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2025
ANNUAL
REPORT
KEJAR MIMPI,
TURNING INSPIRATION
INTO ACHIEVEMENT
PT BANK CIMB NIAGA TBK
PT BANK CIMB NIAGA TBK 2025 Annual Report I
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METHOD OF PREPARATION AND ABOUT THE ANNUAL REPORT The preparation of this Annual Report is intended to provide a clear, accurate, and transparent overview of CIMB Niaga’s performance achievements, strategic direction, and commitment to creating sustainable value for all stakeholders. DISCLAIMER AND LIMITATION OF LIABILITY Except for historical matters, this Annual Report contains operational, financial, projection and plan statements, implementation of strategies and policies, and CIMB Niaga’s objectives, all of which are classified as forward-looking statements regarding the implementation of applicable laws and regulations. These statements are subject to risk and uncertainty, and actual performance may differ materially from those predicted. These forward-looking statements are based on various assumptions involving current conditions and include predictions as to future conditions in the business environment in which the Bank operates. CIMB Niaga does not guarantee that documents whose validity has been confirmed will produce the expected results. II PT BANK CIMB NIAGA TBK 2025 Annual Report
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#KEJARMIMPI
TURNING INSPIRATION
INTO ACHIEVEMENT
Kejar Mimpi is about turning inspiration into achievement, much
like Indonesia’s traditional Nusantara weaving, which brings each
strand of thread together into a creation rich with meaning. The
beauty of Indonesia’s decorative motifs has captivated the world,
not only for their visual elegance, but for the values they carry:
perseverance, togetherness, and a strong sense of national identity.
Across many regions, it is women’s hands that keep weaving
alive through patience, skill, and devotion, making it a symbol
of empowerment and resilience. Together with CIMB Niaga, let’s
continue to unlock potential, weave our dreams, and move forward
in building a future for Indonesia that is rich in color and hope.
PT BANK CIMB NIAGA TBK 2025 Annual Report 1
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Performance Management Company Management Risk
Highlights Reports Profile Discussion & Analysis Management
Theme Continuity
2021 2022 2023
The Rise of Indonesia Kejar Mimpi
Indonesia Berdaya Aspiration become
Inspiration for
Indonesia
Since it was founded, Indonesia is a nation It all began with a sincere
CIMB Niaga has been with a vigorous fighting heart, progressing step by
determined to present spirit. Thus, owning the step, crafting ideas and
customers with the ability to remain agile is creation to answer the call
innovations that make crucial as it will be passed of the soul.
dreams come true. The on as a legacy for future
Bank continues to express generations Turning aspirations into
its aspirations, to rise and inspiration, creating
be creative in building a Together, let’s create innovation and positive
better Indonesia. a better future by changes with CIMB Niaga.
holding tight to tradition Together, let’s pursue our
as identity. Live the dreams for Indonesia.
aspirations and turn
dreams into reality with
CIMB Niaga.
2 PT BANK CIMB NIAGA TBK 2025 Annual Report
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Report Governance Responsibilities Corporate Data Statement
2025
2024
Kejar Mimpi Kejar Mimpi
Action and Collaboration
for Indonesia Turning Inspiration
into Achievement
Every achievement starts In every step of pursuing your dreams,
with action. Through there is always great potential waiting to be
collaboration, synergy,
and shared inspiration, we
discovered, honed, and brought to life. With
unlock true potential. the right support, inspiration flourishes into
tangible action, creating a meaningful impact
for individuals, families, and the nation.
Together with CIMB Niaga,
let’s take bold action and
collaborate to make the
Together with CIMB Niaga, let’s continue to
dreams of Indonesia’s unlock potential, pursue dreams, and turn
future generations. inspiration into achievement, weaving a
future full of promise as we move forward
for Indonesia.
PT BANK CIMB NIAGA TBK 2025 Annual Report 3
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Performance Management Company Management Risk
Highlights Reports Profile Discussion & Analysis Management
Table of Contents
16 Method of Preparation and Board of Directors’ Profiles 92
About The Annual Report
Sharia Supervisory Board Profiles 97
Disclaimer and
Limitation of Liability Changes in the Composition 98
of Members of the Board
Theme 1 of Commissioners, Sharia
Supervisory Board, and Board
Theme Continuity 2
of Directors and Reasons for
Our New Strategic Plan – 7 the Changes
Foward30
Senior Executives’ Profiles 99
Achievements of Financial Year 8
Statistics on the Number of 104
2025
Employees and Competence
Sustainability Performance 9 Development Data
Performance Highlights Highlights 2025
Shareholders Composition 108
Our Digital Initiatives 10
Chronology of Issuance and/or 114
28 Listing of Shares
Performance Chronology of Other Securities 115
Highlights Listings
Group Structure 116
Financial Data Highlights 16
Subsidiaries, Associated, and 118
Business and Subsidiaries 19 Joint Ventures
Operational Highlights
List of Business Partnerships 121
Share Highlights 21
Public Accountant and 121
Highlights of Bonds, Sukuk, or 23 Public Accounting Firm
Convertible Bonds
Capital Market Institutions 122
2025 Event Highlights 24 Supporting and Professions
Management Reports Bank Data and Information 123
Access
Management
Reports Website Information 123
68
Education and/or Training of the 125
The Board of Commissioners 30 Board of Commissioners, Board
Report of Directors, Sharia Supervisory
The Board of Directors Report 42 Board, Committees, Corporate
Secretary, and Internal Audit Unit
The Sharia Supervisory Board 60
Report Awards and Certifications 134
Annual Report 64
Responsibility Statement
Management Discussion
and Analysis
Company 2025 Macroeconomics Overview 144
Profile
Company Profile
Business Segment Review 147
General Company Information 70
Corporate Banking 147
CIMB Niaga At a Glance 71
142 Name Change Information 73
Treasury and Capital Markets 151
Transaction Banking 155
Membership in Associations 73
Commercial Banking 159
Milestones 74
Emerging Business 163
Corporate Vision, Mission, 76 Banking (EBB)
Culture, and Core Values
Consumer Banking 166
Corporate Identity (Logo) 78
Sharia Banking 179
Organization Structure 79
Operational Review by 187
Line of Business 83 Business Segment
Business Network and 86 Profitability by 188
Operating Areas Business Segment
Management Discussion and Analysis
Board of Commissioners’ Profiles 88 Financial Performance Analysis 189
Implementation of 190
the Foward30 Strategy
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258 Expansion of Electronic 191 Material Transactions with 237
Network Reach Conflicts of Interest and
Transactions with Affiliated/
Consolidated Statements of 192 Related Parties
Financial Position
Transactions Between the 240
Consolidated Statements of 210 Bank and Related Parties
Profit and Loss and Other
Comprehensive Income Spot and Derivative 241
Transactions
Cash Flow Statements 216
Changes in Law and 242
Key Financial Ratios 217 Regulations with Significant
Prime Lending Rates 217 Effect on the Bank and Their
Impact on Financial Report
Commitments and Contingencies 219
Changes in Accounting Policy 246
Risk Management Brief Report of the Subsidiaries 220
Application of the Foreign 247
Other Material Financial 223 Account Tax Compliance
372 Information Act (FATCA) & Common
Reporting Standard (CRS)
Significant Agreements 227
Marketing Aspects 248
Bank Capital Structure 228
Business Prospects 253
Investment Properties 229
Business Sustainability 255
Material Commitments for 229 Information
Capital Expenditures
Capital Expenditure Realized 230
in the Last Fiscal Year Risk
Management
Comparison of Targets and 231
Realizations 2025
Risk Management Focus 2025 260
2026 Projections 232
Supporting Business Review Risk Management Approach – 262
Dividend Distribution Policy 232 Framework
Long-Term Compensation 234 ICAAP (Internal Capital 268
402 Policy Adequacy Assessment Process)
Realization of Proceeds from 235 Sharia Business Unit (SBU) 269
the Public Offering Risk Management
Other Significant Transactions 235
Risk Profile and Soundness 270
of Significant Amounts
Level of Bank and Consolidation
Material Information and Facts 235
Occurring after the Date of the Integrated Risk Management 270
Accountant’s Report Development of Basel 271
Significant Changes at the 235 Implementation
Bank and the Bank’s Business
Disclosure of Recovery Plan 272
Group in the Related Year
Anti Fraud Management (AFM) 275
Financial Information that Has 235
Corporate Governance Been Reported, which Contains Basel II Pillar 3: Capital 277
Events that are Extraordinary Disclosure, Risk Exposure,
and Rarely Occur and Risk Management
Provision of Funds, 236 Implementation
Commitments, and Other
Facilities Capital 280
Prohibition, Limitation, and 236 Leverage Ratio 289
Significant Challenges to Credit Risk 292
Transfer Funds Between the
Bank and Other Entities in Market Risk 333
the Business Group
Liquidity Risk 340
Information on Material 236
Transactions Related to Operational Risk 353
Investment, Expansion, Reputation Risk 361
Divestment, Business
Incorporation/Merger, Compliance Risk 362
Acquisition, and Debt/Capital
Restructuring Legal Risk 363
PT BANK CIMB NIAGA TBK 2025 Annual Report 5
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Performance Management Company Management Risk
Highlights Reports Profile Discussion & Analysis Management
Strategic Risk 364 Integrated Governance 507 Whistleblowing System 576
Committee
Intragroup Transaction Risk 367 Strategic Plan of the Bank 580
Committees at the Board of 514
Rate of Return Risk 368 Directors Level Implementation of the ASEAN 580
Corporate Governance
Investment Risk 369 Corporate Secretary 522 Scorecard
Remuneration Policy 369 Internal Audit Unit (IA) 525 Indonesian General Guidelines 581
for Corporate Governance (PUGKI)
Compliance Management Unit 533
Supporting Implementation of Corporate 591
Anti-Money Laundering (AML), 538 Governance Aspects and
Business Review Counter the Financing of Principles for Public Companies
Terrorism (CFT) and Counter Pursuant to Financial Services
Human Resources 374 of Proliferation Financing of Authority Provisions
Weapons of Mass Destruction
Operations, Technology, 390 (CPFWMD) Program Integrated Governance 595
Analytics & AI Implementation Report
Public Accountant 544
Sharia Business Unit 604
Risk Management System 545 Governance Report
Corporate
Governance Internal Control System 550 Transparency of Bad 612
Important Cases 552 Governance Practices
Implementation of CIMB Niaga’s 404
Sanctions 555 Governance in Strengthening 612
Good Corporate Governance
a Long-Term Strategy with
Basis, Guidelines and Objectives 406 Tax Governance Framework, 555 Integrity and Sustainability
of Good Corporate Governance Management and Control
Culture of Integrity and 612
(GCG) Implementation Anti-Bribery and Corruption 556 Sustainability as Operational
Stages of GCG Implementation 406 Policy Pillars
The Interrelation of GCG 407 Provision of Funds to Related 558 Leadership in Maintaining 612
Implementation Parties Reporting Integrity and
with Bank Performance Credibility
Policy for Disclosure of 558
Initiatives to Enhance the 407 Information Regarding Share Statement on Implementation 613
Quality of GCG Implementation Ownership of Members of The of Good Governance Principles
in 2025 Boards of Directors and Board
of Commissioners
Milestone of CIMB Niaga’s GCG 408
Access to Corporate Data and 559 Corporate Social
GCG Structure and Mechanism 409 Information Responsibility
of the Bank
Goods and Services 560 Corporate Social Responsibility 614
GCG Implementation Assessment 411 Procurement Policy
General Meeting of Shareholders 413 Code of Ethics and Code of 563
Conduct Other Corporate
Board of Commissioners 435 Data
Corporate Values and Culture 566
Independent Commissioner 448
Implementation of the 567 Office Network Addresses 617
Board of Directors 449
Sustainability Concept in
Performance Assessment of 467 Business Processes
the Board of Commissioners Financial
Sustainability Report 567 Statements
and Board of Directors
Preparation Framework
Policy on the Diversity of the 471 Consolidated Financial 629
Provision of Funds for 568
Board of Commissioners and Statements
Social and Political Activities
the Board of Directors
Protection of Creditor Rights 568
Nomination and Remuneration 474
Policy Transparency of the Bank’s 569 Reference and
Financial and Non-Financial Index Rules/Criteria
Ultimate and Controlling 481
Conditions
Shareholders
SEOJK No. 16/SEOJK.04/2021: 967
Reporting Integrity and 570
Affiliated Relationships of The 482 Annual Report of Public
Information Technology Systems
Board of Commissioners, Sharia Company
Supervisory Board, Board Conflict Management Policy 570
of Directors and Controlling (Including Insider Trading) To Financial Services Authority 979
Shareholders Circular Letter No. 29/
Dividend Policy 571 SEOJK.03/2025:
Committees at the Board of 484
Long-Term Compensation Policy 571 Transparency and Publication
Commissioners Level
of Conventional Commercial
Audit Committee 484 Shares and Bonds Buyback of 571 Bank Reports
CIMB Niaga
Risk Oversight Committee 492
Customer Protection Policy 572
Nomination and 499
Remuneration Committee Internal Fraud 574
6 PT BANK CIMB NIAGA TBK 2025 Annual Report
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Our New Strategic Plan – Foward30
CIMB Niaga successfully delivered strong results through the implementation of its 5-Pillar Strategy, reflected in the
improvement of Return on Equity (ROE) from 9.70% in 2019 to 14.34% in 2024. This achievement was supported by
disciplined loan portfolio reallocation and optimization, particularly in the consumer and SME segments, alongside
continued CASA growth, enhanced operational efficiency, a strong risk management culture and asset quality, and the
effective utilization of technology.
KEY ACHIEVEMENTS OF THE 5-PILLAR STRATEGY
No. 5-Pillar Strategy Performance Indicators 2019 2024
1. Playing to Our Strengths Retail Credit Contribution 29.00% 45.27%
2. Expanding theCASA Franchise CASA Ratio 55.35% 66.02%
3. Discipline in Cost Management CIR 49.07% 44.32%
4. Preservation of Capital and Balanced Risk Culture COC 1.75% 0.84%
5. Leverage of Information Technology Digital Penetraton 2
23.83% 71.04%
1
Retail loans, including consumer and SME loans.
2
Digital channels, including OCTO Mobile (Mobile Banking) and OCTO Clicks (Internet Banking).
Our new long-term strategy, the Forward30 Strategic Plan, will guide CIMB Niaga for the 2025–2030 period in sharpening
its competitive edge and strengthening market leadership. Built on the Bank’s purpose of Advancing Customers and
Society, placing customers at the center of everything we do, Forward30 focuses on the 4Cs: Capital, Cash, Cross-sell,
and Capabilities, to drive sustainable performance and enhance shareholder value.
FORWARD30 STRATEGIC PLAN
Purpose Advancing Custumers & Societies
Strategic Moves - the 4Cs
1 Capital: Reallocation and optimization of capital and resources
2 Cash: Build CASA franchise
3 Cross-sell: Increase returns
4 Capabilities: Simpler, Better, Faster products, services, and operations
Impact Spirit and Values
Customers
People Work From Heart
PT BANK CIMB NIAGA TBK 2025 Annual Report 7
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Achievements of Financial Year 2025
Consolidated Net Profit Loans
(in trillion Rupiah) (in trillion Rupiah)
6.5 6.8 6.9 Record consolidated net profit of Rp6.9 213.4 228.0 238.31 Total loans grew by 4.52% to Rp238.31
trillion, an increase of 0.74% compared trillion, driven by healthy growth in
to 2024 net profit. consumer segment, especially auto loans
and unsecured loans as well as SME
segment.
2023 2024 2025 0.74% 2023 2024 2025 4.52%
Customer Deposit CASA Ratio
(in trillion Rupiah) (in %)
235.9 260.6 270.52 The Bank’s customer deposits increased 63.86 66.02 70.03 CASA Ratio increased to 70.03%,
3.79% to Rp270.52 trillion driven by a expanded by 4.01% from 66.02%
strong growth in CASA. previously.
2023 2024 2025 3.79% 2023 2024 2025 4.01%
Cost to Income Ratio (CIR) Gross Non-Performing Loan (NPL)
(in %) (in %)
44.83 44.32 45.92 The cost to income ratio was 45.92%, 1.96 1.76 1.81 Gross NPL Ratio increased from 1.76%
increased 1.60% from the previous year. in 2024 to 1.81% in 2025.
2023 2024 2025
1.60% 2023 2024 2025
0.05%
Capital Adequacy Ratio (CAR) Return on Equity (ROE Tier-1)
(in %) (in %)
24.02 23.34 24.83 Capital Adequacy Ratio (CAR) was 15.02 14.34 13.03 Return on Equity (ROE Tier-1) decreased
24.83%, increased by 1.49% from by 1.31% to 13.03% from 14.34%
23.34% in the previous year. previously.
2023 2024 2025
1.49% 2023 2024 2025
1.31%
8 PT BANK CIMB NIAGA TBK 2025 Annual Report
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Sustainability Performance Highlights 2025
Sustainability Commitment
Net Zero Green House Gas Net Zero GHG Phase out thermal No Deforestation,
(GHG) emissions Scope 1 emissions Scope 1, coal mining financing No Peat, No Exploitation (NDPE).
and 2 by 2030. 2, and 3 by 2050. by 2040.
Sustainable Actions
36%
Contribution through renewable energy to
46%
GHG emissions Scope 1 and 2
>102
Waste reduction
total energy usage. reduction from baseline 2019.* (tonnes CO2e).**
*
With climate change mitigation efforts or the use of renewable energy through the purchase of the Renewable Energy Certificate (REC).
**
Reduction of waste or trash is stated as the potential equivalent of GHG emissions that can be avoided through the Zero Waste to Landfill initiative. The calculation method leverages
Graha CIMB Niaga, Griya Niaga Bintaro 1 & 2, Tebet branch, and Gajah Mada branch waste data.
Sustainable Business
59.52 trillion
25% ±209,000
Rp
Sustainable financing (KKUB) Average potential GHG emissions that
portfolio. Composition can be avoided through digital banking
of KKUB. transactions (tonnes CO2e).
Corporate Social Responsibility
Coverage of the Ayo Training and The Bank collaborated with UNICEF on the
Menabung dan Berbagi empowerment for total #CegahStunting initiative and implemented
and Tour de Bank 979 MSMEs in Eastern programmes in East Nusa Tenggara (NTT), reaching
programmes since 2011. Indonesia since 2022. 100 Early Childhood Education Center (PAUD),
training more than 450 teachers and health cadres,
107,299 80%
screening over 1.000 children, and establishing
school gardens to improve child nutrition.
Students Female
115,400
1,154 20%
The Bank has planted bamboos
since 2012 with potential absorption of more than
Schools Male
>15,000 tonnes CO2e
7%
Governance and Risk
7
Carbon-intensive sectors with 2030 interim
decarbonization target:
Sector Palm Oil Cement
Guidance
Power Oil and Gas
The Bank’s decarbonization Publishing a Climate Risk
performance remains below the Management Policy
Thermal Coal Mining Real Estate reference scenario pathway.
Advocacy and Stakeholders Engagement
99%
Customer complaint settlement rate.
100%
Sustainable finance training for the Board of
Directors and Board of Commissioners.
The Bank’s sustainability performance is comprehensively presented in its 2025 Sustainability Report. The report is
published separately but complements and reinforces this Annual Report, providing a comprehensive overview of the Bank’s
commitments and implementation of sustainability and climate-related principles.
PT BANK CIMB NIAGA TBK 2025 Annual Report 9
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Our Digital Initiatives
In 2025, we continued our commitment to deliver
innovative solutions, providing our customers with
a seamless, safe, and integrated digital banking
experiences.
A strategic move taken was to
rebrand OCTO. The initiative integrated
previously separate digital banking platform i.e.
OCTO Mobile and internet banking
i.e. OCTO Clicks into OCTO, a single digital
ecosystem. With the integration, customers
can now perform credential alignment (user ID),
and later access both the app and web version
using the same credentials. This supports a more
seamless, practical, and consistent
digital experience.
In addition, we also launched series of digital
innovations enriching features and services
available on OCTO:
QRIS and/or NFC-based payments on the
OCTO app
Launched QRIS Tap feature on the OCTO app,
supporting Bank Indonesia’s payment blue
print. The feature supports seamless payment
especially at public transportation by simply
tapping your mobile phone.
Launched NFC Tap & Pay which also facilitates
contactless payments in Indonesia and
overseas.
QRIS Crossborder Japan:
Simplify payment as QRIS is now accepted in
Japan.
Connect with our Contact Center without airtime
With our OCTO app, customers can contact CIMB Niaga
Contact Center at 14041 and the Preferred & Private
Assistance service at 1500800 with no airtime, using
data or WhatsApp Call.
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Hajj Registration via OCTO App:
Provide additional convenience for the customers
to plan their Hajj pilgrimage via digital
Redeem Poin Xtra to Miles:
More loyalty benefits as customers can convert their Poin
Xtra to miles (including GarudaMiles, Krisflyer, and AirAsia
Rewards).
Check details on insurance product and more servicing features:
Customers can view Sun Life policy details for any insurance purchased
through CIMB Niaga. In addition, customers can also access servicing features
available for Sun Life insurance, from fund disbursement, switching to
insurance claim submission.
Registration, Buying/Selling, and Printing Gold:
Registration, buy, and sell gold are now available on the OCTO app
and web. We also added a feature allowing customer to claim physical
gold via OCTO web.
These innovations strengthen
our position as a bank that is
continuously adapt to technology
developments and customers’
demand for simpler, better, and
faster digital banking solutions.
PT BANK CIMB NIAGA TBK 2025 Annual Report 11
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Guiding Families Forward with Integrity,
Fairness, and Purpose
CIMB Niaga Sharia is committed to guiding families
forward through financial solutions built on integrity and
fairness, empowering them to grow together and turn
their dreams into reality, in line with Islamic Principles.
12 PT BANK CIMB NIAGA TBK 2025 Annual Report
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PT BANK CIMB NIAGA TBK 2025 Annual Report 13
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Performance Management Company Management Risk
Highlights Reports Profile Discussion & Analysis Management
01
Performance
Highlights
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Financial Data Highlights 16
Business and Subsidiaries 19
Operational Highlights
Share Highlights 21
Highlights of Bonds, Sukuk, or 23
Convertible Bonds
2025 Event Highlights 24
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Performance Management Company Management Risk
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Financial Data Highlights
FINANCIAL POSITIONS
(in million Rupiah)
YoY 2024-25 CAGR 2021-25
Description 2025 2024 2023 2022 2021 (%) (%)
Total Assets 372,698,893 360,220,510 334,369,233 306,754,299 310,786,960 3.46 4.65
Earning Assets - Net 436,838,108 432,548,988 396,220,269 351,099,533 336,250,284 0.99 6.76
Loans 238,308,825 228,002,995 213,369,870 196,611,014 181,613,420 4.52 7.03
Loans - Net 229,925,440 217,349,595 201,322,387 183,413,629 168,477,786 5.79 8.08
Marketable Securities (Including 21,326,161 25,068,126 14,523,320 6,319,972 11,765,578 (14.93) 16.03
Securities Purchased under Resale
Agreement) - Net
Placement with Bank Indonesia and 11,842,517 5,047,695 4,532,988 14,869,794 30,345,785 134.61 (20.96)
with Other Banks - Net
Total Liabilities 314,541,710 307,024,183 285,031,862 261,478,036 267,398,602 2.45 4.14
Customer Deposits 270,522,780 260,639,027 235,861,670 227,188,557 241,348,510 3.79 2.89
CASA (Current Account Saving Account) 189,460,519 172,067,205 150,632,627 144,425,552 148,042,439 10.11 6.36
Current Account 103,079,287 91,788,134 73,201,803 70,340,016 75,477,306 12.30 8.10
Saving Account 86,381,232 80,279,071 77,430,824 74,085,536 72,565,133 7.60 4.45
Time Deposits 81,062,261 88,571,822 85,229,043 82,763,005 93,306,071 (8.48) (3.46)
Borrowing and Deposits from Other 11,821,565 14,447,403 8,048,972 5,931,421 5,032,757 (18.18) 23.80
Banks
Marketable Securities Issued 3,685,222 1,687,452 2,297,702 1,704,938 5,369,228 118.39 (8.98)
Subordinated Loans - 74,514 155,619 228,311 226,143 (100.00) (100.00)
Total Equity 58,157,183 53,196,327 49,337,371 45,276,263 43,388,358 9.33 7.60
PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME
(in million Rupiah)
YoY 2024-25 CAGR 2021-25
Description 2025 2024 2023 2022 2021 (%) (%)
Interest and Sharia Income - Net 13,476,289 13,266,540 13,352,383 13,476,138 13,088,860 1.58 0.73
Other Operating Income 5,959,399 5,650,996 5,433,137 5,389,583 4,478,657 5.46 7.40
Total Operating Income 19,435,688 18,917,536 18,785,520 18,865,721 17,567,517 2.74 2.56
Impairment Losses on Financial and (1,685,457) (1,805,250) (2,006,613) (3,813,709) (4,169,888) (6.64) (20.27)
Non-Financial Assets - Net
Other Operating Expenses (8,968,146) (8,749,399) (8,583,527) (8,483,650) (8,132,754) 2.50 2.47
Net Operating Income 8,782,085 8,362,887 8,195,380 6,568,362 5,264,875 5.01 13.65
Income Before Income Tax 8,825,765 8,728,787 8,357,272 6,579,332 5,337,581 1.11 13.40
Income Tax Expense (1,890,380) (1,829,853) (1,805,871) (1,482,561) (1,124,720) 3.31 13.86
Net Income 6,935,385 6,898,934 6,551,401 5,096,771 4,212,861 0.53 14.05
Other Comprehensive Income - Net 1,962,809 (89,119) 248,796 (904,213) (683,530) (2,302.46) 30.18
of Tax
Total Comprehensive Income 8,898,194 6,809,815 6,800,197 4,192,558 3,529,331 30.67 26.01
Net Income Attributable to:
Equity Holders of the Parent 6,876,537 6,825,773 6,474,195 5,041,781 4,214,597 0.74 13.02
Non-Controlling Interest 58,848 73,161 77,206 54,990 (1,736) (19.56) 141.29
Total Comprehensive Income
Attributable to:
Equity Holders of the Parent 8,839,185 6,735,811 6,723,316 4,135,356 3,531,067 31.23 25.78
Non-Controlling Interest 59,009 74,004 76,881 57,202 (1,736) (20.26) 141.46
Earnings Per Share - Basic (in Rupiah 273.53 271.59 259.45 202.21 169.06 0.71 12.78
full amount per Share)
16 PT BANK CIMB NIAGA TBK 2025 Annual Report
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CASH FLOW STATEMENT
(in million Rupiah)
YoY 2024-25 CAGR 2021-25
Description 2025 2024 2023 2022 2021 (%) (%)
Net Cash Provided from/(Used in) 4,150,199 8,221,937 (1,796,976) (16,360,431) 29,609,510 (49.52) (38.81)
Operating Activities
Net Cash Provided from/(Used in) 7,643,004 (7,727,990) (5,998,437) 5,994,554 (9,043,175) 198.90 (28.77)
Investing Activities
Net Cash (Used in)/Provided from (6,459,266) (842,805) 329,226 (4,938,480) (1,773,338) 666.40 38.15
Financing Activities
Net increase/(decrease) in cash and 5,413,099 (145,823) (7,568,533) (14,964,444) 18,977,246 (3812.10) (26.92)
cash equivalents
Cash and cash equivalents, beginning 24,337,359 24,483,182 32,051,715 47,016,159 28,038,913 (0.60) (3.48)
of the year
Cash and cash equivalents, end of 29,750,458 24,337,359 24,483,182 32,051,715 47,016,159 22.24 (10.81)
the year
FINANCIAL RATIOS
Change 2024-25 Change 2021-25
Description 2025 2024 2023 2022 2021 (%) (%)
I. Capital
Capital Adequacy Ratio (CAR)** 24.83% 23.34% 24.02% 22.19% 22.68% 1.49 2.29
CAR Tier I 23.73% 22.25% 22.89% 21.11% 21.61% 1.47 2.37
CAR Tier II 1.11% 1.09% 1.13% 1.08% 1.07% 0.02 0.92
Fixed Assets to Capital Ratio 16.86% 17.66% 19.90% 22.44% 21.79% (0.79) (6.21)
II. Assets Quality
Non-Performing Earning Assets to 1.02% 0.94% 1.14% 1.62% 1.90% 0.09 (14.37)
Total Earning Assets Ratio
Non-Performing Loan Ratio (NPL) - 1.81% 1.76% 1.96% 2.80% 3.46% 0.05 (14.96)
Gross
Non-Performing Loan Ratio (NPL) - 0.72% 0.69% 0.71% 0.75% 1.17% 0.03 (11.46)
Net
Impairment Ratio 3.14% 4.06% 5.14% 7.09% 6.67% (0.92) (17.14)
Loan Loss Coverage (LLC) 197.83% 270.01% 292.11% 242.75% 212.10% (72.18) (1.73)
Cost of Credit (COC) 0.74% 0.84% 1.03% 1.85% 2.42% (0.11) (25.64)
Loan at Risk (LAR) 6.94% 8.56% 11.23% 15.10% 20.32% (1.58) (23.55)
III. Profitability
Return On Assets (ROA) 2.43% 2.53% 2.59% 2.16% 1.88% (0.10) 6.62
Return on Equity (ROE):
ROE Shareholders’ Equity 12.48% 13.54% 14.03% 11.71% 10.21% (1.06) 5.15
ROE Tier I 13.03% 14.34% 15.02% 12.59% 10.73% (1.29) 4.98
Net Interest Margin (NIM) 3.97% 4.09% 4.40% 4.69% 4.86% (0.12) (4.92)
Other Operating Income to 30.66% 29.87% 28.92% 28.57% 25.49% 0.79 4.72
Operating Income
Cost to Income Ratio (CIR) 45.92% 44.32% 44.83% 44.91% 45.88% 1.60 0.02
Operating Expenses to Operating 72.40% 74.02% 71.47% 74.10% 78.37% (1.62) (1.96)
Income (BOPO)
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Change 2024-25 Change 2021-25
Description 2025 2024 2023 2022 2021 (%) (%)
IV. Liquidity
Loan to Deposit Ratio (LDR) 86.81% 86.28% 89.30% 85.63% 74.35% 0.52 3.95
CASA Ratio 70.03% 66.02% 63.86% 63.57% 61.34% 4.02 3.37
Macroprudential Intermediation 74.20% 78.39% 78.20% 77.13% 70.69% (4.19) 1.22
Ratio (RIM) (Conventional)
Macroprudential Intermediation 94.98% 113.19% 122.12% 117.42% 86.40% (18.21) 2.40
Ratio (RIM) (Sharia Business Unit)
Liquidity Coverage Ratio (LCR) 203.80% 225.53% 249.58% 230.92% 263.99% (21.73) (6.26)
Net Stable Funding Ratio (NSFR) 113.18% 115.62% 114.67% 120.10% 126.27% (2.44) (2.70)
Liabilities to Equity Ratio 540.85% 579.67% 579.72% 577.52% 616.29% (36.31) (3.21)
Liabilities to Assets Ratio 84.40% 85.29% 85.29% 85.24% 86.04% (0.84) (0.48)
V. Compliance
a. Legal Lending Limit (LLL) violation
percentage
Related parties 0.00% 0.00% 0.00% 0.00% 0.00% 0.00 0.00
Non-related parties 0.00% 0.00% 0.00% 0.00% 0.00% 0.00 0.00
b. Legal Lending Limit (LLL)
exceeding percentage
Related parties 0.00% 0.00% 0.00% 0.00% 0.00% 0.00 0.00
Non-related parties 0.00% 0.00% 0.00% 0.00% 0.00% 0.00 0.00
VI. Statutory Reserve Requirement
(SRR)
a. Rupiah Main SRR
Daily 3.52% 3.26% 5.70% 3.03% 2.96% 0.26 4.46
Average 6.83% 6.68% 8.97% 9.60% 5.53% 0.15 5.42
b. Foreign currency SRR 4.12% 4.14% 4.09% 4.04% 4.07% (0.02) 0.31
Overall Net Open Position (NOP) 0.98% 2.09% 3.05% 0.77% 1.22% (1.11) (5.41)
VII. Other Data
Non-performing earning assets and 1.02% 0.96% 1.17% 1.68% 1.90% 0.07 (14.33)
non-performing non earning assets
to total earning assets and non
earning assets
Provision for impairment losses 2.53% 3.22% 4.14% 5.11% 5.20% (0.69) (16.45)
(CKPN) of financial assets to
productive assets
Non-performing financing (in million 15,515,691 18,803,973 23,428,135 28,921,446 36,591,354 (17.49) (19.30)
Rupiah)
Allowance for assets quality (required 5,462,093 5,252,487 5,615,657 6,268,265 6,915,519 3.99 (5.73)
provision) (in million Rupiah)
Foreclosed Assets (in million Rupiah) 816,623 682,326 470,293 371,090 369,275 19.68 21.95
Number of Employees (Including 11,647 12,004 12,060 11,767 12,017 (2.97) (0.78)
Subsidiaries)***
Operational Profit per Employee (in 754 697 680 558 438 8.23 14.55
million Rupiah)
Number of Branch Offices 394 407 412 417 427 (3.19) (1.99)
(Unaudited)****
Number of ATMs (Unaudited)***** 2,786 3,265 3,893 4,207 4,481 (14.67) (11.20)
*
Business as usual exclude exceptional items
**
After Loan and Market Risk Calculations.
***
Includes members candidates of the Board of Directors who will be effective after obtaining OJK approval and/or fulfillment of the requirements determined in the
OJK approval.
****
Includes Sharia Branch, Digital Lounge, Cash Mobile and Kiosk.
*****
Includes CDM, MDM, and CRM.
18 PT BANK CIMB NIAGA TBK 2025 Annual Report
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Business and Subsidiaries Operational Highlights
(in trillion Rupiah)
YoY 2024-25 CAGR 2021-25
Consumer Banking 2025 2024 2023 2022 2021 (%) (%)
Total Customer Deposits 120.0 116.9 116.8 105.3 105.0 2.72 3.41
- Current Account 1.1 1.1 1.0 1.0 1.1 (3.53) 0.09
- Saving Account 78.7 74.2 72.3 67.1 66.5 6.08 4.30
- Time Deposit 40.3 41.6 43.4 37.1 37.4 (3.11) 1.87
Total Loan 78.3 75.8 71.8 67.2 60.1 3.41 6.84
Non-Interest Income (in billion Rupiah) 3,369 3,036 2,706 2,638 2,401 10.96 8.83
(in trillion Rupiah)
YoY 2024-25 CAGR 2021-25
Corporate Banking 2025 2024 2023 2022 2021 (%) (%)
Total Customer Deposits 76.1 76.2 61.0 68.8 85.0 (0.11) (2.71)
- Current Account 55.9 53.3 39.9 42.2 46.9 4.89 4.47
- Saving Account 0.2 0.1 0.4 2.2 1.3 88.37 (35.12)
- Time Deposit 19.9 22.8 20.7 24.4 36.7 (12.34) (14.11)
Total Loan 96.8 90.7 83.6 74.7 68.5 6.72 9.03
Non-Interest Income (in billion Rupiah) 940 1,221 1,368 1,018 816 (23.07) 3.60
(in trillion Rupiah)
YoY 2024-25 CAGR 2021-25
Commercial Banking 2025 2024 2023 2022 2021 (%) (%)
Total Customer Deposits 26.4 25.7 21.4 17.9 17.1 3.01 11.42
- Current Account 18.4 15.3 12.5 9.4 9.6 20.39 17.71
- Saving Account 1.4 0.8 0.8 0.8 0.9 68.77 12.28
- Time Deposit 6.6 9.5 8.2 7.6 6.7 (30.49) (0.20)
Total Loan 35.7 34.6 33.0 31.9 31.8 3.15 2.94
Non-Interest Income (in billion Rupiah) 526 553 509 298 180 (4.87) 30.74
(in trillion Rupiah)
YoY 2024-25 CAGR 2021-25
Transaction Banking 2025 2024 2023 2022 2021 (%) (%)
Total Customer Deposits - Cash 139.3 135.5 110.0 110.6 121.3 2.81 3.53
Management
- Current Account 105.9 94.9 75.6 75.4 76.8 11.55 8.35
- Time Deposit 33.4 40.6 34.4 35.2 44.5 (17.64) (6.88)
Total Loan - Trade Finance 18.2 14.9 11.1 12.6 8.8 22.35 20.10
Non-Interest Income (in billion Rupiah) 606 606 562 573 579 0.11 1.15
(in trillion Rupiah)
YoY 2024-25 CAGR 2021-25
Emerging Business Banking (EBB) 2025 2024 2023 2022 2021 (%) (%)
Total Customer Deposits 47.9 41.9 36.7 35.3 34.3 14.36 8.73
- Current Account 27.7 22.1 20.1 17.8 17.9 25.38 11.53
- Saving Account 6.1 5.1 3.9 4.1 3.8 17.75 12.10
- Time Deposit 14.2 14.7 12.8 13.4 12.6 (3.38) 3.10
Total Loan 27.4 26.9 24.9 22.8 21.1 1.99 6.73
Non-Interest Income (in billion Rupiah) 374 414 277 245 189 (9.73) 18.57
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(in trillion Rupiah)
YoY 2024-25 CAGR 2021-25
Sharia Banking 2025 2024 2023 2022 2021 (%) (%)
Total Customer Deposits 50.3 54.7 44.9 39.5 41.5 (7.99) 4.92
- Current Account 15.7 16.7 11.4 8.4 4.5 (6.15) 36.96
- Saving Account 15.1 15.6 14.9 11.9 10.8 (3.13) 8.68
- Time Deposit 19.5 22.4 18.6 19.3 26.2 (12.75) (7.11)
Total Financing 55.7 60.3 55.2 47.2 37.0 (7.58) 10.80
Non-Interest Income (in billion Rupiah) 694 645 538 493 438 7.58 12.21
(in trillion Rupiah)
YoY 2024-25 CAGR 2021-25
PT CIMB Niaga Auto Finance 2025* 2024 2023 2022 2021 (%) (%)
Total Asset 11.6 10.8 8.4 6.4 4.9 7.15 23.81
Managed Asset/Consumer Financing 14.1 13.6 11.3 9.3 7.0 3.78 18.93
Profit before tax (in billion Rupiah) 440.0 570.5 520.4 424.3 309.7 (22.88) 9.18
(in billion Rupiah)
YoY 2024-25 CAGR 2021-25**
PT CIMB Niaga Sekuritas 2025* 2024 2023 2022 2021 (%) (%)
Total Asset 660.6 631.1 571.7 292.1 261.5 4.67 31.26
Revenue 77.1 122.5 32.1 71.9 23.0 (37.06) 2.34
Profit before tax 19.0 46.7 (15.1) 8.8 (30.1) 59.38 29.03
*
Data has not been audited.
**
CAGR is presented excluding 2021, as profit before tax for that year was negative.
20 PT BANK CIMB NIAGA TBK 2025 Annual Report
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Share Highlights
INITIAL PUBLIC OFFERING
PT Bank CIMB Niaga Tbk (formerly PT Bank Niaga) conducted an Initial Public Offering listed on the Indonesia Stock
Exchange, based on the permit of the Minister of Finance of the Republic of Indonesia No. SI-057/SHM/MK.10/1989
dated 2 October 1989. In accordance with the Securities Issuance Agreement and the Agreement between the Securities
Underwriters dated 29 September 1989, the Underwriters approved the issuance of 5,000,000 Registered Common
Shares with a nominal value of Rp1,000 per share at an offering price of Rp12,500 per share.
Lead Underwriters:
PT First Indonesian Finance and Investment Corporation (FICORINVEST); PT Bank Pembangunan Indonesia (BAPINDO);
and PT Merchant Investment Corporation (MERINCORP).
Underwriting Manager:
PT First Indonesian Finance and Investment Corporation (FICORINVEST).
Underwriting Participants:
PT Finconesia; PT Indonesian Finance and Investment Company (IFI); PT Indonesian Investment International
(INDOVEST); PT Inter-Pacific Financial Corporation (Inter-Pacific); PT Multinational Finance Corporation (MULTICOR);
PT Mutual International Finance Corporation (MIFC); PT Private Development Finance Company of Indonesia (PDFCI);
PT Usaha Pembiayaan Pembangunan Indonesia (UPPINDO); PT Aseam Indonesia (ASEAM); and PT Danareksa (Persero).
Supporting Institutions:
Drs. Siddharta & Siddharta as Public Accountant; Kantor Notaris Kartini Muljadi, SH as Notary in Jakarta; and Tumbuan
& Associates as Legal Advisor.
PT Bank Lippo Tbk, as a company that merged into PT Bank CIMB Niaga Tbk effective on 1 November 2008,
conducted an Initial Public Offering based on the permit of the Minister of Finance of the Republic of Indonesia
No. SI-059/SHM/MK.10/1989 dated 2 October 1989. The offering consisted off 6,800,000 Registered Common Shares with a
nominal value of Rp1,000 per share, with an offering price of Rp15,000 per share, and listed on the Indonesia Stock Exchange.
STOCK TRADING PERFORMANCE
Market
Highest Price Lowest Price Closing Price Number of Share Trading Volume Capitalization
Year Quarter (in Rupiah) (in Rupiah) (in Rupiah) (in Million) (in Million) (in
Trillion Rupiah)
I 1,790 1,600 1,695 25,142 229 43
II 1,855 1,550 1,665 25,142 503 42
2025
III 1,755 1,660 1,695 25,142 204 43
IV 1,850 1,660 1,790 25,142 252 45
I 2,220 1,705 2,180 25,142 792 55
II 2,140 1,635 1,760 25,142 512 44
2024
III 1,995 1,740 1,880 25,142 460 47
IV 1,935 1,670 1,730 25,142 285 43
I 1,275 1,125 1,270 25,132 327 32
II 1,585 1,240 1,585 25,132 562 40
2023
III 1,790 1,580 1,690 25,132 471 42
IV 1,745 1,640 1,695 25,132 444 43
I 1,115 945 1,115 25,132 556 28
II 1,175 995 1,010 25,132 592 25
2022
III 1,150 990 1,070 25,132 433 27
IV 1,225 1,050 1,185 25,132 337 30
I 1,165 855 995 25,132 1,013 25
II 1,095 880 880 25,132 252 22
2021
III 1,025 890 975 25,132 503 25
IV 1,085 960 965 25,132 503 24
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STOCK PERFORMANCE
Description 2025 2024 2023 2022 2021
Highest Price (in Rupiah) 1,855 2,200 1,790 1,225 1,165
Lowest Price (in Rupiah) 1,600 1,635 1,125 945 855
Closing Price (in Rupiah) 1,790 1,730 1,695 1,185 965
Market Capitalization (in Trillion Rupiah) 45 43 43 30 24
Earning Per Share (in Rupiah) 273 272 259 202 164
Book Value Per Share (in Rupiah) 2,313 2,117 1,977 1,816 1,740
P/E (x) 6.8 6.5 6.9 6.2 7.3
P/B (x) 0.8 0.8 0.9 0.7 0.6
STOCK PRICE MOVEMENT
Stock Trading Volume and Closing Price Chart During 2021-2025.
(in Rupiah) (in million)
2,400 200
2,100 175
1,800 150
1,500 125
1,200 100
900 75
600 50
300 25
- -
Jan Apr Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep Dec
2021 2022 2023 2024 2025
Closing Stock Price (in Rupiah) Transaction Volume (in millions) - right scale
CORPORATE ACTIONS
Throughout the financial year ended 31 December 2025, CIMB Niaga did not undertake corporate actions, including
stock splits, reverse stock splits, bonus share issuances, or changes to the par value of shares. In 2024, however, CIMB
Niaga carried out a corporate action in the form of a Capital Increase Without Pre-emptive Rights. Detailed information
on this capital increase is presented in the Company Profile chapter under the subsection Chronology of Share Issuance
and or Listing.
In 2025, the Subsidiary Entity issued The Continuous Sukuk Wakalah Bi Al-Istitsmar I CIMB Niaga Auto Finance Phase II
Seri A and B amounting to Rp1.6 trillion and The Continuous Sukuk Wakalah Bi Al-Istitsmar I CIMB Niaga Auto Finance
Phase III Seri A dan B amounting to Rp1.5 trillion.
TEMPORARY SUSPENSION OF STOCK TRADING AND/OR STOCK DELISTING
Throughout the 2025 and 2024 financial years, CIMB Niaga was not subject to any share trading sanctions, including
trading suspensions or delisting on the Exchange.
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Highlights of Bonds, Sukuk, or Convertible Bonds
OUTSTANDING AND UNSETTLED BONDS AND SUKUK
By the end of 2025, all Bonds / Sukuk issued by CIMB Niaga had been fully matured and settled, meaning there is no
outstanding Bonds / Sukuk.
BONDS AND SUKUK MATURATED AND SETTLED IN THE 2024-2025 PERIOD
Value Securities Rating
Date of Tenor (in Maturity Interest
Bonds and Sukuk Series Currency Trustee
Issuance (year) billion date Rate 2025 2024 2023
Rp)
Shelf Registration 15 7 Rupiah 75 15 10.00% AA AA AA PT Bank
Subordianated Bond III November November (Pefindo) (Pefindo) (Pefindo) Permata
Bank CIMB Niaga Year 2018 2025 Tbk
2018 Series B
Shelf Registration Sukuk 27 5 Rupiah 391 27 7.25% AAA(sy) AAA(sy) AAA(sy) PT Bank
Mudharabah I Bank CIMB March March (Pefindo) (Pefindo) (Pefindo) Permata
Niaga Phase III Year 2010 2020 2025 Tbk
Series C
Shelf Registration Sukuk 21 5 Rupiah 429 21 8.25% AAA(sy) AAA(sy) AAA(sy) PT Bank
Mudharabah I Bank CIMB August August (Pefindo) (Pefindo) (Pefindo) Permata
Niaga Phase II Year 2019 2019 2024 Tbk
Series C
Shelf Registration Bond III 19 5 Rupiah 481 19 7.80% AAA AAA AAA PT Bank
Bank CIMB Niaga Phase I December December (Pefindo) (Pefindo) (Pefindo) Permata
Year 2019 Series C 2019 2024 Tbk
Shelf Registration 19 5 Rupiah 83 19 8.05% AA AA AA PT Bank
Subordianated Bond I December December (Pefindo) (Pefindo) (Pefindo) Permata
Bank CIMB Niaga Phase I 2019 2024 Tbk
Year 2019
Total Matured Bonds & Sukuk 1,459
CONVERTIBLE BONDS INFORMATION
Until the fiscal year ending 31 December 2025, CIMB Niaga had not issued any convertible bonds.
COMPANY RATING
Rating Agency Category Rating
Outlook Stable
Counterparty Risk Rating A3/P-2
Bank Deposits Baa1/P-2
Moody’s Investor Service Baseline Credit Assessment Baa3
Adjusted Baseline Credit Assessment Baa1
Counterparty Risk Assessment A3(cr)/P-2(cr)
Issuer Rating Baa1
Outlook Stable
Pefindo Corporate Rating idAAA
Subordinated Bonds idAA
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2025 Event Highlights
2025 14 April 2025
City Centric Activations 2025 Annual General Meeting of Shareholders (AGMS)
Throughout 2025, CIMB Niaga reaffirmed its commitment to CIMB Niaga held AGMS 2025 on 14 April 2025 at Graha
inclusive growth through the City Centric F30 initiative—an CIMB Niaga Jakarta. It was attended by Bank Management
integrated effort to deliver meaningful and relevant banking Committee (including Directors), Board of Commissioners,
experiences for communities across various regions in Sharia Supervisory Board and CIMB Niaga shareholders.
Indonesia. CIMB Niaga helps to fulfill customers’ aspirations
through a city-centric approach—integrating on-ground
activations, relevant financial solutions, and consistent service
standards to create long-term value and strengthen customer
trust in the Bank.
25 April 2025 July 2025
OPeRA 2024 Kejar Mimpi Rising Start
OPeRA is one of CIMB Niaga’s commitments to recognizing In 2025, CIMB Niaga reintroduced the Kejar Mimpi Rising Star
dedication, hard work, and consistency of high performing Singing Competition 2025 with more than 1,200 participants
employees. Taking the theme “Bekerja dengan Hati, Prestasi in attendance. This ASEAN-scale singing competition featured
Menginspirasi”, various awards were presented to top- participants from Indonesia and Malaysia, including regional
performing employees across several categories, including the winners and children’s category winners from both countries.
Innovation Award, Collection Award, Sales Award, CX Award, The program aims to support the development of young talent
and Cross Sell Award. in the music industry.
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4 September 2025 26 September 2025
National Customer Day Syukuran HUT ke-70
National Customer Day (Harpelnas) 2025, held on 4 All members of the Bank Management Committee (BMC),
September, served as a strategic moment for CIMB Niaga along with all employees, gathered to celebrate CIMB
to strengthen customer relationships and reinforce its Niaga’s 70th anniversary. The series of events began with a
commitment to advancing with customers and society through Townhall in Makassar and culminated in the “70th Anniversary
sincere, heart-driven service (Work From Heart). Carrying the Thanksgiving Celebration of CIMB Niaga,” held both online and
theme “Dari Hati untuk Wujudkan Mimpi Anda”, the celebration offline on September 26, 2025. The celebration was attended
also marked CIMB Niaga’s 70th anniversary, a reflection of the by all CIMB Niaga employees, as well as subsidiaries CIMB
company’s long-standing dedication to supporting customers Niaga Finance (CNAF) and CIMB Niaga Sekuritas (CNS).
in achieving their aspirations.
Surabaya (20 November) &
13-14 December 2025
Jakarta (4 December)
Wealth Xpo The Cooler Earth Sustainability Series 2025
Wealth Xpo 2025 is one of CIMB Niaga’s flagship events, CIMB Niaga once again demonstrates its commitment to ongoing
designed to provide financial education to its valued efforts in mobilizing collective action to build a responsible
customers. Carrying the theme Tambah Wawasan, Tumbuhkan society and a more livable planet. The Cooler Earth (TCE) series
Kekayaan”, this third annual event once again delivers 2025 included Sustainability Exhibitions, Experiential Learning
inspiration and deep insights to customers in two major sessions, Sustainability Talkshows, as well as a gathering themed
cities—Jakarta (December 4, 2025) and Surabaya (November ‘Collaborating for a Sustainable Future to Realize The Cooler
20, 2025). Wealth Xpo 2025 also marked a significant Earth.’ The event featured the participation of CIMB Niaga’s
milestone with the launch of CIMB Private Wealth, an leadership, the Press Council, and a prominent public figure
exclusive service designed to meet the needs of distinguished committed to environmental advocacy. Throughout 2025, the
clients in managing and growing their wealth. TCE initiative in Indonesia reached more than 50,000 audiences
across 37 cities through over 70 activities.
Kejar Mimpi Fest 2025
CIMB Niaga Kejar Mimpi Fest 2025 is one of CIMB Niaga’s flagship
events, combining education, creativity, and a wide range of
opportunities to learn, connect, and take concrete steps toward
achieving dreams. As part of this event, the Kejar Mimpi Award
2025 was presented to visionary figures who exemplify courage,
perseverance, and a positive impact on society. The CIMB Niaga
Kejar Mimpi Fest 2025 is expected to serve as a hub for growth and
recognition for Indonesia’s creative talents.
13-14 December 2025
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Advancing Innovation,
Empowering Seamless Living
Within this era, CIMB Niaga leads digital
transformation to deliver faster, safer, and smarter
financial experiences. That’s where we help
communities to embrace the digital era and turn
everyday progress into impactful results through
Dream Forward To Turn Inspiration Into Achievement.
26 PT BANK CIMB NIAGA TBK 2025 Annual Report
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PT BANK CIMB NIAGA TBK 2025 Annual Report 27
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02
Management
Reports
28 PT BANK CIMB NIAGA TBK 2025 Annual Report
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The Board of Commissioners 30
Report
The Board of Directors Report 42
The Sharia Supervisory Board 60
Report
Annual Report 64
Responsibility Statement
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The Board of Commissioners Report
Didi Syafruddin Yahya
President Commissioner
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Guided by our purpose, Advancing Customers and Society, and the
consistent application of Simpler, Better, Faster (SBF) principles, CIMB
Niaga has enhanced service quality, operational efficiency, and customer
responsiveness. With a balanced focus on growth, asset quality, and strong
capital and liquidity, the Bank is well positioned for sustainable growth and
long-term value creation.
Dear Shareholders and Valued Stakeholders, Economic Outlook, the International Monetary Fund (IMF)
forecast global expansion of 3.3% in 2025, consistent
The year 2025 marked a defining chapter for CIMB Niaga with the rate recorded in 2024. This projection reflects
as we enhanced business resilience while progressing our expected economic growth of approximately 1.7% in
long-term transformation agenda in response to evolving developed countries and 4.4% in emerging markets
economic dynamics and heightened competition within and developing economies. Inflation was anticipated
the banking industry. We are confident that CIMB Niaga to continue its downward trajectory globally, albeit at
sustained healthy growth momentum, underpinned differing speeds across jurisdictions, with related risks
by a strengthened deposit base, solid intermediation assessed as contained and manageable.
performance, and prudent management of asset quality
and operational efficiency. These results demonstrate the Bank Indonesia, in its Indonesian Economic Report,
Bank’s capacity to adapt with agility to shifting customer observed that global conditions in 2025 remained
needs and market developments, while preserving a marked by significant uncertainty. Persistent geopolitical
strong capital foundation. tensions in Eastern Europe and the Middle East, coupled
with the trajectory of U.S. economic policy under
Throughout 2025, we oversaw the Board of Director’s President Trump, could influence the stability of global
commitment to executing the Forward30 strategy, financial markets and the flow of international capital.
anchored in the purpose of “Advancing Customers and In this situation, Bank Indonesia forecasted global
Society” and guided by the operating principles of being economic growth in 2025 at around 3.3%, largely stable
Simpler, Better, and Faster. A comprehensive set of digital relative to 2024, while growth disparities across countries
transformation initiatives, strengthened organizational were expected to continue, reflecting the impact of U.S.
capabilities, and the implementation of Good Corporate reciprocal tariffs and heightened geopolitical risks.
Governance and prudent risk management have served
as key drivers in preserving the Bank’s sustainable Indonesia’s economy achieved stronger growth, driven
performance. On this basis, we remain confident that by the policy measures enacted by the Government
CIMB Niaga is strongly positioned to continue delivering and Bank Indonesia. In the fourth quarter of 2025,
long-term value to shareholders and stakeholders, while economic expansion reached 5.39% (yoy), up from 5.04%
contributing meaningfully to the resilience and growth of (yoy) in the preceding quarter, primarily propelled by
the national economy. domestic demand through household consumption
and investment, reflecting the favorable effects of
MACROECONOMIC REVIEW FOR 2025 Government stimulus and Bank Indonesia’s policy
Global economic growth in 2025 was projected to remain framework. For the full year, economic growth stood
in a phase of moderation, while maintaining relative at 5.11% (yoy), surpassing the 5.03% (yoy) recorded in
stability compared with the previous year. In its World 2024, accompanied by improvements in labor quality.
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This upward trajectory is expected to persist into the first Indonesia’s measures to reduce interest rates and
quarter of 2026, with household consumption supported support the Macroprudential Liquidity Incentive (KLM)
by Government stimulus programs, accommodative policy, alongside the Government’s implementation of
monetary policy, rising consumer confidence, and priority programs, all within a stable macroeconomic
heightened economic activity during major National and financial environment. On the supply side, banks
Religious Holidays, including Lunar New Year, Nyepi, and maintained sufficient lending capacity, supported by a
Eid al-Fitr 1447 H. Liquidity Coverage Ratio relative to Third-Party Funds
(AL/DPK) of 28.57% and a robust 13.83% (yoy) growth
Investment is expected to grow at an accelerated in deposits as of December 2025. Banks’ willingness to
pace, driven by Government initiatives, including extend loan also improved, as indicated by increasingly
the downstream development of natural resources, relaxed lending requirements, except in the consumer
alongside the ongoing strengthening of business and MSME segments, where credit risk remains elevated.
confidence. Bank Indonesia projects economic growth
in 2026 to reach 4.9–5.7% (yoy), reflecting the combined The financial system remained highly resilient, supported
effects of Government policies and Bank Indonesia’s by ample banking liquidity, robust capital positions, and
measures aimed at stimulating sustainable economic low credit risk. As of December 2025, banks’ Capital
expansion. Adequacy Ratio (CAR) reached 24.83%, providing
a substantial buffer to absorb potential risks while
As of 18 February 2026, the Indonesian Rupiah stood at sustaining loan expansion. Aggregate Non-Performing
Rp16,880 per US dollar, representing a 0.56% (ptp) decline Loan (NPL) ratios remained low at 2.05% gross and 0.79%
from its end-January 2026 level. This depreciation was net, reflecting prudent credit management. Results from
mainly influenced by heightened uncertainty in global Bank Indonesia’s stress tests further demonstrate the
financial markets, alongside rising domestic corporate banking sector’s strong resilience against various risks,
demand for foreign currency amid expanding economic underpinned by sustained corporate repayment capacity
activity. Bank Indonesia views the Rupiah as undervalued and profitability.
relative to Indonesia’s economic fundamentals, reflecting,
in part, the central bank’s consistent achievement in Economic and digital financial transactions maintained
maintaining inflation within the targeted range of 2.5% strong growth in Q4 2025, supported by a secure,
±1% for 2026 and 2027. seamless, and reliable payment infrastructure. Digital
payment volumes reached 14.26 billion transactions,
To date, the cumulative 125-basis-point reduction in representing a 39.21% increase (yoy), fueled by wider
the BI-Rate over 2025, together with Bank Indonesia’s acceptance of digital payments. Transactions via
expansion of monetary liquidity, has driven a decline mobile and internet applications rose 12.10% (yoy)
across multiple interest rates. The INDONIA rate has and 15.10% (yoy), respectively, while QRIS transactions
dropped 211 basis points since the start of 2025, reaching recorded robust growth of 139.99% (yoy), underpinned
3.92% as of 18 February 2026. Concurrently, SRBI rates by increasing users and merchant participation. On the
for tenors of 6, 9, and 12 months have declined by 225, infrastructure side, retail transactions processed through
227, and 223 basis points, respectively, since early 2025, BI-FAST totaled 1,358.65 million, up 30.44% (yoy), with a
reaching 4.91%, 4.93%, and 5.04% as of 13 February 2026. transaction value of Rp3,442.26 trillion. Simultaneously,
high-value transactions processed via BI-RTGS reached
The money supply continued to expand strongly, 2.88 million, marking a 3.82% increase (yoy), with a
reflecting Bank Indonesia’s policy to optimize the transaction value of Rp65,069.78 trillion. In Rupiah
effectiveness of monetary liquidity expansion in currency management, Currency in Circulation (CIC)
supporting economic growth. M0 growth remained expanded 12.90% (yoy) to Rp1,359.94 trillion during the
high in January 2026 at 11.0% (yoy), showing relative Q4 2025 period.
stability compared with December 2025’s growth of
11.4% (yoy). This sustained M0 expansion was driven ASSESSMENT OF THE BOARD OF DIRECTORS’
by increased government financial operations in line PERFORMANCE
with fiscal stimulus and broader monetary measures. In navigating the challenges and macroeconomic
Meanwhile, the accelerated growth of M2 was supported dynamics of 2025, the Board of Commissioners finds
by both Government financial activity and the increased that the Board of Directors has managed operations
disbursement of loan. effectively and efficiently, demonstrating leadership in
sustaining operational stability, strengthening business
In 2025, bank lending expanded by 9.69% (yoy). By resilience, and ensuring that all strategic initiatives
category, investment loans grew 21.06% (yoy), working adhere to the principles of prudence, Good Corporate
capital loans increased 4.52% (yoy), and consumer Governance, and regulatory compliance.
loans rose 6.58% (yoy). These results reflect Bank
32 PT BANK CIMB NIAGA TBK 2025 Annual Report
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Throughout 2025, the Board of Commissioners noted Overall, the Board of Commissioners views CIMB Niaga’s
that CIMB Niaga achieved a series of substantial 2025 performance as demonstrating the Bank’s ability to
performance milestones, spanning both financial and balance business growth with prudent risk management,
non-financial areas. These results highlight the Bank’s operational efficiency, and strengthened financial
ability to maintain strong growth momentum, implement fundamentals. With a progressively stronger foundation,
disciplined risk management, elevate service standards, the Bank is well positioned to execute its long-term
and drive digital transformation initiatives that closely strategy and deliver sustainable value to all stakeholders
align with evolving customer expectations.
RESULTS OF SUPERVISION OF POLICIES AND
The Board of Commissioners views 2025 as a defining MANAGEMENT BY THE BOARD OF DIRECTORS
milestone in CIMB Niaga’s long-term transformation, Throughout 2025, the Board of Commissioners actively
highlighted by the launch of the Forward30 strategy performed rigorous oversight of the Bank’s strategic
for 2025–2030, building on the achievements of 5-Pillar policies and the execution of management duties by the
Strategy (Forward23+). The strategy has been executed Board of Directors, both through formal meetings and
with clear focus across four strategic pillars (the 4Cs), continuous communication and coordination outside of
delivering measurable contributions to fortifying the meetings. This oversight ensured that all management
Bank’s long-term foundation and ensuring a growth decisions and actions aligned with the Bank’s strategic
trajectory that is more focused, adaptive, and sustainable. objectives, upheld prudent principles, complied with
regulatory standards, and demonstrated an unwavering
Guided by our purpose, Advancing Customers and commitment to GCG and sustainability aspects.
Society, and the consistent application of Simpler,
Better, Faster (SBF) principles, CIMB Niaga has enhanced In practice, the Board of Commissioners holds monthly
service quality, operational efficiency, and customer internal meetings and quarterly joint meetings with the
responsiveness. With a balanced focus on growth, asset Board of Directors to assess performance trends, industry
quality, and strong capital and liquidity, the Bank is well developments, risk exposures, and progress on the
positioned for sustainable growth and long-term value Bank’s transformation initiatives. These forums allow the
creation. Board of Commissioners to offer directions, actionable
insights, and strategic recommendations, supporting
From a funding standpoint, customer deposits rose the Board of Directors in addressing challenges and
by 3.8% (yoy), supported by a robust CASA growth of maximizing growth opportunities.
10.11%. This progress elevated the CASA ratio from
66.02% in December 2024 to 70.03% in December 2025, Based on its supervisory activities, we conclude that
highlighting the Bank’s effective implementation of its the Board of Directors has effectively fulfilled its
strategy to sustainably expand its low-cost deposit base. management responsibilities, as demonstrated by CIMB
Niaga’s sustained solid performance, strengthened
On the lending side, CIMB Niaga recorded loan growth business foundations, and disciplined progression of
of 4.52% (yoy), bringing the total portfolio to Rp238.3 strategic transformation amidst the economic volatility
trillion. This performance was driven by the Corporate and competitive pressures within the banking industry
segment, which grew 6.72%, followed by the Consumer throughout 2025.
segment at 3.41%, Emerging Business Banking (EBB) at
1.99%, and the Commercial segment at 3.15%. Consistent RESULTS OF SUPERVISION OF BANK
with its prudent expansion approach, the Bank sustained STRATEGY IMPLEMENTATION
solid asset quality, with the NPL ratio remaining well- In 2025, the Board of Commissioners maintained
controlled at 1.81%. active oversight of the Bank’s strategic implementation
through regular meetings, collaborative engagements
Furthermore, the Bank sustained high operational with the Board of Directors, and thorough evaluations
efficiency, reflected in a Cost to Income Ratio (CIR) of of management reports submitted for review. This
45.92%. Its stability is further demonstrated by a solid oversight was further strengthened by the insights
capital position, with an average capital adequacy ratio and monitoring provided by the Board’s committees,
(CAR) consistently above 24% throughout 2025. complemented by other formal communication channels,
offering a comprehensive perspective on performance
developments, the effectiveness of strategic initiatives,
and the Bank’s evolving risk landscape.
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In fulfilling our oversight responsibilities, we ensure VIEWS ON THE BANK’S BUSINESS PROSPECTS
that all strategic initiatives undertaken by the Board PREPARED BY THE BOARD OF DIRECTORS
of Directors are fully aligned with the Company’s long- The Board of Commissioners affirms that CIMB Niaga’s
term growth objectives, risk profile, and regulatory business prospects, as set out in the Corporate Plan, Bank
obligations. The Board’s supervisory mandate focuses Business Plan (RBB), and 2024–2028 Sustainable Finance
on achieving business targets, strengthening revenue Action Plan (RAKB), have been prepared with prudence
streams, preserving portfolio quality, and rigorously and strategic foresight. These strategic directions reflect
maintaining Good Corporate Governance and risk a comprehensive assessment of critical factors, including
management practices in a dynamic and competitive growth opportunities, external challenges, evolving
industry landscape. customer behavior, and the need to strengthen the
Bank’s long-term foundation.
Following a thorough evaluation, we affirm that the
Board of Directors has executed the Bank’s strategic The Board of Commissioners recognizes that the
initiatives with effectiveness, including achieving notable business strategy presented by the Board of Directors
revenue growth through targeted loan expansion, reflects a strong commitment to harnessing digitalization
optimized investment strategies, and the enhancement opportunities by advancing technology, data, and
of fee-based income streams. These accomplishments service innovation capabilities, while strengthening
were realized while upholding a steadfast commitment relationships with customers across key market
to prudent risk management, ensuring a sustainable segments. Concurrently, the Board of Directors places
balance between growth and asset quality. risk management, internal controls, and prudent
governance at the core of every business decision in the
Within the framework of the Forward30 strategy, face of evolving economic challenges.
the Board of Commissioners acknowledges that the
Bank has progressively strengthened its commitment The Board of Commissioners anticipates that the global
to addressing customer needs in a comprehensive macroeconomic environment in 2026 will continue
manner—spanning employees, business clients, the to exhibit significant uncertainty, yet it is expected to
Shariah segment, and fully integrated banking services. present opportunities for more stable growth relative to
Underpinned by the purpose of “Advancing Customers previous periods. Global economic expansion will remain
and Society,” Forward30 has firmly positioned customers influenced by the lingering effects of U.S. import tariff
at the heart of all product development, service policies and vulnerabilities in international supply chains,
initiatives, and operational enhancements. The Board of even as the U.S. economy benefits from technology-
Commissioners views the implementation of this strategy driven investment—particularly in Artificial Intelligence
as a critical step in strengthening CIMB Niaga’s stature (AI)—and supportive fiscal measures, including tax
as an adaptive, value-driven institution that is capable of reductions. Gradual improvements in global liquidity,
fostering more meaningful, long-term relationships with together with easing inflationary pressures across key
both its customers and society at large. regions, are expected to reduce volatility in costs of
funds. Meanwhile, concurrent shifts in monetary policy
The Board of Commissioners further notes that the among developed countries are also projected to create
implementation of Forward30 has been comprehensively conditions for more stable capital flows toward emerging
aligned with the Bank’s strategic agenda, operationalized markets. Against this backdrop, CIMB Niaga is committed
through four priorities (the 4Cs)—Capital, Cash/CASA, to maintaining agility in navigating international market
Cross-Selling, and Capability. These priorities constitute dynamics, while strategically capitalizing on periods of
a vital foundation for strengthening business resilience, lower costs of funds to reinforce its capital structure and
enhancing the quality of service, and fostering the pursue prudent expansion.
sustainable creation of value for our customers and all
stakeholders. At the domestic level, Indonesia’s sustained positive
economic growth provides a solid foundation for
All strategic initiatives have been executed under the measured optimism in loan demand for 2026, particularly
guiding principle of Simpler, Better, Faster (SBF), which across corporate, banking transaction, and MSME
has served as a main driver in advancing service quality, segments. At the same time, pressures on household
operational efficiency, and the Bank’s competitiveness in purchasing power and sector-specific uncertainties
an increasingly dynamic industry landscape. Anchored require disciplined risk management in both consumer
by a well-defined strategic framework and disciplined and MSME segments. We emphasize that strategies
execution, the Board of Commissioners remains to strengthen fee-based income, expand CASA, and
confident that CIMB Niaga is strongly positioned to exercise selectivity in loan allocation will be critical
deliver sustainable and robust growth, creating enduring to preserving margins and maintaining asset quality.
value for all stakeholders. Therefore, pricing policies, lending limits, and portfolio
34 PT BANK CIMB NIAGA TBK 2025 Annual Report
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oversight are applied with rigor, while portfolio dynamics These initiatives reflect CIMB Niaga’s strategic focus on
are proactively monitored to mitigate emerging risks. expanding its sustainable finance portfolio, achieving
a significant milestone by maintaining sustainable
We recognize significant strategic opportunities in financing at 25% of total lending by year-end 2025.
accelerating digital transformation and utilizing data
analytics and AI to enhance both customer experience Throughout 2025, the Board of Commissioners noted
and operational efficiency. However, the digital the Bank’s successful completion and submission of
capabilities advancement must be carefully balanced with its climate risk analysis through the Climate Risk &
strong IT governance and reinforced cyber-resilience. Management Scenario Analysis (CRMS) to the OJK,
Our oversight will remain focused on maintaining covering emissions across the Bank’s entire financing
security controls, safeguarding data privacy, and portfolio. Following the release of the Indonesia
ensuring readiness for incident response. Furthermore, Sustainable Finance Taxonomy (TKBI) version 2 by OJK,
strengthening the CIMB Group’s regional ecosystem is the Bank has initiated the identification of financing
anticipated to unlock growth, particularly in cross-border activities in alignment with TKBI criteria. In parallel, CIMB
transaction banking. In this context, we urge the Board of Niaga, in coordination with the CIMB Group, continues
Directors to fully leverage group synergies while adhering to monitor its portfolio and conduct comprehensive
to prudent risk management principles. analyses of customers’ physical emission intensity across
five priority sectors and monitoring financing portfolio
We mandate that the Board of Directors remain proactive on one priority sector. Results indicate that over 50%,
in anticipating risks stemming from political, economic, or four of the six monitored sectors, remain below
and global financial market developments. This will the reference pathway scenario. CIMB Niaga has also
be achieved through the implementation of robust strengthened its sustainable governance framework
risk management, the strengthening of our business through the issuance of key policies, including the
portfolio, and the strategic expansion of product Sustainable Finance Framework, Climate-Related
and service offerings in ensuring both stability and Disclosure Framework, Climate Risk Management Policy,
sustainable growth. Supported by the vigilant oversight Sustainable Procurement Procedure, and Sustainability
of the Board of Commissioners, CIMB Niaga is well- Communication Procedure.
positioned to uphold resilience and continue delivering
long-term value to our stakeholders in 2026. The Board of Commissioners commends CIMB Niaga
for its Social and Environmental Responsibility (TJSL)
SUSTAINABLE FINANCE programs. The Bank has consistently demonstrated
The Board of Commissioners expresses its appreciation its commitment to improving the quality of education,
to the Board of Directors for their steadfast and forward- public health, and promoting inclusive empowerment
looking commitment to embedding sustainable finance and environmental stewardship. In 2025, key
principles and advancing the Environmental, Social, and achievements include the implementation of financial
Governance (ESG) agenda throughout 2025. This dedication literacy initiatives such as Ayo Menabung dan Berbagi
is reflected in a series of strategically executed initiatives, (AMDB) and Tour de Bank (TDB), alongside the launch of
notably the efforts to reduce Greenhouse Gas (GHG) student savings accounts (SimPel). The Bank continues to
emissions through the adoption of renewable energy and provide scholarships for students throughout Indonesia
the strategic use of Renewable Energy Certificates (RECs). and the wider ASEAN region. In the healthcare sector,
These measures have been instrumental in supporting CIMB Niaga has supported Government programs for
the Company’s achievement of its Scope 1 and 2 GHG early malnutrition detection in East Nusa Tenggara
emissions reduction targets for the year 2025. and conducted relief initiatives for disaster-affected
communities. On inclusive empowerment, the Bank has
In 2025, in line with its steadfast commitment to successfully executed its Community Link programs—
sustainable business practices, CIMB Niaga launched #JadiBerkelanjutan, #JadiNyata, and #JadiPeduli—while
a series of innovative initiatives. These include providing entrepreneurship training for people with
GreenBizReady (GBR), a collaborative platform that disabilities, and interest-free financing to micro, small,
empowers business banking customers to facilitate and and medium enterprises (MSMEs), in Eastern Indonesia.
accelerate their transition toward greener and more In environmental stewardship, CIMB Niaga actively
sustainable operations, and Sustainability-Linked FX & promotes sustainable bamboo planting and develops eco-
Derivatives solutions. Furthermore, CIMB Niaga also educational tourism areas, reinforcing its commitment
introduced Perempuan Berkarya, a strategic partnership to preserving natural resources. We also highlight the
with the United Nations Environment Programme Bank’s internal Employee Volunteer Program, which has
(UNEP) and United Nations Entity for Gender Equality mobilized #teamCIMBNiaga to engage in meaningful
and the Empowerment of Women (UN Women) that aims voluntary activities that generate tangible impact across
to facilitate sustainable financing for SMEs that meet the nation.
both gender inclusion and sustainable energy criteria.
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This year, CIMB Niaga introduced the Yellow Belt The internalization of these values forms the cornerstone
Sustainability Training program for non-retail frontliners of a conducive and productive work environment,
across business units and branches, aimed at improving grounded in unwavering commitment to compliance,
sustainability awareness, functional capabilities, and ethical standards, and Good Corporate Governance. By
equipping frontliners and sustainability champions with fostering this culture, every employee develops a thorough
the technical skills necessary to drive sustainable finance understanding of their roles and responsibilities and is
initiatives and advance our commitment to achieving net inspired to contribute at their highest potential, thereby
zero emissions (NZE) by 2050. We also commend the driving the Bank’s performance and the sustainable
successful execution of over 170 events under The Cooler attainment of its strategic objectives.
Earth Series, spanning more than 40 cities and engaging
media, community groups, students, and employees. As part of its supervisory function, the Board of
Commissioners actively monitors the effectiveness of
Overall, the Board of Commissioners affirms that the Bank’s HC development initiatives, urging the Board
the Bank has implemented sustainable finance and of Directors to consistently implement innovative,
ESG practices throughout the 2025 fiscal year, in full measurable, and strategically aligned training programs
compliance with applicable laws and regulations and in that enhance employee capabilities while aligning with
alignment with the Bank’s strategic objectives. We remain business needs and industry dynamics. We further
committed to exercising rigorous oversight to ensure the underscore the importance of career development
effective execution of all sustainability initiatives, thereby pathways, transparent recognition systems, and
contributing to Indonesia’s transition to a low-carbon objective performance evaluation mechanisms, ensuring
economy, supporting Indonesia’s Second Nationally that every employee is empowered to grow, excel, and
Determined Contribution (SNDC), advancing Indonesia contribute sustainably to the Bank’s long-term success.
Net Zero 2060 target, and achieving of the Sustainable
Development Goals (SDGs). Through the support and oversight of the Board of
Commissioners, the Bank’s human capital development
HUMAN CAPITAL is expected to produce outstanding talents who are
As a strategic pillar in advancing CIMB Niaga’s vision, adaptive, competitive, and uphold strong integrity. Our
mission, and purpose—Advancing Customers & talent is not only equipped with robust technical expertise
Society—the Board of Commissioners affirms that the but also with leadership insight, innovative capacity, and
development of Human Capital (HC) is key factor to the agility to navigate an evolving banking landscape and
sustaining growth and strengthening our competitive the increasingly dynamic customer needs. Anchored by
advantage. Guided by the #WorkFromHeart ethos, CIMB this strong human capital foundation, the Bank is well-
Niaga remains committed to empowering customers positioned to address future challenges, elevate service
and the broader Indonesian community to achieve quality, and deliver sustainable value to all stakeholders.
their aspirations by delivering value through service
experiences that are Simpler, Better, Faster (SBF). This INFORMATION TECHNOLOGY
commitment is actualized by cultivating adaptive and In fulfilling its supervisory and strategic functions, the
innovative leadership, fostering technology-driven skills Board of Commissioners fully supports the Board of
development, providing transparent career progression, Directors’ proactive acceleration of digital transformation,
and implementing structured training programs, including the implementation of Artificial Intelligence (AI)
ensuring the organization is fully equipped to navigate a and the advancement of data analytics capabilities. We
dynamic and evolving business landscape. regard this initiative as a strategic priority for the Bank,
reinforcing our business relevance, strengthening our
In fulfilling its supervisory function, the Board of competitive positioning, and securing the sustainable
Commissioners emphasizes that HC development must growth of CIMB Niaga in an increasingly dynamic and
remain closely aligned with the evolving economic evolving banking landscape.
landscape and banking sector. We fully support the Board
of Directors’ implementation of the Forward30 strategy, The Board of Commissioners affirms that the Bank’s
underpinned by the Company’s EPICC values—Enabling digital transformation is advancing along a promising
Talent, Passion, Integrity & Accountability, Collaboration, trajectory, reflected in improved operational efficiency,
and Customer Centricity—ensuring these principles are streamlined processes, and more robust, integrated risk
consistently reflected in behaviors, work patterns, and management. The application of technology has not only
organizational culture. Thus, the enhancement of CIMB enhanced customer service quality but also cultivated an
Niaga’s human capital is in alignment with the imperatives organization that is agile, adaptive, and well-positioned
of ongoing transformation, while simultaneously to respond proactively to evolving market dynamics.
fortifying an organizational foundation that is adaptive,
integrity-driven, and firmly customer-centric.
36 PT BANK CIMB NIAGA TBK 2025 Annual Report
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The Board of Commissioners remains committed to its VIEW ON THE WHISTLEBLOWING AND ANTI-
oversight responsibilities, consistently striking a balance CORRUPTION REPORTING SYSTEM
between driving innovation and upholding prudent risk In fulfilling its supervisory role, the Board of
management. Through this approach, we are confident Commissioners emphasizes that cultivating a robust
that CIMB Niaga’s strategic investments in technology culture of integrity and compliance is fundamental
and digital development will continue to generate to sustaining the Bank’s sustainable operations and
sustainable, positive, and responsible value for all preserving stakeholders’ trust. Amid the complexities of
stakeholders of the Bank. the financial services industry and rising expectations
for transparent governance, the implementation of a
VIEW ON THE IMPLEMENTATION OF BANK credible reporting mechanism serves as an essential
GOVERNANCE instrument to ensure that any potential breaches are
The Board of Commissioners views that the Board promptly identified and addressed with accuracy and
of Directors has consistently upheld and effectively effectiveness.
implemented the principles of Good Corporate
Governance (GCG) in steering the Bank’s operations. This In line with our commitment, CIMB Niaga has established
evaluation reflects the rigorous oversight exercised by the a Whistleblowing System (WBS) as the official channel for
Board of Commissioners, supported by its committees, internal and external stakeholders to report suspected
in monitoring GCG adherence throughout 2025. The breaches of GCG, ethical standards, and relevant
Bank’s steadfast commitment to GCG implementation policies and procedures. All reports submitted through
that goes beyond compliance has not only strengthened the WBS must be made in good faith and supported by
operational excellence and performance outcomes verifiable evidence, data, or information, ensuring the
but also strengthened stakeholder trust and public Bank’s integrity, accountability, and protection of its best
confidence in CIMB Niaga. interests.
At CIMB Niaga, our commitment to Good Corporate As part of our commitment to integrity and the trust
Governance (GCG) is firmly based on four pillars— of our stakeholders, CIMB Niaga manages its WBS
governance commitment, governance structure, through an independent and professional third party,
governance process, and governance outcome. Together, PT DC Solutions. This arrangement provides a secure
these pillars constitute an integrated foundation that and impartial channel, with dedicated personnel to
underpins disciplined decision-making, drives effective receive reports, relay them to the Bank, and facilitate
strategy execution, and ensures robust risk management, communication with the reporter as needed. By
ultimately safeguarding sustainable long-term value ensuring independent oversight, the WBS fosters a safe
creation for all our stakeholders. environment for reporting suspected fraud or breaches of
the Code of Conduct, reinforcing stakeholder confidence
The Bank’s commitment to strong governance was that each concern will be addressed with transparency,
consistently affirmed throughout 2025, as reflected in the diligence, and full compliance with applicable regulations.
numerous external recognitions we received. CIMB Niaga
received several prestigious awards, including the Top 50 The Board of Commissioners remains actively engaged
ASEAN Public Listed Companies (PLCs), the Top 5 ranking in the implementation and oversight of the Bank’s
in Indonesia & ASEAN Asset Class at the ASEAN Corporate Whistleblowing System, underscoring its unwavering
Governance Conference & Awards 2025, inclusion in the commitment to integrity and ethical governance.
Top 50 GCG for Big Capitalization PLCs in Indonesia, and This dedication is exemplified by the signing of an
the Leadership in Corporate Governance from the 16th Integrity Pact, affirming the Board’s steadfast support
IICD Award, alongside various other awards. for fraud prevention and adherence to the Bank’s
code of ethics. Moreover, the Board of Commissioners
The Board of Commissioners views this recognition actively encourages the use of the WBS as a formal
as a testament to CIMB Niaga’s commitment to good channel for reporting any suspected fraud or ethical
corporate governance and the effective execution of its breaches, thereby reinforcing a culture of accountability,
sustainability strategy, positioning the Bank to deliver transparency, and sustainable corporate governance.
added value to both the business and its stakeholders.
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The Board of Commissioners diligently reviews quarterly aligned with the Bank’s strategic direction, prudential
reports from the Anti-Fraud Management (AFM) Unit, principles, and Good Corporate Governance. This
the coordinator of the Whistleblowing System (WBS), oversight is exercised through continuous monitoring,
presented via the Audit Committee. These reports complemented by the provision of constructive guidance
contains a summary of fraud prevention measures that and advice, thereby enabling the Board of Directors to
have been implemented by the Bank, a detailed account make well-grounded strategic decisions while maintaining
of complaints received, investigation progress, case the Bank’s sustainable performance.
outcomes (substantiated or unsubstantiated), sanctions
imposed on employees found responsible for fraud or The provision of advice and recommendations to the
violations, and the Bank’s subsequent actions. Drawing Board of Directors is undertaken through structured
from these insights, the Board of Commissioners provides formal forums designed to foster effective and
strategic guidance and recommendations, particularly substantive two-way dialogue. These forums comprise
on matters of material significance, to reinforce internal meetings of the Board of Commissioners, joint meetings
controls and uphold a governance framework rooted in with committees under the Board of Commissioners,
integrity and accountability. working visits conducted by the Board of Commissioners,
and Joint Meetings involving the Board of Commissioners,
Furthermore, in reinforcing a strong culture of integrity, the Sharia Supervisory Board, and the Board of Directors.
CIMB Niaga rigorously upholds anti-bribery and anti- Through these mechanisms, we articulate strategic
corruption standards across all levels of the organization. guidance, evaluate policy implementation, and ensure
This commitment is embodied in the Anti-Bribery and that the Bank’s responses to industry developments and
Anti-Corruption Policy No. M.11 and the Anti-Bribery emerging risk dynamics remain timely and measured.
Management System Policy No. M.14, which provide the
Bank’s definitive framework for preventing, detecting, For the period from 1 January to 31 December 2025,
and addressing potential violations. By making these the Board of Commissioners convened 8 (eight) internal
policies publicly available on CIMB Niaga’s website, we meetings. In addition, the Board of Commissioners
reaffirm our dedication to transparency, accountability, conducted 4 (four) joint meetings with the Board of
and governance with integrity. Directors as a formal forum for coordination and
evaluation, reviewing the Bank’s performance and
Beyond reflecting the Bank’s commitment, these strategic priorities, and held 3 (three) meetings with
two policies establish guidance to all CIMB Niaga the Sharia Supervisory Board to ensure the consistent
personnel—including the Board of Commissioners, the implementation of Sharia principles and the effective
Sharia Supervisory Board, and the Board of Directors— integration of governance practices across the Bank.
in identifying, preventing, reporting, and addressing
potential acts of bribery and corruption. Through Through sustained communication and continuous
disciplined and consistent implementation, the Bank strategic direction, the Board of Commissioners is
strengthens a culture of ethical and transparent business confident that it has discharged its supervisory and
conduct, mitigates legal and financial risks, protects its advisory responsibilities to the Board of Directors
reputation, and preserves the trust of customers and effectively, thereby strengthening the quality and integrity
stakeholders. of management decision-making in advancing the Bank’s
sound, prudent, and sustainable growth trajectory.
The implementation of this anti-bribery and anti-
corruption framework remains fundamental to PERFORMANCE ASSESSMENT OF COMMITTEES
safeguarding the Bank’s reputation and reinforcing UNDER THE BOARD OF COMMISSIONERS
the trust of shareholders, stakeholders, and the In the execution of its duties and responsibilities, the Board
broader public. In 2025, this commitment was further of Commissioners is supported by committees operating
demonstrated by CIMB Niaga’s successful retention under its oversight, namely the Audit Committee, the Risk
of the ISO SNI 37001:2016 Anti-Bribery Management Oversight Committee, the Nomination and Remuneration
System certification for the SPAPM work unit, reflecting Committee, and the Integrated Governance Committee.
the continued robustness, effectiveness, and integrity of Underpinned by the competence and experience of
the Bank’s anti-bribery control environment. their respective members, these committees represent
a fundamental pillar in reinforcing the effectiveness of
FREQUENCY AND MECHANISM OF PROVIDING GCG, enhancing the quality of supervision, and enabling
ADVICE TO THE BOARD OF DIRECTORS the Board of Commissioners to discharge its duties and
In discharging its supervisory role as mandated by the responsibilities optimally.
Articles of Association, the Board of Commissioners
Charter of CIMB Niaga, and prevailing laws and regulations, Overall, the Board of Commissioners concludes that the
the Board of Commissioners ensures that the policies and committees effectively fulfilled their duties in supporting
actions undertaken by the Board of Directors remain fully the Board’s supervisory function throughout 2025, in
38 PT BANK CIMB NIAGA TBK 2025 Annual Report
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accordance with their respective charters and applicable within the CIMB Indonesia Financial Conglomeration. The
regulations. This conclusion is based on a comprehensive Committee ensures that Good Corporate Governance
evaluation covering collective and individual performance, practices within each entity are executed in strict
including that of each Committee Chairman, as well as alignment with the Integrated Governance Guidelines,
the effectiveness of duty implementation during the thereby maintaining the consistent and comprehensive
year. The assessment encompassed the adequacy of application of GCG principles across the Group.
structure and composition, member competency and
attendance, achievement of work programs, and the Through the strong support and contributions of
quality of recommendations provided to strengthen the these Committees, the Board of Commissioners is
Board’s decision-making and strategic oversight. confident that the Bank’s supervisory function in 2025
was carried out more effectively, with greater focus
The Audit Committee has performed its duties and accountability, thereby reinforcing the foundation
effectively in safeguarding the integrity and quality of of Good Corporate Governance as a key pillar of CIMB
the Bank’s financial reporting, assessing the adequacy Niaga’s long-term sustainability.
and effectiveness of the internal control system, and
overseeing the performance of both the internal and CHANGES IN THE COMPOSITION OF THE
external audit functions. The Committee has also played BOARD OF COMMISSIONERS
a pivotal role in ensuring the Bank’s compliance with Throughout 2025, there were no changes to the
prevailing laws and regulations. composition of CIMB Niaga’s Board of Commissioners.
The Risk Monitoring Committee has effectively fulfilled its APPRECIATION AND CLOSING REMARKS
oversight and advisory responsibilities over the Bank’s risk The Board of Commissioners expresses its sincere
management framework, ensuring that policies, procedures, appreciation to the Board of Directors and all CIMB
and methodologies remain robust and responsive to Niaga employees for their unwavering dedication
evolving business dynamics, thereby maintaining the Bank’s and commitment throughout 2025. In a dynamic
risk profile within its defined risk appetite while supporting and competitive banking environment, CIMB Niaga
sustainable performance objectives. demonstrated resilient performance, progressed its
Forward30 transformation strategy, and consistently
The Nomination and Remuneration Committee has strengthened service excellence alongside practicing
duly fulfilled its role by providing recommendations on Good Corporate Governance. These accomplishments
nomination and remuneration policies for members of underscore the strong collaboration among management,
the Board of Commissioners, the Sharia Supervisory employees, and stakeholders in advancing CIMB Niaga’s
Board, the Board of Directors, and committees under vision of delivering enduring long-term value.
the Board of Commissioners. The Committee also
ensured that the overall employee remuneration In closing, we extend our sincere appreciation to our
framework remains aligned with prudential principles, customers, shareholders, regulators, business partners,
long-term performance objectives, and Good Corporate and all stakeholders for their trust and support of CIMB
Governance practices, while providing recommendations Niaga. Going forward, the Board of Commissioners
on the nomination and/or appointment of members of will continue to exercise its oversight and advisory
the Board of Commissioners, the Board of Directors, and responsibilities with rigor, ensuring the Bank maintains
Independent Parties within the Bank and its subsidiaries. a course of prudent and sustainable growth. With
a strengthened foundation and a steadfast spirit of
Meanwhile, the Integrated Governance Committee collaboration, we remain confident that CIMB Niaga
oversees the effective implementation of integrated will persist in delivering significant contributions to
governance across all Financial Services Institutions Indonesia’s economy and society.
17 March 2026
Didi Syafruddin Yahya
President Commissioner
PT BANK CIMB NIAGA TBK 2025 Annual Report 39
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The Board of Commissioners
Vera Handajani
Dody Budi Waluyo Commissioner
Independent Commissioner
Farina J. Situmorang
Independent Commissioner Didi Syafruddin Yahya
President Commissioner
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Glenn M. S. Yusuf Novan Amirudin
Vice President Commissioner (Independent) Commissioner
Sri Widowati
Independent Commissioner
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The Board of Directors Report
Lani Darmawan
President Director
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Forward30 sets CIMB Niaga’s strategic direction for 2025–
2030, strengthening competitiveness and market leadership.
Anchored in our purpose of Advancing Customers and Society, it
focuses on the 4Cs—Capital, Cash, Cross-sell, and Capabilities—
to drive sustainable growth and shareholder value.
Dear Shareholders and Stakeholders, not only reflected in performance, but also in the real
contributions that we can continue to deliver to the
Throughout fiscal year 2025, we navigated a period Indonesian community and economy.
marked by significant external challenges that required
us to remain resilient, vigilant, and adaptable amid rapidly The Bank has further strengthened its approach by
evolving global and domestic economic conditions. maintaining disciplined growth while placing prudential
Several hindering factors shaped the Bank’s journey, principles at the forefront, particularly in extending loan
including continued pressure on consumer purchasing to sector whose risk profiles have been carefully managed.
power, shifting customer expectations, and intensifying This approach aims to preserve the quality of our earning
competition across the banking industry. Within this assets while reinforcing the Bank’s resilience over the
dynamic environment, the Board of Directors guided the medium to long term. By maintaining strong fundamentals,
Bank with a focus on balanced growth, strengthened asset fostering synergies across our businesses, and delivering
quality, and disciplined adherence to prudential principles on our sustainability commitments, we believe CIMB Niaga
and strong corporate governance. will continue to build a solid foundation for sustainable
growth and long-term value creation for our shareholders
The year 2025 also marked an important first step in and other stakeholders.
CIMB Niaga’s long‑term transformation with the launch
of the Forward30 strategy, a significant milestone MACROECONOMIC DEVELOPMENTS 2025
that reinforces our long‑standing commitment to a We saw how the global and domestic macroeconomic
customer‑centric business model. Guided by our purpose progressed in a complex dynamics for nearly the entire
of ‘Advancing Customers and Society’ and grounded in year. Rising geopolitical tensions and fragmented global
the Simpler, Better, Faster (SBF) working principle, CIMB trade, including the US high tariff imposition and the
Niaga continued to strengthen its digital foundation, looming risk of a trade war, added to the volatility in
enhance service quality, and build an organization that is financial markets and disrupted international supply
increasingly agile, future‑ready, and relevant to evolving chains, leading a condition that could reduce demand for
customer needs. Indonesian exports, either directly or indirectly, especially
as some of its key trading partners suffered a decline
Consistent with the transformation, we’ve always made in growth. The deceleration of the Chinese economy,
the #WorkFromHeart ethos the very foundation of our particularly within the property sector, posed a ripple
work culture, through which we execute our business effect on the demand for our commodities, potentially
strategy, serve our clients, and create sustainable value constraining government fiscal space if commodity prices
for all stakeholders. #WorkFromHeart is more than just weakened. Quite the opposite, Indonesia’s current account
a tag line, since it reflects a serious commitment to work balance remained comparatively robust, bolstered by
with sincerity, empathy, and integrity in every decision, as increased demand for goods from the United States in
we continue to offer inclusive and need-based financial anticipation of tariff rises, which temporarily buffers our
solutions to the customers, while ensuring growth is external stability.
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Indonesia’s economic growth remained steady at a we did in this context, as the Board of Directors, was to
moderate pace, with Statistics Indonesia (BPS) reporting keep the Bank’s strategies and policies directed towards
domestic growth of 5.11%, up from 5.03% previously. The creating long-term value for both our shareholders and
recovery in consumption and investment has been slower stakeholders.
than anticipated due to constrained domestic demand
and rising external uncertainties, which have affected We had devised key strategies and policies for 2025, having
business sentiment. In this context, the banking industry weighed prevailing macroeconomic conditions, evolving
finds itself in a relatively stable environment; However, customer needs, and monetary and regulatory policy
we exercise caution, especially as a universal bank like direction. Building on the Forward30 strategic framework
CIMB Niaga caters to diverse segments, from corporates established by the CIMB Group, CIMB Niaga has tailored
to retail and MSMEs. this long-term agenda into strategies specifically relevant
to the Indonesian market in 2025, with due consideration of
The key challenges for both the economy and the banking the unique straits of the domestic economy, the structure
sector in 2025 manifested as a decline in consumer of the national banking industry, and the expectations of
purchasing power, particularly within the middle segment, regulators and stakeholders.
the most crucial component of growth in retail banking.
Consumer savings growth slowed, and demand for retail As a proud member of the CIMB Group, CIMB Niaga doesn’t
financing—especially mortgages—was barely growing, just see Forward30 as a regional corporate plan, but as
even slowing further as MSME and corporate clients a strategic roadmap that should enhance our position
adopted a wait-and-see stance, with most holding off on as a leading national private bank. We are committed
their expansion and investment plans. The beginning of to leveraging our strengths in universal banking, digital
the year saw an increase in liquidity pressure, leading to capabilities, and a robust ASEAN network. The external
higher funding costs, but conditions began to normalize environment of 2025—characterized by global uncertainty,
in the latter half of the year as the market stabilized and geopolitical pressures, the normalization of monetary
liquidity management improved across the sector. policy, and rapid digital technology adoption—provides
the essential context for CIMB Niaga as it formulates an
Looking ahead, we recognize the pivotal role of monetary adaptive yet disciplined strategy.
and fiscal policies in maintaining stability and supporting
growth momentum. We expect Bank Indonesia’s further Following the completion of the 5 Pillars Strategy
measures to maintain prudent policy and focus on keeping execution, which concluded in 2024, CIMB Niaga has
the Rupiah exchange rate stable amid concerns about successfully laid a firmer foundation for more sustainable
potential capital outflows and global uncertainty, while performance and value, as evidenced by an increase in
the government would seem to face a tighter fiscal space, Return on Equity (ROE) from 9.70% in 2019 to 14.34% in
attributable largely to potential declines in commodity 2024. This achievement positions the Bank solidly as we
revenues and growing demand for financing facilities. transition into the next growth phase with a more focused
Nonetheless, Indonesia’s economic structure, driven by strategic direction.
household consumption, serves as a pillar of domestic
resilience, with several sectors—including manufacturing, We must attribute the successful execution of our 5-Pillar
trade, agriculture, transportation, and tourism—projected Strategy to our consistent reallocation and optimization of
to offer stronger growth prospects in 2026. In light of these loan portfolio, particularly within the consumer and SME
conditions, CIMB Niaga will continue to adaptively and segments; stronger funding structure through the growth
selectively direct its strategy, ensuring our fundamental of low-cost funds (CASA); and more disciplined operational
resilience while seizing sustainable growth opportunities efficiency improvements; fostering a risk management
that lie ahead. culture that has positive impacts on asset quality; and
the continued use of information technology to enhance
STRATEGY AND STRATEGIC POLICIES productivity and customer service excellence.
Throughout the 2025 financial year, we directed the Bank’s
management with a strong focus on balanced business As a purpose-driven organization, CIMB Niaga’s business
growth, enhanced asset quality, and Good Corporate strategy is anchored in our core purpose: Advancing
Governance, which entailed prudent risk management. Customers and Society. This purpose serves as the guiding
This year was a period that prompted us to remain highly foundation for our strategic direction and influences our
resilient and adaptable, especially amid intensified global leadership, talent management, and sustainable business
and domestic economic dynamics, with greater pressure growth. Our core values, encapsulated in EPICC (Enabling
on public purchasing power, financial market volatility,
and growing competition in the banking sector. What
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Talent, Passion, Integrity and Accountability, Collaboration, Overall, through Forward30, CIMB Niaga is committed
and Customer-Centricity), underpin every decision-making to delivering a Simpler, Better, Faster experience for
and leadership process across the organization. our customers. Simultaneously, we strive to empower
our employees with more effective, responsive, and
The year 2025 marked a significant milestone for CIMB streamlined work processes. Through these efforts,
Niaga as we transitioned from the 5-Pillar Strategy to our CIMB Niaga aims to create long-term value for our
latest long-term strategy, Forward30 (2025–2030), firmly customers, communities, employees, and shareholders
rooted in our purpose: Advancing Customers and Society. while strengthening the Bank’s tangible contributions to
Through Forward30, CIMB Niaga is setting a more focused Indonesia’s inclusive and sustainable economic growth.
and sustainable growth trajectory with its customer-
centric strategy. We are running the strategy through four The implementation of the four main priorities (4Cs)
key priorities (the 4Cs): Capital, Cash, Cross-Selling, and provides integrated solutions tailored to various customer
Capability. segments—ranging from individual workers with payroll
and personal financing needs to entrepreneurs seeking
Capital, which is to be achieved through portfolio wealth management and business financing services,
optimization by reallocating resources to segments where and corporations benefiting from digitalized banking
the Bank possesses core strengths and optimal potential transactions that enhance operational efficiency.
for returns and resilience. This approach is implemented
while maintaining a robust balance sheet and capital In addition, our Sharia segment receives special strategic
structure, fostering healthy, high-quality, and sustainable attention as we prepare for the spin-off of CIMB Niaga’s
business growth. Sharia Business Unit (UUS) into a subsidiary in 2026.
The Board of Directors views this move not merely as
Cash, which is to serve as a critical strategic focus for the a regulatory compliance measure but as a strategic
Bank as we work to strengthen our funding structure initiative to strengthen CIMB Niaga’s position in the
through the sustainable growth of low-cost funds expanding Islamic banking sector. Through this spin-off,
(CASA). This initiative is executed with a customer-centric we aim to establish a more focused, agile, and competitive
approach and involves the development of an integrated foundation for our Sharia entity, enabling it to accelerate
banking transaction ecosystem. Our strategy aims not only product innovation, expand market penetration, and
to structurally reduce the cost of funds and enhance our increase its contribution to national Islamic financing
liquidity position but also to foster customer loyalty and growth. The preparations for the spin-off have been
improve the Bank’s competitiveness amidst the dynamics researched meticulously, emphasizing the strengthening
of increasingly intense funding competition. of Good Corporate Governance, ensuring capital readiness,
enhancing operational and technological infrastructure,
Cross-selling, with which CIMB Niaga is to drive customer and developing human resources capabilities. These
relationships by strengthening its wealth management measures are designed to ensure a seamless transition,
and affluent banking services, while optimizing synergies allowing the Sharia entity to operate sustainably as a new
between retail and non-retail segments. By adopting growth pillar within the CIMB Niaga ecosystem.
a “one-bank” approach, CIMB Niaga seeks to increase
contributions from commission-based and non-interest In line with this strategy, CIMB Niaga continues to
income (NOII). advance its service transformation and digitalization
agenda. We are refining our OCTO platform to enhance
Capabilities, which should help the Bank shape a simpler, its integration and user-friendliness, while also developing
better, and faster (SBF) organization as one of the key service innovations such as the One Relationship
pillars of Forward30 Strategy. That should be achieved Manager (One RM) pilot program in several major cities,
through the transformation of operational models, aimed at improving the customer experience through a
reengineering business processes, implementing digital comprehensive one-stop shop. Furthermore, the Bank is
automation, modernizing technology, and leveraging expanding its focus in secondary cities by strengthening
data analytics and Artificial Intelligence (AI). This pillar our presence in approximately 30 potential markets, as
lays a critical foundation for generating sustainable value, part of our broader strategy to grow our customer base
translating to increased productivity, enhanced customer and sustainably increase contributions from fee-based
experience, expanded market share, and improved income.
operational resilience.
Through these targeted strategies and policies, the Board
of Directors is confident that CIMB Niaga will not only
maintain performance resilience throughout 2025 but
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also lay a stronger foundation for high-quality growth Customer deposits rose by 3.79%, driven by a substantial
in the years to come. Forward30 serves as the primary increase in low-cost funds (CASA), which grew by 10.11%.
framework for the Bank to continuously create long-term This success led to an increase in the CASA ratio, increasing
value for shareholders and all stakeholders, with our from 66.02% in 2024 to 70.03% in 2025.
customers at the heart of every transformational step we
undertake. CIMB Niaga reported loan growth of 4.52% in 2025, with
total loans reaching Rp238.3 trillion. Growth was primarily
THE BOARD OF DIRECTORS’ ROLE IN THE driven by the Corporate segment, which expanded by
FORMULATION AND PROCESSES TO ENSURE 6.72%. Reflecting the increasing financing demands of
STRATEGY AND POLICY EXECUTION resilient sectors. Additionally, the Consumer segment
The Board of Directors consistently formulates the Bank’s recorded a growth of 3.41%, demonstrating the Bank’s
short- and medium-term strategies and policies through commitment to meeting retail loan demands in a selective
the preparation of the Corporate Plan and the Bank and judicious manner. Furthermore, the Emerging
Business Plan (RBB), which align with the Bank’s Vision, Business Banking (EBB) segment saw growth of 1.99%,
Mission, and strategic priorities. This formulation process while the Commercial segment expanded by 3.15%.
takes into account industry dynamics, macroeconomic
conditions, and evolving customer needs, ensuring The Bank maintained strong asset quality, with the gross
that the established strategies remain adaptive and non-performing loan (NPL) ratio at 1.81%, surpassing our
able to address business challenges and opportunities target of 1.91% and outperforming the industry average.
sustainably. This resilience is further reflected in our strong capital
position, with the Capital Adequacy Ratio (CAR) at 24.83%,
To ensure successful implementation, the Board of well above the 24.46% target. This robust capital base not
Directors, in collaboration with senior management, only provides a strong buffer against market volatility but
regularly monitors and reviews the execution of our also supports our strategy for future business expansion.
strategies across all levels of the organization. Periodic
evaluations assess the alignment between actual results The Board of Directors continually assesses the Bank’s
and established targets, ensuring that implemented performance by comparing actual results against
policies remain relevant and are integrated into daily the targets established at the beginning of the year.
business processes. Through this mechanism, the Board Throughout 2025, CIMB Niaga demonstrated stability
is able to make timely adjustments as necessary to sustain and resilience, even in the face of external pressures
the Bank’s growth momentum and resilience. such as elevated funding costs in the first three quarters
and a slowdown in loan demand in certain segments,
Moreover, the Board of Directors actively fosters particularly mortgages. In response to these conditions,
consistent strategy implementation across each business the Board adopted a more selective credit growth strategy
unit by enhancing cross-functional coordination and to preserve asset quality.
providing structured oversight. In addition to ensuring a
shared understanding throughout the organization, the Overall, CIMB Niaga delivered strong financial
Board creates avenues for all CIMB Niaga employees to performance in 2025, generating a double-digit ROE of
contribute ideas, innovations, and improvement initiatives 13%, positioning the Bank among the top performers
that align with our strategic goals. This approach ensures within KBMI 3 banks. This achievement reflects the
that strategy implementation is not merely a top-down Board’s proactive approach in applying prudent
directive but rather an integral part of our organizational principles to ensure effective asset quality management.
culture and a shared commitment within CIMB Niaga. Our performance was further underscored by disciplined
cost control and strategic operational efficiency
2025 PERFORMANCE AND COMPARISON TO improvements, enabling the Bank not only to meet our
TARGET established performance targets but also to maintain
In 2025, CIMB Niaga achieved a series of significant fundamental resilience amid challenging industry
performance milestones that underscore the Bank’s dynamics.
resilience in navigating complex economic landscapes.
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Description 2025 Target 2025 Realization aligned with our management targets. These efforts
Customer Deposit were bolstered by increased customer transactions via
6.0%-10.0% 3.8%
Growth our digital ecosystem and robust cash management
Loan Growth 5.0%-7.0% 4.5% solutions, reinforcing our funding stability structurally.
Low Cost Asset Ratio
(CASA)
65.0%-68.0% 70.0% In facing these challenges, the Board of Directors
emphasized the importance of a more selective loans
Net interest margin
(NIM)
4.0%-4.4% 4.0% growth policy focused on maintaining asset quality.
CIMB Niaga consistently prioritizes prudent principles
Cost to Income Ratio
(CIR)
44.0% - 47.0% 45.9% in our credit underwriting, particularly amidst pressures
on purchasing power and potential credit risks within
Gross NPL 1.8%-2.3% 1.8%
certain segments. This strategy has effectively supported
Return on Equity the Bank’s fundamental resilience, as evidenced by our
14.0%-16.0% 13.0%
(ROE - Tier-1)
low gross non-performing loan (NPL) ratio of below 2%.
Simultaneously, the Board of Directors continues to
OBSTACLES AND CHALLENGES strengthen operational efficiency, maintain a competitive
ENCOUNTERED AND MITIGATION MEASURES cost structure, and accelerate transformation through the
UNDERTAKEN Forward30 strategy, emphasizing customer-centricity,
As the Board of Directors, we acknowledged the digitalization, and enhancement of organizational
economic dynamics the Bank encountered as the year capabilities.
unfolded, which prompted us to remain prudent and
resilient in our business management. The primary It is with these anticipatory measures that we were able
obstacles and challenges stemmed from weakening to deliver another resilient performance throughout the
consumer purchasing power, particularly among the year and lay a strong foundation on which to capitalize
middle-income segment, which is crucial to driving on the growth prospects and opportunities the upcoming
retail banking growth. This issue was evident in the years hold for the Bank. We will continue to prioritize a
slowdown of consumer savings growth and the limited balance between growth, profitability, and resilience,
demand for retail financing, especially in the mortgage remaining steadfast in our commitment to creating long-
segment, which remained stagnant throughout the year. term value for our shareholders and all stakeholders.
Concurrently, businesses in the SME and corporate
segments have adopted a wait-and-see approach, holding OTHER PERFORMANCE MEASURES
off on expansion and investment amid a slower recovery
in domestic demand and escalating global uncertainty. ORGANIZATIONAL STRUCTURE
CIMB Niaga is committed to strengthening its
From an external perspective, the Board of Directors organizational capabilities to ensure leadership
has observed pressures arising from global economic succession and optimize business processes, particularly
volatility, including geopolitical risks, fragmentation of in key functions that support the Bank’s operations.
international trade, and global interest rate policies As outlined in the Company Profile within this Annual
influenced by U.S. fiscal dynamics and ongoing trade Report, we are dedicated to enhancing our organizational
tensions. Additionally, China’s economic slowdown has structure through measurable succession planning
created a domino effect on commodity demand and and the competency development of potential leaders.
Indonesia’s export activity, subsequently impacting the Additionally, CIMB Niaga regularly conducts organizational
government’s fiscal space and investor sentiment. This evaluations to boost effectiveness, efficiency, and
situation has led to increased caution among investors institutional readiness in responding to industry
and fluctuations in capital flows, necessitating close dynamics, which in turn supports the implementation of
monitoring of exchange rate stability and market liquidity our strategic initiatives and sustainable growth.
by the Bank.
MAIN ACTIVITIES, PRODUCTS, AND SERVICES
Within the banking industry, we faced liquidity pressures OFFERED
at the start of the year, which resulted in rising funding CIMB Niaga operates within the banking sector, focusing
costs and strained banking margins. Competition on the collection and distribution of public funds by
for funding has intensified, and the Bank’s ability to delivering competitive financial solutions tailored to our
aggressively reduce loan prices has been constrained by customers’ needs. We offer a diverse array of savings,
high funding costs. In response, the Board of Directors financing, and transaction services across individual
implemented prudent liquidity management strategies, customers, small and medium enterprises, and corporate
optimizing our funding structure through focused growth segments. Comprehensive information on the range of
of low-cost funds (CASA) and ensuring that the Loan-to- products and services offered by CIMB Niaga, including
Deposit Ratio (LDR) remained within a healthy range lending and other banking services, is detailed in the
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Company Profile chapter under the Products and Services section. In 2025, the Bank’s primary business activities will
continue to concentrate on strengthening our core offerings in the corporate, commercial, retail, and SME segments, while
carefully considering the risk profile and growth potential of each segment. We will also focus on developing products and
services that resonate with customer needs, available through both our branch network and digital channels.
PRIME LENDING AND DEPOSIT INTEREST RATES
Throughout 2025, CIMB Niaga strategically managed its prime lending and deposit interest rates, taking into account
market liquidity dynamics, the direction of Bank Indonesia’s interest rate policy, and competitive conditions within the
banking industry. To maintain a healthy and sustainable funding structure, we will optimize the composition of low-cost
funds (CASA) while ensuring that our deposit interest rates remain competitive for our customers.
In terms of loan disbursement, lending interest rates will be set selectively, considering the cost of funds, borrowers’
risk profiles, and the imperative to sustain margins and asset quality. This approach enables the Bank to continue
supporting quality loan growth while maintaining fundamental resilience amidst challenging economic conditions.
Details of CIMB Niaga’s Rupiah-denominated loan and deposit interest rates for 2025 are as follows:
Prime Lending Rates based on Segment
Data Period Deposit
Non-MSME Loan MSME Loan Interest Rate
2025 Mortgage Non-mortgage
(KPR/KPA) (Non-KPR/KPA)
Corporate Retail Medium Small Micro
Maret 8.25% 9.00% 9.00% 9.00% N/A 8.70% 12.11% 4.13%
Juni 8.25% 9.00% 9.00% 9.00% N/A 8.70% 12.11% 4.07%
September 8.25% 9.00% 9.00% 9.00% N/A 8.70% 12.11% 3.80%
Desember 8.15% 8.90% 8.90% 8.90% N/A 8.70% 12.11% 3.66%
NUMBER, TYPE, AND LOCATION OF OFFICES facilitate easy access for our customers. This synergy is
As a proud member of the CIMB Group, headquartered achieved by leveraging the strengths of our extensive
in Kuala Lumpur, CIMB Niaga stands as one of the network and customer base as target markets, allowing
leading banking institutions and financial services the Bank to consistently expand its value-added services
providers in the region, with an operational network while nurturing long-term relationships with customers
that spans eight ASEAN countries: Malaysia, Indonesia, and business partners.
Singapore, Thailand, Cambodia, Vietnam, Myanmar, and
the Philippines. Additionally, CIMB Group maintains an SHARE OWNERSHIP OF THE BOARD OF DIRECTORS,
international presence through representative offices in BOARD OF COMMISSIONERS WITHIN THE BANK’S
China, Hong Kong, and the United Kingdom. BUSINESS GROUP
The share ownership (both direct and indirect) of
As of 31 December 2025, the Bank operates with a well- members of the Board of Commissioners and Directors
established network consisting of 394 branches, 2,786 serving and/or appointed in 2025, relating to their
ATMs (including CRM and MDM), 707,256 Electronic Data interests in CIMB Niaga, its subsidiaries, and the broader
Capture (EDC) devices, Quick Response (QR) capabilities, CIMB Group, has been disclosed in the Company Profile
and E-commerce networks, and the total headcount section of this Annual Report.
of 11,647 employees (including subsidiaries’) across
Indonesia. SIGNIFICANT CHANGES IN THE BANK AND THE
BANK’S BUSINESS GROUP
NETWORK AND BUSINESS PARTNERS Throughout 2025, there were no material changes to
CIMB Niaga continually strengthens its collaboration with the ownership structure or core business activities of
a diverse range of business partners, both domestically the Bank and the Business Group. However, this year
and internationally, to enhance the Bank’s resilience, will be a pivotal period for CIMB Niaga as we prepare for
competitiveness, and operational efficiency. Throughout institutional transformation through a comprehensive
2025, the Bank has established strategic partnerships UUS spin-off plan. This includes critical elements of
with various organizations to deliver financial products Good Corporate Governance, capitalization, operational
and services, including bancassurance, wealth infrastructure, and organizational readiness, all aimed at
management, and a variety of transaction solutions that facilitating a smooth spin-off process in 2026.
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BUSINESS PROSPECTS, ECONOMIC Despite significant economic pressures, several domestic
DEVELOPMENT, AND TARGET MARKET sectors are poised for stronger growth in 2026. The
The Board of Directors views CIMB Niaga’s business manufacturing sector, for example, stands to benefit
prospects for 2026 as broadly favorable, with from gradually improving domestic demand and the
opportunities for sustainable growth amidst the expansion of production capacity in food and beverage,
evolving dynamics of the banking industry. While global consumer goods, and local automotive industries.
uncertainty will continue to pose challenges, we expect Simultaneously, the agricultural sector is projected to
domestic economic fundamentals to remain robust, remain resilient given the relatively steady demand for
bolstered by relatively strong household consumption, food, supported by modernization of supply chains and
investment activity, and government policies focused on productivity improvement initiatives that are beginning
stability and inclusive growth. to produce positive outcomes.
According to the World Bank’s Global Economic Prospects The trade sector is also expected to see gradual
published in January 2026, the global economy has recovery, aligned with improving public purchasing
demonstrated a commendable level of resilience despite power and increasing consumer activity. Furthermore,
rising trade tensions and policy uncertainty. Economic the transportation, accommodation, and restaurant
activity will be driven by inventory accumulation, a strong sectors are anticipated to record higher growth, fueled
risk appetite in financial markets, and increased spending by increased public mobility and opportunities for
related to the development of Artificial Intelligence. recovery in domestic and regional tourism. Collectively,
Concurrently, global supply chains are adapting to these sectors could serve as crucial drivers of Indonesia’s
increasingly complex trade barriers. Looking ahead, the economic growth in 2026, especially amidst strong
World Bank estimates that global economic growth is external pressures and anticipated weakening in global
expected to decelerate to approximately 2.6% this year trade.
as several previous growth drivers start to diminish.
The Indonesian banking industry is projected to remain
The International Monetary Fund (IMF), in its World in a solid position in 2026, with financial performance
Economic Outlook Update Report released in January continuing to grow in tandem with stable loan growth
2026, projects the global economy will grow at 3.3% in and Third Party Fund (DPK) accumulation. Banking sector
2026 only to slow slightly to 3.2% in following year. This profits are expected to reach approximately Rp205.5
projection represents a modest upward revision from trillion, reflecting the industry’s resilience, supported
the October 2025 World Economic Outlook Report, by strong capitalization and a healthy intermediation
highlighting the resilience of the global economy amid function. Loan growth is forecast to be around 11%,
ongoing dynamics in the global trade policy and the aligning with the industry’s optimism regarding the
persistent geopolitical uncertainty. recovery of domestic economic activity.
Domestically, Indonesia expects growth of 4.9% to However, this outlook may come with several challenges
5.4% in 2026, with government targets set at 5.4%, requiring careful attention, particularly regarding
driven by fiscal and investment policies, while the IMF weakening consumer purchasing power, increasingly
estimates a lower 5.1%. Growth drivers will include competitive liquidity conditions, and geopolitical
household consumption and increased investment, with developments. These dynamics may exert pressure on
risks stemming from global uncertainty and structural various financing segments, amidst a trend where loan
challenges as hindering factors. Bank Indonesia growth has previously lagged behind deposit growth.
anticipates a tamed inflation within a low target range
of 2.5% ± 1%. Core inflation will remain stable, bolstered Entering 2026, CIMB Niaga will continue to focus its
by inflation expectations within the target range, robust strategy on selective and quality growth, while prioritizing
economic capacity, controlled imported inflation, and the prudent principles in risk management. The Bank is
positive effects of digitalization. committed to maintaining asset quality, strengthening
its underwriting process, and enhancing portfolio
monitoring effectiveness to ensure business resilience
amidst changing market conditions and customer risk
profiles.
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In line with industry trends, the Board of Directors also Entering 2026, CIMB Niaga estimates that the dynamics
foresees that future growth will not solely rely on interest of the banking industry will continue to be influenced
income, but will increasingly be driven by strengthening by global uncertainty, monetary policy developments,
fee-based income. Therefore, CIMB Niaga will expand its and the acceleration of increasingly competitive digital
wealth management, transaction banking, and advisory transformation. Furthermore, changes in customer
services capabilities to provide added value to customers behavior, increasing expectations for technology-based
while diversifying the Bank’s revenue sources in a more services, and strengthening regulations related to risk
balanced manner. management, cybersecurity, and sustainability will be
important factors shaping the future banking business
Furthermore, regional synergies within the CIMB Group landscape. In this context, CIMB Niaga will continue to
will continue to be optimized to capture cross-border strengthen business resilience through the application of
opportunities, particularly in supporting the needs of prudent principles, disciplined risk management, and the
corporate customers and emerging businesses as they development of integrated digital capabilities.
are more integrated into the regional value chain. This
network strengthening and collaboration are among With these prospects in mind, we will also maintain our
the Bank’s strategic advantages in facing increasing strategic focus on quality growth, strengthening our
competition in the financial services sector. funding structure, enhancing the customer experience,
and innovating products and services relevant to market
Digital transformation remains a top priority in needs. The Bank will also continue to strengthen Good
strengthening the Bank’s competitiveness. Through the Corporate Governance, the effectiveness of internal
development of the OCTO platform, the utilization of controls, and organizational readiness to address
data analytics, and technology-based service innovations, potential future risks. Through these steps, we are
CIMB Niaga will continue to enhance the customer optimistic about maintaining sustainable performance,
experience, accelerate business processes, and create strengthening stakeholder trust, and creating sustainable
services that are more seamless, secure, and relevant to added value for customers, the community, and all
the needs of the digital age. shareholders.
The Board of Directors also emphasizes that SUSTAINABLE FINANCE INITIATIVES AND
sustainability and good corporate governance are the IMPLEMENTATION
main foundations for maintaining stakeholder trust. The Through the 2025 financial year, CIMB Niaga implemented
Bank will continue its commitment to ESG principles, a commitment to sustainable finance and the consistent
strengthen sustainability risk management, and ensure application of ESG principles as part of its responsible
that all business initiatives are aligned with transparent, and long-term business strategy. This sustainability
accountable, and integrity-based governance practices. commitment is implemented through five sustainability
pillars: (1) Sustainable Action, (2) Sustainable Business,
With the Forward30 strategy as its long-term direction, (3) Corporate Social and Environmental Responsibility, (4)
implemented through four key priorities (4Cs), supported Governance and Risk, and (5) Advocacy and Stakeholder
by strengthening digital transformation and a focus on Engagement.
quality and sustainable growth, the Board of Directors
is optimistic that CIMB Niaga is in a solid position to Through the Sustainable Action Pillar, CIMB Niaga
continue its positive performance in 2026. The Bank is continues to take concrete steps to support the energy
committed to continuously strengthening its contribution transition and reduce greenhouse gas (GHG) emissions.
to the national economy and creating long-term value In June 2025, the Bank commissioned solar panels at its
for all shareholders, customers, employees, and the Yogyakarta Branch Office, the second installation after
Indonesian people. Griya Niaga Bintaro 1 & 2, which were commissioned the
previous year. The Bank also utilizes renewable energy-
KEY PRIORITIES FOR THE PERIOD AHEAD based electricity, as evidenced by a Renewable Energy
We consider it important to disclose information Certificate. These two initiatives are part of the Bank’s
regarding material matters that are expected to impact 2025 success strategy, which aims to achieve a 46%
the Bank’s future performance and strategic direction. reduction in Scope 1 and 2 GHG emissions from the 2019
This disclosure is part of the Bank’s commitment to baseline.
maintaining transparency, improving the quality of
communication with stakeholders, and ensuring that
all relevant information is provided accurately and
responsibly as a basis for decision-making.
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This commitment is further strengthened by CIMB CIMB Niaga continues its commitment to supporting
Niaga’s active participation in the domestic carbon early detection and treatment programs for children
market. Throughout 2025, CIMB Niaga purchased 8,000 with malnutrition to prevent stunting in East Nusa
carbon units at the launch of the International Carbon Tenggara (NTT) Province, in collaboration with UNICEF.
Trading platform IDXCarbon and during the Seller Meet Furthermore, CIMB Niaga actively participates in social
Buyer session at the Indonesian Pavilion at the United activities, including supporting disaster victims.
Nations Climate Change Conference (COP30) in Brazil.
Furthermore, the Bank completed GHG emissions To promote inclusive empowerment, CIMB Niaga
Scope 3 - employee commuting, further enhancing the consistently implements three Community Link programs
comprehensiveness of its emissions disclosures in the (#JadiBerkelanjutan, #JadiNyata, #JadiPeduli) as well as a
Sustainability Report. disability empowerment program. #JadiBerkelanjutan
includes financial literacy training for 979 MSME
Furthermore, through the Sustainable Business Pillar, participants, the provision of interest-free loans to 150
CIMB Niaga continues to strengthen its sustainable MSMEs since 2022, and the establishment of three
financing portfolio across all business segments, communities as a sustainable step to encourage MSME
maintaining its proportion at 25% of the Bank’s total empowerment in Eastern Indonesia. The #JadiNyata
financing. Various innovative programs have been Community Link program supports the development
launched to support customers in the transition to a low- of innovative social ideas through intensive mentoring,
carbon economy, including Sustainability-Linked FX & while #JadiPeduli provides opportunities for employees
Derivatives, which provide incentives for customers who at branch offices and work units within the Bank to
meet sustainability targets. The Bank also introduced organize social activities. CIMB Niaga also has an
GreenBizReady as a one-stop solution for business empowerment and training program for people with
banking, particularly for the Small and Medium Enterprises disabilities, providing support to six coffee entrepreneurs
(SME) and commercial banking segments, providing to support their business sustainability.
access to sustainability solutions such as renewable
energy technology providers, emissions measurement In the area of environmental conservation, by
platforms, training, and ESG performance assurance December 2025, CIMB Niaga had successfully planted
services. These efforts are further strengthened by global a cumulative 115,400 bamboo trees and initiated the
support through strategic collaborations with the United development of eco-tourism villages in two locations
Nations Environment Programme (UNEP) and the United in West Nusa Tenggara (NTB) and East Nusa Tenggara
Nations Entity for Gender Equality and the Empowerment (NTT). Furthermore, total volunteer hours reached over
of Women (UN Women) to strengthen the empowerment 75,000 hours from over 11,000 employees, reflecting a
of women-led Small and Medium Enterprises (SMEs) strong commitment to sustainability and community
and other vulnerable groups in Indonesia, while also empowerment.
providing access to financing for sustainable energy
solutions through the Perempuan Berkarya program. To ensure that all initiatives are implemented prudently,
In line with the publication of the Indonesia Sustainable CIMB Niaga strengthened its foundation through the
Finance Taxonomy (TKBI) version 2 by the Financial Governance and Risk Pillars. The Bank issued various
Services Authority (OJK), CIMB Niaga has also begun internal policies such as the Sustainable Finance
reporting its financing portfolio according to the TKBI Framework, Climate Change Disclosure Framework,
classification since September 2025, demonstrating Sustainable Procurement Procedures, Sustainability
the Bank’s commitment to transparency in sustainable Communication Procedures, and the Climate Risk
financing. Management Policy. These steps affirm the Bank’s
commitment to transparency and accountability in
Furthermore, CIMB Niaga’s Corporate Social and managing sustainability issues.
Environmental Responsibility pillar demonstrates its
commitment to improving the quality of education, In August 2025, the Bank completed its climate risk
healthcare, inclusive empowerment, and environmental analysis and submitted its Climate Risk Management &
preservation. Throughout 2025, the Bank implemented Scenario Analysis (CRMS) report to the Financial Services
financial literacy and inclusion programs through Ayo Authority (OJK). The CRMS model and methodology cover
Menabung dan Berbagi (AMDB), Tour de Bank (TDB), and the Bank’s entire financing portfolio. In line with CIMB
the opening of SimPel accounts. By 2025, these programs Group’s long-term strategy toward Net Zero Emissions
reached 29 cities, 119 schools, and 10,560 students, by 2050, CIMB Niaga has also begun monitoring the 2030
opening more than 4,000 student accounts. The Bank interim decarbonization targets for six priority sectors:
also provided scholarships and personal development thermal coal mining, cement, electricity, oil and gas, palm
programs to 51 students studying in Indonesia and the oil, and real estate. This monitoring is conducted annually
ASEAN region. to ensure achievement of the established targets.
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Furthermore, through the Advocacy and Stakeholder To implement innovative learning methods, CIMB Niaga
Engagement Pillar, CIMB Niaga continues to build internal integrates Artificial Intelligence technology into VR
capacity while expanding external collaboration. The Learning modules to create a more realistic, adaptive,
bank conducts Yellow Belt Sustainability Training for and personalized learning experience. Furthermore,
frontliners, covering topics such as renewable energy, the Bank is integrating various digital learning platforms
sustainability reporting, risk management, and GHG into a single integrated ecosystem through Hylearn on
emissions. Furthermore, the Cooler Earth Series has been the Work Support Application (ARJUNA). This platform
implemented and expanded through more than 170 events is equipped with features such as Learning on The Go
in over 40 cities to reach the public, communities, students, Plus (LOG+), Knowledge Management System (KMS),
media, customers, and employees. In addition, as part of and Learning Hub, designed to create an interactive,
the enhancement of transparency and accountability, relevant, and easily accessible learning environment for
the Bank has started to adopt PSPK 1 and 2 sustainability all employees anytime and anywhere.
disclosure standard for our Sustainability Report.
We consistently instill the Company’s values, summarized
For its consistency and sustainable impact, CIMB Niaga in EPICC (Enabling Talent, Passion, Integrity &
received various prestigious awards throughout 2025, Accountability, Collaboration, and Customer Centricity),
including the Platinum Champion BISRA Awards, the as the foundation of our work culture, ensuring that
Platinum Alignment Asian Impact Awards, the Mandaya every employee has a strong behavioral foundation
Award from the Coordinating Ministry for Public Financing in carrying out their daily roles and responsibilities.
of the Republic of Indonesia, and the Main Award IDX Internalization of these values is carried out through
Channel ESG Award. This recognition affirms the Bank’s various creative and sustainable initiatives, including bite-
commitment to supporting the transition to sustainable sized campaigns, EPICC Stories, EPICC Videos, interactive
finance, in line with the Forward30 strategy, the competitions and quizzes, EPICC Town Halls, EPICC
#NowForTheFuture spirit, and the “Advancing Customers Podcasts, and the support of EPICC Ambassadors who
and Society” objective in supporting the Second Nationally act as internal influencers in strengthening employee
Determined Contribution (SNDC), Indonesia Net Zero engagement. In line with this commitment, we have also
2060, and the Sustainable Development Goals. developed a Diversity & Inclusion framework to ensure a
more inclusive, diverse, and healthy work environment
HUMAN RESOURCES for the organization. Furthermore, the Board of Directors
To ensure the Bank remains competitive and adaptive is focused on implementing holistic well-being across all
amidst the ever-evolving banking industry landscape, while areas, including physical, mental, and spiritual well-being.
realizing its purpose of “Advancing Customers & Society,”
CIMB Niaga is committed to helping customers and the We are also committed to building a comprehensive and
Indonesian public realize their dreams and aspirations with sustainable talent management strategy through the
the spirit of #WorkFromHeart. In line with this commitment, identification, development, and retention of superior
throughout 2025, CIMB Niaga will develop and implement a talent, ensuring that each strategic position has at least
Human Resources (HR) strategic plan focused on four main two potential candidates ready to fill the role. Through
pillars: Organization of the Future, Next Gen Workforce, these strategic steps, we believe that investing in talent
High Performance Team, and Leading Employer Brand. management and succession planning will ensure
Through this approach, CIMB Niaga strives to strengthen long-term business stability, drive growth, and create
the attraction and retention of top talent, build reliable sustainable value for all stakeholders.
leadership, enhance organizational capabilities to
prepare for change, and integrate a performance culture To support business sustainability and manage potential
with a contribution-based reward system. Thus, all HR risks, we are building a risk culture aligned with the EPICC
management processes are executed effectively to create values. Through a series of outreach programs on topics
the best possible employee experience while supporting the such as Anti-Fraud, Operational Risk & Litigation, the Code
sustainable achievement of the Bank’s business strategy. of Ethics & Code of Conduct, Integrity Pact related to anti-
fraud, anti-bribery, and anti-corruption, as well as Know
With the rapid development of technology, including the Your Employee (KYE), we ensure employees understand
emergence of Generative Artificial Intelligence (AI), we the importance of risk management in daily operations.
emphasize the importance of enhancing Digital & Data The Bank’s governance principles are embedded in
capabilities across the organization. In 2025, CIMB Niaga internal policies, performance measurement, and risk
will take concrete steps by implementing various digital reporting related to HR and the organization, making risk
training programs, including building awareness and management an integral part of the Company’s culture.
understanding of Generative AI. This initiative aims to
strengthen employee capacity and capabilities, making
them more adaptive, innovative, and prepared to face
the dynamics of the Society 5.0 era.
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To enhance the overall employee experience, CIMB Niaga investments in the use of technology, data analytics,
continues to develop an integrated HR service system and Artificial Intelligence (AI) have made a significant
through the ARJUNA platform, designed to align with contribution to improving the Bank’s performance, both
employee needs. The Bank also implements a flexible in terms of operational efficiency and service quality.
benefits program, conducts ongoing evaluations of the The Board of Directors believes that sustainable IT
effectiveness of its hybrid work system (Hywork), and can be a growth enabler and a critical foundation for
consistently promotes an inclusive work environment. building a more relevant and customer-oriented banking
Furthermore, the Bank strengthens employee well-being experience.
through various programs and initiatives, including SHINE
(Sport, Hobby, Interest, and Enlightenment) and Learning In its implementation, the Bank is implementing end-to-
Communities, which support personal development end service digitalization to deliver a seamless, integrated,
and employee connectedness. Through these efforts, and personalized multi-channel experience. The OCTO
CIMB Niaga fosters a work environment that fosters platform enhancements were implemented to ensure
productivity, well-being, and employee engagement, easier and more convenient customer transactions, while
enabling each individual to make their best contribution strengthening digital solutions for the corporate and
to the Bank’s sustainable growth and business success. commercial segments continues through increasingly
modern transaction banking services. Internally, the
The implementation of CIMB Niaga’s HR development Bank utilizes data analytics and AI to enhance process
strategy, based on a comprehensive strengthening of work automation, optimize resource allocation, and drive more
culture, continues to demonstrate strong effectiveness. measurable efficiencies in daily operational activities.
This is reflected in the consistent Organizational Health
Index (OHI) score, which places CIMB Niaga in the Top As the use of digital technology and AI expands, the
Decile (10% with the highest score) based on the results Board of Directors also emphasized that cybersecurity
of the 2025 Employee Sentiment Survey (ESS), conducted and customer data protection are top priorities.
independently by a third party. The Bank continues to strengthen its cybersecurity
capabilities through ongoing investments, including
Furthermore, CIMB Niaga has received numerous the implementation of machine learning for real-time
recognitions from leading institutions for its sustainable fraud detection and the enhancement of more accurate
implementation of regional and global standard HR credit risk assessments. Going forward, CIMB Niaga
development practices. This achievement further will continue its technology development, including
underscores CIMB Niaga’s success in positioning HR not exploring the integration of generative AI, to ensure the
merely as an asset, but as a key driver of the organization Bank remains adaptive, secure, and able to maintain its
in realizing its purpose of Advancing Customers & Society. competitive advantage in creating long-term value for all
stakeholders.
Going forward, the Board of Directors is committed to
continuously evaluating, adjusting, and refining its HR IMPLEMENTATION OF CORPORATE
development strategy to ensure it remains relevant to GOVERNANCE
industry dynamics and future needs. This will ensure The Board of Directors emphasized that the
CIMB Niaga is increasingly prepared to face challenges implementation of Good Corporate Governance (GCG)
while maintaining world-class quality. is the main foundation for maintaining stakeholder
trust and the Bank’s business sustainability. Throughout
INFORMATION TECHNOLOGY 2025, CIMB Niaga will continue to strengthen the
We view strengthening organizational capabilities and implementation of the principles of Ethical Behavior
technology infrastructure as critical elements in ensuring (Ethics), Accountability, Transparency, and Sustainability
the effectiveness of our Forward30 strategy. In line (ETAK) in daily business practices and all operational
with this commitment, the Bank continues to develop activities of the Bank.
in-house systems, expand the use of data analytics
and digital technology, and strengthen investments in We believe that strong governance is the primary
cybersecurity as a top priority to maintain customer trust foundation for ensuring that every strategic program
and operational resilience. and business plan of the Bank is implemented effectively,
accountably, and aligned with stakeholder expectations.
In this context, the Board of Directors positions In line with this, we are committed to continuously
Information Technology (IT) as a key strategic pillar evaluating, improving, and refining GCG practices
in strengthening the Bank’s competitiveness amidst as part of our efforts to maintain trust and business
changing customer behavior and increasingly digital sustainability.
industry dynamics. Throughout 2025, CIMB Niaga’s
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We spent the entire year delivering on this commitment Group (MSWG) and the ASEAN Capital Markets Forum
through strategic initiatives that helped us build a (ACMF), serving as a benchmark for the implementation
stronger corporate culture of integrity, transparency, of public company governance in the ASEAN region.
and compliance. CIMB Niaga consistently promotes
the implementation of ethical business values by Furthermore, CIMB Niaga successfully retained its
strengthening its anti-bribery and anti-corruption Leadership in Corporate Governance award and was
commitments as a key component of sustainable named among the Top 50 GCG Companies in Indonesia
governance practices. To that end, the Board of for Big Capitalization PLCs, awarded by the Indonesian
Commissioners, the Sharia Supervisory Board, and the Institute for Corporate Directorship at the 16th IICD
Board of Directors signed the Declaration of Integrity Awards. This achievement underscores CIMB Niaga’s
Pact, Code of Ethics, and Anti-Bribery and Anti-Corruption consistent commitment to strong governance principles
Commitment on 2 June 2025. This commitment was then aligned with national and international best practices.
reinforced through an attestation process carried out by
all employees, reflecting collective awareness and shared In Governance, Risk, and Compliance, CIMB Niaga
responsibility in maintaining the reputation and trust of received the Top GRC Awards 2025 #Star 5 and the
stakeholders. Platinum Winner Medallion. CIMB Niaga’s President
Director, Lani Darmawan, was recognized as the Most
As part of CIMB Niaga’s commitment to realizing clean Committed GRC Leader 2025. This award, presented
and integrated Good Corporate Governance, CIMB by Top Business in collaboration with PT Madani Solusi
Niaga continues to develop a bribery risk prevention and Internasional, recognizes strong leadership in building a
control system through the structured and sustainable comprehensive risk and compliance culture throughout
implementation of an Anti-Bribery Management System. the organization.
In 2025, CIMB Niaga successfully maintained ISO SNI
37001:2016 certification for its SPAPM work unit, Further recognition came through the 2025 Asian
demonstrating the consistent application of international Management Excellence Awards, where Noviady
standards to support ethical, transparent, and integrity- Wahyudi, CIMB Niaga’s Consumer Banking Director, was
based business practices. named Indonesia Executive of the Year – Banking by the
Asian Business Review. This award reflects the quality of
In response to increasingly complex regulatory CIMB Niaga’s leadership in driving service innovation and
developments and risk dynamics, the Bank also updated customer-centric business transformation.
its Anti-Bribery Management System policy to align its
implementation with the latest requirements of ISO The various awards received serve as encouragement
37001:2025. This update ensures that its implementation for the Bank to continue strengthening Good Corporate
remains relevant, effective, and adaptive to environmental Governance as a crucial component of implementing a
changes and stakeholder expectations. This step reflects sustainable and responsible long-term growth strategy.
CIMB Niaga’s commitment to building an organization
founded on integrity and upholding accountability. INTERNAL CONTROL SYSTEM AND RISK
MANAGEMENT
CIMB Niaga’s commitment to implementing superior The Board of Directors considers the implementation of
GCG practices has once again received recognition from an effective internal control system and risk management
various independent institutions through a number of to be the primary foundation for maintaining business
awards in the areas of sustainability, Good Corporate sustainability, financial stability, and stakeholder trust.
Governance, and Governance, Risk, and Compliance Amidst the increasingly complex dynamics of the
(GRC). This recognition reflects the Bank’s ongoing efforts banking industry, the Bank continues to strengthen its
to strengthen integrity, transparency, and effective risk comprehensive risk management approach to ensure
management as the primary foundation for healthy and that all business activities remain aligned with the
sustainable growth. principles of prudence and Good Corporate Governance.
At the regional level, CIMB Niaga was once again To that end, CIMB Niaga has implemented Enterprise-
recognized as one of the Top 50 ASEAN Public Listed Wide Risk Management (EWRM) as a comprehensive and
Companies (PLCs) and the Top 5 in Indonesia based integrated risk management framework. This framework
on the 2024 ASEAN Corporate Governance Scorecard ensures that all types of risks can be identified,
Regional Assessment. The awards were presented at measured, monitored, and controlled consistently
the 2025 ASEAN Corporate Governance Conference & across all business lines and support functions. The
Awards, organized by the Minority Shareholders Watch implementation of EWRM also adheres to the risk
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management scope established by the Financial Services timely, and accountably to support management
Authority, encompassing active supervision by the Board decision-making and meet stakeholder needs.
of Directors, the Board of Commissioners, and the
Sharia Supervisory Board, the adequacy of policies and To fulfill these principles, CIMB Niaga implements a
procedures, limit setting, adequate risk management structured and integrated ICOFR framework within
processes, and a comprehensive internal control system. its business processes, risk management, and Good
Corporate Governance. This framework is designed to
Furthermore, the Board of Directors emphasizes that mitigate the risk of financial statement misstatements,
risk management must be an integral part of the both unintentional and those potentially arising from
strategic and operational decision-making process. This control weaknesses, thereby maintaining the quality and
is realized through the implementation of the Three reliability of the Bank’s financial reporting.
Lines of Defense mechanism, where business units, as
the first line of defense, are responsible for day-to-day ICOFR implementation is carried out through
risk management; the risk management and compliance comprehensive stages, starting with control design and
function, as the second line, sets policies and provides implementation, ongoing monitoring, effectiveness
oversight; and internal audit, as the third line, provides evaluation, and corrective follow-up, if necessary. With
independent assessments of the effectiveness of risk this approach, CIMB Niaga ensures that its internal
controls and governance. With this approach, the Bank control system for financial reporting is continuously
can maintain risk exposure within its established risk strengthened, in line with business dynamics, regulatory
appetite and support the sustainable achievement of developments, and the need to maintain public trust in
business targets. the Bank.
In line with strengthening this framework, the Board of PERFORMANCE ASSESSMENT OF COMMITTEES
Directors plays an active role in building an integrity, UNDER THE BOARD OF DIRECTORS
compliance, and risk culture throughout the organization. In carrying out its duties and responsibilities in managing
The Bank consistently upholds GCG principles through the Bank, the Board of Directors is supported by five
transparency, accountability, and business ethics in every Executive Committees (EXCOs), which serve as strategic
decision. Compliance is also integrated into all business forums for decision-making and oversight of various
processes through policies, procedures, and supervision key operational aspects. These committees include the
that align with regulatory requirements and international Risk Management Committee (RMC), Assets & Liability
standards. Committee (ALCO), IT Steering Committee (ITSC), Credit
Policy Committee (CPC), and Executive Credit Committee
At the same time, the Board of Directors continues to (ECC). The existence of these committees ensures
instill risk awareness through consistent communication, that risk management, credit policy, asset and liability
training programs, and ongoing education for all management, and information technology development
employees. This risk culture encourages each individual are implemented in a focused, integrated manner, and
to be proactive in identifying, managing, and reporting aligned with the Bank’s strategy.
potential risks, enabling CIMB Niaga to continue to grow
as a resilient and adaptive organization. In addition, the Board of Directors is assisted by a number
of Special Committees (SPECOs), established according
INTERNAL CONTROL OVER FINANCIAL to the Bank’s needs and chaired by respective Field
REPORTING Directors. These committees include the Operational Risk
The Board of Directors ensures that the implementation Committee (ORC); Special Asset Management Committee
of Internal Control over Financial Reporting (ICOFR), as (SAMC); Asset Quality Committee (AQC); and Customer
stipulated in Financial Services Authority Regulation Experience Committee (CXC). These committees serve
Number 15 of 2024, is consistently and continuously to strengthen the effectiveness of the implementation
implemented as part of the Bank’s commitment to of policies and strategic initiatives in specific areas, while
maintaining the integrity, accuracy, and transparency ensuring that decision-making processes are conducted
of financial information. The implementation of ICOFR accountably and prudently, and support the Bank’s
is an integral part of the Bank’s internal control system, sustainable performance.
ensuring that financial statements are prepared based
on robust processes, supported by adequate controls, Throughout 2025, the Board of Directors assessed
and aligned with prudent principles. This control that these committees performed their duties and
encompasses the entire process of financial preparation, responsibilities effectively, as evidenced by several
presentation, and reporting, which is carried out reliably, aspects, including the number of meetings held;
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attendance by the Board of Directors or Committee government, as well as applicable internal regulations.
members; Service Level Agreements (SLAs); Minutes of These policy updates are intended to ensure that the
Meetings; Action Matters Arrangements; and distribution Bank’s credit framework remains relevant, adaptive, and
of meeting invitations and materials. Furthermore, supports the implementation of prudential principles. All
the Board of Directors reviewed the decisions and adjustments are also aligned with the Bank’s risk appetite,
recommendations made during the meetings, which ensuring optimal credit risk management to support
served as a reference in assessing the performance of healthy and sustainable business growth. The scope of
the committees under the Board of Directors. these policy changes also encompasses Sharia Banking
business activities, as part of the Bank’s strategy to
The Board of Directors assessed that the committees strengthen financing governance and ensure compliance
under the Board of Directors effectively carried out with Sharia principles and applicable regulations.
their duties and responsibilities throughout 2025.
This was reflected in the disciplined and measurable The ECC Committee plays a key role in loan and financing
implementation of meeting governance, including the decision-making, in accordance with the authority
frequency of meetings, attendance by the Board of established in the Bank’s governance framework.
Directors and committee members, compliance with Through this function, the ECC Committee ensures that
Service Level Agreements (SLAs), and the preparation of every financing decision is made prudently and aligned
comprehensive meeting minutes. Furthermore, follow- with the Bank’s business strategy. Furthermore, the ECC
up on emerging action matters is consistently monitored, Committee ensures that the overall management of
supported by the timely distribution of meeting the loan and financing portfolio consistently complies
invitations and materials. with the provisions and guidelines established by the
competent authorities, in line with applicable credit
In addition to these administrative and compliance policies, established operational procedures, and the
aspects, the Board of Directors also evaluates the quality Bank’s risk appetite.
of decisions and strategic recommendations generated
at each meeting. These recommendations serve as a The ITSC Committee plays a critical role in establishing
key benchmark for assessing committee performance, key policy directions, standards, and procedures in the
while ensuring that each committee contributes to information technology sector to support the Bank’s
supporting management decision-making, strengthening operational continuity and digital transformation.
Good Corporate Governance, and achieving the Bank’s Throughout 2025, the ITSC Committee routinely
business targets. monitored the progress and implementation status of
strategic IT projects in accordance with the established
Several key achievements in the implementation of the work plan and budget. Furthermore, the ITSC Committee
committee’s duties in 2025 included the ALCO Committee also provides recommendations on the development
continuing various strategic initiatives to support and implementation of the Cybersecurity Strategic
the acceleration of lending in sectors and products Plan, including strengthening monitoring and response
that are highly resilient to economic dynamics. These mechanisms for cybersecurity incidents that could
efforts are carried out while prioritizing the principle of potentially impact the Bank’s systems and services.
prudence, ensuring sustainable business growth amid
market volatility. Furthermore, the ALCO Committee Finally, the RMC Committee plays a strategic role in
was optimizing the implementation of the internal fund ensuring the Bank’s risk management framework
transfer pricing model to ensure that pricing signals remains relevant to the Bank’s business characteristics
are effectively transmitted to all Bank business units and the dynamics of the risks it faces. Throughout
and aligned with developments and changes in market 2025, the RMC Committee will periodically review the
interest rates. The ALCO Committee also ensured that Risk Appetite Statement (RAS) indicators, taking into
the Bank’s liquidity position remained at an optimal account the evolving risk profile and risk management
level by strengthening stable and diversified funding needs aligned with the Bank’s growth direction. The
management, including for the Sharia Business Unit. RMC Committee will establish portfolio limits and risk
That series of actions have allowed the Bank to maintain appetite parameters for products evolving in line with
liquidity resilience while supporting both short-term and market changes, such as mortgages (KPR), financing
long-term funding needs. through channeling schemes with fintech partners, and
other portfolios. Furthermore, the RMC Committee will
The CPC Committee approved updates and consistently also decide on appetite adjustments to the Bank’s risk
refines the Bank’s credit policy, in line with developments exposures, such as sector appetite and sector limits for
in external regulations established by regulators and the several industry sectors and securities portfolios.
56 PT BANK CIMB NIAGA TBK 2025 Annual Report
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CHANGES TO THE COMPOSITION OF THE pressure on the cost of funds, and global uncertainty as
BOARD OF DIRECTORS it persisted within the year, CIMB Niaga has been able
During the 2025 financial year, changes were made to to maintain resilient performance through disciplined
the composition of the CIMB Niaga Board of Directors, growth, strengthening asset quality, cost efficiency, and
implemented as part of organizational dynamics in line optimizing fee-based income. 2025 also marks a crucial
with the needs of Good Corporate Governance, the starting point in our Forward30 strategy, focused on
Bank’s business strategy, including the Bank’s long-term Advancing Customers and Society, where all initiatives
analytics and AI strategy. The Annual General Meeting are geared towards providing simpler, better, and faster
of Shareholders (AGM) on 14 April 2025, accepted the services to customers.
resignation of Tjioe Mei Tjuen from her position as Director
due to personal reasons (retirement), effective as of the Allow us to express our deepest appreciation and
close of the AGM. Rico Usthavia Frans was appointed as gratitude to all stakeholders for their continued support
Director, effective 24 July 2025, based on OJK approval. and trust in CIMB Niaga throughout 2025. Our deepest
appreciation goes to all employees for their dedication,
Thus, the composition of the CIMB Niaga Board of professionalism, and #WorkFromHeart ethos, which
Directors is as follows: have been key drivers in maintaining the Bank’s resilience
Lani Darmawan : President Director and performance amidst the dynamics of the industry.
Lee Kai Kwong : Director The Board of Directors also expresses its gratitude to
John Simon : Director our customers, shareholders, regulators, and business
Fransiska Oei : Director concurrently serving as partners for their close and constructive collaboration.
Compliance Director
Pandji P. Djajanegara : Director We are optimistic that with a strong foundation, a
Henky Sulistyo : Director customer-centric Forward30 strategy, and a steadfast
Joni Raini : Director commitment to Good Corporate Governance and
Rusly Johannes : Director prudent management, CIMB Niaga can continue to
Noviady Wahyudi : Director move forward and create long-term value while making
Rico Usthavia Frans : Director a positive societal contribution. We also believe that
our strong capital base, ongoing digital transformation,
APPRECIATION AND CLOSING REMARKS and strategic preparations for the spin-off of the
While we have weathered a very dynamic landscape, Sharia Business Unit in 2026, will further strengthen
we closed the year with solid fundamental resilience. our contribution to customers, stakeholders, and the
Amidst the challenges of weakening purchasing power, national economy.
17 March 2026
Lani Darmawan
President Director
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Board of Directors
Pandji P. Djajanegara Rusly Johannes
Director Director
Noviady Wahyudi Henky Sulistyo Fransiska Oei
Director Director Director
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Lani Darmawan Joni Raini John Simon
President Director Director Director
Rico Usthavia Frans Lee Kai Kwong
Director Director
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The Sharia Supervisory Board Report
Bismillaahirrahmaanirrahim Further in the meetings, we also assessed CIMB Niaga’s
Assalamu’alaikum wa rahmatullaahi wa barakatuh, Sharia Business Unit’s operations, including fundraising,
financing distribution, banking services, and product
Alhamdulillaahi rabbil ‘alamiin, let us first express our development and innovation activities conducted
praise and gratitude to Allah Subhanahu wa Ta’ala for throughout the year. We ensured that all operational
His abundant blessings and grace that have enabled us activities of CIMB Niaga’s Sharia Business Unit complied
to navigate well the dynamics and challenges the year with the fatwas issued by the National Sharia Council –
2025 brought to the Islamic banking industry as the year Indonesian Ulema Council (DSN-MUI) and the opinions
progressed. May blessings and peace always be uponour and directives issued by the SSB.
Prophet Muhammad (peace be upon him), his family,
and his closest and loyal companions. Our further assessment suggests that Sharia governance
at CIMB Niaga’s Sharia Business Unit was effective
The Sharia Supervisory Board (SSB) of the CIMB and regulatorily compliant throughout the year. Its
Niaga is mandated to oversee all the unit’s business effective implementation is reflected in an effective
activities to ensure they remain sharia-compliant. The supervisory process, our strong coordination with the
implementation of sharia principles is an integral part of Board of Commissioners, the Board of Directors, and
the Bank’s commitment to sound corporate governance relevant work units, and the strengthening of the Sharia
and to maintaining stakeholder trust. The Bank delivers compliance function across all operational activities and
on this commitment pursuant to the provisions of the product development. What we further noted was the
Financial Services Authority (OJK), including Regulation management’s strong commitment to prudent principles
No. 2 of 2024 of the Financial Services Authority of the in running the business and to compliance with the fatwas
Republic of Indonesia on the Implementation of Sharia issued by the National Sharia Council (DSN-MUI), thus
Governance for Sharia Commercial Banks and Sharia ensuring consistent and sustainable implementation of
Business Units. sharia governance at CIMB Niaga’s Sharia Business Unit.
Throughout 2025, the SSB of CIMB Niaga discharged its To make our Sharia compliance even more comprehensive
supervisory duties and responsibilities, providing advice and consistent, we collaborated with management and
and strategic recommendations to ensure that the unit’s all employees, strengthening the implementation of the
expansion and growth remained within the framework Dual Leverage Banking Model (DLBLM) and internalizing
of Sharia compliance. As we exercised that function, we the Sharia First program. We also conducted regular
communicated and held discussions with both the Boards onsite supervision of business units and support units.
of Commissioners and the Board of Directors through
regular meetings on various sharia-related agenda. In line with the Bank’s strategic direction, 2025 was also
a crucial period as we prepared for the spin-off of CIMB
Through these meetings, we provided the Board of Niaga’s iB Unit into a Sharia Commercial Bank. In this
Directors with insights, guidance, and recommendations context, SSB played a active role in providing Sharia insights
on compliance with Sharia principles, including our Sharia and recommendations on various preparatory initiatives,
opinions on product development, operational activities, which entailed strengthening the Sharia governance
and policies that required Sharia considerations. During structure, enhancement of operational readiness, and
the year, we had a total of 12 (twelve) meetings, and the alignment of policies and business processes, to ensure
meetings were held monthly in person, virtually, or in the imminent transition is smooth and fully compliant with
a hybrid format, with a minimum of 2 (two) in-person regulatory requirements and Sharia principles.
meetings per year. Detailed information regarding
SSB meetings is outlined in the Sharia Business Unit We concluded that based on the results of our oversight
Governance Report in the Corporate Governance throughout the 2025 financial year, the SSB affirm that
chapter. all the unit’s operational activities, products, and services
adhered to the fatwa of the National Sharia Council of the
Indonesian Ulema Council (DSN-MUI) and all applicable
regulations as stipulated in the relevant POJK (Financial
Services Authority Regulation), PBI (Bank Indonesia
Regulation), and SEOJK (Financial Services Authority
Circular Letter). The SSB did not find any practices that
proved otherwise during the 2025 period.
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By performance, Sharia Business Unit CIMB Niaga as stipulated in applicable regulations. With no changes
demonstrated resilient and sustainable performance to the SSB’s composition, the implementation of the
throughout 2025, in line with its focus on healthy sharia supervisory function could proceed consistently
growth, strengthening financing quality, and prudent risk and helped us exercise continuous oversight on the
management. Sharia Business Unit CIMB Niaga recorded provision of advice to management.
financing disbursement amounting Rp55.7 trillion, a
7.58% decrease from 2024’s Rp60.3 trillion. Total assets Through this report, we’d like to mandate all levels of
increased by 4.03% to Rp70.2 trillion, compared to Rp management to keep up the good work and work with
67.5 trillion in the previous year. The non-performing integrity, professionalism, and dedication in upholding
financing ratio (gross NPF) was maintained at 2.20%. Sharia principles. We are convinced that with sincerity
CASA was recorded at Rp30.8 trillion, decreased by 4.69% and strong commitment, CIMB Niaga Sharia Business
compared to Rp32.3 trillion in the previous year. CIMB Unit can cooperate with all stakeholders further to
Niaga Sharia Business Unit also successfully recorded a bring Sharia banking products and services that are
pre-tax profit of Rp1.8 trillion. It was a strong achievement increasingly relevant, competitive, and beneficial to the
that lays an important foundation for Sharia Business wider community, especially as we enter a new phase as
Unit CIMB Niaga as it gets ready for the spin-off into a a Sharia Commercial Bank.
Sharia Commercial Bank shortly.
As we conclude this report, let us pray that Allah
We’d also like to inform you that there were no changes Subhanahu wa Ta’ala will always provide ease, guidance,
to the composition of CIMB Niaga’s Sharia Supervisory and blessings. Aamiin yaa rabbal ‘aalamin.
Board members throughout 2025. All of us, members of
the DPS, continued to do our duties and responsibilities Waassalamu’alaikum wa rahmatullaahi wa barakatuh.
On behalf of the Sharia Supervisory Board
Prof. Dr. M. Quraish Shihab, MA
Chairman of the Sharia Supervisory Board
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Sharia Supervisory Board
Prof. Dr. M. Quraish Shihab, MA
Chairman
Dr. Yulizar Djamaluddin Sanrego, M.Ec. Prof. Dr. Fathurrahman Djamil, MA
Member Member
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Annual Report Responsibility Statement
Board of Commissioners’ Responsibility Statement for the 2025 Annual Report of PT Bank CIMB Niaga Tbk.
We, the undersigned Board of Commissioners of PT Bank CIMB Niaga Tbk, hereby declare that all information in the
2025 Annual Report of PT Bank CIMB Niaga Tbk is presented in its entirety, and that we take full responsibility for the
correctness of the contents of this Annual Report.
This statement is made in all truthfulness.
17 March 2026
By the undersigned,
Didi Syafruddin Yahya
President Commissioner
Glenn M. S. Yusuf *
Vice President Commissioner (Independent)
Sri Widowati Vera Handajani Farina J. Situmorang
Independent Commissioner Commissioner Independent Commissioner
Dody Budi Waluyo Novan Amirudin
Independent Commissioner Commissioner
*
Appointed as Senior Independent Commissioner of the Bank through CIMB Niaga Board of Commissioners Circular Decree No. 011/DEKOM/KP/V/2024 dated 6 May 2024.
64 PT BANK CIMB NIAGA TBK 2025 Annual Report
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Board of Directors’ Responsibility Statement for the 2025 Annual Report of PT Bank CIMB Niaga Tbk.
We the undersigned Board of Directors of PT Bank CIMB Niaga Tbk, hereby declare that all information in the 2025
Annual Report of PT Bank CIMB Niaga Tbk is presented in its entirety, and that we take full responsibility for the
correctness of the contents of this Annual Report.
This statement is made in all truthfulness.
17 March 2026
By the undersigned,
Lani Darmawan
President Director
Lee Kai Kwong John Simon Fransiska Oei
Director Director Director
Pandji P. Djajanegara Henky Sulistyo Joni Raini
Director Director Director
Rusly Johannes Noviady Wahyudi Rico Usthavia Frans
Director Director Director
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Fostering Sustainability,
Cultivating a Harmonious Life
Economic progress is the most meaningful when it aligns
with environmental stewardship. Through responsible
and sustainability-focused financial solutions, CIMB Niaga
supports a future where economic advancement and
environmental preservation move forward together.
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03
Company
Profile
68 PT BANK CIMB NIAGA TBK 2025 Annual Report
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General Company Information 70
CIMB Niaga At a Glance 71
Name Change Information 73
Membership in Associations 73
Milestones 74
Corporate Vision, Mission, 76
Culture, and Core Values
Corporate Identity (Logo) 78
Organization Structure 79
Line of Business 83
Business Network and 86
Operating Areas
Board of Commissioners’ Profiles 88
Board of Directors’ Profiles 92
Sharia Supervisory Board Profiles 97
Changes in the Composition 98
of Members of the Board of
Commissioners, Sharia Business
Unit, and Board of Directors and
Reasons for the Changes
Senior Executives’ Profiles 99
Statistics on the Number of 104
Employees and Competence
Development Data
Shareholders Composition 108
Chronology of Issuance and/or 114
Listing of Shares
Chronology of Other Securities 115
Listings
Group Structure 116
Subsidiaries, Associated, and 118
Joint Ventures
List of Business Partnerships 121
Public Accountant and 121
Public Accounting Firm
Capital Market Institutions 122
Supporting and Professions
Bank Data and Information 123
Access
Website Information 123
Education and/or Training of the 125
Board of Commissioners, Board
of Directors, Sharia Supervisory
Board, Committees, Corporate
Secretary, and Internal Audit Unit
Awards and Certifications 134
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General Company Information
Company Name SWIFT Code
PT Bank CIMB Niaga Tbk (CIMB Niaga) BNIAIDJA
Familiar Name Number of Employees
CIMB Niaga 10,775 employees
Line of Business Total Assets
Banking Services Rp372.7 trillion
Date of Establishment Office Networks
26 September 1955 As of 31 December 2025, CIMB Niaga had 394 branches, including
conventional branch offices, sharia branch offices, Digital Lounge,
Legal Basis of Establishment Mobile Cash, and Kiosk. More detailed information regarding the
office network is available in the Business Network and Operational
Deed No. 90, made in the presence of Raden Meester Soewandi, dated
Area section in the Company Profile Chapter of this Annual Report
26 September 1955, and amended by Deed No. 9, dated 4 November
and branch addresses are available in the Office Network List section
1955, made before the same Notary. The deed of establishment was
in the Other Company Data Chapter of this Annual Report.
ratified by the Ministry of Law and Human Rights (formerly Ministry
of Justice and Human Rights) No. J.A.5/110/15 dated 1 December Address of Head Office
1955, State Gazette No. 71, dated 4 September 1956, State Gazette
Graha CIMB Niaga
Supplement No. 729/1956.
Jl. Jend Sudirman Kav. 58, Jakarta 12190, Indonesia
Change of Name Phone : +62 21 250 5252, 250 5353
On 26 September, 1955, the Company was established under the name Website
PT Bank Niaga, then changed to a Public Company with adjustments to
www.cimbniaga.co.id
the Republic of Indonesia Law No. 40 of 2007 concerning Limited Liability
Companies, and therefore it became PT Bank Niaga Tbk. In 2008, the Contact Address
name changed to PT Bank CIMB Niaga Tbk.
Contact Center
Merger History Phone : 14041 or +62 21 2997 8888 (overseas)
E-mail : 14041@cimbniaga.co.id
In 1973, Bank Niaga merged with PT Bank Agung, then in 1978 with
PT Bank Tabungan Bandung, and in 1983 with PT Bank Amerta, and Contact Center Business Banking
in 2008 with PT Bank Lippo Tbk. Phone : 14042 or +62 21 8065 5111 (overseas)
Investor Relations
Ownership
investor.relations@cimbniaga.co.id
• CIMB Group Sdn Bhd 91.44% Corporate Secretary
• PT Commerce Kapital 1.02% corporate.secretary@cimbniaga.co.id
• Public Shareholders (<5%) 7.54%
Social Media
Authorized Capital Facebook : CIMB Niaga
X : @CIMBNiaga
Rp2,900,000,000,000 or 50,886,460,336 shares, consisting of
Instagram : cimb_niaga
Rp359,269,680,000 or 71,853,936 Class A shares with a nominal value
YouTube : CIMB Niaga
of Rp5,000 per share, and Rp2,540,730,320,000 or 50,814,606,400
LinkedIn : CIMB Niaga
Class B shares with a nominal value of Rp50 per share.
TikTok : cimb.niaga
Issued and Fully Paid-Up Capital Subsidiaries
Rp1,612,787,275,350 or 25,142,205,843 shares, consisting of
PT CIMB Niaga Auto Finance (83.28%)
Rp359,269,680,000 or 71,853,936 Class A shares with a nominal value
Line of Business: Financing Company
of Rp5,000 per share, and Rp1,253,517,595,350 or 25,070,351,907
Jl. Bintaro Utama 9 Blok B9/I No. 15, Bintaro Jaya Sektor IX
Class B shares with a nominal value of Rp50 per share.
Kel. Pondok Pucung, Kec. Pondok Aren,
IPO Date Tangerang Selatan 15229
Call Center : 0804 1 090909
29 November 1989 E-mail : info@cnaf.co.id
Stock Exchange Website : www.cnaf.co.id
PT Bursa Efek Indonesia PT CIMB Niaga Sekuritas (97.32%)
Line of Business: Securities Company
Share and Bond Code
Graha CIMB Niaga 25th Floor
BNGA Jl. Jend. Sudirman Kav. 58, Jakarta Selatan 12190
Phone : +62 21 5084 7847
ISIN Code
Fax. : +62 21 5084 7849
D1000098007 E-mail : corsec@cimbniaga-ibk.co.id
Website : www.cns.co.id
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CIMB Niaga at a Glance
BRIEF HISTORY OF THE BANK Throughout its business operations, CIMB Niaga has
PT Bank CIMB Niaga Tbk (CIMB Niaga or Bank) was continuously gained various recognitions as a provider
established on 26 September 1955 based on the of quality and trusted banking products and services. In
Company’s Deed of Establishment No. 90 made in line with this, CIMB Niaga has also successfully recorded
the presence of Raden Meester Soewandi, Notary in various other significant achievements that further
Jakarta, on 26 September 1955, under the name PT Bank strengthen the Bank’s position and contribute to driving
Niaga, then amended by deed No. 9 dated 4 November the development of the banking industry in Indonesia.
1955, from the same Notary. The Company’s Deed of
Establishment was approved by the Minister of Justice In 1987, CIMB Niaga was recorded in history as the
of the Republic of Indonesia (now the Minister of Law first local bank to introduce banking services through
and Human Rights) with Decree No. J.A.5/110/15 dated Automatic Teller Machines (ATMs) in Indonesia. This
1 December 1955 and announced in the State Gazette achievement became an important milestone for the
of the Republic of Indonesia No. 71 dated 4 September Bank that contributed to entering Indonesia into the
1956, Supplement to the State Gazette No. 729/1956. modern banking era.
Based on the Decree of the Minister of Finance of the On 29 November 1989, CIMB Niaga continued its steps
Republic of Indonesia No. 249544/U.M.II, the Bank to become a public company by listing its shares in PT
obtained a business license as a commercial bank Bursa Efek Indonesia (formerly PT Bursa Efek Jakarta and
on 11 November 1955. Subsequently, the Bank also PT Bursa Efek Surabaya). In 1991, the Bank’s leadership
received a license as a foreign exchange bank based on and innovation in implementing the latest technology
the Decree of the Board of Directors of Bank Indonesia became increasingly recognized by becoming the first
No. 7/116/Kep/Dir/UD dated 22 November 1974. bank to provide online banking services in 1991.
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On 16 September 2004, CIMB Niaga began carrying out The statement of the merger obtained an effective
banking business activities based on sharia principles notification letter from Bapepam-LK through letter No.
after obtaining the business license through the Decree S-4217/BL/2008 dated 30 June 2008. The effective date
of the Governor of Bank Indonesia No. 6/71/KEP.GBI.2004 of the merger with Lippo Bank was set on 1 November
by establishing a Sharia Business Unit. 2008 based on Deed No. 9 dated 16 October 2008 made
in the presence of Notary Dr. Amrul Partomuan Pohan,
The majority share ownership of the Bank was once S.H., LL.M., Notary in Jakarta. This merger is a major leap
transferred to the Government of the Republic of in the Southeast Asian banking sector and provides the
Indonesia through the Indonesian Bank Restructuring advantage of CIMB Niaga’s connectivity to the ASEAN
Agency (IBRA) due to the Asian financial crisis in 1998. regional network through the CIMB Group.
In 2002, CIMB Group Holdings Berhad (CIMB Group),
formerly Commerce Asset Holding Berhad, acquired CIMB Niaga provides leading banking products and
the majority share of the Bank from IBRA. In a separate services comprehensively in Indonesia, covering the
transaction, Khazanah, which is the majority shareholder consumer banking, small and medium enterprise (SME)
of CIMB Group, acquired the majority ownership of Lippo banking, commercial banking, and corporate banking
Bank on 30 September 2005. segments. These services are strengthened by reliable
treasury and capital market capabilities, transaction
In 2007, all share ownership was transferred to banking, and a branchless banking network. CIMB Niaga
CIMB Group as part of an internal reorganization to also offers sharia banking solutions through the CIMB
consolidate the activities of all CIMB Group subsidiaries Niaga Sharia Business Unit. In terms of transaction
with a universal banking platform. The majority of the banking, CIMB Niaga presents a variety of comprehensive
Bank’s shares of 92.5% are directly and indirectly owned solutions for both domestic and cross-border transaction
by CIMB Group Sdn. Bhd., which is the fifth largest needs, covering cash management, remittance, trade
universal banking group in ASEAN with an extensive finance, and value chain, to support the efficiency of
regional network, including in Indonesia, Malaysia, customers’ financial operations.
Thailand, Singapore, Cambodia, Vietnam, Myanmar, and
the Philippines. CIMB Niaga consistently provides convenience for
customers to perform various financial transactions
Khazanah, as the controlling shareholder of CIMB Niaga digitally without having to visit branch offices. For the
(through CIMB Group) and Lippo Bank since 2007, has business segment, the Bank provides the BizChannel@
taken the step of a merger to comply with the Single CIMB platform, while individual customers can utilize
Presence Policy (SPP) set by Bank Indonesia. This merger OCTO Mobile and OCTO Clicks (currently being integrated
is the first in Indonesia related to the SPP policy. into OCTO). Furthermore, CIMB Niaga continues to
strengthen its service excellence through various other
In 2008, prior to the merger, the name of PT Bank Niaga digital channels, including OCTO Pay, Digital Lounge,
Tbk changed to PT Bank CIMB Niaga Tbk (rebranding) QRIS, and other supporting facilities to deliver a fast,
based on Deed No. 38 dated 28 May 2008, made in the secure, and efficient banking experience.
presence of Dr. Amrul Partomuan Pohan, S.H., LL.M.,
Notary in Jakarta, and has received approval from the In 2025, CIMB Niaga affirmed its position as the second
Minister of Law and Human Rights of the Republic of largest privately owned bank in Indonesia based on
Indonesia through letter No. AHU-32968.AH.01.02 of total assets and the largest Sharia Business Unit (UUS)
2008 dated 13 June 2008 and Decree of the Governor of in Indonesia. Bank operates a network of 407 branch
Bank Indonesia No. 10/56/KEP.GBI/2008 dated 22 July offices—including Sharia Branches, Digital Lounges, Cash
2008. Mobile, and Kiosks—and is supported by 1,865 ATM
units, 5 Multi Denom Machine (MDM) units, 916 Cash
The Bank carried out the merger of Lippo Bank into CIMB Recycle Machine (CRM) units, and 10,775 employees
Niaga based on the Decree of the Governor of Bank spread throughout Indonesia.
Indonesia No. 10/66/KEP.GBI/2008 dated 15 October
2008 concerning “Granting of Permit for the Merger of Looking ahead, CIMB Niaga will continue to monitor
PT Bank Lippo Tbk into PT Bank CIMB Niaga Tbk” and macroeconomic developments and banking industry
with the receipt of the letter of the Minister of Law and dynamics to ensure that the implementation of strategies
Human Rights of the Republic of Indonesia No. AHU- and policies runs effectively. Synergy between business
AH.01.10-22669 dated 22 October 2008. units and with the CIMB Group will continue to be
strengthened to drive sustainable growth. Adhering to its
core values, CIMB Niaga remains optimistic in delivering
inclusive and competitive banking services that provide
added value to all Stakeholders.
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Name Change Information
Initial Company Name PT Bank Niaga
Deed of Establishment No. 90
Deed of Establishment Date 26 September 1955
Name Change PT Bank CIMB Niaga Tbk
Deed of Name Change No. 38
Deed of Name Change Date 28 May 2008
Notary Name Dr. Amrul Partomuan Pohan, S.H., LLM, Notaris di Jakarta
Effective Date of Name Change 13 June 2008
Ratification of Name Change Letter of the Minister of Law and Human Rights of the Republic of
Indonesia No. AHU-32968.AH.01.02 of 2008 dated 13 June 2008
Business License Approval Following Name Change Decree of the Governor of Bank Indonesia
No.10/56/KEP.GBl/2008 dated 22 July 2008
Reason for Change Adjustment to the name of the Majority Shareholder
Membership in Associations
List of industry association memberships both nationally and internationally related to the implementation of sustainable
finance and other matters, as follows:
Organization Name Membership Status
National Bank Association (PERBANAS) Active
Indonesian Payment System Association (ASPI) Active
Indonesian Credit Card Association (AKKI) Active
Indonesian Banking Dispute Resolution Alternative Agency Active
(LAPS-SJK)
Indonesian Issuers Association (AEI) Active
Indonesia’s Sustainable Finance Initiative (IKBI) Active
Indonesian Corporate Secretary Association (ICSA) Active
Communication Forum of Banking Compliance Directors (FKDKP) Active
ACI Financial Market Association (ACI FMA) Indonesia Active
Indonesian Bankers Association (IBI) Active
Indonesian Chamber of Commerce & Industry (KADIN) Active
Communication Forum for Director of Banking Operational (FKDOP) Active
Indonesian Employers’ Association (APINDO) Active
Indonesian Banking Human Capital Forum (FHCPI) Active
Perkumpulan Chief Information Officer Indonesia (iCIO) Active
IIGMA Pasar Global Syariah Indonesia Active
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Milestones
01 02 03
1955 1973-1983 1987
Established under the name Merged with: The first bank to
of PT Bank Niaga. • Bank Agung in 1973. launch an ATM.
• Bank Tabungan Bandung in 1978.
• Bank Amerta in 1983.
07 08 09
2004 2005 2008
Launched Sharia Banking. Rights Issue • Name change to PT Bank CIMB Niaga Tbk.
Rp1.3 trillion. • Effective merger between CIMB Niaga & Lippo Bank.
13 14 15
2014 2016 2017
Launched the first online time • Implemented “Core Banking • Established 2nd call center in Yogyakarta.
deposits opening in Indonesia System” using one platform • Launched Indie Account saving product.
through CIMB Clicks. (”1P) scheme. • Launched BizChannel@ CIMB for corporate
• Launched Visa Credit Card customers.
Pay Wave Card and sticker • Launched New Go Mobile services.
(contactless).
19 20 21
2021 2022 2023
Launched OCTO Friends, a referral • OCTO Card Launch • Launched New OCTO Mobile
application for CIMB Niaga • Won the ASEAN Top 20 PLCs Award • Grand Champion of 2022 Annual Report
products. in the 2021 ASEAN Corporate Award.
Governance Scorecard Award.
74 PT BANK CIMB NIAGA TBK 2025 Annual Report
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Supporting Business Corporate Corporate Social Other Financial
Report Governance Responsibilities Corporate Data Statement
04 05 06
1989 1991 2002
Initial Public Offering (IPO) The first bank to provide CIMB Group took over 50.99%.
in the Surabaya Stock Exchange. Online Banking services.
10 11 12
2010 2012 2013
Launched BizChannel • Launched new mobile banking • Launched Digital Lounge.
and CIMB Clicks internet banking platform - Go Mobile. • Launched Rekening Ponsel.
platforms. • Launched Phone Banking service • Launched Poin Xtra.
14041 and Preferred Phone • Launched Net Banking - online.
Banking 1 500 800 with various account opening.
exclusive features.
16 17 18
2018 2019 2020
• Became the first Public Company in • Launched the Self-Service Banking • The Go Mobile app transformation
Indonesia to conduct shareholders engine with new features, namely card into OCTO Mobile with full features
electronic voting (e-voting) at the replacement and fast data updating in like the Super App.
General Meeting of the Shareholders. just 5 minutes. • Launched OCTO Clicks, enhancement
• Launched Precious Card credit card. • Launched the Waqf QR. of CIMB Niaga internet banking
• Launched Debit Contactless. utilizing the latest advanced features.
• Digital Lounge@Campus.
22 23 2025
• Launch of Forward30, as CIMB Niaga’s long-term strategy, affirming the Bank’s
2024 transformation toward more sustainable and customer-oriented growth.
• Rebranding of OCTO into an integrated digital ecosystem to deliver a
Non Pre-emptive Rights Issue.
Simpler, Better, and Faster banking experience, while simultaneously
strengthening the Bank’s digital transformation acceleration.
PT BANK CIMB NIAGA TBK 2025 Annual Report 75
Page 78
Performance Management Company Management Risk
Highlights Reports Profile Discussion & Analysis Management
Corporate Vision, Mission, Culture, and Core Values
VISION
C I MB N iaga i s com m itted to
e mpow er i n g C u s tom ers and the
In don e si a n S oc i ety to achie v e the ir
D r e a m s an d A spi r a ti ons.
MISSION
CIMB Ni ag a p rovide s f in a n c i al se r v i ce s tai l o r e d
to the n eed s of in divid u a l a n d b u si n e ss
cu stomers, w h ile a d va n cin g th e I n d o n e si an
S oci ety throu g h a s in ce re c o m m i tm e n t to wo r k
from h ear t.
Review Vision
and Mission
CIMB Niaga has reviewed the suitability of the Company’s Vision and Mission for the current
state of the Bank and future business challenges. Based on the review conducted in 2025, the
Bank renewed its Vision and Mission to be align with its purpose and strategy. The new Vision
and Mission was approved by the Board of Directors meeting on 24 September 2025 and the
Board of Commissioners meeting on 31 October 2025.
76 PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 79
Supporting Business Corporate Corporate Social Other Financial
Report Governance Responsibilities Corporate Data Statement
Corporate Identity (Logo)
Logomark Logotype
P
PASSION
We pursue excellence
in all we do and deliver
beyond the ordinary.
E I
LOGO
Spot Colour: 4-Colour Process (CMYK):
Pantone 202C
®
C 0% M 100% Y 85% K 60%
Pantone® 485C C 0% M 100% Y 100% K 0%
ENABLING TALENT INTEGRITY &
Our commitment is to ACCOUNTABILITY
empower and develop Our commitment is to
every employee and act in an ethical and
strive to be the best trustworthy manner and
place for the best talent. be accountable of all of
our actions.
EPICC Greyscale:
Black 100%
Black 50%
C C The official CIMB Niaga logo consists of 2 (two) main elements, namely the logomark and logotype, where these two
elements are a single logo that cannot be separated. The CIMB Niaga logo is specifically designed to capture the identity
and values of the Company.
COLLABORATION CUSTOMER CENTRICITY
We commit to team over Our determination is to Separately, these two elements have the following meanings:
individual success, as put customers first and
CIMB Niaga’s success is always do right by them.
• Logomark
my success as well as our
collective success. The logo symbol is an arrow motif formed with square graphics. This symbol illustrates the Company’s values and
spirit to always think and step forward.
• Logotype
Serves to strengthen the logomark as a descriptive word. All logotypes have the initials ‘CIMB’ and the suffix ‘Niaga’.
To ensure quality and consistency, the official CIMB Niaga logo cannot be changed or modified.
PT BANK CIMB NIAGA TBK 2025 Annual Report 77 PT BANK CIMB NIAGA TBK 2025 Annual Report 78
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Performance Management Company Management Risk
Highlights Report Profile Discussion & Analysis Management
Organization Structure
General Meeting of Shareholders
(GMS)
Risk Management Committee Asset & Liability Committee Information Technology Credit Policy Committee Executive Credit Committee President Director
Steering Committee Sharia Supervisory Board
(RMC) (ALCO) (CPC) (ECC) Lani Darmawan
(ITSC)
Chairwoman Chairwoman Chairwoman Chairwoman Chairman
Lani Darmawan Lani Darmawan Lani Darmawan Lani Darmawan Rusly Johannes
Vice Chairman 1 Vice Chairman 1 Vice Chairman 1 Vice Chairman 1 Vice Chairman 1
Henky Sulistyo Lee Kai Kwong Rico Usthavia Frans Henky Sulistyo Henky Sulistyo
Vice Chairman 2 Vice Chairman 2 Vice Chairman 2 Vice Chairman 2 Vice Chairman 2
Lee Kai Kwong John Simon Lee Kai Kwong Noviady Wahyudi Tjahyadi Yapeter
Member Member Member Member Member
1. Rico Usthavia Frans 1. Henky Sulistyo 1. Henky Sulistyo 1. John Simon 1. Pandji P. Djajanegara
2. John Simon 2. Rusly Johannes 2. Noviady Wahyudi 2. Rico Usthavia Frans 2. Megawati Sutanto*
3. Noviady Wahyudi 3. Noviady Wahyudi 3. John Simon 3. Fransiska Oei 3. Miranty Supardi
4. Fransiska Oei 4. Pandji P. Djajanegara 4. Pandji P. Djajanegara 4. Lee Kai Kwong 4. Christian Prajitno
5. Pandji P. Djajanegara 5. Rusly Johannes 5. Pandji P. Djajanegara 5. Kwok Budy Setiawan
6. Rusly Johannes Secretary 6. Fransiska Oei 6. Rusly Johannes 6. Hartanto Kurniawan August
7. Joni Raini Garry Kamil 7. Joni Raini 7. Joni Raini Saputro
8. Megawati Sutanto 8. Antonius Gunadi 8. Megawati Sutanto
9. Antonius Gunadi 9. Budiman Tanjung 9. Budiman Tanjung
10. Budiman Tanjung 10. Santori Malinton 10. Antonius Gunadi* *
Special member for Restructuring
(also serving as Secretary) Proposal, High Watch List and
Secretary 11. Hartono Agus *
Non-Voting Member Impaired Loan
Alvin S. Wirjapranata
Secretary
Wahdinie Musmar
Consumer Banking Business Banking Treasury & Capital Market
Director Director Director
Noviady Wahyudi Rusly Johannes John Simon
Chief of Network and Digital
Banking
Budiman Tanjung
Head of Retail Deposit,
Head of Region – Jakarta A & Head of Digital Banking &
Wealth & Insurance Head of Corporate Banking Head of Trading & Structuring
Kalimantan Contact Center
Business Miranty Supardi Ferdinand R. W.
Evita Barliana Lusiana Saleh
Ariteguh Arief
Head of Credit Card,
Head of Treasury Sales &
Head of Region – Jakarta B Head of Non Branch Channel Merchant & Personal Head of Commercial Banking
Distribution
Adeline Hendarto T. Heintje Mogi Financing Business Christian Prajitno
Hernaman Tandianto
Trisna Lucia M. Siahaan
Head of Secured Lending
Head of Risk Control Unit & Head of Money Market &
Head of Region – Sumatera Business & Consumer Credit Head of Financial Institution
Governance (NDB) Funding
Irwan Underwriting Linda Marshelia
Juto Budihardjo Sudarmi
Djojo Boentoro
Head of Region - Jawa Barat &
Head of NDB Business Head of Consumer Head of RCU & TCM PB Risk
Jawa Tengah Head of Transaction Banking
Strategy & Performance Collection & Recovery Analytic
Andiko S. Ben Asa Manik Joni Hermanto
Dea Nurani Banyon Anantoseno Daniel E. Hutapea
Head of Branch Head of Customer Segment
Head of Region – Jawa Timur Transformation & Sales & Strategic Business Head of Digital Economy Economist
Rhena Octaria Service Management Development Dedy Sahat Mika Martumpal
Gerry S. Tenges Wijaya Handoyo Jo
Head of Business Banking AQ,
Head of Region – Indonesia Head of Business
Sustainable Finance, Loan Agency Head of Treasury Islamic
Timur & Bali Nusra Performance Management
and Government Relations Citra Kurniawati
H Ahmad S. Ilham Aris Susanta
Chialmi Dialdestoro
Head of Marketing, Brand & Head of Risk Control Unit
Head of Private Banking
Customer Experience (Business Banking)
Julyana
Amir Widjaya Ratri Setyorini
Head of Risk Control Unit
(Consumer Banking)
Maya Latif
79 PT BANK CIMB NIAGA TBK 2025 Annual Report 80 PT BANK CIMB NIAGA TBK 2025 Annual Report
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Supporting Business Corporate Corporate Social Other Financial
Report Governance Responsibilities Corporate Data Statement
Integrated Governance Chairman
Committee Dody Budi Waluyo
Member Member Member Member Member
Serena K. Ferdinandus Achiran Pandu Djajanto Yulizar D. Sanrego Endang Kussulanjari S. Angelique Dewi Daryanto
Nomination & Remuneration Chairwoman
Committee Sri Widowati
Member Member Member
Didi Syafruddin Yahya Glenn M. S. Yusuf Nora Joice Kimbal
Board of Commissioners
Risk Oversight Chairman
Committee Glenn M. S. Yusuf
Member Member Member Member Member Member
Didi Syafruddin Yahya Vera Handajani Farina J. Situmorang Dody Budi Waluyo Ronald T. A. Kasim Angelique Dewi Daryanto
Chairman
Audit Committee Dody Budi Waluyo
Member Member Member
Glenn M. S. Yusuf Endang Kussulanjari S. Angelique Dewi Daryanto
Sharia Banking Risk Management Operations, Technology, Compliance, Corporate Affairs Human Resources Strategy & Finance
Director Director Analytics & AI Director & Legal Director Director Director
Pandji P. Djajanegara Henky Sulistyo Rico Usthavia Frans Fransiska Oei Joni Raini Lee Kai Kwong
Chief Special Asset
Chief Audit Executive
Officer
Antonius Gunadi
Megawati Sutanto
Head of Audit
Head of Sharia Head of Operational Risk Head of Loan Workout Head of Legal/ Head of HRBP 1 Head of Emerging
Head of Central Operations Head of Finance (Business Banking &
Business Banking Management (Corporate Banking) General Counsel & Employee Relations Business Banking
Tajindra Pal Singh Stella Fiona Consumer Banking)
Ady Suryawijaya Yatim Julyus Wiantara, Tjhioe Lucia Arianti G. Surya Kirana Sulistiyo Pribadi Wijayanti K. Tony Tardjo
Banar Gratianus
Head of Sharia Consumer Head of Risk Analytics, Head of Loan Workout Head of Non-Retail Credit Head of Compliance Head of HRBP 2 Head of Operational Head of Audit
Banking & EBB Infrastructure & Sharia (COMBA & EBB) Administration Management &Talent Partnership Accounting (Professional Practices)
Bung Aldilla Jemy K. Soegiarto Lena I Gusti Ngurah Dwi S. Liston Siahaan Solihin Hakiekie Ria Yohanita Elisa Gunawan
Head of Sharia Risk Control, Head of Non-Retail Head of Strategic Head of Audit
Head of Foreclosed Asset & Head of OTAA Risk Control Unit Head of HRBP 3
Governance, Business Solution & Credit Policy and Head of Anti Money Laundering Procurement, Facility (Technology Assurance & Data
Business Planning & Strategic Risk Analytics & Mass Resourcing
Process Excellence Assurance Testing Peter Gunawan Management & Financial Analytics)
Paskalina Singara Magdalena* Andi I. Dalimunthe
Hotamawaty Wahdinie Musmar Conglomeration Fransiska Liminda H.
Albert Suhandinata
Head of HR Strategy, Head of Audit
Head of Retail Credit Head of OTAA Office, Cost Head of Corporate
Head of Advisory & Legal Talent, Culture & (Operation, Network
Risk Management Management & Analytics Secretary Head of Capital & Balance
Syamsul Aidi B. Organization Excellence & Syariah)
Koei Hwei Lien Magdalena Fransiska Oei* Sheet Management
Eric G. Kosasih Lydiya Widjaja
Garry J Kamil
Head of Sharia Strategy, Head of Good
Head of Market Risk Head of Learning & Head of Audit
Performance, Reporting, Analytics, Head of Information Technology Corporate Governance &
Management & Model Validation Development (TB, Products & Enablers)
& Transformation Santori Malinton Sustainability Head of Tax Management
Diva Mahdi Muhammad Shodiq Albert Agustius
Ahmad Nasihi Ulil Amri Lina Debby Maulidya S.
Head of Performance,
Head of ALM Risk Head of Information Security
Rewards & Budgeting Head of Transformation &
Sandi Maruto Hartono Agus
Livia Sutanto Strategy Office
Eric Augie Saputra
Head of Non-Retail Credit Risk Head of HR Shared
Head of Data, Analytics & AI
Management Services & MIS Head of Risk Control Unit
Billie Setiawan
Tjahjadi Yapeter Nora Joice Kimbal (Strategy & Finance)
Faizin Setiadi
Head of Anti Fraud Management Head of HR Risk Control Unit
Dwi Novi Kusumawati Nugroho A. Wibowo
Keterangan:
D-0/Director
D-0/Chief
*
Interim
D-1
PT BANK CIMB NIAGA TBK 2025 Annual Report 81 PT BANK CIMB NIAGA TBK 2025 Annual Report 82
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Performance Management Company Management Risk
Highlights Report Profile Discussion & Analysis Management
CIMB NIAGA PRODUCTS AND SERVICES • API (Application Programming Interface) – SNAP (Standar
Line of Business Nasional Open API Pembayaran) consisting of:
o API External Account Inquiry
SAVINGS PRODUCTS
• CIMB Junior o API Trigger Interbank (BI Fast/GPN)
• Indie Account o API SKNBI
• OCTO Savers o API RTGS
• Xtra Savers o API Transaction Status Inquiry
BUSINESS ACTIVITIES PURSUANT TO 8. Provide safe deposit boxes to store valuable goods o API Balance Inquiry
• Xtra Saver Manfaat
ARTICLES OF ASSOCIATION and commercial papers; • Tabungan Investor o API Transaction History List
According to the most recent CIMB Niaga Articles of 9. Perform custodian activities for the interest of other • TabunganKu o API QRIS MPM Acquiring- Query Payment
parties based on an agreement; • Tabungan SimPel (Student Savings) o API QRIS MPM Acquiring-Refund Payment
Association, CIMB Niaga was established with the goal
• Xtra Pandai o API QRIS MPM Acquiring-Payment Notify
and objective of carrying out business activities in the 10. Place funds from a customer to another customer o API QRIS CPM Acquiring
• GOAL Savers
Commercial Banking sector, as stated in Deed No. 54 in the form of commercial papers not listed on stock • Deposito Berjangka o API VA Inquiry
dated 25 October 2024, made in the prrsence of Ashoya exchanges; • Giro o API VA Payment
Ratam, S.H.,M.Kn., Notary in the Administrative City 11. Perform factoring activities, credit card business, and • Giro Bebas Biaya o API VA Payment Status
• Giro Usaha o API Inquiry VA Payment to VA from Intrabank
of South Jakarta.In order to achieve these goals and trusteeship activities;
• Giro Kartini o API Inquiry VA Payment to VA from Interbank
objectives, CIMB Niaga may engage in the following main 12. Perform activities in foreign exchange in compliance o API Account Binding o API Direct Debit Payment
• Giro Vostro
and supporting business activities: with the provisions stipulated by Bank Indonesia and • Giro BPR o API OctoPay Creation
Financial Services Authority (OJK); • Giro Perisai BPJSTK o API OctoPay Inquiry
13. Perform sharia-compliant banking activities in • Giro Devisa Hasil Ekspor Sumber Daya Alam o API OctoPay Binding
MAIN BUSINESS ACTIVITIES o API OctoPay Binding Inquiry
compliance with the provisions stipulated by Bank • Giro Pemerintah
1. Collect funds from the public in the form of deposits, o API OctoPay Unbiding
• Giro Agency
namely current accounts, time deposits, certificates Indonesia and Financial Services Authority (OJK); • Giro Custody o API OctoPay Verified OTP
of deposits, saving accounts, and/or other equivalent 14. Perform marketing agency activities for nonbanking • Giro Investor o API OctoPay Balance Inquiry
forms, both in Rupiah and foreign currencies; products such as insurance, mutual funds, o API OctoPay Transaction History List
SHARIA SAVINGS PRODUCTS o API OctoPay Notify
2. Provide loans, either long-term, medium-term, or government bonds, or others pursuant to regulations.
• Tabungan iB Pahala Wadiah/Mudharabah (IDR/USD) o API OctoPay OTP
short-term, or loans in other forms that are commonly • Tabungan iB Payroll Mudharabah o API Mastercard Send Payment
provided in the banking sector, both in Rupiah and SUPPLEMENTARY BUSINESS ACTIVITIES • Tabungan Investor iB o API offline Credit Card Payment
foreign currencies; 1. Purchase through auctions or by other means, • Xtra Savers iB o API QRIS Cash Out
collateral either wholly or partially in terms of the • Xtra Savers iB Valas o API ATM/Branch Locator
3. Issue acknowledgment of indebtedness (debt
• Deposito iB IDR/USD o API Calculator
instruments); debtors default on their obligations to the Bank, • API offline Credit Card Payment
• Goal Savers iB IDR/USD
4. Purchase, sell, or collateralize at its own risk or for the under the condition that the purchased collateral is • Octo Savers iB o API QRIS Cash Out
interest and as per instruction of its customers: required to be immediately disbursed; • Octo Savers Jr iB o API ATM/Branch Locator
2. Perform capital investment in a bank or other financial • TabunganKu iB o API Calculator
a. Commercial bill of exchange including • API Digital Account Opening Octosavers (NTB Savings)
institution, such as leasing, venture capital, consumer • SImpanan Pelajar (Simpel) iB
those,accepted by banks with validity periods • Giro iB Wadiah • API Digital Form Rekening Dana Nasabah (RDN)
financing, securities or insurance companies or in a • API Digital Form Rekening Dana Lender (RDL)
no longer than the customary commercial • Giro iB Wadiah Investor
clearing and guarantee institution, and settlement • Giro iB Wadiah Agency • API Account Opening Status
instruments; • API Account Opening Supporting Document
and custodian institutions in accordance with Bank • Giro iB Wadiah Custody
b. Acknowledgment of indebtedness and other Indonesia and OJK regulations; • Giro iB Wadiah Perisai BPJSTK • API Forex(Today)- Market Rate Inquiry
commercial papers with validity periods no longer • Giro iB Wadiah Devisa Hasil Ekspor Sumber Daya Alam • API Forex (Today)- Fund Transfer Settlement
3. Perform temporary capital investments to manage the • API Forex for Streaming
than the customary commercial instruments; • Giro iB Wadiah Bank (Vostro)
consequences of default, or sharia-based financing • Giro iB Mudharabah • API Time Deposit Inquiry List
c. State treasury notes and government guarantee default, under the condition that the investment shall • Giro iB Mudharabah Usaha • API Time Deposit Inquiry Detail
instruments; be withdrawn in compliance with Bank Indonesia • Giro iB Mudharabah Kartini • API Utility Payment
• Giro iB Mudharabah BPR o API Bill Payment Smartfren
d. Bank Indonesia Certificates (SBI); and/ or OJK regulations;
• Giro iB Mudharabah Investor o API Bill Payment Telkom
e. Bonds; 4. Act as pension fund founder and pension fund o API Bill Payment PDAM
• Giro iB Pemerintah
f. Promissory notes valid up to 1 (one) year pursuant manager pursuant to the laws and regulations o API Bill Payment PBB
concerning pension funds; ELECTRONIC ACCESS FACILITIES o API Bill Payment BPJS Kesehatan
to prevailing laws and regulations; o API Bill Payment PLN PrePaid
5. Perform other supporting activities to sustain • Contact Center CIMB Niaga: 14041/+6221- 29978888 (from
g. Other commercial instruments valid up to 1 (one) overseas) o API Bill Payment Postpaid
the Bank’s main business activities as commonly • API Corporate Credit Card VCN Inquiry
year, pursuant to prevailing laws and regulations. • Contact Center BizChannel@CIMB: 14042
performed by a bank as long as they do not • Preferred Assistant • API Corporate Credit Card VCN inquiry Transaction
5. Transfer funds in the interests of both the bank and
contravene any laws and regulations. • Debit Card History Detail
its customers; • API eSupply Chain Financing [LGW1]- Invoice Submission
• Automatic Teller Machine (ATM)
6. Place funds in, borrow from, or lend to other banks • API eSupply Chain Financing [LGW2]- Invoice Detail
BUSINESS ACTIVITIES CONDUCTED IN THE • Cash Recycling Machine (CRM)
Inquiry
using notes, telecommunication devices, sight drafts, • Multi-Denom Machine (MDM)
2025 FINANCIAL YEAR • API eSupply Chain Financing [LGW3]- Cancellation
checks, or any other means; • Electronic Data Capture (EDC)
As of 31 December 2025, CIMB Niaga has carried out • OCTO Merchant • API eSupply Chain Financing [LGW4]- Account Inquiry
7. Accept payments from commercial paper and Detail
all of its business activities in accordance with the • Payment Gateway (PG)
perform calculations with or among third parties; • QRIS (Static and Dynamic) • API CoBrand Integration Personal Loan
guidelines stipulated in the Bank’s most recent Articles
• OCTO Clicks • Bulk Payment
of Association. • e-Chain
• OCTO Mobile
• OCTO Biz • e-Factoring
• BizChannel@CIMB • e-Notification
• BizChannel@CIMB Mobile • e-Statement & e-Combine Statement
• Account Balance Consolidation • e-Tax Payment
• OCTO Pay (e-Money)
• Video Banking
• Digital Lounge
• Domestic and International Transfers
• Cardless Cash Withdrawals and Deposits
83 PT BANK CIMB NIAGA TBK 2025 Annual Report 84 PT BANK CIMB NIAGA TBK 2025 Annual Report
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Supporting Business Corporate Corporate Social Other Financial
Report Governance Responsibilities Corporate Data Statement
• Bills Payment & Top Up (Phone Credit, Internet/Data, • Forfaiting
PLN, and e-Wallet) • Risk Participation
• Corporate Credit Card Virtual Card Number (VCN) • Bank Notes
• Virtual Card Number (VCN) • FX Today/Tom/Spot
• Account Opening (Rupiah and foreign exchange), Credit • FX Forward
Cards, Mutual Funds, Bonds, Insurance and Time • FX Swap
Deposits Online • Par Forward
• Bulk Transactions & Scheduled Transactions • Domestic Non Deliverable Forward
• Financial Check-Up: See Total Fund Placement, and • Local Currency Settlement
Outgoing/Incoming Money Flows • FX Option
• Pay with OCTO Mobile with Scan QRIS • Call Spread Option
• Foreign Exchange Transactions to Own Accounts at • Interest Rate Swap
Competitive Rates • Cross Currency Swap
• Travel Concierge: Buy Airline Tickets Through the Mobile • Interest Rate Option
Banking Application • Jual Beli Obligasi Pemerintah dan Korporasi
• Buy Games Vouchers • Retail Bond
• Checks and Points Xtra Transactions (Loyalty Points) • Bond Investment
• Cash Plus facility via OCTO Mobile/Clicks • Repo/Reverse Repo
• Installment facility via OCTO Mobile/Clicks • Bond Forward Casa
• Credit Protector registration facility via OCTO Mobile • Bond Link Investment
• OCTO Cash • Bond Link Deposit
• OCTO Card (Digital Credit Card) • Market Linked Deposit
• Waqf • SWAP Depo
• Visa Direct Credit Card Bill Payment • Strike Currency
• Call Money
INDIVIDUAL LOANS • Negotiable Certificate of Deposit
• Mortgage • Forward Goal Saver
• Auto Loan Joint Financing • Bank Indonesia Rupiah Securities (SRBI)
• Consumer loan products with cash and securities as • Bank Indonesia Foreign Exchange Securities (SVBI)
collateral (Personal Credit Line) • Bank Indonesia Foreign Currency Sukuk (SUVBI)
• Xtra Dana (Personal Loan) • Sustainability Linked Loan/Financing
• Credit Card • Sustainable Financing
• Xtra Kasbon • Corporate Credit Card
• OCTO Loan
SHARIA BUSINESS, TREASURY, AND CORPORATE
INDIVIDUAL SHARIA FINANCING BANKING
• Mudharabah Muqayyadah • Working Capital Financing iB and USD Working Capital iB
• Mortgage iB • Investment Financing iB and USD Investment iB
• Indirect Auto Financing iB • Current Account Financing (PRK) iB
• Xtra Dana iB (Personal Financing iB) • FX Today/Tom/Spot
• Sharia Credit Card • Sharia Hedging
• Bank Notes
BUSINESS, TREASURY, AND CORPORATE BANKING • Buying and Selling Sukuk
• Working Capital Loan • Issuance of Sukuk Mudharabah
• Investment Loan • Bank Guarantee iB
• Syndicated Loan • Custom Bond iB
• Partnership (Linkage Program) • Demand Guarantee iB
• Trustee & Agency Services • Counter Guarantee iB
• Custodian Services • Shipping Guarantee iB
• Payment Bank • Standby Letter of Credit iB
• Investor’s Fund Account Administrator Bank • Letter of Credit (LC) Ib / iB Domestic Documented Letter of
• Intraday Credit (SKBDN).
• Value Chain - Buyer Community Financing o Sight
• Value Chain - Supplier Community Finance o Usance
• Factoring o Usance Payable At Sight (UPAS)
• Bank Guarantee o Usance Payable At Usance (UPAU)
• Custom Bond • Trust Receipt iB
• Demand Guarantee • Letter of Credit/SKBDN iB Forwarding
• Counter Guarantee • Letter of Credit/SKBDN iB Transfer
• Shipping Guarantee • SKBDN iB Negotiation/Discounting with Facilities
• Standby Letter of Credit • SKBDN iB Negotiation/Discounting without Facilities
• Letter of Credit (LC)/Domestic Letter of Credit (SKBDN) • Inward/Outward Documentary Collections - D/P iB and
o Sight D/A iB
o Usance • Account Receivable Trade Financing iB
o Usance Payable At Sight (UPAS) • Account Payable Trade Financing iB
o Usance Payable At Usance (UPAU) • Pre-Shipment Financing iB - Salam
• Inward/Outward Documentary Collection-D/P and D/A • Supply Chain Financing iB
• Trust receipt
• Letter of Credit/SKBDN Advising OTHER SERVICES
• Letter of Credit/SKBDN Transfer • Bank Draft
• SKBDN Negotiation/Discounting with Facilities • Domestic and International Transfers
• SKBDN Negotiation/Discounting without Facilities • Safe Deposit Box
• Pre-Shipment Financing • Preferred Collection Services
• Account Receivable Trade Loan • Cash Mobile
• Account Payable Trade Loan • Cash Pick Up & Delivery
• Confirmation LC/SKBDN • Corporate Credit Card
• Avalisasion • Virtual Account
PT BANK CIMB NIAGA TBK 2025 Annual Report 85
Page 84
Performance Management Company Management Risk
Highlights Reports Profile Discussion & Analysis Management
Business Network and Operating Areas
North Sumatra
North Kalimantan
Central Kalimantan
Riau Islands
Riau
West Kalimantan
Nanggroe Aceh Jambi
Bangka
Darussalam Belitung Islands
West Sumatra
South Sumatra
Jakarta South Kalimantan
West Java
Central Java
Lampung
Bali
Banten
Yogyakarta
Sumatera
Sumatera East Java
Aceh 2
West Nusa Tenggara
West Sumatera 4
South Sumatera 7
Kalimantan
North Sumatera 24
Riau Islands 8 West Kalimantan 3
Riau 9 South Kalimantan 3
Jambi 2 Central Kalimantan 1
Bangka Belitung Islands 1 North Kalimantan 8
Lampung 4 East Kalimantan 1 Sulawesi
South Sulawesi 7
Jawa Bali South-East Sulawesi 1
Banten 20 Bali 10 North Sulawesi 2
West Java 68
DKI Jakarta 100
Nusa Tenggara Maluku and Papua
DI Yogyakarta 13
Central Java 42 West Nusa Tenggara 3 Maluku 1
East Java 56 East Nusa Tenggara 1 Papua 6
86 PT BANK CIMB NIAGA TBK 2025 Annual Report
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Supporting Business Corporate Corporate Social Other Financial
Report Governance Responsibilities Corporate Data Statement
TOTAL
East Kalimantan
North Sulawesi
Maluku 394 Office Network*
Papua
South-East Sulawesi
South Sulawesi
East Nusa Tenggara
ATM CRM MDM
1,865 Units
916 Units
5
Units
Branches Digital Lounges Cash Mobiles Kiosks
394 Offices
38
Location
33
Cars
24
Kiosks
*
Includes Sharia Branch, Digital Lounges, Cash Mobile, and Kiosk.
PT BANK CIMB NIAGA TBK 2025 Annual Report 87
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Board of Commissioners’ Profiles
Educational Background
Master of Arts in Economics from University of Cambridge, United Kingdom (1992)
Bachelor of Arts in Economics from University of Cambridge, United Kingdom (1989)
Work Experiences
Independent Non-Executive Director of CIMB Group Holdings Berhad (2019-January 2026)
Independent Commissioner of PT XL Axiata Tbk (2024-2025)
Commissioner of PT Bank CIMB Niaga Tbk (2019-2020)
Independent Non-Executive Director of CIMB Investment Bank Berhad (2017-2022)
Managing Director, Head of Investment Banking of JP Morgan Malaysia (2005-2016)
Vice President, Investment Banking of JP Morgan Indonesia (formerly Jardine Fleming (1993-2005)
Manager at Morgan, Grenfell & Co., London, UK and Jakarta, Indonesia (1992-1993)
Senior Auditor at Arthur Andersen & Co., London, UK (1989-1992)
Concurrent Positions
Other Public Companies (in Indonesia and/or abroad)
Non-Independent Director of CIMB Group Holdings Berhad (January 2026-present)
Independent Non-Executive Director of Axiata Group Berhad (2025-present)
Other Companies and Institutions
Didi Syafruddin Yahya Does not hold concurrent positions, whether as a member of the Board of Directors, a member of the
President Commissioner Board of Commissioners, a committee member, or any other position in other companies or institutions.
Legal Basis of Appointment
First appointed as Commissioner of CIMB Niaga based on the resolution of the AGMS on 15 April 2019
and effective 20 November 2019. Appointed as President Commissioner based on resolution of the
Age 58 years old AGMS on 9 April 2020 and effective 7 July 2020 and last appointment as President Commissioner of CIMB
Niaga based on the Resolution of the AGMS on 10 April 2023.
Gender Male
Affiliated Relationship
Nationality Indonesia Has no affiliation with other members of the Board of Commissioners, members of the Sharia
Supervisory Board, and members of the Board of Directors, but he is affiliated with the Ultimate and
Domicile Malaysia Controlling Shareholders.
Term of Office 2023-2026 Education and Training in 2025
Education and training in 2025, is presented separately in the Education and Training of the Board of
Commissioners section in this Annual Report.
Certification
Risk Management Level 6, issued by the Banking Professional Certification Institute (LSPP) on 23
September 2024 and has undergone the latest maintenance program on 10 April 2025.
Educational Background
Master in Business Management from Asian Institute of Management, Makati, Philippines (1981)
Bachelor of Arts in Economics from the University of the Philippines, Manila, Philippines (1979)
Work Experiences
Vice President Commissioner of CIMB Niaga (2012-2019)
Commissioner of CIMB Niaga (2010-2012)
Independent Non-Executive Director of CIMB Group Holdings Berhad (2010-2019)
President Director of PT Pabrik Kertas Basuki Rachmat (2010-2011)
Commissioner of PT Surya Citra Media Tbk (2004-2012)
President Commissioner of PT Polyprima Karyareksa (2004-2010)
President Director/CEO of PT London Sumatera Indonesia Tbk (2003-2007)
Head of the Assistance Team for the Minister of Finance for Financial Sector Restructuring at the
Ministry of Finance of the Republic of Indonesia (2001-2004)
President Director of PT (Persero) Danareksa (1995-2001)
Chairman of the Indonesian Bank Restructuring Agency (IBRA) (1998-2000)
Director General of Financial Institutions, Ministry of Finance of the Republic of Indonesia (1998)
Director of PT Bahana Pembinaan Usaha Indonesia (1994-1995)
Glenn M. S. Yusuf* Director of Finance of PT Bank Niaga Tbk (1991-1994)
Investment Banking Group Head of PT Bank Niaga (1989-1991)
Vice President Commissioner GM of Los Angeles Agency of PT Bank Niaga (1985-1989)
(Independent) Manager of Capital Markets Group at Citibank, NA (1981-1985)
Leasing Officer at Citilease (1981-1985)
Concurrent Positions
Age 70 years old Other Public Companies (in Indonesia and/or abroad)
Independent Commissioner of PT Surya Citra Media Tbk (2012-present)
Gender Male Other Companies and Institutions
Does not hold concurrent positions, either as a member of the Board of Directors, a member of the
Nationality Indonesia Board of Commissioners, a committee member, or any other position in other companies or institutions.
Domicile Jakarta Legal Basis of Appointment
Appointed as Vice President Commissioner (Independent) of CIMB Niaga for the first time based on
Term of Office 2024-2027 the Resolution of the AGMS on 9 April 2020 and effective on 16 September Last appointment as Vice
President Commissioner (Independent) of CIMB Niaga based on the Resolution of the AGMS on 3 April
2024.
*
Appointed as Senior Independent
Commissioner of the Bank through CIMB Affiliated Relationship
Niaga Board of Commissioners Circular Has no affiliation with other members of the Board of Commissioners, members of the Sharia
Decree No. 011/DEKOM/KP/V/2024 dated Supervisory Board, and members of the Board of Directors or Ultimate and Controlling Shareholders.
6 May 2024.
Education and Training in 2025
Education and training in 2025, is presented separately in the Education and Training of the Board of
Commissioners section in this Annual Report.
Certification
Risk Management Level 6, issued by the Banking Professional Certification Institute (LSPP) on 23
September 2024 and has undergone the latest maintenance program on 10 April 2025.
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Educational Background
Master of Science in Finance from the University of Denver Colorado, United States (1992)
Bachelor of Business Management from Trisakti University (1990)
Work Experiences
Vice President Marketing Danone Specialized Nutrition (SN) Indonesia & Waters Indonesia (2021-2025)
Chief Growth and Digital Officer of PT Unilever Indonesia Tbk (2019-2021)
Managing Director of Facebook Indonesia (2016-2019)
Vice President of Garnier South Asiaati L’Oreal Asia Pacific Singapore (2011-2015)
Head of Garnier International Marketing ASEAN of L’Oreal Asia Pacific Singapore (2011-2012)
Regional Category Director of Unilever Asia Pacific Singapore (2008-2010)
Regional Brand Director of Vaseline & Natural brands Asia, Unilever Asia Pacific Singapore (2005-2008)
Concurrent Positions
Other Public Companies (in Indonesia and/or abroad)
Does not hold concurrent positions, either as a member of the Board of Directors, a member of the
Board of Commissioners, a committee member, or any other position in other Public Companies (in
Indonesia and/or abroad).
Other Companies and Institutions
Sri Widowati CEO of WPP Media (2025-present)
Independent Commissioner
Legal Basis of Appointment
First appointed as Independent Commissioner of CIMB Niaga based on the Resolution of the AGMS on
15 April 2019 and effective 20 November 2019 and last appointment as Independent Commissioner of
CIMB Niaga based on the Resolution of the AGMS on 10 April 2023.
Age 58 years old
Affiliated Relationship
Gender Female Has no affiliation with other members of the Board of Commissioners, members of the Sharia
Supervisory Board, members of the Board of Directors, or Ultimate and Controlling Shareholders.
Nationality Indonesia
Education and Training in 2025
Domicile Jakarta Education and training in 2025, is presented separately in the Education and Training of the Board of
Commissioners section in this Annual Report.
Term of Office 2023-2026 Certification
Risk Management Level 6, issued by the Banking Professional Certification Institute (LSPP) on 23
September 2024 and has undergone the latest maintenance program on 10 April 2025.
Educational Background
Master of Business Administration dari Kellogg-Hong Kong University of Science and Technology,
Hong Kong/USA (2013)
Bachelor of Management Economics from Trisakti University, Jakarta (1994)
Work Experiences
Director of Risk Management of CIMB Niaga (2013-2021)
Head of Operational Risk Management, Greater China and Markets Asia Pacific at Royal Bank of
Scotland, Hong Kong (2012-2013)
Head of Financial Institutions Credit & Trading Credit Risk Management, Greater China & South Korea
at Royal Bank of Scotland, Hong Kong (2010-2012)
Head of Financial Institutions Credit, South Asia at ABN AMRO Bank/The Royal Bank of Scotland, Hong
Kong (2007-2010)
Vice President, Regional Risk Asia of ABN AMRO Bank, Hong Kong (2005-2007)
Vice President, Financial Restructuring & Recovery Asia Pacific of ABN AMRO Bank, Singapura (2003-2005)
Assistant Vice President, Financial Restructuring & Recovery of ABN AMRO Bank, Jakarta (1999-2003)
Account Manager Corporate Banking of BNP Lippo, Jakarta (1997-1999)
Account Officer Corporate Banking of LTCB Central Asia, Jakarta (1995-1997)
Vera Handajani Concurrent Positions
Commissioner Other Public Companies (in Indonesia and/or abroad)
Group Chief Risk Officer of CIMB Group Holdings Berhad (2021-present)
Director of CIMB Thai Bank Public Company Limited (2022-present)
Other Companies and Institutions
Does not hold concurrent positions, either as a member of the Board of Directors, a member of the
Age 54 years old Board of Commissioners, a committee member, or any other position in other companies or institutions.
Gender Female Legal Basis of Appointment
First appointed as Commissioner of CIMB Niaga based on the decision of the EGMS on 17 December
Nationality Indonesia 2021, effective as of the closing of the EGMS and last appointment as Commissioner of CIMB Niaga
based on the Resolution of the AGMS on 14 April 2025.
Domicile Malaysia
Affiliated Relationship
Term of Office 2025-2028 Has no affiliation with other members of the Board of Commissioners, members of the Sharia
Supervisory Board, and members of the Board of Directors, but she is affiliated with the Ultimate and
Controlling Shareholders.
Education and Training in 2025
Education and training in 2025, is presented separately in the Education and Training of the Board of
Commissioners section in this Annual Report.
Certification
Risk Management Level 7, issued by the Banking Professional Certification Agency (LSPP) on May 21,
2024, and has undergone the latest maintenance program on 10 April 2025.
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Educational Background
Master of Public Administration (MPA), Harvard Kennedy School of Government, Harvard University,
USA (2024)
Master of Business Administration (MBA), Kellogg School of Management, Northwestern University,
USA (2010)
Bachelor of Social Science, Communication Studies from the University of Indonesia (2003)
Work Experiences
Chief Executive Officer & Co-Founder of Pensieve (2021-2023)
Managing Partner & Co-Founder of Catalyst Strategy (2014-2020)
Chief Marketing Officer of HARA (2018)
Market Development Lead of WhatsApp, Inc. (2014-2015)
Delivery Unit Lead for Agriculture & Forestry Task Force, Office of the Deputy of Social Welfare (2014)
Head of Digital Strategy & Campaign at Joko Widodo Presidential Election Campaign Team (2014)
Telkom Project Lead at Kinara Consulting (2013-2014)
Director, Marketing & Business Development, Asia Pacific, San Francisco at Bislr, Inc. (2013) • Global
Commercial Strategy Manager, Canada at Research in Motion/Blackberry (2010-2012)
Product Marketing Manager - Developer Tools, Indonesia at Microsoft (2007-2008)
Global Accounts Manager/Sales at IBM (2005-2007)
Farina J. Situmorang Brand Marketing, Corporate Management Associate at Nestle (2004)
Independent Commissioner
Concurrent Positions
Other Public Companies (in Indonesia and/or abroad)
Does not hold concurrent positions, either as a member of the Board of Directors, a member of the
Board of Commissioners, a committee member, or any other position in other Public Companies (in
Age 43 years old Indonesia and/or abroad)
Other Companies and Institutions
Gender Female Chairperson & Co-Founder of Pensieve (2023-Present)
Nationality Indonesia Legal Basis of Appointment
Appointed as Independent Commissioner of CIMB Niaga based on the Resolution of the AGMS on 10
Domicile Jakarta April 2023 and effective 25 January 2024.
Term of Office 2023-2026 Affiliated Relationship
Has no affiliation with other members of the Board of Commissioners, members of the Sharia
Supervisory Board, members of the Board of Directors, or Ultimate and Controlling Shareholders.
Education and Training in 2025
Education and training in 2025, is presented separately in the Education and Training of the Board of
Commissioners section in this Annual Report.
Certification
Risk Management Level 6, issued by the Risk Management Certification Agency (BSMR) on 20 December
2023 and has undergone the last maintenance program on 10 April 2025.
Educational Background
Master of Business Administration, Finance, University of Colorado, USA (1994)
Bachelor of Economics, University of Indonesia (1986)
Work Experiences
Deputy Governor of Bank Indonesia (2018-2023) and Member of the Board of Commissioners of OJK, ex-
officio BI (2019-2022)
Assistant Governor of the Department of Economic and Monetary Policy, Bank Indonesia (2017-2018)
Executive Director of the Department of Strategic Management and Governance, Bank Indonesia (2014-
2017)
Executive Director of the Department of Economic and Monetary Policy, Bank Indonesia (2013-2014)
Executive Director of the Department of Strategic Planning and Public Relations, Bank Indonesia (2012-2013)
Director of the International Department, Bank Indonesia (2010-2012)
Director of the Department of Monetary Management, Bank Indonesia (2006-2009)
Deputy Director of the Department of Economic and Monetary Statistics, Bank Indonesia (2003-2006)
Economist/ Advisor to the Executive Director, SEAVG Office, International Monetary Fund IMF, Washington
DC, USA (2000-2003)
Advisor to the Executive Director, SEAVG Office, IMF, Washington DC Bank Indonesia (2000-2003)
Assistant Director, Bureau of the Governor of Bank Indonesia (1998-2000)
Dody Budi Waluyo Economic Analysis Staff, Economic Research and Monetary Policy Affairs, Bank Indonesia (1988-1998)
Independent Commissioner
Concurrent Positions
Other Public Companies (in Indonesia and/or abroad)
Does not hold concurrent positions, either as a member of the Board of Directors, a member of the
Board of Commissioners, a committee member, or any other position in other Public Companies (in
Age 64 years old Indonesia and/or abroad)
Other Companies and Institutions
Gender Male Member of Advisory Panel, ASEAN+3 Macroeconomic Research Office (AMRO), Singapore (2023-present)
President Commissioner of PT Aplikanusa Lintasarta, Jakarta (2023-present)
Nationality Indonesia
Legal Basis of Appointment
Domicile Jakarta Appointed as Independent Commissioner of CIMB Niaga based on the Resolution of the AGMS on 3 April
2024 and effective on 21 August 2024.
Term of Office 2024-2027
Affiliated Relationship
Has no affiliation with other members of the Board of Commissioners, members of the Sharia
Supervisory Board, members of the Board of Directors, or Ultimate and Controlling Shareholders.
Education and Training in 2025
Education and training in 2025, is presented separately in the Education and Training of the Board of
Commissioners section in this Annual Report.
Certification
Risk Management Level 6, issued by the Banking Professional Certification Institute (LSPP) on 11 June
2024 and has undergone the last maintenance program on 10 April 2025.
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Educational Background
Chartered Accountants Australia and New Zealand (2006)
Master of Commerce with Merit (Finance) at The University of Sydney, Australia (2003)
Bachelor of Commerce, Accounting and Finance at The University of Melbourne, Australia (2002)
Work Experiences
Director of CIMB Investment Bank Bhd (2023-2024)
Director of CIMB Securities Sdn Bhd (February-December 2024)
Co-Chief Executive Officer of Group Wholesale Banking (GWB) of CIMB Group (2022-2024)
Chief Executive Officer of CIMB Investment Bank Berhad (2023-2024)
Head of Equity Capital Markets, Southeast Asia & Head of Investment Banking, Malaysia of J.P. Morgan
(2006-2022)
Corporate Finance of PricewaterhouseCoopers Advisory (2004-2006)
Concurrent Positions
Other Public Companies (in Indonesia and/or abroad)
Director of CIMB Group Holdings Berhad (2024-present)
Non-Executive Director of CIMB Thai Bank Public Company Limited (2025-present)
Other Institutions
Novan Amirudin Director at CIMB Bank Berhad (2024-present)
Commissioner
Legal Basis of Appointment
Appointed as Commissioner of CIMB Niaga based on the Resolution of the EGMS on 25 October 2024
and effective on 26 Februari 2025.
Age 45 years old Affiliated Relationship
Has no affiliation with other members of the Board of Commissioners , members of the Sharia
Gender Male Supervisory Board, and members of the Board of Directors, but he is affiliated with the Ultimate and
Controlling Shareholders.
Nationality Malaysia
Education and Training in 2025
Domicile Malaysia Education and training in 2025, is presented separately in the Education and Training of the Board of
Commissioners section in this Annual Report
Term of Office 2024-2027
Certification
Risk Management Level 6, issued by the Banking Professional Certification Institute (LSPP) on
25 November 2024 and has undergone the last maintenance program on 10 April 2025.
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Highlights Reports Profile Discussion & Analysis Management
Board of Directors’ Profiles
Educational Background
Bachelor of Dentistry from Trisakti University, Jakarta (1985)
Work Experiences
Consumer Banking Director at CIMB Niaga (2016-2021)
Retail Banking Director at PT Bank Maybank Indonesia Tbk (2012-2015)
Executive Vice President, Head of Network at PT Bank Permata Tbk (2010-2012)
Country Head Consumer Banking Indonesia at Standard Chartered Bank, Jakarta (2004-2010)
Vice President Consumer Banking Group Head at PT Bank Lippo Tbk (2000-2004)
Vice President Business Development & Card Acquisition at Citibank Indonesia, Jakarta (1999-2000)
Chief Manager - Deputy General Manager Card Business at PT Bank Central Asia Tbk (1990-1999)
Concurrent Positions
Other Public Companies (in Indonesia and/or abroad)
Does not hold concurrent positions, either as a member of the Board of Directors, a member of the Board
of Commissioners, a committee member, or any other position in other Public Companies (in Indonesia or
abroad).
Other Companies and Institutions
President Commissioner of PT CIMB Niaga Auto Finance (Subsidiary) (2019–present)
Lani Darmawan
President Director Legal Basis of Appointment
First appointed as Director of CIMB Niaga based on the Resolution of the AGMS on 15 April 2016 and
effective on 3 May 2016. Appointed as President Director of CIMB Niaga based on the Resolution of the
EGMS on 17 December 2021 and effective on 9 March 2022. Reappointed as President Director of CIMB
Niaga based on the Resolution of the AGMS on 14 April 2025.
Age 63 years old
Affiliated Relationship
Gender Female Has no affiliation with other members of the Board of Directors, members of the Board of Commissioners,
members of the Sharia Supervisory Board, or Ultimate and Controlling Shareholders.
Nationality Indonesia
Education and Training in 2025
Domicile Jakarta Education and training in 2025, is presented separately in the Education and Training of the Board of
Commissioners section in this Annual Report.
Term of Office 2025-2028
Certification
Risk Management Level 7, issued by the Banking Professional Certification Institute (LSPP) on 21 May
2024 and has undergone the last maintenance program on 25 March 2025.
Educational Background
Harvard Business School, Executive Education Leadership in the Digital Era (2023)
Cambridge Summer School Program, Executive Education from Cambridge University (2018)
Bachelor of Science in Finance from Indiana University of Pennsylvania, United States (1990)
Work Experiences
Head of Finance and Strategic Procurement and Admin Property Management (SPAPM) at CIMB Niaga
(2018- 2019)
Senior Managing Director, Regional Head, Consumer Business Planning and Analysis at CIMB Bank
Malaysia (2012-2018)
Senior Vice President-Head Consumer Product Management at RHB Bank, Malaysia (2010-2012)
Senior Vice President-Head of Finance and Planning at OCBC Bank, Malaysia (2007-2010)
Citibank Berhad Malaysia with the last position as Vice President-Head of Business Planning &
Analytics (1991-2007)
Concurrent Positions
Does not hold concurrent positions, either as a member of the Board of Directors, member of the Board of
Commissioners, member of a committee, or other positions in Other Public Companies (in Indonesia and/or
abroad), Other Companies and Institutions.
Lee Kai Kwong
Legal Basis of Appointment
Strategy & Finance Director
Appointed as Director of CIMB Niaga for the first time based on the Resolution of the EGMS on 19
December 2018 and effective on 24 April 2019. Last appointment as Director of CIMB Niaga based on
the Resolution of the AGMS on 14 April 2025.
Age 59 years old Affiliated Relationship
Has no affiliation with other members of the Board of Directors, members of the Board of Commissioners,
Gender Male members of the Sharia Supervisory Board, or Ultimate and Controlling Shareholders.
Nationality Malaysia Education and Training in 2025
Education and training in 2025, is presented separately in the Education and Training of the Board of
Domicile Jakarta Commissioners section in this Annual Report
Certification
Term of Office 2025-2028 Risk Management Level 7, issued by the Banking Professional Certification Institute (LSPP) on 21 May
2024 and has undergone the last maintenance program on 25 March 2025.
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Educational Background
Insead CIMB Leadership Program (2011)
Master of Business Administration from Cleveland State University, Ohio, United States (1996)
Bachelor of Commerce from University of Toronto, Canada (1995)
Work Experiences
Head of Trading & Structuring at CIMB Niaga (2007-2014)
Head of Treasury Department at RGM Group Indonesia (2005-2007)
Interbank FX & Derivatives Trader at Citibank Indonesia (2003-2005)
Commercial Banking Relationship Manager at Citibank Indonesia (2000-2003)
Treasury Marketing Unit Officer at Citibank Indonesia (1998-2000)
Concurrent Positions
Does not hold concurrent positions, either as a member of the Board of Directors, member of the Board
of Commissioners, committee member, or other positions in other Public Companies (in Indonesia and/or
abroad), other Companies and Institutions.
Legal Basis of Appointment
First appointed as Director of CIMB Niaga based on the Resolution of the AGMS on 27 March 2014 and
John Simon effective 29 August 2014. Reappointed as Director of CIMB Niaga based on the Resolution of AGMS
on 24 April 2018 and AGMS on 8 April 2022. Last appointment as Director of CIMB Niaga based on the
Treasury & Capital Markets Director
Resolution of the AGMS on 14 April 2025.
Affiliated Relationship
Has no affiliation with other members of the Board of Directors, members of the Board of Commissioners,
Age 54 years old members of the Sharia Supervisory Board, or Ultimate and Controlling Shareholders.
Gender Male Education and Training in 2025
Education and training in 2025, is presented separately in the Education and Training of the Board of
Nationality Indonesia Commissioners section in this Annual Report.
Certification
Domicile Jakarta Risk Management Level 7, issued by the Banking Professional Certification Institute (LSPP) on 17 April
2024 and has undergone the last maintenance program on 25 March 2025.
Term of Office 2025-2028
Educational Background
Business Law Course from Warnborough College, Oxford, England (1982)
Bachelor of Law from Trisakti University, Jakarta (1981)
Work Experiences
Legal, Compliance Director and Corporate Secretary, Bank Danamon Indonesia (2009-2016)
Legal, Compliance Director and Corporate Secretary, Bank International Indonesia (2005-2009)
Senior Advisor Legal & Compliance, Bank International Indonesia (2004-2005)
Commissioner, Bank Mandiri (2004-2005)
Founder & Senior Partner, LBAF Law Firm (2002-2004)
Director of Legal, Compliance, Bank International Indonesia (2000-2001)
Vice President of Legal & Compliance, Citibank NA. (1998-2000)
Legal Head Unit, Citibank NA (1984-1997)
Concurrent Positions
Other Public Companies (in Indonesia and/or abroad)
Does not hold concurrent positions, either as a member of the Board of Directors, a member of the
Board of Commissioners, a committee member, or any other position in other Public Companies (in
Fransiska Oei Indonesia and/or abroad).
Other Companies and Institutions
Compliance, Corporate Affairs Member of the Supervisory Board of the Alternative Dispute Resolution Institution for the Financial
& Legal Director Services Sector (LAPS SJK) - (2024-2027)
Legal Basis of Appointment
First appointed as Director of CIMB Niaga based on the Resolution of the AGMS on 15 April 2016 and
Age 68 years old effective 27 July 2016. Last appointment as Director of CIMB Niaga based on the Resolution of the AGMS
on 3 April 2024.
Gender Female
Affiliated Relationship
Nationality Indonesia Has no affiliation with other members of the Board of Directors, members of the Board of Commissioners,
members of the Sharia Supervisory Board, or Ultimate and Controlling Shareholders.
Domicile Jakarta
Education and Training in 2025
Term of Office 2024-2027 Education and training in 2025, is presented separately in the Education and Training of the Board of
Commissioners section in this Annual Report.
Certification
Risk Management Level 7, issued by the Banking Professional Certification Institute (LSPP) on 17 April
2024 and has undergone the last maintenance program on 25 March 2025.
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Educational Background
Master of Business Administration from Erasmus Universiteit, Rotterdam, Netherlands (1991)
Bachelor of Economics, Trisakti University, Jakarta (1989)
Work Experiences
Chief of Sharia Banking at CIMB Niaga (2015-2016)
Chief of Commercial Banking at CIMB Niaga (2014-2015)
Chief of Corporate Banking at CIMB Niaga (2011-2014)
Head of Credit Restructuring & Settlement at CIMB Niaga (2009-2010)
Joined Bank Niaga in 1992 and started his career by participating in the Executive Education Program
Concurrent Positions
Does not hold concurrent positions, either as a member of the Board of Directors, member of the Board of
Commissioners, member of a committee, or other positions in Other Public Companies (in Indonesia and/or
abroad), Other Companies and Institutions
Legal Basis of Appointment
Appointed as Director of CIMB Niaga for the first time based on the Resolution of the AGMS on 15 April
2016 and effective on 28 September 2016. Last appointment as Director of CIMB Niaga based on the
Pandji P. Djajanegara Resolution of the AGMS on 3 April 2024.
Sharia Banking Director Affiliated Relationship
Has no affiliation with other members of the Board of Directors, members of the Board of Commissioners,
members of the Sharia Supervisory Board, or Ultimate and Controlling Shareholders.
Age 61 years old Education and Training in 2025
Education and training in 2025, is presented separately in the Education and Training of the Board of
Gender Male Commissioners section in this Annual Report.
Nationality Indonesia Certification
Risk Management Level 7, issued by the Banking Professional Certification Institute (LSPP) on 17 April
Domicile Jakarta 2024 and has undergone the last maintenance program on 25 March 2025.
Term of Office 2024-2027
Educational Background
Certified Financial Risk Manager from the Global Association of Risk Professionals (2007)
Master of Business Administration from La Trobe University, Australia (1998)
Bachelor of Civil Engineering from Parahyangan Catholic University, Bandung (1996)
Work Experiences
Director of Risk Management at PT Bank UOB Indonesia, Jakarta (2017-2021)
Director of Risk Management at PT Bank Maybank Indonesia Tbk, Jakarta (2014-2016)
Senior Vice President, Head of Risk Management at CIMB Niaga (2012-2014)
Vice President, Corporate Treasury at DBS Bank Ltd, Singapore (2010-2012)
Vice President, Risk Management Group at PT Bank DBS Indonesia (2008-2010)
Secondment, Regional Risk Management at Standard Chartered Bank Plc., Singapore (2008)
Director, Regional Risk Management at American Express Bank Ltd., Singapore (2004-2008)
Manager, Regional Risk Management at American Express Bank Ltd., Singapore (2001-2004)
Supervisor, Treasury Middle Office at American Express Bank Ltd., Jakarta (1998-2001).
Concurrent Positions
Does not hold concurrent positions, either as a member of the Board of Directors, member of the Board of
Henky Sulistyo Commissioners, member of a committee, or other positions at Other Public Companies (in Indonesia and/or
abroad), Other Companies and Institutions.
Risk Management Director
Legal Basis of Appointment
First appointed as Director of CIMB Niaga based on the Resolution of the EGMS on 17 December 2021
and effective 9 March 2022. Reappointed as Director of CIMB Niaga based on the Resolution of the AGMS
Age 51 years old on 14 April 2025.
Gender Male Affiliated Relationship
Has no affiliation with other members of the Board of Directors, members of the Board of Commissioners,
Nationality Indonesia members of the Sharia Supervisory Board, or Ultimate and Controlling Shareholders.
Education and Training in 2025
Domicile Jakarta Education and training in 2025, is presented separately in the Education and Training of the Board of
Commissioners section in this Annual Report.
Term of Office 2025-2028
Certification
Risk Management Level 7, issued by the Banking Professional Certification Institute (LSPP) on 17 April
2024 and has undergone the last maintenance program on 25 March 2025.
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Educational Background
Master of Business Administration from Peking University, China (2016)
Master of Management from Pelita Harapan University, Jakarta (2016)
Bachelor of Economics from Tarumanagara University, Jakarta (2002)
Work Experiences
Chief Human Resources Officer at CIMB Niaga (2020-2021)
Head of HRBP, Talent Acquisition, Rewards & Performance at CIMB Niaga (2017-2020)
Head of Rewards, Performance & HR Services at CIMB Niaga (2013-2017)
Talent & Leadership Development Group Head at CIMB Niaga (2011-2013)
Head of Human Resources at Bank Barclays Indonesia (2010-2011)
HR Operations Manager at Bank Barclays Indonesia (2009-2010)
Head of HR Management & Services at PT Bank UOB Indonesia (formerly PT Bank UOB Buana Tbk)
(2007-2009)
Head of Learning & Development at PT Bank UOB Indonesia (formerly PT Bank UOB Buana Tbk),
Jakarta (2003-2007)
Concurrent Positions
Does not hold concurrent positions, either as a member of the Board of Directors, member of the Board
Joni Raini of Commissioners, committee member, or other positions in other Public Companies (in Indonesia and/or
Human Resources Director abroad), other Companies and Institutions.
Legal Basis of Appointment
First appointed as Director of CIMB Niaga based on the Resolution of the EGMS on 17 December 2021
and effective 9 March 2022. Reappointed as Director of CIMB Niaga based on the Resolution of the AGMS
Age 45 years old on 14 April 2025.
Gender Male Affiliated Relationship
Has no affiliation with other members of the Board of Directors, members of the Board of Commissioners,
Nationality Indonesia members of the Sharia Supervisory Board, or Ultimate and Controlling Shareholders.
Domicile Jakarta Education and Training in 2025
Education and training in 2025, is presented separately in the Education and Training of the Board of
Term of Office 2025-2028 Commissioners section in this Annual Report.
Certification
Risk Management Level 7, issued by the Banking Professional Certification Agency (LSPP) on 17 April
2024. and has completed the latest maintenance program on 25 March 2025
Human Resources General Manager Competency Certificate, issued by the Indonesian Human
Resources Management Professional Certification Agency (LSP) on 26 September 2025.
Educational Background
Master of Business Administration in Finance & Strategy from UCLA Anderson School of Management,
USA (2001)
Bachelor of Business Administration in Finance from The University of Texas at Austin, USA (1993)
Work Experiences
Chief of Corporate Banking & FI and Chief of Transaction Banking at CIMB Niaga (2019-2021)
Chief Corporate Banking Officer at CIMB Niaga (2014-2019)
Managing Director, Corporate and Investment Banking at Citibank, Jakarta (2005-2014)
Head of Relationship Management, Corporate Banking at Rabobank International Indonesia (2003-2005)
Associate Mergers, Acquisitions and Corporate Advisory at Deutsche Bank Securities Inc., New York (2001-
2002)
Business Analyst, Business Connectivity Group at 3Com Corporation, California (2000)
Assistant Vice President, Head of Indonesian Corporate Group at ABN Amro Bank N.V., Jakarta (1998-
1999)
Concurrent Positions
Other Public Companies (in Indonesia and/or abroad)
Does not hold concurrent positions, whether as a member of the Board of Directors, a member of the
Rusly Johannes Board of Commissioners, a committee member, or any other position in other Public Companies (in
Business Banking Director Indonesia and/or abroad).
Other Companies and Institutions
President Commissioner of PT CIMB Niaga Sekuritas (Subsidiary) (2023-present)
Age 55 years old Legal Basis of Appointment
First appointed as Director of CIMB Niaga based on the Resolution of the EGMS on 17 December 2021
Gender Male and effective on 22 April 2022. Reappointed as Director of CIMB Niaga based on the Resolution of the
AGMS on 14 April 2025.
Nationality Indonesia
Affiliated Relationship
Domicile Jakarta Has no affiliation with other members of the Board of Directors, members of the Board of Commissioners,
members of the Sharia Supervisory Board, or Ultimate and Controlling Shareholders.
Term of Office 2025-2028
Education and Training in 2025
Education and training in 2025, is presented separately in the Education and Training of the Board of
Commissioners section in this Annual Report.
Certification
Risk Management Level 7, issued by the Banking Professional Certification Institute (LSPP) on 17 April
2024 and has undergone the last maintenance program on 25 March 2025.
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Educational Background
Harvard Business School – Certificate for Disruptive Innovation (2024)
Insead CIMB Leadership Program (2015)
Master of Business Administration from National University of Singapore (2001)
Bachelor of Business Administration from University of Indonesia (1998)
Work Experiences
Head of Consumer Product, Preferred & Personalization at PT Bank CIMB Niaga Tbk (2019-2022)
Head of Segment, Decision Management & Customer Experience at PT Bank CIMB Niaga Tbk (2016-2019)
Head of Network Development & Customer Experience at PT Bank CIMB Niaga Tbk (2014-2016)
Head of Service Quality & Network Development at PT Bank CIMB Niaga Tbk (2011-2014)
Senior Partner & Director at PT I-Lead Indonesia (2005-2011)
Sales & Distribution Planning Head at Citibank NA, Indonesia (2001-2005)
Concurrent Positions
Other Public Companies (in Indonesia and/or abroad)
Does not hold concurrent positions, either as a member of the Board of Directors, a member of the
Board of Commissioners, a committee member, or any other position in other Public Companies (in
Indonesia and/or abroad).
Noviady Wahyudi Other Companies and Institutions
Consumer Banking Director Commissioner of PT CIMB Niaga Auto Finance (Subsidiary) (2024-present)
Legal Basis of Appointment
First appointed as Director of CIMB Niaga based on the Resolution of the AGMS on 8 April 2022 and
effective 16 August 2022. Reappointed as Director of CIMB Niaga based on the Resolution of the AGMS
Age 52 years old on 14 April 2025.
Gender Male Affiliated Relationship
Has no affiliation with other members of the Board of Directors, members of the Board of Commissioners,
Nationality Indonesia members of the Sharia Supervisory Board, or Ultimate and Controlling Shareholders.
Domicile Jakarta Education and Training in 2025
Education and training in 2025, is presented separately in the Education and Training of the Board of
Term of Office 2025-2028 Commissioners section in this Annual Report.
Certification
Risk Management Level 7, issued by the Banking Professional Certification Institute (LSPP) on 17 April
2024 and has undergone the last maintenance program on 25 March 2025.
Educational Background
Bachelor Cambridge Judge Business School - Digital Disruption (2021)
MIT Sloan School of Management - Driving Digital Innovation (2019)
IMD Switzerland - Leading in the Digital Age (2017)
Stanford Business School of Graduates - Design Thinking & Innovation (2015)
UC Berkeley Haas School of Business - Venture Capital Executive Program (2011)
Citibank AP Banking Institute (2000)
Bachelors of Engineering of Institute Technology Bandung majoring in Computer Technology (1992)
Work Experiences
Commissioner of PT SimpleFi Teknologi Indonesia (2021-2025)
Director & Chief IT Digital Officer at PT XL Axiata Tbk (2024-2025)
Chief IT Digital Officer at PT XL Axiata Tbk (January-May 2024)
Chief IT Digital Analytics Officer at PT XL Axiata Tbk (2023-2024)
Chief Executive Officer of PT Gunung Sukses Mandiri/Credo Group (2022-2023)
President Commissioner of PT Dayamitra Telekomunikasi Tbk/Mitratel (May-December 2023)
Independent Commissioner at PT Dayamitra Telekomunikasi Tbk/Mitratel (2022-2023)
President Commissioner of PT Centrepark Citra Corpora (2022-2025)
Rico Usthavia Frans Commissioner of PT Fintek Karya Nusantara/Link Aja (2021-2023)
Operations, Technology, President Commissioner of PT Asuransi Jiwa Inhealth Indonesia (January-August 2016)
Analytics & AI Director Commissioner of PT Asuransi Jiwa Inhealth Indonesia (2014-2015)
Director of Digital Banking, IT & Operations at Bank Mandiri (2016-2021)
SEVP of Transaction Banking Directorate at Bank Mandiri (2013-2016)
SVP of Electronic Banking Group at Bank Mandiri (2010-2013)
Age 55 years old Country Marketing Director of Citibank (2006-2010)
E-Business Head at Citibank (2001-2006)
Gender Male Trade & Asset-Based Finance Head at Citibank (1997-2001)
Management Associate at Citibank (1995-1997)
Nationality Indonesia Field Engineer at Schlumberger (1993-1995)
Domicile Jakarta Concurrent Positions
Does not hold concurrent positions, either as a member of the Board of Directors, member of the Board
Term of Office 2025-2028 of Commissioners, committee member, or other positions in other Public Companies (in Indonesia and/or
abroad), other Companies and Institutions.
Legal Basis of Appointment
Appointed as Director of CIMB Niaga for the first time based on the Resolution of the AGMS on 14 April
2025, effective on 24 July 2025.
Affiliated Relationship
Has no affiliation with other members of the Board of Directors, members of the Board of Commissioners,
members of the Sharia Supervisory Board, or Ultimate and Controlling Shareholders.
Education and Training in 2025
Education and training in 2025, is presented separately in the Education and Training of the Board of
Commissioners section in this Annual Report.
Certification
Risk Management Level 7, issued by the Banking Professional Certification Agency (LSPP) on 28 April
2025.
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Sharia Supervisory Board Profiles
Educational Background
Doctor of Tafsir Al-Qur’an from Al-Azhar University-Cairo, Egypt (1982)
Master of Tafsir and Hadith from Al-Azhar University-Cairo, Egypt (1969)
Bachelor of Al-Azhar University-Cairo, Egypt (1967)
Work Experiences
Director of the Center for Al-Quran Studies, Jakarta (2003-2018)
Postgraduate Professor at the State Islamic University (UIN) Syarif Hidayatullah (1992-2013)
Ambassador of the Republic of Indonesia to the Arab Republic of Egypt, Djibouti & Somalia (1999-2002)
Member of the MPR-RI (1982-2002)
Minister of Religious Affairs of the Republic of Indonesia (1998-1999)
Member of the Sharia Board of Bank Muamalat Indonesia (1992-1999)
Rector of UIN Syarif Hidayatullah (1992-1998)
Chairman of the Indonesian Ulema Council (Center) (1985-1998)
Pentashih Al-Qur’an, Department of Religious Affairs of the Republic of Indonesia (1989-2007)
Concurrent Positions
Other Public Companies (in Indonesia and/or abroad)
Prof. Dr. M. Quraish Shihab, MA Does not hold concurrent positions, either as a member of the Board of Directors, a member of the
Board of Commissioners, a committee member, or any other position in other Public Companies (in
Chairman of the Sharia Indonesia and/or abroad).
Supervisory Board Other Companies and Institutions
Chairman of the Sharia Supervisory Board of BTN Syariah (2019-present)
Legal Basis of Appointment
Age 81 years old Appointed as Chairman of the Sharia Supervisory Board of CIMB Niaga for the first time based on the
Resolution of the AGMS on 23 April 2008, which was effective on 11 February 2009. The last appointment
Gender Male as Chairman of the Bank’s Sharia Supervisory Board based on the Resolution of the AGMS on 10 April 2023.
Nationality Indonesia Affiliated Relationship
Has no affiliation with other members of the Sharia Supervisory Board, members of the Board of
Domicile Jakarta Directors, members of the Board of Commissioners, members of the Sharia Supervisory Board, or
Ultimate and Controlling Shareholders.
Term of Office 2023-2026
Education and Training in 2025
Education and training in 2025, is presented separately in the Education and Training section of the
Sharia Supervisory Board in this Annual Report.
Certification
-
Educational Background
Doctorate in Islamic Legal Theory from UIN Syarif Hidayatullah, Jakarta (1994)
Master in Sharia from UIN Syarif Hidayatullah, Jakarta (1987)
Bachelor in Sharia from UIN Syarif Hidayatullah, Jakarta (1982)
Bachelor in Sharia from UIN Syarif Hidayatullah, Jakarta (1981)
Work Experiences
Member of the Sharia Supervisory Board of LB Salam (2007-2012)
Dean of the Faculty of Islamic Studies at the Muhammadiyah University of Jakarta (2000-2004)
Lecturer of Islamic Legal Philosophy at the Faculty of Law, Muhammadiyah University of Jakarta (1985-2000)
Vice Rector for Academic Affairs at IAIN Syarif Hidayatullah Jakarta (1997-2000)
Lecturer of Islamic Legal Administration at the Faculty of Islamic Studies, Muhammadiyah University of
Jakarta (1990-1995)
Vice Dean for Student Affairs at the Faculty of Sharia, IAIN Syarif Hidayatullah Jakarta (1994-1996)
Head of the Muamalat Study Program at the Faculty of Sharia, IAIN Syarif Hidayatullah Jakarta (1987-1989)
Secretary of the Religious Courts Study Program at the Faculty of Sharia, IAIN Syarif Hidayatullah Jakarta
(1982-1987)
Lecturer in Religious Courts in Indonesia at the Faculty of Sharia, IAIN Syarif Hidayatullah Jakarta (1982-1987)
Prof. Dr. Fathurrahman
Concurrent Positions
Djamil, MA Other Public Companies (in Indonesia and/or abroad)
Member Does not hold concurrent positions, either as a member of the Board of Directors, a member of the
Board of Commissioners, a committee member, or any other position in other Public Companies (in
Indonesia and/or abroad).
Other Companies and Institutions
Age 65 years old Chairman of the Sharia Supervisory Board of Adira Finance Syariah (2011-present)
Chairman of the Sharia Supervisory Board of Bank BCA Syariah (2010-present)
Gender Male Chairman of the Sharia Supervisory Board of Sunlife Syariah (2010-present)
Chairman of the Sharia Supervisory Board at AIA Sharia Branch (2009-present)
Nationality Indonesia Professor of the Postgraduate Program at the University of Indonesia (2006-present)
Deputy Chairman of the National Sharia Council (DSN-MUI) and Deputy Chairman of the Fatwa
Domicile South Commission of the Indonesian Ulema Council (MUI) (2005-present)
Tangerang Lecturer of Law and Finance in Islam at the Postgraduate Program of the University of Muhammadiyah
Jakarta (2000-present)
Term of Office 2023-2026 Professor at UIN Syarif Hidayatullah (2000-present)
Lecturer of Islamic Legal History at the Postgraduate Program at UIN Syarif Hidayatullah Jakarta
(1996-present)
Legal Basis of Appointment
Appointed as a Member of the Sharia Supervisory Board of CIMB Niaga for the first time based on
the Resolution of the EGMS on 19 December 2008, which was effective on 11 February 2009. The last
appointment as a Member of the Bank’s Sharia Supervisory Board based on the Resolution of the AGMS
on 10 April 2023.
Affiliated Relationship
Has no affiliation with other members of the Sharia Supervisory Board, members of the Board of
Directors, members of the Board of Commissioners, members of the Sharia Supervisory Board, or
Ultimate and Controlling Shareholders.
Education and Training in 2025
Education and training in 2025, is presented separately in the Education and Training section of the
Sharia Supervisory Board in this Annual Report.
Certification
-
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Educational Background
Doctorate in Islamic Economics from the State Islamic University (UIN) Syarif Hidayatullah, Jakarta (2010)
Master of Islamic Economics and Finance from the International Islamic University Malaysia (2005)
Bachelor of Islamic Economics (Muamalah) from Djuanda Ciawi University (1999)
Work Experiences
Chairman of the Sharia Supervisory Board of Bank BTB (2016-present)
Member of the Sharia Supervisory Board of Panin Asset Management (20112016)
Advisor/Researcher of Islamic Economics and Finance at the Saudi Arabian Monetary Authority-SAMA,
Kingdom of Saudi Arabia (2017-2019)
Moderator in Finance Accreditation Agency (FAA) at Bank Negara Malaysia (BNM) - Moderation
Committee for the Discipline of Shariah Principle & Practices for Islamic Bankers (2013)
Team Leader – “A Study on the Development of Islamic Microfinance: Regulation and Supervision
Model”. Collaborating with the Department of Non-Banking Financial Institutions (IKNB) – OJK, Republic
of Indonesia (2013)
Member of DSN MUI for Capital Markets (2010-2020)
Vice Chairman, Academic & Student Affairs at Tazkia Islamic Business School, Bogor-Indonesia (2006-2008)
Invited Researcher (Fellow Researcher) at Center for Central Banking Education and Studies, Central
Bank of Indonesia (PPSK-BI) (2006-2008)
Dr. Yulizar D. Sanrego, M.Ec Head Department of Islamic Economics at Tazkia Islamic Business School, Bogor-Indonesia (2005-2007)
Member
Concurrent Positions
Other Public Companies (in Indonesia and/or abroad)
Chairman of the Sharia Supervisory Board of PT Bank Jago Tbk (2021-present)
Other Companies and Institutions
Age 52 years old Member of the Sharia Supervisory Board at PBMT Ventura (2019-present)
Member of the Sharia Supervisory Board of LPEI Exim (2012-present)
Gender Male Member of the DSN MUI for Banking (2020-2025)
Bank Indonesia Monetary Working Group (2024-present)
Nationality Indonesia OJK Sharia Financial Literacy Working Group (2024-present)
Domicile Bogor Legal Basis of Appointment
Appointed as a member of the Sharia Supervisory Board of CIMB Niaga for the first time at the AGMS
Term of Office 2023-2026 on 28 March 2013, effective on 10 June 2013. The Last appointment as a Member of the Bank’s Sharia
Supervisory Board based on the Resolution of the AGMS on 10 April 2023.
Affiliated Relationship
Has no affiliation with other members of the Sharia Supervisory Board, members of the Board of
Directors, members of the Board of Commissioners, members of the Sharia Supervisory Board, or
Ultimate and Controlling Shareholders.
Education and Training in 2025
Education and training in 2025, is presented separately in the Education and Training section of the
Sharia Supervisory Board in this Annual Report.
Certification
Risk Management Level 6 Certification, issued by the Banking Professional Certification Agency (LSPP)
on 27 October 2025.
Changes in the Composition of the Members of
the Board of Commissioners, the Sharia Supervisory
Board, and the Board of Directors and the Reasons
for the Changes
Throughout 2025, there were no changes to the composition of the CIMB Niaga Board of Commissioners and Sharia
Supervisory Board. However, the composition of the Company’s Board of Directors changed. Based on the resolution
of the Annual General Meeting of Shareholders (AGM) held on 14 April 2025, CIMB Niaga accepted the resignation
of Ms. Tjioe Mei Tjuen from her position as Director on personal reasons (retirement). The AGM also appointed Mr.
Rico Usthavia Frans as Director, in line with the Bank’s commitment to continuously strengthening leadership and
accelerating organizational transformation.
CIMB Niaga made no further changes to the composition of the Board of Commissioners, the Sharia Supervisory Board,
and the Board of Directors after the end of the fiscal year and until the deadline for submitting the Annual Report.
98 PT BANK CIMB NIAGA TBK 2025 Annual Report
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Senior Executives’ Profiles
Educational Background & Professional Certifications
Master of Science – Management, Gies College of Business – University of Illinois Urbana-Champaign
Bachelor of Economics, Tarumanagara University
Certified Internal Auditor, the Institute of Internal Auditors
Certificate, Business Analytics: From Data to Insights, the Wharton School
Certificate, Sustainability Leadership Programme, University of Cambridge – Institute for
Sustainability Leadership
Certificate, CIMB Leading Leaders Development Programme, IMD
Strategic Leadership & Management Specialization, Gies College of Business – University of Illinois
Urbana-Champaign
Work Experiences
Audit Director at Citibank (2013-2016)
Head of Internal Audit at PT Bank Internasional Indonesia (2010-2013)
Head of Internal Audit at PT Bank Barclays (2009-2010)
Head of Internal Audit at ABN Amro Bank (2005-2009)
Auditor at Ernst & Young (2003-2005)
Auditor at KPMG Indonesia (1998-2002)
Auditor at Coopers & Lybrand (1996-1998)
Antonius Gunadi
Chief Audit Executive Legal Basis of Appointment
024/HROB/HRS/XII/2016
Age 51 years old
Gender Male
Nationality Indonesia
Domicile Jakarta
Educational Background & Professional Certifications
Bachelor of Business Administration from University of Bath, UK.
Work Experiences
Head of Sales & Distribution at Bank CIMB Niaga (2021-2022)
Regional Head of Consumer Products, Wealth & Preferred at CIMB Bank, Malaysia (2019-2021
Head of Retail Product at Bank CIMB Niaga (2016-2019)
Head of Preferred, Private, Wealth Management & Consumer Liabilities at Bank CIMB Niaga (2012-
2016)
Head of Preferred, Private, Wealth Management at Bank CIMB Niaga (20102012)
Head of Consumer Banking at Bank DBS Indonesia (2005-2010)
Head of Wealth Management Business at Standard Chartered Bank Indonesia (2001-2004)
Portfolio Management & Planning Manager at PT Pool Asuransi Indonesia (1999-2001)
Legal Basis of Appointment
524/OMTKA/SS/HR/IV/2022
Budiman Tanjung
Chief of Network & Digital Banking
Age 53 years old
Gender Male
Nationality Indonesia
Domicile Jakarta
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Educational Background & Professional Certifications
Master of Business Administration from Pepperdine University, United States.
Bachelor of Science from University of Southern California, United States
Work Experiences
Credit Director at Bank CIMB Niaga (2011-2020)
Head of Corporate Banking at Bank Danamon (2007-2010)
Deputy President Director at Bank DBS Indonesia (2003-2006)
Senior Credit Officer at Standard Chartered Bank (2000-2003)
General Manager Corporate Banking Credit & Marketing at PT Bank Dagang Nasional Indonesia
(1997-1998)
Deputy Head Domestic Corporate at Hongkong Bank (1995-1997)
Legal Basis of Appointment
716/ROM/SS/HR/IV/2020
Megawati Sutanto
Chief Special Asset Officer
Age 63 years old
Gender Female
Nationality Indonesia
Domicile Jakarta
Name Position Highest Education
Adeline Hendarto Tjong Head of Region - Jakarta Region B Bachelor’s degree in Informatics from Bina Nusantara University
Ady Suryawijaya Yatim Head of Sharia Business Banking Bachelor of Business Administration, Finance Major from the
University of Central Arkansas, USA
Ahmad Nasihi Ulil Amri Head of Sharia Strategy, Bachelor’s degree from Jember University
Performance, Reporting, Analytics, &
Transformation
Albert Agustius Head of Audit - TB, Products & Master of Management from the University of Indonesia
Enablers
Albert Suhandinata Head of Strategic Procurement & MBA from Loyola Marymount University
Admin Property Management and
Financial Conglomeration
Amir Widjaya Head of Marketing, Brand & Bachelor of Business Administration from Petra Christian
Customer Experience University
Andi Irawan Dalimunthe Head of HR Business Partner 3 & Bachelor of Psychology from the University of North Sumatra,
Mass Resourcing Medan
Andiko S. Ben Asa Manik Head of Region - Jabar & Jateng Bachelor of Law from Parahyangan Catholic University
Region
Aris Susanta Head of Business Performance Bachelor of Computer Science from Duta Wacana Christian
Management University, Yogyakarta
Ariteguh Arief Head of Retail Deposit, Wealth and Bachelor of Arts from the University of Oregon, USA
Insurance Business
Banar Gratianus Yuniarta Head of Audit-Business Banking & Master of Science from Rijksuniversiteit Groningen, the
Consumer Banking Netherlands
Banyon Anantoseno Head of Consumer Collection & Bachelor of Economics from Airlangga University – Surabaya
Recovery
Billie Setiawan Head of Data, Analytics & AI Bsc (Hons) in Computing from the University of Greenwich
Bung Aldilla Head of Sharia Consumer Banking Bachelor of Computer Science from Gunadarma University
& EBB
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Name Position Highest Education
Chialmi Dialdestoro Rosalim Head of Business Banking Asset Master in Professional Accounting (with honors) from The
Quality, Sustainable Finance, Loan University of Texas at Austin in Texas, United States in 1996
Agency and Government Relations
Christian Prajitno Head of Commercial Banking Bachelor of Economics (International Business Management)
from Petra Christian University, Surabaya
Citra Kurniawati Head of Treasury Islamic Master of Economics from Trisakti University
Daniel Edison Hutapea Head of RCU & TCM PB Risk Analytic Bachelor of Accounting Economics from Padjadjaran University,
Bandung, 1995
Dea Nurani Head of NDB Business Strategy & Bachelor of Architectural Engineering from the University of
Performance Indonesia
Debby Maulidya Septyani Head of Tax Management Master of Management from Perbanas Institute
Dedy Sahat Tupal Parulian Head of Digital Economy Master of Management in Risk Management from the University
of Indonesia
Diva Mahdi Head of Market Risk Management & Civil Engineering Study Program at Hogeschool‘s-Hertogenbosch,
Model Validation Netherlands
Djojo Boentoro Head of Secured Lending Business Bachelor of Civil Engineering, Parahyangan Catholic University,
and Consumer Credit Underwriting Bandung, 1989
Dwi Novi Kusumawati Head of Anti Fraud Management Master of Science from Gadjah Mada University
Elisa Gunawan Head of Audit - Professional Bachelor of Economics from Tarumanagara University
Practices
Eric Augie Saputra Head of Transformation & Strategy Bachelor of Industrial Engineering from Bandung Institute of
Office Technology
Eric Gunawan Kosasih Head of HR Strategy, Talent, Culture Bachelor’s Degree in Gas & Petrochemical Engineering, Faculty of
& Organization Excellence Engineering, University of Indonesia in 1995
Evita Barliana Head of Region - Jakarta A & Master of Management from Trilogi University Jakarta
Kalimantan Region
Faizin Rahmad Setiadi Head of Risk Control Unit – Strategy Master of Economics in Sharia Economics and Finance from
Finance & SPAPM Trisakti University Jakarta
Ferdinand Renaldi Wawolumaja Head of Trading & Structuring Bachelor of Science from the National University of Singapore
Fransiska Liminda Halim Head of Audit - Technology Master of Cybersecurity from Monash University (2025)
Assurance & Data Analytics
Garry Jusriel Kamil Head of Capital & Balance Sheet Bachelor of Information Technology and Systems from Monash
Management University
Gerry Sarent Tenges Head of Branch Transformation & Master of Science and Bachelor of Science from the University of
Sales Service Management Southern California
H. Ahmad S. Ilham Head of Region - Indonesia Timur & Master of Management from Hasanudin University, Makassar
Bali Nusra Region
Hartono Agus Head of Information Security Bachelor of Technology (Computer Studies) from Monash
University
Heintje Mogi Head of Non Branch Channel Bachelor of Law from Parahyangan University
Hernaman Tandianto Head of Treasury Sales & Master of Management from Gadjah Mada University
Distribution
Hotamawaty Head of Sharia Risk Control, Master of Management (Strategic Finance) from Paramadina Post
Governance, Business Solution & Graduate School of Business
Process Excellence
I Gusti Ngurah Dwi Sapta Head of Non Retail Credit Bachelor of Industrial Engineering from Trisakti University,
Administration Jakarta
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Name Position Highest Education
Irwan Head of Region - Sumatera Region Bachelor of Economics from Pelita Harapan University.
Jemy Kristian Soegiarto Head of Risk Analytics, Master of Technology Management from Sepuluh Nopember
Infrastructure & Sharia Institute of Technology (ITS)
Joni Hermanto Head of Transaction Banking Department of Financial Management, Trisakti University in 1999
Juliana Head of Private Banking Department of Economics, Parahyangan Catholic University in
1997
Julius Wiantara Tjhioe Head of Operational Risk Bachelor of Economics in Finance and Accounting from
Management Macquarie University, New South Wales, Australia in 1992
Juto Budihardjo Head of Risk Control Unit & Master of Management from PPM School of Management
Governance - Network & Digital
Banking
Koei Hwei Lien Head of Retail Credit Risk Master of Management from Prasetiya Mulya
Management
Lena Head of Loan Workout – Commercial Bachelor of Economics from Atma Jaya University, Yogyakarta in
Banking and Emerging Business 1991
Banking
Lina Head of Good Corporate Bachelor of Economics from Tarumanegara University, Jakarta
Governance & Sustainability
Linda Marshelia Head of Financial Institution Bachelor of Business Administration from the Indonesian Institute of
Business and Informatics (IBII)
Liston Siahaan Head of Compliance Management Master of Management from Prasetiya Mulya Business School,
Jakarta in 1996
Livia Sutanto Head of Performance, Rewards & Bachelor of Computer Science from Inti College
Budgeting
Lucia Arianti Gunawan Head of Loan Workout - Corporate MBA from Washington State University
Banking
Lusiana Saleh Head of Digital Banking & Contact Bachelor of Science Engineering from Purdue University, West
Center Lafayette, United States
Lydiya Widjaja Head of Audit - Operation, Network Master of Finance from Atma Jaya University Jakarta
& Syariah
Magdalena Gunardi Head of OTAA Office, Cost Bachelor of Economics from Parahyangan Catholic University,
Management, & Analytics Bandung
Maya Latif Head of Risk Control Unit - Bachelor of Social Sciences from Atma Jaya Catholic University of
Consumer Banking Jakarta
Mika Martumpal Economist Bachelor of Economics from University of Indonesia
Miranty Supardi Head of Corporate Banking, Master of Business Administration from Cornell University, USA
Investment Banking Coverage, and
Loan Syndication
Muhammad Shodiq Head of Learning & Development Master of Mechanical Engineering-Manufacturing from the
University of Indonesia.
Nora Joice Kimbal Head of HR Shared Services & MIS Bachelor’s degree from Udayana University, Bali.
Nugroho Adhi Wibowo Head of HR Risk Control Unit Bachelor’s degree in Economics from Gadjah Mada University.
Paskalina Purwa Ndadari Singara Head of Foreclosed Asset & Master of Business Administration in Finance from Trisakti
Business Planning University.
Peter Gunawan Head of Anti Money Laundering Bachelor of Science in Mathematics from the Bandung Institute
of Technology in 2001.
Pribadi Wijayanti Kusumodewi Head of HR Business Partner 1 & Bachelor of Economics from the University of Indonesia.
Industrial Relations
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Name Position Highest Education
Ratri Setyorini Head of Risk Control Unit - Business Master of E-Business Management from the International University
Banking of Japan (IUJ).
Rhena Octaria Head of Region – Jawa Timur Region Bachelor of Pharmacy and professional pharmacist education at
the University of Surabaya.
Ria Yohanita Head of Operational Accounting Master of Commerce (M. Com) Accounting & Finance from the
University of New South Wales – Sydney
Sandi Maruto Head of ALM Risk Master of Management from PPM School of Management
Santori Malinton Head of Information Technology Bachelor’s degree from Bina Nusantara University
Solihin Hakiekie Head of HR Business Partner 2 & Master of Management from PPM School of Management
Talent Partnership
Stella Fiona Head of Finance Bachelor of Economics from Padjadjaran University, Bandung
Sudarmi Head of Money Market & Funding Completed education at Saint Mary Jakarta in 1993
Surya Kirana Sulistiyo Head of Legal/General Counsel Master of Law from University of Indonesia.
Syamsul Aidi Bachtiar Head of Advisory & Legal - Sharia Master of Arts (Islamic Studies) from Universiti Kebangsaan
Malaysia
Tajindra Pal Singh Head of Central Operations Master of Science from Michigan State University.
Tjahjadi Yapeter Head of Non-Retail Credit Risk Bachelor of Science in Industrial Engineering and Management
Management from Oklahoma State University, United States.
Tony Tardjo Head of Emerging Business Banking Bachelor of Science in Electrical Engineering from The Ohio State
University, Columbus, Ohio, United States.
Trisna Lucia Mauliaty Siahaan Head of Credit Card, Merchant & Master of Engineering from the Bandung Institute of Technology.
Personal Financing Business
Wahdinie Musmar Head of Non-Retail Credit Policy and MBA in International Trade from Texas A&M International
Assurance Testing University, USA.
Wijaya Handoyo Jo Head of Customer Segment & BA in Economics from the University of Wisconsin Madison –
Strategic Business Development USA.
PT BANK CIMB NIAGA TBK 2025 Annual Report 103
Page 102
Performance Management Company Management Risk
Highlights Reports Profile Discussion & Analysis Management
Statistics on the Number of Employees
and Competence Development Data
EMPLOYEE COMPOSITION BASED ON DIRECTORATE AND SUB DIRECTORATE
Directorate 2025 2024
Consumer Banking 2,034 2,168
Network & Digital Banking 4,411 5,001
Business Banking* 634 647
Emerging Business Banking 205 212
Treasury & Capital Market 116 113
Syariah Banking 603 93
Operations & IT 1,798 1,781
Strategy, Finance & SPAPM 321 388
Human Resources 144 152
Risk Management 227 222
Special Asset 56 57
Compliance, Corporate Affairs & Legal 111 110
Corporate Assurance 115 119
Total 10,775 11,063
*
The Business Banking Directorate consists of Corporate Banking, Commercial Banking, Financial Institution, Digital Economy, Government Relations, Transaction
Banking, Structured & Syndicate Finance and Loan Agency, RCU (COBA, FI, TB).
EMPLOYEE COMPOSITION BASED ON ORGANIZATIONAL LEVEL
Organization Level 2025 2024
Senior Management 272 273
Middle Management 1,563 1,560
Juneor Management 7,674 7,644
Non-Management 1,266 1,586
Total 10,775 11,063
EMPLOYEE COMPOSITION BASED ON EDUCATION LEVEL
Education Level 2025 2024
Up to High School 269 245
Diploma 1 24 24
Diploma 2 1 1
Diploma 3 1,082 1,197
Diploma 4 3 23
Bachelor 8,637 8,818
Master 753 749
Doctorate 6 7
Total 10,775 11,063
NUMBER OF EMPLOYEES BASED ON EMPLOYMENT STATUS
Employment Status 2025 2024
Permanent Employee 9,898 10,032
Contract Employee 877 1,031
Total 10,775 11,063
104 PT BANK CIMB NIAGA TBK 2025 Annual Report
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Report Governance Responsibilities Corporate Data Statement
NUMBER OF EMPLOYEES BASED ON TERM OF OFFICE
Term of Office (year) 2025 2024
<1 2,057 2,287
> 1-5 2,744 3,089
> 5-10 2,361 2,186
> 10-15 1,734 1,523
> 15 1,879 1,978
Total 10,775 11,063
NUMBER OF EMPLOYEES BASED ON AGE
Age (years old) 2025 2024
< 25 419 524
> 25-30 1,976 2,278
> 30-35 2,552 2,572
> 35-40 2,153 2,159
> 40 3,675 3,530
Total 10,775 11,063
NUMBER OF EMPLOYEES BASED ON GENDER
Gender 2025 2024
Male 5,395 5,457
Female 5,380 5,606
Total 10,775 11,063
COMPETENCY DEVELOPMENT PROGRAM BASED ON TRAINING TYPE
2025 2024
Training Type
Participant Participant
Mandays (days) Mandays (days)
(people) (people)
Managerial, Leadership, & Soft Skills 18,612 7,356 34,644 10,825
Development Program & The Complete Banker 3,467 253,363 2,692 183,627
Risk, Corporate Assurance & Compliance 83,834 21,591 64,611 23,156
Digital and Data 54,234 11,157 34,998 6,940
Sales 9,727 9,066 9,026 5,030
Services 14,951 7,520 17,908 8,724
Treasury, Finance, & Tax 1,595 784 1,144 609
Credit 2,556 2,971 1,827 3,331
Operations & Information Technology 16,236 2,909 20,342 5,529
Sharia 4,594 1,926 3,810 2,238
Transaction Banking 4,494 1,861 840 416
Culture 30,322 6,780 24,864 6,832
Retirement 78 195 62 248
Sustainability and Sustainable Finance 7,555 1,584 85,962 9,878
Team Building 9,155 11,932 10,038 12,441
Total 261,410 340,996 312,768 279,824
PT BANK CIMB NIAGA TBK 2025 Annual Report 105
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Performance Management Company Management Risk
Highlights Reports Profile Discussion & Analysis Management
TRAINING TYPE, OBJECTIVE, AND PARTICIPANT/POSITION LEVEL
Persentase yang
Senior Middle Junior & Non telah mengikuti
Type of Training Total pelatihan untuk
(in the amount Management Management Management setiap jenis
Training Objective
of participant/ pelatihan
Training Program)
2025 2024 2025 2024 2025 2024 2025 2024 2025 2024
Managerial, Develop leadership skills, managerial 282 911 1,969 4,871 16,361 28,862 18,612 34,644 11% 11%
Leadership & Soft abilities and soft skills of employees
Skills
Development Development programs that provide - - 1 - 3,466 2,692 3,467 2,692 1% 1%
Program & The a comprehensive understanding in a
Complete Banker particular field, such as ITDP, ODP, SMEDP,
RMDP, Teller DP, and TCB are development
programs that provide a comprehensive
understanding in the banking industry
Risk, Corporate Develop employee capabilities in managing 1,887 2,103 10,990 9,707 70,957 52,801 83,834 64,611 21% 21%
Assurance & risk and improve compliance in all job roles
Compliance
Digital and Data Improve competencies and skills in the 818 656 7,162 4,685 46,254 29,657 54,234 34,998 11% 11%
digitalization era
Sales Improve employee competences and skills 72 74 693 829 8,962 8,123 9,727 9,026 3% 3%
in sales aspect
Services Develop competencies and skills in 49 251 543 1,576 14,359 16,081 14,951 17,908 6% 6%
providing satisfactory services and
experiences to customers.
Treasury, Finance, Improve employee competencies and skills 104 158 270 387 1,221 599 1,595 1,144 0% 0%
& Tax in carrying out tax association activities,
customs and other fiscal activities.
Credit Improve competencies and skills in the 82 66 578 691 1,896 1,070 2,556 1,827 1% 1%
credit value chain and build an integrated
credit process
Operations & Improve employee competencies and 48 107 1,335 1,033 14,853 19,202 16,236 20,342 7% 7%
Information skills in carrying out business operational
Technology activities and develop the Company’s
information technology capabilities.
Sharia Improve employee competencies and skills 107 113 390 448 4,097 3,249 4,594 3,810 1% 1%
in carrying out banking activities based
on sharia
Transaction Improve employee competencies and 88 31 594 270 3,812 539 4,494 840 0% 0%
Banking skills in carrying out financial transaction
activities effectively and efficiently.
Culture Develop employee skills towards corporate 511 502 3,620 3,392 26,191 20,970 30,322 24,864 8% 8%
culture
Retirement Improve employee competencies and skills 2 - 18 17 58 45 78 62 0% 0%
in entering retirement
Sustainability Develop competencies and skills in 271 1,887 1,429 11,550 5,855 72,525 7,555 85,962 27% 27%
and Sustainable achieving sustainable development goals
Finance
Team Building Joint activities to strengthen working 289 333 1,601 1,658 7,265 8,047 9,155 10,038 3% 3%
relationships that have an impact on
improving team performance
Total 4,610 7,192 31,193 41,114 225,607 264,462 261,410 312,768 100% 100%
Percentage Who Have Attended Training for Each Job Level 1.8% 2.3% 11.9% 13.1% 86.3% 84.6% 100% 100%
106 PT BANK CIMB NIAGA TBK 2025 Annual Report
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Supporting Business Corporate Corporate Social Other Financial
Report Governance Responsibilities Corporate Data Statement
EMPLOYEE COMPETENCE DEVELOPMENT DATA
Type of Training Senior Middle Junior & Non Total
Management Management Management
(in number of mandays)/
training program) 2025 2024 2025 2024 2025 2024 2025 2024
Managerial, Leadership, & Soft Skills 435 743 1,614 2,346 5,307 7,736 7,356 10,825
Development Program & The Complete Banker 0 - 1 - 253,362 183,627 253,363 183,627
Risk, Corporate Assurance & Compliance 404 745 3,186 3,796 18,001 18,616 21,591 23,156
Digital and Data 178 164 1,554 1,046 9,424 5,729 11,157 6,940
Sales 96 19 726 393 8,245 4,618 9,066 5,030
Services 21 78 236 511 7,264 8,135 7,520 8,724
Treasury, Finance, & Tax 75 129 220 222 489 258 784 609
Credit 109 58 955 1,176 1,908 2,096 2,971 3,331
Operations & Information Technology 11 27 224 280 2,674 5,223 2,909 5,529
Sharia 34 111 182 351 1,710 1,776 1,926 2,238
Transaction Banking 37 12 234 116 1,590 288 1,861 416
Culture 108 123 677 872 5,996 5,837 6,780 6,832
Retirement 5 - 45 68 145 180 195 248
Sustainability and Sustainable Finance 60 235 286 1,394 1,238 8,249 1,584 9,878
Team Building 285 413 1,655 1,889 9,992 10,138 11,932 12,441
Total 1,858 2,857 11,794 14,460 327,343 262,506 340,996 279,824
COMPETENCY DEVELOPMENT COST
(in billion Rupiah)
Development Type 2025 2024 2023
Management 79.56 73.58 83.81
Domestic External Seminars & Courses 1.38 2.00 2.00
Overseas External Seminars & Courses 0.60 1.00 1.00
Corporate Culture 4.44 5.57 3.95
Training Center 18.29 18.29 12.65
Operational Training 83.62 79.70 75.45
Total 187.90 180.14 178.86
In 2025, CIMB Niaga allocated HR development funds of Rp187.9 billion with an average of 24 training days per
employee and a total of 261,410 training participants. The increase in HR development costs was primarily driven by the
increase in the number of CIMB Signature Leadership Program participants, which covers three levels: Senior Leaders,
Emerging Leaders, and Junior Leaders. In addition, programs such as the Credit Academy, The Complete Banker, and the
Apprenticeship Program contributed significantly to supporting the enhancement of competence, leadership capacity,
and the readiness of the Bank’s talent in facing business dynamics.
BANK’S OCCUPATIONAL HEALTH, SAFETY, AND SECURITY POLICY
CIMB Niaga has and implements an Occupational Health, Safety, and Security Policy that is comprehensively described
in the 2025 Sustainability Report.
PT BANK CIMB NIAGA TBK 2025 Annual Report 107
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Performance Management Company Management Risk
Highlights Reports Profile Discussion & Analysis Management
Shareholder Composition
COMPOSITION OF 20 LARGEST SHAREHOLDERS AS OF 1 JANUARY 2025
Number of Shares Ownership
Shareholder Name Status (units) Percentage (%)
CIMB GROUP SDN BHD - Non Trading Malaysia - Tax Treaty 22,991,336,581 91.45
PT COMMERCE KAPITAL Limited Liability Company NPWP 255,399,748 1.02
CITIBANK NEW YORK S/A GOVERNMENT OF NORWAY - 16 Norway - Tax Treaty 244,365,831 0.97
NTC-CIM INVESTMENT FUND ICAV Institution - Foreign 80,000,000 0.32
JOHAN SUNDJOTO Individual - Local 60,500,000 0.24
EDDO CHANDRA Individual - Local 37,300,000 0.15
Manulife Dana Ekuitas Insurance NPWP 34,785,300 0.14
PHILLIP SECURITIES PTE LTD Institution - Foreign 26,343,635 0.10
DRS.LO KHENG HONG Individual - Local 26,315,300 0.10
UOB Kay Hian Pte Ltd Institution - Foreign 24,612,643 0.10
BNYM RE WISDOMTREE EMERGING MARKETS SMALLCAP Institution - Foreign 21,319,600 0.08
DIVIDEND FUND
PT AIA FINANCIAL - UL EQ SOLID Insurance NPWP 19,771,900 0.08
PT ELANG MAHKOTA TEKNOLOGI Limited Liability Company NPWP 17,555,200 0.07
JONG TJHUN PING Individual - Local 17,000,000 0.07
PT. CORIN INVESTA CORPORA Limited Liability Company NPWP 16,535,000 0.07
CGS INTERNATIONAL SECURITIES SINGAPORE PTE LTD Institution - Foreign 15,669,637 0.06
DJOHAN EMIR SETIJOSO, IR Individual - Local 15,000,000 0.06
OCBC SECURITIES PTE LTD -CLIENT A/C Institution - Foreign 14,587,727 0.06
BNYM RE ACADIAN EM MKTS SM ALL CAP EQ FD LLC Institution - Foreign 14,503,190 0.06
CLEARSTREAM BANKING S.A. LUXEMBOURG Institution - Foreign 14,283,927 0.06
COMPOSITION OF THE 20 LARGEST SHAREHOLDERS AS OF 31 DECEMBER 2025
Number of Shares Ownership
Shareholder Name Status (units) Percentage (%)
CIMB GROUP SDN BHD Malaysia - Tax Treaty 22,991,336,581 91.45
PT COMMERCE KAPITAL Limited Liability Company NPWP 255,399,748 1.02
CITIBANK NEW YORK S/A GOVERNMENT OF NORWAY - 16 Norway - Government_tax_treaty 226,420,431 0.90
NTC-CIM INVESTMENT FUND ICAV Institution - Foreign 83,000,000 0.33
JOHAN SUNDJOTO Individual - Local 63,900,000 0.25
DRS. LO KHENG HONG Individual - Local 45,901,600 0.18
MARINUS COSTAN Individual - Local 40,000,000 0.16
EDDO CHANDRA Individual - Local 36,000,000 0.14
Manulife Dana Ekuitas Insurance NPWP 34,785,300 0.14
PHILLIP SECURITIES PTE LTD Institution - Foreign 26,170,540 0.10
JONG TJHUN PING Individual - Local 20,000,000 0.08
FX BOEDI SOEBIANTO Individual - Local 18,505,700 0.07
PT. CORIN INVESTA CORPORA Limited Liability Company NPWP 18,100,000 0.07
SSB 2CW4 HSBC BK PLC ATO STT ST AUT EMG MKT TIEF -2183965186 Institution - Foreign 17,800,300 0.07
PT ELANG MAHKOTA TEKNOLOGI Limited Liability Company NPWP 17,555,200 0.07
DJOHAN EMIR SETIJOSO, IR Individual - Local 15,000,000 0.06
OH YUNG SHANG GERALD (HU RONGSHANG GERALD) Individual - Foreign 15,000,000 0.06
CGS INTERNATIONAL SECURITIES SINGAPORE PTE LTD Institution - Foreign 14,570,131 0.06
PT BNI LIFE INSURANCE-SHF Insurance NPWP 14,185,700 0.06
OCBC SECURITIES PTE LTD -CLIENT A/C Institution - Foreign 14,029,877 0.06
108 PT BANK CIMB NIAGA TBK 2025 Annual Report
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Supporting Business Corporate Corporate Social Other Financial
Report Governance Responsibilities Corporate Data Statement
COMPOSITION OF SHAREHOLDERS WITH OWNERSHIP >5%
1 January 2025 31 December 2025
Shareholder Name Share Type
Number of Shares Ownership Number of Shares Ownership
(units) Percentage (%) (units) Percentage (%)
CIMB GROUP SDN BHD 22,991,336,581 91.44 22,991,336,581 91.44 Common Stocks
As of 31 December 2025, there were no institutional shareholders holding more than 5% of the Bank’s shares other than
CIMB Group Sdn. Bhd., which is also the Bank’s controlling shareholder. However, the Bank is committed to guaranteeing
the rights of shareholders in accordance with Article 11, paragraph 11.3 of the Bank’s Articles of Association, which
stipulates that shareholders, either individually or jointly, representing at least 1/10 of the total number of shares with
valid voting rights, may propose agenda items for the GMS, including proposing nominations for members of the Bank’s
Board of Directors and Board of Commissioners.
COMPOSITION OF SHAREHOLDERS GROUPS WITH OWNERSHIP <5%
Local Foreign
Shareholder 1 January 2025 31 December 2025 Share 1 January 2025 31 December 2025 Share
Group Type Type
Number of Ownership Number of Number of Ownership Number of Number of Ownership Number of Number of Ownership Number of
Shares (units) Percentage (%) Shareholders Shares (units) Percentage (%) Shareholders Shares (units) Percentage (%) Shareholders Shares (units) Percentage (%) Shareholders
Individual 987,300,950 3.93 49,331 1,052,807,733 4.19 45,830 Common 7,256,067 0.03 109 22,551,467 0.09 109 Common
Stocks & Stocks &
MESOP/ MESOP/
ESOP ESOP
Institution - - - - - - - 669,314,339 2.66 168 603,629,290 2.40 137 Common
Stocks
Individual – 6,955,363 0.03 41 6,008,663 0.02 45 Common - - - - - - Common
KITAS NPWP Stocks & Stocks &
MESOP/ MESOP/
ESOP ESOP
Bank 4,482,134 0.02 26 1,979,734 0.01 26 Common - - - - - - Common
Stocks Stocks
Broker 6,702,355 0.03 42 5,286,608 0.02 44 Common - - - - - - Common
Stocks Stocks
Government - - - - - - Common - - - - - - Common
of the Republic Stocks Stocks
of Indonesia
Insurance - 75,339,718 0.30 41 63,253,918 0.25 42 Common - - - - - - Common
NPWP Stocks Stocks
Cooperative 560,313 0.00 12 560,313 0.00 12 Common - - - - - - Common
Stocks Stocks
Mutual Fund 52,643,601 0.21 50 39,316,014 0.16 40 Common - - - - - - Common
Stocks Stocks
Pension Funds 889,674 0.00 32 1,742,774 0.01 32 Common - - - - - - Common
Stocks Stocks
Limited Liability 338,690,197 1.35 416 353,499,140 1.41 418 Common 898 0.00 2 898 0.00 2 Common
Company - Stocks Stocks
NPWP
Limited Liability 54,783 0.00 3 54,783 0.00 3 Common - - - - - - Common
Company – Stocks Stocks
Without NPWP
Foundation 43,968 0.00 31 43,968 0.00 31 Common - - - - - - Common
Stocks Stocks
Foundation 634,902 0.00 5 133,959 0.00 6 Common - - - - - - Common
NPWP Stocks Stocks
Total 1,474,297,958 5.87 50,030 1,524,687,607 6.06 46,529 - 676,571,304 2.69 279 626,181,655 2.49 248 -
The Bank’s shareholder group of less than 5% consists of institutions and individuals, with the number on 1 January
2025 owned by 47.768 shareholders and on 31 December 2025 owned by 44.278 shareholders. The shareholder group
of less than 5% based on the classification of individuals and institutions, both local and foreign, is as follows:
1 January 2025 31 December 2025
Shareholder Group
Number of Ownership Number of Number of Ownership Number of
Shares (units) Percentage (%) Shareholders Shares (units) Percentage (%) Shareholders
Individual Local 49,372 994,256,313 3.95 45,875 1,058,816,396 4.21
Foreign 109 7,256,067 0.03 109 22,551,467 0.09
Institution Local 658 480,041,645 1.91 654 465,871,211 1.85
Foreign 170 669,315,237 2.66 139 603,630,188 2.40
PT BANK CIMB NIAGA TBK 2025 Annual Report 109
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Performance Management Company Management Risk
Highlights Reports Profile Discussion & Analysis Management
NUMBER OF SHAREHOLDERS AND PERCENTAGE BASED ON CLASSIFICATION
Local Foreign
Shareholder 1 January 2025 31 December 2025 1 January 2025 31 December 2025
Group Number Number Number Number
Number of Ownership Number of Ownership Number of Ownership Number of Ownership
of Shares of Shares of Shares of Shares
Shareholders Percentage (%) Shareholders Percentage (%) Shareholders Percentage (%) Shareholders Percentage (%)
(units) (units) (units) (units)
Bank 26 4,482,134 0.02 26 1,979,734 0.01 - - - - - -
Broker 42 6,702,355 0.03 44 5,286,608 0.02 - - - - - -
Government of - - - - - - - - - - - -
the Republic of
Indonesia
Individual 49,331 987,300,950 3.93 45,830 1,052,807,733 4.19 109 7,256,067 0.03 109 22,551,467 0.09
Individual-KITAS & 41 6,955,363 0.03 45 6,008,663 0.02 - - - - - -
NPWP
Cooperative 12 560,313 0.00 12 560,313 0.00 - - - - - -
Mutual fund 50 52,643,601 0.21 40 39,316,014 0.16 - - - - - -
Pension Fund 32 889,674 0.00 32 1,742,774 0.01 - - - - - -
Limited Liability 416 338,690,197 1.35 418 353,449,140 1.41 2 898 0.00 2 898 0.00
Company - NPWP
Limited Liability 3 54,783 0.00 3 55,783 0.00 - - - - - -
Company –
Without NPWP
Insurance - NPWP 41 75,339,718 0.30 42 63,253,918 0.25 - - - - - -
Foundation NPWP 5 634,902 0.00 6 133,959 0.00 - - - - - -
Foundation 31 43,968 0.00 31 43,968 0.00 - - - - - -
Institution - - - - - - 168 669,314,339 2.66 137 603,629,290 2.40
Total 50,030 1,474,297,958 5.87 46,529 1,524,687,607 6.06 279 676,571,304 2.69 248 626,181,655 2.49
SHARE OWNERSHIP (DIRECT AND INDIRECT) OF MEMBERS OF THE BOARD OF COMMISSIONERS AND
BOARD OF DIRECTORS
Share ownership (direct and indirect) of members of the Board of Commissioners and Board of Directors who served
and/ or were appointed in 2025, as follows:
CIMB Niaga CIMB Group Other Bank/Financial
Name Position Non-Financial Institution Shares
Shares Shares Institution Shares
1 January 2025
Board of Commissioners
Didi Syafruddin President - 47,791 (<5%) • JP Morgan Chase: 15,767 • AT&T: 5,000 shares or (<5%);
Yahya Commissioner shares (<5%); • Empress Properties Sdn Bhd:
100 shares or 100% (registered
under the name of Didi
Syafruddin Yahya, wife: Sarina
Mahmood, and children: Iman
Yahya & Farah Dianputri).
Glenn M. S. Yusuf Vice President - - - -
Commissioner
(Independent)
Sri Widowati Independent - - - -
Commissioner
Vera Handajani Commissioner 1,055,401#(<5%) 777,203 (<5%) - -
Farina J. Independent - - - • PT Pensieve Teknologi
Situmorang Commissioner Indonesia: 1,675 shares or
(>5%)
• PT Kapitalis Inspirasi
Nusantara: 1,750 shares or
(>5%)
• PT Katalis Anugerah Semesta:
100 shares (>5%)
• PT Protego Teknologi
Indonesia: 5,455 shares (>5%)
• PT Eudaemonia Ventures
Indonesia: 990 shares (>5%)
Dody Budi Independent - - - -
Waluyo Commissioner
Novan Amirudin Commissioner - 540,230 (<5%) - Astro Malaysia Holdings Berhad:
51,450 shares (<5%)
110 PT BANK CIMB NIAGA TBK 2025 Annual Report
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Supporting Business Corporate Corporate Social Other Financial
Report Governance Responsibilities Corporate Data Statement
CIMB Niaga CIMB Group Other Bank/Financial
Name Position Non-Financial Institution Shares
Shares Shares Institution Shares
Board of Directors
Lani Darmawan President 1,511,501 (<5%) 740,725 (<5%) PT CIMB Niaga Auto Finance -
Director (CNAF): 22.000 shares (<5%)
Lee Kai Kwong Director 664,000 (<5%) 59 (<5%) - -
John Simon Director 973,301 (<5%) 109,413 (<5%) PT CIMB Niaga Auto Finance -
(CNAF): 22.000 shares (<5%)
Fransiska Oei Director 947,001 (<5%) 506,022 (<5%) • PT Bank Danamon Indonesia -
Tbk: 450,000 shares (<5%)
• PT Bank Central Asia Tbk:
27,300 shares (<5%)
• PT CIMB Niaga Auto Finance
(CNAF): 22,000 shares (<5%)
Pandji P. Director 732,501 (<5%) 325 (<5%) - -
Djajanegara
Tjioe Mei Tjuen* Director 335,900 (<5%) - PT CIMB Niaga Auto Finance -
(CNAF): 22,000 shares (<5%)
Henky Sulistyo Director 145,600 (<5%) 14,153 (<5%) • Allo Bank Indonesia: 5,000 • HM Sampoerna Tbk: 42,000
shares (<5%) saham (<5%)
• BPD Jabar dan Banten: 40,600 • Multi Bintang Indonesia: 1,000
shares (<5%) saham (<5%)
• GoTo Tbk: 300,000 saham
(<5%)
• Garuda Indonesia: 200,000
saham (<5%)
Joni Raini Director 244,901 (<5%) 41,551 (<5%) PT CIMB Niaga Auto Finance -
(CNAF): 22,000 shares (<5%)
Rusly Johannes Director 813,001 (<5%) 40 (<5%) PT CIMB Niaga Auto Finance -
(CNAF): 22,000 shares (<5%)
Noviady Director 55,400 (<5%) 1,720 (<5%) PT CIMB Niaga Auto Finance -
Wahyudi (CNAF): 10,000 shares (<5%)
31 December 2025
Board of Commissioners
Didi Syafruddin President - 46,791 (<5%) • JP Morgan Chase: 15,767 • Empress Properties Sdn Bhd:
Yahya Commissioner shares (<5%); 100 shares or 100% (registered
under the name of Didi
Syafruddin Yahya, wife: Sarina
Mahmood, and children: Iman
Yahya & Farah Dianputri).
Glenn M. S. Vice President - - - -
Yusuf Commissioner
(Independent)
Sri Widowati Independent - - - -
Commissioner
Vera Handajani Commissioner 1,055,401#(<5%) 518,853 (<5%) - • PT Sinar Asia Murni: 95 shares
or (>5%)
• PT Global Lisensi Abadi: 180
shares or (>5%)
Farina J. Independent - - - • PT Pensieve Teknologi Indonesia:
Situmorang Commissioner 1,675 shares or (>5%)
• PT Kapitalis Inspirasi Nusantara:
1,750 shares or (>5%)
• PT Loka Samasta Indonesia: 6,750
shares or (>5%)
• PT Protego Teknologi Indonesia:
5,455 shares or (>5%)
• PT Eudaemonia Ventures
Indonesia: 990 shares or (>5%)
• PT Pensieve Teknologi Global: 25
shares or (<5%)
Dody Budi Independent - - - -
Waluyo Commissioner
Novan Amirudin Commissioner - 253,114 (<5%) - • Astro Malaysia Holidngs Berhad:
5,450 shares or (<5%)
PT BANK CIMB NIAGA TBK 2025 Annual Report 111
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Performance Management Company Management Risk
Highlights Reports Profile Discussion & Analysis Management
CIMB Niaga CIMB Group Other Bank/Financial
Name Position Non-Financial Institution Shares
Shares Shares Institution Shares
Board of Directors
Lani Darmawan President 1,826,901 (<5%) 933,455 (<5%) PT CIMB Niaga Auto Finance -
Director (CNAF): 22,000 shares (<5%)
Lee Kai Kwong Director 832,400 (<5%) 20,059 (<5%) - -
John Simon Director 1,154,201 (<5%) 75,900 (<5%) PT CIMB Niaga Auto Finance -
(CNAF): 22,000 shares (<5%)
Fransiska Oei Director 1,088,901 (<5%) 539,052 (<5%) • PT Bank Danamon Indonesia -
Tbk: 175,000 shares (<5%)
• PT Bank Central Asia Tbk:
105,100 shares (<5%)
• PT CIMB Niaga Auto Finance
(CNAF): 22,000 shares (<5%)
Pandji P. Director 850,726 (<5%) 33,050 (<5%) - • PT Citra Investa Adhidana:
Djajanegara 1,250 shares or (>5%)
Henky Sulistyo Director 304,300 (<5%) 41,643 (<5%) • Allo Bank Indonesia: 5,000 • HM Sampoerna Tbk: 42,000
shares (<5%) shares or (<5%)
• BPD Jabar and Banten: 40,600 • Multi Bintang Indonesia: 1,000
shares (<5%) shares or (<5%)
• GoTo Tbk: 300,000 shares or
(<5%)
Joni Raini Director 365,001 (<5%) 28,950 (<5%) • PT CIMB Niaga Auto Finance -
(CNAF): 22,000 shares (<5%)
Rusly Johannes Director 974,201 (<5%) 55,610 (<5%) • PT CIMB Niaga Auto Finance -
(CNAF): 22,000 shares (<5%)
Noviady Director 114,900 (<5%) 33,660 (<5%) • PT CIMB Niaga Auto Finance -
Wahyudi (CNAF): 10,000 shares (<5%)
Rico Usthavia Direktur - - • PT Bank Mandiri (Persero) Tbk: • PT Mobile Sarana Sentosa
Frans** 2,819,800 shares or (<5%) Tbk: 3,000,000 shares or (<5%)
• PT Bank Central Asia Tbk: • PT XLSmart Telecom Sejahtera
385,500 shares or (<5%) Tbk: 76 shares or (<5%)
• PT Bank Negara Indonesia • PT Qoora Sejahtera Bersama:
(Persero) Tbk: 45,000 shares or 69 shares or (<5%)
(<5%) • PT Reksa Jaksa Adika: 50,000
• PT Bank Rakyat Indonesia shares or (<5%)
(Persero) Tbk: 661,754 shares • PT Zippy Inter Polar: 222,000
or (<5%) shares or (<5%)
*
Resigned as Director effective as of the closing of the AGMS on 14 April 2025.
**
Effective appointed as the Director on 24 July 2025.
#
Share ownership is the realization of remuneration rights received while serving as Director.
All members of the Board of Commissioners and Board of Directors do not have indirect ownership of the Bank’s shares.
BOARD OF COMMISSIONERS AND BOARD OF DIRECTORS’ SHARES PURCHASE/SALE TRANSACTIONS
Each member of the Board of Commissioners and Board of Directors is required to submit information to the Bank
regarding their ownership and any changes in their ownership of the Bank’s shares no later than 3 (three) working
days after the transaction occurs in accordance with OJK Regulation (POJK) No. 11/POJK.04/2017 concerning Ownership
Reports or Any Changes in Ownership of Public Company Shares. Subsequently, the Bank is required to submit a report
to the OJK regarding the transaction no later than 10 (ten) days after the transaction occurs.
In addition to referring to the POJK, CIMB Niaga also has internal provisions, namely the Conflict Management Policy,
which requires each member of the Board of Commissioners and/or Board of Directors to notify of any purchase or
sale transaction of CIMB Niaga shares they own at least 2 (two) working days before the transaction is carried out and,
furthermore, must report the transaction within 2 (two) working days after the transaction occurs.
As of 31 December 2025, there were no recorded transactions of purchase or sale of CIMB Niaga shares carried out by
members of the Board of Commissioners and Board of Directors who have been effective. The addition of the number
of shares of members of the Board of Directors and Board of Commissioners who have been effective is a realization of
the company’s stock ownership program (MESOP).
112 PT BANK CIMB NIAGA TBK 2025 Annual Report
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Until 31 December 2025, information regarding changes in share ownership of members of the Board of Commissioners
and Board of Directors in the Bank’s shares is disclosed in the following table:
Number of Number of Number of
Number of Number of Shares as of Transaction
Name Type of Shares as Share Price Shares
Position Transaction of 1 January Purchase/ Purchases/ After Reporting
(Rp/share) Transaction 31 December Date
Sales Sales
2025 2025
Didi Syafruddin Yahya President - - - - - - - - -
Commissioner
Glenn M. S. Yusuf Vice President - - - - - - - - -
Commissioner
(Independent)
Sri Widowati Independent - - - - - - - - -
Commissioner
Vera Handajani *
Commissioner - 1.055.401 - - - - - - -
Farina J. Situmorang Independent - - - - - - - - -
Commissioner
Dody Budi Waluyo Independent - - - - - - - - -
Commissioner
Novan Amirudin Commissioner - - - - - - - - -
Lani Darmawan President Director Transfer 1,511,501 1,511,501 118,900 1,775 1,630,401 1,826,901 02 January 07 February
2025 2025
Transfer 1,630,401 196,500 1,600 1,826,901 8 April 2025 9 April 2025
Lee Kai Kwong Director Transfer 664,000 664,000 83,000 1,775 747,000 832,400 02 January 11 February
2025 2025
Transfer 747,000 85,400 1,600 832,400 8 April 2025 9 April 2025
John Simon Director Transfer 973,301 973,301 81,000 1,775 1,054,301 1,154,201 02 January 11 February
2025 2025
Transfer 1,054,301 99,900 1,600 1,154,201 8 April 2025 10 April 2025
Fransiska Oei Director Transfer 947,001 947,001 71,300 1,775 1,018,301 1,088,901 02 January 11 February
2025 2025
Transfer 1,018,301 70,600 1,600 1,088,901 8 April 2025 9 April 2025
Pandji P. Djajanegara Director Transfer 732,826 732,826 59,000 1,775 791,826 850,726 02 January 11 February
2025 2025
Transfer 791,826 58,900 1,600 850,726 8 April 2025 10 April 2025
Tjioe Mei Tjuen** Director Transfer 335,900 335,900 72,900 1,775 408,800 486,900 02 January 11 February
2025 2025
Transfer 408,800 78,100 1,600 486,900 8 April 2025 9 April 2025
Henky Sulistyo Director Transfer 145,600 145,600 33,600 1,775 179,200 243,700 02 January 07 February
2025 2025
Transfer 179,200 64,500 1,600 243,700 8 April 2025 9 April 2025
Joni Raini Director Transfer 244,901 244,901 54,400 1,775 299,301 365,001 02 January 06 February
2025 2025
Transfer 299,301 65,700 1,600 365,001 8 April 2025 9 April 2025
Rusly Johannes Direktur Transfer 813,001 813,001 78,200 1,775 891,201 974,201 02 January 17 February
2025 2025
Transfer 891,201 83,000 1,600 974,201 8 April 2025 9 April 2025
Noviady Wahyudi Director Transfer 55,400 55,400 59,500 1,600 114,900 114,900 8 April 2025 9 April 2025
Rico Usthavia Frans*** Director - - - - - - - - -
*
Share ownership is the realization of remuneration rights received while serving as Director.
**
Resigned as Director effective as of the closing of the AGMS on 14 April 2025.
***
Effective appointed as the Director on 24 July 2025.
CIMB NIAGA SHARE OWNERSHIP BY SENIOR EXECUTIVES
Officials one level below the Board of Directors have ownership of the Bank’s shares, either through the Management/
Employee Stock Option Program (MESOP) or Material Risk Taker (MRT) or purchases on the stock market. Details of
CIMB Niaga share ownership by Senior Executives as of 31 December 2025 have been uploaded on the Bank’s website
and can be accessed at: https://investor.cimbniaga.co.id/gcg/shareholdings_seo.html.
DEVELOPMENT OF CAPITAL STRUCTURE AND NUMBER OF SHARES
IN CIRCULATION DURING THE LAST 5 (FIVE) YEARS
In the period from 2020 to 2023, CIMB Niaga did not issue new shares. In 2024, CIMB Niaga issued new shares amounting
to 10,599,000 in connection with the implementation of Capital Increase Without Granting Pre-Emptive Rights (Non Pre-
Emptive Right Issue). Subsequently, in 2025, CIMB Niaga did not issue new shares; therefore, the capital composition
as of 31 December 2025 is as follows:
Description Number of Shares (units) Nominal (in Rupiah)
Authorized Capital 50,886,460,336 2,900,000,000,000
Class A Nominal Rp5,000 71,853,936 359,269,680,000
Class B Nominal Rp50 50,814,606,400 2,540,730,320,000
2025 25,142,205,843 1,612,787,275,350
Class A Nominal Rp5,000 71,853,936 359,269,680,000
Class B Nominal Rp50 25,070,351,907 1,253,517,595,350
Shares have not been Issued/Paid-up 25,744,254,493 1,287,212,724,650
Class A Nominal Rp5,000 - -
Class B Nominal Rp50 25,744,254,493 1,287,212,724,650
PT BANK CIMB NIAGA TBK 2025 Annual Report 113
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Performance Management Company Management Risk
Highlights Reports Profile Discussion & Analysis Management
Chronology of Issuance and/or Listing of Shares
On 29 November 1989, CIMB Niaga listed its initial shares on the Indonesia Stock Exchange through an initial public
offering of 5,000,000 Bank shares to the public with a nominal value of Rp1,000 per share and an offering price of
Rp12,500. The chronology of CIMB Niaga’s share listing and issuance information until the end of the 2025 financial year
is as follows:
Number of New Stock Exchange Total of Paid-Up
Year Corporate Action Shares and Shares Number of Shares
Listing Date Capital (in Rupiah)
Offering Price
1989 Initial Public Offering (IPO) 5,000,000 29-11-1989 5,000,000 5,000,000,000
1991 Share Dividends 1,170,953 19-02-1991 6,170,953 6,170,953,000
1992 Limited Public Offering with HMETD (PUT I) 5,252,500 23-12-1992 11,423,453 11,423,453,000
1993 Company Listing 46,353,964 01-03-1993 57,777,417 57,777,417,000
1995 Bonus shares from agio 57,777,417 26-12-1995 115,554,834 115,554,834,000
1996 Convertible bonds 42,020,000 15-02-1996 157,574,834 157,574,834,000
1996 Limited Public Offering with HMETD (PUT II) 31,514,487 15-11-1996 189,089,321 189,089,321,000
1997 Nominal Value Split (Rp1,000 to Rp500/ Class A (@Rp500) 08-09-1997 378,178,642 189,089,321,000
share) 378,178,642
1997 Bonus shares from agio Class A (@Rp500) 16-09-1997 718,539,351 359,269,675,500
340,360,709
1999 Limited Public Offering with HMETD (PUT III) Class B (@Rp5) 09-08-1999 Class A 359,269,675,500
71,135,395,749 718,539,351
Class B 355,676,978,745
71,135,395,749
2001 Limited Public Offering without Rights Issue Class B (@Rp5) 21-3-2001 Class A 359,269,675,500
(a total of 782,460,672 Class B shares not 6,392,132,084 718,539,351
listed)
Class B 387,637,639,165
77,527,527,833
2004 Limited Public Offering without Pre-emptive Class A (@Rp500) 12-5-2004 Class A 359,269,675,500
Rights 9 Class B (@Rp5) 7 718,539,360
Class B 387,637,639,200
77,527,527,840
2004 10-for-1 reverse stock split Class A (@ 21-5-2004 Class A 71,853,936 359,269,680,000
Rp5,000) Class B
(@Rp50) Class B 387,637,639,200
7,752,752,784
2004 ESOP Implementation Class B (@Rp50) 20-8-2004 Class A 71,853,936 359,269,680,000
417,809,500
2005 Series 1 Warrants 691,538,316 31-8-2005 Class B 640,592,910,500
12,811,858,210
2008 Converting 3,915,733,039 shares of PT Bank Class B (@Rp50) 1-11-2008 Class A 71,853,936 359,269,680,000
Lippo Tbk in the context of merger 11,051,151,514
Class B 1,193,150,486,200
23,863,009,724
2010 Limited Public Offering with Pre-emptive Class B (@Rp50) 30-12-2010 Class A 71,853,936 359,269,680,000
Rights (LPO V) (a total of 11,967,431 Class B 1,196,743,183
shares were not listed) Class B 1,252,987,645,350
25,059,752,907
2024 Addition of Capital Without Pre-emptive Class B (@Rp50) 01-02-2024 Class A 71,853,936 359,269,680,000
Rights (PMTHMETD) 1,253,517,595,350
Class B 1,253,517,595,350
25,070,351,907
As of 31 December 2025, the number of CIMB Niaga shares issued is as follows:
Share Type Total Stock Exchange
The number of Class A shares listed
*
71,853,936 Indonesia Stock Exchange
The number of Class B** shares listed 24,890,783,784 Indonesia Stock Exchange
The number of Class B** shares not listed (1%) 251,422,059 Not listed
*
Class A Shares @Rp5,000 per share.
**
Class B Shares @Rp50 per share.
114 PT BANK CIMB NIAGA TBK 2025 Annual Report
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Chronology of Other Securities Listings
CIMB Niaga has issued bonds and sukuk in Rupiah several times with the aim of strengthening its capital structure and
supporting the Bank’s business expansion. The bonds and sukuk include Bank CIMB Niaga III Subordinated Bonds and
Bank CIMB Niaga I Continuous Mudharabah Sukuk. All securities issued by CIMB Niaga and still in circulation are listed
on the Indonesia Stock Exchange.
OUTSTANDING BONDS AND SUKUK
By the end of 2025, all Bonds / Sukuk issued by CIMB Niaga had been fully matured and settled, meaning there is no
outstanding Bonds / Sukuk.
In 2025, CIMB Niaga did not issue new bonds/sukuk.
BONDS AND SUKUK THAT HAVE MATURED AND PAID OFF IN THE LAST 2 (TWO) YEARS
The list of CIMB Niaga bonds and sukuk that have matured and been paid off in the last 2 (two) years has been described
in the discussion of Bonds, Sukuk, or Convertible Bonds Information as stated in the Financial and Operational Data
Overview Chapter of this Annual Report.
ISSUANCE OF NEGOTIABLE CERTIFICATES OF DEPOSIT (NCD) CIMB NIAGA
In 2025, CIMB Niaga did not issue any new Negotiable Certificates of Deposit (NCD). The following is information
regarding NCDs that have been paid off:
Nominal
Maturity Tenor
Description Issuance Date Coupon Currency (in billion Status
Date (Month) Rupiah)
NCD I CIMB Niaga 2015 Series A 15 December 15 Jun 16 6 9.00% Rupiah 760 Paid
15
NCD I CIMB Niaga 2015 Series B 15 December 15 12 9.10% Rupiah 170 Paid
15 December
16
NCD II CIMB Niaga 2016 Series A 16 Jun 16 16 Sep 16 3 6.95% Rupiah 60 Paid
NCD II CIMB Niaga 2016 Series B 16 Jun 16 13 Jan 17 7 7.60% Rupiah 230 Paid
NCD II CIMB Niaga 2016 Series C 16 Jun 16 16 Mar 17 9 7.80% Rupiah 910 Paid
NCD III CIMB Niaga 2017 Series A 18 May 17 17 Nov 17 6 7.20% Rupiah 576 Paid
NCD III CIMB Niaga 2017 Series B 18 May 17 15 Feb 18 9 7.35% Rupiah 214 Paid
NCD III CIMB Niaga 2017 Series C 18 May 17 18 May 18 12 7.45% Rupiah 710 Paid
PT BANK CIMB NIAGA TBK 2025 Annual Report 115
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Performance Management Company Management Risk
Highlights Reports Profile Discussion & Analysis Management
Group Structure
Khazanah Employee Permodalan Kumpulan Wang
Persaraan Public
Nasional Berhad Provident Fund Nasional Berhad (diperbadankan)
21.4% 18.3% 7.3% 5.9% 47.1%
CIMB Group Holdings Berhad*
100%
Public
CIMB Group Sdn Bhd
92.46%**
7.54%
83.28% 97.32%
PT CIMB Niaga Auto Finance PT CIMB Niaga Sekuritas
*
The Ultimate Beneficial Owner of CIMB Niaga is Novan Amirudin.
**
Including PT Commerce Kapital 1.02%.
The composition of CIMB Niaga Shareholders up to the financial year ending 31 December 2025, is as follows:
Shareholder Name Number of Shares Nominal Amount %
(units) (in Rupiah)
CIMB Group Sdn Bhd 22,991,336,581 1,149,566,829,050 91.44
PT Commerce Kapital 255,399,748 12,769,987,400 1.02
*
Other Public Shareholder <5% 1,895,469,514 450,450,458,900 7.54
Total Paid-up and Issued Capital 25,142,205,843 1,612,787,275,350 100.00
*
Including Shares of Members of the Bank’s Board of Commissioners & Board of Directors
ULTIMATE SHAREHOLDERS AND CONTROLLING SHAREHOLDERS
Based on the table above, CIMB Group Holding Berhad (CIMB Group), which controls 91.44% of the Bank’s shares, is the
Ultimate Shareholder and Controlling Shareholder of CIMB Niaga.
116 PT BANK CIMB NIAGA TBK 2025 Annual Report
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CIMB GROUP PROFILE
CIMB Group Holdings Berhad is a leading bank focused on ASEAN and one of the leading corporate advisors in the
region. CIMB Group is also the world’s largest major player in Islamic finance. CIMB Group is headquartered in Kuala
Lumpur, Malaysia, and offers consumer banking, commercial banking, wholesale banking, Islamic banking, wealth
management, and digital payments products and services.
To date, CIMB Group is the fifth largest bank by assets for banking in the ASEAN region, with approximately 33,326
employees and more than 28 million customers as of the end of 2025.
CIMB Group Holdings Berhad has been listed on Bursa Malaysia since 1987 and is one of the largest companies, with a
market capitalization of RM89.0 billion as of 31 December 2025. In 2025, CIMB Group had total assets of RM778.7 billion,
with registered shareholders’ equity of RM70.4 billion and total Shariah assets of RM241.7 billion. At the end of 2025, the
largest shareholders of CIMB Group Holdings Berhad were (i) Khazanah Nasional with a share of 21.4%, (ii) Employees
Provident Fund (EPF) with a share of 18.3%, (iii) Kumpulan Wang Persaraan (Diperbadankan) with a share of 5.9%,
(iv) Permodalan National Berhad 7.3%, and (v) Public 47.1%.
VISION
To be the leading focused ASEAN bank.
PURPOSE
To Build a high-performing sustainable organisation to help advance customers and society.
MANAGEMENT
Name Position
Datuk Syed Zaid Syed Jaffar Albar Chairperson/Independent Non-Executive Director
Muhammad Novan Amirudin Group Chiief Executive Officer/Executive Director
YM Tengku Dato’ Sri Azmil Zahruddin Raja Abdul Aziz Senior Independent Non-Executive Director
Dato’ Lee Kok Kwan Non-Independent Non-Executive Director
Didi Syafruddin Yahya Non-Independent Non-Executive Director
Shulamite N K Khoo Independent Non-Executive Director
Ho Yuet Mee Independent Non-Executive Director
Datin Azlina Mahmad Independent Non-Executive Director
Lyn Therese McGrath Independent Non-Executive Director
Selvendran Katheerayson Non-Independent Non-Executive Director
Yasmin Aladad Khan Independent Non-Executive Director
CIMB GROUP HOLDINGS BERHAD
Level 13, Menara CIMB
Jalan Stesen Sentral 2, Kuala Lumpur Sentral
50470 Kuala Lumpur, Malaysia
Phone. : 603 2261 8888
Fax. : 603 2261 0099
Website : www.cimb.com
Investor Relations : ir@cimb.com
PT BANK CIMB NIAGA TBK 2025 Annual Report 117
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Performance Management Company Management Risk
Highlights Reports Profile Discussion & Analysis Management
Subsidiaries, Associated, and Joint Ventures
SUBSIDIARIES
Date of Operation Total Asset in 2025
Name Address Line of Business Share Ownership Establishement Status (in Rupiah)
PT CIMB Niaga Auto Jl. Bintaro Utama 9 Blok B9/I No. 15, Financing 83.28% 10 December Active 11.5 triliun
Finance Kel. Pondok Pucung, Kec. Pondok Aren, Company 1981
Kota Tangerang Selatan 15229
Call Center : 0804 1 090909 E-mail : info@cnaf.
co.id Situs Web : www.cnaf.co.id
PT CIMB Niaga Sekuritas Graha CIMB Niaga Lt. 25 Securities 97.32% 12 March Active 658,952 million
Jl. Jend. Sudirman Kav. 58, Jakarta 12190 Company 2018
Phone. : +62 21 5084 7847 (Underwriter)
Fax. : +62 21 5084 7849
E-mail : corsec@cimbniaga-ibk.co.id
PARTICIPATION
Total Asset in
Operation Ownership Portion
Name Address Line of Business 2025 (in million
Status Rupiah)
Bank Muamalat Indonesia Muamalat Tower, Lt. 18 Active 0.13% Sharia Banking 60,588
Jl. Prof. Dr. Satrio, Kav. 18 Jakarta 12940 (unaudited)
Sarana Aceh Ventura Jl. Tgk. Syech Muda Wali No. 39 Banda Aceh Active 1.32% Venture Capital 4,604
23242
Sarana Bali Kerthi Jl. Diponegoro No. 150 Active 3.81% Venture Capital 59,346
Development Fund Ventura Komplek IDT/Ruko Genteng Biru Blok B 23-24
Denpasar - Bali
Sarana Jambi Ventura Jl. Kapten Pattimura No. 119 Jambi 36129 Active 2.24% Venture Capital 202
Sarana Jateng Ventura Jl. Taman Sompok No. 18 Semarang 50249 Active 2.62% Venture Capital 45,191
Sarana Jatim Ventura Jl. Jemur Andayani No. 33 Surabaya 60237 Active 5.81% Venture Capital 70,394
Sarana Kalbar Ventura Jl. M. Sohor No. 9 AB Pontianak 78121 Active 2.45% Venture Capital 30,540
PT Sarana Kalsel Ventura Jl. Pramuka No. 4 Banjarmasin Active 1.04% Venture Capital 74,642
Sarana Lampung Ventura Jl. Diponegoro No. 69A Gulak Galik, Active 2.52% Venture Capital 39,897
Bandar Lampung 35214
Sarana Sulsel Ventura Jl. Faisal Raya, No. 14 Makassar Active 2.89% Venture Capital 48,139
Sarana Sumatera Barat Ventura Gedung Rangkiang Ventura Active 3.37% Venture Capital 61,897
Jl. Khatib Sulaiman No. 9 Kav. 5 s/d 7 Padang,
Sumatera Barat
Sarana Surakarta Ventura Jl. M. Saleh Werdisastro No. 1 Surakarta 57133 Active 1.85% Venture Capital 35,506
(unaudited)
Sarana Yogya Ventura Jl. Yos Sudarso 25 Kotabaru Yogyakarta 55224 Active 3.89% Venture Capital 49,875
Other (< 100,000 Shares) - Active 0.05%-1.52% Financing Institution -
According to Audited Financial
Report
118 PT BANK CIMB NIAGA TBK 2025 Annual Report
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ASSOCIATED ENTITIES, JOINT VENTURE, AND In mid-2015, the Company merged with another
SPECIAL PURPOSE VEHICLE (SPV) subsidiary of CIMB Niaga, namely PT Kencana Internusa
Until the end of 2025, CIMB Niaga does not have any Artha Finance (KITAF), considering that both companies
Associated Entities, Joint Ventures, and Special Purpose operate in the same industry. In this case, the Company
Vehicles (SPV). acted as the recipient of the merger after obtaining prior
approval from the Otoritas Jasa Keuangan (OJK) on 19
SUBSIDIARY PROFILE November 2015. This corporate action was then ratified
by the Company’s Extraordinary GMS on 23 December
2015 and became effective as of 1 January 2016.
Rapid growth from year to year has further strengthened
the Company as one of the leading financing companies
in Indonesia. By carrying a fast and simple value
proposition and becoming a competitive and healthy
NAME: growing company in the financing industry. The
PT CIMB Niaga Auto Finance Company transformed its logo in 2020, becoming “CIMB
Niaga Finance” to further strengthen its positioning as
LEGAL BASIS OF ESTABLISHMENT: a subsidiary that continues to synergize with its parent
ADeed No. 48 dated 10 December 1981 amended by Deed company, namely PT Bank CIMB Niaga Tbk. This logo
No. 80 dated 16 February 1982 and Deed No. 50 dated 27 transformation also sharpens the public paradigm of the
October 1982 all made in the presence of Notary Frederik Company, namely focusing on financing four-wheeled
Alexander Tumbuan, S.H. Notary in Jakarta, under the vehicles and expanding financing segmentation such as
name PT Saseka Gelora Leasing. multipurpose financing.
VISION: Along with the development of digital technology, the
To become the most profitable multifinance company in Company launched the CNAF Mobile application, which
Indonesia. is one of the implementations of the transformation that
is being carried out. The application is here to make it
MISSION: easier for prospective debtors to apply for financing
Committed to becoming a finance company that provides via smartphones with easy requirements, monitor the
the best value for all Stakeholders through excellent status of application submissions in real time, and
customer service, strong and mutually beneficial obtain information on financing products and programs.
partnerships, quality human resources, and contributing This application also provides maximum protection for
to society. customers.
PT CIMB NIAGA AUTO FINANCE PROFILE In terms of organization and business model, the
PT CIMB Niaga Auto Finance (the Company or CNAF), Company continues to carry out gradual development to
previously known as PT Saseka Gelora Leasing, was achieve its vision and realize its commitment to achieving
established on 10 December 1981 based on the healthy and sustainable business growth. Since 2021,
Company’s Deed of Establishment No. 48 and was the Company has continued to consistently accelerate
amended by Deed No. 80 on 16 February 1982 and Deed digitalization through various digital innovations.
No. 50 on 27 October 1982. In 1996, PT Bank CIMB Niaga
Tbk (formerly PT Bank Niaga Tbk) acquired the Company In 2022, the Company implemented a strategy to continue
through a 79.65% share participation and became the to increase financing distribution by taking advantage
majority shareholder. In 2007, PT Bank CIMB Niaga Tbk of the economic recovery and the automotive industry
(CIMB Niaga) increased its share ownership to 95.91%. that has improved from the COVID-19 pandemic. As a
result, the Company is increasingly known as one of the
On 26 August 2010, the Company conducted a leading financing companies in Indonesia that offers the
rebranding marked by the transformation of its business convenience of owning new and used cars of various
from leasing to consumer financing, especially motor brands as well as multipurpose and hajj financing, with
vehicles. This transformation also confirms its existence easy requirements and adjusted tenors. CIMB Niaga
as a subsidiary of PT Bank CIMB Niaga Tbk. Finance also has two financing systems that customers
can choose from (conventional and sharia).
PT BANK CIMB NIAGA TBK 2025 Annual Report 119
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Performance Management Company Management Risk
Highlights Reports Profile Discussion & Analysis Management
In 2025, CNAF continued its positive performance trend VISION:
by maintaining even growth across all segments. In line To be a leading ASEAN company and a major player in
with the Company’s strategy to prioritize Sharia-based the underwriting and financial advisory market in the
financing and diversify Sharia funding sources, CNAF Indonesian capital market.
also strengthened its sustainability commitment by
supporting the development of environmentally friendly MISSION:
vehicles, including by offering competitive financing Consistent in providing the best capital market products
schemes. These efforts reflect the Company’s strategy in and services in improving the quality of customer
creating sustainable value while supporting the transition value through the creation of innovative capital market
towards a green economy in Indonesia. products aimed to attract investor interest by leveraging
CIMB Group’s vast and experienced network.
Through a service network in 31 branches in Indonesia,
CIMB Niaga Finance will always be present by providing PT CIMB NIAGA SEKURITAS PROFILE:
various products and services according to the customer’s In 2017, CIMB Group Holdings Berhad (CIMBGH)
life cycle and providing a profitable experience for all its initiated a strategic transformation of its regional
customers. operations in securities brokerage and investment
banking. As part of this restructuring, CIMBGH separated
Currently, CNAF has 31 branches spread throughout the Investment Banking unit from the stockbroking
Indonesia with a total of 855 employees. activities at the regional level. In line with this initiative,
CIMBGH established PT CIMB Niaga Sekuritas in 2018
BOARD OF COMMISSIONERS as a specialized entity to carry out Investment Banking
President Commissioner : Lani Darmawan activities in Indonesia. PT CIMB Niaga Sekuritas is
Commissioner : Noviady Wahyudi majority-owned by PT Bank CIMB Niaga Tbk, with a
Commissioner : Koei Hwei Lien 97.32% shareholding.
Independent Commissioner : Serena Karlita Ferdinandus
Independent Commissioner : Hidayat Dardjat Prawiradilaga With a clear strategic direction and strong institutional
Independent Commissioner : Jeffrey Kairupan support, PT CIMB Niaga Sekuritas is solidly positioned to
provide integrated and value-added investment banking
BOARD OF DIRECTORS solutions for corporate, institutional, and sovereign
President Director : Ristiawan clients across Indonesia.
Director : M. Imron Rosyadi Nur, ST
Director : Antonius Herdaru Danurdoro As the business unit overseeing Investment Banking
Director : Michael Angga activities, PT CIMB Niaga Sekuritas focuses on providing
Director : Iris Savitri various services with business licenses issued and
supervised by the Otoritas Jasa Keuangan (OJK) and Bank
Indonesia (BI), as follows:
• Securities Underwriting — OJK License No. KEP-
11/D.04/2019
• Financial Advisory Services — OJK License No. S-618/
PM.21/2019
• Arranger of Medium Term Notes (MTN) and
Negotiable Certificates of Deposit (NCD) — OJK
NAMA: License No. S-1118/PM.21/2019
PT CIMB Niaga Sekuritas • Arranger of Commercial Paper (SBK) — OJK License
No. S-1481/PM.21/2019 and Bank Indonesia License
LEGAL BASIS OF ESTABLISHMENT: No. 22/17/DPPK/Srt/B.
Deed No. 26 made by Ashoya Ratam, S.H., M.Kn., Notary,
domiciled in the Administrative City of South Jakarta, BOARD OF COMMISSIONERS
which has been legalized based on the Decree of the President Commissioner : Rusly Johannes
Minister of Law and Human Rights of the Republic of Commissioner : Nor Masliza Binti Sulaiman
Indonesia No. AHU-0021378.AH.01.01.YEAR 2018 dated Independent Commissioner : Achiran Pandu Djajanto
20 April 2018 and has been announced in the State
Gazette of the Republic of Indonesia No. 14173 of 2018, BOARD OF DIRECTORS
Supplement to the State Gazette of the Republic of President Director : Nieko Kusuma
Indonesia No. 69 dated 28 August 2018. Director : Martin Batara Simorangkir
Director : Aditya N.W. Martowardojo
120 PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 119
Supporting Business Corporate Corporate Social Other Financial
Report Governance Responsibilities Corporate Data Statement
List of Business Partnerships
Throughout 2025, CIMB Niaga established various 3. Debit and Savings Cards
strategic partnerships with business partners aimed • Complete network and card partnership with
at driving business growth, creating added value for Mastercard and GPN, including the creation of
customers, and strengthening the Bank’s competitiveness special card designs for selected community
and efficiency in achieving the targets set in the Bank’s partners.
Business Plan. Information regarding the forms of • Partnerships with various leading merchants
cooperation carried out by the Bank together with its in the wholesale, lifestyle, cafe, and restaurant
partner network across all product and service lines is as sectors and e-commerce players.
follows: 4. Mortgage and Auto-Loan
• Collaborating with well-known developers by
1. Wealth Management and Insurance providing many attractive housing options
• Bancassurance partnership for life insurance with ranging from Sinarmas Land, Ciputra, Jayaland,
Sunlife and AIA, Sompo for general insurance, and Summarecon, Paramount Land, Alam Sutera,
other leading life insurance and general insurance Pakuwon Group, and many more
companies for loan-related insurance. • Partnerships in individual loans distribution
• Partnerships with leading global and domestic to expand the auto portfolio through the Joint
investment managers in distributing mutual funds Financing scheme, both with subsidiaries through
based on customer risk profiles and investment PT CIMB Niaga Auto Finance (CNAF) and also with
objectives. several other financing companies, both under
2. Credit Cards, Personal Loans, and Emerging Business the Corporate Group and private companies,
Banking (EBB) including Astra Group through Astra Sedaya
• Complete network and card partnerships with Finance (ASF) and Federal International Finance
Mastercard, including co-branding Mastercard (FIF), Mega Central Finance (MCF), and several
World and Platinum with ALL (Accor Live Limitless). other selected Multi Finance companies, such as
• Partnerships with various leading merchants, Bussan Auto Finance (BAF), Bank Rakyat Indonesia
especially in the fields of groceries, cafes and Finance (BRI F), and several other selected Multi
restaurants, travel, gadget and electronic, and Finance.
e-commerce/marketplace players. 5. Other forms of partnerships carried out by the Bank
• Partnerships with personal loan channeling in order to expand its business and improve the
schemes with fintech lending such as Kredivo and Bank’s performance in a sustainable manner.
SPinjam.
• Partnerships with invoice financing channeling
schemes with fintech lending such as Batumbu.
Public Accountant and Public Accounting Firm
PUBLIC ACCOUNTING FIRM
Rintis, Jumadi, Rianto & Rekan (KAP RJRR)
WTC 3 Jl. Jend. Sudirman Kav. 29-31 Jakarta 12920 – Indonesia
Phone : +62 21 5099 2901, +62 21 3119 2901
Fax. : +62 21 5290 5555, +62 21 5290 5050
Website : www.pwc.com/id
Certificate Number : 315/KM.1/2024
PT BANK CIMB NIAGA TBK 2025 Annual Report 121
Page 120
Performance Management Company Management Risk
Highlights Reports Profile Discussion & Analysis Management
PUBLIC ACCOUNTANT
Name : Jimmy Pangestu
AP Registration Number from the Ministry of Finance : Ap.1124
Registered Certificate Number : - OJK Banking Supervision : STTD.AP-393/PB.122/2018
- OJK Sharia Banking : STTD.APS-26/PB.122/2021
- OJK Capital Market : STTD.AP-581/PM.2/2018
Year of Assignment : 2025
PERIODIC SERVICES OF CAPITAL MARKET SUPPORTING PROFESSIONS IN 2025
Fees in Million Rupiah Assignment
Public Accounting Firm Public Accountant Services (Excluding Tax) Period
Public Accounting Firm Rintis, Jumadi, Jimmy Pangestu Auditing the The total annual Financial year
Rianto & Rekan (KAP RJRR) (Member Consolidated Financial audit fees for 2025 is 2025
Firm of the PriceWaterhouseCooper Statements for the Rp11,946,390,260
(PWC) Global Network) financial year 2025
In 2025, there were non-audit services provided by KAP Rintis, Jumadi, Rianto & Partner with a total cost of Rp2,130,000,000.
Capital Market Institutions Supporting and Professions
SECURITIES ADMINISTRATION BUREAU NOTARY
PT Bima Registra Kantor Notaris Ashoya Ratam, S.H., M.Kn
Satrio Tower, 9th Floor A2 Notaris & P.P.A.T. Kota Administrasi Jakarta Selatan
Jl. Prof. Dr. Satrio Blok C4 Kuningan Setiabudi Jl. Suryo No. 54 Kebayoran Baru Jakarta 12180 – Indonesia
Jakarta 12950-Indonesia Phone : +62 21 2923 6060
Phone : +62 21 2598 4818 Fax. : +62 21 2923 6070
Website : www.bimaregistra.co.id E-mail : notaris@ashoyaratam.com
CUSTODIAN RATING AGENCY
PT Kustodian Sentral Efek Indonesia PT Pemeringkat Efek Indonesia (PEFINDO)
Gedung Bursa Efek Indonesia, Tower I, 5th Floor Equity Tower 30th Floor
Jl. Jendral Sudirman Kav. 52-53 Jakarta 12190-Indonesia Sudirman Central Business District, Lot. 9
Phone : +62 21 515 2855 Jl. Jend. Sudirman Kav. 52-53
Fax. : +62 21 5299 1199 Phone : +62 21 509 68469
Website : www.ksei.co.id Fax. : +62 21 509 68468
Website : www.pefindo.com
TRUSTEE
PT Bank Permata Tbk
Gedung World Trade Center II (WTC II), 21st - 30th Floor
Jl. Jend. Sudirman Kav. 29-31
Jakarta 12920-Indonesia
Phone : +62 21 772 89928
Fax. : +62 21 772 89928
Website : www.permatabank.com
122 PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 121
Supporting Business Corporate Corporate Social Other Financial
Report Governance Responsibilities Corporate Data Statement
Bank Data and Information Access
INVESTOR RELATIONS CORPORATE SECRETARY
Graha CIMB Niaga, 11th Floor Graha CIMB Niaga, 11th Floor
Jl. Jend. Sudirman Kav. 58 Jakarta 12190 - Indonesia Jl. Jend. Sudirman Kav. 58 Jakarta 12190 - Indonesia
Phone : +62 21 250 5252, 250 5353 Phone : +62 21 250 5252, 250 5353
E-mail : investor.relations@cimbniaga.co.id Fax. : +62 21 252 6749
E-mail : corporate.secretary@cimbniaga.co.id
Website Information
CIMB Niaga operates the Bank’s main website, namely In addition, CIMB Niaga’s website also contains other
www.cimbniaga.co.id, as a means of information specific information such as:
disclosure in accordance with OJK Regulation 1. Shareholder information up to the individual ultimate
No. 8/POJK.04/2015 concerning the Website of Issuers owner.
or Public Companies and Law No. 8 of 1995 regarding 2. Content of the Code of Ethics & Employee Behavior.
the Capital Market. The management of this website 3. General Meeting of Shareholders (GMS), including the
is a form of the Bank’s commitment to implementing agenda items discussed in the GMS, a summary of the
Good Corporate Governance (GCG) practices through minutes of the GMS, and information on important
the provision of transparent, accurate, and accessible dates, namely the date of the GMS announcement,
information to shareholders, customers, regulators, the the date of the GMS summon, the date of the GMS,
public, and all Stakeholders. and the date of the summary of the minutes of the
GMS announced.
CIMB Niaga is committed to providing transparent 4. Separate annual Financial Statements (last 5 years)
and accountable information through this website to and the last quarterly Financial Statement.
shareholders, customers, the public, the government, 5. Annual Report & Sustainability Report.
and all other Stakeholders. CIMB Niaga’s main website 6. Profiles of the Board of Commissioners and the Board
can be accessed in Indonesian and English. CIMB Niaga’s of Directors (including information related to the
website is available in Indonesian and English, and has profiles of the Sharia Supervisory Board, Committees,
fulfilled the information submission requirements as Corporate Secretary, and Senior Executives).
stipulated in Article 6 of POJK No. 8/POJK.04/2015, which 7. Charters of the Board of Commissioners, the Board of
requires Issuers or Public Companies to submit material Directors, Committees, and Internal Audit Unit.
and relevant information to the public, in which Issuers 8. Corporate Governance Policy.
or Public Companies are required to submit the following 9. Briefing materials for analysts and the media.
information: 10. Bank achievements and prospects.
1. General Information of Issuers or Public Companies; 11. Bank shares.
2. Information for Investors; 12. Publication of financial performance and financial
3. Corporate Governance Information; and position.
4. Corporate Social Responsibility Information. 13. Bank Product and Service Information.
14. Awards and Certifications.
PT BANK CIMB NIAGA TBK 2025 Annual Report 123
Page 122
Performance Management Company Management Risk
Highlights Reports Profile Discussion & Analysis Management
CIMB Niaga continuously updates and refines the website Structure; Affiliated Companies; Ratings; Awards;
periodically to ensure compliance with POJK No. 8/ Sharia Business Unit and Contact Us (name,
POJK.04/2015 and the availability of relevant information address, contact number, e-mail, and head office
for Stakeholders, including: website).
b. Management: Management Team Profile; Other
1. Home Information related to the Bank’s Board of
Contains various information on Bank products and Commissioners and Board of Directors; Report
services to customers, including Digital Banking and Charter of the Sharia Supervisory Board
services and CIMB Niaga promo programs presented (SSB); Information related to the Bank’s Corporate
on the main website www.cimbniaga.co.id. The Secretary and Internal Audit; Stock Transactions
homepage also presents the latest offers, foreign by Management; and Declaration of Integrity Pact,
exchange rates, news & information, and the latest Code of Ethics & Anti-Corruption Commitment.
announcements. In addition, the Career and About c. General Meeting of Shareholders (GMS): Annual
Us menu bars can be accessed directly from the GMS and Extraordinary GMS of the Bank.
Homepage. d. GCG Structure: Board of Commissioners
Committee; Board of Directors Committee;
2. About Us Committee Performance Evaluation; Corporate
This menu bar contains a selection of general Governance Policy and Charter; GCG &
information regarding Investor Relations, Corporate Sustainability Unit.
Governance, and CIMB Niaga Cares, which can be e. GCG Report: Corporate Governance
directly accessed through microsite integration Implementation Report; Sustainability Report;
(https://investor.cimbniaga.co.id/). This page also GCG Self-Assessment Results and Implementation
contains information about the company’s history, of Public Company Governance Guidelines.
milestones, activities, and business licenses of the f. ASEAN Corporate Governance Scorecard (ACGS):
Bank. CIMB Niaga ACGS Assessment.
g. Transparency: Investor News and CIMB Niaga
3. Products and Services Press Releases.
This menu bar provides various Bank products and h. Other Information: Capital Market Supporting
services, including Savings, Credit Cards, Mortgage, Institutions and AML-CFT.
Unsecured Loan, Mutual Funds, Bancassurance,
Waqf, and Treasury. 6. CIMB Niaga Cares (CSR)
Contains information on the practice of the 4
4. Investor Relations (four) pillars of Corporate Social Responsibility
This menu bar contains a selection of Financial (CSR) that have been carried out by CIMB Niaga,
Information, Dividend Information, Stock/Bond namely Education, Community Development and
Information, News & Events and Information Requests Empowerment, Environment, and Philanthropy, as
that can be accessed through microsite integration well as the Sharia Business Unit Benevolent Fund and
(investor.cimbniaga.co.id). Several important reports, Contact Us for CSR.
such as the Annual Report, Sustainability Report,
Consolidated Financial Statement, Quarterly Financial 7. Sustainability
Statement, Monthly Financial Statement, and other Contains information on CIMB Niaga’s sustainability
related information, can be accessed in the Financial performance and implementation based on 5 (five)
Information menu option. pillar focuses, namely Sustainable Action, Sustainable
Business, Corporate Social and Environmental
5. Corporate Governance Responsibility, Governance and Risk, as well as
This GCG homepage contains complete information Stakeholder Engagement and Advocacy.
related to CIMB Niaga’s Corporate Governance with the
menu bar options including About Us, Management,
GMS, GCG Structure, GCG Report, ASEAN Corporate
Governance Scorecard, Transparency, and Other
Information, which can be accessed through
microsite integration (https://investor.cimbniaga.
co.id/). Through this GCG homepage, the public can
find out information about GCG practices that have
been carried out by CIMB Niaga, as below:
a. About Us: CIMB Niaga at a Glance; Bank’s Vision
and Mission; Share Ownership Structure and
Organizational Structure; Company Group
124 PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 123
Supporting Business Corporate Corporate Social Other Financial
Report Governance Responsibilities Corporate Data Statement
Education and/or Training of
the Board of Commissioners, Board of Directors,
Sharia Supervisory Board, Committees, Corporate
Secretary, and Internal Audit Unit
Name Position Training/Workshop/Conference/Seminar Organizing Institute Time and Location
Dewan Commissioner
Didi Syafruddin President Climate Risk Training Session CIMB Group Risk Online,
Yahya Commissioner 10 April 2025
Joint Board for Group Sustainability CIMB Group Online,
19 March 2025
Carbon Markets & Pricing: Insights from the Value Chain CIMB Group Online,
Training 5 June 2025
Risk Management Refreshment Level 6 AWS Jakarta,
12 June 2025
Joint Board Training - Cloud Security Management & CIMB Group Risk Online,
Regulatory Expectations 12 June 2025
2026 Risk Posture Workshop with the Combined Boards CIMB Group Risk Online,
25 August 2025
MAP II: Leading for Impact Institute of Online,
Corporate Directors 20-21 August 2025
Malaysia
ACIAA CAE Roundtable The Institute of Online,
Internal Auditors 8 September 2025
Briefing on Stamp Duty PWC Online,
24 September 2025
Reporting Requirements on Sustainable Standard PWC Online,
25 September 2025
Engagement session with Chairman of MIFC Leadership CIMB Malaysia,
Council 2 October 2025
Khazanah Megatrend Forum Khazanah Malaysia,
6-7 October 2025
Workshop: Embracing on Board Development Journey. CIMB/ H&S Malaysia,
14 October 2025
Renumeration Insight in Malaysian Financial Institution. FIDE Malaysia,
24 October 2025
Regional Directors Sharing Session. CIMB Malaysia,
3-7 November 2025
AI Workshop CIMB/Microsoft Malaysia,
20 November 2025
Anti-Fraud, Anti-Corruption, and Anti-Bribery for Senior Hery Subowo Bandung,
Leaders 27 November 2025
Glenn Vice President Carbon Markets & Pricing: Insights from the Value Chain CIMB Group Online,
Muhammad Commissioner Training 5 June 2025
Surya Yusuf (Independent)
Joint Board Training - Cloud Security Management & CIMB Group Risk Online,
Regulatory Expectations 12 June 2025
2026 Risk Posture Workshop with the Combined Boards CIMB Group Risk Online,
25 August 2025
Risk Management Refreshment Level 6 AWS Jakarta,
12 June 2025
Sri Widowati Commissioner, Climate Risk Training Session CIMB Niaga & Online,
concurrently Oliver Wymann 10 April 2025
Independent
Commissioner
Carbon Markets & Pricing: Insights from the Value Chain CIMB Group Online,
Training 5 June 2025
PT BANK CIMB NIAGA TBK 2025 Annual Report 125
Page 124
Performance Management Company Management Risk
Highlights Reports Profile Discussion & Analysis Management
Name Position Training/Workshop/Conference/Seminar Organizing Institute Time and Location
Joint Board Training - Cloud Security Management & CIMB Group Risk Online,
Regulatory Expectations 12 June 2025
Risk Management Refreshment Level 6 AWS Jakarta,
12 June 2025
Muhammad Commissioner Sustainability Insights Series with ERM – Key Trends for 2025 The ERM Online,
Novan Bin International Group 20 March 2025
Amirudin
Limited
Climate Risk Workshop Oliver Wyman Menara CIMB,
10 April 2025
Carbon Markets & Pricing: Insights from the Value Chain CIMB Group Online,
Training 5 June 2025
FIDE Core Programme – Module A Asia School of Asia School of
Business Business,
29 September 2025
Islamic Finance Amanie Academy Online,
12 November 2025
AI Development Session GDAI Menara CIMB,
20 November 2025
Risk Management Refreshment Level 6 AWS Jakarta,
12 June 2025
Vera Handajani Commissioner Global CEO Program (Module 2) IESE Business Singapore,
School 19-24 January 2025
Leadership Forum for GEXCO Members (Day 1 & 2) Group Company Kuala Lumpur,
Secretarial 13-14 February 2025
Department, CIMB
Bank
Group Risk Senior Leadership Workshop 2025 (Day 1 & 2) Group Risk, CIMB Kuala Lumpur,
Bank 19-20 February 2025
Risk Management Refreshment Level 7 BARA Jakarta,
25 March 2025
Climate Risk Training Session for Board & Management Internal & Oliver- Kuala Lumpur,
Wymann 10 April 2026
Global CEO Program (Module 3) IESE Business Spain,
School 19-23 May 2025.
Joint Board Training - Cloud Security Management & Group Company Kuala Lumpur,
Regulatory Expectations Secretarial 12 June 2025
Department
CEO Action Network Dialogue on Sustainability and Group Kuala Lumpur,
Sustainable Finance with Dr. Ma Jun Sustainability 28 July 2025
[Purpose Activation Workshop] MYMC Leadership CEO MY Office, Kuala Lumpur,
CIMB 17 October 2025
2025 Regional Directors’ Sharing Session Group Company Jakarta,
Secretarial 3 November 2025
Department, CIMB
Bank
Artificial Intelligence (AI) Development Session for Board of Group Company Kuala Lumpur,
Directors (BOD) Secretarial 20 November 2025
Department, CIMB
Bank
Year End Risk Management Townhall & Workshop CIMB Niaga Jakarta,
26 November 2025
Dody Budi Commissioner, Climate Risk Training Session Internal & Oliver- Online,
Waluyo concurrently Wymann 10 April 2025
Independent
Commissioner
Carbon Markets & Pricing: Insights from the Value Chain CIMB Group Online,
Training 5 June 2025
Risk Management Refreshment Level 6 AWS Jakarta,
12 June 2025
Senior Leaders Conference: Anti-Fraud, Anti-Corruption, and Hery Subowo Bandung,
Anti-Bribery for Senior Leaders 27 November 2025
126 PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 125
Supporting Business Corporate Corporate Social Other Financial
Report Governance Responsibilities Corporate Data Statement
Name Position Training/Workshop/Conference/Seminar Organizing Institute Time and Location
Farina J. Commissioner, Climate Risk Training Session Internal & liver- Online,
Situmorang concurrently Wymann 10 April 2025
Independent
Commissioner
Carbon Markets & Pricing: Insights from the Value Chain CIMB Group Online,
Training 5 June 2025
Risk Management Refreshment Level 6 AWS Jakarta,
12 June 2025
Audit Committee
Dody Budi Chairperson As stated on page Board of Commissioners training
Waluyo concurrently
Member
Glenn Member As stated on page Board of Commissioners training
Muhammad
Surya Yusuf
Endang Member Bullion Bank: Bank or Gold Pawnshop? LPPI Online,
Kussulanjari S. 28 February 2025
“Sustainability Accounting and Reporting in the Financial OJK Online,
Services” 6 March 2025
Risk Management Refreshment Level 7 BARA Jakarta,
25 March 2025
“Looking Ahead to the Future of the Indonesian Gold Market: OJK Online,
The Strategic Role of Bullion Banks” 17 April 2025
“The Strategic Role of the Financial Services Industry in OJK Online,
Driving Regional Economic Development 8 May 2025
“Secure Strategies for Crypto Asset and Digital Finance OJK Online,
Transactions: Personal Data Protection and the Impact of 19 June 2025
Biometric Technology in Indonesia”
Banking Digitalization from Two Perspectives OJK Online,
23 June 2025
“Agentic AI in Finance : A New Era of Autonomous Decision- OJK Online,
Making” 3 July 2025
Risk & Governance Summit 2025 OJK Online,
19 August 2025
The Sustainable Financing Opportunities in the Indonesian OJK Online,
Insurance Industry 2 October 2025
“The Role of Digital Forensics in Handling and Exposing OJK Online,
Financial Crimes” 18 October 2025
Angelique Dewi Member Risk Management Refreshment Level 7 BARA Jakarta,
Daryanto 25 March 2025
Financial Modeling and Strategic Decision Making in Finance Indonesian Institute Online,
of Certified Public 30 April 2025
Accountants
Key Audit Matters (KAM) SA 701 (2021): Communication of Indonesian Institute Online,
Key Audit Matters in Independent Auditor Reports of Certified Public 21 May 2025
Accountants
The Role of Auditors in Identifying and Analyzing Cyber Indonesian Institute Online,
Security Threats of Certified Public 23 May 2025
Accountants
Latest PSAK Updates in Financial Statement Preparation Indonesian Institute Online,
of Certified Public 11 June 2025
Accountants
2Q25 Emerging Risks Gartner Online,
2 July 2025
Risk & Governance Summit 2025 “Empowering the GRC OJK Online,
Ecosystem to Drive Economic Growth and National 19 August 2025
Resilience”
Annual Technical Update 2025 PwC Online,
21 August 2025
Sustainability Reporting Standards and Implementation (IFRS Indonesian Institute Online,
S1 and IFRS S2) of Certified Public 14 October 2025
Accountants
PSAK Series - Issues in the Preparation & Presentation of Indonesian Institute Online,
Consolidated Financial Statements of Certified Public 3 November 2025
Accountants
PT BANK CIMB NIAGA TBK 2025 Annual Report 127
Page 126
Performance Management Company Management Risk
Highlights Reports Profile Discussion & Analysis Management
Name Position Training/Workshop/Conference/Seminar Organizing Institute Time and Location
Nomination and Remuneration Committee
Sri Widowati Chairperson As stated on page Board of Commissioners training
concurrently
Member
Didi Syafruddin Member As stated on page Board of Commissioners training
Yahya
Glenn Member As stated on page Board of Commissioners training
Muhammad
Surya Yusuf
Nora Joice Member HR Innovation Visioning CIMB Niaga Jakarta,
Kimbal 24, 31 January,
24 February 2025
SOP Format & Writing Standard Training CIMB Niaga Jakarta,
11 February 2025
Refreshment AML Knowledge CIMB Niaga Jakarta,
11 February 2025
Leaders Giving Back Series : Recruiting Module - HR is The CIMB Niaga Online,
New Marketing 3 March 2025
Risk Management Refreshment (Level 5) 2025 CIMB Niaga Online,
12 May 2025
External Regulation CIMB Niaga Online,
14 May 2025
Sosialisasi CX Work From Heart CIMB Niaga Jakarta,
27 August 2025
TTT Forward30 Cascading Down CIMB Niaga Jakarta,
8 August 2025
Senior Leaders Conference: Anti Fraud, Anti Corruption, and Hery Subowo Bandung,
Anti Bribery for Senior Leaders 27 November 2025
Team Building HR 2025 Internal Jakarta,
5 December 2025
Risk Oversight Committee
Glenn Chairperson As stated on page Board of Commissioners training
Muhammad concurrently
Surya Yusuf Member
Didi Syafruddin Member As stated on page Board of Commissioners training
Yahya
Vera Handajani Member As stated on page Board of Commissioners training
Farina J. Member As stated on page Board of Commissioners training
Situmorang
Dody Budi Member As stated on page Board of Commissioners training
Waluyo
Ronald T.A. Member LPBBTI General Regulation Seminar & Training Batch XXIX AFPI Jakarta,
Kasim 18-21 February 2025
Risk Management Refreshment Level 7 BARA Jakarta,
25 March 2025
Risk and Governance Summit (RGS) Financial Services Jakarta,
Authority 19 August 2025
National Seminar on “Economic Outlook 2026 and AFPI Jakarta,
Information Related to Cost Adjustments” 2 September 2025
The 3rd OJK International Research Forum (IRF) Financial Services Yogyakarta,
Authority 6-7 October 2025
OJK Year-End Dialogue Financial Services Jakarta,
Authority 5 December 2025
Angelique Dewi Member As stated on page Audit Committee training
Daryanto
128 PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 127
Supporting Business Corporate Corporate Social Other Financial
Report Governance Responsibilities Corporate Data Statement
Name Position Training/Workshop/Conference/Seminar Organizing Institute Time and Location
Integrated Governance Committee
Dody Budi Chairperson As stated on page Board of Commissioners training
Waluyo concurrently
Member
Endang Member As stated on page Audit Committee training
Kussulanjari S
Serena K. Member IIA Indonesia National Conference 2025 Audit for Tomorrow: IIAI Medan,
Ferdinandus Strategic, Future Ready, Sustainable 27-28 August 2025
Economic Outlook 2026 EXTERNAL BANK Jakarta,
2 September2025
National Seminar “Resilience and Turnaround: Indonesia’s APPI Jakarta,
Economic Direction” 28 October2025
Achiran Pandu Member Continuing Education Program for Directors and APEI (Asosiasi Jakarta,
Djajanto Commissioners of Securities Companies Perusahaan Efek 15 April 2025
Indonesia)
Dr Yulizar D. Member As stated on page Sharia Supervisory Board training
Sanrego, M.Ec
Board of Directors
Lani Darmawan President Risk Management Refreshment Level 7 BARA Jakarta,
Director 25 March 2025
Cyber Security Crisis Table Top Exercise (TTX) ENSIGN Info Jakarta,
Security 4 June 2025
Carbon Markets & Pricing: Insights from the Value Chain CIMB Group Online,
Training 5 June 2025
National Seminar “Resilience and Turnaround: Indonesia’s APPI Jakarta,
Economic Direction” 28 October2025
City-Centric Marketing Alignment Internal Jakarta,
26 November 2025
Senior Leaders Conference: Anti-Fraud, Anti-Corruption, and Hery Subowo Bandung,
Anti-Bribery for Senior Leaders 27 November 2025
Lee Kai Kwong Strategy Leadership Forum CIMB Group Kuala Lumpur,
& Finance 13-14 February
Director 2025
CFO Forum: “Presentation of PSPK 1 and PSPK 2: Challenges, Perbanas Jakarta,
Opportunities, and Adaptation Strategies in the New Era of 27 February 2025
Banking Industry Transparency”
Risk Management Refreshment Level 7 BARA Jakarta,
25 March 2025
The Role of Management in the Implementation Of IFRS S1 EY Consulting Online,
And S2 26 March 2025
Climate Risk Training Session Internal & Oliver- Online,
Wymann 10 April 2025
Cyber Security Crisis Table Top Exercise (TTX) ENSIGN Info Jakarta,
Security 4 June 2025
2026 Risk Posture Workshop with the Combined Boards CIMB Group Online,
25 August 2026
Senior Leaders Conference: Anti-Fraud, Anti-Corruption, and Hery Subowo Bandung,
Anti-Bribery for Senior Leaders 27 November 2025
Henky Sulistyo Risk CIMB Leadership Forum CIMB Group Kuala Lumpur,
Management 13-14 February 2025
Director
Kearney Leadership Forum - Pioneering Indonesia’s Future : Kearney Jakarta,
Embracing Global Uncertainty, Driving Growth 20 March 2025
Risk Management Refreshment Level 7 BARA Jakarta,
25 March 2025
The Role of Management in the Implementation Of IFRS S1 EY Consulting Online,
And S2 26 March 2025
PT BANK CIMB NIAGA TBK 2025 Annual Report 129
Page 128
Performance Management Company Management Risk
Highlights Reports Profile Discussion & Analysis Management
Name Position Training/Workshop/Conference/Seminar Organizing Institute Time and Location
Climate Risk Training Session Internal & Oliver- Online,
Wymann 10 April 2025
Cyber Security Crisis Table Top Exercise (TTX) ENSIGN Info Jakarta,
Security 4 June 2025
Carbon Markets & Pricing: Insights from the Value Chain CIMB Group Online,
Training 5 June 2025
International Risk Management Seminar 2025 Bank Indonesia Bali,
13-14 November
2025
Focus Group Discussion: Encouraging Increased Credit Perbanas Jakarta,
Demand and New Business Creation to Accelerate Economic 18 November 2025
Growth in 2025. (Speaker)
Senior Leaders Conference: Anti-Fraud, Anti-Corruption, and Hery Subowo Bandung,
Anti-Bribery for Senior Leaders 27 November 2025
CFO Forum 2025 Perbanas Jakarta,
3 December 2025
John Simon Treasury & Accelerating Transition Finance in ASEAN: ASEAN Transition Internal & Asean Online,
Capital Market Finance Guidance Version 2 Webinar Capital Markets 15 January 2025
Director
Forum
Refreshment Treasury Dealer Financial Markets Bali,
Association 17 January 2025
Leadership Forum 13th & 14th Feb 2025 CIMB Group Kuala Lumpur,
13-14 February 2025
Risk Management Refreshment Level 7 BARA Jakarta,
25 March 2025
Climate Risk Training Session Internal & Oliver- Online,
Wymann 10 April 2025
Cyber Security Crisis Table Top Exercise (TTX) ENSIGN Info Jakarta,
Security 4 June 2025
Carbon Markets & Pricing: Insights from the Value Chain CIMB Group Online,
Training 5 June 2025
CIMB Closed-Door Strategy Dialogue on Sustainable Finance CIMB Group Online,
with Dr. Ma Jun 28 July 2025
Legal Update – Law No. 28 of 2014 on Copyright Mohamad Kadri, Jakarta,
Moch. Bigi 21 August 2025
Ramadha Putra,
Riyo Hanggoro
Prasetyo
Senior Leaders Conference: Anti-Fraud, Anti-Corruption, and Hery Subowo Bandung,
Anti-Bribery for Senior Leaders 27 November 2025
Fransiska Oei Compliance, CEO FORUM 2025 with the theme “Banking Beyond Growth: PERBANAS Jakarta,
Corporate Powering a Sustainable and Inclusive Economy for 2025 22 January 2025
Affairs & Legal (Onsite)
Director Onward
Speaker: 3rd FGD Accelerating Climate Transition Planning for OJK Jakarta,
Financial Institutions, Issuers and Publicly Listed companies 23 January 2025
(Onsite)
in Indonesia
Speaker: Workshop CG Officer Basic - Sustainability Report / ICSA Jakarta,
ESG 20 February 2025
(Onsite)
Speaker: The Role of GRC in Increasing Investor Confidence OJK Institute Jakarta,
and Financial Sector Stability 25 February 2025
(Onsite)
Speaker: International Seminar The 24th International FEB UI Depok,
Seminar The 24th Auditor’s Transformation Venture (ATV) FEB 26 February 2025
(Onsite)
UI “Paving the Path to Sustainable Goals: Advancing Finance
and Auditing for a Greener Future.”
Forum on Strengthening GRC Functions: Implementation OJK Online,
of Internal Control over Financial Reporting (ICOFR) in the 3 March 2025
Context of Strengthening the Financial Services Sector
Risk Management Refreshment Level 7 BARA Jakarta,
25 March 2025
130 PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 129
Supporting Business Corporate Corporate Social Other Financial
Report Governance Responsibilities Corporate Data Statement
Name Position Training/Workshop/Conference/Seminar Organizing Institute Time and Location
The Role of Management in the Implementation Of IFRS S1 EY Consulting Online,
And S2 26 March 2025
Climate Risk Training Session Internal & Oliver- Online,
Wymann 10 April 2025
Climate Risk Workshop (Half-Day) CIMB Group Online,
10 April 2025
Seminar in Commemoration of Kartini Day with the theme OJK Jakarta,
– Kartini’s Inspiration: Intelligent, Empowered, and Integrity- 22 April 2025
(Onsite)
driven Women Towards a Golden Indonesia
Seminar Speaker with the Theme Driving Sustainable LPPI Jakarta,
Growth: Leading with Innovation and ESG Principles - Beyond 29 April 29025
(Onsite)
Compliance: Building a Culture of Compliance as the Key to
Bank Sustainability
Cyber Security Crisis Table Top Exercise (TTX) ENSIGN info Jakarta,
Security 4 June 2025
Carbon Markets & Pricing: Insights from the Value Chain CIMB Group Online,
Training 5 June 2025
ASEAN Corporate Governance Conference ASEAN CGCA Kuala Lumpur,
24 July 2025
(Onsite)
Speaker - National Strategy Seminar on Combating Financial PERBANAS & Jakarta,
Crime KataData 5 August 2025
(Onsite)
Launching of the National Campaign to Eradicate Scams SATGAS PASTI – Jakarta,
and Illegal Financial Activities and International Seminar on Pemberantasan 19 August 2025
(Onsite)
Preventing and Combating Financial Scams Aktivitas Keuangan
Ilegal
Seminar with the theme: Working Together to Eradicate FKDKP Jakarta,
Online Gambling for a Better Indonesia 29 August 2025
(Onsite)
FGD related to RPOJK Bank Account Management FKDKP & OJK Online,
4 September 2025
Seminar on Music Copyright & Royalties in the Digital World PERBANAS Jakarta,
12 September 2025
(Onsite)
Speakers – Talkshow Forum Bumi KEHATI & National Jakarta,
Geographic 18 September 2025
(Onsite)
Indonesia
Speakers - Executive Training: In-depth Implementation of KB Bank Jakarta,
Anti-Money Laundering & International Sanctions and its 9 October 2025
(Onsite)
Implementation in the Banking Industry
Webinar Meaningful Participation: Strengthening the Badan Supervisi Jakarta,
Integrated Supervision System for Financial Conglomerates OJK 14 October 2025
(Onsite)
Webinar “Understanding the Importance of Integrity in FKDKP Jakarta,
Financial Institution Management.” 16 October 2025
(Onsite)
Collaboration on Free Online Gambling: Strengthening Perbanas - Jakarta,
the Role of the Payment Industry as a Strategic Partner in KataData 21 October 2025
(Onsite)
Handling the Online Gambling Ecosystem
AI Training CCAL Directorate - #MaximAIze CCAL Directorate Jakarta,
29 October 2025
(Onsite}
Webinar on Promoting Financial Inclusion through Risk-based FATF Online,
Approach to AML/CFT 19 November 2025
ESG Webinar - Innovation in Sustainable Financial Products FKDKP Online,
and Services Green Schemes to Capture Funding and 25 November 2025
Investment Opportunities
Senior Leaders Conference: Anti-Fraud, Anti-Corruption, and Hery Subowo Bandung,
Anti-Bribery for Senior Leaders 27 November 2025
2025 Year-End Dialogue OJK Jakarta,
4 December 2025
(Onsite)
PT BANK CIMB NIAGA TBK 2025 Annual Report 131
Page 130
Performance Management Company Management Risk
Highlights Reports Profile Discussion & Analysis Management
Name Position Training/Workshop/Conference/Seminar Organizing Institute Time and Location
CEO Forum PERBANAS Jakarta,
10 December 2025
(Onsite)
Level 7 Compliance Certification Refreshment LSPP Jakarta,
12 December 2025
(Onsite)
Coordination Meeting on APU PPT PPSPM Compliance PPATK Jakarta,
Supervision for Financial Service Providers 18 December 2025
(Onsite)
Pandji P. Sharia Banking Developing Strategy for Value Creation London Business London,
Djajanegara Director School 16-21 March 2025
Risk Management Refreshment Level 7 BARA Jakarta,
25 March 2025
Climate Risk Training Session Internal & Oliver- Online,
Wymann 10 April 2025
Cyber Security Crisis Table Top Exercise (TTX) ENSIGN Info Jakarta,
Security 4 June 2025
Carbon Markets & Pricing: Insights from the Value Chain CIMB Group Online,
Training 5 June 2025
Senior Leaders Conference: Anti-Fraud, Anti-Corruption, and Hery Subowo Bandung,
Anti-Bribery for Senior Leaders 27 November 2025
Rico Usthavia Operations & IFRS S1 and S2 - Refreshment to Board of Directors EY Consulting Jakarta,
Frans Information 15 April 2025
Technology
Director
Risk Management Certification Level 7 Exam Preparation RDS Jakarta,
16 April 2025
Risk Management Certification Level 7 Exam LSP LSPP Jakarta,
23 April 2025
Cyber Security Crisis Table Top Exercise (TTX) ENSIGN Info Jakarta,
Security 4 June 2025
OTAA Health Day - Defend your Pancreas, Defeat Diabetes Internal & RSPI Jakarta,
29 August 2025
EPICC Podcast - Living Within Means Internal & Theo Jakarta,
Derick 17 October2025
Senior Leaders Conference: Anti-Fraud, Anti-Corruption, and Hery Subowo Bandung,
Anti-Bribery for Senior Leaders 27 November 2025
Joni Raini Human HR Innovation Visioning Lab Internal Jakarta,
Resource 7 February 2025
Director
CIMB Leadership Forum CIMB Kuala Lumpur,
13-14 February 2025
Banking Talent Future Readiness Forum Human Jakarta,
Capital Perbankan 26 February 2025
Indonesia (FHCPI)
Risk Management Refreshment Level 7 BARA Jakarta,
25 March 2025
Climate Risk Training Session Internal & Oliver- Online,
Wymann 10 April 2025
2025 Leaders & HR Forum for C-Suite NBO Indonesia Jakarta,
& LPI 21 May 2025
Speaker: The 15th Indonesia Learning & Development Intipesan Yogyakarta,
Summit; Building Skills Towards Global Human Resources 23 May 2025
Cyber Security Crisis Table Top Exercise (TTX) ENSIGN Info Jakarta,
Security 4 June 2025
CIMB Leading Leaders Development Programme - Module 2 – IMD Lausanne,
Orchestrating Winning Performance 23-27 June 2025
MSDMI Recertification LSP MSDM Jakarta,
26 September 2025
CIMB Leading Leaders Development Program - Module 3 – IMD Estonia,
Creating The Future 13-17 October 2025
132 PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 131
Supporting Business Corporate Corporate Social Other Financial
Report Governance Responsibilities Corporate Data Statement
Name Position Training/Workshop/Conference/Seminar Organizing Institute Time and Location
Senior Leaders Conference: Anti-Fraud, Anti-Corruption, and Hery Subowo Bandung,
Anti-Bribery for Senior Leaders 27 November 2025
2025 Egon Zehnder HR Forum: Leadership in AI World Egon Zehnder Jakarta,
9 December 2025
Rusly Johannes Business Risk Management Refreshment Level 7 BARA Jakarta,
Banking 25 March 2025
Director
Climate Risk Training Session Oliver-Wymann Online,
10 April 2025
Continuing Education Program for Directors and Board of APEI Jakarta,
Commissioners of Securities Companies Engaged in Business 1 August 2025
Activities as Securities Underwriters and/or Securities Brokers
Senior Leaders Conference: Anti-Fraud, Anti-Corruption, and Hery Subowo Bandung,
Anti-Bribery for Senior Leaders 27 November 2025
Noviady Wahyudi Consumer Risk Management Refreshment Level 7 BARA Jakarta,
Banking 25 March 2025
Director
Climate Risk Training Session Internal & Oliver- Online,
Wymann 10 April 2025
Cyber Security Crisis Table Top Exercise (TTX) ENSIGN Info Jakarta,
Security 4 June 2025
City-Centric Marketing Alignment Internal Jakarta,
26 November 2025
Senior Leaders Conference: Anti-Fraud, Anti-Corruption, and Hery Subowo Bandung,
Anti-Bribery for Senior Leaders 27 November 2025
Dewan Pengawas Syariah (DPS)
Prof. Dr. M. Chairman - - -
Quraish Shihab,
MA
Prof. Dr. H. Member Pre-Annual Meeting Workshop of the 10th Sharia Supervisory DSN-MUI Jakarta,
Fathurrahman Board in 2025 24-25 September
Djamil, M.A.
Sharia Banking Sector (Sharia Commercial Banks, Sharia 2025
Business Units, and Sharia Rural Banks)
Annual Meeting of the Sharia Supervisory Board X Year 2025 DSN-MUI Jakarta,
Sharia Banking Sector (Sharia Commercial Banks, Sharia 26-27 September
Business Units, and Sharia Rural Banks) 2025
Dr. Yulizar D. Member Risk Management Certification Exam Preparation for Level 6 RDS Jakarta,
Sanrego, M.Ec 11-12 August 2025
Pre-Annual Meeting Workshop of the 10th Sharia Supervisory DSN-MUI Jakarta,
Board in 2025 24-25 September
Sharia Banking Sector (Sharia Commercial Banks, Sharia 2025
Business Units, and Sharia Rural Banks)
Annual Meeting of the Sharia Supervisory Board X Year 2025 DSN-MUI Jakarta,
Sharia Banking Sector (Sharia Commercial Banks, Sharia 26-27 September
Business Units, and Sharia Rural Banks) 2025
Satuan Kerja Audit Intern (SKAI)
Antonius Gunadi Chief Audit Risk Management Refreshment Level 6 BARA Jakarta,
Executive 25 March 2025
Climate Risk Training Session Internal & Oliver- Online,
Wymann 10 April 2025
CIMB Leading Leaders Development Programme - Living the IMD Kuala Lumpur,
Future - Sustainability & Impact (ASEAN) 10-13 March 2025
Bank Internal Audit Certification Exam - Qualification 6 LSPP Online,
26 May 2025
Global Digital Audit Transformation and Fraud Analytics Corporate World Kuala Lumpur
(as speaker) Intelligence 29-30 October 2025,
Senior Leaders Conference: Anti-Fraud, Anti-Corruption, and Hery Subowo Bandung,
Anti-Bribery for Senior Leaders 27 November 2025
PT BANK CIMB NIAGA TBK 2025 Annual Report 133
Page 132
Performance Management Company Management Risk
Highlights Reports Profile Discussion & Analysis Management
Awards and Certifications
AWARDS
The Appreciation is awarded to
PT Bank CIMB Niaga Tbk
As the Winner of
IndonEsIa BEst CX – EX stratEGy 2025
With Excellent Predicate
Jakarta, October 8th, 2025
Kemal E. Gani
Group Chief Editor SWA
International Regional The Asset Triple Asset Asian
Awards
ABF Corporate & Investment ASEAN Corporate Governance Category
Banking Awards 2025 Conference and Awards 2025 PT Bank CIMB Niaga Tbk
Corporate Banking
Category Category Sustainability Finance 2025 – Best Green
PT Bank CIMB Niaga Tbk PT Bank CIMB Niaga Tbk Loan Automotive
• Corporate & Investment Bank of the • Top 50 ASEAN Public Listed Companies
Year – Indonesia dan Top 1 Indonesia PLCs Awarding Institution
• Syndicated Loan of the Year – • Top 5 PLC Indonesia The Asset Triple A Asian Awards
Indonesia
• Corporate Client Initiative of the Year – Awarding Institution Triple A Awards 2025
Indonesia ASEAN CGCA
Category
Awarding Institution Asian Impact Awards 2025 PT Bank CIMB Niaga Tbk
Asian Banking Finance Triple A Treasurise Awards 2025
Category
ABF Wholesale Banking Awards PT Bank CIMB Niaga Tbk Awarding Institution
2025 For Its Excellence in Sustainable The Asset
Livelihood Empowerment Through
Category “Empowering MSMES in Eastern Indonesia The Asset Benchmark Review
PT Bank CIMB Niaga Tbk – Community Link #BESUSTAINABLE
• Indonesia Domestic Project Finance Platinum Alignment Category
Deal of the Year • Winner Top Sellside Firms in The
• Indonesia Domestic Cross-Border Awarding Institution Secondary Market (IDR Government
Service Initiative of the Year Asian Impact Bonds)
• Runner up Top Arrangers: Investor’s
Awarding Institution Asia Risk Awards 2024 Choice for Primary Issues (IDR
Asian Banking Finance Government Bonds)
Category • Triple A Best Bank for Investment
GIB Summit2025 Derivatives House of The Year Indonesia 2024 Solutions (Rates Indonesia)
• Triple A Best Bank for Investment
Category Awarding Institution Solutions (FX, Indonesia)
Outstanding Growth in Indonesia: Brand Asia Risk
Positioning Awarding Institution
19th Alpha South East Asia Best The Asset
Awarding Institution Financial Institution Award
GIB Summit The Asset Triple A Treasury
Category Awards 2025
PT Bank CIMB Niaga Tbk
Category: Best Islamic Finance SME Bank and Category
Best Islamic Finance Retail Bank in Indonesia PT Bank CIMB Niaga Tbk
Best Payments and Collections Solutions
Awarding Institution
Alpha South East Asia Awarding Institution
The Asset
134 PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 133
Supporting Business Corporate Corporate Social Other Financial
Report Governance Responsibilities Corporate Data Statement
National Indonesia GCG Conference & Infobank 14th Digital Brand Award
Award-IX-2025 (IGCGA-IX-2025) 2025
Indonesia Excellence Category Category
Management Awards 2025 CIMB Niaga Syariah PT Bank CIMB Niaga Tbk
The Best Indonesia GCG Award – IX – • The 2nd Best Credit Card Bank Umum
Category 2025 Konvensional 2025 - KBMI 3 (Modal Inti Di
Executive of The Year Banking Gold Award (B) Excellent (4 Star) Atas Rp14 Triliun S.D. Rp70 Triliun) - Aset
Noviady Wahyudi Category Sharia Bank Company – Asset Rp200 Triliun Ke Atas
PT Bank CIMB Niaga Tbk > Rp60 T • The 2ndBest Mobile Banking Bank Umum
Konvensional 2025 - KBMI 3 (Modal Inti Di
Awarding Institution Awarding Institution Atas Rp14 Triliun S.D. Rp70 Triliun) - Aset
Asian Business Review Economic Review Rp200 Triliun Ke Atas
• The 3rd Best Tabungan Bank Umum
Indonesia Digital Sustainability Konvensional 2024 - KBMI 3 (Modal Inti Di
Indonesia Public Relation Awards
Award 2025 Atas Rp14 Triliun S.D. Rp70 Triliun) - Aset
2025 Rp200 Triliun Ke Atas
Category • The 3rd Best Kpr Bank Umum
Category
PT Bank CIMB Niaga Tbk Konvensional 2025 - KBMI 3 (Modal Inti Di
PT Bank CIMB Niaga Tbk
Indonesia Best Digital Awards 2025 in Atas Rp14 Triliun S.D. Rp70 Triliun) - Aset
Best Public Relations 2025 in Promoting
Conventional Bank for The Development Rp200 Triliun Ke Atas
Impactful Sustainable Communications
of User-Friendly Mobile App and Digital • The Best E-Money Bank 2025 - Kbmi 3
Category: Conventional Bank
Document Management System (Modal Inti Di Atas Rp14 Triliun S.D. Rp70
Triliun) - Aset Rp200 Triliun Ke Atas
Awarding Institution
Awarding Institution • The 2nd Best Internet Banking Bank
Warta Ekonomi
JAK TV Umum Konvensional 2025 - KBMI 3
(Modal Inti Di Atas Rp14 Triliun S.D. Rp70
The 8th Infobank SLE 2025 Triliun) - Aset Rp200 Triliun Ke Atas
Top Brand Award 2025
• The 2ndBest Debit Card Bank Umum
Category Konvensional 2025 - KBMI 3 (Modal Inti Di
• The Most Satisfying KBMI 3 Bank in Category
Atas Rp14 Triliun S.D. Rp70 Triliun) - Aset
Teller Service PT Bank CIMB Niaga Tbk
Rp200 Triliun Ke Atas
• The Most Satisfying KBMI 3 Bank in OCTO Savers JR
• The 2nd Best Deposito Bank Umum
Mobile Banking Category: Children’s of Outstanding
Konvensional 2025 - KBMI 3 (Modal Inti Di
• The Most Satisfying KBMI 3 Bank in Achievement in Building the Top Brand
Atas Rp14 Triliun S.D. Rp70 Triliun) - Aset
Services Rp200 Triliun Ke Atas
• The 2nd Best KBMI 3 Bank in Customer Awarding Institution
Satisfaction TOP Brand
Awarding Institution
• The 2nd Best KBMI 3 Bank in Customer Infobank
Loyalty The 10th PR INDONESIA Awards
• The 2nd Best KBMI 3 Bank in Net (PRIA) 2025 Most Trusted Financial Brands
Promoter Score
• The 2nd Most Satisfying KBMI 3 Bank in Category
Awards 2025
Branch Office PT Bank CIMB Niaga Tbk
Category
• The 3rd Best KBMI 3 Bank in Winner of the 24 Most Popular
PT Bank CIMB Niaga Tbk
Satisfaction, Loyalty, Engagement 2025 Institutions/Corporations in Online and
• Credit Cards, Corporate Banking
• The 3rd Best KBMI 3 Bank in Brand Social Media by PR INDONESIA AWARDS
Services, Conventional Bank Accounts,
Interactivity Index (PRIA) 2025
SMS Banking
• The 3rd Most Satisfying KBMI 3 Bank in
• CIMB Niaga Preferred
Customer Service Awarding Institution
• SME Banking Solutions
• The 3rd Most Satisfying KBMI 3 Bank in PR Indonesia
PT Bank CIMB Niaga Tbk (Sharia
ATM Service
Business Unit)
6th Anniversary Indonesia • CIMB Niaga Sharia Products
Awarding Institution Best 50 CEO Awards 2025 & 4th • IB Hajj Plan Savings
Infobank
Anniversary Indonesia Inspiring • CIMB Niaga Preferred Sharia
Women Awards 2025
Awarding Institution
Category Investortrust
Lani Darmawan
• President Director of PT Bank CIMB IFN Award Best Bank 2024
Niaga Tbk
Indonesia Inspiring Women Awards Category
2025 CIMB Niaga Syariah
• Indonesia Most Popular CEO Awards Best Islamic Investment Bank in Indonesia
2025 2024
Awarding Institution Awarding Institution
The Iconomics Islamic Finance News
PT BANK CIMB NIAGA TBK 2025 Annual Report 135
Page 134
Performance Management Company Management Risk
Highlights Reports Profile Discussion & Analysis Management
Treasury Award Public Relation Top Leader IDX Channel Anugerah ESG 2025
Awards 2025
Category Category
• Best Treasury Dealing Room Category PT Bank CIMB Niaga Tbk
Transaction Partner 2024 (Private Bank Hery Kurniawan Main Award
Category) Indonesia Public Relations Top Leader Financial Services Sector: Implementation
• Runner-Up for Best Primary Dealer of 2025 for Bridging Compliance, Corporate of Impactful and Sustainable ESG
Government Securities 2024 Reputation, and Public Engagement in a Strategies
• 3rd Place Primary Dealer of Securities Dynamic Financial Landscape
Best Sharia Country of 2024 Category: Conventional Bank Awarding Institution
IDX Channel
Awarding Institution Awarding Institution
Ministry of Finance of the Republic of Warta Ekonomi HR Excellence Award 2025
Indonesia
Indonesia Finance Award – VIII Category
Women Inspiration Awards 2025 2025 Excellence in the Excellence Award 2025
Category:
Category Category Learning & Development (L&D)
Lani Darmawan PT Bank CIMB Niaga Tbk
President Director of PT Bank CIMB Niaga Tbk • The Best Indonesia Finance Award Awarding Institution
Human in Business Leadership 2025 SWA
Platinum Award (A) (Very Excellence) (5
Awarding Institution Start) Industry Award 2025
iNews Media Category: Bank – Public Company –
Asset > 100T Category
10DX Summit Indonesia 2025 • The Best Indonesia Finance Award PT Bank CIMB Niaga Tbk
2025 Indonesia Best Bank Industry for
Category Gold Award (B) (Excellence) Improving Experience through Products
Dedy Sahat Category: Sharia Bank – Public Excellence and Services Capability
In honor of your invaluable contribution Company – Asset > 50T
as a guest speaker at 10DX Summit Awarding Institution
Indonesia 2025. We extend our deepest Awarding Institution Warta Ekonomi
appreciation for your time, insight, and Economic Review
expertise 6th Indonesia 50 PR Person Awards
Innovative Future Finance Award 2025
Awarding Institution
2025
10DX Category
Category Hery Kurniawan
Indonesia Leading Women Awards PT Bank CIMB Niaga Tbk Corporate Communications Head
2025 The Most Innovative Future Finance
Awards 2025 for Strenghening the Awarding Institution
Category Implementation of Business Sustainability The Economics
Lani Darmawan and Improving Operational Excellence
President Director & CEO PT Bank CIMB
Niaga Tbk Awarding Institution
Outstanding Business Leadership in Idea Komunika Plus – JAK TV
Financial Industry
The 25 Top CEO Future Finance
Awarding Institution
Award 2025
CNN Indonesia
Category
MARCOMM CORCOMM DREAM Lani Darmawan – President Director
TEAM 2025 The Best CEO in The Conventional Bank
2025 for Innovative Digital Service and
Category Fostering Socio-Economic Emporement
PT Bank CIMB Niaga Tbk
• Indonesia CorComm Dream Team Awarding Institution
2025 (Judges Review) Idea Komunika Plus – JAK TV
Predicate: Very Good
• Hery Kurniawan – SVP Corporate 22nd Infobank Banking Service
Communications Head
Excellence 2025 Award
In recognition of his contribution as
speaker of sharing session “From
Category
Storytelling to Storyliving”
PT Bank CIMB Niaga Tbk
Category :
Awarding Institution
Indonesia Product of the Year 202
MIX Marketing Communication
Awarding Institution
Infobank
136 PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 135
Supporting Business Corporate Corporate Social Other Financial
Report Governance Responsibilities Corporate Data Statement
Indonesia PR of The Year 2025 30th Infobank Award Investortrust CSR Awards 2025
Category Category Category
• PT Bank CIMB Niaga Tbk PT Bank CIMB Niaga Tbk PT Bank CIMB Niaga Tbk
Program Jurnalisme Inspiratif Class & The Excellent Performance Bank – KBMI 3 Category Impact Excellence Awards
Workshop 2024 (Asset Class Above IDR 200 Trillion)
PR Program of The Year 2025 Awarding Institution
Category: Media Relations Program Awarding Institution Investortrust
(Board of Judges Assessment) Infobank
Predicate GOOD BISRA 2025
• PT Bank CIMB Niaga Tbk TOP GRC Award 2025
Program The Cooler Earth Category
Sustainability Series Category Platinum Champion
PR Program of The Year 2025 PT Bank CIMB Niaga Tbk PT Bank CIMB Niaga Tbk
Category: ESG Campaign Program • Lani Darmawan – Direktur Utama For CSR Program “Konservasi Bambu
(Board of Judges Assessment) The Most Committed GRC Leader 2025 Berkelanjutan CIMB Niaga
Predicate VERY GOOD • Platinum Winner Medallion
• PT Bank CIMB Niaga Tbk • Top GRC Awards 2025 #Star 5 Awarding Institution
Program Jurnalisme Inspiratif Class & Bisnis Indonesia
Workshop 2024 Awarding Institution
PR Program of The Year 2025 TOP Business Wealth Creation Award
Category: Media Relations (Outtakes
index) Indonesia Institute for Corporate Category
• Hery Kurniawan - Corporate PT Bank CIMB Niaga Tbk
Directorship 16th IICD Corporate
Communications Head • Lani Darmawan - President Director
PR Practitioners of The Year 2025
Governance Conference & Award
In recognition of exceptional Top 10
Category: Senior Practitioners in Wealth Creation Performance within
Category
Banking & Financial the sector of: Financial Sector
PT Bank CIMB Niaga Tbk
Services Industry (Journalist Choice) • Didi Syafruddin Yahya – President
1. Top 50 Big Capitalization Public Listed
• Moh. Hanifudin Mahfuds Commissioner
Company
Media Relations & PR Content PT Bank In recognition of exceptional Top 10
2. Leadership in Corporate Governan
CIMB Niaga Tbk Wealth Creation Performance within
PR Practitioners of The Year 2025 the sector of: Financial Sector
Awarding Institution
Category: Junior PR Practitioners in
IICD
Banking & Financial Services Awarding Institution
Industry (Journalist Choice) Universitas Airlangga
Fortune Indonesia 100
Awarding Institution
Category Indonesia Best CX – EX Strategy
MIX Magazine
PT Bank CIMB Niaga Tb 2025 Award 2025
Indonesia’s Biggest Companies 2025
30th Infobank Award 2025 Category
Awarding Institution PT Bank CIMB Niaga Tbk
Category
Fortune Indonesia Indonesia The Best CX – EX Strategy 2025
PT Bank CIMB Niaga Tbk
With Excellent Predicate
The Excellence Performance Bank – KBRI
3 Bisnis Indonesia Financial Awards
Awarding Institution
(Asset Class Above IDR 200 Trillion) 2025
SWA
Awarding Institution Category
Infobank 1. Best CEO Perbankan Investortrust.id
Lani Darmawan – CEO PT Bank CIMB ESG Awards 2025
Indonesia Green & Sustainable Niaga Tbk
2. Best Performance Bank Category
Companies 2025 PT Bank CIMB Niaga Tbk
PT Bank CIMB Niaga Tbk – KBMI 3
Category Platinum Star Awards Big Cap
Category
Awarding Institution
PT Bank CIMB Niaga Tbk
Bisnis Indonesia Awarding Institution
1. Indonesia Green & Sustainable
Investortrust.id
Companies 2025:
Predicate Very Good | Category: Malam Apresiasi Emiten 2025
Best Innovation in Sustainable Finance
Implementation Category
2. Indonesia’s Best Public Companies PT Bank CIMB Niaga Tbk
SWA 100 Best For its financial performance
Wealth Creator 2025: The 9th Ranking achievements until December 2024 and
of Wealth Creator of the Large Market its inclusion in the TEMPO – IDNFinancials
Capitalization Category 52 Index in the category
Main Index – High Growth – High
Awarding Institution Dividend – High Market Capitalization
SWA
Awarding Institution
Tempo/IDN Financial
PT BANK CIMB NIAGA TBK 2025 Annual Report 137
Page 136
Performance Management Company Management Risk
Highlights Reports Profile Discussion & Analysis Management
Top 20 Financial Institutions 2025 Indonesia Sustainable Synergy TOP Digital Financial Award 2025
Award 2025
Category Category
• PT Bank CIMB Niaga Category PT Bank CIMB Niaga
The Best Performing Bank 2025 Based • PT Bank CIMB Niaga Foreign Exchange Bank KBMI 3 (Core
on Financial Performance 2023 -2025 Sector: Finance – Conventional Bank Capital IDR 14 Trillion-IDR 70 Trillion)
Bank Assets Category Within Rp100 With Indonesia Sustainable synergy 1. Customer Engagement
Trillion Less Than Rp500 Trilion Awards 2025 for Recovery of Ecological 2. Customer Experience
• Lee Kai Kwong AS Best CFO in Functions and Community – Focused 3. Customer Trust & Perception
Financial Institution 2025 Scholarship 4. Customer Insight
Bank Assets Category Within Rp300 • Lani Darmawan – Presiden Direktur 5. Inclusiveness Customer Inclusion
Trillion Less Than Rp500 Trillion Sector: Visionary SDGs Changemaker
With Top CEO in SDGs Changemaker Awarding Institution
Awarding Institution for Building Multiple Collaboration and Media Asuransi
The Finance Social Welfare Improvement
Awarding Institution
Plus Idea Komunika & Netral News
CERTIFICATIONS
Certificate ID23/00000332
The management system of
PT Bank CIMB Niaga Tbk
Gedung Griya Niaga 1, Lantai 5, Jl. Wahid Hasyim Blok B. 4 No. 3, Bintaro Jaya Sektor VII,
Tangerang, 15224, Indonesia
has been assessed and certified as meeting the requirements of
ISO/IEC 27001:2022
For the following activities
The Information Security Management System for the Information Technology (IT) Operational Function
covering Cyber Security function, Infrastructure System Management function, Data Center Operation
Management function, and Application Development function for the systems at PT Bank CIMB Niaga Tbk.
This is in accordance with Statement of Applicability document version 2.0 dated 12 July 2024
This certificate is valid from 15 October 2024 until 09 August 2026 and remains valid subject to satisfactory surveillance
audits.
Issue 2. Certified since 09 August 2023
Authorised by
Liz Moran
Business Manager
SGS United Kingdom Ltd
Rossmore Business Park, Ellesmere Port, Cheshire, CH65 3EN, UK
t +44 (0)151 350-6666 - www.sgs.com
This document is an authentic electronic certificate for Client’ business purposes use only. Printed version of the electronic certificate are permitted and will be considered as a copy.
This document is issued by the Company subject to SGS General Conditions of certification services available on Terms and Conditions | SGS. Attention is drawn to the limitation of
liability, indemnification and jurisdictional clauses contained therein. This document is copyright protected and any unauthorized alteration, forgery or falsification of the content or
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ISO/IEC 27001:2022 ISO 37001:2016 ISO 9001:2015
Information Security Management Implementation of an Anti-Bribery Provision of Education and Learning
System for Information Technology Management System in Strategic Services for PT Bank CIMB Niaga Tbk.
(IT) Operational Functions, including Procurement & Admin Property
Cyber Security, Infrastructure System Management (SPAPM) at PT Bank CIMB Valid until 5 September 2026.
Management, Data Center Operational Niaga Tbk.
Management, and Application Issuing Institution
Development for existing systems at Valid until 2 January 2027. SGS United Kingdom Ltd
PT Bank CIMB Niaga Tbk.
Issuing Institution
Valid until 9 August 2026. TUV NORD Indonesia
Issuing Institution
SGS United Kingdom Ltd
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Living Our Values,
Inspiring Every Dream
CIMB Niaga brings its corporate values to life through
a culture of integrity, collaboration, and empowering
employees to deliver their best performance for
customers, guided by a spirit of working from the heart.
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Report Governance Responsibilities Corporate Data Statement
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Highlights Reports Profile Discussion & Analysis Management
04
Management
Discussion and
Analysis
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2025 Macroeconomics Overview 144 Realization of Proceeds from 235
the Public Offering
Business Segment Review 147
Other Significant Transactions 235
Corporate Banking 147 of Significant Amounts
Treasury and Capital Markets 151 Material Information and Facts 235
Transaction Banking 155 Occurring after the Date of the
Accountant’s Report
Commercial Banking 159
Significant Changes at the 235
Emerging Business 163 Bank and the Bank’s Business
Banking (EBB) Group in the Related Year
Consumer Banking 166 Financial Information that Has 235
Been Reported, which Contains
Sharia Banking 179 Events that are Extraordinary
Operational Review by 187 and Rarely Occur
Business Segment Provision of Funds, 236
Profitability by 188 Commitments, and Other
Business Segment Facilities
Financial Performance Analysis 189 Prohibition, Limitation, and 236
Significant Challenges to
Implementation of 190 Transfer Funds Between the
the Foward30 Strategy Bank and Other Entities in
the Business Group
Expansion of Electronic 191
Network Reach Information on Material 236
Transactions Related to
Consolidated Statements of 192 Investment, Expansion,
Financial Position Divestment, Business
Consolidated Statements of 210 Incorporation/Merger,
Profit and Loss and Other Acquisition, and Debt/Capital
Comprehensive Income Restructuring
Cash Flow Statements 216 Material Transactions with 237
Conflicts of Interest and
Key Financial Ratios 217 Transactions with Affiliated/
Related Parties
Prime Lending Rates 217
Transactions Between the 240
Commitments and Contingencies 219
Bank and Related Parties
Brief Report of the Subsidiaries 220 Spot and Derivative 241
Other Material Financial 223 Transactions
Information Changes in Law and 242
Significant Agreements 227 Regulations with Significant
Effect on the Bank and Their
Bank Capital Structure 228 Impact on Financial Report
Investment Properties 229 Changes in Accounting Policy 246
Material Commitments for 229 Application of the Foreign 247
Capital Expenditures Account Tax Compliance
Act (FATCA) & Common
Capital Expenditure Realized 230
Reporting Standard (CRS)
in the Last Fiscal Year
Marketing Aspects 248
Comparison of Targets and 231
Realizations 2025 Business Prospects 253
2026 Projections 232 Business Sustainability 255
Information
Dividend Distribution Policy 232
Long-Term Compensation 234
Policy
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2025 Macroeconomics Overview
CIMB Niaga dealt with macroeconomic and banking
industry dynamics in 2025 by continuing to strengthen its
competitive position with a laid focus on strategy
execution that was sustainable.
GLOBAL AND DOMESTIC ECONOMIC REVIEW due to the United States government’s imposition of
Global economic growth in 2025 was expected to remain reciprocal tariffs and heightened geopolitical tensions.
in its moderating phase, albeit at a rate considered
relatively stable compared to the previous year. The The Indonesian economy was expected to grow at a higher
International Monetary Fund (IMF) in its World Economic rate, driven by various pro-growth policies implemented
Outlook projected global growth of 3.3% in 2025, the by its Government and Bank Indonesia. Economic growth
same rate as in 2024. That projection corresponded to in the fourth quarter of 2025 was 5.39%, up from 5.04%
growth of around 1.7% in developed economies and in the previous quarter. The increase was primarily driven
4.4% in developing and emerging markets. Inflation was by domestic demand from household consumption and
expected to continue to decline globally, albeit at varying investment, in line with the positive impact of various
rates across nations, while risks appeared to remain government policy stimuli and Bank Indonesia’s policy mix.
under control. As the economy progressed, overall growth in 2025 was
projected at 5.11%, up from 5.03% in 2024, as the country
Bank Indonesia, in its Indonesian Economic Report, continued to see improvements in employment quality.
stated that high uncertainty would continue to loom Higher economic growth is projected to continue in
over global dynamics in 2025. Persistent geopolitical the first quarter of 2026. Household consumption will
tensions in Eastern Europe and the Middle East, along increase, supported by various government stimulus
with the different direction of US economic policy under programs, monetary policy easing, improving consumer
President Trump, could have a severe impact on global expectations, and increased economic activity during
financial market stability and international capital flows. various National Religious Holidays (HBKN) in the first
In this context, Bank Indonesia projected global growth quarter of 2026, such as Chinese New Year, Nyepi Day,
of around 3.3%, a stable rate compared to 2024. Growth and Eid al-Fitr 1447 H.
divergence between countries was expected to persist
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Investment is also projected to grow higher, driven by BANKING REVIEW
government investment, including the downstreaming So far, the 125 bps cut in the BI Rate throughout 2025 and
of natural resources, and continued improvement in Bank Indonesia’s expansion of monetary liquidity have
business confidence. Bank Indonesia projects economic led to lower interest rates across economic sectors. The
growth in 2026 to increase in the range of 4.9–5.7% in line INDONIA interest rate has decreased by 211 bps since
with various government and Bank Indonesia policies to the beginning of 2025 to 3.92% on 18 February 2026.
stimulate economic growth. The SRBI interest rate for 6, 9, and 12 month tenors has
decreased by 225 bps, 227 bps, and 223 bps, respectively,
The Rupiah exchange rate on 18 February 2026, was since the beginning of 2025 to 4.91%, 4.93%, and 5.04%
recorded at Rp16,880 per US dollar, weakening by 0.56% on 13 February 2026.
(ptp) compared to the level at the end of January 2026.
The weakening of the exchange rate was primarily The money supply continued to grow strongly in line
influenced by high uncertainty in global financial markets, with Bank Indonesia’s policy of driving more effective
amidst increasing demand for foreign exchange by monetary liquidity expansion to stimulate economic
domestic corporations in line with increasing economic growth. M0 growth in January 2026 remained high at
activity. Bank Indonesia views the Rupiah exchange 11.0%, relatively stable compared to the 11.4% growth
rate as undervalued compared to Indonesia’s economic in December 2025. Among the driving factors was the
fundamentals, including consistency in controlling sustained high growth of M0 in January 2026, buoyed by
inflation within the target of 2.5±1% in 2026 and 2027. increased government financial operations in line with
fiscal stimulus and monetary expansion. M2 growth in
December 2025 was recorded at 9.6%, driven by, among
other factors, government financial expansion and
developments in loan distribution.
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Bank loan grew by 9.69% in 2025. By usage group, growth trillion in the fourth quarter of 2025. Meanwhile, the
in investment loan, working capital loan, and consumer volume of large-value transactions processed through
loan in 2025 was 21.06%, 4.52%, and 6.58%, respectively. BI-RTGS reached 2.88 million transactions, or 3.82%
This achievement aligns with Bank Indonesia’s policy growth, totaling Rp65,069.78 trillion in Q4 2025. In terms
measure to cut interest rates and strengthen the of Rupiah currency management, Circulating Currency
Macroprudential Liquidity Incentive Policy (KLM), as well (UYD) grew 12.90% to Rp1,359.94 trillion in the fourth
as the implementation of priority government programs quarter of 2025.
amidst maintained macroeconomic and financial
conditions. On the supply side, bank financing capacity CIMB NIAGA’S POSITION IN THE INDONESIAN
remains adequate, supported by a Liquid Assets to BANKING INDUSTRY
Deposits (LA/TPF) ratio of 28.57% and strong TPF growth CIMB Niaga dealt with macroeconomic and banking
of 13.83% by December 2025. Furthermore, bank lending industry dynamics in 2025 by continuing to strengthen
appetite continues to improve, reflected in increasingly its competitive position with a laid focus on strategy
relaxed lending requirements, except for the consumer execution that was sustainable. The Bank continued
and MSME loan segments due to the continued high to deliver on its commitment to managing growth in a
credit risk in these two segments. balance between business expansion, asset quality, and
operational efficiency. CIMB Niaga’s operational and
Financial system resilience is well maintained, supported financial performance in 2025 is expected to remain
by adequate banking liquidity, maintained high capital solid, with a profit before tax of Rp8.8 trillion and
capacity, and low credit risk. The banking Capital earnings per share of Rp273.53, reflecting the Bank’s
Adequacy Ratio (CAR) in December 2025 was recorded at strong fundamentals.
a high 25.89%, a strong indicator of risk absorption and
supporting loan growth. CIMB Niaga was also consistent in maintain its ability to
provide added value to shareholders by strengthening
The aggregate banking sector’s Non-Performing Loan capital and liquidity. The Return on Equity (ROE) ratio in
(NPL) ratio remains low at 2.05% (gross) and 0.79% (net) 2025 was expected to remain at a competitive level of
in December 2025. Bank Indonesia’s stress test results 13.03% in line with productive asset management and
demonstrate strong banking resilience in the face consistent cost control.
of various risks, supported by maintained corporate
repayment capacity and profitability. In terms of funding, CIMB Niaga continued its strategy of
increasing low-cost funds (CASA) as its primary source of
The growth of digital economic and financial transactions funding. Optimizing digital channels and improving the
in Q4 of 2025 remained high, driven by a secure, smooth, quality of customer service remained key drivers of CASA
and reliable payment system. Digital payment transaction growth. In 2025, CIMB Niaga’s CASA ratio was recorded at
volume reached 14.26 billion transactions, representing 70.03%, compared to the banking industry’s CASA ratio
a 39.21% increase in Q4 of 2025, supported by the of 63.24%.
expansion of digital payment acceptance. Transaction
volume through mobile applications and the internet In lending, CIMB Niaga kept its priority on asset quality
grew by 12.10% and 15.10%, respectively, including and prudent principles. The Bank maintain its non-
QRIS transactions, which continued to grow strongly, performing loan (NPL) ratio (gross) in 2025 at a healthy
reaching 139.99%. This positive performance was thanks 1.81%, below the industry average. The Bank’s capital
to the growing number of users and merchants. By position also remained strong, as reflected in the Capital
infrastructure, the volume of retail transactions processed Adequacy Ratio (CAR) of 24.83%, providing adequate
through BI-FAST reached 1,358.65 million transactions, room for CIMB Niaga to support sustainable business
or 30.44% growth, with a transaction value of Rp3,442.26 growth amidst the dynamics of the national and global
economy.
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Corporate CompanyCorporate Social ManagementOther RiskFinancial
Highlights
Report Report Governance ProfileResponsibilities DiscussionCorporate
& Analysis
Data Management
Statement
Business Segment Overview
CORPORATE BANKING
CIMB Niaga Corporate Banking has a vision “To become competencies of the Corporate Banking segment also
the First Corporate Banking choice in Indonesia that include trade finance, business ecosystem integration,
offers excellent financial services to customers at local and treasury services designed to comprehensively meet
and regional levels” with two unique value propositions, customers’ overall liquidity needs and risk management
which are: requirements.
1. By utilizing “Regional Strength through the ASEAN
footprint”, CIMB Niaga, as a bank, has a regional STRATEGIES AND POLICIES
footprint and strong connectivity covering 7 Southeast Amid global economic dynamics, Indonesia continued
Asia countries (including Indonesia). to demonstrate solid performance. Domestic economic
2. Corporate banking always offers advanced and resilience remained strong, supported by robust
comprehensive digital capabilities for customers. household consumption and low, well-controlled inflation
at 2.92%, which provided room for Bank Indonesia to
The Corporate Banking segment serves as a one- reduce the BI rate from 6.00% at the end of 2024 to
stop solution for corporate customers by providing a 4.75% at the end of 2025. This interest rate reduction
comprehensive range of services. These include financial lowered the cost of funds and encouraged an increase
advisory services to support multinational corporations in loan demand.
(MNCs) in establishing and expanding their businesses
in Indonesia, as well as integrated cash management Supported by solid domestic economic conditions and
and digital banking solutions. In addition, Corporate positive industry sentiment, the Corporate Banking
Banking offers Loan and Investment Banking solution, segment recorded loan growth 6.72%. This achievement
encompassing bilateral financing, syndicated loans, and was primarily driven by growth in priority sectors,
investment banking products, as well as green financing including Agriculture & Forestry, Telecommunication,
facilities to support the sustainability agenda. The Media & Technology, and Manufactured Goods.
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On the funding side, CIMB Niaga prioritized service In terms of revenue contribution, FIG was the largest
excellence through a range of banking solutions, including contributor to fee-based income within the Business
the development of BizChannel capabilities, Online Forex Banking Division. This performance was primarily driven
Deal, Gateway@CIMB (Host-to-Host), and Application by growth in custodial services, bond transactions, and
Programming Interface (API) services. The Corporate remittance services, which delivered the most notable
Banking segment also expanded its service coverage to performance throughout 2025.
cities with high growth potential, while strengthening
internal processes to improve customer satisfaction. In In addition, CIMB Niaga successfully recorded bond-
addition, the Bank focused on developing Non-Interest related income that ranked among the top 10, with
Income (NOII) by leveraging foreign exchange facilities a significant portion contributed by FIG customers.
such as swap contracts, spot transactions, and forward This achievement underscores FIG’s strategic role in
contracts, in order to diversify revenue sources and supporting capital market activities and strengthening
support sustainable growth. the Bank’s capabilities in the financial institutions
segment.
FINANCIAL INSTITUTIONS
Throughout 2025, the Financial Institutions Group (FIG) From a funding and financing perspective, FIG recorded
recorded a significant improvement in performance. significant deposit growth, increasing by 17.17% year-
One of the key achievements was a 51.39% year-on-year on-year, with low-cost funds (CASA) contributing
increase in the ranking of CIMB Niaga’s mutual fund Net 51.58% of total deposits. On the financing side, the
Asset Value (NAV) services. This improvement reflects successful completion of several strategic transactions
the growing confidence of financial institutions in FIG’s in the securities and multifinance sectors enabled FIG to
service capabilities. achieve its loan targets, while maintaining strong asset
quality.
FIG also strengthened strategic collaboration with CIMB
Securities Services in Kuala Lumpur. This cross-border 2025 PERFORMANCE
synergy enhanced the Bank’s ability to capture Global In 2025, the Corporate Banking segment recorded net
Funds opportunities, while expanding service coverage interest income of Rp2.4 trillion. Other operating income
and reinforcing CIMB Niaga’s position within the regional in 2025 was recorded at Rp0.9 trillion, which continued
financial market ecosystem. to support the overall financial performance of the
Corporate Banking segment. Profit before tax in 2025
amounted to Rp3.9 trillion, compared to Rp3.6 trillion in
2024, representing an increase of 6.35%.
Net Interest Income Other Operating Income Profit Before Tax
(in trillion Rupiah) (in trillion Rupiah) (in trillion Rupiah)
2.7 2.7 2.4 1.4 1.2 0.9 3.1 3.6 3.9
2023 2024 2025 2023 2024 2025 2023 2024 2025
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LOAN DISBURSEMENT
In 2025, the Corporate Banking segment recorded total
loan disbursements of Rp96.8 trillion, contributing
approximately 40.63% of the Bank’s total loan portfolio.
This amount increased by 6.72% from Rp90.7 trillion in
the previous year.
Rachmat Harsono, B.Sc. MBA.
PT Samator Indo Gas Tbk
By type of financing, working capital loans in 2025 President Director
amounted to Rp50.0 trillion, while investment loans
reached Rp46.8 trillion. Meanwhile, Sharia-based
financing in 2025 amounted to Rp15.5 trillion, contributing
16.03% of the Corporate Banking segment’s total loans. We have established strategic relationship with CIMB Niaga for over
ten years now. What started as a simple banking relationship has
In addition to bilateral loan disbursements, throughout blossomed into a long-term partnership where CIMB Niaga has been
supporting Samator’s transformation and expansion as the largest
2025 CIMB Niaga actively participated in a number
industrial gas company in Indonesia.
of syndicated loan transactions, with an estimated
participation value of Rp7.5 trillion and USD177.5 million. CIMB Niaga’s consistency of service and understanding toward our
This participation is aligned with the Bank’s commitment business growth direction has been supporting us in Digital
to providing financing support to the continuously transformation which is a crucial foundation of Samator in achieving
operational excellence and we see CIMB Niaga as a relevant partner
growing corporate sector. In the same year, CIMB Niaga
for this acceleration.
was also involved in several strategic syndicated loan
transactions, both as a participating bank and as a In terms of services, Samator has leveraged CIMB Niaga’s digital
bank mandated to act as Mandated Lead Arranger and solutions, particularly for transaction inquiries and current account,
Bookrunner (MLAB). In these mandated transactions, which have improved financial transparency and operational
efficiency. In line with our vision to establish more agile, digital and
CIMB Niaga’s total estimated participation reached Rp3
data-driven operation, we hope to be able to adopt more CIMB
trillion and USD41.5 million, out of total syndicated loan Niaga’s digital services particularly for Cash Management and other
values of Rp9.3 trillion and USD750 million, respectively. digital solution which will support our business scales in various
industry clusters.
Examples of syndicated transactions participated in by
Our main reason for choosing CIMB Niaga is its reputation as a large
CIMB Niaga included those involving PT PLN (Persero)
bank with comprehensive financing portfolio and has been providing
& Group, PT Indomobil Finance Indonesia, PT Yupi real benefits in form of faster and efficient financial management
Indo Jelly Gum Tbk & Group, and PT Antam Tbk. CIMB and capital readiness support to expand in onsite gases, clean
Niaga’s involvement in these transactions reflects the energy, hydrogen solution and medical gases. Going forward, we
Bank’s active role in meeting corporate financing needs expect CIMB Niaga to continue and maintain its services quality,
strengthened digital solutions and sustainable financing, and
and further strengthens its position as one of the key
become a strategic partner in driving Indonesia’s sustainable
players in the corporate syndicated financing segment in growth. With support from CIMB Niaga, Samator will be more focus
Indonesia. on our mission: Empowering Industry, Enabling Life.
LOAN QUALITY
In maintaining loan quality, the Corporate Banking
segment continuously enhanced the intensity of Corporate Banking segment increased from 70.14% to
communication with customers and sharpened early 73.79% of total corporate customer deposits. Meanwhile,
warning indicators to proactively anticipate potential current account balances amounted to Rp55.9 trillion,
risks. At the same time, the Bank remained open to representing an increase of 4.89% from Rp53.3 trillion in
acquiring new customers by prioritizing prudential the previous year. Savings deposits stood at Rp0.2 trillion,
principles through a selective onboarding process and while time deposits in 2025 reached Rp19.9 trillion.
the establishment of customer selection criteria based
on strong fundamentals and solid business prospects. LEVERAGE OF INFORMATION TECHNOLOGY
In 2025, the Corporate Banking segment continued to Throughout 2025, the Corporate Banking segment
maintain strong asset quality, with the NPL ratio recorded consistently optimized the use of the BizChannel
at 0.2%. platform as a digital solution to facilitate transaction
activities and expand access to banking services,
CUSTOMER DEPOSITS providing customers with secure and convenient access.
In 2025, the Corporate Banking segment recorded These efforts were supported by improvements in
total customer deposits of Rp76.1 trillion, with CASA Digital and Transaction Banking capabilities, including
amounting to Rp56.2 trillion. The CASA composition of the the development of banking Application Programming
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compliance and risk management principles. These
efforts are aimed at ensuring the readiness of HR to
support sustainable business growth and to maintain the
quality of the Bank’s portfolio management.
AWARDS
Jusak Kertowidjojo In 2025, the Corporate Banking segment received various
PT Indomobil Sukses Internasional Tbk
CEO prestigious awards in recognition of its performance,
capabilities, and contributions in delivering superior and
sustainable corporate financial solutions. These awards
included, among others, the ABF Wholesale Banking
Indomobil has maintained a strong and enduring partnership with Awards – Indonesia Domestic Project Finance Deal of
CIMB Niaga for more than a decade. Throughout this period, CIMB the Year, as well as the ABF Corporate & Investment
Niaga has demonstrated consistent commitment, reliability, and a Banking Awards covering the categories of Corporate
deep understanding of our business and industry dynamics. The
& Investment Bank of the Year, Syndicated Loan of the
bank has been a trusted financial partner, supporting Indomobil’s
growth through professional, responsive, and constructive Year, and Corporate Client Initiatives of the Year. In
engagement with our management. addition, the Corporate Banking segment also received
the Asset Triple A Awards for Best Payment & Collection
We value CIMB Niaga for its comprehensive financial solutions and Solutions, reflecting the Bank’s excellence in providing
relationship-driven approach. Our collaboration has delivered
transaction solutions and cash flow management for
tangible benefits, including efficient transaction banking services,
bilateral and syndicated financing, as well as effective risk corporate customers.
management and hedging solutions. These capabilities have
contributed meaningfully to strengthening our operational PLANS, STRATEGIES, AND POLICIES FOR 2026
efficiency and financial resilience. CIMB Niaga’s Corporate Banking strategy for 2026
focuses on extending loan to customers with strong
As Indomobil continues to evolve its business model, particularly in
advancing electric vehicle distribution and assembly, and in loan quality, with priority given to sectors such as
transitioning toward more sustainable mobility solutions, CIMB Agriculture, Healthcare, Fast-moving Consumer Goods,
Niaga has demonstrated strong alignment and readiness to support Telecommunications, Media, and Technology. At the same
our strategic direction. We look forward to further strengthening time, as part of the Bank’s commitment to supporting
our partnership with CIMB Niaga and exploring opportunities to
the transition toward Net Zero Emissions, the Corporate
support Indomobil’s long-term growth and sustainability objectives.
Banking segment will continue to expand its financing
portfolio in sectors that support sustainability principles,
including green financing and renewable energy.
Interface (API) networks, to support system integration,
process efficiency, and increasingly complex business From a funding perspective, the Corporate Banking
transaction requirements of customers. segment will continue to optimize the collection of
Third Party Funds, particularly low-cost funds, through
CORPORATE BANKING HR strategies aimed at increasing transaction throughput
CIMB Niaga consistently strives to enhance the quality and penetration within supplier and buyer ecosystems in
of its human resources to ensure higher productivity, the Corporate Banking segment, supported by the use
professionalism, and integrity in conducting banking of data analytics. These efforts will also be reinforced
activities. Within the Corporate Banking segment as through cross-selling strategies to increase product
well as other business segments, the Bank implements holdings, as well as the offering of various attractive
structured education and training programs, both programs tailored to the needs of corporate customers.
domestically and overseas, to develop HR competencies.
In its efforts to deliver excellent and innovative services
These education and training programs focus on through enhanced digital capabilities, the Corporate
strengthening credit competencies and deepening Banking segment will launch Octobiz as a more advanced
industry-specific insights, while consistently upholding and integrated digital transaction solution.
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Report Report Governance ProfileResponsibilities DiscussionCorporate
& Analysis
Data Management
Statement
TREASURY AND CAPITAL MARKETS
Aligned with the commitment of Advancing Customers From a domestic perspective, financial market
and Society, CIMB Niaga, through its Treasury and Capital movements throughout 2025 were influenced by global
Markets directorate, delivers a comprehensive range monetary policy developments and the coordination
of products and services to customers. These include of monetary and fiscal policies in Indonesia. In the first
plain vanilla foreign exchange transactions, banknotes, half of the year, market conditions remained relatively
hedging instruments, and a broad range of investment moderate, reflected in slower foreign exchange
products, including investment in structured products transactions, hedging activities, and investments.
offered as alternative investment solutions. Through the Nevertheless, market conditions improved in the second
provision of integrated solutions, CIMB Niaga’s Treasury half of 2025, supported by policy rate cuts by Bank
and Capital Markets enables customers to enhance Indonesia and increased liquidity in the financial system,
their capabilities in managing risks, pursuing investment partly driven by fiscal policy measures implemented by
opportunities, and allocating funds within the domestic the Ministry of Finance.
market optimally, while concurrently contributing the
strengthening of the national financial market and Throughout 2025, financial markets exhibited a contained
sustainable economic growth. level of volatility, with the USD/IDR exchange rate moving
within the range of Rp16,000–Rp16,900, while the yield
STRATEGY AND POLICY OF TREASURY AND on 10-year Government Securities (SBN) opened the
CAPITAL MARKETS year at approximately 7.0% and declined to a low of
Global macroeconomic conditions in 2025 continued to around 5.93%. Against this backdrop, the performance of
present challenging dynamics, driven by various external Treasury and Capital Markets recorded positive year-on-
factors, including international trade policies, tariff year profit growth of 18%, reflecting the effectiveness of
adjustments, and heightened geopolitical risks. These the strategies implemented.
developments affected Indonesia’s export demand,
contributed to economic slowdowns in several key Overall, the performance of Treasury and Capital
trading partners, and disrupted supply chains, leading Markets in 2025 was very strong amid ongoing economic
to higher logistics and insurance costs. Ultimately, these dynamics. This achievement was supported by robust
conditions exerted pressure on export margins and
increased volatility in financial markets.
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customer demand for alternative investment instruments, such as bonds and structured deposits, in line with the
declining trend of interest rate. In addition, foreign exchange transaction activity increased during the year, in line with
the implementation of the Export Proceeds of Natural Resources (DHE SDA) regulation which came into effect in 2025,
as well as the continued growth of Local Currency Transactions (LCT).
2025 PERFORMANCE
Treasury and Capital Markets booked year-on-year non-interest income growth of 21% from foreign exchange and
derivative transactions, as well as securities investment transactions. This performance improvement was backed by
14% increase of volumes in total foreign exchange and derivative transaction and 16% increase of volumes in securities
investment transactions during the year.
FX Volume Bonds Volume (Marketable
(Foreign Exchange Transactions) Securities Transactions)
(in milllion USD) (in trillion Rupiah)
66,776 80,255 91,471 429 468 542
2023 2024 2025 2023 2024 2025
TREASURY AND CAPITAL MARKETS REGULAR TRANSACTIONS
PRODUCTS AND SERVICES Regular transactions refer to foreign exchange services
CIMB Niaga’s Treasury and Capital Markets provides such as FX TODAY, FX TOM, FX SPOT, and banknotes
a wide range of solutions for customers undertaking transactions.
foreign exchange and marketable securities transactions,
catering to both individual and institutional/corporate HEDGING PRODUCTS
customers. Products designed to protect financial performance from
the risk of fluctuations in interest rates or exchange rates,
For individual customers, CIMB Niaga’s Treasury and with key offerings including:
Capital Markets offers range of products from foreign 1. Interest Rate Swap (IRS). Product to hedge long-term
exchange transactions to various short-term and long- loan against fluctuations in interest rates, to prevent
term investment products. One of the newly introduced potential losses caused by uncertain interest rate
structured products is a bond-linked deposit, which movements.
provides customers with potential return under declining 2. Cross Currency Swap (CCS). Product featuring
interest rate conditions. principal and interest rates exchange between two
different currencies over a specified period.
For corporate customers, CIMB Niaga’s Treasury and 3. FX Forward. Currency conversion or buying and
Capital Markets provides foreign exchange transaction selling of foreign currency against the Rupiah or
products across short-term and long-term tenors, another currency with a settlement date more than
including plain vanilla, derivatives, and structured two business days after the transaction date.
products to meet customers’ hedging requirements. In 4. Par Forward. Consists of several FX Forward
addition, Treasury and Capital Markets also offers repo- transactions combined into a single contract.
to-maturity products to support liquidity needs. 5. FX Call Option and FX Put Option. The right to buy
or sell a currency against another currency at a
In addition, the products and services offered are also predetermined exchange rate, amount, and maturity
accessible through CIMB Niaga’s digital channels, namely date.
OCTO Clicks and OCTO Mobile for individual customers,
and OCTO Biz for corporate transactions. Further details
of the products and services offered by CIMB Niaga’s
Treasury and Capital Markets include the following:
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6. Call Spread Option. A hedging instrument against
exchange rate risk, which combines the purchase and
sale of FX options with the same contract value but
different strike rates.
7. FX API. A system interface that supports a platform
in providing real-time foreign exchange information
and deals through host-to-host media from CIMB Widya Drahma
PT Wilson Lautan Karet
Niaga. Director
INVESTMENT PRODUCTS
1. Market Linked Deposit (MLD). A Structured Product
combining derivative instruments and deposits. This Our company is engaged in the rubber trading industry and has
product offers yield enhancement and provides maintained a long‑standing partnership with CIMB Niaga, dating
100% principal protection. MLD is flexible and liquid back to the period when the bank was still known as Lippo Bank.
Throughout this partnership, CIMB Niaga has consistently
(CIMB Niaga provides daily redemption price quotes).
demonstrated a strong understanding of the nature and
Depending on the underlying asset, MLD is divided characteristics of our business. The digital products and solutions
into two types: interest rate-based and foreign provided are of high quality and comprehensive, enabling us to
exchange-based. conduct our transactional activities more efficiently.
2. Swap Depo. A Structured Product offering yield
CIMB Niaga has been instrumental in supporting the Company’s
enhancement and 100% principal protection,
financial risk management efforts, particularly in managing foreign
combining term deposits with foreign exchange/FX exchange and interest rate risk exposures, through the provision of
Swap derivative instruments. hedging solutions tailored to our business needs. The benefits we have
3. Strike Currency. A Structured Product related to gained from this collaboration include convenient access to banking
derivative transactions in the form of FX options, products, efficient transaction processes, and support from a
professional and responsive team. In the period ahead, we expect
using a target exchange rate (strike price).
CIMB Niaga to continue innovating and to remain a strategic partner
4. Bonds. Buy or Sell government bond such as Retail that is adaptive to market developments and evolving customer needs.
Treasury Bonds (ORI) and Retail Sukuk Bonds (SRI), as
well as corporate bonds.
5. Bond Linked Investment. A Structured Product
formed by combining non-derivative instruments aimed at effectively supporting the implementation of
(Deposits) with derivative instruments (Bond Options) the DHE SDA and LCT policies.
issued in Rupiah denomination.
6. Bond-Linked Deposits, a structured product that In addition, Treasury and Capital Markets also launched
combines non-derivative instruments (in the form of the FX & Derivatives Linked Sustainability program as part
deposits) and derivative instruments (in the form of of its support for the Sustainable Development Goals, in
IRS – Inverse Floater and Bond Forward). Through this line with national policy directions. This initiative reflects
product, customers benefit from a 100% principal the Bank’s commitment to providing innovative financial
guarantee and the potential for higher returns in market solutions while contributing to the achievement
line with interest rate movements. Customers also of sustainable development objectives.
have the opportunity to capitalize on increases in the
price of the reference bond as additional returns by NETWORK AND SERVICES AS WELL
exercising the option if the fixing price exceeds the AS OPTIMIZATION OF INFORMATION
strike price. TECHNOLOGY
CIMB Niaga’s Treasury and Capital Markets is
SUPPORT FOR GOVERNMENT PROGRAMS headquartered in Jakarta and supported by a nationwide
Treasury and Capital Markets consistently continued Treasury Cluster network across Indonesia, including six
its support for various national programs, including (6) regional Treasury and Capital Markets offices outside
the implementation of the Natural Resources Export Jakarta, located in Medan, Bandung, Solo, Surabaya, Bali,
Proceeds from (Devisa Hasil Ekspor Sumber Daya Alam/DHE and East Kalimantan & Eastern Indonesia. Customers
SDA) regulation, which came into effect in 2025, as well may also conduct foreign exchange and investment
as the strengthening of Local Currency Transaction (LCT) transactions through CIMB Niaga branch offices
activities. This support was realized through the ongoing throughout Indonesia. In addition, customers are able to
outreach initiatives and the development of programs transact directly through CIMB Niaga’s online channels,
including OCTO Mobile, OCTO Clicks, and OCTO Biz.
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that Treasury and Capital Markets services are delivered
in a responsive with added value manner to customers.
Furthermore, Treasury and Capital Markets continues to
expand the use of digital technology across its business
processes as part of ongoing efforts to streamline processes
Uray Azhari and enhance the customer experience in Treasury product
PT Polytama Propindo (Polytama)
Finance Director transactions. The sustained implementation of these
digital initiatives contributed positively to the increasing
foreign exchange and bond transaction volumes through
the OCTO Mobile and OCTO Clicks digital channels. In line
PT Polytama Propindo (Polytama) is an Indonesian manufacturer of with these developments, Treasury and Capital Markets
polypropylene resin (PP resin) under the Masplene® brand, has also enhanced its FX API capabilities, which have been
continually expanding to meet domestic demand for PP resin. implemented and utilized by numbers of institutional
customers, to support more efficient transaction integration
Polytama has maintained a strategic banking partnership with CIMB
Niaga since 2022. The partnership began with CIMB Niaga’s role as and further strengthen its digital-based services.
the holder of 100% of the medium‑term ijarah sukuk issued by
Polytama to finance working capital, forming the initial foundation AWARDS
for strengthening the Company’s capital structure and liquidity Treasury and Capital Markets received several awards
position. Since then, CIMB Niaga has continued to support the
during the year, including Asia Risk’s House of the
Company’s financial needs through transaction banking services,
risk‑management solutions, integrated digital services, and the Year Indonesia 2025, The Asset Triple A Best Bank for
provision of working‑capital facilities that help ensure the smooth Investment Solutions 2025, Asian Banking & Finance
execution of Polytama’s daily operations. Indonesia Domestic Cross‑Border Initiative of the Year,
as well as a number of other domestic awards.
CIMB Niaga has taken on a pivotal role in the Company’s strategic
financing initiatives. Complementing its role as the security agent
and payment agent in multi‑creditor financing structures, CIMB PLANS, STRATEGY, AND POLICY FOR 2026
Niaga has served as the Mandated Lead Arranger and Bookrunner Global macroeconomic and geopolitical conditions, along
(MLAB) for the syndicated financing of Polytama’s strategic with persistently high macroeconomic volatility, are expected
Polypropylene Plant Balongan (PPB) project. CIMB Niaga’s to present both challenges and strategic opportunities in
involvement in the syndication process underscores its strong
2026. In response to these anticipated conditions, CIMB
confidence in Polytama’s long‑term prospects and its commitment
to supporting the expansion of the national petrochemical industry’s Niaga, through its Treasury and Capital Markets function,
capacity. will focus its strategy on increasing the sales of investment
products as alternative asset management solutions, while
As we look to the future, Polytama expects CIMB Niaga to continue also driving the growth of foreign exchange and hedging
maintaining the high standard of service delivered to date. We also
transactions across all customer segments. These efforts
anticipate that the development of CIMB Niaga’s innovative digital
solutions will continue to advance in line with the rapidly evolving will include the enhancement of transaction capabilities
needs of the industry. Furthermore, we believe that CIMB Niaga can and the expansion of collaboration with customers through
further strengthen its position as a strategic partner by providing FX API, aimed at delivering more integrated, responsive,
adaptive, competitive, and sustainable financial solutions that will and market-relevant solutions in an increasingly dynamic
continue to support Polytama’s business growth in the years ahead.
environment
In addressing the challenges and opportunities in 2026,
In line with the strengthening of its digital network, Treasury CIMB Niaga’s Treasury and Capital Markets remain
and Capital Markets continues to optimize the utilization committed to consistently delivering high-quality services
of information technology to support operational activities through a customer-centric approach, particularly in
and sustainable business development. This optimization liquidity management, asset diversification, and hedging
includes the automation of transaction settlement strategies. In line with this commitment, the Bank will
processes to enhance efficiency, accuracy, speed, and continue to enhance operational efficiency through
service reliability, as well as the use of information process optimization and the effective use of technology,
systems to generate and channel targeted potential while maintaining a prudent risk mitigation framework.
customer leads to marketing functions at branch offices This approach is expected to further strengthen the role
and relevant business units. Through the optimization use of Treasury and Capital Markets as a strategic partner
of information technology, the Bank strengthens cross- to customers and to support the Bank’s sustainable
unit synergies, enhances sales effectiveness, and ensures performance.
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Statement
TRANSACTION BANKING
The development and implementation of the Bank’s key factors in maintaining competitiveness and the
strategies and policies are supported by various digital sustainability of banking performance.
innovation initiatives undertaken by Transaction
Banking in the delivery of services to customers on In responding to the dynamics and challenges of the
an ongoing basis, with the aim of providing optimal banking industry throughout 2025, Transaction Banking
and reliable services. The primary focus is directed continued to strengthen product capabilities and accelerate
toward strengthening and enhancing back-end system the development of digital services. Various strategies
capabilities for products to drive operational efficiency and policies were implemented in a focused manner to
and improve service quality. These efforts are realized enhance service quality for customers, while also driving
through the adoption of digital innovations, simplification the development of transaction solutions that support the
of process flows, and reengineering of internal processes mobilization of low-cost funds and the increase in fee-based
designed to accelerate Service Level Agreements (SLAs) income, among others through the following initiatives:
and consistently enhance customer satisfaction. • Digital transformation through the acceleration of
transformation initiatives, including digital innovation
STRATEGIES AND POLICIES across products and services.
Throughout 2025, the national banking industry • Growth of demand deposits, with a focus on
faced global and domestic economic dynamics that increasing low-cost current account Third-Party
remained influenced by financial market uncertainty, Funds (TPF) to maximize interest income through the
the normalization of monetary policy, and the provision of appropriate operating account solutions.
accelerated digitalization of payment systems and • Cross-selling intensification, by enhancing the
financial transactions. At the same time, the growth in offering of product bundling to customers.
economic activity and the increasing needs of corporate • Programs and campaigns, through the launch of
customers for fast, secure, and integrated transaction initiatives tailored to customer segments and specific
services have driven banks to continuously innovate in needs.
delivering value-added transaction banking solutions. In • Development of trade finance and supply chain
this context, the strengthening of digital-based services, services, including reengineering of end-to-end trade
process efficiency, and the optimization of low-cost finance and supply chain transaction service processes
fund mobilization and fee-based income have become to optimize efficiency and customer service satisfaction.
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• Enhancement of customer experience and fulfilment SECURITIES SERVICES
of business needs in line with market developments, Through Transaction Banking, CIMB Niaga provides
by utilizing custodian systems supported by the latest Securities Services comprising custodian services and
technologies to deliver the highest quality of service fund administration services. These services are primarily
to all customers. offered to CIMB Niaga’s non-retail customers within the
Non-Bank Financial Institutions segment, including,
CASH MANAGEMENT among others, insurance companies, securities firms,
In line with the increasing number of new corporate investment managers, and pension fund managers,
internet banking users (BizChannel@CIMB) and the as well as other segments such as banking and related
growing customer demand for systems that are reliable, institutions.
user-friendly, and aligned with business expectations,
CIMB Niaga upgraded its corporate internet banking In addition, Securities Services also provides Customer
platform by leveraging the latest technologies. This Fund Account services for investors through securities
enhancement is designed to improve convenience, companies, as well as payment bank services. In
flexibility, and efficiency in managing corporate financial accordance with the mandate granted by the Indonesian
transactions. The initiative represents a medium-term Central Securities Depository (KSEI), CIMB Niaga is the
project aimed at supporting the Bank in increasing the only bank in Indonesia appointed as the cash settlement
Third-Party Funds, particularly demand deposits, while bank for foreign currency transactions in the capital
simultaneously strengthening CIMB Niaga’s position market. CIMB Niaga continues to earn strong customer
as the primary bank for corporate customers’ financial trust under this mandate and is currently one of the
activities. settlement banks with the largest market share in
Indonesia.
TRADE FINANCE AND SUPPLY CHAIN
Transaction Banking at CIMB Niaga provides Trade Securities Services continues to be developed as one of
Finance and Supply Chain services to support customers’ the core Transaction Banking products to enhance the
trading activities, both domestically and internationally. Bank’s revenue, particularly fee-based income, while
The Trade Finance and Supply Chain products can fully also supporting the growth of Third-Party Funds through
meet customers’ banking needs in accordance with their fund placements in demand deposit accounts. The
preferences, through both conventional and Sharia- development of these services reflects the Bank’s focus
based structures. The product offerings include letters on expanding its value proposition for institutional and
of credit (including Domestic Letters of Credit), bank corporate customers.
guarantees, and working capital solutions such as trust
receipts, import and export financing, as well as supply As a manifestation of CIMB Niaga management’s
chain financing. commitment to advancing these services, Securities
Services is supported by state-of-the-art, high-technology
The strategic focus of CIMB Niaga’s Trade Finance operational systems, as well as human resources with
business throughout 2025 was to deliver customer- strong experience and expertise in the capital markets.
centric solutions with ease of facility utilization, including Over the past three years, the Bank has also continuously
the provision of alternative Sharia-compliant financing. undertaken operational team reorganization, whereby
CIMB Niaga also strengthened collaboration within all custodian operational units are led by experienced
customers’ ecosystems by providing trade and supply team leaders, in order to ensure operational reliability,
chain financing support. service quality, and compliance with prevailing industry
standards.
To support domestic supply chain transactions,
Transaction Banking at CIMB Niaga has developed UTILIZATION OF DIGITAL, ARTIFICIAL
systems designed to facilitate customers’ business INTELLIGENCE, AND DATA ANALYTICS
growth, enabling principals to expand their markets and Transaction Banking continues to introduce various
overcome limitations by leveraging a robust electronic innovations to accelerate the Bank’s digital transformation
banking platform to monitor invoice status, payments, agenda, in line with the rapid development of the digital
and other related activities. economy that increasingly influences the banking
industry. These initiatives include, among others, the
development of an Application Programming Interface
(API) ecosystem, which enables more flexible and
efficient system integration with partners and corporate
customers. On the other hand, Securities Services
has adopted the latest custodian systems equipped
with modern features and technologies to support
the operational needs of custodian service users. The
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implementation of these systems is aimed at enhancing
convenience, accuracy, and efficiency in managing
customers’ investment portfolios, while at the same time
strengthening the overall quality of the Bank’s services.
STRATEGIC COOPERATION
The Transaction Banking business segment continuously Roy Kurniawan
PT Indo Lysaght
develops product and service innovations to strengthen Director
strategic partnerships with a number of major
corporations. These initiatives are intended to deliver
integrated, value-added transaction solutions and to
comprehensively support customers’ business needs. Our strong partnership with CIMB Niaga dates back to 2017. CIMB
The strategic partnerships undertaken include, among Niaga is more than just a bank since it has become a strategic
others: financial partner that supports us as we pursue sustainable growth.
The product we benefit most from is their Working Capital Financing
• Strategic collaboration with companies in the
Facility, which we’ve found crucial for our operational liquidity.
frozen products distribution sector, through the Another product we use often is their Trade Finance services for
provision of financing facilities to meet working import/export transactions, as well as the integrated Cash
capital requirements, as well as the delivery of Management service, which is crucial for making daily financial
comprehensive cash management services. These administration much more efficient.
include collection facilities for the secure, efficient,
We’ve found the digital banking solutions CIMB Niaga offers very
and instant management of cash deposits, and helpful. A particular instance is the BizChannel by CIMB Niaga
the Bank’s role as a payment bank supported by platform that offers exceptional convenience for bulk payments,
an advanced Internet Banking system with multi- domestic and international fund transfers, and real-time cash flow
currency options to ensure the smooth operation of monitoring. The intuitive user interface and multi-layered security
features make running our company’s banking operations safe and
customers’ businesses.
efficient; they let us do all that without having to visit a branch as
• Strategic collaboration to support the commodity often as we used to.
ecosystem under the Penyaluran Amanat Luar
Negeri (PALN) scheme, by providing real-time foreign Overall, CIMB Niaga’s product and service support has been
exchange conversion services via API, to facilitate instrumental in enhancing the stability and scalability of our
company’s operations. We hope CIMB Niaga can continue to develop
more efficient execution of trading on overseas
its innovative digital services, particularly by adding more
exchanges and enables more seamless fund personalized and predictive features tailored to our specific industry
management for Indonesian investors in accessing needs. We further hope that our Relationship Managers (RMs) will
opportunities in global markets. continue to be responsive and provide proactive solutions. We are
• Strategic collaboration with automotive companies now looking forward to a closer, long-term partnership.
in collaboration with dealer communities, through
integrated Supply Chain solution services. Under
this arrangement, the automotive company, as the In Cash Management services, the number of active
principal, benefits from assured on-time payments BizChannel@CIMB users increased by 4.09% in 2025
and working capital financing support through compared with the previous year. This achievement
Distributor Financing provided to its dealer network. contributed positively to an increase in the average
From an ecosystem perspective, both principals balance of current accounts by 16.69% year-on-year.
and dealers gain optimal benefits through seamless Virtual Account (VA) transactions also recorded growth
processes enabled by digital platforms and sustained of 43.81% in 2025 compared with the previous year. In
collaboration. addition, remittance transactions increased by 51.61%
year-on-year.
2025 PERFORMANCE
Throughout 2025, Transaction Banking successfully In Trade Finance services, the average Trade Finance
recorded solid performance, supported by successful loan balance in 2025 grew by 31.56% compared with the
expansion efforts and deeper penetration into previous year. There was also an increase in the utilization
business communities across various industries. The of contingent products, with transaction values rising by
implementation of appropriate strategies and policies, 12.54% year-on-year.
as well as the execution of strategic partnerships
to address challenges in the banking industry, also In Securities Services, assets under management
generated positive impacts on the management of Cash recorded an increase of 16.47% in 2025 compared with
Management, Trade Finance, Value Chain, and Securities the previous year.
Services products.
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In recognition of this commitment, CIMB Niaga’s
Transaction Banking received external acknowledgement
in 2025 through The Asset Triple A Treasurise Awards
2025, being named Best Solution – Payments and
Collections in Indonesia, which reflects the Bank’s
excellence in delivering innovative and reliable
Chinthya Theresa Am transaction and payment management solutions.
PT Pamapersada Nusantara
Director
2026 PLANS, STRATEGIES, AND POLICIES
Transaction Banking’s business plan for 2026 will focus
on driving sustainable growth in Third-Party Funds (TPF),
As one of Indonesia’s leading mining contractors, PT Pamapersada particularly from Current Account products, through the
Nusantara requires a banking partner capable of delivering secure implementation of the following strategic initiatives:
and efficient financial solutions across our extensive operations. • Leveraging ecosystem-based solutions as a strategy
to acquire operational transactions and Current
PT Bank CIMB Niaga Tbk, a trusted partner since 2004, has
continuously supported PT Pamapersada Nusantara through its Account DPK from customer communities.
comprehensive cash management services. • Commercialization of API services as a strategy to
increase usage penetration.
Our collaboration was further strengthened through the • Digitalization of customer onboarding and banking
implementation of an integrated interface between CIMB Niaga and
transactions through process re-engineering
PT Pamapersada Nusantara, enabling smoother payment processes
and real-time visibility of our liquidity through clear and reliable and service simplification to enhance customer
reporting. This integration has helped us optimize our payment experience and productivity.
workflows and improve operational efficiency. • Development of Trade Finance and Supply Chain
services that prioritize customer needs and their
The partnership between CIMB Niaga and PT Pamapersada
ecosystems, making them simpler, better, and faster.
Nusantara reflects a shared commitment to providing practical and
mutually beneficial solutions that support companies in achieving • Utilization of robust custodian systems, alongside
sustainable growth. optimization of advanced features and technologies
within the custody business to enhance customer
experience, support business activities, and meet the
evolving needs of custodian service users in line with
AWARDS market developments, including but not limited to
Transaction Banking continues to strengthen operational the administration of Gold ETFs and custody services
resilience and enhance internal efficiency through for other digital assets.
continuous improvements to its work processes, as • Enhanced collaboration with other business units to
part of its efforts to address evolving business dynamics maximize coverage of non-retail customers.
and challenges. These initiatives are aimed at ensuring
consistent service quality while optimally supporting
customers’ needs.
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COMMERCIAL BANKING
Commercial Banking segment provides a comprehensive Margin (NIM) as costs of funds soared. That proves that
range of financial solutions, including investment favorable economic growth does not necessarily have
financing, working capital, trade finance, as well as positive, proportional impacts on banking performance,
cash management and treasury services. As part of the which means there is more to be done by banks should
CIMB Group, the Bank has an extensive domestic and they seek to capture every emerging challenge through,
ASEAN-wide network and serves as a strategic partner e.g., more aggressive and innovative strategies.
for customers in managing and expanding their business
activities. These strengths are further reinforced through To deal with those challenges, Commercial Banking
the adoption of digital innovation and the Bank’s executed selective, defensive, and efficient strategies,
commitment to delivering a superior and integrated which involved strengthening risk management,
service experience. The combination of product diversifying portfolios into sectors that offer growth
capabilities, network reach, and service quality positions prospects and lower credit risk, and introducing
the Commercial Banking segment as the preferred choice consumer-driven product and service innovations amid
for customers seeking modern and sustainable banking dynamic economic conditions, as well as optimizing cost
solutions. management.
STRATEGY AND POLICIES Commercial Banking also implemented an adaptive
Indonesia recorded strong economic growth in 2025, strategy to strengthen a high-quality portfolio by
indicating relatively strong macroeconomic performance. rigorously selecting sectors with strong fundamentals,
But such a positive trend was not really reflected in the such as agribusiness, renewable energy, and supply
Commercial Banking’s performance. Loan demand did chains. The Bank optimized its CASA growth to reduce
not grow at a corresponding rate as the economy’s, the cost of funds and strengthen liquidity. Simplification
particularly in the consumer and MSME sectors, which of loan processes became a key to delivering faster,
remained under pressure from global uncertainty and more efficient, and yet still prudent loan outcomes.
the spillover effects of the recently heated trade war. In Linkage collaboration with Rural Banks (BPR) and Village
addition, competition in the collection of Third-Party Funds Cooperatives (KUD) continued to be expanded to support
(TPF) remained fierce, putting pressure on Net Interest the Macroprudential Inclusive Financing Ratio (MIFR)
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and MSME financing. Furthermore, the Bank actively The decline in the NPL ratio demonstrates the
promoted sustainable finance in line with fiscal incentives effectiveness of the Commercial Banking segment
to support green projects and green businesses. in managing credit risk prudently. That should This
improvement strengthens the financial position of
UTILIZATION OF DIGITAL, ARTIFICIAL debtors, enhancing enhance their stability and resilience
INTELLIGENCE, AND DATA ANALYTICS to and stability in facing business challenges, while
Throughout 2025, Commercial Banking consistently keeping also helping to protect the Bank from potential
explored and leveraged digital technologies and Artificial losses. These efforts are aligned with the Commercial
Intelligence (AI) to enhance operational efficiency and Banking’s segment’s commitment to delivering providing
the quality of customer service. The application of high-quality financial services to customers.
AI technologies was carried out in accordance with
a governance framework under the guidance of the From an intermediation perspective, the Commercial
Financial Services Authority (OJK), to ensure that the use Banking segment continued to record positive loan
of technology remains secure, responsible, and ethical. growth. It saw 3.2% increase in Total total loans
disbursed in 2025 increased by 3.2% to Rp35.7 trillion,
As the method was implemented, the Bank utilized compared to Rp34.6 trillion in 2024. Of the total loans
predictive analytics to strengthen the monitoring of the disbursed, working capital loans contributed Rp26.8
financing portfolio and to proactively anticipate potential trillion, representing a 6.5% increase from Rp25.2 trillion
credit risks. In addition, the adoption of generative AI in 2024. Meanwhile, investment loans disbursed in 2025
helped improve operational efficiency and decision- amounted to Rp8.9 trillion, declining a noticeable by 5.8%
making processes. Better digital cash management decline from Rp9.5 trillion in 2024.
services, including QRIS integration, was continuously
pursued to support seamless business transactions for The collection of Third Party Funds (TPF) also
customers, thereby delivering a faster, more secure, and demonstrated solid performance. In 2025, total TPF
integrated banking experience. amounted to Rp26.4 trillion, increasing up by 3.0%
compared tofrom Rp25.7 trillion in the previous year. The
2025 PERFORMANCE Bank’s funding structure continued to strengthen, driven
Entering 2025, the Commercial Banking segment supported by a 22.9% increase in low-cost funds (CASA),
continued the momentum of performance improvements from Rp16.1 trillion in 2024 to Rp19.8 trillion in 2025,
built in the previous year. Following the improvement which contributed positively to cost of funds efficiency
in asset quality recorded in 2024, our disciplined and the Bank’s liquidity resilience.
and measured credit risk management efforts again
delivered positive results in 2025. This was reflected in In terms of profitability, net interest income in 2025 was
the improvement of the non-performing loan (NPL) ratio, recorded at Rp1.03 trillion, a 4.6% increase from Rp981
which declined from 3.4% in 2024 to 3.2% in 2025, while billion in 2024. Commercial Banking’s profit before tax
remaining within a competitive range compared to the reached Rp1.34 trillion, relatively stable compared to
industry average of 2.22–2.28%. Rp1.37 trillion in the previous year. This performance
reflects the Bank’s ability to maintain income stability
and profitability amid pressures in certain segments,
particularly MSMEs and consumer financing.
CASA Third Party Funds
(in trillion Rupiah) (in trillion Rupiah)
13.3 16.1 19.8 21.5 25.7 26.4
2023 2024 2025 2023 2024 2025
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Net Interest Income Other Operating Income Profit Before Tax
(in trillion Rupiah) (in billion Rupiah) (in trillion Rupiah)
0.9 1.0 1.0 508.5 553.0 526.1 1.1 1.4 1.3
2023 2024 2025 2023 2024 2025 2023 2024 2025
Commercial Banking consistently implemented
measured risk mitigation measures, including selective
loan restructuring for affected debtors, strengthening
collection processes and portfolio monitoring, as well
as optimizing the early warning system. This approach
enabled the Bank to anticipate potential risks at an
earlier stage, maintain asset quality, and continuously Syafril Nasution
PT Trifita Perkasa
strengthen the resilience of its loan portfolio.
Director
Overall, the 2025 performance achievements reaffirm
the success of Commercial Banking in continuing the
fundamental improvements built over previous years. As a continuously growing company, we require a banking partner
With better-maintained asset quality, a stronger funding capable of providing comprehensive solutions through a wide range
structure, and prudent risk management, the Bank is in a of innovative products and services. CIMB Niaga has supported us in
optimizing cash management, providing working capital financing,
more solid position to support the growth of customers’
and supporting sustainable development of our businesses. Its
businesses while delivering high-quality and sustainable trade and treasury products are among the services we use most
financial services. frequently, as they effectively support our transaction needs,
liquidity management, and foreign exchange risk mitigation.
LINKAGE COOPERATION SCHEME
Supported by a reliable system and responsive team, this
Since the early 2000s, Commercial Banking has been
collaboration has made a tangible contribution to improving
cooperating under the linkage scheme as part of the efficiency, achieving performance targets, and driving our business
Bank’s commitment to expanding access to financing. growth. The professionalism demonstrated, both by the Commercial
This linkage scheme is implemented through an Banking team and other supporting units, has been strongly felt
executing cooperation model with Rural Bank (BPR), as throughout our cooperation.
well as the provision of financing for Village Cooperative
Looking ahead, we hope this strategic partnership can continue to
(KUD) that manages nucleus–plasma schemes in the expand through the provision of innovative, competitive, and
palm oil plantation sector. sustainable solutions, enabling us to support the company’s long-
term growth plans.
The implementation of this linkage scheme improves
synergy between the banking sector and microfinance
institutions, demonstrating Commercial Banking’s active In 2025, Commercial Banking continued to strengthen
role in promoting greater financial inclusion. This initiative linkage cooperation with BPRs and KUDs to support
is aligned with the Government’s agenda as reflected in inclusive financing. This scheme focused on financing
the Macroprudential Inclusive Financing Ratio (MIFR) the MSME sector and nucleus–plasma arrangements in
policy, while also supporting sustainable financing for palm oil plantations, supported by corporate guarantees
productive sectors. from nucleus companies to mitigate risk. In addition, the
Bank provided digital-based cash management services
to linkage partners, thereby enhancing operational
efficiency and expanding access to financing for segments
that have not been optimally served.
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and technology partners—to create a more integrated
and sustainable business ecosystem, while at the same
time increasing customers’ competitiveness and its
contribution to overall economic growth.
In addition, the Bank is committed to expanding its
Handara Adyana Utomo Macroprudential Inclusive Financing Ratio (MIFR) portfolio
PT Sumber Jaya Industri Industri Oleo
in line with the Government’s policy direction through the
President Director
Asta Cita program, which emphasizes the strengthening
of an inclusive economy and the empowerment of
MSMEs. Implementation is carried out through linkage
Sumber Jaya Industri Oleo has been working with CIMB Niaga for cooperation with BPRs for the distribution of loan to
about 4 years now. Over this period, we have enjoyed consistent, the MSME sector and Low-Income Individuals (LII),
relevant, and solution-oriented support, which has been as well as with plasma cooperatives under corporate
instrumental for the complex and dynamic operations of the
sponsorship in the development of oil palm plantations.
downstream palm oil industry.
This initiative supports the objectives of Asta Cita in
What sets CIMB Niaga apart is the quality of their team’s service, improving community welfare and strengthening the
which is consistently responsive, professional, and proactive in national supply chain. Furthermore, the Bank will also
delivering solutions. They don’t just meet our needs; they also try to provide financing to suppliers and buyers within the
delve deeper into our business processes to ensure each
supply chains of MSME debtors, thereby creating a more
recommendation is on target. Their Forex products help us manage
currency transactions efficiently and mitigate fluctuation risks, while inclusive and sustainable business ecosystem.
their Export LC facility gives us confidence in our export transactions.
These are key solutions to maintaining a healthy cash flow and From a sustainability perspective, the Bank will increase
business continuity in an increasingly challenging global market. sustainable finance to reduce environmental pressures
and support environmentally friendly business practices,
Looking ahead, we hope CIMB Niaga will further strengthen its
position as a competitive and adaptive national private bank. We are both in terms of processes and end products. This
certain that amid regulatory changes and ongoing dynamics in the commitment is manifested through initiatives such as
financial sector, CIMB Niaga can maintain service quality, drive the launch of GreenBizReady, a one-stop collaborative
innovation, and remain a strategic partner that supports the growth platform designed to support customers. GreenBizReady
of the palm oil industry.
connects business players with a range of sustainability
We look forward to continuing this strong partnership and to solution providers, including carbon emission
delivering sustainable value for both parties. measurement, renewable energy technologies, energy
efficiency solutions, as well as environmental and social
performance consultancy.
PLANS, STRATEGIES, AND POLICIES FOR 2026 In addition to providing financing, the Bank also offers
Entering 2026, Commercial Banking will focus on comprehensive advisory support to enable businesses
strengthening overall business growth, both in terms to implement sustainability principles in a tangible
of loans and Third Party Funds (TPF), through programs manner, including through Sustainability-Linked Loans
designed to deliver more attractive value propositions (SLL), which provide interest rate incentives based on
to customers. The Bank will also improve customer the achievement of sustainability targets. This strategy
engagement through initiatives that encourage sustained will be complemented by the development of existing
transactional activity, as well as the development of more business models through the expansion of targeted
comprehensive features within the cash management sectors. Through these measures, Commercial Banking
system to better align with customers’ business needs. is well positioned to maintain its competitiveness and
In addition, the Bank will strengthen the development of support sustainable business growth amid global and
its customer ecosystem by connecting business players domestic economic dynamics.
to broader supply chains—including suppliers, buyers,
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EMERGING BUSINESS BANKING (EBB)
The Emerging Banking Business (EBB) segment of CIMB sector collaborations, thereby strengthening their
Niaga serves as a strategic partner for Micro, Small, business competitiveness in an increasingly integrated
and Medium Enterprises (MSMEs) support national market.
economic growth by fostering sustainable, inclusive
business development. Prioritizing a superior banking Through a comprehensive range of banking products and
experience for customers, EBB offers comprehensive services, from financing facilities and cash management
financial solutions to meet the personal and business to digital solutions to meet the needs of MSMEs, EBB
banking needs of entrepreneurs, leveraging CIMB Niaga’s supports smooth operations and accelerates customer
extensive network reach and branch presence both business development. Its adaptive, relevant approach,
domestically and regionally, as well as a digital platform supported by competitive pricing, makes EBB a reliable
that provides a convenient, flexible, and mobile customer partner in every phase of business growth. In line with
experience. its sustainability commitment, EBB also integrates
Environmental, Social, and Governance (ESG) principles
EBB’s strengths are further reflected in the support into every initiative, including green financing and
of a competent and experienced sales team, with the empowering women entrepreneurs, as a tangible
capability to comprehensively identify customers’ needs contribution to drive inclusivity and sustainable economic
and deliver fit-for-purpose solutions. The sales team growth.
is supported by technology, utilizing data analytics
to improve operational efficiency while delivering STRATEGIES AND POLICIES
increasingly personalized services tailored to customer Throughout 2025, macroeconomic dynamics presented a
needs. number of challenges that also affected the performance
of the banking industry, including CIMB Niaga’s EBB
All of these features enable businesses to manage their segment. These dynamics have contributed to shaping
finances more effectively amidst evolving business the MSME loan market landscape, which showed a
dynamics. EBB also provides broader access to customers declining trend in 2025.
for various business opportunities and potential cross-
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opportunities for customers. These initiatives were
supported by ongoing digital transformation, including
the optimization of systems and service channels to
simplify processes, shorten service turnaround times,
and deliver a better, faster, and more responsive banking
experience.
Andi Sugiharta
PT Bangkit Perkasa Sukses
Director In addition, EBB strengthened its role as a strategic
financial partner for customers by providing cash
management solutions tailored to the profiles and needs
of each business segment, thereby supporting transaction
We are very satisfied with the quality of service provided by CIMB efficiency and smooth business operations. Within a
Niaga, supported by a comprehensive range of products, from broader framework, EBB also remained committed to
financing facilities to investment solutions. Having access to these supporting sustainable and inclusive economic growth
integrated services has made it easier for us to manage and fulfill
by expanding access to financing and sustainable
our diverse financial needs.
financial services, including the empowerment of women
We are especially grateful for CIMB Niaga’s responsiveness and entrepreneurs and the development of green initiatives,
continuous support, particularly during the challenging period of as a tangible contribution to strengthening the national
the COVID-19 pandemic. The Bank’s digital services have also played economy.
an important role in helping us conduct transactions and manage
our finances efficiently, securely, and sustainably.
UTILIZATION OF DIGITAL, ARTIFICIAL
INTELLIGENCE, AND DATA ANALYTICS
Throughout 2025, EBB consistently accelerated its
Despite such tough circumstances, EBB continued to digital transformation to enhance efficiency, accuracy,
deliver strong performance as we always put disciplined and customer experience. Key initiatives undertaken
risk management first, alongside adaptive and relevant included:
product innovation and digital enhancements to
continuously improve the customer experience. This 1. Digital Tools for the Sales Team
approach has enabled EBB to maintain portfolio quality Equipping the sales team with the OCTO Smart
while sustaining sustainable growth momentum amidst application, a digital tool that supports end-to-
challenging market conditions. end sales activities, from customer acquisition
to relationship development to enhance sales
This achievement was realized through the establishment productivity and effectiveness. In addition, AI
of key objectives in 2025 to drive sustainable, inclusive, capabilities are being developed to assist the
and interconnected business growth through focused sales team in accessing product and promotional
and integrated strategies. The primary focus was placed information accurately and efficiently.
on optimizing customer potential by maximizing internal
synergies, implementing cross-selling strategies, and 2. Digitalization of Onboarding and Loan Application
developing product bundling solutions that address Processes
customers’ needs, both in personal financial contexts Optimization of customer registration, deposit
and business development. This approach enabled account opening, and loan application processes
EBB to deepen customer relationships while enhancing through digital-based services, thereby accelerating
overall service value. service times and enhancing customer convenience.
In line with that, EBB also accelerated the development 3. Credit Analysis Using OCR Technology and Digital
of a more connected business ecosystem through Platforms
the strengthening of strategic partnerships and Utilization of Optical Character Recognition (OCR)
active engagement within business ecosystems, both technology to accelerate document verification
domestically and regionally. Development efforts were through the digital-based Loan Origination System
focused on tier-2 cities across Indonesia as emerging (LOS), enabling credit analysis processes to become
centers of economic growth, with the aim of expanding more accurate, efficient, and measurable.
market access and unlocking broader business
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4. Big Data & Machine Learning for Product
Penetration Analysis
Big data– and machine learning–based analytics
to identify cross-selling opportunities and improve
product penetration among existing customers in a
more targeted manner.
Fifi Krestina
PT Yokohama TWS Indonesia
5. Availability of Multiple Digital Channels for Finance Director
Customer Transaction Convenience
OCTO Clicks, OCTO Mobile (currently have been
integrated into OCTO), and BizChannel@CIMB (or
OCTOBiz) as digital platforms/channels that are We have experienced a very strong and personal relationship, built
available and continuously enhanced to facilitate on the active efforts of the Relationship Manager and Branch
customer transactions. Manager in developing a long-term partnership with CIMB Niaga. In
our day-to-day operations, we use current account services and
BizChannel, which are highly practical and particularly helpful for
2025 PERFORMANCE managing our business utility payments. BizChannel also offers
Amid macroeconomic dynamics throughout 2025, EBB several features that are not available at other banks.
remained able to deliver solid performance, recording
positive growth across various key indicators. In 2025, Looking ahead, we hope CIMB Niaga will continue its transformation
to further simplify transaction processes, including large-scale
EBB showed business resilience, as reflected in the
transactions, so they become even more seamless and personalized
growth of its loan portfolio and the strengthening of its to meet customers’ needs.
customer funding base.
In terms of lending, EBB recorded year-on-year growth 2026 PLANS, STRATEGIES, AND POLICIES
of 1.99%, with total loans reaching approximately Rp27.4 Entering 2026, the EBB segment will continue its strategic
trillion in 2025. This performance reflects a selective directions that demonstrated effectiveness throughout
growth strategy that continues to prioritize prudence and 2025, with a focus on sustainable growth, accelerated
a strong focus on portfolio quality. digitalization, and the strengthening of the business
ecosystem. This strategy is designed to ensure that
Meanwhile, on the funding side, EBB achieved significant EBB remains adaptive to evolving customer needs and
growth in Third-Party Funds (TPF) of 14.19%, reaching industry developments, while consistently creating
approximately Rp48.0 trillion. This growth was primarily sustainable value for customers and the company.
driven by an increase in low-cost funds through
current account and savings products, which further In its implementation, EBB will further deepen the
strengthened the Bank’s funding structure and supported digitalization of business processes to accelerate service
the sustainability of EBB’s future business growth. delivery and enhance the personalization of customer
solutions. These efforts will be supported by the
AWARDS strengthening of the business ecosystem through cross-
Throughout 2025, EBB has successfully received a industry collaboration and platform integration, which
number of prestigious awards reflecting the consistent are expected to open new synergy opportunities and
commitment to innovation, sustainability, and customer expand customers’ access to a wide range of relevant
trust, particularly within the small and medium enterprise financial solutions. In parallel, EBB will also improve
segment. These achievements serve as external operational efficiency through process automation and
recognition of EBB’s strategy in delivering relevant, the continuous development of digital tools for the sales
adaptive, and long-term growth–oriented banking team, thereby supporting higher productivity and more
solutions. The awards received were as follows: optimal service quality.
1. Best SME Bank Indonesia Award, given by Global
Business & Finance Magazine, World Economic From the customer experience perspective, EBB will
Magazine, Global Finance, and Global Business continue to integrate various service channels through
Magazine; an omnichannel approach, covering digital channels, the
2. Special Sustainability Award from the Nusantara SR branch network, and relationship managers, to ensure
Awards 2025; and that customers receive a consistent, seamless, and
3. Most Trusted Financial Brands 2025 for SME Banking responsive experience at every point of interaction. In
Solutions from Investor Trust. addition, EBB will progressively expand its green financing
portfolio and deliver inclusive financial solutions, in line
with the Bank’s commitment to ESG principles and global
trends toward more sustainable economic development.
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CONSUMER BANKING
The Consumer Banking segment has always positioned In addition, CIMB Niaga offers a more exclusive value
itself as a provider of comprehensive, relevant, and need- proposition for premium customers with a Total
based financial solutions for its diverse customer bases. Relationship Balance (TRB) starting from Rp500 million,
Offering a full range of products and services portfolio, through dedicated services and various benefits tailored to
Consumer Banking helps customers with their finances, customers’ profiles and preferences. The combination of
from day-to-day financial management to long-term comprehensive product offerings, precise segmentation,
financial planning, covering savings and transaction and value-added services lays the key foundation for
services, investments, protection, emergency financing, Consumer Banking’s competitive advantage in building
home or apartment mortgages, credit cards, and many customer loyalty and driving sustainable growth.
other financial solutions. This is an approach that lets
the Bank build sustainable relationships with customers All these advantages are offered with a strong focus on
by delivering integrated services that support them with customer experience. Through the utilization of data
their financial needs at every stage of their lives. With and analytics, the Consumer Banking segment adopts
an extensive and inclusive service coverage, Consumer a more personalized and proactive service approach
Banking serves a wide range of customers, from retail to enhancing the relevance of offerings, customer
to affluent segments, with a product portfolio that is satisfaction, and the quality of interactions at every
designed to be relevant and adaptive to the different service touch point. With an extensive reach, digital
customers’ profiles, preferences, and life stages. innovation, comprehensive products, and superior
customer experience, the Consumer Banking segment of
From a product offering perspective, Consumer Banking CIMB Niaga is well positioned to continue growing and
provides comprehensive and integrated financial competing sustainably.
solutions, covering savings products, investment
products, loans, and wealth management services. This STRATEGY AND POLICY
one-stop financial solution approach lets customers Throughout 2025, Consumer Banking operated its
manage their financial needs holistically within a single banking business in a complex macroeconomic
ecosystem that offers convenience, service consistency, environment, characterized by a slowdown in both global
and sustainable added value. and domestic economic growth. Indonesia also forecast
a decline in economic growth in 2025 to somewhere
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around 4.8–4.9%, from around 5% in the previous year,
while household consumption—with more than 50%
contribution to GDP—also moderated within a similar
range. This slowdown had a direct impact on consumer
spending behavior, particularly on high-value purchases,
which eventually slowed demand for consumer loans,
especially in the Mortgage (KPR) and auto loan segments. Lidwina Daradjadi
Retired,
Now a Housewife
Macroeconomic pressures throughout 2025 were
reflected in relatively elevated inflation, ranging between
4.3–4.7%, pretty well above the target set by Bank
Indonesia, and the persistently tight rate environment as I have been a CIMB Preferred customer for the last three years. I
BI Rate paused it at 5.75% to safeguard exchange rate made that decision because of the strong relationships I had
stability and control inflation. Increases in food, energy, developed not only with their Relationship Manager (RM), but also
with leaders of their Preferred team.
and transportation prices reduced public purchasing
power and slowed savings growth, intensifying Their personalized approach, friendly service, and regular updates
competition for low-cost funds (CASA), while time on market news and programs have made me an even more loyal
deposits became less attractive. customer.
To date, I have used many of the Bank’s investment products, such
Such pressures kept borrowing costs high and pushed
as bonds, Market-Linked Deposits (MLD), and insurance, which
banks to become more selective in their consumer loan provide me with additional value due to their promising returns and
distribution, as reflected in the decline of key subsectors, asset growth. The products available are flexible and tailored to
including of 3.80% in residential property sales in the your risk profile, supported by the RM’s excellent knowledge and
second quarter of 2025, and the slowdown in auto loan proactive communication. I believe CIMB Preferred’s advantage over
other priority services stems from the RM’s quality and insight in
growth to 0.72% in September 2025 from 9.00% over
providing the right solutions.
the previous year’s corresponding period. Inflationary
pressures, higher interest rates, exchange rate In terms of service, I have had a fantastic experience with CIMB
depreciation, and global uncertainty combined to make Preferred because it feels so personal. Oftentimes, I use OCTO
loans less affordable for certain prospective borrowers, Mobile, their digital service, for bond purchases and forex
transactions. The best one I have is the attention the RM and CIMB
who held off on buying decisions, putting pressure on an
Preferred team pay to me; they often make time to visit me in
otherwise higher volume. person, even when I’m just feeling unwell. I hope that as it grows,
CIMB Preferred can maintain a sustainable pool of RM while
As household financial pressures increased, credit risk improving product edges for priority customers in terms of interest
in the consumer segment showed an upward trend, as rates, prices, and investment schemes, making them even more
relevant to customers’ financial needs and aspirations.
indicated by the increase in the consumer loan Non-
Performing Loan (NPL) ratio from 2.17% in March 2025
to 2.24% in April 2025. This condition prompted the
Bank to tighten risk management through enhanced protection and data security. That trend prompted the
credit scoring, the implementation of more prudent Bank to continuously strengthen its digital ecosystem,
underwriting practices, and the reduction of exposure introduce competitive products such as instant loans and
to higher-risk segments. Amid intensifying industry paylater facilities, and enhance customer experience to
competition, banks were compelled to offer more remain relevant and maintain market share.
aggressive pricing schemes to sustain loan growth,
which in turn added even more pressure on margins and Amid these challenges, CIMB Niaga continued to maintain
profitability. the stability and resilience of its Consumer Banking
performance through sustainable product and program
In addition to macroeconomic factors and credit risk, innovations. On the other hand, the enhancement
Consumer Banking also faced heightened competition of digital capabilities and collaboration with strategic
from fintech players and digital disruption as it partners successfully drove significant growth in
became increasingly massive. The growth of fintech the Personal Financing business, with a noticeable
has broadened access to non-bank financing, while growth of 23.59% in outstanding balances in the year’s
simultaneously introducing new challenges to consumer corresponding period.
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Banking business as macroeconomic challenges
persisted as the year unfolded.
In response to external developments, Consumer Banking
stayed focused on strengthening its funding structure
by increasing the proportion of low-cost funds (CASA),
Dion Albert H. Sitorus particularly savings accounts, which entailed optimizing
Tu7uh Creative Lab
COO the existing customer base while maintaining the quality
of new customer acquisition. This effort was undertaken
amid the dynamics of rate cuts, which drove adjustments
to deposit interest rates offered to customers. In light
Since 2011, our family’s primary financial partner has been CIMB of all that, Consumer Banking remained consistent in
Niaga. We have felt pretty secure with its solid reputation as one of keeping its low-cost fund appealing through a more
the largest private banks in Indonesia, and credibility and stability comprehensive and customer experience–oriented
have definitely earned our trust, as we find the Bank extremely
approach.
helpful in managing our family’s finances. It has been a long-term
relationship along, and we are increasingly convinced that CIMB
Niaga is a reliable partner for our family at every stage of life. The savings mobilization strategy was implemented
through a range of integrated initiatives, including
Throughout the journey, CIMB Niaga has really shown that they attractive acquisition programs via the OCTO digital
understand what our family needs with their options of practical,
channels (mobile application and website), organization
relevant, and transparent banking solutions. We’ve been very happy
with the Bank consistent and reliable service quality. Their and participation in event-based acquisition activities,
increasingly personalized approach, especially with their easy and collaboration with educational institutions, and
flexible digital services, has made managing our family’s finances partnerships with corporations to manage payroll savings.
easier and more structured. Consumer Banking also deepened communication with
customers from the moment they opened an account
The use of OCTO Mobile has been one of the best experiences we
have had with CIMB Niaga. We constantly use this application as our until the first three months afterward, to educate the
primary financial management channel, letting us see where we customers more on the benefits and features of savings
financially are, including cash inflows and outflows, as well as products, the convenience of digital transactions, as
investment portfolios. These features help keep us financially well as the added value derived from the use of debit
disciplined and keep us relaxed every time we have to make very
cards and QRIS at partner merchants, both online and
important financial decisions, while making it easier for us to
manage our finances as a family. offline. This approach came with relevant cross-selling
recommendations to deepen customer relationships.
Another advantage we truly appreciate is CIMB Niaga’s added value,
such as competitive foreign exchange rates, which we have found Within the 2025 business development framework,
useful whenever we plan to spend time abroad. We are hopeful that
Consumer Banking set a target for healthy and
as time goes on, CIMB Niaga will continue to maintain and even
improve its excellent service quality, particularly by providing sustainable consumer loan growth, aiming for moderate
increasingly personalized solutions tailored to customers’ needs growth in the range of 7–8%, with a focus on Mortgage
and life stages, allowing the Bank to maintain its position as a (KPR), multipurpose loans, and ecosystem-based
trusted partner for Indonesian families. financing. On the funding side, the optimization of Third-
Party Funds (TPF) through strengthening CASA remained
a key priority to safeguard liquidity amid intensifying
As we entered the phase of monetary policy easing and competition from alternative investment instruments.
government stimulus support that began to enhance Consumer Banking also continued to accelerate the
liquidity within the financial system, we saw a shift in digitalization of consumer services through increased
the consumer banking customer behavior. Customers digital transactions, integration of payment ecosystems,
began to shift their focus from consumption to asset and development of data-driven products, in line with
protection and expansion, as reflected in growing its commitment to enhancing financial literacy and
interest in low- to medium-risk investment instruments consumer protection to maintain public trust.
such as government bonds and fixed income mutual
funds, as well as opportunities in higher-risk assets To achieve these targets, the Consumer Banking
for more aggressive investors. Here, the Bank had to implemented several key strategies, which involved
attend more closely to customer needs through financial accelerating digital transformation by strengthening
education, more personalized digital services, and a risk mobile banking capabilities, using artificial intelligence
profile–based approach. The trend has made the role of in credit scoring, and working with fintech partners. The
wealth management even more strategic in safeguarding development of product bundling strategies—such as
customers’ financial resilience while simultaneously the integration of payroll services, consumer loans, and
supporting the sustainable growth of the Consumer savings products—was underway to strengthen customer
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loyalty. Laying the foundation for product development
were data-driven segmentation and personalization
approach based on customer behavior and needs—
from lifestyle, housing, to education. Strengthening risk
management also remained a key priority, through credit
scoring based on alternative data to anticipate higher
credit risks. Ayers Gilberth Ivano Kalaij
Puskesmas Pulasaren
Doctor
Consumer Banking implemented its business
development policy in 2025 in line with the regulatory
direction, including the priorities of the Otoritas Jasa
Keuangan in optimizing the contribution of the financial I have been a loyal CIMB Niaga customer for nearly seventeen years.
services sector, advancing inclusive and sustainable It was a lengthy journey that began when my parents opened a
finance, strengthening supervision and governance, and Junior Savings account for me. As a child, I recognized the importance
of its benefits to me, ranging from an easy way to save to financial
enhancing consumer protection and industry integrity.
education that taught me how to manage money from a young age.
The macroprudential and payment system policies of As I grew older and became more financially independent, I switched
Bank Indonesia further laid the foundation for loan to an OCTO savings account. I have become a more loyal customer
distribution to priority sectors and expanding digital since discovering and enjoying the many relevant benefits of the
payment acceptance within the community. app’s cashback program for my daily needs, such as online shopping
and e-wallet top-ups.
Consumer Banking also had to contend with constraints The OCTO app has become my most frequently used service due to
and challenges, including relatively tight liquidity its comprehensive features, simple navigation, and user-friendly
conditions with the Loan-to-Deposit Ratio (LDR) 65.26%, design, which appeals to the younger generation that values speed
increasingly intense competition for Third-Party Funds and efficiency. CIMB Niaga’s advantages over other banks include its
promotional campaigns and focus on young people’s needs, from
(TPF), and the Statutory Reserve Requirement (GWM)
lifestyle and entertainment to everyday necessities. In my daily life,
remaining at 65.26%. In terms of asset quality, pressure I prefer OCTO’s QRIS feature and e-wallet top-ups because they are
on consumer loans was reflected in the increase of the convenient and offer attractive cashback. It’s been a pleasant and
NPL ratio to 2.55%. Inflationary pressures in the range reliable digital experience ever since I’ve used the app.
of 4.3–4.7%, and fiscal policies such as the increase in
I believe that CIMB Niaga’s service is personalized and responsive. I
VAT, further weakened purchasing power and limited the
often notice that some even exceeded my expectations. One was
growth potential of consumer lending. when I inquired about opening a forex savings account at the call
center, and the staff provided a clear, patient response. As the Bank
Competition was becoming increasingly complex, along moves forward, I am hopeful that it is becoming more relevant to
with the growing role of fintech and various alternative the younger generation through more promotions, more flexible
savings products such as one-month term deposits or GOAL Savers,
investment instruments, which could add more pressure
more gamification features, and OCTO-enabled, convenient
on CASA growth. The funding cost environment, which automatic payments for utility bills.
remained relatively high due to the preceding high-rate
regime, has further constrained the room for rate cuts in
lending and required more prudent pricing and margin
management. PRIVATE BANKING
CIMB Niaga Private Banking is an exclusive banking service
Consumer Banking responded to the challenges with dedicated to high-net-worth individuals (HNWIs), offering
a series of anticipatory measures, which entailed tailored investment strategies and comprehensive,
diversifying funding sources through bond issuance integrated Wealth Management solutions—from
and collaboration with international institutions, and investment and financing to estate planning. Supported
continued to enhance operational efficiency through by dedicated advisors, access to the regional network
process digitalization to reduce costs, while introducing of CIMB Group in Indonesia, Singapore, and Malaysia
product innovations like instant loans and paylater through Cross Border Referral services, as well as digital
facilities, and strengthening the digital ecosystem to keep convenience via OCTO by CIMB Niaga, clients benefit
all products appealing. By risk mitigation, Consumer from privacy, convenience, and personalized services
Banking reinforced credit scoring models, enhanced early designed to maximize both the growth and sustainability
warning systems, and made selective loan restructuring. of their financial assets.
It further expanded ecosystem collaboration with fintech
companies, e-commerce platforms, and other digital
platforms to strengthen the customer base and ensure
healthy, adaptive, and sustainable growth amid the
year’s economic dynamics.
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In 2025, the Private Banking segment of CIMB Niaga active role in promoting sustainable development and
demonstrated solid performance and made a significant environmental conservation.
contribution to the overall growth of the wealth
management business. This growth aligned well with the In 2025, the mortgage portfolio was projected to
Group’s strategy to strengthen premium financial services grow moderately at 0.5%–1.0%, with NPL maintained
and expand its high-net-worth customer base. Throughout below 3.0%. This aligned with the Bank’s strategy to
the year, Private Banking recorded more than 17% year- prioritize healthy and sustainable mortgage growth
on-year growth in Assets Under Management (AUM), while maintaining asset quality and profitability. One
and achievement that was driven by the optimization strategic focus was strengthening collaboration with
of investment solutions tailored to customers’ risk selected developer partners by offering a diverse range
profiles, increased penetration of wealth products, and a of products and competitive rates. In addition, the Bank
stronger focus on customer relationships through more sought to optimize acquisition through digital channels
personalized and holistic advisory services. More than via online forms and enhance customer experience
70% of Private Banking customers also recorded individual through simplified mortgage applications, including the
AUM growth, reflecting its effective portfolio management “Instant Approval” program for low-risk segments.
strategies and customers’ trust in CIMB Niaga’s Private
Banking services. AUTO LOANS
In the Auto Loans (KPM) business, CIMB Niaga has some
Going forward, CIMB Niaga Private Banking will continue advantages over its peers through its Auto Joint Financing
to reinforce its growth foundation through relevant (Indirect Auto) product, which includes the offering of
investment product innovation, accelerated digitalization both Conventional and Sharia Joint Financing schemes,
of services to enhance customer convenience, and deeper, utilizing various contract types, as well as financing
more personalized relationship approaches. This strategy facilities for both two-wheel and four-wheel vehicles.
is expected not only to sustain positive performance, but The Bank is supported by an advanced system capable
also to enhance CIMB Niaga’s competitiveness amid the of ensuring short Service Level Agreements (SLA), even
evolving financial industry landscape, while strengthening with a substantial transaction volume. CIMB Niaga
its position as a trusted partner for high-net-worth also maintains a robust end-to-end process, including
customers. features to reconcile end-user collectibility status,
thereby minimizing issues related to unmatched status.
CONSUMER BANKING SEGMENT
OPERATIONAL PERFORMANCE The Auto Joint Financing (Indirect Auto) portfolio
was projected to grow by 15%–20%, in line with the
MORTGAGE continued demand from multifinance companies for
CIMB Niaga’s Mortgage (KPR) product has competitive Joint Financing facilities to maintain their gearing ratios
edges designed to provide flexibility and convenience and asset-side balancing. Key strategic focuses in 2025
to customers. Through the XTRA Manfaat feature, included maintaining portfolio quality through regular
customers can link their mortgage facility with up to nine portfolio monitoring, implementing risk-based pricing,
savings accounts, enabling returns generated from these and expanding partner networks to increase the target
savings balances to be utilized to reduce installment market.
amounts or shorten the loan tenor. In addition, CIMB
Niaga provides a digital application channel through the In 2025, CIMB Niaga recorded a Auto Loans (KPM) portfolio
Online Mortgage Application Form, allowing customers growth of 10.10% to Rp18.9 trillion from Rp17.1 trillion
to conveniently apply for mortgage facilities via mobile in the previous year (including subsidiaries). Meanwhile,
devices or other digital platforms, in line with the Bank’s the Sharia scheme portfolio amounted to Rp0.8 trillion,
commitment to enhancing accessibility and convenience declining by 65.47% from Rp2.2 trillion in the prior year.
in banking services. The Bank’s KPM Non-Performing Loan (NPL) ratio stood
at 1.76%, compared to 1.09% previously.
In terms of acquisition and expansion of outreach, CIMB
Niaga optimizes the use of the OCTO Friends referral CREDIT CARDS AND DEBIT CARDS
application, enabling customers to refer family members, In 2025, CIMB Niaga appointed Mastercard as the selected
relatives, and associates to obtain Mortgage Loan (KPR) principal for its Credit Cards and Sharia Cards. Pertaining
facilities. In line with its commitment to sustainable to that appointment, Credit Cards and Sharia Cards
financing, CIMB Niaga has also developed the One bearing the VISA and JCB logos currently in circulation are
House One Tree Mortgage Program and Green Mortgage being gradually migrated to Mastercard-branded Credit
(KPR Hijau) as part of its support for the sustainability Cards and Sharia Cards, starting from March 2025 and to
financing agenda. Through collaboration with Yayasan be completed no later than 31 December 2026. To align
KEHATI, CIMB Niaga plants one tree for every mortgage with the implementation of this migration plan, CIMB
application successfully booked, reaffirming the Bank’s
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Niaga has launched the CIMB Niaga World Syariah Card, For debit cards, CIMB Niaga offers various advantages to
a Sharia-based financing card targeting the premium customers, including convenient access across domestic
segment under the Mastercard principal. and international ATM and Electronic Data Capture (EDC)
networks, secure online transactions supported by 3D
Furthermore, as part of its efforts to provide differentiated Secure features, as well as contactless functionality and
Credit Card products with distinct features and benefits, affinity debit cards, which serve as key differentiators for
CIMB Niaga introduced a Co-Brand Credit Card in customers. In 2025, the number of active CIMB Niaga
collaboration with Cathay Pacific, targeting the affluent debit cards in circulation reached 2.5 million cards. The
and mass-affluent segments. total value of purchase transactions using CIMB Niaga
debit cards amounted to Rp3.7 trillion, with a significant
As a continuation of digital development initiatives to increase in international transactions reaching Rp641
provide greater convenience and options for customers, billion, or 33% compared to the previous year.
in 2025 CIMB Niaga introduced a digital credit card
application mechanism, accessible to both new and WEALTH MANAGEMENT AND BANCASSURANCE
existing customers through its digital banking platforms CIMB Niaga’s Wealth Management & Bancassurance
(OCTO application and OCTO website). The target market services are supported by a robust ecosystem comprising
within the affluent segment was also expanded by 11 investment managers, 1 securities company, 17
optimizing the potential of branch customers, particularly general insurance partners, and 8 life insurance partners
in major cities outside Java. that have undergone a rigorous selection process, as
well as a reliable Treasury Unit. Through these services,
Credit cardholders were also given the opportunity CIMB Niaga assists customers in planning, growing, and
to earn higher rewards (Xtra Points) by transacting at protecting their assets sustainably, thereby safeguarding
merchants within categories selected by customers. and optimizing their future financial conditions.
These Xtra Points can be redeemed easily and quickly
through digital channels under more attractive schemes. Within Wealth Management, CIMB Niaga offers a diverse
CIMB Niaga further enhanced service features by range of products, including treasury products such
providing customers with the option to convert as Foreign Exchange, Strike Currency, Market Linked
outstanding bills into installment plans, which can also Deposit, Swap Deposit, and bonds; mutual fund products;
be applied for digitally through the OCTO application. as well as insurance products. CIMB Niaga also offers
Various promotional programs, including discounts bancassurance products, which constitute one of the
and cashback offers at hotel merchants, airlines, Bank’s fee-based income sources derived from the sale
supermarkets, restaurants, gadget retailers, and of general and life insurance products in collaboration
e-commerce platforms, were introduced in line with with insurance partners. The implementation of Wealth
customer needs. Management product marketing strategies has been
further diversified, while continuing to promote cross-
In 2025, the credit card business continued to record selling and bundling programs within the Wealth
positive growth, with the number of credit cards Management portfolio.
increasing by 6.34% to 3.13 million cards from 2.94
million cards previously. Total credit card sales volume In 2025, CIMB Niaga recorded mutual fund income
reached Rp33.1 trillion, representing a 1.0% increase of Rp48 billion. Other investment products such as
from Rp32.8 trillion in the prior year. From a profitability Market Linked Deposits and Bonds further supported
perspective, the credit card business remained one of the 2025 performance, with a total contribution of
the Bank’s flagship businesses, contributing Rp9.9 trillion Rp616 billion in income. Overall, Wealth Management &
in outstanding loans as of December 2025, up 0.66% Bancassurance products recorded 8% growth in Assets
from Rp9.8 trillion in 2024. The contribution of the credit Under Management (AUM), increasing to Rp88.4 trillion
card business to total Consumer Banking loans became from Rp81.6 trillion previously.
increasingly significant. Meanwhile, the Non-Performing
Loan (NPL) ratio improved to 2.34%, compared to 3.07% PERSONAL LOAN
in the previous year. Within the Consumer Banking segment, the Personal
Loan business has continuously developed its acquisition
model through Indirect Channels supported by
partnerships with fintech companies. In 2025, Personal
Loan business development remained focused on
product enhancements aligned with customer needs,
strengthening digital channels to provide convenience
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and comfort in the application process, and expanding CIMB Niaga also implemented competitive interest
partnership models through the Partnership Lending rate adjustments, complemented by various attractive
(Indirect Channel) scheme to broaden acquisition reach programs for both Rupiah and foreign currency savings,
in an efficient and measurable manner. to retain and capture additional portfolio opportunities
from existing interest rate–sensitive customers.
Personal Loan products include OCTO Loan, a standby loan Utilization of existing savings customers was further
product designated for payroll customers and merchant optimized through cross-selling of other products.
business customers; Gold Xtra Personal Financing iB; Edu
Xtra, which provides education financing solutions; as In 2025, Consumer Banking recorded a Loan to Deposit
well as Umrah & Special Hajj Financing to support Umrah Ratio (LDR) of 65.26%, compared to 64.82% previously.
and special Hajj pilgrimage needs. The sales process was The CASA ratio increased to 64.82% from 64.43% in the
further strengthened through customer acquisition via prior year.
digital channels (OCTO Mobile), enabling Personal Loan
products to be accessed by all CIMB Niaga customers. PERSONAL CREDIT LINE
Personal Credit Line is a secured financing product
CIMB Niaga continued to extend loan facilities to that uses time deposits and bonds as collateral. This
customers with sound credit track records, thereby product provides flexibility for customers to meet
maintaining credit quality amid conditions that various financing needs without having to liquidate their
constrained economic activity. To enhance Personal time deposits or divest their investment portfolios. In
Loan performance, Consumer Banking continued cross- addition, Personal Credit Line offers currency options
selling initiatives, accompanied by the implementation of in both Rupiah and foreign currencies, allowing it to be
targeted loan disbursement strategies through branch tailored to customers’ financial needs and profiles. From
offices and corporate partners that channel employee a performance standpoint, the Personal Credit Line
payroll funds through the Bank. business recorded a portfolio decline of Rp117.7 billion
in 2025, from Rp1.25 trillion previously to Rp1.07 trillion.
2025, the Personal Loan business recorded 14.5% growth,
reaching Rp6.5 trillion from Rp5.7 trillion previously. This Cross-selling strategies continued to be optimized for
increase was primarily driven by growth in new loan existing customers by leveraging cash collateral and
volumes in line with favorable economic expansion. The marketable securities through the Personal Credit Line
Personal Financing Business delivered profitability with (PCL) product, available in Rupiah and USD. This initiative
a RAROC of 16.9%. The gross non-performing loan (NPL) was supported by the development of increasingly
ratio for the Personal Loan segment stood at 3.16%, comprehensive digital sales channels, enabling
compared to 2.31% previously. customers to access and utilize the Personal Credit Line
product quickly, securely, and efficiently.
SAVING PRODUCTS
CIMB Niaga continued to strengthen low-cost fund LOAN QUALITY
mobilization by acquiring new customers, enhancing Throughout 2025, loan quality management remained
savings product features, and promoting account one of the Bank’s key priorities amid intensifying price
openings through digital banking services and other competition that put pressure on margins, as well as
channels. The Consumer Banking segment offers several the need for heightened prudence in managing asset
flagship savings products for retail customers, supported quality given consumer purchasing power and debtor
by the Dual Banking Product concept (Conventional and risk profiles that remained sensitive to macroeconomic
Sharia) to meet customers’ daily transaction needs. changes. In response to these conditions, Consumer
Banking consistently implemented prudent underwriting
The Bank offers up to 60 free banking transaction fees per processes, strengthened ongoing portfolio monitoring,
month through OCTO Savers. Meanwhile, XTRA Savers and adopted selective pricing strategies to maintain
is designed for customers with higher total balances, healthy and sustainable growth.
providing XTRA Benefits such as higher interest (XTRA
rate) and greater convenience for overseas transactions In line with this approach, loan quality in the Consumer
without exchange rate conversion fees. The Bank also Banking segment throughout 2025 showed relatively
offers GOAL Savers to help customers achieve various contained pressure. As of December 2025, the non-
objectives such as education, vacations, purchasing new performing loan (NPL) ratio increased year-on-year from
gadgets, and performing Umrah and Hajj. 2.25% in December 2024 to 2.55% in December 2025.
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This achievement reflects the impact of the economic OCTO. This integration allows customers to synchronize
slowdown, pressure on purchasing power, and ongoing and access applications and websites with the same
household financial adjustments. Nevertheless, it credentials (User ID), bringing seamless, convenient, and
remained at a manageable level through disciplined and consistent digital experience.
continuous strengthening of risk management practices.
Besides rebranding, we’ve always introduced various
As an initial mitigation measure, Consumer Banking digital innovations to add more features and services to
consistently reinforced early delinquency management the OCTO:
efforts by providing notifications and reminders to • QRIS and/or NFC-based payments in the OCTO
customers prior to payment due dates. This approach app
aims to enhance customer awareness and payment 1. Launching the QRIS Tap feature in the OCTO app
discipline, while minimizing the potential for early- in line with Bank Indonesia’s payment blue map.
stage delinquencies. In addition, Consumer Banking This feature supports fast payments, especially in
offers regular loan restructuring programs for eligible public transportation facilities, simply by tapping
customers, particularly those who continue to have your phone.
income sources but are experiencing temporary 2. Launching NFC Tap & Pay, which will also
repayment difficulties, thereby enabling them to sustain facilitate contactless payments at home and
their credit obligations without incurring excessive abroad.
financial strain. • QRIS Crossborder Japan: Simplifying QRIS-enabled
payment transactions in Japan.
On the collections side, Consumer Banking leverages • Hajj Registration via the OCTO App: Making it easier
various technology-based collection tools to enhance the for customers to plan their Hajj pilgrimage digitally.
effectiveness and reach of its recovery processes. The • Call the Contact Center without mobile charges
use of Mobile Collection, reminder notifications via SMS, The OCTO App lets customers can contact the CIMB
two-way WhatsApp, voice blasts, and AI Robot Collection Niaga Contact Center at 14041 and the Preferred &
enables the Bank to engage customers in a faster, more Private Assistance service at 1500800 free of charge.
consistent, and more personalized manner. This strategy Just choose to use a data package or WhatsApp Call.
not only improves collection success rates, but also • Redeem Poin Xtra to Miles: Expand your loyalty
supports operational efficiency and enhances the overall program benefits by converting Poin Xtra to travel
customer experience. miles (including GarudaMiles, Krisflyer, and AirAsia
Rewards).
Furthermore, to accelerate the resolution of non- • Insurance product and service details: Let
performing loans, Consumer Banking accelerated the customers view policy details for Sun Life insurance
collateral auction process by publishing assets to be purchased through CIMB Niaga. Customers can also
auctioned through the PT Bank CIMB Niaga Tbk Auction enjoy Sun Life’s services, from fund disbursement
Website. This initiative aims to enhance transparency, and switching to insurance claim submission.
broaden access for prospective buyers, and accelerate • Registration, Buy/Sell, and Print Gold: The features
asset value recovery. Through a combination of for registering, buying, and selling gold are now
early prevention strategies, selective restructuring, available on the OCTO app and website. We have also
optimization of technology-based collection tools, added a dedicated gold printing facility on the OCTO
and accelerated asset resolution, the Bank continues website.
to gradually reduce the consumer NPL ratio while
maintaining a healthy and sustainable loan portfolio. The above series of innovations has further strengthened
our position as a bank that adapts to technological
DIGITAL-BASED INNOVATION AND developments and customer needs for simpler, better,
APPLICATION OF ARTIFICIAL INTELLIGENCE and faster digital banking solutions.
AND DATA ANALYTICS
Throughout 2025, CIMB Niaga strengthened its Furthermore, CIMB Niaga has strengthened its strategy
commitment to delivering innovative digital solutions to for acquiring high-quality new customers by optimally
provide customers with a more convenient, secure, and leveraging its OCTO digital channel, including its app and
integrated banking experience. website. This initiative not only simplifies the account-
opening process but also introduces comprehensive
One of the most significant strategic initiatives was the transaction services. Through this approach, new
OCTO rebranding process, whereby the previously customers are encouraged to actively explore the
separate mobile banking and internet banking Bank’s digital banking ecosystem, both to meet their
platforms—OCTO Mobile and OCTO Clicks—were daily transaction needs—including setting daily debit
integrated into a unified digital ecosystem known as card transaction limits—and to manage and grow
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their investments, thereby creating more sustainable transactions, strengthened security, and a higher-quality
customer relationships from the outset. user experience, to ensure reliable, adaptive banking
services in the digital era.
To meet their investment needs, through OCTO,
customers can easily check their risk profiles, register MERCHANT BUSINESS
for SIDs covering mutual funds, government bonds, and In 2025, the Bank’s primary development focus
corporate bonds, and purchase investment products was on increasing Third-Party Funds (TPF). To
that align with their risk profiles. support this objective, CIMB Niaga optimized the
acceptance of payment transactions, both through
We also use data analytics to support the bank’s strategy, cards and applications, encouraged the growth of
including targeting the right customers with appropriate digital transactions, and placed enhanced customer
product offerings, cross-selling to increase product satisfaction—particularly among Merchant Partners—as
holdings, and deepening customer engagement, making a top priority in service development.
CIMB Niaga savings accounts their primary savings
account. In line with the growing volume of cashless transactions,
CIMB Niaga will continuously expand the number of
AI has also been used in some of our banking activities, merchants accepting non-cash payments through both
including producing communication materials in the QRIS and Debit GPN transactions. The QRIS acceptance
form of key visuals, data mining, and other tools. Digital/ strategy is implemented through the use of EDC
AI/data analytics has been applied across all consumer machines, QR stickers, the OCTO Merchant application,
product lines, including business, credit cards, and and SNAP API integration.
personal financing. Among the features of digital/AI/data
analytics are tailoring marketing programs to customer The growth of CIMB Niaga’s QRIS Merchants in 2025
segments and eligibility criteria, as well as offering reached 688 thousand and continues to increase
programs to increase customer utilization. annually. To further boost QRIS transactions, CIMB Niaga
aligned with Bank Indonesia’s roadmap, including the
AI uses machine learning to optimize sales of investment implementation of QRIS Tap payments, officially launched
products through more personalized, targeted on 11 March 2025. The ease in payment using QRIS Tap
offerings, such as bonds, mutual funds, Market-Linked is payment processing using QRIS without scanning (QRIS
Deposits (MLD), and bancassurance. This helps increase Tap), similar to contactless transaction mechanisms.
transactions across OCTO’s digital channels (app and
website), such as bill payments and e-wallet/electricity In addition, CIMB Niaga plans to develop features that
top-ups, as well as non-digital channels like credit and provide OCTO Merchant application users with easier
debit cards, by providing offers tailored to customer access to consumer financing. Applications can be
needs and preferences. Furthermore, generative AI- submitted independently through the OCTO Merchant
based AI is also used to assist Relationship Managers app, with credit assessments partly based on the
(RMs) and contact center agents in accelerating decision- merchant’s transaction data via QRIS OCTO Merchant.
making, improving interaction quality, and providing
consistent, relevant responses to enhance the customer From the Merchant Business perspective, one of the
experience. challenges faced is the relatively limited understanding
among some customers regarding digital payment
In addition, CIMB Niaga is also improving the speed of systems. To address this, the Bank continuously conducts
customer issue resolution through the implementation of education and assistance programs for Merchants to
an AI Chatbot. This Artificial Intelligence-based technology enhance understanding, adoption, and optimal utilization
enables the Bank to quickly and accurately respond to of digital payment solutions.
simple questions, especially for customers who make
inquiries through the OCTO app, thereby reducing wait All development initiatives are carried out while
times and optimizing the service experience. maintaining strict adherence to the Bank’s internal
policies, including product development policies,
All of these initiatives are supported by the ongoing acquisition procedures, service level agreements (SLAs),
development of Digital Banking. OCTO continuously as well as credit and operational risk management, in line
enhances its digital features with relevant, need-based with the Bank’s ongoing digital transformation agenda.
offerings for customers, with a laser focus on ease of
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BRANCH NETWORK AND DEVELOPMENT OF Work from Heart ethos, which is to provide sincere,
BRANCHLESS BANKING empathetic, and customer-oriented service. CIMB Niaga
CIMB Niaga continuously optimizes its branch network by also continues to innovate and listens to customer voices
considering the adequacy and effectiveness of its existing through various channels, including the implementation
distribution footprint. In line with evolving customer of the Consumer Banking Net Promoter Score (NPS)
behavior, the Bank also encourages the migration of survey. This step is part of CIMB Niaga’s commitment to
banking transaction activities to electronic distribution realizing the Company’s purpose of Advancing Customers
channels (digital banking) to enhance service efficiency and Society by understanding customer perceptions
and customer convenience. As of year-end 2025, CIMB and continuously improving service quality. CIMB Niaga
Niaga operated 394 network points and branch offices Consumer Banking last conducted an NPS survey in
across Indonesia (including Sharia branches, Digital 2204, earning a score of 50%, demonstrating consistent
Lounges, Mobile Cash units, and Kiosks), supported by year-over-year improvement. It is a notable achievement
1,865 ATM units and 921 CRM and MDM units. that confirms positive impacts the various process and
service improvements have had on customer experience.
CIMB Niaga also continues to develop the Branchless
Banking service model, leveraging digital technology to Year NPS Score
enable more practical and efficient banking transactions,
2021 28%
including within the Consumer Banking business.
2022 36%
Branchless Banking services that provide convenience
2023 46%
to customers include OCTO digital channels (app and
website), Phone Banking 14041, Preferred Phone 2024 50%
Banking, OCTOPay, and ATM services.
The NPS score of CIMB Niaga Preferred showed a
As part of its service innovation, CIMB Niaga continues to consistently increasing trend and maintain the quality
expand its Digital Lounge concept, integrating the latest of services provided to customers, with the detailed
technology to deliver a fast, simple, and comfortable information as follows:
retail banking experience. The Digital Lounge service Year NPS Score
reflects CIMB Niaga’s strong support for its digital
2021 34%
development strategy within the Consumer Banking
segment, managed with the support of Digital Banking 2022 34%
Managers who play an active role in providing banking 2023 55%
solutions to individual customers. As of the end of 2025,
2024 59%
CIMB Niaga operated 31 Digital Lounges in various
strategic locations.
CIMB Niaga always follows up customer feedback as part
QUALITY OF SERVICE AND MANAGEMENT OF of its Work from Heart commitment to providing better
CUSTOMER COMPLAINTS service. Throughout 2025, 99% of customer complaints
In an effort to improve service quality, Consumer Banking were timely resolved, reflecting a focus on fast and
holds a continuous series of Customer Experience accurate resolution.
training for all employees. This program aligns with the
(dalam juta Rupiah)
Growth (%)
Consumer Banking Loans 2025 2024 2023
2024–2025 2023–2024
Mortgage 41,972 41,828 42,739 0.35 (2.13)
Auto Loans 18,876 17,144 13,605 10.10 26.01
Personal Loans 6,520 5,694 4,762 14.50 19.57
Credit Card 9,889 9,825 9,213 0.66 6.64
Multipurpose Loans and Others 1,081 1,264 1,526 (14.47) (17.23)
Total 78,338 75,754 71,846 3.41 5.44
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2025 PERFORMANCE Customer Deposits
(in trillion Rupiah)
CONSUMER BANKING LOANS 116.8 116.9 120,0
In 2025, Consumer Banking recorded consolidated loan
disbursements of Rp78.3 trillion, compared to Rp75.8
trillion in 2024.
Based on financing type, auto loans in 2025 amounted
to Rp18.9 trillion, compared to Rp17.1 trillion in 2024,
representing 10.10% growth year-on-year. Meanwhile,
the Mortgage Loans (KPR) business in 2025 reached
Rp42.0 trillion, compared to Rp41.8 trillion in 2024.
2023 2024 2025
On the other hand, the credit card and unsecured loan
(KTA)/Personal Loan portfolios in 2025 stood at Rp9.9 CONSUMER BANKING REVENUE
trillion and Rp6.5 trillion, respectively. Compared to 2024 In 2025, the Consumer Banking segment recorded net
performance, these segments recorded growth of 0.66% interest income of Rp5.8 trillion, compared to Rp6.1
and 14.50%, respectively, in line with a selective growth trillion in 2024. Meanwhile, Consumer Banking profit
strategy and sustained risk management practices. before tax in 2025 amounted to Rp4.8 trillion, compared
to Rp5.5 trillion in 2024.
Total Consumer Banking Loans
(in trillion Rupiah) Profit Before Tax
71.8 75.8 78.3 (in trillion Rupiah)
4.9 5.5 4.8
2023 2024 2025
2023 2024 2025
CUSTOMER DEPOSITS
In 2025, total customer deposits in the Consumer Banking PLANS, STRATEGY, AND FOCUS IN 2026
segment amounted to Rp120.0 trillion, compared to Entering 2026, CIMB Niaga will continue to implement
Rp116.9 trillion in 2024.The increase in deposits was a strategy that is customer-centric rather than product-
supported by current account (Giro) products, which centric. This approach places customer needs and
recorded Rp1.07 trillion in 2025 compared to Rp1.11 segment characteristics as the primary foundation
trillion in 2024, as well as savings products, which in designing products, benefits, services, and
reached Rp78.7 trillion compared to Rp74.2 trillion in communication strategies. All business initiatives are
the previous year. In line with this performance, the directed toward delivering value propositions that are
Consumer Banking CASA ratio in 2025 reached 66.45%, more relevant, personalized, and sustainable for each
compared to 64.43% in 2024, reflecting a well-maintained segment, in line with evolving customer preferences and
and efficient funding structure. developments in the banking industry.
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To support this strategy, CIMB Niaga will strengthen Finally, in terms of service and distribution, CIMB Niaga
its digital foundation and data-driven approach by will enhance customer experience quality and optimize
optimizing digital platforms for customer acquisition and sales through digital channel utilization, including OCTO
engagement, as well as leveraging analytics to enhance Connect and OCTO Friends as referral channels to
offer personalization and customer engagement. From a expand reach and improve the effectiveness of mortgage
business growth perspective, the focus will be directed distribution.
toward strengthening third-party funds and assets under
management through increasing CASA, developing STRENGTHENING KPM FINANCING THROUGH A
premium savings products, and providing integrated JOINT FINANCING SCHEME
investment solutions. Enhancing wealth management In the KPM financing segment, CIMB Niaga will implement
capabilities will also remain a priority, particularly within a selective and quality-oriented growth strategy to
the affluent and emerging affluent segments, to support maintain a healthy and sustainable portfolio performance.
long-term value growth. A cherry-picking approach to portfolio selection will
continue to be reinforced through consistent monitoring,
Furthermore, CIMB Niaga is committed to elevating with debtor characterization based on historical loan
the premium customer experience by strengthening performance serving as the primary basis for financing
its private wealth program with regional benefits, decisions.
lifestyle-based services, and priority services supported
by concierge concepts and exclusive access. On the In line with this strategy, CIMB Niaga will also expand new
financing side, consumer loan expansion will be partnership opportunities with multifinance companies
conducted selectively through the optimization of whose risk profiles are aligned with the Bank’s risk appetite,
payroll-based lending and wealth credit lines, as well thereby supporting financing growth with prudent risk
as property and automotive loan offerings with faster management. In addition, CIMB Niaga will increase the
processes and competitive rates. To complement this proportion of electric vehicle financing through the
strategy, CIMB Niaga will reinforce regional integration development of dedicated programs and strengthened
and cross-border banking services by leveraging ASEAN strategic collaboration with multifinance companies, as
network synergies, enabling affluent customers to enjoy part of the Bank’s commitment to supporting sustainable
seamless cross-country products and benefits, while financing initiatives and the transition toward a more
further strengthening CIMB Niaga’s position as a regional environmentally friendly economy.
bank oriented toward customer needs.
CREDIT CARD AND SHARIA CARD PRODUCTS
MORTGAGE LOANS (KPR) In line with the planned spin-off of the Sharia Business
CIMB Niaga will continue to maximize loan disbursement, Unit, CIMB Niaga will transfer the Sharia Card portfolio to
particularly in Home Ownership Loans (KPR), with its subsidiary, PT CIMB Niaga Syariah, with the effective
projected portfolio growth in the range of 8–9%. This date targeted for May 2026. This move forms part of
effort will be carried out prudently, with continued the strategy to strengthen business focus and align the
emphasis on asset quality and sustainable long-term corporate structure, while ensuring the continuity of
growth. Sharia Card services in a manner more fully integrated
with the future development of Islamic banking.
To support this target in 2026, CIMB Niaga has established
several key strategic priorities. First, increasing To support sustainable growth in its card business, CIMB
penetration among existing customers through cross- Niaga will continue to develop products and facilities
selling and bundling strategies with other banking based on a customer-centric approach, tailoring value
products, supported by data utilization and personalized propositions to specific customer segments. This
offers to deliver more relevant propositions. includes the development of dedicated credit cards for
Preferred and Private Banking customers, as well as
Second, strengthening strategic partnerships with subscription-based facilities that can be utilized across
selected developers and property agents, including various product activities. CIMB Niaga also remains
local champions, as primary channels for mortgage committed to maintaining the competitiveness of its
distribution through joint marketing campaigns and Credit Card and Sharia Card products by strengthening
collaborative programs with partners. merchant partnerships in both basic needs and lifestyle
segments, as well as expanding exclusive collaborations
Third, CIMB Niaga will continue to offer competitive with strategic partners in the development and marketing
mortgage products, features, and programs with attractive of co-brand credit cards to support new customer base
interest rate schemes, including the continuation of the growth.
XTRA Manfaat program, which provides customers with
flexibility through interest payment relief or accelerated Furthermore, the focus on customer acquisition will
loan tenor options. be reinforced through active participation in various
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flagship events such as Travel Fairs and XTRA Xpo, To expand use cases and deliver added value to
supported by card benefits aligned with customers’ merchants, CIMB Niaga will continue pursuing partnership
travel, daily transaction, and lifestyle needs. CIMB opportunities with strategic partners in the development
Niaga will also optimize its loyalty program through the of QRIS SNAP API, including implementation in self-
enhancement and value expansion of Poin Xtra, while service kiosks and vending machines. The Bank will also
continuing to strengthen the digital capabilities of its continue optimizing its cross-selling strategy by offering
Credit Card and Sharia Card products. These initiatives credit card and personal loan products to merchants
include digital card applications, tokenization, NFC-based with strong business potential and appropriate risk
contactless transactions, API onboarding, API-based profiles. All of these initiatives will be executed while
card management, and other features integrated within continuing to strengthen the Bank’s policies on product
the OCTO ecosystem via both application and website governance, compliance, merchant acquisition, service
platforms. level agreement (SLA) fulfillment, credit and operational
risk management, as well as its ongoing digital
In support of government policy, CIMB Niaga is also transformation agenda throughout 2026.
participating in the development of the Indonesia Credit
Card (Kartu Kredit Indonesia) for the retail segment, PERSONAL FINANCING PRODUCTS
including the implementation of QRIS with credit as a In line with the planned spin-off of the Sharia Business
funding source. On the card infrastructure side, the Bank Unit, CIMB Niaga will transfer its Sharia Personal Financing
has appointed Mastercard as the selected principal for portfolio to its subsidiary, PT CIMB Niaga Syariah. This
its Credit Card and Sharia Card products. In line with step forms part of strengthening business focus and
this policy, all cards bearing the VISA and JCB logos organizational structure, while ensuring more integrated
that remain in circulation will be gradually migrated to and sustainable management of Islamic financing going
Mastercard-branded cards, with completion targeted no forward.
later than 31 December 2026. The migration process will
continue throughout 2026 to ensure a smooth transition To support the development of conventional Personal
for all cardholders. Financing, CIMB Niaga will continue and expand access
to the Xtra Dana product application through the OCTO
MERCHANT PRODUCTS application and website, enabling broader accessibility
In 2026, CIMB Niaga will continue to strengthen the for all customers. In addition, CIMB Niaga will further
development of its merchant products as part of its strategy develop partnerships with financial technology service
to drive non-cash transaction growth and reinforce the providers through an indirect channel acquisition model,
digital payment ecosystem. This development aligns with including fintech lending (online lending providers) and
the roadmap of Bank Indonesia, including the expansion multifinance companies, as alternative channels to
of QRIS capabilities through the implementation of QRIS broaden reach and enhance the effectiveness of personal
Tap In Tap Out and the development of QRIS Cross- loan customer acquisition.
Border connectivity to Japan, China, and South Korea,
following earlier implementations in Thailand, Malaysia, Furthermore, CIMB Niaga will continue developing OCTO
and Singapore. This initiative is expected to enhance Loan as a standby loan facility that provides customers
cross-border transaction convenience and broaden with flexibility to utilize funds at any time according to
digital payment acceptance among merchants. their needs. The utilization of this facility will be further
expanded through digital banking services, including
Furthermore, CIMB Niaga will continue enhancing to support QRIS-based transactions via the OCTO
its OCTO Merchant application to expand payment application and website. At the same time, CIMB Niaga
acceptance functionalities—not only through QRIS will explore strategic partnership opportunities for the
Merchant Presented Mode (MPM), but also including QRIS development and marketing of unsecured loan (Kredit
cash withdrawal, cash deposit, and QRIS Tap services. On Tanpa Agunan) products, in order to drive high-quality
other payment channels, CIMB Niaga will develop Debit retail financing growth that is relevant and aligned with
GPN acceptance for online and e-commerce transactions customer needs.
to support merchants in managing digital transactions
more comprehensively.
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Supporting Business Management
Corporate CompanyCorporate Social ManagementOther RiskFinancial
Highlights
Report Report Governance ProfileResponsibilities DiscussionCorporate
& Analysis
Data Management
Statement
SHARIA BANKING
Despite the challenges of a global economic slowdown, In addition, CIMB Niaga Syariah is supported by an
CIMB Niaga’s Sharia Business Unit (SBU) demonstrated extensive office network, comprising Sharia branch
solid and sustainable performance. This was reflected offices as well as Sharia service outlets across all
in the SBU’s position within the Sharia banking industry, conventional branch offices. This extensive network
where throughout 2025 CIMB Niaga SBU successfully enables CIMB Niaga Syariah to reach as many customers
maintained its top-three ranking in terms of assets, as possible in a professional manner, while consistently
financing, Third Party Funds (TPF), and Profit Before delivering high standards of service.
Tax (PBT). In order to sustain its competitive advantage
amid intensifying industry competition, CIMB Niaga STRATEGY AND POLICIES
SBU consistently delivers innovations to strengthen its Despite improvements and greater stability in
position as a universal and comprehensive provider of Indonesia’s economy following the leadership transition
Sharia banking services. after the General and Regional Elections, CIMB Niaga’s
SBU continues to apply prudent financing principles
CIMB Niaga’s SBU is one of the largest Sharia business in the face of ongoing global uncertainty and domestic
units in Indonesia, with among the highest asset, funding, economic growth dynamics. The acquisition of new
and financing values, and consistently ranks within the customers is undertaken with due diligence to ensure a
top three in the Indonesian Sharia banking industry, sound track record and demonstrated growth potential.
which offers the most comprehensive range of Sharia Meanwhile, a number of product initiatives and projects
products and services. Several of its flagship products remain subject to approval and are currently under
serve as pioneers in the Sharia banking industry. discussion with the Financial Services Authority (OJK) and
Supported by CIMB Niaga’s infrastructure as a leading other relevant institutions.
and comprehensive digital banking service provider,
CIMB Niaga SBU is able to reach and serve all customer Throughout 2025, Bank Indonesia reduced its benchmark
segments and a broader market compared with its peers interest rate five times, each by 25 basis points, bringing
in the Sharia banking industry. the total reduction to 125 basis points, and maintained
the rate at 4.75% as of December 2025. This easing had
a positive impact on the banking industry, particularly in
supporting the collection of third-party funds.
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Nevertheless, the decline in banking interest rates has CIMB Niaga SBU continues to optimize the implementation
proceeded at a slower pace than the reduction in the BI of the Dual Banking Leverage Model (DBLM) as part of
Rate. This condition has led the Sharia banking industry its business performance strategy, using measurable
to offer competitive profit-sharing returns, which may Key Performance Indicators (KPIs) across relevant
potentially increase the cost of funds in efforts to retain business and support units, while adhering to Sharia
customer deposits. principles in accordance with prevailing regulations. The
implementation of this business model is supported by
In facing economic challenges throughout 2025, Sharia the finalization of role-sharing agreements between the
banking in Indonesia continued to demonstrate a SBU and all related units, as well as close collaboration
positive trend. This was reflected in sustained growth in with bankwide teams in carrying out Sharia product
assets, financing disbursed, and third-party funds, with referral initiatives within sustainable business activities
total assets reaching Rp1,067.7 trillion as of December and practices. Through this approach, CIMB Niaga SBU
2025, representing year-on-year growth of 8.92%. ensures consistent and equivalent service quality for all
customers.
Growth was also recorded in Third-Party Funds (TPF),
which reached Rp893.0 trillion as of December 2025, UTILIZATION OF ARTIFICIAL INTELLIGENCE
representing year-on-year growth of 10.14%. This TECHNOLOGY
growth is in line with increasing public awareness of, and The development of Artificial Intelligence (AI) technology
demand for, products and services that adhere to Sharia in Indonesia has made significant progress and holds
principles. In addition, Sharia products and services offer strategic potential to drive transformation across various
distinct added value to the community, particularly in sectors, including the banking industry. The use of AI
sustainable products, and are characterized by unique improves operational efficiency while improving the
Sharia features that deliver benefits not only in financial customer experience by providing more responsive and
terms but also in terms of fairness. needs-based digital banking services. AI helps the Bank
gain deeper and more accurate insights into customer
Overall, CIMB Niaga’s SBU recorded positive growth in behavior and preferences by providing comprehensive
both funding and financing, while maintaining financing data analytics capabilities.
quality at a level better than the average of the Sharia
banking industry. On the funding side, the strategy CIMB Niaga and CIMB Niaga’s SBU have leveraged AI in
is directed toward increasing low-cost funds through internet banking services, including through chatbots
the expansion of community networks, strategic that provide customers with information on banking
partnerships, and the strengthening of the customer products. In addition, the implementation of biometric-
base to secure more stable long-term funds. Liquidity based authentication systems as a substitute for PINs
is also continuously maintained through the growth of and passwords further strengthens transaction security,
institutional, corporate, and retail deposits, supported by given that biometric characteristics are unique and more
conservative profit-sharing schemes and longer tenors. difficult to misuse.
The strategic initiatives undertaken by CIMB Niaga SBU Internally, AI is also utilized in learning and training
include strengthening a stable low-cost funding structure, modules through Virtual Reality (VR) Learning. VR
improving operational cost efficiency, maintaining asset technology delivers interactive simulations that enable
quality, and differentiating products and services through participants to experience roles and situations similar
digital-based offerings. On the financing side, CIMB Niaga to real-world conditions within a virtual environment,
SBU remains focused on businesses with low-risk profiles thereby making the learning process more effective and
and strong resilience to macroeconomic pressures and engaging.
global uncertainty.
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2025 PERFORMANCE
(in billion Rupiah)
Growth (%)
CIMB Niaga’s SBU Performance 2025 2024 2023
2024–2025 2023–2024
Assets 70,224 67,503 62,747 4.03 7.58
Financing Disbursement 55,719 60,289 55,241 (7.58) 9.14
- Corporation 15,515 16,036 15,032 (3.25) 6.68
- Commercial 7,933 7,687 6,287 3.20 22.28
- EBB 4,491 4,987 4,313 (9.94) 15.63
- Consumer 27,779 31,579 29,610 (12.03) 6.65
Customer Deposits 50,312 54,680 44,916 (7.99) 21.74
Profit Before Tax 1,766 2,123 1,915 (16.83) 10.88
Non-Performing Financing (NPF) gross 2.20% 1.66% 1.09% 0.54 0.57
NPF Net 1.04% 0.82% 0.48% 0.22 0.34
ROA 2.73% 3.24% 3.03% (0.51) 0.21
FDR 109.79% 109.64% 122.44% 0.15 (12.80)
ASSET GROWTH functions (middle-end and back-end), enabling us to run
As of December 2025, total assets of CIMB Niaga’s SBU a more e effective and more integrated Sharia financing
amounted to Rp70.2 trillion, with financing disbursement bookkeeping process.
reaching Rp55.7 trillion. This represented a decline of
7.58% compared with the previous year’s level of Rp60.3 All of these processes are carried out under the oversight
trillion, in line with strategic measures undertaken to of the Sharia Advisory Group, the Risk Control Unit
maintain portfolio quality. (RCU), and the Sharia Supervisory Board (SSB) to ensure
compliance with prevailing Sharia principles, particularly
FINANCING DISBURSEMENT in serving the financing needs of productive customers in
By the end of 2025, CIMB Niaga SBU recorded a decrease the corporate and commercial segments, which involve
in financing disbursement of 7.58% to Rp55.7 trillion, higher transaction complexity.
compared with Rp60.3 trillion in the prior year. This
moderation in growth was primarily driven by a lower FUND COLLECTION
contribution from the Consumer Banking segment. In 2025, total customer deposits of CIMB Niaga’s SBU
reached Rp50.3 trillion, lower than the Rp54.7 trillion
The largest financing portfolio remained in the Consumer recorded in 2024, with CIMB Niaga SBU contributing
Banking segment, amounting to Rp27.8 trillion. 18.60% to CIMB Niaga’s total customer deposits.
Adjustments in financing were mainly observed in the
consumer segment, particularly in mortgages, which In 2025, Current Account balances amounted to Rp15.7
declined by Rp2.6 trillion on a year-on-year basis. trillion, reflecting an adjustment from the Rp16.7 trillion
position in 2024, following strong growth of Rp5.4 trillion,
In addition, the Emerging Business Banking (EBB) segment or 47.20%, in 2024. Savings Accounts totaled Rp15.1
recorded a decrease in financing of Rp0.5 trillion, or 9.94%, trillion, while Time Deposits reached Rp19.5 trillion. In
followed by the Corporate Banking segment, which declined line with these developments, the CASA ratio in 2025
by Rp0.5 trillion, or 3.25%. Meanwhile, the Commercial stood at 61.17%, an increase from the 2024 CASA ratio
Banking segment posted financing growth of Rp0.2 trillion, of 59.06%.
or 3.20%, reaching Rp7.9 trillion by the end of 2025.
CIMB Niaga SBU remains committed to maintaining
Overall, the financing portfolio achievement was strong performance in terms of assets, financing, and
supported by optimizing the business unit’s leverage Third-Party Funds (TPF), while continuing to prioritize
concept through collaboration with the bankwide portfolio quality. In addition, CIMB Niaga SBU consistently
team on “Sharia product referrals” within the bank’s promotes sustainable growth in TPF to balance financing
sustainable business activities and practices, while expansion, thereby creating a sound equilibrium that
maintaining the same level of service to all customers. supports business sustainability and delivers optimal
The implementation of the leveraging principle was not growth in profit before tax (PBT).
confined to sales but extended to business support
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NON-PERFORMING FINANCING 12.39%, as well as an increase in operating expenses of
As of December 2025, CIMB Niaga’s SBU recorded a gross Rp118.2 billion, or 53.15%, in 2025 compared with 2024.
Non-Performing Financing (NPF) ratio of 2.20%. This NPF
ratio remained relatively conservative compared with REALIZATION AND PROFIT-SHARING
those of other competitors in the Sharia banking industry. CALCULATION METHOD
In order to uphold the principles of transparency and
To address non-performing financing, CIMB Niaga SBU measurability, CIMB Niaga SBU applies calculation
has established adequate provisions to cover potential formulas and profit-sharing policies that refer to Sharia
losses, while maintaining a Loan Loss Coverage ratio Financial Accounting Standards, particularly PSAK 100
above 100%. Portfolio concentration in 2025 remained through PSAK 106. The application of these standards
stable and at a manageable level. ensures that the mechanisms for calculating and
distributing profit-sharing are implemented consistently,
CIMB Niaga SBU continues to enhance collaboration with accountably, and in accordance with prevailing Sharia
the Loan Work Out (LWO) team to preserve the quality principles.
of earning assets, and undertakes selective restructuring
for debtors that continue to demonstrate sound business The distribution of profit-sharing to Third-Party Funds
prospects. customers is carried out in accordance with Sharia
principles, based on the profit-sharing ratio agreed upon
SHARIA BANKING PROFIT BEFORE TAX at the time of the fund placement contract. Each month,
In 2025, CIMB Niaga’s SBU recorded profit before tax of CIMB Niaga’s SBU issues a circular letter detailing the
Rp1.8 trillion. On a year-on-year basis, profit before tax level of business unit income in percentage terms, which
declined by Rp357.4 billion, or 16.83%, compared with subsequently serves as the basis for determining the
Rp2.1 trillion in 2024. The slowdown in growth was driven amount of profit-sharing to be distributed to customers.
by a decrease in net margin income of Rp269.6 billion, or The circular letter also includes information on the
applicable profit-sharing ratio for the following month.
In 2025, the realization of Gross Yield Distribution (GYD) of CIMB Niaga SBU was as follows:
GYD January Februay March April May June July August September October November December
Rp 7.47% 7.47% 7.47% 7.47% 7.47% 7.47% 7.47% 7.47% 7.47% 7.47% 7.47% 7.47%
USD 4.80% 4.80% 5.19% 4.90% 4.91% 4.91% 4.91% 4.91% 4.91% 4.91% 4.90% 4.91%
COLLECTION AND DISTRIBUTION OF ZAKAT, INFAQ, AND SADAQAH (ZIS)
As part of a Sharia banking institution, in addition to performing its business functions, CIMB Niaga SBU also carries out
a social function as a manifestation of its commitment to inclusive and sustainable Sharia finance principles. In fulfilling
this role, the Bank conducts the collection and distribution of Zakat, Infaq, and Sadaqah (ZIS) funds, which are managed
in accordance with prevailing Sharia provisions and governance standards.
In 2025, ZIS funds received by CIMB Niaga SBU up to December 2025 amounted to Rp545 million, representing a year-
on-year (YoY) increase of 10.77%. These ZIS funds totaling Rp966 million were distributed to amil zakat institutions
that have been registered and verified by CIMB Niaga SBU, as part of the Bank’s efforts to support sustainable social
programs and community empowerment.
CIMB Niaga UUS also serves as a Sharia Financial Institution Receiver of Cash Waqf (LKS PWU), partnering with 20 waqf
institutions (nazhir). In this capacity, CIMB Niaga SBU is mandated to receive cash waqf from the public through various
products and channels for the collection of Cash Waqf and waqf through cash. Cash Waqf funds received are directly
credited to the waqf institutions’ accounts at CIMB Niaga Syariah. As of December 2025, the value of cash waqf received
and directly utilized by waqf institutions declined by 18.62% YoY to Rp33.6 billion, from Rp41.3 billion in the previous
year.
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TABLE OF SOURCES AND DISTRIBUTION OF ZAKAT AND WAQF FUNDS
(in million Rupiah)
Description 31 December 2025 31 December 2024
A. Sources and Distribution of Zakat Funds
Receipt of zakat funds originating from:
a. SBU Internal - -
b. SBU External 545 492
Total Receipts 545 492
Distribution of zakat funds to zakat management entities
a. Amil Zakat Institution (LAZ) 966 217
b. Amil Zakat Agency (BAZ) - 100
Total Distribution 966 317
B. Sources and Distribution of Waqf Funds
Receipt of waqf funds originating from:
a. SBU Internal - -
b. SBU External 33,597 41,285
Total Receipts 33,597 41,285
Distribution of Waqf Funds to Waqf Management Entities:
a. Indonesian Waqf Board - -
b. Republika Dhuafa Wallet 28,539 31,997
d. Indonesian Waqf House Bandung (RW) 526 3,454
e. Others 4,532 5,834
Total Distribution 33,597 41,285
SOURCES AND USES OF BENEVOLENCE FUNDS Niaga SBU’s commitment to supporting sustainable
CIMB Niaga’s SBU facilitates the payment of ZIS, as community welfare.
well as Waqf through the management of Benevolence
Funds, which are primarily derived from penalties In 2025, receipts of Benevolence Funds by CIMB Niaga
imposed on financing customers. The calculation of SBU amounted to Rp12.5 billion, compared with Rp8.8
financing penalties is conducted based on mechanisms billion in the previous year. These Benevolence Funds
embedded within the Bank’s core banking system. These were distributed through Social/Donation Funds
Benevolence Funds are classified into three categories, amounting to Rp10.5 billion, as well as other uses for
namely Productive Benevolence Funds, Social/Donation public interest totaling Rp0.4 billion. Total disbursement
Funds, and other uses for public interest, all of which are of Benevolence Funds throughout 2025 amounted to
managed in accordance with Sharia principles. Rp11.0 billion.
The distribution of Social Funds is carried out with The opening balance of Benevolence Funds at the
reference to the Benevolence Funds SOP that has been beginning of 2025 stood at Rp32.0 billion, while the closing
approved by the Sharia Supervisory Board (SSB). Social balance at the end of 2025 amounted to Rp33.5 billion,
Funds are channeled into five main sectors, comprising after taking into account all receipts and disbursements
community economic development, education, health, of Benevolence Funds during the year.
infrastructure, and other social activities, as part of CIMB
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TABLE OF SOURCES AND DISTRIBUTION OF BENEVOLENCE FUNDS
(in million Rupiah)
Description 31 December 2025 31 December 2024
Beginning balance of Benevolence Funds 31,998 30,807
Receipt of Benevolence Funds
a. Infaq and Alms - -
b. Productive Benevolence Refund 23 23
c. Fine 11,461 8,760
d. Non-halal receipts - -
e. Others 1,000 -
Total Receipts 12,484 8,783
Distributions of Benevolent Funds
a. Productive Benevolence Fund - 25
b. Donation 10,533 7,247
c. Other Uses for Public Benefits 424 320
Total Distributions 10,958 7,592
Increase/(Decrease) of Benevolence Funds 1,526 1,191
Ending balance of Benevolence Fund 33,525 31,998
COMPLIANCE AND IMPLEMENTATION OF THE deliberations, in the form of recommendations and
SHARIA GOVERNANCE FRAMEWORK findings, are submitted to the SSB as a basis for decision-
In order to enhance the quality of activities of the Sharia making and follow-up actions to ensure that all CIMB
Business Unit (SBU), the Bank consistently ensures that all Niaga Syariah business activities remain consistently
business activities, products, and services are conducted in aligned with prevailing Sharia principles.
accordance with prevailing Sharia principles. CIMB Niaga SBU
consistently exercises oversight over the implementation of Oversight of Sharia compliance is also carried out by
and compliance with Sharia principles across all work units SKAI through audit mechanisms. Audits are conducted
through the role of the Sharia Supervisory Board (SSB) as periodically in accordance with SKAI’s audit plan, and the
the highest authority in Sharia oversight. resulting findings and recommendations serve as one
of the means to further enhance the quality of Sharia
In carrying out its operational activities, the Bank compliance.
implements Sharia governance in accordance with the
provisions of Financial Services Authority Regulation BRANCH NETWORK AND DISTRIBUTION
(POJK) No. 2 of 2024 on Sharia Governance for Sharia The implementation of the Dual Banking Leverage Model
Commercial Banks and Sharia Business Units. As part of (DBLM) has been in place and continues to be further
its efforts to ensure Sharia compliance, the SSB together optimized to support the achievement of the Company’s
with Bank management actively conducts Sharia business strategy. The DBLM is implemented through
compliance reviews of Sharia banking transactions at a dual budget management and the establishment of
number of Sharia Branch Offices (KCS), Office Channeling separate Key Performance Indicators (KPIs) for business
(OC) outlets, as well as relevant business and support units and relevant support units, enabling more focused
units within the Bank. and measurable performance management.
The SSB carries out active oversight of Sharia compliance, In its implementation, the DBLM consistently upholds
supported by the Sharia Advisory (SA) function and the compliance with prevailing Sharia principles. This model
Sharia Governance Review (SGR) function. In performing also enables the shared utilization of infrastructure,
its role, the SSB is assisted by an internal forum known information technology systems, digital banking
as the PSNC Forum (Potential Sharia Non-Compliance), platforms, and service networks, thereby driving
which comprises the SA Group, the SGR Group, and the operational efficiency while strengthening synergies
Heads of relevant units. between conventional and Sharia banking services.
The PSNC Forum serves to identify, evaluate, and discuss The execution of the business model is supported by role-
potential Sharia non-compliance that may arise from the sharing between the SBU and all units, in collaboration
Bank’s business activities. The outcomes of PSNC Forum with bankwide teams to continue implementing “Sharia
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product referrals” within sustainable banking activities
and business practices, while ensuring the delivery of
equivalent services to all customers.
In order to provide optimal services to customers, CIMB
Niaga’s SBU leverages various channels to deliver Sharia
Daru Mulyawan
banking services to the public, both through branches PT Telekomunikasi Selular
under the SBU (Sharia Branch Offices) and through the Director of Finance and
Risk Management
Parent Bank’s facilities that are also utilized by CIMB
Niaga SBU under the DBLM framework. As of the end of
2025, CIMB Niaga SBU operated a network comprising
24 Sharia Branch Offices (KCS), 5 Sharia Sub-Branch Telkomsel is Indonesia’s largest and leading mobile
Offices (KCPS), and 14 Sharia Functional Offices (KFS). telecommunications company, playing a strategic role in
In addition, CIMB Niaga SBU provides sales of Sharia strengthening national connectivity across the archipelago. Since
May 28, 2025, Telkomsel has established a new banking relationship
banking products through 316 Sharia Service outlets
with CIMB Niaga, a trusted financial partner recognized for its strong
(office channeling) across 28 provinces in Indonesia. reputation, professionalism, and proven capability in delivering
tailor made financing solutions for large and highly complex
AWARDS corporations such as Telkomsel.
CIMB Niaga’s SBU has received recognition from various
Through this partnership, Telkomsel has utilized the iB Musyarakah
credible independent institutions, both at the national and
Special Transaction Financing Facility as well as BIZ Channel digital
international levels, for its commitment to implementing services for transfer transactions and current account management.
sound governance principles, delivering competitive These solutions have significantly simplified our financial operations
Sharia financial product and service innovations, and and enhanced overall efficiency. Based on our experience, CIMB
continuously building stakeholder trust. Throughout Niaga’s digital products and services are highly reliable and well
aligned with corporate needs, particularly in supporting fast, secure,
2025, the awards received by CIMB Niaga SBU reflected
and fully integrated transaction processes.
the consistency of its performance, the quality of its
governance, and the reputation of CIMB Niaga Syariah as We deeply appreciate the quality of service provided by CIMB Niaga,
one of the key players in the Indonesian Sharia banking especially in delivering a seamless and fully Sharia compliant iB
industry. Musyarakah financing facility. The CIMB Niaga team consistently
demonstrates strong responsiveness and effective communication,
offering clear, easy to understand explanations at every stage of the
These recognitions also serve as encouragement for CIMB financing process while tailoring solutions to our specific business
Niaga SBU to further strengthen its role in supporting the requirements.
inclusive and sustainable growth of the national Sharia
economy. In 2025, CIMB Niaga SBU received the following Looking ahead, we are enthusiastic about CIMB Niaga’s continued
commitment to service excellence, the introduction of more
acknowledgements and awards for its achievements in
competitive financing solutions, and ongoing innovation in Sharia
the Sharia banking business: compliant banking products. We look forward to further
1) Indonesia GCG Conference & Award-IX-2025 (IGCGA- strengthening this partnership and creating sustainable, long term
IX-2025) – Economic Review; value for both institutions.
2) Islamic Financial News (IFN) Best Bank Polls 2024
Award, Category: Best Islamic Investment Bank in
Indonesia – Islamic Finance News (IFN); 7) Group Islamic Banking (GIB) Summit 2025 – CIMB
3) Most Trusted Financial Brands Award – Investor Trust Islamic;
- Info Vesta 8) BPR Syariah Award 2025 Category : Kemitraan dengan
Categories: UUS Bank - Karim Consulting;
• CIMB Niaga Syariah 9) Indonesia IT & Digital Operational Excellence Award
• CIMB Niaga Preferred Sharia 2025 – Economic Review;
• Tabungan iB Pahala Haji; 10) Top GRC Award 2025
4) Indonesia Product of the Year 2025, Category: The Category:
Best New Product Development in the Financial • The Most Committed GRC Leader 2025 : Bapak
Industry (Based on Marketing Expert Judgement), Pandji P. Djajanegara, Syariah Banking Director
Product: OCTO Card Syariah; Predicate: Very Good – • TOP GRC Awards 2025 # Stars 5: Unit Usaha
SWA & Mix Marketing Communication; Syariah PT Bank CIMB Niaga Tbk;
5) 22nd Infobank Banking Service Excellence 2025 Award, 11) 14th Infobank Sharia Financial Institution Award 2025
Category: Indonesia Product of the Year 2025 – Infobank; oleh Media Infobank Category:
6) 19th Alpha South East Asia Best Financial Institution • The Best Performance Sharia Banking Business
Awards, Categories: Best Islamic Finance SME Bank Unit 2025 (Based on Financial Performance 2024)
and Best Islamic Finance Retail Bank in Indonesia – • The Excellence Performance Sharia Financial
Alpha South East Asia; Institution - for 10 Consecutive Years : 2015-2024.
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initiative has received approval at the Extraordinary
General Meeting of Shareholders (EGMS) and is expected
to provide greater flexibility and a wider operating scope
for the Sharia entity to accelerate business growth,
enhance competitiveness, and increase its contribution
to the national Sharia economy.
Rachmat Sutarnas Marpaung
Komunitas Pengusaha Muslim In order to capitalize on growth opportunities while
Indonesia (KPMI)
General Chairperson anticipating the various challenges faced by the industry,
CIMB Niaga SBU has prepared several key strategies that
will be the focus of implementation in 2026, as follows:
1) Post Spin-Off Business Development
I am the President of the Indonesian Muslim Entrepreneurs
Community (KPMI), a community that accommodates Muslim To develop the business and introduce products that
entrepreneurs committed to running sharia-compliant businesses. drive sustainable growth in financing and Third-Party
KPMI’s primary focus is not just business networking, but also Funds (TPF), with the objective of generating optimal
education. They emphasize how important it is for entrepreneurs to profit before tax (PBT). All of these initiatives will
understand Islamic Fiqh (Islamic trade law) before they enter the
be carried out while maintaining compliance with
world of business.
regulatory financial ratio requirements, as part of
Our collaboration with CIMB Niaga Syariah has been ongoing for the the Bank’s commitment to prudence and business
past year and officially began with the signing of a memorandum of sustainability.
understanding in May 2025. Through this collaboration, we utilize 2) Optimization of Leveraging Business Units
various Islamic banking products and services, including Murabahah,
To strengthen collaboration with bankwide teams
Wadiah, and MMQ financing, as well as the OCTO digital service,
which we consider easy to use, responsive, and efficient for through the implementation of Sharia product
transaction needs. referral concepts in sustainable business activities,
while ensuring consistent delivery of optimal
In terms of service, CIMB Niaga Syariah provides friendly, fast service quality to all customers across every service
service that is consistent with Islamic principles, fostering trust in
touchpoint.
our partnership. We hope that as we go forward, CIMB Niaga Syariah
can offer more relevant products to KPMI members, while continuing 3) Sharia Product Innovation
to strengthen the sharia economic and financial ecosystem and To introduce unique, value-added products that
actively contributing to the development of the halal industry in support the expansion of the financing portfolio
Indonesia. across various segments, while also anticipating
capital constraints faced by Sharia Commercial Banks
(BUS) in relation to the Maximum Legal Lending Limit
(BMPD) regulations.
PLANS, STRATEGIES, AND POLICIES FOR 2026 4) Expansion of Strategic Partnerships
The increasing public awareness of and interest in Sharia To enhance collaboration with existing and
banking, supported by the growing diversity of products new partners in order to strengthen the Islamic
and services offered, presents significant growth Community and gradually build a sustainable Sharia
opportunities for the national Sharia banking industry. financial ecosystem.
In line with these developments, CIMB Niaga’s Sharia 5) Digital Banking Transformation
Business Unit (SBU) plans to undertake a corporate To develop digital platforms and enhance product
action for business development through the spin-off features across CIMB Niaga Syariah’s electronic
of the SBU, which is targeted to commence operations channels, in line with the Bank’s digitalization
in 2026 as a Sharia Commercial Bank. This strategic direction and strategy for 2026.
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Operational Review by Business Segment
CIMB Niaga classifies its business segments into By the end of 2025, CIMB Niaga had 7 (seven) reporting
operating segments and geographical segments. Each segments as follows:
business segment is represented as a group of assets and 1. Corporate - include loans, savings, and other
operational activities that provide products or services transactions, as well as corporate customer balances.
with unique risk characteristics and potential returns. 2. Business - products and services for small to
mediumsized customers.
OPERATING SEGMENT 3. Retail - products and services for individual
An operating segment is a component of an entity that: customers. This segment includes loan facilities,
1. Engages in business activities from which it may earn savings, and other transactions, as well as retail
revenues and incur expenses (including revenues customer balances.
and expenses relating to transactions with other 4. Treasury – this segment is related to CIMB Niaga’s
components of the same entity); treasury activities, including foreign exchange, money
2. Whose operating results are regularly reviewed by markets, derivatives, placements, and securities
the chief operating decision maker to make decisions transactions.
about resources to be allocated to the segment and 5. Sharia - all transactions are carried out by the Sharia
assess its performance; and business unit.
3. For which discrete financial information is available. 6. Others - including back office activities and divisions
that do not generate profits at CIMB Niaga. Corporate
CIMB Niaga prepares and reports operating segments services, sales, and distribution are among the other
in alignment with internal reports prepared for the activities.
chief operating decision maker, who is responsible for 7. Subsidiaries - including all transactions arising and
allocating resources to each segment and evaluating its carried out based on the Subsidiaries’ business.
performance. All operating segments of CIMB Niaga have
met the segment reporting criteria as stipulated in PSAK GEOGRAPHICAL SEGMENT
108 (Revised 2014). In the geographical segments, CIMB Niaga offers services
in a specific economic environment, with risks and
returns that vary from those of other operating segments
in other economic environments. CIMB Niaga’s business
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segment is divided into 6 (six) main geographic areas, 2. Support functions include operations and Information
excluding subsidiaries: Jakarta, West Java, Central Java, Technology, Risk Management, Compliance,
East Java, East Indonesia, and Sumatra. Corporate Affairs and Legal, Human Resources, and
Strategy and Finance.
CIMB NIAGA BUSINESS SEGMENTS 3. Sales & Distribution, which is responsible for selling
CIMB Niaga classifies the work units within its products and services to customers across all
organizational structure as follows: branches in Indonesia.
1. Business Units include Consumer Banking, Business
Banking, Treasury and Capital Markets, Sharia
Banking, and Transaction Banking.
Profitability by Business Segment
OPERATING SEGMENTS
Information related to the operating segments that include 7 (seven) reporting, which covers the corporate, business,
retail, treasury, sharia, and other segments, and subsidiaries of CIMB Niaga and Subsidiaries is presented in Note No.
50 to the Consolidated Financial Statements.
GEOGRAPHICAL SEGMENTS
Information related to the geographical segments of Bank CIMB Niaga and Subsidiaries is presented in Note to the
Consolidated Financial Statements No. 50.
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Financial Performance Analysis
The following financial performance analysis is based Throughout 2025, CIMB Niaga demonstrated solid
on the Consolidated Financial Statements of PT Bank performance amidst uncertain global and domestic
CIMB Niaga Tbk and its subsidiaries for the year ended economic dynamics. CIMB Niaga maintained its growth
31 December 2025. The Consolidated Financial momentum and delivered positive financial performance
Statements have been prepared in accordance with throughout 2025. The Bank had total assets of Rp372.7
Indonesian Financial Accounting Standards. The trillion, with customer deposits reaching Rp270.5 trillion.
Consolidated Financial Statements have been audited CASA contributions reached Rp189.5 trillion, equivalent
by the Public Accounting Firm Rintis, Jumadi, Rianto & to a CASA ratio of 70.03%, while time deposits reached
Rekan, a member firm of the PwC global network, with Rp81.1 trillion.
Jimmy Pangestu, S.E., CPA, an independent auditor, as
the audit partner. The audit was conducted in accordance To strengthen its funding structure, CIMB Niaga
with Auditing Standards established by the Indonesian diversified its funding sources by issuing Rp1.0 trillion
Institute of Certified Public Accountants. Based on the in debt securities. Securities issued by CIMB Niaga
audit results, the auditor issued an unmodified opinion, have received an idAAA rating from PT Pemeringkat
stating that the Consolidated Financial Statements Efek Indonesia (Pefindo), while securities issued by its
present fairly, in all material respects, the Group’s subsidiary, CNAF, have received an AAAidn rating from
consolidated financial position as of 31 December PT Fitch Ratings Indonesia. These ratings reflect market
2025, and its consolidated financial performance and confidence in the Group’s fundamental strength and risk
cash flows for the year then ended, in accordance with profile.
Indonesian Financial Accounting Standards.
In terms of lending, CIMB Niaga recorded 4.52% growth
GENERAL DISCUSSION OF FINANCIAL to Rp238.3 trillion from Rp228.0 trillion the previous year.
PERFORMANCE ACHIEVEMENTS This loan growth was primarily driven by a growth of
In 2025, Indonesia’s economic growth remained strong, 6.72% in Corporate Banking, 1.99% in Emerging Business
driven by export performance and larger government Banking (EBB), 3.15% in Commercial Banking, and 3.41%
consumption as the State accelerated spending. National in Consumer Banking. Growth in the consumer segment
economic growth was recorded at 5.11%, an increase was supported by a 10.10% increase in Auto Loans (KPM)
compared to the previous year’s 5.03%. and a 14.50% increase in Unsecured Loans (KTA).
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In terms of profitability, CIMB Niaga recorded net interest At the end of 2025, CIMB Niaga recorded a net profit for
income of Rp13.5 trillion and non-interest income of Rp6.0 the year of Rp6.94 trillion, a 0.53% increase compared
trillion, an increase from respectively Rp13.3 trillion and to the previous year’s Rp6.90 trillion. This achievement
Rp5.7 trillion in the previous year. These two sources of reflects the Bank’s successful focus on growth quality to
income contributed Rp19.4 trillion to operating income. maintain a balance between profitability and risk.
Meanwhile, total operating expenses increased by 2.50%, in
line with the Bank’s business management efforts, followed
by a 6.64% decrease in the provision for impairment losses
(CKPN) on financial and non-financial assets.
Implementation of the Foward30 Strategy
After the successful completion of its 5-Pillar Strategy at Cash is a primary focus in strengthening the funding
the end in 2024 with a very noticeable increase in Return structure through the growth of low-cost funds.
on Equity (ROE) from 9.70% in 2019 to 14.34% in 2024, This growth is achieved through a customer-centric
CIMB Niaga was is in a strong position to enter its next approach and a transaction-based banking ecosystem
phase of growth. The successful implementation of approach. This strategy is not only aimed at structurally
the 5-Pillar Strategy was primarily driven by disciplined lowering the cost of funds and strengthening liquidity,
approach to reallocating and optimizing its loan portfolio, but also at enhancing customer loyalty and the Bank’s
particularly in the consumer and SME segments, the competitiveness amidst increasingly intense funding
Bank’s focus on low-cost funds (CASA) growth, increased competition.
operational efficiency, the implementation of a risk
management culture and improved asset quality, and Cross-selling, CIMB Niaga encourages deepening
the use of information technology. customer relationships by strengthening wealth
management and affluent banking services, and
As a purpose-driven organization, CIMB Niaga bases optimizing synergies between retail and non-retail
its business strategy on the Bank’s purpose: Advancing segments. Through a “one-bank” approach to customers,
Customers and Society. This purpose lays the foundation CIMB Niaga targets increasing commission-based and
for the Bank’s strategic direction and offers guidance for non-interest income (NOII) contributions.
leadership, talent management, and sustainable business
growth. CIMB Niaga’s core values, summarized in EPICC Capabilities, whose objective is to create a Simpler,
(Enabling Talent, Passion, Integrity and Accountability, Better, Faster (SBF) organization, are a key pillar of the
Collaboration, and Customer-Centricity), also serve as Forward30 strategy, realized through strengthening
the foundation for every decision-making and leadership capabilities through operational model transformation,
strategy across the organization. business process reengineering, the implementation
of digital automation, technology modernization, data
2025 marks a crucial chapter for CIMB Niaga as it analytics, and AI. This pillar lays a critical foundation for
transitions from its 5-Pillar Strategy to our latest long- creating sustainable value, including through increased
term strategy (2025-2030), Forward30, which is grounded productivity, improved customer experience, increased
in the Bank’s purpose of Advancing Customers and market share, and operational resilience.
Society. The Forward30 strategy is implemented through
four key priorities (the 4Cs): Capital, Cash/CASA, Cross- Through Forward30, CIMB Niaga is delivering on its
Selling, and Capability. commitment to providing a Simpler, Better, Faster
experience for customers, while empowering CIMB Niaga
Capital is managed through portfolio optimization employees through Simpler, Better, Faster operational
through the reallocation of capital and resources to processes. CIMB Niaga targets long-term value creation
areas that exemplify the Bank’s core strengths and offer for customers, communities, employees, shareholders,
optimal potential returns and resilience. This approach is and broader contributions to Indonesia’s economic
carried out while maintaining a strong balance sheet to growth.
support sustainable business growth.
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Expansion of Electronic Network Reach
As of 31 December 2025, CIMB Niaga had an operational OCTO CLICKS
network spread across 28 provinces across Indonesia, OCTO Clicks is a premium internet-based banking service
including branch offices, sub-branches, and payment offered by CIMB Niaga. OCTO Clicks provides customers
offices, totaling 428 networks and branches, including with the convenience of conducting various banking
Sharia branches, Digital Lounges, mobile cash, and kiosks. transactions, including paying bills, shopping online,
On top of that, CIMB Niaga operated a total of 1,865 purchasing investment products such as mutual funds
ATMs, 921 CRM (including MDM), 31 Digital Lounges, and and bonds, and opening savings and deposit accounts
35 mobile branch. We had the entire operational network online. It is a service designed to let the customers enjoy
fully supported by our total headcount of as many as a range of need-based, practical, secure, and integrated
11,647 very competent human resources. banking experiences.
ATMS AND MFDS Since 2016, OCTO Clicks has had a Virtual Card Number
By 2025, CIMB Niaga was operating 1,865 ATMs and (VCN) feature that lets customers make online shopping
Multi-Function Devices (MFDs) across various regions transactions at any merchant that accepts MasterCard
in Indonesia. This service infrastructure recorded 42.9 payments. This feature provides a safer, more convenient
billion transactions totaling Rp30.2 trillion throughout payment alternative that lets customers draw funds from
2025. The lower figure shows a decline from Rp39.8 their savings, so they no longer need to use their physical
trillion recorded in the previous year, reflecting the credit card.
ongoing shift toward online customer transactions in line
with Indonesia’s rapid digital economy growth. OCTO Clicks also features a personal financial dashboard
that summarizes the customer’s financial activities and
ATM and MFD Performance assets, including savings, loan, and investment products.
Transaction Volume Total Transactions Number of ATM & MFD
(in trillion Rupiah) (in million) (in thousand) This feature provides added value to customers, allowing
39.8 30.2 56.3 42.9 2.3 1.9 them to monitor their financial situation in real time.
By 2025, OCTO Clicks had 2.1 million users. There were
5.2 million transactions, with a transaction volume of
Rp48.3 trillion.
OCTO Clicks Performance
Transaction Volume Total Transactions Number of Users
(in trillion Rupiah) (in million) (in million)
2024 2025 2024 2025 2024 2025
65.0 48.3 8.7 5.2 1.9 2.1
CRM AND MDM
In 2025, we recorded that CIMB Niaga had a total of
921 CRM and MDM machine units in total, with 23.7
million transactions, a higher figure from 24.6 million
transactions made in the previous year. Transaction
volume reached Rp27.3 trillion, up from Rp29.0 trillion.
2024 2025 2024 2025 2024 2025
CRM and MDM Performance
Transaction Volume Total Transactions Number of CRM & MDM
(in trillion Rupiah) (in million) (in thousand)
29.0 27.3 24.6 23.7 1.0 0.9
2024 2025 2024 2025 2024 2025
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OCTO MOBILE BIZCHANNEL@CIMB
CIMB Niaga offers OCTO Mobile as its flagship mobile BizChannel@CIMB is a flagship internet-based banking
banking application, featuring services such as opening service offered by CIMB Niaga for business customers.
time deposits, logging in with biometrics, making payments By 2025, BizChannel@CIMB had 55.5 million users.
through QR scanning technology, purchasing retail bonds, Customer transactions through BizChannel@CIMB will
opening mutual funds, topping up e-wallets and electronic reach 51.2 million, with a total transaction volume of up
cards, and accessing Ask OCTO, a virtual assistant that to Rp3.7 trillion in 2025.
provides information and transaction guidance on CIMB
Niaga products. In 2025, 3.8 million users used the mobile BizChannel@CIMB Performance
Transaction Volume Total Transactions Number of CIF
banking service, up from 3.4 million the previous year. (in trillion Rupiah) (in million) (in thousand)
3.7 3.7 112.3 51.2 57.4 55.5
In 2025, customers made 510.3 million transactions
through OCTO Mobile, marking a 50.1% increase from
340.0 million the previous year. These transactions totaled
Rp414.8 trillion.
OCTO Mobile Performance
Transaction Volume Total Transactions Number of Users
(in trillion Rupiah) (in million) (in million)
2024 2025 2024 2025 2024 2025
333.0 414.8 340.0 510.3 3.4 3.8
EDC AND QR
CIMB Niaga continues to strengthen its digital service
penetration by increasing its payment points through
Electronic Data Capture (EDC) and QR-based services.
Throughout 2025, the number of EDC and QR devices
managed by CIMB Niaga reached 707,300 units, an 11.4%
2024 2025 2024 2025 2024 2025
increase compared to 634,900 units in the previous year.
Customer transactions through EDC and QR reached
OCTO PAY 148.2 million, up from 118.7 million in the previous year,
OCTO Pay is CIMB Niaga’s digital money service product totaling Rp36.1 trillion. This increase reflects the Bank’s
linked to a customer’s registered mobile phone number commitment to expanding digital payment acceptance
and integrated into the OCTO Mobile app for various and supporting Indonesia’s non-cash transaction
cashless transactions. In 2025, OCTO Pay had 6.1 million ecosystem.
users, a 4.8% increase from 5.8 million the previous
year. This was accompanied by an increase in customer EDC and QR Performance
Transaction Volume Total Transactions Number of EDC and QR
transactions through OCTO Pay, reaching 36.8 million, up (in trillion Rupiah) (in million) (thousand)
from 20.0 million the previous year. 37.6 36.1 118.7 148.2 634.9 707.3
Octo Pay Performance
Transaction Volume Total Transactions Number of Users
(in trillion Rupiah) (in million) (in million)
4.2 6.4 20.0 36.8 5.8 6.1
2024 2025 2024 2025 2024 2025
2024 2025 2024 2025 2024 2025
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Consolidated Statements of Financial Position
(in million Rupiah)
Growth (%)
Balance Sheet Report 2025 2024 2023
2024–2025 2023–2024
Net Cash and Cash Equivalents - Net 29,078,332 21,197,458 24,344,954 37.18 (12.93)
Marketable Securities and Government Bonds - Net 86,464,876 95,422,753 85,119,827 (9.39) 12.10
Loans - Gross 238,308,825 228,002,995 213,369,870 4.52 6.86
Allowance for Impairment Losses (8,383,385) (10,653,400) (12,047,483) (21.31) (11.57)
Loans - Net 229,925,440 217,349,595 201,322,387 5.79 7.96
Fixed Assets - Net 7,201,311 6,803,495 6,774,736 5.85 0.42
Intangible Assets - Net 2,028,737 2,044,380 2,074,656 (0.77) (1.46)
Other Assets - Net 18,000,197 17,402,829 14,732,673 3.43 18.12
Total Assets 372,698,893 360,220,510 334,369,233 3.46 7.73
Demand Deposits 103,079,287 91,788,134 73,201,803 12.30 25.39
Saving Deposits 86,381,232 80,279,071 77,430,824 7.60 3.68
Time Deposits 81,062,261 88,571,822 85,229,043 (8.48) 3.92
Total Deposits from Customers 270,522,780 260,639,027 235,861,670 3.79 10.51
Deposits from Other Banks 7,366,310 5,959,468 1,760,447 23.61 238.52
Marketable Securities Issued and Subordinated 3,685,222 1,761,966 2,453,321 109.15 (28.18)
Loans
Securities Sold under Repurchase Agreement 11,514,958 11,288,963 20,426,826 2.0 (44.73)
Borrowings 4,455,255 8,487,935 6,288,525 (47.51) 34.97
Other Liabilities 16,997,185 18,886,824 18,241,073 (10.01) 3.54
Total Liabilities 314,541,710 307,024,183 285,031,862 2.45 7.72
Total Equity 58,157,183 53,196,327 49,337,371 9.33 7.82
Total Liabilities and Equity 372,698,893 360,220,510 334,369,233 3.46 7.73
ASSETS
CIMB Niaga recorded total assets of Rp372.7 trillion as of 2025, representing an increase of 3.46% from Rp360.2 trillion
in 2024. The growth in total assets was primarily driven by a 4.52% increase in loans, reaching Rp238.3 trillion compared
with Rp228.0 trillion in the previous year. This performance reflects the Bank’s asset management strategy, which
balances business growth with prudent liquidity management.
NET CASH & CASH EQUIVALENTS
(in million Rupiah)
Growth (%)
Cash and Cash Equivalents - Net 2025 2024 2023
2024–2025 2023–2024
Cash 3,657,344 3,650,137 3,928,446 0.20 (7.08)
Current accounts with Bank Indonesia 11,670,605 9,990,709 13,180,254 16.81 (24.20)
Current accounts with other banks 1,907,866 2,508,917 2,703,266 (23.96) (7.19)
Placement with Bank Indonesia 11,238,713 4,849,107 4,252,742 131.77 14.02
Placement with other banks 603,804 198,588 280,246 204.05 (29.14)
Total 29,078,332 21,197,458 24,344,954 37.18 (12.93)
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As of 2025, the Bank’s net cash and cash equivalents Cash and Cash Equivalent Composition - Net
(%)
amounted to Rp29.1 trillion, representing an increase of
37.18% from Rp21.2 trillion in 2024. The increase in cash 1.15 0.94 2.08
and cash equivalents was mainly driven by a 131.77% rise 17.47 22.88
38.65
in placements with Bank Indonesia to Rp11.2 trillion in 11.10
11.84
Placements with Other Banks
2025. Current accounts with Bank Indonesia increased by 6.56 Placements with Bank Indonesia
16.81% to Rp11.7 trillion in 2025. 54.14 47.13 Current Account with Other Banks
40.14
Current Account with Bank Indonesia
16.14 17.22 12.58 Cash
2023 2024 2025
CASH
Cash as of 2025 amounted to Rp3.66 trillion, increasing by 0.20% compared with Rp3.65 trillion in 2024. The increase
in cash was mainly attributable to cash denominated in other foreign currencies, which totaled Rp130,8 billion in 2025.
Cash contributed 12.58% to net cash and cash equivalents in 2025.
(in million Rupiah)
Growth (%)
Cash 2025 2024 2023
2024–2025 2023–2024
Rupiah 2,748,905 2,812,040 2,948,438 (2.25) (4.63)
Foreign Currency
US Dollars 395,989 456,490 358,888 (13.25) 27.20
Others 512,450 381,607 621,120 34.29 (38.56)
Total 3,657,344 3,650,137 3,928,446 0.20 (7.08)
CURRENT ACCOUNT WITH BANK INDONESIA
Current accounts with Bank Indonesia amounted to Rp11.7 trillion, increasing by Rp1.7 trillion or 16.81% compared
with Rp10.0 trillion in 2024. The increase in current accounts with Bank Indonesia was mainly attributable to Rupiah-
denominated current accounts with Bank Indonesia amounting to Rp1.4 trillion.
(in million Rupiah)
Growth (%)
Giro 2025 2024 2023
2024–2025 2023–2024
Rupiah 9,820,310 8,398,250 11,707,048 16.93 (28.26)
US Dollars 1,850,295 1,592,459 1,473,206 16.19 8.09
Total 11,670,605 9,990,709 13,180,254 16.81 (24.20)
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CURRENT ACCOUNTS WITH OTHER BANKS
In 2025, CIMB Niaga’s current accounts with other banks amounted to Rp1.9 trillion, declining by Rp0.6 trillion or 23.96%
compared with Rp2.5 trillion in 2024. The decrease in current accounts with other banks was mainly attributable to
current accounts denominated in Australian Dollars, Japanese Yen, and United States Dollars, which declined by Rp390.9
billion, Rp257.6 billion, and Rp130.6 billion, respectively. This decline was partially offset by increases in current accounts
with other banks denominated in Singapore Dollars and Rupiah of Rp197.1 billion and Rp100.4 billion, respectively.
(in million Rupiah)
Growth (%)
Current Accounts with Other Banks 2025 2024 2023
2024–2025 2023–2024
Rupiah 168,598 68,226 352,004 147.12 (80.62)
Foreign Currencies
US Dollars 588,993 719,624 544,488 (18.15) 32.17
Singapore Dollars 335,785 138,709 289,486 142.08 (52.08)
Euro 191,657 197,980 174,170 (3.19) 13.67
Japanese Yen 187,537 445,139 754,651 (57.87) (41.01)
Great Britain Pound Sterling 110,043 167,235 170,260 (34.20) (1.78)
Australian Dollars 101,875 492,766 111,146 (79.33) 343.35
New Zealand Dollars 63,855 53,694 18,368 18.92 192.32
Malaysian Ringgit 34,182 44,497 8,916 (23.18) 399.07
Hong Kong Dollars 25,678 20,847 55,572 23.17 (62.49)
Chinese Yuan 20,816 68,644 175,137 (69.68) (60.81)
Canadian Dollars 19,599 29,938 19,120 (34.53) 56.58
Saudi Arabia Riyal 9,299 30,975 3,265 (69.98) 848.70
Others 49,949 30,643 26,683 63.00 14.84
Total 1,907,866 2,508,917 2,703,266 (23.96) (7.19)
PLACEMENTS WITH OTHER BANKS AND BANK INDONESIA
In 2025, placements with other banks and Bank Indonesia amounted to Rp11.8 trillion, increasing by Rp6.8 trillion or
134.61% compared with Rp5.0 trillion in 2024. The increase was primarily attributable to placements in FASBI–Rupiah
of Rp6.5 trillion.
(in million Rupiah)
Growth (%)
Placement with Bank Indonesia and Other Banks 2025 2024 2023
2024–2025 2023–2024
FASBI – Rupiah 8,453,988 2,000,292 1,850,809 322.64 8.08
BI Time Deposits – Foreign Currency 2,784,725 2,848,815 2,401,933 (2.25) 18.61
Placements with Bank Indonesia 11,238,713 4,849,107 4,252,742 131.77 14.02
Time Deposits - Rupiah 9,200 300 - 2,966.67 100.00
Call Money – Foreign Currency 594,675 198,288 288,960 199.90 (31.38)
Placements with Other Banks 603,875 198,588 288,960 204.08 (31.27)
Less: Allowances for Impairment Losses (71) - (8,714) 100.00 (100.00)
Total 11,842,517 5,047,695 4,532,988 134.61 11.35
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MARKETABLE SECURITIES AND GOVERNMENT BONDS – NET
CIMB Niaga recorded marketable securities and government bonds totaling Rp86.5 trillion, a decrease of 9.39% from
Rp95.4 trillion in the previous year. The decline in securities and government bonds was mainly driven by a reduction
in government bonds of Rp5.2 trillion, combined with decreases in securities of Rp3.1 trillion and securities purchased
under resale agreements of Rp0.6 trillion.
(in million Rupiah)
Marketable Securities and Growth (%)
Government Bonds - Net
2025 2024 2023
2024–2025 2023–2024
Marketable Securities 20,326,032 23,455,294 9,363,933 (13.34) 150.49
Government Bonds 65,138,715 70,354,627 70,596,507 (7.41) (0.34)
Securities Purchased Under Resale Agreements 1,000,129 1,612,832 5,159,387 (37.99) (68.74)
Total 86,464,876 95,422,753 85,119,827 (9.39) 12.10
MARKETABLE SECURITIES
(in million Rupiah)
Growth (%)
Net Marketable Securities 2025 2024 2023
2024–2025 2023–2024
Amortized cost 668,413 923,660 1,054,691 (27.63) (12.42)
Fair value through other comprehensive income 16,174,004 20,019,890 6,947,161 (19.21) 188.17
Fair value through profit and loss 3,484,397 2,512,584 1,401,241 38.68 79.31
Total 20,326,814 23,456,134 9,403,093 (13.34) 149.45
CIMB Niaga’s investment classification of financial asset GOVERNMENT BONDS
marketable securities in 2025 remained dominated CIMB Niaga optimizes its investment in marketable
by securities measured at fair value through other securities by focusing on safe instruments such as
comprehensive income, contributing 79.57% or Rp16.2 government bonds. CIMB Niaga implemented various
trillion. This amount declined by 19.21% compared with initiatives in managing and utilizing the Bank’s liquidity.
Rp20.0 trillion in 2024, while instruments measured at
amortized cost decreased to Rp0.7 trillion in 2025. This As of the end of 2025, CIMB Niaga’s investment in
was offset by an increase in securities measured at fair government bonds amounted to Rp65.1 trillion, reflecting
value through profit or loss of Rp1.0 trillion, reaching a slight decrease of 7.41% or Rp5.2 trillion compared
Rp3.5 trillion in 2025. with Rp70.4 trillion in 2024. The decrease was mainly
attributable to a decline in government bonds measured
The average annual interest rates on securities at amortized cost of 37.14% or Rp5.4 trillion, as well as
investments in 2025 ranged from 4.15% - 11.00% for a decrease in government bonds measured at fair value
Rupiah-denominated instruments and from 1.40% to through profit or loss of 0.53% or Rp103.2 billion. This
6.45% for foreign currency-denominated instruments. was partially offset by an increase in government bonds
In 2024, the average annual interest rates ranged from measured at fair value through other comprehensive
5.50% to 11.20% for Rupiah-denominated instruments income of 0.67% or Rp244.5 billionn in 2025.
and from 1.40% to 6.45% for foreign currency-
denominated instruments. Of the total government bonds held by CIMB Niaga,
56.15% or Rp36.6 trillion consisted of government bonds
From a collectability perspective, securities were well measured at fair value through other comprehensive
managed, and all securities held were classified as income. The other types of government bonds, namely
current, totaling Rp20.3 trillion. In the previous year, those measured at fair value through profit or loss
securities investments classified as current amounted and at amortized cost, amounted to Rp19.5 trillion and
to Rp23.5 trillion. There were no securities classified as Rp9.1 trillion, respectively, representing contributions of
substandard or non-performing in either 2025 or 2024. 29.93% and 13.29% in 2025.
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Government Bonds currency-denominated instruments. As of 31 December
(in trillion Rupiah)
2025, government bonds pledged as collateral for
securities sold under repurchase agreements amounted
16.4 19.6 19.5 to Rp9.0 trillion, compared with Rp9.4 trillion in 2024.
36.0 SECURITIES PURCHASED UNDER RESALE AGREEMENTS
36.3 36.6
Fair value through profit and loss In 2025, securities purchased under resale agreements
Fair value through other amounted to Rp1.0 trillion, representing a decrease of
comprehensive income
18.0 14.4 37.99% compared with Rp1.6 trillion in 2024. As of 31
9.1 Amortised cost
December 2025, all securities purchased under resale
2023 2024 2025
agreements were classified as stage 1.
Government Bonds by Maturity LOANS
(in trillion Rupiah)
CIMB Niaga is committed to continuously strengthening
a healthy loan portfolio through the offering of financing
20.0 14.53
26.3 products with competitive interest rates, supported
39.7 > 5 years by well-targeted marketing strategies. In extending
10.2 > 1 - ≤ 5 years loans, CIMB Niaga consistently upholds the principle
29.3 42.12 of prudence and maintains asset quality to support
> 3 - ≤ 12 months
sustainable business growth.
> 1 - ≤ 3 months
7.4 8.41
7.5 0.3 0.05
≤ 1 months
0.1 0.2 0.03 CIMB Niaga’s loan disbursement in 2025 increased by
2023 2024 2025 4.52% to Rp238.3 trillion, from Rp228.0 trillion in the
previous year. The loans are secured by collateral in the
The composition of CIMB Niaga’s government bond form of mortgages, fiduciary security rights, powers of
portfolio by maturity remained dominated by bonds attorney to sell, time deposits, and third-party funds.
with maturities of more than 1 year up to 5 years, Loans secured by third-party funds amounted to Rp10.3
accounting for 64.67% of the total portfolio, while bonds trillion in 2025 and Rp9.5 trillion in 2024.
with maturities of more than 5 years contributed 22.30%.
Meanwhile, government bonds with tenors of more than LOANS BY CURRENCY
3 months up to 12 months contributed 12.90% in 2025. In 2025, Rupiah-denominated loans continued to
dominate the Bank’s loan portfolio. CIMB Niaga disbursed
In 2025, the average annual interest rates on Rupiah-denominated loans amounting to Rp197.3 trillion,
government bonds ranged from 4.12% to 12.00% for representing 82.78% of total loans. Meanwhile, foreign
Rupiah-denominated instruments and from 1.85% to currency-denominated loans accounted for 17.22% of
8.50% for foreign currency-denominated instruments. total loans, amounting to Rp41.03 trillion. In 2024, the
In comparison, in 2024 the average annual interest rates composition of CIMB Niaga’s loans in Rupiah and foreign
ranged from 4.88% to 12.00% for Rupiah-denominated currencies was 84.29% and 15.71%, respectively.
instruments and from 1.50% to 8.50% for foreign
(in million Rupiah)
Growth (%)
Loans Based on Currency 2025 2024 2023
2024–2025 2023–2024
Rupiah 197,276,114 192,172,437 184,076,821 2.66 4.40
Average interest rate (Rupiah) % 8,11 8,32 8,34 (0.21) (0.02)
Foreign Currencies 41,032,711 35,830,558 29,293,049 14.52 22.32
Average interest rate (Rupiah) % 5,36 6,22 5,58 (0.85) 0.64
Total 238,308,825 228,002,995 213,369,870 4.52 6.86
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LOANS BASED ON GEOGRAPHIC AREA
The distribution of the Bank’s loan disbursements by geographical area remained dominated by Java Island, accounting
for 85.52% of total loans in 2025 and 85.45% in 2024. In 2025, the Jakarta region contributed the largest share of total
loan disbursements at 71.98%, followed by Sumatra and East Java with contributions of 7.03% and 5.79%, respectively.
(in million Rupiah)
Growth (%)
Loans based on Geographic Area 2025 2024 2023
2024–2025 2023–2024
Jakarta 171,536,792 162,630,411 153,322,585 5.48 6.07
Sumatera 16,761,292 15,971,139 14,588,662 4.95 9.48
East Java 13,809,361 13,668,706 13,556,931 1.03 0.82
West Java 10,819,578 10,875,053 10,417,192 (0.51) 4.40
Central Java 7,660,253 7,664,325 7,237,093 (0.05) 5.90
East Indonesia 7,410,707 7,140,302 6,794,087 3.79 5.10
Others 10,310,842 10,053,059 7,453,320 2.56 34.88
Total 238,308,825 228,002,995 213,369,870 4.52 6.86
LOANS BASED ON UTILIZATION TYPE
The composition of the Bank’s loan disbursements is well diversified, enabling effective risk management. In 2025,
working capital loans contributed 47.75% of CIMB Niaga’s total loans, followed by consumer loans with a contribution
of 33.34% and investment loans with a contribution of 18.91%.
(in million Rupiah)
Growth (%)
Loans Based on Utilization Type 2025 2024 2023
2024–2025 2023–2024
Working Capital 113,800,914 97,064,165 90,408,583 17.24 7.36
Investment 45,062,354 54,103,162 49,995,121 (16.71) 8.22
Consumption 79,445,557 76,835,668 72,966,166 3.40 5.30
Total 238,308,825 228,002,995 213,369,870 4.52 6.86
LOANS BASED ON ECONOMIC SECTORS
The manufacturing sector; consumption; trading, restaurant, hotels, and administration; housing; and business
services were the five economic sectors that together contributed 80.16% of CIMB Niaga’s total loans. These five
sectors continued to represent the largest portions of CIMB Niaga’s loan composition by economic sector in 2025, with
respective contributions of 18.68%; 17.50%; 15.87%; 15.84%; and 12.28%.
(in million Rupiah)
Growth (%)
Loans Based on Economic Sectors 2025 2024 2023
2024–2025 2023–2024
Manufacturing 44,521,722 40,843,871 38,365,381 9.00 6.46
Consumption 41,701,618 38,902,641 34,076,602 7.19 14.16
Trading, restaurant, hotels, and administration 37,815,095 34,481,317 32,836,895 9.67 5.01
Housing 37,743,939 37,933,027 38,889,564 (0.50) (2.46)
Business services 29,257,029 27,640,175 24,252,082 5.85 13.97
Agriculture 11,670,250 13,620,817 11,980,044 (14.32) 13.70
Others 35,599,172 34,581,147 32,969,302 2.94 4.89
Total 238,308,825 228,002,995 213,369,870 4.52 6.86
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LOANS BASED ON SEGMENTATION
Based on business segmentation, Corporate Banking, which accounted for 40.63% of CIMB Niaga’s total loans, increased
by 6.72% to Rp96.8 trillion in 2025 from Rp90.7 trillion in 2024. Consumer Banking contributed 32.87% to CIMB Niaga’s
total loans, rising by 3.41% to Rp78.3 trillion from Rp75.8 trillion previously. This was followed by Emerging Business
Banking (EBB), which also recorded an increase of 1.99% to Rp27.4 trillion. Meanwhile, Commercial Banking increased
by 3.15% to Rp35.7 trillion compared with Rp34.6 trillion in 2024.
Loans Based on Segmentation
(in trillion Rupiah)
71.8 75.8 78.3
83.6 90.7 96.8
24.9 26.9 27.4
33.0 34.6 35.7
2023 2024 2025
Corporate Banking Commercial Banking EBB Consumer Banking
NON-PERFORMING LOANS
In 2025, CIMB Niaga’s non-performing loans (NPL) increased by 7.13% to Rp4.3 trillion, compared with Rp4.0 trillion in
the previous year.
CIMB Niaga’s gross NPL ratio stood at 1.8% in 2025, supported by the consistent implementation of prudent
(in million Rupiah)
Growth (%)
NPL based on Collectibility 2025 2024 2023
2024–2025 2023–2024
Sub-Standard 612,185 583,437 482,810 4.93 20.84
Doubtful 663,273 600,377 760,489 10.48 (21.05)
Loss 3,004,153 2,810,932 2,914,251 6.87 (3.55)
Total 4,279,611 3,994,746 4,157,550 7.13 (3.92)
The gross NPL ratios for Commercial Banking and EBB remained well controlled and improved to 3.2% and 3.5%,
respectively, in 2025, compared with 3.4% and 4.1% in 2024. Meanwhile, the NPL ratio for Consumer Banking increased
from 2.3% in 2024 to 2.6% in 2025, while Corporate Banking recorded an NPL ratio of 0.2% in 2025.
NPL Gross Ratio (%) by Segment
4.6
4.1 4.1 3.5
3.4
3.2
2.3
2.6
Corporate Banking
1.7
Commercial Banking
0.5 EBB
0.2
0.0 Consumer Banking
2023 2024 2025
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The sectors contributing the largest shares of non-performing loans in 2025 were housing (26.70%); trading, restaurant,
hotels, and administration (25.16%); and consumption (20.52%).
2025 2024 2023
NPL Composition based on Economic Sector
Rp million % Rp million % Rp million %
Housing 1,142,867 26.70 1,017,259 25.46 784,788 18.88
Trading, restaurants, hotels, and administration 1,076,628 25.16 1,155,398 28.92 1,220,659 29.36
Consumption 878,269 20.52 711,366 17.81 483,601 11.63
Business services 399,470 9.33 476,987 11.94 446,486 10.74
Manufacturing 360,346 8.42 356,347 8.92 932,712 22.43
Construction 312,121 7.29 104,456 2.61 124,104 2.99
Agriculture 53,592 1.25 74,609 1.87 87,270 2.10
Transportation, warehouse, and communication 31,802 0.74 56,038 1.40 39,933 0.96
Mining 15,013 0.35 15,013 0.38 15,013 0.36
Electricity, gas and water 4,367 0.10 15,547 0.39 15,548 0.37
Social services 5,136 0.12 11,726 0.29 7,436 0.18
Total 4,279,611 100.00 3,994,746 100.00 4,157,550 100.00
IMPAIRED LOANS
In 2025, CIMB Niaga’s loans that fell under impaired loans amounted to Rp7.5 trillion, a quite noticeable decline from
Rp9.2 trillion in the previous year. In line with this improvement, the impaired loan ratio also experienced a decrease
to 3.14% in 2025 from 4.06% in 2024.
Management believes that the allowance for impairment losses established is adequate to cover potential losses arising
from uncollectible loans. The allowance for loan impairment losses in 2025 and 2024 amounted to Rp8.4 trillion and
Rp10.7 trillion, respectively, with impaired LLC ratios of 112.31% in 2025 and 115.35% in 2024.
The movements in the allowance for loan impairment losses recorded by CIMB Niaga are as follows:
(in million Rupiah)
Growth (%)
Movement in Allowances for Impairment Losses 2025 2024 2023
2024–2025 2023–2024
Beginning balance 10,653,400 12,047,483 13,197,385 (11.57) (8.17)
(Recovery)/Impairment during the year 1,448,212 1,777,819 2,023,909 (18.54) (12.16)
Recovery of written-off loans during the year - - 33,708 - (100.00)
Write-offs during the year (3,333,734) (2,022,193) (2,456,176) 64.86 (17.67)
Others *
(384,493) (1,149,709) (751,343) (66.56) 53.02
Ending balance 8,383,385 10,653,400 12,047,483 (21.31) (11.57)
*
Includes difference in exchange rates due to foreign currency translation and non-performing loans sale.
COMPLIANCE WITH BI REQUIREMENTS FOR LOANS
Total MSME loans in 2025 amounted to Rp24.2 trillion, a decreased of 10,37% compared with Rp27.0 trillion in 2024. The
ratio of MSME loans to total consolidated loans stood at 10.61%, down from 12.38% in the previous year. This ratio was
calculated in accordance with Bank Indonesia Regulation No. 23/13/PBI/2021, as amended by Bank Indonesia Regulation
No. 24/3/PBI/2022 regarding the Macroprudential Inclusive Financing Ratio (MIFR) for Conventional Commercial Banks,
Sharia Commercial Banks, and Sharia Business Units.
OJK issued Regulation No. 32/POJK.03/2018 regarding the Legal Lending Limit and Provision of Large Funds for
Commercial Banks, which has been effective since 1 June 2019 and was subsequently updated by OJK Regulation No. 38/
POJK.03/2019, effective from 1 January 2020. The regulation stipulates that the maximum exposure to a single borrower
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and/or a group of borrowers that are not related parties conditions, and the time lag between the occurrence
must not exceed 25% of the Bank’s core capital. As of of adverse events within the loan group and the
31 December 2025, 2024, and 2023, there were no identification of objective evidence of impairment.
breaches or violations of the Legal Lending Limit (LLL) Individual assessments are evaluated based on the
requirements, either to related or non-related parties. estimated recoverable amount. Evaluations under
individual assessment are performed monthly and
ASSET QUALITY COMMITTEE determined by the Asset Quality Committee.
The assessment of impairment losses on loans is conducted
using two approaches, namely individual assessment and The duties and responsibilities of the Asset Quality
collective assessment. Individual assessment is applied Committee include evaluating CIMB Niaga’s assets to
to loans that specifically show indications of impairment, ensure alignment with the Bank’s overall risk appetite,
while collective assessment is performed on groups of including determining the list of debtors classified under
loans that share similar characteristics and risk profiles. individual assessment. The Asset Quality Committee
operates effectively to improve asset quality and curb the
In conducting collective assessments, impairment is growth of non-performing assets, including determining
evaluated based on estimated future losses calculated the establishment of allowances for impairment losses
by taking into account the historical loss rates of each for debtors classified under individual assessment based
loan group, assumptions regarding macroeconomic on their financial condition and current circumstances.
Non-Significant Loan Significant Loan
Yes Yes
Asset Quality
Objective Proof of Objective Proof of Loan Individual
Committee
Impairment Impairment Assessment
Agreement
No
Loan Collective
Assessment
No
THE STRATEGY TO IMPROVE ASSET QUALITY
CIMB Niaga implements various preventive and after-the-fact strategies as part of its ongoing efforts to enhance and
maintain asset quality. Preventive strategies focus on strengthening risk management from the early stages, including
through updates to the risk management framework and the development of various tools that integrate credit risk
measurement across the Bank’s entire business processes.
These enhancements are implemented through the use of rating systems and scorecards in credit decision-making,
the measurement of liquidity and operational risks, and the calculation of Risk-Weighted Assets (RWA) for credit using
the internal ratings-based approach. This approach is supported by the development of systems aligned with the Basel
II and Basel III implementation frameworks. In addition, CIMB Niaga consistently conducts training programs and
competency development for credit analysts to enhance the quality of credit analysis and financing decision-making.
One of the after-the-fact strategies involves strengthening the collection function through the enhancement of
collection systems, auction platforms, and loan recovery processes, such as the sale of foreclosed assets (AYDA), as
well as collaborating with workforce service providers for Tele-Recovery. CIMB Niaga will also continue to focus on
strengthening its risk culture.
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FIXED ASSETS
CIMB Niaga recorded fixed assets amounting to Rp7.2 trillion in 2025, increasing by 5.85% or Rp397.8 billion from Rp6.8
trillion in 2024. The increase was mainly driven by an increase in motor vehicles of Rp152.3 billion and an increase in
office equipment, machinery, and furniture of Rp148.9 billion, partially offset by a decrease in assets under construction
of Rp180.4 billion and a decrease in buildings, including renovations and installations, of Rp64.2 billion.
Fixed assets are used to support CIMB Niaga’s operational activities. In 2025, CIMB Niaga’s fixed assets in the form of
buildings and motor vehicles were insured against fire, theft, and other risks with PT Lippo General Insurance Tbk, with
a total sum insured of Rp6.8 trillion and nil in USD. Management believes that the insurance coverage is adequate to
cover potential losses on the insured assets. There were no fixed assets of CIMB Niaga or its Subsidiaries pledged as
collateral for borrowings.
(in million Rupiah)
Growth (%)
Fixed Assets - Net 2025 2024 2023
2024–2025 2023–2024
Cost
Land 3,907,672 3,555,225 3,602,699 9.91 (1.32)
Buildings, including renovation and installation 2,545,876 2,610,121 2,983,451 (2.46) (12.51)
Office equipment, machines, and furniture 2,976,380 2,827,439 2,761,732 5.27 2.38
Motor vehicles 181,202 28,909 29,807 526.80 (3.01)
Assets in progress – fixed assets 210,867 391,273 185,638 (46.11) 110.77
Accumulated depreciation
Buildings, including renovation and installation (534,797) (759,332) (995,997) (29.57) (23.76)
Office equipment, machines, and furniture (2,042,711) (1,833,878) (1,778,455) 11.39 3.12
Motor vehicles (43,178) (16,262) (14,139) 165.51 15.01
Fixed assets - net 7,201,311 6,803,495 6,774,736 5.85 0.42
INTANGIBLE ASSETS
CIMB Niaga recorded intangible assets amounting to Rp2.03 trillion in 2025, slightly decreasing from Rp2.04 trillion in
2024. The decrease was attributable to an increase in accumulated amortization of Rp466.4 billion, partially offset by an
increase in intangible assets of Rp380.0 billion.
(in million Rupiah)
Growth (%)
Intangible Assets - Net 2025 2024 2023
2024–2025 2023–2024
Cost
Intangible assets 4,641,508 4,261,469 3,749,297 8.92 13.66
Others 727 487 - 49.28 100.00
Assets in progress 602,356 531,836 617,296 13.26 (13.84)
Accumulated amortization
Intangible assets (3,215,854) (2,749,412) (2,291,937) 16.97 19.96
Intangible assets - net 2,028,737 2,044,380 2,074,656 (0.77) (1.46)
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OTHER ASSETS
Other assets consist of several accounts other than those previously described. In 2025, CIMB Niaga’s other assets
amounted to Rp18.0 trillion, increasing by 3.43% or Rp597.4 billion compared with Rp17.4 trillion in 2024. The increase
was mainly driven by a rise in other assets of Rp1.8 trillion, partially offset by a decrease in acceptance receivables of
Rp816.5 billion.
(in million Rupiah)
Growth (%)
Other Assets 2025 2024 2023
2024–2025 2023–2024
Derivative receivables 773,692 1,184,890 849,014 (34.70) 39.56
Acceptance receivables 1,935,458 2,751,967 1,093,453 (29.67) 151.68
Investments 23,143 23,143 3,659 - 532.50
Foreclosed assets 462,372 419,166 236,480 10.31 77.25
Prepaid taxes 3,060,883 3,192,348 1,928,984 (4.12) 65.49
Accrued income 3,104,033 3,027,711 3,414,197 2.52 (11.32)
Prepaid expenses 1,259,147 1,218,479 1,195,194 3.34 1.95
Deferred tax assets 156,754 117,989 1,377,659 32.85 (91.44)
Other assets 7,224,715 5,467,136 4,634,033 32.15 17.98
Total 18,000,197 17,402,829 14,732,673 3.43 18.12
DERIVATIVE RECEIVABLES PREPAID TAXES
In 2025, derivative receivables declined by 34.70% or Prepaid taxes decreased by 4.12% or Rp131.5 billion
Rp411.2 billion to Rp773.7 billion, compared with Rp1.2 to Rp3.1 trillion. This decrease was mainly due to a
trillion in the previous year. The decrease was mainly reduction in corporate income tax prepayments for
attributable to a reduction in interest rate swaps of 2023 of Rp194.2 billion, partially offset by an increase in
Rp212.7 billion, a decrease in foreign currency forward corporate income tax prepayments for 2020 amounting
contracts of Rp70.0 billion, and a decline in foreign to Rp73.1 billion.
currency option contracts of Rp47.5 billion.
ACCRUED INCOME
ACCEPTANCE RECEIVABLES Accrued income increased by Rp76.3 billion to Rp3.1
Acceptance receivables decreased by Rp816.5 billion trillion from Rp3.0 trillion in the previous year. The
to Rp1.9 trillion from Rp2.8 trillion in the previous year. increase was driven by a rise in interest receivables from
The decline was primarily due to a decrease in Rupiah- loans of Rp70.4 billion, and a increase of Rp5.9 billion in
denominated acceptance receivables of Rp664.7 billion interest receivables from placements with other banks
and a reduction in foreign currency-denominated and Bank Indonesia, securities, government bonds, and
acceptance receivables of Rp180.1 billion. securities purchased under resale agreements.
EQUITY INVESTMENTS PREPAID EXPENSES
CIMB Niaga’s equity investments mainly consist of Prepaid expenses increased by Rp40.7 billion to Rp1.3
investments in venture capital banks in Indonesia. trillion from Rp1.2 trillion in the previous year. The
In 2025, CIMB Niaga’s equity investments remained increase was mainly attributable to higher prepaid
unchanged from the previous year at Rp23.1 billion. expense for maintenance and renovation expenses of
Rp30.6 billion and prepaid expense for rental expenses of
FORECLOSED ASSETS Rp31.6 billion, partially offset by a decrease in customer
In 2025, foreclosed assets increased by Rp43.2 billion rewards of Rp54.3 billion.
to Rp462.4 billion, compared with Rp419.2 billion in the
previous year. CIMB Niaga continues to undertake efforts DEFERRED TAX ASSETS
to resolve the foreclosed assets held. The allowance for As of the end of 2025, deferred tax assets increased by
impairment losses on foreclosed assets amounted to Rp38.8 billion to Rp156.8 billion compared with Rp118.0
Rp354.3 billion. Management believes that the allowance billion in the previous year. The increase in deferred tax
for impairment losses is adequate to cover potential assets was primarily attributable to the implementation
losses on foreclosed assets. of Regulation of the Minister of Finance of the Republic
of Indonesia No. 74 of 2024 (MoF-74 of year 2024). Under
this regulation, there was an excess difference between
the carrying amount of the allowance for uncollectible
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receivables at the beginning of Fiscal Year 2024 calculated based on MoF-74 of year 2024 and the carrying amount of
the allowance for uncollectible receivables at the beginning of Fiscal Year 2024 calculated based on Regulation of the
Minister of Finance of the Republic of Indonesia No. 81 of 2009 (MoF-81 of year 2009).
OTHER ASSETS
In 2025, other assets increased by Rp1.8 trillion to Rp7.2 trillion compared with Rp5.5 trillion in the previous year. The
increase was mainly driven by receivables from the sale of marketable and government bonds and others, which rose
by Rp1.7 trillion, as well as receivables related to export and import transactions of Rp212.0 billion, partially offset by a
decrease in receivables related to ATM and credit card transactions of Rp81.8 billion.
LIABILITIES
CIMB Niaga continuously diversifies its funding sources derived from customer deposits, deposits from other banks,
borrowings, and the issuance of corporate bonds. This funding diversification strategy is implemented to maintain
a healthy, stable, and balanced funding structure. These efforts are aligned with the Bank’s focus on optimizing the
mobilization of lower-cost funds, particularly through increasing the proportion of current accounts and savings
accounts, to support cost-of-funds efficiency and strengthen the Bank’s competitiveness on a sustainable basis. In 2025,
CIMB Niaga successfully managed customer deposits, as reflected in an increase in the CASA ratio to 70.03% from
66.02% in the previous year.
(in million Rupiah)
Growth (%)
Liabilities 2025 2024 2023
2024–2025 2023–2024
Customer Deposits 270,522,780 260,639,027 235,861,670 3.79 10.51
Deposits from Other Banks 7,366,310 5,959,468 1,760,447 23.61 238.52
Marketable Securities Issued 3,685,222 1,687,452 2,297,702 118.39 (26.56)
Securities Sold under Repurchase Agreement 11,514,958 11,288,963 20,426,826 2.0 (44.73)
Subordinated Loans - 74,514 155,619 (100.00) (52.12)
Borrowings 4,455,255 8,487,935 6,288,525 (47.51) 34.97
Other Liabilities 16,997,185 18,886,824 18,241,073 (10.01) 3.54
Total Liabilities 314,514,710 307,024,183 285,031,862 2.45 7.72
DEPOSITS FROM CUSTOMERS
In 2025, the Bank recorded positive growth in customer deposits, reaching a total of Rp270.5 trillion, an increase of
3.79% from Rp260.6 trillion in 2024. Current accounts were the largest contributor to customer deposits, accounting for
38.10% or Rp103.1 trillion, up 12.30% from Rp91.8 trillion in the previous year.
Customer deposits from savings products increased by 7.60% to Rp86.4 trillion, while time deposits amounted to Rp81.1
trillion. The growth in customer deposits was driven by an increase in low-cost funds, or CASA products, of 10.11%, in
line with the CASA ratio which rose to 70.03% compared to 66.02% in the previous year. This achievement was aligned
with CIMB Niaga’s focus on securing low-cost funding sources to support loan disbursement.
Various initiatives and programs through direct promotions and product bundling, as well as improvements in customer
experience, should further increase the volume of low-cost funds.
(in million Rupiah)
Growth (%)
Customer Deposits 2025 2024 2023
2024–2025 2023–2024
Current Accounts 103,079,287 91,788,134 73,201,803 12.30 25.39
Savings Accounts 86,381,232 80,279,071 77,430,824 7.60 3.68
Time Deposit 81,062,261 88,571,822 85,229,043 (8.48) 3.92
Total 270,522,780 260,639,027 235,861,670 3.79 10.51
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CUSTOMER DEPOSITS BY CURRENCY
In 2025, The Bank’s Rupiah-denominated deposits continued to dominate the customer deposits CIMB Niaga has
collected from its customers, contributing 81.72% or equivalent to Rp221.1 trillion, while the remaining 18.28%, or
Rp49.5 trillion, consisted of were foreign currency-denominated. This composition did not change much from the
previous years, where the corresponding figures were recorded at 82.97% and 17.03%, respectively.
(in million Rupiah)
Growth (%)
Customer Deposits by Currency 2025 2024 2023
2024–2025 2023–2024
Rupiah 221,058,084 216,253,801 197,576,309 2.22 9.45
Foreign Currencies 49,464,696 44,385,226 38,285,361 11.44 15.93
Total 270,522,780 260,639,027 235,681,670 3.79 10.51
COMPOSITION OF TIME DEPOSITS BY MATURITY
In 2025, CIMB Niaga had well diversified time deposit products. Time deposits with maturities of more than 12 months
accounted for the largest proportion, contributing 31.55% or Rp25.6 trillion. Next was time deposits with maturities of
more than 1 month up to 3 months, contributing 27.01% or Rp21.9 trillion. Time deposits with maturities of more than
3 months up to 6 months, up to 1 month, and more than 6 months up to less than 12 months recorded proportions of
21.26%, 13.77%, and 6.38%, respectively.
(in million Rupiah)
Growth (%)
Time Deposits by Maturity 2025 2024 2023
2024–2025 2023–2024
≤ 1 month 11,170,059 7,880,838 5,644,249 41.74 39.63
> 1 - ≤ 3 months 21,902,568 32,923,463 25,113,626 (33.47) 31.10
> 3 - ≤ 6 months 17,236,798 15,996,897 22,054,914 7.75 (27.47)
> 6 - ≤ 12 months 5,177,180 6,771,501 6,398,290 (23.54) 5.83
> 12 months 25,575,656 24,999,123 26,017,964 2.31 (3.92)
Total Time Deposit 81,062,261 88,571,822 85,229,043 (8.48) 3.92
Composition of Time Deposits
by Maturity
(%)
30.52 28.22 31.55
> 12 months
7.50 7.64 6.38
18.06 > 6 - ≤ 12 months
25.87 21.26
> 3 - ≤ 6 months
37.17 27.01
29.46 > 1 - ≤ 3 months
6.62 8.89 13.77 ≤ 1 month
2023 2024 2025
Information on the average annual interest rates of customer deposits is as follows:
(in %)
2025 2024 2023
Customer Deposits Foreign Foreign
Foreign
Rupiah Rupiah Rupiah
Currencies Currencies Currencies
Current Accounts 3.32 2.08 3.17 1.71 2.39 0.98
Savings Accounts 2.27 1.01 3.01 1.61 2.22 0.95
Time Deposits 5.54 3.59 5.83 3.26 5.13 2.60
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CUSTOMER DEPOSITS BY SEGMENTATION
In 2025, the growth in customer deposits was mainly driven by the EBB, Commercial, and Consumer Banking segments,
which recorded increases of 14.36%, 3.01%, and 2.72%, respectively, reaching Rp47.9 trillion, Rp26.4 trillion, and Rp120.0
trillion. Meanwhile, customer deposits from the Corporate Banking segment stood at Rp76.1 trillion.
(in trillion Rupiah)
Growth (%)
Customer Deposits 2025 2024 2023
2024–2025 2023–2024
Corporate Banking 76.1 76.2 61.0 (0.11) 25.00
Commercial Banking 26.4 25.7 21.4 3.01 19.63
EBB 47.9 41.9 36.7 14.36 14.25
Consumer Banking 120.0 116.9 116.8 2.72 0.09
Total 270.5 260.6 235.9 3.79 10.51
Composition of Customer Deposits by Segmentation
(%)
49.50 25.84 44.84 29.23 44.37 28.13
9.09 9.84 9.77
15.56 16.09 17.72
2023 2024 2025
Corporate Banking Commercial Banking EBB Consumer Banking
DEPOSITS FROM OTHER BANKS
In 2025, CIMB Niaga recorded total deposits from other banks of Rp7.4 trillion, an increase of 23.61% compared to
Rp6.0 trillion in the previous year. The increase in deposits from other banks was mainly driven by interbank call money
placements of Rp4.2 trillion, contributing 56.34% to total deposits from other banks in 2025.
(in million Rupiah)
Growth (%)
Deposits from Other Banks 2025 2024 2023
2024–2025 2023–2024
Current Accounts 2,909,669 3,112,052 1,491,830 (6.50) 108.61
Savings Accounts 6,266 16,522 13,965 (62.07) 18.31
Interbank call money 4,150,000 2,395,000 - 73.28 100.00
Time deposits 300,375 435,894 254,652 (31.09) 71.17
Total 7,366,310 5,959,468 1,760,447 23.61 238.52
DEPOSITS FROM OTHER BANKS BY CURRENCY Composition of Deposits from Other Banks by Currency
Deposits from other banks were predominantly (%)
denominated in Rupiah. In 2025, deposits from other
banks in Rupiah increased by 32.60%, or Rp1.6 trillion, 15.78 15.69 9.56
to Rp6.7 trillion. In contrast, deposits from other banks
denominated in foreign currencies declined by 24.72%
to Rp0.7 trillion. The composition of deposits in Rupiah 84.22 84.31 90.44
and foreign currencies amounted to 90.44% and 9.56%,
Foreign Currencies
respectively, in 2025.
Rupiah
2023 2024 2025
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MARKETABLE SECURITIES ISSUED
As of 31 December 2025, subsidiaries issued The Continuous Sukuk Wakalah Bi Al-Istitsmar I of CIMB Niaga Auto Finance
Phase II Series A and B amounting to Rp1.6 trillion and The Continuous Sukuk Wakalah Bi Al-Istitsmar I of CIMB Niaga
Auto Finance Phase III Series A and B amounting to to Rp1.5 trillion. The bank recorded bonds that had not matured yet
as of 31 December 2025, including:
Bond Name Nominal (billion) Nisbah/Coupon Issuance Date Maturity Date
Sukuk Wakalah Bi Rp300.0 (Series B) 7.15% 8 February 2023 8 February 2026
Al- Istitsmar I CIMB Niaga
Auto Finance Year 2023
The continuous Sukuk Rp290.0 (Series B) 7.10% 9 July 2024 9 July 2027
Wakalah Bi Al-Istitsmar
I of CIMB Niaga Auto
Finance Phase I Year 2024
The continuous Sukuk Rp1.200.0 (Series A) 6.70% 13 March 2025 23 March 2026
Wakalah Bi Al-Istitsmar I of
CIMB Niaga Auto Finance
Phase II Year 2025
The continuous Sukuk Rp400.0 (Series B) 7.00% 13 March 2025 13 March 2028
Wakalah Bi Al-Istitsmar I of
CIMB Niaga Auto Finance
Phase II Year 2025
The continuous Sukuk Rp1.105.0 (Series A) 6.15% 3 September 2025 13 September 2026
Wakalah Bi Al-Istitsmar I of
CIMB Niaga Auto Finance
Phase III Year 2025
The continuous Sukuk Rp395.0 (Series B) 6.50% 3 September 2025 3 September 2028
Wakalah Bi Al-Istitsmar I of
CIMB Niaga Auto Finance
Phase III Year 2025
The ratings of marketable securities issued by CIMB Niaga, based on PT Pefindo’s credit rating in 2024, were idAAA, while
the ratings of marketable securities issued by its Subsidiaries, based on PT Fitch Ratings’ credit rating, were AAAidn. In
2025, there were also bonds that matured as follows:
Bond Name Nominal (billion) Nisbah/Coupon Issuance Date Maturity Date
Sustainable Sukuk Rp391.0 (Series C) 7.25% 19 March 2020 27 March 2025
Mudharabah I CIMB
Niaga Bank Phase III
Year 2020
Sustainable Sukuk Rp710.0 (Series A) 6.80% 9 July 2024 19 July 2025
Wakalah Bi Al-Istitsmar
I CIMB Niaga Auto
Finance Phase I Year
2024
With the maturity of bonds and the issuance of sukuk as SECURITIES SOLD UNDER REPURCHASE AGREEMENTS
mentioned above, the total outstanding issued securities In 2025, the amount of repo securities reached Rp11.5
as of the end of 2025 amounted to Rp3.7 trillion, or an trillion, an increase of 2.00% compared with Rp11.3 trillion
increase of 118.39% compared with Rp1.7 trillion in 2024. in 2024. Securities sold under repurchase agreements
with Bank Indonesia as the counterparty totaled Rp6.9
SUBORDINATED LOANS trillion, while those with other banks as counterparties
In 2025, CIMB Niaga had no outstanding subordinated amounted to Rp4.6 trillion.
bonds. This was due to the maturity of Bank CIMB Niaga
Subordinated Bond III Year 2018 (Series B) amounting to BORROWINGS
Rp74.5 billion on 15 November 2025. As of 31 December 2025, borrowings were obtained
from subsidiaries. In 2025, total borrowings amounted
to Rp4.5 trillion, representing a decrease of 47.51% from
Rp8.5 trillion in 2024. The borrowings were denominated
in Rupiah.
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(in million Rupiah)
Growth (%)
Borrowings 2025 2024 2023
2024–2025 2023–2024
Rupiah 4,455,255 6,878,435 3,825,005 (35.23) 79.83
Foreign Currencies - 1,609,500 2,463,520 (100.0) (34.67)
Total 4,455,255 8,487,935 6,288,525 (47.51) 34.97
OTHER LIABILITIES
In 2025, CIMB Niaga recorded total other liabilities of Rp17.0 trillion, representing a decrease of 10.01% compared with
Rp18.9 trillion in the previous year. This decrease was mainly attributable to a decrease in acceptance liabilities of Rp0.8
trillion and a decrease in derivative payables of Rp0.3 trillion.
(in million Rupiah)
Growth (%)
Other Liabilities 2025 2024 2023
2024–2025 2023–2024
Acceptance payables 1,937,050 2,761,800 1,102,091 (29.86) 150.60
Accrued expenses and accrued interest 2,211,949 2,420,531 3,312,528 (8.62) (26.93)
Obligations due immediately 3,892,219 4,473,871 3,581,921 (13.00) 24.90
Employee benefit obligations 1,661,393 1,609,404 1,540,595 3.23 4.47
Taxes payables 393,219 347,275 434,853 13.23 (20.14)
Derivative payables 598,119 906,630 540,051 (34.03) 67.88
Other Liabilities 6,303,236 6,367,313 7,729,034 (1.01) (17.62)
Total 16,997,185 18,886,824 18,241,073 (10.01) 3.54
ACCEPTANCE PAYABLES TAX PAYABLES AND DEFERRED TAX LIABILITIES
Acceptance payables decreased by Rp0.8 trillion to Rp1.9 Tax payables amounted to Rp393.2 billion, representing
trillion compared with Rp2.8 trillion in the previous year. an increase of 13.23% or Rp45.9 billion compared with
The decline mainly came from Rupiah-denominated Rp347.3 billion in the previous year. The increase was
acceptance liabilities amounting to Rp644.7 billion, while primarily driven by corporate income tax payable under
foreign currency acceptance liabilities decreased by Article 25/29 amounting to Rp162.5 billion, offset by a
Rp180.0 billion. decrease in income tax payables under Articles 4(2), 21,
23, and 26 totaling Rp96.4 billion. In 2025, there were no
ACCRUED EXPENSES AND ACCRUED INTEREST deferred tax liabilities.
Accrued expenses decreased by 8.62%, or Rp0.2 trillion, to
Rp2.2 trillion compared with Rp2.4 trillion in the previous DERIVATIVE PAYABLES
year. Accrued expenses mainly consist of accrued third- Derivative liabilities declined by 34.03% or Rp308.5
party expenses. billion to Rp598.1 billion compared with Rp906.6 billion
in the previous year. The decrease was mainly due to a
OBLIGATIONS DUE IMMEDIATELY reduction in interest rate swaps amounting to Rp127.3
Obligations due immediately recorded a decrease of billion and foreign exchange swaps amounting to
13.00% to Rp3.9 trillion compared with Rp4.5 trillion in Rp134.7 billion.
the previous year. The decrease was driven by a decline
in transfer payables of RpRp1.0 trillion and card-related OTHER LIABILITIES
payables of Rp0.03 trillion, offset by an increase in Other liabilities decreased slightly by 1.01% or Rp64.1
liabilities arising from purchases of marketable securities billion to Rp6.3 trillion compared with Rp6.4 trillion in the
and Government Bonds and Others amounting to Rp0.4 previous year. The decline was mainly attributable to a
trillion. decrease in lease liabilities of Rp53.1 billion.
EMPLOYEE BENEFITS OBLIGATIONS EQUITY
Employee benefits obligations were recorded at Rp1.7 In 2025, CIMB Niaga’s total equity increased by 9.33%
trillion, increasing by 3.23% or Rp52.0 billion. This was compared with the previous year’s Rp53.2 trillion, reaching
mainly attributable to an increase in accrued bonus Rp58.2 trillion. The increase in equity was mainly driven
amounting to Rp58.9 billion. by a rise in retained earnings of Rp3.0 trillion, in line with
208 PT BANK CIMB NIAGA TBK 2025 Annual Report
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the Bank’s net profit recorded throughout 2025. This reflects solid financial performance as well as the Bank’s ability to
continuously strengthen its capital structure.
(in million Rupiah)
Growth (%)
Equity 2025 2024 2023
2024–2025 2023–2024
Share Capital 1,612,787 1,612,787 1,612,257 - 0.03
Additional Paid-in Capital 7,135,019 7,135,003 7,068,257 0.00 0.94
Treasury shares (2,366) (5,649) (135,104) (58.12) (95.82)
Reserve on revaluation of fixed assets 4,695,405 4,176,647 4,181,209 12.42 (0.11)
General and Statutory Reserves 371,525 371,525 351,538 - 5.69
Unrealized Gains/(Losses) of marketable securities 436,832 (963,166) (879,270) (145.35) 9.54
and government bonds on fair value through other
comprehensive income - net
Other equity 48,609 55,271 101,400 (12.05) (45.49)
Retained earnings 43,642,046 40,616,769 36,892,257 7.45 10.10
Non-controlling interest 217,326 197,140 144,827 10.24 36.12
Total Equity 58,157,183 53,196,327 49,337,371 9.33 7.82
SHARE CAPITAL AND ADDITIONAL PAID-IN CAPITAL capital. The law does not stipulate a specific timeframe
In 2025, CIMB Niaga’s share capital and additional paid- for the establishment of such reserves.
in capital remained unchanged from the previous year at
Rp1.6 trillion and Rp7.1 trillion, respectively. UNREALIZED GAINS/(LOSSES) ON MARKETABLE
SECURITIES AND GOVERNMENT BONDS ON THE FAIR
TREASURY SHARES VALUE THROUGH OTHER COMPREHENSIVE INCOME
In 2025, treasury shares declined by Rp3.3 billion, or In 2025, CIMB Niaga recorded a reversal in the position
58.12%, compared with the 2024 position. During 2025 and of unrealized (losses)/gains on marketable securities
2024, the number of treasury shares granted to employees and government bonds measured at fair value through
under the MRT (Material Risk Taker) program amounted other comprehensive income, from an unrealized loss of
to 2,721,500 and 2,946,600 shares, respectively. In 2025, Rp963.2 billion to an unrealized gain of Rp436.8 billion.
there were no remaining treasury shares that were not
exercised under the MESOP program. CIMB Niaga had OTHER EQUITY
transferred the remaining treasury shares through the In 2025, CIMB Niaga recorded other equity of Rp48.6
stock exchange in accordance with prevailing regulations, billion, showing a slight decrease of 12.05% from
totaling 100,148,782 shares in 2024. Rp53.3 billion in the previous year. This decline was
mainly attributable to a reduction in the share-based
RESERVE ON REVALUATION OF FIXED ASSETS compensation reserve.
In 2025, CIMB Niaga conducted a revaluation of fixed
assets—land and buildings—by an external independent RETAINED EARNINGS
appraiser, KJPP Antonius Setiady & Rekan. Reserve Retained earnings increased by 7.45%, or Rp3.0 trillion,
on revaluation of fixed assets in the equity section to Rp43.6 trillion compared with Rp40.6 trillion in the
amounting to Rp539.0 billion, deducted by the sale of previous year. This balance includes the distribution of
revalued asset amounting to Rp20.2 billion. cash dividends from net profit for the 2024 financial year
amounting to Rp3.9 trillion.
GENERAL AND STATUTORY RESERVES
Pada In 2025, CIMB Niaga’s general and statutory NON-CONTROLLING INTEREST
reserves remained unchanged from the previous year The balance of non-controlling interest increased by
at Rp371.5 billion. These general and statutory reserves Rp20.2 billion to Rp217.3 billion compared with Rp197.1
were established in accordance with the Law No. 1/1995 billion in the previous year, in line with higher profits of
of the Republic of Indonesia, which was replaced by Law subsidiaries.
No. 40/2007 effective 16 August 2007 on Limited Liability
Companies, requiring companies to set aside general
reserves of at least 20% of issued and fully paid-up
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Consolidated Statements of Profit and Loss
and Other Comprehensive Income
(in million Rupiah)
Consolidated Statements of Profit and Loss and Growth (%)
Other Comprehensive Income
2025 2024 2023
2024–2025 2023–2024
Interest and sharia income 24,671,960 24,227,316 22,306,000 1.84 8.61
Interest and sharia expenses (11,195,671) (10,960,776) (8,953,617) 2.14 22.42
Net interest and sharia income 13,476,289 13,266,540 13,352,383 1.58 (0.64)
Other fees and commissions 2,958,926 3,002,087 3,154,830 (1.44) (4.84)
Foreign exchange losses/(gains) (64,241) 764,866 176,255 (108.40) 333.95
Others 768,314 931,979 479,126 (17.56) 94.52
Total other operating income 3,662,999 4,698,932 3,810,211 (22.05) 23.32
Gains from financial instrument measured at fair 127,445 465,526 1,097,419 (72.62) (57.58)
value trough profit or loss
Gains from sales of financial assets 2,168,955 486,538 525,507 345.79 (7.42)
Total non-interest income 5,959,399 5,650,996 5,433,137 5.46 4.01
Impairment losses on financial and non-financial (1,685,457) (1,805,250) (2,006,613) (6.64) (10.03)
assets
Personnel expenses (5,293,129) (5,135,231) (4,947,412) 3.07 3.80
General and administrative expenses (3,333,308) (3,204,195) (3,216,291) 4.03 (0.38)
Promotion expenses (341,709) (409,973) (419,824) (16.65) (2.35)
Total other operating expenses (8,968,146) (8,749,399) (8,583,527) 2.50 1.93
Operating income - net 8,782,085 8,362,887 8,195,380 5.01 2.04
Non-operating income/(expenses) - net 43,680 365,900 161,892 (88.06) 126.01
Profit before income tax 8,825,765 8,728,787 8,357,272 1.11 4.45
Income tax expense (1,890,380) (1,829,853) (1,805,871) 3.31 1.33
Net income 6,935,385 6,898,934 6,551,401 0.53 5.30
Other comprehensive income net of tax 1,962,809 (89,119) 248,796 (2.302.46) (135.82)
Total comprehensive income 8,898,194 6,809,815 6,800,197 30.67 0.14
INTEREST AND SHARIA INCOME
(in million Rupiah)
Growth (%)
Interest and Sharia Income 2025 2024 2023
2024–2025 2023–2024
Loans 18,411,318 17,961,129 16,817,788 2.51 6.80
Marketable securities, government bonds, and 5,867,311 5,912,240 5,059,982 (0.76) 16.84
securities purchased under resale agreements
Placements and current accounts with Bank 393,331 353,947 428,230 11.13 (17.35)
Indonesia and other banks
Total 24,671,960 24,227,316 22,306,000 1.84 8.61
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In 2025, CIMB Niaga recorded interest and sharia income recorded interest income from securities, government
of Rp24.7 trillion, representing an increase of 1.84% from bonds, and securities purchased under resale
Rp24.2 trillion in 2024. This achievement was mainly agreements of Rp5.9 trillion, compared with Rp5.9 trillion
driven by interest income from loans, which increased by in the previous year. This was in line with the decline in
2.51% to Rp18.4 trillion from Rp18.0 trillion in the previous the average balance of securities and government bonds.
year. The Bank’s average lending interest rate for Rupiah-
denominated loans in 2025 was 8.11%, slightly lower Interest and Sharia Income Composition 2025
(%)
than 8.32% in the previous year. Meanwhile, the average
1.59
lending interest rate for foreign currency–denominated
loans in 2025 was 5.36%, down from 6.22% in 2024. 25.30
Loans/Financing
Marketable securities,
Interest income from placements and current accounts government bonds, and
securities purchased
with other banks and Bank Indonesia amounted to under resale agreements
Rp393.3 billion, an increase of 11.13% from Rp353.9 Placements and current
accounts with Bank
billion in the previous year. On the other hand, the Bank Indonesia and other banks
74.62
INTEREST AND SHARIA EXPENSES
(in million Rupiah)
Growth (%)
Interest and Sharia Expenses 2025 2024 2023
2024–2025 2023–2024
Customer Deposits: 9,728,530 9,260,620 7,714,519 5.05 20.04
Current accounts 2,933,498 2,310,262 1,543,819 26.98 49.65
Savings accounts 2,239,507 2,183,407 2,086,398 2.57 4.65
Time deposits and certificates of deposit 4,555,525 4,766,951 4,084,302 (4.44) 16.71
Borrowings and subordinates loans 416,704 641,740 314,525 (35.07) 104.03
Marketable securities issued 198,086 153,385 172,905 29.14 (11.29)
Securities purchased under resale agreements 561,407 797,318 725,624 (29.59) 9.88
Deposits from other banks 206,992 36,152 12,040 472.56 200.27
Others 83,952 71,561 14,004 17.32 411.00
Total 11,195,671 10,960,776 8,953,617 2.14 22.42
In 2025, CIMB Niaga recorded interest and sharia Customer Deposits Composition 2025
expenses of Rp11.2 trillion, an increase of 2.14% from (%)
Rp11.0 trillion in 2024. This was mainly influenced by
higher interest expenses on customer deposits, which 30.15
46.83
rose to Rp9.7 trillion, increasing by 5.05% from Rp9.3
trillion in 2024. Of the total interest and sharia expenses
Current Accounts
in 2025, interest expenses on customer deposits
Savings Accounts
contributed 86.90%, compared with 84.49% in 2024.
Time Deposits
23.02
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Interest expenses on time deposits and certificates of NET INTEREST INCOME
deposit were the largest component of interest expenses In 2025, the Bank’s net interest income increased by
on customer deposits, amounting to 46.83% or Rp4.6 1.58% to Rp13.5 trillion from Rp13.3 trillion in 2024. The
trillion. Interest expenses on time deposits in 2025 increase in net interest income was driven by higher
declined by 4.44% from Rp4.8 trillion in the previous year. interest and sharia income. Net Interest Margin (NIM)
The average Rupiah-denominated time deposit interest stood at 3.97% in 2025, compared with 4.09% in 2024.
rate decreased to 5.54% in 2025 from 5.83% in 2024,
while those of foreign currency-denominated deposit Net Interest Income (in trillion Rupiah)
increased to 3.59% compared with 3.25% in the previous and NIM
4.81%
year’s. Interest expenses on current accounts increased 4.62% 4.72%
by 26.98%, followed by an increase in savings interest 4.40%
4.09%
expenses of 2.57%. 3.97%
13,352 13,267 13,476
Interest expenses on borrowings and subordinated
bonds declined by 35.07% to Rp416.7 billion in 2025 from
NIM CIMB Niaga
Rp641.7 billion in 2024. Interest expenses on securities
NIM Industry
issued amounted to Rp198.0 billion, increasing by 29.14%
(Source: SPI Dec 2025, OJK)
from Rp153.4 billion in the previous year.
2023 2024 2025
NON-INTEREST INCOME
In 2025, non-interest income amounted to Rp6.0 trillion, an increase of 5.46% from Rp5.7 trillion in 2024. This was
mainly attributable to higher gains from the sale of securities amounting to Rp1.7 trillion, offset by a decline in foreign
exchange transaction losses of Rp829.1 billion and a decrease in gains from changes in the fair value of trading financial
instruments of Rp338.1 billion.
(in million Rupiah)
Growth (%)
Non-Interest Income 2025 2024 2023
2024–2025 2023–2024
Other fees & commissions 2,958,926 3,002,087 3,154,830 (1.44) (4.84)
Gains from measured at fair value through profit 127,445 465,526 1,097,419 (72.62) (57.58)
or loss-net
Gains from sale of marketable securities 2,168,955 486,538 525,507 345.79 (7.42)
Foreign exchange losses/(gains) (64,241) 764,866 176,255 (108.40) 333.95
Others 768,314 931,979 479,126 (17.56) 94.52
Total 5,959,399 5,650,996 5,433,137 5.46 4.01
The largest portion of non-interest income was derived from other fees and commissions, contributing 49.65%. This
proportion declined slightly from 53.12% in the previous year. The decrease in other fees and commissions was mainly
due to lower other income and bancassurance income of Rp233.3 billion and Rp139.8 billion, representing declines of
56.61% and 14.44%, respectively from the previous year.
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(in million Rupiah)
Growth (%)
Other Fees & Commissions 2025 2024 2023
2024–2025 2023–2024
Bancassurance income 828,778 968,612 1,116,896 (14.44) (13.28)
Customer administration fees 734,567 858,396 830,960 (14.43) 3.31
Arranger fees 344,213 269,185 294,188 27.87 (8.50)
Export-import document fees 132,327 109,754 98,798 20.57 11.09
Custodian services fees 63,696 41,209 91,510 54.57 (54.97)
Clearing and transfer services 107,851 94,003 100,810 14.73 (6.75)
Credit card interchange fee income 481,725 152,921 - 215.02 -
Annual fee income 79,599 88,579 79,859 (10.14) 10.92
Others 186,170 419,428 541,839 (55.61) (22.59)
Total 2,958,926 3,002,087 3,154,830 (1.44) (4.84)
In 2025, CIMB Niaga recorded a fee income ratio (non-interest income to total operating income) of 30.66%, an increase
from 29.87% in the previous year.
IMPAIRMENT LOSSES ON FINANCIAL AND NON-FINANCIAL ASSETS
In 2025, the provision for Allowance for Impairment Losses (CKPN) declined by Rp119.8 billion, or 6.64%, to Rp1.7 trillion
from Rp1.8 trillion in 2024. The decrease was mainly attributable to lower CKPN for loans, which fell by 19.06% to Rp1.4
trillion, offset by an increase in other CKPN of Rp219.2 billion, primarily due to higher CKPN for foreclosed assets (AYDA)
and CKPN for commitments and contingencies amounting to Rp184.7 billion and Rp145.6 billion, respectively. This
increase was offset by a decrease in CKPN for suspense accounts and other receivables of Rp132.4 billion. Other CKPN
also included provisions for marketable securities, investments, and placements with other banks.
CIMB Niaga consistently applies the prudential principle in establishing asset provisions, particularly for loans, as
reflected in the Loan Loss Coverage (LLC) ratio of 197.83% in 2025.
(in million Rupiah)
Impairment Losses on Financial and Growth (%)
Non-Financial Assets
2025 2024 2023
2024–2025 2023–2024
Loans 1,439,971 1,779,014 2,012,714 (19.06) (11.61)
Others 245,486 26,236 (6,101) 835.68 (530.03)
Total (1,685,457) (1,805,250) (2,006,613) (6.64) (10.03)
OTHER OPERATING EXPENSES
Other operating expenses increased by 2.50% in 2025 to Rp9.0 trillion compared with Rp8.7 trillion in 2024. The increase
was mainly due to higher personnel expenses, which rose by Rp157.9 billion or 3.07% to Rp5.3 trillion in 2025 from
Rp5.1 trillion in 2024.
(in million Rupiah)
Growth (%)
Other Operating Expenses 2025 2024 2023
2024–2025 2023–2024
Personnel expenses 5,293,129 5,135,231 4,947,412 3.07 3.80
General and administrative expenses 3,333,308 3,204,195 3,216,291 4.03 (0.38)
Promotion expenses 341,709 409,973 419,824 (16.65) (2.35)
Total 8,968,146 8,749,399 8,583,527 2.50 1.93
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PERSONNEL EXPENSES bad costs. This approach enables the Bank to continue
Personnel expenses in 2025 increased by 3.07% to Rp5.3 improving operational efficiency without compromising
trillion compared with Rp5.1 trillion in 2024. The increase service quality or business performance.
was mainly attributable to higher salaries and wages,
which rose to Rp2.8 trillion from Rp2.7 trillion in the Through the adoption of this culture, CIMB Niaga has
previous year. implemented various innovations in cost efficiency
programs across all business lines, supporting more
Personnel Expenses effective cost management and strengthening the Bank’s
(in billion Rupiah)
long-term competitiveness and sustainability.
179 177 187
Furthermore, CIMB Niaga carefully manages both
2,204 2,306 2,311
general (Operating Expenses - Opex) and capital goods
investment costs (Capital expenditures - Capex), which are
Training and education
monitored by the Mandatory Reviewer Team led by the
2,564 2,652 2,795 Strategy & Finance Director. This dedicated team reflects
Allowances
CIMB Niaga’s commitment to responsible cost efficiency
Salaries and wages
by providing assessments and recommendations on
2023 2024 2025 the appropriateness of costs arising from each business
process.
GENERAL AND ADMINISTRATIVE EXPENSES
In 2025, general and administrative expenses increased In 2025, the Bank continued several initiatives to improve
slightly by 4.03% or Rp129.1 billion, mainly due to higher operational cost efficiency, including implementing
professional fees of Rp185,4 billion, offset by decreases prudent investment policies; enforcing discipline in cost
in rental, depreciation, and maintenance expenses of management by ensuring annual cost requirements;
Rp70.0 billion. developing cost recognition processes; implementing
PSAK 116 (IFRS 16) related to lease expenses; applying
General and Administrative Expenses the SMART system to streamline operational costs
(in billion Rupiah)
through paperless expense submissions and employee
343 expense management; evaluating and monitoring branch
436 352
expenses; utilizing digital media for promotional activities;
1,403 Others conducting promotional events online; maximizing
1,365 1,460
Communication and virtual meetings; conducting employee training at CIMB-
Transportation
633 Rental, Depreciation, and owned facilities and through online platforms (LOG);
728 703 Building Maintenance
selectively managing employee activities; reducing office
Professional Fees
616 587 855 rental costs at several head offices through the Flex and
Office Supplies
71 102 99 Non-Flex work programs; creating hybrid working spaces
2023 2024 2025 for Flex employees to enhance productivity, flexibility,
and engagement while prioritizing employee safety and
PROMOTION EXPENSES information security; and reassessing the number and
Promotion expenses in 2025 declined by 16.65% or costs of contract employees in line with CIMB Niaga’s cost
Rp68.3 billion to Rp341.7 billion from Rp410.0 billion in efficiency targets.
2024. The cost-to-income ratio stood at 45.92%, increased
from 44.32% in 2024. CIMB Niaga remains committed to NON-OPERATING INCOME – NET
fostering a culture of smart spending across all units to In 2025, CIMB Niaga recorded net non-operating
contain operating costs and help enhance profitability. income of Rp43.7 billion, a decrease of Rp322.2 billion
from Rp365.9 billion in the previous year. The decline
COST EFFICIENCY PROGRAM was mainly due to lower net other income of Rp340.1
CIMB Niaga consistently implements a smart spending billion, offset by higher gains on the sale of fixed assets
culture by focusing cost management on items amounting to Rp21.8 billion.
categorized as good costs while disciplinedly eliminating
214 PT BANK CIMB NIAGA TBK 2025 Annual Report
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(in million Rupiah)
Growth (%)
Non-Operating Income - Net 2025 2024 2023
2024–2025 2023–2024
Rental income 863 4,084 5,595 (78.87) (27.01)
Gain/(Loss) on the sale of fixed assets 8,630 (13,192) 5,076 (165.42) (359.89)
Penalty (2,403) (1,727) (1,299) 39.14 32.95
Others - net 36,590 376,735 152,520 (90.29) 147.01
PROFIT BEFORE INCOME TAX
In 2025, CIMB Niaga recorded profit before income tax of Rp8.8 trillion, an increase of 1.11% or Rp97.0 billion compared
with Rp8.7 trillion in 2024. The increase was mainly driven by higher operating income of Rp518.2 billion and lower ECL
expenses of Rp119.8 billion.
INCOME TAX
In 2025, CIMB Niaga recorded income tax expense of Rp1.9 trillion, slightly up by 3.3% from Rp1.8 trillion in the previous
year. This was due to an increase in current income tax expense of Rp1.7 trillion to Rp2.2 trillion in 2025, offset by a
decrease in deferred tax expense of Rp1.6 trillion from the previous year.
(in million Rupiah)
Growth (%)
Income Tax 2025 2024 2023
2024–2025 2023–2024
Current tax 2,175,258 512,669 1,522,356 1,662,589 324.30
Deferred tax (284,878) 1,317,184 283,515 (1,602,062) (121.63)
Total 1,890,380 1,829,853 1,805,871 3.31 1.33
NET PROFIT
CIMB Niaga recorded net profit for the year of Rp6.9 trillion in 2025, an increase of 0.5% compared with Rp6.9 trillion in
the previous year. This achievement was supported by solid operating income performance and disciplined, effective
cost control, while continuing to uphold prudential principles amid evolving business dynamics.
CIMB Niaga continues to develop its business through the implementation of focused and sustainable strategies,
consistently delivering comprehensive and value-added banking solutions to customers. These efforts are supported by
accelerated digital transformation and the utilization of data analytics to enhance service quality, strengthen decision-
making, and drive sustainable growth.
OTHER COMPREHENSIVE INCOME AFTER TAX
In 2025, CIMB Niaga recorded other comprehensive income after tax of Rp2.0 trillion, compared with a loss of Rp89.1
billion in the previous year. This was mainly attributable to unrealized gains from changes in fair value of marketable
securities and government bonds on fair value through other comprehensive income.
(in million Rupiah))
Growth (%)
Other Comprehensive Income After Tax 2025 2024 2023
2024–2025 2023–2024
Reserve on revaluation of fixed assets 518,744 (4,592) 1,176 (11,396.69) (490.48)
Remeasurement of post-employment benefits 59,394 (3,584) (26,814) (1,757.20) (86.63)
obligation actuarial gains/(losses)
Income tax relating to items that will not be (15,327) 2,953 4,976 (619.03) (40.66)
re-classified to profit or loss
Items that will not be re-classified to profit 562,811 (5,223) (20,662) (10,875.63) (74.72)
or loss
Unrealised gain from changes in the fair value of 1,701,184 (138,457) 299,060 (1,328.67) (146.30)
marketable and government bonds on fair value
through comprehensive income
Income tax relating to items that will be (301,186) 54,561 (29,602) (652,02) (284.32)
re-classified to profit or loss
Items that will be re-classified to profit or loss 1,399,998 (83,896) 269,458 (1,768.73) (131.14)
Total 1,962,809 (89,119) 248,796 (2,302.46) (135.82)
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Cash Flow Statements
(in million Rupiah)
Growth (%)
Cash Flow Statements 2025 2024 2023
2024–2025 2023–2024
Net Cash Flow (used in)/from Operating Activities 4,150,199 8,221,937 (1,796,976) (49.52) 557.54
Net Cash Flow (used in)/from Investing Activities 7,643,004 (7,727,990) (5,998,437) 198.90 (28.83)
Net Cash Flow (used in)/from Financing Activities (6,459,266) (842,850) 329,226 666.40 (356.00)
Changes in exchange rate differences in cash and 79,162
203,035 (102,346) (61.01) 298.38
cash equivalents
Net Increase/(Decrease) in Cash and Cash 5,413,099
(145,823) (7,568,533) (3.812.10) 98.07
Equivalents
Position of Cash and Cash Equivalents at the 24,337,359
24,483,182 32,051,715 (0.60) (23.61)
Beginning of the Year
Position of Cash and Cash Equivalents at the 29,750,458
24,337,359 24,483,182 22.11 (0.60)
End of the Year
At the end of 2025, CIMB Niaga’s cash and cash NET CASH PROVIDED FROM/(USED IN)
equivalents were recorded at Rp29.7 trillion, an increase INVESTING ACTIVITIES
of Rp5.4 trillion from Rp24.3 trillion at the beginning of In 2025, CIMB Niaga recorded a net cash flow surplus
the year. This change reflects the liquidity management from investing activities of Rp7.6 trillion, an increase
dynamics throughout the year, as the Bank sustained of 198.90% or Rp15.4 trillion from 2024, where the
its operations and implemented its current business net cash flow position from investment activities
strategies in 2024 experienced a deficit of Rp7.7 trillion. This
increase was mainly due to the sale and purchase of
NET CASH PROVIDED FROM/(USED IN) securities and government bonds at fair value through
OPERATING ACTIVITIES other comprehensive income, and the amortized cost
In 2025, CIMB Niaga recorded a net cash flow surplus increased/decreased by Rp37.0 trillion.
from operating activities of Rp4.2 trillion, a decrease of
49.52% or Rp4.1 trillion from the position in 2024. This NET CASH (USED IN)/PROVIDED FROM
decrease was mainly due to customer deposits with a FINANCING ACTIVITIES
surplus balance of Rp9.5 trillion in 2025, a decrease from CIMB Niaga recorded a net cash flow deficit from
Rp20.2 trillion in 2024. financing activities of Rp6.5 trillion in 2025, an increase
from a deficit of Rp842.8 billion in 2024. This change in
cash flow was caused by payments from borrowings of
Rp1.4.8 trillion and additional borrowing of Rp7.6 trillion.
216 PT BANK CIMB NIAGA TBK 2025 Annual Report
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Key Financial Ratios
Financial ratios are among the key indicators used by the Bank as a basis for formulating its policies and strategic
financial planning. By monitoring and analyzing these financial ratios, the Bank can comprehensively assess financial
performance and identify areas for improvement. This effort should help the Bank make more informed decisions and
drive its sustainable growth.
(in %)
Key Financial Ratio 2025 2024 2023
Net Interest Margin (NIM) 3.97 4.09 4.40
CASA Ratio (CASA) 70.03 66.02 63.86
NPL Ratio Gross 1.81 1.76 1.96
NPL Ratio Net (NPL - Net) 0.72 0.69 0.71
Cost to Income Ratio 45.92 44.32 44.83
Cost of Credit Ratio 0.74 0.84 1.03
Loan to Deposit Ratio (LDR) 86.81 86.28 89.30
Liquidity Coverage Ratio (LCR) - Consolidation 203.80 225.53 249.58
Capital Adequacy Ratio (CAR) 24.83 23.34 24.02
Ratio Capital CET- 1 23.73 22.25 22.89
ROA 2.43 2.53 2.59
ROE - Tier 1 13.03 14.34 15.02
Operating Expenses to Operating Income (BOPO) 72.40 74.02 71.47
Prime Lending Rates
The Financial Services Authority (OJK) has issued POJK No. Prime Lending Rates (SBDK) are calculated based on
13 of 2024 regarding the Transparency and Publication of three main components: the Cost of Funds for Credit
Prime Lending Rates (SBDK) for Commercial Banks. This (HPDK), operational costs for fund collection and credit
regulation aims to increase transparency and standardize distribution, and the Bank’s profit margin. The Prime
the reporting and publication of Prime Lending Rates to Lending Rate (SBDK) has not weighed the borrower’s
the public, ensuring the consistency and accuracy of the risk premium, meaning the interest rate charged to each
information while promoting competitiveness among borrower may differ from the SBDK.
Commercial Banks.
CIMB Niaga shall report its SBDK calculations to the
In line with this provision, banks that run conventional Financial Services Authority (OJK) monthly and periodically
business shall report and publish Prime Lending Rates publish them to the wider media. In accordance with
in Rupiah. Disclosure of Prime Lending Rates is part of OJK Regulation No. 13 of 2024, the loan segmentation
regulatory efforts to strengthen governance and create is classified into Corporate and Retail Non-MSME Loans,
healthy competition, as both are expected to enhance MSME Loans (Medium, Small, and Micro), Mortgage
market discipline in the banking industry. Loans (KPR/KPA), and Non-Mortgage Loans (Non-KPR/
Non-KPA).
Reporting and publication of Prime Lending Rates (SBDK)
are the Bank’s efforts to provide customers with clarity when The following table presents the 2025 prime lending rate
weighing the benefits, costs, and risks of the loan it offers. (SBDK) and the average SBDK in 2024:
For the Bank, Prime Lending Rates serve as indicators for 1. Corporate loans are loans provided to Corporate
lending rates and are periodically adjusted in response to Banking and Commercial Banking customers;
movements in the BI Rate set by Bank Indonesia. 2. Retail loans include loans provided to Emerging
Business Banking (EBB) customers;
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3. Medium Loans include loans provided to Emerging 6. KPR/KPA loans are home ownership loans
Business Banking (EBB) customers; (mortgages); and
4. Small Loans include loans provided to Emerging 7. Non-KPR/Non-KPA loans include unsecured loans
Business Banking (EBB) customers; (personal loans).
5. Micro loan: Since the fourth quarter of 2017, CIMB
Niaga has no longer offered micro loan; Information regarding the comparison between the 2025
SBDK and the 2025 SBDK average is as follows:
SBDK TABLE
Quantitative Disclosure
Prime Lending Rate by Loan Segment
Period Non MSME Loans MSME Loans Non-
Mortgage
Corporate Retail Medium Small Micro Mortgage
2025
March 8.25 9.00 9.00 9.00 N/A 8.70 12.11
June 8.25 9.00 9.00 9.00 N/A 8.70 12.11
September 8.25 9.00 9.00 9.00 N/A 8.70 12.11
December 8.15 8.90 8.90 8.90 N/A 8.70 12.11
Average year 2024 8.25 9.00 9.00 9.00 N/A 7.70 9.56
Qualitative Disclosure
Category Loan Category Definition Indicators/Criteria of Loan Categories
Corporate Loan provided to non-retail and non-MSME business entities Total loan limit > Rp15 billion, or annual sales > Rp50 billion,
or companies that meet the Corporate criteria at CIMB Niaga or by Bank CIMB Niaga policy.
Bank
Retail Loan provided to business entities or non-corporate Total loan limit ≤ Rp15 billion, or annual sales ≤ Rp50 billion,
companies and individuals who meet the Retail criteria at or as per Bank CIMB Niaga policy.
CIMB Niaga Bank
Information on the applicable Prime Lending Rate (SBDK) can be accessed at any time through official publications at
all CIMB Niaga branch offices, the Bank’s digital channels, and on the CIMB Niaga website’s Prime Lending Rate page
(https://www.cimbniaga.co.id/id/tentang-kami/berita/suku-bunga-dasar-kredit).
INTEREST RATES ON FUNDS
Information on the average interest rates for Current Accounts, Savings Accounts, and Time Deposits as of 31 December
2025, is as follows:
TABLE OF CURRENT ACCOUNT INTEREST RATE
Interest Rate
Description
2025 2024
Rupiah 3.32% 3.17%
Foreign Exchange 2.08% 1.71%
TABLE OF SAVING ACCOUNT INTEREST RATE
Interest Rate
Description
2025 2024
Rupiah 2.27% 3.01%
Foreign Exchange 1.01% 1.16%
TABLE OF DEPOSIT INTEREST RATE
Interest Rate
Description
2025 2024
Rupiah 5.54% 5.83%
Foreign Exchange 3.59% 3.26%
218 PT BANK CIMB NIAGA TBK 2025 Annual Report
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Commitments and Contingencies
As of 31 December 2025, CIMB Niaga had total commitments and contingencies that carried credit risk to the amount
Rp114.2 trillion, a slight increase of 1.71%, or equivalent to Rp1.9 trillion, compared to Rp112.3 trillion as of December
2024. Tes increase was primarily due to an increase in unutilized portion of fund facilities, from Rp104.7 trillion in 2024
to Rp105.5 trillion in 2025, as well as an increase in the value of issued guarantees to Rp6.7 trillion, compared to Rp5.9
trillion in the previous year.
Meanwhile, net contingencies were recorded at Rp6.1 trillion in 2025, an increase compared to Rp5.3 trillion in 2024.
The increase reflects the Bank’s continued prudent business growth, adhering to prudent principles and adequate risk
management.
(in million Rupiah)
Growth (%)
Commitments and Contingencies 2025 2024 2023
2024–2025 2023–2024
Commitments
Unutilised Portion of Fund Facilities )105,485,135( )104,684,718( )97,252,341( 0.76 7.64
Outstanding Irrevocable Letters of Loans )2,143,677( )1,855,914( )1,625,442( 15.51 14.18
Others )533,538( )481,003( )4,701( 10.92 10.131.93
Commitments - Net )108,162,350( )107,021,635( )98,882,484( 1.07 8.23
Contingencies
Contingent Receivables 627,862 613,765 641,032 2.30 )4.25(
Guarantees Received 34,913 28,287 33,576 23.42 )15.75(
Interest Receivable on Non-Performing Assets 592,949 585,478 607,456 1.28 )3.62(
Contingent Payables )6,682,641( )5,888,091( )5,364,148( 13.49 9.77
Guarantees Issued )6,682,641( )5,888,091( )5,364,148( 13.49 9.77
Contingencies - Net )6,054,779( )5,274,326( )4,723,116( 14.80 11.67
Commitments and Contingencies - Net )114,217,129( )112,295,961( )103,605,600( 1.71 8.39
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Brief Report of the Subsidiaries
CNAF undertook an important step by rebranding
its trademark to better reflect and accommodate its
future business strategies. The rebranding involved
changing the name from CIMB Niaga Auto Finance
to CIMB Niaga Finance, accompanied by a symbol
PT CIMB NIAGA AUTO FINANCE (CNAF) featuring an arrow, representing forward thinking and
action for the Company’s progress, while the square
Vision symbolizes firmness, honesty, integrity, and reliability.
To become the most profitable multifinance company in This trademark change was reported to the Directorate
Indonesia. General of Intellectual Property on 15 October 2019.
Mission CNAF is not only focused on four-wheel vehicle financing
Committed to becoming a finance company that provides but has also expanded its financing segments to include
the best value for all stakeholders through excellent multipurpose financing secured by vehicle ownership
customer service, strong and mutually beneficial certificates and land or building certificates. In 2025, CNAF
partnerships, quality human resources, and contributing further diversified its product offerings by launching gold
to society. financing and Hajj quota financing. CNAF also introduced
various attractive programs, including Showroom
PT CIMB Niaga Auto Finance (CNAF), a subsidiary of PT Financing, a working capital financing program for
CIMB Niaga Tbk focusing on financing activities, was showroom partners to support vehicle procurement.
established under the name PT Saseka Gelora Leasing on
10 December 1981, based on Deed of Establishment No. In advancing its digitalization efforts under the Simpler,
48, as amended by Deed of Amendment to the Articles of Better, Faster campaign, CNAF offers the CNAF Mobile
Association No. 80 dated 18 February 1982, and Deed of application to facilitate financing applications through
Amendment and Rectification No. 50 dated 27 October smartphones with simple requirements, real-time
1982, all executed before Frederik Alexander Tumbuan application status monitoring, and access to information
S.H., a Notary in Jakarta. The Company’s Articles of on financing products and programs. To further enhance
Association were approved by the Minister of Justice of the financing application process and improve customer
the Republic of Indonesia on 2 December 1982, pursuant access, CNAF continues to develop CNAF Mobile with
to Decree No. C2-2817-HT01.01.th.82, registered with the various features, including Digital Signature and Digital
Central Jakarta District Court under Nos. 4844, 4845, and Customer Service.
4846 on 8 December 1982, and published in the State
Gazette of the Republic of Indonesia No. 5 dated 18 In 2025, CNAF continued to focus on improving team
January 1983, Supplement No. 79/1983. productivity by leveraging digitalization as the primary tool
for monitoring and controlling all operational activities.
Based on Deed No. 5 dated 6 January 2022, drawn up Digitalization serves to ensure effective task execution
before Dini Lastari Siburian S.H., Notary, regarding the while enhancing transparency and accountability in
Statement of Shareholders’ Resolutions Outside the team performance. One of the key applications utilized
General Meeting of Shareholders of PT CIMB Niaga Auto is the Sales Control Management System, which
Finance, CNAF issued 400,000 new shares with a par monitors all sales team activities, including showroom
value of Rp50,000 per share, totaling Rp20,000,000,000. visits and interactions with prospective customers.
As a result, CNAF’s issued and paid-up capital increased In addition, CNAF optimized the use of the Collection
from Rp100,000,000,000 to Rp120,000,000,000. The new Mobile Application as a monitoring tool for collection
shares were issued to non-controlling shareholders, team activities, covering both home and office visits to
each holding less than 1% ownership. Following this customers, enabling a more structured and measurable
transaction, CIMB Niaga’s ownership in CNAF decreased collection process.
from 99.93% to 83.28% in 2022. Nevertheless, CIMB
Niaga remains the controlling shareholder of CNAF.
220 PT BANK CIMB NIAGA TBK 2025 Annual Report
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In line with internal strengthening efforts, CNAF As of today, CNAF operates 31 branches across Indonesia,
continuously enhances synergy with CIMB Niaga to drive supported by a total of 855 employees. In 2025, CNAF
business development. This synergy is realized through recorded a profit before tax of Rp440 billion, a decrease
various strategic initiatives, including diversification of of 23% from Rp570.5 billion in 2024, and disbursed new
acquisition channels, strengthening referral activities, financing amounting to Rp9.3 trillion, down 7% from Rp9.9
increasing penetration in digital segments, and trillion in 2024. This financing growth increased CNAF’s
optimizing the Service to Sales channel. CNAF also total managed assets to Rp14.0 trillion, representing a
manages its financing portfolio more optimally through 3% increase from Rp13.6 trillion in 2024.
the implementation of various strategies, including anti-
attrition programs and risk-based pricing, to maintain In 2025, CNAF achieved an upgrade in its credit rating
portfolio quality while supporting healthy and sustainable from AA+ to AAA, based on Fitch Ratings’ review, reflecting
business growth. confidence in CNAF’s performance and its contribution to
the Parent Company.
Aligned with CNAF’s strategy to prioritize sharia financing
and diversify sharia funding sources, the Company issued The composition of the Company’s Board of
the Public Offering of Sukuk Wakalah Bi Al-Istitsmar I Commissioners and Directors is as follows:
CIMB Niaga Auto Finance in 2023, with investment funds
of up to Rp1 trillion. The Company also implements Board of Commissioners
sustainability strategies to support the growth of President Commissioner : Lani Darmawan
environmentally friendly vehicles by offering attractive Commissioner : Koei Hwei Lien
financing rate. Commissioner : Noviady Wahyudi
Independent Commissioner : Hidayat Dardjat Prawiradilaga
Continuing the positive trend in sukuk issuance, in 2024, Independent Commissioner : Serena Karlita Ferdinandus
CNAF issued the Public Offering of Sukuk Wakalah Bi Independent Commissioner : Jeffrey Kairupan
Al-Istitsmar I CIMB Niaga Auto Finance Phase I with
total investment funds amounting to Rp1 trillion. CNAF Board of Directors
continue issued PUB Sukuk Wakalah Bi Al-Istitsmar I President Director : Ristiawan
CIMB Niaga Auto Finance Phase II and Phase III in 2025 Director : M. Imron Rosyadi Nur
with total investment funds amounting to Rp3.1 trillion. Director : Antonius Herdaru Danurdoro
Director : Michael Angga
Director : Iris Savitri
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In 2025, CNS delivered Rp77.1 billion in gross revenue.
This marked a 37.06% decline from Rp122.5 billion in
2024. Going forward, CNS will continue to take strategic
steps and prioritize good corporate governance. Its goal
is to deliver optimal results to stakeholders.
PT CIMB NIAGA SEKURITAS
CNS has devised and aligned some strategic objectives
Vision for the coming period with the long-term direction of
To become a leading securities company in ASEAN and a the CIMB Group, specifically the Forward30 Strategic
key player in underwriting and financial advisory services Roadmap. Forward30 is a transformation agenda
in the Indonesia capital market. designed to accelerate growth, enhance competitiveness,
and prepare a future-ready organization, thereby
Mission strengthening CIMB Group’s primary purpose of driving
To consistently provide the right capital market products customers and society forward. In line with this vision,
and the best solutions to meet client’s need — through CNS has decided that all business priorities, operational
the creation of innovative capital market solution and initiatives, and financial targets should help achieve the
high-quality financial advisory services, leveraging CIMB strategic aspirations of CIMB Group.
Group’s extensive and experienced regional network.
Expanding the scope and depth of capital market
In 2017, CIMB Group Holdings Berhad (CIMBGH) initiated products
a strategic transformation of its regional stockbroking This strategy is implemented by exploring opportunities
and investment banking operations. As part of this for capital market transactions. It also involves arranging
restructuring, the Group undertook a realignment of its customer financing through traditional schemes, such as
Investment Banking business, resulting in the separation conventional banking and structured deals. The Company
of this unit from its stockbroking operations at the may also explore becoming a Securities Broker.
regional level.
Actively collaborating with PT Bank CIMB Niaga Tbk
In line with this initiative, CIMBGH established PT CIMB and the CIMB Group
Niaga Sekuritas in 2018 to serve as the dedicated This strategy is realized through more extensive
Investment Banking entity in Indonesia. The company is collaboration with PT Bank CIMB Niaga Tbk, its partner
majority-owned by PT Bank CIMB Niaga Tbk. and shareholder. The goal is to synergize integrated
banking and capital market product services for both
PT CIMB Niaga Sekuritas is licensed and regulated by bank customers and CNS. This strategy started in 2019
the Financial Services Authority (Otoritas Jasa Keuangan and will continue in the coming years.
– OJK) to conduct a comprehensive range of Investment
Banking services, including: Penetration into the Institutional Market and Sharia
• Securities Underwriting — License No. KEP- Capital Market
11/D.04/2019 (OJK). This strategy uses business activities or product offerings
• Financial Advisory Services — License No. S-618/ that offer high returns. It focuses more on institutional
PM.21/2019 (OJK). customers and aims to play a greater role in transactions
• Arrangement of Medium-Term Notes (MTNs) and structured in accordance with Sharia principles.
Negotiable Certificates of Deposit (NCDs) — License
No. S-1118/PM.21/2019 (OJK). Expanding customer reach by penetrating new
• Arrangement of Commercial Papers — License No. potential segments
S-1481/PM.21/2019 (OJK) and No. 22/17/DPPK/Srt/B CNS’s strategy focuses on capital market transactions and
(Bank Indonesia). potential financing, mergers and acquisitions, and foreign
investor participation in projects that support national
CNS was founded in March 2018. In 2023, the economic development. It also targets other sectors
Company’s Shareholders amended its Authorized related to daily needs, such as healthcare, food, retail,
Capital to Rp1,200,000,000,000 (one trillion two hundred and consumer goods. The Company continues to explore
billion Rupiah). Issued and Paid-Up Capital became Indonesia’s mainstay sectors, such as mineral resources,
Rp616,000,000,000,000 (six hundred and sixteen billion as well as sectors supporting physical development,
Rupiah). This capital increase was aimed at strengthening such as property and construction. Throughout, CNS
the Company’s capital structure and supporting business consistently considers ESG factors in choosing sectors
development. and clients.
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Other Material Financial Information
ANALYSIS OF ABILITY TO PAY DEBTS Stress testing is conducted periodically using various
The Bank’s ability to meet short-term and long-term relevant scenarios, providing management with a
obligations is measured and monitored through a number comprehensive understanding of the potential impacts
of key financial indicators, including liquidity ratios, that may arise under stressful conditions. Under certain
solvency ratios, and profitability ratios. Furthermore, to circumstances, stress testing can also be conducted at
mitigate default risk and enhance stakeholder confidence, any time as needed to respond to changes in the risk
the Bank participates in the deposit guarantee program profile or external dynamics.
organized by the Deposit Insurance Corporation (LPS).
Further explanation regarding the application of stress
The assessment of the Bank’s ability to meet its financial testing is presented in the Risk Management section –
obligations is also reflected in the ratings issued by external ICAAP (Internal Capital Adequacy Assessment Process).
rating agencies. In 2025, PT Pemeringkat Efek Indonesia
(Pefindo) assigned a corporate rating of idAAA to CIMB CONTINGENCY FUNDING PLAN & RECOVERY
Niaga, reflecting its very strong financial condition and PLAN
excellent ability to meet long-term financial obligations. The Contingency Funding Plan (CFP) is an operational
Furthermore, Moody’s Investors Service assigned A3/P- guide for the Bank in facing and managing crisis
2 and Baa1/P-2 ratings for Counterparty Risk Rating and conditions, particularly those related to liquidity. The CFP
Bank Deposits, respectively, and Baa3 and Baa1 ratings is designed to ensure that crisis management measures
for Baseline Credit Assessment and Adjusted Baseline can be implemented in a structured, effective, and timely
Credit Assessment, respectively. Moody’s long-term manner, thereby maintaining the Bank’s operational
rating outlook is set at stable, reflecting the Bank’s solid stability and restoring and maintaining public trust in
and maintained financial prospects. the Bank. CIMB Niaga will implement the CFP if the Bank
enters a liquidity crisis, in accordance with established
ABILITY TO REPAY DEBTS indicators and stages, as part of the Bank’s commitment
CIMB Niaga recorded strong liquidity and solvency to maintaining liquidity resilience and business continuity.
throughout 2025, as reflected in the Bank’s ability to
timely meet all maturing obligations, including principal CIMB Niaga defines various levels of liquidity emergency
payments and interest expenses. Liquidity ratios, conditions within the CFP, with predetermined thresholds
solvency ratios, and profitability ratios are key indicators based on key liquidity indicators. Each level has its own
in assessing the Bank’s ability to meet its financial corrective measures, encompassing both remedial and
obligations. Furthermore these ratios are also used as preventive actions to mitigate worsening conditions. If the
key parameters in calculating the adequacy of the Bank’s situation continues to deteriorate and affects the Bank’s
liquidity reserves to support sustainable operations. solvency, a Recovery Plan will be activated, outlining
more extensive measures to safeguard the Bank.
STRESS TESTING
Stress testing is a risk management method used to As outlined in SEBI No. 11/25/PBI/2009, further
evaluate the resilience of a bank’s capital, liquidity, and expanded by SEOJK No. 34/SEOJK.03/2016 and POJK
ability to absorb potential losses arising from exceptional No. 18/POJK.03/2016 regarding Risk Management
but plausible crisis scenarios. CIMB Niaga implements Implementation for Commercial Banks, active
stress testing as a tool to identify necessary mitigation participation from management up to the Board of
measures to maintain capital adequacy and financial Commissioners is required. Therefore, the Contingency
stability. Funding Plan must be approved by the Board of Directors
and reported to the Board of Commissioners. The plan
includes 19 Early Warning Signal Indicators covering
internal, macroeconomic, and market liquidity factors,
which are identified and assumed to serve as early signs
of a potential crisis.
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These Early Warning Signal (EWS) indicators have three In 2025, the Bank conducted online Contingency Funding
thresholds: Red, Amber, and Green. If any of the three Plan (CFP) testing. The CFP testing went well and was
indicators are exceeded, a Funding Crisis Declaration attended by all members of the Board of Directors and
Assessment (FCDA) Team will be conducted, assessing relevant Senior Management. The success of this online
whether the situation will lead to tight liquidity. The FCDA CFP testing demonstrates that the Bank’s decision-
Team may hold discussions even if no indicators have making process can be carried out effectively through
been exceeded. Qualitative information or indicators various mechanisms, both face-to-face and digital. This
received by relevant units can trigger an FCDA meeting. is crucial considering that in a liquidity crisis, decisions
The Bank strives to capture all information and data as must be made quickly, accurately, and still meet the
early indications of impending stress/crisis. established quorum requirements. Therefore, the CFP
testing results provide confidence that the Bank has
The EWS indicators are monitored daily by the Risk adequate organizational and governance readiness to
Management Unit and reported to management. If any face potential crises.
indicator exceeds its threshold, the information deemed
relevant to a potential crisis will be used as the basis for CIMB Niaga has also established a Recovery Plan
assessing liquidity conditions. Document (RPD), which provides a broader framework
covering liquidity, capital, profitability, and asset quality.
The assessment results will be presented as This document was approved by management and
recommendations to the Chairman of the Asset shareholders as required by the regulator at the end
and Liability Committee (ALCO) for validation. If the of 2017. Unlike the Contingency Funding Plan (CFP), the
conclusions indicate increasing liquidity constraints, RPD encompasses a wider scope, as it monitors not only
corrective measures may be initiated through a special liquidity but also other critical financial aspects. The RPD
ALCO meeting. Should liquidity conditions continue is reviewed annually to ensure it remains aligned with
to deteriorate, the liquidity status may be escalated, prevailing conditions. This review includes updates on
and liquidity management will be transferred to the the corrective measures that CIMB Niaga will implement
Funding Crisis Management Team (FCMT), which consists to address any challenges across the four key areas.
of all Board of Directors members and additional Each aspect is continuously monitored using specific
decisionmakers. ALCO and FCMT are chaired by the indicators that serve as triggers for activating corrective
President Director to ensure swift and accurate decision- actions outlined in the RPD.
making within the necessary scope.
SHORT-TERM DEBT REPAYMENT ABILITY
The Funding Crisis Management Team (FCMT) is (LIQUIDITY RATIOS)
authorized to implement corrective measures in In monitoring liquidity risk, CIMB Niaga uses international
response to liquidity constraints, addressing operational, parameters established by Otoritas Jasa Keuangan (OJK),
business, and communication aspects to stabilize namely the Liquidity Coverage Ratio (LCR) and the Net
the situation. The Bank has conducted multiple trial Stable Funding Ratio (NSFR). Both ratios are monitored
exercises in accordance with the guidelines outlined in regularly and reported to Management, the Audit
the Contingency Funding Plan (CFP), simulating crisis Committee, and regulators.
management scenarios led by the FCMT and executing
FCMT decisions through relevant business units. The LCR measures the adequacy of a bank’s High-Quality
Liquid Assets (HQLA) to meet net cash flow needs over
These CFP tests are routinely conducted to foster the next 30 days. Banks are required to maintain a
agility and readiness among management and related minimum LCR of 100%, reflecting the ability of HQLA to
units in taking strategic and concrete steps to address cover short-term liquidity needs.
abnormal conditions, both in terms of liquidity and
other operational factors. In each test, in addition to Meanwhile, the NSFR measures the balance between
scenarios requiring quick decisions, scenarios regarding medium and long-term funding structures between
the decision-making mechanism in the meeting are also assets and liabilities, including capital. An NSFR ratio of
developed. Decision-making can be conducted online at least 100% indicates a balance between stable funding
(such as by telephone) or offline, while still complying sources and the bank’s funding distribution.
with applicable regulations.
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Regulators have also lowered the limits that must be In the event of an excess of the internal limits of these
met, but internally the Bank continues to maintain the liquidity risk parameters, the Bank implements a
existing limits in consideration of prudential principles. structured escalation mechanism down to the Senior
CIMB Niaga remains committed to maintaining both LCR Management and Board of Directors levels. This
and NSFR above the regulatory thresholds, with internal mechanism includes establishing corrective measures
limits set even higher. to be implemented by business units and related units
to address the excess. The entire escalation process and
In December 2025, the Individual LCR figure was recorded follow-up are outlined in a standardized policy document
at 178.49% for the end of the month and an average of and approved by ALCO, the Board of Directors, and
198.91%, while the Individual NSFR figure was 114.96%, the Board of Commissioners as part of the Company’s
while in the previous year, the LCR was recorded at liquidity risk management governance.
201.32% for the end of the month, an average of 213.31%
and 116.89% for NSFR. This decrease occurred due to the LONG-TERM DEBT REPAYMENT ABILITY
return of loan growth disbursed by the Bank. Although (SOLVENCY RATIO)
overall public savings increased by around Rp9.92 Bank capital is a key component in assessing the Bank’s
trillion, mainly driven by current accounts which grew by ability to meet long-term obligations, as reflected in the
around Rp11.31 trillion, this growth was dominated by solvency ratio. Through prudent capital management,
non-operational corporate deposits and deposits from CIMB Niaga consistently ensures that its capital level is
other financial institutions, where this type of deposit adequate and able to meet the Capital Adequacy Ratio
has a lower weighting in the calculation of LCR and NSFR. (CAR) requirements. The CAR calculation encompasses
However on the other hand, the growth of Savings from the management of credit risk, market risk, and
Retail customers grew by Rp6.10 trillion, generating operational risk, ensuring the Bank has a strong capacity
high-value deposits. Loan distributed to the public also to absorb potential risks and support sustainable
increased by Rp9.68 trillion. business continuity.
Similar to LCR, the deposits that grew in NSFR calculations In 2025, CIMB Niaga’s consolidated CAR (CAR) reached
had a lower weighting. However, the growth in existing 24.83%, up from 23.34% in 2024. CIMB Niaga still has
loans, limiting the significant burden on NSFR. As a result, capital reserves greater than the regulatory minimum
NSFR increased contrary the decline in LCR. Nevertheless, CAR requirement of 13.40%.
both LCR and NSFR remained well above OJK’s regulatory
threshold. The Bank need to emphasize the growth of ABILITY TO PAY DEBT FROM SECURITIES
higher value-weighted deposits, particularly Retail/SME ISSUED
deposits and Wholesale Banking deposits. These deposits A bank’s ability to meet its debt obligations is reflected
offer greater stability, supporting sustainable loan growth in the ratings of its issued securities, including bonds
while maintaining a balanced liquidity position. and sukuk. These securities are periodically rated by
independent rating agencies to ensure the feasibility and
CIMB Niaga uses internal parameters that have been credibility of the instruments issued. The quality of the
socialized and submitted to the Otoritas Jasa Keuangan securities is largely determined by the bank’s ability, as
(OJK), for the Liquidity Gap based on the dominant the issuer, to meet its principal repayment obligations
currency. This parameter is used as the primary tool upon maturity and timely interest or coupon payments
for monitoring the Bank’s liquidity adequacy on a daily throughout the issuance period.
basis under normal operating conditions. The Liquidity
Gap has limits set by the Asset and Liability Committee In this regard, the securities issued by the Bank receive a
(ALCO) and is routinely monitored by the liquidity risk rating from a rating agency, in this case PT Pemeringkat
management unit. Furthermore the Liquidity Coverage Efek Indonesia (Pefindo), which reflects the Bank’s level
Ratio (LCR) is monitored daily and presented in local and of capability and commitment to fulfilling its financial
foreign currencies, in accordance with OJK regulations obligations to investors.
and requests.
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Until 2025, information on CIMB Niaga’s bond and sukuk ratings is as follows:
Issuance Maturity
Securities Name Ratings
Date Date
Subordinated Bond III Bank CIMB Niaga 2018 Series B 15-Nov-18 15-Nov-25 AA (PEFINDO)
Subordinated Bond I Bank CIMB Niaga Phase I 2019 (Series A) 19-Dec-19 19-Dec-24 AA (PEFINDO)
Shelf Registration Bond III Bank CIMB Niaga Phase I Year 2019 Series C 19-Dec-19 19-Dec-24 AAA (PEFINDO)
Shelf Registration Sukuk Mudharabah I Bank CIMB Niaga Phase II Year 2019 Series C 21-Aug-19 21-Aug-24 AAA(sy) (PEFINDO)
Shelf Registration Sukuk Mudharabah I Bank CIMB Niaga Phase III Year 2020 Series C 27-Mar-20 27-Mar-25 AAA(sy) (PEFINDO)
The Pefindo AAA rating indicates that the Bank has a To anticipate potential cash flow gaps, CIMB Niaga
superior capacity for long-term financial commitments maintains its first-tier liquid assets, which include meeting
compared to other obligors. In contrast, the Pefindo required reserves and holding short-term, highly liquid
AA rating indicates a powerful capacity for long-term securities. In addition, the Bank maintains its second-tier
financial obligations compared to other obligors. liquid assets through short-term placements with other
banks and holding securities and government bonds
PROFITABILITY AND EFFICIENCY RATIOS classified as available-for-sale.
In measuring profitability and performance efficiency,
CIMB Niaga uses financial ratios consisting of Return on Liquidity management is also supported by a structured
Assets (ROA), Return on Equity (ROE), Net Interest Margin funding source that adheres to depositor concentration
(NIM), and Operating Expense to Operating Income limits to reduce dependence on specific funding sources.
(BOPO) ratio. In 2025, CIMB Niaga obtained profitability The entire liquidity management process is based on
ratios, namely Return on Assets (ROA) and Return on information and reports on liquidity ratios established by
Equity (ROE-Tier 1) recorded at 2.43% and 13.03% from management, compiled and monitored periodically by
the previous year which were recorded at 2.53% and the Risk Management Unit.
14.34%, respectively. The Net Interest Margin (NIM) ratio
was recorded at 3.97% from the previous 4.09%. The The liquidity risk subchapter of the Risk Management
BOPO ratio was recorded at 72.40% from the previous chapter provides a detailed discussion of CIMB Niaga’s
74.02%. liquidity management.
LIQUIDITY AND ASSET-LIABILITY LOAN COLLECTIBILITY LEVEL AND
MANAGEMENT PRODUCTIVE ASSET QUALITY ANALYSIS
CIMB Niaga emphasizes liquidity management through CIMB Niaga conducts continuous credit risk control to
careful alignment of cash inflows and outflows. Liquidity main the loan collectibility provided. This is achieved
management, as well as the Bank’s assets and liabilities, through gradual improvements in asset quality,
is carried out under the coordination of the Asset portfolio diversification toward healthier sector growth,
Liability Committee (ALCO), which holds regular monthly infrastructure, and business processes, human resource
meetings involving business units, treasury, credit, capabilities in the credit field, and policy and procedure.
funding, and other related units. Through this forum, From 2023 to 2025, the Bank’s analysis of productive
the Bank ensures that its liquidity position remains at an asset quality and loan collectibility is as follows:
optimal level and aligns with its business strategy and
established risk profile.
(in million Rupiah)
Growth (%)
Loans based on Collectibility 2025 2024 2023
2024–2025 2023–2024
Current 226,255,526 214,781,270 198,578,681 5.34 8.16
Special Mention 7,773,688 9,226,979 10,633,639 (15.75) (13.23)
Sub-standard 612,185 583,437 482,810 4.93 20.84
Doubtful 663,273 600,377 760,489 10.48 (21.05)
Loss 3,004,153 2,810,932 2,914,251 6.87 (3.55)
Total 238,308,825 228,002,995 213,369,870 4.52 6.86
226 PT BANK CIMB NIAGA TBK 2025 Annual Report
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In 2025, CIMB Niaga had a total loans with substandard, doubtful, and loss collectibilities of Rp4.3 trillion, an increase of
Rp755.5 billion from Rp4.0 trillion in 2024. The NPL-gross ratio was 1.8% and the NPL-net ratio was 0.7%, compared to
the NPL-gross ratio of 1.8% and the NPL-net ratio of 0.7% in the previous year.
The total restructured loans as of 2025 was Rp1.3 trillion, a 115.14% increase, or Rp709.4 billion, from Rp616.1 billion
in 2024.
(dalam juta Rupiah)
Restructured Loans 2025 2024 2023
Working Capital 1,176,424 55,374 471,736
Investment - 363,184 260,829
Consumption 149,123 197,581 143,098
Total 1,325,547 616,139 875,663
Regarding earning assets, throughout 2025, the quality of CIMB Niaga’s earning assets demonstrated dynamics in line
with economic conditions and the risk profile of the financing portfolio. Total earning assets were recorded at Rp429.9
trillion, an increase compared to the previous year’s position of Rp426.0 trillion. This change was primarily driven by a
4.52% growth in loan disbursement, with growth contributions from all banking segments, namely corporate banking,
consumer banking, Emerging Business Market (EBB) banking, and commercial banking, as well as more selective portfolio
management while prioritizing the prudent principle.
In terms of quality, the composition of earning assets remained dominated by accounts under the current category,
with a share of 97.08%, up from 96.81% in 2024. Key to strengthening credit risk management and continuous portfolio
monitoring was maintaining quality and healthy, sustainable earning assets.
Significant Agreements
In the course of its business activities, CIMB Niaga enters a lease agreement with PT Niaga Manajemen Citra
into cooperation arrangements with various parties. The for a building located at Griya Niaga 1 Building, Jl.
material agreements or commitments with third parties Wahid Hasyim Block B.4 No. 3, Bintaro Jaya Sector VII,
recorded up to 2025 are as follows: Tangerang. This lease agreement has been extended
1. On 7 April 2008, CIMB Niaga entered into a lease several times, with the most recent extension taking
agreement with PT Niaga Manajemen Citra for a effect on 1 January 2023, for a lease period up to 31
building located at Griya Niaga 2 Building, Jl. Wahid December 2028. For the year ended 2023, the lease
Hasyim Block B.4 No. 3, Bintaro Jaya Sector VII, rate amounted to Rp127,300 (in full rupiah) per m²
Tangerang, for a period of 29 (twenty-nine) years. The per month. For the years ended 31 December 2025
total lease payment over the lease term amounted to and 31 December 2024, the Bank paid a lease rate of
Rp181,000 (in million rupiah), payable in 11 (eleven) Rp132,392 (in full rupiah) per m² per month;
installments. Prior to the execution of this agreement, 2. In March 2016, CIMB Niaga entered into a
it was agreed that a lease deposit of Rp5,650 (in million bancassurance agreement with PT Sun Life Financial
rupiah) would be paid in advance, which was settled Indonesia for the distribution of Sun Life insurance
on 27 March 2007. This lease deposit also constituted products through the Bank’s distribution network.
the first installment under the lease agreement. The This cooperation agreement was valid until 12 April
final installment was paid in January 2009. Previously 2033. The agreement was subsequently revised
on 30 October 1997, CIMB Niaga initially entered into
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through re-execution on 5 April 2022. The revised 4. In January 2025, CIMB Niaga entered into an exclusive
agreement is valid until 31 December 2039; partnership agreement with PT Mastercard Indonesia
3. In December 2016, CIMB Niaga entered into a which is intended for the Bank to be the single
bancassurance agreement with PT CIMB Niaga Auto principal for consumer credit card and debit card
Finance, PT Sompo Insurance Indonesia, and Sompo business. The Bank shall not issue any consumer debit
Japan Nipponkoa Insurance Inc. for the distribution and credit card with a competing payment network
of Sompo insurance products through the Bank’s during the agreement period. The agreement is valid
distribution network. This cooperation agreement is up to 31 December 2039.
valid until 31 December 2035.
Bank Capital Structure
(Tier 1), which includes main core capital and additional
CAPITAL STRUCTURE DETAILS core capital, and supplementary capital (Tier 2). Core
CIMB Niaga manages a strong and sound capital capital remains the main component of CIMB Niaga’s
structure to ensure its ability to provide optimal support capital structure.
for sustainable business growth. In 2025, CIMB Niaga’s
funding structure for assets consisted of liabilities and In 2025, core capital (Tier 1) played a vital role in CIMB
equity at 84,40% and 15,60%, respectively. Niaga’s capital composition, contributing 95.55% of total
capital, with a Tier 1 Capital Adequacy Ratio of 23,73%.
According to OJK’s Regulation No. 27 of 2022 regarding The presentation of the Minimum Capital Adequacy
the Second Amendment to POJK No. 11/POJK.03/2016 Requirement (KPMM) calculation for the periods 2025,
regarding the Obligation of Minimum Capital Provision, 2024, and 2023 is as follows:
capital is divided into two categories: core capital
(in million Rupiah unless otherwise stated)
Capital Adequacy Ratio (KPMM) Calculation 2025 2024 2023
Core Capital (Tier-1) 55,655,101 50,821,659 45,804,024
Supplementary Capital (Tier-2) 2,591,892 2,492,154 2,262,705
Total Capital 58,246,993 53,313,813 48,066,729
Risk Weighted Assets (RWA)
RWA for loans risk 207,351,361 198,320,856 177,430,536
RWA for market risk 16,008,370 14,271,204 6,622,728
RWA for operational risk 11,197,210 15,830,915 16,072,634
Total RWA 234,556,941 228,442,975 200,125,898
CAR for loans and operational risks 26.65% 24.90% 24.84%
CAR for loans, market, and operational risks 24.83% 23.34% 24.02%
Tier-1 CAR 23.73% 22.25% 22.89%
Tier-2 CAR 1.11% 1.09% 1.13%
CIMB Niaga obtained subordinated loan facilities that are recognized as supplementary capital, consisting of subordinated
bonds issued by CIMB Niaga and approved by Bank Indonesia and the Otoritas Jasa Keuangan to be included as a
component of supplementary capital in the calculation of the Minimum Capital Adequacy Requirement (KPMM) ratio. In
2025, CIMB Niaga’s supplementary capital amounted to Rp2,6 trillion, contributing 4.45% to total capital.
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As of the end of 2025, information on subordinated bonds issued by CIMB Niaga that had matured is as follows:
Nominal
Maturity Date Interest Rate/
Instrument Effective Statement Approval (in billion Tenor Annum
Rupiah)
CIMB Niaga OJK Capital Market OJK Banking 75 7 years 15 10.00%
Subordinated Bonds Ill Supervisory, in Letter Supervisory, in Letter November
Year 2018 Series B with No. S-158/D.04/2018 No. S-89/PB.33/2018 2025
a fixed interest rate dated 8 November 2018 dated 26 July 2018
The Bank implemented strategies in 2025 to strengthen In 2024, in accordance with POJK No. 27 of 2022, the
its capital adequacy, including improving asset quality and CAR required to be maintained, taking into account the
increasing the proportion of low-cost funding sources. Low to Moderate (2) risk profile rating and the Basel 3
Further information on the capital structure is discussed Capital Buffer, was 13.40%, with a maximum buffer level
in more detail in the Risk Management – Capital Structure of 13.50%. CIMB Niaga’s CAR for 2025, 2024, and 2023
section of this Annual Report. amounted to 24.83%, 23.34%, and 24.02%, respectively.
This achievement demonstrates that CIMB Niaga
MANAGEMENT POLICY ON CAPITAL maintains capital buffers well above the minimum CAR
STRUCTURE level required by the regulator.
The Bank’s capital adequacy indicators are reflected
in the achievement of its Capital Adequacy Ratio (CAR). BASIS FOR DETERMINING MANAGEMENT
CAR represents the Bank’s ability to support organic POLICY ON CAPITAL AND DEBT STRUCTURE
growth and absorb potential losses arising from risks The Board of Directors and the Board of Commissioners
that may be faced by the Bank. A higher CAR ratio plan, deliberate, and monitor the Bank’s capital and
indicates a stronger capacity to support business growth debt requirements on an annual basis, supported by
as well as an improved ability to withstand risk. CIMB data-driven analysis. Management has established the
Niaga consistently maintains its capital adequacy level basis for determining policies on capital structure and
above the minimum CAR requirement stipulated by the debt by taking into account several considerations,
regulator. In 2025, CIMB Niaga recorded a minimum including economic forecasts, potential business growth,
capital adequacy ratio (CAR) of 24.83%. risk appetite, stress testing results, and target capital
ratios. Through these efforts, CIMB Niaga is able to
On a consolidated basis, CIMB Niaga has developed an withstand economic cycles, capitalize on growth and
Internal Capital Adequacy Assessment Process (ICAAP) strategic opportunities, maximize shareholder returns,
as a framework for determining capital adequacy in and conduct its business within its risk appetite while
line with its risk profile and for formulating strategies complying with applicable regulations.
to maintain capital levels. In 2024, the results of CIMB
Niaga’s self-assessment of its risk profile were rated at
Low to Moderate (2).
Investment Properties
As of 31 December 2025, CIMB Niaga did not have any Investment Properties for the purpose of capital gains or for
rental to third parties.
Material Commitments for Capital Expenditures
Until the end of 2025, CIMB Niaga had no material commitments on capital expenditures.
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Capital Expenditure Realized in the Last Fiscal Year
TYPE AND VALUE OF CAPITAL EXPENDITURE
CIMB Niaga’s capital expenditure are for fixed assets, including land and buildings, equipment, machinery, office
furniture, and motor vehicles, as well as non-fixed assets in the form of systems and infrastructure development.
In 2025, the Bank’s capital expenditure reached Rp848.7 billion, an 11.60% decrease compared to Rp954.3 billion in
2024. This decrease was primarily driven by lower investments in equipment, machinery, office furniture, and assets
in progress, amounting to Rp271.6 billion. That figure was offset by higher investments of Rp152.4 billion in motor
vehicles, of Rp11.1 billion in land and buildings, including installations and renovations, and of Rp2.8 billion in systems
and infrastructure development.
Information on the value of CIMB Niaga’s capital expenditure in the last 3 years is as follows:
(in million Rupiah)
Types of Capital Goods 2025 2024 2023
Equipment, machinery, furniture office and asset in settlement 682,517 954,333 684,051
Systems and infrastructure development 2,786 - 1,773
Motor vehicles 152,352 - 7,775
Land and buildings including renovation and installations 11,060 5 9,710
Total 848,715 954,338 703,309
PURPOSE OF CAPITAL GOODS INVESTMENT CIMB Niaga also continues to develop Branchless
The purpose of Bank’s capital expenditure is to acquire Banking and Digital Banking services to expand its
or increase the value of fixed assets to be used for future customer service network, and continues to innovate
economic benefits, while also supporting operational comprehensively to meet customer demand and current
needs and sustainable business expansion. Assets market developments.
under construction include land, buildings, including
renovations and installations, equipment, machinery, Management assesses that foreign exchange fluctuations
and office furniture. These projects are expected to be will not have a significant impact on capital expenditure
completed in 2025–2026, with the current completion commitments. CIMB Niaga uses funds derived from
rate reaching approximately 70%–80%. operating results and prioritizes transactions in Rupiah
for this type of investments.
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Comparison of Targets and Realizations 2025
Information regarding the comparison of the achievement of targets set and the realization in the 2025 financial year
is as follows:
Description Target 2025 Realization 2025
Operational and Financial
Customer Deposit Growth 6.0%-10.0% 3.7%
Loan Growth 5.0%-7.0% 4.5%
CASA ratio 65.0%-68.0% 70.0%
Net Interest Margin (NIM) 4.0%-4.4% 4.0%
Cost to income ratio (CIR) 44.0% - 47.0% 45.9%
NPL Gross 1.8%-2.3% 1.8%
Cost of credit - CoC 0.6% - 0.8% 0.7%
Return on asset (ROA) 1.8%-2.2% 2.4%
Return on equity (ROE - Tier-1) 14.0%-16.0% 13.0%
Capital Adequacy Ratio (CAR) 22.0%-24.0% 24.8%
Human Resources
Organization Health Index (Consolidated) >86 (Top Decile) 90 (Top Decile)
Bank Hi-Performer Retention 85.0% 95.1%
The performance results of CIMB Niaga are as follows: 6. The Capital Adequacy Ratio (CAR/KPMM) was 24.8%.
1. The low-cost fund ratio (CASA) in 2025 reached 70.0%, CIMB Niaga successfully recorded an increase in
an increase from the previous year of 66.0%. consolidated profit before tax to Rp8.8 trillion,
2. The Cost of Credit (CoC) was 0.7%, within the specified compared to the previous year’s profit before tax of
target range, indicating continuous improvement in Rp8.7 trillion.
the Bank’s asset quality.
3. The Net Interest Margin (NIM) was recorded at 4.0%, In the field of human resources, CIMB Niaga has set
within the determined target range. performance targets to support the Bank’s achievements
4. Loan growth successfully increased by 4.5% (yoy). while realizing the vision of becoming the employer
5. The gross NPL of 1.8% was recorded better than the of choice. Measurement is conducted through the
set target. Organization Health Index indicator, which reflects
organizational health based on the implementation
of management practices, as well as High Performers
Retention as an effort to retain top talent. In 2025, CIMB
Niaga successfully exceeded the targets set for both
indicators.
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2026 Projections
For 2026, CIMB Niaga has formulated several projections, with detailed information presented as follows:
Description Projections
Operational and Financial
Customer Deposit Growth 5.0%-10.0%
Loan Growth 4.0%-7.0%
CASA ratio 67.0%-70.0%
Net Interest Margin (NIM) 3.9%-4.2%
Cost to income ratio (CIR) 44.0%-47.0%
NPL Gross 1.8%-2.2%
Cost of credit - CoC 0.9%-1.4%
Return on Asset (ROA) 1.7%-2.0%
Return on Equity (ROE - Tier-1) 12.0%-14.0%
Capital Adequacy Ratio (CAR) 23.0%-25.0%
BASIS OF THE 2026 PROJECTIONS In formulating its 2026 outlook, the Bank applies several
In 2026, the resilience of Indonesia’s economic growth macroeconomic assumptions, including economic growth
amid global uncertainty is expected to remain a key of 5.3%, inflation of 2.8%, an exchange rate of Rp16,700/
foundation for achieving national economic growth USD, and a 10-year Government Securities interest rate
targets. Well-maintained economic, social, and political of 6.5% (Source: CIMB Niaga economist forecast, October
stability, including the implementation of a safe and 2025). Based on these assumptions, CIMB Niaga will
orderly General Election, is expected to support loan implement various initiatives to sustain and enhance
growth, notwithstanding the continued challenges posed business growth, including direct promotions, product
by the global economic slowdown. bundling, and improvements in customer experience
to drive the growth of low-cost funds. Plans for human
capital development and marketing are further
elaborated in the relevant sections of this Annual Report.
Dividend Distribution Policy
CIMB Niaga implements its dividend distribution 3. The Bank is permitted to distribute a minimum of 20%
policy based on resolutions of the General Meeting of (twenty percent) of its annual net income as dividends
Shareholders (GMS) and in accordance with Law No. 40 (payout ratio), provided that it considers the Bank’s
of 2007 on Limited Liability Companies. To ensure the financial performance, Capital Adequacy Ratio (CAR)
application of Good Corporate Governance principles after dividend distribution, other investment projects,
in dividend distribution, the Bank has established and the Bank’s soundness, and other relevant factors.
implemented Dividend Policy No. M.03. This policy, Dividends can only be distributed if the Bank reports
among others, governs the following: a net profit and has a positive profit balance, after
1. The dividend distribution plan must be reviewed by accounting for the reserves required by the Limited
the Board of Directors or an equivalent Committee at Liability Companies Law.
least once a year. 4. The plan for dividend distribution is included in the
2. A proposal for dividend distribution must be submitted Bank’s Business Plan and submitted to the OJK.
during a meeting of the Board of Directors or an
equivalent Committee.
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5. The proposed dividend distribution, once approved by CHRONOLOGY OF DIVIDEND DISTRIBUTION
the Board of Directors or an equivalent Committee, is The 2024 Annual GMS, held on 14 April 2025, approved
subsequently submitted to the Board of Commissioners a net profit of Rp3,915.4 billion (gross) for the 2023 fiscal
for recommendation before seeking approval from year, to be distributed as cash dividends according to the
the Annual General Meeting of Shareholders (AGMS). following schedule:
6. If the AGMS approves the distribution of cash 1. Announcement of Dividend Distribution Schedule
dividends, the Bank must pay the cash dividends to and Procedures:14 April 2025
eligible shareholders no later than 30 (thirty) days 2. Cum Dividend in the Regular and Negotiation
after the AGMS decision, ensuring equal treatment Markets: 23 April 2025
for all eligible shareholders, in accordance with the 3. Ex-Dividend in the Regular and Negotiation Markets:
procedures determined by the Board of Directors and 24 April 2025
applicable regulations. 4. Cum dividend in the Cash Market: 25 April 2025
7. Shareholders who are eligible to receive dividends 5. Recording Date for eligible shareholders: 25 April
must comply with Indonesian tax regulations. 2025
8. The Bank may delay, and/or hold dividend payments, 6. Ex-Dividend in the Cash Market: 28 April 2025
and/or withdraw dividend payments from controlling 7. Payment of Dividend for the 2024 Fiscal Year: : 14 May
shareholders, considering factors such as, but not 2025
limited to, the capital ratio declining below the critical
threshold, financial condition issues, and instructions The 2024 Annual GMS, held on 3 April 2023, approved a
from the regulator/OJK. net profit of Rp3,084.4 billion (gross) for the fiscal year
9. Proposals for delaying, and/or holding dividend 2023, which was distributed as cash dividends. Likewise,
payments, and/or withdrawing dividend payments the 2023 Annual GMS, held on 10 April 2023, approved
from controlling shareholders, once approved by the distribution of net profit for the 2022 fiscal year
the Board of Directors or an equivalent Committee, amounting to Rp2,871.8 billion (gross) as cash dividends.
are submitted to the Board of Commissioners for All CIMB Niaga’s net profits for the fiscal years 2024 and
recommendations. The proposal is subsequently 2023, after deducting dividends to shareholders, are
presented to the General Meeting of Shareholders used to fund its business activities.
(GMS) for approval, in compliance with applicable laws
and regulations.
The chronology of CIMB Niaga’s dividend distribution for the 2024, 2023, and 2022 fiscal years is as follows:
Announcement
Fiscal Year Net Profit Dividend Dividend Per Share Payout Ratio Payment Date
Date
2024 Rp6.5 trillion Rp3,915.4 billion Rp155.73 60.00% 14 April 2025 14 May 2025
2023 Rp6.2 trillion Rp3,084.4 billion Rp122.67 50.00% 3 April 2024 3 May 2024
2022 Rp4.8 trillion Rp2,871.8 billion Rp115.16 60.00% 10 April 2023 10 May 2023
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Long-Term Compensation Policy
EQUITY OWNERSHIP PROGRAM (EOP)
CIMB Group introduced the EOP program in March 2011, where it provided CIMB Group common shares to certain
employees, including Senior Vice Presidents (SVPs), Executive Vice Presidents (EVPs), and Directors, at CIMB Niaga’s
expense. Under this program, a portion of employee remuneration would be used to purchase CIMB Group common
shares on the market and later have them vested in installments for eligible employees, based on the vesting date, and
for as long as their employment with CIMB Niaga continues.
The relevant company would act on behalf of the CIMB Group to administer the EOP and hold the shares for the year
prior to the vesting date. Eligibility for participation in the EOP would be determined by the CIMB Group Compensation
Review Committee’s policies. Should employment terminate for any reason other than retirement, disability, or death,
the referred employees would no longer be eligible for any outstanding shares.
In detail, information regarding EOP provided by CIMB Group is as follows:
Amount paid by CIMB Average price
Niaga to the entity per
Total shares (full
EOP Granted Date established by the share (full Effective Date Percentage Vesting Period
amount)
CIMB Group (in million amount)
Rupiah) RM
9 March and 10,524 707,958 4.21 9 March and 33.33% 31 March 2022
5 April 2021 5 April 2021 33.33% 31 March 2023
33.33% 31 December 2023
10 March 2022 4,340 238,000 5.32 10 March 2022 50.00% 31 March 2023
50.00% 31 March 2024
14 March and 6,937 411,839 5.07 14 March and 33.33% 31 March 2023
8 April 2022 8 April 2022 33.33% 31 March 2024
33.33% 31 December 2024
24 March and 7,291 436,734 5.02 24 March and 33.33% 31 March 2024
10 April 2023 10 April 2023 33.33% 31 March 2025
33.33% 31 December 2025
25 March and 6,585 282,027 6.88 25 March and 33.33% 31 March 2025
3 April 2024 3 April 2024 33.33% 31 March 2026
33.33% 31 December 2026
25 March, 14 April, 43,916 1,635,295 6.86 25 March, 33.33% 31 March 2026
and 15 April 2025 14 April, and 33.33% 31 March 2027
15 April 2025 33.33% 31 December 2027
Below is the information on the movements of entitlements shares granted (full amount):
Description 2025 2024 2023
Beginning Balance 546,050 775,085 1,005,414
Granted 1,635,295 282,027 436,734
Exercised *
(437,043) (511,062) (667,063)
Ending Balance 1,774,302 546,050 775,085
*
Vested/Resignation.
SHARE-BASED COMPENSATION RESERVE
As of 31 December 2025, share-based compensation was Rp84,332 million (2024: Rp90,944 million; 2023: Rp137,123
million) is used to record reserves for the Material Risk Taker (MRT) and the Long-Term Incentive Plan (LTIP). The share-
based compensation reserve is also used to record shares granted to employees that have not yet been exercised under
the Material Risk Taker (MRT) program, in accordance with OJK Regulation No. 45/POJK.03/2015 dated 23 December,
2015, regarding the Implementation of Governance in Remuneration for Commercial Banks.
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Beginning in September 2021, the share-based compensation reserve will also be used to post the share reserve for
the Long-Term Incentive Plan (LTIP). The LTIP program is a compensation program that CIMB Group runs that awards
shares and stock options. The LTIP program is offered to Bank employees who meet certain criteria as determined by
the CIMB Group LTIP Committee, with due consideration of the employment relationship, employee performance, and
the Company’s condition.
MRT is a remuneration policy applicable to employees designated for MRT, where variable remuneration must be
deferred by a certain percentage, whether in cash or shares. This reflects the application of the principle of prudence
in remuneration.
Realization of Proceeds from the Public Offering
Until the end of the 2025 financial year, CIMB Niaga did not issue any new shares or bonds/sukuk/subordinated
bonds. However, its subsidiary, CNAF, issued the Shelf Registration of Sukuk Wakalah Bi Al-Istitsmar I CIMB Niaga
Auto Finance’s, phase II and phase III in 2025. All proceeds from the offering has been utilized in accordance with the
disclosure in prospectus and reported in accordance with applicable regulations.
Other Significant Transactions of Significant Amounts
Throughout 2025, there were no other significant transactions with large figures.
Material Information and Facts Occurring after
the Date of the Accountant’s Report
During 2025, there was no material information or facts that took place after the date of the accountant’s report.
Significant Changes at the Bank and the Bank’s Business
Group in the Related Year
During 2025, there was no material information or facts that took place after the date of the accountant’s report.
Financial Information that Has Been Reported, which Contains
Events that are Extraordinary and Rarely Occur
Throughout 2025, there was no financial information about an extraordinary or rare event.
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Provision of Funds, Commitments, and Other Facilities
CIMB Niaga provides funds to related parties, including Executive Officers, the Board of Directors, and the Board
of Commissioners, based on internal policies and under reasonable conditions with the approval of the Board
of Commissioners. Such transactions are carried out in accordance with the arm’s length principle and are further
disclosed in the Material Transactions, Conflicts of Interest, and Transactions with Affiliated Parties/Related Parties
chapter of this Annual Report.
Prohibition, Limitation, and Significant Challenges to Transfer
Funds Between the Bank and Other Entities in the Business Group
Throughout 2025, CIMB Niaga did not record any significant prohibitions, limitations, or challenges in transferring funds
between the Bank and other entities within the CIMB Group.
Information on Material Transactions Related to Investment,
Expansion, Divestment, Business Incorporation/Merger,
Acquisition, and Debt/Capital Restructuring
The Board of Directors follows proper procedures for all material transactions. The Bank ensures that all affiliated
transactions are carried out according to generally accepted business practices. The Board of Commissioners and
Directors is responsible for ensuring that transactions are conducted by generally accepted business practices and
through adequate procedures, including compliance with the arm’s length principle and the appointment of an
independent party to assess the fairness of the transaction value.
INVESTMENT
In 2025, CIMB Niaga did not engage in material value investment activities, so no information was presented about the
objectives, transaction values, or funding sources for expansion activities.
EXPANSION
CIMB Niaga did not conduct any significant expansion activities in 2025. As a result, CIMB Niaga does not disclose any
information about the objective, transaction value, or source of funds for expansion activities.
DIVESTMENT
In 2025, CIMB Niaga did not carry out any material divestment activities. As a result, no information regarding the
objective, transaction value, or source of funds for divestment activities is presented.
ACQUISITION
CIMB Niaga did not make any material acquisitions in 2025. As a result, no information regarding the objective,
transaction value, or source of funds for acquisition activities is presented.
DEBT AND CAPITAL RESTRUCTURING
There were no significant debt or capital restructuring activities in 2025. As a result, CIMB Niaga does not disclose
information about the objective, transaction value, or source of funds for restructuring activities.
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Material Transactions with Conflicts of Interest and
Transactions with Affiliated/Related Parties
MATERIAL TRANSACTIONS WITH CONFLICTS g. A person identified in point (1a) has significant
OF INTEREST influence over the entity or is a member of the
In 2025, CIMB Niaga did not engage in material entity’s key management (or a parent of the
transactions involving conflicts of interest. entity’s); or
h. The entity, or part of a group of which the entity is
TRANSACTIONS WITH AFFILIATED OR a member, provides key management personnel
RELATED PARTIES to the reporting entity or shareholders of the
CIMB Niaga and its Subsidiaries enter into transactions with reporting entity.
related parties in the course of their business activities.
Disclosures of such transactions are made in accordance In extending credit that involves affiliated and related
with PSAK 7 (Revised 2015) regarding Related Party parties, CIMB Niaga refers to Financial Services Authority
Disclosures. Based on this accounting standard, related Regulation (POJK) No. 38/POJK.03/2019 regarding the
parties are defined as individuals or entities that have Legal Lending Limit and Large Exposures for Commercial
certain relationships with the reporting entity, as follows: Banks, as well as CIMB Niaga’s internal policies, including
1. A person or immediate family member is considered the Commercial Credit Policy and Consumer Credit
related to the reporting entity if they: Policy. Such credit facilities are also subject to prior
a. Have control or joint control over the reporting approval from the Board of Commissioners before
party; implementation.
b. Possesses significant influence over the reporting
entity; or RATIONALE FOR RELATED PARTY/AFFILIATED
c. Serves as a key manager or parent of the reporting PARTY TRANSACTIONS
entity. Transactions with related parties are conducted primarily
2. An entity is related to a reporting entity if one of the to support the interests and sustainability of CIMB
following conditions is met: Niaga’s business activities. Such transactions relate to
a. The entity and the reporting entity are members lending and borrowing activities in the normal course
of the same business group (meaning the parent of business, contribute to the generation of operating
entity, subsidiaries, and subsequent subsidiaries income, and are carried out on a routine, recurring, and/
are related to another entity); or ongoing basis in accordance with the arm’s length
b. An entity is an associated entity or joint venture principle and prevailing banking practices.
of another entity (or an associated entity or joint
venture that is a member of a business group, of FAIRNESS OF TRANSACTIONS, REVIEW
which the other entity is a member); MECHANISM, AND COMPLIANCE WITH
c. Both entities are joint ventures by the same third REGULATIONS ON TRANSACTIONS WITH
party; AFFILIATED/RELATED PARTIES
d. One entity is a joint venture of a third entity, while Transactions with related parties are carried out on terms
the other is an associate of the third entity. and conditions equivalent to those applied in transactions
e. The entity is a post-employment benefit plan for with third parties, in accordance with the arm’s length
employees of the reporting entity or a related principle. All transactions conducted by CIMB Niaga have
entity; complied with Financial Services Authority of the Republic
f. The entity is controlled or jointly controlled by a of Indonesia Regulation No. 42/POJK.04/2020 regarding
person identified in point (1) above; Affiliated Transactions and Conflicts of Interest, as
applicable at the time the transactions were undertaken.
In the normal course of business, CIMB Niaga may enter
into transactions with related parties in connection
with ownership and/or management relationships. All
such related party transactions have been conducted in
accordance with internal policies and mutually agreed
terms and conditions, while upholding the principles
of transparency, accountability, and compliance with
prevailing laws and regulations.
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Information regarding related parties of CIMB Niaga, together with the nature of transactions conducted by CIMB Niaga
up to the period ended 31 December 2025, is as follows:
Related Parties Nature of the Relationship Nature of Transaction
CIMB Bank Berhad Owned by the same ultimate shareholder Current Account with other banks; Other assets;
Derivative receivables; Deposits from other
banks; Derivative payables; Obligations due
immediately
CIMB Thai Bank Public Company Limited Owned by the same ultimate shareholder Current Account with other banks; Deposits
from other banks
PT Niaga Manajemen Citra Managed by Bank CIMB Niaga’s executive officers Right-of-use assets; Deposits from
customers; Other liabilities
CIMB Group Sdn Bhd Ultimate shareholder Deposits from other banks; Accruals;
Subordinated loans
PT Synergy Dharma Nayaga Owned by the same ultimate shareholder Deposits from customers
PT Commerce Kapital Owned by the same ultimate shareholder Deposits from customers
Southeast Asia Special Asset Vehicle Limited Owned by the same ultimate shareholder Deposits from customers
PT Principal Asset Management Owned by the same ultimate shareholder Deposits from customers
CIMB Private Equity Sdn Bhd Owned by the same ultimate shareholder Deposits from customers
Dana Pensiun Bank CIMB Niaga Managed by Bank CIMB Niaga’s executive officers Deposits from customers
CIMB Group Holdings Berhad Ultimate shareholder Deposits from other banks
CIMB Islamic Bank Berhad Owned by the same ultimate shareholder Deposits from other banks
CIMB Investment Bank Berhad Owned by the same ultimate shareholder Other assets; Deposits from other banks;
Obligations due immediately
CIMB Bank Plc Cambodia Owned by the same ultimate shareholder Deposits from other banks
Board of Commissioners, Board of Directors, Management of Bank CIMB Niaga Loans; Accrued interest income; Deposits from
and Executive Officers of the Bank customers
STATEMENT OF THE BOARD OF DIRECTORS AND THE BOARD OF COMMISSIONERS ON
AFFILIATED TRANSACTIONS
The Board of Directors states that all affiliated transactions undertaken have been subject to adequate internal
procedures. The Bank also ensures that such affiliated transactions are conducted in accordance with generally
accepted business practices, including the application of the arm’s length principle.
In their implementation, the Board of Commissioners and the Audit Committee play a role in ensuring that the
transactions have been carried out through adequate procedures, as well as ensuring that the transactions are conducted
in accordance with generally accepted business practices, including compliance with the arm’s length principle.
Affiliated transactions and/or material transactions carried out by CIMB Niaga form part of the normal course of
business aimed at generating operating income and are conducted on a routine, recurring, and/or ongoing basis.
All such transactions have been transparently disclosed in the annual financial statements through the Notes to the
Financial Statements.
THE VALUE OF TRANSACTIONS WITH RELATED PARTIES
In 2025, the total value of transactions with related parties on the asset side was Rp3.5 trillion and on the liability side it
was Rp1.3 trillion. Information regarding outstanding balances on transactions with related parties that are associates
of CIMB Niaga is as follows:
(in million Rupiah)
Value of Transactions with Related Parties 2025 2024 2023
ASSETS
Current Accounts with Other Banks
CIMB Bank Berhad 45,170 49,822 19,395
CIMB Thai Bank Public Company Limited 6,638 11,231 5,334
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Value of Transactions with Related Parties 2025 2024 2023
Loans
Board of Commissioners 14,779 8,516 9,568
Board of Directors 26,339 25,935 87,446
Executive Officers of the Bank 105,165 87,873 73,743
Right-of-use assets
PT Niaga Manajemen Citra 119,458 137,700 115,392
Derivative bill
CIMB Bank Berhad 28,985 22,140 18,805
Interest income still to be received
Board of Commissioners 39 40 31
Board of Directors 49 59 69
Executive Officers of the Bank 103 116 139
Other Assets
CIMB Bank Berhad 3,135,423 664,740 654,271
CIMB Investment Bank Berhad 5,570 - -
Total assets associated with related parties 3,487,738 1,008,172 984,193
Percentage to total assets 0.94% 0.28% 0.29%
(in million Rupiah)
Value of Transactions with Related Parties 2025 2024 2023
LIABILITIES
Customer deposits
Current Accounts
Board of Commissioners 11,616 9,378 5,232
Board of Directors 23 84 247
Executive Officers of the Bank 9 19 -
PT Synergy Dharma Nayaga 104,994 103,921 102,721
PT Commerce Kapital 69,034 129,254 97,566
Southeast Asia Special Asset Vehicle Limited 10,586 10,673 10,575
PT Principal Asset Management 982 491 967
CIMB Private Equity Sdn Bhd 109 109 110
CIMB Securities Limited - - 497
Bank CIMB Niaga Pension Fund 208 3 691
PT Niaga Manajemen Citra 10 2 20
Savings
Board of Commissioners 25,905 18,569 15,526
Board of Directors 121,517 113,402 87,926
Executive Officers of the Bank 165,799 169,886 150,334
Bank CIMB Niaga Pension Fund 374 5 4
Time Deposits
Board of Commissioners 2,300 3,732 5,950
Board of Directors 7,052 4,974 3,516
Executive Officers of the Bank 10,924 13,966 22,169
PT Principal Asset Management 1,500 4,100 7,000
Bank CIMB Niaga Pension Fund - 3,735 540
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Value of Transactions with Related Parties 2025 2024 2023
Deposits from other banks (Current Accounts)
CIMB Bank Berhad 75,211 93,819 86,838
CIMB Islamic Bank Berhad 3,331 8,327 4,455
CIMB Thai Bank Public Company Limited 2,067 570 2,060
CIMB Investment Bank Berhad 73 198 534
CIMB Bank Plc - Cambodia 142 - -
CIMB Group Sdn Bhd 71,976 21,147 23
CIMB Group Holdings Berhad 4 4 5
Derivative payables
CIMB Bank Berhad 24,211 15,751 19,907
Subordinated Bonds
CIMB Bank Berhad - 35,767 35,996
Obligations Due Immediately
CIMB Bank Berhad 455,446 384,166 91,885
CIMB Investment Bank- Berhad 52,243 37,448 -
Other liabilities
PT Niaga Manajemen Citra 40,699 52,785 77,526
Accruals
CIMB Bank Berhad - 460 460
Total liabilities attributed to related parties 1,258,345 1,236,745 831,280
Percentage to total liabilities 0.40% 0.40% 0.29%
Transactions Between the Bank and Related Parties
As part of integrated risk management within the among entities within the group. The presentation of this
business group, CIMB Niaga discloses transactions with information aims to provide a comprehensive overview
related parties. This disclosure is intended to ensure of potential exposures, interdependencies of interests,
that all transactions, whether conducted by the Bank or and risk mitigation measures undertaken by the Bank
by other financial entities within the business group, are to maintain integrity, independence in decision-making,
transparent, accountable, and in accordance with the and the interests of all stakeholders.
arm’s-length principle and generally accepted business
practices. During 2025, CIMB Niaga did not make any transactions
with related parties other than affiliate/related party
In line with the provisions of SEOJK No. 29/SEOJK.03/2025, transactions, which have been disclosed in the Material
CIMB Niaga presents information on transactions Transactions, Conflict of Interest, and Affiliate/Related
with related parties within the Bank’s business group, Party Transactions chapter of this Annual Report.
including the types, characteristics, and interrelationships
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Spot and Derivative Transactions
In 2025, CIMB Niaga recorded activities involving spot transactions, derivatives, and hedging facilities, as shown in the
table below:
(in million Rupiah)
Growth (%)
Derivative Receivables and Liabilities 2025 2024 2023
2024–2025 2023–2024
Derivative receivables (fair value) 773,692 1,184,890 849,014 (34.70) 39.56
Unrelated to hedging 766,248 1,156,552 830,806 (33.75) 39.21
Hedging instruments in fair value hedges related 7,444 28,338 18,208 (73.73) 55.63
Derivative payables (fair value) 598,119 906,630 540,051 (34.03) 67.88
Unrelated to hedging 535,539 896,742 523,676 (40.28) 71.44
Hedging instruments in fair value hedges related 62,580 9,888 16,375 532.89 (45.94)
The Bank’s derivative receivables primarily comprised interest rate swap transactions, representing 78.51% and 12.03%,
respectively. The decrease in derivative receivables was primarily due to a decrease in interest rate swap to Rp607.5
billion in 2025 from Rp820.1 billion in 2024.
(in million Rupiah)
Growth (%)
Tagihan Derivatif 2025 2024 2023
2024–2025 2023–2024
Interest rate swaps 607,462 820,141 378,297 (25.93) 116.80
Foreign Currency Swaps 93,056 124,290 331,446 (25.13) (62.50)
Foreign currency forwards 36,345 106,342 95,773 (65.82) 11.04
Foreign currency options 27,942 75,474 42,259 (62.98) 78.60
Interest rate future 4,996 21,755 - (77.04) 100.00
Foreign currency spots 3,891 3,969 1,239 (1.97) 220.34
Bond futures contract - 32,919 - (100.00) 100.00
Total 773,692 1,184,890 849,014 (34.70) 39.56
The Bank’s derivative liabilities of 4578.2251% represent interest rate swaps. In 2025, the increase in derivative liabilities
was primarily due to foreign currency swap transactions of Rp134.8 billion to Rp188.9 billion in 2025, as well as interest
rate swaps of Rp127,270.35 billion to Rp270.5 billion in 2025 from Rp397.8 billion in 2024. The hedging facility undertaken
by CIMB Niaga is for interest rate swap transactions.
(in million Rupiah)
Growth (%)
Derivative Liabilities 2025 2024 2023
2024–2025 2023–2024
Interest rate swaps 270,478 397,770 299,397 (32.00) 32.86
Foreign currency swaps 188,906 323,677 116,854 (41.64) 176.99
Foreign currency options 109,387 78,277 51,397 39.74 52.30
Foreign currency forwards 22,539 100,636 46,385 (77.60) 116.96
Interest rate future 4,319 2,718 1,844 58.90 47.40
Foreign currency spots 2,490 3,552 24,174 (29.90) (85.31)
Total 598,119 906,630 540,051 (34.03) 67.88
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Performance Management Company Management Risk
Highlights Reports Profile Discussion & Analysis Management
Changes in Law and Regulations with Significant Effect on the
Bank and Their Impact on Financial Report
No. Law or Regulation Significant Changes from the Previous Regulation or the Main Points of the New Regulation
1. a. PBI No. 3 of 2025. 1. The percentage of Natural Resource Export Proceeds (DHE SDA) that must be placed (retained) within
b. PADG No. 4 of 2025 Indonesia’s financial system (Sistem Keuangan Indonesia/SKI) and the corresponding retention periods are
Concerning Second as follows:
Amendment to a. 100% for the Mining, Plantation, Forestry, and Fisheries sectors, with a retention period of 12 (twelve)
PADG No. 4 of 2023 months; and
on Export Proceeds b. 30% for the oil and gas mining sector, with a retention period of 3 (three) months.
(Devisa Hasil Ekspor/ 2. Bank Obligations:
DHE) and Import a. To submit complete, accurate, and timely information and reports to Bank Indonesia (BI) regarding the
Payment Foreign inflow and placement of DHE, including exporters’ (customers’) ownership of SVBI/SUVBI, to BI;
Exchange. b. To ensure that the inflow and placement of funds originating from DHE SDA—such as Foreign Currency
Deposits, Conventional TD-OPT in Foreign Currency at BI, and SVBI/SUVBI—are conducted through
instruments available domestically;
c. To ensure that the utilization of DHE SDA by exporters and/or the Bank is carried out in accordance
with prevailing regulations, and to properly administer the utilization of DHE SDA placement instruments
owned by exporters; and
d. To apply special identifiers to Foreign Currency Deposits and third-party fund instruments used by the
Bank for placement into Conventional TD-OPT in Foreign Currency at BI.
2. SEOJK No. 14/ 1. The Financial Services Authority (OJK) has added 6 (six) new assessment factors for the implementation of
SEOJK.03/2025 governance, bringing the total to 16 (sixteen) assessment factors (previously 11 (eleven)).
Concerning 2. Regulation of the cooling-off period for Independent Parties on Bank Committees.
Implementation 3. The Bank ensures that every transaction with parties having a special relationship with the Bank is not more
of Governance for favorable than transactions with other parties under similar conditions or is conducted on an arm’s-length
Commercial Banks basis.
4. Regulating parties that have a special relationship with the bank and transactions with parties that have a
special relationship.
5. Transactions between the Bank and parties having a special relationship, as well as the write-off of exposures
to parties having a special relationship, must obtain approval from the Board of Commissioners of the Bank.
3. a. PADG Nomor 11 of 1. Adjustment to the PLM fulfillment requirements for Commercial Banks (BUK), as follows:
2025
b. PADG No. 23 of PLM Requirement under Previous PLM Requirement under Current
Type of Bank
Regulation Regulation
2025 Concerning
the Amendment to BUK (incl.UUS) 5% 4%
PADG No. 21/22/
PADG/2019 on the 2. Types of securities that may be counted toward PLM fulfillment are as follows:
Macroprudential a. Securities/sharia securities issued by Bank Indonesia.
Intermediation b. Securities/sharia securities issued by the Government of the Republic of Indonesia.
Ratio (RIM) and the c. Securities/sharia securities issued by other financial services institutions.
Macroprudential 3. Banks are required to include BI-FRN in the calculation of PLM. BI-FRN is a rupiah-denominated security
Liquidity Buffer issued by Bank Indonesia as recognition of short-term debt with a floating interest rate.
(PLM) for
Commercial Banks
(BUK), Sharia
Commercial Banks
(BUS), and Sharia
Business Units (UUS)
4. POJK No. 20 of 2025 1. Banks are required to meet and maintain LCR and NSFR at a minimum of 100% in stages, as well as perform
Concerning the LCR and NSFR calculations, publish LCR, and submit LCR and NSFR reports.
Obligation to Fulfill 2. Banks are required to have a policy on High-Quality Liquid Assets (HQLA) which at a minimum covers:
the Liquidity Coverage a. Identification of the legal entity, geographical location, currency type, and/or accounts where HQLA are
Ratio (LCR) and the placed; and
Net Stable Funding b. Exclusion of certain assets from HQLA based on operational considerations.
Ratio (NSFR) for Sharia
Commercial Banks
(BUS) and Sharia
Business Units (UUS)
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Impact and Adjustments Made by
Reason for Changes Impact on Financial Report
CIMB Niaga and Subsidiaries
Bank Indonesia has adjusted the DHE SDA 1. CIMB Niaga has aligned its internal It does not have any impact on the Bank’s
placement obligations and expanded DHE procedures with these provisions; Financial Statements.
SDA placement instruments to include SVBI 2. CIMB Niaga has submitted reports on
and SUVBI. exporters’ (customers’) SVBI/SUVBI
ownership and the results of DHE SDA
placements to Bank Indonesia through the
designated infrastructure/system.
This SEOJK serves as an implementing 1. CIMB Niaga will submit the self- It does not have any impact on the Bank’s
regulation of POJK No. 17 of 2023 concerning assessment report in accordance with the Financial Statements.
the Implementation of Governance for Working Paper and assessment factors
Commercial Banks and POJK No. 2 of 2024 under this SEOJK no later than 15 February
concerning the Implementation of Sharia 2026.
Governance for Sharia Commercial Banks 2. CIMB Niaga has aligned its internal
(BUS) and Sharia Business Units (UUS). procedures with these provisions.
Adds the types of securities (including sharia CIMB Niaga has aligned the Bank’s internal Effect on the Bank’s Financial Statements.
securities) that may be counted toward PLM procedures with these provisions.
fulfillment.
These provisions underscore the need for 1. CIMB Niaga will align the Bank’s internal Effect on the Bank’s Financial Statements.
standardized liquidity ratio calculations to procedures with these provisions.
measure the minimum liquidity level and the 2. CIMB Niaga will fulfill LCR and NSFR in
minimum level of stable funding that must accordance with the applicable phases/
be maintained by BUS and UUS, in line with periods stipulated in these provisions.
applicable international standards; 3. CIMB Niaga will submit the LCR Report
and publish the LCR calculation for the
first time to OJK in accordance with these
provisions.
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Performance Management Company Management Risk
Highlights Reports Profile Discussion & Analysis Management
No. Law or Regulation Significant Changes from the Previous Regulation or the Main Points of the New Regulation
5. PADK Nomor 37/ 1. Banks are required to have General and Specific RIPLAY. The difference between General RIPLAY and Specific
PADK.08/2025 RIPLAY lies in the materials presented, as follows:
Concerning Provision a. General RIPLAY: non-individual/non-personal in nature, applicable to all customers, and disclosed through
and Disclosure of the Bank’s official website;
Information for the b. Specific RIPLAY: more specific in nature, applicable to prospective customers/specific customers, and
Marketing of Financial provided prior to the customer signing the agreement.
Products and Services. 2. Where the Bank conducts marketing through third parties, the following must be ensured:
a. The third party discloses and/or states its identity and relationship with the Bank prior to the provision of
information;
b. The products and/or services marketed by the third party are licensed by OJK and carried out in accordance
with the agreement;
c. The third party possesses the necessary skills, competencies, and/or qualifications to deliver information;
d. The third party does not misuse customer and/or prospective customer data and information and
complies with data and/or information protection provisions;
e. The Bank remains responsible for the activities of providing and delivering information for the marketing
of products and/or services conducted by the third party; and
f. The Bank conducts periodic evaluations of its cooperation with third parties in relation to the provision
and delivery of information for the marketing of products and/or services.
3. Banks are required to document RIPLAY (General and Specific) in accordance with applicable document
retention regulations.
6. SEOJK No. 26/ 1. ILAAP forms part of the Bank’s assessment in determining liquidity adequacy in accordance with the level
SEOJK.03/2025 of risk (risk appetite and risk tolerance) assumed and determined by the Bank, while also considering the
Concerning Internal impact of liquidity risk on the Bank’s condition.
Liquidity Adequacy 2. The Internal Audit Unit (SKAI) and the Risk Management Unit (SKMR) are required to conduct an adequate
Assessment Process review of the Risk Management Policies and Procedures for ILAAP at least once a year.
(ILAAP) for Commercial 3. Banks are required to submit ILAAP implementation reports, intraday liquidity reports, significant foreign
Banks currency LCR reports, funding profile reports, and Survival Period Monitoring (SPM) reports.
7. POJK No. 24 of 2025 1. Account Classification
Concerning Account
Management at Classification Deskripsi
Commercial Banks.
Active Account An account that has activities in the form of deposits, withdrawals, or balance inquiries.
Inactive Account An account that has no deposit, withdrawal, or balance inquiry activity for more than 360 days.
Dormant Account An account that has no deposit, withdrawal, or balance inquiry activity for more than 1,800 days.
Note:
1. Activities generated by the Bank’s system are not considered deposit or withdrawal activities.
2. Certain types of accounts established for specific purposes (e.g. Hajj Savings, escrow accounts, customer
funds for investment, or Planned Savings accounts) are classified as active accounts.
2. Banks are required to have Policies and Procedures regarding Account Administration.
3. Supervision dan APU-PPT Banks are required to conduct stricter monitoring of inactive and dormant
accounts to prevent money laundering, terrorism financing (AML-CFT), and fraudulent transactions.
4. Bank Obligations regarding Management of:
a. Inactive Accounts, for example: informing customers that their checking and savings accounts have
become inactive, deactivating withdrawal features for inactive accounts.
b. Dormant Accounts, example: informing customers that their checking and savings accounts have become
dormant, deactivating withdrawal and deposit features.
8. SEOJK No. 20/ 1. Banks are required to publish information on complaint handling, which includes:
SEOJK.08/2025 a. A brief procedure for consumer and/or public complaint services and complaint handling; and
Concerning the b. Information on complaints received by the Bank, disclosed in the Annual Report, on the Bank’s website,
Publication of and/or through other media, such as the Bank’s social media, email, and SMS.
Complaint Handling 2. Evidence of the publication of complaint handling must be submitted by the Bank through a self-assessment
and Complaint report, to be delivered no later than 30 September via SiPEDULI.
Handling Reports 3. Banks are required to prepare and submit Complaint Service Reports to OJK as follows:
a. Reports on the types of products and/or services and the issues complained of;
b. Reports on complaints resolved during the reporting period;
c. Reports on the handling of complaints that have become disputes;
d. Reports on the causes of complaints; and
e. Reports on negative media coverage of products and/or services.
244 PT BANK CIMB NIAGA TBK 2025 Annual Report
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Impact and Adjustments Made by
Reason for Changes Impact on Financial Report
CIMB Niaga and Subsidiaries
The Bank’s need for more comprehensive 1. CIMB Niaga will update RIPLAY no later It does not have any impact on the Bank’s
and standardized guidelines on the provision than 2 June 2026. Financial Statements.
and disclosure of information for marketing 2. CIMB Niaga will align the Bank’s internal
purposes, as well as the presentation procedures with these provisions.
of Product and/or Service Information
Summaries, in accordance with prevailing
laws and regulations.
Referring to the provisions under the POJK 1. CIMB Niaga has submitted trial reports in Effect on the Bank’s Financial Statements.
on LCR and NSFR, which require Banks to accordance with the prevailing provisions.
conduct an Internal Liquidity Adequacy 2. CIMB Niaga will submit reports related to
Assessment Process (ILAAP) adjusted to the ILAAP in accordance with the applicable
size, characteristics, and complexity of the regulations.
Bank’s business activities. 3. CIMB Niaga will adjust the Bank’s internal
procedures in line with these provisions.
The standardization of regulations governing 1. CIMB Niaga will enhance the Bank’s It does not have any impact on the Bank’s
the management of customer accounts aims systems. Financial Statements.
to minimize differences in treatment, protect 2. CIMB Niaga will adjust the Bank’s internal
customer interests, and ensure transparency procedures in accordance with these
and procedural certainty for all stakeholders. provisions.
This SEOJK provides guidance to PUJK (Banks) 1. CIMB Niaga has aligned the Bank’s internal It does not have any impact on the Bank’s
regarding the publication of brief complaint procedures with this SEOJK. Financial Statements.
service procedures and complaint handling, 2. CIMB Niaga has published complaint
as well as the format of reports and the handling information through its website
procedures for completing Complaint Service and social media channels.
Reports.
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Performance Management Company Management Risk
Highlights Reports Profile Discussion & Analysis Management
Changes in Accounting Policy
REASONS FOR CHANGES
CIMB Niaga has implemented several new accounting standards that became effective on 1 January 2025, and were
deemed relevant to the Bank’s business activities. The accounting standards, including changes to accounting policies
and their disclosures, have been implemented in compliance with the applicable Statements of Financial Accounting
Standards (SFAS).
REASONS FOR CHANGES IN ACCOUNTING POLICIES AND IMPACT ON FINANCIAL STATEMENTS
The Financial Accounting Standards Board of the Indonesian Institute of Accountants (DSAK-IAI) has revised some of its
accounting standards that became effective on 1 January 2025, including changes in accounting policies that CIMB Niaga
has implemented, which either have or do not have impacts on its business.
The changes to SFAS and ISFAS made during 2025 had no impact on any of the figures reported in CIMB Niaga’s
consolidated financial statements. The changes in accounting policies have been adopted for information presented
outside the financial statements, and the financial statements have been reviewed.
Impact on CIMB Niaga
No Accounting Standard Adoption of IFRS/IAS Summary of Changes
and Subsidiaries
1 Amendment to SFAS Adoption of Amendments Amendments concerning non- This SFAS amendment has
221: The Effect of to IAS 21 – Lack of convertibility. These amendments no impact on the Bank and
Changes in Foreign Exchangeability clarify the provisions regarding the Subsidiaries’ Financial Statements
Exchange Rates conditions under which a currency is as of 1 January 2025.
non-convertible and the disclosure
requirements. This SFAS amendment is effective
for the fiscal year beginning
1 January 2025.
2 Amendment to SFAS - Consequential amendments due to the This SFAS amendment has
370: Accounting for Tax effective implementation of Indonesian no impact on the Bank and
Amnesty Assets and SFAS for Private Entities . Subsidiaries’ Financial Statements
Liabilities as of 1 January 2025.
This SFAS amendment is effective
for the fiscal year beginning
1 January 2025.
246 PT BANK CIMB NIAGA TBK 2025 Annual Report
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Application of the Foreign Account Tax Compliance Act
(FATCA) & Common Reporting Standard (CRS)
FATCA is a regulation enacted by the United States of Government Regulations instead of Law No. 1 of 2017
Department of Treasury and Internal Revenue Service regarding Access to Financial Information for Tax Purposes
(IRS) to prevent tax evasion by US citizens or companies becoming law.
(US persons) using funds or businesses held outside of the
US. The Common Reporting Standard (CRS) is a standard CIMB Niaga is consistently committed to complying with
for the automatic exchange of financial information for tax FATCA and CRS provisions. To implement FATCA provisions,
purposes, which includes commentaries developed by the CIMB Niaga has registered for FATCA membership with
Organization for Economic Cooperation and Development the IRS as a financial institution. Compliance with CRS
(OECD) and G20 member countries. has been fulfilled by reporting CRS data to the Financial
Services Authority (OJK) on an annual basis through
The Indonesian government also signed the International the Foreign Customer Information Submission System
Automatic Exchange of Information (AEOI) agreement with Application, also known as the “Penyampaian Informasi
the issuance of Law No. 9 of 2017 regarding Stipulation Nasabah Asing (SiPINA)” Application.
As a financial institution, the Bank is required to disclose information
related to taxation from foreign citizens.
A 30% withholding tax penalty is imposed on Procedures for
non-compliant financial institutions for funds
transferred to countries outside the US.
Participating Companies
1 2
Register as a Develop additional
participating procedures for identifying
foreign financial customers or potential
institution. customers.
3 4
Develop additional Regular reporting to
procedures for completing the Financial Services
the declaration form for Authority (OJK).
customers or potential
customers.
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Performance Management Company Management Risk
Highlights Reports Profile Discussion & Analysis Management
Marketing Aspects
MARKET SEGMENT ANALYSIS, COMPETITIVE This strategy not only meets the evolving demands of
LANDSCAPE, AND MARKET PENETRATION customers seeking a banking relationship that transcends
EFFORTS mere transactions but also positions CIMB Niaga as a
The domestic economy was still doing pretty well, with financial partner, giving the Bank greater relevance as
another resilient period of growth, driven by robust they pursue their dreams in an increasingly dynamic
consumption and more bustling economic sectors, a market.
trend that was associated with a steady financial sector,
especially in banking, despite increasingly complex MARKETING STRATEGY AND THE BANK’S
global challenges. The year 2025 saw an economic POSITION IN THE BANKING INDUSTRY
growth of 5.11%, driven by strong export performance CIMB Niaga consistently implements innovative,
and higher consumer spending, alongside an uptick in customer-focused marketing strategies while striving to
non-construction investments, which collectively bolster drive sustainable growth in the Bank’s performance. This
domestic demand. strategy focuses on enhancing the customer experience
by strengthening customer targeting and deepening
A further testament to the resilient system was adequate customer engagement, as well as optimizing digital
liquidity and capital indicators. Bank Indonesia and marketing activities to reach customers more effectively
the Financial Services Authority (OJK) report that and relevantly.
banking liquidity remained well above regulatory safety
thresholds, evidenced by robust Liquid Assets/Third Party Throughout 2025, CIMB Niaga continued the
Funds (AL/TPF) and Liquid Assets/Non-Core Deposits (AL/ implementation of its integrated, adaptive marketing
NCD) ratios, as well as a high Liquidity Coverage Ratio strategy to strengthen business growth and enhance
(LCR), indicative of a solid liquidity base to support the the Bank’s relevance amid the dynamics of the banking
banking intermediation function. industry. One of the main focuses of this strategy was
to expand reach beyond its regional areas through both
In terms of asset quality, the banking sector maintained a online and offline marketing activities. The objective was
low non-performing loan (NPL) ratio, with both gross and to expand the customer base while increasing CIMB
net NPLs at levels that suggest stability within the loan Niaga’s brand exposure in various potential regions.
portfolio. Additionally, a strong Capital Adequacy Ratio
(CAR) positions the industry well to absorb potential In line with those efforts, CIMB Niaga continued to
emerging risks. deliver on its commitment to bringing to both its existing
and potential customers a brand experience, applying
Having foreseen that occurrence, CIMB Niaga had devised different approaches to each of its key focus segments.
a more robust strategy to deepen market penetration As it better understood the needs and characteristics
by leveraging in-depth insights into customer trends of each segment, CIMB Niaga delivered a consistent,
and needs. It was an approach that entailed developing relevant, and value-added brand experience at every
innovative products, digital services, and solutions that customer interaction. In 2025, CIMB Niaga continued to
enhance customer access and provide value beyond strengthen this brand experience by embracing the Kejar
traditional transactional services. Mimpi brand positioning spirit. Through a structured
segmentation approach, CIMB Niaga was offering banking
Through its Kejar Mimpi brand initiative, CIMB Niaga is products and services tailored to the needs of each
now building community-based platform for different segment, including youth, family, emerging businesses,
customer segments like young professionals, families, affluent customers, sharia customers, commercial
sharia-compliant banking clients, and emerging banking, and corporate banking. This approach has
businesses. This segmented marketing strategy is enabled CIMB Niaga to provide more targeted, value-
designed to bolster loyalty and engagement, tailored added financial solutions to each customer group.
to each group’s unique needs and behaviors. CIMB
Niaga is the first to use community-centric approach
in its marketing efforts, targeting initially the youth
demographic segment, and now has extending the
scope to reach tens of Kejar Mimipi across major cities
in Indonesia.
248 PT BANK CIMB NIAGA TBK 2025 Annual Report
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To strengthen brand engagement and loyalty, CIMB Niaga to be more personalized, using relevant language
is developing the role of brand evangelists. This initiative and topics tailored to the characteristics and needs of
is realized through strengthening the Kejar Mimpi each customer segment. The objective was to increase
community, brand warriors, and employee warriors, engagement while strengthening the Bank’s relationship
who act as agents for spreading brand value and driving with its customers.
positive word of mouth within the community.
This year, CIMB Niaga also expanded its marketing
Another key part of its marketing strategy in 2025 was strategy with more use of its communication channels.
improving customer experience. CIMB Niaga developed Previously focused on major social media platforms such
a Customer-Centric Organization culture that places as Instagram and Facebook, the Bank was then now
customers at the center of every process and decision- expanding its reach to various other digital channels and
making process. This approach was backed by more platforms with the potential to reach a wider audience.
effective marketing and communication channels This channel expansion aligned with changing consumer
through personalized content marketing, ensuring that behavior and the development of the digital ecosystem,
messages delivered to customers are more relevant and resulting in increasingly diverse and relevant CIMB
targeted. Niaga brand touchpoints. Furthermore, CIMB Niaga
is strengthening its community-based approach and
In addition to its external focus, CIMB Niaga also strategic collaborations as an integral part of the Bank’s
strengthens internal engagement by building its brand marketing strategy throughout 2025.
from within the organization through an inside-out
marketing strategy. This effort aims to ensure that all To deliver the best customer experience, CIMB Niaga
CIMB Niaga employees have a strong understanding and actively organizes a range of engagement-driven activities
commitment to the Bank’s values, products, and services. and initiatives. These activities include the Chase Your
All of these marketing strategies are complemented by Dreams Night for Indonesia, Wealth Xpo, Haya Festival,
a strengthened Public Relations role to continuously Syariah Talks, CIMB Niaga Ngobiz, Chase Your Dreams
increase CIMB Niaga’s visibility, credibility, and public Rising Start, and various other engagement events.
presence. These initiatives are designed to strengthen customer
interactions across segments while emphasizing CIMB
To support the implementation of this strategy, CIMB Niaga’s position as a relevant, inspiring, and community-
Niaga continues to optimize its entire distribution focused financial partner.
network and service channels, including branches, ATMs,
CDM/CRM, Digital Lounges, and digital channels such as INTERNAL MARKETING
OCTO Mobile, OCTO Clicks, and BizChannel@CIMB. This In line with the “Inside Out Marketing” campaign, CIMB
network optimization allows the Bank to continuously Niaga continues to implement an internal marketing
innovate in product, service, and business process and communications strategy for all employees.
development, while simultaneously improving service The strategy’s objective is to strengthen CIMB Niaga
quality and the overall customer experience. Transaction employees’ understanding of and engagement with the
security, particularly on digital channels, is also a top Bank’s promoted products and services, enabling them to
priority in bolstering customer trust. act as brand ambassadors in every customer interaction.
Consistent implementation of effective and targeted This strategy is implemented through integrated
marketing strategies has led CIMB Niaga to deliver robust product and service education, including daily internal
performance and retain its position as the second-largest email blasts and themed screen displays (wallpapers)
private bank in Indonesia by assets. By continuing to on all employees’ laptops and desktops. Furthermore,
place customer needs and preferences at the forefront, internal marketing communications are supported by
CIMB Niaga can respond adaptively to market dynamics information dissemination through an Internal Digital
through marketing strategies that are planned, efficient, Magazine and content broadcasts on LED TVs installed
and aligned with the Bank’s growth targets. in several of the Company’s main offices. This approach
is expected to create message alignment, increase
MARKETING COMMUNICATIONS STRATEGY employee engagement, and strengthen the consistency
Throughout 2025, CIMB Niaga implemented a marketing of the customer experience across all CIMB Niaga service
communications strategy focused primarily on digital points.
channels. The communication approach was designed
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Performance Management Company Management Risk
Highlights Reports Profile Discussion & Analysis Management
BANK PRODUCT POSITIONING IN THE The Bank continues to develop products by integrating
MARKET AND WITH CONSUMERS narratives, programs, and processes across its various
CIMB Niaga is a major player in the national banking business lines. This effort is expected to provide valuable
industry with a strong market positioning, particularly customer experiences, fostering stronger relationships,
in the development and provision of digital banking increased trust, and sustained loyalty. Through
services in Indonesia. The Bank’s competitive advantage consistent, integrated communication, customers can
in marketing lies in its ability to leverage technology to experience the Bank’s product and service developments
optimize the overall customer experience. that align with their needs and expectations, while also
receiving relevant and innovative financial solutions.
Through an integrated digital platform, mobile banking
applications, and online banking services, CIMB Niaga This approach enables the Bank to deliver messages
makes it easier for customers to conduct transactions, more clearly, consistently, and effectively through various
access information, and manage their financial needs communication channels, both digital and traditional.
quickly, securely, and efficiently. This technology-based With a targeted, integrated communication strategy,
approach enables the Bank to provide services that meet CIMB Niaga can build a positive image, strengthen
the dynamic needs of customers, while strengthening its brand position in the market, and create stronger
customer engagement and loyalty amid the accelerating differentiation from competitors. Ultimately, this strategy
digital transformation of the banking industry. can increase customer satisfaction and engagement, and
become a key driver of the Bank’s sustainable, long-term
Furthermore, CIMB Niaga continues to strengthen business growth.
its brand reputation as a comprehensive digital bank
with a strong commitment to sustainability. This image This approach also enables the Bank to deliver messages
strengthening is achieved through consistent delivery more clearly and effectively, through both digital and
of comprehensive digital services and communications traditional channels. With a targeted and integrated
that emphasize the Bank’s commitment to responsible communication strategy, CIMB Niaga can build a positive
and sustainable business practices. Furthermore, the image, strengthen its brand position in the market,
Bank’s marketing strategy involves building a strong and differentiate itself from competitors. This not only
brand image, actively engaging in community activities, improves customer satisfaction but also drives long-term
and developing innovative marketing campaigns to build business growth.
trust and strong relationships with the community.
INTEGRATION, SYNERGY, AND ALLIANCES
PRODUCT DEVELOPMENT CIMB Niaga continuously raises awareness of optimizing
CIMB Niaga continuously develops a marketing strategy business integration, synergy, and alliances to
that is adaptive and responsive to market dynamics. strengthen business growth. These efforts are supported
By prioritizing innovation, technology adoption, and by a targeted business acquisition strategy, which
quality customer service, the Bank continues to deliver entails developing and adopting business leads more
added value through the development of products and systematically. The Bank also continues to encourage
services that are relevant to customer needs. This effort synergy across business units to explore various growth
is also realized through the provision of product bundling opportunities through a customer deepening approach
solutions specifically designed to deliver optimal across various business segments within its existing
convenience and benefits to each customer segment. customer base.
CIMB Niaga also offers an integrated, comprehensive Through the implementation of cross-selling strategies
service concept encompassing both conventional and and strengthening inter-unit value chains, CIMB Niaga
Sharia banking services. These services are provided has sought to increase product holdings per customer
through a combination of physical and digital channels, while deepening customer engagement with the Bank. In
enabling customers to receive a consistent, easily this context, close cooperation and coordination between
accessible, and personalized banking experience, in business units are key factors in driving increased product
line with the Bank’s digital transformation and evolving and service sales, expanding the customer network, and
customer behavior. creating sustainable added value for the Company.
250 PT BANK CIMB NIAGA TBK 2025 Annual Report
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The Bank also continues to establish business synergies will enable the Bank to offer more relevant, targeted, and
with its subsidiary, PT CIMB Niaga Auto Finance (CNAF), value-added products and services.
in consumer financing for Car Ownership Loans (KPM).
In addition, collaborations with other groups are also Furthermore, AI technology also supports more
continuously pursued to enhance product linkages and effective interactions with customers through various
optimize regional synergies to access new markets. communication channels, including social media and
mobile banking applications. This technology-driven
Furthermore, CIMB Niaga cross-product penetration for approach enables CIMB Niaga to build more responsive
retail products, including through CIMB@Work, which and sustainable relationships with customers, while
offers products such as mortgages (KPR), car loans strengthening the Bank’s position as a banking institution
(KPM), credit cards, payroll, and others to employees that is adaptive to technological developments and
of corporate customers. The Transaction Banking Unit market needs.
helps connect the supply chain between principals,
distributors, and suppliers for financing and funding MARKETING STRATEGY AND TARGETS 2026
services. 2026 marks a crucial year for CIMB Niaga’s Marketing
function, strengthening its brand position, increasing
SERVICE EXCELLENCE AND PROMOTIONS relevance to customers and the Indonesian public
CIMB Niaga continuously invests and innovates to meet through Advancing, Customer & Society, with the “Kejar
customer needs for easy, secure, and reliable transactions. Mimpi” (Chasing Dreams) spirit, and supporting business
These efforts are realized through optimizing digital growth in line with the company’s strategy. Marketing’s
banking technology, improving service quality, and role is increasingly focused on integrating brand,
developing and expanding branchless banking channels, customer experience, and data-driven communication
including ATM and CDM networks. These steps reflect the to ensure each initiative has a measurable impact on all
Bank’s commitment to continuously improving service customer touchpoints.
quality to provide a superior customer experience for all
customers. Over the past few years, CIMB Niaga has consistently
implemented a targeted, relevant, and adaptive
To support product marketing and communication efforts, marketing strategy that addresses customer needs and
CIMB Niaga also consistently conducts promotional market dynamics. Various bankwide programs, ranging
activities to provide customers and the public with the from national-scale programs to out-of-region programs
latest and relevant information on the Bank’s products through offline and online activities, fully support
and services. Information delivery is carried out in an sustainability programs, care for the environment, and
integrated manner through an above-the-line (ATL) build brand loyalty through brand evangelists (community
approach, reinforced by below-the-line (BTL) activities. activations, brand warriors, and employee warriors).
In addition, CIMB Niaga optimizes the use of the Bank’s Furthermore, CIMB Niaga is further strengthening its
communication channels, including the official website, public relations function to strengthen its brand position
social media accounts, promotional materials at branch and expand its communication reach.
offices, ATM and CDM channels, and branding media on
mobile cash registers, to ensure broad and consistent All these initiatives are being implemented with a
communication reach. strong commitment to cost-effectiveness and efficiency,
accountability for program implementation, and
UTILIZATION OF DIGITAL TECHNOLOGY, strengthened governance. This is evident in the effective
ARTIFICIAL INTELLIGENCE, AND DATA use of the 2025 promotional or marketing budget (341
ANALYTICS billion) versus 2024 (410 billion), resulting in cost savings
In 2025, CIMB Niaga continues to optimize the use of of 16.8% year-on-year through the alignment of all
digital technology, Artificial Intelligence (AI), and data bankwide programs, integrated marketing campaigns,
analytics in implementing the Bank’s marketing strategy. and the utilization of internal assets and optimization
The application of these technologies covers various of communication channels. CIMB Niaga was able to
key aspects, including the use of chatbots and virtual produce high-quality output with more effective budget
assistants, strengthening service personalization, and utilization while ensuring a strong communication
increasing the effectiveness of customer interactions. impact on awareness, engagement, and overall brand
performance.
The use of AI technology enables the Bank to provide
services to customers 24/7 through chatbots and virtual Successfully maintaining effectiveness and efficiency
assistants, leading to improved operational efficiency and during 2024–2025 serves as a critical foundation for
enhanced service quality. In terms of personalization, the 2026 marketing strategy. This year, Marketing will
data analytics has been utilized to understand customer continue to focus on strengthening brand relevance,
preferences, behaviors, and needs more deeply, which deepening customer engagement, and increasing
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communication effectiveness through a more data- • Integrate online and offline channels to create a more
driven approach and integration across channels. Some comprehensive and accessible brand experience for
of the marketing strategy approaches to be implemented all customer segments.
are as follows: • Maximize the effectiveness of touchpoints such as
• Strengthening CIMB Niaga’s positioning as a modern, digital content, out-of-home media, experiential
trusted bank that is increasingly relevant to the needs events, and community activities to expand
of customers across various segments. communication reach.
• Maintaining brand identity consistency through an • Focus on initiatives that drive increased brand
integrated 360° communication approach across all preference, relevance, and conversion in high-value
key touchpoints. segments.
• Leverage data and insights to increase program
relevance through personalized content marketing MARKET SHARE
tailored to customer segments and characteristics. In 2025, in terms of assets, CIMB Niaga had a market
• Optimize campaign analytics to support more precise share of 2.73% of the total national banking industry
and impactful marketing decision-making. assets. In the banking industry, customer and low-
cost funds held market shares of 2.69% and 2.98%,
respectively. Subsequently, regarding loans disbursed,
CIMB Niaga recorded 2.74% of the industry market share.
Description 2025 2024 2023
Total Assets (in billion Rupiah) Industry 13,646,417 12,460,955 11,765,838
CIMB Niaga 372,699 360,220 334,369
Loans (in billion Rupiah) Industry 8,693,972 7,827,148 7,090,243
CIMB Niaga 238,309 228,003 213,370
Customer Deposits (in billion Rupiah) Industry 10,057,543 8,837,242 8,457,929
CIMB Niaga 270,523 260,639 235,862
NIM (%) Industry 4.72 4.62 4.81
CIMB Niaga 3.97 4.09 4.40
CASA Ratio (%) Industry 63.24 63.39 63.04
CIMB Niaga 70.03 66.02 63.86
NPL Ratio - Gross (%) Industry 2.05 2.08 2.43
CIMB Niaga 1.81 1.76 1.96
LDR (%) Industry 86.44 89.88 83.83
CIMB Niaga 86.81 86.28 89.30
ROA (%) Industry 2.53 2.69 2.74
CIMB Niaga 2.43 2.53 2.59
CAR (%) Industry 25.89 26.69 27.65
CIMB Niaga 24.83 23.34 24.02
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Business Prospects
GLOBAL AND DOMESTIC MACROECONOMY and within Bank Indonesia’s target of 2.5±1%, leaving
2026 ample room for stable purchasing power and sustainable
The year 2026 is expected to bring further pressure on the economic growth.
global economy, driven by geopolitical uncertainty, trade
protectionism, and slowing growth in major economic Overall, Indonesia’s economic fundamentals will remain
powerhouses. The IMF’s projection corresponds with this exceptionally resilient with sustained momentum of
likely trend, suggesting an annualized growth rate of only strong household consumption, increasingly larger
3.1%, a moderate trend that entails downside risks from investment, and tamed inflation that should fall within
trade barriers and tariff hikes in the global economy. or near Bank Indonesia’s target range. It is a picture of
macroeconomic stability that will lay a crucial foundation
The opposite is expected in the domestic economic for supporting economic activity and investment in the
landscape, with Bank Indonesia projecting an increase in coming year.
Indonesia’s economic growth, in line with the potential
to achieve the State Budget target through optimal Such a promising picture should give a positive
fiscal spending, reflecting Indonesia’s resilience to the macroeconomic outlook for 2026, with relatively strong
relatively challenging global conditions. The Indonesian fundamentals for business activity, despite some global
government targets a 5.4% growth in its GDP for the challenges that we consider worth anticipating. While
year, having changed fiscal policy direction and increased moderate economic growth will create ample space for
efforts towards more investment and domestic expansion and business activity, steady, sustainable
consumption. The expected result of that measure growth will remain subject to consistent coordination
should be a core inflation that remains under control between fiscal and monetary policies.
Indicator 2025 2026 State Budget
Economic Growth (%) 5.1 5.4
Inflation (%) 2.9 2.5
Interest Rate (%)
*
6.1 6.9
Rupiah Exchange Rate (Rp/US$) Rp16,685 Rp16,500
*
10- year SBN yield
Source: https://anggaran.kemenkeu.go.id/, BPS, Bank Indonesia
BANKING INDUSTRY 2026
The Indonesian banking industry will remain on its recovery and growth momentum in 2026, as projections indicate that
domestic economic indicators will improve alongside stronger loan demand from the real sector. To make it achievable,
Bank Indonesia will remain focused on macroprudential policies to support financial system stability and economic
inclusion, e.g., stricter regulations on bank licensing and supervision, as well as support for innovation in digital payment
systems.
Bank Indonesia has set a bank loan growth target of 8%–12% in 2026, driven by improved financing demand from
MSMEs, consumption, and the investment sector. Overall, Bank Indonesia forecasts loan growth to increase in 2026.
Corresponding to the likely trend, the money supply is expected to increase in line with the government’s expansionary
fiscal policy and increased economic activity. The trend is further confirmed by the Association of National Banks
(Perbanas) who estimates loan growth of around 9%–11%, reflecting the industry’s confidence in a moderate but
sustainable growth trajectory.
Financial system stability will remain a primary focus of relevant authorities as the banking sector’s soundness ratio
remains strong and pressure on asset quality remains low. Challenges such as uneven loan demand, high interest rates,
and global pressures will be among the risks that players in the banking industry should anticipate.
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The Financial Services Authority (OJK) has also confirmed As customer behavior and expectations evolve, CIMB
its commitment to maintaining stability in the banking Niaga will remain committed to bringing a Simpler, Better,
industry and driving financial innovation and inclusion, and Faster experience with constant improvements in
which entails supporting the digitalization of financial operational efficiency, service quality, and customer
services and expanding customer access across all access, and will be backing the initiative with data and
segments technology, which will entail building on digital platforms
and running more integrated end-to-end processes to
CIMB NIAGA’S 2026 STRATEGIC PLAN AND allow for more intuitive, fast, and value-added experience.
STEPS
Looking ahead to 2026, CIMB Niaga will remain resilient Furthermore, CIMB Niaga will continue to strengthen
and relevant to the increasingly complex macroeconomic synergies with the macroprudential policies of Bank
and banking industry dynamics. As we are transitioning Indonesia and the Financial Services Authority (OJK),
from the 5-Pillar Strategy to the CIMB Group’s latest long- as well as collaboration with other stakeholders. This
term strategy (2025-2030) with its flagship Forward30, we synergy is aimed at supporting the stability of the national
will be basing our corporate strategy on what we refer financial system through adaptive liquidity management,
to internally as the Bank purpose, which is Advancing product development relevant to market needs, and
Customers and Society, which will run through four the implementation of governance and sustainability
key priorities (4Cs): Capital, Cash/CASA, Cross-Selling, principles consistent with regulatory policy directions.
and Capability. This approach reflects CIMB Niaga’s
commitment to selective, disciplined, and long-term CIMB Niaga is optimistic that a proper Forward30
growth. strategy execution will enable it to maintain healthy and
sustainable growth throughout 2026. This strategy is not
In support of this agenda, CIMB Niaga will deploy its loan only aimed at strengthening financial performance, but
portfolio and reallocate capital and resources to the also to emphasize CIMB Niaga’s position as a customer-
Bank’s core strengths, which offer optimal returns and oriented bank, adaptive to change, and making a
resilience, while maintaining a strong balance sheet to real contribution to supporting Indonesia’s economic
ensure the Bank’s performance remains resilient amid transformation in an increasingly digital and dynamic era.
dynamic economic cycles.
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Business Sustainability Information
MATTERS WITH A POTENTIALLY SIGNIFICANT As has been the case, CIMB Niaga will get full support
EFFECT ON BUSINESS SUSTAINABILITY from shareholders and synergy among entities within
CIMB Niaga monitored various challenges within the the CIMB Group. Adding to this will be the recognition of
banking industry throughout 2025, including external CIMB Niaga’s quality and credibility from rating agencies,
dynamics that could affect the Bank’s business growth. as well as the Bank’s infrastructure, which has stood
CIMB Niaga did not see any conditions or factors that the test of time in supporting operations and business
could have had a significant impact on the Bank’s business sustainability in the Indonesian banking industry.
continuity as it ran its banking business in Indonesia.
A further source of the Management’s confidence in
As it maintains business continuity, CIMB Niaga is the Bank’s future business growth will be its competent
delivering on its commitment to applying the prudent human resources, adequate business infrastructure,
principle with a laser focus on quality business growth. best-in-class information technology, and strong
The Bank also continues its efforts to increase selective business networks and collaborations. CIMB Niaga is
loan disbursement, particularly in the segments that also committed to continuously making improvements in
are the main target markets, to keep asset quality at a any areas that require strengthening, while maintaining
healthy level. the Bank’s financial condition to remain sound and
sustainable.
MANAGEMENT ASSESSMENT TO MANAGE
POTENTIAL THAT HAS A SIGNIFICANT IMPACT In the last three years, CIMB Niaga has contributed
ON BUSINESS SUSTAINABILITY profit before tax to the Parent Company (CIMB Group
Throughout 2025, CIMB Niaga did not see any material Holdings Berhad) by approximately 27% in 2023, 25% in
uncertainties that could have raised major doubts about 2024, and 22% in 2025. CIMB Group has an ownership
the Bank’s ability to maintain business continuity. In share of 92.46% in CIMB Niaga, including through PT
order to ensure such continuity, CIMB Niaga periodically Commerce Kapital of 1.02%. With such support, CIMB
conducted evaluations in preparing strategic plans and Niaga’s business sustainability in the Indonesian banking
assesses the Bank’s ability to achieve performance industry is believed to remain maintained in a sustainable
targets and continue business activities in a sustainable manner.
manner.
ASSUMPTIONS USED BY THE MANAGEMENT
The Board of Commissioners and Directors were actively IN ASSESSMENT
involved in managing various factors that potentially In conducting the assessment of the Bank’s business
affect the Bank’s business sustainability, among others continuity, CIMB Niaga’s Management uses a number of
through the preparation and implementation of the key assumptions which include, among others, financial
Bank’s Business Plan (RBB) and the Sustainable Finance performance, capitalization level, liquidity and solvency,
Action Plan (RAKB). This active involvement reflects significant engagements and agreements, as well as
management’s commitment to maintaining business ongoing litigation cases. These assumptions serve as
continuity in a structured and measurable manner. the basis for evaluating the Bank’s ability to maintain
business continuity in a sustainable and ongoing manner.
Having considered how CIMB Niaga’s performance
developed until 2025 came to an end, its Management
must conclude that the year 2026 still offers a promising
outlook for the Bank’s future business. Among the
driving factors will be CIMB Niaga’s experience in the
banking industry, a solid operational track record,
and the achievement of financial ratios and the Bank’s
adecualtey strong position to support its future business
sustainability.
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Empowering Growth,
Building Businesses for the Future
CIMB Niaga is commited to empowering
entrepreneurs to elevate their aspirations and
transform their aspirations and transform their
potential into tangible performance, enabling faster
expansion, and stronger business capabilities.
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05
Risk
Management
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Risk Management Focus 2025 260
Risk Management Approach – 262
Framework
ICAAP (Internal Capital 268
Adequacy Assessment Process)
Sharia Business Unit (SBU) 269
Risk Management
Risk Profile and Soundness 270
Level of Bank and Consolidation
Integrated Risk Management 270
Development of Basel 271
Implementation
Disclosure of Recovery Plan 272
Anti Fraud Management (AFM) 275
Basel II Pillar 3: Capital 277
Disclosure, Risk Exposure,
and Risk Management
Implementation
Capital 280
Leverage Ratio 289
Credit Risk 292
Market Risk 333
Liquidity Risk 340
Operational Risk 353
Reputation Risk 361
Compliance Risk 362
Legal Risk 363
Strategic Risk 364
Intragroup Transaction Risk 367
Rate of Return Risk 368
Investment Risk 369
Remuneration Policy 369
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Risk Management Focus 2025
The Bank’s risk management processes are guided by the
Enterprise-Wide Risk Management (EWRM) framework,
which adopts a proactive and forward-looking approach.
This framework establishes a comprehensive standard
for effectively and integratively managing risks and
opportunities by aligning the Bank’s risk appetite with its
business strategy and capital management that
supported by robust policies and procedures that
encompass all material risk areas relevant to the Bank.
The Indonesian banking industry faced increasingly d. Developing the implementation of climate risk
complex challenges in 2025. Global uncertainty is rising management framework, taking into account
due to escalating trade tariff policies and ongoing applicable best practices such as the CSA (Climate
regional geopolitical tensions. At the same time, digital Scenario Analysis) methodology, to assess the
transformation, cyber threats, and evolving regulatory impact of climate risks, primarily on credit risk and
requirements compelled the Bank to strengthen its other key risks (including market, operational, and
risk management practices to become more robust, liquidity risks), in alignment with the regulatory
integrated and adaptive. The Bank’s key focus is directed requirements and technical guidelines issued by
towards reinforcing its risk management framework, the regulator.
maintaining loan quality and ensuring solid liquidity
management, and enhancing non-financial risk oversight, 2. Maintaining Asset Quality and a Sound Financial
particularly related to fraud risk, system infrastructure, Balance Sheet Performance
technology, and emerging risks. In addition, the a. Maintaining discipline in risk monitoring, including
Bank initiated the development of risk management early intervention to maintain the quality of asset
frameworks and processes to support the planned spin- growth.
off of CIMB Niaga Sharia in 2026. b. Implementing Credit Risk-Weighted Assets (RWA)
optimization through data and infrastructure
1. Strengthening Risk Management Framework enhancements to maintain capital ratios.
a. Strengthening and enhancing the asset c. Optimizing the Operational Risk-Weighted Assets
management framework to maintain sustainable (RWA) using internal model approach approved
asset growth. by the Financial Services Authority (OJK).
b. Cross-functional collaboration and effective d. Implementing prudent and effective liquidity
communication with business units to optimize management to support solid and sustainable
the portfolio management. balance sheet growth.
c. Strengthening third-party risk management as
part of integrated operational risk management.
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3. Development of Risk Management Tools and e. Development of automation processes and
Infrastructure Artificial Intelligence (AI) to improve the
a. CRDE (Credit Risk Decision Engine) Re-platform effectiveness and efficiency of risk management
serves as strategic initiative to strengthen reporting and analysis. For example, smart search
the technological foundation for supporting feature using generative AI to find information
retail credit processes and decision-making. within various policies and SOPs related to non-
CRDE system automates credit scoring and retail credit.
creditworthiness assessment for retail segment.
b. The implementation of BRR (Bank Risk Rating) 4. Robust Fraud and Operational Risk Management
enhances the risk management infrastructure a. Development of Internal Control over Financial
for banking institutions credit rating. This system Reporting (ICOFR) policy in accordance OJK
enables integrated and accurate credit risk requirements and the establishment of an ICOFR
assessment process to support better decision- unit.
making. b. Implementation of Centralized Fraud Case
c. Development of risk management system and Management to support bank-wide fraud risk
infrastructure to support the spin-off of the Sharia monitoring process.
Business Unit into Sharia Commercial Bank. c. Reinforcement of operational risk culture through
d. Development of databases and information risk awareness programs.
systems related to third parties to strengthen
operational risks monitoring and mitigation. Strengthening the risk management framework,
technology, and risk culture supports Bank’s readiness
to navigate external volatility while capturing sustainable
growth opportunities.
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Risk Management Approach – Framework
Strong and effective risk management practices remain for effectively and integratively managing risks and
fundamental to the Bank’s ability to pursue sound and opportunities by aligning the Bank’s risk appetite with
sustainable business growth, safeguard and enhance its business strategy and capital management that
long‑term shareholder value, and manage capital in a supported by robust policies and procedures that
comprehensive and disciplined manner. These practices encompass all material risk areas relevant to the Bank.
are consistently reinforced by the Bank’s commitment
to prudential principles, particularly amid an economic The EWRM framework enables the Bank to anticipate
landscape that continues to be shaped by heightened and manage both existing and emerging risks by taking
uncertainties and evolving market dynamics. into account the evolving risk profile in line with changes
in business strategy, external market conditions, and
The Bank’s risk management processes are guided by the regulatory developments.
Enterprise‑Wide Risk Management (EWRM) framework,
which adopts a proactive and forward‑looking approach. The key components of the EWRM framework are
This framework establishes a comprehensive standard illustrated in the following diagram.
Enterprise Wide Risk Management (EWRM) Framework
Governance & Organization
Risk Appetite
Risk Management Process
Risk Culture
Risk Risk
Business Risk Monitoring &
Identification Management
Planning Measurement Reporting
& Assessment & Control
Risk Management Infrastructure
Policies, Methodologies,
Human Resources Technology & Data
& Procedures
The EWRM framework refers to and aligns with the Financial Services Authority’s (OJK) risk management scope,
which include: (i) active oversight by the Board of Commissioners and the Board of Directors, including the Sharia
Supervisory Board; (ii) the adequacy of policies, procedures, and the establishment of risk limits; (iii) the adequacy of risk
identification, measurement, monitoring, and control processes, supported by risk management information system;
and (iv) comprehensive internal control system.
1. RISK CULTURE
The Bank recognizes that a strong risk culture serves as a fundamental pillar for achieving effective risk management
outcomes. This culture reflects the collective awareness, mindset, and behaviors of employees in understanding and
responding to risks, as well as in upholding sound risk management practices across the organization.
Several key elements form the foundation of a robust risk management culture at CIMB Niaga, including:
1. Leadership and Strategy, providing examplary leadership based on ethics and values, and communicating the
Bank’s mission and objectives in a synergistic and sustainable manner.
2. People and Communication, focusing on continuous enhancement of employee competencies, ensuring
equitable dissemination of information and knowledge across the organization.
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3. Accountability and Reinforcement, reflected in 4. Ensuring consistent communication on the
clear assignment of duties and responsibilities, importance of risk management across all lines of
supported by appropriate performance defense within the Bank.
measurement indicators and recognition for 5. Implementing a standardized and structured
strong performance. approach, by documenting work procedures, that
4. Risk Management and Infrastructure, which serve as references for operational activities and
strengthen effective risk management processes decision-making process.
and controls to support the Bank’s strategic
objectives. The risk management process at CIMB Niaga involves
all levels of the organization, from the Board of
The Bank has implemented several initiatives to Directors and Senior Management to all employees,
establish risk culture awareness in its daily operational in line with the 3 (three) lines of defense concept.
activities at all levels of the organization, including:
1. Establishing a consistent Tone at the Top, as The risk management philosophy is based on 3
a collective commitment of the Bank’s Senior (three) lines of defense that encompasses the entire
Management to foster a risk-aware culture, risk management cycle, including risk identification,
ensuring risks are managed in alignment with the assessment, control, and reporting to Senior
Bank’s strategic objectives. Management, as well as oversight by the Board of
2. Educating all employees across organizational Directors and the Board of Commissioners. The
units. The effectiveness of this educational Board of Directors and the Board of Commissioners
process is reflected in risk-based Key Performance are responsible for cultivating an organization-wide
Indicators (KPI) that takes into account risk- risk-aware culture and strengthening the Bank’s
related behavior in performance assessments commitment to manage risks in accordance with its
and compensation decisions. business strategy.
3. Providing regular training and activities to enhance
risk culture and fraud awareness, including Anti-
Fraud Socialization and Operational Awareness
Training.
1st Line of Defense
(Risk Taking Units supported by RCU)
• Line Management (Business Unit or Supporting Unit) which are exposed to risks in their daily activities,
and as such, these units are suitably positioned to manage risks and ensure compliance with regulations,
standards, policies and procedures.
• Its function include the risk identification, measurement, monitoring, controlling, and reporting, as well
as taking the necessary steps to mitigate risks and ensure effective controls are in place.
• Each Directorate has a Risk Control Unit (RCU) responsible for coordinating and monitoring risk
management and compliance aspects in accordance with the scope of each RCU Head’s Work Unit.
2nd Line of Defense
(Risk Management Framework & Monitoring)
• The Risk Management, Compliance, Anti-Fraud Management, and Anti-Money Laundering that establish
standards and policies to manage risk.
• This line of defense also has the function of monitoring the implementation of risk in the first line of
defence through review, challenge, and feedback, including advisory function on risks and control
adequacy.
3rd Line of Defense
(Risk Assurance)
• An independent function of Corporate Assurance in ensuring the risk management framework’s
implementation and effectiveness of risk management by providing regular reports to the Board of
Directors.
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2. GOVERNANCE for overseeing the overall implementation of the
The Bank organizational structure is designed to risk management framework. The RMC is chaired by
align with its business objectives and policies, scale the President Director and consists of all members
and complexity, to support effective implementation of the Board of Directors along with selected senior
of risk management. The corporate governance executives. The RMC reports directly to the Board of
structure functions to enhance the four-eyes Directors and indirectly to the Board of Commissioners
principle mechanism and transparency across all through the Risk Oversight Committee (ROC).
risk management process, thereby ensuring proper
EWRM implementation. The Board of Directors In addition to the RMC, several other executive
oversees the Bank’s risk management activities and committees play a critical role in facilitating more
determines strategic direction, which is supported by in-depth risk management deliberations. These
Risk Appetite, relevant risk management frameworks, include the Asset Liability Committee (ALCO), which
as well as Policies and Procedures. manages liquidity risk and interest rate risk in the
banking book; the Operational Risk Committee (ORC),
The Board of Directors is supported by various risk for operational risk management; the Credit Policy
committees and control functions to ensure the Committee (CPC), to discuss credit-related policies;
effective implementation of the EWRM framework. and the Executive Credit Committee (ECC), which is
Risk management is evaluated through the Risk a credit/financing decision-making committee based
Management Committee (RMC), which is responsible on the authorization provided.
Board of
Directors
Commissioners
Executive Committee:
Audit Committee
RMC ALCO ECC ITSC CPC Risk Monitoring
Committee
Special Committee:
Nomination and
Remuneration Committee
ORC SAMC AQC CXC Integrated Governance
Committee
Executive Committee: Special Committee:
RMC : Risk Management Committee ORC : Operational Risk Committee
ALCO : Assets and Liabilities Committee SAMC : Special Asset Management Committee
ECC : Excecutive Credit Committee AQC : Asset Quality Committee
ITSC : IT Steering Committee CXC : Customer Experience Committee
CPC : Credit Policy Committee
3. RISK APPETITE
Risk Appetite is a core component of the Enterprise Wide Risk Management (EWRM) framework and is defined as the type
and level of risk that Bank is willing to accept in achieving its strategic and business objectives. The Bank’s Risk Appetite is
dynamic and evolving in response to changings in business priorities, risk management capabilities, and external conditions.
Risk Appetite is developed in accordance with annual planning process to ensure its alignment with the Bank’s
strategy, business growth aspirations, capital and liquidity positions, operational plans, and the capacity and
capability of its risk management functions including systems, processes, and human resources.
Risk Appetite is developed and managed through effective governance, with clearly defined roles and responsibilities
accross the relevant functions. The Board of Commissioners has the authority to approve the Bank’s Risk Appetite.
The Risk Management Unit (RMU) provides the Board of Commissioners and the Board of Directors with Risk
Appetite compliance monitoring reports on a regular basis.
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The Bank’s Risk Appetite is articulated, through Risk The status of each indicator is clearly highlighted in
Appetite Statement (RAS), which comprises 5 (five) the monthly RAS compliance monitoring reports to
measurement dimensions, including: Solvency and the Board of Directors and Board of Commissioners,
Capital; Income Diversification and Volatility; Liquidity; facilitating timely and appropriate corrective actions
Franchise; and Sustainability (including Climate Risk). to be taken when necessary.
RAS is supported by the RAS Dashboard, which 4. RISK MANAGEMENT PROCESS
includes metrics/indicators and Red-Amber-Green The risk management process is a fundamental
(RAG) thresholds that are reviewed periodically, part of the Bank’s daily operational activities and
at least once a year. The metrics/indicators and is designed to ensure that risks are appropriately
thresholds are established by taking into account identified, assessed, and addressed in a timely and
various factors, including capital, asset quality, effective manner. Through this process, risks inherent
liquidity, funding capacity, and applicable regulatory in the Bank’s activities are managed in a disciplined
requirements. and comprehensive manner, thereby supporting
sustainable value creation across the Bank’s
operations. The risk management process at CIMB
Niaga is implemented through the following stages:
Risk is one of the key factor in business planning process, including establishing risk posture and planning
Business new products and activities. This helps ensure the Bank’s operations remain aligned with its Risk Appetite.
Planning
• Risks need to be clearly defined, proactively identified, and assessed continuously on a forward-looking
basis.
• Risk identification process is carried out by analyzing the risk characteristics of each product and business
Identifying activity within the Bank.
and Assessing • Risk identification process is carried out by analyzing its impact on both financial and non-financial
Risks aspects, including reputation and compliance to regulatory provisions.
• According to OJK regulations on risk profiles, the main risks managed by the Bank comprise 11 (eleven)
types of risks: credit, market (including interest rates in the banking book), liquidity, operational, strategic,
compliance, legal, reputation, intragroup transaction, rate of return, and investment risk (for Sharia
Business Units).
• Risk measurement is conducted through determining risk/scoring, sensitivity analysis, stress testing,
and calculating capital requirements using a methodology that refers to best practices and regulatory
guidelines.
Risk • The Bank periodically reviews the appropriateness of its assumptions, data sources, and procedures
Measurement performed to measure risks.
• The Bank also enhances its risk measurement system; when there are material changes in business
activities, products, transactions, and risk factors.
• Controls and limits are used to manage risk exposure and ensure it remains within predetermined Risk
Appetite thresholds.
Risk • Controls and limits are monitored and reviewed periodically to adapt to business needs, market
conditions, and regulatory changes.
Management • Corrective actions are carried out to mitigate risks. Key considerations in determining risk mitigation
and Control options include the suitability between benefits and costs, values and perceptions of all stakeholders, and
an evaluation of whether the selected risk mitigation could potentially create new risks.
• The Bank implements an internal control system as part of its supervisory framework. The Internal Audit
Unit (IAU) and/or other third parties evaluate and assess this internal control system.
• Delivered on a timely manner, accurate, and straightforward risk assessments to ensure that both portfolio
and individual exposure aligned with the Bank’s Risk Appetite.
• The output can be used to analyze future risk management strategies.
• The process is supported by a reliable reporting system that at least includes, at minimum reports on the
Monitoring & following topics:
Reporting a. Comprehensive risk exposure, covering exposure by risk and activity types.
b. Compliance with policies and procedures, including the establishment and adherence to limits.
c. The realization of risk management implementation is compared with the specified objectives and
targets.
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The risk management process is carried out by the Risk Management Unit (RMU), which operates independently from the business
units and serves as the second line of defense. The RMU is responsible for establishing a comprehensive risk management
framework encompassing the identification, measurement, monitoring, and control of risks, as well as the reporting of risk
exposures and the development of an effective internal control system. The RMU reports to the Risk Management Director.
Risk Management
Director
Head of Non-
Head of Non- Head of Risk Head of Market
Retail Head of Head of Retail Head of Head of
Retail Analytic, Risk Management
Credit Policy Operational Credit Asset Liability Anti Fraud
Credit Risk Infrastructure & & Model
and Assurance Risk Management Risk Management Management Risk Management
Management Sharia Validation
Testing
In addition, the RMU performs coordination and communication functions across all risk management processes within
the Bank and across member entities of the CIMB Indonesia financial conglomerate, taking into account the nature and
complexity of each entity’s business.
5. RISK MANAGEMENT INFRASTRUCTURE
Adequate risk management infrastructure is critical for effective implementation of Enterprise-Wide Risk
Management (EWRM). The infrastructure must be capable in supporting the risk management process across 3 (three)
core components, including policies, methodologies and procedures; Human Resources (HR); and Management
Information Systems (MIS).
5.1 POLICY, PROCEDURE, AND METHODOLOGY
CIMB Niaga ensures the adequacy of its policies, procedures, and methodologies to establish a common and consistent
risk perspective across all organizational units, including standardized risk definitions and risk language. Appropriate risk
management policies, aligned with the nature of each risk type, provide the foundation for the Bank’s risk management
practices. Methodologies offer specific guidance to support the effective implementation of these policies, while
procedures set out more detailed instructions to facilitate their application in day-to-day risk-taking activities.
Taxonomy of Internal Bank Provisions
Level 1
Outlines the Bank’s identity, Corporate Governance
structure, manual framework, risk management,
1 business planning and strategy, sharia business unit,
sustainability and sustainable finance, as well as
Key social and environmental responsibility, including the
Company Board of Commissioners Charter, Sharia Supervisory
Policies* Board Charter, Board of Directors Charter, and Board
of Commissioners Committees Charter which form
part of the Company’s Core Policies.
Level 2
Defines acceptance criteria, limits
and principles, do’s and don’ts
related to products & activities and 2
delegation of authority.
Product and Activity Policy
Level 3
Level 4 3 Regulates the implementation
and end-to-end work steps in
detail for certain products and/
Written guidelines that explain Standard Procedure (SOP) or activities, control mechanisms,
and describe objectively, responsible parties, and agreed
comprehensively, and in detail service level standards.
a specific product or activity;
which may be the consolidation
of Policies or SOPs to facilitate the
execution of an activity.
4
Operational Instructions
*
Includes Risk Management Policy and Framework Manual Policy.
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5.2 HUMAN RESOURCES (HR) The Bank also implements risk-based
The effectiveness of the Enterprise Wide Risk performance measurement to ensure that
Management (EWRM) framework is supported by performance evaluations are conducted in a
human resources with appropriate capabilities comprehensive and integrated manner, aligned
and expertise. The Bank develops comprehensive with strategic planning, risk considerations, and
recruitment, development, and training capital management.
systems, as well as remuneration frameworks,
that encourage employees to manage risks 5.3 TECHNOLOGY AND DATA
responsibly. The assignment of roles and Technology and data play a critical role in
responsibilities is reinforced by performance supporting informed and accountable decision-
measurement and compensation mechanisms making, thereby enabling risks to be managed
that are aligned with the Bank’s strategic plan and effectively and efficiently. These elements form
Risk Appetite. an integral part of the Bank’s management
information systems and are continuously
CIMB Niaga establishes clear qualification enhanced to meet the evolving needs of the Bank
requirements for each position involved in and its stakeholders.
risk management implementation and assigns
competent officers and staff to the Risk CIMB Niaga adopts a risk management
Management Unit in accordance with the size and information system that ensures the following:
complexity of the Bank’s business. In addition, 1. Accurate, informative, and timely
the Bank provides employees with opportunities measurement, for both overall/composite risk
to enhance their risk management knowledge exposure and risk exposure by risk type that
through various initiatives, including: is inherent in the Bank’s business activity, as
• Internal and external training (including well as risk exposure by the Bank’s functional
mandatory training required by regulators) activities.
that corresponds to their business field. 2. Compliance with the implementation of risk
• Employees are encouraged to regularly management policies, procedures, and limits;
conduct BLS (Business Learning Sessions), 3. Availability of risk management
during which employees who have completed implementation results (realization) compared
training, conduct sharing sessions with their to targets set by the Bank in accordance with
colleagues. the implementation of risk management
• The Bank has provided data and digitalization policies and strategies.
training.
• The learning process at the Bank is delivered The risk management process at CIMB Niaga
in an engaging manner through gamified is supported by a comprehensive information
quiz platform (Learning on the Go), which is system that generates the reports required for
mandatory for all CIMB Niaga employees. continuous risk monitoring. This system enables
the timely detection and correction of deviations
The Bank provides job rotation opportunities from policies and procedures, thereby reducing
to employees as part of assignment exposure the potential occurrence of risk events and
initiatives aimed at broadening their experience supporting informed decision-making.
and enhancing their knowledge across different
business areas. The system is designed to support the Bank’s
implementation of risk management processes in
line with prevailing best practices.
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ICAAP (Internal Capital Adequacy Assessment Process)
In accordance with POJK No. 34/POJK.03/2016 regarding Minimum Capital Adequacy Requirement for Commercial Banks,
the Bank is required to have processes in place to ensure capital adequacy level is in line with its risk profile, and formulate
strategies to maintain adequate capital levels, known as Internal Capital Adequacy Assessment Process (ICAAP). This
process involves dialogue with the Bank’s supervisory authority to achieve a shared understanding of the Bank’s capital
adequacy. The implementation of ICAAP at CIMB Niaga is based on prevailing best practices, regulatory provisions and
internal policies to assess, comply with, monitor and maintain capital levels appropriate to the risk profile.
The implementation of ICAAP demonstrates a strong linkage between strategic planning, capital adequacy assessment,
and the Bank’s risk profile. This integrated approach supports the Bank in achieving its financial targets while optimizing
shareholder value. The ICAAP process also takes into account the Bank’s strategic priorities, business plans, and
prevailing macroeconomic conditions.
The ICAAP process is conducted jointly by the Risk Management Unit and Finance Directorate.
The Bank’s ICAAP process is illustrated as follows:
1 2 3
Risk Profile Assessment & Annual Integrated Risk Appetite Statement
Risk Posture Planning Process
7 4
Integrated
Independent
Stress
Review atas
ICAAP Testing
6 5
Capital Adequacy Annual Capital Planning
Assessment
The Board of Commissioners determines risk posture as CIMB Niaga conducts stress testing on its annual budget
guidance for business units on acceptable risk levels as to measure and evaluate capital adequacy, liquidity, and
part of the Bank’s strategy determination process, taking the Bank’s capacity to absorb losses under extreme yet
into account external and internal conditions, as well plausible crisis scenarios. The scope of stress testing
as the Bank’s capabilities and limitations. Risk posture includes major types of risk: credit risk (both wholesale
provides a qualitative direction at the beginning of the and retail segments), market risk (including interest rate
annual planning process for the level of risk posture that and foreign exchange rate risk), and liquidity risk. The
the business unit will implement in the coming years. In preparation of stress testing scenario is carried out by
line with the EWRM framework, which prioritizes risk in considering relevant stress drivers or events, such as
the business planning process, risk posture acts as a link geopolitical issues, trends of slowing global economic
between the acceptable risk level and the implementation growth, and other related factors.
of strategic decisions reflected in the preparation of the
annual budget. The results of capital‑related stress testing are used to
determine the capital buffers under stressed conditions
CIMB Niaga determines the Risk Appetite in accordance as part of the Bank’s annual Capital Planning process and
with the approved strategy. The Risk Appetite is to prepare a Capital Contingency Plan
monitored regularly using a dashboard that includes
indicators/metrics Red Amber Green (RAG) threshold In terms of liquidity risk, stress testing is used to assess
functioning as an early warning system for the Bank’s the adequacy of liquidity and the availablity of liquid
strategy realisation. asset reserves, as well as the preventative and corrective
measures outlined in the Contingency Funding Plan.
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The Bank’s capital is measured and monitored on a regular • Determining the capital trigger ratios, which
basis to ensure that capital levels remain adequate, represent the minimum CAR thresholds at which
both to meet regulatory minimum requirements and the Bank activates its capital contingency measures
to support risk-taking activities in day-to-day business (Capital Contingency Plan).
operations. This assessment takes into account the • Determining the annual internal capital targets based
Bank’s business growth and expansion plans, as well as on minimum capital requirements, business growth
the need to maintain capital buffers to absorb potential plans, corporate actions, significant events, and
unexpected losses. The calculation of capital adequacy in capital reserves to ensure the Bank’s capital is within
accordance with risk profile is conducted with reference a safe and optimal level.
to applicable regulatory requirements. • Regularly conducting capital projections and
comparisons against actual capital in the short,
The Bank also conducts an independent review medium, and long term to ensure comprehensive
of the risk management and capital management capital monitoring and effective capital strategy
processes associated with ICAAP to provide adequate planning.
and independent assurance on the adequacy and
effectiveness of the internal control system implemented CIMB Niaga has also implemented a risk-based
within the ICAAP process. performance assessment (RAROC), which measures the
profitability of each business unit based on the risks taken
CIMB Niaga has implemented several strategic initiatives and returns generated. The Bank continuously enhances
to strengthen capital adequacy, as follows: the methodology used for risk-based performance
assessment and its usage.
Sharia Business Unit (SBU) Risk Management
The implementation of Sharia Business Unit (SBU) Risk of credit risk management includes country risk and
Management at CIMB Niaga is carried out with the transfer risk in alignment with the OJK provisions.
Dual Banking Leverage Model (DBLM) concept. The
Bank develops the risk management infrastructure and Risk monitoring and evaluation are carried out through
implements governance in alignment with the DBLM the Risk Management Committee (RMC), in which the
concept and applicable Sharia principles. Under the Director overseeing the SBU is a committee member.
DBLM framework, the Risk Management Unit (RMU) The monitoring results are reported to the Board of
is also responsible for the SBU. The risk management Commissioners through the Risk Oversight Committee
policy for SBU is prepared as part of the Bank’s risk (ROC) and to the Sharia Supervisory Board (SSB). The
management policy. While Sharia risk management SSB is responsible for ensuring policies, procedures,
procedures are developed to suit the needs and the products, systems, and contracts comply with Sharia
operational complexity of the SBU. principles. The SSB members are designated as the main
parties of the Bank, equivalent to the Board of Directors
The process of risk identification and measurement is and Commissioners, in accordance with OJK provisions.
performed by adopting a methodology that is appropriate
for the Islamic banking concept, including periodic SBU Furthermore, to support the function of the Sharia
risk profile assessments that are submitted to the OJK. Supervisory Board (SSB), a Sharia Advisory Group,
The assessment covers 10 (ten) types of risk, including has been established is to provide inputs on Sharia
credit, market, liquidity, operational, legal, strategic, compliance. Matters, along with a Sharia Governance
reputation, and compliance risk, as well as specific risks Review function that assist the SSB in reviewing Sharia
applicable to Sharia banking, such as rate of return risk compliance for transactions, and preparing the SSB
and investment risks. Furthermore, the implementation Oversight Report for submission to the regulator.
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In addition, a Sharia Risk Control Unit (RCU) is responsible As part of Sharia governance, the RMU regularly presents
for ensuring that all activities of the SBU comply with the risk profiles of SBU to the SSB meetings, ensuring
applicable regulations and that operational risks are effective oversight and compliance with POJK and SEOJK
properly managed. The Sharia RCU also conductes provisions.
socialization and awareness programs on Sharia non-
compliance risk. Active coordination is carried out Currently, CIMB Niaga is in the process of preparing
with the Compliance Directorate, Risk Management the spin-off of its Sharia Business Unit into a Sharia
Directorate, Anti-Fraud Management unit, and other Commercial Bank, in line with management’s strategic
units responsible for policies and procedures. decision to develop its Sharia business in the future.
Risk Profile and Soundness
Level of Bank and Consolidation
The Bank’s risk profile provides a comprehensive view Bank’s business strategy and broader macroeconomic
of the potential risks inherent across all portfolios and conditions. Risk profile enables the Bank to manage risks
exposures. The Bank conducts regular self‑assessments effectively and undertake timely, targeted actions across
of its individual and consolidated risk profiles, in the organization, including its subsidiaries in line with
accordance with POJK No. 18/POJK.03/2016 regarding their respective business activities. Based on the 2025
the Implementation of Risk Management for Commercial self‑assessment, CIMB Niaga’s individual and consolidated
Banks and OJK Regulation No. 38/POJK.03/2017 regarding risk profile remained at Level 2 (Low to Moderate).
Consolidated Risk Management for Banks Exercising
Control over Subsidiaries. This assessment covers key In accordance with POJK No. 4/POJK.03/2016 concerning
risk categories, including credit/financing risk, market risk, the Assessment of the Soundness Level of Commercial
liquidity risk, operational risk, legal risk, reputational risk, Banks, CIMB Niaga also evaluates its overall financial
strategic risk, compliance risk, and Sharia‑specific risks soundness using Risk Based Bank Rating approach which
such as rate‑of‑return risk and investment risk. In addition, consists of 4 (four) factors: Risk Profile, Good Corporate
credit risk management also incorporates country risk and Governance (GCG), Earnings, and Capital. The Bank’s
transfer risk, in accordance with applicable OJK regulations. self‑assessment results for 2025 indicates a Composite
Rating of 2 (Healthy) on both individual and consolidated
In assessing risk profile, the Bank applies risk indicators basis, reflecting sound financial condition and the Bank’s
that incorporate not only historical data but also resilience in managing significant adverse impacts arising
forward‑looking indicators with considerations of the from changes in business conditions and external factors.
Integrated Risk Management
CIMB Niaga serves as the Financial Conglomerate Based on the OJK’s decision, CIMB Niaga is designated as
Holding Company (FCHC) of the CIMB Indonesia Financial the Operational Financial Conglomerate Holding Company
Conglomerate in accordance with POJK No. 30 of 2024 (FCHC), responsible for controlling, consolidating, and
regarding Financial Conglomerates and Financial overseeing the activities of the Financial Conglomerate
Conglomerate Holding Company. (FC). In the area of Risk Management, an integrated
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approach is implemented, encompassing the formulation Institution within the conglomerate. This process is
and assessment of the FC’s Risk Appetite, principles for supported by the web-based CIMB Integrated Reporting
risk reporting, the delegation of authority, the limits System (CIRS), which connects all Financial Services
setting, and monitoring of risk exposure, taking into Institutions for the collection of supporting data, thereby
account the business characteristics of each Financial reducing manual processes and enhancing the accuracy
Services Institution (FSI). and timeliness of reporting.
The Bank has a Risk Management Policy and Integrated To ensure effective risk management, the CIMB Indonesia
Risk Management Procedures as the standard for Financial Conglomerate established the Integrated Risk
implementing risk management within the Financial Management Committee (IRMC) as a discussion forum
Conglomerate. Implementation is carried out through among FSI and the financial conglomerate’s member.
mentoring and alignment of risk management practices, IRMC consists of Directors and/or Heads overseeing the
including risk governance, policy, and procedure risk management function of each FSI, as well as executive
adequacy, risk management processes, and internal risk management officers from FCHC. This committee
control systems. monitors and evaluates risk exposures, conveys key areas
for improvement, and provides recommendations to the
For risk identification, the CIMB Indonesia Financial FCHC Board of Directors through the Risk Management
Conglomerate conducts a self-assessment covering Committee (RMC).
9 (nine) types of risk, including credit risk, market risk,
liquidity risk, operational risk, strategic risk, reputational The established structure of CIMB Indonesia’s Financial
risk, legal risk, compliance risk, and intragroup transaction Conglomerate in 2025 consists of PT Bank CIMB Niaga as
risk. The assessment is performed through the Integrated the FCME, PT CIMB Niaga Auto Finance as a member, PT
Risk Profile Report on a semi-annual basis, resulting in an CIMB Niaga Sekuritas as a member, and Dana Pensiun
aggregated rating derived from each Financial Services Bank CIMB Niaga as a member.
Development of Basel Implementation
CIMB Niaga adopted risk management best practices in c. Centralized Credit Risk and Market Risk
line with Basel standards to fundamentally and sustainably Repository.
strengthen its risk management functions. The Bank’s d. Credit Risk RWA calculation and reporting
risk management is conducted in a comprehensive and according to the Standardised Approach (SA) and
integrated manner, and is continuously enhanced across Internal Rating Based (IRB) approach.
the entire value chain from upstream to downstream, e. Market Risk RWA calculation and reporting (FRTB).
including but not not limited to the following initiatives: 3. Development of infrastructure functions and credit risk
1. Periodic review and enhancement of business and management systems in the One Reporting (ANTASENA)
credit risk models (at least once a year) in accordance system based on Sharia principles, within the framework
with Basel II and III requirements for credit rating/ of preparing the Spin-Off of the Sharia Business Unit
scoring, covering Corporate assets, Specialized (SBU) into a Sharia Commercial Bank, including the
Lending, Bank Risk Rating (BRR), Credit Cards, calculation and reporting of Credit Risk RWA.
Mortgages, Personal Loans, Auto Loans, and SME
Retail. As part of its sustainability strategy, the Bank has
2. Development and Improvement of Infrastructure implemented a framework aligned with the Basel III
Functions and Risk Management Systems through Capital Framework (Reforms) and the requirements of
CRIPAS RWA (Credit Risk Parameter System Risk the Financial Services Authority (OJK), supported by the
Weighted Assets), which was initially intended for development of systems and infrastructure for credit,
Basel II/III credit risk data and management, but has market, and operational risk reporting. This includes
also been developed to include market risk data and support for the implementation of the Fundamental
management. Review of the Trading Book (FRTB) for market risk, as
a. Implementing the Internal Credit Risk Model. well as the application of operational RWA calculations
b. Integration of credit risk data from upstream to using the Standardized Approach with internal models,
downstream (end-to-end). as outlined below:
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Implementation of Basel 3 Capital Framework
Implementation Date
D-SIBs
• 26 March 2018
Basel 3 Capital Framework
• Credit Risk - Standardised Approach: 1 January 2023
• Credit Risk - Internal Ratings Based Approach: n/a
• Basel 3 - Risk Weighted Assets Operational Risk: 1 January 2023
• Interest Rate Risk in the Banking Book (IRRBB): 1 July 2019
• Exposures to Central Counterparties: 1 October 2024
• Standardised Approachto Counterparty Credit Risk: 1 February 2018
• Credit Valuation Adjustment - Basic Approach: 1 January 2024
• Market Risk (i.e., FRTB and CVA): 1 January 2024
Source: OJK
Following the designation by Bank Indonesia of PT • Interest rate risk management in the banking book
Kliring Penjaminan Efek Indonesia (KPEI) as the Central refers to OJK Circular Letter No.12/SEOJK.03/2018
Counterparty for the Money Market and Foreign Exchange regarding Application of Risk Management and Risk
(CCP PUVA) in Indonesia, the Bank has complied with OJK Measurement Standard Approach for Interest Rate
Circular Letter No. 16/SEOJK.03/2023 regarding Capital Risk in the Banking Book for Commercial Banks.
Calculations for Bank Exposure to Central Counterparty
Agencies, effective as of the September 2024 reporting To meet these requirements, the Bank set up the ALMIRA
position. The reporting system is fully integrated with system, which generates accurate and timely reports
the monthly commercial bank reporting through the and calculations, as well as comprehensive and detailed
One Reporting (ANTASENA), as well as via the OJK Online information that can be used for Bank analysis purposes,
Reporting Application (APOLO). covering individual Bank, subsidiary, and consolidated
portfolios. This system has been implemented since 2016
Along with Basel III Capital, the Bank also implemented for liquidity risk and since 2019 for interest rate risk.
Basel III Liquidity which follows the regulation set out in
OJK Regulation, including: The implementation of Basel standards and OJK
• Liquidity Coverage Ratio (LCR) based on OJK regulations is supported by strong governance, robust
Regulation No. 42/POJK.03/2015, which was updated system infrastructure, and the phased and consistent
through POJK No. 19 of 2024. application of best-practice methodologies, thereby
• Net Stable Funding Ratio (NSFR) according to OJK fostering a risk culture that underpins the sustainability
Regulation No. 50/POJK.03/2017, which was updated of the Bank’s business.
through POJK No. 20 of 2024.
Disclosure of Recovery Plan
1. Objectives of the Recovery Plan The Recovery Plan represents CIMB Niaga’s
CIMB Niaga has developed Recovery Plan which aims commitment to:
to achieve and maintain bank stability in the financial a. Ensure a solid financial system stability in facing
system, in line with the Government of the Republic the threat of a potential financial crisis due to
of Indonesia’s mission to develop and strengthen pressure on various financial conditions.
the financial sector (Law of the Republic of Indonesia b. Prevent and manage problems experienced by
Number 4 of 2023) and support the national economy. the Bank where the Bank determined the steps to
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be taken when financial stress occurs that might c. Identification of Stress Scenarios (Reverse Stress)
threaten business sustainability. and Stress Testing
CIMB Niaga conducts reverse stress testing to
The Recovery Plan preparation has been tailored to identify stress scenarios or financial distress
the Bank’s conditions and refers to POJK No. 5 of 2024 conditions, arising from both market-wide and
regarding the Determination of Supervision Status idiosyncratic factors, that could potentially
and Handling of Commercial Bank Issues, which lead to business failure. Market-wide stress
includes the following matters: scenarios reflect financial pressures driven by
a. General business review through identification of macroeconomic factors that affect the broader
critical business lines and functions. market as well as other market participants, while
b. Identifying the Bank’s financial and operational idiosyncratic scenarios arise from institution-
interdependence with the main entity, affiliated, specific events that impact only CIMB Niaga.
and subsidiary companies, as well as critical
business systems. d. Determination of Recovery Plan Indicators
c. Identifying potential financial stress scenarios, In determining the activation threshold for the
both market-wide and idiosyncratic. Recovery Action Plan, CIMB Niaga has established
d. Conducting stress testing to identify scenarios indicators in the form of financial ratios. In
that may lead to non-viable conditions. determining and establishing the indicators
e. Establishing financial indicators to determine for the Recovery Action Plan, there are four
when to activate the Recovery Plan. classifications of indicators, as follows: Capital,
f. Defining recovery actions to be executed in Liquidity, Profitability, and Asset Quality.
managing the financial crisis, as outlined in the
recovery options. e. Recovery Options
g. Establishing a framework and governance CIMB Niaga has identified recovery options
for managing the Recovery Plan, including to ensure the Bank’s business continuity in
its maintenance, execution, updates, and anticipation of challenging financial conditions.
communication of the action plan. These recovery options shall be executed in
case the Recovery Plan indicators are breached;
2. Recovery Plan Framework however, certain actions have also been
undertaken at the prevention stage prior to the
a. General Business Review Recovery Plan activation. The predetermined
The General Business Review is conducted through recovery options are tailored to the Bank’s
the identification of the Bank’s business lines. conditions and selected based on their credibility
An internal assessment process is carried out to and the feasibility of each option.
determine which business lines are classified as
core and non-core, as well as critical and non- f. Governance
critical, to identify the role and significance of CIMB Niaga has established governance for the
each business line within the banking industry. Recovery Plan, wherein the Board of Directors
This assessment enables the Bank to determine oversees and activates the plan during the
which business lines should be sustained in the recovery period, supported by committees such
event of periods of financial stress. as the Crisis Management Committee (CMC) and
Funding Crisis Management Team (FCMT), along
b. Identification of Financial and Operational with other relevant units. Monthly monitoring
Interdependencies of Recovery Plan indicators is conducted and
CIMB Niaga conducts an assessment of financial reported to the Risk Management Committee
and operational interdependence with parent (RMC). The Recovery Plan’s framework and
companies, affiliated companies, and subsidiary governance have been thoroughly documented,
companies, along with critical systems, with the including steps for activating the Recovery Plan
aim of assessing the potential impact that financial and communication processes for internal and
stress may have on these interdependencies. external stakeholders during the recovery phase.
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g. Communication 3. Recovery Plan Governance
The communication process for the Recovery Plan The RMC receives monthly monitoring reports on
is aligned with the Bank’s existing Communication Recovery Action Plan indicators covering 4 (four)
and Disclosure Plan, which includes the setting aspects, including Capital, Liquidity, Profitability, and
up of a Crisis Communication Management Team Asset Quality. In managing the Recovery Plan, the
(CCMT), which is responsible for the internal Board of Directors is also supervised by the Board of
and external communication process (various Commissioners. If significant operational and liquidity
stakeholders) during the recovery phase. In the issues arise, the CMC (Crisis Management Committee)
communication process, CCMT is in charge of and FCMT (Funding Crisis Management Team) report
selecting communication strategies and managing to the Board of Directors, which are then reported to
communication flows. the Board of Commissioners.
The document is updated periodically, involving
Senior Management, to ensure alignment with the
Bank’s current business conditions.
Action Plan Indicator Reporting Governance
Board of
Commissioners
Board of Directors
Crisis Management Funding Crisis Management
Committee (Operational) Team (Liquidity)
Various Business &
Support Units
Monitoring and Reporting of Monthly Action Plan Indicators
Risk Management
Committee
Capital Liquidity Profitability Asset Quality
4. Submission of Recovery Plan
CIMB Niaga has submitted the updated Recovery Plan to the Financial Services Authority in 2025 in order to comply
with POJK No. 5 of 2024 regarding the Determination of Supervision Status and Handling of Commercial Bank Issues.
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Anti Fraud Management (AFM)
In accordance with POJK No. 12 of 2024 regarding the violations of the CIMB Niaga Employee Code of Ethics and
Implementation of Anti-Fraud Strategies for Financial Conduct.
Services Institutions, CIMB Niaga established a dedicated
Anti-Fraud Management unit (AFM) to effectively The implementation of anti-fraud strategies applies
implement anti-fraud strategies throughout the bankwide. to all parties with an interest in the Bank. CIMB Niaga
routinely sends letters of confirmation regarding the
As part of its internal control system, CIMB Niaga has an implementation of anti-fraud policy throughout the
anti-fraud policy to serve as a foundation for carrying out Bank’s organizational levels, as well as a mechanism
its functions, to encourage a compliance culture and raise for reporting violations through the whistleblowing
risk awareness of potential fraud and its consequences. system, to all Bank partners. Notification/Appeal Letters
regarding the prohibition of Gratuities are also routinely
CIMB Niaga requires all members of the Board of sent before the holidays as an additional reminder.
Commissioners (BOC), Sharia Supervisory Board (SSB),
Board of Directors (BOD), and employees to uphold ZERO TOLERANCE TO FRAUD
honesty, professionalism, and integrity without exception. CIMB Niaga upholds zero-tolerance policy towards fraud,
They are expected to proactively protect and safeguard under which any act of fraud and any individual involved
the Bank’s assets, customers, and other stakeholders in shall be subject to strict disciplinary action without
compliance with internal and external regulations. exception, including referral for criminal prosecution
where applicable. The implementation of the zero-
The BOD and BOC are responsible for ensuring that anti- tolerance-to-fraud principle is intended to foster a culture
fraud measures are implemented effectively within the of integrity as a critical foundation for safeguarding the
Bank. As a form of active supervision by the BOD and BOC Bank’s assets, customers, and other stakeholders, while
on fraud prevention, CIMB Niaga signs and implements supporting sustainable growth.
the Integrity Pact every year by all levels of the Bank’s
organization, members of the BOC, SSB, and the BOD. ANTI-FRAUD STRATEGY
All Bank employees, including permanent, contract, and CIMB Niaga’s anti-fraud strategy is implemented in the
outsourced employees, are required to complete the form of a fraud control system in accordance with POJK
Integrity Pact attestation as a form of commitment to No. 12 of 2024 which consist of 4 (four) interrelated anti-
always uphold integrity and oppose all forms of fraud or fraud strategy pillars, including:
Anti Fraud
Prevention Detection Investigation Monitoring
PREVENTION
Prevention comprises activities undertaken to mitigate the potential occurrence of fraud and to prevent losses to the
Bank, its customers, and other stakeholders. One of the key fraud prevention measures is the cultivation of a strong
anti-fraud culture and the enhancement of fraud awareness among internal employees, customers, and business
partners through continuous anti-fraud education and awareness programs. This educational program is carried
out not solely for employees but also for customers and other stakeholders using various methods/media, including
face-to-face or virtual training/sharing session programs, the use of e-Learning applications (Learning on The Go), and
other communication media such as WhatsApp, email blasts, social media (Facebook, Instagram, Twitter), CIMB Niaga
website, Digital Posters displayed at branch offices, SMS, ATM/CDM Displays, Billing/Account Statements, as well as call
center waiting tones (Interactive Voice Response/IVR). This educational program is carried out, to ensure:
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1. All parties clearly understand that CIMB Niaga enforces indications of fraud or violations involving CIMB Niaga
“zero tolerance to fraud”, whereby perpetrators of employees. The use of an independent third party also
fraud and all parties involved (internal and external) ensures that the confidentiality of the reporter is strictly
shall be subject to strict disciplinary actions and protected.
severe consequences without exception.
2. All employees are expected to uphold the Bank’s INVESTIGATION
values and demonstrate high integrity while carrying Investigations into indications or allegations of fraud
out their duties in alignment with applicable policies are conducted to identify the perpetrators, modus
and procedures. operandi, motives, and root causes of the fraud. Through
3. All parties can participate in fraud prevention, investigation process, the Bank establishes a robust
including raising awareness of cyber risks and basis for imposing sanctions on the perpetrators and
avoiding becoming victims of fraud perpetrators. undertaking appropriate follow-up actions, including the
4. All parties are expected to uphold a speak up culture management of affected customers (if any), assessment
and refrain from ignoring any indications of fraud, of losses incurred, initiation of legal proceedings,
utilizing the Bank’s Whistleblowing System (WBS). and enhancement of control measures based on
vulnerabilities identified during the investigation.
DETECTION
An effective identification system is critical for promptly To ensure that all indications of fraud cases are
identifying fraud, enabling immediate mitigation steps to followed up on and the progress of their resolution is
avoid greater risks or losses. The Bank detects fraudulent comprehensively monitored, the Bank has centralized
actions through a variety of methods, including: the escalation and reporting of suspected fraud cases to
1. Regular and surprise audits. the Anti-Fraud Management unit. The Bank is supported
2. Surveillance systems. by an independent Investigation Team equipped with
3. Approach through data analytics carried out by the the requisite competencies and expertise, including
control function. analytical and investigative capabilities, forensic
4. Encouraging a speak-up culture through the accounting, computer forensics, field investigations, and
Whistleblowing System (WBS). interview techniques.
5. Monitoring suspicious transactions outside the
customer profile in relation to Anti-Money Laundering MONITORING
and Counter the Financing of Terrorism (AML-CFT). The monitoring pillar encompasses follow-up actions
6. Maker-checker control mechanisms, verification, and and evaluations of fraud cases, as well as the reporting
other control mechanisms by utilizing systems or of such cases to Management and the OJK. Follow-up
infrastructure attached to the Bank’s products and actions on fraud cases include ensuring the imposition
operational processes. of sanctions on the perpetrators and related parties,
7. Collaborate with auditors to detect fraud in specific the management of losses incurred, and the initiation of
segments, products, and business processes with a necessary legal actions. All fraud cases are also subject to
risk-based approach. thorough evaluation to identify required enhancements
to controls and/or processes, thereby mitigating the risk
Since 2017, CIMB Niaga has engaged an independent and of recurring similar fraudulent activities.
professional third party, PT Deloitte Advis Indonesia / PT
DC Solution, as the administrator of its Whistleblowing Anti-fraud strategies are regularly reported to the Board
System (WBS). This third party is responsible for receiving of Directors and Board of Commissioners, as well as the
whistleblowing reports, forwarding them to CIMB OJK, to ensure compliance with prevailing regulations.
Niaga, and acting as a communication liaison between The explanation of each pillar above demonstrates that
CIMB Niaga and the whistleblower when necessary. CIMB Niaga has implemented an anti-fraud strategy
Through the appointment of an independent third comprehensively and that each pillar is interrelated so
party, employees, customers, business partners, and the that the strategy can run effectively.
public are expected to be more at east in reporting any
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Basel II Pillar 3: Capital Disclosure, Risk Exposure,
and Risk Management Implementation
GENERAL AFFAIR
Table 1.a. Consolidated Disclosure of Quantitative Key Metrics
Bank Name : PT Bank CIMB Niaga Tbk (Consolidated)
Reporting Position : 31 December 2025
(in million Rupiah)
a b c d e
No. Description
Dec 2025 Sep 2025 Jun 2025 Mar 2025 Dec 2024
Available Capital (value)
1 Common Equity Tier 1 55,655,101 53,992,636 51,391,907 53,234,042 50,821,659
2 Tier 1 Capital 55,655,101 53,992,636 51,391,907 53,234,042 50,821,659
3 Total Capital 58,246,993 56,521,784 53,908,738 55,754,779 53,313,814
Risk Weighted Asset (Value)
4 Total Risk Weighted Asset (RWA) 234,556,941 228,556,626 224,394,903 224,407,405 228,422,975
Risk Based Capital Ratio in the form of percentage of RWA
5 Common Equity Tier 1 (CET1) Ratio (%) 23.73% 23.62% 22.90% 23.72% 22.25%
6 Tier 1 Ratio (%) 23.73% 23.62% 22.90% 23.72% 22.25%
7 Tier 1 Capital Ratio (%) 24.83% 24.73% 24.02% 24.85% 23.34%
Additional CET1 that functions as buffer in the form of percentage of RWA
8 Capital conservation buffer (2.5% dari ATMR) (%) 2.50% 2.50% 2.50% 2.50% 2.50%
9 Countercyclical Buffer (0 - 2.5% dari ATMR) (%) 0.00% 0.00% 0.00% 0.00% 0.00%
10 Capital Surcharge for systemic Banks (1% - 2,5%) (%) 1.00% 1.00% 1.00% 1.00% 1.00%
11 Total CET1 as buffer (Line 8 + Line 9 + Line 10) 3.50% 3.50% 3.50% 3.50% 3.50%
12 CET1 Component for buffer 12.29% 12.29% 12.28% 12.28% 12.31%
Leverage ratio in accordance with Basel III
13 Total Exposure 369,529,457 361,358,414 356,417,979 368,058,547 357,993,800
14 Leverage Ratio Value, including the impact of the adjustment towards temporary 15.06% 14.94% 14.42% 14.46% 14.20%
exemptions on current account placements in Bank Indonesia in order to meet
Statutory Reserve provisions (if any)
14a Basel III compliant leverage ratio in the presence of Expected Loan Loss Model N/A N/A N/A N/A N/A
Expected Loan Loss Model in full compliance with PSAK 71. (%) (line 2a/line13)
14b Leverage Ratio Value, excluding the impact of the adjustment towards temporary 15.06% 14.94% 14.42% 14.46% 14.20%
exemptions on current account placements in Bank Indonesia in order to meet
Statutory Reserve provisions (if any)
14c Leverage Ratio Value, including impact from the adjustment towards temporary 15.06% 14.94% 14.42% 14.46% 14.20%
exemptions on current account placements in Bank Indonesia in order to meet
Statutory Reserve provisions (if any), which has inputed the average value of the
listed value of the Securities Financing Transaction (SFT) assets on a gross basis
14d Leverage Ratio Value, excluding the impact of the adjustment towards temporary 15.06% 14.94% 14.42% 14.46% 14.20%
exemptions in current account placements in Bank Indonesia in order to meet
Statutory Reserve provisions (if any), which has inputed the average value of the
listed value of the Securities Financing Transaction (SFT) assets on a gross basis
Liquidity Coverage Ratio (LCR)
15 Total High Quality Liquid Assets (HQLA) 116,509,990 101,872,881 91,639,868 94,677,493 99,026,075
16 Total Net Cash Outflow 57,168,323 49,121,156 47,590,961 47,634,819 43,908,886
17 LCR (%) 203.80% 207.39% 192.56% 198.76% 225.53%
Net Stable Funding Ratio (NSFR)
18 Total Available Stable Funding (ASF) 237,260,993 239,193,615 238,783,648 236,932,515 234,496,340
19 Total Required Stable Funding (RSF) 209,639,047 208,419,157 205,600,292 204,960,237 202,818,676
20 NSFR (%) 113.18% 114.77% 116.14% 115.60% 115.62%
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Qualitative Analysis
CAR Ratio:
CIMB Niaga’s consolidated Capital Adequacy Ratio (CAR) as of December 2025 (T) was 24.83%, an increase of 0.10% from 24.73% in September
2025 (T-1). The increase in CAR was due to:
1. An increase in total capital of Rp1.7 trillion, primarily driven by an increase in current year profit of Rp1.6 trillion, an increase in the fixed
asset revaluation surplus of Rp0.5 trillion due to the revaluation process by Public Appraisal Services Agency (KJPP), despite a decrease in
potential profit from the increase in the fair value of financial assets in the available-for-sale (FVOCI) category of Rp0.3 trillion, and a decrease
in deferred tax calculations of Rp83.3 billion.
2. Although total risk-weighted assets (RWA) increased by Rp6.0 trillion due to an increase in credit RWA of Rp5.2 trillion and an increase in
market RWA of Rp0.8 trillion.
Compared to December 2024 (T-4), the CAR ratio in December 2025 (T) saw a 1.49% increase. This increase was driven by an increase in total
capital of Rp4.9 trillion, largely driven by an increase in previous year’s profit and current year’s profit of Rp3.0 trillion, an increase in the fixed asset
revaluation surplus of Rp0.5 trillion due to the revaluation process by the KJPP, and an increase in potential profit from an increase in the fair value
of financial assets in the available-for-sale (FVOCI) category of Rp1.4 trillion. Although total risk-weighted assets (RWA) increased by Rp6.1 trillion
due to an increase in credit RWA of Rp9.0 trillion and market RWA of Rp1.7 trillion, operational RWA decreased by Rp4.6 trillion.
Leverage Ratio:
CIMB Niaga’s consolidated leverage ratio in December 2025 (T) was 15.06%, an increase of 0.12% from 14.94% in September 2025 (T-1). This
increase was driven by an increase in core capital of Rp1.7 trillion, largely driven by an increase in current year profit of Rp1.6 trillion, an
increase in the fixed asset revaluation surplus balance of Rp0.5 trillion due to the revaluation process by the KJPP, despite a decrease in the
potential gain from the increase in the fair value of financial assets in the available-for-sale (FVOCI) category of Rp0.3 trillion, and a decrease
in deferred tax calculations of Rp83.3 billion, despite an increase in total exposure of Rp8.2 trillion, largely due to an increase in total asset
exposure in the statement of financial position.
*
T is the quarterly period, T-1 is the previous quarter.
LCR:
On a consolidated basis, the average LCR for Q4 2025 was 203.80%, a decrease of 3.59% compared to the previous quarter (Q3 2025 was
207.39%). This decrease was due to an increase in the weighted average Net Cash Outflow, which was a larger percentage than the increase
in the weighted average HQLA. The increase in HQLA was primarily in the form of placements with Bank Indonesia and government bonds,
supported by an increase in average public deposits during Q4 2025, which automatically increased the bank’s cash outflow.
NSFR:
The Consolidated NSFR in December 2025 was 113.18%, still above the Regulator’s threshold. The Consolidated NSFR decreased by 1.59%
compared to 114.77% in September 2025. This decrease was due to a decrease in the total weighted value of the Consolidated ASF component,
while the total weighted value of the Consolidated RSF increased. ASF decreased by 0.81%, or equivalent to Rp1.93 trillion after weighting, while
RSF increased by 0.59%, or equivalent to Rp1.22 trillion after weighting.
Table 1.b. The difference between Consolidated Coverage under Accounting Standards and Prudential Provisions
(in million Rupiah)
a b c d e f g
The recorded value of each risk
Carrying value
as specified in Carrying value Not refer
In accordance In accordance
the financial based on prudent In accordance In accordance to capital
with counterparty with
statement principles with credit risk with market risk requirements or
credit risk securitization
publication framework framework based on capital
framework framework
reduction
Indonesia
Assets
Cash 3,657,344 3,657,344 3,657,344 - - - -
Placement in Bank Indonesia 22,909,318 22,909,318 22,909,318 - - - -
Placement in other banks 2,511,741 2,511,741 2,511,741 - - - -
Spot and derivative receivables 773,692 773,692 773,692 2,693,360 - 773,692 -
Securities 73,825,960 73,825,960 47,638,404 - - 26,187,556 -
Securities sold under 11,639,569 11,639,569 11,294,912 158,656 - 344,657 -
repurchase agreements (repo)
Claims on securities purchased 1,000,129 1,000,129 - 1,000,129 - - -
under re-sell agreement
(reverse repo)
Acceptance receivables 1,937,050 1,937,050 1,937,050 - - - -
Loans 182,589,970 182,589,970 182,589,970 - - - -
Sharia Financing 55,718,855 55,718,855 55,718,855 - - - -
Investments 24,214 24,214 24,214 - - - -
Other financial assets 4,369,627 4,369,627 4,369,627 - - - -
Allowance for impairment in of
financial assets -/
a. Marketable securities (782) (782) - - - - -
b. Loans and Sharia financing (8,383,385) (8,383,385) (6,973,954) - - - -
c. Others (2,734) (2,734) (2,734) - - - -
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(in million Rupiah)
a b c d e f g
The recorded value of each risk
Carrying value
as specified in Carrying value Not refer
In accordance In accordance
the financial based on prudent In accordance In accordance to capital
with counterparty with
statement principles with credit risk with market risk requirements or
credit risk securitization
publication framework framework based on capital
framework framework
reduction
Intangible assets 5,244,591 5,244,591 - - - - 5,244,591
Accumulated amortization of (3,215,854) (3,215,854) - - - - (3,215,854)
intangible assets -/
Fixed assets and inventories 9,821,997 9,821,997 9,821,997 - - - -
Accumulated depreciation of (2,620,686) (2,620,686) (2,620,686) - - - -
fixed assets and inventories -/
Non-productive assets
a. Abandoned properties - - - - - - -
b. Foreclosed collaterals 462,372 462,372 462,372 - - - -
c. Suspended accounts 131,325 131,325 131,325 - - - -
d. Inter-branch assets 111,356 111,356 111,356 - - - -
Other assets 10,193,224 10,193,224 10,036,470 - - - 156,754
Total assets 372,698,893 372,698,893 344,391,274 3,852,145 - 27,305,904 2,185,491
Liabilities
Current account 103,079,287 103,079,287 - - - - -
Saving account 86,381,232 86,381,232 - - - - -
Time deposits 81,062,261 81,062,261 - - - - -
Electronic money 146,880 146,880 - - - - -
Liabilities to Bank Indonesia - - - - - - -
Interbank liabilities 7,366,310 7,366,310 - - - - -
Spot and derivative liabilities 598,119 598,119 - - - - -
Liabilities on securities sold 11,514,958 11,514,958 - - - - -
under repurchase agreement
Acceptance liabilities 1,937,050 1,937,050 - - - - -
Issued securities 3,685,222 3,685,222 - - - - -
Borrowings 4,455,255 4,455,255 - - - - -
Security deposits 500,038 500,038 - - - - -
Inter-branch liabilities - - - - - - -
Other liabilities 13,815,098 13,815,098 - - - - -
Minority interest 217,326 217,326 - - - - -
Total liabilities 314,759,036 314,759,036 - - - - -
Qualitative Analysis
There is a difference between the total carrying value of assets, in accordance with the scope of the prudential consolidation provisions, and the
carrying value of each risk (as reported in template LI1), derived from the value of Spot Derivative Receivables and Receivables on securities purchased
under resale agreements (reverse repos). The difference is explained as follows:
1. Spot Derivative Receivables
- Referring to OJK regulations, financial assets in the form of Spot Receivables and Derivatives are subject to more than one risk type, namely
within the counterparty credit risk framework and the market risk framework.
- Within the counterparty credit risk framework, the calculation criteria for Derivative Transactions using the Standardized Approach differ from
the accounting carrying value because the calculation uses the sum of Replacement Cost and Potential Future Exposure data multiplied by 1.4,
in accordance with the provisions of OJK Circular Letter No. 48/SEOJK.03/2017.
- Within the market risk framework, the calculation refers to OJK Circular Letter No. 38/SEOJK/2016 concerning Guidelines for Using the Standard
Method in Calculating the Minimum Capital Adequacy Requirement for Commercial Banks, in consideration of Market Risk.
2. Claims on securities purchased under resale agreements (reverse repo).
- Referring to OJK regulations, financial assets in the form of reverse repos are subject to more than one type of risk, namely counterparty credit
risk and the market risk framework.
- Within the market risk framework, the calculation of Reverse Repo Transactions refers to the provisions of OJK Circular Letter No. 38/
SEOJK.03/2016 concerning Reverse Repo Transactions in the Trading Book. If the securities used as collateral for a reverse repo transaction are
traded, the Bank must record the transaction as a short position in the Trading Book, thereby exposing it to market risk.
- Within the counterparty credit risk framework, the calculation of reverse repos refers to OJK Circular Letter No. 11/SEOJK.03/2018 concerning
Guidelines for Calculating Risk-Weighted Assets for Credit Risk Using Standardized Approach.
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Table 1.c. Main Source of Difference between Exposure according to Prudential Provisions and Carrying Values
according to Financial Accounting Standards
(in million Rupiah)
a b c d e
Item in accordance with:
Total Counterparty
Credit risk Securitization Market risk
credit risk
framework framework framework
framework
Asset carrying value amount under scope of regulatory consolidation (as 372,698,893 344,391,274 - 3,852,145 27,305,904
reported in table LI1)
Liabilities carrying value amount under regulatory scope of consolidation (as - - - - -
reported in table LI1)
Total net amount under regulatory scope of consolidation - - - - -
Off-balance sheet amounts 114,311,453 22,321,594 - - -
Calculation of Derivative Transactions with Standardized Approach - - - 2,693,360 -
Differences due to different netting rules, other than those already included - - - - -
in row 2
Differences due to consideration of provisions - - - - -
Differences due to prudential filters - - - - -
Exposure amounts considered for regulatory purposes
Qualitative Analysis
There is a difference between the total carrying value of assets, in accordance with the scope of the prudential consolidation provisions, and
the carrying value of each risk (as reported in template LI1), derived from the value of Spot Derivative Receivables and Receivables on securities
purchased under resale agreements (reverse repos). The difference is explained as follows:
1. Spot Derivative Receivables
- Referring to OJK regulations, financial assets in the form of Spot Receivables and Derivatives are subject to more than one risk type,
namely within the counterparty credit risk framework and the market risk framework.
- Within the Counterparty Credit Risk framework, the calculation criteria for Derivative Transactions using the Standardized Approach
differ from the accounting carrying value because the calculation uses the sum of Replacement Cost and Potential Future Exposure data
multiplied by 1.4, in accordance with the provisions of OJK Circular Letter No. 48/SEOJK.03/2017.
- Within the market risk framework, the calculation refers to OJK Circular Letter No. 38/SEOJK.03/2016 concerning Guidelines for Using the
Standard Method in Calculating the Minimum Capital Adequacy Requirement for Commercial Banks, in consideration of Market Risk.
2. Claims on securities purchased under resale agreements (reverse repo).
- Referring to OJK regulations, financial assets in the form of reverse repos are subject to more than one type of risk, namely counterparty
credit risk and the market risk framework.
- Within the market risk framework, the calculation of Reverse Repo Transactions refers to the provisions of OJK Circular Letter No. 38/
SEOJK/2016 concerning Reverse Repo Transactions in the Trading Book. If the securities used as collateral for a reverse repo transaction
are traded, the Bank must record the transaction as a short position in the Trading Book, thereby exposing it to market risk.
- Within the counterparty credit risk framework, the calculation of reverse repos refers to OJK Circular Letter No. 11/SEOJK.03/2018
concerning Guidelines for Calculating Risk-Weighted Assets for Credit Risk Using Standardized Approach.
Capital
QUALITATIVE DISCLOSURE OF CAPITAL a. Capital Management Objective
STRUCTURE AND ADEQUACY CIMB Niaga aims to maintain its strong capital
The Bank’s capital management framework is designed to position while optimizing capital utilization to support
ensure that the Bank maintains a sound capital structure business growth and maintain investors, depositors,
in accordance with the risk profile, business targets, and customers, and market trust. The main objectives of
capital adequacy requirements set by the regulator. The the Bank ‘s capital management are as follow:
capital component is concentrated in core capital, or
Tier 1, with a consolidated Tier 1 ratio as of December 1. Providing adequate capital for business growth,
2025 at 23.73% out of the Capital Adequacy Ratio (CAR) both organically and inorganically, in line with the
at 24.83%.
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Bank’s business appetite. This is achieved through • Estimating capital requirements based on the
implementing capital management as follows: Bank’s Risk Appetite.
a. Short, medium, and long-term capital planning • Determining the requirements for capital issuance
based on business strategy. and the maturity profile of capital instruments.
b. Developing a balanced business appetite
from the perspective of capital consumption This serves as a part of improving the effectiveness of
and capital generation through the returns risk management practices at the Bank, in accordance
generated from the business. with OJK Circular Letter No. 26/SEOJK.03/2016
dated July 14, 2016, concerning Minimum Capital
2. Ensuring the Bank has adequate capital to Requirements in accordance with Risk Profile and
manage risks, including during stress conditions. Fulfillment of Capital Equivalency Maintained Assets
This is achieved through: (CEMA).
a. Complying with regulatory requirements for
bank capital at all times. As of December 2025, the Bank self-assessed its
b. Maintaining a capital buffer above the risk profile rating at 2 (two) or low-moderate with a
minimum requirement. Capital Adequacy Ratio (CAR) of 24.54% for the Bank
c. Conducting stress testing for internal and individually and 24.83% for Banks on a consolidated
regulatory purposes. basis. This ratio meets the Financial Services Authority
d. Carrying out projections and monitoring of requirement, which requires at least 9% up to less
CAR to estimate capital consumption needs than 10% of Risk Weighted Assets (RWA) for a Bank
for short, medium, and long-term capital. with a risk profile rating of 2 (two).
e. Preparing capital contingency plans.
f. Implementing a comprehensive recovery OJK and Bank Indonesia have issued capital
plan that addresses not only capital but regulations in line with Basel III, which were effective
also liquidity, profitability, and asset quality as of 1 January 2016. The Bank is expected to provide
aspects. an additional 3 (three) capital buffers gradually in the
form of Common Equity Tier 1 (CET1) as follows:
b. Capital Structure • Capital Conservation Buffer (CCB) at 2.5%.
The capital components are generally dominated by • Countercyclical Buffer at 0% based on a press release
permanent and loss-absorbing capital components, from Bank Indonesia dated 22 October 2025.
with core capital (Tier-1) remaining the largest • Capital Surcharge Buffer for Domestic Systemically
component of the Bank’s capital. Important Bank (D-SIB), at 1% based on OJK letter
No. SR-203/PB.32/2025 dated 6 October 2025,
c. Capital Adequacy concerning the Determination of Systemic Banks
As part of banking entities in Indonesia, CIMB and Obligations to Fulfill Capital Surcharge.
Niaga constantly strives to comply with applicable
regulations by maintaining the CAR ratio above the As of December 2025, the Bank’s capital level met
minimum requirements determined by the Financial all 3 (three) capital buffer requirements mentioned
Services Authority, in determining the budget and above.
reserving capital that is considered sufficient to cover
risks that may arise from the Bank’s operational The self-assessment results on the Bank’s capital
activities in the future. ratio in 2025 are considered adequate, in which the
capital ratio is above the regulatory requirement and
The Bank has implemented the Internal Capital sufficient for supporting business growth.
Adequacy Assessment Process (ICAAP) to evaluate
capital adequacy in accordance with the risk profile, The trend of capital growth based on the Bank’s
whereby the Bank actively monitors and maintains Business Plan (RBB) also demonstrates the Bank’s
its capital position going forward by involving several ability to support its business expansion plan in the
activities as follows: future. As of December 2025, the core capital ratio
• Determining target capital level considering to RWA is 23.44% for Bank on an individual basis and
stress conditions, both at the Bank only and 23.73% on a consolidated basis. Overall, Bank CAR’s
consolidated level, by taking into account the ratio as of December 2025 is 24.54% on an individual
anticipated future regulatory changes, and basis and 24.83% on a consolidated basis. Such ratios
shareholder expectations. comply with POJK No. 27 of 2022 concerning the
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Second Amendment to OJK Regulation No. 11/POJK.03/2016 concerning Minimum Capital Adequacy Requirement for
Commercial Banks, which is at a minimum of 9% up to less than 10% from RWA, both for individual and consolidated
levels, for Banks with a risk rating of 2 (low-moderate). Furthermore, OJK regulations require a minimum core capital
provision of 6%. The Bank’s capital adequacy with reference to OJK regulations during a five-year period is described
as follows:
%
17.31 18.60 18.40 19.66 20.20 21.47 20.80 21.92 21.61 22.68 21.11 22.19 22.89 24.02 22.25 23.34 23.73 24.83
Core Capital
KPMM
2017 2018 2019 2020 2021 2022 2023 2024 2025
The following are the Bank’s CAR components, both individual and consolidated, as of December 2025:
Information Individual (in millions of rupiah) Consolidated (in millions of rupiah)
Tier 1 52,851,435 55,655,101
Common Equity Tier 1 52,851,435 55,655,101
Tier 2 2,482,358 2,591,892
Total Capital 55,333,793 58,246,993
Total RWA 225,461,113 234,556,941
CAR 24.54% 24.83%
Tier 1 to RWA 23.44% 23.73%
Common Equity Tier 1 to RWA 23.44% 23.73%
Tier 2 Ratio 1.10% 1.11%
As part of its capital management, the Bank reviews Indonesia’s financial conglomerate had an integrated
annual dividend payments on a regular basis to minimum capital reserve ratio of 185% which is 85%
ensure that it has adequate capital to support higher than the minimum requirement set by the
business growth targets, capital expenditure, and POJK provisions.
new business activities. Based on the resolutions of
the General Meeting of Shareholders on April 14, d. Capital Governance
2025, the shareholders agreed to allocate a portion Management has a good understanding of capital
of the 2024 net profit for a dividend cash payout of management, and the Board of Directors and
Rp3,915 billion (paid on May 14, 2025). The dividend Board of Commissioners see capital planning as an
distribution plan is prepared by considering and important element in achieving strategic goals. This
maintaining CAR at an optimal level at all times, is demonstrated by the Bank’s and its subsidiaries’
in accordance with the regulator’s minimum performance, which are continuously maintained
requirements, and taking into account the Bank’s by monitoring the quality of risk management
future business strategy. sustainably, conducting regular audits on the
adequacy of dividend distribution policies by the
According to OJK Regulation No. 26/POJK.03, the Internal Audit Unit, and demonstrating management’s
Bank, as the primary entity of the CIMB Indonesia commitment to the strategies and targets already
financial conglomerate, reported the requirements stated in the Bank’s Business Plan (RBB).
for integrated minimum capital for financial
conglomerates. As of December 2025, CIMB e. Quantitative Disclosure
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Table 2.a. CC1 – Capital Composition
Bank Name : PT Bank CIMB Niaga Tbk (Consolidated)
Reporting Position : 31 December 2025
Ref. No. deriving from
No. Component Amount Consolidated Balance
(in million Rupiah) Sheet1)
Common Equity Tier 1 (CET 1): Instrument and Additional Paid-in Capital
1 Common share (including stock surplus 8,829,772 E16a; E16b; E16c; E17a;
E17d
2 Retained earnings 43,740,946 E21a; E21b; E21c
3 Accumulated other comprehensive income (and other reserves 5,503,762 E18a; E18b; E19a
4 Directly issued capital subject to phase out from CET1
5 Non controlling interest
6 Common Equity Tier 1 capital before regulatory adjustment
CET 1: Regulatory Adjustment
7 Differences in the fair value financial instruments adjustments in trading book
8 Goodwill
9 Other intangibles (other than mortgage servicing rights) 2,028,737 A14
10 Deferred tax assets related to future profitability
11 Cash-flow hedge reserve
12 Shortfall on provisions to expected losses
13 Securitisation gain on sale
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 in paid in capital on reported
financial statement)
17 Cross-holdings in CET 1 instruments in other entities
18 Investments in banks, financial entities, and insurance companies outside the scope
of consolidation as stipulated, net short positions permitted, where the Bank does
not hold more than 10% of the issued share capital (amount above the 10% limit).
19 Investments in the capital of Banking, financial and insurance entities that are outside
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)
20 Mortgage servicing rights
21 Deferred tax assets arising from temporary differences (amount above 10%
threshold, net of related tax liability)
22 Amount exceeding the 15% threshold:
23 of which: significant investments in the common stock of financial
24 mortgage servicing rights
25 of which: deferred tax assets arising from temporary differences
26 Provisions for non-productive assets
26a. Difference between required and booked provisions
26b. Provisions for non-productive assets 233,888
26c. Deferred tax assets 156,754 A17
26d. Investment in shares
26e. Capital deficiency on insurance subsidiaries
26f. Securitization exposure
26g. Others
27 Regulatory adjustments applied to CET 1 due to insufficient Additional Tier 1 and
Tier 2 to cover deductions
28 Total regulatory adjustments to Common equity Tier 1 2,419,379
29 Common Equity Tier 1 capital (CET1) 55,655,101
Additional Tier 1 capital: instruments
30 Directly issued qualifying Additional Tier 1 instruments plus related stock surplus
31 of which: classified as equity under applicable accounting standards
32 of which: classified as liabilities under applicable accounting standards
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Ref. No. deriving from
Amount Consolidated Balance
No. Component (in million Rupiah) Sheet1)
33 Directly issued capital instruments subject to phase out from Additional Tier 1
34 Additional tier 1 instruments issued by subsidiaries and held by third parties
35 of which: instruments issued by subsidiaries subject to phase out
36 Additional Tier 1 capital before regulatory adjustments
Additional Tier 1 capital: regulatory adjustments
37 Investments in own Additional Tier 1 instruments
38 Reciprocal cross-holdings in Additional Tier 1 instruments
39 Investments in the capital of Banking, financial and insurance entities that are
outside the scope of regulatory consolidation, net of eligible short positions, where
the Bank does not own more than 10% of the issued common share capital of the
entity (amount above 10% threshold)
40 Significant investments in the capital of Banking, financial and insurance entities that
are outside the scope of regulatory consolidation (net of eligible short positions)
41 National specific regulatory adjustments
41a. Fund placements on AT1 instrument in other Banks
42 Regulatory adjustments applied to Additional Tier 1 due to insufficient Tier 2 to
cover deductions
43 Total regulatory adjustments to Additional Tier 1 capital
44 Additional Tier 1 capital (AT1)
45 Tier 1 capital (T1 = CET 1 + AT 1) 55,655,101
Tier 2 capital: Instruments and provision
46 Directly issued qualifying Tier 2 instruments plus related stock surplus
47 Directly issued capital instruments subject to phase out from Tier 2
48 Tier 2 instruments issued by subsidiaries and held by third parties
49 of which: instruments issued by subsidiaries subject to phase out
50 General reserves of PPKA for earning assets that must be calculated at a maximum 2,591,892
of 1.25% of RWA for Credit Risk
51 Tier 2 capital before regulatory adjustments 2,591,892
Tier 2 Capital: Regulatory Adjustments
52 Investments in own Tier 2 instruments
53 Reciprocal cross-holdings in Tier 2 instruments and other TLAC liabilities
54 Investments in other TLAC liabilities of banking, financial, and insurance entities that
are outside the scope of regulatory consolidation and, for which the Bank does not own
more than 10% of the issued entity’s common shares: amounts previously designated to
the 5% limit but which are no longer meets the conditions eligible (only for G-SIBs)
Investments in other TLAC liabilities of banking, financial, and insurance entities that
are outside the scope of regulatory consolidation and, for which the Bank does not own
more than 10% of the issued entity’s common shares: amounts previously designated to
the 5% limit but which are no longer meets the conditions eligible (only for G-SIBs)
55 Significant investments in the capital and other TLAC liabilities of banking, financial
and insurance entities that are outside the scope of regulatory consolidation (net of
eligible short positions)
56 National specific regulatory adjustments
56a. Sinking fund
56b. Fund placements on other Bank’s Tier 2 instruments
57 Total regulatory adjustments to Tier 2 capital
58 Tier 2 capital (T2) after regulatory adjustment 2,591,892
59 Total Capital (Tier 1 + Tier 2) 58,246,993
60 Total risk weighted assets 234,556,941
Capital Adequacy Ratios and Capital Buffer
61 Common Equity Tier 1 (as a percentage of risk weighted assets 23.73%
62 Tier 1 (as a percentage of risk weighted assets) 23.73%
63 Total capital (as a percentage of risk weighted assets) 24.83%
64 Institution specific buffer requirement (minimum CET1 requirement plus capital 0.00%
conservation buffer plus countercyclical buffer requirements plus G-SIB buffer
requirement, expressed as a percentage of risk weighted assets)
65 Capital Conservation Buffer 2.50%
66 Countercyclical Buffer 0.00%
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Ref. No. deriving from
Amount Consolidated Balance
No. Component (in million Rupiah) Sheet1)
67 higher loss absorbency requirement 1.00%
68 For conventional commercial banks: Common Equity Tier (CET 1) available to meet
Additional Capital (Buffer) – percentage of RWA
For branch offices of the Bank domiciled overseas: Portion of Business Funds
placed in CEMA (expressed as a percentage of RWA) available to meet the Buffer.
National minimal (if different from Basel 3)
69 National Common Equity Tier 1 minimum ratio (if differet to Basel 3)
70 National Tier 1 minimum ratio (if different to Basel 3)
71 National total capital minimum ratio (if different to Basel 3)
Amounts below the thresholds for deduction (before risk weighting)
72 Non-significant investments in the capital and other TLAC liabilities of other
financial entities
73 Significant investments in the common stock of financial entities
74 Mortgage servicing rights (net of related tax liability)
75 Deferred tax assets arising from temporary differences (net of related tax liability)
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 approach (prior to application of cap)
77 Cap on inclusion of provisions in Tier 2 under standardised approach
78 Provisions eligible for inclusion in Tier 2 in respect of exposures subject to internal
ratings-based approach (prior to application of cap)
79 Cap for inclusion of provisions in Tier 2 under internal ratings-based approach
Capital instruments subject to phase-out arrangements (only applicable between 1 January 2018 and 1 January 2022)
80 Current cap on CET1 instruments subject to phase out arrangements
81 Amount excluded from CET1 due to cap (excess over cap after redemptions and
maturities)
82 Current cap on AT1 instruments subject to phase out arrangements
83 Amount excluded from AT1 due to cap (excess over cap after redemptions and
maturities)
84 Current cap on T2 instruments subject to phase out arrangements
85 Amount excluded from T2 due to cap (excess over cap after redemptions and maturities)
Reference:
A: Assets
E: Equity
L: Liabilities
Reference numbering according to the number of balance sheet items
Table 2.b. CC2 - Capital Reconciliation
Bank Name : PT Bank CIMB Niaga Tbk (Consolidated)
Reporting Position : 31 December 2025
(in million Rupiah)
Consolidated
Balance Sheet with
Published Balance
Consolidation Scope Reference
No. Accounts Sheets
based on Prudential No
Requirements
31 December 2025 31 December 2025
ASSETS
1 Cash 3,657,344 3,657,344
2 Placements with Bank Indonesia 22,909,318 22,909,318
3 Placements with other banks 2,511,741 2,511,741
4 Spot and derivative receivables 773,692 773,692
5 Securities 73,825,959 73,825,959
6 Securities sold under repurchase agreements (repo) 11,639,570 11,639,570
7 Securities purchased under re-sale agreements (reverse repo) 1,000,129 1,000,129
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(in million Rupiah)
Consolidated
Balance Sheet with
Published Balance
Consolidation Scope Reference
No. Accounts Sheets
based on Prudential No
Requirements
31 December 2025 31 December 2025
8 Acceptance receivables 1,937,050 1,937,050
9 Loans 182,589,970 182,589,970
10 Sharia financing 55,718,855 55,718,855
11 Equity investment 24,214 24,214
12 Other financial assets 4,369,627 4,369,627
13 Allowance for impairment in value of financial assets -/ - -
a. Marketable securities (782) (782)
b. Loans and Sharia financing (8,383,385) (8,383,385)
c. Others (2,734) (2,734)
14 Intangible assets 5,244,591 5,244,591 A14
Accumulated amortization of intangible assets -/- (3,215,854) (3,215,854) A14
15 Fixed assets and inventories 9,821,997 9,821,997
Accumulated depreciation of fixed assets and inventories -/-" (2,620,686) (2,620,686)
16 Non-productive assets - -
a. Abandoned properties - -
b. Foreclosed collaterals 462,372 462,372
c. Suspended accounts 131,325 131,325
d. Inter-branch assets 111,356 111,356
17 Other assets 10,193,224 10,193,224 A17
TOTAL ASSETS 372,698,893 372,698,893
LIABILITIES AND EQUITY
LIABILITIES
1 Current account 103,079,287 103,079,287
2 Saving accounts 86,381,232 86,381,232
3 Time deposits 81,062,261 81,062,261
4 Electronic money 146,880 146,880
5 Liabilities to Bank Indonesia - -
6 Liabilities to other Banks 7,366,310 7,366,310
7 Spot and derivative liabilities/forward 598,119 598,119
8 Payables on securities sold under repurchase agreements (repo) 11,514,958 11,514,958
9 Acceptances payables 1,937,050 1,937,050
10 Marketable securities issued 3,685,222 3,685,222
11 Borrowings 4,455,255 4,455,255
12 Security deposits 500,038 500,038
13 Inter office liabilities - -
14 Other liabilities 13,815,098 13,815,098
15 Minority interest 217,326 217,326
TOTAL LIABILITIES 314,759,036 314,759,036
EQUITY
16 Share-in Capital - -
a. Pain in capital 2,900,000 2,900,000 E16a
b. Unpaid Capital -/- (1,287,213) (1,287,213) E16b
c. Treasury stock (2,366) (2,366) E16c
17 Additional Paid-in Capital - -
a. Agio 7,135,019 7,135,019 E17a
b. Disagio -/- - -
c. Funds for paid-up capital - -
d. Other 84,332 84,332 E17d
18 Other comprehensive income - -
a. Gains 5,160,212 5,160,212 E18a
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(in million Rupiah)
Consolidated
Balance Sheet with
Published Balance
Consolidation Scope Reference
No. Accounts Sheets
based on Prudential No
Requirements
31 December 2025 31 December 2025
b. Losses -/- (126,875) (126,875) E18b
19 Reserves - -
a. General reserves 371,525 371,525 E19a
b. Appropriated reserves - -
20 Transaction with non-controlling interest (35,723) (35,723)
21 Gains/losses - -
a. Previous years 40,779,808 40,779,808 E21a
b. Current year 6,876,537 6,876,537 E21b
c. Dividend paid -/- (3,915,399) (3,915,399) E21c
TOTAL EQUITY 57,939,857 57,939,857
TOTAL LIABILITIES AND EQUITY 372,698,893 372,698,893
Table 3.a. CCA - Details of Capital Instrument Features and TLAC Instrument-eligible – SHARES CATEGORY
Bank Name : PT Bank CIMB Niaga Tbk (Consolidated)
Reporting Position : 31 December 2025
Quantitative/Qualitative
No. Description
Information
1 Issuer PT Bank CIMB Niaga Tbk
2 Identification Number BNGA
3 Underlying Law Indonesian Law
3a Tools that enabled the required action on chapter 13 of the Term Sheet (For the legitimate TLAC instrument N/A
that ruled by the foreign law)
Instrument treatment based on CAR
4 During the transition period N/A
5 After transition CET 1
6 Is the instrument eligible for Individual/Group or Group and Individual Group and Individual
7 Type of Instrument Common stock
8 Amount in CAR 8,829,772
9 Par value of instrument Class A: Rp5,000 (full
amount) per share
Class B: Rp50 (full amount)
per share
10 Classification based on financial accounting standard Equity
11 Issuance date Effective statement:
- Initial Public Offering:
02/10/1989
- Limited Public Offering I:
26/09/1992
- Limited Public Offering II:
29/10/1996
- Limited Public Offering III:
04/08/1999
- Limited Public Offering IV:
25/08/2005
- Limited Public Offering V:
03/11/2010
12 Without maturity (perpetual) or with maturity Perpetual
13 Maturity date N/A
14 Execution of a call option with approval from Otoritas Jasa Keuangan N/A
15 Date of call option, withdrawal amount and other requirement call option (if any) N/A
16 Subsequent call option N/A
Coupon/dividend
17 Fixed or floating coupon/dividend Floating
18 The coupon rate or other reference index N/A
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Quantitative/Qualitative
No. Description
Information
19 Any dividend stopper No
20 Fully discretionary; partial or mandatory Mandatory
21 Any step up feature or other incentive No
22 Noncumulative or cumulative Non-cumulative
23 Convertible or non-convertible Non-convertible
24 If convertible, mention the trigger point N/A
25 If convertible, full or partial N/A
26 If convertible, how is the conversion rate N/A
27 If convertible, mandatory or optional N/A
28 If convertible, mention the type of conversion instrument N/A
29 If convertible, mention the issuer of the instrument it converts into N/A
30 Write-down feature No
31 If write-down; mention the trigger N/A
32 f write-down; full or partial N/A
33 If write-down, permanent or temporary N/A
34 If temporary write-down, explain documentation mechanism N/A
34a Subordinated type N/A
35 Instrument hierarchy at the time of liquidation This instrument represents
paid-up capital and is
subordinate to other capital
components.
Available to absorb losses
incurred prior to liquidation
as well as during liquidation.
36 Transition for non-compliant feature No
37 If yes, explain for non-compliant features N/A
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Leverage Ratio
Table 4.a. Quantitative Disclosure – Leverage Ratio
Bank Name : PT Bank CIMB Niaga Tbk (Consolidated)
Reporting Position : 31 December 2025
(in million Rupiah)
No. Description Amount
1 Total Consolidated assets as per published financial statement 381,577,017
2 Adjustment for investments in banking, insurance or commercial entities that are consolidated for accounting purposes -
but outside the scope of regulatory consolidation
3 Adjustment for the value of the underlying group of financial assets that have been transferred in asset securitization -
that meets the sale and balance requirements as regulated in the Financial Services Authority Regulation on the principle
of prudence in asset securitization activities for commercial banks. In the event that the underlying financial assets in
question have been deducted from the total assets in the statement of financial position, the number in this line is 0
(zero)."
4 Adjustment for temporary exemptions of Bank Indonesia reserves (if applicable). -
5 Adjustment for fiduciary assets recognized on balance sheet pursuant to the operative accounting framework but excluded -
from the leverage ratio exposure measure.
6 Adjustments to the purchase or sale value of financial assets on a regular basis using the trading date accounting method (25,846,671)
7 Adjustments to the value of cash pooling transactions that meet the requirements as regulated in these Financial Services -
Authority Regulations
8 Adjustments for derivative transaction exposure. 1,917,441
9 Adjustment for securities financial transactions (ex. Reverse Repo Transactions). 158,656
10 Adjustment for Administrative Account Transaction Exposures (ie. Conversion to credit equivalent amounts of 22,321,594
Administrative Account Transaction Exposures).
11 Adjustment of prudential assessment in the form of capital deduction and Allowance of impairment losses (10,598,581)
12 Other adjustments. -
13 Total Exposure in Leverage Ratio calculation 369,529,457
Table 4.b. Quantitative Disclosure – Leverage Ratio
Bank Name : PT Bank CIMB Niaga Tbk (Consolidated)
Reporting Position : 31 December 2025
(in million Rupiah)
Period
No. Description
December 2025 September 2025
Asset Exposure in Statements of Financial Position
1 On balance sheet items excluding derivatives and SFT's, but including collateral (Gross value before 381,577,017 378,905,667
deducted by Allowance of impairment losses)
2 Re-add value for derivative collateral submitted to the counterparty which results in a decrease in total - -
asset exposure in the balance sheet due to the application of financial accounting standards
3 (Deduction of receivables related to CVM (Cash Variation Margin) provided in derivative transactions) - -
4 (Adjustment for securities received under securities financing transactions that are recognised as an assets) (1,000,129) (729,637)
5 (Allowance of impairment losses for these assets is in accordance with financial accounting standards) (8,413,089) (8,938,655)
6 (Asset amount deducted in determining Basel III Tier 1 Capital and Regulatory adjustment) (28,808,080) (32,789,262)
7 Total on balance sheet exposures (excluding derivatives and SFTs) (sum of rows 1 to 6) 343,355,719 336,448,113
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(in million Rupiah)
Period
No. Description
December 2025 September 2025
Derivative Transaction Exposures
8 Replacement cost associated with all derivatives transaction (where applicable net of eligible cash 1,366,977 1,257,251
variation margin and/or with bilateral netting)
9 Add on amounts for PFE associated with all derivatives transactions 1,326,383 1,130,399
10 (Exceptions for exposure of derivative transactions settled through central counterparty transactions - -
(CCP))
11 Adjusted effective notional amount of credit derivatives - -
12 (Adjusted effective notional offsets and add on deductions for written credit derivatives)" - -
13 Total derivatives exposures (sum of rows 8 to 12) 2,693,360 2,387,651
Securities Financing Transaction (SFT) Exposures
14 Gross SFT assets 12,673,743 1,925,833
15 (Net value of cash payables and cash receivables) (11,514,958) (1,189,256)
16 Credit Risk due to failure counterparties in relation to SFT assets which refers to the calculation of - -
current exposure as stipulated in the Appendix to this Regulation of POJK
17 Agent SFT Exposure - -
18 Total SFT Exposure (sum of rows 14 to 17) 1,158,785 736,577
Other Off-Balance Sheet Exposures
19 Value of all commitment or contingent liabilities 114,311,453 114,203,191
20 Gross value before deduction of Allowance of impairment losses (91,989,859) (92,417,117)
21 (Adjustments to the commitment or contingent liabilities for the conversion of the value of credit - -
equivalent amounts are then reduced by the allowance for impairment losses)
22 (Allowance of impairment losses of administration account transaction according to financial 22,321,594 21,786,074
Capital and Total Exposure
23 Tier 1 Capital 55,655,101 53,992,636
24 Total exposures (sum of rows 7, 13, 18, 22) 369,529,457 361,358,414
Leverage Ratio
25 Leverage ratio (including the impact of any applicable temporary exemption of central bank reserves) 15.06% 14.94%
25a Leverage ratio (excluding the impact of any applicable temporary exemption of central bank reserves) 15.06% 14.94%
26 Minimum Leverage Ratio Value 3.00% 3.00%
27 Applicable Leverage Ratio Buffer N/A N/A
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(in million Rupiah)
Period
No. Description
December 2025 September 2025
Disclosure of Average Values
28 Average value of gross SFT assets, after adjustment for sale accounting transactions and netted of 0.00% 0.00%
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 0.00% 0.00%
amounts of associated cash payables and cash receivables
30 Total Exposure, including the impact of adjustments to the temporary exemption on current account 369.529.457 361.358.414
placements with Bank Indonesia in order to comply with the statutory reserve requirement (if any),
which includes the average value of the gross carrying value of SFT assets as referred to in line 28
30a Total exposures (excluding the impact of any applicable temporary exemption of central Bank reserves) 369.529.457 361.358.414
incorporating average values from row 28 of gross SFT assets (after adjustment for sale accounting
transactions and netted of amounts of associated cash payables and cash receivables)
31 Leverage ratio (including the impact of any applicable temporary exemption of central bank reserves) 15.06% 14.94%
incorporating average value from row 28 of gross SFT assets (after adjustment for sale accounting
transactions and netted of amounts of associated cash payables and cash receivables)
31a Leverage ratio (including the impact of any applicable temporary exemption of central bank reserves) 15.06% 14.94%
incorporating average value from row 28 of gross SFT assets (after adjustment for sale accounting
transactions and netted of amounts of associated cash payables and cash receivables)
Analisis Kualitatif
Leverage Ratio:
CIMB Niaga’s consolidated leverage ratio as of December 2025 (T) was 15.06%, an increase of 0.12% from 14.94% in September 2025 (T-1). This
increase was driven by an increase in core capital of Rp1.7 trillion, primarily driven by an increase in current year profit of Rp1.6 trillion; an
increase in the fixed asset revaluation surplus of Rp0.5 trillion due to the revaluation process by the KJPP; despite a decrease in the potential
gain from the increase in the fair value of available-for-sale financial assets (FVOCI) of Rp0.3 trillion; and a decrease in deferred tax calculations
of Rp83.3 billion, despite an increase in total exposure of Rp8.2 trillion, primarily due to an increase in total asset exposure in the statement
of financial position.
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Highlights Reports Profile Discussion & Analysis Management
Credit Risks
DISCLOSURE OF CREDIT RISK EXPOSURE AND GOVERNANCE
IMPLEMENTATION OF RISK MANAGEMENT CIMB Niaga has established credit risk management
Credit risk refers to the risk of loss due to the failure of structures across all lines, to ensure the Bank’s credit
debtors and/or other parties to repay their liabilities at activities are in line with prudent banking principles,
maturity. Risks associated with credit/financing include applicable regulations, and the Bank’s risk appetite.
debtor failure, concentrated provision of funds (credit/ The implementation of the 3 (three) lines of defense for
financing concentration risk), counterparty credit risk, credit risk involves the relevant business units as first
settlement risk, and risks due to country risk. line, the credit units (transactional scope) and the risk
management units (portfolio scope) as the second line,
Indonesia economic conditions in 2025 tend to be stable. and internal audit as the third line.
However, needs to be closely monitored due to several
factors, including the slowdown in global economic The Board of Commissioners and Board of Directors
growth, US trade policies, geopolitical conflicts, and actively monitors and periodically evaluates the
uncertainties in the Middle East, elections, and various implementation of credit risk management. To support
fiscal policy adjustments that cause economic uncertainty, this, the Bank has established an executive committee
potentially affecting financial conditions and the ability at the Board of Commissioners and Board of Directors’
of debtors to make payments to the Bank. Under such levels.
circumstances, the Bank undertakes forward-looking • The Risk Oversight Committee (ROC) assists the Board
measures to mitigate credit risks, as follows: of Commissioners in collaboration with the Audit
a. Performing effective and well-targeted monitoring Committee and the Nomination and Remuneration
on overall portfolio quality to ensure the quality Committee.
of new debtors, stable portfolio performance, and • At the Board of Directors level, the Bank’s risk
timely intervention as necessary. management and control, including credit risk,
b. Strengthening the early warning process as a are the responsibility of the Risk Management
preventive effort to identify potentially problematic Committee (RMC) and Credit Policy Committee (CPC),
debtors, strengthen collections, and undertake which specifically discuss, review, and approve credit
rescue efforts through the restructuring of debtors in policies. Both executive committees are chaired
accordance with applicable policies. directly by the President Director.
c. Conducting thematic portfolio reviews and stress • At portfolio level, the Bank’s asset quality is closely
tests on debtors who may potentially be impacted by monitored each month by the Risk Management
fluctuating macroeconomic conditions. Committee (RMC) through a review of loan portfolio
d. Strict monitoring of affected debtors by maintaining reports and various risk indicators and trends.
the debtors Watch List, supported by risk The RMC also establishes and approves various
infrastructure enhancements to automate monitoring frameworks related to the Bank’s concentration risk
processes for determined action plans. management.
e. Managing the impact on credit provisions, including • At transactional level, authority to approve credit
using loss forecasts as input to management and is granted to the Credit Committee, specifically the
business units. Executive Credit Committee (ECC), and also in the
f. Maintaining the quality of credit provided by managing form of Joint Delegated Authority (JDA) or Single
the portfolio based on industry, and developing Risk Limit Holder. This credit committee is composed of
Acceptance Criteria (RAC) as a guide for the credit the Board of Directors and Senior Management, with
provided. specific authority limits set according to the Bank’s
g. Providing adequate and structured trainings for Risk Appetite.
Business Units and Credit Units to ensure sufficient • In terms of credit quality supervision, the Bank has an
knowledge on the credit process. Asset Quality Committee (AQC), which is responsible
for providing approval for the classification/severity
level of debtors and direction for handling or resolving
non-performing loans.
The Risk Management Director is responsible for risk
management at both the transactional and portfolio
levels, including the management/administration of
credit policies and risk exposure limits.
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In managing risk, the Risk Management Director 7. Credit Assurance Testing Unit, which covers non-
supervises the Credit Approver Unit, which manages risk retail loans, is assigned with reviewing and providing
at the transactional level for commercial and corporate reports on new and existing customers based on
segments, as well as the Risk Management Unit (RMU), risk-based sampling regarding the feasibility of the
which manages credit risk on a portfolio basis through loan initiation, analysis, approval, and bookkeeping
regular Portfolio Quality Reviews (PQR) meetings. In process, as well as ensuring compliance with internal
addition, the RMU is responsible for facilitating the active and external regulations has been fulfilled, and also
monitoring function of the Board of Commissioners and proper and comprehensive monitoring of debtors has
Board of Directors on credit risk through the following: been made available. This unit consistently provides
1. Coordinating Risk Management Strategy, Risk recommendations for improving the credit process to
Management Policy, Risk Appetite, and Risk Limits for ensure improvements are carried out thoroughly.
credit risk. 8. The Non-Performing Loan Resolution Unit is assigned
2. Monitoring the implementation of Strategies, Policies, to perform the necessary process to manage non-
Appetites, and Limits related to credit risks. performing loans for the non-retail segment, such as
3. Development and enhancement of the Credit Risk collection, restructuring, and litigation efforts.
Management Framework related to credit risks.
4. Credit model development and validation. POLICIES, PROCEDURES, AND
5. Reviewing approved credit proposals. ESTABLISHMENT OF LIMITS
CIMB Niaga has established credit policies as that serve
In addition to RMU, below is a list of other organizational as guidelines for the credit process for both conventional
units or processes that manage credit risk in their and sharia schemes through the Commercial Credit Core
respective lines: Policy and the Commercial Sharia Financing Core Policy.
1. Business units, both retail and non-retail, prepare a The implementation of these policies is elaborated
loan application by including a feasibility analysis of further in the Commercial Credit Policy and the
the prospective debtor. Commercial Sharia Financing Policy, as well as in various
2. For retail loans (consumer), the analysis/review, detailed procedures that guide the Bank in extending
approval, and bookkeeping processes are carried credit in accordance with the prudential principles. The
out by the Consumer Credit Underwriting unit, while Non-Retail Credit Policy Unit collaborates with business
non-performing loans are handled by the Consumer units and other relevant stakeholders to conduct periodic
Collection and Recovery unit. This unit is under the reviews of credit policies and procedures.
Consumer Banking Directorate. However, in carrying
out its functions, the unit is restricted by the policies, The Bank has determined risk limit threshold to ensure
risk strategies, and credit models determined by the credit risk exposures are in line with Risk Appetite. These
RMU unit. limits include credit decision-making authority limits
3. For non-retail loans, the process of analysis is based on decision-making competencies and risk levels.
performed by each Business Unit and reviewed by
the Credit Unit (Credit Approver), and approval is In addition, the Bank also has policies and methodologies
obtained from the credit approver. Furthermore, the to monitor and manage credit risk portfolios, including
Credit Administration Unit handles the loan booking credit concentration risk, through the House Limit
process. framework, Sector Appetite (Growth, Neutral, and
4. Credit Approvers may be structured as a Committee, Cautious), Global Country Limit, Risk Posture, and
Joint Delegated Authority (JDA), or Single Limit Holder Exposure Limit Review (ELR), which are carried out
whose members are either Directors and/or Senior regularly and periodically. In managing sectoral and
Management and/or Bank Officers that are appointed counterparty concentration risk, the Bank applies a
and responsible for providing credit approval robust and reliable framework, that includes annual
decisions with their delegated authority limits, the monitoring of sector and counterparty limits, monthly
associated risk level, their respective competencies. risk reporting, and real-time monitoring to prevent any
5. Decision-making is conducted appropriately, in breach to the credit limits.
alignment with prudential principle, the Bank’s Risk
Appetite, and efforts to prevent conflicts of interest.
6. The Credit Administration Unit is responsible for
administering loan facilities after obtaining approval
from the Credit Approver, completing the legally
binding agreement with support from Legal Unit.
The Credit Administration Unit must ensure that all
credit documentations comply with the stipulated
requirements.
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RISK MANAGEMENT PROCESS selecting debtors in certain sectors according
to the Risk Appetite.
1. Credit Risk Measurement e. Thematic Review, is a review process for
The Bank assesses credit risk based on debtors who are exposed to the thematic risk,
creditworthiness or the quality of customer assets. in this case, the volatility of macroeconomic
The measures currently adopted by the Bank in indicators.
determining creditworthiness are as follows:
a. The debtor’s payment timeliness status The Bank’s monitoring and control
(delinquency) is one of the considerations in mechanisms on transactional level may take
determining collectability status. the following form:
b. Watch List Accounts are classified based on (i) adjustments to account planning and
the debtor’s severity level before the debtor is credit terms;
categorized as Impaired Accounts. (ii) early restructuring proposals;
c. Internal ratings/scorings: currently, the Bank has (iii) specific follow-up requests to debtors,
implemented the ICRES (Internal Credit Rating and/or;
System) system for internal rating models for (iv) adjustments to the required amount of
non-retail customers and the CRDE (Centralized credit loss provisions.
Retail Decision Engine) system for internal model
scoring implementation for retail customers, B. Portfolio Level
as an effort to enhance the risk measurement a. Risk Appetite Statement Monitoring, the
process for both new and existing customers. monitoring of major credit risk indicators
bank-wide, in order to ensure compliance with
Creditworthiness and the quality of credit risk the appetite that has been established and
mitigation serve as the basis for estimating the reported monthly to the ROC.
allowance for impairment losses. Credit risk b. Risk Profile, a general description of risk
is recognized as losses (credit loss) when non- conditions based on indicators determined
performing loans are deemed irrecoverable, resulting by the regulator (inherent and Quality of Risk
in either partial or full write-off. Management Implementation).
c. Risk Report, a report containing the results of
2. Credit Risk Monitoring and Control monitoring and analysis of credit portfolios,
A. Transactional Level which includes (i) a general description of
a. Annual Review, is a mechanism for periodic the composition, level of concentration, and
credit facility review, conducted at least quality of assets/loan portfolios, (ii) movement
once a year, to identify whether the debtor’s trends, and (iii) areas that require attention
creditworthiness remains consistent with the from the Board of Directors. Risk Reports
conditions at the time the credit was originally are reported every month to RMC and every
granted. quarter to ROC in order to facilitate the credit
b. Early Warning & Review Checklist (EWRC) is risk management function by the Board of
an identification of a debtor’s potential credit Directors and supervision of risk management
risk based on several parameters, including by the Board of Commissioners.
business prospects, financial condition, and d. The portfolio Quality Review (PQR), a monthly
other factors that may affect the debtor’s report that analyzes portfolio credit risk by
repayment ability. The combination of business segment. It identifies portfolio growth
assessing the risk level of all parameters and formulates action plans for maintaining/
determine the debtor’s asset quality status, improving asset quality by related business
such as non-watch list or watch list. units.
c. Sector Appetite (Cautious), which affects e. House Limit Monitoring, Sector Limit
business processes by requiring all credit Monitoring, Global Country Limit Monitoring,
proposals for sectors with Cautious appetite and Risk Posture Tracking, which have been
to obtain approval one level above the disclosed in the previous section, are used
applicable JDA, with minimum approval at the to monitor the conformity conditions and
JDA level A. movements of the credit portfolio to the
d. Sector Risk Acceptance Criteria (RAC), is the predetermined limits.
criteria adopted as a pre-screening tool in
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f. Asset Quality and Provision Forecast, to DEFINITION OF CREDIT IMPAIRMENT
forecast the level and magnitude of asset Past due receivables refers to all receivables that have
quality and credit provisions based on been overdue for more than 90 (ninety) days, both for
historical data. principal and/or interest payments. Impaired receivables
g. Credit Risk Stress Tests are conducted at least are determined based on financial assets or groups of
2 (two) times a year to estimate credit risk financial assets when, and only when, there is objective
exposure and the potential deterioration in evidence of impairment resulting from one or more loss
credit quality under various stress conditions events that occurred after the initial recognition of the
or scenarios. In 2025, the Bank conducted asset (a loss event), which has an adverse impact on
several thematic stress tests to anticipate the estimated future cash flows of the financial asset or
the impact of fluctuating macroeconomic group of financial assets and can be reliably measured.
conditions on the Bank’s credit risk profile.
Performing assets are those that are both Current and
The objective of various credit portfolio monitoring Special Mentions. Furthermore, non-performing assets
methods mentioned above is to identify early are those that are Substandard, Doubtful, or Bad.
signs of deterioration so that necessary credit risk The Bank has a separate policy for commercial and
control measures can be taken, such as adjusting retail credit to define the criteria for performing and
strategy, policy, appetite, or credit risk exposure non-performing loans. Aside from that, the Bank also
limits, as well as ensuring the adequacy of Bank’s performs restructuring of non-performing loans for
provisions and capital for managing credit risk. debtors that still possess business prospects, the ability
to pay, and the willingness to cooperate.
CIMB Niaga has developed the Business
Intelligence (BI) tools to facilitate providing The criteria adopted by CIMB Niaga to determine
the management both high-level and detailed objective evidence of impairment include the following:
information pertaining to credit risk indicators, a. Significant financial difficulties experienced by the
for a more effective and efficient risk reporting issuer or borrower.
and monitoring process, enabling timely and b. The occurrence of defaults or delinquencies in
better risk management strategies and decision- principal or interest payments.
making process. c. Observable data that indicates a measurable
decrease in the estimated future cash flows of a
INTERNAL CONTROL group of financial assets since the initial recognition
CIMB Niaga has established an internal control system of the asset, even though the decline cannot yet be
for credit risk management that includes regular identified individually within the asset group, including
oversight by the Board of Commissioners and the Board worsening of the payment status of borrowers in the
of Directors, as well as a strong control culture embedded group.
across all business lines. The Bank maintains a system d. Loss of an active market for a financial asset due to
for identifying and assessing credit risk, as well as control financial difficulties.
activities with clear segregation of duties in managing
risk. APPROACH FOR IMPAIRMENT PROVISION
The allowance for impairment losses is calculated based
Credit risk exposure is monitored on a regular basis, on the financial accounting standard PSAK 71 “Financial
and corrective actions are taken promptly to ensure Instruments” by using the term Expected Credit Loss
that credit risk remains within the Bank’s risk tolerance (ECL).
threshold. In case of deviations, the Bank takes the
necessary steps to recover to normal conditions through
a process involving Senior Management or the relevant
executive committee, depending on the scale of the
deviation.
RMU and IAU review the credit risk control system
in accordance with the applicable Risk Management
Policy. Additionally, regular internal checks are carried
out by Internal Audit and followed up by related units.
Furthermore, to improve the risk control process, the
Bank established an anti-fraud unit, which aims to
increase risk awareness related to the Bank’s business
processes.
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The following method calculates ECL based on PSAK 71:
Stage 1 Stage 2 Stage 3
• For financial assets that have • For financial assets that have • For impaired/defaulted financial
not had a significant increase had a Significant Increase assets (assets that are at least
in credit risk (SICR) since initial Credit Risk (SICR) since initial 90 days past due on principal
recognition or that have low recognition but do not yet and/or interest or have a specific
credit risk at the reporting date. have objective evidence of rating).
• ECL calculation is carried out impairment • ECL calculation is performed
using collective assessment on • the ECL calculation is carried out over the life of the asset using
a 12-month basis. over the life of the asset using a individual assessment (for
collective assessment. material exposures) or using
collective assessment (for
exposures that are not calculated
using individual assessment).
The ECL calculation/measurement method is as follows:
1 2
Individual Assessment: Collective Assessment: calculated based on Probability of Default (PD), Loss
is calculated based on the present Given Default (LGD), and Exposure at Default (EAD).
value of future cash flows expected • PD is calibrated to a period of 12 months from the reporting date (stage 1) or
to be received and the present over the life (stages 2 and 3) and incorporates the impact of future economic
value of the liquidation value of assumptions that involve credit risk.
the collateral minus selling costs. • LGD is estimated based on historical data of cure rates and takes into
account recoveries derived from collateral against financial assets including
haircuts taking into account future economic assumptions.
• EAD incorporates the impact of committed facility drawdowns, principal
and interest payments, amortization and accelerated repayment, together
with the impact of future economic assumptions where relevant. EAD
is determined by several factors including the lending limit and credit
conversion factor (CCF).
The ECL calculation/measurement methodology in PSAK 71 has not been applied to sharia-based transactions. This is
emphasized by ISAK (Interpretation of Financial Accounting Standards) 102, which stated that entities are not allowed
to change their current impairment accounting policy (specifically murabahah receivables), including the prohibition on
applying the impairment methodology outlined in PSAK 71, which uses expected loss, until the issuance of financial
reporting standard that governs the impairment on assets originating from sharia-based transactions.
296 PT BANK CIMB NIAGA TBK 2025 Annual Report
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QUANTITATIVE DISCLOSURE OF CREDIT RISKS
Table 5.a. Disclosure of Credit Quality on Assets (CR1)
i. Bank Only (in million Rupiah)
Posted Gross Value Provisions
Provisions Net Value
Past Due Non-Past Due Provisions Stage 2 and Stage 1 (IRB Approach) (a+b-c)
Receivables Receivables Stage 3
a b c d e f g
1 Loans 4,081,274 224,303,513 8,053,555 6,803,332 1,250,223 220,331,232
2 Securities - 84,965,989 782 - 782 84,965,207
3 Administrative 279,956 114,031,497 120,229 31,390 88,839 114,191,224
Account
Transactions
4 Total 4,361,230 423,300,999 8,174,566 6,834,722 1,339,844 419,487,663
ii. Bank Consolidated with Subsidiaries (in million Rupiah)
Posted Gross Value Provisions
Provisions Provisions Net Value
Past Due Non-Past Due Stage 2 and Stage 1 (IRB Approach) (a+b-c)
Receivables Receivables Stage 3
a b c d e f g
1 Loans 4,279,611 234,029,214 8,383,385 6,942,564 1,440,821 229,925,440
2 Securities - 85,465,529 782 - 782 85,464,747
3 Administrative 279,956 114,031,497 120,229 31,390 88,839 114,191,224
Account
Transactions
4 Total 4,559,567 433,526,240 8,504,396 6,973,954 1,530,442 429,581,411
Table 5.b. Disclosure of Past Due Loans and Securities Movement (CR2)
i. Bank Only (in million Rupiah)
a
1 Loans and Securities that have matured in the previous reporting period 3,895,876
2 Loans and Securities that have matured since the previous reporting period 3,280,059
3 Loans and Securities becoming receivables that have not matured (2,547,353)
4 Write-Off Value (2,942,600)
5 Other changes 2,395,292
6 Loans and Securities that have Matured at the end of the reporting period (1+2+3+4+5) 4,081,274
ii. Bank Consolidated with Subsidiaries (in million Rupiah)
a
1 Loans and Securities that have matured in the previous reporting period 3,994,746
2 Loans and Securities that have matured since the previous reporting period 3,989,329
3 Loans and Securities becoming receivables that have not matured (2,570,781)
4 Write-Off Value (3,333,734)
5 Other changes 2,200,051
6 Loans and Securities that have Matured at the end of the reporting period (1+2+3+4+5) 4,279,611
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Table 5.c. Additional Disclosure relating to Loan Quality on Asset (CRB) – Disclosure of Net Claims Based on Region
i. Bank Only
31 December 2025
No. Portfolio Category Net Receivables Based on Region
Jabodetabek West Java Central Java East Java Sumatera
a b c d e f g
1 Claims on Government 76,849,399 - - - -
2 Claims on Public Sector Entities 6,812,704 914,880 - 1,175,792 1,491,313
3 Claims on Multilateral Development Banks and - - - - -
International Institutions
4 Claims on Banks 9,270,225 96,509 104,250 188,513 1,158,961
5 Claims in Covered Bonds - - - - -
6 Claims on Securities Companies and Other Financial Service 17,481,409 - - - 152,298
Institutions
7 Claims in Subordinated Securities, Equity, and Other Capital 23,373 - - - -
Instruments
8 Loans Secured by Residential Properties 27,323,106 3,553,301 1,841,242 4,900,667 5,841,953
9 Loans Secured by Commercial Properties 13,144,592 3,150,410 2,396,568 3,030,933 5,102,220
10 Land Acquisition, Land Processing, and/or Construction Loans - - - - -
11 Employee/Retiree Loans - - - - -
12 Claims on Micro, Small Business, and Retail Portfolio 23,589,965 1,713,796 2,020,433 2,828,732 3,232,371
13 Claims on Corporations 70,253,688 6,372,454 6,158,232 8,627,608 11,478,613
14 Past Due Loans 1,189,517 169,713 159,500 206,777 304,856
15 Other Assets 13,772,602 870,522 644,519 628,687 540,646
Total 259,710,579 16,841,586 13,324,744 21,587,709 29,303,230
ii. Bank Consolidated with Subsidiaries
31 December 2025
No. Portfolio Category Net Receivables Based on Region
Jabodetabek West Java Central Java East Java Sumatera
a b c d e f g
1 Claims on Government 76,849,399 - - - -
2 Claims on Public Sector Entities 6,812,704 914,880 - 1,175,792 1,491,313
3 Claims on Multilateral Development Banks and - - - - -
International Institutions
4 Claims on Banks 9,450,468 96,509 104,250 188,513 1,158,961
5 Claims in Covered Bonds - - - - -
6 Claims on Securities Companies and Other Financial Service 17,481,409 - - - 152,298
Institutions
7 Claims in Subordinated Securities, Equity, and Other Capital 23,373 - - - -
Instruments
8 Loans Secured by Residential Properties 27,323,106 3,553,301 1,841,242 4,900,667 5,841,953
9 Loans Secured by Commercial Properties 13,144,592 3,150,410 2,396,568 3,030,933 5,102,220
10 Land Acquisition, Land Processing, and/or Construction Loans - - - - -
11 Employee/Retiree Loans - - - - -
12 Claims on Micro, Small Business, and Retail Portfolio 27,299,661 2,785,855 2,644,698 3,354,524 4,463,558
13 Claims on Corporations 70,525,636 6,426,756 6,172,269 8,642,771 11,500,347
14 Past Due Loans 1,224,626 187,646 172,308 217,748 321,244
15 Other Assets 14,831,828 870,522 644,519 628,687 540,646
Total 264,966,801 17,985,880 13,975,854 22,139,635 30,572,540
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(in million Rupiah)
31 December 2024
Net Receivables Based on Region
East Indonesia Total Jabodetabek West Java Central Java East Java Sumatera East Indonesia Total
h i j k l m n o p
- 76,849,399 80,394,644 - - - - - 80,394,644
- 10,394,690 6,515,130 931,886 - 1,188,398 1,715,090 - 10,350,504
- - - - - - - - -
1,465,203 12,283,661 7,746,839 130,964 127,696 129,692 1,181,441 1,290,146 10,606,776
- - - - - - - - -
- 17,633,707 13,723,102 - - - 107,306 - 13,830,407
- 23,373 23,373 - - - - - 23,373
2,408,877 45,869,146 27,989,589 3,392,238 1,922,329 4,796,021 5,510,342 2,437,458 46,047,978
3,664,450 30,489,173 13,468,145 3,434,939 2,614,813 3,070,081 4,916,440 3,462,163 30,966,581
- - - - - - - - -
- - - - - - - - -
2,822,085 36,207,382 21,950,569 2,035,012 2,018,942 2,838,418 2,974,078 2,852,615 34,669,633
8,041,664 110,932,260 67,625,607 6,041,972 5,053,342 7,666,053 10,333,972 6,834,182 103,555,129
165,987 2,196,349 1,014,443 161,871 143,286 225,641 289,146 177,677 2,012,064
640,462 17,097,437 14,065,110 722,415 1,038,377 548,075 478,333 602,410 17,454,720
19,208,727 359,976,576 254,516,551 16,851,297 12,918,784 20,462,378 27,506,148 17,656,651 349,911,809
(in million Rupiah)
31 December 2024
Net Receivables Based on Region
East Indonesia Total Jabodetabek West Java Central Java East Java Sumatera East Indonesia Total
h i j k l m n o p
- 76,849,399 80,870,220 - - - - - 80,870,220
- 10,394,690 6,515,130 931,886 - 1,188,398 1,715,090 - 10,350,504
- - - - - - - - -
1,465,203 12,463,904 7,808,252 130,964 127,696 129,692 1,181,441 1,290,146 10,668,190
- - - - - - - - -
- 17,633,707 13,723,102 - - - 107,306 - 13,830,407
- 23,373 23,373 - - - - - 23,373
2,408,877 45,869,146 27,989,589 3,392,238 1,922,329 4,796,021 5,510,342 2,437,458 46,047,978
3,664,450 30,489,173 13,468,145 3,434,939 2,614,813 3,070,081 4,916,440 3,462,163 30,966,581
- - - - - - - - -
- - - - - - - - -
4,838,132 45,386,428 25,353,999 3,086,031 2,716,750 3,434,192 4,280,425 4,620,674 43,492,070
8,093,395 111,361,174 67,823,382 6,082,475 5,060,358 7,675,481 10,344,957 6,872,595 103,859,248
184,926 2,308,499 1,034,040 176,882 149,293 235,329 298,476 181,810 2,075,829
640,462 18,156,663 14,976,852 722,415 1,038,377 548,075 478,333 602,410 18,366,462
21,295,445 370,936,155 259,586,084 17,957,830 13,629,615 21,077,267 28,832,809 19,467,255 360,550,861
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Table 5.d. Additional Disclosure relating to Loan Quality on Asset (CRB) – Disclosure of Net Claims Based on Economic Sector
i. Bank Only
Receivables Receivables
From
Receivables From Securities
Receivables Receivables Multilateral Receivables Companies
No. Economic Sector From From Public Development from Banks From Covered and Other
Government Sector Entities Banks and Bonds Financial Service
International Institutions
Institutions
a b c d e f g h
31 December 2025
1 Agriculture, Forestry, and Fisheries - - - - - -
2 Mining and Excavation - - - - - -
3 Manufacturing - 1,904,594 - - - -
4 Electricity, Gas, Steam/Hot and Cold - 4,915,443 - - - -
Water
5 Water Management, Waste Water - - - - - -
Management, Waste Management
and Recycling
6 Construction - 2,285,325 - - - -
7 Wholesale and Retail Trading; Car - - - - - -
and Motorcycle Reparation and
Maintenance
8 Transport and Warehouse - 186,079 - - - -
9 Accommodation and Supply of Food - - - - - -
and Beverages
10 Information and Communication - - - - - -
11 Finance and Insurance Activities 1,639,898 100,046 - 3,514,038 - 11,798,445
12 Real Estate - - - - - -
13 Professional, Scientific, and Technical - - - - - -
Activities
14 Rental and Leasing Activities without - - - - - -
Option Rights, Employment, Travel
Agencies, and Other Business
Support
15 Government Administration, - - - - - -
Defence, and Mandatory Social
Security
16 Education - - - - - -
17 Human Health Activities and Social - - - - - -
Activities
18 Arts, Entertainment, and Recreation - - - - - -
19 Other Service Activities - - - - - -
20 Household Activities as Employer; - - - - - -
Activities that Produce Goods and
Services by Households that are Used
to Meet Own Needs
21 Activities of International Agencies - - - - - -
and Other Extra International
Agencies
22 Households - - - - - -
23 Non-Business Activities - - - 562 - 3,989
24 Others 75,209,500 1,003,203 - 8,769,060 - 5,831,273
Total 76,849,399 10,394,690 - 12,283,661 - 17,633,707
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(in million Rupiah)
Receivables Land
From Acquisition, Receivables
Subordinated Loans Secured Loans Secured Land From Micro, Receivables
Employee/ Small
Securities, by Residential by Commercial Development, Business, From Past Due Loans Other Assets
Retiree Loans
Equity, and Properties Properties and/or and Retail Corporations
Other Capital Construction Portfolio
Instruments Loan
i j k l m n o p q
- 79,134 1,764,580 - - 905,809 9,976,771 2,038 -
- 6,109 40,877 - - 16,855 7,291,540 5,034 -
- 1,484,076 6,698,309 - - 1,521,524 35,841,102 188,118 -
- 4,709 4,430 - - 13,249 193,657 4,367 -
- 37,502 44,384 - - 1,698 89,119 4,390 -
- 555,061 601,014 - - 425,277 2,800,274 40,001 -
- 4,640,071 10,368,312 - - 3,178,709 19,538,891 418,405 -
- 351,600 1,281,043 - - 235,906 2,542,700 17,476 -
- 79,488 1,319,242 - - 89,902 1,050,836 24,499 -
- 199,365 381,241 - - 91,706 11,923,109 1,800 -
- - - - - 491,846 609,163 60 -
- 334,660 3,406,698 - - 108,401 4,046,180 79,355 -
- 425,837 536,469 - - 253,480 469,880 11,725 -
- 110,577 345,675 - - 70,126 1,234,046 1,364 -
- - - - - - - - -
- 52,539 64,466 - - 34,475 19,986 - -
- 59,089 110,265 - - 44,786 1,481,743 138 -
- - - - - - - - -
- 34,401 47,718 - - 33,926 1,408,222 - -
- 8,487 - - - 2,247 - 1,501 -
- - - - - - - - -
- 37,406,442 3,474,451 - - 16,754,294 2,420 1,231,786 -
- - - - - 11,644,410 100,568 164,292 -
23,373 - - - - 288,757 10,312,051 - 17,097,437
23,373 45,869,146 30,489,173 - - 36,207,382 110,932,260 2,196,349 17,097,437
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Receivables Receivables
From
Receivables From Securities
Receivables Receivables Multilateral Receivables Companies
No. Economic Sector From From Public Development From Covered
from Banks and Other
Government Sector Entities Banks and Bonds Financial Service
International Institutions
Institutions
a b c d e f g h
31 December 2024
1 Agriculture, Forestry, and Fisheries - - - - - -
2 Mining and Excavation - - - - - -
3 Manufacturing - 1,787,304 - - - -
4 Electricity, Gas, Steam/Hot and Cold - 5,255,476 - - - -
Water
5 Water Management, Waste Water - - - - - -
Management, Waste Management
and Recycling
6 Construction - 1,865,770 - - - -
7 Wholesale and Retail Trading; Car - - - - - -
and Motorcycle Reparation and
Maintenance
8 Transport and Warehouse - 332,980 - - - -
9 Accommodation and Supply of Food - - - - - -
and Beverages
10 Information and Communication - 43,483 - - - -
11 Finance and Insurance Activities 973,484 70,095 - 3,190,421 - 9,582,772
12 Real Estate - - - - - -
13 Professional, Scientific, and Technical - - - - - -
Activities
14 Rental and Leasing Activities without - - - - - -
Option Rights, Employment, Travel
Agencies, and Other Business
Support
15 Government Administration, - - - - - -
Defence, and Mandatory Social
Security
16 Education - - - - - -
17 Human Health Activities and Social - - - - - -
Activities
18 Arts, Entertainment, and Recreation - - - - - -
19 Other Service Activities - - - - - -
20 Household Activities as Employer; - - - - - -
Activities that Produce Goods and
Services by Households that are Used
to Meet Own Needs
21 Activities of International Agencies - - - - - -
and Other Extra International
Agencies
22 Households - - - - - -
23 Non-Business Activities - - - 115 - 3,567
24 Others 79,421,159 995,396 - 7,416,240 - 4,244,068
Total 80,394,644 10,350,504 - 10,606,776 - 13,830,407
302 PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 301
Supporting Business Corporate Corporate Social Other Financial
Report Governance Responsibilities Corporate Data Statement
(in million Rupiah)
Receivables Land
From Acquisition, Receivables
Subordinated Loans Secured Loans Secured Land From Micro, Receivables
Employee/ Small
Securities, by Residential by Commercial Development, Business, From Past Due Loans Other Assets
Retiree Loans
Equity, and Properties Properties and/or and Retail Corporations
Other Capital Construction Portfolio
Instruments Loan
i j k l m n o p q
- 87,382 1,932,494 - - 1,289,523 11,442,058 22,311 -
- 8,893 22,252 - - 125,078 9,169,756 - -
- 1,474,003 6,825,825 - - 1,526,949 31,000,049 152,637 -
- 6,029 5,619 - - 12,813 155,936 - -
- 43,307 24,368 - - 1,504 31,238 10,320 -
- 508,060 637,692 - - 283,172 3,761,268 23,204 -
- 4,441,265 10,349,543 - - 3,328,860 14,918,487 474,693 -
- 354,575 1,288,350 - - 207,749 2,560,204 27,841 -
- 101,624 1,554,651 - - 93,297 1,290,821 52,961 -
- 264,658 448,207 - - 89,039 9,160,237 8,821 -
- - - - - 823,845 84,216 223 -
- 404,848 3,439,517 - - 135,318 5,049,546 123,569 -
- 340,497 558,668 - - 173,780 959,924 13,519 -
- 97,418 391,515 - - 93,368 1,685,106 933 -
- - - - - - - - -
- 70,887 73,039 - - 16,372 - - -
- 57,180 298,116 - - 38,446 1,251,725 - -
- - - - - - - - -
- 56,736 36,542 - - 29,191 107,267 4,035 -
- 15,646 5,957 - - 876 - 1,501 -
- - - - - - - - -
- 37,714,840 3,074,226 - - 14,693,767 11,016 996,054 -
- 130 - - - 11,404,703 94,622 99,440 -
23,373 - - - - 301,982 10,821,653 - 17,454,720
23,373 46,047,978 30,966,581 - - 34,669,633 103,555,129 2,012,064 17,454,720
PT BANK CIMB NIAGA TBK 2025 Annual Report 303
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Performance Management Company Management Risk
Highlights Reports Profile Discussion & Analysis Management
ii. Bank Consolidated with Subsidiaries
Receivables Receivables
From
Receivables From Securities
Receivables Receivables Multilateral Receivables Companies
No. Economic Sector From From Public Development from Banks From Covered and Other
Government Sector Entities Banks and Bonds Financial Service
International Institutions
Institutions
a b c d e f g h
31 December 2025
1 Agriculture, Forestry, and Fisheries - - - - - -
2 Mining and Excavation - - - - - -
3 Manufacturing - 1,904,594 - - - -
4 Electricity, Gas, Steam/Hot and Cold - 4,915,443 - - - -
Water
5 Water Management, Waste Water - - - - - -
Management, Waste Management
and Recycling
6 Construction - 2,285,325 - - - -
7 Wholesale and Retail Trading; Car - - - - - -
and Motorcycle Reparation and
Maintenance
8 Transport and Warehouse - 186,079 - - - -
9 Accommodation and Supply of Food - - - - - -
and Beverages
10 Information and Communication - - - - - -
11 Finance and Insurance Activities 1,639,898 100,046 - 3,514,038 - 11,798,445
12 Real Estate - - - - - -
13 Professional, Scientific, and Technical - - - - - -
Activities
14 Rental and Leasing Activities without - - - - - -
Option Rights, Employment, Travel
Agencies, and Other Business
Support
15 Government Administration, - - - - - -
Defence, and Mandatory Social
Security
16 Education - - - - - -
17 Human Health Activities and Social - - - - - -
Activities
18 Arts, Entertainment, and Recreation - - - - - -
19 Other Service Activities - - - - - -
20 Household Activities as Employer; - - - - - -
Activities that Produce Goods and
Services by Households that are Used
to Meet Own Needs
21 Activities of International Agencies - - - - - -
and Other Extra International
Agencies
22 Households - - - - - -
23 Non-Business Activities - - - 562 - 3,989
24 Others 75,209,500 1,003,203 - 8,949,303 - 5,831,273
Total 76,849,399 10,394,690 - 12,463,904 - 17,633,707
304 PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 303
Supporting Business Corporate Corporate Social Other Financial
Report Governance Responsibilities Corporate Data Statement
(in million Rupiah)
Receivables Land
From Acquisition, Receivables
Subordinated Loans Secured Loans Secured Land From Micro, Receivables
Employee/ Small
Securities, by Residential by Commercial Development, Business, From Past Due Loans Other Assets
Retiree Loans
Equity, and Properties Properties and/or and Retail Corporations
Other Capital Construction Portfolio
Instruments Loan
i j k l m n o p q
- 79,134 1,764,580 - - 905,809 9,976,771 2,038 -
- 6,109 40,877 - - 16,855 7,291,540 5,034 -
- 1,484,076 6,698,309 - - 1,521,524 35,841,102 188,118 -
- 4,709 4,430 - - 13,249 193,657 4,367 -
- 37,502 44,384 - - 1,698 89,119 4,390 -
- 555,061 601,014 - - 425,277 2,800,274 40,001 -
- 4,640,071 10,368,312 - - 3,178,709 19,538,891 418,405 -
- 351,600 1,281,043 - - 235,906 2,542,700 17,476 -
- 79,488 1,319,242 - - 89,902 1,050,836 24,499 -
- 199,365 381,241 - - 91,706 11,923,109 1,800 -
- - - - - 491,846 609,163 60 -
- 334,660 3,406,698 - - 108,401 4,046,180 79,355 -
- 425,837 536,469 - - 253,480 469,880 11,725 -
- 110,577 345,675 - - 70,126 1,234,046 1,364 -
- - - - - - - - -
- 52,539 64,466 - - 34,475 19,986 - -
- 59,089 110,265 - - 44,786 1,481,743 138 -
- - - - - - - - -
- 34,401 47,718 - - 33,926 1,408,222 - -
- 8,487 - - - 2,247 - 1,501 -
- - - - - - - - -
- 37,406,442 3,474,451 - - 25,933,339 431,334 1,343,936 -
- - - - - 11,644,410 100,568 164,292 -
23,373 - - - - 288,757 10,312,051 - 18,156,663
23,373 45,869,146 30,489,173 - - 45,386,428 111,361,174 2,308,499 18,156,663
PT BANK CIMB NIAGA TBK 2025 Annual Report 305
Page 304
Performance Management Company Management Risk
Highlights Reports Profile Discussion & Analysis Management
Receivables Receivables
From
Receivables From Securities
Receivables Receivables Multilateral Receivables Companies
No. Economic Sector From From Public Development From Covered
from Banks and Other
Government Sector Entities Banks and Bonds Financial Service
International Institutions
Institutions
a b c d e f g h
31 December 2024
1 Agriculture, Forestry, and Fisheries - - - - - -
2 Mining and Excavation - - - - - -
3 Manufacturing - 1,787,304 - - - -
4 Electricity, Gas, Steam/Hot and Cold - 5,255,476 - - - -
Water
5 Water Management, Waste Water - - - - - -
Management, Waste Management
and Recycling
6 Construction - 1,865,770 - - - -
7 Wholesale and Retail Trading; Car - - - - - -
and Motorcycle Reparation and
Maintenance
8 Transport and Warehouse - 332,980 - - - -
9 Accommodation and Supply of Food - - - - - -
and Beverages
10 Information and Communication - 43,483 - - - -
11 Finance and Insurance Activities 973,484 70,095 - 3,190,421 - 9,582,772
12 Real Estate - - - - - -
13 Professional, Scientific, and Technical - - - - - -
Activities
14 Rental and Leasing Activities without - - - - - -
Option Rights, Employment, Travel
Agencies, and Other Business
Support
15 Government Administration, - - - - - -
Defence, and Mandatory Social
Security
16 Education - - - - - -
17 Human Health Activities and Social - - - - - -
Activities
18 Arts, Entertainment, and Recreation - - - - - -
19 Other Service Activities - - - - - -
20 Household Activities as Employer; - - - - - -
Activities that Produce Goods and
Services by Households that are Used
to Meet Own Needs
21 Activities of International Agencies - - - - - -
and Other Extra International
Agencies
22 Households - - - - - -
23 Non-Business Activities - - - 115 - 3,567
24 Others 79,896,735 995,396 - 7,477,654 - 4,244,068
Total 80,870,220 10,350,504 - 10,668,190 - 13,830,407
306 PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 305
Supporting Business Corporate Corporate Social Other Financial
Report Governance Responsibilities Corporate Data Statement
(in million Rupiah)
Receivables Land
From Acquisition, Receivables
Subordinated Loans Secured Loans Secured Land From Micro, Receivables
Employee/ Small
Securities, by Residential by Commercial Development, Business, From Past Due Loans Other Assets
Retiree Loans
Equity, and Properties Properties and/or and Retail Corporations
Other Capital Construction Portfolio
Instruments Loan
i j k l m n o p q
- 87,382 1,932,494 - - 1,289,523 11,442,058 22,311 -
- 8,893 22,252 - - 125,078 9,169,756 - -
- 1,474,003 6,825,825 - - 1,526,949 31,000,049 152,637 -
- 6,029 5,619 - - 12,813 155,936 - -
- 43,307 24,368 - - 1,504 31,238 10,320 -
- 508,060 637,692 - - 283,172 3,761,268 23,204 -
- 4,441,265 10,349,543 - - 3,328,860 14,918,487 474,693 -
- 354,575 1,288,350 - - 207,749 2,560,204 27,841 -
- 101,624 1,554,651 - - 93,297 1,290,821 52,961 -
- 264,658 448,207 - - 89,039 9,160,237 8,821 -
- - - - - 823,845 84,216 223 -
- 404,848 3,439,517 - - 135,318 5,049,546 123,569 -
- 340,497 558,668 - - 173,780 959,924 13,519 -
- 97,418 391,515 - - 93,368 1,685,106 933 -
- - - - - - - - -
- 70,887 73,039 - - 16,372 - - -
- 57,180 298,116 - - 38,446 1,251,725 - -
- - - - - - - - -
- 56,736 36,542 - - 29,191 107,267 4,035 -
- 15,646 5,957 - - 876 - 1,501 -
- - - - - - - - -
- 37,714,840 3,074,226 - - 23,516,204 315,135 1,059,819 -
- 130 - - - 11,404,703 94,622 99,440 -
23,373 - - - - 301,982 10,821,653 - 18,366,462
23,373 46,047,978 30,966,581 - - 43,492,070 103,859,248 2,075,829 18,366,462
PT BANK CIMB NIAGA TBK 2025 Annual Report 307
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Performance Management Company Management Risk
Highlights Reports Profile Discussion & Analysis Management
Table 5.e. Additional Disclosure relating to Loan Quality on Asset (CRB) – Disclosure of Net Claims by Remaining
Term of Contract
i. Bank Only
31 December 2025
No. Portfolio Category Net Receivables Based on Remaining Contractual Maturity
≤ 1 year > 1 - 3 years > 3 - 5 years > 5 years
a b c d e f
1 Claims on Government 39,785,901 13,330,110 19,495,985 4,237,402
2 Claims on Public Sector Entities 4,281,833 1,249,442 1,420,807 3,442,608
3 Claims on Multilateral Development Banks and International - - - -
Institutions
4 Claims on Banks 7,447,238 1,030,484 1,594,576 2,211,363
5 Claims in Covered Bonds - - - -
6 Claims on Securities Companies and Other Financial Service Institutions 11,409,478 4,622,459 1,547,509 54,261
7 Claims in Subordinated Securities, Equity, and Other Capital - - - -
Instruments
8 Loans Secured by Residential Properties 4,223,846 5,658,259 3,883,782 32,103,258
9 Loans Secured by Commercial Properties 11,785,721 7,960,148 3,136,666 7,606,638
10 Land Acquisition, Land Processing, and/or Construction Loans - - - -
11 Employee/Retiree Loans - - - -
12 Claims on Micro, Small Business, and Retail Portfolio 11,150,068 9,011,618 9,682,285 6,363,411
13 Claims on Corporations 59,729,683 25,889,222 16,421,303 8,892,052
14 Past Due Loans 721,208 246,511 218,979 1,009,651
15 Other Assets 997,576 230 - -
Total 151,532,551 68,998,484 57,401,892 65,920,644
ii. Bank Consolidated with Subsidiaries
31 December 2025
No. Portfolio Category Net Receivables Based on Remaining Contractual Maturity
≤ 1 year > 1 - 3 years > 3 - 5 years > 5 years
a b c d e f
1 Claims on Government 39,785,901 13,330,110 19,495,985 4,237,402
2 Claims on Public Sector Entities 4,281,833 1,249,442 1,420,807 3,442,608
3 Claims on Multilateral Development Banks and International - - - -
Institutions
4 Claims on Banks 7,627,481 1,030,484 1,594,576 2,211,363
5 Claims in Covered Bonds - - - -
6 Claims on Securities Companies and Other Financial Service Institutions 11,409,478 4,622,459 1,547,509 54,261
7 Claims in Subordinated Securities, Equity, and Other Capital - - - -
Instruments
8 Loans Secured by Residential Properties 4,223,846 5,658,259 3,883,782 32,103,258
9 Loans Secured by Commercial Properties 11,785,721 7,960,148 3,136,666 7,606,638
10 Land Acquisition, Land Processing, and/or Construction Loans - - - -
11 Employee/Retiree Loans - - - -
12 Claims on Micro, Small Business, and Retail Portfolio 11,685,460 12,518,975 14,657,219 6,524,775
13 Claims on Corporations 59,776,998 26,085,397 16,601,883 8,896,896
14 Past Due Loans 728,515 286,955 280,470 1,012,560
15 Other Assets 997,576 230 - -
Total 152,302,809 72,742,459 62,618,896 66,089,761
308 PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 307
Supporting Business Corporate Corporate Social Other Financial
Report Governance Responsibilities Corporate Data Statement
(in million Rupiah)
31 December 2024
Net Receivables Based on Remaining Contractual Maturity
Non Contractual Total ≤ 1 year > 1 - 3 years > 3 - 5 years > 5 years Non Contractual Total
g h i j k l m n
- 76,849,399 41,261,887 12,311,331 16,046,703 10,774,723 - 80,394,644
- 10,394,690 1,651,161 3,678,090 1,726,740 3,294,514 - 10,350,504
- - - - - - - -
- 12,283,661 6,622,349 617,532 1,130,739 2,236,156 - 10,606,776
- - - - - - - -
- 17,633,707 7,121,489 5,102,033 1,580,586 26,299 - 13,830,407
23,373 23,373 - - - - 23,373 23,373
- 45,869,146 4,535,671 5,029,973 4,310,986 32,171,347 - 46,047,978
- 30,489,173 12,093,465 6,737,366 4,820,515 7,315,235 - 30,966,581
- - - - - - - -
- - - - - - - -
- 36,207,382 12,076,412 10,356,749 7,945,381 4,291,091 - 34,669,633
- 110,932,260 57,298,843 18,300,304 17,481,692 10,474,290 - 103,555,129
- 2,196,349 843,452 164,605 160,299 843,707 - 2,012,064
16,099,632 17,097,437 822,970 - - - 16,631,750 17,454,720
16,123,005 359,976,576 144,327,701 62,297,982 55,203,640 71,427,364 16,655,123 349,911,809
(in million Rupiah)
31 December 2024
Net Receivables Based on Remaining Contractual Maturity
Non Contractual Total ≤ 1 year > 1 - 3 years > 3 - 5 years > 5 years Non Contractual Total
g h i j k l m n
- 76,849,399 41,737,463 12,311,331 16,046,703 10,774,723 - 80,870,220
- 10,394,690 1,651,161 3,678,090 1,726,740 3,294,514 - 10,350,504
- - - - - - - -
- 12,463,904 6,683,762 617,532 1,130,739 2,236,156 - 10,668,190
- - - - - - - -
- 17,633,707 7,121,489 5,102,033 1,580,586 26,299 - 13,830,407
23,373 23,373 - - - - 23,373 23,373
- 45,869,146 4,535,671 5,029,973 4,310,986 32,171,347 - 46,047,978
- 30,489,173 12,093,465 6,737,366 4,820,515 7,315,235 - 30,966,581
- - - - - - - -
- - - - - - - -
- 45,386,428 12,643,218 13,722,202 12,622,341 4,504,309 - 43,492,070
- 111,361,174 57,317,558 18,443,170 17,612,502 10,486,019 - 103,859,248
- 2,308,499 845,644 187,774 198,134 844,277 - 2,075,829
17,158,858 18,156,663 822,970 - - - 17,543,492 18,366,462
17,182,230 370,936,155 145,452,402 65,829,469 60,049,246 71,652,879 17,566,864 360,550,861
PT BANK CIMB NIAGA TBK 2025 Annual Report 309
Page 308
Performance Management Company Management Risk
Highlights Reports Profile Discussion & Analysis Management
Table 5.f. Additional Disclosure relating to Loan Quality on Asset (CRB) – Disclosure of Receivables and Provisions
by Region
i. Bank Only
31 December 2025
No. Description Net Receivables Based on Region
Jakarta West Java Central Java East Java Sumatera East Indonesia
a b c d e f g h
1 Receivables 244,985,769 17,535,528 12,816,490 19,093,187 27,626,098 18,495,108
2 Impaired Receivables
a. Non-Past Due 10,480,887 1,278,397 1,024,250 1,145,733 935,845 286,225
b. Past Due 2,340,663 255,590 323,412 374,340 534,528 252,437
3 Provisions Stage 1 1,032,318 29,958 20,834 111,310 38,793 17,010
4 Provisions Stage 2 510,598 57,757 25,074 184,190 14,773 10,054
5 Provisions Stage 3 4,893,761 125,869 195,424 298,849 356,513 130,470
6 Receivables Written-Off 2,354,985 142,931 78,561 130,590 132,627 102,906
ii. Bank Consolidated with Subsidiaries
31 December 2025
No. Description Net Receivables Based on Region
Jakarta West Java Central Java East Java Sumatera East Indonesia
a b c d e f g h
1 Receivables 250,298,413 18,714,214 13,489,396 19,660,666 28,926,410 20,620,915
2 Impaired Receivables
a. Non-Past Due 10,480,887 1,278,397 1,024,250 1,145,733 935,845 286,225
b. Past Due 2,539,000 255,590 323,412 374,340 534,528 252,437
3 Provisions Stage 1 1,222,916 29,958 20,834 111,310 38,793 17,010
4 Provisions Stage 2 578,662 57,757 25,074 184,190 14,773 10,054
5 Provisions Stage 3 4,964,929 125,869 195,424 298,849 356,513 130,470
6 Receivables Written-Off 2,746,119 142,931 78,561 130,590 132,627 102,906
310 PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 309
Supporting Business Corporate Corporate Social Other Financial
Report Governance Responsibilities Corporate Data Statement
(in million Rupiah)
31 December 2024
Net Receivables Based on Region
Total Jakarta West Java Central Java East Java Sumatera East Indonesia Total
i j k l m n o p
340,552,180 243,246,028 18,711,253 12,441,129 18,014,054 26,058,633 16,452,836 334,923,933
15,151,337 8,350,484 1,162,931 1,208,719 1,031,013 874,894 381,890 13,009,931
4,080,970 1,763,888 249,222 350,839 454,621 529,367 245,550 3,593,487
1,250,223 1,378,323 26,735 25,043 161,590 33,011 19,045 1,643,747
802,446 691,181 60,886 27,031 188,629 19,488 11,810 999,025
6,000,886 6,587,846 141,764 238,368 370,144 341,409 128,823 7,808,354
2,942,600 1,299,272 35,920 129,056 159,873 41,425 48,988 1,714,534
(in million Rupiah)
31 December 2024
Net Receivables Based on Region
Total Jakarta West Java Central Java East Java Sumatera East Indonesia Total
i j k l m n o p
351,710,014 248,347,103 19,841,766 13,163,250 18,641,259 27,404,383 18,277,102 345,674,863
15,151,337 8,350,484 1,162,931 1,208,719 1,031,013 874,894 381,890 13,009,931
4,279,307 1,862,757 249,222 350,839 454,621 529,367 245,550 3,692,356
1,440,821 1,514,417 26,735 25,043 161,590 33,011 19,045 1,779,841
870,510 717,188 60,886 27,031 188,629 19,488 11,810 1,025,032
6,072,054 6,628,020 141,764 238,368 370,144 341,409 128,823 7,848,528
3,333,734 998,063 35,920 129,056 159,873 41,425 48,988 1,413,325
PT BANK CIMB NIAGA TBK 2025 Annual Report 311
Page 310
Performance Management Company Management Risk
Highlights Reports Profile Discussion & Analysis Management
Table 5.g. Additional Disclosure relating to Loan Quality on Asset (CRB) – Disclosure of Receivables and Provisions
based on Economic Sector
i. Bank Only
No. Economy Sector
a b
31 December 2025
1 Agriculture, Forestry, and Fishery
2 Mining and Excavation
3 Manufacturing
4 Electricity, Gas, Steam/Hot Water, and Cold Air
5 Water Management, Waste Water Management, Waste Management, and Remediation Activities
6 Construction
7 Wholesale and Retail Trading; Car and Motorcycle Reparation, and Maintenance
8 Transport and Warehouse
9 Accommodation and Supply of Food and Beverages
10 Information and Communication
11 Finance and Insurance Activities
12 Real Estate
13 Professional, Scientific, and Technical Activities
14 Rental and Leasing Activities without Option Rights, Employment, Travel Agencies, and Other Business Support
15 Government Administration, Defence, and Mandatory Social Security
16 Education
17 Human Health Activities and Social Activities
18 Arts, Entertainment, and Recreation
19 Other Service Activities
20 Household Activities as Employer; Activities that Produce Goods and Services by Households that are Used to Meet Own Needs
21 Activities of International Agencies and Other Extra International Agencies
22 Households
23 Non-Business Activities
24 Others
Total
No. Economy Sector
a b
31 December 2024
1 Agriculture, Forestry, and Fishery
2 Mining and Excavation
3 Manufacturing
4 Electricity, Gas, Steam/Hot Water, and Cold Air
5 Water Management, Waste Water Management, Waste Management, and Remediation Activities
6 Construction
7 Wholesale and Retail Trading; Car and Motorcycle Reparation, and Maintenance
8 Transport and Warehouse
9 Accommodation and Supply of Food and Beverages
10 Information and Communication
11 Finance and Insurance Activities
312 PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 311
Supporting Business Corporate Corporate Social Other Financial
Report Governance Responsibilities Corporate Data Statement
(in million Rupiah)
Impaired Receivables
Provisions Provisions Provisions Receivables
Receivables Stage 1 Stage 2 Stage 3 Written-Off
Non-past Due Past Due
c d e f g h i
11,670,250 478,888 53,592 9,623 3,860 51,680 -
5,783,238 89,420 15,013 12,498 87,191 9,979 -
44,521,721 7,151,833 360,345 97,721 200,311 3,044,271 -
5,075,076 - 4,367 32,245 - 4,367 -
176,001 5,855 7,548 122 - 3,157 -
7,306,332 593,502 312,121 20,771 3,295 661,836 -
35,121,192 2,082,604 898,358 182,354 111,190 582,941 -
4,593,123 193,333 30,002 3,094 16,001 95,912 -
2,693,904 450,953 178,269 3,156 50,516 153,777 -
10,795,308 613,554 17,452 35,515 6,954 88,616 -
17,165,329 917 27,908 68,898 - 28,771 -
7,837,950 1,450,051 313,550 1,912 87,591 234,195 -
1,630,595 252,619 16,666 2,304 6,703 6,654 -
1,662,363 53,379 18,147 184,437 391 16,784 -
- - - - - - -
166,268 - - 154 - - -
1,600,740 12,952 138 3,957 164 95 -
- - - - - - -
1,435,103 5,392 - 2,784 998 - -
15,579 - 4,999 1 - 3,498 -
- - - - - - -
59,001,742 1,343,828 1,590,219 322,085 177,974 859,761 -
10,132,973 372,257 232,276 266,592 49,307 154,592 2,942,600
112,167,393 - - - - - -
340,552,180 15,151,337 4,080,970 1,250,223 802,446 6,000,886 2,942,600
(in million Rupiah)
Impaired Receivables
Provisions Provisions Provisions Receivables
Receivables Stage 1 Stage 2 Stage 3 Written-Off
Non-past Due Past Due
c d e f g h i
13,620,817 579,683 74,609 11,382 1,589 52,424 -
7,375,011 239,212 15,013 12,578 99,601 15,013 -
40,785,609 5,073,830 356,347 72,052 197,768 4,256,034 -
5,372,830 - - 37,644 - - -
111,441 8,749 15,547 85 25 8,818 -
7,389,015 61,725 104,455 300,252 3,716 868,498 -
31,036,019 2,445,058 946,209 203,439 119,894 597,333 -
4,650,560 29,867 52,867 14,605 2,174 188,924 -
3,445,296 152,136 209,188 2,373 64,523 455,297 -
9,196,999 748,910 44,872 29,439 63,634 37,762 -
13,863,064 5,536 40,336 52,188 5,979 40,119 -
PT BANK CIMB NIAGA TBK 2025 Annual Report 313
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No. Economy Sector
12 Real Estate
13 Professional, Scientific, and Technical Activities
14 Rental and Leasing Activities without Option Rights, Employment, Travel Agencies, and Other Business Support
15 Government Administration, Defence, and Mandatory Social Security
16 Education
17 Human Health Activities and Social Activities
18 Arts, Entertainment, and Recreation
19 Other Service Activities
20 Household Activities as Employer; Activities that Produce Goods and Services by Households that are Used to Meet Own Needs
21 Activities of International Agencies and Other Extra International Agencies
22 Households
23 Non-Business Activities
24 Others
Total
ii. Bank Consolidated with Subsidiaries
No. Economy Sector
a b
31 December 2025
1 Agriculture, Forestry, and Fishery
2 Mining and Excavation
3 Manufacturing
4 Electricity, Gas, Steam/Hot Water, and Cold Air
5 Water Management, Waste Water Management, Waste Management, and Remediation Activities
6 Construction
7 Wholesale and Retail Trading; Car and Motorcycle Reparation, and Maintenance
8 Transport and Warehouse
9 Accommodation and Supply of Food and Beverages
10 Information and Communication
11 Finance and Insurance Activities
12 Real Estate
13 Professional, Scientific, and Technical Activities
14 Rental and Leasing Activities without Option Rights, Employment, Travel Agencies, and Other Business Support
15 Government Administration, Defence, and Mandatory Social Security
16 Education
17 Human Health Activities and Social Activities
18 Arts, Entertainment, and Recreation
19 Other Service Activities
20 Household Activities as Employer; Activities that Produce Goods and Services by Households that are Used to Meet Own Needs
21 Activities of International Agencies and Other Extra International Agencies
22 Households
23 Non-Business Activities
24 Others
Total
314 PT BANK CIMB NIAGA TBK 2025 Annual Report
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Report Governance Responsibilities Corporate Data Statement
(in million Rupiah)
Impaired Receivables
Provisions Provisions Provisions Receivables
Receivables Stage 1 Stage 2 Stage 3 Written-Off
Non-past Due Past Due
9,214,961 1,122,352 329,758 1,648 89,737 206,190 -
1,966,278 277,803 34,855 2,156 9,415 24,034 -
2,128,183 438,092 30,338 181,915 4,991 29,405 -
- - - - - - -
158,451 - - 50 - - -
1,362,283 12,292 - 5,682 660 - -
- - - - - - -
213,957 1,996 6,728 442 937 2,838 -
27,413 - 4,999 12 - 3,498 -
- - - - - - -
56,688,399 1,802,434 1,324,225 324,087 239,809 730,380 -
10,094,209 10,256 3,141 391,718 94,573 291,787 1,714,534
116,223,138 - - - - - -
334,923,933 13,009,931 3,593,487 1,643,747 999,025 7,808,354 1,714,534
(in million Rupiah)
Impaired Receivables
Provisions Provisions Provisions Receivables
Receivables Stage 1 Stage 2 Stage 3 Written-Off
Non-past Due Past Due
c d e f g h i
11,670,250 478,888 53,592 9,623 3,860 51,680 -
5,783,238 89,420 15,013 12,498 87,191 9,979 -
44,521,721 7,151,833 360,345 97,721 200,311 3,044,271 -
5,075,076 - 4,367 32,245 - 4,367 -
176,001 5,855 7,548 122 - 3,157 -
7,306,332 593,502 312,121 20,771 3,295 661,836 -
35,121,192 2,082,604 898,358 182,354 111,190 582,941 -
4,593,123 193,333 30,002 3,094 16,001 95,912 -
2,693,904 450,953 178,269 3,156 50,516 153,777 -
10,795,308 613,554 17,452 35,515 6,954 88,616 -
16,778,524 917 27,908 68,898 - 28,771 -
7,837,950 1,450,051 313,550 1,912 87,591 234,195 -
1,630,595 252,619 16,666 2,304 6,703 6,654 -
1,662,363 53,379 18,147 184,437 391 16,784 -
- - - - - - -
166,268 - - 154 - - -
1,600,740 12,952 138 3,957 164 95 -
- - - - - - -
1,435,103 5,392 - 2,784 998 - -
15,579 - 4,999 1 - 3,498 -
- - - - - - -
59,001,742 1,343,829 1,590,219 322,085 177,974 859,761 -
10,132,974 372,256 232,277 266,592 49,307 154,592 3,333,734
123,712,031 - 198,336 190,598 68,064 71,168 -
351,710,014 15,151,337 4,279,307 1,440,821 870,510 6,072,054 3,333,734
PT BANK CIMB NIAGA TBK 2025 Annual Report 315
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No. Economy Sector
a b
31 December 2024
1 Agriculture, Forestry, and Fishery
2 Mining and Excavation
3 Manufacturing
4 Electricity, Gas, Steam/Hot Water, and Cold Air
5 Water Management, Waste Water Management, Waste Management, and Remediation Activities
6 Construction
7 Wholesale and Retail Trading; Car and Motorcycle Reparation, and Maintenance
8 Transport and Warehouse
9 Accommodation and Supply of Food and Beverages
10 Information and Communication
11 Finance and Insurance Activities
12 Real Estate
13 Professional, Scientific, and Technical Activities
14 Rental and Leasing Activities without Option Rights, Employment, Travel Agencies, and Other Business Support
15 Government Administration, Defence, and Mandatory Social Security
16 Education
17 Human Health Activities and Social Activities
18 Arts, Entertainment, and Recreation
19 Other Service Activities
20 Household Activities as Employer; Activities that Produce Goods and Services by Households that are Used to Meet Own Needs
21 Activities of International Agencies and Other Extra International Agencies
22 Households
23 Non-Business Activities
24 Others
Total
316 PT BANK CIMB NIAGA TBK 2025 Annual Report
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Report Governance Responsibilities Corporate Data Statement
(in million Rupiah)
Impaired Receivables
Provisions Provisions Provisions Receivables
Receivables Stage 1 Stage 2 Stage 3 Written-Off
Non-past Due Past Due
c d e f g h i
13,620,817 579,683 74,609 11,382 1,589 52,424 -
7,375,011 239,212 15,013 12,578 99,601 15,013 -
40,785,609 5,073,830 356,347 72,052 197,768 4,256,034 -
5,372,830 - - 37,644 - - -
111,441 8,749 15,547 85 25 8,818 -
7,389,015 61,725 104,455 300,252 3,716 868,498 -
31,036,019 2,445,058 946,209 203,439 119,894 597,333 -
4,650,560 29,867 52,867 14,605 2,174 188,924 -
3,445,296 152,136 209,188 2,373 64,523 455,297 -
9,196,999 748,910 44,872 29,439 63,634 37,762 -
13,863,064 5,536 40,336 52,188 5,979 40,119 -
9,214,961 1,122,352 329,758 1,648 89,737 206,190 -
1,966,278 277,803 34,855 2,156 9,415 24,034 -
2,128,183 438,092 30,338 181,915 4,991 29,405 -
- - - - - - -
158,451 - - 50 - - -
1,362,283 12,292 - 5,682 660 - -
- - - - - - -
213,957 1,996 6,728 442 937 2,838 -
27,413 - 4,999 12 - 3,498 -
- - - - - - -
56,688,399 1,802,434 1,324,226 324,087 239,809 730,380 -
10,094,209 10,256 3,140 391,718 94,573 291,787 1,413,325
126,974,068 - 98,870 136,094 26,006 40,174 -
345,674,863 13,009,931 3,692,357 1,779,841 1,025,031 7,848,528 1,413,325
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Table 5.h. Additional Disclosure relating to Loan Quality on Asset (CRB) ) – Disclosure of Past Due Loans Based on
Outstanding Days
i. Bank Only
31 December 2025
No. Type of Exposure Past Due Loans Based on Outstanding Days
> 90 days to 120 days > 120 days to 180 days
a b c d
1 Loans included in Past Due Loans 531,536 545,585
2 Securities included in Past Due Loans - -
Total 531,536 545,585
ii. Bank Consolidated with Subsidiaries
31 December 2025
No. Type of Exposure Past Due Loans Based on Outstanding Days
> 90 days to 120 days > 120 days to 180 days
a b c d
1 Loans included in Past Due Loans 612,185 663,273
2 Securities included in Past Due Loans - -
Total 612,185 663,273
Table 5.i. Additional Disclosures Relating to Treatment of Non-Performing Assets (CRB-A) – Disclosure of Performing
and Non-Performing Assets
i. Bank Only
Performing
(Quality of L and TPF)
No. Component
Gross Fair Value Provisions
a b
1 Securities 84,965,989 782
2 Loans
a. Corporate 156,991,596 4,687,738
b. Retail 67,311,917 851,267
3 Administrative Account Transactions 114,031,497 120,206
ii. Bank Consolidated with Subsidiaries
Performing
(Quality of L and TPF)
No. Component
Gross Fair Value Provisions
a b
1 Securities 85,465,529 782
2 Loans
a. Corporate 156,604,792 4,687,738
b. Retail 77,424,422 1,097,384
3 Administrative Account Transactions 114,031,497 120,206
318 PT BANK CIMB NIAGA TBK 2025 Annual Report
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Report Governance Responsibilities Corporate Data Statement
(in million Rupiah)
31 December 2024
Past Due Loans Based on Outstanding Days
> 180 days Total > 90 days to 120 days > 120 days to 180 days > 180 days Total
e f g h i j
3,004,153 4,081,274 546,972 538,255 2,810,649 3,895,876
- - - - - -
3,004,153 4,081,274 546,972 538,255 2,810,649 3,895,876
(in million Rupiah)
31 December 2024
Past Due Loans Based on Outstanding Days
> 180 days Total > 90 days to 120 days > 120 days to 180 days > 180 days Total
e f g h i j
3,004,153 4,279,611 583,438 600,377 2,810,931 3,994,746
- - - - - -
3,004,153 4,279,611 583,438 600,377 2,810,931 3,994,746
(in million Rupiah)
Non Performing
(Qulaity of KL, D, M)
Receivables that are Not Impaired
Impaired Receivables
Past Due for > 90 Days Past Due for > 90 Days
Gross Fair Value Provisions Gross Fair Value Provisions Gross Fair Value Provisions
c d e f g h
- - - - - -
2,258,476 1,535,504 - - - -
1,822,798 979,046 - - - -
279,956 23 - - - -
(in million Rupiah)
Non Performing
(Qulaity of KL, D, M)
Receivables that are Not Impaired
Impaired Receivables
Past Due for > 90 Days Past Due for > 90 Days
Gross Fair Value Provisions Gross Fair Value Provisions Gross Fair Value Provisions
c d e f g h
- - - - - -
2,258,477 1,535,504 - - - -
2,021,134 1,062,759 - - - -
279,956 23 - - - -
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Table 5.j. Additional Disclosures Relating to Treatment of Non-Performing Assets (CRB-A) – Disclosure of Performing
and Non-Performing Restructuring Assets
i. Bank Only
Performing Non Performing
(Quality of L and TPF) (Quality of KL, D, M)
No. Component Gross Fair Value Provisions Gross Fair Value Provisions
a b c d
1 Securities 84,965,989 782 - -
2 Credit
a. Corporations 156,991,596 4,687,738 2,258,476 1,535,504
b. Retail 67,311,917 851,267 1,822,798 979,046
3 Administrative Account Transaction 114,031,497 120,206 279,956 23
ii. Bank Consolidated with Subsidiaries
Performing Non Performing
(Quality of L and TPF) (Quality of KL, D, M)
No. Component Gross Fair Value Provisions Gross Fair Value Provisions
a b c d
1 Securities 85,465,529 782 - -
2 Credit - - - -
a. Corporations 156,604,792 4,687,738 2,258,477 1,535,504
b. Retail 77,424,422 1,097,384 2,021,134 1,062,759
3 Administrative Account Transaction 114,031,497 120,206 279,956 23
320 PT BANK CIMB NIAGA TBK 2025 Annual Report
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Report Governance Responsibilities Corporate Data Statement
(in million Rupiah)
Stage 1 Stage 2 Stage 3
Gross Fair Value Provisions Gross Fair Value Provisions Gross Fair Value Provisions
e f g h i j
84,965,989 782 - - - -
143,556,313 661,544 10,259,418 575,164 5,434,341 4,986,534
65,869,421 588,679 1,409,476 227,282 1,855,818 1,014,352
113,810,650 88,839 220,847 26,062 279,956 5,328
(in million Rupiah)
Stage 1 Stage 2 Stage 3
Gross Fair Value Provisions Gross Fair Value Provisions Gross Fair Value Provisions
e f g h i j
85,465,529 782 - - - -
- - - - - -
143,169,509 661,544 10,259,418 575,163 5,434,341 4,986,535
75,778,602 779,277 1,670,559 295,346 1,996,396 1,085,520
113,810,650 88,839 220,847 26,062 279,956 5,328
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Highlights Reports Profile Discussion & Analysis Management
STANDAR CREDIT RISK DISCLOSURE BASED CATEGORIES OF PORTFOLIO ADOPTING EXTERNAL
ON STANDAR APPROACH RATINGS
In relation to capital, credit risk is measured based on Based on the standard approach, RWA calculations for
Risk Weighted Assets (RWA) for credit through One several portfolio categories are based on external ratings,
Reporting Module Credit RWA application, whereby the and for some other risk categories, the risk weights have
Bank adopts the Basel 3 Reform method based on OJK been determined directly in accordance with regulatory
Circular Letter No. 24/SEOJK.03/2021 concerning the requirements. However, many of them are unrated,
calculation of Risk-Weighted Assets for credit risk using a resulting in a more conservative weighting. The Bank has
standard approach for Commercial Banks. also implemented the concept of due diligence in applying
external rating data to calculate Credit RWA. Under this
In addition, CIMB Niaga has implemented OJK Circular due diligence concept, the external rating obtained will
Letter No.48/SEOJK.03/2017 regarding Guidelines for be compared with the internal rating movement trend
Calculation of Derivative-Transaction Net Invoices during managed by the Bank.
the Calculation of Risk-Weighted Assets for Loan Risk
Using the Standard Approach (SA-CCR). RATING AGENCIES
CIMB Niaga adopts the latest ratings published by rating
POLICY ON RATINGS USED IN RWA CALCULATION agencies that have been recognized by the Financial
FOR CREDIT RISK Services Authority. Based on OJK Circular Letter No.
In accordance with the standard approach for credit 37/SEOJK.03/2016 dated September 8, 2016, regarding
risk measurement methodology, RWA calculations are Rating Agencies and Ratings Acknowledges by the
generally based on ratings published by external rating Financial Services Authority, as well as the OJK website
agencies. on December, 31 2025
Based on Financial Services Authority Regulations, credit DISCLOSURE OF COUNTERPARTY CREDIT RISK
exposures included in standardised credit Risk Weighted Counterparty credit risk is the risk arising from the
Assets (RWA) calculations include: counterparty’s failure to fulfill its obligations to the
• Assets exposure in the balance sheet as well as Bank in relation to treasury transactions that are
liabilities and contingencies in administrative account affected by changes in fair value or market value as a
transactions, excluding trading book positions result of movement in specific market variables. This
that have been calculated in market risk RWA and risk includes exposures to over-the-counter (OTC)
investments calculated as capital deduction factors. derivative transactions, as well as repo and reverse repo
• Exposures that create credit risk as a result of transactions.
counterparty failure, with net claims calculated using
the SA-CCR method. The Bank manages counterparty credit risk from trading
• Exposure on sales and purchase transactions of activities, derivatives, and Repo and Reverse Repo
financial instruments, which may lead to credit risk transactions in accordance with the Bank’s policies
owing to settlement failures. and standard operating procedures by considering the
level of risk commensurate with the returns and by
always maintaining the Bank’s capital adequacy. The
counterparty credit risk exposure limits are determined
by the counterparty’s suitability, which is based on the
internal rating and the duration of the transaction
offered. The Bank strictly monitors counterparty credit
risk exposure using methods defined in internal policies.
Credit risk exposure is monitored and if counterparty
credit limit is breached, an independent unit shall
escalate the issue. Credit risk mitigation includes, among
other things, assessing the feasibility of counterparty
needs and requiring cash collateral if deemed necessary.
322 PT BANK CIMB NIAGA TBK 2025 Annual Report
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DISCLOSURE OF CREDIT RISK MITIGATION BASED ON STANDARD APPROACH
In accordance with OJK Circular Letter No. 24/SEOJK.03/2021, concerning the Calculation of Risk-Weighted Assets for
Credit Risk Using a Standard Approach for Commercial Banks, the Bank recognizes collateral, guarantee, or credit
insurance as Credit Risk Mitigation methods (MRK). The MRK methods adopted by the Bank, in accordance with SEOJK,
are as follows:
1. MRK Method – Collateral
2. MRK Method—Guarantee and/or
3. MRK Method—Credit Guarantee or Insurance
The type of financial collateral recognized (eligible financial collateral) by the Bank in the MRK Collateral Technique refer
to the relevant provisions of the regulators. In addition to the usual MRK, such as blocked demand deposits, deposits,
government securities, and/or security deposits, the Bank accepts MRK in the form of guarantees issued by the Ministry
of Finance of the Republic of Indonesia for Indonesian government infrastructure projects.
QUANTITATIVE DISCLOSURE OF NET RECEIVABLES BASED ON RISK WEIGHT AFTER CALCULATING
THE IMPACT OF CREDIT RISK MITIGATION
Table 5.k. Quantitative Disclosures relating to Credit Risk Mitigation Techniques (CR3)
i. Bank Only (in million Rupiah)
Receivables Receivables Receivables
not Secured Secured by Receivables Secured by Receivables
by Credit Risk Credit Risk Secured by Guarantee Secured by
No. Component Mitigation Mitigation Collateral and/or Credit Credit Derivative
Techniques Techniques Insurance
a b c d e
1 Loans 217,449,016 10,935,771 8,995,089 1,940,682
2 Securities 84,965,989 - - -
3 Total 302,415,005 10,935,771 8,995,089 1,940,682
4 Loans and Securities that are Past Due 4,081,274 - 7,473 -
ii. Bank Consolidated with Subsidiaries (in million Rupiah)
Receivables Receivables Receivables
not Secured Secured by Receivables Secured by Receivables
by Credit Risk Credit Risk Secured by Guarantee Secured by
No. Component Mitigation Mitigation Collateral and/or Credit Credit Derivative
Techniques Techniques Insurance
a b c d e
1 Loans 227,373,054 10,935,771 8,995,089 1,940,682
2 Securities 85,465,529 - - -
3 Total 312,838,583 10,935,771 8,995,089 1,940,682
4 Loans and Securities that are Past Due 4,279,611 - 7,473 -
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Table 5.l. Disclosure of Credit Risk Exposure and Impact of Credit Risk Mitigation Techniques (CR4)
i. Bank Only (in million Rupiah)
Not Receivables Before the Not Receivables After the
Implementation of Credit Implementation of Credit RWA and Average Risk Weight
Conversion Factor and Credit Risk Conversion Factor and Credit Risk
Mitigation Techniques Mitigation Techniques
No. Portfolio Category Administrative Administrative Average Risk
Balance Sheet Account Balance Sheet Account RWA Weight
Transactions Transactions (e/(c+d))
a b c d e f
1 Claims on Government 76,804,242 451,570 76,804,242 45,157 - 0%
2 Claims on Public Sector Entities 10,273,966 583,873 10,273,966 120,724 2,394,878 23%
3 Claims on Multilateral - - - - -
Development Banks and
International Institutions
4 Claims on Banks 12,196,963 552,768 11,471,404 86,698 3,219,544 28%
Claims on Securities 16,200,825 7,546,557 16,200,825 1,432,882 4,028,245 23%
Companies and Other
Financial Service Institutions1)
5 Claims in Covered Bonds - - - - -
6 Claims on Corporations - 93,236,310 68,170,712 93,236,310 16,493,483 97,311,173 89%
General Corporate Exposures2)
Claims on Securities - - - - -
Companies and Other
Financial Service Institutions3)
Special Financing Exposure4) 1,148,682 134,461 1,148,682 53,785 1,451,851 121%
7 Claims in Subordinated 23,373 - 23,373 - 28,431 122%
Securities, Equity, and Other
Capital Instruments
8 Claims on Micro, Small 33,650,488 22,962,854 33,650,488 2,556,894 25,213,392 70%
Business, and Retail Portfolio
9 Loans Secured by Properties - - - - -
Loans Secured by Residential 37,454,026 13,241 37,454,026 1,324 16,166,270 43%
Properties where the
Payments Are Not Materially
Dependant on Property Cash
Flow
Loans Secured by Residential 8,116,840 2,967,153 8,116,840 296,955 5,570,220 66%
Properties where the
Payments Are Materially
Dependant on Property Cash
Flow
Loans Secured by 3,636,724 621 3,636,724 62 2,757,605 76%
Commercial Properties
where the Payments Are Not
Materially Dependant on
Property Cash Flow
Loans Secured by 25,646,748 10,647,726 25,646,748 1,205,639 24,838,246 92%
Commercial Properties
where the Payments Are
Materially Dependant on
Property Cash Flow
Land Acquisition, Land - - - - -
Processing and/or
Construction Loans
10 Past Due Receivables 2,168,357 279,916 2,168,357 27,992 2,315,827 105%
11 Other Assets 17,097,437 - 17,097,437 - 13,292,971 78%
12 Total 337,654,982 114,311,453 336,929,423 22,321,594 198,588,654 55%
324 PT BANK CIMB NIAGA TBK 2025 Annual Report
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Report Governance Responsibilities Corporate Data Statement
ii. Bank Consolidated with Subsidiaries (in million Rupiah)
Not Receivables Before the Not Receivables After the
Implementation of Credit Implementation of Credit RWA and Average Risk Weight
Conversion Factor and Credit Risk Conversion Factor and Credit Risk
Mitigation Techniques Mitigation Techniques
No. Portfolio Category Administrative Administrative Average Risk
Balance Sheet Account Balance Sheet Account RWA Weight
Transactions Transactions (e/(c+d))
a b c d e f
1 Claims on Government 76,804,242 451,570 76,804,242 45,157 - 0%
2 Claims on Public Sector Entities 10,273,966 583,873 10,273,966 120,724 2,394,878 23%
3 Claims on Multilateral - - - - -
Development Banks and
International Institutions
4 Claims on Banks 12,377,206 552,768 11,651,647 86,698 3,259,924 28%
Claims on Securities 16,200,825 7,546,557 16,200,825 1,432,882 4,028,245 23%
Companies and Other
Financial Service Institutions1)
5 Claims in Covered Bonds - - - - -
6 Claims on Corporations - 93,665,225 68,170,712 93,665,225 16,493,483 97,740,087 89%
General Corporate Exposures2)
Claims on Securities - - - - -
Companies and Other
Financial Service Institutions3)
Special Financing Exposure4) 1,148,682 134,461 1,148,682 53,785 1,451,851 121%
7 Claims in Subordinated 23,373 - 23,373 - 28,431 122%
Securities, Equity, and Other
Capital Instruments
8 Claims on Micro, Small 42,829,534 22,962,854 42,829,534 2,556,894 32,104,943 71%
Business, and Retail Portfolio
9 Loans Secured by Properties - - - - -
Loans Secured by Residential 37,454,026 13,241 37,454,026 1,324 16,166,270 43%
Properties where the
Payments Are Not Materially
Dependant on Property Cash
Flow
Loans Secured by Residential 8,116,840 2,967,153 8,116,840 296,955 5,570,220 66%
Properties where the
Payments Are Materially
Dependant on Property Cash
Flow
Loans Secured by 3,636,724 621 3,636,724 62 2,757,605 76%
Commercial Properties
where the Payments Are Not
Materially Dependant on
Property Cash Flow
Loans Secured by 25,646,748 10,647,726 25,646,748 1,205,639 24,838,246 92%
Commercial Properties
where the Payments Are
Materially Dependant on
Property Cash Flow
Land Acquisition, Land - - - - -
Processing and/or
Construction Loans
10 Past Due Receivables 2,280,508 279,916 2,280,508 27,992 2,428,263 105%
11 Other Assets 18,156,663 - 18,156,663 - 14,582,396 80%
12 Total 348,614,561 114,311,453 347,889,002 22,321,594 207,351,361 56%
PT BANK CIMB NIAGA TBK 2025 Annual Report 325
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Table 5.m. Disclosure on Exposure by Asset Class and Risk Weight (CR5)
i. Bank Only
Portfolio Category 0% 20% 50%
1 Claims on Government 76,849,399 - -
Portfolio Category 20% 50%
2 Claims on Public Sector Entities 8,225,035 2,169,655
Portfolio Category 0% 20% 30%
3 Claims on Multilateral Development Banks - - -
and International Institutions
Portfolio Category 20% 30% 40% 50%
4 Claims on Banks 6,911,578 404,299 2,828,052 736,356
Claims on Securities Companies and Other 14,411,467 1,410,040 1,726,120 28,411
Financial Service Institutions
Portfolio Category 10% 15% 20% 25%
5 Claims in Covered Bonds - - - -
Portfolio Category 20% 50% 65%5) 75%
6 Claims on General Corporations 1,927,577 6,445,267 - 54,789
Claims on Securities Companies and Other - - - -
Financial Service Institutions
Special Financing Exposure - - -
Portfolio Category 100% 150%
7 Claims in Subordinated Securities, Equity, and 20,000 -
Other Capital Instruments
Portfolio Category 45% 75%
8 Claims on Micro, Small Business and Retail Portfolio 1,845,295 27,656,951
Portfolio Category 0%5) 20% 25% 30% 35% 40% 45% 50%
9 Loans Secured by Properties
Loans Secured by Residential Properties - 7,552,136 3,757,850 10,322,423 3,812,283 845,453
where the Payments Are Not Materially
Dependant on Property Cash Flow
without loan sharing approach - - - - - -
with loan sharing approach (guaranteed) -
with loan sharing approach (guaranteed) - - - - -
Loans Secured by Residential Properties 1,011,888 451,536 - 1,670,642
where the Payments Are Materially
Dependant on Property Cash Flow
Loans Secured by Commercial Properties - - - - -
where the Payments Are Not Materially
Dependant on Property Cash Flow"
without loan sharing approach - - - - -
with loan sharing approach (guaranteed)
with loan sharing approach (guaranteed) - - - - -
Loans Secured by Commercial Properties
where the Payments Are Materially
Dependant on Property Cash Flow
Land Acquisition, Land Processing and/or
Construction Loans
Net Receivables After
the Implementation
Portfolio Category 50% 100% 150% Others of CCF and Credit Risk
Mitigation Techniques
10 Past Due Loans 282,631 1,384,659 529,059 - 2,196,349
Net Receivables
After the
Implementation
Portfolio Category 0% 20% 100% 150% 1250% Others of CCF and Credit
Risk Mitigation
Techniques
11 Other Assets 3,805,310 - 13,290,439 1,688 - - 17,097,437
326 PT BANK CIMB NIAGA TBK 2025 Annual Report
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(in million Rupiah)
Net Receivables After the Implementation of CCF
100% 150% Others and Credit Risk Mitigation Techniques
- - - 76,849,399
Net Receivables After the Implementation of CCF
100% 150% Others and Credit Risk Mitigation Techniques
- - - 10,394,690
Net Receivables After the Implementation of CCF
50% 100% 150% Others and Credit Risk Mitigation Techniques
- - - - -
Net Receivables After the Implementation of CCF
75% 100% 150% Others and Credit Risk Mitigation Techniques
608,407 - 69,410 - 11,558,102
50,601 - 7,069 - 17,633,707
Net Receivables After the Implementation of CCF
35% 50% 100% Others and Credit Risk Mitigation Techniques
- - - - -
Net Receivables After
the Implementation
80% 85% 100% 130% 150% Others of CCF and Credit Risk
Mitigation Techniques
- 8,746,897 92,554,381 - - 883 109,729,793
- - - - -
- 371,186 831,281 - - 1,202,467
Net Receivables After the Implementation of CCF
250% 450%5) Others and Credit Risk Mitigation Techniques
3,373 - - 23,373
Net Receivables After the Implementation of CCF
85% 100% Others and Credit Risk Mitigation Techniques
3,857,571 2,847,565 - 36,207,382
Net Receivables
After the
Implementation
60% 65% 5)
70% 75% 85% 90% 100% 105% 110% 150% Others of CCF and Credit
Risk Mitigation
Techniques
- 308,591 9,602,456 - 1,254,158 - -
37,455,351
- - - - - - -
- -
- - - - - - -
1,444,186 1,954,671 1,766,686 114,186 - 8,413,795
1,096,506 - 1,738,508 39,675 762,097 - - 3,636,786
- - -
- - -
- - - - - - -
9,289,171 5,312,932 - 239,878 -
12,010,406 26,852,387
- - - -
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Net Receivables of Administrative Net Receivables (After the
Net Receivable Statement of
No Risk Weight Account Transactions (before the Average CCF Implementation of CCF and Credit Risk
Financial Position application of CCF) Mitigation Techniques)
1 < 40% 136,190,623 1,391,842 16% 137,041,421
2 40%-70% 32,694,251 2,018,882 18% 34,528,619
3 75% 39,687,794 1,978,587 10% 41,666,381
4 85% 10,642,874 2,001,269 27% 12,644,143
5 90%-100% 103,567,406 14,230,010 23% 117,797,416
6 105%-130% 13,939,901 668,473 10% 14,608,374
7 150% 928,760 32,530 10% 961,290
8 250% 3,373 - - 3,373
9 400% - - - -
10 1,250% - - - -
11 Total Net Receivables 337,654,982 22,321,594 20% 359,251,017
ii. Bank Consolidated with Subsidiaries
Portfolio Category 0% 20% 50%
1 Claims on Government 76,849,399 - -
Portfolio Category 20% 50%
2 Claims on Public Sector Entities 8,225,035 2,169,655
Portfolio Category 0% 20% 30%
3 Claims on Multilateral Development Banks - - -
and International Institutions
Portfolio Category 20% 30% 40% 50%
4 Claims on Banks 7,077,383 404,299 2,828,052 750,794
Claims on Securities Companies and Other 14,411,467 1,410,040 1,726,120 28,411
Financial Service Institutions
Portfolio Category 10% 15% 20% 25%
5 Claims in Covered Bonds - - - -
Portfolio Category 20% 50% 65%5) 75%
6 Claims on General Corporations 1,927,577 6,445,267 - 54,789
Claims on Securities Companies and Other - - - -
Financial Service Institutions
Special Financing Exposure - - -
Portfolio Category 100% 150%
7 Claims in Subordinated Securities, Equity, and 20,000 -
Other Capital Instruments
Portfolio Category 45% 75%
8 Claims on Micro, Small Business and Retail Portfolio 1,845,295 36,806,929
Portfolio Category 0%5) 20% 25% 30% 35% 40% 45% 50%
9 Loans Secured by Properties
Loans Secured by Residential Properties - 7,552,136 3,757,850 3,812,283 845,453
where the Payments Are Not Materially 10,322,423
Dependant on Property Cash Flow
without loan sharing approach - - - - - -
with loan sharing approach (guaranteed) -
with loan sharing approach (guaranteed) - - - - -
Loans Secured by Residential Properties 1,011,888 451,536 1,670,642
where the Payments Are Materially
Dependant on Property Cash Flow
Loans Secured by Commercial Properties - - - - -
where the Payments Are Not Materially
Dependant on Property Cash Flow"
without loan sharing approach - - - - -
with loan sharing approach (guaranteed)
with loan sharing approach (guaranteed) - - - - -
Loans Secured by Commercial Properties
where the Payments Are Materially
Dependant on Property Cash Flow
Land Acquisition, Land Processing and/or
Construction Loans
328 PT BANK CIMB NIAGA TBK 2025 Annual Report
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Report Governance Responsibilities Corporate Data Statement
(in million Rupiah)
Net Receivables After the Implementation of CCF
100% 150% Others and Credit Risk Mitigation Techniques
- - - 76,849,399
Net Receivables After the Implementation of CCF
100% 150% Others and Credit Risk Mitigation Techniques
- - - 10,394,690
Net Receivables After the Implementation of CCF
50% 100% 150% Others and Credit Risk Mitigation Techniques
- - - - -
Net Receivables After the Implementation of CCF
75% 100% 150% Others and Credit Risk Mitigation Techniques
608,407 - 69,410 - 11,738,345
50,601 - 7,069 - 17,633,707
Net Receivables After the Implementation of CCF
35% 50% 100% Others and Credit Risk Mitigation Techniques
- - - - -
Net Receivables After
the Implementation
80% 85% 100% 130% 150% Others of CCF and Credit Risk
Mitigation Techniques
- 8,746,897 92,983,295 - - 883 110,158,707
- - - - -
- 371,186 831,281 - - 1,202,467
Net Receivables After the Implementation of CCF
250% 450%5) Others and Credit Risk Mitigation Techniques
3,373 - - 23,373
Net Receivables After the Implementation of CCF
85% 100% Others and Credit Risk Mitigation Techniques
3,857,571 2,876,633 - 45,386,428
Net Receivables
After the
Implementation
60% 65%5) 70% 75% 85% 90% 100% 105% 110% 150% Others of CCF and Credit
Risk Mitigation
Techniques
- 308,591 9,602,456 - 1,254,158 - -
37,455,351
- - - - - - -
- -
- - - - - - -
1,444,186 1,954,671 1,766,686 114,186 - 8,413,795
1,096,506 - 1,738,508 39,675 762,097 - - 3,636,786
- - -
- - -
- - - - - - -
9,289,171 5,312,932 - 239,878 -
12,010,406 26,852,387
- - - -
PT BANK CIMB NIAGA TBK 2025 Annual Report 329
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Highlights Reports Profile Discussion & Analysis Management
Net Receivables After
Portfolio Category the Implementation
50% 100% 150% Others of CCF and Credit Risk
Mitigation Techniques
10 Past Due Loans 282,642 1,496,216 529,642 - 2,308,499
Net Receivables
After the
Implementation
Portfolio Category 0% 20% 100% 150% 1250% Others of CCF and Credit
Risk Mitigation
Techniques
11 Other Assets 3,805,452 - 13,888,839 462,371 - - 18,156,663
Net Receivables of Administrative Net Receivables (After the
No Risk Weight Net Receivable Statement of Account Transactions (before the Average CCF Implementation of CCF and Credit Risk
Financial Position application of CCF) Mitigation Techniques)
1 < 40% 136,356,570 1,391,842 16% 137,207,369
2 40%-70% 32,708,701 2,018,882 18% 34,543,068
3 75% 48,837,772 1,978,587 10% 50,816,359
4 85% 10,642,874 2,001,269 27% 12,644,143
5 90%-100% 104,735,346 14,230,010 23% 118,965,356
6 105%-130% 13,939,901 668,473 10% 14,608,374
7 150% 1,390,026 32,530 10% 1,422,556
8 250% 3,373 - - 3,373
9 400% - - - -
10 1,250% - - - -
11 Total Net Receivables 348,614,561 22,321,594 20% 370,210,596
Table 5.n. Analysis of Credit Risk Net Receivables Arising from Counterparty Default Based on the Applied Approach
(in million Rupiah)
Position 31 December 2025
a b c d e f
No.
Use of Alpha for
Replacement Potential future EEPE regulatory EAD Net Receivables RWA
cost (RC) exposure (PFE) calculations
1 SA-CCR (for derivative) 972,923 946,853 1,4 2,687,686,71 1,691,183
2 Internal Model Method (for N/A N/A
derivative and SFT)
3 Simple approach for credit risk N/A N/A
mitigation (for SFT)
4 Comprehensive approach for 1,158,785 16,316
credit risk mitigation (for SFT)
5 VAR for SFT N/A N/A
6 Total 1,707,499
(in million Rupiah)
Position 31 December 2024
a b c d e f
No.
Use of Alpha for
Replacement Potential future EEPE regulatory EAD Net Receivables RWA
cost (RC) exposure (PFE) calculations
1 SA-CCR (for derivative) 1,140,070 770,439 1,4 2,674,712 1,760,343
2 Internal Model Method (for N/A N/A
derivative and SFT)
3 Simple approach for credit risk N/A N/A
mitigation (for SFT)
4 Comprehensive approach for 1,971,480 28,511
credit risk mitigation (for SFT)
5 VAR for SFT N/A N/A
6 Total 1,788,854
Qualitative Analysis
The Counterparty Default Risk based on Standardized Approach experienced a slight decrease compared to last year, due to a decrease in SFT transactions
(such as Repo and Reverse Repo)
330 PT BANK CIMB NIAGA TBK 2025 Annual Report
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Table 5.o. Quantitative Disclosure of CCR Exposure by Portfolio Category and Risk Weight
(in million Rupiah)
Position 31 December 2025
Risk Weight a b c d e f g h i
Portfolio Total Net
0% 10% 20% 50% 75% 100% 150% Others
Category Receivables
Indonesia
Claims on
Governmet and 557,451 - - - - - - - 557,451
Central Bank
Claims on Public
- - - - - - - - -
Sector Entities
Claims on
Multilateral
Development
- - - - - - - - -
Banks and
International
Institutions
Claims on Other
- - 950,294 316,598 - - - 560,728 1,827,620
Banks
Claims on
securities - - 33,695 17,812 326 - - 28,946 80,778
companies
Claims on
- - - 108,116 - 1,271,623 - 883 1,380,622
Corporations
Claims on Micro,
Small Business
- - - - - - - - -
and Retail
Portfolio
Other Assets - - - - - - - - -
Total 557,451 - 983,989 442,526 326 1,271,623 - 590,557 3,846,471
(in million Rupiah)
Position 31 December 2024
Risk Weight a b c d e f g h i
Portfolio Total Net
0% 10% 20% 50% 75% 100% 150% Others Receivables
Category
Indonesia
Claims on
Governmet and 478,766 - - - - - - - 478,766
Central Bank
Claims on Public
- - - - - - - - -
Sector Entities
Claims on
Multilateral
Development
- - - - - - - - -
Banks and
International
Institutions
Claims on Other
- - 1,588,235 342,103 - - - 733,249 2,663,587
Banks
Claims on
securities - - - 56,458 1,880 - - - 58,338
companies
Claims on
- - 145 72,300 85,383 1,281,717 - 5,956 1,445,501
Corporations
Claims on Micro,
Small Business
- - - - - - - - -
and Retail
Portfolio
Other Assets - - - - - - - - -
Total 478,766 - 1,588,380 470,861 87,263 1,281,717 - 739,205 4,646,191
Qualitative Analysis
The increase in net receivables was due to an increase in net receivables to the Bank.
PT BANK CIMB NIAGA TBK 2025 Annual Report 331
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Highlights Reports Profile Discussion & Analysis Management
Table 5.p. Net Claims on Credit Derivative
The Bank has no exposure to the related disclosure.
Table 5.q. Quantitative Disclosure of Securitization Exposure in Banking Book
The Bank has no exposure to the related disclosure.
Table 5.r. Quantitative Disclosure of Securitization Exposure in the Trading Book
The Bank has no exposure to the related disclosure.
Table 5.s. Quantitative Disclosure of Securitization Exposure to the Banking Book when the Bank is the Originator
or Sponsor and its Capital Requirements
The Bank has no exposure to the related disclosure.
Table 5.t. Quantitative Disclosure of Securitization Exposure in the Banking Book and Capital Requirement - Bank
as investor
The Bank has no exposure to the related disclosure.
332 PT BANK CIMB NIAGA TBK 2025 Annual Report
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Market Risk
Market risk refers to the risk arising from positions POLICIES, PROCEDURES, AND
recorded on the balance sheet and in off‑balance‑sheet ESTABLISHMENT OF LIMITS
accounts, driven by movements in market variables Market risk management is outlined in the form of
such as interest rates, foreign exchange rates, as well as policies, procedures, risk limits, and other related
option price fluctuations. decisions. Limits and Risk Appetite are evaluated
periodically in accordance with the changes in the Bank’s
Market risk arises from activities and positions held in business environment, including Treasury business
the trading book, while market risk in the banking book— strategies and market developments, as well as internal
particularly interest rate risk in the banking book—may and external regulations.
emerge from mismatches between the Bank’s asset and
liability exposures and from interest‑rate movements For effective risk limit control, the Bank establishes a
that affect both earnings and the economic value of comprehensive limit structure in alignment with the
capital. The Bank continuously monitors and manages complexity of the activities and takes into account the
its market risk by upholding prudential principles and Bank’s business objectives and risk tolerance. Market risk
ensuring long‑term sustainability. limits adopted by the Bank include Value at Risk (VaR),
sensitivity (DV01, base DV01, CR01, Vega, NOP), trigger
GOVERNANCE loss, and notional size for certain portfolios. Meanwhile,
To create strong and effective market risk governance, the establishment of limits related to Interest Rate Risk
the Bank implements the strategy of 3 (three) lines of in the Banking Book (IRRBB) includes Economic Value of
defense in regulating and managing market risk. Market Equity (EVE) and Net Interest Income (NII) limits.
risk management involves the active role of the related
business units, including the Treasury Directorate as RISK MANAGEMENT PROCESS
the first line of defense, Risk Management Unit (Market The Bank conducts a series of processes to identify,
Risk Management, Asset and Liability Management Risk), measure, monitor, and control the risks arising from the
and Capital & Balance Sheet Management (CBSM) as Bank’s functional activities. Risk Management Unit (RMU)
the second line. In addition to independently reviewing plays a role in carrying out this process continuously
the adequacy and effectiveness of risk governance and through its infrastructure development so that the
internal control, market risk management also involves process of managing market risk in the banking book and
the Internal Audit Unit as the third line. trading book can be properly performed in accordance
with the maximum risk limits tolerated by the Bank.
In addition to the concepts described above, active
oversight by the Board of Directors is carried out Market risk identification is carried out, through the review
through the evaluation of market risk management of new products—particularly treasury products—under
implementation via the Risk Management Committee the Bank’s new‑product approval process, which serves as
(RMC) and the Asset Liability Committee (ALCO). These a key control to identify inherent market risks and ensure
management committees are responsible for overseeing that such risks can be measured and managed prior to
the Bank’s risk management, including the establishment product launch. To strengthen this process, the Bank has
of the framework, strategies, and the acceptable Risk established a comprehensive Product and Activity Risk
Appetite. All market‑risk control factors are subsequently Management Policy that governs the submission, review,
reported to the Risk Oversight Committee (KIPER) as and approval of new products and activities.
part of the active supervisory function of the Board of
Commissioners.
PT BANK CIMB NIAGA TBK 2025 Annual Report 333
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The market risk management process framework described as follows:
Active Supervision by the Board of Directors (RMC) and Board of Commissioners
Risk Control &
Risk Identification Risk Measurement Risk Reporting
Monitoring
Identification of risks Quantification of risks Continuous risk Risk reporting and
associated with the associated with the Bank’s monitoring of the market escalation to facilitate
Bank’s strategy and positions for review, risk profile within risk informed risk taking and
new products to be analysis, control, and tolerance limits and management decisions.
launched as well as fund reporting. Methodology business activities
placement/investment used in risk measurement in accordance with
decisions. (VaR, risk sensitivity, stress applicable policies.
test)
A. MARKET RISK MANAGEMENT FOR TRADING The Bank performs VaR calculations to observe
BOOK PORTFOLIO market risk internally on a daily basis, whereby VaR
The Market Risk Management (MRM) Unit is an measurements are based on a confidence level of 99%
independent unit responsible for monitoring and (ninety-nine percent).
reporting market risk. Breaches of these limits are
reported to the relevant Senior Officers and the For the purpose of calculating the Capital Adequacy Ratio
Board of Directors for follow-up. In carrying out its (CAR), the Bank uses a standard method align with OJK
functions, MRM is supported by an adequate market Circular Letter No. 23/SEOJK.03/2022. For the purpose
risk management information system, which provides of minimum capital calculation using the standard
comprehensive and integrated market risk reports, as method, the Bank calculates all financial instrument
well as adequate human resources, both in terms of positions in the trading book that are exposed to the
quantity and quality. Human resource development is risk of default in the securities portfolio; interest rate
conducted continuously to ensure that competence is risk includes securities portfolios and other derivatives
consistently maintained. such as FX Forward, FX Swap, IRS/CCS, IR Future, etc.;
and credit spread risk, including all government and
In managing market risk for its trading book portfolio, corporate securities positions. For exchange rate risk,
internally, the Bank adopts sensitivity analysis. It is the Bank calculates both on- and off-balance sheet
a portfolio’s value change due to one independent positions in both trading and banking book portfolios.
market variable movement, such as DV01 and base
DV01 for interest rate instruments portfolio, net open The market risk monitoring process is conducted
position for foreign exchange positions, and Vega for several stages, including front-end control and limit
option portfolios. In addition to sensitivity analysis, setting. On the front-end control, the dealer acts as the
the Bank also uses Value at Risk (VaR) calculations in primary observer of market risks arising from trading
measuring market risk. activities and management of the Bank’s assets and
liabilities. The dealer must ensure that open trading
The Value at Risk (VaR) measurement covers a positions are in accordance with the limits that have
portfolio that includes securities, foreign exchange, been determined by management.
and derivatives instruments. The VaR calculation
methodology adopted is historical simulation, which is MRM conducts daily monitoring of trading limits
reviewed periodically with the assumptions, whereby breaches. The threshold determination serves to limit
the return value of an asset in the past is used to the concentration of risk exposure under a particular
predict potential future risks. The Historical Simulation position, type of risk, type of instrument and/or certain
VaR method does not require assumptions on an market. The threshold is established in accordance
asset’s distribution of returns. The valuation method with the Bank’s Risk Tolerance, considering profit
in measuring the fair value of an instrument is carried targets and risks from trading activities.
out by using prices available in the market (mark to
market) or by using theoretical price calculations (mark To control market risk, the Bank implements various
to model) for non-liquid market conditions. portfolio mix strategies tailored to market volatility
movements and in line with the Bank’s business
objectives. Portfolio management is carried out
through hedging, squaring positions, back-to-back,
334 PT BANK CIMB NIAGA TBK 2025 Annual Report
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and other methods that aim to offset a transaction/ hedge against the assets with a longer pricing term by
position with a market risk exposure. Additionally, it increasing the number of core CASA, bond issuance, or
can be used for the risk transfer process. The Bank selling term deposit products with a longer term (above
only carries out transactions that are in accordance one year). In addition, the Bank can also hedge the
with the Bank’s Risk Appetite and business strategy. IRRBB through various mechanisms, including carrying
out Interest Rate Swap (IRS) transactions, where the
B. INTEREST RATE RISK MANAGEMENT IN value and term of the risk being transacted resemble
BANKING BOOKS the exposure value in the banking book. Meanwhile,
The Bank measures and controls interest rate risk in the the accounting treatment for these transactions refers
banking book, which arises from differences between to the applicable accounting provisions.
the timing of interest rates changes and cash flows
(repricing risk), changes among interest rates from In calculating ∆EVE and ∆NII, commercial margins or
several yield curves with different positions that affect spread components have been taken into account
the Bank’s activities (basis risk), changes in interest in the cash flow, and discounting rates are applied
rates and maturity ranges (yield curve risk), and interest based on the risk-free curve. Non-Maturing Deposits
rates related to options embedded in banking book (NMD) includes current accounts and savings accounts,
products (option risk). The Bank measures interest where the behavioral characteristics of NMD are
rate risk exposure from both income and an economic influenced by the type of customer group, such as
perspective under a range of potential interest rate Retail and Wholesale. Average repricing maturities are
scenarios, including stress conditions. determined by analyzing historical balance analysis
and their sensitivity to interest rate pricing as well as
The Bank has established IRRBB policy and procedures, consideration of caps against proportions and the
including mitigation strategies to support the average term of core deposits according to SEOJK
implementation of interest rate risk management. ALM IRRBB.
Risk performs an internal control function over interest
rate risk in the banking book by monitoring IRRBB The methodology used for estimating prepayment
exposures, which must comply with the Bank’s limits rate of loans is based on a simple average of historical
and risk appetite using the Economic Value of Equity monthly prepayments against total portfolio value
(EVE) measurement method. CBSM Finance performs over the last 12 (twelve) months. However, the credit
Net Interest Income (NII) measurement based on the portfolio’s prepayment risk is relatively immaterial
Bank’s internal projections. because the average pricing term is not excessively long,
and there are inherent mitigations, such as significant
The calculation of IRRBB is performed monthly in penalties.
accordance with the provisions stipulated in OJK Circular
Letter No. 12/SEOJK.03/2018 on the Implementation The same methodology also applies to early withdrawals
of Risk Management and Standardized Measurement from time deposits, where the estimated redemption
of Interest Rate Risk in the Banking Book (IRRBB) for rate of time deposits is based on the simple average of
Commercial Banks. Sensitivity measurement for IRRBB historical early withdrawals against the total portfolio
is conducted using interest‑rate sensitivity factors, value over the past 12 (twelve) months. The impact
which serve as a more detailed and technical proxy for of early withdrawal on IRRBB is minimal due to the
managing IRRBB exposures majority of time deposits having a short tenor with a
rollover flag, which is about 1 (one) month.
Shock scenarios used in calculating IRRBB using the EVE
method include 6 (six) scenarios, which are parallel up, The total measurement of ∆EVE and ∆NII has aggregate
parallel down, steepener, flattener, short rate up, and all significant currencies. Currently, Rupiah and USD
short rate down. Meanwhile, calculations for the NII currencies are included in the significant currency
method apply 2 (two) scenarios, which are parallel up category. The average period of repricing maturity for
and parallel down. core Non-Maturing Deposits (NMD) is 3.5 (three and
a half) years for both Wholesale and Retail segments.
In performing interest rate risk management, the Bank While the longest period for repricing maturity applied
has several options, including performing a natural to Non-Maturing Deposit (NMD) is 5 (five) years.
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BACKTESTING INTERNAL CONTROL
This method is performed by comparing the VaR results Periodic reviews are conducted to ensure the
with historical actual losses using the Failure Test–based adequacy of applicable policies and procedures. The
Verification Model, which counts the number of instances assessment of the adequacy of policies, procedures, and
where the losses exceeded the VaR estimate during implementation is carried out by an independent party,
the observation period. The model follows a historical, the Internal Audit Unit (IAU), and subsequently submitted
non‑parametric approach. Any exceedance beyond the to the management and the Audit Committee for further
acceptable error level may indicate potential inaccuracies follow-up. Information related to market risk exposure
in the VaR model. The results of the back‑testing exercise is consolidated and reported by the unit in charge of
are also reported periodically to the RMC. finance and accounting.
The model used for risk assessment is validated on a IAU conducts a regular review of market risk management
regular basis, at least once a year, or if there are changes at least once a year. The review includes activities carried
to the model, structural and significant market changes, out by the Market Risk Control Unit and operational
or changes in portfolio composition that causes the business units related to market risk management,
model to be unable to measure all material market risk including:
factors, or if the model is no longer relevant. a. Adequacy of documentation of market risk
management (including internal models).
STRESS TESTING b. Approval process for significant changes in market
The Bank periodically conducts stress testing to estimate risk management.
potential losses in abnormal market conditions to identify c. Integrity of market risk management information
the sensitivity of Treasury performance towards changes systems.
in risk factors and influences that have a significant d. The market risk control unit’s organization, including
impact on the Bank’s portfolio. As for the implementation duties and responsibilities, independence, and
of stress testing, risk measurement systems must be adequacy of human resources.
flexible enough to facilitate various types of scenarios, e. Integration of market risk measurement into daily
including the largest historical market moves. The risk management processes.
assumptions used in stress testing must be carefully f. Coverage of financial products or instruments
developed to test the trends in the Treasury portfolio. exposed to market risk that use internal models.
g. Verification of consistency, timeliness, independence,
Stress testing is conducted quantitatively, including and reliability of data sources used in the internal
identifying various possible crisis scenarios that could models.
have a negative impact on the Bank, including earnings h. Accuracy and completeness of data for risk
and capital. Stress testing is performed on all trading assessment.
book portfolios that are exposed to interest rate risk. i. Internal approval process for using assessment
Additionally, the trading book and banking book portfolios models/methods (valuation).
are exposed to exchange rate risk by taking into account j. Accuracy of valuation results.
market risk and liquidity aspects, with the assumption k. Accuracy and feasibility of various volatility and
that market disturbances occur. Stress testing scenarios correlation assumptions.
include parallel and non-parallel movements of relevant l. Verifying internal validation and back-testing
risk factors. processes.
IAU is responsible for documenting all review reports
that have been carried out and submitting reports on
the implementation of the internal audit function to the
Board of Directors and Board of Commissioners.
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Table 6.a. Disclosure of Risk-Weighted Assets for Market Risk Using the Standard Approach (MR1)
i. Bank Only
(in million Rupiah)
Standard Approach Capital Charge
Risk
December 2025 December 2024
GIRR Risk Class 359,448 454,164
CSR Risk Class (non-securitization) 524,052 407,804
CSR Risk Class (securitization: non-CTP) -
CSR Risk Class (securitization: CTP) -
Equity Risk -
Commodity Risk -
Foreign Exchange Risk 73,752 138,257
DRC - non-securitization 3,796 4,646
DRC - securitization non-CTP -
DRC - securitization CTP -
RRAO 5 6
Total 961,052 1,004,876
ii. Bank Consolidated with Subsidiaries
(in million Rupiah)
Standard Approach Capital Charge
Risk
December 2025 December 2024
GIRR Risk Class 359,448 454,164
CSR Risk Class (non-securitization) 524,052 407,804
CSR Risk Class (securitization: non-CTP) -
CSR Risk Class (securitization: CTP) -
Equity Risk -
Commodity Risk -
Foreign Exchange Risk 73,752 138,257
DRC - non-securitization 3,796 4,646
DRC - securitization non-CTP -
DRC - securitization CTP -
RRAO 5 6
Total 961,052 1,004,876
Additional Disclosures (qualitative)
The Bank uses the Standard Method Approach to calculate its Market Risk Risk-Based Assets (RWA) in accordance with the framework of OJK
Circular Letter No. 23/SEOJK.03/2022 concerning the Calculation of RWA for Market Risk for Commercial Banks, effective as of the January 2024
reporting period. The market risk capital charge components include:
- General Interest Rate Risk (GIRR) risk class; for all interest rate risk exposures in the trading book category;
- Non-securitized Credit Spread Risk (CSR) risk class; for all credit spread risk exposures in the trading book category;
- Exchange Rate risk class; for both the trading book and banking book categories;
- Non-securitized Default Risk Charge (DRC) for all default risk exposures of securities issuers in the trading book category;
- RRAO risk class for residual instrument risk exposures in the trading book category.
In the December 2025 reporting period, the main components of market risk risk assets were in the GIRR and non-securitization CSR risk
class, contributing 92% to the Bank’s total market risk RWA (excluding CVA components). Meanwhile, the total capital charge for market risk
based on standardized approach in December 2025 was relatively stable at around Rp 1 trillion. This increase was primarily due to a decrease
in sensitivity exposures in the GIRR risk class and the exchange rate risk class, offset by an increase in sensitivity exposures in the non-
securitization CSR risk class.
Table 6.b. Disclosure of Risk-Weighted Assets for Market Risk Using the Simplified Standard Approach (MR3)
The Bank adopts the standardized method of RWA calculation.
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Table 6.c. Qualitative Information Disclosure Related to CVA (CVAA)
CVA risk is the risk of loss arising from changes in CVA value as a result of changes in counterparty credit spreads and
market risk factors that affect transaction prices. The Bank calculates CVA exposure for derivative transactions made
with counterparties. The Bank uses a simplified basic CVA approach (BA-CVA) in accordance with the framework of OJK
Circular Letter No. 23/SEOJK.03/2022 concerning Calculation of RWA for Market Risk for Commercial Banks.
Table 6.d. Simplified BA-CVA Disclosure (CVA1)
i. Bank Only
(in million Rupiah)
As of December 2025
(RWA) for
Component BA-CVA
a b
Aggregation of Systematic CVA Risk Components 591,575
Aggregation of Idiosyncratic CVA Risk Components 453,574
Total 3,995,215
ii. Bank Consolidated with Subsidiaries
(in million Rupiah)
As of December 2025
(RWA) for
Component BA-CVA
a b
Aggregation of Systematic CVA Risk Components 591,575
Aggregation of Idiosyncratic CVA Risk Components 453,574
Total 3,995,215
Additional Disclosures (qualitative)
The Bank uses the Simplified Basic Approach to calculate CVA RWA in accordance with OJK Circular Letter No. 23/SEOJK.03/2022 concerning the
Calculation of RWA for Market Risk for Commercial Banks, effective starting January 2024 reporting period. In managing the potential risk of
counterparty default, the Bank applies a cash collateral mechanism for certain types of counterparties in accordance with the Bank’s internal
assessment.
REPORT OF RISK MANAGEMENT IMPLEMENTATION RELATED TO INTEREST RATE RISK IN THE
BANKING BOOK
Table 7.a. Quantitative Disclosure on Exposure of Interest Rate Risk in the Banking Book (IRBBB) - Bank Only
IRRBB CALCULATION REPORT
Bank Name : PT Bank CIMB Niaga Tbk (Individu)
Reporting Position : 31 December 2025
Currency : Rp and USD
In Million Rupiah ∆EVE ∆NII
Period December 2025 December 2024 December 2025 December 2024
Parallel up 2,153,854 702,858 995,554 756,153
Parallel down -3,185,518 -997,238 -1,331,926 -1,268,297
Steepener 1,988,957 818,206
Flattener -1,423,895 -579,421
Short rate up -15,944 -118,990
Short rate down -72,302 51,719
Negative Maximum Value (absolute) 3,185,518 997,238 1,331,926 1,268,297
Tier 1 Capital (for ΔEVE) or Projected Income (for ΔNII) 52,851,435 48,038,315 12,210,672 13,353,900
Maximum Value divided by Tier 1 Capital (for ΔEVE) 6,03% 2,08% 10,91% 9,50%
or Projected Income (ΔNII)
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Table 7.b. Quantitative Disclosure on Exposure of Interest Rate Risk in the Banking Book (IRBBB) - Bank on a
Consolidated Basis with Subsidiaries
IRRBB CALCULATION REPORT
Bank Name : PT Bank CIMB Niaga Tbk (Consolidated)
Reporting Position : 31 December 2025
Currency : Rp and USD
In Million Rupiah ∆EVE ∆NII
Period December 2025 December 2024 December 2025 December 2024
Parallel up 1,898,396 474,257 921,742 691,919
Parallel down -2,933,027 -787,468 -1,264,572 -1,214,801
Steepener 2,065,035 935,105
Flattener -1,564,634 -750,766
Short rate up -162,477 -257,751
Short rate down 72,882 184,070
Negative Maximum Value (absolute) 2,933,027 787,468 1,264,572 1,214,801
Tier 1 Capital (for ΔEVE) or Projected Income (for ΔNII) 55,655,101 50,821,659 13,179,087 14,365,418
Maximum Value divided by Tier 1 Capital (for ΔEVE) 5,27% 1,55% 9,60% 8,46%
or Projected Income (ΔNII)
Qualitative Analysis
The Bank measures and controls interest rate risk in the banking book, which arises from differences between the timing of interest rate changes and
cash flows (repricing risk), changes in the interrelationship of interest rates across multiple yield curves with different positions that affect the Bank’s
activities (basis risk), changes in the interrelationship of interest rates across maturity ranges (yield curve risk), and interest rates related to options
embedded in banking book products (option risk). The Bank measures interest rate risk exposure from both a revenue and economic perspective
under a range of possible potential interest rate scenarios, including stress conditions.
The Bank has IRRBB policies and procedures, including mitigation strategies to support the implementation of interest rate risk management. ALM
Risk performs internal control functions over interest rate risk in the banking book, namely by monitoring IRRBB exposures that must comply with
the Bank’s limits and risk appetite using the EVE measurement method. CBSM Finance performs the function of measuring NII based on the Bank’s
internal projections.
IRRBB calculations are carried out monthly, taking into account the provisions stipulated in OJK Circular Letter No. 12/SEOJK.03/2018 concerning
guidelines for measuring risk using a standard approach for interest rate risk in the banking book for commercial banks. Sensitivity to IRRBB is
measured using the interest rate sensitivity factor, which is a more detailed and technical proxy for managing IRRBB exposure.
The interest rate shock scenarios used in calculating IRRBB using the EVE method include 6 (six) scenarios: parallel up, parallel down, steepener,
flattener, short rate up, and short rate down. Meanwhile, the calculation using the NII method uses two scenarios: parallel up and parallel down.
In managing interest rate risk, the Bank has several options. The Bank can naturally hedge their long-position assets through bond issuances or sell
time deposits with longer tenors (1 year). Furthermore, banks can hedge their IRRBB through various mechanisms, including interest rate swap (IRS)
transactions, where the value and tenor of the risk transacted resemble the exposure value in the banking book. The accounting treatment for these
transactions refers to applicable accounting regulations.
In the calculation of ∆EVE and ∆NII, commercial margin or spread components have been taken into account in the cash flow and the discount interest
rate used is based on the risk-free curve.
Non-Maturing Deposits (NMD) include current account and savings account products, where the behavioral characteristics of NMD are influenced by
customer groups, such as retail and wholesale. The average repricing maturity is determined based on historical balance analysis and sensitivity to
interest rate pricing, while also considering caps on the proportion and average term of core deposits, in accordance with the JK Circular Letter (SEOJK)
on the Risk-Reduction Reduction (IRRBB).
The methodology used to estimate the prepayment rate for loans is based on a simple average of historical monthly prepayments against the total
portfolio value over the past 12 (twelve) months. However, the prepayment risk of the credit portfolio is relatively immaterial due to inherent mitigation
measures, such as significant penalty fines.
The same applies to early withdrawals from time deposits, where mitigation measures are in place to minimize the early withdrawal rate. The impact
of these early withdrawals is minimal on the IRRBB because the majority of time deposits have short tenors (1 month).
The calculation of the total ∆EVE and ∆NII is the result of aggregation across currencies that are categorized as significant currencies. Currently, there
are Rupiah and U.S. Dollar currencies which are included in the significant currency category.
Quantitative Analysis
The average repricing maturity period applied to Core Non-Maturing Deposits (NMDs) is 3.5 years for both Wholesale and Retail segments.
The longest repricing maturity period applied to Non-Maturing Deposits (NMDs) is 5 years.
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Liquidity Risk
Liquidity risk refers to the risk that arises from the Bank’s FUNDING STRATEGY
inability to meet maturing liabilities from cash flow The Bank prioritizes the growth of low-cost and stable
funding and/or high-quality liquid assets that can be third-party funds like savings and current accounts.
liquidated and/or pledged without disrupting the Bank’s This strategy will gradually increase core funding and
financial activities. The Bank has established a liquidity fee-based income from customers operational and
risk management framework that includes policies, transactional activities, providing the Bank with a solid
procedures, risklimit measurement and monitoring, and long-term balance sheet structure.
along with the implementation governance. The liquidity
risk unit carries out control, monitoring, and escalation RISK MANAGEMENT PROCESS
functions for liquidity risk management independently. The Bank manages liquidity risk through a series of
Liquidity management, including strategy and planning, processes, starting with identification, measurement,
is conducted together with the Treasury Directorate/ monitoring, and control, in accordance with the
related Business Units and the Finance Directorate based functions established in risk management for both on-
on the mandate from the Asset Liability Committee balance sheet and off-balance sheet exposures. Whether
(ALCO). originating from internal liquidity risk factors or external
liquidity risk factors. Active participation in the launch of
GOVERNANCE new products aims to identify potential liquidity risks that
The Bank implements liquidity risk management may arise, along with the necessary mitigation measures.
governance with 3 (three) lines of defense strategy that
involves related business units, Risk Management Units, Liquidity risk is measured through several indicators,
and internal audits. both internal and regulatory. Internal measurements
use indicators such as the Liquidity Gap (monitoring
The Board of Directors manages the Bank’s balance net cash flow) in both normal and crisis conditions,
sheet through the Asset Liability Committee (ALCO), by as well as regulatory indicators like the LCR and NSFR.
observing liquidity risk in accordance with the acceptable Additional indicators, such as Deposit Concentration
risk limits, and optimizes the Bank’s performance through and Dependence on Short-Term Interbank Funds,
Net Interest Income. Liquidity risk control are also complement the liquidity risk monitoring.
submitted to the Risk Oversight Committee (ROC), which
serves as the Board of Commissioners’ active supervisory In performing liquidity risk management, the Bank
function. The Board of Commissioners plays an active is supported by a robust ALM Risk system and
role in approving the Liquidity Risk Management Policy, infrastructure, resulting in more comprehensive and up-
which includes the Contingency Funding Plan. to-date information, enabling more accurate and timely
risk management. This system consolidates all required
POLICIES, PROCEDURES, AND data from the core banking system with strong data
ESTABLISHMENT OF LIMITS quality and integrity.
In performing liquidity risk management function, the
Bank has adequate liquidity risk management policies
and procedures, including the Liquidity Risk Management
Policy, Escalation Procedures, Indicator Calculation
Methodology, and Liquidity Funding Contingency Plan.
During the monitoring activity, Limit Boundaries are
established in the form of Risk Limits (Risk Tolerance,
Risk Appetite), which are then supplemented with an
escalation mechanism for all monitoring indicators.
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CONTINGENCY FUNDING PLAN sheet management strategy, such as undrawn or Bank
Contingency Funding Plan (CFP) is an integral component commitments to other parties, as well as qualitative
of the Bank’s Liquidity Risk Management Policy, serving strategies that Senior Management can utilize during a
as a set of procedures and operational guidelines to be liquidity crisis. The CFP document is part of the Bank’s
implemented when the Bank faces crisis conditions. On a Recovery Plan Document, which is a document that
regular basis, the Bank conducts CFP testing using crisis provides broader crisis management measures, including
scenarios with the objective of enhancing risk awareness but not limited to improving the Bank’s capital adequacy.
and strengthening the readiness of senior management
in carrying out their duties and responsibilities when ILAAP (Internal Liquidity Adequacy
facing funding crisis conditions. The Bank’s Senior Assessment Process)
Management must be able to respond the crisis scenario With the issuance of OJK Circular Letter
and decide on anticipatory and corrective measures in a No. 26/SEOJK.03/2025 concerning the Internal Liquidity
timely manner for the scenario events. Adequacy Assessment Process for Commercial Banks,
which is a continuation of the Regulator’s LCR and
The CFP document outlines the measures to be taken by NSFR reporting, the Bank has prepared itself to meet
the Bank in the form of assets, liabilities, and off-balance both qualitative and quantitative aspects of the ILAAP
requirements.
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Table 8.a. Quantitative Disclosure of LCR (Bank Only and Consolidated)
CALCULATION REPORT
REQUIREMENT TO MEET THE QUARTERLY LIQUIDITY COVERAGE RATIO
Bank Name : PT Bank CIMB Niaga Tbk
Reporting Position : 31 December 2025
INDIVIDUAL
December 2025
No: Component HQLA value after haircut or
Outstanding liabilities and
Value Asset/Liabilities commitments multiplied by
and Commitment and run-off rate or Contractual
Contingent billing value multiplied by
inflow rate
1 Number of data for average calculation 65 points of daily and
month end average
HIGH QUALITY LIQUID ASSET (HQLA)
2 Total High Quality Liquid Asset (HQLA) 116,418,355
CASH OUTFLOWS
3 Individual Deposit and SME Deposit, consisting of:
a. Stable Deposits 57,008,869 2,850,443
b. Unstable Deposits 30,979,121 3,097,912
4 Wholesale Deposit, consisting of:
a. Operational deposits 51,435,901 12,018,018
b. Non-operational deposits and/or liabilities which are non operational 78,968,327 39,983,273
c. bonds issued (unsecured) 23,077 23,077
5 Secured funding 586,093 -
6 Additional requirement cash outflow, consisting of;
a. derivative cash outflow 34,602,217 34,602,217
b. cash outflow due to an increased in liquidity demand - -
c. cash outflow due to loss of funding - -
d. cash outflow due to withdrawal from credit facility and liquidity facility 17,976,577 1,914,713
e. cash outflow due to contractual obligation on channeling funds - -
f. cash outflow due to contingency 76,991,193 168,466
g. contractual cash outflow 731,951 731,951
7 TOTAL CASH OUTFLOWS 95,390,071
CASH INFLOWS
8 Deposit with Secured lending collateral 1,452,029 -
9 Inflows from fully performing exposures 9,454,479 3,875,071
10 Contractual cash inflow 35,682,343 35,089,124
11 TOTAL CASH INFLOWS 46,588,852 38,964,195
TOTAL ADJUSTED VALUE1
12 TOTAL HQLA 116,418,355
13 TOTAL NET CASH OUTFLOWS 56,425,877
14 LCR (%) 206.32%
¹ Adjusted value was calculated after haircut, run-off rate and inflow rate also limit maximum for HQLA, such as max. HQLA Level 2B and Level 2. Threshold for maximum inflow
that can be recognized is 75% from outflow also has been considered.
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(in million Rupiah)
CONSOLIDATED
September 2025 December 2025 September 2025
HQLA value after haircut or HQLA value after haircut or HQLA value after haircut or
Outstanding liabilities and Outstanding liabilities and Outstanding liabilities and
Value Asset/Liabilities Value Asset/Liabilities Value Asset/Liabilities
commitments multiplied by commitments multiplied by commitments multiplied by
and Commitment and and Commitment and and Commitment and
run-off rate or Contractual run-off rate or Contractual run-off rate or Contractual
Contingent Contingent Contingent
billing value multiplied by billing value multiplied by billing value multiplied by
inflow rate inflow rate inflow rate
65 points of daily and 68 points of daily and 68 points of daily and
month end average month end average month end average
101,780,942 116,509,990 101,872,881
56,579,430 2,828,971 57,008,869 2,850,443 56,579,430 2,828,971
30,227,823 3,022,782 30,979,121 3,097,912 30,227,823 3,022,782
57,128,226 13,418,040 51,435,901 12,018,018 57,128,226 13,418,040
61,907,990 31,309,248 78,188,353 39,203,299 61,328,376 30,729,633
- - 23,077 23,077 - -
5,031,594 - 586,093 - 5,031,594 -
31,169,145 31,169,145 34,602,217 34,602,217 31,169,145 31,169,145
- - - - - -
- - - - - -
16,990,504 1,797,221 17,976,577 1,914,713 16,990,504 1,797,221
- - 1,620,001 1,620,001 1,159,736 1,159,736
78,851,788 158,339 76,991,193 168,466 78,851,788 158,339
565,588 565,588 804,929 804,929 617,591 617,591
84,269,335 96,303,076 84,901,460
76,178 - 1,452,029 - 76,178 -
8,790,660 3,908,101 9,805,362 4,045,630 9,172,536 4,103,519
32,195,007 31,676,785 35,682,343 35,089,124 32,195,007 31,676,785
41,061,845 35,584,886 46,939,735 39,134,754 41,443,721 35,780,304
TOTAL ADJUSTED VALUE1 TOTAL ADJUSTED VALUE1 TOTAL ADJUSTED VALUE1
101,780,942 116,509,990 101,872,881
48,684,449 57,168,323 49,121,156
209.06% 203.80% 207.39%
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Individual Analysis
CIMB Niaga consistently maintains its LCR above the limits set by the regulator (OJK) and adheres to regulatory requirements. This liquidity ratio
is monitored intensively, both through daily reports prepared by the SKMR team to Management and through discussions at ALCO meetings.
To calculate the average LCR for Q4 2025 Individual, we used 65 daily data points for each LCR component, which were then averaged and
incorporated into the LCR calculation formula. In Q4 2025, the average LCR for Individual was 206.32%, a decrease of 2.74% compared to the
average LCR for Q3 2025 of 209.06%.
This decrease in the average LCR was influenced by an increase in the weighted average value of Net Cash Outflow, which, as a percentage, was
greater than the increase in the weighted average value of HQLA compared to the previous position, although in nominal terms, the increase in
the weighted average value of HQLA was greater than the increase in the weighted average value of Net Cash Outflow. The weighted average
HQLA increased by 14.38%, or eq. Rp14.64 trillion, primarily due to an increase in average placements with Bank Indonesia of eq. Rp8.70 trillion
and government bonds of eq. Rp6.25 trillion. However, there was a decrease in average cash and cash equivalents of eq. Rp362 billion, which
restrained the increase in HQLA. This increase in average HQLA was supported by an increase in average public deposits of eq. Rp17.51 trillion,
which was also allocated to cover average interbank loans of eq. Rp1.83 trillion and to support an increase in disbursed loans of eq. Rp1.70
trillion.
Average net outflows in the fourth quarter of 2025 increased by 15.90%, or eq. Rp7.74 trillion. This increase was driven by an increase in average
Public Deposits of approximately Rp17.51 trillion, which automatically increased Bank Cash Outflow in the LCR calculation. This increase was
contributed by Deposits from Other Entities or deposits from other Financial Institutions, which have a 100% weighting of approximately
Rp3.08 trillion, as well as average Corporate Deposits of approximately Rp11.37 trillion, or approximately Rp7.27 trillion after weighting.
Individual and MSME customers also increased, with an average increase of approximately Rp1.18 trillion, or approximately Rp97 billion after
weighting. Furthermore, an increase also occurred in the average long-term time deposit with a remaining maturity of more than 30 days, or
Qualifying Term Deposits (QTD), of approximately Rp3.42 trillion, but this component is excluded from the LCR calculation.
In terms of Cash Inflow, there was a decrease in the average Receivables (Cash Inflow from Disbursed Loans) from each Counterparty by
approximately IDR 33 billion after weighting, although before weighting, this figure increased by approximately IDR 663 billion. This was due to
a decrease in cash inflow from loans disbursed to Financial Services Institutions, despite an increase in other customer criteria.
The Bank continues to develop mobile banking products (OCTO Mobile, OCTO BizChannel, OCTO Clicks, and others) aimed at improving
account transactions. One of these features is the ability to open Savings and Deposit accounts through mobile banking, allowing customers to
conduct banking activities easily and securely. The Bank provides education and offers a variety of funding/deposit products with longer tenors.
This development is expected to continue to increase stable and long-term deposit growth.
Optimal Asset and Liability Management is carried out while adhering to the Liquidity Risk Management framework implemented by
Management through the Risk Management Work Unit, adhering to prudent principles. This aligns with the Bank’s consistently maintained
guidelines, which emphasize that customer interests are a priority and that trust is a key asset. CIMB Niaga continues to develop superior
products and services that meet the needs of the community. This aims to ensure that CIMB Niaga remains the bank of choice for the public.
CIMB Niaga also continually strives to refine and enhance its e-channel features, making it easier for customers to conduct transactions
independently while maintaining security.
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Consolidated Analysis
The quarterly average consolidated LCR is calculated using the same method as the Bank Only average LCR, but with the addition of three
end-of-month LCR components from subsidiaries. In the monthly consolidated LCR calculation, subsidiary data is only used at the end of the
month. This is because subsidiaries are not specifically required to calculate LCR by the Regulator. Furthermore, the Consolidated LCR is largely
driven by movements within the parent company, as subsidiaries are relatively small in terms of asset size compared to the parent company
or Bank Only.
In line with the increase in the average individual LCR, the consolidated LCR for the fourth quarter of 2025 was 203.80%, a 3.59% decrease
compared to 207.39% in the previous quarter. This decrease was primarily due to movements in the Bank’s individual LCR. Compared to the
average individual LCR, the addition of the subsidiary component resulted in a 2.52% decrease in the average consolidated LCR for the fourth
quarter of 2025. This is because the two subsidiaries are not required to manage large amounts of HQLA but rather to maintain adequate cash
inflows and outflows. The liabilities managed are mostly in the form of working capital loans with varying maturities, which are then disbursed
as loans to end users with maturities of more than one month. This results in the resulting LCR in the consolidated calculation being lower
than the individual LCR.
Individually, the subsidiaries are supervised and monitored separately by the regulator using established indicators in accordance with their
business models. The parent company consistently ensures that the subsidiaries comply with the provisions set by the regulator and in
accordance with applicable regulations.
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Table 8.b.1. Quantitative Disclosure of NSFR - Bank Only
NSFR REPORT
Bank Name : PT Bank CIMB Niaga Tbk (Bank Only)
Reporting Position : 31 December 2025
September 2025
Carrying Value Based on Remaining Maturity
No. ASF Component
≥ 6 months -
Non-Maturing1 < 6 months
< 1 year
1 Capital: 56,217,665 75,000 -
2 Capital based on Regulator Requirement: 56,217,665 75,000 -
3 Other capital instruments - - -
4 Deposit from Retail and SME 71,073,243 47,340,970 5,258,163
5 Stable deposits 51,920,200 11,836,862 777,542
6 Less stable deposits 19,153,043 35,504,109 4,480,621
7 Deposit from Wholesale 95,620,453 45,768,604 763,736
8 Operational deposits 47,621,975,46 - -
9 Other Deposit 47,998,477,41 45,768,604 763,736
10 Liabililties that have interdependent asset pairs - 1,189,256 -
11 Liabilities and other equity: 1,695,332 18,933,108 -
12 NSFR liabilities derivative - -
13 Equity and other liabilities that do not fall into the above categories 1,695,332 18,933,108 -
14 Total ASF
RSF Component
15 Total HQLA for the calculation of NSFR
16 Deposits on other financial institutions for operational purposes 5,637,295 - -
17 Loans with Current and Special Performance (performing) - 31,794,805 19,227,279
18 to financial institutions that are guaranteed with Level 1 HQLA - - 726,336
19 to a guaranteed financial institution not with HQLA Level 1 and a loan to an - 5,299,805 940,906
unsecured financial institution
20 to non-financial corporations, retail customers and micro and small business - 23,647,638 12,384,421
customers, the central government, the governments of other countries, Bank
Indonesia, central banks of other countries and public sector entities, including:
21 qualify for a weighted risk of 35% or less, in accordance with SE OJK ATMR for - 194,360 184,758
Credit Risk
22 Unsecured home mortgage loans, which include: - 869,723 902,318
23 qualify for a weighted risk of 35% or less, in accordance with SE OJK ATMR for - 1,279,416 1,307,768
Credit Risk
24 Securities with Current and Undercurrent (performing) categories that are not being - 503,863 2,780,772
pledged, do not default, and are not included as HQLA, including exchange-traded
shares
25 Assets that have interdependent liability pairs - - -
26 Other assets: - 6,044,191 196,146
27 Physical commodities traded, including gold -
28 Cash, securities and other assets recorded as an initial margin for derivative - -
contracts and cash or other assets that are deposited as default funds at central
counterparty (CCP)
29 NSFR asset derivative - -
30 NSFR liability of derivative before deducting with variation margin - -
31 All other assets that do not fall into the above categories - 5,878,616 196,146
32 Administrative Account - - -
33 Total RSF
34 Net Stable Funding Ratio (%)
¹ Components reported in the non-term category are components that do not have a contractual period, including:
Permanent (perpetual) capital instruments, short positions, open maturity positions, demand deposits, equity that are not included in the HQLA and commodity categories
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(in million Rupiah)
December 2025
Ref. No. from
Carrying Value Based on Remaining Maturity
Total Weighted Total Weighted NSFR Working
Value ≥ 6 months - Value Sheet
≥ 1 year Non-Maturing1 < 6 months ≥ 1 year
< 1 year
- 56,217,665 58,208,538 - - - 58,208,538
- 56,217,665 58,208,538 - - - 58,208,538 1.1, 1.2
- - - - - - - 1.3
15,976,397 130,508,265 72,534,332 46,284,553 3,785,528 16,826,311 130,420,446 2, 3
519,946 61,827,819 52,902,340 11,419,429 681,509 482,113 62,235,227 2.1, 3.1
15,456,451 68,680,446 19,631,991 34,865,124 3,104,019 16,344,198 68,185,219 2.2, 3.2
1,674,509 44,144,734 96,941,303 41,117,389 674,385 1,779,275 41,743,490 4
- 23,810,988 49,688,972 - - - 24,844,486 4.1
1,674,509 20,333,747 47,252,331 41,117,389 674,385 1,779,275 16,899,004 4.2
- - - 11,514,958 - - - 5
- 1,695,332 1,394,469 12,635,799 - - 1,394,469 6
- - - - 6.1
- 1,695,332 1,394,469 12,635,799 - - 1,394,469 6.2 s.d. 6.5
232,565,997 231,766,943 7
4,600,308 4,057,567 1
- 2,818,647 1,712,228 - - - 856,114 2
169,832,001 162,086,075 - 35,514,384 22,815,114 176,976,069 170,875,051 3
- 363,168 - 998,195 - - 99,819 3.1.1
8,401,926 9,667,350 - 5,037,861 1,001,368 10,640,306 11,896,669 3.1.2, 3.1.3
120,470,879 117,033,173 - 25,996,514 16,893,989 124,679,337 123,052,039 3.1.4.2, 3.1.5,
3.1.6
1,962,281 1,465,042 - 196,206 184,178 1,923,601 1,440,532 3.1.4.1
16,921,081 15,268,940 - 889,961 911,933 17,039,912 15,384,872 3.1.7.2
17,059,821 12,382,475 - 1,287,896 1,307,613 16,987,526 12,339,646 3.1.7.1
5,016,013 5,905,928 - 1,107,751 2,516,034 5,705,388 6,661,472 3.2
- - - - - - - 4
29,311,767 29,838,740 - 8,457,619 194,007 23,973,479 24,572,137 5
- - - 5.1
- - - - - - 5.2
165,575 165,575 249,438 249,438 5.3
- - - - - - 5.4
29,311,767 29,673,165 - 8,208,181 194,007 23,973,479 24,322,699 5.5 s.d. 5.12
114,203,191 1,199,121,94 - 114,311,453 1,253,384 12
200,542,892 201,614,253 13
115.97% 114.96% 14
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Performance Management Company Management Risk
Highlights Reports Profile Discussion & Analysis Management
Individual Analysis
CIMB Niaga Bank’s NSFR as of December 2025 was 114.96%, down 1.01% compared to 115.97% in September 2025. CIMB Niaga’s NSFR remains
above the regulatory threshold.
Main factors influencing the NSFR calculation:
The decrease in the NSFR in December 2025 compared to September 2025 was due to an increase in the RSF value, while the ASF decreased.
ASF decreased by 0.34%, or eq. Rp799 billion after weighting, while RSF increased by 0.53%, or eq. Rp1.07 trillion after weighting.
ASF Movement:
The main components contributing to the decrease in ASF include:
1. Decrease in Deposits from Corporate Customers by eq. Rp3.31 trillion (eq. Rp2.40 trillion after weighting). The decline was dominated by
Non-Operational Deposits, which decreased by eq. Rp5.38 trillion or eq. Rp3.43 trillion after weighting, mostly in the form of Time Deposits
from Non-Financial Corporate Customers. However, this decline was offset by an increase in Operational Deposits of eq. Rp2.07 trillion or
eq. Rp1.03 trillion after weighting.
2. A decrease in total Other Liabilities, consisting of the Deferred Tax Liabilities component (ASF weighting 100%), amounted to eq. Rp301
billion.
3. A decrease in total Deposits from Individual and MSME Customers by eq. Rp218 billion (eq. Rp88 billion after weighting), mostly from Less
Stable Deposits, specifically from Individual Customers.
However, the ASF decline was offset by an increase in Tier 1 and Tier 2 Capital components, totaling eq. Rp1.99 trillion.
348 PT BANK CIMB NIAGA TBK 2025 Annual Report
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Individual Analysis
RSF Movement:
Components contributing to the increase in RSF include:
1. An increase in total Loans Disbursed to Non-Financial Institutions by eq. Rp 8.88 trillion (eq. Rp 5.94 trillion after weighting).
2. An increase in total Loans Disbursed to Financial Institutions by eq. Rp 2.04 trillion (eq. Rp 2.23 trillion after weighting).
3. An increase in total Non-HQLA Securities by eq. Rp 1.03 trillion (eq. Rp 756 trillion after weighting).
However, the increase in RSF was offset by decreases in the following components:
1. A decrease in total Other Assets by eq. Rp 5.27 trillion after weighting, mostly contributed by Miscellaneous Receivables with a weighting of
100%.
2. A decrease in total Deposits with Other Banks for Operational Purposes by eq. Rp 3.93 trillion (eq. Rp 1.96 trillion after weighting).
3. A decrease in total HQLA of eq. Rp 5.49 trillion (eq. Rp 543 billion after weighting), largely contributed by a decrease in the total amount of
Level 1 HQLA Securities subject to repurchase.
Optimal asset and liability management is carried out while adhering to the Liquidity Risk Management framework implemented by
management through the Risk Management Work Unit, adhering to prudent principles.
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Table 8.b.2. Quantitative Disclosure of NSFR - Bank with Subsidiaries
NSFR REPORT
Bank Name : PT Bank CIMB Niaga Tbk (Bank & Subsidiaries)
Reporting Position : 31 December 2025
September 2025
Carrying Value Based on Remaining Maturity
No. ASF Component
≥ 6 months -
Non-Maturing1 < 6 months
< 1 year
1 Capital: 58,502,758 75,000 -
2 Capital based on Regulator Requirement: 58,502,758 75,000 -
3 Other capital instruments - - -
4 Deposit from Retail and SME 71,073,243 47,340,970 5,258,163
5 Stable deposits 51,920,200 11,836,862 777,542
6 Less stable deposits 19,153,043 35,504,109 4,480,621
7 Deposit from Wholesale 95,040,992 47,414,708 1,429,175
8 Operational deposits 47,042,514,91 - -
9 Other Deposit 47,998,477,41 47,414,708 1,429,175
10 Liabililties that have interdependent asset pairs - 1,189,256 -
11 Liabilities and other equity: 1,695,332 20,231,011 -
12 NSFR liabilities derivative - -
13 Equity and other liabilities that do not fall into the above categories 1,695,332 20,231,011 -
14 Total ASF
RSF Component
15 Total HQLA for the calculation of NSFR
16 Deposits on other financial institutions for operational purposes 4,826,829 - -
17 Loans with Current and Special Performance (performing) - 33,264,310 20,102,970
18 to financial institutions that are guaranteed with Level 1 HQLA - - 726,336
19 to a guaranteed financial institution not with HQLA Level 1 and a loan to an - 5,049,805 258,494
unsecured financial institution
20 to non-financial corporations, retail customers and micro and small business - 25,367,143 13,942,524
customers, the central government, the governments of other countries, Bank
Indonesia, central banks of other countries and public sector entities, including:
21 qualify for a weighted risk of 35% or less, in accordance with SE OJK ATMR for - 194,360 184,758
Credit Risk
22 Unsecured home mortgage loans, which include: - 869,723 902,318
23 qualify for a weighted risk of 35% or less, in accordance with SE OJK ATMR for - 1,279,416 1,307,768
Credit Risk
24 Securities with Current and Undercurrent (performing) categories that are not being - 503,863 2,780,772
pledged, do not default, and are not included as HQLA, including exchange-traded
shares
25 Assets that have interdependent liability pairs - - -
26 Other assets: - 6,073,226 223,970
27 Physical commodities traded, including gold -
28 Cash, securities and other assets recorded as an initial margin for derivative - -
contracts and cash or other assets that are deposited as default funds at central
counterparty (CCP)
29 NSFR asset derivative - -
30 NSFR liability of derivative before deducting with variation margin - -
31 All other assets that do not fall into the above categories - 5,907,652 223,970
32 Administrative Account - - -
33 Total RSF
34 Net Stable Funding Ratio (%)
¹ Components reported in the non-term category are components that do not have a contractual period, including:
Permanent (perpetual) capital instruments, short positions, open maturity positions, demand deposits, equity that are not included in the HQLA and commodity categories
350 PT BANK CIMB NIAGA TBK 2025 Annual Report
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(in million Rupiah)
December 2025
Ref. No. from
Carrying Value Based on Remaining Maturity
Total Weighted Total Weighted NSFR Working
Value ≥ 6 months - Value Sheet
≥ 1 year Non-Maturing1 < 6 months ≥ 1 year
< 1 year
- 58,502,758 60,434,725 - - - 60,434,725
- 58,502,758 60,434,725 - - - 60,434,725 1.1, 1.2
- - - - - - - 1,3
15,976,397 130,508,265 72,534,332 46,284,553 3,785,528 16,826,311 130,420,446 2, 3
519,946 61,827,819 52,902,340 11,419,429 681,509 482,113 62,235,227 2.1, 3.1
15,456,451 68,680,446 19,631,991 34,865,124 3,104,019 16,344,198 68,185,219 2.2, 3.2
4,019,127 46,532,342 95,976,906 43,071,612 1,319,087 3,896,761 43,701,129 4
- 23,521,257 48,724,575 - - - 24,362,287 4.1
4,019,127 23,011,085 47,252,331 43,071,612 1,319,087 3,896,761 19,338,841 4.2
- - - 11,514,958 - - - 5
1,954,917 3,650,249 1,394,469 16,046,766 - 1,310,225 2,704,694 6
- - - - 6.1
1,954,917 3,650,249 1,394,469 16,046,766 - 1,310,225 2,704,694 6.2 s.d. 6.5
239,193,615 237,260,993 7
4,600,308 4,057,567 1
- 2,413,414 2,511,742 - - - 1,255,871 2
176,868,522 169,302,217 - 36,851,913 24,293,420 183,519,948 177,960,065 3
- 363,168 - 998,195 - - 99,819 3.1.1
8,235,260 9,121,977 - 4,709,861 944,231 10,640,305 11,818,900 3.1.2, 3.1.3
127,674,067 124,794,686 - 27,662,043 18,429,432 131,223,216 130,214,823 3.1.4.2, 3.1.5,
3.1.6
1,962,281 1,465,042 - 196,206 184,178 1,923,601 1,440,532 3.1.4.1
16,921,081 15,268,940 - 889,961 911,933 17,039,912 15,384,872 3.1.7.2
17,059,821 12,382,475 - 1,287,896 1,307,613 16,987,526 12,339,646 3.1.7.1
5,016,013 5,905,928 - 1,107,751 2,516,034 5,705,388 6,661,472 3.2
- - - - - - - 4
30,320,264 30,904,096 - 8,486,447 220,162 24,458,519 25,112,160 5
- - - 5.1
- - - - 5.2
165,575 165,575 249,438 249,438 5.3
- - - - 5.4
30,320,264 30,738,521 - 8,237,009 220,162 24,458,519 24,862,722 5.5 s.d. 5.12
102,052,889 855,580,05 - 77,002,244 1,253,384 12
208,419,157 209,639,047 13
114.77% 113.18% 14
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Highlights Reports Profile Discussion & Analysis Management
Consolidated Analysis
CIMB Niaga’s Consolidated NSFR as of December 2025 was 113.18%, a decrease of 1.59% compared to 114.77% in September 2025. CIMB Niaga
Bank’s NSFR remains above the regulatory threshold.
Main factors influencing the NSFR calculation:
The decrease in the Consolidated NSFR in December 2025 compared to September 2025 was due to a decrease in the Consolidated ASF value,
while the Consolidated RSF value increased. Consolidated ASF decreased by 0.81%, or eq. Rp1.93 trillion, while Consolidated RSF increased by
0.59%, or eq. Rp1.22 trillion. This decrease in the Consolidated NSFR also aligns with the decline in the Bank’s Individual NSFR, which decreased
by 1.01% for the same period.
ASF Movement:
The majority of the movement in the Consolidated ASF occurred at the Parent Company. Subsidiaries’ contributions to the Consolidated ASF
were in the form of a decrease in Deposits from other banks with maturities >1 year, which contributed to a decrease in the Consolidated ASF
of approximately Rp238 billion after weighting.
RSF Movement:
Similar to ASF, the majority of the movement in the Consolidated RSF also occurred at the Parent Company. Subsidiaries contributed to
the total RSF in the form of Disbursed Loans, particularly car ownership loans to end users, both individuals and non-individuals, totaling
approximately Rp9.91 trillion.
The impact of the Consolidated calculation on the Individual calculation was a decrease of 1.78%, with the Individual NSFR as of December 2025
recorded at 114.96%, while the Consolidated NSFR was at 113.18%. This was due to the subsidiaries, particularly CNAF, disbursing numerous
loans to end users, which were obtained from the increase in total funding received by CNAF from other banks. This is because subsidiaries
with multifinance and securities businesses are not required to maintain individual NSFR figures, which will result in a decrease in the NSFR
calculation when consolidated.
The parent company, in this case the bank, is supervised separately by the regulator, while its subsidiaries comply with applicable regulations
and are supervised separately by the regulator. The parent company continues to develop mobile banking products (OCTO Mobile), including
features for opening savings and investment products through OCTO Mobile, allowing customers to conduct their banking activities easily and
securely.
Optimal asset and liability management is carried out while adhering to the Liquidity Risk Management framework implemented by
management through the Risk Management Work Unit, adhering to prudent principles.
Table 8.c. Quantitative disclosure – Encumbered Assets (Encumbrance)
a b c d
(in million Rupiah) Assets held or in Unencumbered
Encumbered contract with the Total
Assets Assets
central bank
Cash and Cash Equivalent - - 3,625,779 3,625,779
Placement with Bank Indonesia - 22,909,318 - 22,909,318
Marketable Securities (HQLA Level 1) 11,352,611 - 64,252,078 75,604,688
Corporate Securities (HQLA Level 2a and 2b) - - 2,319,466 2,319,466
Qualitative Analysis
Significant changes in the December 2025 position compared to December 2024 position include:
a. There was an increase in total placements with Bank Indonesia of eq. Rp 8.08 trillion.
b. On the other hand, there was a decrease in the Level 1 HQLA Securities component of eq. Rp 11.82 trillion, while the total Level 1 HQLA
Securities underlying Repo transactions did not experience a significant change. Furthermore, there was a decrease in Level 2 HQLA
Securities (2A and 2B) of eq. Rp 420 billion.
c. In addition to the above HQLA movements, there was an increase in total public deposits of eq. Rp 9.90 trillion, allocated to the growth of
total disbursed loans of eq. Rp 9.68 trillion.
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Operational Risks
CIMB Niaga implements comprehensive operational risk
management with the principle of prudence to support d. Optimizing the level of profit and maintaining the
adequate Governance with the aim of: Bank’s soundness level.
a. Enhancing the Bank’s ability to detect early e. Contributing to reducing the use of regulatory capital
operational risks that have the potential to cause to cover operational risks that occur.
losses that affect the Bank’s business continuity or
potentially reduce the level of customer trust in the GOVERNANCE
Bank. The Bank has established Operational Risk Committee
b. Improving the synergy with regulators to manage (ORC), which is appointed by the Board of Directors to
operational risks effectively and proactively. assist in carrying out operational risk management
responsibilities. ORC has authority over all aspects of
c. Fulfilling shareholder and stakeholder expectations operational risks, including development projects carried
so that the Bank is able to provide continuously out by Business Units/Support Units that may impact on
added value in controlling and managing operational the Bank’s operations during their implementation.
risks adequately.
In terms of implementing 3 (three) lines of defense, based
The objectives for implementing effective operational on the organization’s operational risk management, the
risk management include: Bank has established the Risk Control Unit (RCU) to assist
a. Developing a risk culture in every aspect of the Bank’s the first line of defense (business unit or support unit),
organization. which is a dedicated unit, with the head RCU has a dual
b. Developing transparency in managing the Bank’s reporting line, to both the Business or Support Director
operations. as well as reporting to the Risk Management Director and
c. Optimizing the Bank’s operations, and enabling Compliance Director.
effective and efficient decision-making.
RCU Governance Structure
Compliance Business/Support
Risk Director
Director Director
RCU: Risk Control Unit Business/Support
• Proactively manage operational & compliance (RCU) Director
risks.
• Execute an operational & compliance risk
framework.
• Increase awareness of operational &
compliance risks. Quality Assurance Designated
(QA) Compliance &
Ops. Risk Officer
(DCORO)
PT BANK CIMB NIAGA TBK 2025 Annual Report 353
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Performance Management Company Management Risk
Highlights Reports Profile Discussion & Analysis Management
POLICIES, PROCEDURES, AND • The Bank only approves new products and
ESTABLISHMENT OF LIMITS transactions, products and markets where it has
The Bank has bank-wide policies for operational risk the expertise and ability to manage risks effectively
management, which regulate the conduct of daily and proactively (for example, the ability to identify,
operations, including the Operational Risk Management measure, manage, monitor, and report the inherent
Framework Policy; Operational Risk Event and Loss Data risks and other risks related to the products and
Management Policy; Risk Control Self Assessment Policy; transactions). Each new product and service must
Control Issue Management Policy; New Product Activity be prepared comprehensively and approved by the
Policy; Significant Changes Assessment Process Policy; Committees at the Board of Directors level.
Anti-Fraud Management Policy; Business Continuity • The Bank evaluates and enhances policies and
Management Policy; Information Technology Risk procedures continuously to support operations
Management Policy; Data Management Policy, Third and risk management in all types of products and
Party Risk Management Policy, and Information Security activities.
Policy. • The Bank requires each Operational Work Unit and
activity to have comprehensive business continuity
The Bank also establishes operational procedures that procedures and have access to disaster recovery
regulate the process flow of operational activities that facilities.
must be performed by each unit, roles and responsibilities, • The Bank provides adequate levels of resources and
authority limits and boundaries, reporting and escalation systems for current business activities and future
lines, makers, checkers and approvals. These policies plans.
and procedures are reviewed and updated periodically • Risk-taking authority is granted only to employees
to build and strengthen risk culture and good corporate who have adequate skills and expertise that are in
governance. accordance with the level of risk.
• The Bank has a clear segregation of duties and
In addition to operational risk management policies and functions based on the concept of the “Four Eyes
procedures, the Bank has the following Risk Appetite: Principles” to ensure objectivity and to prevent
• Risk Appetite is adjusted to applicable regulations conflicts of interest.
and law provisions .
• The Bank conducts activities only in products, services, RISK MANAGEMENT PROCESS
and locations that have adequate infrastructure, The operational risk management process is carried out
proper controls, sufficient level of understanding across the Bank’s products, activities, processes, system,
and expertise to support effective implementation of and implemented throughout all lines of defense,
operational risk management. particularly the First Line of Defense (Business Units and
Support Units), assisted by the Risk Control Unit (RCU).
354 PT BANK CIMB NIAGA TBK 2025 Annual Report
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Risk Risk Risk Control Risk
Identification Measurement and Management Follow-Up and
Reporting
• Describe events that • Determine the probability • Risk mitigation planning • Follow up on results
impact the achievement of risk events occurring in • Review of all possibilities achieved after actions
of specific objectives of the future. that can be a source has been implemented.
the Bank’s business and • Evaluate the impact of risk of operational risk • Monitoring operational
support functions. events that are occurring. mitigation risk exposures and its
• Review various sources • Determine the level of risk, • Re-evaluation of risks if mitigation processes.
of risk. whether acceptable or not. needed and adjusting • Operational risk
• Develop a comprehensive priorities. exposure report to
list of possible scenarios • Periodic and thematic senior management,
of potential operational reviews to see committees and
risk exposures. potential control regulators.
• Categorize risks weaknesses in design
according to different and implementation.
types of operational risks. Thematic reviews can
be conducted by all
lines of defense of the
Bank, individually or
collaboratively, as an
effort to prevent and
mitigate risks.
Operational Risk Management Working Tools
Loss Event Data Risk & Control Self-
Key Risk Indicators (KRI)
Management (LEDM) Assessment (RCSA)
The process of recording and A structured approach that enables the Operational risk indicators are monitored
documenting operational risk events, 1st line to identify and assess key risks and on a regular basis to serve as an early
including the escalation process and root controls to plan appropriate corrective warning system for Business Units (BU) or
cause analysis, in an effort to improve actions to minimize risk exposure, including Supporting Units (SU) to take corrective
and mitigate risks, including lesson learnt ensuring the effectiveness of control design action on the operational risks they face.
sharing to prevent similar events from through regular testing.
recurring in the future.
Control Issue Product Implementation Significant Change
Management (CIM) Process Assessment Process (SCAP)
A systematic and structured framework Documentation process of new product The process of risk review and control of
that records, monitors and manages and activity implemented across all internal process changes, especially those
operational control issues including business units, including the adequacy of that have a significant direct effect on
overall operational risk mitigation. risk identification, measurement, control the Bank’s business continuity, aimed at
and risks mitigation, before products and optimizing the risk reward trade-off with
activities are offered to customers. the Bank’s Risk Appetite.
Operational Risk
Business Continuity
Scenario Analysis (and Anti-fraud Strategy
Management
Stress Testing)
The process of analyzing the level of The anti-fraud strategy is elaborated The Bank realizes that organizations
operational risk capital adequacy under in 4 pillars of interrelated processes, cannot avoid disruptions/disasters caused
stress conditions. Scenarios used to test namely (i) prevention, (ii) detection, (iii) by nature or humans. Damage not only
the sensitivity of operational risk faced by investigation, reporting and sanctions, affects the technological capabilities
the Bank are translated into idiosyncratic and (iv) Monitoring, Evaluation and of a Bank, but also impacts the Bank’s
scenarios and parameters, used to Follow-up which have been explained business operations, especially services
calculate the impact on economic capital in more detail in the Anti-Fraud to customers. If not handled specifically,
requirements (in addition to regulatory Management section the impact will lead to other risks such as
capital). reputational risk which can reduce the
level of customer confidence. To minimize
this, the Bank has Business Continuity
Management (BCM).
PT BANK CIMB NIAGA TBK 2025 Annual Report 355
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The operational risk management information system e. In utilizing information technology, the Bank’s
adheres to the following principles: management applies a rigorous, comprehensive,
a. The Bank uses an information system that meets the prudent, and accurate analytical process to identify
needs for effective operational risk management. The and quantify risks and ensure proper risk control
Bank’s systems and technologies are appropriate for measures are implemented to manage risk exposure.
its nature, transaction volume, and needs. f. In performing the development, procurement, and
b. A communication system that effectively distributes implementation of information technology, the
information on risk management policies, loss Bank is required to carry out control measures to
exposure, and operational performance. ensure systems and data maintain confidentiality
c. The management information system facilitates the and integrity, and facilitate in achieving the Bank’s
operational risk management process, including objectives.
risk identification, measurement, monitoring, and g. The Bank must have adequate system support and
control, as well as management decision-making. operational capacity to accommodate all business
d. The Board of Directors and management allocate activities.
resources (financial and personnel) optimally to h. The management information system must be able
support system operations, development, and to provide complete, accurate, and timely reports and
maintenance. information on operational risk exposure to facilitate
the Board of Directors’s decision-making process.
START
RCSA KRI LED NPA SCAP
• Assess Key Risk • Determine Attribute & • Root Cause Analysis • Review Risk & Control • Review Risk & Control
• Assess Key Control Threshold • Completeness of • Identify Gaps of • Identify Gaps of
• Assess Residual Risk • Determine Owner Required Information Control Design Control Design
• Regular Update the
Value
Any control weakness Any breach of Amber/ Any control gap design Any control gap design
Any mitigating action?
identified Red Threshold? unresolved? unresolved?
Yes/ Yes/ Yes/ Yes/ Yes/
End No End No End No End No End No
No No No No No
Yes Yes
Yes
Yes Yes
CIM
RCSA : Risk Control Self Assessment
Approval for Recording
KRI : Key Risk Indicator
LED : Loss Event Database
CIM : Control Issue Management
NPA : New Product Approval Monitor & Closing ShARP
SCAP : Significant Changes Assessment Process
ShARP : An Integrated System which cover all
operational risk modules END
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INTERNAL CONTROL Implementing an effective internal control system
As part of risk mitigation, to ensure the effectiveness of requires a clear separation of duties and responsibilities,
the internal control system, the Bank has implemented as well as appointment of employees who have no
a clear segregation of duties to prevent conflicts of conflicts of interest. Any issues that could potentially lead
interest. All matters that could potentially trigger a to a conflict of interest must be identified, mitigated, and
conflict of interest must be identified, minimized, and monitored independently.
monitored independently by establishing reporting lines
and clear functions in the business or support units that In terms of information technology and cyber risks
are separate from business units that perform control mitigation, an assessment of the possibility of
functions. various events/incidents, including their impact and
consequences, is conducted on a periodic basis, taking
The internal control system within the implementation of into account the factors that cause the event/incident,
operational risk management includes: such as threats, vulnerabilities, exposure, and asset
• Appropriate internal control system in alignment with value.
the type and level of inherent risk in CIMB Niaga’s
business activities. Each system’s development and implementation
• Determination of authority and responsibility for should include risk assessment and selection of risk
monitoring compliance, procedures, and limit. mitigation activities. This policy governs matters related
• Establish clear reporting lines and segregation of to Information Technology risk management, including
functions between the business/supporting units and the Risk Assessment process. Risk assessment is a
the working unit, which is responsible for the control systematic process that includes planning, preparation,
function. and assessing a system’s technological risks, as well as
• Organizational structure that clearly describes the determining controls/mitigation strategies.
Bank’s business activities.
• Adequate procedures to ensure Bank compliance IT risk management is carried out by considering the
with applicable laws and regulations. following:
• Effective, independent, and objective review of the 1. Availability of an Information Technology Risk
Bank’s operational activity assessment procedures. Management Policy document that is updated
• Periodic and continuous verification and review periodically.
of the Bank’s remediation efforts in addressing 2. Availability of an IT risk library applicable to the
vulnerabilities and deviations that occur. situation and constantly updated according to the
results of the IT risk assessment.
An effective internal control system requires the 3. Risk identification has been carried out periodically
establishment of an appropriate control structure, which to ensure appropriate risk mitigation for security
describes control activities at each business level. This threats and vulnerabilities.
includes a review by Top Level Management; appropriate 4. Ensuring that any identified risks have been
control activities for each section or division; monitoring documented and updated in a timely manner.
compliance limit exposure and following up on non- 5. Availability of relevant IT controls as a mitigating step
compliance; approval and authorization systems; and for risks that have been identified to minimize the
verification and reconciliation systems. risks that the Bank is exposed to in accordance with
the pre-determined Risk Appetite/Risk Tolerance.
6. Documentation of all identified IT risks and controls
in the operational risk management tools or system.
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To achieve cyber resilience, it is critical for the Bank to understand the phases of a cyber-attack, to determine the
controls that need to be implemented to manage each type of attack. The cyber-attack phase, also known as the Cyber
Kill Chain, consists of 7 (seven) stages, as follows:
7
6 After the entire
network is
5 In this phase, the
attacker prepares
controlled, the
attacker will
carry out his
4 The process
of installing
to take control of
the entire target
network (not just
main goal in this
cyber-attack, for
example: data
3
specific a specific system/
By using a pre- theft, money
malware into application as
made exploit, theft, etc.
the system/ in the previous
the attacker
2 The process
of sending the
begins to carry
out an attack
application that
is the target of
the attack.
phase).
1 prepared exploit to gain access
The process of to the attack to the system/
creating an exploit target application that
A scouting process that will specifically is the target of
performed to get an be used to attack the attack.
idea of the target of the target that
the attack. has been scouted
in the previous
phase
Command & Actions on
Reconnaisance Weaponization Delivery Exploitation Installation
Control Objectives
The Bank has possessed cyber resilience capabilities through the cyber resilience development process as follows:
Cyber Resilience Development Process
The process The process of The process of Emergency
of identifying, detecting cyber consistently response process
classifying, and threats and monitoring cyber and recovery from
prioritizing critical protecting against events. cyber incident.
business functions, cyber incidents to
information assets, ensure information
and associated cyber assets are protected.
risks.
1 2 3 4
Cyber Resilience
Anticipate Resilience Recovery Evolution
Readiness to always deal The ability to continue The ability to restore The ability to make
with undesirable events business functions in the business functions during adjustments to business
and ensure business event of an undesirable and after an adverse event. functions and support
activities and business event. function to be able to
functions can still be minimize the impact of the
carried out. occurrence of unwanted
events
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The Information Technology Risk Management Framework (including cyber risk) consists of the following 5 (five) phases:
1 2 3
Identification Protection Detection
Build a common understanding across Describe the appropriate controls to ensure Activities to identify the possibility of
the Bank regarding risk management the continuity of critical infrastructure cyber security incidents. In this phase, the
and cyber security of the Bank’s services. identification of cybersecurity incidents can
systems, functions, assets, personnel, be known early.
and data. Understanding the business
context, critical business function
support resources, and cybersecurity
risk exposures will support the
Bank in determining the focus and 4 5
prioritization of cyber resilience Response Recovery
implementation.
Activities that must be carried out in Activities that must be performed to
connection with a cybersecurity incident. manage the recovery plan to the planned
In this way, the impact of a cybersecurity service level so that services affected by
incident can be limited in an integrated a cybersecurity incident can continue to
manner. function properly.
Table 9.a. Disclosure of Operational Risk - Bank Only
(in million Rupiah)
No. Details December 2024 December 2025
1. Business Indicator Components 1,210,547,93 1,239,679,52
2. Internal Loss Multiplier Factor 1.00000000 0.70108982
3. Operational Risk Minimum Capital 1,210,547,93 869,126,69
4. Operational Risk Minimum Capital 15,131,849,13 10,864,087,88
Table 9.b. Disclosure of Operational Risk - Bank on a Consolidated Basis with Subsidiaries
(in million Rupiah)
No. Details December 2024 December 2025
1. Business Indicator Components 1,266,473,16 1,280,257,39
2. Internal Loss Multiplier Factor 1.00000000 0.699685
3. Operational Risk Minimum Capital 1,266,473,16 895,776,74
4. Operational Risk Minimum Capital 15,830,914,50 11,197,209,38
Internal Control Over Financial Reporting (ICOFR) Implementation
Bank Financial Statements and Financial Information are key elements in decision-making by management, regulators,
and stakeholders. Therefore, accuracy and integrity in the process of preparing financial statements and financial
information are essential. This is the background for the issuance of POJK No. 5 of 2024 on October 2, 2024, concerning
the Integrity of Bank Financial Reporting.
In this regard, CIMB Niaga considers that Internal Control Over Financial Reporting (ICOFR) constitutes a critical aspect
intended to provide reasonable assurance, rather than absolute assurance, that the financial statements have been
prepared reliably and are free from material misstatement, thereby offering a higher level of confidence to users of the
Financial Statements. This is due to the inherent limitations of internal control systems, which include:
1. Judgment, where the effectiveness of controls is influenced by the judgment of the control owner based on available
information.
2. Limitations of controls, where control designs can fail due to human error or failure of information technology
implementation.
3. Management override, the ability of those responsible for governance to manipulate accounting records and
prepare fictitious financial statements.
4. Collusion, where collective behavior occurs to alter financial data and/or information, which may not be detectable
by existing control designs.
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In maintaining the integrity of the Bank’s Financial • Completeness and accuracy of the contents of
Statements, the Bank has implemented the following Financial Statements and Financial Information.
basic accounting principles: • Implementation of internal controls in the Bank’s
1. The characteristics of financial information quality financial reporting process.
are relevance, reliability, and comparability. 5. The Bank has appointed a Public Accounting Firm
2. Recognition and measurement to conduct an external audit of the Bank’s financial
a. Basic assumptions include the accrual basis, statements at the Bank’s closing period or year-end
which is the assumption that transactions are period to strengthen management’s assertions about
recognized by the Bank at the time they occur, not the financial statements.
based on when cash comes in or out.
b. Recognition and measurement principles include The steps taken by the Bank in implementing ICOFR are:
historical cost, current cost, realizable value, 1. Establishing the Bank’s Financial Reporting Integrity
fair value, income recognition, and expense Policy in January 2025.
recognition. 2. Appointing the ICOFR coordinator function in
c. Constraints and timeliness. the second line, including the Risk Management
Directorate, in February 2025.
The fundamental implementation of ICOFR at the Bank 3. Entity Level Controls (ELC) or control designs built
refers to the following: at the entity level have been established and
1. The ICOFR Implementation Guide refers to the implemented top-down through the functions of
Financial Reporting Integrity Policy and SOP for Good Corporate Governance (GCG) and effective
Internal Control over Financial Reporting. risk management. The assessment of GCG and Risk-
2. The governance of the flow of information supervision, Based Bank Rating (RBBR) throughout 2025 were
approval, and escalation (including matters affecting both rated at level 2 (Sound/Adequate), reflecting
the Financial Statements) is determined collectively in the generally sound condition of the Bank and its
the form of a committee established by the Bank. ability to withstand significant negative impacts from
3. The 3 (Three) Lines of Defense principle in the changes in business conditions and other external
implementation of Internal Control over Financial factors, supported by a sound risk profile, governance
Reporting (ICOFR) implementation, profitability, and capitalization.
• The First Line refers to the business and 4. Overall, the Bank already has and implements internal
functional working units that are responsible for control designs related to the financial statement
identifying, assessing, and controlling risks, as closing process (FSCP) as one of the mitigations
well as developing and implementing policies and against the potential risk of errors or fraud that
procedures to ensure the effectiveness of controls impact financial statement misstatements, based on
related to the Bank’s financial reporting data/ dual control principle and four eyes principle, which
information. The First Line is supported by the are outlined in every internal policy and procedure of
Risk Control Unit (RCU), which is responsible for the Bank.
coordinating and monitoring risk management 5. Information Technology General Control (ITGC) refers
and compliance. to the overall controls over the systems or applications
• The Second Line provides advisory, challenge, and used by the Bank to conduct transactional processes,
feedback functions to the First Line regarding the including the adequacy of the management
design of ICOFR controls, including coordinating information system and its supporting infrastructure.
the implementation of ICOFR (coordinator) across Throughout 2025, there were no escalations of
all work units within the Bank. Operational Risk Incident Reports with a Critical rating
• The Third Line is the internal audit function, related to vulnerabilities in information systems or
which provides independent and objective risk technology that affected the Bank’s performance and
assurance and advisory services on ICOFR. financial reporting processes.
4. The Board of Directors (Senior Management) provides 6. To review the adequacy of the ICOFR control design
an attestation for every Bank Financial Publication at the process level (Process Level Control/PLC), the
Report, in accordance with their responsibilities Bank mapped the control design within the existing
for the Bank’s financial statements. The Board of RCSA to prevent errors or fraud that could impact the
Directors is responsible for: misstatement of financial reports.
• Preparation and presentation of Financial
Statements and Financial Information. In preparation for 2026, the Bank has developed a
• Conformity of the preparation and presentation sustainable ICOFR implementation roadmap, to be
of Financial Statements and Financial Information carried out in phases as follows:
with financial accounting standards and applicable
regulations regarding the recording of financial
transactions.
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1. Determining materiality and scope (scoping process) Overall, the conclusion of the results of the Internal
for Financial Statement Line Items (FSLI) considered Control over Financial Reporting implementation report
material, including identifying accounts, disclosures, as follows:
business processes, and significant systems/ 1. The control environment related to financial reporting
applications. has been implemented and can provide reasonable
2. Reviewing the adequacy of ICOFR control designs for assurance against financial statement misstatements.
significant business processes related to financial 2. The Bank has established control processes related
reporting in phases. to ICOFR, particularly for entity-level controls, general
3. Documenting ICOFR control designs and testing information technology controls, and the financial
procedures, including mapping controls to Financial report closing process, and these are deemed
Statement assertions in relation to the preparation of adequate.
a generic ICOFR RCSA, as well as the necessary testing
processes and documentation completeness.
Reputation Risk
Reputation risk arises from a decline in stakeholder GOVERNANCE
trust due to negative perceptions about the Bank. As a The Board of Commissioners and Board of Directors
result, CIMB Niaga conducts comprehensive analysis and perform the reputation risk management oversight
evaluations of all new and existing products and services. function in accordance with their authority and
The Bank uses the TARIF principles (Transparency, responsibility, in collaboration with the unit in charge
Accountability, Responsibility, Independence, and of the reputation management function, such as risk
Fairness) to guide all of its business activities, not only governance, which covers the following:
to protect its reputation but also to establish strong 1. Evaluation of current issues,
relationships with stakeholders. The Bank constantly 2. Information on news developments in the market,
monitors news coverage in both mass media and social 3. Stakeholders’ perceptions and publications from
media, including customer complaints, so that measures mass media and social media, both reader letters and
to address/anticipate any negative news that could articles,
potentially impact the Bank’s reputation can be carried 4. Customer complaints that have a significant impact
out immediately. on the Bank’s reputation.
In effectively implementing reputation risk management, As part of active oversight by the Board of Directors,
CIMB Niaga has a Sub-Directorate of Marketing, Brand the Bank has also established a Customer Experience
& Customer Experience (MBCX) through the Corporate Committee (CXC), which performs periodic supervision
Communications Group, which oversees the Bank’s regarding Customer Experience issues, particularly
reputation with the support of other units such as the handling customer complaints. Reputation risk is also one
Branding & Integrated Customers Marketing, Marketing type of risk discussed in the Operational Risk Committee
Channel & Analytics Group (for handling social media), (ORC).
Customer Experience, Insight & Protection, Customer
Experience Management & Protection Group, and the POLICIES, PROCEDURES, AND
Digital Marketing, Technology & Alliance Group (for ESTABLISHMENT OF LIMITS
handling the official CIMB Niaga website). In addition, In managing its reputation risk, CIMB Niaga has
MBCX also coordinates with the Sub-Directorate of Digital developed policies, procedures, and mechanisms to
Banking & Contact Center, Digital Banking, Branchless & enhance service quality, including handling complaints
Partnership through the Customer Care and Customer from stakeholders (customers, stakeholders, and others)
Care VIP & Media units to handle complaints from embedded in the policies.
customers and other stakeholders, including the mass
media. In case of any issues or news that may potentially impact
reputation, the Bank shall prepare Reactive Official
Statements and Frequently Asked Questions (FAQs) as
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preparation and anticipation to respond should there resolution. The Bank recognizes that customers feel more
be any questions from mass media, customers, or valued when their feedback or suggestions are heard and
stakeholders regarding the issue. considered. Such input provides positive impact, serves
as a valuable recommendation and helps distinguish
RISK MANAGEMENT PROCESS CIMB Niaga from other banks. For every complaint
Overall, the Bank continues to emphasize the importance or input received, the Bank has dedicated teams with
of reputation risk management for all employees by relevant expertise to ensure each matter is addressed
communicating the Bank’s vision and corporate values. effectively and appropriately.
As part of the reputation risk management process, the To neutralize negative sentiments that may arise,
Bank provides communication media for customers including social media, MBCX undertakes efforts by
if they experience inconvenience during transactions. adding keywords to the listening tools that connected
This can be seen from the Bank’s seriousness in directly to the Bank or to the parent company as the
providing social media services through official CIMB majority shareholder, the management at the parent
Niaga accounts on the X media platform @CIMBNiaga, company, and Malaysia as the country where the main
Facebook ‘CIMB Niaga’, Instagram @CIMB_Niaga, and the business area of the parent company is located.
CIMB Niaga 14041 service, which is available 24 hours a
day. INTERNAL CONTROL
CIMB Niaga has implemented an internal control system
In addition to complaints, the Bank also takes into account that includes regular monitoring of customer complaints or
customer feedback related to service improvements, negative news/issues with a material impact on the Bank’s
which is monitored through the Customer Relations reputation, as well as a reputation risk control culture
Management (CRM) system, which serves as a bank- involving all business lines. Furthermore, risk control
wide platform used to record customer complaints. is carried out by implementing immediate corrective
Each recorded complaint can be immediately escalated measures to maintain reputation risk within the Bank’s risk
to the appropriate unit to ensure proper handling and tolerance level.
Compliance Risk
Compliance Risk Management aims to minimize the The Bank has assigned a Director who oversees the
negative impact arising from the Bank’s failure to Compliance Unit (CU). CU is an independent unit that
comply with, or failure to implement, regulations and performs compliance functions as required by OJK
requirements set by the relevant authorities or regulators. regulations.
The Bank’s Compliance Principles consists of: (1)
Compliance begins from the top; (2) Compliance is the Compliance Unit (CU) is responsible for creating and
responsibility of all parties; (3) Compliance with applicable implementing compliance programs to support the
laws and regulations; (4) Competence and integrity; (5) creation of a culture of compliance and for evaluating
Stakeholderoriented; (6) Dedication to the Bank; and (7) the effectiveness, adequacy, and suitability of the Bank’s
Problem-solving oriented. policies, regulations, systems, and procedures in relation
to the regulations. CU is also responsible for identifying,
GOVERNANCE measuring, monitoring, and controlling compliance
The Risk Management Committee, Risk Oversight risks in accordance with OJK regulations concerning
Committee (ROC), and Audit Committee support the Board assessment of Commercial Bank’s Soundness Level. CU
of Commissioners and Board of Directors in their active also enhances compliance systems and methodologies
supervision of compliance risk management. Supervision to support effective compliance monitoring and
is carried out to ensure the effectiveness of compliance implementation in order to strengthen the Bank’s
risk management implementation and that Compliance performance.
Culture is supported in accordance with compliance
policies and the risk management framework. The Board To support all work units in implementing compliance
of Commissioners and Directors receive bank compliance aspects, CU prepares a Compliance Plan and Program
reports regularly and provides the necessary guidance to every year. CU’s realization and achievements in
support the Bank’s compliance culture. implementing the Compliance Program and Activities
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during 2024-2025 are explained in more detail in the RISK MANAGEMENT PROCESS
Compliance Unit section of this report. The compliance risk management process in
implementing compliance principles and policies is
POLICIES, PROCEDURES, AND realized by conducting compliance programs, including:
ESTABLISHMENT OF LIMITS • Socialization and training activities to strengthen and
Compliance Principles and Policies are approved by the increase awareness and compliance culture.
Board of Directors, and each leader in all business units • Compliance testing activities for internal regulations,
who is directly responsible for implementing compliance new products, and activities, as well as providing
in their respective units, including monitoring corrective compliance opinions to comply with regulations.
actions for non-compliance. • Commitment monitoring activities to Regulators.
• Self-assessment activities for compliance risks.
The Bank has a compliance framework and policy that
covers the roles and responsibilities of 3 (three) lines of INTERNAL CONTROL
defense for implementing compliance risk management. External parties, including the Regulator, review internal
The Bank also conducts regular reviews of the Compliance controls over the implementation of compliance risk
Risk Appetite, which is part of the overall Risk Appetite management. In addition, other independent units, such
Statement. as the Risk Management Unit (RMU) and the Internal
Audit Unit (IAU), conduct internal control reviews for
compliance risk management.
A more detailed explanation of the Compliance Unit (CU),
as well as reports on the implementation of CU duties,
can be found in the Compliance Unit section.
Legal Risk
Legal risk refers to the risk that arises as a result of lawsuits GOVERNANCE
and/or vulnerabilities in juridical aspects. Lawsuits in the The Board of Directors and Board of Commissioners
litigation process can arise from third-party lawsuits conduct active supervision through evaluation and decide
against the Bank, or vice versa. Vulnerabilities in the legal on corrective measures that need to be taken related to
aspect are caused by a variety of factors, including a lack legal risk management based on the legal risk profile
of knowledge/understanding of the law, weaknesses in report that is submitted regularly. The Bank constantly
engagements carried out by the Bank, and the absence ensures that there is adequate legal risk mitigation for all
or change in laws and regulations. business and operational activities of the Bank.
The legal risk management function is conducted by the Legal risk management is implemented in accordance
Legal Unit with the following roles and responsibilities: with corporate governance policies and the code of
1. Performing evaluations in accordance with past conduct that outlines the values adopted by the Bank
experiences of losses and/or industry experiences and establishes behavioral standards for all levels at
caused by legal risks; CIMB Niaga.
2. Analyzing legal risk exposure reports;
3. Ensuring that legal risk management is carried out POLICIES, PROCEDURES, AND
in accordance with the applicable risk management ESTABLISHMENT OF LIMITS
policies and procedures; The Bank has established policies and procedures for
4. Providing advice to improve legal risk management; managing legal risk that serve as standard guidelines
5. Evaluating the effectiveness of legal risk management for legal risk management to ensure legal protection in
that has been implemented. carrying out its activities in accordance with applicable
internal and external regulations. Furthermore, the
Bank has set up approval mechanism for legal risk limits,
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which includes signing an Agreement/Memorandum of The legal risk management process is conducted as
Understanding or other legal agreement on behalf of the follows:
Bank. This policy is communicated to employees through 1. The process of setting up a new banking product and/
the Bank’s internal system, and e-mail blast as part of or activity and/or transaction;
socialization and to increase employee awareness of the 2. Preparation of policies and/or before implementing
legal aspects implemented at CIMB Niaga. a transaction/engagement until the resolution of any
legal issues that occur;
RISK MANAGEMENT PROCESS 3. Post-mortem review of the legal aspects of a product
CIMB Niaga ensures adequate identification, assessment, or the implementation of a transaction;
monitoring, and control processes, as well as risk 4. Professional legal handling process and reserving
management information systems, in order to avoid costs for potential losses (if necessary).
potential litigation or lawsuits. The Legal Work Unit
performs the process by taking actions to prevent and/or INTERNAL CONTROL
minimize the possibility of legal risk. A comprehensive internal control system is implemented
through a periodic review process by business units
under the Legal Work Unit, in collaboration with the Risk
Management Unit and the Internal Audit Unit.
Strategic Risk
The Bank’s future business growth is closely tied to The Board of Directors provides general direction to all
its strategic decision-making. Therefore, the Bank units regarding the focus to be carried out by each unit.
constantly strives to enhance the quality of strategic risk The performance evaluation process for implementing
management so that risks arising from inaccuracies in the Bank’s strategy is conducted regularly every month
making and implementing strategic decisions, as well as by the Board of Directors and senior management,
failures to anticipate changes in the business environment, including through the Performance Management
can be minimized or avoided. The Transformation & Meeting (PMM). At the Board of Commissioners level,
Strategy Unit is responsible for managing strategic risk performance evaluations are conducted periodically to
and reporting the Bank’s performance to the Board of ensure that business decisions made by the Board of
Commissioners, Board of Directors, and Regulators. Directors have a positive impact on the Bank, align with
the Bank’s strategy, and are effective in providing added
GOVERNANCE value to shareholders.
The Boards of Commissioners and Board of Directors
conduct active oversight and management functions POLICIES, PROCEDURES, AND
in accordance with their authority and responsibilities ESTABLISHMENT OF LIMITS
in determining the direction, strategy, and focus CIMB Niaga establishes General Policies that serve
of the Bank’s business. In addition, the Boards of as guidelines for implementing the Bank’s business
Commissioners and Board of Directors ensure that the strategy and focus. For the purpose of identifying risks
Bank carries out its activities in accordance with the and responding to changes in the business environment,
Bank’s risk management framework and business plan both external and internal, the Bank periodically
and consider risk exposures that the Bank faces. analyzes the industrial environment, which can affect the
Bank’s revenue and business sustainability, both from
macroeconomic and microeconomic perspectives. The
following is a general description of the Bank’s Strategic
Risk Management framework.
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Key Strategic 1 Strategic Risk 2 Strategic Risk 3
Initiatives Identification Assessment and Oversight
of the Bank Evaluation Mechanism
• Directions & Strategies • Risk Identification • Preventive Control
• New Market Development • Risk Evaluation • Monitoring Control
• Acquisitions, Cooperation • Corrective Control
and Divestments
• Business Integration and
Transformation
• Bank Structure & Financial
Governance & Information Disclosure 4
• Stakeholder Engagement and Consent
• Information Disclosure
1. The Bank’s general policies or strategic directives 2. Ownership clarity of each strategic initiative.
are formulated with short-term and medium-term Stakeholders are responsible for project outcomes
perspectives. One of which is the preparation of and risk management;
the Bank’s Business Plan (RBB), which outlines the 3. All major strategic initiatives must comply with the
Bank’s business activities for short-term (one year), Bank’s internal policies/framework;
medium-term (three years) and long-term (five 4. Accountability, which means that ongoing
years), including business performance improvement performance monitoring is required to ensure
plans, new product and activity plans, network initiatives are running as expected.
development plans, as well as strategies to realize
such plan in accordance with the established targets RISK MANAGEMENT PROCESS
and timelines, while still ensuring adherance with CIMB Niaga ensures the adequacy of the processes
prudent principles and the implementation of risk for identifying, measuring, monitoring, and controlling
management. The principles underlying the Bank’s strategic risks, including analyzing the realization
Strategic Risk Management Policy are as follows: The of business plans, and also analyzing the business
main strategic initiatives must be aligned with the environment.
Bank’s vision and mission, as also stated in the Bank’s
Business Plan; All major strategic initiatives must be Strategic risk is measured by analyzing the alignment
supported by appropriate risk analysis, projections of the current strategy with the business environment
and assessments; Proposed major strategic initiatives conditions, the Bank’s position among competitors, and
must be approved and reported through appropriate the realization of the pre-determined Bank’s Business
governance structures; Plan (RBB). The Bank also monitors the achievement of
business plans and performance continuously.
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The Bank has implemented medium-term strategic pillars that serve as a reference in running and strengthening
business in a consolidated manner with subsidiaries, including:
Purpose Advancing Custumers & Societies
Strategic Moves - the 4Cs
1 Capital: Reallocation and optimization of capital and resources
2 Cash: Build CASA franchise
3 Cross-sell: Increase returns
4 Capabilities: Simpler, Better, Faster products, services, and operations
Impact Spirit and Values
Customers
People Work From Heart
Furthermore, the methodology adopted in managing strategic risk is described in the diagram below:
Continuous Monitoring and Reassessment of Risks
Risk Analysis Manage &
Proposal Risk
& Evaluation Mitigate Risk
Submission Identification
Description • Project owner together with • Related parties (including RMs) • The project owner together
relevant parties to identify key will analyze the risks in more with relevant parties develop
risk areas detail to assess the magnitude mitigation measures to control
• Identified risks are reviewed by of loss and the probability of risks with high impact.
Risk Management (RMU), SIR & occurrence of the identified risks • Implementing 3 (three) types of
other stakeholders. • Focus on risks with a high level controls, including: preventive,
of impact (high level of loss or monitoring, and corrective
high level of risk probability) controls.
• Ensuring that relevant parties
are aware that risks with a
high level of impact have been
identified.
Parties Involved • Project Owner • Project Owner • Project Owner
• SIR • SIR • SIR
• RM • RM • RM
• Consultation with relevant • Consultation with relevant
stakeholders stakeholders
Communication & • Conduct regular updates to RM, SIR and other key support units (e.g. Finance, Legal, Compliance, etc.)
Consultation • Red flags must be escalated to Senior Management (BMC)
INTERNAL CONTROL
Strategic risk management control includes regular supervision of the Bank’s performance, which has an impact on the
Bank’s revenue, and a culture of strategic risk control that involves all Bank business lines.
CIMB Niaga also made efforts to improve control over strategic risk by determining a measure of the success of a
strategy based on measurable numbers.
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Intragroup Transaction Risk
Intragroup Transaction Risk refers to the risk resulting POLICIES, PROCEDURES, AND
from the dependence of an entity, either directly ESTABLISHMENT OF LIMITS
or indirectly, on another entity within a Financial The policies and procedures developed by the Bank to
Conglomeration in order to fulfill written and unwritten manage intragroup transaction risks are adequate and
agreement obligations, with and/or without a subsequent prepared in accordance with the applicable regulatory
transfer of funds. provisions. Periodic reviews are conducted to ensure the
adequacy of applicable policies and procedures.
CIMB Niaga implements intragroup transaction risk
management for the Financial Conglomerate, which RISK MANAGEMENT PROCESS
currently only consists of Banks and Subsidiaries. The The Bank has identified, measured, monitored, and
governance of the Financial Conglomerate ensures the controlled the risk associated with asset and liability
fairness of transactions carried out between member composition, as well as the fairness of transactions
entities of the Financial Conglomerate and avoids between financial institutions within the Financial
significant dependence between members. The process Conglomerate. The Finance and Risk Management Unit
of measurement and monitoring is carried out, through regularly monitors intragroup transaction risks to ensure
monitoring certain ratios, such as gearing ratios, as compliance with limits such as LLL and fairness principles.
well as compliance with the Legal Lending Limit (LLL) Controls through policies and limit setting are developed
requirements of related parties and the arm’s length in accordance with the Bank’s Risk Appetite.
principle.
The reporting process for intragroup transactions is
GOVERNANCE supported by an adequate Management Information
As part of active oversight, the Board of Commissioners System (MIS).
and Board of Directors receive reports on intragroup
transactions constantly. Reporting on intragroup INTERNAL CONTROL
transaction exposure is provided periodically to In line with internal control practices for other risks,
determine that the intragroup risk to be taken is based CIMB Niaga conducts regular monitoring and evaluation
on the results of analysis of the composition of assets of the Bank’s risk exposure and financial performance,
and liabilities, and also an assessment of the fairness including intragroup transactions, which are reported
of intragroup transactions in accordance with business subsequently to the Board of Directors and Board of
complexity. Commissioners, along with the follow-up actions to be
taken.
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Rate of Return Risk
Rate of Return Risk refers to the risk arising from changes The Board of Commissioners monitors the rate of return
in the rate of return paid by the Bank to third‑party fund risk periodically through the Risk Oversight Committee
customers due to changes in the rate of return earned by (ROC). ROC evaluates the risk management process
the Bank from its financing activities. Such changes may and provides direction for matters that require special
influence the behavior of third‑party fund customers, attention. The Board of Commissioners also ensured
as they hold certain expectations regarding the rate of that the risk governance framework includes adequate
return. Shifts in these expectations may be driven by controls to anticipate changes in market conditions.
internal factors, such as a decline in the Bank’s asset
values, and/or external factors, such as higher returns Risk monitoring is performed on a regular basis by
offered by other banks. These changing expectations the Asset and Liability Management (ALM) Risk unit
may potentially lead customers to transfer their funds to and Capital Balance Sheet Management (CBSM) unit.
other banks. In the event any increases in threshold referring to
deteriorating circumstances shall be escalated to the
In addition, the rate of return risk may also be influenced relevant committees, such as the Risk Management
by maturity mismatches between assets and liabilities, Committee (RMC), Asset & Liabilities Committee
market volatility, and shifts in monetary policy that affect (ALCO), or Sharia Pricing Committee. This risk exposure
the Bank’s cost of funds and product competitiveness. management is supported through the use of risk limits
Oversight of rate of return risk by the Board of Directors and monitoring the repricing gap to remain aligned with
is carried out through the Sharia Pricing Committee and the Bank’s Risk Appetite. The process of identification,
the Assets & Liabilities Committee (ALCO), which manage measurement, monitoring, and control of return risk is
the risk in line with the Bank’s Risk Appetite. The risk carried out by an independent unit of the risk-taking unit.
limits, policies, and procedures for managing rate of This process is supported by adequate infrastructure
return risk for the SBU follow are set in accordance with and human resources that are appropriate for the scope
the guidance and decisions issued by the Sharia Pricing and complexity of the Bank’s business to ensure data
Committee. accuracy, analysis, and reporting accuracy.
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Investment Risk
Investment risk lies in Mudharabah/Musyarakah Considering investment risk is also a form of financing
contract-based financing at CIMB Niaga SBU in the form risk with the distinction of profit-sharing contracts, thus
of revenue sharing, whereby the investment risk is its managing, controlling, and monitoring follow the
relatively lower than profit/loss sharing-based financing. financing process in general, including through RMU,
In addition, the Bank uses Mudharabah/Musyarakah which monitors the SBU portfolio on a regular basis,
contracts only for customers with good reputations. including analysis by economic sector, type of financing
For identification, the Bank performs an independent contract, asset quality monitoring, concentration risk,
risk assessment conducted by reviewers at the parent adequacy of Allowance for Impairment Losses (CKPN),
company (four eyes principle), which is in accordance and others. The monitoring results are reported to
with the DBLM (Dual-Banking Leverage Model) concept. Management through the Risk Management Committee.
For existing SBU accounts, the Bank carries out regular Human resources that support the risk management
and ongoing monitoring, including Days Past Due process serve as a matter of concern. In order to improve
analysis, post-mortem reviews, and identification of the the quality of human resources, the Bank has conducted
Early Recognition Watch List (ERWL). In addition, the Bank continuous training related to Sharia Banking. Internal
collaborates with the Asset Restructuring & Recovery/ audits are carried out periodically by the Internal Audit
Loan Work Out and Consumer Collection & Recovery Unit (IAU) on Sharia banking practices, including Sharia
groups to resolve financing issues. Furthermore, the financing, and audit results are followed up by the SBU.
implementation of stress tests, which are carried out Additionally, the submission of SSB Supervision Results
periodically, also includes Sharia financing to anticipate Reports to IAU is carried out to improve the internal
the worst conditions due to influences from internal and control process over SSB findings. The Risk Management
external factors. Unit (RMU) and IAU review the risk control system in
accordance with applicable risk management policies. In
To support the distribution of financing based on order to identify and mitigate risks in financing products,
revenue-sharing agreements to enable proper and regular monitoring has been conducted by the Risk
prudent management, the Bank has prepared policies Management Committee.
and procedures as well as implementation instructions
and systems for its operations.
Remuneration Policy
The explanation is in accordance with the Governance sub-chapter in this Annual Report.
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Empowering Youth,
Unlocking a Future of Opportunity
CIMB Niaga believes every young generation has the
potential to go further. This commitment is brought to life
through guidance and financial education, to empower
the next generation to dream boldly and turn ideas into
meaningful achievements.
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06
Supporting
Business
Review
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Human Resources 374
Operations, Technology, 390
Analytics & AI
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Human Resources
CIMB Niaga believes that Human Resources (HR) are a
strategic asset that play a fundamental role in realizing
the Bank’s Vision and Mission. This is aligned with the
Bank’s purpose, namely Advancing Customers & Society,
which reflects the commitment to helping customers and
the Indonesian community achieve their dreams and
aspirations with the spirit of Working from Heart. To
support this commitment, the Bank consistently instills
the EPICC cultural values and applies best practices in
human capital management. These efforts aim to equip
employees to be well prepared in facing the dynamics
and challenges of the banking industry, which continues
to evolve rapidly and competitively.
STRATEGIES AND POLICIES
In facing transformation and the increasingly rapid dynamics of economic and business change, CIMB Niaga places
human resource development as one of the main pillars in addressing the challenges of the evolving banking industry.
The Bank is committed to equipping its people with adaptability and responsiveness to meet future business needs.
Through its Human Resources Unit, CIMB Niaga continues to implement four strategic pillars that serve as the
foundation of the Bank’s policies and strategic initiatives, namely the Organization of the Future, Next Gen Workforce,
High Performance Team, and Leading Employer Brand. These four pillars are supported by Neo HR initiatives that focus
on transforming human capital through system modernization, data integration, and the use of technology, as well as
the adoption of mindsets and cultures aligned with the company’s values.
Vision
CIMB Niaga is committed to helping Customers and the Indonesian people
realize their dreams and aspirations.
Organization of the Future Next Gen Workforce High-Performance Teams Leading Employer Brand
To build a dynamic, efficient, To build a skills-oriented To strengthen standards To build a strong brand
and resilient organization to organization by providing aligned with a performance- narrative and reputation
support rapid innovation in structured and personalized oriented work culture focused as a magnet for top talent
responding to changes in the career pathways, as well as on achieving excellence, by delivering a consistent
banking landscape. development Opportunities for supported by disciplined brand experience across
the Next Generation workforce consequence management. various channels and
(NEO) activation programs, thereby
strengthening the Company’s
position as an employer of
choice.
EPICC Place To build an ecosystem and work environment that places EPICC at the core of every activity, as reflected in
a work experience that enhances employee motivation and fullfillment, while strengthening engagement
to Work and a sense of pride in the Company.
NEO HR HR Capabilities HR Operating Model HR Tech & Data Lean & Clean HR Operation Services
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CIMB Niaga also continues to innovate in supporting ORGANIZATION OF THE FUTURE
work–life balance and enhancing employee well-being In addressing the increasingly rapid, complex, and
through various initiatives. Among the initiatives is uncertain dynamics of the banking industry, CIMB
Hybrid Working (HyWork), which leverages technology to Niaga is committed to building an organization that
improve collaboration and effectively develop employee is adaptive, agile, and relevant to future demands.
capabilities, flexible benefits programs, in addition to Organizational strengthening is one of the Bank’s
some other initiatives designed to support employee strategic priorities to maintain competitiveness, enhance
welfare. operational effectiveness, and ensure long-term
business sustainability. In line with these objectives, the
In addition, CIMB Niaga strengthens its work culture Bank consistently conducts organizational evaluations,
rooted in the EPICC values (Enabling Talent, Passion, alignment, and transformation to remain aligned with
Integrity & Accountability, Collaboration, and Customer evolving business needs.
Centricity) and fosters a risk culture as the foundation
for employees’ daily behavior and decision-making. By CIMB Niaga conducts continuous evaluations of
embracing and living the EPICC values, employees are organizational effectiveness across all work units, including
expected to create a positive impact on a conducive and revenue-generating units as well as service, operations,
productive work environment. This strategy also reflects technology, and enablers. This evaluation process is
CIMB Niaga’s commitment to diversity and inclusion, carried out collaboratively between the Human Resources
where the Company values the uniqueness of every Unit and relevant units to assess the readiness of the
individual—including background, experience, age, organizational structure in supporting the Bank’s growth
gender, and other characteristics. Diversity is viewed as a strategy. These efforts include improving productivity,
strength that enables the Company to be more adaptive, enhancing operational processes, optimizing span of
responsive, and resilient in facing challenges. By creating control and organizational layers, and consolidating teams.
a safe space for everyone to collaborate and contribute, In addition, the Bank also reviews branch effectiveness to
CIMB Niaga continues to strengthen its business ensure alignment of operating models with market needs
foundation and ensure sustainable organizational health. and changes in customer behavior.
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AI features is focused on four key areas—recruitment,
chatbot services, the Knowledge Management System
(KMS), and HR policies—all of which will be integrated in
Phase 4 of the ARJUNA 4.0 development, scheduled for
2026.
Vania Shafira Yuniar In the recruitment area, CIMB Niaga has conducted
The Complete Banker Batch 29
Legal Counsellor assessments and Proof of Concept (POC) initiatives on
the use of AI technology for candidate screening and
interviews, particularly for fresh graduate positions.
This initiative aims to improve the accuracy of selecting
CIMB Niaga continuously grown into an institution that upholds its higher-quality candidates while accelerating the
commitment to strong governance, integrity driven services, and a recruitment process. Meanwhile, in the development of
passion for consistently delivering the best to its customers. chatbot capabilities, the Bank is conducting studies on
Through the Complete Banker (TCB) Program, CIMB Niaga provided
the implementation of Agentic AI to replace conventional
me with valuable learning experiences. I was given the opportunity
to gain a comprehensive understanding of the banking business chatbots that are still based on static knowledge
processes while further honing my leadership, communication, and management, thereby enabling more responsive,
decision-making capabilities grounded in the EPICC values. intuitive, and contextual interactions for employees.
The Bank also creates an enabling environment that allows me to
AI development is also being applied to the Knowledge
adapt and grow within the future banking ecosystem as it continues
its transformation through digitalization, the adoption of the latest Management System (KMS) to enhance information
technologies, and the integration of AI in the workplace to establish accessibility—such as learning materials, training
more efficient and relevant work processes in response to the modules, and HR policies—through more natural,
rapidly evolving dynamics of the financial industry. conversational-based interactions. This initiative is
expected to support continuous learning and strengthen
It is my hope that moving forward, CIMB Niaga will continue to
strengthen innovation, accelerate digital transformation, and organizational knowledge management.
develop its human capital to deliver simpler, better, and faster
services that create the best possible customer experience. In addition to digital transformation, CIMB Niaga also
implements a future talent development strategy
through the Future Workforce Alternate Model. One of
Strengthening the organization of the future is also its key initiatives is the CIPTA program, which bridges the
carried out through the establishment of new strategic gap between the education sector and industry needs.
functions that are considered to have high strategic value This program provides participants with hands-on work
for the Bank’s business direction and priorities. One such experience while building a talent pipeline that is well
initiative is the development of the AI Office, which plays prepared to face challenges and transformation in the
a role in accelerating digital transformation, enhancing business world. The internship program is carried out
the quality of data-driven decision-making, and driving across various strategic areas, including IT, Data, Service
operational efficiency. The Bank also evaluates the need Frontliners, and Talent Acquisition. As of 2025, the CIPTA
to strengthen conglomeration functions to ensure more program has been conducted in 49 batches with a total
effective integration and governance in managing the of 979 participants.
business group.
Through these initiatives, CIMB Niaga reaffirms its
Organizational transformation is not only focused on commitment to building an Organization of the Future—
establishing new structures, but also on enhancing one that is more agile, adaptive, highly capable, and
organizational capabilities through the use of technology, supported by intelligent technology. These efforts form
policy refinement, and the strengthening of work a critical foundation for strengthening competitiveness,
processes. Technology adoption is an integral part of this enhancing employee experience, and ensuring the
transformation, including the digitalization of internal Bank’s readiness to navigate future challenges and
processes, automation, and improvements in data opportunities.
accuracy to support productivity as well as employee and
customer experience. NEXT GEN WORKFORCE
CIMB Niaga places talent development and sustainability
As part of the digital transformation agenda, the Human as one of the main pillars in its strategy to address future
Resources Unit continues to expand the use of Artificial challenges and opportunities. The Bank believes that
Intelligence (AI) across various employee management talent is a strategic asset that determines competitive
processes through the ARJUNA platform, a cloud-based advantage; therefore, its management is carried out
HR system that serves as a one-stop solution for all of in a systematic, integrated manner and aligned with
CIMB Niaga’s human capital needs. The development of business priorities. Throughout the year, the Bank has
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strengthened its processes for talent identification, experience. As of 2025, more than 767 RMs across 73
development, and succession planning to ensure the cities have participated in this program, and the number
availability of talent ready to assume strategic roles in is expected to continue increasing through 2027.
both the short and medium term.
As part of its strategy to build the future workforce, CIMB
The foundation of talent management begins with an Niaga also initiated the development of an Internal Talent
objective and standardized talent identification process Marketplace (ITM) in 2025. This platform is designed to
to map individuals with high performance and readiness create a more agile, data-driven talent mobility ecosystem
to take on greater responsibilities. The results of this that allows employees to explore career paths and
mapping serve as the basis for designing personalized internal assignments, aligned with their competencies,
development plans, including formal learning, coaching interests, and aspirations. In its initial phase, the Bank
and mentoring, as well as assignments to the Bank’s focused on establishing the core foundations of the ITM,
strategic projects. Furthermore, the succession planning including updates to the Job Architecture, refinement of
process is strengthened through an approach based on the competency framework, and the design of internal
organizational needs analysis, ensuring that each critical career pathways integrated with future capability needs.
position has well-prepared successors, both in terms of
technical competencies and leadership capabilities. Through this series of strategic initiatives, CIMB Niaga
reaffirms its commitment to building a Next Gen
As a strategic step in preparing the future workforce, Workforce—a highly capable, adaptive, and digital-
CIMB Niaga also enhances employee capabilities through ready workforce aligned with the Bank’s business
continuous reskilling and upskilling programs. The transformation agenda. These initiatives are expected
Bank focuses on building digital, data, and analytics to create sustainable value and strengthen the
capabilities as core competencies that are highly relevant organization’s competitiveness in addressing future
in the era of digital transformation. Throughout 2025, the challenges within the banking industry.
Bank implemented various internal campaigns through
HR Info, Gallery News, and ARJUNA, including the HIGH PERFORMANCE TEAM
dissemination of informational posters, learning content CIMB Niaga is committed to building High Performance
recommendations, fun facts, and Digital, Data & Analytics– Teams as a key pillar in supporting business growth and
themed quizzes to strengthen employee awareness and the achievement of the Bank’s strategic aspirations. The
engagement. In addition, the Bank conducted 31 training implementation of effective performance management
programs in the areas of Digital, Data & Analytics, and productivity-based remuneration systems serves
attended by more than 6,000 employees. as a core foundation in fostering a results-oriented,
collaborative, and excellence-driven work culture.
To support the Bank’s strategic transformation toward
the spin-off of the Sharia Business Unit, CIMB Niaga As part of its efforts to drive productivity, CIMB
implemented a comprehensive Sharia Upskilling and Niaga consistently implements a performance-
Reskilling program designed to enhance employees’ based remuneration system that considers individual
understanding of Sharia banking principles and contributions and its overall performance, financial
operations. This program ensures workforce readiness capacity, and risk profile. This approach is designed to
in terms of knowledge, skills, and adaptability to changes motivate all employees to continue to deliver and shape
in regulations, business processes, and technology that a competitive and collaborative work culture. Through
support the Sharia ecosystem. The strengthening of these fair, transparent, and measurable remuneration
competencies is not only aimed at fulfilling regulatory practices, the Bank ensures that rewards appropriately
requirements, but also at building a competent, reflect tangible contributions toward the achievement of
professional, and competitive workforce in the Sharia organizational objectives.
banking industry.
In line with this approach, CIMB Niaga has also
In line with the Bank’s purpose, Advancing Customer and implemented a comprehensive performance
Society, CIMB Niaga strengthens employee capabilities management framework to ensure that all employees
through the Client Relationship Manager (RM) Upskilling move in the same direction, aligned with the Bank’s
and Reskilling program. This program is designed to equip aspirations. The performance management process
RMs with deeper insights into customer segmentation, encompasses the setting of performance objectives,
behavioral analysis, and the ability to design solutions ongoing monitoring, mid-year and year-end assessments,
tailored to the needs of different customer segments. as well as coaching mechanisms for employees whose
This initiative supports a more customer-centric business performance falls below expectations. This framework
model and enhances the quality of the customer not only focuses on the achievement of business targets,
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but also evaluates the application of EPICC values as part In addition, the Bank will continue to focus on
of workplace behavior that reflects professionalism and strengthening its employer branding through various
integrity. online channels (social media, job portals) as well as
offline through the following activities:
The following outlines the implementation of the 1. Continuing the University Strategic Partnership by
performance management framework at CIMB Niaga: strengthening comprehensive collaboration with
• For the Board of Directors, performance objectives selected partner universities to enhance positive
consist of two main elements: a Collective Scorecard, contributions to and from the Bank, both in terms
which measures the performance outcomes of of human capital and business. This collaboration is
organizational units in supporting the Bank’s strategy, carried out through four adaptable pillars tailored
and an Individual Scorecard, which assesses personal to each university’s needs, namely the Academic,
contributions toward the achievement of strategic Financial, Career Opportunity, and Community &
objectives. Brand Awareness pillars.
• For all employees, performance objectives are 2. Organizing competitions that support young talents
set in the form of Goals derived from each unit’s by providing a platform for enthusiastic young
Collective Scorecard, ensuring clear alignment and innovators to explore, create, and showcase their
continuity between individual performance and the best ideas and talents. These competitions offer
organization’s overall performance. opportunities for individuals to maximize their
potential and accelerate their career development
LEADING EMPLOYER BRAND through the Complete Banker program.
In an increasingly competitive and dynamic environment, 3. Establishing various forums such as discussions,
the availability of high-quality professionals—particularly seminars, talk shows, and lectures for Bank
from the digitally native younger generation—presents employees as well as external participants, including
both a challenge and a strategic opportunity. CIMB Niaga collaborations with universities, communities, and
positions itself not only as an employer, but also as a training institutions, as a means of attracting top
place that supports employees in realizing their dreams talent through the CIMB Niaga Career Festival.
and aspirations. The availability of human resources This integrated event is specifically designed for
in sufficient quantity and quality is one of the key young talents seeking to align their potential while
foundations in achieving the Bank’s aspiration to become gaining deeper insights into the Bank’s culture, work
an employer of choice. To attract the best talent, in 2025 environment, and career opportunities through
the Human Resources Unit continuously conducted activities such as Company Visits, Goes to Campus/
internal and external talent identification, fostered Community, and Job Fairs.
collaborative relationships with educational institutions, 4. Collaborating with universities in developing
training providers, course institutions, Indonesian student curriculum, particularly for study programs that
communities both domestically and overseas, as well as are relevant to the Bank’s needs. High-performing
digital and Information Technology (IT) communities. The students in courses resulting from collaborative
Bank also collaborated with the Ministry of Manpower curricula between universities and the Bank will serve
to provide internship opportunities for Indonesian as a talent pipeline to meet the Bank’s workforce
students through the MagangHub Kemnaker or National requirements.
Internship Program, as well as strengthened the use of 5. Collaborating with universities to develop internship
digital platforms across the entire recruitment process— programs aligned with final-year curricula in
from workforce planning, sourcing, interviews, and accordance with the Bank’s needs. Through this
assessments, to subsequent stages—and leveraged data collaboration, recruitment and learning processes
analytics to determine successful candidate profiles, can be made more effective and efficient, as selected
particularly for fresh graduates and entry-level positions. students will have the opportunity to directly join the
The Bank tried to stay relevant and keep pace with Bank upon graduation.
technological developments under the spirit of Simpler, 6. Establishing employee ambassadors responsible
Better, Faster. Currently, the Bank is assessing the for promoting the Bank’s positive activities across
use of artificial intelligence in new employee selection various offline and online channels.
processes, particularly for mass recruitment needs, with 7. Providing an online platform that integrates both
a focus on the screening and interview stages. Through internal and external activities to enhance the Bank’s
the application of AI, it is expected to enhance the image.
effectiveness of identifying candidates who best match 8. Conducting various initiatives related to education,
the Bank’s requirements, while also shortening candidate philanthropy, environment, as well as community
waiting times in receiving selection outcome information development and empowerment in collaboration
at these stages. with the Kejar Mimpi program, while also evaluating
the Bank’s image as an employer in the market.
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9. Continuing employer branding efforts through candidates are evaluated not only on their skills and
dedicated social media channels that provide work experience, but also on their alignment with
information on the best employee experiences the EPICC values that form the foundation of CIMB
within the Company, job vacancy updates, and other Niaga’s work culture. Through the implementation
relevant information aimed at building awareness of Value-Based Assessment in the selection and
and attracting talent to join the Bank, including recruitment process, CIMB Niaga has realized various
competition programs organized internally by the benefits, including enabling the Human Resources
Bank as well as in collaboration with external parties. Unit to make more informed selection decisions and
10. Developing branding strategies to establish to build solid teams that are adaptive to change and
appropriate positioning for opportunities and aligned with CIMB Niaga’s EPICC values.
development programs for prospective employees— 2. The use of psychometric tests to identify prospective
from internship and apprenticeship programs to employees based on their potential capabilities
development programs and The Complete Banker— and knowledge, particularly to meet specific role
with the objective of increasing awareness and requirements.
interest among young talents in the opportunities 3. Leaderless Group Discussions to assess candidates’
available at the Bank. abilities—particularly future leaders participating in
graduate development programs—in collaboration,
In addition, the Bank has undertaken and will continue to problem analysis, and innovative thinking.
pursue efforts to develop external talent through various 4. Interview processes conducted across multiple
scholarship programs for high-achieving students as well levels, as required, to ensure the involvement of
as internship programs, in collaboration with multiple direct supervisors in the selection of prospective
Stakeholders, including universities and relevant employees.
ministries, as part of its ongoing efforts to attract top
talent from the market.
HR PROFILE
As of 31 December 2025, CIMB Niaga employed a total
of 10,775 employees. The Bank’s workforce during the
financial year was aligned with its business operational
needs and strategic implementation, both in terms of
quantity and quality. The demographic profile of CIMB Lolo Ferdinan Siahaan
Niaga’s human capital in 2025, along with its comparison Sharia EBB Relationship Manager
Development Program
to 2024, is presented in the Company Profile section of
this Annual Report.
RECRUITMENT
As one of Indonesia’s largest private banks, CIMB Niaga continues to
CIMB Niaga conducts a selective recruitment process innovate and grow by enhancing the quality of its people through
supported by a comprehensive selection system and comprehensive training that integrates both theoretical knowledge
adequate infrastructure to attract top talent. New and practical application. The EPICC values lay a key foundation that
employee recruitment is prioritized for key positions foster collaboration among all employees as they deliver their best
performance in driving Company’s sustainable growth.
in line with the Bank’s strategy, and each candidate
undergoes a series of thorough evaluations, covering The Sharia EBB RMDP is a comprehensive training program that has
both administrative evaluation and competency broadened my insights and improved my skill sets. As a fresh
assessments. graduate with a science and technology background, the program
has both challenged and motivated me to learn new things in
business and the banking sector. Throughout my participation in the
Administrative evaluation includes background checks,
program, I experienced its benefits firsthand, particularly through
educational history, employment history, financial the effective integration of technologiessuch as digital systems and
condition history, and potential money laundering risks Virtual Reality (VR)into the learning process, creating a more
(using the Debtor Information System (SID) and the interactive and immersive learning experience.
Bank’s Anti-Money Laundering databases), as well as
It is my hope that CIMB Niaga will continue to be a value driven bank
reviews of social media activity and health conditions.
that delivers meaningful contribute to society and offers trusted
solutions for Indonesia’s diverse financing needs. I also look forward
Meanwhile, competency assessments are conducted to the continuation of this program with higher quality standards,
through several methods, including: aimed at nurturing outstanding talent who will contributes
1. The selection and recruitment process at CIMB Niaga positively to the Bank’s growth.
applies a Value-Based Assessment approach, whereby
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different functions or units, both domestically and
internationally. Through this initiative, employees
are expected to broaden their perspectives and
gain a more integrated understanding of the Bank’s
business.
Dhea Fadillah Ramlan EXTERNAL (FROM OUTSIDE THE BANK)
CIPTA Teller
Apprenticeship Program CIMB Niaga implements external recruitment programs
through the following approaches:
1. Entry level and Junior Management:
My internship experience as a Teller at CIMB Niaga has been highly a. Posting job openings through campus portals
valuable. I observed how CIMB Niaga not only excels in digital and communities, course institutions, or training
banking services, such as OCTO Mobile, but also demonstrates a service providers, as well as virtual career fairs.
strong commitment to talent development. Throughout the
b. Posting job vacancies through social media
internship, I developed a comprehensive understanding of banking
operations, ranging from customer service to the application of platforms such as LinkedIn and Instagram.
digital technologies that support daily transactions. This experience c. Use of technology as an enabler, including digital
significantly enhanced my adaptability and readiness to navigate platforms throughout the entire recruitment
the everevolving dynamics of the banking industry. My hope is that process, including sourcing and job postings via
CIMB Niaga will continue to strengthen digital innovation and
links to various job portals, as well as assessing
human capital development, enabling internship participants to
grow in line with the Company’s transformation and be well the use of AI in the selection process for
equipped to become part of Indonesia’s leading private banks. apprenticeship programs.
d. Providing scholarships and internship
opportunities to high-achieving students as a fast-
track pathway to become Bank employees.
The Bank’s recruitment process to fulfill workforce e. providing development programs for entry-
needs is conducted through both internal sources (high- level positions aimed at fresh graduates to
performing employees) and external candidates. Periodic prepare the Bank’s future leaders or to pursue
evaluations are also carried out to enhance productivity specific specialist career tracks, in the form of
and to further develop candidate management and apprenticeship programs and The Specialist
applicant tracking systems that support the Bank’s Program.
human capital strategy to become an employer of choice. f. Establishing partnerships with various
universities in Indonesia and overseas, training
INTERNAL (FROM WITHIN THE BANK) providers, course institutions, and communities
Internal recruitment programs are implemented through to build a student talent database and to provide
several approaches: high-potential students with opportunities to
1. The “2+3+3 Policy” program, which provides participate in the selection process for entry-level
employees with a minimum of two years of service positions at CIMB Niaga.
and at least meeting performance targets with the g. Communicating job opportunities through
opportunity to transfer to a new role, with a three- discussions, seminars, talk shows, and lectures
month transition period. for both Bank employees and external audiences,
2. Internal rotation and internal movement programs including activities such as guest lectures and the
are expected to support career development, as CIMB Niaga Career Festival.
well as enhance employees’ competencies and h. Organizing idea competitions to identify young
capabilities to become more agile talent, while also innovators who will be given the opportunity to
reducing potential operational risks. Furthermore, participate in The Complete Banker program
the Bank implements structured and integrated through a fast-track selection proces.
career acceleration programs for critical and strategic i. Conducting the selection and recruitment
positions. If such positions cannot be fulfilled process, namely One Day Recruitment, for entry-
internally, external recruitment will be undertaken. level positions to improve the quality and volume
3. Involving high-potential employees in cross-functional of hires by enabling faster decision-making on the
projects to help enhance skills and gain experience in best candidates.
other units within a short period of time. j. Supporting diversity and inclusion initiatives in
4. Implementing Cross-Border Talent Mobility by the implementation of selection and recruitment
providing employees with opportunities to develop processes for the Apprenticeship Program and
themselves through short-term assignments in The Specialist Program.
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2. Senior and Professional Hire: capabilities, collaboration, and leadership skills. Through
a. Advertising job vacancies broadly through this program, TCB graduates are expected to become
recruitment platforms, such as the Company’s Universal Bankers or Universal Leaders who are well
official website and job portals. prepared to assume senior management positions in the
b. Building an external candidate database (external future.
talent mapping) and strengthening market
intelligence for key and critical positions. CIMB Niaga has integrated this program with career
c. Collaborating with external parties to provide development plans, performance management,
talent with specialized capabilities to meet succession planning, and retention programs to
business needs. ensure that young talent receives structured and
d. Leveraging internal employee relations through sustainable development. Furthermore, TCB graduates
the Staff Get Staff program. are continuously provided with exposure through
e. Leveraging technology, including the use of digital assignments to key cross-functional and cross-unit
applications in the recruitment process. projects.
FUTURE LEADER DEVELOPMENT In addition, as part of the TCB program series, the
The Future Leader development program aims to build Bank assigns TCB participants to CIMB Group offices
leadership competencies and expertise among the across ASEAN countries with the objective of facilitating
Bank’s future leaders, while ensuring the availability and knowledge transfer and providing new exposure related
readiness of leadership successors and key positions to diverse processes, products, markets, and working
within the Bank. Through this program, CIMB Niaga environments. The TCB development program also actively
ensures that leadership succession can be carried involves the entire TCB alumni community and the Bank’s
out successfully. In 2025, the Bank continued the The senior leaders through knowledge-sharing sessions and
Complete Manager and Digital Leadership programs, team-building activities. Furthermore, the TCB community
and also implemented leadership development runs a mentoring program in which TCB alumni serve as
programs in collaboration with CIMB Group and other mentors to current TCB participants, supporting them in
leading institutions for Key Talent. These programs are successfully completing the TCB program.
structured across three levels: Senior Leaders, Middle
Leaders, and Junior Leaders. In line with efforts to prepare for the advancement
toward Society 5.0, the Bank also provides lectures and
The Leading Leaders Development Program, in exposure to Digital and Data-related skills. Participants
collaboration with the International Institute for are equipped with capabilities that support the Bank’s
Management Development (IMD), is designed for Senior digitalization and transformation, including Digital
Leaders; the Emerging Leaders Development Program - Awareness, Design Thinking, and Data Analytics.
a collaboration with Melbourne Business School (MBS);
and the Middle Leaders and Junior Leaders Development As of the end of 2025, CIMB Niaga has recruited a
Programs were run in collaboration with Asia School of total of 570 graduates from prominent universities in
Business Asia School of Business (ASB) & Global Institute Indonesia and abroad to participate in the TCB program.
For Tomorrow (GIFT). The program had a participant graduation rate of 80%.
Program graduates who successfully completed the
THE COMPLETE BANKER program were placed in key positions across both
Since its launch in 2010, The Complete Banker (TCB) business and enabling functions. As of 2025, there were
program has been one of the Bank’s flagship initiatives, 278 TCB alumni and active participants at CIMB Niaga
with a duration of 24 months. The program aims to who assumed the following positions:
develop participants’ knowledge and skills related to the
national banking industry as well as the ASEAN regional Position 2025 2024
banking landscape, along with other competencies Senior Vice President 4 2
required to effectively navigate continuously evolving
Vice President 22 19
challenges. These knowledge and skills are delivered
through a series of structured activities designed to Assistant Vice President 33 29
provide hands-on experience, exposure, and learning Senior Manager 38 34
across various functions and business units within
Manager 102 82
the Bank, including across the CIMB Group operating
throughout the ASEAN region. The TCB program Still enrolled in Educational
79 96
program
is expected to sharpen and develop participants’
strategic thinking, agility, innovation, problem-solving Total 278 262
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HR COMPETENCY DEVELOPMENT methodology, coding, data analysis, design thinking,
and more; utilizing various learning channels in
COMPETENCY DEVELOPMENT PROGRAMS AND collaboration with internal and external parties, both
OBJECTIVES domestically and internationally, to achieve optimal
CIMB Niaga manages and develops human capital learning outcomes. The Bank also develops education
competencies through an integrated approach designed programs related to sustainable finance, including
to address the needs of employees, the organization, diversity and inclusion, as part of its commitment
and business objectives, both in the short and long term. to supporting economic, social, and environmental
In 2025, the Bank is undertaking a mapping of technical alignment.
competencies for each job function and job category,
which will serve as a reference for future human capital Every employee has equal opportunities to advance
competency development initiatives. and develop depending on their potential, interests,
skills, and available opportunities with due regard to
HR competency development is implemented through organizational needs.
three main principles, namely experience, exposure, and
education, as follows: The Bank consistently promotes learning under the new
normal by adopting a hybrid model that combines online
1. Experience (digital) and offline/in-class learning, while continuing to
Human resource competency development is optimize the use of e-learning methods. The year-round
carried out through the expansion of duties and learning focus is directed toward Mandatory Certification
responsibilities, job rotations via structured and Programs, Development Programs, Apprenticeship
integrated talent development programs, and the Programs, Acceleration Programs, Digital & Data
provision of opportunities for internal movement Programs, Sharia Programs, Sales & Credit Programs,
aligned with employees’ future career aspirations. Sustainability Programs, and Leadership Programs,
These initiatives are designed in accordance with delivered through various learning methods including In-
defined career paths to support the enhancement class, Online Learning (LOG+), On-the-Job Training (OJT),
of employee competencies in meeting the expected Immersion Programs, Knowledge Management System
success profiles. (KMS), and Virtual Reality (VR) Learning.
2. Exposure EDUCATION AND TRAINING
The Bank also focuses on providing exposure for Upholding the Enabling Talent value (the “E” in EPICC),
HR development through various programs such CIMB Niaga consistently demonstrates its commitment
as coaching and mentoring, networking platforms, to empowering and developing every employee, while
assignments on strategic cross-functional or cross- striving to be the best place for top talent to grow and
country projects, assignments in CIMB Niaga contribute.
subsidiaries or CIMB Group offices across countries
through the Cross-Border Talent Mobility program, Therefore, CIMB Niaga systematically and continuously
and learning opportunities with fintech companies provides equal opportunities for all employees to
or start-ups partnered with the Bank. In addition, participate in training and competency development
the Bank offers employees opportunities to actively programs, while taking into account effectiveness,
participate in corporate social responsibility activities efficiency, impact, and the intended learning objectives.
to support sustainable economic development. Based on the Bank’s strategy, education and training
programs are derived from the various challenges and
3. Education needs faced by the Bank in conducting its business
The education and training programs provided are activities within the banking industry.
integrated programs designed to develop individual,
managerial, and leadership competencies, as well As of the end of 2025, CIMB Niaga has maintained the SNI
as specific functional and technical skills required ISO 9001:2015 certification for the Provision of Education
to support key business objectives such as sales, and Learning Services for the seventh consecutive time.
customer experience, credit, risk management, In addition, CIMB Niaga is registered and recognized as a
and compliance, while preparing employees for Payment System Workforce Training Institution (LPK SP)
the advancements of Society 5.0. Each employee by the DKI Jakarta Manpower and Transmigration Office
is encouraged to acquire knowledge and skills and Bank Indonesia.
related to Digital and Data, including Gen-AI, agile
382 PT BANK CIMB NIAGA TBK 2025 Annual Report
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Currently, CIMB Niaga has 7 Competency-Based Training Human Resources Unit. In 2025, a total of 586 leaders
(CBT) modules for Qualification Level 4 (Operator), and employees actively participated in coaching,
namely: mentoring, and sharing session programs. In addition
• Fund Transfer Management for Banks Sub-field, to the leadership programs mentioned above, CIMB
• Customer Securities Administration Sub-field, Niaga also organized mentoring programs aimed at
• Cash Management Sub-field, maintaining and enhancing employee performance
• Foreign Exchange & Foreign Banknote Distribution in specific skill areas. In 2025, these mentoring
Sub-field, programs involved 88 employees and 55 mentors
• Treasury Transaction Settlement Sub-field, from within CIMB Niaga.
• Trade Finance Transaction Payment Settlement Sub-
field, 3. Online Learning
• Payment Transaction Processing Sub-field (added in Since 2018, CIMB Niaga has provided online or
2023). e-learning training and education with digital learning
via “Learning on the Go (LoG)” that employees can
In addition, CIMB Niaga also has 5 Competency- easily install on their gadgets. Moreover, since
Based Training (CBT) modules for Qualification Level 5 early 2024, the Bank has been striving to provide a
(Supervisor), namely: better learning experience by launching Hylearn as
• Fund Transfer Management for Banks Sub-field, part of ARJUNA, which contains AI-based learning
• Customer Securities Administration Sub-field, features, with more than 241,000 content consisting
• Cash Management Sub-field, of e-books, AI Simulators, Podcasts, Live Courses,
• Foreign Exchange & Foreign Banknote Distribution Articles, Skill Benchmarks, Modules, Audio Books,
Sub-field, and others, by the individual needs of employees
• Payment Transaction Processing Sub-field. (Personalized Learning Experience). Another
feature of Hylearn is the Knowledge Management
In addition, CIMB Niaga has organized education and System (KMS), a place to conveniently store internal
training programs for 14,081 employees (including knowledge and information and allow employees
participants in education programs). Each employee to share knowledge. The third feature of Hylearn is
received an average of up to 24 days of training. The the Learning Hub, which centralizes the application,
education and training programs offered by the Bank registration, attendance, evaluation, and issuing of
included three program models: academy, coaching- e-certificates for employees who participated in in-
mentoring sharing sessions, and online learning. house or external programs.
1. Academy
CIMB Niaga implements employee capacity and
competency development programs through an
academy-based approach. This method is integrated
with employee recruitment, training, performance
monitoring, and feedback processes. The Bank has
established academy programs across nearly all
business lines within the banking industry, including Rennita Kendra
Consumer Business
the Service Academy, Sales Academy, Emerging Development Program
Business Banking Academy, Wealth Academy, Shariah
Academy, Leadership Academy, Treasury Academy,
Operations Academy, Risk Management Academy,
Credit Academy, Audit Academy, Sustainability Being part of the Consumer Banking Development Program (CBDP)
Academy, and Digital & Data Academy. has been an highly valuable and enriching experience. We had
intensive training on consumer banking, a dynamic filed that
continues to evolve. What made the experience even more
2. Coaching, Mentoring & Sharing Session
compelling was the opportunity to work on hands-on projects that
CIMB Niaga internalizes a culture of Coaching, delivered real business impact. With strong support from the
Mentoring, and Sharing Sessions to foster self- mentors and buddies, we gained deeper insights into the relevant
confidence, optimism, and a strong spirit of business units while further strengthening our critical thinking,
engagement at work. These programs also serve collaboration, and project management skills.
as impactful education and training methods that
support employees’ personal and professional
development. The programs may be conducted in
both formal and informal settings, facilitated by the
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Furthermore, the internalization of a risk-aware and
compliance culture is also carried out through the
intensive dissemination of information and knowledge
related to Risk Management and Compliance to all
employees via various media. The Bank also implements
a number of measures and initiatives to uphold the
Matthew Ryan Norman Moningka Bank’s Core Values—particularly the value of integrity—
CIPTA IT
Developer Apprenticeship Program including:
1. Building an Anti-Fraud Culture and Awareness, and
enhancing employees’ understanding of the Code
of Ethics and Code of Conduct through training
As part of the CIPTA IT Program, I was given a valuable opportunity programs, campaigns, email blasts, podcasts,
to contribute to the development and maintenance of CIMB Niaga’s workshops, and sharing sessions.
IT systems. The program provided hands-on exposure to banking 2. Updating and refining the Code of Ethics and Code
application development processes that support CIMB Niaga’s
of Conduct for all employees to comply with the
competitive edge in the business landscape while delivering
meaningful benefits to customers. latest developments in applicable regulations and the
practice of positive behavioral values accepted by the
Through this program, I received comprehensive guidance and public.
training, which significantly supported the development of my 3. Conducting annual attestations of commitment to
technical and professional IT skills.
the implementation of the Code of Ethics and Code
I hope that CIMB Niaga will continue to innovate through the of Conduct, as well as compliance with the Integrity
adoption of reliable and modern technologies, while consistently Pact, by each employee, to be carried out at least
providing opportunities for the younger generation to grow and once a year.
contribute to the Company’s growth and to society 4. Encouraging the disciplined and consistent
implementation of applicable policies and procedures.
5. Collaborating with independent third parties in
Employees are expected to gain enjoyable and valuable implementing the Whistleblowing Policy to ensure
learning experiences, along with the convenience of independence and transparency.
accessing training and education programs anytime and 6. Enhancing the implementation of Know Your
anywhere through online and digital learning platforms. Employee practices through:
a. Socializing the Know Your Employee (KYE)
REALIZATION OF COMPETENCY DEVELOPMENT framework to all employees, particularly People
PROGRAMS Managers.
The implementation of competency development b. Updating the employee monitoring process
programs during 2025, along with related data and with stricter sanctions for employees with a
discussions, is detailed in the Company Profile chapter of collectability rating >1 who disregard information
this Annual Report. and reminders from their supervisors or the HR
Unit.
COMPETENCY DEVELOPMENT EXPENSE
During 2025, CIMB Niaga allocated a total of IDR 187.90 EMPLOYEE TURNOVER RATE
billion for its entire employee education and HR training In order to anticipate employee turnover levels, CIMB
programs. Niaga conducts analysis and market benchmarking,
particularly for key and critical positions. The methods
RISK AND COMPLIANCE CULTURE keep the Bank’s turnover consistent with its strategy and
CIMB Niaga has always been steadfast in delivering its future business plans while keeping the Bank competitive
commitment to building a strong risk and compliance in the market with due consideration of its financial
culture rooted in the EPICC values. To foster a robust risk capacity.
and compliance culture, the Bank applies the principles
of equality and employment opportunity at the highest During 2025, the Bank had a voluntary employee attrition
level. The Bank exerts this effort to ensure that all rate of 8.49%, representing an increase of 0.86% year-on-
employees perform all their duties and responsibilities in year from the previous year’s corresponding period.
accordance with their competencies and expertise while
upholding the value of integrity. Turnover 2025 2024
Incoming Employees 1,446 1,597
Outgoing Employees 1,729 1,644
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PERFORMANCE ASSESSMENTS RETENTION AND PROMOTION
Performance assessments are conducted using Key CIMB Niaga consistently undertakes various retention
Performance Indicators (KPI) for the Board of Directors initiatives to retain high-performing employees, through
and Goals for employees, a predetermined approach both monetary and non-monetary rewards. On a periodic
based on the Bank’s performance targets for related basis, the Bank conducts analyses of cash compensation,
units. The alignment of KPIs and Goals with the Bank’s particularly for key and critical positions, to ensure
objectives and strategy with due consideration of risk continued market competitiveness while remaining
and compliance aspects. The following are the stages of aligned with the Bank’s financial capacity and risk
performance assessment implemented by CIMB Niaga to profile. Each year, the Bank organizes the Outstanding
ensure fairness and objectivity: Performance Recognition Award (OPeRA) program as a
1. Self-assessment. platform to recognize and reward outstanding employees
2. Preliminary review. across both business units and supporting functions for
3. Validation of performance by related units. excellence in their respective fields.
4. Face-to-face performance discussion process between
superiors and employees (1-on-1 discussion). The Bank also implements long-term talent retention
programs, including the Talent Retention Incentives
CIMB Niaga also incorporates feedback mechanisms Program (TRIP) and employee loan benefits (staff loans),
within the performance evaluation process that are while remaining aligned with the performance of both
aligned with the key behaviors of each EPICC value, the Bank and its employees.
including 180-degree EPICC feedback for Senior Leaders
and Top Management. Through this approach, all In addition, with regard to employee benefits, the Bank
employees—including all Leaders—are expected to offers a lifestyle benefits program that allows employees
consistently demonstrate EPICC behaviors in carrying out to choose benefits tailored to their individual needs.
their daily roles and responsibilities. Furthermore, as part of efforts to enhance employee
engagement with the Bank, CIMB Niaga also provides
REMUNERATION scholarships for employees as well as for employees’
CIMB Niaga’s remuneration strategy is designed to children.
attract, motivate, and retain employees so that they can
continuously deliver optimal performance in support of Employees are given opportunities for self-development,
achieving established targets. Accordingly, CIMB Niaga is both in technical competence and leadership, through
committed to implementing remuneration policies that expanded responsibilities, cross-unit assignments,
support employee well-being, remain competitive in the participation in key projects, and other placements
market, and are aligned with the Bank’s financial capacity. effectively designed based on their position, performance,
and competencies. One of the development initiatives
The Bank conducts periodic and continuous reviews of its that is kept available to date is the acceleration program,
remuneration system to ensure that it remains dynamic, where employees are entitled to intensive training to
responsive, risk-based, competitive, and compliant help them adapt to new tasks and responsibilities as
with prevailing laws and regulations. The key principles they work to deliver the best they can, and performance-
applied in formulating the Bank’s remuneration include based adjustments to remuneration packages depending
employee competence and performance (meritocracy), on their respective roles and responsibilities.
prevailing market remuneration practices (market
competitiveness), appropriateness and fairness in RETIREMENT PREPARATION PROGRAM
accordance with position or role, internal equity, Throughout 2025, 123 employees and their spouses
job risk level, the Bank’s performance and financial were enrolled in CIMB Niaga’s Retirement Preparation
condition, and the Bank’s long-term strategy. Reviews Program, a series of sessions designed to help them
of the remuneration system also extend to policies and prepare for their retirement with information on rights,
procedures related to employee benefits, with the aim of obligations, and how to obtain retirement benefits,
enhancing employee motivation while continuing to take financial management, physical and mental health,
into account the Bank’s capacity and risk profile. besides experience-sharing with program alumni. This
program enabled participants to confidently navigate
the transition where they could make prudent financial
plans, maintain their health, develop new interests, and
build social connections.
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FORWARD30 TRANSFORMATION AND 2. Implementing Top-Down Cascading Forward30
EFFORTS TO BUILD EMPLOYEE ENGAGEMENT through various activities, such as special Forward30
THROUGH AN ENHANCED EMPLOYEE editions of the EPICC Podcast, Train The Trainers
EXPERIENCE (TTT) Forward30 for KFP, Forward30 Quizzes, and the
CIMB Niaga is entering the next phase of its transformation development of Forward30 modules in LOG+.
toward 2030 through Forward30, guided by the purpose 3. Continuing the implementation of diversity and
Advancing Customers & Society. As one of the key players inclusion programs, such as Perspektif, YOUNG@
in Indonesia’s banking industry, CIMB Niaga is committed CIMBNiaga, and the Digital Leadership Conference in
to helping customers and the Indonesian community collaboration with OCTO Hack Fest. In addition, the
realize their dreams and aspirations, driven by the spirit Company continues to support employee well-being
of Work from Heart. through SHINE, which now has more than 6,000 active
members by opening two new activity branches, as
Forward30 is not merely a strategy, but a shared well as by organizing Employee Volunteering Day.
aspiration rooted in the EPICC values and the Work From 4. Continuing Enabling Talent Initiatives and leadership
Heart spirit, articulated through four key strategies (4C) development programs through The Complete
that serve as the organization’s primary direction: Capital, Manager, Compact Digital Leadership Programs, and
Cash/CASA, Cross-Sell, and Capabilities. By integrating Signature Leadership Programs. These initiatives are
the 4C strategy across all business activities, CIMB Niaga also supported by VR-based learning infrastructure
continues to deliver a Simpler, Better, Faster experience across 12 VR Corners, 325 branches, and 2 VR Hubs,
at every customer touchpoint—from branch services as well as 241 thousand LXP learning contents
and digital channels to internal operational processes. available on LOG+.
The drive to simplify processes, enhance service quality,
and accelerate responsiveness remains a key focus in Efforts to deliver a Simpler, Better, Faster experience
meeting the evolving needs of customers. are also applied in enhancing the employee experience,
one of which is through improvements to the annual
From the Forward30 perspective, business success is survey. This year, the survey was made more concise and
not viewed solely in terms of financial growth, but also relevant through the Employee Sentiment Survey 2025.
through the positive impact created for society. With a
more focused strategy, a strong work culture, and a high EMPLOYEE SENTIMENT SURVEY (ESS) 2025
spirit of collaboration, CIMB Niaga is increasingly well As part of CIMB Niaga’s commitment to creating a positive
positioned to deliver its best contributions to Indonesia. and inclusive work environment that fosters employee
engagement, the Company once again conducted a
To ensure that every employee has the opportunity to survey to measure employee experience as well as assess
contribute to the achievement of Forward30, all key the organizational health index. This survey serves as a
messages are disseminated evenly through a top-down platform for all employees to share their perspectives
cascading approach involving the Board of Directors, and feedback regarding their work experience and level
Senior Leaders, and Change Agents (EPICC Ambassadors), of engagement within the organization.
delivered through a blended learning approach to ensure
effective communication of the material. The survey measured employee experience parameters,
nine dimensions of the Organizational Health Index
In line with the purpose Advancing Customers & Society, (OHI), as well as questions related to employees’ roles
the internalization of EPICC values is integrated with in supporting the implementation of the long-term
the introduction of Forward30 as the Bank’s long-term Forward30 strategy. CIMB Niaga collaborated with an
business strategy toward 2030, through the following independent third-party consultant to ensure that the
programs and initiatives: data processing was conducted objectively and that
1. Continuing EPICC internalization and appreciation respondent confidentiality was maintained.
programs at the unit level, including EPICC Connect;
the EPICC Competition (as a catalytic initiative to The results of this survey will serve as an important
encourage the implementation of EPICC Asik, CSR reference for the Company in formulating more targeted
activities, and Work From Heart); EPICC Ruang and effective internal policies and strategies to enhance
Bersama Ngopi (Skip Level); and the selection of OPeRA the employee experience and strengthen employee
EPICC Stars through EPICC Heroes at the unit level, engagement going forward.
which are integrated with the ARJUNA Recognition
and Feedback feature. The implementation of In the Employee Sentiment Survey (ESS) 2025, conducted
these programs is supported by KFP and EPICC independently by a third party, CIMB Niaga once again
Ambassadors, who also serve as Persons in Charge successfully maintained its Organizational Health Index (OHI)
(PIC) for CX Day. in the Top Decile category, reflecting the Bank’s position
among the top 10% of organizations with the highest scores.
386 PT BANK CIMB NIAGA TBK 2025 Annual Report
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This achievement reflects the consistency of the Bank’s awareness among employees through thematic
various strategic initiatives in building a positive, inclusive, campaigns conducted on a regular basis, featuring
and collaborative work environment. These efforts different monthly themes focused on diversity,
contribute to strengthening employee engagement as equity, and inclusion.
a key driver of organizational performance in delivering
the purpose of Advancing Customers & Society. 3. D&I Dashboard & Reporting
The Bank conducts regular monthly monitoring of
DIVERSITY AND INCLUSION various internal programs or activities within CIMB
In responding to rapidly evolving dynamics across various Niaga that may be indicative of potential violations of
aspects, including economic, business, social, cultural, diversity and inclusion principles.
and environmental factors that have led to heightened
public awareness of diversity and inclusion, the Bank 4. Leadership Influence
continues to strive to build a strong organization by The role of leaders serves as the backbone in creating
embracing diversity and inclusion, which means that a positive work environment. Here, the Bank ensures
the Company values the unique traits of each one of that leaders consciously and responsibly support the
its employees—including, among others, background, creation of an inclusive culture through the use of
experience, age, gender, and other characteristics— various internal communication platforms within the
as a source of strengths that enables the Company to Bank (also applicable to external media).
become more adaptive, responsive, and resilient to every
emerging challenges and lays a safe space for everyone 5. Talent Action (Employee Experience &
to collaborate and participate in strengthening the Empowerment)
Company’s business and organizational health. Talent action (employee experience & empowerment)
is enriched to provide support for employees
The implementation of Diversity and Inclusion at CIMB from diverse backgrounds to access development
Niaga is carried out through a range of initiatives and opportunities and well-being in an equitable manner,
programs across the following pillars: without discrimination based on the different traits
unique to each employee.
1. Strategic Intent
The principles of diversity and inclusion are 6. Sustainability and Empowerment
integrated into the Bank’s overall growth strategy CIMB Niaga provides opportunities for persons with
and are campaigned through various internal and disabilities, promotes women’s empowerment, and
external channels to ensure that the application of supports youth empowerment, as well as individuals
diversity and inclusion principles is clearly articulated with specialized skills that meet the qualifications for
and firmly embedded. In this regard, the Bank seeks certain positions, as a tangible manifestation of the
to build awareness among Stakeholders regarding Bank’s commitment to helping build an inclusive and
the implementation of these principles by providing equitable society.
information through the CIMB Niaga website, internal
communication channels, and by including provisions OPeRA INNOVATION
related to harassment, abuse, and discrimination In 2025, CIMB Niaga once again held the OPeRA Innovation
in the Code of Ethics and Code of Conduct. This is program as part of its digital strategy initiatives and a
intended to ensure that Stakeholders understand the culture of continuous development. The objective of this
Bank’s efforts to consistently uphold and implement program is to foster a culture of innovation, encourage
diversity and inclusion principles. employees to contribute ideas for business development,
and reward creative and innovative ideas that deliver
2. Education and Awareness positive impact for the Bank.
The Bank provides various education and training
channels, including leadership and interpersonal Employees were provided with training by Subject
programs entitled to employees at various levels, Matter Experts through learning innovation series, idea
virtual learning sessions and seminars, as well as incubation, and presentation skills workshops, aimed at
online learning that are widely accessible to all enabling them to develop and refine innovative ideas while
employees, including specific topics highlighting preparing them to effectively present their ideas. During
the role of women in innovation, eco-technology, this period, a total of 351 proposals were submitted by
the social environment, and other related areas. employees, both individually and in groups, which were
In addition, internally, the Bank continues to build subsequently proceeded to the selection process, with
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Performance Management Company Management Risk
Highlights Reports Profile Discussion & Analysis Management
employees whose ideas were selected presenting their Workers’ Unions. This forum brought up discussions on
ideas to the management during the final selection stage worker-related issues and followed up on the outcomes
of OPeRA Innovation. The ideas submitted were diverse, of negotiations under the 2024–2026 Collective Labor
including those related to the utilization of Generative Agreement. The LKS Bipartite forum kept CIMB Niaga and
AI, digital innovation, the addition of features in OCTO the Workers’ Unions committed to continuously fostering
Mobile, Robotic Process Automation, development of the harmonious, productive, and sustainable industrial
Bank’s products and services, process improvements, as relations.
well as Corporate Social Responsibility and sustainability
initiatives. AWARDS IN HR MANAGEMENT
CIMB Niaga always strives to implement best practices
INDUSTRIAL RELATIONS in HR management. Continuous development initiatives,
comparative studies, and participation in global-scale
COMMITMENT TO ENHANCING PRODUCTIVITY award competitions are undertaken to deliver added
CIMB Niaga positions the Workers’ Unions as its strategic value to the Bank, support its business growth, and
partner in strategy and policy execution for sustainable cement its position as an Employer of Choice. This
business growth. The Bank delivers on its commitment commitment manifests in the many recognitions and
to building and maintaining Industrial Relations by awards in 2025 from prestigious institutions at the local,
fostering positive, healthy, and harmonious working regional, and global levels under both corporate and
relationships among Management, Employees, and individual categories:
the Workers’ Unions. The constructive and harmonious
industrial relations have an ultimate goal of none other No Organizer HR Award for CIMB Niaga
than improving the productivity and well-being of both 1 MarkPlus Dream Workplace for Learning 2025
Employees and the Bank, which is to be achieved through
Indonesia Best Workplace Awards 2025
close collaboration among the above cycle to create a for Building a Collaborative Culture
2 Warta Ekonomi
productive, prosperous, and mutually supportive work through Digital Education and Employee
Participation
environment.
1. Excellence in Learning & Development
3 SWA X FEB UI 2. Excellence in Employer Branding &
INDUSTRIAL RELATIONS ACTIVITIES
Talent Acquisition
CIMB Niaga accommodates four workers’ unions (SP):
1. Excellence in Learning Development
the CIMB Niaga Indonesia Bank Worker Union (SPBCNI),
2. Excellence in Diversity, Equity &
the CIMB Niaga Employee Association (IKCN), the CIMB Inclusion
Niaga Bank Employee Union (SKKBCN), and the Niaga 3. Excellence in Employer Branding
4. Excellence in Graduate Recruitment
Community Association of Worker Union (IKN). The four 5. Excellence in Leadership Development
Workers’ Unions have members spread across both the 6. Excellence in Workplace Culture
HR Resources 7. Excellence in Employee Advocacy &
head office and CIMB Niaga branch offices throughout 4
by HR Online Brand Ambassador
Indonesia. In carrying out their roles and functions, the 8. Excellence in The Use of HR Tech
9. Excellence in CSR Strategy
Workers’ Unions actively collaborate with Management
10. Excellence in Talent Management
to ensure the establishment of healthy and productive 11. Excellence in Workplace Wellbeing
communication. 12. Excellence in Employer of the Year
13. HR Manager of The Year
14. Young HR Talent of The Year
In 2025, Management and the Workers’ Unions
5 SWA Indonesia Best CX EX Strategy 2025
collaborated in the socialization of the Collective Labor
Agreement for the 2024–2026 period. This socialization 1. Best Use of Augmented Reality and
Metaverse
reflects CIMB Niaga’s commitment to strengthening 2. Best Learning Experience Platform
constructive communication and ensuring the 3. Best Learning Strategy
4. Best Corporate Culture Transformation
implementation of harmonious, transparent, and 5. Best Learning Technology
Brandon Hall
productivity- and employee welfare-oriented industrial 6
Group
Implementation
6. Best Use of AI for LearningBest
relations. Learning Technology Implementation
7. Best Advance in Mobile Learning
To sustain collaboration, CIMB Niaga also routinely Technology
8. Best Use of Augmented Reality &
utilized the Bipartite Cooperation Institution (Lembaga Metaverse
Kerja Sama/LKS) Bipartite forum as an effective two-way
7 SWA Excellence in Creating Leaders from Within
communication platform between Management and the
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HR PLANS, STRATEGIES AND POLICIES FOR In talent acquisition and management, CIMB Niaga will
2026 keep its strategic partnerships with universities,
In line with the Bank’s direction and strategy, CIMB Niaga’s implement exchange programs for high-performing
HR Unit will remain committed in 2026 to enhancing the employees both domestically and internationally,
quality of HR and organizational effectiveness through develop structured programs for managers, provide
a series of strategic initiatives based on key pillars: the professional certifications in digital and data-related
Organization of the Future, Next Generation Workforce, fields, and pursue other related initiatives. All programs
High Performance Team, and Leading Employer Brand, are designed to equip employees with relevant skills
which are based on the EPICC values across all aspects of to support individual growth and the Bank’s continued
work and HR management, as well as Human Resources advancement.
transformation through system modernization, data
integration, and the adoption of technology that supports The Bank will also continue to review its organizational
the Bank’s strategy. structure to ensure sustained efficiency and effectiveness,
as well as the optimal utilization of technology and AI,
The Bank will continue to expand the use of digital in accordance with prevailing organizational provisions’
innovation, which will continue to enhance effectiveness guidelines. This flexible and responsive structure is
and create a Digital Employee Experience (DEX) across intended to accelerate product time-to-market, thereby
every stage of the employee lifecycle, from onboarding meeting customer needs while adapting to continuously
to exit. These initiatives include the enhancement evolving market dynamics.
of ARJUNA, the provision of personalized learning,
the expansion of Virtual Reality (VR)-based learning As part of employee development, CIMB Niaga will
programs, and other related developments. Continuous continue to implement various flagship programs such
organizational reviews will also be conducted to build a as The Complete Banker (TCB), Development Program
robust, effective, and efficient organization that is able (DP), Internship, Leadership Program, and internal
to adapt to evolving business needs, in accordance with facilitator development. In addition, the Bank will
prevailing organizational guidelines. further enhance the capabilities of internal facilitators
to strengthen knowledge and skills across CIMB Niaga,
To support employee well-being, CIMB Niaga will improve cost effectiveness, advance digital leadership,
continue to improve the quality of employee well-being and support the implementation of other Signature
initiatives, which will involve evaluating and optimizing Programs.
the implementation of hybrid working arrangements,
taking into account productivity, customer service, Through these strategic initiatives, CIMB Niaga will
organizational and employee needs, operational risks, remain committed to being a workplace that supports
and engagement levels. The Bank will also expand employee development and reach its stated business
flexible benefits, while further intensifying the goals/strategies in 2026.
sustainable corporate culture internalization program,
with a strong focus on diversity and inclusion (D&I).
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Operations, Technology, Analytics & AI
CIMB Niaga has been consistent in strengthening its
operational foundation and technological capabilities
through its Operations, Technology, Analytics & AI
directorate to support the continuity of reliable business
processes and enhance the quality of customer services.
The focus is on developing integrated digital solutions,
process efficiency improvements, and leveraging adaptive
and secure technologies to ensure responsive,
convenient, and customer-centric banking services that
adapt to evolving industry dynamics.
VISION OF THE DIRECTORATE OF growth targets. The fundamentals of operational
OPERATIONS, TECHNOLOGY, ANALYTICS & AI activities were continuous innovations through
automation and digitalization initiatives, including the
VISION utilization of Robotic Process Automation (RPA) for end-
To be valuable business partner by delivering excellent to-end processes such as collateral maintenance and
operations by leveraging technology and analytics payment reconciliation (ATM, billers, and credit cards).
capabilities to support business growth cost-efficiently. These initiatives aim to minimize manual processing
while delivering fast, accurate, and efficient services.
OPERATIONS
Through the Operations Sub-Directorate, CIMB Niaga In line with efficiency objectives, CIMB Niaga implemented
always ensures that all customer transactions are effective work processes to reduce operational costs,
processed in accordance with the applicable Service supported by process reengineering and centralized
Level Agreements (SLA). The Operations Sub-Directorate workflows with similar process streams and Stakeholders.
is also responsible for updating policies and procedures Service quality improvement also remained a priority,
as part of operational risk management and mitigation achieved through process enhancements involving
efforts. In addition to its control function, the Operations system integration, core application development, and
Sub-Directorate continuously implements process increased Straight-Through Processing (STP) rates to
improvement initiatives to enhance the effectiveness and optimize Customer Experience (CX).
efficiency of Bank operations, ensuring standardization
and alignment with the demands of modern and highly
competitive banking services. On the other hand, the Operational Risk Management
and Control continued to be a key focus through the
STRATEGY AND POLICY enhancement of Risk and Control Self-Assessment
In 2025, the Operations Sub-Directorate continued to (RCSA), increased automation of control functions, and
deliver on its commitment to addressing economic the regular updating of a comprehensive and reliable
challenges through strategies focused on efficiency Business Continuity Plan (BCP) and Emergency Response
enhancement, digitalization, and the strengthening of Plan (ERP). The Bank also continued to invest in human
internal controls to help the Bank achieve its sustainable capital development through reskilling, upskilling, and
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periodic Business Learning Sessions (BLS), as well as 3. Investment in automation technologies to minimize
the implementation of the Know Your Employee (KYE) human error risk and enhance Customer Experience
concept to ensure compliance with standard operating (CX); and
procedures, ethics, and the applicable code of conduct. 4. Continuation of the Smart Spending program to
identify efficiency opportunities across all operational
The Operations Sub-Directorate’s 2025 strategy had units.
been comprehensively designed to support business
performance, where precedence was always given to WORK PROGRAMS AND ACHIEVEMENTS IN 2025
strict operational cost discipline. This strategy was later Operational work programs and achievements in 2025
implemented through two main approaches: improving focused on process transformation through digitalization,
non-human resource cost efficiency and optimizing process centralization, critical system renewal, and
internal activities and processes to create more effective, strengthened risk controls. Here are some of the key
efficient, and sustainable operations. As part of its cost achievements made:
control strategy, the Bank undertook the following key a. Simplification of operational processes by replacing
initiatives: manual activities with system development and
1. Reviewing contractual terms with existing vendors automation for regulatory reporting functions,
and selecting new vendors with an optimal balance including RPA implementation to enhance efficiency
between cost efficiency and top service quality; and reduce processing time;
2. Comprehensive monitoring of workforce productivity b. Optimization and digitalization of workflow monitoring
to ensure optimal, effective, and efficient resource applications to streamline operational handling
allocation, coupled with selective recruitment to processes and improve Customer Experience (CX);
replace retired and/or resigned employees;
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c. Integration of internal systems to automate SLIK STRATEGY AND POLICY
checking processes; As a business enabler, IT not only provides reliable
d. Centralization of proofing processes into a single unit infrastructure but also proactively identifies customer-
to improve operational efficiency; focused strategic opportunities and develops innovative
e. Equipping all staff with a range of online and offline digital solutions. These initiatives aim to optimize
training programs through Business Learning business potential, enhance customer satisfaction, and
Sessions (BLS), experience-sharing sessions, self- continue the implementation of six strategic IT policy
directed learning via the Learning on the Go (LoG) pillars that were established in the previous year and
application, as well as educational seminars on the remain in effect in 2025, to support the Bank’s vision and
use of the latest technologies; mission.
f. Implementation of Operational Risk Management
with a focus on risk mitigation and controls in every Key IT strategic policies implemented in 2025 included:
operational activity and service, including the KYE 1. Enhancing data integration and analytics, customer
program whereby each leader is required to have service systems, personalization of mobile and digital
a thorough understanding of all employees under platforms, and maximizing AI utilization to support
their supervision and to actively uphold sound ethical decision-making and efficient customer service;
standards through continuous coaching and regular 2. Strengthening customer segmentation and
refreshment of work processes within their respective personalization, risk management, customer value
units; management, and structured collection and partner
g. Continuously enhancing operational control management systems;
processes by improving the Risk and Control Self- 3. Supporting Sharia business branding, products, and
Assessment (RCSA) framework and monitoring services to ensure seamless customer experience,
corrective actions arising from audit findings, RCSA effective risk management, and operational efficiency;
test results, and operational incidents, to ensure that 4. Developing digital platforms and improving customer
any errors or weaknesses do not recur; and journeys between CIMB Niaga and CNAF through
h. Productivity monitoring to optimize human resource forging strategic partnerships and developing sector-
utilization and reflect cost per unit across operational based financing solutions;
units. 5. Strengthening information security resilience against
increasingly complex landscape of digital threats
AWARDS through an integrated Information Security approach;
Throughout 2025, the Operations Sub-Directorate and
received several awards, reflecting its excellent 6. Enhancing digital platforms to comprehensively
transaction processing quality and operational efficiency, meet customer needs through the development of
including Straight-Through Processing (STP) Awards from sector-specific solutions, leveraging AI for customer
Citibank N.A., Bank of New York, and JP Morgan. These acquisition and advanced analytics, and optimizing
achievements underscored the Bank’s consistency in relationship management and service delivery.
maintaining reliable, accurate, and internationally aligned
operational standards that meet the best international WORK PROGRAMS
practices. The main work programs of the Information Technology
Sub-Directorate in 2025 were focused on enhancing
INFORMATION TECHNOLOGY the quality of customer services through product
To support sustainable business growth in 2025, the development and the enhancement of service
Information Technology Sub-Directorate consistently features, both across digital platforms and the branch
strengthened its commitment to delivering reliable, network. In parallel, the Information Technology Sub-
secure, and high-quality IT services. These efforts are Directorate also prioritized process efficiency across all
directed toward ensuring the readiness of infrastructure operational lines of the Bank to support more optimal
and technology systems capable of supporting the Bank’s and sustainable performance. In addition to service
operational needs, enhancing the quality of customer enhancement and efficiency, strengthening security and
services, and remaining aligned with the evolving customer protection remained a key focus through the
dynamics of the banking industry, particularly in the implementation of the following initiatives:
digital era.
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1. Upgrading network hardware in the Production and 6. Enhancing the quality of data fulfillment services for
Disaster Recovery environments to enhance system both reporting and internal analytical needs. These
reliability and capacity. In addition, data storage efforts aim to ensure the availability of accurate, high-
devices within the Core Banking system in the speed data and to strengthen the implementation of
Production environment were upgraded to support data governance.
higher transaction performance and ensure optimal
availability of banking services; COMMITMENT TO INFORMATION TECHNOLOGY
2. Renewing the IT Service Management (ITSM) platform GOVERNANCE
to improve the efficiency of IT service management The implementation of Information Technology (IT)
through automation, integrated monitoring, and Governance is an integral part of corporate governance,
enhanced user experience, in accordance with covering governance processes related to IT issues,
Information Technology Infrastructure Library (ITIL) including disruption managementand disaster recovery.
standards; and Through the implementation of IT Governance, CIMB
3. Updating server software supporting Call Center Niaga, through the Information Technology Sub-
services. Directorate, consistently ensures that all material risks
4. Continuing the development of an integrated have been identified, managed, and reported to the
Application Programming Interface (API) to enable Board of Directors.
faster and more seamless interactions with business
partners; Furthermore, the implementation of IT Governance is
5. Leveraging Robotic Process Automation (RPA) realized through a set of policies, structures, and control
technology and maximizing the implementation of mechanisms that ensure the utilization of IT is aligned
software systems that support digital workflows with the Bank’s business strategy, regulatory compliance
across the Information Technology function, requirements, and the prudential principle. This is
operational units, and other business units; reflected, among others, in:
6. Utilizing Artificial Intelligence, machine learning, 1. The execution of the duties, responsibilities, and
and Generative AI to support the development of authorities of the Board of Directors in establishing
business units and enhance customer services and the IT strategic plan, as well as evaluating and
overall customer experience; and monitoring all IT implementation activities;
7. Optimizing the use of Cloud technology for data 2. The execution of the duties, responsibilities, and
storage modernization and data integration, including authorities of the Board of Commissioners in
the implementation of data models tailored to the evaluating, directing, and monitoring the IT strategic
Bank’s needs. These initiatives aim to enable business plan and the implementation of IT governance; and
units to access accurate, high-speed data to support 3. The performance of the IT Steering Committee in
internal reporting and business performance analysis. providing recommendations to the Board of Directors
regarding the Bank’s IT strategic plan, policies,
PRODUCT SUPPORT DEVELOPMENT development, and implementation.
1. Developing an internal Event Travel Fair application to
support seamless, transparent, and well-documented In order to assist and support the execution of the duties
customer registration and transaction processes and responsibilities of the Board of Directors, meetings
during travel fair events; of the IT Strategic Committee are held on a regular
2. Enhancing and upgrading customer services on the quarterly basis, with periodic updates also provided to
OCTO Mobile application through the implementation members of the Board of Commissioners who serve on
of new features, including Perusahaan Gas Negara the Independent Risk Monitoring Committee (KIPER) and
(PGN) bill payments and NFC Tap and Pay; the Audit Committee.
3. Implementing Multi-Factor Authentication (MFA)
mechanisms for gold account opening, as well as As a demonstration of compliance with regulatory
adding gold transfer and gold printing features at requirements in the area of IT Governance, CIMB Niaga
Pegadaian, which can be initiated through the OCTO is committed to fulfilling the following compliance
Clicks application; obligations:
4. Developing an Insurance Product Servicing Menu on 1 Services Authority (Otoritas Jasa Keuangan/OJK)
OCTO Clicks and OCTO Mobile; concerning periodic self-assessment of the Bank’s
5. Developing the Sharia Business Unit Spin-Off, digital maturity level. The Bank’s digital maturity
encompassing the separation and adjustment of the is assessed at Level 1, as reflected by the effective
Customer Information File (CIF), Credit Limit System, implementation of all activities and the Bank’s
General Ledger System, AML systems, and regulatory application of continuous improvement mechanisms.
reporting modules to support operational separation, Any identified weaknesses are generally not material
regulatory reporting, risk mitigation, and enhanced in nature;
Sharia customer experience; and
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2. Compliance with Bank Indonesia (BI) regulations INFORMATION SECURITY
regarding the periodic conduct of Information
Technology (IT) Audits for Payment Systems, with INTEGRATION OF INFORMATION SECURITY AND
audit results submitted in a timely manner. The IT DATA PROTECTION OFFICE FUNCTIONS
Audits are conducted in accordance with BI-prescribed The Information Security Sub-Directorate integrates
procedures by independent external auditors Information Security functions with the Data Protection
registered with the relevant authorities or Self- Office (DPO) to be Sub-Directorate Information Security
Regulatory Organizations (SROs) for Payment System to strengthen the unified governance of cybersecurity,
Service Providers classified as Systemic Payment information security, and data privacy. This integration
System Operators (PSPS); and ensures that policy management, oversight, and risk control
3. Ensuring that internal provisions within the Bank’s IT for both information security and data protection operate
Policies and Procedures have been adapted to and within a single, aligned, and effective governance framework.
comply with applicable regulatory requirements, This approach ensures that the management of Information
including regulations issued by the Financial Confidentiality, Integrity, and Availability (CIA) is executed
Services Authority and Bank Indonesia, reflecting the consistently and accountably across the entire organization.
implementation of IT management that consistently
incorporates risk management considerations in its This integration is fully aligned with Financial Services
ongoing processes. Authority Regulation (POJK) No. 11 of 2024 on the
Implementation of Risk Management in the Use of
INFORMATION TECHNOLOGY HUMAN CAPITAL Information Technology by Commercial Banks, as well as OJK
DEVELOPMENT Circular Letter No. 29/SEOJK.03/2024, which offers technical
Several initiatives to continuously enhance the guidance on the implementation of information security
competencies of Information Technology (IT) human and cyber resilience in the banking sector. In addition, the
resources include the following: strengthening of this function is also aligned with Bank
Indonesia regulations on Information System Security
1. Enhancement of Technology Knowledge and Cyber Resilience (Keamanan Sistem Informasi dan
Developing employee capabilities through training Ketahanan Siber/KKS), as stipulated in BI Regulation (PBI)
programs in Cloud Technology, Generative AI, No. 2 of 2024 and PADG No. 24 of 2024. These regulations
Application Security, Agile methodologies, and Digital consistently emphasize the importance of comprehensive
Transformation; information security governance, with clear roles, oversight
mechanisms, and accountability at the management level.
2. Upskilling and Competency Certification Programs
Continuing soft skill and technical skill training programs, This approach lays a strong foundation for strengthening
as well as professional certifications to strengthen IT and a culture of security and data awareness across the
Cyber Security expertise, including but not limited to organization. The Information Security function monitors
Certified Information Security Manager (CISM), Certified cyber risks and data protection compliance holistically,
in Risk and Information Systems Control (CRISC), identifies emerging threat trends, and adaptively adjusts
Certified Information Systems Auditor (CISA), Cloud policies in response to regulatory and technological
Solution Architect, TOGAF 10th Enterprise Architecture developments.
Practitioner, and Risk Management Certified; and
Through this initiative, CIMB Niaga strengthens its strategic
3. Strategic Collaboration with Human Resources position in maintaining long-term digital resilience, ensuring
Collaborating with the Human Resources function to that information security and data protection are not merely
implement the Technology Graduate Program (TGP) matters of regulatory compliance, but are embedded within
and other employee development initiatives, with the Bank’s operational culture and institutional commitment
the objective of developing highly competent talent to customer trust and financial system stability.
capable of sustaining and advancing future work
programs in a more efficient and effective manner. Furthermore, Information Security Sub-Directorate
established the following strategic initiatives:
AWARDS 1. Enhancing detection and response capabilities through
CIMB Niaga, through its Information Technology Sub- the implementation of Identity Threat Detection
Directorate, received an award in this domain, the and Response (ITDR) to strengthen vigilance against
Indonesia Digital Sustainability Award 2025, from Jak potential misuse of digital identities and access;
TV. This award was granted in recognition of the Bank’s 2. Optimizing security operations by improving the
contribution to the development of sustainable digital efficiency of security system management and
solutions in Indonesia, as reflected in the consistent infrastructure monitoring, enabling faster and more
implementation of a digital-based business strategy. effective incident detection, response, and recovery
processes;
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3. Continuing the Bank-wide Personal Data DATA, ANALYTICS DAN ARTIFICIAL
Protection program through the implementation INTELLIGENCE
of a comprehensive Personal Data Protection In developing Data, Analytics, and Artificial Intelligence
framework to ensure compliance with applicable (AI) capabilities, CIMB Niaga, through the Data, Analytics
laws and regulations. This includes operationalizing & AI Sub-Directorate, has designed a comprehensive
data protection measures across all product and data strategy and modern data ecosystem covering the
service developments, conducting third-party risk management of both structured and unstructured data.
assessments, and continuously enhancing Bank-wide This strategy ensures the availability of real-time and
awareness; historical data, as well as seamless integration with the
4. Continuously strengthening application security presentation layer within business units, enabling optimal
governance by embedding security principles from utilization in decision-making processes. All initiatives
the design stage through to operational deployment, are implemented in accordance with Data Governance
thereby enhancing system resilience and quality; and principles to maintain data quality, consistency, and
5. Reinforcing application and infrastructure security security.
through comprehensive enhancements in application
development and operations by applying security In line with this approach, the Data, Analytics & AI
principles at every stage. These efforts are further Sub-Directorate has also implemented an Enterprise
supported by technology refresh initiatives, expanded Data Platform as a centralized data management hub,
application protection coverage, and strengthened leveraging cloud technology and Medallion architecture.
database access controls. This approach enables a more structured data design,
enhances data availability and accuracy, and accelerates
INFORMATION SECURITY CERTIFICATION the generation of relevant insights to support business
CIMB Niaga has obtained a Computer Security Incident performance and the Bank’s sustainable digital
Response Team (CSIRT) Registration Certificate from the transformation.
National Cyber and Cryptography Agency (BSSN) for the
establishment of the Cyber Defense Center of Excellence In addition, the Data, Analytics & AI Sub-Directorate has
(COE) as the Bank’s Organizational Cyber Incident undertaken the following initiatives in the utilization of
Response Team within the financial sector. It was an digital, data, analytics, and AI:
achievement that highlighted the Bank’s commitment to 1. Conducting an assessment of the Bank’s digital
strengthening cyber resilience, enhancing preparedness maturity and readiness through the Digital Maturity
in handling information security incidents, and ensuring Assessment for Banks (DMAB), with the Bank’s digital
adherence of system and customer data protection to maturity assessed at Level 1;
applicable national standards. 2. Enhancing the knowledge and capabilities of human
resources through training programs in Cloud
INFORMATION SECURITY HUMAN CAPITAL Technology, Generative AI, Application Security, Agile
DEVELOPMENT methodologies, and Digital Transformation.
Several initiatives aimed at continuously enhancing the
competency of human resources within the Information FUTURE PLANS, STRATEGIES, AND POLICIES
Security Sub-Directorate include:
1. Upskilling and Professional Certification Program OPERATIONAL PLAN
Continuing the development of both soft skills and In 2026, the Operations Sub-Directorate has established
technical expertise through specialized training and a strategic work plan as part of efforts to anticipate
industry-standard certifications. This initiative focuses business dynamics and challenges, while ensuring
on strengthening Cybersecurity capabilities, including effective, efficient, and sustainable operational support
but not limited to: Certified Information Security for CIMB Niaga’s performance. The forward-looking work
Manager (CISM), Certified in Risk and Information plan is designed to strengthen operational reliability,
Systems Control (CRISC), Certified Information enhance process efficiency, and support the achievement
Systems Auditor (CISA), and other recognized Risk of the Bank’s business objectives, which include the
Management Certifications. following:
2. Strategic Collaboration with Information Technology
& Human Resource. 1. Enhancement of Risk Control Processes
Partnering with the Human Resources department To strengthen operational resilience by reducing
to execute the Technology Graduate Program (TGP) manual processes and minimizing the risk of human
and other employee development initiatives. These error, the Operations Sub-Directorate will enhance
programs are designed to cultivate high-caliber talent and expand the implementation of Robotic Process
capable of driving future work programs with greater Automation (RPA). This initiative will be reinforced
efficiency and effectiveness. through the centralization of safeguarding for
Cooperation Agreements (Perjanjian Kerja Sama/
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PKS) to ensure the integrity and security of the Bank’s 3. Enhancement of Service Levels
legal assets, aligned with the optimization of Straight- To improve service standards and customer
Through Processing (STP) for credit facility renewals, security, the Operations function will prioritize
thereby establishing a reliable and measurable enhancements to customer callback protocols to
internal control structure. strengthen validation processes and transaction risk
mitigation. Furthermore, service transparency will be
2. Enhancement of Operational Human Capital significantly improved through the implementation
Capabilities and Knowledge of systems capable of providing customers with up-
In order to improve the quality and adaptability of to-date information on card delivery status, thereby
human resources within the Operations function, ensuring a proactive and reliable service experience.
the Operations Sub-Directorate will implement the
Operations Academy initiative. This program will 4. Productivity Enhancement through System
focus on process improvement capabilities within Development
each unit, understanding and implementation As part of efficiency initiatives, the Operations
of risk management and controls, operational Sub-Directorate will undertake comprehensive
cost efficiency, and the fundamental mindset development of core operational systems,
and leadership capabilities required to achieve particularly within the Trade, Treasury, and Custodian
operational excellence. Bank segments, along with the transformation of
document storage systems into fully digital formats.
In addition, productivity will be enhanced through
the optimization of Straight-Through Processing (STP)
to achieve optimal turnaround times, as well as the
end-to-end digitalization of underlying documents to
Michael McGauran create a responsive operational ecosystem.
Artefact
Partner
5. Performance Monitoring and Operational Cost
Efficiency
The Operations Sub-Directorate’s strategic focus
on cost management will be implemented through
Artefact (artefact.com) is a global leader in Data and AI technologies
and services. We design, build, and help clients create value from
active identification and monitoring of cost-saving
Data and AI by building bespoke, production-grade Data initiatives, with a key initiative being the optimization
Foundations, Advanced Analytics, GenAI and Agentic AI systems. of cash circulation and distribution across the Bank’s
ATM network at all touchpoints. This measure is
We started exploring collaboration options in 2024 and were
essential to reducing daily operational costs and
officially mandated by CIMB Niaga in early 2025 to develop a
strategic Generative AI solution for Relationship Managers and
ensuring the effective utilization of resources.
Contact Centers to enhance customer engagement, elevate banking
services, and accelerate the deployment of multiple high-value use 6. Implementation of Transformational Strategic
cases into production. Projects
The Bank will launch a series of transformational
We partnered with CIMB Niaga using Artefact’s proven co-design
and co-development model, with our teams deeply embedded
projects, including the implementation of electronic
within the bank’s business and technology teams to jointly design forms for all transactions across operational
and deliver the platform. The first use cases are in Wealth touchpoints and the adoption of a comprehensive
Management and Customer Experience and we always start close to cash management system. Concurrently, a new
the business, working directly with the people who use and
workflow system will be developed to enhance the
experience the solutions—be it bankers, contact-centre staff, or
other users—to define what great looks like.
accuracy of negative information, accelerate loan
approval processes, support high-quality business
AI will transform nearly every job, process, and experience in the growth, and further optimize Straight-Through
coming years. CIMB Niaga is well positioned to capture value from Processing (STP) and internal controls.
this transformation: in 2025, the bank built strong data and
knowledge foundations that enabled AI to be deployed at scale
across the organisation. In 2026, the Generative AI solution
INFORMATION TECHNOLOGY PLAN
empowered by the implementation of AI factory will enable a broad In line with business growth and the adoption of the
pipeline of high-impact use cases with tangible benefits for latest technological advancements, the Information
employees and customers. This will help foster the “Simpler, Better, Technology Sub-Directorate will continue, in 2026,
Faster” mindset, and Forward30: CIMB Niaga’s roadmap to
to consistently deliver high-quality services aligned
accelerate growth and future-proof the organisation.
with the evolving needs of the Bank’s business. The
Information Technology Sub-Directorate will maintain
its proactive role as a business enabler, accompanying
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and supporting all business units in optimizing banking Management in the Use of Information Technology by
services—particularly across digital channels—while Commercial Banks, as well as OJK Circular Letter No. 29/
continuing to provide convenience, comfort, and security SEOJK.03/2022 as the technical implementation guideline.
for customers. The application of these security principles continues
to emphasize a balanced approach among regulatory
Several initiatives planned for implementation in 2026 compliance, security, and customer convenience in every
include: digital service innovation.
1. A primary focus on sales enablement and customer
engagement through the provision of new tools for The Information Security Sub-Directorate has planned
the sales force, strengthening the Bank’s service the following initiatives for 2026:
platforms, and further development of value chain 1. Enhancing operational excellence in the management
solutions that deliver added value to clients. The of implemented security controls and devices.
established two-way synergy with CNAF will also 2. Continuously strengthening application security
continue to be expanded to drive sustainable governance through the application of security
customer growth and loyalty. principles from the design phase through to
2. For the collaborative ecosystem, initiatives will focus operations, in order to enhance system resilience
on providing consultative support to customers and ensure comprehensive application quality and
during integration processes and accelerating service reliability.
delivery. Effectiveness will also be enhanced through 3. Refining identity and access management to ensure
the development of solutions integrated with various more controlled access provisioning, in accordance
internal applications and systems to facilitate with functional requirements and applicable
transactions and business collaboration. compliance policies.
3. Data management transformation through the 4. Enhancing security monitoring capabilities through
implementation of automation solutions, support improved log integration and management to
for customer assessment based on up-to-date support faster and more targeted incident detection
information, and enhancement of intelligent and response.
document verification. These efforts will support 5. Strengthening data and communication protection
faster and more accurate decision-making in by improving the effectiveness of email security
customer acquisition and data management. systems, implementing more systematic personal
4. Consistent efforts to strengthen operational resilience data management, and enhancing controls over
and reliability through core system upgrades and digital certificates and cryptographic keys.
modernization, simplification of internal service
requests, and reinforcement of identity and security In line with the continued implementation of the
management systems, aimed at ensuring seamless Personal Data Protection program initiated in 2022, CIMB
business services and the protection of customer Niaga has entered the operational and optimization
data. phase with a focus on enhancing customer experience.
5. In the area of human capital development, the Through the optimization of both digital and non-digital
continuation of the CIPTA program and career service channels, CIMB Niaga provides customers with
development plans to ensure the availability of greater ease, security, and convenience in accessing
high-quality and sustainable talent in support of the and managing personal data in an efficient and
Company’s growth. integrated manner. All of these initiatives reflect the
Bank’s commitment to delivering superior services
INFORMATION SECURITY PLAN while contributing sustainably to the advancement of
The Information Security Sub-Directorate plays a customers and society.
proactive role in supporting all CIMB Niaga business
units to ensure the delivery of digital banking services DATA, ANALYTICS & AI PLAN
that are secure, reliable, and compliant with regulatory In line with the acceleration of digital transformation
requirements. Through a collaborative approach, this and the increasing use of data in business decision-
unit not only focuses on protecting information assets but making, CIMB Niaga, through the Data, Analytics &
also acts as a business enabler that strengthens customer AI Sub-Directorate, continues to strengthen its data,
trust and promotes responsible digital innovation. analytics, and artificial intelligence capabilities as a
strategic foundation for sustainable growth. The Data,
The implementation of Information Security activities Analytics & AI Sub-Directorate has formulated a focused
consistently refers to Bank Indonesia Regulation No. and integrated Data, Analytics & AI development plan.
2 of 2024 on Information System Security and Cyber Initiatives to be implemented in 2026 in relation to the
Resilience (Keamanan Sistem Informasi dan Ketahanan development and enhancement of data, analytics, and
Siber/KKS), Financial Services Authority Regulation No. artificial intelligence include:
11/POJK.03/2022 regarding the Implementation of Risk
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1. Continuing the development and enhancement of c. Developing a bank-wide Customer360 data
Data Management and AI governance, including: model to support data-driven strategy and
a. Updating policies and procedures related to provide holistic insights into customer behavior,
data management, data quality, and metadata preferences, and needs;
management, as well as implementing AI d. Consolidating data processing and implementing
Governance and Standard Operating Procedures data quality processes covering both structured
(SOPs), Risk and Control Assessments to ensure and unstructured data;
compliance with risk, regulatory, and operational e. Continuing the implementation of the Master
governance requirements; Data Management roadmap related to the
b. Developing frameworks and governance for utilization of a “Golden” CIF, and providing
the remediation management of Data Quality customer relationship analysis to support
Issues for both structured and unstructured analytics campaigns aimed at improving the
data (particularly documents), to accelerate quality of business leads;
remediation processes and support AI/GenAI f. Advancing Data Democratization initiatives to
initiatives; enhance data utilization and integrated data
c. Continuing to enrich Critical Data Elements understanding, supporting self-service processes
(CDEs) and refine CDE validation rules within and broader Bank-wide data usage;
the Business Glossary, including rules related to g. Continuing the implementation of GenAI initiatives
regulatory reporting aspects; to assist Relationship Managers (RMs) and contact
d. Continuing the development of Data Quality rules center agents in accelerating customer service
to prevent potential new data quality issues, processes with fast and consistent responses;
establishing dedicated task forces to accelerate h. Implementing AI democratization initiatives to
data quality issue remediation, and prioritizing accelerate the deployment of AI use cases by
both tactical and long-term solution programs; leveraging reusable components; and
and i. Developing additional AI/GenAI initiatives to
e. Continuing education initiatives and the support the alignment of internal documents with
development of data literacy and awareness for regulatory and other policy documents, identify
Data Owners, Data Stewards, and other relevant potential misuse activities, enhance Treasury
units. transaction analytics, deploy chatbots across
2. Continuing the Bank’s Long-Term Data Strategy, various CIMB Niaga platforms, and improve
including: the speed and accuracy of decision-making by
a. Continuing the Enterprise Data Platform program Stakeholders.
to reduce data duplication and inconsistencies, 3. Building customer hyper-personalization to better
thereby enabling more accurate decision-making, understand customer needs and preferences related
strengthening Data Governance and Compliance, to the Bank’s product and service offerings; and
supporting the implementation of analytics and 4. Developing data-driven insight capabilities by
AI/GenAI, enhancing operational efficiency, and leveraging internal and external data to enhance
driving cost optimization; customer experience and expand the Bank’s market
b. Implementing the Operational Data Store share.
initiative to enable the use of up-to-date data in
real time;
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Living Our Values,
Inspiring Every Dream
CIMB Niaga brings its corporate values to life through
a culture of integrity, collaboration, and empowering
employees to deliver their best performance for customers,
guided by a spirit of working from the heart.
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07
Corporate
Governance
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Implementation of CIMB Niaga’s 404 Committees at the Board of 514 Transparency of the Bank’s 569
Good Corporate Governance Directors Level Financial and Non-Financial
Conditions
Basis, Guidelines and Objectives 406 Corporate Secretary 522
of Good Corporate Governance Reporting Integrity and 570
(GCG) Implementation Internal Audit Unit (IA) 525 Information Technology Systems
Stages of GCG Implementation 406 Compliance Management Unit 533 Conflict Management Policy 570
Anti-Money Laundering (AML), 538 (Including Insider Trading)
The Interrelation of GCG 407
Implementation Counter the Financing of Dividend Policy 571
with Bank Performance Terrorism (CFT) and Counter
of Proliferation Financing of Long-Term Compensation Policy 571
Initiatives to Enhance the 407 Weapons of Mass Destruction
Quality of GCG Implementation (CPFWMD) Program Shares and Bonds Buyback of 571
in 2025 CIMB Niaga
Public Accountant 544
Milestone of CIMB Niaga’s GCG 408 Customer Protection Policy 572
Risk Management System 545
GCG Structure and Mechanism 409 Internal Fraud 574
of the Bank Internal Control System 550
Whistleblowing System 576
GCG Implementation Assessment 411 Important Cases 552
Strategic Plan of the Bank 580
General Meeting of Shareholders 413 Sanctions 555
Implementation of the ASEAN 580
Board of Commissioners 435 Tax Governance Framework, 555 Corporate Governance
Management and Control Scorecard
Independent Commissioner 448
Anti-Bribery and Corruption 556 Indonesian General Guidelines 581
Board of Directors 449 Policy for Corporate Governance (PUGKI)
Performance Assessment of 467 Provision of Funds to Related 558 Implementation of Corporate 591
the Board of Commissioners Parties Governance Aspects and
and Board of Directors Principles for Public Companies
Policy for Disclosure of 558 Pursuant to Financial Services
Policy on the Diversity of the 471 Information Regarding Share Authority Provisions
Board of Commissioners and Ownership of Members of The
the Board of Directors Boards of Directors and Board Integrated Governance 595
of Commissioners Implementation Report
Nomination and Remuneration 474
Policy Access to Corporate Data and 559 Sharia Business Unit 604
Information Governance Report
Ultimate and Controlling 481
Shareholders Goods and Services 560 Transparency of Bad 612
Procurement Policy Governance Practices
Affiliated Relationships of The 482
Board of Commissioners, Sharia Code of Ethics and Code of 563 Governance in Strengthening 612
Supervisory Board, Board Conduct a Long-Term Strategy with
of Directors and Controlling Integrity and Sustainability
Shareholders Corporate Values and Culture 566
Culture of Integrity and 612
Committees at the Board of 484 Implementation of the 567 Sustainability as Operational
Commissioners Level Sustainability Concept in Pillars
Business Processes
Audit Committee 484 Leadership in Maintaining 613
Sustainability Report 567 Reporting Integrity and
Risk Oversight Committee 492 Preparation Framework Credibility
Nomination and 499 Provision of Funds for 568 Statement on Implementation 613
Remuneration Committee Social and Political Activities of Good Governance Principles
Integrated Governance 507 Protection of Creditor Rights 568
Committee
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Implementation of CIMB Niaga’s
Good Corporate Governance
Governance implementation at CIMB Niaga continues to
be strengthened to ensure that business processes are
conducted transparently, accountably, and in full
compliance with applicable regulations. The Bank
upholds integrity, prudent risk management, and
effective oversight through the roles of its governance
bodies and robust internal policies. In addition, CIMB
Niaga remains committed to fostering a strong culture of
compliance, safeguarding information security, and
integrating ESG principles into its operations and
strategic decision‑making.
Good Corporate Governance (GCG) constitutes a core Furthermore, CIMB Niaga ensures that all governance
pillar of sustainability and serves as a fundamental organs—including the Board of Commissioners, the
foundation for CIMB Niaga in conducting its business Sharia Supervisory Board, the Board of Directors, and
and operational activities. CIMB Niaga consistently aligns supporting Committees—carry out their respective
its strategic initiatives with its vision—namely, committed duties and responsibilities in accordance with the
to empowering customers and the Indonesian society to ETAK principles (Ethics, Transparency, Accountability,
achieve their dreams and aspirations. This vision serves and Fairness). The implementation of these principles
as the fundamental basis for all business activities of reflects the Bank’s commitment to GCG, which is long-
CIMB Niaga in building sustainable competitiveness amid term oriented and takes into account the aspirations
the dynamic banking industry landscape in 2025. of stakeholders. Through the implementation of robust
and collaborative governance, CIMB Niaga optimistic in
This vision is supported by a mission to provide financial its ability to drive superior and sustainable performance,
services tailored to the needs of individual and business while ensuring responsible business practices from
customers, while advancing the Indonesian society economic, social, and environmental perspectives.
through a sincere commitment to work from heart.
Together, the vision and mission ensure that CIMB The integration of ETAK principles across all operational
Niaga delivers sustainable added value to customers, activities forms an integral part of the Bank’s sustainability
Shareholders, and all Stakeholders. commitment. CIMB Niaga establishes high governance
standards and ensures that these principles are
embedded throughout all business processes, ranging
from strategic formulation and policy setting to day-to-
day operations.
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Amid the dynamics of the banking industry, global The implementation of GCG further encourages CIMB
economic uncertainty, market volatility, and increasing Niaga to continuously innovate in its products and
climate-related risks, the implementation of GCG serves services, expand banking outreach, and leverage
as the Bank’s foundation for operating in a prudent, synergies within the CIMB Group to serve customers in
professional, and adaptive manner. Strong governance Indonesia and across the ASEAN region. Accordingly,
also supports data integrity, cybersecurity risk mitigation, corporate governance not only safeguards operational
and the Bank’s readiness in responding to regulatory stability but also acts as a key enabler of innovation and
developments related to technology and sustainability. business sustainability in addressing current and future
challenges.
In line with sustainability imperatives, CIMB Niaga
continues to strengthen the integration of Environmental, Throughout 2025, CIMB Niaga’s commitment to GCG
Social, and Governance (ESG) aspects within its GCG implementation was reflected in the strengthening of its
framework. The Bank develops adaptive risk management GCG soft structure, encompassing the Vision and Mission,
and internal control systems that address ESG-related Corporate Values, Rules and Codes of Conduct of the
risks, including shifts in customer preferences and Board of Commissioners, Sharia Supervisory Board, and
evolving sustainability policy directions. Board of Directors, the Internal Audit Charter, Integrity
Pact Declaration, Code of Ethics and Code of Conduct,
Corporate Governance Policies, as well as various
supporting guidelines and provisions.
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Basis, Guidelines and Objectives of
Good Corporate Governance (GCG) Implementation
CIMB Niaga is committed to consistently implementing 2. Regulations and Circular Letters issued by the
GCG in accordance with prevailing national and Financial Services Authority (OJK), particularly those
international regulations and standards. These concerning Corporate Governance, Annual Reporting,
regulations serve as key references in ensuring that the Risk Management, and other governance-related
Bank’s management practices are conducted prudently, regulations;
transparently, accountably, and in alignment with best 3. The Indonesian Corporate Governance Roadmap
practices within the banking industry. issued through an OJK press release dated 4 February
2014;
The implementation of GCG at CIMB Niaga is carried 4. The ASEAN Corporate Governance Scorecard issued
out through 4 (four) main governance pillars: by the ASEAN Capital Markets Forum;
Governance Commitment, Governance Structure, 5. The 2021 Indonesian Corporate Governance General
Governance Process, and Governance Outcome. This Guidelines (PUGKI) issued by the National Committee
commitment is reinforced by 5 (five) core GCG principles, on Governance Policy (KNKG);
namely transparency, accountability, responsibility, 6. The Company’s Articles of Association and resolutions
independence, and fairness. In addition, the Bank refers of the General Meeting of Shareholders (GMS); and
to the 4 (four) pillars of the 2021 Indonesian Corporate 7. The Bank’s Corporate Governance Policies.
Governance General Guidelines (PUGKI), namely ethical
behavior, accountability, transparency, and sustainability. CIMB Niaga is also committed to ensuring that GCG
principles are consistently applied in every decision-
In line with these principles, CIMB Niaga has established making process and business strategy formulation.
robust oversight and internal control mechanisms as This implementation serves as a solid foundation for
part of its GCG commitment, encompassing effective sustainable business growth and aims to strengthen
risk management and internal controls, an independent stakeholder confidence in the Bank’s integrity,
internal audit function, and responsible management of professionalism, and operational sustainability.
conflicts of interest.
The key foundations and guidelines underpinning the
Bank’s GCG implementation include, among others:
1. Laws of the Republic of Indonesia relating to the Capital
Market, Limited Liability Companies, and Banking;
Stages of GCG Implementation
Since officially becoming a publicly listed company in As part of its commitment to maintaining high governance
1989, CIMB Niaga has positioned GCG implementation standards, CIMB Niaga periodically conducts assessments
as a core foundation of its business operations. For of the effectiveness of its GCG implementation. These
Shareholders and other Stakeholders, the quality of assessments are carried out through collaboration
GCG implementation represents a critical indicator in with competent independent institutions as well as
assessing the effectiveness of the Bank’s management through self-assessment mechanisms. The resulting
and overall performance. The Bank believes that recommendations form an integral part of the Bank’s
consistent GCG implementation supports the formulation continuous evaluation process and contribute to the
of sound policies and strategies, while ensuring that all enhancement of GCG best practices. More detailed
decisions remain aligned with the interests of the Bank, information regarding CIMB Niaga’s GCG evaluation is
its Shareholders, and other Stakeholders. presented in this Annual Report.
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The Interrelation of GCG Implementation
with Bank Performance
In 2025, CIMB Niaga successfully strengthened transparency, accountability, and efficiency in resource management,
thereby enhancing the quality of decision-making processes across all organizational levels. With a solid governance
foundation, CIMB Niaga was able to maintain operational resilience and performance amid ongoing economic dynamics
and challenges, both in the present and in the future. The implementation of GCG also contributed to the achievement
of various significant performance outcomes during the financial year, including the following:
Capital Consolidated
Loan Customer Rp
Rp Adequacy Net
Growth Deposits
Ratio (CAR) Profit Growth
Growth
Rp
238.3 trillion
Rp
270.5 trillion
24.8% Rp
6.9trillion
4.5% 3.8% 0.7%
Loan to Deposit Ratio
CASA Ratio (LDR)
70.0% 86.8%
In addition to the achievements outlined above, CIMB Niaga once again recorded a notable regional milestone by securing
two prestigious recognitions at the ASEAN Corporate Governance Conference & Awards 2025. CIMB Niaga was recognized
as one of the Top 50 ASEAN Public Listed Companies (PLCs) and the Top 5 Indonesia PLCs for the fourth consecutive year.
These awards were officially announced at a ceremony co-hosted by the ASEAN Capital Markets Forum (ACMF) and the
Minority Shareholders Watch Group (MSWG) in Kuala Lumpur, Malaysia, on 24 July 2025. This achievement positioned
CIMB Niaga amongst preeminent public listed companies across Southeast Asia and was a testament of the Bank’s
steadfast and sustainable commitment to the implementation of GCG. Other GCG-related awards received by the Bank in
2025 are presented in the Awards and Certifications chapter of this Annual Report.
Initiatives to Enhance the Quality of GCG
Implementation in 2025
CIMB Niaga continuously reaffirms its commitment to 1. Alignment and enhancement of all Charters and internal
implementing and enhancing the quality of GCG across policies to ensure compliance with the latest OJK
all aspects of the Bank’s operations. It is implemented regulations on Corporate Governance implementation.
consistently pursuant to prevailing laws and regulations 2. Maintaining ISO 37001:2016 certification on the Anti-
in Indonesia, corporate governance standards within the Bribery Management System for the SPAPM working unit.
ASEAN region, and other internationally recognized best 3. Maintaining the Bank’s position in the top 10% (Top
practices. To further strengthen the effectiveness of GCG Decile) of the organizational health index, above
implementation, throughout 2025 CIMB Niaga undertook other financial institutions in ASEAN.
the following strategic initiatives: 4. Digitizing human resource management processes
through a single, integrated end-to-end platform
to improve process effectiveness, consistency of
implementation, and a simpler, better and faster user
experience.
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Milestone of CIMB Niaga’s GCG
01 02 03 04 05
1955 1974 1989
Establishment Becomes Go Public.
2008
Rebranding and Merger.
2010 - 2011
Set the infrastructure and implementation of GCG (GCG Charter, Board of Commissioners Charter, Board of
of the Bank a foreign Directors Charter, Committee Charter, Code of Ethics and Conduct), as gained recognition from IICG, IICD, and ARA.
(incorporated). exchange bank.
08 07 06
2015
1. Improved the Bank’s GCG implementation to align with the
2014
The full implementation of the ASEAN CG
2013
Aligned and refined the Bank’s GCG practices with the
latest OJK regulations and to manifest GCG into the Bank’s Scorecard principles has brought CIMB Niaga Indonesian Corporate Governance Roadmap issued by
culture “A Better CIMB Niaga/ABC”. to be selected as one of two listed companies the regulator and the ASEAN CG Scorecard principles,
2. Implementation of Integrated Governance and Integrated in Indonesia to receive the “Top 50 Public Listed including ensuring that there is a minimum of 1 (one)
Risk Management by establishing the Integrated Governance Company” at the ASEAN level based on the ASEAN female Independent Commissioner on the Board of
Committee and the Integrated Risk Management Committee. CG Scorecard in 2015. Commissioners.
09 10
2016
1. Refinement of the GCG Charter as outlined in the
2017
1. The establishment of a GCG unit responsible for improving the Bank’s GCG implementation.
Corporate Policy Manual. 2. Appointment of PT Deloitte Consultant Indonesia as an independent party to manage the Whistleblowing System
2. Refinement of the Conflict Management Policy, which services since December 2017 to improve the transparency and professionalism.
also governs insider trading. 3. Provided job opportunities for disabilities people by working as Bank employees as part of CIMB Niaga’s CSR
3. Assessment of the performance of the Board of initiatives.
Commissioners, the Board of Directors, and the
Committees at the Board of Commissioners level.
12 11
2019
1. Appointment of one of the Independent Commissioners as Senior Independent
2018
1. Became Indonesia’s first public company to conduct e-voting at the 2018 General
Commissioner. Meeting of Shareholders (GMS).
2. Use of third-party services (search firm) in the process of searching for candidates to be 2. The constantly improved of GCG implementation, resulted in recognition and
members of Commissioners and Directors. awards from leading independent institutions, including “Top 50 ASEAN” and “Top 3
3. Issuance of Anti-Corruption Policy. Indonesia” at the 2018 ASEAN Corporate Governance Awards from ASEAN Corporate
4. Implementation of the orientation program for new members of the Board of Commissioners Governance and ASEAN Capital Markets Forum, and “Top 50 and The Best Overall 2018”
and the Board of Directors Implementation of the through the e-Learning application (LoG). for the Large Capitalization Public Company category in Indonesia from the Indonesian
5. Development of ReCoM (Regulatory Commitment Monitoring) system. Institute for Corporate Directorship (IICD).
6. Successfully maintained the achievement of First Place in ARA 2019 in the Private Financial 3. Revamping the Bank’s website, particularly the GCG and Investor Relations sections.
Institution Listed category, “The Best Corporate Governance Overall 2019” and “Top 50 Issuers” 4. Renewed the Audit Committee and Integrated Governance Committee Charters, as
in the Large Capitalization Public Company category in Indonesia from IICD. As well as receiving well as completing and/or improving several other internal policies related to other
awards at the 2019 TOP GRC event as “TOP GRC,” “The Most Committed GRC Leader,” and “The GCG.
High Performing Corporate Secretary on GRC.”
13 14
2020
1. Signing of the Integrity Pact Declaration, Code of Ethics & Anti-Corruption
2021
1. Gained special Golden Star Trophy award for achieving the highest category #5Stars, for three
Commitment by the Board of Commissioners and the Board of Directors. consecutive years at the TOP GRC Awards.
2. Issuance of Corporate Governance Policy consisting of the CIMB 2. Implementation of “Hybrid Working Arrangement” or “HyWork” as a new work style, allowing
Indonesia Financial Conglomerate Integrated Governance Policy and employees to work both at home and in the office (hybrid).
the CIMB Niaga Corporate Governance Policy & Framework for the 3. Improvements in holding the online GMS (e-GMS) by using the eASY.KSEI application (eASY.KSEI
Subsidiaries. e-Voting feature and live streaming of the GMS).
3. Issuance of CIMB Indonesia Financial Conglomerate Corporate Charter. 4. The application of Artificial Intelligence (AI) in the Bank’s internal audit process by the Internal
4. Top 3 Indonesian and ASEAN Asset Class from the ASEAN Capital Audit Unit (IA) in 2021 which deemed to be among the most advanced in the Indonesian and
Markets Forum at the 2019 ACGS Award. ASEAN banking industries based on the assessment of independent consultants.
5. Convened online AGMS, EGMS & Annual Public Expose using video 5. Gradually implemented e-Signatures for the Bank agreement documents with debtors/
conference, e-Voting and e-Proxy technology. customers, and other third parties.
16 15
2023
1. Grand Champion of the Annual Report Award (ARA)
2022
1. The only public company in Indonesia that has successfully entered the ASEAN Top 20 PLCs category, as well as becoming
for the 2022 financial year report assessment. Indonesia’s Top 3 PLCs and ASEAN Asset Class PLCs at the 2021 ACGS Award.
2. Addition of 1 (one) female Independent 2. Refinement of the anti-corruption and fraud policy into an Anti-Bribery and Corruption Policy.
Commissioner, namely Farina J. Situmorang. 3. Issuance of CIMB Niaga’s Human Rights Policy.
3. SNI ISO 37001 Certification – Anti-Bribery 4. Implementation of an Anti-Bribery Management System (ABMS).
Management System (ABMS) at SubDir. Strategic 5. Changes to the term of office of the Board of Commissioners, Sharia Supervisory Board, and Board of Directors to three years
Procurement and Admin Property Management. following the ACGS criteria.
6. Refinement of the Vendor Code of Ethics as well as the Vendor Integrity Pact.
17 18
2024
1. Achieved the Leadership in Corporate Governance award for two
2025
1. Recognized as one of the Top 50 ASEAN PLCs, Top 5 Indonesia PLCs (for the fourth consecutive year),
consecutive years from the Indonesian Institute for Corporate and ASEAN Asset Class PLCs at the 2025 ASEAN Corporate Governance Conference & Awards.
Directorship (IICD). 2. Maintained the Leadership in Corporate Governance award from the IICD for three consecutive
2. The Audit Committee conducted an office tour for the first time as part years.
of enhancing the implementation of its responsibilities. 3. Maintained SNI ISO 37001 – Anti Bribery Management System. Certification for the Strategic
3. Ranked in the top 10% (Top Decile) above other financial institutions in Procurement and Admin Property Management Sub-Directorate.
ASEAN (Results of the Organizational Health Index (OHI) survey).
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GCG Structure and Mechanism of the Bank
CIMB Niaga implements GCG through a framework that consist of 4 (four) main, consisting of governance commitment,
governance structure, governance process, and governance outcome. The four pillars are manifested in the Bank’s
Governance structure, which includes the General Meeting of Shareholders (GMS), the Board of Commissioners, the
Sharia Supervisory Board, and the Board of Directors. Each organ has its own role, duties, and responsibilities in line
with its Articles of Association and applicable laws and regulations.
Sustainable Governance Outcome
Governance Structure Governance Proccess
Main Organs (GMS, Board of Stakeholders Relations, Policy
Commissioners, Sharia Supervisory Formulation, and Decision
Board, and Board of Directors). Making.
Supporting Organs (Committees
of the Board of Commissioners,
Executive Committees, Special
Committees, Corporate Secretary,
Working Units & Independent Units).
Infrastructures (Regulations and
Operational Policies of the Bank).
Governance Commitment
Vission, Mission, Core Values, Charters, Code of Ethics, and Sustainability
GOVERNANCE COMMITMENT Furthermore, CIMB Niaga continuously conducts
All management and employees of CIMB Niaga are reviews, updates, and alignment of its governance
consistently committed to implementing and upholding practices to ensure the consistency and effectiveness
the principles of GCG in every aspect of the Bank’s of GCG implementation, so that it remains in line
operations. This commitment forms an integral part with international best practices, developments in
of the Bank’s corporate culture and is reflected in the macroeconomic conditions and banking industry, as well
formulation of its Vision, Mission, and Core Values. as prevailing laws and regulations.
The implementation of GCG has been further internalized GOVERNANCE STRUCTURE
through various internal policies, including the Code of An effective Governance Structure is a key element in
Ethics and Code of Conduct, Charters, Risk Management ensuring the consistent application of GCG principles
implementation, the Whistleblowing System, Anti- and delivering performance that meets stakeholder
Bribery and Corruption Policy, Information Technology expectations. CIMB Niaga’s Governance Structure
governance, as well as sustainability-oriented programs comprises the main governance organs, namely
and initiatives, including climate risk management. the General Meeting of Shareholders, the Board of
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Commissioners, the Sharia Supervisory Board, and the Board of Directors, supported by auxiliary organs including the
Board of Commissioners’ Committees, Board of Directors’ Committees, the Corporate Secretary, Business Units/Work
Units, as well as Independent Units such as Risk Management, Compliance, Legal, Internal Audit Unit, and Anti-Fraud
Management.
The Bank’s Governance Structure is designed to ensure clarity and segregation of duties and responsibilities, including
well-defined decision-making and reporting mechanisms across all governance organs within CIMB Niaga, while
remaining fully aligned with applicable laws and regulations. Furthermore, the governance structure is designed to
facilitate effective checks and balances, thereby supporting the implementation of transparent, accountable, and
integrity-driven corporate governance.
GCG Structure
Integrated Governance
Committee
General Meeting of Shareholders (GMS)
Nomination &
Remuneration Committee
Board of Sharia Supervisory
President Director
Risk Oversight Committee Commissioners Board
Audit Committee
Risk Management Operations, Technology,
Chief Audit Business Director
Director Analitics, and AI Director
Executive
Head of AFM Compliance, Corporate Strategy & Finance
HR Director
Affairs, & Legal Director* Director
Independent RCU responsible for each work unit
Bank Regulations and Policies
*
concurrently as Corporate Secretary.
GOVERNANCE PROCESS
CIMB Niaga implements its corporate governance processes in a disciplined manner through structured, systematic, and
well-documented procedures and mechanisms. The processes are reinforced by adequate governance structures and
supporting infrastructure, thereby enabling the Bank to achieve governance outcomes that aligned with stakeholders
expectations.
GOVERNANCE OUTCOME
To achieve strong and sustainable governance outcomes, CIMB Niaga consistently applies governance commitment,
governance structure, and governance process across all levels of the organization. Throughout 2025, CIMB Niaga
consistently recorded solid operational and financial performance, despite facing economic dynamics and challenges.
From a long-term perspective, the Bank believes that the robust implementation of GCG will contribute significantly to
value creation and business sustainability, in line with stakeholder expectations.
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GCG Implementation Assessment
CIMB Niaga conducts periodic assessments of the quality 1. Implementation of the duties, responsibilities, and
of the its GCG implementation, both through internal authorities of the Board of Directors (BOD);
self-assessments and in collaboration with independent 2. Implementation of the duties, responsibilities, and
third parties. The assessment process is also intended to authorities of the Board of Commissioners (BOC);
ensure that the implementation of the Bank’s governance 3. Implementation of the duties, responsibilities, and
practices remains consistently aligned with business authorities of the Sharia Supervisory Board (SSB);
ethics standards, prevailing laws and regulations, and 4. Completeness and implementation of committees’
applicable internal policies. The results of the Corporate duties;
Governance self-assessment form an integral part of the 5. Management of conflicts of interest;
Bank Soundness Level Report submitted to the OJK on a 6. Implementation of the compliance function;
semi-annual basis. 7. Implementation of the internal audit function;
8. Implementation of the external audit function;
SELF-ASSESSMENT 9. Implementation of risk management, including the
The self-assessment is conducted on a semi-annual basis internal control system;
in accordance with the provisions of POJK No. 17 of 2023 10. Remuneration policies and practices;
and SEOJK No. 14/SEOJK.03/2025. 11. Provision of funds to related parties and large exposures;
12. Integrity of financial reporting and information
PROCEDURE technology systems;
The assessment of the Corporate Governance 13. The Bank’s strategic plan;
implementation is based on 5 (five) fundamental principles, 14. Shareholders related aspects;
namely transparency, accountability, responsibility, 15. Implementation of anti-fraud strategies, including
independency, and fairness. The assessment is further anti-bribery;
categorized into 3 (three) aspects, as follows: 16. Implementation of sustainable finance, including
social and environmental responsibility initiatives.
1. Governance Structure
The objective of the assessment of Governance In conducting the self-assessment, the Bank also takes
Structure aims to evaluate the adequacy of the into account other relevant and significant information
Bank’s governance structure and infrastructure related to the implementation of Bank governance.
to ensure that the implementation of sound
governance principles delivers outcomes that meet PARTIES CONDUCTING THE ASSESSMENT
the expectations of stakeholders. The assessment process includes self-assessment
activities conducted by relevant functions/units,
2. Governance Process questionnaires completed by selected respondents,
The objective of the assessment of Governance and the incorporation of findings or other information
Process aims to evaluate the effectiveness of the to validate the implementation of governance practices.
implementation of GCG principles, supported by Such information is sourced from units/functions
adequate governance structure and infrastructure, including, among others, the Sharia Business Unit (SBU),
thereby producing outcomes in line with stakeholder Corporate Secretary, Internal Audit Unit (IA), Anti-Fraud
expectations. Management, Operational Risk Management, Human
Resources, Compliance, and other relevant functions.
3. Governance Outcomes
The objective of the assessment of Governance The self-assessment involves the active participation
Outcomes aims to evaluate the quality of outcomes of members of the BOC, the SSB, the BOD, the Board
(including both qualitative and quantitative aspects) of Directors (BOD), Independent Parties, and Executive
resulting from the implementation of GCG, supported Officers of the Bank to produce a comprehensive and
by adequate governance structure and infrastructure. structured evaluation of the effectiveness of the Bank’s
Corporate Governance. The self-assessment also covers
ASSESSMENT CRITERIA the implementation of governance practices within
The governance self-assessment criteria include 16 subsidiaries, in accordance with regulatory provisions
(sixteen) GCG implementation assessment factors applicable to the financing and capital market sectors.
for Conventional Commercial Banks (BUK) with The results of the subsidiaries’ self-assessments are
Sharia Business Units (SBU), in line with SEOJK No. 14/ consolidated based on internal methodologies that
SEOJK.03/2025, namely: consider materiality and significance.
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ASSESSMENT RESULTS
The results of the Bank’s Corporate Governance self-assessment, both on an individual and consolidated basis, for the
first and second semesters of 2025 are as follows:
Self-Assessment Results for Governance Implementation
Entity Rating Rating Definition
CIMB Niaga Bank (Individual) 2 The Bank’s Governance Rating (including SBU) is 2 (GOOD), reflecting that the Bank’s
management has implemented adequate Governance principles.
CIMB Niaga Auto Finance (CNAF) 2 The CNAF Governance Rating is 2 (GOOD), reflecting that CNAF has generally complied
with Governance provisions and principles.
CIMB Niaga Sekuritas (CNS) 3 The CNS Governance Rating is 3 (FAIRLY GOOD), reflecting that CNS has generally
implemented Governance provisions and principles, but there are still weaknesses that
need improvement.
Consolidation 2 Consolidated Governance Rating is 2 (GOOD), reflecting that the Bank and its
subsidiaries have generally implemented Governance principles adequately.
CNAF and CNS also conduct Corporate Governance national regulations but are also aligned with international
self-assessments in accordance with OJK governance best practices and stakeholder expectations.
regulations relevant to their respective business activities
as a Financing Company and a Securities Company. ASSESSMENT PROCEDURES
The ACGS assessment procedure is conducted through
RECOMMENDATIONS AND FOLLOW-UP a review of English-language documents and publicly
In 2025, CIMB Niaga’s Corporate Governance achieved available information provided by the Bank. This includes,
a rating of Level 2 (Good), both on an individual and among others, information disclosed in the Annual
consolidated basis. This assessment result indicates Report, the Bank’s official website, announcements or
that, in general, the Bank (including the SBU) and its disclosures of material information made in compliance
subsidiaries have adequately implemented the principles with prevailing laws and regulations as part of public
of Corporate Governance. Although certain weaknesses transparency, as well as press releases issued by the Bank.
were identified in specific governance aspects, Bank
management and subsidiaries were able to address The assessment methodology consists of 2 (two) levels,
and implement corrective actions in a normal and namely:
timely manner. Bank remains committed to consistently 1. Level 1: Minimum standard items expected to be
applying Corporate Governance principles in all business implemented by all ASEAN member countries,
activities to ensure the sustainability of its operations. encompassing prevailing laws and regulations as well
as the OECD principles.
Bank and its subsidiaries will continue to follow up on the 2. Level 2: Bonus items reflecting best practices that
recommendations arising from the 2025 self-assessment, exceed minimum standard expectations, as well as
including strengthening governance processes to support penalty items reflecting poor corporate governance
an effective internal control system and maintaining practices.
robust risk governance practices.
EXTERNAL ASSESSMENT
Assessment within the
ASEAN CORPORATE GOVERNANCE SCORECARD Domestic respective country.
One of the assessments used to evaluate the effectiveness Assessment
of GCG implementation at CIMB Niaga is conducted
using the ASEAN Corporate Governance Scorecard
(ACGS) criteria. This assessment refers to the Corporate
Governance principles issued by the Organization for Assessment among ASEAN
Economic Co-operation and Development (OECD), member countries.
Peer
which serve as a benchmark standard for publicly listed Review
companies across the ASEAN region.
ACGS is an Asian Development Bank (ADB)-backed initiative
of the ASEAN Capital Markets Forum (ACMF) whose Verification of certain items
objective is to strengthen the quality and consistency of and a final evaluation for
“ASEAN Asset Class”, “ASEAN
GCG implementation among publicly listed companies in Finalization
Top 50”. And “Top 5” in
ASEAN. Through its participation in this assessment, CIMB respective countries.
Niaga ensures that its GCG practices not only comply with
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ASSESSMENT CRITERIA
The ACGS assessment criteria, revised in October 2023 (version 2 March 2024), comprise the following key aspects:
Rights and Equitable Treatment of Shareholders, Sustainability and Resilience, Disclosure and Transparency, and
Responsibilities of the Board.
PARTIES CONDUCTING THE ASSESSMENT
The ACGS assessment is conducted by the ASEAN Capital Markets Forum (ACMF) through Domestic Ranking Bodies
(DRBs) appointed by regulators in each respective country as official representatives in the assessment process. The
DRBs are tasked with making assessments at the national level, whose results are subject to peer review process by
DRBs from other ASEAN member countries to ensure objectivity and consistency. Since 2016, the OJK has appointed PT
RSM Indonesia Konsultan (RSM) as the DRB responsible for conducting the ACGS assessment in Indonesia. Another party
that does ACGS assessment in Indonesia is the Indonesian Institute for Corporate Directorship (IICD), an independent
institution with proven competence in this domain.
ASSESSMENT RESULTS
Based on latest ACGS assessment results (cut- off date 30 June 2024) by RSM as Indonesia DRB, CIMB Niaga received
score of 124.08. Further, CIMB Niaga has also received an ACGS assessment conducted by IICD based on the Bank’s
2024 Annual Report and official website, achieving a score of 122.99.
RECOMMENDATIONS AND FOLLOW-UP ACTIONS
Based on the GCG assessment using the ACGS criteria, the key recommendations and follow-up actions undertaken by
CIMB Niaga include, among others:
Recommendations Follow-Up Actions
To adjust the composition of the Nomination and Remuneration The composition of the Bank’s Nomination and Remuneration
Committee to ensure that the majority of its members are Committee is currently aligned with the provisions stipulated in the
independent parties. prevailing OJK regulations. Accordingly, this recommendation has not
yet been implemented by the Bank.
To enhance disclosure of performance measurement standards that Disclosure enhancements have been progressively implemented,
align the performance-based remuneration of the Board of Directors commencing with the 2024 Annual Report and further strengthened
with the Company’s long-term interests and sustainability objectives. in the 2025 Annual Report.
General Meeting of Shareholders
The General Meeting of Shareholders (GMS) is the Bank’s future strategic direction. Through the AGMS,
Company’s governance body with authorities delegated CIMB Niaga ensures the consistent implementation
to neither the Board of Directors (BOD) nor the Board of of good corporate governance principles by providing
Commissioners (BOC), as stipulated in all the prevailing Shareholders with access to transparent information,
laws and regulations and/or the Bank’s Articles of opportunities to express their views, and the
Association. The GMS convention at CIMB Niaga refers authority to resolve key agenda items in accordance
to Law No. 40 of 2007 on Limited Liability Companies, with applicable laws and regulations. The conduct
Financial Services Authority (OJK) regulation on the of the AGMS reflects CIMB Niaga’s commitment to
convention of GMS, the Bank’s Articles of Association, maintaining accountability, integrity, and sustainable
and the principles recommended under the ASEAN business growth.
Corporate Governance Scorecard.
CIMB Niaga convenes the AGMS once a year and may
The Annual GMS (AGMS) serves as the Bank’s highest also convene an Extraordinary GMS (EGMS) at any
forum for accountability to Shareholders regarding the time as required. Both the AGMS and the EGMS hold
Bank’s performance over the course of one financial the highest authority within the Bank’s Corporate
year, as well as a decision-making platform for CIMB Governance structure.
Niaga’s Shareholders to evaluate and determine the
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SHAREHOLDERS
Shareholders are individuals or legal entities that legally own shares of the Bank. The GMS serves as a formal forum
through which shareholders exercise their rights, express their views, and obtain relevant information regarding the
Bank. Resolutions adopted at the GMS are made in a fair and transparent manner, and are guided by the best interests
of the Bank.
In the implementation of Good Corporate Governance (GCG), shareholders are prohibited from intervening in the
execution of the duties, functions, and authorities of the BOC and the BOD. As of 31 December 2025, the Shareholder
composition of CIMB Niaga are as follows:
Shareholder Name Number of Shares Ownership Percentage (%)
CIMB Group Sdn Bhd 22,991,336,581 91.44
PT Commerce Kapital 255,399,748 1.02
Public (<5%) *
1,895,469,514 7.54
*
including shares of members of the BOC and members of the BOD
RIGHTS, AUTHORITY, AND RESPONSIBILITIES Shareholders also have the authority to, among other
OF SHAREHOLDERS things, (i) appoint and dismiss members of the BOC,
CIMB Niaga’s Shareholders are divided into Class A and BOD, and Sharia Supervisory Board (SSB); (ii) evaluate
Class B shares, each of which has equal rights, with each the performance of the BOC and BOD; (iii) temporarily
share entitled to one vote, in accordance with the Bank’s suspend members of the BOD; (iv) approve amendments
Articles of Association. Shareholders’ rights include the to the Bank’s Articles of Association; (v) approve the
following: annual report; (vi) approve the remuneration of BOC,
1. Attend the GMS and casting one vote; BOD, and SSB; and (vii) approve the proposed allocation
2. The opportunity to propose GMS agenda items and of the Bank’s profits, including the distribution of
candidates for members of the BOC and BOD by one dividends. The Bank’s Articles of Association detail the
or more shareholders representing at least 1/20 (one- rights, authorities, and responsibilities of shareholders
twentieth) of the total shares with voting rights; and can be accessed through the Bank’s website.
3. The opportunity to grant power of attorney to another
party if the shareholder is unable to attend the GMS. IMPLEMENTATION OF CIMB NIAGA GMS IN
Power of Attorney forms are available on the Bank’s 2025
website on the date of the GMS Invitation; In 2025, CIMB Niaga held an AGMS on 14 April 2025
4. Obtaining and reviewing the GMS materials no later and EGMS on 26 June 2025. CIMB Niaga held the AGMS
than 28 (twenty-eight) days prior to the GMS, so that and EGMS electronically (e-GMS) and in person at CIMB
shareholders can vote when proposing resolutions Niaga’s head office. All participants present at both the
on the GMS agenda items; e-GMS and the physical meetings were able to attend
5. The opportunity to ask questions during every and actively participate. The GMS resolutions have been
discussion on the agenda and every decision of the reported to the OJK and announced on the Bank’s website
GMS agenda; (www.cimbniaga.co.id), the IDX website (www.idx.co.id),
6. The opportunity to vote in favor, disapprove, or and the Indonesian Central Securities Depository (KSEI)
abstain on every proposed decision on the GMS website (www.ksei.co.id).
agenda; and
7. Receive equal treatment from CIMB Niaga.
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ANNUAL GMS (AGMS) ON 14 APRIL 2025
The Bank’s AGMS on 14 April 2025 was held electronically using KSEI Electronic General Meeting System application
(eASY.KSEI Application) and physically at the CIMB Niaga office, in accordance with OJK Regulation (POJK)
No. 16/POJK.04/2020 regarding the Implementation of Electronic General Meeting of Shareholders of Public Companies
(POJK No. 16/POJK.04/2020) and the provisions of the Bank’s Articles of Association.
Day, Date and Time Monday, 14 April 2025, Time 2:28 p.m. – 3:53 p.m. Western Indonesian Time
Location Meeting Room, M Floor Graha CIMB Niaga, Jl. Jend. Sudirman Kav. 58, South Jakarta,12190
Quorum The AGMS was attended by shareholders and/or their proxies representing 23,875,505,440 (twenty-
three billion eight hundred seventy-five million five hundred five thousand four hundred and forty)
shares, or approximately 94.9618% (ninety-four point nine six one eight percent) of the total number
of shares with valid voting rights issued by the Company (Class A shares and Class B shares), totaling
25,142,205,843 (twenty-five billion one hundred forty-two million two hundred five thousand eight
hundred and forty-three) shares.
Therefore, the quorum requirement for decision-making for the Meeting Agenda has been met, namely
more than 1/2 (one half) of the total number of shares issued by the Company with valid voting rights.
Chairman of the AGMS Didi Syafruddin Yahya as President Commissioner based on the Circular Decree of the BOC
No. 013/DEKOM/KP/III/2025 dated 12 March 2025.
The presence of members of the
Name Position Description
BOC, including the President
Commissioner Didi Syafruddin Yahya President Commissioner Attend
Glenn M. S. Yusuf Vice President Commissioner Attend via video conference
(Independent)
Sri Widowati Independent Commissioner Attend via video conference
Vera Handajani Commissioner Attend via video conference
Farina J. Situmorang Independent Commissioner Attend via video conference
Dody Budi Waluyo Independent Commissioner Attend via video conference
Novan Amirudin Commissioner Attend
The presence of members of the
Name Position Description
BOD, including the President
Director Lani Darmawan President Director Attend
Lee Kai Kwong Director Attend
John Simon Director Attend via video conference
Fransiska Oei Director, concurrently serving as Attend
Compliance Director
Pandji P. Djajanegara Director Attend via video conference
Tjioe Mei Tjuen Director Attend via video conference
Henky Sulistyo Director Attend via video conference
Joni Raini Director Attend via video conference
Rusly Johannes Director Attend via video conference
Noviady Wahyudi Director Attend via video conference
The presence of members of the
Name Position Description
SSB
Prof. Dr. M. Quraish Shihab, MA Chairman Attend via video conference
Prof. Dr. Fathurrahman Djamil, MA Member Attend via video conference
Dr. Yulizar Djamaluddin Sanrego, M.EC. Member Attend via video conference
The presence of members of the
Name Position Description
Audit Committee, including the
Chair of the Audit Committee Dody Budi Waluyo Chairman Attend via video conference
Glenn M. S. Yusuf Member Attend via video conference
Endang Kussulanjari S. Member Attend via video conference
Angelique Dewi Daryanto Member Attend via video conference
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The presence of members of the
Name Position Description
NRC, including the Chairperson of
the NRC Sri Widowati Chairwomen Attend via video conference
Didi Syafruddin Yahya Member Attend
Glenn M. S. Yusuf Member Attend via video conference
Nora Joice Kimbal Member Absent
The presence of members of the
Name Position Description
ROC, including the Chairman of
the ROC Glenn M. S. Yusuf Chairman Attend via video conference
Didi Syafruddin Yahya Member Attend
Vera Handajani Member Attend via video conference
Farina J. Situmorang Member Attend via video conference
Ronald. T. A. Kasim Member Absent
Dody Budi Waluyo Member Attend via video conference
Angelique Dewi Daryanto Member Attend via video conference
The presence of members of the
Name Position Description
IGC, including the Chairman of IGC
Dody Budi Waluyo Chairman Attend via video conference
Endang Kussulanjari S. Member Attend via video conference
Serena K. Ferdinandus Member Absent
Yulizar D. Sanrego Member Attend via video conference
Achiran Pandu Djajanto Member Absent
Angelique Dewi Daryanto Member Attend via video conference
Number of shareholders who All shareholders were given the opportunity to raise questions and/or provide opinions on each agenda
submitted questions and/or item of the AGMS. One shareholder raised a question on the second agenda item of the Meeting, and
opinions this question was responded to by the Chairman of the Meeting and/or the BOD of CIMB Niaga.
STAGES OF THE AGM ON 14 APRIL 2025
Activity Date Description
Notification of the 20 February 2025 Submitted 5 (five) working days prior to the AGMS Announcement to the OJK, the Indonesia
AGMS Plan and Stock Exchange (IDX), and the Indonesian Central Securities Depository (KSEI).
Agenda to Regulators
AGMS Announcement 27 February 2025 1. Submitted 14 (fourteen) days prior to the AGM Invitation, excluding the dates of the
Announcement and the AGMS Invitation.
2. Published in Indonesian and English on the Bank’s website, the IDX website, and the KSEI
website via the eASY.KSEI application.
3. The AGMS Announcement Report shall be submitted to the OJK and IDX on the same day
and date (both hardcopy and e-reporting via SPE OJK & IDXNet).
Recording Date 13 March 2025 Recorded 1 (one) working day prior to the AGMS Invitation.
List of Shareholders
entitled to attend the
AGMS
Invitation including 14 March 2025 1. Conducted 28 (twenty-eight) days prior to the AGMS, excluding the date of the Invitation
explanation of each and the AGMS implementation.
AGMS agenda item 2. Published in Indonesian and English on the Bank’s website, the IDX website, and the KSEI
website via the eASY.KSEI application.
3. Proof of the advertisement and the AGMS Invitation report must be submitted to the
OJK and the IDX on the same day and date (hardcopy and e-reporting via SPE OJK &
IDXNet).
AGMS Implementation 14 April 2025 The AGMS was held (i) electronically using the eASY.KSEI application and in accordance with
POJK No. 16/POJK.04/2020 concerning the Electronic Implementation of General Meetings
of Shareholders of Public Companies in conjunction with Article 12 paragraph 12.1 of the
Company’s Articles of Association, and (ii) physically. All AGMS participants, both physically
and electronically present, were able to attend and actively participate in the AGMS.
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Activity Date Description
Summary of AGMS 14 April 2025 The AGMS Summary (notarized) and Summary of AGMS Minutes, including voting results
Minutes for each agenda item, were uploaded in Indonesian and English on the Bank’s website, the
IDX website, and the KSEI website via the eASY.KSEI application on the same day after the
AGMS closed.
The Summary of AGMS Minutes Report was submitted to the OJK and IDX on the same day
(hardcopy and e-reporting via SPE OJK & IDXNet).
AGMS Minutes Deed 8 May 2025 The Deed of Minutes of the AGMS shall be submitted to the OJK and the IDX within 15 (fifteen)
working days or 28 (twenty-eight) calendar days after the AGMS is held and uploaded in
Indonesian and English on the Bank’s website, the IDX website, and the KSEI website. The
report of the Deed of Minutes of the AGMS shall be submitted to the OJK and the IDX on the
same day and date (hardcopy and e-reporting via SPE OJK & IDXNet).
ELECTRONIC VOTING (E-VOTING) AND of Conduct, which were announced/uploaded on the
COUNTING MECHANISM Bank’s website simultaneously with the AGMS Invitation
CIMB Niaga conducts its AGMS by prioritizing deliberation and read aloud by the Corporate Secretary prior to
to reach consensus. In order to ensure that consensus the commencement of the AGMS. In addition to being
is achieved—while maintaining the independence and included in the Rules of Conduct of the AGMS, the e-Voting
confidentiality of shareholders in exercising their voting procedures at the meeting venue were also uploaded to
rights—resolutions are adopted through a voting process the Bank’s website in the form of an illustrative video.
conducted by secret ballot.
INDEPENDENT PARTIES TO CALCULATES VOTES
AGMS resolutions are passed in accordance with the At the AGMS held on 14 April 2025, CIMB Niaga appointed
applicable quorum requirements, and voting is carried independent parties, namely: (i) Ashoya Ratam, S.H.,
out for each agenda item of the AGMS. Shareholders M.Kn., as Public Notary; and (ii) PT Bima Registra as the
and/or their proxies attending physically cast their votes Securities Administration Bureau, to conduct the vote
individually and electronically (e-Voting) at the meeting counting and/or validation and tabulation of votes at the
venue using smartphones, other mobile devices (such AGMS.
as tablets), or touchscreen monitors provided by the
Bank, thereby ensuring the confidentiality of each AGMS RESOLUTIONS ON 14 APRIL 2025
shareholder’s vote. Shareholders and/or their proxies The resolutions of the AGMS, including the approval
attending electronically may cast their votes through the of changes to the composition of the Company’s BOC
eASY.KSEI system. Meanwhile, shareholders granting a and BOD through the appointment of Rico Usthavia
proxy via the e-Proxy mechanism are deemed to have Frans as Director of the Company, were set forth in
exercised their voting rights through eASY.KSEI and are Deed No. 6 dated 14 April 2025, made before Ashoya
therefore not permitted to participate in the e-Voting Ratam, S.H., M.Kn., Notary in the Administrative
process at the meeting venue. City of South Jakarta. The deed has also received
notification acknowledgment from the Minister of
The disclosure of the e-Voting procedures at the AGMS Law of the Republic of Indonesia pursuant to Letter
venue is comprehensively set out in the AGMS Rules No. AHU-AH.01.09-0207584 dated 26 April 2025.
The detailed resolutions of the AGMS dated 14 April 2025 are as follows:
Approval of the Annual Report and Ratification of the Company’s Consolidated Financial Statements for the
1st Agenda Financial Year Ending 31 December 2024.
Vote Results Total Majority Votes: 23,875,505,040 shares or 99.9999% (Agree)
Agree Against Abstain/No Votes#
23,834,471,755 shares (99.8280%) 400 shares (0.0001%) 41,033,285 shares (0.1719%)
AGMS Resolutions 1. Approve the Company’s Annual Report for the financial year ended on 31 December 2024;
2. Ratified the Company’s Consolidated Financial Statements for the financial year ended on 31 December
2024 as audited by the Public Accounting Firm “Rintis, Jumadi, Rianto & Rekan” (member firm of the
PricewaterhouseCoopers Global Network) as stated in its report dated 18 February 2025, with the opinion that
“the Consolidated Financial Statements present fairly, in all material respects, the consolidated financial position
of the Group as of 31 December 2024, and its consolidated financial performance and its consolidated cash flows
for the year then ended, in accordance with Indonesian Financial Accounting Standards”;
3. Ratified the Supervisory Duties Report of the Board of Commissioners and Sharia Supervisory Board of the
Company for the financial year ended on 31 December 2024; and
4. Granted the acquit and discharge (volledig acquit et décharge) to the members of the Board of Commissioners,
Board of Directors, and Sharia Supervisory Board of the Company for the management and supervision
performed in the financial year 2024 provided the management and supervision actions are reflected in the
Company’s Annual Report for the financial year ended on 31 December 2024.
Realization It has been realized in 2025.
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2nd Agenda Determination of the Use of the Company’s Profits for the Financial Year Ended on 31 December 2024.
Vote Results Total Majority Votes: 23,875,505,040 shares or 99.9999% (Agree)
Agree Against Abstain/No Votes#
23,837,134,440 shares (99.8392%) 400 shares (0.0001%) 38,370,600 shares (0.1607%)
AGMS Resolutions Approved the appropriation of the Net Profit of the Company (Company only) for the Financial Year ended on 31
December 2024 of Rp6,525,665,641,690. (The Company’s Net Profit for the Financial Year “), as follows:
1. To be distributed as a final cash dividend of a maximum of 60% of the Company’s Net Profit for the Financial
Year 2024 or a maximum of Rp3,915,399,385,014 (gross), with the following schedule:
a. Announcement of Schedule and Procedures for Dividend Distribution : 14 April 2025
b. Cum Dividend - Regular and Negotiation Markets : 23 April 2025
c. Ex-Dividend - Regular and Negotiation Markets : 24 April 2025
d. Cum Dividend - Cash Market : 25 April 2025
e. Recording Date for Eligible Shareholders : 25 April 2025
f. Ex-Dividend in Cash Market : 28 April 2025
g. Dividend Distribution for the Financial Year 2024 : 14 May 2025
and granted power of attorney to BOD for determining the procedures of cash dividend with regard to the
prevailing provisions in the Capital market Sector;
2. Not set aside any reserves, considering that the minimum statutory reserve required in Article 70 of Law No.
40 of 2007 (the Company Law) has been complied; and
3. To record the remaining Company’s Net Profit for the Financial Year 2024, after deducted withdividend
payments, amounted to Rp2,610,266,256,676 as the retained earnings to finance the Company’s business
activities.
Realization It has been realized in 2025.
Appointment of Public Accountant and Public Accounting Firm for the Financial Year 2025 and Determination of
3rd Agenda Honorarium and Other Requirements related to the Appointment.
Vote Results Total Majority Votes: 23,875,505,040 shares or 99.9999% (Agree)
Agree Against Abstain/No Votes#
23,837,128,740 shares (99.8392%) 400 shares (0.0001%) 38,376,300 shares (0.1607%)
AGMS Resolutions 1. Approved the appointment of JIMMY PANGESTU and the Public Accounting Firm “RINTIS, JUMADI, RIANTO &
REKAN” (a member firm of the PricewaterhouseCoopers Global Network) which are listed in Financial Services
Authority (Otoritas Jasa Keuangan), as a Public Accountant and Public Accounting Firm, respectively or the
appointment of other Public Accountant from the same Public Accounting Firm, in the event he is permanently
unable to audit the Company’s Consolidated Financial Statements for the Financial Year 2025;
2. Approved the honorarium for Public Accounting Firm to audit the Company’s 2025 Consolidated Financial
Statements amounted to Rp10,263,768,320 (excluded VAT, OPE);
3. Approved the delegation of authority to the Company’s Board of Commissioners to appoint other Public
Accountant and Public Accounting Firm, in the event of the appointed Public Accountant and/or Public
Accounting Firm is unable to complete the audit services or is permanently unable to audit the Company’s
Consolidated Financial Statements for the Financial Year 2025.
For the said delegation of authority, the following terms shall apply:
a. other Public Accounting Firm who is appointed by the Company’s Board of Commissioners must be one of
the big four Public Accounting Firms in Indones;
b. the appointment shall be based on the Company’s Audit Committee recommendation;
c. the honorarium amounts and other appointment terms for other Public Accounting Firm shall be
determined competitively and reasonably;
d. no objection from in Financial Services Authority (Otoritas Jasa Keuangan); and
e. the appointment shall be not against the applicable laws and regulations;
4. Approved the delegation of authority to the Company’s Board of Directors to carry out matters deemed
necessary in connection with the appointment of the Public Accountant and Public Accounting Firm, including,
but not limited to, the process of holding meetings and signing the appointment letters for the Public
Accountant and Public Accounting Firm.
Realization It has been realized in 2025.
4th Agenda Reappointment of Vera Handajani as Commissioner of the Company.
Vote Results Total Majority Votes: 23,862,036,316 shares or 99.9436% (Agree)
Agree Against Abstain/No Votes#
23,823,660,016 shares (99.7829%) 13,469,124 shares (0.0564%) 38,376,300 shares (0.1607%)
AGMS Resolutions Approved the reappointment of VERA HANDAJANI as Commissioner of the Company, with effective term of
office since the close of the Meeting until the closing of the 3rd (third) Annual GMS after the effective date of the
appointment without reducing the rights of the GMS to dismiss at any time in accordance with the provisions as
stated in Article 119 of the Company Law.
Realization It has been realized in 2025.
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5th Agenda Reappointment of Lani Darmawan as President Director of the Company.
Vote Results Total Majority Votes: 23,875,500,140 shares or 99.9999% (Agree)
Agree Against Abstain/No Votes#
23,837,123,840 shares (99.8391%) 5,300 shares (0.0001%) 38,376,300 shares (0.1607%)
AGMS Resolutions Approved the reappointment of LANI DARMAWAN as President Director of the Company, with effective term of
office since the close of the Meeting until the closing of the 3rd (third) Annual GMS after the effective date of the
appointment without reducing the rights of the GMS to dismiss at any time in accordance with the provisions n as
stated in Article 105 of the Company Law.
Realization It has been realized in 2025.
6th Agenda Reappointment of John Simon as Director of the Company.
Vote Results Total Majority Votes: 23,875,500,140 shares or 99.9999% (Agree)
Agree Against Abstain/No Votes#
23,837,123,840 shares (99.8391%) 5,300 shares (0.0001%) 38,376,300 shares (0.1607%)
AGMS Resolutions Approved the reappointment of JOHN SIMON as Director of the Company, with effective term of office since the
close of the Meeting until the closing of the 3rd (third) Annual GMS after the effective date of the appointment,
without prejudice to the rights of the GMS to dismiss at any time in accordance with the provisions as stated in
Article 105 of the Company Law.
Realization It has been realized in 2025.
7th Agenda Reappointment of Lee Kai Kwong as Director of the Company.
Vote Results Total Majority Votes: 23,875,500,140 shares or 99.9999% (Agree)
Agree Against Abstain/No Votes#
23,837,123,840 shares (99.8391%) 5,300 shares (0.0001%) 38,376,300 shares (0.1607%)
AGMS Resolutions Approved the reappointment of LEE KAI KWONG as Director of the Company, with effective term of office since
the close of the Meeting until the closing of the 3rd (third) Annual GMS after the effective date of the appointment
without prejudicing the rightsof the GMS to dismiss at any time in accordance with the provisions as stated in
Article 105 of the Company Law.
Realization It has been realized in 2025.
8th Agenda Reappointment of Rusly Johannes as Director of the Company.
Vote Results Total Majority Votes: 23,875,500,140 shares or 99.9999% (Agree)
Agree Against Abstain/No Votes#
23,837,123,840 shares (99.8391%) 5,300 shares (0.0001%) 38,376,300 shares (0.1607%)
AGMS Resolutions Approved the reappointment of RUSLY JOHANNES as Director of the Company, with effective term of office since
the close of the Meeting until the closing of the 3rd (third) Annual GMS after the effective date of thhe appointment
without prejudicing the rightsof the GMS to dismiss at any time in accordance with the provisions as stated in
Article 105 of the Company Law.
Realization It has been realized in 2025.
9th Agenda Reappointment of Joni Raini as Director of the Company.
Vote Results Total Majority Votes: 23,875,500,140 shares or 99.9999% (Agree)
Agree Against Abstain/No Votes#
23,837,123,840 shares (99.8391%) 5,300 shares (0.0001%) 38,376,300 shares (0.1607 %)
AGMS Resolutions Approved the reappointment of JONI RAINI as Director of the Company, with effective term of office starting from
the close of the Meeting until the closing of the 3rd (third) Annual GMS after the effective date of the appointment
without prejudicing the rightsof the GMS to dismiss at any time in accordance with the provisions of Article 105 of
the Company Law.
Realization It has been realized in 2025.
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10th Agenda Reappointment of Henky Sulistyo as Director of the Company.
Vote Results Total Majority Votes: 23.875.500.140 shares or 99,9999% (Agree)
Agree Against Abstain/No Votes#
23.837.123.840 shares (99,8391%) 5.300 shares (0,0001%) 38.376.300 shares (0,1607%)
AGMS Resolutions Approved the reappointment of HENKY SULISTYO as Director of the Company, with effective term of office
starting from the close of the Meeting until the closing of the 3rd (third) Annual GMS after the effective date of the
appointment without prejudicing the rightsof the GMS to dismiss at any time in accordance with the provisions as
stated in Article 105 of the Company Law.
Realization It has been realized in 2025.
11th Agenda Reappointment of Noviady Wahyudi as Director of the Company
Vote Results Total Majority Votes: 23,875,500,140 shares or 99.9999% (Agree)
Agree Against Abstain/No Votes#
23,837,123,840 shares (99.8391%) 5,300 shares (0.0001%) 38,376,300 shares (0.1607%)
AGMS Resolutions Approved the reappointment of NOVIADY WAHYUDI as Director of the Company, with effective term of office
starting from the close of the Meeting until the closing of the 3rd (third) Annual GMS after the effective date of the
appointment without prejudicing the rightsof the GMS to dismiss at any time in accordance with the provisions as
stated in Article 105 of the Company Law.
Realization It has been realized in 2025.
12th Agenda Approval to Changes the Company’s Board of Directors Composition
Vote Results Total Majority Votes: 23,875,477,040 shares or 99.9999% (Agree)
Agree Against Abstain/No Votes#
23,837,100,740 shares (99.8391%) 28,400 shares (0.0002%) 38,376,300 shares (0.1607%)
AGMS Resolutions 1. Accepting the proposal resignation of TJIOE MEI TJUEN from her position as Director of the Company, effective
since the closing of the Meeting.
2. Appointing RICO USTHAVIA FRANS as Director of the Company, with effective term of office since the closure
of the Meeting which appoints him and upon obtaining the OJK approval and/or fulfilled of the requirements
as determined in the OJK approval letter (Effective Date) until the closing of the 3rd (third) Annual GMS after the
effective date of the appointment prejudicing the rights of the GMS to dismiss him at any time in accordance
with provision as statetd in Article 105 of the Company Law.
In terms of OJK does not approve the appointment or the requirements as determinedby the OJK are not
fulfilled, then the appointment shall be null and void without requiring a GMS approval. Accordingly, the
composition of the Company’s Board of Directors, shall be as follows:
BOARD OF DIRECTORS
President Director : Lani Darmawan
Director : Lee Kai Kwong
Director : John Simon
Director concurrently serving as Compliance Director : Fransiska Oei
Director : Pandji P. Djajanegara
Director : Henky Sulistyo
Director : Joni Raini
Director : Rusly Johannes
Director : Noviady Wahyudi
Director : Rico Usthavia Frans*
*
Effective since the closure of the Meeting appoints him and upon obtaining the OJK approval and/or fulfilled the requirements
as determined in the OJK approval.
3. Approved the delegation of authority with substitution right to the Company’s BOD, to restate the resolution
regarding the Change to BOD Composition of the Company in the notary deed and to report to the authorities,
and with due regard to the foregoing, to perform any acts necessary in accordance with the laws and
regulations.
Realization It has been realized in 2025.
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Determination on Salary or Honorarium and Other Allowances for the Board of Commissioners and Sharia
13th Agenda Supervisory Board of the Company as well as Salary, Allowances and Tantiem/Bonus for the Board of Director of
the Company
Vote Results Total Majority Votes: 23,732,701,219 shares or 99.4019% (Agree)
Agree Against Abstain/No Votes#
23,694,324,919 shares (99.2411%) 142,804,221 shares (0.5981%) 38,376,300 shares (0.1607%)
AGMS Resolutions 1. Approved and determine the amount of salary or honorarium and other allowances for the Board of
Commissioners in the financial year 2025 maximum of Rp33,383,000,000 (gross), and grant the delegation of
authority to the Company’s President Commissioner to determine the amounts of salary or honorarium and
other allowances for each member of the Company’s BOC, by considering the Nomination and Remuneration
Committee recommendation (NRC);
2. Approved and determine the amount of salary or honorarium and other allowances for Sharia Supervisory
Board in the financial year 2025 maximum of Rp3,069,000,000 (gross), and approve the delegation of
authority to the Company’s President Commissioner to determine the amounts of salary or honorarium
and other allowances for each member of the Company’s Sharia Supervisory Board, by considering the NRC
recommendation;
All members of the Board of Commissioners (including Independent Commissioners) and Sharia Supervisory
Board do not receive any tantiem/bonus;
3. Approved the total amount of tantiem/bonus for the financial year of 2024 which will be paid in 2025 for
the Company’s Board of Directors, maximum of Rp91,828,000,000 (gross), including the provision of variable
remuneration in the form of share or share-based instrument issued by the Company, and approve the
delegation of authority to the Company’s Board of Commissioner to determine the amounts of tantiem/bonus
for each member of the Company’s Board of Directors, with regard to the NRC recommendation;
The provision of variable remuneration in the form of share or share-based instrument is in accordance with
OJK Regulation No. 45/POJK.03/2015 regarding the Implementation of Governance in Granting Remuneration
for Commercial Banks (POJK No. 45/2015) and the Company’s Policy;
4. Approved use of the share from the buyback of the Company’s shares totaling maximum at 202,000 shares to
provide variable remuneration to the members of Management who are classified as the Company’s Material
Risk Takers (MRT) and will be paid in 2026 and 2027 in accordance with POJK No. 45/2015; and
5. Approved the delegation of authority to the Company’s Board of Commissioner to determine the amounts
of salary, holiday allowances and other allowances for each member of the Company’s Board of Directors for
the financial year 2025, and determine the terms and conditions for granting variable remuneration to the
members of Management who are classified as the Company’s Material Risk Takers (MRT), with regards to the
NRC recommendation.
Realization It has been realized in 2025.
14th Agenda Approval on Update of the Recovery Plan of the Company.
Vote Results Total Majority Votes: 23,875,501,940 shares or 99.9999% (Agree)
Agree Against Abstain/No Votes#
23,837,125,640 shares (99.8392%) 3,500 shares (0.0001%) 38,376,300 shares (0.1607%)
AGMS Resolutions 1. Approved the update of Recovery Plan that has been submitted by the Company to OJK on 28 November 2024;
and
2. Approved the delegation of authority to the Company’s Board of Commissioners and Board of Directors to
take any and all necessary actions in relation to the Company’s updated Recovery Plan, respectively with
regard to the POJK No. 5 Year 2024 regarding Supervisory Status Determination and Problem Handling of
Commercial Banks, as well as the other related regulations.
Realization It has been realized in 2025.
15th Agenda Approval of the Company’s Share Buyback and Transfer Plan.
Vote Results Total Majority Votes: 23,739,602,119 shares or 99.4308% (Agree)
Agree Against Abstain/No Votes#
23,701,231,519 shares (99.2701%) 135,903,321 shares (0.5692%) 38,370,600 shares (0.1607%)
AGMS Resolutions 1. Approved the Company’s shares buyback from public shareholders, a maximum of 202,000 shares at a cost of
a maximum of Rp450,000,000 (including transaction and taxes costs) with regard to the prevailing regulations,
with period of the implementation of the Company’s share buyback will be completed no later than 12 (twelve)
months after 14 April 2025 (the GMS approving the share buyback).
2. Approved the transfer of shares resulting from share buyback through the distribution of variable
remuneration in the form of shares or share-based instruments issued by the Company to parties categorized
as the Company’s MRT for a maximum of 3 (three) years after completion of the share buyback.
3. Approved the delegation of authority to the Board of Directors of the Company to conduct the Share Buyback
in accordance with the prevailing regulations.
Realization It has been realized in 2025.
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Highlights Reports Profile Discussion & Analysis Management
Others
16th Agenda (This Agenda do not require Meeting approval)
AGMS Resolutions A. Report of the Sustainable Finance Action Plan (RAKB) of the Company.
The Company reports to the Meeting, regarding RAKB of 2024 consists of realization of 2024 action plan of the
Company and action plans that will be implemented by the Company in 2025, which covers:
a. development of sustainable finance products and/or portfolio;
b. capacity development programs;
c. internal adjustments; and
d. sustainable Corporate Social Responsibility programs.
In accordance with POJK No. 51/POJK.03/2017 on the Implementation of Sustainable Finance for Financial
Services Institutions, Issuers, and Public Companies, the Company reported to the Meeting that the realization
of RAKB 2024 and RAKB 2025 had been submitted by the Company to OJK Bank Supervisor on 22 November
2024.
B. Accountability Report on the Use of Fund Proceeds:
- Shelf Registration Sukuk Mudharabah I Phase II Year 2019 Series C;
- Shelf-Registration Bonds III Phase I year 2019 Series C; and
- Shelf-Registration Subordinated Bonds I Phase I Year 2019.
The Company reported to the Meeting the accountability report on the use of proceeds from the Bonds/
Sukuk had been reported by the Company to the Capital Markets OJK with a copy to the BEI and OJK Bank
Supervisory, respectively via letter No. 001/DIR/I/2020 dated 8 January 2020.
As for the position of 31 December 2024, the funds obtained from each Bond/Sukuk are:
- Shelf Registration Sukuk Mudharabah I Phase II Year 2019 Series C amounting to Rp481,000,000,000;
- Shelf-Registration Bonds III Phase I year 2019 Series C amounting to Rp83,000,000,000; and
- Shelf-Registration Subordinated Bonds I Phase I Year 2019 amounting to Rp429,000,000,000, has been
fully used in accordance with the plan as disclosed in the respective Prospectus.
C. Report on the End of Tenure and Re-appoinment of Audit Committee Member of the Company.
With regard to:
1) The Company’s Audit Committee Charter; and
2) Recommendation of Nomination & Remuneration Committee No. 005/NomRem/KP/III/2025 dated 10
March 2025 that has been approved based on BOC Circular Resolution No. 013/DEKOM/KP/III/2025
dated 12 March 2025 and BOD Circular Resolution No. 001/SIR/DIR/III/2025 dated 12 March 2025,
Reappointment of the Company’s Audit Committee member, namely Ms. Angelique Dewi Daryanto, as
the Company’s Audit Committee Member, with a tenure 2025-2028.
Following the reappointment mentioned above, there is no change in the composition of the membership. The
composition of the Company’s Audit Committee Member is as follows:
1) Dody Budi Waluyo, as Chairman and Member;
2) Glenn M. S. Yusuf, as Member;
3) Endang Kussulanjari S, as Member; and
4) Angelique Dewi Daryanto, as Member.
All those Audit Committe members have a tenure that commencing from the closing of the Meeting until the
closing of the 3rd (third) AGMS after the reappointment of those members and the appointment of such new
member without prejudicing the rights of the Company’s BOC to dismiss at any time.
D. Report on the Realization of the Transfer of the Company’s Shares Buyback.
The Company reported to the Meeting regarding the Realization of the Transfer of Buyback Shares of the
Company, which is the transfer of shares from the shares’ buyback approved at the Annual GMS on 3 April
2024, there were no transferred shares resulting from the buyback.
Realization It has been realized in 2025.
EXTRAORDINARY GMS (EGMS) ON 26 JUNE 2025
The EGMS of the Bank on 26 June 2025, was held electronically using the eASY.KSEI application and physically at the CIMB
Niaga head office, in accordance with POJK No. 16/POJK.04/2020 and the provisions of the Bank’s Articles of Association.
Day, Date and Time Thursday, 26 June 2025, Pukul 2:29 p.m. – 3:22 p.m. Western Indonesian Time
Location Meeting Room, M Floor Graha CIMB Niaga, Jl. Jend. Sudirman Kav. 58, South Jakarta,12190
Quorum The EGMS was attended by shareholders and/or their proxies representing 23,780,066,661 shares, or
approximately 94.5823% of the total number of shares with valid voting rights issued by the Company
(Class A and Class B shares), totaling 25,142,205,843 shares.
Therefore, the quorum requirements for decision-making on the Meeting Agenda have been met: at
least 3/4 (three-quarters) of the total number of shares with valid voting rights for Agenda 1 through
4, at least 2/3 (two-thirds) of the total number of shares with valid voting rights for Agenda Item 5, and
at least 1/2 (one-half) of the total number of shares with valid voting rights issued by the Company for
Agenda Item 6 and 7.
EGMS Chairman Didi Syafruddin Yahya as President Commissioner based on Circular Letter of the Board of
Commissioners No. 022/DEKOM/KP/V/2025 dated 27 May 2025.
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Presence of members of the
Name Position Description
BOC, including the President
Commissioner Didi Syafruddin Yahya President Commissioner Attend
Glenn M. S. Yusuf Vice President Commissioner Attend via video conference
(Independent)
Sri Widowati Independent Commissioner Attend via video conference
Vera Handajani Commissioner Attend via video conference
Farina J. Situmorang Independent Commissioner Attend via video conference
Dody Budi Waluyo Independent Commissioner Attend via video conference
Novan Amirudin Commissioner Attend
Presence of members of BOD,
Name Position Description
including the President Director
Lani Darmawan President Director Attend
Lee Kai Kwong Director Attend
John Simon Director Attend via video conference
Fransiska Oei Director, also serving as Compliance Attend
Director
Pandji P. Djajanegara Director Attend via video conference
Henky Sulistyo Director Attend via video conference
Joni Raini Director Absent
Rusly Johannes Director Attend via video conference
Noviady Wahyudi Director Attend via video conference
Rico Usthavia Frans *
Director Attend via video conference
*
Effective as of the closing of the Annual GMS on 14 April 2025 and after obtaining approval from the OJK and/or
fulfilling the requirements stipulated in the approval from the OJK.
Presence of members of the SSB
Name Position Description
Prof. Dr. M. Quraish Shihab, MA Chairman Attend via video conference
Prof. Dr. Fathurrahman Djamil, MA Member Attend via video conference
Dr. Yulizar Djamaluddin Sanrego, M.EC. Member Attend via video conference
Presence of members of the
Name Position Description
Audit Committee, including the
Chairman of the Audit Committee Dody Budi Waluyo Chairman Attend via video conference
Glenn M. S. Yusuf Member Attend via video conference
Endang Kussulanjari S. Member Attend via video conference
Angelique Dewi Daryanto Member Attend via video conference
Presence of members of the NRC,
Name Position Description
including the Chairman of the NRC
Sri Widowati Chairwomen Attend via video conference
Didi Syafruddin Yahya Member Attend
Glenn M. S. Yusuf Member Attend via video conference
Nora Joice Kimbal Member Absent
Presence of members of the ROC,
Name Position Description
including the Chairman of the ROC
Glenn M. S. Yusuf Chairman Attend via video conference
Didi Syafruddin Yahya Member Attend
Vera Handajani Member Attend via video conference
Farina J. Situmorang Member Attend via video conference
Ronald. T. A. Kasim Member Absent
Dody Budi Waluyo Member Attend via video conference
Angelique Dewi Daryanto Member Attend via video conference
PT BANK CIMB NIAGA TBK 2025 Annual Report 423
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Performance Management Company Management Risk
Highlights Reports Profile Discussion & Analysis Management
Presence of members of the IGC,
Name Position Description
including the Chairman of the IGC
Dody Budi Waluyo Chairman Attend via video conference
Endang Kussulanjari S. Member Attend via video conference
Serena K. Ferdinandus Member Absent
Yulizar D. Sanrego Member Attend via video conference
Achiran Pandu Djajanto Member Absent
Angelique Dewi Daryanto Member Attend via video conference
Number of shareholders who There were no shareholders and/or shareholder proxies who asked questions and/or expressed
submitted questions and/or opinions at the Meeting.
opinions
IMPLEMENTATION STAGES OF THE EGMS ON 26 JUNE 2025
Activity Date Description
Notification of the 2 May 2025 Submitted to the OJK, the IDX, and the KSEI 5 (five) working days prior to the EGMS
Plan and Agenda announcement.
of the EGMS to
Regulators
EGMS Announcement 9 May 2025 1. Conducted 14 (fourteen) days prior to the EGMS Invitation, excluding the dates of the
Announcement and EGMS Invitation.
2. Published in Indonesian and English on the Bank’s website, the IDX website, and the KSEI
website via the eASY.KSEI application.
3. The announcement report is submitted to the OJK and IDX on the same day and date
(hardcopy and e-reporting via SPE OJK & IDXNet).
Recording Date of 27 May 2025 Recorded 1 (one) working day prior to the EGMS Invitation.
List of Shareholders
entitled to attend the
EGMS
Invitation including 28 May 2025 1. Conducted 28 (twenty-eight) days prior to the implemetation of the EGMS, excluding the
explanation of each dates of the EGMS Invitation and Implementation.
EGMS agenda item 2. Published in Indonesian and English on:
a. The daily newspaper “Investor Daily”;
b. Bank website, the IDX website, and the KSEI website via the eASY.KSEI application.
3. Proof of the advertisement and the report of the EGMS Invitation must be submitted to
the OJK and the IDX on the same day and date (hardcopy and e-reporting via SPE OJK &
IDXNet).
Implementation of the 26 June 2025 The EGMS will be held (i) electronically using the eASY.KSEI application and in accordance
EGMS with POJK No. 16/POJK.04/2020 concerning the Electronic Implementation of General
Meetings of Shareholders of Public Companies in conjunction with Article 12 paragraph 12.1
of the Company’s Articles of Association; and (ii) physically. All EGMS participants present
physically or electronically may attend and actively participate in the EGMS.
Summary of Minutes 26 June 2025 Publication of the EGMS Summary (notarized) and the Summary of the EGMS Minutes are
of the EGMS uploaded in Indonesian and English on the Bank’s website, the IDX website, and the KSEI
website via the eASY.KSEI application, on the same day after the EGMS closes.
The Summary Report of the EGMS Minutes is submitted to the OJK and the IDX on the same
day and date (hardcopy and e-reporting via SPE OJK & IDXNet).
Deed of Minutes of 22 July 2025 The Deed of Minutes of the EGMS is submitted to the OJK and the IDX within 17 (seventeen)
the EGMS working days or 26 (twenty-six) calendar days after the EGMS is held, and is uploaded in
Indonesian and English on the Bank’s website, the IDX website, and the KSEI website.
The Deed of Minutes of the EGMS is submitted to the OJK and the IDX on the same day and
date (hardcopy and e-reporting via SPE OJK & IDXNet).
ELECTRONIC VOTING (E-VOTING) AND COUNTING is conducted for each agenda item of the meeting. For
MECHANISM shareholders and/or their proxies who attend physically,
CIMB Niaga convenes its EGMS using a deliberation- voting is conducted individually and electronically
for-consensus mechanism in decision-making. In order (e-Voting) at the meeting venue (e-Voting at the Meeting
to ensure that consensus is achieved while maintaining Venue) using smartphones or other mobile devices (such
the independence and confidentiality of shareholders as tablets) or touchscreen monitors provided by the Bank,
in exercising their voting rights, resolutions are adopted thereby safeguarding the confidentiality of shareholders’
through a closed voting process. votes. Shareholders and/or their proxies who attend
electronically may cast their votes through the eASY.
Resolutions at the EGMS are passed in accordance KSEI e-Voting platform. Meanwhile, shareholders who
with the applicable quorum requirements, and voting grant their proxies through the e-Proxy mechanism are
424 PT BANK CIMB NIAGA TBK 2025 Annual Report
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deemed to have exercised their voting rights via eASY. INDEPENDENT PARTIES TO CALCULATE VOTES
KSEI and are therefore not permitted to participate in the At the EGMS held on 26 June 2025, CIMB Niaga appointed
e-Voting process at the Meeting Venue. independent parties, namely: (i) Ashoya Ratam, S.H.,
M.Kn., Public Notary; and (ii) PT Bima Registra, Securities
Disclosure of the e-Voting procedures at the EGMS venue Administration Bureau, to conduct the vote counting
has been comprehensively set out in the Rules of Conduct and/or validation and tabulation of votes at the EGMS.
of the EGMS, which were announced and uploaded on
the Bank’s website concurrently with the EGMS Invitation RESOLUTIONS OF THE EGMS ON 26 JUNE 2025
of Meeting and read aloud by the Corporate Secretary The resolutions of the EGMS are documented in Deed No.
prior to the commencement of the EGMS. In addition 98 dated 26 June 2025, made before Ashoya Ratam, S.H.,
to being included in the Rules of Conduct of the EGMS, M.Kn., Notary in the Administrative City of South Jakarta.
the e-Voting procedures at the Meeting Venue were also
made available on the Bank’s website in the form of an
illustrative video.
The details of the resolutions of the EGMS dated 26 June 2025 are as follows:
Approval on the Spin-Off of the Company’s Sharia Business Unit by Establishing a Legal Entity of PT Bank CIMB
1st Agenda Niaga Syariah.
Vote Results Total Majority Votes: 23,779,545,261 shares or 99.9978% (Agree)
Agree Against Abstain/No Votes#
23,732,703,061 shares (99.8008%) 521,400 shares (0.0022%) 46,842,200 shares (0.1970%)
EGMS Resolutions 1. Approved the separation (spin-off) of the Sharia Business Unit of PT Bank CIMB Niaga Tbk by establishing a
legal entity PT Bank CIMB Niaga Syariah, and to authorize any other actions that may be required to implement
such separation (Spin-Off), including to carry out a capital participation in PT Bank CIMB Niaga Syariah;
2. Approved to grant power and authority to the Board of Directors (BOD) of the Company with the right of
substitution, to perform any and all necessary actions in relation to matters pertaining to such Spin-Off with
due observance of the Company’s Articles of Association and prevailing laws and regulations; and
3. Ratified all actions that have been taken by the BOD and/or Board of Commissioners (BOC) of the Company
without any exception in relation to matters pertaining to such Spin-Off with due observance of the Company’s
Articles of Association and prevailing laws and regulations.
Realization It has been realized in 2025.
2nd Agenda Approval on the Spin-Off Design.
Vote Results Total Majority Votes: 23,779,545,261 shares or 99.9978% (Agree)
Agree Against Abstain/No Votes#
23,732,703,061 shares (99.8008%) 521,400 shares (0.0022%) 46,842,200 shares (0.1970%)
EGMS Resolutions 1. Approved the Spin-Off Design of the Sharia Business Unit of PT Bank CIMB Niaga Tbk prepared by the
Company’s BOD and approved by the Company’s BOC;
2. Approved to grant power and authority to the BOD of the Company with the right of substitution, to perform
any and all necessary actions in relation to matters pertaining to the Sharia Business Unit of PT Bank CIMB
Niaga Tbk Spin-Off Design with due observance of the Company’s Articles of Association and prevailing laws
and regulations; and
3. Ratified all actions that have been taken by the BOD and/or the BOC of the Company without any exception in
relation to matters relating to the Spin-Off Design with due observance of the Company’s Articles of Association
and prevailing laws and regulations.
Realization It has been realized in 2025.
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3rd Agenda Approval on the Draft of Spin-Off Deed.
Vote Results Total Majority Votes: 23,779,545,261 shares or 99.9978% (Agree)
Agree Against Abstain/No Votes#
23,732,703,061 shares (99.8008%) 521,400 shares (0.0022%) 46,842,200 shares (0.1970%)
EGMS Resolutions 1. Approved the Draft of Spin-Off Deed;
2. Approved to grant of power and authority to the BOD of the Company with the right of substitution, to take
any and all actions in relation to matters relating to the Draft of Spin-Off Deed with due observance of the
Company’s Articles of Association and prevailing laws and regulations, including to make or request to make all
necessary deeds, letters and documents, appear before the authorized parties/officials, to apply for approval
and/or make notification to the authorized parties/officials to obtain approval from OJK in accordance with the
prevailing laws and regulations and to make amendments and/or additions in the form necessary to obtain
such approval or receipt of notification, and to carry out other actions that may be required without any
exception; and
3. Ratified all actions that have been taken by the Company’s BOD and/or BOC without any exception in relation
to the matters relating to the Spin-Off Deed with due observance of the Company’s Articles of Association and
prevailing laws and regulations.
Realization It has been realized in 2025.
4th Agenda Approval on the Draft of PT Bank CIMB Niaga Syariah Establishment Deed.
Vote Results Total Majority Votes: 23,779,545,261 shares or 99.9978% (Agree)
Agree Against Abstain/No Votes#
23,732,703,061 shares (99.8008%) 521,400 shares (0.0022%) 46,842,200 shares (0.1970%)
EGMS Resolutions 1. Approved the Draft of Establishment Deed of the Sharia Commercial Bank as the result of Spin-Off, namely the
Establishment Deed of PT Bank CIMB Niaga Syariah;
2. Approved to grant power and authority to the BOD of the Company with the right of substitution, to perform
any and all necessary actions in relation to matters pertaining to the Deed of Establishment of PT Bank CIMB
Niaga Syariah, including but not limited to signing the Deed of Establishment of PT Bank CIMB Niaga Syariah,
apply for legalization of PT Bank CIMB Niaga Syariah as a legal entity from Ministry of Law of Republic of
Indonesia and relevant institutions, and to carry out other actions that may be required without any exception
with due observance of the Company’s Articles of Association and prevailing laws and regulations; and
3. Ratified all actions that have been taken by the Company’s BOD and/or BOC without any exception in relation
to matters relating to the Deed of Establishment of PT Bank CIMB Niaga Syariah with due observance of the
Company’s Articles of Association and prevailing laws and regulations.
Realization It has been realized in 2025.
5th Agenda Approval on the Changes to the Company’s Articles of Association that Applicable on the Effectiveness of Spin-Off Date.
Vote Results Total Majority Votes: 23,779,545,261 shares or 99.9978% (Agree)
Agree Against Abstain/No Votes#
23,732,703,061 shares (99.8008%) 521,400 shares (0.0022%) 46,842,200 shares (0.1970%)
EGMS Resolutions 1. Approved the amendments to the Company’s Articles of Association effective on the Spin-Off Effective Date,
namely (i) to delete references to sharia business activities from Article 3 (Purpose, Objectives and Business
Activities), (ii) to delete references to the Sharia Supervisory Board from Article 11 (General Meeting of
Shareholders), and (iii) to delete Article 20 (Sharia Supervisory Board) and Article 21 (Duties and Authorities
of the Sharia Supervisory Board), while also taking into account the implementation of the 2020 Indonesian
Standard Industrial Classification (KBLI), with the full details of the amendments to the Company’s Articles of
Association will be presented during the Meeting;
2. Approved to grant power and authority to the BOD of the Company with the right of substitution, to restate
the resolution regarding the amendments of the Company’s Articles of Association in a notary deed, to notify/
report to the authorities, and with due regard to the foregoing, to perform any necessary actions in accordance
with the laws and regulations; and
3. Ratified all actions that have been taken by the Company’s BOD and/or BOC without any exception in relation
to matters relating to the amendment of the Company’s Articles of Association with due observance of the
Company’s Articles of Association and prevailing laws and regulations.
Realization It has been realized in 2025.
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Approval on the Dissolution and Resignation of Members of the Sharia Supervisory Board of the Company that
6th Agenda Applicable on the Spin-Off Effective Date.
Vote Results Total Majority Votes: 23,779,545,861 shares or 99.9978% (Agree)
Agree Against Abstain/No Votes#
23,732,703,661 shares (99.8008%) 520,800 shares (0.0022%) 46,842,200 shares (0.1970%)
EGMS Resolutions 1. Approved the dissolution and received the proposal resignation of all members of the Sharia Supervisory
Board and provided full release and discharge (acquit de charge) of their responsibilities during their positions
as long as the actions are reflected in the Company’s books and not conflict or violate the applicable laws and
regulations and thanked them for their contributions and services effective on the Spin-Off Effective Date; and
2. Approved to grant of power and authority to the BOD of the Company with the right of substitution, to
restate the resolution regarding the decision of this Meeting’s agenda in the notary deed and to report to the
authorities, and with due regard to the foregoing, to perform any acts necessary in accordance with the laws
and regulations.
With the effective resignation of all members of the Sharia Supervisory Board and the effective Spin-Off on the
Spin-Off Effective Date, the Company dissolves the Sharia Supervisory Board organ in the Company.
Realization It has been realized in 2025.
Approval on the Changes in the Composition of the Company’s Board of Directors and/or Board of Commissioners
7th Agenda that Applicable on the Spin-Off Effective Date.
Vote Results Total Majority Votes: 23,396,528,516 shares or 98.3871% (Agree)
Agree Against Abstain/No Votes#
23,349,686,316 shares (98.1902%) 383,538,145 shares (1.6129%) 46,842,200 shares (0.1970%)
EGMS Resolutions 1. Accepting the proposal resignation of PANDJI P. DJAJANEGARA from his position as Director of the Company
and provided full release and discharge (acquit de charge) of his responsibilities during his positions as long as
the actions are reflected in the Company’s books and not conflict or violate the applicable laws and regulations
and thanked him for his contributions and services effective on the Spin-Off Effective Date.
Thus, the composition of the Company’s BOD effective on the Spin-Off Effective Date are as follows:*
BOARD OF DIRECTORS
President Director : Lani Darmawan
Director : Lee Kai Kwong
Director : John Simon
Director and Director of Compliance : Fransiska Oei
Director : Henky Sulistyo
Director : Joni Raini
Director : Rusly Johannes
Director : Noviady Wahyudi
Director : Rico Usthavia Frans**
*
Effective on the Spin-Off Effective Date.
**
Effective since the closure of the Annual General Meeting of Shareholders dated 14 April 2025, and upon obtaining the OJK
approval and/or fulfilled of the requirements as determined in the OJK approval.
2. Approved to grant of power and authority to the BOD of the Company with the right of substitution, to restate
the resolution regarding the Change to the Company’s BOD Composition in the notary deed and to report to
the authorities, and with due regard to the foregoing, to perform any acts necessary in accordance with the
law and regulations.
Realization It has been realized in 2025.
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DECISIONS AND REALIZATION OF RESULTS OF THE PREVIOUS ANNUAL GMS
RESOLUTIONS OF AGMS HELD ON 3 APRIL 2024
The resolutions of the AGMS were set out in Deed No. 13 dated 3 April 2024, made before Ashoya Ratam S.H., M.Kn.,
a Notary in South Jakarta (Notary). The decision to approve changes to the composition of the Company’s Board of
Commissioners by appointing Dody Budi Waluyo as an Independent Commissioner was restated in Deed No. 56 dated 30
August 2024, drawn up before the aforementioned Notary and received notification from the Minister of Law and Human
Rights of the Republic of Indonesia (Menkumham) in Letter No. AHU-AH.01.09-0247491 dated 3 September 2024.
The details of the AGMS resolutions on 3 April 2024, are as follows:
Approval of the Annual Report and the Consolidated Financial Statements of the Company for the Financial Year
1st Agenda Ended on 31 December 2023.
Vote Results Total Majority Votes: 23,909,940,381 shares or 100.0000% (Agree)
Agree Against Abstain/No Votes#
23,857,134,081 shares (99.7791%) 400 shares (0.0000%) 52,806,300 shares (0.2209%)
AGMS Resolutions 1. Approved the Company’s Annual Report for the financial year ended on 31 December 2023;
2. Ratified the Company’s Consolidated Financial Statements for the financial year ended on 31 December
2023 as audited by the Public Accounting Firm of “Tanudiredja, Wibisana, Rintis & Rekan” (member firm of
PricewaterhouseCoopers global network) as stated in its report dated 19 February 2024, with opinion that
“The Consolidated Financial Statements present fairly, in all material respects, the consolidated financial
position of the Group as of 31 December 2023, and its consolidated financial performance and its consolidated
cash flows for the year then ended, in accordance with Indonesian Financial Accounting Standards”;
3. Ratified the Supervisory Duties Report of the BOC and SSB of the Company for the financial year ended on 31
December 2023; and
4. Granted the acquit and discharge (volledig acquit et décharge) to the members of the BOC, BOD and SSB
of the Company for the management and supervision performed in the financial year 2023 provided the
management and supervision actions are reflected in the Company’s Annual Report for the Financial Year
ended on 31 December 2023.
Realization It has been realized in 2024.
2nd Agenda Determination of the Use of the Company’s Profits for the Fiscal Year Ended 31 December 2023.
Vote Results Total Majority Votes: 23,909,913,881 shares or 99.9999% (Agree)
Agree Against Abstain/No Votes#
23,861,769,581 shares (99.7985%) 26,900 shares (0.0001%) 48,144,300 shares (0.2014%)
AGMS Resolutions Approved the appropriation of the Net Profit of the Company (Company only) for the Financial Year ended on 31
December 2023 of Rp6,168,722,836,227 (the Company’s Net Profit for the Financial Year 2023), as follows:
1. To be distributed as final cash dividends at a maximum of 50% of the Company’s Net Profit for the Financial
Year 2023 or a maximum of Rp3,084,361,418,113 (gross), with the following schedules:
a. Announcement of Schedule and Procedures for Dividend Distribution : 3 April 2024
b. Cum Dividend - Regular and Negotiation Market : 19 April 2024
c. Ex-Dividend - Regular and Negotiation Market : 22 April 2024
d. Cum Dividend - Cash Market : 23 April 2024
e. Recording date for eligible shareholders : 23 April 2024
f. Ex-Dividend in Cash Market : 24 April 2024
g. Dividend Distribution for the Financial Year 2023 : 3 May 2024
and granted the delegation of authority to the BOD for determining the distribution procedures of cash
dividends with regard to the prevailing provisions in the Capital Markets sector;
2. Not set aside any reserve, considering the minimum statutory reserve as required in Article 70 of the Company
Law No. 40 of 2007 (the Company Law) has been complied; and
3. To record the remaining Company’s Net Profit for the Financial Year 2023, after deducted with dividend
payments, amounted to Rp3,084,361,418,113 as the retained earnings to finance the Company’s business
activities.
Realization It has been realized in 2024.
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Appointment of Public Accountant and Public Accounting Firm for the Financial Year 2024 and Determination of the
3rd Agenda Honorarium and Other Requirements related to the Appointment.
Vote Results Total Majority Votes: 23,909,940,381 shares or 100.0000% (Agree)
Agree Against Abstain/No Votes#
23,861,929,781 shares (99.7992%) 400 shares (0.0000%) 48,010,600 shares (0.2008%)
AGMS Resolutions 1. Approved the appointment of JIMMY PANGESTU and Public Accounting Firm of “TANUDIREDJA, WIBISANA,
RINTIS & REKAN” (member firm of PricewaterhouseCoopers global network) which are listed in OJK, as a Public
Accountant and the Public Accounting Firm, respectively or the appointment of other Public Accountant from
the same Public Accounting Firm, in the event he is permanently unable to audit the Company’s Consolidated
Financial Statements for the Financial Year 2024;
2. Approved the delegation of authority to the Company’s BOC to appoint other Public Accountant and Public
Accounting Firm, in the event of the appointed Public Accountant and/or Public Accounting Firm is unable
to complete the audit services or is permanently unable to audit the Company’s Consolidated Financial
Statements for the Financial Year 2024.
For the said delegation of authority, the following terms shall apply:
a. other Public Accounting Firm who is appointed by the Company’s BOC must be one of the big four Public
Accounting Firms in Indonesia;
b. the appointment shall be based on the Company’s Audit Committee recommendation;
c. the honorarium amounts and other appointment terms for other Public Accounting Firm shall be
determined competitively and reasonably;
d. no objection from in OJK; and
e. the appointment shall be not against the applicable laws and regulations.
3. Approved the determination of the honorarium for Public Accounting Firm for the annual audit fees for the
Company’s Consolidated Financial Statements for the 2024 Fiscal Year at a maximum of Rp9.819.008.000
(excluded VAT, OPE);
4. Approved the delegation of authority to the Company’s BOD to carry out matters deemed necessary in
relation to the appointment of the Public Accountant and Public Accounting Firm, including but not limited to
organizing meetings and signing the appointment letter for the Public Accountant and Public Accounting Firm.
Realization It has been realized in 2024.
4th Agenda Reappointment of Glenn M. S. Yusuf as Vice President Commissioner (Independent) of the Company
Vote Results Total Majority Votes: : 23,874,628,957 shares or 99.8523% (Agree)
Agree Against Abstain/No Votes#
23,826,622,157 shares (99.6515%) 35,311,824 shares (0.1477%) 48,006,800 shares (0.2008%)
AGMS Resolutions Approved the reappointment of GLENN M. S. YUSUF as Vice President Commissioner (Independent) of the Company,
with effective term of office since the close of the Meeting until the closing of the 3rd (third) Annual General Meeting
of the Shareholders (GMS) after the effective date of the appointment without prejudicing the rights of the GMS to
dismiss at any time in accordance with the provision as stated in Article 119 of the Company Law.
Realization It has been realized in 2024.
5th Agenda Reappointment of Dato’ Abdul Rahman Ahmad as Commissioner of the Company
Vote Results Total Majority Votes: 23,901,046,412 shares or 99.9628% (Agree)
Agree Against Abstain/No Votes#
23,853,027,612 shares (99.7620%) 8,894,369 shares (0.0372%) 48,018,800 shares (0.2008%)
AGMS Resolutions Approved the reappointment of DATO’ ABDUL RAHMAN AHMAD as Commissioner of the Company, with effective
term of office since the close of the Meeting until the closing of the 3rd (third) Annual GMS after the effective date of
the appointment without prejudicing the rights of the GMS to dismiss at any time in accordance with the provision
as stated in Article 119 of the Company Law.
Realization It has been realized in 2024.
6th Agenda Reappointment of Fransiska Oei as Director and Compliance Director of the Company.
Vote Results Total Majority Votes: 23,901,046,412 shares or 99.9628% (Agree)
Agree Against Abstain/No Votes#
23,853,039,612 shares (99.7620%) 8,894,369 shares (0.0372%) 48,006,800 shares (0.2008%)
AGMS Resolutions Approved the reappointment of FRANSISKA OEI as Director concurrently as Compliance Director of the Company,
with effective term of office since the close of the Meeting until the closing of the 3rd (third) Annual GMS after the
effective date of the appointment without prejudicing the rights of the GMS to dismiss at any time in accordance
with the provision as stated in Article 105 of the Company Law.
Realization It has been realized in 2024.
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Performance Management Company Management Risk
Highlights Reports Profile Discussion & Analysis Management
7th Agenda Reappointment of Pandji P. Djajanegara as Director of the Company.
Vote Results Total Majority Votes: 23,901,046,412 shares or 99.9628% (Agree)
Agree Against Abstain/No Votes#
23,853,039,912 shares (99.7620%) 8,894,369 shares (0.0372%) 48,006,500 shares (0.2008%)
AGMS Resolutions Approved the reappointment of PANDJI P. DJAJANEGARA as Director of the Company, with effective term of
office since the close of the Meeting until the closing of the 3rd (third) Annual GMS after the effective date of the
appointment without prejudicing the rights of the GMS to dismiss at any time in accordance with the provision as
stated in Article 105 of the Company Law.
Realization It has been realized in 2024.
8th Agenda Reappointment of Tjioe Mei Tjuen as Director of the Company.
Vote Results Total Majority Votes: 23,901,046,412 shares or 99.9628% (Agree)
Agree Against Abstain/No Votes#
23,853,039,912 shares (99.7620%) 8,894,369 shares (0.0372%) 48,006,500 shares (0.2008%)
AGMS Resolutions Approved the reappointment of TJIOE MEI TJUEN as Director of the Company, with effective term of office since
the close of the Meeting until the closing of the 3rd (third) Annual GMS after the effective date of the appointment
without prejudicing the rights of the GMS to dismiss at any time in accordance with the provision as stated in Article
105 of the Company Law.
Realization It has been realized in 2024.
Approval of changes to the composition of the Company’s Board of Commissioners by appointing
9th Agenda Dody Budi Waluyo as an Independent Commissioner.
Vote Results Total Majority Votes: 23,909,940,081 shares or 100.0000% (Agree)
Agree Against Abstain/No Votes#
23,861,921,881 shares (99.7992%) 700 shares (0.0000%) 48,018,200 shares (0.2008%)
AGMS Resolutions 1. Approved to change the Company’s BOC composition, by appointing DODY BUDI WALUYO as Independent
Commissioner of the Company, with effective term of office since the closure of the Meeting which appoints
him and upon obtaining the OJK approval and/or fulfilled of the requirements as determined in the OJK
approval letter (the “Effective Date) until the closing of the 3rd (third) Annual GMS after the Effective Date of the
appointment without prejudicing the rights of the GMS to dismiss at any time in accordance with the provision
as stated in Article 119 of the Company Law.
In terms of OJK does not approve the appointment or the requirements as determined by OJK are not fulfilled,
then the appointments will be null and void without requiring a GMS approval.
Accordingly, the composition of the Company’s BOC, shall be as follows:
BOARD OF COMMISSIONERS
President Commissioner : DIDI SYAFRUDDIN YAHYA
Vice President Commissioner (Independent) : GLENN M. S. YUSUF
Independent Commissioner : SRI WIDOWATI
Commissioner : DATO’ ABDUL RAHMAN AHMAD
Commissioner : VERA HANDAJANI
Independent Commissioner : FARINA J. SITUMORANG
Independent Commissioner : DODY BUDI WALUYO*
*
Effective since the closure of the Meeting which appoints him and upon obtaining the OJK approval and/or fulfilled of the
requirements as determined in the OJK approval.
2. Approved the delegation of authority with substitution right to the Company’s BOD, to restate the resolution
regarding the Change to BOC Composition of the Company in the notary deed and to report to the authorities,
and with due regard to the foregoing, to perform any acts necessary in accordance with the laws and
regulations.
Realization It has been realized in 2024.
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Report Governance Responsibilities Corporate Data Statement
Determination on Salary or Honorarium and Other Allowances for the BOC and SSB of the Company as well as
10th Agenda Salary, Allowances and Tantiem/Bonus for the BOD of the Company.
Vote Results Total Majority Votes: 23,757,372,335 shares or 99.3619% (Agree)
Agree Against Abstain/No Votes#
23,708,101,435 shares (99.1558%) 152,568,446 shares (0.6381%) 49,270,900 shares (0.2061%)
AGMS Resolutions 1. Approved and determined the amount of salary or honorarium and other allowances for the BOC in the
financial year 2024 maximum of Rp29,865,000,000 (gross), and granted the delegation of authority to the
Company’s President Commissioner to determine the amounts of salary or honorarium and other allowances
for each member of the Company’s BOC, by considering the Nomination and Remuneration Committee (NRC)
recommendation;
2. Approved and determined the amount of salary or honorarium and other allowances for SSB in the financial
year 2024 maximum of Rp3,215,000,000 (gross), and granted the delegation of authority to the Company’s
President Commissioner to determine the amounts of salary or honorarium and other allowances for each
member of the Company’s SSB, by considering the NRC recommendation;
All members of the BOC (including Independent Commissioners) and SSB do not receive any tantiem/bonus;
3. Approved the total amount of tantiem/bonus for the financial year of 2023 which will be paid in 2024 for the
Company’s BOD, maximum of Rp86,315,000,000 (gross),including the provision of variable remuneration in
the form of share or share-based instrument issued by the Company, and granted the delegation of authority
to the Company’s BOC to determine the amounts of tantiem/bonus for each member of the Company’s BOD,
by considering the NRC recommendation;
The provision of variable remuneration in the form of share or share-based instrument is in accordance with
OJK Regulation No. 45/POJK.03/2015 regarding the Implementation of Governance in Granting Remuneration
for Commercial Banks (POJK No. 45/2015) and the Company’s Policy;
4. Approved the use of the buyback of the Company’s shares totaling 201,600 (two hundred one thousand
six hundred) shares as a variable remuneration to the members of Management who are classified as the
Company’s Material Risk Takers (MRT) and will be to be paid in 2025 and 2026 in accordance with POJK No.
45/2015; and
5. Approved the delegation of authority to the Company’s BOC to determine the amounts of salary, holiday
allowances and other allowances for each member of the Company’s BOD for the financial year 2024, and
determine the terms and conditions for granting variable remuneration to the members of Management who
are classified as the Company’s Material Risk Takers (MRT), by considering the NRC recommendation. Total
salary, holiday allowance and other allowances for the Company’s BOD for the financial year 2024 will be
disclosed in the Company’s 2024 Annual Report.
Realization It has been realized in 2024.
11th Agenda Approval on the Update of the Recovery Plan of the Company.
Vote Results Total Majority Votes: 23,909,939,881 shares or 100.0000% (Agree)
Agree Against Abstain/No Votes#
23,861,471,881 shares (99.7973%) 900 shares (0.0000%) 48,468,000 shares (0.2027%)
AGMS Resolutions 1. Approved the update of Recovery Plan that has been submitted by the Company to the OJK on 20 November
2023; and
2. Approved the delegation of authority to the Company’s BOC and BOD to take any and all necessary actions in
relation to the Company’s updated Recovery Plan, respectively with regard to the POJK No. 14/POJK.03/2017
regarding Recovery Plan for Systemic Banks, as well as the other related regulations.
Realization It has been realized in 2024.
12th Agenda Approval of the Company’s Share Buyback and Transfer Plan.
Vote Results Total Majority Votes: 23,764,326,835 shares or 99.3910% (Agree)
Agree Against Abstain/No Votes#
23,715,057,135 shares (99.3910%) 145,613,946 shares (0.6090%) 49,269,700 shares (0.2061%)
AGMS Resolutions 1. Approved the Company’s shares buyback from public shareholders, at a maximum of 202,000 shares and
at a maximum cost of IDR500,000,000 (including transaction and taxes costs) with regard to the prevailing
regulations, with a maximum share buyback period of 12 (twelve) months from the approval date;
2. Approved the transfer of shares from share buyback through the distribution of variable remuneration in the
form of shares or share-based instruments issued by the Company to parties categorized as the Company’s
MRT for a maximum of 3 (three) years after completion of the share buyback; and
3. Approved the delegation of authority to the BOD of the Company to conduct the Share Buyback in accordance
with the prevailing regulations.
Realization It has been realized in 2024.
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Performance Management Company Management Risk
Highlights Reports Profile Discussion & Analysis Management
13th Agenda Changes to the Company’s AOA
Vote Results Total Majority Votes: 23,909,939,881 shares or 100.0000% (Agree)
Agree Against Abstain/No Votes#
23,861,320,881 shares (100%) 900 shares (0.0000%) 48,619,000 shares (0.2033%)
AGMS Resolutions 1. Approved the changes to the Company’s AOA, namely several provisions in Article 14 paragraph 2, Article 14
paragraph 7, Article 17 paragraph 3, Article 17 paragraph 8,Article 18 paragraph 1, and Article 19 paragraph 8,
due to the adjustments to OJK Regulation No. 17 of 2023 and as detailed changes to the Company’s AOA have
been completely presented at the Meeting; and
2. Approved the delegation of authority to the Company’s BOD with substitution right, to restate the resolution
regarding the changes of the Company’s AOA and restated the entire Company’s AOA in a notary deed, to
notify/report to the authorities, and with due regard to the foregoing, to perform any necessary actions in
accordance with the laws and regulations.
Realization It has been realized in 2024.
Others
14th Agenda (This Meeting Agenda does not require Meeting approval)
Report to the AGMS a. Report of the Sustainable Finance Action Plan (RAKB) of the Company.
The Company reports to the Meeting, regarding:
1) Realization of 2023 RAKB and 2024-2028 RAKB have been submitted to the OJK Bank Supervision on 17
November 2023;
2) 2024 – 2028 RAKB consists of realization of 2023 action plan of the Company and action plans that will be
implemented by the Company in 2024-2028, which covers:
a) development of sustainable finance products and/or portfolio;
b) capacity building programs;
c) internal adjustments; and
d) sustainable Corporate Social Responsibility programs.
b. Report on Changes in the Company’s Audit Committee Members.
1) With regard to:
a) The Company’s Audit Committee Charter;
b) Recommendation of NRC No. 004/NOMREM/KP/II/2024 dated 23 February 2024 that has been
approved based on BOC Circular Resolution No.004/DEKOM/KP/III/2024 dated 29 February 2024 and
BOD Circular Resolution No. 001/SIR/DIR/III/2024 dated 1 March 2024;
The Company reported to the Meeting regarding changes to the Company’s Audit Committee
Members, namely:
- Reappointed Glenn M. S. Yusuf, as Audit Committee Member of the Company, with a tenure of
2024-2026;
- Reappointed Endang Kussulanjari S., as Audit Committee Member of the Company, with a tenure
of 2024-2026;
- Appointed Dody Budi Waluyo, as Chairman (concurrently as member) of the Audit Committee
of the Company, with a tenure since the closure of the Meeting which appoints him and upon
obtaining OJK approval and/or fulfilled of the requirements as determined in the OJK approval
until the closing of the 3rd (third)Annual GMS after his appointment.
With the reappointment of those members and the appointment of a new member above, the composition of
Audit Committee membership became as follows:
1) Dody Budi Waluyo*, as Chairman concurrently as Member;
2) Glenn M. S. Yusuf, as Member**;
3) Endang Kussulanjari S., as Member;
4) Angelique Dewi Daryanto, as Member;
*
effective since the closure of the Meeting which appoints him and upon obtaining the OJK approval and/or fulfilled of the
requirements as determined in the OJK approval.
**
temporary serving as Chairman of the Audit Committee since the closing of the Annual GMS on 3 April 2024 until the
appointment of Dody Budi Waluyo as Chairman of the Audit Committee was declared effective.
In the event of OJK did not approve the appointment or the requirements as determined by OJK are not
fulfilled, then the appointment of the new chairman will be void. Subsequently, Glenn M. S. Yusuf will remain
as the Chairman (concurrently as Member) of the Audit Committee.
c. Accountability report on the Use of Proceeds:
- Shelf Registration Bonds II Bank CIMB Niaga Phase IV Year 2018 Series C;
- Subordinated Bond III Bank CIMB Niaga Year 2018 Series A; and
- Shelf Registration Sukuk Mudharabah I Bank CIMB Niaga Phase III Year 2020 Series B.
The Company reported to the Meeting that the accountability report on the use of proceeds from the Bonds/
Sukuk had been reported by the Company to the Capital Markets OJK with a copy to the BEI and the OJK Bank
Supervisory, respectively via letter No. 003/DIR/I/2019 dated 10 January 2019 and letter No. 058/DIR/VII/2020
dated 17 July 2020.
As of the position of 31 December 2023, the funds obtained from:
- Shelf Registration Bonds II Bank CIMB Niaga Phase IV Year 2018 Series C amounting to Rp118,000,000,000
(nett);
- Subordinated Bond III Bank CIMB Niaga Year 2018 Series A amounting to Rp75,000,000,000 (nett); and
- Shelf Registration Sukuk Mudharabah I Bank CIMB Niaga Phase III Year 2020 Series B amounting to
Rp287,000,000,000 (nett),
have been fully used in accordance with the plan as disclosed in the respective Prospectus.
432 PT BANK CIMB NIAGA TBK 2025 Annual Report
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d. Report on the Realization of the Transfer of the Company’s Share Buyback
The Company reports to the Meeting regarding the Realization of the Transfer of the Company’s Share
Buyback, that the shares from the share buyback which was approved at the Extraordinary GMS on 25 April
2017 and the Company’s Annual GMS on 15 April 2019, have been completely transferred.
Realization It has been realized in 2024.
RESOLUTION OF THE THIRD EGMS ON 11 JANUARY 2024
The resolutions of the Third EGMS were set out in Deed No. 13 dated 11 January 2024, made before Ashoya Ratam, SH.,
MKn., Notary in the Administrative City of South Jakarta (Notary).
The details of the resolutions of the Third EGMS, held on 11 January 2024, are as follows:
1st Agenda Approval of Capital Increase without Pre-emptive Rights (Non Pre-emptive Rights Issue).
Vote Results Total Majority Votes: 793,920,794 shares or 99.9830% (Agree)
Agree Against Abstain/No Votes#
754,731,594 shares (95.0475%) 134,900 shares (0.0170%) 39,191,200 shares (4.9356%)
EGMS Resolutions 1. Approve Issue a maximum of 10,599,000 (ten million five hundred ninety-nine thousand) new shares with a
mechanism without pre-emptive rightsM. S.
2. Granting the delegation of authority to the Company’s Board of Directors with the right of substitution to
determine the number of shares issued and price of the new shares; and
3. Granting the delegation of authority to the Company’s Board of Commissioners, to state the realization
regarding the share issuance without pre-emptive rights.
Realization It has been realized in 2024.
2nd Agenda Amendment to the Articles of Association of the Company.
Vote Results Total Majority Votes: 24,040,630,623 shares or 99.9993% (Agree)
Agree Against Abstain/No Votes#
24,001,440,223 shares (99.8363%) 161,400 shares (0.0007%) 39,192,400 shares (0.1630%)
EGMS Resolutions 1. Amendment to the Article 4 paragraph 4.2. point b in the Company’s Articles of Association; and
2. Granting the delegation of authority to the Board of Directors with the right of substitution, to restate the
Meeting decisions and recomposing the entire Articles of Association of the Company, notify to the authorities,
and perform any necessary actions in accordance with the laws and regulations
Realization It has been realized in 2024.
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RESOLUTIONS OF THE EGMS ON 25 OCTOBER 2024
The resolution of the EGMS were set out in Deed No. 52 dated 25 October 2024, made before Ashoya Ratam, SH., MKn.,
Notary in the Administrative City of South Jakarta (Notary).
The details of the resolution of the EGMS on 25 October 2024, are as follows:
1st Agenda Approval to Change the Company’s Board of Commissioners Composition.
Vote Results Total Majority Votes: 23,836,174,703 shares or 99.9397% (Agree)
Agree Against Abstain/No Votes#
23,786,894,303 shares (99.7331%) 14,383,724 shares (0.0603%) 49,280,400 shares (0.2066%)
EGMS Resolutions Approving changes to the composition of the Company’s Board of Commissioners with:
1. Accepting the resignation of DATO’ ABDUL RAHMAN AHMAD, from his position as Commissioner of the
Company, effective since 30 June 2024.
2. Appointing NOVAN AMIRUDIN as Commissioner of the Company, with effective term of office since the date
specified in the Meeting which appoints him and upon obtaining the OJK approval and/or fulfilled of the
requirements as determined in the OJK approval letter (the Effective Date) until the closing of the 3rd (third)
Annual GMS after the Effective Date of the appointment without prejudicing the rights of the GMS to dismiss
at any time in accordance with the provision as stated in Article 119 of the Company Law.
In terms of OJK does not approve the appointment or the requirements as determined by OJK are not fulfilled,
then the appointments will be null and void without requiring a GMS approval.
Accordingly, the composition of the Company’s BOC, shall be as follows:
BOARD OF COMMISSIONERS
President Commissioner : DIDI SYAFRUDDIN YAHYA
Vice President Commissioner (Independent) : GLENN M. S. YUSUF
Independent Commissioner : SRI WIDOWATI
Commissioner : VERA HANDAJANI
Independent Commissioner : FARINA J. SITUMORANG
Independent Commissioner : DODY BUDI WALUYO
Commissioner : NOVAN AMIRUDIN*
*
Effective since the closure of the Meeting which appoints him and upon obtaining the OJK approval and/or fulfilled of the
requirements as determined in the OJK approval.
3. Approved the delegation of authority with substitution right to the Company’s BOD, to restate the resolution
regarding the Change to BOC Composition of the Company in the notary deed and to report to the authorities,
and with due regard to the foregoing, to perform any acts necessary in accordance with the laws and
regulations
Realization It has been realized in 2024.
2nd Agenda Changes to the Company’s Articles of Association
Vote Results Total Majority Votes: 23,850,545,227 shares or 99.9999% (Agree)
Agree Against Abstain/No Votes#
23,801,278,527 shares (99.7934%) 13,200 shares (0.0001%) 49,266,700 shares (0.2066%)
EGMS Resolutions 1. Approved the changes to the Company’s Articles of Association, namely Article 20, 21, 22, 23, 24 and 25 of the
Company’s Articles of Association to adjust with Financial Services Authority (OJK) Regulation No. 2 of 2024, as
detailed changes to the Company’s Articles of Association have been completely presented at the Meeting.
2. Approved the delegation of authority to the Company’s BOD with substitution right, to restate the resolution
regarding the changes of the Company’s AOA and restated the entire Company’s AOA in a notary deed, to
notify/report to the authorities, and with due regard to the foregoing, to perform any necessary actions in
accordance with the laws and regulations.
Realization It has been realized in 2024.
STATEMENT ON UNREALIZED GMS RESOLUTIONS
CIMB Niaga has implemented all recommendations from the 2024 AGMS and EGMS, the AGMS of 14 April 2025, and
the EGMS of 26 June 2025. Therefore, this Annual Report does not state any information on why some, if any, of GMS
resolutions the Bank has yet to implement.
Note for Abstain/No Votes#
#
In accordance with the provisions of the Article 13 paragraph 13.4 the Company’ AOA: “the Shareholder of the shares with valid voting rights who attends the General
Meeting of Shareholders but abstain (not casting a vote) shall be considered of casting the same vote with the majority votes of the shareholders who were casting their
votes. Hence, the shareholder who is casting the vote as mentioned above shall comply with and respect the resolutions adopted for the respective General Meeting
of Shareholders agenda”.
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Board of Commissioners
The Board of Commissioners (BOC) is a Bank Governance is prepared with reference to Law of the Republic of
organ responsible to conduct general and/or specific Indonesia No. 40 of 2007 on Limited Liability Companies;
oversight in accordance with the Articles of Association. OJK Regulations and OJK Circular Letters concerning the
The BOC also consistently ensures that the Bank conducts implementation and organs of Corporate Governance;
its business in line with its established objectives and the Bank’s Articles of Association; the Indonesian General
purposes, provides advice to the Board of Directors (BOD), Guidelines on Good Corporate Governance (GCG) issued
and ensures that governance principles are implemented by the National Committee on Governance Policy (KNKG);
at every level of the organization. and the ASEAN Corporate Governance Scorecard.
Furthermore, the BOC is responsible for ensuring that The BOC Charter governs, among others, the following
the Bank continuously complies with prevailing laws matters:
and regulations and conducts all operational activities 1. Accountability;
in a prudent manner, with integrity, and in accordance 2. Structure and Membership;
with compliance principles. In this regard, the BOC plays 3. Requirements and Appointment;
a vital role in safeguarding the Bank’s accountability, 4. Duties, Responsibilities, and Authorities;
transparency, and business sustainability. 5. Authority Framework and Decision-Making
Procedures of the BOC;
LEGAL BASIS 6. Conflicts of Interest;
The BOC is established and appointed with reference 7. Transparency;
to prevailing laws and regulations and corporate 8. Ethics, Working Time, and Prohibitions;
governance guidelines, including, among others: 9. Working Relationship Framework between the BOC,
1. The Laws of the Republic of Indonesia on Limited the BOD, and the Sharia Supervisory Board (SSB);
Liability Companies and Banking; 10. Meetings;
2. Regulations of the Financial Services Authority (OJK), 11. Term of Office;
OJK Circular Letters, Bank Indonesia (BI) Regulations, 12. Resignation; and
and BI Circular Letters related to the implementation 13. Performance Assessment (Evaluation) and
of Corporate Governance and its governing organs; Accountability.
3. The Bank’s Articles of Association; and
4. Deed of Statement of Resolution of the Extraordinary STRUCTURE, NUMBER, AND COMPOSITION
General Meeting of Shareholders No. 5 dated 29 July OF THE BOARD OF COMMISSIONERS IN 2025
2025, which has been notified to the Minister of Law The structure, number, and composition of the BOC of
of the Republic of Indonesia through the Letter of CIMB Niaga in 2025 complied with prevailing regulations
Receipt of Notification No. AHU-AH.01.09-0319677 as stipulated in the BOC Charter, as follows:
dated 1 August 2025. 1. The number of members of the BOC of CIMB Niaga
shall be at least 3 (three) persons and at most equal to
CHARTER OF THE BOARD OF COMMISSIONERS the number of members of the BOD. As of December
The BOC performs its functions, duties, and responsibilities 2025, the BOC comprised 7 (seven) members.
based on the guidelines and rules of procedure set forth 2. The BOC of CIMB Niaga is led by a President
in the BOC Charter. The Charter is periodically evaluated Commissioner.
and updated to ensure alignment with prevailing laws and 3. One member of the BOC is appointed as Vice
regulations. The most recent update was conducted on 24 President Commissioner (Independent), namely
October 2025, and the document has been published on Glenn M. S. Yusuf.
the Bank’s official website. 4. At least 1 (one) member of the BOC must be domiciled
in Indonesia; CIMB Niaga has 4 (four) members of the
The BOC Charter serves as a guideline for all members BOC domiciled in Indonesia.
of the BOC in carrying out their oversight duties in 5. 4 (four) out of 7 (seven) members, or 57% (fifty-seven
an efficient, effective, transparent, independent, and percent), of the BOC of CIMB Niaga are Independent
accountable manner. The Charter ensures that the Commissioners.
oversight function is performed in accordance with sound 6. 6 (six) out of 7 (seven) members, or 85% (eighty-five
governance principles and supports the achievement percent), of the BOC of CIMB Niaga are Indonesian
of sustainable Bank performance. The BOC Charter citizens.
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7. The replacement and/or appointment of members of the BOC of CIMB Niaga has taken into account the recommendations
of the Nomination and Remuneration Committee and has obtained approval from the GMS and OJK.
8. All members of the BOC of CIMB Niaga have no family relationships up to the second degree with fellow members
of the BOC, SSB and/or BOD, nor with the Controlling Shareholder.
9. All members of the Bank’s BOC have passed the Fit and Proper Test.
In line with the principles of the ASEAN Corporate Governance Scorecard (ACGS), the number and composition of the
BOC of CIMB Niaga have been structured proportionally and in compliance with applicable regulations. The composition
of the BOC is as follows:
1. 3 (three) members of the BOC are female, 2 (two) of whom serve as Independent Commissioners.
2. More than 50% (fifty percent) of the members of the BOC are Independent Commissioners, namely 4 (four)
Independent Commissioners out of a total of 7 (seven) members.
3. In terms of expertise, the majority of members of the BOC have professional experience in the banking sector.
4. One of the Independent Commissioners has been appointed as the Senior Independent Commissioner, namely
Glenn M. S. Yusuf.
COMPOSITION OF THE BOARD OF COMMISSIONERS IN 2025
No. Name Position Term of Office
1 Didi Syafruddin Yahya President Commissioner 2023 - 2026
2 Glenn M. S. Yusuf Vice President Commissioner (Independent) 2024 - 2027
3 Sri Widowati Independent Commissioner 2023 - 2026
4 Vera Handajani Commissioner 2025 - 2028
5 Farina J. Situmorang Independent Commissioner 2023 - 2026
6 Dody Budi Waluyo Independent Commissioner 2024 - 2027
7 Novan Amirudin Commissioner 2024 - 2027
TERM OF OFFICE OF THE BOARD OF COMMISSIONERS
1. The term of office for a member of the BOC is from the date of appointment by the GMS until the closing of the 3rd
(third) Annual GMS (AGMS) after the date of the appointment, without prejudice to the right of the GMS to dismiss
the member at any time in accordance with the applicable Articles of Association and provisions.
2. The appointment of members of the BOC shall become effective upon obtaining approval from the OJK or upon the
fulfillment of the requirements stipulated in the relevant OJK approval letter concerning the Fit and Proper Test, as
well as from other relevant authorities (if any), and after approval by the shareholders through the GMS.
3. The term of office for an Independent Commissioner is 2 (two) consecutive terms, or a maximum of 9 (nine) years.
4. The term of office for a member of the BOC ends if:
a. The term of office ends in accordance with the provisions of the Bank’s Articles of Association;
b. Resign in accordance with prevailing regulations;
c. No longer meets the statutory requirements;
d. Passed away;
e. Dismissed based on GMS resolution;
f. Declared bankrupt or placed under guardianship based on a court decision; or
g. Involved in financial crime.
5. Members of the BOC whose term of office has ended may be reappointed, by considering the applicable provisions.
FIT AND PROPER TEST
According to OJK Regulation (POJK) No. 27/POJK.03/2016 on Fit and Proper Tests for Main Parties of Financial Services
Institutions, each candidate for members of the BOC must obtain approval from the OJK before taking on his or her
duties, authorities, and functions. Members of the Bank’s BOC must also demonstrate integrity, competence, and sound
financial reputation. Compliance with these requirements is shown in the table below:
Legal Basis of
No. Name Position Organizer BI/OJK Approval Effective Date Reappointment
Appointment
1 Didi Syafruddin Yahya President OJK AGMS No. SR-188/PB.12/2020 7 July AGMS
Commissioner 9 April 2020 dated 7 July 2020 2020 10 April 2023
2 Glenn M. S. Yusuf Vice President OJK AGMS No. SR-308/PB.12/2020 16 September AGMS
Commissioner 9 April 2020 dated 16 September 2020 2020 3 April 2024
(Independent)
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Legal Basis of
No. Name Position Organizer BI/OJK Approval Effective Date Reappointment
Appointment
3 Sri Widowati Independent OJK AGMS No. SR-309/PB.12/2019 20 November AGMS
Commissioner 15 April 2019 dated 20 November 2019 2019 10 April 2023
4 Vera Handajani Commissioner OJK EGMS No. SR-310/PB.12/2021 17 December AGMS
17 December 2021 dated 1 December 2021 2021 14 April 2025
5 Farina J. Situmorang Independent OJK AGMS No. SR-27/PB.02/2024 25 January -
Commissioner 10 April 2023 dated 18 January 2024 2024
6 Dody Budi Waluyo Independent OJK AGMS No SR-353/PB.02/2024 21 August -
Commissioner 3 April 2024 dated 21 August 2024 2024
7 Novan Amirudin Commissioner OJK EGMS No. SR-46/PB.02/2025 26 February -
25 October 2024 dated 26 February 2025 2025
DUTIES, RESPONSIBILITIES, AND AUTHORITIES f.
Ensuring that risk management implementation
OF THE BOARD OF COMMISSIONERS covers country risk and transfer risk by evaluating
The BOC performs its functions and responsibilities strategies, policies, and the accountability of
collegially, assisted by four Committees under the BOC, the BOD for the implementation of country risk
namely the Audit Committee, Risk Oversight Committee, and transfer risk, including providing periodic
Nomination and Remuneration Committee, and guidance for improvements;
Integrated Governance Committee, according to their g. Ensuring that the BOD establishes and maintains
respective scope of duties. The provisions governing the an adequate, effective, and efficient internal
duties, responsibilities, and authorities of the BOC apply control system, and reviewing the effectiveness
to all members of the BOC, as outlined below: and efficiency of such internal control systems
1. Each member of the BOC may not act individually, but based on information obtained from the Bank’s
based on decisions of the BOC. Internal Audit Unit (IA) at least once a year;
2. The BOC is responsible for: h. Appointing an independent external quality
a. Ensuring the implementation of Good Corporate controller to conduct a review of the performance
Governance (GCG) in all of the Bank’s business of IA, taking into account the recommendations of
activities at all organizational levels; the Audit Committee;
b. Ensuring the alignment of environmental, i. Supervising the implementation of internal
economic, social, and governance aspects in control policies and procedures in the Bank’s
the formulation of business strategies and the financial reporting process;
execution of business activities by the BOD, as j. Ensuring that the BOD has and implements
part of the implementation of sustainable banking Financial Literacy and Financial Inclusion activity
practices, while taking into account sustainability plans;
and climate change risks and opportunities; k. Supervising the implementation of Integrated
c. Evaluating, directing, and monitoring the Governance within the Financial Conglomerate;
Bank’s strategic plans and the implementation and
of Information Technology (IT) governance in l. Jointly with the President Director, approving the
accordance with prevailing regulations; annual audit plan and budget allocation for the
d. Exercising active oversight on the Compliance internal audit function, as well as the internal audit
Function by evaluating its implementation at least charter, taking into account the recommendations
2 (two) times within 1 (one) year and providing of the Audit Committee.
recommendations to the President Director to 3. The BOC is prohibited from being involved in
enhance the quality of the Bank’s Compliance operational decision-making of the Bank, except for:
Function; a. Provision of funds to related parties as regulated
e. Ensuring the implementation of risk management in POJK on the Legal Lending Limit (LLL) for
in accordance with the Bank’s characteristics, Commercial Banks and Sharia Commercial Banks;
complexity, and risk profile by approving and and
evaluating risk management policies, including b. Other matters as stipulated in the Bank’s Articles
the Bank’s risk management strategy and of Association or applicable laws and regulations.
framework, in line with the Bank’s risk appetite 4. Decisions taken by the BOC as referred to above, is
and risk tolerance, at least once a year or more part of the BOC supervisory function so that it does
frequently if there are significant changes in not negate the responsibility of the BOD for the
factors affecting the Bank’s business activities; management of the Bank.
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5. The BOC approves and/or supervises, both directly or 12. The BOC is required to design succession planning
through Committees of the BOC, the implementation for the Chief Executive Officer (CEO)/President
of the Bank’s strategies, Business Plan, and several Director and key management to ensure sustainable
policies in accordance with applicable regulations, leadership regeneration for the Bank in the future.
including but not limited to the formulation
and implementation of Anti-Fraud strategies, DUTIES AND RESPONSIBILITIES OF THE
Anti-Money Laundering and Counter- Financing PRESIDENT COMMISSIONER
Terrorism (AML–CFT) procedures, Whistleblowing The duties and responsibilities of the President
mechanisms, Integrated Governance, Related Commissioner of CIMB Niaga are as follows:
Party Transactions, LLL, and other Bank strategies 1. Coordinating and ensuring the proper execution
as required. Specifically, through the Nomination of the duties and responsibilities of the BOC in
and Remuneration Committee, the BOC oversees accordance with established procedures.
the selection and assessment of candidates for 2. Issue invitations and lead meetings of the BOC,
members of the BOC and the BOD without engaging including being able to propose to hold the BOC
in intervention. meetings along with the meeting agenda.
6. The BOC is required to supervise follow-up actions 3. Submitting the supervisory report to obtain approval
by the BOD on audit findings and recommendations from the AGMS regarding the implementation of the
from the Bank’s Internal Audit Unit, external auditors, duties and oversight functions of the BOC.
results of supervision by the OJK, and/or oversight by 4. Together with the President Director, signing reports
other authorities and institutions. on the appointment or dismissal of the Chief Audit
7. The BOC is required to notify the OJK no later than Executive and reports on the results of independent
5 (five) working days after the discovery of violations external reviews of the performance of the Bank’s IA,
of laws and regulations in the financial and banking to be submitted to the OJK.
sectors related to the Bank’s business activities and/ 5. Ensuring that meetings of the BOC conduct decision-
or significant conditions or weaknesses that may making effectively based on accurate and complete
endanger the continuity of the Bank’s business. information, including ensuring that:
8. In order to support the effective implementation of a. All strategic and significant issues are duly
its duties and responsibilities, the BOC is required to considered by the BOC;
establish at least: b. Existing issues are discussed thoroughly and
a. Audit Committee; carefully;
b. Risk Oversight Committee; and c. All members of the BOC are given the opportunity
c. Nomination and Remuneration Committee. to contribute effectively;
The BOC is required to oversee the effective d. Each Commissioner receives relevant information
performance of these Committees and to conduct in a timely manner, including brief explanations of
evaluations and/or performance assessments issues to be discussed at BOC meetings; and
of the Committees at least at the end of each e. Meetings of the BOC result in clear decisions that
financial year. are properly recorded in the meeting minutes.
9. The BOC and the President Director are responsible 6. Lead efforts to address the development needs of the
for ensuring that internal audits at the Bank’s BOC.
subsidiaries are conducted using the Bank’s audit 7. Conducting the final evaluation, by taking into
standards, while taking into account the size, account the recommendations of the Nomination
characteristics, and complexity of the subsidiaries’ and Remuneration Committee, on the results of the
business activities. collective evaluation of the BOC and its Committees,
10. The BOC and the President Director approve the as well as individual evaluations of members of the
appointment or dismissal of the Chief Audit Executive, BOC and members of its Committees.
taking into consideration the recommendations of
the Audit Committee. Detailed information regarding the duties,
11. The BOC is entitled to obtain explanations regarding responsibilities, and authorities of the BOC and the
all matters related to the operations of the Bank President Commissioner is fully stated in the BOC
and its subsidiaries, as well as matters related to the Charter, which can be accessed through the Bank’s
Bank’s ethics. website https://investor.cimbniaga.co.id/gcg/boc.html.
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DUTIES AND AUTHORITIES OF THE SENIOR INDEPENDENT COMMISSIONER
1. Act as coordinator and chair of BOC meetings for agenda items that potentially involve conflicts of interest with
affiliated parties.
2. Act as a liaison for the BOC in matters that need to be communicated in relation to the Controlling Shareholder.
3. Act as an independent channel for whistleblowers’ complaints related to the Controlling Shareholder.
DELEGATION OF DUTIES OF MEMBERS OF THE BOARD OF COMMISSIONERS
Several members of the BOC hold concurrent positions as Chairman of Committees under the BOC, based on their
respective competencies and areas of expertise. The assignment of duties among members of the BOC is as follows:
Committees Committee Membership by Members of the BOC
Audit Committee 1. Dody Budi Waluyo (Chairman concurrently Member)
2. Glenn M. S. Yusuf (Member)
Risk Oversight Committee 1. Glenn M. S. Yusuf (Chairman concurrently Member)
2. Didi Syafruddin Yahya (Member)
3. Vera Handajani (Member)
4. Farina J. Situmorang (Member)
5. Dody Budi Waluyo (Member)
Nomination and Remuneration 1. Sri Widowati (Chairwoman concurrently Member)
Committee 2. Glenn M. S. Yusuf (Member)
3. Didi Syafruddin Yahya (Member)
Integrated Governance Committee 1. Dody Budi Waluyo (Chairman concurrently Member)
TYPES OF DECISIONS THAT REQUIRE personal gain or for the benefit of their families or
THE APPROVAL OF THE BOARD OF affiliated parties.
COMMISSIONERS 3. The BOC are prohibited from receiving any personal
Strategic, material, and policy-related matters that are income or benefits from the Bank other than
significant to the Bank’s sustainability constitute the remuneration and other facilities as stipulated in
types of decisions requiring the approval of the BOC. Bank policies and approved by the General Meeting
The scope of such matters includes approval of the Bank of Shareholders.
Business Plan and annual budget, material transactions 4. The BOC are required to prioritize the interests of
such as acquisitions or divestments of strategic assets, as the Bank by upholding professionalism and integrity,
well as risk management policies covering credit, market, and by working and behaving in accordance with high
liquidity, and operational risks. The BOC also approves ethical standards.
sustainability governance policies, remuneration 5. The BOC are prohibited from retaining, duplicating,
structures, and the appointment or dismissal of members or exercising control over Bank documents or assets
of the BOD. for personal purposes.
6. Except as stipulated under prevailing laws and
Furthermore, decisions relating to changes in capital regulations and the Bank’s Articles of Association, the
structure, issuance of debt instruments, strategic BOC is not authorized to represent the Bank, even if
investments, as well as transactions with parties granted power of attorney by the BOD, unless due to
who have a special relationship that have potential the non-functioning of the BOD, the BOC assumes
conflicts of interest, also require the approval of the the role of the BOD.
BOC. All decisions are made with due consideration of 7. Each member of the BOC is prohibited from receiving,
recommendations from Committees under the BOC, giving, or offering anything to or from State Officials
ensuring compliance with OJK regulations and adherence and business partners. Members of the BOC also do
to sound governance principles. not receive shares or bonuses.
INDEPENDENCE OF THE BOARD OF CONCURRENT POSITIONS OF THE BOARD OF
COMMISSIONERS COMMISSIONERS
The independence of the BOC, as stipulated in the BOC As regulated in the BOC Charter, members of the BOC
Charter, includes the following provisions: may hold concurrent positions only as follows:
1. The BOC, their families, and affiliated parties are 1. As a member of the BOC, member of the SSB, member
prohibited from borrowing funds from the Bank. of the BOD, or Executive Officer at 1 (one) non-
2. The BOC are prohibited from using information financial institution/company, whether domiciled
obtained from the Bank to make decisions for domestically or overseas; or
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2. As a Committee member of up to 5 (five) Committees at a potential conflict of interest, members of the BOC are
the Bank or at public companies where the individual required to disclose such conditions, refrain from taking
also serves as a member of the BOC or BOD. actions that may cause harm to or reduce benefits for
the Bank, and ensure that any decisions made remain
The following positions are not considered concurrent objective, transparent, and in line with the principles of
positions as referred to above: GCG.
1. Members of the BOC, members of the BOD, or
Executive Officers who perform supervisory functions In the event of a conflict of interest, members of the BOC
at 1 (one) non-Bank subsidiary controlled by the Bank. are required to comply with the following procedures:
2. Non-Independent Commissioners who carry out 1. Required to immediately report in writing to the BOC
functional duties on behalf of the Bank’s shareholder all matters that may create and/or contain conflicts
in the form of a legal entity within its business group; of interest that could have a significant financial or
and/or reputational impact on CIMB Niaga, the BOC, and the
3. Members of the BOC who hold positions in non-profit BOD.
organizations or institutions, provided that such 2. Refrain from participating in the assessment process
positions do not cause the individual to neglect the of any activities involving such conflicts of interest.
performance of their duties and responsibilities as 3. May participate in meetings but are not allowed to
members of the BOC of the Bank. take part in the decision-making.
All members of the BOC of CIMB Niaga do not have Furthermore, the Bank ensures that any transactions
concurrent positions in CIMB Niaga’s subsidiaries. with parties having special relationships with the Bank
Information regarding concurrent positions held by (affiliated parties) are conducted on an arm’s-length
members of the BOC at other institutions, organizations, basis and are not more favorable than transactions with
or listed companies during 2025 is disclosed in the other parties under similar conditions.
Company Profile chapter of this Annual Report.
PARTICIPATION OF MEMBERS OF THE
CONFLICTS OF INTEREST OF THE BOARD OF BOARD OF DIRECTORS IN ASSOCIATIONS/
COMMISSIONERS ORGANIZATIONS
Throughout 2025, all members of the BOC had no Several members of the BOC of CIMB Niaga actively
conflicts of interest or potential conflicts of interest with participate and contribute to various professional
the Bank. The BOC consistently upheld its independence associations and organizations. Such participation does
and ensured that it did not place itself in situations that not interfere with the performance of their duties and
could give rise to conflicts of interest, in accordance with responsibilities as members of the BOC and, accordingly,
the provisions set out in the BOC Charter. In the event of is not classified as holding concurrent positions.
Name Position Position at the Association/Organization
Vera Handajani Commissioner • Deputy Chairman of Advisory Board of Bankers Association for Risk Management (BARA)
(2024 – 2027).
Dody Budi Waluyo Independent • Member of the Central Board of Trustee Ikatan Sarjana Ekonomi Indonesia (ISEI) (2003 – present)
Commissioner • Member of Supervisory Board of PERBANAS (2025 – present).
• Member of Supervisory Board of Banking Compliance Directors Communication Forum
(2025 – present).
POLICY ON THE PROVISION OF LOAN FOR THE BOARD OF COMMISSIONERS
CIMB Niaga implements a policy whereby Independent Commissioners, along with their families and affiliated parties, are
prohibited from obtaining loan facilities from the Bank, as stipulated in the BOC Charter. Meanwhile, Non-Independent
Commissioners, their families, and affiliated parties may obtain loan facilities under terms and conditions that apply
generally and are equivalent to those offered to non-related parties. In accordance with POJK No. 32/POJK.03/2018, any
loan facilities to members of the BOC are calculated in line with CIMB Niaga’s Legal Lending Limit.
REALIZATION OF THE IMPLEMENTATION OF DUTIES AND FOCUS SUPERVISION OF THE BOARD
OF COMMISSIONERS IN 2025
The focus and realization of the BOC oversight duties during 2025 covered several key aspects, including:
1. Analyzing, providing input on, and jointly approving with the BOD the Bank Business Plan (RBB), including reviewing
and approving amendments to the RBB for submission to the OJK in accordance with the timelines set by OJK.
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2. Supervising the implementation of the RBB, which of the Audit Committee, Risk Oversight Committee
is periodically reported to the OJK through RBB (ROC), and Integrated Governance Committee (IGC)
oversight reports. for the 2025–2028 term of office.
3. Monitoring, analyzing, and providing input on the 15. With respect to Human Resources, through the
Bank’s strategic plans. Nomination and Remuneration Committee,
4. Conducting periodic reviews of the Bank’s financial monitoring manpower policies and human capital
performance, whereby during each BOC meeting management functions that pose risks or have a
and/or committee meeting, business units are invited significant impact on the Bank, as well as overseeing
to present their respective performance. the implementation of risk management in
5. In line with applicable regulations, exercising active outsourcing arrangements.
oversight of risk management, including conducting 16. Through the Audit Committee, reviewing financial
self-assessments of the Bank’s soundness level using statements covering their presentation, accounting
the Risk-Based Bank Rating (RBBR) approach. In 2025, treatments, and compliance with generally accepted
through the Risk Oversight Committee, the Board accounting principles, reviewing the adequacy
monitored risk management practices, asset quality, of public disclosures and regulatory reporting,
the Bank’s soundness status, stress test results, evaluating the implementation of the Bank’s internal
and reviewed mandatory risk management policies, audit function, and assessing the effectiveness of the
including the Contingency Funding Plan, as well as compliance function.
evaluated the alignment between risk management 17. Exercising risk oversight functions through the ROC,
policies and their implementation. which provides recommendations to the BOC to
6. Ensuring that the BOD has followed up on audit support the effective execution of its duties and
findings and recommendations from the IA, including responsibilities related to risk management.
corrective actions on findings from external auditors 18. Performing oversight and implementing IG within
and regulators. the CIMB Indonesia Financial Conglomerate through
7. With respect to liquidity in both Rupiah and US Dollar the IGC, including evaluating the implementation
currencies, periodically receiving reports from the of integrated governance through assessments
BOD to obtain a clear overview of the Bank’s funding of internal control adequacy and the execution of
structure, liquidity position, and funding strategies. integrated compliance functions.
8. Reviewing: (i) semi-annual supervisory reports, (ii) self- 19. Analyzing, providing input on, and approving the
assessment reports on Corporate Governance, and 2026 Sustainable Finance Action Plan (SFAP) and the
(iii) related party transactions, as well as approving realization of the 2025 SFAP for submission to the
certain internal policies requiring approval at the BOC OJK.
level. 20. Regarding the supervisory of the SBU, ensuring
9. Receiving updated reports on investments and the implementation of Sharia Banking Governance
achievements related to operational and information through joint meetings between the SSB and the
technology initiatives implemented during 2025. BOC.
10. Monitoring the Bank’s operational risks, including
Non-Performing Loans (NPL), impaired loans, and RECOMMENDATION OF THE BOARD OF
fraud. COMMISSIONERS
11. Reviewing and approving updates to the Recovery Key recommendations issued by the BOC throughout
Plan submitted to the OJK at the end of November 2025 include:
2025 and ensuring that such updates are also 1. Provide feedback and approve the Corporate Action
submitted for approval by Shareholders at the 2026 Plan for 2025, including the convening of AGMS,
AGMS. EGMS, dividend distribution, the spin-off of the SBU,
12. Reviewing, providing input on, and approving the and plans for the establishment of subsidiaries, which
Information Technology Strategic Plan. remain subject to regulatory approval.
13. Providing input on the latest OJK regulations 2. Provide approval for amendments to the 2025 Bank
concerning Financial Conglomeration. Business Plan, the 2026 Recovery Plan, the 2026 SFAP,
14. During 2025, approving the recommendations of the realization of the 2025 SFAP, as well as approving
the Nomination and Remuneration Committee to the Bank’s strategic and business plans for 2026.
be submitted to the GMS, and the reappointment of 3. Review and provide feedback on the 2026 budget and
Angelique Dewi Daryanto as an Independent Party Risk Appetite Statement.
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4. Provide feedback regarding the Bank’s financial every 4 (four) months. The BOC is also required to
targets, including Net Interest Margin, Non- hold meetings with the SSB on a regular basis at least
Performing Loans, Loan to Deposit Ratio, Loan once every 4 (four) months.
Growth, Asset Quality, productivity, and market 3. Meetings may be conducted, among others, through
competitiveness. face-to-face meetings or by using telepresence
5. Providing recommendations to enhance performance technology (allowing participants to see and hear one
and services in the consumer segment to support of another).
the F30 strategy, leveraging digitalization to improve 4. At least 2 (two) times a year, meetings of the BOC must
productivity and reduce service costs, implementing be physically attended by all members of the BOC. In
transformation initiatives utilizing Generative AI the event that a Non-Independent Commissioner is
to support Bank productivity, and strengthening unable to attend a meeting physically, participation
systems for cyber security protection and resilience. may be conducted via teleconference or telepresence
6. Reviewing the Bank’s newly formulated Purpose, technology.
Vision, and Mission. 5. Proposals to convene a meeting may originate from
7. Providing input on operational risk incident reports the President Commissioner, more than 2 (two)
that require escalation to the BOC. members of the BOC, a meeting of the BOD, or upon a
8. Providing input on the business strategies of CIMB written request from one or more shareholders who
Niaga Finance (CNAF) and CIMB Niaga Sekuritas jointly hold at least 1/10 (one-tenth) of the total issued
(CNS), as the Bank’s subsidiaries. shares with valid voting rights, in accordance with the
9. Providing input and recommendations regarding Articles of Association and applicable regulations.
preparations for the spin-off. 6. Each member of the Board of Commissioners is
10. Periodically discussing macroeconomic and required to attend at least 75% (seventy-five percent)
industry conditions, as well as newly issued banking of Board of Commissioners meetings in a year.
regulations, including their impact on the Bank’s 7. The minutes of meetings must record the attendance
business and the corresponding follow-up actions. of each member of the BOC, whether physically
11. Providing recommendations to the BOD through present or participating via teleconference/
Committees under the BOC, as disclosed in the telepresence. Attendance through teleconference/
Reports on the Implementation of Duties of the Audit telepresence must be accompanied by audio and/or
Committee, Risk Oversight Committee, Nomination visual recordings of the meeting.
and Remuneration Committee, and IGC in the 8. Meetings may be attended by the Corporate Secretary
Corporate Governance Report chapter of this Annual or other parties appointed by the BOC, and may also
Report. be attended by other invited parties, both internal
12. In accordance with the Bank’s Articles of Association, and external to the Bank.
approving proposals for actions relating to 9. Invitations and meeting materials for BOC meetings
substandard loans, loan restructuring, and loan must be delivered to meeting participants no later
write-offs exceeding certain limits as stipulated in than 5 (five) working days prior to the meeting. In
Bank policies. In addition, the BOC approved credit the event that a meeting is convened outside the
facilities to related parties of the Bank, in compliance predetermined schedule, meeting materials must be
with applicable regulatory provisions. delivered to participants no later than prior to the
meeting.
POLICY AND IMPLEMENTATION OF MEETING 10. Meeting invitations must be signed by the President
FREQUENCY Commissioner, another member of the BOC, or the
Corporate Secretary, and must specify the date, time,
PROVISIONS FOR BOARD OF COMMISSIONERS venue, and agenda of the meeting.
MEETINGS, JOINT MEETINGS OF THE BOARD OF 11. A member of the BOC may only be represented by
COMMISSIONERS WITH THE BOARD OF DIRECTORS another member of the Board of Commissioners at a
AND/OR THE SHARIA SUPERVISORY BOARD meeting based on a special power of attorney issued
1. The BOC shall prepare the schedule for meetings of specifically for that meeting, provided that:
the BOC and meetings of the BOC with the BOD and/ a. The physical absence of the concerned member
or the SSB for the following financial year prior to the may be counted toward the physical attendance
end of the current financial year, and such schedule frequency; and
shall be uploaded to the Bank’s website. b. The physical absence does not eliminate the right
2. Meetings of the BOC must be held regularly at least to vote in decision-making in accordance with the
once every 2 (two) months, or at any time if deemed granted power of attorney, and such voting rights
necessary. Meetings of the BOC inviting the BOD shall be counted toward the meeting quorum.
(BOC–BOD Meetings) must be held at least once
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12. Meetings must be conducted within the territory of 24. If there are dissenting opinions that occure in the
Indonesia. However, if a meeting is held outside the meeting must be stated clearly in the minutes of
territory of Indonesia, the resolutions of the meeting meeting, along with the reasons for the dissenting
shall be deemed valid if attended by all members opinions.
of the BOC or their duly authorized representatives 25. The BOC may also take legal and binding resolutions
under special powers of attorney. without convening a meeting, provided that all
13. A meeting shall be valid and authorized to adopt members of the BOC approve and sign the proposed
binding resolutions if attended or represented by resolution. Resolutions adopted in this manner shall
at least 2/3 (two-thirds) of the total members of the have the same legal force as resolutions validly
BOC. adopted at a meeting of the BOC.
14. Meeting resolutions shall be adopted based on 26. In the event that the minutes of meetings are
deliberation to reach consensus. In the event that prepared in bilingual form and there is any difference
consensus cannot be achieved, resolutions shall be in interpretation, the Indonesian language version
adopted through voting, requiring affirmative votes shall prevail.
of more than 2/3 (two-thirds) of the members of the 27. The minutes of meetings constitute valid legal
BOC present. evidence for members of the BOC and third parties
15. Voting shall generally be conducted orally; however, regarding the resolutions adopted at the meeting.
under certain conditions and upon mutual agreement,
voting may be conducted by secret ballot. In line with the implementation of the new working
16. A member of the BOC who is present at a meeting approach, HyWork (Hybrid Working, Happy Working),
but is not in the meeting room at the time of decision- which has been in place since 2021, meetings of the BOC
making for any reason shall be deemed to have cast a and meetings of the BOC with the BOD and/or the SSB
blank vote. in 2025 were conducted in 3 (three) formats, namely
17. Each member of the BOC present is entitled to 1 (one) physical, virtual, and hybrid (physical and virtual). This
vote and an additional 1 (one) vote for each other flexibility in meeting formats is intended to ensure
member of the BOC whom he or she represents. the effectiveness of decision-making and the smooth
18. Any member of the BOC who is unable to attend a execution of the BOC’s oversight function.
meeting must inform the President Commissioner of
the reason for his or her absence. Information regarding the schedule of meetings of the
19. Meetings shall be chaired by the President BOC and meetings of the BOC with the BOD and/or the
Commissioner. In the event that the President SSB throughout 2025 was prepared and uploaded to the
Commissioner is unable to attend or is otherwise Bank’s website at the end of 2024.
indisposed, without the need for such circumstance
to be proven to any third party, the meeting shall be BOARD OF COMMISSIONERS MEETING
chaired by a member of the BOC present and elected AGENDA IN 2025
by the Meeting. Meetings of the BOC regularly discuss a number of
20. Minutes of meetings shall be prepared by the standing agenda items each year, which include:
Corporate Secretary or another party appointed by 1. Confirmation to obtain approval of the Minutes of the
the BOC and are properly documented. previous BOC Meeting;
21. If a meeting is conducted via teleconference 2. Reports on follow-up actions arising from the minutes
technology, it must be followed by the preparation of of the previous BOC Meeting and discussion of any
meeting minutes signed by all members of the BOC unresolved issues from prior BOC Meeting;
present. 3. Summary Credit Proposals approved by BOC Sub
22. Minutes of meetings of the BOC must be signed by Committee from the previous month;
all members of the BOC present and distributed to all 4. Financial Performance Report; and
members of the BOC. 5. Reports from Committees at the BOC, namely the
23. In the event that any member of the BOC does not Audit Committee, Risk Monitoring Committee,
sign the minutes of the meeting, such member must Nomination and Remuneration Committee, and
provide a written explanation in a separate letter to Integrated Governance Committee.
be attached to the meeting minutes.
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Furthermore, the Board of Commissioners meeting also discussed other agendas in addition to the regular agenda
mentioned above, including the following:
No. Date Meeting Agenda Participant
1 5 March 2025 1. Financial Benchmarking Update for Q4 2024 1. Didi Syafruddin Yahya
2. Dividend Payment 2. Glenn M. S. Yusuf
3. Sri Widowati
4. Vera Handajani
5. Farina J. Situmorang
6. Dody Budi Waluyo
7. Novan Amirudin
2 24 March 2025 1. Update on Financial Conglomeration & Financial Holding 1. Didi Syafruddin Yahya
Company 2. Glenn M. S. Yusuf
2. CIMB Niaga Sharia (Spin-Off & New Growth Engine) 3. Sri Widowati
4. Vera Handajani
5. Farina J. Situmorang
6. Dody Budi Waluyo
7. Novan Amirudin
3 28 May 2025 1. Financial Benchmarking Update for Q1 2025 1. Didi Syafruddin Yahya
2. Risk Event Escalation 2. Glenn M. S. Yusuf
3. Update on Gen AI 3. Sri Widowati
4. Farina J. Situmorang
5. Dody Budi Waluyo
6. Novan Amirudin
4 26 June 2025 1. Bank Business Plan 2025 Revision (for approval) 1. Didi Syafruddin Yahya
2. Spin-Off Update: Customer and Communication Plan 2. Glenn M. S. Yusuf
3. Sri Widowati
4. Vera Handajani
5. Farina J. Situmorang
6. Dody Budi Waluyo
7. Novan Amirudin
5 29 August 2025 1. 1H 2025 Peer Analysis 1. Didi Syafruddin Yahya
2. CNS Business and Operational Risk Update 2. Glenn M. S. Yusuf
3. Sri Widowati
4. Vera Handajani
5. Farina J. Situmorang
6. Dody Budi Waluyo
7. Novan Amirudin
6 25 September 2025 1. F30 Sharia Strategy 1. Didi Syafruddin Yahya
2. Leveraging Digitalization to Increase Productivity Leveraging 2. Glenn M. S. Yusuf
Digitalization to Improve Productivity and Reduce Cost-to-Serve 3. Sri Widowati
3. Other: BOC and Committees Schedule and BOC Work Plan 2026 4. Vera Handajani
5. Farina J. Situmorang
6. Dody Budi Waluyo
7. Novan Amirudin
7 25 November 2025 1. Economic Outlook 1. Didi Syafruddin Yahya
2. Consumer Banking 2026 Strategy Towards F30 2. Glenn M. S. Yusuf
3. Sustainable Finance Action Plan (SFAP) – 2025 Realization and 3. Sri Widowati
2026 Target 4. Vera Handajani
5. Farina J. Situmorang
6. Dody Budi Waluyo
7. Novan Amirudin
8 15 December 2025 1. 2026 Budget 1. Didi Syafruddin Yahya
2. Other: Concurrent Positions of BOC Members 2. Glenn M. S. Yusuf
3. Sri Widowati
4. Vera Handajani
5. Farina J. Situmorang
6. Dody Budi Waluyo
7. Novan Amirudin
AGENDA OF JOINT MEETINGS OF THE BOARD OF COMMISSIONERS AND THE BOARD OF DIRECTORS IN 2025
No Date Commissioners in Attendance Directors in Attendance Agenda
1 6 February 2025 1. Didi Syafruddin Yahya 1. Lani Darmawan 1. 2H 2024 Business Plan Realization and
2. Glenn M. S. Yusuf 2. John Simon Supervisory Report
3. Sri Widowati 3. Pandji P. 2. AGMS 2025
4. Vera Handajani Djajanegara 3. Spin-off Update (Approval on Spin-off
5. Farina J. Situmorang 4. Fransiska Oei Principal License Document)
6. Dody Budi Waluyo 5. Tjioe Mei Tjuen** 4. Apollo Project
6. Henky Sulistyo 5. Other: Report on Board of Directors’
7. Joni Raini Positions in Non-Profit Organizations as of
8. Noviady Wahyudi December 2024
444 PT BANK CIMB NIAGA TBK 2025 Annual Report
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No Date Commissioners in Attendance Directors in Attendance Agenda
2 25 April 2025 1. Didi Syafruddin Yahya 1. Lani Darmawan 1. EGMS for Spin-off
2. Glenn M. S. Yusuf 2. Lee Kai Kwong 2. Spin-off Update
3. Sri Widowati 3. John Simon 3. Pearl Project
4. Vera Handajani 4. Pandji P.
5. Farina J. Situmorang Djajanegara
6. Dody Budi Waluyo 5. Fransiska Oei
7. Novan Amirudin* 6. Henky Sulistyo
7. Joni Raini
8. Rusly Johannes
9. Noviady Wahyudi
10. Rico Usthavia Frans***
3 28 July 2025 1. Didi Syafruddin Yahya 1. Lani Darmawan 1. 1H 2025 Business Plan Realization &
2. Glenn M. S. Yusuf 2. Lee Kai Kwong Supervisory Report
3. Sri Widowati 3. John Simon 2. F30 Update (Pillar 1 and Pillar 2)
4. Vera Handajani 4. Pandji P. 3. Other: Report on Board of Directors’
5. Farina J. Situmorang Djajanegara Positions in Non-Profit Organizations as of
6. Dody Budi Waluyo 5. Fransiska Oei June 2025
7. Novan Amirudin* 6. Henky Sulistyo
7. Joni Raini
8. Noviady Wahyudi
9. Rico Usthavia Frans***
4 31 October 2025 1. Didi Syafruddin Yahya 1. Lani Darmawan 1. Bank Business Plan 2026
2. Glenn M. S. Yusuf 2. Lee Kai Kwong 2. CIMB Niaga Recovery & Resolution Plan
3. Sri Widowati 3. Pandji P. 2026
4. Vera Handajani Djajanegara 3. Transforming CIMB Niaga with Gen-AI
5. Farina J. Situmorang 4. Joni Raini 4. Purpose, Vision & Mission of CIMB Niaga
6. Dody Budi Waluyo 5. Rusly Johannes 5. CNAF Business Strategy
7. Novan Amirudin* 6. Noviady Wahyudi
7. Rico Usthavia Frans***
*
Appointed on EGMS on 25 October 2024 and effective on 26 February 2025.
**
Resigned as Director effective as of the closing of the AGMS on 14 April 2025.
***
Appointed on AGMS 14 April 2025 and effective on 24 July 2025.
AGENDA FOR JOINT MEETING OF THE SHARIA SUPERVISORY BOARD MEETING WITH THE BOARD OF
COMMISSIONERS IN 2025
No Date Commissioners in Attendance SSB in Attendance Agenda
1 6 February 2025 1. Didi Syafruddin Yahya 1. M. Quraish Shihab 1. Confirmation of the Minutes of Sharia
2. Glenn M. S. Yusuf 2. Fathurrahman Djamil Supervisory Board (SSB) Meeting with
3. Sri Widowati 3. Yulizar D. Sanrego Board of Commissioners (BOC) on 29
4. Vera Handajani November 2024
5. Farina J. Situmorang 2. Matters Arising from SSB Meeting with
6. Dody Budi Waluyo BOC on 29 November 2024
3. Highlights of SEOJK No, 15/
SEOJK.03/2024 concerning the
Implementation of Sharia Governance
for Sharia Commercial Banks and Sharia
Business Units
2 26 June 2025 1. Didi Syafruddin Yahya 1. M. Quraish Shihab 1. Confirmation of the Minutes of Sharia
2. Glenn M. S. Yusuf 2. Fathurrahman Djamil Supervisory Board (SSB) Meeting with
3. Sri Widowati 3. Yulizar D. Sanrego Board of Commissioners (BOC) on 6
4. Vera Handajani February 2025
5. Farina J. Situmorang 2. Matters Arising from SSB Meeting with
6. Dody Budi Waluyo BOC on 6 February 2025
7. Novan Amirudin* 3. Sharia Supervisory Board Supervision
Results – Sharia Review for 1H 2025
3 31 October 2025 1. Didi Syafruddin Yahya 1. M. Quraish Shihab 1. Confirmation of the Minutes of Sharia
2. Glenn M. S. Yusuf 2. Yulizar D. Sanrego Supervisory Board (SSB) Meeting with
3. Sri Widowati Board of Directors (BOD) on 26 June 2025
4. Vera Handajani 2. Matters Arising from SSB Meeting with
5. Farina J. Situmorang BOD on 26 June 2025
6. Dody Budi Waluyo 3. Sharia Financial Literacy 2H-2025
7. Novan Amirudin* 4. Sharia Banking Meeting (SBM) February
– September 2025
*
Appointed on EGMS on 25 October 2024 and effective on 26 February 2025.
MEETING FREQUENCY AND ATTENDANCE LEVEL OF THE BOARD OF COMMISSIONERS IN 2025
Joint Meetings of SSB and
BOC Meetings Joint Meetings of BOC and BOD GMS
BOC
No Name
Average Attendance Attendance Average Attendance Attendance Average Attendance Attendance Average
Attendance Attendance Attendance Attendance Frequency Attendance Frequency Attendance
Frequency Rate Frequency Rate Rate Rate
Rate Rate Rate Rate
1 Didi 8/8 100% 4/4 100% 3/3 100% 2/2 100%
Syafruddin
Yahya 98% 100% 100%
100%
2 Glenn M. S. 8/8 100% 4/4 100% 3/3 100% 2/2 100%
Yusuf
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Joint Meetings of SSB and
BOC Meetings Joint Meetings of BOC and BOD GMS
BOC
No Name
Average Attendance Attendance Average Attendance Attendance Average Attendance Attendance Average
Attendance Attendance Attendance Attendance Frequency Attendance Frequency Attendance
Frequency Rate Frequency Rate Rate Rate
Rate Rate Rate Rate
3 Sri Widowati 8/8 100% 4/4 100% 3/3 100% 2/2 100%
4 Vera 7/8 88% 4/4 100% 3/3 100% 2/2 100%
Handajani
5 Farina J. 8/8 100% 4/4 100% 3/3 100% 2/2 100%
Situmorang 98% 100% 100% 100%
6 Dody Budi 8/8 100% 4/4 100% 3/3 100% 2/2 100%
Waluyo
7 Novan 8/8 100% 3/3 100% 2/2 100% 2/2 100%
Amirudin*
*
Appointed at the EGMS on 25 October 2024 and effective 26 February 2025.
BOARD OF COMMISSIONERS COMPETENCY orientation program is conducted through the provision
DEVELOPMENT PROGRAM of documents prepared by the Corporate Secretary unit,
In order to support the effectiveness of oversight over the including but not limited to:
Bank’s management, the BOC requires comprehensive 1. The Bank’s Vision and Mission;
knowledge, skills, and understanding of business, legal, 2. The Bank’s Code of Ethics and Code of Conduct;
and regulatory matters. CIMB Niaga provides various 3. The Bank’s Organizational Structure;
training and competency development programs for 4. The Bank’s Articles of Association;
members of the BOC, aligned with industry dynamics and 5. Corporate Policy Manual;
continuously evolving governance practices, as stipulated 6. The Charter of the BOC and Committee’s at the BOC;
in the BOC Charter and the Learning, Development, and 7. Applicable Banking and Capital Market Regulations;
Orientation Program Policy for the BOD and BOC No. 8. The Bank’s Annual Report; and
A.04.8. 9. The Bank’s Business Plan.
TRAINING AND COMPETENCY DEVELOPMENT In addition, CIMB Niaga has developed orientation
PROGRAMS OF THE BOARD OF COMMISSIONERS materials through the Bank’s digital learning platform,
Details of the training programs attended by each namely the Learning on the Go (LoG) application. This
Commissioner during 2025 are disclosed in the Company application aims to enhance the quality and effectiveness
Profile chapter of this Annual Report. of the orientation program and can be accessed by
prospective members of the BOC anytime and anywhere.
RISK MANAGEMENT CERTIFICATION
All members of the BOC serving as of 31 December In 2025, the orientation program was conducted for the
2025 have obtained Risk Management Certification newly appointed member of the BOC, Novan Amirudin.
and/or participated in Risk Management Refreshment
programs, as disclosed in the Company Profile chapter PERFORMANCE ASSESSMENT OF COMMITTEES
of this Annual Report. Compliance with such certification AT THE BOARD OF COMMISSIONERS LEVEL
and refreshment programs is in line with POJK No. 24 of
2022 on the Development of Human Resource Quality PERFORMANCE ASSESSMENT POLICY AND
for Commercial Banks and OJK Circular Letter No. 28/ PROCEDURE OF COMMITTEES AT THE BOARD OF
SEOJK.03/2022 regarding Risk Management Certification COMMISSIONERS LEVEL
for Commercial Bank Human Resources. The Bank conducts performance evaluations of each
Committee under the BOC on an annual basis (at least
INDUCTION PROGRAM FOR NEW COMMISSIONERS once a year), which include:
CIMB Niaga has established and implemented an 1. Collegial performance evaluation of Committees
orientation (Induction Program) for newly appointed under the BOC;
members of the BOC. This program is designed to provide 2. Individual performance evaluation of Committee
a comprehensive understanding of the Bank’s business members under the BOC; and
activities, strategic direction, governance framework, 3. Performance evaluation of the Chairperson of each
and working guidelines that serve as the foundation for Committee under the BOC.
the execution of the BOC duties. Through this program,
newly appointed Commissioners are expected to In addition, the Bank conducts performance evaluations
perform their oversight role effectively and collaborate of Committees under the BOC facilitated by an
in alignment with other Bank Governance organs. The independent third party every 3 (three) years.
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At the end of 2025, the Bank carried out a performance b. Effectiveness of Committee Meetings
evaluation of Committees under the BOC with the c. Effectiveness in the Execution of Committee
assistance of an independent third party. The evaluation Duties and Responsibilities
was conducted through an online survey distributed 2. Individual Performance Evaluation of Committee
to each Committee member. The process and results Members under the BOC
of the evaluation were conducted in a confidential, a. Competence and Capability of Committee Members
anonymous, and independent manner. The results are b. Effectiveness in the Execution of Duties and
expected to provide constructive input for enhancing the Responsibilities of Committee Members
performance of Committees under the BOC in the future. 3. Performance Evaluation of the Chairman of
Committees under the BOC
PERFORMANCE ASSESSMENT CRITERIA OF a. Effectiveness in the Execution of Duties and
COMMITTEES AT THE BOARD OF COMMISSIONERS Responsibilities
LEVEL b. Leadership within the Committee
The performance evaluation criteria for Committees
under the BOC are as follows: PARTIES CONDUCTING THE PERFORMANCE
1. Collegial Performance Evaluation of Committees EVALUATION OF BOARD OF COMMISSIONERS
under the BOC COMMITTEES
a. Structure and Composition of the Committee The parties responsible for conducting the performance
evaluation of Committees under the BOC are as follows:
No. Performance Assessment The assessment is conducted by
1 Committee Collegial Assessment Each member of the Committee provide assessment of the performance of the Committee.
2 Individual Committee Members Each member of the Committee provide assessment to each other member of the Committee.
3 Committee Chairman Each member of the Committee provide an assessment of the performance of the
respective Chairman of the Committee.
The results of the performance assessment are submitted to the Nomination and Remuneration Committee for further
review. Subsequently, the Nomination and Remuneration Committee presents and discusses the overall outcomes of
the Committee’s performance evaluation at the BOC level during a BOC Meeting. The findings and feedback arising from
these discussions serve as the basis for formulating improvement and developing follow-up action plans, if deemed
necessary
PERFORMANCE ASSESSMENT RESULT FOR COMMITTEES AT THE BOARD OF COMMISSIONERS LEVEL IN 2025
The collegial performance assessment of the Committees:
Audit Committee Risk Oversight Committee Nomination and Remuneration Committee Integrated Governance Committee
4.8 4.9 4.9 4.5
The Average assessment results for individual Committee member:
Audit Committee Risk Oversight Committee Nomination and Remuneration Committee Integrated Governance Committee
4.9 4.7 4.9 4.4
The performance assessment results for the Committee Chair at the Board of Commissioners level:
Audit Committee Risk Oversight Committee Nomination and Remuneration Committee Integrated Governance Committee
5.0 4.8 5.0 4.6
Value range table:
Value Range Description
≥ 4.7 Exceptional
4.0-4.6 Outstanding
3.7-3.9 Exceed Expectation
3.0-3.6 Meet Expectation
< 3.0 Need Improvement
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Highlights Reports Profile Discussion & Analysis Management
Independent Commissioner
Independent Commissioners are members of the BOC NUMBER AND COMPOSITION OF
who have no financial, managerial, shareholding, and/ INDEPENDENT COMMISSIONERS
or familial relationships with other members of the All Independent Commissioner members of CIMB Niaga
BOC, members of the SSB, members of the BOD, and/ have passed the Fit and Proper Test and obtained OJK
or controlling shareholders or with the Bank itself, approval as Independent Commissioners, and were
which could impair objectivity in performing supervisory appointed based on the approval of the General Meeting
functions in accordance with the GCG principles. In of Shareholders (GMS). The Bank currently has 4 (four)
fulfilling their role, the Independent Commissioner is Independent Commissioners out of a total of 7 (seven)
responsible for ensuring the effectiveness of oversight members of the Board of Commissioners, representing
and prioritizing the interests of shareholders, including over 50% (fifty percent).
minority shareholders.
The number of CIMB Niaga’s Independent Commissioners
All Independent Commissioners of CIMB Niaga have complies with POJK No. 17 of 2023 regarding the
fulfilled the requirements stipulated in OJK Circular Implementation of Governance for Commercial Banks
Letter (SEOJK) No. 14/SEOJK.03/2025 regarding the and the ASEAN Corporate Governance Scorecard criteria,
Implementation of Governance for Commercial Banks, as which mandate a minimum composition of 50% (fifty
well as OJK Regulation (POJK) No. 17 of 2023 regarding the percent) Independent Commissioners of the total BOC
Implementation of Governance for Commercial Banks. membership, 2 (two) of whom are female.
The members of the Bank’s Independent Commissioners are:
Name Term of Office
Glenn M. S. Yusuf* Appointed as Vice President Commissioner (Independent) based on the AGMS Resolutions on 9 April 2020 and
effectively on 16 September 2020. The most recently appointment was based on the AGMS Resolutions on 3 April 2024.
Sri Widowati Appointed as Independent Commissioner based on the AGMS Resolutions on 15 April 2019 and effectively on 20
November 2019. The most recently appointment was based on the AGMS Resolutions on 10 April 2023.
Farina J. Situmorang Appointed as Independent Commissioner based on the AGMS Resolutions on 10 April 2023 and effectively on
25 January 2024.
Dody Budi Waluyo Appointed as Independent Commissioner based on the AGMS Resolutions on 3 April 2024 and effectively on 21
August 2024.
* Appointed as Senior Independent Commissioner of the Bank through Circular Resolution of the BOC of CIMB Niaga No. 011/DEKOM/KP/V/2024 dated 6 May 2024
INDEPENDENT COMMISSIONER CRITERIA
The BOC Charter as well as the Policy on the Nomination of the Members of the BOD, the SSB, the BOD, and Independent
Parties as the members of Committees Reporting to the BOC comprehensively regulate various governance aspects,
including the criteria for Independent Commissioners.
The Independent Commissioner criteria are established with reference to prevailing laws and regulations, including:
1. Not an individual who had been employed or had the authority and responsibility to plan, lead, control, or supervise
the Bank’s activities, including former members of the BOD or Executive Officers of the Bank or parties related to the
Bank, which could influence their ability to act independently within the last 1 (one) year, except for reappointment
as an Independent Commissioner of the Bank for the subsequent period.
2. A cooling-off period for the Bank’s former President Director and members of the BOD or Executive Officers
performing supervisory functions at the Bank is a minimum of 6 (six) months before they can be appointed as an
Independent Commissioner, with a minimum tenure of 1 (one) year in said position prior to ceasing work before
becoming an Independent Commissioner at the Bank.
3. Has no financial, managerial, shareholding, or familial relationships up to the second degree with other members of
the BOC, the SSB, the BOD, and/or the Controlling Shareholder(s) of the Bank.
4. Holds no shares, either directly or indirectly, in the Bank.
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5. Has no affiliation with the Bank, other members of 10. An Independent Commissioner serving as a
the BOC, members of the SSB, members of the BOD, Committee Chairman may hold concurrent position
or the Controlling Shareholder(s) of the Bank. as Chairman of a Committee on no more than 1 (one)
6. Has no business relationship, either directly or other Committee.
indirectly, related to the Bank’s business activities.
7. Comply with others requirement for Independent INDEPENDENCE STATEMENT OF THE
Commissioners as per prevailing regulations. RESPECTIVE INDEPENDENT COMMISSIONER
8. The term of office for an Independent Commissioner is 2 In line with the provisions of Article 25 paragraph (1)
(two) consecutive terms, or a maximum of 9 (nine) years. of POJK No. 33/POJK.04/2014 regarding the Board of
9. In the event that an Independent Commissioner is Directors and Board of Commissioners of Issuers or
serving on the Audit Committee, the said Independent Public Companies, the independence statement of each
Commissioner may only be reappointed for 1 (one) of the Bank’s Independent Commissioners is as follows:
subsequent term of the Audit Committee.
FULFILLMENT OF INDEPENDENCE ASPECTS
Glenn M. S. Farina J. Dody Budi
Independent Commissioner Criteria Sri Widowati
Yusuf Situmorang Waluyo
Not an individual who had been employed or had the authority and √ √ √ √
responsibility to plan, lead, control, or supervise the Bank’s activities within
the last 1 (one) year
Has no direct or indirect shareholding in the Bank. √ √ √ √
Has no affiliation with the Bank, other members of the BOC, members of the √ √ √ √
SSB, members of the BOD, or the Controlling Shareholder(s) of the Bank.
Has no financial, managerial, shareholding, or familial relationships up to the √ √ √ √
second degree with other members of the BOC, the SSB, the BOD and/or the
Controlling Shareholder(s) of the Bank.
Having no business relationship, either directly or indirectly, related to the √ √ √ √
Bank’s business activities.
As of 31 December 2025, CIMB Niaga does not have any Independent Commissioners of CIMB Niaga who have served
more than two consecutive terms of office.
SENIOR INDEPENDENT COMMISSIONER
The President Commissioner of the Bank is not an Independent Commissioner. Pertaining to the implementation of the
ASEAN Corporate Governance Scorecard principles, the Bank’s BOC has appointed a Senior Independent Commissioner.
Based on the Circular Resolution of the BOC of CIMB Niaga No. 011/DEKOM/KP/V/2024 dated 6 May 2024, Glenn M.
S. Yusuf has been appointed as the Bank’s Senior Independent Commissioner. The duties and responsibilities of the
Senior Independent Commissioner are as presented in the BOC Chapter of this Annual Report.
Board of Directors
The Board of Directors (BOD) is a governing organ of the The BOD of CIMB Niaga is firmly committed to upholding
Bank with collective responsibility for the management the principles of professionalism, objectivity, and
of CIMB Niaga, and is authorized to represent the Bank strategic thinking, while consistently prioritizing the best
both in and out of court in accordance with the provisions interests of the Bank. This commitment serves as the
of the Articles of Association. Each member of the BOD foundation for the BOD’s efforts to create sustainable
performs his or her duties based on an established value for stakeholders and to safeguard the Bank’s long-
allocation of roles, responsibilities, and authorities, with term business continuity.
the objective of ensuring effective management and
achieving optimal performance outcomes.
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LEGAL BASIS Office; Resignation; Dismissal or Replacement; as well as
1. The Laws of the Republic of Indonesia concerning Performance Evaluation and Accountability.
Limited Liability Companies and Banking.
2. The Bank’s Articles of Association. STRUCTURE, NUMBER, AND MEMBERSHIP
3. OJK Regulations, BI Regulations, OJK Circular Letters, COMPOSITION OF THE BOARD OF DIRECTORS
and BI Circular Letters on the implementation and IN 2025
the organs of corporate governance. The number of members of the BOD of CIMB Niaga has been
4. Deed of Statement of Resolution of the Extraordinary determined in accordance with the Bank’s organizational
General Meeting of Shareholders (EGMS) No. 5 dated needs to achieve its purposes and objectives, taking into
29 July 2025, which has been duly notified to the account the Bank’s characteristics, capacity, and scale of
Ministry of Law and Human Rights of the Republic of business, while also reflecting diversity in its composition.
Indonesia through the Acknowledgement of Receipt The structure, size, and composition of the BOD are
of Notification of Changes to Company Data No. AHU- designed to ensure the effectiveness of decision-making
AH.01.09-0319677 dated 1 August 2025. processes and full compliance with prevailing regulations,
as stipulated in the BOD Charter, including the following:
CHARTER OF THE BOARD OF DIRECTORS 1. The BOD of CIMB Niaga consists of 10 (ten) members,
The BOD carries out its duties and responsibilities in comprising 1 (one) President Director, 1 (one) Director
accordance with the BOD Charter, which serves as the who concurrently serves as Compliance Director, and
primary reference to ensure the effective and consistent 8 (eight) other Directors.
implementation of sound corporate governance 2. The number of members of the BOD exceeds the
practices. The Charter is periodically reviewed and number of members of the BOC of CIMB Niaga.
updated to remain aligned with prevailing laws and 3. All members of the BOD are domiciled in Jakarta,
regulations in Indonesia, as well as with the evolution of Indonesia.
best practices in corporate governance. The BOD Charter 4. The majority of the members of the BOD are Indonesian
is binding on each member of the Board, enabling the citizens, namely 9 (nine) out of 10 (ten) Directors.
effective, efficient, transparent, independent, and 5. The BOD is led by a President Director who is
accountable execution of governance functions. independent from the Controlling Shareholder, other
members of the BOD, and members of the BOC of
The preparation of the BOD Charter is based on, among CIMB Niaga.
others, Law of the Republic of Indonesia No. 40 of 2007 6. The majority of the members of the BOD are required
regarding Limited Liability Companies; regulations to have at least 5 (five) years of experience in banking
and circular letters issued by the OJK relating to the operations (including but not limited to lending,
implementation of and governance organs for corporate funding, treasury, risk management, finance, and
governance; the Bank’s Articles of Association; the Indonesian other relevant areas) at the executive officer level,
General Guidelines on Good Corporate Governance issued and do not hold concurrent positions at other banks,
by the National Committee on Governance Policy (KNKG); companies, or institutions.
and the ASEAN Corporate Governance Scorecard. The BOD 7. The replacement and/or appointment of members
Charter was last updated on 6 December 2024 and has of the BOD of CIMB Niaga has considered the
been published on the Bank’s website. recommendations of the Nomination and
Remuneration Committee and has received approval
The BOD Charter governs, among others, matters relating from the GMS and OJK.
to Accountability; Structure and Composition; Qualifications 8. All members of the BOD of CIMB Niaga do not have
and Appointment; Duties, Responsibilities, and Authorities; any family relationships up to the second degree with
Delegation of Authority and Board Decision-Making other members of the BOD and/or the BOC, or with
Procedures; Conflict of Interest; Transparency; Ethics, the Controlling Shareholder.
Working Time, and Prohibitions; Working Relationship 9. All members of the BOD of CIMB Niaga have passed
between the BOD, the Board of Commissioners (BOC), the Fit and Proper Test.
and the Sharia Supervisory Board (SSB); Meetings; Term of
COMPOSITION OF THE BOARD OF DIRECTORS IN 2025
Name Position Term of Office
Lani Darmawan President Director 2025 - 2028
John Simon Treasury & Capital Markets Director 2025 - 2028
Fransiska Oei Compliance, Corporate Affairs & Legal Director 2024 - 2027
Pandji P. Djajanegara Sharia Banking Director 2024 - 2027
Lee Kai Kwong Strategy & Finance Director 2025 - 2028
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Name Position Term of Office
Rusly Johannes Business Banking Director 2025 - 2028
Joni Raini Human Resources Director 2025 - 2028
Henky Sulistyo Risk Management Director 2025 - 2028
Noviady Wahyudi Consumer Banking Director 2025 - 2028
Rico Usthavia Frans Operations, Technology, Analytics & AI Director 2025 - 2028
TERM OF OFFICE OF THE BOARD OF DIRECTORS b. resigns in accordance with applicable regulations;
1. The term of office of a member of the BOD shall c. no longer meets the requirements under
commence from the date stipulated by the GMS that prevailing laws and regulations;
appoints him or her and shall expire at the closing of d. passes away; and
the 3rd (third) Annual General Meeting of Shareholders e. is dismissed based on a resolution of the GMS.
(AGMS) following the date of appointment, without 6. Member of the BOD whose term of office has expired
prejudice to the right of the GMS to dismiss such may be reappointed, subject to compliance with
member at any time in accordance with the Articles prevailing regulations.
of Association and prevailing regulations.
2. In the event that members of the BOD’s position FIT AND PROPER TEST
becomes vacant, reducing the number of members to Each prospective member of the BOD is required to obtain
less than 3 (three) peoples, the Bank must hold a GMS approval from the OJK prior to assuming his or her duties,
within 60 (sixty) calendar days to fill the vacancies. functions, and authorities as a member of the BOD. This
3. A member of the BOD may be temporarily dismissed requirement is in line with the implementation of OJK
by the BOC, by stating the reasons for the dismissal. Regulation (POJK) No. 27/POJK.03/2016 regarding the Fit
4. The temporary suspension must be notified in writing and Proper Test for Main Parties of Financial Services
to the relevant member of the BOD and followed up Institutions. Members of the BOD who have successfully
in accordance with prevailing regulations. passed the Fit and Proper Test without any remarks and
5. The term of office of a member of the BOD shall end have obtained approval from the OJK demonstrate that
if he or she: each Director possesses adequate integrity, competence,
a. completes his or her term of office in accordance and financial reputation, as reflected in the table below.
with the provisions of the Articles of Association;
No Name Position Regulator Basis of Appointment BI/OJK Approval Effective Date Reappointment
1 Lani President OJK EGMS No. SR-45/PB.12/2022 9 March 2022 AGMS
Darmawan Director 17 December 2021 dated 9 March 2022 14 April 2025
2 John Simon Treasury OJK AGMS No. SR-143/D.03/2014 29 August 2014 AGMS
& Capital 27 March 2014 dated 29 August 2014 24 April 2018;
Markets AGMS
Director 8 April 2022 and
AGMS
14 April 2025
3 Fransiska Oei Compliance, OJK AGMS No. SR-138/D.03/2016 27 July 2016 AGMS
Corporate 15 April 2016 dated 27 July 2016 9 April 2020 and
Affairs AGMS
& Legal 3 April 2024
Director
4 Pandji P. Sharia OJK AGMS No. SR-27/PB.13/2016 28 September 2016 AGMS
Djajanegara Banking 15 April 2016 dated 4 October 2016 9 April 2020 and
Director AGMS
3 April 2024
5 Lee Kai Strategy OJK EGMS No. SR-98/PB.12/2019 24 April 2019 AGMS
Kwong & Finance 19 December 2018 dated 24 April 2019 8 April 2022 and
Director AGMS
14 April 2025
6 Rusly Business OJK EGMS No. SR-75/PB.12/2022 22 April 2022 AGMS
Johannes Banking 17 December 2021 dated 22 April 2022 14 April 2025
Director
7 Joni Raini Human OJK EGMS No. SR-45/PB.12/2022 9 March 2022 AGMS
Resources 17 December 2021 dated 9 March 2022 14 April 2025
Director
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No Name Position Regulator Basis of Appointment BI/OJK Approval Effective Date Reappointment
8 Henky Risk OJK EGMS No. SR-45/PB.12/2022 9 March 2022 AGMS
Sulistyo Management 17 December 2021 dated 9 March 2022 14 April 2025
Director
9 Noviady Consumer OJK AGMS No. SR-179/PB.12/2022 16 August 2022 AGMS
Wahyudi Banking 8 April 2022 dated 16 August 14 April 2025
Director 2022
10 Rico Usthavia Operations, OJK AGMS No. SR-272/PB.02/2025 24 July 2025 -
Frans Technology, 14 April 2025 dated 24 July 2025
Analytics &
AI Director
DUTIES, RESPONSIBILITIES, AND 1. LANI DARMAWAN – PRESIDENT DIRECTOR
AUTHORITIES OF THE BOARD OF DIRECTORS a. Responsible for the overall direction, strategy,
The BOD is fully responsible for the management of the and management of the Bank’s organization,
Bank in the best interests of the Bank, in accordance with its ensuring that all aspects of the Bank’s strategy,
purposes and objectives as stipulated under prevailing laws activities, programs, services, and governance are
and regulations, the Articles of Association, and resolutions implemented in the best interests of shareholders,
of the GMS. In carrying out its mandate, the bod ensures customers, employees, and wider community.
the consistent implementation of the principles of GCG b. Provides direction and guidance on policies
across all business activities of CIMB Niaga at every level of in relation to operational and banking service
the organization, while maintaining compliance with Sharia support functions, information technology,
Principles. The BOD performs its duties, responsibilities, systems and procedures, legal matters, financial,
and authorities on a collegial basis in managing and and human resources.
administering the Bank in accordance with the Articles of c. Ensures the effective implementation of the
Association and applicable laws and regulations. Detailed compliance function across all banking operations
information regarding the duties, responsibilities, and and the comprehensive execution of the Bank’s
authorities of the BOD is set out in the Bank’s Articles of risk management policies, so that the Bank
Association and the BOD Charter, both of which have been upholds high ethical standards, complies with
published on CIMB Niaga’s official website. the principles of GCG, and adheres to prudent
banking practices.
The principal duties of the BOD include, but are not d. Provides strategic direction in the management
limited to: (i) leading and managing the Bank in line with and development of human resources to enhance
its objectives, including leading the management team productivity and the quality of the Bank’s human
in the formulation and evaluation of the Bank’s strategy capital in support of achieving the Bank’s business
at least on an annual basis; (ii) controlling, maintaining, objectives, while ensuring and maintaining
and managing the Bank’s assets for the benefit of the compliance with prevailing labor regulations and
Bank; and (iii) establishing an effective internal control the Bank’s culture.
structure at all levels of management and following up e. Determines business strategies and provides
on the findings of internal and external audits, as well strategic direction and guidance for the Emerging
as regulatory recommendations, in accordance with Business Banking (EBB) segment.
policies or directives issued by the BOC. The authorities
of the BOD include, among others, representing the Bank 2. LEE KAI KWONG – STRATEGY & FINANCE DIRECTOR
in and out of court, binding the Bank with other parties, a. Provides strategic direction, guidance, and
and undertaking all actions relating to management and oversight of the overall financial activities of the
ownership, subject to the limitations stipulated in the Bank, particularly in monitoring and evaluating
Bank’s Articles of Association. the performance of the Bank and its subsidiaries,
including budgeting and financial management, in
THE SCOPE OF WORK AND RESPONSIBILITIES OF line with the Bank’s vision and mission.
EACH MEMBER OF THE BOARD OF DIRECTORS b. Manages the Bank’s financial performance, capital,
The allocation of duties and authorities of the BOD is and strategic investments to optimize profitability,
determined through a resolution of the Bank’s BOD. productivity, and Total Shareholders’ Return.
Pursuant to the Circular Resolution of the BOD regarding c. Develops and manages management and
the Allocation of Duties and Authorities of Members of accounting information systems, as well as
the BOD, all members of the BOD unanimously resolved performance of the Bank which reported to
on the principal duties and authorities of each member regulators and communicated to stakeholders.
of the BOD as follows:
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d. Oversees and plans effective financial 5. PANDJI P. DJAJANEGARA – SHARIA BANKING
management and ensures the implementation of DIRECTOR
accounting practices in accordance with prevailing a. Provides innovative strategic direction in the
regulations and standards. implementation of Sharia Banking operations.
e. Ensures that Strategic Procurement & Administrative b. Ensures the availability of policies and operating
Property Management (SPAPM) activities are procedures, as well as the development,
conducted effectively to support the Bank’s marketing, and sales of products, and manages
operations in an efficient and effective manner. Sharia Banking functions, including day-to-day
f. Ensures the implementation of oversight on operations, business development, customer
the members of the CIMB Indonesia Financial relations, and the management of systems and
Conglomeration (where the Bank acts as the work processes.
Holding Company of CIMB Indonesia Financial c. Ensures the achievement of profitability and
Conglomeration) business growth in line with the Bank’s objectives
and Sharia Banking principles.
3. JOHN SIMON – TREASURY &
CAPITAL MARKETS DIRECTOR 6. HENKY SULISTYO – RISK MANAGEMENT DIRECTOR
a. Provides direction, guidance, and strategy in a. Provides strategic direction, guidelines, and risk
the implementation of all Treasury and Capital management policies in line with current business
Markets activities, including trading, market developments, prudential principles, and the
making, and short-term liquidity management Bank’s risk profile, to enable comprehensive,
to achieve targeted growth, profitability, and a accurate, and efficient identification, monitoring,
competitive market position. control, and management of risks.
b. Provides direction, guidance, and strategy in the b. Oversees all aspects of the Bank’s second line
implementation of Asset and Liability Committee of defense in credit risk management and
(ALCO) functions together with other ALCO members, ensures the effective implementation of the
particularly in relation to managing liquidity, funding, Bank’s comprehensive credit risk management
FTP, as well as assets and liabilities, in order to meet framework.
the Bank’s growth and profitability targets. c. Plans, develops, manages, and directs the
c. Maintains strong relationships with financial implementation of credit processes and strategies,
institutions, customers, communities, and policies, credit administration, frameworks, and
government authorities to ensure the credit risk management methodologies on a
sustainability of the Bank’s reputation, proactive comprehensive basis to ensure that credit risk
identification, and swift responses to optimally exposures remain within the Bank’s Risk Appetite.
capture market opportunities. d. Reviews credit proposals and safeguards the
quality of the credit portfolio as a member of
4. FRANSISKA OEI – COMPLIANCE, CORPORATE AFFAIRS & relevant credit committees, while ensuring that
LEGAL DIRECTOR all business activities comply with applicable laws
a. Develops compliance strategies that addresses and regulations, internal policies, and procedures.
issues related to compliance policies and principles. e. Promotes the Bank’s risk management strategy
b. Ensures that all Bank’s internal regulations related to climate change by ensuring strong
(policies, systems, and procedures) are aligned oversight by the BOD, fostering awareness
with applicable external rules and regulations of emerging risks, and effectively integrating
(Bank Indonesia, OJK, and other relevant such risks into internal controls to maintain the
authorities), including Capital Market regulations. Bank’s resilience to climate-related impacts, in
c. Responsible for managing the Bank’s legal risk. accordance with prevailing laws and regulations
d. Provides the public with respect to required as well as internal or Group policies on climate
information, particularly information related risk.
to the Bank’s condition as a public company, f. Ensures the comprehensive implementation of
including safeguarding the Bank’s reputation and the Bank’s anti-fraud management framework in
acting as a liaison or contact person between the accordance with governance standards required
Bank, regulators, and the public. by regulators.
e. Responsible for Corporate Social Responsibility
(CSR) activities and the implementation of
sustainability and sustainable finance initiatives
within the Bank.
f. Oversees the overall handling of Whistleblowing
reports to ensure compliance with applicable
procedures and regulations.
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7. JONI RAINI – HUMAN RESOURCES DIRECTOR b. Optimizes market potential through the
a. Provides strategic direction in the management development of competitive and innovative
and development of human resources in an Consumer Banking products to achieve the Bank’s
appropriate and optimal manner, aligned with profitability targets, while ensuring prudential
the Bank’s vision, mission, and strategy, while principles, comprehensive implementation of the
ensuring compliance with prevailing labor Bank’s risk management policies, and efficient
regulations. and effective banking business processes.
b. Conducts manpower planning and organizational c. Ensures the implementation and execution of
management, as well as controls Human the Bank’s strategies in network expansion and
Resources (HR) expenditure at the directorate innovation in the development of digital and
level in accordance with approved budgets, to branch channels, in order to keep pace with
achieve optimal human capital productivity. market developments, technological demands,
c. Plans, develops, and implements human customer needs, and the achievement of a strong
resources management and development policies market share in a competitive environment.
and strategies covering recruitment, performance d. Responsible for Marketing, Brand & Customer
management, organizational development, Experience (MBCX) activities to safeguard the
learning and development, corporate culture, Bank’s reputation, including by defining strategies
talent management and succession planning, and initiatives to promote the Bank’s products,
remuneration systems, human resources services, and overall brand image to customers
information systems and reporting, operational and the public, and by ensuring the delivery of
risk management, personnel policies and a positive and satisfying customer experience at
procedures, as well as other employee-related every interaction with the Bank.
services.
10. RICO USTHAVIA FRANS – OPERATIONS,
8. RUSLY JOHANNES – BUSINESS BANKING DIRECTOR TECHNOLOGY, ANALYTICS & AI DIRECTOR
a. Determines business strategies and provides a. Establishes the Bank’s long-term strategies for
strategic direction and guidance for all Business Operations and Information Technology.
Banking segments, products, and services, b. Directs the Operations & Information Technology
including Financial Institutions/Non-Bank Sub-Directorate to achieve effectiveness and
Financial Institutions, Corporate Banking, efficiency in managing banking operational
Commercial Banking, and Transaction Banking. transactions with high standards, ensuring
b. Responsible for achieving funding and lending reliability.
targets, as well as increasing cross-selling across c. Directs the Data, Analytics & AI Sub-Directorate
those segments and branch networks. to strengthen Data & Analytics as a foundation
c. Sets competitive product directions and oversees for decision-making, facilitate cross-unit
service development supported by operational coordination, and build more structured and
capabilities, in line with the demands of the banking effective work processes, including serving as
industry and technological advancements. a Center of Excellence for the development and
implementation of the Bank’s Generative AI–
9. NOVIADY WAHYUDI – CONSUMER BANKING based initiatives.
DIRECTOR d. Ensures smooth communication from users with
a. Develops strategies and provides direction for respect to operational, technology, analytics, and
customer service and sales of Consumer Banking AI processes in accordance with business needs.
products across all branches in Indonesia. e. Ensures the implementation of technology
strategies and the deployment of robust
technology infrastructure and security systems
across operational activities, transactions, data
information, and digital channels in all business
units, thereby minimizing risks to the Bank.
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ALTERNATE DIRECTORS
To ensure the continuity of the execution of the duties and authorities of the BOD in the event that a Director is unable
to perform his or her functions, CIMB Niaga has designated an Alternate Director for each member of the BOD. This
arrangement forms an integral part of the Bank’s leadership continuity and decision-making mechanism at the BOD
level, with the composition as follows:
No. Name Position Alternate Director 1 Alternate Director 2 Alternate Director 3
1 Lani Darmawan President Director Lee Kai Kwong Rusly Johannes Rico Usthavia Frans
2 John Simon Treasury & Capital Markets Director Rusly Johannes Noviady Wahyudi Pandji P. Djajanegara
3 Fransiska Oei Compliance, Corporate Affairs & Henky Sulistyo Joni Raini Rico Usthavia Frans
Legal Director
4 Pandji P. Djajanegara Sharia Banking Director Noviady Wahyudi Lee Kai Kwong John Simon
5 Lee Kai Kwong Strategy & Finance Director Henky Sulistyo Rico Usthavia Frans Joni Raini
6 Rusly Johannes Business Banking Director John Simon Pandji P. Djajanegara Noviady Wahyudi
7 Joni Raini Human Resources Director Rico Usthavia Frans Fransiska Oei Henky Sulistyo
8 Henky Sulistyo Risk Management Director Fransiska Oei Lee Kai Kwong Rusly Johannes
9 Noviady Wahyudi Consumer Banking Director Pandji P. Djajanegara John Simon Lee Kai Kwong
10 Rico Usthavia Frans Operations, Technology, Joni Raini Henky Sulistyo Fransiska Oei
Analytics & AI Director
INDEPENDENCE OF THE BOARD OF DIRECTORS financial institutions, or listed companies, except under
The BOD of CIMB Niaga demonstrates a strong commitment circumstances expressly permitted pursuant to POJK No.
to the implementation of the principle of independence 17 of 2023 regarding the Implementation of Corporate
in the performance of its duties and responsibilities, Governance for Commercial Banks.
by consistently placing the interests of the Bank above
personal interests. Each member of the BOD acts with the Members of the BOD who are responsible for supervisory
highest standards of integrity and adheres to the code of oversight of the Bank’s subsidiaries may perform
conduct as stipulated in the BOD Charter, as follows: functional duties as members of the BOC of non-bank
1. Members of the BOD are prohibited from utilizing the subsidiaries controlled by the Bank, provided that such
Bank and/or any information obtained from the Bank concurrent positions do not result in the neglect of their
for personal, family, and/or other parties’ interests duties and responsibilities as members of the BOD.
that may cause harm to, or reduce the profitability Accordingly, such appointments are not classified as
and reputation of, the Bank and/or its subsidiaries. concurrent positions.
2. Members of the BOD are prohibited from taking and/
or receiving any personal benefits from the Bank other The implementation of this policy ensures that the
than remuneration and other facilities approved by independence, focus, and professionalism of the BOD
the GMS and/or as provided under internal policies. are consistently maintained in managing the Bank.
3. Members of the BOD are prohibited from engaging Comprehensive information regarding concurrent
personal advisers and/or professional services as positions held by each member of the BOD in the Bank’s
consultants, unless the following requirements are met: subsidiaries in 2025 is disclosed in the Company Profile
a. the project is of a special nature; section of this Annual Report.
b. it is governed by a clear contract that at a minimum
specifies the scope of work, responsibilities, CONFLICT OF INTEREST OF THE BOARD OF
duration of engagement, and fees; and DIRECTORS
c. the consultant is an Independent Party with All members of the BOD of CIMB Niaga had no conflicts
the requisite qualifications to undertake such a of interest, nor any potential conflicts of interest with the
specialized project. Bank, during 2025. The BOD is committed to preventing
any potential conflicts of interest and to consistently
CONCURRENT POSITION OF THE BOARD OF ensuring that its members do not place themselves in
DIRECTORS situations that may give rise to conflicts of interest, as
All members of the BOD of CIMB Niaga do not hold stipulated in the BOD Charter. In the event that a conflict
concurrent positions beyond those permitted under of interest arises, members of the BOD are prohibited
prevailing regulations. Members of the BOD are from taking any actions that may harm or reduce the
prohibited from concurrently serving as members of Bank’s interests and are required to disclose such
the BOC, the BOD, or Executive Officers of other banks, conflicts of interest in any decision-making process.
PT BANK CIMB NIAGA TBK 2025 Annual Report 455
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A member of the BOD is not authorized to represent the Bank if:
1. there is a legal proceeding before a court between the Bank and the relevant member of the BOD; and/or
2. the relevant member of the BOD has a conflict of interest with the interests of the Bank.
The procedures applicable in the event of a conflict of interest require that any members of the BOD who, directly or
indirectly, has a personal interest in a transaction, contract, or proposed contract in which the Bank is a party, must
disclose the nature of such interest at a meeting of the BOD and shall not be entitled to participate in the deliberation
or voting on matters relating to such transaction or proposed contract, unless otherwise determined by the BOD.
Furthermore, the Bank ensures that any transactions with related parties are conducted on an arm’s length basis and
are not more favorable than transactions with other parties under comparable conditions.
PARTICIPATION OF MEMBERS OF THE BOARD OF DIRECTORS IN ASSOCIATIONS/ORGANIZATIONS
Several members of the BOD of CIMB Niaga actively participate and contribute to various professional associations
and organizations. Such participation does not interfere with the performance of their duties and responsibilities as
members of the BOD and, accordingly, is not classified as holding concurrent positions.
Name Position Position at the Association/Organization
Lani Darmawan President Director • Member of the Monetary and Financial Services Policy Board at the Indonesian
Chamber of Commerce and Industry (KADIN Indonesia) Banking Sector (2021 – 2026)
• Deputy Chairman at PERBANAS (2024 – 2028)
• Member of the Indonesian Employers’ Association (APINDO) Banking Sector (2023 – 2028)
John Simon Treasury & Capital • Member of Association Cambiste Internationale the Financial Markets Association of
Market Director Indonesia (ACI FMA Indonesia) (2020 – present)
• Member and Board of Indonesia Foreign Exchange Market Committee (IFEMC) (2023 – 2027)
Pandji P. Djajanegara Sharia Banking Director • Deputy Secretary General II – IBI (2023 – 2027)
• Member of Product Development Division of Perbanas (2024 – 2028)
• Chairman II Regulatory Relations at ASBISINDO (2024 - 2027)
Fransiska Oei Compliance, Corporate • Chairwoman of the Banking Compliance Directors Communication Forum (FKDKP) (2019-2025)
Affairs & Legal Director • Secretary General of the Banking Compliance Directors Communication Forum (FKDKP)
(2025-2027)
• Chairwoman of the Legal and Compliance Division of PERBANAS (2025 – present)
• Member of the Board of Trustees of the PERBANAS Education Foundation (2019 – present)
• Member of the Supervisory Board of the Alternative Dispute Resolution Institution for
the Financial Services Sector (LAPS SJK) (2020 – 2027)
Henky Sulistyo Risk Management • Vice Chairman 1 of Bankers Association for Risk Management (BARA) (2024 – 2027)
Director • Member of Research, Studies, Publications Division of the Indonesian Bankers
Association (IBI) (2023 – 2027)
Noviady Wahyudi Consumer Banking • Member of Indonesian Payment System Association (ASPI) (2022 – present)
Director • Chairman of Committee 6 - Innovation and Consumer Protection of ASPI (2025 – present)
Rico Usthavia Frans Operation, • General Treasurer of the Banking Operations Director Communication Forum (FKDOP)
Technology, Analytics & (2025 – 2027)
AI Director • Member of IT Leaders Community in Indonesia (iCIO Community) (2025 - 2026)
• Steering Committee Member of Indonesia Fintech Society (IFSoc) (2022 - 2025)
POLICY ON THE PROVISION OF LOAN TO THE 1. Led the management team in the formulation and
BOARD OF DIRECTORS evaluation of the Bank’s strategy through BOD’s
CIMB Niaga implements a policy on the provision of loans Meetings on the 2025 Bank Business Plan (RBB) and
to members of the BOD on normal commercial terms and the 2025 Sustainable Finance Action Plan (SFAP), held
conditions, consistent with those applied to non-related on 4 February 2025, as well as the revision of the 2025
parties. This policy is stipulated in the BOD Charter. Any RBB at the meeting on 3 June 2025.
loans extended to members of the BOD are taken into 2. Established the Bank’s latest long-term strategy,
account as part of CIMB Niaga’s Legal Lending Limit in Forward30, focusing on four strategic pillars (4C):
accordance with POJK No. 32/POJK.03/2018. Capital, Cash/CASA, Cross Selling, and Capability.
3. Executed syndicated loan transactions with prudent credit
IMPLEMENTATION OF THE DUTIES, risk management and enhanced infrastructure to support
RESPONSIBILITIES, AND AUTHORITIES OF THE the growth of the Business Banking customer base.
BOARD OF DIRECTORS IN 2025 4. Carried out the spin-off process of the Sharia Business
Throughout 2025, in addition to implementing resolutions Unit (SBU) into a fully-fledged Sharia Commercial Bank.
of the GMS convened during the financial year, the BOD 5. Formulated and adopted the Bank’s updated vision
of CIMB Niaga carried out the following key duties and and mission, grounded in the Bank’s purpose of
responsibilities, among others: Advancing Customers and Society.
456 PT BANK CIMB NIAGA TBK 2025 Annual Report
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6. Accelerated digital transformation across all business 6. All policies and strategic decisions shall be resolved
lines to enhance customer experience, including through meetings of the BOD, with due regard to the
the expansion of Branchless Banking, the One RM oversight of the BOC, the provisions of the Articles of
initiative, and the enhancement of features on OCTO Association, and prevailing laws and regulations.
and BizChannel. 7. Meeting invitations and materials for scheduled
7. Through the Information Technology Steering meetings shall be distributed to meeting participants
Committee (ITSC), established and evaluated the no later than 5 (five) working days prior to the meeting
Bank’s Information Technology (IT) strategic plans, date.
monitored and ensured the implementation and 8. In the event of meetings convened outside the
socialization of IT policies and standard procedures, predetermined schedule, meeting materials shall be
and ensured that all IT operations complied with distributed to participants no later than prior to the
POJK No. 11 of 2022 regarding the Implementation of meeting.
Information Technology by Commercial Banks. 9. Meetings of the BOD shall be chaired by the President
8. Strengthened IT security capabilities to safeguard Director. In the event that the position of President
the Bank’s confidential data, including enhancing the Director is vacant, or the President Director is unable
capacity of Cyber Security and Fraud Detection units to attend or is otherwise unavailable—without the
in monitoring and countering cybercrime threats. need for proof to third parties—the meeting shall
9. Conducted regular communications with be chaired by the Vice President Director or by a
shareholders and/or investors regarding performance member of the BOD present and appointed by the
achievements, including timely disclosures of members attending the meeting.
information that may have a material impact on the 10. A meeting of the BOD shall be valid and authorized
Bank. to adopt binding resolutions if attended and/or
represented by at least 2/3 (two-thirds) of the total
POLICY AND IMPLEMENTATION OF MEETING members of the BOD.
FREQUENCY 11. Resolutions of the BOD shall be adopted by
deliberation to reach consensus. If consensus cannot
PROVISIONS FOR THE BOARD OF DIRECTORS, be reached, resolutions shall be adopted by voting,
JOINT MEETINGS OF THE BOARD OF DIRECTORS requiring affirmative votes of at least 2/3 (two-thirds)
WITH THE BOARD OF COMMISSIONERS AND/OR of the members of the BOD present at the meeting.
THE SHARIA SUPERVISORY BOARD 12. Each member of the BOD present shall be entitled
1. The BOD shall prepare the schedule for meetings of to 1 (one) vote and an additional 1 (one) vote for
the BOD as well as joint meetings of the BOD with the each other member of the BOD whom he or she
BOC and/or the SSB for the following financial year represents.
prior to the end of the current financial year, and 13. A member of the BOD may only be represented by
published it on the Bank’s website. another member of the BOD pursuant to a specific
2. Meetings of the BOD shall be convened on a regular Power of Attorney issued for the purpose of the
basis at least once a month or at any time as deemed relevant meeting, provided that such non-physical
necessary, or in aggregate at least 12 (twelve) times attendance:
per year, and shall be attended by a majority of the a. may be counted in the frequency of physical
members. Proposals to convene a BOD’s Meeting attendance at meetings of the BOD;
may be submitted by one or more members of the b. does not eliminate the represented member’s
BOD, upon written request from the BOC, or upon voting rights, which shall be exercised in
written request from 1 (one) or more shareholders accordance with the granted authority and
jointly representing at least 1/10 (one-tenth) of the counted in the meeting quorum.
total issued shares with valid voting rights of the 14. A member of the BOD who is unable to attend a
Bank. meeting must submit the reason for his or her
3. The BOD shall convene meetings by inviting the BOC absence to the President Director through the
and the SSB (either jointly or separately) on a regular Corporate Secretary.
basis at least once every 4 (four) months, to be 15. Decisions may be adopted either through meetings
attended by a majority of the members of the BOD, or outside meetings by way of a Circular Resolution
the BOC, and the SSB. of the BOD or other recognized media, provided that
4. Meetings of the BOD may be held through physical all members of the BOD sign the Circular Resolution
attendance or by means of teleconference, or the relevant medium.
telepresence, or other electronic media. 16. Meetings of the BOD shall be attended by the
5. At least 75% (seventy-five percent) of meetings held Corporate Secretary and by other parties deemed
in a year must be attended by all members of the necessary by the BOD in relation to the meeting
BOD. agenda, whether internal or external to the Bank.
PT BANK CIMB NIAGA TBK 2025 Annual Report 457
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Highlights Reports Profile Discussion & Analysis Management
17. Minutes of meetings shall be prepared and 24. In the event that any member of the BOD, the BOC,
administered by the Corporate Secretary. In the and/or the SSB does not sign the minutes, the relevant
event that the Corporate Secretary position is held party must state the reasons in writing in a separate
by a Director, the minutes may be prepared by the letter to be attached to the minutes.
Corporate Secretary unit. 25. The BOD may also adopt valid and binding resolutions
18. Minutes of meetings of the BOD shall be signed by without convening a meeting, provided that all
all members of the BOD present at the meeting and members of the BOD give their approval by signing a
distributed to all members of the BOD. written resolution containing the proposed decision
19. The minutes shall at a minimum contain the meeting (Circular Resolution).
agenda, attendance of each member of the BOD 26. A Circular Resolution shall have the same legal force
(whether physical, teleconference, telepresence, as a resolution validly adopted at a meeting of the
or other electronic means), and the resolutions or BOD.
outcomes of deliberations.
20. Where meetings are conducted via teleconference, In 2025, meetings of the BOD and joint meetings of the
telepresence, or other electronic media, such BOD with the BOC and/or the SSB of CIMB Niaga were
meetings must be followed up with the preparation of conducted in 3 (three) formats: physical, virtual, and
minutes signed by all members of the BOD present. hybrid (physical and virtual). This flexible arrangement
21. Minutes of meetings of the BOD constitute valid legal was implemented to ensure effective decision-making
evidence for members of the BOD and third parties and the smooth execution of the BOD’s functions.
regarding resolutions adopted at such meetings.
22. Any dissenting opinions expressed during meetings The schedule of meetings of the BOD and joint meetings
of the BOD must be clearly recorded in the minutes, of the BOD with the BOC and/or the SSB for 2025 was
together with the reasons for such dissent. prepared and published on the Bank’s website at the end
23. Resolutions adopted at meetings of the BOD convened of 2024.
with the BOC and/or the SSB must be documented
in the minutes, signed by all members of the BOD, BOARD OF DIRECTORS MEETING AGENDA IN 2025
the BOC, and the SSB present, and distributed to Throughout 2025, meetings of the BOD discussed, among
all members of the BOD, the BOC, the SSB, and the others, the following agenda items:
Corporate Secretary.
No Date Agenda Participant
1 7 January 2025 1. a. Confirmation/Monitoring on Approval Minutes of BOD Meeting 1. Lani Darmawan
b. Matters arising from previous BOD meeting 2. Lee Kai Kwong
2. Tax Updates 3. John Simon
3. Proposed Changes to Executive Credit Committee (ECC) Membership 4. Fransiska Oei
4. Other 5. Pandji P. Djajanegara
6. Henky Sulistyo
7. Joni Raini
8. Rusly Johannes
2 14 January 2025 1. a. Confirmation/Monitoring on Approval Minutes of BOD Meeting 1. Lani Darmawan
b. Matters arising from previous BOD meeting 2. Lee Kai Kwong
2. GWM Incentives, RPIM and Giro RIM 3. John Simon
3. Financial Performance as of December 2024 4. Fransiska Oei
4. Other 5. Pandji P. Djajanegara
6. Tjioe Mei Tjuen*
7. Henky Sulistyo
8. Joni Raini
9. Rusly Johannes
10. Noviady Wahyudi
3 21 January 2025 1. a. Confirmation/Monitoring on Approval Minutes of BOD Meeting 1. Lani Darmawan
b. Matters arising from previous BOD meeting 2. Lee Kai Kwong
2. Year-end Audit for Year Ended 31 December 2024 3. John Simon
3. a. 2024 Summary Corporate Assurance 4. Fransiska Oei
b. 2025 Risk Assessment & Audit Plan 5. Pandji P. Djajanegara
4. Risk Profile Q4-2024, Integrated Risk Profile & RBBR H2-2024 6. Tjioe Mei Tjuen*
5. RBB Realization & Supervisory Report Q4-2024 7. Henky Sulistyo
6. Annual General Shareholders Meeting (AGMS) 2025 8. Joni Raini
7. Project Update Operating Model on the Bank SOP Review Process 9. Noviady Wahyudi
8. Syariah Spin-Off Update
9. Other
458 PT BANK CIMB NIAGA TBK 2025 Annual Report
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Supporting Business Corporate Corporate Social Other Financial
Report Governance Responsibilities Corporate Data Statement
No Date Agenda Participant
4 30 January 2025 1. a. Confirmation/Monitoring on Approval Minutes of BOD Meeting 1. Lani Darmawan
b. Matters arising from previous BOD meeting 2. Lee Kai Kwong
2. Other 3. John Simon
4. Fransiska Oei
5. Pandji P. Djajanegara
6. Tjioe Mei Tjuen*
7. Henky Sulistyo
8. Joni Raini
9. Noviady Wahyudi
5 4 February 2025 1. a. Confirmation/Monitoring on Approval Minutes of BOD Meeting 1. Lani Darmawan
b. Matters arising from previous BOD meeting 2. John Simon
2. POJK 15/2024 Update – The Integrity of Financial Reporting 3. Fransiska Oei
3. Technology Cost Impact for Syariah Spin Off Project 4. Pandji P. Djajanegara
4. BNM Stress Test Result 2024 5. Tjioe Mei Tjuen*
5. RBB and RAKB 2025 6. Henky Sulistyo
6. Strategy House F30 for Approval 7. Joni Raini
7. Other 8. Noviady Wahyudi
6 11 February 2025 1. a. Confirmation/Monitoring on Approval Minutes of BOD Meeting 1. Lani Darmawan
b. Matters arising from previous BOD meeting 2. John Simon
2. Financial Performance as of January 2025 3. Fransiska Oei
3. Other 4. Pandji P. Djajanegara
5. Tjioe Mei Tjuen*
6. Henky Sulistyo
7. Joni Raini
8. Rusly Johannes
9. Noviady Wahyudi
7 18 February 2025 1. a. Confirmation/Monitoring on Approval Minutes of BOD Meeting 1. Lani Darmawan
b. Matters arising from previous BOD meeting 2. Lee Kai Kwong
2. Approval on External Auditor for FY 2025 3. John Simon
3. 2025 Dividend payment 4. Fransiska Oei
4. Q4-2024 Compliance Director Report 5. Pandji P. Djajanegara
5. 2025 HyWork Update 6. Tjioe Mei Tjuen*
7. Henky Sulistyo
8. Joni Raini
9. Rusly Johannes
10. Noviady Wahyudi
8 25 February 2025 1. a. Confirmation/Monitoring on Approval Minutes of BOD Meeting 1. Lani Darmawan
b. Matters arising from previous BOD meeting 2. Lee Kai Kwong
2. Other 3. John Simon
4. Fransiska Oei
5. Pandji P. Djajanegara
6. Tjioe Mei Tjuen*
7. Henky Sulistyo
8. Joni Raini
9. Rusly Johannes
10. Noviady Wahyudi
9 4 March 2025 1. a. Confirmation/Monitoring on Approval Minutes of BOD Meeting 1. Lani Darmawan
b. Matters arising from previous BOD meeting 2. Lee Kai Kwong
2. OHI 2024 – 2025 Result 3. Fransiska Oei
3. OJK CRMS (Climate Risk Management Scenario) 2025 Update 4. Pandji P. Djajanegara
4. Other 5. Tjioe Mei Tjuen*
6. Henky Sulistyo
7. Joni Raini
8. Rusly Johannes
9. Noviady Wahyudi
10 12 March 2025 1. a. Confirmation/Monitoring on Approval Minutes of BOD Meeting 1. Lani Darmawan
b. Matters arising from previous BOD meeting 2. Lee Kai Kwong
2. Financial Performance as of February 2025 3. John Simon
4. Fransiska Oei
5. Tjioe Mei Tjuen*
6. Joni Raini
7. Rusly Johannes
8. Noviady Wahyudi
11 18 March 2025 1. a. Confirmation/Monitoring on Approval Minutes of BOD Meeting 1. Lani Darmawan
b. Matters arising from previous BOD meeting 2. Lee Kai Kwong
2. Summary Corporate Assurance as of February 2025 and Update Audit Plan 2025 3. John Simon
3. Financial Conglomeration and Financial Holding Company 4. Fransiska Oei
4. HR Culture, Diversity dan Inclusion 2025 initiatives 5. Pandji P. Djajanegara
5. BMC Scorecard 2025 Update 6. Tjioe Mei Tjuen*
6. Other 7. Henky Sulistyo
8. Joni Raini
9. Rusly Johannes
10. Noviady Wahyudi
PT BANK CIMB NIAGA TBK 2025 Annual Report 459
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Performance Management Company Management Risk
Highlights Reports Profile Discussion & Analysis Management
No Date Agenda Participant
12 25 March 2025 1. a. Confirmation/Monitoring on Approval Minutes of BOD Meeting 1. Lani Darmawan
b. Matters arising from the previous BOD meeting 2. Lee Kai Kwong
2. Other 3. John Simon
4. Fransiska Oei
5. Tjioe Mei Tjuen*
6. Henky Sulistyo
7. Joni Raini
8. Rusly Johannes
9. Noviady Wahyudi
13 8 April 2025 1. a. Confirmation/Monitoring on Approval Minutes of BOD Meeting 1. Lee Kai Kwong
b. Matters arising from previous BOD meeting 2. John Simon
2. Other 3. Fransiska Oei
4. Tjioe Mei Tjuen*
5. Henky Sulistyo
6. Joni Raini
7. Rusly Johannes
8. Noviady Wahyudi
14 15 April 2025 1. a. Confirmation/Monitoring on Approval Minutes of BOD Meeting 1. Lani Darmawan
b. Matters arising from previous BOD meeting 2. Lee Kai Kwong
2. Financial Performance as of March 2025 3. John Simon
3. Gap Assessment on IFRS S1 and S2 4. Fransiska Oei
4. Extraordinary General Meeting Shareholders 2025 5. Pandji P. Djajanegara
5. Sharia Spin Off Project Update 6. Henky Sulistyo
6. Other 7. Joni Raini
8. Rusly Johannes
9. Noviady Wahyudi
15 22 April 2025 1. a. Confirmation/Monitoring on Approval Minutes of BOD Meeting 1. Lani Darmawan
b. Matters arising from the previous BOD meeting 2. Lee Kai Kwong
2. 1Q-2025 Summary Corporate Assurance 3. John Simon
3. Risk Profile Q1-2025 4. Fransiska Oei
4. Realization Report of RBB 1Q-2025 5. Pandji P. Djajanegara
5. CIMB Niaga Syariah Brand Identity 6. Henky Sulistyo
6. Other 7. Joni Raini
8. Rusly Johannes
9. Noviady Wahyudi
16 30 April 2025 1. a. Confirmation/Monitoring on Approval Minutes of BOD Meeting 1. Lani Darmawan
b. Matters arising from the previous BOD meeting 2. Lee Kai Kwong
2. CIMB Niaga Syariah Brand Identity 3. John Simon
3. Other 4. Fransiska Oei
5. Pandji P. Djajanegara
6. Henky Sulistyo
7. Joni Raini
8. Rusly Johannes
9. Noviady Wahyudi
17 6 May 2025 1. a. Confirmation/Monitoring on Approval Minutes of BOD Meeting 1. Lani Darmawan
b. Matters arising from the previous BOD meeting 2. Lee Kai Kwong
2. Group Wide Stress Test (GWST) as of Dec 2024 Result 3. John Simon
3. CNAF Divestment Update 4. Fransiska Oei
4. Ransomware Tabletop Exercise (TTX) 5. Pandji P. Djajanegara
5. Other 6. Henky Sulistyo
7. Joni Raini
8. Rusly Johannes
9. Noviady Wahyudi
18 14 May 2025 1. a. Confirmation/Monitoring on Approval Minutes of BOD Meeting 1. Lee Kai Kwong
b. Matters arising from the previous BOD meeting 2. John Simon
2. Financial Performance as of April 2025 3. Fransiska Oei
3. Cost Optimization Proposal 4. Pandji P. Djajanegara
4. Group Reverse Stress Test as of Dec 2024 5. Joni Raini
5. Other 6. Rusly Johannes
7. Noviady Wahyudi
19 20 May 2025 1. a. Confirmation/Monitoring on Approval Minutes of BOD Meeting 1. Lee Kai Kwong
b. Matters arising from the previous BOD meeting 2. John Simon
2. Summary Corporate Assurance as of April 2025 3. Fransiska Oei
3. Q1- 2025 Compliance Director Report 4. Pandji P. Djajanegara
4. Other 5. Joni Raini
6. Rusly Johannes
7. Noviady Wahyudi
460 PT BANK CIMB NIAGA TBK 2025 Annual Report
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Supporting Business Corporate Corporate Social Other Financial
Report Governance Responsibilities Corporate Data Statement
No Date Agenda Participant
20 27 May 2025 1. a. Confirmation/Monitoring on Approval Minutes of BOD Meeting 1. Lee Kai Kwong
b. Matters arising from the previous BOD meeting 2. John Simon
2. Other 3. Fransiska Oei
4. Pandji P. Djajanegara
5. Joni Raini
6. Rusly Johannes
7. Noviady Wahyudi
21 3 June 2025 1. a. Confirmation/Monitoring on Approval Minutes of BOD Meeting 1. Lani Darmawan
b. Matters arising from the previous BOD meeting 2. Lee Kai Kwong
2. Basel III Standardized Approach & Internal Ratings Based Approach 3. John Simon
3. 2025 RBB Revision 4. Fransiska Oei
4. Incentive and Relaxation Proposal 5. Pandji P. Djajanegara
5. Other 6. Henky Sulistyo
7. Joni Raini
8. Rusly Johannes
9. Noviady Wahyudi
22 10 June 2025 1. a. Confirmation/Monitoring on Approval Minutes of BOD Meeting 1. Lani Darmawan
b. Matters arising from the previous BOD meeting 2. Lee Kai Kwong
2. Financial Performance as of May 2025 3. John Simon
3. Other 4. Pandji P. Djajanegara
5. Henky Sulistyo
6. Joni Raini
7. Rusly Johannes
8. Noviady Wahyudi
23 17 June 2025 1. a. Confirmation/Monitoring on Approval Minutes of BOD Meeting 1. Lani Darmawan
b. Matters arising from the previous BOD meeting 2. Lee Kai Kwong
2. Summary Corporate Assurance as of May 2025 3. John Simon
3. Tax Update 4. Fransiska Oei
4. Customer Centric Solution OVA - 1st Winner OCTO Hackfest 5. Pandji P. Djajanegara
5. Other 6. Henky Sulistyo
7. Joni Raini
8. Rusly Johannes
24 1 July 2025 1. a. Confirmation/Monitoring on Approval Minutes of BOD Meeting 1. Lani Darmawan
b. Matters arising from the previous BOD meeting 2. Lee Kai Kwong
2. Other 3. John Simon
4. Fransiska Oei
5. Pandji P. Djajanegara
6. Henky Sulistyo
7. Rusly Johannes
8. Noviady Wahyudi
25 8 July 2025 1. a. Confirmation/Monitoring on Approval Minutes of BOD Meeting 1. Lani Darmawan
b. Matters arising from the previous BOD meeting 2. Lee Kai Kwong
2. Financial Performance as of June 2025 3. John Simon
3 Group Service Level Agreement for Intra-Group Cross-Border Services 4. Fransiska Oei
4. Other 5. Pandji P. Djajanegara
6. Henky Sulistyo
7. Joni Raini
8. Rusly Johannes
26 15 July 2025 1. a. Confirmation/Monitoring on Approval Minutes of BOD Meeting 1. Lani Darmawan
b. Matters arising from the previous BOD meeting 2. Lee Kai Kwong
2. Corporate Assurance as of June 2025 and 2025 Mid-Year Audit Plan 3. John Simon
3 Risk Profile Q2-2025 and RBBR H1-2025 (Bank & UUS) 4. Fransiska Oei
4. Digital Channel Update 5. Pandji P. Djajanegara
5. Other 6. Henky Sulistyo
7. Joni Raini
8. Rusly Johannes
9. Noviady Wahyudi
27 22 July 2025 1. a. Confirmation/Monitoring on Approval Minutes of BOD Meeting 1. Lani Darmawan
b. Matters arising from the previous BOD meeting 2. Lee Kai Kwong
2. Syariah Spin Off Update 3. John Simon
3. OJK Audit 2025 4. Fransiska Oei
4. Other 5. Pandji P. Djajanegara
6. Henky Sulistyo
7. Joni Raini
8. Rusly Johannes
9. Noviady Wahyudi
28 29 July 2025 1. a. Confirmation/Monitoring on Approval Minutes of BOD Meeting 1. Lani Darmawan
b. Matters arising from the previous BOD meeting 2. Lee Kai Kwong
2. Other 3. John Simon
4. Fransiska Oei
5. Pandji P. Djajanegara
6. Henky Sulistyo
7. Joni Raini
8. Noviady Wahyudi
9. Rico Usthavia Frans**
PT BANK CIMB NIAGA TBK 2025 Annual Report 461
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Performance Management Company Management Risk
Highlights Reports Profile Discussion & Analysis Management
No Date Agenda Participant
29 6 August 2025 1. a. Confirmation/Monitoring on Approval Minutes of BOD Meeting 1. Lani Darmawan
b. Matters arising from the previous BOD meeting 2. Lee Kai Kwong
2. 2026 Risk Posture Proposal 3. John Simon
3. Bilateral Subordinated Borrowing Proposal 4. Fransiska Oei
4. CIMB Niaga Investor Day 5. Pandji P. Djajanegara
5. Other 6. Henky Sulistyo
7. Joni Raini
8. Rusly Johannes
9. Noviady Wahyudi
10. Rico Usthavia Frans**
30 12 August 2025 1. a. Confirmation/Monitoring on Approval Minutes of BOD Meeting 1. Lani Darmawan
b. Matters arising from the previous BOD meeting 2. Lee Kai Kwong
2. Consolidated Financial Performance as of July 2025 3. John Simon
3. Other 4. Fransiska Oei
5. Pandji P. Djajanegara
6. Henky Sulistyo
7. Joni Raini
8. Rusly Johannes
9. Noviady Wahyudi
10. Rico Usthavia Frans**
31 19 August 2025 1. a. Confirmation/Monitoring on Approval Minutes of BOD Meeting 1. Lani Darmawan
b. Matters arising from the previous BOD meeting 2. Lee Kai Kwong
2. Summary Corporate Assurance as of- July 2025 3. John Simon
3. Q2-2025 Compliance Director Report 4. Fransiska Oei
4. Climate Scenario Analysis Result 2025 5. Pandji P. Djajanegara
5 Budget 2026 6. Henky Sulistyo
6. Other 7. Joni Raini
8. Rusly Johannes
9. Noviady Wahyudi
10. Rico Usthavia Frans**
32 26 August 2025 1. a. Confirmation/Monitoring on Approval Minutes of BOD Meeting 1. Lani Darmawan
b. Matters arising from the previous BOD meeting 2. Lee Kai Kwong
2. Sustainability Update 3. John Simon
3. Mortgage for Low-Income Communities (MBR) 4. Fransiska Oei
4. Bullion Bank & Gold Business Opportunity 5. Pandji P. Djajanegara
6. Henky Sulistyo
7. Joni Raini
8. Rusly Johannes
9. Noviady Wahyudi
10. Rico Usthavia Frans**
33 3 September 2025 1. a. Confirmation/Monitoring on Approval Minutes of BOD Meeting 1. Lani Darmawan
b. Matters arising from the previous BOD meeting 2. Lee Kai Kwong
2. Group Wide Stress Test (GWST) as of June 2025 3. John Simon
3. Update SLIK monitoring Framework & Parameter Company Assistance 4. Fransiska Oei
4. Other 5. Pandji P. Djajanegara
6. Henky Sulistyo
7. Joni Raini
8. Rusly Johannes
9. Noviady Wahyudi
10. Rico Usthavia Frans**
34 9 September 2025 1. a. Confirmation/Monitoring on Approval Minutes of BOD Meeting 1. Lani Darmawan
b. Matters arising from the previous BOD meeting 2. Lee Kai Kwong
2. Consolidated Financial Performance as of August 2025 3. Fransiska Oei
3. Other 4. Pandji P. Djajanegara
5. Henky Sulistyo
6. Joni Raini
7. Rusly Johannes
8. Noviady Wahyudi
9. Rico Usthavia Frans**
35 16 September 2025 1. a. Confirmation/Monitoring on Approval Minutes of BOD Meeting 1. Lani Darmawan
b. Matters arising from the previous BOD meeting 2. Lee Kai Kwong
2. Audit Plan Year End - 31 December 2025 3. John Simon
3. Summary Corporate Assurance as of August 2025 4. Fransiska Oei
4. Risk Posture 2026 5. Pandji P. Djajanegara
5. Leveraging Digitalization to Improve Productivity and reduce cost to serve 6. Henky Sulistyo
6. Other 7. Joni Raini
8. Rusly Johannes
9. Noviady Wahyudi
10. Rico Usthavia Frans**
462 PT BANK CIMB NIAGA TBK 2025 Annual Report
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Supporting Business Corporate Corporate Social Other Financial
Report Governance Responsibilities Corporate Data Statement
No Date Agenda Participant
36 24 September 2025 1. a. Confirmation/Monitoring on Approval Minutes of BOD Meeting 1. Lani Darmawan
b. Matters arising from the previous BOD meeting 2. Lee Kai Kwong
2. Assessment of Audit Recommendation for RM Mortgage 3. John Simon
3. Pulse Check Survey 2025 4. Fransiska Oei
4. Purpose, Vision & Mission CIMB Niaga 5. Pandji P. Djajanegara
5. Other 6. Henky Sulistyo
7. Joni Raini
8. Rusly Johannes
9. Noviady Wahyudi
10. Rico Usthavia Frans**
37 30 September 2025 1. a. Confirmation/Monitoring on Approval Minutes of BOD Meeting 1. Lani Darmawan
b. Matters arising from the previous BOD meeting 2. Lee Kai Kwong
2. Program Staff – Proteksi dari Hati- 70th Anniversary CIMB Niaga 3. John Simon
3. Other 4. Fransiska Oei
5. Pandji P. Djajanegara
6. Henky Sulistyo
7. Joni Raini
8. Rusly Johannes
9. Noviady Wahyudi
10. Rico Usthavia Frans**
38 7 October 2025 1. a. Confirmation/Monitoring on Approval Minutes of BOD Meeting 1. Lani Darmawan
b. Matters arising from the previous BOD meeting 2. Lee Kai Kwong
2. 2025 Stock Count 3. John Simon
3. Other 4. Fransiska Oei
5. Pandji P. Djajanegara
6. Henky Sulistyo
7. Joni Raini
8. Rusly Johannes
9. Noviady Wahyudi
10. Rico Usthavia Frans**
39 14 October 2025 1. a. Confirmation/Monitoring on Approval Minutes of BOD Meeting 1. Lani Darmawan
b. Matters arising from the previous BOD meeting 2. Lee Kai Kwong
2. Consolidated Financial Performance as of September 2025 3. John Simon
3. Financial Holding Company Operationalization 4. Fransiska Oei
4. Other 5. Pandji P. Djajanegara
6. Henky Sulistyo
7. Joni Raini
8. Rusly Johannes
9. Noviady Wahyudi
10. Rico Usthavia Frans**
40 20 October 2025 1. a. Confirmation/Monitoring on Approval Minutes of BOD Meeting 1. Lani Darmawan
b. Matters arising from the previous BOD meeting 2. Lee Kai Kwong
2. Summary Corporate Assurance as September 2025 3. John Simon
3. Risk Profile Q3-2025 4. Fransiska Oei
4. Recovery & Resolution Plan 2026 5. Pandji P. Djajanegara
5. CIMB Niaga Sekuritas (CNS) Update 6. Henky Sulistyo
6. Sustainability KPI Update 7. Rusly Johannes
7. 2025 Anti bribery & Corruption 8. Noviady Wahyudi
8. 2026 Collective Scorecard 9. Rico Usthavia Frans**
9. Other
41 29 October 2025 1. a. Confirmation/Monitoring on Approval Minutes of BOD Meeting 1. Lani Darmawan
b. Matters arising from the previous BOD meeting 2. Lee Kai Kwong
2. 3rd Quarter 2025 RBB Realization Report and 2026 RBB Plan 3. John Simon
3. Other 4. Fransiska Oei
5. Pandji P. Djajanegara
6. Henky Sulistyo
7. Joni Raini
8. Rusly Johannes
9. Noviady Wahyudi
10. Rico Usthavia Frans**
42 3 November 2025 1. a. Confirmation/Monitoring on Approval Minutes of BOD Meeting 1. Lani Darmawan
b. Matters arising from the previous BOD meeting 2. Lee Kai Kwong
2. New GWM Incentive 3. Fransiska Oei
3. Pinjaman Dari Hati 4. Pandji P. Djajanegara
4. Other 5. Joni Raini
6. Rusly Johannes
7. Noviady Wahyudi
8. Rico Usthavia Frans**
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Performance Management Company Management Risk
Highlights Reports Profile Discussion & Analysis Management
No Date Agenda Participant
43 12 November 2025 1. a. Confirmation/Monitoring on Approval Minutes of BOD Meeting 1. Lani Darmawan
b. Matters arising from the previous BOD meeting 2. Fransiska Oei
2. Consolidated Financial Performance as of October 2025 3. Pandji P. Djajanegara
3. AI Powered Learning Platform 4. Henky Sulistyo
4. Other 5. Joni Raini
6. Rusly Johannes
7. Noviady Wahyudi
44 18 November 2025 1. a. Confirmation/Monitoring on Approval Minutes of BOD Meeting 1. Lee Kai Kwong
b. Matters arising from the previous BOD meeting 2. John Simon
2. Compliance Director Report Q3-2025 3. Fransiska Oei
3. Realization RAKB 2025 and 2026 Target 4. Pandji P. Djajanegara
4. Summary Corporate Assurance as of October 2025 5. Henky Sulistyo
5. 2026 RBB Plan 6. Joni Raini
6. Other 7. Rusly Johannes
8. Noviady Wahyudi
45 2 December 2025 1. a. Confirmation/Monitoring on Approval Minutes of BOD Meeting 1. Lani Darmawan
b. Matters arising from the previous BOD meeting 2. Lee Kai Kwong
2. Internal Capital Threshold (ICT) 2026 Setting and Bonds Issuance Plan 2026 3. John Simon
3. Sustainability KPI Update as of October 2025 4. Fransiska Oei
4. Other 5. Pandji P. Djajanegara
6. Henky Sulistyo
7. Joni Raini
8. Rusly Johannes
9. Noviady Wahyudi
10. Rico Usthavia Frans**
46 9 December 2025 1. a. Confirmation/Monitoring on Approval Minutes of BOD Meeting 1. Lani Darmawan
b. Matters arising from the previous BOD meeting 2. Lee Kai Kwong
2. a. Summary Corporate Assurance as of November 2025 3. John Simon
b. 2026 Risk Assessment and Audit Plan 4. Fransiska Oei
3. Financial Performance as of November 2025 5. Pandji P. Djajanegara
4. One CS Initiative 6. Henky Sulistyo
5. a. Implementation Plan of Financial Conglomeration Governance 7. Joni Raini
b. Principal Approval for Due Diligence and Valuation of NMC Acquisition 8. Rusly Johannes
6. Audit Update Financial Year Ending 31 December 2025 9. Noviady Wahyudi
7. Sumatra & Aceh Floods Impact to Loan Portfolio 10. Rico Usthavia Frans**
8. Other
47 16 December 2025 1. a. Confirmation/Monitoring on Approval Minutes of BOD Meeting 1. Lani Darmawan
b. Matters arising from the previous BOD meeting 2. Lee Kai Kwong
2. Other 3. John Simon
4. Fransiska Oei
5. Pandji P. Djajanegara
6. Henky Sulistyo
7. Joni Raini
8. Rusly Johannes
9. Noviady Wahyudi
10. Rico Usthavia Frans**
48 23 December 2025 1. a. Confirmation/Monitoring on Approval Minutes of BOD Meeting 1. Lani Darmawan
b. Matters arising from the previous BOD meeting 2. Lee Kai Kwong
2. Letter of Comfort Sharia Commercial Bank 3. John Simon
3. Other 4. Fransiska Oei
5. Pandji P. Djajanegara
6. Henky Sulistyo
7. Rusly Johannes
8. Rico Usthavia Frans**
*
Resigned as Director effective as of the closing of the AGMS on 14 April 2025
**
Appointed at the AGMS on 14 April 2025 and effective on 24 July 2025
AGENDA OF JOINT MEETINGS OF THE BOARD OF DIRECTORS AND THE BOARD OF COMMISSIONERS IN 2025
No. Date BOD in Atttendance BOC in Atttendance Agenda
1 6 February 2025 1. Lani Darmawan 1. Didi Syafruddin Yahya 1. Message from the President Director
2. John Simon 2. Glenn M. Surya Yusuf 2. Financial Performance as of December 2024
3. Fransiska Oei 3. Sri Widowati
4. Pandji P. Djajanegara 4. Vera Handajani
5. Tjioe Mei Tjuen* 5. Farina Situmorang
6. Henky Sulistyo 6. Dody Budi Waluyo
7. Joni Raini
8. Rusly Johannes
9. Noviady Wahyudi
464 PT BANK CIMB NIAGA TBK 2025 Annual Report
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No. Date BOD in Atttendance BOC in Atttendance Agenda
2 25 April 2025 1. Lani Darmawan 1. Didi Syafruddin Yahya 1. Message from the President Director
2. Lee Kai Kwong 2. Glenn M. Surya Yusuf 2. Financial Performance as of March 2025
3. John Simon 3. Sri Widowati
4. Fransiska Oei 4. Vera Handajani
5. Pandji P. Djajanegara 5. Farina Situmorang
6. Henky Sulistyo 6. Dody Budi Waluyo
7. Joni Raini 7. Novan Amirudin***
8. Rusly Johannes
9. Noviady Wahyudi
3 28 July 2025 1. Lani Darmawan 1. Didi Syafruddin Yahya 1. Message from the President Director
2. Lee Kai Kwong 2. Glenn M. Surya Yusuf 2. Financial Performance as of June 2025
3. John Simon 3. Sri Widowati
4. Fransiska Oei 4. Vera Handajani
5. Pandji P. Djajanegara 5. Farina Situmorang
6. Henky Sulistyo 6. Dody Budi Waluyo
7. Joni Raini 7. Novan Amirudin***
8. Noviady Wahyudi
9. Rico Usthavia Frans**
4 31 October 2025 1. Lani Darmawan 1. Didi Syafruddin Yahya 1. Message from the President Director
2. Lee Kai Kwong 2. Glenn M. Surya Yusuf 2. Financial Performance as of September 2025
3. Pandji P. Djajanegara 3. Sri Widowati
4. Joni Raini 4. Vera Handajani
5. Rusly Johannes 5. Farina Situmorang
6. Noviady Wahyudi 6. Dody Budi Waluyo
7. Rico Usthavia Frans** 7. Novan Amirudin***
*
Resigned as Director effective as of the closing of the AGMS on 14 April 2025.
**
Appointed at the AGMS on 14 April 2025 and effective on 24 July 2025.
***
Appointed at the EGMS on 25 October 2024 and effective on 26 February 2025.
AGENDA OF JOINT MEETINGS OF THE SHARIA SUPERVISORY BIARD AND BOARD OF DIRECTORS IN 2025
No. Date BOD in Atttendance SSB in Atttendance Agenda
1 6 February 2025 1. Lani Darmawan 1. M. Quraish Shihab 1. Confirmation of SSB Meeting with BOD on
2. John Simon 2. Fathurrahman Djamil 29 November 2024
3. Fransiska Oei 3. Yulizar D. Sanrego 2. Highlights the Results of SSB Evaluation in
4. Pandji Djajanegara 2024
5. Tjioe Mei Tjuen* 3. Other
6. Henky Sulistyo
7. Joni Raini
8. Noviady Wahyudi
9. Rusly Johannes
2 26 June 2025 1. Lani Darmawan 1. M. Quraish Shihab 1. Confirmation of SSB Meeting with BOD on 6
2. Lee Kai Kwong 2. Fathurrahman Djamil February 2025
3. John Simon 3. Yulizar D. Sanrego 2. SSB Supervision Results – Sharia Review for
4. Fransiska Oei 1H 2025
5. Pandji Djajanegara 3. Other
6. Rusly Johannes
7. Henky Sulistyo
8. Noviady Wahyudi
9. Rico Usthavia Frans**
3 31 October 2025 1. Lani Darmawan 1. M. Quraish Shihab 1. Confirmation of SSB Meeting with BOD on
2. Lee Kai Kwong 2. Yulizar D. Sanrego 26 Juni 2025
3. Pandji Djajanegara 2. Sharia Financial Literacy 2H2025
4. Joni Raini 3. Sharia Banking Meeting (SBM) February –
5. Rusly Johannes September 2025
6. Noviady Wahyudi 4. Other
7. Rico Usthavia Frans**
*
Resigned as Director effective as of the closing of the AGMS on 14 April 2025.
**
Appointed at the AGMS on 14 April 2025 and effective on 24 July 2025.
PT BANK CIMB NIAGA TBK 2025 Annual Report 465
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Performance Management Company Management Risk
Highlights Reports Profile Discussion & Analysis Management
MEETING FREQUENCY AND ATTENDANCE LEVEL OF THE BOARD OF DIRECTORS IN 2025
BOD Meeting BOD and BOC Joint Meeting SSB and BOD Joint Meeting GMS
No. Name Average Average Average Average
Attendance Attendance Attendance Attendance Attendance Attendance Attendance Attendance Attendance Attendance Attendance Attendance
Frequency Rate Rate Frequency Rate Rate Frequency Rate Rate Frequency Rate Rate
1 Lani
43/48 90% 4/4 100% 3/3 100% 2/2 100%
Darmawan
2 Lee Kai
45/48 94% 4/4 100% 3/3 100% 2/2 100%
Kwong
3 John Simon 41/48 85% 3/4 75% 3/3 100% 2/2 100%
4 Fransiska
47/48 98% 3/4 75% 3/3 100% 2/2 100%
Oei
5 Pandji P.
45/48 94% 4/4 100% 3/3 100% 2/2 100%
Djajanegara
6 Tjioe Mei
12/13 92% 1/1 100% - - 1/1 100%
Tjuen* 92% 89% 100% 100%
7 Henky
43/48 90% 3/4 75% 3/3 100% 2/2 100%
Sulistyo
8 Joni Raini 43/48 90% 4/4 100% 3/3 100% 1/1 100%
9 Rusly
46/48 94% 3/4 75% 3/3 100% 2/2 100%
Johannes
10 Noviady
44/48 92% 4/4 100% 3/3 100% 2/2 100%
Wahyudi
11 Rico
Usthavia 19/21 90% 2/2 100% 2/2 100% 2/2 100%
Frans**
*
Resigned as Director effective as of the closing of the AGMS on 14 April 2025.
**
Appointed at the AGMS on 14 April 14 2025 and effective on 24 July 2025.
BOARD OF DIRECTORS DEVELOPMENT programs for members of the BOD in accordance with
PROGRAM POJK No. 24 of 2022 regarding the Development of the
The development of the competencies of the BOD is a Quality of Human Resources of Commercial Banks and
key element in supporting the effective performance SEOJK No. 28/SEOJK.03/2022 regarding Risk Management
of duties, driving sustainable growth, and ensuring the Certification for Human Resources of Commercial Banks.
optimal management of the Bank. This approach is in line
with the provisions of the BOD Charter and the Policy on INDUCTION PROGRAM FOR NEW MEMBERS OF
Learning, Development, and Orientation Programs for THE BOARD OF DIRECTORS
the BOD and the BOC No. A.04.8. CIMB Niaga has established an Orientation (Induction)
Program for newly appointed members of the BOD to
CIMB Niaga consistently facilitates the enhancement of provide a comprehensive understanding of the Bank’s
the competencies of members of the BOD through a range business activities, strategic direction, governance
of relevant training programs that reflect macroeconomic framework, working guidelines, and the responsibilities
developments, dynamics in the banking industry, and inherent in the role of the BOD. Through this program,
advancements in corporate governance practices. These new Directors are expected to adapt promptly and work in
initiatives ensure that the BOD continuously maintains close alignment with other corporate governance organs.
up-to-date strategic insights and capabilities in leading
the organization. The orientation materials are prepared by the Corporate
Secretary unit and delivered in the form of introductory
TRAINING AND COMPETENCY DEVELOPMENT documents covering, among others:
PROGRAM 1. The Bank’s Vision and Mission.
Information on training programs attended by each member 2. The Bank’s Code of Ethics and Code of Conduct.
of the BOD during 2025 is disclosed in the Company Profile 3. The Bank’s Organizational Structure.
section of this Annual Report of CIMB Niaga. 4. The Bank’s Articles of Association.
5. Corporate Policy Manual.
RISK MANAGEMENT CERTIFICATION 6. The BOD Charter and BOC’s Charters.
As of 31 December 2025, all serving members of the BOD 7. Applicable Banking and Capital Market regulations.
have obtained Risk Management Certification and/or have 8. The Bank’s Annual Report.
participated in Risk Management Refreshment programs, 9. The Bank’s Business Plan.
as disclosed in the Company Profile section of this Annual
Report. CIMB Niaga implements Risk Management The Bank has further developed the orientation
Certification and/or Risk Management Refreshment materials into its digital learning platform (e-Learning),
466 PT BANK CIMB NIAGA TBK 2025 Annual Report
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Report Governance Responsibilities Corporate Data Statement
namely the Learning on the Go (LoG) application, which resolutions adopted during such meetings, also served
can be accessed by prospective Directors anytime and as reference points in the assessment.
anywhere.
PERFORMANCE ASSESSMENT RESULT OF
In 2025, the orientation program for new Directors was EXECUTIVE COMMITTEES IN 2025
conducted for Rico Usthavia Frans. No. Executive Committee Score
1 Risk Management Committee (RMC) 440 (Good)
PERFORMANCE ASSESSMENT FOR COMMITTEES
AT THE BOARD OF DIRECTORS LEVEL 2 Asset & Lialibility Committee (ALCO) 451 (Good)
3 Information Technology Steering 435 (Good)
PERFORMANCE ASSESSMENT POLICY AND Committee ITSC)
PROCEDURES FOR COMMITTEES AT THE BOARD OF 4 Credit Policy Committee (CPC) 490 (Excellent)
DIRECTORS LEVEL (EXECUTIVE COMMITTEE) 5 Executive Credit Committee (ECC) 494 (Excellent)
The BOD conducts an annual performance evaluation of
committees at the BOD’s level, at least once each year.
The criteria and basis for evaluating the performance Range Table
of the Executive Committee refer to the respective Range Description
Charters/Terms of Reference (TOR), namely: (1) the
>470 – 500 Excellent
number of meetings convened; (2) attendance of
members of the BOD; (3) Service Level Agreement (SLA) 400 – 470 Good
for meeting minutes; (4) Action Matters Arising; and (5) 300 – 400 Fair
the distribution of meeting invitations.
200 -300 Poor
< 200 Very Poor
Throughout 2025, the BOD assessed that the Executive
Committee had performed its duties and responsibilities,
as well as conducted meeting deliberations, in a sound Information related to the performance assessment of the
and effective manner. The level of participation and Internal Audit Unit and the Risk Management Unit is disclosed
attendance of members of the BOD at committee in the respective sections on the Internal Audit Unit and Risk
meetings during the 2025 financial year, including the Management within this Chapter of the Annual Report.
Performance Assessment of the Board of
Commissioners and Board of Directors
The Bank has regulated performance assessment and anonymous (independent). The results of this
for its Board of Commissioners (BOC) and Board of performance assessment serve as input for improving
Directors (BOD) in the Appendix to the Nomination and the BOC future performance.
Remuneration Committee Charter.
The assessment policies and procedures include:
PERFORMANCE ASSESSMENT OF THE BOARD 1. Collegial performance assessment of the BOC;
OF COMMISSIONERS (INCLUDING THE 2. Individual performance assessment of each member
PRESIDENT COMMISSIONER) of the BOC; and
Periodically, the BOC, including the President 3. Performance assessment of the President Commissioner.
Commissioner, is evaluated in carrying their functions,
duties, and responsibilities. This evaluation or assessment BOARD OF COMMISSIONERS PERFORMANCE
is reported to the Shareholders. ASSESSMENT CRITERIA
The performance assessment of the BOC (including
PERFORMANCE ASSESSMENT POLICIES AND the President Commissioner) is conducted using the
PROCEDURES OF THE BOARD OF COMMISSIONERS following criteria:
BOC performance assessment is conducted annually (at 1. Criteria for the Collegial Performance Assessment
least once a year), where every 3 (three) years it will be of the BOC:
carried out by third party. In 2025, the Bank conducted a. Effectiveness of the Role of the BOC.
a third-party performance assessment of the BOC using b. Effectiveness of the Implementation of Duties and
interview and online survey administered to the BOC. Responsibilities.
The assessment process and results are confidential c. Composition of the BOC.
PT BANK CIMB NIAGA TBK 2025 Annual Report 467
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Performance Management Company Management Risk
Highlights Reports Profile Discussion & Analysis Management
d. Effectiveness of Meetings, Work Ethics, and assessment result for the BOC’s implementation of
Dynamics of the BOC. GCG was 4.3 (Outstanding).
e. Implementation of GCG and Sustainability Principles.
f. Effectiveness of the Implementation of Risk Range Table
Management and Internal Control. Range Description
2. Criteria for the Individual Performance
≥ 4.7 Exceptional
Assessment of the BOC:
a. Competency and Capability. 4.0 – 4.6 Outstanding
b. Effectiveness of the Implementation of Duties and 3.7 – 3.9 Exceed Expectation
Responsibilities.
3.0 – 3.6 Meet Expectation
3. Criteria for the Performance Assessment of the
< 3.0 Need Improvement
President Commissioner:
a. Effectiveness of the Implementation of Duties and
Responsibilities. PERFORMANCE ASSESSMENT OF THE BOARD
b. Leadership. OF COMMISSIONERS’ GCG IMPLEMENTATION
Referring to the provisions of OJK Regulation (POJK)
PARTIES PERFORMING THE PERFORMANCE No. 17 of 2023 and OJK Circular Letter (SEOJK) No. 14/
ASSESSMENT OF THE BOARD OF COMMISSIONERS SEOJK.03/2025, which require Commercial Banks to
The parties conducting the performance assessment of conduct self-assessments on the implementation of Bank
the BOC are as follows: Governance, CIMB Niaga conducted an assessment of the
1. Collegial Performance Assessment of the BOC BOC’s aspects in the implementation of GCG for the 2025
Each Commissioner assesses the overall performance financial year. This assessment is part of the Bank’s ongoing
of the BOC on a collegial basis. efforts to ensure the effectiveness of its supervisory role
2. Individual Performance Assessment of Each and alignment with applicable governance principles.
Member of the BOC
Each Commissioner provides an assessment of the PERFORMANCE ASSESSMENT PROCEDURE OF THE
performance of every other Commissioner. BOARD OF COMMISSIONERS
3. Performance Assessment of the President The performance assessment of the BOC is included in
Commissioner the implementation of the GCG self-assessment, which
Each Commissioner conducts an assessment of the is carried out periodically every semester, namely in June
performance of the President Commissioner. and December of the current year.
As part of the enhancement of the BOC performance PERFORMANCE ASSESSMENT CRITERIA OF THE
assessment process, the BOD is involved as respondents BOARD OF COMMISSIONERS
in the survey conducted. The results of the performance The criteria used in assessing the performance of the
assessment are submitted to the Nomination and BOC are structured into the Governance system, which
Remuneration Committee (NRC). Subsequently, the is grouped into 3 (three) assessment aspects, namely
NRC presents and discusses the entire performance Governance Structure, Governance Process, and
assessment results at the BOC meeting. The outcomes Governance Outcome.
of the discussion are followed up through improvements
and/or action plans, where necessary. PARTIES PERFORMING THE ASSESSMENT
The implementation of GCG self-assessment involves the
BOARD OF COMMISSIONERS’ PERFORMANCE BOC, Independent Parties, BOD, Executive Officers, and
ASSESSMENT RESULT IN 2025 independent functions coordinated by the Compliance Unit.
In 2025, the collegial and individual performance
assessment of the BOC generated the following results: BOARD OF COMMISSIONERS PERFORMANCE
Individual ASSESSMENT RESULT IN 2025
Collegial
Performance President
Performance Assessment Commissioner
Assessment (Average)
Self-Assessment Result of the Bank Governance Implementation:
4.5 (Outstanding) 4.7 (Exceptional) 4.6 (Outstanding)
Description Rating
Implementation of Duties and 2 (Good)
Responsibilities of the BOC
The Bank’s commitment to implementing GCG principles
is one of key elements assessed in the collegial
performance assessment of the Board of Commissioners. RECOMMENDATIONS AND FOLLOW-UP
This Assessment ensures that the supervisory function is In 2025, there were no recommendations that had not
carried out effectively and in alignment with established been followed up by the BOC.
governance standards. In 2025, the performance
468 PT BANK CIMB NIAGA TBK 2025 Annual Report
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Supporting Business Corporate Corporate Social Other Financial
Report Governance Responsibilities Corporate Data Statement
PERFORMANCE ASSESSMENT OF THE BOARD OF and will determine performance-based compensation
DIRECTORS (INCLUDING PRESIDENT DIRECTOR) amounts for employees in relevant directorates.
Evaluation of the BOD, including the President Director, in 2. Individual Scorecard as the basis for determining
carrying out their functions, duties and responsibilities is the performance of the BOD, including the President
carried out periodically and reported to the Shareholders. Director individually.
PERFORMANCE ASSESSMENT POLICIES AND Both KPIs were mutually agreed upon by the BOD and
PROCEDURES OF THE BOARD OF DIRECTORS submitted to the Nomination and Remuneration Committee
The policy for assessing the performance of the BOD includes: for recommendations as well as the BOC for approval.
1. Collegial performance assessment of the BOD Subsequently, the Collective Scorecard (including KPI related
carried out at least 1 (once) a year. to Sustainability and Climate opportunities and risk) will be
2. Individual performance assessment of the BOD disseminated to all employees to ensure alignment with the
(including President Director), carried out at least 2 objectives and strategies of the Bank.
(twice) a year.
At the end of the financial year, CIMB Niaga will
The collegial performance assessment of the BOD is carried evaluate the performance assessment of the BOD, both
out through self-assessment via an online survey. The process institutionally (Collective Scorecard) and individually
and results of the performance assessment are carried out (Individual Scorecard). The results will be submitted to the
confidentially and anonymously (independently) and become Nomination and Remuneration Committee for input and
input for continuous improvement of the BOD performance. recommendations before final approval by the BOC.
Every 3 (three) years, the collegial performance assessment of
the BOD is carried out by third party. THE PERFORMANCE ASSESSMENT CRITERIA OF THE
BOARD OF DIRECTORS
In 2025, the Bank conducted a collegial performance assessment The criteria applied in the performance assessment of the
of the BOD, facilitated by an independent third party through BOD (including the President Director) are as follows:
an online survey mechanism. The entire process, including both 1. Collegial Performance Assessment
the execution and the results of the assessment, was carried Collegial assessment criteria include:
out in a confidential and anonymous (independent). The result a. Effectiveness of the BOD Role.
this performance assessment serve as input for improving the b. Effectiveness of the Bank’s Strategy and
BOD future performance. Management Implementation.
c. Composition of the BOD.
The Bank uses Balanced Scorecard approach as the d. Effectiveness of Meeting, Work Ethics, and Dynamics
performance indicator for each member of the BOD of the BOD.
to evaluate their individual performance. The Bank’s e. Implementation of GCG and Sustainability Principles.
aspirations and strategic objectives stated in the Balance f. Effectiveness of Risk Management and Internal
Scorecard are interpreted into a Key Performance Indicator Control Implementation.
(KPI) in accordance with the tasks and responsibilities 2. Individual Performance Assessment of the BOD
of each member of the BOD by considering collegial (bank-wide and individually):
and individual responsibilities, both financially and non- a. Components applied in the performance assessment
financially. CIMB Niaga implements 2 (two) KPIs, namely: of the Directorate and Bank on an institutional/bank-
1. Collective Scorecard as the basis for assessing the wide basis (Collective Scorecard) include:
performance of the directorates and the Bank’s institution
Directorate
Business Unit Business Enabler
Performance
Parameter Consumer Treasury Operations, Compliance,
CIMB Business Sharia Risk Corporate Strategy & Human
Banking & Capital Management Technology,
Niaga Banking* Banking Affairs, & Finance Resource
(Retail) Market Analytics & AI Legal
Purpose Driven 20% 20% 20% 20% 20% 20% 20% 20% 20% 20%
(including Customer
Experience &
Sustainability**
Financial 35% 30% 35% 30% 40% 25% 25% 25% 35% 35%
Risk, Compliance, 25% 25% 25% 20% 20% 10% 15% 10% 15% 15%
Audit
Service Delivery*** - - - - - 25% 10% 20% 5% 15%
Key Focus Areas/ 20% 25% 20% 30% 20% 20% 30% 25% 25% 15%
Projects
*
Business Banking encompasses Corporate Banking, Commercial Banking, and Transaction Banking
**
Includes sustainability and climate opportunities and risks
***
Service Delivery for the Risk Management Directorate and the Compliance, Corporate Affairs & Legal Directorate includes indicators related to the implementation of
risk/compliance across the Bank as a whole
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b. The individual performance evaluation components for each Director, including the President Director (Individual
Scorecard), include:
Directorate
Business Unit Business Enabler
Performance
Parameter Consumer Treasury Operations, Compliance,
CIMB Business Sharia Risk Corporate Strategy & Human
Banking & Capital Management Technology,
Niaga Banking* Banking Affairs, & Finance Resource
(Retail) Market Analytics & AI Legal
Purpose Driven 10% 10% 10% 10% 10% 10% 10% 10% 10% 10%
(including
Customer
Experience &
Sustainability**
Financial 30% 30% 35% 30% 30% 15% 20% 15% 20% 20%
Risk, 25% 25% 20% 20% 20% 15% 15% 25% 15% 15%
Compliance,
Audit
Service - - - - - 10% 10% - 5% 10%
Delivery***
Key Focus 20% 20% 20% 25% 25% 35% 30% 35% 35% 30%
Areas/Projects
People & 15% 15% 15% 15% 15% 15% 15% 15% 15% 15%
Leadership
Development
*
Business Banking encompasses Corporate Banking, Commercial Banking, and Transaction Banking.
**
Includes sustainability and climate opportunities and risks.
***
Service Delivery for the Risk Management Directorate and the Compliance, Corporate Affairs & Legal Directorate includes indicators related to the implementation of
risk/compliance across the Bank as a whole.
PARTIES PERFORMING THE PERFORMANCE BOARD OF DIRECTORS PERFORMANCE
ASSESSMENT OF THE BOARD OF DIRECTORS ASSESSMENT RESULT IN 2025
The parties performing the performance assessment of The results of the collegial performance assessment of
the BOD are as follows: the BOD show that the BOD has carried out its functions
well in managing the Bank. The assessment also reflects
1. Collegial Performance Assessment of the BOD that the BOD has continuously ensured that the Bank’s
Each member of the BOD provides an assessment performance meets the expectations of the shareholders
of the BOD collegial performance. All responses are and all stakeholders.
collected directly online. The results are compiled
and reported to the management of CIMB Niaga. In 2025, the BOD collegial performance assessment
The results of the collegial performance assessment score reached 4.5 (Outstanding). Furthermore, the BOD
of the BOD are discussed in the BOD meeting and assessment of GCG implementation was 4.4 (Outstanding).
subsequently submitted to the NRC and the BOC for
input and approval of the improvement plan (if any). Range Table
Range Description
2. Individual Performance Assessment of the BOD
≥ 4.7 Exceptional
(Bankwide and Individually)
Assessment is conducted by the President Director 4.0 – 4.6 Outstanding
on the performance of each Directorate and each 3.7 – 3.9 Exceed Expectation
member of the BOD. The assessment results of all
3.0 – 3.6 Meet Expectation
Directorates (including the Bank) and all members
< 3.0 Need Improvement
of the BOD individually (including the President
Director) will be discussed by the Nomination
and Remuneration Committee for input and ASSESSMENT OF GCG IMPLEMENTATION AS
recommendations before gaining approval from the ASPECT OF THE BOARD OF DIRECTORS
BOC. In accordance with POJK No. 17 of 2023 and
SEOJK No. 14/SEOJK.03/2025, CIMB Niaga conducted an
As a form of development of the BOD performance assessment of the BOD’s aspects in GCG implementation
assessment process, a third party involved the BOC as in the current fiscal year. These regulations also require
respondents in the survey conducted. Commercial Banks to conduct a self-assessment of the
effectiveness of GCG implementation, so that the quality
470 PT BANK CIMB NIAGA TBK 2025 Annual Report
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of management and supervision can continue to be PARTIES CONDUCTING THE ASSESSMENT
maintained according to established standards. The GCG self-assessment involves the BOC, Independent
Parties, the BOD, Executive Officers, and independent
BOARD OF DIRECTORS’ PERFORMANCE functions, coordinated by the Compliance Unit.
ASSESSMENT IMPLEMENTATION PROCEDURE
Periodically, every semester, CIMB Niaga conducts a BOARD OF DIRECTORS’ PERFORMANCE
performance assessment of the BOD, including a GCG ASSESSMENT RESULTS IN 2025
self-assessment, for the months of June and December CIMB Niaga’s Self-Assessment of Governance Implementation
of the current year.
Description Rating
BOARD OF DIRECTORS’ PERFORMANCE Implementation of Duties and 2 (Good)
Responsibilities of the BOD
ASSESSMENT CRITERIA
The criteria used in the BOD performance assessment
are structured within the Governance system, which RECOMMENDATIONS AND FOLLOW-UP
consists of three assessment aspects: Governance In 2025, there were no recommendations that had not
Structure, Governance Process, and Governance Results. been followed up by the BOD.
Policy on the Diversity of the Board of
Commissioners and the Board of Directors
CIMB Niaga has established a Diversity Policy for the to conduct various development programs, including
Composition of its Board of Commissioners (BOC) and training, workshops, and other relevant activities that
Board of Directors (BOD), which is reviewed on a regular support the effectiveness of the roles of the BOC and the
basis in accordance with the Bank’s Manual Framework BOD in overseeing and managing the Bank.
Policy. This policy also takes into consideration the
applicable regulations in the Capital Market and Banking This diversity policy is also used to guide the succession
sectors that govern the implementation of Good planning of members of the BOD and the BOC. Its
Corporate Governance (GCG). implementation promotes the development of an
adequate talent pool that is consistent with the objectives
Members of the BOC and BOD of CIMB Niaga were and provisions outlined in CIMB Niaga’s Diversity Policy
appointed at the General Meeting of Shareholders (GMS), for the Composition of the BOC and the BOD.
and their composition is fairly diverse, both in terms of
age, educational background, expertise, and experience DIVERSITY IN THE COMPOSITION OF
required to carry out their duties and responsibilities. MEMBERS THE BOARD OF COMMISSIONERS
CIMB Niaga also maintains a diverse range of expertise Aspects of diversity in the composition of the BOC
and experience among its BOC and BOD members, includes:
which includes banking, economics, business, finance, 1. Expertise/Experience/Education, with at least:
governance, human resources, and risk management. a. 1 (one) member who has expertise/work
experience/education in the field of economics/
The combination of these characteristics improves business/finance; and/or
the accuracy and effectiveness of the nomination and b. 1 (one) member who has expertise/work
appointment process for members of the BOC and the experience/ education in the banking industry;
BOD, both individually and collectively. The identification and
of competencies is carried out by considering the c. 1 (one) member who has expertise/work
educational background, professional experience, experience/education in the field of risk
and training history of each member. As a follow-up to management.
further strengthen competencies, CIMB Niaga continues
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2. Nationality c. 1 (one) member who has expertise/work
Majority (more than 50% (fifty percent)) of the BOC experience/education in finance/accounting.
members shall be Indonesian citizens. 2. Nationality
3. Gender Majority (more than 50% (fifty percent)) of members
Consider gender diversity among members of the of the BOD shall be Indonesian citizens.
BOC. 3. Gender
4. Age Consider gender diversity among members of the
Members of the BOC shall be diverse in age level. BOD, with at least 1 (one) female or male member.
5. Independence 4. Age
a. A minimum of 50% (fifty percent) of members of Members of the BOD shall be diverse in age level.
the BOC are Independent Commissioners. 5. Independence
b. The term of office of an Independent The President Director shall be independent from the
Commissioner is 2 (two) consecutive terms, or a Bank’s Controlling Shareholders.
maximum of 9 (nine) years.
ACHIEVEMENT OF DIVERSITY IN THE
DIVERSITY IN THE COMPOSITION OF MEMBER COMPOSITION OF THE BOARD OF
THE BOARD OF DIRECTORS COMMISSIONERS AND BOARD OF DIRECTORS
Aspects of diversity in the composition of members of In 2025, the composition of CIMB Niaga’s BOC and
the BOD include: BOD met the diversity requirement set by prevailing
1. Expertise/Experience/Education, having at least: regulations and was aligned with the Bank’s strategy,
a. 1 (one) member who has expertise/work Vision, and Mission. Such diversity is reflected in various
experience/education in the banking industry or dimensions that contribute to the effectiveness of the
the economy/business, Bank’s oversight and management functions. The Bank’s
b. 1 (one) member who has expertise/work BOC and BOD have diverse compositions, as shown
experience/education in the field of risk below:
management,
Age of the Board of Commissioners Age of the Board of Directors
(%) (%)
10
29 29 30
40-49 years old 40-49 years old
50-59 years old 50-59 years old
60-69 years old 60-69 years old
60
43
Gender of the Board of Commissioners Gender of the Board of Directors
(%) (%)
20
43
Male Male
Female Female
57
80
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Nationality of the Board of Commissioners & the Board of Education of the Board of Commissioners & the Board of
Directors Directors
(member) (member)
6 9 1 1 0 3 7 7
Board of Board of
Commissioners Commissioners
Board of Directors Board of Directors
Indonesia Malaysia Bachelor Post-Graduate
Expertise of the Board of Commissioners & the Board of
Independence of the Board of Commissioners Directors
(%) (member)
1
1
1 Business
Risk Management
43 Non-Independent
Commissioners 8 Economy
Independent
Commissioners Information Technology
57
5
Medical
Law
1
A diverse work experience of the Commissioners, among others:
1. Members of the BOC and/or BOD and/or Officials Chief or Senior Executives or other key positions in national and
multinational financial and non-financial institutions.
2. Officials Chief or Member/Chairman of Committee/Special Team or Special Staff or persons who hold other important
positions in Government Institutions, such as IBRA, Ministry of Finance, and Bank Indonesia.
3. Lecturers and Vice Deans of leading universities both at home and overseas.
A diverse work experience of the Directors, among others:
Work 1. Members of the BOD of national and multi-national financial and non-financial institutions.
Experience
2. Hold important positions in national and foreign banks, including, Chief of Corporate Banking & Financial Institution, Chief
of Transaction Banking, Chief Risk Officer, Chief Human Resources Officer, Head of Finance and Planning, Head of Trading
& Structuring, Head of Treasury, Head of Financial Institutions Credit, Consumer Banking Country Head, Head of Network,
Chief of Syariah Banking, Operations & Technology Head, and others.
3. Founder and Senior Partner in a Law Firm.
4. Auditor.
All members of the BOD have working experience in banking.
- All Independent Commissioners have served less than 9 (nine) years.
Independency - All BOD members has no affiliation with other fellow BOD members, BOC members and the Ultimate and Controlling
Shareholder of the Bank.
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Nomination and Remuneration Policy
NOMINATION POLICY a. Proposals for the termination and/or replacement
of the BOC members submitted to the GMS must
MECHANISM OF NOMINATION, APPOINTMENT, be based on recommendations from the Bank’s
TERMINATION, REPLACEMENT, AND/OR Nomination and Remuneration Committee.
RESIGNATION OF MEMBERS OF THE BOARD OF b. Members of the BOC may be terminated at any
COMMISSIONERS time based on a GMS resolution, with stating the
The Bank’s Nomination Policy No. M.04 regulates the reasons.
process for the selection, appointment, termination, c. Termination or replacement of Independent
and/or replacement of members of the Board of Commissioners prior to the end of their term
Commissioners (BOC), the Board of Directors (BOD), and of office must obtain OJK approval before being
Independent Parties, as follows: decided at the GMS.
1. Criteria for Members of BOC d. Members of the BOC have the right to resign from
Candidates for membership of the CIMB Niaga their positions by submitting a written notice,
BOC must, at least, meet the requirements relating stating the reasons for resignation, no later than
to integrity, competence, and good reputation, as 90 (ninety) days or 3 (three) months prior to the
stipulated under prevailing laws and regulations. effective resignation date. If written notification is
2. Selection Procedures of the Members of the BOC submitted less than 90 (ninety) days in advance,
a. The Bank may engage independent third-party the effective resignation date must obtain
services (search firms) with good reputations approval from the BOC.
in the selection process for BOC candidates. e. In the event a that a position of a member of the
Such appointed search firms assist the selection BOC becomes vacant, resulting in the number of
process by: members of BOC falling below 3 (three) members,
i. Identifying candidates who meet the a GMS must be held within a maximum of 60
requirements; (sixty) calendar days after the vacancy occurs to
ii. Conducting interviews and candidate selection fill such vacancy, in accordance with prevailing
(including background and reference checks); laws and regulations.
iii. Acting as a liaison between the BOC, the f. If the position of President Commissioner is vacant
Nomination and Remuneration Committee, and a replacement has not been appointed or has
and candidates throughout the selection and not assumed the position, then one of member
evaluation process; and of the BOC appointed by BOC meeting, shall carry
iv. Providing necessary consultations to the out the duties of the President Commissioner,
Nomination and Remuneration Committee. with the same authority and responsibilities as
the President Commissioner.
b. Members of the BOD, the BOC, and/or the Bank’s
Shareholders may also propose candidates for the MECHANISM OF NOMINATION, APPOINTMENT,
BOC. Shareholders eligible to propose candidates TERMINATION, REPLACEMENT, AND/OR
are 1 (one) or more shareholders representing RESIGNATION OF MEMBERS OF THE BOARD OF
at least 1/20 (one-twentieth) or more of the total DIRECTORS
voting shares. The Bank’s Nomination Policy No. M.04 also regulates
3. Appointment Procedures for Members of the BOC, the process for the selection, appointment, termination,
including the appointment of members of the BOC and/or replacement of members of the BOD, as follows:
must obtain approval from the General Meeting of 1. Criteria for Members of BODs
Shareholders (GMS) and successfully passing the Fit Candidates of CIMB Niaga’s BOD members must
and Proper Test as per the POJK on Fit and Proper meet the requirements and criteria stipulated under
Tests and the Implementation of Good Governance prevailing laws and regulations, including integrity,
for Commercial Banks, as well as fulfillment of other competence, reputation, domicile, independence,
requirements stipulated by relevant authorities, prior and other specific criteria in accordance with the
to being declared effective. relevant Director’s functional area.
4. Procedures for Termination, Replacement, and/or
Resignation of the BOC members include:
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2. Selection Procedures for Members of the BOD, d. Members of the BOD may resign by submitting
including: written notification stating the intention and
a. Candidates are prioritized from internal talent reasons for resignation to the Bank no later than
with the potential to become members of the 90 (ninety) days or 3 (three) months prior to the
Bank’s BOD; however, candidates may also be effective resignation date.
sourced from external professionals.
b. The Bank may engage independent third-party REMUNERATION POLICY
search firms with good reputations to assist in the The Bank has a Risk-Based Remuneration Policy No.
Director selection process, including: A.06.02, which has been updated on 15 December
i. Identifying qualified candidates; 2023, taking into account prevailing regulations and the
ii. Conducting interviews and candidate Remuneration Policy for the BOC, the Sharia Supervisory
assessments (including background and Board (SSB), the BOD, and Board-level Committees No.
reference checks); A.06.25. The Bank designs its remuneration policy to
iii. Acting as a liaison between the BOC, the promote a competitive, fair, and balanced remuneration
Nomination and Remuneration Committee, system, in accordance with applicable laws and
and candidates during the selection and regulations, including OJK Regulation (POJK) No. 45/
evaluation process; and POJK.03/2015 regarding Implementation of Governance
iv. Providing consultations as required by the in the Provision of Remuneration for Commercial
Nomination and Remuneration Committee. Banks, OJK Circular Letter (SEOJK) No. 40/SEOJK.03/2016
c. Members of the BOD, the BOC, and/or the Bank’s regarding Implementation of Governance in the Provision
Shareholders may propose candidates for the of Remuneration for Commercial Banks, and POJK No.
BOD. Eligible shareholders are 1 (one) or more 59/POJK.03/2017 regarding Governance Implementation
shareholders representing at least 1/20 (one- in the Provision of Remuneration for Sharia Commercial
twentieth) or more of the total voting shares. Banks, and Sharia Business Units.
3. Appointment Procedures for Members of the BOD,
including: the appointment of members of the BOD The Bank also ensures that no individual receives
must obtain approval from the GMS and pass the Fit compensation below the provisions set by the
and Proper Test conducted by OJK and/or fulfill other government. In formulating remuneration policies and
requirements stipulated by relevant authorities prior benchmarks, CIMB Niaga engages the services of an
to being declared effective. independent external consultant, to ensure that the
4. Procedures for Termination, Replacement, and/or Bank’s remuneration remains competitive, fair, and
Resignation of Members of the BOD, include: balanced.
a. Proposals for the termination and/or replacement
of members of the BOD submitted to the GMS OBJECTIVES AND BACKGROUND
must consider recommendations from the The Bank implements a remuneration policy that covers
Nomination and Remuneration Committee. all levels of the organization, including the BOC, BOD
b. Members of the BOD may be terminated at any and all employees, whether mandatory or additional, in
time based on a GMS resolution, with reasons line with applicable laws and regulations. The important
stated. objectives in implementing the remuneration policy are to
c. Termination or replacement of the President attract, motivate, and retain the best employees in order
Director and/or Directors responsible for the to provide high-quality human resources. In addition, in
compliance function prior to the end of their term facing global competition and labor market dynamics,
of office must obtain OJK approval before being a competitive remuneration policy is one of the keys to
decided at the GMS. supporting the achievement of the Bank’s goals.
The policy is also developed with various considerations
that include short-term and long-term liquidity needs,
capital adequacy, financial stability aspects, the
effectiveness of risk management, and potential future
income.
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RISK-BASED REMUNERATION POLICY REVIEW AND INDEPENDENCE IN THE
The Bank implements a remuneration strategy that is IMPLEMENTATION OF REMUNERATION POLICY
accompanied by an evaluation of short-term and long- To ensure independence in remuneration determination,
term performance, risks faced, and empowerment. the Bank conducts periodic performance evaluations
The Bank implements policies and procedures for and remuneration reviews under the oversight of
implementing benefit programs as an integral part of the Nomination and Remuneration Committee. The
the remuneration strategy, taking into account relevant process is carried out objectively and systematically in
risk profiles. The main types of risks in the remuneration accordance with good governance principles, ensuring
policy are adjusted to a review of the Bank’s risk profile, that remuneration decisions are free from conflicts of
which is determined annually by observing the market interest and support the Bank’s long-term objectives.
conditions, industry developments, performance, certain
job positions, and the Bank’s financial capabilities. The In reviewing the remuneration policy, the Bank considers,
main risk profile has an impact on the implementation of among others:
variable remuneration. 1. Performance and financial conditions of the Bank
2. Employee competence and performance (meritocracy)
CIMB Niaga’s risk-related remuneration policy regulates 3. Market competitiveness in remuneration practices
the following matters: 4. Suitability and appropriateness based on position/role
1. Prudent principles in risk-based remuneration. 5. Internal equity
2. Implementation of variable remuneration according 6. Risk level of the position
to the provisions of regulators related to remuneration 7. Long-term strategy of the Bank
for Commercial Banks and Sharia Business Units.
Bank reviews and communicates the Wage Structure
PERFORMANCE MEASUREMENT STANDARDS and Wage Scale (WSWS) periodically in accordance with
ALIGNING PERFORMANCE-BASED REMUNERATION Government Regulation of the Republic of Indonesia No.
OF THE BOARD OF DIRECTORS WITH THE 36 of 2021 regarding Wages (including its amendments)
COMPANY’S LONG-TERM INTERESTS and Minister of Manpower Regulation No. 1 of 2017
The Bank applies performance measurement standards regarding Wage Structure and Wage Scale. In addition,
for the BOD designed to ensure that remuneration is the Bank has implemented a remuneration policy by
aligned with the Bank’s long-term interests. Performance taking into account POJK No. 45/POJK.03/2015, POJK
is measured through a balanced scorecard that No. 59/POJK.03/2017 and SEOJK No. 40/SEOJK.03/2016
assesses financial, operational, risk management, regarding Implementation of Governance in the
compliance, digital transformation, sustainability, and Provision of Remuneration for Commercial Banks and
the achievement of long-term strategic initiatives. This Sharia Business Units.
approach ensures that the performance of the BOD is
evaluated not only on short-term results, but also on DETERMINATION OF MATERIAL RISK TAKERS
sustained contributions to the Bank’s stability, growth, Material Risk Taker (MRT) is a position with responsibilities
and enterprise value. that affect the Bank’s main risk profile, which will be
determined in accordance with the risk profile evaluation
Alignment between the remuneration of the BOD and determined by the Bank each year. The Bank reviews
the Bank’s long-term objectives is achieved through the MRT position each year with the criteria used in
a combination of fixed and variable remuneration determining the MRT position, including:
components. Variable remuneration is awarded based on 1. Based on level/grade: Senior Management or
annual performance achievements and comprehensive Executive Officer.
evaluations that take into account business sustainability, 2. Based on the role of position: holding a fiduciary
risk-adjusted performance, regulatory compliance, and responsibility or a critical position responsible
the quality of governance. Through this mechanism, the for making strategic decisions that can influence
Bank ensures that its remuneration policy promotes the Bank’s risk profile (credit, market, liquidity,
prudent, long-term-oriented behavior and delivers operational, legal, reputation, strategic, compliance)
sustainable value creation for shareholders and all or a position in a business unit (revenue/income
stakeholders. generator of the Bank).
Variable remuneration payments for MRT must be
deferred by a certain percentage as applied by the Bank
with deferral period of 3 (three) years. The deferral period
applies equally to all MRTs.
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Under certain conditions, the Bank may also deferred the 2. Conditions of national economy and industry
payment (malus) or withdraw the variable remuneration benchmark;
(tantiem/bonuses) that has been paid (clawback) to the 3. The overall performance achievements of CIMB
MRT. Niaga, including financial performance and the Bank’s
soundness level;
PERFORMANCE AND RISK-BASED REMUNERATION 4. Consideration of CIMB Niaga’s long-term goals and
DETERMINATION strategies;
In determining the remuneration scheme, particularly 5. Risks that may arise in the future, which may causing
the variable components, the Bank takes into account losses for CIMB Niaga.
its key risk profile for 2025 as the basis for establishing
Key Performance Indicators (KPIs) for all business units Detailed information of the performance indicators of
and business enablers. These KPIs serve as one of the the BOD are described in the Performance Assessment
key factors in decisions on the granting of variable section of the BOC and BOD in this Annual Report.
remuneration, thereby ensuring that the performance
measured reflects sound, sustainable contributions and Performance Measurement Indicators in
is aligned with the Bank’s risk appetite. Determining the Remuneration of the Employee
Employee remuneration is based on meritocratic
Performance assessments are conducted based on KPIs principles, by considering:
approved at the beginning of the year, in line with the 1. The Bank’s financial capacity;
Bank’s strategic objectives and with due consideration 2. The Bank’s performance;
given to risk, compliance, and GCG principles. Through 3. Directorate/unit performance based on KPIs;
this approach, the Bank ensures that its remuneration 4. Individual employee performance based on individual
structure promotes prudent and accountable behavior KPIs; and
and is oriented toward long-term value creation. 5. Adoption of the Bank’s core values by employees.
The determination of remuneration levels, particularly REMUNERATION OF THE BOARD OF
variable remuneration and individual performance COMMISSIONERS, SHARIA SUPERVISORY BOARD,
outcomes, is reviewed annually and serves as the basis AND BOARD OF DIRECTORS
for the Bank in determining bonuses, promotions, grade
reviews, and salary increases. Policy for Determining Remuneration for the
Board of Commissioners, Sharia Supervisory
Performance Measurement Indicators in Board, and Board of Directors
Determining the Remuneration of the Members The Bank determines the structure, policies, and amounts
of the Board of Directors of remuneration for members of the BOC, the SSB, and
Indicators for determining the remuneration of the the BOD by considering their respective scopes of duties,
members of the BOD include: authorities, performance, and responsibilities, as well
1. Performance achievement of each Director with as industry fairness benchmarks (peer groups) and the
indicators including finance, risk management Bank’s financial capacity and condition.
implementation, governance and compliance,
customer experience, key focus area and
sustainability;
Remuneration of the
Board of Commissioners GMS
BOC/SSB/BOD
2 3
The BOC proposes to Follow-up by the BOD
1 the GMS
Nomination and
Remuneration Committee
The Nomination and
Remuneration Committee provides
recommendations and suggestions
to the BOC
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1. The Nomination and Remuneration Committee Remuneration Structure of the Board of
discusses the remuneration of the BOC, SSB and Commissioners
BOD by considering information on the range and Based on the resolution of the 2025 Annual General
standard of remuneration with similar industries Meeting of Shareholders (AGMS), the remuneration
(peer group) in the market and the Bank’s capabilities. structure of the BOC consists of honoraria, meeting
The Nomination and Remuneration Committee allowances, position allowances, transportation
provides recommendations to be discussed in the allowances, religious holiday allowances, year-end
BOC Meeting; allowances, as well as other facilities such as healthcare,
2. The BOC studies the recommendations from the communication, and club membership facilities. All
Nomination and Remuneration Committee, to be members of the CIMB Niaga BOC (including Independent
further proposed to the GMS; and Commissioners) do not receive variable remuneration
3. The GMS determines the remuneration: in any form (shares or bonuses), whether in the form
• for the BOC and SSB, to be further implemented of performance-based or non-performance-based
according to the determination by the BOD. bonuses/shares, or stock options.
• for the BOD, by granting authority to the BOC to set
the remuneration of the BOD, by considering the The remuneration structure and other facilities provided
recommendations submitted by the Nomination to members of the CIMB Niaga BOC over the last 2 (two)
and Remuneration Committee, to be implemented years are as follows:
by the BOD, as determined by the BOC.
1. REMUNERATION PACKAGE AND OTHER FACILITIES RECEIVED BY THE BOARD OF COMMISSIONERS
Total Amount Received by the Independent Commissioner in 1 Year
Types of Remuneration and Other Facilities 2025 2024
Person Rp (Million) Person Rp (Million)
Remuneration (salary, routine allowances, and other non-monetary
4 19,219 5 *
16,819
benefits)
Other benefits in in-kind form (housing, transportation, health
- - - -
insurance, etc.) that:
a. Can be owned - - - -
b. Cannot be owned 4 172 5 *
246
Total 4 19,391 5* 17,065
*
Includes remuneration of Independent Commissioners whose term of office has ended.
Total Amount Received by the
Non-Independent Commissioner in 1 Year
Types of Remuneration and Other Facilities 2025 2024
Person Rp (Million) Person Rp (Million)
Remuneration (salary, routine allowances, and other non-monetary
3 8,828 4* 9,157
benefits)
Other benefits in in-kind form (housing, transportation, health
- - - -
insurance, etc.) that:
a. Can be owned - - - -
b. Cannot be owned 1 5 1* 13
Total 3 8,834 4* 9,170
*
Includes remuneration of Independent Commissioners whose term of office has ended.
Number of Independent Number of Non-Independent
Commissioners Commissioners
Remuneration per Person
2025 2024* 2025 2024*
Above Rp5 billion 2 - 1 -
Above Rp2 billion to Rp5 billion 2 3 - 2
Above Rp1 billion to Rp2 billion - 1 2 1
Above Rp500 million to Rp1 billion - - - -
Below Rp500 million - - - -
*
Includes remuneration for members of the BOC whose term of office has ended.
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2. VARIABLE REMUNERATION FOR THE BOARD OF COMMISSIONERS
Amount Received in 1 Year
Independent Commissioner Non-Independent Commissioner
Variable Remuneration*
2025 2024 2025 2024
Person Rp (Million) Person Rp (Million) Person Rp (Million) Person Rp (Million)
Total Nil Nil Nil Nil Nil Nil Nil Nil
*
Performance and risk-based remuneration (including tantiem/bonus).
Remuneration Structure of the Sharia Supervisory Board
Based on the resolution of the 2025 AGMS, the SSB’s remuneration structure consists of an honorarium, meeting allowances,
holiday allowances, year-end allowances, and communication facilities. All members of the CIMB Niaga SSB do not receive
variable remuneration (stocks or bonuses, whether performance bonuses, non-performance bonuses, or stock options).
The remuneration structure and other benefits for CIMB Niaga SSB members over the past two years are as follows:
1. REMUNERATION PACKAGE AND OTHER FACILITIES RECEIVED BY THE SHARIA SUPERVISORY BOARD
Total Amount Received by the Sharia Supervisory Board in 1 Year
Types of Remuneration and Other Facilities 2025 2024
Person Rp (Million) Person Rp (Million)
Remuneration (salary, routine allowances, and other non-monetary
3 2,549 3 2,527
benefits)
Other benefits in in-kind form (housing, transportation, health
- - - -
insurance, etc.) that:
a. Can be owned - - - -
b. Cannot be owned - - - -
Total 3 2,549 3 2,527
Number of Members of the Sharia Supervisory Board
Remuneration per Person
2025 2024
Above Rp5 billion - -
Above Rp2 billion to Rp5 billion - -
Above Rp1 billion to Rp2 billion - -
Above Rp500 million to Rp1 billion 3 3
Below Rp500 million - -
2. VARIABLE REMUNERATION FOR THE SHARIA SUPERVISORY BOARD
Total Amount Received by the Sharia Supervisory Board in 1 Year
Variable Remuneration *
2025 2024
Person Rp (Million) Person Rp (Million)
Total Nil Nil Nil Nil
*
Performance and risk-based remuneration (including tantiem/bonus).
Remuneration Structure of the Board of Directors
Based on the resolutions of the 2025 AGMS, the BOD remuneration structure consists of a base salary, transportation
allowance, housing allowance, holiday allowance, year-end allowance, performance bonus, and other benefits such as
healthcare, communication, and club membership. All Directors do not receive non-performance bonuses. Detailed
information on the remuneration structure and other benefits for CIMB Niaga’s BOD over the past two years is as
follows:
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1. REMUNERATION PACKAGE AND OTHER FACILITIES RECEIVED BY THE BOARD OF DIRECTORS
Total Amount Received by the Board of Directors in 1 year
Types of Remuneration and Other Facilities 2025* 2024
Person Rp (Million) Person Rp (Million)
Remuneration (salary, routine allowances, and other non-monetary
11 81,111 10 78,110
benefits)
Other benefits in in-kind form (housing, transportation, health
- - - -
insurance, etc.) that:
a. Can be owned - - - -
b. Cannot be owned 11 4,354 10 3,839
Total 11 85,465 10 81,949
*
Including 1 Director who has resigned.
Number of Members of the Board of Directors
Remuneration per Person
2025* 2024
Above Rp5 billion 10 10
Above Rp2 billion to Rp5 billion - -
Above Rp1 billion to Rp2 billion 1 -
Above Rp500 million to Rp1 billion - -
Below Rp500 million - -
*
Including 1 Director who has resigned.
2. VARIABLE REMUNERATION FOR THE BOARD OF DIRECTORS
Jumlah Diterima dalam 1 Tahun oleh Direksi
Variable Remuneration *
2025 **
2024
Person Rp (Million) Person Rp (Million)
Total 11 133,391 10 151,782
*
Performance and risk-based remuneration (including tantiem/bonus).
**
Including 1 Director who has resigned.
STOCK OPTIONS HELD BY THE BOARD OF COMMISSIONERS, BOARD OF DIRECTORS, AND EXECUTIVE OFFICERS
In 2025, no CIMB Niaga stock options were held by members of the BOC, BOD or Executive Officers.
HIGHEST AND LOWEST SALARY RATIO
Ratio 2025 2024
Highest and lowest salary ratio of the employees 102.57 : 1 104.70 : 1
Highest and lowest salary ratio of the Board of Directors 2.02 : 1 2.14 : 1
Highest and lowest salary ratio of the Board of Commissioners 1.3 : 1 1.82 : 1
Highest salary ratio of the Board of Directors and highest employee 2.37 : 1 2.47 : 1
VARIABLE REMUNERATION FOR EMPLOYEES
Total Amount received by Employees in 1 year
Variable Remuneration 2025 2024
Person Rp (Million) Person Rp (Million)
Total 7,412 567,600 7,985 601,633
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FIXED AND VARIABLE REMUNERATIONS FOR MATERIAL RISK TAKERS (MRT)
A. Fixed Remuneration 2025 2024
1. Cash (Rp million) 121,369 117,442
2. Shares/Share-based instruments issued by the Bank (Rp million) - -
2025 2024
B. Variable Remuneration
Non-Deferred Deferred Non-Deferred Deferred
1. Cash (Rp million) 65,028 20,871 85,658 27,649
2. Shares/Share-based instruments issued by the Bank (Rp million 69,769 38,711 90,469 4,479
QUANTITATIVE INFORMATION FOR PARTIES CATEGORIZED AS MRT
2025 2024
Type of Variable Total Reduction during Reporting Period Total Reduction during Reporting Period
Remuneration Remaining Remaining
Deferred
Amount Due to Explicit Due to Implicit Deferred Amount Due to Explicit Due to Implicit
Adjustment (A) Adjustment (B) Total (A+B) Adjustment (A) Adjustment (B) Total (A+B)
1. Cash 28,788 840 - 840 31,424 - - -
(Rp million)
2. Shares/stock-based 1,799,074 32,714 - 32,714 4,603,525 - - -
instrument issued shares shares shares shares
by the Bank (in (Rp41,697) (Rp626) (Rp626) (Rp12,623)
shares and millions
of Rupiah, which is
conversion from the
shares)
Total (Rp million) 70,700 1,466 - 1,466 44,047 - - -
TOTAL SEVERANCE PROVIDED FOR EMPLOYEES AFFECTED BY TERMINATION AND THE TOTAL AMOUNT PAID
Number of Employees
Severance Paid per Employee within 1 (one) Year
2025 2024
Above Rp1 billion 3 3
Above Rp500 million to Rp1 billion 1 10
Below Rp500 million 74 62
Ultimate and Controlling Shareholders
Information on Ultimate Shareholders and Controlling Shareholders is presented in the Company Profile Chapter of
this Annual Report.
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Affiliated Relationships of the Board of
Commissioners, Sharia Supervisory Board, Board of
Directors and Controlling Shareholders
The majority members of CIMB Niaga’s Board of Commissioners (BOC), Sharia Supervisory Board (SSB), and Board of
Directors (BOD) have no affiliation relationships, either in the form of family relationships up to the second degree or
financial relationships, with members of the BOC, SSB, other BOD, or Controlling Shareholders. Less than 50% (fifty
percent) of the BOC’s members, specifically the Non-Independent Commissioners, have financial affiliation relationships
with the Bank’s Controlling Shareholders. Nevertheless, all forms of affiliation relationships held by members of the BOC,
SSB, and BOD remain within the framework of prevailing laws and regulations and do not impair the independence of
the Bank’s supervisory functions and decision-making processes.
BOARD OF COMMISSIONERS
AFFILIATED RELATIONSHIP WITH FELLOW MEMBERS OF THE BOARD OF COMMISSIONERS, MEMBERS
OF THE SHARIA SUPERVISORY BOARD, MEMBERS OF THE BOARD DIRECTORS, AND CONTROLLING
SHAREHOLDERS
Family Relationship up to the Second Degree with Financial Relationship with
Sharia Sharia
Board of Board of Controlling Board of Board of Controlling
Name Position Supervisory Supervisory
Commissioners Directors Shareholders Commissioners Directors Shareholders
Board Board
Yes No Yes No Yes No Yes No Yes No Yes No Yes No Yes No
Didi President - √ - √ - √ - √ - √ - √ - √ √ -
Syafruddin Commissioner
Yahya
Glenn M. S. Vice President - √ - √ - √ - √ - √ - √ - √ - √
Yusuf Commissioner
(Independent)
Sri Independent - √ - √ - √ - √ - √ - √ - √ - √
Widowati Commissioner
Vera Commissioner - √ - √ - √ - √ - √ - √ - √ √ -
Handajani
Farina J. Independent - √ - √ - √ - √ - √ - √ - √ - √
Situmorang Commissioner
Dody Budi Independent - √ - √ - √ - √ - √ - √ - √ - √
Waluyo Commissioner
Novan Commissioner - √ - √ - √ - √ - √ - √ - √ √ -
Amirudin
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BOARD OF DIRECTORS
AFFILIATED RELATIONSHIPS WITH FELLOW MEMBERS OF THE BOARD OF DIRECTORS, MEMBERS OF
THE BOARD OF COMMISSIONERS, MEMBERS OF THE SHARIA SUPERVISORY BOARD AND CONTROLLING
SHAREHOLDERS
Family Relationship up to the Second Degree with Financial Relationship with
Sharia Sharia
Board of Board of Controlling Board of Board of Controlling
Name Position Supervisory Supervisory
Commissioners Directors Shareholders Commissioners Directors Shareholders
Board Board
Yes No Yes No Yes No Yes No Yes No Yes No Yes No Yes No
Lani President - √ - √ - √ - √ - √ - √ - √ - √
Darmawan Director
Lee Kai Strategy - √ - √ - √ - √ - √ - √ - √ - √
Kwong & Finance
Director
John Simon Treasury - √ - √ - √ - √ - √ - √ - √ - √
& Capital
Markets
Director
Fransiska Compliance, - √ - √ - √ - √ - √ - √ - √ - √
Oei Corporate
Affairs
& Legal
Director
Pandji P. Sharia - √ - √ - √ - √ - √ - √ - √ - √
Djajanegara Banking
Director
Henky Risk - √ - √ - √ - √ - √ - √ - √ - √
Sulistyo Management
Director
Joni Raini Human - √ - √ - √ - √ - √ - √ - √ - √
Resources
Director
Rusly Business - √ - √ - √ - √ - √ - √ - √ - √
Johannes Banking
Director
Noviady Consumer - √ - √ - √ - √ - √ - √ - √ - √
Wahyudi Banking
Director
Rico Operations, - √ - √ - √ - √ - √ - √ - √ - √
Usthavia Technology,
Frans Analytics & AI
Director
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Committees at the Board of Commissioners Level
AUDIT COMMITTEE
The Audit Committee plays a critical role in assisting the AUDIT COMMITTEE CHARTER
Board of Commissioners (BOC) through the review and In carrying out its duties and responsibilities, the Audit
clarification of financial information, as well as providing Committee refers to the Audit Committee Charter,
recommendations for selecting, appointing, and supervising which serves as the primary guideline to ensure the
the work of independent auditor. The Committee also effectiveness of its oversight function. The Charter is
evaluates the effectiveness of the internal audit function and reviewed and updated periodically to remain aligned
monitors the adequacy of the Bank’s internal control system. with prevailing regulations and CIMB Niaga’s governance
needs. The most recent update to the Audit Committee
In addition, the Audit Committee performs oversight Charter was conducted on 17 December 2024 and has
of CIMB Niaga’s compliance with prevailing laws and been published on CIMB Niaga’s official website. The
regulations, ensuring that all operational activities are Charter governs, among others:
conducted in alignment with established good corporate 1. Objectives
governance standards. 2. Composition, structure, term of office, and
membership
LEGAL BASIS 3. Membership requirements
The establishment of the Audit Committee refers to the 4. Duties and responsibilities
following regulations: 5. Authorities
1. Otoritas Jasa Keuangan (OJK) Regulations and 6. Meeting procedures and governance
Circulars Letter of OJK, regarding the Implementation 7. Reporting
of Governance for Commercial Banks and Sharia 8. Handling of complaints or reports related to alleged
Business Units, the Establishment and Guidelines violations concerning financial reporting
for the Implementation of the Audit Committee’s 9. Ethics and working hour
Work, the Implementation of Internal Audit Functions
in Commercial Banks, the Board of Directors TERM OF OFFICE
(BOD) and BOC of Issuers or Public Companies, In accordance with POJK No. 17 of 2023 and the Audit
the Implementation of Information Technology by Committee Charter, the term of office of Audit Committee
Commercial Banks, the Implementation of Compliance members shall not exceed the term of office of the BOC
Functions of Commercial Banks, the Use of Public and may be reappointed for 1 (one) subsequent term
Accountant Services and Public Accounting Firms in only. The term of office of Audit Committee members
Financial Services Activities, Affiliated Transactions appointed during the tenure of the BOC shall expire at
and Conflicts of Interest in Certain Transactions, and the end of the BOC’s term.
the Integrity of Bank Financial Reporting.
2. The Articles of Association of CIMB Niaga. AUDIT COMMITTEE MEMBERSHIP,
3. Global Internal Audit Standards issued by The STRUCTURE, AND COMPOSITION
Institute of Internal Auditors. The number, structure, composition, and independence
4. ASEAN Corporate Governance Scorecard. of all Audit Committee members have complied
5. CIMB Niaga’s Corporate Policy Manual. with prevailing regulations as stipulated in the Audit
6. The Charter of the BOC of CIMB Niaga. Committee Charter. In 2025, the Audit Committee of
CIMB Niaga consisted of 4 (four) members, comprising
2 (two) Independent Commissioners and 2 (two)
Independent Parties, all of whom possess the requisite
expertise, competence, and qualifications in accounting,
finance, and banking, as follows:
COMPOSITION OF AUDIT COMMITTEE MEMBERS IN 2025
No Name Position in Bank Position in Committee Term of Office
1 Dody Budi Waluyo Independent Commissioner Chairman 2024 – 2027
2 Glenn M. S. Yusuf Vice President Commissioner (Independent) Member 2024 – 2027
3 Endang Kussulanjari S. Independent Party Member 2024 – 2027
4 Angelique Dewi Daryanto Independent Party Member 2025 - 2028
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PROFILE OF AUDIT COMMITTEE MEMBERS
Appointed for the first time as Chairman of the Audit Committee, effective 21 August 2024, concurrently
serving as Chairman of the Integrated Governance Committee and a Member of the Risk Oversight
Committee.
He also serves as an Independent Commissioner.
His complete profile is presented in the Profile of the Board of Commissioners.
Legal Basis for Appointment as Chairman of the Audit Committee
Circular Resolution of BOD No. 002/SIR/DIR/IV/2024 dated 18 April 2024.
Dody Budi Waluyo
Chairman of Audit Committee
Appointed for the first time as a Member of the Audit Committee effective 21 October 2022 and
reappointed on 18 April 2024, concurrently serving as Chaiman of the Risk Oversight Committee and as
a Member of the Nomination and Remuneration Committee.
He also serves as Vice President Commissioner (Independent).
His complete profile is presented in the Profile of the Board of Commissioners.
Legal Basis for Appointment as a Member of the Audit Committee
Circular Resolution of BOD No. 002/SIR/DIR/IV/2024 dated 18 April 2024.
Glenn M. S. Yusuf
Member of Audit Committee
Appointed for the first time as Member of Audit Committee 9 April 2020 and reappointed 18 April
2024,concurrently as a Member of the Integrated Governance Committee.
Educational Master of Arts, University of Colorado Boulder, Colorado – USA (1987)
Background & Bachelor of Economics from Gadjah Mada University, Yogyakarta, Indonesia (1981)
Professional Level 7 Risk Management Certification
Certifications
Work Commissioner at PT Pefindo Biro Kredit (2016 - August 2022).
Experiences Deputy Commissioner of Internal Audit, Risk Management, and Quality Control
(AIMRPK) at the Financial Services Authority (2015-2016).
Deputy Commissioner of DKB2, Financial Services Authority, for Bank Supervision
(2014-2015).
Assistant Governor of Bank Indonesia for Bank Supervision (May-December 2013).
From 1998 to 2013, she held various senior positions at Bank Indonesia, including
Head of Bank Supervision, Deputy Director of Bank Supervision 1, Deputy Director
Endang Kussulanjari S. of Bank Inspection 1, Deputy Director of Bank Supervision 3, Head of the Bank
Member of Audit Committee Indonesia Yogyakarta Office, Senior Principal Researcher at the DPNP, and Head of
the Bank Supervision Department 2. She was responsible for supervising all bank
activities, including finance and accounting, credit, risk management, governance,
Age 69 years old and internally conducting quality control of bank supervision.
Gender Female Concurrent -
Position
Nationality Indonesia
Domicile Jakarta Shares Nil
Ownership
Affiliated Has no affiliation with other Committee members, members of the BOC, members of
Relationship the BOD, members of Sharia Supervisory Board as well as Ultimate and Controlling
Shareholders.
Legal Basis for Circular Resolution of BOD No. 002/SIR/DIR/IV/2024 dated 18 April 2024.
Appointment
as Member
of Audit
Committee
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Appointed for the first time as Member of Audit Committee effective from 21 October 2021 and
reappointed 12 March 2025 and concurrently serves as a Member of the Integrated Governance
Committee and a Member of the Risk Oversight Committee.
Educational Bachelor of Economics degree in Accounting from Trisakti University, Indonesia
Background & Certified Public Accountant (CPA) & Chartered Accountant (CA) Indonesia
Professional Level 7 Risk Management Certification
Certifications
Work PricewaterhouseCoopers (PwC) Indonesia for over 27 years (1994-2021) and a
Experiences Partner at PwC Indonesia in the Assurance Division – Financial Services Group for
the past 15 years (2006-2021).
Public Accountant appointed to audit CIMB Niaga’s Financial Statements (2017-2019).
Concurrent Member of the Audit Committee of PT Honest Financial Technologies (2022 - present)
Position Member of the Audit Committee of PT Asuransi Allianz Life Syariah Indonesia
Angelique Dewi Daryanto (2023 - present)
Member of Audit Committee Member of the Audit Committee of PT Asuransi Allianz Life Indonesia (2024 - present)
Member of the Audit Committee of PT Asuransi Allianz Utama Indonesia (2024 - present)
Shares Nil
Age 54 years old Ownership
Gender Female
Affiliated Has no affiliation with other Committee members, members of the BOC, members of
Nationality Indonesia Relationship the BOD, members of Sharia Supervisory Board as well as Ultimate and Controlling
Shareholders.
Domicile Jakarta
Legal Basis for Circular Resolution of BOD No. 001/SIR/DIR/III/2025 dated 12 March 2025.
Appointment
as Member
of Audit
Committee
TRAINING FOR MEMBER OF THE AUDIT COMMITTEE
Information on training attended by members of the Audit Committee during 2025 is disclosed in the Company Profile
section of this Annual Report.
INDEPENDENCE STATEMENT OF THE AUDIT COMMITTEE
The Audit Committee of CIMB Niaga performs its duties, responsibilities, and authorities professionally and independently,
free from any interference by parties that is not in accordance with prevailing laws and regulations. All members of the
Audit Committee have declared that they meet all independence criteria and are capable of performing their duties
independently, upholding the best interests of the Bank, and remaining free from any influence by external parties. This
statement is supported by the composition of the Audit Committee, whose members are entirely independent, comprising
1 (one) Chairman who concurrently serves as a member and is an Independent Commissioner, 1 (one) member who is an
Independent Commissioner, and 2 (two) non-Commissioner members serving as Independent Parties.
TABLE OF INDEPENDENCE OF AUDIT COMMITTEE MEMBERS AS OF DECEMBER 2025
Independence Aspect Dody Budi Glenn M. S. Endang Angelique Dewi
Waluyo Yusuf Kussulanjari S. Daryanto
Has no financial relationship with the BOC and BOD Yes Yes Yes Yes
Has no management relationship with the Bank, its subsidiaries, Yes Yes Yes Yes
or affiliated companies
Has no share ownership relationship with the Bank Yes Yes Yes Yes
Has no family relationship to the second degree with the BOC, Yes Yes Yes Yes
BOD, and/or fellow Audit Committee members
Has not served as an administrator of a political party, official, or Yes Yes Yes Yes
government official
DUTIES, RESPONSIBILITIES, AND AUTHORITY
The Audit Committee has the following duties and responsibilities:
1. Reviewing financial information to be disclosed by CIMB Niaga to the public and/or regulatory authorities, including
financial statements, projections, and other reports related to the Bank’s financial information.
2. Monitoring and evaluating the implementation of internal policies and procedures in the Bank’s financial reporting
process and the compliance of financial statements with applicable financial accounting standards and OJK
regulations on financial transaction recording. The results of such monitoring and evaluation are used to provide
recommendations to the Board of Commissioners to ensure the integrity of the Bank’s financial reporting process.
3. Reviewing compliance with prevailing laws and regulations related to the Bank’s activities.
4. Providing independent opinions in the event of differences of opinion between management and the public
accountant regarding services rendered.
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5. Assisting the BOC to conduct active oversight over the f. Signing special reports on any IA findings that may
activities of external auditors by: endanger the Bank’s business continuity, as well
a. Provide recommendations to the BOC on the as reports on internal audit implementation and
appointment and/or replacement of the Public key findings to be submitted to OJK.
Accountant (PA) and Public Accounting Firm (PAF), g. Recommending approval of the Internal Audit
based on, among others, independence and Charter to the BOC.
insider considerations; scope of engagement; audit h. Recommending the appointment of an
fees; expertise and experience; audit methods, independent external quality reviewer to assess
techniques, and tools; the benefits of fresh-eye IA’s performance.
perspectives from PA/PAF rotation; potential risks i. Ensuring effective communication between IA
arising from prolonged engagement of the same and the BOD, BOC, SSB, external auditors, and
PAF; and the results of performance evaluations OJK.
of the PA and PAF in prior periods. j. Ensuring that IA is responsible to submit reports
b. Discussing the audit plan, including the nature on audit findings related to sharia compliance to
and scope of the audit. the BOD, BOC, and SSB, with a copy to the Director
c. Reviewing the adequacy of audit procedures overseeing the compliance function.
performed by the PAF, considering all significant k. Ensuring IA operates independently.
risks. l. Reviewing IA’s strategy and performance
d. Monitoring and evaluating the implementation objectives.
of annual audit services for historical financial m. Recommending to the BOC regarding overall
information provided by the PA and/or PAF, annual remuneration and performance
including compliance with applicable accounting recognition for IA.
standards, adequacy of fieldwork duration, n. Ensuring IA upholds integrity in carrying out its
scope of services, sampling sufficiency, and duties.
recommendations for improvement. o. Assisting the BOC in ensuring that internal audit at
e. Ensuring coordination when more than one PA subsidiaries are conducted using audit standards
and/or PAF is engaged. applicable at the Bank.
6. In relation to the functional accountability of the p. Reviewing audit reports and ensuring that
Internal Audit Unit (IA) to the Audit Committee, the the BOD promptly takes corrective actions to
Audit Committee is responsible for: address internal control weaknesses, fraud, non-
a. Providing recommendations to the BOC regarding compliance with policies, laws, and regulations, or
the approval or rejection of the appointment, other issues identified by IA, external auditors, or
dismissal, and performance evaluation of the regulators.
Chief Audit Executive. 7. Reviewing and reporting to the BOC on complaints
b. Reviewing, monitoring, and evaluating audit plan, related to the Bank’s accounting and financial
audit implementation effectiveness, and follow- reporting processes, including alleged decision
up on audit results (IT and non-IT) to assess the making error or deviations in the implementation
adequacy of internal controls, including the of BOD meeting results. Where necessary, the Audit
financial reporting process. Committee may conduct examinations directly or
c. Assisting the BOC in ensuring that the BOD engage third parties. Such reports must be submitted
establishes and maintains an adequate, effective, to the BOC no later than two (2) working days after
and efficient internal control system. completion.
d. Assisting the BOC in reviewing the effectiveness 8. Reviewing and providing advice and recommendations
and efficiency of the internal control system at to the BOC regarding plans for material affiliated
least once a year based on information from IA. transactions and potential conflicts of interest
e. Recommending to the BOC the audit plan, scope, submitted by Management to the Audit Committee.
and budget of IA.
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9. Assisting the BOC with its active oversights over the The Audit Committee is authorized to:
compliance function by: 1. Access Bank documents, data, and information
a. Evaluating the implementation of the Bank’s concerning employees, funds, assets, and other
Compliance Function against the Bank’s internal resources.
regulations and laws and regulations related to 2. Communicate directly with Bank employees, including
the Bank’s activities at least 2 (two) times in 1 members of the BOD and Senior Executives/Officer,
(one) year. as well as parties performing internal audit, risk
b. Providing recommendations to enhance the management, and accounting functions related to
quality of Compliance Function implementation. the Audit Committee’s duties and responsibilities.
10. Assisting BOC in actively overseeing the 3. Engage independent external parties when necessary
implementation of the anti-fraud strategy by to support the execution of Audit Committee’s duties.
reviewing reports submitted by the Anti-Fraud 4. Exercise other authorities delegated by the BOC.
Management unit.
11. Maintaining the confidentiality of the Bank’s MEETINGS AND ATTENDANCE OF AUDIT
documents, data, and information. COMMITTEE
12. The Chairman and members of the Audit Committee The Audit Committee Meeting shall refer to the Audit
conduct collegial performance evaluations of the Committee Charter and POJK No. 17 of 2023, which
Committee, as well as individual assessment for stipulates that it must be held at least once every month.
each member and the Chairperson based on criteria The Audit Committee shall hold physically meetings at
and processes stipulated in the Appendix to the least twice a year.
Nomination and Remuneration Committee Charter.
13. The Chairman of the Audit Committee is responsible Meetings may be convened if attended by at least
for coordinating all activities of the Audit Committee 51% (fifty one percent) of total members, including
to fulfill the objectives of the Audit Committee in Independent Commissioners and Independent Parties.
accordance with its establishment, including being In line with the Bank’s HyWork (Hybrid Working, Happy
responsible for the following matters: Working) implementation, Audit Committee meetings in
a. Determining the annual work plan; 2025 were conducted physically, virtually, or in hybrid
b. Determining the annual meeting schedule; format.
c. Preparing periodic reports on Audit Committee
activities and matters requiring the BOC’s In 2025, the Audit Committee held 13 (thirteen) meetings.
attention; Five (5) of these meetings also invited members of the
d. Conducting self-assessments on the effectiveness SSB specifically for discussion related to Sharia principles,
of Audit Committee activities; including one (1) special joint meeting with the Audit
e. Appointing a non-Commissioner Audit Committee Committee of CIMB Group Holdings Berhad (CIMBGH)
member or other third party as Committee and CIMB Banking Group (CIMBG).
Secretary to record meetings and prepare
minutes.
14. Assisting the BOC in ensuring that the BOD
implements sustainability practices across the Bank.
TABLE OF MEMBER ATTENDANCE AT THE AUDIT COMMITTEE MEETINGS FOR JANUARY-DECEMBER 2025
Attendance via
Attendance in Audit Average Attendance
Name Committee Meetings Physical Attendance Teleconference or Attendance Rate Rate
Telepresence
Dody Budi Waluyo 13 9 4 100%
Glenn M. S. Yusuf 12 10 2 92%
98%
Endang Kussulanjar S 13 11 2 100%
Angelique Dewi Daryanto 13 11 2 100%
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AUDIT COMMITTEE MEETING AGENDA
The Audit Committee meeting agenda for 2025 is as follows:
No Date Agenda
1 22 January 2025 • External Audit PwC Final Audit 2024
• Financial Performance as of December 2024
• Draft of Published Report as of 31 December 2024
• Anti-Fraud Management 4Q2024
• Internal Audit Summary 4Q2024
• Internal Audit Plan 2025
• Internal Audit Report for 2nd Semester 2024 to OJK
2 24 February 2025 • Financial Performance as of January 2025
• Appointment of 2025 External Auditor and Evaluation of 2024 External Auditor Performance
• Compliance Director Report, AML and Sustainability Update 4Q2024
• Internal QAR Result 2024 and Plan 2025
• Internal Audit Result on Sharia Banking Compliance 2nd Semester 2024
3 21 March 2025 • Financial Performance as of February 2025
• Economic and Market Outlook
• Consumer Banking
• Internal Audit Summary February 2025
4 21 April 2025 • Financial Performance as of March 2025
• Review Draft of Published Financial Report as of 31 March 2025
• Third Parties’ Risk Assessment
• Anti-Fraud Management 1Q2025
• Internal Audit Summary 1Q2025
5 23 May 2025 • Financial Performance as of April 2025
• Compliance Director Report, AML and Sustainability 1Q2025
• Internal Audit Summary April 2025
6 23 June 2025 • Financial Performance as of May 2025
• Information Security, Technology Governance and AI Governance
• Emerging Business Banking
• Personal Credit Line
• Internal Audit Summary May 2025
7 24 July 2025 • Financial Performance as of June 2025
• Draft of Published Report as of 30 June 2025
• Anti-Fraud Management Report 2Q2025
• Internal Control over Financial Reporting (ICoFR)
• Internal Audit Summary 2Q2025
• Internal Audit Report for 1st Semester 2025 to OJK
• Internal Audit Plan 2025 Mid-Year
8 21 August 2025 Joint AC Meeting:
• CIMB Niaga – Overall Business:
i. Performance and Key Financial Highlights
ii. Overall Financial Industry
• Risk Management:
i. Governance Structure and Reporting Requirements
ii. Entity’s Risk Profile and Top Risks
iii. Self-Risk Assessment
iv. Critical/High Operational Events (if any)
• Compliance
i. Governance Structure & Reporting Requirements
ii. Summary of Review Results/Recommendations by Regulators (if any)
iii. New/Significant Guidelines and Circulars By Regulators
iv. Remand/Penalty by Regulators (if any)
• Corporate Assurance
i. Governance Structure, Reporting Requirements, Audit Resources
ii. Key Highlights
- Summary of Audit Results
- Key Issues & Management’s Remediation Actions
- Audit Plan Execution, Focus Areas and Emerging Risks
• Fraud Management
9 25 August 2025 • Financial Performance as of July 2025
• PT CIMB Niaga Sekuritas
• Compliance Director Report, AML and Sustainability 2Q2025
• Internal Audit Summary July 2025
• Internal Audit Result on Sharia Banking Compliance 1st Semester 2025
10 24 September 2025 • External Audit PwC Plan 2025
• Financial Performance as of August 2025
• Economic and Market Outlook
• Commercial Banking
• Internal Audit Summary August 2025
• Communication of Corporate Assurance 2.0 Transformation Plan
• Internal Audit Plan Update 2025
11 23 October 2025 • Financial Performance as of September 2025
• Review Draft of Published Financial Report as of September 2025
• Special Asset Update
• Anti-Fraud Management 3Q2025
• Anti‑Bribery and Corruption
• Internal Audit Summary 3Q2025
• Progress Internal QAR 2025
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No Date Agenda
12 24 November 2025 • Financial Performance as of October 2025
• Third Party Risk Management
• Information Security, Technology Governance and AI Governance
• Compliance Director Report, AML and Sustainability 3Q2025 (including Sustainable Finance Action Plan)
• Internal Audit Summary October 2025
• 2025 AC Evaluation toward Internal Audit Function (including review CAE Competencies and Qualifications)
13 11 December 2025 • External Audit PwC Interim 2025
• Financial Performance as of November 2025
• Internal Audit Plan Update 2025 and Result 2026 Risk Assessment
• Internal Audit Summary November 2025
• 2026 AC Focus and Work Plan
REPORT ON THE IMPLEMENTATION OF comprehensive evaluations of critical aspects of the
DUITIES OF THE AUDIT COMMITTEE IN 2025 Bank’s management, particularly in relation to the internal
Throughout 2025, the Audit Committee carried out its control system and risk management system. Based on
duties and responsibilities, including the following key the evaluations performed, the Audit Committee is of the
activities and recommendations: view and hereby states that the internal control system
1. Reviewed the accountability and transparency of the and risk management system implemented by CIMB
Bank’s financial statements. Niaga during 2025 were effective and adequate, and
2. Assessed credit quality, challenges in balancing loan capable of managing risks and business opportunities
growth and credit quality, and the continued impact in support of the Bank’s achievement of its business
of macroeconomic volatility. objectives, without compromising financial performance,
3. Reviewed the resilience of the Bank’s compliance regulatory compliance, and/or reputation.
and control structure (including sustainability
opportunities and risks as well as climate change– In the Audit Committee’s view, CIMB Niaga currently
related risks and opportunities). maintains sound internal control and risk management
4. Evaluated the effectiveness of fraud prevention, systems supported by appropriate tools to anticipate and
detection, and investigation processes. manage risks, consider changes in the risk profile arising
5. Reviewed cybersecurity and operational resilience, as from shifts in business strategy and respond to external
well as data governance and data protection. factors and regulatory requirements. This is also reflected
6. Exercised controls related to business growth and in the effective implementation of key internal control
strategic initiatives. and risk management functions, including internal audit,
compliance, financial control, and operational control.
AUDIT COMMITTEE STATEMENT ON THE
ADEQUACY OF INTERNAL CONTROL SYSTEM WORK PLAN FOR 2026
AND RISK MANAGEMENT SYSTEMS Looking ahead, the Audit Committee has established a
The Audit Committee fulfilled its duties and responsibilities work plan for 2026, placing strategic priority on, among
throughout 2025, including conducting in-depth and others, the following areas:
Digital, Data, and Financial Risk Compliance and
Operational Resilience and Credit Risk Governance Oversight
Escalating global and domestic cyber Economic uncertainty and international • Compliance and readiness related to
threats will therefore focus on: tariffs will therefore focus on: sustainability and climate change.
• Cybersecurity, resilience, and data • Credit risk management and loan • Branch operations and customer channel
privacy. posture. governance.
• Digital transformation and technology • Internal Control Over Financial Reporting
governance. (ICOFR).
• Data management, analytics, and • Conglomerate governance and
regulatory alignment. subsidiaries integration.
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REMUNERATION OF AUDIT COMMITTEE MEMBERS
1. REMUNERATION PACKAGE AND OTHER FACILITIES RECEIVED
Amount Received in 1 Year by Audit Committee Members
Type of Remuneration and other Facilities 2025 2024
Person Rp (Million) Person Rp (Million)
Remuneration (salary, regular allowances, and other in-kind benefits) 4 14,154 6 13,129
Other in-kind benefits (housing, transportation, health insurance, etc.)
- - - -
that:
a. Can be owned - - - -
b. Cannot be owned 2 66 3 166
Total 4 14,220 6 13,294
Including Committee members who have just appointed or resigned in the relevant year.
Number of Audit Committee Members
Remuneration per Person
2025 2024
Above Rp5 billion 2 1
Above Rp2 billion to Rp5 billion - 1
Above Rp1 billion to Rp2 billion 2 3
Above Rp500 million to Rp1 billion - -
Below Rp500 million - 1
Including Committee members who have just taken office or resigned in the relevant year.
2. VARIABLE REMUNERATION FOR AUDIT COMMITTEE MEMBERS
Amount received in 1 Year by Audit Committee Members
Variable Remuneration* 2025 2024
Person Rp (Million) Person Rp (Million)
Total Nil Nil Nil Nil
*
Performance and risk-related remuneration (including bonuses/bonuses).
None of the members of the Audit Committee of CIMB Niaga received any variable remuneration (shares or bonuses,
whether performance bonuses/shares, non-performance bonuses/shares, or stock options).
Dody Budi Waluyo
Chairman of Audit Committee
Glenn M. S. Yusuf Endang Kussulanjari S. Angelique Dewi Daryanto
Member of Audit Committee Member of Audit Committee Member of Audit Committee
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RISK OVERSIGHT COMMITTEE
The Risk Oversight Committee (ROC) is a committee under functions. Periodically, the ROC Charter is reviewed to
the Board of Commissioners (BOC) established to support align with applicable regulations and the Bank’s needs.
the oversight function of risk management implementation The charter was last updated on 25 July 2024 and has
across all the Bank’s activities. ROC ensures that the Bank’s been uploaded to the Bank’s website.
risk management framework, procedures, processes,
and practices are adequate and aligned with prudential The ROC Charter sets out, among others:
principles, effective risk management methodologies, 1. Objectives
sound banking practices, and in compliance with 2. Membership (Composition, Membership
applicable regulatory requirements. As part of its oversight Requirements, Independency, and Term of Office)
responsibilities, ROC strengthens the Bank’s capability 3. Duties and Responsibilities
to monitor and control the risk profile of its business 4. Authorities
activities, ensuring that risks remain within acceptable 5. Meeting Procedures
risk appetite and limits, and supporting sustainability of 6. Code of Ethics and Working Time
the Bank’s performance and profitability. ROC also plays 7. Reporting
an important role in advancing a strong, consistent, and
integrated risk management culture across all levels of the TERM OF OFFICE
organization as part of the Bank’s commitment to Good The term of ROC members appointed during the ongoing
Corporate Governance (GCG). term of the BOC shall end concurrently with the expiration
of the term of the BOC. The term of ROC members shall not
LEGAL BASIS exceed the term of the BOC, as stipulated in the Articles
The establishment of ROC is based on the following of Association and the ROC Charter, and members may
regulations: be reappointed in accordance with applicable provisions.
1. OJK Regulation (POJK) and OJK Circular Letters (SEOJK)
on GCG Implementation for Commercial Banks; NUMBER, STRUCTURE, AND COMPOSITION
2. The Bank’s Articles of Association; and OF THE RISK OVERSIGHT COMMITTEE
3. Corporate Policies Manual of CIMB Niaga. As of 31 December 2025, the ROC comprised 7
(seven) members, consisting of 3 (three) Independent
RISK OVERSIGHT COMMITTEE CHARTER Commissioners, 2 (two) Commissioners, and 2 (two)
ROC has a charter that outlines, among others, its Independent Parties with expertise, competence,
membership structure, duties and responsibilities, and qualifications in the fields of finance and risk
authorities, activities, and meeting procedures to support management, as follows:
the effectiveness of the Committee in carrying out its
MEMBERSHIP COMPOSITION OF THE RISK OVERSIGHT COMMITTEE IN 2025
No Name Position in Bank Position in Committee Term of Office
1 Glenn M. S. Yusuf Vice President Commissioner (Independent) Chairman 2024-2027
2 Didi Syafruddin Yahya President Commissioner Member 2023-2026
3 Vera Handajani Commissioner Member 2025-2028
4 Farina J. Situmorang Independent Commissioner Member 2023-2026
5 Dody Budi Waluyo Independent Commissioner Member 2024-2027
6 Ronald T. A. Kasim Independent Party Member 2024-2027
7 Angelique Dewi Daryanto Independent Party Member 2025-2028
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PROFILE OF RISK OVERSIGHT COMMITTEE MEMBERS
Appointed as Chairman of the ROC effective as of 6 October 2020, after previously being a Member
of the ROC until 16 September 2020 and concurrently serving as a Member of the Nomination and
Remuneration Committee (NRC) and Member of the Audit Committee. Reappointment as Chairman of
the ROC on 18 April 2024.
He also serves as Vice President Commissioner (Independent).
His complete profile is presented in the Profile of the Board of Commissioners.
Legal Basis of Appointment as Chairman of ROC
Circular Resolution of the BOD No. 002/SIR/DIR/IV/2024 dated 18 April 2024.
Glenn M. S. Yusuf
Chairman of Risk Oversight
Committee
Appointed as Member of the ROC effective as of 26 November 2019 and reappointed for the same
position effectively as of 10 April 2023, and concurrently serving as a Member of the NRC .
He also serves as President Commissioner.
His complete profile is presented in the Profile of the Board of Commissioners.
Legal Basis of Appointment as Member of ROC
Circular Resolution of the BOD No. 004/SIR/DIR/VIII/2023 dated 9 August 2023.
Didi Syafruddin Yahya
Member of Risk Oversight
Committee
Appointed as Member of the ROC effectively as of 25 January 2022 and reappointed for the same
position effectively as of 12 March 2025.
She also serves as Commissioner.
Her complete profile is presented in the Profile of the Board of Commissioners.
Legal Basis of Appointment as Member of ROC
Circular Resolution of the BOD No. 001/SIR/DIR/III/2015 dated 12 Maret 2025.
Vera Handajani
Member of Risk Oversight
Committee
Appointed as Member of the ROC effectively as of 25 January 2024.
She also serves as Independent Commissioner.
Her complete profile is presented in the Profile of the Board of Commissioners.
Legal Basis of Appointment as Member of ROC
Circular Resolution of the BOD No. 004/SIR/DIR/VIII/2023 dated 9 August 2023.
Farina J. Situmorang
Member of Risk Oversight
Committee
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Appointed as Member of the ROC effectively as of 21 August 2024 and concurrently serving as Chairman
of the Audit Committee and Chairman of the Integrated Governance Committee.
He also serves as Independent Commissioner.
His complete profile is presented in the Profile of the Board of Commissioners.
Legal Basis of Appointment as Member of ROC
Circular Resolution of the BOD No. 002/SIR/DIR/IV/2024 dated 18 April 2024.
Dody Budi Waluyo
Member of Risk Oversight
Committee
Appointed as Member of the ROC effective as of 20 January 2023 and reappointed for the same position
effectively as of 18 April 2024.
Educational Doctor of Philosophy (PhD) in Leadership and Policy Innovation from Gadjah Mada
Background & University – Yogyakarta, Indonesia (2019)
Professional Master of Business Administration (MBA) – Business Administration & Management
Certifications from Creighton University-Omaha, Nebraska, USA (1994)
Bachelor of Science in Business Administration, majoring in Finance (BSBA) from
Creighton University – Omaha, Nebraska, USA (1992)
Chartered Financial Analyst (CFA)
Level 7 Risk Management Certification (BSMR)
Work President Commissioner at PT Bangun Percaya Sosial – Jakarta, Indonesia (2022-2023)
Experiences Chief Advisor at PT Advance Intelligence Indonesia – Jakarta, Indonesia (2019-2023)
Country Director at PT Trusting Social Indonesia – Jakarta, Indonesia (2017-2020)
Director at PT Trust Teknologi Finansial (TrustIQ) – Jakarta, Indonesia (2018-2019)
Ronald T. A. Kasim President Director at PT Pefindo Biro Kredit (PBK) – Jakarta, Indonesia (2015-2017)
Member of Risk Oversight President Director at PT Pemeringkat Efek Indonesia (PEFINDO) – Jakarta, Indonesia (2010-
Committee 2015)
Senior Vice President – Strategic Information Management at PT Permata Bank Tbk –
Jakarta, Indonesia (2009-2010)
Age 58 years old Project Manager – Risk Management Products at Fermat (a business unit of Moody’s
Investors Service) – Paris, Dubai, Singapore (2007-2009)
Gender Male Senior Risk Management Consultant – Banking Risk Product at IPS-Sendero (a business
Nationality Indonesia unit of Fiserv, Inc.) – Scottsdale, AZ, USA (2004-2007)
Finance Officer and Head of Financial Strategic Group (including responsibility for
Domicile Jakarta accounting) at First National Capital Markets, Inc. – Omaha, NE, USA (2001 – 2004)
Lead Financial Analyst of Asset-Liability Management Group at First National Bank of
Omaha – Omaha, NE, USA (1999 – 2001)
Head of Financial Institution Ratings Division at PT Pemeringkat Efek Indonesia (PEFINDO)
– Jakarta, Indonesia (1994 – 1998)
Concurrent President Commissioner at PT Kredit Biro Indonesia Jaya – Jakarta, Indonesia
Positions (2022-present)
Independent Commissioner at PT Atome Finance Indonesia – Jakarta, Indonesia
(2022-present)
President Director at PT. Kredit Pintar Indonesia – Jakarta, Indonesia (2024-present)
Shares Nil
Ownership
Affiliated Has no affiliated relationship with fellow Committee members, members of the BOC,
Relationship members of the SSB, members of the BOD or the Ultimate and Controlling Shareholders.
Legal Basis of Circular Resolution of the BOD No.002/SIR/DIR/IV/2024 dated 18 April 2024.
Appointment as
Member of ROC
Appointed as Member of the ROC effectively as of 26 August 2024 and reappointed for the same position
effectively as of 12 March 2025 and concurrently serving as Member of the Audit Committee and
Member of the Integrated Governance Committee.
Her complete profile is presented in the Profile of the Audit Committee.
Legal Basis of Appointment as Member of ROC
Circular Resolution of the BOD No. 001/SIR/DIR/III/2025 dated 12 March 2025.
Angelique Dewi Daryanto
Member of Risk Oversight
Committee
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TRAINING FOR MEMBERS OF THE RISK 1. Evaluate the alignment between risk management
OVERSIGHT COMMITTEE policies and its implementation;
Information about the training programs attended by 2. Monitor and evaluate the Risk Management
ROC members in 2025 is presented in the Company Committee and Risk Management Unit’s duties
Profile Chapter of this Annual Report. implementation;
3. Monitoring and maintaining the Bank’s level of
INDEPENDENCE STATEMENT OF THE RISK soundness;
OVERSIGHT COMMITTEE 4. Monitoring the implementation and management of
ROC always performs its roles, responsibilities, and Bank’s overall risk, including integrated risks, climate-
authority in a professional and independent manner, related risks, country and transfer risks, and other
without interference from any party who is not in specific risks such as legal, compliance, strategic,
compliance with the statutory regulations. All members reputation, information technology, and cyber
of the ROC declare that they have met all independence security risks, as well as the capital management.
criteria and are capable of carrying out their roles
independently, upholding the Bank’s interests, and MEETINGS AND ATTENDANCE OF THE RISK
unable to be influenced by any party. This statement OVERSIGHT COMMITTEE
is supported by the membership composition of ROC is required to hold meetings at least once a month
the ROC, which includes 1 (one) Chairman who is an and to convene in-person at least twice a year. Meetings
Independent Commissioner, 2 (two) members who are may only be convened if attended by at least 51%
Independent Commissioners, 2 (two) members who (fifty one percent) of the total members, including one
are Commissioners, and 2 (two) non-Commissioner Independent Commissioner and one Independent Party.
members from the Independent Party.
Throughout 2025, the ROC held a total of 12 (twelve)
DUTIES, RESPONSIBILITIES, AND AUTHORITIES meetings.
ROC has the main roles, responsibilities, and authorities to
provide recommendations in relation to:
MEMBER ATTENDANCE AT THE RISK OVERSIGHT COMMITTEE MEETINGS FOR JANUARY-DECEMBER 2025
Attendance via
Attendance in ROC Average
Name Physical Attendance Teleconference or Attendance Rate
Meetings Attendance Rate
Telepresence
Glenn M. S. Yusuf 12 11 1 100%
Didi Syafruddin Yahya 12 11 1 100%
Vera Handajani 11 5 6 92%
Farina J. Situmorang 12 3 9 100% 99%
Dody Budi Waluyo 12 12 0 100%
Ronald T. A. Kasim 12 7 5 100%
Angelique Dewi Daryanto 12 10 2 100%
MEETING AGENDA OF THE RISK OVERSIGHT COMMITTEE
In 2025, the ROC meeting discussed the following agendas:
No Date Agenda
1. 4 February 2025 • Economic Outlook
• Risk Report as of 31 December 2024 (including Q4-2024 Risk Posture Compliance and Risk Appetite Statement
(RAS) as of 31 December 2024)
• Risk Profile Q4-2024, RBBR H2-2024 and ICAAP H2-2024
• 2025 Risk Posture – Budget Validation
• Quarterly Financial Results (Q4-2024)
• ROC Work Plan: 2024 Annual Realization and 2025 Work Plan
2. 3 March 2025 • Economic Outlook
• Compliance, AML, Legal & Sustainability Risks Update
• Risk Appetite Statement (RAS) as of 31 January 2025
• Risk Hotspot & Emerging Risks (Q4-2024)
• BNM December 2024 Stress Test Result
• 2024 Work Plan Realization & 2025 Work Plan of: Risk Management Committee (RMC) & Risk Management
Unit (RMU)
• Update on Credit Assurance Testing
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No Date Agenda
3. 26 March 2025 • Impact Analysis from Recent Market Volatility to Credit Portfolio and Market Risk
• Risk Appetite Statement (RAS) as of 28 February 2025
• 2025 Risk Appetite Statement (RAS)
• Update on Information Technology Risk
4. 23 April 2025 • Economic Outlook and Impact from Trump’s Tariff
• Risk Report as of 31 March 2025 (including Risk Posture Compliance for Q1-2025 and Risk Appetite Statement
(RAS) as of 31 March 2025)
• Quarterly Financial Results (Q1-2025)
• Update on Corporate Banking Credit Portfolio Management
• Risk Profile Q1-2025
• ALCO Update
5. 27 May 2025 • Economic Outlook
• Compliance, AML, Legal & Sustainability Risks Update
• Risk Appetite Statement (RAS) as of 30 April 2025 (including Escalated Operational Risk Event)
• Risk Hotspot & Emerging Risk (Q1-2025)
• December 2024 Group Wide Stress Test (GWST) Result & December 2024 Bottom Up Stress Test (BUST) Result
• Update on Credit Assurance Testing
6. 30 June 2025 • Economic Outlook
• Risk Appetite Statement (RAS) as of 31 May 2025
• Update on Information Technology Risk
• Update on Commercial Banking Credit Portfolio Management
• ROC Work Plan 2025: YTD Realization
7. 23 July 2025 • Economic Outlook
• Risk Report as of 30 June 2025 (including Risk Posture Compliance for Q2-2025, and Risk Appetite Statement
(RAS) as of 30 June 2025)
• Risk Profile Q2-2025, Risk-Based Bank Rating for Semester I-2025 & ICAAP for Semester I-2025
• Update on Large Loan Utilization (Semester I-2025)
• Quarterly Financial Results (Q2-2025)
• ALCO Update (including Liquidity Gap Refreshment)
8. 28 August 2025 • Economic Outlook
• Compliance, AML, Legal & Sustainability Risks Update
• Risk Appetite Statement (RAS) as of 31 July 2025
• Update on Consumer Credit Portfolio (including Mortgage Portfolio Delinquency Analysis)
• Risk Hotspot & Emerging Risk (Q2-2025)
• Climate Risk Scenario Analysis Results
• Revision of Principal Credit Policy and Principal Sharia Financing Policy
• Update on Credit Assurance Testing
9. 22 September 2025 • Economic Outlook
• 2026 Risk Posture 2026
• Update on Emerging Business Banking Portfolio Management
• Funding Strategy for Sharia Bank
• Risk Appetite Statement (RAS) as of 31 August 2025
• Update on Information Technology Risk
10. 27 October 2025 • Economic Outlook
• CNAF Business Strategy & Portfolio Quality Management
• Update on Reputational Risk
• Quarterly Financial Results (Q3-2025)
• Risk Report as of 30 September 2025 (including Q3-2025 Risk Posture Compliance, Risk Appetite Statement
(RAS) as of 30 September 2025, and Escalated Operational Risk Event)
• Risk Profile Report Q3-2025
11. 21 November 2025 • Economic Outlook
• Compliance, AML, Legal & Sustainability Risks Update
• Risk Appetite Statement (RAS) as of 31 October 2025
• Update on Liquidity Risk Policy & IRRBB Policy
• Risk Hotspot & Emerging Risk (Q3-2025)
• June 2025 Group Wide Stress Test (GWST) Result
12. 12 December 2025 • Economic Outlook
• Risk Appetite Statement (RAS) as of 30 November 2025
• Update on Information Technology Risk
• Update on Operational Risk Management
• Update on Sharia Non-Performing Financing (NPF)
• Update on Credit Assurance Testing
• Risk Management Policy Review (Notification on Market Risk Management Framework Review, Notification on
ICAAP Policy Review, and Update on Integrated Risk Management Policy)
• Update on the results of the environmental impact due diligence for Corporate Banking debtor
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REPORT ON THE IMPLEMENTATION OF DUTIES 3. Monitoring the Bank’s credit risk conditions, through
OF THE RISK OVERSIGHT COMMITTEE IN 2025 discussions on:
In 2025, there were 91 (ninety-one) work plan agenda a. The asset quality status of each credit segment,
items established at the beginning of the year, along with to ensure that each business unit has taken the
11 (eleven) additional agenda items to ensure that ROC necessary measures to maintain and improve the
meetings addressed the most recent and relevant risk- Banks’s asset quality in line with the established
related topics in the Bank. The implementation of ROC’s risk posture and risk appetite;
duties encompassed, among others, various activities b. Business plans and strategies for each business
and recommendations produced throughout the 2025 units, and subsidiaries; and
financial year, covering the following: c. Credit Assurance Testing assessment report which
1. Review and provide recommendations to the BOC on: are presented on a quarterly basis to enhance the
a. Policies/frameworks and their implementation underwriting process.
by the Board of Directors in relation to risk 4. Evaluation of responses to the Bank’s strategies and
management; and critical events, through discussions on:
b. The determination of the Bank’s risk appetite, a. Reports on significant cases, aimed at reviewing
including the Risk Appetite Statements and risk the Bank’s strategies in addressing such cases;
posture. b. Strategies of relevant business units to improve
2. Evaluation of the Risk Management Committee and portfolio quality and/or business processes;
the Risk Management Unit‘s duties implementation, c. Progress update of the Sharia business spin-off
as well as the conformity of alignment between risk strategy; and
management policies and their implementation d. Report on the impact analysis of significant
through discussions on the following matters: external developments, such as Trump’s tariff
a. Risk Management strategies and policies for policies and hydro meteorological disasters, on
various risk aspects, including Credit Risk, the Bank’s portfolios and/or business processes.
Operational Risk, Liquidity Risk, Market Risk,
Legal Risk, Compliance Risk, Reputational Risk, EVALUATION BY THE RISK OVERSIGHT
Sustainability Risk, Strategic Risk, and Information COMMITTEE ON THE IMPLEMENTATION OF
Technology Risk; RISK MANAGEMENT AT THE BANK
b. Risk management related to capital, including the In 2025, ROC conducted a comprehensive evaluation
Internal Capital Adequacy Assessment Process of the implementation of the Bank’s risk management
(ICAAP) and the implementation of stress testing; system and concluded that its application was adequate
c. Internal reports comprising monitoring results and aligned with the Bank’s needs. Throughout the year,
on material and emerging risks, macroeconomic ROC actively managed the Bank’s risk profile through
conditions, the Bank’s financial performance, and continuous monitoring of inherent risks, strengthening
key risk indicators to ensure alignment with the the quality of risk management practices, and ensuring
Bank’s risk appetite; the consistent application of GCG through various risk
d. Mandatory reports submitted to the Bank’s committees.
regulator, including the Risk Profile Report, Bank
Soundness Report, and other required reports, ROC also focused on maximizing value for shareholders
to ensure the accuracy and appropriateness of through comprehensive capital management,
information submitted to the regulators regarding strengthening profitability, and promoting sustainable
the Bank’s risk condition; and business development. These efforts ensured that the
e. Implementation of climate-related risk Bank’s level of soundness remained well-maintained and
management, including (i) submission of Climate supported the sustainable growth of the Bank amid the
Scenario Analysis (CSA) reports to assess the dynamic of the banking industry landscape.
impact of climate risks on the Bank’s credit and
market portfolios in priority sectors, as well as their WORK PLAN FOR 2026
implications on provisioning levels and capital Going forward, ROC will continue to carry out its primary
position, and (ii) establishment and reporting of duties and responsibilities in supporting the effectiveness
risk appetite matrices for sustainability aspects, of the Board of Commissioners’ oversight related to risk
including climate risk, to monitor the Bank’s management. ROC will remain proactive in monitoring
exposure to carbon-intensive sectors. and escalating emerging and evolving risk issues to
ensure that it remains consistently relevant and up-to-
date with the evolving risk faced by the Bank.
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REMUNERATION OF MEMBERS OF THE RISK OVERSIGHT COMMITTEE
1. REMUNERATION PACKAGE AND OTHER FACILITIES RECEIVED
Amount Received in by Members of the ROC in 1 Year
Type of Remuneration and other Facilities 2025 2024
Person Rp (Million) Person Rp (Million)
Remuneration (salary, regular allowances, and other in-kind benefits) 7 25,073 9 23,874
Other in-kind benefits (housing, transportation, health insurance, etc.)
- - - -
that:
a. Can be owned - - - -
b. Cannot be owned 4 174 6 233
Total 7 25,247 9 24,107
Including Committee members who have just appointed or resigned in the relevant year.
Number of Members of the ROC
Remuneration per Person
2025 2024
Above Rp5 billion 3 1
Above Rp2 billion to Rp5 billion 1 4
Above Rp1 billion to Rp2 billion 3 3
Above Rp500 million to Rp1 billion - 1
Below Rp500 million - -
Including Committee members who have just appointed or resigned in the relevant year.
2. VARIABLE REMUNERATION FOR MEMBERS OF THE RISK OVERSIGHT COMMITTEE
Amount Received in by Members of the
Risk Oversight Committee in 1 Year
Variable Remuneration *
2025 2024
Person Rp (Million) Person Rp (Million)
Total Nil Nil Nil Nil
*
Including Committee members who have just appointed or resigned in the relevant year.
None of the members of the ROC of CIMB Niaga received any variable remuneration (shares or bonuses, both
performance-based, and non-performance-based, as well as share options).
Glenn M. S. Yusuf
Chairman of Risk Oversight Committee
Didi Syafruddin Yahya Vera Handajani Farina J. Situmorang
Member of Risk Oversight Committee Member of Risk Oversight Committee Member of Risk Oversight Committee
Dody Budi Waluyo Ronald T. A. Kasim Angelique Dewi Daryanto
Member of Risk Oversight Committee Member of Risk Oversight Committee Member of Risk Oversight Committee
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NOMINATION AND REMUNERATION COMMITTEE
The Nomination and Remuneration Committee (NRC) comply with applicable regulations and the Bank’s needs.
was established to support the Board of Commissioners The NRC Charter was updated on 1 July 2024 and has
(BOC) in carrying out its supervisory function related been uploaded to the CIMB Niaga website.
to the nomination process and the determination of
remuneration. The NRC provides recommendations on The NRC Charter governs various aspects regarding:
candidates for the BOC, the Board of Directors (BOD), 1. Objective
the Sharia Supervisory Board (SSB), as well as members 2. Committee composition, structure, term of office,
of committees at the BOC level, while also reviewing and membership
the remuneration framework for Executive Officers and 3. Membership requirements
Employees. All recommendations and reviews prepared 4. Duties and responsibilities
by the NRC are formulated based on the principles of 5. Authorities
Good Corporate Governance (GCG), ensuring that the 6. Meeting procedures and mechanisms
resulting policies remain objective, transparent, and 7. Ethics and working hours
aligned with the Bank’s long-term interests. 8. Working procedures and mechanisms
9. Reporting
LEGAL BASIS
The establishment of the CIMB Niaga NRC refers to the TERM OF OFFICE
following legal and regulatory frameworks: The term of office of NRC members appointed during
1. OJK Regulations and Circular Letters related to the ongoing term of the BOC shall expire concurrently
the Bank’s GCG implementation, the Nomination with the expiration of the term of office of the BOC. In
and Remuneration Committee, the Governance accordance with POJK No. 34/POJK.04/2014 and the NRC
in Providing Remuneration, and the Prudential Charter, the term of office of the NRC may not exceed
Principles of Commercial Banks that Outsource Part the term of office of the BOC and members may be
of Their Operations to Other Parties and the BOC and reappointed in accordance with applicable provisions.
BOD of Issuers or Public Companies.
2. CIMB Niaga’s Articles of Association on the duties and NOMINATION AND REMUNERATION
authorities of the BOC. COMMITTEE MEMBERSHIP, STRUCTURE, AND
3. CIMB Niaga’s Corporate Policy Manual. COMPOSITION
4. ASEAN Corporate Governance Scorecard. The CIMB Niaga’s NRC consists of 4 (four) members,
comprising 2 (two) Independent Commissioners, 1 (one)
NOMINATION AND REMUNERATION Commissioner, and 1 (one) Executive Officer of the Bank
COMMITTEE CHARTER in charge of Human Resources. The number, structure,
The NRC operates under a charter that outlines composition, and independence of NRC members have
its membership, structure, authority, duties and complied with prevailing regulations. The appointment
responsibilities, meetings, activities, and work procedures and dismissal of NRC members are carried out based on
of NRC in carrying out its functions, which has been resolutions of the BOC, which must be followed up by the
adjusted to OJK Regulation (POJK) No. 34/POJK.04/2014. BOD through the issuance of appointment or dismissal
This charter is periodically reviewed and updated to letters.
MEMBERSHIP COMPOSITION OF THE NOMINATION AND REMUNERATION COMMITTEE IN 2025
No. Name Position in Bank Position in Committee Term of Office
1 Sri Widowati Independent Commissioner Chairwoman 2023 - 2026
2 Didi Syafruddin Yahya President Commissioner Member 2023 - 2026
3 Glenn M. S. Yusuf Vice President Commissioner (Independent) Member 2024 - 2027
4 Nora Joice Kimbal Head of HR Shared Services & MIS Member 2024 - 2025
(Executive Officer in charge of HR)
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PROFILE OF NOMINATION AND REMUNERATION COMMITTEE MEMBERS
Appointed as Chairwoman of the NRC effective 9 April 2020, and reappointed to the same position
effective 10 April 2023.
She also serves as an Independent Commissioner.
Her complete profile is presented in the Profile of the Board of Commissioners.
Legal Basis for Appointment as Chairwoman of the NRC
Circular Resolution of the BOD No. 004/SIR/DIR/VIII/2023 dated 9 August 2023.
Sri Widowati
Chairwoman of the Nomination and
Remuneration Committee
Appointed for the first time as a Member of the NRC on 26 November 2019, and reappointed to the same
position effective 10 April 2023, and concurrently serves as a Member of the Risk Oversight Committee.
He also serves as President Commissioner.
His complete profile is presented in the Profile of the Board of Commissioners.
Legal Basis for Appointment as a Member of the NRC
Circular Resolution of the BOD No. 004/SIR/DIR/VIII/2023 dated 9 August 2023.
Didi Syafruddin Yahya
Member of Nomination and
Remuneration Committee
He was appointed as a Member of the NRC for the first time on 9 April 2020, effective on 16 September
2020, and reappointed to the same position effective 3 April 2024, concurrently serving as Chairman of
the Risk Oversight Committee and a Member of the Audit Committee.
He also serves as Vice President Commissioner (Independent).
His complete profile is presented in the Profile of the Board of Commissioners.
Legal Basis for Appointment as a Member of NRC
Circular Resolution of the BOD No. 002/SIR/DIR/IV/2024 dated 18 April 2024.
Glenn M. S. Yusuf
Member of Nomination and
Remuneration Committee
She was appointed as a Member of the NRC for the first time on 17 December 2021, and reappointed to
the same position effective on 18 April 2024.
She has served as Head of HR Shared Services & MIS since October 2021 (Executive Officer in charge of
HR), having previously served as Head of Learning and Development since July 2020. She has also held
several key positions at CIMB Niaga, including Learning Intervention Head, CX Strategy and Performance
Head, and Customer Experience Program & Improvement Head.
She earned her bachelor’s degree from Udayana University, Bali
Certifications Risk Management Certification Level 5
Human Resources General Manager Competency Certification
Legal Basis for Circular Resolution of the BOD No. 002/SIR/DIR/IV/2024 dated 18 April 2024.
Appointment as
a Member of the
Nora Joice Kimbal NRC
Member of Nomination and
Remuneration Committee
Age 55 years old
Gender Female
Nationality Indonesia
Domicile Jakarta
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TRAINING OF NOMINATION AND v. Identify and provide recommendations for
REMUNERATION COMMITTEE MEMBERS qualified candidates as member of the BOC,
Information on training attended by members of the NRC the SSB, and the BOD to the BOC for submission
in 2025 is disclosed in the Company Profile Chapter of to the Financial Services Authority (OJK) and
this Annual Report. the GMS. In providing such recommendations,
the Committee considers, among others, the
INDEPENDENCE STATEMENT OF THE alignment between candidates’ qualifications
NOMINATION AND REMUNERATION and the Bank’s vision, mission, and long-term
COMMITTEE strategy, attention to sustainability principles/
The NRC carries out its duties, responsibilities, and aspects, and the results of Sustainability Due
authorities in a professional and independent manner, Diligence (if any).
free from any interference that is not in accordance with c. Providing recommendations regarding
prevailing laws and regulations. All members of the NRC Independent Parties to serve as members of
have declared that they meet all independence criteria BOC’s Committees.
and are able to carry out their duties independently, d. Providing recommendations on nomination
uphold the interests of the Bank, and remain free from proposals for members of the BOC, the SSB,
undue influence from any party. This statement is the BOD, and BOC’s Committees of Bank’s
supported by the composition of the NRC, in which the subsidiaries.
majority of members are Independent Commissioners of 2. Related to remuneration function
the Bank. a. Implementing remuneration policies in
accordance with OJK regulations on governance
DUTIES, RESPONSIBILITIES, AND in remuneration for commercial banks, on
AUTHORITIES governance in remuneration for sharia commercial
The duties and responsibilities of the NRC in assisting banks and Sharia Business Units (SBU);
the BOC in providing recommendations related to b. Conducting an evaluation of the remuneration
nomination and remuneration include the following: policies based on performance, risk, fairness
1. Related to the nomination function relative to peer groups, targets, and the Bank’s
a. Providing recommendations to the BOC regarding: long-term strategy, fulfillment of reserves as
i. The composition of positions of members of stipulated under prevailing regulations, and the
the BOC, the SSB, and the BOD; Bank’s future income potential;
ii. Policies and criteria required in the nomination c. Submitting evaluation results and
process; recommendations to the BOC regarding the
iii. Performance evaluation policies for members structure, policies, and amounts of remuneration
of the BOD and/or the BOC, including the SSB. for the BOC, the SSB, and the BOD, to be presented
b. In carrying out the nomination function, the to the GMS;
Committee is required to perform the following d. Submitting evaluation results and
procedures: recommendations to the BOC regarding overall
i. Prepare and provide recommendations on remuneration policies for Executive Officers,
the composition of members of the BOC, the employees, and BOC’s Committees, to be
BOD, the SSB, and BOC‘s Committees to the submitted to the BOD;
BOC for submission to the General Meeting of e. Assisting the BOC in assessing performance in
Shareholders (GMS); relation to the appropriateness of remuneration
ii. Prepare and provide recommendations on received by each member of the BOC, the SSB, the
systems and procedures for selection and/ BOD, and BOC’s Committees;
or replacement, as well as criteria required f. In carrying out the remuneration function, the
in the nomination process for candidates for Committee is required to undertake the following
members of the BOC, the BOD, and/or the SSB procedures:
to the BOC for submission to the GMS; i. Preparing the structure, policies, and amounts
iii. Develop mechanisms and conduct of remuneration for members of the BOC, the
performance evaluations of members of the SSB, the BOD, and BOC’s Committees;
BOC, the SSB, the BOD, and BOC’s Committees; ii. Evaluating the structure, policies, and amounts
iv. Prepare capability development programs for of remuneration at least once a year;
members of the BOC, the SSB, the BOD, and
BOC’s Committees;
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iii. Ensuring that remuneration structures may 3. In the event that a Committee member has conflict of
consist of salaries, honoraria, incentives, and/ interest in relation to a proposed recommendation,
or allowances, whether fixed and/or variable. such conflict of interest must be disclosed in the
g. In preparing the structure, policies, and amounts proposal, along with the considerations underlying
of remuneration, the following considerations the recommendation.
should be taken into account: 4. The Committee reviews and provides advice and
i. Remuneration practices in the banking recommendations to the BOC regarding changes
industry and the Bank’s business scale within related to remuneration and compensation policies
the banking industry (peer group); for the BOC, the SSB, the BOD, and BOC’s Committees.
ii. The duties, responsibilities, and authorities of
members of the BOC, the SSB, the BOD, and MEETINGS AND ATTENDANCE OF THE
BOC’s Committees, linked to the achievement NOMINATION AND REMUNERATION
of the Bank’s objectives and performance; COMMITTEE
iii. The Bank’s performance targets or the Meetings of the NRC are held in accordance with the
performance of each member of the BOC, Bank’s needs or at least once every 3 (three) months,
the SSB, the BOD, and BOC’s Committees as stipulated in the NRC Charter. NRC meetings may
(including sustainability-related performance, only be convened if attended by at least 2/3 (two-thirds)
if any); and of the total Committee members, and at least 2 (two)
iv. The balance between fixed and variable of the majority of members present must include the
remuneration, taking into account the Bank’s Chairwoman of the NRC and the Executive Officer.
long-term targets and strategy.
h. Ensuring that the Bank’s remuneration policy In 2025, in line with the Bank’s new HyWork working
complies with the provisions; model (Hybrid Working, Happy Working), the NRC held 8
i. Conduct periodic evaluations on the (eight) meetings, consisting of 2 (two) physical meetings
implementation of the Bank’s remuneration and 6 (six) virtual meetings.
policy; and
j. Providing recommendations on the proposed
remuneration of members of the BOC, the SSB,
the BOD, and the BOC’s Committees of the
subsidiaries.
MEMBER ATTENDANCE AT THE NOMINATION AND REMUNERATION COMMITTEE MEETINGS
FOR JANUARY-DECEMBER 2025
Attendance via
Attendance Average
Name Physical Attendance Teleconference or Attendance Rate
in NRC Meetings Attendance Rate
Telepresence
Sri Widowati 8 2 6 100%
Didi Syafruddin Yahya 8 3 5 100%
100%
Glenn M. S. Yusuf 8 3 5 100%
Nora Joice Kimbal 8 3 5 100%
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NOMINATION AND REMUNERATION COMMITTEE MEETING AGENDA
Throughout 2025, the NRC discussed the following agenda items:
No Date Agenda
1 23 January 2025 Nomination-Related Agenda
1. 2024 Board Effectiveness Evaluation Results
2. Nomination of CIMB Niaga’s BOC & Committee
3. Nomination of Subsidiary’s BOC
Remuneration-Related Agenda
1. 2024 BMC Scorecard Achievements & 2025 BMC Scorecard Framework
2. 2024 Performance Bonus & 2025 Merit Increase Framework
Other Agenda
2025 NRC Focus
2 25 February 2025 Nomination-Related Agenda
1. Nominasi Member Risk Oversight Committee
Remuneration-Related Agenda
1. Finalization of Bonuses, MRT, and Merit Increases for the BOC/BOD
2. MRT Share Buyback
3. 2025 KPI Framework
3 20 March 2025 Nomination-Related Agenda
1. Nomination of the CIMB Niaga Syariah’s BOC, SSB, and BOD
2. Update on Nominations of Members of the Risk Oversight Committee
Remuneration-Related Agenda
1. Finalization of the 2025 BMC Scorecard
2. Sharia Remuneration Structure
3. AGMS Remuneration Agenda
Other Agenda
2024 OHI Results
4 16 April 2025 Nomination-Related Agenda
Business, Organization, and Nominations for CIMB Niaga Syariah
5 26 May 2025 Nomination-Related Agenda
1. Nomination of the CIMB Niaga Syariah’s BOC, SSB, and BOD
2. Nomination of the CIMB Niaga’s BOD
3. Business Update and Nomination for SAMCO
Remuneration-Related Agenda
Syariah and SAMCO Remuneration Structure
Other Agenda
Personnel Costs for 2025
6 21 July 2025 Nomination-Related Agenda
1. Nomination of the BOC, SSB, and BOD of CIMB Niaga Syariah
2. Nomination of the BOD of CNS
3. Selection of nominees for CIMB Niaga’s BOD
Remuneration-Related Agenda
Sharia Remuneration
Other Agenda
Follow-up to OHI 2024
7 22 September 2025 Nomination-Related Agenda
1. CIMB Niaga BOD Nomination
2. CIMB Niaga Syariah Committee Nomination
3. 2025 Board Effectiveness Assessment (BEA)
Remuneration-Related Agenda
BMC Scorecard for the first half of 2025
Other Agenda
1. Information Technology Investment Strategy and Digital Penetration
2. Employee SLIK Control Mechanism
3. CIMB Niaga DAPEN Liquidation Plan
4. Cooperatives
5. CNS Organization Update
8 21 November 2025 Nomination-Related Agenda
1. CIMB Niaga BOD Nominations
2. Board Effectiveness Evaluation Questionnaires
3. BOD Succession Plan and Term of Office for the BOC/BOD/Committees
4. Nomination of Risk Oversight Committee (ROC) and Audit Committee (AC) Members
Remuneration-Related Agenda
1. 2025 Bonus and 2025 Merit Increase Framework
2. BMC 2026 KPI
Other Agenda
1. CIMB Niaga Syariah Spin-Off
2. DaPen CIMB Niaga
REPORT ON THE IMPLEMENTATION OF DUTIES OF THE NOMINATION AND REMUNERATION
COMMITTEE IN 2025
Throughout 2025, the NRC carried out its duties and responsibilities and provided several recommendations, including
the following:
1. Conducted assessments and provided recommendations on candidates nominated as members of the BOC, the
SSB, BOC’s Committees, and/or Independent Parties as members of Committees, to be submitted to the BOC and
subsequently proposed to the GMS.
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2. Engaged third-party services (search firms) in the WORK PLAN FOR 2026
process of identifying candidates for members of the In 2026, the NRC has established a work plan with the
BOC, SSB and/or BOD. following strategic priorities:
3. Reviewed and provided recommendations on 1. Conducting assessments and providing
candidates nominated as members of the BOD of the recommendations on candidates nominated as
Bank’s subsidiaries. members of the BOD, the BOC, the BOC’s Committees,
4. Continued the implementation of Talent Management, and/or Independent Parties as Committee members,
Succession Planning, and Self-Development programs including at subsidiaries, to be submitted to the BOC
from the BOD up to all employees. and subsequently proposed to the GMS.
5. Conducted reviews and provided recommendations 2. Conducting reviews and providing recommendations
on the BOD’s KPI framework. on the KPI framework for the BOD, including
6. Conducted reviews and provided recommendations subsidiaries.
on proposed remuneration for the BOC, the BOD, 3. Conducting evaluations of the collegial and individual
the BOC’s Committees, and the SSB, as well as the performance of the BOC, the SSB, the BOD, and BOC’s
remuneration policy framework for Executive Officers Committees, including subsidiaries.
and employees. 4. Conducting reviews and providing recommendations
7. Conducted a review of the Material Risk Taker (MRT) on proposed remuneration for the BOC, the BOD,
scheme. the BOC’s Committees, and the SSB, as well as the
8. Reviewed the remuneration of the BOC of subsidiaries. remuneration policy framework for Executive Officers
9. Conducted a review of the results of the Organization and all employees, including subsidiaries.
Health Index (OHI) survey. 5. Reviewing and providing recommendations on the
10. Reviewed initiatives, programs, and implementation Material Risk Taker (MRT) scheme.
related to the internalization of EPICC corporate values 6. Conducting evaluations and reviews of competency
(Enabling Talent, Passion, Integrity & Accountability, development programs for the BOC, the BOD and the
Collaboration, and Customer Centricity), as well as SSB.
Diversity & Inclusion. 7. Continuing the implementation of Talent
11. Other matters, including reviews of personnel Management, Succession Planning, and Self-
costs, information technology investment strategies Development programs from the Board of Directors
and digital penetration, employee SLIK control up to all employees.
mechanisms, the liquidation plan of DaPen CIMB 8. Reviewing and providing recommendations on the
Niaga, and other related matters. proposed Sharia Spin-Off organizational structure,
including the nomination and remuneration of the
EVALUATION BY THE NOMINATION AND BOD amd BOD.
REMUNERATION COMMITTEE ON THE 9. Conducting reviews of the Organization Health
IMPLEMENTATION OF NOMINATION AND Index (OHI) survey results, including evaluations of
REMUNERATION POLICIES activities and initiatives related to organizational
Throughout 2025, the NRC conducted evaluations and health and Diversity & Inclusion, linked to the EPICC
concluded that all nomination processes implemented corporate values (Enabling Talent, Passion, Integrity
by the Bank were in line with the principles of Good & Accountability, Collaboration, and Customer
Corporate Governance. The Committee also ensured that Centricity).
selection mechanisms were conducted in a transparent
and objective manner, complied with prevailing
banking industry regulations, and were implemented
in accordance with GCG principles and risk-based
remuneration practices.
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REMUNERATION OF NOMINATION AND REMUNERATION COMMITTEE MEMBERS
1. REMUNERATION PACKAGE AND OTHER FACILITIES RECEIVED
Amount Received in 1 Year by Members of the Nomination and
Remuneration Committee
Type of Remuneration and other Facilities
2025 2024
Person Rp (Million) Person Rp (Million)
Remuneration (salary, regular allowances, and other in-kind benefits) 4 18,402 4 16,262
Other in-kind benefits (housing, transportation, health insurance, etc.)
- - - -
that:
a. Can be owned - - - -
b. Cannot be owned 4 7 4 170
Total 4 18,409 4 16,432
Including Committee members who have just appointed or resigned in the relevant year.
Number of Nomination and Remuneration Committee Members
Remuneration per Person
2025 2024
Above Rp5 billion 2 1
Above Rp2 billion to Rp5 billion 2 3
Above Rp1 billion to Rp2 billion - -
Above Rp500 million to Rp1 billion - -
Below Rp500 million - -
Including Committee members who have just taken office or resigned in the relevant year.
2. VARIABLE REMUNERATION FOR MEMBERS OF THE NOMINATION AND REMUNERATION COMMITTEE
Amount received in 1 Year by Members of the Nomination and
Remuneration Committee
Variable Remuneration *
2025 2024
Person Rp (Million) Person Rp (Million)
Total Nil Nil Nil Nil
*
Performance- and risk-related remuneration (including bonuses/bonuses).
None of the members of the NRC of CIMB Niaga who serve as Commissioners at the Bank receive any variable
remuneration (shares or bonuses, whether performance bonuses/shares, non-performance bonuses/shares, or stock
options).
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BOARD OF DIRECTORS SUCCESSION POLICY
The Bank implements a succession policy for members of the BOD and/or Senior Management as part of its efforts
to ensure leadership continuity and maintain the stability of the Bank’s management. This policy is structured to
systematically prepare future leaders who are capable of sustaining the Bank’s strategic direction and organizational
objectives on an ongoing basis.
The succession policy includes provisions, among others, as follows:
1. The BOC, with the support from NRC, ensures that the Bank has a talent management system managed by the
Human Resources Directorate. This system serves as a mechanism to identify Executive Officers with high potential
in order to safeguard leadership continuity, support business sustainability, and achieve the Bank’s long-term
objectives.
2. The Human Resources Directorate, in collaboration with the NRC, identifies talented employees from within the
Bank and, where appropriate, considers talented external professionals for the succession planning of the BOD,
including the President Director and/or Senior Management.
3. Human Resources Directorate conducts evaluations and provides self-development opportunities, including
relevant training programs, career development opportunities, and other initiatives to internal talented employees.
Talented employees identified as potential successors to members of the BOD are evaluated and assessed and
must fulfill the eligibility criteria applicable to candidates for the Bank’s BOD.
The talent calibration and internal succession management process is carried out through the People Forum at the
Directorate level, involving senior leaders one level below the relevant Directors, as well as at the Bank Management
Committee level. These forums review potential talents and determine successor nominations for key and critical
positions within Senior Management. Discussions within the People Forum also include the determination of succession
plans for incumbents or officers expected to enter retirement within the next 1 – 3 (one to three) years, thereby
ensuring optimal leadership continuity and organizational readiness. The implementation and follow-up of talent and
successor development initiatives resulting from the People Forum are monitored by the Human Resources Directorate
in coordination with the relevant Directors/Chiefs.
Sri Widowati
Chairwoman of Nomination and Remuneration Committee
Didi Syafruddin Yahya Glenn M. S. Yusuf Nora Joice Kimbal
Member of Nomination Member of Nomination Member of Nomination
and Remuneration Committee and Remuneration Committee and Remuneration Committee
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INTEGRATED GOVERNANCE COMMITTEE
As the Financial Conglomeration Holding Company (FCHC) TERM OF OFFICE
of the CIMB Indonesia Financial Conglomeration (CIFC), Member of IGC who are Independent Commissioners
CIMB Niaga has established an Integrated Governance of the CIFCs members serve a term of office of 3 (three)
(IG) Committee to support the Board of Commissioners years and/or not to exceed their term of office at the CIFCs
(BOC) in the performance of its duties, particularly in member. Meanwhile, the term of office of members who
overseeing the implementation of IG across FCHC, in are Independent Parties and/or other parties (if any) is 3
accordance with applicable laws and regulations. (three) years and/or not to exceed the term of office of
the BOC of FCHC.
CIFC Membership Composition:
FCHC : PT Bank CIMB Niaga Tbk (CIMB Niaga) NUMBER, COMPOSITION, AND COMPOSITION
Members : PT CIMB Niaga Auto Finance (CNAF) OF THE INTEGRATED GOVERNANCE
PT CIMB Niaga Sekuritas (CNS) COMMITTEE MEMBERS
Dana Pensiun Bank CIMB Niaga (DaPen) Members of the IGC are appointed by the Board of
Directors (BOD) with the approval of the BOC, based
LEGAL BASIS on recommendations from the Nomination and
The establishment of the CIMB Niaga IG Committee (IGC) Remuneration Committee, or in certain cases based on
is based on the following regulations: decisions of the IGC meetings in accordance with the
a. OJK Regulation (POJK) and Circular Letter (SEOJK) on Letter of Appointment of the FSI member of the CIFC. The
Integrated Governance Implementation for Financial membership, composition, and independence of the IGC
Conglomerates. members meet the applicable criteria and provisions and
b. CIMB Niaga’s Articles of Association. are in line with the IGC Charter.
INTEGRATED GOVERNANCE COMMITTEE In 2025, the IGC comprised 6 (six) members, consisting of
CHARTER 1 (one) Independent Commissioner, 2 (two) Independent
In carrying out its functions, the CIMB Niaga IGC has an Parties, one member of the Sharia Supervisory Board (SSB)
IGC Charter that regulates the membership, structure, of the FCHC, and 2 (two) Independent Commissioners of
authority, duties and responsibilities, meetings, Subsidiaries as representatives of members of the CIFC,
activities, and work procedures of the IGC. The charter as follows:
is periodically reviewed, examined, and updated to align
with applicable regulations and the Bank’s needs. It was
last updated on 1 July 2024, and the document has been
published on the Bank’s official website.
COMPOSITION OF THE INTEGRATED GOVERNANCE COMMITTEE MEMBERS IN 2025
No. Name Positions at the Bank and Subsidiaries Position in Committee Term of Office
1 Dody Budi Waluyo Independent Commissioner of CIMB Niaga Chairman 2024-2027
2 Serena K. Ferdinandus Independent Commissioner of CNAF Member 2024-2027
3 Achiran Pandu Djajanto Independent Commissioner of CNS Member 2025-2026
4 Yulizar D. Sanrego Member of the SSB of CIMB Niaga Member 2023-2026
5 Endang Kussulanjari S. Independent Party Member 2024-2027
6 Angelique Dewi Daryanto Independent Party Member 2025-2028
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PROFILE OF MEMBERS OF THE INTEGRATED GOVERNANCE COMMITTEE
First appointed as Chairman of the IGC effective on 21 August 2024, and concurrently serves as Chairman
of the Audit Committee and a Member of the Risk Oversight Committee.
He also serves as an Independent Commissioner of the Bank.
His complete profile is presented in the Profile of the Board of Commissioners.
Legal Basis for Appointment as Chairman of the Integrated Governance Committee
Circular Resolution of the BOD No. 002/SIR/DIR/IV/2024 dated 18 April 2024.
Dody Budi Waluyo
Chairman of Integrated
Governance Committee
First appointed as a member of the IGC in March 2015 and last reappointed on 18 April 2024.
Educational Bachelor of Economics from the University of Indonesia (1986)
Background &
Professional
Certifications
Work Member of the Audit Committee at PT Elnusa Tbk (2020-2023)
Experiences Member of the Risk Management Committee at PT Elnusa Tbk (2016-2020)
Member of the Audit Committee at PT Elnusa Tbk (2015-2016)
Member of the Audit Committee at PT Blue Bird Tbk (2014-2020)
Commissioner at PT Anpa Internasional (2012-2018)
Member of the Audit Committee at PT Chandra Asri Petrochemical Tbk (2009-2015)
Member of the Audit Committee at PT Barito Pacific Tbk (2009-2013)
Senior Vice President of the Investment Banking Division at PT NC Securities (2002-2009)
Vice President of the Investment Banking Division and Direct Investment Division
Serena K. Ferdinandus at PT Danareksa (Persero) and PT Danareksa Finance (1996-2001)
Member of Integrated Audit Division Manager at Ernst & Young, Sarwoko & Sandjaja in Indonesia (1986-
Governance Committee 1995) and Ernst & Young, Dallas
Concurrent Director of PT Putra Sleman Sembada (2022-present)
Age 64 years old Positions Chairman of the Risk Oversight Committee at PT CIMB Niaga Auto Finance (2020-present)
Independent Commissioner and Chairman of the Audit Committee at PT CIMB
Gender Female Niaga Auto Finance (2012-present)
Nationality Indonesia Chief Audit Executive (Head of Internal Audit & Risk Management Division) at PT
Ithaca Resources (2009-present)
Domicile Jakarta
Shares Nil
Ownership
Affiliated Has no affiliation with other Committee members, members of the BOC, members of
Relationship the SSB, members of the BOD, or Ultimate and Controlling Shareholders.
Legal Basis for Circular Resolution of the BOD No. 002/SIR/DIR/IV/2024 dated 18 April 2024.
Appointment
as a Member of
the Integrated
Governance
Committee
508 PT BANK CIMB NIAGA TBK 2025 Annual Report
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First appointed as a member of the IGC since 7 August 2019 and reappointed on 12 March 2025.
Educational Bachelor of Laws, Gadjah Mada University (1983)
Background & Master of Management, Entrepreneurship Development Institute (1997)
Professional Doctorate, Faculty of Law, Gadjah Mada University (2015)
Certifications
Work Director of Compliance and Risk Management at PT Jasa Marga (Persero) Tbk. (2015-2016)
Experiences Expert Staff to the Minister of State-Owned Enterprises for Governance and
Synergy (2014-2015)
StafExpert Staff to the Minister of State-Owned Enterprises for Human Resources
and Technology (2014-2015)
Deputy for Restructuring and Strategic Planning (2013-2014)
Expert Staff to the Minister of State-Owned Enterprises for Corporate Governance
(2010-2013)
Head of the Legal Division of the Indonesian Bank Restructuring Agency (IBRA)
Achiran Pandu Djajanto (1998-2002)
Member of Integrated Head of the Sub-Directorate of Rural Banks at the Directorate General of Financial
Governance Committee Institutions (DJLK) (1994-1998)
Various other positions in government agencies since 1983
Age 67 years old Concurrent Independent Commissioner of PT CIMB Niaga Sekuritas (2018-present)
Positions
Gender Male
Nationality Indonesia Shares Nil
Ownership
Domicile Bekasi
Affiliated Has no affiliation with other Committee members, members of the BOC, members of
Relationship the SSB, members of the BOD, or Ultimate and Controlling Shareholders.
Legal Basis for Circular Resolution of the BOD No. 001/SIR/DIR/III/2025 dated 12 March 2025.
Appointment
as a Member of
the Integrated
Governance
Committee
First appointed as a member of the IGC in March 2015 and reappointed on 14 March 2023.
He also serves as a member of the Bank’s Sharia Supervisory Board.
His complete profile is presented in the Profile of the Sharia Supervisory Board.
Legal Basis for Appointment as a Member of the Integrated Governance Committee
Circular Resolution of the BOD No. 003/SIR/DIR/III/2023 dated 14 March 2023.
Yulizar D. Sanrego
Member of Integrated
Governance Committee
First appointed as a Member of the IGC in April 2016 and reappointed on 9 April 2020, and 18 April 2024,
and concurrently serves as a Member of the Audit Committee.
Her complete profile is presented in the Profile of the Audit Committee.
Legal Basis for Appointment as a Member of the Integrated Governance Committee
Circular Resolution of the BOD No. 002/SIR/DIR/IV/2024 dated 18 April 2024.
Endang Kussulanjari S.
Member of Integrated
Governance Committee
PT BANK CIMB NIAGA TBK 2025 Annual Report 509
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First appointed as a member of the IGC on 10 April 2023, and reappointed on 12 March 2025, and
concurrently serves as a Member Audit Committee and Risk Oversight Committee.
Her complete profile is presented in the Profile of the Audit Committee.
Legal Basis for Appointment as a Member of the Integrated Governance Committee
Circular Resolution of the BOD No. 001/SIR/DIR/III/2025 dated 12 March 2025.
Angelique Dewi Daryanto
Member of Integrated
Governance Committee
TRAINING FOR INTEGRATED GOVERNANCE 5. Assisting the BOC of FCHC in ensuring that the
COMMITTEE MEMBERS memebr of CIFC implements Sustainability in
Data on training for IGC members in 2025 is included in accordance with the established plan;
the Company Profile chapter of this Annual Report. 6. Assisting the BOC of FCHC in ensuring that FCHC
develops and maintains a Corporate Charter;
INDEPENDENCE STATEMENT OF THE 7. Hold regular IGC meetings;
INTEGRATED GOVERNANCE COMMITTEE 8. Obtain input, suggestions, and recommendations
All members of the IGC declare that they have met all from professionals or other parties outside the
independence criteria and are capable of carrying out FCHC, the members, or CIFC related to their duties as
their duties independently, upholding the interests of members of the IGC;
FCHC, and are not subject to influence by any party. This 9. Have the authority to request information in the form
statement is supported by the composition of the IGC, of evaluation results from:
which consists of at least: a. The integrated compliance function of the
1. An Independent Commissioner who serves as Integrated Compliance Unit;
Chairman of one of the FCHC committees, as b. The integrated internal audit function of the
Chairman and also as a member; Integrated Internal Audit Unit regarding the
2. Independent Commissioner representing and implementation of internal audits; and
appointed from the respective member of CIFC, as a c. The integrated risk management function
member; regarding the implementation of integrated
3. An Independent Party, as a member. risk management by the Integrated Risk
Management Committee and/or the Integrated
DUTIES, RESPONSIBILITIES, AND AUTHORITY Risk Management Unit, including but not limited
The IGC has the following duties, responsibilities, and to the implementation of integrated minimum
authority: capital requirements;
1. Evaluating the implementation of IG through, at a 10. The Committee Chairman is required to prepare
minimum, an assessment of the adequacy of internal and submit a report to the BOC of FCHC on the
control and the implementation of the integrated implementation of each of his/her duties, along
compliance function; with recommendations (if deemed necessary for
2. In conducting the evaluation referred to in point 1 approval).
above, the IGC obtains information in the form of
evaluation results on the implementation of internal INTEGRATED GOVERNANCE COMMITTEE
audits and the compliance function of each FSI from MEETINGS AND ATTENDANCE
members of the BOC of each FSI who are members of IGC meetings may only be held if attended by at least 51%
the IGC; (fifty-one percent) of the total membership, including
3. Providing recommendations on the adequacy and Independent Commissioners and Independent Parties.
improvement of internal control, the implementation The IGC is required to hold meetings at least twice a year.
of the integrated compliance function, the
implementation of risk management and GCG; Throughout 2025, the IGC convened 2 (two) meetings,
4. Providing recommendations to the BOC of FCHC which, among others, included the approval of
regarding the preparation and improvement of the minutes from previous meetings, the issuance of
IG Guidelines prepared by the BOD of FCHC; recommendations, discussions on follow-up actions from
prior meetings, and other matters requiring attention.
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MEMBER ATTENDANCE AT INTEGRATED GOVERNANCE COMMITTEE MEETINGS FOR
JANUARY – DECEMBER 2025
Attendance Attendance via Average Attendance
at Integrated
Name Physical Attendance Teleconference or Attendance Rate
Governance Rate
Telepresence
Committee Meetings
Dody Budi Waluyo 2 2 - 100%
Serena K. Ferdinandus 2 2 - 100%
Achiran Pandu Djajanto 2 1 1 100%
100%
Yulizar D. Sanrego 2 - 2 100%
Endang Kussulanjari S. 2 2 - 100%
Angelique Dewi Daryanto 2 2 - 100%
INTEGRATED GOVERNANCE COMMITTEE MEETING AGENDA
Throughout 2025, the agenda for discussions at the IGC meetings is as follows:
No. Date Agenda
1 10 February 2025 Regular Agenda:
1. Confirmation of the Minutes of the previous IGC Meeting.
2. Report on follow-up actions or discussions on outstanding issues from the previous IGC meeting.
Other Agenda:
1. Integrated Risk Profile Report for 2nd Semester of 2024.
2. Integrated Minimum Capital Adequacy Report for 2nd Semester of 2024.
3. Integrated Internal Audit Report:
• Integrated Internal Audit Governance Report for 2nd Semester of 2024.
• Sharia Banking Audit Update for 2nd Semester of 2024.
4. Integrated Governance Implementation Report:
• Integrated Compliance for 2nd Semester of 2024.
• CIMB Niaga Integrated Governance Report for 2nd Semester of 2024 (Self-Assessment).
2 8 August 2025 Regular Agenda:
1. Confirmation of the Minutes of the previous IGCMeeting.
2. Report on follow-up actions or discussions of outstanding issues from the previous IGC meeting.
Other Agenda:
1. Integrated Risk Profile Report for 1st Semester of 2025.
2. Integrated Minimum Capital Adequacy Report for 1st Semester 2025.
3. Integrated Internal Audit Report:
• Integrated Internal Audit Governance Report for 1st Semester 2025.
• Sharia Banking Audit Update for 1st Semester 2025.
4. Integrated Governance Implementation Report:
• Integrated Compliance for 1st Semester 2025.
• CIMB Niaga Integrated Governance Report for 1st Semester 2025 (Self-Assessment).
5. Changes to the CIMB Indonesia Financial Conglomerate Structure
INTEGRATED GOVERNANCE COMMITTEE DUTIES IMPLEMENTATION REPORT IN 2025
During 2025, the IGC conducted activities focused on evaluating and/or reviewing the following reports and/or matters:
1. Integrated Risk Profile Report as part of the Integrated Risk Management Report.
2. Integrated Capital Adequacy Report as of December 2024 and June 2025.
3. Integrated Governance Implementation Report for 2nd Semester of 2024 and 1st Semester of 2025, including the
Integrated Compliance Report.
4. Integrated Internal Audit Report (including Sharia) for 2nd Semester of 2024 and 1st Semester of 2025.
5. Periodic Self-Assessment Report on the Implementation of IG for the period of December 2024 and June 2025.
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INTEGRATED GOVERNANCE COMMITTEE 2026 WORK PLAN
EVALUATION OF THE IMPLEMENTATION OF In 2026, the IGC plans to carry out several activities,
INTEGRATED GOVERNANCE IN THE CIMB including the following:
INDONESIA FINANCIAL CONGLOMERATION 1. Review the Integrated Risk Management Report.
The IGC conducts periodic and ongoing evaluations 2. Review the Integrated Core Capital Adequacy Report.
and assessments of the implementation of IG within 3. Review the Integrated Internal Audit Report, including
the CIFC. These evaluations and assessments include, the Sharia Audit.
among other things, the adequacy of internal controls, 4. Review the Integrated Compliance Report.
risk management, capital levels, and the implementation 5. Review the Integrated Risk Profile Report.
of integrated compliance functions. In 2025, the IGC 6. Review the IG Implementation Report.
assessed that the implementation of IG within the CIFC 7. Review the Governance Policy and provide
had been implemented effectively and consistently with recommendations to the BOC of FCHC if changes are
the provisions governing IG for Financial Conglomerates in necessary.
Indonesia. The IGC also assessed that the implementation 8. Periodic Self-Assessment Reports on the
was tailored to the characteristics, size, and complexity of Implementation of IG for the positions of December
CIFC, thus maintaining overall governance effectiveness. 2025 and June 2026.
In other words, CIFC has implemented integrated
governance across the board and the application of the
IG principles is adequate. However, weaknesses were still
identified. These weaknesses are generally insignificant
and can be addressed/corrected through normal actions
by FCHC and/or FSIs member of CIFC.
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REMUNERATION OF MEMBERS OF THE INTEGRATED GOVERNANCE COMMITTEE
1. REMUNERATION PACKAGE AND OTHER FACILITIES RECEIVED
Amount Received in 1 Year by IGC Members
Type of Remuneration and other Facilities 2025* 2024*
Person Rp (Million) Person Rp (Million)
Remuneration (salary, routine allowances, and other in-kind benefits) 6 10,489 8 13,122
Other in-kind benefits (housing, transportation, health insurance, etc.)
- - - -
that:
a. Can be owned - - - -
b. Cannot be owned 1 54 3 107
Total 6 10,552 8 13,229
*
Includes remuneration paid by subsidiaries.
Including Committee members who have just appointed or resigned in the relevant year.
Number of IGC Members
Remuneration per Person
2025 2024
Above Rp5 billion 1 -
Above Rp2 billion to Rp5 billion - 2
Above Rp1 billion to Rp2 billion 2 3
Above Rp500 million to Rp1 billion 3 3
Below Rp500 million - -
Including Committee members who have just appointed or resigned in the relevant year.
2. VARIABLE REMUNERATION FOR MEMBERS OF THE INTEGRATED GOVERNANCE COMMITTEE
Amount received in 1 Year by the IGC Members
Variable Remuneration*
2025 2024
Person Rp (Million) Person Rp (Million)
Total Nil Nil Nil Nil
*
Performance- and risk-related remuneration (including bonuses/bonuses).
None of the members of the IGC of CIMB Niaga received any variable remuneration (shares or bonuses, whether
performance based and non-performance based, as well as stock options).
Dody Budi Waluyo
Chairman of Integrated Governance Committee
Serena K. Ferdinandus Achiran Pandu Djajanto
Member of Integrated Governance Committee Member of Integrated Governance Committee
Yulizar D. Sanrego Endang Kussulanjari S. Angelique Dewi Daryanto
Member of Integrated Governance Committee Member of Integrated Governance Committee Member of Integrated Governance Committee
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Committees at the Board of Directors Level
Committees at the level of the Board of Directors Secretary:
(BOD), referred to as Executive Committees (Exco), Senior Executive in Risk Management appointed by the
have the duty to assist the BOD in executing the Bank’s Risk Management Director.
operational activities. In 2025, CIMB Niaga had 5 (five)
Exco, consisting of the Risk Management Committee The profiles of RMC members are listed in the Profiles of
(RMC), Assets & Liability Committee (ALCO), IT Steering BOD and Senior Executives section within the Company
Committee (ITSC), Credit Policy Committee (CPC), and Profile Chapter of this Annual Report.
Executive Credit Committee (ECC). The BOD also has
the authority to establish other Excos as required by the DUTIES AND RESPONSIBILITIES
Bank’s needs. 1. Establish and recommend risk management policies
and frameworks, including the Bank’s risk management
POSITION OF EXECUTIVE COMMITTEES (EXCO) strategy and Risk Appetite Statement (RAS).
IN THE BANK’S STRUCTURE 2. Review risk exposures and the implementation of
As illustrated in the governance committee structure the Bank’s (including Subsidiaries) both periodically
within the Risk Management Chapter of this Annual or incidentally due to sudden changes of the Bank’s
Report, the Excos report directly to the BOD. external/ internal conditions.
3. Approve risk profile reports, stress testing reports
RISK MANAGEMENT COMMITTEE (RMC) and scenarios including their mitigation plans.
4. Approve specific risk management policies not
MAIN FUNCTION AND AUTHORITIES covered by other executive committees.
RMC performs a main function and holds the authority 5. Review and analyze the capital adequacy of the Bank’s
to provide recommendations to the President Director (including Subsidiaries).
in formulating and refining policies, evaluating the 6. Approve portfolio limits/ MAT (e.g., Sector Limit,
update and condition of risk profile, as well as providing House Limit, VaR Limit, Consumer Banking ELR, etc.).
necessary recommendations and corrective measures. 7. Evaluate and approve treasury trading limits, excess
trading limit, changes to market risk measurements,
STRUCTURE AND MEMBERSHIP and Credit Risk Factors for Treasury products.
Member of RMC should be at least 2/3 (two-thirds) of total 8. Approve risk models related to capital, provision, and
member of BOD and appointed Executive Officers at one business uses (if required), including model validation
level below the BOD. The RMC’s membership structure is results.
determined by the RMC Charter, which are the same or
is recognized as the appointment of the Chairman, Vice MEETINGS, QUORUM, AND DECISION-MAKING
Chairman, and Committee Members as listed below. 1. Members consist of BOD and Chiefs who are currently
active.
RMC MEMBERSHIP STRUCTURE 2. Quorum attendance fulfilled if the meeting is attended
Chairman : President Director by at least 2/3 (two-thirds) of the total Committee
Vice Chairman 1 : Risk Management Director members, where one of them is the Chairman or Vice
Vice Chairman 2 : Strategy & Finance Director Chairman of the Committee.
3. In the absence of Chairman, the Vice Chairman will
Member: chair the meeting.
1. Operations, Technology, Analytics & AI Director 4. In the absence of both Chairman and Vice Chairman,
2. Treasury & Capital Markets Director members of the meeting shall elect one attended
3. Consumer Banking Director BOD to be the Chairman.
4. Compliance, Corporate Affairs & Legal Director 5. The use of Alternates is permitted for Directors (in
5. Sharia Banking Director accordance with applicable provisions).
6. Business Banking Director 6. All members have voting rights.
7. Human Resources Director 7. Director who acts as Alternate is allowed to cast 1
8. Chief Special Asset Officer (one) vote for him/herself and 1 (one) vote for the
9. Chief Audit Executive represented Director.
10. Chief of Network & Digital Banking 8. Quorum decision is fulfilled if the decision is approved
by at least 2/3 (two-thirds) of attending members,
where one of them is Chairman or Vice Chairman of
the committee.
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2025 WORK PROGRAM REALIZATION STRUCTURE AND MEMBERSHIP
1. Performed evaluations and provided Member of ALCO should be at least 2/3 (two-thirds) of
recommendations on risk management-related total member of BOD, and appointed Executive Officers
policies, including the Risk Appetite Statement (RAS). at one level below the BOD, in line with the Bank’s BOD
2. Conduct risk reports discussion as well as provide Charter. The ALCO membership structure (including
guidance on significant issues to be followed-up by the Sharia PC membership structure) is as listed below,
the relevant parties. which also serves as or is recognized as the appointment
3. Conduct evaluations and provide approvals for risk of the Chairman, Vice Chairman, and members of the
limits. respective committees.
4. Conduct discussion on Risk Hotspots and Emerging
Risks. ALCO MEMBERSHIP STRUCTURE
5. Approved Basel & IFRS 9 models and their validation Chairman : President Director
results for specific business segments. Vice Chairman 1 : Strategy & Finance Director
6. Approved scenarios and results of several stress Vice Chairman 2 : Treasury & Capital Markets Director
tests.
7. Discussed and approved portfolio strategies for Member:
specific business segments. 1. Risk Management Director
8. Conduct evaluation on Risk Management Committee 2. Business Banking Director
performance. 3. Consumer Banking Director
4. Sharia Banking Director
2026 WORK PLAN
1. Strengthen the evaluation and recommendations of Secretary:
risk management policies to be more responsive to Head of Capital & Balance Sheet Management
business dynamics.
2. Developing a more adaptive risk appetite and Sharia PC Membership Structure
enhancing the quality of risk limit evaluation and Chairman : Sharia Banking Director
approval. Vice Chairman 1 : Strategy & Finance Director
3. Enhancing the committee’s role in assessing the Vice Chairman 2 : Treasury & Capital Markets Director
effectiveness of risk management strategies and the
implementation of best practices. Member:
4. Improving the effectiveness of meetings by focusing 1. Head of Sharia Business Banking
on the review of key risk issues. 2. Head of Sharia Consumer
5. Optimizing compliance with regulatory requirements 3. Head of Sharia Risk Control, Governance, Business
through continuous alignment of policies and Solution & Process Excellence
processes. 4. Head of Advisory & Legal – Sharia
5. Head of Sharia Strategy, Performance, Reporting,
CERTIFICATION Analytics & Transformation
RMC membership has fulfilled the certification level
requirements in accordance with Risk Management The profiles of ALCO members are listed in the Profiles of
certification requirements. BOD and Senior Executives section within the Company
Profile Chapter of this Annual Report.
ASSET & LIABILITY COMMITTEE (ALCO)
DUTIES AND RESPONSIBILITIES
MAIN FUNCTION AND AUTHORITIES 1. Balance Sheet and Net Interest Income (NII)
The ALCO plays a role in supporting the BOD in analyzing a. Review and analyze the Bank’s balance sheet
and evaluating the Bank’s asset and liability management. by business, asset and liability composition,
The ALCO formulates integrated asset and liability currency, growth, income, and margin.
management policies, strategies, and targets, enabling b. Review variances between planned and actual
effective and sustainable decision-making related to balance sheet figures and their impact on funding
the Bank’s financial structure, liquidity, and risk profile. and lending, balance sheet ratios, and whether
Furthermore, the ALCO also holds authority over the the Bank remains within Risk Appetite limits.
Sharia Pricing Committee (Sharia PC). The Sharia PC has
the autonomy to make decisions, particularly regarding
the determination of gross yield distribution rates, which
will be reported regularly at ALCO meetings.
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c. Review Net Interest Income (NII) and Net Interest 4. Sharia PC
Margin (NIM) trends including projections, a. Determine the Gross Yield for the current month
variance with planned NIM, and detail necessary and ensure it complies with Sharia requirements.
actions. b. Determine or adjust the profit-sharing ratio
d. Review the impact on NII under Base Case (nisbah) if required.
conditions and under Stressed Economic c. Determine the amount charged or reserved for
Scenarios. Profit Equalization, based on Sharia principles.
e. Review and ensure the Fund Transfer Pricing d. Determine the amount of hibah (if any) to be
(FTP) framework is appropriate and functions granted.
as a bridge between business lines in designing e. Execute activities delegated by the ALCO from
and implementing FTP, prioritizing consistency in time to time.
Bank performance.
f. Review and approve pricing requiring regulatory MEETINGS, QUORUM, AND DECISION-MAKING
approval as well as pricing for new and existing 1. Meetings are held a minimum of 12 (twelve) times per
products to align with the Bank’s strategic and year.
business objectives through meeting quorum 2. Meeting quorum requires the attendance of at least
requirements. 2/3 (two-thirds) of the total number of BOD.
2. Contingency Funding Plans 3. Decision-making quorum requires approval by at least
a. Review the Contingency Funding Plan (CFP) as 2/3 (two-thirds) of the BOD present at the meeting.
an operational business plan and measure its 4. Attendance and decision-making quorum for
capacity to ensure that planned management transactional matters such as fund transfer pricing,
actions are realistic; and pricing, and deposit pricing authority is delegated
b. Ensure that Early Warning Indicators are relevant to at least 1 (one) of the 2 (two) Directors: Strategy
to current conditions. & Finance or Treasury & Capital Markets. Meanwhile,
3. Capital & Balance Sheet Management transactional decisions related to risk limits are
a. Review the Capital & Balance Sheet Management delegated to the Risk Management Director.
framework and policies to ensure that they align
with CIMB Niaga’s current and future operational SHARIA PC
size and complexity; 1. Meeting quorum requires the attendance of at least
b. Uphold the implementation of consistent 1/2n+1 or a minimum of 1 (one) Sharia PC member
practices and policies within the Bank; consisting of the Chairman or a Vice Chairman.
c. Approve Management Action Triggers (MAT)/ 2. If a Sharia PC member is unable to attend, they
limits for liquidity and interest rate risk within the may be replaced by a substitute appointed by that
Banking Book; member.
d. Establish, oversee, and review hedging strategies 3. Meeting decisions can be made when the meeting
for entities under CIMB Niaga; quorum is fulfilled.
e. Review and ensure the Bank’s risk profile remains
within established MAT/limits for liquidity and 2025 WORK PROGRAM REALIZATION
interest rate risk in the Banking Book, including 1. Continued initiatives to accelerate lending to resilient
reviewing internal and regulatory stress test sectors and products.
results across all currencies and material banking 2. Ensured the Bank’s liquidity level remained optimal
entities under CIMB Niaga; amidst increasing interbank competition while
f. Review and approve ALM risk parameter models maintaining efficient funding costs and ensuring the
and validation models; and availability of alternative funding sources.
g. Identify and review funding and liquidity needs, 3. Optimized the balance sheet through adjustments
and take appropriate actions for specific liquidity to funding and lending costs, particularly in a market
and funding conditions. environment of rising interest rates and global
economic uncertainty.
4. Conducted stable and diversified funding for the
Sharia Business Unit and ensured readiness for spin-
off in accordance with Regulatory requirements.
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2026 WORK PLAN Member:
1. Continue strategies to secure low-cost funding from 1. Risk Management Director
current and savings accounts through new initiatives 2. Consumer Banking Director
and programs. 3. Treasury & Capital Markets Director
2. Ensure interest rate transmission, especially for 4. Sharia Banking Director
floating-rate loans and new loans, and ensure interest 5. Business Banking Director
rate risk in the banking book is well-managed amid 6. Compliance, Corporate Affairs & Legal Director
expectations of domestic and foreign interest rate 7. Human Resources Director
movements. 8. Chief Audit Executive
3. Ensure the Bank’s liquidity level remains optimal 9. Chief of Network and Digital Banking
by ensuring growth in third-party funds and other 10. Head of Information Technology (also serves as
balance sheet components aligns with the business Committee Secretary)
plan and prevailing regulatory requirements. 11. Head of Information Security
4. Ensure stable and diversified funding for the Sharia
Business Unit and continue preparing the spin-off The profiles of ITSC members are listed in the Profiles of
plan in accordance with regulatory requirements. BOD and Senior Executives section within the Company
Profile Chapter of this Annual Report.
CERTIFICATION
ALCO membership does not have specific certification DUTIES AND RESPONSIBILITIES
obligations. The duties and responsibilities of the ITSC are to provide
recommendations regarding:
INFORMATION TECHNOLOGY STEERING 1. IT strategic plans aligned with the Bank’s corporate
COMMITTEE (ITSC) plan.
2. IT policies, standards, and procedures.
PRIMARY FUNCTION AND AUTHORITY 3. Alignment between IT development plans and IT
The primary function and authority of the ITSC is strategic plans.
to provide recommendations regarding the Bank’s 4. Alignment between IT development implementation
information technology strategic plans, policies, and IT development plans.
development, and operations. This provision refers 5. Evaluation of IT cost-effectiveness against planned
to POJK No. 11/POJK.03/2022 regarding Information benefits.
Technology Operations by Commercial Banks, Article 7 6. Monitoring IT performance and efforts to improve IT
paragraph 2. performance.
7. Efforts to resolve various IT-related issues that cannot
STRUCTURE AND MEMBERSHIP be resolved effectively, efficiently, and timely by user
In line with the BOD Charter, ITSC membership units and IT operators.
comprises at least 2/3 (two-thirds) of the total number 8. The adequacy and allocation of IT-related resources
of BOD members, plus appointed Executive Officers one owned by the Bank.
level below the BOD. The ITSC membership structure is 9. A Cybersecurity Strategic Plan aligned with the Bank’s
as listed below, which also serves as or is recognized as risk appetite, followed by a comprehensive work plan
the appointment of the Chairman, Vice Chairman, and for technology operations and risk management.
Committee Members.
MEETINGS, QUORUM, AND DECISION-MAKING
The ITSC Membership Structure has been adjusted 1. Committee meetings must be held at least 4 (four)
to comply with OJK Regulation No. 11/POJK.03/2022 times per year.
regarding Information Technology Operations by 2. Meeting attendance quorum requires more than 2/3
Commercial Banks. (two-thirds) of the total number of BOD.
3. Meeting decision quorum requires approval by more
ITSC MEMBERSHIP STRUCTURE than 2/3 (two-thirds) of the BOD present.
Chairman : President Director
Vice Chairman 1 : Operations, Technology, Analytics & 2025 WORK PROGRAM REALIZATION
AI Director 1. Monitored the IT Strategic Plan 2025 - 2030 and
Vice Chairman 2 : Strategy & Finance Director directed follow-up actions to refresh the IT Strategic
Plan 2025 - 2030.
2. Established the formulation of key IT policies,
standards, and procedures.
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3. Approved IT projects for the 2025 fiscal year. STRUCTURE AND MEMBERSHIP
4. Conducted routine monitoring of the status of IT The CPC membership structure consists of BOD and
project development for the 2025 fiscal year. appointed Executive Officers at one level below the
5. Monitored the alignment of IT with the Bank’s Directors. CPC membership structure consists of those
business activities. who are also or are recognized as the Chairman, Vice
6. Reviewed/monitored IT budget and capital Chairman, and Members of the Committee, as mentioned
expenditure usage. below. CPC Membership Structure has been adjusted to
7. Monitored IT service efficiency and efforts to improve OJK Regulation (POJK) No. 42/POJK.03/2017 regarding
IT performance. the Obligation to Prepare and Implement Bank Credit or
8. Monitored and provided direction on IT and Financing Policies for Commercial Banks.
Cybersecurity issues and developments.
9. Analyzed IT and Cybersecurity resources owned by CPC MEMBERSHIP STRUCTURE
the Bank. Chairman : President Director
10. Monitored and provided recommendations on the Vice Chairman 1 : Risk Management Director
Cybersecurity Strategic Plan, including monitoring Vice Chairman 2 : Consumer Banking Director
incidents and cybersecurity developments affecting
the Bank’s systems. Member:
1. Treasury & Capital Markets Director
2026 WORK PLAN 2. Operations, Technology, Analytics & AI Director
1. Evaluate, direct, and monitor the IT Strategic Plan 3. Compliance, Corporate Affairs & Legal Director
2025-2030. 4. Strategy & Finance Director
2. Recommend the formulation of key IT policies, 5. Sharia Banking Director
standards, and procedures. 6. Business Banking Director
3. Recommend the formulation of the IT project budget 7. Human Resources Director
for the 2026 fiscal year along with project priorities in 8. Chief Special Asset Officer
accordance with the IT strategic plan. 9. Chief of Network & Digital Banking
4. Recommend the execution of IT projects. 10. Chief Audit Executive
5. Recommend the alignment of IT with the Bank’s
business activities. Secretary:
6. Review/monitor IT budget and capital expenditure Head of Non-Retail Credit Policy and Assurance Testing.
usage.
7. Monitor IT service efficiency. The profiles of CPC members are presented in the
8. Monitor IT and Cybersecurity issues and Profiles of BOD and Senior Executives in the Company
developments. Profile Chapter of this Annual Report.
9. Recommend analysis of IT and Cybersecurity
resources owned by the Bank. DUTIES, RESPONSIBILITIES, AND AUTHORITIES
10. Recommend the Cybersecurity Strategic Plan and 1. To establish the direction of credit policy (including
monitor cybersecurity incidents affecting the Bank’s risk acceptance criteria, credit process and approval)
systems. and align with Bank’s risk appetite to support loan
growth with good quality and take into account
CERTIFICATION prudent banking practices.
ITSC membership does not require any certain 2. To established and ensure the consistency of:
certification. a. The Bank’s consistent compliance with credit
management policies and applicable regulations,
CREDIT POLICY COMMITTEE (CPC) particularly related to significant risk exposures.
b. Approval of credit management policies and
MAIN FUNCTIONS AND AUTHORITIES strategies.
CPC is a Credit Policy Committee consisting of BOD and c. Monitoring the implementation of credit policies.
Executive Officers who are appointed to formulate and d. Approval of criteria for officers to be appointed as
provide suggestions for improvements related to the Credit Committee Member.
Bank’s credit policies. Furthermore, CPC also has the
function to ensure the fulfillment of the principle of MEETINGS, QUORUM, AND DECISION-MAKING
corporate governance in credit policy for the benefit of 1. Meetings should be held at least 10 (ten) times in a
the Bank and its stakeholders. year.
2. Meetings are valid and entitled to make binding
decisions if attended and/or represented by more
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than 2/3 (two-thirds) of the total members with b. Pre-Settlement Bond Limit for Private Banking
provided that, it must include at least more than 2/3 Customers.
(two-thirds) of the total number of BOD in office. 2. Annual Review and Changes to FX Product
3. Meeting decisions must be made through deliberation Program.
to reach a consensus. 3. Proposal for Annual Review & Addition of
4. In the event that a decision based on the deliberation Counterparty Types for Bonds Repo & Reverse
for consensus is not reached, then decision shall be Repo Transactions – Corporate Customers.
made by voting based on the affirmative votes of 4. Annual Review & Proposed Changes to Repo/
more than 2/3 (two-thirds) of the members present, Reverse Repo Provisions.
provided that must include at least more than 2/3
(two-thirds) of the affirmative votes of the incumbent C. Approval Authority Stipulations.
members of the BOD in office. Amendments, adjustments and policy updates
include:
2025 WORK PROGRAM REALIZATION 1. Proposed Changes to the Terms of Reference for
Throughout 2025, the CPC conducted updates and Financial Institutions (ToR FI).
adjustments to Credit Policies (Conventional and Sharia) 2. Proposed Changes to the Terms of Reference
with details as follows: (ToR) for Non-Retail Credit Authority following the
establishment of PT. Satyaguna Langgeng Capital
A. Commercial Credit Stipulations. (SLC).
Amendments, adjustments and updates on credit
policies include: D. Transaction Banking Stipulations
1. Policy related to the Removal of Guarantee Amendments, adjustments and policy updates
Stipulations from the Indonesian Government in include:
order to support the National Economic Recovery 1. Changes to Conventional & Sharia Trade Finance
Program (PEN) (validity period has expired) and Product Policies (KPTF) regarding:
collateral originating from DHE & SDA or other a. Bank Guarantees and Standby Letters of
DHE, Loan Sale and Asset Sale based on applicable Credit.
external regulator stipulations (PBI and POJK). b. Correspondent Bank Bill Discounting (CBBD)
2. Adjustments to the Principal of Credit Policy, (CBBD KPTF scheme initiated by Applicant
Principal of Sharia Financing Policy, and applies only to Conventional KPTF).
Commercial Credit Policy related to borrower 2. Proposed Changes to Consent Product Owner
grouping. Trade Finance & Value Chain in Non-Retail JDA
3. Other stipulations are updated periodically in ToR & ECC ToR.
regards to Commercial Credit Policy (Conventional
& Sharia), particularly in the Introduction, E. Emerging Business Banking (EBB) and Consumer
Organization and Credit Authority, Credit Facilities Stipulations
& Asset Sales, Credit Underwriting, Governance of During 2025, there were adjustments to Policies for
Program Submission, Credit Collateral, Provision the EBB segment and Consumer Credit/Financing
for Asset Quality Assessment (PPKA) & Allowance products in regard to external policies issued by
for Impairment Losses (CKPN), Handling of Non- regulators, government regulations, and business
Performing Loans, Account Maintenance, Credit strategies aligned with the risk level defined by the
Monitoring & Reporting, Appointment of Third Bank.
Party Services Related to Credit (Insurance, Public
Appraisal Services, Notaries, Private Auction F. Wholesale Credit Portfolio Management (WCPM)
Houses, Legal Advisors, and Public Accounting Stipulations.
Firms) and Credit Supervision & Examination. 1. Update & Adjustment of Commercial Credit
Policies sub Sector Appetite Policy (Conventional
B. Treasury Stipulations & Sharia).
Amendments, adjustments and updates to Treasury 2. Ratification of the Update of Commercial Credit
policies include: Policies sub Sector Appetite Policy (Conventional
1. Product Programs: & Sharia).
a. Domestic Non-Deliverable Forward (DNDF)
with Private Banking Customers and Type A G. Sharia Banking Stipulations
Preferred Banking Customers. Adjustment of Sharia Commercial Financing Policy
sub Financing Facilities.
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2026 WORK PLAN 3. Make decisions regarding restructuring applications
1. Evaluate the proposed credit policy/strategy and/ and any changes to the proposed credit/financing
or its update in order to keep referring to the latest structure.
applicable conditions and regulations, including 4. Assess risk-return trade-offs when making decisions
adjustments to macroeconomic conditions, on other credit/financing applications to ensure that
regulatory regulations and the bank’s risk appetite, so granted facilities are within/consistent with the Bank’s
that loan growth with good quality can be maintained risk appetite.
while still considering prudential aspects. 5. Make final decisions on obligor risk rating/issue/
2. Approve the proposed credit policy and/or its determine ratings for all loan applications submitted
amendment as suggested in point 1 above. for approval.
3. Supervise and ensure that the implementation of 6. Recommend to the BOC to make/take decisions on
credit policies complies with applicable internal and credit applications within the authorities of the BOC.
external regulations. 7. Provide direction and recommendations on
information related to Loan Impairment and Watch
CERTIFICATION List Accounts.
CPC membership does not require any certain 8. Recommend to the BOD (if necessary) on various
certification. matters related to the credit/financing process, either
case-by-case or generally.
EXECUTIVE CREDIT COMMITTEE (ECC) 9. Review and delegate decision-making authority
related to non-credit matters and/or applications
PRIMARY FUNCTION AND AUTHORITIES for matters that can be considered as commercial/
The ECC is a Credit Committee tasked with making business decisions to relevant business units.
decisions on credit/financing proposals from all Non- 10. Perform other functions based on and when
Retail Business Segments at CIMB Niaga Bank, comprising requested by the Committee Chairman or the Risk
business function and risk function officers based on the Management Director.
four-eyes principle according to authorities and avoiding
conflicts of interest. MEETINGS, QUORUM, AND DECISION-MAKING
1. Meetings are held at least 4 (four) times per month.
STRUCTURE AND MEMBERSHIP 2. Meetings are chaired by a Meeting Chairman, which
The ECC membership comprises at least 3 (three) BOD can be one of the Chairman/Vice Chairman 1/Vice
and appointed Executive Officers and Senior Officers. Chairman 2.
3. A meeting can be held with the attendance of at
Chairman : Business Banking Director least 5 (five) members, with at least 1 (one) attending
Vice Chairman 1 : Risk Management Director Director. Composition of attending members:
Vice Chairman 2 : Head of Non-Retail Credit Risk a. Chairman/Vice Chairman 1/Vice Chairman 2, any
Management one;
b. At least 2 (two) members from business units and
Member: one from the unit submitting the proposal;
1. Sharia Banking Director c. At least 2 (two) members from the Directorate of
2. Chief Special Asset Officer* Risk Management - Credit.
3. Head of Corporate Banking 4. The votes of the Risk Management Director and
4. Head of Commercial Banking the Head of Non-Retail Credit Risk Management
5. COMBA & EBB Credit Head are counted as votes from the Directorate of Risk
6. Commercial Banking Business Credit Head Management – Credit and are independent.
*
Special member for restructuring proposals, High Watch List, Impaired Loan. 5. Decisions are made based on majority vote. Every
approval must obtain at least 1 (one) agreement
DUTIES AND RESPONSIBILITIES vote from an Independent Vote or a vote from the
1. Conduct review/evaluation and make case-by-case Directorate of Risk Management – Credit.
decisions on credit/financing applications from all 6. A tie/equal vote means “Rejection” for the submitted
Non-Retail business segments in the Bank according application.
to its authority.
2. Ensure that the overall credit/financing portfolio
complies with/adheres to guidelines from competent
authorities, applicable credit/financing rules/policies,
as well as procedures and risk appetite.
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2025 WORK PROGRAM REALIZATION LEGAL BASIS OF APPOINTMENT, TERM OF
In 2025, 88 (eighty-eight) ECC meetings were held, OFFICE & WORK GUIDELINES OF EXECUTIVE
resulting in 1,285 (one thousand two hundred eighty- COMMITTEES (EXCO)
five) credit decisions, consisting of 659 (six hundred fifty- The Bank establishes the legal basis for the appointment
nine) decisions made through meeting quorum, 293 (two and tenure of all Exco members in the respective
hundred ninety-three) decisions through full circulation Committee Charters, which also serve as the work
to all members, and 333 (three hundred thirty-three) guidelines for each Exco.
decisions through delegation.
APPOINTMENT AND DISMISSAL MECHANISM
2026 WORK PLAN FOR EXCO CHAIRMAN
In 2026, the ECC has established a work plan to provide Exco Chairman are appointed and dismissed by the
decisions on credit/financing proposals from all Non- Bank’s BOD.
Retail business segments according to its authorities (New
Proposals, Additions, Reductions, and/or Extensions, EXCO INDEPENDENCE STATEMENT
including setting/changing credit structures). All Exco members declare have met all independence
criteria and are capable of performing their duties
CERTIFICATION independently, upholding the interests of the Bank, and
ECC membership does not require any certain cannot be influenced by any party.
certification.
EXCO MEMBER TRAINING
All the trainings for Exco members in 2025 are presented
in the Bank’s training data in the Company Profile Chapter
of this Annual Report.
FREQUENCY AND ATTENDANCE RATE OF THE BOD AT EXECUTIVE COMMITTEE (EXCO) MEETINGS IN 2025
Frequency and Attendance Rate
Name
RMC ALCO ITSC CPC ECC
Lani Darmawan 13/14 (93%) 17/19 (89%) 4/4(100%) 11/12 (92%) Non-Member
Lee Kai Kwong 14/14 (100%) 19/19 (100%) 4/4(100%) 10/12 (83%) Non-Member
John Simon 14/14 (100%) 18/19 (95%) 3/4 (75%) 10/12 (83%) Non-Member
Fransiska Oei 13/14 (93%) Non-Member 3/4 (75%) 11/12 (92%) Non-Member
Pandji P. Djajanegara 13/14 (93%) 17/19 (89%) 4/4(100%) 11/12 (92%) 78/88 (89%)
Henky Sulistyo 13/14 (93%) 18/19 (95%) 3/4 (75%) 10/12 (83%) 77/88 (88%)
Joni Raini 12/14 (86%) Non-Member 4/4(100%) 12/12 (100%) Non-Member
Rusly Johannes 13/14 (93%) 17/19 (89%) 4/4(100%) 12/12 (100%) 79/88 (90%)
Noviady Wahyudi 13/14 (93%) 16/19 (84%) 4/4(100%) 10/12 (83%) Non-Member
Rico Usthavia Frans *
6/6 (100%) Non-Member 2/2 (100%) 4/5 (80%) Non-Member
*
Appointed at the AGMS on 14 April 2025 and effective on 24 July 2025.
In addition to the 5 (five) Exco, CIMB Niaga has also established Special Committees (Speco), which are formed by
the relevant Directors based on organizational needs. These committees include, among others, the Operational Risk
Committee (ORC), the Special Asset Management Committee (SAMC), the Asset Quality Committee (AQC), and the
Customer Experience Committee (CXC). The establishment of Speco enables faster, more directed, and more focused
decision-making on operational and strategic issues that require special attention.
Speco membership comprises of a Director in charge, other relevant Directors as necessary, and a number of Executive
Officers appointed through Speco meetings. Each committee carries its duties and responsibilities based on its
resprective Charter, which clearly and systematically defines the scope of roles and working mechanisms.
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Corporate Secretary
The Corporate Secretary of CIMB Niaga plays a vital role in TERM OF OFFICE AND DOMICILE
ensuring transparency, accountability, and continuity of Fransiska Oei has served as Corporate Secretary since 26
communication between the Bank and all stakeholders. September 2016 up to now, and is domiciled in Jakarta,
This role is carried out through the management of Indonesia.
timely and accurate information, the maintenance of
the Bank’s reputation, and the strengthening of strategic ORGANIZATIONAL STRUCTURE
relationships with the public and external partners to
support the Bank’s business objectives and sustainability.
Compliance, Corporate Affairs
& Legal Director
In its capacity as the primary liaison, the Corporate
Secretary ensures effective communication between
CIMB Niaga and shareholders as well as regulators
Head of
particularly those overseeing capital market activities Corporate Secretary
and other relevant stakeholders. In addition, the
Corporate Secretary is responsible for ensuring that
the Bank consistently complies with all applicable laws
Corporate Secretary Board
and regulations, especially those related to the capital
Office Head Office Head
market, so that all operational and corporate activities
are conducted in accordance with the principles of
prudence, integrity, and strong governance. DUTIES AND RESPONSIBILITIES
The Corporate Secretary of CIMB Niaga has the following
LEGAL BASIS duties and responsibilities, among others:
The Corporate Secretary of CIMB Niaga is held by 1. Monitoring the developments in the Capital Market, in
Fransiska Oei, based on the Circular Resolution of the particular, as well as applicable laws and regulations
Board of Directors (BOD) of CIMB Niaga No. 001/SIR/ in the capital market sector.
DIR/IX/2016 dated 21 September 2016, as fulfillment 2. Providing input to the Board of Commissioners (BOC)
of OJK Regulation (POJK) No. 35/POJK.04/2014 dated 8 and the BOD to ensure compliance with laws and
December 2014. Such appointment was reported to regulations in the capital market sector.
the Financial Services Authority (OJK) on 23 September 3. Assisting the BOC and the BOD on the implementation
2016 and publicly disclosed on the same date through of Good Corporate Governance (GCG), including:
the OJK Electronic Reporting System (Sarana Pelaporan a. Disclosure of information to the public, including
Elektronik/SPE) or IDXNet. the availability of information on the Bank’s website;
b. Timely submission of reports to Regulators;
PROFILE OF THE CORPORATE SECRETARY c. Organization and documentation of GMS;
(HEAD OF CORPORATE SECRETARY) d. Implementation and documentation of meetings
of the BOC; the BOD and/or joint meeting with
the Sharia Supervisory Board (SSB), including the
preparation of minutes of meetings; and
e. Implementation of orientation programs for
newly appointed members of the BOC and the
BOD.
4. Coordinating with the Investor Relations unit to
ensure compliance with obligations relating to the
Annual Public Expose, as well as other required Public
Exposes, including periodic analyst meetings.
5. Ensuring that information disclosure to Shareholders
Fransiska Oei
Corporate Secretary is conducted equally for all shareholders of the Bank.
6. Sharing responsibility for the implementation of the
Bank’s Corporate Actions by coordinating with the
The complete profile is presented in the
Profile of the Board of Directors. Finance unit and/or other designated units, as well as
capital market supporting institutions.
7. Acting as a liaison between the Bank and shareholders
particulary Controlling Shareholders, regulators,
subsidiaries, and other stakeholders.
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8. Ensuring that the Corporate Secretary and employees 4. Monitoring developments in capital market regulations
within the Corporate Secretary unit maintain the to ensure compliance with new regulations issued by
confidentiality of documents, data, and confidential OJK, the Indonesia Stock Exchange (IDX), and other
information, except where disclosure is required relevant regulators, and providing such information
to fulfill obligations under prevailing laws and and input to the BOC and the BOD, including:
regulations. a. POJK No. 41 of 2025 regarding the Electronic
9. Prohibiting the Corporate Secretary and employees Conduct of General Meetings of Shareholders,
within the Corporate Secretary unit from obtaining Bondholders’ Meetings, and Sukuk Holders’
personal benefits, either directly or indirectly, that Meetings;
may be detrimental to the Bank. b. POJK No. 18 of 2025 Regarding Transparency and
10. Requiring the Corporate Secretary and employees Publication of Bank Reports;
within the Corporate Secretary unit to continuously c. OJK Circular Letter (SEOJK) No. 10/SEOJK.04/2025
enhance their knowledge by participating in education regarding Electronic Submission of Reports on
and/or training programs that support the execution Share Ownership or Changes in Share Ownership
of their duties and responsibilities. of Public Companies and Reports on Pledged
11. Preparing and filing a list of shareholders holding Shares;
5% (five percent) or more of the Bank’s shares and d. SEOJK No. 14/SEOJK.03/2025 regarding the
a list of the 20 (twenty) largest shareholders, and Implementation of Governance for Commercial
uploading such information to the Bank’s website. Banks;
12. Providing a special register containing information e. SEOJK No. 32/SEOJK.03/2025 regarding
on the share ownership of members of the BOC and Transparency and Publication of Reports of Sharia
the BOD and their family members, both in the Bank Commercial Banks and Sharia Business Units;
and its affiliates and/or other companies, including f. SEOJK No. KEP-28/D.04/2025 regarding the Sharia
share ownership, business relationships, and other Securities List;
roles that may give rise to conflicts of interest with the g. IDX Decree No. Kep-00001/BEI/04-2025 regarding
Bank, and uploading such information to the Bank’s Amendments to Regulation No. I-P on the Listing
website. of Structured Warrants; and
13. Submitting capital market–related reports, both h. IDX Decree No. Kep-00035/BEI/06-2025 regarding
periodic and incidental to regulators in a timely Regulation No. I-X on the Placement of Equity
manner in accordance with applicable regulations. Securities Listings on the Special Monitoring
14. Conducting public information disclosure in Board.
accordance with prevailing laws and regulations. 5. Collaborate with the Investor Relations unit in fulfilling
15. Enhancing and aligning the implementation of the obligation to conduct the 2025 Annual Public
governance practices at the Bank with OJK principles Expose and quarterly analyst meetings, conducted
and the ASEAN Corporate Governance Scorecard. via video conference/teleconference/webinars as
well as in-house meetings.
IMPLEMENTATION OF DUTIES IN 2025 6. Organizing 8 (eight) meetings of the BOC; 4 (four) joint
Throughout 2025, the Corporate Secretary carried meetings of the BOC and the BOD; 3 (three) meetings
out duties and responsibilities in accordance with its of the SSB together with the BOC and/or the BOD;
function, with details as follows: and meetings of BOC’s Committees, consisting of 12
1. Convening General Meeting of Shareholders (GMS) (twelve) Audit Committee meetings, 12 (twelve) Risk
in accordance with POJK No. 15/POJK.04/2020 and Monitoring Committee meetings, 8 (eight) Nomination
POJK No. 16/POJK.04/2020, namely the 2025 AGMS and Remuneration Committee meetings, and 2
held on 14 April 2025 and the EGMS held on 26 June (two) Integrated Governance Committee meetings,
2025. Details of the GMS convention are disclosed in including the preparation and administration of
the GMS Sub-Chapter of the Corporate Governance minutes of meetings and attendance lists.
Report Chapter of this Annual Report. 7. Organizing 48 (forty-eight) meetings of the BOD; 4
2. Providing electronic proxy (e-proxy) and electronic (four) attended meetings of the BOD and the BOC;
voting (e-voting) facilities through the eASY.KSEI 3 (three) meetings of the SSB together with the
application and on-site e-voting during the GMS. BOC and/or the BOD; preparing and administering
3. Keeping information published on the Bank’s website meeting minutes and attendance lists; and organizing
updated, including corporate data, corporate actions, and attending meetings of the Executive Committee
and information disclosure particularly relating to (Exco) of the BOD.
Corporate Governance and Investor Relations to
enhance the quality and accessibility of information
for all stakeholders.
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8. Submitting periodic and incidental reports to TRAINING AND COMPETENCY DEVELOPMENT
regulators in accordance with prevailing regulations. Throughout 2025, the Corporate Secretary attended a
9. Conducting public information disclosure in various training programs, seminars, workshops, and
accordance with applicable regulations. knowledge-sharing sessions to enhance competencies.
10. Administering, distributing, and following up on incoming Details of such training and competency development
correspondence addressed to the BOC and/or the BOD. In are disclosed in the Company Profile Chapter of this
2025, CIMB Niaga received 11,800 (eleven thousand eight Annual Report.
hundred) letters addressed to the BOC and/or the BOD,
including correspondence from OJK, Bank Indonesia, DISCLOSURE OF INFORMATION IN 2025
the IDX, Indonesian Banks Association (PERBANAS), the Throughout 2025, the Corporate Secretary disclosed
Indonesian Financial Transaction Reports and Analysi various information related to CIMB Niaga to the public
(PPATK), the Corruption Eradication Commission (KPK), through mass media, the IDX website, and the official CIMB
Bank Negara Malaysia (BNM), the District Courts of the Niaga website, in both Indonesian and English. These efforts
Republic of Indonesia, the Indonesian National Police, were undertaken to ensure consistent, accurate, and easily
the Directorate General of Taxes, and others institutions. accessible information disclosure for all stakeholders.
11. Preparing documentation and assisting in the Fit and
Proper Test process for candidates for members of In addition, the Corporate Secretary fulfilled reporting
the BOC and/or the BOD of CIMB Niaga. obligations to the IDX and the OJK through the timely
12. Conducting orientation programs for candidates for submission of both periodic and incidental reports
members of the BOC and/or the BOD of CIMB Niaga. in accordance with prevailing regulations. Details of
information disclosure and regulatory reporting during
2025 are as follows:
PERIODIC REPORTS
No. Type of Report Designation Reporting Period Total
1 Annual Financial Statements (Audited) OJK & BEI Annually 1
2 Annual Report (including the Company’s Corporate Governance Report, Sharia Business OJK & BEI Annually 1
Unit Governance Report, and Integrated Governance Report of the CIMB Indonesia
Financial Conglomeration)
3 Sustainability Report OJK & BEI Annually 1
4 Annual Rating Results Report OJK & BEI Annually 1
5 Annual Reports of the Parent Entity and the Bank’s Subsidiaries (reports of banks form- OJK Annually 1
ing part of the business group)
6 Report on the Implementation of the Annual Public Expose BEI Annually 1
7 Report on the Detailed List of Related Parties OJK Semi-annually 2
8 Consolidated Financial Statements of the Bank and Subsidiaries (Unaudited) OJK & BEI Quarterly 4
9 Monthly Report on the Registration of BNGA Securities Holders OJK & BEI Monthly 12
INCIDENTAL REPORTS
Throughout 2025, CIMB Niaga, through its Corporate Secretary, submitted 45 (forty-five) incidental reports to regulators
(OJK and/or IDX). Detailed information regarding the periodic and incidental reports mentioned above can be viewed
and accessed on the CIMB Niaga website at https://investor.cimbniaga.co.id/newsroom.html/year/2025 or by scanning
the following QR code:
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Internal Audit Unit (IA)
The Internal Audit Unit (IA) of Bank CIMB Niaga assists The Internal Audit Charter was last updated on 28
the Bank in achieving its objectives through a systematic, November 2024 and has approved by the President
independent, and disciplined approach in evaluating Director and the BOC. The updates are implemented
internal processes. This role also assessing and enhancing to ensure alignment of the IA function with regulatory
the effectiveness of corporate governance, internal developments, business needs, and prevailing
control systems, and risk management, while also governance practices. The Internal Audit Charter is the
ensuring that sustainability principles are consistently main basis for carrying out audit duties and functions as
implemented across all levels of the organization. a guideline for IA to ensure:
1. The effectiveness, efficiency, and adequacy of the
In carrying out its mandate, IA also ensures that management internal control system, risk management, and
decision-making and oversight processes are conducted in sustainable governance.
accordance with prudential principles and remain within 2. The reliability, effectiveness, and integrity of
the applicable legal and regulatory framework. By providing management information processes and systems,
objective assessments to the Board of Directors (BOD) including data relevance, accuracy, completeness,
and the Board of Commissioners (BOC) on the adequacy availability, and confidentiality.
of controls and the level of compliance, IA contributes to 3. Compliance with applicable laws and regulations.
safeguarding the Bank’s integrity, reputation, and credibility 4. Quality of organizational performance.
in the eyes of stakeholders. Furthermore, the effectiveness 5. Interaction with various governance groups.
of the IA function constitutes a key element in ensuring the 6. The accuracy, reliability, and timeliness of significant
Bank’s ability to continuously deliver optimal services for financial, managerial, and operational information.
the public interest. 7. Resources are obtained economically, utilized
efficiently, and protected adequately.
The IA provides independent, risk-based assurance, 8. Programs, plans, and targets are achieved well.
advisory, insight, and foresight services that are designed 9. Quality and continuous improvement are inherent in
to increase value and improve the Bank’s operations. the Bank’s control processes.
10. Opportunities to improve the Bank’s management
INTERNAL AUDIT CHARTER controls, profitability, and reputation are identified
IA has an Internal Audit Charter as a guideline in and disclosed in the audit.
carrying out its duties and responsibilities. The charter
contains objectives, internal audit professional practice PARTY WHO APPOINTS AND DISMISSES HEAD
principles, vision and mission, organizational structure, OF IA (CHIEF AUDIT EXECUTIVE)
position and authority, roles and responsibilities, IA is chaired by a Chief Audit Executive who is appointed
scope of engagement, independence and objectivity, and dismissed by the President Director with the
professionalism, impartiality, as well as the rights, approval of the BOC, based on the recommendation of
obligations, and responsibilities of Chief Audit Executive, the Audit Committee. Currently, the position of Chief
including the IA Code of Ethics. Audit Executive is held by Antonius Gunadi, who has
served effectively since 3 January 2017 pursuant to
The Internal Audit Charter also reflects compliance with Decree No. 024/HROB/HRS/XII/2016. The appointment
prevailing regulations issued by the Financial Services has been reported to the OJK through Bank’s Letter No.
Authority (OJK) and related OJK Circular Letters regarding 008/DIR/XII/2016 dated 19 December 2016.
the Implementation of the Internal Audit Function in
Commercial Banks, The Establishment and Guidelines
for Internal Audit Charters, Financial Conglomeration,
The Implementation of Information Technology
by Commercial Banks, The Implementation of Risk
Management for Commercial Banks and Sharia Business
Units, Internal Control System Standards for Commercial
Banks, The Implementation of Good Corporate
Governance for Commercial Banks and Sharia Business
Units, the Personal Data Protection Law, Bank Indonesia
Consumer Protection, as well as best practices referring
to the Global Internal Audit Standards (GIAS) issued by
The Institute of Internal Auditors (IIA).
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STRUCTURE AND POSITION OF IA IN THE ORGANIZATION
IA reports directly to the President Director and, on a matrix basis, to the BOC through the Audit Committee. This
reporting structure is in line with OJK Regulation (POJK) No. 1/POJK.03/2019 dated 28 January 2019 regarding the
Implementation of the Internal Audit Function in Commercial Banks, as well as POJK No. 56/POJK.04/2015 dated 29
December 2015 regarding the Establishment and Guidelines for the Preparation of Internal Audit Charters.
Board of
President Commissioners
Director through Audit
Committee
Chief Audit
Executive
Technology
Business Banking & Operation, TB Products & Professional
Assurance and
Consumer Banking Network & Syariah Enablers Practices
Data Analytic
PROFILE OF THE HEAD OF IA (CHIEF AUDIT EXECUTIVE)
The complete profile may be found in the Senior Executive Profiles section of the Company
Profile chapter of this Annual Report.
Training for Chief Audit Executive are listed in the Company Profile chapter of this Annual
Report.
Certification Certified Internal Auditor (CIA)
Certificate, Business Analytics: From Data to Insights, the Wharton School
Certificate, Sustainability Leadership Programme, University of Cambridge –
Institute for Sustainability Leadership
CIMB Leading Leaders Development Programme – IMD
Strategic Leadership and Management Specialization – Gies College of
Business, University of Illinois Urbana-Champaign
Risk Management Certification Level 7
Audit Manager Certification Qualification VI KKNI – Bank’s Internal Audit
Antonius Gunadi Organization National Committee on Governance Policy – Member (2025-2029)
Membership Institute of Bank Internal Auditors (IAIB) – Chairman (2020-2026)
Chief Audit Executive
Institute of Bank Internal Auditors (IAIB) – Chairman of Membership and
Organization (2017-2020).
DUTIES AND RESPONSIBILITIES OF THE IA
The IA carries out its duties and responsibilities in accordance with internal audit charter, which serves as the primary
guideline for implementing the audit function within CIMB Niaga. The duties and responsibilities of the IA, as outlined in
the internal audit charter, are as follows:
1. Assisting the President Director and the BOC in supervision by operationally outlining the planning, implementation,
and monitoring of audit results.
2. Analyzing and assessing finance, accounting, operations, and other activities through audits.
3. Identifying all opportunities to improve and increase the efficient of resource and funds.
4. Providing suggestions for improvement and objective information on audited activities across all management
activities.
5. Preparing and implementing an annual audit plan based on a comprehensive risk assessment methodology. The
annual audit plan and budget allocation are approved by the President Director and the BOC, considering the
recommendations of the Audit Committee.
6. Collaborating with the Audit Committee.
7. Testing and evaluating the implementation of internal controls and risk management systems in accordance with
company policy.
526 PT BANK CIMB NIAGA TBK 2025 Annual Report
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8. Executing audit activities and providing assessments 20. Report specifically to the OJK any IA findings that could
on the efficiency and effectiveness of finance, significantly disrupt CIMB Niaga’s business continuity.
accounting, operations, human resources, marketing, The report must be submitted no later than 3 (three)
information technology, and other activities. days after discovery.
9. Provide recommendations for improvement and 21. Reporting to OJK regarding the results of the external
objective information on audited activities at all review containing opinions on IA’s work result and
management levels. compliance with PFAIB, as well as improvements that
10. Preparing and submitting audit reports to the can be made.
President Director and the BOC. Prepare IA reports 22. Submitting other reports to the OJK as requested by
related to the implementation of sharia principles the OJK.
and submit them to the President Director, the BOC, 23. In terms of implementing the Integrated Governance
and the Sharia Supervisory Board (SSB). and with CIMB Niaga’s role as the FCHC that already
11. May perform special audits, if necessary. has an established IA, the implementation of
12. Periodically report to the BOD and BOC through Integrated IA tasks is carried out by the existing IA
the Audit Committee on the objectives, authorities, with the 3 (three) following responsibilities:
and responsibilities, as well as the performance of a. Auditing at Financial Services Institutions (FSIs),
IA activities compared to planning. Reporting also either individually, jointly, or based on reports
includes significant risk exposures and control issues. from the IA FSI.
13. Preparing semester reports of the audit b. Monitor and evaluate the implementation of
implementation and audit results to OJK on the the Integrated IA in each member of the CIMB
summary of audit activities and significant audit Indonesia Financial Conglomeration, coordinate
findings no later than 1 (one) month after the end of with all IA within the CIMB Indonesia Financial
the audit period. Conglomeration according to their respective
14. Monitor the implementation of follow-up on audit functions, and compile the results of the
findings and recommendations. All significant audit Integrated IA implementation for each member
findings will remain in “open” status until they of the CIMB Indonesia Financial Conglomeration,
are resolved. This includes reporting to the Audit periodically (every semester).
Committee regarding management acceptance of c. Preparing and submitting reports on the
risk. implementation of the duties and responsibilities
15. Inform the status of corrective actions regarding audit of the Integrated IA to the Director appointed to
findings and audit recommendations to the BOD and supervise FSIs in the Financial Conglomeration,
BOC through the Audit Committee. Director of Compliance of the FCHC and the BOC
16. Inform the Anti-Fraud Management Unit about of the FCHC.
indications of fraud discovered by the IA.
17. Preparing measurements to assess the success of the INTERNAL AUDITOR CODE OF ETHICS
IA performance and achievement of its objectives. The Chief Audit Executive and all employees of the IA
18. Preparing and storing adequate audit working papers are required to comply with CIMB Niaga’s Code of Ethics
in accordance with applicable regulations. and Code of Conduct, as well as CIMB Niaga’s internal
19. Implement and delivering Quality Assurance and auditors code of ethics, which is based on and refers to
Improvement Programs (QAIP) covering all aspects the Code of Ethics of The Institute of Internal Auditors.
of IA activities. The QAIP includes an evaluation of every year, all IA members received a refresher on the
Internal IA compliance with the definition of internal Code of Ethics and sign a statement about it.
audit and Standards, as well as an evaluation of
whether auditors implement the code of ethics. The
QAIP also assesses the efficiency and effectiveness
of IA activities and identifies opportunities for
improvement.
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The key principles of CIMB Niaga’s Internal Auditors’ Code of Ethics are as follows:
Demonstrating Maintaining Demonstrating Applying Maintaining
Integrity Objectivity Competence Professional Care Confidentiality
Internal auditors Internal auditors maintain Internal auditors Internal auditors apply Internal auditors use
demonstrate integrity in an impartial and unbiased apply the knowledge, due professional care in and protect information
their work and behavior, attitude when performing skills, and abilities planning and performing appropriately. Internal
including demonstrating internal audit services necessary to successfully internal audit services, auditors are not
honesty and and making decisions, fulfill their roles and observing compliance authorized to disclose
professional courage, by paying attention to responsibilities, including with GIAS, professional information without
the organization’s ethical individual objectivity, having competence and care, and professional clear authority, except
expectations, as well maintaining objectivity, undertaking continuous skepticism. in accordance with
as lawful and ethical as well as disclosing professional development. Bank policy regarding
behavior. impairments to objectivity, the provision of
if any. information/data/
documents to external
parties.
1 2 3 4 5
HUMAN RESOURCES AND PROFESSIONAL CERTIFICATIONS
As of 31 December 2025, IA had a total of 114 (one hundred and fourteen) employees, including the Chief Audit Executive.
IA conducted a comprehensive review of its competency model (Competency Framework) to further develop existing
competencies in line with organizational and professional developments, while also aligning them with CIMB Niaga’s
core competencies and designing a structured learning journey for auditors. In addition, IA supports all its members in
becoming Digital-Data-Design (3D) Talent.
Through the competency model and learning journey, IA can develop a structured and directed auditor development
program to be able to produce quality auditors who can perform their duties and responsibilities well. IA continues to
improve the expertise and competence of auditors by involving its auditors in various training programs, seminars,
workshops, and certification training.
Throughout 2025, IA actively participated in 343 (three hundred forty-three) training programs, equivalent to 9,979 (nine
thousand nine hundred seventy-nine) training hours. Some of the training programs and webinars attended during the
year included the following:
No. Name of Training/Workshop/Conference/Seminar Organizer Date
1. The Excellent Internal Auditor Daily Meaning 5-6 March 2025, 16 April
2025, 5 May 2025, 16 June
2025
2. The Urgency of Green Financial Transparency in Financial Services OJK Institute 26 May 2025
Institutions
3. Cybersecurity and Data Protection in the Digital Era SGI Asia 14 July 2025
4. Virtual Learning Series: Write More Effective GenAI Prompts for Gartner 14 – 17 July 2025
Audits; Effective Communication; Fundamentals of Cyber Risk for
Auditors; Root Cause Analysis.
5. Examining the Risks and Compliance of Islamic Financing Institute of Bank Internal 24-25 November 2025
Auditors (IAIB)
CIMB Niaga’s IA has been equipped with a wide variety of certifications, ranging from required certifications such as Risk
Management Certification, to national and international certifications that support audit performance.
528 PT BANK CIMB NIAGA TBK 2025 Annual Report
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National Certification
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CDPO : Certified Data Protection Officer RSA : Registered Securities Analyst
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CRBIA : Certified Risk Based Internal Auditor CRISC : Certified in Risk and Information System Controls
COBIT5 : Certified Objective for Information and Related Technology ITIL ITSM : ITIL Foundation Certificate in IT Service Management
CISSP : Certified Information Systems Security Professional CSA : Certified Securities Analyst
CFE : Certified Fraud Examiner ASEAN CPA : ASEAN Chartered Professional Accountants
CIA : Certified Internal Auditor IAP : Internal Audit Practitioner
PARTICIPATION IN PROFESSIONAL ASSOCIATIONS
CIMB Niaga’s IA is a member of several professional associations, including the Institute of Internal Auditors (IIA) –
Indonesia, the Information Systems Audit and Control Association (ISACA), the Indonesian Institute of Accountants (IAI),
and the Association of Bank Internal Auditors (IAIB). IA also serves as a speaker at various institutions and seminars on
benchmarking audit practices conducted within the IA. CIMB Niaga’s IA participation in professional associations includes:
CIMB NIAGA’S IA PARTICIPATION IN EXTERNAL ORGANIZATIONS
Organization Position Period
Association of Bank Internal Auditors (IAIB) Chairman
2023-2026
2020-2023
Head of Communications
Member of Communications
2023-2026
Member of Education and Training
National Committee for Governance Policy (KNKG) Member of the Board of Directors 2025-2029
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CIMB NIAGA’S IA PARTICIPATION AS SPEAKER IN EXTERNAL SEMINAR/WEBINAR
Name of Training/Workshop/Conference/Seminar Organizer Date
Data Analytics Bank SMBC Indonesia 15 January 2025
Procurement of goods and services Institute of Bank Internal Auditors 20-21 January 2025
(IAIB) 29-30 April 2025
Understanding the Role and Responsibilities of Internal Audit in Personal Institute of Bank Internal Auditors 25 February 2025
Data Protection (IAIB)
Data Analytics Kawan Lama Group 3 March 2025
Quality Assurance Bank Tabungan Negara 11 March 2025
Bank Internal Audit Certification Training Institute of Bank Internal Auditors 13 March 2025
(IAIB) 16-17 April 2025
Audit Methodology and Quality Assurance Niaga Manajemen Citra 20 June 2025
Audit Methodology and Quality Assurance Bank SMBC Indonesia 12 September 2025
Audit Methodology and Data Analytics Universitas Mutimedia Nusantara 4 and 18 November 2025
AUDIT MANAGEMENT INFORMATION SYSTEM IA ACTIVITIES REPORT FOR 2025
To ensure that audit processes are conducted in a In 2025, IA completed 100% of audit assignments in
structured manner and properly documented, the accordance with the initial assignment plan (a total of
IA monitors all stages of the audit lifecycle—ranging 145 audits). In addition to the initial audit plan, IA also
from planning and execution to report issuance and carried out additional audit engagements at the request of
follow-up monitoring on the implementation of audit management, resulting in an audit realization of 115% (167
recommendations—through the audit management audits out of the planned 145).
information system, “TeamMate+”. The use of TeamMate+
is intended to enhance the effectiveness and efficiency IA issued 1,437 (one thousand four hundred thirty-seven)
of IA’s operational activities. TeamMate+ continues to be audit recommendations, 470 (four hundred seventy) of
utilized as Audit Management Information System and is which were not yet due by 31 December 2025. All audit
continuously developed to meet the needs and support recommendations that had reached their due dates were
IA activities. followed up in a timely manner. In addition to conducting
routine audit engagements, IA also undertook several
AUDIT METHODOLOGY other activities, as follows:
IA applies a comprehensive Risk-Based audit methodology 1. Continuing the IA’s role in providing independent
across both the annual audit planning process and audit advisory services to business units and supporting
execution. Risk assessments are conducted thoroughly, units. One way to do this is through Quick Hit
covering work units at the head office as well as branch Consulting, where the IA conducts brief discussions
and regional areas. Through this methodology, IA with business units/support units regarding existing
determines the risk ratings and audit frequency for each issues and provides recommendations that add
business and business support unit within the Bank. value to those units. This activity has been positively
received by business units and supporting units, as
IA also maximizes the use of data analytics to perform the IA provides services beyond audit that can add
bank-wide audits, encompassing 100% of branches and value. IA also provides input/reviews on every new
conducted on a continuous basis (continuous auditing). product development and activity submitted by
Specifically for branch audits, a layered audit approach is CIMB Niaga to the New Product and Activity (NPA)
applied. In addition to continuous auditing, branch audit Reviewer by each Product Owner (PO). IA maintains
activities are carried out through Thematic Audits, Area- its independence in all activities.
Based Audits, CCTV reviews, branch calls, and on-site 2. Continued to strengthen collaboration with all
visits to selected branches. business units and supporting units to improve the
Bank’s performance through good governance, risk
IA continues to enhance its processes, methodologies, management, and internal control, through the IA’s
and tools, while consistently improving the quality and role as a trusted business partner.
capabilities of its human resources, to serve as a trusted 3. Conducting reviews of the Internal Quality Assurance
business partner that delivers value added to the Bank. and Improvement Program (QAIP).
4. Continued to review the policies and procedures
were applicable for IA to ensure they were always up
to date and in accordance with standards.
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5. Published a Corporate Assurance bulletin and sent a 3. Business Monitoring
“Weekly Refresher” as a communication and sharing Business monitoring is a non-audit activity carried
media to all IA staff, providing material related to out by IA through ongoing communication with
audit methodology updates, knowledge sharing, and Management. Business monitoring is conducted
current topics throughout the period. routinely and is not part of an audit. Business
6. In line with the Bankwide program, IA actively monitoring provides benefits to both parties, the IA
participated in the Employee Volunteer Program and Management, including the following:
(EVP), which included activities such as donating used - Developing strong collaborative relationships
goods, blood drives, and recycling. with business units/support units.
7. IA established Centers of Excellence (COEs) to - Having a deeper understanding of the business
develop the capabilities of IA staff to become experts and operational activities of business units/
in specific fields. These COEs also served as platforms support units.
for knowledge sharing, collaboration, and innovation. - Acquiring the latest information regarding
8. IA continued to implement the “Agile Audit” changes in business strategy, processes, risks,
methodology in its 2025 audit assignments. and controls.
- Facilitating sharing key audit issues and changes
KEY INITIATIVES IN 2025 in audit methods.
IA continuously implements several initiatives and work - Facilitating networking between auditors and the
programs to support the achievement of its objectives heads of related business units/support units.
to become a world-class internal audit function and a
trusted business partner. 4. Aligned Assurance
In 2025, IA continued its aligned assurance
During 2025, several key initiatives carried out by IA are program with other assurance functions, such as
as follows: the Compliance team and the Risk Management
team. The goal is for various assurance functions
1. Data Analytics Development to collaborate in planning joint audit schedules,
IA continuously improves and develops data analytics thus avoiding disruptions to auditee operations
(DA), focusing on the development of digital tools, during audits while ensuring the assurance function
enabling individuals to become “3D (Digital, Data, continues to operate effectively and efficiently.
Disruption) Ready.” During each audit assignment, during the planning
stage, auditors actively discuss and solicit feedback
The development of DA parameters and Artificial from other assurance function teams, such as the
Intelligence (AI) models aims to simplify the work Compliance and Risk Management teams.
of internal auditors. IA periodically reviews the DA
parameters and AI models to ensure they remain 5 Attachment Program
aligned with the development of the IA organization, An attachment program is a program in which
the Bank’s business growth, and its operations. Data auditors are assigned to perform roles (attached/on-
alerts generated from the data analytics parameters the-job) within a business unit/business support unit,
will be analyzed by auditors, and the results will be with the goal of gaining a deeper understanding of
presented to Management, including in the form a business process, including the risks and controls
of continuous auditing reports. IA also continues to implemented. In 2025, IA enrolled 1 (one) auditor in
maximize the use of AI in audit operations to improve this program for placement in a business unit.
audit efficiency and effectiveness.
The benefits of the attachment program include:
2. Thematic Audit - Enhancing the auditor’s understanding of
IA continued to conduct audits using a thematic business processes, risks, and controls in the
approach, which focuses audits on specific areas, relevant unit.
processes, and products. By conducting thematic - Enhancing the auditor’s understanding of their
audits, auditors can identify root causes and provide role in the task, including the challenges in
comprehensive and effective recommendations that carrying out that work.
could be implemented bankwide. - Providing input to management on improving
controls, management, efficiency, and
effectiveness of work and the business.
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There is a collaboration audit program, an IA 2026 WORK PLAN
attachment program, where one auditor is IA has established a 2026 work plan with three main
exchanged between audit groups for an ongoing audit focus themes:
audit assignment to enhance the auditor’s knowledge
of business processes, risks, and controls in the
relevant unit. In 2025, these 17 (seventeen) programs KEY AUDIT FOCUS 2026
had been successfully implemented.
Theme 1: Theme 3:
Digital, Data Compliance &
6. Guest Auditor Program & Operational Governance
IA continued the guest auditor program by inviting Resilience Oversight
5. Regulatory
business units/business support units to participate 1. Cybersecurity, Compliance & ESG
in an audit as guest auditors. This program aims to Data Privacy, and
Resilience
Readiness
6. Branch Operations
facilitate the sharing of best practices and provide 2. Digital & Customer Channel
Governance
Transformation
guest auditors with an understanding of the audit
2
and Technology 7. Internal Control Over
3. Data Financial Reporting
process and control framework, which can then be Management, (ICOFR)
Analytics, and 8. Conglomeration
used and implemented in their respective business Regulatory Governance &
Alignment Subsidiaries
units/business support units. Furthermore, it aims Integration
to provide guest auditors with an understanding of
the internal control framework, risk identification
and control implementation, and the importance of
4. Credit Risk Management &
auditors’ work in assisting management in achieving Loan Posture Management
the Bank’s objectives and strategies. The guest
auditor program involved 3 (three) guest auditors
during 2025.
Theme 2: Core Financial & Credit Risk
POLICIES AND FREQUENCY OF MEETINGS
WITH THE BOARD OF DIRECTORS AND THE
AUDIT COMMITTEE IA will continue to maximize the use of data analytics
Throughout 2025, IA participated as meeting participant and AI to support all audit activities, including the
or delivered presentations at meetings of the BOC and development of more integrated and sustainable
the Audit Committee. The frequency of IA’s attendance at continuous auditing practices. Various ongoing initiatives,
such meetings was as follows: such as the attachment program, guest auditors,
Audit Committee business monitoring, aligned assurance, and agile audits,
Description BOD Meeting Meeting will be maintained as part of efforts to strengthen the
Frequency of Attendance 42 13 Bank’s supervisory capabilities.
IA also maintains its role as a strategic partner by
IA PERFORMANCE EVALUATION providing advisory services to business and support
Evaluation of IA performance is conducted through units, enabling comprehensive considerations in
evaluation by the Audit Committee and distribution of decision-making. Furthermore, IA continues to enhance
questionnaires to auditees after the audit is completed. auditor competency through continuous competency
development to provide relevant added value to all
The Audit Committee conducts a direct assessment of business functions and to create adaptive, competitive,
IA performance using a number of assessment criteria and future-oriented auditors.
covering several aspects, including audit report quality,
presentation skills, and internal audit performance. The
questionnaire distributed to auditees covers several
assessment aspects, including audit management, audit
implementation, and the delivery of audit results.
In 2025, the Audit Committee’s assessment of IA achieved
a score of 4.93, up from 4.88 in the previous year.
The Audit Committee’s performance evaluation score
ranges from 1 (far below expectations) to 5 (far above
expectations).
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Compliance Management Unit
The Compliance Management Unit (CMU) is led by the Head of Compliance Management, whose role and function are to
strengthen the Compliance Culture in support of sound Corporate Governance practices. The Compliance Management
Unit of CIMB Niaga continuously undertakes preventive measures to mitigate compliance risk in the Bank’s business
activities and to ensure that policies, regulations, systems, procedures, and business operations are fully aligned with
the provisions of the Otoritas Jasa Keuangan (OJK) and the provision of applicable laws and regulations, including
ensuring that all regulatory commitments are fulfilled by the Bank within the target time.
LEGAL BASIS
The establishment of the CMU is based on OJK Regulations and OJK Circular Letters regarding the Implementation of
Corporate Governance for Commercial Banks, Integrated Governance, Bank Soundness Level Assessment, and the
Implementation of the Compliance Function for Commercial Banks.
APPOINTMENT AND DISMISSAL MECHANISM OF THE HEAD OF COMPLIANCE MANAGEMENT
Head of Compliance Management is appointed and dismissed based on the decision of the Board of Director (BOD) and
has been reported to the OJK.
PROFILE OF THE HEAD OF COMPLIANCE MANAGEMENT
Educational Bachelor’s Degree from Bandung Institute of Technology (1992)
Background & Master’s Degree in Management from Prasetiya Mulya Business School
Professional (1996)
Certifications Compliance Certification Level 2
Risk Management Certification (BSMR) Level 6
Work Head of Compliance Management, CIMB Niaga
Experiences Head of Risk Management Group Division, Bank Niaga
Group Head of Bank Restructuring at the Indonesian Bank Restructuring
Agency (IBRA)
Analyst at PT Pefindo (Credit Rating Agency)
Legal Basis for Decree No. 253/HRPA/HRS/XI/2013 dated 1 November 2013.
Appointment
Liston Siahaan
Head of Compliance Management
Age 57 years old
Gender Male
Nationality Indonesian
Domicile Jakarta
TRAINING OF THE HEAD OF COMPLIANCE MANAGEMENT IN 2025
No. Training/Workshop/Conference/Seminar Organizer Date & Place
1 Sharia Business Strategy 2025 Ministry of Religious Affairs of RI February 2025, Jakarta
2 Critical Thinking & Problem Solving Technique Daily Meaning June 2025, Jakarta
3 Level 6 Risk Management Certification Refreshment CIMB Niaga July 2025, Jakarta
4 Building the Global Sustainable Islamic Finance Ecosystem Otoritas Jasa Keuangan July 2025, Jakarta
5 Legal Update – Understanding More About the Procedures for Using CIMB Niaga August 2025, Jakarta
Creative Works Based on Law No. 28 of 2014 concerning Copyright
6 Consent Management Refreshment for Data Privacy CIMB Niaga September 2025,
Jakarta
7 MaximAIze (Data Community Sharing Forum – DCSF) Google AI and CIMB Niaga October 2025, Jakarta
8 Anti-fraud, Anti-Corruption, and Anti-Bribery for Senior Leaders Association of Certified Fraud November 2025,
Examiners (ACFE) Bandung
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COMPLIANCE PRINCIPLES 5. Stakeholders-oriented;
CIMB Niaga complies with prevailing laws and regulations 6. Dedicated to the Bank; and
through effective compliance risk management. This 7. Problem solving-oriented.
commitment is manifested through the implementation
of compliance policies that serve as standard operating COMPLIANCE FUNCTION AT THE BANK
guidelines for all employees and foster the establishment The implementation of the Compliance Function at CIMB
of a strong Compliance Culture. Niaga aims to:
1. Establish a Compliance Culture across all
With a strong Compliance Culture in place, the Bank’s organizational levels and business activities of the
activities are conducted in accordance with regulatory Bank;
requirements and the prudential principle. Compliance 2. Manage compliance risks faced by the Bank;
policies and procedures are periodically reviewed and 3. Ensure that policies, regulations, systems, procedures,
updated in line with the Bank’s needs and regulatory and business activities of the Bank comply with OJK
developments. The compliance principles adopted by regulations and applicable laws, including Sharia
CIMB Niaga are as follows: Principles for Sharia Commercial Banks and Sharia
1. Compliance starts from the top; Business Units (SBU); and
2. Compliance is the responsibility of all parties; 4. Ensure the Bank’s compliance with commitments
3. Compliance is implemented to comply with laws and made to OJK and/or other authorized supervisory
regulatory; authorities.
4. Compliance is implemented with competence and
integrity in accordance with assigned responsibilities;
ORGANIZATIONAL STRUCTURE OF COMPLIANCE MANAGEMENT UNIT
Compliance, Corporate
Affairs & Legal Director
Head of Compliance
Management
Non-Credit Compliance Compliance
Regulatory Liaison Credit Advisory
Advisory Awareness & Review Reporting & Analytics
DUTIES AND RESPONSIBILITIES OF THE COMPLIANCE MANAGEMENT UNIT
1. Formulating compliance policies and procedures and conducting periodic reviews or updates thereof.
2. Developing compliance programs to support the establishment of a Compliance Culture across all business activities
and organizational levels of the Bank.
3. Identifying, measuring, monitoring, and controlling Compliance Risk in accordance with risk management provisions
applicable to Commercial Banks and SBU.
4. Assessing and evaluating the effectiveness, adequacy, and conformity of CIMB Niaga’s policies, regulations, systems,
and procedures with regulatory requirements, including conducting compliance reviews of business units.
5. Reviewing and providing recommendations for updating and enhancing policies, regulations, systems, and
procedures to ensure compliance with regulatory requirements, including Sharia Principles for SBU.
6. Acting as a liaison officer between the Bank and regulators, particularly in relation to regulatory audits.
7. Reporting the implementation of the compliance function and compliance status of CIMB Niaga to the BOD and the
Board of Commissioners (BOC) through the Compliance Director.
8. Providing input and clarification in response to inquiries from business units regarding the implementation of Bank
Indonesia and OJK regulations.
9. Organizing training and socialization programs on external regulations for business units.
10. Performing other duties related to the Compliance Function.
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HUMAN RESOURCES AND PROFESSIONAL CERTIFICATIONS
As of 2025, the CMU comprised 31 (thirty-one) employees, including the Head of Compliance Management. All CMU
employees have obtained Compliance Certification and Risk Management Certification.
Throughout 2025, CMU employees also participated in various education and training programs to support their
functions and roles:
No. Training/Workshop/Conference/Seminar Organizer Date & Place
1 MaximAIze (Data Community Sharing Forum – DCSF) Google AI and CIMB Niaga October 2025, Jakarta
2 Generative AI and Its Impact to Everyday Business CIMB Niaga November 2025,
Jakarta
3 Building a Strategic Commitment to Sustainability CIMB Niaga March 2025, Jakarta
4 Risk Management Certification Refreshment LSP BSMR 2025, Jakarta
5 Building Effective and Continuous Compliance Culture CIMB Niaga August 2025, Jakarta
In addition, CIMB Niaga has personnel with direct b. Risk Control Self-Assessment (RCSA) conducted
responsibility for managing compliance risk within by business units (first line) through RCU/DCORO,
business units in accordance with the applicable with results reported to CMU.
compliance framework. This function operates as part c. CMU review RCSA self-assessment reports,
of the first line of defense through the Risk Control including verification of compliance
Unit (RCU), which ensures the consistent and effective implementation in business units.
implementation of operational compliance controls in d. Monitoring fulfillment of regulatory commitments,
each business unit. As of 2025, a total of 43 (forty-three) including new regulations and audit/examination
RCU personnel had obtained Compliance Certification. results.
e. Monitoring compliance status of members of the
IMPLEMENTATION OF COMPLIANCE CIMB Indonesia Financial Conglomeration (CIFC).
MANAGEMENT UNIT ACTIVITIES IN 2025 f. Compliance monitoring through the ReCoM
1. Compliance Awareness Programs and Activities (Regulatory Commitment Monitoring) application.
a. Updating banking regulations database. g. Updating compliance monitoring methodologies
b. Conducting socialization and training related to for RCSA-based unit assessments and encouraging
external regulations through online sessions, the use of data analytics.
business learning sessions, Learning on the Go 4. Compliance Reporting and Key Performance
(LoG) via the ARJUNA application, and other Indicators (KPI)
communication media. a. Self-assessment of the compliance risk profile in
c. Training programs for RCU and Designated the Bank Soundness Level Report.
Compliance & Operational Risk Officers (DCORO). b. Periodic compliance reporting to the BOD, the
d. Active collaboration between CMU and RCU BOC, and OJK.
to enhance RCU competency and monitor c. Development of compliance-related KPIs for
compliance implementation in business units, Directorates, business units, and RCU.
including the regular organization of RCU Forums. 5. Integrated Compliance Function Activities
2. Compliance Testing Programs and Activities a. Periodic Integrated Compliance Reporting on
a. Compliance testing of proposed new products/ compliance implementation within CIFC to the
activities and new or amended policies/ BOD and the BOC of the Bank as the Financial
procedures. Conglomerate Holding Company (FCHC).
b. Provision of advisory recommendations and b. Alignment of the compliance framework with
opinions by the Compliance Unit in response the compliance functions of financial institutions
to advisory requests from other business units within CIFC.
regarding compliance matters.
3. Compliance Monitoring Programs and Activities
a. Strengthening the function and role of RCU
and enhancing RCU competencies through
discussions, forums, and training.
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Highlights Reports Profile Discussion & Analysis Management
COMPLIANCE INDICATORS IN 2025 • Commitment Module:
1. Capital Adequacy Ratio (CAR) covering credit, market, - for monitoring and follow-up on the results
and operational risks of 24.54%, exceeding the of inspections/audits conducted by the
regulatory minimum. Regulator; and
2. No breaches or violations of the Legal Lending Limit - monitoring reports (excluding periodic reports
(LLL). submitted online) that must be submitted to
3. Net Non-Performing Loan (NPL) ratio of 0.70%, below the Regulator.
the regulatory maximum of 5%. • FAQ (Frequently Asked Questions) Module: a
4. Daily and average Rupiah Statutory Reserve database of questions and answers related to
Requirement (GWM) of 6.83%. compliance, sourced from both Regulators and
5. Daily and average Foreign Currency Statutory Reserve business units.
Requirement (GWM) of 4.12%. • P&P REVIEW (Policy & Procedure Review) Module:
6. Liquidity Coverage Ratio (LCR) of 198.91%, exceeding for conducting compliance reviews/tests on
the minimum requirement of 100%. policies and/or procedures by CMU for work units.
7. Net Stable Funding Ratio (NSFR) of 114.96%, exceeding • RCSA (Unit Self-Assessment on Compliance
the minimum requirement of 100%. Risk) Module: used to document compliance
8. Net Open Position (on and off balance sheet) of risks/issues inherent in a work unit and existing
0.98%, below the maximum limit of 20%. controls. Work units conduct self-assessments of
9. Regulatory audit follow-up commitments were risk and control adequacy to ensure that internal
fulfilled in accordance with targeted timelines. controls within the work unit are adequate and
effective. They also identify necessary corrective
(Note: All figures and financial information disclosed in this section are still
provisional and subject to further adjustments based on the audit results of the actions to mitigate risk exposure/compliance
2025 Financial Report.)
issues based on the unit’s self-assessment results.
• MGA (Matrix Gap Analysis and New Regulation
IMPLEMENTATION OF COMPLIANCE Update) Module: for administering external
MANAGEMENT UNIT DUTIES IN 2025 regulations and distributing summaries of new
1. Training and Regulatory Socialization (Compliance regulations, including establishing follow-up
Awareness Program) actions for new regulations and identifying RCSA
CMU conducted regulatory socialization through updates.
Compliance News (email) and training applications • Periodic Monitoring Review Module: for managing
(e-learning LoG). CMU also managed and updated the Periodic Monitoring Review (PMR) activities,
banking regulations database on the Bank’s internal limited to recording PMR activities and following
portal (e-Manual). Various socialization and training up on PMR results to business units. This module
activities include: applies to CMU and other involved parties and/or
- RCU Forum and RCU Leadership. work units.
- Compliance Agent Rewards for Business Units. • Unit Review Module: used to review the results of
- Bi-Weekly Compliance Management Meetings. self-assessments conducted by business units.
- Socialization of new regulations, workshops, and 4. Compliance Monitoring
refresher courses on compliance aspects. CMU monitored compliance implementation in work
- Compliance Certification. units through RCSA self-assessments conducted by
- Developing compliance learning modules through each RCU/DCORO within the work unit. This is also
LoG. complemented by the results of other independent
2. Compliance Testing and Advisory audits (such as those from the Internal Audit Unit
CMU conducted compliance testing on internal and the Risk Management Unit) and inspections
policies and new products and/or activities to ensure by authorized authorities. Furthermore, CMU also
compliance with regulatory requirements. CMU also conducts Compliance Management Services Surveys
provided opinions/advice to work units based on the for internal and external parties.
principle of prudence and compliance with external
regulations.
3. Implementation and Development of the Regulatory
Compliance Management (ReCoM) System
CMU used the internal ReCoM system application
to support compliance programs and activities. The
ReCoM application consists of the following modules:
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5. Compliance Review b. Socialization and training related to external
CMU conducted compliance reviews (unit reviews, regulations. These socialization and training
periodic reviews, and thematic reviews) at work activities are conducted through online face-to-
units. These reviews are conducted to verify the work face sessions and the Compliance module in the
unit’s self-assessment process for the RCSA and to LoG application via the ARJUNA app.
assess any compliance issues within the work unit.
Furthermore, CMU conducted compliance reviews Technological innovations (including AI) are also
of the implementation of the RCSA self-assessment utilized in awareness programs.
within the work unit. CMU conducted compliance 2. Training programs for the RCU and DCORO functions
reviews at 27 (twenty-seven) work units throughout to improve competency and strengthen the RCU
2025. function through regular RCU Forums.
6. Regulatory Oversight 3. Programs and activities in Compliance Testing, which
CMU is responsible for coordinating regulatory audit include compliance testing of new product/activity
activities at CIMB Niaga. Throughout 2025, CMU plans and policies/procedures, as well as providing
coordinated audit activities by the OJK Conventional advisory recommendations/opinions regarding
Supervisory, the OJK Sharia Supervisory, and Bank compliance aspects.
Indonesia. Based on the Bank’s monitoring, the
Bank’s commitments regarding regulatory audit 4. Programs and activities in monitoring compliance
results that were due have been followed up by the implementation, including:
Bank in accordance with the fulfillment deadlines, a. Strengthening the function and role of the
and no audit follow-up commitments are “overdue” RCU, and improving RCU competency through
to the regulator. discussions/training forums.
7. Compliance Report b. Self-assessment of the RCSA by the RCU and
CMU submitted compliance reports and the Bank’s reporting the results to the CMU.
compliance activities to authorized internal parties c. Review of the results of the RCSA self-assessment
and regulators in accordance with regulations. by the RCU, including validation of the
implementation of the compliance methodology
Compliance Activities 2025 in the work units.
d. Monitoring the follow-up of the Bank’s
Socialization of New Provisions by CMU 72 new provisions
commitments to the competent authorities.
Training by CMU 4,026 participants e. Monitoring the compliance status of each CIFC
Compliance Testing by CMU 608 compliance tests member.
f. Implementation of compliance monitoring
(including compliance reviews) through the
In addition to the above activities, the CMU also undertook ReCoM application.
various initiatives to support and develop a Compliance 5. Programs and Activities in the Compliance Report
Culture, including: and KPI Assessment
1) Implemented and strengthened the RCU function a. Periodic Compliance Reports to the BOD, BOC,
and infrastructure to support first-line functions in and the OJK.
work units to manage compliance risk. b. Preparation of compliance-related KPIs for
2) Implemented Compliance Reviews in work units using Directors and work units, as well as KPIs for the
the Aligned Assurance method. CMU collaborated RCU.
with Internal Audit in compliance reviews. 6. Integrated Compliance Function Activities
3) Updated the methodology and implementation of a. Conducting periodic Integrated Compliance
Compliance Risk KPIs for assessing the performance reporting on compliance implementation within
of the BOD and all employees, including taking into the CIFC to the BOD and BOC of the Bank as the
account any fines from regulators for the relevant FCHC.
employee KPIs. b. Aligning the compliance framework with the
compliance functions of the CIFC member
COMPLIANCE MANAGEMENT UNIT WORK financial services institutions.
PLAN IN 2026
Looking Going forward, the CMU of CIMB Niaga has
established several work plans for 2026, including:
1. Programs and Activities in Distributing Regulations
a. Updating the database of banking regulations and
other related provisions.
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Anti-Money Laundering (AML),
Counter the Financing of Terrorism (CFT) and
Counter of Proliferation Financing of Weapons of
Mass Destruction (CPFWMD) Program
The implementation of the Anti–Money Laundering, Terrorism Crimes, Financial Services Authority Regulation
Counter the Financing of Terrorism, and Counter of (POJK) No. 8 of 2023, Circular Letter of the Financial
Proliferation Financing of Weapons of Mass Destruction Services Authority (SEOJK) No. 32/SEOJK.03/2017 regarding
(AML, CFT & CPFWMD) Program is an obligation for all the Implementation of AML/CFT Programs in the Financial
parties, particularly Banks as financial service providers. Services Sector, SEOJK No. 47/SEOJK.04/2017 regarding
This obligation ensures that all Bank operational activities the Implementation of AML, CTF & CPFWMD Programs in
are conducted in accordance with regulatory compliance the Capital Market Sector, and Bank Indonesia Regulation
standards and the prudential principles stipulated by the (PBI) No. 10 of 2024 regarding the Implementation of Anti–
regulators. Money Laundering, Counter the Financing of Terrorism,
and Counter of Proliferation Financing of Weapons of
CIMB Niaga recognizes the importance of maintaining Mass Destruction (AML, CFT, & CPFWMD) for Parties
heightened vigilance amid the increasing diversity and Regulated and Supervised by Bank Indonesia, as well as
sophistication of methods used by perpetrators to internationally recognized best practices.
exploit Banks as vehicles for Money Laundering Crimes,
Financing of Terrorism Crimes, and the Financing of Furthermore, CIMB Niaga implements the AML, CFT &
the Proliferation of Weapons of Mass Destruction. CPFWMD Program as part of the commitment of the Board
The complexity of these typologies necessitates of Directors (BOD) and the Board of Commissioners (BOC)
continuous strengthening of control systems, monitoring to foster a strong Risk Culture across all organizational
mechanisms, and risk mitigation measures across all levels, while preventing the misuse of the Bank’s products,
operational lines. services, and electronic channels as means for money
laundering, financing of terrorism, and proliferation
To this end, CIMB Niaga has established an Anti-Money financing of weapons of mass destruction. CIMB Niaga also
Laundering (AML) Work Unit as a dedicated function fulfills its obligations under the relevant POJK and SEOJK
that reports directly to the Director of Compliance to regarding the implementation of the AML, CFT & CPFWMD
implement the AML, CFT & CPFWMD Program within the Program and the immediate freezing guidelines for
Bank. The Program is also executed through a risk-based customer funds within the financial services sector, where
approach, encompassing the assessment of AML, CFT & the customer’s identity is listed in the List of Suspected
CPFWMD risks at both the customer level (customer risk Terrorists and Terrorist Organizations and the List of
rating) and on a bank-wide basis (Bank AML risk rating). Proliferation Financing of Weapons of Mass Destruction.
AML, CFT & CPFWMD POLICIES MECHANISM FOR THE APPOINTMENT
The implementation of CIMB Niaga’s AML, CFT & CPFWMD AND DISMISSAL HEAD OF ANTI MONEY
Program is based on Law No. 8 of 2010 on the Prevention LAUNDERING (AML)
and Eradication of Money Laundering Crimes, Law No. 9 The Head of AML is appointed and dismissed based on
of 2013 on the Prevention and Eradication of Financing the decision of the BOD and is duly reported to the OJK.
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PROFIL HEAD OF AML
Educational Bachelor of Science in Mathematics, Bandung Institute of Technology (2001)
Background & Risk Management Certification Level 6
Professional Compliance Certification Level 2
Certifications Certified Anti Money Laundering Specialist (CAMS)
Certified Global Sanctions Specialist (CGSS)
Work Senior Vice President – Head of AML di CIMB Niaga (2022 – sekarang)
Experiences Vice President – AML Business Alignment & Awareness Head di CIMB Niaga
(2019 – 2022)
Vice President – AML Policy & System Head di UOB Indonesia (2013 – 2018)
Senior Manager – Process Design Retail Credit Loan Operations di UOB
Indonesia (2011 – 2013)
Manager – Operations & Policy Management Retail di UOB Indonesia (2009
– 2010)
Manager – Operation Development di OCBC NISP (2001 – 2008)
Peter Gunawan
Head of Anti Money Laundering Legal Basis of Decree No. 314/OMTKA/SS/HR/III/2022
Appointment
(AML)
Age 46 years old
Gender Male
Nationality Indonesian
Domicile Jakarta
TRAINING OF HEAD OF AML IN 2025
No. Name of Training/Workshop/Conference/Seminar Organizer Time & Place
1 Public-Private Roundtable Forum by the US Embassy (scam - fraud - AI - OFAC - MSB US Embassy 14 January 2025
- TBML) Jakarta
2 Best Report Award 2025 “Challenges for the AML/CFT Analyst Profession in Facing PPATK 4 June 2025
Current High-Risk Crimes” (also served as a Resource Person) Jakarta
3 Implementation of the Access to Information Law from the Indonesian Banking Directorat General of 19 June 2025
Association (Banks as Depository Institutions and Custodian Institutions) (also Taxes Jakarta
served as a Resource Person)
4 Eradicating Online Gambling Practices Together for a Better Indonesia FKDKP 29 August 2025
Jakarta
5 Countering Proliferation Financing Risk Assessment Workshop Royal United Service 10-11 September
Institute for Defence and 2025
Security Studies (RUSI) Jakarta
6 Exploring the Implementation of AML & Sanctions International and Its KB Bukopin 9 October 2025
Implementation in the Banking Industry for the Executive Level Jakarta
7 Understanding the Importance of Integrity in Financial Institution Management FKDKP 16 October 2025
Online
8 Strengthening the Implementation of AML, PPT, and PPPSPM Programs in Capital OJK 22 October 2025
Market Supporting Institutions and LUD Jakarta
9 MaximAIze (Data Community Sharing Forum – DCSF) CIMB Niaga 29 October 2025
Jakarta
10 Strengthening the TPPU Committee in Preventing and Eradicating Money PPATK 4 November 2025
Laundering Crimes Online Gambling Online
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ORGANIZATIONAL STRUCTURE OF THE AML WORK UNIT
Compliance, Corporate
Affairs & Legal Director
Head of AML
AML Business AML System & AML Testing &
AML Analyst
Alignment & Awareness Reporting Quality Assurance
DUTIES AND RESPONSIBILITIES OF THE AML 7. Map AML, CFT & CPFWMD risks on a bank-wide basis
WORK UNIT and conduct periodic assessments and validations at
The duties and responsibilities of the AML Work Unit branch offices and business units through both off-
include the following: site and on-site reviews.
1. Conduct planning and develop strategies for the 8. Foster AML awareness within the First Line of Defense
implementation of the AML, CFT & CPFWMD Program as the frontline safeguard in the implementation of
in order to identify, measure, manage, and effectively the AML, CFT & CPFWMD Program.
mitigate AML, CFT & CPFWMD risks. 9. Ensure that the Bank provides responses and fulfills
2. Formulate AML, CFT & CPFWMD Policies and data and information from authorized agencies
Procedures in accordance with prevailing laws and as regulated in applicable laws and regulations
regulations as well as internationally recognized regarding money laundering, financing terrorism and
best practices, serving as guidance for employees in proliferation.
conducting business and banking operations. 10. Provide advisory services, recommendations, and
3. Evaluate and ensure that all policies and procedures guidance to business units and branch offices
governing CIMB Niaga’s products, services, and regarding AML, CFT & CPFWMD matters.
electronic channels are not misused as vehicles 11. Carry out the reporting process for Suspicious
for money laundering, financing terrorism, or Financial Transactions (LTKM), Cash Financial
proliferation financing. Transactions (LTKT), IFTI, Integrated Service User
4. Prepare and maintain supporting information Information System (SIPESAT), Suspected Financing
systems for the implementation of the AML, CFT & Terrorism Information System (SIPENDAR), OJK
CPFWMD Program, including customer identification, Online Reporting Application (APOLO), Anti-Money
customer risk classification, transaction monitoring, Laundering and Financing Terrorism Prevention
and AML watchlist screening. Program Information System (SIGAP) and other
5. Identify AML, CTF & CPFWMD risks based on NRA, reports in accordance with applicable laws and
SRA and criteria and parameters of 5 (five) risk regulations to regulators accurately and on time.
factors, namely customer profile, business, country 12. Monitor the implementation of the AML, CFT &
and geography, products used and types of business CPFWMD Program at business unit and branch
entities that are vulnerable to money laundering. levels through Testing and Quality Assurance of
6. Measure AML, CFT & CPFWMD risks and implement RCSA implementation, including assigning ratings
risk mitigation controls through the Risk Control Self- to business units and branch offices as a basis for
Assessment (RCSA) mechanism to minimize potential corrective actions
money laundering risks at business units and branch 13. Make updates of information systems to ensure
offices. alignment with developments in technology,
transactions, products, services, and current business
activities.
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IMPLEMENTATION OF THE AML, CFT & 2. Risk-based AML, CFT & CPFWMD Policies and
CPFWMD PROGRAMS IN 2025 Procedures are in Accordance with the Bank’s
CIMB Niaga implements the Three Lines of Defense Business Complexity, which Include the Following
model to ensure effective execution of the AML, CFT & Provisions:
CPFWMD Program, as follows: a. Customer Due Diligence (CDD) for Customer
Identification and Customer Data Updates,
1. First Line of Defense including classification methods for determining
The First Line of Defense is implemented by business customer risk for potential money laundering,
units/branch offices that carry out daily company financing terrorism, and financing for the
activities as the organization’s front line. Each business proliferation of weapons of mass destruction,
unit/branch office has a designated person responsible identification of Beneficial Owners, and screening
for implementing the AML, CFT & CPFWMD programs, of customer data against the Anti-Money
known as Local AML. They are also granted access to Laundering Watchlist (AML Screening) database.
the AML, CFT & CPFWMD information system. Data updates for 2025 amounted to 151,174 CIF
(99.13%) of the 152,500 CIF.
2. Second Line of Defense b. AML, CFT & CPFWMD risk measurement is
The Second Line of Defense functions as a monitoring conducted using Risk-Based Approach (RBA)
and oversight layer to ensure that the First Line of indicators/parameters, which include Customer
Defense performs its responsibilities effectively. The Risk Rating and Bank AML Risk Rating.
AML Work Unit acts as the Second Line of Defense by c. Control and management of AML, CFT & CPFWMD
developing strategies, control measures, and systems risks are carried out through the implementation
to strengthen the implementation of the AML, CFT & of Customer Due Diligence (CDD) or Enhanced
CPFWMD Program. Due Diligence (EDD) processes to identify
customer profiles and analyze the suitability
3. Third Line of Defense of transactions to the customer/WIC profile.
The Third Line of Defense provides independent This includes the dissemination of policies and
assurance over the implementation of the AML, CFT procedures, training of all Bank employees, and
and CPFWMD Program carried out by the First and evaluation of the implementation of AML, CFT &
Second Lines of Defense. This function is performed CPFWMD at branch offices through Risk Control
by Internal Audit, External Audit, and the Board of Self-Assessment (RCSA).
Commissioners to ensure the effectiveness of both d. Continuous monitoring and analysis to identify
preceding defense layers. the suitability of customer transactions to the
customer profile, including closing business
Throughout 2025, the BOD and the BOC actively relationships and rejecting transactions in the
supervised the implementation of the AML, CFT & context of AML, CFT & CPFWMD implementation.
CPFWMD Program through the following measures: e. Identification and assessment of the risks of
money laundering, financing terrorism, and
1. Establishment of a Dedicated Anti Money financing the proliferation of weapons of mass
Laundering (AML) Unit as the Fuction Responsible destruction related to Bank products and services,
for Implementing the AML, CFT & CPFWMD as well as the establishment of e-channels.
Programs f. Identification and reporting of LTKM, LTKT, Foreign
In carrying out its functions, the AML unit reports Financial Transactions (LTKL), and SIPESAT, the
and is directly responsible to the Director of Suspected Financing Terrorism Information
Compliance. Staff in the AML unit possess adequate System (SIPENDAR) to the PPATK, the OJK Online
banking knowledge and experience in assessing and Reporting Application (APOLO), and other reports.
mitigating risks related to the implementation of AML, g. New employee screening procedures and
CFT & CPFWMD programs. All staff have undergone employee transaction monitoring as part of the
compliance training and certification. Know Your Employee (KYE) implementation.
h. Administration of CDD documents and other
The AML unit had 31 (thirty one) staff as of December documents related to AML, CFT & CPFWMD.
2025. Furthermore, given the Bank’s large scale, i. Follow-up on achieved results and reporting of
each business unit and branch office has a DCORO AML, CFT & CPFWMD risk exposures to senior
(Director of Operations) and a Local AML Team to management, committees, and regulators.
ensure the implementation of AML, CFT & CPFWMD in
the relevant area and to access and monitor customer
transactions. The total number of employees in
the Local AML team currently stands at 2,794 (two
thousand seven hundred ninety-four).
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j. Internal Control, including: complement this, the Bank has subscribed to the
1) Preparation of processes and controls as Thomson Reuters-Worldcheck watchlist database.
guidelines for business units and to ensure The Bank also rescreening all existing customers each
compliance with and understanding of time the watchlist is updated or added.
AML, CFT & CPFWMD programs. Controls
as guidelines for business units are outlined 5. AML, CFT & CPFWMD Risk Assessment
in policies and procedures (SOPs) related to The Bank has developed a risk-based approach to
AML, CFT & CPFWMD. measure AML, CFT & CPFWMD risks at the customer
2) Testing and Quality Assurance (QA) processes level (customer risk rating) and bankwide (Bank AML
to ensure that business units and branch risk rating):
offices have implemented AML, CFT & CPFWMD a. Customer AML Risk Rating (CRR), which measures
in accordance with applicable policies and the AML, CFT & CPFWMD risks inherent in each
procedures. customer using indicators that include customer
3) Assessment of risk indicators based on risk identity/profile, geographic/country and business
considerations and appropriate methodologies, factors, products/services/channels used by
along with documentation. the customer, and the type of business entity
classified as Low, Medium, and High.
3. Management Information System for the
Implementation of AML, CFT & CPFWMD CIMB Niaga’s customer risk profile in 2025 is as
To monitor customer profiles and transactions, CIMB follows:
Niaga has an application system that can identify and No. Customer Risk Total %
determine customer risk levels, analyze, monitor, and
1 Low Risk 21 0%
provide reports on the characteristics of customer
transactions, including the identification of suspicious 2 Medium Risk 6,172,115 93.58%
financial transactions. 3 High Risk 423,509 6.42%
This application is capable of comprehensively b. Bank AML Risk Rating (BARR), The Bank AML
monitoring all customer transactions at the Bank, Risk Rating (BARR) represents the assessment
including credit card products, wealth management, outcome of CIMB Niaga’s AML, CFT & CPF risk
and custody. The application is equipped with profile, determined based on inherent risk
parameters and thresholds, which are continuously exposure and the adequacy and effectiveness of
evaluated in line with developments in money the Bank’s AML, CFT & CPFWMD risk controls and
laundering, financing terrorism, and financing for the mitigation measures. Based on the assessment
proliferation of weapons of mass destruction. conducted, the Bank’s overall AML, CFT &
CPFWMD Compliance Risk Profile as of the end of
This application also has functions for screening the second semester of 2025 was rated “Low to
watchlists and reporting LTKM, LTKT, LTKL, SIPESAT, Moderate.” Throughout 2025, assessments were
SIPENDAR, APOLO, SIGAP, and other reports. The conducted across 119 (one hundred and nineteen)
AML system can also monitor customer data updates branch offices and 18 (eighteen) business units,
and completeness when opening an account. The accompanied by recommendations and feedback
Bank continuously improves the application, adding provided to branches and business units as part
various functions to increase system effectiveness of continuous improvement efforts.
and efficiency.
6. Internal Control to Evaluate the Adequacy and
4. Screening against Watchlists Effectiveness of the AML, CFT & CPFWMD Program
The Bank screens every account opening and business To ensure that the implementation of the AML, CFT
relationship with a customer against watchlists & CPFWMD programs is in accordance with the
issued by the competent authorities and watchlists established policies, self-assessment procedures are
commonly used in international best practices implemented at branch offices and through the Risk
(including the Office of Foreign Assets Control Self-Assessment method.
(OFAC) List, the United Nations (UN) List, the List of
Suspected Terrorists and Terrorist Organizations 7. Compliance Testing and Issuance of Opinions on
(DTTOT), the Proliferation List, the Politically Exposed AML, CFT & CPFWMD Matters
Person (PEP) list, and adverse news coverage). To During 2025, the AML Unit reviewed policies,
procedures, products, activities, and channels
to ensure compliance with prevailing laws and
regulations related to AML, CFT & CPFWMD.
In addition, the AML Unit issued 6,751 (six thousand
542 PT BANK CIMB NIAGA TBK 2025 Annual Report
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seven hundred and fifty-one) advisory opinions to AML Training
business units and other work units in response to
inquiries and issues related to the implementation of 15,198 20,636 17,561
the AML, CFT & CPFWMD Program.
8. AML, CFT & CPFWMD Training (Certification) for
Employees
AML, CFT & CPFWMD training is mandatory for all
employees and is conducted periodically through both
classroom-based training and e-learning platforms.
During 2025, a total of 17,561 (seventeen thousand
2023 2024 2025
five hundred and sixty-one) employees participated
in AML, CFT & CPFWMD training programs, including
online training delivered through the Learning on the
Go (LoG) application.
9. Reporting and Submission of Data to Regulators/Law Enforcement
Reporting to the Financial Transaction Reports and Analysis Center (PPATK) regarding the implementation of AML,
CFT & CPFWMD is carried out by the AML unit at the head office as follows:
Reporting Data to PPATK in 2023-2025
4,479 9,198 7,207 85,382 82,738 80,797 267,745 290,494 310,904 1,303,000 1,803,551 1,769,443
2023
2024
2025
LTKM LTKT LTKL SIPESAT
NUMBER OF CORRESPONDENCE WITH REGULATORS IN 2025
Agency Number of Data Requests (Letters)
PPATK/BNN/KPK/OJK/POLRI 1,146
Investigation 21
10. Improvement Initiatives Undertaken in 2025
In 2025, to improve the implementation of the AML, CFT & CPFWMD program, the AML unit implemented the
following initiatives:
a. Already developing a dashboard for transaction analysis and identifying potential suspicious financial transactions
using artificial intelligence.
b. Already improving parameters for identifying fraudulent transactions and online gambling.
c. Already adjusting the AML, PPT, and PPPSPM training modules through a mobile application.
d. Already preparing the Sharia Business Unit (SBU) spin-off plan, including establishing the AML SBU organizational
structure, drafting policies and procedures, developing systems and reporting, and others.
e. Already aligning AML, CFT & CPFWMD policies/procedures with applicable regulations.
f. Already conducting an assessment of the implementation of AML, CFT & CPFWMD at the business unit/branch
office level, as well as subsidiaries (CNAF & CNS) that pose higher risks.
g. Already refining the Institutional Risk Assessment (IRA) calculation methodology related to the financing of
weapons of mass destruction proliferation.
h. Already adjusting the AML, CFT & CPFWMD training modules specifically for front-line personnel through a
mobile application.
i. Developing the AMELIA application to administer and record all letters from regulators and APGAKUM.
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AML, CFT, CPFWMD PLAN 2026 d. Developing communication and education channels
CIMB Niaga has prepared a work plan for 2026 to support related to the implementation of the AML, CFT &
the implementation of AML, CFT, and CPFWMD as follows: CPFWMD programs through podcasts.
a. Enhancement of the AML solution system over time e. Conducting assessments and alignment processes for
to improve the monitoring process for customer the implementation of AML, CFT & CPFWMD bankwide
transactions and the completeness of customer data. (business units/branches) and conglomerates
b. Continuing preparations for the spin-off of the (subsidiaries), taking into account the latest National
SBU, including finalizing policies and procedures Risk Assessment (NRA) and Sectoral Risk Assessment
and registering with regulators to fulfill reporting (SRA) issued by regulators.
obligations related to the AML, CFT, and CPFWMD f. Continuing the development of the AMELIA
program. application to administer and record all letters from
c. Aligning AML, CFT & CPFWMD policies/procedures to regulators and APGAKUM.
ensure they remain in line with applicable regulations
and CIMB Group policies.
Public Accountant
POLICY FOR APPOINTMENT OF PUBLIC In 2025, the appointment of PA Jimmy Pangestu, S.E.,
ACCOUNTANT CPA, was the third of such appointments following
The Bank has appointed Jimmy Pangestu, S.E., CPA, and the change from the previous PA, with the the PAF
the Public Accounting Firm Rintis, Jumadi, Rianto & Rekan, Rintis, Jumadi, Rianto & Rekan (a member firm of the
a member firm of the PricewaterhouseCoopers Global PricewaterhouseCoopers Global Network) which has
Network registered with the OJK, as the Public Accountant obtained a Registration Certificate from the OJK through
(PA) and Public Accounting Firm (PAF) to conduct the letter No. STTD.KAP-22/PM.021/2024 dated 27 May 2024.
audit of the Consolidated Financial Statements for the
2025 financial year. This appointment is in accordance EFFECTIVENESS OF AUDIT IMPLEMENTATION
with the OJK Regulation (POJK) No. 18 of 2025 regarding BY PUBLIC ACCOUNTANT
Transparency and Publication of Bank Reports and POJK The Audit Committee maintains active communication
No. 9 of 2023 regarding the Use of Public Accountant with the appointed PA and/or PAF before the audit process
and Public Accounting Firm Services in Financial Services begins, to discuss various matters that become the focus
Activities. This decision was made through the Annual of the Committee’s monitoring. Upon completion, the
General Meeting of Shareholders (AGMS) on 14 April Audit Committee evaluates the quality and effectiveness
2025, based on the recommendation of the Board of of the audit process, and submit the results to the OJK in
Commissioners (BOC) and the Audit Committee. accordance with applicable regulations.
TENURE OF THE PUBLIC ACCOUNTANT AND SUPERVISION AND COMMUNICATION BETWEEN
PUBLIC ACCOUNTING FIRM PUBLIC ACCOUNTANT AND THE BANK
CIMB Niaga complies with the provisions of POJK No. The PA shall communicate the audit methodology plan
9 of 2023, which, among others, stipulate that the and sample for the Bank’s Financial Statements to the
engagement of the same PA is limited to a maximum of Audit Committee and Internal Audit Unit (IA). The Audit
seven years cumulatively. Meanwhile, the continuation of Committee and IA then perform continuous oversight
the engagement of the PAF is determined based on the functions to ensure seamless external audit work
Audit Committee’s evaluation of potential risks that may in accordance with applicable regulations with due
arise if the Bank engages the same PAF consecutively consideration of audit process quality.
over a long period.
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Discussions on the oversight and monitoring of the PA’s and/or the PAF’s performance are conducted in Audit Committee
meetings attended by IA and the relevant Directors. To ensure comprehensive and optimal audit results, the meeting
also discussed the follow-up of audit findings identified by the PA and/or the PAF.
OPINION OF THE PUBLIC ACCOUNTING FIRM
The PAF Rintis, Jumadi, Rianto & Rekan (a member firm of the PricewaterhouseCoopers Global Network) has shown
an independent, competent, professional, and objective audit work in accordance with the Professional Standards of
Public Accountants. CIMB Niaga received an opinion stating that “the Consolidated Financial Statements is presented
fairly, in all material respects, the consolidated financial position of PT Bank CIMB Niaga Tbk and its Subsidiaries as of
31 December 2025, and its consolidated financial performance and consolidated cash flows for the year then ended, in
accordance with Financial Accounting Standards in Indonesia.”
NAMES, PERIODS, AND FEES FOR PUBLIC ACCOUNTING FIRM AND PUBLIC ACCOUNTANTS WHO
CONDUCTING THE AUDIT OF THE BANK’S ANNUAL FINANCIAL STATEMENTS IN THE THE LAST 5 (FIVE) YEARS
Year Public Accountant PAF PA Fee*
Public Accountant Firm PAF License
(Partner in charge) Period Period (excluding Tax)
2025 KAP Rintis, Jumadi, Rianto Jimmy Pangestu, S.E., CPA Rp11,946,390,260 KEP-315/KM.1/2024
& Rekan
2
2024 KAP Rintis, Jumadi, Rianto Jimmy Pangestu, S.E., CPA Rp11,107,875,250 KEP-315/KM.1/2024
3
& Rekan
2023 KAP Tanudiredja, Wibisana, Jimmy Pangestu, S.E., CPA Rp11,000,000,000 KEP-241/KM.1/2015
Rintis & Rekan
2022 KAP Tanudiredja, Wibisana, Drs. Irhoan Tanudiredja, CPA Rp10,226,700,000 KEP-241/KM.1/2015
9
Rintis & Rekan
3
2021 KAP Tanudiredja, Wibisana, Drs. Irhoan Tanudiredja, CPA Rp9,880,000,000 KEP-241/KM.1/2015
Rintis & Rekan
*
The audit fee includes the audit fees of the Subsidiaries.
OTHER SERVICES PROVIDED BY THE PUBLIC ACCOUNTING FIRM AND PUBLIC ACCOUNTANT OTHER
THAN THE AUDIT ON THE LAST ANNUAL FINANCIAL STATEMENTS (NON-AUDIT FEES) IN 2025
In 2025, the PAF Rintis, Jumadi, Rianto & Rekan (a member firm of the PricewaterhouseCoopers Global Network)
provided non-audit services to CIMB Niaga and its Subsidiaries regarding Assurance Services on Proforma Financial
Information of the Sharia Business Unit of PT Bank CIMB Niaga Tbk for the year ending 31 December 2024 amounting to
Rp1,300,000,000 (one billion three hundred million Rupiah), Assurance Services on Selected Sustainability Information
in the Sustainability Report of PT Bank CIMB Niaga Tbk and Subsidiaries for the period ending 31 December 2025
amounting to Rp760,000,000 (seven hundred sixty million Rupiah), and Non-Audit Assurance Engagement (NAAE) on the
Net Adjusted Working Capital (NAWC) to PT CIMB Niaga Sekuritas amounting to Rp70,000,000 (seventy million Rupiah).
Risk Management System
OVERVIEW OF THE RISK MANAGEMENT The implementation of the risk management system
SYSTEM IMPLEMENTED BY CIMB NIAGA at CIMB Niaga is guided by the Enterprise Wide Risk
CIMB Niaga embeds risk management as an integral Management (EWRM) framework. The EWRM framework
part of its organizational culture and as the foundation serves as the basis for a proactive and forward-looking
of every decision-making process. This is reflected in the risk management approach, enabling the Bank to
implementation of the three lines of defense philosophy, support sound and sustainable business growth,
which synergizes all risk management activities from risk maximize shareholder value, and optimize overall capital
identification, assessment, and control to reporting to management in accordance with prudential principles
Senior Management, as well as ongoing oversight by the and a risk-based approach.
Board of Directors and the Board of Commissioners.
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Furthermore, the EWRM framework is designed 4. Risk Management Process
to ensure that all of CIMB Niaga’s business targets The risk management process forms part of the
and plans can be achieved without compromising Bank’s day-to-day activities and is designed to ensure
prudential principles, while maintaining strong financial that risks are properly considered, assessed, and
performance, regulatory compliance, and the strength of addressed. This process encompasses business
the Bank’s franchise and brand value. Through the EWRM planning, risk identification and assessment, risk
framework, CIMB Niaga manages risks in an integrated measurement, risk management and control, as well
manner and aligns its risk appetite with its business as risk monitoring and reporting.
strategy. The key components of the EWRM framework
include the following: 5. Risk Management Infrastructure
An effective risk management infrastructure is
1. Risk Culture essential for the successful implementation of EWRM.
Risk culture reflects the awareness, attitudes, The infrastructure supporting the risk management
and behaviors of employees toward risk and risk process comprises three key components: policies,
management within the Bank. The implementation methodologies and procedures; Human Resources
of risk management is embedded in the three lines of (HR); and technology and data.
defense philosophy, whereby risks are managed at the
point of risk-taking to ensure clear accountability for CIMB Niaga conducts its risk management processes
risks across the organization, with the Risk Management through the RMU, which operates independently from
Unit (RMU) acting as an enabler for business units. business units. RMU is responsible for designing and
These efforts are expected to continuously strengthen implementing a comprehensive risk management
the Bank’s risk culture. framework covering risk identification, measurement,
monitoring, and control, along with the delivery of risk
2. Governance level reports and the strengthening of internal control
The Bank’s risk governance structure, through various systems. RMU also coordinates and disseminates all risk
risk committees, is designed to strengthen the four- management processes throughout the Bank to ensure
eyes principle, independence, and transparency the risk management practices are applied consistently,
across all risk management processes, thereby integrated thoroughly, and aligned with prudential
ensuring the consistent and effective implementation principles.
of the EWRM framework.
A comprehensive explanation of the Bank’s risk
3. Risk Appetite management implementation is explained in more detail
Risk Appetite represents the types and levels of in the Risk Management Chapter of this Annual Report.
risk that the Bank is willing to accept in pursuing its
strategic and business objectives, as outlined in the RISK MANAGEMENT UNIT
Risk Appetite Statement (RAS). The RAS is supported
by indicators and thresholds (Red–Amber–Green), STRUCTURE AND ORGANIZATIONAL POSITION OF
which provide management with a clear view of the THE RISK MANAGEMENT
Bank’s risk profile and enable timely corrective actions The structure of the RMU comprises several Centers of
when necessary. The Risk Appetite is established and Excellence (CoEs), each led by a Senior Executive Officer
managed under a sound governance framework and reporting to the Risk Management Director. Details
with clearly defined roles and responsibilities for all on the structure of the Bank’s Risk Management Unit
relevant functions and organizational units. are presented in the Risk Management chapter of this
Annual Report.
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PROFILE AND CERTIFICATION OF RISK MANAGEMENT WORK UNIT LEADERS
Name Certification
Koei Hwei Lien Level 6 Risk Management Certification
Head of Retail Credit Risk Management
Julius Wiantara Tjhioe Level 6 Risk Management Certification
Head of Operational Risk Management (ORM)
Diva Mahdi Level 6 Risk Management Certification
Head of Market Risk Management & Model Validation
Wahdinie Musmar Level 6 Risk Management Certification
Head of Non-Retail Credit Policy and Assurance Testing
Sandi Maruto • Certified Financial Risk Manager (FRM)
Head of ALM Risk • Level 6 Risk Management Certification
Tjahjadi Yapeter Level 6 Risk Management Certification
Head of Non-Retail Credit Risk Management
Jemy Kristian Soegiarto • Certified Financial Risk Manager (FRM)
Head of Risk Analytics, Infrastructure & Sharia • Level 6 Risk Management Certification
Dwi Novi Kusumawati Level 5 Risk Management Certification
Head of Anti Fraud Management
The complete profile of the Head of the Risk Management Unit is presented in the Senior Executive Profile.
DUTIES AND RESPONSIBILITIES OF THE RISK MANAGEMENT UNIT
1. Monitor the implementation of risk management 9. Prepare and submit risk profile reports to the BOD,
strategies recommended by Risk Management RMC, and Sharia Supervisory Board (for Sharia
Committee (RMC) and approved by the BOD. Business Unit Risk Profiles) on a regular basis.
2. Provide input to the BOD, including in the 10. Monitor the implementation of risk management
development of Risk Management Policies. policies, including developing procedures for
3. Monitor the overall risk position or exposure, for each identifying, measurement, monitoring, and risks
risk type and each type of functional activity. control.
4. Conduct stress testing to identify the impact of 11. Review proposed new strategic business lines that
significant changes in external conditions on have a significant impact the Financial Conglomerate’s
performance, liquidity, and capital. risk exposure.
5. Conduct periodic reviews of the risk management 12. Conduct independent reviews of the credit
process. underwriting process, including post-mortem
6. Perform reviews on proposals for new activities and/ reviews.
or products submitted or developed by related units. 13. Serve as the Integrated Risk Management Work Unit
The review focuses primarily on the Bank’s ability to in implementing Integrated Risk Management.
carry out new activities and/or products, including 14. Provide feedback to Integrated Risk Management
the systems and procedures used and their impact Committee regarding the formulation and refinement
on overall risk exposures. of the Integrated Risk Management Policy.
7. Provide recommendations related to the amount or 15. Prepare and submit Integrated Risk Profile reports
maximum risk exposure that the Bank can take, to on a regular basis to Integrated Risk Management
the Operational units (Risk Taking Unit) and the RMC, Committee.
in accordance with their respective authorities. 16. Provide information to the Integrated Risk
8. Evaluate the accuracy of the model and the validity of Management Committee regarding issues that needs
the data used in risk measurement, in the event that to be follow-up related to the evaluation results of
the Bank uses a risk model for internal purposes. Integrated Risk Management implementation.
17. Review methodology of the Bank’s risk management
framework in accordance with current best
practices as well as efforts to align risk management
implementation in its subsidiaries.
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COMPETENCY DEVELOPMENT AND PROFESSIONAL CERTIFICATION PROGRAMS FOR RISK MANAGEMENT
UNIT PERSONNEL
In 2025, the RMU supported by 227 (two hundred and twenty seven) personnel. RMU heads and personnel attended
various training programs throughout 2025 to develop and enhance the competency of RMU members, including:
No Name of Training/Workshop/Conference/Seminar Organizer Time and Place
1 Credit Academy Internal Bank, Moody’s, Alta Perfecto, January - December
Indonesian Institute Management Jakarta, West Java & Online
2 Financial Analyst Academy Binus School September & October
Jakarta
3 Artificial Inteligence, Cyber Security, and Digitalization Amazon Web Service, Ensign Infosecurity, January - December
Intellectual Business Community, Monash Jakarta & Online
University, Global Edu, Microsoft Indonesia
4 Risk Management Certification Internal Bank, Rahardja Duta Solusindo, January - December
Banking Strategic Learning Jakarta & Online
5 Climate Risk Awareness and Sustainability Finance Sustainability Finance Institute Asia, January, April, May, June,
Internal Bank, Otoritas Jasa Keuangan July, and September
(OJK), Oliver Wyman Jakarta, Kuala Lumpur &
Online
6 Overview of IFRS9 and Reporting PriceWaterhouseCoopers, March & May
Ernest and Young Jakarta & Online
7 Sharia Business Strategy 2025 – Execution to Result Gaphura, Kementrian Agama February
Jakarta
8 Leadership Development Program Internal Bank, MBS Management January – November
Development, Momenta, School of Business Jakarta, West Java,
& Management ITB Jakarta, IMD Singapore, Malaysia, Switzerland,
Asia School of Business, Daily Meaning Estonia, Online
9 Anti Fraud & Anti Bribery Awareness TUV Nord, British Standards Institution, May, June, August,
ACFE Indonesia Chapter, Lembaga November
Pengembangan Fraud Auditing (LPFA) Jakarta, Bandung,
Yogyakarta & Online
RISK MANAGEMENT PROFESSIONAL CERTIFICATION
The number of Bank employees who have obtained Risk Management Certification is as follows:
Certification Required
(Had no previous license or Recertification/Equivalency
require level adjustments)
Level
Already Recertified Has Not Been Recertified
Not Yet Passed (2025) (Target in 2026)
Passed (2025) (Target 2026)
Level 1 Level 2 Level 3 Level 4 Level 5 Level 1 Level 2 Level 3 Level 4 Level 5
Level 4 315 75 849 - - - - 510 - - - -
Level 5 30 10 - 519 50 - - - 221 6 - -
Level 6 1 - - - - 1 - - - - 4 -
Level 7 2 - - - - - 1 - - - - -
Total 348 85 849 519 50 1 1 510 221 6 4 0
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ASSESSMENT OF THE BOARD OF DIRECTORS ON THE Furthermore, as part of risk management, CIMB
PERFORMANCE OF THE RISK MANAGEMENT UNIT Niaga ensures a reporting and review process for the
The RMU performs periodic reviews, evaluations, and effectiveness of the Bank’s risk management system.
assessments to monitor the performance effectiveness. The Bank also consistently strives to implement a risk
The BOD’s assessment of RMU’s performance is a crucial management process based on prudent principles and to
element in ensuring an optimum risk management establish a risk culture, risk management infrastructure,
functions. This performance assessment is reflected, and good corporate governance.
among other, through asset quality indicators, the
level of losses due to operational risks, and various risk Based on OJK Regulation (POJK) No. 17/POJK.03/2014, the
management strengthening initiatives that has been CIMB Indonesia Financial Conglomerate faces 9 (nine)
taken. types of integrated risks: credit risk, market risk, liquidity
risk, operational risk, strategic risk, reputation risk, legal
Several assessment indicators remained at a level that can risk, compliance risk, and intragroup transaction risk.
be managed by the Bank, reflecting a strong performance Specifically, for the Sharia Business Unit, there are 2
by RMU. Key risks, such as Credit Risk, Liquidity Risk, (two) additional types of risk, they are investment risk
Market Risk, and Operational Risk, remained within the and return risk.
Bank’s established risk appetite.
A more detailed discussion of the types and efforts
Overall, the risk assessment indicators remained at a of the Bank in managing risks can be found in the Risk
level that is well-manageable by the Bank, reflecting Management Chapter of this Annual Report.
the effectiveness of the RMU’s performance throughout
2025. The key risks faced by CIMB Niaga also remain STATEMENT BY THE BOARD OF DIRECTORS
within the established risk appetite limits, demonstrating AND/OR BOARD OF COMMISSIONERS OR
consistent and measurable risk control. AUDIT COMMITTEE ON THE ADEQUACY OF
THE RISK MANAGEMENT SYSTEM
This achievement aligns with the completion of various The BOD and BOC declare that CIMB Niaga has an
strategic initiatives, including improving asset quality, effective and adequate internal control system in
implementing operational practices aligned with best managing the risks faced by the Bank throughout
practices, optimal capital management, and developing 2025. The risks remain within the established tolerance
advanced analysis and digitalization initiatives that levels (risk appetite) to support the achievement of the
strengthen the Bank’s risk management process. Bank’s objectives, as reflected in effective and eficient
operations, the delivery of accurate and reliable financial
A more detailed discussion of the risk management focus reporting, the safeguarding of the Bank assets, and
in 2025 can be found in the Risk Management Chapter of compliance with applicable laws and regulations.
this Annual Report.
RESULTS OF EVALUATIONS ON RISK
RISK MANAGEMENT MANAGEMENT SYSTEM EFFECTIVENESS
The risk management process at CIMB Niaga begins The evaluation results of the Bank’s risk management
with the business planning stage, which ensures the system in 2025 indicate that the system has been
Bank’s operational direction remains aligned with the operating well and effective. All decisions made by the
risk appetite established by the BOD. The next stage committee have been well documented. The BOC also
is risk identification, which aims to uncover material evaluates the implementation of the risk management
risks in each product and activity. The results of this strategy through the Risk Oversight Committee (ROC).
identification are then measured to provide the Bank A more detailed explanation can be found in the ROC
with a clear picture of the level of risk faced. Based on section.
the measurement results, the Bank determine its risk
management decisions, whether to take, avoid, transfer, In 2025, the regulators responded positively to the
or manage the risks by considering potential impacts as Bank’s risk management process, as reflected in the
well as the costs and benefits of the Bank’s products or Bank’s Sound Level rating, which was deemed Sound,
activities. which aligns with the Bank’s self-assessment. In addition
to the RMC, CIMB Niaga also has several other risk
management Executive Committees whose functions
include discussing specific risks in greater depth, such
as the Asset Liability Committee (ALCO), Operational Risk
Committee (ORC), Credit Policy Committee (CPC), and
Executive Credit Committee (ECC).
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Internal Control System
CIMB Niaga recognizes that the Internal Control System 2. Information Objective
(ICS) is a fundamental pillar in safeguarding business To provide accurate, complete, timely, and relevant
continuity, protecting the Company’s assets, and ensuring information required for sound and accountable
compliance with applicable laws and regulations. CIMB decision-making, encompassing both financial and
Niaga’s ICS is comprehensively designed with reference non-financial reporting for internal and external
to the Committee of Sponsoring Organizations of the stakeholders.
Treadway Commission (COSO) framework as well as
prevailing Financial Services Authority (OJK) regulations 3. Operational Objective
applicable to the banking industry in Indonesia. The ICS To enhance the effectiveness and efficiency of asset
comprises a structured set of policies, procedures, and utilization and other resources, while safeguarding
processes covering segregation of duties, management the Bank against potential losses, including those
oversight, risk identification, control activities, arising from fraud events.
information systems, and ongoing monitoring.
4. Risk Culture Objective
The ICS functions as a critical control mechanism in the To enable early identification of weaknesses and
Bank’s overall governance and serves as a reference deviations, and to continuously reassess the
for all business units to ensure operations remain appropriateness of internal policies and procedures.
sound, secure, and within controlled parameters. Its
implementation involves the Board of Commissioners IMPLEMENTATION OF INTERNAL CONTROL
(BOC), the Board of Directors (BOD), Management, and SYSTEM, FINANCIAL AND OPERATIONAL AND
all employees, providing reasonable assurance over the CONFORMITY WITH THE COSO - INTERNAL
achievement of control objectives. CONTROL INTEGRATED FRAMEWORK
Furthermore, the ICS contributes to mitigating the risk FINANCIAL AND OPERATIONAL CONTROL
of financial losses, irregularities—including fraud— The Bank implements two primary aspects of the ICS,
and breaches of prudential principles, while enhancing namely operational controls and financial controls,
organizational effectiveness and cost efficiency across including compliance with applicable laws and
all operational lines. The effective implementation of the regulations. Operational controls include, among others:
ICS also supports the achievement of the Bank’s vision 1. Review by the BOD by requesting the explanations
and mission, enhances stakeholder value, and minimizes and operational performance reports to detect
potential losses. control weaknesses, financial misstatements, or
irregularities, including fraud.
BASIS OF IMPLEMENTATION 2. Conduct review on risk assessments (risk profile
CIMB Niaga’s ICS is implemented in accordance with reports) prepared by the Risk Management Unit
OJK Circular Letter No. 35/SEOJK.03/2017 regarding (RMU), as well as analysing operational data by the
Guidelines for Standard Internal Control Systems for Internal Audit Unit (IA).
Commercial Banks. 3. Conduct review on the realization of work plans and
budgets.
OBJECTIVE OF INTERNAL CONTROL SYSTEM 4. Controls over information technology, including data
IMPLEMENTATION center operations and application systems.
The objectives of the Bank’s ICS include: 5. Comprehensive documentation of all policies,
procedures, and operational instructions.
1. Compliance Objective
To ensure that all banking activities are conducted in The Bank’s financial control framework encompasses the
full compliance with applicable laws and regulations following measures:
issued by the Government, Banking Supervisory 1. Segregation of duties is implemented to ensure
Authorities, Capital Market Regulators, as well as that no individual, in their respective role, has the
internal policies and procedures. opportunity to both commit and conceal errors or
fraud in the performance of their duties.
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2. Periodic updates of all policies, procedures, and operational instructions to reflect current operations and ensure
compliance with prevailing regulations and accounting standards.
3. Authorization over fund disbursements and expenditures.
4. Control over customer accounts and Bank accounts.
5. Control over accounting and bookkeeping transactions.
6. Control over physical assets, including asset safeguarding, record-keeping and documentation, and restricted access
to application systems.
CONFORMITY OF INTERNAL CONTROL WITH THE COSO FRAMEWORK
CIMB Niaga’s internal control framework refers to the COSO – Internal Control Integrated Framework, which ensures the
adequacy of controls over operational and financial activities, financial reporting reliability, operational effectiveness
and efficiency, and compliance with applicable laws and regulations. The COSO framework comprises 5 (five) integrated
components such as Control Environment, Risk Assessment, Control Activities, Information and Communication, and
Monitoring.
CIMB Niaga also adopts the Three Lines Model, which represents the practical implementation of control strategies
within the COSO-based oversight system, as further elaborated in the Risk Management chapter of this Annual Report.
In 2025, CIMB Niaga implemented its ICS in alignment with the COSO framework as follows:
Internal Control Elements based on COSO ICS Implementation at CIMB Niaga
Control Environment and Risk Culture The Bank continuously strengthens its control environment by instilling a strong
The control environment is the basis of all internal control culture of integrity and ethical conduct across all levels of the organization. This
components. commitment is reinforced through the enhancement of the Bank’s Code of Ethics
and the implementation of a Whistleblowing System policy, which provides a
It encompasses factors such as integrity, ethical values, and secure channel for employees to report violations.
the competence of individuals and entities, management
philosophy and operating style, how the management The BOC, through its established committees, conducts periodic reviews of the
assigns authority and responsibility as well as organizes control environment.
and develops its people, attention and direction provided
by the BOC. Through the Audit Committee, the BOC actively oversees the effectiveness of
internal controls to ensure that management conducts operations in accordance
with prudential principles.
Risk Assessment The BOD has established procedures to anticipate, identify, and respond to
Risk assessment refers to the mechanisms designed to events and constraints that may affect the achievement of the Bank’s objectives.
identify, analyze, and manage risks associated with the The BOC, through the Risk Monitoring Committee, ensures that the BOD has
various activities in which the organization operates. implemented effective risk management practices.
To ensure that the Bank remains “In Control,” throughout 2025, the Bank
regularly updated its risk assessment and identification processes in line with the
increasing complexity of its business activities. Each business unit acts as the first
line in identifying risks, which are overseen by the RMU to ensure appropriate
and targeted mitigation, and subsequently validated by the IA.
Control Activities Policies and procedures for business units and supporting units have been
Control activities represent the implementation of established and approved by the BOD. These policies are periodically updated by
management-established policies and procedures the respective business and support units and reviewed by the RMU.
designed to help ensure that organizational objectives are
achieved. The Bank applies the Four-Eyes Principle and strict Segregation of Duties to
prevent fraud and human error. All material transactions are subject to tiered
authorization processes in accordance with established approval limits. In
parallel, the Bank continues to enhance the digitalization of its control systems to
enable real-time transaction monitoring.
The Compliance Unit is responsible for disseminating applicable banking
regulations, conducting compliance testing on new internal policies as well as
proposed new products or activities, implementing Anti-Money Laundering (AML)
and Counter-Terrorism Financing (CTF) programs, and monitoring compliance
through designated officers within other work units. These activities are verified
by independent units operating within the second or third lines. The Compliance
Unit submits periodic compliance reports to the BOC, the BOD, and the Regulator.
Bank officers regularly review the existence and effectiveness of controls, ensure
appropriate segregation of duties, conduct routine verification of data accuracy,
and maintain and test emergency and contingency response plans.
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Internal Control Elements based on COSO ICS Implementation at CIMB Niaga
Information and Communication Procedures for data collection and technology information are in place to
Information and communication comprise systems and produce reports on business activities, financial condition, risk management
processes that enable individuals and entities to obtain implementation, and regulatory compliance, thereby supporting the duties of
and share the information necessary to carry out, manage, the BOD and the BOC.
and control operations effectively.
The reliability of financial reporting is supported by robust information
technology infrastructure with adequate security standards. The Bank ensures
that information provided to stakeholders is accurate and timely. Internal
communication channels are maintained to ensure that control policies are
clearly understood and consistently implemented across all organizational levels.
Monitoring and Continuous Evaluation The BOD, Bank Executives, and the IA conduct continuous monitoring of the
ICS implementation must be monitored to ensure its overall effectiveness of the ICS.
effectiveness.
Monitoring of key risks is prioritized and integrated into daily activities,
including periodic evaluations. The BOD and Bank Executives demonstrate
strong commitment by consistently following up on monitoring results and
recommendations issued by the IA.
Throughout 2025, the IA conducted risk-based audits and ensured that all audit
findings were consistently followed up by management. The results of these
evaluations were also regularly reviewed by the Audit Committee to ensure
continuous improvement of the Bank’s ICS.
EVALUATION ON THE EFFECTIVENESS OF INTERNAL CONTROL
In overseeing the implementation of the Bank’s ICS, the BOC is supported by the Audit Committee in evaluating the
effectiveness of internal controls. In 2025, this evaluation concluded that the Bank’s ICS remains aligned with established
control principles and overall, continues to demonstrate a sound and effective level of internal control.
The BOD also received reports relating to the adequacy of internal controls, and appropriate follow-up actions were
implemented to mitigate identified risks. These reports were further communicated to the BOC through the Audit
Committee.
STATEMENT OF THE BOARD OF DIRECTORS AND/OR THE BOARD OF COMMISSIONERS
REGARDING THE ADEQUACY OF THE INTERNAL CONTROL SYSTEM
Throughout 2025, the BOD and the BOC reaffirmed that CIMB Niaga maintains an effective and adequate ICS to manage
the risks faced by the Bank. Such risks are consistently maintained within the Bank’s defined risk appetite in support of
the achievement of its strategic objectives. The effectiveness of the ICS is evidenced by efficient operations, accurate
and reliable financial reporting, robust safeguarding of assets, and full compliance with applicable laws and regulatory
requirements.
Important Cases
NUMBER OF CASES FACED BY THE BANK
CIMB Niaga encountered several important cases in 2025, comprising civil, criminal, and tax matters. In civil cases, the Bank
acted as the Defendant, while in criminal cases, the Bank was reported as the Respondent/Reported Party. The details are
as follows (excluding Sharia cases, which are disclosed separately in the Sharia Business Unit Governance Report):
Total
Legal Cases Civil Criminal Tax
2025 2024 2025 2024 2025 2024
Number of Cases Faced 254 214 33 14 20 20
Settled Cases (Final and Legally Binding) 97 80 7 3 4 2
Cases in Settlement Process (as of December) 157 134 26 11 16 18
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IMPORTANT CASES ENCOUNTERED BY THE BANK
Throughout 2025, several civil legal cases with claim values exceeding Rp10 billion, along with the Bank’s associated
quantitative risk exposure, are presented as follows:
No Cases Risk faced by the
Case Subject Case Status Efforts of the Bank’s Management Case Value
Bank
1. Case No.359/ The debtor At the Payment of The Bank was declared the Material:
Pdt.G/2019/PN.JKT. defaulted and cassation compensation in prevailing party at the District Rp110,000,000,000
SEL between IH subsequently filed a level at the the amount of Court, and the decision was
(Plaintiff I) IRMAS lawsuit seeking the Supreme the claim value. upheld by the High Court. The Immaterials:
(Plaintiff II) and Bank cancellation of the Court of the plaintiff subsequently filed a Rp100,000,000,000
(Defendant I) auction. Republic of cassation appeal. Currently, the
Indonesia. Bank is undergoing the cassation
process and will pursue all
appropriate legal measures to
support its position.
2. Case No. 131/ The plaintiff alleged At the Payment of The Bank was declared the Material:
Pdt.G/2021/ that the Bank cassation compensation in prevailing party at the District Rp20,000,000,000
PN.Skt between had committed level at the the amount of Court, which decision was
SBH (Plaintiff I), LA intimidation against Supreme the claim value upheld at the High Court, and Immaterial:
(Plaintiff II) and Bank the plaintiff in Court of the jointly with the the Bank also prevailed at the Rp20,000,000,000
(Defendant I) relation to the Republic of other defendants. cassation and judicial review
vacating of the Indonesia. levels at the Supreme Court.
collateral object to
be executed.
3. Case No. 308/ A lawsuit filed by a At the High Payment of The Bank was declared the Material:
Pdt.G/2021/PN.Jkt. third party regarding Court level. compensation in prevailing party at the District Rp7,823,907,261
Cell between CP the cessie carried the amount of Court, and the plaintiff has filed USD1,893,450
(Plaintiff) and Bank out by the Bank. the claim value an appeal. Currently, the Bank is
(Defendant VI) jointly with the undergoing the appeal process Immaterial:
other defendants and will pursue all appropriate Rp5,000,000,000
legal measures to support its
position.
4. Case No. 783/ A lawsuit regarding At the Pay The Bank was declared the Material:
Pdt.G/2021/PN.Jkt. the cancellation cassation compensation in prevailing party at the District Rp406,888,957,188.5
Brt between DS of the credit level at the the amount of Court but lost at the High Court USD22,877,290.91
(Plaintiff) and Bank agreement and Supreme the claim value. level. The Bank subsequently
(Defendant II) the auction of the Court of the filed a cassation appeal and was Immaterial:
collateral object. Republic of declared the prevailing party at Rp200,000,000,000
Indonesia. the cassation stage.
5. Case No. 755/ An Unlawful Act At the District There is no risk/ The Bank was declared the Material:
Pdt.G/2022/PN.Jkt. claim filed by the Court level. impact faced by prevailing party at the District Rp28,760,000,000
Sel between MK Plaintiffs, who are the Bank because Courtand has filed an appeal
(Plaintiff I) HPT the heirs of the the material and with the High Court. The Bank is Immaterial:
(Plaintiff II) IT former owner of immaterial claims currently awaiting High Court’s Rp50,000,000,000
(Plaintiff III) HH the object that had are not directed decision.
(Plaintiff IV) and previously been against the Bank.
Bank (Defendant pledged as collateral
VIII) by the former
debtor, even though
the loan had already
been fully settled.
6. Case No. 206/ The Plaintiffs filed At the judicial Pay The Bank was declared the Material:
Pdt.G/2020/PN.Dpk a claim asserting review level at compensation in losing party at the District Rp22,764,520,000
between MAK that the transfer of the Supreme the amount of Court, however, at the appeal
(Plaintiff) and Bank ownership of the Court of the the claim value stage before the High Court, Immaterial: -
(Defendant V) collateral object Republic of jointly with the as well as at the cassation and
from the Plaintiffs Indonesia. other defendants. judicial review stages before the
to Defendant I is Supreme Court, the Bank was
null and void by declared the prevailing party.
operation of law,
and therefore the
collateral object
currently pledged
to the Bank is also
null and void by
operation of law.
7. Case No. 541/ Unlawful Act. At the District Pay The Bank was declared the Material:
Pdt.G/2024/PN.Jkt. Court level. compensation in prevailing party at the District Rp34,735,335,377.29
Sel between GGBP the amount of Court, and the Bank is currently
(Plaintiff) and Bank the claim value. monitoring whether the Plaintiff Immaterial:
(Defendant) will pursue any further legal Rp90,852,000,000
remedies.
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No Cases Case Subject Case Status Risk faced by the Efforts of the Bank’s Management Case Value
Bank
8. Case No. 103/ An unlawful act At the District Pay The bank received a copy of the Rp25,713,212,500
Pdt.G/2025/PN Dpk. claim filed by the Court level. compensation in decision from the District Court
Dpk between AK Plaintiff on the the amount of regarding the withdrawal of the
(Plaintiff) and Bank grounds that the the claim value lawsuit.
(Defendant IV) transfer of rights to jointly with the
three Certificates other defendants.
to the Defendant
was carried out
unlawfully without
the Plaintiff’s
knowledge or
consent.
9. Case No. 332/ The Plaintiff At the District Pay Currently, the Bank is in the trial Material:
Pdt.G/2025/PN.Jkt. requested that the Court level. compensation in process at the District Court Rp20,000,000,000
Tim between DJ auction conducted the amount of and the Bank will pursue all
(Plaintiff) and Bank by the Bank be the claim value. appropriate legal measures to Immaterial:
(Defendant) declared null and support its position. Rp1,000,000,000
void by operation
of law.
10. Case No. 409/ Unlawful Act. At the District Pay Currently, the Bank is in the trial Material:
Pdt.G/2025/PN.Jkt. Court level. compensation in process at the District Court Rp34,735,335,377.29
Pst between GGBP the amount of and the Bank will pursue all
(Plaintiff) and Bank the claim value. appropriate legal measures to Immaterial:
(Defendant) support its position. Rp96,052,000,000
LEGAL ISSUES FACING INCUMBENT MEMBERS OF THE BOARD OF COMMISSIONERS, THE SHARIA
SUPERVISORY BOARD AND BOARD OF DIRECTORS OF THE BANK
In 2025, none of the members of the Board of Commissioners (BOC), Sharia Supervisory Board (SSB), and Board of
Directors (BOD) of the Bank currently in office were implicated in or involved in any civil and/or criminal cases and/or
disputes.
IMPORTANT CASES ENCOUNTERED BY SUBSIDIARIES
In 2025, the legal issues encountered by the Subsidiaries, consisting of civil, criminal, and tax cases, are presented in
the table below:
Total
Subsidiaries Legal Cases Civil Criminal Tax
2025 2024 2025 2024 2025 2024
CIMB Niaga Auto Number of Cases Faced 42 19 - 2 - -
Finance (CNAF)
Settled Cases (Final and Legally Binding) 17 9 - 1 - -
Cases in Settlement Process (as of December) 25 10 - 1 - -
CIMB Niaga Number of Cases Faced - - - - - -
Sekuritas (CNS)
Settled Cases (Final and Legally Binding) - - - - - -
Cases in Settlement Process (as of December) - - - - - -
IMPORTANT CASES ENCOUNTERED BY INCUMBENT MEMBERS OF THE BOARD OF
COMMISSIONERS AND BOARD OF DIRECTORS OF SUBSIDIARIES
Throughout 2025, none of the members of the BOC and the BOD of the Subsidiaries currently in office was implicated
or involved in any civil and/or criminal cases and/or disputes.
IMPACT OF LEGAL ISSUES ON BANK AND ITS SUBSIDIARIES
All legal issues faced in 2025 did not materially affect the status, position, or continuity of the business operations of the
Bank and its Subsidiaries.
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Sanctions
ADMINISTRATIVE SANCTIONS IMPOSED BY SANCTIONS FOR LEGAL VIOLATIONS RELATED
RELEVANT AUTHORITIES TO LABOR/EMPLOYMENT/ CONSUMER/
In 2025, there were no material administrative sanctions BANKRUPTCY/ COMMERCIAL/ COMPETITION,
that had a significant impact on CIMB Niaga’s business OR ENVIRONMENTAL ISSUES
continuity. Neither were there administrative sanctions As of the end of 2025, CIMB Niaga did not record any
imposed by the Financial Services Authority (OJK) or legal violations related to labor/employment/consumer/
other authorities on the Bank, members of the BOC, the bankruptcy/ commercial matters/ competition or
SSB, the BOD, or members of the BOC and BOD of the environmental issues.
Bank’s subsidiaries.
SANCTIONS RELATED TO LISTING
SANCTIONS FOR NON-COMPLIANCE WITH REGULATIONS
LAWS OR REGULATIONS RELATED TO Throughout 2025, there were no material administrative
SIGNIFICANT OR MATERIAL RELATED-PARTY sanctions related to listing regulations. CIMB Niaga
TRANSACTIONS consistently strives to comply with applicable listing
Throughout 2025, there were no cases of non-compliance rules, regulations, provisions, and/or requirements
with laws, rules, or regulations related to significant or issued by regulators and Self-Regulatory Organizations
material transaction with related-party. (SROs), including disclosure obligations and other related
provisions.
SANCTIONS BY REGULATORS RELATED TO
SIGNIFICANT EVENTS SANCTIONS RELATED TO TAX REGULATIONS
During 2025, CIMB Niaga did not receive any sanctions Over the past three years, the Bank has received several
from regulators arising from a failure to make timely unfavourable decisions from the highest tax court in relation
disclosures of material events within the prescribed to tax matters. These decisions did not arise from the Bank’s
timeframe. non-compliance with tax regulations, but rather from
differences in interpretation by the panel of judges regarding
certain tax issues commonly encountered within the banking
industry. These differences in interpretation may result in
varying decisions for disputes with similar characteristics.
CIMB Niaga continues to pursue available legal remedies
in accordance with prevailing laws and regulations, while
ensuring that all processes are conducted in an accountable
manner and remain aligned with the principles of Good
Corporate Governance.
Tax Governance Framework,
Management and Control
In the fast‑evolving financial services and banking industry, effective tax management and control are fundamental
pillars for ensuring long‑term sustainability and maintaining stakeholders’ trust. As a corporate entity, CIMB Niaga
carries the responsibility to comply with increasingly complex tax regulations. Through a structured and disciplined
approach, the Bank is able to strengthen operational reliability while ensuring full compliance with prevailing tax laws
and regulations.
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CIMB Niaga has established a comprehensive governance framework in managing tax-related matters, covering the
implementation of tax policies and procedures, including guidelines for tax reporting, fulfilment of tax obligations, as
well as tax risk mitigation. This framework is further supported by an integrated Information Technology system that
enables the Bank to manage financial data more efficiently. This system enables the Bank to maintain accurate tax
recording and reporting, while supporting consistency in compliance with prevailing tax laws and regulations.
Anti-Bribery and Corruption Policy
PROGRAMS AND PROCEDURES 1. The Bank’s principles in supporting anti-bribery and
The Bank’s anti-bribery and corruption programs and corruption practices;
procedures refer to Anti-Bribery and Corruption Policy 2. Anti-bribery and corruption commitments (Integrity
No. M.11 and the Anti-Bribery Management System Pact) periodically undertaken by all management and
(ABMS) Policy No. M.14. These policies set out the employees (both permanent and non-permanent);
principles and commitments of CIMB Niaga in supporting 3. Parties in charge;
anti-bribery and corruption practices that also fall under 4. Programs and procedures to prevent bribery and
fraudulent acts. corruption practices, including, among others:
a. Implementation of awareness programs;
The implementation of these policies aims to enhance b. Periodic signing and attestation of the Integrity
awareness among all employees, the Board of Pact by all management and employees of CIMB
Commissioners (BOC), the Sharia Supervisory Board Niaga, as well as Business Partners intending to
(SSB), Independent Parties serving as members of the cooperate with the Bank;
Board Committees, and the Board of Directors (BOD) c. Implementation of due diligence processes, such
regarding the risks of bribery and corruption within the as Know Your Customer (KYC) and Know Your
Bank’s business processes. Furthermore, the application Employee (KYE);
of these policies is intended to prevent and avoid bribery d. Distribution of anti-gratification advisory letters
and corruption practices, as well as to mitigate risks and publications to all of the Bank’s Business
related to kickbacks, fraud, bribery, and/or gratuities. Partners at least twice a year;
e. Prohibition of the giving and/or receiving of
The consistent enforcement of these policies strengthens gratuities, facilitation payments, kickbacks, and
CIMB Niaga’s efforts to foster business practices that are political contributions;
free from bribery and corruption. This firm approach also f. Provisions requiring that donations be channeled
safeguards the Bank and its employees from various adverse through Corporate Social Responsibility (CSR)
impacts, including legal risks, financial losses, reputational programs or Benevolent Funds, accompanied by
damage, and potential erosion of customer trust. due diligence on recipients;
g. Provisions governing entertainment and
Consistency in implementing these policies further sponsorship expenses; and
enhances CIMB Niaga’s reputation among shareholders, h. Conflicts of interest;
stakeholders, and the wider community, while 5. Violations and sanctions;
ensuring sustained confidence in the Bank’s integrity 6. Documentation and reporting;
and professionalism. As a tangible demonstration of 7. Risk assessment; and
this commitment, the Bank has obtained SNI ISO 8. Training and communication.
37001 – Anti-Bribery Management System (ABMS)
certification for the Strategic Procurement and Admin Information on the contents of the Anti-Bribery and
Property Management (SPAPM) Sub-Directorate Corruption Policy and the Anti-Bribery Management
since January 2024. System (ABMS) Policy is available on the Bank’s website.
CIMB Niaga has other complementary policies, including
The programs and procedures under CIMB Niaga’s Anti- the Code of Ethics and Code of Conduct, the Anti-Fraud
Bribery and Corruption Policy regulate, among others, Policy, and the Whistleblowing Policy.
the following aspects:
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DECLARATION OF THE INTEGRITY PACT AND ANTI-BRIBERY AND CORRUPTION TRAINING/
CODE OF ETHICS SOCIALIZATION
CIMB Niaga affirms its anti-bribery and anti-corruption CIMB Niaga encourages the active involvement of all
commitment through written declarations communicated employees, business partners, and stakeholders in
openly to both internal and external parties, including via preventing bribery and corruption. These efforts are
email and the Bank’s website. These declarations form reinforced through the implementation of various anti-
an integral part of the Integrity Pact, the Code of Ethics, bribery and corruption awareness programs, including
and the Anti-Bribery and Corruption Commitment, which email blasts on anti-bribery and corruption, socialization of
are established to ensure that all CIMB Niaga personnel prohibitions on the giving or receiving of gratuities, and anti-
uphold integrity in every business activity. fraud awareness programs for all employees. In addition,
the Bank periodically delivers anti-gratification advisories to
The key points of the Integrity Pact and Code of Ethics its business partners, including customers, at least twice a
declaration include the following: year, through various channels such as letters, emails, the
1. The Bank is committed to complying with all applicable Bank’s website, social media platforms, ATM screens, and
laws and regulations, as well as internal policies, and the OCTO applications.
to conducting its business based on integrity values
and in accordance with the Bank’s Code of Ethics and Since 2020, CIMB Niaga has conducted periodic signing
Code of Conduct. of the Integrity Pact and Code of Ethics by the BOC, the
2. The Bank is committed to conducting its business SSB, and the BOD. In 2025, the signing took place on 2
based on integrity values and applying a zero- June 2025 and was published on the Bank’s website. This
tolerance approach toward fraud and violations of commitment was cascaded throughout all organizational
relevant laws and regulations. levels through mandatory annual attestation of the
3. The Bank prohibits all members of the BOC, the SSB, Integrity Pact and Code of Ethics by all employees,
the BOD, Independent Parties serving as members both permanent and non-permanent, via the human
of the Board Committees, employees, including resources system during the period 5–16 May 2025.
participants in education programs, advisors, and
internship participants, outsourced personnel, CIMB Other initiatives implemented by the Bank in 2025
Group employees, employees of subsidiaries working to prevent bribery and corruption and to enhance
at or assigned to the Bank, vendors, or other parties awareness and understanding include:
working for and on behalf of the Bank, from: 1. Conducting training and awareness programs on
a. Offering, promising, or giving anything of value to SNI ISO 37001 – Anti-Bribery Management System
State Officials and/or Civil Servants in relation to (ABMS) for all members of the BOC, the BOD, senior
their duties; and management, and Independent Parties serving as
b. Requesting or soliciting any form of benefit from members of Board-level Committees.
individuals or organizations related to their 2. Conducting in-depth training on SNI ISO 37001 –
position, duties, and responsibilities at the Bank. ABMS for employees in implementing units, including
SPAPM, GCG, AFM, Human Resources, Internal Audit
RISK ASSESSMENT ON BRIBERY AND CORRUPTION Unit (IA), and Compliance.
CIMB Niaga conducts periodic bribery and corruption risk 3. Conducting training and socialization sessions on
assessments to anticipate potential risks and impacts the Bank’s Anti-Bribery and Corruption Policy for the
arising from bribery and corruption, as well as to evaluate Bank’s vendor partners.
the effectiveness of existing controls in mitigating such 4. Periodically disseminating anti-gratification, anti-bribery,
risks. On a monthly basis, risk assessments are conducted and anti-corruption advisories to all Bank stakeholders.
by the Good Corporate Governance (GCG) unit by 5. Conducting surveillance audits for SNI ISO 37001 –
measuring data on the number of alleged or confirmed ABMS certification for the SPAPM Sub-Directorate.
bribery and corruption cases against the number of
complaints received by the Bank related to suspected CIMB Niaga continues to optimize its Whistleblowing
bribery and corruption during the relevant month. On System as a reporting channel that supports the
an annual basis, risk assessments are carried out by effectiveness of its anti-bribery and corruption policies,
each respective work unit, supported by the Risk Control including the handling of reports related to indications of
Unit/DCORO (RCU/DCORO), through the identification corruption. The Whistleblowing System ensures that each
of risks, mitigating controls, and the level of bribery and report is followed up in an independent, transparent,
corruption risk within each unit. and accountable manner.
Further details on the mechanisms, procedures,
and management of the Whistleblowing System are
presented in the Whistleblowing System section of this
Annual Report.
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Provision of Funds to Related Parties
POLICY its approval on a recommendation from the Audit
CIMB Niaga remains regulatory-compliant on the Committee prior to such transactions, as stipulated
provision of funds to related parties, as stipulated, in the Audit Committee Charter. Such transactions
among other provisions, in the Commercial Credit and shall be reported to the OJK and publicly disclosed
Consumer Credit Policies. The policies mandate that any with attached POJK No. 42/POJK.04/2020 regarding
such funds including those for members of the Board Affiliated Transactions and Conflicts of Interest and POJK
of Commissioners (BOC), Board of Directors (BOD), No. 17/POJK.04/2020 regarding Material Transactions
Executive Officers, and other affiliated parties shall be and Changes in Business Activities as references.
distributed on an arm’s-length basis and in line with
applicable credit policies and procedures. In 2025, CIMB Niaga did not record any violations of, nor
any exceedances beyond, the Legal Lending Limit (LLL) in
PROCEDURE the provision of funds to the Bank’s related parties.
The CIMB Niaga BOC shall approve the provision of
funds to Bank-related parties this is in line with OJK DISCLOSURE
Regulation (POJK) No. 38/POJK.03/2019 regarding In 2025, CIMB Niaga did not conduct any material
Amendments to POJK No. 32/POJK.03/2018 regarding transactions with affiliated parties that could have
the Maximum Limit for Granting Credit and Large raised conflicts of interest. Detailed information on such
Fund Provision for Commercial Banks and the Bank’s cases, e.g., the nature of the relationship, the nature of
internal regulations. For material transactions with the transactions, and the transaction values in 2025,
related parties and transactions that carry potential is disclosed in the Notes to the Consolidated Financial
conflict of interest for the Bank, the BOC shall base Statements, which form part of this Annual Report.
Policy for Disclosure of Information Regarding
Share Ownership of Members of The Boards of
Directors and Board of Commissioners
Pursuant to the provisions outlined therein, the Conflict Management Policy serves as the Bank’s internal regulation/
guideline which also governing the obligations for the disclosure of share ownership by members of the Bank’s Board
of Directors (BOD) and Board of Commissioners (BOC). The policy also stipulates that any member of the BOD and BOC
wishing to transact in Bank’s securities or securities of other companies shall notify their transaction plan to the Bank’s
Control Room no later than 2 (two) working days before the intended transaction and report it to the Bank’s Control
Room no later than 2 (two) working days afterward. Complementing this policy, similar regulations can be found in the
Governance Policy, BOD Charter and BOC Charter.
In detail, information on the share ownership (direct and/or indirect) of members of the Bank’s BOD and BOC for the
year 2025 is disclosed in the Company Profile and Sharia Governance Report sections of this Annual Report.
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Access to Corporate Data and Information
INVESTOR RELATIONS 3. Ensuring transparency in both financial and non-
CIMB Niaga’s Investor Relations unit is dedicated financial company information, as well as in
to consistently enhancing the Bank’s reputation by communicating the Bank’s strategy.
fostering constructive relationships and maintaining 4. Communicating the Bank’s performance to external
open communication with shareholders, investors, and parties, including shareholders, investors, analysts,
analysts. This is achieved through interactive engagement and other capital market participants.
and the regular dissemination of information. Investor 5. Maintaining strong relationships and serving as
Relations holds a strategic role in conveying pertinent a liaison between the Bank and stakeholders by
information and providing access to Bank data to managing communications and correspondence with
support informed investment decisions for shareholders shareholders, analysts, securities firms, and rating
and investors. It also plays a key part in shaping market agencies.
perceptions and expectations regarding the Bank’s 6. Maintaining the confidentiality of Bank or customer
strategy, business outlook, and operational and financial information as appropriate and refraining from
performance. In addition to facilitating the General exploiting such confidential information for personal
Meeting of Shareholders (GMS), these activities serve as gain or the benefit of other parties.
a vital communication channel with shareholders. 7. Coordinating the preparation, publication, and
distribution of the Annual Report to all stakeholders.
The duties and responsibilities of Investor Relations 8. Providing data, information, and other related reports
include: on the Bank’s performance via the Investor Relations
1. Developing communication strategies, particularly website to facilitate easier and broader access.
for shareholders, analysts, rating agencies, and the
broader capital market. INVESTOR RELATIONS ACTIVITIES 2025
2. Preparing performance presentation materials for Throughout 2025, the Investor Relations unit organized
analyst meetings, Public Expose, Investor Day, and a range of activities and interactions, engaging investors,
various other types of meetings with investors as one shareholders, analysts, and capital market participants
of the means of information disclosure by the Bank. as follows:
1. Holding analyst meetings four times a year
Date Topic Description
20 February 2025 CIMB Niaga 4Q24 Performance Video conference call
29 April 2025 CIMB Niaga 1Q25 Performance Video conference call
30 July 2025 CIMB Niaga 2Q25 Performance Video conference call
30 October 2025 CIMB Niaga 3Q25 Performance Video conference call
2. Interaction and discussion with shareholders, investors and analysts through teleconferences and in-house meetings
Type of Meeting Number of Meetings Number of Analysts/Investors
Bilateral Meeting 19 37
3. Periodic review meetings with national and international rating agencies
Date Rating Agency
27 August 2025 Pefindo
20 November 2025 Moody’s Investor Service
4. In accordance with the provisions of III.3.6. Regulation No. I-E, as a form of fulfillment of the annual Public
Expose obligation, on 20 February 2025, the Bank has submitted the annual Public Expose material to the IDX
on the same day as the submission of the Audited Consolidated Financial Statements as of 31 December 2024.
The submission of the annual Public Expose materials ensures that the Bank’s public disclosure obligations continue
to be met in a transparent and timely manner. With the submission of these materials in accordance with the
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applicable requirements, the Bank did not hold INTERNAL COMMUNICATION
annual Public Expose, either virtually or physically, The Bank’s internal communication is conducted through
and consequently was not obligated to submit an various channels, including email blasts (Galeri News &
annual Public Expose report. HR Info), the digital magazine e-Portrait, and displays on
computer monitors or desktop wallpapers. Employees
SOCIAL MEDIA can access information through both work computers
CIMB Niaga leverages social media as a responsive and smartphones.
communication channel to deliver information related to
the Bank’s activities. Through these platforms, customers Throughout 2025, the e-Portrait digital magazines were
gain clear information and receive support when accessed 102,000 (one hundred and two thousand)
encountering issues in their banking transactions. This times, through smartphones or work computers. It was
initiative further strengthens service accessibility while also supported by eportrait.internal Instagram account,
enhancing the quality of interactions with customers. which uploaded 1,363 (one thousand three hundred and
sixty three) posts to more than 8,600 (eight thousand six
To date, CIMB Niaga manages six (6) social media accounts hundred) followers, amplifying internal communications
that serve as channels for disseminating information on through social media. The Bank also broadcasts more
the Bank’s activities, including brand communications, than 2,700 (two thousand seven hundred) items of
product promotions, tips, and other relevant updates. information on its activities, programs, and progresses
Several of these platforms also provide responses to through Galeri News and HR Info, which were made
inquiries from fans/followers, whether or not they are available to employees on every working day.
existing customers of the Bank. The six social media
accounts managed by the Bank are as follows: PRESS RELEASES
1. Facebook : CIMB Niaga (https://www.facebook.com/ One of CIMB Niaga’s key priorities is to cultivate and
CIMBIndonesia) strengthen constructive relationships with the mass
2. Instagram : @cimb_niaga (https://www.instagram. media through various initiatives, including press releases.
com/cimb_niaga) This effort also serves as a form of public information
3. X : @CIMBNiaga (https://x.com/CIMBNiaga) disclosure and a manifestation of the Bank’s commitment
4. Youtube : CIMB Niaga (https://www.youtube.com/@ to Good Corporate Governance. Accordingly, throughout
CIMBNiagaIndonesia) 2025, CIMB Niaga published 78 (seventy-eight) press
5. LinkedIn : CIMB Niaga (https://www.linkedin.com/ releases. The titles and full content of all CIMB Niaga press
company/pt--bank-cimb-niaga-tbk/) releases can be accessed on the Bank’s official website at:
6. Tiktok : CIMB Niaga (https://www.tiktok.com/@cimb.niaga) https://www.cimbniaga.co.id/id/tentang-kami/berita.
No Press Release Theme Number of Press Releases
1 Company 28
2 Products and Services 23
3 Sustainability & Corporate Social Responsibility (CSR) 17
4 Branding and Sponsorship 10
Total 78
Goods and Services Procurement Policy
CIMB Niaga implements a Procurement of Goods and goods and/or services conducted by units within the
Services Policy, reinforced through the corresponding Bank. Furthermore, in managing third-party partners,
Standard Operating Procedure (SOP), both of which CIMB Niaga has an SOP for Goods and Services Providers
were updated in 2025. These documents serve as the which governs control standards and risk mitigation for
primary reference for all procurement processes for all third-party partners.
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BASIC PROCUREMENT OF GOODS AND interest or the perception thereof in transactions with
SERVICES PRINCIPLES the Bank. The Bank routinely, at least twice a year
1. Obtaining reliable and excellent Vendors of providing (ahead of Eid al-Fitr and Christmas/New Year), issues
goods and/or services to meet the Bank’s effectively an Anti-Gratification letter and/or announcement to
and efficiently. vendors, outsourcing companies, Corporate Social
2. Creating a fair, sound, and controlled competitive Responsibility (CSR) partners, etc.
environment by increasing transparency in the
selection of goods and/or services providers. 4. Conflict of Interest
3. Selecting Vendors based on the GCG and Sustainability Vendors must disclose any information that may
principles. create a potential conflict of interest, such as
4. To comply with the applicable tax provisions for every relationships (including family members, spouses, or
procurement of goods and/or services conducted by close friends) with a Bank employee.
the Bank with vendor which providing goods and/or
services. 5. Labor and Human Rights
a. Vendors must comply with all applicable labor-
VENDOR CODE OF CONDUCT related laws and regulations, including provisions
The Bank enforces the CIMB Niaga Vendor Code of related to the Minimum Wage.
Conducts for vendors providing goods and/or services to b. Vendors must ensure equal opportunity and
CIMB Niaga (Vendors). Vendors are required to comply treatment for all their employees.
with specific provisions such as general terms and c. Vendors must not discriminate in any form and
conditions on Purchase Orders, Work Agreements, and must respect the dignity and personal rights of
others, as stipulated in the cooperation agreement with each individual.
CIMB Niaga. d. Vendors must not employ or force anyone to work
against their will, involve child labor, use forced
The Vendor Code of Conduct covers three main areas: labor, or engage in human trafficking.
Environmental, Economic, and Social (EES), which CIMB
Niaga encourages Vendors to voluntarily disclose. 6. Confidentiality and Protection of Confidential
Vendors must sign and adhere to the applicable Data
Vendor Code of Conduct during the goods and services a. Vendors must maintain the confidentiality of all
procurement process, with context and definitions data or information shared by the Bank at all
articulated in CIMB Niaga’s policies related to: times (during and after the partnership). Vendors
may not share such data and information with
1. Legal Compliance third parties without the Bank’s official written
Vendors must comply with laws and regulations consent.
within the relevant jurisdiction. Vendors are strictly b. In situations where the Bank’s confidential data
prohibited from being involved in transactions related or information must be shared with a vendor or
to financing that is partially or wholly used for arms other external party, signing a Non-Disclosure
and ammunition, and/or casinos and/or gambling. Agreement (NDA) prior to information disclosure
is mandatory to protect the information and
2. Anti-Corruption, Bribery, or Illegal Payments interests of the Bank and its customers.
Vendors are not permitted to engage in any form of c. Vendors must comply with all applicable laws,
corruption, bribery, or kickbacks, including offering, rules, and regulations regarding confidentiality,
giving, or soliciting payment or any other benefit with bank secrecy, and personal/private Bank data.
the intent to influence decision-making.
7. Employee Health and Safety
3. Gifts and Entertainment a. Vendors must take reasonable steps to ensure
The Bank implements a “No Gift” policy to demonstrate they have implemented hazard controls and
its commitment to upholding high ethics. Therefore, provided a safe working environment for their
Vendors are not allowed to offer, send, or exchange employees.
gifts and entertainment with Bank employees, as b. Vendors must prepare preventive measures
the Bank is committed to working with the highest against accidents and illnesses in the workplace.
standards of integrity. This is to prevent conflicts of
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8. Environmental Protection and meeting the need for real-time access to information
a. Vendors must comply with all applicable and equal information for all partners involved in the
environmental laws and regulations. procurement process.
b. Vendors must minimize environmental
pollution and continuously strive to protect the The Bank also uses an electronic payment application
environment. called SMART (Spending Management & Automated
c. Vendors are strictly prohibited from being Reporting Tool) for the automation of routine Bank
involved in illegal logging or the uncontrolled use bill payments and vendor invoices outside the NDP
of fire for forest clearing, destruction of natural application, ensuring all Bank bill payments are no longer
carbon stocks, habitats, and ecosystems. processed manually.
d. Vendors are strictly prohibited from conducting
transactions related to the development of VENDOR DUE DILIGENCE IN 2025
natural resources within UNESCO World Heritage The procurement process for goods and services at
Sites, unless there is prior agreement with CIMB Niaga includes a comprehensive evaluation of
relevant government authorities and UNESCO prospective vendors as part of applying the “Know Your
that the transaction will not adversely affect the Partners” principle. Assessment does not stop at the
Outstanding Universal Value of the site. initial selection stage but continues periodically to ensure
the quality, compliance, and integrity of vendors are
9. Healthy Competition maintained. In practice, CIMB Niaga categorizes vendors
Vendors are not permitted to discuss pricing, into two groups: Material Vendors and Non-Material
distribution methods, customers, product Vendors.
development, and plans or activities with competitors
and must comply with all applicable competition or A vendor is classified as material if a service failure by
antitrust laws and regulations. that vendor would have a significant impact on the
Bank’s operational activities and the vendor is involved in
Vendors who violate or fail to comply with the Vendor providing, processing, collecting, and/or storing customer
Code of Conduct are subject to strict sanctions, including information and Bank data classified as “Confidential.”
contract termination and inclusion on the Bank’s Blacklist
Goods or Services Provider. The Bank has established a Periodic evaluation of material vendors is conducted
Whistleblowing System to handle complaints so they more comprehensively, including general due diligence,
can be investigated and addressed objectively. Vendors financial due diligence, protection of customer and
can report problems related to illegal, unethical, or internal bank data, partnership risk assessment,
questionable practices (especially concerning matters resiliency risk assessment, and assessment of the
stipulated in the Code of Conduct) confidentially and cooperation agreement with the vendor.
without risk. Detailed information regarding the content of
the Vendor Code of Conduct is available and can be viewed Periodic evaluation of Non-Material Vendors includes
on the Bank’s website at https://investor.cimbniaga.co.id/ parts of general and financial due diligence, such as:
misc/governance-policy/Kode-Etik-Rekanan.pdf. 1. Ensuring the vendor is not involved in or conducting
activities included in the list of prohibited business
ELECTRONIC PROCUREMENT OF GOODS AND/ activities, such as arms and ammunition, casinos,
OR SERVICES (NEW DIGITAL PROCUREMENT - entertainment games, illegal logging/deforestation
NDP) or uncontrolled burning, or activities negatively
CIMB Niaga organizes a web/internet-based electronic impacting cultural heritage sites; and does not have
procurement process for goods and/or services that can a negative reputation in social and environmental
be accessed online for Partners providing goods and/ issues through the completion of a Sustainability Due
or services, for the partner registration process, tender/ Diligence (SDD) questionnaire.
bidding, the process of billing goods and/or services by 2. Ensuring the vendor is not on the National Blacklist
Partners including payment of bills through the NDP and has a good credit check.
(New Digital Procurement) application. The objectives
of electronic procurement of goods and/or services CIMB Niaga also conducts performance assessments
include increasing transparency and accountability; of vendors for each completed project. The results
increasing the efficiency level of the procurement of periodic evaluations and vendor performance
process; supporting the monitoring and audit process; assessments have been well documented.
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Code of Ethics and Code of Conduct
The CIMB Niaga Code of Ethics & Code of Conduct offer 2. to regulate the attitudes, actions, and responsibilities
guidance and lay the foundation for all employees to of employees and individuals working for and on
behave and act for and on behalf of the Bank (including behalf of the Bank to ensure professional and ethical
members of the Board of Commissioners (BOC), Board conduct.
of Directors (BOD), participants of educational and 3. To provide fundamental guidance for attitudes and
internship programs, outsourced personnel, CIMB actions in carrying out duties and making decisions.
Group employees, and subsidiary employees working 4. To provide understanding of appropriate conduct for
or assigned at the Bank) so they can work professionally employees and individuals working for and on behalf
and ethically based on core principles that refer to the of the Bank in their relationships with the Bank,
Vision, Mission, and Values of CIMB Niaga, and applicable colleagues, customers, regulators, business partners,
internal and external regulations. The CIMB Niaga Code and the general public.
of Ethics & Code of Conduct applies to all organizational 5. To ensure similarity and consistency in the attitudes
levels, including the BOC, BOC, and all employees. and actions of employees and individuals who work
for and on behalf of the Bank in daily operational
PURPOSE OF THE CIMB NIAGA CODE OF activities.
ETHICS AND CODE OF CONDUCT
The implementation of the Code of Ethics and Code of PRINCIPLES/CONTENTS OF THE CIMB NIAGA
Conduct of CIMB Niaga aims to: CODE OF ETHICS AND CODE OF CONDUCT
1. To serve as a reference in the formulation of policies, The Code of Ethics and Code of Conduct of CIMB Niaga set
procedures, and management practices within the six core ethical principles that all CIMB Niaga workforce
Bank. shall live up to as they interact and work as professionals.
These principles include:
Mutual Respect
The Bank treats all employees fairly and
with dignity and respect. In return, all
Integrity
employees are expected to act honestly, Employees must consistently uphold
uphold integrity, and demonstrate mutual integrity by acting honestly, showing
respect in order to maintain harmonious mutual respect, and maintaining
and professional relationships. professionalism at all times.
Justice
Employees are required to act responsibly
and uphold a culture of fairness and
Confidentiality
transparency in all interactions with
stakeholders. Employees must conduct CODE OF ETHICS Employees are required to safeguard
the confidentiality of information
themselves fairly and in accordance with
business ethics and applicable laws and & CODE OF entrusted to them, including customer
data, and to use such information solely
regulations, both internal Bank policies
and regulatory requirements. Employees
CONDUCT for purposes authorized by the Bank.
Disclosure of information may only be
are strictly prohibited from engaging in carried out in accordance with the Bank’s
any actions that violate prevailing laws internal policies and applicable laws and
and regulations. regulations.
Conflict of Interest Competence
Employees must avoid situations and Employees are required to apply and
conditions that may give rise to conflicts continuously develop the knowledge
of interest. Anything that may affect the and skills necessary to maintain a high
objectivity of an employee’s judgment standard of professionalism, including
or performance must be disclosed and consistently enhancing and updating
reported to the Bank. their competencies and qualifications as
required.
Furthermore, the CIMB Niaga Code of Ethics & Code of Conduct establishes behavioral standards that serve as a
reference for employees and all individuals working for and on behalf of the Bank in their interactions with stakeholders.
The Code of Ethics & Code of Conduct of CIMB Niaga provides clear guidance on attitudes and actions aligned with
the Bank’s values and governance principles. The key contents of the CIMB Niaga Code of Ethics & Code of Conduct
encompass:
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1. Provisions on Investment Activities, External Business, 15. Provisions on Sustainability Culture;
and Conflicts of Interest 16. Provisions on Corporate Social Responsibility (CSR)
- Trading using Non-Public Information (insider Culture.
trading)
- Personal Investments DECLARATION: THE CIMB NIAGA CODE OF
- Behavior in managing personal finances ETHICS & CODE OF CONDUCT APPLIES TO ALL
- External employment/external business interests LEVELS OF THE ORGANIZATIONAL
- Financial benefits external to the Company The implementation of the CIMB Niaga Code of Ethics
- Managing conflicts of interest; & Code of Conduct applies to all employees and every
2. Provisions on Gratification, Anti-Bribery, and Anti- individual working for and on behalf of the Bank, including
Corruption the BOD and the BOC. It is mandatory for every member
- Provisions and Escalation Mechanism for of CIMB Niaga to study, understand, and reaffirm their
Gratification commitment by signing a commitment statement form
- Anti-Bribery and Corruption; annually.
3. Provisions on Personal and Corporate Reputation;
- Use of social media The implementation of the Code of Ethics & Code of
- Safeguarding the Company’s reputation Conduct is the responsibility of all levels of the organization.
- Maintaining personal reputation Everyone shall live up to the codes in their daily work as
- Public speaking representing the Company a manifestation of the Bank’s commitment to upholding
- Speaking at external training/serving as a resource governance principles and ensuring the achievement of its
person/author; established vision and mission.
4. Misuse of Company Facilities, Assets, and Authority
- Act of fraud SIGNING OF INTEGRITY PACT
- Misuse of employee facilities The Bank has signed the Integrity Pact Declaration, Code
- Use of Company assets of Ethics & Anti-Bribery and Corruption Commitment
- Acting responsibly and within authority by the BOC and BOD, which has been published on
- Compliance with Company policies and the official CIMB Niaga website since 2020. This step
procedures; reinforces the Bank’s commitment to upholding integrity
5. Provisions on Data and Information and transparency. The signing of the Integrity Pact is
- Accuracy of Data and Reports further cascaded throughout the organization via the
- Information Ownership annual attestation requirement for the Integrity Pact
- Confidentiality of Information Declaration, Code of Ethics & Anti-Bribery and Corruption
- Whistleblowing; Commitment for all employees, both permanent and
6. Discipline, Workplace Comfort, Safety, and Security non-permanent, through the personnel system.
- Employee discipline
- Leave Through these efforts, the Bank ensures that every one
- Workplace Safety and Comfort of its workforce renews their commitment to integrity
- Unlawful acts and compliance consistently year after year. In 2025, the
- Skills and competencies signing was conducted on 2 June 2025, and attestation by
- Responsibilities upon termination of employment; all employees was carried out from 5-16 May 2025.
7. Culture of Mutual Respect, Appreciation, Support,
and Adequate Supervision; SOCIALIZATION AND MONITORING OF THE
8. Prohibition of Special Treatment; IMPLEMENTATION OF THE CIMB NIAGA CODE
9. Provisions on Business Transactions Related to OF ETHICS & CODE OF CONDUCT
Customer Accounts and Funds; The Bank conducts socialization of the CIMB Niaga Code
10. Provisions on Personal Transactions with Customers; of Ethics & Code of Conduct to foster awareness and
11. Provisions on Handling Customer Complaints; understanding among all employees and individuals
12. Compliance and Reporting to Regulators; working for and on behalf of the Bank, to apply behavior
13. Anti-Competition Policy; aligned with the Bank’s core values in their daily work. The
14. Fair and Objective Evaluation in Procurement of Bank also conducts socialization and monitoring of the
Goods and Services; implementation of the Code of Ethics & Code of Conduct
through various approaches, including seminars/
workshops, training, and the dissemination of articles
from the Code of Ethics & Code of Conduct through the
Bank’s internal media channels to all employees and
individuals working for and on behalf of the Bank.
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The Bank has also created guidelines and online learning DISCIPLINARY POLICY AND IMPOSITION
materials related to the Code of Ethics & Code of Conduct SANCTION FOR VIOLATION
accessible via the Learning on the Go (LoG) application. The Bank implements the Disciplinary Enforcement
This effort ensures that materials for understanding the and Sanction Determination Policy for Violations (Policy
Code of Ethics & Code of Conduct can be accessed by No. A.07.08) governing the imposition of sanctions for
employees anywhere and anytime. The Bank has also employee violations. This policy regulates the roles and
uploaded the Code of Ethics & Code of Conduct document responsibilities of direct supervisors and unit leaders, the
on the Bank’s internal policy website (e-Manual) for easy duties and responsibilities of related units in handling
download by all employees. a violation, and the duties and responsibilities of the
Disciplinary Committee (DC) in determining corrective
The Bank will impose strict sanctions on employees or actions for employees who commit violations.
individuals working for and on behalf of the Bank who
violate the Code of Ethics & Code of Conduct, with the aim The determination of sanctions for violations is adjusted
of serving as a deterrent. Imposing sanctions also serves according to the severity of the violation committed.
as a learning tool for other employees and individuals Sanctions range from verbal warnings, written
working for and on behalf of the Bank to always comply reprimands, to termination of employment. Sanction
with the Code of Ethics & Code of Conduct. determination at each violation level is decided by the
Disciplinary Committee in accordance with prevailing
The Bank provides communication channels to regulations. The types of sanctions imposed for violations
facilitate the identification of violations, managed by of the Code of Ethics & Code of Conduct in 2025 included
an independent third party, which can be used by Coaching, Verbal Warnings, First Written Warning (SP 1),
employees and individuals working for and on behalf Second Written Warning (SP 2), Third Written Warning (SP
of the Bank as a means to report violations of the Code 3), and Termination of Employment (TOE).
of Ethics & Code of Conduct, namely the CIMB Niaga
Whistleblowing System, which is explained in more detail DATA ON EMPLOYMENT VIOLATIONS IN 2025
in the Whistleblowing System chapter. AND THE FOLLOW UPS
Throughout 2025, a total of 278 (two hundred seventy-
eight) employees were sanctioned, with details as follows:
Categories and Number of Violations and Quality Trends in the Implementation of the Code of Ethics
and Code of Conduct in 3 (three) years.
45 69 59 158 178 200 7 12 11 3 12 8
2023
2024
2025
Fraud Non Compliance Negligence Indisciplinary
Number and Type of Sanctions in 2023 - 2025
60 73 72 28 42 26 2 5 2 44 44 38 75 91 123 4 17 17
2023
2024
2025
Employee Third Warning Second Warning First Warning Reprimand Coaching
Termination Letter Letter Letter Letter
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Corporate Values and Culture
Detailed information on the EPICC Values and Work In this context, the active role of employees is a critical
Culture at CIMB Niaga is presented in the Company and inseparable factor in the success of the Bank’s
Profile chapter of this Annual Report. business activities. This contribution is manifested
through daily work practices grounded in the Work From
ALIGNMENT OF THE FORWARD30 BUSINESS Heart spirit as a tangible expression of the EPICC Work
STRATEGY AND EPICC WORK CULTURE Culture, particularly in internalizing the value of Customer
The Company’s core values, embodied in the EPICC Centricity. Effective alignment between Forward30,
Work Culture, serve as the main foundation and the Company’s Purpose, and the EPICC Work Culture is
guiding principles for all employees in supporting the expected to build sustainable competitive advantage for
implementation of CIMB Niaga’s long-term business CIMB Niaga amid the dynamic and highly competitive
strategy toward 2030, known as Forward30. As the Bank’s Indonesian banking industry.
long-term strategic framework, Forward30 is anchored
in the Purpose: Advancing Customers & Society, which In line with this commitment, the Bank consistently
guides business initiatives in driving sustainable implements various strategic programs and initiatives to
financial performance. Through this purpose, the Bank ensure alignment between the execution of Forward30,
is committed to helping Customers and the Indonesian the Company’s Purpose, and the EPICC Work Culture,
society realize their dreams and aspirations. including the following:
Forward30 Cascading Down
The core elements of Forward30 and its key strategies are introduced to all internal stakeholders through a structured cascading-down process across all levels of the organization, from Head
Office to the Branch Network. This process positions the EPICC Work Culture as the primary foundation and the Work From Heart spirit as the driving force in translating strategy into daily work
behaviors.
Effective collaboration among leaders, who act as facilitators during the cascading-down sessions, reflects strong integration between the Bank’s business strategy and the EPICC Work Culture,
directly influencing the quality of Forward30 implementation. A comprehensive understanding of Forward30 enables employees to experience a clear connection between their personal purpose
and the Company’s purpose. As a result, Forward30 is not merely understood as a set of business targets, but is consistently brought to life through employees’ mindset, ways of working, and
collaboration practices.
This alignment between strategy, culture, and execution is expected to drive sustainable Bank performance and create long-term value for customers and society.
Forward30 & EPICC Communication
Forward30 communication is implemented through a customized approach derived from the EPICC Work Culture communication strategy, utilizing various campaigns and interactive programs
designed to strengthen employee awareness and understanding of Forward30 and the Purpose: Advancing Customers & Society. Through the integration of Forward30 into EPICC communications,
the Bank’s strategic direction is not conveyed merely as a one-way corporate message, but is translated into relevant and tangible daily work behaviors.
These communication initiatives leverage multiple online and offline channels, including educational content through the EPICC Podcast dedicated to Forward30 featuring Bank leaders, EPICC
Bite-Sized Campaigns, Forward30 Quizzes, Forward30 BMC Videos, BMC Town Halls, and visual Key Visual (KV) Designs that support interactive campaigns.
Throughout 2025, the Forward30 & EPICC Communication programs engaged and interacted with nearly 11,000 (eleven thousand) employees across all organizational levels, both at Head Office
and throughout the Branch Network. This achievement reflects growing employee enthusiasm in understanding Forward30 through more creative, interactive, and collaborative communication
approaches aligned with the EPICC Work Culture.
EPICC Ruang Bersama
EPICC Ruang Bersama provides a platform that promotes open, transparent, and inclusive communication between leaders and employees. This initiative includes Ajang Sinergi & Kolaborasi (ASIK),
which enables employees to interact directly with leaders through sharing sessions, as well as NGOPI (Ngobrol Penuh Inspirasi)—cross-level communication sessions that facilitate in-depth dialogue
between employees and management. Through EPICC Ruang Bersama, Forward30 is among the key topics discussed, allowing leaders to gather insights from employees on how they can actively
contribute to the successful execution of the business strategy and create positive impact for society.
Key Focal Point & Duta EPICC
The implementation of EPICC values across all work units is reinforced through the appointment of 26 (twenty six) Key Focal Points (Champion Leaders) and 663 (six hundred sixty three) EPICC
Ambassadors (Change Agents). These representatives are selected from leaders and employees who consistently demonstrate behaviors aligned with the EPICC Work Culture and use it as
reference in achieving daily work excellence. Key Focal Points and EPICC Ambassadors play a vital role in ensuring that all EPICC internalization programs and initiatives are effectively implemented
within their respective work units, as well as in ensuring that the Forward30 Cascading Down process is carried out in a timely and structured manner across all organizational levels, both at Head
Office and within the Branch Network.
The Bank also provides the EPICC Connect platform as an interactive discussion forum for EPICC Ambassadors to assess the progress of culture internalization at the unit level, including sharing
experiences and success stories. As a form of appreciation for their dedication and contribution, the Bank offers the EPICC Star pathway within the prestigious OPeRA (Outstanding Performance
& Recognition Awards) to recognize Ambassadors who consistently demonstrate exemplary implementation of the EPICC Work Culture.
EPICC Hardwiring
To ensure the effective and consistent implementation of the EPICC Work Culture, the Bank has established various policies and procedures governing the execution of related programs and
initiatives. One such initiative is the EPICC Assessment, which is integrated into several strategic processes, including candidate evaluation during the early recruitment stage, Mid-Year and Year-End
performance evaluations, and the 180-degree EPICC Feedback internal assessment process.
In addition, the Bank is committed to fostering a culture of openness in giving and receiving feedback and recognition through the optimization of internal platforms. These features enable
employees to mutually provide feedback and recognition, thereby encouraging a healthier, more productive, and open work environment, while strengthening employees’ sense of appreciation.
Employees with the highest recognition levels are periodically acknowledged as EPICC Heroes and given the opportunity to participate in the EPICC Star selection process.
Furthermore, the Bank views the unique diversity of its employees as a competitive advantage that brings diverse perspectives to business development. In line with this, the Bank has established
policies governing the implementation of diversity and inclusion principles, ensuring that all human resource processes are conducted objectively and inclusively, embracing various forms of
diversity across the organization.
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Implementation of the Sustainability
Concept in Business Processes
INTEGRATION OF SUSTAINABILITY INTO In anticipating risks across environmental, economic,
BUSINESS PROCESSES social, and governance (EESG) aspects, CIMB Niaga
CIMB Niaga continues to strengthen the integration develops adaptive and innovative risk management
of sustainability aspects,including sustainability and and internal control systems. This process also includes
climate change,related risks and opportunities into the the gradual mitigation of climate change-related risks,
Bank’s business processes. These efforts encompass market volatility, and shifts in customer preferences,
the alignment of strategic vision, policy setting, and thereby strengthening the Bank’s operational resilience.
implementation at the operational level. This approach
results in sustainability-oriented business strategies Through strong governance, CIMB Niaga not only
that take into account the dynamics of the operating pursues short-term performance, but also upholds its
environment, growth opportunities, and challenges commitment to creating sustainable long-term value for
arising from economic and social changes. all stakeholders. This approach ensures that the Bank’s
current and future operational activities remain relevant
and responsive to change, and capable of delivering
positive contributions to society and the environment.
Sustainability Report Preparation Framework
CIMB Niaga publishes its annual Sustainability Report as a Through this report, CIMB Niaga affirms its accountability
communication media towards Bank’s performance and to stakeholders and outlines business activities that
commitments across environmental, economic, social, support the Sustainable Development Goals (SDGs), the
and governance (EESG) aspects. The preparation of the global 1.5°C commitment, Indonesia’s Second Nationally
report refers to POJK No. 51/POJK.03/2017 regarding the Determined Contribution (SNDC), and a just transition
Implementation of Sustainable Finance, which reflects toward a low-carbon economy.
the Bank’s regulatory compliance and commitment
towards transparency to stakeholders. The report presents comprehensive information on
sustainability governance, economic performance,
CIMB Niaga’s Sustainability Report is also prepared environmental impact management, and the Bank’s
with reference to various internationally recognized social contributions. The reporting framework begins
frameworks and standards, including but not limited to, with a Message from President Director, followed by a
the Global Reporting Initiative (GRI), the GRI G4 Financial description of priority material topics and performance
Services Sector Supplement indicators, the Sustainable reporting using relevant indicators. It also includes the
Development Goals (SDGs), the ASEAN Corporate Bank’s long-term sustainability plans with clearly defined
Governance Scorecard (ACGS), as well as early adoption targets, demonstrating accountability and transparency.
of International Financial Reporting Standards (IFRS) S1
and S2 developed by the International Sustainability From a strategic perspective, CIMB Niaga has assessed the
Standards Board (ISSB) as part of global sustainability impacts of environmental, social, and climate-related factors
disclosure practices. In Indonesia, the core principles of on its business and has begun integrating sustainability
IFRS have been adopted through Sustainability Disclosure considerations into its long-term corporate plans. Risk
Standards (PSPK) 1 and 2 issued by the Indonesian management has been further strengthened through the
Institute of Accountants (IAI). These standards emphasize identification and mitigation of sustainability-related risks,
disclosures based on four key pillars, namely Governance, including climate change and energy transition-related
Strategy, Risk Management, and Metrics & Targets. risks, thereby enhancing the responsiveness of the Bank’s
risk management framework to global developments.
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This approach bring forth a Sustainability Report that is transparent, measurable, and aligned with stakeholder
expectations at both national and global levels. The Sustainability Report serves as an instrument to strengthen public
trust while supporting sustainable growth.
Sustainability Report is published concurrently with the Annual Report, and both complement each other as an
integrated and comprehensive source of information.
Provision of Funds for Social and Political Activities
CIMB Niaga consistently allocates budgetary resources exercise their individual political rights, subject to certain
to implement its Corporate Social Responsibility limitations to avoid potential conflicts of interest.
(CSR) programs. This commitment reflects the Bank’s
sustained contribution to environmental and social The Bank’s internal policies set out clear boundaries
development, particularly for communities surrounding regarding the involvement of the Bank and its employees
its operational areas. Comprehensive information on in political activities, including a strict prohibition on
the implementation of the Bank’s CSR programs and the use of Bank funds for political purposes. These
activities is presented in the 2025 Sustainability Report, provisions are stipulated in the Bank’s Code of Ethics
which is published separately and forms an integral part and Code of Conduct, as well as in the Human Resources
of this Annual Report. Policy governing employee participation in external
organizations or political activities. The consistent
With regard to political activities, the Bank affirms that it application of these policies safeguards the Bank’s
does not provide funding to any political parties or political independence and professionalism, as well as that of all
activities. Nevertheless, employees retain the freedom to CIMB Niaga personnel.
Protection of Creditor Rights
To uphold trust and maintain credibility with creditors, Through this approach, creditors and business partners
CIMB Niaga has implemented the Creditors Rights can get access to relevant information, enabling them to
Fulfillment Policy No. M.05 as a key guidelines for ensuring make objective decisions based on fair and reasonable
that creditors rights are consistently fulfilled. This policy considerations.
guides all processes related to obtaining funding from
creditors and is publicly accessible through CIMB Niaga’s CIMB Niaga also ensures that all creditors’ rights are fulfilled
official website. in accordance with the terms and conditions of all agreed
contracts and that the Bank can meet its obligations on
The implementation of this policy involves providing time. The Bank remains committed to avoiding any delays
accurate, honest, and transparent information, and giving or negligence that could result in potential losses for any
equal treatment to all creditors without discrimination. party involved.
568 PT BANK CIMB NIAGA TBK 2025 Annual Report
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Transparency of the Bank’s Financial
and Non-Financial Conditions
CIMB Niaga is committed to fulfilling its transparency d. In accordance with POJK No. 18 of 2025 regarding
and disclosure obligations regarding both financial and Transparency and Publication of Bank Reports
non-financial conditions in accordance with applicable and POJK No. 14/POJK.04/2022 regarding Annual
regulations. The dissemination and publication of such Reports of Issuers or Public Companies, the
information are carried out through various channels, Bank has submitted its Annual Report to OJK and
including print media and CIMB Niaga’s official website, shareholders within the stipulated period.
with details as follows: 4. Quarterly and Annual Risk Exposure and Capital
Adequacy Publication Reports, which are disclosed
TRANSPARENCY OF THE BANK’S FINANCIAL in accordance with OJK regulations through the CIMB
CONDITIONS Niaga website.
1. The Monthly Published Financial Statements have
been submitted to the regulator in accordance with TRANSPARENCY OF THE BANK’S
the applicable requirements and specified deadlines NON-FINANCIAL CONDITION
and have been published on the CIMB Niaga website. 1. Corporate Governance Information, including
2. The Quarterly Financial Statements have been the the Annual Corporate Governance Report,
submitted to the regulator in accordance with Vision, Mission, Core Values, the composition and
applicable requirements and specified deadlines and profiles of the BOC, Sharia Supervisory Board (SSB),
published on the CIMB Niaga website as well as in BOD, and Committees under the BOC, as well as
widely circulated Indonesian-language newspapers, in internal governance provisions, from the Articles of
accordance with POJK No. 14/POJK.04/2022 regarding Association to Committee Charters, which are also
the Submission of Periodic Financial Reports of published on the CIMB Niaga website.
Issuers or Public Companies and POJK No. 18 of 2025 2. Information on the Bank’s Products and Services,
regarding the Transparency and Publication of Bank including its branch network, is published through
Reports. the Annual Report, leaflets, brochures, or other
3. CIMB Niaga’s Annual Report which is prepared and written materials available at branch offices, or
presented in accordance with applicable regulations, through electronic channels such as CIMB Niaga
has been submitted to the regulator, rating agencies, website, social media platforms, and CIMB Niaga
banking development institutions, research Contact Center, to ensure easy access for customers,
institutions, and financial magazines, and is published investors, and the general public.
on the CIMB Niaga website. 3. Information on Complaint Handling Procedures
a. A summary of key financial data, including and related published reports are made available
share information, reports of the Board on the CIMB Niaga website in support of consumer
of Commissioners (BOC) and the Board of protection regulations.
Directors (BOD), company profile, management’s 4. Information on Ownership Structure Transparency is
discussion and analysis of business and financial disclosed in the Annual Report and on the CIMB Niaga
performance, corporate governance, and website.
corporate social responsibility. 5. Material and Relevant Information or Facts regarding
b. Annual Financial Statements audited by a events, incidents, or circumstances that may
Public Accountant and a Public Accounting Firm influence the decisions of interested parties are
registered with the OJK. The Annual Financial promptly disclosed to the public through the CIMB
Statements are prepared for 1 (one) financial year Niaga website and the Indonesia Stock Exchange.
and presented with comparative figures for the 6. Other Information intended to support information
2 (two) preceding financial years. disclosure, financial education, and public services
c. A statement of responsibility by the BOC and is disseminated through various print and electronic
the BOD for the accuracy of the contents of the media, including e-mail, the CIMB Niaga website, and
Annual Report, set forth in a statement letter the Bank’s social media channels.
signed by all members of the BOC and the BOD.
PT BANK CIMB NIAGA TBK 2025 Annual Report 569
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Performance Management Company Management Risk
Highlights Reports Profile Discussion & Analysis Management
Reporting Integrity and
Information Technology Systems
CIMB Niaga positions reporting integrity and information With respect to Financial Statements and Sustainability
technology (IT) system security as two primary pillars that Reports, CIMB Niaga prepares and publishes these reports
support the effective delivery of information, including in accordance with POJK on Annual Reports and the
implementation of transparency of financial and non- Implementation of Sustainable Finance for Financial Services
financial conditions to Stakeholders. The integration of Institutions, Issuers, and Public Companies, as well as POJK
reporting processes and IT system security enables the regarding the Integrity of Banks’ Financial Reporting. CIMB
Bank to provide accurate, timely, relevant, and reliable Niaga also prepares and publishes its Financial Statements
information, based on generally accepted reporting and Sustainability Reports in an integrated manner, by
standards and prevailing regulatory requirements. These placing historical performance into context and describing
two elements play a central role in strengthening the Bank’s the Bank’s future risks, opportunities, and prospects.
credibility and reputation among Stakeholders.
CIMB Niaga maintains an IT system with secure and reliable
The Bank maintains a financial reporting process with strong information dissemination channels for Stakeholders.
integrity to ensure the validity, accuracy, and transparency in order to safeguard and ensure reporting integrity.
of the information and/or financial statements produced, The Bank’s IT system ensures that data is available when
in accordance with Financial Services Authority (OJK) needed and can be accessed efficiently. Conversely, IT
regulations concerning the integrity of banks’ financial security protects data from threats that could compromise
reporting. its integrity.
CIMB Niaga upholds reporting integrity by preparing and CIMB Niaga ensures the availability and adequacy of internal
presenting reports in accordance with the procedures, reporting supported by robust IT systems to enhance the
types, and scope stipulated under the OJK Regulations quality of decision-making by the Board of Directors and
(POJK). This ensures that the information disclosed by the the quality of oversight by the Board of Commissioners. In
Bank is accurate, complete, and free from distortion, starts administering information technology, CIMB Niaga complies
from the stages of preparation and data collection up to with POJK regarding the Implementation of Information
the data presentation. As the result, the Stakeholders. can Technology by Commercial Banks, including by:
be assured that the information received is truthful and 1. Implementing good information technology
reliable. governance in the administration of IT;
2. Applying risk management in the implementation of
Furthermore, the Bank ensures transparency of information IT;
regarding products and the use of consumers and/or 3. Maintaining cyber resilience and security; and
customers data in accordance with POJK regarding the 4. Developing an information technology architecture
Implementation of Commercial Banks’ Products and POJK that encompasses planning, design, implementation,
regarding Consumer and Public Protection in the Financial and control processes.
Services Sector.
Conflict Management Policy
(Including Insider Trading)
CIMB Niaga implements a Conflict Management Policy that Niaga or the CIMB Group. This policy also covers regulations
aims at establish guidelines for identifying, preventing, and regarding securities trading procedures within the Bank and
managing potential conflicts of interest that may arise from CIMB Group environments, which are to ensure adequate
the activities of business units that happen to have access controls are in place to prevent the misuse of inside
to supposedly confidential customer information of CIMB information for personal, employee, or management gain.
570 PT BANK CIMB NIAGA TBK 2025 Annual Report
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Report Governance Responsibilities Corporate Data Statement
The implementation of this Conflict Management Policy The Blackout Period must be announced to all Bank
aims to reaffirm the prohibition of using Inside Information employees by the Bank’s Control Room and including
(Insider Trading) in personal securities transactions by notification to the CIMB Group Control Room. Every
employees and management, including members of employee or management intending to transact in Bank
the Bank’s BOC, SSB, and BOC. This policy also governs or CIMB Group Securities (outside the Blackout Period) is
a Blackout Period, during which all employees and also required to report and obtain prior written approval
management are not permitted to conduct transactions in from the Bank’s Control Room at least 2 (two) working days
Bank Securities during specific periods. before the planned transaction, as well as from the CIMB
Group Control Room by filling out the employee transaction
request form. The transaction must be reported back to the
Bank’s Control Room no later than 2 (two) working days
after the transaction occurs.
Dividend Policy
CIMB Niaga has established and regularly updates its dividend policy. The dividend policy is communicated to all
shareholders. The dissemination of the dividend policy may be carried out, among other, through Bank’s website.
Detailed information regarding the Dividend Policy is further explained in the Management Discussion and Analysis
section of this Annual Report.
Long-Term Compensation Policy
Information regarding the policy of performance-based long-term compensation to the management and/or employees
of the Bank is outlined in the Management Disscussion and Analysis Chapter of this Annual Report.
Shares and Bonds Buyback of CIMB Niaga
In 2025, CIMB Niaga conducted a buyback of shares listed on the IDX, totaling 168,000 shares at an average price of
Rp1,820.00 per share, in relation to the implementation of the Material Risk Taker (MRT) Program, which had previously
been approved at the AGMS on 14 April 2025.
PT BANK CIMB NIAGA TBK 2025 Annual Report 571
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Performance Management Company Management Risk
Highlights Reports Profile Discussion & Analysis Management
Customer Protection Policy
At CIMB Niaga, customers remain #YangUtama. They transactions, safeguarding personal data privacy, and
are integral to every policy, process, and innovation protecting oneself from potential risks associated with
developed by the Bank. In line with this commitment, the use of banking products and services.
CIMB Niaga continues to prioritize customer-centric
banking solutions that are innovative, secure, and In implementing customer protection, CIMB Niaga
relevant, while embedding customer protection across refers to OJK Regulation (POJK) No. 22 of 2023 regarding
every stage of the service value chain. Consumer and Public Protection in the Financial Services
Sector, POJK No. 18/POJK.07/2018 regarding Consumer
Throughout 2025, CIMB Niaga continued to strengthen Complaint Services in the Financial Services Sector, as well
its commitment to improving the quality of the customer as Customer Protection Policy No. E.04.A.10 and Sharia
experience through customer-inspired, need-based Customer Protection Policy No. E.04.A.08. The application
product development, service enhancements, and digital of customer protection principles is further reflected
transformation. One concrete manifestation of this in CIMB Niaga’s commitment to consistently uphold
commitment is reflected in CIMB Niaga’s purpose, namely transparency and openness of information, as well as
Advancing Customers and Society, which is realized fair and responsible treatment of customers. CIMB Niaga
through increasingly simpler, better, and faster services. ensures that information communicated regarding its
products and services is clear, accurate, not misleading,
CIMB Niaga implements the EPICC work culture (Enabling and easily understood by customers. In addition, as part
Talent, Passion, Integrity & Accountability, Collaboration, of its commitment to customer protection, CIMB Niaga
and Customer Centricity) as a foundation for building a provides complaint-handling channels that are readily
work environment oriented towards performance and accessible to customers.
superior service. One initiative that reinforces Customer
Centricity values is the Work From Heart (WFHeart) The Bank addresses customer complaints related to
movement, designed to encourage every CIMB Niaga banking and financial products and services through
employee to prioritize customer needs in every activity, the Customer Care Unit (CCU) in accordance with the
while providing sincere, empathetic, and meaningful applicable Service Level Agreement (SLA). In parallel,
service to both customers and fellow employees. CIMB Niaga continuously undertakes evaluation and
innovation initiatives to further enhance the quality
The implementation of WFHeart across the organization and speed of complaint resolution. These efforts reflect
is further strengthened through a range of initiatives, CIMB Niaga’s commitment to delivering the best possible
including leadership role modeling and intensive customer experience, with customers always placed as
communication efforts designed to foster greater #YangUtama.
awareness of empathy, collaboration, and the ability to
deliver timely and effective solutions. The internalization CIMB Niaga also delivers an innovative, adaptive,
of WFHeart values is reinforced through continuous and distinctive banking experience through its digital
programs that ensure the consistent and sustainable services, OCTO and OCTO Biz. These digital banking
application of customer centricity across all levels of the platforms enable customers—both individuals and
organization. business entities—to conduct banking activities securely,
anytime and anywhere, thereby enhancing convenience
Efforts under the WFHeart initiative are complemented and efficiency.
by strong consumer protection measures, with CIMB
Niaga actively participating in the Banking Mediation In 2025, CIMB Niaga once again successfully resolved 99%
Working Group in collaboration with Bank Indonesia, the of customer complaints within the stipulated timeframe.
Financial Services Authority (OJK), and other banks. This Meanwhile, the Bank recorded a Net Promoter Score
participation is carried out through various customer (NPS) of 57% in 2024, reflecting continuous improvements
education programs, including banking seminars in service processes as well as the collective Work From
and other communication channels. These initiatives Heart commitment of all CIMB Niaga employees to deliver
include, among others, education on the importance an outstanding customer experience for customers who
of understanding rights and obligations in banking remain #YangUtama.
572 PT BANK CIMB NIAGA TBK 2025 Annual Report
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NET PROMOTER SCORE (NPS) RESULTS
Year NPS Score
2025 57%*
2024 57%
*
NPS 2025 is still in progress, the NPS 2024 results are currently being used.
NUMBER OF COMPLAINTS AND PERCENTAGE OF RESOLUTION
Year Number of Complaint Complaint Resolved Resolution Percentage
2025 61,181 60,450 99%
2024 64,457 63,610 99%
COMPLAINT TYPES, NUMBER, AND RESOLUTION
2025 2024
Complaint Type
Number of Complaint Number of Complaint
Complaint Resolved Complaint Resolved
Financial 50,496 49,771 53,366 52,524
Non-Financial 10,685 10,679 11,091 11,086
- Service Quality 280 280 552 552
- Others 10,405 10,399 10,539 10,534
Total 61,181 60,450 64,457 63,610
COMPLAINT HANDLING IN 2025
CIMB Niaga consistently publishes information on the handling of customer complaints received by the Bank at least
once a year through its Annual Report and official website. This practice is carried out in accordance with OJK Circular
Letter (SEOJK) No. 17/SEOJK.07/2018 regarding Guidelines for the Implementation of Consumer Complaint Services in
the Financial Services Sector. In detail, information on the handling of complaints based on types of financial transactions
during 2025 is presented as follows:
Resolved In Process Unresolved Number of
Type of Financial Transaction
Total % Total % Total % Complaint
Bancassurance - 0.00% - 0.00% - 0.00% -
Deposit - 0.00% - 0.00% - 0.00% -
Direct Debit 2,152 100.00% 4 0.00% - 0.00% 2,156
Electronic Banking 36,689 100.00% 33 0.00% - 0.00% 36,722
ATM Card/Debit/ATM Machine 6,965 100.00% 8 0.00% - 0.00% 6,973
Credit Card 14,134 95.00% 686 5.00% - 0.00% 14,820
Clearing (Transfer)/Remittance - - - 0.00% - 0.00% -
Unsecured Loan 90 100.00% - 0.00% - 0.00% 90
Vehicle Loan/Financing - 0.00% - 0.00% - 0.00% -
Home/Apartment Mortgage/Financing 14 100.00% - 0.00% - 0.00% 14
Other Fund Raising 280 100.00% - 0.00% - 0.00% 280
Other Financing 54 100.00% - 0.00% - 0.00% 54
Saving 50 100.00% - 0.00% - 0.00% 50
Wealth Management 22 100.00% - 0.00% - 0.00% 22
Total 60,450 99.00% 731 1.00% - 0.00% 61,181
PT BANK CIMB NIAGA TBK 2025 Annual Report 573
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Internal Fraud
ANTI-FRAUD POLICY CIMB NIAGA’S MITIGATION ACTIONS
CIMB Niaga implements an anti-fraud framework as an AGAINST FRAUD
integral part of the Bank’s internal control system, with
the goal of building a culture of compliance and raising ACTIVE MANAGEMENT SUPERVISION OF FRAUD
awareness among all organizational personnel regarding CIMB Niaga’s management plays an active role in
the potential and consequences of fraud. CIMB Niaga’s supervise the implementation of the Anti-Fraud Policy.
Anti-Fraud Policy is based on OJK Regulation (POJK) No. One form of oversight is ensuring that anti-fraud
12 of 2024 regarding the Implementation of Anti-Fraud outreach programs are implemented consistently and
Strategies for Financial Services Institutions. effectively at all levels of the organization.
The Anti-Fraud Policy governs the framework, governance, As a shared commitment to upholding integrity, all levels
and control strategies to mitigate potential internal fraud of CIMB Niaga—from the BOD, Board of Commissioners
through a comprehensive control system. As outlined (BOC), Sharia Supervisory Board (SSB), to all employees—
in the Risk Management Chapter of this Annual Report, have signed an Integrity Pact. This signing also fulfills
CIMB Niaga’s Anti-Fraud Policy is a strategic step by the requirements of POJK No. 12 of 2024 regarding the
the Bank to strengthen its compliance culture, increase Implementation of Anti-Fraud Strategies for Financial
awareness of fraud risks, and prevent violations, along Services Institutions. The Integrity Pact includes a
with implementing consequences for perpetrators if commitment to consistently uphold the highest standard
violations are proven. of integrity, reject and actively combat all forms of fraud,
bribery, and corruption, and comply with CIMB Niaga’s
The Management of CIMB Niaga is firmly committed Code of Ethics and Code of Conduct.
to taking strict action against any form of violation
or fraud, without exception, including the pursuit of CIMB Niaga regularly reinforces its commitment to
criminal proceedings against employees proven to have integrity through periodic affirmations to customers and
committed such offenses. This commitment is aligned business partners regarding its Anti-Fraud, Anti-Bribery,
with one of the key pillars of the Anti-Fraud Policy, namely and Anti-Corruption Policy, the Bank’s commitment
Tone from the Top, which reflects the Bank’s unequivocal to a culture of integrity, and the availability of the
stance and firm commitment to reject all forms of fraud, Whistleblowing System for reporting violations. This
embodying a Zero Tolerance to Fraud approach. affirmation is delivered periodically, before Eid al-Fitr and
the end of the year, by means of the Bank sending an Anti-
Sanctions against fraud perpetrators are decided by the Gratification Letter to customers and business partners
Disciplinary Committee, the Employee Disciplinary Action of the Bank in the form of a notification/reminder
Determination Team (TPTIK), which has the authority to regarding the Prohibition of Giving Gratuities to all level
impose sanctions, including for employees involved in of the Bank’s organization, including the BOD, BOC, SSB
fraud. This step ensures that the implementation of Zero and all CIMB Niaga employees without exception. This
Tolerance to Fraud is transparent, fair, and professional. initiative is intended to prevent all forms of fraud, bribery
CIMB Niaga continuously communicates “Tone from the and corruption risks in order to provide confidence and
Top” regarding Zero Tolerance to Fraud to all levels of maintain the trust of business partners in the Bank.
the organization through the Board of Director (BOD)
active participation in anti-fraud awareness socialization ANTI-FRAUD SOCIALIZATION PROGRAM
programs and a culture of speaking up, both through CIMB Niaga consistently implements various mitigation
mandatory training, sharing sessions, and other anti- measures to prevent fraud violations by employees.
fraud campaigns. These efforts are carried out through a series of ongoing
outreach programs for all Bank employees utilizing
various methods and media, including face-to-face
meetings, virtual sessions, e-Learning, and other internal
communication channels such as email blasts, internal
bulletins, desktop wallpapers, posters, and the Bank’s
social media.
574 PT BANK CIMB NIAGA TBK 2025 Annual Report
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CIMB Niaga conducted an anti-fraud campaign education 2,892 3,554 3,242 6,958 6,942 6,002 11,513
and outreach program for both internal employees and
customers in 2025, including:
1. Anti-Fraud, Bribery & Corruption Refreshment
Training for Senior Leaders
Refreshment training on anti-fraud, bribery, and
corruption delivered by speakers from the Association
of Certified Fraud Examiners (ACFE) to BOC, BOD, and
2019 2020 2021 2022 2023 2024 2025
D1 officials at the Senior Leaders Meeting held in
November 2025.
3. Anti-Fraud, Bribery & Corruption Campaign Weeks
2. Anti-Fraud Awareness for employees: To commemorate International Anti-Corruption Day
a. Mandatory Anti-Fraud Awareness training for on 9th December, AFM, in collaboration with the Good
employees and leaders in the Consumer Banking Corporate Governance & Sustainability (GCGS) work
Directorate, Sub Directorate Secured Lending unit, held a two-week campaign featuring BMC’s
Business & Consumer Credit Underwriting . message on anti-fraud, bribery & corruption culture
b. Sharing sessions and training held collaboratively as a tone from the top, and HR Info email blasts
between AFM and other work units: with various themes to strengthen understanding of
• Anti-fraud awareness refreshment sharing fraud, bribery, and corruption.
sessions for all leaders and employees in the
Network & Digital Banking (NDB) Directorate 4. Customer Anti-Fraud Awareness
for the East Java and Jakarta A areas. Customer Anti-Fraud Awareness initiatives are
• Anti-fraud awareness sharing sessions were conducted through various communication channels,
also conducted for employees and leaders including Instagram social media, WhatsApp/SMS,
of the Treasury & Capital Market – Private ATM/CDM/CRM screens, OCTO, electronic mail,
Banking unit; Relationship Managers and account/combined/billing statements, IVR Call Center,
Sharia frontliners in the Jakarta, West Java, East and the Bank’s website. The key messages delivered
Java, and South Sumatra areas; Relationship to customers include reminders to:
Managers and Business Managers in the a. Do not provide confidential data to any
Emerging Business Banking segment. unauthorized parties, including Bank’s employees,
• Other anti-fraud training conducted by the such as Saving Book, ATM cards and PINs,
HR Learning work unit, both virtually and passcodes/OTPs, and CVV.
in-person, for Customer Service, Tellers, b. Review the account statements issued by the
Branch Managers, Branch Operation & Bank and promptly report any suspicious or
Service Managers, Branch Service Officers, unauthorized transactions.
RM Development Program, and The Complete c. Do not hand over cash for transactions conducted
Bankers Program including training programs outside teller counters, including to Bank
for outsourced employees assigned as retail employees.
banking product sales personnel (Direct Sales d. Maintain the confidentiality of transaction data
Representatives). and remain vigilant against fake call center.
• Cybersecurity awareness is disseminated e. Do not entrust pre-signed blank forms to any
to all employees through various programs, party, including Bank employees.
including training, email blasts, and phishing f. Make sure that all required data/ information on
tests. These tests are sent to ensure Bank forms have been filled before signing.
understanding of phishing risks. Employees g. Be aware of cybercrimes, including social
who fail the phishing test must undergo engineering, phishing emails, and smishing.
training and relearn the Basic Cybersecurity
module. CIMB Niaga implements anti-fraud awareness
c. In addition to training and outreach programs, education programs to ensure that customers remain
anti-fraud messages are continuously vigilant when conducting transactions and to prevent
communicated by work unit leaders to their teams potential fraud violations, including those that may
during morning briefings and coaching sessions. be committed by employees.
d. By 2025, 11,513 employees, including outsourced
employees, will have participated in Anti-Fraud
Awareness training, both in-person and online.
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Performance Management Company Management Risk
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5. Vendor Anti-Fraud Awareness
The Bank also conducts education and awareness programs for its business partners (vendors) to enhance their
understanding of the Bank’s and regulators’ applicable anti-fraud provisions, which must be adhered to by all parties
cooperating with the Bank. As the Bank’s business partners, vendors are expected to actively participate in fraud
prevention efforts and to uphold a speak-up culture by reporting any instances where they discover, hear of, or
become aware of fraudulent practices, bribery, or corruption involving Bank personnel. Vendors are also required
to understand the consequences for them who are involved in, support, or engage in fraudulent activities.
In 2025, the Bank conducted an Anti-Fraud Awareness Webinar for vendors under the theme “Building an Integrity-
Driven Business Culture.”
DATA FOR INTERNAL FRAUDS VIOLATIONS AND SANCTIONS
Information regarding data on violations with a nominal value exceeding Rp100,000,000 (one hundred million Rupiah)
committed by Management, as well as permanent and non-permanent employees, as regulated in POJK No. 12 of 2024
regarding the Implementation of Anti-Fraud Strategies for Financial Services Institutions, as follows:
Number of cases committed by
Board of Commissioners and
Permanent Employees Non-Permanent Employees
Description Directors
2025 2024 2025 2024 2025 2024
Resolved - - 7 1 - -
Internal resolution in process - - 3 - - -
Unresolved - - - - - -
Followed-up by legal proceeding - - - 3 - -
Total Fraud - - 10 4 - -
In 2025, CIMB Niaga imposed strict action/sanctions on 85 (eighty five) employees involved in 58 (fifty eight) fraud
cases. This included termination of employment (PHK) for 66 (sixty six) employees and warning/reprimand letters (SP/
ST) for 19 (nineteen) employees, as detailed below:
Reprimand First Warning Second Third Warning Termination of
Letter Letter Warning Letter Letter Employment
16 10 - 3 66
CIMB Niaga believes that effective fraud prevention requires active management supervision, the strengthening of a
compliance culture across all levels of the organization, and comprehensive support through continuous socialization
and training programs for both employees and customers. In line with this commitment, the Bank consistently
implements a range of mitigation measures by optimizing the tools, controls, and mechanisms available within each
directorate or work unit, in accordance with their respective functions and responsibilities.
Whistleblowing System
As part of its commitment to upholding high standards of integrity and governance, the Bank requires every employee
who becomes aware of any violations of ethics, the Bank’s Policies and Procedures, or other misconduct to report such
incidents through the whistleblowing channel or to escalate them to the Head of Anti-Fraud Management and/or to
their immediate or higher-level supervisor.
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CIMB Niaga operates a Whistleblowing System (WBS) designed to strengthen transparency, compliance, and the
consistent application of good governance practices across the organization. The implementation of CIMB Niaga’s WBS
refers to Financial Services Authority Regulation (POJK) No. 12 of 2024 regarding the Implementation of Anti-Fraud
Strategies for Financial Services Institutions.
To ensure professional and independent handling of reports, since 4 December 2017 CIMB Niaga has maintained ongoing
cooperation with an independent third party, currently operating under the name PT DC Solutions. This collaboration
aims to create a safe, reliable, and trusted reporting environment, thereby encouraging reporting participation from
both internal and external stakeholders.
CIMB NIAGA - DELOITTE WHISTLEBLOWING SYSTEM MECHANISM
WHISTLEBLOWER CIMB NIAGA
1. Report indications of violations 1. Receive the report from the 1. Receives the report from Deloitte.
through available reporting media. Whistleblower. 2. Validate the clarity/adequacy of
2. Free to reveal identity or to remain 2. Send the report to CIMB Niaga report contents.
anonymous. WITHOUT the identity of the 3. Following up in reports: requesting
3. Attach EVIDENCE (if any) whistleblower, UNLESS the additional information or further
4. WISE in making the report, not whistleblower chooses to disclose investigation.
being a slander, false report, or the identity. 4. Submit the results of the
defamation. 3. To act as a communication investigation (proven/not proven/
5. Employees may not INTIMIDATE intermediary between CIMB Niaga insufficient evidence) to the
other employees makin a report and the whistleblower. whistleblower and close the report
via the Whistleblowing. 4. Communication with the reporter via Deloitte Halo.
and closing of the report is done 5. Ensure the CONFIDENTIALITY of
through Deloitte Halo. the whistleblower’s identity and the
5. Ensure the CONFIDENTIALITY of contens of the report.
whistleblower’s identity and the 6. Provide a response to the reporter
contents of the report. regarding follow-up action.
6. Provide periodic report status data
to the Bank.
WHISTLEBLOWING REPORTING CHANNELS encourages reports to be submitted on a well-founded
Reporting channels managed by an independent basis and in good faith. Whistleblowers are encouraged
third party include: to include relevant data, information, or supporting
1. Website: https://idn.deloitte-halo.com/ documents to strengthen the assessment process of the
ayolaporCIMBNIAGA/ reported allegations.
2. E-mail: ayolaporCIMBNIAGA@tipoffs.info
3. Telephone: 14031 HANDLING OF WHISTLEBLOWING REPORTS
4. SMS & WhatsApp: +62 822 1135 6363 The WBS accepts reports related to various types of
5. Facsimile: +62 21 2856 5231 violations, including fraud, money laundering, and
6. Mail: Ayo Lapor PO BOX 3331 JKP 10033 breaches of the Code of Ethics and/or human resources
policies. The Bank, through the Whistleblowing Officer,
WHISTLEBLOWER PROTECTION reviews and analyses each incoming report in accordance
To ensure a safe and trustworthy reporting environment, with the fundamental principles of whistleblowing
CIMB Niaga provides full protection for the confidentiality handling, as follows:
of whistleblowers’ identities in accordance with the - Valid reports with sufficient data and information
Bank’s internal policies. This confidentiality protection is will be forwarded for further examination by the
reinforced through transparent and structured follow-up investigation team. The examination results—whether
mechanisms, thereby fostering trust among employees substantiated or unsubstantiated—will be submitted
and stakeholders. The whistleblower’s identity—including to the Whistleblowing Officer, communicated to the
name, email address, and telephone number—may only whistleblower, and followed by the closure of the
be disclosed with the whistleblower’s explicit consent. report status.
- Reports that are not relevant or fall outside the scope
Furthermore, CIMB Niaga allows flexibility for of the WBS will be forwarded by the Whistleblowing
whistleblowers to submit reports without the obligation Officer to the relevant party or unit for further follow-
to provide initial evidence. Nevertheless, the Bank up.
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- Reports that are invalid or contain insufficient data 4. Whistleblowing (WB) Officer – CIMB Niaga: An
or information to enable follow-up actions will be employee from the Anti-Fraud Management unit
closed. appointed to support the Whistleblowing Coordinator
by monitoring the handling of all received reports,
PARTIES IN CHARGE OF WHISTLEBLOWING preparing and submitting whistleblowing reports,
CIMB Niaga appoints authorized parties to manage the and maintaining cooperation and communication
Bank’s Whistleblowing System as follows: with the third-party WBS administrator, including
1. WBS Officer-in-Charge: The Director overseeing the management of system access/user IDs (Deloitte
Compliance, Corporate Affairs & Legal (CCAL), whose Halo).
primary duties and responsibilities include supervising 5. Whistleblowing Officer: Employees from the AFM, AML,
the overall implementation of the WBS to ensure and HR units appointed to manage whistleblowing
compliance with applicable procedures and regulations. reports in accordance with their respective report
2. Whistleblowing Coordinator: A senior executive categories. Their primary duties include analyzing
heading the Anti-Fraud Management function, reports, submitting recommendations to the
responsible for overseeing the overall operation Whistleblowing Coordinator Unit for further action,
of the WBS and ensuring effective handling of and ensuring proper administrative updates of report
whistleblowing reports. status. Under this structure, the CIMB Niaga WB
3. Whistleblowing Coordinator Unit: Comprising D-1 level Officer also serves as the AFM WB Officer.
officers responsible for Anti-Fraud Management (AFM), 6. Chief Audit Executive (CAE): Performs an independent
Anti-Money Laundering (AML), and Human Resources oversight function over the governance of CIMB
(HR), in accordance with the scope or type of reports Niaga’s whistleblowing handling process.
managed by the WBS. The Whistleblowing Coordinator
Unit is authorized to determine and approve whether AUTHORITY FOR HANDLING WHISTLEBLOWING
a report is invalid and pre-closed, eligible for further REPORTS OVER CIMB NIAGA EMPLOYEE
investigation, closed, or reopened should additional In cases where the reported party through the
information become available. Under this structure, Whistleblowing System is an employee or member of
the CIMB Niaga Whistleblowing Coordinator also management of CIMB Niaga, the handling of such reports
serves as the AFM Whistleblowing Coordinator. is governed as follows:
No. Reported Party Report Addressed To
1 CIMB Niaga Employees WB Officer
2 WB Officer CIMB Niaga Coordinator & WB Coordinator Unit
3 WB Coordinator Unit CIMB Niaga WB Coordinator & CCAL Director
4 CIMB Niaga WB Coordinator CCAL Director
5 Member of the Board of Directors CCAL Director
6 President Director President Commissioner
7 Member of the Board of Commissioners President Commissioner
8 President Commissioner Board of Commissioners
REPORTING TO MANAGEMENT ON REPORT HANDLING
The Whistleblowing Coordinator/Officer of CIMB Niaga is required to report the status of follow-up actions on
all incoming whistleblowing reports on a monthly basis to the CCAL Director, with copies provided to the Director
responsible for Risk Management, the Director responsible for Human Resources, the Chief Audit Executive, and all
members of the Whistleblowing Coordinator Unit. On a quarterly basis, whistleblowing reports are submitted to the
Board of Commissioners, as part of the Board’s oversight function, through the Audit Committee.
ROLE OF THE BOARD OF DIRECTORS AND THE BOARD OF COMMISSIONERS
The Board of Directors (BOD) and the Board of Commissioners (BOC) play a significant role in the implementation and
oversight of CIMB Niaga’s WBS by undertaking the following actions:
1. The BOD reviews and approves the Whistleblowing Policy.
2. The BOD receives and reviews whistleblowing reports on a monthly and quarterly basis, which include the number
of reports received, their handling status, and provides the necessary input and direction.
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3. The BOC receives and reviews whistleblowing report to the Bank any indications of fraud, corruption,
reports submitted through the Audit Committee on a bribery, violations of ethics, policies, or any other
quarterly basis and provides the required guidance. misconduct committed by members of the BOC, the
BOD, or employees of CIMB Niaga.
SOCIALIZATION OF THE WHISTLEBLOWING
SYSTEM IMPLEMENTATION NUMBER OF WHISTLEBLOWING REPORTS IN
CIMB Niaga conducts continuous socialization of 2025 AND 2024
the Whistleblowing System. For internal employees, Throughout 2025, a total of 755 (seven hundred and fifty-
socialization is carried out through various channels, five) complaints were received through the Whistleblowing
including training programs, sharing sessions, and System. Of this total, 128 (one hundred and twenty-eight)
internal communication media such as desktop reports were related to Fraud, Human Resources, and Anti-
wallpapers, posters, and Learning on The Go (LoG). Money Laundering (AML) matters. The remaining 627 (six
For external parties and customers, socialization is hundred and twenty-seven) reports were forwarded to the
conducted through the CIMB Niaga website and social relevant parties for separate follow-up actions. Of the 128
media platforms (Instagram). (one hundred twenty eight) reports related to Fraud/HR/
AML, 67% (sixty-seven percent) or 86 (eighty-six) reports
Specifically for CIMB Niaga’s business partners, proceeded to the investigation stage, resulting in 51 (fifty-
whistleblowing socialization is incorporated into one) valid reports, 14 (fourteen) invalid reports, and 21
Cooperation Agreements, the Business Partner Code (twenty-one) reports currently under investigation. A total
of Ethics, and anti-gratification letters periodically of 13 (thirteen) reports were pending additional data or
distributed to business partners. Through these information from the whistleblowers, while 29 (twenty-nine)
communications, business partners are required to reports were closed due to insufficient data or information.
Total
Status of Whistleblowing (WB) reports related to Fraud/HR/AML
2025 2024
Number of WB Reports 128 165
WB Reports that have been investigated (CLOSED) 65 96
a. PROVEN WB Report 51 66
b. UNPROVEN WB Reports 14 30
WB Reports in Progress (Open) 34 31
a. Under ongoing investigation 21 26
b. Pending due to data/information completeness 13 5
Laporan WB - Pre-closed 29 38
Percentage of AFM/HR/AML WB reports that have been investigated out of the total valid complaints for 75.58% 78.69%
investigation (as of the end of December)
THEMATIC ISSUES IN THE 2025 WHISTLEBLOWING REPORT
Throughout 2025, the thematic issues in the reports received were as follows:
MONEY HUMAN
FRAUD
LAUNDERING RESOURCES
- Gratuities. Misuse of CIMB Niaga accounts - Complaints regarding the
- Conflicts of Interest. by account holders as a holding attitudes and actions of unit
- Extortion/Incentive Requests. account for criminal funds, leaders/coworkers.
- Embezzlement of staff funds by including transactions via - Complaints regarding staff
former employees. e-commerce/marketplaces/ who failed to pay online loan
- Manipulation (performance, websites/social media, fictitious obligations.
references for mortgage investments, fictitious job - Complaints regarding staff
applications, data and documents offers. attitudes and actions in
for account openings and credit collection activities.
applications). - Misuse of office facilities for
- Forgery of customer and superior personal gain.
signatures. - Violations concerning work
- Leakage of customer data. discipline (attendance,
- Misuse of employee funds. performance, and dress code).
- Markup of pay slips. - Work discomfort.
- Misselling of bank products. - Infidelity.
- Passwords sharing.
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FOLLOW-UP ON VIOLATIONS
As a form of consistency in maintaining organizational integrity, CIMB Niaga ensures that every report received through
the reporting mechanism is followed-up thoroughly and objectively. The Bank also applies strict sanctions to employees
found guilty of violations, as an effort to strengthen a culture of compliance and accountability at all levels of the
organization. In 2025, 20 (twenty) employees were reported through the WB channel and found to have committed
fraud/non-compliance. These employees were subject to the following sanctions:
Reprimand
Letter
First Warning
Letter
Second
Warning Letter
Third Warning
Letter
Termination of
Employment TOTAL
2025 2 5 - - 13 20
2024 6 6 - - 3 15
Strategic Plan of the Bank
CIMB Niaga prepares and submits its strategic plans in the form of a Corporate Plan and Bank’ Business Plan. Information
regarding the Bank’s strategic plans is outlined in the Management Discussion and Analysis chapter of this Annual
Report.
Implementation of the ASEAN Corporate
Governance Scorecard
The Implementation of CIMB Niaga Corporate Governance which refers to the ASEAN Corporate Governance Scorecard
is presented in detail on the CIMB Niaga website https://investor.cimbniaga.co.id/gcg/asean_cg.html.
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Indonesian General Guidelines
for Corporate Governance (PUGKI)
The implementation of Good Corporate Governance (GCG) principles plays a critical role in enhancing investor and
stakeholder confidence, reducing the cost of capital, strengthening the capital markets and financial services sector,
expanding employment opportunities, and encouraging economic growth aligned with sustainable development
principles. The National Committee for Governance Policy (KNKG) has issued the 2021 General Guidelines for Indonesian
Corporate Governance (PUGKI) as a guideline for globally standardized corporate governance practices, which are
recommended primarily for corporations listed on the capital market and managing public funds.
CIMB Niaga applies the principles and recommendations of the 2021 PUGKI based on an “apply or explain” approach,
with the following implementation details at the Bank:
Principles Recommendations Implementation at CIMB Niaga
Principle 1: 1.1 1.1.1 To achieve sustainable value creation, the Apply
Roles and Roles and Board of Directors carries out its leadership
Responsibilities Responsibilities role and seeks to achieve the following The Board of Directors realized high standards of
of the Board of the Board of governance outcomes: business ethics and ensures the implementation of a code
of Directors Directors a. to be competitive and focused on long-term of ethics that fosters a corporate culture of integrity. This
and Board of performance; is achieved, among other things, by implementing a new
Commisisoners b. to be ethical and responsible in conducting work culture, EPICC (Enabling Talent, Passion, Integrity &
business; Accountability, Collaboration, Customer Centricity).
c. to have positive contributions to the
community and the environment; and The Board of Directors places the optimization of the
d. to be able to survive and grow (corporate latest information technology as one of the strategic
resilience). pillars in achieving both short-term and long-term
1.1.2 The Board of Directors must ensure that the business targets. The Bank’s risk management and
corporate mission, vision, goals, objectives, internal control systems are consistently aligned with the
strategies, as well as annual and mid-term corporate vision, mission, goals, objectives, and strategy
plans are consistent with long-term goals, by and are implemented in accordance with applicable laws
effectively utilizing innovation and technology. and regulations and standards.
1.1.3 The Board of Directors ensures that the
corporation implements an appropriate and The Board of Directors ensures that the integrity of
effective risk management and internal control personnel and the proper and accurate reporting
system that is aligned with the corporate and financial information processes, in accordance
vision, mission, goals, objectives and strategies, with financial accounting standards and regulatory
as well as complying with applicable laws and requirements. The profile of the Director of Strategy and
regulations and standards. Finance and senior management from the work units
1.1.4 The Board of Directors ensures that the responsible for financial reporting can be found in this
integrity of the corporate accounting and Annual Report. The Board of Directors is also responsible
financial reporting system and the timely and for and publishes the Quarterly Financial Report on the
accurate disclosure of all material information Bank’s website and in the mass media, in accordance with
about the corporation. applicable regulations.
1.1.5 The Board of Directors ensures that
sustainability reporting has been prepared The Board of Directors and management have ensured
properly. that the Sustainability Report is prepared based on
1.1.6 The Board of Directors builds a framework a reporting framework appropriate to the size and
for corporate information technology (IT) complexity of the corporation and meets applicable
governance that is aligned with corporate national and/or global standards.
business needs and priorities, drives business
opportunities and performance, strengthens The Bank’s IT governance strategy and framework are
risk management, as well as supports detailed in this Annual Report. The Board of Directors
corporate goals and strategies. ensures that the Bank has an adequate and optimal IT
1.1.7 For corporations conducting business activities resource allocation policy to support the achievement of
based on Sharia principles, the Board of the Bank’s objectives and strategies.
Directors needs to ensure the authority and
availability of adequate supporting tools, The Board of Directors ensures that the Sharia Business
allowing the Sharia Supervisory Board to carry Unit has adequate and effective supporting tools, as
out its role effectively. stipulated in the Sharia Supervisory Board Charter.
1.1.8 The Board of Directors’ Charter is periodically
reviewed. The Charter includes, among others, The Board of Directors Charter is reviewed periodically.
the delegation of roles for the Directors The most recent charter was updated on 6 December
individually, which can be regulated in the 2024, and uploaded to the Bank’s website.
Board of Directors’ Charter or by a decision
letter of the Board of Directors. The Board of Directors Charter and Bank Nomination
1.1.9 The Board of Directors has a policy regarding Policy No. M.04 stipulate provisions regarding the
the resignation of members of the Board of resignation of a Board member if they are involved in
Directors if they are involved in a financial financial crimes and proven to have committed a violation.
crime and are proven to have made a mistake.
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1.2 1.2.1 The Board of Commissioners conducts an Apply
Performance annual formal evaluation in an objective
Assessment – Board and independent manner to determine the The Bank implements a Board of Directors performance
of Directors and its effectiveness of the Board of Directors and assessment policy consisting of collegial and individual
Members each individual Director. performance assessments. Collegial assessments of the
1.2.2 The Board of Commissioners, with due Board of Directors are conducted at least once a year,
observance of the Nomination and and individual performance assessments of the Board of
Remuneration Committee, is responsible Directors, including the President Director, are conducted
for determining performance assessment at least twice a year.
criteria and assessing the performance of the
President Director and other members of the The assessment results are discussed by the Nomination
Board of Directors.. and Remuneration Committee to obtain input and
recommendations before seeking approval from the
Board of Commissioners.
Further details regarding the Board of Directors
Performance Assessment are presented in the discussion
on Board of Commissioners and Board of Directors
Performance Assessment in this Annual Report.
1.3 1.3.1 The Board of Commissioners reviews the Apply
Roles and corporate strategy at least annually and
Responsibilities approves the corporate mission, vision Every year, the Board of Commissioners, together with
of the Board of and strategy formulated by the Board of the Board of Directors, conducts a review and evaluation
Commissioners Directors. The Board of Commissioners also of the company’s vision and mission, aligning them
reviews, provides advice, and approves long- with the company’s strategy, current conditions, and
term business and financial plans and the future business challenges. Furthermore, the Board of
company’s short-term financial plans. The Commissioners reviews, provides input, and approves
Board of Commissioners provides advice the company’s long-term and short-term business and
and monitors the Board of Directors on the financial plans, and monitors their implementation by
management of its implementation. The Board the Board of Directors, as outlined in the discussion
of Directors and Board of Commissioners are of the Bank’s Vision and Mission and the Board of
involved in decisions that are very important Commissioners and Board of Directors Meetings in this
for the corporation, as regulated in the articles Annual Report.
of association of the company.
1.3.2 The types of decisions that require the The decisions made by the Board of Commissioners
approval of the Board of Commissioners must are outlined in the Board of Commissioners discussion
be disclosed in the annual report. section of this Annual Report.
1.3.3 Taking into account the recommendation of the
Nomination and Remuneration Committee, In accordance with Bank Nomination Policy No. M.04
the Board of Commissioners proposes to, and and Bank Diversity Policy No. M.07, the Board of
to be resolved by, the GMS the appointment Commissioners plays an active role in the appointment
and/or dismissal of members of the Board and/or dismissal of members of the Board of Directors
of Directors and members of the Board of and Board of Commissioners, taking into account
Commissioners. In proposing the above, the recommendations from the Nomination & Remuneration
Board of Commissioners takes into account the Committee and diversity by providing equal opportunities
diversity, non-discriminatory elements, as well without discrimination based on ethnicity, religion, race,
as provides equal opportunities regardless of social class, or gender, and conducting this process in a
ethnicity, religion, race, class and gender. The formal and transparent manner.
Board of Commissioners ensures a formal and
transparent selection and nomination process To ensure leadership continuity, the Bank implements
for members of the Board of Directors and a succession policy for the Board of Directors and/or
members of the Board of Commissioners. Senior Management, which is part of the Nomination and
1.3.4 The Board of Commissioners or Committees Remuneration Committee Charter and Bank Nomination
conducting the nomination function formulate Policy No. M.04, as outlined in the Annual Report.
a succession policy in the process of nominating
members of the Board of Directors. Every The Nomination and Remuneration Committee
year, the Board of Commissioners reviews discusses proposals for remuneration for the Board
the report on the implementation of the of Commissioners and Directors, taking into account
development and succession plans submitted the remuneration range and standards in the peer
by the President Director. group and the Bank’s capabilities. The Nomination and
1.3.5 The Board of Commissioners a) submit Remuneration Committee provides recommendations
to the GMS, which may be preceded for further discussion at the Board of Commissioners
by recommendation from Committees Meeting for further study before the Board of
conducting the remuneration function, the Commissioners proposes the remuneration to the GMS.
amount of remuneration for members of the The GMS determines the remuneration for the Board of
Board of Directors and members of the Board Commissioners, and its implementation is carried out by
of Commissioners, in line with sustainable the Board of Directors.
corporate development and the long-term
interests of the corporation and shareholders; The Board of Commissioners, either directly or through its
b) periodically reviewing the remuneration committees, continuously oversees and directs the policies
system for the Board of Directors and Board of and effectiveness of the implementation of governance,
Commissioners. risk management, and internal control systems by
1.3.6 The Board of Commissioners oversees the management, and provides input and improvements as
effectiveness of corporate governance policies needed. The Board of Commissioners also consistently
and the implementation, as well as proposing ensures the integrity of the accounting and financial
changes if necessary. reporting systems, as well as the independence of the
1.3.7 The Board of Commissioners monitors internal and external audit functions, as reflected in the
and directs the company to implement the discussions of the Audit Committee and Internal Audit
appropriate and effective risk management Unit in this Annual Report.
and internal control systems that are aligned
with the corporate goals, objectives and
strategies as well as complying with laws and
regulations, codes of conduct, and applicable
standards.
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1.3.8 The Board of Commissioners supervises The preparation of the Annual Report and Sustainability
and directs the integrity of the corporate Report are reviewed and approved by the Board of
accounting and financial reporting system, as Commissioners. The Board of Commissioners Charter
well as the independence of the internal and is reviewed periodically. The most recent charter was
external audit functions. updated on 24 October 2025, and uploaded to the Bank’s
1.3.9 The Board of Commissioners monitors, website. The Board of Commissioners Charter and Bank
reviews, and approves the annual report and Nomination Policy No. M.04 stipulate that any member of
sustainability report of the company, and the Board of Commissioners involved in financial crimes
ensures their integrity, as well as oversees and/or other criminal acts is required to resign from their
the company’s disclosure and communication positions.
process.
1.3.10 The charter of the Board of Commissioners is All of the Bank’s Independent Commissioners have a
periodically reviewed. credible track record and have contributed significantly to
1.3.11 The Board of Commissioners has a policy the Bank’s progress. This is demonstrated, among other
regarding the resignation of members of the things, by an average attendance rate of 100% at Board
Board of Commissioners if they are involved in of Commissioners and Committee meetings and by the
financial crimes and are proven to have made excellent performance assessment results of both the
a mistake. Board of Commissioners and Committees.
1.3.12 Independent commissioners are highly
expected to be able to contribute to honest, The Bank’s President Commissioner has duties
objective, active, and constructive discussions and responsibilities, including coordinating the
at meetings of the Board of Commissioners. implementation of the Board of Commissioners’ duties
1.3.13 The President Commissioner acts as the and responsibilities, and proposing meetings, including
coordinator of the Board of Commissioners the agenda. In addition, joint meetings of the Board of
and ensures its effectiveness. The President Commissioners and the Board of Directors are held
Commissioner promotes a culture of periodically.
transparency and constructive dialogue that
allows a variety of views to be expressed,
including coordinating the setting of
appropriate board meeting agendas and
ensuring sufficient time is available to
discuss all agenda items. In addition, there
should also be opportunities for the Board
of Commissioners to meet with the Board of
Directors and senior management.
1.4 Establishment 1.4.1 The Corporation has committees under Apply
of Committees the Board of Commissioners, consisting of
at least: the Audit Committee, Nomination The committees at the Board of Commissioners level
and Remuneration Committee, and Risk consist of the Audit Committee, the Risk Oversight
Management Monitoring Committee. Committee, the Nomination and Remuneration
1.4.2 The Board of Commissioners ensures that Committee, and the Integrated Governance Committee.
all members of the Audit Committee are
independent and the majority of other The members of the Bank’s Audit Committee are all
committees established by the Board of Independent Commissioners and Independent Parties,
Commissioners are independent parties, and and the Audit Committee is chaired by one of the
all members of the committee are competent, Independent Commissioners, Mr. Dody Budi Waluyo, who
committed, and have sufficient authority is an Independent Commissioner and not the President
to perform their roles in an effective and Commissioner.
independent manner.
1.1.3 To ensure the monitoring on the The composition of other committee members is
implementation of duties of the Audit also predominantly Independent Commissioners and
Committee is carried out in an objective Independent Parties. This is discussed in more detail in
and independent manner, the President the separate discussions of the Audit Committee and
Commissioner is not allowed to be the other committees in this Annual Report.
chairman of the Audit Committee, except in
extraordinary circumstances, which must be
explained in the annual report..
1.5 1.5.1 The Board of Commissioners conducts Apply
Performance an annual formal evaluation objectively
Assessment – Board to determine the effectiveness of the The performance assessment of the Board of
of Commissioners Board, its committees, and each individual Commissioners and its committees is conducted annually
and its Member Commissioner. (at least once a year). The performance assessment of the
Board of Commissioners and its committees (including
the President Commissioner) uses several criteria as
outlined in the Annual Report.
1.6 1.6.1 Members of the Board of Directors with Apply
Conflicts of Interest concurrent positions outside the corporation
must obtain approval from the Board of No member of the Bank’s Board of Directors holds
Commissioners. A Commissioner notifies the concurrent positions outside CIMB Niaga, except for
Board of Commissioners and the chairman assignments to carry out supervisory functions at
of the committee carrying out the nomination subsidiaries. These assignments have received approval
function, prior to accepting a new appointment from the Board of Commissioners. Commissioners who
as Director or Commissioner of a public accept appointments from other public companies
company, other Director positions or other are required to submit such information to the
positions with a significant time commitment. Board of Commissioners and/or the Nomination and
Remuneration Committee.
One of the duties and responsibilities of the Board of
Commissioners is to monitor and manage potential
conflicts of interest within the Bank.
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1.6.2 The Board of Commissioners monitors In carrying out their duties and responsibilities, all
and manages potential conflicts of interest members of the Board of Commissioners are committed
for management, members of the Board to avoiding potential conflicts of interest and always
of Directors, Board of Commissioners and positioning themselves to avoid potential conflicts of
shareholders, including misuse of corporate interest under any circumstances, as stated in the Board
assets and misuse in related party transactions. of Commissioners Charter.
Commissioners with conflicts of interest do
not participate in monitoring and making In the event of a conflict of interest, members of the Board
decisions on potential conflicts of interest of Commissioners are prohibited from taking actions that
involving the Commissioners or affiliates of the could harm or reduce the Bank’s profits and are required
Commissioners concerned. to disclose the potential conflict of interest in every
decision.
1.7 1.7.1 The Board of Commissioners ensures that Apply
Competency members of the Board of Directors and Board
Improvement of of Commissioners understand their roles and The Board of Commissioners and Directors have
Members of the responsibilities, characteristics and operations participated in various education and training programs
Board of Directors of the corporation, relevant laws and aimed at enhancing strategic capabilities, broadening
and Board of regulations and other applicable standards business insights, strengthening leadership, developing
Commissioners and obligations. The Board of Directors new skills, and improving and maintaining the quality of
through the corporate secretary supports all banking services. Full details of the education and training
members of the Board of Directors and Board programs attended by the Board of Commissioners and
of Commissioners in updating and refreshing Directors are presented in this Annual Report.
the required skills and knowledge to carry out
their roles on the Board.
Principle 2: 2.1 2.1.1 In determining prospective candidates for Apply
Composition and Composition of the Directors, the Board of Commissioners through
Remuneration Board of Directors the Nomination and Remuneration Committee As stipulated in Nomination Policy No. M.04, which
of the Board and Board of does not only rely on recommendations from governs the selection, appointment, dismissal, and/or
of Directors Commissioner the Board of Commissioners, management replacement of members of the Board of Commissioners,
and Board of or majority shareholders. The Board of Sharia Supervisory Board, Board of Directors, and
Commissioners Commissioners through the Nomination Independent Parties, the Bank may utilize the services of
and Remuneration Committee can use independent and reputable third parties (search firms)
independent sources to determine qualified in the selection process for candidates for the Board of
candidates. Commissioners. The third parties appointed by the Bank
2.1.2 The Board of Commissioners ensures that the (search firms) will assist in the selection process.
criteria for selecting members of the Board
of Directors include at least the required The Nomination Policy also stipulates the minimum
knowledge, abilities, and expertise to properly criteria that candidates for the Board of Commissioners,
meet the role of the Board of Directors and Sharia Supervisory Board, and Board of Directors must
takes into account the fulfillment of the possess, including integrity, competence, reputation,
diversity of the Board of Directors. domicile, independence, or other specific criteria relevant
2.1.3 The corporate policy regarding diversity to the Director’s field.
among the Board of Directors and Board of
Commissioners is disclosed in the Annual The policy on the diversity of the composition of the Board
Report. of Commissioners and Board of Directors is stipulated in
2.1.4 The Board of Commissioners ensures that Diversity Policy No. M.07, and its achievements have been
the policies and procedures for the selection presented in this Annual Report. The composition of the
and nomination of Commissioners are clear Board of Commissioners meets the Bank’s needs.
and transparent in order to produce the
desired Board composition. The Board of The Bank has regulated the diversity of the composition
Commissioners uses independent sources to of members of the Board of Commissioners and Board of
determine qualified candidates. Directors as stipulated in Diversity Policy No. M.07.
2.1.5 The Board of Commissioners/Committee that
performs the nomination function establishes The Nomination and Remuneration Committee carries
nomination procedures and criteria that are out its nomination function based on the nomination
consistent with the Board of Commissioners’ procedures and criteria outlined in Nomination Policy No.
expertise matrix, which has been approved by M.04 and approved by the Board of Commissioners.
the Board of Commissioners and ensures that
the candidate profile meets the established The Nomination and Remuneration Committee has also
requirements in the expertise matrix and carried out its functions and responsibilities in ensuring
nomination criteria that the nomination and remuneration processes at the
2.1.6 The composition of the Board of Bank are conducted properly and transparently for the
Commissioners must be formed in such a benefit of the Bank. This can be seen in the discussion in
way that its members as a group reflect the this Annual Report.
diversity in terms of abilities, skills, knowledge,
experience, age, cultural background, and The implementation of the Board of Commissioners’
gender needed to properly fulfill the role of the duties, including composition, term of office,
Board of Commissioners. independence, meeting attendance, and training
2.1.7 To enable the Board of Commissioners to throughout the year, is detailed in this Annual Report.
provide independent advice and supervision
to the Board of Directors and for roles with
potentials for conflicts of interest, the Board
of Commissioners consists of a sufficient
number of Independent Commissioners, with
a limited term of office and there is disclosure
of the term of membership of the Board of
Commissioners and their independence from
a corporate perspective.
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2.1.8 To facilitate the effective function of
the Board of Directors and Board of
Commissioners and to increase investor and
stakeholder confidence, the Nomination
and Remuneration Committee ensures that
there is a formal, rigorous, and transparent
process for the selection and appointment of
members of the Board of Directors and Board
of Commissioners..
2.2 2.2.1 The remuneration policy for members of the Apply
Remuneration Board of Directors consists of a remuneration
of the Board of structure that is oriented towards sustainable The Bank has implemented a Risk-Based Remuneration
Directors and Board corporate development and encourages the Policy No. A.06.02, last updated on 15 December 2023,
of Commissioners achievement of long-term goals. The Board of in line with the latest regulations and the Remuneration
Directors’ remuneration must be proposed, Policy for the Board of Commissioners, Sharia Supervisory
through the Nomination and Remuneration Board, Board of Directors, and Board-level Committees
Committee, by the Board of Commissioners (Policy No. A.06.25). The Bank’s remuneration policy
to be resolved by the GMS. The amount prioritizes a competitive, fair, and balanced remuneration
of remuneration proposed to the GMS is system, based on applicable laws and regulations.
determined by taking into account the role of
each member of the Board of Directors and The Bank establishes the structure, policies, and
the economic situation as well as corporate remuneration amounts for each member of the Board
performance. of Commissioners, taking into account the duties,
2.2.2 The remuneration policy for members of authorities, performance, and responsibilities of the
the Board of Commissioners consists of Board of Commissioners. The Bank also considers the
a remuneration structure that is oriented prevailing remuneration standards in the peer group and
towards sustainable corporate development the Bank’s capabilities.
and encourages the achievement of longterm
goals. The amount of remuneration proposed The Nomination and Remuneration Committee discusses
by the Board of Commissioners to the GMS is the remuneration of the Board of Commissioners, taking
determined by taking into account the role of into account information on the remuneration range and
each member of the Board of Commissioners standards in the peer group in the market, as well as the
and the economic situation as well as corporate Bank’s capabilities. The remuneration of the Board of
performance. In addition, consideration Commissioners and the Board of Directors is determined
should also be given to his/her position as by the GMS.
President Commissioner and chairman as well
as membership in committees.
2.2.3 To ensure that the remuneration package
is determined based on the achievements,
qualifications, and competencies of the
Directors and Commissioners by taking
into account the performance of corporate
operations, individual performance, and
market conditions, the Nomination and
Remuneration Committee ensures that
there are fair and transparent procedures
for establishing remuneration policies for
members of the Board of Directors and Board
of Commissioners.
Principle 3: 3.1 3.1.1 There are open discussions between the Board Apply
Work Relationship Nature of Work of Directors and the Board of Commissioners
between the Relationship and between members of the Board of Discussions between the Board of Directors and the Board
Board of Directors Directors and members of the Board of of Commissioners are conducted through joint Board of
and Board of Commissioners. However, it is still important Commissioners meetings with the Board of Directors.
Commissioners to maintain the confidentiality of information Through these meetings, the Board of Commissioners
to ensure that confidential information does discusses various agenda items, including follow-
not leak. up reports on the Board of Commissioners’ Meeting
3.1.2 In accordance with their respective duties and Minutes, financial performance reports, and reports from
roles, the Board of Directors cooperates with committees under the Board of Commissioners.
the Board of Commissioners in formulating the
corporate missions, visions and strategies, and Each year, the Bank’s short- and medium-term strategies
regularly discusses the implementation. and policies are outlined in the Corporate Plan and Bank
3.1.3 The Corporate Secretary has a crucial role in Business Plan (RBB), which are prepared based on the
supporting the effectiveness of the working established Vision and Mission. Periodically, the Board of
relationship between the Board of Directors Directors, along with the Board of Commissioners and the
and the Board of Commissioners, encouraging Bank’s senior management, conduct periodic evaluations
the implementation of good corporate of strategies, policies, and their implementation at all
governance practices, including effective levels of the organization.
communication with shareholders and other
stakeholders. The Bank appointed Fransiska Oei as Corporate Secretary
based on CIMB Niaga Board of Directors Circular Decree
No. 001/SIR/DIR/IX/2016 dated 21 September 2016. The
Bank’s Corporate Secretary is responsible for maintaining
the Bank’s image and protecting its interests by
establishing good communication and relationships with
all parties, as well as acting as a liaison between the Bank
and Shareholders and other Stakeholders.
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3.2 3.2.1 The Board of Directors is responsible for Apply
Access to ensuring that the Board of Commissioners
Information for has access to accurate, relevant, and timely The Board of Commissioners can interact with the
the Board of information. The Board of Commissioners Board of Directors either directly or through joint
Commissioners itself ensures that it obtains sufficient Board of Commissioners meetings. These meetings
information. The Board of Directors provides are held according to a schedule established at the end
information to the Board of Commissioners of the previous year, but may also be held on an ad
regularly, without delay, and comprehensively hoc basis if there is material information/events that
on all matters relevant to the corporation. need to be immediately communicated to the Board of
The Board of Commissioners may at any time Commissioners.
request additional information to the Board of
Directors. The Corporate Secretary supports the Board of Directors
in providing the Board of Commissioners with access
to accurate, relevant, and timely information. One way
to do this is by ensuring that invitations and materials
for Board of Commissioners meetings are delivered to
participants no later than five working days prior to the
meeting. The Corporate Secretary is also responsible
for administering, distributing, and following up on all
incoming correspondence received by the Bank and
addressed to the Board of Directors and/or Board of
Commissioners.
3.3 3.3.1 The impact of the ownership structure on Apply
Responsibilities the corporation. The Board of Directors
of the Board of and the Board of Commissioners consider The Bank’s Board of Directors and Board of Commissioners
Directors and Board their responsibilities in the context of the ensure that the shareholder structure and relationships
of Commissioners shareholding structure and relationships between shareholders do not affect the implementation
on Impacts of the between corporate shareholders, which may of their roles and responsibilities. All decisions and
Structure have an impact on corporate management policies taken by the Bank’s Board of Directors and
and operations. Board of Commissioners are made independently and
transparently in the best interests of the Bank.
Principle 4: 4.1 4.1.1 This statement is set forth in the Code of Apply
Etchical and Code of Conduct Conduct and Business Ethics, which must
Responsible clearly state the corporate expectation that The Bank has a Code of Ethics and Code of Conduct
Conduct each member of the Board of Directors and and Anti-Bribery and Corruption Policy No. M.11, which
Board of Commissioners and employees will: must be adhered to by the Board of Directors, Board of
a. Act in the best interests of the corporation; Commissioners, and all employees. Implementation of
b. Act honestly and with a high standard of these policies is the responsibility of all management and
integrity; employees at all levels of the organization, as outlined in
c. Be independent and act based on complete the Integrity Pact & Code of Ethics Declaration, signed by
information, in good faith, with due the Board of Directors and Board of Commissioners and
diligence and prudence; attested by all employees annually.
d. Comply with laws and regulations that apply
to the corporation and its operations; More detailed information is provided in this Annual
e. Avoiding actions that violate laws and Report.
regulations or unethical actions based on
corporate ethics guidelines;
f. Not involved or participating in any activities
that will create a conflict of interest with
the best interests of the corporation or
which will have a negative impact on the
reputation of the corporation;
g. Do not take advantage of property or
information owned by the corporation,
ownership of other assets or its customers
for personal gain or which causes harm to
the corporation and its customers.
h. Does not take advantage of the position or
opportunities generated by the position for
personal gain
i. Avoiding the act of asking for or receiving
from third parties payments, gratuities, or
other benefits for themselves or for other
people that will lead to conflicts of interest/
provide benefits to third parties by violating
the laws and regulations;
j. Respect differences of opinion and the
rights of each member of the Board of
Directors, Board of Commissioners and
employees;
k. Ensuring full, 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 policies
and practices on anti-money laundering and
financing of terrorism, anti-bribery, anti-
corruption, anti-fraud, political involvement
with reference to the national or international
standards regarding anti-money laundering,
anti-bribery, anti-corruption, anti-fraud or
other related standards.
4.2 4.2.1 The corporation articulates, fosters, and Apply
Corporate Values discloses corporate culture and value
and Culture CIMB Niaga implements values and a work culture
based on the EPICC (Enabling Talent, Passion, Integrity &
Accountability, Collaboration, and Customer Centricity)
values and builds a risk culture as the basis for employee
behavior and decision-making in daily activities.
By internalizing and implementing the EPICC values,
employees are expected to create a positive impact that
encourages a conducive, collaborative, and productive
work environment.
The Bank has implemented the process of internalizing
corporate values and culture into daily operations and
is explained in more detail in the Corporate Values and
Culture section of this Annual Report.
4.3 4.3.1 The corporate code of conduct and code of Apply
Enforcement and ethics are communicated effectively to the
Communication of Board of Directors, Board of Commissioners Internalization of the Code of Ethics and Code of Conduct is
the Code of Ethics, and all employees, integrated into corporate carried out periodically through various available media to
Values, and Culture strategy and operations, including risk foster awareness and understanding of how to implement
management system and remuneration behavior consistent with the Bank’s Core Values. Each
structure, as well as being enforced. year, members of the Board of Commissioners and Board
of Directors sign an Integrity Pact, Code of Ethics, and
Anti-Bribery and Corruption Commitment, followed by
attestation of the same pact by all Bank employees. More
complete information is provided in this Annual Report.
Principle 5: 5.1 5.1.1 The Board of Directors periodically reviews Apply
Risk Management, Internal Control the accuracy of designs and operational
Internal Control, and Compliance effectiveness of the governance system, risk The Board of Directors has implemented an Internal
and Compliance management, internal control, and corporate Control System in accordance with applicable control
compliance and reports the implementation principles, and a comprehensive evaluation indicates that
and results of the review to shareholders the Bank’s Internal Control System is functioning well.
through the annual report of the Corporation. The Board of Directors and the 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 its risk appetite and
supporting the achievement of the Bank’s objectives.
Further explanation of this matter is provided in the
discussion of the Risk Monitoring Committee and Internal
Control System in this Annual Report.
5.2 5.2.1 Strategy and risk is a unity, disclosed Apply
Risk Management in a transparent manner, included in
the implementation of the duties and The Board of Commissioners and the Board of Directors
responsibilities of the Board of Directors and consistently manage and monitor the Bank’s key risks
the Board of Commissioners, as well as in effectively. Maintaining a balance between risk levels,
discussions at the meetings of the Board of compliance culture, and capital adequacy is also part of
Commissioners and Board of Directors. the Bank’s strategic pillar policies. In implementing these
5.2.2 The Risk Management Oversight Committee policies, the Board of Commissioners and the Board of
assists the implementation of the duties of Directors is assisted by the Risk Oversight Committee, the
the Board of Commissioners by creating Risk Management Committee, and other risk committees.
a transparent, focused, and independent They periodically review and evaluate the effectiveness
mechanism for oversight of corporate risk of risk control and management at each meeting, also
management. assisted by the Internal Audit Unit.
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The Board of Commissioners has a Risk Oversight
Committee (ROC), whose members are Independent
Commissioners and competent Independent Parties
with backgrounds consistent with regulations and the
Bank’s needs. ROC helps ensure that the Bank’s risk
management implementation consistently meets the
elements of adequate risk management procedures
and methodologies, ensuring that the Bank’s business
activities remain controlled within acceptable limits and
profitable for the Bank.
More detailed information is provided in this Annual
Report.
5.3 5.3.1 The Board of Directors establishes an Apply
Integration of integrated governance, risk management and
Governance, Risk compliance (GRC) system, by handling various Through the Three Lines of Defense, the Board of Directors
Management, and uncertainties in an integrated manner and with ensures coordination and capability strengthening among
Compliance high integrity, to ensure that the corporation all key GRC components, including governance systems,
can achieve its objectives. strategic management, performance management, risk
5.3.2 The Board of Directors ensures that the management, compliance management, and the internal
division in charge of the compliance function audit system, to ensure the corporation remains on track
does not concurrently carry out functions to achieve its objectives. Furthermore, the Compliance
that have the potential to cause a conflict of Director does not hold other functions that could
interest. potentially create a conflict of interest, as outlined in the
Bank’s Organizational Structure in this Annual Report.
The sound implementation of GRC is reflected in the
various awards the Bank has earned and maintained,
including awards for ASEAN Top 50, ASEAN Asset Class,
and Top 5 of Indonesian Public Listed Companies, the
Leadership in Corporate Governance award from the IICD
CG Conference & Award, and the Star 5 Top GRC Awards
2025.
5.4 5.4.1 The Board of Commissioners through the Audit Apply
Internal Audit Committee oversees and ensures that the
internal audit function assists the corporation The Board of Commissioners has an Audit Committee
in achieving its goals through an objective and that ensures the implementation of internal audit
disciplined approach in order to evaluate and duties is carried out objectively and independently. The
improve the effectiveness of risk management, appointment and dismissal of the Chief Audit Executive
internal control, and corporate governance. also takes into account recommendations from the Audit
Committee, and internal audit has direct access to the
Audit Committee.
More detailed information is provided in this Annual
Report.
Principle 6: 6.1 6.1.1 The corporation has disclosure and Apply
Disclosure and Policy and transparency policies and procedures that
Transparency Disclosure ensure the disclosure of material information The Bank has Governance Policy No. M.12 and
and safeguard sensitive information as well as Communication Policy with Shareholders and Investors
corporate secrets. No. M.02, which regulate the disclosure of material
6.1.2 Shareholders’ right to obtain regularly and information and the safeguarding of sensitive and
timely relevant material information regarding confidential information, as well as disclosure/disclosure
the corporation must be me. obligations in accordance with applicable regulations.
The Bank ensures that all shareholders have the
same right to receive material information accurately,
timely, periodically, and in accordance with applicable
regulations.
6.2 6.2.1 The corporation discloses systems and Apply
Financial and procedures to ensure that interim financial
Sustainability reports that are not materially audited or The Bank has systems and procedures governing internal
Reports reviewed by external auditors are accurate, control over financial reporting, including interim financial
complete, and provide investors with the right reports. The role of the risk management/compliance/
information to make the right investment management oversight function and the internal audit
decisions function in ensuring the integrity of interim financial
6.2.2 The Audit Committee ensures the quality of reports, and the role of the Audit Committee in reviewing
audits on financial report carried out by external the financial reports to be published by the Bank.
auditors. This activity includes recommending
the appointment, reappointment and, if The Bank’s Audit Committee ensures the quality of
necessary, the termination and remuneration the financial statement audits performed by the
of the external auditor. external auditor. This responsibility includes providing
6.2.3 The sustainability report shall be prepared recommendations regarding the appointment,
and disclosed accurately and in accordance reappointment, and, if necessary, dismissal, as well as
with national or international sustainability determining the remuneration of the external auditor.
reporting frameworks. Meanwhile, the Bank’s Sustainability Report is prepared
in accordance with international standards such as
GRI, SASB, SUSBA, and PSPK 1 and PSPK 2. The report
is also provided with assurance by an independent and
competent external party.
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6.2.4 The corporation issues an integrated annual The Bank’s Annual Report presents historical performance
report that places historical performance into in a comprehensive context, while also describing
context and describes the risks, opportunities, the risks, opportunities, and future prospects of the
and prospects of the corporation in the future, corporation.
which will subsequently assist shareholders
and stakeholders to understand the strategic
goals of the corporation and its progress in
creating sustainable valu.
6.3 6.3.1 Channels for the dissemination of information Apply
Dissemination of should provide users with equitable, timely,
Information and relatively inexpensive access to relevant The Bank regularly updates information and provides
information. stakeholders with easy access to information on the
6.3.2 The corporation ensures that an annual Bank’s activities and performance, ensuring a clear and
statement on the implementation of the transparent understanding of the Bank’s condition.
Indonesian General Guidelines for Corporate Various communication channels are available, including
Governance, including an explanation on the social media, the website, email blasts and public exposes
implementation of each Recommendation for customers and the public, press releases, and a
and Guideline is available on the website for a dedicated internal communication channel for CIMB
minimum period of five years Niaga employees. These include:
6.3.3 For corporations listed on the capital market - Analyst meetings, interactions and discussions
in jurisdictions other than the jurisdiction with shareholders, investors, and analysts via
of origin, applicable laws and regulations teleconferences and in-house meetings, the Annual
on corporate governance must be clearly Review with national and international rating
disclosed. In the case of cross listing, the agencies, and the Annual Public Expose.
criteria and procedures for cross listing, criteria - The Bank’s website and social media platforms
and procedures for recognizing the listing (Facebook, Instagram, X, YouTube, LinkedIn, and
requirements for the primary listing must be TikTok) and press releases.
transparent and documented
A statement regarding the implementation of the PUGKI is
available on the Bank’s website.
Principle 7: 7.1 7.1.1 The corporation has a communication policy Apply
Protection of Rights of that facilitates and encourages shareholder or
the Rights of Shareholders investor participation. The Bank has a Communication Policy with Shareholders
Shareholders 7.1.2 Corporations that are parent entities ensure and Investors No. M.02, which serves as a reference for its
that their corporate governance policies apply subsidiaries and is publicly accessible through the Bank’s
to subsidiaries and entities under common website. The rights, authorities, and responsibilities of
control in which their investment is significant. shareholders are also detailed in CIMB Niaga’s Articles
7.1.3 Corporations have rules and procedures of Association, which can also be accessed on the Bank’s
that govern acquisitions, takeovers, and website.
extraordinary transactions, such as mergers
and sales of substantial corporate assets to
ensure the transactions occur in a transparent
manner and under reasonable conditions as
well as protecting the rights of all shareholders
according to class.
7.2 7.2.1 Corporations have rules and procedures Apply
Fair Treatment of that ensure a). all shareholders of the same
Shareholders series in one class of shares must be treated In accordance with the Bank’s Articles of Association,
equally, b). disclosure of said rules and the Bank’s shares consist of Class A and Class B shares.
procedures, as well as disclosure of capital Class A and Class B shareholders have equal rights, with
structure and arrangements that allow certain each share entitled to one vote. The Bank consistently
shareholders to gain influence or control that ensures that related party transactions do not involve a
is disproportionate to their share ownership. conflict of interest and that the interests of the Bank and
7.2.2 The corporation has rules and procedures its shareholders are protected.
that ensure related party transactions are
approved and carried out in such a way as to Disclosures to prevent insider trading are, among
ensure that conflicts of interest are properly other things, stipulated in the Code of Ethics and Code
managed, and protect the interests of the of Conduct. The Bank also has a CIMB Niaga Conflict
corporation and shareholders. Management Policy, which regulates the procedures
7.2.3 The corporation has established and discloses for trading securities of the Bank and the CIMB Group
policies to prevent insider trading. The and reaffirms the prohibition on the use of insider
corporation has clear rules regarding any trading information in personal securities transactions
trading in corporate shares carried out by by employees, members of the Bank’s Board of
Directors, Commissioners, and insiders to Commissioners, and members of the Bank’s Board of
ensure that no one can benefit directly or Directors.
indirectly from information that is not/not yet
available on the market.
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7.3 7.3.1 The corporation implement the notice for GMS Apply
General Meeting of with the agenda and materials for the GMS as
Shareholders completely and as early as possible (no later The Bank shall issue a Notice for a GMS no later than 28
than 28 days prior to the GMS) to provide (twenty-eight) days prior to the GMS date, excluding the
sufficient time and material for shareholders date of the notice and the date of the GMS. The notice
to properly study the meeting agenda. Meeting shall be accompanied by an agenda and GMS materials,
invitations and all GMS information are which are available on the Bank’s website.
disclosed through electronic means, such as
through the corporate website. The decision-making/voting mechanism for the GMS
7.3.2 The corporation has established and is explained in the GMS Rules of Procedure, which are
disclosed rules and procedures that facilitate published on the Bank’s website and read out again
shareholders to participate and vote effectively by the Corporate Secretary at the opening of the GMS.
at the GMS. 1.1.7 Voting shall be conducted for each GMS agenda item (one
7.3.3 Shareholders participate effectively to decision per agenda item), and the Bank shall appoint
determine the appointment of members independent parties, namely PT Bima Registra and Notary
of the Board of Directors and Board of Ashoya Ratam, SH, to conduct the vote count.
Commissioners.
7.3.4 The corporation ensures the transparency and The curriculum vitae of the candidates for members of the
accountability of the external auditor at the Board of Directors and Board of Commissioners, as well as
GMS. the external auditor, shall be disclosed to the public along
7.3.5 Submission of voting results and a complete with the Notice for the GMS on the Bank’s website, and
summary of the minutes of the GMS will be voting shall be conducted separately for each candidate.
announced to the public on the following
working day. The voting results and a complete summary of the
minutes of the Bank’s GMS shall be announced to the
public on the same day after the conclusion of the GMS
on the Bank’s website.
More complete information is provided in the GMS
discussion in this Annual Report.
Principle 8: 8.1 8.1.1 The corporation through the Corporate Apply
Appreciation for Stakeholders Secretary carries out regular, transparent,
Stakeholders Engagement and effective communication with key The process for identifying and selecting key stakeholders
stakeholders as well as involves them to to engage is outlined in the Sustainability Report. The
understand their hopes and complaints as Bank also has a Whistleblowing System as a secure and
well as the impact of the corporation on them. independent means of submitting suggestions, input, and
complaints.
8.2 8.2.1 The Board of Commissioners together with Apply
Integration of the Board of Directors are responsible,
Sustainability in accountable and transparent for sustainability The Board of Directors ensures that the corporate
Business Models governance, including in terms of establishing sustainability strategy, priorities, and targets, as well as
corporate sustainability strategies, priorities performance against these targets, are communicated to
and targets. The Board of Directors and Board stakeholders, as reported in this Annual Report.
of Commissioners incorporate sustainability
considerations when carrying out their roles,
including by developing and implementing
corporate strategies, business plans, main
action plans, and risk management.
8.3 8.3.1 The Board of Directors ensures and discloses Apply
Protection for that corporate operations reflect the
Stakeholders application of high standards of ethics, social The Bank has various policies in place to guide its business
and environmental responsibility throughout operations ethically, socially and environmentally
the corporation and ensures that appropriate responsibly, and to respect and comply with stakeholder
policies and procedures are implemented rights. All information regarding these policies is presented
to respect and comply with the rights of in full in the Bank’s Annual Report and Sustainability
stakeholders. Report. Furthermore, the Bank has and implements a long-
8.3.2 The Board of Directors encourages employees term incentive policy, namely stock-based compensation,
to work for the long-term interests of the for employees, which encourages sustainable value
corporation and prioritizes sustainability. creation, as discussed in the Remuneration Policy section
of this Annual Report.
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Implementation of Corporate Governance Aspects
and Principles for Public Companies Pursuant to
Financial Services Authority Provisions
OJK has established 5 (five) aspects, 8 (eight) principles, and 25 (twenty-five) corporate governance recommendations as
references for the implementation of GCG by public companies, in accordance with the provision of the OJK regulation
(POJK) No. 21/POJK.04/2015 regarding the Implementation of the Corporate Governance Guidelines for Public Companies
and SEOJK No. 32/SEOJK.04/2015 regarding the Corporate Governance Guidelines for Public Companies.
CIMB Niaga has implemented all such aspects, principles, and recommendations using a “comply or explain” approach,
which is elaborated in detail as follows:
Aspects Principles Recommendations Explanation
Public Principle 1: 1.1 Comply
Company Increasing the Public Company have a
Relations with Value of Holding technical voting procedures, As an effort to increase shareholder independence, freedom, and
Shareholdersin a General both open and closed, that confidentiality in the voting process, CIMB Niaga has a policy of
Ensuring the Meeting of prioritize independency and conducting closed and electronic voting (e-voting) at the GMS for each
Shareholder Shareholders the interests of shareholders GMS agenda. This policy is set out in the Rules of the GMS.
Rights (GMS)
The closed and electronic voting mechanisms at the Annual GMS and
Extraordinary GMS have been carried out since 2018 via touch screens
devices provided by CIMB Niaga, smart phones, or other mobile devices
(tablets, iPads, etc.) belonging to the shareholder or their proxy. CIMB
Niaga is thus the first Public Company in Indonesia to hold e-voting.
Shareholders and/or their proxies who attend electronically can
carry out the e-voting process on the eASY.KSEI application. Whereas,
shareholders who provide power of attorney with the e-Proxy
mechanism are deemed to have exercised their voting rights through
the eASY.KSEI application and are not permitted to carry out the
e-Voting process at the GMS venue.
The counting of voting results is carried out by the independent parties,
namely PT Bima Registra, the Securities Administration Bureau, and
Notary Ashoya Ratam SH., MKn. This ensures the independence and
interests of shareholders in the voting process. The Rules of GMS and
video of e-Voting mechanism at the GMS venue have been uploaded on
the Bank’s website 28 (twenty-eight) days prior to the date of the GMS,
distributed to the shareholders when entering the GMS room, and read
aloud by the Corporate Secretary before the GMS started.
1.2 Comply
All members of the Board of
Directors and members of All members of the Board of Directors (BOD) and Board of
the Board of Commissioners Commissioners (BOC) of CIMB Niaga attended (both physically or via
of the Public Company are video conference) the AGMS held on 14 April 2025. Members of the
present at the Annual GMS. BOD and BOC who were present could represent the Bank in explaining
each AGMS agenda to shareholders, ensuring that it was properly
implemented.
1.3 Comply
Summary of the GMS minutes
is available on the Public CIMB Niaga uploads the summary of the GMS minutes on the same day
Company website for at least after the GMS is held to the CIMB Niaga’s website. Summary of the GMS
1 (one) year. minutes from 2013 up to the present is available on the Bank’s website,
both in Bahasa and English.
Public Principle 2: 2.1 Comply
Company Improving Public Company have a
Relations with the Quality of communication policy with CIMB Niaga has a Policy on Communication with Shareholders or
Shareholders Public Company shareholders or investors. Investors No. M.02 which has been uploaded to CIMB Niaga’s website.
in Communication
Guaranteeing with The Bank’s communication activities include the implementation of
Shareholder Shareholders or GMS, Public Expose, Analyst Meetings, teleconferences/meetings/
Rights Investors webinars with investors and analysts, Annual Rating Review, publication
of Monthly, Quarterly, and Annual Financial Statements, and accurate
and timely information disclosure.
CIMB Niaga also provides information on head office and branch
addresses, e-mail addresses, and phone numbers on the website
and in the Annual Report, as well as social media access (Facebook, X,
Instagram, LinkedIn, TikTok), and Call Center so that shareholders and
investors can easily communicate with the Bank.
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2.2 Comply
The Public Listed Company
discloses its communication CIMB Niaga’s Communication with Shareholders or Investors Policy No.
policy with shareholders or M.02 has been uploaded to the CIMB Niaga’s website.
investors on the Website.
Functions Principle 3: 3.1 Comply
and Roles of Strengthen the Determination of the number
the Board of Membership and of members of the Board of CIMB Niaga has a Nomination Policy for Members of the BOC, BOD,, and
Commissioners Composition Commissioners considers Independent Parties as members of the BOC’s Committee No. M.04, which
of the Board of the conditions of the Public serves as a guideline for the Nomination and Remuneration Committee
Commissioners Company. in the process of nominating members of the CIMB Niaga’s BOC while
considering the Bank’s needs, conditions, and capabilities. At the time
this Annual Report was published, the Bank’s BOC was comprising of 7
(seven) people, with 4 (four) Independent Commissioners (57%) and 2
(two) of them are female Independent Commissioners. The number of
members on the Bank’s BOC does not exceed that of the BOD.
3.2 Comply
Determination of the
composition of members of The CIMB Niaga’s BOC has a diverse background in terms of expertise,
the Board of Commissioners knowledge, experience, and nationality, aim to support the Bank’s
considers the diversity business development. This is shown in the profiles of each BOC.
of skills, knowledge and
experience required.
Principle 4: 4.1 Comply
Functions The Board of Commissioners
and Roles of has a self-assessment policy The policy to assess the performance of the BOC and BOC’s Committees
the Board of to assess their performance. is outlined in the Appendix to the Nomination and Remuneration
Directors in Committee Charter, which is available on the CIMB Niaga’s website, and
Enhancing is included in the Corporate Governance Report Chapter of this Annual
the Quality of Report, along with the assessment results.
Implementation
of the Duties and
Responsibilities
of the Board of
Commissioners
4.2 Comply
The self-assessment policy for
assessing the performance of The BOC’s performance assessment policy is set out in the Appendix to
the Board of Commissioners the Nomination and Remuneration Committee Charter, and disclosed
is disclosed in the Public in the Corporate Governance Report Chapter of this Annual Report,
Company’s Annual Report. along with the assessment results.
4.3 Comply
The Board of Commissioners
has a policy regarding the CIMB Niaga’s BOC Charter regulates that members of the BOC who are
resignation of members of involved in financial crimes and/or other criminal acts are required to
the Board of Commissioners resign from their positions.
if they are involved in financial
crimes.
4.4 Comply
The Board of Commissioners
or the Committee that The succession plan policy has been regulated in the Nomination
carries out the Nomination and Remuneration Committee Charter and the Nomination Policy for
and Remuneration function Members of the BOC, BOD, and Independent Parties as members of
prepares a succession policy the BOC’s Committee No. M.04, as well as disclosed in the discussion of
in the Nomination process the Nomination and Remuneration Committee in this Annual Report.
for members of the Board of
Directors.
Functions Principle 5: 5.1 Comply
and Roles of Strengthening Determination of the number
the Board of the Membership of members of the Board CIMB Niaga has a Nomination Policy for Members of the BOC, BOD and
Directors and Composition of Directors considers the Independent Parties as members of the BOC’s Committee No. M.04 as
of the Board of condition of the Public a guideline for the Nomination and Remuneration Committee in the
Directors Company and effectiveness in process of nominating members of the CIMB Niaga Board of Directors
decision making. by considering the Bank’s financial condition and capabilities, as well as
the organizational needs and complexity of the Bank’s business.
At the time this Annual Report was published, the Bank’s BOD consisted
of 10 (ten) members. The number of members of the BOD are more
than the number of members of the BOC.
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Aspects Principles Recommendations Explanation
5.2 Comply
Determination of the
composition of members CIMB Niaga’s BOD have diverse backgrounds in terms of expertise,
of the Board of Directors knowledge and experience. This shown in the profile of each Director.
considers the diversity, skills, The diversity and number of the BOD is needed in order to provide the
knowledge and experience best alternative problem resolution for the Bank, in accordance with
required. the needs, size and complexity of the Bank’s business.
5.3 Comply
Members of the Board of
Directors who are in charge Mr Lee Kai Kwong is CIMB Niaga’s Strategy and Finance Director,
of accounting or finance have overseeing accounting and finance. He has a Bachelor of Science
expertise and/or knowledge in (Fin) from the University of Pennsylvania in the United States and
the field of accounting. has previously worked as Senior Managing Director – Regional Head
Consumer Business Planning & Analysis at CIMB Bank Malaysia, as well
as in various positions in the Finance sector. Mr Lee Kai Kwong meets
the requirements for expertise and/or knowledge in accounting and/
or finance.
Principle 6: 6.1 Comply
Improving The Board of Directors has
the Quality of a self-assessment policy to The BOD’s performance assessment Policy is governed by the Appendix
Implementation assess their performance. to the Nomination and Remuneration Committee Charter, which is
of the Board available on the CIMB Niaga’s website.
of Directors’
Duties and
Responsibilities
6.2 Comply
The self-assessmentpolicy for
assessing the performance The BOD’s performance assessment Policy is set out in the Appendix to
of the Board of Directors the Nomination and Remuneration Committee Charter and disclosed in
is disclosed in the Public the Corporate Governance Report Chapter of this Annual Report, along
Company’s annual report. with the result.
6.3 Comply
The Board of Directors
has a policy regarding the CIMB Niaga’s BOD Charter regulates that members of the BOD who are
resignation of members of the involved in financial crimes and/or other criminal acts are required to
Board of Directors if they are resign from their positions.
involved in financial crimes.
Stakeholder Principle 7: 7.1 Comply
Participation Improving Public Company have a policy
Corporate to prevent insider trading. To prevent insider trading, CIMB Niaga has a Conflict Management
Governance Policy that has been posted on the CIMB Niaga’s website. This Policy
Aspects through seeks to establish rules, identify, reduce, and manage potential conflicts
Stakeholder of interest that may arise within the Bank as a result of activities carried
Participation out by the Bank’s business units that enable them to obtain information
about the Bank, Bank customers, and the CIMB Group.
7.2 Comply
Public Company have anti-
corruption and anti-fraud CIMB Niaga’s Anti-Bribery & Corruption Policy No. M.11, Anti-Bribery
policies. Management System Policy No. M.14, and Anti-Fraud Policy No. E.07
have all been uploaded to the CIMB Niaga’s website.
The Anti-Bribery & Corruption Policy and the Anti-Bribery Management
System Policy were developed with the goal of providing information
and guidance to parties working for and on behalf of the Bank on
procedures for detecting, avoiding, communicating, and dealing with
bribery and corruption issues.
The Anti-fraud Policy governs the framework, governance, and
implementation of anti-fraud strategies, which are delivered through
four pillars: prevention, detection, investigation, and monitoring.
Further information about the Anti-Bribery and Corruption Policy and
the Anti-fraud Policy is disclosed in this Annual Report.
7.3 Comply
Public Company have a policy
regarding the selection and CIMB Niaga has Goods and Services Procurement Policy No. E.04.A.06,
improvement of supplier or Goods and Services Procurement Procedure No. E.04.A.06.P.01, and CIMB
vendor capabilities. Niaga’s Vendor Code of Conduct, all of which have been uploaded to the
CIMB Niaga’s website and are further disclosed in this Annual Report.
The Code of Ethics and Code of Conduct, as well as the Anti-Bribery and
Corruption Policy, also governs relationships with business partners
(customers, suppliers, vendor partners, and consultants who work with
the Bank), and include anti-competition policies, objective evaluation,
prohibition of gratification, and provisions for consultation and
lobbying with business/enterprise partners.
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Aspects Principles Recommendations Explanation
7.4 Comply
Public Company have a policy
to fulfill creditor rights. CIMB Niaga has Creditor Rights Fulfillment Policy No. M.05, which is
available on the CIMB Niaga’s website and is further disclosed in this
Annual Report.
This policy stipulates that CIMB Niaga implements and respects
creditors’ rights by treating all creditors equally, fulfilling their rights
and obligations on time, and keeping no Bank information hidden
(disclose).
7.5 Comply
Public Company have a
whistleblowing system policy. CIMB Niaga has Whistleblowing Policy No. E.08 which has been
uploaded on the CIMB Niaga’s website and is further disclosed in this
Annual Report.
7.6 Comply
Public Company have a
policy of providing long- CIMB Niaga’s Risk Based Remuneration Policy No. A.06.02 includes
term incentives to Board of a policy for providing long-term incentives to Board of Directors and
Directors and employees. employees who meet the Material Risk Taker (MRT) criteria.
An explanation of the Risk-Based Remuneration Policy is further
disclosed in this Annual Report.
Disclosure Principle 8: 8.1 Comply
Improving the Public Company make wider
Implementation use of information technology Aside from the website, CIMB Niaga uses other information technology
of Information apart from Websites as a such as telephone banking, e-mail, radio, print media, social media
Disclosure medium for information (such as Facebook, X, Instagram, Youtube, LinkedIn, Tiktok), screens/
disclosure. TVs at branch offices, ATMs, OCTO digital channel as media channels
for information dissemination.
Further explanation regarding Access to Company Information and
Data is disclosed in this Annual Report.
8.2 Comply
The Public Company’s Annual
Report discloses the ultimate CIMB Niaga does not have shareholders with share ownership of at
beneficial owner in Public least 5% (five percent) other than the controlling shareholder (CIMB
Company share ownership Group) as disclosed in the Company Profile chapter in this Annual
of at least 5% (five percent), Report.
in addition to disclosure of
the ultimate beneficial owner
in Public Company share
ownership through the major
and controlling shareholders
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Report Governance Responsibilities Corporate Data Statement
Integrated Governance Implementation Report
Governance serves as a fundamental pillar in driving Conglomerations and Financial Conglomeration Holding
innovation, sustainability, and more balanced growth. Companies, which replaces POJK No. 45/POJK.03/2020.
CIMB Niaga implements Integrated Governance
(IG) as part of the Bank’s commitment to ensuring These regulations govern the establishment of
comprehensive, well-directed, and consistent governance Financial Conglomerations, the appointment of a
practices across all lines of business. The implementation Financial Conglomeration Holding Company (FCHC),
of IG within the Financial Conglomeration enables the comprehensive and effective implementation of
performance enhancement, compliance with prevailing Integrated Governance, as well as the obligation for the
laws and regulations, and the strengthening of ethical FCHC to prepare a Corporate Charter.
values that constitute industry standards in the banking
and financial services sector. FINANCIAL CONGLOMERATE STRUCTURE
Based on OJK Letter No. SR-39/KS.13/2025 dated 24
Furthermore, IG facilitates the establishment of September 2025, the composition of the CIMB Indonesia
sustainable financial system stability within the Bank, Financial Conglomeration is as follows:
which in turn enhances CIMB Niaga’s competitiveness FCHC : PT Bank CIMB Niaga Tbk (CIMB Niaga)
in the banking and financial services industry. The Member : PT CIMB Niaga Auto Finance (CNAF)
implementation of IG at CIMB Niaga refers to OJK PT CIMB Niaga Sekuritas (CNS)
Regulation (POJK) No. 18/POJK.03/2014 and OJK Circular Dana Pensiun Bank CIMB Niaga (DaPen)*
Letter (SEOJK) No. 15/SEOJK.03/2015 regarding the *
CIMB Niaga does not have any direct share ownership.
Implementation of Integrated Governance for Financial
Conglomerations, and is currently in the process of SHAREHOLDING STRUCTURE
alignment with POJK No. 30 of 2024 regarding Financial The current shareholding structure within the CIMB
Indonesia Financial Conglomeration is as follows:
PT Bank CIMB Niaga Tbk
83.28% 97.32%
PT CIMB Niaga Auto Finance PT CIMB Niaga Sekuritas
Dana Pensiun Bank CIMB Niaga*
*
The Bank does not own it directly, but through OJK letter No. SR-39/KS.13/2025 regarding the Submission of the Approval of PT Bank CIMB Niaga Tbk
as the Operational FCHC for CIMB Financial Conglomeration, the DaPen is grouped within the CIMB Indonesia Financial Conglomerate structure.
MANAGEMENT STRUCTURE
The management structure of the CIMB Indonesia Financial Conglomeration, as stipulated under POJK No. 18/
POJK.03/2014 regarding the Implementation of Governance for Financial Conglomerations, is as follows:
Entity IG Committee* Compliance Function Internal Audit Function Risk Management Function
PT Bank CIMB Niaga Tbk (CIMB Niaga) √ √ √ √
CIMB Niaga Auto Finance (CNAF) √ √ √ √
CIMB Niaga Sekuritas (CNS) √ √ √ √
Dana Pensiun Bank CIMB Niaga (DaPen) In the process of adjustment
*
The IG Committee is in the FCHC. However, the Committee consists of representatives of Independent Commissioners from each member of the Financial Service
Institution (FSI) of the Financial Conglomerate.
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FINANCIAL CONGLOMERATION HOLDING 2. Preparing the IG Guidelines for approval by the BOC
COMPANY: CIMB NIAGA of the FCHC;
3. Preparing the necessary implementing guidelines to
BOARD OF COMMISSIONERS, SHARIA support the execution of the IG Guidelines, including
SUPERVISORY BOARD, AND BOARD OF DIRECTORS but not limited to:
OF THE FCHC a. Integrated Risk Management Guidelines;
The composition of the Board of Commissioners (BOC), b. Integrated Compliance Guidelines; and
the Sharia Supervisory Board (SBB), and the Board c. Integrated Internal Audit Guidelines;
of Directors (BOD) of CIMB Niaga in its capacity as the 4. Directing, monitoring, and evaluating the
FCHC is presented in the Company Profile chapter of this implementation of the IG Guidelines;
Annual Report. 5. Following up on the direction and advice of the BOC
of the FCHC to enhance the IG Guidelines and their
DUTIES AND RESPONSIBILITIES OF THE BOARD OF implementation;
COMMISSIONERS OF THE FCHC 6. Ensuring that audit findings and recommendations
To supervise the implementation of IG by carrying out from the Integrated Internal Audit Unit, external
the following: auditors, the results of supervision by the OJK, and/
1. Approving the IG Charter prepared by the BOD of the or supervision by other authorities have been duly
FCHC; followed up by Financial Services Institutions within
2. Overseeing the implementation of governance the CIMB Indonesia Financial Conglomeration;
within each member of the CIMB Indonesia Financial 7. Reporting the IG assessment on a semi-annual basis
Conglomeration to ensure compliance with the IG and submitting the IG Annual Report; and
Guidelines; 8. Appointing an organizational unit within the
3. Overseeing the implementation of duties and FCHC structure to act as the Coordinator for the
responsibilities of the BOD of the FCHC and providing implementation of IG across the CIMB Indonesia
direction or advice regarding the implementation of Financial Conglomeration.
the Integrated Governance Guidelines;
4. Evaluating the IG Charter and implementation MEMBER: CNAF
guidelines; The composition of the BOC and the BOD of CNAF is
5. Providing guidance for the enhancement of the IG presented in the Company Profile chapter of this Annual
Charter and implementation guidelines; Report.
6. Submitting recommendations from the IG Committee
to the BOD of the FCHC regarding the implementation MEMBER: CNS
of Integrated Governance by members of the CIMB The composition of the BOC and the BOD of CNS is
Indonesia Financial Conglomeration; presented in the Company Profile chapter of this Annual
7. Establishing an IG Committee to support the Report.
effectiveness of its duties, which shall be regulated in
a separate section; and MEMBER: DANA PENSIUN BANK CIMB NIAGA
8. Convening regular meetings at least once per
semester. No Name Position
1 Ferdinand R. Wawolumaya Chairman
DUTIES AND RESPONSIBILITIES OF THE SHARIA
SUPERVISORY BOARD OF THE FCHC 2 Dwiana Nartanti Manager
1. Ensuring that the implementation of IG does not 3 Ilvia R.M. Aritonang Manager
conflict with Sharia principles; and
4 Ria Yohanita Chairwoman of the
2. Supervising the activities of Financial Services Supervisory Board
Institutions to ensure compliance with Sharia
5 Abdul Azip Supervisory Board
principles.
DUTIES AND RESPONSIBILITIES OF THE BOARD OF
DIRECTORS OF THE FCHC
1. Ensuring the implementation of IG across the CIMB
Indonesia Financial Conglomeration, including
disseminating the IG Policy to the BOD of Financial
Services Institutions within the conglomeration;
596 PT BANK CIMB NIAGA TBK 2025 Annual Report
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Report Governance Responsibilities Corporate Data Statement
Duties and Responsibilities of Members of CIMB Indonesia Financial Conglomerate
The Board of Commissioners The Board of Directors
1. Provide recommendations and approval regarding the The BOD must ensure the implementation of IG by members of
Governance Policy prepared by the BOD and ensure the the CIMB Indonesia Financial Conglomerate, with the following
Governance Policy is in accordance with the IG Charter; responsibilities:
2. Supervise the IG implementation with the following duties and 1. Prepare a Governance Policy that is aligned with the IG Charter;
responsibilities: 2. Prepare the necessary policies and procedures for the
a. Supervise Governance implementation to be in accordance implementation of IG, aligned with the procedures established by
with the IG Charter and Governance Policy; the FCHC;
b. Follow up on the IG Committee recommendations related 3. Provide sufficient resources;
to IG implementation and improvements to the Governance 4. Guide, monitor, and evaluate the Governance Policy
Policy; implementation, including governance reporting;
c. Supervise the implementation of the duties and 5. Follow up on the guidance and advice from the BOC in order
responsibilities of the BOD, as well as provide guidance or to improve governance policies, as well as IG and governance
recommendations to the BOD regarding the implementation implementation based on the recommendations of the IG
of the Governance Policy; Committee; and
d. Evaluate and approve the Governance Policy for improvement; 6. Reporting the assessments and implementation of governance to
e. Establish a Governance Committee by considering the the ME in accordance with prevailing procedures.
characteristics and scale of the business;
f. The BOC discusses the recommendations from the IG
Committee in the Joint Meetings of the BOC and BOD in order
to provide guidance and advice
CORPORATE CHARTER the CIMB Indonesia Financial Conglomerate has an
The Corporate Charter of the CIMB Indonesia Financial Integrated Internal Audit Policy and IG Guidelines, which
Conglomerate is prepared in accordance with OJK serve as the basis for implementing the duties of IIA of
Regulation No. 45/POJK.03/2020 regarding Financial the FCHC and IIA of FSI members of the CIMB Indonesia
Conglomerates, which was approved by the BOD of CIMB Financial Conglomerate. These two guidelines serve as a
Niaga and the BOD of the Financial Services Institutions reference for implementing integrated supervision and
(FSI) members of the CIMB Indonesia Financial monitoring, thereby encouraging improvements in the
Conglomerate on 25 November 2020. The Corporate quality of GCG implementation and the effectiveness of
Charter was submitted to the OJK on 27 November 2020, the integrated internal audit function across all entities
and is currently being updated. within the CIMB Indonesia Financial Conglomerate.
INTEGRATED GOVERNANCE (IG) COMMITTEE ROLES AND RESPONSIBILITIES OF IIA
The establishment of the IG Committee reflects 1. Monitor and evaluate the implementation of
CIMB Niaga’s commitment to implementing GCG in a integrated audits in each member of the CIMB
professional and sustainable manner. The IG Committee Indonesia Financial Conglomerate;
assists in the effective implementation of the duties of 2. Coordinate all IAs within the CIMB Indonesia Financial
the FCHC BOC in overseeing the implementation of Conglomerate in accordance with their respective
IG within the CIMB Indonesia Financial Conglomerate. functions;
Further discussion of the IG Committee is provided in 3. Compile the results of the IIA of each member of the
the IG Committee section of the Corporate Governance CIMB Indonesia Financial Conglomerate;
Report of this Annual Report. 4. Prepare and submit reports on the implementation
of integrated internal audit roles and responsibilities
INTEGRATED INTERNAL AUDIT (IIA) to the Director appointed to carry out supervisory
The establishment of the IIA within the CIMB Indonesia functions for FSIs in the Financial Conglomerate, the
Financial Conglomerate is part of the commitment to Compliance Director of FCHC and the BOC of FCHC.
ensuring effectiveness of Integrated GCG. The IIA of
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Performance Management Company Management Risk
Highlights Reports Profile Discussion & Analysis Management
Reporting Flow of IIA in CIMB Indonesia Financial Conglomerate
Board of Commissioners
of the FCHC
Integrated Governance
Committee Director appointed
to carry out the
supervisory function
Integrated
on FSIs in the Financial
Internal Conglomerate
Audit Report
Internal Audit Unit Compliance Director of
of FCHC the FCHC
PT Bank CIMB Niaga Integrated
Internal
Audit Report
Coordination
Internal Audit Unit of Internal Audit Unit of Internal Audit Unit of
Dana Pensiun
Bank CIMB Niaga
PT CIMB Niaga Auto Finance PT CIMB Niaga Sekuritas
Integrated Internal Audit Unit
In carrying out its duties, IIA of the CIMB Indonesia INTEGRATED AUDIT IMPLEMENTATION IN 2025
Financial Conglomerate may conduct audits on members Throughout 2025, IIA monitored and oversaw the
of the CIMB Indonesia Financial Conglomerate, either implementation of integrated audits. Furthermore, the
through individual audits, joint audits, or audits based IIA periodically submitted reports on the implementation
on reports from the IIA of the CIMB Indonesia Financial of integrated internal audits in 2025 to the Director
Conglomerate members. appointed to oversee the FSIs within the Financial
Conglomerate, the Compliance Director of FCHC, and the
Furthermore, IIA ensures that audit findings and BOC of FCHC. To ensure the effective implementation of
recommendations from IIA, external auditors, OJK integrated internal audits, IIA has undertaken various
supervision results, and/or other authorities have been initiatives to strengthen the integrated internal oversight
followed up effectively and timely by all members of process, including:
the CIMB Indonesia Financial Conglomerate, as part of 1. Aligning IA policies and procedures with IA of CIMB
fulfilling the principles of Integrated GCG and improving Niaga.
the quality of internal control at both the entity and 2. Conducting regular meetings with the Head of IA
conglomerate levels. of FSI members of the CIMB Indonesia Financial
Conglomerate.
3. Conducting periodic monitoring on audit plans, audit
results, and follow-up on audit recommendations of
the IA of FSI members of the CIMB Indonesia Financial
Conglomerate.
4. Conducting audits (if deemed necessary) of
FSI members of the CIMB Indonesia Financial
Conglomerate.
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INTEGRATED COMPLIANCE UNIT (ICU)
Based on OJK Regulation (POJK) No. 18/POJK.03/2014 regarding the Implementation of Integrated Governance (IG)
for Financial Conglomerates, the CIMB Niaga Compliance Management Unit (CMU) also serves as the Integrated
Compliance Unit (ICU) that oversees the compliance function within the CIMB Indonesia Financial Conglomerate (FC),
through regular and intensive coordination with the subsidiary’s CMUs. CIMB Niaga CMU is an independent unit from
the operational work units within the FCHC.
Organization Structure of ICU in CIMB Indonesia Financial Conglomerate
Board of
Commissioners of the
FCHC Recommendation
Board of
Directors of President
the FCHC Director
Recommendation
Other Directors Integrated Compliance Integrated Governance
Director Committee
Integrated
Compliance Report
Integrated
Compliance Unit
Coordination
Compliance Unit Compliance Unit Compliance Unit
Dana Pensiun
Bank CIMB Niaga
PT CIMB Niaga Auto Finance PT CIMB Niaga Sekuritas
DUTIES AND RESPONSIBILITIES OF THE ICU a. A quarterly Integrated Compliance Report to
1. Monitor and evaluate the implementation of the Board of Directors (BOD) of the FCHC, which
Integrated Compliance within each member of the oversees the compliance function;
CIMB Indonesia Financial Conglomerate; b. A semi-annual self-assessment report on the
2. Coordinate with each CMU within the CIMB Indonesia implementation of IG in the CIMB Indonesia FC to
Financial Conglomerate in accordance with their the IGC and the OJK;
respective functions; 3. The Compliance Director of the CIMB Indonesia FC
3. Compile the results of the Integrated Compliance shall submit a semi-annual Integrated Compliance
implementation of each member of the CIMB Report to the FCHC Director and the BOC of FCHC;
Indonesia Financial Conglomerate; 4. Align the compliance framework between the ICU
4. Prepare and submit a report on the implementation and each of the CMU within the CIMB Indonesia FC;
of Integrated Compliance duties and responsibilities 5. Update internal policies and establish procedures to
to the Compliance Director of FCHC; serve as a reference for the integrated implementation
5. Develop policies that offer guidelines for implementing of compliance functions;
the integrated compliance function and submit them 6. Hold regular coordination meetings with each of
to other Financial Services Institutions (FSI) that are the CMU within the CIMB Indonesia FC and monitor
members of the Financial Conglomerate. corrective actions on compliance issues faced by each
member of the CIMB Indonesia FC, including follow-
IMPLEMENTATION OF INTEGRATED COMPLIANCE up actions on audit findings from the Regulator;
ACTIVITIES IN 2025 7. FCHC and members of the CIMB Indonesia FC
1. Each CMU within the CIMB Indonesia Financial conduct self-assessments of the Implementation of
Conglomerate shall prepare and submit a periodic Compliance Risk Management in accordance with
Compliance Report to the Compliance Supervisory regulations and internal methodologies.
Board (ICU);
2. The ICU shall prepare and submit:
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Highlights Reports Profile Discussion & Analysis Management
Compliance Self-Assessment Description
Risk Profile Rating
Bank CIMB Niaga 2/Low Moderate Taking into account the Bank’s business activities, the possibility of losses from Compliance Risk
are considered low for a specific period in the future. The quality of Compliance Risk management
implementation is adequate. Any minor weaknesses are resolvable in the normal course of
business.
CIMB Niaga Auto 2/Low Moderate Taking into account the business activities of CNAF, possible losses from Compliance Risk is
Finance (CNAF) considered low for a specific period in the future. The quality of Compliance Risk management
implementation is adequate. Any minor weaknesses are resolvable in the normal course of
business.
CIMB Niaga 2/Low Moderate Taking into account the business activities and organization of CNS, possible losses from
Sekuritas (CNS) Compliance Risk is considered low for a specific period in the future. The quality of Risk
Management implementation is quite adequate. Minimum requirements have been met, and any
minor weaknesses are resolvable in the normal course of business.
Dana Pensiun Bank 2/Low Moderate Taking into account the business activities of DaPen, the likelihood of losses from Compliance Risk
CIMB Niaga (DaPen) is considered low for a specific period in the future. The quality of Compliance Risk management
implementation is adequate. Any minor weaknesses are resolvable in the normal course of
business.
CONSOLIDATED/ 2/Low Moderate Taking into account the business activities carried out by the Financial Conglomerate, possible
INTEGRATED losses from Compliance Risk is considered low over a specific period of time in the future. The
quality of the composite Compliance Risk management implementation is adequate. Any minor
weaknesses are resolvable in the normal course of business.
INTEGRATED RISK MANAGEMENT
Due to the implementation of Integrated Risk Management for Financial Conglomerates as governed in Financial
Services Authority (OJK) Regulation (POJK) No. 17/POJK.03/2014, the Controlling Shareholder has designated CIMB Niaga
as the Financial Conglomerate Holding Company (FCHC). In this capacity, CIMB Niaga coordinates the assessment of
the effectiveness of risk management processes across the CIMB Indonesia Financial Conglomeration (CIFC). The CIFC
structure comprises PT Bank CIMB Niaga Tbk as the FCHC, and three Financial Conglomeration members, namely PT
CIMB Niaga Auto Finance (CNAF), PT CIMB Niaga Sekuritas (CNS), and Dana Pensiun Bank CIMB Niaga (DaPen).
The FCHC is required to form an Integrated Risk Management Committee (IRMC) and an Integrated Risk Management Unit
(IRMU) to ensure the comprehensive and effective implementation of integrated risk management, while considering
the characteristics and complexity of each CIFC member’s business. The IRMC is chaired by the FCHC’s Director of Risk
Management and consists of relevant senior management of the FCHC as well as the Directors overseeing the risk
management function of each Financial Services Institution (FSI) within the CIFC. Monitoring and evaluation of the CIMB
Indonesia Financial Conglomerate’s risk exposures are carried out through the IRMC and reported to the CIFC’s Risk
Management Committee.
IRMC MEMBERSHIP COMPOSITION IN 2025
Name Position Position at IRMC
Henky Sulistyo Risk Management Director – CIMB Niaga Chairman
Julius Wiantara Tjhioe Head of Operational Risk – CIMB Niaga Vice Chairman I
Jemy Kristian Soegiarto Head of Risk Analytics, Infrastructure & Sharia – CIMB Niaga Vice Chairman II
Antonius Herdaru Danurdoro Risk Management Director - CNAF Member
Diva Mahdi Head of Market Risk and Model Validation – CIMB Niaga Member
Koei Hwei Lien Head of Retail Credit Risk – CIMB Niaga Member
Sandi Maruto Head of ALM Risk – CIMB Niaga Member
Nieko Kusuma President Director – CNS Member
DUTIES AND RESPONSIBILITIES OF THE IRMC
1. Providing recommendations to the Board of Directors (BOD) of FCHC in the formulation of Risk Management Policies,
which also govern Integrated Risk Management, as well as Integrated Risk Management Procedures, including
improvements or enhancements to such policies and procedures based on the results of implementation evaluations.
2. Reviewing and coordinating the evaluation results on the implementation of integrated risk management, including
the Integrated Risk Profile Report and/or other reports generated from the integrated risk management information
system, as well as the methodologies applied.
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Further provisions governing the working procedures 3. Monitoring risks across the CIFC based on the results
of the IRMC are set out in the IRMC Terms of Reference of risk profile assessments of each FSI member as
(TOR). well as the integrated risk profile.
4. Developing and periodically reviewing the accuracy of
IMPLEMENTATION OF INTEGRATED RISK risk profile assessment methodologies, or as needed
MANAGEMENT when regulatory changes occur.
Throughout 2025, the implementation of integrated 5. Preparing and submitting the integrated risk
risk management activities included, among others, the profile and integrated minimum capital adequacy
following: requirement reports on a regular basis to Director of
1. FCHC‘s IRMU coordinated the submission of Risk Management, IRMC, and RMC of the Bank as the
Integrated Risk Profile Reports from each IRMU FCHC, prior to submission to the regulator.
members of CIFC to the regulator on a semi-annual
basis. The IRMU conducts continuous monitoring of the
2. IRMU, together with the Finance Unit, submitted the implementation of integrated risk management.
Integrated Minimum Capital Adequacy Requirement The results of such monitoring of risk exposures are
Report to the regulator on a semi-annual basis. subsequently reported to and evaluated by the IRMC and
Prior to submission, the report was presented to the reported to the RMC of the FCHC, in line with the IRMU’s
IRMC for recommendation and approval by the Risk efforts to comply with regulatory requirements on the
Management Committee (RMC) of the FCHC. implementation of integrated risk management.
3. Periodic coordination on the implementation of the
integrated risk management function by the FCHC for In 2025, key activities undertaken by the IRMU included:
FSIs within the CIFC, carried out together with IRMU 1. Periodic reviewed of risk management policies and
of each FSI member of the CIFC. procedures that serve as guidelines and references for
4. Submission of the Integrated Risk Profile Report to the implementation of integrated risk management.
all members of the IRMC to obtain recommendations 2. Reviewed of the methodologies applied in the self-
prior to approval by the RMC of the FCHC. assessment process of the risk profiles of each FSI
5. No significant events occurred within any FSI member member of the CIFC.
of the CIFC that could materially affect the overall risk 3. Improvement and alignment of risk management
profile of the CIFC. activities and frameworks at the FCHC level with the
implementation of risk management practices across
INTEGRATED RISK MANAGEMENT UNIT FSI members of the CIFC.
The Integrated Risk Management Unit (IRMU) performs 4. Preparation and submission of integrated risk profile
a coordinating function over the risk management reports and integrated minimum capital adequacy
units of each FSI within the CIFC. The authorities and requirement reports on a periodic basis to the IRMC
responsibilities of the IRMU include, among others: and RMC of the FCHC, for subsequent submission to
1. Providing input to the IRMC and the RMC of the FCHC, the regulator.
particularly in the formulation and implementation of
Integrated Risk Management policies and procedures. Further details regarding the implementation of
2. Providing information to the IRMC on matters integrated risk management are presented in the Risk
requiring follow-up actions, including any breach Management Chapter of this Annual Report.
or significant events occurring within FSI members
of the CIFC that may affect the conglomeration as a
whole.
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Organizational Structure of IRMU in CIMB Indonesia Financial Conglomerate
Board of
Commissioners of the
FCHC
Board of President Director
Directors of
the FCHC
Recommendation
Risk Management Integrated Risk
Other Directors
Director Management Committee
Integrated Risk
Management Unit
Integrated Risk
Profile Report
Coordination
Risk Management Unit of Risk Management Unit of Risk Management Unit of
Dana Pensiun
Bank CIMB Niaga
PT CIMB Niaga Auto Finance PT CIMB Niaga Sekuritas
POLICY ON INTRAGROUP TRANSACTIONS At the FCHC level, intragroup transaction risk
Intragroup transaction risk constitutes one of the risk management is governed by various policies, including
types that must be managed under the Integrated Risk the Risk Management Policy and the Legal Lending Limit
Management framework. This risk arises from direct or (LLL) Policy, as well as other relevant provisions. Clear
indirect dependencies between entities within a financial allocation of authorities and responsibilities has been
conglomeration, related to the fulfillment of obligations established and is coordinated under the Strategy &
under written or unwritten agreements, whether or not Finance Director, thereby ensuring effective oversight
such transactions involve the transfer of funds. and mitigation of intragroup risks.
Intragroup transaction risks may arise from, among others: In managing intragroup transaction risks, the FCHC
1. Cross-ownership among FSIs within the financial has conducted comprehensive processes of risk
conglomeration. identification, measurement, monitoring, and control
2. Centralization of short-term liquidity management. over the composition and fairness of transactions among
3. Guarantees, loans, and commitments extended members of CIFC. On a periodic basis, the Finance Unit
or received by one FSI from another FSI within the and the IRMU monitor intragroup transaction risks to
financial conglomeration. ensure compliance with applicable limits, including the
4. Exposures to the controlling shareholder, including LLL and the arm’s length principle.
loan exposures and off-balance sheet items such as
guarantees and commitments. The CIFC does not apply centralized liquidity
5. Placement, purchase, or sale of asset with other FSI management; intragroup support is non-binding;
within the same financial conglomeration. operational transactions where one company acts for or
6. Risk transfers through reinsurance arrangements. on behalf of another company within the conglomeration
7. Transactions undertaken to transfer third-party are minimal; and intragroup asset purchases or sales
risk exposures among FSI within the same financial are not material. From a documentation and fairness
conglomeration. perspective, intragroup transaction agreements are
8. Business cooperation or cross-selling arrangements adequately documented, and all transactions are
in the form of incentives or fees among FSIs. conducted on an arm’s length basis and in compliance
with applicable regulations. Exposures to the controlling
As part of active oversight, the Board of Commissioners shareholder relative to total capital, as well as exposures
and the BOD receive periodic reports on intragroup arising from customer asset placements with other
transactions. Each FSI within the financial conglomeration entities within the CIFC, are also not significant. In
has established adequate policies and procedures to addition, independent reviews are performed by the
ensure that intragroup transactions are managed in a Internal Audit Unit (IA), commensurate with the scale of
prudent and controlled manner. business and the complexity of intragroup transactions.
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Intragroup transaction risk constitutes one of the risk 3. Duties and responsibilities of the IG Committee;
assessment components in the Integrated Risk Profile 4. Duties and responsibilities of the ICU;
Report, which is reported on a periodic basis. As of 5. Duties and responsibilities of the IIA;
the end of 2025, the intragroup transaction risk profile 6. Implementation of Integrated Risk Management; and
remained assessed as low, with the significance of 7. Preparation and implementation of IG Guidelines,
intragroup transactions relative to the total assets of the while taking into account other information related
CIFC considered immaterial. to IG implementation.
IG IMPLEMENTATION ASSESSMENT REPORT The self-assessment process for IG implementation is
conducted by members of the IG Committee and the
IG IMPLEMENTATION ASSESSMENT METHOD IRMC Committee by evaluating the adequacy of the IG
Self-assessment of IG implementation is conducted every structure, process, and results for each assessment
semester in accordance with OJK Circular Letter (SEOJK) factor and considering other significant and relevant
No. 15/SEOJK.03/2015 regarding the Implementation of information regarding governance implementation.
IG for Financial Conglomerates. The assessment consists
of three aspects of IG, namely Structure, Process, and In addition, during the self-assessment of the
Outcome, for the following seven IGC Implementation implementation of IG, the Bank, as the FCHC, also
Assessment Factors: considers data and other information obtained from
1. Implementation of the duties and responsibilities of other work units, such as Risk Management, the Internal
the BOD of FCHC; Audit Unit, the Corporate Secretary, Human Resources,
2. Implementation of the duties and responsibilities of Anti-Fraud Management, Operational Risk Management,
the BOC of the FCHC; and work units within subsidiaries. These data are used as
validation factors in the assessment of IG implementation
within the CIMB Indonesia Financial Conglomerate.
IG IMPLEMENTATION ASSESSMENT RESULTS
The assessment results for the IG implementation for the S1 and S2 period in 2025 are as follows:
Result of the Self-Assessment on the Integrated Governance Implementation
Rating Rating Definition
The Financial Conglomerate is considered to have implemented IG that is generally good, as reflected in the
2 (GOOD)
adequate fulfillment of the application of IG principles.
The CIMB Indonesia Financial Conglomerate has been assessed as having implemented Integrated Governance
principles and frameworks that are generally good, encompassing the 7 (seven) assessment factors. This is reflected in
the adequate fulfillment of all three IG aspects: structure, process, and outcome. The completeness and effectiveness of
implementing adequate IG structures and infrastructure have resulted in generally good IG implementation outcomes
within the CIMB Indonesia Financial Conglomerate.
This is evident, among other things, through the execution of duties and functions by the IG Committee and the
IRMC Committee, supported by the implementation of the ICU, IIA and IRMU functions, as well as the alignment of
frameworks in implementing internal control, risk management, and compliance systems. The CIMB Indonesia Financial
Conglomerate conducts periodic self-assessments on the effectiveness of IG principle implementation and identifies
areas for improvement in the IG process. Generally, these improvement areas are not significant and can be resolved
through normal business actions by FCHC and/or FSI members within the CIMB Indonesia Financial Conglomerate.
The self-assessment process for implementation of IG is conducted through a questionnaire self-assessment by
respondents, consisting of management and executive officers in the FCHC and Subsidiaries. The questionnaire for the
self-assessment is also supported by a validation process by independent unit functions in the FCHC and subsidiaries
(such as Compliance, Internal Audit, Risk Management, Anti-Fraud Management, and others). In establishing a report
on IG implementation, the FCHC also coordinates discussions with all members of the CIMB Indonesia Financial
Conglomerate. The outcome and its report are presented to the IG Committee every semester for approval, to be
submitted to regulators.
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Sharia Business Unit Governance Report
POLICY ON GOVERNANCE IMPLEMENTATION 4. Professionalism: possessing competence, acting
Public demand for Sharia-compliant financial products objectively and independently from any influence /
and services has continued to grow from year to year. pressure, and demonstrating a strong commitment
This development has encouraged an increasing number to developing Sharia business.
of financial institutions to provide financing and financial 5. Fairness: fairness and equality in fulfilling the rights
services that adhere to Sharia principles. and interests of the stakeholders by the agreement
of applicable laws and regulations.
In response to this dynamic, CIMB Niaga established
Sharia Business Unit (SBU) as a manifestation of its GCG SELF-ASSESSMENT OF THE SBU
commitment to providing comprehensive Sharia-based Referring to Financial Services Authority Circular
products and services, while also supporting the growth Letter (SEOJK) No. 14/SEOJK.03/2025 regarding the
of the Islamic economy in Indonesia. The CIMB Niaga Implementation of Governance for Commercial Banks,
SBU continuously enhances service quality, product the self-assessment of sharia governance implementation
development, and operational efficiency. in the SBU is part of Bank’s overall governance self-
assessment and has been disclosed in the Governance
The Extraordinary General Meeting of Shareholders Chapter of this Annual Report.
(EGMS) of CIMB Niaga held on 26 June 2025 approved
the spin-off of the CIMB Niaga SBU into a separate legal GOVERNANCE STRUCTURE AND MECHANISM
entity under the name of PT Bank CIMB Niaga Syariah OF CIMB NIAGA SBU
(CIMB Niaga Syariah). CIMB Niaga targets the completion
of the UUS spin-off into a full-fledged Sharia Commercial GCG STRUCTURE OF CIMB NIAGA SBU
Bank by 2026. The governance structure of CIMB Niaga SBU consists of
the Sharia Supervisory Board and the Director of Sharia
One of the main focus of this initiative is the optimization Banking, who oversee several Groups in carrying out the
of Sharia Governance implementation, in alignment with operational business of SBU. All Sharia Governance organs
the principles of Good Corporate Governance (GCG) and of the Bank perform their duties and responsibilities in
full Sharia compliance. accordance with their respective functions.
LEGAL BASIS SHARIA GOVERNANCE MECHANISM
1. Laws of the Republic of Indonesia concerning Limited CIMB Niaga SBU implements Sharia Governance in
Liability Companies and Sharia Banking. its daily operational activities. The Sharia Governance
2. Regulations of the Financial Services Authority (OJK), mechanism refers to organizational management
Bank Indonesia Regulations, OJK Circular Letters, and principles and practices that are aligned with Sharia
Bank Indonesia Circular Letters relating to Sharia principles. Through this mechanism, CIMB Niaga SBU
Commercial Banks and Sharia Business Units. ensures that organizational activities and policies are
3. The Articles of Association of CIMB Niaga. consistent with Islamic ethical values and are embedded
within the structure and processes of the SBU organs and
GCG PRINCIPLES OF SBU their supporting units.
The management of Sharia financial business based
on GCG principles is expected to deliver positive All SBU organs and supporting units carry out their
contributions to all stakeholders. CIMB Niaga’s SBU respective roles and functions in accordance with
applies 5 (five) fundamental principles in its business applicable regulations and internal policies, thereby
activities, namely: enabling the continuous enhancement of Sharia
1. Transparency: transparency in presenting material Governance implementation.
and relevant information, and the decision-making
processes. SHARIA SUPERVISORY BOARD (SSB)
2. Accountability: the clarity and accuracy in presenting The SSB is tasked with providing advice and suggestions to
information regarding the Bank’s management, the Board of Directors (BOD) and overseeing the activities
conducted effectively by the objectives. of the Bank’s SBU in accordance with Sharia Principles.
3. Responsibility: management of the Bank in The SSB has the authority to supervise, oversee, issue
compliance with the prevailing laws and regulations sharia opinions, approve, and closely monitor all SBU
and sound SBU management principles. activities. The SSB is appointed and inaugurated by the
General Meeting of Shareholders (GMS) after receiving
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a recommendation from the National Sharia Council- iv. Providing consultations as required by the
Indonesian Ulema Council (DSN-MUI) and obtaining Nomination and Remuneration Committee.
approval from the OJK for a Fit and Proper Test. c. Members of the BOD, the BOC, and/or Bank
shareholders may also propose SSB candidates
SSB CHARTER to the Bank. Shareholders eligible to propose
The SSB Charter governs the guidelines, standards, and SSB candidates are one or more shareholders
code of ethics for the SSB to enhance the effectiveness representing at least 1/20 (one-twentieth) of the
of its daily functions, duties, and responsibilities, as well total voting shares.
as to establish high-quality standards for institutional 3. Procedures for Appointing SSB Members, including:
administrative management and SSB work outputs, for the a. The appointment of SSB members must obtain a
benefit of the SSB itself, the SBU, and other relevant parties. recommendation from the National Sharia Council-
Indonesian Ulema Council (DSN-MUI), be approved
The SSB of CIMB Niaga SSB has a SSB Charter that serves by the GMS, and have passed the Fit and Proper
as the primary reference in performing its duties and Test in accordance with OJK regulations regarding
responsibilities. The latest SSB Charter was updated in the Fit and Proper Test and the Implementation
July 2025 and is reviewed periodically in accordance with of GCG for Sharia Commercial Banks and Sharia
prevailing laws and regulations in Indonesia. Business Units, as well as meet other requirements
stipulated by other relevant agencies before being
The SSB Charter regulates, among others: declared effective as SSB members.
1. Accountability; b. The appointment of SSB members who have
2. Structure and Membership; been declared effective must be reported to the
3. Requirements and Appointment; OJK no later than 7 (seven) business days after the
4. Duties, Responsibilities, and Authorities; effective date of appointment, accompanied by
5. Authorities Arrangements and SSB Decision-Making the deed of the GMS.
Procedures; 4. Procedures for Dismissal, Replacement, and/or
6. Conflict of Interest; Resignation of SSB Members, including:
7. Transparency; a. Proposals for dismissal and/or replacement of
8. Ethics, Working Hours, and Prohibitions; SSB members submitted to the GMS must take
9. Working Relationship among SSB, the Board of into account the recommendations of the Bank’s
Commissioners (BOC), and the BOD; Nomination and Remuneration Committee.
10. Meetings; b. SSB members may be dismissed at any time
11. Term of Office; based on a GMS resolution, stating the reasons.
12. Resignation; and c. The dismissal or replacement of an SSB member
13. Performance Evaluation and Accountability. before the end of his/her term of office must be
approved by the OJK before being decided at the
MECHANISM OF APPOINTMENT, REPLACEMENT, GMS.
AND/OR RESIGNATION OF SSB MEMBERS d. SSB member may resign from his/her position
The provisions and mechanisms governing the selection, before the end of his/her term of office by
appointment, replacement, and/or resignation of SSB submitting a letter of resignation to the Bank,
members are as follows: along with the reasons for the resignation, no
1. Criteria for SSB Members later than 90 (ninety) days or 3 (three) months
SSB candidate members must, at a minimum, meet before the effective date of the resignation.
the requirements relating to integrity, competence, e. If the written notification is submitted less than
and good reputation, as stipulated under applicable 90 (ninety) days or 3 (three) months, the effective
laws and regulations. date of the resignation must be approved by the
2. SSB Member Selection Procedure SSB.
a. Identification and selection of SSB candidates f. In the event that a SSB member resigns resulting
may be conducted by an independent third party. in the number of SSB members becoming less
b. The independent third party assists the selection than 3 (three) people and the resignation has
process, including: been determined by the GMS and a new SSB
i. Identifying candidates who meet the member has been appointed, the resignation is
requirements; valid.
ii. Conducting interviews and selection of
qualified candidates;
iii. Acting as a liaison among the BOC, the
Nomination and Remuneration Committee, and
candidates during the selection and evaluation
process; and
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g. SSB member who resigns before the end of his/ 2. The replacement and/or appointment of all SSB
her term of office must still be accountable for members took into account recommendations from
the implementation of his/her duties from the the Nomination and Remuneration Committee and
time of his/her last accountability report until the obtained approval from the GMS.
effective date of the resignation at the nearest 3. All SSB members passed the Fit and Proper Test
Annual GMS (AGMS). conducted by OJK.
h. The dismissal and/or resignation of SSB members 4. None of the SSB members had family relationships
must be reported to the OJK no later than 7 up to the second degree with fellow SSB members,
(seven) working days after the dismissal and/or members of the BOC and/or BOD, or the Controlling
resignation becomes effective. Shareholder.
5. The term of office of SSB members commenced from
COMPOSITION, NUMBER, AND STRUCTURE OF SSB the date stipulated in the appointing GMS and ended
IN 2025 at the closing of the 3rd (third) AGMS following the
In 2025, the composition, number, and structure of CIMB appointment date, without prejudice to the GMS’s
Niaga’s SBB complied with prevailing regulations and the right to dismiss members at any time in accordance
SSB Charter, as follows: with the Articles of Association and applicable
1. The number of SSB members of CIMB Niaga consisted regulations, and members may be reappointed
of 3 (three) individuals, one of whom was appointed subject to prevailing provisions.
as Chairman of the SSB.
No Name Position GMS for Appointment BI/OJK Approval Last Reappointment Term of Office
1 Prof. Dr. M. Quraish Shihab, Chairman AGMS No. 11/260/DPbS AGMS 2023 - 2026
MA concurrently 23 April 2008 dated 11 February 2009 10 April 2023
Member
2 Prof. Dr. Fathurrahman Member EGMS No. 11/260/DPbS AGMS 2023 - 2026
Djamil, MA 19 December 2008 dated 11 February 2009 10 April 2023
3 Dr. Yulizar Djamaluddin Member AGMS No. 15/825/DPbS AGMS 2023 - 2026
Sanrego, M.Ec 28 March 2013 dated 10 June 2013 10 April 2023
FIT AND PROPER TEST
Under the SSB Charter, members of the SSB are appointed through a GMS and become effective only after such
appointment has been approved by the OJK and has obtained a recommendation from the DSN-MUI, as stipulated in
OJK Regulation (POJK) No. 2 of 2024 regarding the Implementation of Sharia Governance for Sharia Commercial Banks
and Sharia Business Units, and POJK No. 27/POJK.03/2016 regarding the Fit and Proper Test for Key Parties of Financial
Services Institutions, which requires prospective SSB members to obtain approval from the Financial Services Authority
prior to carrying out any actions, duties, and functions as members of the SSB.
All members of the CIMB Niaga SSB have successfully passed the fit and proper test without any remarks and have
obtained approval from OJK, indicating that all SSB members possess adequate integrity, competence, and financial
reputation.
SSB SHARE OWNERSHIP
All members of the Bank’s SSB do not own shares in the Bank, other financial institutions, or any other companies.
CONCURRENT POSITIONS HELD BY SSB MEMBERS
Based on POJK No. 12 of 2023 regarding Sharia Business Units, POJK No. 2 of 2024 regarding the Implementation of
Governance for Sharia Commercial Banks and Sharia Business Units, and the CIMB Niaga SSB Charter, SSB members
are prohibited from holding concurrent positions as follows:
a. as member of the BOD, or BOC, or Executive Officer at a financial institution or financial company, whether a bank
or non-bank;
b. as member of the SSB at more than 1 (one) Islamic commercial bank or other Islamic business unit;
c. as member of the SSB at more than 2 (two) financial institutions other than Bank;
d. as member of the BOD, member of the BOC, SSB, or Executive Officer at more than one non-financial institution or
company, whether domiciled in Indonesia or abroad;
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e. in functional duties at a banking financial institution 5. Issuing Sharia opinions on new products and/or
and/or non-banking financial institution domiciled in restructured Sharia-related financing, with reference,
Indonesia or abroad; among others, to DSN-MUI fatwas and regulations
f. as a public official; governing the implementation of Sharia Principles
g. in other positions that may give rise to a conflict of and business activities of Sharia Commercial Banks
interest in carrying out duties as a member of the and Sharia Business Units.
SSB; and/or 6. Conducting periodic reviews of compliance with Sharia
h. in other positions in accordance with statutory Principles in the concepts of contracts/agreements/
provisions. application forms for new Bank products.
7. Coordinating with fatwa authorities and/or regulators,
The prohibition on holding concurrent positions as as necessary.
referred to above does not apply if SSB members: 8. Serving as members of committees supporting the
a. serve as members of the BOD, members of the duties of the Board of Commissioners, in order to
BOC, or Executive Officers performing supervisory support the implementation of Sharia Governance.
functions in 1 (one) non-bank subsidiary controlled 9. Submitting semi-annual SSB supervision reports to
by the Bank; OJK no later than 2 (two) months after the end of each
b. hold positions in non-profit organizations or semester. The SSB supervision report is also submitted
institutions; and/or to the BOD and the President Commissioner.
c. serve as SSB member in another Bank and/or as
member of SSB in a non-bank financial institution MANAGEMENT OF CONFLICTS OF INTEREST OF
that is part of the Bank’s financial conglomeration, THE SSB
provided that such positions do not result in the The SSB Charter regulates conflicts of interest with
neglect of duties and responsibilities as SSB members. reference to POJK No. 17 of 2023 regarding the
Implementation of Governance for Commercial Banks,
At the time the aforementioned POJK came into force: which stipulates that in the event of a conflict of interest,
a. SSB members holding concurrent positions that SSB members are prohibited from taking actions that
are prohibited under Article 12 paragraph (1) may may harm the Bank or reduce the Bank’s benefits and
continue to hold such positions until the end of their are required to disclose any conflict of interest in every
respective terms of office; and decision.
b. SSB members serving more than 2 (two) consecutive
terms as referred to in Article 14 paragraph (3) may In the event of a conflict of interest, the procedures to be
continue to serve until the end of their current term. followed by SSB members are aligned with the procedures
applicable to members of the BOC, as disclosed in the
Information regarding concurrent positions held by SSB Corporate Governance Chapter, subsection BOC, of this
members of CIMB Niaga is disclosed in the Company Annual Report.
Profile Chapter of this Annual Report.
PERFORMANCE ASSESSMENT OF THE SSB
DUTIES, RESPONSIBILITIES, AND AUTHORITIES OF
THE SSB POLICIES AND PROCEDURES FOR PERFORMANCE
The duties, responsibilities, and authorities of the SSB, as ASSESSMENT OF THE SHARIA SUPERVISORY BOARD
regulated in the SSB Charter, include, among others: The evaluation and measurement of the performance
1. Performing duties and responsibilities in accordance of the SSB are conducted annually (at least once a year),
with the principles of Good Corporate Governance. covering:
2. Supervising, in the interest of the Bank, policies and 1. Collegial performance assessment of the SSB;
management activities carried out by the BOD to 2. Individual performance assessment of each SSB
ensure compliance with Sharia Principles, assuming member; and
responsibility for such supervision, and providing 3. Performance assessment of the Chair of the SSB.
advice to the BOD, including issuing Sharia opinions
on the Bank’s activities. At the end of 2025, the Bank carried out a performance
3. Assessing and ensuring compliance with Sharia evaluation of SSB with the assistance of an independent
Principles in operational guidelines and Sharia- third party using an online survey distributed to each SSB
related products issued by the Bank. member. Both the process and results of the assessment
4. Directing, monitoring, and evaluating the are carried out confidentially and anonymously
implementation of Sharia Governance, including (independently). The results of this performance
the application of Sharia compliance, Sharia risk assessment are expected to provide input for improving
management, and Sharia internal audit in an SSB performance in the future.
integrated manner.
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PERFORMANCE ASSESSMENT CRITERIA FOR THE RESULTS OF THE 2025 SHARIA SUPERVISORY
SHARIA SUPERVISORY BOARD BOARD PERFORMANCE ASSESSMENT
The SSB performance assessment applies the following In 2025, the results of the SSB performance assessment,
criteria: both collegial and individual, are as follows:
Collegial Individual Performance
1. Collegial Performance Assessment Criteria of the Performance Assessment SSB Chairman
Assessment (Average)
SSB
4.7 (Exceptional) 4.63 (Outstanding) 4.5 (Outstanding)
a. Effectiveness of the role of the SSB
b. Effectiveness in the performance of duties and
responsibilities The Bank’s commitment to implementing GCG principles
c. Composition of the SSB is one aspect assessed in the collegial performance
d. Effectiveness of meetings, work ethics, and SSB assessment of the SSB. In 2025, the SSB’s assessment
dynamics of GCG implementation was 4.7 (Exceptional).
e. Implementation of GCG and sustainability
principles Range Table
f. Effectiveness of implementation and control of Composite Score Composite Predicate
Sharia compliance
≥ 4.7 Exceptional
2. Individual Performance Assessment Criteria of 4.0-4.6 Outstanding
Each SSB Member 3.7-3.9 Exceed Expectation
a. Competence and capability
3.0-3.6 Meet Expectation
b. Effectiveness in the performance of duties and
< 3.0 Need Improvement
responsibilities
3. Performance Assessment Criteria of the Chair of AFFILIATED RELATIONSHIP BETWEEN SSB,
the SSB THE BOARD OF COMMISSIONERS, AND
a. Effectiveness in the performance of duties and BOARD OF DIRECTORS
responsibilities Information on the SSB’s affiliation with the BOC and BOD
b. Leadership in 2025 has been presented in the Corporate Governance
Chapter of this Annual Report.
THE PARTIES CONDUCTING THE PERFORMANCE
ASSESSMENT OF THE SHARIA SUPERVISORY BOARD SSB MEETINGS
The parties conducting the SSB performance assessment The SSB Charter states that SSB meetings are held
are as follows: periodically, at least once a month, with the main
topics being strategic and operational policies and
1. Collegial SSB Performance Assessment decisions. These meetings are intended to carry out their
Conducted by each SSB member assessing the overall supervisory function and provide advice and suggestions
performance of the SSB. to the BOD and SBU Management regarding Sharia
matters to ensure compliance with Sharia principles.
2. Individual Performance Assessment of Each SSB
Member The SSB is required to hold joint meetings with the BOD
Each SSB member provides an assessment of every and BOC at least once every 4 (four) months.
other SSB member.
In line with the implementation of #WokkFromHeart at
3. Performance Assessment of the Chair of the SSB the Bank, 12 (twelve) SSB meetings were held monthly
Conducted by each SSB member assessing the throughout 2025. Meetings are held in person, virtually,
performance of the Chair of the SSB. or in a hybrid format, with at least two in-person meetings
held annually, with attendance details as shown in the
The results of the performance assessment are table below. Details of the SSB meetings with the BOD
submitted to the Nomination and Remuneration and the BOC in 2025 are presented in the Corporate
Committee and the SSB. Subsequently, the Nomination Governance Chapter, sub-chapter on the BOC and the
and Remuneration Committee presents and discusses BOD, in this Annual Report.
the entire SSB performance assessment results at the
Board of Commissioners’ meeting. The outcomes of the
discussion are followed up through improvements and/
or action plans, where necessary.
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SSB Meeting Joint Meeting of SSB and BOC Joint Meeting of SSB and BOD
Name Average Average
Attendance Attendance Attendance Attendance Attendance Attendance Attendance
Attendance Attendance
Frequency Rate Frequency Rate Frequency Frequency Rate
Rate Rate
Prof. Dr. M.
Quraish Shihab, 12/12 100% 3/3 100% 3/3 100%
MA
Prof. Dr.
Fathurrahman 11/12 91.67% 97.22% 3/3 100% 100% 3/3 100% 100%
Djamil, MA
Dr. Yulizar
Djamaluddin 12/12 100% 3/3 100% 3/3 100%
Sanrego, M.Ec
In addition to holding meetings, SSB also held an final meeting to review Sharia compliance with the following details:
Date Material of Discussion
25 April 2025 Final Meeting Review of Sharia Compliance for iB Mortgage in the Palembang Area,
iB Fundraising and KCS Services in Palembang
10 October 2025 Final Meeting Review of Sharia Compliance for Emerging Business Banking iB Cirebon Area,
iB Fundraising and KCS Cirebon Services
19 December 2025 Final Meeting Review of Sharia Compliance for Mortgage iB KCS Banjarmasin,
iB Fundraising and KCS Banjarmasin Services
SSB EDUCATION AND TRAINING
Data on SSB member training in 2025 is included in the Company Profile chapter of this Annual Report.
FREQUENCY, ADVICE AND SUGGESTION PROVISION, AND SUPERVISION OF COMPLIANCE WITH
SHARIA PRINCIPLES IN 2025
The SSB submits its Supervisory Board Report to CIMB Niaga management every 6 (six) months. Management then
submits the SSB Report to the OJK. In 2025, the submission of the SSB Report to the OJK were as follows:
Period Letter Number Date
2nd Half of 2024 010/PD/UUS/II/2025 6 February 2025
1 Half of 2025
st
098/PD/UUS/VIII/2025 19 August 2025
Throughout 2025, the SSB also implemented several 5. Supported the implementation of the Standard
work programs, including: Operating Procedure for Sharia Non-Compliance
1. Conducting Sharia compliance reviews, including: Incident Management to strengthen sharia
a. Fundraising and services for KCS Palembang. supervision/review as a form of implementing good
b. iB Mortgage Financing in the Palembang Area. sharia governance.
c. Fundraising and services for KCS Cirebon. 6. Actively contributed to the PSNC (Potential Sharia
d. iB Mortgage Financing in the Cirebon Area. Non-Compliance) Forum through SSB’s opinions on
e. Fundraising and services for KCS Banjarmasin. sharia compliance review findings and Sharia Internal
f. iB Mortgage Financing in KCS Banjarmasin. Audit findings.
2. Submitting the SSB Supervisory Report (LHP) for the 7. Issuance of the SSB’s Opinion Sheet as a guideline for
following periods: compliance with sharia principles.
a. 2nd Half of 2024, submitted in February 2025. 8. Evaluated the BOD’s accountability regarding the
b. 1st Half of 2025, submitted in August 2025. implementation of sharia risk management.
3. Contributing to Sharia GCG through the 2025 GCG 9. Evaluated risk management policies and procedures
Self-Assessment in accordance with applicable to ensure compliance with sharia principles.
regulatory requirements. 10. Financial literacy at several campuses:
4. Sharia Governance & Compliance Refreshment a. Raden Fatah State Islamic University, Palembang.
sessions were held three times: in April in Palembang, b. Muhammadiyah University, Cirebon.
October in Cirebon, and December in Banjarmasin. c. Darussalam Islamic Institute, Martapura.
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DIRECTOR OF SHARIA BANKING CRITERIA
CIMB Niaga’s SBU is led by the Director of Sharia Banking, The criteria for the Director of Islamic Banking refer
who is fully responsible for the implementation of sharia to, among other, POJK No. 12 of 2023 regarding Sharia
business management based on prudential principles Business Units, Bank Indonesia Regulation No. 14/6/
and sharia principles. In 2025, the Director of Sharia PBI/2012 regarding the Fit and Proper Test for Sharia
Banking is held by Pandji P. Djajanegara, based on Banks and Sharia Business Units, and Bank Indonesia
the resolution of the AGMS on 15 April 2016, and has Circular Letter No. 14/25/DPbS regarding the Fit and
received approval from the OJK through letter No. SR-27/ Proper Test for Sharia Banks and Sharia Business Units.
PB.13/2016 dated 4 October 2016. The criteria that must be met candidate Directors of
Islamic Banking include the following:
Following the SBU spin-off plan, the resignation of Mr. Pandji 1. Possess integrity, competence, and a good financial
P. Djajanegara was approved at the EGMS on 26 June 2025, reputation as required by applicable regulations;
and will be effective on the effective date of the SBU spin-off. 2. Possess a commitment to developing sound Sharia
banking operations;
PROFILE OF THE DIRECTOR OF SHARIA BANKING 3. Possess sufficient knowledge and understanding of
Sharia banking operations;
4. Possess knowledge and expertise in banking
operations, Sharia banking, finance, or Sharia finance;
5. Possess the ability to conduct strategic management
to develop a healthy and resilient SBU.
Complete information regarding the duties and
responsibilities of the Director of Sharia Banking is
presented in the Directors sub-chapter within the Corporate
Governance Report chapter of this Annual Report.
Pandji P. Djajanegara
Sharia Banking Director
The complete profile is presented in the
Profile of the Board of Directors.
LIST OF CONSULTANTS AND ADVISORS
No Consultant Services
1 LPPI Spin-Off Licensing Process Assistance
2 Alvarez & Marsal PMO Vendor Management – Spin-Off Project
3 EY (Ernst & Young) Tax & Accounting Opinion (IMBT)
4 KPMG (Klynveld Peat Marwick Goerdeler) Accounting Opinion (Inventory Purchase iB)
5 Deloitte Tax & Accounting Opinion (Inventory Purchase iB)
6 Bagus Enrico & Partners Providing LDD services related to the Vendor PKS (Vendor Management - Spin-Off Project)
7 Hadiputranto, Hadinoto, & Partners Consultation regarding spin-off documents
INTERNAL FRAUD AND SETTLEMENT EFFORTS
In 2025, there were no internal frauds with a value exceeding Rp100,000,000 (one hundred million Rupiah), according
to reports from the Anti-Fraud Management Unit.
Number of cases committed by
Board of Commissioners Non-Permanent
Internal Fraud Cases Permanent Employee
and Board of Directors Employee
2025 2024 2025 2024 2025 2024
Resolved - - - - - -
In the Process of Internal Resolution - - - - - -
Unresolved - - - - - -
Followed-up by Legal Proceedings - - - - - -
Total Fraud - - - - - -
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LEGAL ISSUES (CIVIL AND CRIMINAL) AND SETTLEMENT EFFORTS
Throughout 2025, the legal issues of CIMB Niaga SBU were only related to civil cases, with no criminal cases, as outlined
in the table below:
Civil Criminal
Legal Cases
2025 2024 2025 2024
Settled cases (final and legally binding) 10 9 2 -
Cases in the Settlement Process (as of December) 20 17 1 1
Total Cases 30 26 3 1
TRANSPARENCY OF FINANCIAL AND NON-FINANCIAL CONDITIONS
Transparency of the SBU’ financial and non-financial conditions is implemented in conjunction with the Bank, as
explained in the Corporate Governance Report Chapter of this Annual Report.
NON-HALAL REVENUE AND ITS UTILIZATION
In 2025, there were no non-halal receipts.
FUND DISTRIBUTION FOR SOCIAL ACTIVITIES
During 2025, CIMB Niaga’s SBU utilized Benevolent Funds for the following social objectives:
1. Donations amounting to Rp10,533,625,750.00.
2. Other Uses for the Public Interest Rp423,738,038.88.
The Benevolent Funds were distributed in synergy with social and humanitarian institutions, religious institutions, and
educational institutions for 253 (two hundred and fifty three) activities/programs with a total of 7,192 (seven thousand
one hundred ninety-two) beneficiaries. The total distribution of the Benevolent Funds is Rp10,533,625,750.00. This
distribution is grouped into 6 (six) sectors with the following details:
Distribution Sector Number of Activities/Beneficiaries Donation (Rp)
Economic Empowerment 8/41 486,573,000
Education 48/476 1,260,066,060
Infrastructure 105/141 3,689,773,468
Health 20/721 1,427,693,281
Social 71/5,812 3,571,919,941
Environment 1/1 97,600,000
Total 253/7,192 10,533,625,750
Several flagship programs implemented in collaboration b. Living Cost Assistance for Students at Semarang State
with partner institutions across five priority funding University – Muhammadiyah University of Yogyakarta.
sectors in 2025, include:
3. Infrastructure
1. Economic Empowerment a. Construction of Indramayu Mall Mosque – PT Ada
a. Provision of Capital for Potato Farming in Mall Indramayu.
Pengalengan area, Bandung, covering 1 hectare b. Finishing the renovation of the Mahabbah prayer
of land for 20 beneficiaries – BaitulMaalku room at Panakukang Mall - PT Margamas Indah
Foundation. Development.
b. Working Capital Assistance for MSME Traders c. Construction of Hayfalah Mosque - Insan Mandiri
at Batununggal Market, Bandung, for 30 Riau Foundation.
beneficiaries – Batununggal Modern Market
MSME Empowerment Committee. 4. Health
c. Working Capital Assistance for Butternut Squash a. Mass Circumcision for Remote Areas - Assistance
Farmer Groups – Creative Media Clinic Foundation. in Procurement of Medical Equipment Packages,
d. Training and Capital for Opening a Cupping Disposable Medical Supplies, Gifts, and Assistance for
Practice – BaitulMaalku Foundation. 200 Children - Amanah Rufaidah Peduli Foundation.
b. Payment of Mobile Clinic at AMC Muhammadiyah
2. Education Hospital - AMC Muhammadiyah Hospital.
a. Living Cost Assistance for Students at Semarang
State University – Semarang State University.
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5. Social Affairs d. Disaster relief for North Sumatra, West Sumatra,
a. Assistance for Flood Victims in the name of Citra and Aceh – Laznas Nurul Hayat, Laznas DT Peduli,
Nu Syarah and Ni Made Ayu Mei Anjarsari - KCS and Rufaidah Humanity Care.
Denpasar.
b. Assistance to Aisyiyah Orphanage for Girls in West 6. Environment
City (Solo). Mangrove and Coral Reef Planting in the Seribu
c. Assistance for Flood Victims in Bireuen Regency Islands – CIMB Niaga SBU in collaboration with the
and Surrounding Areas - KCS Bireun. Payung Island Nature Lovers Community, Seribu
Islands.
Transparency of Bad Governance Practices
Throughout 2025, CIMB Niaga did not conduct any actions or policies related to Bad Corporate Governance practices,
in line with the Bank’s efforts to implement the principles of Good Corporate Governance, as shown in the table below:
No Description Practice
1 Reports on Bank activities that pollute the environment Nil
2 Significant legal proceedings being faced by the Bank, subsidiaries, members of the Board of Directors and/or members Nil
of the Board of Commissioners who are currently serving, are not disclosed in the Annual Report
3 Non-compliance in disclosing the fulfillment of tax liabilities Nil
4 Inconsistency in the presentation of the Annual Report and Financial Statements with applicable regulations and Financial Nil
Accounting Standards
5 No disclosure on the operating segments in the Financial Statement Nil
6 Inconsistency between the hardcopy and digital Annual Report Nil
7 Labor and employment cases Nil
Governance in Strengthening a Long-Term
Strategy with Integrity and Sustainability
Through the supervisory roles of the Board of Commissioners strategies, in alignment with the principles of integrity,
and the Sharia Supervisory Board, as well as the strategic prudence, and sustainability.
direction of the Board of Directors, CIMB Niaga’s business
planning process is developed comprehensively, taking into Throughout 2025, the governance framework was
account business resilience, disciplined risk management, implemented consistently and in an integrated manner
and the Bank’s ability to respond to the continuously to ensure that all strategic initiatives remained aligned
evolving dynamics of the banking industry. Furthermore, with the Bank’s long-term objectives, while strengthening
CIMB Niaga consistently positions the implementation of sound financial and non-financial performance,
good corporate governance as the primary foundation enhancing organizational resilience, and creating
in the formulation and execution of the Bank’s long-term sustainable value for Stakeholders amid changes in the
economic and industry environment.
Culture of Integrity and
Sustainability as Operational Pillars
CIMB Niaga upholds a set of core cultural values embodied of good corporate governance plays a vital role in shaping
in EPICC, which are internalized through various and embedding the values of integrity and sustainability
policies, codes of conduct, and leadership practices within the Company’s culture, and is clearly reflected
that emphasize professionalism, compliance, and in all business processes and the Bank’s day‑to‑day
responsibility toward Stakeholders. The implementation operational activities.
612 PT BANK CIMB NIAGA TBK 2025 Annual Report
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Throughout 2025, the strengthening of the Bank’s culture capital across all work units. Each line of the organization
was supported by various internal programs designed conducts its business activities by upholding the principles
to promote ethical behavior, reinforce disciplined risk of prudence, compliance with applicable regulations, and
management, and enhance the competencies of human a strong commitment to responsible business practices.
Leadership in Maintaining Reporting
Integrity and Credibility
CIMB Niaga’s Management ensures the reliability, performed their duties independently and objectively in
consistency, and integrity of its reporting through the assessing the adequacy and ensuring the effectiveness
implementation of an adequate internal control system of internal controls, risk management, and the quality of
and the execution of effective oversight functions information disclosed to the public.
in accordance with the principles of good corporate
governance. The Board of Directors and the Board of The Bank is also subject to an audit of its Annual Financial
Commissioners, supported by the Committees and Statements by an independent auditor, as well as a limited
relevant work units, carry out their respective roles assurance process for the Sustainability Report involving
and responsibilities in overseeing the preparation of an independent auditor. These mechanisms aim to ensure
the Financial Statements, the Annual Report, and the that all information disclosed to the public is presented in
Sustainability Report. This oversight is conducted to ensure a transparent, fair, accurate, and accountable manner, in
compliance with applicable financial accounting standards, line with the principles of transparency and accountability.
regulations issued by the Otoritas Jasa Keuangan (OJK),
prevailing laws and regulations, as well as best‑practice Through the implementation of reporting practices that
disclosure and transparency standards. Throughout 2025, uphold integrity and accountability, CIMB Niaga continues
the internal audit function, risk management function, to strengthen stakeholder confidence while supporting
and the committees under the Board of Commissioners sustainable long‑term value creation.
Statement on Implementation of
Good Governance Principles
The Board of Commissioners, the Sharia Supervisory All CIMB Niaga’s personnel understand and fully uphold
Board, the Board of Commissioners, and all employees our responsibility to enforce the Bank’s Governance
of CIMB Niaga reaffirm our commitment to consistently commitments. CIMB Niaga believes that consistent
applying the principles of GCG in every aspect of the application of Governance principles will strengthen
Bank’s business activities. CIMB Niaga also ensures organizational performance, enhance public trust, deliver
that throughout the reporting year, there were no added value to stakeholders, and support the Company’s
material violations of the prevailing laws and regulations. long-term sustainability.
The implementation of GCG is realized through the
development of effective and sustainable policies,
procedures, and oversight mechanisms.
Didi Syafruddin Yahya Lani Darmawan
President Commissioner President Director
PT BANK CIMB NIAGA TBK 2025 Annual Report 613
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08
Corporate
Social
Responsibilities
614 PT BANK CIMB NIAGA TBK 2025 Annual Report
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Corporate Social Responsibilities 614
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Corporate Social Responsibilities
Information on our corporate social responsibility (CSR)
activities are provided in the 2025 Sustainability Report,
which is published as a separate report and submitted
concurrently with this Annual Report, in accordance with
SEOJK No. 16/SEOJK.04/2021. The information in this
Annual Report and the 2025 Sustainability Report is
complementary.
616 PT BANK CIMB NIAGA TBK 2025 Annual Report
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09
Office Network Addresses 617
Other
Corporate
Data PT BANK CIMB NIAGA TBK 2025 Annual Report 617
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Office Network Addresses
Wisma Pondok Indah
HEAD OFFICE SOUTH JAKARTA
Wisma Pondok Indah I Lt. Dasar suite G01
Jl. Sultan Iskandar Muda Kav. V - TA
Graha CIMB Niaga Stock Exchange Building
Pondok Indah Jakarta Selatan 12310
Jl. Jend. Sudirman Kav. 58 Gd. BEJ Tower 2 GF Suite G 03-04
Jakarta Selatan 12190 Jl. Jend. Sudirman Kav.52-53 Jakarta 12190
South Quarter
Telp. : (021) 250 5050
South Quarter Dome Lt. LG 21-23
Fax. : (021) 250 5458 Prudential Tower
Jl. RA Kartini Kav. 8 Cilandak Barat
Telex : 60876 nagaho ia, Prudential Tower, Ground Floor Unit
Jakarta Selatan 12430
60877 nagaho ia Office 2 & 6, Jl. Jend. Sudirman Kav. 79,
Web : www.cimbniaga.com Jakarta 12910
E-mail : corporate.secretary
Sentraya
@cimbniaga.co.id Wisma Metropolitan
Menara Sentraya Jl. Iskandarsyah II No. 2
Telex : 60875, 60876, 60877 Wisma Metropolitan II
Kebayoran Baru Jakarta 12160
Swift : BNIDJA Jl. Jend. Sudirman Kav. 29-30 Jakarta 12920
Permata Hijau
Menara Satrio
CONVENTIONAL Menara Standard Chartered Unit GF 3-5
Jl. Komp.Permata Hijau Blok D No. 30
RT 15/RW 12 Jakarta Selatan 12210
BRANCHES Jl. Prof Dr. Satrio Kav. 164 Karet Semanggi
Setiabudi Jakarta Selatan 12930
Fatmawati 20
DKI JAKARTA Jl. RS. Fatmawati No. 20 RT.001/03
Tebet
Kel. Cipete Selatan Kec. Cilandak
CENTRAL JAKARTA Jl. Prof Dr Soepomo 47 Kec. Tebet
Jakarta Selatan 12410
Kel. Tebet Barat Jakarta Selatan 12810
Sentral Senayan II Melawai
Gedung Sentral Senayan II GF Unit No. 201 D L Avenue
Jl. Melawai Raya No. 50 Jakarta 12130
Jl. Asia Afrika No. 8 Senayan Gedung L’Avenue
Jakarta Pusat 10270 Jl. Raya Pasar Minggu Kav 16 Kel. Pancoran
Warung Buncit
Kec . Pancoran Jakarta 12780
Jl. Mampang Prapatan No. 101 Jakarta 12790
Senayan City
Mall Senayan City unit 6-04 Lt. 6 Mall Ambassador
Kemang Raya
Jl. Asia Afrika Ruko Mall Ambasador No. 12 a
Jl. Kemang Raya No. 2 Bangka Mampang
Jl. Satrio RT 08/03 Jakarta 12950
Prapatan Jakarta 12730
Plaza Sinar Mas Land
Plaza Sinar Mas Land Tower 3 GF Menara Jamsostek
Bintaro Sektor I
Jl. MH Thamrin No. 51 Jakarta 10350 Gedung Menara BP Jamsostek,
Jl. Bintaro Raya Blok E 15-16
Menara Utara, Lt. 1, Jl. Gatot Subroto No.
Bintaro Jaya Sektor I Jakarta 12320
Gajah Mada Kav. 38, RT.6/RW.1, Kel. Kuningan Barat,
Jl. Gajah Mada No. 18 Jakarta 10130 Kec. Mampang Prapatan,
Jakarta Selatan 12710.
WEST JAKARTA
Cikini
Jl. Cikini Raya No. 71A Jakarta 10330 Kuningan Plaza
Sawah Besar
Kuningan Plaza South Tower Suite 101
Jl. S. Wiryopranoto No. 9 Jakarta Barat 11160
Gambir Jl. HR Rasuna Said Kav. C11-14
Jl. Kwitang No. 17-18 Gambir Jakarta 10110 Jakarta Selatan 12940
Lindeteves Trade Center
Gedung Lindeteves Trade Center GF-2
Kebon Sirih Tempo Scan
Blok RA 38 & 39 Jl. Hayam Wuruk No. 127
Jl. Kebon Sirih No. 33 Jakarta 10340 Tempo Scan Tower Lt. 2. Jl. HR Rasuna Said
Kav.3-4. Jakarta Selatan 12950
Hayam Wuruk
Menteng Jl. Hayam Wuruk No. 87 Jakarta 11150
Jl. Hos Tjokroaminoto No. 81 Setiabudi
Jakarta Pusat 10310 Setiabudi building II lt.1 ruang 102b Jl. hr
Pintu Air
rasuna said kav. 62 kuningan Jakarta 12950
Jl. Pintu Air Raya No. 7 Blok A2 - 3
Wahid Hasyim Jakarta Pusat 10710
Jl.Wahid Hasyim No. 177 A-B Jakarta 10250 Pondok Indah Icon
Pondok Indah Office Park Gedung A
Pintu Kecil
Tanah Abang Blok A Unit GF 01 & 101 Jl.Metro Pondok Indah
Jl. Pintu Kecil No. 28 - 29 Jakarta Barat
Gedung Pasar Tanah Abang Blok A Lt. B1 Sektor 3 Pondok Indah
11230
(Basement 1) Los F No.086 dan 087 Jakarta Selatan 12310
Jakarta Pusat 10250 Jembatan Lima
Metro Pondok Indah
Jl. KH. M. Mansyur 79 - 79A Jakarta 11250
Cempaka Putih 68 Jl. Metro Duta Niaga Pondok Indah Plaza I
Jl. Letjend. Suprapto No. 68 Blok II UA Kav. 67-69 Jakarta 12310
Jakarta Pusat 10520
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Tomang Raya Bukit Gading Indah Pasar Induk Cipinang
Gedung Rabana Lt. Dasar & 1 Jl. Bukit Gading Raya Blok G/28 Komplek Pasar Beras Cipinang
Jl. Tomang Raya No. 48 A Jakarta Barat Kelapa Gading Barat Jakarta Utara 14240 Blok HA.15-16 Cipinang Jakarta Timur 13230
11430
Sunter Kalimalang
Cideng Jl. Sunter Paradise Blok F 20 No. 1-2 Sunter Jl. Tarum Barat Blok Q No. 2 Kalimalang
Jl. Cideng Barat No. 61 - 61A Jakarta 10150 Jakarta Utara 14350 Jakarta 13450
Roxy Mas Tanjung Priok Rawamangun Pratama
Komp. Roxy Mas Blok B 1 No. 4 Jl. Enggano Blok C Kav.11-I Gedung Pratama Jl. Pemuda No. 296
Jl. KH. Hasyim Ashari No. 125 Kel. Tanjung Priok kec. Tanjung Priok Rawamangun Jakarta 13220
Jakarta Pusat 10150 Jakarta Utara 14320
Pulo Gadung
Tomang Tol Pluit Jl. Rawa Terate II Gd. Poliklinik PT GIEP
Jl. Taman Kedoya Baru No. 8 Kedoya Selatan Jl. Pluit Sakti Raya No. 113-115 Kawasan Industri Pulogadung
Jakarta Barat 11520 Jakarta Utara 14450 Jakarta Timur 13930
Green Garden Jembatan Dua Pasar Induk Kramat Jati
Komplek Green Garden Blok Y 3 No 16, Kompleks Robinson-Jembatan Dua Ruko Pasar Induk Kramat Jati
Kel. Kedoya Utara, Kec. Kebon Jeruk, Jl. Jembatan Dua Raya Blok BJ - BL No. 82 Jl. Raya Bogor Uniko D2 No. 17 & 18
Jakarta Barat, 11520 Jakarta Utara 14450 Jakarta Timur 13510
Puri Indah Muara Karang
Komp. Ruko Sentra Niaga Puri Indah Blok T1 Jl. Muara Karang Raya No. 35-37 WEST JAVA
No. 26 - 27 Jakarta Barat 11610 Jakarta Utara 14450
BANDUNG
Kebon Jeruk Intercon Pantai Indah Kapuk
Komp. Intercon Plaza Blok F 12 - 12A Metro Broadway The Plaza Blok 9 AE-AF, Asia Afrika
Jl. Meruya Ilir Jakarta Barat 11630 Pantai Indah Utara 2, Kel. Kapuk Muara, Wisma CIMB Niaga
Kec. Penjaringan, Jakarta Utara 14460 Jl.Jend Gatot Subroto No. 2 Bandung 40262
Central Park
Ruko Garden Shopping Arcade Blok C 9 AH. Teluk Gong Setiabudi
Jl. S. Parman Kav.25 Jakarta 11470 Komp. Duta Harapan Indah Jl. Setiabudi No. 57 Kec. Sukasari
Jl. Kapuk Muara Blok D No. 3 Kel. Gegerkalong Bandung 40153
Mall Taman Anggrek Jakarta Utara 14460
Mal Taman Anggrek GF LOT VII Astana Anyar
Jl. S. Parman Kav.21 Jakarta Barat 11470 Kota Jl. Astana Anyar No. 115 Kec. Astanaanyar
Jl. Kopi No. 12 Jakarta Barat 11230 Kel. Cibabat Bandung 40241
Daan Mogot
Jl. Daan Mogot No. 6 E & F Mangga Dua Rutex Pajajaran
Jakarta Barat 11510 Ruko Textile Blok C6 No. 3 Jl. Pajajaran No. 85 Kel. Arjuna Kec. Cicendo
Jl. Arteri Mangga Dua Jakarta Utara 14430 Bandung 40173
Wisma Barito Pacific II
Gedung Wisma Barito Pacific II, Jayakarta Dago
Jl. Let. Jend. S. Parman,Kav. 62-63, Kel. Slipi, Jl. Pangeran Jayakarta 117 Blok A6 - 7 Jl. Ir. H. Juanda No. 165 Kel. Lebak Siliwangi
Kec. Palmerah, Jakarta Barat 11410 Jakarta Pusat 10730 Kec. Coblong Bandung 40115
Citra Garden 1 Otista
Perum. Citra Garden I Blok I 1 No. 15 EAST JAKARTA Jl. Otto Iskandar Dinata No. 102 Bandung
Kalideres Jakarta Barat 11840 40181
Matraman
Ruko Perkantoran Mitra Matraman Borma Dakota
NORTH JAKARTA Blok A1&2 Kel. Kebon Manggis, Jl. Dakota Raya No. 109 Kel. Sukaraja
Kec. Matraman, Jakarta Timur 13150 Kec. Cicendo Bandung 40175
Kelapa Gading TN
Jl. Bulevard Raya Blok TN II No. 1-4 Jatinegara Lembong
Kelapa Gading Jakarta Utara 14240 Komplek Bonagabe Blok A3-A4 Jl. Lembong No. 7 Bandung 40111
Jl. Raya Jatinegara Timur No. 101
Kelapa Gading LB Jakarta Timur 13430 Sumber Sari
Jl. Boulevard Raya LB 3 No. 34-36 Jl. Soekarno Hatta No. 132 A Bandung 40222
Kelapa Gading 14240
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Kopo Bihbul BOGOR Kemang Pratama
Jl. Kopo Bihbul No. 94 Bandung 40228 Ruko Kemang Pratama Blok MM-21F
Padjajaran Jl. Kemang Pratama Rawalumbu
Buah Batu Jl. Pajajaran No. 33 Bogor 16128 Bekasi 17116
Jl. Buah Batu No. 143
V Point Summarecon
Ahmad Yani Ruko V Point Jl. Pajajaran No. 1 ZA & ZB Komplek Graha Boulevar Summarecon
Jl. Terusan Jakarta B1 No. 77 H Kec. Bogor Timur Kel. Sukasari Bogor 16142 Bekasi Blok GB/B-5 Kel. Harapanmulya
Komp. Lucky Plaza Bandung 40292 Kec. Medan Satria Bekasi Jawa Barat 17143
Mayor Oking
Lingkar Selatan Jl. Mayor Oking No. 27 Blok A 4-6 Juanda
Jl. Peta No. 65 Bandung 40243 Cibinong 16900 Jl. Ir. H. Juanda No. 137 Bekasi 17140
Cisalak Pondok Gede
BANDUNG BARAT Jl. Raya Jakarta Bogor Km 31 RT 01/06 Ruko Pondok Gede Blok H 11-12
Cisalak Pasar Depok 16953 Jl Raya Pondok Gede No. 1 Bekasi 17411
Lembang
Jl. Raya Lembang No. 274 Lembang 40391 Cileungsi
Jl. Raya Narogong Cileungsi KARAWANG
Kota Baru Parahyangan Ruko Griya Kenari Mas Blok I No. 20-21
Bumi Paranggelung - Businees & Office Park Cileungsi 16820 Tuparev
Jl. Panyawangan Kav. 6 A Nomor 5A-B Jl. Tuparev No. 150 Kel. Nagasari
Kota Baru Parahyangan Padalarang Juanda Kec. Karawang Kab. Karawang
Jl. Ir. H. Juanda No. 12 Bogor 16121 Jawa Barat 41312
CIMAHI Plaza Niaga Sentul
Plaza niaga sentul 1 blok a No. 1 sentul city Rolling Hills
Raya Tagog Pacific Plaza Boulevard South Park One
Jl. Raya Tagog No. 256 Cimahi 40525 Cibubur Kota Wisata SOHO No. 029, Karawang
Kota Wisata Cibubur
Boulevard Kota Wisata Komp. Ruko Sentra Suryacipta
GARUT Eropa Type ruko Travalgar Square blok SE G The Manor Office Tower,
No. 1 & 2 Kel. Ciangsana Kec. Gunung Putri Suryacipta Square Unit #L1-C,
Ahmad Yani Bogor 16968 Jl Surya Utama Kav C-1,
Jl. Jend. Ahmad Yani No. 29 Garut 44117 Suryacipta City of Industry Kutamekar,
Cibubur Citra Grand Ciampel, Karawang 41363, Jawa Barat,
Citra Grand Cibubur Blok R1/06 Bogor 17435 Indonesia
CIANJUR
Cokroaminoto DEPOK SUKABUMI
Jl. HOS Cokroaminoto No. 102 Kel. Muka
Kec. Cianjur Cianjur 43215 Cinere Martadinata
Jl. Raya Cinere No. 3 H - 3 I Kec. Limo Jl. RE. Martadinata No. 72 Sukabumi 43112
Kab. Bogor Ds. Cinere Depok 16514
PURWAKARTA
Margonda BANTEN
Veteran Jl. Margonda Raya No. 243
Jl. Vetaran No. 83 TANGERANG
BEKASI Gading Serpong
CIREBON Jl. Gading Serpong Boulevard BA 02
Lippo Cikarang No. 28 & 29 Gading Serpong
Yos Sudarso Gd Menara Pacific Lantai Dasar
Jl. Yos Sudarso No. 26 Cirebon 45111 Jl. MH Thamrin Lippo Cikarang Tangerang City
Bekasi 17550 Office Sudirman One Blok H 12
Siliwangi Jl Jend. Sudirman No 1 Tangerang 15117
Jl. Siliwangi No. 110 Cirebon 45123 BEFA Square
Gedung Befa Square Unit G-D & 1-H Kondominium Golf Karawaci
Kawasan Industri MM2100 Cikarang Barat Kondominium Golf Karawaci
TASIKMALAYA Bekasi 17842 Jl. Jend Sudirman BLVD 2890 Lippo Karawaci
Tangerang
Yudanegara Jababeka
Jl. Yudanegara No. 61 Tasikmalaya 46121 Jl. Niaga Raya Unit 2O & 2P Pinangsia
Capitol Business Park Desa Pasir Sari Ruko Pinangsia Blok B 1 Jl. Imam Bonjol
HZ Mustofa Kec. Cikarang Selatan Kab. Bekasi Karawaci Tangerang 15139
Jl. HZ Mustofa No. 282 Tasikmalaya 46110 Jawa Barat 17550
Daan Mogot
Jl. Daan Mogot No. 58 Tangerang 15111
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Kisamaun Cendrawasih KUDUS
Jl. kisamaun No. 155 dan 157, Tangerang Jl. Cendrawasih Kompleks
Pertokoan Jurnatan B No. 1 Agil Kusumadya
Green Office Park Semarang 50137 Jl. Agil Kusumadya No. 5 A Kudus 59343
Green Office Park 1 Lt GF
Jl. BSD Grand Boulevard BSD
Green Office Park BSD City Desa Sampora TEGAL JEPARA
Kecamatan Cisauk Tangerang 15345
Tegal Diponegoro
DL-AEON Mall Jl. Jend Sudirman No. 34 Kel. Pekauman Jl. Diponegoro No. 91 Jepara 59211
Aeon Mall Lt. Dasar Unit G-52 Kec. Tegal Barat Tegal 52113
Grand Boulevard BSD City Tangerang
Slawi MAGELANG
Jl. Mayjen Sutoyo 14 Kel. Kagog
TANGERANG SELATAN Kec. Slawi Wetan Slawi 52411 Rejotumoto
Jl. Tidar Rejotumoto No. 16 Magelang 56151
Bintaro Griya Niaga
Griya Niaga II PEKALONGAN
Jl. Wahid Hasyim Blok B-IV No. 3 KEBUMEN
Bintaro Jaya Sektor VII Tangerang 15224 Hayam Wuruk
Jl. Hayam Wuruk No. 3 Pekalongan 51119 Pahlawan
Pamulang Jl. Pahlawan No. 120 Kab. Kebumen
Jl. Siliwangi Blok D2/4, Kel. Pamulang, Kel. Kebumen Kec. Kebumen
Kec. Ciputat, Tangerang Selatan, Banten, SOLO Kebumen 54311
15417
Slamet Riyadi 136
Alam Sutera Icon Jl. Slamet Riyadi 136 Solo 57131 PURWOKERTO
Synergi building (d/h alam sutera office
tower) LG dan UG Jl. Jalur Sutera Barat Manahan Sudirman
Kav.17 Alam Sutera Serpong Jl. L.U. Adisutipto No. 21 Kel. Manahan Jl. Jend. Sudirman 605 Purwokerto 53114
Tangerang 15325 Kec. Banjarsari Solo 57139
ITC BSD Kartasura PURBALINGGA
ITC BSD Ruko ITC BSD No. 26 & 27 Jl. Ruko Kartasura Blok B 3-4
Jl. Pahlawan Seribu Kec. Serpong Kartasura 57168 Sudirman
Kel. Lengkong Wetan Tangerang 15322 Jl. Jend. Sudirman No. 37 Purbalingga
Mesen Square Kec. Purbalingga Kel. Purbalingga Kulon
Pasar Modern BSD Ruko Messen Square No. 3-4 Purbalingga 53312
Ruko Golden Madrid Blok C No. 7 Jl. Urip Sumohardjo Kel. Purwodiningkatan
Bumi Serpong Damai Tangerang 15318 Kec. Jebres Solo 57128 CILACAP
Solo Baru Sudirman
CENTRAL JAVA Jl.Raya Solo Baru AB No. 4 Jl. Jend Sudirman No. 20 Kel. Sidanegara
Kel. Langen Harjo. Kec. Grogol Sukoharjo Kec. Cilacap Tengah Cilacap 53223
SEMARANG Jawa Tengah 57552
Pemuda 102 DL-Paragon Mall D.I. YOGYAKARTA
Jl. Pemuda 102-104 Semarang 50133 Solo Paragon Lt. FF. Jl. Yosodipuro No. 133
Jawa Tengah 57131 YOGYAKARTA
Kaligawe
Jl. Raya Kaligawe Km 4 No. B11 Sudirman 50
Semarang 50111 KLATEN Jl. Jend. Sudirman No. 50 Yogyakarta 55233
Mataram Pemuda Gejayan
Jl. M.T. Haryono 627 Kel. Sarirejo Jl. Pemuda No. 57 , Bareng Kidul, Kec. Klaten, Jl. Gejayan No. 26a Yogyakarta 55221
Semarang 50124 Kab. Klaten, Jawa tengah 57414
Parang Tritis
Siliwangi Jl. Parangtritis 115 D Kel. Mergangsang
Jl. Jend. Sudirman No. 138 Kel. Cabean SALATIGA Kec. Brontokusuman Yogyakarta 55153
Kec. Semarang Barat Semarang 50141
Sudirman Godean
Pandanaran Jl. Jend. Sudirman 93 Salatiga 50711 Jl. Godean KM 4 Desa Nogotirto
Jl. Pandanaran No. 62, Kel. Pekunden, Kec. Gamping Kab. Sleman Yogyakarta
Kec. Semarang Tengah, Semarang 50134
Candi
Jl. Sultan Agung No. 121 Semarang 50235
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EAST JAVA Sungkono LUMAJANG
Jl. Mayjen Sungkono No 93 Surabaya 60187
SURABAYA Sudirman
Perak Jl. Panglima Sudirman Pasar Plaza Ruko
Dharmahusada Jl. Perak Barat 121 Kec. Krembangan Blok A - 11 Kel. Tompokersan
Jl. Dharmahusada No. 142 Surabaya Kel. Perak Barat Surabaya 60177 Kec. Lumajang 67311
Kel Mojo Kec Gubeng Surabaya 60282
Bukit Darmo
Manyar Kertoardjo Ruko Office Park II Jl. Bukit Darmo Golf PASURUAN
Jl. Manyar Kertoarjo V No. 75-77 Kel. Mojo Blok B2 No 09 Surabaya
Kec. Gubeng Surabaya 60285 Soekarno Hatta
Jl. Soekarno Hatta No. 25, Kec. Panggungrejo,
Ahmad Yani JOMBANG Kel. Trajeng, Pasuruan
Jl. A.Yani No. 40 C Kel. Sidokumpul
Kec. Sidoarjo Sidoarjo 61212 Ahmad Yani
Jl. A. Yani No. 36 Kec. Jombang Kel. Jombang JEMBER
Klampis Jombang 61400
Jl. Klampis Jaya No. 27E Kel. Klampis Ngasem Diponegoro
Kec. Sukolilo Surabaya 60117 Jl. Diponegoro No. 36 Jember 68111
MOJOKERTO
Kapas Krampung
Jl. Kapas Krampung No. 71-A Kel. Rangkah Mojopahit BONDOWOSO
Kec. Tambak Sari Surabaya 60135 Jl. Mojopahit No. 256 Kel. Mentian
Kec. Prajurit Kulon Mojokerto 61323 Wahid Hasyim
Tidar Jl. KH Wahid Hasyim No 195
Jl.Tidar 23-25 Surabaya 60251 RT 002 RW 001, Kel. Bindungan,
BANYUWANGI Kec. Bondowoso KAB. Bondowoso 68212
Darmo
Jl. Raya Darmo No. 26 Surabaya 60264 Sudirman
Jl. PB Sudirman 23-25 Banyuwangi 68416 SITUBONDO
Diponegoro
Jl. Raya Diponegoro 70 Sepudi
BANYUWANGI Jl. Sepudi No 15 A Situbondo 68322
Manyar Mega Indah
Pertokoan Manyar Mega Indah Lamongrejo
Jl. Ngagel Jaya Selatan G-3 Surabaya 60283 Jl. Lamongrejo No. 68 Lamongan MADIUN
Kel. Sidokumpul Kec. Lamongan 62213
Pucang Anom Pahlawan
Jl. Pucang Anom No. 27 Kel. Kertajaya Jl. Pahlawan No. 56 Madiun 63121
Kec. Gubeng Surabaya 60282 BOJONEGORO
Jemusari Gajah Mada NGAWI
Jl. Jemursari No. 99 Kel. Jemur Wonosari, Jl. Gajahmada No. 99 Bojonegoro 62115
Kec. Wonocolo, Surabaya 60237 Sultan Agung
Jl. Raya Sultan Agung No. 98 Kel. Ketanggi
Rungkut GRESIK Kec. Ngawi Ngawi 63211
Jl. Rungkut Madya No. 95 Kel. Rungkut Kidul
Kec. Gunung Anyar Surabaya 60293 Kartini
Jl. R.A. Kartini No. 236 Kav. 2 & 3 Kel. PONOROGO
Sudirman Sidomoro Kec. Kebomas Gresik 61122
Jl. Jend. Sudirman No. 59-61 Surabaya 60271 Gajah Mada
Jl. Gajah Mada No 11 Kel. Kepatihan
Pasar Atom MALANG Kec. Ponorogo Ponorogo 63416
Pasar Atom tahap IV G.07-08
Surabaya 60161 Merdeka BLITAR
Jl. Merdeka Timur No. 4 Kel. Kidul Dalam
Tunjungan Kec. Klojen Malang 65119 Merdeka
Jl. Tunjungan No. 47 Kec. Genteng Jl. Merdeka No. 111 Kel. Kepanjenkidul
Kel. Genteng RT / RW 01 / X Surabaya 60275 Soekarno Hatta Kec. Kepanjenkidul Blitar 66112
Jl. Soekarno Hatta D 504,
Kembang Jepun Kelurahan Mojolangu,
Jl. kembang jepun No. 129 Kecamatan Lowokwaru, Malang 65141 KEDIRI
Pakuwon City Basuki Rachmad Diponegoro
Pakuwon Town Square (PATOS) Blok AA Jl. Basuki Rachmad No. 26-28 Kel. Kauman Jl. Diponegoro No. 16 Kel. Balowerti
02-002 Pakuwon City Kel. Kejawan Putih Kec. Klojen Malang 65119 Kec. Kota Kediri 64121
Tambak Kec. Mulyorejo Surabaya 60112
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TULUNGAGUNG Sutomo Ujung TEBING TINGGI
Jl. Sutomo Ujung 247-249 Kel. Durian
Sudirman Kec. Medan Timur Medan 20235 Sudirman
Jl. Panglima Sudirman No. 79 Kel. Kepatihan Jl. Sudirman 175-BC Tebing Tinggi 20611
Kec. Tulungagung Tulungagung 66219 Yos Sudarso
Jl. Yos Sudarso 225-J Kel. Pulo Brayan Kota
Kec. Medan Barat Medan 20116 WEST SUMATRA
BALI
Pemuda PADANG
DENPASAR Jl. Pemuda No. 14-AB Medan 20117
Yamin
Thamrin AR Hakim Jl. Moh. Yamin No. 148, Kel. Olo,
Jl. MH. Thamrin No 77 Denpasar 80119 Jl. AR. Hakim 70-72 Medan 20216 Kec. Padang Barat, Padang 25117
Canggu Bandung
Jl. Subak Sari, Desa Tibubeneng, Jl. Bandung 42-44 Medan 20212 JAMBI
Kec. Kuta Utara, Kab. Badung, Bali 80361
Asia JAMBI
Kuta Graha Jl. Asia No. 108
Jl. By Pass Ngurah Rai No 88 Kuta 80361 Jambi Sutomo
KS Tubun Jl. Dr. Sutomo No. 31 Jambi 36113
Nusa Dua Jl. AIP II KS. Tubun 1-3 Medan 20111
Komplek Pertokoan Tragia Blok E III No 29
Nusa Dua Bali 80363 Icon RIAU ISLANDS
Gedung Wisma Global
Sanur Jl. Listrik/Jl. Imam Bonjol/Jl.Mayjend Sutoyo BATAM
Komplek Pertokoan Sanur Raya Siswomiharjo Medan 20112
Jl By Pass Ngurah Rai 29-30 Kel. Sanur Sei Panas
Kec. Denpasar Selatan Sanur 80228 Polonia Komp. Executive Center Blok I No. 1 ABC
Hotel Polonia Jl. Sudirman 14 Medan 20152 Jl. Laksamana Bintan Sei Panas
Melati Batam 29432
Jl. Melati No. 29 Denpasar Juanda
Kel. Dangin Puri Kaja Kec. Denpasar Utara Jl. Ir. H. Juanda No. 29A Kec. Medan Polonia Batamindo
Denpasar 80233 Kel. Sukadamai Medan 20152 Plaza Batamindo Lt. 1 No.A1-3.
Jl. Rasamala 20 Muka Kuning Sei Beduk.
Ubud Gatot Subroto Batam 29433
Jl. Raya Andong Desa Peliatan Kec. Ubud Jl. Gatot Subroto 187-AB Medan 20112
Kab. Gianyar 80571 Nagoya
Sudirman Kompleks Lumbung Rezeki Blok G 6 7 8
Jl. Jend Sudirman No. 348-350 Jl. Sultan A. Rahman Batam 29422
EAST NUSA TENGGARA
Marelan Botania
KUPANG Jl. Marelan Raya No. 8 Pasar IV Komp. Pertokoan Botania Blok A2 No. 1
Kec. Medan Marelan Kel. Berlian Kec. Batam Kota Riau 29464
Lalamentik Kel. Rengas Pulau Marelan 20255
Jl. wj lalamentik Penuin Centre
Penuin Centre Blok F No. 11
DELI SERDANG
WEST NUSA TENGGARA
Cemara Asri PANGKAL PINANG
KUPANG Jl. Cemara Boulevard No. G1-11 dan G1-11A
Komplek Cemara Asri Kel. Sempali Masjid Jamik
Pejanggik Kec. Percut Sei Tuan Kab. Deli Serdang Jl. Masjid Jamik Kel. Masjid Jamik
Jl. Pejanggik No. 107 A 107 B Cakranegara Kec. Rangkui Bangka 33132
Kota Mataram Nusa Tenggara Barat 83239
RANTAU PRAPAT
TANJUNG PINANG
NORTH SUMATRA Ahmad Yani
Jl. Ahmad Yani No. 73 C-D Labuhan Batu Merdeka
MEDAN Sumatera Utara 21412 Jl. Merdeka no 11 Kel. Tanjungpinang Kota
Kec. Tanjungpinang Kota
Bukit Barisan Tanjung Pinang 29111
Jl. Pos (d/h Bukit Barisan ) No. 07 PEMATANG SIANTAR
Medan 20111
Merdeka
M Yamin Jl. Merdeka 5 Pematang Siantar 21117
Jl. Prof.HM.Yamin SH 80 Medan 20231
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RIAU CENTRAL KALIMANTAN Sultan Abdurrahman
Jl. Sultan Abdurrahman No. 2-3 Kel. Akcaya
PEKANBARU PALANGKARAYA Kec. Pontianak Selatan Kalimantan Barat
Sudirman Murjani SINGKAWANG
Jl. jend. sudirman 163-165 Jl. dr. Murjani No. 9 RT 1 RW 7 Kel. Pahandut
Kec. Pahandut Palangkaraya 73112 Diponegoro
Tuanku Tambusai Jl. P. Diponegoro No. 25, Kel. Pasiran,
Jl. Tuanku Tambusai 320-H Kec. Tampan Kec. Singkawang Barat, Kota Singkawang.
Kel. Labuh Baru Pekanbaru 28291 EAST KALIMANTAN
Riau BALIKPAPAN NORTH KALIMANTAN
Ruko Jl. Riau No. 20b
Ahmad Yani TARAKAN
Panam Jl. Jend. Ahmad Yani No. 83
Komp. Metropolitan Blok C No. 116 Kel. Gunung Sari Ilir Kec. Balikpapan Tengah Karang Anyar
Jl. HR Subrantas Panam Pekanbaru 28294 Balikpapan 76121 Jl. Mulawarman RT 01 No 13
Kel. Karang Anyar Kec. Tarakan Barat
Harapan Raya Ruko Baru Tarakan Kalimantan Utara77111
Jl. H. Imam Munandar No 247 B-C, Komp. Balikpapan Baru Blok B2 No. 2
Kel. Tangkerang Utara, Kec.Bukit Raya, Jl.MT. Haryono Komp.Bpp.Baru
Pekanbaru Kelurahan Damai SOUTHEAST SULAWESI
Kecamatan Balikpapan Selatan
Balikpapan 76114 KENDARI
DUMAI
MT Haryono Mandonga
Sultan Syarif Qasim Ruko Jl. MT Haryono 10 I - 10 J Jl. Drs. H. Abdullah Silondae No 129
Jl. Sultan Syarif Qasim No. 177 Kelurahan Damai Kendari 93111
Kec. Dumai Timur Kel. Bintan Dumai 28811 Kecamatan Balikpapan Selatan Balikpapan
76114
NORTH SULAWESI
BENGKALIS
SAMARINDA MANADO
Duri
Jl. Hangtuah No. 692 Kec. Mandau Kel. Air KH Khalid Walanda Maramis
Jamban Duri 28884 Jl. KH. Khalid No. 32 Samarinda 75111 Jl. Walanda Maramis No. 137
Simpang Merak Mega Mas
SOUTH SUMATRA Komplek Ruko Simpang Merak Jl. Pierre Tendean Kawasan Ruko Mega Mas
Jl. S. Parman Blok C-24 Samarinda 75117 Blok 1C No. 5-6 Manado 95111
PALEMBANG
Bung Tomo
Sudirman Jl. Bung Tomo RT 13 SOUTH SULAWESI
Jl. Jend. Sudirman No. 132 B Kec. Ilri Timur I
Kel. 20 Ilir I Palembang 30129 MAKASSAR
SOUTH KALIMANTAN
Kolonel Atmo Ahmad Yani
Jl. Kolonel Atmo No. 591 Palembang 30125 BANJAMASIN Jl. Ahmad Yani No. 33 Makassar 90174
Mesjid Lama Pangeran Samudera Bandang
Jl. mesjid lama No. 110-111 Jl. Pangeran Samudera No. 26 Jl. Bandang No. 10-12 Makassar 90155
Banjarmasin 70111
Soekamto Panakkukang
Jl R Sukamto, Palembang Jl. Raya Boulevard Ruko Rubby No. 2
BANJABARU Panakkukang Makassar 90231
LAMPUNG Ahmad yani
Jl. A. Yani KM 35 RT 005 RW 001 MALUKU
BANDAR LAMPUNG Kel. Guntung Paikat Kec. Banjarbaru Selatan
Banjarbaru AMBON
Malahayati
Jl. Laks. Malahayati No. 34-40 Sam Ratulangi
Lampung 35224 WEST KALIMANTAN Jl. Sam Ratulangi No. 89 Kel. Honipopu
Kec. Sirimau Ambon 96127
Tanjung Karang PONTIANAK
Jl. Jendral Sudirman No. 7C-7D
Bandar Lampung 35118 Tanjungpura
Jl. Tanjungpura Pontianak 78117
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PAPUA Kemenag KAB.
SHARIA BRANCHES Gedung Pelayanan Satu Atap Kemenag
MIMIKA KAB. Cirebon, Jalan. Sunan Drajat No.5
HEAD OFFICE Kec. Sumber, Kab. Cirebon,
Kuala Kencana Menara Sudirman
Kuala Kencana Center Suite 103 Timika Gd. Menara Sudirman
Papua 99920 BANDUNG
Jl. Jend. Sudirman Kav. 60 - Jakarta Selatan
Budi Utomo Riau
Jl. Budi Utomo No. 99B RT 9 RW Kel. Inauga Jl. RE Martadinata No. 134 Bandung 40113
JAKARTA
Kec. Wania Mimika 99910
Kemenag Kota
Panglima Polim
JAYAPURA Kantor Kementrian Agama Kota Bandung
Jl. Panglima Polim Raya No.81
Jl. Soekarno Hatta No.498 Batununggal
Kebayoran Baru
Pasifik Permai Bandung Kidul Kota Bandung
Komp. Jayapura Pasifik Permai D9 - 10 Jawa Barat 40266
Rawamangun Arion
Kel. Bhayangkara Kec. Jayapura Utara Arion Mall Ruang G 15 Jl. Pemuda Kav. 3-4
Jayapura 99112 Kemenag KAB.
Jakarta Timur 13220
Jl. Adipati Agung No 42 Baleendah KAB.
Bandung
TANGERANG
SEMARANG
Serpong
Jl. Boulevard Gading Serpong
Pemuda 21B
Blok AA 03 No. 07-08, Kel. Pakulonan Barat,
Jl. Pemuda No. 21b Semarang 50139
Kec. Kelapa Dua, Tangerang Banten 15334
Kemenag Kota
Kemenag Kota
Kantor Kementerian Agama Kota Semarang,
Gedung Pelayanan Haji Kantor Kementrian
Jl. Untung Suropati, Kalipansur, Ngaliyan,
Agama Kota Tangerang,
Kota Semarang, Jawa Tengah, 50183
Jl. Jendral Ahmad Yani No.8, Sukarasa,
Kota Tangerang 15111
SOLO
CILEGON
Slamet Riyadi 8
City Square
Jl. Slamet Riyadi No. 8 Solo 57111
Ruko Cilegon City Square
Blok A Kav. No. 9 & 10 Kec. Cibeber
Kel. Kedaleman Cilegon 42400
KUDUS
Ahmad Yani
BOGOR
Jl. A.Yani No. 31 Kudus 59317
Pajajaran
Jl. Raya Pajajaran 99 C, Kel. Bantar Jati,
PATI
Kec. Bogor Utara. Kota Bogor,
Jawa Barat,16810
Kemenag KAB.
Jl. Panglima Sudirman No.1-H, Puri, Kec. Pati,
KAB. Pati, Jawa Tengah 59113
BEKASI
Kemenag KAB.
DEMAK
Komplek Pemda Blok E-3,Sukamahi,
Kec. Cikarang Pusat, Kab. Bekasi,
Kemenag KAB.
Jawa Barat 17530
Kantor Kemenag Demak Jl. Bhayangkara
Baru, Genggongan, Mangunjiwan, Kec.
Demak, KAB. Demak, Jawa Tengah 59515
GARUT
Kemenag KAB.
KEBUMEN
Jl Pahlawan No.65, Sukagalih, Kec. Tarogong
Kidul, Kab. Garut, Jawa Barat 44151
Kemenag KAB.
Gedung Pusat Layanan Haji dan Umroh
Terpadu (Gedung PLHUT) Kantor
CIREBON
Kementerian Agama Kabupaten Kebumen,
Jalan Pahlawan No 140, Kecamatan
Siliwangi (Co-locate)
Kebumen, Kelurahan Bumirejo, Jawa Tengah
Jl. Siliwangi No. 110 Cirebon 45123
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YOGYAKARTA BANDA ACEH PALEMBANG
Sudirman 13 Peunayong Letkol Iskandar
Jl. Jend. Sudirman 13 Jl. Sri Ratu Safiatuddin No.33-35-37 Jl. Letkol Iskandar 24 Ili Palembang
Kel. Peunayong Kec. Kuta Alam Banda Aceh
Aceh 23122
SURABAYA LAMPUNG
Darmo (Co-location) MEDAN Hasanudin
Jl. Raya Darmo No. 28 Surabaya 60264 Jl. Hasanudin No.90E Bandar Lampung
Ring Road
Pregolan Kompleks RX Lifestyle Avenue
Jl. Pregolan Bunder No.6-8, Tegalsari, No 3 & 3 A, Jl. Ring Road, MAKASSAR
Kec. Tegalsari, Surabaya Kota Kelurahan Tanjung Reso,
Jawa Timur, 66123. Kecamatan Medan Sunggal, Medan, 20122 Veteran Selatan
Jl. Veteran Selatan No. 92
Gajah Mada Kel. Maricaya Selatan, Kec. Mamajang
SIDOARJO Jl. Gajah Mada No.11 Medan 20153 Makassar 90114
Kemenag KAB.
Kantor Kementrian Agama KAB. Sidoarjo, BATAM SAMARINDA
Jl. Mongisidi No.3, Sidoklumpuk, Sidokumpul,
Kec. Sidoarjo, Kab. Sidoarjo, Jawa Timur Sei Panas (Co-location) Juanda
61218 Komp. Executive Center Blok I Jl. Ir. H. Juanda No.216C Samarinda
No.1 ABC dan 01-02,
Jl. Laksamana Bintan, Sei Panas,
GRESIK Batam 29432 BANJARMASIN
Kemenag KAB. Pangeran Samudera (Co-location)
Kantor Kementrian Agama KAB. Gresik, PEKANBARU Jl. Pangeran Samudera No.26
Jl. Jaksa Agung Suprapto No.39, Sumursango, Banjarmasin 70111
Kel. Bedilan, Kec. Gresik, Kab. Gresik 61111 Sudirman
Jl. Jend. Sudirman No. 255 CD
Pekanbaru 28112 BALI
MALANG
Dewi Sartika
Ahmad Yani PADANG Jl. Dewi Sartika Blok I F-G Komp. Duta Plaza
Jl. A. Yani No.18 - E, Kel. Blimbing, Kel./Desa Dauh Puri Klod
Kec. Blimbing, Malang 65125 Imam Bonjol Kec. Denpasar Barat Denpasar 80114
Jl. Imam Bonjol No 21, Kel. Belakang Pondok,
Kemenag KAB. Kec. Padang Selatan, Padang, 25211
Kemenag KAB. Malang, Jl. Kolonel Sugiono MATARAM
No.266, Gadang Kec.Sukun, Malang, 65149
JAMBI Kuta Mandalika
Jl. Pariwisata Kuta Baturiti Kuta Kec Pujut
LHOKSEUMAWE Sutomo (Co-location) Kab. Lombok Tengah
Jl. Dr. Sutomo No.31 Jambi 36113 Nusa Tenggara Barat 83573
Suka Ramai
Jl. Suka Ramai No. 24 Lhokseumawe
626 PT BANK CIMB NIAGA TBK 2025 Annual Report
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DL-ITB
DIGITAL LOUNGE Gedung CRCS Lt. Dasar Kampus ITB
MOBILE CASH
Jl. Ganesha No. 10 Bandung
DL (KCP) - Pacific Place Kas Mobil-Jakarta Niaga Tower
Mall Pacific Place Lt. 3 unit 3-21 SCBD (B 9352 SCF)
DL-Universitas Katholik Parahyangan
Jl. Jend Sudirman Kav.52-53 Jakarta 12920 Graha CIMB Niaga Jl. Jend. Sudirman Kav. 58
Universitas Katolik Parahyangan,
Jakarta Selatan 12190
Jl. Ciumbuleuit No. 94, Hegarmanah,
DL-Grand Indonesia
Kec. Cidadap, Kota Bandung,
Grand Indonesia Shopping Town Lt. 5 Kas Mobil-Jakarta Tebet 1 (B 9185 SCB)
Jawa Barat 40141
Jl. MH Thamrin No. 1 Jakarta 10310 Jl. Prof Dr Soepomo 47 Kec. Tebet Kel. Tebet
Barat Jakarta Selatan 12810
DL-Atmajaya
DL-BEJ
Jl. Babarsari 44
Gd. BEJ Tower 2 GF Suite G 03-04 Kas Mobil-Jakarta Tebet 2 (B 9233 SCI)
Yogyakarta (kerjasama) 55281
Jl. Jend. Sudirman Kav.52-53 Jakarta 12190 Jl. Prof Dr Soepomo 47 Kec. Tebet Kel. Tebet
Barat Jakarta Selatan 12810
DL-UGM
DL-Universitas Atmajaya
Universitas Gajah Mada Gedung FEB
Kampus Atmajaya Lt. Dasar gedung Van Lith Kas Mobil-Bintaro Griya Niaga
Jl. Sosio Humaniora No. 1 Bulaksumur
Jl. Jend. Sudirman No. 51 Jakarta 12930 (B 9149 SCG)
Yogyakarta 55281
Griya Niaga II Jl. Wahid Hasyim Blok B-IV
DL-Citywalk No. 3 Bintaro Jaya Sektor VII
DL-Malioboro Mall Yogyakarta
Jl. KH Mas Mansyur No. 24A Kav. 121 Tangerang 15224
Mal Malioboro Jogja
Jakarta Pusat 10220
Jl. Malioboro No. 52-58 Suryatmajan
Kas Mobil - Alam Sutera Icon
Kec. Danurejan Kota Yogyakarta
DL-Kota Kasablanka (B 9186 SCB)
DIY Yogyakarta 55213
Mall Kota Kasablanka LG 100 Jl Casablanca Synergi Building (d/h Alam Sutera Office
Raya Kav 88 Jakarta Selatan 12870 Tower) LG dan UG Jl. Jalur Sutera Barat
DL-Pakuwon City Mall
Kav.17 Alam Sutera Serpong
Pakuwon City Mall Jl. Raya Laguna KJW Putih
DL-Mall Gandaria City Tangerang 15325
Tambak No. 2 Kejawaan Putih Tambak
Mall Gandaria City Lt LG unit l-52d
Kec. Mulyorejo Kota SBY Jawa Timur 60112
Jl. sultan iskandar muda Kas Mobil-Bekasi Cikarang (B 9353 SCF )
Kebayoran Lama Utara Gd Menara Pacific lantai dasar Jl. MH
DL-Tunjungan Plaza 6
Jakarta Selatan 12240 Thamrin Lippo Cikarang Bekasi 17550
Mall Tunjungan Plaza 6 Lt. 3 Unit 17A.
Jl Basuki Rachmat No 107 Kedungdoro
DL-PIM 2 Kas Mobil-Cirebon (E 8259 BA)
Mall Pondok Indah 2 GF unit No. G33D Jl. Siliwangi No 110 Kota Cirebon
DL-Pakuwon
Jl. Metro Pondok Indah Jakarta 12310
Pakuwon Mall Unit B1 03 lantai basement
Kas Mobil-Samarinda (KT 8736 NL)
Jl. Puncak Indah Lontar No. 2 Surabaya
DL- Blok M Plaza Jl. KH. Khalid No. 32 Samarinda 75111
Blok M Plaza #1-19, Jl. Bulungan No. 76,
DL-Universitas Brawijaya
Jakarta Selatan Kas Mobil - Pontianak (KB 8233 AY)
Gedung Perpustakaan, Jl. Veteran,
Jl. Tanjungpura Pontianak 78117
Ketawanggede, Kec. Lowokwaru,Kota
DL-Central Park Mall
Malang, Jawa Timur 65145
Central Park Mall LG Unit L-218 Kas Mobil-Jakarta Sawah Besar 2
Jl. S. Parman Kav. 28 Jakarta 11470 (B 9401 SCG)
DL-Centre Point
Jl. S. Wiryopranoto No. 9 Jakarta Barat 11160
Centre Point Lt. 1 Jl. Jawa No. 8 Medan
DL-Mal Emporium Pluit
Sumatera Utara 20231
Jl. Pluit Selatan Raya Kawasan CBD Pluit Kas Mobil-Gajah Mada (B 9259 SRO)
Blok S-6 Lt. UG Kel. Pluit Kec. Penjaringan Jl. Gajah Mada No. 18 Jakarta 10130
DL-Icon Mall
Jakarta Utara 14440
Palembang Icon Mall L1-06 Jl. POM IX
Kas Mobil-Jakarta Kelapa Gading TN
RT 30 RW 09 Kec. Ilir Barat
DL- Depok - FISIP UI (B 9041 WA)
Universitas Indonesia FISIP Jl. Bulevard Raya Blok TN II No. 1-4 Kelapa
DL-Trans Studio
Jl. Margonda Raya Pondok Cina Gading Jakarta Utara 14240
Mall Trans Studio Makassar LG B - 05
Kecamatan Beji Jawa Barat 16424
Jl. HM DG Patompo Metro Tanjung Bunga
Kas Mobil-Bogor Pajajaran
Makassar 90224
DL-Supermall Karawaci (B 9147 SCG)
Supermall Karawaci Lt. FF. Jl. Pajajaran No. 33 Bogor 16128
DL-Universitas Hasanuddin
Jl. Boulevard Diponegoro 105 Curug
Lt. Dasar Gedung Perpustakaan Universitas
Ds. Bencongan Tangerang 15811 Kas Mobil-Bandung (D 8291 OF)
Hasanuddin Makassar,
Jl. Lembong No. 7 Braga
Jl. Perintis Kemerdekaan, Tamalanrea Indah
DL-Pakuwon Mall Kec. Sumur Bandung
Km.10, Kec. Tamalanrea,
Pakuwon Mall Bekasi, Jl. Raya Pekayon
Kota Makassar 90245
No.002, RT.001/RW.001, Pekayon Jaya, Kas Mobil-Bandung 2 (D 8065 LA)
Kec. Bekasi Selatan., Kota Bks, Jawa Barat. Jl. Lembong No. 7 Braga
DL-Mall Galeria
Kec. Sumur Bandung
Mal Bali Galeria Lt. 2A 08
DL-Botani Square
Jl. By Pass Ngurah Rai Simp.Dewa Ruci
Botani square mall Lt GF Kas Mobil-Semarang 1 (H 9234 JA)
Denpasar 80361
Jl. Raya Pajajaran Tegallega Bogor Tengah Jl. Pemuda 102-104 Semarang 50133
Kota Bogor Jawa Barat 16127
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Kas Mobil - Semarang 2 (H 8018 CG)
Jl. Pemuda 102-104 Semarang 50133
KIOSK
Kiosk-Arcadia Simatupang
Kas Mobil-Solo (AB 8697 PH)
Perkantoran Hijau Arcadia De Entrance Lt. 2,
Jl. Slamet Riyadi No. 136
Jl. TB Simatupang Kav. 88, Jakarta 12520
Kas Mobil-Yogyakarta 1 (AB 8533 IS)
Kiosk-LG Cibitung
Jl. Jend. Sudirman No. 50 Yogyakarta 55233
Kawasan Industri MM2100 Jl. Jawa Blok G
Ganda Mekar Cikarang Barat Bekasi 17520
Kas Mobil-Surabaya 1 (L 9949 NN)
Jl. Raya Darmo No. 26 Surabaya 60264
Kiosk-Cikarang Hankook
Jl. Kenari Raya Blok G3 No. 1 Delta Silicon 5.
Kas Mobil-Surabaya 2 (L 9950 NN)
Lippo Cikarang 17550
Jl. Raya Darmo No. 26 Surabaya 60264
Kiosk-LG Cirarab
Kas Mobil-Malang 1 (N 8758 BC)
Jl. Tabri No. 1 Desa Cirarab Bitung
Jl. Merdeka Timur no 4 Malang
Tangerang 15820
Kas Mobil-Malang 2 (AG 8614 AG)
Kiosk-ATMI
Jl. Merdeka Timur no 4 Malang
ATMI Jl. Mojo No. 1 Karangasem Laweyan
Solo 57142
Kas Mobil-Jember (L 9390 CM)
Jl. Diponegoro No. 33-34 Jember. 68131
Kiosk-Pasar Klewer
Komplek Pasar Tradisional Klewer
Kas Mobil-Rantau Prapat (BK 9030 YO)
Blok EE 38 - EE 43, Jl. Dr, Radjiman,
Jl. Ahmad Yani No. 73 C-D Labuhan Batu
Solo 57155.
Sumatera Utara 21412
Kiosk- Pasar Legi
Kas Mobil-Medan (BK 8575 ER)
Pasar Legi No.BB 06, Jl. Letjen S. Parman,
Jl. Pos (d/h Bukit Barisan ) No. 07
Setabelan, Kec. Banjarsari, Kota Surakarta,
Medan 20111
Jawa Tengah 57133
Kas Mobil-Batam (BP 8137 FY)
Kiosk-Sanata Darma
Komp. Executive Center Blok I No. 1 ABC
Jl. Affandi (Gejayan ) Mrican Tromol Pos
Jl. Laksamana Bintan Sei Panas
29 Kel. Catur Tunggal Kec. Depok-Sleman
Batam 29432
Yogyakarta 55002
Kas Mobil-Pekanbaru (BM 8533 TX)
Kiosk- RS Panti Rapih
Jl. Tuanku Tambusai No. 320 H
Rs Panti Rapih Jl. Cik Ditiro No. 30
Yogyakarta 55223
Kas Mobil-Padang (BA 8237 QZ)
Jl. Moh. Yamin No. 148, Kel. Olo,
Kiosk- Universitas Sanata Pahingan
Kec. Padang Barat, Padang 25117
Kampus Univ. Sanata Dharma Pahingan
Yogyakarta 55282
Kas Mobil-Lampung (BE 9425 YD)
Jl. Laks. Malahayati No. 34-40
Kiosk- Ungaran
Lampung 35224
Jl. Gatot Subroto No. 106 D Semarang 50517
Kas Mobil-Palembang (BG 8975 NW)
Kiosk-ITN
Jl. Jend. Sudirman No. 132 B Kec. Ilri Timur I
Jl Bendungan Sigura-gura No. 2
Kel. 20 Ilir I Palembang 30129
Malang 65145
Kas Mobil-Makassar (DD 8006 RV)
Kiosk-Ridge Camp
Jl. Ahmad Yani No. 33 Makassar 90174
Plaza Agawaa Ogom Lt 3 Ridge Camp
Tembagapura Timika 99967
Kas Mobil-Jayapura (PA 8649 AM)
Komp. Jayapura Pasifik Permai D9 - 10
Kiosk- Tembagapura II
Kel. Bhayangkara Kec. Jayapura Utara
Family Shoping Mile 68 Tembagapura
Jayapura 99113
Timika - Papua 99930
Kas Mobil-Denpasar (DK 8414 BB)
Kiosk- Tembagapura I
Jl. MH. Thamrin No 77 Denpasar 80119
Single Shoping Mile 68 Tembagapura
Timika - Papua 99930
Kas Mobil-Mataram (DR 8440 AS)
Jl. Pejanggik No. 107 A – 107 B Cakranegara
Kota Mataram Nusa Tenggara Barat 83239
628 PT BANK CIMB NIAGA TBK 2025 Annual Report
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10
Consolidated Financial 629
Statements
Consolidated
Financial
Statements PT BANK CIMB NIAGA TBK 2025 Annual Report 629
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630 PT BANK CIMB NIAGA TBK 2025 Annual Report
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PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
LAPORAN KEUANGAN KONSOLIDASIAN/
CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023/
31 DECEMBER 2025, 2024, AND 2023
PT BANK CIMB NIAGA TBK 2025 Annual Report 631
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632 PT BANK CIMB NIAGA TBK 2025 Annual Report
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LAPORAN AUDITOR INDEPENDEN INDEPENDENT AUDITORS' REPORT
KEPADA PARA PEMEGANG SAHAM TO THE SHAREHOLDERS OF
PT BANK CIMB NIAGA TBK
Opini Opinion
Kami telah mengaudit laporan keuangan We have audited the consolidated financial
konsolidasian PT Bank CIMB Niaga Tbk dan statements of PT Bank CIMB Niaga Tbk and its
entitas anaknya ("Grup"), yang terdiri dari subsidiaries (the "Group''), which comprise the
laporan posisi keuangan konsolidasian tanggal consolidated statement of financial position as at
31 Desember 2025, serta laporan laba rugi dan 31 December 2025, and the consolidated statement
penghasilan komprehensif lain konsolidasian, laporan of profit or loss and other comprehensive income,
perubahan ekuitas konsolidasian, dan laporan arus consolidated statement of changes in equity and
kas konsolidasian untuk tahun yang berakhir pada consolidated statement of cash flows for the year then
tanggal tersebut, serta catatan atas laporan ended, and notes to the consolidated financial
keuangan konsolidasian, termasuk informasi statements, including material accounting policy
kebijakan akuntansi material. information.
Menurut opini kami, laporan keuangan konsolidasian In our opinion, the accompanying consolidated
terlampir menyajikan secara wajar, dalam semua hal financial statements present fairly, in all material
yang material, posisi keuangan konsolidasian Grup respects, the consolidated financial position of the
tanggal 31 Desember 2025, serta kinerja keuangan Group as at 31 December 2025, and its consolidated
konsolidasian dan arus kas konsolidasiannya untuk financial performance and its consolidated cash flows
tahun yang berakhir pada tanggal tersebut, sesuai for the year then ended, in accordance with
dengan Standar Akuntansi Keuangan Indonesia. Indonesian Financial Accounting Standards.
Basis Opini Basis for Opinion
Kami melaksanakan audit kami berdasarkan Standar We conducted our audit in accordance with Standards
Audit yang ditetapkan oleh lnstitut Akuntan Publik on Auditing established by the Indonesian Institute of
Indonesia. Tanggung jawab kami menurut standar Certified Public Accountants. Our responsibilities
tersebut diuraikan lebih lanjut dalam paragraf under those standards are further described in the
Tanggung Jawab Auditor terhadap Audit alas Auditors' Responsibilities for the Audit of the
Laporan Keuangan Konsolidasian pada laporan kami. Consolidated Financial Statements paragraph of our
Kami independen terhadap Grup berdasarkan report. We are independent of the Group in
kelentuan elika yang relevan dalam audit kami atas accordance with the ethical requirements that are
laporan keuangan konsolidasian di Indonesia, dan relevant to our audit of the consolidated financial
kami telah memenuhi tanggung jawab etika lainnya statements in Indonesia, and we have fulfilled our
berdasarkan ketentuan tersebut. Kami yakin bahwa other ethical responsibilities in accordance with these
·bukti audit yang telah kami peroleh adalah cukup dan requirements. We believe that the audit evidence we
tepat untuk menyediakan suatu basis bagi opini audit have obtained is sufficient and appropriate to provide a
kami. basis for our opinion.
Hal Audit Utama Key Audit Matters
Hal audit utaroa adalah hal-hal yang, menurut Key audit matters are those matters that, in our
pertimbangan profesional kami, merupakan hal yang professional judgement, were of most significance in
paling signifikan dalam audit kami atas laporan our audit of the consolidated financial statements of
keuangan konsolidasian periode kini. Hal-hal tersebut the current period. These matters were addressed in
disampaikan dalam konteks audit kami atas laporan the context of our audit of the consolidated financial
keuangan konsolidasian secara keseluruhan, dan statements as a whole, and in forming our opinion
dalam merumuskan opini kami atas laporan thereon, and we do not provide a separate opinion on
keuangan konsolidasian terkait, dan kami tidak these matters.
menyatakan suatu opini terpisah alas hal audit utama
tersebut.
Kantor Akuntan Publik Rintis, Jumadi, Rianto & Rekan
WTC 3, JI. Jend. Sudirman Kav. 29-31, Jakarta 12920 - Indonesia
T: +62 (21) 5099 2901 / 3119 2901, F: +62 (21) 5290 5555 / 5290 5050, www.pwc.com/id
Nomor l21n Usaha KEP-315/KM 112024
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Hal audit utama yang teridentifikasi dalam audit kami The key audit matters identified in our audit are
diuraikan sebagai berikut. outlined as follows.
1. Cadangan kerugian penurunan nilai atas kredit 1. Allowance for impairment losses on loans
yang diberikan
Seperti yang dijelaskan dalam Catalan 12 - Kredit As described in Note 12 - Loans to the consolidated
yang diberikan atas laporan keuangan konsolidasian financial statements as at 31 December 2025, the
pada tanggal 31 Desember 2025, cadangan kerugian allowance for impairment losses on loans of the Group
penurunan nilai alas kredit yang diberikan Grup was Rp 8,053,555 million.
Adalah sebesar Rp 8.053.555 juta.
Kami memberikan fokus pada area ini karena We focused on this area as the gross value of loans
nilai tercatat brute alas kredit yang diberikan represents 61% of the total assets of the Group as at
mewakili 61% dari jumlah aset Grup pada tanggal 31 December 2025 and the respective allowance for
31 Desember 2025 dan besarnya nilai cadangan impairment losses provided against the loans is
kerugian penurunan nilai yang dibentuk atas kredit significant to the Group's consolidated financial
yang diberikan tersebut nilainya signifikan terhadap statements. Furthermore, the calculation of the
laporan keuangan konsolidasian Grup. Lebih lanjut, allowance for impairment losses involves management
perhitungan cadangan kerugian penurunan nilai judgement and is subject to a high degree of
melibatkan pertimbangan manajemen dan estimation uncertainty.
penggunaan estimasi dengan tingkat ketidakpastian
yang tinggi.
Cadangan kerugian penurunan nilai atas kredit The allowance for impairment losses on conventional
konvensional ditentukan oleh Grup berdasarkan loans is determined by the Group based on the
kerangka Kerugian Kredit Ekspektasian ("KKE") Expected Credit Losses ("ECL'J framework under
sesuai dengan PSAK 109, "lnstrumen Keuangan" SFAS 109, "Financial Instruments" ("SFAS 109';, as
("PSAK 109"), seperti yang dijelaskan dalam catatan described in Note 2h, impairment of financial assets, to
2h, penurunan nilai dari asset keuangan, alas the consolidated financial statements. The allowance
laporan keuangan konsolidasian. Cadangan for impairment losses on sharia receivables I financing
kerugian penurunan nilai atas piutang / pembiayaan comprises murabahah receivables and non
syariah terdiri dari piutang murabahah dan piutang / murabahah receivables I financing.
pembiayaan non-murabahah.
Cadangan kerugian penurunan nilai alas piutang The allowance for impairment losses on murabahah
murabahah ditentukan berdasarkan PSAK 402 - receivables is determined based on SFAS 402 -
Akuntansi Murabahah ("PSAK 402") dan cadangan Accounting of Murabahah ("SFAS 402") and allowance
kerugian penurunan nilai alas piutang / pembiayaan for impainnent losses on non-murabahah receivables I
non-murabahah ditentukan berdasarkan PSAK yang financing are detennined based on the applicable
berlaku. SFAS.
Untuk kredit yang diberikan dimana Grup menghitung For loans where the Group assessed the allowance for
cadangan kerugian penurunan nilai secara individual, impairment losses individually, the Group estimated
Grup mengestimasikan arus kas ekspektasian dari the cash flows that are expected to be obtained from
kredit yang diberikan, yang membutuhkan the loans, which requires significant judgement in
pertimbangan signifikan dalam mengestimasi estimating the weighted average probability of credit
probabilitas rata-rata tertimbang kerugian kredit, serta losses, and the timing and amount of the repayments
estimasi waktu dan jumlah pembayaran dari kredit against the loans.
yang diberikan.
Grup menghitung KKE secara kolektif menggunakan The Group assessed collective EGL using the risk
pendekatan model parameter risiko yang parameter modelling approach that incorporates key
menggunakan beberapa parameter utama, antara parameters, including Probability of Default ("PO';,
lain, Probability of Default ("PD"), Loss Given Default Loss Given Default ("LGO'J, Exposure at default
("LGD"), Exposure at Default ("EAD") dan tingkat ("EAD") and discount rate, after considering forward
diskonto, setelah memperhitungkan dampak asumsi looking economic assumptions. The Group assesses
ekonomi masa depan. Grup menghitung cadangan the allowance for impairment losses for sharia
kerugian penurunan nilai atas piutang / pembiayaan receivables I financing collectively using the risk
syariah secara kolektif menggunakan pendekatan parameter modelling approach that incorporates key
model parameter risiko dengan menggunakan parameters, including PO and LGD.
parameter utama yaitu PD dan LGD.
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Bagaimana audit kami merespons Hal Audit How our audit addressed the Key Audit Matter
Utama
Kami melakukan prosedur-prosedur audit berikut We performed the following audit procedures to
untuk merespons hal audit utama ini: address this key audit matter:
• Kami memperoleh pemahaman tentang • We understood management's calculation of the
perhitungan manajemen atas cadangan allowance for impairment losses on loans and
kerugian penurunan nilai untuk kredit yang tested the design and operating effectiveness of
diberikan dan menguji efektivitas desain dan the relevant controls relating to the calculation of
operasi atas pengendalian internal terkait allowance for impairment losses on Joans;
perhitungan cadangan kerugian penurunan nilai
untuk kredit yang diberikan;
• Berdasarkan uji petik, kami menguji • On a sampling basis, we tested the relevant
pengendalian yang relevan alas penentuan controls over the determination of internal credit
rating internal kredit yang digunakan oleh ratings that were used by management to identify
manajemen untuk mengidentifikasi kredit yang loans that have expe,ienced a significant increase
diberikan secara signifikan atau bukti objektif in credit risk or objective evidence of impairment;
penurunan nilai;
• Kami menguji pengendalian umum dari • We tested the information technology ("IT';
teknologi informasi ("Tl") alas sistem general controls over the allowance for impairment
perhitungan cadangan kerugian penurunan losses calculation system, as well as the IT
nilai, serta pengendalian aplikasi Tl alas application controls over the completeness and
kelengkapan dan keakuratan aliran data dari accuracy of the data flow from the source system
sistem sumber asal ke dalam sistem into the allowance for impainnent losses
perhitungan cadangan kerugian penurunan calculation system;
nilai;
• Kami menguji keakuratan data dengan menguji • We tested the accuracy of data used by testing
input utama dalam perhitungan cadangan the key inputs in calculating the allowance for
kerugian penurunan nilai, berdasarkan uji petik, impairment losses, on a sample basis, to the data
ke data yang tersedia di Grup; available within the Group;
• Kami menguji keakuratan dari klasifikasi • We tested the accuracy of the credit quality
kualitas kredit yang diberikan, berdasarkan uji classification on Joans, on a sample basis, by
petik dengan memeriksa dokumen kredit dari assessing the credit files of those sampled
debitur-debitur yang menjadi sampel; debtors;
• Kami menilai metodologi dan asumsi • We assessed the methodology and significant
pemodelan signifikan yang digunakan dalam modelling assumptions used in the allowance •
model cadangan kerugian penurunan nilai, for impairment losses model, including the
termasuk penentuan PD, LGD dan EAD determination of PD, LGD and EAD for Joans,
alas kredit yang diberikan, yang mencakup which included (i) evaluating the models,
(i) evaluasi model, metodologi dan methodologies and the assumptions used
asumsi-asumsi yang diterapkan yang in calculations; (ii) evaluating the forecasts
digunakan dalam perhitunga· n; (ii) evaluasi with publicly available information on the
perkiraan makroekonomi yang digunakan macroeconomic outlook; and (iii) testing the
dengan membandingkan data tersebut dengan overlay adjustment applied in the calculation of
informasi yang tersedia untuk umum tentang allowance for impairment losses on loans;
prospek makroekonomi; dan (iii) pengujian alas
penyesuaian overlay dalam perhitungan
cadangan penurunan nilai atas kredit yang
diberikan;
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• Ketika bukti objektif penurunan nilai • When objective evidence of impairment was
diidentifikasi oleh Grup dan kerugian penurunan identified by the Group and impairment losses
nilai dihitung secara individual, kami menguji, were individually calculated, we tested, on a
berdasarkan uji petik, kecukupan cadangan sample basis, the adequacy of the allowance for
kerugian penurunan nilai yang disiapkan oleh impairment losses determined by management by
manajemen dengan membandingkan baik comparing the quantum and timing of the
jumlah dan waktu estimasi arus kas masa estimated future cash flows prepared by
depan yang disiapkan oleh manajemen management based on the financial information of
berdasarkan informasi keuangan debitur the debtors and/or guarantors, latest collateral
dan/atau penjamin, penilaian gunan terbaru dan valuations and other available information; and
informasi lain yang tersedia; dan
• Kami melakukan perhitungan matematis ulang, • We performed mathematical recalculation, on a
berdasarkan uji petik, untuk menguji keakuratan sample basis, to test the accuracy of collective
hasil perhitungan KKE secara kolektif. ECL calculation.
2. Sistem operasi dan pengendalian Teknologi 2. Operation of financial reporting Information
lnformasi (Tl) pelaporan keuangan Technology (IT) system and controls
Grup sangat bergantung pada infrastruktur, sistem, The Group is heavily reliant on its IT infrastructure,
dan pengendalian Tl untuk operasi sehari-hari dan systems and controls for its daily operations and the
proses pelaporan keuangan bisnisnya. Lingkungan Tl financial reporting processes of its business. The IT
Grup dianggap kompleks karena jumlah sistem environment of the Group is considered complex due
pelaporan keuangan utama dan perpindahan data to the number of key financial reporting systems and
antar sistemnya. Mengingat faktor-faktor ini, kami the interfaces between these systems. Given these
menganggap pengoperasian dan pengendalian Tl factors, we considered the operation and controls of
pelaporan keuangan Grup sebagai hal audit utama. the Group's financial reporting IT system to be a key
audit matter.
Bagaimana audit kami merespons Hal Audit How our audit addressed the Key Audit Matter
Utama
Kami memperoleh pemahaman alas lingkungan Tl We understood the IT environment and IT
dan pengendalian Tl yang mendukung proses controls supporting the financial reporting process.
pelaporan keuangan. Kami menilai efektivitas desain, We assessed the effectiveness of the design,
implemenlasi, dan pengoperasian pengendalian implementation and operation of the key IT controls
ulama Tl alas sislem yang relevan. of the relevant systems.
Kami mengevaluasi dan menilai hal-hal berikut: We evaluated and assessed the following:
1. Pengendalian manajemen perubahan: Proses 1. Change management controls: The processes
dan pengendalian yang digunakan unluk and controls used to develop, test and authorise
mengembangkan, menguji, dan melakukan changes to the functionality and configurations
otorisasi perubahan pada fungsionalitas dan within systems;
konfigurasi dalam sistem;
2. Pengendalian atas keamanan akses pengguna: 2. Access security controls: The access controls
Pengendalian akses yang dirancang unluk designed to enforce segregation of duties, govern
memberlakukan pemisahan tugas, mengatur the use of generic and privileged accounts or
penggunaan akun generik dan istimewa atau check that data is only changed through
memastikan bahwa perubahan data hanya authorized means;
dilakukan melalui proses yang sah;
3. Pengendalian alas operasional Tl: Pengendalian 3. IT operation related controls: The controls over
atas operasi yang mengindentifikasi dan operations that identify and manage IT operation
mengelola masalah operasi Tl yang timbul; dan issues that arise; and
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Supporting Business Corporate Corporate Social Other Financial
Report Governance Responsibilities Corporate Data Statement
Kami mengevaluasi pengendalian relevan yang We evaluated the relevant IT dependent controls that
bergantung pada Tl yang mendukung proses supported the financial reporting process, which
pelaporan keuangan, dimana termasuk perhitungan included automated calculations, transaction
otomatis, pemrosesan transaksi, pembuatan laporan processing, generation of reports by a system and the
oleh sistem, dan perpindahan antar sistem yang interfaces between the relevant systems. We
relevan dan menguji keluaran sistem berdasarkan uji inspected the relevant system configurations and
petik. tested system outputs on a sampling basis.
lnformasi Lain Other Information
Manajemen bertanggung jawab atas informasi lain. Management is responsible for the other information.
lnformasi lain terdiri dari informasi yang tercantum The other information comprises the information
dalam laporan tahunan tetapi tidak termasuk laporan included in the annual report but does not include the
keuangan konsolidasian dan laporan auditor kami. consolidated financial statements and our auditors'
Laporan tahunan diharapkan akan tersedia bagi kami report thereon. The annual report is expected to be
setelah tanggal laporan auditor ini. made available to us after the date of this auditors'
report.
Opini kami alas laporan keuangan konsolidasian Our opinion on the consolidated financial statements
tidak mencakup informasi lain, dan oleh karena itu, does not cover the other information and we do not
kami tidak menyatakan bentuk keyakinan apapun express any form of assurance conclusion thereon.
alas informasi lain tersebut.
Sehubungan dengan audit kami atas laporan In connection with our audit of the consolidated
keuangan konsolidasian, tanggung jawab kami financial statements, our responsibility is to read the
adalah untuk membaca informasi lain yang other information identified above when it becomes
teridentifikasi di alas ketika tersedia dan, dalam available and, in doing so, consider whether the other
melaksanakannya, mempertimbangkan apakah information is materially inconsistent with the
informasi lain mengandung inkonsistensi material consolidated financial statements or our knowledge
dengan laporan keuangan konsolidasian atau obtained in the audit, or otherwise appears to be
pemahaman yang kami peroleh selama audit, atau materially misstated.
mengandung kesalahan penyajian material.
Ketika kami membaca laporan tahunan, jika kami When we read the annual report, if we conclude that
menyimpulkan bahwa terdapat suatu kesalahan there is a material misstatement therein, we are
penyajian material di dalamnya, kami diharuskan required to communicate the matter to those charged
untuk mengomunikasikan hal tersebut kepada pihak with governance and take appropriate actions in
yang bertanggung jawab alas tata kelola dan accordance with Standards on Auditing established by
mengambil tindakan tepat berdasarkan Standar Audit the Indonesian Institute of Certified Public
yang ditetapkan oleh lnstitut Akuntan Publik Accountants.
Indonesia.
Tanggung Jawab Manajemen dan Pihak yang Responsibilities of Management and Those
Bertanggung Jawab atas Tata Kelola terhadap Charged with Governance for the Consolidated
Laporan Keuangan Konsolidasian Financial Statements
Manajemen bertanggung jawab alas Management is responsible for the preparation and fair
penyusunan dan penyajian wajar laporan presentation of the consolidated financial statements
keuangan konsolidasian tersebut sesuai dengan in accordance with Indonesian Financial Accounting
Standar Akuntansi Keuangan Indonesia, dan atas Standards, and for such internal control as
pengendalian internal yang dianggap perlu oleh management detennines is necessary to enable the
manajemen untuk memungkinkan penyusunan preparation of consolidated financial statements that
laporan keuangan konsolidasian yang bebas dari are free from material misstatement, whether due to
kesalahan penyajian material, baik yang disebabkan fraud or error.
oleh kecurangan maupun kesalahan.
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Performance Management Company Management Risk
Highlights Reports Profile Discussion & Analysis Management
Dalam penyusunan laporan keuangan konsolidasian, In preparing the consolidated financial statements,
manajemen bertanggung jawab untuk menilai management is responsible for assessing the Group's
kemampuan Grup dalam mempertahankan ability to continue as a going concern, disclosing, as
kelangsungan usahanya, mengungkapkan, sesuai applicable, matters related to going concern and
dengan kondisinya, hal-hal yang berkaitan dengan using the going concern basis of accounting unless
kelangsungan usaha, dan menggunakan basis management either intends to liquidate the Group or to
akuntansi kelangsungan usaha, kecuali manajemen cease operations, or has no realistic alternative but to
memiliki intensi untuk melikuidasi Grup atau do so.
menghentikan operasi, atau tidak memiliki alternatif
yang realistis selain melaksanakannya.
Pihak yang bertanggung jawab alas 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 Auditor terhadap Audit atas Auditors' Responsibilities for the Audit of the
Laporan Keuangan Konsolidasian Consolidated Financial Statements
Tujuan kami adalah untuk memperoleh keyakinan Our objectives are to obtain reasonable assurance
memadai tentang apakah laporan keuangan about whether the consolidated financial statements
konsolidasian secara keseluruhan bebas dari as a whole are free from material misstatement,
kesalahan penyajian material, baik yang disebabkan whether due to fraud or error, and to issue an auditors'
oleh kecurangan maupun kesalahan, dan untuk report that includes our opinion. Reasonable
menerbitkan laporan auditor yang mencakup opini assurance is a high level of assurance, but is not a
kami. Keyakinan memadai merupakan suatu tingkat guarantee that an audit conducted in accordance with
keyakinan tinggi, namun bukan merupakan suatu Standards on Auditing will always detect a material
jaminan bahwa audit yang dilaksanakan berdasarkan misstatement when it exists. Misstatements can arise
Standar Audit akan selalu mendeteksi kesalahan from fraud or error and are considered material if,
penyajian material ketika hal tersebut ada. Kesalahan individually or in the aggregate, they could reasonably
penyajian dapat disebabkan oleh kecurangan be expected to influence the economic decisions of
maupun kesalahan dan dianggap material jika, baik users taken on the basis of these consolidated
secara individual maupun secara agregat, dapat financial statements.
diekspektasikan secara wajar akan memengaruhi
keputusan ekonomi yang diambil oleh pengguna
berdasarkan laporan keuangan konsolidasian
tersebut.
Sebagai bagian dari suatu audit berdasarkan Standar As pa,t of an audit in accordance with Standards on
Audit, kami menerapkan pertimbangan profesional Auditing, we exercise professional judgement and
dan mempertahankan skeptisisme profesional maintain professional scepticism throughout the audit.
selama audit. Kami juga: We also:
• Mengidentifikasi dan menilai risiko kesalahan • Identify 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, design
kecurangan maupun kesalahan, merancang dan and peliorm audit procedures responsive to those
melaksanakan prosedur audit yang responsif risks, and obtain audit evidence that is sufficient
terhadap risiko tersebut, serta memperoleh bukti and appropriate to provide a basis for our opinion.
audit yang cukup dan tepat untuk menyediakan The risk of not detecting a material misstatement
basis bagi opini kami. Risiko tidak terdeteksinya resulting from fraud is higher than for one resulting
kesalahan penyajian material yang disebabkan from error, as fraud may involve collusion, forgery,
oleh kecurangan lebih tinggi dari yang intentional omissions, misrepresentations, or the
disebabkan oleh kesalahan, karena kecurangan override of internal control.
dapat melibatkan kolusi, pemalsuan,
penghilangan secara sengaja, pernyataan salah,
atau pengabaian pengendalian internal.
638 PT BANK CIMB NIAGA TBK 2025 Annual Report
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Supporting Business Corporate Corporate Social Other Financial
Report Governance Responsibilities Corporate Data Statement
• Memperoleh suatu pemahaman tentang • Obtain an understanding of internal control
pengendalian internal yang relevan dengan audit relevant to the audit in order to design audit
untuk merancang prosedur audit yang tepat procedures that are appropriate in the
sesuai dengan kondisinya, tetapi bukan untuk circumstances, but not for the purpose of
tujuan menyatakan opini atas efektivitas expressing an opinion on the effectiveness of the
pengendalian internal Grup. 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 dibuat accounting estimates and related disclosures
oleh manajemen. made by management.
• Menyimpulkan ketepatan penggunaan basis • Conclude on the appropriateness of
akuntansi kelangsungan usaha oleh manajemen management's use of the going concern basis of
dan, berdasarkan bukti audit yang diperoleh, accounting and, based on the audit evidence
apakah terdapat suatu ketidakpastian material obtained, whether a material uncertainty exists
yang terkait dengan peristiwa atau kondisi yang related to events or conditions that may cast
dapat menyebabkan keraguan signifikan atas significant doubt on the Group's ability to continue
kemampuan Grup untuk mempertahankan as a going concern. If we conclude that a material
kelangsungan usahanya. Ketika kami uncertainty exists, we are required to draw
menyimpulkan bahwa terdapat suatu attention in our auditors' report to the related
ketidakpastian material, kami diharuskan untuk disclosures in the consolidated financial
menarik perhatian dalam laporan auditor kami ke statements or, if such disclosures are inadequate,
pengungkapan terkait dalam laporan keuangan to modify our opinion. Our conclusions are based
konsolidasian atau, jika pengungkapan tersebut on the audit evidence obtained up to the date of
tidak memadai, harus menentukan apakah perlu our auditors' report. However, future events or
untuk mernodifikasi opini kami. Kesimpulan kami conditions may cause the Group to cease to
didasarkan pada bukti audit yang diperoleh continue as a going concern.
hingga tanggal laporan auditor kami. Namun,
peristiwa atau kondisi rnasa depan dapat
menyebabkan Grup tidak dapat
mernpertahankan kelangsungan usaha.
• Mengevaluasi penyajian, struktur, dan isi laporan • Evaluate the overall presentation, structure and
keuangan konsolidasian secara keseluruhan, content of the consolidated financial statements,
termasuk pengungkapannya, dan apakah including the disclosures, and whether the
laporan keuangan konsolidasian mencerminkan consolidated financial statements represent the
transaksi dan peristiwa yang mendasarinya underlying transactions and events in a manner
dengan suatu cara yang mencapai penyajian that achieves fair presentation.
wajar.
• Merencanakan dan melaksanakan audit grup • Plan and perform the group audit to obtain •
untuk memperoleh bukti audit yang cukup dan sufficient appropliate audit evidence regarding the
tepat terkait informasi keuangan entitas atau unit financial information of the entities or business
bisnis dalam grup sebagai basis untuk units within the group as a basis for forming an
merumuskan opini atas laporan keuangan grup. opinion on the group financial statements. We are
Kami bertanggung jawab atas arahan, supervisi, responsible for the direction, supervision and
dan penelaahan atas pelaksanaan pekerjaan review of the audit work performed for purposes of
audit untuk tujuan audit grup. Kami tetap the group audit. We remain solely responsible for
bertanggung jawab sepenuhnya atas opini audit our audit opinion.
kami.
Kami mengomunikasikan kepada pihak yang We communicate with those charged with governance
bertanggung jawab atas tata kelola mengenai, antara regarding, among other matters, the planned scope
lain, ruang lingkup dan saat yang direncanakan atas and timing of the audit and significant audit findings,
audit, serta temuan audit signifikan, termasuk setiap including any significant deficiencies in internal control
defisiensi signifikan dalam pengendalian internal that we identify during our audit.
yang teridentifikasi oleh kami selama audit.
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Page 638
Performance Management Company Management Risk
Highlights Reports Profile Discussion & Analysis Management
plVC
Kami juga memberikan suatu pernyataan kepada We also provide those charged with governance with a
pihak yang bertanggung jawab atas tata kelola statement that we have complied with relevant ethical
bahwa kami telah mematuhi ketentuan etika requirements regarding independence, and to
yang relevan mengenai independensi, dan communicate with them all relationships and other
mengomunikasikan seluruh hubungan serta hal-hal matters that may reasonably be thought to bear on our
lain yang dianggap secara wajar berpengaruh independence, and where applicable, actions taken to
terhadap independensi kami, dan, jika relevan, eliminate threats or safeguards applied.
langkah yang diambil untuk menghilangkan ancaman
atau pengamanan yang diterapkan.
Dari hal-hal yang dikomunikasikan kepada pihak From the matters communicated with those
yang bertanggung jawab atas tata kelola, kami charged with governance, we determine those
menentukan hal-hal tersebut yang paling signifikan matters that were of most significance in the audit of
dalam audit atas laporan keuangan konsolidasian the consolidated financial statements of the current
periode kini dan oleh karenanya menjadi hal period and are therefore the key audit matters.
audit utama. Kami menguraikan hal audit utama We describe these matters in our auditors' report
dalam laporan auditor kami, kecuali peraturan unless Jaw or regulation precludes public disclosure
perundang-undangan melarang pengungkapan about the matter or when, in extremely rare
publik tentang hal tersebut atau ketika, dalam circumstances, we determine that a matter should
kondisi yang sangat jarang terjadi, kami menentukan not be communicated in our report because the
bahwa suatu hal tidak boleh dikomunikasikan adverse consequences of doing so would reasonably
dalam laporan kami karena konsekuensi merugikan be expected to outweigh the public interest benefits of
dari mengomunikasikan hal tersebut akan such communication.
diekspektasikan secara wajar melebihi manfaat
kepentingan publik atas komunikasi tersebut.
JAKARTA
Jimmy Pangestu, S.E., CPA 0.M Cl.,_.0 ""•v• Tl I.
oo,r,n 141_:ir,Au 1,0, 111� l 1,11101'6
lzin Akuntan Publik/Pub/ic Accountant License No. AP.1124
640 PT BANK CIMB NIAGA TBK 2025 Annual Report
00167/2.1457/AU.1/07/1124-3/1/ll/2026
Page 639
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
LAPORAN POSISI KEUANGAN KONSOLIDASIAN CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Catatan/
Notes 2025 2024 2023
ASET ASSETS
Kas 2e,2f,2i,4 3,657,344 3,650,137 3,928,446 Cash
Giro pada Bank Indonesia 2e,2f,2j,5 11,670,605 9,990,709 13,180,254 Current accounts with Bank Indonesia
Giro pada bank lain 1,907,866 2,508,917 2,703,266 Current accounts with other banks
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai - - - impairment losses
2e,2f,2h,2j,2ah,6,48 1,907,866 2,508,917 2,703,266
Penempatan pada bank lain Placement with other banks
dan Bank Indonesia 11,842,588 5,047,695 4,541,702 and Bank Indonesia
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (71) - (8,714) impairment losses
2e,2f,2h,2k,7 11,842,517 5,047,695 4,532,988
Efek-efek 20,326,814 23,456,134 9,403,093 Marketable securities
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (782) (840) (39,160) impairment losses
2e,2f,2h,2l,8 20,326,032 23,455,294 9,363,933
Obligasi Pemerintah 2e,2f,2l,9 65,138,715 70,354,627 70,596,507 Government Bonds
Efek-efek yang dibeli dengan janji Securities purchased under
dijual kembali 2f,2m,10 1,000,129 1,612,832 5,159,387 resale agreements
Tagihan derivatif Derivative receivables
Pihak berelasi 2e,2f,2n,2ah,11,48 28,985 22,140 18,805 Related parties
Pihak ketiga 2e,2f,2n,11 744,707 1,162,750 830,209 Third parties
773,692 1,184,890 849,014
Kredit yang diberikan Loans
Pihak berelasi 2e,2f,2o,2ah,12,48 146,303 122,324 170,757 Related parties
Pihak ketiga 2e,2f,2o,12 227,851,680 217,827,612 205,745,793 Third parties
227,997,983 217,949,936 205,916,550
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (8,053,555) (10,451,126) (11,905,707) impairment losses
2e,2f,2h,2o,2ah,12,48 219,944,428 207,498,810 194,010,843
Piutang pembiayaan konsumen 10,310,842 10,053,059 7,453,320 Consumer financing receivables
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (329,830) (202,274) (141,776) impairment losses
2f,2h,2p,13 9,981,012 9,850,785 7,311,544
Tagihan akseptasi 1,937,050 2,761,800 1,102,091 Acceptance receivables
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (1,592) (9,833) (8,638) impairment losses
2e,2f,2h,2q,14 1,935,458 2,751,967 1,093,453
Penyertaan - bersih 2f,2h,2r,15 23,143 23,143 3,659 Investments- net
Aset tetap 9,821,997 9,412,967 9,563,327 Fixed assets
Dikurangi: Akumulasi penyusutan (2,620,686) (2,609,472) (2,788,591) Less: Accumulated depreciation
2s,2w,2ah,16,48 7,201,311 6,803,495 6,774,736
Aset takberwujud 5,244,591 4,793,792 4,366,593 Intangible assets
Dikurangi: Akumulasi amortisasi (3,215,854) (2,749,412) (2,291,937) Less: Accumulated amortisation
2t,17 2,028,737 2,044,380 2,074,656
Aset yang diambil alih 816,623 682,326 470,293 Foreclosed assets
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (354,251) (263,160) (233,813) impairment losses
2h,2u,18 462,372 419,166 236,480
Uang muka pajak 2ae,30a 3,060,883 3,192,348 1,928,984 Prepaid taxes
Pendapatan bunga yang masih akan diterima 2e,2f,2ah,19,48 3,104,033 3,027,711 3,414,197 Accrued interest income
Beban dibayar dimuka 2e,2v,20 1,259,147 1,218,479 1,195,194 Prepaid expenses
Aset pajak tangguhan - bersih 2e,2ae,30d 156,754 117,989 1,377,659 Deferred tax assets - net
Aset lain-lain 7,361,687 5,639,882 5,136,741 Other assets
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (136,972) (172,746) (502,708) impairment losses
2e,2f,2h,2v,2ah,21,48 7,224,715 5,467,136 4,634,033
JUMLAH ASET 372,698,893 360,220,510 334,369,233 TOTAL ASSETS
Catatan atas laporan keuangan konsolidasian merupakan bagian yang tidak The accompanying notes form an integral part of these
terpisahkan dari laporan keuangan konsolidasian. consolidated financial statements.
Halaman – 1/1 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 640
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
LAPORAN POSISI KEUANGAN KONSOLIDASIAN CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Catatan/
Notes 2025 2024 2023
LIABILITAS DAN EKUITAS LIABILITIES AND EQUITY
LIABILITAS LIABILITIES
Liabilitas segera 2e,2f,2x,2ah,22,48 3,892,219 4,473,871 3,581,921 Obligations due immediately
Simpanan dari nasabah Deposits from customers
Giro Demand deposits
Pihak berelasi 2e,2f,2y,2ah,23,48 197,571 253,933 218,626 Related parties
Pihak ketiga 2e,2f,2y,23 102,881,716 91,534,201 72,983,177 Third parties
103,079,287 91,788,134 73,201,803
Tabungan Saving deposits
Pihak berelasi 2e,2f,2y,2ah,24,48 313,595 301,862 253,790 Related parties
Pihak ketiga 2e,2f,2y,24 86,067,637 79,977,209 77,177,034 Third parties
86,381,232 80,279,071 77,430,824
Deposito berjangka Time deposits
Pihak berelasi 2e,2f,2y,2ah,25,48 21,776 30,507 39,175 Related parties
Pihak ketiga 2e,2f,2y,25 81,040,485 88,541,315 85,189,868 Third parties
81,062,261 88,571,822 85,229,043
Jumlah simpanan dari nasabah 270,522,780 260,639,027 235,861,670 Total deposits from customers
Simpanan dari bank lain Deposits from other banks
Giro dan tabungan 2e,2f,2y,2ah,26,48 2,915,935 3,128,574 1,505,795 Demand and saving deposits
Inter-bank call money dan Inter-bank call money and
deposito berjangka 2e,2f,2y,27 4,450,375 2,830,894 254,652 time deposits
7,366,310 5,959,468 1,760,447
Efek-efek yang dijual dengan Securities sold under
janji dibeli kembali 2f,2m,10 11,514,958 11,288,963 20,426,826 repurchase agreement
Liabilitas derivatif Derivative payables
Pihak berelasi 2e,2f,2n,2ah,11,48 24,211 15,751 19,907 Related parties
Pihak ketiga 2e,2f,2n,11 573,908 890,879 520,144 Third parties
598,119 906,630 540,051
Liabilitas akseptasi 2e,2f,2q,14 1,937,050 2,761,800 1,102,091 Acceptance payables
Efek-efek yang diterbitkan 2f,2z,28 3,685,222 1,687,452 2,297,702 Marketable securities issued
Pinjaman yang diterima 2e,2f,2aa,29 4,455,255 8,487,935 6,288,525 Borrowings
Utang pajak 2ae,30b Taxes payable
- Pajak penghasilan badan induk perusahaan 343,956 181,410 163,942 Corporate income taxes of parent company -
- Pajak lain-lain 49,263 165,865 270,911 Other taxes -
393,219 347,275 434,853
Beban yang masih harus dibayar Accruals and other
dan liabilitas lain-lain liabilities
- Beban yang masih harus dibayar 2f,2ah,31a,48 2,211,949 2,420,531 3,312,528 Accruals -
- Liabilitas lain-lain 2e,2f,2ah,31b,48 6,303,236 6,367,313 7,729,034 Other liabilities -
8,515,185 8,787,844 11,041,562
Liabilitas imbalan kerja 2af,44 1,661,393 1,609,404 1,540,595 Employee benefit obligations
Pinjaman subordinasi Subordinated loans
Pihak berelasi 2f,2aa,2ah,32,48 - 35,767 35,996 Related parties
Pihak ketiga 2f,2aa,32 - 38,747 119,623 Third parties
- 74,514 155,619
JUMLAH LIABILITAS 314,541,710 307,024,183 285,031,862 TOTAL LIABILITIES
Catatan atas laporan keuangan konsolidasian merupakan bagian yang tidak The accompanying notes form an integral part of these
terpisahkan dari laporan keuangan konsolidasian. consolidated financial statements.
Halaman – 1/2 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 641
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
LAPORAN POSISI KEUANGAN KONSOLIDASIAN CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Catatan/
Notes 2025 2024 2023
EKUITAS EQUITY
Ekuitas diatribusikan kepada Equity attributable to
pemilik entitas induk owners of the parent
Modal saham Share capital
Modal dasar 71.853.936 Authorised capital 71,853,936
saham biasa kelas A, dengan class A ordinary shares with
nilai nominal Rp 5.000 (nilai penuh) par value of Rp 5,000 (full
per saham dan 50.814.606.400 amount) per share, and
saham biasa kelas B, 50,814,606,400 class B
dengan nilai nominal Rp 50 ordinary shares with par value
(nilai penuh) per saham of Rp 50 (full amount) per share
Modal ditempatkan dan disetor penuh Issued and fully paid
71.853.936 lembar saham biasa kelas A pada tanggal 71,853,936 class A ordinary shares as at
31 Desember 2025, 2024, dan 2023 31 December 2025, 2024, and 2023
dan saham biasa kelas B sebanyak 25.070.351.907 lembar and class B ordinary shares total 25,070,351,907 shares
tanggal 31 Desember 2025, 2024 dan 25.059.752.907 lembar as at 31 December 2025, 2024 and 25,059,752,907 shares
pada tanggal 31 Desember 2023 33 1,612,787 1,612,787 1,612,257 as at 31 December 2023
Tambahan modal disetor 2c 7,135,019 7,135,003 7,068,257 Additional paid in capital
Transaksi dengan kepentingan nonpengendali (35,723) (35,723) (35,723) Transactions with non-controlling interest
Saham tresuri 2ai (2,366) (5,649) (135,104) Treasury shares
Cadangan kompensasi berbasis saham 45 84,332 90,994 137,123 Share-based compensation reserve
Selisih penilaian kembali aset tetap 2s,16 4,695,405 4,176,647 4,181,209 Reserve on revaluation of fixed assets
Keuntungan/(kerugian) yang belum direalisasi Unrealised gains/(losses) of marketable securities and
atas efek-efek dan obligasi pemerintah dalam kelompok government bonds on fair value through
nilai wajar melalui penghasilan komprehensif lain - bersih 2l 436,832 (963,166) (879,270) other comprehensive income - net
Cadangan umum dan wajib 34 371,525 371,525 351,538 General and statutory reserve
Saldo laba 43,642,046 40,616,769 36,892,257 Retained earnings
57,939,857 52,999,187 49,192,544
Kepentingan nonpengendali 2c,49a 217,326 197,140 144,827 Non-controlling interest
JUMLAH EKUITAS 58,157,183 53,196,327 49,337,371 TOTAL EQUITY
JUMLAH LIABILITAS TOTAL LIABILITIES
DAN EKUITAS 372,698,893 360,220,510 334,369,233 AND EQUITY
Catatan atas laporan keuangan konsolidasian merupakan bagian yang tidak The accompanying notes form an integral part of these
terpisahkan dari laporan keuangan konsolidasian. consolidated financial statements.
Halaman – 1/3 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 642
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
LAPORAN LABA RUGI DAN PENGHASILAN CONSOLIDATED STATEMENTS OF PROFIT OR LOSS
KOMPREHENSIF LAIN KONSOLIDASIAN AND OTHER COMPREHENSIVE INCOME
UNTUK TAHUN-TAHUN YANG BERAKHIR FOR THE YEARS ENDED
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Catatan/
Notes 2025 2024 2023
PENDAPATAN DAN BEBAN INCOME AND EXPENSES
OPERASIONAL FROM OPERATIONS
Pendapatan bunga 2ab,2ah,35,48 19,872,819 18,946,873 17,388,452 Interest income
Pendapatan syariah 2ab,35,61 4,799,141 5,280,443 4,917,548 Sharia income
Beban bunga 2ab,2ah,36,48 (8,305,748) (7,856,718) (6,274,456) Interest expense
Beban syariah 2ab,36,61 (2,889,923) (3,104,058) (2,679,161) Sharia expense
Pendapatan bunga dan syariah - bersih 13,476,289 13,266,540 13,352,383 Net interest and sharia income
Pendapatan operasional lainnya: Other operating income:
Provisi dan komisi lainnya 2ac,2ah,37,48 2,958,926 3,002,087 3,154,830 Other fees and commissions
(Kerugian)/keuntungan transaksi mata uang asing 2e (64,241) 764,866 176,255 Foreign exchange (losses)/gains
Lain-lain 2ak 768,314 931,979 479,126 Others
Jumlah pendapatan operasional lainnya 3,662,999 4,698,932 3,810,211 Total other operating income
Kerugian penurunan nilai atas aset keuangan Impairment losses on financial
dan nonkeuangan - bersih 2h,38 (1,685,457) (1,805,250) (2,006,613) and non-financial assets - net
Keuntungan dari instrumen keuangan yang Gains from financial instruments measured at
diukur pada nilai wajar melalui laba rugi - bersih 2n,2l,39 127,445 465,526 1,097,419 fair value through profit or loss - net
Keuntungan dari penjualan aset keuangan - bersih 2l,40 2,168,955 486,538 525,507 Gains from sale of financial assets - net
Beban operasional lainnya: Other operating expenses:
Beban tenaga kerja 2ad,2ah,41,48 (5,293,129) (5,135,231) (4,947,412) Personnel expenses
Beban umum dan administrasi 2ad,2ah,42,48 (3,668,085) (3,678,228) (3,615,769) General and administrative expenses
(Beban)/pembalikan lain-lain (6,932) 64,060 (20,346) Other (expenses)/reversal
Jumlah beban operasional lainnya (8,968,146) (8,749,399) (8,583,527) Total other operating expenses
LABA OPERASIONAL BERSIH 8,782,085 8,362,887 8,195,380 NET OPERATING INCOME
PENDAPATAN BUKAN OPERASIONAL INCOME FROM NON OPERATIONS
Pendapatan bukan operasional - bersih 43 43,680 365,900 161,892 Non operating income - net
LABA SEBELUM PAJAK INCOME BEFORE
PENGHASILAN 8,825,765 8,728,787 8,357,272 INCOME TAX
BEBAN PAJAK PENGHASILAN 2ae,30c (1,890,380) (1,829,853) (1,805,871) INCOME TAX EXPENSE
LABA BERSIH 6,935,385 6,898,934 6,551,401 NET INCOME
Catatan atas laporan keuangan konsolidasian merupakan bagian yang tidak The accompanying notes form an integral part of these
terpisahkan dari laporan keuangan konsolidasian. consolidated financial statements.
Halaman – 2/1 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 643
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
LAPORAN LABA RUGI DAN PENGHASILAN CONSOLIDATED STATEMENTS OF PROFIT OR LOSS
KOMPREHENSIF LAIN KONSOLIDASIAN AND OTHER COMPREHENSIVE INCOME
UNTUK TAHUN-TAHUN YANG BERAKHIR FOR THE YEARS ENDED
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Catatan/
Notes 2025 2024 2023
Laba bersih 6,935,385 6,898,934 6,551,401 Net income
Penghasilan komprehensif lain: Other comprehensive income:
Pos-pos yang tidak akan direklasifikasi ke laba rugi Items that will not be reclassified to profit or loss
Pengukuran kembali atas program imbalan pasti Remeasurement of post employment
keuntungan/(kerugian) aktuarial 2af 59,394 (3,584) (26,814) benefits obligation actuarial gains/(losses)
Selisih penilaian kembali aset tetap 2s,16 518,744 (4,592) 1,176 Reserve on revaluation of fixed assets
578,138 (8,176) (25,638)
Pajak penghasilan terkait pos-pos yang tidak Income tax relating to item that will not be
akan direklasifikasi ke laba rugi 30d (15,327) 2,953 4,976 reclassified to profit or loss
562,811 (5,223) (20,662)
Pos-pos yang akan direklasifikasi ke laba rugi Item that will be reclassified to profit or loss
Keuntungan/(kerugian) yang belum direalisasi atas perubahan Unrealised gains/(losses) from changes in fair value of
nilai wajar dari efek-efek dan obligasi pemerintah dalam marketable securities and government bonds on
kelompok nilai wajar melalui penghasilan komprehensif lain 1,701,184 (138,457) 299,060 fair value through other comprehensive income
Pajak penghasilan terkait pos-pos yang Income tax relating to item that will be
akan direklasifikasi ke laba rugi 30d (301,186) 54,561 (29,602) reclassified to profit or loss
1,399,998 (83,896) 269,458
PENGHASILAN KOMPREHENSIF LAIN - OTHER COMPREHENSIVE INCOME -
SETELAH PAJAK 1,962,809 (89,119) 248,796 NET OF TAX
JUMLAH PENGHASILAN KOMPREHENSIF 8,898,194 6,809,815 6,800,197 TOTAL COMPREHENSIVE INCOME
Laba bersih yang dapat diatribusikan
kepada: Net income attributable to:
Pemilik entitas induk 6,876,537 6,825,773 6,474,195 Equity holders of the parent
Kepentingan nonpengendali 49b 58,848 73,161 77,206 Non-controlling interest
6,935,385 6,898,934 6,551,401
Jumlah penghasilan komprehensif yang Total comprehensive income
dapat diatribusikan kepada: attributable to:
Pemilik entitas induk 8,839,185 6,735,811 6,723,316 Equity holders of the parent
Kepentingan nonpengendali 49a 59,009 74,004 76,881 Non-controlling interest
8,898,194 6,809,815 6,800,197
LABA PER SAHAM EARNINGS PER SHARE
(dalam nilai penuh Rupiah (expressed in Rupiah full
per saham) 2ag,46 amount per share)
Dasar 273.53 271.59 259.45 Basic
Dilusian 273.53 271.59 259.45 Diluted
Catatan atas laporan keuangan konsolidasian merupakan bagian yang tidak The accompanying notes form an integral part of these
terpisahkan dari laporan keuangan konsolidasian. consolidated financial statements.
Halaman – 2/2 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 644
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
LAPORAN PERUBAHAN EKUITAS KONSOLIDASIAN CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY
UNTUK TAHUN-TAHUN YANG BERAKHIR FOR THE YEARS ENDED
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Diatribusikan kepada pemilik entitas induk/Attributable to equity holders of the parent
Keuntungan/(kerugian)
yang belum direalisasi
atas efek-efek dan
obligasi pemerintah
diukur pada nilai wajar
melalui penghasilan
komprehensif lain - Saldo laba yang telah
bersih/ ditentukan
Unrealised penggunaannya -
Transaksi dengan Cadangan Selisih penilaian gains/(losses) on fair cadangan umum dan
kepentingan non kompensasi kembali aset value through other wajib/ Saldo laba yang belum
Tambahan modal pengendali/ berbasis saham/ tetap/ comprehensive income Appropriated ditentukan
disetor/ Transaction with Share based Reserve on marketable securities retained earnings - penggunaannya*) / Kepentingan
Catatan/ Modal saham/ Additional paid in non-controlling compensation revaluation of and government bonds Saham tresuri/ general and statutory Unappropriated nonpengendali/ Non- Jumlah ekuitas/
Notes Share capital capital interest reserve fixed assets - net Treasury shares reserve retained earnings*) Jumlah/ Total controlling interest Total equity
\
Saldo 1 Januari 2025 1,612,787 7,135,003 (35,723) 90,994 4,176,647 (963,166) (5,649) 371,525 40,616,769 52,999,187 197,140 53,196,327 Balance as at 1 January 2025
Jumlah laba komprehensif Total comprehensive income
tahun berjalan: for the current year:
- Laba bersih - - - - - - - - 6,876,537 6,876,537 58,848 6,935,385 Net income -
- Penghasilan komprehensif lain *) 2l,2af,8,9,16,49 - - - - 518,758 1,399,998 - - 43,892 1,962,648 161 1,962,809 Other comprehensive income *) -
- - - - 518,758 1,399,998 - - 6,920,429 8,839,185 59,009 8,898,194
Transaksi dengan pemilik dalam Transaction with owners in their
kapasitasnya sebagai pemilik: capacity as owners:
- Pembagian dividen tunai atas laba bersih Distribution of cash dividend -
tahun buku 2024 - - - - - - - - (3,915,399) (3,915,399) (38,823) (3,954,222) on 2024 financial year net income
- Pelepasan saham tresuri 33 - 16 - - - - 3,283 - - 3,299 - 3,299 Issuance of treasury shares -
- Pembalikan cadangan kompensasi berbasis saham 45 - - - (6,662) - - - - - (6,662) - (6,662) Reversal of share based compensation reserve -
PT BANK CIMB NIAGA TBK 2025 Annual Report
- Penjualan aset tetap revaluasian - - - - - - - - 20,247 20,247 - 20,247 Sale of revalued fixed assets -
- 16 - (6,662) - - 3,283 - (3,895,152) (3,898,515) (38,823) (3,937,338)
Saldo 31 Desember 2025 1,612,787 7,135,019 (35,723) 84,332 4,695,405 436,832 (2,366) 371,525 43,642,046 57,939,857 217,326 58,157,183 Balance as at 31 December 2025
*) Termasuk di dalam saldo laba yang belum ditentukan penggunaannya adalah Included in unappropriated retained earnings are the *)
pengukuran kembali atas program imbalan pasti setelah pajak remeasurement of post employment benefits obligation net of tax
Catatan atas laporan keuangan konsolidasian merupakan bagian yang tidak The accompanying notes form an integral part of these consolidated financial statements.
terpisahkan dari laporan keuangan konsolidasian.
Halaman – 3/1 – Page
Page 645
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
LAPORAN PERUBAHAN EKUITAS KONSOLIDASIAN CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY
UNTUK TAHUN-TAHUN YANG BERAKHIR FOR THE YEARS ENDED
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Diatribusikan kepada pemilik entitas induk/Attributable to equity holders of the parent
Kerugian
yang belum direalisasi
atas efek-efek dan
obligasi pemerintah
diukur pada nilai wajar
melalui penghasilan Saldo laba yang telah
komprehensif lain - ditentukan
bersih/ penggunaannya -
Transaksi dengan Cadangan Selisih penilaian Unrealised losses on cadangan umum dan
kepentingan non kompensasi kembali aset fair value through other wajib/ Saldo laba yang belum
Tambahan modal pengendali/ berbasis saham/ tetap/ comprehensive income Appropriated ditentukan
disetor/ Transaction with Share based Reserve on marketable securities retained earnings - penggunaannya*) / Kepentingan
Catatan/ Modal saham/ Additional paid in non-controlling compensation revaluation of and government bonds Saham tresuri/ general and statutory Unappropriated nonpengendali/ Non- Jumlah ekuitas/
Notes Share capital capital interest reserve fixed assets - net Treasury shares reserve retained earnings*) Jumlah/ Total controlling interest Total equity
\
Saldo 1 Januari 2024 1,612,257 7,068,257 (35,723) 137,123 4,181,209 (879,270) (135,104) 351,538 36,892,257 49,192,544 144,827 49,337,371 Balance as at 1 January 2024
Jumlah laba komprehensif Total comprehensive income
tahun berjalan: for the current year:
- Laba bersih - - - - - - - - 6,825,773 6,825,773 73,161 6,898,934 Net income -
- Penghasilan komprehensif lain *) 2l,2af,8,9,16,49 - - - - (4,562) (83,896) - - (1,504) (89,962) 843 (89,119) Other comprehensive income *) -
- - - - (4,562) (83,896) - - 6,824,269 6,735,811 74,004 6,809,815
Transaksi dengan pemilik dalam Transaction with owners in their
kapasitasnya sebagai pemilik: capacity as owners:
- Pembagian dividen tunai atas laba bersih Distribution of cash dividend -
tahun buku 2023 - - - - - - - - (3,084,362) (3,084,362) (21,678) (3,106,040) on 2023 financial year net income
- Pelepasan saham tresuri 33 - 66,746 - - - - 129,455 - - 196,201 - 196,201 Issuance of treasury shares -
- Pembentukan cadangan umum - - - - - - - 19,987 (19,987) - - - Allocation for general reserve -
- Pembalikan cadangan kompensasi berbasis saham 45 - - - (46,129) - - - - - (46,129) - (46,129) Reversal of share based compensation reserve -
- Penerbitan saham biasa 33 530 - - - - - - - - 530 - 530 Issuance of ordinary share -
- Penjualan aset tetap revaluasian - - - - - - - - 4,592 4,592 - 4,592 Sale of revalued fixed assets -
- Perubahan kepentingan nonpengendali atas transaksi Changes in non-controlling interests due to other transactions -
lainnya dengan kepentingan nonpengendali - - - - - - - - - - (13) (13) with non-controlling interests
530 66,746 - (46,129) - - 129,455 19,987 (3,099,757) (2,929,168) (21,691) (2,950,859)
Saldo 31 Desember 2024 1,612,787 7,135,003 (35,723) 90,994 4,176,647 (963,166) (5,649) 371,525 40,616,769 52,999,187 197,140 53,196,327 Balance as at 31 December 2024
*) Termasuk di dalam saldo laba yang belum ditentukan penggunaannya adalah Included in unappropriated retained earnings are the *)
pengukuran kembali atas program imbalan pasti setelah pajak remeasurement of post employment benefits obligation net of tax
PT BANK CIMB NIAGA TBK 2025 Annual Report
Catatan atas laporan keuangan konsolidasian merupakan bagian yang tidak The accompanying notes form an integral part of these consolidated financial statements.
terpisahkan dari laporan keuangan konsolidasian.
Halaman – 3/2 – Page
Page 646
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
LAPORAN PERUBAHAN EKUITAS KONSOLIDASIAN CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY
UNTUK TAHUN-TAHUN YANG BERAKHIR FOR THE YEARS ENDED
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Diatribusikan kepada pemilik entitas induk/Attributable to equity holders of the parent
(Kerugian)/keuntungan
yang belum direalisasi
atas efek-efek dan
obligasi pemerintah
diukur pada nilai wajar
melalui penghasilan
komprehensif lain - Saldo laba yang telah
bersih/ ditentukan
Unrealised penggunaannya -
Transaksi dengan Cadangan Selisih penilaian (losses)/gains on fair cadangan umum dan
kepentingan kompensasi kembali aset value through other wajib/ Saldo laba yang belum
Tambahan modal nonpengendali/ berbasis saham/ tetap/ comprehensive income Appropriated ditentukan
disetor/ Transactions with Share-based Reserve on marketable securities retained earnings - penggunaannya*) / Kepentingan
Catatan/ Modal saham/ Additional paid-in non-controlling compensation revaluation of and government bonds Saham treasuri/ general and statutory Unappropriated nonpengendali/ Non- Jumlah ekuitas/
Notes Share capital capital interest reserve fixed assets - net Treasury shares reserve retained earnings*) Jumlah/ Total controlling interest Total equity
\
Saldo 1 Januari 2023 1,612,257 7,033,450 (35,723) 137,105 4,180,033 (1,148,728) (249,459) 351,538 33,311,417 45,191,890 84,373 45,276,263 Balance as at 1 January 2023
Jumlah laba komprehensif Total comprehensive income
tahun berjalan: for the current year:
- Laba bersih - - - - - - - - 6,474,195 6,474,195 77,206 6,551,401 Net income -
- Penghasilan komprehensif lain *) 2l,2af,8,9,16,49 - - - - 1,176 269,458 - - (21,513) 249,121 (325) 248,796 Other comprehensive income *) -
- - - - 1,176 269,458 - - 6,452,682 6,723,316 76,881 6,800,197
Transaksi dengan pemilik dalam Transaction with owners in their
kapasitasnya sebagai pemilik: capacity as owners:
- Pembagian dividen tunai atas laba bersih Distribution of cash dividend -
tahun buku 2022 - - - - - - - - (2,871,842) (2,871,842) (16,492) (2,888,334) on 2022 financial year net income
- Pelepasan saham treasuri 33 - 34,807 - - - - 114,355 - - 149,162 65 149,227 Issuance of treasury shares -
- Penambahan cadangan kompensasi berbasis saham 45 - - - 18 - - - - - 18 - 18 Addition of share based compensation reserve -
PT BANK CIMB NIAGA TBK 2025 Annual Report
- 34,807 - 18 - - 114,355 - (2,871,842) (2,722,662) (16,427) (2,739,089)
Saldo 31 Desember 2023 1,612,257 7,068,257 (35,723) 137,123 4,181,209 (879,270) (135,104) 351,538 36,892,257 49,192,544 144,827 49,337,371 Balance as at 31 December 2023
*) Termasuk di dalam saldo laba yang belum ditentukan penggunaannya adalah Included in unappropriated retained earnings are the *)
pengukuran kembali atas program imbalan pasti setelah pajak remeasurement of post employment benefits obligation net of tax
Catatan atas laporan keuangan konsolidasian merupakan bagian yang tidak The accompanying notes form an integral part of these consolidated financial statements.
terpisahkan dari laporan keuangan konsolidasian.
Halaman – 3/3 – Page
Page 647
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
LAPORAN ARUS KAS KONSOLIDASIAN CONSOLIDATED STATEMENTS OF CASH FLOWS
UNTUK TAHUN-TAHUN YANG BERAKHIR FOR THE YEARS ENDED
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Catatan/
Notes 2025 2024 2023
Arus kas dari aktivitas operasi Cash flow from operating activities
Pendapatan bunga, provisi, dan komisi yang diterima 27,602,122 27,615,905 24,970,474 Receipt of interest, fees, and commissions income
Bunga, provisi, dan komisi yang dibayar (11,019,095) (11,800,663) (8,680,466) Payments of interest, fees, and commissions
Penghasilan operasional lainnya yang diterima 768,314 931,979 479,126 Other operating income received
Penerimaan bersih dari transaksi derivatif (144,084) 1,364,865 1,211,885 Net proceeds from derivative transactions
Beban operasional lainnya (8,264,411) (6,675,413) (6,132,729) Other operating expenses
Pendapatan bukan operasional - bersih 85,057 430,230 162,758 Non-operating income - net
Pajak penghasilan yang dibayar selama
tahun berjalan (2,023,814) (475,959) (1,662,666) Income tax paid during the year
Arus kas sebelum perubahan dalam Cash flow before changes in
aset dan liabilitas operasi 7,004,089 11,390,944 10,348,382 operating assets and liabilities
Perubahan dalam aset dan liabilitas: Changes in assets and liabilities :
Penurunan/(kenaikan) aset: Decrease/(increase) in assets:
- Penempatan pada bank lain dan Bank Indonesia Placements with other banks and Bank Indonesia -
(jatuh tempo lebih dari 3 bulan) (matures more than 3 months)
Efek-efek dan Obligasi Pemerintah Fair value through profit or loss marketable securities
untuk tujuan diukur pada nilai wajar melalui laba rugi (288,817) (4,017,481) (9,355,699) and Government Bonds
Efek-efek yang dibeli dengan janji dijual kembali 612,579 3,546,555 (4,649,080) Securities purchased under resale agreements
Kredit yang diberikan (13,491,178) (14,903,579) (18,136,127) Loans
Tagihan akseptasi 878,323 (1,659,709) 1,004,505 Acceptance receivables
Piutang pembiayaan konsumen (648,918) (2,900,948) (1,796,613) Consumer financing receivables
Kenaikan/(penurunan) liabilitas: Increase/(decrease) in liabilities:
Simpanan dari nasabah 9,460,298 20,169,736 8,120,334 Deposits from customers
Simpanan dari bank lain 1,381,362 4,199,021 (745,565) Deposits from other banks
Efek-efek yang dijual dengan janji dibeli kembali 225,995 (9,137,863) 14,364,099 Securities sold under repurchase agreement
Liabilitas akseptasi (878,385) 1,659,709 (1,004,505) Acceptance payables
Utang pajak (105,149) (124,448) 53,293 Taxes payable
Kas bersih yang diperoleh dari/(digunakan untuk) Net cash provided from/(used in)
aktivitas operasi 4,150,199 8,221,937 (1,796,976) operating activities
Arus kas dari aktivitas investasi Cash flow from investing activities
Disposal in
Penambahan atas penyertaan 15 - (20,000) - Addition in investments
Pembelian efek-efek dan Obligasi Purchase of fair value through other comprehensive income
Pemerintah - diukur pada nilai wajar melalui penghasilan and amortised cost marketable
komprehensif lain dan biaya perolehan diamortisasi (36,991,308) (55,895,912) (15,393,347) securities and Government Bonds
Penjualan efek-efek dan Obligasi Sell of fair value through other comprehensive income
Pemerintah - diukur pada nilai wajar melalui penghasilan and amortised cost marketable
komprehensif lain dan biaya perolehan diamortisasi 45,454,852 49,133,878 10,092,371 securities and Government Bonds
Hasil penjualan aset tetap - bersih 16 28,176 8,382 5,848 Proceeds from sale of fixed assets - net
Pembelian aset tetap 16 (391,793) (512,900) (284,346) Acquisition of fixed assets
Pembelian aset takberwujud 17 (456,923) (441,438) (418,963) Acquisition of intangible assets
Kas bersih yang diperoleh dari/(digunakan untuk) Net cash provided from/(used in)
aktivitas investasi 7,643,004 (7,727,990) (5,998,437) investing activities
Catatan atas laporan keuangan konsolidasian merupakan bagian yang tidak The accompanying notes form an integral part
terpisahkan dari laporan keuangan konsolidasian. of these consolidated financial statements.
Halaman – 4/1 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 648
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
LAPORAN ARUS KAS KONSOLIDASIAN CONSOLIDATED STATEMENTS OF CASH FLOWS
UNTUK TAHUN-TAHUN YANG BERAKHIR FOR THE YEARS ENDED
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Catatan/
Notes 2025 2024 2023
Arus kas dari aktivitas pendanaan Cash flow from financing activities
Pelepasan saham treasuri 2ai,33 3,283 129,455 - Treasury shares
Efek-efek yang diterbitkan 3,100,000 1,000,000 1,000,000 Marketable securities issued
Pembayaran dari pinjaman yang diterima (25,018,464) (10,235,264) (1,822,601) Payment from borrowings
Pembayaran pokok dan bunga dari Payment of principal and interest from
efek-efek yang diterbitkan dan pinjaman subordinasi (1,306,192) (1,792,236) (584,851) marketable securities issued and subordinated loans
Penambahan atas pinjaman yang diterima 20,983,000 13,423,500 4,683,520 Addition of borrowings
Penambahan modal saham - 530 - Addition of shares equity
Pembayaran atas pinjaman subordinasi (75,000) (83,000) (75,000) Payment of subordinated loans
Pembayaran liabilitas sewa (191,671) (179,750) - Payment of lease liabilities
Pembayaran dividen (3,954,222) (3,106,040) (2,871,842) Dividend paid
Kas bersih yang (digunakan untuk)/diperoleh dari Net cash (used in)/provided from
aktivitas pendanaan (6,459,266) (842,805) 329,226 financing activities
Pengaruh perubahan kurs mata uang Effects on exchange rate differences
pada kas dan setara kas 79,162 203,035 (102,346) in cash and cash equivalent
Kenaikan/(penurunan) bersih kas dan setara kas 5,413,099 (145,823) (7,568,533) Net increase/(decrease) in cash and cash equivalent
Kas dan setara kas pada awal tahun 24,337,359 24,483,182 32,051,715 Cash and cash equivalent at beginning of the year
Kas dan setara kas pada akhir tahun 29,750,458 24,337,359 24,483,182 Cash and cash equivalent at end of the year
Kas dan setara kas terdiri dari: Cash and cash equivalent consist of:
Kas 2e,2f,2h,2i,4,5,6,7,8 3,657,344 3,650,137 3,928,446 Cash
Giro pada Bank Indonesia 11,670,605 9,990,709 13,180,254 Current accounts with Bank Indonesia
Giro pada bank lain 1,907,866 2,508,917 2,703,266 Current accounts with other banks
Penempatan pada bank lain dan Bank Indonesia Placements with other banks and Bank Indonesia
jangka waktu jatuh tempo tiga bulan atau mature within three months or less
kurang sejak tanggal perolehan 11,842,588 5,047,695 4,541,702 since acquisition date
Sekuritas Rupiah Bank Indonesia Bank Indonesia Rupiah Securities
jangka waktu jatuh tempo tiga bulan atau mature within three months or less
kurang sejak tanggal perolehan 672,055 3,139,901 129,514 since acquisition date
Jumlah kas dan setara kas 29,750,458 24,337,359 24,483,182 Total cash and cash equivalents
Catatan atas laporan keuangan konsolidasian merupakan bagian yang tidak The accompanying notes form an integral part
terpisahkan dari laporan keuangan konsolidasian. of these consolidated financial statements.
Halaman – 4/2 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 649
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
LAPORAN ARUS KAS KONSOLIDASIAN CONSOLIDATED STATEMENTS OF CASH FLOWS
UNTUK TAHUN-TAHUN YANG BERAKHIR FOR THE YEARS ENDED
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Informasi tambahan arus kas: Supplemental cash flows information:
Aktivitas yang tidak mempengaruhi arus kas Activities not affecting cash flows
Perubahan nonkas/Non-cash changes
Arus kas/ Amortisasi diskonto dan premi/ Pergerakan valuta asing/
2024 Cash flow Amortisation of discount and premium Foreign currency movement 2025
Rekonsiliasi liabilitas yang timbul Reconciliation of liabilities arising from
dari aktivitas pendanaan financing activities
Kas dan setara kas 24,337,359 5,333,937 - 79,162 29,750,458 Cash and cash equivalents
Investasi likuid 272,069 39,244 - - 311,313 Liquid investments
Efek-efek yang diterbitkan (1,687,452) 1,997,770 - - (3,685,222) Marketable securities issued
Pinjaman yang diterima (8,487,935) (4,032,680) - - (4,455,255) Borrowings
Pinjaman subordinasi (74,514) (75,000) (486) - - Subordinated loans
Utang bersih 14,359,527 3,263,272 (486) 79,162 21,921,294 Net debt
Perubahan nonkas/Non-cash changes
Arus kas/ Amortisasi diskonto dan premi/ Pergerakan valuta asing/
2023 Cash flow Amortisation of discount and premium Foreign currency movement 2024
Rekonsiliasi liabilitas yang timbul Reconciliation of liabilities arising from
dari aktivitas pendanaan financing activities
Kas dan setara kas 24,483,182 (348,858) - 203,035 24,337,359 Cash and cash equivalents
Investasi likuid 458,785 (186,716) - - 272,069 Liquid investments
Efek-efek yang diterbitkan (2,297,702) (614,022) (3,772) - (1,687,452) Marketable securities issued
Pinjaman yang diterima (6,288,525) 2,199,410 - - (8,487,935) Borrowings
Pinjaman subordinasi (155,619) (81,105) - - (74,514) Subordinated loans
Utang bersih 16,200,121 968,708 (3,772) 203,035 14,359,527 Net debt
Perubahan nonkas/Non-cash changes
Arus kas/ Amortisasi diskonto dan premi/ Pergerakan valuta asing/
2022 Cash flow Amortisation of discount and premium Foreign currency movement 2023
Rekonsiliasi liabilitas yang timbul Reconciliation of liabilities arising from
dari aktivitas pendanaan financing activities
Kas dan setara kas 32,051,715 (7,466,187) - (102,346) 24,483,182 Cash and cash equivalents
Investasi likuid 302,056 156,730 - - 458,785 Liquid investments
Efek-efek yang diterbitkan (1,704,938) 589,516 (3,248) - (2,297,702) Marketable securities issued
Pinjaman yang diterima (3,425,409) 2,863,116 - - (6,288,525) Borrowings
Pinjaman subordinasi (228,311) (72,692) - - (155,619) Subordinated loans
Utang bersih 26,995,113 (3,929,517) (3,248) (102,346) 16,200,121 Net debt
Catatan atas laporan keuangan konsolidasian merupakan bagian yang tidak The accompanying notes form an integral part
terpisahkan dari laporan keuangan konsolidasian. of these consolidated financial statements.
Halaman – 4/3 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 650
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
1. INFORMASI UMUM 1. GENERAL INFORMATION
a. Pendirian dan informasi umum a. Establishment and general information
PT Bank CIMB Niaga Tbk (“Bank CIMB Niaga” atau PT Bank CIMB Niaga Tbk (“Bank CIMB Niaga" or the
“Bank”) didirikan menurut hukum yang berlaku di “Bank”) was established in accordance with laws
Indonesia, berdasarkan Akta Pendirian Perusahaan applicable in Indonesia by Notarial Deed No. 90 made
No. 90 yang dibuat di hadapan Raden Meester by Raden Meester Soewandi, notary in Jakarta dated
Soewandi, notaris di Jakarta tanggal 26 September 1955, which was amended by deed
26 September 1955 dan diubah dengan akta dari No. 9 of the same notary dated 4 November 1955.
notaris yang sama No. 9 tanggal 4 November 1955. These deeds were approved by the Minister of Justice
Akta-akta pendirian ini disahkan oleh Menteri of the Republic of Indonesia (currently Minister of Law
Kehakiman Republik Indonesia (sekarang Menteri and Human Rights) through decision letter
Hukum dan Hak Asasi Manusia) dengan surat No. J.A.5/110/15 dated 1 December 1955 and was
keputusan No. J.A.5/110/15 tanggal published in Supplement No. 729/1956 to the State
1 Desember 1955 dan diumumkan dalam Berita Gazette of the Republic of Indonesia No. 71 dated
Negara Republik Indonesia No. 71 tanggal 4 September 1956.
4 September 1956, Tambahan Berita Negara
No. 729/1956.
Setelah pendiriannya, Anggaran Dasar Bank CIMB After its establishment, Bank CIMB Niaga’s Articles of
Niaga telah mengalami beberapa kali perubahan, Association have been amended several times, where
dimana perubahan terakhir adalah berdasarkan the latest amendments are pursuant to Notarial Deed
Akta No. 54 tanggal 25 Oktober 2024, yang dibuat di No. 54 dated 25 October 2024, made by Notary Ashoya
hadapan Notaris Ashoya Ratam, S.H., M.Kn., di mana Ratam, S.H., M.Kn., which amendment was approved
perubahan tersebut telah disetujui oleh by the Minister of Law and Human Rights of
Menteri Hukum dan Asasi Manusia Republik the Republic of Indonesia in its letter
Indonesia No. AHU-AH.01.03-0209390 tanggal No. AHU-AH.01.03-0209390 dated 08 November 2024.
08 November 2024.
Berdasarkan Pasal 3 Anggaran Dasar Bank CIMB According to Article 3 of its Articles of Association, Bank
Niaga, ruang lingkup kegiatan Bank CIMB Niaga CIMB Niaga’s scope of activities is to conduct general
adalah melakukan usaha di bidang perbankan sesuai banking services in accordance with the prevailing laws
dengan undang-undang dan peraturan yang berlaku, and regulations, and to engage in other banking
dan melakukan kegiatan perbankan lainnya activities based on Sharia principles. Bank CIMB Niaga
berdasarkan prinsip Syariah. Bank CIMB Niaga mulai had started its banking activities based on the Sharia
melakukan kegiatan perbankan berdasarkan prinsip principles on 27 September 2004.
Syariah pada tanggal 27 September 2004.
Bank CIMB Niaga memperoleh izin usaha sebagai Bank CIMB Niaga had obtained the license to operate
bank umum, bank devisa, dan bank yang melakukan as a commercial bank, a foreign exchange bank, and a
kegiatan berdasarkan prinsip Syariah masing-masing bank engaged in activities based on Sharia principles
berdasarkan surat keputusan Menteri Keuangan based on the decision letter of the Minister of Finance of
Republik Indonesia No. 249544/U.M.II tanggal the Republic of Indonesia No. 249544/U.M.II dated
11 November 1955, surat keputusan Dewan Direksi 11 November 1955, the decision letter of the Board of
BI No. 7/116/Kep/Dir/UD tanggal 22 November 1974, Directors of BI No. 7/116/Kep/Dir/UD dated
dan surat keputusan Gubernur BI 22 November 1974, and the decision letter of the
No. 6/71/KEP.GBI/2004 tanggal 16 September 2004. Governor of BI No. 6/71/KEP.GBI/2004 dated
16 September 2004.
Halaman – 5/1 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 651
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
1. INFORMASI UMUM (lanjutan) 1. GENERAL INFORMATION (continued)
a. Pendirian dan informasi umum (lanjutan) a. Establishment and general information (continued)
Sejak berdirinya, Bank CIMB Niaga telah mengalami Since establishment, Bank CIMB Niaga had 4 (four)
4 (empat) kali penggabungan usaha, yaitu: mergers, on:
• Tanggal 22 Oktober 1973 dengan PT Bank • 22 October 1973 with PT Bank Agung;
Agung;
• Tanggal 30 November 1978 dengan PT Bank • 30 November 1978 with PT Bank Tabungan
Tabungan Bandung; Bandung;
• Tanggal 17 Oktober 1983 dengan PT Bank • 17 October 1983 with PT Bank Amerta; and
Amerta; dan
• Tanggal 1 November 2008 dengan PT Bank • 1 November 2008 with PT Bank Lippo Tbk.
Lippo Tbk.
Kantor Pusat Bank CIMB Niaga berlokasi di Bank CIMB Niaga’s head office is located at Jl. Jend.
Jl. Jend. Sudirman Kav. 58, Jakarta. Pada tanggal Sudirman Kav. 58, Jakarta. As at 31 December 2025,
31 Desember 2025, kantor cabang domestik, kantor Bank CIMB Niaga’s domestic branches, domestic
cabang pembantu domestik, kantor pembayaran supporting branches, domestic payment points,
domestik, unit cabang Syariah domestik, dan kantor domestic Sharia unit branches, and Sharia service
layanan Syariah Bank CIMB Niaga tersebar di offices are located in 28 (twenty eight) provinces
28 (dua puluh delapan) provinsi di seluruh throughout Indonesia. As at 31 December 2025, the
Indonesia. Pada tanggal 31 Desember 2025, jumlah number of Bank CIMB Niaga’s branches and
jaringan cabang-cabang dan kantor-kantor representative offices were as follows (unaudited):
pembantu Bank CIMB Niaga adalah sebagai berikut
(tidak diaudit):
2025 2024 2023
Kantor cabang domestik 60 60 60 Domestic branches
Kantor cabang pembantu domestik 239 257 266 Domestic support branches
Kas mobil 35 33 33 Mobile cash
Kantor Kas/Kiosk 17 24 20 Cash Office/Kiosk
Kantor cabang Syariah domestik 24 24 24 Domestic Sharia unit branches
Kantor cabang pembantu Syariah domestik Domestic Sharia support branches
dan Kantor fungsional Syariah 19 9 9 and Sharia functional Offices
Kantor layanan Syariah 316 335 341 Sharia service Offices
Automated Teller Machine ("ATM") 1,865 2,282 2,982 Automated Teller Machine ("ATM")
Cash Remittance Machine ("CRM") 916 977 907 Cash Remittance Machine ("CRM")
Multidenom Deposit Machine ("MDM") 5 6 4 Multidenom Deposit Machine ("MDM")
CIMB Group Holdings Berhad adalah pemegang CIMB Group Holdings Berhad is the 100%
100% saham CIMB Group Sdn Bhd, yang shareholder of CIMB Group Sdn Bhd, which holds
merupakan pemegang 91,44% saham Bank CIMB 91.44% of the shares of Bank CIMB Niaga. The
Niaga. Pemegang saham akhir CIMB Group ultimate shareholders of CIMB Group Holdings
Holdings Berhad adalah Khazanah Nasional Berhad, Berhad are Khazanah Nasional Berhad, Employee
Employee Provident Fund, lain-lain dan masyarakat. Provident Fund, others and public. Khazanah
Khazanah Nasional Berhad merupakan entitas yang National Berhad is an entity owned by the Malaysian
dimiliki oleh Pemerintah Malaysia. Government.
Halaman – 5/2 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 652
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
1. INFORMASI UMUM (lanjutan) 1. GENERAL INFORMATION (continued)
b. Penawaran umum saham dan obligasi Bank CIMB b. Public offering of Bank CIMB Niaga’s shares and
Niaga bonds
Penawaran umum saham Public offering of shares
Penawaran Umum Perdana dan Terbatas yang telah The details of Bank CIMB Niaga’s Initial and Limited
dilakukan oleh Bank CIMB Niaga adalah: Public Offerings were as follows:
Jumlah saham Nilai nominal
yang ditawarkan (nilai per saham (nilai Harga penawaran
penuh)/ penuh)/ per saham (nilai penuh)/
Pernyataan efektif/ Tanggal pencatatan/ Number of offered shares Par value per share (full Offering price per share
Effective registration Registration date (full amount) amount) (full amount)
Penawaran Umum 2 Oktober/ 29 November/
Perdana October 1989 November 1989 5,000,000 1,000 12,500 Initial Public Offering
Penawaran Umum 26 September/ 23 Desember/ Limited Public
Terbatas I September 1992 December 1992 5,252,500 1,000 5,000 Offering I
Penawaran Umum 29 Oktober/ 15 November/ Limited Public
Terbatas II October 1996 November 1996 31,514,487 1,000 3,300 Offering II
Penawaran Umum 4 Agustus/ 9 Agustus/ Limited Public
Terbatas III August 1999 August 1999 71,135,395,749 5 124 Offering III
Penawaran Umum 25 Agustus/ 31 Agustus/August Limited Public
Terbatas IV August 2005 dan/and 9 September 3,949,757,610 50 330 Offering IV
/September 2005
Penawaran Umum 3 November/ 30 Desember/ Limited Public
Terbatas V November 2010 December 2010 1,196,743,183 50 1,250 Offering V
Penawaran umum obligasi subordinasi Public offering of subordinated bonds
Bank CIMB Niaga Bank CIMB Niaga
Jumlah pokok
obligasi
subordinasi/
The nominal Tingkat
value of the Tanggal jatuh bunga/ Wali Amanat - Keterkaitan
Instrumen/ Pernyataan efektif/ Persetujuan/ subordinated Jangka waktu/ tempo/ Interest usaha/ Trustee - Business
Instrument Effective registration Approval bonds Tenor Maturity date rate Tujuan/Purpose linkages
Obligasi Subordinasi III 8 November/ OJK Pengawas Pasar 75,000 7 tahun/years 15 November/ 10.00% Menunjang pertumbuhan PT Bank Permata Tbk - Tidak
Bank CIMB Niaga Tahun November 2018 modal, melalui suratnya November kredit serta menjaga mempunyai hubungan afiliasi
2018 Seri B dengan No.S-158/D.04/2018/ 2025 ketahanan permodalan dengan Bank/ PT Bank
Tingkat Suku Bunga OJK Pengawas Pasar dalam rangka pemenuhan Permata Tbk – Does not have
Tetap/Bank CIMB Niaga Modal POJK any affiliation with the Bank.
Subordinated Bonds III in its letter No. No.14/2017/Supporting credit
Year 2018 Series B with S-158/D.04/2018 growth and capital stability in
Fixed Interest Rate accordance with fulfilment of
POJK No. 14/2017
Obligasi Subordinasi 12 Desember/ OJK Pengawas Pasar 83,000 5 tahun/years 19 Desember/ 8.05% Menunjang pertumbuhan PT Bank Permata Tbk - Tidak
Berkelanjutan I Bank CIMB December 2019 modal, melalui suratnya December kredit serta menjaga mempunyai hubungan afiliasi
Niaga Tahap I Tahun No.S- 194/D.04/2019 2024 ketahanan permodalan dengan Bank/ PT Bank
2019/ The Continuous Pengawas Pasar Modal dalam rangka pemenuhan Permata Tbk – Does not have
Subordinated Bonds I of in its letter No. POJK any affiliation with the Bank.
Bank CIMB Niaga Phase I S-194/D.04/2019 No.14/2017/Supporting credit
Year 2019 growth and capital stability in
accordance with fulfilment of
POJK No. 14/2017
Pada saat penawaran umum obligasi subordinasi At the time of the subordinated bonds offering, Bank
tersebut, Bank CIMB Niaga memperoleh peringkat CIMB Niaga obtained a rating of “AA-(idn)” from
“AA-(idn)” dari PT Pefindo. Untuk peringkat obligasi PT Pefindo. For rating of subordinated, refer to Note
subordinasi, lihat Catatan 32. 32.
Halaman – 5/3 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 653
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
1. INFORMASI UMUM (lanjutan) 1. GENERAL INFORMATION (continued)
b. Penawaran umum saham dan obligasi Bank CIMB b. Public offering of Bank CIMB Niaga’s shares and
Niaga (lanjutan) bonds (continued)
Penawaran umum obligasi Public offering of bonds
Bank CIMB Niaga Bank CIMB Niaga
Wali Amanat -
Pernyataan efektif/ Jumlah pokok Tanggal jatuh Keterkaitan usaha/
Instrumen/ Effective Persetujuan/ obligasi/ The nominal Jangka waktu/ tempo/ Tingkat bunga/ Trustee - Business
Instrument registration Approval value of the bonds Tenor Maturity date Interest rate Tujuan/Purpose linkages
Sukuk Mudharabah 21 Agustus/ Otoritas Jasa Keuangan Seri/Series C : 429,000 Seri/Series C : Seri/Series C : Seri/Series C: Untuk menunjang kegiatan PT Bank Permata
Berkelanjutan I Bank August 2019 (“OJK”)/Financial Service 5 tahun/years 21 Agustus/ 8.25% pembiayaan syariah/ To Tbk - Tidak
CIMB Niaga Tahap II Authority (“FSA”) August 2024 support sharia financing mempunyai
Tahun 2019/The activities hubungan afiliasi
Continuous Sukuk dengan Bank/
Mudharabah I of Bank PT Bank Permata
CIMB Niaga Phase II Tbk – Does not
Year 2019 have any affiliation
with the Bank.
Obligasi Berkelanjutan III 19 Desember/ Otoritas Jasa Keuangan Seri/Series C : 481,000 Seri/Series C : Seri/Series C : Seri/Series C: Ekspansi kredit dalam PT Bank Permata
Bank CIMB Niaga Tahap I December 2019 (“OJK”)/Financial Service 5 tahun/years 19 Desember/ 7.80% rangka pengembangan Tbk - Tidak
Tahun 2019 dengan Authority (“FSA”) December 2024 usaha/Expand the credit in mempunyai
Tingkat suku Bunga order to develop the hubungan afiliasi
Tetap/ The Continuous dengan Bank/ PT
Bonds III of Bank CIMB business. Bank Permata Tbk
Niaga Phase I Year 2019 – Does not have
with Fixed Interest Rate any affiliation with
the Bank.
Sukuk Mudharabah 19 Maret/ Otoritas Jasa Keuangan Seri/Series C : 391,000 Seri/Series C : Seri/Series C : Seri/Series C: Ekspansi kredit dalam PT Bank Permata
berkelanjutan I Bank March 2020 (“OJK”)/Financial Service 5 tahun/years 27 Maret/ March 7.25% rangka pengembangan Tbk - Tidak
CIMB Niaga Tahap III Authority (“FSA”) 2025 usaha/Expand the credit in mempunyai
Tahun 2020/ The order to develop the hubungan afiliasi
Continuous Sukuk business. dengan Bank/ PT
Mudharabah I of Bank Bank Permata Tbk
CIMB Niaga Phase III – Does not have
Year 2020 any affiliation with
the Bank.
Obligasi di atas mensyaratkan Bank CIMB Niaga The above bonds requires Bank CIMB Niaga not to issue
untuk tidak menerbitkan obligasi atau instrumen surat bonds or medium term notes and long term notes
utang jangka menengah dan jangka panjang lainnya equivalent with the above bonds with higher priority of
yang sejenis dengan obligasi yang mempunyai payment than the bonds, as written in prospectus. Bank
kedudukan lebih tinggi dan pembayarannya CIMB Niaga has fulfilled the covenants requirement
didahulukan dari obligasi, sebagaimana tertulis dalam outlined in bond agreements.
prospektus. Bank CIMB Niaga telah memenuhi
pembatasan-pembatasan yang diwajibkan dalam
perjanjian obligasi.
Sehubungan dengan penerbitan obligasi tersebut, In connection with the bond offering, Bank CIMB Niaga
Bank CIMB Niaga memperoleh peringkat “idAAA” dari obtained a rating of “idAAA” from PT Pefindo. For the
PT Pefindo. Untuk peringkat obligasi, lihat Catatan 28. rating of bonds, refer to Note 28.
Halaman – 5/4 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 654
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
1. INFORMASI UMUM (lanjutan) 1. GENERAL INFORMATION (continued)
c. Entitas Anak c. Subsidiaries
Bank CIMB Niaga mempunyai kepemilikan langsung Bank CIMB Niaga has direct ownership in the following
pada Entitas Anak berikut ini: Subsidiaries:
Tahun beroperasi
Persentase kepemilikan/ komersial/ Jumlah aset/
Percentage of ownership Year commercial Total assets
Nama perusahaan/ Kegiatan usaha/ Kedudukan/ operations
Company's name Business activity Domicile 2025 2024 2023 commenced 2025 2024 2023
Anak perusahaan/Subsidiaries
• PT CIMB Niaga Auto Finance Pembiayaan/Financing Jakarta 83.28% 83.28% 83.28% 1993 11,502,106 10,942,666 8,404,362
• PT CIMB Niaga Sekuritas Penjamin emisi efek/Securities underwriter Jakarta 97.32% 97.32% 97.32% 2019 660,600 653,858 566,846
• Reksa Dana Terproteksi BRI MI Proteksi 102 *) Unit Reksa Dana/Unit Mutual Funds Jakarta 52.38% 52.38% - 2024 1,088,995 1,065,479 -
• Reksa Dana Terproteksi Sam Sejahtera Terproteksi 5 *) Unit Reksa Dana/Unit Mutual Funds Jakarta 99.99% 99.99% - 2024 518,993 503,374 -
• Reksa Dana Terproteksi Bahana Ultima Protected Fund 236 *) Unit Reksa Dana/Unit Mutual Funds Jakarta 99.99% 99.99% - 2024 519,240 503,591 -
• Reksa Dana Terproteksi BNP Paribas Kemilau Proteksi *) Unit Reksa Dana/Unit Mutual Funds Jakarta 99.99% - - 2025 517,098 - -
• Reksa Dana Terproteksi Mandiri Investa 7 *) Unit Reksa Dana/Unit Mutual Funds Jakarta 99.99% - - 2025 513,604 - -
• Reksa Dana Terproteksi BNI AM Proteksi Vanilla *) Unit Reksa Dana/Unit Mutual Funds Jakarta 99.99% - - 2025 506,050 -
*) Dikonsolidasikan berdasarkan PSAK 110 Consolidated pursuant to SFAS 110 *)
Berikut adalah perubahan kepemilikan langsung Bank Below is the changes of Bank CIMB Niaga’s direct
CIMB Niaga pada Entitas Anak: ownership in the Subsidiaries:
Jumlah saham atau
unit pada tanggal
laporan posisi
keuangan (nilai penuh)/
Total shares or unit as
at statements of
Tahun/ financial position date Persentase/
Year Peristiwa/Event (full amount) Percentage
PT CIMB Niaga Auto Finance
1992 Kepemilikan awal Bank CIMB Niaga atas PT CIMB Niaga Auto 90,000 99.94%
Finance (“CNAF”)/The initial ownership of Bank CIMB Niaga in
PT CIMB Niaga Auto Finance (“CNAF”)
2012-2014 Peningkatan penyertaan modal pada CNAF/Increased investment on 11,992,800 99.94%
CNAF
2016 Penggabungan usaha CNAF dengan PT Kencana Internusa Artha 13,990,779 99.93%
Finance (“KITAF”) dimana CNAF merupakan perusahaan yang
menerima penggabungan/Merger between CNAF and PT Kencana
Internusa Artha Finance (“KITAF”) where CNAF is the surviving entity
2021 Pengembalian saham oleh CNAF ke Bank CIMB Niaga atas saham 1,998,681 99.93%
yang dimiliki oleh Bank CIMB Niaga/Share retirement by CNAF to
Bank CIMB Niaga on shares owned by Bank CIMB Niaga
2022 Penerbitan saham baru CNAF/Issuance of new shares of CNAF 1,998,681 83.28%
Halaman – 5/5 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 655
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
1. INFORMASI UMUM (lanjutan) 1. GENERAL INFORMATION (continued)
c. Entitas Anak (lanjutan) c. Subsidiaries (continued)
Berikut adalah perubahan kepemilikan langsung Below is the changes of Bank CIMB Niaga’s direct
Bank CIMB Niaga pada Entitas Anak: (lanjutan) ownership in the Subsidiaries: (continued)
Jumlah saham atau
unit pada tanggal
laporan posisi
keuangan
(nilai penuh)/
Total shares or unit as
at statements of
Tahun/ financial position date Persentase/
Year Peristiwa/Event (full amount) Percentage
PT CIMB Niaga Sekuritas
2019 Kepemilikan awal Bank CIMB Niaga atas PT CIMB Niaga Sekuritas 990 99.00%
(“CNS”)/The initial ownership of Bank CIMB Niaga in PT CIMB Niaga
Sekuritas (“CNS”)
2019 Peningkatan penyertaan modal pada CNS/Increased investment on 5,990 94.78%
CNS
2023 Peningkatan penyertaan modal pada CNS/Increased investment on 11,990 97.32%
CNS
Reksa Dana/Mutual Funds
2024 Kepemilikan awal Bank CIMB Niaga atas Reksa Dana Terproteksi 1,000.5476 52.38%
BRI MI Proteksi 102/The initial ownership of Bank CIMB Niaga in
Reksa Dana Terproteksi BRI MI Proteksi 102
2024 Kepemilikan awal Bank CIMB Niaga atas Reksa Dana Terproteksi 1,000.0403 99.99%
Sam Sejahtera Terproteksi 5/The initial ownership of Bank CIMB
Niaga in Reksa Dana Terproteksi Sam Sejahtera Terproteksi 5
2024 Kepemilikan awal Bank CIMB Niaga atas Reksa Dana Terproteksi 1,000.0000 99.99%
Bahana Ultima Protected Fund 236/The initial ownership of Bank
CIMB Niaga in Reksa Dana Terproteksi Bahana Ultima Protected
Fund 236
2025 Kepemilikan awal Bank CIMB Niaga atas Reksa Dana Terproteksi 1,000.0000 99.99%
BNP Paribas Kemilau Proteksi Rupiah/The initial ownership of Bank
CIMB Niaga in Reksa Dana Terproteksi BNP Paribas Kemilau
Proteksi Rupiah
2025 Kepemilikan awal Bank CIMB Niaga atas Reksa Dana Terproteksi 1,002.3432 99.99%
Mandiri Investa 7/The initial ownership of Bank CIMB Niaga in Reksa
Dana Terproteksi Mandiri Investa 7
2025 Kepemilikan awal Bank CIMB Niaga atas Reksa Dana Terproteksi 1,000.0000 99.99%
BNI AM Proteksi Vanilla /The initial ownership of Bank CIMB Niaga in
Reksa Dana Terproteksi BNI AM Proteksi Vanilla
Halaman – 5/6 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 656
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
1. INFORMASI UMUM (lanjutan) 1. GENERAL INFORMATION (continued)
c. Entitas Anak (lanjutan) c. Subsidiaries (continued)
CIMB Niaga Auto Finance (“CNAF”) CIMB Niaga Auto Finance (“CNAF”)
Penawaran umum obligasi Public offering of bonds
Pernyataan
efektif/ Jumlah pokok Tanggal jatuh Wali Amanat - Keterkaitan
Instrumen/ Effective Persetujuan/ obligasi/The nominal Jangka waktu/ tempo/ Tingkat bunga/ usaha/ Trustee - Business
Instrument registration Approval value of the bonds Tenor Maturity date Interest rate Tujuan/Purpose linkages
Sukuk Wakalah Bi Al- 8 Februari/ Otoritas Jasa Keuangan Seri/Series B: Seri/Series B: Seri/Series B: Seri/Series B: Ekspansi PT Bank Syariah Indonesia
Istitsmar I CIMB Niaga Auto February 2023 (“OJK”) melalui suratnya 300,000 3 tahun/years 8 Februari/ 7.15% pembiayaan Tbk - Tidak mempunyai
Finance Tahun 2023 dengan No.S 24/D.04/2023/ February 2026 konsumen dalam hubungan afiliasi dengan
Tingkat Suku Bunga Financial Service rangka CNAF/
Tetap/Sukuk Wakalah Bi Al- Authority (“FSA”) in its pengembangan PT Bank Syariah Indonesia
Istitsmar I CIMB Niaga Auto letter No. S-24/D.04/2023 usaha/Expand the Tbk – Does not have any
Finance Year 2023 with Fixed consumer financing affiliation with CNAF
Interest Rate in order to develop
the business
Sukuk Wakalah Bi Al- 9 Juli/ Otoritas Jasa Keuangan Seri/Series B: Seri/Series B: Seri/Series B: Seri/Series B: Ekspansi PT Bank Rakyat
Istitsmar Berkelanjutan I July 2024 (“OJK”) melalui suratnya 290,000 3 tahun/years 09 Juli/July 2027 7.10% pembiayaan Indonesia (Persero) Tbk -
CIMB Niaga Auto Finance No. S-78/D.04/2024/ konsumen dalam Tidak mempunyai
Tahap I Tahun 2024 dengan Financial Service rangka hubungan afiliasi
Tingkat Suku Bunga Authority (“FSA”) in its pengembangan dengan CNAF/
Tetap/The Continuous Sukuk letter No. S-78/D.04/2024 usaha/Expand the PT Bank Rakyat
Wakalah Bi Al-Istitsmar I of consumer financing Indonesia (Persero) Tbk -
CIMB Niaga Auto Finance in order to develop Does not have
Phase I Year 2024 with Fixed the business any affiliation with
Interest Rate CNAF
Sukuk Wakalah Bi Al- 13 Maret/ Otoritas Jasa Keuangan Seri/Series A: Seri/Series A: Seri/Series A: Seri/Series A: Ekspansi PT Bank Rakyat
Istitsmar Berkelanjutan I March 2025 (“OJK”) melalui suratnya 1,200,000 370 hari/days 23 Maret/March 6.70% pembiayaan Indonesia (Persero) Tbk -
CIMB Niaga Auto Finance No. S78/D.04/2024/ Seri/Series B: Seri/Series B: 2026 Seri/Series B: konsumen dalam Tidak mempunyai
Tahap II Tahun 2025 dengan Financial Service 400,000 3 tahun/years Seri/Series B: 7.00% rangka hubungan afiliasi
Tingkat Suku Bunga Authority (“FSA”) in its 13 Maret/March pengembangan dengan CNAF/
Tetap/The Continuous Sukuk letter No. S-78/D.04/2024 2028 usaha/Expand the PT Bank Rakyat
Wakalah Bi Al-Istitsmar I of consumer financing Indonesia (Persero) Tbk -
CIMB Niaga Auto Finance in order to develop Does not have
Phase II Year 2025 with Fixed the business any affiliation with
Interest Rate CNAF
Sukuk Wakalah Bi Al- 3 September/ Otoritas Jasa Keuangan Seri/Series A: Seri/Series A: Seri/Series A: Seri/Series A: Ekspansi PT Bank Rakyat
Istitsmar Berkelanjutan I September 2025 (“OJK”) melalui suratnya 1,105,000 370 hari/days 13 September/ 6.15% pembiayaan Indonesia (Persero) Tbk -
CIMB Niaga Auto Finance No. S78/D.04/2024/ Seri/Series B: Seri/Series B: September 2026 Seri/Series B: konsumen dalam Tidak mempunyai
Tahap III Tahun 2025 dengan Financial Service 395,000 3 tahun/years Seri/Series B: 6.50% rangka hubungan afiliasi
Tingkat Suku Bunga Authority (“FSA”) in its 3 September/ pengembangan dengan CNAF/
Tetap/The Continuous Sukuk letter No. S-78/D.04/2024 September 2028 usaha/Expand the PT Bank Rakyat
Wakalah Bi Al-Istitsmar I of consumer financing Indonesia (Persero) Tbk -
CIMB Niaga Auto Finance in order to develop Does not have
Phase III Year 2025 with the business any affiliation with
Fixed Interest Rate CNAF
Obligasi di atas mensyaratkan CNAF antara lain untuk The above bonds require CNAF, among others, not to
tidak mengurangi modal dasar, modal ditempatkan reduce authorised capital, issued capital and paid-up
dan modal disetor, kecuali pengurangan tersebut capital, unless the reduction is made for the purpose of
dilakukan untuk tujuan memenuhi ketentuan peraturan complying with the provisions of the applicable laws and
perundang-undangan yang berlaku. CNAF telah regulations. CNAF has fulfilled the covenants
memenuhi pembatasan-pembatasan yang diwajibkan requirement outlined in bond agreements.
dalam perjanjian obligasi.
Sehubungan dengan penerbitan obligasi tersebut, In connection with the bond offering, CNAF obtained a
CNAF memperoleh peringkat “AAidn” dari PT Fitch rating of “AAidn” from PT Fitch Ratings Indonesia. For the
Ratings Indonesia. Untuk peringkat obligasi, lihat rating of bonds, refer to Note 28.
Catatan 28.
Halaman – 5/7 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 657
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
1. INFORMASI UMUM (lanjutan) 1. GENERAL INFORMATION (continued)
d. Dewan Komisaris, Dewan Direksi, Komite Audit, d. Board of Commissioners, Board of Directors, Audit
Komite Pemantau Risiko, Komite Nominasi dan Committee, Risk Oversight Committee,
Remunerasi, Komite Tata Kelola Terintegrasi, Nomination and Remuneration Committee,
Dewan Pengawas Syariah, Satuan Kerja Audit Integrated Governance Committee, Sharia
Internal, dan Sekretaris Perusahaan Supervisory Board, Internal Audit Unit, and
Corporate Secretary
Pada tanggal 31 Desember 2025, 2024, dan 2023, As of 31 December 2025, 2024, and 2023, the
susunan Dewan Komisaris dan Dewan Direksi Bank composition of Board of Commissioners (“BOC”) and
CIMB Niaga adalah sebagai berikut: Board of Directors (“BOD”) of Bank CIMB Niaga were
as follows:
2025 dan/and 2024
Dewan Komisaris: Board of Commissioners:
Presiden Komisaris Bpk/Mr. Didi Syafruddin Yahya President Commissioner
Wakil Presiden Komisaris Vice President Commissioner
(Independen) Bpk/Mr. Glenn Muhammad Surya Yusuf (Independent)
Komisaris Ibu/Mrs. Vera Handajani Commissioner
Komisaris Bpk/Mr. Novan Amirudin a) Commissioner
Komisaris Independen Bpk/Mr. Dody Budi Waluyo b) Independent Commissioner
Komisaris Independen Ibu/Mrs. Sri Widowati Independent Commissioner
Komisaris Independen Ibu/Mrs. Farina J.Situmorang Independent Commissioner
2023
Dewan Komisaris: Board of Commissioners:
Presiden Komisaris Bpk/Mr. Didi Syafruddin Yahya President Commissioner
Wakil Presiden Komisaris Vice President Commissioner
(Independen) Bpk/Mr. Glenn Muhammad Surya Yusuf (Independent)
Komisaris Bpk/Mr. Dato’ Abdul Rahman Ahmad c) Commissioner
Komisaris Ibu/Mrs. Vera Handajani Commissioner
Komisaris Independen Bpk/Mr. Jeffrey Kairupan d) Independent Commissioner
Komisaris Independen Ibu/Mrs. Sri Widowati Independent Commissioner
Komisaris Independen Ibu/Mrs. Farina J.Situmorang e) Independent Commissioner
2025 2024 dan/and 2023
Dewan Direksi: Board of Directors:
Presiden Direktur Ibu/Mrs. Lani Darmawan Ibu/Mrs. Lani Darmawan President Director
Direktur Bpk/Mr. Lee Kai Kwong Bpk/Mr. Lee Kai Kwong Director
Direktur Bpk/Mr. John Simon Bpk/Mr. John Simon Director
Direktur Bpk/Mr. Pandji P. Djajanegara f) Bpk/Mr. Pandji P. Djajanegara Director
Direktur Bpk/Mr. Henky Sulistyo Bpk/Mr. Henky Sulistyo Director
Direktur Bpk/Mr. Joni Raini Bpk/Mr. Joni Raini Director
Direktur Bpk/Mr. Rusly Johannes Bpk/Mr. Rusly Johannes Director
Direktur Bpk/Mr. Noviady Wahyudi Bpk/Mr. Noviady Wahyudi Director
Direktur Bpk/Mr. Rico Usthavia Frans g) - Director
Direktur - Ibu/Mrs. Tjioe Mei Tjuen h) Director
Direktur Kepatuhan Ibu/Mrs. Fransiska Oei Ibu/Mrs. Fransiska Oei Compliance Director
a) Diangkat melalui RUPS Luar Biasa pada tanggal 25 Oktober 2024 dan efektif pada Appointed on Extraordinary GMS dated 25 October 2024 and effective a)
tanggal 26 Februari 2025 on 26 February 2025
b) Diangkat melalui RUPS Tahunan pada tanggal 3 April 2024 dan efektif pada tanggal
21 Agustus 2024 Appointed on Annual GMS dated 3 April 2024 and effective on 21 August 2024 b)
c) Mengundurkan diri efektif per 30 Juni 2024 Resigned effective on 30 June 2024 c)
d) Mengundurkan diri efektif per 3 April 2024 Resigned effective on 3 April 2024 d)
Halaman – 5/8 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 658
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
1. INFORMASI UMUM (lanjutan) 1. GENERAL INFORMATION (continued)
d. Dewan Komisaris, Dewan Direksi, Komite Audit, d. Board of Commissioners, Board of Directors,
Komite Pemantau Risiko, Komite Nominasi dan Audit Committee, Risk Oversight Committee,
Remunerasi, Komite Tata Kelola Terintegrasi, Nomination and Remuneration Committee,
Dewan Pengawas Syariah, Satuan Kerja Audit Integrated Governance Committee, Sharia
Internal, dan Sekretaris Perusahaan (lanjutan) Supervisory Board, Internal Audit Unit, and
Corporate Secretary (continued)
Pada tanggal 31 Desember 2025, 2024, dan 2023, As of 31 December 2025, 2024, and 2023, the
susunan Komite Audit Bank CIMB Niaga adalah composition of Audit Committee of Bank CIMB Niaga
sebagai berikut: were as follows:
2025 dan/and 2024
Ketua, merangkap anggota Bpk/Mr. Dody Budi Waluyo * i) Chairman, concurrently as member
Anggota Bpk/Mr. Glenn Muhammad Surya Yusuf ** Member
Anggota Ibu/Mrs. Endang Kussulanjari S. Member
Anggota Ibu/Mrs. Angelique Dewi Daryanto Member
2023
Ketua, merangkap anggota Bpk/Mr. Jeffrey Kairupan * j) Chairman, concurrently as member
Anggota Ibu/Mrs. Endang Kussulanjari S. Member
Anggota Bpk/Mr. Glenn Muhammad Surya Yusuf ** Member
Anggota Ibu/Mrs. Angelique Dewi Daryanto Member
Anggota Ibu/Mrs. Riatu Mariatul Qibthiyyah Member
Pembentukan Komite Audit Bank CIMB Niaga sesuai Establishment of Bank CIMB Niaga’s Audit Committee
dengan POJK No. 17 Tahun 2023 tentang Penerapan is in compliance with the requirements of
Tata Kelola bagi Bank Umum dan POJK FSA Regulation No. 17 Year 2023 regarding
No.55/POJK.04/2015 tanggal 29 Desember 2015 Governance Implementation in Commercial Bank and
tentang Pembentukan dan Pedoman Pelaksanaan FSA Regulation No.55/POJK.04/2015 dated
Kerja Komite Audit. 29 December 2015 regarding Establishment and
Guideline for Implementation Duty of Audit Committee.
* Komisaris Independen Independent Commissioner *
** Wakil Presiden Komisaris (Independen) Vice President Commissioner (Independent) **
e) Diangkat melalui RUPS Tahunan pada tanggal 10 April 2023 dan efektif tanggal
25 Januari 2024 Appointed on Annual GMS dated 10 April 2023 and effective on 25 January 2024 e)
f) Pengunduran diri telah disetujui RUPS Luar Biasa pada tanggal 26 Juni 2025 dan The resignation has been approved by the Extraordinary GMS on 26 June 2025 f)
akan efektif sejak berlakunya Tanggal Efektif Pemisahan Unit Usaha Syariah and will be effective since the Effective Date of the Spin-Off of the Sharia
PT Bank CIMB Niaga Tbk
Business Unit of PT Bank CIMB Niaga Tbk
g) Diangkat melalui RUPST pada tanggal 14 April 2025 dan efektif per tanggal Appointed on Annual GMS dated 14 April 2025 and effective g)
24 Juli 2025 24 July 2025
h) Mengundurkan diri efektif per 14 April 2025 Resigned effective on 14 April 2025 h)
i) Diangkat melalui RUPS Tahunan pada tanggal 3 April 2024 dan efektif tanggal
21 Agustus 2024 Appointed on Annual GMS dated 3 April 2024 and effective on 21 August 2024 i)
j) Mengundurkan diri efektif per 3 April 2024 Resigned effective on 3 April 2024 j)
Halaman – 5/9 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 659
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
1. INFORMASI UMUM (lanjutan) 1. GENERAL INFORMATION (continued)
d. Dewan Komisaris, Dewan Direksi, Komite Audit, d. Board of Commissioners, Board of Directors, Audit
Komite Pemantau Risiko, Komite Nominasi dan Committee, Risk Oversight Committee, Nomination
Remunerasi, Komite Tata Kelola Terintegrasi, and Remuneration Committee, Integrated
Dewan Pengawas Syariah, Satuan Kerja Audit Governance Committee, Sharia Supervisory Board,
Internal, dan Sekretaris Perusahaan (lanjutan) Internal Audit Unit, and Corporate Secretary
(continued)
Pada tanggal 31 Desember 2025, 2024, dan 2023, As of 31 December 2025, 2024, and 2023, the
susunan Komite Pemantau Risiko Bank CIMB Niaga members of Bank CIMB Niaga’s Risk Oversight
adalah: Committee were as follows:
2025 dan/and 2024
Ketua, merangkap anggota Bpk/Mr. Glenn Muhammad Surya Yusuf *** Chairman, concurrently as member
Anggota Bpk/Mr. Didi Syafruddin Yahya ** Member
Anggota Ibu/Mrs. Vera Handajani Member
Anggota Bpk/Mr. Dody Budi Waluyo * k) Member
Anggota Bpk/Mr. Ronald T. A. Kasim Member
Anggota Ibu/Mrs. Farina J. Situmorang * l) Member
Anggota Ibu/Mrs. Angelique Dewi Daryanto m) Member
2023
Ketua, merangkap anggota Bpk/Mr. Glenn Muhammad Surya Yusuf *** Chairman, concurrently as member
Anggota Bpk/Mr. Didi Syafruddin Yahya ** Member
Anggota Ibu/Mrs. Sri Indrastuti S. Hadiputranto n) Member
Anggota Ibu/Mrs. Vera Handajani Member
Anggota Bpk/Mr. Jeffrey Kairupan * o) Member
Anggota Bpk/Mr. Ronald T. A. Kasim p) Member
Anggota Ibu/Mrs. Farina J. Situmorang l) Member
Pada tanggal 31 Desember 2025, 2024, dan 2023, As of 31 December 2025, 2024, and 2023, the members
susunan Komite Nominasi dan Remunerasi Bank of Bank CIMB Niaga’s Nomination and Remuneration
CIMB Niaga adalah: Committee were as follow:
2025, 2024 dan/and 2023
Ketua, merangkap anggota Ibu/Mrs. Sri Widowati * Chairman, concurrently as member
Anggota Bpk/Mr. Didi Syafruddin Yahya ** Member
Anggota Bpk/Mr. Glenn Muhammad Surya Yusuf *** Member
Anggota Ibu/Mrs. Nora Joice Kimbal q) Member
* Komisaris Independen Independent Commissioner *
** Presiden Komisaris President Commissioner **
*** Wakil Presiden Komisaris (Independen) Vice President Commissioner (Independent) ***
k) Diangkat selaku anggota Komite Pemantau Risiko pada tanggal 18 April 2024 dan Appointed as the member of Risk Oversight Committee dated 18 April 2024 and effective on k)
efektif tanggal 21 Agustus 2024 21 August 2024
l) Diangkat selaku anggota Komite Pemantau Risiko pada tanggal 10 April 2023 dan Appointed as the member of Risk Oversight Committee dated 10 April 2023 and effective on l)
efektif tanggal 25 Januari 2024 25 January 2024
m) Diangkat selaku anggota Komite Pemantau Risiko dan efektif per 26 Agustus 2024 Appointed as Risk Oversight Committee and effective since 26 August 2024 m)
n) Mengundurkan diri efektif per 17 Agustus 2024 Resigned effective on 17 August 2024 n)
o) Mengundurkan diri efektif per 3 April 2024 Resigned effective on 3 April 2024 o)
p) Diangkat selaku anggota Komite Pemantau Risiko dan efektif per 20 Januari 2023 Appointed as Risk Oversight Committee and effective since 20 January 2023 p)
q) Pensiun efektif per 1 Januari 2026 Retirement effective on 1 January 2026 q)
Halaman – 5/10 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 660
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
1. INFORMASI UMUM (lanjutan) 1. GENERAL INFORMATION (continued)
d. Dewan Komisaris, Dewan Direksi, Komite Audit, d. Board of Commissioners, Board of Directors, Audit
Komite Pemantau Risiko, Komite Nominasi dan Committee, Risk Oversight Committee, Nomination
Remunerasi, Komite Tata Kelola Terintegrasi, and Remuneration Committee, Integrated
Dewan Pengawas Syariah, Satuan Kerja Audit Governance Committee, Sharia Supervisory Board,
Internal, dan Sekretaris Perusahaan (lanjutan) Internal Audit Unit, and Corporate Secretary
(continued)
Pada tanggal 31 Desember 2025, 2024, dan 2023, As of 31 December 2025, 2024, and 2023, the members
susunan Komite Tata Kelola Terintegrasi Bank CIMB of Bank CIMB Niaga’s Integrated Governance
Niaga adalah: Committee were as follows:
2025 dan/and 2024
Ketua, merangkap anggota Bpk/Mr. Dody Budi Waluyo* r) Chairman, concurrently as member
Anggota Ibu/Mrs. Endang Kussulanjari S. Member
Anggota Ibu/Mrs. Serena K. Ferdinandus Member
Anggota Bpk/Mr. Yulizar D. Sanrego Member
Anggota Bpk/Mr. Achiran Pandu Djajanto Member
Anggota Ibu/Mrs. Angelique Dewi Daryanto Member
2023
Ketua, merangkap anggota Bpk/Mr. Jeffrey Kairupan * o) Chairman, concurrently as member
Anggota Ibu/Mrs. Endang Kussulanjari S. Member
Anggota Ibu/Mrs. Serena K. Ferdinandus Member
Anggota Bpk/Mr. Yulizar D. Sanrego Member
Anggota Bpk/Mr. Achiran Pandu Djajanto Member
Anggota Ibu/Mrs. Angelique Dewi Daryanto s) Member
Pada tanggal 31 Desember 2025, 2024, dan 2023, As of 31 December 2025, 2024, and 2023,
susunan Dewan Pengawas Syariah Bank CIMB Niaga the members of Bank CIMB Niaga’s Sharia Supervisory
adalah: Board were as follows:
2025, 2024 dan/and 2023
Ketua Bpk/Mr. Prof. Dr. M. Quraish Shihab, MA t) Chairman
Anggota Bpk/Mr. Prof. Dr. Fathurrahman Djamil, MA t) Member
Anggota Bpk/Mr. Dr. Yulizar Djamaluddin Sanrego, M.Ec t) Member
* Komisaris Independen Independent Commissioner *
r) Diangkat selaku Ketua Komite Tata Kelola Terintegrasi pada tanggal 18 April 2024 Appointed as Chairman of Integrated Governance Committee dated 18 April 2024 and effective on r)
dan efektif tanggal 21 Agustus 2024 21 August 2024
s) Diangkat selaku anggota Komite Tata Kelola Terintegrasi efektif per 10 April 2023 Appointed as the member of Integrated Governance Committee effective since 10 April 2023 s)
t) Pembubaran dan pengunduran diri telah disetujui RUPS Luar Biasa pada tanggal The dissolution and resignation has been approved by the Extraordinary GMS on 26 June 2025 t)
26 Juni 2025 dan akan efektif sejak berlakunya Tanggal Efektif Pemisahan Unit and will be effective since the Effective Date of the Spin-Off of the Sharia
Usaha Syariah PT Bank CIMB Niaga Tbk Business Unit of PT Bank CIMB Niaga Tbk
Halaman – 5/11 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 661
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
1. INFORMASI UMUM (lanjutan) 1. GENERAL INFORMATION (continued)
d. Dewan Komisaris, Dewan Direksi, Komite Audit, d. Board of Commissioners, Board of Directors, Audit
Komite Pemantau Risiko, Komite Nominasi dan Committee, Risk Oversight Committee, Nomination
Remunerasi, Komite Tata Kelola Terintegrasi, and Remuneration Committee, Integrated
Dewan Pengawas Syariah, Satuan Kerja Audit Governance Committee, Sharia Supervisory Board,
Internal, dan Sekretaris Perusahaan (lanjutan) Internal Audit Unit, and Corporate Secretary
(continued)
Pada tanggal 31 Desember 2025, 2024, dan 2023, As of 31 December 2025, 2024, and 2023, the Chief of
Kepala Satuan Kerja Audit Internal Bank CIMB Niaga Bank CIMB Niaga’s Internal Audit Unit was Mr. Antonius
adalah Bapak Antonius Pramana Gunadi. Pramana Gunadi.
Pada tanggal 31 Desember 2025, 2024, dan 2023, As of 31 December 2025, 2024, and 2023, the Bank
Sekretaris Perusahaan Bank CIMB Niaga adalah Ibu CIMB Niaga’s Corporate Secretary was Mrs. Fransiska
Fransiska Oei. Oei.
Pada tanggal 31 Desember 2025, karyawan Bank As at 31 December 2025, the number of employees of
CIMB Niaga berjumlah 10.775 (2024: 11.063; Bank CIMB Niaga was 10,775 (2024: 11,063;
2023: 11.116) (tidak diaudit). 2023: 11,116) (unaudited).
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL 2. MATERIAL ACCOUNTING POLICY INFORMATION
Laporan keuangan konsolidasian PT Bank CIMB Niaga The consolidated financial statements of PT Bank CIMB
Tbk dan Entitas Anak diselesaikan dan diotorisasi untuk Niaga Tbk and Subsidiaries were completed and authorised
terbit oleh Dewan Direksi pada tanggal 24 Februari 2026. for issuance by the Board of Directors on 24 February 2026.
Kebijakan akuntansi material yang diterapkan dalam The material accounting policy adopted in preparing the
penyusunan laporan keuangan konsolidasian adalah consolidated financial statements are set out below:
seperti dijabarkan di bawah ini:
a. Dasar penyusunan laporan keuangan konsolidasian a. Basis of preparation of the consolidated financial
statements
Laporan keuangan konsolidasian disusun dan The consolidated financial statements were prepared
disajikan sesuai dengan Standar Akuntansi Keuangan and stated in accordance with Indonesian Financial
di Indonesia yang dikeluarkan oleh Ikatan Akuntan Accounting Standards issued by the Indonesian Institute
Indonesia. of Accountants.
Laporan keuangan konsolidasian juga disusun sesuai The consolidated financial statements have been also
dengan Keputusan Ketua Bapepam-LK prepared in accordance with the Decree of the Chairman
No. KEP-347/BL/2012 tanggal 25 Juni 2012 yang of Bapepam-LK No. KEP-347/BL/2012 dated
merupakan perubahan terakhir atas Keputusan Ketua 25 June 2012 which is the latest change of the Decree
Bapepam-LK No. KEP 554/BL/2010 tanggal of the Chairman of Bapepam-LK No. KEP 554/BL/2010
30 Desember 2010 dan Keputusan Ketua Bapepam- dated 30 December 2010 and the Decree of the
LK No. KEP-06/PM/2000 tanggal 13 Maret 2000 yaitu Chairman of Bapepam-LK No. KEP-06/PM/2000 dated
Peraturan No. VIII.G.7 tentang “Penyajian dan 13 March 2000 on Regulation No. VIII.G.7 regarding
Pengungkapan Laporan Keuangan Emiten atau “Financial Statements Presentation and Disclosure of
Perusahaan Publik”. the Issuer or Public Company”.
Halaman – 5/12 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 662
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL 2. MATERIAL ACCOUNTING POLICY INFORMATION
(lanjutan) (continued)
a. Dasar penyusunan laporan keuangan a. Basis of preparation of the consolidated financial
konsolidasian (lanjutan) statements (continued)
Laporan keuangan konsolidasian disusun The consolidated financial statements have been
berdasarkan harga perolehan kecuali untuk aset prepared under the historical cost convention, except
keuangan yang diukur pada nilai wajar melalui for financial assets measured at fair value through
penghasilan komprehensif lain, aset dan liabilitas other comprehensive income, financial assets and
keuangan yang diukur pada nilai wajar melalui laba liabilities measured at fair value through profit or loss,
rugi, instrumen derivatif yang diukur berdasarkan nilai all derivative contracts which have been measured at
wajar, dan aset tetap berupa tanah dan bangunan fair value, and fixed assets of lands and buildings
yang diukur berdasarkan nilai wajar sesuai model which have been measured at fair value in
revaluasi. Nilai tercatat dari aset dan liabilitas yang accordance with revaluation model. The carrying
merupakan item yang dilindung nilai dalam lindung values of recognised assets and liabilities that are
nilai atas nilai wajar, yang seharusnya disajikan hedged items in fair value hedges, and otherwise
sebesar harga perolehan, disesuaikan dengan carried at cost, are adjusted to record changes in fair
perubahan nilai wajar yang dapat diatribusikan value attributable to the risks that are being hedged.
dengan risiko yang dilindungnilaikan. Laporan The consolidated financial statements are prepared
keuangan konsolidasian disusun berdasarkan under the accrual basis of accounting, except for the
akuntansi berbasis akrual, kecuali laporan arus kas consolidated statements of cash flows.
konsolidasian.
Laporan arus kas konsolidasian disusun The consolidated statements of cash flows are
menggunakan metode langsung dan arus kas prepared based on the direct method by classifying
dikelompokkan atas dasar kegiatan operasi, investasi, cash flows on the basis of operating, investing, and
dan pendanaan. Untuk tujuan laporan arus kas financing activities. For the purpose of the
konsolidasian, kas dan setara kas mencakup kas, giro consolidated statements of cash flows, cash and cash
pada BI, giro pada bank lain, dan investasi jangka equivalents include cash, current accounts with BI,
pendek lancar lainnya dengan jangka waktu 3 (tiga) current accounts with other banks, and other short
bulan atau kurang sejak tanggal perolehan, sepanjang term highly liquid investments with original maturities
tidak digunakan sebagai jaminan serta tidak dibatasi of 3 (three) months or less from the acquisition date ,
penggunaannya. which are not pledged as collateral nor restricted.
Seluruh angka dalam laporan keuangan Figures in the consolidated financial statements are
konsolidasian ini, kecuali dinyatakan secara khusus, rounded to and stated in millions of Rupiah, unless
dibulatkan dan disajikan dalam jutaan Rupiah yang otherwise stated.
terdekat.
Penyusunan laporan keuangan konsolidasian sesuai The preparation of consolidated financial statements
dengan Standar Akuntansi Keuangan di Indonesia in conformity with Indonesian Financial Accounting
mengharuskan penggunaan estimasi dan asumsi. Hal Standards requires the use of certain critical
tersebut juga mengharuskan manajemen untuk accounting estimates and assumptions. It also
membuat pertimbangan dalam proses penerapan requires management to exercise its judgement in
kebijakan akuntansi Bank CIMB Niaga dan Entitas the process of applying the Bank CIMB Niaga and
Anak. Area yang kompleks atau memerlukan tingkat Subsidiaries accounting policy. The areas involving a
pertimbangan yang lebih tinggi atau area dimana higher degree of judgement or complexity, or areas
asumsi dan estimasi dapat berdampak signifikan where assumptions and estimates are significant to
terhadap laporan keuangan konsolidasian the consolidated financial statements are disclosed in
diungkapkan di Catatan 3. Note 3.
Halaman – 5/13 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 663
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL 2. MATERIAL ACCOUNTING POLICY INFORMATION
(lanjutan) (continued)
b. Perubahan informasi kebijakan akuntansi material b. Change in material accounting policy information
Kecuali dinyatakan di bawah ini, kebijakan akuntansi Except as described below, the accounting policy
telah diterapkan secara konsisten dengan laporan applied are consistent with those of the consolidated
keuangan konsolidasian pada tanggal dan untuk tahun financial statements as at and for the year ended
yang berakhir 31 Desember 2025 yang telah sesuai 31 December 2025 which conform to the Indonesian
dengan Standar Akuntansi Keuangan di Indonesia. Financial Accounting Standards.
Dewan Standar Akuntansi Keuangan Ikatan Akuntan Financial Accounting Standard Board of Indonesia
Indonesia (“DSAK-IAI”) telah melakukan amandemen Institute of Accounting (“DSAK-IAI”) has issued
atas beberapa standar akuntansi yang berlaku efektif amendment of the following accounting standards
pada tanggal 1 Januari 2025, sebagai berikut: which are effective as at 1 January 2025, as follows:
- PSAK 117 "Kontrak Asuransi"; - SFAS 117 "Insurance Contract";
- Amandemen PSAK 221: "Pengaruh Perubahan - Amendment of SFAS 221:
Kurs Valuta Asing" terkait kondisi ketika suatu "The Effects of Changes in Foreign Exchange
mata uang tidak tertukarkan. Rates" concerning conditions when a currency is
not exchangeable.
Amandemen atas standar akuntansi diatas tidak Amendment of those accounting standards had no
memiliki dampak yang signifikan terhadap jumlah significant impact on the amounts reported for current
yang dilaporkan pada tahun berjalan atau tahun year or prior years.
sebelumnya.
Sosialisasi Pilar dan Penomoran SAK Socialization of FAS Pillars and Numbering
Berlaku efektif setelah tanggal 1 Januari 2024: Effective on 1 January 2024:
Kerangka Standar Pelaporan Keuangan Indonesia Indonesia Financial Reporting Standard Framework
(“KSPKI”) dan perubahan nomor PSAK dan ISAK (“KSPKI”) and amendement to SFAS and IFAS
dalam Standar Akuntansi Keuangan Indonesia number in the Indonesian Financial Accounting
(sebelumnya Standar Akuntansi Keuangan), berlaku Standards (formerly Financial Accounting
efektif tanggal 1 Januari 2024. KSPKI mengatur pilar Standards), are effective on 1 January 2024. KSPKI
SAK, kriteria, dan perpindahan antar pilar SAK yang regulate the FAS pillars, criteria and shifting between
berlaku di Indonesia, sedangkan perubahan nomor pillars that apply in Indonesia, while amendement to
mengatur ketentuan penomoran PSAK dan ISAK yang SFAS and IFAS number determine the number for
mengacu pada IFRS Accounting Standards, lokal, dan SFAS and IFAS which refering to IFRS Accounting
syariah. Standards, local accounting standards, and syariah
accounting standards.
Halaman – 5/14 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 664
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL 2. MATERIAL ACCOUNTING POLICY INFORMATION
(lanjutan) (continued)
c. Prinsip konsolidasi c. Principles of consolidation
Laporan keuangan konsolidasian meliputi laporan The consolidated financial statements include the
keuangan Bank CIMB Niaga dan Entitas Anak financial statements of Bank CIMB Niaga and
(termasuk: Entitas terstruktur). Subsidiaries (Including: Structured Entities)
Bank mengendalikan suatu entitas ketika Bank The Bank controls an entity when the Bank is
terekspos terhadap, atau memiliki hak atas, exposed to, or has right to, variable returns from its
pengembalian variabel dari keterlibatannya terhadap involvement with the entity and has the ability to affect
entitas dan memiliki kemampuan untuk those return through its power over the entity.
mempengaruhi pengembalian tersebut melalui
kekuasaannya atas entitas tersebut.
Dampak signifikan dari seluruh transaksi dan saldo The significant effects of all transactions and
antara perusahaan-perusahaan yang balances between the consolidated companies have
dikonsolidasikan telah dieliminasi dalam penyajian been eliminated in preparing the consolidated
laporan keuangan konsolidasian. financial statements.
Kebijakan akuntansi material yang dipakai dalam The material accounting policy adopted in preparing
penyajian laporan keuangan konsolidasian telah the consolidated financial statements have been
diterapkan secara konsisten oleh Bank CIMB Niaga consistently applied by Bank CIMB Niaga and
dan Entitas Anak, kecuali dinyatakan secara khusus. Subsidiaries, unless otherwise stated.
Kepentingan non-pengendali atas hasil usaha dan Non-controlling interests in the results and equity of
ekuitas Entitas Anak disajikan terpisah pada masing- the Subsidiaries are shown separately in the
masing laporan laba rugi dan penghasilan consolidated statements of profit or loss and other
komprehensif lain konsolidasian serta laporan posisi comprehensive income and consolidated statements
keuangan konsolidasian, kecuali kepentingan of financial positions, respectively, except for non-
controlling interest from mutual fund consolidation is
nonpengendali yang berasal dari konsolidasi atas
presented as part of liabilities in the consolidated
reksadana disajikan sebagai bagian dari liabilitas statement of financial position.
dalam laporan posisi keuangan konsolidasian.
Bila pengendalian atas suatu entitas diperoleh dalam Where control of an entity is obtained during current
tahun berjalan, hasil usaha entitas tersebut dicatat year, its results are recorded as profit or loss from the
sebagai laba rugi sejak tanggal pengendalian dimulai. date on which control commences. When control
Bila pengendalian berakhir dalam tahun berjalan, hasil ceases during current year, its results are included in
usaha entitas tersebut dimasukkan ke dalam laporan the consolidated financial statements for the part of
the year during which control existed.
keuangan konsolidasian untuk tahun dimana
pengendalian masih berlangsung.
d. Kebijakan Akuntansi Entitas Anak d. Accounting Policy for Subsidiaries
Entitas Anak adalah seluruh entitas (termasuk entitas Subsidiaries are all entities (including structured
terstruktur) dimana Bank memiliki pengendalian. entities) of which the Bank has control. Subsidiaries
Entitas Anak dikonsolidasikan secara penuh sejak are fully consolidated from the date on which control
tanggal dimana pengendalian dialihkan kepada Bank. is transferred to the Bank. They are deconsolidated
Entitas Anak tidak dikonsolidasikan lagi sejak tanggal from the date on which that control ceases.
dimana Bank kehilangan pengendalian.
Halaman – 5/15 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 665
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL 2. MATERIAL ACCOUNTING POLICY INFORMATION
(lanjutan) (continued)
d. Kebijakan Akuntansi Entitas Anak (lanjutan) d. Accounting Policy for Subsidiaries (continued)
Bank CIMB Niaga menggunakan metode akuisisi Bank CIMB Niaga uses the acquisition method to
untuk mencatat kombinasi bisnis. Imbalan yang account for business combinations. The consideration
dialihkan untuk akuisisi suatu Entitas Anak adalah transferred for the acquisition of a Subsidiary is the fair
sebesar nilai wajar aset yang dialihkan, liabilitas yang value of the assets transferred, the liabilities incurred
diakui dan kepentingan ekuitas yang diterbitkan oleh and the equity interests issued by Bank CIMB Niaga.
Bank CIMB Niaga. Imbalan yang dialihkan termasuk The consideration transferred includes the fair value of
nilai wajar aset atau liabilitas yang timbul dari any asset or liability resulting from a contingent
kesepakatan imbalan kontinjensi. consideration arrangement.
Biaya terkait akuisisi dibebankan ketika terjadi. Aset Acquisition related costs are expensed as incurred.
teridentifikasi yang diperoleh dan liabilitas serta Identifiable assets acquired and liabilities and
liabilitas kontinjensi yang diambil alih dalam suatu contingent liabilities assumed in a business
kombinasi bisnis diukur pada awalnya sebesar nilai combination are initially measured at their fair values
wajar pada tanggal akuisisi. at the acquisition date.
Untuk setiap akuisisi, Bank CIMB Niaga mengakui For every acquisition, Bank CIMB Niaga recognises
kepentingan non-pengendali pada pihak yang any non-controlling interest in the acquiree either at
diakuisisi baik sebesar nilai wajar atau sebesar bagian fair value or at the non-controlling interest’s
proporsional kepentingan non-pengendali atas aset proportionate share of the acquiree’s net assets.
neto pihak yang diakuisisi.
Selisih lebih imbalan yang dialihkan, jumlah The excess of the consideration transferred, the
kepentingan non-pengendali pada pihak yang amount of any non-controlling interest in the acquiree
diakuisisi serta nilai wajar pada tanggal akuisisi and the acquisition date fair value of any previous
kepentingan ekuitas sebelumnya dimiliki pihak equity interest in the acquiree over the fair value of the
pengakuisisi atas nilai wajar aset teridentifikasi yang identifiable net assets acquired is recorded as
diakuisisi dicatat sebagai goodwill. Jika jumlah ini lebih goodwill. If this is less than the fair value of the net
rendah dari nilai wajar aset neto entitas yang diakuisisi assets of the subsidiaries acquired in the case of a
dalam kasus pembelian dengan diskon, selisihnya bargain purchase, the difference is recognised directly
diakui langsung sebagai laba rugi. in profit or loss.
e. Penjabaran mata uang asing e. Foreign currency translation
Mata uang fungsional Functional currency
Laporan keuangan konsolidasian Bank CIMB Niaga The consolidated financial statements of Bank CIMB
dan Entitas Anak disajikan dalam Rupiah yang Niaga and Subsidiaries are presented in Rupiah which
merupakan mata uang fungsional Bank CIMB Niaga is the functional currency of the Bank CIMB Niaga and
dan Entitas Anak. Subsidiaries.
Halaman – 5/16 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 666
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL 2. MATERIAL ACCOUNTING POLICY INFORMATION
(lanjutan) (continued)
e. Penjabaran mata uang asing (lanjutan) e. Foreign currency translation (continued)
Mata uang pelaporan Reporting currency
Laporan keuangan konsolidasian disajikan dalam The consolidated financial statements are presented
mata uang Rupiah, yang merupakan mata uang in Rupiah, which is the reporting currency of Bank
pelaporan Bank CIMB Niaga dan Entitas Anak. CIMB Niaga and Subsidiaries.
Transaksi dan saldo Transactions and balances
Transaksi dalam mata uang asing dijabarkan ke Transactions denominated in a foreign currency are
dalam mata uang Rupiah dengan menggunakan kurs converted into Rupiah at the exchange rate prevailing
yang berlaku pada tanggal transaksi. at the date of the transaction.
Aset dan liabilitas moneter dalam mata uang asing Monetary assets and liabilities denominated in foreign
dijabarkan ke dalam Rupiah menggunakan kurs currency are translated into Rupiah with the closing
penutupan pada tanggal pelaporan dengan rate as at the reporting date using Bank Indonesia’s
menggunakan kurs spot Bank Indonesia di sistem spot rate in Reuters’s system at 4.00 p.m.
Reuters pada pukul 16.00 WIB untuk tanggal WIB (Western Indonesian Time) on
31 Desember 2025, 2024, dan 2023. Aset dan 31 December 2025, 2024, and 2023. Non-monetary
liabilitas non-moneter dalam mata uang asing yang assets and liabilities measured at historical cost
diukur berdasarkan biaya historis dijabarkan ke dalam denominated in a foreign currency are translated into
Rupiah dengan kurs pada tanggal pengakuan awal. Rupiah with the exchange rate as at the date of initial
Aset dan liabilitas non-moneter yang diukur recognition. Non-monetary assets and liabilities in a
berdasarkan nilai wajar dijabarkan ke dalam Rupiah foreign currency that are measured at fair value are
dengan kurs pada tanggal nilai wajar ditentukan. translated into Rupiah using the exchange rates at the
date when the fair value was determined.
Transaksi dalam mata uang asing dijabarkan ke Transactions denominated in a foreign currency are
dalam mata uang Rupiah dengan menggunakan kurs converted into Rupiah at the exchange rate prevailing
yang berlaku pada tanggal transaksi. at the date of the transaction.
Keuntungan atau kerugian selisih kurs yang timbul Exchange gains or losses arising on transactions in
dari transaksi dalam mata uang asing dan dari foreign currency and on the translation of foreign
penjabaran aset dan liabilitas moneter dalam mata currency monetary assets and liabilities are
uang asing, diakui sebagai laba rugi, kecuali apabila recognised as profit or loss, except when deferred in
ditangguhkan pada pendapatan komprehensif lainnya other comprehensive income as qualifying cash flow
sebagai lindung nilai arus kas yang memenuhi syarat. hedges.
Selisih penjabaran mata uang asing atas efek utang Translation differences on debt securities and other
dan aset moneter keuangan lainnya yang diukur monetary financial assets measured at fair value are
berdasarkan nilai wajar dicatat sebagai bagian dari included in foreign exchange gains and losses.
keuntungan dan kerugian selisih kurs.
Halaman – 5/17 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 667
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL 2. MATERIAL ACCOUNTING POLICY INFORMATION
(lanjutan) (continued)
e. Penjabaran mata uang asing (lanjutan) e. Foreign currency translation (continued)
Berikut ini adalah kurs mata uang asing yang Below are the exchange rates used for translation as
digunakan untuk penjabaran pada tanggal at 31 December 2025, 2024, and 2023:
31 Desember 2025, 2024, dan 2023:
2025 2024 2023
Pound Sterling Britania Raya 22,440 20,219 19,627 Great Britain Pound Sterling
Franc Swiss 21,026 17,815 18,299 Swiss Franc
Euro 19,571 16,758 17,038 Euro
Dolar Amerika Serikat 16,675 16,095 15,397 United States Dollar
Dolar Singapura 12,965 11,845 11,676 Singapore Dollar
Dolar Kanada 12,168 11,202 11,630 Canadian Dollar
Dolar Australia 11,152 10,014 10,521 Australian Dollar
Dolar Selandia Baru 9,626 9,068 9,766 New Zealand Dollar
Riyal Saudi Arabia 4,447 4,284 4,106 Saudi Arabian Riyal
Ringgit Malaysia 4,108 3,598 3,355 Malaysian Ringgit
Yuan China 2,385 2,205 2,170 Chinese Yuan
Yuan Hong Kong 2,385 2,199 2,170 Chinese Yuan Hong Kong
Dolar Hong kong 2,142 2,073 1,971 Hong kong Dollar
Krona Swedia 1,809 1,463 1,542 Swedish Krona
Baht Thailand 529 470 450 Thailand Baht
Yen Jepang 107 103 109 Japanese Yen
Won Korea Selatan 12 11 12 South Korean Won
f. Aset dan liabilitas keuangan f. Financial assets and liabilities
(i) Aset keuangan (i) Financial assets
Bank CIMB Niaga dan Entitas Anak Bank CIMB Niaga and Subsidiaries classify its
mengklasifikasikan aset keuangannya dalam financial assets in categories (A) financial assets
kategori (A) aset keuangan yang diukur pada measured at fair value through profit or loss
nilai wajar melalui laba rugi (”FVTPL”), (B) aset (“FVTPL”), (B) financial assets measured at
keuangan yang diukur pada biaya perolehan amortised cost, and (C) financial assets
diamortisasi, dan (C) aset keuangan yang diukur measured at fair value through other
pada nilai wajar melalui penghasilan comprehensive income (“FVOCI”). Management
komprehensif lain (”FVOCI”). Manajemen determines the classification of its financial
menentukan klasifikasi aset keuangan tersebut assets at the initial recognition.
pada saat awal pengakuannya.
Aset keuangan diklasifikasikan menjadi kategori Financial assets are classified into these
tersebut di atas berdasarkan model bisnis Bank categories based on the Bank and Subsidiaries’
dan Entitas Anak untuk mengelola aset business models for managing the financial
keuangan dan persyaratan kontraktual arus kas. assets and the contractual terms of the cash
Model bisnis merefleksikan bagaimana flows. The business model reflects how groups
kelompok aset keuangan dikelola untuk of financial assets are managed to achieve a
mencapai tujuan bisnis tertentu. particular business objective.
Halaman – 5/18 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 668
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL 2. MATERIAL ACCOUNTING POLICY INFORMATION
(lanjutan) (continued)
f. Aset dan liabilitas keuangan (lanjutan) f. Financial assets and liabilities (continued)
(i) Aset keuangan (lanjutan) (i) Financial assets (continued)
(A) Aset keuangan yang diukur pada nilai (A) Financial assets measured at fair value
wajar melalui laba rugi (”FVTPL”) through profit or loss (“FVTPL”)
Aset keuangan diklasifikasikan dalam Financial assets are classified as fair value
kelompok diukur pada nilai wajar melalui through profit or loss if they are acquired or
laba rugi jika diperoleh atau dimiliki owned primarily for the purpose of selling or
terutama untuk tujuan dijual atau dibeli repurchasing in the near future or if they are
kembali dalam waktu dekat atau jika part of portfolio of certain financial
merupakan bagian dari portofolio instruments that are jointly managed and
instrumen keuangan tertentu yang dikelola there is evidence of profit taking patterns in
bersama dan terdapat bukti mengenai pola the short term. Derivatives are also
ambil untung dalam jangka pendek (short categorised as fair value through profit or
term profit taking) yang terkini. Derivatif loss, except for derivatives that are
juga dikategorikan dalam kelompok diukur designated and effective as hedging
pada nilai wajar melalui laba rugi, kecuali instruments.
derivatif yang ditetapkan dan efektif
sebagai instrumen lindung nilai.
Aset keuangan diukur pada nilai wajar Financial assets are measured at fair value
melalui laba rugi kecuali pengujian model through profit or loss except business
bisnis dan pengujian arus kas kontraktual model test and contractual cash flow test
menunjukkan bahwa aset keuangan show that financial assets are included in
tersebut masuk ke dalam klasifikasian the classification that are measured at
yang diukur pada biaya perolehan amortised cost or fair value through other
diamortisasi atau nilai wajar melalui comprehensive income.
penghasilan komprehensif lain.
Instrumen keuangan yang dikelompokkan Financial instruments classified into this
ke dalam kategori ini diakui pada nilai category are recognised at fair value at
wajarnya pada saat pengakuan awal; initial recognition; transaction costs (if any)
biaya transaksi (jika ada) diakui secara are recognised directly in the consolidated
langsung ke dalam laporan laba rugi profit or loss. Gains and losses arising from
konsolidasian. Keuntungan dan kerugian changes in fair value and sale of financial
yang timbul dari perubahan nilai wajar dan instruments are recognised in the
penjualan instrumen keuangan diakui di consolidated profit or loss and are recorded
dalam laporan laba rugi konsolidasian dan as “Gains/(losses) from changes in fair
dicatat masing-masing sebagai value of financial instruments” and
“Keuntungan/(kerugian) dari perubahan “Gains/(losses) from sales of financial
nilai wajar instrumen keuangan” dan instruments”. Interest income from financial
“Keuntungan/(kerugian) dari penjualan instruments in the group measured at fair
instrumen keuangan”. Pendapatan bunga value through profit or loss is recorded as
dari instrumen keuangan dalam kelompok “Interest income”.
diukur pada nilai wajar melalui laba rugi
dicatat sebagai “Pendapatan bunga”.
Halaman – 5/19 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 669
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL 2. MATERIAL ACCOUNTING POLICY INFORMATION
(lanjutan) (continued)
f. Aset dan liabilitas keuangan (lanjutan) f. Financial assets and liabilities (continued)
(i) Aset keuangan (lanjutan) (i) Financial assets (continued)
(B) Aset keuangan yang diukur pada biaya (B) Financial assets measured at amortised
perolehan diamortisasi cost
Aset keuangan diukur pada biaya Financial assets are measured at amortised
perolehan diamortisasi jika aset keuangan cost if the financial assets are managed in
dikelola dalam model bisnis yang a business model that aims to have
bertujuan untuk memiliki aset keuangan financial assets in order to obtain
dalam rangka mendapatkan arus kas contractual cash flows. Contractual cash
kontraktual. Arus kas kontraktual dari aset flow of the financial assets which on a
keuangan yang pada tanggal tertentu certain date solely payment from principal
hanya berasal dari pembayaran pokok and interest (“SPPI”) of the principal
dan bunga (“SPPI”) atas jumlah pokok outstanding.
terutang.
Pada saat pengakuan awal, aset At initial recognition, financial assets
keuangan yang diukur pada biaya measured at amortised cost are recognised
perolehan diamortisasi diakui pada nilai at fair value plus transaction costs (if any)
wajarnya ditambah biaya transaksi (jika and subsequently measured using the
ada) dan selanjutnya diukur dengan effective interest rate.
menggunakan suku bunga efektif.
Biaya transaksi mencakup seluruh biaya Transaction cost includes all fees and
dan provisi yang dibayarkan atau diterima provisions paid or received that are an
yang merupakan bagian tak terpisahkan integral part of the effective interest rate.
dari suku bunga efektif.
Tingkat suku bunga efektif adalah suku The effective interest rate is the interest rate
bunga yang secara tepat mendiskontokan that exactly discounts the estimated future
estimasi arus kas di masa datang selama cash flows through the expected life of the
perkiraan umur dari aset keuangan atau financial assets or financial liability (or,
liabilitas keuangan (atau jika lebih tepat, where appropriate a shorter period) to the
digunakan periode yang lebih singkat) net carrying amount at initial recognition.
untuk memperoleh nilai tercatat bersih When calculating the effective interest rate,
pada saat pengakuan awal. Pada saat Bank CIMB Niaga and Subsidiaries
menghitung tingkat suku bunga efektif, estimate future cash flows considering all
Bank CIMB Niaga dan Entitas Anak contractual terms of the financial
mengestimasi arus kas di masa datang instrument, but does not consider any future
dengan mempertimbangkan seluruh credit losses.
persyaratan kontraktual dalam instrumen
keuangan tersebut, namun tidak
mempertimbangkan kerugian kredit di
masa mendatang.
Pendapatan bunga dari aset keuangan Interest income from financial assets
yang diukur pada biaya perolehan measured at amortised cost is recorded in
diamortisasi dicatat dalam laporan laba the consolidated profit or loss and is
rugi konsolidasian dan diakui sebagai
“Pendapatan bunga”. recognised as “Interest income”.
Ketika penurunan nilai terjadi, kerugian When an impairment occurs, an impairment
penurunan nilai diakui sebagai pengurang loss is recognised as a deduction from the
dari nilai tercatat aset keuangan dan diakui carrying value of financial assets and is
didalam laporan keuangan konsolidasian recognised in the consolidated financial
sebagai “Cadangan kerugian penurunan statements as “Allowance for impairment
nilai”. losses”.
Halaman – 5/20 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 670
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL 2. MATERIAL ACCOUNTING POLICY INFORMATION
(lanjutan) (continued)
f. Aset dan liabilitas keuangan (lanjutan) f. Financial assets and liabilities (continued)
(i) Aset keuangan (lanjutan) (i) Financial assets (continued)
(C) Aset keuangan yang diukur pada nilai (C) Financial assets measured at fair value
wajar melalui penghasilan komprehensif through other comprehensive income
lain (”FVOCI”) (“FVOCI”)
Aset keuangan yang diukur pada nilai Financial assets measured at fair value
wajar melalui penghasilan komprehensif through other comprehensive income are
lain merupakan aset keuangan dikelola financial assets that are managed in a
dalam model bisnis yang tujuannya akan business model whose objectives will be
terpenuhi dengan mendapatkan arus kas fulfilled by obtaining contractual cash flows
kontraktual dan menjual aset keuangan. and selling financial assets. Cash flow
Arus kas kontraktual dari aset keuangan contractual of financial assets which on a
yang pada tanggal tertentu hanya dari certain date solely payment from principal
pembayaran pokok dan bunga (“SPPI”) and interest (“SPPI”) of the principal
dari jumlah pokok terutang. outstanding.
Pada saat pengakuan awalnya, aset At initial recognition, financial instruments
keuangan yang diukur pada nilai wajar measured at fair value through other
melalui penghasilan komprehensif lain comprehensive income are recognised at
diakui pada nilai wajarnya ditambah biaya fair value plus transaction costs (if any) and
transaksi (jika ada) dan selanjutnya diukur subsequently measured at fair value where
pada nilai wajarnya dimana keuntungan gains or losses on changes in fair value
atau kerugian atas perubahan nilai wajar and impairment losses are recognised as
dan kerugian penurunan nilai, diakui other comprehensive income.
sebagai penghasilan komprehensif lain.
Kerugian kredit ekspektasian (”KKE”) Expected credit losses (“ECL”) are
diakui sebagai penambah/pengurang dari recognised as addition/deduction to other
penghasilan komprehensif lainnya di comprehensive income in the consolidated
dalam laporan keuangan konsolidasian financial statements (not reducing the
(tidak mengurangi jumlah tercatat aset carrying amount of financial assets in the
keuangan dalam laporan keuangan consolidated financial statements). Interest
konsolidasian). Pendapatan bunga income is calculated using the effective
dihitung menggunakan metode suku interest method.
bunga efektif.
Halaman – 5/21 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 671
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL 2. MATERIAL ACCOUNTING POLICY INFORMATION
(lanjutan) (continued)
f. Aset dan liabilitas keuangan (lanjutan) f. Financial assets and liabilities (continued)
(i) Aset keuangan (lanjutan) (i) Financial assets (continued)
Bank CIMB Niaga dan Entitas Anak Bank CIMB Niaga and Subsidiaries use trade
menggunakan akuntansi tanggal perdagangan date accounting for regular way contracts when
untuk mencatat transaksi aset keuangan yang recording financial asset transactions. Financial
assets that are transferred to a third party but not
lazim. Aset keuangan yang dialihkan kepada qualify for derecognition (if any) are disclosed in
pihak ketiga tetapi tidak memenuhi syarat the notes to the consolidated financial statement
penghentian pengakuan (jika ada) diungkapkan as “Pledged assets”, if the transferee has the right
di dalam catatan atas laporan keuangan to sell or repledge them.
konsolidasian sebagai ”Aset yang dijaminkan”,
jika pihak penerima memiliki hak untuk menjual
atau mentransfer kembali.
Penilaian pembayaran pokok dan bunga Solely payment of principal and interest (“SPPI”)
semata (”SPPI”) assessment
Untuk tujuan penilaian ini, ‘pokok’ didefinisikan For the purposes of this assessment, ‘principal’ is
sebagai nilai wajar dari aset keuangan pada defined as the fair value of the financial assets on
pengakuan awal. ‘Bunga’ didefinisikan sebagai initial recognition. ‘Interest’ is defined as
imbalan untuk nilai waktu atas uang, risiko kredit consideration for the time value of money, credit
yang terkait dengan jumlah pokok yang terutang risk associated with the principal amount
selama periode waktu tertentu dan untuk risiko outstanding during a particular period of time and
serta biaya pinjaman dasar lainnya (misalnya for other basic lending risks and costs (e.g.
risiko likuiditas dan biaya administrasi), liquidity risk and administrative costs), as well as
termasuk marjin keuntungan. profit margin.
Dalam menilai apakah arus kas kontraktual In assessing whether the contractual cash flows
adalah SPPI, Bank CIMB Niaga dan Entitas are SPPI, Bank CIMB Niaga and Subsidiaries
Anak mempertimbangkan ketentuan consider the contractual terms of the instrument.
kontraktual instrumen tersebut. Hal ini termasuk This includes assessing whether the financial
menilai apakah aset keuangan mengandung asset contains a contractual term that could
ketentuan kontraktual yang dapat mengubah change the timing or amount of contractual cash
waktu atau jumlah arus kas kontraktual flows such that it would not meet this condition.
sehingga tidak memenuhi kondisi ini.
Dalam melakukan penilaian arus kas In making the assessment of contractual cashflow
kontraktual adalah SPPI, Bank CIMB Niaga dan are SPPI, Bank CIMB Niaga and Subsidiaries
Entitas Anak mempertimbangkan: consider:
- Kejadian kontinjensi yang akan mengubah - Contingent events that would change the
jumlah dan waktu dari arus kas; amount and timing of cash flows;
- Fitur leverage; - Leverage features;
- Persyaratan pelunasan dipercepat dan - Prepayment and extention terms;
perpanjangan fasilitas;
Halaman – 5/22 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 672
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL 2. MATERIAL ACCOUNTING POLICY INFORMATION
(lanjutan) (continued)
f. Aset dan liabilitas keuangan (lanjutan) f. Financial assets and liabilities (continued)
(i) Aset keuangan (lanjutan) (i) Financial assets (continued)
Penilaian pembayaran pokok dan bunga Solely payment of principal and interest (“SPPI”)
semata (”SPPI”) (lanjutan) assessment (continued)
Dalam melakukan penilaian arus kas In making the assessment of contractual cashflow
kontraktual adalah SPPI, Bank CIMB Niaga dan are SPPI, Bank CIMB Niaga and Subsidiaries
Entitas Anak mempertimbangkan: (lanjutan) consider: (continued)
- Ketentuan yang membatasi klaim Bank - Terms that limit Bank CIMB Niaga and
CIMB Niaga dan Entitas Anak atas arus kas Subsidiaries’ claim to cash flows from
dari aset tertentu (seperti pinjaman non- specified assets (e.g. non-recourse loans);
recourse); dan and
- Fitur yang memodifikasi imbalan dari nilai - Features that modify consideration of the time
waktu atas uang (seperti penetapan ulang value of money (e.g. periodical reset of
suku bunga berkala). interest rates).
Penilaian model bisnis Business model assessment
Model bisnis mengacu pada bagaimana aset Business model refers to how financial assets are
keuangan dikelola bersama untuk menghasilkan managed together to generate cash flows for
arus kas kepada Bank CIMB Niaga dan Entitas Bank CIMB Niaga and Subsidiaries. This may be
Anak. Arus kas mungkin dihasilkan dengan collecting contractual cash flow, selling financial
menerima arus kas kontraktual, menjual aset assets or both. Business models are determined
keuangan atau keduanya. Model bisnis at a level of aggregation where groups of assets
ditentukan pada tingkat agregasi di mana are managed together to achieve a particular
kelompok aset dikelola bersama untuk mencapai objective and do not depend on management’s
tujuan tertentu dan tidak bergantung pada intensi intentions for individual instrument.
manajemen pada instrumen individual.
Bank CIMB Niaga dan Entitas Anak menilai Bank CIMB Niaga and Subsidiaries assess the
model bisnis pada aset keuangan setidaknya business model of financial assets at least at
pada tingkat lini bisnis atau dimana terdapat business line level or where there are varying
variasi mandat/tujuan dalam lini bisnis, pada lini mandates/objectives within a business line, at
bisnis produk atau pada tingkat yang lebih product business line or at a more granular
granular (misalnya sub-portofolio atau sub-lini (e.g. sub-portfolio or sub-business line).
bisnis).
Halaman – 5/23 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 673
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL 2. MATERIAL ACCOUNTING POLICY INFORMATION
(lanjutan) (continued)
f. Aset dan liabilitas keuangan (lanjutan) f. Financial assets and liabilities (continued)
(i) Aset keuangan (lanjutan) (i) Financial assets (continued)
Penilaian model bisnis (lanjutan) Business model assessment (continued)
Penentuan model bisnis dilakukan dengan Business model determination are made
mempertimbangkan semua bukti relevan yang considering all relevant evidence that is available
tersedia pada tanggal penilaian. Ini termasuk, at the date of the assessment. This includes, but
tetapi tidak terbatas pada: not limited to:
- Bagaimana kinerja bisnis dan aset keuangan - How the performance of business and the
yang ada di dalam unit bisnis itu dievaluasi dan financial assets held within that business unit
dilaporkan kepada manajemen. Tingkat are evaluated and reported to management.
pemisahan yang diidentifikasi untuk klasifikasi The level of segregation identified for SFAS 109
PSAK 109 harus konsisten dengan bagaimana classification should be consistent with how
portofolio aset dipisahkan dan dilaporkan asset portfolio are segregated and reported to
kepada manajemen; management;
- Risiko yang mempengaruhi kinerja unit bisnis - The risk that affect the performance of the
dan aset keuangan yang dimiliki dalam unit business units and the financial assets held
bisnis itu dan khususnya bagaimana risiko itu within that business unit and in particular the
dikelola; dan way those risks are managed; and
- Bagaimana manajer unit bisnis dikompensasi - How managers of the business unit are
(misalnya, apakah kompensasi didasarkan pada compensated (for example, whether
nilai wajar dari aset yang dikelola atau pada arus compensation is based on the fair value of the
kas kontraktual yang dikumpulkan). assets managed or on the contractual cash flow
collected).
Penentuan model bisnis dilakukan berdasarkan Business model determination are made on the
skenario yang diperkirakan akan terjadi oleh Bank basis of scenarios that Bank CIMB Niaga and
CIMB Niaga dan Entitas Anak dan tidak dalam Subsidiaries reasonably expect to occur and not
kondisi sangat tertekan atau ’kondisi terburuk’. under highly stressed or 'worst case' conditions.
Jika aset dijual dalam kondisi yang tidak Where assets are disposed of under condition
diharapkan oleh Bank CIMB Niaga dan Entitas that Bank CIMB Niaga and Subsidiaries did not
Anak untuk berlaku ketika aset diakui, klasifikasi reasonably expect to prevail when the asset were
aset keuangan yang ada dalam portofolio tidak recognised, the classification of existing financial
disajikan secara tidak akurat, tetapi kondisi assets in the portfolio are not rendered
tersebut harus dipertimbangkan untuk aset yang inaccurate, but the condition in question should be
diperoleh di masa mendatang. considered for any future assets acquired going
forward.
(ii) Liabilitas keuangan (ii) Financial liabilities
Bank CIMB Niaga dan Entitas Anak Bank CIMB Niaga and Subsidiaries classify its
mengklasifikasikan liabilitas keuangannya dalam financial liabilities in categories (A) financial
kategori (A) liabilitas keuangan yang diukur pada liabilities measured at fair value through profit or
nilai wajar melalui laba rugi dan (B) liabilitas loss and (B) financial liabilities measured at
keuangan yang diukur dengan biaya perolehan amortised cost.
diamortisasi.
Halaman – 5/24 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 674
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL 2. MATERIAL ACCOUNTING POLICY INFORMATION
(lanjutan) (continued)
f. Aset dan liabilitas keuangan (lanjutan) f. Financial assets and liabilities (continued)
(ii) Liabilitas keuangan (lanjutan) (ii) Financial liabilities (continued)
(A) Liabilitas keuangan yang diukur pada nilai (A) Financial liabilities measured at fair value
wajar melalui laba rugi through profit or loss
Kategori ini terdiri dari dua subkategori: The category comprises two sub-categories:
liabilitas keuangan diklasifikasikan sebagai financial liabilities classified as held for
diperdagangkan dan liabilitas keuangan trading and financial liabilities designated by
yang pada saat pengakuan awal telah Bank CIMB Niaga and Subsidiaries
ditetapkan oleh Bank CIMB Niaga dan measured at fair value through profit or loss
Entitas Anak untuk diukur pada nilai wajar upon initial recognition. At initial and
melalui laba rugi. Pada saat pengakuan subsequent recognition, is recorded at its fair
awal dan selanjutnya dicatat pada nilai value.
wajar.
Liabilitas keuangan diklasifikasikan A financial liability is classified as held for
sebagai diperdagangkan jika diperoleh trading if it is acquired or incurred principally
terutama untuk tujuan dijual atau dibeli for the purpose of selling or repurchasing it in
kembali dalam waktu dekat, atau jika the near term, or if it is part of a portfolio of
merupakan bagian dari portofolio instrumen identified financial instruments that are
keuangan tertentu yang dikelola bersama managed together and there is evidence of a
dan terdapat bukti mengenai pola ambil recent actual pattern of short term profit
untung dalam jangka pendek yang terkini. taking. Derivatives are also categorised as
Derivatif diklasifikasikan sebagai instrumen held for trading instrument unless they are
diperdagangkan kecuali ditetapkan dan designated and effective as hedging
efektif sebagai instrumen lindung nilai. instruments.
Liabilitas keuangan diklasifikasikan untuk Financial liabilities are classified as at fair
ditetapkan diukur pada nilai wajar melalui value through profit or loss on initial
laba rugi pada saat pengakuan awal jika recognition if that designation results in more
penetapan tersebut menghasilkan relevant information because it eliminates or
informasi yang lebih relevan karena significantly reduces measurement or
mengeliminasi atau mengurangi secara recognition inconsistencies that could arise
signifikan inkonsistensi pengukuran atau from measuring the liability or recognising a
pengakuan yang dapat timbul dari gain or loss on the liability on an which are
pengukuran liabilitas atau pengakuan different; or a group of financial liabilities or
keuntungan atau kerugian atas liabilitas financial liabilities is managed and its
dengan dasar yang berbeda – beda; atau performance is evaluated on a fair value
sekelompok liabilitas keuangan atau basis, in accordance with a documented risk
liabilitas keuangan dikelola dan kinerjanya management or investment strategy, and
dievaluasi berdasarkan nilai wajar, sesuai information on the intended fair value of the
manajemen risiko atau strategi investasi group.
yang terdokumentasi, dan informasi
dengan nilai wajar dimaksud atas kelompok
tersebut.
Halaman – 5/25 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 675
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL 2. MATERIAL ACCOUNTING POLICY INFORMATION
(lanjutan) (continued)
f. Aset dan liabilitas keuangan (lanjutan) f. Financial assets and liabilities (continued)
(ii) Liabilitas keuangan (lanjutan) (ii) Financial liabilities (continued)
(A) Liabilitas keuangan yang diukur pada nilai (A) Financial liabilities measured at fair value
wajar melalui laba rugi (lanjutan) through profit or loss (continued)
Keuntungan atau kerugian atas liabilitas Gains or losses on financial liabilities
keuangan yang diukur pada nilai wajar measured at fair value through profit or loss
melalui laba rugi disajikan sebagian pada are presented partially in other
penghasilan komprehensif lain (jumlah comprehensive income (the amount of
yang berasal dari perubahan nilai wajar change in fair value of the financial liability
atas liabilitas keuangan yang berkaitan that is attributable to changes in the credit
dengan perubahan atas risiko kredit dari risk of that liability, which is determined as
liabilitas tersebut, yang dipertimbangkan the amount that is not attributable to changes
bahwa jumlah tersebut tidak berkaitan in market conditions that give rise to market
dengan kondisi pasar yang menyebabkan risk) and partially in profit or loss (the
timbulnya risiko pasar) dan sebagian pada remaining amount of change in the fair value
laba rugi (sisa dari jumlah perubahan nilai of the liability). Interest expenses on financial
wajar atas liabilitas tersebut). Beban bunga liabilities held for trading are included in
dari liabilitas keuangan yang “Interest expenses”.
diklasifikasikan sebagai diperdagangkan
dicatat di dalam ”Beban bunga”.
Penggunaan nilai wajar diterapkan pada The use of fair value is applied on the debt
instrumen hutang yang terdiri dari kontrak instrument which consists of host contract
utama dan derivatif melekat, jika tidak and embedded derivatives, if can not be
dapat dipisahkan. separated.
(B) Liabilitas keuangan yang diukur dengan (B) Financial liabilities at amortised cost
biaya perolehan diamortisasi
Liabilitas keuangan yang tidak Financial liabilities that are not classified as
diklasifikasikan sebagai liabilitas keuangan fair value through profit or loss fall into this
yang diukur pada nilai wajar melalui laba category and are measured at amortised
rugi dikategorikan dan diukur dengan biaya cost.
perolehan diamortisasi.
Pada saat pengakuan awal, liabilitas Financial liabilities at amortised cost are
keuangan yang diukur dengan biaya initially measured at fair value less
perolehan diamortisasi, diukur pada nilai transaction costs (if any).
wajar dikurangi biaya transaksi (jika ada).
Setelah pengakuan awal, Bank CIMB After initial recognition, Bank CIMB Niaga
Niaga dan Entitas Anak mengukur seluruh and Subsidiaries measured all financial
liabilitas keuangan yang diukur dengan liabilities at amortised cost using effective
biaya perolehan diamortisasi dengan interest rate method.
menggunakan metode suku bunga efektif.
Halaman – 5/26 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 676
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL 2. MATERIAL ACCOUNTING POLICY INFORMATION
(lanjutan) (continued)
f. Aset dan liabilitas keuangan (lanjutan) f. Financial assets and liabilities (continued)
(iii) Penentuan nilai wajar (iii) Determination of fair value
Nilai wajar adalah harga yang akan diterima Fair value is the price that would be received to
untuk menjual suatu aset atau harga yang akan sell an asset or paid to transfer a liability in an
dibayar untuk mengalihkan suatu liabilitas dalam orderly transaction between market participants
transaksi teratur (orderly transaction) antara at the measurement date in the principal market
pelaku pasar (market participants) pada tanggal or, in its absence, the market to which Bank
pengukuran di pasar utama atau, jika tidak CIMB Niaga and Subsidiaries have access at
terdapat pasar utama, di pasar dimana Bank that date, or uses valuation techniques or
CIMB Niaga dan Entitas Anak memiliki akses internal measurement from observable data in
pada tanggal tersebut, atau menggunakan teknik respect of similar financial instruments with
penilaian atau penilaian internal yang didasarkan selected model. The fair value of a liability
pada data yang dapat diobservasi dari instrumen reflects its non-performance risk.
keuangan yang sama dengan model tertentu.
Nilai wajar liabilitas mencerminkan risiko
wanprestasinya.
Jika tersedia, Bank CIMB Niaga dan Entitas When available, Bank CIMB Niaga and
Anak mengukur nilai wajar instrumen keuangan Subsidiaries measure the fair value of a
dengan menggunakan harga kuotasi di pasar financial instrument using the quoted price in an
aktif untuk instrumen tersebut. active market for that instrument.
Instrumen keuangan dianggap memiliki kuotasi A financial instrument is considered to have a
di pasar aktif, jika harga kuotasi tersedia quotation in an active market, if quoted prices
sewaktu-waktu dan dapat diperoleh secara rutin are readily and regularly available from an
dari bursa, pedagang efek (dealer), perantara exchange, dealer, broker, industry group,
efek (broker), kelompok industri, badan pricing service or regulatory agency, and those
pengawas (pricing service atau regulatory prices represent actual and regularly occurring
agency), dan harga tersebut mencerminkan market transactions on an arm’s length basis. If
transaksi pasar yang aktual dan rutin dalam the above criteria are not met, the market is
suatu transaksi yang wajar. Jika kriteria di atas regarded as being inactive. Indications that a
tidak terpenuhi, maka pasar aktif dinyatakan market is inactive are when there is a wide bid-
tidak tersedia. Indikasi-indikasi dari pasar tidak offer spread or significant increase in the bid-
aktif adalah terdapat selisih yang besar antara offer spread or there are few recent
harga penawaran dan permintaan atau kenaikan transactions.
signifikan dalam selisih harga penawaran dan
permintaan dan hanya terdapat beberapa
transaksi terkini.
Nilai wajar untuk instrumen keuangan yang The fair value of financial instruments traded in
diperdagangkan di pasar aktif ditentukan active markets is determined based on quoted
berdasarkan nilai pasar yang berlaku pada market prices at the consolidated statement of
tanggal laporan posisi keuangan konsolidasian. financial position date. This includes IDMA’s
Termasuk di dalamnya adalah nilai pasar dari (Interdealer Market Association) quoted market
IDMA (Interdealer Market Association) atau prices or broker’s quoted price from Bloomberg
harga yang diberikan oleh broker (quoted price) and Reuters on the consolidated statement of
dari Bloomberg dan Reuters pada tanggal financial position date.
laporan posisi keuangan konsolidasian.
Halaman – 5/27 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 677
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL 2. MATERIAL ACCOUNTING POLICY INFORMATION
(lanjutan) (continued)
f. Aset dan liabilitas keuangan (lanjutan) f. Financial assets and liabilities (continued)
(iii) Penentuan nilai wajar (lanjutan) (iii) Determination of fair value (continued)
Nilai wajar untuk semua instrumen keuangan For all other financial instruments, fair value is
lainnya ditentukan dengan menggunakan teknik determined using valuation techniques. In
penilaian. Dengan teknik ini, nilai wajar these techniques, fair values are estimated
merupakan suatu estimasi yang dihasilkan dari from observable data in respect of similar
data yang dapat diobservasi dari instrumen financial instruments, using models to estimate
keuangan yang sama, menggunakan model- the present value of expected future cash flows
model untuk mendapatkan estimasi nilai kini or other valuation techniques, using inputs
dari arus kas masa depan yang diharapkan atau existing at the dates of the consolidated
teknik penilaian lainnya menggunakan input statements of financial position.
yang tersedia pada tanggal laporan posisi
keuangan konsolidasian.
Bank menggunakan beberapa teknik penilaian Bank uses widely recognised valuation models
yang digunakan secara umum untuk for determining fair values of financial
menentukan nilai wajar dari instrumen instruments with lower complexity, such as
keuangan dengan tingkat kompleksitas yang currency options, interest rate swaps, and
rendah, seperti opsi mata uang, swap suku currency swaps. For these financial
bunga dan swap mata uang. Input yang instruments, inputs into models are observable
digunakan dalam teknik penilaian untuk market data.
instrumen keuangan di atas adalah data pasar
yang dapat diobservasi.
Untuk instrumen yang lebih kompleks, Bank For more complex instruments, Bank CIMB
CIMB Niaga menggunakan model penilaian Niaga uses internally developed models,
internal, yang pada umumnya berdasarkan which are usually based on valuation
teknik dan metode penilaian yang umumnya methods and techniques generally
diakui sebagai standar industri. Model recognised as standard within the industry.
penilaian terutama digunakan untuk menilai Valuation models are used primarily to value
kontrak derivatif yang ditransaksikan melalui derivatives contract in the over the counter
pasar over the counter (“OTC”) dan instrumen (“OTC”) market and other debt instruments
hutang lainnya yang pasarnya tidak aktif. Input for which markets were or have become
dari model ini tidak dapat berasal dari data illiquid. The inputs to these models may not
yang dapat diobservasi di pasar. be observable market data.
Untuk instrumen keuangan yang tidak For financial instruments with no quoted
mempunyai harga pasar, estimasi atas nilai market price, a reasonable estimate of the fair
wajar ditetapkan dengan mengacu pada nilai value is determined by reference to the
wajar instrumen lain yang secara substansi current market value of another instrument
memiliki karakteristik yang sama atau dihitung which substantially have the same
berdasarkan ekspektasi arus kas yang characteristic or calculated based on
didiskonto dengan tingkat suku bunga pasar expected cash flows discounted by relevant
yang relevan. market rates.
Structured interest rate derivatives Structured interest rate derivatives are
ditentukan menggunakan option pricing measured using appropriate option pricing
models (sebagai contoh, the Black-Scholes models (for example, the Black-Scholes
model). model).
Halaman – 5/28 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 678
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL 2. MATERIAL ACCOUNTING POLICY INFORMATION
(lanjutan) (continued)
f. Aset dan liabilitas keuangan (lanjutan) f. Financial assets and liabilities (continued)
(iii) Penentuan nilai wajar (lanjutan) (iii) Determination of fair value (continued)
Pada saat nilai wajar dari unlisted equity In cases when the fair value of unlisted equity
instruments tidak dapat ditentukan dengan instruments cannot be determined reliably, the
handal, instrumen tersebut dinilai sebesar biaya instruments are carried at cost less
perolehan dikurangi penurunan nilai. Nilai wajar impairment. The fair value for loans and
atas kredit yang diberikan dan piutang, serta receivables as well as liabilities to banks and
liabilitas kepada bank dan nasabah ditentukan customers are determined using a present
menggunakan nilai kini berdasarkan arus kas value model on the basis of contractually
kontraktual dengan mempertimbangkan agreed cash flows, taking into account credit
kualitas kredit, likuiditas, dan biaya. quality, liquidity, and costs.
Bukti terbaik dari nilai wajar pada saat The best evidence of fair value at initial
pengakuan awal adalah harga transaksinya recognition is the transaction price (that is, the
(yaitu nilai wajar pembayaran yang diserahkan fair value of the consideration given or
atau diterima), kecuali nilai wajar dari instrumen received), unless the fair value of that
tersebut dapat dibuktikan dengan perbandingan instrument is evidenced by comparison with
transaksi untuk instrumen yang sama di pasar other observable current market transactions
terkini yang dapat diobservasi (yaitu yang tanpa in the same instrument (that is, without
modifikasi atau re-packaging) atau berdasarkan modification or re-packaging) or based on a
teknik penilaian dimana variabelnya hanya data valuation technique whose variables include
dari pasar yang dapat diobservasi. only data from observable markets.
Untuk instrumen keuangan yang diukur For financial instruments that measured at fair
menggunakan nilai wajar, Bank CIMB Niaga value, Bank CIMB Niaga and Subsidiaries use
dan Entitas Anak menggunakan hirarki nilai the fair value hierarchy which reflect the
wajar yang mencerminkan signifikasi input yang significance of input used in the measurement
digunakan dalam melakukan pengukuran (level 1, 2, and 3) as explained in Note 51a.
(tingkat 1, 2, dan 3) seperti dijelaskan pada
Catatan 51a.
(iv) Penghentian pengakuan (iv) Derecognition
Penghentian pengakuan aset keuangan Financial assets are derecognised when the
dilakukan ketika hak kontraktual atas arus kas contractual rights to receive the cash flows from
yang berasal dari aset keuangan tersebut these financial assets have ceased to exists or
berakhir, atau ketika aset keuangan tersebut the financial assets have been transferred and
telah ditransfer dan secara substansial seluruh substantially all the risks and rewards of
risiko dan manfaat atas kepemilikan aset ownership of the assets are also transferred
tersebut telah ditransfer (jika, secara (that is, if substantially all the risks and rewards
substansial seluruh risiko dan manfaat tidak have not been transferred, then Bank CIMB
ditransfer, maka Bank CIMB Niaga dan Entitas Niaga and Subsidiaries evaluate to ensure that
Anak melakukan evaluasi untuk memastikan continuing involvement on the basis of any
keterlibatan berkelanjutan atas kendali yang retained powers of control does not prevent
masih dimiliki tidak mencegah penghentian derecognition). Financial liabilities are
pengakuan). Liabilitas keuangan dihentikan derecognised when they have been redeemed,
pengakuannya ketika liabilitas telah dilepaskan or cancelled, or otherwise extinguished.
atau dibatalkan atau kadaluwarsa.
Halaman – 5/29 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 679
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL 2. MATERIAL ACCOUNTING POLICY INFORMATION
(lanjutan) (continued)
g. Klasifikasi dan reklasifikasi instrumen keuangan g. Classification and reclassification of financial
instruments
Klasifikasi aset dan liabilitas keuangan Classification of financial assets and liabilities
Golongan (ditentukan oleh Bank CIMB Niaga
Kategori yang didefinisikan oleh PSAK 109/ dan Entitas Anak)/
Sub golongan/Sub-classes
Category as defined by SFAS 109 Class (as determined by Bank CIMB Niaga and
Subsidiaries)
Efek-efek/Marketable securities
Aset keuangan yang diukur
pada nilai wajar melalui laba Obligasi Pemerintah/Government Bonds
rugi/Financial assets
measured at fair value through Efek-efek yang dibeli dengan janji dijual kembali/Securities purchased under resale
profit or loss agreements
Tagihan derivatif - Tidak terkait lindung nilai/Derivative receivables – Non-hedging related
Giro pada Bank Indonesia/Current accounts with Bank Indonesia
Giro pada bank lain/Current accounts with other banks
Penempatan pada bank lain dan Bank Indonesia/Placements with other banks and Bank
Indonesia
Efek-efek yang dibeli dengan janji dijual kembali/Securities purchased under resale
Aset keuangan yang diukur agreements
dengan harga perolehan
diamortisasi/Financial assets Kredit yang diberikan/Loans
measured at amortised cost
Aset keuangan/ Piutang pembiayaan konsumen/Consumer financing receivables
Financial assets
Tagihan akseptasi/Acceptance receivables
Pendapatan bunga yang masih akan diterima/Accrued interest income
Aset lain-lain/Other assets
Efek-efek/Marketable securities
Obligasi Pemerintah/Government Bonds
Aset keuangan yang diukur
pada nilai wajar melalui Efek-efek/Marketable securities
penghasilan komprehensif lain
/Financial assets measured at
fair value through other Obligasi Pemerintah/Government Bonds
comprehensive income
Tagihan derivatif - Terkait lindung
Derivatif lindung nilai/Hedging Lindung nilai atas nilai wajar/Hedging instruments in nilai atas nilai wajar/Derivative
derivatives fair value hedges receivables - Hedging instruments
in fair value hedges related
Halaman – 5/30 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 680
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL 2. MATERIAL ACCOUNTING POLICY INFORMATION
(lanjutan) (continued)
g. Klasifikasi dan reklasifikasi instrumen keuangan g. Classification and reclassification of financial
(lanjutan) instruments (continued)
Klasifikasi aset dan liabilitas keuangan (lanjutan) Classification of financial assets and liabilities
(continued)
Golongan (ditentukan oleh Bank CIMB Niaga dan
Kategori yang didefinisikan oleh PSAK 109/ Entitas Anak)/
Sub golongan/Sub-classes
Category as defined by SFAS 109 Class (as determined by Bank CIMB Niaga and
Subsidiaries)
Liabilitas keuangan Liabilitas derivatif - bukan lindung nilai/Derivative payables – non-hedging
yang diukur pada nilai
wajar melalui laba
rugi/Financial liabilities Simpanan dari nasabah/Deposits from customers
measured at fair value
through profit or loss Simpanan dari bank lain/Deposits from other banks
Liabilitas segera/Obligations due immediately
Simpanan dari nasabah/Deposits from customers
Simpanan dari bank lain/Deposits from other banks
Liabilitas keuangan
yang diukur dengan Efek-efek yang dijual dengan janji dibeli kembali/Securities sold under repurchase agreement
biaya perolehan
Liabilitas keuangan/ diamortisasi/Financial Liabilitas akseptasi/Acceptance payables
Financial liabilities liabilities measured at
amortised cost Efek-efek yang diterbitkan/Marketable securities issued
Pinjaman yang diterima/Borrowings
Beban yang masih harus dibayar dan liabilitas lain-lain/Accruals and other liabilities
Pinjaman subordinasi/Subordinated loans
Liabilitas derivatif - Terkait lindung
Derivatif lindung
Lindung nilai atas nilai wajar/Hedging instruments in fair nilai atas nilai wajar/Derivative
nilai/Hedging
value hedges payables - Hedging instruments in
derivatives
fair value hedges related
Komitmen dan
kontijensi instrumen Fasilitas kredit yang diberikan yang belum digunakan/Unused loan facilities granted
keuangan/
Commitment and
contingency financial Irrevocable letters of credit yang masih berjalan/Outstanding irrevocable letters of credit
instruments
Halaman – 5/31 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 681
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL 2. MATERIAL ACCOUNTING POLICY INFORMATION
(lanjutan) (continued)
g. Klasifikasi dan reklasifikasi instrumen keuangan g. Classification and reclassification of financial
(lanjutan) instruments (continued)
Reklasifikasi aset keuangan Reclassification of financial assets
Bank CIMB Niaga dan Entitas Anak diperkenankan Bank CIMB Niaga and Subsidiaries are permitted to
untuk melakukan reklasifikasi atas aset keuangan reclassify its financial assets if Bank CIMB Niaga and
yang dimiliki jika Bank CIMB Niaga dan Entitas Anak Subsidiaries change its business model for managing
mengubah model bisnis untuk pengelolaan aset financial assets while reclassification for financial
keuangan sedangkan reklasifikasi untuk liabilitas liabilities is not permitted.
keuangan tidak diperkenankan.
Perubahan model bisnis sifatnya harus berdampak Changes in business models must have a significant
secara signifikan terhadap kegiatan operasional impact on Bank CIMB Niaga and Subsidiaries’
Bank CIMB Niaga dan Entitas Anak seperti operational activities such as obtaining, releasing or
memperoleh, melepaskan, atau mengakhiri suatu lini terminating a business line.
bisnis.
Bank CIMB Niaga dan Entitas Anak akan Bank CIMB Niaga and Subsidiaries will reclassify
mereklasifikasi seluruh aset keuangan yang terkena financial assets affected by changes in business
dampak dari perubahan model bisnis. Perubahan models. Changes in Bank CIMB Niaga and
tujuan model bisnis Bank CIMB Niaga dan Entitas Subsidiaries’ business model objectives must have
Anak harus berdampak sebelum tanggal an impact before the reclassification date.
reklasifikasi.
Yang bukan merupakan perubahan model bisnis The followings are not changes in business model:
adalah:
- perubahan intensi berkaitan dengan aset - changes in intention relating to certain financial
keuangan tertentu (bahkan pada situasi assets (even in situations significant changes in
perubahan signifikan dalam kondisi pasar); market conditions);
- hilangnya sementara pasar tertentu untuk aset - temporary loss of certain markets for financial
keuangan; dan assets; and
- pengalihan aset keuangan antara bagian dari - transfer of financial assets between parts of Bank
Bank CIMB Niaga dan Entitas Anak dengan CIMB Niaga and Subsidiaries with different
model bisnis berbeda. business models.
Bank CIMB Niaga dan Entitas Anak menerapkan Bank CIMB Niaga and Subsidiaries apply a
reklasifikasi secara prospektif dari tanggal prospective reclassification of the date of the
reklasifikasi. Bank CIMB Niaga dan Entitas Anak reclassification. Bank CIMB Niaga and Subsidiaries
tidak menyajikan kembali keuntungan, kerugian do not restate profits, losses (including impairment
(termasuk keuntungan atau kerugian penurunan profit or loss), or interest recognised earlier.
nilai), atau bunga yang diakui sebelumnya.
Reklasifikasi aset keuangan dari kategori Reclassification of financial asset from amortised cost
pengukuran biaya perolehan diamortisasi menjadi to fair value through profit or loss, the fair value is
kategori pengukuran nilai wajar melalui laba rugi, measured on the date of reclassification. The gains
nilai wajarnya diukur pada tanggal reklasifikasi. or losses arising from the difference between the prior
Keuntungan atau kerugian yang timbul dari selisih amortised cost and fair value of financial assets are
antara biaya perolehan diamortisasi sebelumnya dan recognised in profit or loss.
nilai wajar aset keuangan diakui dalam laba rugi.
Halaman – 5/32 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 682
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL 2. MATERIAL ACCOUNTING POLICY INFORMATION
(lanjutan) (continued)
g. Klasifikasi dan reklasifikasi instrumen keuangan g. Classification and reclassification of financial
(lanjutan) instruments (continued)
Reklasifikasi aset keuangan (lanjutan) Reclassification of financial assets (continued)
Reklasifikasi aset keuangan dari kategori pengukuran Reclassification of financial assets from the fair value
nilai wajar melalui laba rugi menjadi kategori through profit or loss to the amortised cost, the fair
pengukuran biaya perolehan diamortisasi, nilai wajar value on the reclassification date becomes the new
pada tanggal reklasifikasi menjadi jumlah tercatat gross recorded amount. The effective interest rate is
bruto yang baru. Suku bunga efektif dihitung sebagai calculated as the fair value basis at the date of
basis nilai wajar saat tanggal reklasifikasi. reclassification.
Reklasifikasi aset keuangan dari kategori pengukuran Reclassification financial assets of from amortised
biaya perolehan diamortisasi menjadi kategori cost to fair value through other comprehensive
pengukuran nilai wajar melalui penghasilan income, the fair value is measured on the date of
komprehensif lain, nilai wajarnya diukur pada tanggal reclassification. The gains or losses arising from the
reklasifikasi. Keuntungan atau kerugian yang timbul difference between the previous amortised cost and
dari selisih antara biaya perolehan diamortisasi the fair value of the financial assets are recognised in
sebelumnya dan nilai wajar aset keuangan diakui other comprehensive income. Effective interest rates
dalam penghasilan komprehensif lain. Suku bunga and expected impairment loss measurements are not
efektif dan pengukuran kerugian penurunan nilai adjusted as a result of reclassification.
ekspektasian tidak disesuaikan sebagai akibat dari
reklasifikasi.
Reklasifikasi aset keuangan dari kategori pengukuran Reclassification of financial assets from fair value
nilai wajar melalui penghasilan komprehensif lain through other comprehensive income to amortised
menjadi kategori pengukuran biaya perolehan cost, the financial asset is reclassified at fair value on
diamortisasi, aset keuangan direklasifikasi pada nilai the date of the reclassification. However, cumulative
wajarnya pada tanggal reklasifikasi. Akan tetapi gains or losses previously recognised in other
keuntungan atau kerugian kumulatif yang comprehensive income are removed from equity and
sebelumnya diakui dalam penghasilan komprehensif adjusted against the fair value of financial assets on
lain dihapus dari ekuitas dan disesuaikan terhadap the date of reclassification. Difference between fair
nilai wajar aset keuangan pada tanggal reklasifikasi. value on the date of reclassification and par value is
Selisih antara nilai wajar aset keuangan pada tanggal recorded as premium/discount and amortised
reklasifikasi dengan nilai par dicatat sebagai starting from the date of reclassification until maturity
premium/diskonto dan diamortisasi mulai dari tanggal date of that financial asset. Effective interest rates
reklasifikasi hingga tanggal jatuh tempo aset and expected impairment loss measurements are
keuangan tersebut. Suku bunga efektif dan not adjusted as a result of reclassification.
pengukuran kerugian penurunan nilai ekspektasian
tidak disesuaikan sebagai akibat dari reklasifikasi.
Reklasifikasi aset keuangan dari kategori pengukuran Reclassification financial asset from fair value
nilai wajar melalui laba rugi menjadi kategori through profit or loss to fair value through other
pengukuran nilai wajar melalui penghasilan comprehensive income, fair value on the date of
komprehensif lain, nilai wajar pada tanggal reclassification to be new carrying value. Cumulative
reklasifikasi menjadi nilai tercatat yang baru. gains or losses previously recognised in profit or loss
Keuntungan atau kerugian kumulatif yang not reclassified to other comprehensive income.
sebelumnya diakui pada laba rugi tidak direklasifikasi
ke penghasilan komprehensif lain.
Halaman – 5/33 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 683
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL 2. MATERIAL ACCOUNTING POLICY INFORMATION
(lanjutan) (continued)
g. Klasifikasi dan reklasifikasi instrumen keuangan g. Classification and reclassification of financial
(lanjutan) instruments (continued)
Reklasifikasi aset keuangan (lanjutan) Reclassification of financial assets (continued)
Reklasifikasi aset keuangan dari kategori pengukuran Reclassification of financial assets from fair value
nilai wajar melalui penghasilan komprehensif lain through other comprehensive income to fair value
menjadi kategori pengukuran nilai wajar melalui laba through profit or loss, fair value on the date of
rugi, nilai wajar pada tanggal reklasifikasi menjadi nilai reclassification is recorded as the new carrying value.
tercatat yang baru. Keuntungan atau kerugian Cumulative gains or losses previously recognised in
kumulatif yang sebelumnya diakui di penghasilan other comprehensive income are reclassified from
komprehensif lain direklasifikasi dari ekuitas ke laba equity to profit or loss as a reclassification
rugi sebagai penyesuaian reklasifikasi. adjustment.
Saling hapus instrumen keuangan Off-setting financial instruments
Aset keuangan dan liabilitas keuangan Financial assets and liabilities are offset and the net
disalinghapuskan dan jumlah netonya dilaporkan amount is reported in the consolidated statements
pada laporan posisi keuangan konsolidasian ketika of financial position when there is a legally
terdapat hak yang berkekuatan hukum untuk enforceable right to offset the recognised amounts
melakukan saling hapus atas jumlah yang telah and there is an intention to settle on a net basis or
diakui tersebut dan adanya niat untuk realise the asset and settle the liability
menyelesaikan secara neto, atau untuk simultaneously.
merealisasikan aset dan menyelesaikan liabilitas
secara bersamaan.
Hak saling hapus tidak kontinjen atas peristiwa di The legally enforceable right must not be contingent
masa depan dan dapat dipaksakan secara hukum on future events and must be enforceable in the
dalam situasi bisnis yang normal dan dalam normal course of business and in the event of
peristiwa gagal bayar, atau peristiwa kepailitan atau default, insolvency or bankruptcy of the Bank and
kebangkrutan Bank dan Entitas Anak atau pihak Subsidiaries or the counterparty.
lawan.
h. Penurunan nilai dari aset keuangan h. Impairment of financial assets
Bank CIMB Niaga dan Entitas Anak menggunakan Bank CIMB Niaga and Subsidiaries uses the risk
pendekatan model parameter risiko yang parameter modelling approach that incorporates key
menggunakan beberapa parameter utama, antara lain parameters, including the Probability of Default
Probability of Default (“PD”), Loss Given Default (“PD”), Loss Given Default (“LGD”), Exposure at
(“LGD”), Exposure at Default (“EAD”) dan tingkat Default (“EAD”) and discount rate, after considering
diskonto, setelah memperhitungkan dampak asumsi forward-looking economic assumptions.
ekonomi masa depan.
a. Probability of Default (“PD”) a. Probability of Default (“PD”)
Probabilitas yang timbul di suatu waktu dimana The probability at a point in time that a
debitur mengalami gagal bayar, dikalibrasikan counterparty will default, calibrated over up to 12
sampai dengan periode 12 bulan dari tanggal months from the reporting date (stage 1) or over
laporan (tahap 1) atau sepanjang umur (tahap 2 the lifetime of the product (stage 2 and 3) and
incorporating the impact of forward-looking
dan 3) dan digabungkan pada dampak asumsi economic assumptions that have an effect on
ekonomi masa depan yang memiliki risiko kredit. credit risk. PD is estimated at a point in time that
PD diestimasikan pada point in time dimana hal means it will fluctuate in line with the economic
ini berfluktuasi sejalan dengan siklus ekonomi. cycle.
Halaman – 5/34 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 684
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL 2. MATERIAL ACCOUNTING POLICY INFORMATION
(lanjutan) (continued)
h. Penurunan nilai dari aset keuangan (lanjutan) h. Impairment of financial assets (continued)
b. Loss Given Default (“LGD”) b. Loss Given Default (“LGD”)
Kerugian yang diperkirakan akan timbul dari The loss that is expected to arise on default,
debitur yang mengalami gagal bayar dengan incorporating the impact of relevant forward
menggabungkan dampak dari asumsi ekonomi looking economic assumptions (if any), which
masa depan yang relevan (jika ada) dimana hal represents the difference between the
ini mewakili perbedaan antara arus kas contractual cash flows due and those that Bank
kontraktual yang akan jatuh tempo dengan arus CIMB Niaga and Subsidiaries expect to receive.
kas yang diharapkan untuk diterima oleh Bank Bank CIMB Niaga and Subsidiaries estimate
CIMB Niaga dan Entitas Anak. Bank CIMB LGD based on the historical recovery rates and
Niaga dan Entitas Anak mengestimasikan LGD considers the recovery of any collateral that is
berdasarkan data historis dari tingkat pemulihan integral to the financial assets, taking into
dan memperhitungkan pemulihan yang berasal account forward looking economic assumptions if
dari jaminan terhadap aset keuangan dengan relevant.
mempertimbangkan asumsi ekonomi di masa
depan jika relevan.
c. Exposure at Default (“EAD”) c. Exposure at Default (“EAD”)
Perkiraan nilai eksposur neraca pada saat gagal The expected balance sheet exposure at the time
bayar dengan mempertimbangkan perubahan of default, taking into account that expected
ekspektasi yang diharapkan selama masa change in exposure over the lifetime of the
eksposur. Hal ini menggabungkan dampak exposure. This incorporates the impact of
penarikan fasilitas yang committed, drawdowns of committed facilities, repayments of
pembayaran pokok dan bunga, amortisasi dan principal and interest, amortization and
pembayaran dipercepat, bersama dengan prepayments, together with the impact of
dampak asumsi ekonomi masa depan jika forward-looking economic assumptions where
relevan. relevant.
Pada transaksi konvensionalnya, Bank CIMB Niaga In the conventional transaction, Bank CIMB Niaga and
dan Entitas Anak menggunakan pendekatan 3 tahap Subsidiaries use 3 stage approach to measure
dalam mengukur penurunan nilai dari kelompok aset impairment for financial assets recorded at amortised
keuangan yang dicatat berdasarkan biaya perolehan cost as follows:
diamortisasi yaitu:
a. Kerugian kredit ekspektasian 12 bulan a. 12 months expected credit losses (stage 1)
(tahap 1)
Kerugian kredit ekspektasian diakui pada saat Expected credit losses are recognised at the time
pengakuan awal instrumen keuangan dan of initial recognition of a financial instrument and
merepresentasikan kekurangan kas sepanjang represent the lifetime cash short falls arising from
umur aset yang timbul dari kemungkinan gagal possible default events up to twelve months into
bayar di masa yang akan datang dalam kurun the future from the reporting date. Expected
waktu dua belas bulan sejak tanggal pelaporan. credit losses continue to be determined on this
Kerugian kredit ekspektasian terus ditentukan basis until there is either a significant increase in
oleh dasar ini sampai timbul peningkatan risiko the credit risk of an instrument or the instrument
kredit yang signifikan pada instrumen tersebut becomes credit impaired. If an instrument is no
atau instrumen tersebut telah mengalami longer considered to exhibit a significant increase
penurunan nilai kredit. Jika suatu instrumen in credit risk, expected credit losses will revert to
tidak lagi dianggap menunjukkan peningkatan being recalculated on a twelve month basis.
risiko kredit yang signifikan, maka kerugian
kredit ekspektasian dihitung kembali
berdasarkan basis dua belas bulan.
Halaman – 5/35 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 685
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL 2. MATERIAL ACCOUNTING POLICY INFORMATION
(lanjutan) (continued)
h. Penurunan nilai dari aset keuangan (lanjutan) h. Impairment of financial assets (continued)
Pada transaksi konvensionalnya, Bank CIMB Niaga In the conventional transaction, Bank CIMB Niaga and
dan Entitas Anak menggunakan pendekatan 3 tahap Subsidiaries use 3 stage approach to measure
dalam mengukur penurunan nilai dari kelompok aset impairment for financial assets recorded at amortised
keuangan yang dicatat berdasarkan biaya perolehan cost as follows: (continued)
diamortisasi yaitu: (lanjutan)
b. Peningkatan risiko kredit yang signifikan b. Significant increase in credit risk (stage 2)
(tahap 2)
Jika aset keuangan mengalami peningkatan If a financial asset experiences a significant
risiko kredit yang signifikan (“SICR”) sejak increase in credit risk (“SICR”) since initial
pengakuan awal, kerugian kredit ekspektasian recognition, an expected credit loss provision is
diakui atas kejadian gagal bayar yang mungkin recognised for default events that may occur over
terjadi sepanjang umur aset. Peningkatan the lifetime of the asset. Significant increase in
signifikan dalam risiko kredit dinilai dengan credit risk is assessed by comparing the risk of
membandingkan risiko gagal bayar atas default of an exposure at the reporting date to the
eksposur pada tanggal pelaporan dengan risiko risk of default at origination (after taking into
gagal bayar saat pengakuan awal (setelah account the passage of time).
memperhitungkan perjalanan waktu dari akun
tersebut).
Signifikan tidak berarti signifikan secara statistik, Significant does not mean statistically significant
juga tidak dinilai dalam konteks perubahan nor is it assessed in the context of changes in
dalam cadangan kerugian kredit ekspektasian. expected credit loss. Whether a change in the
Perubahan atas risiko gagal bayar dinilai risk of default is significant or not is assessed
signifikan atau tidak, dinilai menggunakan using a number of quantitative and qualitative
sejumlah faktor kuantitatif dan kualitatif, yang factors, the weight of which depends on the type
bobotnya bergantung pada tipe produk dan of product and counterparty. Financial assets
pihak lawan. Aset keuangan dengan tunggakan that are 30 or more days past due and not credit
30 hari atau lebih dan tidak mengalami impaired will always be considered to have
penurunan nilai akan selalu dianggap telah experienced a significant increase in credit risk.
mengalami peningkatan risiko kredit yang
signifikan.
c. Eksposur yang mengalami penurunan nilai c. Credit impaired or defaulted exposures (stage 3)
kredit atau gagal bayar (tahap 3)
Aset keuangan yang mengalami penurunan nilai Financial assets that are credit impaired (or in
(atau gagal bayar) merupakan aset yang default) represent those that are at least 90 days
setidaknya telah memiliki tunggakan lebih dari past due in respect of principal and/or interest or
90 hari atas pokok dan/atau bunga atau memiliki has certain credit grades. Financial assets are
peringkat kredit tertentu. Aset keuangan juga also considered to be credit impaired where the
dianggap mengalami penurunan nilai kredit debtors are unlikely to pay on the occurrence of
dimana debitur kemungkinan besar tidak akan one or more observable events that have a
membayar dengan terjadinya satu atau lebih detrimental impact on the estimated future cash
kejadian yang teramati yang memiliki dampak flows of the financial asset.
menurunkan jumlah estimasi arus kas masa
depan dari aset keuangan tersebut.
Halaman – 5/36 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 686
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL 2. MATERIAL ACCOUNTING POLICY INFORMATION
(lanjutan) (continued)
h. Penurunan nilai dari aset keuangan (lanjutan) h. Impairment of financial assets (continued)
Pada transaksi konvensionalnya, Bank CIMB Niaga In the conventional transaction, Bank CIMB Niaga and
dan Entitas Anak menggunakan pendekatan 3 tahap Subsidiaries use 3 stage approach to measure
dalam mengukur penurunan nilai dari kelompok aset impairment for financial assets recorded at amortised
keuangan yang dicatat berdasarkan biaya perolehan cost as follows: (continued)
diamortisasi yaitu: (lanjutan)
c. Eksposur yang mengalami penurunan nilai kredit c. Credit impaired or defaulted exposures (stage 3)
atau gagal bayar (tahap 3) (lanjutan) (continued)
Cadangan kerugian penurunan nilai terhadap Loss provisions against credit impaired financial
aset keuangan yang mengalami penurunan nilai assets are determined based on an assessment
ditentukan berdasarkan penilaian terhadap arus of the recoverable cash flows under a range of
kas yang dapat dipulihkan berdasarkan sejumlah scenarios, including the realisation of any
skenario, termasuk realisasi jaminan yang collateral held where appropriate. The ECL will
dimiliki jika memungkinkan. KKE akan reflect weighted average of the scenarios based
mencerminkan rata-rata tertimbang dari skenario on the probability of the relevant scenario to
berdasarkan probabilitas dari skenario yang occur. The loss provisions held represent the
relevan untuk terjadi. Cadangan kerugian difference between the present value of the cash
penurunan nilai merupakan selisih antara nilai flows expected to be recovered, discounted at
sekarang dari arus kas yang diperkirakan akan the instrument’s original effective interest rate,
dipulihkan, didiskontokan pada suku bunga and the gross carrying value of the instrument
efektif awal, dan nilai tercatat bruto instrumen prior to any credit impairment.
sebelum penurunan nilai kredit.
Periode yang diperhitungkan ketika mengukur The period considered when measuring
kerugian kredit ekspektasian adalah periode expected credit loss is the shorter of the expected
yang lebih pendek antara umur ekspektasian life and the contractual term of the financial asset.
dan periode kontrak aset keuangan. Umur The expected life may be impacted by
ekspektasian dapat dipengaruhi oleh prepayments and the maximum contractual term
pembayaran dimuka dan periode kontrak by extension options. For certain revolving
maksimum melalui opsi perpanjangan kontrak. portfolios, including credit cards, the expected life
Untuk portofolio revolving tertentu, termasuk is assessed over the period that the Bank is
kartu kredit, umur ekspektasian dinilai sepanjang exposed to credit risk (which is based on the
periode dimana Bank terekspos dengan risiko length of time it takes for credit facilities to be
kredit (berdasarkan durasi waktu yang withdrawn) rather than the contractual term.
dibutuhkan untuk fasilitas kredit ditarik), bukan
sepanjang periode kontrak.
Sesuai dengan siaran pers dari Ikatan Akuntan In accordance to press conference of Indonesian
Indonesia (“IAI”) pada tanggal 10 Januari 2018 dan Institute of Accountants on 10 January 2018 and
Interpretasi Standar Akuntansi Keuangan (“ISAK”) Interpretation of Financial Accounting Standards
102, khusus untuk transaksi berbasis syariah (“ISFAS”) 102, particularly for sharia-based
pengukuran penurunan nilai dari kelompok aset transaction impairment losses from group of financial
keuangan masih belum mengadopsi PSAK 109. assets still has not adopted SFAS 109.
Halaman – 5/37 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 687
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL 2. MATERIAL ACCOUNTING POLICY INFORMATION
(lanjutan) (continued)
h. Penurunan nilai dari aset keuangan (lanjutan) h. Impairment of financial assets (continued)
Jika pada periode berikutnya, jumlah kerugian If in a subsequent period, the amount of the impairment
penurunan nilai berkurang dan pengurangan tersebut loss decreases and the decrease can be related
dapat dikaitkan secara objektif pada peristiwa yang objectively to an event occurring after the impairment
terjadi setelah penurunan nilai diakui (misalnya was recognised (such as an improvement in the
perbaikan pada rating kredit debitur), maka kerugian debtor’s credit rating), the previously recognised
penurunan nilai yang sebelumnya diakui harus impairment is reversed directly, or by adjusting the
dipulihkan, baik secara langsung, atau dengan allowance account. The amount of the impairment
menyesuaikan pos cadangan. Jumlah pemulihan reversal is recognised as profit or loss.
penurunan nilai diakui sebagai laba rugi.
Ketika kredit yang diberikan tidak tertagih, kredit When a loan is uncollectible, it is written off by reverse
tersebut dihapus buku dengan menjurnal balik the related allowance for impairment losses. Such
cadangan kerugian penurunan nilai. Kredit yang loans are written off after all the necessary procedures
diberikan tersebut dapat dihapus buku setelah semua have been completed and the amount of the loss has
prosedur yang diperlukan telah dilakukan dan jumlah been determined.
kerugian telah ditentukan.
Macroeconomic Variables (“MEV”) Macroeconomic Variables (“MEV”)
Sesuai dengan PSAK 109, perhitungan kerugian In accordance with SFAS 109, the calculation of
kredit ekspektasian wajib memperhitungkan pengaruh expected credit losses must consider the effect of the
dari macroeconomic forecast sekarang pada saat current macroeconomic forecast when making the
pembuatan permodelan dalam menghitung kerugian model in calculating the expected credit losses. Bank
kredit ekspektasian. Bank CIMB Niaga dan Entitas CIMB Niaga and Subsidiaries had considered several
Anak telah memperhitungkan beberapa MEV yang MEV relevant to this modelling and have updated the
relevan dengan permodelan tersebut dan melakukan MEV forecast at least once a year. The relevance of the
pengkinian MEV forecast paling sedikit satu tahun MEV is measured using statistical regression analysis
sekali. Relevansi MEV tersebut diukur dengan and reviewed periodically by involving several experts
menggunakan analisis regresi statistik dan direviu such as economic teams, directorate risk and
secara berkala dengan melibatkan beberapa tenaga consultants in its development to provide an overview
ahli seperti tim ekonomi, direktorat risk dan konsultan of the best forecast of the current economy as well as
dalam pengembangannya untuk memberikan predictions for the economics’ going concern.
gambaran perkiraan terbaik terhadap perekonomian
saat ini serta prediksi untuk perekonomian ke depan.
Seperti halnya perkiraan ekonomi lainnya, proyeksi dan As with any economic forecasts, the projections and
kemungkinan terjadi bergantung pada ketidakpastian likelihoods of occurrence are subject to inherent
yang melekat dan oleh karena itu hasil aktual mungkin uncertainty and therefore the actual outcomes may be
berbeda dengan yang diproyeksikan. Bank CIMB Niaga different to those projected. Bank CIMB Niaga and
dan Entitas Anak menganggap perkiraan ini untuk Subsidiaries consider these forecasts to represent its
mewakili perkiraan terbaik atas hasil yang paling best estimate of the possible outcomes and has
memungkinkan dan telah menganalisis nonlinearitas analysed the non-linearities and asymmetries within
dan asimetri dalam portofolio Bank CIMB Niaga dan Bank CIMB Niaga and Subsidiaries’ different portfolios to
Entitas Anak yang berbeda untuk menetapkan bahwa establish that the chosen scenarios are appropriately
skenario yang dipilih mewakili secara tepat dari berbagai representative of the range of possible scenarios.
skenario yang memungkinkan.
\
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DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL 2. MATERIAL ACCOUNTING POLICY INFORMATION
(lanjutan) (continued)
h. Penurunan nilai dari aset keuangan (lanjutan) h. Impairment of financial assets (continued)
Bank CIMB Niaga dan Entitas Anak juga telah Bank CIMB Niaga and Subsidiaries have also made loan
melakukan restrukturisasi kredit untuk mendukung restructuring to support personal and business customers
nasabah perseorangan dan bisnis melalui masa-masa through these challenging times, including payment
sulit ini, termasuk penundaan pembayaran, penurunan holidays, decrease in interest rate, and liquidity relief for
tingkat suku bunga, dan bantuan likuiditas bisnis untuk businesses facing market uncertainty.
menghadapi ketidakpastian pasar.
Dalam menilai kondisi masa depan, Bank CIMB Niaga In assessing future conditions, Bank CIMB Niaga and
dan Entitas Anak telah mempertimbangkan berbagai Subsidiaries have considered various relevant
informasi relevan yang tersedia, termasuk information available, including introduced more criteria
memperkenalkan lebih banyak kebijakan kriteria untuk policy for staging, rigorous monitoring in assessing the
pendekatan tahapan, pemantauan yang ketat dalam customers requiring stimulus on individual account basis
menilai pelanggan yang membutuhkan stimulus and downgraded accordingly when necessary as the
berdasarkan akun perorangan dan akan diturunkan additional effort to address the concern of need for
apabila diperlukan sebagai upaya tambahan untuk pandemic including further assessment during the
mengatasi kekhawatiran terhadap pandemi, termasuk watchlist process through more stratification on the risk
penilaian lebih lanjut dalam hal proses watchlist melalui level.
stratifikasi yang lebih ditekankan pada tingkat risiko.
Bank CIMB Niaga dan Entitas Anak menyesuaikan Bank CIMB Niaga and Subsidiaries also adjust
skenario makro ekonomi pada metodologi perhitungan macro-economic scenario for expected credit loss
kerugian kredit ekspektasian. Bank CIMB Niaga dan calculation methodology. Bank CIMB Niaga and
Entitas Anak terus mengikuti metodologi ini dalam Subsidiaries continue to follow this methodology in
menghasilkan rata-rata tertimbang pada kerugian kredit generating consensus probability-weighted expected
ekspektasian secara konsensus, dengan skenario credit loss, with additional scenarios and management’s
tambahan dan penyesuaian manajemen yang adjustments supplementing this expected credit loss
melengkapi kerugian kredit ekspektasian yang menurut where, in Bank CIMB Niaga and Subsidiaries’ opinion,
Bank CIMB Niaga dan Entitas Anak, perkiraan the consensus forecast does not fully capture the extent
konsensus tidak sepenuhnya menangkap tingkat kredit of recent credit or economic events.
atau peristiwa ekonomi baru-baru ini.
i. Kas i. Cash
Kas meliputi kas kecil, kas besar, kas di dalam Cash includes petty cash, cash, cash in Automatic
Anjungan Tunai Mandiri (“ATM”)/Cash Deposit Teller Machines (“ATMs”)/Cash Deposit Machine
Machine (“CDM”), dan bank notes. (“CDMs”), and bank notes.
j. Giro pada bank lain dan Bank Indonesia j. Current accounts with other banks and Bank
Indonesia
Giro pada bank lain dan Bank Indonesia (“BI”) Current account with other banks and Bank Indonesia
diklasifikasikan sebagai biaya perolehan yang (“BI”) are classified as amortised cost. Refer to Note 2f
diamortisasi. Lihat Catatan 2f untuk kebijakan for the accounting policy of amortised cost.
akuntansi atas biaya perolehan yang diamortisasi.
Giro pada bank lain dan Bank Indonesia dinyatakan Current accounts with other banks and Bank
sebesar saldo giro dikurangi dengan cadangan Indonesia are stated at the outstanding balance less
kerugian penurunan nilai. allowance for impairment losses.
Halaman – 5/39 – Page
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DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL 2. MATERIAL ACCOUNTING POLICY INFORMATION
(lanjutan) (continued)
j. Giro pada bank lain dan Bank Indonesia (lanjutan) j. Current accounts with other banks and Bank
Indonesia (continued)
Giro Wajib Minimum (dahulu disebut Giro Wajib Minimum Statutory Reserve (previously Primary
Minimum Primer) adalah simpanan minimum yang Minimum Statutory Reserve) is minimum deposit that
wajib dipelihara oleh Bank dalam bentuk saldo should be maintained by Bank in current account with
rekening giro pada BI yang besarnya ditetapkan oleh BI in certain percentage of third party fund which is
BI sebesar persentase tertentu dari dana pihak ketiga. determined by BI.
Penyangga Likuiditas Makroprudensial (dahulu Macroprudential Liquidity Buffer (previously
disebut Giro Wajib Minimum Sekunder) adalah Secondary Minimum Statutory Reserve) is minimum
cadangan minimum yang wajib dipelihara oleh Bank reserve that should be maintained by Bank in form of
dalam bentuk Sertifikat Bank Indonesia (“SBI”), Certificate of Bank Indonesia (“SBI”), Bank Indonesia
Sekuritas Rupiah Bank Indonesia (“SRBI”), Sertifikat Rupiah Securities (“SRBI”), Bank Indonesia Deposit
Deposito Bank Indonesia (“SDBI”), Surat Utang Certificate (“SDBI”), Government Debenture Debt
Negara (“SUN”) dan/atau Surat Berharga Negara (“SUN”) and/or Government Commercial Notes
(“SBN”), yang besarnya ditetapkan BI sebesar (“SBN”), in certain percentage determined by BI.
persentase tertentu.
k. Penempatan pada bank lain dan Bank Indonesia k. Placements with other banks and Bank Indonesia
Penempatan pada bank lain dan Bank Indonesia Placements with other banks and Bank Indonesia are
diklasifikasikan sebagai biaya perolehan diamortisasi. classified as amortised cost. Refer to Note 2f for the
Lihat Catatan 2f untuk kebijakan akuntansi atas biaya accounting policy of amortised cost.
perolehan diamortisasi.
l. Efek-efek dan Obligasi Pemerintah l. Marketable securities and Government Bonds
Efek-efek yang dimiliki terdiri dari SRBI, obligasi Marketable securities consist of SRBI, corporate
korporasi, wesel jangka menengah, tagihan wesel bonds, medium term notes, export bills receivable,
ekspor, reksa dana dan efek-efek pasar uang dan mutual fund, and other money market and capital
pasar modal lainnya. market securities.
Efek-efek dan Obligasi Pemerintah diklasifikasikan Marketable securities and Government Bonds are
sebagai aset keuangan yang diukur pada nilai wajar classified as financial assets at fair value through profit
melalui laba rugi, penghasilan komprehensif lain, dan or loss, other comprehensive income, and amortised
biaya perolehan diamortisasi. Lihat Catatan 2f untuk cost. Refer to Note 2f for the accounting policy of
kebijakan akuntansi atas aset keuangan dalam financial assets measured at fair value through profit
kelompok diukur pada nilai wajar melalui laba rugi, or loss, other comprehensive income, and amortised
penghasilan komprehensif lain, dan biaya perolehan cost. Investments in mutual funds units are stated at
diamortisasi. Investasi dalam unit reksa dana market value, in accordance with the net assets value
dinyatakan sebesar nilai pasar sesuai nilai aset bersih of mutual funds at the date of the consolidated
dari reksa dana pada tanggal laporan posisi statements of financial position.
keuangan konsolidasian.
Efek-efek dan Obligasi Pemerintah yang memiliki Marketable securities and Government Bonds which
jatuh tempo kurang dari satu tahun diklasifikasikan have maturity less than one year are classified as
sebagai investasi likuid pada laporan arus kas. liquid investment on statement of cash flows.
Halaman – 5/40 – Page
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DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL 2. MATERIAL ACCOUNTING POLICY INFORMATION
(lanjutan) (continued)
m. Efek-efek yang dibeli dengan janji dijual kembali m. Securities purchased under resale agreements
dan efek-efek yang dijual dengan janji dibeli and securities sold under repurchase agreements
kembali
Efek-efek yang dibeli dengan janji dijual kembali Securities purchased under resale agreements
(reverse repo) diklasifikasikan sebagai aset keuangan (reverse repo) are classified as financial assets at fair
yang diukur pada nilai wajar melalui laba rugi dan value through profit or loss and amortised cost. Refer
biaya perolehan diamortisasi. Lihat Catatan 2f untuk to Note 2f for the accounting policy for financial assets
kebijakan akuntansi atas aset keuangan yang classified as financial assets at fair value through profit
diklasifikasikan sebagai aset keuangan yang diukur or loss and amortised cost.
pada nilai wajar melalui laba rugi dan biaya perolehan
diamortisasi.
Efek-efek yang dijual dengan janji untuk dibeli kembali Securities sold under repurchase agreements (repo)
(repo) disajikan sebagai liabilitas dalam laporan posisi are presented as liabilities in the consolidated
keuangan konsolidasian sebesar harga beli kembali statements of financial position at the agreed
yang disepakati dikurangi selisih antara harga jual dan repurchase price net of the difference between the
harga beli kembali yang disepakati (beban bunga selling price and the agreed repurchase price (prepaid
dibayar dimuka). Selisih antara harga jual dan harga interest expense). The difference between the selling
beli kembali yang disepakati tersebut diamortisasi price and the agreed repurchase price is amortised as
sebagai beban bunga selama jangka waktu sejak interest expense over the period commencing from the
efek-efek dijual hingga dibeli kembali. selling date to the repurchase date.
Efek-efek yang dijual dengan janji untuk dibeli kembali Securities sold under repurchase agreements are
diklasifikasikan sebagai liabilitas keuangan yang classified as financial liabilities at amortised cost.
diukur dengan biaya perolehan diamortisasi. Lihat Refer to Note 2f for the accounting policy for financial
Catatan 2f untuk kebijakan akuntansi atas liabilitas liabilities at amortised cost.
keuangan yang diukur dengan biaya perolehan
diamortisasi.
n. Instrumen keuangan derivatif dan lindung nilai n. Derivative financial instruments and hedging
Akuntansi instrumen keuangan derivatif Accounting for derivative financial instruments
Dalam melakukan usaha bisnisnya, Bank CIMB Niaga In the normal course of business, Bank CIMB Niaga
melakukan transaksi instrumen keuangan derivatif enters into transactions involving derivative financial
seperti kontrak tunai dan berjangka mata uang asing, instruments such as foreign currency spot and forward
foreign currency swaps, kontrak opsi mata uang contracts, foreign currency swaps, foreign currency
asing, dan swap tingkat suku bunga. Instrumen options contracts, and interest rate swaps. Derivative
keuangan derivatif dinilai dan dibukukan di laporan financial instruments are valued and recorded on
posisi keuangan konsolidasian pada nilai wajar consolidated statements of financial position at their
dengan menggunakan harga pasar. Derivatif dicatat fair value using market rates. Derivatives are carried
sebagai aset apabila memiliki nilai wajar positif dan as assets when the fair value is positive and as
sebagai liabilitas apabila memiliki nilai wajar negatif. liabilities when the fair value is negative.
Keuntungan atau kerugian yang terjadi dari Gains or losses as a result of fair value changes are
perubahan nilai wajar diakui sebagai laba rugi. recognised as current year profit or loss.
Halaman – 5/41 – Page
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DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL 2. MATERIAL ACCOUNTING POLICY INFORMATION
(lanjutan) (continued)
n. Instrumen keuangan derivatif dan lindung nilai n. Derivative financial instruments and hedging
(lanjutan) (continued)
Akuntansi untuk aktivitas lindung nilai Accounting for hedging activities
Instrumen keuangan derivatif pada awalnya diakui di Derivative financial instruments are initially
laporan posisi keuangan konsolidasian berdasarkan recognised in the consolidated statements of financial
nilai wajar pada tanggal kontrak derivatif disepakati position at fair value on the date a derivative contract
dan selanjutnya dinilai kembali berdasarkan nilai is entered into and subsequently are remeasured at
wajarnya. Metode untuk mengakui keuntungan atau their fair values. The method of recognising the
kerugian yang terjadi tergantung pada sifat dari objek resulting gain or loss is dependent on the nature of
yang dilindungi nilainya. Bank CIMB Niaga the item being hedged. Bank CIMB Niaga designates
mengelompokkan derivatif sebagai instrumen lindung certain derivatives as a hedge of the fair value of a
nilai terhadap nilai wajar suatu aset atau liabilitas yang recognised asset or liability or of an unrecognised firm
diakui atau terhadap komitmen teguh yang belum commitment (fair value hedge).
diakui (lindung nilai atas nilai wajar).
Walaupun merupakan sarana lindung nilai ekonomis Certain derivative transactions, whilst providing
yang efektif berdasarkan kebijakan manajemen risiko effective economic hedges under Bank CIMB Niaga’s
Bank CIMB Niaga, beberapa transaksi derivatif risk management policy, do not qualify for hedge
tertentu tidak memenuhi persyaratan sebagai accounting under the specific rules in SFAS 109.
akuntansi lindung nilai berdasarkan ketentuan
PSAK 109.
Pada awal terjadinya transaksi, Bank CIMB Niaga At the inception of transaction, Bank CIMB Niaga
mendokumentasikan hubungan antara instrumen documents the relationship between hedging
lindung nilai dan unsur yang dilindungi nilainya, juga instruments and hedged items, as well as its risk
tujuan manajemen risiko dan strategi yang diterapkan management objective and strategy for undertaking
dalam melakukan berbagai macam transaksi lindung various hedge transactions. This process includes
nilai. Proses dokumentasi ini menghubungkan linking all derivatives designated as hedges to specific
derivatif yang ditujukan sebagai lindung nilai dengan assets and liabilities or specific firm commitments or
aset dan liabilitas tertentu atau dengan komitmen atau forecast transactions. If the hedge ratio for risk
transaksi tertentu yang diperkirakan. Jika rasio management purposes is no longer optimal but the
lindung nilai untuk tujuan manajemen risiko tidak lagi risk management objective remains unchanged and
optimal tetapi tujuan manajemen risiko tetap tidak the hedge continues to qualify for hedge accounting,
berubah dan lindung nilai terus memenuhi syarat the hedge relationship will be rebalanced by adjusting
untuk akuntansi lindung nilai, hubungan lindung nilai either the volume of the hedging instrument or the
akan diseimbangkan dengan menyesuaikan volume volume of the hedged item so that the hedge ratio
instrumen lindung nilai atau volume item yang aligns with the ratio used for risk management
dilindungi nilai sehingga rasio lindung nilai sejalan purposes. Any hedge ineffectiveness is calculated
dengan rasio yang digunakan untuk tujuan and accounted for in profit or loss at the time of the
manajemen risiko. Ketidakefektifan lindung nilai hedge relationship rebalancing.
dihitung dan dicatat dalam laba rugi pada saat
penyeimbangan kembali hubungan lindung nilai.
Nilai wajar berbagai instrumen derivatif yang The fair values of various derivative instruments used
digunakan untuk tujuan lindung nilai diungkapkan for hedging purposes are disclosed in Note 11.
dalam Catatan 11.
Halaman – 5/42 – Page
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DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL 2. MATERIAL ACCOUNTING POLICY INFORMATION
(lanjutan) (continued)
o. Kredit yang diberikan o. Loans
Setelah pengakuan awal, kredit yang diberikan diukur Subsequent to initial recognition, loans are measured
pada biaya perolehan diamortisasi (Catatan 2f). Untuk at amortised cost (Note 2f). For loan which classified
kredit yang diberikan dengan biaya perolehan as amortised cost, it is subsequently measured by
diamortisasi, setelah pengakuan awal diukur using the effective interest method.
menggunakan suku bunga efektif.
Termasuk dalam kredit yang diberikan adalah Included in loans is the sharia financing which is
pembiayaan syariah yang terdiri dari piutang consist of murabahah receivables, qardh receivables,
murabahah, piutang qardh, pembiayaan musyarakah, musyarakah financing, mudharabah financing, and
pembiayaan mudharabah, dan ijarah. Murabahah ijarah. Murabahah is the agreement for sale and
adalah akad jual beli barang dengan harga jual purchase of goods with sales price equivalent to cost
sebesar biaya perolehan ditambah keuntungan plus agreed margin, where the seller should inform
(marjin) yang disepakati dan penjual harus the purchase cost to buyer. Qardh is the
mengungkapkan biaya perolehan barang tersebut loan/borrowing funds without profit wherein the
kepada pembeli. Qardh adalah akad pinjam borrower return the principal of the loan at lump sum
meminjam dana tanpa imbalan dengan liabilitas pihak or on installment over certain period. Musyarakah is
peminjam mengembalikan pokok pinjaman secara the agreement between investors (musyarakah
sekaligus atau cicilan dalam jangka waktu tertentu. partners) for a joint-venture in a partnership, based
Musyarakah adalah akad kerjasama antara dua pihak on the agreed nisbah sharing portion, while losses
atau lebih untuk suatu usaha tertentu, dimana will be proportionately distributed based on the capital
masing-masing pihak memberikan kontribusi dana contribution. These funds including cash or non-cash
dengan ketentuan bahwa keuntungan dibagi assets which are allowed by sharia principle.
berdasarkan kesepakatan sedangkan kerugian Descendant of musyarakah financing (musyarakah
berdasarkan porsi kontribusi dana. Dana tersebut mutanaqisha) is musyarakah with condition that the
meliputi kas atau aset nonkas yang diperkenankan portion of fund of one of the musyarakah partners will
oleh syariah. Pembiayaan musyarakah menurun be transferred in several stages to the other partner,
(musyarakah mutanaqisha) adalah musyarakah resulting in the declining of fund portion of one of the
dengan ketentuan bagian dana salah satu mitra akan musyarakah partners, and at the end of contract, the
dialihkan secara bertahap kepada mitra lainnya other partner will become the sole owner of the
sehingga bagian dananya akan menurun dan pada partnership. Mudharabah is an agreement between
akhir masa akad mitra lain tersebut akan menjadi Bank CIMB Niaga as an owner of funds (shahibul
pemilik penuh usaha tersebut. Mudharabah adalah maal) and customer as a fund manager (mudharib) to
akad kerjasama usaha antara Bank CIMB Niaga run a business with pre-defined terms of gain or loss
sebagai pemilik dana (shahibul maal) dan nasabah (nisbah). Ijarah is a lease agreement between lessor
selaku pengelola dana (mudharib), menjalankan and lessee to get margin from leased object.
usaha dengan penentuan awal keuntungan atau
kerugian (nisbah). Ijarah adalah akad sewa-menyewa
antara pemilik (objek sewa) dan penyewa untuk
mendapatkan imbalan atas objek sewa yang
disewakannya.
Piutang syariah dengan akad Murabahah disajikan Sharia receivables with Murabahah agreement is
sebesar jumlah pembiayaan dikurangi cadangan stated at their outstanding balance less allowance for
kerugian penurunan nilai sesuai dengn PSAK 402 impairment losses as required by SFAS 402
tentang Akuntansi Murabahah. regarding Accounting for Murabahah.
Halaman – 5/43 – Page
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DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL 2. MATERIAL ACCOUNTING POLICY INFORMATION
(lanjutan) (continued)
o. Kredit yang diberikan (lanjutan) o. Loans (continued)
Bank membentuk cadangan kerugian penurunan nilai The Bank provides the allowance for impairment
dengan jumlah minimum untuk pembiayaan syariah losses with a minimum amount for Sharia financing
yang terdiri dari piutang qardh, pembiayaan which is consist of qardh receivables, musyarakah
musyarakah, pembiayaan mudharabah dan ijarah financing, mudharabah financing and ijarah based on
berdasarkan Peraturan Otoritas Jasa Keuangan the Regulation of the Financial Services Authority
(“POJK”) No. 02/POJK.03/2022 tanggal 31 Januari (“POJK”) No. 02/POJK.03/2022 dated 31 January
2022 tentang “Penilaian Kualitas Aset Bank Umum 2022 regarding “Asset Quality Ratings for Sharia
Syariah dan Unit Usaha Syariah” yang berlaku efektif Bank and Sharia Business Unit” which was effective
tanggal 7 Februari 2022 yang menggantikan POJK as at 7 February 2022 which replaces POJK
No. 19/POJK.03/2018 tentang Perubahan atas No. 19/POJK.03/2018 concerning Amendments to
Peraturan Otoritas Jasa Keuangan Financial Services Authority Regulation
No. 16/POJK.03/2014 tentang Penilaian Kualitas Aset No. 16/POJK.03/2014 concerning Asset Quality
Bank Umum Syariah dan Unit Usaha Syariah. Assessment of Sharia Commercial Banks and Sharia
Business Units.
Cadangan kerugian minimum yang harus dibentuk The minimum allowance to be provided in accordance
sesuai dengan POJK adalah sebagai berikut: with POJK is as follows:
1) Cadangan umum, ditetapkan paling rendah 1) General reserve, shall be no less than 1% of total
sebesar 1% dari aset produktif yang digolongkan earning assets classified as current, excluding
lancar diluar giro dan penempatan pada Bank current accounts and placements with Bank
Indonesia, surat berharga yang diterbitkan Indonesia, securities issued by the government
pemerintah berdasarkan prinsip syariah dan aset based on sharia principles and part of earning
produktif yang dijamin dengan agunan tunai. assets guaranteed cash collateral.
2) Cadangan khusus, sekurang-kurangnya sebesar: 2) Special reserves, shall be at least:
a. 5% dari aset produktif yang digolongkan Dalam a. 5% of earning assets classified as Special
Perhatian Khusus setelah dikurangi nilai Mention after deducting the collateral value;
agunan;
b. 15% dari aset produktif yang digolongkan b. 15% of earning assets classified as
Kurang Lancar setelah dikurangi nilai agunan; Substandard after deducting the collateral
value;
c. 50% dari aset produktif yang digolongkan c. 50% of earning assets classified as Doubtful
Diragukan setelah dikurangi nilai agunan; dan after deducting the collateral value; and
d. 100% dari aset produktif yang digolongkan d. 100% of earning assets classified as Loss
Macet setelah dikurangi nilai agunan. after deducting the collateral value.
Kriteria penilaian nilai agunan yang dapat dikurangkan The criteria for assessment of the value of collateral
dalam pembentukan cadangan kerugian penurunan that can be deducted in the calculation of allowance
nilai sesuai dengan POJK. for impairment losses are based on POJK.
Bank CIMB Niaga dan Entitas Anak menghitung Bank CIMB Niaga and Subsidiaries assets the
cadangan kerugian penurunan nilai atas allowance for impairment losses for sharia
piutang/pembiayaan syariah secara kolektif receivables/financing collectively using the risk
menggunakan pendekatan model parameter risiko parameter modelling approach that incorporates key
dengan menggunakan parameter utama yaitu PD dan parameters, including PD and LGD.
LGD.
Halaman – 5/44 – Page
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DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL 2. MATERIAL ACCOUNTING POLICY INFORMATION
(lanjutan) (continued)
o. Kredit yang diberikan (lanjutan) o. Loans (continued)
Dalam hal restrukturisasi kredit bermasalah dilakukan In troubled debt restructuring which only involves
hanya dengan modifikasi persyaratan kredit, Bank modification of the credit terms, Bank CIMB Niaga and
CIMB Niaga dan Entitas Anak mencatat dampak Subsidiaries account for the restructuring’s effect
restrukturisasi tersebut secara prospektif dan tidak prospectively and does not change the carrying
mengubah nilai tercatat kredit yang diberikan pada amount of the loans at the time of restructuring, unless
tanggal restrukturisasi, kecuali jika jumlahnya melebihi the amount exceeds the present value of the total
nilai kini penerimaan kas masa depan yang ditentukan future cash receipts specified in the new terms. If the
dalam persyaratan baru. Jika nilai kini penerimaan kas present value of the total future cash receipts specified
masa depan sebagaimana yang ditentukan dalam in the new terms is lower than the carrying amount of
persyaratan baru dari kredit yang direstrukturisasi the loans prior to restructuring, Bank CIMB Niaga and
tersebut lebih rendah daripada nilai tercatat kredit Subsidiaries reduces the loans balance to the amount
yang diberikan sebelum direstrukturisasi, Bank CIMB equal to the present value of the total future cash
Niaga dan Entitas Anak harus mengurangkan saldo receipts. The amount of the reduction is charged in
kredit yang diberikan ke suatu jumlah yang sama current year’s profit or loss.
dengan jumlah nilai kini penerimaan kas masa depan.
Jumlah pengurangan tersebut dibebankan pada laba
rugi tahun berjalan.
p. Piutang pembiayaan konsumen p. Consumer financing receivables
Piutang pembiayaan konsumen Entitas Anak The Subsidiaries’ consumer financing receivables are
diklasifikasikan sebagai biaya perolehan diamortisasi. classified as amortised cost. Refer to Note 2f for the
Lihat Catatan 2f untuk kebijakan akuntansi atas biaya accounting policy of amortised cost.
perolehan diamortisasi.
Pada saat pengakuan awal, piutang pembiayaan Consumer financing receivables are initially measured
konsumen diukur pada nilai wajar atau nilai wajar at fair value or fair value plus/minus transaction costs
ditambah/dikurangi biaya dan pendapatan transaksi. and income. At initial recognition, the fair value of
Pada saat pengakuan awal, nilai wajar pembiayaan consumer financing receivable represents the
konsumen merupakan jumlah piutang dikurangi receivable deducted by unearned income.
pendapatan yang ditangguhkan.
Selanjutnya, piutang pembiayaan konsumen diukur Subsequently, consumer financing receivables are
dengan biaya perolehan diamortisasi menggunakan measured at amortised cost using the effective interest
metode suku bunga efektif setelah dikurangi dengan rate method net of unearned income on consumer
pendapatan yang ditangguhkan dan cadangan financing and allowance impairment losses.
kerugian penurunan nilai.
Pendapatan pembiayaan konsumen Entitas Anak The Subsidiaries unearned consumer financing
yang belum diakui merupakan selisih antara jumlah income is the difference between total installments to
keseluruhan pembayaran angsuran yang akan be received from customers and total financing which
diterima dari konsumen dan jumlah pokok is recognised as earned income over the term of the
pembiayaan, yang diakui sebagai penghasilan contract based on a contract rate of return periodically
sepanjang jangka waktu kontrak berdasarkan suatu on the net investment commencing at the time the
tarif pengembalian menurut kontrak yang dihitung consumer financing is executed.
secara berkala atas nilai investasi bersih terhitung
sejak pembiayaan konsumen dilakukan.
Halaman – 5/45 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
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PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL 2. MATERIAL ACCOUNTING POLICY INFORMATION
(lanjutan) (continued)
p. Piutang pembiayaan konsumen (lanjutan) p. Consumer financing receivables (continued)
Penyelesaian kontrak sebelum masa pembiayaan Early termination is treated as a cancellation of an
konsumen berakhir diperlakukan sebagai pembatalan existing contract and the resulting gain or loss is
kontrak pembiayaan konsumen dan keuntungan atau charged as current year profit or loss.
kerugian yang timbul diakui sebagai laba rugi tahun
berjalan.
Dalam pembiayaan bersama, Entitas Anak berhak For joint financing agreements, the Subsidiaries have
menentukan tingkat bunga yang lebih tinggi kepada the right to set higher interest rate to the consumer
konsumen dibandingkan dengan tingkat bunga yang than stated in the joint financing agreement with the
ditetapkan dalam perjanjian pembiayaan bersama joint financing provider.
dengan penyedia fasilitas pembiayaan bersama.
Piutang pembiayaan bersama “without recourse” Joint financing receivables without recourse are
disajikan di laporan posisi keuangan konsolidasian presented on a net basis in the consolidated
secara bersih. Pendapatan pembiayaan konsumen statements of financial position. Consumer financing
dan beban bunga yang terkait dengan pembiayaan income and interest expenses related to joint
bersama “without recourse” disajikan secara bersih financing without recourse are presented on a net
sebagai laba rugi. basis as profit or loss.
Jaminan kendaraan yang dikuasai kembali oleh Net realisable value of repossessed vehicle obtained
Entitas Anak dinyatakan berdasarkan nilai terendah by the Subsidiaries are stated at the lower of related
antara nilai tercatat piutang pembiayaan konsumen consumer financing receivables’ carrying value or net
atau nilai realisasi bersih. Selisih antara nilai tercatat realisable value of the repossessed assets. The
dan nilai realisasi bersih dicatat sebagai cadangan difference between the carrying value and net
kerugian penurunan nilai dan dibebankan sebagai realisable value is recorded as allowance for
laba rugi. Dalam upaya penyelesaian piutang, impairment losses and is charged as profit or loss. In
konsumen memberi kuasa kepada Entitas Anak untuk case of default, the consumer gives the right to the
menjual kendaraan ataupun melakukan tindakan Subsidiaries to sell repossessed assets or take any
lainnya bila terjadi wanprestasi terhadap perjanjian other actions to settle the outstanding consumer
pembiayaan. Jika harga jual jaminan kendaraan lebih financing receivables. If the sale price of the
rendah dibandingkan dengan nilai saldo piutang repossessed vehicles is lower compared to the
pembiayaan, maka selisih tersebut dibebankan consumer financing receivable, then the difference is
sebagai laba rugi. Apabila harga jual jaminan charged as profit or loss. If the sale price of the
kendaraan lebih tinggi dibandingkan dengan nilai repossessed vehicles is higher compared to the
saldo piutang pembiayaan, ditambah dengan biaya- consumer financing receivable, plus collection and
biaya penarikan dan pemeliharaan jaminan maka main finance cost of reposed vehicles then the
selisih tersebut akan dikembalikan kepada konsumen. difference will be paid back to the consumers.
Halaman – 5/46 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
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PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL 2. MATERIAL ACCOUNTING POLICY INFORMATION
(lanjutan) (continued)
q. Tagihan dan liabilitas akseptasi q. Acceptance receivables and payables
Tagihan akseptasi diklasifikasikan sebagai biaya Acceptance receivables are classified as amortised
perolehan diamortisasi. Lihat Catatan 2f untuk cost. Refer to Note 2f for the accounting policy of
kebijakan akuntansi atas biaya perolehan amortised cost.
diamortisasi.
Liabilitas akseptasi diklasifikasikan sebagai liabilitas Acceptance payables are classified as financial
keuangan yang diukur dengan biaya perolehan liabilities at amortised cost. Refer to Note 2f for the
diamortisasi. Lihat Catatan 2f untuk kebijakan accounting policy for financial liabilities are measured
akuntansi atas liabilitas keuangan yang diukur dengan at amortised cost.
biaya perolehan diamortisasi.
r. Penyertaan r. Investments
Penyertaan merupakan penanaman dana dalam Investments represent share investments in non-
bentuk saham pada perusahaan nonpublik yang public companies engaged in the financial services
bergerak di bidang jasa keuangan untuk tujuan jangka industry held for the long term, which is recorded at
panjang, yang dicatat pada nilai estimasinya yaitu estimated value being its acquisition cost and
harga perolehan dengan mempertimbangkan consider the changes in fair value.
perubahan pada nilai wajar.
Bank CIMB Niaga menyajikan laporan keuangan Bank CIMB Niaga presents separate financial
tersendiri sebagai informasi tambahan (lihat Catatan statements as additional information (see Note 62).
62). Sehingga sesuai dengan ketentuan PSAK 227, Therefore, in accordance with SFAS 227, Bank CIMB
Bank CIMB Niaga mencatat investasi pada Entitas Niaga records investments in Subsidiaries using the
Anak dengan metode harga perolehan pada laporan cost method in those separate financial statements.
keuangan tersendiri tersebut.
s. Aset tetap dan penyusutan s. Fixed assets and depreciation
Tanah dan bangunan disajikan sebesar nilai wajar, Land and buildings are presented at fair value less
dikurangi akumulasi penyusutan untuk bangunan dan accumulated depreciation for buildings and
akumulasi rugi penurunan nilai (jika ada). Penilaian accumulated impairment loss (if any). Valuation of
terhadap tanah dan bangunan dilakukan oleh penilai land and buildings are performed by certified external
independen eksternal. Penilaian atas aset tersebut independent valuers. Valuations are performed with
dilakukan secara berkala setiap 3 tahun untuk sufficient regularity every 3 years to ensure that the
memastikan bahwa nilai wajar aset yang direvaluasi fair value of revalued asset does not differ materially
tidak berbeda secara material dengan nilai from its carrying amount. Any accumulated
tercatatnya. Akumulasi penyusutan pada tanggal depreciation at the date of revaluation is eliminated
revaluasi dieliminasi terhadap nilai tercatat bruto aset against the gross carrying amount of the asset, and
dan nilai netonya disajikan kembali sebesar nilai the net amount is restated to the revalued amount of
revaluasian aset tetap. the asset.
Selisih penilaian kembali aset tetap dikreditkan ke The difference resulting from the revaluation of such
akun “selisih penilaian kembali aset tetap” yang fixed assets is credited to the “reserve on revaluation
disajikan pada bagian ekuitas. of fixed assets” account presented in the equity
section.
Halaman – 5/47 – Page
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DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL 2. MATERIAL ACCOUNTING POLICY INFORMATION
(lanjutan) (continued)
s. Aset tetap dan penyusutan (lanjutan) s. Fixed assets and depreciation (continued)
Aset tetap, selain tanah dan bangunan, diakui sebesar Fixed assets besides land and buildings are
harga perolehan setelah dikurangi akumulasi recognised at cost less accumulated depreciation.
penyusutan.
Harga perolehan mencakup semua pengeluaran yang Historical cost includes expenditure that is directly
terkait secara langsung dengan perolehan aset tetap. attributable to the acquisition of fixed assets.
Tanah tidak disusutkan. Setiap perluasan hak atas Land is not depreciated. Any extensions made to the
tanah dianggap sebagai sesuatu yang dapat land rights are considered as directly attributable,
diatribusikan secara langsung, dianggap sebagai considered as part of the asset and is capitalised to
bagian dari aset dan dikapitalisasi ke tanah. the land.
Penyusutan aset tetap selain tanah dihitung dengan Depreciation on fixed assets other than land are
menggunakan metode garis lurus untuk calculated on the straight-line method to allocate their
mengalokasikan harga perolehan atau nilai setelah cost or revalued amount to their residual values over
penilaian kembali mencapai nilai sisa sepanjang their estimated useful lives as follows:
estimasi masa manfaatnya sebagai berikut:
Tahun/Years Tarif/Rates
Bangunan 20 5% Buildings
Renovasi bangunan milik sendiri 5 20% Renovation of owned buildings
Instalasi (listrik, penyejuk udara, Installations (electricity, air
telepon, telex) 5 20% conditioning, telephone, telex)
Perlengkapan dan perabot kantor 5 20% Office equipment and furniture
Kendaraan bermotor 8 13% Motor vehicle
Anjungan Tunai Mandiri (“ATM”) 10 10% Automatic Teller Machines (“ATMs”)
Apabila nilai tercatat aset lebih besar dari nilai yang When the carrying amount of an asset is greater than
dapat diperoleh kembali, nilai tercatat aset diturunkan its estimated recoverable amount, it is written down
menjadi sebesar nilai yang dapat diperoleh kembali, immediately to its recoverable amount, which is
dengan menggunakan nilai tertinggi antara harga jual determined as the higher of net selling price or value
neto dan nilai pakai. in use.
Apabila aset tetap tidak digunakan lagi atau dijual, When assets are retired or disposed, their costs and
maka nilai perolehan dan akumulasi penyusutannya the related accumulated depreciation are eliminated
dihapuskan dari laporan keuangan konsolidasian. from the consolidated financial statements.
Keuntungan atau kerugian yang terjadi, diakui The resulting gains or losses are recognised as
sebagai laba rugi tahun terjadinya. Untuk aset tetap related year’s profit or loss. For revalued fixed assets,
yang direvaluasi, surplus revaluasi aset tetap the revaluation surplus of fixed asset is subsequently
selanjutnya dialihkan kepada saldo laba saat aset transferred to retained earnings when the asset is
tersebut dihentikan pengakuannya. Keuntungan atau derecognised. The gain or loss on derecognition of
kerugian yang timbul dari penghentian pengakuan fixed asset is determined at the difference between
aset tetap ditentukan sebesar selisih antara jumlah the net disposal proceeds, if any, and their carrying
hasil pelepasan neto, jika ada, dan jumlah amount.
tercatatnya.
Biaya pemeliharaan dan perbaikan dicatat sebagai Maintenance and repair cost are charged as an
beban pada saat terjadinya. Pengeluaran yang expense when incurred. Expenditure that extends the
memperpanjang masa manfaat aset dikapitalisasi dan useful life of assets is capitalised and depreciated.
disusutkan.
Halaman – 5/48 – Page
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DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL 2. MATERIAL ACCOUNTING POLICY INFORMATION
(lanjutan) (continued)
s. Aset tetap dan penyusutan (lanjutan) s. Fixed assets and depreciation (continued)
Aset dalam penyelesaian merupakan aset yang masih Assets in progress consist of assets that are still in
dalam proses penyelesaian dan belum siap untuk progress of completion and not yet ready for use and
digunakan, serta dimaksudkan untuk dipergunakan are intended to be used in business activity. This
dalam kegiatan usaha. Aset ini dicatat sebesar biaya account is recorded based on the amount paid.
yang telah dikeluarkan.
t. Aset takberwujud t. Intangible assets
Aset takberwujud diakui jika, dan hanya jika, biaya Intangible assets are recognised if, and if only when
perolehan aset tersebut dapat diukur secara andal dan its cost can be measured reliably and it is probable
kemungkinan besar Bank dan Entitas Anak akan that expected future benefits that are attributable to it
memperoleh manfaat ekonomis masa depan dari aset will flow to the Bank and Subsidiaries. Intangible
tersebut. Aset takberwujud terdiri dari perangkat lunak assets consist of computer software that are
yang dibeli Bank. purchased by the Bank.
Perangkat lunak yang dibeli dicatat sebesar biaya Software purchased is recorded at cost less
perolehan dikurangi akumulasi amortisasi. Metode accumulated amortisation. Amortisation method,
amortisasi, estimasi masa manfaat dan nilai residual estimated useful life and residual value is reviewed at
ditelaah pada setiap akhir tahun pelaporan dan end of reporting period and adjusted if necessary. The
disesuaikan jika dianggap tepat. Masa manfaat useful lives of software is between five to fifteen
perangkat lunak adalah lima hingga lima belas tahun. years. The amortisation method used is straight line
Metode amortisasi yang digunakan adalah garis lurus. method.
Tidak terdapat aset takberwujud yang tidak dapat There are no intangible assets which its economic life
diestimasi umur ekonomisnya. can not be estimated.
u. Aset yang diambil alih u. Foreclosed assets
Aset yang diambil alih (“AYDA”) adalah aset yang Foreclosed assets represent assets acquired by Bank
diperoleh Bank CIMB Niaga dan Entitas Anak, baik CIMB Niaga and Subsidiaries, both from auction and
melalui pelelangan maupun diluar pelelangan non-auction based on voluntary transfer by the
berdasarkan penyerahan secara sukarela oleh pemilik debtors or based on debtors’ approval to sell without
agunan atau berdasarkan kuasa untuk menjual diluar bidding the collateral where the debtors could not
lelang dari pemilik agunan dalam hal debitur tidak fulfill their obligations to Bank CIMB Niaga and
memenuhi kewajibannya kepada Bank CIMB Niaga Subsidiaries. Foreclosed assets represent loan
dan Entitas Anak. AYDA merupakan jaminan kredit collateral acquired in settlement of loans. Bank CIMB
yang diberikan yang telah diambil alih sebagai bagian Niaga and Subsidiaries have policy to sell foreclosed
dari penyelesaian kredit yang diberikan. Bank CIMB assets to settle debtors’ liabilities.
Niaga dan Entitas Anak memiliki kebijakan untuk
selalu berusaha menjual AYDA untuk menyelesaikan
sisa kewajiban debitur.
AYDA diakui sebesar nilai bersih yang dapat Foreclosed assets are recognised at their net
direalisasi (net realisable value), yaitu nilai wajar realisable value. Net realisable value is the fair value
agunan setelah dikurangi estimasi biaya pelepasan. of the foreclosed assets less estimated cost of
Kelebihan saldo kredit yang diberikan yang belum liquidating the foreclosed assets. Any excess of the
dilunasi oleh peminjam di atas nilai dari AYDA, loan balance over the value of the foreclosed assets,
dibebankan terhadap cadangan kerugian penurunan which is not recoverable from the borrower, is
nilai kredit yang diberikan. charged to the allowance for impairment losses of
loans and receivables.
Halaman – 5/49 – Page
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DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL 2. MATERIAL ACCOUNTING POLICY INFORMATION
(lanjutan) (continued)
u. Aset yang diambil alih (lanjutan) u. Foreclosed assets (continued)
Biaya pemeliharaan atas AYDA yang terjadi setelah Maintenance costs of foreclosed assets subsequent
pengambilalihan atau akuisisi aset dibebankan to the foreclosure or acquisition of the assets are
sebagai laba rugi pada saat terjadinya. Keuntungan charged as current year profit or loss as incurred.
atau kerugian dari penjualan aset yang diambil alih Gains or losses from sale of foreclosed assets are
diakui sebagai laba rugi tahun berjalan. charged as current year profit or loss as incurred.
v. Beban dibayar dimuka dan aset lain-lain v. Prepaid expenses and other assets
Beban dibayar dimuka merupakan pembayaran Prepaid expenses are payments made to other
kepada pihak lain yang telah dilakukan namun belum parties but have not been recognised as expense at
merupakan beban pada saat pembayaran dilakukan. the time of payment. Prepaid expenses will be used
Beban dibayar dimuka akan digunakan untuk aktivitas for Bank CIMB Niaga’s and Subsidiaries activities in
Bank CIMB Niaga dan Entitas Anak di masa the future. Prepaid expenses are recognised as
mendatang. Beban dibayar dimuka akan diakui expenses during the amortisation in accordance with
sebagai beban pada saat diamortisasi sesuai dengan the expected period of benefit.
masa manfaatnya.
Termasuk dalam beban dibayar dimuka adalah beban Included in prepaid expenses are insurance expense
asuransi dan beban sewa yang tidak memenuhi and leases that not fullfill requirement of SFAS 116
ketentuan PSAK 116 tentang sewa. Lihat Catatan 2w (Leases). See Note 2w for leases accounting policy.
untuk kebijakan akuntansi atas sewa.
Termasuk di dalam aset lain-lain antara lain adalah Included in other assets are amongst others security
jaminan keanggotaan dan uang muka jaminan serta membership deposits and salam receivables.
piutang salam.
Jaminan keanggotaan dan uang muka jaminan dicatat Security and membership deposits are recorded
sebesar harga perolehan dan diamortisasi based on cost and amortised based on the expected
berdasarkan masa berlakunya. period of benefit.
Piutang salam diakui pada saat penyerahan uang Salam receivables are recognized upon the transfer
kepada pemasok sebesar jumlah yang dibayarkan. of cash to the supplier at the amount paid.
Piutang salam disajikan sebesar jumlah tercatat. Salam receivables are presented at their carrying
amount.
w. Sewa w. Leases
Kebijakan akuntansi sewa menggunakan model Accounting policies for lease using a single lessee
akuntansi penyewa tunggal dan mensyaratkan accounting model and requires a lessee to recognise
penyewa untuk mengakui aset dan liabilitas untuk assets and liabilities for all leases with the
semua sewa dengan pengecualian sewa jangka exemptions of short-term leases with tenor 12 months
pendek dengan jangka waktu 12 bulan atau kurang
tanpa opsi pembelian dan sewa dengan nilai rendah. or less and the underlying asset without purchasing
Penyewa diharuskan untuk mengakui aset hak guna options is of low value. A lessee is required to
yang mewakili haknya untuk menggunakan aset recognise a right-of-use asset representing its right to
sewaan dan liabilitas sewa yang mewakili use the underlying leased asset and a lease liability
kewajibannya untuk melakukan pembayaran sewa. representing its obligation to make lease payments.
Halaman – 5/50 – Page
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DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL 2. MATERIAL ACCOUNTING POLICY INFORMATION
(lanjutan) (continued)
w. Sewa (lanjutan) w. Leases (continued)
Aset hak guna Right of use (“ROU”) assets
Aset hak guna pada awalnya diukur berdasarkan The ROU assets are initially measured at cost
biaya yang terdiri dari: comprising the following:
- Jumlah pengukuran awal liabilitas sewa; - The amount of the initial measurement of lease
liability;
- Nilai bersih dari setiap pembayaran sewa yang - Net value of any lease payments than made at or
dilakukan pada/sebelum tanggal mulai sewa before the commencement date with any lease
dengan aset insentif sewa yang diterima; incentive received;
- Biaya langsung awal; dan - Any initial direct costs; and
- Biaya penonaktifan atau pemulihan. - Decommissioning or restoration costs.
Aset hak guna yang bukan properti investasi The ROU assets that are not investment properties
selanjutnya diukur pada biaya perolehan, dikurangi are subsequently measured at cost, less
akumulasi penyusutan dan kerugian penurunan nilai accumulated depreciation and impairment loss
(jika ada). Aset hak guna pada umumnya disusutkan (if any). The ROU assets are generally depreciated
mana yang lebih singkat selama masa manfaat aset over the shorter of the asset’s useful life and the lease
dan masa sewa pada basis garis lurus. Jika Bank dan term on a straight-line basis. If the Bank and
Entitas Anak yakin akan melakukan opsi pembelian, Subsidiaries is reasonably certain to exercise a
aset hak guna disusutkan selama masa manfaat aset purchase option, the ROU asset is depreciated over
pendasar. Selain itu, aset hak guna akan disesuaikan the underlying asset’s useful life. In addition, the ROU
untuk pengukuran kembali liabilitas sewa tertentu. assets are adjusted for certain re-measurement of the
Aset hak guna disajikan dalam pos yang sama dengan lease liabilities. The ROU assets are presented in the
pos yang digunakan untuk menyajikan aset pendasar same item with item that are used to present the
serupa jika aset tersebut dimiliki. underlying asset as if those assets are owned.
Liabilitas sewa Lease liabilities
Liabilitas sewa awalnya diukur pada nilai kini dari Lease liabilities are initially measured at the present
pembayaran sewa yang tidak dibayarkan pada value of the lease payments that are not paid at that
tanggal tersebut. date.
Pembayaran sewa termasuk: The lease payments include the followings:
- Pembayaran tetap (termasuk pembayaran tetap - Fixed payments (including in-substance fixed
secara substansi), dikurangi piutang insentif sewa; payments), less any lease incentive receivable;
- Jumlah yang diharapkan akan dibayarkan oleh - Amounts expected to be payable by the Bank and
Bank dan Entitas Anak dengan jaminan nilai sisa; Subsidiaries under residual value guarantees;
- Harga pelaksanaan opsi pembelian dan - The exercise price of a purchase and extension
perpanjangan jika Bank dan Entitas Anak cukup options if the Bank and Subsidiaries is reasonably
yakin untuk menggunakan opsi tersebut; dan certain to exercise that option; and
- Pembayaran pinalti untuk mengakhiri sewa, jika - Payments of penalties for terminating the lease, if
jangka waktu sewa mencerminkan Bank dan the lease term reflects the Bank and Subsidiaries
Entitas Anak melaksanakan opsi tersebut. exercising that option.
Halaman – 5/51 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 701
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL 2. MATERIAL ACCOUNTING POLICY INFORMATION
(lanjutan) (continued)
w. Sewa (lanjutan) w. Leases (continued)
Liabilitas sewa (lanjutan) Lease liabilities (continued)
Pembayaran sewa didiskontokan menggunakan Lease payments are discounted using the interest
tingkat bunga implisit. Jika tingkat bunga tersebut rate implicit. If that rate cannot be determined, an
tidak dapat ditentukan, suku bunga pinjaman incremental borrowing rate is used in determining the
inkremental digunakan dalam menentukan tingkat discount rate which the interest rate that the Bank
diskonto yang merupakan tingkat bunga yang harus would have to pay to borrow over a similar term, the
dibayar oleh Bank untuk meminjam dalam jangka funds necessary to obtain the asset.
waktu yang sama, dana yang diperlukan untuk
memperoleh aset.
Pembayaran sewa dialokasikan antara pokok dan Lease payments are allocated between principal and
biaya keuangan. Biaya keuangan akan dibebankan finance cost. The finance cost is charged to profit or
pada laba rugi selama periode sewa sehingga loss over the lease period so as to produce a
menghasilkan tingkat bunga periodik yang konstan constant periodic rate of interest on the remaining
atas saldo liabilitas yang tersisa untuk setiap periode. balance of the liability for each period.
Bank dan Entitas Anak menyajikan liabilitas sewa Bank and Subsidiaries present the lease liabilities as
sebagai bagian dari liabilitas lainnya dalam laporan an other liabilities in the consolidated statement of
posisi keuangan konsolidasian. Beban bunga atas financial position. Interest expense on the lease
liabilitas sewa disajikan sebagai bagian pendapatan liability is presented under net interest income in the
bunga bersih dalam laporan laba rugi konsolidasian. consolidated statements of profit or loss.
Aset bernilai rendah adalah sewa yang aset Low-value assets are lease which the underlying
pendasarnya bernilai dengan batasan materialitas assets is valued with a materiality threshold used of
yang dipakai adalah Rp 70. Yang dimaksud aset Rp 70. Underlying low-value assets are when lessee
pendasar bernilai rendah adalah ketika lessee menilai assesses the value of the underlying assets based
aset pendasar berdasarkan nilai aset ketika aset on the value of new assets, regardless the age of the
tersebut baru, tanpa memperhatikan umur aset yang leased asset and is carried out on an absolute basis.
disewakan dan dilakukan atas dasar absolut. Assessment is not affected by the size, nature or
Penilaian tidak dipengaruhi oleh ukuran, sifat, atau circumstances of the lessees.
keadaaan lessee.
Pembayaran terkait dengan sewa jangka pendek dan Payments associated with short-term and all leases
semua sewa untuk aset bernilai rendah diakui of low-value assets are recognised on a straight-line
berdasarkan metode garis lurus sebagai beban dalam basis as an expense in consolidated statements of
laporan laba rugi konsolidasian. profit or loss.
x. Liabilitas segera x. Obligations due immediately
Liabilitas segera adalah liabilitas Bank dan Entitas Obligations due immediately represent Bank and
Anak kepada pihak lain yang sifatnya wajib segera Subsidiaries’ liabilities to other parties that
dibayarkan sesuai dengan perjanjian yang ditetapkan immediately paid-in accordance with terms of the
sebelumnya. relevant agreements.
Liabilitas segera disajikan sebesar biaya perolehan Obligations due immediately are presented at the
yang diamortisasi. Lihat Catatan 2f untuk kebijakan amortised cost. Refer to Note 2f for the accounting
akuntansi atas liabilitas keuangan yang diukur dengan policy for financial liabilities measured at amortised
biaya perolehan diamortisasi. cost.
Halaman – 5/52 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 702
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL 2. MATERIAL ACCOUNTING POLICY INFORMATION
(lanjutan) (continued)
y. Simpanan dari nasabah dan simpanan dari bank lain y. Deposits from customers and deposits from other
banks
Simpanan dari nasabah adalah dana yang Deposits from customers are the funds placed by
dipercayakan oleh masyarakat (selain bank) kepada customers (excluding banks) with Bank CIMB Niaga
Bank CIMB Niaga berdasarkan perjanjian based on fund deposit agreements. Included in this
penyimpanan dana. Termasuk dalam pos ini adalah account are demand deposits, saving deposits, time
giro, tabungan, deposito berjangka, sertifikat deposito deposits, certificates of deposits, and other forms
dan bentuk lain yang dapat dipersamakan dengan itu. which are similar.
Simpanan dari bank lain terdiri dari liabilitas terhadap Deposits from other banks represent liabilities to
bank lain, baik di dalam maupun luar negeri, dalam domestic and overseas banks, in the form of demand
bentuk giro, interbank call money, deposito berjangka, deposits, inter-bank call money, time deposits, and
dan sertifikat deposito. certificates of deposit.
Simpanan dari nasabah dan dari bank lain Deposits from customers and other banks are
diklasifikasikan sebagai liabilitas keuangan yang classified as financial liabilities measured at
diukur dengan biaya perolehan diamortisasi dan amortised cost and some of deposits from customers
sebagian dari simpanan dari nasabah diukur pada are measured at fair value through profit or loss. Refer
nilai wajar melalui laba rugi. Lihat Catatan 2f untuk to Note 2f for the accounting policy for financial
kebijakan akuntansi atas liabilitas keuangan yang liabilities measured at amortised cost and measured
diukur dengan biaya perolehan diamortisasi dan at fair value through profit or loss.
diukur pada nilai wajar melalui laba rugi.
z. Efek-efek yang diterbitkan z. Marketable securities issued
Efek-efek yang diterbitkan adalah obligasi yang Marketable securities issued is the issuance of bond
diterbitkan dan diklasifikasikan sebagai liabilitas which is classified as financial liabilities measured at
keuangan yang diukur dengan biaya perolehan amortised cost (refer to Note 2f for the accounting
diamortisasi (lihat Catatan 2f untuk kebijakan policy for financial liabilities at amortised cost).
akuntansi atas liabilitas keuangan yang diukur dengan
biaya perolehan diamortisasi).
Biaya transaksi yang timbul sehubungan dengan Transaction cost in relation with the marketable
penerbitan efek-efek dikurangkan dari hasil penerbitan securities issued is deducted from the related
efek-efek bersangkutan. Selisih antara hasil emisi marketable securities issued. Any difference between
bersih dengan nilai nominal obligasi diakui sebagai bond issuance costs and nominal of bond is
diskonto yang diamortisasi selama umur obligasi. recognised as discount and will be amortised based
on bond’s period.
Sukuk Mudharabah yang diterbitkan disajikan sebesar Sukuk mudharabah issued are initially stated at their
nilai wajar pada awalnya. Biaya-biaya yang timbul dari fair value. Issuance costs of the notes is recorded as
penerbitan surat berharga dicatat sebagai beban yang deferred charges which presented under "Other
ditangguhkan yang disajikan dalam akun “Aset lain- Assets-others" and amortised using straight line
lain - lainnya” dan diamortisasi secara garis lurus method over the period of the notes.
selama jangka waktu surat berharga.
Halaman – 5/53 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 703
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL 2. MATERIAL ACCOUNTING POLICY INFORMATION
(lanjutan) (continued)
aa. Pinjaman yang diterima dan pinjaman subordinasi aa. Borrowings and subordinated loans
Pinjaman yang diterima termasuk pinjaman yang Borrowings include borrowings received by
diterima Entitas Anak dari berbagai bank dan institusi Subsidiaries from various banks and financial
keuangan. Pinjaman subordinasi merupakan institutions. A subordinated loan is a loan obtained
pinjaman yang diperoleh berdasarkan suatu under a subordinated agreement, where the position
perjanjian subordinasi, dimana kedudukan hak of the rights of the subordinated lender is lower than
pemberi pinjaman subordinasi adalah lebih rendah the position of the rights of other lenders.
daripada kedudukan hak pemberi pinjaman lain.
Pada pengukuran awal pinjaman diterima dan Borrowings and subordinated loans are initially
pinjaman subordinasi disajikan sebesar nilai wajar presented at fair value less directly attributable
dikurangi dengan biaya transaksi yang dapat transaction costs.
diatribusikan langsung dengan perolehan/penerbitan
pinjaman dan obligasi subordinasi.
Pinjaman yang diterima dan pinjaman subordinasi Borrowings and subordinated loans are classified as
diklasifikasikan sebagai liabilitas keuangan yang financial liabilities measured at amortised cost (refer
diukur dengan biaya perolehan diamortisasi (lihat to Note 2f for the accounting policy for financial
Catatan 2f untuk kebijakan akuntansi atas liabilitas liabilities measured at amortised cost).
keuangan yang diukur dengan biaya perolehan
diamortisasi).
ab. Pendapatan dan beban bunga ab. Interest income and expense
Pendapatan bunga atas aset keuangan yang diukur Interest income for financial assets held at either fair
dengan nilai wajar melalui penghasilan komprehensif value through other comprehensive income or
lain atau biaya perolehan diamortisasi dan beban amortised cost and interest expense on all financial
bunga atas perolehan seluruh liabilitas keuangan yang liabilities held at amortised cost are recognised in
diukur dengan biaya perolehan diamortisasi, diakui profit or loss using the effective interest method.
pada laba rugi menggunakan metode suku bunga
efektif.
Suku bunga efektif adalah suku bunga yang secara The effective interest rate is the rate that exactly
tepat mendiskontokan estimasi pembayaran atau discounts estimated future cash payments or receipts
penerimaan kas di masa datang selama perkiraan through the expected life of the financial instrument
umur dari instrumen keuangan, atau bilamana tepat, or, when appropriate, a shorter period to the net
digunakan periode yang lebih singkat untuk carrying amount of the financial asset or financial
memperoleh nilai tercatat bersih dari aset keuangan liability. When calculating the effective interest rate,
atau liabilitas keuangan. Pada saat menghitung suku Bank and Subsidiaries estimates cash flows
bunga efektif, Bank dan Entitas Anak mengestimasi considering all contractual terms of the financial
arus kas dengan mempertimbangkan seluruh instrument for example, prepayment options, call
persyaratan kontraktual dalam instrumen keuangan option, and other similar options, but does not
tersebut seperti pelunasan dipercepat, opsi beli consider future credit losses. The calculation includes
(call option), dan opsi serupa lainnya, namun tidak all fees, commissions, and other fees paid or received
mempertimbangkan kerugian kredit di masa datang. between parties to the contract that are an integral
Perhitungan ini mencakup seluruh komisi, provisi, dan part of the effective interest rate, transaction costs,
bentuk lain yang dibayarkan atau diterima oleh para and all other premiums or discounts.
pihak dalam kontrak yang merupakan bagian tak
terpisahkan dari suku bunga efektif, biaya transaksi,
dan seluruh premi atau diskon lainnya.
Halaman – 5/54 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 704
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL 2. MATERIAL ACCOUNTING POLICY INFORMATION
(lanjutan) (continued)
ab. Pendapatan dan beban bunga (lanjutan) ab. Interest income and expense (continued)
Pendapatan bunga atas aset keuangan yang diukur Interest income for financial assets that are either
dengan nilai wajar melalui penghasilan komprehensif held at fair value through other comprehensive
lain atau biaya amortisasi yang mengalami penurunan income or amortised cost that have become credit
nilai setelah pengakuan awal (tahap 3) diakui impaired subsequent to initial recognition (stage 3) is
berdasarkan suku bunga efektif kredit yang recognised using the credit adjusted effective interest
disesuaikan. Tingkat bunga ini dihitung dengan cara rate. This rate is calculated in the same manner as
yang sama dalam perhitungan suku bunga efektif the effective interest rate except that expected credit
kecuali bahwa cadangan kerugian kredit ekspektasian losses are included in the expected cash flows.
sudah termasuk dalam arus kas ekspektasian. Oleh Interest income is therefore recognised on the
karenanya, pendapatan bunga diakui atas aset amortised cost of the financial asset including
keuangan dalam klasifikasi biaya perolehan expected credit losses. Should the credit risk on a
diamortisasi termasuk kerugian kredit ekspektasian. stage 3 financial asset improve such that the financial
Dalam kondisi risiko kredit atas aset keuangan tahap asset is no longer considered credit impaired, interest
3 mengalami perbaikan sehingga aset keuangan tidak income recognition reverts to a computation based on
lagi dipertimbangkan mengalami penurunan nilai, the rehabilitated the carrying value of the financial
pengakuan pendapatan bunga dihitung berdasarkan assets – gross.
nilai tercatat bruto aset keuangan.
Pendapatan bunga yang belum diterima merupakan Interest income receivable represents interest income
pendapatan bunga yang belum diakui, yakni sebesar that has not yet been recognised, which is the
saldo piutang bunga. Pengakuan ini mencerminkan balance of the interest receivable. This recognition
hak Bank dan Entitas Anak untuk penerimaan imbalan reflects the Bank and its Subsidiaries' right to receive
sebagai hasil dari aktivitas yang telah dilakukan dalam compensation as a result of activities performed
tahun pelaporan. Pendapatan bunga yang belum during the reporting year. Interest income receivable
diterima dicatat dalam laporan laba rugi konsolidasian is recorded in the consolidated income statement and
dan diakui sebagai “Pendapatan yang akan diterima”. recognised as "Accrued income."
Pendapatan syariah terdiri dari keuntungan Sharia income represents profit from murabahah,
murabahah, pendapatan ijarah muntahiyah bittamlik, ijarah muntahiyah bittamlik income, mudharabah and
bagi hasil pembiayaan mudharabah dan musyarakah, musyarakah financing profit sharing income and
serta pendapatan qardh. qardh income.
Keuntungan murabahah dan pendapatan ijarah Murabahah and ijarah muntahiyah bittamlik income is
muntahiyah bittamlik diakui selama periode akad recognised over the period of the agreement based
berdasarkan konsep akrual. Pendapatan bagi hasil on accrual basis. Mudharabah and musyarakah
pembiayaan mudharabah dan musyarakah diakui income is recognised when cash is received or in a
pada saat diterima atau dalam periode terjadinya hak period where the right of revenue sharing is due
bagi hasil sesuai porsi bagi hasil (nisbah) yang based on agreed option. Qardh income is recognised
disepakati. Pendapatan dari qardh diakui pada saat upon receipt.
diterima.
Halaman – 5/55 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 705
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL 2. MATERIAL ACCOUNTING POLICY INFORMATION
(lanjutan) (continued)
ab. Pendapatan dan beban bunga (lanjutan) ab. Interest income and expense (continued)
Hak pihak ketiga atas imbal hasil milik nasabah Third parties share on the return of fund owner’s
didasarkan pada prinsip Mudharabah. Pendapatan share is based on the principle of Mudharabah. The
yang dibagikan adalah pendapatan yang telah profit sharing is determined on a cash basis.
diterima. Pembagian laba dilakukan berdasarkan Distribution of profit sharing is based on profit sharing
prinsip imbal hasil yaitu dihitung dari pendapatan principle which calculated from the gross profit.
yang diterima berupa laba bruto.
Beban syariah terdiri dari beban imbal hasil Sharia expenses consist of mudharabah profit sharing
mudharabah dan beban bonus wadiah. Beban expenses and wadiah bonus expenses. Sharia
syariah merupakan biaya untuk imbal hasil atas dana expense represents expense for profit sharing on third
pihak ketiga dengan menggunakan prinsip imbal hasil party funds which is calculated using the profit-
berdasarkan porsi imbal hasil (nisbah) yang telah sharing principle based on predetermined nisbah.
disepakati sebelumnya.
ac. Pendapatan provisi dan komisi ac. Fees and commissions income
Provisi dan komisi yang berkaitan langsung dengan Fees and commissions income directly related to
kegiatan pemberian kredit diakui sebagai lending activities, are recognised as a
bagian/(pengurang) dari biaya perolehan kredit dan part/(deduction) of credit acquisition cost and will be
akan diakui sebagai pendapatan bunga dengan cara recognised as interest income by amortising the
diamortisasi berdasarkan metode suku bunga efektif. carrying value of loan with effective interest rate
method.
Pendapatan provisi dan komisi yang tidak berkaitan Fees and commissions income which are not related
dengan kegiatan pemberian kredit atas suatu jangka to lending activities on a specific period are
waktu diakui sebagai pendapatan pada saat recognised as revenues on the transaction.
terjadinya transaksi.
ad. Pendapatan dan beban operasional lainnya ad. Other operating income and expenses
Beban tenaga kerja Personnel expenses
Beban tenaga kerja meliputi beban berupa gaji Personnel expenses include expenses related with
karyawan, bonus, imbalan kerja, lembur, tunjangan, salaries for employees, bonuses, employee benefits,
dan pelatihan. overtime, allowances, and training.
Beban umum dan administrasi General and administrative expenses
Beban umum dan administrasi merupakan beban General and administrative expenses represent
yang timbul sehubungan dengan aktivitas kantor dan expenses which related to office activities and Bank
operasional Bank CIMB Niaga dan Entitas Anak. CIMB Niaga and Subsidiaries’ operational activities.
Seluruh pendapatan dan beban yang terjadi All of these income and expenses are recorded as
dibebankan sebagai laba rugi pada saat terjadinya. profit or loss when incurred.
Halaman – 5/56 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 706
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL 2. MATERIAL ACCOUNTING POLICY INFORMATION
(lanjutan) (continued)
ae. Perpajakan ae. Taxation
Beban pajak kini dihitung berdasarkan peraturan The current income tax charge is calculated on the
perpajakan yang berlaku atau yang secara substantif basis of the tax laws enacted or substantively
berlaku pada akhir periode pelaporan, di negara enacted at the end of the reporting period in the
dimana perusahaan dan entitas anak beroperasi dan countries where the company’s subsidiaries and
menghasilkan pendapatan kena pajak. Manajemen associates operate and generate taxable income.
secara periodik mengevaluasi posisi yang dilaporkan Management periodically evaluates positions taken
di Surat Pemberitahuan Tahunan (“SPT”) in tax returns with respect to situations in which
sehubungan dengan situasi di mana aturan pajak applicable tax regulation is subject to interpretation.
yang berlaku membutuhkan interpretasi. Jika perlu, It establishes provision where appropriate on the
manajemen menentukan provisi berdasarkan jumlah basis of amounts expected to be paid to the tax
yang diharapkan akan dibayar kepada otoritas pajak. authorities.
Pajak penghasilan tangguhan diakui sepenuhnya, Deferred income tax is provided in full, using the
dengan menggunakan metode liabilitas untuk semua liability method, on temporary differences which
perbedaan temporer yang berasal dari selisih antara arise from the difference between the tax bases
dasar pengenaan pajak aset dan liabilitas dengan nilai of assets and liabilities and their carrying
tercatatnya pada laporan keuangan konsolidasian. amounts in the consolidated financial statements.
Pajak penghasilan tangguhan diukur dengan Deferred income tax is determined using tax rates
menggunakan tarif pajak (dan hukum) yang sudah (and laws) that have been enacted or
diberlakukan atau secara substantif berlaku pada substantially enacted by the end of the reporting
akhir periode pelaporan dan diekspektasikan period and are expected to apply when the
digunakan ketika aset pajak tangguhan yang related deferred income tax asset is realised or
berhubungan direalisasi atau liabilitas pajak the deferred income tax liability is settled.
tangguhan diselesaikan. Aset pajak tangguhan diakui Deferred tax assets are recognised only if it is
hanya jika kemungkinan jumlah penghasilan kena probable that future taxable amounts will be
pajak dimasa depan akan memadai untuk available to utilise those temporary differences and
dikompensasi dengan perbedaan temporer yang losses.
masih dapat dimanfaatkan.
Aset dan liabilitas pajak penghasilan tangguhan Deferred tax assets and liabilities are offset when
dapat saling hapus apabila terdapat hak yang there is a legally enforceable right to offset current
berkekuatan hukum untuk melakukan saling tax assets and liabilities and when the deferred tax
hapus antara aset pajak kini dengan liabilitas balances relate to the same taxation authority.
pajak kini dan apabila aset dan liabilitas pajak Current tax assets and tax liabilities are offset
penghasilan tangguhan dikenakan oleh otoritas where the entity has a legally enforceable right to
perpajakan yang sama. Aset pajak kini dan offset and intends either to settle on a net basis, or
liabilitas pajak kini akan saling hapus ketika to realise the asset and settle the liability
entitas memiliki hak yang berkekuatan hukum simultaneously.
untuk melakukan saling hapus dan adanya niat
untuk melakukan penyelesaian saldo-saldo
tersebut secara neto atau untuk merealisasikan
dan menyelesaikan liabilitas secara bersamaan.
Halaman – 5/57 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 707
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL 2. MATERIAL ACCOUNTING POLICY INFORMATION
(lanjutan) (continued)
ae. Perpajakan (lanjutan) ae. Taxation (continued)
Koreksi atas liabilitas pajak diakui pada saat surat Amendments to taxation obligations are recorded
ketetapan pajak diterima, atau apabila diajukan when an assessment is received or, if an objection
keberatan dan/atau banding, maka koreksi diakui and/or appealed against, when the result of the
pada saat keputusan atas keberatan dan/atau objection and/or appeal is determined. Management
banding tersebut diterima. Manajemen juga dapat may also provide the provision for future tax liability at
membentuk pencadangan terhadap liabilitas pajak di the estimated amount that will be payable to the tax
masa depan sebesar jumlah yang diestimasikan akan office if there is a probable tax exposure, based on
dibayarkan ke kantor pajak jika berdasarkan evaluasi management's assessment as of the date of
pada tanggal laporan posisi keuangan konsolidasian consolidated statements of financial position.
terdapat risiko pajak yang probable. Asumsi dan Assumptions and estimation used in the calculation of
estimasi yang digunakan dalam perhitungan provision may involve element of uncertainty.
pembentukan cadangan tersebut memiliki unsur
ketidakpastian.
af. Imbalan kerja af. Employee benefits
Liabilitas pensiun Pension obligations
Bank CIMB Niaga dan Entitas Anak memiliki program- Bank CIMB Niaga and Subsidiaries have pension
program pensiun sesuai dengan peraturan dan schemes in accordance with prevailing labor-related
perundang-undangan yang berhubungan dengan laws and regulations of Bank CIMB Niaga and
ketenagakerjaan atau kebijakan yang ditetapkan oleh Subsidiaries policy. The schemes are generally
Bank CIMB Niaga dan Entitas Anak. Program- funded through payments to trustee-administered
program ini pada umumnya didanai melalui funds as determined by periodic actuarial
pembayaran kepada pengelola dana pensiun yang calculations.
besarnya ditentukan dalam perhitungan aktuarial
yang dilakukan secara berkala.
Bank CIMB Niaga dan Entitas Anak harus Bank CIMB Niaga and Subsidiaries are required to
menyediakan program pensiun dengan jumlah provide a minimum amount of pension benefits in
minimal tertentu sesuai dengan ketentuan UU terkait accordance with the applicable Law related to Labor.
Ketenagakerjaan yang berlaku. Karena UU terkait Since the Law related to Labor sets the formula for
Ketenagakerjaan menentukan rumus tertentu untuk determining the minimum amount of benefits. A
menghitung jumlah minimal imbalan pensiun. defined benefit plan is a pension plan that defines an
Program pensiun manfaat pasti adalah program amount of pension benefit to be provided, usually as
pensiun yang menentukan jumlah imbalan pensiun a function of one or more factors such as age, years
yang akan diberikan, biasanya didasarkan pada satu of service or total compensation.
faktor atau lebih seperti usia, masa kerja atau jumlah
kompensasi.
Halaman – 5/58 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 708
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL 2. MATERIAL ACCOUNTING POLICY INFORMATION
(lanjutan) (continued)
af. Imbalan kerja (lanjutan) af. Employee benefits (continued)
Liabilitas pensiun (lanjutan) Pension obligations (continued)
Liabilitas program pensiun imbalan pasti yang diakui The liability recognised in the consolidated
di laporan posisi keuangan konsolidasian adalah nilai statements of financial position in respect of defined
kini liabilitas imbalan pasti pada tanggal laporan posisi benefit pension plans is the present value of the
keuangan konsolidasian dikurangi nilai wajar aset defined benefit obligation at the consolidated
program, yang disesuaikan dengan statement of financial position’s date less the fair
keuntungan/kerugian aktuarial. Liabilitas imbalan value of plan assets, together with adjustments for
pasti dihitung setiap tahun oleh aktuaris independen unrecognised actuarial gains/losses. The defined
dengan menggunakan metode Projected Unit Credit. benefit obligation is calculated annually by
Nilai kini liabilitas imbalan pasti ditentukan dengan independent actuaries using the Projected Unit Credit
mendiskontokan estimasi arus kas keluar di masa method. The present value of the defined benefit
yang akan datang dengan menggunakan tingkat obligation is determined by discounting the estimated
bunga Obligasi Pemerintah dalam mata uang yang future cash outflows using interest rates of
sama dengan mata uang pensiun yang akan Government Bonds that are denominated in the
dibayarkan dan waktu jatuh tempo yang kurang lebih currency in which the pension will be paid, and that
sama dengan waktu jatuh tempo pensiun yang have terms to maturity approximating the terms of the
bersangkutan. related pension liability.
Keuntungan dan kerugian aktuarial yang timbul dari Actuarial gain and losses arising from experience
penyesuaian dan perubahan dalam asumsi-asumsi adjustments and changes in actuarial assumption
aktuarial langsung diakui seluruhnya melalui charged or credited to equity in other comprehensive
pendapatan komprehensif lainnya pada saat income in the period in which they arise. Past-service
terjadinya. Biaya jasa lalu diakui segera dalam laba cost are recognised immediately in profit or loss.
rugi.
Keuntungan dan kerugian dari kurtailmen atau Gains or losses on the curtailment or settlement of a
penyelesaian program manfaat pasti diakui di laba rugi defined benefit plan are recognised in profit or loss
ketika kurtailmen atau penyelesaian tersebut terjadi. when the curtailment or settlement occurs.
Kontribusi pegawai tidak berkaitan dengan jumlah Employee’s contribution does not relate to years of
tahun jasa sehingga Bank CIMB Niaga dan Entitas service and therefore Bank CIMB Niaga and
Anak mengakui kontribusi pegawai sebagai Subsidiaries recognise the employee’s contribution as
pengurang biaya jasa pada tahun berjalan. deduction to the service cost in the current year.
Liabilitas imbalan kerja jangka panjang lainnya Other long term benefit liabilities
Bank CIMB Niaga memberikan imbalan kerja lainnya Bank CIMB Niaga provides other benefits such as
seperti cuti jangka panjang, jubilee awards, uang long service leave, jubilee awards, severance pay,
pisah, uang jasa, dan imbalan lainnya sesuai dengan service pay, and other benefits which is determined in
yang ditentukan dalam Undang-Undang terkait compliance with the Labor Law.
Ketenagakerjaan.
Perkiraan biaya imbalan ini dicadangkan sepanjang The expected costs of these benefits are accrued
masa kerja karyawan. Liabilitas ini dinilai setiap tahun over the period of employment. These obligations are
oleh aktuaris independen yang berkompeten. determined annually by independent qualified
actuaries.
Halaman – 5/59 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 709
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL 2. MATERIAL ACCOUNTING POLICY INFORMATION
(lanjutan) (continued)
af. Imbalan kerja (lanjutan) af. Employee benefits (continued)
Liabilitas imbalan kerja jangka pendek Short term benefit liabilities
Manfaat jangka pendek mencakup bonus dan Short-term benefit includes bonuses and festive
tunjangan hari raya yang dibayarkan dalam jangka allowance that are payable within three up to twelve
waktu tiga hingga dua belas bulan sejak penyelesaian months of the finalisation of the audited financial
laporan keuangan yang telah diaudit. Jumlah statements. Amount of short term benefit liabilities to
kewajiban manfaat jangka pendek yang akan dibagi be shared by Group would depend on several factors
oleh Grup akan bergantung pada beberapa faktor which are achievement of sales targets, cost
yaitu pencapaian target penjualan, efisiensi biaya, efficiency, Bank and its Subsidiaries profitability and
profitabilitas Bank dan Entitas anak, serta rencana their plan for future expansion.
untuk ekspansi di masa mendatang.
Pesangon pemutusan kontrak kerja Termination benefits
Pesangon pemutusan kontrak terhutang ketika Termination benefits are payable whenever an
karyawan diberhentikan sebelum usia pensiun employee’s employment is terminated before the
normal. normal retirement age.
Bank CIMB Niaga dan Entitas Anak mengakui Bank CIMB Niaga and Subsidiaries recognise
pesangon pemutusan kontrak kerja ketika Bank CIMB termination benefits when it is demonstrably
Niaga dan Entitas Anak menunjukkan komitmennya committed to terminate the employment of current
untuk memutuskan hubungan kerja dengan karyawan employees according to a detailed formal plan which
berdasarkan suatu rencana formal terperinci yang has small probability to withdraw. Benefits, due more
kecil kemungkinannya untuk dibatalkan. Pesangon than 12 (twelve) months after the consolidated
yang akan dibayarkan dalam waktu lebih dari 12 (dua statement of financial position’s date are discounted
belas) bulan setelah tanggal laporan posisi keuangan to present value.
konsolidasian didiskontokan untuk mencerminkan
nilai kini.
Program saham manajemen dan program Management equity scheme and equity
kepemilikan saham ownership plan
Bank CIMB Niaga dan CIMB Group Holdings Berhad Bank CIMB Niaga and CIMB Group Holdings Berhad
memberikan opsi kepada manajemen dan karyawan provided options to eligible management and
yang berhak. employees.
Nilai wajar opsi yang diberikan diakui sebagai beban The fair value of the options is recognised as an
dan dengan peningkatan pada ekuitas. Jumlah nilai expense with a corresponding increase in equity. The
yang harus dibebankan ditentukan dengan mengacu total amount to be expensed is determined by
kepada nilai wajar opsi yang diberikan: reference to the fair value of the options granted:
- termasuk kinerja pasar (misalnya, harga saham - including any market performance conditions
entitas); (for example, an entity’s share price);
- tidak termasuk dampak dari jasa dan kondisi - excluding the impact of any service and
vesting yang tidak dipengaruhi kinerja pasar nonmarket performance vesting conditions (for
(misalnya, profitabilitas, target pertumbuhan example, profitability, sale growth targets and
penjualan dan tetap menjadi karyawan remaining an employee of the entity over a
perusahaan selama periode waktu tertentu); dan specified time period); and
- termasuk dampak dari kondisi non-vesting. - including the impact of any non-vesting
conditions.
Halaman – 5/60 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 710
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL 2. MATERIAL ACCOUNTING POLICY INFORMATION
(lanjutan) (continued)
af. Imbalan kerja (lanjutan) af. Employee benefits (continued)
Program saham manajemen dan program Management equity scheme and equity
kepemilikan saham (lanjutan) ownership plan (continued)
Bank dan Entitas Anak merevisi estimasi mereka The Bank and its Subsidiaries revise their estimates
mengenai jumlah opsi yang pada awalnya diharapkan of the number of options that are expected to vest
akan berlaku. Selisih antara estimasi yang direvisi dan based on the service conditions. The difference
estimasi awal, atau revisi terhadap estimasi awal, jika between the the revised estimates and original
ada, diakui dalam laba rugi, dengan penyesuaian estimates, or revision to original estimates, if any, is
yang sesuai terhadap ekuitas. recognised in the profit or loss, with a corresponding
adjustment to equity.
Syarat jasa dan syarat yang tidak dipengaruhi kinerja Non-market performance and service conditions are
pasar dimasukkan di dalam asumsi mengenai jumlah included in assumptions about the number of options
opsi yang diharapkan akan vest. Jumlah beban diakui that are expected to vest. The total expense is
selama periode vesting, yaitu periode dimana seluruh recognised over the vesting period, which is the
kondisi vesting tertentu telah terpenuhi. period over which all of the specified vesting
conditions are to be satisfied.
Setiap akhir periode pelaporan, Bank merevisi At the end of each reporting period, the Bank revises
estimasi jumlah opsi yang diharapkan vest its estimates of the number of options that are
berdasarkan syarat jasa. Selisih antara estimasi expected to vest based on the service vesting
revisian dengan jumlah estimasi sebelumnya, jika conditions. It recognises the impact of the revision to
ada, diakui dalam laporan laba rugi, dengan original estimates, if any, in profit or loss, with a
penyesuaian pada sisi ekuitas. corresponding adjustment to equity.
Ketika opsi dieksekusi, Bank menerbitkan sejumlah When the options are exercised, the Bank issues new
saham baru atau menerbitkan kembali saham shares or reissues its treasury shares (if any). The
tresurinya (jika ada). Nilai kas yang diterima dikurangi proceeds received, net of any directly attributable
dengan biaya transaksi yang dapat diatribusikan transaction costs, are credited to share capital
dikreditkan ke modal saham (nilai nominal) dan agio (nominal value) and share premium.
saham.
Tantiem Tantiem
Bank CIMB Niaga mencatat tantiem dengan Bank CIMB Niaga records tantiem using the accrual
menggunakan basis akrual dan membebankannya basis and charges it to the consolidated statements of
pada laporan laba rugi konsolidasian. profit or loss.
ag. Laba per saham ag. Earnings per share
Laba per saham dasar dihitung dengan membagi laba Basic earnings per share is computed by dividing net
bersih dengan rata-rata tertimbang jumlah saham income with the weighted average number of
biasa yang beredar pada tahun yang bersangkutan. outstanding ordinary shares during the year.
Laba per saham dilusian dihitung dengan membagi Diluted earnings per share is calculated by dividing
laba bersih dengan rata-rata tertimbang jumlah saham net income by the weighted average number of
biasa yang beredar ditambah dengan rata-rata outstanding ordinary shares plus the weighted
tertimbang jumlah saham biasa yang akan diterbitkan average number of outstanding ordinary shares which
atas konversi efek yang berpotensi saham yang would be issued on the conversion of the dilutive
bersifat dilutif. potential shares.
Halaman – 5/61 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 711
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL 2. MATERIAL ACCOUNTING POLICY INFORMATION
(lanjutan) (continued)
ah. Transaksi dengan pihak berelasi ah. Transactions with related parties
Bank CIMB Niaga dan Entitas Anak melakukan Bank CIMB Niaga and Subsidiaries have transactions
transaksi dengan pihak berelasi. Sesuai dengan with related parties. In accordance with SFAS 224
PSAK 224 (revisi 2015) tentang “Pengungkapan (revised 2015) regarding “Related Party Disclosure”,
Pihak-pihak yang Berelasi”, yang dimaksud dengan the meaning of a related party is a person or entity
pihak yang berelasi adalah orang atau entitas yang that is related to a reporting entity as follow:
berelasi dengan entitas pelapor sebagai berikut:
a. Orang atau anggota keluarga terdekatnya berelasi a. A person or a close member of that person’s
dengan entitas pelapor jika orang tersebut: family is related to a reporting entity if that
person:
i. memiliki pengendalian atau pengendalian i. has control or joint control over the reporting
bersama terhadap entitas pelapor; entity;
ii. memiliki pengaruh signifikan terhadap entitas ii. has significant influence over the reporting
pelapor; atau entity; or
iii. personal manajemen kunci entitas pelapor iii. is member of the key management personnel
atau entitas induk pelapor. of the reporting entity or a parent of the
reporting entity.
b. Suatu entitas berelasi dengan entitas pelapor jika b. An entity is related to a reporting entity if any of
memenuhi hal-hal sebagai berikut: the following conditions applies:
i. entitas dan entitas pelapor adalah anggota dari i. the entity and the reporting entity are
kelompok usaha yang sama (artinya entitas member of the same the company (which
induk, entitas anak, dan entitas anak means that each parent, subsidiaries, and
berikutnya terkait dengan entitas lain); fellow subsidiaries is related to the others);
ii. suatu entitas adalah entitas asosiasi atau ii. one entity is an associate or joint venture of
ventura bersama bagi entitas lain (atau entitas the other entity (or an associate or joint
asosiasi atau ventura bersama yang venture of member of a company of which
merupakan anggota suatu kelompok usaha, di the other entity is a member);
mana entitas lain tersebut adalah anggotanya);
iii. kedua entitas tersebut adalah ventura iii. both entities are joint ventures of the same
bersama dari pihak ketiga yang sama; third party;
iv. suatu entitas adalah ventura bersama dari iv. one entity is a joint venture of a third entity
entitas ketiga dan entitas yang lain adalah and the other entity is an associate of the
entitas asosiasi dari entitas ketiga; third entity;
v. entitas tersebut adalah suatu program v. the entity is a post-employment benefit plan
imbalan pasca kerja untuk imbalan kerja dari for the benefit of employees of either the
suatu entitas pelapor atau entitas yang terkait reporting entity or an entity related to the
dengan entitas pelapor; reporting entity;
vi. entitas yang dikendalikan atau dikendalikan vi. the entity controlled or jointly controlled by a
bersama oleh orang yang diidentifikasi dalam person identified in (a);
butir (a);
vii. orang yang diidentifikasi, dalam butir (a) (i) vii. a person identified in (a) (i) has significant
memiliki pengaruh signifikan terhadap entitas influence over the entity or is a member of
atau anggota manajemen kunci entitas (atau the key management personel of the entity
entitas induk dari entitas); atau (or of a parent of the entity); or
viii. entitas, atau bagian dari grup dimana entitas viii. the entity, or any member of a group of which
merupakan anggotanya, menyediakan it is a part, provides key management
personal manajemen kunci kepada entitas personnel services to the reporting entity or
pelapor atau kepada pemegang saham dari to the parent of the reporting entity.
entitas pelaporan.
Jenis transaksi dan saldo dengan pihak-pihak berelasi The nature of transactions and balances of accounts
diungkapkan dalam catatan atas laporan keuangan with related parties are disclosed in the notes to the
konsolidasian. consolidated financial statements.
Halaman – 5/62 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 712
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL 2. MATERIAL ACCOUNTING POLICY INFORMATION
(lanjutan) (continued)
ai. Saham tresuri ai. Treasury shares
Ketika Bank membeli modal saham ekuitas Bank When Bank purchases the Bank’s equity share capital
(saham tresuri), imbalan yang dibayar, termasuk (treasury shares), the consideration paid, including
biaya tambahan yang secara langsung dapat any directly attributable incremental cost (net of
diatribusikan (dikurangi pajak penghasilan) income taxes) is deducted from equity attributable to
dikurangkan dari ekuitas yang diatribusikan kepada the Bank’s equity holders until the shares are
pemilik ekuitas Bank sampai saham tersebut cancelled or reissued.
dibatalkan atau diterbitkan kembali.
Ketika saham tersebut selanjutnya diterbitkan Where such ordinary shares are subsequently
kembali, imbalan yang diterima, dikurangi biaya reissued, any consideration received, net of any
tambahan transaksi yang terkait dan dampak pajak directly attributable incremental transaction costs and
penghasilan yang terkait dimasukkan pada ekuitas the related income tax effects, is included in equity
yang dapat diatribusikan kepada pemilik ekuitas attributable to the Bank’s equity holders.
Bank.
aj. Pelaporan segmen aj. Segment reporting
Sebuah segmen operasi adalah suatu komponen dari An operating segment is a component of entity which:
entitas:
a. yang terlibat dalam aktivitas bisnis yang a. involves with business activities to generate
memperoleh pendapatan dan menimbulkan income and expenses (include income and
beban (termasuk pendapatan dan beban yang expenses relating to the transactions with other
terkait dengan transaksi dengan komponen lain components with the same entity);
dari entitas yang sama);
b. hasil operasinya dikaji ulang secara reguler oleh b. operations result is observed regularly by
manajemen untuk membuat keputusan tentang management to make decisions regarding the
sumber daya yang dialokasikan pada segmen allocation of resources and to evaluate the
tersebut dan menilai kinerjanya; works;
c. tersedia informasi keuangan yang dapat c. separated financial information is available;
dipisahkan;
d. yang terlibat dalam aktivitas bisnis yang d. involves with business activities to generate
memperoleh pendapatan dan menimbulkan income and expenses (include income and
beban (termasuk pendapatan dan beban yang expenses relating to the transactions with other
terkait dengan transaksi dengan komponen lain components with the same entity);
dari entitas yang sama);
e. hasil operasinya dikaji ulang secara reguler oleh e. operations result is observed regularly by
manajemen untuk membuat keputusan tentang management to make decisions regarding the
sumber daya yang dialokasikan pada segmen allocation of resources and to evaluate the
tersebut dan menilai kinerjanya; dan works; and
f. tersedia informasi keuangan yang dapat f. separated financial information is available.
dipisahkan.
Halaman – 5/63 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 713
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL 2. MATERIAL ACCOUNTING POLICY INFORMATION
(lanjutan) (continued)
aj. Pelaporan segmen (lanjutan) aj. Segment reporting (continued)
Bank CIMB Niaga menyajikan segmen operasi Bank CIMB Niaga presents operating segments
berdasarkan informasi yang disiapkan secara internal based on the information that internally is provided to
untuk pengambil keputusan operasional. Berdasarkan the chief operating decision maker. Under SFAS 108
PSAK 108 (Revisi 2015), sebuah segmen usaha (Revised 2015), a business segment is a group of
adalah sekelompok aset dan operasi yang assets and operations engaged in providing products
menyediakan barang atau jasa yang memiliki risiko or services that are subject to risks and returns that
serta tingkat pengembalian yang berbeda dengan are different from those of other business segments.
segmen usaha lainnya.
Sebuah segmen geografis menyediakan jasa di dalam A geographical segment is engaged in providing
lingkungan ekonomi tertentu yang memiliki risiko serta services within a particular economic environment
tingkat pengembalian yang berbeda dengan segmen that are subject to risks and return that are different
operasi lainnya yang berada dalam lingkungan from those of segments operating in other economic
ekonomi lain. Bank CIMB Niaga melaporkan informasi environments. Bank CIMB Niaga reports the
segmen sekunder berdasarkan daerah Jakarta, Jawa secondary segment information based on Jakarta,
Barat, Jawa Tengah, Jawa Timur, Indonesia Timur, West Java, Central Java, East Java, East Indonesia,
dan Sumatera. and Sumatera.
ak. Pendapatan operasional lainnya - Lain-lain ak. Other operating income - Others
Pendapatan operasional lainnya - lain-lain terdiri atas Other operating income - others consists of income
pendapatan yang diterima dari pembayaran kembali from recovery of bad debt loans that had been written
oleh debitur bermasalah yang telah dihapusbukukan. off.
3. PENGGUNAAN ESTIMASI DAN PERTIMBANGAN 3. USE OF SIGNIFICANT ACCOUNTING ESTIMATES AND
AKUNTANSI YANG PENTING JUDGEMENTS
Beberapa estimasi dan asumsi dibuat dalam rangka Certain estimates and assumption are made in the
penyusunan laporan keuangan konsolidasian dimana presentation of the consolidated financial statements.
dibutuhkan pertimbangan manajemen dalam menentukan These often require management judgement in
metodologi yang tepat untuk penilaian aset dan liabilitas. determining the appropriate methodology for valuation of
assets and liabilities.
Manajemen membuat estimasi dan asumsi yang Management makes estimates and assumptions that
berimplikasi pada pelaporan nilai aset dan liabilitas atas affect the reported amounts of assets and liabilities within
tahun keuangan satu tahun kedepan. Semua estimasi dan the next financial year. All estimates and assumptions
asumsi yang diharuskan oleh PSAK adalah estimasi required in conformity with SFAS are best estimates
terbaik yang didasarkan pada standar yang berlaku. undertaken in accordance with the applicable standard.
Estimasi dan pertimbangan dievaluasi secara terus Estimates and judgements are evaluated on a continuous
menerus dan berdasarkan pengalaman masa lalu dan
basis, and are based on past experience and other factors,
faktor-faktor lain termasuk harapan atas kejadian yang
akan datang. including expectations with regard to future events.
Halaman – 5/64 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 714
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
3. PENGGUNAAN ESTIMASI DAN PERTIMBANGAN 3. USE OF SIGNIFICANT ACCOUNTING ESTIMATES AND
AKUNTANSI YANG PENTING (lanjutan) JUDGEMENTS (continued)
Walaupun estimasi dan asumsi ini dibuat berdasarkan Although these estimates and assumptions are based on
pengetahuan terbaik manajemen atas kejadian dan management’s best knowledge of current events and
tindakan saat ini, hasil yang timbul mungkin berbeda activities, actual result may differ from those estimates and
dengan estimasi dan asumsi semula. assumptions.
a. Cadangan kerugian penurunan nilai aset keuangan a. Allowance for impairment losses of financial
Assets
Aset keuangan yang dicatat berdasarkan biaya Financial assets accounted for at amortised cost are
perolehan diamortisasi dievaluasi penurunan nilainya evaluated for impairment on a basis described in Note
sesuai dengan Catatan 2h. 2h.
Kondisi spesifik penurunan nilai counterparty dalam The specific counterparty conditions in determining
pembentukan cadangan kerugian penurunan nilai atas impairment amount of the financial assets is
aset keuangan dievaluasi secara individu berdasarkan evaluated individually and is based upon
estimasi terbaik manajemen atas nilai kini arus kas management's best estimate of the present value of
yang diharapkan akan diterima. Dalam mengestimasi the cash flows that are expected to be received. In
arus kas tersebut, manajemen membuat estimating these cash flows, management makes
pertimbangan tentang situasi keuangan counterparty judgements about the counterparty's financial
dan nilai realisasi bersih dari setiap agunan. Setiap situation and the net realisable value of any
aset yang mengalami kerugian penurunan nilai dinilai underlying collateral. Each impairment asset is
sesuai dengan manfaat yang ada dan strategi assessed on its merits and the workout strategy and
penyelesaian serta estimasi arus kas yang estimated cash flows considered recoverable, are
diperkirakan dapat diterima, disetujui secara independently approved by the Risk Management.
independen oleh Manajemen Risiko.
Guna membuat estimasi cadangan yang diperlukan, In order to estimate the required allowance,
asumsi dibuat untuk menentukan kerugian yang assumptions are made to define the way inherent
melekat dan untuk menentukan parameter input yang losses are modelled and to determine the required
diperlukan berdasarkan pengalaman masa lalu dan input parameters, based on historical experience and
kondisi ekonomi saat ini dan perkiraan masa depan. current economic conditions and forward looking
forecast.
Keakuratan penyisihan tergantung pada seberapa The accuracy of the allowances depends on how well
baik estimasi arus kas masa depan untuk cadangan the estimation of future cash flows for specific
counterparty tertentu dan asumsi model dan counterparty allowances and the model assumptions
parameter yang digunakan dalam menentukan and parameters used in determining collective
cadangan kolektif. allowances.
Halaman – 5/65 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 715
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
3. PENGGUNAAN ESTIMASI DAN PERTIMBANGAN 3. USE OF SIGNIFICANT ACCOUNTING ESTIMATES AND
AKUNTANSI YANG PENTING (lanjutan) JUDGEMENTS (continued)
b. Menentukan nilai wajar instrumen keuangan b. Determining fair values of financial instruments
Dalam menentukan nilai wajar aset keuangan dan In determining the fair value for financial assets and
liabilitas yang tidak mempunyai harga pasar, financial liabilities for which there is no observable
Bank CIMB Niaga menggunakan teknik penilaian market price, Bank CIMB Niaga uses the valuation
seperti yang dijelaskan dalam Catatan 2f untuk techniques as described in Note 2f for financial
instrumen keuangan yang jarang diperdagangkan dan instruments that are traded infrequently and have a
memiliki informasi harga yang terbatas, nilai wajar lack of price transparency, less objectivity in fair value
yang kurang objektif dan membutuhkan berbagai and requires varying degrees of judgement
tingkat penilaian tergantung pada likuiditas, depending on liquidity, concentration, uncertainty of
konsentrasi, faktor ketidakpastian pasar, asumsi market factors, pricing assumptions, and other risks.
harga, dan risiko lainnya.
c. Imbalan pensiun c. Pension benefits
Manfaat pensiun tergantung pada beberapa faktor The present value of the pension obligations depends
yang ditentukan dengan dasar aktuarial berdasarkan on a number of factors that are determined on an
beberapa asumsi. Asumsi yang digunakan untuk actuarial basis using a number of assumptions. The
menentukan biaya (penghasilan) pensiun neto assumptions used in determining the net cost
mencakup tingkat diskonto, asumsi yang digunakan (income) for pensions include the discount rate, the
dalam menentukan biaya/(pendapatan) untuk imbalan assumptions used in determining the net
kerja karyawan antara lain tingkat diskonto, tingkat cost/(income) for employee’s benefit included the
kenaikan gaji di masa datang, tingkat pengembalian discount rate, salary increment rate, expected return
investasi, tingkat pengunduran diri, tingkat mortalita on investmens, resignation rate, mortality rate and
dan lain-lain. Perubahan asumsi ini akan others. Any changes in these assumptions will impact
mempengaruhi jumlah tercatat liabilitas pensiun. the carrying amount of pension obligations.
Bank CIMB Niaga dan Entitas Anak menentukan Bank CIMB Niaga and Subsidiaries determine the
tingkat diskonto yang sesuai pada akhir periode appropriate discount rate at the end of each reporting
pelaporan, yakni tingkat suku bunga yang harus period. This is the interest rate that should be used to
digunakan untuk menentukan nilai kini arus kas keluar determine the present value of estimated future cash
masa depan estimasian yang diharapkan untuk outflows expected to be required to settle the pension
menyelesaikan liabilitas pensiun. Dalam menentukan obligations. In determining the appropriate discount
tingkat suku bunga yang sesuai, Bank CIMB Niaga rate, Bank CIMB Niaga and Subsidiaries considers
dan Entitas Anak mempertimbangkan tingkat suku the interest rates of Government Bonds that are
denominated in the currency in which the benefits will
bunga Obligasi Pemerintah yang didenominasikan
be paid and that have terms to maturity approximating
dalam mata uang imbalan akan dibayar dan memiliki
the terms of the related pension obligation.
jangka waktu yang serupa dengan jangka waktu
liabilitas pensiun yang terkait.
Tingkat kenaikan gaji per tahun didasarkan pada Annual salary increment rate is determined based on
informasi historis atas tingkat kenaikan gaji historical information of previous salary increment
sebelumnya, tingkat inflasi dan masa kerja. rate, inflation rate and length of service.
Asumsi tingkat mortalitas telah didasarkan pada tabel Mortality rate assumption is based on the latest
mortalita terbaru yang dihitung dengan menggunakan mortality table which is calculated using actuarial
metode aktuaria yang diterima secara umum. method that is generally accepted.
Halaman – 5/66 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 716
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
3. PENGGUNAAN ESTIMASI DAN PERTIMBANGAN 3. USE OF SIGNIFICANT ACCOUNTING ESTIMATES AND
AKUNTANSI YANG PENTING (lanjutan) JUDGEMENTS (continued)
c. Imbalan pensiun (lanjutan) c. Pension benefits (continued)
Tingkat pengembalian investasi didasarkan pada Expected rate of return on investment is based on
informasi historis dan proyeksi pasar ke depan. historical information and future market projections.
Asumsi tingkat pengunduran diri didasarkan pada Resignation rate assumption is based on historical
informasi historis. information.
d. Pajak penghasilan d. Income taxes
Pertimbangan yang signifikan diperlukan dalam Significant judgment is required in determining the tax
menentukan penyisihan pajak. allowance.
Bank CIMB Niaga dan Entitas Anak memelihara Bank CIMB Niaga and Subsidiaries maintain a
provisi untuk posisi pajak terhadap sengketa pajak provision for tax positions for ongoing tax disputes
yang masih berjalan yang dibuat dengan which are made using the best estimate based on
menggunakan estimasi terbaik berdasarkan penilaian assessment of all factors relating to the tax positions
atas semua faktor yang berkaitan dengan posisi pajak of Bank CIMB Niaga and Subsidiaries. Bank CIMB
Bank CIMB Niaga dan Entitas Anak. Bank CIMB Niaga Niaga and Subsidiaries review the adequacy of these
dan Entitas Anak mengkaji kecukupan ketentuan provisions at the end of each reporting period and
tersebut pada setiap akhir periode pelaporan dan adjust them based on changing facts and
menyesuaikannya berdasarkan fakta dan keadaan circumstances and the impact will be recorded in
yang berubah dan dampaknya akan dicatat dalam profit or loss.
laba rugi.
Manajemen berkeyakinan bahwa penyelesaian akhir Management believes that the ultimate resolution of
dari hal-hal tersebut, baik secara individu maupun any such matters, individually or in the aggregate, will
secara keseluruhan, tidak akan berdampak negatif not have a material adverse impact on the Bank and
secara material terhadap kondisi keuangan Bank dan Subsidiaries’ financial condition taken as a whole.
Entitas Anak secara keseluruhan.
e. Cadangan kompensasi berbasis saham e. Share-based compensation reserve
Nilai wajar opsi yang diberikan: The fair value of the options granted:
- termasuk kondisi kinerja pasar (misalnya, harga - including any market performance conditions
saham entitas); (for example, an entity’s share price);
- tidak termasuk dampak dari jasa dan kondisi - excluding the impact of any service and
vesting yang tidak dipengaruhi kinerja pasar nonmarket performance vesting conditions (for
(misalnya, profitabilitas, target pertumbuhan example, profitability, sale growth targets and
penjualan dan tetap menjadi karyawan remain as employee of the entity over a specified
perusahaan selama periode waktu tertentu); dan time period); and
- termasuk dampak dari kondisi non-vesting. - including the impact of any non-vesting
conditions.
Syarat jasa dan syarat yang tidak dipengaruhi kinerja Non-market performance and service conditions are
pasar dimasukkan di dalam asumsi mengenai jumlah included in assumptions about the number of options
opsi yang diharapkan akan vest. that are expected to vest.
Halaman – 5/67 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 717
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
4. KAS 4. CASH
2025 2024 2023
Rupiah 2,748,905 2,812,040 2,948,438 Rupiah
Mata uang asing Foreign currencies
Dolar Amerika Serikat 395,989 456,490 358,888 United States Dollar
Euro 215,205 136,307 264,020 Euro
Dolar Singapura 107,517 77,898 183,098 Singapore Dollar
Dolar Australia 82,313 43,493 102,526 Australian Dollar
Yen Jepang 30,885 21,697 15,030 Japanese Yen
Pound Sterling Britania Raya 21,223 17,801 7,548 Great Britain Pound Sterling
Riyal Saudi Arabia 13,586 17,254 23,833 Saudi Arabian Riyal
Franc Swiss 11,576 21,516 11,487 Swiss Franc
Dolar Kanada 9,000 23,785 583 Canadian Dollar
Dolar Hong Kong 5,964 9,249 5,709 Hong Kong Dollar
Lain-lain 15,181 12,607 7,286 Others
3,657,344 3,650,137 3,928,446
Kas dalam mata uang asing lain-lain terdiri dari Cash in other foreign currencies are denominated in
Dolar Selandia Baru, Won Korea Selatan, Ringgit New Zealand Dollar, South Korean Won, Malaysian
Malaysia, Baht Thailand, dan Yuan China. Ringgit, Thailand Baht, and Chinese Yuan.
Pada tanggal 31 Desember 2025, saldo dalam mata uang As at 31 December 2025, the Rupiah balance includes
Rupiah termasuk uang pada Anjungan Tunai Mandiri cash in Automatic Teller Machines (“ATMs”) amounting to
(“ATM”) berjumlah Rp 306.855 (2024: Rp 322.442; Rp 306,855 (2024: Rp 322,442; 2023: Rp 226,017).
2023: Rp 226.017).
5. GIRO PADA BANK INDONESIA 5. CURRENT ACCOUNTS WITH BANK INDONESIA
2025 2024 2023
Rupiah 9,820,310 8,398,250 11,707,048 Rupiah
Dolar Amerika Serikat 1,850,295 1,592,459 1,473,206 United States Dollar
11,670,605 9,990,709 13,180,254
Pada tanggal 31 Desember 2025, di dalam giro pada As at 31 December 2025, current accounts with Bank
Bank Indonesia terdapat giro yang didasarkan pada Indonesia include current account based on sharia banking
prinsip perbankan syariah sebesar Rp 3.146.323 principle amounting to Rp 3,146,323 (2024: Rp 2,829,486;
(2024: Rp 2.829.486; 2023: Rp 1.679.598). 2023: Rp 1,679,598).
Halaman – 5/68 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 718
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
6. GIRO PADA BANK LAIN 6. CURRENT ACCOUNTS WITH OTHER BANKS
a. Berdasarkan mata uang a. By currency
2025 2024 2023
Rupiah 168,598 68,226 352,004 Rupiah
Mata uang asing Foreign currencies
Dolar Amerika Serikat 588,993 719,624 544,488 United States Dollar
Dolar Singapura 335,785 138,709 289,486 Singapore Dollar
Euro 191,657 197,980 174,170 Euro
Yen Jepang 187,537 445,139 754,651 Japanese Yen
Pound Sterling Britania Raya 110,043 167,235 170,260 Great Britain Pound Sterling
Dolar Australia 101,875 492,766 111,146 Australian Dollar
Dolar Selandia Baru 63,855 53,694 18,368 New Zealand Dollar
Ringgit Malaysia 34,182 44,497 8,916 Malaysian Ringgit
Dolar Hong Kong 25,678 20,847 55,572 Hong Kong Dollar
Yuan Cina 20,816 68,644 175,137 Chinese Yuan
Dolar Kanada 19,599 29,938 19,120 Canadian Dollar
Riyal Saudi Arabia 9,299 30,975 3,265 Saudi Arabian Riyal
Lain-lain 49,949 30,643 26,683 Others
1,907,866 2,508,917 2,703,266
Termasuk dalam lain-lain adalah mata uang asing Included in others are foreign currencies
dalam Franc Swiss, Won Korea Selatan, dan denominated in Swiss Franc, South Korean Won,
Baht Thailand. and Thailand Baht.
b. Berdasarkan transaksi dengan pihak berelasi b. By transactions with related party
Giro pada bank lain dari pihak berelasi diungkapkan Current accounts with other banks from related
dalam Catatan 48. parties are disclosed in Note 48.
c. Cadangan kerugian penurunan nilai c. Allowance for impairment losses
Manajemen berpendapat bahwa tidak terdapat Management believes that there was no impaired
penurunan nilai atas giro pada bank lain sehingga tidak current account with other banks therefore no
diperlukan cadangan kerugian penurunan nilai. allowance for impairment losses was needed.
d. Berdasarkan jatuh tempo d. By maturity date
Informasi mengenai jatuh tempo diungkapkan pada Information in respect of maturities is disclosed in
Catatan 55. Note 55.
Halaman – 5/69 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 719
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
7. PENEMPATAN PADA BANK LAIN DAN BANK 7. PLACEMENT WITH OTHER BANKS AND BANK
INDONESIA INDONESIA
a. Berdasarkan jenis, mata uang, dan nama bank a. By type, currency, and bank’s name
2025 2024 2023
Rupiah Rupiah
Fasilitas Simpanan Bank Syariah Bank Indonesia Sharia Deposit Facility
Indonesia ("FASBIS") ("FASBIS")
Bank Indonesia 8,453,988 2,000,292 1,850,809 Bank Indonesia
Deposito Berjangka Time deposits
PT Bank Rakyat Indonesia (Persero) Tbk 7,300 300 - PT Bank Rakyat Indonesia (Persero) Tbk
PT Bank Tabungan Negara (Persero) Tbk 1,500 - - PT Bank Tabungan Negara (Persero) Tbk
PT Bank Mega Tbk 400 - - PT Bank Mega Tbk
Jumlah Rupiah 8,463,188 2,000,592 1,850,809 Total Rupiah
Mata Uang Asing Foreign Currencies
Deposito Berjangka Time deposits
Dolar Amerika Serikat United States Dollar
Bank Indonesia 2,784,725 2,848,815 2,401,933 Bank Indonesia
Call Money Call Money
Dolar Amerika Serikat United States Dollar
PT Bank Danamon Indonesia Tbk 133,400 - - PT Bank Danamon Indonesia Tbk
PT Bank Nationalnobu Tbk 83,375 - - PT Bank Nationalnobu Tbk
PT Bank ANZ Indonesia 83,375 - - PT Bank ANZ Indonesia
PT Bank IBK Indonesia Tbk 83,375 - - PT Bank IBK Indonesia Tbk
PT Bank CTBC Indonesia 16,675 - PT Bank CTBC Indonesia
Bank of New York, NY - 158,050 280,249 Bank of New York, NY
Wells Fargo Bank NA, NY - 40,238 - Wells Fargo Bank NA, NY
Indover Bank - - 8,711 Indover Bank
Dolar Singapura Singapore Dollar
ING Bank N.V 194,475 - - ING Bank N.V
Jumlah Mata Uang Asing 3,379,400 3,047,103 2,690,893 Total Foreign Currencies
11,842,588 5,047,695 4,541,702
Dikurangi: Less:
Cadangan kerugian penurunan nilai (71) - (8,714) Allowance for impairment losses
11,842,517 5,047,695 4,532,988
b. Berdasarkan tahapan b. By staging
2025 2024 2023
Konvensional Conventional
Tahap 1 3,388,600 3,047,403 2,682,182 Stage 1
Tahap 3 - - 8,711 Stage 3
3,388,600 3,047,403 2,690,893
Syariah 8,453,988 2,000,292 1,850,809 Sharia
11,842,588 5,047,695 4,541,702
Dikurangi: Less:
Cadangan kerugian penurunan nilai (71) - (8,714) Allowance for impairment losses
11,842,517 5,047,695 4,532,988
Halaman – 5/70 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 720
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
7. PENEMPATAN PADA BANK LAIN DAN BANK 7. PLACEMENT WITH OTHER BANKS AND BANK
INDONESIA (lanjutan) INDONESIA (continued)
c. Berdasarkan transaksi dengan pihak berelasi c. By transactions with related party
Pada tanggal 31 Desember 2025, 2024, dan 2023, As at 31 December 2025, 2024, and 2023, there was
tidak terdapat penempatan pada pihak berelasi. no placement with related party.
d. Berdasarkan sisa umur jatuh tempo d. By remaining period to maturity
2025 2024 2023
< 1 bulan 11,842,288 5,047,395 4,541,702 < 1 month
> 1 bulan - 3 bulan 300 300 - > 1 month - 3 months
11,842,588 5,047,695 4,541,702
Dikurangi: Less:
Cadangan kerugian penurunan nilai (71) - (8,714) Less: Allowance for impairment losses
11,842,517 5,047,695 4,532,988
e. Penempatan pada bank lain yang digunakan e. Placement with other banks pledged as collateral
sebagai jaminan
Pada tanggal 31 Desember 2025, 2024, dan 2023, As at 31 December 2025, 2024, and 2023, there was
tidak terdapat penempatan yang dijaminkan. no placement pledged as collateral.
f. Tingkat suku bunga per tahun f. Annual interest rates
2025 2024 2023
Rupiah 3.00% - 4.75% 4.53% - 5.25% 5.25% - 5.58% Rupiah
Mata Uang Asing 1.30% - 4.15% 2.60% - 3.34% 2.00% - 5.67% Foreign Currencies
g. Mutasi penempatan pada Bank lain dan Bank g. Movement of placement with other Banks and
Indonesia Bank Indonesia
Mutasi penempatan pada Bank lain dan Bank The movement of placement with other Banks and
Indonesia berdasarkan tahapan adalah: Bank Indonesia based on staging were as follows:
2025
Konvensional/Conventional
Tahap/ Tahap/
Stage 3 Stage 3
Tahap/ Tahap/ Kolektif/ Individual/ Jumlah/ Syariah/ Jumlah/
Stage 1 Stage 2 Collective Individual Total Sharia Total
Saldo awal 3,047,403 - - - 3,047,403 2,000,292 5,047,695 Beginning balance
Penambahan penempatan baru 1,262,403,194 - - - 1,262,403,194 174,131,050 1,436,534,244 New placement originated
Pelepasan penempatan (1,262,061,997) - - - (1,262,061,997) (167,677,354) (1,429,739,351) Derecognition of placement
Saldo akhir 3,388,600 - - - 3,388,600 8,453,988 11,842,588 Ending balance
Halaman – 5/71 – Page
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Page 721
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
7. PENEMPATAN PADA BANK LAIN DAN BANK 7. PLACEMENT WITH OTHER BANKS AND BANK
INDONESIA (lanjutan) INDONESIA (continued)
g. Mutasi penempatan pada Bank lain dan Bank g. Movement of placement with other Banks and
Indonesia (lanjutan) Bank Indonesia (continued)
Mutasi penempatan pada Bank lain dan Bank The movement of placement with other Banks and
Indonesia berdasarkan tahapan adalah: (lanjutan) Bank Indonesia based on staging were as follows:
(continued)
2024
Konvensional/Conventional
Tahap/ Tahap/
Stage 3 Stage 3
Tahap/ Tahap/ Kolektif/ Individual/ Jumlah/ Syariah/ Jumlah/
Stage 1 Stage 2 Collective Individual Total Sharia Total
Saldo awal 2,682,182 - - 8,711 2,690,893 1,850,809 4,541,702 Beginning balance
Penambahan penempatan baru 718,651,913 - - - 718,651,913 30,841,060 749,492,973 New placement originated
Penghapusbukuan penempatan - - - (8,563) (8,563) - (8,563) Write-off of placement
Pelepasan penempatan (718,286,692) - - (551) (718,287,243) (30,691,577) (748,978,820) Derecognition of placement
Lain-lain *) - - - 403 403 - 403 Others *)
Saldo akhir 3,047,403 - - - 3,047,403 2,000,292 5,047,695 Ending balance
*) Termasuk selisih kurs karena penjabaran mata uang asing Include effect of foreign currency translation *)
2023
Konvensional/Conventional
Tahap/ Tahap/
Stage 3 Stage 3
Tahap/ Tahap/ Kolektif/ Individual/ Jumlah/ Syariah/ Jumlah/
Stage 1 Stage 2 Collective Individual Total Sharia Total
Saldo awal 8,868,211 - - 8,808 8,877,019 6,001,583 14,878,602 Beginning balance
Penambahan penempatan baru 887,868,689 - - - 887,868,689 60,606,933 948,475,622 New placement originated
Pelepasan penempatan (894,054,718) - - - (894,054,718) (64,757,707) (958,812,425) Derecognition of placement
Lain-lain *) - - - (97) (97) - (97) Others *)
Saldo akhir 2,682,182 - - 8,711 2,690,893 1,850,809 4,541,702 Ending balance
* ) Termasuk selisih kurs karena penjabaran mata uang asing Include effect of foreign currency translation *)
h. Cadangan kerugian penurunan nilai h. Allowance for impairment losses
Perubahan cadangan kerugian penurunan nilai Movements of allowance for impairment losses were
adalah: as follows:
2025
Konvensional/Conventional
Tahap/ Tahap/
Stage 3 Stage 3
Tahap/ Tahap/ Kolektif/ Individual/ Jumlah/ Syariah/ Jumlah/
Stage 1 Stage 2 Collective Individual Total Sharia Total
Saldo awal - - - - - - - Beginning balance
Jumlah yang dibebankan pada laba/rugi: Total charged to income statement:
Pembentukan selama tahun berjalan 71 - - - 71 - 71 Additional during the year
Saldo akhir 71 - - - 71 - 71 Ending balance
Halaman – 5/72 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 722
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
7. PENEMPATAN PADA BANK LAIN DAN BANK 7. PLACEMENT WITH OTHER BANKS AND BANK
INDONESIA (lanjutan) INDONESIA (continued)
h. Cadangan kerugian penurunan nilai (lanjutan) h. Allowance for impairment losses (continued)
Perubahan cadangan kerugian penurunan nilai Movements of allowance for impairment losses were
adalah: (lanjutan) as follows: (continued)
2024
Konvensional/Conventional
Tahap/ Tahap/
Stage 3 Stage 3
Tahap/ Tahap/ Kolektif/ Individual/ Jumlah/ Syariah/ Jumlah/
Stage 1 Stage 2 Collective Individual Total Sharia Total
Saldo awal 3 - - 8,711 8,714 - 8,714 Beginning balance
Jumlah yang dibebankan pada laba/rugi: Total charged to income statement:
Pemulihan selama tahun berjalan (3) - - (551) (554) - (554) Reversal during the year
Penghapusbukuan penempatan - - - (8,563) (8,563) - (8,563) Write-off of placement
Lain-lain *) - - - 403 403 - 403 Others *)
Saldo akhir - - - - - - - Ending balance
*) Termasuk selisih kurs karena penjabaran mata uang asing Include effect of foreign currency translation *)
2023
Konvensional/Conventional
Tahap/ Tahap/
Stage 3 Stage 3
Tahap/ Tahap/ Kolektif/ Individual/ Jumlah/ Syariah/ Jumlah/
Stage 1 Stage 2 Collective Individual Total Sharia Total
Saldo awal - - - 8,808 8,808 - 8,808 Beginning balance
Jumlah yang dibebankan pada laba/rugi: Total charged to income statement:
Pembentukan selama tahun berjalan - - - - - - - Additional during the year
Lain-lain *) 3 - - (97) (94) - (94) Others *)
Saldo akhir 3 - - 8,711 8,714 - 8,714 Ending balance
*) Termasuk selisih kurs karena penjabaran mata uang asing Include effect of foreign currency translation *)
Manajemen berpendapat bahwa jumlah cadangan Management believes the allowance for impairment
kerugian penurunan nilai yang dibentuk telah losses is adequate.
memadai.
Halaman – 5/73 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 723
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
8. EFEK-EFEK 8. MARKETABLE SECURITIES
a. Berdasarkan tujuan, jenis, dan mata uang a. By purpose, type, and currency
2025 2024 2023
Biaya perolehan diamortisasi Amortised cost
Rupiah Rupiah
Obligasi 551,000 719,250 622,500 Bonds
(Diskonto)/premi yang belum diamortisasi (205) (298) 208 Unamortised (discount)/premium
Nilai bersih 550,795 718,952 622,708 Net
Tagihan Wesel Ekspor 25,148 99,692 131,063 Bill receivables
Wesel Jangka Menengah - - 15,000 Medium Term Notes
Dolar Amerika Serikat United States Dollar
Tagihan Wesel Ekspor 92,470 105,016 285,920 Bill receivables
Jumlah biaya perolehan diamortisasi 668,413 923,660 1,054,691 Total amortised cost
Nilai wajar melalui penghasilan Fair value through
komprehensif lain other comprehensive income
Rupiah Rupiah
Obligasi 6,323,320 4,651,570 5,779,470 Bonds
Keuntungan/(kerugian) yang belum Unrealised gains/(losses) on
direalisasi atas kenaikan/(penurunan) nilai wajar 66,725 (47,603) (45,576) increase/(decrease) in fair value
Premi yang belum diamortisasi 2,929 10,619 30,686 Unamortised premium
Nilai bersih 6,392,974 4,614,586 5,764,580 Net
Sekuritas Rupiah Bank Indonesia 8,873,798 14,683,454 200,000 Sekuritas Rupiah Bank Indonesia
Keuntungan/(kerugian) yang belum Unrealised gains/(losses) on
direalisasi atas kenaikan/(penurunan) nilai wajar 9,073 6,939 (305) increase/(decrease) in fair value
Diskonto yang belum diamortisasi (270,541) (438,561) (5,919) Unamortised discount
Nilai bersih 8,612,330 14,251,832 193,776 Net
Dolar Amerika Serikat United States Dollar
Obligasi 1,160,780 1,173,921 981,189 Bonds
Keuntungan/(kerugian) yang belum Unrealised gains/(losses) on
direalisasi atas kenaikan/(penurunan) nilai wajar 16,113 (349) 7,735 increase/(decrease) in fair value
Diskonto yang belum diamortisasi (8,193) (20,100) (30,913) Unamortised discount
Nilai bersih 1,168,700 1,153,472 958,011 Net
Sukuk Bank Indonesia - - 30,794 Sukuk Bank Indonesia
Jumlah nilai wajar melalui Total fair value through
penghasilan komprehensif lain 16,174,004 20,019,890 6,947,161 other comprehensive income
Halaman – 5/74 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 724
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
8. EFEK-EFEK (lanjutan) 8. MARKETABLE SECURITIES (continued)
a. Berdasarkan tujuan, jenis, dan mata uang a. By purpose, type, and currency (continued)
(lanjutan)
2025 2024 2023
Nilai wajar melalui laba rugi Fair value through profit or loss
Rupiah Rupiah
Obligasi 233,200 390,580 1,283,446 Bonds
Keuntungan/(kerugian) yang belum Unrealised gains/(losses) on
direalisasi atas kenaikan/(penurunan) nilai wajar 2,742 (1,135) 4,257 increase/(decrease) in fair value
Nilai bersih 235,942 389,445 1,287,703 Net
Sekuritas Rupiah Bank Indonesia 3,310,948 2,175,883 59,929 Sekuritas Rupiah Bank Indonesia
Keuntungan/(kerugian) yang belum Unrealised gains/(losses) on
direalisasi atas kenaikan/(penurunan) nilai wajar (109,921) (84,915) (2,667) increase/(decrease) in fair value
Nilai bersih 3,201,027 2,090,968 57,262 Net
Dolar Amerika Serikat United States Dollar
Obligasi 59,813 42,040 58,601 Bonds
(Kerugian)/keuntungan yang belum Unrealised (losses)/gains on
direalisasi atas (penurunan)/kenaikan nilai wajar (12,385) (9,869) (2,325) (decrease)/increase in fair value
Nilai bersih 47,428 32,171 56,276 Net
Jumlah nilai wajar melalui laba rugi 3,484,397 2,512,584 1,401,241 Total fair value through profit or loss
Jumlah efek-efek 20,326,814 23,456,134 9,403,093 Total marketable securities
Dikurangi: Cadangan kerugian penurunan nilai (782) (840) (39,160) Less: Allowance for impairment losses
20,326,032 23,455,294 9,363,933
b. Berdasarkan tujuan, mata uang dan penerbit b. By purpose, currency and issuer
2025 2024 2023
Biaya perolehan diamortisasi Amortised cost
Rupiah Rupiah
PT Merdeka Battery Materials Tbk 149,871 149,790 - PT Merdeka Battery Materials Tbk
PT Indah Kiat Pulp and Paper Tbk 144,938 144,871 - PT Indah Kiat Pulp and Paper Tbk
PT Samudera Indonesia Tbk 99,975 99,969 99,939 PT Samudera Indonesia Tbk
PT Chandra Asri Petrochemical Tbk 90,000 90,000 90,000 PT Chandra Asri Petrochemical Tbk
PT Petrosea Tbk 45,975 45,961 - PT Petrosea Tbk
Lembaga Pembiayaan Ekspor Indonesia 20,036 20,111 20,172 Lembaga Pembiayaan Ekspor Indonesia
PT Polytama Propindo - 110,250 220,500 PT Polytama Propindo
PT Telekomunikasi Indonesia (Persero) Tbk - 58,000 58,000 PT Telekomunikasi Indonesia (Persero) Tbk
PT Sinar Mas Resources and Technology Tbk - - 50,000 PT Sinar Mas Resources and Technology Tbk
PT Tunas Baru Lampung Tbk - - 34,984 PT Tunas Baru Lampung Tbk
PT Perusahaan Listrik Negara (Persero) - - 25,042 PT Perusahaan Listrik Negara (Persero)
PT Sarana Multi Infrastruktur (Persero) - - 20,057 PT Sarana Multi Infrastruktur (Persero)
PT Arpeni Pratama Ocean Line Tbk - - 15,000 PT Arpeni Pratama Ocean Line Tbk
PT Adira Dinamika Multi Finance Tbk - - 4,014 PT Adira Dinamika Multi Finance Tbk
Perusahaan lainnya (Tagihan Wesel Ekspor) 25,148 99,692 131,063 Other companies (Bill receivables)
575,943 818,644 768,771
Dolar Amerika Serikat United States Dollar
Perusahaan lainnya (Tagihan Wesel Ekspor) 92,470 105,016 285,920 Other companies (Bill receivables)
92,470 105,016 285,920
Jumlah biaya perolehan diamortisasi 668,413 923,660 1,054,691 Total amortised cost
Halaman – 5/75 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 725
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
8. EFEK-EFEK (lanjutan) 8. MARKETABLE SECURITIES (continued)
b. Berdasarkan tujuan, mata uang dan penerbit b. By purpose, currency and issuer (continued)
(lanjutan)
2025 2024 2023
Nilai wajar melalui penghasilan Fair value through
komprehensif lain other comprehensive income
Rupiah Rupiah
Bank Indonesia 8,612,330 14,251,832 193,776 Bank Indonesia
PT Sarana Multigriya Finansial (Persero) 919,123 946,853 608,883 PT Sarana Multigriya Finansial (Persero)
PT Sarana Multi Infrastruktur (Persero) 777,371 473,289 426,168 PT Sarana Multi Infrastruktur (Persero)
PT Adira Dinamika Multi Finance Tbk 723,821 462,893 434,257 PT Adira Dinamika Multi Finance Tbk
PT Pegadaian (Persero) 485,632 7,865 395,522 PT Pegadaian (Persero)
PT Tower Bersama Infrastructure Tbk 467,540 368,118 485,346 PT Tower Bersama Infrastructure Tbk
PT Astra Sedaya Finance 413,008 161,963 332,554 PT Astra Sedaya Finance
PT Bussan Auto Finance 400,698 198,774 341,444 PT Bussan Auto Finance
PT Federal International Finance 357,537 258,480 298,533 PT Federal International Finance
PT Bank Rakyat Indonesia (Persero) Tbk 223,447 246,373 232,155 PT Bank Rakyat Indonesia (Persero) Tbk
PT Maybank Indonesia Finance 198,771 86,368 161,452 PT Maybank Indonesia Finance
PT Bank Mandiri (Persero) Tbk 162,803 48,580 48,547 PT Bank Mandiri (Persero) Tbk
PT Bank Pan Indonesia Tbk 161,112 - - PT Bank Pan Indonesia Tbk
PT Permodalan Nasional Madani 155,498 140,633 100,713 PT Permodalan Nasional Madani
PT Wahana Ottomitra Multiartha Tbk 145,892 193,926 203,331 PT Wahana Ottomitra Multiartha Tbk
PT Toyota Astra Financial Services 141,555 80,400 88,196 PT Toyota Astra Financial Services
PT Mandiri Tunas Finance 131,849 227,006 226,538 PT Mandiri Tunas Finance
PT Bank SMBC Indonesia Tbk 101,105 - 40,286 PT Bank SMBC Indonesia Tbk
PT Hino Finance Indonesia 75,491 74,347 29,781 PT Hino Finance Indonesia
PT Profesional Telekomunikasi Indonesia 75,481 74,319 74,308 PT Profesional Telekomunikasi Indonesia
PT Kereta Api Indonesia (Persero) 73,419 50,426 - PT Kereta Api Indonesia (Persero)
PT Bank OCBC NISP Tbk 50,895 - - PT Bank OCBC NISP Tbk
PT Perusahaan Listrik Negara (Persero) 46,494 75,603 101,878 PT Perusahaan Listrik Negara (Persero)
PT Bank Syariah Indonesia Tbk 33,269 82,348 - PT Bank Syariah Indonesia Tbk
Lembaga Pembiayaan Ekspor Indonesia 27,185 36,241 793,854 Lembaga Pembiayaan Ekspor Indonesia
PT Indosat Tbk 23,648 277,947 252,523 PT Indosat Tbk
PT Semen Indonesia (Persero) Tbk 20,330 20,514 20,716 PT Semen Indonesia (Persero) Tbk
PT Telekomunikasi Indonesia (Persero) Tbk - 21,320 - PT Telekomunikasi Indonesia (Persero) Tbk
PT Bank Tabungan Negara (Persero) Tbk - - 30,274 PT Bank Tabungan Negara (Persero) Tbk
PT Bank Maybank Indonesia Tbk - - 30,250 PT Bank Maybank Indonesia Tbk
PT Pupuk Indonesia (Persero) - - 7,071 PT Pupuk Indonesia (Persero)
15,005,304 18,866,418 5,958,356
Dolar Amerika Serikat United States Dollar
PT Perusahaan Listrik Negara (Persero) 584,046 552,235 493,414 PT Perusahaan Listrik Negara (Persero)
PT Bank Negara Indonesia (Persero) Tbk 291,351 272,625 - PT Bank Negara Indonesia (Persero) Tbk
PT Pertamina (Persero) 123,959 114,980 106,562 PT Pertamina (Persero)
PT Bank Mandiri (Persero) Tbk 118,691 165,662 133,246 PT Bank Mandiri (Persero) Tbk
PT Pertamina Geothermal Energy Tbk 50,653 47,970 46,397 PT Pertamina Geothermal Energy Tbk
PT Bank Rakyat Indonesia (Persero) Tbk - - 135,564 PT Bank Rakyat Indonesia (Persero) Tbk
Lembaga Pembiayaan Ekspor Indonesia - - 42,828 Lembaga Pembiayaan Ekspor Indonesia
Bank Indonesia - - 30,794 Bank Indonesia
1,168,700 1,153,472 988,805
Jumlah nilai wajar melalui Total fair value through
penghasilan komprehensif lain 16,174,004 20,019,890 6,947,161 other comprehensive income
Halaman – 5/76 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 726
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
8. EFEK-EFEK (lanjutan) 8. MARKETABLE SECURITIES (continued)
b. Berdasarkan tujuan, mata uang, dan penerbit b. By purpose, currency, and issuer (continued)
(lanjutan)
2025 2024 2023
Nilai wajar melalui laba rugi Fair value through profit or loss
Rupiah Rupiah
Bank Indonesia 3,201,027 2,090,968 57,262 Bank Indonesia
PT Pegadaian (Persero) 44,066 199 89,716 PT Pegadaian (Persero)
PT Merdeka Battery Materials Tbk 33,022 - - PT Merdeka Battery Materials Tbk
PT Adira Dinamika Multi Finance Tbk 30,516 29,890 127,233 PT Adira Dinamika Multi Finance Tbk
PT Astra Sedaya Finance 28,832 2,096 28,647 PT Astra Sedaya Finance
PT Bank Negara Indonesia (Persero) Tbk 26,869 398 - PT Bank Negara Indonesia (Persero) Tbk
PT Indah Kiat Pulp and Paper Tbk 23,331 23,259 20 PT Indah Kiat Pulp and Paper Tbk
PT Bank Mandiri (Persero) Tbk 10,707 - 2,786 PT Bank Mandiri (Persero) Tbk
PT Kereta Api Indonesia (Persero) 10,423 37,945 5 PT Kereta Api Indonesia (Persero)
PT Tower Bersama Infrastructure Tbk 9,216 14,989 225,692 PT Tower Bersama Infrastructure Tbk
PT Perusahaan Listrik Negara (Persero) 7,890 1,927 32,943 PT Perusahaan Listrik Negara (Persero)
PT Bank Tabungan Negara (Persero) Tbk 3,020 - - PT Bank Tabungan Negara (Persero) Tbk
PT Bank Rakyat Indonesia (Persero) Tbk 1,797 4,327 74,945 PT Bank Rakyat Indonesia (Persero) Tbk
PT Merdeka Copper Gold Tbk 1,466 79,984 65,815 PT Merdeka Copper Gold Tbk
PT Chandra Asri Petrochemical Tbk 1,140 - 63,059 PT Chandra Asri Petrochemical Tbk
PT Federal International Finance 1,003 30,814 4,041 PT Federal International Finance
PT Mandiri Tunas Finance 768 49,424 53,610 PT Mandiri Tunas Finance
PT Wahana Ottomitra Multiartha Tbk 411 - 10,025 PT Wahana Ottomitra Multiartha Tbk
PT Sarana Multi Infrastruktur (Persero) 403 - 73,312 PT Sarana Multi Infrastruktur (Persero)
PT Indosat Tbk 316 33,051 35,708 PT Indosat Tbk
PT Toyota Astra Financial Services 306 14,301 29,045 PT Toyota Astra Financial Services
PT Medco Energi Internasional Tbk 210 - 50 PT Medco Energi Internasional Tbk
PT Bank OCBC NISP Tbk 132 - - PT Bank OCBC NISP Tbk
PT Bank Syariah Indonesia Tbk 52 - - PT Bank Syariah Indonesia Tbk
PT Indomobil Finance Indonesia 46 - - PT Indomobil Finance Indonesia
PT Bussan Auto Finance - 34,743 9,990 PT Bussan Auto Finance
PT Sarana Multigriya Finansial (Persero) - 29,779 - PT Sarana Multigriya Finansial (Persero)
PT Bank Pan Indonesia Tbk - 2,319 - PT Bank Pan Indonesia Tbk
PT Pupuk Indonesia (Persero) - - 141,021 PT Pupuk Indonesia (Persero)
PT Maybank Indonesia Finance - - 62,196 PT Maybank Indonesia Finance
Lembaga Pembiayaan Ekspor Indonesia - - 54,035 Lembaga Pembiayaan Ekspor Indonesia
PT Mora Telematika Indonesia Tbk - - 26,762 PT Mora Telematika Indonesia Tbk
PT Bank SMBC Indonesia Tbk - - 20,143 PT Bank SMBC Indonesia Tbk
PT Indonesia Infrastructure Finance - - 20,022 PT Indonesia Infrastructure Finance
PT Hino Finance Indonesia - - 19,854 PT Hino Finance Indonesia
PT Permodalan Nasional Madani - - 9,383 PT Permodalan Nasional Madani
PT Profesional Telekomunikasi Indonesia - - 4,954 PT Profesional Telekomunikasi Indonesia
PT Semen Indonesia (Persero) Tbk - - 2,691 PT Semen Indonesia (Persero) Tbk
3,436,969 2,480,413 1,344,965
Dolar Amerika Serikat United States Dollar
PT Pertamina (Persero) 29,972 16,770 6,052 PT Pertamina (Persero)
PT Perusahaan Listrik Negara (Persero) 17,238 14,566 17,837 PT Perusahaan Listrik Negara (Persero)
PT Bank Mandiri (Persero) Tbk 218 835 32,387 PT Bank Mandiri (Persero) Tbk
47,428 32,171 56,276
Jumlah nilai wajar melalui laba rugi 3,484,397 2,512,584 1,401,241 Total fair value through profit or loss
Jumlah efek-efek 20,326,814 23,456,134 9,403,093 Total marketable securities
Dikurangi: Cadangan kerugian penurunan nilai (782) (840) (39,160) Less: Allowance for impairment losses
20,326,032 23,455,294 9,363,933
Halaman – 5/77 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 727
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
8. EFEK-EFEK (lanjutan) 8. MARKETABLE SECURITIES (continued)
c. Berdasarkan tahapan c. By staging
2025 2024 2023
Tahap 1 20,326,814 23,456,134 9,322,315 Stage 1
Tahap 3 - - 49,984 Stage 3
20,326,814 23,456,134 9,372,299
Syariah - - 30,794 Sharia
20,326,814 23,456,134 9,403,093
Dikurangi: Cadangan kerugian penurunan nilai (782) (840) (39,160) Less: Allowance for impairment losses
20,326,032 23,455,294 9,363,933
d. Berdasarkan sisa umur jatuh tempo d. By remaining period to maturity
Saldo efek-efek pada tanggal 31 Desember 2025, As at 31 December 2025, 2024, and 2023, the
2024, dan 2023, berdasarkan sisa umur jatuh tempo balance of marketable securities according to
adalah: remaining periods to maturity were as follows:
2025 2024 2023
< 1 bulan 290,843 702,568 166,003 < 1 month
> 1 - ≤ 3 bulan 885,418 3,331,834 945,809 > 1 - ≤ 3 months
> 3 - ≤ 12 bulan 13,057,757 14,408,451 3,153,400 > 3 - ≤ 12 months
> 1 - ≤ 5 tahun 5,977,824 4,923,952 5,078,432 > 1 - ≤ 5 years
> 5 tahun 114,972 89,329 59,449 > 5 years
20,326,814 23,456,134 9,403,093
Dikurangi: Cadangan kerugian penurunan nilai (782) (840) (39,160) Less: Allowance for impairment losses
20,326,032 23,455,294 9,363,933
e. Efek-efek yang dijadikan jaminan e. Marketable securities pledged as collateral
Pada tanggal 31 Desember 2025, efek-efek yang As at 31 December 2025, marketable securities
dijadikan jaminan untuk efek-efek yang dijual dengan pledged as collateral for a securities sold under
janji dibeli kembali sebesar Rp 2.500.000 repurchased agreements amounting to Rp 2,500,000
(2024: Rp 2.350.000; 2023: Rp nihil). (2024: Rp 2,350,000; 2023: Rp nil).
f. Berdasarkan efek Bank Indonesia serta f. By Bank Indonesia’s and other companies’
perusahaan lain marketable securities
2025 2024 2023
Bank Indonesia 11,813,357 16,342,800 281,832 Bank Indonesia
Perusahaan lain 8,513,457 7,113,334 9,121,261 Other companies
20,326,814 23,456,134 9,403,093
Dikurangi: Cadangan kerugian penurunan nilai (782) (840) (39,160) Less: Allowance for impairment losses
20,326,032 23,455,294 9,363,933
g. Tingkat suku bunga per tahun g. Annual interest rates
2025 2024 2023
Rupiah 4.15% - 11.00% 5.50% - 11.20% 5.30% - 11.20% Rupiah
Mata uang asing 1.40% - 6.45% 1.40% - 6.45% 1.40% - 5.63% Foreign currency
Halaman – 5/78 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 728
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
8. EFEK-EFEK (lanjutan) 8. MARKETABLE SECURITIES (continued)
h. Mutasi efek-efek h. Movement of marketable securities
Mutasi efek efek berdasarkan tahapan adalah: The movement of marketable securities based on st
aging were as follows:
2025
Konvensional/Conventional
Tahap/ Tahap/
Stage 3 Stage 3
Tahap/ Tahap/ Kolektif/ Individual/ Jumlah/ Syariah/ Jumlah/
Stage 1 Stage 2 Collective Individual Total Sharia Total
Saldo awal 23,456,134 - - - 23,456,134 - 23,456,134 Beginning balance
Penambahan efek-efek 19,130,567 - - - 19,130,567 - 19,130,567 Additional of marketable securities
Penjualan efek-efek (22,302,979) - - - (22,302,979) - (22,302,979) Sale of marketable securities
Lain-lain *) 43,092 - - - 43,092 - 43,092 Others *)
Saldo akhir 20,326,814 - - - 20,326,814 - 20,326,814 Ending balance
*) Termasuk di dalam lain-lain adalah selisih kurs penjabaran mata uang asing dan Included in others are foreign exchange rate translation and amortisation of premium/discount *)
amortisasi premi/diskonto
2024
Konvensional/Conventional
Tahap/ Tahap/
Stage 3 Stage 3
Tahap/ Tahap/ Kolektif/ Individual/ Jumlah/ Syariah/ Jumlah/
Stage 1 Stage 2 Collective Individual Total Sharia Total
Saldo awal 9,322,315 - 34,984 15,000 9,372,299 30,794 9,403,093 Beginning balance
Penambahan efek-efek 19,233,097 - - - 19,233,097 - 19,233,097 Additional of marketable securities
Penghapusbukuan efek-efek - - - (15,000) (15,000) - (15,000) Write-off of marketable securities
Efek-efek yang dipulihkan - - (34,984) - (34,984) - (34,984) Amount fully recovered
Penjualan efek-efek (5,188,452) - - - (5,188,452) (30,794) (5,219,246) Sale of marketable securities
Lain-lain *) 89,174 - - - 89,174 - 89,174 Others *)
Saldo akhir 23,456,134 - - - 23,456,134 - 23,456,134 Ending balance
*) Termasuk di dalam lain-lain adalah selisih kurs penjabaran mata uang asing dan Included in others are foreign exchange rate translation and amortisation of premium/discount *)
amortisasi premi/diskonto
2023
Konvensional/Conventional
Tahap/ Tahap/
Stage 3 Stage 3
Tahap/ Tahap/ Kolektif/ Individual/ Jumlah/ Syariah/ Jumlah/
Stage 1 Stage 2 Collective Individual Total Sharia Total
Saldo awal 5,678,125 34,968 - 15,000 5,728,093 100,000 5,828,093 Beginning balance
Perpindahan antar tahapan Transfer within stages
Pindah ke tahap 3 - (34,984) 34,984 - - - - Transfer to stage 3
Penambahan efek-efek 6,381,949 - - - 6,381,949 30,794 6,412,743 Additional of marketable securities
Penjualan efek-efek (2,765,255) - - - (2,765,255) (100,000) (2,865,255) Sale of marketable securities
Lain-lain *) 27,496 16 - - 27,512 - 27,512 Others *)
Saldo akhir 9,322,315 - 34,984 15,000 9,372,299 30,794 9,403,093 Ending balance
*) Termasuk di dalam lain-lain adalah selisih kurs penjabaran mata uang asing dan Included in others are foreign exchange rate translation and amortisation of premium/discount *)
amortisasi premi/diskonto
i. Cadangan kerugian penurunan nilai i. Allowance for impairment losses
Perubahan cadangan kerugian penurunan nilai Movements in the allowance for impairment losses
adalah sebagai berikut: were as follows:
2025
Konvensional/Conventional
Tahap/ Tahap/
Stage 3 Stage 3
Tahap/ Tahap/ Kolektif/ Individual/ Jumlah/ Syariah/ Jumlah/
Stage 1 Stage 2 Collective Individual Total Sharia Total
Saldo awal 840 - - - 840 - 840 Beginning balance
Jumlah yang dipulihkan pada laba/rugi: Total reversed to income statement:
Pemulihan selama tahun berjalan (58) - - - (58) - (58) Reversal during the year
Saldo akhir 782 - - - 782 - 782 Ending balance
Halaman – 5/79 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 729
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
8. EFEK-EFEK (lanjutan) 8. MARKETABLE SECURITIES (continued)
i. Cadangan kerugian penurunan nilai (lanjutan) i. Allowance for impairment losses (continued)
Perubahan cadangan kerugian penurunan nilai Movements in the allowance for impairment losses
adalah sebagai berikut: (lanjutan) were as follows: (continued)
2024
Konvensional/Conventional
Tahap/ Tahap/
Stage 3 Stage 3
Tahap/ Tahap/ Kolektif/ Individual/ Jumlah/ Syariah/ Jumlah/
Stage 1 Stage 2 Collective Individual Total Sharia Total
Saldo awal 2,865 - 21,295 15,000 39,160 - 39,160 Beginning balance
Jumlah yang dibebankan pada laba/rugi: Total charged to income statement:
Pemulihan selama tahun berjalan (2,025) - (21,295) - (23,320) - (23,320) Reversal during the year
Penghapusan selama tahun berjalan - - - (15,000) (15,000) - (15,000) Write-off during the year
Saldo akhir 840 - - - 840 - 840 Ending balance
2023
Konvensional/Conventional
Tahap/ Tahap/
Stage 3 Stage 3
Tahap/ Tahap/ Kolektif/ Individual/ Jumlah/ Syariah/ Jumlah/
Stage 1 Stage 2 Collective Individual Total Sharia Total
Saldo awal 2,029 1,171 - 15,000 18,200 228 18,428 Beginning balance
Perpindahan antar tahapan: Transfer within stages:
Pindah ke tahap 3 - (1,171) 1,171 - - - - Transfer to stage 3
Jumlah yang dibebankan pada laba/rugi: Total charged to income statement:
Penambahan/(pemulihan) selama tahun berjalan 836 - 20,124 - 20,960 (228) 20,732 Addition/(reversal) during the year
Saldo akhir 2,865 - 21,295 15,000 39,160 - 39,160 Ending balance
Perubahan cadangan kerugian penurunan nilai adalah Changes in allowance for impairment losses are for
untuk efek-efek dengan klasifikasi biaya perolehan marketable securities classified as amortised costs.
diamortisasi.
Pada tanggal 31 Desember 2025 efek-efek yang As at 31 December 2025 the impairment loss of
mengalami penurunan nilai (tahap 3) adalah sebesar marketable securities (stage 3) is amounting to Rp nil
Rp nihil (2024: Rp nihil; 2023: Rp 49.984). (2024: Rp nil; 2023: Rp 49,984).
Pada tanggal 31 Desember 2025, cadangan kerugian At at 31 December 2025, allowance for impairment
penurunan nilai pada efek-efek klasifikasi nilai wajar losses on marketable securities classified as fair value
melalui penghasilan komprehensif lain dicatat pada through other comprehensive income recorded in
penghasilan komprehensif lain sebesar Rp 10.557 other comprehensive income is amounting to
(2024: Rp 11.101; 2023: Rp 9.551). Rp 10,557 (2024: Rp 11,101; 2023: Rp9,551).
Manajemen berpendapat bahwa jumlah cadangan Management believes that the allowance for
kerugian penurunan nilai di atas telah memadai. impairment losses above is adequate.
j. Berdasarkan transaksi dengan pihak berelasi j. By transactions with related party
Pada tanggal 31 Desember 2025, 2024, dan 2023, As at 31 December 2025, 2024, and 2023, there were
tidak terdapat efek-efek dari pihak berelasi. no marketable securities from related party.
k. Informasi pokok lainnya sehubungan dengan k. Other significant information relating to
efek-efek marketable securities
Informasi peringkat atas efek-efek berdasarkan Information on the rating of marketable securities
lembaga pemeringkat - PT Pemeringkat Efek based on rating agencies - PT Pemeringkat Efek
Indonesia (PT Pefindo), Fitch, Moody’s dan S&P Indonesia (PT Pefindo), Fitch, Moody’s and S&P are
diungkapkan pada Catatan 52 (vii). disclosed in Note 52 (vii).
Halaman – 5/80 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 730
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
8. EFEK-EFEK (lanjutan) 8. MARKETABLE SECURITIES (continued)
l. Transaksi Lindung Nilai l. Hedge Transaction
Selama tahun yang berakhir 2025, 2024, dan 2023, During the year ended 2025, 2024, and 2023, Bank
Bank CIMB Niaga telah melakukan lindung nilai atas CIMB Niaga performed fair value hedged of corporate
nilai wajar obligasi korporasi sebesar Rp nihil dan bonds amount of Rp nil and USD nil million
USD nihil juta (2024: Rp nihil dan USD 22,33 juta; (2024: Rp nil and USD 22.33 million; 2023:
2023: Rp 658.750 dan USD 45,28 juta) dengan Rp 658,750 and USD 45.28 million) using interest rate
kontrak swap tingkat suku bunga, dengan nilai swap contracts with notional amount of Rp nil and
nosional sebesar Rp nihil dan USD 21,53 juta (2024: USD 21.53 million (2024: Rp nil and USD 21.53
Rp nihil dan USD 21,53 juta; 2023: Rp 600.000 dan million; 2023: Rp 600,000 and USD 43.27 million)
USD 43,27 juta) (lihat Catatan 11). (refer to Note 11).
Pada tanggal 31 Desember 2025, 2024, dan 2023, As at 31 December 2025, 2024, and 2023, Bank CIMB
Bank CIMB Niaga telah melakukan evaluasi terhadap Niaga has performed the hedging evaluation of bond
lindung nilai tersebut yang mana masih memenuhi fair value which still meets the criteria of hedge
kriteria akuntansi lindung nilai. accounting.
2025 2024 2023
(Kerugian)/keuntungan instrumen lindung nilai (8,507) 21,176 (1,631) (Losses)/gains on hedging instrument
Keuntungan/(kerugian) hedged item yang Gains/(losses) on hedged item
berhubungan dengan risiko yang dilindung nilai 7,941 (19,657) 1,305 attributable to hedged risk
(Kerugian)/keuntungan bersih dari transaksi lindung nilai (566) 1,519 (326) (Losses)/gains from hedging transaction
m. Informasi lain m. Other information
Selama tahun yang berakhir 31 Desember 2025, Bank During the year ended 31 December 2025, Bank CIMB
CIMB Niaga telah menjual efek-efek dengan Niaga has sold marketable securities with gains
keuntungan sebesar Rp 134.868 (2024: Rp 78.344; amounting to Rp134,868 (2024: Rp 78,344; 2023: Rp
2023: Rp 47.333) (lihat Catatan 40). 47,333) (refer to Note 40).
Selama tahun yang berakhir 31 Desember 2025, efek- During the year ended 31 December 2025, marketable
efek yang didasarkan pada prinsip perbankan syariah securities under sharia banking principle is amounting
adalah sebesar Rp nihil (2024: Rp nihil; 2023: to Rp nil (2024: Rp nil; 2023: Rp 30,794)
Rp 30.794)
Pada tanggal 31 Desember 2025, efek-efek memiliki As at 31 December 2025, marketable securities will
jatuh tempo pada beberapa tanggal antara tanggal mature on various dates between 2 January 2026 up
2 Januari 2026 sampai dengan tanggal to 25 February 2060 (2024: 3 January 2025 up to
25 Februari 2060 (2024: 3 Januari 2025 sampai 25 February 2060; 2023: 2 January 2024 up to
dengan tanggal 25 Februari 2060; 2023: 2 Januari 30 June 2050).
2024 sampai dengan tanggal 30 Juni 2050).
Halaman – 5/81 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 731
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
9. OBLIGASI PEMERINTAH 9. GOVERNMENT BONDS
a. Berdasarkan tujuan a. Based on purpose
2025 2024 2023
Biaya perolehan diamortisasi Amortised cost
Nilai nominal 8,982,138 14,369,255 17,997,872 Nominal value
Premi yang belum diamortisasi 84,682 54,738 94,242 Unamortised premium
Jumlah biaya perolehan diamortisasi 9,066,820 14,423,993 18,092,114 Total amortised cost
Nilai wajar melalui penghasilan komprehensif lain Fair value through other comprehensive income
Nilai nominal 35,251,264 36,469,586 35,686,110 Nominal value
Keuntungan/(kerugian) yang belum Unrealised gains/(losses) on
direalisasi atas kenaikan/(penurunan) nilai wajar 473,800 (819,547) (562,018) increase/(decrease) in fair value
Premi yang belum diamortisasi 848,555 679,117 962,038 Unamortised premium
Jumlah nilai wajar melalui penghasilan komprehensif lain 36,573,619 36,329,156 36,086,130 Total fair value through other comprehensive income
Nilai wajar melalui laba rugi Fair value through profit or loss
Nilai nominal 18,499,937 19,602,641 15,796,100 Nominal value
Keuntungan/(kerugian) yang belum Unrealised gains/(losses) on
direalisasi atas kenaikan/(penurunan) nilai wajar 998,339 (1,163) 622,163 increase/(decrease) in fair value
Jumlah nilai wajar melalui laba rugi 19,498,276 19,601,478 16,418,263 Total fair value through profit or loss
Jumlah Obligasi Pemerintah 65,138,715 70,354,627 70,596,507 Total Government Bonds
Pada tanggal 31 Desember 2025, Obligasi As at 31 December 2025, Government Bonds in
Pemerintah dalam mata uang asing adalah sebesar foreign currencies amounting to Rp 4,963,127
Rp 4.963.127 (2024: Rp 5.620.122; 2023: (2024: Rp 5,620,122; 2023: Rp 4,653,621).
Rp 4.653.621).
b. Berdasarkan tujuan dan jatuh tempo b. Based on purpose and maturity
2025
≤ 1 bulan/ > 1 - ≤ 3 bulan/ > 3 - ≤ 12 bulan/ > 1 - ≤ 5 tahun/ > 5 tahun/ Jumlah/
month months months years years Total
Biaya perolehan diamortisasi 33,358 26,733 2,540,757 6,408,912 57,060 9,066,820 Amortised cost
Nilai wajar melalui penghasilan Fair value through other
komprehensif lain - - 5,609,302 27,090,726 3,873,591 36,573,619 comprehensive income
Fair value through
Nilai wajar melalui laba rugi 834 24,225 255,361 8,623,483 10,594,373 19,498,276 profit or loss
34,192 50,958 8,405,420 42,123,121 14,525,024 65,138,715
2024
≤ 1 bulan/ > 1 - ≤ 3 bulan/ > 3 - ≤ 12 bulan/ > 1 - ≤ 5 tahun/ > 5 tahun/ Jumlah/
month months months years years Total
Biaya perolehan diamortisasi 93,662 229,754 6,570,807 7,458,968 70,802 14,423,993 Amortised cost
Nilai wajar melalui penghasilan Fair value through other
komprehensif lain 64,257 - 3,436,669 22,403,379 10,424,851 36,329,156 comprehensive income
Fair value through
Nilai wajar melalui laba rugi 20,848 23,996 186,039 9,881,081 9,489,514 19,601,478 profit or loss
178,767 253,750 10,193,515 39,743,428 19,985,167 70,354,627
2023
≤ 1 bulan/ > 1 - ≤ 3 bulan/ > 3 - ≤ 12 bulan/ > 1 - ≤ 5 tahun/ > 5 tahun/ Jumlah/
month months months years years Total
Biaya perolehan diamortisasi 107,889 2,771,453 3,044,588 10,234,159 1,934,025 18,092,114 Amortised cost
Nilai wajar melalui penghasilan Fair value through other
komprehensif lain - 4,743,252 4,177,372 15,129,686 12,035,820 36,086,130 comprehensive income
Fair value through
Nilai wajar melalui laba rugi - 25,127 181,874 3,891,109 12,320,153 16,418,263 profit or loss
107,889 7,539,832 7,403,834 29,254,954 26,289,998 70,596,507
Halaman – 5/82 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 732
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
9. OBLIGASI PEMERINTAH (lanjutan) 9. GOVERNMENT BONDS (continued)
c. Tingkat suku bunga per tahun c. Annual interest rates
2025 2024 2023
Rupiah 4.12% - 12.00% 4.88% - 12.00% 4.88% - 12.00% Rupiah
Mata uang asing 1.85% - 8.50% 1.50% - 8.50% 0.33% - 8.50% Foreign currency
d. Obligasi Pemerintah yang dijadikan jaminan d. Government Bonds pledged as collateral
Pada tanggal 31 Desember 2025, Obligasi As at 31 December 2025, Government Bonds pledged
Pemerintah yang dijadikan jaminan untuk efek-efek as collateral for a securities sold under repurchased
yang dijual dengan janji dibeli kembali sebesar agreements amounting to Rp 8,990,000
Rp 8.990.000 (2024: Rp 9.430.000; (2024: Rp 9,430,000; 2023: Rp 20,852,000)
2023: Rp 20.852.000) (lihat Catatan 10b). (refer to Note 10b).
e. Transaksi Lindung Nilai e. Hedge Transaction
Selama tahun yang berakhir 31 Desember 2025, Bank During the period ended 31 December 2025, Bank
CIMB Niaga melakukan lindung nilai atas nilai wajar CIMB Niaga performed fair value hedged of
pada sebagian Obligasi Pemerintah sebesar Rp nihil, Government bonds amount of Rp nil, USD 28.19
USD 28,19 juta dan EUR 25 juta million and EUR 25 million (2024: Rp nil,
(2024: Rp nihil, USD 150,32 juta, dan EUR nihil; USD 150.32 million and EUR nil; 2023: Rp nil and
2023: Rp nihil dan USD 34,96 juta;) dengan kontrak 2023: USD 34.96 million) using interest rate swap
swap tingkat suku bunga, dengan nilai nosional contracts with notional amount of Rp nil,
sebesar Rp nihil, USD 31,20 juta dan EUR 22,95 juta USD 31.20 million and EUR 22.95 million
(2024: Rp nihil, USD 146,31 juta dan EUR nihil; 2023: (2024: Rp nil, USD 146.31 million and EUR nil;
Rp nihil dan USD 33,49 juta) (lihat Catatan 11). 2023: Rp nil and USD 33.49 million) (refer to Note 11).
Pada tanggal 31 Desember 2025, 2024, dan 2023, As at 31 December 2025, 2024, and 2023,
Bank CIMB Niaga telah melakukan evaluasi terhadap Bank CIMB Niaga has performed the hedging
lindung nilai dan hasilnya masih memenuhi kriteria evaluation of bond fair value and the result is still
akuntansi lindung nilai. meets the criteria of hedge accounting.
Hasil bersih dari keuntungan instrumen lindung nilai The net effect of the gains from the hedging instrument
dan kerugian hedged item yang dilindungi nilainya and losses from the hedged item (Government Bonds)
(Obligasi Pemerintah) disajikan pada tabel berikut ini: are summarised below:
2025 2024 2023
(Kerugian)/keuntungan instrumen lindung nilai (42,896) 33,732 15,475 (Losses)/gains on hedging instrument
Keuntungan/(kerugian) hedged item yang Gains/(losses) on hedged item
berhubungan dengan risiko yang dilindung nilai 42,601 (34,096) (9,049) attributable to hedged risk
(Kerugian)/keuntungan bersih dari transaksi lindung nilai (295) (364) 6,426 Net (losses)/gains from hedging transaction
f. Informasi lain f. Other information
Selama tahun yang berakhir 31 Desember 2025, Bank During the year ended 31 December 2025, Bank CIMB
CIMB Niaga telah menjual Obligasi Pemerintah Niaga has sold Government Bonds with total nominal
dengan jumlah nilai nominal sebesar Rp 648.186.252, value of Rp 648,186,252, USD 14,517.17 million,
USD 14.517,17 juta, EUR 28,15 juta, AUD 60,68 juta, EUR 28.15 million, AUD 60.68 million, and CNY 60.44
dan CNY 60,44 juta (2024: Rp 564.250.303, million (2024: Rp 564,250,303, USD 14,296.95 million,
USD 14.296,95 juta, EUR nihil, AUD nihil, dan EUR nil, AUD nil, and CNY nil; 2023: Rp 495,334,468
CNY nihil; 2023: Rp 495.334.468, USD 964,86 juta, and USD 964.86 million, EUR nil, AUD nil, and CNY
EUR nihil, AUD nihil, dan CNY nihil) dengan nil) with gains amounting to Rp 2,034,087 (2024:
keuntungan sebesar Rp 2.034.087 (2024: Rp 408,194; 2023: Rp 478,174;) (refer to Note 40).
Rp 408.194; 2023: Rp 478.174) (lihat Catatan 40)
Halaman – 5/83 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 733
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
9. OBLIGASI PEMERINTAH (lanjutan) 9. GOVERNMENT BONDS (continued)
f. Informasi lain (lanjutan) f. Other information (continued)
Manajemen berpendapat bahwa tidak terdapat Management believes that there was no impaired
penurunan nilai atas Obligasi Pemerintah sehingga Government Bonds therefore no allowance for
tidak diperlukan cadangan kerugian penurunan nilai. impairment losses was needed.
Pada tanggal 31 Desember 2025, Obligasi As at 31 December 2025, Government Bonds will
Pemerintah memiliki jatuh tempo pada beberapa mature on various dates between 8 January 2026 up
tanggal antara tanggal 8 Januari 2026 sampai dengan to 12 March 2071 (2024: 15 January 2025 up to
tanggal 12 Maret 2071 (2024: 15 Januari 2025 sampai 12 March 2071; 2023: 15 January 2024 up to
dengan tanggal 12 Maret 2071; 2023: 12 March 2071).
15 Januari 2024 sampai dengan tanggal
12 Maret 2071).
Pada tanggal 31 Desember 2025, 2024, dan 2023, As at 31 December 2025, 2024, and 2023, all
seluruh Obligasi Pemerintah digolongkan sebagai Government Bonds were classified as
tahap 1. stage 1.
10. EFEK-EFEK YANG DIBELI DENGAN JANJI DIJUAL 10. SECURITIES PURCHASED UNDER RESALE
KEMBALI DAN YANG DIJUAL DENGAN JANJI DIBELI AGREEMENTS AND SOLD UNDER REPURCHASE
KEMBALI AGREEMENTS
a. Efek-efek yang dibeli dengan janji dijual kembali a. Securities purchased under resale agreements
2025
Jenis Tanggal
efek/ Tingkat Tingkat dimulai/ Tanggal
Pihak penjual/ Type of Nilai nominal/ suku bunga/ kupon/ Commencement jatuh tempo/ Nilai tercatat/
Counterparty securities Nominal amount Interest rate Coupon rate date Maturity date Carrying amount
Biaya perolehan diamortisasi/
Amortised cost
Bank Indonesia VR0092 250,000 4.71% 4.70% 29 Oktober/October 2025 28 Januari/January 2026 238,158
Bank Indonesia VR0092 20,000 4.72% 4.70% 29 Oktober/October 2025 28 Januari/January 2026 19,053
PT Bank UOB Indonesia FR0064 5,000 4.80% 6.13% 22 Desember/December 2025 5 Januari/January 2026 4,888
PT Bank UOB Indonesia FR0064 5,000 4.75% 6.13% 19 Desember/December 2025 2 Januari/January 2026 4,884
PT Bank UOB Indonesia FR0064 5,000 4.75% 6.13% 18 Desember/December 2025 2 Januari/January 2026 4,876
285,000 271,859
Nilai wajar melalui laba rugi/
Fair value through profit or loss
PT Bank Pembangunan Daerah Jawa Tengah FR0086 545,000 6.20% 5.50% 25 Juni/June 2025 15 April/April 2026 539,554
PT Bank MNC International Tbk FR0086 190,000 6.00% 5.50% 17 Juli/July 2025 15 April/April 2026 188,716
735,000 728,270
Jumlah/Total 1,020,000 1,000,129
2024
Jenis Tanggal
efek/ Tingkat Tingkat dimulai/ Tanggal
Pihak penjual/ Type of Nilai nominal/ suku bunga/ kupon/ Commencement jatuh tempo/ Nilai tercatat/
Counterparty securities Nominal amount Interest rate Coupon rate date Maturity date Carrying amount
Biaya perolehan diamortisasi/
Amortised cost
PT Bank Pembangunan Daerah Kalimantan Timur FR0097 350,000 6.20% 7.13% 31 Desember/December 2024 2 Januari/January 2025 326,049
Nilai wajar melalui laba rugi/
Fair value through profit or loss
PT Bank Rakyat Indonesia (Persero) Tbk FR0081 500,000 6.80% 6.50% 14 Desember/December 2023 16 Juni/June 2025 491,107
PT Bank Rakyat Indonesia (Persero) Tbk FR0081 500,000 6.80% 6.50% 22 Mei/May 2024 16 Juni/June 2025 489,112
PT Bank Artha Graha International FR0081 320,000 6.85% 6.50% 15 November/November 2024 16 Juni/June 2025 306,564
1,320,000 1,286,783
Jumlah/Total 1,670,000 1,612,832
Halaman – 5/84 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 734
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
10. EFEK-EFEK YANG DIBELI DENGAN JANJI DIJUAL 10. SECURITIES PURCHASED UNDER RESALE
KEMBALI DAN YANG DIJUAL DENGAN JANJI DIBELI AGREEMENTS AND SOLD UNDER REPURCHASE
KEMBALI (lanjutan) AGREEMENTS (continued)
a. Efek-efek yang dibeli dengan janji dijual kembali a. Securities purchased under resale agreements
(lanjutan) (continued)
2023
Jenis Tanggal
efek/ Tingkat Tingkat dimulai/ Tanggal
Pihak penjual/ Type of Nilai nominal/ suku bunga/ kupon/ Commencement jatuh tempo/ Nilai tercatat/
Counterparty securities Nominal amount Interest rate Coupon rate date Maturity date Carrying amount
Biaya perolehan diamortisasi/
Amortised cost
Bank Indonesia FR0080 400,000 6.66% 7.50% 6 Januari/January 2023 5 Januari/January 2024 384,946
Bank Indonesia FR0080 300,000 6.65% 7.50% 6 Januari/January 2023 5 Januari/January 2024 288,710
Bank Indonesia FR0080 300,000 6.64% 7.50% 6 Januari/January 2023 5 Januari/January 2024 288,710
Bank Indonesia VR0046 300,000 6.50% 3.84% 24 Maret/March 2023 22 Maret/March 2024 288,694
Bank Indonesia VR0087 300,000 6.51% 6.22% 12 Mei/May 2023 10 Mei/May 2024 279,683
Bank Indonesia VR0073 300,000 6.70% 3.04% 20 Januari/January 2023 19 Januari/January 2024 278,413
Bank Indonesia VR0072 300,000 6.34% 3.04% 21 Juli/July 2023 19 Januari/January 2024 278,228
Bank Indonesia VR0072 250,000 6.40% 3.04% 9 Juni/June 2023 7 Juni/June 2024 234,264
PT Bank Pembangunan Daerah Kalimantan Timur FR0097 200,000 6.10% 7.13% 28 Desember/December 2023 2 Januari/January 2024 192,554
Bank Indonesia VR0071 200,000 6.42% 3.04% 4 Agustus/August 2023 2 Agustus/August 2024 191,013
Bank Indonesia VR0070 200,000 6.70% 6.26% 27 Januari/January 2023 26 Januari/January 2024 190,809
Bank Indonesia VR0072 200,000 6.42% 3.04% 9 Juni/June 2023 7 Juni/June 2024 187,411
Bank Indonesia VR0072 200,000 6.41% 3.04% 9 Juni/June 2023 7 Juni/June 2024 187,411
Bank Indonesia VR0037 200,000 6.44% 5.56% 16 Juni/June 2023 14 Juni/June 2024 186,139
Bank Indonesia VR0073 200,000 6.41% 3.04% 21 Juli/July 2023 19 Agustus/August 2024 185,486
Bank Indonesia VR0094 200,000 6.43% 6.26% 14 Juli/July 2023 12 Juli/July 2024 185,265
Bank Indonesia VR0069 200,000 6.44% 3.95% 9 Juni/June 2023 7 Juni/June 2024 185,008
Bank Indonesia VR0037 150,000 6.45% 5.56% 16 Juni/June 2023 14 Juni/June 2024 139,604
Bank Indonesia VR0037 150,000 6.44% 5.56% 16 Juni/June 2023 14 Juni/June 2024 139,604
Bank Indonesia VR0037 150,000 6.43% 5.56% 16 Juni/June 2023 14 Juni/June 2024 139,604
Bank Indonesia VR0037 150,000 6.42% 5.56% 16 Juni/June 2023 14 Juni/June 2024 139,604
Bank Indonesia VR0064 100,000 6.43% 3.30% 21 Juli/July 2023 19 Juli/July 2024 95,553
4,950,000 4,666,713
Nilai wajar melalui laba rugi/
Fair value through profit and loss
PT Bank Rakyat Indonesia (Persero) Tbk FR0081 500,000 6.80% 6.50% 14 Desember/December 2023 16 Juni/June 2025 492,674
Jumlah/Total 5,450,000 5,159,387
Pada tanggal 31 Desember 2025, 2024, dan 2023, As at 31 December 2025, 2024, and 2023, all
seluruh efek-efek yang dibeli dengan janji dijual securities purchased under resale agreements were
kembali digolongkan sebagai tahap 1. classified as stage 1.
Pada tanggal 31 Desember 2025, 2024, dan 2023, As at 31 December 2025, 2024, and 2023, securities
efek-efek yang dibeli dengan janji dijual kembali purchased under resale agreements in foreign
dalam mata uang asing adalah sebesar Rp nihil. currency is amounting to Rp nil.
Halaman – 5/85 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 735
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
10. EFEK-EFEK YANG DIBELI DENGAN JANJI DIJUAL 10. SECURITIES PURCHASED UNDER RESALE
KEMBALI DAN YANG DIJUAL DENGAN JANJI DIBELI AGREEMENTS AND SOLD UNDER REPURCHASE
KEMBALI AGREEMENTS
b. Efek-efek yang dijual dengan janji dibeli kembali b. Securities sold under repurchase agreements
2025
Jenis Tanggal
efek/ Tingkat Tingkat dimulai/ Tanggal
Pihak pembeli/ Type of Nilai nominal/ suku bunga/ kupon/ Commencement jatuh tempo/ Nilai tercatat/
Counterparty securities Nominal amount Interest rate Coupon rate date Maturity date Carrying amount
Biaya perolehan diamortisasi/
Amortised cost
Bank Indonesia IDSR161026364S 1,700,000 4.85% 4.85% 30 Desember/December 2025 6 Januari/January 2026 1,638,452
Bank Indonesia PBS003 1,300,000 4.85% 6.00% 29 Desember/December 2025 5 Januari/January 2026 1,263,688
Bank Indonesia FR0078 1,200,000 4.85% 8.25% 29 Desember/December 2025 5 Januari/January 2026 1,252,450
Bank Indonesia FR0078 1,000,000 4.85% 8.25% 31 Desember/December 2025 7 Januari/January 2026 1,046,223
Bank Indonesia PBS003 1,000,000 4.85% 6.00% 31 Desember/December 2025 7 Januari/January 2026 973,364
Bank Indonesia IDSR021026364S 800,000 4.85% 4.85% 30 Desember/December 2025 6 Januari/January 2026 771,858
PT Bank Nationalnobu Tbk FR0056 600,000 4.15% 8.38% 31 Desember/December 2025 2 Januari/January 2026 617,632
PT Bank Mega Tbk FR0056 500,000 4.80% 8.38% 31 Desember/December 2025 12 Januari/January 2026 514,693
PT Bank Nationalnobu Tbk FR0082 500,000 4.85% 7.00% 30 Desember/December 2025 8 Januari/January 2026 512,069
PT Bank Mega Tbk FR0059 500,000 4.80% 7.00% 31 Desember/December 2025 14 Januari/January 2026 492,728
PT Bank Pembangunan Daerah Papua FR0059 400,000 4.77% 7.00% 31 Desember/December 2025 8 Januari/January 2026 394,182
PT Bank DKI FR0056 300,000 4.80% 8.38% 24 Desember/December 2025 7 Januari/January 2026 308,427
PT Bank Pembangunan Daerah Sulselbar FR0056 200,000 4.78% 8.38% 31 Desember/December 2025 13 Januari/January 2026 205,877
PT Bank Pembangunan Daerah Sulawesi Utara FR0056 200,000 4.80% 8.38% 24 Desember/December 2025 7 Januari/January 2026 205,618
PT Bank Ina Perdana Tbk FR0056 150,000 4.80% 8.38% 31 Desember/December 2025 12 Januari/January 2026 154,408
PT Bank Pembangunan Daerah Sulawesi Utara FR0082 150,000 4.72% 7.00% 29 Desember/December 2025 5 Januari/January 2026 153,602
PT Bank Pembangunan Daerah Sulselbar FR0059 150,000 4.82% 7.00% 31 Desember/December 2025 15 Januari/January 2026 147,818
PT Bank ICBC Indonesia FR0056 120,000 4.80% 8.38% 31 Desember/December 2025 9 Januari/January 2026 123,526
PT Bank Digital BCA FR0056 100,000 4.80% 8.38% 31 Desember/December 2025 7 Januari/January 2026 102,939
PT Bank Digital BCA FR0056 100,000 4.85% 8.38% 31 Desember/December 2025 14 Januari/January 2026 102,939
PT Krom Bank Indonesia Tbk FR0056 100,000 4.85% 8.38% 31 Desember/December 2025 14 Januari/January 2026 102,939
PT Bank Pembangunan Daerah Bengkulu FR0082 100,000 4.75% 7.00% 30 Desember/December 2025 6 Januari/January 2026 102,414
PT Krom Bank Indonesia Tbk FR0082 100,000 4.83% 7.00% 30 Desember/December 2025 13 Januari/January 2026 102,414
PT Bank Pembangunan Daerah Bengkulu FR0082 100,000 4.78% 7.00% 29 Desember/December 2025 8 Januari/January 2026 102,400
PT Bank Digital BCA FR0056 50,000 4.83% 8.38% 31 Desember/December 2025 15 Januari/January 2026 51,469
PT Bank SMBC Indonesia Tbk FR0101 50,000 4.80% 6.88% 24 Desember/December 2025 7 Januari/January 2026 50,349
PT Bank Pembangunan Daerah Jawa Timur FR0082 10,000 4.80% 7.00% 29 Desember/December 2025 12 Januari/January 2026 10,240
PT Bank DBS Indonesia FR0082 10,000 4.80% 7.00% 30 Desember/December 2025 13 Januari/January 2026 10,240
11,490,000 11,514,958
2024
Jenis Tanggal
efek/ Tingkat Tingkat dimulai/ Tanggal
Pihak pembeli/ Type of Nilai nominal/ suku bunga/ kupon/ Commencement jatuh tempo/ Nilai tercatat/
Counterparty securities Nominal amount Interest rate Coupon rate date Maturity date Carrying amount
Biaya perolehan diamortisasi/
Amortised cost
Bank Indonesia FR0087 1,800,000 6.25% 6.50% 30 Desember/December 2024 6 Januari/January 2025 1,656,248
Bank Indonesia FR0081 1,300,000 6.25% 6.50% 31 Desember/December 2024 7 Januari/January 2025 1,273,541
Bank Indonesia PBS003 1,350,000 6.25% 6.00% 30 Desember/December 2024 6 Januari/January 2025 1,271,121
Bank Indonesia FR0078 1,200,000 6.25% 8.25% 31 Desember/December 2024 7 Januari/January 2025 1,204,960
Bank Indonesia FR0082 1,000,000 6.25% 7.00% 31 Desember/December 2024 7 Januari/January 2025 942,421
Bank Indonesia PBS017 850,000 6.25% 6.13% 30 Desember/December 2024 6 Januari/January 2025 839,679
PT Bank Rakyat Indonesia (Persero) Tbk IDSR110625364S 500,000 6.45% 6.45% 27 Desember/December 2024 10 Januari/January 2025 483,645
PT Bank Rakyat Indonesia (Persero) Tbk IDSR250425364S 500,000 6.55% 6.55% 30 Desember/December 2024 30 Januari/January 2025 488,448
Bank Indonesia IDSR200625364S 500,000 6.25% 6.25% 30 Desember/December 2024 6 Januari/January 2025 482,887
PT Bank Negara Indonesia (Persero) Tbk IDSR200625364S 500,000 6.55% 6.55% 23 Desember/December 2024 20 Januari/January 2025 482,215
Bank Indonesia FR0101 500,000 6.25% 6.88% 31 Desember/December 2024 7 Januari/January 2025 479,217
PT Bank Negara Indonesia (Persero) Tbk FR0104 500,000 6.55% 6.50% 5 Desember/December 2024 2 Januari/January 2025 467,659
PT Bank Pembangunan Daerah Kalimantan Timur FR0090 500,000 6.51% 5.13% 23 Desember/December 2024 7 Januari/January 2025 460,609
PT Bank Negara Indonesia (Persero) Tbk IDSR060625364S 350,000 6.55% 6.55% 23 Desember/December 2024 20 Januari/January 2025 338,554
PT Bank Central Asia Tbk FR0078 100,000 6.45% 8.25% 30 Desember/December 2024 13 Januari/January 2025 100,705
PT Bank Central Asia Tbk FR0087 100,000 6.45% 6.50% 27 Desember/December 2024 10 Januari/January 2025 91,884
PT Bank Pembangunan Daerah Bengkulu FR0078 75,000 6.35% 8.25% 30 Desember/December 2024 6 Januari/January 2025 75,529
PT Bank OCBC NISP Tbk FR0078 50,000 6.50% 8.25% 31 Desember/December 2024 14 Januari/January 2025 50,347
PT Bank Mandiri (Persero) Tbk FR0090 50,000 6.50% 5.13% 23 Desember/December 2024 6 Januari/January 2025 46,061
PT Bank Permata Tbk FR0090 25,000 6.45% 5.13% 18 Desember/December 2024 2 Januari/January 2025 23,051
PT Bank SMBC Indonesia Tbk FR0078 10,000 6.45% 8.25% 19 Desember/December 2024 2 Januari/January 2025 10,061
PT Bank SMBC Indonesia Tbk FR0078 10,000 6.45% 8.25% 24 Desember/December 2024 7 Januari/January 2025 10,058
PT Bank SMBC Indonesia Tbk FR0078 5,000 6.45% 8.25% 30 Desember/December 2024 13 Januari/January 2025 5,035
PT Bank SMBC Indonesia Tbk FR0078 5,000 6.45% 8.25% 20 Desember/December 2024 3 Januari/January 2025 5,028
11,780,000 11,288,963
Halaman – 5/86 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 736
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
10. EFEK-EFEK YANG DIBELI DENGAN JANJI DIJUAL 10. SECURITIES PURCHASED UNDER RESALE
KEMBALI DAN YANG DIJUAL DENGAN JANJI DIBELI AGREEMENTS AND SOLD UNDER REPURCHASE
KEMBALI (lanjutan) AGREEMENTS (continued)
b. Efek-efek yang dijual dengan janji dibeli kembali b. Securities sold under repurchase agreements
(lanjutan) (continued)
2023
Jenis Tanggal
efek/ Tingkat Tingkat dimulai/ Tanggal
Pihak pembeli/ Type of Nilai nominal/ suku bunga/ kupon/ Commencement jatuh tempo/ Nilai tercatat/
Counterparty securities Nominal amount Interest rate Coupon rate date Maturity date Carrying amount
Bank Indonesia FR0070 2,000,000 6.25% 8.38% 29 Desember/December 2023 5 Januari/January 2024 2,014,318
Bank Indonesia FR0078 1,450,000 6.75% 8.25% 29 Desember/December 2023 12 Januari/January 2024 1,466,360
Bank Indonesia PBS003 1,350,000 6.25% 6.00% 28 Desember/December 2023 10 Januari/January 2024 1,273,408
Bank Indonesia PBS026 1,250,000 6.25% 6.63% 27 Desember/December 2023 3 Januari/January 2024 1,241,305
Bank Indonesia FR0082 1,050,000 6.25% 7.00% 29 Desember/December 2023 5 Januari/January 2024 1,013,851
Bank Indonesia FR0078 1,000,000 6.70% 8.25% 27 Desember/December 2023 10 Januari/January 2024 1,009,029
Bank Indonesia FR0070 1,000,000 6.25% 8.38% 28 Desember/December 2023 4 Januari/January 2024 1,007,029
Bank Indonesia PBS017 850,000 6.25% 6.13% 28 Desember/December 2023 4 Januari/January 2024 797,278
Bank Indonesia FR0090 850,000 6.25% 5.13% 28 Desember/December 2023 4 Januari/January 2024 785,198
PT Bank Pembangunan Daerah Kalimantan Timur FR0081 750,000 6.35% 6.50% 29 Desember/December 2023 8 Januari/January 2024 715,248
Bank Indonesia FR0087 750,000 6.75% 6.50% 29 Desember/December 2023 12 Januari/January 2024 708,932
Bank Indonesia FR0070 600,000 6.25% 8.38% 27 Desember/December 2023 3 Januari/January 2024 604,205
Bank Indonesia FR0081 600,000 6.75% 6.50% 29 Desember/December 2023 12 Januari/January 2024 571,312
PT Bank Pembangunan Daerah Kalimantan Timur FR0056 500,000 6.35% 8.38% 29 Desember/December 2023 8 Januari/January 2024 511,682
PT Bank Pembangunan Daerah Kalimantan Timur FR0056 500,000 6.35% 8.38% 29 Desember/December 2023 8 Januari/January 2024 511,682
Bank Indonesia FR0056 500,000 6.25% 8.38% 28 Desember/December 2023 4 Januari/January 2024 510,655
PT Bank Pembangunan Daerah Kalimantan Timur FR0056 500,000 6.43% 8.38% 20 Desember/December 2023 3 Januari/January 2024 508,807
Bank Indonesia FR0070 500,000 6.25% 8.38% 27 Desember/December 2023 3 Januari/January 2024 503,504
Bank Indonesia FR0059 500,000 6.25% 7.00% 29 Desember/December 2023 5 Januari/January 2024 486,946
PT Bank Pembangunan Daerah Kalimantan Timur FR0059 500,000 6.43% 7.00% 20 Desember/December 2023 3 Januari/January 2024 485,174
Bank Indonesia FR0081 500,000 6.25% 6.50% 28 Desember/December 2023 4 Januari/January 2024 475,540
Bank Indonesia FR0081 500,000 6.70% 6.50% 27 Desember/December 2023 10 Januari/January 2024 475,416
PT Bank Pembangunan Daerah Kalimantan Timur FR0087 500,000 6.50% 6.50% 22 Desember/December 2023 5 Januari/January 2024 471,819
Bank Indonesia FR0090 450,000 6.70% 5.13% 27 Desember/December 2023 10 Januari/January 2024 415,909
PT Bank Pembangunan Daerah Kalimantan Timur FR0081 350,000 6.43% 6.50% 20 Desember/December 2023 3 Januari/January 2024 332,888
Bank Indonesia FR0070 250,000 6.25% 8.38% 29 Desember/December 2023 5 Januari/January 2024 251,790
Bank Indonesia FR0056 200,000 6.25% 8.38% 27 Desember/December 2023 3 Januari/January 2024 204,052
PT Bank Pembangunan Daerah Kalimantan Timur FR0078 200,000 6.43% 8.25% 20 Desember/December 2023 3 Januari/January 2024 201,463
PT Bank Negara Indonesia (Persero) Tbk FR0081 200,000 6.45% 6.50% 12 Oktober/October 2023 11 Januari/January 2024 194,333
PT Bank Pembangunan Daerah Kalimantan Timur FR0081 200,000 6.10% 6.50% 29 Desember/December 2023 3 Januari/January 2024 190,733
Bank Indonesia FR0078 150,000 6.25% 8.25% 27 Desember/December 2023 3 Januari/January 2024 151,354
Bank Indonesia FR0087 150,000 6.25% 6.50% 27 Desember/December 2023 3 Januari/January 2024 141,334
PT Bank Negara Indonesia (Persero) Tbk FR0081 100,000 6.45% 6.50% 12 Oktober/October 2023 11 Januari/January 2024 97,166
Bank Indonesia FR0081 100,000 6.25% 6.50% 27 Desember/December 2023 3 Januari/January 2024 95,080
Bank Indonesia FR0078 1,000 6.75% 8.25% 2 November/November 2023 1 Februari/February 2024 1,013
Bank Indonesia FR0078 1,000 6.80% 8.25% 2 November/November 2023 1 Februari/February 2024 1,013
Jumlah/Total 20,852,000 20,426,826
Pada tanggal 31 Desember 2025, 2024, dan 2023, As at 31 December 2025, 2024, and 2023, there were
tidak terdapat efek yang dijual dengan janji dibeli no security sold under repurchase agreement with
kembali dengan pihak berelasi. related party.
Halaman – 5/87 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 737
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
11. TAGIHAN DAN LIABILITAS DERIVATIF 11. DERIVATIVE RECEIVABLES AND PAYABLES
a. Berdasarkan jenis a. By type
2025
Nilai wajar/Fair values
Jumlah nosional/ Tagihan derivatif/ Liabilitas derivatif/
Instrumen Notional amount Derivative receivables Derivative payables Instruments
Tidak terkait Lindung Nilai Non-hedging related
Kontrak tunai mata uang asing 4,517,039 3,891 4,319 Foreign currency spots
Kontrak berjangka mata uang asing 28,971,755 36,345 22,539 Foreign currency forwards
Swap mata uang asing 78,508,786 93,056 188,906 Foreign currency swaps
Swap tingkat suku bunga 60,377,228 600,018 207,898 Interest rate swaps
Kontrak opsi mata uang asing 7,009,225 27,942 109,387 Foreign currency options
Kontrak berjangka tingkat suku bunga 11,225,610 4,996 2,490 Interest rate future
Instrumen lindung nilai terkait Hedging instrument in fair value
lindung nilai atas nilai wajar hedges related
Swap tingkat suku bunga 4,661,103 7,444 62,580 Interest rate swaps
773,692 598,119
2024
Nilai wajar/Fair values
Jumlah nosional/ Tagihan derivatif/ Liabilitas derivatif/
Instrumen Notional amount Derivative receivables Derivative payables Instruments
Tidak terkait Lindung Nilai Non-hedging related
Kontrak tunai mata uang asing 4,362,083 3,969 2,718 Foreign currency spots
Kontrak berjangka mata uang asing 30,288,148 106,342 100,636 Foreign currency forwards
Swap mata uang asing 47,469,668 124,290 323,677 Foreign currency swaps
Swap tingkat suku bunga 67,191,756 791,803 387,882 Interest rate swaps
Kontrak opsi mata uang asing 4,380,707 75,474 78,277 Foreign currency options
Kontrak berjangka tingkat suku bunga 5,298,474 21,755 3,552 Interest rate future
Kontrak berjangka obligasi 1,354,700 32,919 - Bond forward
Instrumen lindung nilai terkait Hedging instrument in fair value
lindung nilai atas nilai wajar hedges related
Swap tingkat suku bunga 5,157,569 28,338 9,888 Interest rate swaps
1,184,890 906,630
2023
Nilai wajar/Fair values
Jumlah nosional/ Tagihan derivatif/ Liabilitas derivatif/
Instrumen Notional amount Derivative receivables Derivative payables Instruments
Tidak terkait Lindung Nilai Non-hedging related
Kontrak tunai mata uang asing 2,692,462 1,239 1,844 Foreign currency spots
Kontrak berjangka mata uang asing 19,245,657 95,773 46,385 Foreign currency forwards
Swap mata uang asing 41,655,678 331,446 116,854 Foreign currency swaps
Swap tingkat suku bunga 56,226,588 360,089 283,022 Interest rate swaps
Kontrak opsi mata uang asing 10,208,490 42,259 51,397 Foreign currency options
Kontrak berjangka tingkat suku bunga 16,505,584 - 24,174 Interest rate future
Instrumen lindung nilai terkait Hedging instrument in fair value
lindung nilai atas nilai wajar hedges related
Swap tingkat suku bunga 3,851,416 18,208 16,375 Interest rate swaps
849,014 540,051
Halaman – 5/88 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 738
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
11. TAGIHAN DAN LIABILITAS DERIVATIF (lanjutan) 11. DERIVATIVE RECEIVABLES AND PAYABLES
(continued)
b. Berdasarkan jatuh tempo b. By maturity date
Informasi mengenai jatuh tempo diungkapkan pada Information in respect to maturities is disclosed in
Catatan 55. Note 55.
c. Lindung nilai wajar dengan kontrak swap tingkat c. Fair value hedge using interest rate swap (“IRS”)
suku bunga (”IRS”) contracts
i) Obligasi Pemerintah i) Government Bonds
2025
Tanggal Suku bunga
Obligasi yang Suku bunga
Pemerintah/ dibayarkan/ yang diterima/
Tanggal/ Pihak ketiga/ Tujuan/ Government Nosional/ Paid of interest Received of Jatuh tempo/
Date Third party Purpose Bond date Notional rate interest rate Maturity date
14 Oktober/ CIMB Bank Lindung nilai atas risiko 14 Oktober/ USD Suku bunga Suku bunga 12 Maret/
October Berhad suku bunga pada October 4,490,000 tetap sebesar mengambang March 2031
2025 sebagian eksposur 2025 3,29% per sebesar suku
Obligasi Pemerintah/To tahun/Fixed bunga USD
SOFR
hedge interest rate risk on interest rate of 1Y/Floating
certain portion of 3.29% interest rate of
Government Bonds per annum USD SOFR 1Y
9 September/ CIMB Bank Lindung nilai atas 9 September/ USD Suku bunga tetap Suku bunga 9 Juni/
September Berhad risiko suku bunga September 4,000,000 sebesar 3,29% mengambang June 2031
2025 pada sebagian eksposur 2025 per tahun/Fixed sebesar suku
Obligasi Pemerintah/ interest rate of bunga USD
SOFR 1Y/
To hedge interest 3.29% per annum Floating interest
rate risk on certain portion rate of USD
of Government SOFR 1Y
Bonds
8 September/ CIMB Bank Lindung nilai atas 8 September/ USD Suku bunga tetap Suku bunga 28 Juli/
September Berhad risiko suku bunga September 4,800,000 sebesar 3,30% mengambang July 2031
2025 pada sebagian eksposur 2025 per tahun/Fixed sebesar suku
Obligasi Pemerintah/ interest rate of bunga USD
SOFR 1Y/
To hedge interest 3.30% per annum Floating interest
rate risk on certain portion rate of USD
of Government SOFR 1Y
Bonds
28 Agustus/ Morgan Lindung nilai atas 28 Agustus/ USD Suku bunga tetap Suku bunga 29 Agustus/
August 2025 Stanley & risiko suku bunga August 2025 3,000,000 sebesar 3,36% mengambang August 2030
Company pada sebagian eksposur per tahun/Fixed sebesar suku
International Obligasi Pemerintah/ interest rate of bunga USD
SOFR 1Y/
Ltd To hedge interest 3.36% per annum Floating interest
rate risk on certain portion rate of USD
of Government SOFR 1Y
Bonds
27 Agustus/ Morgan Lindung nilai atas 27 Agustus/ USD Suku bunga tetap Suku bunga 29 Agustus/
August 2025 Stanley & risiko suku bunga August 2025 7,000,000 sebesar 3,41% mengambang August 2030
Company pada sebagian eksposur per tahun/Fixed sebesar suku
International Obligasi Pemerintah/ interest rate of bunga USD
SOFR 1Y/
Ltd To hedge interest 3.41% per Floating interest
rate risk on certain portion annum rate of USD
of Government SOFR 1Y
Bonds
Halaman – 5/89 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 739
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
11. TAGIHAN DAN LIABILITAS DERIVATIF (lanjutan) 11. DERIVATIVE RECEIVABLES AND PAYABLES
(continued)
c. Lindung nilai wajar dengan kontrak swap tingkat c. Fair value hedge using interest rate swap (“IRS”)
suku bunga (”IRS”) (lanjutan) contracts (continued)
i) Obligasi Pemerintah (lanjutan) i) Government Bonds (continued)
2025
Tanggal Suku bunga
Obligasi yang Suku bunga
Pemerintah/ dibayarkan/ yang diterima/
Tanggal/ Pihak ketiga/ Tujuan/ Government Nosional/ Paid of interest Received of Jatuh tempo/
Date Third party Purpose Bond date Notional rate interest rate Maturity date
5 Agustus/ Morgan Lindung nilai atas 5 Agustus/ USD Suku bunga tetap Suku bunga 29 Juli/
August 2025 Stanley & risiko suku bunga August 2025 2,680,000 sebesar 3,42% mengambang July 2030
Company pada sebagian eksposur per tahun/Fixed sebesar suku
International Obligasi Pemerintah/ interest rate of bunga USD
SOFR 1Y/
Ltd To hedge interest 3.42% per annum Floating interest
rate risk on certain portion rate of USD
of Government SOFR 1Y
Bonds
10 April/ Morgan Lindung nilai atas 10 April/ USD Suku bunga tetap Suku bunga 15 Januari/
April 2025 Stanley & risiko suku bunga April 2025 5,230,000 sebesar 3,62% mengambang January 2030
Company pada sebagian eksposur per tahun/Fixed sebesar suku
International Obligasi Pemerintah/ interest rate of bunga USD
SOFR 1Y/
Ltd To hedge interest 3.62% per annum Floating interest
rate risk on certain portion rate of USD
of Government SOFR 1Y
Bonds
26 Februari/ Morgan Lindung nilai atas 26 Februari/ EUR Suku bunga tetap Suku bunga 17 Januari/
February Stanley & risiko suku bunga February 4,600,000 sebesar 2,23% mengambang January 2033
2025 Company pada sebagian eksposur 2025 per tahun/Fixed sebesar suku
International Obligasi Pemerintah/ interest rate of bunga EUR
ESTR 1Y/
Ltd To hedge interest 2.23% per annum Floating interest
rate risk on certain portion rate of EUR
of Government ESTR 1Y
Bonds
10 Januari/ Morgan Lindung nilai atas 10 Januari/ EUR Suku bunga tetap Suku bunga 17 Januari/
January Stanley & risiko suku bunga January 4,600,000 sebesar 2,38% mengambang January
2025 Company pada sebagian eksposur 2025 per tahun/Fixed sebesar suku 2033
International Obligasi Pemerintah/ interest rate of bunga EUR
To hedge interest ESTR
Ltd rate risk on certain portion 2.38% per annum 1Y/Floating
of Government interest rate of
Bonds EUR ESTR 1Y
9 Januari/ Morgan Lindung nilai atas 9 Januari/ EUR Suku bunga tetap Suku bunga 17 Januari/
January Stanley & risiko suku bunga January 13,750,000 sebesar 2,36% mengambang January
2025 Company pada sebagian eksposur 2025 per tahun/Fixed sebesar suku 2033
International Obligasi Pemerintah/ interest rate of bunga EUR
To hedge interest
Ltd rate risk on certain portion 2.36% per annum ESTR
of Government 1Y/Floating
Bonds interest rate of
EUR ESTR 1Y
Halaman – 5/90 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 740
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
11. TAGIHAN DAN LIABILITAS DERIVATIF (lanjutan) 11. DERIVATIVE RECEIVABLES AND PAYABLES
(continued)
c. Lindung nilai wajar dengan kontrak swap tingkat c. Fair value hedge using interest rate swap (“IRS”)
suku bunga (”IRS”) (lanjutan) contracts (continued)
i) Obligasi Pemerintah (lanjutan) i) Government Bonds (continued)
2025
Tanggal Obligasi Suku bunga yang Suku bunga yang
Pihak Pemerintah/ dibayarkan/ diterima/
Tanggal/ ketiga/ Government Nosional/ Paid of interest Received of Jatuh tempo/
Date Third party Tujuan/Purpose Bond date Notional rate interest rate Maturity date
14 Agustus/ Morgan Lindung nilai atas 14 Agustus/ USD Suku bunga tetap Suku bunga 15 November/
August 2024 Stanley & risiko suku bunga August 2024 4,900,000 sebesar 3,45% mengambang November
Company pada sebagian per tahun/Fixed sebesar suku 2028
International eksposur interest rate of bunga USD SOFR
Obligasi Pemerintah/ 1Y/Floating
Ltd To hedge interest 3.45% per annum interest rate of
rate risk on certain USD SOFR 1Y
portion of Government
Bonds
29 Juli/ Standard Lindung nilai atas 29 Juli/ USD Suku bunga tetap Suku bunga 15 November/
July 2024 Chartered risiko suku bunga July 2024 14,000,000 sebesar 3,85% mengambang November
Bank pada sebagian per tahun/Fixed sebesar suku 2028
eksposur interest rate of bunga USD SOFR
Obligasi Pemerintah/ 1Y/Floating
To hedge interest 3.85% per annum interest rate of
rate risk on certain USD SOFR 1Y
portion of Government
Bonds
11 Juli/ Morgan Lindung nilai atas 11 Juli/ USD Suku bunga tetap Suku bunga 2 Juli/
July 2024 Stanley & risiko suku bunga July 2024 4,500,000 sebesar 3,99% mengambang July 2029
Company pada sebagian per tahun/Fixed sebesar suku
International eksposur interest rate of bunga USD SOFR
Obligasi Pemerintah/ 1Y/Floating
Ltd To hedge interest 3.99% per annum interest rate of
rate risk on certain USD SOFR 1Y
portion of Government
Bonds
10 Juli/ Morgan Lindung nilai atas risiko 10 Juli/ USD Suku bunga tetap Suku bunga 2 Juli/
July 2024 Stanley & suku bunga pada July 2024 5,500,000 sebesar 4,02% mengambang July 2029
Company sebagian eksposur per tahun/Fixed sebesar suku
International Obligasi Pemerintah/To interest rate of bunga USD SOFR
hedge interest rate risk 1Y/Floating
Ltd on certain portion of 4.02% per annum interest rate of
Government Bonds USD SOFR 1Y
3 Juli/ Morgan Lindung nilai atas risiko 3 Juli/ USD Suku bunga tetap Suku bunga 2 Juli/
July 2024 Stanley & suku bunga pada July 2024 6,500,000 sebesar 4,17% mengambang July 2029
Company sebagian eksposur per tahun/Fixed sebesar suku
International Obligasi Pemerintah/To interest rate of bunga USD SOFR
hedge interest rate risk 1Y/Floating
Ltd on certain portion of 4.17% per annum interest rate of
Government Bonds USD SOFR 1Y
27 Juni/ Standard Lindung nilai atas risiko 27 Juni/ USD Suku bunga tetap Suku bunga 2 Juli/
June 2024 Chartered suku bunga pada June 2024 4,750,000 sebesar 4,13% mengambang July 2029
Bank sebagian eksposur per tahun/Fixed sebesar suku
Obligasi Pemerintah/To interest rate of bunga USD SOFR
hedge interest rate risk 1Y/Floating
on certain portion of 4.13% per annum interest rate of
Government Bonds USD SOFR 1Y
Halaman – 5/91 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 741
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
11. TAGIHAN DAN LIABILITAS DERIVATIF (lanjutan) 11. DERIVATIVE RECEIVABLES AND PAYABLES
(continued)
c. Lindung nilai wajar dengan kontrak swap tingkat c. Fair value hedge using interest rate swap (“IRS”)
suku bunga (”IRS”) (lanjutan) contracts (continued)
i) Obligasi Pemerintah (lanjutan) i) Government Bonds (continued)
2025
Tanggal Obligasi Suku bunga yang
Pihak Pemerintah/ Suku bunga yang diterima/
Tanggal/ ketiga/ Government Nosional/ dibayarkan/ Received of Jatuh tempo/
Date Third party Tujuan/Purpose Bond date Notional Paid of interest rate interest rate Maturity date
21 Juni/ Standard Lindung nilai atas 21 Juni/ USD Suku bunga tetap Suku bunga 15 November/
June Chartered risiko suku bunga June 2024 6,850,000 sebesar 4,08% mengambang November
2024 Bank pada sebagian per tahun/Fixed sebesar suku 2028
eksposur interest rate of bunga USD SOFR
Obligasi Pemerintah/ 1Y/
To hedge interest 4.08% per annum Floating interest
rate risk on certain rate of USD SOFR
portion of Government 1Y
Bonds
7 Juni/ Morgan Lindung nilai atas 7 Juni/ USD Suku bunga tetap Suku bunga 15 November/
June Stanley & risiko suku bunga June 2024 8,450,000 sebesar 4,16% mengambang November
2024 Company pada sebagian per tahun/Fixed sebesar suku 2028
International eksposur interest rate of bunga USD SOFR
Obligasi Pemerintah/ 1Y/
Ltd To hedge interest 4.16% per annum Floating interest
rate risk on certain rate of USD SOFR
portion of Government 1Y
Bonds
5 Juni/ JP Morgan Lindung nilai atas 5 Juni/ USD Suku bunga tetap Suku bunga 4 Juni/June
June Chase Bank risiko suku bunga June 2024 5,000,000 sebesar 4,13% mengambang 2031
2024 Jakarta pada sebagian per tahun/Fixed sebesar suku
eksposur interest rate of bunga USD SOFR
Obligasi Pemerintah/ 1Y/
To hedge interest 4.13% per annum Floating interest
rate risk on certain rate of USD SOFR
portion of Government 1Y
Bonds
4 Juni/ JP Morgan Lindung nilai atas 4 Juni/ USD Suku bunga tetap Suku bunga 15 Oktober/
June Chase Bank risiko suku bunga June 2024 5,000,000 sebesar 4,26% mengambang October
2024 Jakarta pada sebagian per tahun/Fixed sebesar suku 2030
eksposur interest rate of bunga USD SOFR
Obligasi Pemerintah/ 1Y/
To hedge interest 4.26% per annum Floating interest
rate risk on certain rate of USD SOFR
portion of Government 1Y
Bonds
17 Mei/ PT Bank Lindung nilai atas 17 Mei/ USD Suku bunga tetap Suku bunga 15 November/
May 2024 Mandiri risiko suku bunga May 2024 11,000,000 sebesar 4,23% mengambang November
(Persero) pada sebagian per tahun/Fixed sebesar suku 2028
Tbk eksposur interest rate of bunga USD SOFR
Obligasi Pemerintah/ 1Y/
To hedge interest 4.23% per annum Floating interest
rate risk on certain rate of USD SOFR
portion of Government 1Y
Bonds
Halaman – 5/92 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 742
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
11. TAGIHAN DAN LIABILITAS DERIVATIF (lanjutan) 11. DERIVATIVE RECEIVABLES AND PAYABLES
(continued)
c. Lindung nilai wajar dengan kontrak swap tingkat c. Fair value hedge using interest rate swap (“IRS”)
suku bunga (”IRS”) (lanjutan) contracts (continued)
i) Obligasi Pemerintah (lanjutan) i) Government Bonds (continued)
2025
Tanggal Obligasi Suku bunga yang
Pihak Pemerintah/ Suku bunga yang diterima/
Tanggal/ ketiga/ Government Nosional/ dibayarkan/ Received of Jatuh tempo/
Date Third party Tujuan/Purpose Bond date Notional Paid of interest rate interest rate Maturity date
16 Mei/ Morgan Lindung nilai atas 16 Mei/ USD Suku bunga Suku bunga 15 November/
May 2024 Stanley & risiko suku bunga May 2024 5,000,000 tetap sebesar mengambang November
Company pada sebagian 4,20% per sebesar suku 2028
International eksposur tahun/Fixed bunga USD SOFR
Obligasi Pemerintah/ 1Y/Floating
Ltd To hedge interest interest rate of interest
rate risk on certain 4.20% per rate of USD SOFR
portion of Government annum 1Y
Bonds
16 Mei/ Morgan Lindung nilai atas 16 Mei/ USD Suku bunga tetap Suku bunga 15 November/
May 2024 Stanley & risiko suku bunga May 2024 8,800,000 sebesar 4,18% mengambang November
Company pada sebagian per tahun/Fixed sebesar suku 2028
International eksposur interest rate of bunga USD SOFR
1Y/
Ltd Obligasi Pemerintah/ 4.18% per Floating interest
To hedge interest annum rate of USD SOFR
rate risk on certain 1Y
portion of Government
Bonds
7 Mei/ PT Bank Lindung nilai atas 7 Mei/ USD Suku bunga Suku bunga 10 Maret/
May 2024 Mandiri risiko suku bunga May 2024 9,370,000 tetap sebesar mengambang March 2029
(Persero) pada sebagian 4,29% per sebesar suku
Tbk eksposur tahun/Fixed bunga USD SOFR
Obligasi Pemerintah/ 1Y/Floating
To hedge interest interest rate of interest
rate risk on certain 4.29% per rate of USD SOFR
portion of Government annum 1Y
Bonds
26 April/ Standard Lindung nilai atas 26 April/ USD Suku bunga Suku bunga 10 Maret/
April Chartered risiko suku bunga April 2024 3,000,000 tetap sebesar mengambang March 2029
2024 Bank pada sebagian 4,53% per sebesar suku
eksposur tahun/Fixed bunga USD SOFR
Obligasi Pemerintah/ 1Y/Floating
To hedge interest interest rate of interest
rate risk on certain 4.53% per annum rate of USD SOFR
portion of Government 1Y
Bonds
22 Maret/ Morgan Lindung nilai atas 22 Maret/ USD Suku bunga tetap Suku bunga 10 Maret/
March Stanley & risiko suku bunga March 2024 1,500,000 sebesar 4,05% mengambang March 2029
2024 Company pada sebagian per tahun/Fixed sebesar suku
International eksposur interest rate of bunga USD SOFR
Obligasi Pemerintah/ 1Y/
Ltd To hedge interest 4.05% per annum Floating interest
rate risk on certain rate of USD SOFR
portion of Government 1Y
Bonds
Halaman – 5/93 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 743
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
11. TAGIHAN DAN LIABILITAS DERIVATIF (lanjutan) 11. DERIVATIVE RECEIVABLES AND PAYABLES
(continued)
c. Lindung nilai wajar dengan kontrak swap tingkat c. Fair value hedge using interest rate swap (“IRS”)
suku bunga (”IRS”) (lanjutan) contracts (continued)
i) Obligasi Pemerintah (lanjutan) i) Government Bonds (continued)
2025
Tanggal Suku bunga
Obligasi yang Suku bunga
Pemerintah/ dibayarkan/ yang diterima/
Tanggal/ Pihak ketiga/ Tujuan/ Government Nosional/ Paid of interest Received of Jatuh tempo/
Date Third party Purpose Bond date Notional rate interest rate Maturity date
21 Maret/ Morgan Lindung nilai atas 21 Maret/ USD Suku bunga tetap Suku bunga 21 Maret/
March 2024 Stanley & risiko suku bunga March 2024 10,000,000 sebesar 4,06% mengambang March 2029
Company pada sebagian eksposur per tahun/Fixed sebesar suku
International Obligasi Pemerintah/ interest rate of bunga USD
To hedge interest
Ltd rate risk on certain portion 4.06% per annum SOFR
of Government 1Y/Floating
Bonds interest rate of
USD SOFR 1Y
21 Maret/ Morgan Lindung nilai atas 21 Maret/ USD Suku bunga tetap Suku bunga 10 Maret/
March 2024 Stanley & risiko suku bunga March 2024 3,850,000 sebesar 4,01% mengambang March 2029
Company pada sebagian eksposur per tahun/Fixed sebesar suku
International Obligasi Pemerintah/ interest rate of bunga USD
To hedge interest SOFR 1Y/
Ltd rate risk on certain portion 4.01% per annum Floating interest
of Government rate of USD
Bonds SOFR 1Y
20 Maret/ Morgan Lindung nilai atas 20 Maret/ USD Suku bunga tetap Suku bunga 10 Maret/
March 2024 Stanley & risiko suku bunga March 2024 7,300,000 sebesar 4,09% mengambang March
Company pada sebagian eksposur per tahun/Fixed sebesar suku 2029
International Obligasi Pemerintah/ interest rate of bunga USD
To hedge interest SOFR 1Y/
Ltd rate risk on certain portion 4.09% per annum Floating interest
of Government rate of USD
Bonds SOFR 1Y
17 Januari/ Morgan Lindung nilai atas 17 Januari/ USD Suku bunga tetap Suku bunga 24 April/
January Stanley & risiko suku bunga January 2024 2,000,000 sebesar 3,74% mengambang April 2028
2024 Company pada sebagian eksposur per tahun/Fixed sebesar suku
International Obligasi Pemerintah/ interest rate of bunga USD
To hedge interest SOFR 1Y/
Ltd rate risk on certain portion 3.74% per annum Floating interest
of Government rate of USD
Bonds SOFR 1Y
11 Januari/ Morgan Lindung nilai atas 11 Januari/ USD Suku bunga Suku bunga 24 April/
January Stanley & risiko suku bunga January 2024 3,600,000 tetap sebesar mengambang April 2028
2024 Company pada sebagian eksposur 3,75% per sebesar suku
International Obligasi Pemerintah/ tahun/Fixed bunga USD
To hedge interest SOFR 1Y/
Ltd rate risk on certain portion interest rate of Floating interest
of Government 3.75% per annum rate of USD
Bonds SOFR 1Y
Halaman – 5/94 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 744
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
11. TAGIHAN DAN LIABILITAS DERIVATIF (lanjutan) 11. DERIVATIVE RECEIVABLES AND PAYABLES
(continued)
c. Lindung nilai wajar dengan kontrak swap tingkat c. Fair value hedge using interest rate swap (“IRS”)
suku bunga (”IRS”) (lanjutan) contracts (continued)
i) Obligasi Pemerintah (lanjutan) i) Government Bonds (continued)
2025
Tanggal Obligasi Suku bunga
Pihak Pemerintah/ Suku bunga yang yang diterima/
Tanggal/ ketiga/ Government Nosional/ dibayarkan/ Received of Jatuh tempo/
Date Third party Tujuan/Purpose Bond date Notional Paid of interest rate interest rate Maturity date
5 Oktober/ Morgan Lindung nilai atas 5 Oktober/ USD Suku bunga tetap Suku bunga 24 April/
October Stanley & risiko suku bunga October 2023 3,260,000 sebesar 4,55% mengambang April 2028
2023 Company pada sebagian eksposur per tahun/Fixed sebesar suku
International Obligasi Pemerintah/ interest rate of bunga USD
To hedge interest SOFR
Ltd rate risk on certain 4.55% per annum 1Y/Floating
portion of Government interest rate of
Bonds USD SOFR 1Y
12 September/ Morgan Lindung nilai atas 12 September/ USD Suku bunga tetap Suku bunga 11 Januari/
September Stanley & risiko suku bunga September 1,130,000 sebesar 4,32% mengambang January
2023 Company pada sebagian eksposur 2023 per tahun/Fixed sebesar suku 2028
International Obligasi Pemerintah/ interest rate of bunga USD
To hedge interest SOFR 1Y/
Ltd rate risk on certain 4.32% per annum Floating interest
portion of Government rate of USD
Bonds SOFR 1Y
25 Agustus/ Morgan Lindung nilai atas 25 Agustus/ USD Suku bunga tetap Suku bunga 24 April/
August 2023 Stanley & risiko suku bunga August 2023 3,610,000 sebesar 4,28% mengambang April 2028
Company pada sebagian eksposur per tahun/Fixed sebesar suku
International Obligasi Pemerintah/ interest rate of bunga USD
To hedge interest SOFR 1Y/
Ltd rate risk on certain 4.28% per annum Floating interest
portion of Government rate of USD
Bonds SOFR 1Y
21 Juni/ Morgan Lindung nilai atas 21 Juni/ USD Suku bunga tetap Suku bunga 15 Mei/
June 2023 Stanley & risiko suku bunga June 2023 4,790,000 sebesar 3,98% mengambang May 2027
Company pada sebagian eksposur per tahun/Fixed sebesar suku
International Obligasi Pemerintah/ interest rate of bunga USD
To hedge interest SOFR 1Y/
Ltd rate risk on certain 3.98% per annum Floating interest
portion of Government rate of USD
Bonds SOFR 1Y
12 Juni/ Morgan Lindung nilai atas 12 Juni/ USD Suku bunga tetap Suku bunga 11 Januari/
June Stanley & risiko suku bunga June 2023 4,770,000 sebesar 3,81% mengambang January 2028
2023 Company pada sebagian eksposur per tahun/Fixed sebesar suku
International Obligasi Pemerintah/ interest rate of bunga USD
To hedge interest SOFR 1Y/
Ltd rate risk on certain 3.81% per annum Floating interest
portion of Government rate of USD
Bonds SOFR 1Y
Halaman – 5/95 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 745
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
11. TAGIHAN DAN LIABILITAS DERIVATIF (lanjutan) 11. DERIVATIVE RECEIVABLES AND PAYABLES
(continued)
c. Lindung nilai wajar dengan kontrak swap tingkat c. Fair value hedge using interest rate swap (“IRS”)
suku bunga (”IRS”) (lanjutan) contracts (continued)
i) Obligasi Pemerintah (lanjutan) i) Government Bonds (continued)
2025
Tanggal Obligasi Suku bunga
Pihak Pemerintah/ Suku bunga yang yang diterima/
Tanggal/ ketiga/ Government Nosional/ dibayarkan/ Received of Jatuh tempo/
Date Third party Tujuan/Purpose Bond date Notional Paid of interest rate interest rate Maturity date
12 Juni/ Morgan Lindung nilai atas 12 Juni/ USD Suku bunga Suku bunga 11 Januari/
June Stanley & risiko suku bunga June 2023 4,770,000 tetap sebesar mengambang January 2028
2023 Company pada sebagian eksposur 3,81% per sebesar suku
International Obligasi Pemerintah/ tahun/Fixed bunga USD
To hedge interest SOFR 1Y/
Ltd rate risk on certain interest rate of Floating interest
portion of Government 3.81% per annum rate of USD
Bonds SOFR 1Y
7 Juni/ Morgan Lindung nilai atas 7 Juni/ USD Suku bunga tetap Suku bunga 11 Januari/
June Stanley & risiko suku bunga June 2023 2,390,000 sebesar 3,66% mengambang January 2028
2023 Company pada sebagian eksposur per tahun/Fixed sebesar suku
International Obligasi Pemerintah/ interest rate of bunga USD
To hedge interest SOFR 1Y/
Ltd rate risk on certain 3.66% per annum Floating interest
portion of Government rate of USD
Bonds SOFR 1Y
6 Juni/ Morgan Lindung nilai atas 6 Juni/ USD Suku bunga tetap Suku bunga 11 Januari/
June Stanley & risiko suku bunga June 2023 1,960,000 sebesar 3,64% mengambang January 2028
2023 Company pada sebagian eksposur per tahun/Fixed sebesar suku
International Obligasi Pemerintah/ interest rate of bunga USD
To hedge interest SOFR 1Y/
Ltd rate risk on certain 3.64% per annum Floating interest
portion of Government rate of USD
Bonds SOFR 1Y
6 Juni/ Morgan Lindung nilai atas 6 Juni/ USD Suku bunga tetap Suku bunga 11 Januari/
June Stanley & risiko suku bunga June 2023 1,910,000 sebesar 3,64% mengambang January 2028
2023 Company pada sebagian eksposur per tahun/Fixed sebesar suku
International Obligasi Pemerintah/ interest rate of bunga USD
To hedge interest SOFR 1Y/
Ltd rate risk on certain 3.64% per annum Floating interest
portion of Government rate of USD
Bonds SOFR 1Y
Halaman – 5/96 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 746
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
11. TAGIHAN DAN LIABILITAS DERIVATIF (lanjutan) 11. DERIVATIVE RECEIVABLES AND PAYABLES
(continued)
c. Lindung nilai wajar dengan kontrak swap tingkat c. Fair value hedge using interest rate swap (“IRS”)
suku bunga (”IRS”) (lanjutan) contracts (continued)
ii) Obligasi korporasi ii) Corporate bonds
2025
Tanggal
Obligasi Suku bunga Suku bunga Jatuh
Korporasi/ yang dibayarkan/ yang diterima/ tempo/
Tanggal/ Pihak ketiga/ Corporate Nosional/ Paid of interest Received of Maturity
Date Third party Tujuan/Purpose Bond date Notional rate interest rate date
12 Juli/ Morgan Lindung nilai atas 12 Juli/ USD Suku bunga tetap Suku bunga 5 April/
July 2024 Stanley & risiko suku bunga July 2024 4,500,000 sebesar 3,92% mengambang April 2029
Company pada sebagian eksposur per tahun/Fixed sebesar suku
International Obligasi Korporasi/ interest rate of bunga USD
SOFR 1Y/
Ltd To hedge interest 3.92% per annum Floating interest
rate risk on certain portion rate of USD
of Corporate SOFR 1Y
Bonds
28 Maret/ PT Bank BNP Lindung nilai atas 28 Maret/ USD Suku bunga tetap Suku bunga 2 April/
March 2024 Paribas risiko suku bunga March 2024 11,950,000 sebesar 4,04% mengambang April 2029
Indonesia pada sebagian eksposur per tahun/Fixed sebesar suku
Obligasi Korporasi/ interest rate of bunga USD
To hedge interest 4.04% per annum SOFR 1Y/
rate risk on certain portion Floating interest
of Corporate rate of USD
Bonds SOFR 1Y
25 Januari/ Morgan Stanley Lindung nilai atas risiko 25 Januari/ USD Suku bunga tetap Suku bunga 21 Mei/
January & Company suku bunga pada sebagian January 2024 2,200,000 sebesar 3,90% mengambang May 2028
2024 International Ltd eksposur Obligasi per tahun/Fixed sebesar suku
Korporasi/To hedge interest interest rate of bunga USD
SOFR
rate risk on certain portion 3.90% per annum 1Y/Floating
of Corporate Bonds interest rate of
USD SOFR 1Y
11 Januari/ Morgan Stanley Lindung nilai atas risiko 11 Januari/ USD Suku bunga tetap Suku bunga 15 Mei/
January & Company suku bunga pada sebagian January 2024 2,880,000 sebesar 3,85% mengambang May 2027
2024 International Ltd eksposur Obligasi per tahun/Fixed sebesar suku
Korporasi/To hedge interest interest rate of bunga USD
SOFR
rate risk on certain portion 3.85% per annum 1Y/Floating
of Corporate Bonds interest rate of
USD SOFR 1Y
Halaman – 5/97 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 747
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
11. TAGIHAN DAN LIABILITAS DERIVATIF (lanjutan) 11. DERIVATIVE RECEIVABLES AND PAYABLES
(continued)
c. Lindung nilai wajar dengan kontrak swap tingkat c. Fair value hedge using interest rate swap (“IRS”)
suku bunga (”IRS”) (lanjutan) contracts (continued)
ii) Obligasi korporasi (lanjutan) ii) Corporate bonds (continued)
2025
Tanggal
Obligasi Suku bunga Suku bunga Jatuh
Korporasi/ yang dibayarkan/ yang diterima/ tempo/
Tanggal/ Pihak ketiga/ Corporate Nosional/ Paid of interest Received of Maturity
Date Third party Tujuan/Purpose Bond date Notional rate interest rate date
13 Oktober/ Morgan Lindung nilai atas risiko 13 Oktober/ USD Suku bunga tetap Suku bunga 27 April/
October 2023 Stanley & suku bunga pada October 2023 2,870,000 sebesar 4,49% mengambang April 2028
Company sebagian eksposur per tahun/Fixed sebesar suku
International Obligasi Korporasi/To interest rate of bunga USD
SOFR
Ltd hedge interest rate risk on 4.49% per annum 1Y/Floating
certain portion of interest rate of
Corporate Bonds USD SOFR 1Y
5 Oktober/ Morgan Lindung nilai atas risiko 5 Oktober/ USD Suku bunga tetap Suku bunga 9 Februari/
October 2023 Stanley & suku bunga pada October 2023 2,960,000 sebesar 4,88% mengambang February
Company sebagian eksposur per tahun/Fixed sebesar suku 2026
International Obligasi Korporasi/To interest rate of bunga USD
SOFR
Ltd hedge interest rate risk on 4.88% per annum 1Y/Floating
certain portion of interest rate of
Corporate Bonds USD SOFR 1Y
26 September/ Morgan Lindung nilai atas risiko 26 September/ USD Suku bunga tetap Suku bunga 9 Februari/
September Stanley & suku bunga pada September 4,260,000 sebesar 4,89% mengambang February
2023 Company sebagian eksposur 2023 per tahun/Fixed sebesar suku 2026
International Obligasi Korporasi/To interest rate of bunga USD
SOFR 1Y/
Ltd hedge interest rate risk on 4.89% per annum Floating interest
certain portion of rate of USD
Corporate Bonds SOFR 1Y
20 September/ Morgan Lindung nilai atas risiko 20 September/ USD Suku bunga tetap Suku bunga 4 April/
September Stanley & suku bunga pada September 2,940,000 sebesar 4,80% mengambang April 2026
2023 Company sebagian eksposur 2023 per tahun/Fixed sebesar suku
International Obligasi Korporasi/To interest rate of bunga USD
SOFR 1Y/
Ltd hedge interest rate risk on 4.80% per annum Floating interest
certain portion of rate of USD
Corporate Bonds SOFR 1Y
15 September/ Morgan Lindung nilai atas risiko 15 September/ USD Suku bunga tetap Suku bunga 19 April/
September Stanley & suku bunga pada September 3,850,000 sebesar 4,72% mengambang April 2026
2023 Company sebagian eksposur 2023 per tahun/Fixed sebesar suku
International Obligasi Korporasi/To interest rate of bunga USD
SOFR 1Y/
Ltd hedge interest rate risk on 4.72% per annum Floating interest
certain portion of rate of USD
Corporate Bonds SOFR 1Y
Halaman – 5/98 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 748
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
11. TAGIHAN DAN LIABILITAS DERIVATIF (lanjutan) 11. DERIVATIVE RECEIVABLES AND PAYABLES
(continued)
c. Lindung nilai wajar dengan kontrak swap tingkat c. Fair value hedge using interest rate swap (“IRS”)
suku bunga (”IRS”) (lanjutan) contracts (continued)
ii) Obligasi korporasi (lanjutan) ii) Corporate bonds (continued)
2025
Tanggal
Obligasi Suku bunga Suku bunga Jatuh
Korporasi/ yang dibayarkan/ yang diterima/ tempo/
Tanggal/ Pihak ketiga/ Corporate Nosional/ Paid of interest Received of Maturity
Date Third party Tujuan/Purpose Bond date Notional rate interest rate date
23 Agustus/ Morgan Lindung nilai atas risiko 23 Agustus/ USD Suku bunga tetap Suku bunga 15 Mei/
August 2023 Stanley & suku bunga pada August 2023 2,830,000 sebesar 4,42% mengambang May 2027
Company sebagian eksposur per tahun/Fixed sebesar suku
International Obligasi Korporasi/To interest rate of bunga USD
SOFR 1Y/
Ltd hedge interest rate risk on 4.42% per annum Floating interest
certain portion of rate of USD
Corporate Bonds SOFR 1Y
23 Agustus/ Morgan Lindung nilai atas risiko 23 Agustus/ USD Suku bunga tetap Suku bunga 15 Mei/
August 2023 Stanley & suku bunga pada August 2023 5,370,000 sebesar 4,42% mengambang May 2027
Company sebagian eksposur per tahun/Fixed sebesar suku
International Obligasi Korporasi/To interest rate of bunga USD
SOFR 1Y/
Ltd hedge interest rate risk on 4.42% per annum Floating interest
certain portion of rate of USD
Corporate Bonds SOFR 1Y
26 Juni/ Morgan Lindung nilai atas risiko 26 Juni/ USD Suku bunga tetap Suku bunga 21 Mei/
June 2023 Stanley & suku bunga pada June 2023 4,870,000 sebesar 3,82% mengambang May 2028
Company sebagian eksposur per tahun/Fixed sebesar suku
International Obligasi Korporasi/To interest rate of bunga USD
SOFR 1Y/
Ltd hedge interest rate risk on 3.82% per annum Floating interest
certain portion of rate of USD
Corporate Bonds SOFR 1Y
11 Mei/ Morgan Lindung nilai atas risiko 11 Mei/ USD Suku bunga tetap Suku bunga 17 Mei/
May 2023 Stanley & suku bunga pada May 2023 5,700,000 sebesar 3,32% mengambang May 2027
Company sebagian eksposur per tahun/Fixed sebesar suku
International Obligasi Korporasi/To interest rate of bunga USD
SOFR 1Y/
Ltd hedge interest rate risk on 3.32% per annum Floating interest
certain portion of rate of USD
Corporate Bonds SOFR 1Y
5 Mei/ Morgan Lindung nilai atas risiko 5 Mei/ USD Suku bunga tetap Suku bunga 17 Mei/
May 2023 Stanley & suku bunga pada May 2023 4,750,000 sebesar 3,26% mengambang May 2027
Company sebagian eksposur per tahun/Fixed sebesar suku
International Obligasi Korporasi/To interest rate of bunga USD
Ltd hedge interest rate risk on 3.26% per annum SOFR 1Y/
certain portion of Floating interest
Corporate Bonds rate of USD
SOFR 1Y
Halaman – 5/99 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 749
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
11. TAGIHAN DAN LIABILITAS DERIVATIF (lanjutan) 11. DERIVATIVE RECEIVABLES AND PAYABLES
(continued)
c. Lindung nilai wajar dengan kontrak swap tingkat c. Fair value hedge using interest rate swap (“IRS”)
suku bunga (”IRS”) (lanjutan) contracts (continued)
iii) Obligasi subordinasi iii) Subordinated bonds
Pada tanggal 31 Desember 2025, 2024, dan 2023, As at 31 December 2025, 2024, and 2023, there
tidak terdapat lindung nilai wajar dengan kontrak was no fair value hedge using interest rate swap
swap tingkat suku bunga (”IRS”) untuk obligasi (“IRS”) contracts for subordinated bonds.
subordinasi.
iv) Obligasi yang diterbitkan iv) Bonds issued
Pada tanggal 31 Desember 2025, 2024, dan 2023, As at 31 December 2025, 2024, and 2023, there
tidak terdapat lindung nilai wajar dengan kontrak was no fair value hedge using interest rate swap
swap tingkat suku bunga (“IRS”) untuk obligasi (“IRS”) contracts for bonds issued.
yang diterbitkan.
Perubahan nilai wajar dari kontrak IRS sebagai The changes in fair values of IRS contracts as the
instrumen lindung nilai obligasi Pemerintah dan obligasi hedging instruments the Government bonds and the
korporasi, sebagai item yang dilindung nilai, akibat dari corporate bonds, as the hedge items, as a result of
penerapan lindung nilai dibebankan sebagai laba rugi. hedge accounting implementation, are charged/credited
Perubahan nilai wajar instrumen lindung nilai dan item as profit or loss. The changes in fair values of hedge
yang dilindung nilai akan saling off-set dan selisihnya instruments and hedged items are off-set and the
merupakan bagian yang tidak efektif dan dicatat amounts representing the ineffective portion are
sebagai keuntungan/kerugian dari perubahan nilai recorded as gains/losses from changes in fair values of
wajar derivatif pada laba rugi (lihat Catatan 39). derivative as profit or loss (refer to Note 39).
Sejak diterapkannya akuntansi lindung nilai wajar Starting from the implementation of fair value hedge
tersebut, manajemen telah memiliki dokumentasi accounting, management has been able to document
mengenai hubungan antara instrumen lindung nilai dan the relationship between hedging instruments and
item yang dilindung nilai dan juga tujuan manajemen hedged items, as well as its risk management objective
risikonya serta strategi dalam melakukan berbagai and strategy for undertaking various hedge
transaksi lindung nilai. transactions.
Dokumentasi juga meliputi penilaian pemenuhan The documentation also consists of hedge fulfillness
kriteria akuntansi lindung nilai dari derivatif yang criteria accounting of derivatives, as the hedge
digunakan sebagai instrumen lindung nilai dan item instruments, against the hedged items. The assessment
yang dilindung nilai. Penilaian ini dilakukan baik pada is tested at inception of the hedge and through out the
permulaan lindung nilai tersebut diterapkan dan pada period of the hedge.
saat-saat berikutnya secara berkelanjutan.
Tagihan derivatif dan liabilitas derivatif dengan pihak Derivative receivables and payables with related party
berelasi diungkapkan pada Catatan 48. are disclosed in Note 48.
Halaman – 5/100 – Page
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Page 750
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
12. KREDIT YANG DIBERIKAN 12. LOANS
Kredit yang diberikan kepada pihak berelasi diungkapkan Loans to related parties are disclosed in Note 48.
dalam Catatan 48. Informasi mengenai tingkat suku bunga Information in respect of interest rates are disclosed in Notes
diungkapkan dalam Catatan 53. 53.
a. Berdasarkan jenis, mata uang, dan kualitas kredit a. By type, currency, and loans quality
Kualitas kredit yang diberikan berdasarkan jenis Loans quality by type with staging approach for
dengan pendekatan tahapan untuk konvensional dan conventional and impaired and unimpaired loans, and
kredit yang mengalami penurunan nilai dan tidak collectively and individually assessed for sharia:
mengalami penurunan nilai serta penilaian secara
kolektif dan individual untuk syariah:
2025
Tahap/ Tahap/ Tahap/ Jumlah/
Stage 1 Stage 2 Stage 3 Total
Konvensional Conventional
Pihak Berelasi Related parties
Rupiah Rupiah
Konsumsi 142,968 - - 142,968 Consumer
Sub jumlah 142,968 - - 142,968 Sub total
Dolar Amerika Serikat United States Dollar
Konsumsi 3,335 - - 3,335 Consumer
Sub jumlah 3,335 - - 3,335 Sub total
Jumlah pihak berelasi 146,303 - - 146,303 Total related parties
Pihak Ketiga Third parties
Rupiah Rupiah
Konsumsi 38,780,082 1,402,885 860,707 41,043,674 Consumer
Modal Kerja 62,495,621 6,360,462 2,172,530 71,028,613 Working capital
Investasi 20,869,166 2,375,581 755,646 24,000,393 Investment
Sub jumlah 122,144,869 10,138,928 3,788,883 136,072,680 Sub total
Dolar Amerika Serikat United States Dollar
Konsumsi 100,734 6,591 - 107,325 Consumer
Modal Kerja 24,353,871 1,424,635 1,758,931 27,537,437 Working capital
Investasi 8,210,892 89,420 32,023 8,332,335 Investment
Sub jumlah 32,665,497 1,520,646 1,790,954 35,977,097 Sub total
Dolar Singapura Singapore Dollar
Modal Kerja 17,907 3,630 - 21,537 Working capital
Sub jumlah 17,907 3,630 - 21,537 Sub total
Yuan China Chinese Yuan
Modal Kerja 46,024 5,561 - 51,585 Working capital
Sub jumlah 46,024 5,561 - 51,585 Sub total
Dolar Australia Australian Dollar
Modal Kerja 9,926 - - 9,926 Working capital
Sub jumlah 9,926 - - 9,926 Sub total
Jumlah pihak ketiga 154,884,223 11,668,765 5,579,837 172,132,825 Total third parties
Jumlah 155,030,526 11,668,765 5,579,837 172,279,128 Total
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (661,040) (802,446) (4,973,388) (6,436,874) impairment losses
Jumlah - bersih 154,369,486 10,866,319 606,449 165,842,254 Total - net
Halaman – 5/101 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 751
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
12. KREDIT YANG DIBERIKAN (lanjutan) 12. LOANS (continued)
a. Berdasarkan jenis, mata uang, dan kualitas kredit a. By type, currency, and loans quality (continued)
(lanjutan)
Kualitas kredit yang diberikan berdasarkan jenis Loans quality by type with staging approach for
dengan pendekatan tahapan untuk konvensional dan conventional and impaired and unimpaired loans, and
kredit yang mengalami penurunan nilai dan tidak collectively and individually assessed for sharia:
mengalami penurunan nilai serta penilaian secara (continued)
kolektif dan individual untuk syariah: (lanjutan)
2025
Mengalami
penurunan nilai
Tidak mengalami dan penilaian
penurunan nilai secara kolektif
dan penilaian dan individual/
secara kolektif/ Impaired and
Unimpaired collectively and
and collectively individually Jumlah/
assessed assessed Total
Syariah Sharia
Pihak Ketiga Third parties
Rupiah Rupiah
Konsumsi 26,842,302 995,111 27,837,413 Consumer
Modal Kerja 11,152,291 109,574 11,261,865 Working capital
Investasi 11,044,709 605,637 11,650,346 Investment
Sub jumlah 49,039,302 1,710,322 50,749,624 Sub total
Dolar Amerika Serikat United States Dollar
Modal Kerja 3,461,730 - 3,461,730 Working capital
Investasi 1,079,280 - 1,079,280 Investment
Sub jumlah 4,541,010 - 4,541,010 Sub total
Dolar Australia Australian Dollar
Modal Kerja 302,581 - 302,581 Working capital
Sub jumlah 302,581 - 302,581 Sub total
Euro Euro
Modal Kerja 79,549 - 79,549 Working capital
Sub jumlah 79,549 - 79,549 Sub total
Yuan Cina Chinese Yuan
Modal Kerja 46,091 - 46,091 Working capital
Sub jumlah 46,091 - 46,091 Sub total
Jumlah 54,008,533 1,710,322 55,718,855 Total
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (589,183) (1,027,498) (1,616,681) impairment losses
Jumlah - bersih 53,419,350 682,824 54,102,174 Total - net
Total kredit yang diberikan 227,997,983 Total loans
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai - konvensional dan syariah (8,053,555) impairment losses - conventional and sharia
Total kredit yang diberikan- bersih 219,944,428 Total loans- net
Halaman – 5/102 – Page
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Page 752
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
12. KREDIT YANG DIBERIKAN (lanjutan) 12. LOANS (continued)
a. Berdasarkan jenis, mata uang, dan kualitas kredit a. By type, currency, and loans quality (continued)
(lanjutan)
Kualitas kredit yang diberikan berdasarkan jenis Loans quality by type with staging approach for
dengan pendekatan tahapan untuk konvensional dan conventional and impaired and unimpaired loans, and
kredit yang mengalami penurunan nilai dan tidak collectively and individually assessed for sharia:
mengalami penurunan nilai serta penilaian secara (continued)
kolektif dan individual untuk syariah: (lanjutan)
2024
Tahap/ Tahap/ Tahap/ Jumlah/
Stage 1 Stage 2 Stage 3 Total
Konvensional Conventional
Pihak Berelasi Related parties
Rupiah Rupiah
Konsumsi 120,875 - - 120,875 Consumer
Sub jumlah 120,875 - - 120,875 Sub total
Dolar Amerika Serikat United States Dollar
Konsumsi 1,449 - - 1,449 Consumer
Sub jumlah 1,449 - - 1,449 Sub total
Jumlah pihak berelasi 122,324 - - 122,324 Total related parties
Pihak Ketiga Third parties
Rupiah Rupiah
Konsumsi 32,199,181 1,862,545 891,037 34,952,763 Consumer
Modal Kerja 54,284,951 5,784,168 2,172,364 62,241,483 Working capital
Investasi 23,622,892 3,036,690 1,543,317 28,202,899 Investment
Sub jumlah 110,107,024 10,683,403 4,606,718 125,397,145 Sub total
Dolar Amerika Serikat United States Dollar
Konsumsi 93,452 483 - 93,935 Consumer
Modal Kerja 16,980,023 1,781,654 2,986,450 21,748,127 Working capital
Investasi 9,586,041 491,157 65,254 10,142,452 Investment
Sub jumlah 26,659,516 2,273,294 3,051,704 31,984,514 Sub total
Dolar Singapura Singapore Dollar
Modal Kerja 31,669 6,028 - 37,697 Working capital
Sub jumlah 31,669 6,028 - 37,697 Sub total
Euro Euro
Modal Kerja 14,577 - - 14,577 Working capital
Sub jumlah 14,577 - - 14,577 Sub total
Yuan China Chinese Yuan
Modal Kerja 7,207 97,542 - 104,749 Working capital
Sub jumlah 7,207 97,542 - 104,749 Sub total
Jumlah pihak ketiga 136,819,993 13,060,267 7,658,422 157,538,682 Total third parties
Jumlah 136,942,317 13,060,267 7,658,422 157,661,006 Total
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (1,025,146) (999,024) (6,696,147) (8,720,317) impairment losses
Jumlah - bersih 135,917,171 12,061,243 962,275 148,940,689 Total - net
Halaman – 5/103 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 753
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
12. KREDIT YANG DIBERIKAN (lanjutan) 12. LOANS (continued)
a. Berdasarkan jenis, mata uang, dan kualitas kredit a. By type, currency, and loans quality (continued)
(lanjutan)
Kualitas kredit yang diberikan berdasarkan jenis Loans quality by type with staging approach for
dengan pendekatan tahapan untuk konvensional dan conventional and impaired and unimpaired loans, and
kredit yang mengalami penurunan nilai dan tidak collectively and individually assessed for sharia:
mengalami penurunan nilai serta penilaian secara (continued)
kolektif dan individual untuk syariah: (lanjutan)
2024
Mengalami
penurunan nilai
Tidak mengalami dan penilaian
penurunan nilai secara kolektif
dan penilaian dan individual/
secara kolektif/ Impaired and
Unimpaired collectively and
and collectively individually Jumlah/
assessed assessed Total
Syariah Sharia
Pihak Ketiga Third parties
Rupiah Rupiah
Konsumsi 30,823,193 790,394 31,613,587 Consumer
Modal Kerja 9,964,203 76,967 10,041,170 Working capital
Investasi 14,323,892 622,709 14,946,601 Investment
Sub jumlah 55,111,288 1,490,070 56,601,358 Sub total
Dolar Amerika Serikat United States Dollar
Modal Kerja 2,530,764 - 2,530,764 Working capital
Investasi 811,210 - 811,210 Investment
Sub jumlah 3,341,974 - 3,341,974 Sub total
Dolar Australia Australian Dollar
Modal Kerja 268,919 - 268,919 Working capital
Sub jumlah 268,919 - 268,919 Sub total
Euro Euro
Modal Kerja 75,313 - 75,313 Working capital
Sub jumlah 75,313 - 75,313 Sub total
Yuan Cina Chinese Yuan
Modal Kerja 1,366 - 1,366 Working capital
Sub jumlah 1,366 - 1,366 Sub total
Jumlah 58,798,860 1,490,070 60,288,930 Total
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (618,601) (1,112,208) (1,730,809) impairment losses
Jumlah - bersih 58,180,259 377,862 58,558,121 Total - net
Total kredit yang diberikan 217,949,936 Total loans
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai - konvensional dan syariah (10,451,126) impairment losses - conventional and sharia
Total kredit yang diberikan- bersih 207,498,810 Total loans- net
Halaman – 5/104 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 754
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
12. KREDIT YANG DIBERIKAN (lanjutan) 12. LOANS (continued)
a. Berdasarkan jenis, mata uang, dan kualitas kredit a. By type, currency, and loans quality (continued)
(lanjutan)
Kualitas kredit yang diberikan berdasarkan jenis Loans quality by type with staging approach for
dengan pendekatan tahapan untuk konvensional dan conventional and impaired and unimpaired loans, and
kredit yang mengalami penurunan nilai dan tidak collectively and individually assessed for sharia:
mengalami penurunan nilai serta penilaian secara (continued)
kolektif dan individual untuk syariah: (lanjutan)
2023
Tahap/ Tahap/ Tahap/ Jumlah/
Stage 1 Stage 2 Stage 3 Total
Konvensional Conventional
Pihak Berelasi Related parties
Rupiah Rupiah
Konsumsi 169,371 - - 169,371 Consumer
Sub jumlah 169,371 - - 169,371 Sub total
Dolar Amerika Serikat United States Dollar
Konsumsi 1,386 - - 1,386 Consumer
Sub jumlah 1,386 - - 1,386 Sub total
Jumlah pihak berelasi 170,757 - - 170,757 Total related parties
Pihak Ketiga Third parties
Rupiah Rupiah
Konsumsi 32,396,448 2,422,108 724,672 35,543,228 Consumer
Modal Kerja 48,506,187 6,285,970 2,903,964 57,696,121 Working capital
Investasi 23,871,954 3,585,615 2,778,500 30,236,069 Investment
Sub jumlah 104,774,589 12,293,693 6,407,136 123,475,418 Sub total
Dolar Amerika Serikat United States Dollar
Konsumsi 104,749 492 - 105,241 Consumer
Modal Kerja 18,685,918 1,254,340 3,227,859 23,168,117 Working capital
Investasi 3,228,796 364,103 110,626 3,703,525 Investment
Sub jumlah 22,019,463 1,618,935 3,338,485 26,976,883 Sub total
Dolar Singapura Singapore Dollar
Modal Kerja 51,051 - - 51,051 Working capital
Investasi 1,150 - - 1,150 Investment
Sub jumlah 52,201 - - 52,201 Sub total
Jumlah pihak ketiga 126,846,253 13,912,628 9,745,621 150,504,502 Total third parties
Jumlah 127,017,010 13,912,628 9,745,621 150,675,259 Total
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (1,150,052) (1,295,281) (7,890,338) (10,335,671) impairment losses
Jumlah - bersih 125,866,958 12,617,347 1,855,283 140,339,588 Total - net
Halaman – 5/105 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 755
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
12. KREDIT YANG DIBERIKAN (lanjutan) 12. LOANS (continued)
a. Berdasarkan jenis, mata uang, dan kualitas kredit a. By type, currency, and loans quality (continued)
(lanjutan)
Kualitas kredit yang diberikan berdasarkan jenis Loans quality by type with staging approach for
dengan pendekatan tahapan untuk konvensional dan conventional and impaired and unimpaired loans, and
kredit yang mengalami penurunan nilai dan tidak collectively and individually assessed for sharia:
mengalami penurunan nilai serta penilaian secara (continued)
kolektif dan individual untuk syariah: (lanjutan)
2023
Mengalami
penurunan nilai
Tidak mengalami dan penilaian
penurunan nilai secara kolektif
dan penilaian dan individual/
secara kolektif/ Impaired and
Unimpaired collectively and
and collectively individually Jumlah/
assessed assessed Total
Syariah Sharia
Pihak Ketiga Third parties
Rupiah Rupiah
Konsumsi 29,159,421 534,199 29,693,620 Consumer
Modal Kerja 7,860,948 11,276 7,872,224 Working capital
Investasi 14,819,359 593,509 15,412,868 Investment
Sub jumlah 51,839,728 1,138,984 52,978,712 Sub total
Dolar Amerika Serikat United States Dollar
Modal Kerja 1,509,557 - 1,509,557 Working capital
Investasi 641,509 - 641,509 Investment
Sub jumlah 2,151,066 - 2,151,066 Sub total
Dolar Australia Australian Dollar
Modal Kerja 83,495 - 83,495 Working capital
Sub jumlah 83,495 - 83,495 Sub total
Euro Euro
Modal Kerja 21,198 - 21,198 Working capital
Sub jumlah 21,198 - 21,198 Sub total
Yuan Cina Chinese Yuan
Modal Kerja 6,820 - 6,820 Working capital
Sub jumlah 6,820 - 6,820 Sub total
Jumlah 54,102,307 1,138,984 55,241,291 Total
Dikurangi: Cadangan kerugian Less: Allowance for
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (662,795) (907,241) (1,570,036) impairment losses
Jumlah - bersih 53,439,512 231,743 53,671,255 Total - net
Total kredit yang diberikan 205,916,550 Total loans
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai - konvensional dan syariah (11,905,707) impairment losses - conventional and sharia
Total kredit yang diberikan- bersih 194,010,843 Total loans- net
Halaman – 5/106 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 756
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
12. KREDIT YANG DIBERIKAN (lanjutan) 12. LOANS (continued)
a. Berdasarkan jenis, mata uang, dan kualitas kredit a. By type, currency, and loans quality (continued)
(lanjutan)
Kualitas kredit berdasarkan kredit yang mengalami Loans quality based on impaired loan collectively and
penurunan nilai yang dinilai secara kolektif individually assessed as at 31 December 2025, 2024,
dan individual pada tanggal 31 Desember 2025, 2024, and 2023 were as follows:
dan 2023 adalah:
2025
Kolektif/ Individual/ Jumlah/
Collective Individual Total
Konsumsi 1,846,652 9,166 1,855,818 Consumer
Modal Kerja 911,440 3,129,595 4,041,035 Working capital
Investasi 84,598 1,308,708 1,393,306 Investment
Jumlah 2,842,690 4,447,469 7,290,159 Total
Dikurangi: Cadangan kerugian Less: Allowance for
*) *)
penurunan nilai (1,508,845) (4,492,041) (6,000,886) impairment losses
Jumlah - bersih 1,333,845 (44,572) 1,289,273 Total - net
*) Termasuk cadangan kerugian penurunan nilai atas pendapatan bunga Including allowance for impairment lossess of accrued *)
yang masih akan diterima dari kredit yang diberikan. interest income from loans. .
2024
Kolektif/ Individual/ Jumlah/
Collective Individual Total
Konsumsi 1,671,709 9,722 1,681,431 Consumer
Modal Kerja 1,049,124 4,186,657 5,235,781 Working capital
Investasi 96,498 2,134,782 2,231,280 Investment
Jumlah 2,817,331 6,331,161 9,148,492 Total
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (1,621,472) (6,186,883) (7,808,355) impairment losses
Jumlah - bersih 1,195,859 144,278 1,340,137 Total - net
2023
Kolektif/ Individual/ Jumlah/
Collective Individual Total
Konsumsi 1,239,918 18,953 1,258,871 Consumer
Modal Kerja 1,113,048 5,030,051 6,143,099 Working capital
Investasi 63,492 3,419,143 3,482,635 Investment
Jumlah 2,416,458 8,468,147 10,884,605 Total
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (1,315,340) (7,482,239) (8,797,579) impairment losses
Jumlah - bersih 1,101,118 985,908 2,087,026 Total - net
Halaman – 5/107 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 757
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
12. KREDIT YANG DIBERIKAN (lanjutan) 12. LOANS (continued)
b. Berdasarkan sektor ekonomi b. By economic sector
Kualitas kredit yang diberikan berdasarkan sektor Loans quality by economic sector with staging
ekonomi dengan pendekatan tahapan untuk approach for conventional and impaired and
konvensional dan kredit yang mengalami penurunan unimpaired loans and collectively and individually
nilai dan tidak mengalami penurunan nilai serta assessed for sharia:
penilaian secara kolektif dan individual untuk syariah:
2025
Tahap/ Tahap/ Tahap/ Jumlah/
Stage 1 Stage 2 Stage 3 Total
Konvensional Conventional
Rupiah Rupiah
Perindustrian 18,773,124 3,671,835 746,856 23,191,815 Manufacturing
Perdagangan, restoran, Trading, restaurants,
hotel, dan administrasi 24,964,368 2,328,715 1,055,156 28,348,239 hotels, and administration
Pertanian 4,631,802 478,888 53,592 5,164,282 Agriculture
Jasa usaha 16,903,665 1,518,118 643,185 19,064,968 Business services
Konstruksi 4,866,208 88,594 272,742 5,227,544 Construction
Pengangkutan, pergudangan, Transportation, warehousing,
dan komunikasi 5,431,763 630,656 65,233 6,127,652 and communication
Jasa pelayanan sosial 5,274,259 19,237 76,399 5,369,895 Social services
Pertambangan 952,266 - 15,013 967,279 Mining
Listrik, gas dan air 1,567,332 - - 1,567,332 Electricity, gas and water
Perumahan 15,035,380 714,564 385,772 16,135,716 Housing
Konsumsi 23,887,670 688,321 474,935 25,050,926 Consumer
Sub jumlah 122,287,837 10,138,928 3,788,883 136,215,648 Sub total
Mata uang asing Foreign currencies
Perindustrian 14,421,612 1,294,096 1,758,931 17,474,639 Manufacturing
Perdagangan, restoran, Trading, restaurants,
hotel, dan administrasi 1,476,233 114,716 - 1,590,949 hotels, and administration
Pertanian 4,762,477 - - 4,762,477 Agriculture
Jasa usaha 4,874,099 25,014 - 4,899,113 Business services
Konstruksi 314,817 - - 314,817 Construction
Pengangkutan, pergudangan, Transportation, warehousing,
dan komunikasi 2,844,012 - 32,023 2,876,035 and communication
Pertambangan 3,398,222 89,420 - 3,487,642 Mining
Listrik, gas dan air 547,148 - - 547,148 Electricity, gas and water
Konsumsi 104,069 6,591 - 110,660 Consumer
Sub jumlah 32,742,689 1,529,837 1,790,954 36,063,480 Sub total
Jumlah 155,030,526 11,668,765 5,579,837 172,279,128 Total
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (661,040) (802,446) (4,973,388) (6,436,874) impairment losses
Jumlah - bersih 154,369,486 10,866,319 606,449 165,842,254 Total - net
Halaman – 5/108 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 758
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
12. KREDIT YANG DIBERIKAN (lanjutan) 12. LOANS (continued)
b. Berdasarkan sektor ekonomi (lanjutan) b. By economic sector (continued)
Kualitas kredit yang diberikan berdasarkan sektor Loans quality by economic sector with staging
ekonomi dengan pendekatan tahapan untuk approach for conventional and impaired and
konvensional dan kredit yang mengalami penurunan unimpaired loans and collectively and individually
nilai dan tidak mengalami penurunan nilai serta assessed for sharia: (continued)
penilaian secara kolektif dan individual untuk syariah:
(lanjutan)
2025
Mengalami
penurunan nilai
Tidak mengalami dan penilaian
penurunan nilai secara kolektif
dan penilaian dan individual/
secara kolektif/ Impaired and
Unimpaired collectively and
and collectively individually Jumlah/
assessed assessed Total
Syariah Sharia
Rupiah Rupiah
Perindustrian 3,176,788 40,422 3,217,210 Manufacturing
Perdagangan, restoran, Trading, restaurants,
hotel, dan administrasi 4,319,596 111,595 4,431,191 hotels, and administration
Pertanian 1,743,491 - 1,743,491 Agriculture
Jasa usaha 5,290,056 2,892 5,292,948 Business services
Konstruksi 1,219,742 544,229 1,763,971 Construction
Pengangkutan, pergudangan, Transportation, warehousing,
dan komunikasi 2,444,035 11,568 2,455,603 and communication
Jasa pelayanan sosial 220,793 138 220,931 Social services
Pertambangan 826,271 - 826,271 Mining
Listrik, gas dan air 2,956,228 4,367 2,960,595 Electricity, gas and water
Perumahan 20,860,549 747,674 21,608,223 Housing
Konsumsi 5,981,753 247,437 6,229,190 Consumer
Sub jumlah 49,039,302 1,710,322 50,749,624 Sub total
Mata uang asing Foreign currencies
Perindustrian 638,058 - 638,058 Manufacturing
Perdagangan, restoran, Trading, restaurants,
hotel, dan administrasi 3,444,716 - 3,444,716 hotels, and administration
Pengangkutan, pergudangan, Transportation, warehousing,
dan komunikasi 384,411 - 384,411 and communication
Pertambangan 502,046 - 502,046 Mining
Sub jumlah 4,969,231 - 4,969,231 Sub total
Jumlah 54,008,533 1,710,322 55,718,855 Total
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (589,183) (1,027,498) (1,616,681) impairment losses
Jumlah - bersih 53,419,350 682,824 54,102,174 Total - net
Total kredit yang diberikan 227,997,983 Total loans
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai - konvensional dan syariah (8,053,555) impairment losses - conventional and sharia
Total kredit yang diberikan- bersih 219,944,428 Total loans- net
Halaman – 5/109 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 759
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
12. KREDIT YANG DIBERIKAN (lanjutan) 12. LOANS (continued)
b. Berdasarkan sektor ekonomi (lanjutan) b. By economic sector (continued)
Kualitas kredit yang diberikan berdasarkan sektor Loans quality by economic sector with staging
ekonomi dengan pendekatan tahapan untuk approach for conventional and impaired and
konvensional dan kredit yang mengalami penurunan unimpaired loans and collectively and individually
nilai dan tidak mengalami penurunan nilai serta assessed for sharia: (continued)
penilaian secara kolektif dan individual untuk syariah:
(lanjutan)
2024
Tahap/ Tahap/ Tahap/ Jumlah/
Stage 1 Stage 2 Stage 3 Total
Konvensional Conventional
Rupiah Rupiah
Perindustrian 16,166,558 3,877,170 867,419 20,911,147 Manufacturing
Perdagangan, restoran, Trading, restaurants,
hotel, dan administrasi 22,432,331 2,026,903 1,488,055 25,947,289 hotels, and administration
Pertanian 5,144,366 579,683 74,609 5,798,658 Agriculture
Jasa usaha 18,166,854 1,483,928 830,066 20,480,848 Business services
Konstruksi 5,006,641 61,725 275,931 5,344,297 Construction
Pengangkutan, pergudangan, Transportation, warehousing,
dan komunikasi 7,010,979 664,274 143,558 7,818,811 and communication
Jasa pelayanan sosial 1,400,120 121,176 11,232 1,532,528 Social services
Pertambangan 965,415 - 15,013 980,428 Mining
Listrik, gas dan air 1,614,579 5,999 9,798 1,630,376 Electricity, gas and water
Perumahan 12,225,956 1,334,714 410,804 13,971,474 Housing
Konsumsi 20,094,100 527,831 480,233 21,102,164 Consumer
Sub jumlah 110,227,899 10,683,403 4,606,718 125,518,020 Sub total
Mata uang asing Foreign currencies
Perindustrian 11,076,497 1,199,411 2,986,450 15,262,358 Manufacturing
Perdagangan, restoran, Trading, restaurants,
hotel, dan administrasi 903,491 570,289 - 1,473,780 hotels, and administration
Pertanian 5,912,805 - - 5,912,805 Agriculture
Jasa usaha 1,626,360 366,162 - 1,992,522 Business services
Konstruksi 1,192 - - 1,192 Construction
Pengangkutan, pergudangan, Transportation, warehousing,
dan komunikasi 1,772,961 1,307 65,254 1,839,522 and communication
Pertambangan 4,798,094 239,212 - 5,037,306 Mining
Listrik, gas dan air 528,117 - - 528,117 Electricity, gas and water
Konsumsi 94,901 483 - 95,384 Consumer
Sub jumlah 26,714,418 2,376,864 3,051,704 32,142,986 Sub total
Jumlah 136,942,317 13,060,267 7,658,422 157,661,006 Total
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (1,025,146) (999,024) (6,696,147) (8,720,317) impairment losses
Jumlah - bersih 135,917,171 12,061,243 962,275 148,940,689 Total - net
Halaman – 5/110 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 760
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
12. KREDIT YANG DIBERIKAN (lanjutan) 12. LOANS (continued)
b. Berdasarkan sektor ekonomi (lanjutan) b. By economic sector (continued)
Kualitas kredit yang diberikan berdasarkan sektor Loans quality by economic sector with staging
ekonomi dengan pendekatan tahapan untuk approach for conventional and impaired and
konvensional dan kredit yang mengalami penurunan unimpaired loans and collectively and individually
nilai dan tidak mengalami penurunan nilai serta assessed for sharia: (continued)
penilaian secara kolektif dan individual untuk syariah:
(lanjutan)
2024
Mengalami
penurunan nilai
Tidak mengalami dan penilaian
penurunan nilai secara kolektif
dan penilaian dan individual/
secara kolektif/ Impaired and
Unimpaired collectively and
and collectively individually Jumlah/
assessed assessed Total
Syariah Sharia
Rupiah Rupiah
Perindustrian 4,124,756 33,243 4,157,999 Manufacturing
Perdagangan, restoran, Trading, restaurants,
hotel, dan administrasi 4,774,694 141,021 4,915,715 hotels, and administration
Pertanian 1,909,354 - 1,909,354 Agriculture
Jasa usaha 5,162,195 4,610 5,166,805 Business services
Konstruksi 1,536,448 507,079 2,043,527 Construction
Pengangkutan, pergudangan, Transportation, warehousing,
dan komunikasi 2,359,597 7,480 2,367,077 and communication
Jasa pelayanan sosial 349,423 494 349,917 Social services
Pertambangan 780,853 - 780,853 Mining
Listrik, gas dan air 3,290,775 5,749 3,296,524 Electricity, gas and water
Perumahan 23,364,635 596,918 23,961,553 Housing
Konsumsi 7,458,558 193,476 7,652,034 Consumer
Sub jumlah 55,111,288 1,490,070 56,601,358 Sub total
Mata uang asing Foreign currencies
Perindustrian 512,367 - 512,367 Manufacturing
Perdagangan, restoran, Trading, restaurants,
hotel, dan administrasi 2,144,533 - 2,144,533 hotels, and administration
Pengangkutan, pergudangan, Transportation, warehousing,
dan komunikasi 449,263 - 449,263 and communication
Pertambangan 581,409 - 581,409 Mining
Sub jumlah 3,687,572 - 3,687,572 Sub total
Jumlah 58,798,860 1,490,070 60,288,930 Total
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (618,601) (1,112,208) (1,730,809) impairment losses
Jumlah - bersih 58,180,259 377,862 58,558,121 Total - net
Total kredit yang diberikan 217,949,936 Total loans
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai - konvensional dan syariah (10,451,126) impairment losses - conventional and sharia
Total kredit yang diberikan- bersih 207,498,810 Total loans- net
Halaman – 5/111 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 761
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
12. KREDIT YANG DIBERIKAN (lanjutan) 12. LOANS (continued)
b. Berdasarkan sektor ekonomi (lanjutan) b. By economic sector (continued)
Kualitas kredit yang diberikan berdasarkan sektor Loans quality by economic sector with staging
ekonomi dengan pendekatan tahapan untuk approach for conventional and impaired and
konvensional dan kredit yang mengalami penurunan unimpaired loans and collectively and individually
nilai dan tidak mengalami penurunan nilai serta assessed for sharia: (continued)
penilaian secara kolektif dan individual untuk syariah:
(lanjutan)
2023
Tahap/ Tahap/ Tahap/ Jumlah/
Stage 1 Stage 2 Stage 3 Total
Konvensional Conventional
Rupiah Rupiah
Perindustrian 15,661,068 3,791,316 1,394,750 20,847,134 Manufacturing
Perdagangan, restoran, Trading, restaurants,
hotel, dan administrasi 20,135,787 2,972,314 1,870,323 24,978,424 hotels, and administration
Pertanian 5,098,824 1,154,227 87,270 6,340,321 Agriculture
Jasa usaha 14,793,570 1,594,965 904,972 17,293,507 Business services
Konstruksi 5,369,112 88,643 335,117 5,792,872 Construction
Pengangkutan, pergudangan, Transportation, warehousing,
dan komunikasi 9,014,928 26,052 173,212 9,214,192 and communication
Jasa pelayanan sosial 587,295 224,119 892,008 1,703,422 Social services
Pertambangan 192,374 2,014 15,013 209,401 Mining
Listrik, gas dan air 1,525,183 17,935 9,799 1,552,917 Electricity, gas and water
Perumahan 13,800,507 1,810,222 388,834 15,999,563 Housing
Konsumsi 18,765,312 611,886 335,838 19,713,036 Consumer
Sub jumlah 104,943,960 12,293,693 6,407,136 123,644,789 Sub total
Mata uang asing Foreign currencies
Perindustrian 9,026,871 1,097,018 3,001,671 13,125,560 Manufacturing
Perdagangan, restoran, Trading, restaurants,
hotel, dan administrasi 1,263,370 121,873 248,106 1,633,349 hotels, and administration
Pertanian 3,703,542 - - 3,703,542 Agriculture
Jasa usaha 3,759,335 272,527 - 4,031,862 Business services
Konstruksi 998 - - 998 Construction
Pengangkutan, pergudangan, Transportation, warehousing,
dan komunikasi 1,552,439 - 88,708 1,641,147 and communication
Pertambangan 2,005,911 127,025 - 2,132,936 Mining
Listrik, gas dan air 654,449 - - 654,449 Electricity, gas and water
Konsumsi 106,135 492 - 106,627 Consumer
Sub jumlah 22,073,050 1,618,935 3,338,485 27,030,470 Sub total
Jumlah 127,017,010 13,912,628 9,745,621 150,675,259 Total
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (1,150,052) (1,295,281) (7,890,338) (10,335,671) impairment losses
Jumlah - bersih 125,866,958 12,617,347 1,855,283 140,339,588 Total - net
Halaman – 5/112 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 762
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
12. KREDIT YANG DIBERIKAN (lanjutan) 12. LOANS (continued)
b. Berdasarkan sektor ekonomi (lanjutan) b. By economic sector (continued)
Kualitas kredit yang diberikan berdasarkan sektor Loans quality by economic sector with staging
ekonomi dengan pendekatan tahapan untuk approach for conventional and impaired and
konvensional dan kredit yang mengalami penurunan unimpaired loans and collectively and individually
nilai dan tidak mengalami penurunan nilai serta assessed for sharia: (continued)
penilaian secara kolektif dan individual untuk syariah:
(lanjutan)
2023
Mengalami
penurunan nilai
Tidak mengalami dan penilaian
penurunan nilai secara kolektif
dan penilaian dan individual/
secara kolektif/ Impaired and
Unimpaired collectively and
and collectively individually Jumlah/
assessed assessed Total
Syariah Sharia
Rupiah Rupiah
Perindustrian 4,017,386 6,615 4,024,001 Manufacturing
Perdagangan, restoran, Trading, restaurants,
hotel, dan administrasi 4,618,991 81,704 4,700,695 hotels, and administration
Pertanian 1,936,181 - 1,936,181 Agriculture
Jasa usaha 2,875,725 1,718 2,877,443 Business services
Konstruksi 2,146,376 507,279 2,653,655 Construction
Pengangkutan, pergudangan, Transportation, warehousing,
dan komunikasi 2,554,563 1,720 2,556,283 and communication
Jasa pelayanan sosial 257,824 - 257,824 Social services
Pertambangan 618,840 - 618,840 Mining
Listrik, gas dan air 3,654,421 5,749 3,660,170 Electricity, gas and water
Perumahan 22,479,437 410,564 22,890,001 Housing
Konsumsi 6,679,984 123,635 6,803,619 Consumer
Sub jumlah 51,839,728 1,138,984 52,978,712 Sub total
Mata uang asing Foreign currencies
Perindustrian 368,686 - 368,686 Manufacturing
Perdagangan, restoran, Trading, restaurants,
hotel, dan administrasi 1,524,427 - 1,524,427 hotels, and administration
Jasa usaha 49,270 - 49,270 Business services
Pengangkutan, pergudangan, Transportation, warehousing,
dan komunikasi 154,977 - 154,977 and communication
Pertambangan 84,016 - 84,016 Mining
Listrik, gas dan air 81,203 - 81,203 Electricity, gas and water
Sub jumlah 2,262,579 - 2,262,579 Sub total
Jumlah 54,102,307 1,138,984 55,241,291 Total
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (662,795) (907,241) (1,570,036) impairment losses
Jumlah - bersih 53,439,512 231,743 53,671,255 Total - net
Total kredit yang diberikan 205,916,550 Total loans
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai - konvensional dan syariah (11,905,707) impairment losses - conventional and sharia
Total kredit yang diberikan- bersih 194,010,843 Total loans- net
Halaman – 5/113 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 763
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
12. KREDIT YANG DIBERIKAN (lanjutan) 12. LOANS (continued)
c. Berdasarkan jangka waktu perjanjian kredit c. By term of credit agreements
2025 2024 2023
Rupiah Rupiah
< 1 tahun 35,219,052 33,720,607 29,544,753 < 1 year
> 1 - < 2 tahun 27,174,106 25,414,799 27,528,556 > 1 - < 2 years
> 2 - < 5 tahun 38,837,558 31,662,521 22,054,713 > 2 - < 5 years
> 5 tahun 85,734,556 91,321,451 97,495,479 > 5 years
Sub jumlah 186,965,272 182,119,378 176,623,501 Sub total
Dolar Amerika Serikat United States Dollar
< 1 tahun 23,704,715 13,273,621 17,792,306 < 1 year
> 1 - < 2 tahun 2,435,512 6,132,407 1,691,147 > 1 - < 2 years
> 2 - < 5 tahun 5,524,488 5,773,617 3,155,952 > 2 - < 5 years
> 5 tahun 8,856,727 10,148,292 6,489,930 > 5 years
Sub jumlah 40,521,442 35,327,937 29,129,335 Sub total
Dolar Australia Australian Dollar
< 1 tahun 283,510 268,919 83,495 < 1 year
> 2 - < 5 tahun 28,997 - - > 2 - < 5 years
Sub jumlah 312,507 268,919 83,495 Sub total
Dolar Singapura Singapore Dollar
< 1 tahun 1,297 2,474 44,962 < 1 year
> 1 - < 2 tahun 20,240 35,223 7,239 > 1 - < 2 years
Sub jumlah 21,537 37,697 52,201 Sub total
Euro Euro
< 1 tahun 79,549 89,890 21,198 < 1 year
Yuan China Chinese Yuan
< 1 tahun 97,676 106,115 6,820 < 1 year
Jumlah 227,997,983 217,949,936 205,916,550 Total
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (8,053,555) (10,451,126) (11,905,707) impairment losses
Jumlah - bersih 219,944,428 207,498,810 194,010,843 Total - net
d. Berdasarkan jatuh tempo d. By maturity date
Informasi mengenai jatuh tempo diungkapkan pada Information in respect of maturities is disclosed in
Catatan 55. Note 55.
e. Suku bunga rata-rata per tahun e. Average annual interest rates
2025 2024 2023
Rupiah 8.11% 8.32% 8.34% Rupiah
Mata uang asing 5.36% 6.22% 5.58% Foreign currencies
Halaman – 5/114 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 764
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
12. KREDIT YANG DIBERIKAN (lanjutan) 12. LOANS (continued)
f. Mutasi kredit yang diberikan f. Movement of loans
Mutasi kredit yang diberikan berdasarkan tahapan The movement of loans based on staging are as
adalah: follows:
2025
Konvensional/Conventional
Tahap/ Tahap/
Stage 3 Stage 3
Tahap/ Tahap/ Kolektif/ Individual/ Jumlah/ Syariah/ Jumlah/
Stage 1 Stage 2 Collective Individual Total Sharia Total
Saldo awal 136,942,317 13,060,267 1,865,762 5,792,660 157,661,006 60,288,930 217,949,936 Beginning balance
Perubahan kredit berdasarkan perpindahan Changes in loans due to
antar tahapan: transfer within stages:
Pindah ke Tahap 1 2,547,353 (2,446,290) (101,063) - - - - Transfer to Stage 1
Pindah ke Tahap 2 (2,385,067) 2,452,760 (67,693) - - - - Transfer to Stage 2
Pindah ke Tahap 3 (551,199) (296,861) 848,060 - - - - Transfer to Stage 3
Pindah dari kolektif ke individual - (223,148) - 223,148 - - - Transfer from collective to individual
Total perpindahan antar tahapan (388,913) (513,539) 679,304 223,148 - - - Total transfer within stages
Penambahan kredit selama tahun berjalan 27,433,153 - - - 27,433,153 3,959,937 31,393,090 Additional loans during the year
Pindah ke Tahap 2 dan 3 (343,793) 270,974 72,819 - - - - Transfer to Stage 2 and 3
Penghapusbukuan kredit - - (1,265,147) (1,078,967) (2,344,114) (598,486) (2,942,600) Write-off loans
Perubahan lainnya pada kredit termasuk Other changes in loans including
pelunasan penuh dan pembayaran sebagian (9,579,024) (1,239,378) 400,414 (794,507) (11,212,495) (8,090,594) (19,303,089) fully settlement or partial repayment
Penjualan kredit ke pihak ketiga - - (27,672) (397,948) (425,620) (4,700) (430,320) Loan sale to third party
Lain-lain *) 966,786 90,441 - 109,971 1,167,198 163,768 1,330,966 Others *)
Saldo akhir 155,030,526 11,668,765 1,725,480 3,854,357 172,279,128 55,718,855 227,997,983 Ending balance
* Termasuk selisih kurs karena penjabaran mata uang asing Include effect of foreign currency translations *
2024
Konvensional/Conventional
Tahap/ Tahap/
Stage 3 Stage 3
Tahap/ Tahap/ Kolektif/ Individual/ Jumlah/ Syariah/ Jumlah/
Stage 1 Stage 2 Collective Individual Total Sharia Total
Saldo awal 127,017,010 13,912,628 1,817,087 7,928,534 150,675,259 55,241,291 205,916,550 Beginning balance
Perubahan kredit berdasarkan perpindahan Changes in loans due to
antar tahapan: transfer within stages:
Pindah ke Tahap 1 1,808,290 (1,752,275) (56,015) - - - - Transfer to Stage 1
Pindah ke Tahap 2 (2,360,824) 2,433,788 (72,964) - - - - Transfer to Stage 2
Pindah ke Tahap 3 (464,652) (350,943) 815,595 - - - - Transfer to Stage 3
Pindah dari kolektif ke individual - (32,328) - 32,328 - - - Transfer from collective to individual
Total perpindahan antar tahapan (1,017,186) 298,242 686,616 32,328 - - - Total transfer within stages
Penambahan kredit selama tahun berjalan 24,177,033 - - - 24,177,033 10,852,631 35,029,664 Additional loans during the year
Pindah ke Tahap 2 dan 3 (660,831) 634,061 26,770 - - - - Transfer to Stage 2 and 3
Penghapusbukuan kredit - - (841,865) (586,561) (1,428,426) (292,558) (1,720,984) Write-off loans
Perubahan lainnya pada kredit termasuk Other changes in loans including
pelunasan penuh dan pembayaran sebagian (13,572,743) (1,858,056) 241,018 (437,159) (15,626,940) (5,605,685) (21,232,625) fully settlement or partial repayment
Penjualan kredit ke pihak ketiga - - (63,864) (1,295,827) (1,359,691) - (1,359,691) Loan sale to third party
Lain-lain *) 999,034 73,392 - 151,345 1,223,771 93,251 1,317,022 Others *)
Saldo akhir 136,942,317 13,060,267 1,865,762 5,792,660 157,661,006 60,288,930 217,949,936 Ending balance
* Termasuk selisih kurs karena penjabaran mata uang asing Include effect of foreign currency translation *
2023
Konvensional/Conventional
Tahap/ Tahap/
Stage 3 Stage 3
Tahap/ Tahap/ Kolektif/ Individual/ Jumlah/ Syariah/ Jumlah/
Stage 1 Stage 2 Collective Individual Total Sharia Total
Saldo awal 114,985,239 15,367,890 2,178,810 10,965,469 143,497,408 47,194,782 190,692,190 Beginning balance
Perubahan kredit berdasarkan perpindahan Changes in credit due to
antar tahapan: transfer within stages:
Pindah ke Tahap 1 2,472,861 (2,384,274) (88,587) - - - - Transfer to Stage 1
Pindah ke Tahap 2 (3,349,541) 3,586,519 (236,978) - - - - Transfer to Stage 2
Pindah ke Tahap 3 (380,911) (521,648) 902,559 - - - - Transfer to Stage 3
Pindah dari kolektif ke individual - (188,547) - 188,547 - - - Transfer from collective to individual
Pindah dari individual ke kolektif 118,611 391,002 - (509,613) - - - Transfer from individual to collective
Total perpindahan antar tahapan (1,138,980) 883,052 576,994 (321,066) - - - Total transfer within stages
Penambahan kredit selama tahun berjalan 18,274,140 - - - 18,274,140 12,885,913 31,160,053 Additional loans during the year
Pindah ke Tahap 2 dan 3 (140,982) 114,931 26,051 - - - - Transfer to Stage 2 and 3
Penghapusbukuan kredit - - (997,636) (913,898) (1,911,534) (282,525) (2,194,059) Write-off loans
Perubahan lainnya pada kredit termasuk Other changes in loans including
pelunasan penuh dan pembayaran sebagian (4,789,500) (2,438,043) 50,066 (1,131,343) (8,308,820) (4,495,148) (12,803,968) fully settlement or partial repayment
Penjualan kredit ke pihak ketiga - - (17,157) (623,547) (640,704) (26,893) (667,597) Loan sale to third party
Lain-lain *) (172,907) (15,202) (41) (47,081) (235,231) (34,838) (270,069) Others *)
Saldo akhir 127,017,010 13,912,628 1,817,087 7,928,534 150,675,259 55,241,291 205,916,550 Ending balance
* Termasuk selisih kurs karena penjabaran mata uang asing Include effect of foreign currency translations *
Halaman – 5/115 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 765
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
12. KREDIT YANG DIBERIKAN (lanjutan) 12. LOANS (continued)
g. Kredit sindikasi g. Syndicated loans
Kredit sindikasi merupakan kredit yang diberikan Syndicated loans represent loans provided to the
kepada debitur berdasarkan perjanjian pembiayaan debtor under syndication agreements with other
bersama dengan bank lain. banks.
Jumlah kredit sindikasi yang dimiliki oleh Bank CIMB The amount of syndicated loans that owned by Bank
Niaga Pada tanggal 31 Desember 2025 adalah CIMB Niaga As at 31 December 2025 amounting to
sebesar Rp 33.608.202 baik sebagai partisipan Rp 33,608,202 both as participant and as arranger
maupun arranger (2024: Rp 37.672.166; (2024: Rp 37,672,166; 2023: Rp 28,727,010). Bank
2023: Rp 28.727.010). Partisipasi Bank CIMB Niaga CIMB Niaga’s participation in syndicated loans as at
dalam kredit sindikasi tersebut pada tanggal 31 December 2025 is 1.26% - 35.71%
31 Desember 2025 sebesar 1,26% - 35,71% (2024: 1.27% - 35.71%; 2023: 2.00% - 74.96%). Bank
(2024: 1,27% - 35,71%; 2023: 2,00% - 74,96%). CIMB Niaga also acted as lead manager and/or
Bank CIMB Niaga juga bertindak selaku pimpinan arranger, where the percentage of Bank CIMB Niaga
dan/atau arranger, dimana persentase Bank CIMB as arranger is 1.80% - 50.00% of the total syndicated
Niaga sebagai arranger adalah sebesar loans as at 31 December 2025 (2024: is 2.53% -
1,80% - 50,00% dari seluruh kredit sindikasi tersebut 50.00%; 2023: 4.00% - 79.34%).
pada tanggal 31 Desember 2025 (2024: 2,53% -
50,00%; 2023: 4,00% - 79,34%).
h. Cadangan kerugian penurunan nilai h. Allowance for impairment losses
Mutasi cadangan kerugian penurunan nilai kredit yang The movements of allowance for impairment losses
diberikan adalah: were as follows:
2025
Konvensional/Conventional
Tahap/ Tahap/
Stage 3 Stage 3
Tahap/ Tahap/ Kolektif/ Individual/ Jumlah/ Syariah/ Jumlah/
Stage 1 Stage 2 Collective Individual Total Sharia Total
Saldo awal 1,025,146 999,024 1,121,167 5,574,980 8,720,317 1,730,809 10,451,126 Beginning balance
Perubahan pada cadangan kerugian kredit Changes in expected credit losses due to
berdasarkan perpindahan antar tahapan: transfer within stages:
Pindah ke Tahap 1 146,070 (109,101) (36,969) - - - - Transfer to Stage 1
Pindah ke Tahap 2 (30,491) 66,900 (36,409) - - - - Transfer to Stage 2
Pindah ke Tahap 3 (7,656) (31,959) 39,615 - - - - Transfer to Stage 3
Pindah dari kolektif ke individual - (61,219) - 61,219 - - - Transfer from collective to individual
Total perpindahan antar tahapan 107,923 (135,379) (33,763) 61,219 - - - Total transfer within stages
Penambahan cadangan kerugian atas Additional allowance for impairment losses
kredit baru selama tahun berjalan 204,567 - - - 204,567 32,408 236,975 from new loans during the year
Pindah ke Tahap 2 dan 3 (81,907) 28,779 53,128 - - - - Transfer to Stage 2 and 3
Kredit yang telah dilunasi (327,227) (44,164) (25,490) (4,902) (401,783) (67,678) (469,461) Loans that have been derecognised
Perubahan pada risiko kredit (261,685) (51,315) 1,219,965 (272,052) 634,913 527,095 1,162,008 Change in credit risk
Total yang dibebankan ke laba rugi (466,252) (66,700) 1,247,603 (276,954) 437,697 491,825 929,522 Total charge to Income Statement
Penghapusan selama tahun berjalan - - (1,265,147) (1,078,967) (2,344,114) (598,486) (2,942,600) Write-off during the year
Penjualan kredit ke pihak ketiga - - (14,943) (309,579) (324,522) (4,700) (329,222) Loan sale to third party
Lain-lain *) (5,777) 5,501 (138,061) 85,833 (52,504) (2,767) (55,271) Others *)
Saldo akhir 661,040 802,446 916,856 4,056,532 6,436,874 1,616,681 8,053,555 Ending balance
* Termasuk selisih kurs karena penjabaran mata uang asing Include effect of foreign currency translation *
Halaman – 5/116 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 766
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
12. KREDIT YANG DIBERIKAN (lanjutan) 12. LOANS (continued)
h. Cadangan kerugian penurunan nilai (lanjutan) h. Allowance for impairment losses (continued)
Mutasi cadangan kerugian penurunan nilai kredit yang The movements of allowance for impairment losses
diberikan adalah: (lanjutan) were as follows: (continued)
2024
Konvensional/Conventional
Tahap/ Tahap/
Stage 3 Stage 3
Tahap/ Tahap/ Kolektif/ Individual/ Jumlah/ Syariah/ Jumlah/
Stage 1 Stage 2 Collective Individual Total Sharia Total
Saldo awal 1,150,052 1,295,281 980,204 6,910,134 10,335,671 1,570,036 11,905,707 Beginning balance
Perubahan pada cadangan kerugian kredit Changes in expected credit losses due to
berdasarkan perpindahan antar tahapan: transfer within stages:
Pindah ke Tahap 1 136,513 (113,241) (23,272) - - - - Transfer to Stage 1
Pindah ke Tahap 2 (18,098) 41,372 (23,274) - - - - Transfer to Stage 2
Pindah ke Tahap 3 (10,975) (60,293) 71,268 - - - - Transfer to Stage 3
Pindah dari kolektif ke individual - (9,163) - 9,163 - - - Transfer from collective to individual
Total perpindahan antar tahapan 107,440 (141,325) 24,722 9,163 - - - Total transfer within stages
Penambahan cadangan kerugian atas Additional allowance for impairment losses
kredit baru selama tahun berjalan 133,692 - - - 133,692 66,468 200,160 from new loans during the year
Pindah ke Tahap 2 dan 3 (47,827) 29,654 18,173 - - - - Transfer to Stage 2 and 3
Kredit yang telah dilunasi (25,899) (53,676) (31,851) (19,863) (131,289) (62,803) (194,092) Loans that have been derecognised
Perubahan pada risiko kredit (250,983) (138,834) 1,141,709 186,252 938,144 471,900 1,410,044 Change in credit risk
Total yang dibebankan ke laba rugi (191,017) (162,856) 1,128,031 166,389 940,547 475,565 1,416,112 Total charge to Income Statement
Penghapusan selama tahun berjalan - - (841,865) (586,561) (1,428,426) (292,558) (1,720,984) Write-off during the year
Penjualan kredit ke pihak ketiga - - (26,097) (1,053,444) (1,079,541) - (1,079,541) Loan sale to third party
Lain-lain *) (41,329) 7,924 (143,828) 129,299 (47,934) (22,234) (70,168) Others *)
Saldo akhir 1,025,146 999,024 1,121,167 5,574,980 8,720,317 1,730,809 10,451,126 Ending balance
* Termasuk selisih kurs karena penjabaran mata uang asing Include effect of foreign currency translation *
2023
Konvensional/Conventional
Tahap/ Tahap/
Stage 3 Stage 3
Tahap/ Tahap/ Kolektif/ Individual/ Jumlah/ Syariah/ Jumlah/
Stage 1 Stage 2 Collective Individual Total Sharia Total
Saldo awal 1,022,129 1,335,654 1,248,216 8,281,774 11,887,773 1,199,077 13,086,850 Beginning balance
Perubahan pada cadangan kerugian kredit Changes in expected credit losses due to
berdasarkan perpindahan antar tahapan: transfer within stages:
Pindah ke Tahap 1 65,870 (37,632) (28,238) - - - - Transfer to Stage 1
Pindah ke Tahap 2 (21,993) 121,963 (99,970) - - - - Transfer to Stage 2
Pindah ke Tahap 3 (2,348) (119,021) 121,369 - - - - Transfer to Stage 3
Pindah dari kolektif ke individual - (18,504) - 18,504 - - - Transfer from collective to individual
Pindah dari individual ke kolektif - 209,122 - (209,122) - - - Transfer from individual to collective
Total perpindahan antar tahapan 41,529 155,928 (6,839) (190,618) - - - Total transfer within stages
Penambahan cadangan kerugian atas Additional allowance for impairment losses
kredit baru selama tahun berjalan 134,983 - - - 134,983 57,228 192,211 from new loans during the year
Pindah ke Tahap 2 dan 3 (37,605) 17,455 20,150 - - - - Transfer to Stage 2 and 3
Kredit yang telah dilunasi (16,844) (53,411) (55,387) (56,229) (181,871) (87,458) (269,329) Loans that have been derecognised
Perubahan pada risiko kredit 5,962 (159,851) 834,010 435,426 1,115,547 692,122 1,807,669 Change in credit risk
Total yang dibebankan ke laba rugi 86,496 (195,807) 798,773 379,197 1,068,659 661,892 1,730,551 Total charge to Income Statement
Penerimaan kembali kredit yang
diberikan yang telah dihapuskan Recovery of written-off loans
selama tahun berjalan - - 29,576 - 29,576 4,132 33,708 during the year
Penghapusan selama tahun berjalan - - (997,636) (913,898) (1,911,534) (282,525) (2,194,059) Write-off during the year
Penjualan kredit ke pihak ketiga - - (10,215) (570,524) (580,739) (26,893) (607,632) Loan sale to third party
Lain-lain *) (102) (494) (81,671) (75,797) (158,064) 14,353 (143,711) Others *)
Saldo akhir 1,150,052 1,295,281 980,204 6,910,134 10,335,671 1,570,036 11,905,707 Ending balance
* Termasuk selisih kurs karena penjabaran mata uang asing Include effect of foreign currency translation *
Halaman – 5/117 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 767
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
12. KREDIT YANG DIBERIKAN (lanjutan) 12. LOANS (continued)
h. Cadangan kerugian penurunan nilai (lanjutan) h. Allowance for impairment losses (continued)
Pada tanggal 31 Desember 2025, 2024, dan 2023, As at 31 December 2025, 2024, and 2023, allowance
rincian cadangan kerugian penurunan nilai for impairment losses based on type of loans consist
berdasarkan jenis adalah: of:
2025 2024 2023
Modal kerja 4,669,911 5,685,228 6,219,290 Working capital
Investasi 1,553,331 2,693,569 3,576,975 Investment
Konsumsi 1,830,313 2,072,329 2,109,442 Consumer
Jumlah 8,053,555 10,451,126 11,905,707 Total
Manajemen berpendapat bahwa jumlah cadangan Management believes that the allowance for
kerugian penurunan nilai yang dibentuk cukup untuk impairment losses is adequate to cover losses arising
menutup kerugian yang timbul akibat tidak tertagihnya from uncollectible loans.
kredit yang diberikan.
Bank telah melakukan penilaian sensitivitas kerugian The Bank has performed ECL sensitivity assessment
kredit ekspektasian terhadap kredit yang diberikan on loans based on the changes in key macroeconomic
berdasarkan perubahan variabel – variabel variables, as presented in table below. The sensitivity
makroekonomi kunci seperti yang disajikan pada tabel assessment outlines the effect of changes in those
dibawah ini. Penilaian sensitivitas dilakukan hanya variables while other variables remain constant:
dengan mengubah variabel-variabel tersebut
sedangkan seluruh variabel lain dianggap konstan:
2025 2024 2023
Cadangan kerugian Cadangan kerugian Cadangan kerugian
penurunan nilai/ penurunan nilai/ penurunan nilai/
Perubahan/ Allowance for Perubahan/ Allowance for Perubahan/ Allowance for
Changes impairment losses Changes impairment losses Changes impairment losses
Konsumsi Consumer
Utang rumah tangga +/- 100 bps Household debt
Indeks harga rumah +/- 25 bps +/- 5 bps +/- 25 bps House price index
Rata-rata suku bunga pinjaman +/- 10 bps Average lending rate
Indeks harga konsumen +/- 200 bps +/- 350 bps Consumer price index
BI Rate +/- 25 bps +/- 5 bps BI Rate
Total kenaikan cadangan kerugian Total increase in allowance for
penurunan nilai dalam perubahan positif 270 1,900 5,412 impairment losses on positive changes
Total kenaikan cadangan kerugian Total increase in allowance for
penurunan nilai dalam perubahan negatif (270) (1,893) (5,354) impairment losses on negative changes
Modal Kerja dan Investasi Working Capital and Investment
Indeks penjualan ritel +/- 100 bps +/- 25 bps +/- 15 bps Retail sales index
Indeks harga saham gabungan +/- 100 bps +/- 25 bps +/- 75 bps Shares price index
Nilai ekspor +/- 50 bps +/- 150 bps +/- 200 bps Export value
Total kenaikan cadangan kerugian Total increase in allowance for
penurunan nilai dalam perubahan positif (262) (254) (1,685) impairment losses on positive changes
Total kenaikan cadangan kerugian Total increase in allowance for
penurunan nilai dalam perubahan negatif 260 49 1,694 impairment losses on negative changes
Halaman – 5/118 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 768
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
12. KREDIT YANG DIBERIKAN (lanjutan) 12. LOANS (continued)
i. Penghapusbukuan kredit untuk kategori “macet” i. Write-off loans for “loss” loans category
Pada tanggal 31 Desember 2025, Bank CIMB Niaga As at 31 December 2025, Bank CIMB Niaga write-off
melaksanakan penghapusbukuan kredit sebesar loans amounting to Rp 2,942,600
Rp 2.942.600 (2024: Rp 1.720.984; 2023: (2024: Rp 1,720,984; 2023: Rp 2,194,059). Loans
Rp 2.194.059). Adapun kriteria debitur yang dapat write-off criteria were as follows:
dihapusbukukan meliputi:
a. Fasilitas kredit telah mengalami penurunan nilai; a. Loan facility is classified as impaired;
b. Fasilitas kredit telah dibentuk cadangan b. Loan facility has been provided with 100%
kerugian penurunan nilai sebesar 100% dari allowance for impairment losses from the loan
pokok kredit; principal;
c. Hapus buku dilakukan terhadap seluruh c. The write-offs are performed for all loan
kewajiban kredit, termasuk yang berasal dari obligations, including non-cash loan facilities;
fasilitas non-cash loan; dan and
d. Diumumkan secara terbuka. d. Announced publicly.
j. Informasi pokok lainnya sehubungan dengan j. Other significant information relating to loans
kredit yang diberikan
Kredit yang diberikan dijamin dengan agunan yang Loans are generally secured by collateral with
diikat dengan hipotik, hak tanggungan atau surat registered mortgages, powers of attorney to sell, time
kuasa untuk menjual, deposito berjangka, dan deposits, and other collaterals.
jaminan lainnya.
Kredit yang dijamin dengan dana pihak ketiga pada Loans secured by third party fund as at
tanggal 31 Desember 2025 adalah sebesar 31 December 2025 amounting to Rp 10,279,603
Rp 10.279.603 (2024: Rp 9.531.849; 2023: (2024: Rp 9,531,849; 2023: Rp 6,447,409) (refer to
Rp 6.447.409) (lihat Catatan 23, 24, dan 25). Note 23, 24, and 25).
13. PIUTANG PEMBIAYAAN KONSUMEN 13. CONSUMER FINANCING RECEIVABLES
Piutang pembiayaan konsumen Entitas Anak adalah: The Subsidiary’s consumer financing receivables are:
2025 2024 2023
Piutang pembiayaan konsumen - bruto 13,645,701 13,028,719 9,710,095 Consumer financing receivables - gross
Dikurangi: Less:
Pendapatan pembiayaan konsumen
yang belum diakui (3,334,859) (2,975,660) (2,256,775) Unearned consumer financing income
Piutang pembiayaan konsumen - bersih 10,310,842 10,053,059 7,453,320 Consumer financing receivables - net
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (329,830) (202,274) (141,776) impairment losses
9,981,012 9,850,785 7,311,544
Halaman – 5/119 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 769
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
13. PIUTANG PEMBIAYAAN KONSUMEN (lanjutan) 13. CONSUMER FINANCING RECEIVABLES (continued)
Piutang pembiayaan konsumen Entitas Anak pada tanggal The Subsidiary’s consumer financing receivables as at
31 Desember 2025, 2024, dan 2023, berdasarkan tahapan 31 December 2025, 2024, and 2023, by staging are:
adalah:
2025
Tahap/ Tahap/ Tahap/ Jumlah/
Stage 1 Stage 2 Stage 3 Total
Konvensional Conventional
Piutang pembiayaan konsumen - bersih 4,904,115 261,083 140,578 5,305,776 Consumer financing receivables - net
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (40,036) (68,064) (71,166) (179,266) impairment losses
Jumlah konvensional 4,864,079 193,019 69,412 5,126,510 Total conventional
Syariah Sharia
Piutang pembiayaan konsumen - bersih 5,005,066 Consumer financing receivables - net
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (150,564) impairment losses
Jumlah Syariah 4,854,502 Total Sharia
Jumlah piutang pembiayaan konsumen - Total consumer financing receivable -
konvensional dan syariah 10,310,842 conventional and sharia
Dikurangi: Cadangan kerugian Less: Allowance for impairment
penurunan nilai - konvensional dan syariah (329,830) losses - conventional and sharia
Jumlah piutang Total consumer
pembiayaan konsumen - bersih 9,981,012 financing receivable - net
2024
Tahap/ Tahap/ Tahap/ Jumlah/
Stage 1 Stage 2 Stage 3 Total
Konvensional Conventional
Piutang pembiayaan konsumen - bersih 4,507,821 165,910 65,428 4,739,159 Consumer financing receivables - net
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (45,976) (26,007) (29,008) (100,991) impairment losses
Jumlah konvensional 4,461,845 139,903 36,420 4,638,168 Total conventional
Syariah Sharia
Piutang pembiayaan konsumen - bersih 5,313,900 Consumer financing receivables - net
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (101,283) impairment losses
Jumlah Syariah 5,212,617 Total Sharia
Jumlah piutang pembiayaan konsumen - Total consumer financing receivable -
konvensional dan syariah 10,053,059 conventional and sharia
Dikurangi: Cadangan kerugian Less: Allowance for impairment
penurunan nilai - konvensional dan syariah (202,274) losses - conventional and sharia
Jumlah piutang Total consumer
pembiayaan konsumen - bersih 9,850,785 financing receivable - net
Halaman – 5/120 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 770
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
13. PIUTANG PEMBIAYAAN KONSUMEN (lanjutan) 13. CONSUMER FINANCING RECEIVABLES (continued)
Piutang pembiayaan konsumen Entitas Anak pada tanggal The Subsidiary’s consumer financing receivables as at
31 Desember 2025, 2024, dan 2023, berdasarkan tahapan 31 December 2025, 2024, and 2023, by staging are:
adalah: (lanjutan) (continued)
2023
Tahap/ Tahap/ Tahap/ Jumlah/
Stage 1 Stage 2 Stage 3 Total
Konvensional Conventional
Piutang pembiayaan konsumen 2,936,549 67,134 48,991 3,052,674 Consumer financing receivables
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (15,177) (14,015) (31,202) (60,394) impairment losses
Jumlah konvensional 2,921,372 53,119 17,789 2,992,280 Total conventional
Syariah Sharia
Piutang pembiayaan konsumen 4,400,646 Consumer financing receivables
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (81,382) impairment losses
Jumlah Syariah 4,319,264 Total Sharia
Jumlah piutang pembiayaan konsumen - Total consumer financing receivable -
konvensional dan syariah 7,453,320 conventional and sharia
Dikurangi: Cadangan kerugian Less: Allowance for impairment
penurunan nilai - konvensional dan syariah (141,776) losses - conventional and sharia
Jumlah piutang Total consumer
pembiayaan konsumen - bersih 7,311,544 financing receivable - net
Berikut ini cicilan piutang pembiayaan konsumen - bruto Below is the installment of gross consumer financing
berdasarkan tanggal jatuh tempo: receivables based on the maturity:
2025 2024 2023
< 1 bulan 84,335 56,622 36,121 < 1 month
> 1 - ≤ 3 bulan 1,193,247 1,154,647 795,866 > 1 - ≤ 3 months
> 3 - ≤ 12 bulan 3,263,943 3,099,933 2,236,598 > 3 - ≤ 12 months
> 1 - ≤ 5 tahun 9,104,176 8,717,517 6,641,510 > 1 - ≤ 5 years
13,645,701 13,028,719 9,710,095
Less: Allowance for
Halaman – 5/121 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 771
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
13. PIUTANG PEMBIAYAAN KONSUMEN (lanjutan) 13. CONSUMER FINANCING RECEIVABLES (continued)
Mutasi piutang pembiayaan konsumen yang berdasarkan The movement of consumer financing receivables based
tahapan adalah: on staging were as follows:
2025
Konvensional/Conventional
Tahap/ Tahap/ Tahap/ Jumlah/ Syariah/ Jumlah/
Stage 1 Stage 2 Stage 3 Total Sharia Total
Saldo awal 4,507,821 165,910 65,428 4,739,159 5,313,900 10,053,059 Beginning balance
Perubahan piutang pembiayaan Changes in consumer financing
konsumen berdasarkan receivable based on transfer
perpindahan antar tahapan: within stages:
Pindah ke Tahap 1 23,428 (21,260) (2,168) - - - Transfer to Stage 1
Pindah ke Tahap 2 (216,861) 218,685 (1,824) - - - Transfer to Stage 2
Pindah ke Tahap 3 (318,268) (9,206) 327,474 - - - Transfer to Stage 3
Total perpindahan antar tahapan (511,701) 188,219 323,482 - - - Total transfer within stages
Penambahan piutang pembiayaan New additional of consumer
konsumen baru 3,758,071 - - 3,758,071 2,727,819 6,485,890 financing receivable
Pindah ke Tahap 2 dan 3 (174,141) 108,316 65,825 - - - Transfer to Stage 2 and 3
Penghapusbukuan piutang Write-off of consumer financing
pembiayaan konsumen - - (238,350) (238,350) (152,784) (391,134) receivable
Pelunasan penuh dan pembayaran sebagian (2,675,935) (201,362) (75,807) (2,953,104) (2,883,869) (5,836,973) Fully settlement and partial repayment
Saldo akhir 4,904,115 261,083 140,578 5,305,776 5,005,066 10,310,842 Ending balance
2024
Konvensional/Conventional
Tahap/ Tahap/ Tahap/ Jumlah/ Syariah/ Jumlah/
Stage 1 Stage 2 Stage 3 Total Sharia Total
Saldo awal 2,936,549 67,134 48,991 3,052,674 4,400,646 7,453,320 Beginning balance
Perubahan piutang pembiayaan Changes in consumer financing
konsumen berdasarkan receivable based on transfer
perpindahan antar tahapan: within stages:
Pindah ke Tahap 1 6,693 (5,015) (1,678) - - - Transfer to Stage 1
Pindah ke Tahap 2 (129,543) 129,960 (417) - - - Transfer to Stage 2
Pindah ke Tahap 3 (184,212) (2,341) 186,553 - - - Transfer to Stage 3
Total perpindahan antar tahapan (307,062) 122,604 184,458 - - - Total transfer within stages
Penambahan piutang pembiayaan New additional of consumer
konsumen baru 2,553,627 - - 2,553,627 1,921,395 4,475,022 financing receivable
Pindah ke Tahap 2 dan 3 (61,718) 44,754 16,964 - - - Transfer to Stage 2 and 3
Penghapusbukuan piutang Write-off of consumer financing
pembiayaan konsumen - - (150,465) (150,465) (150,744) (301,209) receivable
Pelunasan penuh dan pembayaran sebagian (613,575) (68,582) (34,520) (716,677) (857,397) (1,574,074) Fully settlement and partial repayment
Saldo akhir 4,507,821 165,910 65,428 4,739,159 5,313,900 10,053,059 Ending balance
2023
Konvensional/Conventional
Tahap/ Tahap/ Tahap/ Jumlah/ Syariah/ Jumlah/
Konvensional Stage 1 Stage 2 Stage 3 Total Sharia Total Conventional
Saldo awal 2,415,951 66,736 49,283 2,531,970 3,386,854 5,918,824 Beginning balance
Perubahan piutang pembiayaan Changes in consumer financing
konsumen berdasarkan receivable based on transfer
perpindahan antar tahapan: within stages:
Pindah ke Tahap 1 19,025 (9,954) (9,071) - - - Transfer to Stage 1
Pindah ke Tahap 2 (46,303) 49,927 (3,624) - - - Transfer to Stage 2
Pindah ke Tahap 3 (123,352) (4,254) 127,606 - - - Transfer to Stage 3
Total perpindahan antar tahapan (150,630) 35,719 114,911 - - - Total transfer within stages
Penambahan piutang pembiayaan New additional of consumer
konsumen baru 2,497,851 - - 2,497,851 3,075,948 5,573,799 financing receivable
Pindah ke Tahap 2 dan 3 (63,742) 32,773 30,969 - - - Transfer to Stage 2 and 3
Penghapusbukuan piutang Write-off of consumer financing
pembiayaan konsumen - - (96,001) (96,001) (166,116) (262,117) receivable
Pelunasan penuh dan pembayaran sebagian (1,762,881) (68,094) (50,171) (1,881,146) (1,896,040) (3,777,186) Fully settlement and partial repayment
Saldo akhir 2,936,549 67,134 48,991 3,052,674 4,400,646 7,453,320 Ending balance
Halaman – 5/122 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 772
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
13. PIUTANG PEMBIAYAAN KONSUMEN (lanjutan) 13. CONSUMER FINANCING RECEIVABLES (continued)
Mutasi cadangan kerugian penurunan nilai atas piutang The movements of allowance for impairment losses on
pembiayaan konsumen adalah: consumer financing receivables were as follows:
2025
Konvensional/Conventional
Tahap/ Tahap/ Tahap/ Jumlah/ Syariah/ Jumlah/
Stage 1 Stage 2 Stage 3 Total Sharia Total
Saldo awal 45,976 26,007 29,008 100,991 101,283 202,274 Beginning balance
Perubahan pada cadangan kerugian penurunan nilai Changes in allowance for impairment losses
berdasarkan perpindahan antar tahapan: due to transfer within stages:
Pindah ke Tahap 1 4,010 (3,048) (962) - - - Transfer to Stage 1
Pindah ke Tahap 2 (3,414) 4,223 (809) - - - Transfer to Stage 2
Pindah ke Tahap 3 (1,132) (1,568) 2,700 - - - Transfer to Stage 3
Total perpindahan antar tahapan (536) (393) 929 - - - Total transfer within stages
Piutang pembiayaan konsumen yang baru diberikan 116,645 - - 116,645 83,393 200,038 New consumer financing receivables originated
Pindah ke Tahap 2 dan 3 (57,382) 26,197 31,185 - - - Transfer to Stage 2 and 3
Pelunasan penuh (10,989) (11,242) (3,410) (25,641) (16,395) (42,036) Fully settlement
Perubahan pada risiko kredit (53,678) 27,495 251,804 225,621 135,067 360,688 Change in credit risk
Total yang (dikreditkan)/dibebankan pada laba rugi (5,404) 42,450 279,579 316,625 202,065 518,690 Total (credited)/charged to income statement
Penghapusan selama tahun berjalan - - (238,350) (238,350) (152,784) (391,134) Write off during the year
Saldo akhir 40,036 68,064 71,166 179,266 150,564 329,830 Ending balance
2024
Konvensional/Conventional
Tahap/ Tahap/ Tahap/ Jumlah/ Syariah/ Jumlah/
Stage 1 Stage 2 Stage 3 Total Sharia Total
Saldo awal 15,177 14,015 31,202 60,394 81,382 141,776 Beginning balance
Perubahan pada cadangan kerugian penurunan nilai Changes in allowance for impairment losses
berdasarkan perpindahan antar tahapan: due to transfer within stages:
Pindah ke Tahap 1 2,072 (1,013) (1,059) - - - Transfer to Stage 1
Pindah ke Tahap 2 (1,460) 1,729 (269) - - - Transfer to Stage 2
Pindah ke Tahap 3 (266) (425) 691 - - - Transfer to Stage 3
Total perpindahan antar tahapan 346 291 (637) - - - Total transfer within stages
Piutang pembiayaan konsumen yang baru diberikan 36,791 - - 36,791 23,317 60,108 New consumer financing receivables originated
Pindah ke Tahap 2 dan 3 (13,870) 6,350 7,520 - - - Transfer to Stage 2 and 3
Pelunasan penuh (3,853) (4,428) (5,519) (13,800) (13,160) (26,960) Fully settlement
Perubahan pada risiko kredit 11,385 9,779 146,907 168,071 160,488 328,559 Change in credit risk
Total yang dibebankan pada laba rugi 30,453 11,701 148,908 191,062 170,645 361,707 Total charged to income statement
Penghapusan selama tahun berjalan - - (150,465) (150,465) (150,744) (301,209) Write off during the year
Saldo akhir 45,976 26,007 29,008 100,991 101,283 202,274 Ending balance
2023
Konvensional/Conventional
Tahap/ Tahap/ Tahap/ Jumlah/ Syariah/ Jumlah/
Stage 1 Stage 2 Stage 3 Total Sharia Total
Saldo awal 14,573 15,742 30,202 60,517 50,018 110,535 Beginning balance
Perubahan pada cadangan kerugian penurunan nilai Changes in allowance for impairment losses
berdasarkan perpindahan antar tahapan: due to transfer within stages:
Pindah ke Tahap 1 7,970 (2,367) (5,603) - - - Transfer to Stage 1
Pindah ke Tahap 2 (561) 2,655 (2,094) - - - Transfer to Stage 2
Pindah ke Tahap 3 (263) (949) 1,212 - - - Transfer to Stage 3
Total perpindahan antar tahapan 7,146 (661) (6,485) - - - Total transfer within stages
Piutang pembiayaan konsumen yang baru diberikan 38,558 - - 38,558 35,897 74,455 New consumer financing receivables originated
Pindah ke Tahap 2 dan 3 (26,740) 7,217 19,523 - - - Transfer to Stage 2 and 3
Pelunasan penuh (7,287) (10,868) (19,145) (37,300) (26,281) (63,581) Fully settlement
Perubahan pada risiko kredit (11,073) 2,585 103,108 94,620 187,864 282,484 Change in credit risk
Total yang (dikreditkan)/dibebankan pada laba rugi (6,542) (1,066) 103,486 95,878 197,480 293,358 Total (credited)/charged to income statement
Penghapusan selama tahun berjalan - - (96,001) (96,001) (166,116) (262,117) Write off during the year
Saldo akhir 15,177 14,015 31,202 60,394 81,382 141,776 Ending balance
Manajemen berpendapat bahwa jumlah cadangan Management believes that the allowance for impairment
kerugian penurunan nilai yang dibentuk cukup untuk losses is adequate to cover losses arising from
menutup kerugian yang timbul akibat tidak tertagihnya uncollectible consumer financing receivables.
piutang pembiayaan konsumen.
Tingkat bunga rata-rata per tahun untuk piutang The average annual interest rate of consumer financing
pembiayaan konsumen adalah sebesar 15,69% untuk receivables is 15.69% for the year ended
tahun yang berakhir 31 Desember 2025 31 December 2025 (2024: 16.72%; 2023: 17.01%).
(2024: 16,72%; 2023: 17,01%).
Piutang pembiayaan konsumen dijamin dengan Bukti Consumer financing receivables are secured by Vehicle
Pemilikan Kendaraan Bermotor (“BPKB”) atas kendaraan Ownership Certificates (“BPKB”) of financed assets.
yang dibiayai.
Halaman – 5/123 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 773
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
14. TAGIHAN DAN LIABILITAS AKSEPTASI 14. ACCEPTANCE RECEIVABLES AND PAYABLES
a. Berdasarkan mata uang a. By currency
2025 2024 2023
Tagihan akseptasi Acceptance receivables
Rupiah 896,635 1,541,311 661,079 Rupiah
Mata uang asing 1,040,415 1,220,489 441,012 Foreign currencies
1,937,050 2,761,800 1,102,091
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (1,592) (9,833) (8,638) impairment losses
1,935,458 2,751,967 1,093,453
Liabilitas akseptasi Acceptance payables
Rupiah 896,635 1,541,311 661,079 Rupiah
Mata uang asing 1,040,415 1,220,489 441,012 Foreign currencies
1,937,050 2,761,800 1,102,091
b. Berdasarkan tahapan b. By staging
2025 2024 2023
Tagihan akseptasi Acceptance receivables
Konvensional Conventional
Tahap 1 1,730,079 2,376,917 1,012,049 Stage 1
Tahap 2 17,526 194,650 52,770 Stage 2
Tahap 3 645 9,167 9,842 Stage 3
1,748,250 2,580,734 1,074,661
Syariah 188,800 181,066 27,430 Sharia
1,937,050 2,761,800 1,102,091
Dikurangi: Cadangan kerugian penurunan nilai (1,592) (9,833) (8,638) Less: Allowance for impairment losses
Jumlah 1,935,458 2,751,967 1,093,453 Total
Mutasi tagihan akseptasi berdasarkan tahapan The movement of acceptance receivables based on
adalah: staging is as follows:
2025
Tahap/ Tahap/
Stage 3 Stage 3
Tahap/ Tahap/ Kolektif/ Individual/ Jumlah/
Stage 1 Stage 2 Collective Individual Total
Konvensional Conventional
Saldo awal 2,376,917 194,650 - 9,167 2,580,734 Beginning balance
Perubahan tagihan akseptasi berdasarkan Changes in acceptance receivables
perpindahan antar tahapan: based on transfer within stages:
Pindah ke Tahap 1 147,862 (147,862) - - - Transfer to Stage 1
Pindah ke Tahap 2 (2,026) 2,026 - - - Transfer to Stage 2
Total perpindahan antar tahapan 145,836 (145,836) - - - Total transfer within stages
Penambahan tagihan akseptasi baru 383,108 - - - 383,108 New additional of acceptance receivable
Pindah ke Tahap 2 - - - - - Transfer to Stage 2
Pelunasan penuh (840,142) (2,351) - - (842,493) Fully settlement
*) *)
Perubahan lainnya pada tagihan akseptasi (335,640) (28,937) - (8,522) (373,099) Other change in acceptance receivable
Saldo akhir 1,730,079 17,526 - 645 1,748,250 Ending balance
Syariah 188,800 Sharia
Jumlah 1,937,050 Total
*) Termasuk di perubahan lainnya adalah penarikan Included in other changes are drawdown and *)
dan pelunasan sebagian atas tagihan akseptasi partial repayment of acceptance receivables
Halaman – 5/124 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 774
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
14. TAGIHAN DAN LIABILITAS AKSEPTASI (lanjutan) 14. ACCEPTANCE RECEIVABLES AND PAYABLES
(continued)
b. Berdasarkan tahapan (lanjutan) b. By staging (continued)
Mutasi tagihan akseptasi berdasarkan tahapan The movement of acceptance receivables based on
adalah: (lanjutan) staging is as follows: (continued)
2024
Tahap/ Tahap/
Stage 3 Stage 3
Tahap/ Tahap/ Kolektif/ Individual/ Jumlah/
Stage 1 Stage 2 Collective Individual Total
Konvensional Conventional
Saldo awal 1,012,049 52,770 - 9,842 1,074,661 Beginning balance
Perubahan tagihan akseptasi berdasarkan Changes in acceptance receivables
perpindahan antar tahapan: based on transfer within stages:
Pindah ke Tahap 1 17,114 (17,114) - - - Transfer to Stage 1
Pindah ke Tahap 2 (2,011) 2,011 - - - Transfer to Stage 2
Total perpindahan antar tahapan 15,103 (15,103) - - - Total transfer within stages
Penambahan tagihan akseptasi baru 1,336,257 - - - 1,336,257 New additional of acceptance receivable
Pindah ke Tahap 2 (145,016) 145,016 - - - Transfer to Stage 2
Pelunasan penuh (241,959) - - - (241,959) Fully settlement
Perubahan lainnya pada tagihan akseptasi *) 400,483 11,967 - (675) 411,775 Other change in acceptance receivable *)
Saldo akhir 2,376,917 194,650 - 9,167 2,580,734 Ending balance
Syariah 181,066 Sharia
Jumlah 2,761,800 Total
*) Termasuk di perubahan lainnya adalah penarikan Included in other changes are drawdown and *)
dan pelunasan sebagian atas tagihan akseptasi partial repayment of acceptance receivables
2023
Tahap/ Tahap/
Stage 3 Stage 3
Tahap/ Tahap/ Kolektif/ Individual/ Jumlah/
Stage 1 Stage 2 Collective Individual Total
Konvensional Conventional
Saldo awal 1,602,394 356,056 - 9,573 1,968,023 Beginning balance
Perubahan tagihan akseptasi berdasarkan Changes in acceptance receivables
perpindahan antar tahapan: based on transfer within stages:
Pindah ke Tahap 1 78,798 (78,798) - - - Transfer to Stage 1
Pindah ke Tahap 2 (1,453) 1,453 - - - Transfer to Stage 2
Total perpindahan antar tahapan 77,345 (77,345) - - - Total transfer within stages
Penambahan tagihan akseptasi baru 81,201 - - - 81,201 New additional of acceptance receivable
Pindah ke Tahap 2 (17,046) 17,046 - - - Transfer to Stage 2
Pelunasan penuh (453,877) (80,150) - - (534,027) Fully settlement
Perubahan lainnya pada tagihan akseptasi *) (277,968) (162,837) - 269 (440,536) Other change in acceptance receivable *)
Saldo akhir 1,012,049 52,770 - 9,842 1,074,661 Ending balance
Syariah 27,430 Sharia
Jumlah 1,102,091 Total
*) Termasuk di perubahan lainnya adalah penarikan Included in other changes are drawdown and *)
dan pelunasan sebagian atas tagihan akseptasi partial repayment of acceptance receivables
Halaman – 5/125 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 775
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
14. TAGIHAN DAN LIABILITAS AKSEPTASI (lanjutan) 14. ACCEPTANCE RECEIVABLES AND PAYABLES
(continued)
c. Berdasarkan transaksi dengan pihak berelasi c. By transactions with related party
Pada tanggal 31 Desember 2025, 2024, dan 2023, As at 31 December 2025, 2024, and 2023, there were
tidak terdapat tagihan dan liabilitas akseptasi yang no acceptance receivables and payables from related
berasal dari pihak berelasi. party.
d. Berdasarkan jangka waktu perjanjian d. By term of agreements
Tagihan dan liabilitas akseptasi berdasarkan jangka The acceptance receivables and payables classified
waktu perjanjian adalah: according to term of agreements were as follows:
2025 2024 2023
Tagihan akseptasi Acceptance receivables
Rupiah Rupiah
< 1 bulan 11,526 6,542 1,728 < 1 month
> 1 - ≤ 3 bulan 205,113 193,900 92,609 > 1 - ≤ 3 months
> 3 - ≤ 6 bulan 647,726 1,282,952 534,987 > 3 - ≤ 6 months
> 6 bulan 32,270 57,917 31,755 > 6 months
896,635 1,541,311 661,079
Mata uang asing Foreign currencies
< 1 bulan 16,607 26,827 8,759 < 1 month
> 1 - ≤ 3 bulan 143,523 149,912 164,223 > 1 - ≤ 3 months
> 3 - ≤ 6 bulan 854,511 964,391 256,902 > 3 - ≤ 6 months
> 6 bulan 25,774 79,359 11,128 > 6 months
1,040,415 1,220,489 441,012
1,937,050 2,761,800 1,102,091
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (1,592) (9,833) (8,638) impairment losses
1,935,458 2,751,967 1,093,453
Liabilitas akseptasi Acceptance payables
Rupiah Rupiah
< 1 bulan 11,526 6,542 1,728 < 1 month
> 1 - ≤ 3 bulan 205,113 193,900 92,609 > 1 - ≤ 3 months
> 3 - ≤ 6 bulan 647,726 1,282,952 534,987 > 3 - ≤ 6 months
> 6 bulan 32,270 57,917 31,755 > 6 months
896,635 1,541,311 661,079
Mata uang asing Foreign currencies
< 1 bulan 16,607 26,827 8,759 < 1 month
> 1 - ≤ 3 bulan 143,523 149,912 164,223 > 1 - ≤ 3 months
> 3 - ≤ 6 bulan 854,511 964,391 256,902 > 3 - ≤ 6 months
> 6 bulan 25,774 79,359 11,128 > 6 months
1,040,415 1,220,489 441,012
1,937,050 2,761,800 1,102,091
Halaman – 5/126 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 776
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
14. TAGIHAN DAN LIABILITAS AKSEPTASI (lanjutan) 14. ACCEPTANCE RECEIVABLES AND PAYABLES
(continued)
e. Berdasarkan jatuh tempo e. By maturity date
Tagihan dan liabilitas akseptasi berdasarkan sisa The acceptance receivables and payables
umur sampai dengan jatuh tempo adalah: classification according to remaining period to
maturity were as follows:
2025 2024 2023
Tagihan akseptasi Acceptance receivables
Rupiah Rupiah
< 1 bulan 279,325 448,293 209,944 < 1 month
> 1 - ≤ 3 bulan 361,441 592,245 345,697 > 1 - ≤ 3 months
> 3 - ≤ 6 bulan 255,869 500,773 105,438 > 3 - ≤ 6 months
896,635 1,541,311 661,079
Mata uang asing Foreign currencies
< 1 bulan 319,432 370,937 170,430 < 1 month
> 1 - ≤ 3 bulan 262,718 274,797 178,880 > 1 - ≤ 3 months
> 3 - ≤ 6 bulan 458,265 574,755 86,058 > 3 - ≤ 6 months
> 6 bulan - - 5,644 > 6 months
1,040,415 1,220,489 441,012
1,937,050 2,761,800 1,102,091
Dikurangi: Cadangan kerugian Less: Allowance for
penuruanan nilai (1,592) (9,833) (8,638) expected losses
1,935,458 2,751,967 1,093,453
Liabilitas akseptasi Acceptance payables
Rupiah Rupiah
< 1 bulan 279,325 448,293 209,944 < 1 month
> 1 - ≤ 3 bulan 361,441 592,245 345,697 > 1 - ≤ 3 months
> 3 - ≤ 6 bulan 255,869 500,773 105,438 > 3 - ≤ 6 months
896,635 1,541,311 661,079
Mata uang asing Foreign currencies
< 1 bulan 319,432 370,937 170,430 < 1 month
> 1 - ≤ 3 bulan 262,718 274,797 178,880 > 1 - ≤ 3 months
> 3 - ≤ 6 bulan 458,265 574,755 86,058 > 3 - ≤ 6 months
> 6 bulan - - 5,644 > 6 months
1,040,415 1,220,489 441,012
1,937,050 2,761,800 1,102,091
Halaman – 5/127 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 777
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
14. TAGIHAN DAN LIABILITAS AKSEPTASI (lanjutan) 14. ACCEPTANCE RECEIVABLES AND PAYABLES
(continued)
f. Cadangan kerugian penurunan nilai f. Allowance for impairment losses
Mutasi cadangan kerugian penurunan nilai tagihan The movements of allowance for impairment losses
akseptasi adalah: of acceptance receivables is as follows:
2025
Konvensional/Conventional
Tahap/ Tahap/
Stage 3 Stage 3
Tahap/ Tahap/ Kolektif/ Individual/ Jumlah/ Syariah/ Jumlah/
Stage 1 Stage 2 Collective Individual Total Sharia Total
Saldo awal 1,157 786 - 7,890 9,833 - 9,833 Beginning balance
Perubahan pada cadangan kerugian penurunan nilai Changes in allowance for impairment losses
berdasarkan perpindahan antar tahapan: due to transfer within stages:
Pindah ke Tahap 1 513 (513) - - - - - Transfer to Stage 1
Total perpindahan antar tahapan 513 (513) - - - - - Total transfer within stages
Tagihan akseptasi yang baru diberikan 220 - - - 220 - 220 New acceptance receivable originated
Pindah ke Tahap 2 - - - - - - - Transfer to Stage 2
Pelunasan penuh (409) (254) - - (663) - (663) Fully settlement
Perubahan pada risiko kredit (547) (6) - (7,245) (7,798) - (7,798) Change in credit risk
Total yang dibebankan pada laba rugi (736) (260) - (7,245) (8,241) - (8,241) Total charged to profit or loss
Saldo akhir 934 13 - 645 1,592 - 1,592 Ending balance
2024
Konvensional/Conventional
Tahap/ Tahap/
Stage 3 Stage 3
Tahap/ Tahap/ Kolektif/ Individual/ Jumlah/ Syariah/ Jumlah/
Stage 1 Stage 2 Collective Individual Total Sharia Total
Saldo awal 390 797 - 7,451 8,638 - 8,638 Beginning balance
Perubahan pada cadangan kerugian penurunan nilai Changes in allowance for impairment losses
berdasarkan perpindahan antar tahapan: due to transfer within stages:
Pindah ke Tahap 1 620 (620) - - - - - Transfer to Stage 1
Pindah ke Tahap 2 (1) 1 - - - - - Transfer to Stage 2
Total perpindahan antar tahapan 619 (619) - - - - - Total transfer within stages
Tagihan akseptasi yang baru diberikan 1,186 - - - 1,186 - 1,186 New acceptance receivable originated
Pindah ke Tahap 2 (480) 480 - - - - - Transfer to Stage 2
Pelunasan penuh (52) - - - (52) - (52) Fully settlement
Perubahan pada risiko kredit (506) 128 - 439 61 - 61 Change in credit risk
Total yang dibebankan pada laba rugi 148 608 - 439 1,195 - 1,195 Total charged to profit or loss
Saldo akhir 1,157 786 - 7,890 9,833 - 9,833 Ending balance
2023
Konvensional/Conventional
Tahap/ Tahap/
Stage 3 Stage 3
Tahap/ Tahap/ Kolektif/ Individual/ Jumlah/ Syariah/ Jumlah/
Stage 1 Stage 2 Collective Individual Total Sharia Total
Saldo awal 2,068 10,428 - 7,337 19,833 - 19,833 Beginning balance
Perubahan pada cadangan kerugian penurunan nilai Changes in allowance for impairment losses
berdasarkan perpindahan antar tahapan: due to transfer within stages:
Pindah ke Tahap 1 1 (1) - - - - - Transfer to Stage 1
Total perpindahan antar tahapan 1 (1) - - - - - Total transfer within stages
Tagihan akseptasi yang baru diberikan 500 - - - 500 - 500 New acceptance receivable originated
Pindah ke Tahap 2 (490) 490 - - - - - Transfer to Stage 2
Pelunasan penuh (1,701) (2,592) - - (4,293) - (4,293) Fully settlement
Perubahan pada risiko kredit 12 (7,528) - 114 (7,402) - (7,402) Change in credit risk
Total yang (dikreditkan)/dibebankan pada laba rugi (1,679) (9,630) - 114 (11,195) - (11,195) Total (credited)/charged to profit or loss
Saldo akhir 390 797 - 7,451 8,638 - 8,638 Ending balance
Manajemen berpendapat bahwa jumlah cadangan Management believes that the allowance for
kerugian penurunan nilai yang dibentuk cukup untuk impairment losses is adequate to cover losses arising
menutup kerugian yang timbul akibat tidak tertagihnya from uncollectible acceptance receivable.
tagihan akseptasi.
Halaman – 5/128 – Page
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Page 778
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
15. PENYERTAAN 15. INVESTMENTS
2025 2024 2023
Metode harga perolehan 24,214 24,214 4,214 Cost method
Perubahan pada nilai wajar (1,071) (1,071) (555) Changes in fair value
23,143 23,143 3,659
Pada tanggal 25 September 2024, Bank CIMB Niaga telah As at 25 September 2024, Bank CIMB Niaga has invested
melakukan penanaman modal pada PT Kliring Penjaminan in shares to PT Kliring Penjaminan Efek Indonesia ("KPEI")
Efek Indonesia ("KPEI") sejumlah 2.500 (nilai penuh) as amounting to 2,500 (full amount) shares or equivalent
lembar saham atau senilai Rp 20.000, sesuai dengan surat with Rp 20,000, according to the approval of OJK
persetujuan dari OJK No.S-278/PB.32.2024 perihal No. S-278/PB.32.2024 about participation of Bank in
penyertaan modal dalam rangka pembentukan Centralized the Centralized Counterparty Clearing for Interest Rate and
Counterparty Clearing untuk Transaksi Derivatif Suku Exchange Rate Derivative Transaction (“CCP-SBNT”).
Bunga dan Nilai Tukar (“CCP-SBNT”).
Penyertaan saham adalah sebagai berikut: The details of investments in shares were as follows:
2025 2024 2023
Persentase Nilai Persentase Nilai Persentase Nilai
kepemilikan/ nominal/ kepemilikan/ nominal/ kepemilikan/ nominal/
Jenis usaha/ Percentage of Face Percentage of Face Percentage of Face
Nature of ownership value ownership value ownership value
business (%) (Rp) (%) (Rp) (%) (Rp)
Pihak Ketiga Third parties
PT Kliring Penjaminan Jasa Kliring/ 1.11 20,000 1.11 20,000 - - PT Kliring Penjaminan
Efek Indonesia (“KPEI’) Clearing service Efek Indonesia (“KPEI’)
PT Bank Muamalat Perbankan/ 0.13 1,000 0.13 1,000 0.13 1,000 PT Bank Muamalat
Indonesia Tbk Banking Indonesia Tbk
PT Sarana Jatim Ventura Modal Ventura/ 5.81 500 5.81 500 5.81 500 PT Sarana Jatim Ventura
Venture Capital
PT Sarana Yogya Ventura Modal Ventura/ 3.89 300 3.89 300 3.89 300 PT Sarana Yogya Ventura
Venture Capital
PT Sarana Sumbar Ventura Modal Ventura/ 3.37 250 3.37 250 3.37 250 PT Sarana Sumbar Ventura
Venture Capital
PT Sarana Bali Ventura Modal Ventura/ 3.81 250 3.81 250 3.81 250 PT Sarana Bali Ventura
Venture Capital
PT Sarana Sulsel Ventura Modal Ventura/ 2.89 250 2.89 250 2.89 250 PT Sarana Sulsel Ventura
Venture Capital
PT Sarana Jateng Ventura Modal Ventura/ 2.62 250 2.62 250 2.62 250 PT Sarana Jateng Ventura
Venture Capital
PT Bhakti Sarana Ventura Modal Ventura/ 2.71 225 2.71 225 2.71 225 PT Bhakti Sarana Ventura
Venture Capital
PT Sarana Papua Ventura Modal Ventura/ 5.63 200 5.63 200 5.63 200 PT Sarana Papua Ventura
Venture Capital
PT Sarana Lampung Ventura Modal Ventura/ 2.52 150 2.52 150 2.52 150 PT Sarana Lampung Ventura
Venture Capital
PT Sarana Surakarta Ventura Modal Ventura/ 1.85 150 1.85 150 1.85 150 PT Sarana Surakarta Ventura
Venture Capital
PT Sarana Kalbar Ventura Modal Ventura/ 2.45 100 2.45 100 2.45 100 PT Sarana Kalbar Ventura
Venture Capital
PT Sarana Sulut Ventura Modal Ventura/ 2.85 100 2.85 100 2.85 100 PT Sarana Sulut Ventura
Venture Capital
PT Sarana Maluku Ventura Modal Ventura/ 2.73 100 2.73 100 2.73 100 PT Sarana Maluku Ventura
Venture Capital
PT Sarana Jambi Ventura Modal Ventura/ 2.24 100 2.24 100 2.24 100 PT Sarana Jambi Ventura
Venture Capital
PT Sarana Riau Ventura Modal Ventura/ 1.35 100 1.35 100 1.35 100 PT Sarana Riau Ventura
Venture Capital
PT Sarana Aceh Ventura Modal Ventura/ 1.32 100 1.32 100 1.32 100 PT Sarana Aceh Ventura
Venture Capital
Lainnya Lembaga pembiayaan/ Others
(dibawah Rp 100 juta) - nilai penuh Leasing 0.05 - 1.52 89 0.05 - 1.52 89 0.05 - 1.52 89 (under Rp 100 millions) - full amount
24,214 24,214 4,214
Perubahan pada nilai wajar (1,071) (1,071) (555) Changes in fair value
23,143 23,143 3,659
Halaman – 5/129 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 779
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
16. ASET TETAP 16. FIXED ASSETS
Aset tetap terdiri dari: Fixed assets consist of the following:
2025 2024 2023
Kepemilikan langsung 6,849,188 6,406,986 6,425,865 Direct ownership
Aset hak- guna 352,123 396,509 348,871 Right-of-use assets
7,201,311 6,803,495 6,774,736
2025
Selisih penilaian
kembali aset tetap/
1 Januari/ Penambahan/ Pengurangan / Reklasifikasi/
*)
Revaluation of 31 Desember/
January Additions Disposals *) Reclassification fixed assets December
Kepemilikan langsung Direct ownership
Harga perolehan/revaluasi Cost/revaluation
Tanah 3,555,225 11,060 (19,278) - 360,665 3,907,672 Land
Bangunan, termasuk renovasi Buildings, including renovation
dan instalasi 1,895,900 - (402,652) 153,513 178,326 1,825,087 and installations
Perlengkapan, mesin Office equipments, machines
dan perabot kantor 2,735,311 1,037 (106,499) 254,237 - 2,884,086 and furnitures
Kendaraan bermotor 28,909 152,352 (59) - - 181,202 Motor vehicles
8,215,345 164,449 (528,488) 407,750 538,991 8,798,047
Aset dalam penyelesaian 391,273 227,344 - (407,750) - 210,867 Assets in progress
8,606,618 391,793 (528,488) - 538,991 9,008,914
Akumulasi penyusutan Accumulated depreciation
Bangunan, termasuk renovasi Buildings, including renovation
dan instalasi *) 363,460 132,446 (389,441) - - 106,465 and installations *)
Perlengkapan, mesin Office equipments, machines
dan perabot kantor 1,819,910 292,473 (102,300) - - 2,010,083 and furnitures
Kendaraan bermotor 16,262 26,926 (10) - - 43,178 Motor vehicles
2,199,632 451,845 (491,751) - - 2,159,726
Nilai buku bersih 6,406,986 6,849,188 Net book value
*) Termasuk dalam pengurangan adalah nilai pembalikan akumulasi penyusutan atas aset yang direvaluasi pada tahun 2025 Included in the disposals is the reversal of accumulated depreciation on assets that were revalued in 2025 *)
2025
1 Januari/ Penambahan/ Pengurangan/ 31 Desember/
January Additions Disposals December
Aset hak-guna Right-of-use assets
Harga perolehan Cost
Bangunan 714,221 126,584 (120,016) 720,789 Buildings
Perlengkapan, mesin Office equipments, machines
dan perabot kantor 92,128 166 - 92,294 and furnitures
806,349 126,750 (120,016) 813,083
Akumulasi penyusutan Accumulated depreciation
Bangunan 395,872 143,673 (111,213) 428,332 Buildings
Perlengkapan, mesin Office equipments, machines
dan perabot kantor 13,968 18,660 - 32,628 and furnitures
409,840 162,333 (111,213) 460,960
Nilai buku bersih 396,509 352,123 Net book value
Halaman – 5/130 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 780
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
16. ASET TETAP (lanjutan) 16. FIXED ASSETS (continued)
2024
1 Januari/ Penambahan/ Pengurangan/ Reklasifikasi/ 31 Desember/
January Additions Disposals Reclassification December
Kepemilikan langsung Direct ownership
Harga perolehan/revaluasi Cost/revaluation
Tanah 3,602,699 - (47,474) - 3,555,225 Land
Bangunan, termasuk renovasi Buildings, including renovation
dan instalasi 2,330,318 5 (459,785) 25,362 1,895,900 and installations
Perlengkapan, mesin Office equipments, machines
dan perabot kantor 2,688,184 1,642 (234,771) 280,256 2,735,311 and furnitures
Kendaraan bermotor 29,555 - (646) - 28,909 Motor vehicles
8,650,756 1,647 (742,676) 305,618 8,215,345
Aset dalam penyelesaian 185,638 511,253 - (305,618) 391,273 Assets in progress
8,836,394 512,900 (742,676) - 8,606,618
Akumulasi penyusutan Accumulated depreciation
Bangunan, termasuk renovasi Buildings, including renovation
dan instalasi 681,950 125,524 (444,014) - 363,460 and installations
Perlengkapan, mesin Office equipments, machines
dan perabot kantor 1,714,660 312,982 (207,732) - 1,819,910 and furnitures
Kendaraan bermotor 13,919 2,976 (633) - 16,262 Motor vehicles
2,410,529 441,482 (652,379) - 2,199,632
Nilai buku bersih 6,425,865 6,406,986 Net book value
2024
1 Januari/ Penambahan/ Pengurangan/ 31 Desember/
January Additions Disposals December
Aset hak-guna Right-of-use assets
Harga perolehan Cost
Bangunan 653,133 133,647 (72,559) 714,221 Buildings
Perlengkapan, mesin Office equipments, machines
dan perabot kantor 73,548 123,500 (104,920) 92,128 and furnitures
Kendaraan bermotor 252 - (252) - Motor vehicles
726,933 257,147 (177,731) 806,349
Akumulasi penyusutan Accumulated depreciation
Bangunan 314,047 156,054 (74,229) 395,872 Buildings
Perlengkapan, mesin Office equipments, machines
dan perabot kantor 63,795 20,146 (69,973) 13,968 and furnitures
Kendaraan bermotor 220 32 (252) - Motor vehicles
378,062 176,232 (144,454) 409,840
Nilai buku bersih 348,871 396,509 Net book value
Halaman – 5/131 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 781
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
16. ASET TETAP (lanjutan) 16. FIXED ASSETS (continued)
2023
Selisih penilaian
kembali aset tetap/
1 Januari/ Penambahan/ Pengurangan/ Reklasifikasi/ Revaluation of 31 Desember/
January Additions Disposals Reclassification fixed assets December
Kepemilikan langsung Direct ownership
Harga perolehan/revaluasi Cost/revaluation
Tanah 3,591,997 9,710 - - 992 3,602,699 Land
Bangunan, termasuk renovasi Buildings, including renovation
dan instalasi 2,098,590 - (2,584) 234,128 184 2,330,318 and installations
Perlengkapan, mesin Office equipments, machines
dan perabot kantor 2,658,552 4,148 (198,988) 224,472 - 2,688,184 and furnitures
Kendaraan bermotor 22,350 7,775 (570) - - 29,555 Motor vehicles
8,371,489 21,633 (202,142) 458,600 1,176 8,650,756
Aset dalam penyelesaian 381,525 262,713 - (458,600) - 185,638 Assets in progress
8,753,014 284,346 (202,142) - 1,176 8,836,394
Akumulasi penyusutan Accumulated depreciation
Bangunan, termasuk renovasi Buildings, including renovation
dan instalasi 557,110 127,424 (2,584) - - 681,950 and installations
Perlengkapan, mesin Office equipments, machines
dan perabot kantor 1,598,711 312,416 (196,467) - - 1,714,660 and furnitures
Kendaraan bermotor 12,185 2,304 (570) - - 13,919 Motor vehicles
2,168,006 442,144 (199,621) - - 2,410,529
Nilai buku bersih 6,585,008 6,425,865 Net book value
2023
1 Januari/ Penambahan/ Pengurangan/ 31 Desember/
January Additions Disposals December
Aset hak-guna Right-of-use assets
Harga perolehan Cost
Bangunan 865,676 49,333 (261,876) 653,133 Buildings
Perlengkapan, mesin Office equipments, machines
dan perabot kantor 77,590 - (4,042) 73,548 and furnitures
Kendaraan bermotor 48,073 - (47,821) 252 Motor vehicles
991,339 49,333 (313,739) 726,933
Akumulasi penyusutan Accumulated depreciation
Bangunan 432,463 126,587 (245,003) 314,047 Buildings
Perlengkapan, mesin Office equipments, machines
dan perabot kantor 51,446 15,706 (3,357) 63,795 and furnitures
Kendaraan bermotor 44,770 60 (44,610) 220 Motor vehicles
528,679 142,353 (292,970) 378,062
Nilai buku bersih 462,660 348,871 Net book value
Aset hak-guna dengan pihak berelasi diungkapkan dalam Right-of-use assets with related parties are disclosed
Catatan 48. in Note 48.
Halaman – 5/132 – Page
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Page 782
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
16. ASET TETAP (lanjutan) 16. FIXED ASSETS (continued)
Rincian keuntungan/(kerugian) penjualan aset tetap Details of gains/(losses) from the sale of fixed assets
(lihat Catatan 43) adalah: (refer to Note 43) were as follows:
2025 2024 2023
Hasil penjualan aset tetap 28,176 8,382 5,848 Proceeds from sale of fixed assets
Nilai buku bersih atas aset Net book value of assets
yang dijual dan dihapus buku (19,546) (21,574) (772) that were sold and written off
Keuntungan/(kerugian) penjualan aset tetap 8,630 (13,192) 5,076 Gains/(losses) from the sale of fixed assets
Pengurangan aset tetap termasuk penghapusbukuan aset The disposals of fixed assets include the write-off of
tetap berupa bangunan termasuk renovasi dan instalasi, damaged and unused buildings including renovation and
perlengkapan, mesin dan perabot kantor, dan kendaraan installations, office equipments, machines and furnitures,
bermotor yang rusak dan tidak terpakai dengan nilai buku and motor vehicles, with book value of Rp 13,708 for the
sebesar Rp 13.708 untuk tahun yang berakhir year ended 31 December 2025 (2024: Rp 68,723; 2023:
31 Desember 2025 (2024: Rp 68.723; 2023: Rp 1.749). Rp 1,749).
Bank memiliki tanah dengan sertifikat Hak Guna Bangunan Bank has land with “Hak Guna Bangunan” (“HGB”) titles
(“HGB”) yang mempunyai masa manfaat 20 (dua puluh) which have an economic useful life of 20 (twenty) to
hingga 30 (tiga puluh) tahun. Masa berlaku Hak Guna 30 (thirty) years. The landrights (“HGB”) have expiry date
Bangunan (“HGB”) berakhir antara 2026 sampai dengan ranging from 2026 until 2053. Management believes that
2053. Manajemen berpendapat tidak terdapat masalah there will be no difficulty in obtaining the extension of the
dengan perpanjangan hak atas tanah karena seluruh tanah landrights as all the land was acquired legally and was
diperoleh secara sah dan didukung dengan bukti supported by sufficient evidence of ownership. For HGB
kepemilikan yang memadai. Untuk HGB yang sudah which has expired, as of the date of these consolidated
berakhir, per tanggal laporan keuangan konsolidasian ini financial statements it is in the process of being extended.
sedang dalam proses perpanjangan.
Seluruh aset tetap yang ada pada tanggal All of the fixed assets As at 31 December 2025, 2024, and
31 Desember 2025, 2024, dan 2023, digunakan untuk 2023, were fully used to support Bank CIMB Niaga and
menunjang aktivitas operasi Bank CIMB Niaga dan Entitas Subsidiaries’ operation activities. As at
Anak. Pada tanggal 31 Desember 2025, beberapa aset 31 December 2025, several assets were fully depreciated
tersebut sudah disusutkan penuh dan masih digunakan and still used by Bank CIMB Niaga and Subsidiaries in its
dalam operasi Bank CIMB Niaga dan Entitas Anak sebesar operation amounting to Rp 1,077,202 (2024: Rp 831,151;
Rp 1.077.202 (2024: Rp 831.151; 2023: Rp 1.161.347). 2023: Rp 1,161,347).
Halaman – 5/133 – Page
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PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
16. ASET TETAP (lanjutan) 16. FIXED ASSETS (continued)
Pada tanggal 31 Desember 2025, aset tetap berupa As at 31 December 2025, fixed assets including buildings
bangunan dan kendaraan bermotor telah diasuransikan and motor vehicles has been insured against fire, theft and
terhadap risiko kebakaran, kecurian dan risiko lainnya other risks to PT Lippo General Insurance Tbk with an
kepada PT Lippo General Insurance Tbk dengan nilai insurance amounting to Rp 6,786,141 and USD nil (2024:
pertanggungan sebesar Rp 6.786.141 dan USD nihil (2024: Rp 7,777,227 and USD 5.28 million; 2023: Rp 6,700,409
Rp 7.777.227 dan USD 5,28 juta; 2023: Rp 6.700.409 dan and USD 5.28 million). Management believes that the
USD 5,28 juta). Manajemen berpendapat bahwa nilai insured amount is adequate to cover possible losses of
pertanggungan tersebut cukup untuk menutup these assets.
kemungkinan kerugian atas aset yang diasuransikan.
Manajemen berpendapat tidak terdapat indikasi penurunan Management believes that there is no indication of fixed
nilai atas aset tetap yang dimiliki Bank CIMB Niaga dan asset impairment in the value of Bank CIMB Niaga and
Entitas Anak Kecuali tanah dan bangunan yang Subsidiaries fixed assets except revalued land and
direvaluasi. buildings.
Aset dalam penyelesaian terdiri dari bangunan termasuk Assets in progress comprised of the buildings including
renovasi dan instalasi, perlengkapan, mesin, dan perabot renovation and installations, office equipments, machines,
kantor. Penyelesaian tersebut diperkirakan akan selesai di and furnitures. Those progress are estimated to be
tahun 2026 sampai dengan tahun 2030 dengan persentase completed in 2026 until 2030 with current percentages of
penyelesaian hingga saat ini adalah 1% - 99%. completion of 1% - 99%.
Revaluasi aset tetap Revaluation fixed assets
Pada tanggal 1 April 2025 (sebelumnya telah direvaluasi On 1 April 2025 (previously was revaluated on 1 January
pada tanggal 1 Januari 2022), Bank CIMB Niaga 2022), Bank CIMB Niaga did revaluation of their fixed
melakukan penilaian kembali aset tetap yang dilakukan assets which performed by the following external
oleh penilai independen eksternal, KJPP Antonius Setiady independent valuer, KJPP Antonius Setiady & Rekan in
& Rekan dalam Ringkasan Laporan Penilaian No. KJPP the Summary Valuation Report No. KJPP 00167/2.0029-
00167/2.0029-00/PI/07/0007/1/X/2025 tertanggal 00/PI/07/0007/1/X/2025 dated 1 October 2025 which
1 Oktober 2025 yang ditandatangani oleh Andrius signed by Andrius Hermawan, MAPPI (Cert), Ijin Penilai
Hermawan, MAPPI (Cert), Ijin Penilai Menkeu R.I. Menkeu R.I. No. P-1.08.00007, MAPPI No. 93-S-00338 of
No. P-1.08.00007, MAPPI No. 93-S-00338 atas penilaian the assets valuation done from 3 February 2025 to
atas aset yang dilakukan pada tanggal 3 Februari 2025 14 March 2025.
sampai dengan 14 Maret 2025.
Penilaian kembali aset tetap pada April 2025 menambah Revaluation of fixed asset on April 2025 has increased the
nilai buku sebelum dan sesudah revaluasi dari carrying value before and after revaluation from
Rp 4.901.250 (tanah: Rp 3.508.194 dan bangunan: Rp 4,901,250 (land: Rp 3,508,194 and building:
Rp 1.393.056) menjadi Rp 5.440.241 (tanah: Rp 3.868.860 Rp 1,393,056) to Rp 5,440,241 (land: Rp 3,868,860 and
dan bangunan: Rp 1.571.381) sehingga nilai kenaikan building: Rp 1,571,381) resulting in increase in “Reserve
“Selisih penilaian kembali aset tetap” pada bagian ekuitas on revaluation of fixed assets” in the equity section
menjadi sebesar Rp 538.991, dikurangi jumlah penjualan amounting to Rp 538,991, deducted by the sale of
aset revaluasian sebesar Rp 20.247. revalued asset amounting to Rp 20,247.
Halaman – 5/134 – Page
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Page 784
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
16. ASET TETAP (lanjutan) 16. FIXED ASSETS (continued)
Revaluasi aset tetap (lanjutan) Revaluation fixed assets (continued)
Pada tanggal 31 Januari 2023, terdapat penambahan As at 31 January 2023, there was additional of revaluation
penilaian kembali aset tetap atas satu lokasi of fixed assets in one location of land and building which
tanah dan bangunan yang dilakukan oleh performed by the following external independent valuer,
penilai independen eksternal, KJPP Rizki Djunaedy & KJPP Rizki Djunaedy & Rekan which stated in the
Rekan yang tertuang dalam Ringkasan Laporan Summary Valuation Report No. KJPP 00011/2.0017-
Penilaian No. KJPP 00011/2.0017-07/PI/07/00594/1/I/2023 07/PI/07/00594/1/I/2023 dated 31 January 2023 which
tertanggal 31 Januari 2023 yang ditandatangani oleh signed by H. Wiyarso, SE., MM., MAPPI (Cert), Ijin Penilai
H. Wiyarso, SE., MM., MAPPI (Cert), Ijin Penilai Menkeu Menkeu R.I. No. P-1.21.00594, MAPPI No. 14-S-04932.
R.I. No. P-1.21.00594, MAPPI No. 14-S-04932.
Penambahan penilaian kembali aset tetap pada Januari The addition of the revaluation of fixed assets in January
2023 tersebut menambah nilai selisih penilaian kembali 2023 increase the reserve on revaluation of fixed assets of
aset tetap sebesar Rp 1.176 (tanah: Rp 992 dan bangunan: Rp 1,176 (land: Rp 992 and buildings: Rp 184).
Rp 184).
Penilaian dilakukan berdasarkan Standar Penilaian Valuations are performed based on Indonesian Valuation
Indonesia, ditentukan berdasarkan transaksi pasar terkini Standards based on reference to recent market
dan dilakukan dengan ketentuan-ketentuan yang lazim. transactions done on arm’s length terms. The valuation
Metode penilaian yang dipakai adalah metode tingkat 2 method used is method level 2 namely market data
yaitu metode data pasar dan metode biaya. approach and cost approach.
Analisis aset tetap yang dicatat pada nilai wajar Analysis of fixed assets carried at fair value by level of
berdasarkan tingkatan metode penilaian sebagai berikut: valuation method defines as follows:
- Tingkat 1 - Level 1
Harga kuotasi (tidak disesuaikan) dari pasar aktif Quoted price (unadjusted) in active markets for
untuk aset atau liabilitas yang identik. identical assets or liabilities.
- Tingkat 2 - Level 2
Input selain harga kuotasi yang termasuk dalam Input other than quoted prices included within level 1
tingkat 1 yang dapat diobservasi untuk aset dan that are observable for asset and liabilities, either
liabilitas, baik secara langsung (yaitu sebagai suatu directly (that is as a price) or indirectly (derived from
harga) atau secara tidak langsung (sebagai turunan price).
dari harga).
- Tingkat 3 - Level 3
Input untuk aset atau liabilitas yang tidak didasarkan Input for asset or liability that are not based on
pada data pasar yang dapat diobservasi (informasi observable market data (unobservable inputs).
yang tidak dapat diobservasi).
Halaman – 5/135 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 785
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
16. ASET TETAP (lanjutan) 16. FIXED ASSETS (continued)
Nilai wajar tingkat 2 atas aset dihitung dengan Level 2 fair values of assets are calculated using the
menggunakan pendekatan perbandingan harga pasar dan comparable market data approach and cost reproduction
estimasi biaya reproduksi baru atau biaya pengganti baru. or cost replacement approach. The approximate market
Harga pasar aset yang paling mendekati disesuaikan prices of comparable assets are adjusted for differences in
dengan perbedaan atribut utama seperti ukuran aset, key attributes such as assets size, location and use of an
lokasi dan penggunaan aset. Untuk kedua pendekatan di asset. For the two above approaches, the most significant
atas, input yang paling signifikan dalam pendekatan input into this valuation approach is price per square meter
penilaian ini adalah asumsi harga per meter. assumptions.
Tidak terdapat perpindahan antar tingkat selama tahun There were no transfers between levels during the year.
berjalan.
Jika tanah dan bangunan dicatat sebesar harga perolehan, If land and buildings were presented on historical cost
maka per 31 Desember 2025, 2024, dan 2023, dicatat basis, as of 31 December 2025, 2024, and 2023, the
dalam jumlah sebagai berikut: amount would be as follows:
2025 2024 2023
Harga perolehan Cost
Tanah 491,447 503,628 551,102 Land
Bangunan 809,621 1,058,759 1,493,177 Buildings
Akumulasi penyusutan (622,100) (930,122) (1,294,172) Accumulated depreciation
Nilai buku 678,968 632,265 750,107 Net book value
Manajemen berpendapat tidak terdapat perbedaan yang Management believes there is no significant difference
signifikan antara nilai wajar aset tetap dengan nilai between the fair value and carrying value of fixed assets.
tercatatnya.
17. ASET TAKBERWUJUD 17. INTANGIBLE ASSETS
2025
1 Januari/ Penambahan/ Pengurangan/ Reklasifikasi/ 31 Desember/
January Additions Disposals Reclassification December
Harga perolehan Cost
Aset takberwujud 4,261,469 47 (6,124) 386,116 4,641,508 Intangible asset
Aset dalam penyelesaian 531,836 456,636 - (386,116) 602,356 Assets in progress
Lain-lain 487 240 - - 727 Others
4,793,792 456,923 (6,124) - 5,244,591
Akumulasi amortisasi Accumulated amortisation
Aset takberwujud 2,749,412 469,561 (3,119) - 3,215,854 Intangible asset
2,749,412 469,561 (3,119) - 3,215,854
Nilai buku bersih 2,044,380 2,028,737 Net book value
2024
1 Januari/ Penambahan/ Pengurangan/ Reklasifikasi/ 31 Desember/
January Additions Disposals Reclassification December
Harga perolehan Cost
Aset takberwujud 3,749,297 - (14,239) 526,411 4,261,469 Intangible asset
Aset dalam penyelesaian 617,296 440,951 - (526,411) 531,836 Assets in progress
Lain-lain - 487 - - 487 Others
4,366,593 441,438 (14,239) - 4,793,792
Akumulasi amortisasi Accumulated amortisation
Aset takberwujud 2,291,937 471,123 (13,648) - 2,749,412 Intangible asset
2,291,937 471,123 (13,648) - 2,749,412
Nilai buku bersih 2,074,656 2,044,380 Net book value
Halaman – 5/136 – Page
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Page 786
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DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
17. ASET TAKBERWUJUD (lanjutan) 17. INTANGIBLE ASSETS (continued)
2023
1 Januari/ Penambahan/ Pengurangan/ Reklasifikasi/ 31 Desember/
January Additions Disposals Reclassification December
Harga perolehan Cost
Perangkat Lunak 3,826,289 1,773 (306,491) 227,726 3,749,297 Software
Aset dalam penyelesaian 427,832 417,190 - (227,726) 617,296 Assets in progress
4,254,121 418,963 (306,491) - 4,366,593
Akumulasi amortisasi Accumulated amortisation
Aset takberwujud 2,177,301 420,951 (306,315) - 2,291,937 Intangible asset
2,177,301 420,951 (306,315) - 2,291,937
Nilai buku bersih 2,076,820 2,074,656 Net book value
Pengurangan aset takberwujud seluruhnya merupakan All disposal of intangible assets are write-off of unused
penghapusbukuan aset takberwujud yang tidak terpakai intangible assets with net book value of Rp 3,005 for the
dengan nilai buku bersih sebesar Rp 3.005 untuk tahun year ended 31 December 2025 (2024: Rp 591;
yang berakhir 31 Desember 2025 (2024: Rp 591; 2023: Rp 176).
2023: Rp 176).
Seluruh aset takberwujud yang ada pada tanggal All of the intangible assets as at 31 December 2025, 2024,
31 Desember 2025, 2024, dan 2023, digunakan untuk and 2023, are fully used to support Bank CIMB Niaga and
penunjang aktivitas operasional Bank CIMB Niaga dan Subsidiaries’ operational activities. Several assets are fully
Entitas Anak. Beberapa aset tersebut sudah diamortisasi amortised and still being used by Bank CIMB Niaga and
penuh dan masih digunakan dalam operasi Bank CIMB Subsidiaries in its operation amounting to Rp 1,441,549
Niaga dan Entitas Anak sebesar Rp 1.441.549 (2024: Rp 978,418; 2023: Rp 750,349).
(2024: Rp 978.418; 2023: Rp 750.349).
Aset dalam penyelesaian pada tanggal 31 Desember 2025, Assets in progress as at 31 December 2025, mainly
sebagian besar berkaitan dengan proyek aplikasi-aplikasi comprised of application related to banking system
banking system yang diperkirakan selesai di tahun 2026 applications project which are estimated to be completed in
sampai dengan 2028 dengan persentase penyelesaian 2026 until 2028 with current percentages of completion of
hingga saat ini adalah 1% - 99%. 1% - 99%.
18. ASET YANG DIAMBIL ALIH 18. FORECLOSED ASSETS
Aset yang diambil alih untuk penyelesaian kredit dan Foreclosed assets in settlement of loans and consumer
piutang pembiayaan konsumen dicatat dalam akun “Aset financing receivable are included under “Foreclosed
yang Diambil Alih” (“AYDA”). Rincian dalam akun ini Assets” account. The details in this account were as
adalah: follows:
2025 2024 2023
Aset yang diambil alih 816,623 682,326 470,293 Foreclosed assets
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (354,251) (263,160) (233,813) impairment losses
462,372 419,166 236,480
Halaman – 5/137 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 787
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
18. ASET YANG DIAMBIL ALIH (lanjutan) 18. FORECLOSED ASSETS (continued)
Sesuai dengan POJK No. 40/POJK.03/2019 tanggal In accordance with POJK No. 40/POJK.03/2019 dated
1 Januari 2020 tentang Penilaian Kualitas Aset Bank 1 January 2020 regarding with Assessment of Asset
Umum, dan khususnya untuk AYDA, Bank CIMB Niaga Quality of Commercial Banks, and particularly on the
dan Entitas Anak senantiasa memantau umur agunan aset foreclosed assets, Bank CIMB Niaga and Subsidiary
yang diambil alih dan berusaha melakukan upaya always monitors the aging of foreclosed assets and tries to
penyelesaian terhadap AYDA yang dimiliki. make efforts to settle its foreclosed assets.
Mutasi cadangan kerugian penurunan nilai AYDA adalah: The changes in allowance for impairment losses of
foreclosed assets were as follows:
2025 2024 2023
Saldo awal 263,160 233,813 136,538 Beginning balance
Pembentukan selama tahun Impairment during the year
berjalan (lihat Catatan 38) 337,792 153,054 150,368 (refer to Note 38)
Pengurangan selama tahun berjalan (246,701) (123,707) (53,093) Release during the year
Saldo akhir 354,251 263,160 233,813 Ending balance
Manajemen berpendapat bahwa cadangan kerugian Management believes that the above allowance for
penurunan nilai yang telah dibentuk adalah cukup untuk impairment losses is adequate to cover possible losses on
menutup kemungkinan kerugian atas AYDA. foreclosed assets.
19. PENDAPATAN BUNGA YANG MASIH AKAN DITERIMA 19. ACCRUED INTEREST INCOME
2025 2024 2023
Piutang bunga dari kredit Interest receivable
yang diberikan 1,862,738 1,792,291 2,037,161 from loans
Piutang bunga dari Interest receivable from
penempatan pada bank lain dan placements with other banks and
Bank Indonesia, efek-efek, Obligasi Bank Indonesia, marketable securities,
Pemerintah dan efek-efek yang dibeli Government Bonds and securities
dengan janji dijual kembali 1,241,295 1,235,420 1,377,036 purchased under resale agreements
3,104,033 3,027,711 3,414,197
Termasuk ke dalam piutang bunga dari kredit yang Included in interest receivables from loans are profit
diberikan adalah piutang bagi hasil untuk kontrak dengan sharing receivables for contracts with sharia basis.
akad syariah.
Pendapatan bunga yang masih akan diterima dengan Accrued interest income with related parties are disclosed
pihak berelasi diungkapkan pada Catatan 48. in Note 48.
Halaman – 5/138 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 788
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
20. BEBAN DIBAYAR DI MUKA 20. PREPAID EXPENSES
2025 2024 2023
Insentif dibayar dimuka 398,702 381,727 352,295 Prepaid incentives
Hadiah untuk nasabah 232,512 286,852 267,886 Gifts for customers
Sewa 142,064 110,433 122,138 Rental
Pemeliharaan terkait hardware dan Maintenance of hardware and
software 135,003 125,012 109,464 software
Persediaan dan inventaris kantor 107,728 115,569 104,587 Inventory and office equipment
Beban ditangguhkan terkait pinjaman Deferred expense related to
karyawan 101,445 107,054 119,993 staff loans
Gedung, pemeliharaan dan renovasi 56,398 25,765 54,669 Building, maintenance and renovation
Premi asuransi 17,848 14,041 11,005 Insurance premium
Promosi produk dan komunikasi 9,499 14,119 19,337 Promotion product and communication
Perjalanan dinas 5,390 3,803 2,669 Office travelling
Program Kepemilikan Saham ("EOP") 26,801 4,704 7,427 Equity Ownership Programme ("EOP")
Lainnya 25,757 29,400 23,724 Others
1,259,147 1,218,479 1,195,194
21. ASET LAIN-LAIN 21. OTHER ASSETS
2025 2024 2023
Piutang Salam 1,099,107 1,150,000 - Salam Receivable
Tagihan terkait dengan transaksi Receivables related to
ekspor dan impor 886,913 680,413 677,554 export and import transaction
Tagihan terkait dengan transaksi Receivables related to ATM and
ATM dan kartu kredit 324,034 406,184 1,004,001 credit card transactions
Setoran jaminan 118,131 85,087 36,942 Security deposits
Tagihan Anjak Piutang 98,970 134,674 53,177 Factoring
Properti terbengkalai 60,358 60,358 1,739 Abandoned properties
Tagihan terkait dengan Receivables related to
komisi asuransi 32,040 81,057 120,209 insurance commission
Tagihan terkait dengan transaksi Receivables related to defaulted
derivatif gagal bayar - - 429,499 derivative transactions
Tagihan atas penjualan efek-efek dan Obligasi Receivables related to the sale of marketable
*) *)
Pemerintah dan Lainnya 4,742,134 3,042,109 2,813,620 securities and Government Bonds and Others
7,361,687 5,639,882 5,136,741
Dikurangi: Less:
Cadangan kerugian penurunan nilai Allowance for impairment losses
atas tagihan terkait transaksi on receivables related to
derivatif gagal bayar - - (429,499) defaulted derivatives transactions
Cadangan kerugian penurunan nilai Allowance for impairment losses
atas aset lainnya (136,972) (172,746) (73,209) on other assets
(136,972) (172,746) (502,708)
7,224,715 5,467,136 4,634,033
*) Lainnya termasuk tagihan kliring Others include receivable from clearing *)
Properti terbengkalai merupakan aset tetap yang dimiliki The abandoned properties are fixed assets held by Bank
Bank CIMB Niaga tetapi tidak digunakan untuk kegiatan CIMB Niaga but not used for its customary banking
usaha perbankan yang lazim sesuai dengan POJK business based on POJK No. 40/POJK.03/2019 regarding
No. 40/POJK.03/2019 tentang Penilaian Kualitas Aset Assessment of Asset Quality of Commercial Banks.
Bank Umum.
Properti terbengkalai pada tanggal 31 Desember 2025 The abandoned properties as at 31 December 2025 consist
terdiri atas tanah dan gedung. of land and building.
Halaman – 5/139 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 789
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
21. ASET LAIN-LAIN (lanjutan) 21. OTHER ASSETS (continued)
Manajemen berpendapat bahwa cadangan kerugian Management believes that the allowance for impairment
penurunan nilai yang dibentuk atas aset lain-lain telah losses on other assets is adequate.
memadai.
Aset lain-lain dengan pihak berelasi diungkapkan pada Other assets with related parties are disclosed in Note 48.
Catatan 48.
22. LIABILITAS SEGERA 22. OBLIGATIONS DUE IMMEDIATELY
2025 2024 2023
Titipan transfer 1,319,937 2,336,896 1,535,538 Transfer liabilities
Titipan merchant 132,591 126,890 360,024 Merchant liabilities
Titipan kartu 126,937 159,132 269,910 Card liabilities
Titipan umum 75,464 63,000 113,378 General liabilities
Liabilitas atas pembelian efek-efek dan Liabilities related to the purchase of marketable
Obligasi Pemerintah dan Lainnya 2,237,290 1,787,953 1,303,071 securities and Government Bonds and Others
3,892,219 4,473,871 3,581,921
Liabilitas segera dengan pihak berelasi diungkapkan pada Obligations due immediately with related parties are
Catatan 48. disclosed in Note 48.
23. SIMPANAN DARI NASABAH - GIRO 23. DEPOSITS FROM CUSTOMERS - DEMAND DEPOSITS
Berdasarkan mata uang, pihak berelasi, dan pihak By currency, related parties, and third parties
ketiga
2025 2024 2023
Pihak berelasi Related parties
Rupiah 186,811 243,066 207,152 Rupiah
Dolar Amerika Serikat 10,760 10,867 11,474 United States Dollar
197,571 253,933 218,626
Pihak ketiga Third parties
Rupiah 81,697,336 71,230,772 57,199,503 Rupiah
Dolar Amerika Serikat 18,306,775 18,545,119 13,767,387 United States Dollar
Mata uang asing lainnya 2,877,605 1,758,310 2,016,287 Other foreign currencies
102,881,716 91,534,201 72,983,177
103,079,287 91,788,134 73,201,803
Giro dari pihak berelasi diungkapkan dalam Catatan 48. Demand deposits from related parties are disclosed in
Informasi mengenai tingkat suku bunga dan jatuh tempo Note 48. Information in respect of interest rates and
diungkapkan pada Catatan 53 dan 55. maturities are disclosed in Notes 53 and 55.
Pada 31 Desember 2025, jumlah giro Mudharabah yang As at 31 December 2025, total Mudharabah current
dikelola oleh Unit Usaha Syariah Bank mempunyai nilai account, managed by the Bank’s Sharia Unit is amounting
sebesar Rp 8.080.692 (2024: Rp 9.528.019; 2023: to Rp 8,080,692 (2024: Rp 9,528,019; 2023: Rp 5,752,969).
Rp 5.752.969).
Halaman – 5/140 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 790
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
23. SIMPANAN DARI NASABAH - GIRO (lanjutan) 23. DEPOSITS FROM CUSTOMERS - DEMAND DEPOSITS
(continued)
Berdasarkan mata uang, pihak berelasi, dan pihak By currency, related parties, and third parties
ketiga (lanjutan) (continued)
Pada tanggal 31 Desember 2025, giro sebesar As at 31 December 2025, demand deposits amounting to
Rp 524.198 yang dijadikan jaminan atas kredit yang Rp 524,198 was pledged as collateral for the loans granted
diberikan Bank (2024: Rp 487.115; 2023: Rp 155.792). by the Bank (2024: Rp 487,115; 2023: Rp 155,792).
Terkait dengan ketentuan nilai penjaminan simpanan dari Related to the amount of deposit guaranteed regulation of
nasabah - giro, lihat Catatan 61.j. deposit from customer - demand deposits, refer to Note 61.j.
24. SIMPANAN DARI NASABAH - TABUNGAN 24. DEPOSITS FROM CUSTOMERS - SAVING DEPOSITS
Berdasarkan mata uang, pihak berelasi, dan pihak By currency, related parties, and third parties
ketiga
2025 2024 2023
Pihak berelasi Related parties
Rupiah 265,645 250,759 219,624 Rupiah
Dolar Amerika Serikat 21,481 26,048 19,346 United States Dollar
Mata uang asing lainnya 26,469 25,055 14,820 Other foreign currencies
313,595 301,862 253,790
Pihak ketiga Third parties
Rupiah 71,207,033 67,383,059 66,148,534 Rupiah
Dolar Amerika Serikat 7,916,560 7,504,829 6,430,303 United States Dollar
Mata uang asing lainnya 6,944,044 5,089,321 4,598,197 Other foreign currencies
86,067,637 79,977,209 77,177,034
86,381,232 80,279,071 77,430,824
Tabungan dari pihak berelasi diungkapkan dalam Saving deposits from related parties are disclosed in
Catatan 48. Informasi mengenai tingkat suku bunga dan jatuh Note 48. Information in respect of interest rates and
tempo diungkapkan pada Catatan 53 dan 55. maturities are disclosed in Notes 53 and 55.
Pada tanggal 31 Desember 2025, jumlah tabungan As at 31 December 2025, total Mudharabah saving
Mudharabah yang dikelola oleh Unit Usaha Syariah Bank account, managed by the Bank’s Sharia Unit is amounting
mempunyai nilai sebesar Rp 11.855.055 to Rp 11,855,055 (2024: Rp 11,854,105; 2023:
(2024: Rp 11.854.105; 2023: Rp 11.685.912). Rp 11,685,912).
Pada tanggal 31 Desember 2025, tabungan sebesar As at 31 December 2025, saving deposits amounting to
Rp 2.819.014 dijadikan jaminan atas kredit yang diberikan Rp 2,819,014 was pledged as collateral for the loans
Bank (2024: Rp 1.677.433; 2023: Rp 904.250). granted by the Bank (2024: Rp 1,677,433;
2023: Rp 904,250).
Terkait dengan ketentuan nilai penjaminan simpanan dari Related to the amount of deposit guaranteed regulation of
nasabah - tabungan, lihat Catatan 61.j. deposit from customer - saving deposits, refer to Note 61.j.
Halaman – 5/141 – Page
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Page 791
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
25. SIMPANAN DARI NASABAH - DEPOSITO BERJANGKA 25. DEPOSITS FROM CUSTOMERS - TIME DEPOSITS
a. Berdasarkan tujuan, mata uang, pihak berelasi, a. By purpose, currency, related parties, and third
dan pihak ketiga parties
2025 2024 2023
Diukur pada biaya perolehan diamortisasi Measured at amortised cost
Pihak berelasi Related parties
Rupiah 7,438 19,200 26,022 Rupiah
Dolar Amerika Serikat 8,071 4,238 5,508 United States Dollar
Mata uang asing lainnya 2,575 2,083 2,927 Other foreign currencies
18,084 25,521 34,457
Pihak ketiga Third parties
Rupiah 47,952,030 58,252,031 56,058,821 Rupiah
Dolar Amerika Serikat 9,317,572 7,349,240 5,974,583 United States Dollar
Mata uang asing lainnya 2,248,038 2,397,828 4,177,651 Other foreign currencies
59,517,640 67,999,099 66,211,055
Diukur pada nilai wajar melalui laba rugi Measured at fair value through profit loss
Pihak berelasi Related parties
Rupiah 3,507 3,757 3,612 Rupiah
Dolar Amerika Serikat 185 1,229 1,106 United States Dollar
3,692 4,986 4,718
Pihak ketiga Third parties
Rupiah 19,738,284 18,871,157 17,713,041 Rupiah
Dolar Amerika Serikat 1,784,561 1,671,059 1,265,772 United States Dollar
21,522,845 20,542,216 18,978,813
81,062,261 88,571,822 85,229,043
b. Berdasarkan jangka waktu kontrak b. By year of contract
2025 2024 2023
< 1 bulan 11,170,059 7,880,838 5,644,249 < 1 month
> 1 - < 3 bulan 21,902,568 32,923,463 25,113,626 > 1 - < 3 months
> 3 - < 6 bulan 17,236,798 15,996,897 22,054,914 > 3 - < 6 months
> 6 - < 12 bulan 5,177,180 6,771,501 6,398,290 > 6 - < 12 months
> 12 bulan 25,575,656 24,999,123 26,017,964 > 12 months
81,062,261 88,571,822 85,229,043
c. Berdasarkan jatuh tempo c. By maturity
2025 2024 2023
< 1 bulan 36,253,141 37,019,384 37,667,260 < 1 month
> 1 - < 3 bulan 19,774,326 24,171,747 19,256,213 > 1 - < 3 months
> 3 - < 12 bulan 8,172,536 9,912,877 10,243,660 > 3 - < 12 months
> 1 - < 5 tahun 4,706,794 8,517,241 11,237,916 > 1 - < 5 years
> 5 tahun 12,155,464 8,950,573 6,823,994 > 5 years
81,062,261 88,571,822 85,229,043
Halaman – 5/142 – Page
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Page 792
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
25. SIMPANAN DARI NASABAH - DEPOSITO BERJANGKA 25. DEPOSITS FROM CUSTOMERS - TIME DEPOSITS
(lanjutan) (continued)
Deposito berjangka dari pihak berelasi diungkapkan dalam Time deposits from related parties are disclosed in
Catatan 48. Informasi mengenai tingkat suku bunga dan Note 48. Information in respect to interest rates and
jatuh tempo diungkapkan pada Catatan 53 dan 55. maturities are disclosed in Notes 53 and 55.
Pada tanggal 31 Desember 2025, jumlah deposito As at 31 December 2025, total Mudharabah time deposits,
berjangka Mudharabah yang dikelola oleh Unit Usaha managed by the Bank’s Sharia Unit is amounting to
Syariah Bank mempunyai nilai sebesar Rp 19.534.399 Rp 19,534,399 (2024: Rp 22,387,779; 2023:
(2024: Rp 22.387.779; 2023: Rp 18.647.077). Rp 18,647,077).
Pada tanggal 31 Desember 2025, deposito berjangka As at 31 December 2025, time deposits amounting to
sebesar Rp 6.936.391 dijadikan jaminan atas kredit yang Rp 6,936,391 was pledged as collateral for the loans
diberikan oleh Bank CIMB Niaga (2024: granted by Bank CIMB Niaga (2024: Rp 7,367,301;
Rp 7.367.301 ; 2023: Rp 5.387.367). 2023: Rp 5,387,367).
Terkait dengan ketentuan nilai penjaminan simpanan dari Related to the amount of deposit guaranteed regulation of
nasabah - deposito berjangka, lihat Catatan 61.j. deposit from customer - time deposits, refer to Note 61.j.
26. SIMPANAN DARI BANK LAIN - GIRO DAN TABUNGAN 26. DEPOSITS FROM OTHER BANKS - DEMAND AND
SAVING DEPOSITS
Berdasarkan jenis dan mata uang By type and currency
2025 2024 2023
Giro Demand deposits
Rupiah 2,205,551 2,176,856 1,214,132 Rupiah
Dolar Amerika Serikat 310,886 313,566 162,596 United States Dollar
Mata uang asing lainnya 393,232 621,630 115,102 Other foreign currencies
2,909,669 3,112,052 1,491,830
Tabungan Saving deposits
Rupiah 6,266 16,522 13,965 Rupiah
2,915,935 3,128,574 1,505,795
Termasuk dalam mata uang asing lainnya adalah Included in other foreign currencies are Australian Dollar,
Dolar Australia, Yen Jepang, Euro, Pound Sterling Britania Japanese Yen, Euro, Great Britain Pound Sterling, New
Raya, Dolar Selandia Baru, Riyal Saudi Arabia dan Zealand Dollar, Saudi Arabian Riyal and Singapore Dollar.
Dolar Singapura.
Pada tanggal 31 Desember 2025, giro dan tabungan dari As at 31 December 2025, demand and saving deposits
pihak berelasi adalah sebesar Rp 152.804 from related parties amounting to Rp 152,804
(2024: Rp 124.065; 2023: Rp 93.915) (lihat Catatan 48). (31 December 2024: Rp 124,065; 2023: Rp 93,915)
(refer to Note 48).
Pada tanggal 31 Desember 2025, 2024, dan 2023, tidak As at 31 December 2025, 2024, and 2023, there were no
terdapat simpanan dari bank lain - giro dan tabungan yang deposits from other banks - demand and saving deposits
dijadikan jaminan atas kredit yang diberikan Bank CIMB pledged as collateral for the loans granted by Bank CIMB
Niaga. Niaga.
Halaman – 5/143 – Page
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PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
27. SIMPANAN DARI BANK LAIN - INTER-BANK CALL 27. DEPOSITS FROM OTHER BANKS - INTER-BANK
MONEY DAN DEPOSITO BERJANGKAALNEY CALL MONEY AND TIME DEPOSITS ER-BANK
CALL MONEY
a. Berdasarkan jenis dan mata uang a. By type and currency
2025 2024 2023
Inter-bank Call Money Inter-bank Call Money
Rupiah 4,150,000 2,395,000 - Rupiah
Deposito Berjangka Time Deposits
Rupiah 300,375 435,804 254,566 Rupiah
Dolar Amerika Serikat - 90 86 United States Dollar
4,450,375 2,830,894 254,652
b. Berdasarkan jangka waktu kontrak b. By contract year
2025 2024 2023
< 1 bulan 4,167,535 2,402,060 111,935 < 1 month
> 1 - < 3 bulan 82,820 238,023 27,548 > 1 - < 3 months
> 3 - < 6 bulan 93,136 84,100 1,600 > 3 - < 6 months
> 6 - < 12 bulan 500 778 3,254 > 6 - < 12 months
> 12 bulan 106,384 105,933 110,315 > 12 months
4,450,375 2,830,894 254,652
Pada tanggal 31 Desember 2025, 2024, dan 2023, tidak As at 31 December 2025, 2024, and 2023, there were no
terdapat saldo simpanan dari bank lain - inter-bank call deposits from other banks - inter-bank call money and time
money dan deposito berjangka dari pihak berelasi. deposits from related party.
Informasi mengenai tingkat suku bunga dan jatuh tempo Information in respect to interest rate and maturity is
diungkapkan pada Catatan 53 dan 55. disclosed in Notes 53 and 55.
Pada tanggal 31 Desember 2025, 2024, dan 2023, tidak As at 31 December 2025, 2024, and 2023, there were no
terdapat simpanan dari bank lain - inter-bank call money deposits from other banks - inter-bank call money and time
dan deposito berjangka yang dijadikan jaminan atas kredit deposits pledged as loans collateral.
yang diberikan.
Pada tanggal 31 Desember 2025, terdapat simpanan dari As at 31 December 2025, there were deposits from other
bank lain - deposito berjangka yang diukur pada nilai wajar banks - time deposits measured at fair value through profit
melalui laba rugi sebesar Rp 3.328 (2024: or loss amounting to Rp 3,328 (2024: Rp 5,636;
Rp 5.636; 2023: Rp 4.206). 2023: Rp 4,206).
Halaman – 5/144 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 794
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
28. EFEK-EFEK YANG DITERBITKAN 28. MARKETABLE SECURITIES ISSUED
2025 2024 2023
Sukuk Mudharabah Berkelanjutan I Bank CIMB Niaga The Continuous Sukuk Mudharabah I
Tahap II Tahun 2019 (lihat Catatan 1b) of Bank CIMB Niaga Phase II Year 2019 (see Note 1b)
Seri C - - 429,000 Series C
- - 429,000
Obligasi Berkelanjutan III Bank CIMB Niaga The Continuous Bonds III of Bank CIMB
Tahap I Tahun 2019 dengan Tingkat Niaga Phase I Year 2019 with Fixed
Suku Bunga Tetap (lihat Catatan 1b) Interest Rate (see Note 1b)
Seri C - - 481,000 Series C
- - 481,000
Sukuk Mudharabah Berkelanjutan I Bank CIMB Niaga The Continuous Sukuk Mudharabah I
Tahap III Tahun 2020 of Bank CIMB Niaga Phase III Year 2020
Seri C - 391,000 391,000 Series C
- 391,000 391,000
- 391,000 1,301,000
Dikurangi : Less:
Biaya emisi obligasi yang belum diamortisasi - - (524) Unamortised bond issuance costs
- 391,000 1,300,476
Entitas Anak Subsidiaries
Sukuk Wakalah Bi Al-Istitsmar I Sukuk Wakalah Bi Al-Istitsmar I
CIMB Niaga Auto Finance Tahun 2023 of CIMB Niaga Auto Finance Year 2023
dengan Tingkat Suku Bunga Tetap (lihat Catatan 1c) with Fixed Interest Rate (see Note 1c)
Seri A - - 700,000 Seri A
Seri B 300,000 300,000 300,000 Seri B
300,000 300,000 1,000,000
Sukuk Wakalah Bi Al-Istitsmar Berkelanjutan I The Continuous Sukuk Wakalah Bi Al-Istitsmar I
CIMB Niaga Auto Finance Tahap I Tahun 2024 of CIMB Niaga Auto Finance Phase I Year 2024
dengan Tingkat Suku Bunga Tetap (lihat Catatan 1c) with Fixed Interest Rate (see Note 1c)
Seri A - 710,000 - Seri A
Seri B 290,000 290,000 - Seri B
290,000 1,000,000 -
Sukuk Wakalah Bi Al-Istitsmar Berkelanjutan I The Continuous Sukuk Wakalah Bi Al-Istitsmar I
CIMB Niaga Auto Finance Tahap II Tahun 2025 of CIMB Niaga Auto Finance Phase II Year 2025
dengan Tingkat Suku Bunga Tetap (lihat Catatan 1c) with Fixed Interest Rate (see Note 1c)
Seri A 1,200,000 - - Seri A
Seri B 400,000 - - Seri B
1,600,000 - -
Sukuk Wakalah Bi Al-Istitsmar Berkelanjutan I The Continuous Sukuk Wakalah Bi Al-Istitsmar I
CIMB Niaga Auto Finance Tahap III Tahun 2025 of CIMB Niaga Auto Finance Phase III Year 2025
dengan Tingkat Suku Bunga Tetap (lihat Catatan 1c) with Fixed Interest Rate (see Note 1c)
Seri A 1,105,000 - - Seri A
Seri B 395,000 - - Seri B
1,500,000 - -
Dikurangi : Less:
Biaya emisi obligasi yang belum diamortisasi (4,778) (3,548) (2,774) Unamortised bond issuance costs
Jumlah - bersih 3,685,222 1,687,452 2,297,702 Total - net
Peringkat efek-efek yang diterbitkan Marketable securities issued ratings
Untuk Bank CIMB Niaga, peringkat efek-efek yang For Bank CIMB Niaga, the ratings for the marketable
diterbitkan berdasarkan credit rating PT Pefindo pada securities issued based on credit rating PT Pefindo as at
tanggal 31 Desember 2024 dan 2023 adalah idAAA. 31 December 2024 and 2023 is idAAA.
Halaman – 5/145 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 795
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
28. EFEK-EFEK YANG DITERBITKAN (lanjutan) 28. MARKETABLE SECURITIES ISSUED (continued)
Peringkat efek-efek yang diterbitkan Marketable securities issued ratings
Untuk Entitas Anak - CNAF, peringkat efek-efek yang For Subsidiary - CNAF, the ratings for the marketable
diterbitkan berdasarkan credit rating PT Fitch Ratings securities issued based on credit rating PT Fitch Ratings
Indonesia pada tanggal 31 Desember 2025 adalah Indonesia as at 31 December 2025 is AAAidn,
AAAidn, 31 Desember 2024, dan 2023 adalah AAidn. 31 December 2024, and 2023 is AAidn.
Transaksi lindung nilai Hedge transactions
Tidak terdapat transaksi lindung nilai pada tanggal There was no hedging transaction as at 31 December 2025,
31 Desember 2025, 2024, dan 2023. 2024, and 2023.
Informasi mengenai tingkat suku bunga dan jatuh tempo Information in respect to interest rate and maturity is
diungkapkan pada Catatan 53 dan 55. disclosed in Notes 53 and 55.
29. PINJAMAN YANG DITERIMA 29. BORROWINGS
2025 2024 2023
Rupiah Rupiah
Bank lain 4,455,255 6,878,435 3,825,005 Other banks
Dolar Amerika Serikat United States Dollar
Bank lain - 1,609,500 2,463,520 Other Banks
Jumlah 4,455,255 8,487,935 6,288,525 Total
2025 2024 2023
Rupiah Rupiah
Pihak ketiga Third parties Third parties
PT Bank Pan Indonesia Tbk 910,711 217,714 481,383 PT Bank Pan Indonesia Tbk
PT Bank DKI, Unit Syariah 347,112 696,881 529,948 PT Bank DKI, Sharia Unit
PT Bank Negara Indonesia Tbk 266,549 466,530 - PT Bank Negara Indonesia Tbk
PT Bank OCBC NISP Tbk 249,890 202,441 154,298 PT Bank OCBC NISP Tbk
PT Bank China Construction Bank Indonesia Tbk 223,513 175,001 256,972 PT Bank China Construction Bank Indonesia Tbk
PT Bank Panin Dubai Syariah Tbk 202,022 259,862 385,780 PT Bank Panin Dubai Syariah Tbk
PT Bank HSBC Indonesia 199,912 799,912 149,912 PT Bank HSBC Indonesia
PT Bank Permata Tbk 199,912 256,314 211,336 PT Bank Permata Tbk
PT Bank Central Asia Tbk 199,912 - - PT Bank Central Asia Tbk
PT Bank Danamon Indonesia Tbk 198,327 - - PT Bank Danamon Indonesia Tbk
PT Bank SMBC Indonesia Tbk 181,565 399,883 99,940 PT Bank SMBC Indonesia Tbk
PT Sarana Multigriya Finansial (Persero) 166,593 329,070 133,255 PT Sarana Multigriya Finansial (Persero)
PT Sarana Multigriya Finansial (Persero), Unit Syariah 163,282 - - PT Sarana Multigriya Finansial (Persero), Sharia Unit
PT Bank Danamon Indonesia Tbk, Unit Syariah 150,840 12,495 29,133 PT Bank Danamon Indonesia Tbk, Sharia Unit
PT Bank BTPN Syariah Tbk 133,243 195,325 - PT Bank BTPN Syariah Tbk
PT Bank Mandiri (Persero) Tbk 125,986 493,314 404,970 PT Bank Mandiri (Persero) Tbk
PT Bank UOB Indonesia 99,956 238,819 80,508 PT Bank UOB Indonesia
PT Bank CTBC Indonesia 99,956 199,941 69,959 PT Bank CTBC Indonesia
PT Bank Mizuho Indonesia 99,956 199,941 - PT Bank Mizuho Indonesia
PT Bank IBK Indonesia Tbk 95,791 145,791 - PT Bank IBK Indonesia Tbk
PT Bank Syariah Indonesia Tbk 90,249 173,526 - PT Bank Syariah Indonesia Tbk
PT Bank Victoria International Tbk 49,978 399,883 299,823 PT Bank Victoria International Tbk
Standard Chartered Bank Indonesia - 500,000 - Standard Chartered Bank Indonesia
PT Bank OCBC NISP Tbk, Unit Syariah - 199,902 - PT Bank OCBC NISP Tbk, Sharia Unit
PT Bank Victoria Syariah - 199,902 49,943 PT Bank Victoria Syariah
PT Bank Maspion Indonesia Tbk - 54,984 - PT Bank Maspion Indonesia Tbk
PT Bank Permata Tbk, Unit Syariah - 40,536 - PT Bank Permata Tbk, Sharia Unit
PT Bank Oke Indonesia Tbk - 18,050 51,359 PT Bank Oke Indonesia Tbk
PT Bank BCA Syariah - 2,418 22,100 PT Bank BCA Syariah
PT Bank Muamalat Indonesia Tbk - - 414,386 PT Bank Muamalat Indonesia Tbk
4,455,255 6,878,435 3,825,005
Dolar Amerika Serikat United States Dollar
Pihak ketiga Third parties Third parties
MUFG Bank Ltd - 1,609,500 2,463,520 MUFG Bank Ltd
- 1,609,500 2,463,520
Jumlah 4,455,255 8,487,935 6,288,525 Total
Halaman – 5/146 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 796
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
29. PINJAMAN YANG DITERIMA (lanjutan) 29. BORROWINGS (continued)
Pada 31 Desember 2025, Bank CIMB Niaga memiliki As at 31 December 2025, Bank CIMB Niaga have third
pinjaman pihak ketiga dalam USD yang telah jatuh tempo party borrowings in USD that has matured on
pada 24 Februari 2025 (2024: 23 Januari 2025; 2023: 24 February 2025 (2024: 23 January 2025; 2023:
8 Maret 2024 dan 21 Maret 2024) dengan tingkat bunga 8 March 2024 and 21 March 2024) with the annual interest
per tahun 4,56% (2024: 4,56%; 2023: 5,66% dan 5,67%). rate of 4.56% (2024: 4.56%; 2023: 5.66% and 5.67%).
Pinjaman pihak ketiga dalam Rupiah merupakan pinjaman Third parties borrowings in Rupiah represent borrowings
yang diterima oleh Bank dan Entitas Anak dalam received by Bank and Subsidiary to finance their business.
menjalankan bisnisnya. Pinjaman tersebut akan jatuh The borrowing will be matured in the years between
tempo pada berbagai tahun antara 2026 - 2028. Tingkat 2026 - 2028. The annual interest rates for the year ended
suku bunga per tahun untuk fasilitas tersebut untuk tahun 31 December 2025 ranged between 4.95% - 7.25%
yang berakhir 31 Desember 2025 berkisar antara 4,95% - (2024: 6.20% - 7.15%; 2023: 6.05% - 9.00%).
7,25% (2024: 6,20% - 7,15%; 2023: 6,05% - 9,00%).
Seluruh pinjaman Entitas Anak di atas digunakan untuk All the Subsidiary borrowings above are used for finance
pembiayaan kendaraan roda empat, baik dalam kondisi financing of four wheelers, either new or used.
baru atau bekas.
PT Bank Pan Indonesia Tbk PT Bank Pan Indonesia Tbk
Selama tahun yang berakhir 31 Desember 2025, Entitas During the year ended 31 December 2025, Subsidiary has
Anak telah melakukan pembayaran pokok pinjaman paid the principle to PT Bank Pan Indonesia Tbk
kepada PT Bank Pan Indonesia Tbk dengan nominal amounting to Rp 606,667 (2024: Rp 763,889; 2023:
sebesar Rp 606.667 (2024: Rp 763.889; 2023: Rp 238,750). This borrowing will be matured on various
Rp 238.750). Pinjaman ini akan jatuh tempo pada berbagai dates between 18 February 2026 up to 17 July 2028. As of
tanggal antara 18 Februari 2026 sampai dengan the reporting date, there is borrowing facilities that have
17 Juli 2028. Sampai dengan tanggal laporan, terdapat not been extended.
fasilitas pinjaman yang tidak diperpanjang.
Pinjaman ini mensyaratkan Entitas Anak diantaranya This borrowing requires the Subsidiary including:
untuk:
- Menjaga rasio hutang terhadap ekuitas sebesar 8:1; - Maintain the debt to equity ratio of 8:1;
- Menjaga jumlah piutang pembiayaan bermasalah yang - Maintain the non-performing financing receivable
memiliki tunggakan lebih dari 90 hari maksimal which has outstanding days of more than 90 days by
sebanyak 3% dari total piutang pembiayaan; dan maximum of 3% from total financing receivable; and
- Bank CIMB Niaga sebagai Entitas Induk wajib menjaga - Bank CIMB Niaga as Parent Entity must keep their
kepemilikannya di Entitas Anak baik secara langsung ownership in the Subsidiary either directly or indirectly
maupun tidak langsung sebesar 51% dari total modal of 51% ownership from total paid-in capital of the
disetor Entitas Anak. Subsidiary.
Entitas Anak telah memenuhi pembatasan-pembatasan The Subsidiary has fulfilled the debt covenants requirement
yang diwajibkan dalam perjanjian pinjaman yang diterima. outlined in borrowing agreements.
PT Bank DKI, Unit Syariah PT Bank DKI, Sharia Unit
Selama tahun yang berakhir 31 Desember 2025, Entitas During the year ended 31 December 2025, Subsidiary has
Anak telah melakukan pembayaran pokok pinjaman paid the principle to PT Bank DKI, Sharia Unit amounting to
kepada PT Bank DKI, Unit Syariah dengan nominal Rp 347,222 (2024: Rp 333,333; 2023: Rp 244,444). This
sebesar Rp 347.222 (2024: Rp 333.333; 2023: borrowing will be matured on various dates between
Rp 244.444). Pinjaman ini akan jatuh tempo pada berbagai 25 August 2026 up to 22 August 2027.
tanggal antara 25 Agustus 2026 sampai dengan
22 Agustus 2027.
Halaman – 5/147 – Page
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PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
29. PINJAMAN YANG DITERIMA (lanjutan) 29. BORROWINGS (continued)
PT Bank DKI, Unit Syariah (lanjutan) PT Bank DKI, Sharia Unit (continued)
Pinjaman ini mensyaratkan Entitas Anak diantaranya This borrowing requires the Subsidiary including:
untuk:
- Menjaga gearing ratio maksimal sebesar 10 kali; - Maintain the gearing ratio maximum of 10 times;
- Menjaga piutang yang menunggak lebih dari 90 hari - Maintain the non-performing financing receivable which
maksimal 5% dari total piutang pembiayaan; has outstanding days of more than 90 days by
maximum of 5% from total financing receivable;
- Bank CIMB Niaga sebagai Entitas Induk wajib - Bank CIMB Niaga as Parent Entity must keep their
menjaga kepemilikannya di Entitas Anak minimum ownership in the Subsidiary with minimum of 51%;
sebesar 51%;
- Total piutang pembiayaan terhadap total aktiva - Total financing receivables to total assets of minimum
minimal sebesar 40%; 40%;
- Rasio permodalan minimal sebesar 10%; dan - Capital ratio minimum 10%; and
- Memenuhi ketentuan tingkat kesehatan keuangan - Fulfill the financial health level requirements for
untuk multifinance (perusahaan pembiayaan). multifinance (financing companies).
Entitas Anak telah memenuhi pembatasan-pembatasan The Subsidiary has fulfilled the debt covenants requirement
yang diwajibkan dalam perjanjian pinjaman yang diterima. outlined in borrowing agreements.
PT Bank Negara Indonesia (Persero) Tbk PT Bank Negara Indonesia (Persero) Tbk
Selama tahun yang berakhir 31 Desember 2025, Entitas During the year ended 31 December 2025, Subsidiary has
Anak telah melakukan pembayaran pokok pinjaman paid the principle to PT Bank Negara Indonesia Tbk
kepada PT Bank Negara Indonesia Tbk dengan nominal amounting to Rp 200,000 (2024: Rp 133,333; 2023: Rp nil).
sebesar Rp 200.000 (2024: Rp 133.333; 2023: Rp nihil). This borrowing will be matured on various dates between
Pinjaman ini akan jatuh tempo pada berbagai tanggal 4 April 2027 up to 25 April 2027.
antara 4 April 2027 sampai dengan 25 April 2027.
Pinjaman ini mensyaratkan Entitas Anak diantaranya This borrowing requires the Subsidiary including:
untuk:
- Bank CIMB Niaga sebagai Entitas Induk wajib - Bank CIMB Niaga as Parent Entity must keep their
menjaga kepemilikannya di Entitas Anak baik ownership in the Subsidiary either directly or
secara langsung maupun tidak langsung sebesar indirectly of 51% ownership from total paid-in capital
51% dari total modal disetor Entitas Anak; of the Subsidiary;.
- Menjaga current ratio minimal 1,1 kali; - Maintain current ratio minimum of 1.1 times;
- Menjaga debt to equity ratio maksimal 8 kali; - Maintain debt to equity ratio maximum of 8 times;
- Persentase total piutang lancar terhadap total hutang - The percentage of total current debt to total financing
pendanaan minimal 100%; debt is at least 100%;
- Menjaga kualitas piutang pembiayaan on + off - Maintain the quality of receivables both on + off
balance sheet dengan umur tunggakan lebih dari 90 balance sheet with arrears age of more than 90 days
hari (non-performing financing gross) maksimal 3%; (non-performing financing gross) maximum 3%; and
dan
- Mempergunakan fasilitas kredit PT Bank Negara - Utilise PT Bank Negara Indonesia (Persero) Tbk
Indonesia (Persero) Tbk secara optimal minimal 80% credit facilities optimally, at least 80% of the
dari maksimum kredit. maximum credit.
Entitas Anak telah memenuhi pembatasan-pembatasan The Subsidiary has fulfilled the debt covenants requirement
yang diwajibkan dalam perjanjian pinjaman yang diterima. outlined in borrowing agreements.
Halaman – 5/148 – Page
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PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
29. PINJAMAN YANG DITERIMA (lanjutan) 29. BORROWINGS (continued)
PT Bank OCBC NISP Tbk PT Bank OCBC NISP Tbk
Selama tahun yang berakhir 31 Desember 2025, Entitas During the year ended 31 December 2025, Subsidiary has
Anak telah melakukan pembayaran pokok pinjaman kepada paid the principle to PT Bank OCBC NISP Tbk amounting
PT Bank OCBC NISP Tbk sebesar Rp 2.500 to Rp 2,500 (2024: Rp 51,944; 2023: Rp 53,333). The
(2024: Rp 51.944; 2023: Rp 53.333). Pinjaman yang borrowing that scheduled to mature on 6 January 2026 and
dijadwalkan jatuh tempo pada tanggal 6 Januari 2026 dan 7 January 2026 with a principal amount of Rp 250,000 was
7 Januari 2026 dengan pokok sebesar Rp 250.000 telah fully settled on that date.
dilunasi sepenuhnya pada tanggal tersebut.
Pinjaman ini mensyaratkan Entitas Anak diantaranya untuk: This borrowing requires the Subsidiary including:
- Menjaga gearing ratio maksimal sebesar 8 kali; - Maintain the gearing ratio maximum of 8 times;
- Menjaga jumlah piutang pembiayaan bermasalah yang - Maintain the non-performing financing receivable
memiliki tunggakan lebih dari 90 hari maksimal which has outstanding days of more than 90 days by
sebanyak 3% dari total piutang pembiayaan atau a maximum of 3% from total financing receivable or
sesuai ketentuan otoritas; dan as required by the authority; and
- Bank CIMB Niaga sebagai Entitas Induk wajib menjaga - Bank CIMB Niaga as Parent Entity must keep their
kepemilikannya di Entitas Anak minimum sebesar ownership in the Subsidiary with minimum of 51%.
51%.
Entitas Anak telah memenuhi pembatasan-pembatasan The Subsidiary has fulfilled the debt covenants
yang diwajibkan dalam perjanjian pinjaman yang diterima. requirement outlined in borrowing agreements.
PT Bank China Construction Bank Indonesia Tbk PT Bank China Construction Bank Indonesia Tbk
Selama tahun yang berakhir 31 Desember 2025, Entitas During the year ended 31 December 2025, Subsidiary has
Anak telah melakukan pembayaran pokok pinjaman kepada paid the principle to PT Bank China Construction
PT Bank China Construction Bank Indonesia Tbk dengan Bank Indonesia Tbk amounting to Rp 151,442
nominal sebesar Rp 151.442 (2024: Rp 132.071; 2023: (2024: Rp 132,071; 2023: Rp 72,349). This borrowing will
Rp 72.349). Pinjaman ini akan jatuh tempo pada berbagai be matured on various dates between 19 October 2026 up
tanggal antara 19 Oktober 2026 sampai dengan to 5 May 2028.
5 Mei 2028.
Pinjaman ini mensyaratkan Entitas Anak diantaranya untuk: This borrowing requires the Subsidiary including:
- Menjaga collateral coverage ratio minimal 50% dari - Maintain collateral coverage ratio at minimum 50%
pinjaman; of the loan;
- Menjaga gearing ratio maksimal sebesar 8 kali; - Maintain the gearing ratio maximum of 8 times;
- Menjaga jumlah piutang pembiayaan bermasalah - Maintain the non-performing financing receivable
yang memiliki tunggakan lebih dari 90 hari maksimal which has outstanding days of more than 90 days by
sebanyak 5% (gross) dari total piutang pembiayaan; maximum of 5% (gross) from total financing
dan receivable; and
- Bank CIMB Niaga sebagai Entitas Induk wajib - Bank CIMB Niaga as Parent Entity must keep their
menjaga kepemilikannya di Entitas Anak baik secara ownership in the Subsidiary either directly or
langsung maupun tidak langsung sebesar 51% dari indirectly of 51% ownership from total paid-in capital
total modal disetor Entitas Anak. of the Subsidiary.
Entitas Anak telah memenuhi pembatasan-pembatasan The Subsidiary has fulfilled the debt covenants
yang diwajibkan dalam perjanjian pinjaman yang diterima. requirement outlined in borrowing agreements.
Halaman – 5/149 – Page
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Page 799
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
29. PINJAMAN YANG DITERIMA (lanjutan) 29. BORROWINGS (continued)
PT Bank Panin Dubai Syariah Tbk PT Bank Panin Dubai Syariah Tbk
Selama tahun yang berakhir 31 Desember 2025, Entitas During the year ended 31 December 2025, Subsidiary has
Anak telah melakukan pembayaran pokok pinjaman paid the principle to PT Bank Panin Dubai Syariah Tbk
kepada PT Bank Panin Dubai Syariah Tbk dengan nominal amounting to Rp 444,903 (2024: Rp 226,233; 2023:
sebesar Rp 444.903 (2024: Rp 226.233; 2023: Rp 148,547). This borrowing will be matured on various
Rp 148.547). Pinjaman ini akan jatuh tempo pada berbagai dates between 27 February 2026 up to 22 April 2027.
tanggal antara 27 Februari 2026 sampai dengan
22 April 2027.
Pinjaman ini mensyaratkan Entitas Anak diantaranya This borrowing requires the Subsidiary including:
untuk:
- Menjaga gearing ratio maksimal sebesar 10 kali; - Maintain the gearing ratio maximum of 10 times;
- Menjaga rasio piutang pembiayaan bermasalah yang - Maintain the non-performing financing receivable
memiliki tunggakan lebih dari 90 hari maksimal which has outstanding days of more than 90 days by
sebanyak 2% dari total piutang pembiayaan; dan maximum of 2% from total financing receivable; and
- Bank CIMB Niaga sebagai Entitas Induk wajib - Bank CIMB Niaga as Parent Entity must keep their
menjaga kepemilikannya di Entitas Anak baik secara ownership in the Subsidiary either directly or
langsung maupun tidak langsung sebesar 51% dari indirectly of 51% ownership from total paid-in capital
total modal disetor Entitas Anak. of the Subsidiary.
Entitas Anak telah memenuhi pembatasan-pembatasan The Subsidiary has fulfilled the debt covenants
yang diwajibkan dalam perjanjian pinjaman yang diterima. requirement outlined in borrowing agreements.
PT Bank HSBC Indonesia PT Bank HSBC Indonesia
Selama tahun yang berakhir 31 Desember 2025, Entitas During the year ended 31 December 2025, Subsidiary has
Anak telah melakukan pembayaran pokok pinjaman kepada paid the principle to PT Bank HSBC Indonesia amounting
PT Bank HSBC Indonesia dengan nominal sebesar to Rp 100,000 (2024 and 2023: Rp nil). The borrowing that
Rp 100.000 (2024 dan 2023: Rp nihil). Pinjaman yang scheduled to mature on 5 January 2026 with a principal
dijadwalkan jatuh tempo pada tanggal 5 Januari 2026 amount of Rp 200,000 was fully settled on that date.
dengan pokok sebesar Rp 200.000 telah dilunasi
sepenuhnya pada tanggal tersebut.
Pinjaman ini mensyaratkan Entitas Anak diantaranya This borrowing requires the Subsidiary including:
untuk:
- Menjaga gearing ratio maksimum sebesar 10 kali; - Maintain the gearing ratio maximum of 10 times;
- Menjaga jumlah piutang pembiayaan bermasalah - Maintain the non-performing financing receivables
yang memiliki tunggakan lebih dari 90 hari which has outstanding days of more than 90 days
maksimum sebanyak 5% dari total piutang maximum of 5% from total financing receivables or as
pembiayaan atau sesuai ketentuan otoritas; dan required by the authority; and
- Bank CIMB Niaga sebagai Entitas Induk wajib - Bank CIMB Niaga as Parent Entity must keep their
menjaga kepemilikannya di Entitas Anak baik ownership in the Subsidiary either directly or
secara langsung maupun tidak langsung sebesar indirectly of 51% ownership from total paid-in capital
51% dari total modal disetor Entitas Anak. of the Subsidiary.
Entitas Anak telah memenuhi pembatasan-pembatasan The Subsidiary has fulfilled the debt covenants
yang diwajibkan dalam perjanjian pinjaman yang diterima. requirement outlined in borrowing agreements.
Halaman – 5/150 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 800
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
29. PINJAMAN YANG DITERIMA (lanjutan) 29. BORROWINGS (continued)
PT Bank Permata Tbk PT Bank Permata Tbk
Selama tahun yang berakhir 31 Desember 2025, Entitas During the year ended 31 December 2025, Subsidiary has
Anak telah melakukan pembayaran pokok pinjaman paid the principle to PT Bank Permata Tbk amounting to
kepada PT Bank Permata Tbk dengan nominal sebesar Rp 6,388 (2024: Rp 164,583; 2023: 175,694).
Rp 6.388 (2024: Rp 164.583; 2023: Rp 175.694). Pinjaman This borrowing was fully settled on 2 January 2026 and
ini telah dilunasi sepenuhnya pada tanggal 2 Januari 2026
dan 11 Februari 2026. 11 February 2026.
Pinjaman ini mensyaratkan Entitas Anak diantaranya This borrowing requires the Subsidiary including:
untuk:
- Menjaga gearing ratio maksimal sebesar 8 kali; - Maintain the gearing ratio maximum of 8 times;
- Menjaga jumlah piutang pembiayaan bermasalah - Maintain the non-performing financing receivables
yang memiliki tunggakan lebih dari 30 hari maksimum which has outstanding days of more than 30 days by
sebanyak 5% dari total piutang pembiayaan dan maximum of 5% from total financing receivables and
tunggakan lebih dari 90 hari maksimum sebanyak 2% outstanding days of more than 90 days by maximum
dari total piutang pembiayaan; of 2% from total financing receivables;
- Menjaga net write-off tidak lebih dari 3%; dan - Maintain net write-off no more than 3%; and
- Bank CIMB Niaga sebagai Entitas Induk wajib - Bank CIMB Niaga as Parent Entity must keep their
menjaga kepemilikannya di Entitas Anak baik secara ownership in the Subsidiary either directly or
langsung maupun tidak langsung sebesar 51% dari indirectly of 51% ownership from total paid-in capital
total modal disetor Entitas Anak. of the Subsidiary.
Entitas Anak telah memenuhi pembatasan-pembatasan The Subsidiary has fulfilled the debt covenants
yang diwajibkan dalam perjanjian pinjaman yang diterima. requirement outlined in borrowing agreements.
PT Bank Central Asia Tbk PT Bank Central Asia Tbk
Pinjaman ini merupakan pinjaman baru pada tahun 2025. The borrowing is a new borrowing in 2025. During the year
Selama tahun yang berakhir 31 Desember 2025, Entitas ended 31 December 2025, Subsidiary has not made any
Anak belum melakukan pembayaran pokok pinjaman principal repayments to PT Bank Central Asia Tbk. This
kepada PT Bank Central Asia Tbk. Pinjaman ini akan jatuh borrowing will be matured on 29 December 2026.
tempo pada 29 Desember 2026.
Pinjaman ini mensyaratkan Entitas Anak diantaranya This borrowing requires the Subsidiary including:
untuk:
- Menjaga gearing ratio maksimal sebesar 8 kali; - Maintain gearing ratio maximum of 8 times;
- Rasio likuiditas (perbandingan antara kas ditambah - Liquidity ratio (comparison between cash plus net
piutang bersih dan seluruh utang dengan kewajiban receivables and all debts with interest-bearing
yang berbunga) minimal sebesar 1 (satu) kali; liabilities) minimum 1 (one) time.
- Menjaga jumlah piutang pembiayaan bermasalah - Maintain the non-performing financing receivable
yang memiliki tunggakan lebih dari 90 hari maksimal which has outstanding days of more than 90 days by
sebanyak 3% dari total piutang pembiayaan. maximum of 3% from total financing receivable.
- Bank CIMB Niaga sebagai Entitas Induk wajib - Bank CIMB Niaga as Parent Entity must keep their
menjaga kepemilikannya di Entitas Anak baik secara ownership in the Subsidiary either directly or
langsung maupun tidak langsung sebesar 51% dari indirectly of 51% ownership from total paid-in capital
total modal disetor Entitas Anak. of the Subsidiary.
Entitas Anak telah memenuhi pembatasan-pembatasan The Subsidiary has fulfilled the debt covenants
yang diwajibkan dalam perjanjian pinjaman yang diterima. requirement outlined in borrowing agreements.
Halaman – 5/151 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 801
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
29. PINJAMAN YANG DITERIMA (lanjutan) 29. BORROWINGS (continued)
PT Bank Danamon Indonesia Tbk PT Bank Danamon Indonesia Tbk
Selama tahun yang berakhir 31 Desember 2025, Entitas During the year ended 31 December 2025, Subsidiary has
Anak telah melakukan pembayaran pokok pinjaman paid the principle to PT Bank Danamon Indonesia Tbk
kepada PT Bank Danamon Indonesia Tbk dengan nominal amounting to Rp nil (2024: 16,667; 2023: Rp nil). This
sebesar Rp nihil (2024: Rp 16.667; 2023: Rp nihil). borrowing will be matured on 27 April 2026.
Pinjaman ini akan jatuh tempo pada tanggal 27 April 2026. The borrowing consists of facilities that can be extended
Pinjaman ini terdiri dari beberapa fasilitas yang dapat according to the agreement of both parties.
diperpanjang sesuai dengan kesepakatan dengan kedua
belah pihak.
Pinjaman ini mensyaratkan Entitas Anak diantaranya This borrowing requires the Subsidiary including:
untuk:
- Menjaga rasio total debt to net worth maksimal 7 kali; - Maintain total debt to net worth ratio of 7 at the
maximum;
- Menjaga rasio net credit losses to average portfolio - Maintain net credit losses to average portfolio of 4%
maksimal 4%; dan at the maximum; and
- Menjaga jumlah piutang pembiayaan bermasalah - Maintain the non-performing financing receivable
yang memiliki tunggakan lebih dari 90 hari maksimal which has outstanding days of more than 90 days by
sebanyak 3,5% dari total piutang pembiayaan. maximum of 3.5% from total financing receivable.
Entitas Anak telah memenuhi pembatasan-pembatasan The Subsidiary has fulfilled the debt covenants requirement
yang diwajibkan dalam perjanjian pinjaman yang diterima. outlined in borrowing agreements.
PT Bank SMBC Indonesia Tbk PT Bank SMBC Indonesia Tbk
Selama tahun yang berakhir 31 Desember 2025, Entitas During the year ended 31 December 2025, Subsidiary has
Anak telah melakukan pembayaran pokok pinjaman paid the principle to PT Bank SMBC Indonesia Tbk
kepada PT Bank SMBC Indonesia Tbk dengan nominal amounting to Rp 220,000 (2024 and 2023: Rp nil). The
sebesar Rp 220.000 (2024 dan 2023: Rp nihil). Pinjaman borrowing that scheduled to be matured on
yang dijadwalkan jatuh tempo pada tanggal 5 January 2026 with a principal amount of Rp 180,000 was
5 Januari 2026 dengan pokok sebesar Rp 180.000 telah fully settled on that date.
dilunasi sepenuhnya pada tanggal tersebut.
Pinjaman ini mensyaratkan Entitas Anak diantaranya This borrowing requires the Subsidiary including:
untuk:
- Menjaga gearing ratio maksimal sebesar 8,5 kali; - Maintain the gearing ratio maximum of 8.5 times;
- Non-performing asset tidak melebihi 5% dari total - Non-performing assets do not exceed 5% of the total
piutang pembiayaan; dan financing receivables; and
- Bank CIMB Niaga sebagai Entitas Induk wajib - Bank CIMB Niaga as Parent Entity must keep their
menjaga kepemilikannya di Entitas Anak baik secara ownership in the Subsidiary either directly or
langsung maupun tidak langsung sebesar 51% dari indirectly of 51% ownership from total paid-in capital
total modal disetor Entitas Anak. of the Subsidiary.
Entitas Anak telah memenuhi pembatasan-pembatasan The Subsidiary has fulfilled the debt covenants requirement
yang diwajibkan dalam perjanjian pinjaman yang diterima. outlined in borrowing agreements.
Halaman – 5/152 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 802
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
29. PINJAMAN YANG DITERIMA (lanjutan) 29. BORROWINGS (continued)
PT Sarana Multigriya Finansial (Persero) PT Sarana Multigriya Finansial (Persero)
Selama tahun yang berakhir 31 Desember 2025, Entitas During the year ended 31 December 2025, Subsidiary has
Anak telah melakukan pembayaran pokok pinjaman paid the principle to PT Sarana Multigriya
kepada PT Sarana Multigriya Finansial (Persero) dengan Finansial (Persero) amounting to Rp 212,500
nominal sebesar Rp Rp 212.500 (2024: Rp 254.167; 2023: (2024: Rp 254,167; 2023: Rp 66,667). This borrowing will
Rp 66.667). Pinjaman ini akan jatuh tempo pada berbagai mature on various dates between 14 May 2026 up to
tanggal antara 14 Mei 2026 sampai dengan 20 September 2026.
20 September 2026.
Pinjaman ini mensyaratkan Entitas Anak diantaranya untuk: This borrowing requires the Subsidiary including:
- Menjaga return on asset minimal 1%; - Maintain return on asset by minimum of 1%;
- Menjaga jumlah piutang pembiayaan bermasalah - Maintain the non-performing financing receivables -
bruto maksimal sebanyak 5% dari total piutang gross by maximum of 5% from total financing
pembiayaan; receivable;
- Menjaga beban operasional terhadap pendapatan - Maintain operating expenses to operating income
operasional (BOPO) maksimal 100%; (BOPO) at maximum 100%;
- Menjaga gearing ratio maksimal sebesar 10 kali; dan - Maintain gearing ratio maximum of 10 times; and
- Bank CIMB Niaga sebagai Entitas Induk wajib - Bank CIMB Niaga as Parent Entity must keep their
menjaga kepemilikannya di Entitas Anak baik secara ownership in the Subsidiary either directly or
langsung maupun tidak langsung sebesar 51% dari indirectly of 51% ownership from total paid-in capital
total modal disetor Entitas Anak. of the Subsidiary.
Entitas Anak telah memenuhi pembatasan-pembatasan The Subsidiary has fulfilled the debt covenants
yang diwajibkan dalam perjanjian pinjaman yang diterima. requirement outlined in borrowing agreements.
PT Sarana Multigriya Finansial (Persero) Tbk, Unit Syariah PT Sarana Multigriya Finansial (Persero) Tbk, Sharia Unit
Pinjaman ini merupakan pinjaman baru pada tahun 2025. The borrowing is a new borrowing in 2025. During the year
Selama tahun yang berakhir 31 Desember 2025, Entitas ended 31 December 2025, Subsidiary has paid the
Anak telah melakukan pembayaran pokok pinjaman kepada principle to PT Sarana Multigriya Finansial (Persero) Tbk,
PT Sarana Multigriya Finansial (Persero) Tbk, Sharia Unit amounting to Rp 228,667 (2024 and 2023:
Unit Syariah dengan nominal sebesar Rp 228.667 Rp nil). This borrowing will be matured on various dates
(2024 dan 2023: Rp nihil). Pinjaman ini akan jatuh tempo between 5 May 2026 up to 14 May 2026.
pada berbagai tanggal antara 5 Mei 2026 sampai dengan
14 Mei 2026.
Pinjaman ini mensyaratkan Entitas Anak diantaranya untuk: This borrowing requires the Subsidiary including:
- Menjaga return on asset minimal 1%; - Maintain return on asset by minimum of 1%;
- Menjaga jumlah piutang pembiayaan bermasalah - Maintain the non-performing financing receivables -
bersih maksimal sebanyak 5% dari total piutang net by maximum of 5% from total financing
pembiayaan; receivable;
- Menjaga beban operasional terhadap pendapatan - Maintain operating expenses to operating income
operasional (BOPO) maksimal 100%; (BOPO) at maximum 100%;
- Menjaga gearing ratio maksimal sebesar 10 kali; dan - Maintain gearing ratio maximum of 10 times; and
- Bank CIMB Niaga sebagai Entitas Induk wajib - Bank CIMB Niaga as Parent Entity must keep their
menjaga kepemilikannya di Entitas Anak baik secara ownership in the Subsidiary either directly or
langsung maupun tidak langsung sebesar 51% dari indirectly of 51% ownership from total paid-in capital
total modal disetor Entitas Anak. of the Subsidiary.
Entitas Anak telah memenuhi pembatasan-pembatasan The Subsidiary has fulfilled the debt covenants requirement
yang diwajibkan dalam perjanjian pinjaman yang diterima. outlined in borrowing agreements.
Halaman – 5/153 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 803
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
29. PINJAMAN YANG DITERIMA (lanjutan) 29. BORROWINGS (continued)
PT Bank Danamon Indonesia Tbk, Unit Syariah PT Bank Danamon Indonesia Tbk, Sharia Unit
Pinjaman ini merupakan pinjaman baru pada tahun 2025. The borrowing is a new borrowing in 2025. During the year
Selama tahun yang berakhir 31 Desember 2025, Entitas ended 31 December 2025, Subsidiary has paid the
Anak telah melakukan pembayaran pokok pinjaman principle to PT Bank Danamon Indonesia Tbk, Sharia Unit
kepada PT Bank Danamon Indonesia Tbk, Unit Syariah amounting to Rp 116,667 (2024: Rp 16,667; 2023:
dengan nominal sebesar Rp 116.667 (2024: Rp 16,667). This borrowing will be matured on
Rp 16.667; 2023: Rp 16.667). Pinjaman ini akan jatuh 9 July 2026. The borrowing consists of facilities that can be
tempo pada tanggal 9 Juli 2026. Pinjaman ini terdiri dari extended according to the agreement of both parties.
beberapa fasilitas yang dapat diperpanjang sesuai dengan
kesepakatan dengan kedua belah pihak.
Pinjaman ini mensyaratkan Entitas Anak diantaranya This borrowing requires the Subsidiary including:
untuk:
- Menjaga rasio total debt to net worth maksimal 7 kali; - Maintain total debt to net worth ratio of 7 at the
maximum;
- Menjaga rasio net credit losses to average portfolio - Maintain net credit losses to average portfolio of 4%
maksimal 4%; at the maximum;
- Menjaga jumlah piutang pembiayaan bermasalah - Maintain the non-performing financing receivable
yang memiliki tunggakan lebih dari 90 hari maksimal which has outstanding days of more than 90 days by
sebanyak 3,5% dari total piutang pembiayaan. maximum of 3.5% from total financing receivable.
Entitas Anak telah memenuhi pembatasan-pembatasan The Subsidiary has fulfilled the debt covenants
yang diwajibkan dalam perjanjian pinjaman yang diterima. requirement outlined in borrowing agreements.
PT Bank BTPN Syariah Tbk PT Bank BTPN Syariah Tbk
Selama tahun yang berakhir 31 Desember 2025, Entitas During the year ended 31 December 2025, Subsidiary has
Anak telah melakukan pembayaran pokok pinjaman paid the principle to PT Bank BTPN Syariah Tbk amounting
kepada PT Bank BTPN Syariah Tbk dengan nominal to Rp 257,135 (2024: Rp 24,579; 2023: Rp nil). This
sebesar Rp 257.135 (2024: Rp 24.579; 2023: Rp nihil). borrowing will be matured on various dates between
Pinjaman ini akan jatuh tempo pada berbagai tanggal 8 August 2026 up to 29 September 2026.
antara 8 Agustus 2026 sampai dengan 29 September 2026.
Pinjaman ini mensyaratkan Entitas Anak diantaranya untuk: This borrowing requires the Subsidiary including:
- Menjaga gearing ratio maksimal sebesar 8 kali; - Maintain gearing ratio maximum of 8 times;
- Menjaga jumlah piutang pembiayaan bermasalah - Maintain the non-performing financing receivable
yang memiliki tunggakan lebih dari 90 hari maksimal which has outstanding days of more than 90 days by
sebanyak 3% dari total piutang pembiayaan; maximum of 3% from total financing receivable;
- Menjaga komposisi portfolio Syariah lebih besar dari - Maintain composition of Sharia portfolio
outstanding pendanaan Syariah; dan bigger than Sharia outstanding funding; and
- Bank CIMB Niaga sebagai Entitas Induk wajib - Bank CIMB Niaga as Parent Entity must keep their
menjaga kepemilikannya di Entitas Anak baik secara ownership in the Subsidiary either directly or
langsung maupun tidak langsung sebesar 51% dari indirectly of 51% ownership from total paid-in capital
total modal disetor Entitas Anak. of the Subsidiary.
Entitas Anak telah memenuhi pembatasan-pembatasan The Subsidiary has fulfilled the debt covenants
yang diwajibkan dalam perjanjian pinjaman yang diterima. requirement outlined in borrowing agreements.
Halaman – 5/154 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 804
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
29. PINJAMAN YANG DITERIMA (lanjutan) 29. BORROWINGS (continued)
PT Bank Mandiri (Persero) Tbk PT Bank Mandiri (Persero) Tbk
Selama tahun yang berakhir 31 Desember 2025, Entitas During the year ended 31 December 2025, Subsidiary has
Anak telah melakukan pembayaran pokok pinjaman paid the principle to PT Bank Mandiri (Persero) Tbk
kepada PT Bank Mandiri (Persero) Tbk dengan nominal amounting to Rp 797,417 (2024: Rp 608,750; 2023:
sebesar Rp 797.417 (2024: Rp 608.750; 2023: Rp 289,583). This borrowing will matured on various dates
Rp 289.583). Pinjaman ini akan jatuh tempo pada berbagai between 8 January 2026 up to 15 May 2026. The borrowing
tanggal antara 8 Januari 2026 sampai dengan 15 Mei 2026. consists of facilities that can be extended according to the
Pinjaman ini terdiri dari beberapa fasilitas yang dapat agreement of both parties. As of the reporting date, there
diperpanjang sesuai dengan kesepakatan dengan kedua are borrowings facility that have not been extended.
belah pihak. Sampai dengan tanggal laporan, terdapat
fasilitas pinjaman yang tidak diperpanjang.
Pinjaman ini mensyaratkan Entitas Anak diantaranya This borrowing requires the Subsidiary including:
untuk:
- Menjaga jumlah piutang pembiayaan bermasalah - Maintain the non-performing financing receivable
yang memiliki tunggakan lebih dari 90 hari maksimal which has outstanding days of more than 90 days by
sebanyak 5% dari total piutang pembiayaan; maximum of 5% from total financing receivable;
- Bank CIMB Niaga sebagai Entitas Induk wajib - Bank CIMB Niaga as Parent Entity must keep their
menjaga kepemilikannya di Entitas Anak baik ownership in the Subsidiary either directly or
secara langsung maupun tidak langsung sebesar indirectly of 51% ownership from total paid-in capital
51% dari total modal disetor Entitas Anak; of the Subsidiary;
- Menjaga gearing ratio maksimal sebesar 10 kali; dan - Maintain the gearing ratio maximum of 10 times; and
- Selama pinjaman yang diterima berlangsung, Entitas - During the term of outstanding borrowings,
Anak harus memberitahukan secara tertulis kepada Subsidiary must notify PT Bank Mandiri (Persero)
PT Bank Mandiri (Persero) Tbk atas: Tbk in written for:
• Perubahan anggaran dasar termasuk di dalamnya • Amendment to the articles of association including
pemegang saham mayoritas (lebih dari 50% majority shareholders (more than 50% of the total
jumlah kepemilikan saham), pengurus, share ownership), management, capital and share
permodalan dan nilai saham; value;
• Memperoleh fasilitas kredit atau pinjaman dari • Obtaining credit facilities or loan from other party
pihak-pihak lain kecuali dalam rangka mendukung except in the context of supporting the business
kegiatan usaha yang normal dan transaksi wajar; activities of normal business and fair transaction;
• Mengikatkan diri sebagai penjamin hutang atau • Binding themselves as a guarantor of debt or
menjaminkan harta kekayaan untuk pihak-pihak pledging assets for other parties, except in the
lain, kecuali dalam rangka pendanaan untuk context of funding to support the business
mendukung kegiatan usaha. activities.
• Melunasi hutang kepada pemilik/pemegang • Paying off the loan to the owner/majority
saham mayoritas; dan shareholders; and
• Melakukan peleburan usaha/akuisisi. • Conducting merger/acquisition.
Entitas Anak telah memenuhi pembatasan-pembatasan The Subsidiary has fulfilled the debt covenants requirement
yang diwajibkan dalam perjanjian pinjaman yang diterima. outlined in borrowing agreements.
Halaman – 5/155 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 805
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
29. PINJAMAN YANG DITERIMA (lanjutan) 29. BORROWINGS (continued)
PT Bank UOB Indonesia PT Bank UOB Indonesia
Selama tahun yang berakhir 31 Desember 2025, Entitas During the year ended 31 December 2025, Subsidiary has
Anak telah melakukan pembayaran pokok pinjaman paid the principle to PT Bank UOB Indonesia amounting to
kepada PT Bank UOB Indonesia dengan nominal sebesar Rp 38,889 (2024: Rp 141,667; 2023: Rp 66,667).
Rp 38.889 (2024: Rp 141.667; 2023: Rp 66.667). Pinjaman This borrowing will be matured on 3 January 2026 and has
ini akan jatuh tempo pada 3 Januari 2026 dan telah been extended until 27 February 2026. The borrowing
diperpanjang sampai dengan tanggal 27 Februari 2026. consists of facilities that can be extended according to the
Pinjaman ini terdiri dari beberapa fasilitas yang dapat agreement of both parties.
diperpanjang sesuai dengan kesepakatan dengan kedua
belah pihak.
Pinjaman ini mensyaratkan Entitas Anak diantaranya This borrowing requires the Subsidiary including:
untuk:
- Menjaga rasio hutang terhadap modal (Debt to - Maintain debt to equity ratio not exceeding 10 times;
Equity) tidak melebihi 10 kali; dan and
- Bank CIMB Niaga sebagai Entitas Induk wajib - Bank CIMB Niaga as Parent Entity must keep their
menjaga kepemilikannya di Entitas Anak minimum ownership in the Subsidiary with minimum of 51%.
sebesar 51%.
Entitas Anak telah memenuhi pembatasan-pembatasan The Subsidiary has fulfilled the debt covenants
yang diwajibkan dalam perjanjian pinjaman yang diterima. requirement outlined in borrowing agreements.
PT Bank CTBC Indonesia PT Bank CTBC Indonesia
Selama tahun yang berakhir 31 Desember 2025, Entitas During the year ended 31 December 2025, Subsidiary has
Anak telah melakukan pembayaran pokok pinjaman paid the principle to PT Bank CTBC Indonesia amounting
kepada PT Bank CTBC Indonesia dengan nominal to Rp 100,000 (2024: Rp nil; 2023: Rp 75,000).
sebesar Rp 100.000 (2024: Rp nihil; 2023: Rp 75.000). The borrowing that scheduled to mature on
Pinjaman yang dijadwalkan jatuh tempo pada tanggal 2 January 2026 with a principal amount of Rp 100,000 was
2 Januari 2026 dengan pokok sebesar Rp 100.000 telah fully settled on that date.
dilunasi sepenuhnya pada tanggal tersebut
Pinjaman ini mensyaratkan Entitas Anak diantaranya This borrowing requires the Subsidiary including:
untuk:
- Mempertahankan leverage ratio tidak melebihi 8 kali; - Maintain leverage ratio not exceeding 8 times;
- Menjaga jumlah piutang pembiayaan bermasalah - Maintain the non-performing financing receivable
yang memiliki tunggakan lebih dari 90 hari maksimal which has outstanding days of more than 90 days by
sebanyak 5% (gross) dari total piutang pembiayaan; maximum of 5% (gross) from total financing
dan receivable; and
- Bank CIMB Niaga sebagai Entitas Induk wajib - Bank CIMB Niaga as Parent Entity must keep their
menjaga kepemilikannya di Entitas Anak minimum ownership in the Subsidiary with minimum of 51%.
sebesar 51%.
Entitas Anak telah memenuhi pembatasan-pembatasan The Subsidiary has fulfilled the debt covenants
yang diwajibkan dalam perjanjian pinjaman yang diterima. requirement outlined in borrowing agreements.
Halaman – 5/156 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 806
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
29. PINJAMAN YANG DITERIMA (lanjutan) 29. BORROWINGS (continued)
PT Bank Mizuho Indonesia PT Bank Mizuho Indonesia
Selama tahun yang berakhir 31 Desember 2025, Entitas During the year ended 31 December 2025, Subsidiary has
Anak telah melakukan pembayaran pokok pinjaman paid the principle to PT Bank Mizuho Indonesia amounting
kepada PT Bank Mizuho Indonesia dengan nominal to Rp 100,000 (2024 and 2023: Rp nil). This borrowing will
sebesar Rp 100.000 (2024 dan 2023: Rp nihil). Pinjaman mature on 7 January 2026. The borrowing consists of
ini akan jatuh tempo pada tanggal 7 Januari 2026. facilities that can be extended according to the agreement
Pinjaman ini terdiri dari fasilitas yang dapat diperpanjang of both parties. As of the reporting date, there was a portion
sesuai dengan kesepakatan dengan kedua belah pihak. of borrowing amounting to Rp 50,000 that has been paid
Sampai dengan tanggal laporan, terdapat sebagian off on 21 January 2026 and Rp 50,000 that has been
pinjaman sebesar Rp 50.000 yang telah dilunasi pada extended until the maturity date of 25 February 2026.
tanggal 21 Januari 2026 dan Rp 50.000 yang
diperpanjang sampai dengan tanggal jatuh tempo 25
Februari 2026.
Pinjaman ini mensyaratkan Entitas Anak diantaranya This borrowing requires the Subsidiary including:
untuk:
- Menjaga jumlah piutang pembiayaan bermasalah - Maintain the non-performing financing more than 90
(non-performing financing) lebih dari 90 hari pada days at the maximum of 3% of total gross receivables;
maksimum 3% terhadap total gross receivables; dan and
- Menjaga gearing ratio maksimal sebesar 10 kali. - Maintain the gearing ratio maximum of 10 times.
Entitas Anak telah memenuhi pembatasan-pembatasan The Subsidiary has fulfilled the debt covenants requirement
yang diwajibkan dalam perjanjian pinjaman yang diterima. outlined in borrowing agreements.
PT Bank IBK Indonesia Tbk PT Bank IBK Indonesia Tbk
Selama tahun yang berakhir 31 Desember 2025, Entitas During the year ended 31 December 2025, Subsidiary has
Anak telah melakukan pembayaran pokok pinjaman paid the principle to PT Bank IBK Indonesia Tbk
kepada PT Bank IBK Indonesia Tbk dengan nominal amounting to Rp 50,000 (2024: Rp 4,167; 2023: Rp nil).
sebesar Rp 50.000 (2024: Rp 4.167; 2023: Rp nihil). This borrowing will be matured on 28 November 2027.
Pinjaman ini akan jatuh tempo pada tanggal
28 November 2027.
Pinjaman ini mensyaratkan Entitas Anak diantaranya This borrowing requires the Subsidiary including:
untuk:
- Menjaga gearing ratio maksimal sebesar 8 kali; - Maintain the gearing ratio maximum of 8 times;
- Menjaga non-performing financing lebih dari 90 hari - Maintain non-performing financing of more than 90
maksimal 4%; days maximum 4%;
- Capital ratio minimal 10%; - Capital ratio minimum 10%;
- Total rasio net debt to equity maksimal 10 kali; - Total net debt to equity ratio maximum 10 times;
- Piutang pembiayaan konsumen terhadap total aset - Consumer financing receivables to total asset
minimal 60%; minimum 60%;
- Tangible net worth minimal Rp 1 triliun; dan - Tangible net worth minimum Rp 1 trillion; and
- Minimal piutang lancar 85% dari total piutang. - Minimum current receivables 85% of total
receivables.
Entitas Anak telah memenuhi pembatasan-pembatasan The Subsidiary has fulfilled the debt covenants
yang diwajibkan dalam perjanjian pinjaman yang diterima. requirement outlined in borrowing agreements.
Halaman – 5/157 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 807
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
29. PINJAMAN YANG DITERIMA (lanjutan) 29. BORROWINGS (continued)
PT Bank Syariah Indonesia Tbk PT Bank Syariah Indonesia Tbk
Selama tahun yang berakhir 31 Desember 2025, Entitas During the year ended 31 December 2025, Subsidiary has
Anak telah melakukan pembayaran pokok pinjaman paid the principle to PT Bank Syariah Indonesia Tbk
kepada PT Bank Syariah Indonesia Tbk dengan nominal amounting to Rp 83,333 (2024: Rp 76,389; 2023: Rp nil).
sebesar Rp 83.333 (2024: Rp 76.389; 2023: Rp nihil). This borrowing will be matured on 29 January 2027.
Pinjaman ini akan jatuh tempo pada tanggal
29 Januari 2027.
Pinjaman ini mensyaratkan Entitas Anak diantaranya This borrowing requires the Subsidiary including:
untuk:
- Menjaga gearing ratio maksimal 5 kali baik secara - Maintain gearing ratio maximum of 5 times both
konsolidasi maupun secara Unit Usaha Syariah consolidation and Unit Usaha Syariah (”UUS”);
(”UUS”);
- Menjaga non-performing financing gross maksimal - Maintain gross non-performing financing ratio
3% baik secara konsolidasi maupun secara UUS; dan maximum 3% both consolidation and UUS; and
- Bank CIMB Niaga sebagai Entitas Induk wajib
menjaga kepemilikannya di Entitas Anak minimum - Bank CIMB Niaga as Parent Entity must keep their
sebesar 51%. ownership in the Subsidiary with minimum of 51%.
Entitas Anak telah memenuhi pembatasan-pembatasan The Subsidiary has fulfilled the debt covenants
yang diwajibkan dalam perjanjian pinjaman yang diterima. requirement outlined in borrowing agreements.
PT Bank Victoria International Tbk PT Bank Victoria International Tbk
Selama tahun yang berakhir 31 Desember 2025, Entitas During the year ended 31 December 2025, Subsidiary has
Anak telah melakukan pembayaran pokok pinjaman paid the principle to PT Bank Victoria International Tbk
kepada PT Bank Victoria International Tbk dengan nominal amounting to Rp 350,000 (2024 and 2023: Rp nil).
sebesar Rp 350.000 (2024 dan 2023: Rp nihil). Pinjaman The borrowing that scheduled to mature on 13 January
yang dijadwalkan jatuh tempo pada tanggal 2026 with a principal amount of Rp 50,000 was fully settled
13 Januari 2026 dengan pokok sebesar Rp 50.000 telah on that date.
dilunasi sepenuhnya pada tanggal tersebut.
Pinjaman ini mensyaratkan Entitas Anak diantaranya untuk This borrowing requires the Subsidiary including:
- Menjaga gearing ratio maksimal sebesar 5 kali; - Maintain the gearing ratio maximum of 5 times;
- Menjaga jumlah piutang pembiayaan bermasalah - Maintain the non-performing financing receivable
yang memiliki tunggakan lebih dari 90 hari maksimal which has outstanding days of more than 90 days by
sebanyak 5% dari total piutang pembiayaan; dan maximum of 5% from total financing receivable; and
- Bank CIMB Niaga sebagai Entitas Induk wajib - Bank CIMB Niaga as Parent Entity must keep their
menjaga kepemilikannya di Entitas Anak baik secara ownership in the Subsidiary either directly or
langsung maupun tidak langsung sebesar 51% dari indirectly of 51% ownership from total paid-in capital
total modal disetor Entitas Anak. of the Subsidiary.
Entitas Anak telah memenuhi pembatasan-pembatasan The Subsidiary has fulfilled the debt covenants requirement
yang diwajibkan dalam perjanjian pinjaman yang diterima. outlined in borrowing agreements.
Halaman – 5/158 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 808
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
29. PINJAMAN YANG DITERIMA (lanjutan) 29. BORROWINGS (continued)
Standard Chartered Bank Indonesia Standard Chartered Bank Indonesia
Selama tahun yang berakhir 31 Desember 2025, Bank During the year ended 31 December 2025, Bank has paid
telah melakukan pembayaran pokok pinjaman kepada the principle to Standard Chartered Bank Indonesia
Standard Chartered Bank Indonesia dengan nominal amounting to Rp 500,000 (2024 and 2023: Rp nil). This
sebesar Rp 500.000 (2024 dan 2023: Rp nihil). Pinjaman borrowing was fully settled on the maturity date,
ini telah dilunasi sepenuhnya pada tanggal jatuh tempo, 6 January 2025.
6 Januari 2025.
PT Bank OCBC NISP Tbk, Unit Syariah PT Bank OCBC NISP Tbk, Sharia Unit
Selama tahun yang berakhir 31 Desember 2025, Entitas During the year ended 31 December 2025, Subsidiary has
Anak telah melakukan pembayaran pokok pinjaman paid the principle to PT Bank OCBC NISP Tbk, Sharia Unit
kepada PT Bank OCBC NISP Tbk, Unit Syariah sebesar amounting to Rp 200,000 (2024 and 2023: Rp nil).
Rp 200.000 (2024 dan 2023: Rp nihil). Pinjaman ini telah This borrowing was fully settled on the maturity date,
dilunasi sepenuhnya pada tanggal jatuh tempo, 29 December 2025.
29 Desember 2025.
Pinjaman ini mensyaratkan Entitas Anak diantaranya This borrowing requires the Subsidiary including:
untuk:
- Menjaga gearing ratio maksimal sebesar 8 kali; - Maintain the gearing ratio maximum of 8 times;
- Menjaga jumlah piutang pembiayaan bermasalah - Maintain the non-performing financing receivable
yang memiliki tunggakan lebih dari 90 hari maksimal which has outstanding days of more than 90 days by
sebanyak 3% dari total piutang pembiayaan atau a maximum of 3% from total financing receivable or
sesuai ketentuan otoritas; dan as required by the authority; and
- Bank CIMB Niaga sebagai Entitas Induk wajib - Bank CIMB Niaga as Parent Entity must keep their
menjaga kepemilikannya di Entitas Anak baik secara ownership in the Subsidiary either directly or
langsung maupun tidak langsung sebesar 51% dari indirectly of 51% ownership from total paid-in capital
total modal disetor Entitas Anak. of the Subsidiary.
Entitas Anak telah memenuhi pembatasan-pembatasan The Subsidiary has fulfilled the debt covenants
yang diwajibkan dalam perjanjian pinjaman yang diterima. requirement outlined in borrowing agreements.
PT Bank Victoria Syariah PT Bank Victoria Syariah
Selama tahun yang berakhir 31 Desember 2025, Entitas During the year ended 31 December 2025, Subsidiary has
Anak telah melakukan pembayaran pokok pinjaman paid the principle to PT Bank Victoria Syariah amounting
kepada PT Bank Victoria Syariah dengan nominal sebesar to Rp 200,000 (2024: Rp nil; 2023: Rp 50,000). This
Rp 200.000 (2024: Rp nihil; 2023: Rp 50.000). Pinjaman borrowing was fully settled on the maturity date,
ini telah dilunasi sepenuhnya pada tanggal jatuh tempo, 14 February 2025.
14 Februari 2025.
Pinjaman ini mensyaratkan Entitas Anak diantaranya This borrowing requires the Subsidiary including:
untuk:
- Menjaga gearing ratio maksimal sebesar 10 kali; dan - Maintain the gearing ratio maximum of 10 times; and
- Menjaga jumlah piutang pembiayaan bermasalah - Maintain the non-performing financing receivables
sebanyak 3% dari total piutang pembiayaan. maximum of 3% from total financing receivables.
Entitas Anak telah memenuhi pembatasan-pembatasan The Subsidiary has fulfilled the debt covenants
yang diwajibkan dalam perjanjian pinjaman yang diterima. requirement outlined in borrowing agreements.
Halaman – 5/159 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 809
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
29. PINJAMAN YANG DITERIMA (lanjutan) 29. BORROWINGS (continued)
PT Bank Maspion Indonesia Tbk PT Bank Maspion Indonesia Tbk
Selama tahun yang berakhir 31 Desember 2025, Entitas During the year ended 31 December 2025, Subsidiary has
Anak telah melakukan pembayaran pokok pinjaman paid the principle to PT Bank Maspion Indonesia Tbk
kepada PT Bank Maspion Indonesia Tbk dengan nominal amounting to Rp 55,000 (2024: Rp 165,000; 2023: Rp nil).
sebesar Rp 55.000 (2024: Rp 165.000; 2023: Rp nihil). This borrowing was fully settled on the maturity date,
Pinjaman ini telah dilunasi sepenuhnya pada tanggal jatuh 26 March 2025.
tempo, 26 Maret 2025.
Pinjaman ini mensyaratkan Entitas Anak diantaranya This borrowing requires the Subsidiary including:
untuk:
- Menyerahkan laporan keuangan tahunan yang telah - Submit audited annual financial statements no later
diaudit selambat-lambatnya 270 hari sejak tanggal than 270 days from the date of the report;
laporan;
- Menyampaikan laporan keuangan in-house triwulan - Submit quarterly in-house financial statements no
selambat-lambatnya 90 hari sejak tanggal laporan; later than 90 days from the date of the report;
- Menjaga gearing ratio maksimum sebesar 8 kali; - Maintain gearing ratio maximum of 8 times;
- Menjaga jumlah piutang pembiayaan bermasalah - Maintain the non-performing financing receivables
yang memiliki tunggakan lebih dari 90 hari sebanyak which has outstanding days of more than 90 days by
5% (gross) dari total piutang pembiayaan; maximum of 5% (gross) from total financing
- Mempertahankan rasio total piutang pembiayaan receivables;
terhadap total aset minimum 50%; dan - Maintain ratio of total financing receivables to total
- Bank CIMB Niaga sebagai Entitas Induk wajib assets minimum of 50%; and
menjaga kepemilikannya di Entitas Anak baik secara - Bank CIMB Niaga as Parent Entity must keep their
langsung maupun tidak langsung sebesar 51% dari ownership in the Subsidiary either directly or
indirectly of 51% ownership from total paid-in capital
total modal disetor Entitas Anak.
of the Subsidiary.
Entitas Anak telah memenuhi pembatasan-pembatasan The Subsidiary has fulfilled the debt covenants
yang diwajibkan dalam perjanjian pinjaman yang diterima. requirement outlined in borrowing agreements.
PT Bank Permata Tbk, Unit Syariah PT Bank Permata Tbk, Sharia Unit
Selama tahun yang berakhir 31 Desember 2025, Entitas During the year ended 31 December 2025, Subsidiary has
Anak telah melakukan pembayaran pokok pinjaman paid the principle to PT Bank Permata Tbk, Sharia Unit
kepada PT Bank Permata Tbk, Unit Syariah dengan amounting to Rp 40,556 (2024: Rp 80,278; 2023: Rp nil).
nominal sebesar Rp 40.556 (2024: Rp 80.278; 2023: This borrowing was fully settled on the maturity date,
Rp nil). Pinjaman ini telah dilunasi sepenuhnya pada 29 July 2025.
tanggal jatuh tempo, 29 Juli 2025.
Pinjaman ini mensyaratkan Entitas Anak diantaranya This borrowing requires the Subsidiary including:
untuk:
- Menjaga gearing ratio maksimal sebesar 8 kali; - Maintain the gearing ratio maximum of 8 times;
- Menjaga jumlah piutang pembiayaan bermasalah - Maintain the non-performing financing receivable
yang memiliki tunggakan lebih dari 30 hari maksimal which has outstanding days of more than 30 days by
sebanyak 5% dari total piutang pembiayaan dan maximum of 5% from total financing receivable and
tunggakan lebih dari 90 hari maksimal sebanyak 2% outstanding days of more than 90 days by maximum
dari total piutang pembiayaan; of 2% from total financing receivable;
- Menjaga net write-off tidak lebih dari 3%; dan - Maintain net write-off no more than 3%; and
- Bank CIMB Niaga sebagai Entitas Induk wajib - Bank CIMB Niaga as Parent Entity must keep their
menjaga kepemilikannya di Entitas Anak baik secara ownership in the Subsidiary either directly or
langsung maupun tidak langsung sebesar 51% dari indirectly of 51% ownership from total paid-in capital
total modal disetor Entitas Anak. of the Subsidiary.
Entitas Anak telah memenuhi pembatasan-pembatasan The Subsidiary has fulfilled the debt covenants
yang diwajibkan dalam perjanjian pinjaman yang diterima. requirement outlined in borrowing agreements.
Halaman – 5/160 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 810
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
29. PINJAMAN YANG DITERIMA (lanjutan) 29. BORROWINGS (continued)
PT Bank Oke Indonesia Tbk PT Bank Oke Indonesia Tbk
Selama tahun yang berakhir 31 Desember 2025, Entitas During the year ended 31 December 2025, Subsidiary has
Anak telah melakukan pembayaran pokok pinjaman paid the principle to PT Bank Oke Indonesia Tbk
kepada PT Bank Oke Indonesia Tbk dengan nominal amounting to Rp 18,056 (2024 and 2023: Rp 33,333). This
sebesar Rp 18.056 (2024 dan 2023: Rp 33.333). borrowing was fully settled on the maturity date,
Pinjaman ini telah dilunasi sepenuhnya pada tanggal jatuh 16 August 2025.
tempo, 16 Agustus 2025.
Pinjaman ini mensyaratkan Entitas Anak diantaranya This borrowing requires the Subsidiary including:
untuk: (lanjutan) (continued)
- Menjaga gearing ratio maksimal sebesar 8 kali; - Maintain the gearing ratio maximum of 8 times;
- Menjaga rasio kecukupan modal minimal 14%; - Maintain capital adequacy ratio minimum of 14%;
- Annual loss maksimal 6%; - Annual loss maximum 6%;
- Menjaga jumlah piutang pembiayaan bermasalah - Maintain the non-performing financing receivables
yang memiliki tunggakan lebih dari 30 hari maksimum which has outstanding days of more than 30 days by
sebanyak 10% (gross) dari total piutang pembiayaan maximum of 10% (gross) from total financing
dan tunggakan lebih dari 90 hari maksimum sebanyak receivables and more than 90 days by maximum 5%
5% (gross) dari total piutang pembiayaan; dan (gross) from total financing receivables; and
- Bank CIMB Niaga sebagai Entitas Induk wajib - Bank CIMB Niaga as Parent Entity must keep their
menjaga kepemilikannya di Entitas Anak baik secara ownership in the Subsidiary either directly or
langsung maupun tidak langsung sebesar 51% dari indirectly of 51% ownership from total paid-in capital
total modal disetor Entitas Anak. of the Subsidiary.
Entitas Anak telah memenuhi pembatasan-pembatasan The Subsidiary has fulfilled the debt covenants
yang diwajibkan dalam perjanjian pinjaman yang diterima. requirement outlined in borrowing agreements.
PT Bank BCA Syariah PT Bank BCA Syariah
Selama tahun yang berakhir 31 Desember 2025, Entitas During the year ended 31 December 2025, Subsidiary has
Anak telah melakukan pembayaran pokok pinjaman paid the principle to PT Bank BCA Syariah amounting to
Rp 2,419 (2024: Rp 19,706; 2023: Rp 58,844). This
kepada PT Bank BCA Syariah dengan nominal sebesar
borrowing was fully settled on the maturity date,
Rp 2.419 (2024: Rp 19.706; 2023: Rp 58.844). Pinjaman 14 April 2025.
ini telah dilunasi sepenuhnya pada tanggal jatuh tempo,
14 April 2025.
Pinjaman ini mensyaratkan Entitas Anak diantaranya This borrowing requires the Subsidiary including:
untuk:
- Menjaga gearing ratio maksimal sebesar 8 kali; dan - Maintain gearing ratio maximum of 8 times; and
- Menjaga jumlah piutang pembiayaan bermasalah - Maintain the non-performing financing receivable
yang memiliki tunggakan lebih dari 30 hari maksimal which has outstanding days of more than 30 days by
sebanyak 5% dari total piutang pembiayaan. maximum of 5% from total financing receivable.
Entitas Anak telah memenuhi pembatasan-pembatasan The Subsidiary has fulfilled the debt covenants
yang diwajibkan dalam perjanjian pinjaman yang diterima. requirement outlined in borrowing agreements.
PT Bank Muamalat Indonesia Tbk PT Bank Muamalat Indonesia Tbk
Selama tahun yang berakhir 31 Desember 2025, Entitas During the year ended 31 December 2025, Subsidiary has
Anak telah melakukan pembayaran pokok pinjaman paid the principle to PT Bank Muamalat Indonesia Tbk
kepada PT Bank Muamalat Indonesia Tbk dengan nominal amounting to Rp nil (2024: Rp 414,861; 2023: Rp 222,306).
sebesar Rp nihil (2024: Rp 414.861; 2023: Rp 222.306). This syndication borrowings has been fully paid off in 2024.
Pinjaman sindikasi ini telah dilunasi sepenuhnya di tahun
2024.
Halaman – 5/161 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 811
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
30. PAJAK PENGHASILAN 30. INCOME TAX
a. Uang muka pajak a. Prepaid taxes
2025 2024 2023
Bank CIMB Niaga Bank CIMB Niaga
Pajak penghasilan badan Corporate income tax
2013 78,427 78,427 78,427 2013
2014 431,658 431,658 431,658 2014
2015 - - 206,576 2015
2016 380,201 380,201 380,201 2016
2017 102,701 102,701 153,243 2017
2018 156,151 175,027 175,027 2018
2019 173,732 178,691 - 2019
2020 73,126 - - 2020
2023 61,385 255,633 255,633 2023
2024 1,411,276 1,411,276 - 2024
Pajak penghasilan - Income taxes -
Pasal 4(2), 21, 23, dan 26 Article 4(2), 21, 23, and 26
2013 - - 10,584 2013
2023 621 - - 2023
Pajak Pertambahan Nilai Value Added Tax
2015 - 2023 22,488 26,964 15,185 2015 - 2023
2,891,766 3,040,578 1,706,534
Entitas Anak 169,117 151,770 222,450 Subsidiaries
3,060,883 3,192,348 1,928,984
Pada tahun 2024, Bank telah menerima On year 2024, the Bank has received the tax refund of
pengembalian pajak atas Pajak Penghasilan Badan Corporate Income Tax and Value Added Tax for the
dan Pajak Penghasilan Negara atas kasus sengketa disputes on the fiscal year of 2015.
pada tahun fiskal 2015.
b. Utang pajak b. Taxes payable
2025 2024 2023
Bank CIMB Niaga Bank CIMB Niaga
Pajak penghasilan badan Corporate income tax
Pasal 25/29 343,956 181,410 163,942 Article 25/29
Pajak penghasilan Income taxes
Pasal 4 (2), 21, 23, dan 26 21,603 117,962 244,632 Article 4 (2), 21, 23, and 26
Pajak Pertambahan Nilai 10,474 10,111 11,827 Value Added Tax
Bea Meterai 1,145 1,136 1,112 Stamp duty
377,178 310,619 421,513
Entitas Anak 16,041 36,656 13,340 Subsidiaries
393,219 347,275 434,853
Halaman – 5/162 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 812
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
30. PAJAK PENGHASILAN (lanjutan) 30. INCOME TAX (continued)
c. Beban pajak penghasilan c. Income tax expense
2025 2024 2023
Bank CIMB Niaga Bank CIMB Niaga
Pajak kini (2,011,771) (402,779) (1,480,464) Current tax
Pajak tangguhan 215,969 (1,317,262) (242,161) Deferred tax
(1,795,802) (1,720,041) (1,722,625)
Entitas Anak Subsidiaries
Pajak kini (163,487) (109,890) (41,892) Current tax
Pajak tangguhan 68,909 78 (41,354) Deferred tax
(94,578) (109,812) (83,246)
Konsolidasian Consolidated
Pajak kini (2,175,258) (512,669) (1,522,356) Current tax
Pajak tangguhan 284,878 (1,317,184) (283,515) Deferred tax
(1,890,380) (1,829,853) (1,805,871)
Rekonsiliasi antara laba sebelum pajak, seperti yang The reconciliation between income before tax, as
disajikan pada laba rugi, dengan beban pajak shown in profit or loss, with current income tax
penghasilan kini adalah: expense were as follows:
2025 2024 2023
Laba konsolidasian sebelum pajak 8,825,765 8,728,787 8,357,272 Consolidated income before tax
Laba sebelum pajak- Income before tax-
Entitas Anak (251,074) (483,080) (465,924) Subsidiaries
Laba sebelum pajak- Income before tax-
Bank CIMB Niaga 8,574,691 8,245,707 7,891,348 Bank CIMB Niaga
Perbedaan temporer Temporary differences
Perbedaan antara komersial Differences between commercial
dan fiskal pada: and fiscal amounts on:
Aset tetap, aset hak guna, dan liabilitas sewa 94,181 75,911 3,281 Fixed asset, right of used asset and lease liabilities
(Keuntungan)/kerugian yang belum
direalisasi atas perubahan Unrealised (gains)/losses from changes
nilai wajar efek-efek dan Obligasi in fair value of marketable securities
Pemerintah yang diukur pada nilai and government bonds measured at
wajar melalui laba rugi (376,779) 417,557 (103,518) at fair value through profit or loss
Beban cadangan kerugian
penurunan nilai 97,251 (5,825,492) (593,578) Allowance for impairment losses
Cadangan tunjangan bonus, Accrued bonus, vacation
T HR, dan tantiem 94,065 (61,726) 7,972 pay, and tantiem
Lain-lain 1,072,961 (593,801) (414,890) Others
981,679 (5,987,551) (1,100,733)
Perbedaan tetap Permanent differences
Perbedaan antara komersial Differences between commercial
dan fiskal pada: and fiscal amounts on:
Beban lain yang tidak dapat
diperhitungkan untuk tujuan Other non deductible
perpajakan 9,234 3,434 13,539 expense
Lain-lain (421,189) (430,773) (74,772) Others
(411,955) (427,339) (61,233)
Penghasilan kena pajak 9,144,415 1,830,817 6,729,382 Taxable income
Beban pajak penghasilan kini 2,011,771 402,779 1,480,464 Current income tax expense
Dikurangi: Less:
Pajak dibayar dimuka (1,667,815) (1,814,055) (1,736,097) Prepaid tax
Utang pajak penghasilan/ Corporate income tax payable/
(uang muka pajak penghasilan badan) (prepaid corporate income tax)
(lihat Catatan 30b/30a) 343,956 (1,411,276) (255,633) (refer to Note 30b/30a)
Halaman – 5/163 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 813
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
30. PAJAK PENGHASILAN (lanjutan) 30. INCOME TAX (continued)
c. Beban pajak penghasilan (lanjutan) c. Income tax expense (continued)
Penghasilan kena pajak hasil rekonsiliasi merupakan Taxable income results from reconciliation are the
dasar dalam pengisian Surat Pemberitahuan Tahunan basis in filing the Bank’s annual Tax Return (“SPT”)
(”SPT”) PPh Badan Bank. of Corporate Income Tax.
Dalam laporan keuangan konsolidasian ini, jumlah In these consolidated financial statements, the
penghasilan kena pajak Bank untuk tahun yang amount of Bank’s taxable income for the year ended
berakhir pada tanggal 31 Desember 2025 didasarkan 31 December 2025 is based on preliminary
atas perhitungan sementara, karena Bank belum calculations, as the Bank has not yet submitted its
menyampaikan Surat Pemberitahuan Tahunan pajak corporate income tax returns.
penghasilan badan.
Rekonsiliasi antara beban pajak penghasilan The reconciliations between consolidated income
konsolidasian dengan hasil perkalian laba akuntansi tax expense and the consolidated accounting profit
sebelum pajak penghasilan konsolidasian dan tarif before income tax multipled by the prevailing tax rate
pajak yang berlaku adalah sebagai berikut: is as follows:
2025 2024 2023
Laba konsolidasian sebelum pajak 8,825,765 8,728,787 8,357,272 Consolidated income before tax
Beban pajak penghasilan sesuai Income tax expense at effective
tarif pajak 1,941,668 1,920,333 1,838,600 tax rates
Pengaruh pajak atas perbedaan tetap: Tax effect of permanent differences:
Beban lain yang tidak dapat
diperhitungkan untuk tujuan
perpajakan 2,031 755 2,979 Other non deductible expense
Lain-lain (92,662) (94,770) (16,450) Others
Entitas Anak 39,343 3,535 (19,258) Subsidiaries
(51,288) (90,480) (32,729)
Jumlah beban pajak 1,890,380 1,829,853 1,805,871 Total tax expense
Pemerintah Indonesia, melalui Kementerian The Indonesian government, through the Ministry of
Keuangan, menerbitkan Peraturan Menteri Keuangan Finance, issued the Regulation of the Minister of
Republik Indonesia Nomor 136 Tahun 2024 (PMK- Finance of the Republic of Indonesia Number 136 of
136/2024) tentang Pengenaan Pajak Minimum Global 2024 (PMK-136/2024) regarding the Imposition of
Berdasarkan Kesepakatan Internasional sebagai Global Minimum Tax Based on International
dasar hukum implementasi OECD Pilar Dua di Agreements as the legal basis for the
Indonesia. Bank dan Entitas Anak berada dalam implementation of the OECD Pillar Two in Indonesia.
lingkup aturan model OECD Pilar Dua dan The Bank and its Subsidiaries is within the scope of
menerapkan pengecualian dalam pengakuan serta the OECD Pillar Two model rules and applied the
pengungkapan informasi mengenai aset dan liabilitas exception to recognizing and disclosing information
pajak tangguhan yang terkait dengan pajak about deferred tax assets and liabilities relating to
penghasilan Pilar Dua sejak 1 Januari 2025. Pillar Two income taxes from 1 January 2025.
Halaman – 5/164 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 814
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
30. PAJAK PENGHASILAN (lanjutan) 30. INCOME TAX (continued)
c. Beban pajak penghasilan (lanjutan) c. Income tax expense (continued)
Peraturan Pilar Dua telah disahkan atau secara Pillar Two legislation has been enacted or
substansial disahkan di beberapa yurisdiksi tempat substantially enacted in certain jurisdictions in which
Bank dan Entitas Anak beroperasi. Peraturan tersebut the Bank and its subsidiaries operates. The
mulai berlaku untuk tahun fiskal Bank dan Entitas legislation has become effective for the Bank and its
Anak yang berakhir setelah 31 Desember 2024. Bank subsidiaries’s financial year ended after
dan Entitas Anak termasuk dalam lingkup peraturan 31 December 2024. The Bank and its subsidiaries is
yang telah disahkan atau secara substansial disahkan in scope of the enacted or substantially enacted
dan telah melakukan penilaian terhadap potensi legislation and has performed an assessment of the
eksposur Bank dan Entitas Anak terhadap pajak Bank and its subsidiaries’s potential exposure to
penghasilan Pilar Dua melalui pengujian Transitional Pillar Two income taxes by applying the Transitional
Safe Harbour dengan metode tes Simplified Effective Safe Harbour through Simplified Effective Tax Rate
Tax Rate (“ETR”) untuk tahun fiskal yang berakhir (“ETR”) test for the fiscal year ended on
pada 31 Desember 2025. 31 December 2025.
Berdasarkan penilaian tersebut, tarif pajak efektif di Based on the assessment, the effective tax rates in
yurisdiksi tempat Bank dan Entitas Anak beroperasi the jurisdictions in which Bank and its Subsidiaries
berada di atas ambang batas 16%, oleh karena itu operates are above the threshold of 16%, hence the
Bank dan Entitas Anak tidak diwajibkan untuk company is not required to pay for additional income
membayar beban pajak penghasilan tambahan yang tax expense related to Pillar Two.
terkait dengan Pilar Dua.
d. Aset/(liabilitas) pajak tangguhan - bersih d. Deferred tax asset/(liabilities) - net
2025
(Dibebankan)/dikreditkan
ke pendapatan
Dikreditkan/ komprehensif lainnya/
(dibebankan) (Charged)/credited
ke laba/rugi/ to other
1 Januari/ Credited/(charged) comprehensive 31 Desember/
January to profit/loss income December
Bank CIMB Niaga Bank CIMB Niaga
Aset/(liabilitas) pajak tangguhan: Deferred tax assets/(liabilities):
Aset tetap (335,661) 22,027 14 (313,620) Fixed assets
Aset hak guna (115,303) (126,994) - (242,297) Right-of-use assets
Liabilitas sewa 116,776 125,687 - 242,463 Lease liabilities
Kerugian/(keuntungan) yang belum Unrealised losses/(gains) from
direalisasi atas perubahan nilai changes in fair value of
wajar efek-efek dan marketable securities
obligasi pemerintah - bersih 273,642 (82,891) (301,186) (110,435) and government bonds - net
Beban cadangan kerugian
penurunan nilai 433,741 91,795 - 525,536 Allowance for impairment losses
Cadangan tunjangan bonus, THR, Accrued bonus, vacation pay,
tantiem, dan kerugian aktuarial atas tantiem, and actuarial loss on post
program imbalan pasti 302,938 20,694 (12,264) 311,368 employment benefits obligation
Lain-lain (565,969) 236,051 - (329,918) Others
Jumlah aset/(liabilitas) pajak tangguhan - bersih 110,164 286,369 (313,436) 83,097 Total deferred tax assets/(liabilities)- net
Entitas Anak Subsidiaries
Jumlah aset pajak tangguhan - bersih 7,825 68,909 (3,077) 73,657 Total deferred tax assets - net
117,989 355,278 (316,513) 156,754
Halaman – 5/165 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 815
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
30. PAJAK PENGHASILAN (lanjutan) 30. INCOME TAX (continued)
d. Aset/(liabilitas) pajak tangguhan - bersih (lanjutan) d. Deferred tax asset/(liabilities) - net (continued)
2024
(Dibebankan)/dikreditkan
ke pendapatan
Dikreditkan/ komprehensif lainnya/
(dibebankan) (Charged)/credited
ke laba/rugi/ to other
1 Januari/ Credited/(charged) comprehensive 31 Desember/
January to profit/loss income December
Bank CIMB Niaga Bank CIMB Niaga
Aset/(liabilitas) pajak tangguhan: Deferred tax assets/(liabilities):
Aset tetap (352,050) 16,359 30 (335,661) Fixed assets
Aset hak guna (24,464) (90,839) - (115,303) Right-of-use assets
Liabilitas sewa 25,596 91,180 - 116,776 Lease liabilities
Kerugian/(keuntungan) yang belum Unrealised losses/(gains) from
direalisasi atas perubahan nilai changes in fair value of
wajar efek-efek dan marketable securities
obligasi pemerintah - bersih 127,218 91,863 54,561 273,642 and government bonds - net
Beban cadangan kerugian
penurunan nilai 1,715,349 (1,281,608) - 433,741 Allowance for impairment losses
Cadangan tunjangan bonus, THR, Accrued bonus, vacation pay,
tantiem, dan kerugian aktuarial atas tantiem, and actuarial loss on post
program imbalan pasti 312,151 (13,580) 4,367 302,938 employment benefits obligation
Lain-lain (435,332) (130,637) - (565,969) Others
Jumlah aset/(liabilitas) pajak tangguhan - bersih 1,368,468 (1,317,262) 58,958 110,164 Total deferred tax assets/(liabilities)- net
Entitas Anak Subsidiaries
Jumlah aset pajak tangguhan - bersih 9,191 78 (1,444) 7,825 Total deferred tax assets - net
1,377,659 (1,317,184) 57,514 117,989
2023
(Dibebankan)/dikreditkan
ke pendapatan
Dikreditkan/ komprehensif lainnya/
(dibebankan) (Charged)/credited
ke laba/rugi/ to other
1 Januari/ Credited/(charged) comprehensive 31 Desember/
January to profit/loss income December
Bank CIMB Niaga Bank CIMB Niaga
Aset/(liabilitas) pajak tangguhan: Deferred tax assets/(liabilities):
Aset tetap (352,804) 754 - (352,050) Fixed assets
Aset hak guna (52,034) 27,570 - (24,464) Right-of-use assets
Liabilitas sewa 53,198 (27,602) - 25,596 Lease liabilities
Kerugian/(keuntungan) yang belum Unrealised losses/(gains) from
direalisasi atas perubahan nilai changes in fair value of
wajar efek-efek dan marketable securities
obligasi pemerintah - bersih 179,594 (22,774) (29,602) 127,218 and government bonds - net
Beban cadangan kerugian
penurunan nilai 1,845,936 (130,587) - 1,715,349 Allowance for impairment losses
Cadangan tunjangan bonus, THR, Accrued bonus, vacation pay,
tantiem, dan kerugian aktuarial atas tantiem, and actuarial loss on post
program imbalan pasti 304,269 1,754 6,128 312,151 employment benefits obligation
Lain-lain (344,056) (91,276) - (435,332) Others
Jumlah aset/(liabilitas) pajak tangguhan - bersih 1,634,103 (242,161) (23,474) 1,368,468 Total deferred tax assets/(liabilities)- net
Entitas Anak Subsidiaries
Jumlah aset pajak tangguhan - bersih 51,697 (41,354) (1,152) 9,191 Total deferred tax assets - net
1,685,800 (283,515) (24,626) 1,377,659
Halaman – 5/166 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 816
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
30. PAJAK PENGHASILAN (lanjutan) 30. INCOME TAX (continued)
d. Aset/(liabilitas) pajak tangguhan – bersih (lanjutan) d. Deferred tax asset/(liabilities) – net (continued)
Sesuai dengan ketentuan peralihan dalam Peraturan Based on the transitional provisions in the Regulation
Menteri Keuangan Republik Indonesia Nomor 74 of the Minister of Finance of the Republic of Indonesia
Tahun 2024 (“PMK-74 Tahun 2024”), Bank telah Number 74 of 2024 (“MoF-74 of year 2024”), Bank has
melakukan perhitungan nilai tercatat cadangan calculated the beginning balance of allowance for
piutang tak tertagih untuk awal Tahun Pajak 2024 impairment lossess for Fiscal Year 2024 in accordance
sesuai dengan ketentuan yang diatur dalam PMK-74 with the provision of MoF-74 of year 2024. Based on
Tahun 2024. Berdasarkan perhitungan tersebut, the calculation, the beginning balance of allowance for
terdapat selisih lebih antara nilai tercatat cadangan impairment lossess for Fiscal Year 2024 that is
piutang tak tertagih pada awal Tahun Pajak 2024 yang calculated based on MoF-74 of year 2024 is higher
dihitung berdasarkan PMK-74 Tahun 2024 dengan than the beginning balance of allowance for
nilai tercatat cadangan piutang tak tertagih pada awal impairment lossess for Fiscal Year 2024 that is
Tahun Pajak 2024 yang dihitung berdasarkan calculated based on the Regulation of the Minister of
Peraturan Menteri Keuangan Republik Indonesia Finance of the Republic of Indonesia Number 81 of
Nomor 81 Tahun 2009 (“PMK-81 Tahun 2009”) 2009 (“MoF-81 of year 2009”), the excess is amounting
sebesar Rp 5.802.168. Selisih lebih akan diakui to Rp 5,802,168. The excess will be treated as full
sebagai biaya yang dibebankan seluruhnya untuk deductible expense in Fiscal Year 2024. In relation to
Tahun Pajak 2024. Terkait dengan hal tersebut, aset that, Bank utilized deferred tax assets amounting to
pajak tangguhan yang akan dimanfaatkan Bank pada Rp 1,276,477 in the Fiscal Year 2024.
Tahun Pajak 2024 sebesar Rp 1.276.477.
e. Administrasi e. Administration
Berdasarkan Undang-Undang Perpajakan yang Under the applicable Taxation Laws in Indonesia, the
berlaku di Indonesia, Perusahaan menghitung, Company calculates, determines, and submits tax
menetapkan, dan membayar sendiri besarnya jumlah returns on the basis of self-assessment. The
pajak yang terhutang. Direktorat Jenderal Pajak Directorate General of Tax (“DGT”) may assess or
(“DJP”) dapat menetapkan atau mengubah liabilitas amend taxes within 5 (five) years after the taxes
pajak dalam batas waktu 5 (lima) tahun sejak saat become due.
terhutangnya pajak.
Halaman – 5/167 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 817
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
30. PAJAK PENGHASILAN (lanjutan) 30. INCOME TAX (continued)
f. Pemeriksaan pajak f. Tax assessment
Bank CIMB Niaga Bank CIMB Niaga
Proses sengketa dan banding/The process of the dispute and appeal
Jumlah yang masih tercatat
sebagai uang muka pajak
Tahun
Jenis pajak/ pada tanggal 31 Desember Status terakhir per tanggal 31 Desember 2025/The
fiskal/
Tax type 2025/Amount that still latest status as of 31 December 2025
Fiscal year
recorded as prepaid taxes as
of 31 December 2025
2023 Pajak Penghasilan Badan/Corporate Income 61,385 Masih dalam proses keberatan di kantor wilayah/Still in
Tax the objection process at the tax office
Pajak Penghasilan Pasal 26/Witholding Tax 621 Masih dalam proses keberatan di kantor wilayah/Still in
Art. 26 the objection process at the tax office
Pajak Pertambahan Nilai/Value Added Tax 160 Masih dalam proses keberatan di kantor wilayah/Still in
the objection process at the tax office
62,166
2020 Pajak Penghasilan Badan/Corporate Income 73,126 Masih dalam proses keberatan di kantor wilayah/Still in
Tax the objection process at the tax office
Pajak Pertambahan Nilai/Value Added Tax 942 Masih dalam proses keberatan di kantor wilayah/Still in
the objection process at the tax office
74,068
2019 Pajak Penghasilan Badan/Corporate Income 173,732 Masih dalam proses banding di Pengadilan Pajak/Still in
Tax the appeal process at the tax court
Pajak Pertambahan Nilai/Value Added Tax 21,288 Masih dalam proses banding di Pengadilan Pajak/Still in
the appeal process at the tax court
195,020
2018 Pajak Penghasilan Badan/Corporate Income 156,151 Masih dalam proses banding di Pengadilan Pajak/Still in
Tax the appeal process at the tax court
Pajak Pertambahan Nilai/Value Added Tax 98 Masih dalam proses banding di Pengadilan Pajak/Still in
the appeal process at the tax court
156,249
2017 Pajak Penghasilan Badan/Corporate Income 102,701 Masih dalam proses banding di Pengadilan Pajak/Still in
Tax the appeal process at the tax court
2016 Pajak Penghasilan Badan/Corporate Income 380,201 Masih dalam proses peninjauan kembali di Mahkamah
Tax Agung/Still in judicial review process at the Supreme
Court
2014 Pajak Penghasilan Badan/Corporate Income 431,658 Masih dalam proses peninjauan kembali di Mahkamah
Tax Agung/Still in judicial review process at the Supreme
Court
2013 Pajak Penghasilan Badan/Corporate Income 78,427 Masih dalam proses peninjauan kembali di Mahkamah
Tax Agung/Still in judicial review process at the Supreme
Court
Lain-lain/Others *) 1,411,276
Jumlah/Total 2,891,766
*) Lebih bayar Pajak Penghasilan Badan untuk tahun yang berakhir Overpayment Corporate Income Tax for the year ended *)
31 Desember 2024 31 December 2024
Halaman – 5/168 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 818
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
30. PAJAK PENGHASILAN (lanjutan) 30. INCOME TAX (continued)
f. Pemeriksaan pajak (lanjutan) f. Tax assessment (continued)
Entitas Anak Subsidiaries
Proses sengketa dan banding/The process of the dispute and appeal
Jumlah yang masih tercatat
sebagai uang muka pajak
pada tanggal 31 Desember
Tahun 2025/Amount that still
fiskal/ Jenis pajak/ recorded as prepaid taxes Status terakhir per tanggal 31 Desember
Fiscal year Tax type as of 31 December 2025 2025/The latest status as of 31 December 2025
2020 Pajak penghasilan badan/Corporate 12,504 Masih dalam proses banding di Pengadilan Pajak/Still
income tax in the process appeal in the Tax Court
Pajak penghasilan Pasal 4(2) dan 794 Masih dalam proses banding di Pengadilan Pajak/Still
Pasal 23/Income tax Article 4(2) in the process appeal in the Tax Court
and Article 23
Pajak Pertambahan Nilai/Value 13,768 Masih dalam proses banding di Pengadilan Pajak/Still
Added Tax in the process appeal in the Tax Court
27,066
2019 Pajak penghasilan badan/Corporate 33,316 Masih dalam proses keberatan di kantor wilayah/Still
income tax in the process of objection in the tax office
Pajak penghasilan Pasal 26/Income 34 Masih dalam proses keberatan di kantor wilayah/Still
tax Article 26 in the process of objection in the tax office
Pajak Pertambahan Nilai/Value 3,559 Masih dalam proses keberatan di kantor wilayah/Still
Added Tax in the process of objection in the tax office
36,909
2016 Pajak penghasilan badan/Corporate 43,394 Sudah menang di Pengadilan Pajak dan dalam proses
income tax pengembalian dana dari Direktorat Jenderal
Pajak/Won in the Tax Court and still in the process of
refund from the Directorate General of Taxes
Pajak Pertambahan Nilai/Value 29 Sudah menang di Pengadilan Pajak dan dalam proses
Added Tax pengembalian dana dari Direktorat Jenderal
Pajak/Won in the Tax Court and still in the process of
refund from the Directorate General of Taxes
43,423
2015 Pajak penghasilan badan/Corporate 29,605 Sudah menang di Pengadilan Pajak dan dalam proses
income tax pengembalian dana dari Direktorat Jenderal
Pajak/Won in the Tax Court and still in the process of
refund from the Directorate General of Taxes
2014 Pajak Pertambahan Nilai/Value 730 Menang di Mahkamah Agung dan dalam proses
Added Tax pengembalian dana dari Direktorat Jenderal
Pajak/Won in the Supreme Court and still in the
process of refund from the Directorate General of
Taxes
Halaman – 5/169 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 819
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
30. PAJAK PENGHASILAN (lanjutan) 30. INCOME TAX (continued)
f. Pemeriksaan pajak (lanjutan) f. Tax assessment (continued)
Entitas Anak (lanjutan) Subsidiaries (continued)
Proses sengketa dan banding/The process of the dispute and appeal
Jumlah yang masih tercatat
sebagai uang muka pajak
pada tanggal 31 Desember
Tahun 2025/Amount that still
fiskal/ Jenis pajak/ recorded as prepaid taxes Status terakhir per tanggal 31 Desember
Fiscal year Tax type as of 31 December 2025 2025/The latest status as of 31 December 2025
2013 Pajak penghasilan badan/Corporate 1,492 Sudah menang di Pengadilan Pajak dan belum ada
income tax tanggapan lebih lanjut dari Direktorat Jenderal
Pajak/Already won in Tax Court and there has been
no further response from the Directorate General of
Taxes
Pajak penghasilan Pasal 23/Income 263 Masih dalam proses banding di Pengadilan Pajak/Still
tax Article 23 in the process appeal in the Tax Court
Pajak Pertambahan Nilai/Value 2,464 Menang di Mahkamah Agung dan dalam proses
Added Tax pengembalian dana dari Direktorat Jenderal
Pajak/Won in the Supreme Court and still in the
process of refund from the Directorate General of
Taxes
4,219
2012 Pajak penghasilan badan/Corporate 5,728 Menang di Mahkamah Agung dan dalam proses
income tax pengembalian dana dari Direktorat Jenderal
Pajak/Won in the Supreme Court and still in the
process of refund from the Directorate General of
Taxes
Pajak Pertambahan Nilai/Value 6,688 Menang di Mahkamah Agung dan dalam proses
Added Tax pengembalian dana dari Direktorat Jenderal
Pajak/Won in the Supreme Court and still in the
process of refund from the Directorate General of
Taxes
12,416
2011 Pajak penghasilan badan/Corporate 3,748 Menang di Mahkamah Agung dan dalam proses
income tax pengembalian dana dari Direktorat Jenderal
Pajak/Won in the Supreme Court and still in the
process of refund from the Directorate General of
Taxes
Pajak Pertambahan Nilai/Value 5,470 Menang di Mahkamah Agung dan dalam proses
Added Tax pengembalian dana dari Direktorat Jenderal
Pajak/Won in the Supreme Court and still in the
process of refund from the Directorate General of
Taxes
9,218
2010 Pajak penghasilan badan/Corporate 3,568 Menang di Mahkamah Agung dan dalam proses
income tax pengembalian dana dari Direktorat Jenderal
Pajak/Won in the Supreme Court and still in the
process of refund from the Directorate General of
Taxes
Lain-lain/Others *) 1,963
Jumlah/Total 169,117
*) Lain-lain merupakan kasus pajak yang masih dalam proses keberatan Others are tax cases that still in the objection process *)
Halaman – 5/170 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 820
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
31. BEBAN YANG MASIH HARUS DIBAYAR DAN 31. ACCRUALS AND OTHER LIABILITIES
LIABILITAS LAIN-LAIN
a. Beban yang masih harus dibayar a. Accruals
2025 2024 2023
Beban yang masih harus dibayar 1,989,975 2,167,901 3,032,956 Accrued expenses
Bunga yang masih harus dibayar 221,974 252,630 279,572 Accrued interest
2,211,949 2,420,531 3,312,528
Beban yang masih harus dibayar terutama terdiri dari Accrued expenses mainly consist of accrued expenses
beban pihak ketiga yang masih harus dibayar dan from third party and commission that need to be paid.
komisi yang harus dibayar.
Informasi mengenai beban yang masih harus dibayar Information in respect to accrued expenses and
dan bunga yang masih harus dibayar diungkapkan Accrued interest are disclosed in Note 59
dalam Catatan 59
Beban yang masih harus dibayar dengan pihak Accruals with related parties are disclosed in Note 48.
berelasi diungkapkan pada Catatan 48.
b. Liabilitas lain-lain b. Other liabilities
2025 2024 2023
Komisi diterima dimuka 4,578,293 4,295,508 4,998,097 Unearned commission
Setoran jaminan 500,038 235,497 229,845 Security deposits
Structured product tidak terproteksi 402,633 721,121 303,104 Unprotected structured product
Liabilitas sewa 126,346 179,471 89,328 Lease liabilities
Cadangan kerugian penurunan nilai Allowance for impairment losses of
komitmen dan kontinjensi 120,229 181,050 387,368 commitments and contingencies
*) *)
Lain-lain 575,697 754,666 1,721,292 Others
6,303,236 6,367,313 7,729,034
*) Termasuk simpanan berjangka Devisa Hasil Ekspor ("DHE") dan porsi kepentingan Including DHE valas time deposits and the portion of non-controlling *)
non-pengendali atas penempatan pada reksa dana yang dikonsolidasikan interest from the placement in mutual fund with consolidated
Liabilitas lain-lain dengan pihak berelasi diungkapkan Other liabilities with related parties are disclosed in
dalam Catatan 48. Note 48.
Informasi mengenai tingkat jatuh tempo diungkapkan Information in respect to maturity is disclosed in
pada Catatan 55. Note 55.
Halaman – 5/171 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 821
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
32. PINJAMAN SUBORDINASI 32. SUBORDINATED LOANS
2025 2024 2023
Obligasi subordinasi Subordinated bonds
Rupiah Rupiah
Nilai nominal - 75,000 158,000 Par value
Dikurangi: Less:
Biaya emisi yang belum diamortisasi - (486) (2,381) Unamortised issuance cost
- 74,514 155,619
y
Informasi mengenai tingkat suku bunga dan jatuh tempo Information in respect to interest rates and maturity is
diungkapkan pada catatan 53 dan 55. disclosed in Notes 53 and 55.
Berikut adalah rincian obligasi subordinasi pada tanggal Below is the detail of subordinated bonds as at
31 Desember 2025, 2024, dan 2023: 31 December 2025, 2024, and 2023:
31 31 Tanggal jatuh Opsi
Desember/ Desember/ Tercatat/ tempo/ Pelunasan/ Tingkat bunga/
2025 2024 2023 Listed Due date Call option Interest rate
Obligasi Subordinasi Bursa Efek
III Tahun 2018 Seri B/ Indonesia/ 15 November/
Subordinated Bonds III Indonesia Stock November N/A 10% per tahun/per annum
Year 2018 Series B - 75,000 75,000 Exchange 2025
Obligasi Subordinasi berkelanjutan I Bursa Efek
Tahun 2019 Seri A/ Indonesia/ 19 Desember/
Continuous Subordinated Bonds I Indonesia Stock December N/A 8.05% per tahun/per annum
Year 2019 Series A - - 83,000 Exchange 2024
- 75,000 158,000
Dikurangi/Less :
Biaya emisi
yang belum
diamortisasi/
Unamortised
issuance cost - (486) (2,381)
Nilai tercatat/
Carrying value - 74,514 155,619
Pada tanggal 15 November 2018, Bank CIMB Niaga As at 15 November 2018, Bank CIMB Niaga issued
menerbitkan Obligasi Subordinasi III Tahun 2018 Seri B Subordinated Bonds III Year 2018 series B amounting to
sebesar Rp 75.000. Penerbitan obligasi ini telah disetujui Rp 75,000. This issuance has been approved by OJK
oleh OJK Pengawas Perbankan melalui Surat Pengawas Perbankan through its Letter
No. S-89/PB.33/2018 tanggal 26 Juli 2018 dan No. S-89/PB.33/2018 dated 26 July 2018 and has
mendapatkan pernyataan efektif dari OJK Pengawas obtained notice of effectivity from OJK Pengawas Pasar
Pasar Modal melalui Surat No. S-158/D.04/2018 tanggal Modal through its Letter No. S-158/D.04/2018 dated
8 November 2018. 8 November 2018.
Pada tanggal 19 Desember 2019, Bank CIMB Niaga As at 19 December 2019, Bank CIMB Niaga issued
menerbitkan Obligasi Subordinasi Berkelanjutan I Tahun Continuous Subordinated Bonds I Year 2019 Series A
2019 Seri A sebesar Rp 83.000. Penerbitan obligasi ini amounting to Rp 83,000. This issuance has been
telah disetujui oleh OJK Pengawas Perbankan melalui approved by OJK Pengawas Perbankan through its Letter
Surat No. S-51/PB.33/2019 tanggal 21 Oktober 2019 dan No. S-51/PB.33/2019 dated 21 October 2019 and has
mendapatkan pernyataan efektif dari OJK Pengawas obtained notice of effectivity from OJK Pengawas Pasar
Pasar Modal melalui Surat No. S-194/D.04/2019 tanggal Modal through its Letter No. S-194/D.04/2019 dated
12 Desember 2019. 12 December 2019.
Halaman – 5/172 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 822
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
32. PINJAMAN SUBORDINASI (lanjutan) 32. SUBORDINATED LOANS (continued)
Bank CIMB Niaga telah melakukan pembayaran pokok Bank CIMB Niaga has paid principal and interest on
dan bunga secara tepat waktu dan sesuai dengan jumlah schedule and in accordance with the amount agreed.
yang diperjanjikan.
Transaksi lindung nilai Hedge transactions
Tidak terdapat transaksi lindung nilai pada tanggal There was no hedging transaction as at
31 Desember 2025, 2024, dan 2023. 31 December 2025, 2024, and 2023.
Perhitungan Kewajiban Penyediaan Modal Minimum Capital Adequacy Ratio calculation (“CAR”)
(“KPMM”)
Pada tanggal 15 Desember 2018, melalui Surat dari OJK On 15 December 2018, based on Letter from OJK
Pengawas Perbankan No. S-89/PB.33/2018, Bank CIMB Pengawas Perbankan No. S-89/PB.33/2018, OJK
Niaga telah memperoleh persetujuan dari OJK Pengawas Pengawas Perbankan had given an approval to Bank
Perbankan untuk memperhitungkan Obligasi Subordinasi CIMB Niaga to include the Subordinated Bonds III
III Tahun 2018 Seri B sebesar Rp 75.000 sebagai Year 2018 Series B of Rp 75,000 as component of
komponen modal pelengkap tier 2 dalam perhitungan rasio supplementary capital tier 2 in CAR calculation.
KPMM.
Pada tanggal 14 Februari 2020, melalui Surat dari OJK On 14 February 2020, based on Letter from OJK
Pengawas Perbankan No. S-07/PB.33/2020, Bank CIMB Pengawas Perbankan No. S-07/PB.33/2020, OJK
Niaga telah memperoleh persetujuan dari OJK Pengawas Pengawas Perbankan had given an approval to Bank
Perbankan untuk memperhitungkan Obligasi Subordinasi CIMB Niaga to include the Continuous Subordinated
Berkelanjutan I Tahun 2019 Seri A sebesar Rp 83.000 Bonds I Year 2019 Series A of Rp 83,000 as component of
sebagai komponen modal pelengkap tier 2 dalam supplementary capital tier 2 in CAR calculation.
perhitungan rasio KPMM.
Peringkat obligasi subordinasi Subordinated bonds ratings
Peringkat obligasi subordinasi ini berdasarkan credit rating The ratings for the subordinated bonds based on credit
PT Pefindo pada tanggal 31 Desember 2025 adalah nihil rating PT Pefindo at 31 December 2025 is nil
(2024 dan 2023: idAA). (2024 and 2023: idAA).
Tidak terdapat pembatasan-pembatasan yang diwajibkan There were no negative covenants in the subordinated
dalam perjanjian obligasi subordinasi. bonds agreements.
Berdasarkan transaksi dengan pihak berelasi By transactions with related party
Obligasi subordinasi dengan pihak berelasi diungkapkan Subordinated bonds transactions with related party are
dalam Catatan 48. disclosed in Note 48.
Halaman – 5/173 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 823
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
33. MODAL SAHAM, TAMBAHAN MODAL DISETOR, DAN 33. SHARE CAPITAL, ADDITIONAL PAID-IN CAPITAL,
SAHAM TRESURI TREASURY SHARES
Modal Saham Share Capital
Susunan pemegang saham pada tanggal The shareholders composition as of 31 December 2025,
31 Desember 2025, 2024, dan 2023 adalah: 2024, and 2023 were as follows:
2025
Jumlah
lembar saham
ditempatkan dan
disetor penuh/ Persentase
Number of kepemilikan/ Jumlah
shares issued Percentage dalam Rupiah/
Pemegang saham and fully paid of ownership Amount in Rupiah Shareholders
Saham biasa kelas A Class A ordinary share
Pemegang saham lainnya Other shareholders
(kepemilikan di bawah 5%) 71,853,936 0.29% 359,270 (ownership interest below 5%)
Saham biasa kelas B Class B ordinary share
CIMB Group Sdn Bhd, Malaysia 22,991,336,581 91.44% 1,149,567 CIMB Group Sdn Bhd, Malaysia
Pemegang saham lainnya . Other shareholders
(kepemilikan di bawah 5%) 2,077,328,526 8.26% 103,866 (ownership interest below 5%)
Jumlah modal saham ditempatkan dan Total shares capital issued and
disetor penuh dan fully paid and
tidak termasuk saham tresuri 25,140,519,043 99.99% 1,612,703 exclude treasury shares
Saham tresuri 1,686,800 0.01% 84 Treasury shares
Jumlah seluruh modal saham Total shares capital issued
ditempatkan dan disetor penuh and fully paid
termasuk dengan saham tresuri 25,142,205,843 100.00% 1,612,787 include treasury shares
2024
Jumlah
lembar saham
ditempatkan dan
disetor penuh/ Persentase
Number of kepemilikan/ Jumlah
shares issued Percentage dalam Rupiah/
Pemegang saham and fully paid of ownership Amount in Rupiah Shareholders
Saham biasa kelas A Class A ordinary share
Pemegang saham lainnya Other shareholders
(kepemilikan di bawah 5%) 71,853,936 0.29% 359,270 (ownership interest below 5%)
Saham biasa kelas B Class B ordinary share
CIMB Group Sdn Bhd, Malaysia 22,991,336,581 91.44% 1,149,567 CIMB Group Sdn Bhd, Malaysia
Pemegang saham lainnya . Other shareholders
(kepemilikan di bawah 5%) 2,074,775,026 8.25% 103,739 (ownership interest below 5%)
Jumlah modal saham ditempatkan dan Total shares capital issued and
disetor penuh dan fully paid and
tidak termasuk saham tresuri 25,137,965,543 99.98% 1,612,576 exclude treasury shares
Saham tresuri 4,240,300 0.02% 211 Treasury shares
Jumlah seluruh modal saham Total shares capital issued
ditempatkan dan disetor penuh and fully paid
termasuk dengan saham tresuri 25,142,205,843 100.00% 1,612,787 include treasury shares
Halaman – 5/174 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 824
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
33. MODAL SAHAM, TAMBAHAN MODAL DISETOR, DAN 33. SHARE CAPITAL, ADDITIONAL PAID-IN CAPITAL,
SAHAM TRESURI (lanjutan) TREASURY SHARES (continued)
Modal Saham (lanjutan) Share Capital (continued)
2023
Jumlah
lembar saham
ditempatkan dan
disetor penuh/ Persentase
Number of kepemilikan/ Jumlah
shares issued Percentage dalam Rupiah/
Pemegang saham and fully paid of ownership Amount in Rupiah Shareholders
Saham biasa kelas A Class A ordinary share
Pemegang saham lainnya Other shareholders
(kepemilikan di bawah 5%) 71,853,936 0.29% 359,270 (ownership interest below 5%)
Saham biasa kelas B Class B ordinary share
CIMB Group Sdn Bhd, Malaysia 22,991,336,581 91.48% 1,149,567 CIMB Group Sdn Bhd, Malaysia
Pemegang saham lainnya . Other shareholders
(kepemilikan di bawah 5%) 1,961,248,644 7.80% 98,062 (ownership interest below 5%)
Jumlah modal saham ditempatkan dan Total shares capital issued and
disetor penuh dan fully paid and
tidak termasuk saham tresuri 25,024,439,161 99.57% 1,606,899 exclude treasury shares
Saham tresuri 107,167,682 0.43% 5,358 Treasury shares
Jumlah seluruh modal saham Total shares capital issued
ditempatkan dan disetor penuh and fully paid
termasuk dengan saham tresuri 25,131,606,843 100.00% 1,612,257 include treasury shares
Saham biasa kelas A dan saham biasa kelas B adalah Class A and class B ordinary shares are ordinary shares
saham biasa yang memiliki hak yang sama. that have the same rights.
Pada tanggal 31 Januari 2024, sesuai dengan persetujuan As at 31 January 2024, in accordance with the approval of
dari Pemegang Saham Independen Bank pada Rapat the Bank’s Independent Shareholders at the Bank’s
Umum Pemegang Saham Luar Biasa (“RUPSLB”) Bank Extraordinary General Meeting of Shareholders ("EGMS")
tanggal 11 Januari 2024, Bank CIMB Niaga melaksanakan on 11 January 2024, Bank CIMB Niaga conducted a Capital
Penambahan Modal Tanpa Memberikan Hak Memesan Increase without Pre-emptive Rights/Non
Efek Terlebih Dahulu (“PMTHMETD”) sebanyak Pre-Emptive Right Issue (“NPR”) of 10,599,000 (full
10.599.000 (nilai penuh) lembar saham. Seluruh dana hasil amount) shares. All proceeds of the NPR are used to
pelaksanaan PMTHMETD tersebut digunakan untuk finance business expansion in the form of lending to all of
pembiayaan ekspansi kegiatan usaha dalam bentuk the Bank's business segments, including the Consumer,
penyaluran kredit di seluruh segmen bisnis Bank, Corporate, Commercial, and SME segment, both
diantaranya termasuk segmen Konsumer, Korporat, conventional banking and sharia banking, but excluding
Komersial, dan UKM baik perbankan konvensional Subsidiaries.
maupun perbankan syariah, namun tidak termasuk
Perusahaan Anak.
Penambahan Modal Tanpa Memberikan Hak Memesan The Non Pre-Emptive Right Issue (“NPR”) has received the
Efek Terlebih Dahulu (“PMTHMETD”) tersebut telah Additional Share Listing Approval letter from PT Bursa Efek
mendapatkan surat Persetujuan Pencatatan Saham Indonesia No.S01142/BEI.PP1/01-2024 dated
Tambahan dari PT Bursa Efek Indonesia 30 January 2024.
No.S-01142/BEI.PP1/01-2024 tanggal 30 Januari 2024.
Halaman – 5/175 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 825
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
33. MODAL SAHAM, TAMBAHAN MODAL DISETOR, DAN 33. SHARE CAPITAL, ADDITIONAL PAID-IN CAPITAL,
SAHAM TRESURI (lanjutan) TREASURY SHARES (continued)
Modal Saham (lanjutan) Share Capital (continued)
Jumlah saham yang beredar dan disetor penuh yang The total number of shares issued and fully paid owned by
dimiliki oleh Dewan Komisaris dan Dewan Direksi adalah: Board of Commissioners and Board of Directors were as
follows:
2025 2024 2023
Dewan Komisaris Board of Commissioners
Ibu Vera Handajani 1,055,401 1,055,401 1,009,401 Mrs. Vera Handajani
Dewan Direksi Board of Directors
Ibu Lani Darmawan 1,826,901 1,511,501 1,156,601 Mrs. Lani Darmawan
Bpk. John Simon 1,154,201 973,301 747,501 Mr. John Simon
Ibu Fransiska Oei 1,088,901 947,001 774,401 Mrs. Fransiska Oei
Bpk. Rusly Johannes 974,201 813,001 635,501 Mr. Rusly Johannes
Bpk. Pandji P Djajanegara* 850,726 732,826 594,426 Mr. Pandji P. Djajanegara*
Bpk. Lee Kai Kwong 832,400 664,000 465,700 Mr. Lee Kai Kwong
Bpk. Joni Raini 365,001 244,901 128,801 Mr. Joni Raini
Bpk. Henky Sulistyo 243,700 145,600 51,600 Mr. Henky Sulistyo
Bpk. Noviady Wahyudi 114,900 55,400 - Mr. Noviady Wahyudi
Ibu Tjioe Mei Tjuen** - 335,900 163,300 Mrs. Tjioe Mei Tjuen**
* Pengunduran diri telah disetujui RUPS Luar Biasa tanggal 26 Juni 2025 dan akan The resignation has been approved by the Extraordinary GMS on 26 June 2025 *
efektif sejak berlakuny a Tanggal Efektif Pemisahan Unit Usaha Sy ariah and will be effective from the Effective Date of the Spin-Off of the Sharia
PT Bank CIMB Niaga Tbk Business Unit of PT Bank CIMB Niaga Tbk
** Mengundurkan diri efektif per 14 April 2025 Effective resigned on 14 April 2025 **
CIMB Group Sdn Bhd, Malaysia seluruhnya dimiliki oleh CIMB Group Sdn Bhd, Malaysia is wholly owned by CIMB
CIMB Group Holdings Berhad, Malaysia. Pemegang Group Holdings Berhad, Malaysia. The ultimate
saham akhir CIMB Group Holdings Berhad pada tanggal shareholders of CIMB Group Holdings Berhad as at
31 Desember 2025, 2024, dan 2023 adalah: 31 December 2025, 2024, and 2023 were as follows:
Persentase kepemilikan/
Pemegang saham Percentage of ownership Shareholders
2025 2024 2023
Khazanah Nasional Berhad 21.42% 21.54% 23.00% Khazanah Nasional Berhad
Employee Provident Fund 18.29% 16.53% 13.80% Employee Provident Fund
Lain-lain dan Masyarakat 60.29% 61.93% 63.20% Others and Public
100.00% 100.00% 100.00%
Khazanah Nasional Berhad adalah entitas yang dimiliki Khazanah Nasional Berhad is an entity owned by the
oleh Pemerintah Malaysia. Government of Malaysia.
Halaman – 5/176 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 826
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
33. MODAL SAHAM, TAMBAHAN MODAL DISETOR, DAN 33. SHARE CAPITAL, ADDITIONAL PAID-IN CAPITAL,
SAHAM TRESURI (lanjutan) TREASURY SHARES (continued)
Saham Tresuri Treasury Shares
Pembelian saham tresuri akan digunakan sebagai Purchase of treasury shares will be used to provide variable
pemberian remunerasi yang bersifat variabel dalam bentuk remuneration in the form of shares or share-based
saham atau instrumen yang berbasis saham. Pemberian instruments. The remuneration in the form of shares is
remunerasi berbentuk saham tersebut dilakukan dengan carried out in 2 schemes, which are: Management
2 skema yaitu: Management Employee Stock Option Employee Stock Option Programme (“MESOP”) and
Programme (“MESOP”) dan Material Risk Takers (“MRT”). Material Risk Takers (“MRT”).
Management Employee Stock Option Programme Management Employee Stock Option Programme
(“MESOP”) (“MESOP”)
Pada tanggal 27 Juli 2017, Bank CIMB Niaga telah On 27 July 2017, Bank CIMB Niaga has obtained the OJK
mendapatkan persetujuan OJK melalui surat approval through letter No.S-63/PB.33/2017 dated
No.S-63/PB.33/2017 tanggal 25 Juli 2017, untuk membeli 25 July 2017, to buy back its shares in a maximum of 2%
sahamnya kembali sejumlah maksimal 2% dari jumlah of the total issued and fully paid shares which will then be
saham yang telah dikeluarkan dan disetor penuh yang used as a MESOP which was effective in 2018.
selanjutnya akan digunakan sebagai Program Kepemilikan
Saham (“MESOP”) yang efektif di tahun 2018.
Pada 31 Desember 2025, tidak terdapat sisa saham tresuri As at 31 December 2025, there is no remaining treasury
yang tidak dieksekusi dalam program MESOP tersebut. shares that are not executed in the MESOP programme.
Bank CIMB Niaga telah mengalihkan seluruh sisa saham Bank CIMB Niaga has released all treasury shares on the
tresuri tersebut melalui bursa sesuai dengan ketentuan stock exchange in accordance with applicable regulations
yang berlaku sebanyak 100.148.782 (nilai penuh) lembar which are 100,148,782 (full amount) shares as at ended
saham pada tahun yang berakhir 31 Desember 2024 31 December 2024 (2023: 88,730,000 (full amount)
(2023: 88.730.000 (nilai penuh) lembar saham). shares).
Material Risk Taker (“MRT”) Material Risk Taker (“MRT”)
Sesuai dengan POJK No. 45/POJK.03/2015 tanggal In accordance with POJK No. 45/POJK.03/2015 dated
23 Desember 2015 tentang Penerapan Tata Kelola Dalam 23 December 2015 concerning the Implementation of
Pemberian Remunerasi Bagi Bank Umum, Bank Governance in Providing Remuneration for Commercial
diwajibkan untuk memberikan remunerasi yang bersifat Banks, Banks are required to provide variable remuneration
variabel dalam bentuk saham atau instrumen yang in the form of shares or share-based instruments to parties
berbasis saham kepada pihak-pihak yang telah ditetapkan that have been designated as Material Risk Taker (“MRT”).
sebagai Material Risk Taker (“MRT”).
Mengacu pada ketentuan POJK No. 29 Tahun 2023 Referring to the provisions of POJK No. 29 of 2023
tentang Pembelian Kembali Saham yang Dikeluarkan Oleh concerning the Buyback of Shares Issued by Public
Perusahaan Terbuka, melalui persetujuan RUPS Tahunan Companies, through the approval of the Bank CIMB Niaga
Bank CIMB Niaga tanggal 14 April 2025 Annual GMS dated on 14 April 2025 (2024: dated on 3 April
(2024: tanggal 3 April 2024; 2023: nihil) menyetujui 2024; 2023: nil) approved the share buyback plan of up to
rencana pembelian kembali saham sebanyak-banyaknya 202,000 (full amount) shares at a cost of Rp 450
202.000 (nilai penuh) lembar saham dengan biaya (2024: 202,000 (full amount) shares at a cost of Rp 500;
sebesar-besarnya Rp 450 (2024: 202.000 (nilai penuh) 2023: nil). During the year ended 31 December 2025, Bank
lembar saham dengan biaya sebesar-besarnya Rp 500; CIMB Niaga has conducted share buyback of 168,000
2023: nihil). Selama tahun yang berakhir shares (full amount) at a cost of Rp 307 (2024: 168,000
31 Desember 2025, Bank CIMB Niaga telah melakukan shares (full amount) at a cost of Rp 357; 2023: nil).
pembelian saham kembali sebanyak 168.000 saham (nilai
penuh) dengan biaya sebesar Rp 307 (2024: 168.000
saham (nilai penuh) dengan biaya sebesar Rp 357;
2023: Rp nihil).
Halaman – 5/177 – Page
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PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
33. MODAL SAHAM, TAMBAHAN MODAL DISETOR, DAN 33. SHARE CAPITAL, ADDITIONAL PAID-IN CAPITAL,
SAHAM TRESURI (lanjutan) TREASURY SHARES (continued)
Saham Tresuri (lanjutan) Treasury Shares (continued)
Selama tahun yang berakhir 31 Desember 2025, jumlah During the year ended 31 December 2025, the total
saham tresuri yang telah diberikan ke karyawan adalah treasury shares which were granted to employees were
sebanyak 2.721.500 (nilai penuh) lembar saham 2,721,500 (full amount) shares (2024: 2,946,600 (full
(2024: 2.946.600 (nilai penuh) lembar saham; 2023: amount) shares; 2023: 2,585,200 (full amount) shares).
2.585.200 (nilai penuh) lembar saham). Pada tanggal As at 31 December 2025, the remaining treasury shares of
31 Desember 2025, sisa saham tresuri sebanyak 1,686,800 (full amount) shares are used for MRT
1.686.800 (nilai penuh) saham digunakan untuk program programme.
MRT.
Informasi mengenai program MRT diungkapkan pada Information in respect of MRT programme is disclosed in
Catatan 45. Note 45.
34. PENGGUNAAN LABA BERSIH 34. APPROPRIATION OF NET INCOME
Cadangan umum dan wajib General and statutory reserve
Pada tanggal 31 Desember 2025, cadangan umum dan As at 31 December 2025, the general and statutory reserve
wajib adalah Rp 371.525 (2024: Rp 371.525; amounting to Rp 371,525 (2024: Rp 371,525; 2023:
2023: Rp 351.538). Cadangan umum dan wajib ini Rp 351,538). This general and statutory reserve was
dibentuk sehubungan dengan Undang-Undang Republik provided in relation with the Law of the Republic of
Indonesia No. 1/1995 yang telah digantikan dengan Indonesia No.1/1995 which has been replaced with Law
Undang-Undang No. 40/2007 efektif tanggal No. 40/2007 effective on 16 August 2007 regarding the
16 Agustus 2007 mengenai Perseroan Terbatas, yang limited company, which requires companies to set up a
mengharuskan perusahaan-perusahaan untuk membuat general reserve at least 20% of the issued and paid up
penyisihan cadangan umum sebesar sekurang-kurangnya share capital. This Law does not provide term of fullfilment
20% dari jumlah modal yang ditempatkan dan disetor for this reserve.
penuh. Undang-Undang tersebut tidak mengatur jangka
waktu pemenuhan untuk penyisihan tersebut.
Pada tanggal 14 Mei 2025, Bank CIMB Niaga As at 14 May 2025, Bank CIMB Niaga distributed cash
melaksanakan pembayaran dividen tunai dari laba bersih dividends on 2024 financial year net income amounting
tahun buku 2024 sebesar Rp 3.915.399.385.014 Rp 3,915,399,385,014 (full amount) based on General
(nilai penuh) berdasarkan keputusan Rapat Umum Meeting of Shareholders dated 14 April 2025.
Pemegang Saham (“RUPS”) tanggal 14 April 2025.
Pada tanggal 3 Mei 2024, Bank CIMB Niaga melaksanakan As at 3 May 2024, Bank CIMB Niaga distributed cash
pembayaran dividen tunai dari laba bersih tahun buku 2023 dividends on 2023 financial year net income amounting
sebesar Rp 3.084.361.418.113 (nilai penuh) berdasarkan Rp 3,084,361,418,113 (full amount) based on General
keputusan Rapat Umum Pemegang Saham (“RUPS”) Meeting of Shareholders dated 3 April 2024.
tanggal 3 April 2024.
Pada tanggal 10 Mei 2023, Bank CIMB Niaga As at 10 May 2023, Bank CIMB Niaga distributed cash
melaksanakan pembayaran dividen tunai dari laba bersih dividends on 2022 financial year net income amounting
tahun buku 2022 sebesar Rp 2.871.841.786.305 (nilai Rp 2,871,841,786,305 (full amount) from net income of
penuh) berdasarkan keputusan Rapat Umum Pemegang financial year 2022 based on General Meeting of
Saham (“RUPS”) tanggal 10 April 2023. Shareholders dated 10 April 2023.
Halaman – 5/178 – Page
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PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
35. PENDAPATAN BUNGA DAN SYARIAH 35. INTEREST AND SHARIA INCOME
2025 2024 2023
Kredit yang diberikan 16,671,322 16,438,628 15,642,600 Loans
Efek-efek, Obligasi Pemerintah, dan Marketable securities, Government
efek-efek yang dibeli dengan janji dijual Bonds, and securities purchased
kembali 5,867,311 5,912,240 5,059,982 under resale agreement
Pembiayaan konsumen 1,739,996 1,522,501 1,175,188 Consumer financing
Penempatan pada bank lain Placements with other banks
dan Bank Indonesia 267,018 179,133 247,945 and Bank Indonesia
Giro pada bank lain Current account with other banks
dan Bank Indonesia 126,313 174,814 180,285 and Bank Indonesia
24,671,960 24,227,316 22,306,000
Termasuk dalam pendapatan bunga konsolidasian adalah Included in consolidated interest income is income based
pendapatan berdasarkan prinsip syariah untuk tahun yang on sharia principles for the year ended
berakhir 31 Desember 2025 adalah Rp 4.799.141 31 December 2025 amounting to Rp 4,799,141
(2024: Rp 5.280.443; 2023: Rp 4.917.548). (2024: Rp 5,280,443; 2023: Rp 4,917,548).
Lihat Catatan 48 untuk transaksi dengan pihak berelasi. Refer to Note 48 for transactions with related parties.
Pendapatan bunga berdasarkan klasifikasi aset keuangan Interest income based on the classification of financial
adalah: assets were as follows:
2025 2024 2023
Biaya perolehan diamortisasi 19,789,521 19,558,306 19,188,868 Amortised cost
Diukur pada nilai wajar melalui Fair value through other
penghasilan komprehensif lain 3,308,942 3,145,739 2,096,746 comprehensive income
Diukur pada nilai wajar melalui
laba rugi 1,573,497 1,523,271 1,020,386 Fair value through profit and loss
24,671,960 24,227,316 22,306,000
Termasuk dalam pendapatan bunga dari kredit yang Included in interest income from loans is interest income
diberikan adalah pendapatan bunga atas bagian yang tidak recognised on the unimpaired portion of the impaired loans
mengalami penurunan nilai terhadap kredit yang diberikan (time value unwinding) for the year ended
yang mengalami penurunan nilai (time value unwinding) 31 December 2025 amounting to Rp 154,903
untuk tahun yang berakhir 31 Desember 2025 adalah (2024: Rp 172,670; 2023: Rp 175,190).
Rp 154.903 (2024: Rp 172.670; 2023: Rp 175.190).
Halaman – 5/179 – Page
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Page 829
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
36. BEBAN BUNGA DAN SYARIAH 36. INTEREST AND SHARIA EXPENSES
2025 2024 2023
Simpanan nasabah: Deposits from customers:
Deposito berjangka dan Sertifikat Deposito Time deposits and certificates of deposits
Diukur pada biaya perolehan diamortisasi 2,910,040 3,087,855 2,736,847 Measured at amortised cost
Diukur pada nilai wajar melalui laba rugi 1,645,485 1,679,096 1,347,455 Measured at fair value through profit or loss
Giro 2,933,498 2,310,262 1,543,819 Demand deposits
Tabungan 2,239,507 2,183,407 2,086,398 Saving deposits
Efek-efek yang dijual Securities sold under
dengan janji dibeli kembali 561,407 797,318 725,624 repurchase agreement
Pinjaman yang diterima dan Borrowings and
pinjaman subordinasi 416,704 641,740 314,525 subordinated loans
Simpanan dari bank lain 206,992 36,152 12,040 Deposits from other banks
Efek-efek yang diterbitkan 198,086 153,385 172,905 Marketable securities issued
Lain-lain 83,952 71,561 14,004 Others
11,195,671 10,960,776 8,953,617
Termasuk dalam beban bunga adalah bagi hasil Included in interest expense is margin distribution based on
berdasarkan prinsip syariah untuk tahun yang berakhir sharia principle for the year ended 31 December 2025
31 Desember 2025 sebesar Rp 2.889.923 amounting to Rp 2,889,923 (2024: Rp 3,104,058;
(2024: Rp 3.104.058; 2023: Rp 2.679.161). 2023: Rp 2,679,161).
Lihat Catatan 48 untuk transaksi dengan pihak berelasi. Refer to Note 48 for transactions with related parties.
37. PROVISI DAN KOMISI LAINNYA 37. OTHER FEES AND COMMISSIONS
2025 2024 2023
Pendapatan bancassurance 828,778 968,612 1,116,897 Bancassurance income
Jasa administrasi nasabah 668,598 695,276 581,737 Customer administration fees
Pendapatan fee kartu 627,292 404,621 168,920 Card fee income
Jasa arranging 344,213 269,185 294,188 Arranging fee
Jasa dokumen ekspor-impor 132,327 109,754 98,798 Export-import document fees
Jasa kliring dan transfer 107,851 94,003 100,810 Clearing and transfer fees
Jasa servis kustodian 63,696 41,209 91,509 Custodial services fees
Lain-lain* 186,171 419,427 701,971 Others*
2,958,926 3,002,087 3,154,830
`
*) Termasuk di dalam Lain-lain adalah komisi merchant dan keuntungan atas Included in Others are merchant commission and gains on *)
penjualan kredit bermasalah sale of non-performing loans
Provisi dan komisi lainnya dengan pihak berelasi Other fees and commissions with related parties are
diungkapkan pada Catatan 48. disclosed in Note 48.
Halaman – 5/180 – Page
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Page 830
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DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
38. KERUGIAN PENURUNAN NILAI ATAS ASET 38. IMPAIRMENT LOSSES ON FINANCIAL AND NON-
KEUANGAN DAN NONKEUANGAN - BERSIH FINANCIAL ASSETS - NET
2025 2024 2023
Pembentukan/(pemulihan) Addition/(reversal)
kerugian penurunan nilai atas: of impairment losses on:
Aset keuangan Financial assets
Kredit yang diberikan 929,522 1,416,112 1,730,551 Loans
Tagihan akseptasi (8,241) 1,195 (11,195) Acceptance receivables
Piutang pembiayaan konsumen 518,690 361,707 293,358 Consumer financing receivable
Penempatan pada bank lain Placements with other banks
dan Bank Indonesia 71 (554) - and Bank Indonesia
Efek-efek (974) (22,190) 29,646 Marketable securities
Penyertaan - 516 - Investments
Estimasi kerugian atas Estimated losses on
komitmen dan kontinjensi (61,355) (206,972) (191,406) commitments and contingencies
Aset nonkeuangan Non-financial assets
Aset lain-lain (30,048) 102,382 5,291 Other assets
Aset yang diambil alih 337,792 153,054 150,368 Foreclosed assets
1,685,457 1,805,250 2,006,613
39. KEUNTUNGAN DARI INSTRUMEN KEUANGAN YANG 39. GAINS FROM FINANCIAL INSTRUMENTS MEASURED
DIUKUR PADA NILAI WAJAR MELALUI LABA RUGI - AT FAIR VALUE THROUGH PROFIT OR LOSS - NET
BERSIH
2025 2024 2023
Derivatif (249,090) 891,626 992,645 Derivatives
Obligasi Pemerintah 368,300 (416,207) 131,454 Government Bonds
Efek-efek 8,235 (9,893) (26,680) Marketable securities
127,445 465,526 1,097,419
40. KEUNTUNGAN DARI PENJUALAN ASET KEUANGAN - 40. GAINS FROM SALE OF FINANCIAL ASSETS - NET
BERSIH
2025 2024 2023
Obligasi Pemerintah 2,034,087 408,194 478,174 Government Bonds
Efek-efek 134,868 78,344 47,333 Marketable securities
2,168,955 486,538 525,507
Keuntungan dari penjualan aset keuangan berdasarkan Gains from sale of financial assets based on its
klasifikasinya adalah: classifications:
2025 2024 2023
Diukur pada nilai wajar melalui laba rugi 1,545,194 535,616 465,268 Fair value through profit or loss
Diukur pada nilai wajar melalui penghasilan Fair value through other comprehensive
komprehensif lain 622,657 (49,217) 60,239 income
*) *)
Biaya perolehan diamortisasi 1,104 139 - Amortised cost
2,168,955 486,538 525,507
*) Biaya perolehan diamortisasi (penjualan) karena pembelian kembali dari
penerbit obilgasi Amortised cost (sales) due to buyback by bond issuer *)
Halaman – 5/181 – Page
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PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
41. BEBAN TENAGA KERJA 41. PERSONNEL EXPENSES
2025 2024 2023
Gaji dan upah 2,795,444 2,652,115 2,563,578 Salaries and wages
Tunjangan karyawan 2,310,939 2,306,293 2,204,497 Allowances for employees
Pelatihan dan pendidikan 186,746 176,823 179,337 Trainings and educations
5,293,129 5,135,231 4,947,412
Termasuk di dalam beban tenaga kerja adalah tunjangan Included in personnel expenses are bonus and vacation
bonus dan Tunjangan Hari Raya (“THR”), pensiun, pay (“THR”), pension, other post retirement obligations,
liabilitas imbalan pasca kerja lainnya, dan tantiem untuk and tantiem for the year ended 31 December 2025
amounting to Rp 1,626,652 (2024: Rp 1,749,237;
tahun yang berakhir 31 Desember 2025 sebesar 2023: Rp 1,528,689).
Rp 1.626.652 (2024: Rp 1.749.237; 2023: Rp 1.528.689).
Selama tahun yang berakhir 31 Desember 2025, 2024, dan During the year ended 31 December 2025, 2024, and
2023, gaji dan kompensasi lainnya yang dibayarkan 2023, salaries and other allowances for Board of
kepada Dewan Komisaris, Dewan Direksi, dan Pejabat Commissioners, Board of Directors, and Executive Bank
Officers of Bank CIMB Niaga as follows:
Eksekutif Bank CIMB Niaga adalah:
2025 2024 2023
Komisaris Commissioners
Gaji dan tunjangan 30,158 29,425 24,082 Salaries and allowances
Bonus dan THR 1,770 1,755 1,105 Bonus and Vacation Pay
31,928 31,180 25,187
Direksi Directors
Gaji dan tunjangan 76,465 72,981 65,691 Salaries and allowances
Bonus dan THR 79,015 81,308 77,014 Bonus and Vacation Pay
Kompensasi berbasis saham 63,375 79,442 12,867 Share-based payments
Pensiun 5,096 4,843 4,464 Pension
223,951 238,574 160,036
Pejabat Eksekutif Bank Executive Bank Officers
Gaji dan tunjangan 203,548 201,074 199,876 Salaries and allowances
Bonus dan THR 151,616 168,220 166,889 Bonus and Vacation Pay
Kompensasi berbasis saham 28,697 38,343 6,673 Share-based payments
Pensiun 12,050 11,979 12,444 Pension
395,911 419,616 385,882
651,790 689,370 571,105
Beban tenaga kerja dengan pihak berelasi diungkapkan Personnel expenses with related parties are disclosed in
dalam Catatan 48. Note 48.
Halaman – 5/182 – Page
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PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
42. BEBAN UMUM DAN ADMINISTRASI 42. GENERAL AND ADMINISTRATIVE EXPENSES
2025 2024 2023
Telepon, telex, komputer Telephone, telex, computer
dan amortisasi software 1,324,278 1,412,282 1,333,216 and software amortisation
Biaya pihak ketiga 613,934 531,776 452,521 Outsourced service expenses
Sewa, penyusutan, dan pemeliharaan Rental, depreciation, and
gedung 566,471 640,680 667,921 maintenance of building
Iklan dan promosi 341,709 409,973 419,824 Advertising and promotion
Jasa profesional 240,630 55,242 163,484 Professional fees
Biaya tahunan Otoritas Jasa Financial Services Authority
Keuangan ("OJK") 172,529 154,068 152,247 annual fee
Biaya penagihan 101,453 114,640 106,918 Collection expenses
Perlengkapan kantor 98,602 102,448 71,339 Office supplies
Transportasi 79,018 90,269 82,131 Transportation
Penyusutan dan pemeliharaan Depreciation and maintenance
perabot kantor 66,044 61,879 59,290 of office furniture
Listrik dan air 38,721 61,153 55,006 Electricity and water
Penyusutan dan pemeliharaan Depreciation and maintenance
kendaraan bermotor 14,837 16,203 15,086 of vehicles
Premi asuransi 2,876 1,186 6,817 Insurance premium
Lain-lain 6,983 26,429 29,968 Others
3,668,085 3,678,228 3,615,768
Beban umum dan administrasi dengan pihak berelasi General and administrative expenses with related parties
diungkapkan dalam Catatan 48. are disclosed in Note 48.
43. PENDAPATAN BUKAN OPERASIONAL - BERSIH 43. NON-OPERATING INCOME - NET
2025 2024 2023
Pendapatan sewa 863 4,084 5,595 Rental income
Keuntungan/(kerugian) atas penjualan aset tetap 8,630 (13,192) 5,076 Gains/(losses) on sale of fixed assets
Denda (2,403) (1,727) (1,299) Fines
Lain-lain - bersih 36,590 376,735 152,520 Others - net
43,680 365,900 161,892
44. LIABILITAS IMBALAN KERJA 44. EMPLOYEE BENEFIT OBLIGATIONS
Liabilitas imbalan kerja terdiri dari: Employee benefit obligations consist as follows:
2025 2024 2023
Beban bonus
yang masih harus dibayar 912,287 853,390 842,499 Accrued bonus
Pensiun dan liabilitas imbalan Pension and other post
pascakerja lainnya 749,106 756,014 698,096 retirement obligations
1,661,393 1,609,404 1,540,595
Halaman – 5/183 – Page
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DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
44. LIABILITAS IMBALAN KERJA (lanjutan) 44. EMPLOYEE BENEFIT OBLIGATIONS (continued)
Pada tanggal 31 Desember 2025, jumlah karyawan Bank As at 31 December 2025, the total Bank CIMB Niaga
CIMB Niaga yang memperoleh imbalan pensiun dan employees who are eligible for retirement and other
imbalan kerja lainnya adalah 9.898 (2024: 9.975; employee benefits were 9,898 (2024: 9,975; 2023: 9,931)
2023: 9.931) (tidak diaudit). (unaudited).
Sesuai dengan kebijakan Bank CIMB Niaga, pegawai In accordance with Bank CIMB Niaga’s policy, employees
mendapat fasilitas imbalan pensiun dan imbalan kerja are entitled to the pension benefit and other long term
jangka panjang lainnya, sebagai berikut: benefit, as follows:
a. Imbalan pensiun a. Pension benefits
Pada tanggal 31 Desember 2025, 2024, dan 2023, As at 31 December 2025, 2024, and 2023, Bank CIMB
penilaian liabilitas pensiun dilakukan oleh Bank CIMB Niaga’s calculation of pension obligation using
Niaga menggunakan asumsi-asumsi penilaian actuarial assumptions, were calculated by Kantor
aktuaria yang dihitung oleh Kantor Konsultan Aktuaria Konsultan Aktuaria Steven & Mourits as stated in their
Steven & Mourits sebagaimana tercatat dalam report dated 2 January 2026, 7 January 2025 and
laporannya tertanggal 2 Januari 2026, 7 Januari 2025, 2 January 2024 using the “Projected Unit Credit”
dan 2 Januari 2024 dengan menggunakan metode method.
“Projected Unit Credit”.
Bank CIMB Niaga menyelenggarakan 2 (dua) program Bank CIMB Niaga sponsors 2 (two) pension employee
pensiun yang terdiri dari program pensiun manfaat program plans consisting of a defined benefit plan and
pasti dan program iuran pasti sebagai berikut: defined contribution plan, as follows:
1. Manfaat pasti 1. Defined benefit plan
Manfaat pasti diselenggarakan untuk sebagian Bank CIMB Niaga sponsors a defined benefit
karyawan tetap Bank CIMB Niaga yang dikelola dan pension retirement program covering a certain
diadministrasikan oleh Dana Pensiun Bank CIMB number of its permanent employees which is
Niaga. managed and administered by Dana Pensiun Bank
CIMB Niaga.
Program tersebut memberikan manfaat pensiun The plan calls for benefits to be paid to eligible
yang akan dibayarkan kepada karyawan yang employees at retirement or when the employees
berhak pada saat karyawan pensiun atau pada saat resign according to the pension fund regulation
karyawan tersebut berhenti sesuai dengan which is designed to comply with Pension Fund
peraturan dana pensiun yang bersangkutan yang Regulation. The benefits paid at retirement are
dibuat sesuai dengan Undang-Undang Dana calculated based on the pension benefit formula as
Pensiun. Manfaat pensiun dihitung berdasarkan set forth in the Regulation of Pension Funds.
formula manfaat pensiun sebagaimana tertuang
dalam Peraturan Dana Pensiun.
Pendanaan program pensiun ini dilakukan oleh Bank CIMB Niaga has funded the plan through
Bank CIMB Niaga dengan membayar iuran tahunan annual contributions which are sufficient to meet the
yang setidaknya memenuhi jumlah minimum seperti minimum requirements set forth in applicable
yang diharuskan oleh peraturan perundang- pension fund laws.
undangan dana pensiun yang berlaku.
Halaman – 5/184 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 834
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
44. LIABILITAS IMBALAN KERJA (lanjutan) 44. EMPLOYEE BENEFIT OBLIGATIONS (continued)
a. Imbalan pensiun (lanjutan) a. Pension benefits (continued)
1. Manfaat pasti (lanjutan) 1. Defined benefit plan (continued)
Jumlah iuran ini umumnya meliputi imbalan pensiun This contribution usually reflects benefits attributed
untuk jasa karyawan masa kini, amortisasi biaya to employees’ current service costs, as well as
jasa lalu, dan koreksi aktuarial. amortisation of past service cost, and actuarial
adjustments.
Berikut ini adalah asumsi yang diungkapkan dalam The following are assumptions disclosed in the
laporan aktuaria tanggal 2 Januari 2026, 7 Januari actuarial report dated 2 January 2026, 7 January
2025, dan 2 Januari 2024 dalam menghitung 2025 and 2 January 2024 to calculate the retirement
liabilitas pensiun pada tanggal 31 Desember 2025, benefits liability as at 31 December 2025, 2024, and
2024, dan 2023. 2023.
Asumsi-asumsi utama yang digunakan oleh The key assumptions used by the independent
aktuaris independen dalam perhitungan adalah: actuary in calculation were as follows:
2025 2024 2023
Asumsi ekonomi: Economic assumptions:
Tingkat diskonto 6.40% per tahun/ 7.10% per tahun/ 6.70% per tahun/ Discount rate
per annum per annum per annum
Tingkat kenaikan gaji 6% per tahun/ 6% per tahun/ 6% per tahun/ Salary increase rate
per annum per annum per annum
Asumsi lainnya: Other assumptions:
Proyeksi kenaikan pensiun di masa datang 5% per tahun/ 5% per tahun/ 5% per tahun/ Expected future pension increases
per annum per annum per annum
Usia pensiun normal 55 tahun/ 55 tahun/ 55 tahun/ Normal retirement age
years years years
Tingkat kematian Tabel Mortalitas Tabel Mortalitas Tabel Mortalitas Mortality rate
Indonesia 2019 Indonesia 2019 Indonesia 2019
(TMI 2019)/ (TMI 2019)/ (TMI 2019)/
Indonesian Mortality Indonesian Mortality Indonesian Mortality
Table 2019 Table 2019 Table 2019
(IMT 2019) (IMT 2019) (IMT 2019)
Tingkat cacat 10% dari TMI 2019/ 10% dari TMI 2019/ 10% dari TMI 2019/ Disability rate
of IMT 2019 of IMT 2019 of IMT 2019
Imbal hasil atas aset program 6.40% per tahun/ 7.10% per tahun/ 6.70% per tahun/ Implied rate of return on plan assets
per annum per annum per annum
Tingkat pengunduran diri 10% untuk usia 10% untuk usia 10% untuk usia Resignation rate
sampai dengan 25 sampai dengan 25 sampai dengan 25
tahun, dan menurun tahun, dan menurun tahun, dan menurun
dengan garis lurus dengan garis lurus dengan garis lurus
0% pada usia 44 0% pada usia 44 0% pada usia 44
tahun dan 1% tahun dan 1% tahun dan 1%
setelahnya/ setelahnya/ setelahnya/
10% up to age 25, 10% up to age 25, 10% up to age 25,
then decreasing then decreasing then decreasing
linearly to 0% at linearly to 0% at linearly to 0% at
age 44 and 1% age 44 and 1% age 44 and 1%
thereafter thereafter thereafter
Proporsi pensiun normal 100% 100% 100% Proportion of normal retirement
Halaman – 5/185 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 835
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
44. LIABILITAS IMBALAN KERJA (lanjutan) 44. EMPLOYEE BENEFIT OBLIGATIONS (continued)
a. Imbalan pensiun (lanjutan) a. Pension benefits (continued)
1. Manfaat pasti (lanjutan) 1. Defined benefit plan (continued)
Jumlah yang diakui di laporan posisi keuangan The amounts recognised in the consolidated
konsolidasian ditentukan sebagai berikut: statements of financial position are determined as
follows:
2025 2024 2023
Bank CIMB Niaga Bank CIMB Niaga
Nilai wajar aset program 589,985 513,726 540,179 Fair value of plan assets
Nilai kini liabilitas manfaat Present value of funded
pasti yang didanai (587,594) (583,476) (604,603) defined benefit obligation
2,391 (69,750) (64,424)
Efek penerapan asset ceiling Effect of application of asset ceiling
pada akhir tahun (2,391) - - at end of year
- (69,750) (64,424)
Entitas Anak (52,562) (51,700) (67,451) Subsidiaries
Liabilitas di laporan posisi keuangan Liability recognised in consolidated
konsolidasian (52,562) (121,450) (131,875) statements of financial position
Mutasi nilai kini liabilitas manfaat pasti yang didanai The movement in the present value of funded defined
selama tahun berjalan adalah sebagai berikut: benefit obligations of the year were as follows:
2025 2024 2023
Present value of
Nilai kini liabilitas pada awal tahun 583,476 604,603 609,796 obligation at beginning of the year
Biaya bunga 41,312 41,576 42,757 Interest cost
Biaya jasa kini - bruto 11,200 11,319 13,007 Current service cost - gross
Pembayaran imbalan pada tahun berjalan (61,191) (76,313) (70,783) Benefit payments in current year
Pengukuran kembali: Remeasurements:
Kerugian aktuarial yang Actuarial losses from changes in
timbul dari perubahan asumsi keuangan 26,095 9,234 19,061 financial assumption
Keuntungan aktuarial yang Actuarial gains from changes in
timbul dari penyesuaian pengalaman (13,298) (6,943) (9,235) experience adjustments
Present value of
Nilai kini liabilitas pada akhir tahun 587,594 583,476 604,603 obligation at end of the year
Rekonsiliasi nilai wajar aset program adalah: The reconciliation of fair value of plan assets is as
follows:
2025 2024 2023
Saldo awal 513,726 540,179 551,123 Beginning balance
Bunga 39,110 37,099 38,606 Interest
Kontribusi perusahaan 18,469 35,600 36,863 Company's contributions
Kontribusi karyawan 2,692 2,686 3,273 Employees' contributions
Keuntungan/(kerugian) aktuarial 77,179 (25,525) (18,903) Actuarial gain/(losses)
Pembayaran selama tahun berjalan (61,191) (76,313) (70,783) Benefits payments during the year
Saldo akhir 589,985 513,726 540,179 Ending balance
Halaman – 5/186 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 836
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
44. LIABILITAS IMBALAN KERJA (lanjutan) 44. EMPLOYEE BENEFIT OBLIGATIONS (continued)
a. Imbalan pensiun (lanjutan) a. Pension benefits (continued)
1. Manfaat pasti (lanjutan) 1. Defined benefit plan (continued)
Aset program terdiri dari: Plan assets comprise the following:
2025 2024 2023
Dikuotasi/ Tidak dikuotasi/ Jumlah/ Dikuotasi/ Tidak dikuotasi/ Jumlah/ Dikuotasi/ Tidak dikuotasi/ Jumlah/
Quoted Unquoted Total Quoted Unquoted Total Quoted Unquoted Total
Instrumen ekuitas Equity instrument
Saham 54,716 - 54,716 103,708 - 103,708 112,090 - 112,090 Stocks
Reksadana - - - 5,120 - 5,120 12,089 - 12,089 Mutual fund
Penempatan langsung - 266,881 266,881 - 165,086 165,086 - 164,925 164,925 Direct placement
Instrumen utang Debt instrument
Obligasi 29,364 - 29,364 29,320 - 29,320 24,941 - 24,941 Bonds
Surat berharga pemerintah 217,550 - 217,550 168,406 - 168,406 187,254 - 187,254 Government bonds
Kas dan setara kas Cash and cash equivalent
Deposito on call - 502 502 - 5,240 5,240 - 2,768 2,768 Deposit on call
Deposito - - - - 12,984 12,984 - 3,523 3,523 Deposit
Lain-lain - 20,972 20,972 - 23,862 23,862 - 32,589 32,589 Others
Jumlah 301,630 288,355 589,985 306,554 207,172 513,726 336,374 203,805 540,179 Total
Jumlah yang diakui di laba rugi adalah: The amounts recognised in profit or loss were as
follows:
2025 2024 2023
Bank CIMB Niaga Bank CIMB Niaga
Biaya jasa kini (8,508) (8,633) (9,734) Current service cost
Bunga bersih (2,202) (4,477) (4,151) Net Interest
(10,710) (13,110) (13,885)
Entitas Anak (16,124) (10,559) (1,998) Subsidiaries
Jumlah, disajikan sebagai bagian dari Total, included in personnel
beban tenaga kerja (26,834) (23,669) (15,883) expenses
Mutasi saldo liabilitas yang diakui di dalam laporan The liability movement recognised in the consolidated
posisi keuangan konsolidasian adalah: statements of financial position:
2025 2024 2023
Saldo awal (69,750) (64,424) (58,673) Beginning balance
Beban tahun berjalan (10,710) (13,110) (13,885) Current year expenses
Jumlah yang diakui pada pendapatan Total amount recognised in other
komprehensif lain 61,991 (27,816) (28,729) comprehensive income
Kontribusi pemberi kerja terhadap Employer contribution
dana pensiun 18,469 35,600 36,863 to the pension fund
(0) (69,750) (64,424)
Entitas Anak (52,562) (51,700) (67,451) Subsidiaries
Saldo akhir (52,562) (121,450) (131,875) Ending balance
Sensitivitas dari kewajiban manfaat pasti terhadap The sensitivity of defined benefit obligation to
perubahan asumsi aktuaria adalah sebagai berikut: changes in the weighted assumptions is as follows:
Dampak terhadap kewajiban manfaat pasti/
Impact on defined benefit obligation
2025 2024 2023
Nilai kini kewajiban Nilai kini kewajiban Nilai kini kewajiban
manfaat pasti/ manfaat pasti/ manfaat pasti/
Perubahan Asumsi/ Present value of Biaya jasa kini/ Present value of Biaya jasa kini/ Present value of Biaya jasa kini/
Change in Assumption defined benefit obligation Current service cost defined benefit obligation Current service cost defined benefit obligation Current service cost
Tingkat diskonto Kenaikan/Increase 1% 577,878 (9,716) 573,159 (10,317) 592,457 (12,146) Discount rate
Penurunan/Decrease 1% 598,055 10,461 594,604 11,128 617,760 13,157
Tingkat kenaikan gaji Kenaikan/Increase 1% 597,944 10,350 594,608 11,132 617,704 13,101 Salary increase rate
Penurunan/Decrease 1% 577,800 (9,794) 572,966 (10,510) 592,284 (12,319)
Halaman – 5/187 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 837
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
44. LIABILITAS IMBALAN KERJA (lanjutan) 44. EMPLOYEE BENEFIT OBLIGATIONS (continued)
a. Imbalan pensiun (lanjutan) a. Pension benefits (continued)
1. Manfaat pasti (lanjutan) 1. Defined benefit plan (continued)
Analisis sensitivitas didasarkan pada perubahan atas The sensitivity analysis is based on a change in one
satu asumsi aktuarial dimana asumsi lainnya assumption while holding all other assumptions
dianggap konstan. Dalam perhitungan sensitivitas constant. When calculating the sensitivity of the
kewajiban imbalan pasti atas asumsi aktuarial utama, defined benefit obligation to significant actuarial
metode yang sama (perhitungan nilai kini kewajiban assumptions, the same method (present value of the
imbalan pasti dengan menggunakan metode defined benefit obligation calculated with the projected
projected unit credit di akhir tahun pelaporan) telah unit credit method at the end of the reporting year) has
diterapkan seperti dalam penghitungan kewajiban been applied as when calculating the pension liability
pensiun yang diakui dalam laporan posisi keuangan recognised within the consolidated statements of
konsolidasian. financial position.
Investasi telah terdiversifikasi dengan baik, sehingga Investments are well-diversified, such that the failure
kinerja buruk satu investasi tidak akan memberikan of any single investment would not have a material
dampak material bagi seluruh kelompok aset. impact to the overall group of assets. The largest
Proporsi terbesar aset investasi ditempatkan pada proportion of assets are invested in equity and debt
instrumen ekuitas dan utang. Diyakini bahwa instruments. Equity and debt instruments are
instrumen ekuitas dan utang memberikan imbal hasil expected to contribute best yields in long term at the
yang paling baik dalam jangka panjang pada tingkatan acceptable risk level. For defined benefit program
risiko yang dapat diterima. Untuk program manfaat most of equity instruments are stocks and direct
pasti sebagian instrumen ekuitas merupakan saham placement.
dan penempatan langsung.
Hasil yang diharapkan dari aset program ditentukan The expected return on plan assets is determined by
dengan mempertimbangkan imbal hasil yang considering the expected returns available on the
diharapkan atas aset yang mengacu pada kebijakan assets in accordance to the current investment policy.
investasi. Hasil investasi bunga tetap didasarkan Expected yields on fixed interest investments are
pada hasil pengembalian bruto pada tanggal based on gross redemption yields as of the reporting
pelaporan. Hasil yang diharapkan dari investasi date. Expected returns on equity and property
ekuitas dan properti mencerminkan tingkat imbal hasil investments reflect long-term real rates of return
jangka panjang aktual yang terjadi untuk tiap-tiap experienced in the respective markets.
pasar.
Kontribusi Bank untuk program manfaat pasti untuk The Bank’s contribution to the defined benefit plan for
tahun yang berakhir 31 Desember 2025, 2024, dan the year ended 31 December 2025, 2024, and 2023
2023 masing masing sebesar Rp 18.469, Rp 35.600 are Rp 18,469, Rp 35,600 and Rp 36,863,
dan Rp 36.863. respectively.
Halaman – 5/188 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 838
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
44. LIABILITAS IMBALAN KERJA (lanjutan) 44. EMPLOYEE BENEFIT OBLIGATIONS (continued)
a. Imbalan pensiun (lanjutan) a. Pension benefits (continued)
1. Manfaat pasti (lanjutan) 1. Defined benefit plan (continued)
Risiko yang terekspos pada program manfaat pasti The exposed risks in defined benefit pension plan is
adalah adanya tingkat hasil investasi dibawah asumsi the lower return on investment compared to
tingkat diskonto dan kenaikan gaji aktual yang lebih assumption on discount rate and the increase of actual
besar dari asumsi. Hal tersebut menimbulkan salary is higher than its assumption. These will cause
peningkatan iuran yang dibayarkan kepada Dana an increase in benefit paid to Pension Fund.
Pensiun.
Analisis jatuh tempo yang diharapkan Expected maturity analysis (undiscounted) of pension
(tidak didiskontokan) dari manfaat pensiun adalah benefit is as follows:
sebagai berikut:
Manfaat pasti/ Dalam 1 tahun/ Antara 1 sampai 5 tahun/ Lebih dari 5 tahun/ Jumlah/
Defined benefit Within 1 year Between 1 to 5 years Over 5 years Total
Manfaat pasti 2025 25,104 128,359 1,240,490 1,393,953 Defined benefit
2024 28,094 124,826 1,364,622 1,517,542
2023 28,329 125,487 1,542,256 1,696,072
2. Program iuran pasti 2. Defined contribution plan
Program Iuran Pasti dikelola oleh Dana Pensiun The defined contributions program is managed by
Lembaga Keuangan AIA dan Dana Pensiun Lembaga Lembaga Keuangan AIA and Dana Pensiun Lembaga
Keuangan Manulife. Keuangan Manulife.
Berdasarkan Undang-Undang terkait Under the Law related to Labor, the entity is required
Ketenagakerjaan, entitas diwajibkan membayar to pay a certain amount to employees who have
jumlah tertentu kepada para pekerja yang telah entered a retirement age determined based on their
memasuki usia pensiun yang ditentukan berdasarkan years of service. On this basis, for the purpose of
masa kerjanya. Atas dasar hal tersebut, untuk tujuan financial reporting, Bank CIMB Niaga is required to
pelaporan keuangan, Bank CIMB Niaga wajib establish an allowance based on the value in
membentuk pencadangan berdasarkan nilai sesuai accordance with the Law related to Labor, taking into
dengan Undang-Undang terkait Ketenagakerjaan account the contributions that have been paid-in the
tersebut dengan mempertimbangkan iuran yang defined contribution program.
sudah dibayarkan dalam program iuran pasti.
Berikut ini adalah asumsi yang diungkapkan dalam The following are assumptions disclosed in the
laporan aktuaria tanggal 2 Januari 2026, actuarial report dated 2 January 2026, 7 January
7 Januari 2025, dan 2 Januari 2024 dalam 2025, and 2 January 2024 to calculate the retirement
menghitung liabilitas pensiun pada tanggal benefits liability as at 31 December 2025, 2024, and
31 Desember 2025, 2024, dan 2023. 2023.
Halaman – 5/189 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 839
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
44. LIABILITAS IMBALAN KERJA (lanjutan) 44. EMPLOYEE BENEFIT OBLIGATIONS (continued)
a. Imbalan pensiun (lanjutan) a. Pension benefits (continued)
2. Program iuran pasti (lanjutan) 2. Defined contribution plan (continued)
Asumsi-asumsi utama yang digunakan dalam The key assumptions used by the independent
menentukan biaya imbalan pensiun oleh aktuaris actuary for the calculation of pension benefit
independen adalah: expenses, were as follows:
2025 2024 2023
Asumsi ekonomi: Economic assumptions:
Tingkat diskonto 6.40% per tahun/ 7.10% per tahun/ 6.70% per tahun/ Discount rate
per annum per annum per annum
Tingkat kenaikan gaji 6% per tahun/ 6% per tahun/ 6% per tahun/ Salary increase rate
per annum per annum per annum
Asumsi lainnya: Other assumptions:
Usia pensiun normal 55 tahun/ 55 tahun/ 55 tahun/ Normal retirement age
years years years
Tingkat kematian Tabel Mortalitas Tabel Mortalitas Tabel Mortalitas Mortality rate
Indonesia 2019 Indonesia 2019 Indonesia 2019
(TMI 2019)/ (TMI 2019)/ (TMI 2019)/
Indonesian Mortality Indonesian Mortality Indonesian Mortality
Table 2019 Table 2019 Table 2019
(IMT 2019) (IMT 2019) (IMT 2019)
Tingkat cacat 10% dari TMI 2019/ 10% dari TMI 2019/ 10% dari TMI 2019/ Disability rate
of IMT 2019 of IMT 2019 of IMT 2019
Imbal hasil atas aset program 6.40% per tahun/ 7.10% per tahun/ 6.70% per tahun/ Implied rate of return on plan assets
per annum per annum per annum
Tingkat pengunduran diri 10% untuk usia 10% untuk usia 10% untuk usia Resignation rate
sampai dengan 25 sampai dengan 25 sampai dengan 25
tahun, dan menurun tahun, dan menurun tahun, dan menurun
dengan garis lurus dengan garis lurus dengan garis lurus
0% pada usia 44 0% pada usia 44 0% pada usia 44
tahun dan 1% tahun dan 1% tahun dan 1%
setelahnya/ setelahnya/ setelahnya/
10% up to age 25, 10% up to age 25, 10% up to age 25,
then decreasing then decreasing then decreasing
linearly to 0% at linearly to 0% at linearly to 0% at
age 44 and 1% age 44 and 1% age 44 and 1%
thereafter thereafter thereafter
Proporsi pensiun normal 100% 100% 100% Proportion of normal retirement
Halaman – 5/190 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 840
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
44. LIABILITAS IMBALAN KERJA (lanjutan) 44. EMPLOYEE BENEFIT OBLIGATIONS (continued)
a. Imbalan pensiun (lanjutan) a. Pension benefits (continued)
2. Program iuran pasti (lanjutan) 2. Defined contribution plan (continued)
Asumsi tingkat pengembalian investasi dihitung The rate of return on investment is calculated based on
berdasarkan proyeksi jangka panjang dengan long term outlook and take into account actual historical
mengacu pada tingkat pengembalian aktual historis. rate of return.
Jumlah liabilitas yang diakui di dalam laporan posisi The liability recognised in the consolidated statements
keuangan konsolidasian adalah: of financial position:
2025 2024 2023
Bank CIMB Niaga Bank CIMB Niaga
Nilai wajar aset program 69,088 16,966 44,451 Fair value of plan assets
Nilai kini liabilitas iuran Present value of funded
pasti yang didanai (573,681) (528,758) (498,221) defined contribution obligation
Liabilitas yang diakui di laporan Liability recognised in consolidated
posisi keuangan konsolidasian (504,593) (511,792) (453,770) statements of financial position
Mutasi nilai kini liabilitas iuran pasti yang didanai The movement in the present value of funded defined
selama tahun berjalan adalah sebagai berikut: contribution of the year were as follows:
2025 2024 2023
Present value of
Nilai kini liabilitas pada awal tahun 528,758 498,221 446,510 obligation at beginning of the year
Biaya jasa lalu (1,848) (1,366) (1,878) Past service cost
Biaya bunga 37,286 34,215 31,300 Interest cost
Biaya jasa kini - bruto 74,583 67,796 63,522 Current service cost - gross
Pembayaran imbalan dari aset program (62,556) (52,591) (34,600) Benefit payments from plan assets
Pembayaran imbalan oleh perusahaan (3,764) (2,246) (2,550) Benefit payments from company
Pengukuran kembali: Remeasurements:
Kerugian/(keuntungan) aktuarial yang Actuarial losses/(gains) from changes in
timbul dari perubahan asumsi keuangan 26,657 (24,333) 7,275 financial assumption
(Keuntungan)/kerugian aktuarial yang timbul dari Actuarial (gains)/losses from changes in
penyesuaian pengalaman (25,435) 9,062 (11,358) experience adjustment
Present value of
Nilai kini liabilitas pada akhir tahun 573,681 528,758 498,221 obligation at end of year
Rekonsiliasi nilai wajar aset program adalah: The reconciliation of fair value of plan assets is as
follows:
2025 2024 2023
Saldo awal 16,966 44,451 29,112 Beginning balance
Bunga 1,776 2,411 3,125 Interest
Kontribusi Perusahaan 117,927 30,000 50,000 Company's contributions
Kerugian aktuaria (5,025) (7,305) (3,186) Actuarial loss
Pembayaran selama tahun berjalan (62,556) (52,591) (34,600) Benefit payments during the year
Saldo akhir 69,088 16,966 44,451 Ending balance
Halaman – 5/191 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 841
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
44. LIABILITAS IMBALAN KERJA (lanjutan) 44. EMPLOYEE BENEFIT OBLIGATIONS (continued)
a. Imbalan pensiun (lanjutan) a. Pension benefits (continued)
2. Program iuran pasti (lanjutan) 2. Defined contribution plan (continued)
Aset program pada tanggal 31 Desember 2025, Plan assets as at 31 December 2025, 2024, and
2024, dan 2023 adalah dalam bentuk giro dan 2023 were in form of current accounts and time
deposito berjangka. deposits.
Jumlah yang diakui di laba rugi adalah: The amounts recognised in profit or loss were as
follows:
2025 2024 2023
Bank CIMB Niaga Bank CIMB Niaga
Biaya jasa kini (74,583) (67,797) (63,522) Current service cost
Bunga bersih (35,510) (31,804) (28,175) Net Interest
Biaya jasa tahun lalu 1,848 1,366 1,878 Past service cost
Jumlah, disajikan sebagai bagian dari Total, included in personnel
beban tenaga kerja (108,245) (98,235) (89,819) expenses
Jumlah yang diakui di laporan posisi keuangan The amounts recognised in the consolidated
konsolidasian adalah: statements of financial position were as follows:
2025 2024 2023
Saldo awal (511,792) (453,770) (417,398) Beginning balance
Beban imbalan kerja yang diakui Employee benefit expenses
tahun berjalan (108,245) (98,235) (89,819) recognised in the current year
Jumlah yang diakui pada pendapatan Total amount recognized in other
komprehensif lain (6,247) 7,966 897 comprehensive income
Pembayaran imbalan 3,764 2,247 2,550 Actual benefit payments
Kontribusi pemberi kerja terhadap Employer contribution
dana pensiun 117,927 30,000 50,000 to the pension fund
Saldo akhir (504,593) (511,792) (453,770) Ending balance
Sensitivitas dari kewajiban iuran pasti terhadap The sensitivity of defined contribution obligation to
perubahan asumsi aktuaria adalah sebagai berikut: changes in the weighted assumptions is as follows:
Dampak terhadap kewajiban iuran pasti/
Impact on defined contribution obligation
2025 2024 2023
Nilai kini kewajiban Nilai kini kewajiban Nilai kini kewajiban
iuran pasti/ iuran pasti/ iuran pasti/
Perubahan Asumsi/ Present value of Biaya jasa kini/ Present value of Biaya jasa kini/ Present value of Biaya jasa kini/
Change in Assumption contribution obligation Current service cost contribution obligation Current service cost contribution obligation Current service cost
Tingkat diskonto Kenaikan/increase 1% 501,294 (72,387) 461,807 (66,951) 431,925 (66,296) Discount rate
Penurunan/decrease 1% 665,289 91,608 615,261 86,503 583,170 84,949
Tingkat kenaikan gaji Kenaikan/increase 1% 662,996 89,315 613,340 84,582 581,031 82,810 Salary increase rate
Penurunan/decrease 1% 501,716 (71,965) 461,975 (66,783) 432,261 (65,960)
Halaman – 5/192 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 842
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
44. LIABILITAS IMBALAN KERJA (lanjutan) 44. EMPLOYEE BENEFIT OBLIGATIONS (continued)
a. Imbalan pensiun (lanjutan) a. Pension benefits (continued)
2.Program iuran pasti (lanjutan) 2. Defined contribution plan (continued)
Analisis sensitivitas didasarkan pada perubahan atas The sensitivity analysis are based on a change in an
satu asumsi aktuarial dimana asumsi lainnya assumption while holding all other assumptions
dianggap konstan. Dalam perhitungan sensitivitas constant. When calculating the sensitivity of the
kewajiban iuran pasti atas asumsi aktuarial utama, defined contribution obligation to significant actuarial
metode yang sama (perhitungan nilai kini kewajiban assumptions, the same method (present value of the
iuran pasti dengan menggunakan metode projected defined contribution obligation calculated with the
unit credit di akhir tahun) telah diterapkan seperti projected unit credit method at the end of the
dalam penghitungan kewajiban pensiun yang diakui reporting year) has been applied as when calculating
dalam laporan posisi keuangan konsolidasian. the pension liability recognised within the
consolidated statements of financial position.
Kontribusi Bank untuk program iuran pasti tahun 2025 The Bank’s contribution to the defined contribution
adalah sebesar Rp 117.927 (2024: Rp 30.000; 2023: plan for the year 2025 is Rp 117,927 (2024:
Rp 50.000). Rp 30,000; 2023: Rp 50,000).
Risiko yang terekspos pada program iuran pasti The exposed risks in defined contribution plan is the
adalah hasil investasi dibawah asumsi tingkat lower return on investment compared to assumption
diskonto. Hal ini akan mengakibatkan akumulasi iuran on discount rate and therefore, will cause
aktual lebih kecil dari nilai yang diasumsikan sehingga accumulated actual contribution to be lower than its
mengakibatkan selisih pembayaran terhadap assumption, increase the difference in the amount of
Undang-Undang terkait Ketenagakerjaan akan contribution based on Law related to Labor, and will
meningkat dan berdampak pada beban dan liabilitas also increase the amount of the related expenses and
yang akan meningkat pula. liabilities.
Analisis jatuh tempo yang diharapkan Expected maturity analysis (undiscounted) of pension
(tidak didiskontokan) dari manfaat pensiun adalah benefit is as follows:
sebagai berikut:
Iuran pasti/ Dalam 1 tahun/ Antara 1 sampai 5 tahun/ Lebih dari 5 tahun/ Jumlah/
Defined contribution Within 1 year Between 1 to 5 years Over 5 years Total
Iuran pasti 2025 92,438 320,832 2,715,278 3,128,548 Defined contribution
2024 74,257 345,269 2,546,098 2,965,624
2023 55,325 324,023 2,238,158 2,617,506
Halaman – 5/193 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 843
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
44. LIABILITAS IMBALAN KERJA (lanjutan) 44. EMPLOYEE BENEFIT OBLIGATIONS (continued)
b. Imbalan jangka panjang lainnya b. Other long term benefit
Imbalan jangka panjang lainnya merupakan Other long term benefit is long service award in the
penghargaan masa kerja jangka panjang dalam form of award at every completion of certain year of
bentuk pemberian penghargaan setiap pencapaian service.
masa kerja tertentu.
Berikut ini adalah asumsi yang diungkapkan dalam The following are assumptions disclosed in the
laporan aktuaria tanggal 2 Januari 2026, actuarial report dated 2 January 2026,
7 Januari 2025, dan 2 Januari 2024 dalam 7 January 2025 and 2 January 2024 to calculate the
menghitung liabilitas pensiun pada tanggal retirement benefits liability as at 31 December 2025,
31 Desember 2025, 2024, dan 2023. 2024, and 2023.
2025 2024 2023
Asumsi ekonomi: Economic assumptions:
Tingkat diskonto 6.40% per tahun/ 7.10% per tahun/ 6.70% per tahun/ Discount rate
per annum per annum per annum
Tingkat kenaikan gaji 6% per tahun/ 6% per tahun/ 6% per tahun/ Salary increase rate
per annum per annum per annum
Asumsi lainnya: Other assumptions:
Usia pensiun normal 55 tahun/ 55 tahun/ 55 tahun/ Normal retirement age
years years years
Tingkat kematian Tabel Mortalitas Tabel Mortalitas Tabel Mortalitas Mortality rate
Indonesia 2019 Indonesia 2019 Indonesia 2019
(TMI 2019)/ (TMI 2019)/ (TMI 2019)/
Indonesian Mortality Indonesian Mortality Indonesian Mortality
Table 2019 Table 2019 Table 2019
(IMT 2019) (IMT 2019) (IMT 2019)
Tingkat cacat 10% dari TMI 2019/ 10% dari TMI 2019/ 10% dari TMI 2019/ Disability rate
of IMT 2019 of IMT 2019 of IMT 2019
Tingkat pengunduran diri 10% untuk usia 10% untuk usia 10% untuk usia Resignation rate
sampai dengan 25 sampai dengan 25 sampai dengan 25
tahun, dan menurun tahun, dan menurun tahun, dan menurun
dengan garis lurus dengan garis lurus dengan garis lurus
0% pada usia 44 0% pada usia 44 0% pada usia 44
tahun dan 1% tahun dan 1% tahun dan 1%
setelahnya/ setelahnya/ setelahnya/
10% up to age 25, 10% up to age 25, 10% up to age 25,
then decreasing then decreasing then decreasing
linearly to 0% at linearly to 0% at linearly to 0% at
age 44 and 1% age 44 and 1% age 44 and 1%
thereafter thereafter thereafter
Proporsi pensiun normal 100% 100% 100% Proportion of normal retirement
Mutasi saldo liabilitas yang diakui di dalam laporan The liability movement recognised in the
posisi keuangan konsolidasian adalah: consolidated statements of financial position:
2025 2024 2023
Saldo awal (122,772) (112,451) (95,048) Beginning balance
Beban yang diakui tahun berjalan (89,418) (20,905) (24,034) Expenses recognized in the current year
Pembayaran imbalan 20,239 10,584 6,631 Actual benefit payments
Saldo akhir (191,951) (122,772) (112,451) Ending balance
Halaman – 5/194 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 844
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
44. LIABILITAS IMBALAN KERJA (lanjutan) 44. EMPLOYEE BENEFIT OBLIGATIONS (continued)
b. Imbalan jangka panjang lainnya b. Other long term benefit
Jumlah yang diakui sebagai laba rugi adalah: The amounts recognised as profit or loss were as
follows:
2025 2024 2023
Biaya jasa kini (16,738) (13,133) (11,812) Current service cost
Beban bunga (9,350) (7,903) (6,941) Interest cost
Biaya jasa lalu atas perubahan imbalan 14,588 - - Past service cost due to changes in benefits
(Kerugian)/keuntungan aktuarial (77,918) 131 (5,281) Actuarial (losses)/gains
Jumlah, disajikan sebagai bagian dari Total, included in personnel
beban tenaga kerja (89,418) (20,905) (24,034) expense
Sensitivitas dari liabilitas imbalan pascakerja lainnya The sensitivity of other post-employment obligations
terhadap perubahan asumsi aktuaria adalah sebagai to changes in the weighted assumptions is as follows:
berikut:
Dampak terhadap liabilitas imbalan pascakerja lainnya/
Impact on other post-retirement obligations
2025 2024 2023
Nilai kini imbalan Nilai kini imbalan Nilai kini imbalan
kerja lainnya/ kerja lainnya/ kerja lainnya/
Perubahan asumsi/ Present value of other Biaya jasa kini/ Present value of other Biaya jasa kini/ Present value of other Biaya jasa kini/
Change in assumption employee benefit obligation Current service cost employee benefit obligation Current service cost employee benefit obligation Current service cost
Tingkat diskonto Kenaikan/increase 1% 177,816 (14,135) 114,105 (8,667) 104,301 (8,150)
Penurunan/decrease 1% 208,014 16,063 132,571 9,799 121,679 9,228
Tingkat kenaikan gaji Kenaikan/increase 1% 203,883 11,932 132,580 9,808 121,652 9,201
Penurunan/decrease 1% 181,411 (10,540) 113,943 (8,829) 104,179 (8,272)
Analisis sensitivitas didasarkan pada perubahan atas The sensitivity analysis are based on a change in an
satu asumsi aktuarial dimana asumsi lainnya dianggap assumption while holding all other assumptions
konstan. Dalam perhitungan sensitivitas liabilitas constant. When calculating the sensitivity of the other
imbalan pascakerja lainnya atas asumsi aktuarial post-employment obligations to significant actuarial
utama, metode yang sama (perhitungan nilai kini assumptions, the same method (present value of the
liabilitas imbalan pascakerja lainnya dengan other post-employment obligations calculated with the
menggunakan metode projected unit credit di akhir projected unit credit method at the end of the reporting
tahun pelaporan) telah diterapkan seperti dalam year) has been applied as when calculating the
penghitungan kewajiban pensiun yang diakui dalam pension liability recognised within the consolidated
laporan posisi keuangan konsolidasian. statements of financial position.
Analisis jatuh tempo yang diharapkan (tidak Expected maturity analysis (undiscounted) of pension
didiskontokan) dari manfaat pensiun adalah sebagai benefit is as follows:
berikut:
Imbalan kerja jangka panjang lainnya/ Dalam 1 tahun/ Antara 1 sampai 5 tahun/ Lebih dari 5 tahun/ Jumlah/
Other long term benefit Within 1 year Between 1 to 5 years Over 5 years Total
2025 21,371 86,233 748,125 855,729
2024 13,972 59,500 520,932 594,404
2023 9,968 54,375 478,928 543,271
Halaman – 5/195 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 845
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
45. PROGRAM KEPEMILIKAN SAHAM DAN CADANGAN 45. EQUITY OWNERSHIP PLAN AND SHARE-BASED
KOMPENSASI BERBASIS SAHAM COMPENSATION RESERVE
Program Kepemilikan Saham (“EOP”) Equity Ownership Plan (“EOP”)
EOP diberikan pada bulan Maret 2011 oleh Grup CIMB The EOP was introduced in March 2011 by CIMB Group
dimana Grup CIMB dalam hal ini memberikan saham where CIMB Group will grant ordinary shares of CIMB
biasa atas Grup CIMB untuk karyawan-karyawan tertentu Group to selected employees of Bank CIMB Niaga
Senior Vice President (“SVP”) dan Executive Vice Senior Vice President (“SVP”) and Executive Vice
President (“EVP”) dan Dewan Direksi yang akan President (“EVP”) and Board of Directors which will be
dibebankan langsung kepada Bank CIMB Niaga. directly charged to Bank CIMB Niaga. Under the EOP,
Berdasarkan EOP tersebut, bagian dari remunerasi earmarked portions of variable remuneration of selected
karyawan-karyawan tertentu tersebut akan digunakan employees of Bank CIMB Niaga will be utilised to
untuk membeli saham biasa Grup CIMB dari pasar. purchase ordinary shares of CIMB Group from the
Saham yang dibeli akan diberikan secara progresif market. The purchased shares will be released
kepada karyawan yang berhak berdasarkan tanggal- progressively to the eligible employees at various dates
tanggal tertentu setelah tanggal pembelian, tergantung after the purchase date, subject to employment with
pada hubungan kerja antara karyawan tersebut dan Bank Bank CIMB Niaga.
CIMB Niaga.
Perusahaan terkait akan bertindak mewakili Grup CIMB A related company will act on behalf of CIMB Group to
untuk melakukan administrasi atas EOP dan menyimpan administer the EOP and to hold the shares in trust up to
saham tersebut sampai dengan tanggal penyerahan. the pre-determined transfer date. The eligibility of
Kelayakan akan keikutsertaan pada EOP ditentukan oleh participation in the EOP shall be at the discretion of the
kebijakan dari Group Compensation Review Committee Group Compensation Review Committee of
of CIMB Group. CIMB Group.
Apabila terjadi pemutusan hubungan kerja selain In the case of termination of employment other than
pensiun, cacat atau kematian, karyawan tidak akan retirement, disability or death, employee will not receive
mendapatkan saham-saham yang belum diberikan. any unreleased shares.
Berikut ini adalah rincian EOP yang diberikan oleh Grup Below is the detail of EOP granted by CIMB Group:
CIMB:
Jumlah yang dibayar Harga rata-rata
Bank kepada per lembar
perusahaan yang saham (nilai
dibentuk Grup Jumlah penuh)/
CIMB/Amount paid lembar saham Average price
by Bank to the (nilai penuh)/ per share Tranche/ Tranche
Tanggal pemberian entity established Total shares (full amount) Tanggal efektif/ Persentase/ Periode vesting/ Vesting
EOP /EOP granted date by CIMB Group (full amount) RM Effective date Percentage period
9 Maret/March dan/and 10,524 707,958 4.21 9 Maret/March dan/and 33.33% 31 Maret/March 2022
5 April/April 2021 5 April/April 2021 33.33% 31 Maret/March 2023
33.33% 31 Desember/December 2023
10 Maret/March 2022 4,340 238,000 5.32 10 Maret/March 2022 50.00% 31 Maret/March 2023
50.00% 31 Maret/March 2024
6,937 411,839 5.07 14 Maret/March 33.33% 31 Maret/March 2023
14 Maret/March dan/and
dan/and 8 April/April 33.33% 31 Maret/March 2024
8 April/April 2022
2022 33.33% 31 Desember/December 2024
7,291 436,734 5.02 24 Maret/March 33.33% 31 Maret/March 2024
24 Maret/March dan/and
dan/and 10 April/April 33.33% 31 Maret/March 2025
10 April/April 2023
2023 33.33% 31 Desember/December 2025
6,585 282,027 6.88 25 Maret/March 33.33% 31 Maret/March 2025
25 Maret/March dan/and
dan/and 3 April/April 33.33% 31 Maret/March 2026
3 April/April 2024
2024 33.33% 31 Desember/December 2026
25 Maret/March, 14 43,916 1,635,295 6.86 25 Maret/March, 14 33.33% 31 Maret/March 2026
April/April, dan/and 15 April/April, dan/and 15 33.33% 31 Maret/March 2027
April/April 2025 April/April 2025 33.33% 31 Desember/December 2027
Halaman – 5/196 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 846
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
45. PROGRAM KEPEMILIKAN SAHAM DAN CADANGAN 45. EQUITY OWNERSHIP PLAN AND SHARE-BASED
KOMPENSASI BERBASIS SAHAM (lanjutan) COMPENSATION RESERVE (continued)
Program Kepemilikan Saham (“EOP”) (lanjutan) Equity Ownership Plan (“EOP”) (continued)
Berikut ini adalah mutasi jumlah hak atas lembar saham Below is the movement of entitlements shares granted
yang telah diberikan (nilai penuh): (full amount):
2025 2024 2023
Saldo awal 546,050 775,085 1,005,414 Beginning balance
Diberikan 1,635,295 282,027 436,734 Granted
(*) (*)
Eksekusi (437,043) (511,062) (667,063) Exercised
Saldo akhir 1,744,302 546,050 775,085 Ending balance
(*) (*)
Vested/ pengunduran diri Vested/resignation
Cadangan Kompensasi Berbasis Saham Share-based Compensation Reserve
Cadangan kompensasi berbasis saham pada tanggal The share-based compensation reserve as of
31 Desember 2025 sebesar Rp 84.332 31 December 2025 amounting to Rp 84,332
(2024: Rp 90.994; 2023: Rp 137.123) digunakan untuk (2024: Rp 90,994; 2023: Rp 137,123) is used to record
mencatat cadangan atas Material Risk Taker (“MRT”) dan the reserve of Material Risk Taker (“MRT”) and Long
Long Term Incentive Plan (“LTIP”). Term Incentive Plan (“LTIP”).
Cadangan kompensasi berbasis saham juga digunakan The share-based compensation reserve is also used to
untuk mencatat saham yang diberikan untuk karyawan, record the shares given to employees, but not exercised
namun belum dieksekusi sehubungan dengan program in relation with Material Risk Taker (“MRT”) programme
Material Risk Taker (“MRT”) dalam rangka pemenuhan in accordance with POJK No. 45/POJK.03/2015 dated
POJK No. 45/POJK.03/2015 tanggal 23 Desember 2015 23 December 2015 regarding the Implementation of
tentang Penerapan Tata Kelola Dalam Pemberian Governance in Providing Remuneration for Commercial
Remunerasi Bagi Bank Umum. Banks.
MRT merupakan kebijakan remunerasi dalam mendukung MRT is a remuneration policy in supporting the
penerapan tata kelola sistem Remunerasi Berbasis Risiko, implementation of Risk-Based Remuneration
agar pengambilan keputusan dilakukan dengan governance, as such decision making is carried out by
mempertimbangkan segala risiko secara cermat dan considering all risks carefully and cautiously (prudent risk
berhati-hati (prudent risk taking) sehingga kelangsungan taking) in order to maintain the continuity of the Bank’s
usaha dan reputasi Bank senantiasa terjaga. business and reputation.
Halaman – 5/197 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 847
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
45. PROGRAM KEPEMILIKAN SAHAM DAN CADANGAN 45. EQUITY OWNERSHIP PLAN AND SHARE-BASED
KOMPENSASI BERBASIS SAHAM (lanjutan) COMPENSATION RESERVE (continued)
Cadangan Kompensasi Berbasis Saham (lanjutan) Share-based Compensation Reserve (continued)
Cadangan kompensasi berbasis saham juga digunakan The share-based compensation reserves are also used
untuk mencatat cadangan saham untuk program Long to record share reserves for the Long Term Incentive
Term Incentive Plan (“LTIP”) yang dimulai pada September Plan (“LTIP”) program starting in June 2021. The LTIP
2021. Program LTIP merupakan program CIMB Group program is a CIMB Group program in the form of share-
berupa pemberian kompensasi saham dan opsi saham based compensation and share options of CIMB Group
CIMB Group secara bertahap. Program LTIP diberikan in stages. The LTIP program is given to Bank employees
kepada karyawan Bank yang memenuhi kriteria tertentu who meet certain criteria based on the policy of the LTIP
berdasarkan kebijakan Komite LTIP CIMB Group dengan Committee of CIMB Group by taking into account the
mempertimbangkan hubungan kerja, kinerja karyawan dan employment relationship, employee and the Bank’s
Bank. performance.
46. LABA PER SAHAM DASAR DAN DILUSIAN 46. BASIC AND DILUTIVE EARNINGS PER SHARE
Laba per saham dasar Basic earnings per share
Laba per saham dasar dihitung dengan membagi laba Basic earnings per share is calculated by dividing the net
bersih yang tersedia bagi pemegang saham dengan rata- profit attributable to shareholders by the weighted
rata tertimbang saham biasa yang beredar pada tahun average number of outstanding ordinary shares during
yang bersangkutan. the year.
2025 2024 2023
Laba bersih yang tersedia Net profit attributable
bagi pemegang saham 6,876,537 6,825,773 6,474,195 to shareholders
Weighted average number of
Rata-rata tertimbang saham ordinary share on issue
biasa yang beredar (dalam ribuan) (in thousands) (including capital
(termasuk dana setoran modal) * 25,140,136 25,132,346 24,953,789 paid in advance) *
Laba per saham dasar Basic earnings per share
(nilai penuh) 273.53 271.59 259.45 (full amount)
*) Rata-rata tertimbang saham biasa yang beredar dihitung berdasarkan jumlah *) The weighted average number of ordinary shares on issue is calculated based
saham biasa yang beredar pada posisi tiap akhir bulan sesuai dengan data dari on the number of outstanding ordinary shares at the end of month based on
Biro Administrasi Efek the data from Securities Administration Bureau
Laba per saham dilusian Dilutive earnings per share
Dalam perhitungan laba bersih per saham dilusian jumlah Diluted earnings per share is calculated by adjusting the
rata-rata tertimbang jumlah saham biasa yang beredar weighted average number of outstanding ordinary shares
disesuaikan dengan asumsi bahwa semua efek berpotensi to assume conversion of all dilutive potential ordinary
saham biasa yang sifatnya dilutif dikonversi. shares.
Pada tanggal 31 Desember 2025, 2024, dan 2023, As at 31 December 2025, 2024, and 2023, Bank CIMB
Bank CIMB Niaga dan Entitas Anak tidak memiliki potensi Niaga and Subsidiaries have no dilutive potential shares.
saham yang bersifat dilutif.
Halaman – 5/198 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 848
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
47. KOMITMEN DAN KONTINJENSI - BERSIH 47. COMMITMENTS AND CONTINGENCIES - NET
Dalam bisnis normal perbankan, Bank CIMB Niaga As part of normal banking business, Bank CIMB Niaga
mempunyai komitmen dan kontinjensi yang tidak disajikan has commitments and contingencies that are not
dalam laporan posisi keuangan konsolidasian. presented in the consolidated statements of financial
position.
Ikhtisar komitmen dan kontinjensi Bank CIMB Niaga yang The following is the summary of Bank CIMB Niaga’s
dinyatakan dalam nilai kontrak setara dengan mata uang commitments and contingencies at the equivalent Rupiah
Rupiah adalah: contractual amounts:
2025 2024 2023
KOMITMEN COMMITMENTS
Liabilitas komitmen Commitments liabilities
Fasilitas penyediaan dana yang Unutilised portion of
belum digunakan (105,485,135) (104,684,718) (97,252,341) fund facilities
Irrevocable letters of credit Outstanding irrevocable
yang masih berjalan (2,143,677) (1,855,914) (1,625,442) letters of credit
Lain-lain (533,538) (481,003) (4,701) Others
Jumlah liabilitas komitmen - bersih (108,162,350) (107,021,635) (98,882,484) Total commitments liabilities - net
KONTINJENSI CONTINGENCIES
Tagihan kontinjensi Contingent receivables
Garansi yang diterima 34,913 28,287 33,576 Guarantees received
Penghasilan bunga Interest receivable on
dalam penyelesaian 592,949 585,478 607,456 non-performing assets
Jumlah tagihan kontinjensi 627,862 613,765 641,032 Total contingent receivables
Liabilitas kontinjensi Contingent liabilities
Garansi yang diterbitkan (6,682,641) (5,888,091) (5,364,148) Guarantees issued
Kontinjensi - bersih (6,054,779) (5,274,326) (4,723,116) Contingencies - net
KOMITMEN DAN KONTINJENSI COMMITMENTS AND
- BERSIH (114,217,129) (112,295,961) (103,605,600) CONTINGENCIES - NET
Komitmen dan kontinjensi yang berhubungan dengan The commitments and contingencies relating to derivative
derivatif disajikan di Catatan 11. transaction are disclosed in Note 11.
Halaman – 5/199 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 849
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
48. TRANSAKSI DENGAN PIHAK-PIHAK BERELASI 48. RELATED PARTIES TRANSACTIONS
Bank CIMB Niaga secara mayoritas dimiliki oleh CIMB Bank CIMB Niaga is majority owned by CIMB Group Sdn
Group Sdn Bhd, Malaysia. Kepemilikan minoritas dipegang Bhd, Malaysia. The remaining minority shares are widely
dan dimiliki oleh banyak pihak. Lihat Catatan 33 untuk held. For information on the ultimate parent company of
informasi mengenai pemegang saham utama dari CIMB CIMB Group Sdn Bhd, refer to Note 33.
Group Sdn Bhd.
Sifat Hubungan Berelasi Nature of Relationship
Pihak-pihak berelasi adalah perusahaan dan perorangan Related parties are companies and individuals who directly
yang mempunyai keterkaitan kepemilikan atau or indirectly have relationships with Bank CIMB Niaga
kepengurusan secara langsung maupun tidak langsung through ownership or management. Information of
dengan Bank CIMB Niaga. Informasi Entitas Anak Subsidiaries is disclosed in Note 1c. The controlling and
diungkapkan pada Catatan 1c. Pemegang saham majority shareholder, parent of majority shareholder, and
pengendali dan mayoritas, induk dari pemegang saham the ultimate shareholders are disclosed in Note 33.
mayoritas, dan pemegang saham akhir diungkapkan pada
Catatan 33.
Pihak berelasi/ Sifat dari hubungan/ Sifat dari transaksi/
Related parties Nature of relationship Nature of transactions
CIMB Bank Berhad Dimiliki oleh pemegang saham akhir yang Giro pada bank lain; Aset lain-lain; Tagihan derivatif;
sama/Owned by the same ultimate shareholder Simpanan dari bank lain; Liabilitas derivatif;
Liabilitas segera/Current Account with other banks;
Other assets; Derivative receivables; Deposits from
other banks; Derivative payables; Obligations due
immediately
CIMB Thai Bank Public Dimiliki oleh pemegang saham akhir yang Giro pada bank lain; Simpanan dari bank
Company Limited sama/Owned by the same ultimate shareholder lain/Current Account with other banks; Deposits
from other banks
PT Niaga Manajemen Dikelola oleh pejabat eksekutif Bank CIMB Aset hak-guna; Simpanan dari nasabah; Liabilitas
Citra Niaga/Managed by Bank CIMB Niaga’s executive lain-lain/Right-of-use assets; Deposits from
officers customers; Others liabilities
CIMB Group Sdn Bhd Pemegang saham mayoritas/ Simpanan dari bank lain; Beban yang masih harus
Majority shareholder dibayar; Pinjaman Subordinasi/Deposits from other
banks; Accruals; Subordinated loans
PT Synergy Dharma Dimiliki oleh pemegang saham akhir yang Simpanan dari nasabah/Deposits from customers
Nayaga sama/Owned by the same ultimate shareholder
Halaman – 5/200 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 850
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
48. TRANSAKSI DENGAN PIHAK-PIHAK BERELASI 48. RELATED PARTIES TRANSACTIONS (continued)
(lanjutan)
Sifat Hubungan Berelasi (lanjutan) Nature of Relationship (continued)
Pihak berelasi/ Sifat dari hubungan/ Sifat dari transaksi/
Related parties Nature of relationship Nature of transactions
PT Commerce Kapital Dimiliki oleh pemegang saham akhir yang Simpanan dari nasabah/Deposits from customers
sama/Owned by the same ultimate shareholder
Southeast Asia Special Dimiliki oleh pemegang saham akhir yang Simpanan dari nasabah/Deposits from customers
Asset Vehicle Limited sama/Owned by the same ultimate shareholder
PT Principal Asset Dimiliki oleh pemegang saham akhir yang Simpanan dari nasabah/Deposits from customers
Management sama/Owned by the same ultimate shareholder
CIMB Private Equity Dimiliki oleh pemegang saham akhir yang Simpanan dari nasabah/Deposits from customers
Sdn Bhd sama/Owned by the same ultimate shareholder
Dana Pensiun Bank Dikelola oleh pejabat eksekutif Bank CIMB Simpanan dari nasabah/Deposits from customers
CIMB Niaga Niaga/Managed by Bank CIMB Niaga’s executive
officers
CIMB Group Holdings Pemegang saham akhir/Ultimate shareholder Simpanan dari bank lain/Deposits from other banks
Berhad
CIMB Islamic Bank Dimiliki oleh pemegang saham akhir yang Simpanan dari bank lain/Deposits from other banks
Berhad sama/Owned by the same ultimate shareholder
CIMB Investment Bank Dimiliki oleh pemegang saham akhir yang Aset lain-lain; Simpanan dari bank lain; Liabilitas
Berhad sama/Owned by the same ultimate shareholder segera/Other Assets; Deposits from other banks;
Obligations due immediately
CIMB Bank Plc - Dimiliki oleh pemegang saham akhir yang Simpanan dari bank lain/Deposits from other banks
Cambodia sama/Owned by the same ultimate shareholder
Dewan Komisaris, Manajemen Bank CIMB Kredit yang diberikan;Pendapatan bunga yang
Dewan Direksi, dan Niaga/Management of Bank CIMB masih akan diterima; Simpanan dari
Pejabat Eksekutif Niaga nasabah/Loans;Accrued interest income; Deposits
Bank/Board of from customers
Commissioners, Board
of Directors, and
Executive Bank Officers
Halaman – 5/201 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 851
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
48. TRANSAKSI DENGAN PIHAK-PIHAK BERELASI 48. RELATED PARTIES TRANSACTIONS (continued)
(lanjutan)
Transaksi dan saldo dengan pihak berelasi Transactions and balances with related parties
Transaksi dengan pihak-pihak berelasi terutama The related party transactions primarily related to lending
berhubungan dengan pinjam-meminjam dana dalam and borrowing of funds in the normal course of their
kegiatan normal usaha. business.
Rincian transaksi dan saldo dengan pihak-pihak yang The details of transactions and balances with related
berelasi adalah: parties were as follows:
2025 2024 2023
Aset Assets
Giro pada Bank Lain Current account with Other Banks
- Pihak yang dimiliki oleh pemegang Parties owned -
saham akhir yang sama by the same ultimate shareholder
CIMB Bank Berhad 45,170 49,822 19,395 CIMB Bank Berhad
CIMB Thai Bank Public Company Limited 6,638 11,231 5,334 CIMB Thai Bank Public Company Limited
51,808 61,053 24,729
Kredit yang diberikan Loans
- Manajemen Bank CIMB Niaga Management of Bank CIMB Niaga -
Dewan Komisaris 14,799 8,516 9,568 Board of Commissioners
Dewan Direksi 26,339 25,935 87,446 Board of Directors
Pejabat Eksekutif Bank 105,165 87,873 73,743 Executive Bank Officers
146,303 122,324 170,757
Aset hak-guna Right-of-use assets
- Pihak yang dikelola oleh pejabat Parties managed by -
eksekutif Bank CIMB Niaga Bank CIMB Niaga's executive officers
PT Niaga Manajemen Citra 119,458 137,700 115,392 PT Niaga Manajemen Citra
Tagihan derivatif Derivative Receivables
- Pihak yang dimiliki oleh pemegang Parties owned -
saham akhir yang sama by the same ultimate shareholder
CIMB Bank Berhad 28,985 22,140 18,805 CIMB Bank Berhad
Pendapatan bunga yang masih akan diterima Accrued interest income
- Manajemen Bank CIMB Niaga Management of Bank CIMB Niaga -
Dewan Komisaris 39 40 31 Board of Commissioners
Dewan Direksi 49 59 69 Board of Directors
Pejabat Eksekutif Bank 103 116 139 Executive Bank Officers
191 215 239
Aset lain-lain Other assets
- Pihak yang dimiliki oleh pemegang Parties owned -
saham akhir yang sama by the same ultimate shareholder
CIMB Bank Berhad 3,135,423 664,740 654,271 CIMB Bank Berhad
CIMB Investment Bank Berhad 5,570 - - CIMB Investment Bank Berhad
3,140,993 664,740 654,271
Jumlah aset yang terkait dengan Total asset associated with
pihak-pihak berelasi 3,487,738 1,008,172 984,193 related parties
Sebagai persentase terhadap As a percentage
jumlah aset 0.94% 0.28% 0.29% to total assets
Halaman – 5/202 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 852
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
48. TRANSAKSI DENGAN PIHAK-PIHAK BERELASI 48. RELATED PARTIES TRANSACTIONS (continued)
(lanjutan)
Transaksi dan saldo dengan pihak berelasi (lanjutan) Transactions and balances with related parties
(continued)
Rincian transaksi dan saldo dengan pihak-pihak yang The details of transactions and balances with related
berelasi adalah: (lanjutan) parties were as follows: (continued)
2025 2024 2023
Liabilitas Liabilities
Simpanan dari nasabah Deposits from customers
- Giro Demand deposits -
- Manajemen Bank CIMB Niaga Management of Bank CIMB Niaga -
Dewan Komisaris 11,616 9,378 5,232 Board of Commissioners
Dewan Direksi 23 84 247 Board of Directors
Pejabat Eksekutif Bank 9 19 - Executive Bank Officers
11,648 9,481 5,479
- Pihak yang dimiliki oleh pemegang Parties owned -
saham akhir yang sama by the same ultimate shareholder
PT Synergy Dharma Nayaga 104,994 103,921 102,721 PT Synergy Dharma Nayaga
PT Commerce Kapital 69,034 129,253 97,566 PT Commerce Kapital
Southeast Asia Special Asset Vehicle Limited 10,586 10,673 10,575 Southeast Asia Special Asset Vehicle Limited
PT Principal Asset Management 982 491 967 PT Principal Asset Management
CIMB Private Equity Sdn Bhd 109 109 110 CIMB Private Equity Sdn Bhd
CIMB Securities Limited - - 497 CIMB Securities Limited
185,705 244,447 212,436
- Pihak yang dikelola oleh pejabat Parties managed by -
eksekutif Bank CIMB Niaga Bank CIMB Niaga's executive officers
PT Niaga Manajemen Citra 10 2 20 PT Niaga Manajemen Citra
Dana Pensiun Bank CIMB Niaga 208 3 691 Dana Pensiun Bank CIMB Niaga
218 5 711
197,571 253,933 218,626
- Tabungan Saving deposits -
- Manajemen Bank CIMB Niaga Management of Bank CIMB Niaga -
Dewan Komisaris 25,905 18,569 15,526 Board of Commissioners
Dewan Direksi 121,517 113,402 87,926 Board of Directors
Pejabat Eksekutif Bank 165,799 169,886 150,334 Executive Bank Officers
313,221 301,857 253,786
- Pihak yang dikelola oleh pejabat Parties managed by -
eksekutif Bank CIMB Niaga Bank CIMB Niaga's executive officers
Dana Pensiun Bank CIMB Niaga 374 5 4 Dana Pensiun Bank CIMB Niaga
374 5 4
313,595 301,862 253,790
- Deposito berjangka Time deposits -
- Manajemen Bank CIMB Niaga Management of Bank CIMB Niaga -
Dewan Komisaris 2,300 3,732 5,950 Board of Commissioners
Dewan Direksi 7,052 4,974 3,516 Board of Directors
Pejabat Eksekutif Bank 10,924 13,966 22,169 Executive Bank Officers
20,276 22,672 31,635
- Pihak yang dimiliki oleh pemegang Parties owned -
saham akhir yang sama by the same ultimate shareholder
PT Principal Asset Management 1,500 4,100 7,000 PT Principal Asset Management
1,500 4,100 7,000
- Pihak yang dikelola oleh pejabat Parties controlled by Bank -
eksekutif Bank CIMB Niaga CIMB Niaga's executive officers
Dana Pensiun Bank CIMB Niaga - 3,735 540 Dana Pensiun Bank CIMB Niaga
- 3,735 540
21,776 30,507 39,175
Halaman – 5/203 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 853
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
48. TRANSAKSI DENGAN PIHAK-PIHAK BERELASI 48. RELATED PARTIES TRANSACTIONS (continued)
(lanjutan)
Transaksi dan saldo dengan pihak berelasi (lanjutan) Transactions and balances with related parties
(continued)
Rincian transaksi dan saldo dengan pihak-pihak yang The details of transactions and balances with related
berelasi adalah: (lanjutan) parties were as follows: (continued)
2025 2024 2023
Simpanan dari bank lain Deposits from other banks
- Giro Demand deposit -
- Pihak yang dimiliki oleh pemegang Parties owned -
saham akhir yang sama by the same ultimate shareholder
CIMB Bank Berhad 75,211 93,819 86,838 CIMB Bank Berhad
CIMB Islamic Bank Berhad 3,331 8,327 4,455 CIMB Islamic Bank Berhad
CIMB Thai Bank Public Company Limited 2,067 570 2,060 CIMB Thai Bank Public Company Limited
CIMB Investment Bank Berhad 73 198 534 CIMB Investment Bank Berhad
CIMB Bank Plc - Cambodia 142 - - CIMB Bank Plc - Cambodia
80,824 102,914 93,887
- Pemegang saham mayoritas Majority shareholder -
CIMB Group Sdn Bhd 71,976 21,147 23 CIMB Group Sdn Bhd
- Pemegang saham akhir Ultimate shareholder -
CIMB Group Holdings Berhad 4 4 5 CIMB Group Holdings Berhad
152,804 124,065 93,915
Liabilitas derivatif Derivative payables
- Pihak yang dimiliki oleh pemegang Parties owned -
saham akhir yang sama by the same ultimate shareholder
CIMB Bank Berhad 24,211 15,751 19,907 CIMB Bank Berhad
Pinjaman subordinasi Subordinated loans
- Pemegang saham mayoritas Majority shareholder -
CIMB Group Sdn Bhd - 35,767 35,996 CIMB Group Sdn Bhd
Liabilitas segera Obligations due immediately
- Pihak yang dimiliki oleh pemegang Parties owned -
saham akhir yang sama by the same ultimate shareholder
CIMB Bank Berhad 455,446 384,166 91,885 CIMB Bank Berhad
CIMB Investment Bank Berhad 52,243 37,448 - CIMB Investment Bank Berhad
507,689 421,614 91,885
Liabilitas lain-lain Others liabilities
- Pihak yang dikelola oleh pejabat Parties managed by -
eksekutif Bank CIMB Niaga Bank CIMB Niaga's executive officers
PT Niaga Manajemen Citra 40,699 52,785 77,526 PT Niaga Manajemen Citra
Beban yang masih harus dibayar Accruals
- Pemegang saham mayoritas Majority shareholder -
CIMB Group Sdn Bhd - 460 460 CIMB Group Sdn Bhd
Jumlah liabilitas yang terkait dengan Total liabilities associated with
pihak-pihak berelasi 1,258,345 1,236,745 831,280 related parties
Sebagai persentase terhadap jumlah liabilitas 0.40% 0.40% 0.29% As a percentage to total liabilities
Halaman – 5/204 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 854
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
48. TRANSAKSI DENGAN PIHAK-PIHAK BERELASI 48. RELATED PARTIES TRANSACTIONS (continued)
(lanjutan)
Transaksi dan saldo dengan pihak berelasi (lanjutan) Transactions and balances with related parties
(continued)
Rincian transaksi dan saldo dengan pihak-pihak yang The details of transactions and balances with related
berelasi adalah: (lanjutan) parties were as follows: (continued)
2025 2024 2023
Pendapatan bunga Interest income
- Manajemen Bank CIMB Niaga Management of Bank CIMB Niaga -
Dewan Komisaris 1,379 145 777 Board of Commissioners
Dewan Direksi 2,674 287 5,858 Board of Directors
Pejabat Eksekutif Bank 12,877 1,120 3,651 Executive Bank Officers
16,930 1,552 10,286
- Pihak yang dimiliki oleh pemegang saham akhir yang sama Parties owned by the same ultimate shareholder -
CIMB Bank Berhad 1,416 491 548 CIMB Bank Berhad
Jumlah pendapatan bunga yang terkait dengan Total interest income associated with
pihak-pihak berelasi 18,346 2,043 10,834 related parties
Sebagai persentase terhadap jumlah pendapatan bunga 0.07% 0.01% 0.05% As a percentage to total interest income
Beban bunga Interest expense
- Manajemen Bank CIMB Niaga Management of Bank CIMB Niaga -
Dewan Komisaris 2,184 692 807 Board of Commissioners
Dewan Direksi 24,578 3,903 3,537 Board of Directors
Pejabat Eksekutif Bank 33,328 12,245 7,466 Executive Bank Officers
60,090 16,840 11,810
- Pihak yang dimiliki oleh pemegang saham akhir yang sama Parties owned by the same ultimate shareholder -
CIMB Bank Berhad 12,351 4,132 8,067 CIMB Bank Berhad
PT Commerce Kapital 1,759 1,731 1,267 PT Commerce Kapital
PT Synergy Dharma Nayaga 1,390 1,502 1,480 PT Synergy Dharma Nayaga
PT Principal Asset Management 137 305 287 PT Principal Asset Management
Southeast Asia Special Asset Vehicle Limited 15 15 20 Southeast Asia Special Asset Vehicle Limited
CIMB Investment Bank- Berhad 1 8 2 CIMB Investment Bank- Berhad
CIMB Securities Limited - - 3 CIMB Securities Limited
15,653 7,693 11,126
- Pihak yang dikelola oleh pejabat eksekutif Party managed by Bank CIMB Niaga's -
Bank CIMB Niaga executive officers
Dana Pensiun Bank CIMB Niaga 52 14 23 Dana Pensiun Bank CIMB Niaga
52 14 23
- Pemegang saham mayoritas Majority shareholder -
CIMB Group Sdn Bhd 3,756 821 192 CIMB Group Sdn Bhd
3,756 821 192
Jumlah beban bunga yang terkait dengan Total interest expense associated with
pihak-pihak berelasi 79,551 25,368 23,151 related parties
Sebagai persentase terhadap jumlah beban bunga 0.71% 0.23% 0.26% As a percentage to total interest expense
Beban Tenaga Kerja Personnel expenses
- Pihak yang dikelola oleh pejabat Parties managed by -
eksekutif Bank CIMB Niaga Bank CIMB Niaga's executive officers
PT Niaga Manajemen Citra 4,755 4,755 4,407 PT Niaga Manajemen Citra
Jumlah beban tenaga kerja 4,755 4,755 4,407 Total personnel expenses
Beban umum dan administrasi General and administrative expenses
- Pihak yang dikelola oleh pejabat Parties managed by -
eksekutif Bank CIMB Niaga Bank CIMB Niaga's executive officers
PT Niaga Manajemen Citra 14,645 22,304 6,493 PT Niaga Manajemen Citra
Jumlah beban umum dan administrasi 14,645 22,304 6,493 Total general and administrative expenses
Halaman – 5/205 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 855
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
48. TRANSAKSI DENGAN PIHAK-PIHAK BERELASI 48. RELATED PARTIES TRANSACTIONS (continued)
(lanjutan)
Transaksi dan saldo dengan pihak berelasi (lanjutan) Transactions and balances with related parties
(continued)
Rincian transaksi dan saldo dengan pihak-pihak yang The details of transactions and balances with related
berelasi adalah: (lanjutan) parties were as follows: (continued)
2025 2024 2023
Keuntungan yang belum direalisasi - Derivatif Unrealised gain Derivative
- Pihak yang dimiliki oleh pemegang saham Parties under same ultimate -
akhir yang sama shareholder
CIMB Bank Berhad 13,837 4,983 - CIMB Bank Berhad
Jumlah Keuntungan yang belum direalisasi Derivatif 13,837 4,983 - Total unrealised gain Derivative
Provisi dan komisi lainnya Other fees and commissions
- Pemegang saham mayoritas Majority shareholder -
CIMB Group Sdn Bhd 10,047 10,867 10,638 CIMB Group Sdn Bhd
- Pihak yang dimiliki oleh pemegang saham Parties under same ultimate -
akhir yang sama shareholder
CIMB Investment Bank Berhad 18,076 - - CIMB Investment Bank Berhad
Jumlah provisi dan komisi lainnya yang terkait Total other fees and commissions associated with
dengan pihak-pihak berelasi 28,123 10,867 10,638 related parties
Sebagai persentase terhadap jumlah
provisi dan komisi lainnya 0.95% 0.36% 0.34% As a percentage to total other fees and commissions
49. KEPENTINGAN NON-PENGENDALI 49. NON-CONTROLLING INTEREST
a. Kepentingan non-pengendali atas kekayaan bersih a. The non-controlling interest in the net assets of
Entitas Anak adalah: Subsidiaries were as follows:
2025 2024 2023
Saldo awal 197,140 144,827 84,373 Beginning balance
Akuisisi anak perusahaan Acquisition of Subsidiary
Bagian keuntungan bersih tahun berjalan 58,848 73,161 77,206 Net income current year
Penghasilan komprehensif lain 161 843 (325) Other comprehensive income
Perubahan kepentingan nonpengendali atas transaksi Changes in non-controlling interests due to other transactions
lainnya dengan kepentingan nonpengendali - (13) - with non-controlling interests
Pembagian dividen tunai Entitas Anak (38,823) (21,678) (16,492) Distribution of cash dividend by Subsidiaries
Pelepasan saham treasuri - - 65 Issuance of treasury shares
Saldo akhir kepentingan Ending balance of non-controlling
nonpengendali 217,326 197,140 144,827 interests
Halaman – 5/206 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 856
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
49. KEPENTINGAN NON-PENGENDALI (lanjutan) 49. NON-CONTROLLING INTEREST (continued)
b. Kepentingan non-pengendali atas laba bersih Entitas b. The non-controlling interest in the net income of
Anak adalah: Subsidiaries were as follows:
2025 2024 2023
PT CIMB Niaga Auto Finance 58,878 71,767 77,111 PT CIMB Niaga Auto Finance
PT CIMB Niaga Sekuritas (30) 1,394 95 PT CIMB Niaga Sekuritas
58,848 73,161 77,206
50. INFORMASI SEGMEN USAHA 50. OPERATING SEGMENTS INFORMATION
Bank CIMB Niaga telah menyajikan segmen operasi Bank CIMB Niaga presents operating segments based on
berdasarkan informasi yang disiapkan secara internal the information that is internally provided to the chief
untuk pengambil keputusan operasional. Pengambil operating decision maker. The Bank’s chief operating
keputusan operasional Bank adalah Dewan Direksi. decision maker is Board of Directors. This accounting policy
Kebijakan akuntansi ini merupakan penerapan PSAK 108 is due to the adoption of SFAS 108 (Revised 2014),
(Revisi 2014), “Segmen Operasi”. “Operating Segments”.
Segmen operasi dilaporkan sesuai dengan laporan Operating segments are reported in accordance with the
internal yang disiapkan untuk pengambil keputusan internal reporting provided to the chief operating decision
operasional yang bertanggung jawab untuk maker, which is responsible for allocating resources to the
mengalokasikan sumber daya ke segmen tertentu dan reportable segments and assesses its performance. All
melakukan penilaian atas performanya. Seluruh segmen operating segments used by Bank CIMB Niaga meet the
operasi yang digunakan oleh Bank CIMB Niaga telah definition of a reportable segment under SFAS 108
memenuhi kriteria pelaporan berdasarkan PSAK 108 (Revised 2014).
(Revisi 2014).
Bank CIMB Niaga memiliki 7 (tujuh) pelaporan segmen. Bank CIMB Niaga has 7 (seven) reportable segments. The
Di bawah ini merupakan penjelasan mengenai operasi dari following describes the operations in each of Bank CIMB
masing-masing pelaporan segmen yang dimiliki oleh Bank Niaga’s reportable segments:
CIMB Niaga:
- Korporasi - termasuk kredit yang diberikan, simpanan - Corporate - includes loans, deposits and other
dan transaksi-transaksi lain, serta saldo atas nasabah transactions, and balances with corporate customers;
korporasi;
- Bisnis - merupakan produk dan jasa untuk nasabah - Business - includes products and services for
yang berskala kecil hingga sedang; customer segments comprising small to medium
scale enterprises;
- Ritel - fokus kepada produk dan jasa kepada nasabah - Retail - focuses on products and services for
individual. Segmen ini termasuk fasilitas kredit yang individual customers. It includes products such as
diberikan, simpanan dan transaksi-transaksi lain, loans, deposits and others transactions, and balances
serta saldo atas nasabah ritel; with retail customers;
Halaman – 5/207 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 857
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
50. INFORMASI SEGMEN USAHA (lanjutan) 50. OPERATING SEGMENTS INFORMATION (continued)
Bank CIMB Niaga memiliki 7 (tujuh) pelaporan segmen. Di Bank CIMB Niaga has 7 (seven) reportable segments. The
bawah ini merupakan penjelasan mengenai operasi dari following describes the operations in each of Bank CIMB
masing-masing pelaporan segmen yang dimiliki oleh Bank Niaga’s reportable segments: (continued)
CIMB Niaga: (lanjutan)
- Tresuri - segmen ini terkait dengan kegiatan tresuri - Treasury - this segment undertakes Bank CIMB
Bank CIMB Niaga termasuk transaksi valuta asing, Niaga’s treasury activities which include foreign
money market, derivatif, serta investasi dalam bentuk exchange, money market, derivatives, and investing
penempatan dan efek-efek; in placements and securities transactions;
- Syariah - seluruh transaksi yang dilakukan oleh Unit - Sharia - includes all transactions relating to Sharia
Usaha Syariah; Business Unit;
- Lain-lain - termasuk aktivitas back office dan divisi - Others - includes all back office activities and non-
yang tidak menghasilkan laba di Bank CIMB Niaga. profit center divisions in Bank CIMB Niaga. Thus, it
Lain-lain termasuk jasa korporasi, penjualan dan includes corporate service, sales and distribution, and
distribusi, serta lain-lain; dan others; and
- Entitas Anak - termasuk seluruh transaksi yang timbul - Subsidiaries - includes all transactions relating to
dan dilakukan berdasarkan bisnis Entitas Anak. Subsidiaries businesses.
Informasi yang berkaitan dengan segmen usaha utama Information concerning the main business segments of
dari Bank CIMB Niaga dan Entitas Anak disajikan dalam Bank CIMB Niaga and Subsidiaries is presented in the
tabel di bawah ini. table below.
2025
Entitas
Korporasi/ Bisnis/ Ritel/ Tresuri/ Syariah/ Lain-lain/ Anak/ Jumlah/
Corporate Business Retail Treasury Sharia Others Subsidiaries Total
Penghasilan/(beban) bunga bersih 2,378,091 2,398,674 4,997,535 777,735 1,906,816 (331,898) 1,349,336 13,476,289 Net interest income/(expense)
-Pendapatan/(beban) dari pihak eksternal 3,033,903 2,328,559 2,067,808 2,793,448 2,001,772 (98,537) 1,349,336 13,476,289 Income/(expense) from external parties -
-Pendapatan/(beban) antar segmen (655,812) 70,115 2,929,727 (2,015,713) (94,956) (233,361) - - Inter-segment income/(expense) -
Kerugian penurunan nilai atas aset Impairment losses on financial and
keuangan dan nonkeuangan - bersih 550,459 (376,953) (586,030) (835) (492,599) (9,863) (769,636) (1,685,457) non-financial assets - net
Provisi dan komisi lainnya 516,235 360,565 1,331,235 38,384 480,444 (219,366) 451,429 2,958,926 Other fees and commissions
Penghasilan operasional lainnya 7,894 310,675 258,876 2,145,049 198,789 9 79,181 3,000,473 Other operating income
Beban tenaga kerja (245,168) (488,307) (1,918,429) (159,635) (208,826) (2,010,771) (261,993) (5,293,129) Personnel expenses
Beban umum dan administrasi (70,039) (78,750) (1,673,697) (71,347) (118,573) (1,431,427) (224,252) (3,668,085) General and administrative expenses
Beban lain-lain (1) (64) (4,832) (10) (53) (1,510) (462) (6,932) Other expenses
Laba/(rugi) operasional bersih 3,137,471 2,125,840 2,404,658 2,729,341 1,765,998 (4,004,826) 623,603 8,782,085 Net operating income/(loss)
(Beban)/penghasilan bukan Non-operating
operasional - bersih 19,826 72 20,091 193,737 109 (189,712) (443) 43,680 (expense)/income - net
Laba/(rugi) sebelum pajak penghasilan 3,157,297 2,125,912 2,424,749 2,923,078 1,766,107 (4,194,538) 623,160 8,825,765 Income/(loss) before income tax
Beban pajak penghasilan - - - - - (1,795,802) (94,578) (1,890,380) Income tax expense
Laba/(rugi) bersih 3,157,297 2,125,912 2,424,749 2,923,078 1,766,107 (5,990,340) 528,582 6,935,385 Net income/(loss)
Kepentingan nonpengendali - - - - - (58,848) - (58,848) Non-controlling interest
Jumlah aset 80,827,279 49,973,216 45,861,477 102,982,540 70,224,032 7,003,663 15,826,686 372,698,893 Total assets
+ + + ++ ++ ++ ++
Jumlah liabilitas 63,117,988 58,811,234 103,744,225 25,552,909 51,023,829 3,273,360 9,018,165 314,541,710 Total liabilities
Halaman – 5/208 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 858
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
50. INFORMASI SEGMEN USAHA (lanjutan) 50. OPERATING SEGMENTS INFORMATION (continued)
Informasi yang berkaitan dengan segmen usaha utama Information concerning the main business segments of
dari Bank CIMB Niaga dan Entitas Anak disajikan dalam Bank CIMB Niaga and Subsidiaries is presented in the
tabel di bawah ini. (lanjutan) table below. (continued)
2024
Entitas
Korporasi/ Bisnis/ Ritel/ Tresuri/ Syariah/ Lain-lain/ Anak/ Jumlah/
Corporate Business Retail Treasury Sharia Others Subsidiaries Total
Penghasilan/(beban) bunga bersih 2,597,333 2,246,276 4,916,128 541,113 2,176,385 (334,086) 1,123,391 13,266,540 Net interest income/(expense)
-Pendapatan/(beban) dari pihak eksternal 3,169,551 2,483,950 1,485,440 2,785,013 2,304,458 (85,263) 1,123,391 13,266,540 Income/(expense) from external parties -
-Pendapatan/(beban) antar segmen (572,218) (237,674) 3,430,688 (2,243,900) (128,073) (248,823) - - Inter-segment income/(expense) -
Kerugian penurunan nilai atas aset Impairment losses on financial and
keuangan dan nonkeuangan - bersih (137,331) (330,543) (316,973) (2,016) (473,718) (64,109) (480,560) (1,805,250) non-financial assets - net
Provisi dan komisi lainnya 763,076 312,070 1,209,492 (83,088) 441,641 (17,134) 376,030 3,002,087 Other fees and commissions
Penghasilan operasional lainnya 96,724 410,510 252,708 1,641,843 184,899 111 62,114 2,648,909 Other operating income
Beban tenaga kerja (261,915) (461,952) (1,919,663) (169,049) (157,814) (1,917,469) (247,369) (5,135,231) Personnel expenses
Beban umum dan administrasi (34,405) (88,175) (1,807,264) 344,010 (48,639) (1,824,896) (218,859) (3,678,228) General and administrative expenses
(Beban)/pembalikan lain-lain (23) (142) 46,872 (10) (42) 17,869 (464) 64,060 Other (expenses)/reversal
Laba/(rugi) operasional bersih 3,023,459 2,088,044 2,381,300 2,272,803 2,122,712 (4,139,714) 614,283 8,362,887 Net operating income/(loss)
Penghasilan/(beban) bukan Non-operating
operasional - bersih 2,788 (687) 4,285 108,290 776 252,123 (1,675) 365,900 income/(expense) - net
Laba/(rugi) sebelum pajak penghasilan 3,026,247 2,087,357 2,385,585 2,381,093 2,123,488 (3,887,591) 612,608 8,728,787 Income/(loss) before income tax
Beban pajak penghasilan - - - - - (1,720,041) (109,812) (1,829,853) Income tax expense
Laba/(rugi) bersih 3,026,247 2,087,357 2,385,585 2,381,093 2,123,488 (5,607,632) 502,796 6,898,934 Net income/(loss)
Kepentingan nonpengendali - - - - - (73,161) - (73,161) Non-controlling interest
Jumlah aset 74,823,669 48,172,041 39,251,840 111,825,396 67,503,107 4,975,489 13,668,968 360,220,510 Total assets
+ + + ++ ++ ++ ++
Jumlah liabilitas 64,196,095 50,874,937 101,720,943 24,064,899 55,740,389 1,857,968 8,568,952 307,024,183 Total liabilities
2023
Entitas
Korporasi/ Bisnis/ Ritel/ Tresuri/ Syariah/ Lain-lain/ Anak/ Jumlah/
Corporate Business Retail Treasury Sharia Others Subsidiaries Total
Penghasilan/(beban) bunga bersih 2,501,073 2,073,120 4,492,136 1,455,143 2,238,387 (265,103) 857,627 13,352,383 Net interest income/(expense)
-Pendapatan/(beban) dari pihak eksternal 3,081,657 2,466,591 1,811,611 2,895,605 2,322,013 (82,721) 857,627 13,352,383 Income/(expense) from external parties -
-Pendapatan/(beban) antar segmen (580,584) (393,471) 2,680,525 (1,440,462) (83,626) (182,382) - - Inter-segment income/(expense) -
Kerugian penurunan nilai atas aset Impairment losses on financial and
keuangan dan nonkeuangan - bersih (317,440) (442,780) (219,369) (9,772) (656,573) (484) (360,195) (2,006,613) non-financial assets - net
Provisi dan komisi lainnya 1,031,821 443,893 1,150,433 (103,776) 412,480 (3,737) 223,716 3,154,830 Other fees and commissions
Penghasilan operasional lainnya 20,014 147,637 213,287 1,734,632 111,363 123 51,251 2,278,307 Other operating income
Beban tenaga kerja (221,109) (429,780) (1,827,047) (195,182) (148,876) (1,898,204) (227,214) (4,947,412) Personnel expenses
Umum dan administrasi (57,016) (87,259) (1,920,087) (97,936) (45,499) (1,278,952) (129,020) (3,615,769) General and administrative
Lainnya - (21) (20,439) - (19) 1,507 (1,374) (20,346) Others
Laba/(rugi) operasional bersih 2,957,343 1,704,810 1,868,914 2,783,109 1,911,263 (3,444,850) 414,791 8,195,380 Net operating income/(loss)
Penghasilan/(beban) bukan Non-operating
operasional - bersih (15) (71) 8,385 82,199 3,800 (65,945) 133,539 161,892 income/(expense) - net
Laba/(rugi) sebelum pajak penghasilan 2,957,328 1,704,739 1,877,299 2,865,308 1,915,063 (3,510,795) 548,330 8,357,272 Income/(loss) before income tax
Beban pajak penghasilan - - - - - (1,722,625) (83,246) (1,805,871) Income tax expense
Laba/(rugi) bersih 2,957,328 1,704,739 1,877,299 2,865,308 1,915,063 (5,233,420) 465,084 6,551,401 Net income/(loss)
Kepentingan nonpengendali - - - - - (77,205) - (77,205) Non-controlling interest
Jumlah aset 65,895,966 45,791,257 40,795,551 104,578,937 62,747,240 5,589,074 8,971,208 334,369,233 Total assets
+ + + ++ ++ ++ ++
Jumlah liabilitas 53,106,489 45,792,340 101,289,915 29,232,524 46,060,991 3,240,422 6,309,181 285,031,862 Total liabilities
Segmen geografis Geographical segment
Operasional utama dari Bank CIMB Niaga dan Entitas Anak The principal operations of Bank CIMB Niaga and its
dikelola di wilayah Indonesia. Segmen bisnis Bank CIMB Subsidiaries are managed in Indonesia. Bank CIMB
Niaga terbagi atas 6 (enam) area geografis utama, di luar Niaga's business segments are mainly separated in 6 (six)
Entitas Anak, yaitu Jakarta, Jawa Barat, Jawa Tengah, main geographical areas, except for Subsidiaries, which
Jawa Timur, Indonesia Timur, dan Sumatera. are Jakarta, West Java, Central Java, East Java, East
Indonesia, and Sumatera.
Halaman – 5/209 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 859
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
50. INFORMASI SEGMEN USAHA (lanjutan) 50. OPERATING SEGMENTS INFORMATION (continued)
Segmen geografis (lanjutan) Geographical segment (continued)
Informasi yang berkaitan dengan segmen berdasarkan Information concerning the geographical segments of
geografis dari Bank CIMB Niaga dan Entitas Anak disajikan Bank CIMB Niaga and Subsidiaries is presented in the
dalam tabel di bawah ini: table below:
2025
Jawa Jawa Jawa Indonesia
Barat/ Tengah/ Timur/ Timur/ Entitas
Jakarta/ West Central East East Sumatera/ Anak/ Jumlah/
Jakarta Java Java Java Indonesia Sumatera Subsidiaries Total
Penghasilan bunga bersih 10,465,223 242,132 311,936 190,809 300,670 616,183 1,349,336 13,476,289 Net interest income
Kerugian penurunan nilai atas aset Impairment on financial and
keuangan dan nonkeuangan - bersih (370,710) (105,001) (135,423) (24,730) (114,578) (165,379) (769,636) (1,685,457) non-financial assets - net
Provisi dan komisi lainnya 2,257,229 72,224 45,852 59,260 23,858 49,074 451,429 2,958,926 Other fees and commissions
Penghasilan operasional lainnya 2,669,687 33,345 46,779 104,977 40,987 25,517 79,181 3,000,473 Other operating income
Beban tenaga kerja (4,072,628) (209,051) (143,286) (242,155) (132,462) (231,554) (261,993) (5,293,129) Personnel expenses
Beban umum dan administrasi (3,094,895) (70,502) (60,606) (78,818) (54,211) (84,801) (224,252) (3,668,085) General and administrative expenses
Beban lain-lain (9,520) (527) (244) (88) (2) 3,911 (462) (6,932) Other expenses
Laba operasional bersih 7,844,386 (37,380) 65,008 9,255 64,262 212,951 623,603 8,782,085 Net operating income
Pendapatan/(beban) bukan
operasional - bersih 38,428 5,011 475 168 18 23 (443) 43,680 Non-operating income/(expense) - net
Laba sebelum pajak penghasilan 7,882,814 (32,369) 65,483 9,423 64,280 212,974 623,160 8,825,765 Income before income tax
Beban pajak penghasilan (1,795,802) - - - - - (94,578) (1,890,380) Income tax expense
Laba bersih 6,087,012 (32,369) 65,483 9,423 64,280 212,974 528,582 6,935,385 Net income
Kepentingan nonpengendali (58,848) - - - - - - (58,848) Non-controlling interest
Jumlah aset 251,000,085 26,652,248 13,500,406 30,081,783 11,671,724 23,965,961 15,826,686 372,698,893 Total asset
Jumlah liabilitas 201,661,828 26,167,765 13,206,754 29,405,625 11,490,843 23,590,730 9,018,165 314,541,710 Total liabilities
2024
Jawa Jawa Jawa Indonesia
Barat/ Tengah/ Timur/ Timur/ Entitas
Jakarta/ West Central East East Sumatera/ Anak/ Jumlah/
Jakarta Java Java Java Indonesia Sumatera Subsidiaries Total
Penghasilan bunga bersih 10,436,822 292,388 306,725 227,742 294,422 585,050 1,123,391 13,266,540 Net interest income
Pemulihan/(kerugian) penurunan nilai atas aset Reversal/(Impairment) on financial and
keuangan dan nonkeuangan - bersih (873,091) (56,509) (122,549) (104,608) (45,499) (122,434) (480,560) (1,805,250) non-financial assets - net
Provisi dan komisi lainnya 2,253,358 83,781 39,112 163,046 33,108 53,652 376,030 3,002,087 Other fees and commissions
Penghasilan operasional lainnya 2,158,443 45,220 233,808 123,630 9,415 16,279 62,114 2,648,909 Other operating income
Beban tenaga kerja (3,997,095) (195,364) (138,901) (221,632) (120,154) (214,716) (247,369) (5,135,231) Personnel expenses
Beban umum dan administrasi (3,080,360) (90,469) (64,759) (83,046) (52,681) (88,054) (218,859) (3,678,228) General and administrative expenses
(Beban)/pembalikan lain-lain 65,519 (147) (14) (1,285) - 451 (464) 64,060 Other (expenses)/reversal
Laba operasional bersih 6,963,596 78,900 253,422 103,847 118,611 230,228 614,283 8,362,887 Net operating income
Pendapatan/(beban) bukan
operasional - bersih 368,998 (502) (8) (499) 47 (461) (1,675) 365,900 Non-operating income/(expense) - net
Laba sebelum pajak penghasilan 7,332,594 78,398 253,414 103,348 118,658 229,767 612,608 8,728,787 Income before income tax
Beban pajak penghasilan (1,720,041) - - - - - (109,812) (1,829,853) Income tax expense
Laba bersih 5,612,553 78,398 253,414 103,348 118,658 229,767 502,796 6,898,934 Net income
Kepentingan nonpengendali (73,161) - - - - - - (73,161) Non-controlling interest
Jumlah aset 243,207,068 28,684,752 12,748,578 26,693,436 11,429,138 23,788,570 13,668,968 360,220,510 Total asset
Jumlah liabilitas 196,807,864 28,213,144 12,408,443 26,227,834 11,247,458 23,550,488 8,568,952 307,024,183 Total liabilities
2023
Jawa Jawa Jawa Indonesia
Barat/ Tengah/ Timur/ Timur/ Entitas
Jakarta/ West Central East East Sumatera/ Anak/ Jumlah/
Jakarta Java Java Java Indonesia Sumatera Subsidiaries Total
Penghasilan bunga bersih 10,490,151 444,955 334,680 312,467 324,691 587,812 857,627 13,352,383 Net interest income
Pemulihan/(kerugian) penurunan nilai atas aset Reversal/(Impairment) on financial and
keuangan dan nonkeuangan - bersih (1,489,720) (33,239) 138,371 (243,044) (24,051) 5,265 (360,195) (2,006,613) non-financial assets - net
Provisi dan komisi lainnya 2,553,673 76,488 78,130 142,357 28,471 51,995 223,716 3,154,830 Other fees and commissions
Penghasilan operasional lainnya 2,093,180 28,335 29,958 39,801 9,253 26,529 51,251 2,278,307 Other operating income
Beban tenaga kerja (3,884,119) (182,306) (134,750) (206,835) (111,881) (200,307) (227,214) (4,947,412) Personnel expenses
Umum dan administrasi (3,116,522) (88,734) (61,818) (82,479) (50,450) (86,746) (129,020) (3,615,769) General and administrative
Lainnya (18,185) (414) (23) (279) (14) (58) (1,373) (20,346) Others
Laba operasional bersih 6,628,458 245,085 384,548 (38,012) 176,019 384,490 414,792 8,195,380 Net operating income
Pendapatan/(beban) bukan
operasional - bersih 25,774 527 800 765 387 100 133,539 161,892 Non-operating income/(expense) - net
Laba sebelum pajak penghasilan 6,654,232 245,612 385,348 (37,247) 176,406 384,590 548,331 8,357,272 Income before income tax
Beban pajak penghasilan (1,722,625) - - - - - (83,246) (1,805,871) Income tax expense
Laba bersih 4,931,607 245,612 385,348 (37,247) 176,406 384,590 465,085 6,551,401 Net income
Kepentingan nonpengendali (77,205) - - - - - - (77,205) Non-controlling interest
Jumlah aset 227,603,973 27,511,222 13,140,653 24,385,297 10,405,979 22,350,901 8,971,208 334,369,233 Total asset
Jumlah liabilitas 182,436,339 27,049,269 12,818,254 24,337,416 10,212,253 21,869,150 6,309,181 285,031,862 Total liabilities
Halaman – 5/210 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 860
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
51. MANAJEMEN RISIKO 51. RISK MANAGEMENT
a. Nilai wajar aset dan liabilitas keuangan a. Fair value of financial assets and liabilities
Pada tanggal 31 Desember 2025, 2024 dan 2025, nilai As at 31 December 2025, 2024, and 2023, the fair
wajar dari aset dan liabilitas keuangan Bank CIMB value of the Bank CIMB Niaga and Subsidiaries
Niaga dan Entitas Anak adalah: financial assets and liabilities were as follows:
2025
Nilai tercatat/ Nilai wajar/
Carrying value Fair value
*) *)
Aset Assets
Giro pada Current accounts with
Bank Indonesia 11,670,605 11,670,605 Bank Indonesia
Giro pada bank lain 1,907,866 1,907,866 Current accounts with other banks
Penempatan pada bank lain dan Placements with other banks
Bank Indonesia 11,842,517 11,842,517 and Bank Indonesia
Efek-efek 20,326,032 20,350,459 Marketable securities
Obligasi Pemerintah 65,138,715 65,388,189 Government Bonds
Efek-efek yang dibeli dengan Securities purchased under
janji dijual kembali 1,000,129 1,000,129 resale agreements
Tagihan derivatif 773,692 773,692 Derivative receivables
Kredit yang diberikan, Loans,
dan piutang pembiayaan konsumen and consumer financing receivables
Modal Kerja 109,131,003 110,557,368 Working capital
Investasi 43,509,023 52,178,962 Investment
Konsumsi 77,285,414 97,264,970 Consumer
229,925,440 260,001,300
Tagihan akseptasi 1,935,458 1,935,458 Acceptance receivables
Penyertaan 23,143 23,143 Investments
Pendapatan bunga yang masih akan diterima 3,104,033 3,104,033 Accrued interest income
Aset lain-lain 2,543,933 2,543,933 Other assets
350,191,563 380,541,324
Liabilitas Liabilities
Liabilitas segera 3,892,219 3,892,219 Obligation due immediately
Simpanan dari nasabah 270,522,780 270,522,780 Deposits from customers
Simpanan dari bank lain 7,366,310 7,366,310 Deposits from other banks
Efek-efek yang dijual dengan janji Securities sold under
dibeli kembali 11,514,958 11,514,958 repurchase agreement
Liabilitas derivatif 598,119 598,119 Derivative payables
Liabilitas akseptasi 1,937,050 1,937,050 Acceptance payables
Efek-efek yang diterbitkan 3,685,222 3,742,400 Marketable securities issued
Pinjaman yang diterima 4,455,255 4,672,947 Borrowings
Beban yang masih harus dibayar dan Accruals and
liabilitas lain-lain 722,012 722,012 other liabilities
304,693,925 304,968,795
*) Setelah dikurangkan cadangan kerugian penurunan nilai Net of allowances for impairment losses *)
Halaman – 5/211 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 861
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
51. MANAJEMEN RISIKO (lanjutan) 51. RISK MANAGEMENT (continued)
a. Nilai wajar aset dan liabilitas keuangan (lanjutan) a. Fair value of financial assets and liabilities
(continued)
Pada tanggal 31 Desember 2025, 2024, dan 2023, As at 31 December 2025, 2024, and 2023, the fair
nilai wajar dari aset dan liabilitas keuangan Bank value of the Bank CIMB Niaga and Subsidiaries
CIMB Niaga dan Entitas Anak adalah: (lanjutan) financial assets and liabilities were as follows:
(continued)
2024
Nilai tercatat/ Nilai wajar/
Carrying value Fair value
*) *)
Aset Assets
Giro pada Current accounts with
Bank Indonesia 9,990,709 9,990,709 Bank Indonesia
Giro pada bank lain 2,508,917 2,508,917 Current accounts with other banks
Penempatan pada bank lain dan Placements with other banks
Bank Indonesia 5,047,695 5,047,695 and Bank Indonesia
Efek-efek 23,455,294 23,459,289 Marketable securities
Obligasi Pemerintah 70,354,627 70,350,410 Government Bonds
Efek-efek yang dibeli dengan Securities purchased under
janji dijual kembali 1,612,832 1,612,832 resale agreements
Tagihan derivatif 1,184,890 1,184,890 Derivative receivables
Kredit yang diberikan, Loans,
dan piutang pembiayaan konsumen and consumer financing receivables
Modal Kerja 91,378,937 93,081,563 Working capital
Investasi 51,409,593 62,559,171 Investment
Konsumsi 74,561,065 90,268,993 Consumer
217,349,595 245,909,727
Tagihan akseptasi 2,751,967 2,751,967 Acceptance receivables
Penyertaan 23,143 23,143 Investments
Pendapatan bunga yang masih akan diterima 3,027,711 3,027,711 Accrued interest income
Aset lain-lain 2,503,186 2,503,186 Other assets
339,810,566 368,370,476
Liabilitas Liabilities
Liabilitas segera 4,473,871 4,473,871 Obligation due immediately
Simpanan dari nasabah 260,639,027 260,639,027 Deposits from customers
Simpanan dari bank lain 5,959,468 5,959,468 Deposits from other banks
Efek-efek yang dijual dengan janji Securities sold under
dibeli kembali 11,288,963 11,288,963 repurchase agreement
Liabilitas derivatif 906,630 906,630 Derivative payables
Liabilitas akseptasi 2,761,800 2,761,800 Acceptance payables
Efek-efek yang diterbitkan 1,687,452 1,685,472 Marketable securities issued
Pinjaman yang diterima 8,487,935 8,679,425 Borrowings
Beban yang masih harus dibayar dan Accruals and
liabilitas lain-lain 488,127 488,127 other liabilities
Pinjaman subordinasi 74,514 76,599 Subordinated loans
296,767,787 296,959,382
*) Setelah dikurangkan cadangan kerugian penurunan nilai Net of allowances for impairment losses *)
Halaman – 5/212 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 862
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
51. MANAJEMEN RISIKO (lanjutan) 51. RISK MANAGEMENT (continued)
a. Nilai wajar aset dan liabilitas keuangan (lanjutan) a. Fair value of financial assets and liabilities
(continued)
Pada tanggal 31 Desember 2025, 2024, dan 2023, As at 31 December 2025, 2024, and 2023, the fair
nilai wajar dari aset dan liabilitas keuangan Bank value of the Bank CIMB Niaga and Subsidiaries
CIMB Niaga dan Entitas Anak adalah: (lanjutan) financial assets and liabilities were as follows:
(continued)
2023
Nilai tercatat/ Nilai wajar/
Carrying value Fair value
*) *)
Aset Assets
Giro pada Current accounts with
Bank Indonesia 13,180,254 13,180,254 Bank Indonesia
Giro pada bank lain 2,703,266 2,703,266 Current accounts with other banks
Penempatan pada bank lain dan Placements with other banks
Bank Indonesia 4,532,988 4,532,988 and Bank Indonesia
Efek-efek 9,363,933 9,408,938 Marketable securities
Obligasi Pemerintah 70,596,507 70,675,399 Government Bonds
Efek-efek yang dibeli dengan Securities purchased under
janji dijual kembali 5,159,387 5,159,387 resale agreements
Tagihan derivatif 849,014 849,014 Derivative receivables
Kredit yang diberikan Loans
dan piutang pembiayaan konsumen and consumer financing receivables
Modal Kerja 84,189,293 85,988,930 Working capital
Investasi 46,418,146 56,513,763 Investment
Konsumsi 70,714,948 86,123,047 Consumer
201,322,387 228,625,740
Tagihan akseptasi 1,093,453 1,093,453 Acceptance receivables
Penyertaan 3,659 3,659 Investments
Pendapatan bunga yang masih akan diterima 3,414,197 3,414,197 Accrued interest income
Aset lain-lain 1,834,271 1,834,271 Other assets
314,053,316 341,480,566
Liabilitas Liabilities
Liabilitas segera 3,581,921 3,581,921 Obligation due immediately
Simpanan dari nasabah 235,861,670 235,861,670 Deposits from customers
Simpanan dari bank lain 1,760,447 1,760,447 Deposits from other banks
Efek-efek yang dijual dengan janji Securities sold under
dibeli kembali 20,426,826 20,426,826 repurchase agreement
Liabilitas derivatif 540,051 540,051 Derivative payables
Liabilitas akseptasi 1,102,091 1,102,091 Acceptance payables
Efek-efek yang diterbitkan 2,297,702 2,302,735 Marketable securities issued
Pinjaman yang diterima 6,288,525 6,525,781 Borrowings
Beban yang masih harus dibayar dan Accruals and
liabilitas lain-lain 509,417 509,417 other liabilities
Pinjaman subordinasi 155,619 161,842 Subordinated loans
272,524,269 272,772,781
*) Setelah dikurangkan cadangan kerugian penurunan nilai Net of allowances for impairment losses *)
Halaman – 5/213 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 863
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
51. MANAJEMEN RISIKO (lanjutan) 51. RISK MANAGEMENT (continued)
a. Nilai wajar aset dan liabilitas keuangan (lanjutan) a. Fair value of financial assets and liabilities
(continued)
(i) Giro pada Bank Indonesia, giro pada bank lain, (i) Current accounts with Bank Indonesia, current
tagihan akseptasi, penyertaan, pendapatan accounts with other banks, acceptance
yang masih harus diterima, dan aset lain-lain receivables, investments, accrued income, and
other assets
Nilai tercatat dari giro pada Bank Indonesia dan The carrying amount of floating rate current
bank lain dengan suku bunga mengambang accounts with Bank Indonesia and other banks is
adalah perkiraan yang layak atas nilai wajar. a reasonable approximation of fair value.
Estimasi nilai wajar terhadap tagihan akseptasi, The estimated fair value of acceptance
pendapatan yang masih harus diterima, dan receivables, accrued income, and other assets is
aset lain-lain ditetapkan berdasarkan diskonto based on discounted cash flows using prevailing
arus kas dengan menggunakan suku bunga money market interest rates for debts with similar
pasar uang yang berlaku untuk hutang dengan credit risk and remaining maturity. Since the
risiko kredit dan sisa jatuh tempo yang serupa. maturity is below 1 (one) year, the carrying
Karena sisa jatuh tempo di bawah 1 (satu) amount of acceptance receivables, accrued
tahun, nilai tercatat dari tagihan akseptasi, income, and other assets is
pendapatan yang masih harus diterima, dan a reasonable approximation of fair value.
aset lain-lain adalah perkiraan yang layak atas
nilai wajar.
(ii) Penempatan pada bank lain dan Bank Indonesia (ii) Placements with other banks and Bank
Indonesia
Penempatan pada bank lain dan Bank Indonesia Placements with other banks and Bank
merupakan penanaman dana dalam bentuk Indonesia represent placements in the form of
Fasilitas Simpanan Bank Indonesia Syariah Bank Indonesia Deposit Facility Sharia
(“FASBIS”), call money, penempatan “fixed- (“FASBIS”), call money, “fixed-term” placements,
term”, deposito berjangka, dan lain-lain. time deposits, and others.
Estimasi nilai wajar pada Penempatan pada The estimated fair value of placement with other
bank lain dan Bank Indonesia ditetapkan banks and Bank Indonesia are based on money
menggunakan suku bunga pasar uang yang market interest rates for debts with remaining
berlaku untuk hutang dan sisa jatuh tempo yang maturity. Since the maturity is below 1 (one)
serupa. Karena sisa jatuh tempo di bawah year, the carrying amount of placement with
1 (satu) tahun, nilai tercatat dari Penempatan other banks and Bank Indonesia are reasonable
pada bank lain dan Bank Indonesia adalah approximation of fair value.
perkiraan yang layak atas nilai wajar.
Halaman – 5/214 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 864
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
51. MANAJEMEN RISIKO (lanjutan) 51. RISK MANAGEMENT (continued)
a. Nilai wajar aset dan liabilitas keuangan (lanjutan) a. Fair value of financial assets and liabilities
(continued)
(iii) Tagihan dan liabilitas derivatif, efek-efek, dan (iii) Derivative receivables and payables,
Obligasi Pemerintah marketable securities, and Government Bonds
Nilai wajar untuk tagihan dan liabilitas derivatif The fair value for derivative receivables and
mencerminkan diskonto dari estimasi kini dari payables represents discounted amount of
arus kas masa depan yang diharapkan akan estimated future cash flows expected to be
diterima atau dibayarkan hingga jatuh tempo. received or to be paid until maturity. Expected
Arus kas yang diharapkan didiskontokan pada cash flows are discounted at current market
tingkat suku bunga pasar terkini untuk rates to determine fair value (level 2 - fair value
menentukan nilai wajar (tingkat 2 - hirarki nilai hierarchy). The fair value for marketable
wajar). Nilai wajar untuk efek-efek ditetapkan securities are based on data from IBPA
berdasarkan data dari IBPA (Indonesia Bond (Indonesia Bond Pricing Agency) which is
Pricing Agency) dimana dihitung dengan model calculated using discounted cash flow model
diskonto arus kas dengan kurva yield (diambil based on current yield curve (derived from
dari data pasar) terkini yang sesuai dengan sisa market data) appropriated with remaining term
tahun jatuh temponya (tingkat 2 - hirarki nilai of maturity (level 2 - fair value hierarchy). The fair
wajar). Nilai wajar untuk Obligasi Pemerintah value for Government Bonds are based on
ditetapkan berdasarkan harga pasar kuotasi dari quoted market prices from Bloomberg
Bloomberg (tingkat 1 - hirarki nilai wajar). (level 1 - fair value hierarchy).
(iv) Efek-efek yang dibeli dengan janji dijual kembali (iv) Securities purchased under resale agreements
dan efek-efek yang dijual dengan janji dibeli and securities sold under repurchase
kembali agreements
Estimasi nilai wajar terhadap efek-efek yang The estimated fair value of securities purchased
dibeli dengan janji dijual kembali dan efek-efek under resale agreements and securities sold
yang dijual dengan janji dibeli kembali ditetapkan under repurchased agreements are based on
berdasarkan diskonto arus kas dengan discounted cash flows using prevailing money
menggunakan suku bunga pasar uang yang market interest rates for debts with similar credit
berlaku untuk hutang dengan risiko kredit dan risk and remaining maturity. Since the maturity is
sisa jatuh tempo yang serupa. Karena sisa jatuh below 1 (one) year, the carrying amount of
tempo di bawah 1 (satu) tahun sehingga nilai securities purchased under resale agreements
tercatat dari efek-efek yang dibeli dengan janji and securities sold under repurchase
dijual kembali dan efek-efek yang dijual dengan agreements is a reasonable approximation of
janji dibeli kembali adalah perkiraan yang layak fair value (level 2 - fair value hierarchy).
atas nilai wajar (tingkat 2 - hirarki nilai wajar).
Halaman – 5/215 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 865
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
51. MANAJEMEN RISIKO (lanjutan) 51. RISK MANAGEMENT (continued)
a. Nilai wajar aset dan liabilitas keuangan (lanjutan) a. Fair value of financial assets and liabilities
(continued)
(v) Kredit yang diberikan dan piutang pembiayaan (v) Loans and consumer financing receivables
konsumen
Kredit yang diberikan dan piutang pembiayaan Loans and consumer financing receivables are
konsumen dinyatakan berdasarkan jumlah nilai recorded at carrying amount net of provision for
tercatat setelah dikurangi cadangan penurunan impairment. The estimated fair value represents
nilai. Estimasi nilai wajar mencerminkan jumlah the discounted amount of estimated future cash
diskonto dari estimasi kini dari arus kas masa flows expected to be received. Expected cash
depan yang diharapkan akan diterima. Arus kas flows are discounted at current market rates to
yang diharapkan didiskontokan pada tingkat determine fair value (level 3 - fair value
suku bunga pasar terkini untuk menentukan nilai hierarchy).
wajar (tingkat 3 - hirarki nilai wajar).
(vi)aLiabilitas segera, simpanan dari nasabah, (vi)a Obligation due immediately, deposits from
simpanan dari bank lain, liabilitas akseptasi, customers, deposits from other banks,
pinjaman diterima, serta beban yang masih harus acceptance payable, borrowings, and accrual
dibayar dan liabilitas lain-lain and other liabilities
Estimasi nilai wajar simpanan tanpa jatuh tempo, The estimated fair value of deposits with no
termasuk simpanan tanpa bunga, adalah stated maturity, which includes non-interest
sebesar jumlah terhutang ketika hutang tersebut bearing deposits, is the amount repayable on
dibayarkan. demand.
Estimasi nilai wajar terhadap liabilitas segera, The estimated fair value of obligation due
simpanan dengan tingkat suku bunga tetap, immediately, fixed interest-bearing deposits,
liabilitas akseptasi, pinjaman yang diterima, acceptance payable, borrowings, accrual, and
beban yang masih harus dibayar, dan liabilitas other liabilities not quoted in an active market is
lain-lain yang tidak memiliki kuotasi di pasar aktif based on discounted cash flows using interest
ditetapkan berdasarkan diskonto arus kas rates for new debts with similar remaining
dengan menggunakan suku bunga hutang baru maturity (level 2 - fair value hierarchy).
dengan sisa jatuh tempo yang serupa
(tingkat 2 - hirarki nilai wajar).
(vii) Pinjaman subordinasi dan efek-efek yang (vii) Subordinated loans and marketable securities
diterbitkan issued
Nilai wajar pinjaman subordinasi dan efek-efek The fair value of subordinated loans and
yang diterbitkan diestimasi menggunakan marketable securities issued are estimated by
data dari IBPA (Indonesia Bond Pricing using data from IBPA (Indonesia Bond Pricing
Agency) dimana dihitung dengan model Agency) which is calculated using a
diskonto arus kas dengan kurva yield (diambil discounted cash flow model based on current
dari data pasar) terkini yang sesuai dengan yield curve (derived from market data)
sisa tahun jatuh temponya (tingkat 2 – hirarki appropriated with remaining term of maturity
nilai wajar). (level 2 – fair value hierarchy).
Halaman – 5/216 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 866
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
51. MANAJEMEN RISIKO (lanjutan) 51. RISK MANAGEMENT (continued)
a. Nilai wajar aset dan liabilitas keuangan (lanjutan) a. Fair value of financial assets and liabilities
(continued)
Aset dan liabilitas keuangan yang diukur pada nilai Financial assets and liabilities measured at fair value
wajar melalui laba rugi dan diukur pada nilai wajar through profit or loss and measured at fair value
melalui penghasilan komprehensif lain menggunakan through other comprehensive income use the following
hirarki nilai wajar sebagai berikut: fair value hierarchy:
a. Tingkat 1 a. Level 1
Harga kuotasi (tidak disesuaikan) dalam pasar Quoted prices (unadjusted) in active markets for
aktif untuk aset atau liabilitas yang identik; identical assets or liabilities;
b. Tingkat 2 b. Level 2
Input selain harga kuotasi yang termasuk dalam Inputs other than quoted prices included within
tingkat 1 yang dapat diobservasi untuk aset atau level 1 that are observable for the assets or
liabilitas, baik secara langsung (misalnya harga) liabilities, either directly (such as prices) or
maupun tidak langsung (misalnya derivasi harga); indirectly (such as derived from prices); and
dan
c. Tingkat 3 c. Level 3
Input untuk aset atau liabilitas yang bukan Inputs for the assets or liabilities that are not based
berdasarkan data pasar yang dapat diobservasi on observable market data (unobservable inputs).
(input yang tidak dapat diobservasi).
Pada tanggal 31 Desember 2025, 2024, dan 2023, As at 31 December 2025, 2024, and 2023, financial
aset dan liabilitas keuangan yang diukur pada nilai assets and liabilities measured at fair value based on
wajar menggunakan hirarki nilai wajar adalah: following fair value hierarchy:
2025
Tingkat 1/ Tingkat 2/ Tingkat 3/ Nilai wajar/
Level 1 Level 2 Level 3 Fair value
Aset Assets
Efek-efek 11,813,357 7,845,044 - 19,658,401 Marketable securities
Obligasi Pemerintah 56,071,895 - - 56,071,895 Government Bonds
Efek-efek yang dibeli dengan janji Securities purchased under
dijual kembali - 728,270 - 728,270 resale agreements
Tagihan derivatif - 773,692 - 773,692 Derivative receivables
67,885,252 9,347,006 - 77,232,258
Liabilitas Liabilities
Simpanan dari nasabah - 21,526,537 - 21,526,537 Deposits from customers
Simpanan dari bank lain - 3,328 - 3,328 Deposits from other banks
Liabilitas derivatif - 598,119 - 598,119 Derivative payables
- 22,127,984 - 22,127,984
2024
Tingkat 1/ Tingkat 2/ Tingkat 3/ Nilai wajar/
Level 1 Level 2 Level 3 Fair value
Aset Assets
Efek-efek 16,342,800 6,189,674 - 22,532,474 Marketable securities
Obligasi Pemerintah 55,930,634 - - 55,930,634 Government Bonds
Efek-efek yang dibeli dengan janji Securities purchased under
dijual kembali - 1,286,783 - 1,286,783 resale agreements
Tagihan derivatif - 1,184,890 - 1,184,890 Derivative receivables
72,273,434 8,661,347 - 80,934,781
Liabilitas Liabilities
Simpanan dari nasabah - 20,547,202 - 20,547,202 Deposits from customers
Simpanan dari bank lain - 5,636 - 5,636 Deposits from other banks
Liabilitas derivatif - 906,630 - 906,630 Derivative payables
- 21,459,468 - 21,459,468
Halaman – 5/217 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 867
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
51. MANAJEMEN RISIKO (lanjutan) 51. RISK MANAGEMENT (continued)
a. Nilai wajar aset dan liabilitas keuangan (lanjutan) a. Fair value of financial assets and liabilities
(continued)
Pada tanggal 31 Desember 2025, 2024, dan 2023, As at 31 December 2025, 2024, and 2023, financial
aset dan liabilitas keuangan yang diukur pada nilai assets and liabilities measured at fair value based on
wajar menggunakan hirarki nilai wajar adalah: following fair value hierarchy: (continued)
(lanjutan)
2023
Tingkat 1/ Tingkat 2/ Tingkat 3/ Nilai wajar/
Level 1 Level 2 Level 3 Fair value
Aset Assets
Efek-efek 251,038 8,097,364 - 8,348,402 Marketable securities
Obligasi Pemerintah 52,504,393 - - 52,504,393 Government Bonds
Efek-efek yang dibeli dengan janji Securities purchased under
dijual kembali - 492,674 - 492,674 resale agreements
Tagihan derivatif - 849,014 - 849,014 Derivative receivables
52,755,431 9,439,052 - 62,194,483
Liabilitas Liabilities
Simpanan dari nasabah - 18,983,531 - 18,983,531 Deposits from customers
Simpanan dari bank lain - 4,206 - 4,206 Deposits from other banks
Liabilitas derivatif - 540,051 - 540,051 Derivative payables
- 19,527,788 - 19,527,788
b. Manajemen risiko permodalan b. Capital risk management
Kebijakan manajemen modal Bank CIMB Niaga Bank CIMB Niaga’s capital management objective is
adalah untuk mempertahankan posisi modal yang to maintain a strong capital position to support
kuat untuk mendukung pertumbuhan bisnis dan business growth and to sustain investors, depositor,
mempertahankan investor, deposan, pelanggan, dan customer, and market confidence. In managing its
kepercayaan pasar. Dalam pengelolaan permodalan, capital, Bank CIMB Niaga considers factors such as:
Bank CIMB Niaga mempertimbangkan faktor-faktor providing optimal capital rate of return to shareholders,
seperti: pengembalian modal yang optimal kepada maintaining a balance between high return with
pemegang saham, menjaga keseimbangan antara gearing ratio and the advantages, and safety provided
keuntungan yang lebih tinggi dengan gearing ratio dan by a sound capital position.
keuntungan, serta keamanan yang diberikan oleh
posisi modal yang sehat.
Bank CIMB Niaga telah memenuhi semua Bank CIMB Niaga has complied with all externally
persyaratan modal yang diwajibkan pada tanggal imposed capital requirements as at
31 Desember 2025, 2024, dan 2023. 31 December 2025, 2024, and 2023.
Posisi permodalan Bank CIMB Niaga berdasarkan Bank CIMB Niaga’s regulatory capital position under
peraturan Otoritas Jasa Keuangan (”OJK”) yang the prevailing Financial Service Authority (“FSA”)
berlaku pada tanggal 31 Desember 2025, 2024, dan regulation as at 31 December 2025, 2024, and 2023,
2023, diungkapkan pada Catatan 61. were disclosed in Note 61.
Manajemen menggunakan peraturan rasio Management uses regulatory capital ratios in order to
permodalan untuk memantau kecukupan modal, monitor its capital base, in accordance with the
sesuai dengan standar industri dengan industry standards by considering applicable
mempertimbangkan ketentuan yang ditetapkan oleh requirement as regulated by regulator for measuring
regulator. Pendekatan peraturan OJK untuk capital adequacy. FSA regulation’s approach in
pengukuran modal tersebut terutama didasarkan measuring the capital ratio is primarily based on
pada pemantauan kebutuhan modal yang diwajibkan capital regulatory (measured as certain percentage of
(diukur sebesar persentase tertentu dari aset risk-weighted assets) towards available capital
tertimbang menurut risiko) terhadap modal yang resources.
tersedia.
Halaman – 5/218 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 868
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
52. RISIKO KREDIT 52. CREDIT RISK
Risiko kredit adalah risiko kerugian keuangan yang timbul jika Credit risk is the risk of financial loss, if any of Bank CIMB
nasabah, klien atau rekanan Bank CIMB Niaga gagal Niaga’s customers, clients or market counterparties fail to
memenuhi liabilitas kontraktualnya kepada Bank CIMB fulfill their contractual obligations to Bank CIMB Niaga.
Niaga. Risiko kredit terutama berasal dari kredit yang Credit risk arises mainly from consumer and commercial
diberikan kepada sektor konsumen dan komersial, kartu loans, credit cards, and also arises from credit
kredit, dan risiko kredit dari credit enhancement, seperti kredit enhancement provided, such as credit derivatives (credit
derivatif (credit default swaps), garansi, letters of credit, default swaps), guarantees, letters of credit,
endorsements, dan akseptasi. endorsements, and acceptances.
Bank CIMB Niaga juga dipengaruhi oleh risiko kredit lainnya Bank CIMB Niaga is also exposed to other credit risks
yang berasal dari investasi pada efek hutang arising from investments in debt securities (Government
(Obligasi Pemerintah dan efek-efek) dan eksposur lain yang Bonds and marketable securities) and other exposures
timbul dari aktivitas perdagangan (eksposur perdagangan). arising from its trading activities (trading exposures).
Manajemen melakukan pengelolaan eksposur risiko kredit Management is prudent in managing its exposure to credit
dengan hati-hati. Manajemen dan pengendalian atas risiko risk. The credit risk management and control are
kredit dipusatkan dalam tim manajemen risiko kredit, yang centralised in a credit risk management team, which
bertanggung jawab kepada Dewan Direksi dan pemimpin tiap reports to the Board of Directors and head of each
unit bisnis secara rutin. business unit regularly.
Faktor utama yang berperan dalam pengendalian dan The main factor that controls and reduces credit risk is the
mengurangi risiko kredit adalah kemampuan dan ability and maturity of the credit units to analyze the credit,
kematangan satuan kerja perkreditan dalam membuat which results in a balance between credit risk and
analisis kredit, sehingga pada akhirnya tercapai suatu business development consideration. At the same time,
keseimbangan antara pengelolaan risiko dengan portfolio management and credit risk is the responsibility
pengembangan bisnis. Bersamaan dengan itu, pengelolaan of the Risk Management Committee.
portofolio dan risiko kredit merupakan tanggung jawab dari
Komite Manajemen Risiko.
(i) Pengukuran risiko kredit (i) Credit risk measurement
Estimasi terhadap eksposur kredit adalah proses yang The estimation of credit exposure is complex and
kompleks dan memerlukan penggunaan model, dimana requires the use of models, as the value of a product
nilai dari suatu produk bervariasi tergantung dengan varies depend on changes in market variables,
perubahan pada variabel-variabel pasar, arus kas masa expected future cash flows, and the passage of time.
depan, dan rentang waktu. Penilaian risiko kredit atas The credit assessment of asset portfolio entails
suatu portofolio aset memerlukan estimasi-estimasi, further estimations such as the likelihood of defaults
seperti kemungkinan terjadinya wanprestasi, rasio occurring of the associated loss ratios and of default
kerugian, dan korelasi wanprestasi antar rekanan. correlations between counterparties.
Bank CIMB Niaga memiliki model untuk mendukung Bank CIMB Niaga has the models to support the
kuantifikasi dari risiko kredit. Model peringkat dan skor quantification of credit risk. These rating and scoring
ini akan digunakan untuk keseluruhan portofolio kredit models will be used for all key credit portfolios and
utama dan membentuk basis untuk mengukur risiko form the basis for measuring default risks. In
wanprestasi. Dalam mengukur risiko kredit untuk kredit measuring credit risk of loans, Bank CIMB Niaga
yang diberikan, Bank CIMB Niaga mempertimbangkan considers three components: (i) loss estimation when
tiga komponen: (i) estimasi kerugian saat debitur atau debtor or counterparts cannot fulfill their contractual
rekanan tidak dapat memenuhi liabilitasnya; (ii) estimasi obligations; (ii) estimation of the exposure when a
tingkat eksposur saat debitur atau rekanan tidak dapat debtors or counterparts cannot fulfill their obligations,
memenuhi liabilitasnya baik pada on-balance sheet both at on-balance sheet and off-balance sheet; and
maupun off-balance sheet; dan (iii) estimasi kerugian (iii) loss estimation that should be borne by Bank
yang harus ditanggung oleh Bank CIMB Niaga atas CIMB Niaga on the defaulted obligations.
liabilitas yang telah wanprestasi.
Halaman – 5/219 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 869
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
52. RISIKO KREDIT (lanjutan) 52. CREDIT RISK (continued)
(i) Pengukuran risiko kredit (lanjutan) (i) Credit risk measurement (continued)
Untuk memantau risiko atas penyaluran kredit, secara To manage and monitor credit risk, Bank CIMB Niaga
rutin Bank CIMB Niaga melakukan analisis terhadap performs portfolio analysis regularly through
portofolio kredit melalui pendekatan secara statistik statistical method based on portfolio segmentation
berdasarkan segmentasi bisnis dan kualitas kredit dari and credit quality from debtors or counterparts,
debitur atau rekanan, termasuk dalam menentukan including in determining credit segmentation and
segmentasi dan kualitas kredit untuk keperluan quality for the purpose of assessing allowance for
penilaian cadangan kerugian penurunan nilai. Indikator impairment losses. “Early Warning” indicators are
"Peringatan Dini" ditentukan melalui proyeksi dan established through forecasting and limit monitoring.
pemantauan limit. Metode yang digunakan dalam Several methods used in regular portfolio monitoring
memantau portofolio secara reguler adalah matriks are transition matrix and Gross Roll Rate Model.
transisi dan Gross Roll Rate Model.
Penetapan Kebijakan Limit dan pemantauan juga Policy and Limits monitoring is conducted on regular
dilakukan secara rutin, antara lain: Batas Maksimum basis including: Legal Lending Limit, business
Pemberian Kredit, segmentasi bisnis (kategori debitur), segmentation (category of debtor), type of currency,
jenis mata uang, dan sektor ekonomi. Bank CIMB Niaga and economic sectors. Bank CIMB Niaga has set the
telah menetapkan limit-limit untuk memantau kualitas limits to monitor the quality of retail credit portfolio,
portofolio kredit ritel, termasuk di dalamnya kredit ritel covering the types of loans which granted to
yang diberikan kepada individu, dalam jangka waktu individuals, within a specific year/installment or
tertentu/cicilan atau berulang dan kredit yang diberikan revolving and direct or indirect lending to the debtor.
secara langsung atau tidak langsung kepada debitur.
(ii) Pengendalian batas risiko dan kebijakan mitigasi (ii) Risk limit control and mitigation policy
Bank CIMB Niaga mengelola, membatasi, dan Bank CIMB Niaga manages, limits, and controls
mengendalikan konsentrasi risiko kredit dimanapun concentrations of credit risk wherever they are
risiko tersebut teridentifikasi secara khusus, terhadap identified in particular, to individual counterparties and
debitur individu dan kelompok, dan industri serta groups, and to industries and geographical.
geografis.
Bank CIMB Niaga menentukan tingkat risiko kredit yang Bank CIMB Niaga structures the levels of credit risk
dimiliki dengan menetapkan batas jumlah risiko yang and undertakes by placing limits on the amount of risk
bisa diterima yang terkait dengan satu debitur, atau accepted in relation to one borrower, or groups of
kelompok debitur, dan berdasarkan segmen geografis borrowers, and to geographical and industry
dan industri. Risiko ini dimonitor dengan basis revolving segments. Such risks are monitored on a revolving
dan akan ditelaah secara tahunan atau dengan basis and subject to an annual or more frequent
frekuensi yang lebih sering jika diperlukan. review, when considered necessary.
Halaman – 5/220 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 870
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
52. RISIKO KREDIT (lanjutan) 52. CREDIT RISK (continued)
(ii) Pengendalian batas risiko dan kebijakan mitigasi (ii) Risk limit control and mitigation policy (continued)
(lanjutan)
Eksposur pada satu debitur termasuk bank dan The exposure to any one borrower including banks
perantara (broker) juga dibatasi oleh sublimit yang and brokers is further restricted by sublimits covering
mencakup eksposur laporan posisi keuangan on the consolidated statement of financial position
konsolidasian dan rekening administratif, dan batas and administrative accounts, and daily delivery risk
risiko pengiriman harian sehubungan dengan unsur limits in relation to trading items such as forward
yang diperdagangkan seperti kontrak forward untuk nilai foreign exchange contracts. Actual exposures against
tukar mata uang asing. Eksposur aktual terhadap batas limits are monitored daily.
yang telah ditetapkan dimonitor secara harian.
Batas pemberian kredit ditelaah mengikuti perubahan Lending limits are reviewed following market
pada kondisi pasar dan ekonomi, telaahan kredit secara changing and economic conditions, yearic credit
yearik, dan penilaian atas kemungkinan wanprestasi. reviews, and assessments of probability of default.
Beberapa pengendalian spesifik lainnya dan Some other specific control and mitigation measures
pengukuran mitigasi dijelaskan di bawah ini: are outlined belows:
Agunan Collateral
Bank CIMB Niaga menerapkan kebijakan untuk Bank CIMB Niaga employs policy to mitigate credit
memitigasi risiko kredit, antara lain dengan meminta risk, by asking collateral to secure the repayment of
agunan sebagai jaminan pelunasan kredit jika jaminan loans if the main source of debtor’s payment is based
berupa sumber pembayaran utama debitur berdasarkan on its cash flow were not fulfilled. Collateral types that
arus kas tidak terpenuhi. Jenis agunan yang dapat can be used for working capital and investment loans
diterima untuk kredit modal kerja dan investasi dalam to mitigate the risk are such as:
rangka memitigasi risiko kredit antara lain adalah:
• Kas (termasuk simpanan dari nasabah); • Cash (including deposits from customers);
• Tanah dan/atau bangunan; • Land and/or building;
• Standby LC/Bank Garansi yang diterima Bank CIMB • Standby LC/Bank Guarantee received by Bank
Niaga; CIMB Niaga;
• Mesin; • Machinery;
• Kendaraan bermotor; • Vehicle;
• Piutang dagang; • Trade receivables;
• Bahan baku / barang dagangan (persediaan); dan • Inventory; and
• Saham atau surat berharga lainnya. • Stock or other marketable securities.
Pemberian pembiayaan dan kredit jangka panjang Longer term financing and lending to corporate
kepada entitas korporasi (modal kerja dan investasi) entities (working capital and investment) are
pada umumnya disertai agunan. Untuk meminimalisasi generally secured. In addition, in order to minimise
kerugian kredit, Bank CIMB Niaga akan meminta the credit loss, Bank CIMB Niaga will ask additional
tambahan agunan dari debitur ketika terdapat indikasi collateral from the counterparty as soon as
penurunan nilai atas kredit yang diberikan. impairment indicators are identified for the relevant
individual loans.
Halaman – 5/221 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 871
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
52. RISIKO KREDIT (lanjutan) 52. CREDIT RISK (continued)
(ii) Pengendalian batas risiko dan kebijakan mitigasi (ii) Risk limit control and mitigation policy (continued)
(lanjutan)
Agunan (lanjutan) Collateral (continued)
Agunan yang dimiliki sebagai jaminan atas aset Collateral held as security for financial assets other
keuangan selain untuk kredit yang diberikan ditentukan than loans depend on the nature of the instrument.
berdasarkan sifat dari instrumennya. Efek utang, tresuri, Debt securities, treasury, and other customer’s
dan tagihan kepada nasabah bank yang memenuhi eligible bills are generally unsecured, except for
syarat lainnya pada umumnya tanpa agunan, kecuali asset-backed securities and similar instruments,
untuk asset-backed securities dan instrumen sejenis, which are secured by portfolios of financial
yang dijaminkan dengan portofolio instrumen keuangan. instruments. Particularly for corporate customers, the
Khususnya untuk nasabah korporasi, jaminan yang required collateral can be in form of margin collateral.
disyaratkan antara lain dapat berupa margin collateral.
Jaminan untuk kredit konsumsi adalah aset yang Collateral for consumer loan is financed assets
dibiayai yaitu tanah dan/atau bangunan atau kendaraan consisted of land and/or building or vehicle.
bermotor. Secara umum, Bank CIMB Niaga Generally, Bank CIMB Niaga is requiring 125% of
mengharuskan rasio agunan terhadap kredit yang collateral ratio to total loans at inceptions.
diberikan sebesar 125% pada awal kredit.
Batas pemberian (untuk derivatif) Lending limits (for derivative)
Bank CIMB Niaga menetapkan batas pengendalian Bank CIMB Niaga maintains strict control limits on net
yang ketat atas posisi derivatif bersih (yang merupakan open derivative positions (that is, the difference
selisih antara kontrak pembelian dan penjualan) baik between purchase and sale contracts) in term of
dalam hal jumlah maupun jangka waktu. Jumlah risiko amount and term. The amount of credit risk is limited
kredit terbatas pada arus kas masuk bersih masa depan to expected future net cash inflows of instruments,
atas instrumen, dimana untuk derivatif hanyalah fraksi which in relation to derivatives are only a fraction of
dari kontrak, atau nilai nosional yang menyatakan the contract, or notional values used to express the
volume instrumen tersebut. Eksposur risiko kredit dan volume of instruments outstanding. This credit risk
potensi eksposur dari pergerakan pasar dikelola sebagai exposure is managed as part of the overall lending
bagian dari keseluruhan batas pemberian kredit kepada limits with customers, together with potential
nasabah. Agunan dan jaminan lainnya tidak harus selalu exposures from market movements. Collateral or
didapatkan untuk eksposur instrumen risiko kredit, other security is not always obtained for credit risk
kecuali jika Bank CIMB Niaga mensyaratkan marjin exposures on these instruments, except where Bank
deposito dari pihak rekanan. CIMB Niaga requires margin deposits from
counterparties.
Risiko settlement timbul jika pembayaran dalam bentuk Settlement risk arises in any situation where a
uang tunai, efek atau saham dilakukan dengan harapan payment in cash, securities or equities is made with
akan dapat menerima hak yang setara dengan kas atau an expectation of receiving an equivalent cash or
efek. Batas penyelesaian harian ditetapkan untuk setiap securities. Daily settlement limits are established for
debitur untuk menutupi jumlah agregat penyelesaian each counterparty to cover the aggregate of all
risiko yang berasal dari transaksi pasar harian Bank settlement risk arising from Bank CIMB Niaga’s
CIMB Niaga. market transactions on any single day.
Halaman – 5/222 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 872
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
52. RISIKO KREDIT (lanjutan) 52. CREDIT RISK (continued)
(ii) Pengendalian batas risiko dan kebijakan mitigasi (ii) Risk limit control and mitigation policy (continued)
(lanjutan)
Kesepakatan induk untuk menyelesaikan secara neto Master netting arrangements
Salah satu cara Bank CIMB Niaga membatasi eksposur One of Bank CIMB Niaga’s approach to restrict its
kerugian kredit adalah dengan melakukan kesepakatan exposure to credit losses is by entering into master
induk untuk menyelesaikan secara neto (master netting netting arrangements with counterparties with which
arrangements) dengan pihak counterparty yang memiliki it undertakes a significant volume of transactions.
volume transaksi yang signifikan. Secara umum, Master netting arrangements do not generally result
kesepakatan induk untuk menyelesaikan secara neto in an off-set of assets and liabilities of the
tidak selalu mengarah pada saling hapus aset dan consolidated statements of financial position, as the
liabilitas dalam laporan posisi keuangan konsolidasian, transactions are either usually settled on a gross
karena transaksi-transaksi tersebut biasanya basis or under mostly netting agreements, the right of
diselesaikan secara bruto atau pada sebagian besar set off is triggered only on default. However, the credit
kesepakatan induk untuk menyelesaikan secara neto risk associated with favourable contracts is reduced
saling hapus hanya terjadi dalam hal wanprestasi. by a master netting arrangement to the extent that if
Namun risiko kredit atas suatu kontrak akan a default occurs, all amounts with the counterparty
terminimalisasi dengan kesepakatan induk untuk are terminated and settled on a net basis. Bank CIMB
menyelesaikan secara neto apabila terjadi wanprestasi, Niaga’s overall exposure to credit risk on derivative
dimana seluruh saldo dengan pihak counterparty akan instruments subject to master netting arrangements
dihapus dan diselesaikan secara neto. Eksposur risiko can change substantially within a short year, as it is
kredit Bank CIMB Niaga secara keseluruhan atas affected by each transaction subject to the
instrumen derivatif yang terkait dengan kesepakatan arrangement.
induk untuk menyelesaikan secara neto dapat berubah
secara substansial dalam tahun yang singkat sesuai
dengan transaksi yang mempengaruhi kesepakatan
tersebut.
Batasan-batasan keuangan (komitmen yang terkait Financial terms (for commitments related credit and
dengan kredit dan loan book) loan book)
Tujuan utama instrumen ini adalah untuk memastikan The primary purpose of these instruments is to
adanya ketersediaan dana untuk nasabah ketika ensure that funds are available to a customer as
dibutuhkan. Bank garansi dan standby letter of credit needed. Bank guarantees and standby letters of
memiliki risiko kredit yang hampir sama dengan kredit credit almost carry the same credit risk as loans.
yang diberikan. Dokumentasi dan commercial letters of Documentary and commercial letters of credit which
credit yang dibuat oleh Bank CIMB Niaga atas nama are written by Bank CIMB Niaga on behalf of a
nasabah memberikan otorisasi kepada pihak ketiga customer, authorizing a third party to draw drafts up
untuk mencairkan drafts tersebut sampai jumlah yang to a stipulated amount under specific terms and
telah ditetapkan dengan syarat dan ketentuan tertentu conditions are collateralised by the underlying
dijaminkan pada pengiriman barang terkait sehingga shipments of goods to which they relate and therefore
instrumen ini memiliki risiko yang lebih rendah carrying less risk than a direct loan.
dibandingkan dengan kredit yang diberikan secara
langsung.
Bank CIMB Niaga memonitor jangka waktu jatuh tempo Bank CIMB Niaga monitors the term to maturity of
komitmen kredit oleh karena komitmen dengan jangka credit commitments because longer term
waktu yang lebih lama pada umumnya memiliki risiko commitments generally have a greater degree of
kredit yang lebih besar dibandingkan dengan komitmen credit risk than shorter term commitments.
yang memiliki jangka waktu yang lebih pendek.
Halaman – 5/223 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 873
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
52. RISIKO KREDIT (lanjutan) 52. CREDIT RISK (continued)
(iii) Penurunan nilai dan kebijakan pencadangan (iii) Impairment and provisioning policy
Kebijakan terkait penurunan nilai dan pencadangan Policy regarding impairment and provisioning can be
dapat dilihat pada Catatan 2h. referred to Note 2h.
(iv) Eksposur maksimum risiko kredit tanpa (iv) Maximum exposure to credit risk without taking into
memperhitungkan agunan dan pendukung kredit account of any collateral held and other credit
lainnya enhancements
Eksposur risiko kredit terhadap aset pada laporan posisi Credit risk exposures relating to consolidated
keuangan konsolidasian - neto sesudah cadangan statements of financial position’s assets - net of
kerugian penurunan nilai pada tanggal allowance of possible losses as at
31 Desember 2025, 2024, dan 2023 adalah: 31 December 2025, 2024, and 2023 were as follows:
2025 2024 2023
Giro pada Bank Indonesia 11,670,605 9,990,709 13,180,254 Current accounts with Bank Indonesia
Giro pada bank lain 1,907,866 2,508,917 2,703,266 Current accounts with other banks
Penempatan pada bank lain Placement with other banks
dan Bank Indonesia 11,842,517 5,047,695 4,532,988 and Bank Indonesia
Efek-efek Marketable securities
Nilai wajar melalui laba rugi 3,484,397 2,512,584 1,401,241 Fair value through profit or loss
Nilai wajar melalui penghasilan komprehensif lain 16,174,004 20,019,890 6,947,161 Fair value through other comprehensive income
Biaya perolehan diamortisasi 667,631 922,820 1,015,531 Amortised cost
Obligasi Pemerintah Government Bonds
Nilai wajar melalui laba rugi 19,498,276 19,601,478 16,418,263 Fair value through profit or loss
Nilai wajar melalui penghasilan komprehensif lain 36,573,619 36,329,156 36,086,130 Fair value through other comprehensive income
Biaya perolehan diamortisasi 9,066,820 14,423,993 18,092,114 Amortised cost
Efek-efek yang dibeli dengan janji Securities purchased under
dijual kembali 1,000,129 1,612,832 5,159,387 resale agreement
Tagihan derivatif 773,692 1,184,890 849,014 Derivative receivables
Kredit yang diberikan Loans
dan piutang pembiayaan konsumen and consumer financing receivables
Modal kerja 109,131,003 91,378,937 84,189,293 Working capital
Investasi 43,509,023 51,409,593 46,418,146 Investment
Konsumsi 77,285,414 74,561,065 70,714,948 Consumer
229,925,440 217,349,595 201,322,387
Tagihan akseptasi 1,935,458 2,751,967 1,093,453 Acceptance receivables
Pendapatan bunga yang masih akan diterima 3,104,033 3,027,711 3,414,197 Accrued interest income
Aset lain-lain 2,559,195 2,503,186 1,834,271 Other assets
350,183,682 339,787,423 314,049,657
Halaman – 5/224 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 874
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
52. RISIKO KREDIT (lanjutan) 52. CREDIT RISK (continued)
(iv) Eksposur maksimum risiko kredit tanpa (iv) Maximum exposure to credit risk without taking into
memperhitungkan agunan dan pendukung kredit account of any collateral held and other credit
lainnya (lanjutan) enhancements (continued)
Eksposur risiko kredit terhadap rekening administratif Credit risk exposures relating to off-balance sheet
Pada tanggal 31 Desember 2025, 2024, dan 2023 items As at 31 December 2025, 2024, and 2023 were
adalah: as follows:
2025 2024 2023
Fasilitas kredit kepada nasabah yang Unused loan facilities granted
belum ditarik - committed - committed
Modal kerja 13,978,198 10,224,558 6,294,563 Working capital
Investasi 3,117,800 6,009,326 6,080,758 Investment
Konsumsi 2,843 708 5,729 Consumer
Irrevocable letters of credit Outstanding irrevocable
yang masih berjalan 2,143,677 1,855,914 1,625,442 letters of credit
Garansi yang diterbitkan 6,682,641 5,888,091 5,364,148 Guarantees issued
25,925,159 23,978,597 19,370,640
Tabel di atas menggambarkan eksposur maksimum The table above represents maximum of credit risk
atas risiko kredit bagi Bank CIMB Niaga pada tanggal exposure to Bank CIMB Niaga as at
31 Desember 2025, 2024, dan 2023, tanpa 31 December 2025, 2024, and 2023, without taking
memperhitungkan agunan atau pendukung kredit into account of any collateral held or other credit
lainnya. Untuk aset neraca, eksposur di atas ditentukan enhancements attached. For balance sheet assets,
berdasarkan nilai tercatat bersih seperti yang the exposures set out above are based on net
diungkapkan pada laporan posisi keuangan carrying amounts as reported in the consolidated
konsolidasian. statements of financial position.
Seperti yang telah dijelaskan di atas, pada tanggal As shown above, As at 31 December 2025, 62.81%
31 Desember 2025, 62,81% (2024: 61,06%; 2023: (2024: 61.06%; 2023: 61.85%) of the total maximum
61,85%) dari jumlah eksposur maksimum berasal dari exposure was derived from loans - net.
kredit yang diberikan - bersih.
Manajemen yakin akan kemampuan Bank CIMB Management is confident in its ability to continue to
Niaga untuk terus mengendalikan dan control and sustain minimal exposure of credit risk to
mempertahankan eksposur risiko kredit yang minimal Bank CIMB Niaga resulting from its loan based on the
terhadap risiko kredit Bank CIMB Niaga yang timbul following:
dari kredit yang diberikan berdasarkan hal-hal berikut:
• Bank CIMB Niaga telah memiliki pedoman tertulis • Bank CIMB Niaga has a documented credit policy
mengenai kebijakan dan proses kredit yang and procedures that covers all aspects of Bank
mencakup seluruh aspek pemberian kredit yang CIMB Niaga’s lending activities. Loan transactions
dilakukan. Setiap pemberian kredit harus must adhere to the requirements of Bank CIMB
senantiasa mengacu pada kebijakan tersebut; Niaga’s policy;
• Bank CIMB Niaga telah memiliki sistem deteksi dini • Bank CIMB Niaga has early problem detection
permasalahan melalui ”early warning system” dan system through “early warning system” and
pemantauan yang disiplin; disciplined monitoring;
• Seluruh kredit diberikan dengan agunan kecuali • All loans are secured by collateral, except for
untuk jenis kredit tertentu seperti kartu kredit, certain loans such as credit card, personal loan,
personal loan, dan fasilitas antar bank. and interbank loans.
Halaman – 5/225 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 875
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
52. RISIKO KREDIT (lanjutan) 52. CREDIT RISK (continued)
(iv) Eksposur maksimum risiko kredit tanpa (iv) Maximum exposure to credit risk without taking into
memperhitungkan agunan dan pendukung kredit account of any collateral held and other credit
lainnya (lanjutan) enhancements (continued)
Pada tanggal 31 Desember 2025, 96,80% As at 31 December 2025, 96.80%
(2024: 95,80%; 2023: 94,71%) dari portofolio kredit (2024: 95.80%; 2023: 94.71%) of the loans was
yang diberikan dikategorikan sebagai tidak mengalami classified as unimpaired.
penurunan nilai.
Konsentrasi risiko aset keuangan dengan eksposur Concentration of risks of financial assets with credit
risiko kredit risk exposure
a) Sektor geografis a) Geographical sectors
Tabel berikut menggambarkan rincian eksposur The following tables describe Bank CIMB Niaga
kredit Bank CIMB Niaga dan Entitas Anak pada nilai and Subsidiaries credit exposure at their carrying
tercatat (tanpa memperhitungkan agunan atau amounts (without taking into account of any
pendukung kredit lainnya), yang dikategorikan collateral held or other credit enhancements), as
berdasarkan area geografis pada tanggal of 31 December 2025, 2024, and 2023.
31 Desember 2025, 2024, dan 2023. For these tables, Bank CIMB Niaga and
Untuk tabel ini, Bank CIMB Niaga dan Entitas Anak Subsidiaries has allocated exposures to regions
telah mengalokasikan eksposur area berdasarkan based on the geographical area which activities
wilayah geografis tempat mereka beroperasi. are undertaken.
2025
Indonesia
Timur/ Anak
Jakarta/ Jawa Barat/ Jawa Tengah/ Jawa Timur/ East Sumatera/ Perusahaan/ Jumlah/
Jakarta West Java Central Java East Java Indonesia Sumatera Subsidiaries Total
Giro pada Current accounts with
Bank Indonesia 11,670,605 - - - - - - 11,670,605 Bank Indonesia
Giro pada bank lain 778,136 - - - - - 1,129,730 1,907,866 Current accounts with other banks
Penempatan pada bank lain Placements with other banks
dan Bank Indonesia 11,833,388 - - - - - 9,200 11,842,588 and Bank Indonesia
Efek-efek Marketable securities
Nilai wajar melalui laba rugi 3,484,397 - - - - - - 3,484,397 Fair value through profit or loss
Nilai wajar melalui penghasilan komprehensif lain 16,174,004 - - - - - - 16,174,004 Fair value through other comprehensive income
Biaya perolehan diamortisasi 668,413 - - - - - - 668,413 Amortised cost
Obligasi Pemerintah Government bonds
Nilai wajar melalui laba rugi 19,498,276 - - - - - - 19,498,276 Fair value through profit or loss
Nilai wajar melalui penghasilan komprehensif lain 36,573,619 - - - - - - 36,573,619 Fair value through other comprehensive income
Biaya perolehan diamortisasi 5,517,280 - - - - - 3,549,540 9,066,820 Amortised cost
Efek-efek yang dibeli dengan janji Securities purchased under
dijual kembali 1,000,129 - - - - - - 1,000,129 resale agreements
Tagihan derivatif 768,709 - - - - - 4,983 773,692 Derivative receivables
Kredit yang diberikan, Loans,
dan piutang pembiayaan konsumen and consumer financing receivables
Modal kerja 80,412,599 6,151,193 5,491,610 8,412,119 4,716,857 8,616,536 - 113,800,914 Working capital
Investasi 40,442,009 507,280 372,958 686,708 954,818 2,098,581 - 45,062,354 Investment
Konsumsi 50,682,184 4,161,105 1,795,685 4,710,534 1,739,032 6,046,175 10,310,842 79,445,557 Consumer
Tagihan akseptasi 1,884,475 13,496 2,863 36,216 - - - 1,937,050 Acceptance receivables
Pendapatan bunga yang masih
akan diterima 2,879,587 58,115 28,213 48,990 23,348 65,742 38 3,104,033 Accrued interest income
Aset lain-lain 2,557,657 - - - - - 1,538 2,559,195 Other assets
286,825,467 10,891,189 7,691,329 13,894,567 7,434,055 16,827,034 15,005,871 358,569,512
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (8,385,830) impairment losses
350,183,682
Halaman – 5/226 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 876
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
52. RISIKO KREDIT (lanjutan) 52. CREDIT RISK (continued)
(iv) Eksposur maksimum risiko kredit tanpa (iv) Maximum exposure to credit risk without taking into
memperhitungkan agunan dan pendukung kredit account of any collateral held and other credit
lainnya (lanjutan) enhancements (continued)
Konsentrasi risiko aset keuangan dengan eksposur Concentration of risks of financial assets with credit
risiko kredit (lanjutan) risk exposure (continued)
a) Sektor geografis (lanjutan) a) Geographical sectors (continued)
Tabel berikut menggambarkan rincian eksposur The following tables describe Bank CIMB Niaga
kredit Bank CIMB Niaga dan Entitas Anak pada nilai and Subsidiaries credit exposure at their carrying
tercatat (tanpa memperhitungkan agunan atau amounts (without taking into account of any
pendukung kredit lainnya), yang dikategorikan collateral held or other credit enhancements), as
berdasarkan area geografis pada tanggal 31 December 2025, 2024, and 2023.
31 Desember 2025, 2024, dan 2023. Untuk tabel ini, For these tables, Bank CIMB Niaga and
Bank CIMB Niaga dan Entitas Anak telah Subsidiaries has allocated exposures to regions
mengalokasikan eksposur area berdasarkan based on the geographical area which activities
wilayah geografis tempat mereka beroperasi. are undertaken. (continued)
(lanjutan)
2024
Indonesia
Timur/ Anak
Jakarta/ Jawa Barat/ Jawa Tengah/ Jawa Timur/ East Sumatera/ Perusahaan/ Jumlah/
Jakarta West Java Central Java East Java Indonesia Sumatera Subsidiaries Total
Giro pada Current accounts with
Bank Indonesia 9,990,709 - - - - - - 9,990,709 Bank Indonesia
Giro pada bank lain 1,567,255 - - - - - 941,662 2,508,917 Current accounts with other banks
Penempatan pada bank lain Placements with other banks
dan Bank Indonesia 5,047,395 - - - - - 300 5,047,695 and Bank Indonesia
Efek-efek Marketable securities
Nilai wajar melalui laba rugi 2,512,584 - - - - - - 2,512,584 Fair value through profit or loss
Nilai wajar melalui penghasilan komprehensif lain 20,019,890 - - - - - - 20,019,890 Fair value through other comprehensive income
Biaya perolehan diamortisasi 923,660 - - - - - - 923,660 Amortised cost
Obligasi Pemerintah Government bonds
Nilai wajar melalui laba rugi 19,601,478 - - - - - - 19,601,478 Fair value through profit or loss
Nilai wajar melalui penghasilan komprehensif lain 36,329,156 - - - - - - 36,329,156 Fair value through other comprehensive income
Biaya perolehan diamortisasi 12,398,417 - - - - - 2,025,576 14,423,993 Amortised cost
Efek-efek yang dibeli dengan janji Securities purchased under
dijual kembali 1,612,832 - - - - - - 1,612,832 resale agreements
Tagihan derivatif 1,184,890 - - - - - - 1,184,890 Derivative receivables
Kredit yang diberikan, Loans,
dan piutang pembiayaan konsumen and consumer financing receivables
Modal kerja 64,589,404 6,127,873 5,461,861 8,252,281 4,389,691 8,243,055 - 97,064,165 Working capital
Investasi 49,227,044 537,887 361,849 873,472 1,030,392 2,072,518 - 54,103,162 Investment
Konsumsi 48,813,963 4,209,293 1,840,615 4,542,953 1,720,219 5,655,566 10,053,059 76,835,668 Consumer
Tagihan akseptasi 2,659,637 49,966 12,173 32,128 - 7,896 - 2,761,800 Acceptance receivables
Pendapatan bunga yang masih
akan diterima 2,755,870 69,667 32,666 78,383 24,899 66,222 4 3,027,711 Accrued interest income
Aset lain-lain 2,275,899 - - - - - 227,287 2,503,186 Other assets
281,510,083 10,994,686 7,709,164 13,779,217 7,165,201 16,045,257 13,247,888 350,451,496
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (10,664,073) impairment losses
339,787,423 -
Halaman – 5/227 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 877
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
52. RISIKO KREDIT (lanjutan) 52. CREDIT RISK (continued)
(iv) Eksposur maksimum risiko kredit tanpa (iv) Maximum exposure to credit risk without taking into
memperhitungkan agunan dan pendukung kredit account of any collateral held and other credit
lainnya (lanjutan) enhancements (continued)
Konsentrasi risiko aset keuangan dengan eksposur Concentration of risks of financial assets with credit
risiko kredit (lanjutan) risk exposure (continued)
a) Sektor geografis (lanjutan) a) Geographical sectors (continued)
Tabel berikut menggambarkan rincian eksposur The following tables describe Bank CIMB Niaga
kredit Bank CIMB Niaga dan Entitas Anak pada nilai and Subsidiaries credit exposure at their carrying
tercatat (tanpa memperhitungkan agunan atau amounts (without taking into account of any
pendukung kredit lainnya), yang dikategorikan collateral held or other credit enhancements), as
berdasarkan area geografis pada tanggal 31 December 2025, 2024, and 2023.
31 Desember 2025, 2024, dan 2023. Untuk tabel ini, For these tables, Bank CIMB Niaga and
Bank CIMB Niaga dan Entitas Anak telah Subsidiaries has allocated exposures to regions
mengalokasikan eksposur area berdasarkan based on the geographical area which activities
wilayah geografis tempat mereka beroperasi. are undertaken. (continued)
(lanjutan)
2023
Indonesia
Timur/ Anak
Jakarta/ Jawa Barat/ Jawa Tengah/ Jawa Timur/ East Sumatera/ Perusahaan/ Jumlah/
Jakarta West Java Central Java East Java Indonesia Sumatera Subsidiaries Total
Giro pada Current accounts with
Bank Indonesia 13,180,254 - - - - - - 13,180,254 Bank Indonesia
Giro pada bank lain 1,628,223 - - - - - 1,075,043 2,703,266 Current accounts with other banks
Penempatan pada bank lain Placements with other banks
dan Bank Indonesia 4,541,702 - - - - - - 4,541,702 and Bank Indonesia
Efek-efek Marketable securities
Nilai wajar melalui laba rugi 1,401,241 - - - - - - 1,401,241 Fair value through profit or loss
Nilai wajar melalui penghasilan komprehensif lain 6,947,161 - - - - - - 6,947,161 Fair value through other comprehensive income
Biaya perolehan diamortisasi 1,049,407 658 3,841 785 - - - 1,054,691 Amortised cost
Obligasi Pemerintah Government bonds
Nilai wajar melalui laba rugi 16,418,263 - - - - - - 16,418,263 Fair value through profit or loss
Nilai wajar melalui penghasilan komprehensif lain 36,086,130 - - - - - - 36,086,130 Fair value through other comprehensive income
Biaya perolehan diamortisasi 18,092,114 - - - - - - 18,092,114 Amortised cost
Efek-efek yang dibeli dengan janji Securities purchased under
dijual kembali 5,159,387 - - - - - - 5,159,387 resale agreements
Tagihan derivatif 849,014 - - - - - - 849,014 Derivative receivables
Kredit yang diberikan, Loans,
dan piutang pembiayaan konsumen and consumer financing receivables
Modal kerja 59,657,826 5,975,907 4,992,544 8,012,274 4,144,481 7,625,551 - 90,408,583 Working capital
Investasi 45,794,455 426,384 378,566 901,335 846,841 1,647,540 - 49,995,121 Investment
Konsumsi 47,870,304 4,014,901 1,865,983 4,643,322 1,802,765 5,315,571 7,453,320 72,966,166 Consumer
Tagihan akseptasi 1,023,594 43,914 13,972 16,859 - 3,752 - 1,102,091 Acceptance receivables
Pendapatan bunga yang masih
akan diterima 3,042,226 76,595 41,157 156,077 31,570 66,430 142 3,414,197 Accrued interest income
Aset lain-lain 2,151,622 - - - - - 112,148 2,263,770 Other assets
264,892,923 10,538,359 7,296,063 13,730,652 6,825,657 14,658,844 8,640,653 326,583,151
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (12,533,494) impairment losses
314,049,657
Halaman – 5/228 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 878
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
52. RISIKO KREDIT (lanjutan) 52. CREDIT RISK (continued)
(iv) Eksposur maksimum risiko kredit tanpa (iv) Maximum exposure to credit risk without taking into
memperhitungkan agunan dan pendukung kredit account of any collateral held and other credit
lainnya (lanjutan) enhancements (continued)
Konsentrasi risiko aset keuangan dengan eksposur Concentration of risks of financial assets with credit
risiko kredit (lanjutan) risk exposure (continued)
a) Sektor geografis (lanjutan) a) Geographical sectors (continued)
Eksposur risiko kredit atas rekening administratif Credit risk exposure relating to off-balance sheet
adalah: items were as follows:
2025
Indonesia
Timur/ Anak
Jakarta/ Jawa Barat/ Jawa Tengah/ Jawa Timur/ East Sumatera/ Perusahaan/ Jumlah/
Jakarta West Java Central Java East Java Indonesia Sumatera Subsidiaries Total
Fasilitas kredit kepada nasabah Unused loan facilities granted
yang belum ditarik - committed - committed
Modal kerja 13,978,198 - - - - - - 13,978,198 Working capital
Investasi 2,744,173 28,627 - - - 345,000 - 3,117,800 Investment
Konsumsi 1,932 - - 476 - 435 - 2,843 Consumer
Irrevocable letters of credit Outstanding irrevocable
yang masih berjalan 13,404 1,627,594 55,856 327,449 81,356 38,018 - 2,143,677 letters of credit
Garansi yang diterbitkan 4,194,167 759,728 225,813 529,604 199,326 774,003 - 6,682,641 Guarantees issued
20,931,874 2,415,949 281,669 857,529 280,682 1,157,456 - 25,925,159
2024
Indonesia
Timur/ Anak
Jakarta/ Jawa Barat/ Jawa Tengah/ Jawa Timur/ East Sumatera/ Perusahaan/ Jumlah/
Jakarta West Java Central Java East Java Indonesia Sumatera Subsidiaries Total
Fasilitas kredit kepada nasabah Unused loan facilities granted
yang belum ditarik - committed - committed
Modal kerja 10,179,627 - 35,000 9,931 - - - 10,224,558 Working capital
Investasi 5,998,009 11,317 - - - - - 6,009,326 Investment
Konsumsi 18 - - 114 - 576 - 708 Consumer
Irrevocable letters of credit Outstanding irrevocable
yang masih berjalan 1,272,643 51,564 292,533 222,998 - 16,176 - 1,855,914 letters of credit
Garansi yang diterbitkan 3,612,313 708,899 190,160 449,945 215,926 710,848 - 5,888,091 Guarantees issued
21,062,610 771,780 517,693 682,988 215,926 727,600 - 23,978,597
2023
Indonesia
Timur/ Anak
Jakarta/ Jawa Barat/ Jawa Tengah/ Jawa Timur/ East Sumatera/ Perusahaan/ Jumlah/
Jakarta West Java Central Java East Java Indonesia Sumatera Subsidiaries Total
Fasilitas kredit kepada nasabah Unused loan facilities granted
yang belum ditarik - committed - committed
Modal kerja 6,170,630 - 115,000 8,933 - - - 6,294,563 Working capital
Investasi 6,067,870 12,888 - - - - - 6,080,758 Investment
Konsumsi 245 4,773 - 38 - 673 - 5,729 Consumer
Irrevocable letters of credit Outstanding irrevocable
yang masih berjalan 984,319 89,686 320,986 224,304 - 6,147 - 1,625,442 letters of credit
Garansi yang diterbitkan 2,924,325 1,139,806 141,824 279,503 165,552 713,138 - 5,364,148 Guarantees issued
16,147,389 1,247,153 577,810 512,778 165,552 719,958 - 19,370,640
Halaman – 5/229 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 879
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
52. RISIKO KREDIT (lanjutan) 52. CREDIT RISK (continued)
(iv) Eksposur maksimum risiko kredit tanpa (iv) Maximum exposure to credit risk without taking into
memperhitungkan agunan dan pendukung kredit account of any collateral held and other credit
lainnya (lanjutan) enhancements (continued)
Konsentrasi risiko aset keuangan dengan eksposur Concentration of risks of financial assets with credit
risiko kredit (lanjutan) risk exposure (continued)
b) Sektor industri b) Industry sectors
Tabel berikut ini menggambarkan rincian eksposur The following tables describes Bank CIMB Niaga
kredit Bank CIMB Niaga dan Entitas Anak pada nilai and Subsidiaries credit exposure at carrying
tercatat (tanpa memperhitungkan agunan atau amounts (without taking into account of any
pendukung kredit lainnya) yang dikategorikan collateral held or other credit enhancements) as
berdasarkan sektor industri pada tanggal categorised by the industry sectors as at
31 Desember 2025, 2024, dan 2023: 31 December 2025, 2024, and 2023:
2025
Lembaga
keuangan
bukan Bank/ Perusahaan
Financial lainnya/
Pemerintah/ Bank/ institution Others Perseorangan/ Jumlah/
Government Bank non Banks company Individual Total
Giro pada Current account with
Bank Indonesia 11,670,605 - - - - 11,670,605 Bank Indonesia
Giro pada bank lain - 1,907,866 - - - 1,907,866 Current accounts with other banks
Penempatan pada bank lain Placement with other banks
dan Bank Indonesia - 11,842,588 - - - 11,842,588 and Bank Indonesia
Efek-efek Marketable securities
Nilai wajar melalui laba rugi 3,201,027 42,796 105,947 134,627 - 3,484,397 Fair value through profit or loss
Nilai wajar melalui penghasilan komprehensif lain 8,612,330 1,142,674 4,176,060 2,242,940 - 16,174,004 Fair value through other comprehensive income
Biaya perolehan diamortisasi - - 20,036 648,377 - 668,413 Amortised cost
Obligasi Pemerintah Government bonds
Nilai wajar melalui laba rugi 19,498,276 - - - - 19,498,276 Fair value through profit or loss
Nilai wajar melalui penghasilan komprehensif lain 36,573,619 - - - - 36,573,619 Fair value through other comprehensive income
Biaya perolehan diamortisasi 9,066,820 - - - - 9,066,820 Amortised cost
Efek-efek yang dibeli dengan janji Securities purchased under
dijual kembali 257,211 742,918 - - - 1,000,129 resale agreement
Tagihan derivatif 1,465 370,486 36,934 360,829 3,978 773,692 Derivative receivables
Kredit yang diberikan, Loans,
dan piutang pembiayaan konsumen and consumer financing receivables
Modal kerja 43,436 2,683,123 11,876,057 88,031,724 11,166,574 113,800,914 Working capital
Investasi 65,421 797,400 1,123,849 42,273,926 801,758 45,062,354 Investment
Konsumsi - 292 3,403 27,496 79,414,366 79,445,557 Consumer
Tagihan akseptasi - - - 1,937,050 - 1,937,050 Acceptance receivables
Pendapatan bunga yang masih akan diterima 1,150,493 78,614 34,428 1,426,321 414,177 3,104,033 Accrued interest income
Aset lain-lain - - - 2,559,195 - 2,559,195 Other assets
90,140,703 19,608,757 17,376,714 139,642,485 91,800,853 358,569,512
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (8,385,830) impairment losses
350,183,682
Halaman – 5/230 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 880
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
52. RISIKO KREDIT (lanjutan) 52. CREDIT RISK (continued)
(iv) Eksposur maksimum risiko kredit tanpa (iv) Maximum exposure to credit risk without taking into
memperhitungkan agunan dan pendukung kredit account of any collateral held and other credit
lainnya (lanjutan) enhancements (continued)
Konsentrasi risiko aset keuangan dengan eksposur Concentration of risks of financial assets with credit
risiko kredit (lanjutan) risk exposure (continued)
b) Sektor industri (lanjutan) b) Industry sectors (continued)
Tabel berikut ini menggambarkan rincian eksposur The following tables describes Bank CIMB Niaga
kredit Bank CIMB Niaga dan Entitas Anak pada nilai and Subsidiaries credit exposure at carrying
tercatat (tanpa memperhitungkan agunan atau amounts (without taking into account of any
pendukung kredit lainnya) yang dikategorikan collateral held or other credit enhancements) as
berdasarkan sektor industri pada tanggal categorised by the industry sectors as at
31 Desember 2025, 2024, dan 2023: (lanjutan) 31 December 2025, 2024, and 2023: (continued)
2024
Lembaga
keuangan
bukan Bank/ Perusahaan
Financial lainnya/
Pemerintah/ Bank/ institution Others Perseorangan/ Jumlah/
Government Bank non Banks company Individual Total
Giro pada Current account with
Bank Indonesia 9,990,709 - - - - 9,990,709 Bank Indonesia
Giro pada bank lain - 2,508,917 - - - 2,508,917 Current accounts with other banks
Penempatan pada bank lain Placement with other banks
dan Bank Indonesia 4,849,107 198,588 - - - 5,047,695 and Bank Indonesia
Efek-efek Marketable securities
Nilai wajar melalui laba rugi 2,090,968 7,879 161,468 252,269 - 2,512,584 Fair value through profit or loss
Nilai wajar melalui penghasilan komprehensif lain 14,251,832 815,589 2,875,749 2,076,720 - 20,019,890 Fair value through other comprehensive income
Biaya perolehan diamortisasi - - 20,111 903,549 - 923,660 Amortised cost
Obligasi Pemerintah Government bonds
Nilai wajar melalui laba rugi 19,601,478 - - - - 19,601,478 Fair value through profit or loss
Nilai wajar melalui penghasilan komprehensif lain 36,329,156 - - - - 36,329,156 Fair value through other comprehensive income
Biaya perolehan diamortisasi 14,423,993 - - - - 14,423,993 Amortised cost
Efek-efek yang dibeli dengan janji Securities purchased under
dijual kembali - 1,612,832 - - - 1,612,832 resale agreement
Tagihan derivatif 66,928 349,985 39,009 538,507 190,461 1,184,890 Derivative receivables
Kredit yang diberikan, Loans,
dan piutang pembiayaan konsumen and consumer financing receivables
Modal kerja 536,253 2,056,722 8,186,359 75,206,137 11,078,694 97,064,165 Working capital
Investasi 33,259 1,063,601 1,158,379 50,983,552 864,371 54,103,162 Investment
Konsumsi - 17 2,500 27,780 76,805,371 76,835,668 Consumer
Tagihan akseptasi - 2,053,204 - 708,596 - 2,761,800 Acceptance receivables
Pendapatan bunga yang masih akan diterima 1,073,879 70,456 28,263 1,432,129 422,984 3,027,711 Accrued interest income
Aset lain-lain - - - 2,503,186 - 2,503,186 Other assets
103,247,562 10,737,790 12,471,838 134,632,425 89,361,881 350,451,496
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (10,664,073) impairment losses
339,787,423
Halaman – 5/231 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 881
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
52. RISIKO KREDIT (lanjutan) 52. CREDIT RISK (continued)
(iv) Eksposur maksimum risiko kredit tanpa (iv) Maximum exposure to credit risk without taking into
memperhitungkan agunan dan pendukung kredit account of any collateral held and other credit
lainnya (lanjutan) enhancements (continued)
Konsentrasi risiko aset keuangan dengan eksposur Concentration of risks of financial assets with credit
risiko kredit (lanjutan) risk exposure (continued)
b) Sektor industri (lanjutan) b) Industry sectors (continued)
Tabel berikut ini menggambarkan rincian eksposur The following tables describes Bank CIMB Niaga
kredit Bank CIMB Niaga dan Entitas Anak pada nilai and Subsidiaries credit exposure at carrying
tercatat (tanpa memperhitungkan agunan atau amounts (without taking into account of any
pendukung kredit lainnya) yang dikategorikan collateral held or other credit enhancements) as
berdasarkan sektor industri pada tanggal categorised by the industry sectors as at
31 Desember 2025, 2024, dan 2023: (lanjutan) 31 December 2025, 2024, and 2023: (continued)
2023
Lembaga
keuangan
bukan Bank/ Perusahaan
Financial lainnya/
Pemerintah/ Bank/ institution Others Perseorangan/ Jumlah/
Government Bank non Banks company Individual Total
Giro pada Current account with
Bank Indonesia 13,180,254 - - - - 13,180,254 Bank Indonesia
Giro pada bank lain - 2,703,266 - - - 2,703,266 Current accounts with other banks
Penempatan pada bank lain Placement with other banks
dan Bank Indonesia - 4,541,702 - - - 4,541,702 and Bank Indonesia
Efek-efek Marketable securities
Nilai wajar melalui laba rugi 57,262 130,262 517,797 695,920 - 1,401,241 Fair value through profit or loss
Nilai wajar melalui penghasilan komprehensif lain 224,570 650,322 4,057,886 2,014,383 - 6,947,161 Fair value through other comprehensive income
Biaya perolehan diamortisasi - - 24,186 1,030,505 - 1,054,691 Amortised cost
Obligasi Pemerintah Government bonds
Nilai wajar melalui laba rugi 16,418,263 - - - - 16,418,263 Fair value through profit or loss
Nilai wajar melalui penghasilan komprehensif lain 36,086,130 - - - - 36,086,130 Fair value through other comprehensive income
Biaya perolehan diamortisasi 18,092,114 - - - - 18,092,114 Amortised cost
Efek-efek yang dibeli dengan janji Securities purchased under
dijual kembali 4,474,159 685,228 - - - 5,159,387 resale agreement
Tagihan derivatif - 298,442 40,710 357,486 152,376 849,014 Derivative receivables
Kredit yang diberikan, Loans,
dan piutang pembiayaan konsumen and consumer financing receivables
Modal kerja 13,188 1,942,096 6,551,065 71,401,088 10,501,146 90,408,583 Working capital
Investasi - 814,117 1,427,881 46,949,529 803,594 49,995,121 Investment
Konsumsi - 310 2,972 26,235 72,936,649 72,966,166 Consumer
Tagihan akseptasi - 887,545 - 214,546 - 1,102,091 Acceptance receivables
Pendapatan bunga yang masih akan diterima 1,299,963 87,371 22,298 1,521,113 483,452 3,414,197 Accrued interest income
Aset lain-lain - - - 2,263,770 - 2,263,770 Other assets
89,845,903 12,740,661 12,644,795 126,474,575 84,877,217 326,583,151
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (12,533,494) impairment losses
314,049,657
Halaman – 5/232 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 882
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
52. RISIKO KREDIT (lanjutan) 52. CREDIT RISK (continued)
(iv) Eksposur maksimum risiko kredit tanpa (iv) Maximum exposure to credit risk without taking into
memperhitungkan agunan dan pendukung kredit account of any collateral held and other credit
lainnya (lanjutan) enhancements (continued)
Konsentrasi risiko aset keuangan dengan eksposur Concentration of risks of financial assets with credit
risiko kredit (lanjutan) risk exposure (continued)
b) Sektor industri (lanjutan) b) Industry sectors (continued)
Eksposur risiko kredit yang terkait dengan unsur Credit risk exposure relating to the administrative
rekening administratif pada tanggal accounts items as at 31 December 2025, 2024,
31 Desember 2025, 2024, dan 2023. and 2023.
2025
Lembaga
keuangan
bukan Bank/ Perusahaan
Financial lainnya/
Pemerintah/ Bank/ institution Others Perseorangan/ Jumlah/
Government Bank non Banks company Individual Total
Fasilitas kredit kepada nasabah Unused loan facilities granted
yang belum ditarik - committed - committed
Modal kerja - - - 13,976,611 1,587 13,978,198 Working capital
Investasi - - 466,754 2,651,046 - 3,117,800 Investment
Konsumsi - - - - 2,843 2,843 Consumer
Irrevocable letters of credit Outstanding irrecovable
yang masih berjalan - - - 2,143,677 - 2,143,677 letters of credit
Garansi yang diterbitkan - - - 6,682,641 - 6,682,641 Guarantees issued
- - 466,754 25,453,975 4,430 25,925,159
2024
Lembaga
keuangan
bukan Bank/ Perusahaan
Financial lainnya/
Pemerintah/ Bank/ institution Others Perseorangan/ Jumlah/
Government Bank non Banks company Individual Total
Fasilitas kredit kepada nasabah Unused loan facilities granted
yang belum ditarik - committed - committed
Modal kerja - 50,000 - 10,174,558 - 10,224,558 Working capital
Investasi - - 644,339 5,364,987 - 6,009,326 Investment
Konsumsi - - - - 708 708 Consumer
Irrevocable letters of credit Outstanding irrecovable
yang masih berjalan - - - 1,855,914 - 1,855,914 letters of credit
Garansi yang diterbitkan - - - 5,888,091 - 5,888,091 Guarantees issued
- 50,000 644,339 23,283,550 708 23,978,597
2023
Lembaga
keuangan
bukan Bank/ Perusahaan
Financial lainnya/
Pemerintah/ Bank/ institution Others Perseorangan/ Jumlah/
Government Bank non Banks company Individual Total
Fasilitas kredit kepada nasabah Unused loan facilities granted
yang belum ditarik - committed - committed
Modal kerja - - 332,463 5,962,100 - 6,294,563 Working capital
Investasi - - 524,707 5,556,051 - 6,080,758 Investment
Konsumsi - - - - 5,729 5,729 Consumer
Irrevocable letters of credit Outstanding irrecovable
yang masih berjalan - - - 1,625,442 - 1,625,442 letters of credit
Garansi yang diterbitkan - - - 5,364,148 - 5,364,148 Guarantees issued
- - 857,170 18,507,741 5,729 19,370,640
Halaman – 5/233 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 883
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
52. RISIKO KREDIT (lanjutan) 52. CREDIT RISK (continued)
(iv) Eksposur maksimum risiko kredit tanpa (iv) Maximum exposure to credit risk without taking into
memperhitungkan agunan dan pendukung kredit account of any collateral held and other credit
lainnya (lanjutan) enhancements (continued)
Konsentrasi risiko aset keuangan dengan eksposur Concentration of risks of financial assets with credit
risiko kredit (lanjutan) risk exposure (continued)
c) Kualitas kredit dari aset keuangan c) Credit quality of financial assets
Pada tanggal 31 Desember 2025, 2024, dan 2023, As at 31 December 2025, 2024, and 2023, credit
eksposur risiko kredit atas aset keuangan terbagi risk exposure relating to financial assets were
atas: divided as follows:
2025
Tahap/ Tahap/ Tahap/ Jumlah/
Konvensional Stage 1 Stage 2 Stage 3 Total Conventional
Current accounts with
Giro pada Bank Indonesia 8,524,282 - - 8,524,282 Bank Indonesia
Giro pada bank lain 1,907,866 - - 1,907,866 Current accounts with other banks
Penempatan pada bank lain Placement with other banks
dan Bank Indonesia 3,388,600 - - 3,388,600 and Bank Indonesia
Efek-efek Marketable securities
Nilai wajar melalui laba rugi 3,484,397 - - 3,484,397 Fair value through profit or loss
Nilai wajar melalui penghasilan komprehensif lain 16,174,004 - - 16,174,004 Fair value through other comprehensive income
Biaya perolehan diamortisasi 668,413 - - 668,413 Amortised cost
Obligasi Pemerintah Government bonds
Nilai wajar melalui laba rugi 19,498,276 - - 19,498,276 Fair value through profit or loss
Nilai wajar melalui penghasilan komprehensif lain 34,773,077 - - 34,773,077 Fair value through other comprehensive income
Biaya perolehan diamortisasi 8,444,018 - - 8,444,018 Amortised cost
Efek-efek yang dibeli dengan janji Securities purchased under
dijual kembali 1,000,129 - - 1,000,129 resale agreements
Tagihan derivatif 773,692 - - 773,692 Derivative receivables
Kredit yang diberikan Loans
Modal kerja 86,923,349 7,794,288 3,931,461 98,649,098 Working capital
Investasi 29,080,058 2,465,001 787,669 32,332,728 Investment
Konsumsi 39,027,119 1,409,476 860,707 41,297,302 Consumer
Piutang pembiayaan konsumen 4,904,115 261,083 140,578 5,305,776 Consumer financing receivables
Tagihan akseptasi 1,730,079 17,526 645 1,748,250 Acceptance receivables
Pendapatan bunga yang masih
akan diterima 1,602,750 1,027,799 - 2,630,549 Accrued interest income
Aset lain-lain 1,301,869 - - 1,301,869 Other assets
263,206,093 12,975,173 5,721,060 281,902,326
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (702,861) (870,523) (5,045,201) (6,618,585) impairment losses
Jumlah 262,503,232 12,104,650 675,859 275,283,741 Total
Halaman – 5/234 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 884
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
52. RISIKO KREDIT (lanjutan) 52. CREDIT RISK (continued)
(iv) Eksposur maksimum risiko kredit tanpa (iv) Maximum exposure to credit risk without taking into
memperhitungkan agunan dan pendukung kredit account of any collateral held and other credit
lainnya (lanjutan) enhancements (continued)
Konsentrasi risiko aset keuangan dengan eksposur Concentration of risks of financial assets with credit
risiko kredit (lanjutan) risk exposure (continued)
c) Kualitas kredit dari aset keuangan (lanjutan) c) Credit quality of financial assets (continued)
Pada tanggal 31 Desember 2025, 2024, dan 2023, As at 31 December 2025, 2024, and 2023, credit
eksposur risiko kredit atas aset keuangan terbagi risk exposure relating to financial assets were
atas: (lanjutan) divided as follows: (continued)
2025
Belum jatuh tempo
atau tidak Telah jatuh tempo
mengalami tetapi tidak
penurunan nilai/ mengalami
Neither past due penurunan nilai/ Mengalami
nor Past due but not penurunan nilai/ Jumlah/
impaired impaired Impaired Total
Syariah Sharia
Giro pada Bank Indonesia 3,146,323 - - 3,146,323 Current accounts with Bank Indonesia
Penempatan pada bank lain Placement with other banks
dan Bank Indonesia 8,453,988 - - 8,453,988 and Bank Indonesia
Obligasi Pemerintah Government bonds
Nilai wajar melalui penghasilan komprehensif lain 1,800,542 - - 1,800,542 Fair value through other comprehensive income
Biaya perolehan diamortisasi 622,802 - - 622,802 Amortised cost
Kredit yang diberikan Loans
Modal kerja 15,042,113 129 109,574 15,151,816 Working capital
Investasi 12,123,989 - 605,637 12,729,626 Investment
Konsumsi 26,842,302 - 995,111 27,837,413 Consumer
Piutang pembiayaan konsumen 5,005,066 - - 5,005,066 Consumer financing receivables
Tagihan akseptasi 188,800 - - 188,800 Acceptance receivables
Pendapatan bunga yang masih
akan diterima 473,484 - - 473,484 Accrued interest income
Aset lain-lain 1,257,326 - - 1,257,326 Other assets
74,956,735 129 1,710,322 76,667,186
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (1,767,245) impairment losses
Jumlah - bersih 74,899,941 Total - net
Total 358,569,512 Total
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (8,385,830) impairment losses
350,183,682
Halaman – 5/235 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 885
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
52. RISIKO KREDIT (lanjutan) 52. CREDIT RISK (continued)
(iv) Eksposur maksimum risiko kredit tanpa (iv) Maximum exposure to credit risk without taking into
memperhitungkan agunan dan pendukung kredit account of any collateral held and other credit
lainnya (lanjutan) enhancements (continued)
Konsentrasi risiko aset keuangan dengan eksposur Concentration of risks of financial assets with credit
risiko kredit (lanjutan) risk exposure (continued)
c) Kualitas kredit dari aset keuangan (lanjutan) c) Credit quality of financial assets (continued)
Pada tanggal 31 Desember 2025, 2024, dan 2023, As at 31 December 2025, 2024, and 2023, credit
eksposur risiko kredit atas aset keuangan terbagi risk exposure relating to financial assets were
atas: (lanjutan) divided as follows: (continued)
2024
Tahap/ Tahap/ Tahap/ Jumlah/
Konvensional Stage 1 Stage 2 Stage 3 Total Conventional
Current accounts with
Giro pada Bank Indonesia 7,161,223 - - 7,161,223 Bank Indonesia
Giro pada bank lain 2,508,917 - - 2,508,917 Current accounts with other banks
Penempatan pada bank lain Placement with other banks
dan Bank Indonesia 3,047,403 - - 3,047,403 and Bank Indonesia
Efek-efek Marketable securities
Nilai wajar melalui laba rugi 2,512,584 - - 2,512,584 Fair value through profit or loss
Nilai wajar melalui penghasilan komprehensif lain 20,019,890 - - 20,019,890 Fair value through other comprehensive income
Biaya perolehan diamortisasi 923,660 - - 923,660 Amortised cost
Obligasi Pemerintah Government bonds
Nilai wajar melalui laba rugi 19,601,478 - - 19,601,478 Fair value through profit or loss
Nilai wajar melalui penghasilan komprehensif lain 35,954,645 - - 35,954,645 Fair value through other comprehensive income
Biaya perolehan diamortisasi 12,573,218 - - 12,573,218 Amortised cost
Efek-efek yang dibeli dengan janji Securities purchased under
dijual kembali 1,612,832 - - 1,612,832 resale agreements
Tagihan derivatif 1,184,890 - - 1,184,890 Derivative receivables
Kredit yang diberikan Loans
Modal kerja 71,318,427 7,669,392 5,158,814 84,146,633 Working capital
Investasi 33,208,933 3,527,847 1,608,571 38,345,351 Investment
Konsumsi 32,414,957 1,863,028 891,037 35,169,022 Consumer
Piutang pembiayaan konsumen 4,507,821 165,910 65,428 4,739,159 Consumer financing receivables
Tagihan akseptasi 2,376,917 194,650 9,167 2,580,734 Acceptance receivables
Pendapatan bunga yang masih
akan diterima 1,529,475 1,025,052 - 2,554,527 Accrued interest income
Aset lain-lain 1,345,919 - - 1,345,919 Other assets
253,803,189 14,445,879 7,733,017 275,982,085
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (1,073,119) (1,025,817) (6,733,045) (8,831,981) impairment losses
Jumlah 252,730,070 13,420,062 999,972 267,150,104 Total
Halaman – 5/236 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 886
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
52. RISIKO KREDIT (lanjutan) 52. CREDIT RISK (continued)
(iv) Eksposur maksimum risiko kredit tanpa (iv) Maximum exposure to credit risk without taking into
memperhitungkan agunan dan pendukung kredit account of any collateral held and other credit
lainnya (lanjutan) enhancements (continued)
Konsentrasi risiko aset keuangan dengan eksposur Concentration of risks of financial assets with credit
risiko kredit (lanjutan) risk exposure (continued)
c) Kualitas kredit dari aset keuangan (lanjutan) c) Credit quality of financial assets (continued)
Pada tanggal 31 Desember 2025, 2024, dan 2023, As at 31 December 2025. 2024, credit risk
eksposur risiko kredit atas aset keuangan terbagi exposure relating to financial assets were divided
atas: (lanjutan) as follows: (continued)
2024
Belum jatuh tempo
atau tidak Telah jatuh tempo
mengalami tetapi tidak
penurunan nilai/ mengalami
Neither past due penurunan nilai/ Mengalami
nor Past due but not penurunan nilai/ Jumlah/
impaired impaired Impaired Total
Syariah Sharia
Giro pada Bank Indonesia 2,829,486 - - 2,829,486 Current accounts with Bank Indonesia
Penempatan pada bank lain Placement with other banks
dan Bank Indonesia 2,000,292 - - 2,000,292 and Bank Indonesia
Obligasi Pemerintah Government bonds
Nilai wajar melalui penghasilan komprehensif lain 374,511 - - 374,511 Fair value through other comprehensive income
Biaya perolehan diamortisasi 1,850,775 - - 1,850,775 Amortised cost
Kredit yang diberikan Loans
Modal kerja 12,791,469 49,096 76,967 12,917,532 Working capital
Investasi 15,135,102 - 622,709 15,757,811 Investment
Konsumsi 30,823,193 - 790,394 31,613,587 Consumer
Piutang pembiayaan konsumen 5,313,900 - - 5,313,900 Consumer financing receivables
Tagihan akseptasi 181,066 - - 181,066 Acceptance receivables
Pendapatan bunga yang masih
akan diterima 473,184 - - 473,184 Accrued interest income
Aset lain-lain 1,157,267 - - 1,157,267 Other assets
72,930,245 49,096 1,490,070 74,469,411
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (1,832,092) impairment losses
Jumlah - bersih 72,637,319 Total - net
Total 350,451,496 Total
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (10,664,073) impairment losses
339,787,423
Halaman – 5/237 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 887
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
52. RISIKO KREDIT (lanjutan) 52. CREDIT RISK (continued)
(iv) Eksposur maksimum risiko kredit tanpa (iv) Maximum exposure to credit risk without taking into
memperhitungkan agunan dan pendukung kredit account of any collateral held and other credit
lainnya (lanjutan) enhancements (continued)
Konsentrasi risiko aset keuangan dengan eksposur Concentration of risks of financial assets with credit
risiko kredit (lanjutan) risk exposure (continued)
c) Kualitas kredit dari aset keuangan (lanjutan) c) Credit quality of financial assets (continued)
Pada tanggal 31 Desember 2025, 2024, dan 2023, As at 31 December 2025, 2024, and 2023, credit
eksposur risiko kredit atas aset keuangan terbagi risk exposure relating to financial assets were
atas: (lanjutan) divided as follows: (continued)
2023
Tahap / Tahap / Tahap / Jumlah/
Konvensional Stage 1 Stage 2 Stage 3 Total Conventional
Current accounts with
Giro pada Bank Indonesia 11,500,655 - - 11,500,655 Bank Indonesia
Giro pada bank lain 2,703,266 - - 2,703,266 Current accounts with other banks
Penempatan pada bank lain Placement with other banks
dan Bank Indonesia 2,682,182 - 8,711 2,690,893 and Bank Indonesia
Efek-efek Marketable securities
Nilai wajar melalui laba rugi 1,401,241 - - 1,401,241 Fair value through profit or loss
Nilai wajar melalui penghasilan komprehensif lain 6,916,367 - - 6,916,367 Fair value through other comprehensive income
Biaya perolehan diamortisasi 1,004,707 - 49,984 1,054,691 Amortised cost
Obligasi Pemerintah Government bonds
Nilai wajar melalui laba rugi 16,418,263 - - 16,418,263 Fair value through profit or loss
Nilai wajar melalui penghasilan komprehensif lain 34,435,687 - - 34,435,687 Fair value through other comprehensive income
Biaya perolehan diamortisasi 14,848,091 - - 14,848,091 Amortised cost
Efek-efek yang dibeli dengan janji Securities purchased under
dijual kembali 5,159,387 - - 5,159,387 resale agreements
Tagihan derivatif 849,014 - - 849,014 Derivative receivables
Kredit yang diberikan Loans
Modal kerja 67,243,156 7,540,310 6,131,823 80,915,289 Working capital
Investasi 27,101,900 3,949,718 2,889,126 33,940,744 Investment
Konsumsi 32,671,954 2,422,600 724,672 35,819,226 Consumer
Piutang pembiayaan konsumen 2,936,549 67,134 48,991 3,052,674 Consumer financing receivables
Tagihan akseptasi 1,012,049 52,770 9,842 1,074,661 Acceptance receivables
Pendapatan bunga yang masih
akan diterima 1,643,945 1,279,526 - 2,923,471 Accrued interest income
Aset lain-lain 1,819,052 - 429,499 2,248,551 Other assets
232,347,465 15,312,058 10,292,648 257,952,171
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (1,168,487) (1,310,093) (8,403,496) (10,882,076) impairment losses
Jumlah 231,178,978 14,001,965 1,889,152 247,070,095 Total
Halaman – 5/238 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 888
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
52. RISIKO KREDIT (lanjutan) 52. CREDIT RISK (continued)
(iv) Eksposur maksimum risiko kredit tanpa (iv) Maximum exposure to credit risk without taking into
memperhitungkan agunan dan pendukung kredit account of any collateral held and other credit
lainnya (lanjutan) enhancements (continued)
Konsentrasi risiko aset keuangan dengan eksposur Concentration of risks of financial assets with credit
risiko kredit (lanjutan) risk exposure (continued)
c) Kualitas kredit dari aset keuangan (lanjutan) c) Credit quality of financial assets (continued)
Pada tanggal 31 Desember 2025, 2024, dan 2023, As at 31 December 2025. 2024, credit risk
eksposur risiko kredit atas aset keuangan terbagi exposure relating to financial assets were divided
atas: (lanjutan) as follows: (continued)
2023
Belum jatuh tempo
atau tidak Telah jatuh tempo
mengalami tetapi tidak
penurunan nilai/ mengalami
Neither past due penurunan nilai/ Mengalami
nor Past due but not penurunan nilai/ Jumlah/
impaired impaired Impaired Total
Syariah Sharia
Current accounts with
Giro pada Bank Indonesia 1,679,599 - - 1,679,599 Bank Indonesia
Penempatan pada bank lain Placement with other banks
dan Bank Indonesia 1,850,809 - - 1,850,809 and Bank Indonesia
Efek-efek Marketable securities
Nilai wajar melalui laba rugi - - - - Fair value through profit or loss
Nilai wajar melalui penghasilan komprehensif lain 30,794 - - 30,794 Fair value through other comprehensive income
Biaya perolehan diamortisasi - - - - Amortised cost
Obligasi Pemerintah Government bonds
Nilai wajar melalui laba rugi - - - - Fair value through profit or loss
Nilai wajar melalui penghasilan komprehensif lain 1,650,443 - - 1,650,443 Fair value through other comprehensive income
Biaya perolehan diamortisasi 3,244,023 - - 3,244,023 Amortised cost
Kredit yang diberikan Loans
Modal kerja 9,481,958 60 11,276 9,493,294 Working capital
Investasi 15,460,868 - 593,509 16,054,377 Investment
Konsumsi 29,159,421 - 534,199 29,693,620 Consumer
Piutang pembiayaan konsumen 4,400,646 - - 4,400,646 Consumer financing receivables
Tagihan akseptasi 27,430 - - 27,430 Acceptance receivables
Pendapatan bunga yang masih
akan diterima 490,726 - - 490,726 Accrued interest income
Aset lain-lain 15,219 - - 15,219 Other assets
67,491,936 60 1,138,984 68,630,980
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (1,651,418) impairment losses
Jumlah - bersih 66,979,562 Total - net
Total 326,583,151 Total
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (12,533,494) impairment losses
314,049,657
Halaman – 5/239 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 889
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
52. RISIKO KREDIT (lanjutan) 52. CREDIT RISK (continued)
(iv) Eksposur maksimum risiko kredit tanpa (iv) Maximum exposure to credit risk without taking into
memperhitungkan agunan dan pendukung kredit account of any collateral held and other credit
lainnya (lanjutan) enhancements (continued)
Konsentrasi risiko aset keuangan dengan eksposur Concentration of risks of financial assets with credit
risiko kredit (lanjutan) risk exposure (continued)
c) Kualitas kredit dari aset keuangan (lanjutan) c) Credit quality of financial assets (continued)
Analisis umur kredit yang diberikan yang Aging analysis of loans that are “past due but not
“telah jatuh tempo tetapi tidak mengalami impaired” As at 31 December 2025, 2024, and
penurunan nilai” pada tanggal 31 Desember 2025, 2023 were set out belows:
2024, dan 2023 adalah:
2025
Modal kerja/ Investasi/ Konsumsi/
Working capital Investment Consumer Jumlah/Total
1 - 30 hari 6,559 5,894 1,098,244 1,110,697 1 - 30 days
31 - 60 hari 111,872 14,180 845,938 971,990 31 - 60 days
61 - 90 hari 95,700 17,657 710,108 823,465 61 - 90 days
214,131 37,731 2,654,290 2,906,152
2024
Modal kerja/ Investasi/ Konsumsi/
Working capital Investment Consumer Jumlah/Total
1 - 30 hari 5,717 5,432 1,065,416 1,076,565 1 - 30 days
31 - 60 hari 145,405 12,527 840,734 998,666 31 - 60 days
61 - 90 hari 91,097 9,125 752,811 853,033 61 - 90 days
242,219 27,084 2,658,961 2,928,264
2023
Modal kerja/ Investasi/ Konsumsi/
Working capital Investment Consumer Jumlah/Total
1 - 30 hari 12,375 1,228 1,112,170 1,125,773 1 - 30 days
31 - 60 hari 126,872 8,970 688,131 823,973 31 - 60 days
61 - 90 hari 79,025 4,875 668,416 752,316 61 - 90 days
218,272 15,073 2,468,717 2,702,062
Halaman – 5/240 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 890
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
52. RISIKO KREDIT (lanjutan) 52. CREDIT RISK (continued)
(v) Kredit yang diberikan (v) Loans
Ikhtisar kredit yang diberikan adalah: Loans are summarised as follows:
2025
Tidak mengalami Mengalami
penurunan nilai/ penurunan nilai/ Jumlah/
Unimpaired Impaired Total
Rupiah 181,466,067 5,499,205 186,965,272 Rupiah
Mata uang asing 39,241,757 1,790,954 41,032,711 Foreign currencies
Jumlah 220,707,824 7,290,159 227,997,983 Total
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (8,053,555) impairment losses
219,944,428
2024
Tidak mengalami Mengalami
penurunan nilai/ penurunan nilai/ Jumlah/
Unimpaired Impaired Total
Rupiah 176,022,590 6,096,788 182,119,378 Rupiah
Mata uang asing 32,778,854 3,051,704 35,830,558 Foreign currencies
Jumlah 208,801,444 9,148,492 217,949,936 Total
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (10,451,126) impairment losses
207,498,810
2023
Tidak mengalami Mengalami
penurunan nilai/ penurunan nilai/ Jumlah/
Unimpaired Impaired Total
Rupiah 169,077,380 7,546,120 176,623,500 Rupiah
Mata uang asing 25,954,565 3,338,485 29,293,050 Foreign currencies
Jumlah 195,031,945 10,884,605 205,916,550 Total
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (11,905,707) impairment losses
194,010,843
Halaman – 5/241 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 891
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
52. RISIKO KREDIT (lanjutan) 52. CREDIT RISK (continued)
(vi) Penempatan pada bank lain dan Bank Indonesia (vi) Placement with other banks and Bank Indonesia
2025
Tidak mengalami Mengalami
penurunan nilai/ penurunan nilai/ Jumlah/
Unimpaired Impaired Total
Rupiah: Rupiah:
Fasilitas Simpanan Bank Indonesia Syariah Deposit facility of Bank Indonesia Sharia
("FASBIS") 8,453,988 - 8,453,988 ("FASBIS")
Deposito berjangka 9,200 - 9,200 Time deposit
Jumlah Rupiah 8,463,188 - 8,463,188 Total Rupiah
Mata uang asing: Foreign currencies:
Deposito berjangka 2,784,725 - 2,784,725 Time deposits
Call money 594,675 - 594,675 Call money
Jumlah mata uang asing 3,379,400 - 3,379,400 Total foreign currencies
Jumlah 11,842,588 - 11,842,588 Total
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (71) - (71) impairment losses
11,842,517 - 11,842,517
2024
Tidak mengalami Mengalami
penurunan nilai/ penurunan nilai/ Jumlah/
Unimpaired Impaired Total
Rupiah: Rupiah:
Fasilitas Simpanan Bank Indonesia Syariah Deposit facility of Bank Indonesia Sharia
("FASBIS") 2,000,292 - 2,000,292 ("FASBIS")
Deposito berjangka 300 - 300 Time deposit
Jumlah Rupiah 2,000,592 - 2,000,592 Total Rupiah
Mata uang asing: Foreign currencies:
Deposito berjangka 2,848,815 - 2,848,815 Time deposits
Call money 198,288 - 198,288 Call money
Jumlah mata uang asing 3,047,103 - 3,047,103 Total foreign currencies
Jumlah 5,047,695 - 5,047,695 Total
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai - - - impairment losses
5,047,695 - 5,047,695
Halaman – 5/242 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 892
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
52. RISIKO KREDIT (lanjutan) 52. CREDIT RISK (continued)
(vi) Penempatan pada bank lain dan Bank Indonesia (vi) Placement with other banks and Bank Indonesia
(lanjutan) (continued)
2023
Tidak mengalami Mengalami
penurunan nilai/ penurunan nilai/ Jumlah/
Unimpaired Impaired Total
Rupiah: Rupiah:
Fasilitas Simpanan Bank Indonesia Syariah Deposit facility of Bank Indonesia Sharia
("FASBIS") 1,850,809 - 1,850,809 ("FASBIS")
Jumlah Rupiah 1,850,809 - 1,850,809 Total Rupiah
Mata uang asing: Foreign currencies:
Deposito berjangka 2,401,933 - 2,401,933 Time deposits
Call money 280,249 8,711 288,960 Call money
Jumlah mata uang asing 2,682,182 8,711 2,690,893 Total foreign currencies
Jumlah 4,532,991 8,711 4,541,702 Total
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (3) (8,711) (8,714) impairment losses
4,532,988 - 4,532,988
(vii) Efek-efek (vii) Marketable securities
2025
Tidak mengalami Mengalami
penurunan nilai/ penurunan nilai/ Jumlah/
Unimpaired Impaired Total
Rupiah: Rupiah:
Sekuritas Rupiah Bank Indonesia 11,813,357 - 11,813,357 Sekuritas Rupiah Bank Indonesia
Obligasi 7,179,711 - 7,179,711 Bonds
Tagihan wesel ekspor 25,148 - 25,148 Bill receivables
Jumlah Rupiah 19,018,216 - 19,018,216 Total Rupiah
Mata uang asing: Foreign currencies:
Obligasi 1,216,128 - 1,216,128 Bonds
Tagihan wesel ekspor 92,470 - 92,470 Bill receivables
Jumlah mata uang asing 1,308,598 - 1,308,598 Total foreign currencies
Jumlah 20,326,814 - 20,326,814 Total
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (782) - (782) impairment losses
20,326,032 - 20,326,032
Halaman – 5/243 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 893
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
52. RISIKO KREDIT (lanjutan) 52. CREDIT RISK (continued)
(vii) Efek-efek (lanjutan) (vii) Marketable securities (continued)
2024
Tidak mengalami Mengalami
penurunan nilai/ penurunan nilai/ Jumlah/
Unimpaired Impaired Total
Rupiah: Rupiah:
Sekuritas Rupiah Bank Indonesia 16,342,800 - 16,342,800 Sekuritas Rupiah Bank Indonesia
Obligasi 5,722,983 - 5,722,983 Bonds
Tagihan wesel ekspor 99,692 - 99,692 Bill receivables
Jumlah Rupiah 22,165,475 - 22,165,475 Total Rupiah
Mata uang asing: Foreign currencies:
Obligasi 1,185,643 - 1,185,643 Bonds
Tagihan wesel ekspor 105,016 - 105,016 Bill receivables
Jumlah mata uang asing 1,290,659 - 1,290,659 Total foreign currencies
Jumlah 23,456,134 - 23,456,134 Total
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (840) - (840) impairment losses
23,455,294 - 23,455,294
2023
Tidak mengalami Mengalami
penurunan nilai/ penurunan nilai/ Jumlah/
Unimpaired Impaired Total
Rupiah: Rupiah:
Sekuritas Rupiah Bank Indonesia 251,038 - 251,038 Sekuritas Rupiah Bank Indonesia
Obligasi 7,640,007 34,984 7,674,991 Bonds
Wesel Jangka Menengah - 15,000 15,000 Medium term notes
Tagihan wesel ekspor 131,063 - 131,063 Bill receivables
Jumlah Rupiah 8,022,108 49,984 8,072,092 Total Rupiah
Mata uang asing: Foreign currencies:
Sukuk Bank Indonesia 30,794 - 30,794 Sukuk Bank Indonesia
Obligasi 1,014,287 - 1,014,287 Bonds
Tagihan wesel ekspor 285,920 - 285,920 Bill receivables
Jumlah mata uang asing 1,331,001 - 1,331,001 Total foreign currencies
Jumlah 9,353,109 49,984 9,403,093 Total
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (2,865) (36,295) (39,160) impairment losses
9,350,244 13,689 9,363,933
Halaman – 5/244 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 894
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
52. RISIKO KREDIT (lanjutan) 52. CREDIT RISK (continued)
(vii) Efek-efek (lanjutan) (vii) Marketable securities (continued)
Tabel berikut menyajikan analisis atas obligasi pada The table below presents an analysis of bonds in
efek-efek berdasarkan lembaga pemeringkat pada marketable securities by various rating agencies
tanggal 31 Desember 2025, 2024, dan 2023: designation at 31 December 2025, 2024, and 2023:
2025
Lembaga
Pemeringkat/
Rating Peringkat/ Nilai wajar/
Agencies Rating Fair value
Rupiah Rupiah
Biaya perolehan diamortisasi Amortised cost
PT Merdeka Battery Materials Tbk PEFINDO idA 149,871 PT Merdeka Battery Materials Tbk
PT Indah Kiat Pulp and Paper Tbk PEFINDO idA+ 144,938 PT Indah Kiat Pulp and Paper Tbk
PT Samudera Indonesia Tbk PEFINDO idA+ 99,975 PT Samudera Indonesia Tbk
PT Chandra Asri Petrochemical Tbk PEFINDO idAA- 90,000 PT Chandra Asri Petrochemical Tbk
PT Petrosea Tbk PEFINDO idA+ 45,975 PT Petrosea Tbk
Lembaga Pembiayaan Ekspor Indonesia PEFINDO idAAA 20,036 Lembaga Pembiayaan Ekspor Indonesia
550,795
Nilai wajar melalui penghasilan komprehensif lain Fair value through other comprehensive income
PT Sarana Multigriya Finansial (Persero) PEFINDO idAAA 919,123 PT Sarana Multigriya Finansial (Persero)
PT Sarana Multi Infrastruktur (Persero) PEFINDO idAAA 777,371 PT Sarana Multi Infrastruktur (Persero)
PT Adira Dinamika Multi Finance Tbk PEFINDO idAAA 723,821 PT Adira Dinamika Multi Finance Tbk
PT Pegadaian (Persero) PEFINDO idAAA 485,632 PT Pegadaian (Persero)
PT Tower Bersama Infrastructure Tbk FITCH AA+ 467,540 PT Tower Bersama Infrastructure Tbk
PT Astra Sedaya Finance FITCH AAA 413,008 PT Astra Sedaya Finance
PT Bussan Auto Finance FITCH AAA 400,698 PT Bussan Auto Finance
PT Federal International Finance FITCH AAA 357,537 PT Federal International Finance
PT Bank Rakyat Indonesia (Persero) Tbk PEFINDO idAAA 223,447 PT Bank Rakyat Indonesia (Persero) Tbk
PT Maybank Indonesia Finance PEFINDO idAAA 198,771 PT Maybank Indonesia Finance
PT Bank Mandiri (Persero) Tbk PEFINDO idAAA 162,803 PT Bank Mandiri (Persero) Tbk
PT Bank Pan Indonesia Tbk PEFINDO idAA 161,112 PT Bank Pan Indonesia Tbk
PT Permodalan Nasional Madani PEFINDO idAAA 155,498 PT Permodalan Nasional Madani
PT Wahana Ottomitra Multiartha Tbk FITCH AA+ 145,892 PT Wahana Ottomitra Multiartha Tbk
PT Toyota Astra Financial Services FITCH AAA 141,555 PT Toyota Astra Financial Services
PT Mandiri Tunas Finance PEFINDO idAAA 131,849 PT Mandiri Tunas Finance
PT Bank SMBC Indonesia Tbk PEFINDO idAAA 101,105 PT Bank SMBC Indonesia Tbk
PT Hino Finance Indonesia FITCH AA+ 75,491 PT Hino Finance Indonesia
PT Profesional Telekomunikasi Indonesia FITCH AAA 75,481 PT Profesional Telekomunikasi Indonesia
PT Kereta Api Indonesia (Persero) PEFINDO idAAA 73,419 PT Kereta Api Indonesia (Persero)
PT Bank OCBC NISP Tbk FITCH AAA 50,895 PT Bank OCBC NISP Tbk
PT Perusahaan Listrik Negara (Persero) PEFINDO idAAA 46,494 PT Perusahaan Listrik Negara (Persero)
PT Bank Syariah Indonesia Tbk PEFINDO idAAA 33,269 PT Bank Syariah Indonesia Tbk
Lembaga Pembiayaan Ekspor Indonesia PEFINDO idAAA 27,185 Lembaga Pembiayaan Ekspor Indonesia
PT Indosat Tbk FITCH AAA 23,648 PT Indosat Tbk
PT Semen Indonesia (Persero) Tbk PEFINDO idAAA 20,330 PT Semen Indonesia (Persero) Tbk
6,392,974
Halaman – 5/245 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 895
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
52. RISIKO KREDIT (lanjutan) 52. CREDIT RISK (continued)
(vii) Efek-efek (lanjutan) (vii) Marketable securities (continued)
Tabel berikut menyajikan analisis atas obligasi pada The table below presents an analysis of bonds in
efek-efek berdasarkan lembaga pemeringkat pada marketable securities by various rating agencies
tanggal 31 Desember 2025, 2024, dan 2023: (lanjutan) designation at 31 December 2025, 2024, and 2023:
(continued)
2025
Lembaga
Pemeringkat/
Rating Peringkat/ Nilai wajar/
Agencies Rating Fair value
Rupiah (lanjutan) Rupiah (continued)
Nilai wajar melalui laba rugi Fair value through profit or loss
PT Pegadaian (Persero) PEFINDO idAAA 44,066 PT Pegadaian (Persero)
PT Merdeka Battery Materials Tbk PEFINDO idA 33,022 PT Merdeka Battery Materials Tbk
PT Adira Dinamika Multi Finance Tbk PEFINDO idAAA 30,516 PT Adira Dinamika Multi Finance Tbk
PT Astra Sedaya Finance FITCH AAA 28,832 PT Astra Sedaya Finance
PT Bank Negara Indonesia (Persero) Tbk PEFINDO idAAA 26,869 PT Bank Negara Indonesia (Persero) Tbk
PT Indah Kiat Pulp and Paper Tbk PEFINDO idA+ 23,331 PT Indah Kiat Pulp and Paper Tbk
PT Bank Mandiri (Persero) Tbk FITCH AA 10,707 PT Bank Mandiri (Persero) Tbk
PT Kereta Api Indonesia (Persero) PEFINDO idAAA 10,423 PT Kereta Api Indonesia (Persero)
PT Tower Bersama Infrastructure Tbk FITCH AA+ 9,216 PT Tower Bersama Infrastructure Tbk
PT Perusahaan Listrik Negara (Persero) PEFINDO idAAA 7,890 PT Perusahaan Listrik Negara (Persero)
PT Bank Tabungan Negara (Persero) Tbk FITCH AAA 3,020 PT Bank Tabungan Negara (Persero) Tbk
PT Bank Rakyat Indonesia (Persero) Tbk PEFINDO idAAA 1,797 PT Bank Rakyat Indonesia (Persero) Tbk
PT Merdeka Copper Gold Tbk PEFINDO idA+ 1,466 PT Merdeka Copper Gold Tbk
PT Chandra Asri Petrochemical Tbk PEFINDO idAA- 1,140 PT Chandra Asri Petrochemical Tbk
PT Federal International Finance FITCH AAA 1,003 PT Federal International Finance
PT Mandiri Tunas Finance PEFINDO idAAA 768 PT Mandiri Tunas Finance
PT Wahana Ottomitra Multiartha Tbk PEFINDO idAAA 411 PT Wahana Ottomitra Multiartha Tbk
PT Sarana Multi Infrastruktur (Persero) PEFINDO idAAA 403 PT Sarana Multi Infrastruktur (Persero)
PT Indosat Tbk FITCH AAA 316 PT Indosat Tbk
PT Toyota Astra Financial Services FITCH AAA 306 PT Toyota Astra Financial Services
PT Medco Energi Internasional Tbk PEFINDO idAA- 210 PT Medco Energi Internasional Tbk
PT Bank OCBC NISP Tbk FITCH AAA 132 PT Bank OCBC NISP Tbk
PT Bank Syariah Indonesia Tbk PEFINDO idAAA 52 PT Bank Syariah Indonesia Tbk
PT Indomobil Finance Indonesia PEFINDO idAA- 46 PT Indomobil Finance Indonesia
235,942
Jumlah Rupiah 7,179,711 Total Rupiah
Dollar Amerika Serikat United States Dollar
Nilai wajar melalui penghasilan komprehensif lain Fair value through other comprehensive income
PT Perusahaan Listrik Negara (Persero) MOODYS Baa2 584,046 PT Perusahaan Listrik Negara (Persero)
PT Bank Negara Indonesia (Persero) Tbk S&P BBB 291,351 PT Bank Negara Indonesia (Persero) Tbk
PT Pertamina (Persero) MOODYS Baa2 123,959 PT Pertamina (Persero)
PT Bank Mandiri (Persero) Tbk MOODYS Baa2 118,691 PT Bank Mandiri (Persero) Tbk
PT Pertamina Geothermal Energy Tbk MOODYS Baa3 50,653 PT Pertamina Geothermal Energy Tbk
1,168,700
Nilai wajar melalui laba rugi Fair value through profit or loss
PT Pertamina (Persero) MOODYS Baa2 29,972 PT Pertamina (Persero)
PT Perusahaan Listrik Negara (Persero) MOODYS Baa2 17,238 PT Perusahaan Listrik Negara (Persero)
PT Bank Mandiri (Persero) Tbk MOODYS Baa2 218 PT Bank Mandiri (Persero) Tbk
47,428
Jumlah Dollar Amerika Serikat 1,216,128 Total United States Dollar
Halaman – 5/246 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 896
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
52. RISIKO KREDIT (lanjutan) 52. CREDIT RISK (continued)
(vii) Efek-efek (lanjutan) (vii) Marketable securities (continued)
Tabel berikut menyajikan analisis atas obligasi pada The table below presents an analysis of bonds in
efek-efek berdasarkan lembaga pemeringkat pada marketable securities by various rating agencies
tanggal 31 Desember 2025, 2024, dan 2023: (lanjutan) designation at 31 December 2025, 2024, and
2023: (continued)
2024
Lembaga
Pemeringkat/
Rating Peringkat/ Nilai wajar/
Agencies Rating Fair value
Rupiah Rupiah
Biaya perolehan diamortisasi Amortised cost
PT Merdeka Battery Materials Tbk PEFINDO idA 149,791 PT Merdeka Battery Materials Tbk
PT Indah Kiat Pulp and Paper Tbk PEFINDO idA+ 144,871 PT Indah Kiat Pulp and Paper Tbk
PT Polytama Propindo PEFINDO idAAA 110,250 PT Polytama Propindo
PT Samudera Indonesia Tbk PEFINDO idA+ 99,969 PT Samudera Indonesia Tbk
PT Chandra Asri Petrochemical Tbk PEFINDO idAA- 90,000 PT Chandra Asri Petrochemical Tbk
PT Telekomunikasi Indonesia (Persero) Tbk PEFINDO idAAA 58,000 PT Telekomunikasi Indonesia (Persero) Tbk
PT Petrosea Tbk PEFINDO idA+ 45,961 PT Petrosea Tbk
Lembaga Pembiayaan Ekspor Indonesia PEFINDO idAAA 20,111 Lembaga Pembiayaan Ekspor Indonesia
718,953
Nilai wajar melalui penghasilan komprehensif lain Fair value through other comprehensive income
PT Sarana Multigriya Finansial (Persero) PEFINDO idAAA 946,853 PT Sarana Multigriya Finansial (Persero)
PT Sarana Multi Infrastruktur (Persero) PEFINDO idAAA 473,288 PT Sarana Multi Infrastruktur (Persero)
PT Adira Dinamika Multi Finance Tbk PEFINDO idAAA 462,893 PT Adira Dinamika Multi Finance Tbk
PT Tower Bersama Infrastructure Tbk FITCH AA+ 368,118 PT Tower Bersama Infrastructure Tbk
PT Indosat Tbk FITCH AA+ 277,947 PT Indosat Tbk
PT Federal International Finance FITCH AAA 258,480 PT Federal International Finance
PT Bank Rakyat Indonesia (Persero) Tbk PEFINDO idAAA 246,373 PT Bank Rakyat Indonesia (Persero) Tbk
PT Mandiri Tunas Finance PEFINDO idAAA 227,006 PT Mandiri Tunas Finance
PT Bussan Auto Finance FITCH AAA 198,774 PT Bussan Auto Finance
PT Wahana Ottomitra Multiartha Tbk FITCH AA 193,926 PT Wahana Ottomitra Multiartha Tbk
PT Astra Sedaya Finance FITCH AAA 161,963 PT Astra Sedaya Finance
PT Permodalan Nasional Madani PEFINDO idAA+ 140,633 PT Permodalan Nasional Madani
PT Maybank Indonesia Finance FITCH AAA 86,368 PT Maybank Indonesia Finance
PT Bank Syariah Indonesia Tbk PEFINDO idAAA 82,348 PT Bank Syariah Indonesia Tbk
PT Toyota Astra Financial Services FITCH AAA 80,400 PT Toyota Astra Financial Services
PT Perusahaan Listrik Negara (Persero) PEFINDO idAAA 75,603 PT Perusahaan Listrik Negara (Persero)
PT Hino Finance Indonesia FITCH AA+ 74,347 PT Hino Finance Indonesia
PT Profesional Telekomunikasi Indonesia FITCH AAA 74,319 PT Profesional Telekomunikasi Indonesia
PT Kereta Api Indonesia (Persero) PEFINDO idAAA 50,426 PT Kereta Api Indonesia (Persero)
PT Bank Mandiri (Persero) Tbk PEFINDO idAAA 48,580 PT Bank Mandiri (Persero) Tbk
Lembaga Pembiayaan Ekspor Indonesia PEFINDO idAAA 36,241 Lembaga Pembiayaan Ekspor Indonesia
PT Telekomunikasi Indonesia (Persero) Tbk PEFINDO idAAA 21,320 PT Telekomunikasi Indonesia (Persero) Tbk
PT Semen Indonesia (Persero) Tbk PEFINDO idAAA 20,514 PT Semen Indonesia (Persero) Tbk
PT Pegadaian (Persero) PEFINDO idAAA 7,865 PT Pegadaian (Persero)
4,614,585
Halaman – 5/247 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 897
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
52. RISIKO KREDIT (lanjutan) 52. CREDIT RISK (continued)
(vii) Efek-efek (lanjutan) (vii) Marketable securities (continued)
Tabel berikut menyajikan analisis atas obligasi pada The table below presents an analysis of bonds in
efek-efek berdasarkan lembaga pemeringkat pada marketable securities by various rating agencies
tanggal 31 Desember 2025, 2024, dan 2023: (lanjutan) designation at 31 December 2025, 2024, and 2023:
(continued)
2024
Lembaga
Pemeringkat/
Rating Peringkat/ Nilai wajar/
Agencies Rating Fair value
Rupiah (lanjutan) Rupiah (continued)
Nilai wajar melalui laba rugi Fair value through profit or loss
PT Merdeka Copper Gold Tbk PEFINDO idA+ 79,983 PT Merdeka Copper Gold Tbk
PT Mandiri Tunas Finance PEFINDO idAAA 49,424 PT Mandiri Tunas Finance
PT Kereta Api Indonesia (Persero) PEFINDO idAAA 37,945 PT Kereta Api Indonesia (Persero)
PT Bussan Auto Finance FITCH AAA 34,743 PT Bussan Auto Finance
PT Indosat Tbk PEFINDO idAAA 33,051 PT Indosat Tbk
PT Federal International Finance PEFINDO idAAA 30,814 PT Federal International Finance
PT Adira Dinamika Multi Finance Tbk PEFINDO idAAA 29,890 PT Adira Dinamika Multi Finance Tbk
PT Sarana Multi Infrastruktur (Persero) PEFINDO idAAA 29,779 PT Sarana Multi Infrastruktur (Persero)
PT Indah Kiat Pulp and Paper Tbk PEFINDO idA+ 23,259 PT Indah Kiat Pulp and Paper Tbk
PT Tower Bersama Infrastructure Tbk FITCH AA+ 14,989 PT Tower Bersama Infrastructure Tbk
PT Toyota Astra Financial Services FITCH AAA 14,301 PT Toyota Astra Financial Services
PT Bank Rakyat Indonesia (Persero) Tbk PEFINDO idAAA 4,327 PT Bank Rakyat Indonesia (Persero) Tbk
PT Bank Pan Indonesia Tbk PEFINDO idAA 2,319 PT Bank Pan Indonesia Tbk
PT Astra Sedaya Finance FITCH AAA 2,096 PT Astra Sedaya Finance
PT Perusahaan Listrik Negara (Persero) PEFINDO idAAA 1,927 PT Perusahaan Listrik Negara (Persero)
PT Bank Negara Indonesia (Persero) Tbk PEFINDO idAAA 398 PT Bank Negara Indonesia (Persero) Tbk
PT Pegadaian (Persero) PEFINDO idAAA 199 PT Pegadaian (Persero)
389,444
Jumlah Rupiah 5,722,982 Total Rupiah
Dollar Amerika Serikat United States Dollar
Nilai wajar melalui penghasilan komprehensif lain Fair value through other comprehensive income
PT Perusahaan Listrik Negara (Persero) MOODYS Baa2 552,235 PT Perusahaan Listrik Negara (Persero)
PT Bank Negara Indonesia (Persero) Tbk S&P BBB 272,625 PT Bank Negara Indonesia (Persero) Tbk
PT Bank Mandiri (Persero) Tbk MOODYS Baa2 165,662 PT Bank Mandiri (Persero) Tbk
PT Pertamina (Persero) MOODYS Baa2 114,980 PT Pertamina (Persero)
PT Pertamina Geothermal Energy Tbk MOODYS Baa3 47,970 PT Pertamina Geothermal Energy Tbk
1,153,472
Nilai wajar melalui laba rugi Fair value through profit or loss
PT Pertamina (Persero) MOODYS Baa2 16,770 PT Pertamina (Persero)
PT Perusahaan Listrik Negara (Persero) MOODYS Baa2 14,566 PT Perusahaan Listrik Negara (Persero)
PT Bank Mandiri (Persero) Tbk MOODYS Baa2 835 PT Bank Mandiri (Persero) Tbk
32,171
Jumlah Dollar Amerika Serikat 1,185,643 Total United States Dollar
Halaman – 5/248 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 898
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
52. RISIKO KREDIT (lanjutan) 52. CREDIT RISK (continued)
(vii) Efek-efek (lanjutan) (vii) Marketable securities (continued)
Tabel berikut menyajikan analisis atas obligasi pada The table below presents an analysis of bonds in
efek-efek berdasarkan lembaga pemeringkat pada marketable securities by various rating agencies
tanggal dan 31 Desember 2025, 2024, dan 2023: designation at 31 Desember 2025, 2024 and 2023:
(lanjutan) (continued)
2023
Lembaga
Pemeringkat/
Rating Peringkat/ Nilai wajar/
Agencies Rating Fair value
Rupiah Rupiah
Biaya perolehan diamortisasi Amortised cost
PT Polytama Propindo PEFINDO idAAA 221,892 PT Polytama Propindo
PT Samudera Indonesia Tbk PEFINDO idA+ 100,908 PT Samudera Indonesia Tbk
PT Chandra Asri Petrochemical Tbk PEFINDO idAA- 89,204 PT Chandra Asri Petrochemical Tbk
PT Telekomunikasi Indonesia (Persero) Tbk PEFINDO idAAA 60,660 PT Telekomunikasi Indonesia (Persero) Tbk
PT Sinar Mas Resources and Technology Tbk PEFINDO idAA- 50,129 PT Sinar Mas Resources and Technology Tbk
PT Perusahaan Listrik Negara (Persero) PEFINDO idAAA 25,118 PT Perusahaan Listrik Negara (Persero)
Lembaga Pembiayaan Ekspor Indonesia PEFINDO idAAA 20,951 Lembaga Pembiayaan Ekspor Indonesia
PT Sarana Multi Infrastruktur (Persero) PEFINDO idAAA 20,153 PT Sarana Multi Infrastruktur (Persero)
PT Adira Dinamika Multi Finance Tbk PEFINDO idAAA 4,027 PT Adira Dinamika Multi Finance Tbk
593,042
Nilai wajar melalui penghasilan komprehensif lain Fair value through other comprehensive income
Lembaga Pembiayaan Ekspor Indonesia PEFINDO idAAA 793,854 Lembaga Pembiayaan Ekspor Indonesia
PT Sarana Multigriya Finansial (Persero) PEFINDO idAAA 608,883 PT Sarana Multigriya Finansial (Persero)
PT Tower Bersama Infrastructure Tbk FITCH AA+ 485,346 PT Tower Bersama Infrastructure Tbk
PT Adira Dinamika Multi Finance Tbk PEFINDO idAAA 434,257 PT Adira Dinamika Multi Finance Tbk
PT Sarana Multi Infrastruktur (Persero) PEFINDO idAAA 426,168 PT Sarana Multi Infrastruktur (Persero)
PT Pegadaian (Persero) PEFINDO idAAA 395,522 PT Pegadaian (Persero)
PT Bussan Auto Finance FITCH AAA 341,444 PT Bussan Auto Finance
PT Astra Sedaya Finance FITCH AAA 332,554 PT Astra Sedaya Finance
PT Federal International Finance FITCH AAA 298,533 PT Federal International Finance
PT Indosat Tbk FITCH AA+ 252,523 PT Indosat Tbk
PT Bank Rakyat Indonesia (Persero) Tbk PEFINDO idAAA 232,155 PT Bank Rakyat Indonesia (Persero) Tbk
PT Mandiri Tunas Finance PEFINDO idAAA 226,538 PT Mandiri Tunas Finance
PT Wahana Ottomitra Multiartha Tbk FITCH AA 203,331 PT Wahana Ottomitra Multiartha Tbk
PT Maybank Indonesia Finance FITCH AAA 161,452 PT Maybank Indonesia Finance
PT Perusahaan Listrik Negara (Persero) PEFINDO idAAA 101,878 PT Perusahaan Listrik Negara (Persero)
PT Permodalan Nasional Madani PEFINDO idAA 100,713 PT Permodalan Nasional Madani
PT Toyota Astra Financial Services FITCH AAA 88,196 PT Toyota Astra Financial Services
PT Profesional Telekomunikasi Indonesia FITCH AAA 74,308 PT Profesional Telekomunikasi Indonesia
PT Bank Mandiri (Persero) Tbk PEFINDO idAAA 48,547 PT Bank Mandiri (Persero) Tbk
PT Bank BTPN Tbk FITCH AAA 40,286 PT Bank BTPN Tbk
PT Bank Tabungan Negara (Persero) Tbk FITCH AA+ 30,274 PT Bank Tabungan Negara (Persero) Tbk
PT Bank Maybank Indonesia Tbk PEFINDO idAAA 30,250 PT Bank Maybank Indonesia Tbk
PT Hino Finance Indonesia FITCH AAA 29,781 PT Hino Finance Indonesia
PT Semen Indonesia (Persero) Tbk PEFINDO idAA+ 20,716 PT Semen Indonesia (Persero) Tbk
PT Pupuk Indonesia (Persero) FITCH AAA 7,071 PT Pupuk Indonesia (Persero)
5,764,580
Halaman – 5/249 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 899
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
52. RISIKO KREDIT (lanjutan) 52. CREDIT RISK (continued)
(vii) Efek-efek (lanjutan) (vii) Marketable securities (continued)
Tabel berikut menyajikan analisis atas obligasi pada The table below presents an analysis of bonds in
efek-efek berdasarkan lembaga pemeringkat pada marketable securities by various rating agencies
tanggal 31 Desember 2025, 2024, dan 2023: (lanjutan) designation at 31 December 2025, 2024, and 2023:
(continued)
2023
Lembaga
Pemeringkat/
Rating Peringkat/ Nilai wajar/
Agencies Rating Fair value
Rupiah (lanjutan) Rupiah (continued)
Nilai wajar melalui laba rugi Fair value through profit or loss
PT T ower Bersama Infrastructure T bk FIT CH AA+ 225,692 PT Tower Bersama Infrastructure Tbk
PT Pupuk Indonesia (Persero) FIT CH AAA 141,021 PT Pupuk Indonesia (Persero)
PT Adira Dinamika Multi Finance T bk PEFINDO idAAA 127,233 PT Adira Dinamika Multi Finance Tbk
PT Pegadaian (Persero) PEFINDO idAAA 89,716 PT Pegadaian (Persero)
PT Bank Rakyat Indonesia (Persero) T bk PEFINDO idAAA 74,945 PT Bank Rakyat Indonesia (Persero) Tbk
PT Sarana Multi Infrastruktur (Persero) PEFINDO idAAA 73,312 PT Sarana Multi Infrastruktur (Persero)
PT Merdeka Copper Gold T bk PEFINDO idA+ 65,815 PT Merdeka Copper Gold Tbk
PT Chandra Asri Petrochemical T bk FIT CH AA- 63,059 PT Chandra Asri Petrochemical Tbk
PT Maybank Indonesia Finance FIT CH AAA 62,196 PT Maybank Indonesia Finance
Lembaga Pembiayaan Ekspor Indonesia PEFINDO idAAA 54,035 Lembaga Pembiayaan Ekspor Indonesia
PT Mandiri T unas Finance PEFINDO idAAA 53,610 PT Mandiri Tunas Finance
PT Indosat T bk FIT CH AAA 35,708 PT Indosat Tbk
PT Perusahaan Listrik Negara (Persero) PEFINDO idAAA 32,943 PT Perusahaan Listrik Negara (Persero)
PT T oyota Astra Financial Services FIT CH AAA 29,045 PT Toyota Astra Financial Services
PT Astra Sedaya Finance FIT CH AAA 28,647 PT Astra Sedaya Finance
PT Mora T elematika Indonesia T bk PEFINDO idA+ 26,762 PT Mora Telematika Indonesia Tbk
PT Bank BT PN T bk FIT CH AAA 20,143 PT Bank BTPN Tbk
PT Indonesia Infrastructure Finance PEFINDO idAAA 20,022 PT Indonesia Infrastructure Finance
PT Hino Finance Indonesia FIT CH AAA 19,854 PT Hino Finance Indonesia
PT Wahana Ottomitra Multiartha T bk FIT CH AA 10,025 PT Wahana Ottomitra Multiartha Tbk
PT Bussan Auto Finance FIT CH AAA 9,990 PT Bussan Auto Finance
PT Permodalan Nasional Madani PEFINDO idAA 9,383 PT Permodalan Nasional Madani
PT Profesional T elekomunikasi Indonesia FIT CH AAA 4,954 PT Profesional Telekomunikasi Indonesia
PT Federal International Finance FIT CH AAA 4,041 PT Federal International Finance
PT Bank Mandiri (Persero) T bk PEFINDO idAAA 2,786 PT Bank Mandiri (Persero) Tbk
PT Semen Indonesia (Persero) T bk PEFINDO idAA+ 2,691 PT Semen Indonesia (Persero) Tbk
PT Medco Energi Internasional T bk PEFINDO idAA- 50 PT Medco Energi Internasional Tbk
PT Indah Kiat Pulp and Paper T bk PEFINDO idA+ 20 PT Indah Kiat Pulp and Paper Tbk
PT Kereta Api Indonesia (Persero) PEFINDO idAAA 5 PT Kereta Api Indonesia (Persero)
1,287,703
Jumlah Rupiah 7,645,325 Total Rupiah
Dollar Amerika Serikat United States Dollar
Nilai wajar melalui penghasilan komprehensif lain Fair value through other comprehensive income
PT Perusahaan Listrik Negara (Persero) MOODYS Baa2 493,414 PT Perusahaan Listrik Negara (Persero)
PT Bank Rakyat Indonesia (Persero) T bk MOODYS Baa2 135,564 PT Bank Rakyat Indonesia (Persero) Tbk
PT Bank Mandiri (Persero) T bk MOODYS Baa2 133,246 Lembaga Pembiayaan Ekspor Indonesia
PT Pertamina (Persero) MOODYS Baa2 106,562 PT Pertamina (Persero)
PT Pertamina Geothermal Energy T bk MOODYS Baa3 46,397 PT Pertamina Geothermal Energy Tbk
Lembaga Pembiayaan Ekspor Indonesia MOODYS Baa2 42,828 Lembaga Pembiayaan Ekspor Indonesia
958,011
Nilai wajar melalui laba rugi Fair value through profit or loss
PT Bank Mandiri (Persero) T bk PEFINDO idAAA 32,387 PT Bank Mandiri (Persero) Tbk
PT Perusahaan Listrik Negara (Persero) PEFINDO idAAA 17,837 PT Perusahaan Listrik Negara (Persero)
PT Pertamina (Persero) MOODYS Baa2 6,052 PT Pertamina (Persero)
56,276
Jumlah Dollar Amerika Serikat 1,014,287 Total United States Dollar
Halaman – 5/250 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 900
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
53. RISIKO TINGKAT SUKU BUNGA 53. INTEREST RATE RISK
Risiko tingkat suku bunga terjadi dari bermacam-macam Interest rate risk arises from various banking products
layanan perbankan kepada nasabah meliputi provided to customers including deposit taking (demand
penghimpunan dana (antara lain giro, tabungan, dan deposits, saving deposits, and time deposits), lending
deposito), penempatan dana (antara lain kredit yang (loans), commitments and contingencies, and other
diberikan), komitmen dan kontinjensi, serta instrumen lain earning instruments.
yang mengandung suku bunga.
Asset Liability Committee (“ALCO”) Bank CIMB Niaga Bank CIMB Niaga’s Asset Liability Committee (“ALCO”),
yang beranggotakan Dewan Direksi dan beberapa which consists of the Board of Directors and selected
anggota manajemen senior, bertanggung jawab dalam members of senior management, is responsible for
menetapkan kebijakan dan strategi pengelolaan risiko determining interest rate risk management policy and
tingkat suku bunga di banking book serta mengawasi strategies in banking book and monitoring its
penerapan dan pelaksanaannya. Tujuan utama ALCO implementation and execution. The main objective of
adalah mengoptimalkan hasil usaha Bank CIMB Niaga ALCO is to optimise Bank CIMB Niaga’s return within
dengan tetap memperhatikan batasan-batasan risiko predetermined risk limits.
yang ditetapkan.
Selain itu, risiko tingkat bunga dapat pula terjadi dari In addition, interest rate risk could also arise from treasury
produk-produk tresuri seperti surat berharga dan products like marketable securities and derivative
transaksi-transaksi derivatif yang terdapat pada portofolio transactions included in trading book portfolio. Besides
trading book. Selain menggunakan pendekatan faktor using sensitivity factor approach (“DV01”), the
sensitivitas (“DV01”), pengukuran risiko tingkat suku measurement of interest rate risk in trading book, has also
bunga pada trading book juga telah dilakukan dengan using more sensitive measurement method on market risk,
menggunakan metode pengukuran risiko pasar yang that is VaR (Value at Risk).
lebih risk sensitive yaitu VaR (“Value at Risk”).
Market Risk Committee (“MRC”) secara berkala mengkaji The Market Risk Committee (“MRC”) continuously do test
ulang tingkat risiko pada portofolio tresuri dan for risk in treasury portfolio and determined the policy,
menetapkan kebijakan, batasan-batasan perdagangan trading limits that can be accepted and interest rate risk
yang dapat diterima serta strategi manajemen risiko management strategy on trading book based on
tingkat bunga pada trading book berdasarkan prinsip prudentiality principle.
kehati-hatian.
2025 2024 2023
Mata uang Mata uang Mata uang
asing/ asing/ asing/
Foreign Foreign Foreign
Rupiah currencies Rupiah currencies Rupiah currencies
(%) (%) (%) (%) (%) (%)
ASET ASSETS
Penempatan pada bank lain Placements with other banks
dan Bank Indonesia 3.75 3.91 5.25 4.53 5.25 5.32 and Bank Indonesia
Efek-efek 5.72 4.23 7.20 4.25 6.73 3.93 Marketable securities
Obligasi Pemerintah 6.90 4.26 6.92 4.06 7.06 3.83 Government bonds
Kredit yang diberikan 8.11 5.36 8.32 6.22 8.34 5.58 Loans
Piutang pembiayaan konsumen 15.69 - 16.72 - 17.01 - Consumer financing receivables
LIABILITAS LIABILITIES
Simpanan nasabah Deposits from customers
Giro 3.32 2.08 3.17 1.71 2.39 0.98 Demand deposits
Tabungan 2.27 1.01 3.01 1.16 2.22 0.95 Saving deposits
Deposito 5.54 3.59 5.83 3.26 5.13 2.60 Time deposits
Simpanan dari bank lain 4.40 2.15 5.02 0.44 2.61 - Deposits from other banks
Efek-efek yang diterbitkan 6.68 - 7.02 - 7.23 - Marketable securities issued
Pinjaman yang diterima 6.11 - 6.50 4.56 6.38 5.67 Borrowings
Pinjaman subordinasi - - 10.00 - 8.98 - Subordinated loans
Halaman – 5/251 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 901
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
53. RISIKO TINGKAT SUKU BUNGA (lanjutan) 53. INTEREST RATE RISK (continued)
a. Eksposur Bank CIMB Niaga dan Entitas Anak terhadap a. Bank CIMB Niaga and Subsidiaries’ exposure to
risiko tingkat suku bunga interest rate risk
Tabel di bawah ini mengikhtisarkan aset dan liabilitas The following table summarises the Bank interest
keuangan berbunga Bank pada nilai tercatat, yang earning financial assets and interest bearing
dikategorikan menurut mana yang terlebih dahulu financial liabilities at carrying amounts which are
antara tanggal repricing secara kontraktual categorised by the earlier of contractual repricing
(contractual repricing) atau tanggal jatuh tempo: date or maturity dates:
2025
Bunga mengambang/Floating rate Bunga tetap/Fixed rate
Lebih dari Lebih dari Lebih dari Lebih dari Lebih dari
1 bulan 3 bulan 1 bulan 3 bulan 1 tahun
tetapi tidak tetapi tidak tetapi tidak tetapi tidak tetapi tidak
1 bulan lebih dari lebih dari 1 bulan lebih dari lebih dari lebih dari
atau kurang/ 3 bulan/ 1 tahun/ Lebih dari atau kurang/ 3 bulan/ 1 tahun/ 2 tahun/ Lebih dari
1 month Over 1 month Over 3 months 1 tahun/ 1 month Over 1 month Over 3 months Over 1 year 2 tahun/ Jumlah/
or Less to 3 months to 1 year Over 1 year or Less to 3 months to 1 year to 2 years Over 2 years Total
ASET ASSETS
Giro pada Current accounts with
Bank Indonesia 11,670,605 - - - - - - - - 11,670,605 Bank Indonesia
Giro pada bank lain 1,907,866 - - - - - - - - 1,907,866 Current accounts with other banks
Penempatan pada Placement with
bank lain dan other banks and
Bank Indonesia - - - - 11,842,288 300 - - - 11,842,588 Bank Indonesia
Efek-efek - - - - 290,843 885,418 13,057,757 1,971,075 4,121,721 20,326,814 Marketable securities
Obligasi Pemerintah - - - - 34,192 50,958 8,405,420 11,233,173 45,414,972 65,138,715 Government Bonds
Efek-efek yang dibeli dengan janji . Securities purchased under
dijual kembali - - - - 271,859 - 728,270 - - 1,000,129 resale agreements
Kredit yang diberikan 18,585 8,502,160 28,127,855 77,219,945 1,548,254 5,032,401 16,156,545 10,435,819 80,956,419 227,997,983 Loans
Piutang pembiayaan Consumer financing
konsumen - - - - 63,725 901,631 2,466,271 2,861,963 4,017,252 10,310,842 receivables
Jumlah aset keuangan 13,597,056 8,502,160 28,127,855 77,219,945 14,051,161 6,870,708 40,814,263 26,502,030 134,510,364 350,195,542 Total financial assets
LIABILITAS LIABILITIES
Simpanan nasabah Deposits from customers
Giro 103,079,287 - - - - - - - - 103,079,287 Demand deposits
Tabungan 64,140,140 2,299,574 709,495 142,467 4,759,182 10,376,466 3,444,121 191,601 318,186 86,381,232 Saving deposits
Deposito 13,594,389 9,924,414 4,317,877 16,797,170 22,658,752 9,849,911 3,854,659 65,089 - 81,062,261 Time deposits
Simpanan dari bank lain Deposits from other banks
Giro dan tabungan 2,915,935 - - - - - - - - 2,915,935 Demand and saving deposits
Interbank call money and Inter-bank call money and
deposito berjangka 4,164,685 12,685 93,636 103,057 2,850 70,134 - - 3,328 4,450,375 aqqa time deposits
Efek-efek yang dijual dengan janji Securities sold under
dibeli kembali - - - - 11,514,958 - - - - 11,514,958 repurchase agreement
Efek-efek yang diterbitkan - - - - - 1,497,676 1,103,995 289,143 794,408 3,685,222 Marketable securities issued
Pinjaman yang diterima 1,181,126 - 198,327 - 5,831 173,317 870,287 1,004,595 1,021,772 4,455,255 Borrowings
Pinjaman subordinasi - - - - - - - - - - Subordinated loans
Jumlah liabilitas keuangan 189,075,562 12,236,673 5,319,335 17,042,694 38,941,573 21,967,504 9,273,062 1,550,428 2,137,694 297,544,525 Total financial liabilities
Sub Jumlah (175,478,506) (3,734,513) 22,808,520 60,177,251 (24,890,412) (15,096,796) 31,541,201 24,951,602 132,372,670 52,651,017 Sub Total
Tagihan derivatif 42,322,866 8,100,735 16,560,142 42,793,605 - - - - - 109,777,348 Derivative receivables
Liabilitas derivatif 44,252,282 9,252,438 16,627,933 15,360,745 - - - - - 85,493,398 Derivative payables
Jumlah gap repricing Total interest
suku bunga (177,407,922) (4,886,216) 22,740,729 87,610,111 (24,890,412) (15,096,796) 31,541,201 24,951,602 132,372,670 76,934,967 repricing gap
2024
Bunga mengambang/Floating rate Bunga tetap/Fixed rate
Lebih dari Lebih dari Lebih dari Lebih dari Lebih dari
1 bulan 3 bulan 1 bulan 3 bulan 1 tahun
tetapi tidak tetapi tidak tetapi tidak tetapi tidak tetapi tidak
1 bulan lebih dari lebih dari 1 bulan lebih dari lebih dari lebih dari
atau kurang/ 3 bulan/ 1 tahun/ Lebih dari atau kurang/ 3 bulan/ 1 tahun/ 2 tahun/ Lebih dari
1 month Over 1 month Over 3 months 1 tahun/ 1 month Over 1 month Over 3 months Over 1 year 2 tahun/ Jumlah/
or Less to 3 months to 1 year Over 1 year or Less to 3 months to 1 year to 2 years Over 2 years Total
ASET ASSETS
Giro pada Current accounts with
Bank Indonesia 9,990,709 - - - - - - - - 9,990,709 Bank Indonesia
Giro pada bank lain 2,508,917 - - - - - - - - 2,508,917 Current accounts with other banks
Penempatan pada Placement with
bank lain dan other banks and
Bank Indonesia - - - - 5,047,395 300 - - - 5,047,695 Bank Indonesia
Efek-efek - - - - 702,568 3,331,834 14,408,450 1,789,108 3,224,174 23,456,134 Marketable securities
Obligasi Pemerintah - - - - 178,767 253,750 10,193,516 9,711,919 50,016,675 70,354,627 Government Bonds
Efek-efek yang dibeli dengan janji . Securities purchased under
dijual kembali - - - - 326,049 - 1,286,783 - - 1,612,832 resale agreements
Kredit yang diberikan 158,083 5,192,603 22,097,409 76,890,677 1,605,687 1,785,481 16,622,366 9,981,477 83,616,153 217,949,936 Loans
Piutang pembiayaan Consumer financing
konsumen - - - - 43,690 890,934 2,391,932 2,735,359 3,991,144 10,053,059 receivables
Jumlah aset keuangan 12,657,709 5,192,603 22,097,409 76,890,677 7,904,156 6,262,299 44,903,047 24,217,863 140,848,146 340,973,909 Total financial assets
LIABILITAS LIABILITIES
Simpanan nasabah Deposits from customers
Giro 91,788,134 - - - - - - - - 91,788,134 Demand deposits
Tabungan 60,738,890 2,518,849 1,132,060 277,672 3,140,598 7,314,148 4,562,795 225,939 368,120 80,279,071 Saving deposits
Deposito 13,321,836 13,150,921 4,908,536 17,369,072 23,697,548 11,020,826 5,004,341 98,742 - 88,571,822 Time deposits
Simpanan dari bank lain - Deposits from other banks
Giro dan tabungan 3,128,574 - - - - - - - - 3,128,574 Demand and saving deposits
Interbank call money and Inter-bank call money and
deposito berjangka 2,175 131,170 2,599 3,263 2,399,885 106,853 82,278 102,671 - 2,830,894 time deposits
Efek-efek yang dijual dengan janji Securities sold under
dibeli kembali - - - - 11,288,963 - - - - 11,288,963 repurchase agreement
Efek-efek yang diterbitkan - - - - - 391,000 708,062 299,181 289,209 1,687,452 Marketable securities issued
Pinjaman yang diterima - - - - 5,466,898 112,467 1,354,491 624,920 929,159 8,487,935 Borrowings
Pinjaman subordinasi - - - - - - - - 74,514 74,514 Subordinated loans
Jumlah liabilitas keuangan 168,979,609 15,800,940 6,043,195 17,650,007 45,993,892 18,945,294 11,711,967 1,351,453 1,661,002 288,137,359 Total financial liabilities
Sub Jumlah (156,321,900) (10,608,337) 16,054,214 59,240,670 (38,089,436) (12,682,995) 33,191,080 22,866,410 139,187,144 52,836,550 Sub Total
Tagihan derivatif 14,479,317 24,320,727 13,413,938 47,557,761 - - - - - 99,771,743 Derivative receivables
Liabilitas derivatif 14,436,856 24,427,546 6,233,757 20,633,203 - - - - - 65,731,362 Derivative payables
Jumlah gap repricing Total interest
suku bunga (156,279,439) (10,715,156) 23,234,395 86,165,228 (38,089,436) (12,682,995) 33,191,080 22,866,410 139,187,144 86,876,931 repricing gap
Halaman – 5/252 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 902
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
53. RISIKO TINGKAT SUKU BUNGA (lanjutan) 53. INTEREST RATE RISK (continued)
a. Eksposur Bank CIMB Niaga dan Entitas Anak a. Bank CIMB Niaga and Subsidiaries’ exposure to
terhadap risiko tingkat suku bunga (lanjutan) interest rate risk (continued)
Tabel di bawah ini mengikhtisarkan aset dan liabilitas The following table summarises the Bank interest
keuangan berbunga Bank pada nilai tercatat, yang earning financial assets and interest bearing financial
dikategorikan menurut mana yang terlebih dahulu liabilities at carrying amounts which are categorised by
antara tanggal repricing secara kontraktual the earlier of contractual repricing date or maturity
(contractual repricing) atau tanggal jatuh tempo: dates: (continued)
(lanjutan)
2023
Bunga mengambang/Floating rate Bunga tetap/Fixed rate
Lebih dari Lebih dari Lebih dari Lebih dari Lebih dari
1 bulan 3 bulan 1 bulan 3 bulan 1 tahun
tetapi tidak tetapi tidak tetapi tidak tetapi tidak tetapi tidak
1 bulan lebih dari lebih dari 1 bulan lebih dari lebih dari lebih dari
atau kurang/ 3 bulan/ 1 tahun/ Lebih dari atau kurang/ 3 bulan/ 1 tahun/ 2 tahun/ Lebih dari
1 month Over 1 month Over 3 months 1 tahun/ 1 month Over 1 month Over 3 months Over 1 year 2 tahun/ Jumlah/
or Less to 3 months to 1 year Over 1 year or Less to 3 months to 1 year to 2 years Over 2 years Total
ASET ASSETS
Giro pada Current accounts with
Bank Indonesia 13,180,254 - - - - - - - - 13,180,254 Bank Indonesia
Giro pada bank lain 2,703,266 - - - - - - - - 2,703,266 Current accounts with other banks
Penempatan pada Placement with
bank lain dan other banks and
Bank Indonesia - - - - 4,541,702 - - - - 4,541,702 Bank Indonesia
Efek-efek - - - - 166,003 945,809 3,153,399 1,620,514 3,517,368 9,403,093 Marketable securities
Obligasi Pemerintah - - - - 107,889 7,539,832 7,403,834 12,763,329 42,781,623 70,596,507 Government Bonds
Efek-efek yang dibeli dengan janji . Securities purchased under
dijual kembali - - - - 1,902,370 288,694 2,475,649 492,674 - 5,159,387 resale agreements
Kredit yang diberikan 192,561 5,283,426 25,943,446 66,425,794 115,970 1,338,416 14,619,715 11,223,966 80,773,256 205,916,550 Loans
Piutang pembiayaan Consumer financing
konsumen - - - - 27,726 610,895 1,716,779 2,000,677 3,097,243 7,453,320 receivables
Jumlah aset keuangan 16,076,081 5,283,426 25,943,446 66,425,794 6,861,660 10,723,646 29,369,376 28,101,160 130,169,490 318,954,079 Total financial assets
LIABILITAS LIABILITIES
Simpanan nasabah Deposits from customers
Giro 73,201,803 - - - - - - - - 73,201,803 Demand deposits
Tabungan 58,744,545 2,773,436 1,622,862 359,950 2,280,537 5,929,763 5,010,163 301,683 407,885 77,430,824 Saving deposits
Deposito 12,086,585 7,275,536 4,167,451 17,956,417 25,580,675 11,980,677 6,076,209 105,493 - 85,229,043 Time deposits
Simpanan dari bank lain - Deposits from other banks
Giro dan tabungan 1,505,795 - - - - - - - - 1,505,795 Demand and saving deposits
Interbank call money and Inter-bank call money and
deposito berjangka 106,300 5,451 1,675 4,356 5,635 22,098 3,179 105,958 - 254,652 time deposits
Efek-efek yang dijual dengan janji Securities sold under
dibeli kembali - - - - 20,424,800 2,026 - - - 20,426,826 repurchase agreement
Efek-efek yang diterbitkan - - - - - 698,058 909,476 391,000 299,168 2,297,702 Marketable securities issued
Pinjaman yang diterima - - - - 769,463 2,621,755 731,063 1,490,457 675,787 6,288,525 Borrowings
Pinjaman subordinasi - - - - - - - - 155,619 155,619 Subordinated loans
Jumlah liabilitas keuangan 145,645,028 10,054,423 5,791,988 18,320,723 49,061,110 21,254,377 12,730,090 2,394,591 1,538,459 266,790,789 Total financial liabilities
Sub Jumlah (129,568,947) (4,770,997) 20,151,458 48,105,071 (42,199,450) (10,530,731) 16,639,286 25,706,569 128,631,031 52,163,290 Sub Total
Tagihan derivatif 8,503,518 21,738,807 9,611,586 41,372,447 - - - - - 81,226,358 Derivative receivables
Liabilitas derivatif 14,428,445 20,864,729 18,396,288 15,470,055 - - - - - 69,159,517 Derivative payables
Jumlah gap repricing Total interest
suku bunga (135,493,874) (3,896,919) 11,366,756 74,007,463 (42,199,450) (10,530,731) 16,639,286 25,706,569 128,631,031 64,230,131 repricing gap
b. Sensitivitas terhadap laba bersih b. Sensitivity to net income
Tabel di bawah ini mengikhtisarkan sensitivitas laba c. The table below shows the sensitivity of Bank CIMB
bersih konsolidasian Bank CIMB Niaga dan Entitas Niaga and Subsidiaries consolidated net income to
Anak Pada tanggal 31 Desember 2025, 2024, dan movement of interest rates as at 31 December 2025,
2023, atas perubahan tingkat suku bunga yaitu: 2024, and 2023:
2025
Peningkatan/ Penurunan/
Increased by Decreased by
100bps 100bps
Pengaruh terhadap laba bersih (172,298) 172,298 Impact to net income
2024
Peningkatan/ Penurunan/
Increased by Decreased by
100bps 100bps
Pengaruh terhadap laba bersih (87,054) 87,054 Impact to net income
2023
Peningkatan/ Penurunan/
Increased by Decreased by
100bps 100bps
Pengaruh terhadap laba bersih (124,128) 124,128 Impact to net income
Halaman – 5/253 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 903
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
53. RISIKO TINGKAT SUKU BUNGA (lanjutan) 53. INTEREST RATE RISK (continued)
c. Sensitivitas keuntungan/(kerugian) yang belum c. Sensitivity to unrealised gains/(losses) on fair value
direalisasi atas efek-efek dalam kelompok yang diukur through other comprehensive income marketable
nilai wajarnya melalui penghasilan komprehensif lain securities
Tabel di bawah ini mengikhtisarkan sensitivitas The table below shows the sensitivity of Bank CIMB
keuntungan/(kerugian) yang belum direalisasi atas Niaga’s unrealised gains/(losses) on fair value through
efek-efek dalam kelompok nilai wajar melalui other comprehensive income marketable securities to
penghasilan komprehensif lain Bank CIMB Niaga movement of interest rates as at 31 December 2025,
Pada tanggal 31 Desember 2025, 2024, dan 2023 2024, and 2023:
atas perubahan tingkat suku bunga yaitu:
2025
Peningkatan/ Penurunan/
Increased by Decreased by
100bps 100bps
Pengaruh terhadap keuntungan/(kerugian)
yang belum direalisasi atas efek-efek Impact to unrealised gains/(losses) on
dalam kelompok nilai wajar melalui on fair value through other
penghasilan kompehensif lain 1,024,892 (1,024,892) comprehensive income marketable securities
2024
Peningkatan/ Penurunan/
Increased by Decreased by
100bps 100bps
Pengaruh terhadap keuntungan/(kerugian)
yang belum direalisasi atas efek-efek Impact to unrealised gains/(losses) on
dalam kelompok nilai wajar melalui on fair value through other
penghasilan kompehensif lain 1,247,989 (1,247,989) comprehensive income marketable securities
2023
Peningkatan/ Penurunan/
Increased by Decreased by
100bps 100bps
Pengaruh terhadap keuntungan/(kerugian)
yang belum direalisasi atas efek-efek Impact to unrealised gains/(losses) on
dalam kelompok nilai wajar melalui on fair value through other
penghasilan kompehensif lain 1,056,477 (1,056,477) comprehensive income marketable securities
Proyeksi di atas mengasumsikan bahwa seluruh The projection assumes that all other variables are
variabel lainnya adalah konstan dan berdasarkan held constant and based on constant reporting date
tanggal pelaporan yang konstan, serta seluruh posisi position, and that all positions until maturity.
hingga jatuh tempo.
Halaman – 5/254 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 904
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
54. RISIKO MATA UANG 54. CURRENCY RISK
Sensitivitas atas laba bersih dan keuntungan/(kerugian) The sensitivities of net income and unrealised
yang belum direalisasi atas efek-efek dalam kelompok nilai gains/(losses) on fair value through other comprehensive
wajar melalui penghasilan komprehensif lain, tidak income marketable securities do not take into account the
memperhitungkan efek dari lindung nilai dan tindakan- effects of hedging and Bank CIMB Niaga’s actions to
tindakan Bank CIMB Niaga untuk mengurangi risiko atas reduce interest rate risks. In practice, Bank CIMB Niaga
tingkat suku bunga. Dalam kenyataannya, Bank CIMB proactively seeks to mitigate the effect of prospective
Niaga secara proaktif melakukan mitigasi atas efek interest movements.
prospektif pergerakan tingkat suku bunga.
a. Eksposur Bank CIMB Niaga atas risiko nilai tukar mata a. Bank CIMB Niaga’s exposure to foreign currency
uang asing exchange risk
Tabel dibawah ini mengikhtisarkan eksposur Bank The table below summarises Bank CIMB Niaga and
CIMB Niaga dan Entitas Anak atas risiko nilai tukar Subsidiaries exposure to foreign currency exchange
mata uang asing pada tanggal 31 Desember 2025, rate risk at 31 December 2025, 2024, and 2023.
2024, dan 2023. Termasuk di dalamnya adalah Included in the table are Bank CIMB Niaga’s financial
instrumen keuangan Bank CIMB Niaga pada nilai instruments at carrying amounts, categorised by
tercatat, dikategorikan berdasarkan jenis mata uang: currency:
2025
Dolar Pound
Amerika Sterling
Serikat/ Dolar Yen Dolar Dolar Inggris/
United Singapura/ Jepang/ Australia/ Hong Kong/ Great Britain
States Euro/ Singapore Japanese Australian Hong Kong Pound Lain-lain/ Jumlah/
Dollar Euro Dollar Yen Dollar Dollar Sterling Others Total
Aset Assets
Kas 395,989 215,205 107,517 30,885 82,313 5,964 21,223 49,343 908,439 Cash
Giro pada Bank Indonesia 1,850,295 - - - - - - - 1,850,295 Current accounts with Bank Indonesia
Giro pada bank lain 588,993 191,657 335,785 187,537 101,875 25,678 110,043 197,700 1,739,268 Current accounts with other banks
Penempatan pada bank lain - - - - - - - - Placements with other
dan Bank Indonesia 3,184,925 - 194,475 - - - - - 3,379,400 banks and Bank Indonesia
Efek-efek 1,308,598 - - - - - - - 1,308,598 Marketable securities
Obligasi Pemerintah 4,437,993 523,074 - - 109 - - 1,951 4,963,127 Government Bonds
Tagihan derivatif 84,968 3,536 15,573 2,155 33 - - 11,897 118,162 Derivative receivables
Kredit yang diberikan 40,521,442 79,549 21,537 - 312,507 - - 97,676 41,032,711 Loans
Tagihan akseptasi 929,892 73,664 - 3,705 - - - 33,154 1,040,415 Acceptance receivables
Pendapatan bunga yang masih - - - - - - - -
akan diterima 849,261 18,839 161 - 953 - - 282 869,496 Accrued interest income
Aset lain-lain 537,394 1,594 - 6,793 - - - 70,181 615,962 Other assets
Jumlah aset 54,689,750 1,107,118 675,048 231,075 497,790 31,642 131,266 462,184 57,825,873 Total assets
Liabilitas Liabilities
Liabilitas segera 247,590 2,581 4,625 10,688 14,519 815 1,881 39,240 321,939 Obligations due immediately
Simpanan dari nasabah Deposits from customers
Giro 18,317,535 666,511 477,705 1,605,451 42,275 123 4,939 80,601 21,195,140 Demand deposits
Tabungan 7,938,041 418,019 3,128,184 2,614,711 399,736 17,196 133,902 258,765 14,908,554 Saving deposits
Deposito 11,110,389 183,187 980,496 824,445 172,112 5,844 62,668 21,861 13,361,002 Time deposits
Simpanan dari bank lain Deposits from other Banks
Giro dan tabungan 310,886 298,834 1,643 26,170 59,451 - 442 6,692 704,118 Demand and saving deposits
Liabilitas akseptasi 929,892 73,664 - 3,705 - - - 33,154 1,040,415 Acceptance payables
Liabilitas derivatif 115,466 - 543 70,282 21 - - 9,693 196,005 Derivative payables
Liabilitas lain-lain 695,142 12,164 4,550 7,926 23,681 10 4,521 40,426 788,420 Other liabilities
Jumlah liabilitas 39,664,941 1,654,960 4,597,746 5,163,378 711,795 23,988 208,353 490,432 52,515,593 Total liabilities
Posisi keuangan On balance sheet
neraca - bersih 15,024,809 (547,842) (3,922,698) (4,932,303) (214,005) 7,654 (77,087) (28,248) 5,310,280 financial position - net
Rekening Administrative
administratif - bersih (nilai penuh) 10,995,281 419,798 61,236 12,749 - - - 81,878 11,570,942 accounts - net (full amount)
Halaman – 5/255 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 905
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
54. RISIKO MATA UANG (lanjutan) 54. CURRENCY RISK (continued)
a. Eksposur Bank CIMB Niaga atas risiko nilai tukar mata a. Bank CIMB Niaga’s exposure to foreign currency
uang asing (lanjutan) exchange risk (continued)
Tabel dibawah ini mengikhtisarkan eksposur Bank The table below summarises Bank CIMB Niaga and
CIMB Niaga dan Entitas Anak atas risiko nilai tukar Subsidiaries exposure to foreign currency exchange
mata uang asing pada tanggal 31 Desember 2025, rate risk at 31 December 2025, 2024, and 2023.
2024, dan 2023. Termasuk di dalamnya adalah Included in the table are Bank CIMB Niaga’s financial
instrumen keuangan Bank CIMB Niaga pada nilai instruments at carrying amounts, categorised by
tercatat, dikategorikan berdasarkan jenis mata uang: currency: (continued)
(lanjutan)
2024
Dolar Pound
Amerika Sterling
Serikat/ Dolar Yen Dolar Dolar Inggris/
United Singapura/ Jepang/ Australia/ Hong Kong/ Great Britain
States Euro/ Singapore Japanese Australian Hong Kong Pound Lain-lain/ Jumlah/
Dollar Euro Dollar Yen Dollar Dollar Sterling Others Total
Aset Assets
Kas 456,490 136,307 77,898 21,697 43,493 9,249 17,801 75,162 838,097 Cash
Giro pada Bank Indonesia 1,592,459 - - - - - - - 1,592,459 Current accounts with Bank Indonesia
Giro pada bank lain 719,624 197,980 138,709 445,139 492,766 20,847 167,235 258,391 2,440,691 Current accounts with other banks
Penempatan pada bank lain Placements with other
dan Bank Indonesia 3,047,103 - - - - - - - 3,047,103 banks and Bank Indonesia
Efek-efek 1,290,659 - - - - - - - 1,290,659 Marketable securities
Obligasi Pemerintah 5,619,287 835 - - - - - - 5,620,122 Government Bonds
Tagihan derivatif 206,943 - 694 4,914 - - - 855 213,406 Derivative receivables
Kredit yang diberikan 35,327,937 89,890 37,697 - 268,919 - - 106,115 35,830,558 Loans
Tagihan akseptasi 1,074,416 135,048 - 4,119 - - - 6,906 1,220,489 Acceptance receivables
Pendapatan bunga yang masih
akan diterima 687,196 298 185 - 906 - - 434 689,019 Accrued interest income
Aset lain-lain 28,421 - - - - - - - 28,421 Other assets
Jumlah aset 50,050,535 560,358 255,183 475,869 806,084 30,096 185,036 447,863 52,811,024 Total assets
Liabilitas Liabilities
Liabilitas segera 132,344 1,069 6,530 47,337 16,738 47 3,696 26,379 234,140 Obligations due immediately
Simpanan dari nasabah Deposits from customers
Giro 18,555,986 485,710 97,792 1,012,642 20,606 251 10,858 130,451 20,314,296 Demand deposits
Tabungan 7,530,877 315,412 1,333,157 2,594,674 546,616 9,353 137,091 178,073 12,645,253 Saving deposits
Deposito 9,025,765 68,265 1,074,669 1,076,785 124,332 4,920 37,172 13,769 11,425,677 Time deposits
Simpanan dari bank lain Deposits from other Banks
Giro dan tabungan 313,566 21,775 258 25,157 568,216 - 409 5,815 935,196 Demand and saving deposits
Inter-bank call money dan Inter-bank call money and
Deposito berjangka 90 - - - - - - - 90 Time deposits
Liabilitas akseptasi 1,074,416 135,048 - 4,119 - - - 6,906 1,220,489 Acceptance payables
Liabilitas derivatif 85,908 - 17,551 119,663 - - - 527 223,649 Derivative payables
Pinjaman yang diterima 1,609,500 - - - - - - - 1,609,500 Borrowings
Pinjaman subordinasi - - - - - - - - - Subordinated loan
Liabilitas lain-lain 1,016,974 5,527 3,448 - 10,310 16 346 35,298 1,071,919 Other liabilities
Jumlah liabilitas 39,345,426 1,032,806 2,533,405 4,880,377 1,286,818 14,587 189,572 397,218 49,680,209 Total liabilities
Posisi keuangan On balance sheet
neraca - bersih 10,705,109 (472,448) (2,278,222) (4,404,508) (480,734) 15,509 (4,536) 50,645 3,130,815 financial position - net
Rekening Administrative
administratif - bersih (nilai penuh) 10,383,263 355,614 24,866 18,111 - - - 68,479 10,850,333 accounts - net (full amount)
Halaman – 5/256 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 906
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
54. RISIKO MATA UANG (lanjutan) 54. CURRENCY RISK (continued)
a. Eksposur Bank CIMB Niaga atas risiko nilai tukar mata a. Bank CIMB Niaga’s exposure to foreign currency
uang asing (lanjutan) exchange risk (continued)
Tabel dibawah ini mengikhtisarkan eksposur Bank The table below summarises Bank CIMB Niaga and
CIMB Niaga dan Entitas Anak atas risiko nilai tukar Subsidiaries exposure to foreign currency exchange
mata uang asing pada tanggal 31 Desember 2025, rate risk at 31 December 2025, 2024, and 2023.
2024, dan 2023. Termasuk di dalamnya adalah Included in the table are Bank CIMB Niaga’s financial
instrumen keuangan Bank CIMB Niaga pada nilai instruments at carrying amounts, categorised by
tercatat, dikategorikan berdasarkan jenis mata uang: currency: (continued)
(lanjutan)
2023
Dolar Pound
Amerika Sterling
Serikat/ Dolar Yen Dolar Dolar Inggris/
United Singapura/ Jepang/ Australia/ Hong Kong/ Great Britain
States Euro/ Singapore Japanese Australian Hong Kong Pound Lain-lain/ Jumlah/
Dollar Euro Dollar Yen Dollar Dollar Sterling Others Total
Aset Assets
Kas 358,888 264,020 183,098 15,030 102,526 5,709 7,548 43,189 980,008 Cash
Giro pada Bank Indonesia 1,473,206 - - - - - - - 1,473,206 Current accounts with Bank Indonesia
Giro pada bank lain 544,488 174,170 289,486 754,651 111,146 55,572 170,260 251,489 2,351,262 Current accounts with other banks
Penempatan pada bank lain Placements with other
dan Bank Indonesia 2,690,893 - - - - - - - 2,690,893 banks and Bank Indonesia
Efek-efek 1,331,001 - - - - - - - 1,331,001 Marketable securities
Obligasi Pemerintah 4,597,488 34,385 - 21,748 - - - - 4,653,621 Government Bonds
Tagihan derivatif 149,543 - 12,342 177,187 93 - - - 339,165 Derivative receivables
Kredit yang diberikan 29,129,335 21,198 52,201 - 83,495 - - 6,820 29,293,049 Loans
Tagihan akseptasi 240,903 180,730 - - - - - 19,379 441,012 Acceptance receivables
Pendapatan bunga yang masih
akan diterima 570,083 407 217 7 282 - - 24 571,020 Accrued interest income
Aset lain-lain 12,887 - - - - - - - 12,887 Other assets
Jumlah aset 41,098,715 674,910 537,344 968,623 297,542 61,281 177,808 320,901 44,137,124 Total assets
Liabilitas Liabilities
Liabilitas segera 69,161 7,912 22,670 2,434 9,530 4,591 673 9,584 126,555 Obligations due immediately
Simpanan dari nasabah Deposits from customers
Giro 13,778,861 405,227 126,883 1,343,859 20,507 31,368 7,680 80,763 15,795,148 Demand deposits
Tabungan 6,449,649 305,153 714,942 2,946,746 398,463 7,348 129,041 111,324 11,062,666 Saving deposits
Deposito 7,246,969 22,339 378,951 3,630,889 103,413 4,418 34,762 5,806 11,427,547 Time deposits
Simpanan dari bank lain Deposits from other Banks
Giro dan tabungan 162,596 3,027 18 30,934 77,601 - 1,245 2,277 277,698 Demand and saving deposits
Inter-bank call money dan Inter-bank call money and
Deposito berjangka 86 - - - - - - - 86 Time deposits
Liabilitas akseptasi 240,903 180,730 - - - - - 19,379 441,012 Acceptance payables
Liabilitas derivatif 77,438 - 3,137 38,272 61 - - - 118,908 Derivative payables
Pinjaman yang diterima 2,463,520 - - - - - - - 2,463,520 Borrowings
Liabilitas lain-lain 1,232,841 - 4,392 3,616 263 5 1,612 7,474 1,250,203 Other liabilities
Jumlah liabilitas 31,722,024 924,388 1,250,993 7,996,750 609,838 47,730 175,013 236,607 42,963,343 Total liabilities
Posisi keuangan On balance sheet
neraca - bersih 9,376,691 (249,478) (713,649) (7,028,127) (312,296) 13,551 2,795 84,294 1,173,781 financial position - net
Rekening Administrative
administratif - bersih (nilai penuh) 9,439,084 246,504 95,233 51,416 - - - 121,299 9,953,536 accounts - net (full amount)
Halaman – 5/257 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 907
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
54. RISIKO MATA UANG (lanjutan) 54. CURRENCY RISK (continued)
b. Sensitivitas terhadap laba bersih atas perubahan b. Sensitivity to net income to movement of foreign
nilai tukar mata uang asing exchange rates
2025
Peningkatan/ Penurunan/
Increased by Decreased by
5% 5%
Pengaruh terhadap laba bersih 271,831 (271,831) Impact to net income
2024
Peningkatan/ Penurunan/
Increased by Decreased by
5% 5%
Pengaruh terhadap laba bersih 156,541 (156,541) Impact to net income
2023
Peningkatan/ Penurunan/
Increased by Decreased by
5% 5%
Pengaruh terhadap laba bersih 58,689 (58,689) Impact to net income
Proyeksi di atas mengasumsikan bahwa perubahan The projection assumes that foreign exchange rates
nilai tukar mata uang asing bergerak pada jumlah move by the same amount and, therefore, do not
yang sama sehingga tidak mencerminkan perubahan reflect the potential impact on profit of some rates
potensial kepada laba atas perubahan beberapa nilai changing while others remain unchanged. The
tukar mata uang asing sementara lainnya tidak projection also assumes that all other variables are
berubah. Proyeksi juga mengasumsikan bahwa held constant and are based on a constant reporting
seluruh variabel lainnya adalah konstan dan date position and that all positions run to maturity.
berdasarkan tanggal pelaporan yang konstan serta
seluruh posisi hingga jatuh tempo.
55. RISIKO LIKUIDITAS 55. LIQUIDITY RISK
Kebijakan likuiditas Bank CIMB Niaga didasarkan untuk Bank CIMB Niaga’s liquidity policy is based on ensuring that
memastikan bahwa setiap kebutuhan dana di saat ini, current and future funding requirements can be met both in
maupun di masa datang baik untuk kondisi normal normal or stress conditions. In implementation of liquidity
maupun kondisi stres dapat dipenuhi. Dalam risk management, there are some variety of methods, such
melaksanakan pengendalian risiko likuiditas, dilakukan as: liquidity gap analysis, liquidity stress test analysis, and
dengan beberapa pendekatan, yaitu: liquidity gap liquidity ratio analysis.
analysis, liquidity stress test analysis, dan liquidity ratio
analysis.
Halaman – 5/258 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 908
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
55. RISIKO LIKUIDITAS (lanjutan) 55. LIQUIDITY RISK (continued)
Dimana untuk mengendalikan risiko likuiditas tersebut Whereas in managing liquidity risk, Bank CIMB Niaga sets
ditetapkan beberapa limit dan parameter. Disamping itu some limits and parameters. Bank CIMB Niaga and its
Bank CIMB Niaga dan Entitas Anak juga melakukan Subsidiaries is also monitoring the internal and external
pemantauan atas indikator-indikator internal dan eksternal indicators in managing liquidity risk. Bank CIMB Niaga also
dalam mengendalikan risiko likuiditas. Bank juga sets contingency funding plan that would be used to
menetapkan contingency funding plan yang akan handle or solve the crisis condition. Appropriate level of
digunakan untuk penanganan kondisi kritis. Jumlah aset liquid assets is held to ensure that a prudent level of
lancar yang memadai dipertahankan untuk menjamin liquidity is maintained at all times. This is in line with Bank
kebutuhan likuiditas yang terkendali setiap waktu. Hal ini Indonesia’s Circular Letter No.11/16/DPNP/2009
semua sejalan dengan Surat Edaran Bank Indonesia regarding liquidity risk management.
No. 11/16/DPNP/2009 tentang manajemen risiko
likuiditas.
Pengelolaan likuiditas dan aset-liabilitas dilakukan Liquidity and asset-liability management is under the
dibawah koordinasi Asset Liability Committee (“ALCO”) coordination of the Asset Liability Committee (“ALCO”)
yang setiap bulannya melakukan rapat dengan melibatkan who holds monthly meetings involving business units,
unit bisnis, tresuri, kredit, dan unit-unit lain yang relevan, treasury, credit, and other relevant units to ensure the
untuk memastikan tercapainya posisi likuiditas pada achievement of the expected liquidity position.
tingkat yang diharapkan.
Pengelolaan likuiditas Bank CIMB Niaga ditekankan pada Bank CIMB Niaga’s liquidity management focuses on cash
penyesuaian arus dana masuk dan keluar. Kesenjangan inflow and outflow. The gap in cash flow is anticipated
arus dana diantisipasi dengan memelihara aset likuid tingkat through managing the first tier liquid assets such as
pertama yang berupa pemeliharaan cadangan wajib serta maintenance of reserve requirements and highly liquid
efek-efek jangka pendek yang sangat likuid. Aset likuid short-term marketable securities. Second tier liquid assets
tingkat dua dipelihara melalui penempatan dana jangka are managed through short-term placements with other
pendek di bank lain, efek-efek, dan Obligasi Pemerintah banks, fair value through other comprehensive income
dalam kelompok nilai wajar melalui penghasilan marketable securities, and Government Bonds. Liquidity
komprehensif lain. Pengelolaan likuiditas juga dilakukan management is also performed through managing the
melalui pengelolaan struktur sumber dana dengan structure of funding by implementing proper threshold on
memperhatikan limit konsentrasi deposan. Selain itu, Bank the concentrations of depositors. In addition, Bank CIMB
CIMB Niaga senantiasa memelihara kemampuannya untuk Niaga maintains its ability to access the financial market
melakukan akses ke pasar uang dengan memelihara by maintaining its relationship with correspondence banks.
hubungan dengan bank-bank koresponden.
Halaman – 5/259 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 909
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
55. RISIKO LIKUIDITAS (lanjutan) 55. LIQUIDITY RISK (continued)
Tabel jatuh tempo berikut ini menyajikan informasi The maturity tables below provide information about
mengenai perkiraan jatuh tempo dari aset dan liabilitas maturities of discounted assets and liabilities on
discounted sesuai kontrak menjadi arus kas masuk atau contractual basis which are converted into cash flow in or
keluar pada 31 Desember 2025, 2024, dan 2023: out as at 31 December 2025, 2024, and 2023:
2025
Tidak
mempunyai
kontrak
jatuh tempo/ Kurang dari
Dibayarkan sesuai atau sama
permintaan/ dengan
No contractual 1 bulan/ Lebih dari
maturity/ Less than >1-≤3 > 3 - ≤ 12 >1-≤5 5 tahun/
Jumlah/ Repayable on or equal bulan/ bulan/ tahun/ More than
Keterangan Total demand 1 month months months years 5 years Description
ASET ASSETS
Kas 3,657,344 3,657,344 - - - - - Cash
Giro pada Current accounts with
Bank Indonesia 11,670,605 11,670,605 - - - - - Bank Indonesia
Giro pada bank Current accounts with
lain - bruto 1,907,866 1,907,866 - - - - other banks - gross
Penempatan pada bank lain Placements with other banks
dan Bank Indonesia - bruto 11,842,588 - 11,842,288 300 - - - and Bank Indonesia - gross
Efek-efek - bruto 20,326,814 - 290,843 885,418 13,057,757 5,977,824 114,972 Marketable securities - gross
Obligasi Pemerintah 65,138,715 - 34,192 50,958 8,405,420 42,123,121 14,525,024 Government Bonds
Efek-efek yang dibeli dengan janji Securities purchased under
dijual kembali 1,000,129 - 271,859 - 728,270 - - resale agreements
Tagihan derivatif - bruto 773,692 - 70,691 20,851 173,548 479,407 29,195 Derivative receivables - gross
Kredit yang diberikan - bruto 227,997,983 - 37,334,444 19,644,050 39,004,175 72,014,067 60,001,247 Loans - gross
Piutang pembiayaan Consumer financing
konsumen - bruto 10,310,842 - 63,726 901,631 2,466,271 6,858,133 21,081 receivables - gross
Tagihan akseptasi - bruto 1,937,050 - 598,757 624,159 714,134 - - Acceptance receivables - gross
Penyertaan - bruto 24,214 24,214 - - - - - Investments - gross
Aset tetap - setelah Fixed assets - net of
dikurangi akumulasi penyusutan 7,201,311 7,201,311 - - - - - accumulated depreciation
Aset tidak berwujud - Intangible assets - net of
setelah dikurangi akumulasi penyusutan 2,028,737 2,028,737 - - - - - accumulated depreciation
Aset yang diambil alih - bruto 816,623 816,623 - - - - - Foreclosed assets - gross
Uang muka pajak 3,060,883 3,060,883 - - - - - Prepaid tax
Aset pajak tangguhan - bersih 156,754 156,754 - - - - - Deferred tax assets - net
Pendapatan bunga yang masih
akan diterima 3,104,033 - 134,138 74,675 275,251 1,357,800 1,262,169 Accrued interest income
Beban dibayar dimuka 1,259,147 1,259,147 - - - - - Prepaid expenses
Aset lain-lain - bruto 7,361,687 7,361,687 - - - - - Other assets - gross
381,577,017 39,145,171 50,640,938 22,202,042 64,824,826 128,810,352 75,953,688
Cadangan kerugian Allowance for
penurunan nilai (8,878,124) impairment losses
Jumlah 372,698,893 Total
LIABILITAS LIABILITIES
Liabilitas segera 3,892,219 - 3,892,219 - - - - Obligations due immediately
Simpanan dari nasabah 270,522,780 189,460,519 36,253,141 19,774,326 8,172,536 4,706,794 12,155,464 Deposits from customers
Simpanan dari bank lain 7,366,310 2,915,935 4,250,576 94,068 103,402 - 2,329 Deposits from other bank
Efek-efek yang dijual dengan janji Securities sold under
dibeli kembali 11,514,958 - 11,514,958 - - - - repurchase agreement
Liabilitas derivatif 598,119 - 213,202 45,461 123,424 207,002 9,030 Derivative payables
Liabilitas akseptasi 1,937,050 - 598,757 624,159 714,134 - - Acceptance payables
Efek-efek yang diterbitkan 3,685,222 - - 1,497,676 1,103,994 1,083,552 - Marketable securities isssued
Pinjaman yang diterima 4,455,255 - 1,186,957 173,317 1,068,614 2,026,367 - Borrowings
Hutang pajak 393,219 - 393,219 - - - - Taxes payable
Liabilitas pajak tangguhan - bersih - - - - - - - Deferred tax liabilities - net
Beban yang masih harus Accruals expense and
dibayar dan liabilitas lain-lain 8,515,185 5,101,155 797,671 - 2,490,013 126,346 - other liabilities
Liabilitas imbalan kerja 1,661,393 - - - 912,287 - 749,106 Employee benefits obligations
314,541,710 197,477,609 59,100,700 22,209,007 14,688,404 8,150,061 12,915,929
Perbedaan jatuh tempo 67,035,307 (158,332,438) (8,459,762) (6,965) 50,136,422 120,660,291 63,037,759 Maturity gap
Posisi neto setelah Net position, net of
cadangan kerugian allowance for
penurunan nilai 58,157,183 impairment losses
Halaman – 5/260 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 910
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
55. RISIKO LIKUIDITAS (lanjutan) 55. LIQUIDITY RISK (continued)
Tabel jatuh tempo berikut ini menyajikan informasi The maturity tables below provide information about
mengenai perkiraan jatuh tempo dari aset dan liabilitas maturities of discounted assets and liabilities on
discounted sesuai kontrak menjadi arus kas masuk atau contractual basis which are converted into cash flow in or
keluar pada 31 Desember 2025, 2024, dan 2023: (lanjutan) out as at 31 December 2025, 2024, and 2023: (continued)
2024
Tidak
mempunyai
kontrak
jatuh tempo/ Kurang dari
Dibayarkan sesuai atau sama
permintaan/ dengan
No contractual 1 bulan/ Lebih dari
maturity/ Less than >1-≤3 > 3 - ≤ 12 >1-≤5 5 tahun/
Jumlah/ Repayable on or equal bulan/ bulan/ tahun/ More than
Keterangan Total demand 1 month months months years 5 years Description
ASET ASSETS
Kas 3,650,137 3,650,137 - - - - - Cash
Giro pada Current accounts with
Bank Indonesia 9,990,709 9,990,709 - - - - - Bank Indonesia
Giro pada bank Current accounts with
lain - bruto 2,508,917 2,508,917 - - - - other banks - gross
Penempatan pada bank lain Placements with other banks
dan Bank Indonesia - bruto 5,047,695 - 5,047,395 300 - - - and Bank Indonesia - gross
Efek-efek - bruto 23,456,134 - 702,568 3,331,834 14,408,451 4,923,952 89,329 Marketable securities - gross
Obligasi Pemerintah 70,354,627 - 178,767 253,750 10,193,515 39,743,428 19,985,167 Government Bonds
Efek-efek yang dibeli dengan janji Securities purchased under
dijual kembali 1,612,832 - 326,049 - 1,286,783 - - resale agreements
Tagihan derivatif - bruto 1,184,890 - 116,707 229,197 124,545 522,314 192,127 Derivative receivables - gross
Kredit yang diberikan - bruto 217,949,936 - 30,369,567 22,109,791 30,839,319 74,137,186 60,494,073 Loans - gross
Piutang pembiayaan Consumer financing
konsumen - bruto 10,053,059 - 43,692 890,934 2,391,932 6,692,258 34,243 receivables - gross
Tagihan akseptasi - bruto 2,761,800 - 819,230 867,042 1,075,528 - - Acceptance receivables - gross
Penyertaan - bruto 24,214 24,214 - - - - - Investments - gross
Aset tetap - setelah Fixed assets - net of
dikurangi akumulasi penyusutan 6,803,495 6,803,495 - - - - - accumulated depreciation
Aset tidak berwujud - Intangible assets - net of
setelah dikurangi akumulasi penyusutan 2,044,380 2,044,380 - - - - - accumulated depreciation
Aset yang diambil alih - bruto 682,326 682,326 - - - - - Foreclosed assets - gross
Uang muka pajak 3,192,348 3,192,348 - - - - - Prepaid tax
Aset pajak tangguhan - bersih 117,989 117,989 - - - - - Deferred tax assets - net
Pendapatan bunga yang masih
akan diterima 3,027,711 - 263,441 82,252 212,614 1,541,505 927,899 Accrued interest income
Beban dibayar dimuka 1,218,479 1,218,479 - - - - - Prepaid expenses
Aset lain-lain - bruto 5,639,882 5,639,882 - - - - - Other assets - gross
371,321,560 35,872,876 37,867,416 27,765,100 60,532,687 127,560,643 81,722,838
Cadangan kerugian Allowance for
penurunan nilai (11,101,050) impairment losses
Jumlah 360,220,510 Total
LIABILITAS LIABILITIES
Liabilitas segera 4,473,871 - 4,473,871 - - - - Obligations due immediately
Simpanan dari nasabah 260,639,027 172,067,205 37,019,384 24,171,747 9,912,877 8,517,241 8,950,573 Deposits from customers
Simpanan dari bank lain 5,959,468 3,128,573 2,668,145 56,219 103,396 3,135 - Deposits from other bank
Efek-efek yang dijual dengan janji Securities sold under
dibeli kembali 11,288,963 - 11,288,963 - - - - repurchase agreement
Liabilitas derivatif 906,630 - 215,498 189,745 174,636 316,753 9,998 Derivative payables
Liabilitas akseptasi 2,761,800 - 819,230 867,042 1,075,528 - - Acceptance payables
Efek-efek yang diterbitkan 1,687,452 - - 391,000 708,062 588,390 - Marketable securities isssued
Pinjaman yang diterima 8,487,935 - 5,466,898 112,467 1,354,491 1,554,079 - Borrowings
Hutang pajak 347,275 - 347,275 - - - - Taxes payable
Beban yang masih harus Accruals expense and
dibayar dan liabilitas lain-lain 8,787,844 5,197,679 1,007,296 - 2,403,398 179,471 - other liabilities
Liabilitas imbalan kerja 1,609,404 - - - 853,390 - 756,014 Employee benefits obligations
Pinjaman subordinasi 74,514 - - - 74,514 - - Subordinated loans
307,024,183 180,393,457 63,306,560 25,788,220 16,660,292 11,159,069 9,716,585
Perbedaan jatuh tempo 64,297,377 (144,520,581) (25,439,144) 1,976,880 43,872,395 116,401,574 72,006,253 Maturity gap
Posisi neto setelah Net position, net of
cadangan kerugian allowance for
penurunan nilai 53,196,327 impairment losses
Halaman – 5/261 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 911
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
55. RISIKO LIKUIDITAS (lanjutan) 55. LIQUIDITY RISK (continued)
Tabel jatuh tempo berikut ini menyajikan informasi The maturity tables below provide information about
mengenai perkiraan jatuh tempo dari aset dan liabilitas maturities of discounted assets and liabilities on
discounted sesuai kontrak menjadi arus kas masuk atau contractual basis which are converted into cash flow in or
keluar pada 31 Desember 2025, 2024, dan 2023: (lanjutan) out as at 31 December 2025, 2024, and 2023: (continued)
2023
Tidak
mempunyai
kontrak
jatuh tempo/ Kurang dari
Dibayarkan sesuai atau sama
permintaan/ dengan
No contractual 1 bulan/ Lebih dari
maturity/ Less than >1-≤3 > 3 - ≤ 12 >1-≤5 5 tahun/
Jumlah/ Repayable on or equal bulan/ bulan/ tahun/ More than
Keterangan Total demand 1 month months months years 5 years Description
ASET ASSETS
Kas 3,928,446 3,928,446 - - - - - Cash
Giro pada Current accounts with
Bank Indonesia 13,180,254 13,180,254 - - - - - Bank Indonesia
Giro pada bank Current accounts with
lain - bruto 2,703,266 2,703,266 - - - - - other banks - gross
Penempatan pada bank lain Placements with other banks
dan Bank Indonesia - bruto 4,541,702 - 4,541,702 - - - - and Bank Indonesia - gross
Efek-efek - bruto 9,403,093 - 166,004 945,809 3,153,399 5,078,432 59,449 Marketable securities - gross
Obligasi Pemerintah 70,596,507 - 107,889 7,539,832 7,403,834 29,254,954 26,289,998 Government Bonds
Efek-efek yang dibeli dengan janji Securities purchased under
dijual kembali 5,159,387 - 1,902,370 288,694 2,475,649 492,674 - resale agreements
Tagihan derivatif - bruto 849,014 - 116,781 204,785 157,114 330,932 39,402 Derivative receivables - gross
Kredit yang diberikan - bruto 205,916,550 - 23,259,887 19,599,172 36,885,617 58,941,049 67,230,825 Loans - gross
Piutang pembiayaan Consumer financing
konsumen - bruto 7,453,320 - 27,727 610,895 1,716,778 5,073,309 24,611 receivables - gross
Tagihan akseptasi - bruto 1,102,091 - 380,374 524,577 197,140 - - Acceptance receivables - gross
Penyertaan - bruto 4,214 4,214 - - - - - Investments - gross
Aset tetap - setelah Fixed assets - net of
dikurangi akumulasi penyusutan 6,774,736 6,774,736 - - - - - accumulated depreciation
Aset tidak berwujud - Intangible assets - net of
setelah dikurangi akumulasi penyusutan 2,074,656 2,074,656 - - - - - accumulated depreciation
Aset yang diambil alih - bruto 470,293 470,293 - - - - - Foreclosed assets - gross
Uang muka pajak 1,928,984 1,928,984 - - - - - Prepaid tax
Aset pajak tangguhan - bersih 1,377,659 1,377,659 - - - - - Deferred tax assets - net
Pendapatan bunga yang masih
akan diterima 3,414,197 - 427,070 218,155 440,378 1,306,283 1,022,311 Accrued interest income
Beban dibayar dimuka 1,195,194 1,195,194 - - - - - Prepaid expenses
Aset lain-lain - bruto 5,136,741 5,136,741 - - - - - Other assets - gross
347,210,304 38,774,443 30,929,804 29,931,919 52,429,909 100,477,633 94,666,596
Cadangan kerugian Allowance for
penurunan nilai (12,841,071) impairment losses
Jumlah 334,369,233 Total
LIABILITAS LIABILITIES
Liabilitas segera 3,581,921 - 3,581,921 - - - - Obligations due immediately
Simpanan dari nasabah 235,861,670 150,632,627 37,667,260 19,256,213 10,243,660 11,237,916 6,823,994 Deposits from customers
Simpanan dari bank lain 1,760,447 1,505,793 141,184 998 109,247 3,225 - Deposits from other bank
Efek-efek yang dijual dengan janji Securities sold under
dibeli kembali 20,426,826 - 20,424,800 2,026 - - - repurchase agreement
Liabilitas derivatif 540,051 - 87,175 59,416 123,690 255,663 14,107 Derivative payables
Liabilitas akseptasi 1,102,091 - 380,374 524,577 197,140 - - Acceptance payables
Efek-efek yang diterbitkan 2,297,702 - - 698,057 909,476 690,169 - Marketable securities isssued
Pinjaman yang diterima 6,288,525 - 769,463 2,621,755 731,063 2,166,244 - Borrowings
Utang pajak 434,853 - 434,853 - - - - Taxes payable
Beban yang masih harus Accruals expense and
dibayar dan liabilitas lain-lain 11,041,562 5,688,569 2,000,864 - 3,262,801 89,328 - other liabilities
Liabilitas imbalan kerja 1,540,595 - - - 842,499 - 698,096 Employee benefits obligations
Pinjaman subordinasi 155,619 - - - - 155,619 - Subordinated loans
285,031,862 157,826,989 65,487,894 23,163,042 16,419,576 14,598,164 7,536,197
Perbedaan jatuh tempo 62,178,442 (119,052,546) (34,558,090) 6,768,877 36,010,333 85,879,469 87,130,399 Maturity gap
Posisi neto setelah Net position, net of
cadangan kerugian allowance for
penurunan nilai 49,337,371 impairment losses
Halaman – 5/262 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 912
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
55. RISIKO LIKUIDITAS (lanjutan) 55. LIQUIDITY RISK (continued)
Tabel jatuh tempo berikut ini menyajikan informasi The maturity tables below provide information about
mengenai perkiraan jatuh tempo dari liabilitas sesuai maturities on contractual undiscounted cash flows of
kontrak menjadi arus kas yang undiscounted pada liabilities as at 31 December 2025, 2024, and 2023:
tanggal 31 Desember 2025, 2024, dan 2023:
2025
Kurang dari
Dibayarkan atau sama
sesuai dengan 1 bulan/ Lebih dari
permintaan/ Less than >1-≤3 > 3 - ≤ 12 >1-≤5 5 tahun/
Jumlah/ Repayable on or equal bulan/ bulan/ tahun/ More than
Keterangan Total demand 1 month months months years 5 years Description
Liabilitas segera 3,892,219 - 3,892,219 - - - - Obligations due immediately
Simpanan dari nasabah Deposits from customers
Giro 103,190,701 103,190,701 - - - - - Demand deposits
Tabungan 86,476,343 62,469,604 6,434,616 12,709,673 4,180,676 559,523 122,251 Saving deposits
Deposito 89,288,604 - 36,308,966 19,896,995 8,334,308 5,242,989 19,505,346 Time deposits
Simpanan dari bank lain 7,375,352 2,915,934 4,254,576 94,661 107,003 - 3,178 Deposits from other bank
Efek-efek yang dijual dengan janji Securities sold under
dibeli kembali 11,514,958 - 11,514,958 - - - - repurchase agreement
Liabilitas derivatif 1,751,894 - 242,110 94,760 524,305 870,650 20,069 Derivative payables
Liabilitas akseptasi 1,937,050 - 598,757 624,159 714,134 - - Acceptance payables
Efek-efek yang diterbitkan 3,705,108 - - 1,507,141 1,108,974 1,088,993 - Marketable securities isssued
Pinjaman yang diterima 4,755,702 - 1,187,826 175,168 1,104,253 2,288,455 - Borrowings
Beban yang masih harus
dibayar, liabilitas lain-lain 8,515,185 5,101,155 797,671 - 2,490,013 126,346 - Accruals expense and other liabilities
Liabilitas imbalan kerja 1,661,393 - - - 912,287 - 749,106 Employee benefits obligations
Pinjaman subordinasi - - - - - - - Subordinated loans
324,064,509 173,677,394 65,231,699 35,102,557 19,475,953 10,176,956 20,399,950
2024
Kurang dari
Dibayarkan atau sama
sesuai dengan 1 bulan/ Lebih dari
permintaan/ Less than >1-≤3 > 3 - ≤ 12 >1-≤5 5 tahun/
Jumlah/ Repayable on or equal bulan/ bulan/ tahun/ More than
Keterangan Total demand 1 month months months years 5 years Description
Liabilitas segera 4,473,871 - 4,473,871 - - - - Obligations due immediately
Simpanan dari nasabah Deposits from customers
Giro 92,101,872 92,101,872 - - - - - Demand deposits
Tabungan 80,383,853 59,912,196 3,969,975 9,860,237 5,732,164 753,372 155,909 Saving deposits
Deposito 94,582,546 - 37,097,073 24,346,021 10,136,080 9,362,350 13,641,022 Time deposits
Simpanan dari bank lain 5,969,492 3,128,575 2,673,199 56,609 107,019 1,029 3,061 Deposits from other bank
Efek-efek yang dijual dengan janji Securities sold under
dibeli kembali 11,288,963 - 11,288,963 - - - - repurchase agreement
Liabilitas derivatif 2,231,431 - 254,744 270,155 756,857 921,154 28,521 Derivative payables
Liabilitas akseptasi 2,761,800 - 819,230 867,042 1,075,528 - - Acceptance payables
Efek-efek yang diterbitkan 1,705,714 - - 391,315 718,215 596,184 - Marketable securities isssued
Pinjaman yang diterima 8,766,198 - 5,475,311 114,082 1,405,211 1,771,594 - Borrowings
Beban yang masih harus
dibayar, liabilitas lain-lain 8,787,844 5,197,679 1,007,296 - 2,403,398 179,471 - Accruals expense and other liabilities
Liabilitas imbalan kerja 1,609,404 - - - 853,390 - 756,014 Employee benefits obligations
Pinjaman subordinasi 82,292 - 646 1,875 79,771 - - Subordinated loans
314,745,280 160,340,322 67,060,308 35,907,336 23,267,633 13,585,154 14,584,527
2023
Kurang dari
Dibayarkan atau sama
sesuai dengan 1 bulan/ Lebih dari
permintaan/ Less than >1-≤3 > 3 - ≤ 12 >1-≤5 5 tahun/
Jumlah/ Repayable on or equal bulan/ bulan/ tahun/ More than
Keterangan Total demand 1 month months months years 5 years Description
Liabilitas segera 3,581,921 - 3,581,921 - - - - Obligations due immediately
Simpanan dari nasabah Deposits from customers
Giro 73,372,787 73,372,787 - - - - - Demand deposits
Tabungan 77,578,327 57,815,354 3,212,115 8,737,030 6,691,951 954,371 167,506 Saving deposits
Deposito 85,630,085 - 37,746,071 19,396,762 10,417,506 11,244,725 6,825,021 Time deposits
Simpanan dari bank lain 1,765,401 1,505,795 141,227 1,003 112,985 1,071 3,320 Deposits from other bank
Efek-efek yang dijual dengan janji Securities sold under
dibeli kembali 20,426,826 - 20,424,800 2,026 - - - repurchase agreement
Liabilitas derivatif 1,528,249 - 114,862 109,224 429,770 832,169 42,224 Derivative payables
Liabilitas akseptasi 1,102,091 - 380,374 524,577 197,140 - - Acceptance payables
Efek-efek yang diterbitkan 2,312,436 - - 704,455 914,659 693,322 - Marketable securities isssued
Pinjaman yang diterima 6,624,040 - 770,060 2,652,297 767,482 2,434,201 - Borrowings
Beban yang masih harus
dibayar, liabilitas lain-lain 11,041,562 5,688,569 2,000,864 - 3,262,801 89,328 - Accruals expense and other liabilities
Liabilitas imbalan kerja 1,540,595 - - - 842,499 - 698,096 Employee benefits obligations
Pinjaman subordinasi 180,174 - 1,426 2,698 10,759 165,291 - Subordinated loans
286,684,494 138,382,505 68,373,720 32,130,072 23,647,552 16,414,478 7,736,167
Halaman – 5/263 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 913
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
55. RISIKO LIKUIDITAS (lanjutan) 55. LIQUIDITY RISK (continued)
Tabel jatuh tempo berikut ini menyajikan informasi The maturity tables below provide information about
mengenai perkiraan jatuh tempo dari liabilitas sesuai maturities on contractual undiscounted cash flows of
kontrak menjadi arus kas yang undiscounted pada liabilities as at 31 December 2025, 2024, and 2023:
tanggal 31 Desember 2025, 2024, dan 2023: (lanjutan) (continued)
2025
Kurang dari
Dibayarkan atau sama
sesuai dengan 1 bulan/ Lebih dari
permintaan/ Less than >1-≤3 > 3 - ≤ 12 >1-≤5 5 tahun/
Jumlah/ Repayable on or equal bulan/ bulan/ tahun/ More than
Keterangan Total demand 1 month months months years 5 years Description
Fasilitas kredit kepada nasabah Unused loan facilities granted
yang belum ditarik - committed 17,098,841 - 34,893 100,000 3,262,052 11,667,910 2,033,986 committed -
Irrevocable letters of credit Outstanding irrevocable
yang masih berjalan 2,143,677 - 287,624 1,654,393 123,974 77,686 - letters of credit
Garansi yang diterbitkan 6,682,641 - 1,057,366 1,029,900 3,221,115 1,372,147 2,113 Guarantees issued
25,925,159 - 1,379,883 2,784,293 6,607,141 13,117,743 2,036,099
2024
Kurang dari
Dibayarkan atau sama
sesuai dengan 1 bulan/ Lebih dari
permintaan/ Less than >1-≤3 > 3 - ≤ 12 >1-≤5 5 tahun/
Jumlah/ Repayable on or equal bulan/ bulan/ tahun/ More than
Keterangan Total demand 1 month months months years 5 years Description
Fasilitas kredit kepada nasabah Unused loan facilities granted
yang belum ditarik - committed 16,234,592 - 117,903 115,426 5,104,840 8,918,499 1,977,924 committed -
Irrevocable letters of credit Outstanding irrevocable
yang masih berjalan 1,855,914 - 445,506 1,294,869 115,539 - - letters of credit
Garansi yang diterbitkan 5,888,091 - 1,011,538 1,036,599 2,534,212 1,305,742 - Guarantees issued
23,978,597 - 1,574,947 2,446,894 7,754,591 10,224,241 1,977,924
2023
Kurang dari
Dibayarkan atau sama
sesuai dengan 1 bulan/ Lebih dari
permintaan/ Less than >1-≤3 > 3 - ≤ 12 >1-≤5 5 tahun/
Jumlah/ Repayable on or equal bulan/ bulan/ tahun/ More than
Keterangan Total demand 1 month months months years 5 years Description
Fasilitas kredit kepada nasabah Unused loan facilities granted
yang belum ditarik - committed 12,381,050 - 114,734 215,443 1,628,507 7,796,126 2,626,240 committed -
Irrevocable letters of credit Outstanding irrevocable
yang masih berjalan 1,625,442 - 503,872 896,812 224,758 - - letters of credit
Garansi yang diterbitkan 5,364,148 - 683,615 883,991 3,029,470 767,072 - Guarantees issued
19,370,640 - 1,302,221 1,996,246 4,882,735 8,563,198 2,626,240
56. AKTIVITAS JASA KUSTODIAN 56. CUSTODIAL SERVICES ACTIVITIES
Bank CIMB Niaga memberikan jasa kustodian dan Bank CIMB Niaga provides a full range of custodian
memperoleh izin jasa kustodian berdasarkan Surat services and obtained a license from the Bapepam-LK
Keputusan Bapepam-LK No. Kep.71/PM/1991 tanggal under its Decision Letter No. Kep.71/PM/1991 dated
20 Agustus 1991. 20 August 1991.
Bank CIMB Niaga menyediakan jasa-jasa kustodian Bank CIMB Niaga provides a full range of custodian
sebagai berikut: services, such as:
a. Penyelesaian dan pengelolaan jasa transaksi efek a. Settlement and transaction handling services of
yang berbentuk tanpa warkat; scriptless securities;
b. Penyimpanan dan pengadministrasian efek-efek; b. Safekeeping and administering of securities;
c. Jasa pengurusan hak-hak nasabah yang melekat c. Corporate action services related to the client’s rights
pada efek-efek (corporate action) yang dimilikinya; on its securities;
d. Jasa perwakilan pada rapat umum pemegang d. Proxy services for its customer’s shareholders
saham dan rapat umum pemegang obligasi; meetings and bondholder’s meetings;
e. Jasa sub-registry untuk penyimpanan dan e. Sub-registry services for safekeeping and settlement
penyelesaian transaksi Obligasi Pemerintah dan transactions of Government Bonds and Certificate of
Sertifikat Bank Indonesia; Bank Indonesia;
f. Fund accounting; dan f. Fund Accounting; and
g. Jasa unit registry untuk pengadministrasian produk g. Unit registry service to manage mutual funds and unit
reksa dana dan unit link. link.
Halaman – 5/264 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 914
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
56. AKTIVITAS JASA KUSTODIAN (lanjutan) 56. CUSTODIAL SERVICES ACTIVITIES (continued)
Aset yang tercatat dalam aktivitas jasa kustodian tidak Assets that are held in this custodial services activity are
termasuk dalam laporan keuangan konsolidasian ini. not included in these consolidated financial statements.
Jumlah komisi yang diterima dari pemberian jasa ini Total fees received from these services for the year ended
Selama tahun yang berakhir 31 Desember 2025 adalah 31 December 2025 amounting to Rp 122,815
Rp 122.815 (2024: Rp 116.992; 2023: Rp 116.534) (2024: Rp 116,992; 2023: Rp 116,534).
57. STANDAR AKUNTANSI BARU 57. NEW PROSPECTIVE ACCOUNTING STANDARDS
Pernyataan Standar Akuntansi Keuangan (”PSAK”) dan The Statements of Financial Accounting Standards
Interpretasi Standar Akuntansi Keuangan (”ISAK”) yang (“SFAS”) and Interpretation of Financial Accounting
telah disahkan oleh Dewan Standar Akuntansi Keuangan Standards (“ISFAS”) issued by the Board of Financial
(”DSAK”) namun belum berlaku efektif untuk laporan Accounting Standards (“DSAK”) but not yet effective for
keuangan untuk tahun buku yang dimulai pada tanggal the financial statements for the year beginning 1 January
1 Januari 2025 adalah sebagai berikut: 2025 were as follows:
- Amandemen PSAK 109: “Instrumen Keuangan”; - Amendment SFAS 109: “Financial Instrument”
- Amandemen PSAK 107: “Instrumen Keuangan: - Amendment SFAS 107: “Financial Instrument:
Pengungkapan tentang Klasifikasi dan Pengukuran Disclosure of Classification and Measurement of
Instrumen Keuangan” Financial Instrument”
Standar tersebut akan berlaku efektif pada 1 Januari 2026 The above standards will be effective on 1 January 2026
dan penerapan dini diperbolehkan. and early adoption is permitted.
PSAK 118 “Penyajian dan Pengungkapan dalam dalam SFAS 118 “Presentation and Disclosure in Financial
Laporan Keuangan”. Statements”.
PSAK ini akan menggantikan PSAK 201 “Penyajian This SFAS will replace SFAS 201 “Presentation in
Laporan Keuangan” yang menyebabkan perubahan pada Financial Statements” resulting in changes to the
struktur penyajian laporan laba rugi dimana mensyaratkan presentation structure of the income statement, requiring
penyajian subtotal laba/(rugi) operasi, laba/(rugi) sebelum the presentation of subtotal profit/(loss) from operations,
pendanaan dan pajak penghasilan, serta laba/(rugi). profit/(loss) before financing and income tax, as well as
Selanjutnya, penghasilan dan beban untuk diklasifikasikan profit/(loss). Moreover, income and expenses to be
ke dalam kategori operasi, investasi, dan pendanaan, serta classified into operating, investing and financing
pajak penghasilan dan operasi yang dihentikan. Selain itu, categories, as well as income tax and discontinued
PSAK ini juga mengatur mengenai pengungkapan ukuran operations. In addition, this SFAS also regulates the
kinerja tetapan manajemen (UKTM) dengan tujuan disclosure of management-defined performance measures
mengomunikasikan pandangan manajemen atas aspek (MPMs) with the aim of communicating management's
kinerja keuangan perusahaan secara keseluruhan. views on the overall financial performance of the company.
Pada saat penerbitan laporan keuangan konsolidasian, As at the authorisation date of these consolidated financial
Bank CIMB Niaga dan Entitas Anak masih mengevaluasi statements, Bank CIMB Niaga and Subsidiaries are still
dampak yang mungkin timbul dari penerapan standar baru evaluating the potential impact of these new and revised
dan revisi tersebut terhadap laporan keuangan standards to the consolidated financial statements.
konsolidasian.
Halaman – 5/265 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 915
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
58. PERJANJIAN-PERJANJIAN SIGNIFIKAN 58. SIGNIFICANT AGREEMENTS
Bank CIMB Niaga melakukan kerjasama dengan pihak- Bank CIMB Niaga enters into agreement with other parties
pihak lain dalam menjalankan aktivitas usahanya. Berikut in conducting their business activities. The followings are
perjanjian/ perikatan penting dengan pihak-pihak ketiga: the significant agreements with third parties:
1. Pada tanggal 7 April 2008, Bank CIMB Niaga 1. On 7 April 2008, Bank CIMB Niaga entered into an
menandatangani perjanjian sewa dengan PT Niaga office space lease agreement with PT Niaga
Manajemen Citra untuk bangunan yang berlokasi di Manajemen Citra for building which located at Griya
Gedung Griya Niaga 2, Jl. Wahid Hasyim Blok B.4
No.3, Bintaro Jaya Sektor VII Tangerang selama Niaga 2 Building, Jl. Wahid Hasyim Blok B.4 No.3,
29 (dua puluh sembilan) tahun. Total uang sewa Bintaro Jaya Sector VII Tangerang for 29 (twenty nine)
selama jangka waktu sewa adalah Rp 181.000 yang years. Rental fees for this rent amounting to
akan dibayarkan dalam 11 (sebelas) tahap Rp 181,000 which paid-in 11 (eleven) payment term.
pembayaran. Sebelum penandatanganan perjanjian Prior to the signing of this agreement, it was agreed to
ini, telah disepakati untuk dilakukan pembayaran make a rental deposit payment in advance of Rp 5,650
deposit sewa terlebih dahulu sebesar Rp 5.650 yang which was paid on 27 March 2007. The rental deposit
dibayarkan pada tanggal 27 Maret 2007. Deposit is also the first installment of this lease agreement.
sewa tersebut juga merupakan pembayaran tahap
pertama atas perjanjian sewa ini. Pembayaran tahap The last installment payment was paid-in January
terakhir dilakukan pada Januari 2009. Pada tanggal 2009. On 30 October 1997, Bank CIMB Niaga signed
30 Oktober 1997, Bank CIMB Niaga pertama kali the first lease agreement with PT Niaga Manajemen
menandatangani perjanjian sewa dengan PT Niaga Citra for a building located at Griya Niaga 1 Building,
Manajemen Citra untuk bangunan yang berlokasi di Jl. Wahid Hasyim Blok B.4 No. 3, Bintaro Jaya Sector
Gedung Griya Niaga 1, Jl. Wahid Hasyim Blok B.4 No. VII Tangerang, this lease agreement has been
3, Bintaro Jaya Sektor VII Tangerang, perjanjian sewa extended with the latest extension on 1 January 2023,
ini telah diperpanjang dengan perpanjangan terakhir
dilakukan pada tanggal 1 Januari 2023, dengan with a rental year of up to 31 December 2028. During
jangka waktu sewa hingga 31 Desember 2028. the year ended 2023, a rental price of
Selama tahun yang berakhir 2023, harga sewa Rp 127,300 (in full amount) per m2 per month. During
sebesar Rp 127.300 (dalam rupiah penuh) per m2 per the year ended 31 December 2025 and the year
bulan. Selama tahun yang berakhir 31 Desember ended 31 December 2024, Bank has executed rental
2025 dan tahun yang berakhir 31 Desember 2024, payment as amounted Rp 132,392 (in full amount) per
Bank telah melakukan pembayaran sewa sebesar m2 per month.
Rp 132.392 (dalam rupiah penuh) per m2 per bulan.
2. Pada bulan Maret 2016, Bank CIMB Niaga 2. In March 2016, Bank CIMB Niaga entered into
menandatangani perjanjian bancassurance dengan bancassurance agreement with PT Sunlife Financial
PT Sunlife Financial Indonesia untuk menjual produk Indonesia to sell Sun Life’s insurance products
asuransi Sun Life melalui jaringan distribusi Bank. through the Bank distribution channel. The agreement
Perjanjian kerjasama ini berlaku sampai dengan valid up to 12 April 2033. The agreement has been
tanggal 12 April 2033. Perjanjian tersebut telah direvisi revised with re-signing on 5 April 2022. The new
dengan penandatanganan kembali pada tanggal agreement is valid until 31 December 2039.
5 April 2022. Perjanjian baru ini berlaku sampai
dengan 31 Desember 2039.
3. Pada bulan Desember 2016, Bank CIMB Niaga 3. In December 2016, Bank CIMB Niaga entered into
menandatangani perjanjian bancassurance dengan bancassurance agreement with PT CIMB Niaga Auto
PT CIMB Niaga Auto Finance, PT Sompo Insurance Finance, PT Sompo Insurance Indonesia and Sompo
Indonesia dan Sompo Japan Nipponkoa Insurance Japan Nipponkoa Insurance Inc. to sell Sompo’s
Inc. untuk menjual produk asuransi Sompo melalui insurance products through the Bank distribution
jaringan distribusi Bank. Perjanjian kerjasama ini channel. The agreement valid up to 31 December
berlaku sampai dengan tanggal 31 Desember 2035. 2035.
Halaman – 5/266 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 916
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
58. PERJANJIAN-PERJANJIAN SIGNIFIKAN (lanjutan) 58. SIGNIFICANT AGREEMENTS (continued)
Bank CIMB Niaga melakukan kerjasama dengan pihak- Bank CIMB Niaga enters into agreement with other parties
pihak lain dalam menjalankan aktivitas usahanya. Berikut in conducting their business activities. The followings are
perjanjian/perikatan penting dengan pihak-pihak ketiga: the significant agreements with third parties: (continued)
(lanjutan)
4. Pada Januari 2025, Bank CIMB Niaga menandatangani 4. In January 2025, Bank CIMB Niaga entered into an
perjanjian eksklusif partnership dengan PT Mastercard exclusive partnership agreement with PT Mastercard
Indonesia yang ditujukan untuk Bank menjadi penyedia Indonesia which is intended for the Bank to be the
tunggal untuk kartu kredit dan debit konsumen. Selama single principal for consumer credit card and debit
masa perjanjian, Bank tidak diperbolehkan untuk card business. The Bank shall not issue any
menerbitkan kartu kredit dan debit dengan jaringan consumer debit and credit card with a competing
pembayaran pesaing lainnya selama periode payment network during the agreement period.
perjanjian. Perjanjian baru ini berlaku sampai dengan The agreement is valid up to 31 December 2039.
31 Desember 2039.
59. NILAI TERCATAT INSTRUMEN KEUANGAN 59. THE CARRYING AMOUNT OF FINANCIAL
INSTRUMENTS
Berikut ini adalah nilai tercatat instrumen keuangan Bank The carrying amount of Bank CIMB Niaga and Subsidiaries
CIMB Niaga dan Entitas Anak pada tanggal financial instruments As at 31 December 2025, 2024, and
31 Desember 2025, 2024, dan 2023: 2023 were as follows:
2025 2024 2023
ASET KEUANGAN FINANCIAL ASSETS
Kas 3,657,344 3,650,137 3,928,446 Cash
Giro pada Bank Indonesia 11,670,605 9,990,709 13,180,254 Current accounts with Bank Indonesia
Giro pada bank lain - bersih 1,907,866 2,508,917 2,703,266 Current accounts with other banks - net
Penempatan pada bank lain dan Bank Indonesia Placements with other banks and Bank Indonesia
Nominal - bersih 11,842,517 5,047,695 4,532,988 Nominal - net
Pendapatan bunga yang masih akan diterima 482 363 1,211 Accrued interest income
Jumlah tercatat 11,842,999 5,048,058 4,534,199 Carrying amount
Efek-efek Marketable securities
Nominal - bersih 20,326,032 23,455,294 9,363,933 Nominal - net
Pendapatan bunga yang masih akan diterima 67,757 59,760 75,353 Accrued interest income
Jumlah tercatat 20,393,789 23,515,054 9,439,286 Carrying amount
Obligasi pemerintah Government Bonds
Nominal - bersih 65,138,715 70,354,627 70,596,507 Nominal - net
Pendapatan bunga yang masih akan diterima 1,148,000 1,171,100 1,095,538 Accrued interest income
Jumlah tercatat 66,286,715 71,525,727 71,692,045 Carrying amount
Efek-efek yang dibeli dengan janji dijual kembali Securities purchased under resale agreements
Nominal - bersih 1,000,129 1,612,832 5,159,387 Nominal - net
Pendapatan bunga yang masih akan diterima 25,056 4,197 204,933 Accrued interest income
Jumlah tercatat 1,025,185 1,617,029 5,364,320 Carrying amount
Tagihan derivatif - bersih 773,692 1,184,890 849,014 Derivative receivables - net
Kredit yang diberikan Loans
Nominal - bersih 219,944,428 207,498,810 194,010,843 Nominal - net
Pendapatan bunga yang masih akan diterima 1,862,738 1,792,291 2,037,162 Accrued interest income
Beban dibayar dimuka 451,786 441,913 452,786 Prepaid expense
Komisi diterima dimuka (122,424) (106,037) (385,573) Unearned commission
Jumlah tercatat 222,136,528 209,626,977 196,115,218 Carrying amount
Piutang pembiayaan konsumen -
bersih 9,981,012 9,850,785 7,311,544 Consumer financing receivables - net
Tagihan akseptasi - bersih 1,935,458 2,751,967 1,093,453 Acceptance receivables - net
Penyertaan - bersih 23,143 23,143 3,659 Investments - net
Aset lain-lain - bersih 6,748,659 4,747,392 3,555,231 Other assets - net
Jumlah Aset Keuangan 358,382,995 346,040,785 319,769,935 Total Financial Assets
Halaman – 5/267 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 917
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
59. NILAI TERCATAT INSTRUMEN KEUANGAN (lanjutan) 59. THE CARRYING AMOUNT OF FINANCIAL
INSTRUMENTS (continued)
Berikut ini adalah nilai tercatat instrumen keuangan Bank The carrying amount of Bank CIMB Niaga and Subsidiaries
CIMB Niaga dan Entitas Anak pada tanggal financial instruments As at 31 December 2025, 2024, and
31 Desember 2025, 2024, dan 2023: (lanjutan) 2023 were as follows: (continued)
2025 2024 2023
LIABILITAS KEUANGAN FINANCIAL LIABILITIES
Liabilitas segera 3,892,219 4,473,871 3,581,921 Obligations due immediately
Simpanan dari nasabah Deposits from customers
Nominal 270,522,780 260,639,027 235,861,670 Nominal
Bunga yang masih harus dibayar 184,764 207,367 228,314 Accrued interest
Beban dibayar dimuka (189,885) (249,756) (55,334) Prepaid expense
Jumlah tercatat 270,517,659 260,596,638 236,034,650 Carrying amount
Simpanan dari bank lain Deposits from other banks
Nominal 7,366,310 5,959,468 1,760,447 Nominal
Bunga yang masih harus dibayar 1,448 2,572 434 Accrued interest
Jumlah tercatat 7,367,758 5,962,040 1,760,881 Carrying amount
Efek-efek yang dijual dengan janji dibeli kembali Securities sold under repurchase agreement
Nominal 11,514,958 11,288,963 20,426,826 Nominal
Bunga yang masih harus dibayar 3,231 7,492 20,593 Accrued interest
Jumlah tercatat 11,518,189 11,296,455 20,447,419 Carrying amount
Liabilitas derivatif 598,119 906,630 540,051 Derivative payables
Liabilitas akseptasi 1,937,050 2,761,800 1,102,091 Acceptance payables
Efek-efek yang diterbitkan Marketable securities issued
Nominal 3,685,222 1,687,452 2,297,702 Nominal
Bunga yang masih harus dibayar 19,886 18,262 5,498 Accrued interest
Jumlah tercatat 3,705,108 1,705,714 2,303,200 Carrying amount
Pinjaman yang diterima Borrowings
Nominal 4,455,255 8,487,935 6,288,525 Nominal
Bunga yang masih harus dibayar 11,990 15,477 23,552 Accrued interest
Jumlah tercatat 4,467,245 8,503,412 6,312,077 Carrying amount
Pinjaman subordinasi Subordinated loans
Nominal - 74,514 155,619 Nominal
Bunga yang masih harus dibayar - 958 1,181 Accrued interest
Jumlah tercatat - 75,472 156,800 Carrying amount
Beban yang masih harus dibayar Accruals expenses
dan liabilitas lain-lain 1,025,840 1,058,270 1,199,220 and other liabilities
Jumlah Liabilitas Keuangan 305,029,187 297,340,302 273,438,310 Total Financial Liabilities
Halaman – 5/268 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 918
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
60. SALING HAPUS 60. OFFSETTING
Pada tanggal 31 Desember 2025, 2024, dan 2023, tidak As at 31 December 2025, 2024, and 2023, there is no
terdapat aset dan liabilitas keuangan yang saling hapus financial assets and liabilities that are subject to offsetting
pada laporan posisi keuangan konsolidasian. in the consolidated statements of financial position.
Bank memiliki kredit yang diberikan yang dijamin dengan The Bank has loans collateralised by cash collateral
jaminan tunai (Catatan 12j), yang menjadi subyek untuk (Note 12j), which are subject to enforceable netting
memenuhi netting arrangements dan perjanjian serupa, arrangements and similar agreements that are not set off in
yang tidak saling hapus pada laporan posisi keuangan the consolidated statements of financial position.
konsolidasian.
61. INFORMASI TAMBAHAN YANG TIDAK 61. ADDITIONAL INFORMATION NOT REQUIRED BY
DIPERSYARATKAN OLEH STANDAR AKUNTANSI FINANCIAL ACCOUNTING STANDARDS
KEUANGAN
Informasi tambahan berikut yang disajikan dibawah ini The following additional information presented below is
merupakan informasi yang disyaratkan oleh regulasi yang information required by applicable regulations and is not
berlaku dan bukan/tidak merupakan informasi yang information required by Financial Accounting Standards:
dipersyaratkan oleh Standar Akuntansi Keuangan:
a. Giro pada Bank Indonesia a. Current accounts with Bank Indonesia
Pada tanggal 31 Desember 2025, 2024, dan 2023, As at 31 December 2025, 2024, and 2023, the
Giro Wajib Minimum (“GWM”) dalam mata uang Minimum Statutory Reserves (“GWM”) in Rupiah and
Rupiah dan Valuta Asing adalah: Foreign Currencies are:
2025 2024 2023
Konvensional Conventional
Rupiah Rupiah
Giro Wajib Minimum Minimum Statutory Reserve
- Harian 3.52% 3.26% 5.70% Daily -
- Rata-rata 6.83% 6.68% 8.97% Average -
Penyangga Likuiditas Makroprudensial 26.11% 34.59% 31.52% Macroprudential Liquidity Buffer
Rasio Intermediasi Makroprudensial 74.20% 78.39% 78.20% Macroprudential Intermediation Ratio
Valuta Asing Foreign Currencies
Giro Wajib Minimum Minimum Statutory Reserve
- Harian 4.08% 4.04% 4.04% Daily -
- Rata-rata 4.12% 4.14% 4.09% Average -
Unit Usaha Syariah Sharia Business Unit
Rupiah Rupiah
Giro Wajib Minimum Minimum Statutory Reserve
- Harian 5.64% 5.60% 4.37% Daily -
- Rata-rata 5.79% 4.50% 4.90% Average -
Rasio Intermediasi Makroprudensial 94.98% 113.19% 122.12% Macroprudential Intermediation Ratio
Valuta Asing Foreign Currencies
Giro Wajib Minimum 1.13% 1.08% 1.07% Minimum Statutory Reserve
Halaman – 5/269 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 919
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
61. INFORMASI TAMBAHAN YANG TIDAK 61. ADDITIONAL INFORMATION THAT IS NOT REQUIRED
DIPERSYARATKAN OLEH STANDAR AKUNTANSI BY FINANCIAL ACCOUNTING STANDARDS (continued)
KEUANGAN (lanjutan)
Informasi tambahan berikut yang disajikan dibawah ini The following additional information presented below is
merupakan informasi yang disyaratkan oleh regulasi yang information required by applicable regulations and is not
berlaku dan bukan/tidak merupakan informasi yang information required by Financial Accounting Standards:
dipersyaratkan oleh Standar Akuntansi Keuangan: (continued)
(lanjutan)
a. Giro pada Bank Indonesia (lanjutan) a. Current accounts with Bank Indonesia (continued)
GWM adalah jumlah dana minimum yang wajib Minimum Statutory Reserve is a minimum reserve that
dipelihara oleh Bank dalam bentuk saldo rekening should be maintained by Bank in the current accounts
giro pada Bank Indonesia, sedangkan Penyangga with Bank Indonesia, while Macroprudential Liquidity
Likuiditas Makroprudensial (“PLM”) adalah cadangan Buffer (“PLM”) is a minimum reserve in Rupiah that
likuiditas minimum dalam Rupiah yang wajib should be maintained by Bank which comprises of
dipelihara oleh Bank berupa Sertifikat Bank Bank Indonesia Certificates (“SBI”), Bank Indonesia
Indonesia (“SBI”), Sertifikat Deposito Bank Indonesia Certificates Deposits (“SDBI”), Government Debenture
(“SDBI”), Surat Utang Negara (“SUN”), Surat Debt (“SUN”), Government Commercial Notes
Berharga Negara (“SBN”), dan/atau Sekuritas (“SBN”), and/or Bank Indonesia Rupiah Securities
Rupiah Bank Indonesia (“SRBI”). Giro RIM (atau (“SRBI”). Macroprudential Intermediation Ratio (“RIM”)
dahulu disebut dengan GWM Loan to Funding Ratio (or previously known as Loan to Funding Ratio
(“LFR”) adalah tambahan simpanan minimum yang Minimum Statutory Reserve - LFR) is the additional
wajib dipelihara oleh Bank dalam bentuk saldo reserve that should be maintained by the Bank in the
rekening giro pada Bank Indonesia. form of current accounts with Bank Indonesia.
Pada tanggal 31 Desember 2025, 2024, dan 2023, As at 31 December 2025, 2024, and 2023, Bank CIMB
GWM Bank CIMB Niaga baik untuk yang Niaga's Minimum Statutory Reserves for both
Konvensional maupun Unit Usaha Syariah dan untuk Conventional and Sharia Business Units and for
Rupiah maupun Valuta Asing masing-masing telah Rupiah and Foreign Exchange have complied and
memenuhi dan dihitung sesuai dengan ketentuan have been calculated in accordance with the
dalam Peraturan Bank Indonesia dan Peraturan provisions of Bank Indonesia Regulations and the
Anggota Dewan Gubernur Bank Indonesia. Regulations of Members of the Board of Governors of
Bank Indonesia.
Pemenuhan Giro Wajib Minimum (“GWM”) mengacu Fulfillment of the Minimum Statutory Reserves
pada Peraturan Bank Indonesia (“PBI”) (“GWM”) refers to Bank Indonesia Regulation (PBI)
No. 11 Tahun 2024 tanggal 31 Desember 2024 No. 11 of 2024 dated 31 December 2024, concerning
tentang Pengendalian Moneter yang mencabut Monetary Control, which repeals PBI
PBI No.20/3/PBI/2018 tanggal 29 Maret 2018 No. 20/3/PBI/2018 dated 29 March 2018 concerning
tentang Giro Wajib Minimum dalam Rupiah dan Statutory Reserves in Rupiah and Foreign Exchange
Valuta Asing Bagi Bank Umum Konvensional, Bank for Conventional Commercial Banks, Sharia
Umum Syariah, dan Unit Usaha Syariah beserta Commercial Banks, and Sharia Business Units along
ketentuan perubahannya. with its amendments.
Halaman – 5/270 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 920
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
61. INFORMASI TAMBAHAN YANG TIDAK 61. ADDITIONAL INFORMATION THAT IS NOT REQUIRED
DIPERSYARATKAN OLEH STANDAR AKUNTANSI BY FINANCIAL ACCOUNTING STANDARDS (continued)
KEUANGAN (lanjutan)
Informasi tambahan berikut yang disajikan dibawah ini The following additional information presented below is
merupakan informasi yang disyaratkan oleh regulasi yang information required by applicable regulations and is not
berlaku dan bukan/tidak merupakan informasi yang information required by Financial Accounting Standards:
dipersyaratkan oleh Standar Akuntansi Keuangan: (continued)
(lanjutan)
a. Giro pada Bank Indonesia (lanjutan) a. Current accounts with Bank Indonesia (continued)
PBI tersebut dijelaskan lebih lanjut melalui Peraturan The provided text elaborates on the regulation through
Anggota Dewan Gubernur Bank Indonesia the Regulation of Members of the Board of Governors
Nomor 12 Tahun 2023 tentang Giro Wajib Minimum of Bank Indonesia Number 12 Year 2023 concerning
Dalam Rupiah dan Valuta Asing Bagi Bank Umum Minimum Statutory Reserves in Rupiah and Foreign
Konvensional, Bank Umum Syariah, dan Unit Usaha Exchange for Conventional Commercial Banks, Sharia
Syariah yang efektif pada tanggal 1 Oktober 2023 Commercial Banks, and Sharia Business Units
yang telah mengalami beberapa kali perubahan effective on 1 October 2023 where the regulation has
dengan perubahan terakhir tertuang dalam Peraturan undergone several amendments, the latest
Anggota Dewan Gubernur Bank Indonesia amendment is contained in the Regulation of Members
Nomor 31 Tahun 2025 yang berlaku efektif pada of the Board of Governors of Bank Indonesia Number
tanggal 23 Desember 2025. Berdasarkan peraturan- 31 Year 2025 which effective on 23 December 2025.
peraturan tersebut, GWM yang harus dipenuhi Based on these regulations, the Statutory Reserves
adalah sebagai berikut: that must be met were as follows:
2025 2024 2023
Konvensional Conventional
Rupiah Rupiah
Giro Wajib Minimum Minimum Statutory Reserve
- Harian 0.00% 0.00% 0.00% Daily -
- Rata-rata 9.00% 9.00% 9.00% Average -
Valuta Asing Foreign Currencies
Giro Wajib Minimum Minimum Statutory Reserve
- Harian 2.00% 2.00% 2.00% Daily -
- Rata-rata 2.00% 2.00% 2.00% Average -
Unit Usaha Syariah Sharia Business Unit
Rupiah Rupiah
Giro Wajib Minimum Minimum Statutory Reserve
- Harian 0.00% 0.00% 0.00% Daily -
- Rata-rata 7.50% 7.50% 7.50% Average -
Valuta Asing Foreign Currencies
Giro Wajib Minimum 1.00% 1.00% 1.00% Minimum Statutory Reserve
Halaman – 5/271 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 921
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
61. INFORMASI TAMBAHAN YANG TIDAK 61. ADDITIONAL INFORMATION THAT IS NOT REQUIRED
DIPERSYARATKAN OLEH STANDAR AKUNTANSI BY FINANCIAL ACCOUNTING STANDARDS (continued)
KEUANGAN (lanjutan)
Informasi tambahan berikut yang disajikan dibawah ini The following additional information presented below is
merupakan informasi yang disyaratkan oleh regulasi yang information required by applicable regulations and is not
berlaku dan bukan/tidak merupakan informasi yang information required by Financial Accounting Standards:
dipersyaratkan oleh Standar Akuntansi Keuangan: (continued)
(lanjutan)
a. Giro pada Bank Indonesia (lanjutan) a. Current accounts with Bank Indonesia (continued)
Pada tanggal 31 Desember 2025, Bank CIMB Niaga As at 31 December 2025, Bank CIMB Niaga
Konvensional mendapatkan insentif dari Bank Conventional received an incentive from Bank
Indonesia sebesar 3,80% (2024: 3,30%; Indonesia of 3.80% (2024: 3.30%; 2023: 1.00%)
2023: 1,00%) karena telah menyalurkan kredit because it has disbursed loan to priority sectors in
kepada sektor prioritas sesuai dengan Peraturan accordance with the Regulation of Members of the
Anggota Dewan Gubernur Bank Indonesia Nomor Board of Governors of Bank Indonesia Number 7 Year
7 Tahun 2025 tentang Peraturan Pelaksanaan 2025 concerning Regulation on the Implementation of
Kebijakan Insentif Likuiditas Makroprudensial. Macroprudential Liquidity Incentive Policy.
Insentif tersebut berlaku untuk tahun The incentive is valid from 16 December 2025 to
16 Desember 2025 sampai 31 Desember 2025 31 December 2025 (2024: 1 December 2024 to
(2024: 1 Desember 2024 sampai 31 Desember 2024; 31 December 2024; 2023: 1 December 2023 to
2023: 1 Desember 2023 sampai 29 Februari 2024), 29 February 2024), so that the Average Minimum
sehingga GWM Rata-Rata konvensional Bank Statutory Reserves for conventional of Bank CIMB
CIMB Niaga yang semula harus memenuhi GWM Niaga which originally had to meet the Average
Rata-Rata sebesar 9,00% berubah menjadi 5,20% Minimum Statutory Reserves of 9.00% changed to
(2024: 5,70%; 2023: 8,00%). 5.20% (2024: 5.70%; 2023: 8.00%).
Pada tanggal 31 Desember 2025, Unit Usaha As at 31 December 2025, the Sharia Business Unit of
Syariah Bank CIMB Niaga mendapatkan insentif dari Bank CIMB Niaga received an incentive from Bank
Bank Indonesia sebesar 5,00% (2024: 3,20%; 2023: Indonesia of 5.00% (2024: 3.20%; 2023: 2.70%)
2,70%) karena telah menyalurkan kredit kepada because it has disbursed loan to priority sectors in
sektor prioritas sesuai dengan Peraturan Anggota accordance with the Regulation of Members of the
Dewan Gubernur Bank Indonesia Nomor 7 Tahun Board of Governors of Bank Indonesia Number 7 Year
2025 tentang Peraturan Pelaksanaan Kebijakan 2025 concerning Regulation on the Implementation of
Insentif Likuiditas Makroprudensial. Insentif tersebut Macroprudential Liquidity Incentive Policy.
berlaku untuk tahun 1 Desember 2025 sampai The incentive is valid from 1 December 2025 to
31 Desember 2025 (2024: 1 Desember 2024 sampai 31 December 2025 (2024: 1 December 2024 to
31 Desember 2024; 2023: 1 Desember 2023 sampai 31 December 2024; 2023: 1 December 2023 to
29 Februari 2024), sehingga GWM Rata-Rata Unit 29 February 2024), so that the Average Minimum
Usaha Syariah Bank CIMB Niaga yang semula harus Statutory Reserves for Sharia Business Units of Bank
memenuhi GWM Rata-Rata sebesar 7,50% berubah CIMB Niaga which originally had to meet the Average
menjadi 2,50% (2024: 4,30%; 2023: 4,80%). Minimum Statutory Reserves of 7.50% changed to
2.50% (2024: 4.30%; 2023: 4.80%).
Halaman – 5/272 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 922
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
61. INFORMASI TAMBAHAN YANG TIDAK 61. ADDITIONAL INFORMATION THAT IS NOT REQUIRED
DIPERSYARATKAN OLEH STANDAR AKUNTANSI BY FINANCIAL ACCOUNTING STANDARDS (continued)
KEUANGAN (lanjutan)
Informasi tambahan berikut yang disajikan dibawah ini The following additional information presented below is
merupakan informasi yang disyaratkan oleh regulasi yang information required by applicable regulations and is not
berlaku dan bukan/tidak merupakan informasi yang information required by Financial Accounting Standards:
dipersyaratkan oleh Standar Akuntansi Keuangan: (continued)
(lanjutan)
a. Giro pada Bank Indonesia (lanjutan) a. Current accounts with Bank Indonesia (continued)
Pada tanggal 31 Desember 2025, 2024, dan 2023, As at 31 December 2025, 2024, and 2023, Bank CIMB
PLM dan RIM Bank CIMB Niaga telah dihitung sesuai Niaga's PLM and RIM have been calculated in
dengan ketentuan dalam Peraturan Bank Indonesia accordance with the provisions of Bank Indonesia
No. 20/4/PBI/2018 tentang Rasio Intermediasi Regulation No. 20/4/PBI/2018 concerning
Makroprudensial & Penyangga Likuiditas Macroprudential Intermediation Ratios &
Makroprudensial bagi Bank Umum Konvensional, Macroprudential Liquidity Buffers for Conventional
Bank Umum Syariah, dan Unit Usaha Syariah yang Commercial Banks, Sharia Commercial Banks, and
efektif tanggal 3 April 2018 dimana peraturan tersebut Sharia Business Units effective on 3 April 2018 where
telah mengalami beberapa kali perubahan dengan the regulation has undergone several changes, the
perubahan terakhir tertuang dalam Peraturan Bank latest amendment is contained in Bank Indonesia
Indonesia No. 24/16/PBI/2022 yang efektif tanggal 31 Regulations No. 24/16/PBI/2022 effective on
Oktober 2022, dan juga Peraturan Anggota Dewan 31 October 2022, and also Regulation of Members of
Gubernur Bank Indonesia No. 21/22/PADG/2019 the Board of Governors of Bank Indonesia No.
tentang Rasio Intermediasi Makroprudensial dan 21/22/PADG/2019 concerning Macroprudential
Penyangga Likuiditas Makroprudensial Bagi Bank Intermediation Ratios and Macroprudential Liquidity
Umum Konvensional, Bank Umum Syariah, dan Unit Buffers for Conventional Commercial Banks, Sharia
Usaha Syariah yang efektif tanggal 28 November Commercial Banks, and Sharia Business Units
2019 dimana peraturan tersebut telah mengalami effective on 28 November 2019 where the regulation
beberapa kali perubahan dengan perubahan terakhir has undergone several changes, the latest
tertuang dalam Peraturan Anggota Dewan Gubernur amendment is contained in the Regulations of
Bank Indonesia No. 11 Tahun 2025 yang efektif Member of the Board of Governors of Bank Indonesia
tanggal 28 Mei 2025. No. 11 Year 2025 which effective on
28 May 2025.
Berdasarkan peraturan-peraturan tersebut, PLM Based on these regulations, the PLM that must be
yang harus dipenuhi adalah sebesar 4% untuk posisi fulfilled is 4% for the position as at 31 December 2025
31 Desember 2025 dan 31 Desember 2024 dan 2023 and 31 December 2024 and 2023 is 6%. For RIM, as
sebesar 6%. Untuk RIM, Pada tanggal 31 Desember of 31 December 2025, 2024, and 2023, the lower limit
2025, 2024, dan 2023, batas bawah adalah sebesar is 84% and the upper limit is 94% with Capital
84% dan batas atas adalah sebesar 94% dengan Adequacy Ratio (“CAR”) Incentive of 14%.
Kewajiban Penyediaan Modal Minimum (“KPMM”)
Insentif sebesar 14%.
Pada tanggal 31 Desember 2025, RIM Bank CIMB As at 31 December 2025, Bank CIMB Niaga
Niaga Konvensional sebesar 74,20% Conventional’s RIM was 74.20% (2024: 78.39%;
(2024: 78,39%; 2023: 78,20%) dimana berada 2023: 78.20%) which was below the lower limit and
dibawah batas bawah dan RIM Unit Usaha Syariah Bank CIMB Niaga Syariah Business Unit’s RIM was
Bank CIMB Niaga sebesar 94,98% (2024: 113,19%; 94.98% (2024: 113.19%; 2023: 122.12%) which was
2023: 122,12%) dimana berada diatas batas atas. above the upper limit. For this matter, in accordance
Atas hal tersebut, sesuai dengan peraturan yang with applicable regulations, Bank CIMB Niaga is
berlaku, Bank CIMB Niaga diwajibkan untuk required to increase RIM Reserve with Bank Indonesia
menambah Giro RIM ke Bank Indonesia yang which is part of the Statutory Reserves. The addition
merupakan bagian dari GWM. Penambahan Giro RIM of the RIM Reserve has been fulfilled by Bank CIMB
tersebut telah dipenuhi oleh Bank CIMB Niaga. Niaga.
Halaman – 5/273 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 923
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
61. INFORMASI TAMBAHAN YANG TIDAK 61. ADDITIONAL INFORMATION THAT IS NOT REQUIRED
DIPERSYARATKAN OLEH STANDAR AKUNTANSI BY FINANCIAL ACCOUNTING STANDARDS (continued)
KEUANGAN (lanjutan)
Informasi tambahan berikut yang disajikan dibawah ini The following additional information presented below is
merupakan informasi yang disyaratkan oleh regulasi yang information required by applicable regulations and is not
berlaku dan bukan/tidak merupakan informasi yang information required by Financial Accounting Standards:
dipersyaratkan oleh Standar Akuntansi Keuangan: (continued)
(lanjutan)
b. Giro pada bank lain b. Current accounts with other banks
Berdasarkan kolektibilitas By collectability
Pada tanggal 31 Desember 2025, 2024, dan 2023, As at 31 December 2025, 2024, and 2023, all current
seluruh giro pada bank lain digolongkan sebagai accounts with other banks were classified as pass.
lancar.
c. Penempatan pada bank lain dan Bank Indonesia c. Placement with other banks and Bank Indonesia
Berdasarkan kolektibilitas By collectability
2025 2024 2023
Lancar 11,842,588 5,047,695 4,532,991 Pass
Macet - - 8,711 Loss
11,842,588 5,047,695 4,541,702
Dikurangi: Less:
Cadangan kerugian penurunan nilai (71) - (8,714) Allowance for impairment losses
11,842,517 5,047,695 4,532,988
d. Efek-efek d. Marketable securities
Berdasarkan kolektibilitas By collectability
2025 2024 2023
Lancar 20,326,814 23,456,134 9,388,093 Pass
Macet - - 15,000 Loss
20,326,814 23,456,134 9,403,093
Dikurangi: Cadangan kerugian penurunan nilai (782) (840) (39,160) Less: Allowance for impairment losses
20,326,032 23,455,294 9,363,933
e. Efek-efek yang dibeli dengan janji dijual kembali e. Securities purchased under resale agreements
Pada tanggal 31 Desember 2025, 2024, dan 2023, As at 31 December 2025, 2024, and 2023, all
seluruh efek-efek yang dibeli dengan janji dijual securities purchased under resale agreements were
kembali digolongkan sebagai lancar. classified as pass.
Halaman – 5/274 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 924
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
61. INFORMASI TAMBAHAN YANG TIDAK 61. ADDITIONAL INFORMATION THAT IS NOT REQUIRED
DIPERSYARATKAN OLEH STANDAR AKUNTANSI BY FINANCIAL ACCOUNTING STANDARDS
KEUANGAN (lanjutan) (continued)
Informasi tambahan berikut yang disajikan dibawah ini The following additional information presented below is
merupakan informasi yang disyaratkan oleh regulasi yang information required by applicable regulations and is not
berlaku dan bukan/tidak merupakan informasi yang information required by Financial Accounting Standards:
dipersyaratkan oleh Standar Akuntansi Keuangan: (continued)
(lanjutan)
f. Tagihan dan liabilitas derivatif f. Derivative receivables and payables
Berdasarkan kolektibilitas By collectability
Pada tanggal 31 Desember 2025, 2024, dan 2023, As at 31 December 2025, 2024, and 2023,
seluruh tagihan derivatif digolongkan sebagai lancar. all derivative receivables were classified as pass.
g. Kredit yang diberikan g. Loans
Berdasarkan jenis, mata uang, dan kualitas kredit By type, currency, and loans quality
Kualitas kredit yang diberikan berdasarkan Loans quality based on collectability according to OJK
kolektibilitas sesuai ketentuan OJK: regulation collectability:
2025
Dalam
Perhatian Kurang
Khusus/ Lancar/
Lancar/ Special Sub- Diragukan/ Macet/ Jumlah/
Pass Mention Standard Doubtful Loss Total
Pihak Berelasi Related parties
Rupiah Rupiah
Konsumsi 142,968 - - - - 142,968 Consumer
Sub jumlah 142,968 - - - - 142,968 Sub Total
Dolar Amerika Serikat United States Dollar
Konsumsi 3,335 - - - - 3,335 Consumer
Sub jumlah 3,335 - - - - 3,335 Sub Total
Pihak Ketiga Third parties
Rupiah Rupiah
Konsumsi 63,425,025 3,633,263 451,972 386,105 984,722 68,881,087 Consumer
Modal Kerja 79,783,033 819,352 78,227 119,982 1,489,884 82,290,478 Working capital
Investasi 34,519,887 570,486 1,337 39,498 519,531 35,650,739 Investment
Sub jumlah 177,727,945 5,023,101 531,536 545,585 2,994,137 186,822,304 Sub Total
Dolar Amerika Serikat United States Dollar
Konsumsi 107,325 - - - - 107,325 Consumer
Modal Kerja 29,249,628 1,739,523 - - 10,016 30,999,167 Working capital
Investasi 9,411,615 - - - - 9,411,615 Investment
Sub jumlah 38,768,568 1,739,523 - - 10,016 40,518,107 Sub Total
Dolar Singapura Singapore Dollar
Modal Kerja 21,537 - - - - 21,537 Working capital
Sub jumlah 21,537 - - - - 21,537 Sub Total
Euro Euro
Modal Kerja 79,549 - - - - 79,549 Working capital
Sub jumlah 79,549 - - - - 79,549 Sub Total
Yuan Cina Chinese Yuan
Modal Kerja 97,676 - - - - 97,676 Working capital
Sub jumlah 97,676 - - - - 97,676 Sub Total
Dolar Australia Australian Dollar
Modal Kerja 312,507 - - - - 312,507 Working capital
Sub jumlah 312,507 - - - - 312,507 Sub Total
Jumlah 217,154,085 6,762,624 531,536 545,585 3,004,153 227,997,983 Total
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (8,053,555) impairment losses
Jumlah - bersih 219,944,428 Total - net
Halaman – 5/275 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 925
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
61. INFORMASI TAMBAHAN YANG TIDAK 61. ADDITIONAL INFORMATION THAT IS NOT REQUIRED
DIPERSYARATKAN OLEH STANDAR AKUNTANSI BY FINANCIAL ACCOUNTING STANDARDS
KEUANGAN (lanjutan) (continued)
Informasi tambahan berikut yang disajikan dibawah ini The following additional information presented below is
merupakan informasi yang disyaratkan oleh regulasi yang information required by applicable regulations and is not
berlaku dan bukan/tidak merupakan informasi yang information required by Financial Accounting Standards:
dipersyaratkan oleh Standar Akuntansi Keuangan: (continued)
(lanjutan)
g. Kredit yang diberikan (lanjutan) g. Loans (continued)
Berdasarkan jenis, mata uang, dan kualitas kredit By type, currency, and loans quality (continued)
(lanjutan)
Kualitas kredit yang diberikan berdasarkan Loans quality based on collectability according to OJK
kolektibilitas sesuai ketentuan OJK: (lanjutan) regulation collectability: (continued)
2024
Dalam
Perhatian Kurang
Khusus/ Lancar/
Lancar/ Special Sub- Diragukan/ Macet/ Jumlah/
Pass Mention Standard Doubtful Loss Total
Pihak Berelasi Related parties
Rupiah Rupiah
Konsumsi 120,875 - - - - 120,875 Consumer
Sub jumlah 120,875 - - - - 120,875 Sub Total
Dolar Amerika Serikat United States Dollar
Konsumsi 1,449 - - - - 1,449 Consumer
Sub jumlah 1,449 - - - - 1,449 Sub Total
Pihak Ketiga Third parties
Rupiah Rupiah
Konsumsi 61,237,014 3,699,581 482,546 393,871 753,338 66,566,350 Consumer
Modal Kerja 69,674,897 926,790 60,473 123,517 1,496,976 72,282,653 Working capital
Investasi 41,815,729 748,616 3,953 20,867 560,335 43,149,500 Investment
Sub jumlah 172,727,640 5,374,987 546,972 538,255 2,810,649 181,998,503 Sub Total
Dolar Amerika Serikat United States Dollar
Konsumsi 93,935 - - - - 93,935 Consumer
Modal Kerja 21,315,029 2,963,862 - - - 24,278,891 Working capital
Investasi 10,922,218 31,444 - - - 10,953,662 Investment
Sub jumlah 32,331,182 2,995,306 - - - 35,326,488 Sub Total
Dolar Singapura Singapore Dollar
Modal Kerja 35,223 2,474 - - - 37,697 Working capital
Sub jumlah 35,223 2,474 - - - 37,697 Sub Total
Euro Euro
Modal Kerja 89,890 - - - - 89,890 Working capital
Sub jumlah 89,890 - - - - 89,890 Sub Total
Yuan Cina Chinese Yuan
Modal Kerja 106,115 - - - - 106,115 Working capital
Sub jumlah 106,115 - - - - 106,115 Sub Total
Dolar Australia Australian Dollar
Modal Kerja 268,919 - - - - 268,919 Working capital
Sub jumlah 268,919 - - - - 268,919 Sub Total
Jumlah 205,681,293 8,372,767 546,972 538,255 2,810,649 217,949,936 Total
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (10,451,126) impairment losses
Jumlah - bersih 207,498,810 Total - net
Halaman – 5/276 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 926
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
61. INFORMASI TAMBAHAN YANG TIDAK 61. ADDITIONAL INFORMATION THAT IS NOT REQUIRED
DIPERSYARATKAN OLEH STANDAR AKUNTANSI BY FINANCIAL ACCOUNTING STANDARDS
KEUANGAN (lanjutan) (continued)
Informasi tambahan berikut yang disajikan dibawah ini The following additional information presented below is
merupakan informasi yang disyaratkan oleh regulasi yang information required by applicable regulations and is not
berlaku dan bukan/tidak merupakan informasi yang information required by Financial Accounting Standards:
dipersyaratkan oleh Standar Akuntansi Keuangan: (continued)
(lanjutan)
g. Kredit yang diberikan (lanjutan) g. Loans (continued)
Berdasarkan jenis, mata uang, dan kualitas kredit By type, currency, and loans quality (continued)
(lanjutan)
Kualitas kredit yang diberikan berdasarkan Loans quality based on collectability according to OJK
kolektibilitas sesuai ketentuan OJK: (lanjutan) regulation collectability: (continued)
2023
Dalam
Perhatian Kurang
Khusus/ Lancar/
Lancar/ Special Sub- Diragukan/ Macet/ Jumlah/
Pass Mention Standard Doubtful Loss Total
Pihak Berelasi Related parties
Rupiah Rupiah
Konsumsi 169,371 - - - - 169,371 Consumer
Sub jumlah 169,371 - - - - 169,371 Sub Total
Dolar Amerika Serikat United States Dollar
Konsumsi 1,386 - - - - 1,386 Consumer
Sub jumlah 1,386 - - - - 1,386 Sub Total
Pihak Ketiga Third parties
Rupiah Rupiah
Konsumsi 60,185,165 3,863,541 313,204 312,000 562,938 65,236,848 Consumer
Modal Kerja 62,205,956 1,154,631 134,846 80,942 1,991,970 65,568,345 Working capital
Investasi 43,191,590 1,909,601 6,774 322,703 218,269 45,648,937 Investment
Sub jumlah 165,582,711 6,927,773 454,824 715,645 2,773,177 176,454,130 Sub Total
Dolar Amerika Serikat United States Dollar
Konsumsi 105,241 - - - - 105,241 Consumer
Modal Kerja 21,470,118 3,073,899 - - 133,657 24,677,674 Working capital
Investasi 4,258,484 86,550 - - - 4,345,034 Investment
Sub jumlah 25,833,843 3,160,449 - - 133,657 29,127,949 Sub Total
Dolar Singapura Singapore Dollar
Modal Kerja 51,051 - - - - 51,051 Working capital
Investasi 1,150 - - - - 1,150 Investment
Sub jumlah 52,201 - - - - 52,201 Sub Total
Euro Euro
Konsumsi Consumer
Modal Kerja 21,198 - - - - 21,198 Working capital
Sub jumlah 21,198 - - - - 21,198 Sub Total
Yuan China Chinese Yuan
Modal Kerja 6,820 - - - - 6,820 Working capital
Sub jumlah 6,820 - - - - 6,820 Sub Total
Dolar Australia Australian Dollar
Modal Kerja 83,495 - - - - 83,495 Working capital
Sub jumlah 83,495 - - - - 83,495 Sub Total
Jumlah 191,751,025 10,088,222 454,824 715,645 2,906,834 205,916,550 Total
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (11,905,707) impairment losses
Jumlah - bersih 194,010,843 Total - net
Halaman – 5/277 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 927
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
61. INFORMASI TAMBAHAN YANG TIDAK 61. ADDITIONAL INFORMATION THAT IS NOT REQUIRED
DIPERSYARATKAN OLEH STANDAR AKUNTANSI BY FINANCIAL ACCOUNTING STANDARDS
KEUANGAN (lanjutan) (continued)
Informasi tambahan berikut yang disajikan dibawah ini The following additional information presented below is
merupakan informasi yang disyaratkan oleh regulasi yang information required by applicable regulations and is not
berlaku dan bukan/tidak merupakan informasi yang information required by Financial Accounting Standards:
dipersyaratkan oleh Standar Akuntansi Keuangan: (continued)
(lanjutan)
g. Kredit yang diberikan (lanjutan) g. Loans (continued)
Berdasarkan sektor ekonomi By economic sector
Rasio kredit yang mengalami penurunan nilai bruto Gross and net impaired loan ratios as at
dan neto pada tanggal 31 Desember 2025 masing- 31 December 2025 are 3.20% and 0.57%, respectively
masing adalah sebesar 3,20% dan 0,57% (2024: 4.20% and 0.61%; 2023: 5.29% and 1.01%).
(2024: 4,20% dan 0,61%; 2023: 5,29% dan 1,01%). Gross impaired loan ratio is calculated by dividing total
Rasio kredit yang mengalami penurunan nilai bruto impaired loans with total loans. Net impaired loan ratio
dihitung dengan membagi jumlah kredit yang is calculated by deducting total impaired loans with
diberikan yang mengalami penurunan nilai dengan allowance for impairment losses on impaired loans
jumlah kredit yang diberikan. Rasio kredit yang and dividing with total loans. The net impaired loans
mengalami penurunan nilai neto dihitung dengan ratio is calculated by deducting the allowance for
mengurangkan jumlah kredit bermasalah dengan impairment losses from the gross impaired loans, then
penyisihan kerugian penurunan nilai atas kredit dividing the result by the total loans.
bermasalah, kemudian dibagi dengan jumlah kredit.
Kualitas kredit yang diberikan berdasarkan sektor Loans quality based on economic sector and
ekonomi dan kolektibilitas sesuai ketentuan OJK: collectability according to OJK regulation:
2025
Dalam
Perhatian Kurang
Khusus/ Lancar/
Lancar/ Special Sub- Diragukan/ Macet/ Jumlah/
Pass Mention Standard Doubtful Loss Total
Rupiah Rupiah
Perindustrian 25,765,379 293,316 9,258 29,205 311,867 26,409,025 Manufacturing
Perdagangan, restoran, Trading, restaurants,
hotel, dan administrasi 31,276,799 426,003 58,506 88,109 930,013 32,779,430 hotels, and administration
Pertanian 6,846,453 7,728 - - 53,592 6,907,773 Agriculture
Jasa usaha 23,909,623 48,823 2,431 4,633 392,406 24,357,916 Business services
Konstruksi 6,107,458 571,936 9,369 35,733 267,019 6,991,515 Construction
Pengangkutan, pergudangan, Transportation, warehousing,
dan komunikasi 8,518,457 32,996 - 1,800 30,002 8,583,255 and communication
Jasa pelayanan sosial 5,576,654 9,036 - - 5,136 5,590,826 Social services
Pertambangan 1,778,537 - - - 15,013 1,793,550 Mining
Listrik, gas, dan air 4,523,560 - - - 4,367 4,527,927 Electricity, gas, and water
Perumahan 34,447,763 2,153,309 232,124 165,591 745,152 37,743,939 Housing
Konsumsi 29,120,230 1,479,954 219,848 220,514 239,570 31,280,116 Consumer
Sub jumlah 177,870,913 5,023,101 531,536 545,585 2,994,137 186,965,272 Sub Total
Mata uang asing Foreign currencies
Perindustrian 16,367,890 1,734,791 - - 10,016 18,112,697 Manufacturing
Perdagangan, restoran, Trading, restaurants,
hotel, dan administrasi 5,030,933 4,732 - - - 5,035,665 hotels, and administration
Pertanian 4,762,477 - - - - 4,762,477 Agriculture
Jasa usaha 4,899,113 - - - - 4,899,113 Business services
Konstruksi 314,817 - - - - 314,817 Construction
Pengangkutan, pergudangan, Transportation, warehousing,
dan komunikasi 3,260,446 - - - - 3,260,446 and communication
Pertambangan 3,989,688 - - - - 3,989,688 Mining
Listrik, gas, dan air 547,148 - - - - 547,148 Electricity, gas, and water
Konsumsi 110,660 - - - - 110,660 Consumer
Sub jumlah 39,283,172 1,739,523 - - 10,016 41,032,711 Sub Total
Jumlah 217,154,085 6,762,624 531,536 545,585 3,004,153 227,997,983 Total
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (8,053,555) impairment losses
Jumlah - bersih 219,944,428 Total - net
Halaman – 5/278 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 928
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
61. INFORMASI TAMBAHAN YANG TIDAK 61. ADDITIONAL INFORMATION THAT IS NOT REQUIRED
DIPERSYARATKAN OLEH STANDAR AKUNTANSI BY FINANCIAL ACCOUNTING STANDARDS
KEUANGAN (lanjutan) (continued)
Informasi tambahan berikut yang disajikan dibawah ini The following additional information presented below is
merupakan informasi yang disyaratkan oleh regulasi yang information required by applicable regulations and is not
berlaku dan bukan/tidak merupakan informasi yang information required by Financial Accounting Standards:
dipersyaratkan oleh Standar Akuntansi Keuangan: (continued)
(lanjutan)
g. Kredit yang diberikan (lanjutan) g. Loans (continued)
Berdasarkan sektor ekonomi (lanjutan) By economic sector (continued)
Kualitas kredit yang diberikan berdasarkan sektor Loans quality based on economic sector and
ekonomi dan kolektibilitas sesuai ketentuan OJK: collectability according to OJK regulation: (continued)
(lanjutan)
2024
Dalam
Perhatian Kurang
Khusus/ Lancar/
Lancar/ Special Sub- Diragukan/ Macet/ Jumlah/
Pass Mention Standard Doubtful Loss Total
Rupiah Rupiah
Perindustrian 24,369,156 343,643 25,148 45,728 285,471 25,069,146 Manufacturing
Perdagangan, restoran, Trading, restaurants,
hotel, dan administrasi 29,299,229 408,377 37,761 91,696 1,025,941 30,863,004 hotels, and administration
Pertanian 7,633,403 - - - 74,609 7,708,012 Agriculture
Jasa usaha 25,018,146 152,520 - - 476,987 25,647,653 Business services
Konstruksi 6,570,567 712,801 - - 104,456 7,387,824 Construction
Pengangkutan, pergudangan, Transportation, warehousing,
dan komunikasi 10,084,787 45,063 1,023 6,960 48,055 10,185,888 and communication
Jasa pelayanan sosial 1,862,084 8,635 494 - 11,232 1,882,445 Social services
Pertambangan 1,746,268 - - - 15,013 1,761,281 Mining
Listrik, gas, dan air 4,906,986 4,367 - - 15,547 4,926,900 Electricity, gas, and water
Perumahan 34,686,896 2,228,872 234,032 163,584 619,643 37,933,027 Housing
Konsumsi 26,670,993 1,470,709 248,514 230,287 133,695 28,754,198 Consumer
Sub jumlah 172,848,515 5,374,987 546,972 538,255 2,810,649 182,119,378 Sub Total
Mata uang asing Foreign currencies
Perindustrian 12,809,696 2,965,029 - - - 15,774,725 Manufacturing
Perdagangan, restoran, Trading, restaurants,
hotel, dan administrasi 3,586,869 31,444 - - - 3,618,313 hotels, and administration
Pertanian 5,912,805 - - - - 5,912,805 Agriculture
Jasa usaha 1,992,522 - - - - 1,992,522 Business services
Konstruksi 1,192 - - - - 1,192 Construction
Pengangkutan, pergudangan, Transportation, warehousing,
dan komunikasi 2,287,478 1,307 - - - 2,288,785 and communication
Pertambangan 5,618,715 - - - - 5,618,715 Mining
Listrik, gas, dan air 528,117 - - - - 528,117 Electricity, gas, and water
Konsumsi 95,384 - - - - 95,384 Consumer
Sub jumlah 32,832,778 2,997,780 - - - 35,830,558 Sub Total
Jumlah 205,681,293 8,372,767 546,972 538,255 2,810,649 217,949,936 Total
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (10,451,126) impairment losses
Jumlah - bersih 207,498,810 Total - net
Halaman – 5/279 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 929
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
61. INFORMASI TAMBAHAN YANG TIDAK 61. ADDITIONAL INFORMATION THAT IS NOT REQUIRED
DIPERSYARATKAN OLEH STANDAR AKUNTANSI BY FINANCIAL ACCOUNTING STANDARDS
KEUANGAN (lanjutan) (continued)
Informasi tambahan berikut yang disajikan dibawah ini The following additional information presented below is
merupakan informasi yang disyaratkan oleh regulasi yang information required by applicable regulations and is not
berlaku dan bukan/tidak merupakan informasi yang information required by Financial Accounting Standards:
dipersyaratkan oleh Standar Akuntansi Keuangan: (continued)
(lanjutan)
g. Kredit yang diberikan (lanjutan) g. Loans (continued)
Berdasarkan sektor ekonomi (lanjutan) By economic sector (continued)
Kualitas kredit yang diberikan berdasarkan sektor Loans quality based on economic sector and
ekonomi dan kolektibilitas sesuai ketentuan OJK: collectability according to OJK regulation: (continued)
(lanjutan)
2023
Dalam
Perhatian Kurang
Khusus/ Lancar/
Lancar/ Special Sub- Diragukan/ Macet/ Jumlah/
Pass Mention Standard Doubtful Loss Total
Rupiah Rupiah
Perindustrian 23,639,342 432,738 77,614 5,448 715,993 24,871,135 Manufacturing
Perdagangan, restoran, Trading, restaurants,
hotel, dan administrasi 27,766,817 691,643 54,742 61,300 1,104,617 29,679,119 hotels, and administration
Pertanian 8,142,299 46,933 - - 87,270 8,276,502 Agriculture
Jasa usaha 19,526,051 198,413 - 327,761 118,725 20,170,950 Business services
Konstruksi 7,588,192 734,231 9,264 1,700 113,140 8,446,527 Construction
Pengangkutan, pergudangan, Transportation, warehousing,
dan komunikasi 11,702,604 27,938 - - 39,933 11,770,475 and communication
Jasa pelayanan sosial 1,040,137 913,673 - 7,436 - 1,961,246 Social services
Pertambangan 813,228 - - - 15,013 828,241 Mining
Listrik, gas, dan air 5,178,876 18,663 - - 15,548 5,213,087 Electricity, gas, and water
Perumahan 35,534,795 2,569,981 179,043 123,534 482,211 38,889,564 Housing
Konsumsi 24,819,741 1,293,560 134,161 188,466 80,727 26,516,655 Consumer
Sub jumlah 165,752,082 6,927,773 454,824 715,645 2,773,177 176,623,501 Sub Total
Mata uang asing Foreign currencies
Perindustrian 10,512,877 2,847,712 - - 133,657 13,494,246 Manufacturing
Perdagangan, restoran, Trading, restaurants,
hotel, dan administrasi 2,845,039 312,737 - - - 3,157,776 hotels, and administration
Pertanian 3,703,542 - - - - 3,703,542 Agriculture
Jasa usaha 4,081,132 - - - - 4,081,132 Business services
Konstruksi 998 - - - - 998 Construction
Pengangkutan, pergudangan, Transportation, warehousing,
dan komunikasi 1,796,124 - - - - 1,796,124 and communication
Pertambangan 2,216,952 - - - - 2,216,952 Mining
Listrik, gas, dan air 735,652 - - - - 735,652 Electricity, gas, and water
Konsumsi 106,627 - - - - 106,627 Consumer
Sub jumlah 25,998,943 3,160,449 - - 133,657 29,293,049 Sub Total
Jumlah 191,751,025 10,088,222 454,824 715,645 2,906,834 205,916,550 Total
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (11,905,707) impairment losses
Jumlah - bersih 194,010,843 Total - net
Rasio kredit bermasalah (“NPL”) dihitung sesuai Non-performing loans (“NPL”) is determined based on
dengan pedoman perhitungan rasio keuangan financial ratio calculation guidance as stated in
sebagaimana tercantum dalam Surat Edaran Otoritas Financial Services Authority (“FSA”) circular letter
Jasa Keuangan No.09/SEOJK.03/2020 tanggal No.09/SEOJK.03/2020 dated 30 June 2020
concerning "Transparency and Publication of
30 Juni 2020 perihal "Transparansi dan Publikasi Conventional Commercial Bank Reports".
Laporan Bank Umum Konvensional”.
Pada tanggal 31 Desember 2025, rasio NPL bruto dan As at 31 December 2025, the percentage on
neto konsolidasian (termasuk Ijarah) masing-masing consolidated basis of gross and net NPL (included
adalah sebesar 1,81% dan 0,72% (2024: 1,76% dan Ijarah) is 1.81% and 0.72%, respectively
0,69%; 2023: 1,96% dan 0,71%). Rasio NPL bruto (2024: 1.76% and 0.69%; 2023: 1.96% and 0.71%).
dihitung dengan membagi jumlah pinjaman dalam Gross NPL ratio is calculated by dividing total loans
klasifikasi kurang lancar, diragukan, dan macet that classified as sub-standard, doubtful, and loss with
dengan jumlah pinjaman, tidak termasuk kredit total loans, excludes loans to other banks.
kepada bank lain.
Halaman – 5/280 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 930
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
61. INFORMASI TAMBAHAN YANG TIDAK 61. ADDITIONAL INFORMATION THAT IS NOT REQUIRED
DIPERSYARATKAN OLEH STANDAR AKUNTANSI BY FINANCIAL ACCOUNTING STANDARDS
KEUANGAN (lanjutan) (continued)
Informasi tambahan berikut yang disajikan dibawah ini The following additional information presented below is
merupakan informasi yang disyaratkan oleh regulasi yang information required by applicable regulations and is not
berlaku dan bukan/tidak merupakan informasi yang information required by Financial Accounting Standards:
dipersyaratkan oleh Standar Akuntansi Keuangan: (continued)
(lanjutan)
g. Kredit yang diberikan (lanjutan) g. Loans (continued)
Rasio NPL neto dihitung dengan mengurangi jumlah Net NPL ratio is calculated by deducting total loans
pinjaman dalam klasifikasi kurang lancar, diragukan, that classified as sub-standard, doubtful, and loss with
dan macet dengan jumlah cadangan kerugian total allowance of impairment loans and divided by
penurunan nilai dan dibagi dengan jumlah pinjaman, total loans, excludes loans to bank. Gross and net NPL
tidak termasuk kredit kepada bank lain. Rasio NPL ratio is disclosed as consolidated including the
bruto dan neto disajikan secara konsolidasi termasuk consumer financing receivables.
piutang pembiayaan konsumen.
Kredit yang direstrukturisasi Restructured loans
Selama tahun yang berakhir 31 Desember 2025, For the year ended 31 Desember 2025, 2024 and
2024, dan 2023, jumlah tambahan kredit yang 2023, total addition of restructured loans based on
direstrukturisasi berdasarkan kolektibilitas adalah: collectability were as follows:
2025
Dalam
Perhatian Kurang
Khusus/ Lancar/
Lancar/ Special Sub- Diragukan/ Macet/ Jumlah/
Pass Mention Standard Doubtful Loss Total
Modal Kerja 132,211 1,044,213 - - - 1,176,424 Working capital
Konsumsi 42,029 51,422 18,291 18,670 18,711 149,123 Consumer
174,240 1,095,635 18,291 18,670 18,711 1,325,547
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (1,227,971) impairment losses
97,576
2024
Dalam
Perhatian Kurang
Khusus/ Lancar/
Lancar/ Special Sub- Diragukan/ Macet/ Jumlah/
Pass Mention Standard Doubtful Loss Total
Modal Kerja 6,068 4,870 - 36,226 8,210 55,374 Working capital
Investasi 21,136 14,090 - - 327,958 363,184 Investment
Konsumsi 10,520 85,839 32,411 12,085 56,727 197,582 Consumer
37,724 104,799 32,411 48,311 392,895 616,140
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (401,374) impairment losses
214,766
2023
Dalam
Perhatian Kurang
Khusus/ Lancar/
Lancar/ Special Sub- Diragukan/ Macet/ Jumlah/
Pass Mention Standard Doubtful Loss Total
Modal Kerja 54,203 - - 10,483 407,050 471,736 Working capital
Investasi 9,427 213,517 - - 37,885 260,829 Investment
Konsumsi 40,131 77,847 11,800 11,906 1,414 143,098 Consumer
103,761 291,364 11,800 22,389 446,349 875,663
Dikurangi: Cadangan kerugian Less: Allowance for
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (769,646) impairment losses
106,017
Halaman – 5/281 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 931
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
61. INFORMASI TAMBAHAN YANG TIDAK 61. ADDITIONAL INFORMATION THAT IS NOT REQUIRED
DIPERSYARATKAN OLEH STANDAR AKUNTANSI BY FINANCIAL ACCOUNTING STANDARDS
KEUANGAN (lanjutan) (continued)
Informasi tambahan berikut yang disajikan dibawah ini The following additional information presented below is
merupakan informasi yang disyaratkan oleh regulasi yang information required by applicable regulations and is not
berlaku dan bukan/tidak merupakan informasi yang information required by Financial Accounting Standards:
dipersyaratkan oleh Standar Akuntansi Keuangan: (continued)
(lanjutan)
g. Kredit yang diberikan (lanjutan) g. Loans (continued)
Kredit yang direstrukturisasi (lanjutan) Restructured loans (continued)
Kredit yang direstrukturisasi meliputi antara lain Restructured loans include loans principal and interest
penjadwalan ulang pembayaran pokok kredit dan rescheduling, overdue interest exemption and
bunga, pembebasan tunggakan bunga dan additional of loan facilities.
penambahan fasilitas kredit.
Tidak ada kredit yang direstrukturisasi yang termasuk There were no restructured loans to related parties.
dalam kredit yang diberikan kepada pihak berelasi.
Jumlah kredit yang diberikan yang telah The amount of loans that have been restructured as a
direstrukturisasi akibat dari pandemi COVID-19 Pada result of the COVID-19 pandemic as at
tanggal 31 Desember 2025 adalah sebesar 31 December 2025 was Rp 4,454,416 (2024:
Rp 4.454.416 (2024: Rp 6.697.665; 2023: Rp 6,697,665; 2023: Rp 10,737,056).
Rp 10.737.056).
Kredit Usaha Kecil, Mikro, dan Menengah (UMKM) Micro, Small, and Medium Enterprises (MSME)
Loans
Jumlah kredit UMKM pada tanggal As at 31 December 2025, the outstanding balance of
31 Desember 2025 adalah sebesar Rp 24.182.384 MSME loans is Rp 24,182,384 (2024:
(2024: Rp 26.980.870; 2023: Rp 22.753.513). Rp 26,980,870; 2023: Rp 22,753,513). As at 31
Rasio kredit UMKM terhadap jumlah kredit yang December 2025, ratio of MSME loans to total
diberikan konsolidasian Pada tanggal 31 Desember consolidated loan is 10.61% (2024: 12.38%; 2023:
2025 sebesar 10,61% (2024: 12,38%; 2023: 11.05%). These ratios are calculated according to
11,05%;), dimana rasio ini dihitung berdasarkan Bank Indonesia Regulation No. 23/13/PBI/2021 which
ketentuan Peraturan Bank Indonesia No. has been amended with PBI No. 24/3/PBI/2022
23/13/PBI/2021 yang telah direvisi melalui PBI No. concerning Macroprudential Inclusive Financing Ratio
24/3/PBI/2022 tentang Rasio Pembiayaan Inklusif for Conventional Commercial Banks, Sharia
Makroprudensial bagi Bank Umum Konvensional, Commercial Banks, and Sharia Business Units.
Bank Umum Syariah, dan Unit Usaha Syariah.
Pada tanggal 26 Desember 2018, OJK mengeluarkan On 26 December 2018, OJK issued regulation
ketentuan No.32/POJK.03/2018 tentang “Batas No. 32/POJK.03/2018 regarding “Legal Lending Limit
Maksimum Pemberian Kredit dan Penyediaan Dana (“LLL”) and Large Exposure for Commercial Bank”
Besar bagi Bank Umum” (‘BMPK”) yang berlaku which effective since 1 June 2019 which has been
efektif sejak 1 Juni 2019 yang telah diperbaharui updated with OJK regulation No. 38/POJK.03/2019
dengan POJK No. 38/POJK.03/2019 yang berlaku which effective since 1 January 2020. This regulation
mulai tanggal 1 Januari 2020. Peraturan tersebut requires the maximum lending limit to one and/or
menetapkan batas maksimum penyediaan dana group of non-related party debtor which not exceed to
kepada satu peminjam dan/atau kelompok peminjam 25% of the Bank’s core capital. As at
yang bukan merupakan pihak berelasi tidak melebihi 31 December 2025, 2024, and 2023, there was no
25% dari modal inti Bank. Pada tanggal breach and violation of the LLL requirements for both
31 Desember 2025, 2024, dan 2023, tidak terdapat related parties and third parties.
pelampauan dan pelanggaran atas BMPK baik
kepada pihak berelasi dan pihak ketiga.
Halaman – 5/282 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 932
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
61. INFORMASI TAMBAHAN YANG TIDAK 61. ADDITIONAL INFORMATION THAT IS NOT REQUIRED
DIPERSYARATKAN OLEH STANDAR AKUNTANSI BY FINANCIAL ACCOUNTING STANDARDS
KEUANGAN (lanjutan) (continued)
Informasi tambahan berikut yang disajikan dibawah ini The following additional information presented below is
merupakan informasi yang disyaratkan oleh regulasi yang information required by applicable regulations and is not
berlaku dan bukan/tidak merupakan informasi yang information required by Financial Accounting Standards:
dipersyaratkan oleh Standar Akuntansi Keuangan: (continued)
(lanjutan)
h. Piutang pembiayaan konsumen h. Consumer financing receivables
Berikut piutang pembiayaan konsumen – bersih Below are the net consumer financing receivables
berdasarkan kolektibilitas: based on the collectability:
2025 2024 2023
Lancar 9,101,441 9,099,977 6,827,656 Pass
Dalam Perhatian Khusus 1,011,064 854,212 545,417 Special Mention
Kurang Lancar 80,649 36,465 27,986 Sub-Standard
Diragukan 117,688 62,122 44,844 Doubtful
Macet - 283 7,417 Loss
10,310,842 10,053,059 7,453,320
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (329,830) (202,274) (141,776) impairment losses
Jumlah 9,981,012 9,850,785 7,311,544 Total
i. Tagihan dan liabilitas akseptasi i. Acceptance receivables and payables
Berdasarkan kolektibilitas By collectability
2025 2024 2023
Tagihan akseptasi Acceptance receivables
Lancar 1,936,438 2,761,800 1,102,091 Pass
Dalam perhatian khusus 612 - - Special mention
1,937,050 2,761,800 1,102,091
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (1,592) (9,833) (8,638) impairment losses
1,935,458 2,751,967 1,093,453
Halaman – 5/283 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 933
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
61. INFORMASI TAMBAHAN YANG TIDAK 61. ADDITIONAL INFORMATION THAT IS NOT REQUIRED
DIPERSYARATKAN OLEH STANDAR AKUNTANSI BY FINANCIAL ACCOUNTING STANDARDS
KEUANGAN (lanjutan) (continued)
Informasi tambahan berikut yang disajikan dibawah ini The following additional information presented below is
merupakan informasi yang disyaratkan oleh regulasi yang information required by applicable regulations and is not
berlaku dan bukan/tidak merupakan informasi yang information required by Financial Accounting Standards:
dipersyaratkan oleh Standar Akuntansi Keuangan: (continued)
(lanjutan)
j. Simpanan dari nasabah j. Deposits from customers
Berdasarkan Undang-Undang No. 24 tentang Lembaga Based on Law No. 24 concerning the Indonesia
Penjaminan Simpanan (”LPS”) tanggal 22 September Deposit Insurance Agency (“LPS”) dated
2004, efektif sejak tanggal 22 September 2005, 22 September 2004, effective on 22 September 2005,
sebagaimana diubah dengan Undang-Undang which was amended by Law Number 4 Year 2023
No. 4 Tahun 2023 tanggal 12 Januari 2023 tentang dated 12 January 2023 on Financial Sector
Pengembangan dan Penguatan Sektor Keuangan, dan Development and Strengthening, and Regulation of
Peraturan Lembaga Penjamin Simpanan (”PLPS”) Saving Guaranty Institution No. 1 Year 2023, LPS was
No. 1 Tahun 2023, LPS dibentuk untuk menjamin formed to guarantee certain liabilities of commercial
liabilitas tertentu bank-bank umum berdasarkan banks under the applicable guarantee program, which
program penjaminan yang berlaku, yang besaran nilai the amount of guarantee can be adjusted if meet
jaminannya dapat berubah jika memenuhi kriteria certain criteria.
tertentu yang berlaku.
Selama tahun yang berakhir 31 Desember 2025, suku During the year ended 31 December 2025, the
bunga penjaminan LPS telah mengalami beberapa kali guarantee interest rate of LPS has undergone several
perubahan melalui Surat Edaran LPS, dimana terakhir changes through the LPS Circular Letter, where the
diatur melalui Surat Edaran Nomor latest changes was regulated by Circular Letter
PENG-7/DSPS/2025 tentang Penetapan Tingkat Bunga Number PENG-7/DSPS/2025 concerning
Penjaminan untuk Simpanan Di Bank Umum tertanggal Determination of Guarantee Interest Rates for
22 September 2025 dimana tingkat bunga penjaminan Deposits at Commercial Banks dated
untuk simpanan dalam Rupiah sebesar 3,50% dan 22 September 2025 where the guaranteed interest
untuk simpanan dalam valuta asing sebesar 2,00%. rate for deposits in Rupiah are 3.50% and for deposits
in foreign currencies are 2.00%.
Selama tahun yang berakhir 31 Desember 2024, suku During the year ended 31 December 2024, the
bunga penjaminan LPS telah mengalami beberapa kali guarantee interest rate of LPS has undergone several
perubahan melalui Surat Edaran LPS, dimana terakhir changes through the LPS Circular Letter, where the
diatur melalui Surat Edaran Nomor latest changes was regulated by Circular Letter
PENG-5/DSPS/2024 tentang Penetapan Tingkat Bunga Number PENG-5/DSPS/2024 concerning
Penjaminan untuk Simpanan Di Bank Umum tertanggal Determination of Guarantee Interest Rates for
30 September 2024 dimana tingkat bunga penjaminan Deposits at Commercial Banks dated
untuk simpanan dalam Rupiah sebesar 4,25% dan 30 September 2024 where the guaranteed interest
untuk simpanan dalam valuta asing sebesar 2,25%. rate for deposits in Rupiah are 4.25% and for deposits
in foreign currencies are 2.25%.
Selama tahun yang berakhir 31 Desember 2023, suku During the year ended 31 December 2023, the
bunga penjaminan LPS telah mengalami beberapa kali guarantee interest rate of LPS has undergone several
perubahan melalui Surat Edaran LPS, imana terakhir changes through the LPS Circular Letter, where the
diatur melalui Surat Edaran Nomor latest changes was regulated by Circular Letter
PENG-11/DSPS/2023 tentang Penetapan Tingkat Number PENG-11/DSPS/2023 concerning
Bunga Penjaminan Untuk Simpanan Di Bank Umum Determination of Guarantee Interest Rates for
tertanggal 26 September 2023 dimana tingkat bunga Deposits at Commercial Banks dated 26 September
penjaminan untuk simpanan dalam Rupiah sebesar 2023 where the guaranteed interest rate for deposits
4,25% dan untuk simpanan dalam valuta asing sebesar in Rupiah are 4.25% and for deposits in foreign
2,25%. currencies are 2.25%.
Halaman – 5/284 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 934
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
61. INFORMASI TAMBAHAN YANG TIDAK 61. ADDITIONAL INFORMATION THAT IS NOT REQUIRED
DIPERSYARATKAN OLEH STANDAR AKUNTANSI BY FINANCIAL ACCOUNTING STANDARDS
KEUANGAN (lanjutan) (continued)
Informasi tambahan berikut yang disajikan dibawah ini The following additional information presented below is
merupakan informasi yang disyaratkan oleh regulasi yang information required by applicable regulations and is not
berlaku dan bukan/tidak merupakan informasi yang information required by Financial Accounting Standards:
dipersyaratkan oleh Standar Akuntansi Keuangan: (continued)
(lanjutan)
k. Komitmen dan kontinjensi - bersih k. Commitments and contingencies - net
Rincian liabilitas komitmen dan kontinjensi untuk The details of commitments and contingent liabilities
fasilitas penyediaan dana yang belum digunakan, for unutilised portion of fund facilities, outstanding
irrevocable letters of credit yang masih berjalan, dan irrevocable letters of credit, and guarantees issued
garansi yang diterbitkan berdasarkan kolektibilitas based on collectability and currency were as follows:
dan mata uang adalah:
2025
Dalam
perhatian
khusus/ Kurang
Lancar/ Special lancar/ Diragukan/ Macet/ Jumlah/
Pass mention Substandard Doubtful Loss Total
Rupiah Rupiah
Fasilitas penyediaan dana Unutilised portion
yang belum digunakan 80,366,093 146,810 27,624 22,689 229,603 80,792,819 of fund facilities
Irrevocable letters of credit yang Outstanding
masih berjalan 607,216 - - - - 607,216 irrevocable letters of credit
Garansi yang diterbitkan 5,176,799 - - 40 - 5,176,839 Guarantees issued
Sub jumlah 86,150,108 146,810 27,624 22,729 229,603 86,576,874 Sub total
Mata uang asing Foreign currencies
Fasilitas penyediaan dana Unutilised portion
yang belum digunakan 24,621,160 71,156 - - - 24,692,316 of fund facilities
Irrevocable letters of credit yang Outstanding
masih berjalan 1,533,580 2,881 - - - 1,536,461 irrevocable letters of credit
Garansi yang diterbitkan 1,505,802 - - - - 1,505,802 Guarantees issued
Sub jumlah 27,660,542 74,037 - - - 27,734,579 Sub total
113,810,650 220,847 27,624 22,729 229,603 114,311,453
Dikurangi: Estimasi kerugian penurunan nilai Less: Estimated impairment losses on
atas komitmen dan kontinjensi (120,229) commitments and contingencies
114,191,224
2024
Dalam
perhatian
khusus/ Kurang
Lancar/ Special lancar/ Diragukan/ Macet/ Jumlah/
Pass mention Substandard Doubtful Loss Total
Rupiah Rupiah
Fasilitas penyediaan dana Unutilised portion
yang belum digunakan 82,299,153 201,423 34,155 24,295 104,812 82,663,838 of fund facilities
Irrevocable letters of credit yang Outstanding
masih berjalan 569,519 - - - - 569,519 irrevocable letters of credit
Garansi yang diterbitkan 4,492,728 - - 100 - 4,492,828 Guarantees issued
Sub jumlah 87,361,400 201,423 34,155 24,395 104,812 87,726,185 Sub total
Mata uang asing Foreign currencies
Fasilitas penyediaan dana Unutilised portion
yang belum digunakan 22,020,749 131 - - - 22,020,880 of fund facilities
Irrevocable letters of credit yang Outstanding
masih berjalan 1,286,395 - - - - 1,286,395 irrevocable letters of credit
Garansi yang diterbitkan 1,395,263 - - - - 1,395,263 Guarantees issued
Sub jumlah 24,702,407 131 - - - 24,702,538 Sub total
112,063,807 201,554 34,155 24,395 104,812 112,428,723
Dikurangi: Estimasi kerugian penurunan nilai Less: Estimated impairment losses on
atas komitmen dan kontinjensi (181,050) commitments and contingencies
112,247,673
Halaman – 5/285 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 935
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
61. INFORMASI TAMBAHAN YANG TIDAK 61. ADDITIONAL INFORMATION THAT IS NOT REQUIRED
DIPERSYARATKAN OLEH STANDAR AKUNTANSI BY FINANCIAL ACCOUNTING STANDARDS
KEUANGAN (lanjutan) (continued)
Informasi tambahan berikut yang disajikan dibawah ini The following additional information presented below is
merupakan informasi yang disyaratkan oleh regulasi yang information required by applicable regulations and is not
berlaku dan bukan/tidak merupakan informasi yang information required by Financial Accounting Standards:
dipersyaratkan oleh Standar Akuntansi Keuangan: (continued)
(lanjutan)
k. Komitmen dan kontinjensi - bersih (lanjutan) k. Commitments and contingencies - net (continued)
Rincian liabilitas komitmen dan kontinjensi untuk The details of commitments and contingent liabilities
fasilitas penyediaan dana yang belum digunakan, for unutilised portion of fund facilities, outstanding
irrevocable letters of credit yang masih berjalan, dan irrevocable letters of credit, and guarantees issued
garansi yang diterbitkan berdasarkan kolektibilitas based on collectability and currency were as follows:
dan mata uang adalah: (lanjutan) (continued)
2023
Dalam
perhatian
khusus/ Kurang
Lancar/ Special lancar/ Diragukan/ Macet/ Jumlah/
Pass mention Substandard Doubtful Loss Total
Rupiah Rupiah
Fasilitas penyediaan dana Unutilised portion
yang belum digunakan 75,338,026 373,817 15,991 24,890 12,345 75,765,069 of fund facilities
Irrevocable letters of credit yang Outstanding
masih berjalan 386,696 - - - - 386,696 irrevocable letters of credit
Garansi yang diterbitkan 3,948,041 12,487 - - - 3,960,528 Guarantees issued
Sub jumlah 79,672,763 386,304 15,991 24,890 12,345 80,112,293 Sub total
Mata uang asing Foreign currencies
Fasilitas penyediaan dana Unutilised portion
yang belum digunakan 21,475,677 11,595 - - - 21,487,272 of fund facilities
Irrevocable letters of credit yang Outstanding
masih berjalan 1,238,746 - - - - 1,238,746 irrevocable letters of credit
Garansi yang diterbitkan 1,403,620 - - - - 1,403,620 Guarantees issued
Sub jumlah 24,118,043 11,595 - - - 24,129,638 Sub total
103,790,806 397,899 15,991 24,890 12,345 104,241,931
Dikurangi: Estimasi kerugian penurunan nilai Less: Estimated impairment losses on
atas komitmen dan kontinjensi (387,368) commitments and contingencies
103,854,563
l. Pendapatan bunga yang masih akan diterima l. Accrued interest income
Piutang bunga dari kredit yang diberikan merupakan Interest receivables from loans which are classified
kolektibilitas lancar pada tanggal 31 Desember 2025 as pass at 31 December 2025 are Rp 833,953
adalah Rp 885.366 (2024: Rp 964.210; 2023: (2024: Rp 964,210; 2023: Rp 1,044,663) and as
Rp 1.044.663) dan kolektibilitas dalam perhatian special mention at 31 December 2025 are Rp 977,372
khusus pada tanggal 31 Desember 2025 adalah (2024: Rp 828,081; 2023: Rp 992,498). Interest
Rp 977.372 (2024: Rp 828.081; 2023: Rp 992.498). receivables from placements with other banks and
Piutang bunga dari penempatan pada bank lain dan Bank Indonesia, marketable securities, Government
Bank Indonesia, efek-efek, Obligasi Pemerintah, dan Bonds, and securities purchased under resale
efek-efek yang dibeli dengan janji dijual kembali agreements are classified as pass at
merupakan kolektibilitas lancar pada tanggal 31 December 2025 are Rp 1,241,295 (2024:
31 Desember 2025 adalah Rp 1.241.295 Rp 1,235,420; 2023: Rp 1,377,036).
(2024: Rp 1.235.420; 2023: Rp 1.377.036).
Halaman – 5/286 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 936
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
61. INFORMASI TAMBAHAN YANG TIDAK 61. ADDITIONAL INFORMATION THAT IS NOT REQUIRED
DIPERSYARATKAN OLEH STANDAR AKUNTANSI BY FINANCIAL ACCOUNTING STANDARDS
KEUANGAN (lanjutan) (continued)
Informasi tambahan berikut yang disajikan dibawah ini The following additional information presented below is
merupakan informasi yang disyaratkan oleh regulasi yang information required by applicable regulations and is not
berlaku dan bukan/tidak merupakan informasi yang information required by Financial Accounting Standards:
dipersyaratkan oleh Standar Akuntansi Keuangan: (continued)
(lanjutan)
m. Manajemen risiko m. Risk management
Bank CIMB Niaga telah mengimplementasikan Bank CIMB Niaga has implemented Risk Management
prosedur Manajemen Risiko sesuai dengan POJK procedure in accordance with OJK regulation
No.18/POJK.03/2016 tentang Penerapan Manajemen No.18/POJK.03/2016 concerning Application of Risk
Risiko bagi Bank Umum dan Surat Edaran OJK Management for Commercial Banks and OJK Circular
No.34/SEOJK.03/2016 tentang Penerapan Letter No.34/SEOJK.03/2016 concerning Application
Manajemen Risiko bagi Bank Umum tanggal of Risk Management for Commercial Banks dated
1 September 2016, serta POJK No.38/POJK.03/2017 1 September 2016, also OJK regulation
tanggal 12 Juli 2017 dan SEOJK No.38/POJK.03/2017 dated 12 July 2017 and SEOJK
No.43/SEOJK.03/2017 tentang Penerapan No.43/SEOJK.03/2017 regarding Implementation of
Manajemen Risiko Secara Konsolidasi Bagi Bank Consolidated Risk Management for Bank Performing
yang Melakukan Pengendalian Terhadap Perusahaan Control on Subsidiary Companies (unaudited).
Anak (tidak diaudit).
Menurut surat edaran tersebut, penerapan As stipulated in the decrees, processes for application
manajemen risiko harus dilakukan tidak hanya pada of risk management shall be implemented not only for
risiko kredit, risiko pasar maupun risiko operasional, credit risk, market risk and operational risk, but also for
namun juga untuk risiko likuiditas, risiko hukum, risiko liquidity risk, legal risk, reputation risk, strategic risk,
reputasi, risiko strategis, dan risiko kepatuhan. and compliance risk.
Profil risiko Risk profile
Penilaian risiko ditekankan kepada jenis-jenis risiko Risk assessment is emphasised on types of risks as
sebagaimana yang ditetapkan oleh OJK, yaitu risiko determined by OJK such as credit risk, liquidity risk,
kredit, risiko likuiditas, risiko pasar, risiko operasional, market risk, operational risk, legal risk, compliance
risiko hukum, risiko kepatuhan, risiko reputasi, dan risk, reputation risk, and strategic risk. To obtain the
risiko strategis. Untuk mendapatkan profil risiko overall risk profiles from all types of risks, Bank CIMB
secara keseluruhan dari semua jenis risiko, Bank Niaga assigns risk weight for each type of risk in
CIMB Niaga memberikan bobot risiko untuk setiap accordance with pre-determined risk appetite. Based
jenis risiko sesuai dengan risk appetite yang telah on Bank CIMB Niaga’s report to OJK, Bank CIMB
direncanakan/ditetapkan sebelumnya. Berdasarkan Niaga’s overall risk profile As at 31 December 2025 is
laporan yang diserahkan ke OJK, profil risiko Bank Low – Moderate (2) (unaudited).
CIMB Niaga secara keseluruhan pada tanggal
31 Desember 2025 dapat dikategorikan
Rendah – Moderat (2) (tidak diaudit).
Halaman – 5/287 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 937
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
61. INFORMASI TAMBAHAN YANG TIDAK 61. ADDITIONAL INFORMATION THAT IS NOT REQUIRED
DIPERSYARATKAN OLEH STANDAR AKUNTANSI BY FINANCIAL ACCOUNTING STANDARDS
KEUANGAN (lanjutan) (continued)
Informasi tambahan berikut yang disajikan dibawah ini The following additional information presented below is
merupakan informasi yang disyaratkan oleh regulasi yang information required by applicable regulations and is not
berlaku dan bukan/tidak merupakan informasi yang information required by Financial Accounting Standards:
dipersyaratkan oleh Standar Akuntansi Keuangan: (continued)
(lanjutan)
n. Risiko kredit n. Credit risk
- Kualitas kredit dari aset keuangan - Credit quality of financial assets
Pada tanggal 31 Desember 2025, 2024, dan 2023, Credit quality of loans that are “neither past due
rincian kualitas kredit yang diberikan yang “belum nor impaired” as at 31 December 2025, 2024, and
jatuh tempo dan tidak mengalami penurunan nilai” 2023, can be assessed by reference to the
berdasarkan kolektibilitas sebagai berikut: collectability is as follows:
2025
Dalam
Lancar/ perhatian khusus/ Jumlah/
Pass Special mention Total
Modal kerja 108,906,641 639,107 109,545,748 Working capital
Investasi 43,565,738 65,579 43,631,317 Investment
Konsumsi 61,008,235 3,616,372 64,624,607 Consumer
213,480,614 4,321,058 217,801,672
2024
Dalam
Lancar/ perhatian khusus/ Jumlah/
Pass Special mention Total
Modal kerja 90,854,405 731,759 91,586,164 Working capital
Investasi 51,757,604 87,195 51,844,799 Investment
Konsumsi 58,753,067 3,689,150 62,442,217 Consumer
201,365,076 4,508,104 205,873,180
2023
Dalam
Lancar/ perhatian khusus/ Jumlah/
Pass Special mention Total
Modal kerja 83,143,874 903,338 84,047,212 Working capital
Investasi 46,324,538 172,875 46,497,413 Investment
Konsumsi 57,950,894 3,834,364 61,785,258 Consumer
187,419,306 4,910,577 192,329,883
Halaman – 5/288 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 938
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
61. INFORMASI TAMBAHAN YANG TIDAK 61. ADDITIONAL INFORMATION THAT IS NOT REQUIRED
DIPERSYARATKAN OLEH STANDAR AKUNTANSI BY FINANCIAL ACCOUNTING STANDARDS
KEUANGAN (lanjutan) (continued)
Informasi tambahan berikut yang disajikan dibawah ini The following additional information presented below is
merupakan informasi yang disyaratkan oleh regulasi yang information required by applicable regulations and is not
berlaku dan bukan/tidak merupakan informasi yang information required by Financial Accounting Standards:
dipersyaratkan oleh Standar Akuntansi Keuangan: (continued)
(lanjutan)
n. Risiko kredit (lanjutan) n. Credit risk (continued)
Penjelasan pembagian kualitas kredit yang Details for credit quality of loans that are “neither
diberikan yang “belum jatuh tempo atau tidak past due nor impaired” were as follows:
mengalami penurunan nilai” adalah:
- Lancar - Pass
Aset seluruhnya hampir dapat dipastikan akan There is a high likelihood of the assets being
diterima kembali sehingga tidak terdapat recovered in full and therefore no cause for
pertimbangan yang menjadi perhatian Bank concern to Bank CIMB Niaga; and
CIMB Niaga; dan
- Dalam perhatian khusus - Special mention
Ada pertimbangan terkait dengan kemampuan There is concern over the counterparty’s ability
nasabah dalam melakukan pembayaran pada to make payments when due. However, these
saat jatuh tempo. Namun, dalam hal ini belum have not yet converted to actual delinquency
terdapat keterlambatan secara aktual dimana and the counterparty is continuing to make
pembayaran masih dilakukan pada saat jatuh payments when due and is expected to settle
tempo dan diharapkan dapat menyelesaikan all outstanding amount of principals and
seluruh pokok dan bunga. interests.
o. Risiko mata uang o. Currency risk
Risiko mata uang asing timbul dari adanya posisi Foreign currency risks arise from the consolidated
laporan keuangan konsolidasian dan komitmen dan statement of financial position and commitments and
kontinjensi (off-balance sheet) baik di sisi aset contingencies (off-balance sheet) both on the assets
maupun liabilitas. Posisi mata uang asing Bank CIMB and liabilities. Bank CIMB Niaga’s foreign currency
Niaga dapat dikelompokkan dalam dua aktivitas yaitu: position is divided into two activities: the trading book,
trading book, yang dilakukan dalam rangka perolehan which is managed to generate foreign exchange gains,
keuntungan transaksi mata uang asing, dan banking and the banking book, which is managed to control
book, yang dilakukan dalam rangka mengendalikan Bank CIMB Niaga’s overall Net Open Position.
Posisi Devisa Neto Bank CIMB Niaga secara
keseluruhan.
Maksimum Posisi Devisa Neto yang harus dijaga oleh The maximum Net Open Position to be maintained by
bank-bank di Indonesia adalah 20% dari modal. Indonesian banks is 20% of capital. In relation to this,
Sehubungan dengan hal ini, Bank CIMB Niaga Bank CIMB Niaga has internal policy to manage its Net
memiliki kebijakan internal untuk mengelola Posisi Open Position. In addition to nominal approach (Net
Devisa Neto-nya. Selain menggunakan pendekatan Open Position), the market risk measurement on
currency risk exposure also use more sensitive
nominal (Posisi Devisa Neto), pengukuran terhadap
measurement method, which is “Value at Risk”
eksposur risiko mata uang dilakukan juga dengan (“VaR”). As part of Market Risk Management Process,
menggunakan metode pengukuran risiko pasar yang market risk limits on trading book are monitored and
lebih risk sensitive, yaitu menggunakan “Value at reported to management on daily basis.
Risk” (“VaR”). Sebagai bagian dari Market Risk
Management Process, secara harian limit risiko pasar
pada trading book dipantau dan dilaporkan kepada
manajemen.
Halaman – 5/289 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 939
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
61. INFORMASI TAMBAHAN YANG TIDAK 61. ADDITIONAL INFORMATION THAT IS NOT REQUIRED
DIPERSYARATKAN OLEH STANDAR AKUNTANSI BY FINANCIAL ACCOUNTING STANDARDS
KEUANGAN (lanjutan) (continued)
Informasi tambahan berikut yang disajikan dibawah ini The following additional information presented below is
merupakan informasi yang disyaratkan oleh regulasi yang information required by applicable regulations and is not
berlaku dan bukan/tidak merupakan informasi yang information required by Financial Accounting Standards:
dipersyaratkan oleh Standar Akuntansi Keuangan: (continued)
(lanjutan)
o. Risiko mata uang (lanjutan) o. Currency risk (continued)
Posisi Devisa Neto Net Open Position
Berikut adalah Posisi Devisa Neto Bank CIMB Niaga Below is the Net Open Position of Bank CIMB Niaga
dan Entitas Anak, dalam nilai absolut pada tanggal and Subsidiaries, in absolute amounts, as at
31 Desember 2025, 2024, dan 2023, dalam mata uang 31 December 2025, 2024, and 2023, in currency
(ekuivalen Rupiah). Nilai ini adalah yang dilaporkan (Rupiah equivalent). These amounts are reported to
kepada Bank Indonesia pada tanggal laporan posisi Bank Indonesia on the consolidated statement of
keuangan konsolidasian sebagai bagian dari laporan financial position’s date as part of daily reporting.
harian.
2025
Aset dan (Komitmen) dan Jumlah
(liabilitas)/ kontinjensi/ absolut/
Assets and (Commitments) and Absolute
(liabilities) contingencies amount
Dolar Amerika Serikat 12,493,483 (12,754,944) 261,461 United States Dollar
Dolar Singapura (3,922,741) 3,843,100 79,641 Singapore Dollar
Yen Jepang (4,932,166) 4,806,966 125,200 Japanese Yen
Euro (549,142) 545,451 3,691 Euro
Dolar Selandia Baru 4,110 (10,189) 6,079 New Zealand Dollar
Dolar Hong Kong 7,653 - 7,653 Hong Kong Dollar
Dolar Australia (216,602) 203,873 12,729 Australian Dollar
Pound Sterling (77,091) 92,266 15,175 Pound Sterling
Ringgit Malaysia (69,050) 75,412 6,362 Malaysian Ringgit
Dolar Kanada 478 - 478 Canadian Dollar
Lainnya 49,020 (24,765) 24,255 Others
542,724
Halaman – 5/290 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 940
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
61. INFORMASI TAMBAHAN YANG TIDAK 61. ADDITIONAL INFORMATION THAT IS NOT REQUIRED
DIPERSYARATKAN OLEH STANDAR AKUNTANSI BY FINANCIAL ACCOUNTING STANDARDS
KEUANGAN (lanjutan) (continued)
Informasi tambahan berikut yang disajikan dibawah ini The following additional information presented below is
merupakan informasi yang disyaratkan oleh regulasi yang information required by applicable regulations and is not
berlaku dan bukan/tidak merupakan informasi yang information required by Financial Accounting Standards:
dipersyaratkan oleh Standar Akuntansi Keuangan: (continued)
(lanjutan)
o. Risiko mata uang (lanjutan) o. Currency risk (continued)
Posisi Devisa Neto (lanjutan) Net Open Position (continued)
Berikut adalah Posisi Devisa Neto Bank CIMB Niaga Below is the Net Open Position of Bank CIMB Niaga
dan Entitas Anak, dalam nilai absolut pada tanggal and Subsidiaries, in absolute amounts, as at
31 Desember 2025, 2024, dan 2023, dalam mata uang 31 December 2025, 2024, and 2023, in currency
(ekuivalen Rupiah). Nilai ini adalah yang dilaporkan (Rupiah equivalent). These amounts are reported to
kepada Bank Indonesia pada tanggal laporan posisi Bank Indonesia on the consolidated statement of
keuangan konsolidasian sebagai bagian dari laporan financial position’s date as part of daily reporting.
harian. (lanjutan) (continued)
2024
Aset dan (Komitmen) dan Jumlah
(liabilitas)/ kontinjensi/ absolut/
Assets and (Commitments) and Absolute
(liabilities) contingencies amount
Dolar Amerika Serikat 7,776,444 (8,533,276) 756,832 United States Dollar
Yen Jepang (4,410,859) 4,244,779 166,080 Japanese Yen
Dolar Singapura (2,278,255) 2,231,520 46,735 Singapore Dollar
Dolar Hong Kong 15,510 - 15,510 Hong Kong Dollar
Euro (470,309) 479,507 9,198 Euro
Dolar Kanada 20,580 (15,852) 4,728 Canadian Dollar
Dolar Australia (483,349) 479,672 3,677 Australian Dollar
Dolar Selandia Baru (2,654) 337 2,317 New Zealand Dollar
Ringgit Malaysia (913) - 913 Malaysian Ringgit
Pound Sterling (4,538) 4,047 491 Pound Sterling
Lainnya 45,402 - 45,402 Others
1,051,883
Halaman – 5/291 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 941
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
61. INFORMASI TAMBAHAN YANG TIDAK 61. ADDITIONAL INFORMATION THAT IS NOT REQUIRED
DIPERSYARATKAN OLEH STANDAR AKUNTANSI BY FINANCIAL ACCOUNTING STANDARDS
KEUANGAN (lanjutan) (continued)
Informasi tambahan berikut yang disajikan dibawah ini The following additional information presented below is
merupakan informasi yang disyaratkan oleh regulasi yang information required by applicable regulations and is not
berlaku dan bukan/tidak merupakan informasi yang information required by Financial Accounting Standards:
dipersyaratkan oleh Standar Akuntansi Keuangan: (continued)
(lanjutan)
o. Risiko mata uang (lanjutan) o. Currency risk (continued)
Posisi Devisa Neto (lanjutan) Net Open Position (continued)
Berikut adalah Posisi Devisa Neto Bank CIMB Niaga Below is the Net Open Position of Bank CIMB Niaga
dan Entitas Anak, dalam nilai absolut pada tanggal and Subsidiaries, in absolute amounts, as at
31 Desember 2025, 2024, dan 2023, dalam mata uang 31 December 2025, 2024, and 2023, in currency
(ekuivalen Rupiah). Nilai ini adalah yang dilaporkan (Rupiah equivalent). These amounts are reported to
kepada Bank Indonesia pada tanggal laporan posisi Bank Indonesia on the consolidated statement of
keuangan konsolidasian sebagai bagian dari laporan financial position’s date as part of daily reporting.
harian. (lanjutan) (continued)
2023
Aset dan (Komitmen) dan Jumlah
(liabilitas)/ kontinjensi/ absolut/
Assets and (Commitments) and Absolute
(liabilities) contingencies amount
Dolar Amerika Serikat 6,685,591 (5,541,543) 1,144,048 United States Dollar
Euro (246,702) 245,462 1,240 Euro
Dolar Selandia Baru 3,497 (1,634) 1,863 New Zealand Dollar
Yen Jepang (7,018,842) 7,161,231 142,389 Japanese Yen
Dolar Singapura (714,295) 717,184 2,889 Singapore Dollar
Dolar Hong Kong 13,444 1,848 15,292 Hong Kong Dollar
Ringgit Malaysia (3) - 3 Malaysian Ringgit
Pound Sterling 2,583 (482) 2,101 Pound Sterling
Dolar Australia (313,133) 314,632 1,499 Australian Dollar
Dolar Kanada 1,822 - 1,822 Canadian Dollar
Lainnya 82,637 (7,584) 75,053 Others
1,388,199
Sesuai dengan PBI No. 5/13/PBI/2003 tanggal In accordance with BI regulation No. 5/13/PBI/2003
17 Juli 2003 sebagaimana telah diubah terakhir dated 17 July 2003 as the latest amendment with
dengan PBI No. 17/5/PBI/2015 tanggal 29 Mei 2015, BI regulation No. 17/5/PBI/2015 dated 29 May 2015,
keseluruhan Posisi Devisa Neto Bank CIMB Niaga the overall Net Open Position of Bank CIMB Niaga and
dan Posisi Devisa Neto on balance sheet terhadap on balance sheet Net Open Position against capital as
modal di akhir hari kerja pada tanggal at the closing of business day as at
31 Desember 2025 masing-masing adalah 0,98% 31 December 2025 were 0.98% and 5.04%,
dan 5,04% (2024: 2,09% dan 0,41%; 2023: 3,05% dan respectively (2024: 2.09% and 0.41%; 2023: 3.05%
-3,30%). and -3.30%).
Halaman – 5/292 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 942
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
61. INFORMASI TAMBAHAN YANG TIDAK 61. ADDITIONAL INFORMATION THAT IS NOT REQUIRED
DIPERSYARATKAN OLEH STANDAR AKUNTANSI BY FINANCIAL ACCOUNTING STANDARDS
KEUANGAN (lanjutan) (continued)
Informasi tambahan berikut yang disajikan dibawah ini The following additional information presented below is
merupakan informasi yang disyaratkan oleh regulasi yang information required by applicable regulations and is not
berlaku dan bukan/tidak merupakan informasi yang information required by Financial Accounting Standards:
dipersyaratkan oleh Standar Akuntansi Keuangan: (continued)
(lanjutan)
p. Rasio Kewajiban Penyediaan Modal Minimum p. Capital Adequacy Ratio (“CAR”)
(“KPMM”)
Rasio Kewajiban Penyediaan Modal Minimum The Capital Adequacy Ratio (“CAR”) is the ratio of
(“KPMM”) adalah rasio modal Bank CIMB Niaga Bank CIMB Niaga’s capital over its Risk - Weighted
terhadap Aset Tertimbang Menurut Risiko (Risk- Assets (“RWA”). Based on Bank Indonesia
Weighted Assets (“RWA”)). Berdasarkan peraturan regulations, the total capital for credit risk consists of
Bank Indonesia, jumlah modal untuk risiko kredit core capital (“Tier 1”) and supplementary capital
terdiri dari modal inti (“Tier 1”) dan modal pelengkap (“Tier 2”) less investments in Subsidiaries.
(“Tier 2”) dikurangi penyertaan pada Entitas Anak.
Rasio KPMM (perusahaan induk) pada tanggal The CAR (parent company) as at 31 December 2025,
31 Desember 2025, 2024, dan 2023 adalah: 2024, and 2023 were as follows:
2025 2024 2023
Modal: Capital:
Modal inti (tier 1) 53,630,151 48,817,031 44,080,859 Core capital (tier 1)
Modal pelengkap (tier 2) 2,482,358 2,390,868 2,190,980 Supplementary capital (tier 2)
56,112,509 51,207,899 46,271,839
Dikurangi: Less:
Penyertaan pada Entitas Anak (778,716) (778,716) (778,716) Investments in Subsidiaries
Jumlah modal 55,333,793 50,429,183 45,493,123 Total capital
Aset Tertimbang Menurut Risiko Risk Weighted Assets
Dengan mempertimbangkan risiko With credit and operational
kredit dan operasional 209,452,743 205,349,807 186,741,664 risk charge
Dengan mempertimbangkan risiko With credit, operational, and
kredit, operasional, dan pasar 225,461,113 219,621,011 193,364,392 market risk charge
Rasio Kewajiban Penyediaan
Modal Minimum: Required Capital Adequacy Ratio:
Dengan mempertimbangkan risiko
kredit dan operasional 26.42% 24.56% 24.36% Including credit and operational risk
Dengan mempertimbangkan risiko Including credit, operational,
kredit, operasional, dan pasar 24.54% 22.96% 23.53% and market risk
Rasio Kewajiban Penyediaan Modal Minimum Required Capital Adequacy Ratio
Rasio CET 1 23.44% 21.87% 22.39% CET 1 Ratio
Rasio Tier 1 23.44% 21.87% 22.39% Tier 1 Ratio
Rasio Tier 2 1.10% 1.09% 1.13% Tier 2 Ratio
Capital Conservation Buffer 2.50% 2.50% 2.50% Capital Conservation Buffer
Countercyclical Buffer 0.00% 0.00% 0.00% Countercyclical Buffer
Capital Surcharge untuk D-SIB 1.00% 1.00% 1.00% Capital Surcharge for D-SIB
Rasio Kewajiban Penyediaan Modal
Minimum 9% - <10% 9% - <10% 9% - <10% Required Capital Adequacy Ratio
Rasio CET 1 minimum yang diwajibkan 4.50% 4.50% 4.50% Required minimum CET 1 Ratio
Rasio Tier 1 minimum yang diwajibkan 6.00% 6.00% 6.00% Required minimum Tier 1 Ratio
Halaman – 5/293 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 943
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
61. INFORMASI TAMBAHAN YANG TIDAK 61. ADDITIONAL INFORMATION THAT IS NOT REQUIRED
DIPERSYARATKAN OLEH STANDAR AKUNTANSI BY FINANCIAL ACCOUNTING STANDARDS
KEUANGAN (lanjutan) (continued)
Informasi tambahan berikut yang disajikan dibawah ini The following additional information presented below is
merupakan informasi yang disyaratkan oleh regulasi yang information required by applicable regulations and is not
berlaku dan bukan/tidak merupakan informasi yang information required by Financial Accounting Standards:
dipersyaratkan oleh Standar Akuntansi Keuangan: (continued)
(lanjutan)
p. Rasio Kewajiban Penyediaan Modal Minimum p. Capital Adequacy Ratio (“CAR”) (continued)
(“KPMM”) (lanjutan)
Rasio Kewajiban Penyediaan Modal Minimum (Capital The Capital Adequacy Ratio (CAR) is the ratio of the
Adequacy Ratio (“CAR”)) adalah rasio modal terhadap Bank’s capital over its Risk - Weighted Assets (RWA).
aset tertimbang menurut risiko (Risk - Weighted Based on Bank Indonesia regulations, the total capital
Assets (”RWA”)). Berdasarkan Peraturan Bank for credit risk consists of core capital (Tier I) and
Indonesia, jumlah modal untuk risiko kredit terdiri dari supplementary capital (Tier II) less investments in
Modal Inti ("Tier I") dan Modal Pelengkap ("Tier II") Subsidiaries. In accordance with OJK Regulation
dikurangi penyertaan pada Entitas Anak. Sesuai No. 11/POJK.03/2016, OJK Regulation
dengan Peraturan OJK No. 11/POJK.03/2016, No. 34/POJK.03/2016, OJK Regulation No. 27 of 2022
Peraturan OJK No. 34/POJK.03/2016, Peraturan OJK concerning the Minimum Capital Requirement for
No. 27 Tahun 2022 tentang Kewajiban Penyediaan Commercial Banks and OJK Circular Letter
Modal Minimum Bank Umum dan Surat Edaran OJK No.9/SEOJK.03/2020 on Transparency and
No.9/SEOJK.03/2020 tentang Transparansi dan Publication Conventional Commercial Bank Report,
Publikasi Laporan Bank Umum Konvensional, sejak since the end of the month of September 2016,
akhir bulan September 2016, Cadangan Tujuan tidak Specific Reserves can no longer be taken into account
dapat lagi diperhitungkan sebagai komponen Modal as a component of Bank’s Capital.
Bank.
Rasio kewajiban penyediaan modal minimum Bank Bank CIMB Niaga’s minimum capital adequacy ratio
CIMB Niaga secara konsolidasian pada tanggal on a consolidated basis As at 31 December 2025,
31 Desember 2025, dengan memperhitungkan risiko after considering credit and operational risk is 26.65%
kredit dan operasional adalah 26,65% (2024: 24.90%;2023: 24.84%) and after considering
(2024: 24,90%; 2023: 24,84%) dan dengan credit, operational, and market risk is 24.83%
memperhitungkan risiko kredit, operasional, dan pasar (2024: 23.34%; 2023: 24.02%).
adalah 24,83% (2024: 23,34%; 2023: 24,02%)
Unit Usaha Syariah Sharia Business Unit
Pada tanggal 2 Februari 2006, BI mengeluarkan On 2 February 2006, BI issued a regulation
peraturan No. 8/7/PBI/2006 tentang “Perubahan atas No. 8/7/PBI/2006 concerning “Amendment of BI
PBI No.7/13/PBI/2005 tentang Kewajiban Penyediaan regulation No. 7/13/PBI/2005 concerning The
Modal Minimum Bank Umum berdasarkan Prinsip Minimum Capital Adequacy Requirement for
Syariah” yang selanjutnya diperbaharui dengan Commercial Banks based on Sharia Principles” which
Peraturan OJK (“POJK”) No.21/POJK.03/2014 followed by FSA regulation No.21/POJK.03/2014
tanggal 18 November 2014 tentang Kewajiban dated 18 November 2014 regarding Minimum Capital
Penyediaan Modal Minimum Bank Umum Syariah Requirement for Sharia Bank which effective since
yang berlaku sejak 1 Januari 2015 untuk Bank Umum 1 January 2015 for Sharia Bank. Based on the
Syariah. Berdasarkan PBI tersebut, Unit Usaha regulation, Sharia Unit is required to set aside the
Syariah wajib menyediakan modal minimum sebesar minimum capital of 8% in respect of the Risk Weighted
8% dari Aset Tertimbang Menurut Risiko dari kegiatan Assets of business based on Sharia principles. This BI
usaha berdasarkan prinsip Syariah. PBI ini berlaku regulation came into force since reporting year of
sejak pelaporan bulan Desember 2005. December 2005.
Halaman – 5/294 – Page
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Page 944
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
61. INFORMASI TAMBAHAN YANG TIDAK 61. ADDITIONAL INFORMATION THAT IS NOT REQUIRED
DIPERSYARATKAN OLEH STANDAR AKUNTANSI BY FINANCIAL ACCOUNTING STANDARDS
KEUANGAN (lanjutan) (continued)
Informasi tambahan berikut yang disajikan dibawah ini The following additional information presented below is
merupakan informasi yang disyaratkan oleh regulasi yang information required by applicable regulations and is not
berlaku dan bukan/tidak merupakan informasi yang information required by Financial Accounting Standards:
dipersyaratkan oleh Standar Akuntansi Keuangan: (continued)
(lanjutan)
p. Rasio Kewajiban Penyediaan Modal Minimum p. Capital Adequacy Ratio (“CAR”) (continued)
(“KPMM”) (lanjutan)
Unit Usaha Syariah (lanjutan) Sharia Business Unit (continued)
Dalam hal modal minimum Unit Usaha Syariah kurang If the minimum capital of a Sharia Unit is less than 8%
dari 8% dari Aset Tertimbang Menurut Risiko, maka of the Risk Weighted Assets, the head office of the
kantor pusat bank umum konvensional dari Unit conventional commercial bank hosting the Sharia Unit
Usaha Syariah wajib menambah kekurangan modal shall top up the shortfall in minimum capital to reach
minimum sehingga mencapai 8% dari Aset 8% of the Risk Weighted Assets. Risks as referred to
Tertimbang Menurut Risiko. Risiko yang dimaksud in the regulation are Credit Risk and Market Risk. To
adalah Risiko Kredit dan Risiko Pasar. Untuk comply with the aforementioned BI regulation, on
memenuhi ketentuan peraturan BI ini, pada tanggal 29 December 2005, Bank CIMB Niaga’s sharia unit
29 Desember 2005, Unit Usaha Syariah Bank CIMB has gradually increased its capital contribution.
Niaga telah menambah penyertaan modalnya secara
bertahap.
Tanggal Jumlah/Amount Date
30 September 2004 12,500 September 30, 2004
11 November 2005 1,000 November 11, 2005
29 Desember 2005 25,000 December 29, 2005
20 September 2006 10,000 September 20, 2006
27 Desember 2007 51,500 December 27, 2007
17 Mei 2009 15,000 May 17, 2009
22 Maret 2010 135,000 March 22, 2010
30 Juni 2011 100,000 June 30, 2011
9 Desember 2011 100,000 December 9, 2011
31 Agustus 2012 150,000 August 31, 2012
27 September 2012 150,000 September 27, 2012
17 Desember 2012 100,000 December 17, 2012
4 Juli 2013 50,000 July 4, 2013
20 April 2017 400,000 April 20, 2017
20 Juni 2017 200,000 June 20, 2017
15 September 2017 150,000 September 15, 2017
12 Desember 2017 100,000 December 12, 2017
31 Desember 2017 600,000 December 31, 2017
31 Agustus 2018 400,000 August 31, 2018
28 Maret 2019 1,000,000 March 28, 2019
31 Maret 2020 800,000 March 31, 2020
30 Juni 2023 750,000 June 30, 2023
18 Desember 2024 500,000 December 18, 2024
17 September 2025 200,000 September 17, 2025
Jumlah 6,000,000 Total
Halaman – 5/295 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 945
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
61. INFORMASI TAMBAHAN YANG TIDAK 61. ADDITIONAL INFORMATION THAT IS NOT REQUIRED
DIPERSYARATKAN OLEH STANDAR AKUNTANSI BY FINANCIAL ACCOUNTING STANDARDS
KEUANGAN (lanjutan) (continued)
Informasi tambahan berikut yang disajikan dibawah ini The following additional information presented below is
merupakan informasi yang disyaratkan oleh regulasi yang information required by applicable regulations and is not
berlaku dan bukan/tidak merupakan informasi yang information required by Financial Accounting Standards:
dipersyaratkan oleh Standar Akuntansi Keuangan: (continued)
(lanjutan)
p. Rasio Kewajiban Penyediaan Modal Minimum p. Capital Adequacy Ratio (“CAR”) (continued)
(“KPMM”) (lanjutan)
Unit Usaha Syariah (lanjutan) Sharia Business Unit (continued)
Pada tanggal 31 Desember 2025, rasio KPMM Unit As at 31 December 2025, Bank CIMB Niaga Sharia
Usaha Syariah Bank CIMB Niaga tanpa dan dengan Unit’s CAR without and with market risk charge were
memperhitungkan risiko pasar masing-masing adalah 16.44% and 16.44%, respectively (2024: 14.73% and
16,44% dan 16,44% (2024: 14,73% 14.73%; 2023: 15.30% and 15.30%).
dan 14,73%; 2023: 15,30% dan 15,30%).
Sesuai dengan PBI No.8/7/PBI/2006 tentang In accordance with PBI No. 8/7/PBI/2006, CAR based
Kewajiban Penyediaan Modal Minimum Bank Umum on Sharia Principles only valid until 31 December 2014
berdasarkan Prinsip Syariah dinyatakan hanya and starting 1 January 2015, the Bank no longer has
berlaku sampai dengan 31 Desember 2014 maka an obligation to provide CAR pursuant to this. The
sejak tanggal 1 Januari 2015, Unit Usaha Syariah calculation of CAR Based on Sharia Principles is done
tidak lagi memiliki kewajiban untuk menyediakan only for internal purposes.
modal minimum sesuai ketentuan ini. Perhitungan
Kewajiban Penyediaan Modal Minimum Bank Umum
berdasarkan Prinsip Syariah ini dilakukan hanya untuk
kepentingan internal.
q. Informasi tambahan q. Additional information
Sesuai dengan Surat dari BI No. 10/57/DpG/DPbS In accordance with Letter from BI No.
tanggal 27 Mei 2008 perihal “Penyeragaman Nama 10/57/DpG/DPbS dated 27 May 2008 regarding
Produk dan Jasa Perbankan Syariah”, mulai bulan “Harmonisation of Sharia Banking Products and
September 2008, semua produk/jasa perbankan Services”, starting September 2008, all Sharia
Syariah diseragamkan menjadi Islamic Banking (“iB”). banking products/services are harmonised as Islamic
Banking (“iB”).
Halaman – 5/296 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 946
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
61. INFORMASI TAMBAHAN YANG TIDAK 61. ADDITIONAL INFORMATION THAT IS NOT REQUIRED
DIPERSYARATKAN OLEH STANDAR AKUNTANSI BY FINANCIAL ACCOUNTING STANDARDS
KEUANGAN (lanjutan) (continued)
Informasi tambahan berikut yang disajikan dibawah ini The following additional information presented below is
merupakan informasi yang disyaratkan oleh regulasi yang information required by applicable regulations and is not
berlaku dan bukan/tidak merupakan informasi yang information required by Financial Accounting Standards:
dipersyaratkan oleh Standar Akuntansi Keuangan: (continued)
(lanjutan)
q. Informasi tambahan (lanjutan) q. Additional information (continued)
Informasi keuangan unit usaha Syariah pada tanggal Financial information of Sharia business unit as at
31 Desember 2025, 2024, dan 2023 adalah: 31 December 2025, 2024, and 2023 were as follows:
2025 2024 2023
LAPORAN POSISI KEUANGAN STATEMENTS OF FINANCIAL POSITION
ASET ASSETS
Kas 65,731 66,547 50,463 Cash
Penempatan pada Bank Indonesia 11,600,311 4,699,728 3,530,408 Placements with Bank Indonesia
Surat berharga yang dimiliki 2,423,344 2,225,286 4,925,260 Sharia marketable securities
Pembiayaan berbasis piutang 7,355,148 6,977,261 5,892,575 Receivables based financing
Pembiayaan bagi hasil 47,229,754 51,944,152 48,207,237 Profit sharing financing
Pembiayaan sewa 1,133,953 1,367,517 1,141,479 Lease receivable
Aset produktif lainnya 820,503 661,517 533,375 Other earning assets
Cadangan kerugian penurunan nilai aset produktif -/- (1,616,681) (1,730,809) (1,570,061) Allowance for impairment losses on financial assets -/-
Aset tetap dan inventaris 41,751 24,615 15,631 Fixed assets and equipment
Aset non-produktif 1 5,948 - Non-earning assets
Aset lain-lain*) 1,170,217 1,261,345 20,873 Other assets *)
JUMLAH ASET 70,224,032 67,503,107 62,747,240 TOTAL ASSETS
LIABILITAS LIABILITIES
Dana simpanan wadiah 10,841,532 10,910,396 8,830,173 Wadiah deposits
Dana investasi non profit sharing 39,470,146 43,769,902 36,085,958 Non-profit sharing investment funds
Liabilitas kepada bank lain 382,804 365,267 77,163 Obligations to other banks
Surat berharga yang diterbitkan - 391,000 820,000 Marketable securities issued
Liabilitas lainnya 329,347 303,824 247,697 Other obligations
Dana usaha 17,429,845 9,642,459 14,783,350 Operating funds
Saldo laba/rugi 1,770,358 2,120,259 1,902,899 Retained earnings
JUMLAH LIABILITAS 70,224,032 67,503,107 62,747,240
*) Pada 31 Desember 2025 dan 2024, aset lain-lain termasuk As at 31 December 2025 and 2024, others included salam *)
piutang salam receivables
Halaman – 5/297 – Page
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Page 947
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
61. INFORMASI TAMBAHAN YANG TIDAK 61. ADDITIONAL INFORMATION THAT IS NOT REQUIRED
DIPERSYARATKAN OLEH STANDAR AKUNTANSI BY FINANCIAL ACCOUNTING STANDARDS
KEUANGAN (lanjutan) (continued)
Informasi tambahan berikut yang disajikan dibawah ini The following additional information presented below is
merupakan informasi yang disyaratkan oleh regulasi yang information required by applicable regulations and is not
berlaku dan bukan/tidak merupakan informasi yang information required by Financial Accounting Standards:
dipersyaratkan oleh Standar Akuntansi Keuangan: (continued)
(lanjutan)
q. Informasi tambahan (lanjutan) q. Additional information (continued)
Informasi keuangan unit usaha Syariah pada tanggal Financial information of Sharia business unit as at
31 Desember 2025, 2024, dan 2023 adalah: (lanjutan) 31 December 2025, 2024, and 2023 were as follows:
(continued)
2025 2024 2023
LAPORAN LABA RUGI STATEMENTS OF PROFIT OR LOSS
Pendapatan operasional 4,796,739 5,280,443 4,917,548 Operating income
Pendapatan yang dibagihasilkan (2,889,923) (3,104,058) (2,679,161) Revenue sharing distribution
Pendapatan setelah distribusi bagi hasil 1,906,816 2,176,385 2,238,387 Income after revenue sharing distribution
Jumlah beban operasional lainnya (140,818) (53,673) (327,128) Total other operating expenses
Laba operasional - bersih 1,765,998 2,122,712 1,911,259 Operating income - net
Pendapatan/(beban) non-operasional - bersih 109 776 3,800 Non-operating income/(expenses) - net
Laba bersih 1,766,107 2,123,488 1,915,059 Net income
Termasuk dalam pembiayaan berbasis piutang, Included in receivables based financing, profit sharing
pembiayaan bagi hasil dan pembiayaan sewa pada financing and lease receivables as at 31 December
tanggal 31 Desember 2025 adalah penempatan pada 2025 is placement with other banks amounting to
bank lain sebesar Rp 482.465 (2024: Rp 337.052; Rp 482,465 (2024: Rp 337,052; 2023: Rp 245,934).
2023: Rp 245.934).
r. Risiko operasional r. Operational risk
Risiko operasional adalah risiko kerugian langsung Operational risk is the risk of direct or indirect loss
ataupun tidak langsung yang terjadi karena tidak resulting from inadequate or failure in internal process,
memadainya atau karena adanya kegagalan proses people, and systems or from external problems that
internal, kesalahan manusia, kegagalan sistem atau affect Bank CIMB Niaga and Subsidiaries operation.
adanya masalah eksternal yang dapat mempengaruhi
operasional Bank CIMB Niaga dan Entitas Anak.
Proses pengkajian risiko dilakukan untuk menilai A risk assessment process is carried out to evaluate
kecukupan pengendalian internal serta proses the adequacy of internal control and risk identification
identifikasi dan pengukuran risiko untuk setiap proses and risk measurement in every process and product in
dan produk di masing-masing unit kerja untuk each working unit to ensure compliance with the
memastikan kepatuhan terhadap kebijakan, policy, rules, and limits set down by Bank CIMB
peraturan, dan batasan-batasan yang dibuat oleh Niaga’s management.
manajemen Bank CIMB Niaga.
Unit pengawasan intern melakukan pemantauan yang Internal control units closely review and monitor the
cermat atas proses di setiap tingkatan atau unit, yang process at its respective level or unit, prior and
berlangsung sebelum dan sesudah dilakukannya subsequent to each transaction being carried out.
transaksi.
Halaman – 5/298 – Page
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PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
61. INFORMASI TAMBAHAN YANG TIDAK 61. ADDITIONAL INFORMATION THAT IS NOT REQUIRED
DIPERSYARATKAN OLEH STANDAR AKUNTANSI BY FINANCIAL ACCOUNTING STANDARDS
KEUANGAN (lanjutan) (continued)
Informasi tambahan berikut yang disajikan dibawah ini The following additional information presented below is
merupakan informasi yang disyaratkan oleh regulasi yang information required by applicable regulations and is not
berlaku dan bukan/tidak merupakan informasi yang information required by Financial Accounting Standards:
dipersyaratkan oleh Standar Akuntansi Keuangan: (continued)
(lanjutan)
r. Risiko operasional (lanjutan) r. Operational risk (continued)
Pengelolaan risiko operasional juga dilakukan dengan Operational risk management is also performed by
memperkuat aspek keamanan dan kehandalan strengthening the security and operational aspects of
operasi teknologi informasi sehingga kesalahan information technology to reduce and prevent human
manusia, fraud, kesalahan proses, dan potensi error, fraud, processing errors, and system failure that
kegagalan sistem yang menyebabkan terganggunya affect business continuity.
kelangsungan bisnis dapat ditekan dan diantisipasi
lebih dini.
Bank CIMB Niaga mengembangkan dan menerapkan Bank CIMB Niaga has developed and implemented
beberapa sistem dan perangkat Operational Risk several systems and tools for Operational Risk
Management (“ORM”). Pengembangan yang Management (“ORM”). The developments are starting
dilakukan mulai dari yang bersifat pencegahan, from preventive, adequacy of control toward current
kecukupan terhadap kontrol sesuai dengan kondisi condition, until forward looking in forecasting for the
yang dihadapi, hingga yang sifatnya forward looking future probability. Through these approaches, Bank
dalam melihat kemungkinan kejadian di masa depan. CIMB Niaga expected to manage the operational risk
Dengan adanya pendekatan ini diharapkan Bank comprehensively. One of these processes is through
CIMB Niaga lebih komprehensif dalam mengelola monthly reporting which both working units and
risiko di bidang operasional. Salah satu sistem branches are required to report their losses related to
tersebut adalah melalui proses pelaporan bulanan, operational risk. The information is consolidated into a
dimana berbagai unit kerja dan kantor cabang wajib Loss Event Database, which is analysed to obtain
melaporkan kerugian yang timbul akibat risiko indicators to anticipate repeated trends. Currently,
operasional. Informasi ini dikonsolidasikan ke dalam Bank CIMB Niaga is improving the tools which used to
satu Loss Event Database, kemudian dianalisis untuk measure and manage operational risk by Key Risk
mendapatkan suatu indikasi atau gambaran yang Indicator (“KRI”) and Risk and Control Self
dipakai untuk mengantisipasi pengulangan terjadinya Assessment (“RCSA”) and also Business Continuity
kerugian yang sama pada masa datang. Bank CIMB Management (“BCM”) comprehensively.
Niaga saat ini melakukan peningkatan terhadap
perangkat yang digunakan untuk mengukur dan
mengelola risiko operasional melalui Key Risk
Indicator (“KRI”) dan Risk and Control Self
Assessment (“RCSA”) serta Business Continuity
Management (“BCM”) yang menyeluruh.
Bank CIMB Niaga mengerahkan upaya terbaik untuk Bank CIMB Niaga performs best effort to manage
mengelola risiko operasional dengan memastikan operational risk by ensuring the importance of
akan pentingnya pengelolaan risiko ini ditanamkan managing the risk embedded at all levels of Bank
pada seluruh jajaran organisasi Bank CIMB Niaga. CIMB Niaga’s organisation. Bank CIMB Niaga has
Bank CIMB Niaga berkomitmen penuh untuk fully committed to increase its capability in managing
meningkatkan kemampuan pengelolaan risiko operational risk using several control processes, tools,
operasional melalui penggunaan berbagai proses and sophisticated analysis techniques.
pengendalian, dan perangkat, serta analisis risiko
yang mutakhir.
Halaman – 5/299 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 949
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
61. INFORMASI TAMBAHAN YANG TIDAK 61. ADDITIONAL INFORMATION THAT IS NOT REQUIRED
DIPERSYARATKAN OLEH STANDAR AKUNTANSI BY FINANCIAL ACCOUNTING STANDARDS
KEUANGAN (lanjutan) (continued)
Informasi tambahan berikut yang disajikan dibawah ini The following additional information presented below is
merupakan informasi yang disyaratkan oleh regulasi yang information required by applicable regulations and is not
berlaku dan bukan/tidak merupakan informasi yang information required by Financial Accounting Standards:
dipersyaratkan oleh Standar Akuntansi Keuangan: (continued)
(lanjutan)
r. Risiko operasional (lanjutan) r. Operational risk (continued)
Pengungkapan mengenai risiko kredit, risiko tingkat Disclosure of credit risk, interest rate risk, currency
suku bunga, risiko mata uang, risiko likuiditas, dan risk, liquidity risk, and operational risk has been
risiko operasional telah diungkapkan dalam catatan disclosed in separate notes (refer to Notes 52, 53, 54,
tersendiri (lihat Catatan 52, 53, 54, 55, dan 61.r). 55, and 61.r).
s. Risiko hukum s. Legal risk
Risiko hukum adalah risiko yang disebabkan oleh Legal risk is the risk arising from weaknesses in
adanya kelemahan aspek yuridis, antara lain yang judicial aspect, amongst others are caused by legal
disebabkan adanya tuntutan hukum, ketiadaan claims, unavailability of law and regulations which
peraturan perundang-undangan yang mendukung supports Bank CIMB Niaga and Subsidiaries products
aktivitas atau produk Bank CIMB Niaga dan Entitas and activities, or weaknesses in legal documentation
Anak, atau kelemahan perikatan seperti tidak such as unavailability of binding contract and
dipenuhinya syarat sahnya kontrak dan pengikatan incomplete collateral agreements.
agunan yang tidak sempurna.
Berikut adalah faktor-faktor yang mempengaruhi risiko The following are factors which affect the legal risk:
hukum: karakter nasabah yang negatif, kurangnya customers’ negative character, lack of understanding
pemahaman atas produk yang dijual kepada nasabah, of product sold to customers, weak legal
dokumen legal yang lemah, konflik dengan nasabah documentation, unresolved conflict with customers or
atau pihak lain yang tidak diselesaikan dengan baik, other parties, and unresolved customer complaints.
dan keluhan nasabah yang tidak diselesaikan dengan
memuaskan.
Guna menghindari kemungkinan litigasi atau gugatan To prevent any possibility of litigation and legal cases,
hukum, unit legal dan unit bisnis terkait bertugas untuk the legal group and business group are responsible to
menyelesaikan masalah-masalah hukum yang terjadi ensure all the legal cases are settled well through
dengan mengelola setiap events yang terkait dengan managing the legal events properly, including
hukum secara tepat, termasuk potensi kerugiannya. provision on any potential loss that is incurred.
Bank CIMB Niaga dan Entitas Anak melakukan Bank CIMB Niaga and Subdiaries manages the legal
manajemen risiko hukum dengan melakukan risk through professional legal case handling and if
penanganan proses hukum secara profesional dan needed prepares provision for legal case expenses.
jika diperlukan membuat pencadangan potensi biaya
kerugian.
Halaman – 5/300 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 950
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
61. INFORMASI TAMBAHAN YANG TIDAK 61. ADDITIONAL INFORMATION THAT IS NOT REQUIRED
DIPERSYARATKAN OLEH STANDAR AKUNTANSI BY FINANCIAL ACCOUNTING STANDARDS
KEUANGAN (lanjutan) (continued)
Informasi tambahan berikut yang disajikan dibawah ini The following additional information presented below is
merupakan informasi yang disyaratkan oleh regulasi yang information required by applicable regulations and is not
berlaku dan bukan/tidak merupakan informasi yang information required by Financial Accounting Standards:
dipersyaratkan oleh Standar Akuntansi Keuangan: (continued)
(lanjutan)
t. Risiko strategis t. Strategic risk
Risiko strategis adalah risiko yang antara lain Strategic risk is the risk which is caused by the
disebabkan adanya penetapan dan pelaksanaan determination and implementation of Bank CIMB
strategi Bank CIMB Niaga dan pengambilan Niaga’s strategy and inaccurate decision making or
keputusan bisnis yang tidak tepat atau kurang Bank CIMB Niaga’s unawareness to the external
responsifnya Bank CIMB Niaga terhadap perubahan factor changes. Factors which affect the strategic risk
eksternal. Berikut adalah faktor-faktor yang are: Bank CIMB Niaga’s vision and mission, strategic
mempengaruhi risiko strategis: visi dan misi Bank plan, change of ownership, and launch of new
CIMB Niaga, rencana strategis, perubahan products.
kepemilikan, dan peluncuran produk baru.
Pelaksanaan strategi, visi, dan misi Bank CIMB Niaga Improper strategy, vision, and mission implementation
yang tidak tepat serta pengambilan keputusan bisnis of Bank CIMB Niaga as well as unaligned business
yang tidak sejalan dengan perubahan eksternal dapat decisions that are not inline with external changes has
mempengaruhi kelangsungan bisnis Bank CIMB an impact on Bank CIMB Niaga’s business going
Niaga. concern.
Dalam kaitannya dengan hal tersebut di atas, Bank In relation with the risk as stated above, Bank CIMB
CIMB Niaga telah membentuk, merumuskan, Niaga has established, formulated, developed, and
menyusun, dan memantau pelaksanaan strategi monitored this strategy implementation including
termasuk corporate plan dan business plan. corporate plan and business plan.
Selain itu Bank CIMB Niaga menetapkan sejumlah In addition, Bank CIMB Niaga has decided several
indikator penting yang disesuaikan dengan kecukupan major indicators that are adjusted with the adequacy
aset, permodalan, dan kondisi perubahan pasar agar of assets, capital, and market sensitivity conditions in
bisnis Bank CIMB Niaga tetap tumbuh dan terus order to maintain Bank CIMB Niaga’s growth and
meningkatkan kepercayaan bagi para stakeholders continuously develop trust of stakeholders and
dan shareholders. shareholders.
u. Risiko reputasi u. Reputation risk
Risiko reputasi adalah risiko yang antara lain Reputation risk is the risk which is caused by negative
disebabkan oleh adanya publikasi negatif yang terkait publicity related with Bank CIMB Niaga’s activities or
dengan kegiatan usaha Bank CIMB Niaga atau negative perception on Bank CIMB Niaga. Factors
persepsi negatif terhadap Bank CIMB Niaga. Faktor- which influence reputation risk are: image, share
faktor yang mempengaruhi risiko reputasi antara lain: price, and internal conflict.
citra (image), harga saham, dan konflik internal.
Bank CIMB Niaga melakukan manajemen risiko Bank CIMB Niaga manages reputation risk by
reputasi dengan melakukan aktivitas public relation, performing public relation activities, CSR (Corporate
CSR (Corporate Social Responsibility), respon yang Social Responsibility), quick response to customers’
cepat terhadap keluhan nasabah, dan penerapan complaints, and consistent implementation of Good
Good Corporate Governance yang konsisten. Corporate Governance.
Halaman – 5/301 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 951
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
61. INFORMASI TAMBAHAN YANG TIDAK 61. ADDITIONAL INFORMATION THAT IS NOT REQUIRED
DIPERSYARATKAN OLEH STANDAR AKUNTANSI BY FINANCIAL ACCOUNTING STANDARDS
KEUANGAN (lanjutan) (continued)
Informasi tambahan berikut yang disajikan dibawah ini The following additional information presented below is
merupakan informasi yang disyaratkan oleh regulasi yang information required by applicable regulations and is not
berlaku dan bukan/tidak merupakan informasi yang information required by Financial Accounting Standards:
dipersyaratkan oleh Standar Akuntansi Keuangan: (continued)
(lanjutan)
u. Risiko Reputasi (lanjutan) u. Reputation Risk (continued)
Bank CIMB Niaga juga telah membentuk Marketing Bank CIMB Niaga has also set up Marketing and
and Communication Committee, sebuah Komite Communication Committee, an Executive Committee,
Eksekutif, yang bertanggung jawab atas pemberian which is responsible for providing strategic direction
arahan yang jelas dalam pengelolaan merek Bank and guidance on Bank CIMB Niaga brand, including
CIMB Niaga termasuk strategi, value proposition, dan strategy, value proposition, and positioning.
positioning.
Pengelolaan risiko reputasi dilakukan dengan Reputation risk management is performed through
memantau publikasi negatif dari media cetak baik monitoring negative reports from reader’s letters and
surat pembaca maupun artikel termasuk di dalamnya articles in media that includes customer’s complaints.
keluhan nasabah. Hal yang sama dilakukan untuk The same thing is also applied for customer
keluhan nasabah yang melalui call center. complaints via call center.
v. Risiko kepatuhan v. Compliance risk
Risiko kepatuhan adalah risiko yang terjadi karena Compliance risk is the risk that Bank CIMB Niaga does
Bank CIMB Niaga tidak mematuhi atau tidak not comply or implement internal policy and laws and
melaksanakan ketentuan internal dan peraturan regulations. In practice, compliance risk is embeded in
perundang-undangan. Pada praktiknya, risiko with Bank CIMB Niaga’s risks relating to laws and
kepatuhan melekat pada risiko Bank CIMB Niaga regulations, prudential requirements, and other
yang terkait pada peraturan perundang-undangan, regulations, such as:
ketentuan kehati-hatian, dan ketentuan lain yang
berlaku, seperti:
- Risiko kredit terkait dengan ketentuan Kewajiban - Credit risk related with Capital Adequacy Ratio
Pemenuhan Modal Minimum (“KPMM”), Kualitas (“CAR”), Quality of Earning Assets, Allowance for
Aset Produktif, Pembentukan Penyisihan Aset Possible Losses, and Legal Lending Limit (“LLL”);
Produktif (“PPAP”), dan Batas Maksimum
Pemberian Kredit (“BMPK”);
- Risiko pasar terkait dengan ketentuan Posisi - Market risk related with Net Open Position
Devisa Neto (“PDN”); (“NOP”) regulation;
- Risiko strategis terkait dengan ketentuan - Strategic risk related with Bank CIMB Niaga’s
Rencana Kerja Anggaran Tahunan (“RKAT”) Annual Business Plan; and
Bank CIMB Niaga; dan
- Risiko lain yang terkait dengan ketentuan - Other risks related with external and internal
eksternal dan internal. regulations.
Halaman – 5/302 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 952
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
61. INFORMASI TAMBAHAN YANG TIDAK 61. ADDITIONAL INFORMATION THAT IS NOT REQUIRED
DIPERSYARATKAN OLEH STANDAR AKUNTANSI BY FINANCIAL ACCOUNTING STANDARDS
KEUANGAN (lanjutan) (continued)
Informasi tambahan berikut yang disajikan dibawah ini The following additional information presented below is
merupakan informasi yang disyaratkan oleh regulasi yang information required by applicable regulations and is not
berlaku dan bukan/tidak merupakan informasi yang information required by Financial Accounting Standards:
dipersyaratkan oleh Standar Akuntansi Keuangan: (continued)
(lanjutan)
v. Risiko Kepatuhan (lanjutan) v. Compliance Risk (continued)
Faktor-faktor yang mempengaruhi risiko kepatuhan Factors which affect compliance risk are: external
adalah: perubahan peraturan eksternal, komunikasi regulation changes, internal communication,
internal, budaya disiplin karyawan, dan infrastruktur. employees discipline culture, and infrastructure.
Dalam mengelola manajemen risiko kepatuhan, Bank In managing compliance risk, Bank CIMB Niaga
CIMB Niaga melakukan peningkatan budaya makes continuous improvement for compliance
kepatuhan yang terus menerus dilakukan melalui culture through the compliance program:
program kepatuhan yaitu:
- Pembaharuan dan dokumentasi database - Updating and documenting compliance
kepatuhan; database;
- Sosialisasi/pelatihan kepatuhan melalui - Compliance socialisation/training through
regulation update, compliance news, e-learning, regulation update, compliance news, e-learning,
dan on-class training; and on-class training;
- Uji kepatuhan terhadap produk baru, kebijakan - Test of compliance on new products, new policy,
baru, dan aktivitas bank; and bank activities;
- Monitor pelaksanaan kepatuhan melalui - Monitoring the compliance realisation through
compliance matrix dan pembentukan compliance matrix and establishing Designated
Designated Compliance Officer (”DCO”); Compliance Officer (“DCO”);
- Penerapan anti pencucian uang dan - Implementation of anti money laundering and
pencegahan pendanaan teroris; dan preventive terrorism funding; and
- Pelaporan kepatuhan. - Compliance reporting.
Rasio-rasio utama yang dipersyaratkan oleh The main ratios required by Bank Indonesia regulation
Peraturan Bank Indonesia yaitu Giro Wajib which are the Minimum Statutory Reserves (“GWM”),
Minimum (“GWM”), Penyangga Likuiditas Macroprudential Liquidity Buffer (“PLM”),
Makroprudensial (“PLM”), Rasio Intermediasi
Macropudential Intermediation Ratio (“RIM”), LLL,
Makroprudensial (“RIM”), BMPK, NPL, PDN dan
KPMM telah dipenuhi oleh Bank CIMB Niaga. NPL, NOP and CAR have been fulfilled by Bank CIMB
Niaga.
62. PERISTIWA SETELAH PERIODE PELAPORAN 62. SUBSEQUENT EVENTS
Sesuai dengan keterbukaan informasi yang In accordance with the information disclosure published by
dipublikasikan Bank pada tanggal 15 Januari 2026, the Bank on 15 January 2026, regarding the Principal
mengenai Persetujuan Prinsip atas Pemisahan Unit Approval of Spin-off of the Sharia Business Unit, the Bank
Usaha Syariah, Bank telah memperoleh persetujuan izin has obtained principal approval from the Financial Services
prinsip dari OJK pada tanggal 14 Januari 2026, untuk Authority (OJK) on 14 January 2026, to separate the Sharia
memisahkan Unit Usaha Syariah (“UUS”) menjadi Bank Business Unit (“UUS”) into an independent Sharia
Umum Syariah (“BUS”) mandiri, yaitu PT Bank CIMB Commercial Bank (“BUS”), namely PT Bank CIMB Niaga
Niaga Syariah. Kemudian, sesuai dengan keterbukaan Syariah. Subsequently, in accordance with the information
informasi yang dipublikasikan Bank pada tanggal disclosure published by the Bank on 27 January 2026,
27 Januari 2026, mengenai Penandatanganan Akta regarding the Signing of the Spin-off Deed of the Sharia
Pemisahan Unit Usaha Syariah, Bank telah Business Unit, the Bank signed the Spin-off Deed of the
menandatangani Akta Pemisahan Unit Usaha Syariah Company's Sharia Business Unit on 27 January 2026.
Perseroan pada tanggal 27 Januari 2026.
Halaman – 5/303 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 953
PT BANK CIMB NIAGA Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
62. PERISTIWA SETELAH PERIODE PELAPORAN 62. SUBSEQUENT EVENTS (continued)
(lanjutan)
Sampai dengan tanggal laporan keuangan konsolidasian As of the date of this consolidated financial statements,
ini, Bank masih dalam proses untuk memenuhi semua the Bank is still in the process of fulfilling all approvals
persetujuan dan memperoleh perizinan dalam rangka and obtaining permits in relation to the spin-off of the
pemisahan unit usaha syariah untuk memenuhi ketentuan Sharia business unit to comply with the provisions of
POJK No. 12 Tahun 2023 tentang Unit Usaha Syariah OJK Regulation No. 12 of 2023 concerning the Sharia
sebagaimana dicabut sebagian melalui POJK No. 2 Business Unit, as partially revoked by OJK Regulation
Tahun 2024 tentang Penerapan Tata Kelola Syariah Bagi No. 2 of 2024 concerning the Implementation of Sharia
Bank Umum Syariah dan Unit Usaha Syariah. Governance for Sharia Commercial Banks and Sharia
Persetujuan atas pemisahan unit usaha syariah dengan
Business Units. Approval for the spin-off of the Sharia
cara pendirian badan hukum PT Bank CIMB Niaga
business unit through the establishment of the legal
Syariah telah disetujui melalui Rapat Umum Pemegang
entity PT Bank CIMB Niaga Syariah was granted at the
Saham Luar Biasa pada tanggal 26 Juni 2025.
Extraordinary General Meeting of Shareholders on 26
June 2025.
63. INFORMASI KEUANGAN TAMBAHAN 63. SUPPLEMENTARY FINANCIAL INFORMATION
Bank menerbitkan laporan keuangan konsolidasian yang The Bank published the consolidated financial statements
merupakan laporan keuangan utama. Informasi keuangan as its primary financial statements. The supplementary
tambahan PT Bank CIMB Niaga Tbk (Entitas Induk) ini, financial information of PT Bank CIMB Niaga Tbk (Parent
dimana Bank CIMB Niaga membukukan investasi pada Entity), where Bank CIMB Niaga book investment in
Entitas Anak dengan menggunakan metode biaya sesuai Subsidiaries using the cost method in accordance with
dengan PSAK 227 (2015), disajikan untuk dapat SFAS 227 (2015), have been prepared in order that the
menganalisis hasil usaha entitas induk saja. Informasi parent entity’s results of operations can be analysed. The
keuangan tambahan PT Bank CIMB Niaga Tbk (Entitas following supplementary financial information of PT Bank
Induk) berikut ini harus dibaca bersamaan dengan laporan CIMB Niaga Tbk (Parent Entity) should be read in
keuangan konsolidasian PT Bank CIMB Niaga Tbk dan conjuction with the consolidated financial statements of
Entitas Anak. PT Bank CIMB Niaga Tbk and Subsidiaries.
Halaman – 5/304 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 954
INFORMASI KEUANGAN TAMBAHAN/SUPPLEMENTARY FINANCIAL INFORMATION
PT BANK CIMB NIAGA Tbk
INDUK PERUSAHAAN/PARENT COMPANY
LAPORAN POSISI KEUANGAN STATEMENTS OF FINANCIAL POSITION
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2025 2024 2023
ASET ASSETS
Kas 3,657,201 3,649,991 3,928,228 Cash
Giro pada Bank Indonesia 11,670,605 9,990,709 13,180,254 Current accounts with Bank Indonesia
Giro pada bank lain 1,742,534 2,446,256 2,501,677 Current accounts with other banks
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai - - - impairment losses
1,742,534 2,446,256 2,501,677
Penempatan pada bank lain Placement with other banks
dan Bank Indonesia 11,833,388 5,047,395 4,541,702 and Bank Indonesia
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (71) - (8,714) impairment losses
11,833,317 5,047,395 4,532,988
Efek-efek 23,376,814 25,006,134 9,403,093 Marketable securities
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (782) (840) (39,160) impairment losses
23,376,032 25,005,294 9,363,933
Obligasi Pemerintah 61,589,175 68,329,051 70,596,507 Government Bonds
Efek-efek yang dibeli dengan janji Securities purchased under
dijual kembali 1,000,129 1,612,832 5,159,387 resale agreements
Tagihan derivatif Derivative receivables
Pihak berelasi 31,211 22,140 18,805 Related parties
Pihak ketiga 739,725 1,162,750 830,209 Third parties
770,936 1,184,890 849,014
Kredit yang diberikan Loans
Pihak berelasi 533,107 873,183 1,059,901 Related parties
Pihak ketiga 227,851,680 217,827,612 205,745,793 Third parties
228,384,787 218,700,795 206,805,694
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (8,053,555) (10,451,126) (11,905,707) impairment losses
Jumlah kredit yang diberikan 220,331,232 208,249,669 194,899,987 Total loans
Tagihan akseptasi 1,937,050 2,761,800 1,102,091 Acceptance receivables
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (1,592) (9,833) (8,638) impairment losses
1,935,458 2,751,967 1,093,453
Penyertaan - bersih 801,859 801,859 782,375 Investments - net
Aset tetap 9,477,353 9,243,413 9,426,276 Fixed assets
Dikurangi: Akumulasi penyusutan (2,501,717) (2,536,667) (2,730,888) Less: Accumulated depreciation
6,975,636 6,706,746 6,695,388
Aset takberwujud 5,173,473 4,732,183 4,306,093 Intangible assets
Dikurangi: Akumulasi amortisasi (3,160,549) (2,701,485) (2,252,619) Less: Accumulated amortisation
2,012,924 2,030,698 2,053,474
Aset yang diambil alih 329,751 331,687 332,918 Foreclosed assets
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (328,063) (248,994) (223,225) impairment losses
1,688 82,693 109,693
Uang muka pajak 2,891,766 3,040,578 1,706,534 Prepaid taxes
Aset pajak tangguhan - bersih 83,097 110,164 1,368,468 Deferred tax assets - net
Pendapatan yang masih harus diterima 3,104,503 3,028,121 3,417,848 Accrued income
Beban dibayar dimuka 1,244,900 1,204,256 1,180,308 Prepaid expenses
Aset lain-lain 7,267,168 5,427,047 5,024,557 Other assets
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (136,972) (172,746) (502,708) impairment losses
7,130,196 5,254,301 4,521,849
JUMLAH ASET 362,153,188 350,527,470 327,941,365 TOTAL ASSETS
Halaman – 5/305 – Page
– Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 955
INFORMASI KEUANGAN TAMBAHAN/SUPPLEMENTARY FINANCIAL INFORMATION
PT BANK CIMB NIAGA Tbk
INDUK PERUSAHAAN/PARENT COMPANY
LAPORAN POSISI KEUANGAN STATEMENTS OF FINANCIAL POSITION
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2025 2024 2023
LIABILITAS DAN EKUITAS LIABILITIES AND EQUITY
LIABILITAS LIABILITIES
Liabilitas segera 3,355,050 3,814,668 3,556,053 Obligations due immediately
Simpanan dari nasabah Deposits from customers
Giro Demand deposits
Pihak berelasi 1,161,968 1,132,935 1,092,080 Related parties
Pihak ketiga 102,881,716 91,534,201 72,983,177 Third parties
104,043,684 92,667,136 74,075,257
Tabungan Saving deposits
Pihak berelasi 313,595 301,862 253,790 Related parties
Pihak ketiga 86,067,637 79,977,209 77,177,034 Third parties
86,381,232 80,279,071 77,430,824
Deposito Time deposits
Pihak berelasi 21,776 30,507 39,175 Related parties
Pihak ketiga 81,040,485 88,541,315 85,189,868 Third parties
81,062,261 88,571,822 85,229,043
Jumlah simpanan nasabah 271,487,177 261,518,029 236,735,124 Total deposits from customers
Simpanan dari bank lain Deposits from other banks
Giro dan tabungan 2,915,935 3,128,574 1,505,795 Demand and saving deposits
Inter-bank call money dan Inter-bank call money and
deposito berjangka 4,450,375 2,830,894 254,652 time deposits
7,366,310 5,959,468 1,760,447
Efek-efek yang dijual dengan Securities sold under repurchase agreement
janji dibeli kembali 11,514,958 11,288,963 20,426,826 repurchase agreement
Liabilitas derivatif Derivative payables
Pihak berelasi 26,437 15,751 19,907 Related parties
Pihak ketiga 572,904 890,879 520,144 Third parties
599,341 906,630 540,051
Liabilitas akseptasi 1,937,050 2,761,800 1,102,091 Acceptance payables
Efek-efek yang diterbitkan - 391,000 1,300,476 Marketable securities isssued
Pinjaman yang diterima - 2,609,500 2,463,520 Borrowings
Hutang pajak Tax payables
- Pajak penghasilan badan 343,956 181,410 163,942 Corporate income tax -
- Pajak lain-lain 33,221 129,209 257,571 Other taxes -
377,177 310,619 421,513
Beban yang masih harus dibayar Accruals and other
dan liabilitas lain-lain liabilities
- Beban yang masih harus dibayar 1,957,537 2,184,823 3,108,506 Accruals -
- Liabilitas lain-lain 6,158,902 6,198,134 7,438,935 Other liabilities -
8,116,439 8,382,957 10,547,441
Liabilitas imbalan kerja 1,603,598 1,557,704 1,473,143 Employee benefit obligations
Pinjaman subordinasi Subordinated loans
Pihak berelasi - 35,767 35,996 Related parties
Pihak ketiga - 38,747 119,623 Third parties
- 74,514 155,619
JUMLAH LIABILITAS 306,357,100 299,575,852 280,482,304 TOTAL LIABILITIES
Halaman – 5/306 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 956
INFORMASI KEUANGAN TAMBAHAN/SUPPLEMENTARY FINANCIAL INFORMATION
PT BANK CIMB NIAGA Tbk
INDUK PERUSAHAAN/PARENT COMPANY
LAPORAN POSISI KEUANGAN STATEMENTS OF FINANCIAL POSITION
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2025 2024 2023
EKUITAS EQUITY
Modal saham Share capital
Modal dasar 71.853.936 Authorised capital 71,853,936
saham biasa kelas A, dengan class A ordinary shares with
nilai nominal Rp 5.000 (nilai penuh) par value of Rp 5,000 (full
per saham dan 50.814.606.400 amount) per share, and
saham biasa kelas B, 50,814,606,400 class B
dengan nilai nominal Rp 50 ordinary shares with par value
(nilai penuh) per saham of Rp 50 (full amount) per share
Modal ditempatkan dan disetor penuh Issued and fully paid
71.853.936 lembar saham biasa kelas A pada tanggal 71,853,936 class A ordinary shares as at
31 Desember 2025, 2024, dan 2023 31 December 2025, 2024, and 2023
dan saham biasa kelas B sebanyak 25.070.351.907 lembar and class B ordinary shares total 25,070,351,907 shares
tanggal 31 Desember 2025 dan 2024 dan 25.059.752.907 lembar as at 31 December 2025 and 2024 and 25,059,752,907 shares
pada tanggal 31 Desember 2023 1,612,787 1,612,787 1,612,257 as at 31 December 2023
Tambahan modal disetor 7,135,019 7,135,003 7,068,257 Additional paid in capital
Saham tresuri (2,366) (5,649) (135,104) Treasury shares
Cadangan kompensasi berbasis saham 84,332 90,994 137,123 Share-based compensation reserve
Selisih penilaian kembali aset tetap 4,695,405 4,176,647 4,181,209 Reserve on revaluation of fixed assets
Keuntungan/(kerugian) yang belum direalisasi atas efek-efek Unrealised gains/(losses) of marketable securities
dan obligasi pemerintah dalam kelompok nilai wajar melalui and government bonds on fair value through
penghasilan komprehensif lain - bersih 438,691 (963,166) (879,270) other comprehensive income - net
Cadangan umum dan wajib 351,538 351,538 351,538 General and statutory reserve
Saldo laba 41,480,682 38,553,464 35,123,051 Retained earnings
JUMLAH EKUITAS 55,796,088 50,951,618 47,459,061 TOTAL EQUITY
JUMLAH LIABILITAS
DAN EKUITAS 362,153,188 350,527,470 327,941,365 TOTAL LIABILITIES AND EQUITY
Halaman – 5/307 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 957
INFORMASI KEUANGAN TAMBAHAN/SUPPLEMENTARY FINANCIAL INFORMATION
PT BANK CIMB NIAGA Tbk
INDUK PERUSAHAAN/PARENT COMPANY
LAPORAN LABA RUGI DAN PENGHASILAN STATEMENTS OF PROFIT OR LOSS AND OTHER
KOMPREHENSIF LAIN COMPREHENSIVE INCOME
UNTUK TAHUN - TAHUN YANG BERAKHIR FOR THE YEARS ENDED
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2025 2024 2023
PENDAPATAN DAN BEBAN INCOME AND EXPENSES
OPERASIONAL FROM OPERATIONS
Pendapatan bunga 17,977,765 17,404,589 16,253,314 Interest income
Pendapatan syariah 4,799,141 5,280,443 4,917,548 Sharia ncome
Beban bunga (7,762,218) (7,437,825) (5,996,945) Interest expense
Beban syariah (2,889,923) (3,104,058) (2,679,161) Sharia expense
Penghasilan bunga dan syariah - bersih 12,124,765 12,143,149 12,494,756 Net interest and sharia income
Pendapatan operasional lainnya Other operating income
Provisi dan komisi lainnya 2,667,987 2,640,559 2,931,115 Other fees and commissions
(Kerugian)/keuntungan transaksi mata uang asing (64,488) 764,813 176,982 Foreign exchange (losses)/gains
Lain-lain 687,629 868,340 426,683 Others
Jumlah pendapatan operasional lainnya 3,291,128 4,273,712 3,534,780 Total other operating income
Kerugian penurunan nilai atas aset keuangan Impairment losses on financial
dan nonkeuangan - bersih (915,821) (1,324,690) (1,646,418) and non-financial assets - net
Keuntungan dari instrumen keuangan yang Gains from financial instruments measured
diukur pada nilai wajar melalui laba rugi - bersih 127,445 465,526 1,097,419 at fair value through profit or loss - net
Keuntungan dari penjualan efek-efek - bersih 2,170,706 488,116 525,971 Gains from sale of marketable securities - net
Beban operasional lainnya Other operating expenses
Beban tenaga kerja (5,031,136) (4,887,862) (4,720,198) Personnel expenses
Umum dan administrasi (3,425,687) (3,454,580) (3,488,882) General and administrative
(Beban)/pembalikan lain-lain (6,469) 64,524 (18,972) Other (expenses)/reversal
Jumlah beban operasional lainnya (8,463,292) (8,277,918) (8,228,052) Total other operating expenses
LABA OPERASIONAL BERSIH 8,334,931 7,767,895 7,778,456 NET OPERATING INCOME
PENDAPATAN BUKAN OPERASIONAL INCOME FROM NON OPERATIONS
Pendapatan bukan operasional - bersih 239,760 477,812 112,892 Non operating income - net
LABA SEBELUM PAJAK INCOME BEFORE
PENGHASILAN 8,574,691 8,245,707 7,891,348 INCOME TAX
BEBAN PAJAK PENGHASILAN (1,795,802) (1,720,041) (1,722,625) INCOME TAX EXPENSE
LABA BERSIH 6,778,889 6,525,666 6,168,723 NET INCOME
Halaman – 5/308 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 958
INFORMASI KEUANGAN TAMBAHAN/SUPPLEMENTARY FINANCIAL INFORMATION
PT BANK CIMB NIAGA Tbk
INDUK PERUSAHAAN/PARENT COMPANY
LAPORAN LABA RUGI DAN PENGHASILAN STATEMENTS OF PROFIT OR LOSS AND OTHER
KOMPREHENSIF LAIN COMPREHENSIVE INCOME
UNTUK TAHUN - TAHUN YANG BERAKHIR FOR THE YEARS ENDED
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2025 2024 2023
Laba bersih 6,778,889 6,525,666 6,168,723 Net income
Penghasilan komprehensif lain: Other comprehensive income:
Pos-pos yang tidak akan direklasifikasi ke laba rugi Items that will not be reclassified to profit or loss
Pengukuran kembali atas program imbalan pasti Remeasurement of post employment
keuntungan/(kerugian) aktuarial 55,745 (19,850) (27,853) benefits obligation actuarial gains/(losses)
Selisih penilaian kembali aset tetap 518,744 (4,592) 1,176 Reserve on revaluation of fixed assets
574,489 (24,442) (26,677)
Pajak penghasilan terkait pos-pos yang tidak Income tax relating to items that will not be
akan direklasifikasi ke laba rugi (12,250) 4,397 6,128 reclassified to profit or loss
562,239 (20,045) (20,549)
Pos-pos yang akan direklasifikasi ke laba rugi Item that will be reclassified to profit or loss
Keuntungan/(kerugian) yang belum di realisasi Unrealised gains/(losses) from changes
atas perubahan nilai wajar dari efek-efek dan obligasi in fair value of marketable securities
pemerintah dalam kelompok nilai wajar melalui and government bonds on fair value
penghasilan komprehensif lain 1,703,043 (138,457) 299,060 through other comprehensive income
Pajak penghasilan terkait pos-pos yang Income tax relating to items that will be
akan direklasifikasi ke laba rugi (301,186) 54,561 (29,602) reclassified to profit or loss
1,401,857 (83,896) 269,458
PENGHASILAN KOMPREHENSIF LAIN OTHER COMPREHENSIVE INCOME -
SETELAH PAJAK 1,964,096 (103,941) 248,909 NET OF TAX
JUMLAH PENGHASILAN KOMPREHENSIF 8,742,985 6,421,725 6,417,632 TOTAL COMPREHENSIVE INCOME
LABA PER SAHAM EARNINGS PER SHARE
(dalam nilai penuh Rupiah (expressed in Rupiah full
per saham) amount per share)
Dasar 269.64 259.65 247.21 Basic
Dilusian 269.64 259.65 247.21 Diluted
Halaman – 5/309 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 959
INFORMASI KEUANGAN TAMBAHAN/SUPPLEMENTARY FINANCIAL INFORMATION
PT BANK CIMB NIAGA Tbk
INDUK PERUSAHAAN/PARENT COMPANY
LAPORAN PERUBAHAN EKUITAS STATEMENTS OF CHANGES IN EQUITY
UNTUK TAHUN - TAHUN YANG BERAKHIR FOR THE YEARS ENDED
31 DESEMBER 2025, 2024, DAN 2025 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Keuntungan/(kerugian) yang
belum direalisasi atas efek-
efek dan obligasi pemerintah Saldo laba yang
diukur pada nilai wajar telah ditentukan
Cadangan melalui penghasilan penggunaannya -
kompensasi komprehensif lain - bersih/ cadangan umum Saldo laba yang
berbasis Unrealised gains/(losses) on dan wajib/ belum ditentukan
Tambahan saham/ Selisih penilaian fair value through other Appropriated penggunaannya*)/
modal disetor/ Share based kembali aset tetap/ comprehensive income retained earnings - Unappropriated
Modal saham/ Additional compensation Reserve on revaluation marketable securities and Saham tresuri/ general and retained
Share capital paid in capital reserve of fixed assets government bonds - net Treasury shares statutory reserve earnings*) Jumlah/ Total
Saldo 1 Januari 2025 1,612,787 7,135,003 90,994 4,176,647 (963,166) (5,649) 351,538 38,553,464 50,951,618 Balance as at 1 January 2025
Jumlah laba komprehensif Total comprehensive income
tahun berjalan: for the current year:
- Laba bersih - - - - - - - 6,778,889 6,778,889 Net income -
- Penghasilan komprehensif lain *) - - - 518,758 1,401,857 - - 43,481 1,964,096 Other comprehensive income *) -
- - - 518,758 1,401,857 - - 6,822,370 8,742,985
Transaksi dengan pemilik dalam kapasitasnya Transaction with owners in their capacity
sebagai pemilik: as owners:
- Pembagian dividen tunai atas laba bersih Distribution of cash dividend -
tahun buku 2024 - - - - - - - (3,915,399) (3,915,399) on 2024 financial year net income
- Pelepasan saham tresuri - 16 - - - 3,283 - - 3,299 Issuance of treasury shares -
- Penjualan aset tetap revaluasian - - - - - - 20,247 20,247 Sale of revalued fixed assets-
- Cadangan kompensasi berbasis saham - - (6,662) - - - - - (6,662) Shared based compensation reserve -
- 16 (6,662) - - 3,283 - (3,895,152) (3,898,515)
Saldo 31 Desember 2025 1,612,787 7,135,019 84,332 4,695,405 438,691 (2,366) 351,538 41,480,682 55,796,088 Balance as at 31 December 2025
PT BANK CIMB NIAGA TBK 2025 Annual Report
*) Termasuk di dalam saldo laba yang belum ditentukan penggunaannya merupakan pengukuran kembali atas program imbalan pasti Amounts included in unappropriated retained earnings *)
setelah pajak are the remeasurement of post-employment benefits obligation net of tax
Halaman – 5/310 – Page
Page 960
INFORMASI KEUANGAN TAMBAHAN/SUPPLEMENTARY FINANCIAL INFORMATION
PT BANK CIMB NIAGA Tbk
INDUK PERUSAHAAN/PARENT COMPANY
LAPORAN PERUBAHAN EKUITAS STATEMENTS OF CHANGES IN EQUITY
UNTUK TAHUN - TAHUN YANG BERAKHIR FOR THE YEARS ENDED
31 DESEMBER 2025, 2024, DAN 2025 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Kerugian yang belum
direalisasi atas efek-efek dan
obligasi pemerintah diukur Saldo laba yang
pada nilai wajar melalui telah ditentukan
Cadangan penghasilan komprehensif penggunaannya -
kompensasi lain - bersih/ cadangan umum Saldo laba yang
berbasis Unrealised losses on fair dan wajib/ belum ditentukan
Tambahan saham/ Selisih penilaian value through other Appropriated penggunaannya*)/
modal disetor/ Share based kembali aset tetap/ comprehensive income retained earnings - Unappropriated
Modal saham/ Additional compensation Reserve on revaluation marketable securities and Saham tresuri/ general and retained
Share capital paid in capital reserve of fixed assets government bonds - net Treasury shares statutory reserve earnings*) Jumlah/ Total
Saldo 1 Januari 2024 1,612,257 7,068,257 137,123 4,181,209 (879,270) (135,104) 351,538 35,123,051 47,459,061 Balance as at 1 January 2024
Jumlah laba komprehensif Total comprehensive income
PT BANK CIMB NIAGA TBK 2025 Annual Report
tahun berjalan: for the current year:
- Laba bersih - - - - - - - 6,525,666 6,525,666 Net income -
- Penghasilan komprehensif lain *) - - - (4,562) (83,896) - - (15,483) (103,941) Other comprehensive income *) -
- - - (4,562) (83,896) - - 6,510,183 6,421,725
Transaksi dengan pemilik dalam kapasitasnya Transaction with owners in their capacity
sebagai pemilik: as owners:
- Pembagian dividen tunai atas laba bersih Distribution of cash dividend -
tahun buku 2023 - - - - - - - (3,084,362) (3,084,362) on 2023 financial year net income
- Pelepasan saham tresuri - 66,746 - - - 129,455 - - 196,201 Issuance of treasury shares -
- Penerbitan saham biasa 530 - - - - - 530 Issuance of ordinary share -
- Penjualan aset tetap revaluasian - - - - - - 4,592 4,592 Sale of revalued fixed assets-
- Cadangan kompensasi berbasis saham - - (46,129) - - - - - (46,129) Shared based compensation reserve -
530 66,746 (46,129) - - 129,455 - (3,079,770) (2,929,168)
Saldo 31 Desember 2024 1,612,787 7,135,003 90,994 4,176,647 (963,166) (5,649) 351,538 38,553,464 50,951,618 Balance as at 31 December 2024
*) Termasuk di dalam saldo laba yang belum ditentukan penggunaannya merupakan pengukuran kembali atas program imbalan pasti Amounts included in unappropriated retained earnings *)
setelah pajak are the remeasurement of post-employment benefits obligation net of tax
Halaman – 5/311 – Page
Page 961
INFORMASI KEUANGAN TAMBAHAN/SUPPLEMENTARY FINANCIAL INFORMATION
PT BANK CIMB NIAGA Tbk
INDUK PERUSAHAAN/PARENT COMPANY
LAPORAN PERUBAHAN EKUITAS STATEMENTS OF CHANGES IN EQUITY
UNTUK TAHUN - TAHUN YANG BERAKHIR FOR THE YEARS ENDED
31 DESEMBER 2025, 2024, DAN 2025 31 DECEMBER 2025, 2024, AND 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
(Kerugian)/keuntungan yang
belum direalisasi atas efek-efek
dan obligasi pemerintah diukur Saldo laba yang
pada nilai wajar melalui telah ditentukan
penghasilan komprehensif lain - penggunaannya -
Cadangan bersih/ cadangan umum dan
kompensasi Unrealised (losses)/gains on fair wajib/ Saldo laba yang
Tambahan berbasis saham/ Selisih penilaian kembali value through other Appropriated belum ditentukan
modal disetor/ Share-based aset tetap/ comprehensive income retained earnings - penggunaannya*)/
Modal saham/ Additional paid- compensation Reserve on revaluation of marketable securities and Saham treasuri/ general and Unappropriated Jumlah/
Share capital in capital reserve fixed assets government bonds - net Treasury shares statutory reserve retained earnings*) Total
Saldo 1 Januari 2023 1,612,257 7,033,450 137,105 4,180,033 (1,148,728) (249,459) 351,538 31,847,895 43,764,091 Balance as at 1 January 2023
Jumlah laba komprehensif tahun Total comprehensive income
berjalan: for the current year:
- Laba bersih - - - - - - - 6,168,723 6,168,723 Net income -
- Penghasilan komprehensif lain *) - - - 1,176 269,458 - - (21,725) 248,909 Other comprehensive income *) -
- - - 1,176 269,458 - - 6,146,998 6,417,632
Transaksi dengan pemilik dalam kapasitasnya Transaction with owners in their capacity
sebagai pemilik: as owners:
- Pembagian dividen tunai atas laba bersih Distribution of cash dividend -
tahun buku 2022 - - - - - - - (2,871,842) (2,871,842) on 2022 financial year net income
- Pelepasan saham treasuri - 34,807 - - - 114,355 - - 149,162 Issuance of treasury shares -
- Cadangan kompensasi berbasis saham - - 18 - - - - - 18 Shared based compensation reserve -
- 34,807 18 - - 114,355 - (2,871,842) (2,722,662)
Saldo 31 Desember 2023 1,612,257 7,068,257 137,123 4,181,209 (879,270) (135,104) 351,538 35,123,051 47,459,061 Balance as at 31 December 2023
PT BANK CIMB NIAGA TBK 2025 Annual Report
*) Termasuk di dalam saldo laba yang belum ditentukan penggunaannya merupakan pengukuran kembali atas program imbalan pasti Amounts included in unappropriated retained earnings *)
setelah pajak are the remeasurement of post-employment benefits obligation net of tax
Halaman – 5/312 – Page
Page 962
INFORMASI KEUANGAN TAMBAHAN/SUPPLEMENTARY FINANCIAL INFORMATION
PT BANK CIMB NIAGA Tbk
INDUK PERUSAHAAN/PARENT COMPANY
LAPORAN ARUS KAS STATEMENTS OF CASH FLOWS
UNTUK TAHUN - TAHUN YANG BERAKHIR FOR THE YEARS ENDED
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, and 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2025 2024 2023
Arus kas dari aktivitas operasi Cash flow from operating activities
Pendapatan bunga, provisi, dan komisi yang diterima 25,416,069 25,715,334 23,609,569 Receipts of interest, fees, and commissions income
Bunga, provisi, dan komisi yang dibayar (10,672,592) (10,468,787) (8,465,285) Payments of interest, fees, and commissions
Penghasilan operasional lainnya yang diterima 687,629 868,340 426,683 Other operating income received
Penerimaan bersih dari transaksi derivatif (140,353) 1,364,812 1,212,612 Net proceeds from derivative transactions
Beban operasional lainnya (7,492,776) (6,459,518) (5,605,854) Other operating expenses
Pendapatan bukan operasional - bersih 335,290 577,922 108,836 Non operating income - net
Pajak penghasilan yang dibayar selama
periode berjalan (1,849,225) (385,313) (1,565,625) Income tax paid during the period
Arus kas sebelum perubahan dalam Cash flow before changes in
aset dan liabilitas operasi 6,284,042 11,212,790 9,720,936 operating assets and liabilities
Perubahan dalam aset dan liabilitas : Changes in assets and liabilities :
Efek-efek dan Obligasi Pemerintah Fair value through profit or loss
untuk tujuan diukur pada nilai wajar melalui laba rugi (287,066) (4,015,903) (9,355,235) marketable securities and Government Bonds
Efek-efek yang dibeli dengan Securities purchased under
janji dijual kembali 612,579 3,546,555 (4,649,080) resale agreements
Kredit yang diberikan (13,127,123) (14,765,294) (18,369,810) Loans
Tagihan akseptasi 878,323 (1,659,709) 1,004,505 Acceptance receivables
Kenaikan/(penurunan) liabilitas: Increase/(decrease) in liabilities:
Simpanan nasabah 9,545,693 20,175,284 8,635,727 Deposits from customers
Simpanan dari bank lain 1,381,362 4,199,021 (745,565) Deposits from other banks
Efek-efek yang dijual dengan janji dibeli kembali 225,995 (9,137,863) 14,364,099 Securities sold under repurchase agreement
Liabilitas akseptasi (878,385) 1,659,709 (1,004,505) Acceptance payables
Utang pajak (95,988) (128,361) 50,625 Taxes payable
Kas bersih yang diperoleh dari/(digunakan untuk) Net cash provided from/(used in)
aktivitas operasi 4,539,432 11,086,229 (348,303) operating activities
Arus kas dari aktivitas investasi Cash flow from investing activities
Penambahan atas penyertaan - (20,000) - Addition in investments
Pembelian efek-efek dan Obligasi Purchasing of fair value through other
Pemerintah - diukur pada nilai wajar melalui penghasilan comprehensive income and amortised cost marketable
komprehensif lain dan biaya perolehan diamortisasi (36,965,486) (55,420,337) (15,393,347) securities and Government Bonds
Penjualan efek-efek dan Obligasi Selling of fair value through other
Pemerintah - diukur pada nilai wajar melalui penghasilan comprehensive income and amortised cost marketable
komprehensif lain dan biaya perolehan diamortisasi 45,454,852 49,133,878 10,092,371 securities and Government Bonds
Hasil penjualan aset tetap - bersih 28,162 8,382 5,782 Proceeds from sale of fixed assets - net
Pembelian aset tetap (233,223) (481,194) (269,888) Acquisition of fixed assets
Pembelian aset takberwujud (444,299) (440,215) (410,064) Acquisition of intangible assets
Penambahan penyertaan pada entitas anak - - (300,000) Addition of investment in subsidiary
Kas bersih yang diperoleh dari/(digunakan untuk) Net cash provided from/(used in)
aktivitas investasi 7,840,006 (7,219,486) (6,275,146) investing activities
Halaman – 5/313 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 963
INFORMASI KEUANGAN TAMBAHAN/SUPPLEMENTARY FINANCIAL INFORMATION
PT BANK CIMB NIAGA Tbk
INDUK PERUSAHAAN/PARENT COMPANY
LAPORAN ARUS KAS STATEMENTS OF CASH FLOWS
UNTUK TAHUN - TAHUN YANG BERAKHIR FOR THE YEARS ENDED
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, and 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2025 2024 2023
Arus kas dari aktivitas pendanaan Cash flow from financing activities
Pembayaran pokok dan bunga dari Payment of principal and interest from
efek-efek yang diterbitkan dan pinjaman subordinasi (405,654) (1,017,199) (533,176) marketable securities issued and subordinated loans
Pembayaran dividen (3,915,399) (3,084,362) (2,871,842) Dividend paid
Saham treasuri 3,283 129,455 - Treasury shares
Penambahan atas pinjaman yang diterima 2,484,000 2,601,500 2,463,520 Addition of borrowings
Pembayaran atas bunga dan pinjaman yang diterima (5,093,500) (2,463,520) - Payment of interest and borrowings
Pembayaran atas pinjaman subordinasi (75,000) (83,000) (75,000) Payment of subordinated loans
Pembayaran liabilitas sewa (154,799) (160,305) - Payment of lease liabilities
Penambahan modal saham - 530 - Addition of shares equity
Kas bersih yang digunakan untuk Net cash used in
aktivitas pendanaan (7,157,069) (4,076,901) (1,016,498) financing activities
Pengaruh perubahan kurs mata uang Effects on exchange rate differences
pada kas dan setara kas 79,162 203,035 (102,346) in cash and cash equivalent
Kenaikan/(penurunan) bersih kas dan setara kas 5,301,531 (7,123) (7,742,293) Net increase/(decrease) in cash and cash equivalent
Kas dan setara kas pada awal periode 24,274,252 24,281,375 32,023,668 Cash and cash equivalent at beginning of the period
Kas dan setara kas pada akhir periode 29,575,783 24,274,252 24,281,375 Cash and cash equivalent at end of the period
Kas dan setara kas terdiri dari: Cash and cash equivalent consist of:
Kas 3,657,201 3,649,991 3,928,228 Cash
Giro pada Bank Indonesia 11,670,605 9,990,709 13,180,254 Current accounts with Bank Indonesia
Giro pada bank lain 1,742,534 2,446,256 2,501,677 Current accounts with other banks
Penempatan pada bank lain dan Bank Indonesia Placements with other banks and Bank Indonesia
jangka waktu jatuh tempo tiga bulan atau mature within three months or less
kurang sejak tanggal perolehan 11,833,388 5,047,395 4,541,702 since acquisition date
Sertifikat Rupiah Bank Indonesia Bank Indonesia Rupiah Securities
jangka waktu jatuh tempo tiga bulan atau mature within three months or less
kurang sejak tanggal perolehan 672,055 3,139,901 129,514 since acquisition date
Jumlah kas dan setara kas 29,575,783 24,274,252 24,281,375 Total cash and cash equivalents
Halaman – 5/314 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 964
INFORMASI KEUANGAN TAMBAHAN/SUPPLEMENTARY FINANCIAL INFORMATION
PT BANK CIMB NIAGA Tbk
INDUK PERUSAHAAN/PARENT COMPANY
LAPORAN ARUS KAS STATEMENTS OF CASH FLOWS
UNTUK TAHUN - TAHUN YANG BERAKHIR FOR THE YEARS ENDED
31 DESEMBER 2025, 2024, DAN 2023 31 DECEMBER 2025, 2024, and 2023
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Informasi tambahan arus kas: Supplemental cash flows information:
Aktivitas yang tidak mempengaruhi arus kas Activities not affecting cash flows
Perubahan non kas/Non-cash changes
Arus kas/ Amortisasi diskonto dan premi/ Pergerakan valuta asing/
2024 Cash flow Amortisation of discount and premium Foreign currency movement 2025
Rekonsiliasi liabilitas yang timbul Reconciliation of liabilities arising from
dari aktivitas pendanaan financing activities
Kas dan setara kas 24,274,252 5,222,369 - 79,162 29,575,783 Cash and cash equivalents
Investasi likuid 272,069 39,244 - - 311,313 Liquid investments
Efek-efek yang diterbitkan (391,000) (391,000) - - - Marketable securities issued
Pinjaman yang diterima (2,609,500) (2,609,500) - - - Borrowings
Pinjaman subordinasi (74,514) (75,000) (486) - - Subordinated loans
Utang bersih 21,471,307 2,186,113 (486) 79,162 29,887,096 Net debt
Perubahan non kas/Non-cash changes
Arus kas/ Amortisasi diskonto dan premi/ Pergerakan valuta asing/
2023 Cash flow Amortisation of discount and premium Foreign currency movement 2024
Rekonsiliasi liabilitas yang timbul Reconciliation of liabilities arising from
dari aktivitas pendanaan financing activities
Kas dan setara kas 24,281,375 (210,158) - 203,035 24,274,252 Cash and cash equivalents
Investasi likuid 458,785 (186,716) - - 272,069 Liquid investments
Efek-efek yang diterbitkan (1,300,476) (910,000) (524) - (391,000) Marketable securities issued
Pinjaman yang diterima (2,463,520) 145,980 - - (2,609,500) Borrowings
Pinjaman subordinasi (155,619) - 81,105 - (74,514) Subordinated loans
Utang bersih 20,820,545 (1,160,894) 80,581 203,035 21,471,307 Net debt
Perubahan non kas/Non-cash changes
Arus kas/ Amortisasi diskonto dan premi/ Pergerakan valuta asing/
2022 Cash flow Amortisation of discount and premium Foreign currency movement 2023
Rekonsiliasi liabilitas yang timbul Reconciliation of liabilities arising from
dari aktivitas pendanaan financing activities
Kas dan setara kas 32,023,668 (7,639,947) - (102,346) 24,281,375 Cash and cash equivalents
Investasi likuid 302,056 156,729 - - 458,785 Liquid investments
Efek-efek yang diterbitkan (1,704,938) (407,710) (3,248) - (1,300,476) Marketable securities issued
Pinjaman yang diterima - 2,463,520 - - (2,463,520) Borrowings
Pinjaman subordinasi (228,311) - 72,692 - (155,619) Subordinated loans
Utang bersih 30,392,475 (5,427,408) 69,444 (102,346) 20,820,545 Net debt
Halaman – 5/315 – Page
PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 965
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) shareholders and
has a paid-up capital of at least Rp3,000,000,000.00 (three billion rupiah) or a number of shareholders and √
paid-up capital as determined by the Financial Services Authority
d. A Public Company is an Issuer that has made a public offering of equity securities or a Publically- listed
√
Company
e. A Sustainability Report is a report published to the public that contains the economic, financial, social,
and environmental performance of a financial service institution, Issuer, and Public Company in running a √
sustainable business
f Board of Directors:
1) For an Issuer or a Public Company in the form of a limited liability company, it is the Board of Directors
as referred to in the Financial Services Authority Regulation concerning the Board of Directors and √
Board of Commissioners of an Issuer or Public Company; and
2) For an Issuer or a Public Company in the form of a legal entity other than a limited liability company,
it is the body that carries out the management of the legal entity as referred to in the laws and √
regulations concerning the legal entity.
g. Board of Commissioners:
1) For an Issuer or a Public Company in the form of a limited liability company, the Board of
Commissioners as referred to in the Financial Services Authority Regulation concerning the Board of √
Directors and Board of Commissioners of an Issuer or Public Company; and
2) For the Issuer or Public Company in the form of a legal entity other than a limited liability company, it
is the body that supervises the legal entity as referred to in the laws and regulations concerning the √
legal entity.
h. General Meeting of Shareholders hereinafter abbreviated as GMS:
1) For an Issuer or a Public Company in the form of a limited liability company, it is the GMS as referred
to in the Financial Services Authority Regulation concerning the Planning and Organizing of the √
General Meeting of Shareholders of a Public Company; and
2) For an Issuer or Public Company in the form of a legal entity other than a limited liability company,
it is the body that has authority that is not given to any other body that carries out management
√
and supervisory functions, within the limits specified in the legislation and/or articles of association
governing the legal entity.
2. The Annual Report of Issuers or Public Companies is an important source of information for investors or
shareholders as one of the basic considerations in making investment decisions and a means of supervision of √
Issuers or Public Companies.
3. Along with the development of the capital market and the increasing need for information disclosure by
investors or shareholders, the Board of Directors and the Board of Commissioners are required to present √
quality, accurate, and accountable information through the Annual Reports of Issuers or Public Companies.
4. Annual Reports that are prepared regularly and informatively can provide convenience for investors or
√
shareholders and stakeholders in obtaining the required information.
5 This Financial Services Authority Circular is a guideline for Issuers or Public Companies that must be applied in
√
preparing Annual Reports and Sustainability Reports.
PT BANK CIMB NIAGA TBK 2025 Annual Report 967
Page 966
Description Page
II. Format of Annual Report
1. Annual Report should be presented in the printed format and in electronic document copy. √
2. The printed version of the Annual Report should be printed on light-colored paper of fine quality, in A4 size,
√
bound and can be reproduced in good quality.
3. The Annual Report may present information in the form of pictures, graphs, tables, and/or diagrams by
√
including clear titles and/or descriptions, so that they are easy to read and understand.
4. The Annual Report presented in electronic document format is the Annual Report converted into pdf format. √
III. Content of Annual Report
1. Annual Report should contain at least the following information:
a. Summary of key financial information; 16
b. Stock information (if any); 21
c. The Board of Directors report; 42
d. The Board of Commissioners report; 30
e. Profile of Issuer or Public Company; 70
f. Management discussion and analysis; 144
g. Corporate governance applied by the Issuer or Public Company; 404
h. Corporate social and environmental responsibility of the Issuer or Public Company; 614
i. Audited annual report; and 629
j. Statement that the Board of Directors and the Board of Commissioners are fully responsible for the Annual
64
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 Company
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 controlling
interest;
7) earning (loss) per share; 16-18
8) total assets;
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 industry;
968 PT BANK CIMB NIAGA TBK 2025 Annual Report
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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 covering:
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 21-22
shares listed on; and
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; 22
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 for the 22
suspension and/or delisting; and
4) in the event that the suspension and/or delisting as referred to in point 3) was still in effect until the
date of the Annual Report, then the Issuer or the Public Company should also explain the corporate 22
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; 44-46
b) Role of the Board of Directors in formulating strategies and strategic policies of Issuers or Public
46
Companies;
c) Process carried out by the Board of Directors to ensure the implementation of the Issuer’s or
46
Public Company’s strategy;
d) comparison between achievement of results and targets; and 46-47
e) challenges faced by the Issuer or Public Company; 47
2) description on business prospects; 49-50
3) implementation of good corporate governance by Issuer or Public Company; and 53-54
4) changes in the composition of the Board of Directors and the reason behind (if any); 57
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
32-33
Company;
2) Supervision on the implementation of the strategy of the Issuer or Public Company; 33-34
3) View on the business prospects of the Issuer or Public Company as established by the Board of
34-35
Directors;
4) View on the implementation of the corporate governance by the Issuer or Public Company; 37
5) Changes in the composition of the Board of Commissioners and the reason behind (if any); and 39
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 effective date
70, 73
of the change of name during the year under review;
PT BANK CIMB NIAGA TBK 2025 Annual Report 969
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Description Page
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; 70
c) Facsimile number;
d) E-mail address; and
e) Website address;
3) Brief history of the Issuer or Public Company; 71-72, 74-75
4) Vision and mission of the Issuer or Public Company; 76
5) Line of business according to the latest Articles of Association, and types of products and/or services
83-85
produced;
6) Operational area of the Issuer or Public Company 86-87
7) Structure of organization of the Issuer or Public Company in chart form, at least 1 (one) level below the
79-82
Board of Directors, with the names and titles;
8) List of industry association memberships both on a national and international scale related to the
73
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; 92-96
(2) Dual position, as member of the Board of Directors, member of the Board of
Commissioners, 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;
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; 88-91
(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 controllers
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;
970 PT BANK CIMB NIAGA TBK 2025 Annual Report
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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 Report
98
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/
104-105
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;
b) Commissioners and Directors who own shares of the Issuers or Public Company; and 108-113
c) Groups of public shareholders, or groups of shareholders, each with less than 5% (five percent)
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
110-113
year, including information on shareholders registered in the shareholder register for the benefit of
indirect ownership of members of the Board of Directors and members of the Board of Commissioners;
15) Number of shareholders and ownership percentage at the end of the fiscal year, based on:
a) Ownership of local institutions;
b) Ownership of foreign institutions; 110
c) Ownership of local individual; and
d) Ownership of foreign individual;
16) Information on major shareholders and controlling shareholders the Issuers of Public Company,
116
directly or indirectly, and also individual shareholder, presented in the form of scheme or diagram;
17) Name of subsidiaries, associated companies, joint venture controlled by Issuers or Public Company,
with entity, percentage of stock ownership, line of business, total assets and operating status of the
Issuers of Public Company (if any); 118-120
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 Company 114
shares are listed;
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, interest 115
rate/yield, maturity date, offering value, and securities rating (if any);
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;
121-122
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 and
122
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; 147-188
b) Income/sales; and
c) Profitability;
PT BANK CIMB NIAGA TBK 2025 Annual Report 971
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Description Page
2) comprehensive financial performance analysis which includes a comparison between the financial
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; 189-216
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; 233-226
4) Accounts receivable collectability of the Issuer or Public Company, including the computation of the
226-227
relevant ratios;
5) Capital structure and management policies concerning capital structure, including the basis for
228-229
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;
229
c) Currency of denomination; and
d) Steps taken by the Issuer of Public Company to protect the position of a related foreign currency
against risks;
7) Discussion on investment of capital goods which was realized in the last fiscal year, at least include:
a) Type of investment of capital goods;
230
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); 235
9) Information on the prospects of the Issuer or the Company in connection with industry,economy in
253-254
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);
231
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);
232
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, among
248-252
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;
c) Amount of cash per share (cash and/or non cash); and 232--233
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.
972 PT BANK CIMB NIAGA TBK 2025 Annual Report
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Description Page
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 235
b) In the event that there were changes in the use of proceeds as stipulated in the Regulation of
the Financial Services Authority on the Report of the Utilization of Proceeds from Public Offering,
then Issuer should explain the said changes;
15) Material information (if any), among others concerning investment, expansion, divestment, acquisition,
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: 236-240
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 accordance
with generally accepted business practices, by complying with the arms-length principle; and
2) The role of the Board of Commissioners and the audit committee in carrying out adequate
procedures to ensure that affiliated transactions are carried out in accordance with
generally accepted business practices, by complying with the arms-length principle;
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
explanation is added that the affiliated transactions or material transactions are business activities
carried out to generate operating income. and run regularly, repeatedly, and/or continuously;
h) For disclosure of affiliated transactions and/or conflict of interest transactions resulting from the
implementation of affiliated transactions and/or conflict of interest transactions that have been
approved by independent shareholders, additional information regarding the date of the GMS
which approved the affiliated transactions and/or conflict of interest transactions is added; 237-240
i) In the event that there is no affiliated transaction and/or conflict of interest transaction, then this
shall be disclosed;
16) Changes in regulation which have a significant effect on the Issuer or Public Company and impacts on
the company (if any); and 242-245
17) Changes in the accounting policy, rationale and impact on the financial statement (if any);
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 413-434
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;
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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 any);
and 449-471
(2) Training and/or competency improvement attended by members of the Board of Directors
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, meetings
of the Board of Commissioners with the Board of Directors and the level of attendance of members
of the Board of Commissioners in these meetings including attendance at the GMS;
d) Training and/or competency improvement of members of the Board of Commissioners:
(1) Policy on competency training and/or development of members of the Board of Commissioners,
including orientation programs for newly appointed members of the Board of Commissioners (if
any); and
(2) Competency training and/or development attended by members of the Board of Commissioners
in the fiscal year (if any); 435-449
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;
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 nomination 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:
474-481
(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
974 PT BANK CIMB NIAGA TBK 2025 Annual Report
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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;
97-98, 604-612
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, and/
or member of committee, and other position (if any); and 484-491
(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;
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 Company;
f) Period and term of office of the committee members; 499-506
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;
PT BANK CIMB NIAGA TBK 2025 Annual Report 975
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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 491-498, 507-521
(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 attendance
of committee members at the meeting; and
l) A brief description of the committee’s activities for the fiscal year;
9) Corporate Secretary, including:
a) name;
b) domicile;
c) history of position, including:
(1) legal basis for the appointment as Corporate Secretary; and
522-524
(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); 525-532
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
b) Review on the effectiveness of internal control systems; 550-552
c) Statement of the Board of Directors and/or Board of Commissioners on the adequacy of the internal control
system;
976 PT BANK CIMB NIAGA TBK 2025 Annual Report
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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
545-549
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; 552-554
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 555
authorities during the last fiscal year (if any);
15) information about codes of conduct of the Issuer or Public Company, includes:
a) Key points of the code of conduct;
b) Socialization of the code of conduct and enforcement; and 563-565
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);
Information disclosed on the compensation in the form of a management stock ownership program
(MSOP) and/or employee stock ownership program (ESOP) shall at least include:
571
a) Number of shares and/or options;
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
Commissioners no later than 3 (three) working days after the occurrence of ownership or any 558
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;
576-580
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,
556-557
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 issuing
Equity-based Securities or Public Company, including:
a) statement regarding recommendation that have been implemented; and/or 591-594
b) description of recommendation that have not been implemented, along with the reason and
alternatives of implementation (if any);
PT BANK CIMB NIAGA TBK 2025 Annual Report 977
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h. Social and Environmental Responsibility of the Issuer or Public Company
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
√
concerning the Implementation of Sustainable Finance for Financial Services Institutions, Issuers, and
Public Companies, at at least includes:
a) Explanation of the sustainability strategy; √
b) Overview of sustainability aspects (economic, social, and environmental); √
c) Brief profile of the Issuer or Public Company; √
d) Explanation of the Board of Directors; √
e) Sustainability governance; √
f) Sustainability performance; √
g) Written verification from an independent party, if any; √
h) Feedback sheet for readers, if any; and √
i) The response of the Issuer or Public Company to the previous year’s report feedback; √
2) The Sustainability Report as referred to in number 1) must be prepared in accordance with the
Technical Guidelines for the Preparation of a Sustainability Report for Issuers and Public Companies as √
contained in Appendix II which is an integral part of this Financial Services Authority Circular Letter;
3) Information on the Sustainability Report in number 1) can:
a) Disclosed in other relevant sections outside the Social and Environmental Responsibility section,
such as the Directors’ explanation regarding the Sustainability Report disclosed in the section
related to the Directors’ Report; and/or
b) Refers to other sections outside the Social and Environmental Responsibility section by still
referring to the Technical Guidelines for the Preparation of Sustainability Reports for Issuers
√
and Public Companies as listed in Appendix II which is an integral part of this Financial Services
Authority Circular Letter, such as the profile of the Issuer or Public Company;
4) The Sustainability Report as referred to in number 1) is an inseparable part of the Annual Report but
√
can be presented separately from the Annual Report;
5) In the event that the Sustainability Report is presented separately from the Annual Report, the
information disclosed in the Sustainability Report must:
a) Contains all the information as referred to in number 1); and √
b) Prepared in accordance with the Technical Guidelines for the Preparation of a Sustainability
Report for Issuers and Public Companies as listed in Appendix II which is an integral part of this √
Financial Services Authority Circular Letter;
6) In the event that the Sustainability Report is presented separately from the Annual Report, then the
Social and Environmental Responsibility section contains information that information on Social
√
and Environmental Responsibility has been disclosed in the Sustainability Report which is presented
separately from the Annual Report; and
7) Submission of the Sustainability Report which is presented separately from the Annual Report must be
√
submitted together with the Annual Report.
i Audited Annual Financial Statement
Financial Statements included in Annual Report should be prepared in accordance with the Financial
Accounting Standards in Indonesia and audited by an Accountant. The said financial statement should
be included with statement of responsibility for financial report as stipulated in the legislations in the
629-966
Capital Markets sector governing the responsibility of the Board of Directors on the financial report or the
legislations in the Capital Markets sector governing the periodic reports of securities company in the event
the Issuer is a Securities Company; and
j Letter of Statement of the Board of Directors and the Board of Commissioners regarding the Responsibility
for Annual Reporting
Letter of statement of the Board of Directors and the Board of Commissioners regarding the responsibility
for Annual Reporting should be prepared according to the format of letter of statement of member of
Board of Directors and the Board of Commissioners regarding the responsibility for Annual Reporting as 64-65
attached in the Attachment, which is an integral part of this Circulation Letter of the Financial Services
Authority.
978 PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 977
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 64-65, 632
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; 16
2. Operating profit (loss); 16
3. Profit (loss) for the current year before tax; 16
4. Net profit (loss); 16
5. Total comprehensive income (loss); 16
6. Net income per share; 16
7. Total assets; 16
8. Total liabilities; 16
9 Total equity; 16
10. Earning assets; 16
11. Third party funds; 16
12. Borrowings; 16
13. Securities issued; 16
14. KPMM ratio including ATMR figures; 17
15. Non-performing productive assets and non-performing non-productive assets to total productive assets
17
and non-productive assets;
16. Non-performing productive assets to total productive assets; 17
17. CKPN financial assets to productive assets; 17
18. NPL gross; 17
19. NPL net; 17
20. KKR; 17
21. Return on Asset (ROA); 17
22. Return on Equity (ROE); 17
23. Net Interest Magin (NIM); 17
24. Profit (loss) to income ratio; 17
25. Operating Expenses to Operating Income Ratio (BOPO); 17
26. Cost to Income Ratio (CIR); 17
27. Loan to Deposit Ratio (LDR); 18
PT BANK CIMB NIAGA TBK 2025 Annual Report 979
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Description Page
28. PPKA; 18
29. AYDA; 18
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 18
credit limits;
31. Mandatory Minimum Reserves (GWM) Ratio; 18
32. Net Open Position (PDN) Ratio; and 18
33. Other information and ratios relevant to the banking industry. 18
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 change in
70, 73
the financial year;
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;
70
b. Telephone number;
c. E-mail address; and
d. Website address;
3. Brief profile of the Bank; 71-72, 74-75
4. Vision and mission of the Bank (corporate culture) or value of the Bank; 76
5. Line(s) of business according to the latest articles of association, business activities performed in the Financial
83-85
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 operational
86-87
activities;
7. The organizational structure of the Bank in the form of a chart, at least up to one (1) level below the board
of directors, including committees under the board of directors (if any) and committees under the board of
79-82
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; 109
b Members of the Board of Directors and Board of Commissioners that own shares of the Bank; 110-112
c Public shareholders, that is, shareholders that each held less than 5% (five percent) of shares of the Bank; 109
d Information on the majority and controlling shareholder(s) of the Bank, direct or indirect, up to the individual
116
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; 110-112
9. Name of subsidiaries, associated company or joint venture company where the Bank exercise a joint control
with the entity, along with the percentage of shareownership, lines of business, total assets, and operating 118-120
status of the subsidiaries (if any);
10. For subsidiaries, include information on address of such subsidiaries; 118-120
980 PT BANK CIMB NIAGA TBK 2025 Annual Report
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Description Page
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;
88-96
g. Work history, including information on:
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
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 98
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; 99-103
14. Total headcount, and employee distribution in the Financial Year by education and age; and 104-105
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;
134-138
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 44-46
2. Comparison between achievement and targets; 46-47
3. Constraints faced by the Bank; 47
4. Overview of business prospects; 49-50
5. Implementation of Bank governance; 53-54
6. Primary activities; 47-48
7. Information Technology; 53
8. Types of products and services offered by Banks and UUS (for Banks that have UUS), including lending
47-48
and/or financing to micro, small, and medium enterprise debtors;
9. Interest rates for funding collection during 1 (one) fiscal year; 48
10. The prime lending rate in accordance with the Financial Services Authority Regulation on transparency
48
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; 49-50
12. Business networks and partners within and/or overseas, including the number of laku pandai agents owned
and the distribution of laku pandai agents at least in aggregate per district or city. The term “laku pandai” is in
48
accordance with the Financial Services Authority Regulation on financial services without offices in the context
of inclusive finance;
PT BANK CIMB NIAGA TBK 2025 Annual Report 981
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Description Page
13. Significant changes that occurred in the Bank and the Bank's business group during the relevant year; 48-49
14. Important matters anticipated to occur in the future; and 50
15. Human resources, covering quantity, education level, training, and human resource development. 52-53
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; 33
2. Supervision of the implementation of Bank’s strategies; 33-34
3. Opinion on the business prospects as prepared by the Board of Directors; 34-35
4. Opinion on the implementation of Bank governance;
37
5. Frequency and mechanism for advising members of the Board of Directors;
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), covering
147-188
at minimum the Bank's profitability;
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; 193-204
b. Third party funds and other sources of funding; 204-208
c. Equity; 208-209
d. Revenues, expenses, profit (loss), other comprehensive income, and total comprehensive profit (loss); 210-215
e. Cash flows; and 216
f. Prime lending rate; 217-218
3. Analysis of the quality of earning assets and relevant financial ratios, such as the causes of increases or
226-227
decreases in the quality of earning assets and mitigation measures taken by the Bank;
4. Capital structure of the Bank; 228-229
5. Material information and facts subsequent to the date of accountant report (if any); and 235
6. Marketing aspects of Bank’s products, at least on marketing strategy and market share; 248-252
D. Banks that operate a Sharia Business Unit (UUS) must include UUS-related information in their Published
Financial Reports and annual financial performance disclosures, in accordance with the Financial Services 179-186,
Authority regulations concerning transparency and reporting for Islamic commercial banks and sharia 604-612
business units.
IV. Information on Risk Exposure and Capital
Risk Exposure and Capital Reports include the annual Risk Exposure and Capital Publication Report as stipulated in Part
260-369
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
exposure and total transaction value of related parties, categorized by related party type. The scope of related
240, 456
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.
982 PT BANK CIMB NIAGA TBK 2025 Annual Report
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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
116
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;
240, 456
c. short-term liquidity management within a business group;
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; 240, 456
D. Provision of funds, commitments, or other comparable facilities from any entity within the Bank's business
236, 558
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 or
meeting capital requirements required by the competent authorities between the Bank and other entities 236
within the same business group.
VII. Governance Implementation Report
The scope and guidelines for completion refer to the Financial Services Authority's provisions regarding the
404-613
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
55, 359-361
regulations regarding the integrity of bank financial reporting.
VIII. Financial reports audited by a public accountant registered with the Financial Services Authority, including the
629-966
independent auditor's report.
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Description Page
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 company
of a financial conglomerate in accordance with the Financial Services Authority Regulation concerning the 595-603
implementation of integrated governance for financial conglomerates;
B. A public company plan approved at a general meeting of shareholders that has not been implemented
within 12 (twelve) months from the date of approval at the general meeting of shareholders for a Bank
N.A.
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 concerning 572-573,
consumer and public protection in the financial services sector; 577-578
D. A sustainability report in accordance with the Financial Services Authority's provisions concerning the 567,
implementation of sustainable finance for financial services institutions, issuers, and public companies; Laporan
and/or Keberlanjutan
E. A report on the implementation of social and environmental responsibility in accordance with the provisions 616,
of laws and regulations concerning social and environmental responsibility for limited liability companies, Laporan
including social responsibility implemented by a UUS for Banks with UUS. Keberlanjutan
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.
984 PT BANK CIMB NIAGA TBK 2025 Annual Report
Page 983
PT BANK CIMB NIAGA TBK 2025 Annual Report 985
Page 984
2025 ANNUAL REPORT PT Bank CIMB Niaga Tbk KEJAR MIMPI, TURNING INSPIRATION INTO ACHIEVEMENT PT Bank CIMB Niaga Tbk Corporate Secretary Graha CIMB Niaga Jl. Jend Sudirman Kav. 58 Jakarta 12190, Indonesia Tel. : +62 21 250 5252, 250 5353 Fax. : +62 21 250 5205 E-mail : corporate.secretary@cimbniaga.co.id Facebook : CIMB Niaga X : @CIMBNiaga Instagram : cimb_niaga YouTube : CIMB Niaga LinkedIn : CIMB Niaga TikTok : cimb.niaga www.cimbniaga.co.id 986 PT BANK CIMB NIAGA TBK 2025 Annual Report
Names mentioned 157 people and organisations named in the text · linked when the evidence is strong
unresolved
org
Financial Services Authority
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Committees at
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Bank Reports CIMB Niaga Risk Oversight Committee
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—
Risk Oversight Committee
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—
Customer Protection Policy
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Nomination
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Bank Indonesia
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Bank Indonesia’s
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PT Bank Niaga
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Indonesia Stock Exchange
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Minister of Finance
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Investment Corporation
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PT Merchant Investment Corporation
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PT Finconesia
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PT Indonesian Investment International
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PT Inter-Pacific Financial Corporation
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PT Multinational Finance Corporation
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PT Mutual International Finance Corporation
p.23
unresolved
org
PT Private Development Finance
p.23
unresolved
org
PT Aseam Indonesia
p.23
unresolved
person
Drs. Siddharta
p.23
unresolved
person
Kantor Notaris Kartini Muljadi
p.23
unresolved
org
Bank Lippo Tbk
p.23 ×6
unresolved
org
PT Bank Subordianated Bond III
p.25
unresolved
org
Bank CIMB Niaga Year
p.25
unresolved
org
PT Bank Mudharabah I Bank CIMB
p.25 ×2
unresolved
org
PT Bank Bank CIMB Niaga Phase I
p.25
unresolved
org
PT Bank Subordianated Bond I
p.25
unresolved
org
Bank CIMB Niaga Phase I
p.25
unresolved
org
Bank Deposits
p.25
unresolved
org
Bank Management Committee
p.27
unresolved
org
Bank Indonesia. In
p.33
unresolved
org
PT DC Solutions. This
p.39
unresolved
org
PT Madani Solusi Niaga
p.56
unresolved
org
Bank Indonesia Regulation
p.62
unresolved
person
MA Chairman Dr. Yulizar Djamaluddin Sanrego
p.64 ×5
unresolved
org
SWIFT Code
· Company Name
p.72
unresolved
org
Ministry of Law and Human Rights
p.72
unresolved
org
PT Bank Agung
p.72 ×2
unresolved
org
PT Bank Tabungan Bandung
p.72 ×2
unresolved
org
PT Bank Amerta
p.72 ×2
unresolved
org
Minister of Justice
p.73
unresolved
org
Minister of Law
p.73 ×2
unresolved
org
PT Bursa Efek Surabaya
p.73
unresolved
org
Bapepam-LK
· Ketua
p.74 ×12
unresolved
person
Dr. Amrul Partomuan Pohan
p.74 ×5
unresolved
org
Bank Restructuring
p.74
unresolved
org
Minister of Law and Human Rights
p.74 ×3
unresolved
org
PT Bank Niaga Deed
p.75
unresolved
person
Impaired Loan
· Member
p.80
unresolved
person
Analytics
· Director
p.81
unresolved
person
H. Albert Suhandinata Head
p.81
unresolved
person
API VA Payment Ratam
p.82
unresolved
org
Bank Indonesia Certificates
p.82
unresolved
org
Bank Indonesia Foreign Exchange Securities
p.83
unresolved
org
Bank Indonesia Foreign Currency Sukuk
p.83
unresolved
org
Bank Draft
p.83
unresolved
org
Bank Berhad
p.86 ×8
unresolved
org
PT Pabrik Kertas Basuki Rachmat
p.86
unresolved
org
PT Polyprima Karyareksa
p.86
unresolved
org
London Sumatera Indonesia Tbk
p.86 ×2
unresolved
org
Ministry of Finance
p.86 ×2
unresolved
org
Bank Restructuring Agency
p.86
unresolved
org
PT Bahana Pembinaan Usaha Indonesia
p.86
unresolved
org
CIMB Thai Bank Public Company Limited
p.87 ×2
unresolved
org
Minister of Justice Akta-akta
p.650
unresolved
org
Minister of Law Kehakiman Republik Indonesia
p.650
unresolved
org
Bank CIMB Niaga’s Articles
p.650
unresolved
person
Ashoya Ratam
p.650
unresolved
person
Ratam
p.650
unresolved
org
Menteri Hukum dan Asasi Manusia Republik
p.650
unresolved
org
Menteri Keuangan
p.650
unresolved
person
Vice
· Presiden Komisaris
p.657 ×4
unresolved
person
Glenn Muhammad Surya Yusuf
p.657 ×7
unresolved
person
Novan Amirudin
p.657
unresolved
person
Dody Budi Waluyo
p.657 ×4
unresolved
person
Sri Widowati
p.657 ×3
unresolved
person
Dato’ Abdul Rahman Ahmad
p.657 ×2
unresolved
person
Endang Kussulanjari S.
p.658 ×4
unresolved
person
Angelique Dewi Daryanto
p.658 ×5
unresolved
person
Riatu Mariatul Qibthiyyah
p.658
unresolved
org
Bank CIMB Niaga’s Audit Committee
p.658
unresolved
org
Bank CIMB Niaga’s Risk Oversight
p.659
unresolved
person
Ronald T. A. Kasim
p.659 ×2
unresolved
person
Farina J. Situmorang
p.659 ×4
unresolved
org
Bank CIMB Niaga’s Nomination
p.659
unresolved
person
Nora Joice Kimbal
p.659
unresolved
org
Bank CIMB Niaga’s Integrated Governance Niaga
p.660
unresolved
person
Serena K. Ferdinandus
p.660 ×2
unresolved
person
Yulizar D. Sanrego
p.660 ×2
unresolved
person
Achiran Pandu Djajanto
p.660 ×2
unresolved
org
Bank CIMB Niaga’s Sharia Supervisory
p.660
unresolved
org
Bank CIMB Niaga’s Internal Audit
p.661
unresolved
person
Antonius Pramana Gunadi.
p.661
unresolved
org
Bank Sekretaris Perusahaan Bank CIMB Niaga
p.661
unresolved
org
Bank CIMB Tbk
p.661 ×2
unresolved
org
Niaga Tbk
p.661
unresolved
org
Bapepam
p.661 ×2
unresolved
person
Lani Darmawan Bpk. John Simon
p.825 ×31
unresolved
person
John Simon Ibu Fransiska Oei
p.825 ×15
unresolved
person
Fransiska Oei Bpk. Rusly Johannes
p.825
unresolved
person
Rusly Johannes Bpk. Pandji P Djajanegara
p.825 ×30
unresolved
person
Lee Kai Kwong Bpk. Joni Raini
p.825 ×27
unresolved
person
Joni Raini Bpk. Henky Sulistyo
p.825 ×15
unresolved
person
Henky Sulistyo Bpk. Noviady Wahyudi
p.825
unresolved
person
Noviady Wahyudi Ibu Tjioe Mei Tjuen
p.825 ×19
unresolved
org
Bank Officers
p.831 ×8
unresolved
org
Bank Officers Gaji
p.831
unresolved
org
Bank CIMB Niaga Senior Vice
p.845
unresolved
org
Bank CIMB Niaga. Under
p.845
unresolved
org
Bank CIMB Niaga. CIMB Niaga. Perusahaan
p.845
unresolved
org
Asset Vehicle Limited
p.850
unresolved
org
Dana Pensiun Bank
p.850
unresolved
org
Bank Officers Halaman
p.850
unresolved
org
Bank Berhad CIMB Thai Bank Public Company Limited
p.851
unresolved
org
PT Niaga Manajemen Citra
p.851 ×6
unresolved
org
PT Niaga Manajemen Citra Tagihan
p.851
unresolved
org
Bank Berhad Pendapatan
p.851
unresolved
org
Bank Berhad CIMB Investment Bank Berhad
p.851
unresolved
org
PT Synergy Dharma Nayaga
p.852 ×4
unresolved
org
PT Commerce Kapital Southeast Asia Special Asset Vehicle
p.852
unresolved
org
Southeast Asia Special Asset Vehicle Limited
p.852 ×2
unresolved
org
PT Principal Asset Management CIMB Private Equity Sdn
p.852
unresolved
org
CIMB Private Equity Sdn Bhd CIMB Securities Limited
p.852
unresolved
org
PT Niaga Manajemen Citra Dana Pensiun Bank CIMB
p.852
unresolved
org
Dana Pensiun Bank CIMB Niaga
p.852 ×7
unresolved
org
PT Principal Asset Management Southeast Asia Special Asset
p.854
unresolved
org
Vehicle Limited
p.854
unresolved
org
CIMB Investment Bank- Berhad CIMB Securities Limited
p.854
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