20250725_ARTO_Laporan Informasi dan Fakta Material_31917447_lamp2.pdf

PRESS RELEASE

        Bank Jago Maintains Sustainable Growth Throughout the First Half of 2025


Jakarta, 24 July 2025 – PT Bank Jago Tbk recorded another strong performance in the first
half of 2025. As a tech-based bank that emphasizes innovation and collaboration with the digital
ecosystem, Bank Jago has successfully maintained consistent business growth in terms of
customer base, third-party funds, and loans.

As of June 2025, Bank Jago’s total number of customers reached 17.2 million, including 13.7
million funding customers using the Jago and Jago Syariah apps. This marked an increase of
more than 3 million users compared to the same period last year, which stood at 10 million.

The increase in the number of funding customers aligned with Bank Jago’s third-party funds,
which reached IDR 22.4 trillion by the end of June 2025. This represented a 51% increase
compared to IDR 14.8 trillion in the same period last year.

“Observing the potential risks in today’s challenging economic environment and identifying
available opportunities, we have managed to sustain strong business growth momentum and
build customer trust in our products and services,” said Arief Harris Tandjung, President Director
of Bank Jago.

In terms of lending, Bank Jago disbursed IDR 21.4 trillion in loans by the end of June 2025, a
37% increase from IDR 15.7 trillion at the end of June 2024. The bank continued to rely on a
partnership strategy for loan distribution, collaborating with various partners such as digital
ecosystems, financing companies, and other financial institutions.

Observing the growth of customers’ financial needs, Bank Jago has also introduced an
app-based direct lending. All loan disbursements were carried out prudently, reflected in a low
gross non-performing loan (NPL) ratio of 0.3%, well below the national banking average.

“Collaboration with ecosystem partners remains a major contributor to our business. However,
we recognize the importance of diversifying, consistently innovating, and creating products and
services that will contribute significantly to future growth,” Arief added.

Loan growth has driven Bank Jago’s total assets to IDR 32.4 trillion, a 34% increase from IDR
24.2 trillion at the end of the first half of 2024. Supported by positive growth in both third-party
funds and loans, Bank Jago posted a net profit after tax of IDR 127 billion, up 154% from IDR
50 billion in the first half of 2024.