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Table
of Contents
THE BOARD OF DIRECTORS’S
AND THE BOARD OF
COMMISSIONERS’ REPORT
Theme and Theme Explanation 1 Performance Highlights 01
Theme Continuity 2
2024 Important Achievements 18
Table of Contents 4
Significant Financial Data Overview 20
Overview of Bank Jatim 8
Financial Summary and Financial Ratios 20
Milestones 10
Operations Highlights 25
Our Best Contribution 12
Stock Information 26
Corporate Actions 28
Termination Action While Stock Trading Stock
28
(Suspension) and/or Stock Removal (Delisting)
Bond, Sukuk, and/or Convertible Bonds Information 28
Other Funding Sources Information 29
Company Analysis Report 29
2024 Significant Events 30
The Board of Directors’s and The 02
Board of Commissioners’ Report
The Board of Commissioners’ Report 36
The Board of Directors’ Report 52
The 2024 Annual Report Responsibility 64
Company Profile 03
Corporate Identity 68
Name and Address of Branch Office and Sharia
69
Branch Offices
PERFORMANCE Company Brand 71
HIGHLIGHTS Company Brief History 72
4 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2024
MANAGEMENT DISCUSSION
COMPANY AND ANALYSIS OF BANK
PROFILE PERFORMANCE
Description of Name Change 73 Principal and Controlling Shareholders 144
Vision, Mission & Corporate Culture 74 List of Entities, Associated Entities, and Joint
145
Venture Company
Vision 74
Company Group Structure 146
Mission 75
Chronology of Share Issuance 146
Review of Vision and Mission by the Board of
75
Commissioners and the Board of Directors Information of Bank Business Group 147
Corporate Culture 76 Chronology of Issuance and/or Listing of Bond 148
Business Activities 79 Chronology of Issuance and/or Listing of Other
149
Securities
Business Activities According to the Articles of
79
Association and Executed Information on the Use of Public Accountant Service
150
(AP) and Public Accounting Firm (KAP)
On-Going Business Activities 80
Supporting Institutions and/or Professions 151
Products and Service 80
Award and Certification 152
Operating Area 94
Information Available on the Website 156
List of Association Membership 97
Organizational Structure 98
Profile of the Board of Directors 100
Management Discussion and
Profile of the Board of Commissioners 111 04
Analysis of Bank Performance
Profile of Sharia Supervisory Board 118
Profile of Executive Officer 121 Economic Review 160
Employee Profile 137 Global and National Economic Analysis 160
Number of Employees by Gender 137 National Economic Analysis 161
Number of Employees by Positional Level 137 Banking Industry Analysis 162
Number of Employees by Age Range 138 Bank Jatim’s Position Analysis in Banking Industry 163
Number of Employees by Educational Level 138 Operational Review 165
Number of Employees by Employment Status 138 Bank Strategy 165
Shareholders Composition 139 Marketing Aspect 167
Composition of 20 Largest Shareholders 140 Marketing Strategy 167
Composition of 5% or more Shareholders 141 Pangsa Pasar 168
Composition of Less than 5% Public Shareholders 142 Operation Review per Business Segment 170
Share Ownership of Directors and the Board of Financial Review 203
143
Commissioners
Financial Performance 203
Shares Ownership of the Senior Management 144
Consolidated Financial Position Statement 203
Classification of Shareholders 144
PT Bank Pembangunan Daerah Jawa Timur Tbk 5
Page 8
HUMAN INFORMATION
CAPITAL TECNOLOGY
Consolidated Statement of Profit or Loss and
Other Comprehensive Income
224 Human Capital 05
Consolidated Cash Flow Statement 231 Human Capital Framework Strategy 304
Ability to Pay Debt and Receivable Collectability 234 Human Capital Management Strategy Policy
305
and Implementation
Other Financial Ratios 237
Recruitment 305
Fund Interest Rate 238
Competency Development 307
Basic Loan Rate 241
Career Development 317
Quality Analysis of Productive Assets 242
Performance Assessment 317
Bank Capital Structure 248
Remuneration 318
Information on Capital and Risk Exposure 250
Pension Program 319
Material Commitments Related to Capital Goods
274
Investment Employee Satisfaction Survey 320
Capital Expenditure Investment 274 System and Infrastructure Human Capital 320
Commitment and Contingent 275 Culture Internalization 322
Material Information and Facts After the Disclosure of Information
275 323
Accountant’s Report Date to Employees
Business Prospects and Future Strategy 2025 276 Human Capital Management Structure 323
Achievement of Targets and Future Targets 279 Human Capital Work Plan in 2025 324
Long-Term Plan Evaluation 284
Policies, Announcements and Payment of Dividend 285 Information Tecnology 06
Material Information Regarding Investment,
Expansion, Divestment, Merger/Consolation Information Technology Master Plan and Strategy 328
286
Businesses, Acquisitions, Debt / Capital Information Technology Innovation 333
Restructuring
Information Technology Availability and
Realization of Use of Public Offering 335
286 Infrastructure
Proceeds
Information Technology Policy and Governance 336
Material Transactions Containing Conflicts of
287 Future Information Technology Development
Interest and/or Transactions with Affiliated Parties 338
Strategy
Changes In Laws and Regulations and Their Impact
292 Information Technology Management Structure 339
on the Bank
Accounting Policy Changes 293
Bank Soundness Level 294
Corporate Governance 07
Business Continuity Information 295
Governance Framework, Management, and Control Corporate Governance Basis 344
296
of Taxation Aspects
Corporate Governance Structure and Mechanism 345
Response to Changes in Monetary Policy Direction 297
Structure of Company Organs 345
Maximum Limit For Providing Credit and Providing
298 Governance Soft Structure 346
Large Funds
Transaction Spot and Derivative Transactions 301
6 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2024
CORPORATE CORPORATE SOCIAL
GOVERNANCE RESPONSIBILITY
Corporate Governance Mechanism 348 Whistleblowing System 516
Shareholders 348 Anti-Corruption Program 519
General Meeting of Shareholders 348 Management of State Official Wealth Reports
524
(LHKPN)
Board of Director 362
Total Internal Frauds and Remedies 525
Board of Commissioners 376
Provision of Funding for Social and/or
Sharia Supervisory Board 410 525
Political Activities
Nomination and Remuneration of the Board Provision of Funds to Related Parties and
414 525
of Commissioners and Board of Directors Provision of Large Funds
Policies on Diversity of Board of Directors Bank Strategic Plan 525
416
and Board of Commissioners
Share Buyback and Bond Buyback 525
Transparency of Share Ownership of Directors
418
and Board of Commissioners Transaction Containing Conflict of Interest 525
Organ and Committee under the Board of Internal Disputes 526
419
Directors
Prevention of Insider Trading 527
Organ and Committee under the Board of
444 Transparency of Financial and Non-Financial
Commissioners 527
Conditions
Implementation of Governance In Provision
of Remuneration for Commercial Banks In 472 Implementation of Public Company Governance
528
Accordance With POJK 45/POJK.03/2015 Guidelines
Public Accountant 476 Governance Principles for Banks issued by Basel
537
Committee in Banking Supervision
Risk Management 477
Good Corporate Governance Assessment 538
Internal Control System 481
Compliance Function 492
Corporate Social
Anti-Money Laundering Program, 08
Prevention of Terrorism Funding &
495
Responsibility
Prevention of Funding for The Proliferation
of Weapons of Mass Destruction
Lawsuit 495 OJK Reference Index 09
Administrative Sanctions Imposed to Companies,
Members of the Board of Commissioners
and the Board of Directors by Capital Market
498 Financial Statements 10
Authorities and Other Authorities
Access to Company Information and Data 500
Code of Ethics 509
Performance-Based Long-Term
514
Compensation Policy
PT Bank Pembangunan Daerah Jawa Timur Tbk 7
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Milestones
Establishment - Launching of
Program Loan
of PT Bank
Agreement
Pembangunan - Launching of
Daerah Establishment of
Mobile Bank Jatim
Djawa Timur Sharia Business Unit - Launching of
Status upgrade to
of Bank Jatim Sipandai Product
Foreign Exchange Establishment of 44
Bank. Micro Business Units.
1961 1976 1990 1999 2007 2012 2014 2015 2016
• Launching of Jatim
Priority (Premium Service
Change of Status for Priority Customers)
Initial Public
into Regional product, Simpanan Pelajar
Offering on (Simpel) Saving Product,
Owned Enterprise. Change of status July 12, 2012 SiUMI Saving & Loan
from Regional Owned product (SiUMI Program
Enterprise is dedicated for Micro and
(BUMD) to Small Entrepreneurs), and
Perseroan Terbatas Siklus Nelayan Saving
Product.
(Incorporated
• Bank Jatim and Indonesian
Company). Regional Government
Rural Banks Association
(Perbamida) agreed to
sign a Memorandum of
Understanding (MoU)
related to the Linkage
Program facility to Rural
Banks (BPR).
10 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2024
• Launching of the Jatim Code
QRIS (Quick Response Code
• Launching of Smart
Indonesian Standard) as
ID Card program for
the development of Mobile
Civil State Apparatus
Banking payment features; • Launching of the JConnect Invest
together with Sumenep
• Launching of loan products application with the initial offering of
Regency Government
to BUMDES (Village Owned product SBR011 with a total offering
• Launching of Revolving
Enterprises) which is an of 4 retail SBN series throughout
Fund Loans (Hulu Hilir
integral part of the East 2022.
Agromaritim Loans for
Java Micro Loan; • Launching of JConnect Remittance,
Maritime and Fisheries
• Bank Jatim won various a remittance transaction from
Sector)
awards, including Top of The Malaysia through a channel (Agent
• Launching of
Top BUMD 2020 and The or application) belonging to Bank
Remittance
Most Profitable Regional Jatim’s partners, namely MTA –
Transaction
Bank. Merchantrade Asia.
• Launching of Virtual
Account
2017 2018 2019 2020 2021 2022
• Inauguration and
launching of BJTM • Launching of Priority
• Opening of Batam Connect E-Jatim.
Branch ; • Launching of • Continuous digital
• Launching of New jatimcode (payment banking development
Products, including: feature for Bank through J-Connect
- Yuan Jatim Mobile
Remittance Banking through
- Giro Plus QR Code scan)
- Jatim Indag • Launching of
Card e-Form Loan Portal
- Smile Premium • Bank Jatim and
Link UINSA jointly broke
- Jempol Link a MURI record in • Expansion of Tax
(Bancassurance mass academic Payment Services
in cooperation community’s through the
with PT activation of 5,000 marketplace.
Asuransi Jiwa securities accounts
Sinarmas MSIG • Cooperation with
Life.) GoPay and Grab
• Female Volleyball
Team achieved hat-
trick and emerged
Champion of Livoli
of Main Division.
PT Bank Pembangunan Daerah Jawa Timur Tbk 11
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Our Best
Contribution
Extensive Banking Ecosystem
Bank Jatim recorded a new milestone by successfully becoming the largest Regional
Development Bank (BPD) in Indonesia in the Bank Business Group (KUB), which was not only
a reflection of Bank Jatim’s hard work and commitment, but also a real evidence of the trust
that was continuously given by customers, investors, and the people of East Java. As part of a
strategic step, Bank Jatim is currently in the process of becoming a holding company for 5 (five)
BPDs through KUB, such as Bank NTB Syariah, Bank Lampung, Bank NTT, Bank Banten, and
Bank Sultra.
Through KUB, Bank Jatim invited the 5 (five) BPDs to work together in synergy, collaboration,
and grow together to build Indonesia. Specifically, the synergy of KUB Bank Jatim included
aspects of capital, business and financial aspects, and other supporting aspects. The trust in
cooperation with the 5 (five) BPDs further strengthened the positioning that Bank Jatim had
adequate capacity and capability from a fundamental perspective. Collectively, Bank Jatim and
the 5 (five) BPDs build a broader and more flexible banking ecosystem and strengthen a more
solid financial foundation to support regional and national economic growth in order to achieve
Bank Jatim’s vision as BPD No. 1 in Indonesia.
12 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2024
Collaboration and Synergy with Various Parties
Bank Jatim continuously contributed to regional economic development through synergy
with the central and regional governments in supporting strategic programs and projects for
regional economic development. Bank Jatim had driven business achievement performance
by supporting the implementation of East Java Provincial Government programs and national
strategic projects in East Java Province. In addition to support East Java Provincial Government
programs, Bank Jatim also strengthened synergy with several Ministries and Governmental
Agencies, including the Ministry of Trade in terms of export development, the Coordinating
Ministry for Economic Affairs in order to increase production and productivity of horticultural
commodities, the Ministry of Housing and Settlement Areas in terms of the FLPP KPR Sejahtera
Program and the 2025 Tapera Financing. Bank Jatim also synergized with the Directorate General
of Agricultural Infrastructure and Facilities of the Ministry of Agriculture in order to support the
National Food Self-Sufficiency Program, the East Java Regional Police (Polda) regarding synergy
and institutional partnerships in the banking sector and financial services, BPJS Employment to
support the National Movement of Vulnerable Workforce Care (GN Lingkaran) program.
In addition, Bank Jatim had also collaborated with various parties including, Sepuluh Nopember
Institute of Technology (ITS), University of Surabaya (UBAYA), State University of Malang,
Narotama University, Hayam Wuruk Perbanas University, Sebelas Maret University (UNS)
Surakarta, Lirboyo Islamic Boarding School in terms of education, research, community service,
improvement and empowerment of human resources, and financial services. Moreover, it
collaborated with the Association of Indonesian Export Companies (GPEI) to encourage MSME
Products to Go International and be ready for export, the Muhammadiyah Regional Leadership
(PW) of East Java regarding Financial Services, the Indonesian Migrant Workers Protection
Agency (BP2MI) regarding the Utilization and Exchange of People’s Business Loans (KUR) Data
for the Placement of Indonesian Migrant Workers (PMI), Dr. Soetomo Hospital Surabaya regarding
Financial Services in the Framework of Financial Transaction Services through Soetomo Digipay
and Simpra Dr. Soetomo Hospital, the Indonesian Waqf Board in strengthening waqf in Indonesia.
Capital Adequacy Ratio Relatively High
Capital Adequacy Ratio (CAR) for 5 (five) consecutive years has been at a safe level, which was
around 21%. The CAR ratio level of Bank Jatim shows that the bank’s capital structure has the
capability to offset market risk, credit risk and operational risk where the ratio is higher than the
minimum adequacy ratio of BI/OJK and the Bank’s capital structure has complied with the BI/
OJK Regulation of 14%. This shows that the Bank has managed the Bank’s capital well and has
sufficient capital to protect against solvency risk.
PT Bank Pembangunan Daerah Jawa Timur Tbk 13
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Trade Connect Summit 2024
As an effort to support East Java MSMEs to upgrade and penetrate overseas markets, Bank
Jatim officially held the Trade Connect Summit 2024 for the first time dated October 14, 2024
- October 15, 2024, at Balai Pemuda Surabaya. The Trade Connect Summit 2024, initiated by
Bank Jatim and in collaboration with the Ministry of Trade of the Republic of Indonesia and the
Surabaya Export Center, was one of the company’s efforts to develop MSME businesses and
improve the nation’s economy. This activity was attended by 41 booths of MSMEs fostered by
Bank Jatim that had an export orientation. In addition, there were also service booths from
agencies related to export activities, such as the East Java Trade and Industry Office, the East
Java Animal Fish and Plant Quarantine Office, the East Java Forestry Service, and several other
regional apparatuses in East Java.
Akselerasi kinerja dan transformasi
bisnis
This activity was yangtosehat
expected producemenuju digital
new exporters bank
from among MSMEs. In addition to provide
comprehensive dengan SDM
education yang
about the berdaya saing and
world of exports tinggi;
effective marketing channels, this
activity was also part of Bank Jatim’s commitment to increase the knowledge and readiness of
Memberikan
MSMEs in entering the world ofkontribusi
exports. The pertumbuhan
purpose of this program was for MSMEs to optimize
ekonomi
their local products Jawa Timur;
and compete in the global market. Additionally, there were other interesting
activities presented in this event, starting from exhibitions, business matching to business talk
shows. Menerapkan prinsip-prinsip keuangan
berkelanjutan.
Meanwhile, the Ministry of Trade and Bank Jatim synergized and utilized resource capabilities in
implementing the development of export-oriented SMEs. In its implementation, this cooperation
agreement covered various activities, including through the dissemination of export information,
strengthening databases, increasing product competitiveness, increasing market access,
providing business infrastructure, utilizing overseas trade representatives, and facilitating
promotions.
Launching of Cash WAQF Linked Deposit (CWLD)
Bak Jatim’s Sharia Business Unit (UUS) continuously committed to support the development of
the sharia economy in Indonesia, especially East Java. This was proven by the successful launch
of Cash Waqf Linked Deposit (CWLD). Then, Bank Jatim’s UUS became the first party to launch
CWLD in UUS and BPD Sharia Commercial Banks in the country. The CWLD program, which had
been launched for the first time in UUS and BPD Sharia Commercial Banks in Indonesia, was a
significant initial step to strengthen the role of sharia banking in developing waqf instruments
that could provide broad benefits. By collaborating with Nadzir (waqf asset manager) of the
Indonesian Waqf Movement Foundation and Nadzir of the Indonesian Waqf House, Bank Jatim’s
UUS presented a solution that did not only provide financial benefits for waqifs, but also serve
significant social impacts for the community.
14 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2024
Bank Jatim’s Commitment to TJSL
The Bank’s commitment to participate in sustainable economic development and not only focus on business was
realized through the TJSL program. The implementation of the TJSL program through the Bank Jatim’s Peduli Program
focused on 4 (four) areas of activity, such as Education, Culture, Health, and Other Social. The TJSL program that had
been implemented by Bank Jatim was the Bank’s effort to support for the Sustainable Development Goals (SDGs).
Over the past 3 (three) years, Bank Jatim had distributed funds as of IDR 52,721,359,820, which were divided into
4 (four) areas of CSR distribution, such as Education, Health, Culture and Other Social Aspects. Then, in 2024, Bank
Jatim distributed funds the bankjatim Peduli Program, which had realized funds as of IDR 16,945,898,820.
PT Bank Pembangunan Daerah Jawa Timur Tbk 15
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16 PT Bank Pembangunan Daerah Jawa Timur Tbk
Page 19
Performance
Highlights
01
PT Bank Pembangunan Daerah Jawa Timur Tbk 17
Page 20
01
Important Achievements
2024
Total Assets
in 2024
increase
IDR
118.14 13.76%
compared to
trillion 2023
Micro Loan
in 2024
IDR
9.33 trillion
increase 39.77%
compared to 2023
Retail and Medium Loan Corporate Loan
in 2024 in 2024
IDR
11.18 trillion IDR
7.38 trillion
increase 68.56% increase 8.35%
compared to 2023 compared to 2023
18 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2024
Sharia Third-Party Funds
in 2024
IDR
2.93 trillion
Equity
increase 12.48%
compared to 2023
in 2024
IDR
14.60 trillion
Sharia Financing
increase 20.15% in 2024
compared to 2023
IDR
2.67 trillion
increase 21.85%
compared to 2023
Net Sharia Interest
Income
in 2024
Consumer Loan
in 2024 IDR
5.73 trillion
IDR
33.24 trillion
increase 13.58%
increase 9.33 %
compared to 2023 compared to 2023
PT Bank Pembangunan Daerah Jawa Timur Tbk 19
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01 Performance
Highlights
Summary of Financial
Overview
Financial Summary and Financial Ratios
Tabel of Financial Highlights (in IDR millions)
Description 2024 2023 2022 2021 2020
CONSOLIDATED STATEMENT OF FINANCIAL POSITION
ASSET
Cash 2,867,479 2,652,775 1,988,262 2,023,077 2,511,548
Current account with Bank Indonesia 5,584,147 7,971,412 10,786,740 8,805,300 3,659,968
Current account with other banks 505,084 491,330 303,129 211,681 237,715
Allowance for impairment losses (277) (1,077) (441) (238) (53)
Current accounts with other banks. net 504,807 490,253 302,688 211,443 237,662
Placements with Bank Indonesia and other banks 1,633,470 5,234,721 6,916,329 9,917,695 6,884,658
Allowance for impairment losses (1,278) (5,026) (3,154) (1,763) (795)
Placements with Bank Indonesia and other banks. net 1,632,192 5,229,695 6,913,175 9,915,932 6,883,863
Receivables of spot and derivatif 1,144 - 361 - -
Securities 20,367,544 16,323,831 23,217,671 32,388,966 14,666,737
Allowance for impairment losses (3,052) (511) (400) (5,943) (8,118)
Securities - net 20,364,492 16,323,320 23,217,271 32,383,023 14,658,619
Securities sold under a repurchase agreement 9,149,544 8,303,663 4,095,066 - -
Receivable from marketable securities purchased under 6,247,318 7,822,847 3,420,685 12,573,044
617,860
resale agreement
Other receivables 333,339 275,049 286,147 230,019 131,932
Cadangan kerugian penurunan nilai (79,003) (58,656) - - -
Tagihan lainnya - net 254,336 216,393 - - -
Loans and sharia financing
Related parties 112,444 184,817 134,871 182,889 285,595
Third parties 75,240,296 54,576,086 46,061,786 42,566,670 41,195,171
Number of loans granted 75,352,740 54,760,903 46,196,657 42,749,559 41,480,766
Allowance for impairment losses (2,113,224) (1,364,905) (1,318,612) (1,831,417) (1,454,721)
Loans granted - net 73,239,516 53,395,998 44,878,045 40,918,142 40,026,045
Accrued interest income 790,520 685,734 646,125 793,900 555,020
Prepaid expenses 206,572 207,452 166,661 134,200 227,932
Investment in shares 2,568 - - - -
Fixed assets
Acquisition cost 2,980,176 2,110,487 2,109,260 1,906,263 1,882,572
Accumulated depreciation (1,054,455) (856,218) (825,010) (762,052) (676,592)
Net book value 1,925,721 1,254,269 1,284,250 1,144,211 1,205,980
20 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2024
Description 2024 2023 2022 2021 2020
Intangible assets 162,946 23,444 - - -
Deferred tax asset - net 438,391 472,123 502,238 627,211 591,676
Tax receivables 67,274 777 493 412 65
Other assets - net 332,618 380,147 140,998 115,775 356,098
TOTAL ASSETS 118,142,127 103,854,773 103,031,367 100,723,330 83,619,452
LIABILITIES, TEMPORARY SYIRKAH FUNDS AND EQUITY
LIABILITIES
Obligations due immediately 914,703 987,604 872,514 593,875 484,834
Deposits from customers
Related parties 12,268,842 12,644,538 15,295,405 17,719,735 14,373,446
Third parties 62,787,996 63,205,317 64,630,285 63,668,950 52,412,975
Total deposits from customers 75,056,838 75,849,855 79,925,690 81,388,685 66,786,421
Deposits from other banks
Related parties 44,323 56,694 141,996 360,169 238,860
Third parties 689,451 2,503,627 3,168,842 3,756,367 2,576,134
Amount of deposits from other banks 733,774 2,560,321 3,310,838 4,116,536 2,814,994
Securities liabilities sold under repurchase agreements 8,780,366 7,915,163 3,891,346 - -
Securities issued 102,389 - - - -
Borrowings 1,527,532 596,977 631,464 655,288 631,355
Taxes payable 85,316 143,245 90,783 165,476 93,135
Accrued expenses 442,600 504,748 520,840 478,647 484,666
Other liabilities 809,256 779,314 472,054 529,738 596,630
TOTAL LIABILITIES 88,452,774 89,337,227 89,715,529 87,928,245 71,892,035
TEMPORARY SYIRKAH FUNDS
Deposits from customers
Related parties 1,193,291 3,764 2,302 3,021 1,686
Third parties 13,765,482 2,343,291 1,839,390 1,810,161 1,680,173
Amount of deposits from customers 14,958,773 2,347,055 1,841,692 1,813,182 1,681,859
Deposits from other banks
Third parties 130,541 19,422 28,285 71,364 40,610
Total deposits from other banks 130,541 19,422 28,285 71,364 40,610
TOTAL TEMPORARY SYIRKAH FUNDS 15,089,314 2,366,477 1,869,977 1,884,546 1,722,469
EQUITY
Share capital:
Series A: nominal value of IDR250 (full amount) per
share
PT Bank Pembangunan Daerah Jawa Timur Tbk 21
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01 Performance
Highlights
Description 2024 2023 2022 2021 2020
Series B: nominal value of IDR250 (full amount) per
share
Authorized:
Series A: 24,000,000,000 shares
Series B: 12,000,000,000 shares
Issued and fully paid:
Series A - 11,934,147,982 shares
Series B - 3,081,350,100 shares 3,753,875 3,753,875 3,753,875 3,753,875 3,753,875
Additional paid-in capital - net 532,734 532,734 532,734 532,734 532,734
Fixed asset revaluation surplus 788,317 788,049 789,998 749,717 754,382
Remeasurement of defined employee benefit liability - (135,364) (117,777) (100,912) (163,811) (197,081)
net of deferred tax
Unrealized gain financial assets measured at fair value (150,141) (63,958) (115,048) 213,177 125,753
through other comprehensive income - net of deferred
tax
Retained earnings
General reserve 6,441,453 5,788,041 5,042,390 4,301,777 3,546,323
Unappropriated 1,281,718 1,470,105 1,542,824 1,523,070 1,488,962
Non-Controlling Interests In Net Assets of Consolidated - - - -
2,087,447
Subsidiary
TOTAL EQUITY 14,600,039 12,151,069 11,445,861 10,910,539 10,004,948
TOTAL LIABILITIES, TEMPORARY SYIRKAH FUNDS
118,142,127 103,854,773 103,031,367 100,723,330 83,619,452
AND EQUITY
STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME
Interest and sharia income 8,381,809 7,357,284 6,882,651 6,655,168 6,088,742
Interest and sharia expenses (2,656,211) (2,316,184) (1,965,595) (1,977,487) (2,031,472)
Interest and Sharia Income - net 5,725,598 5,041,100 4,917,056 4,677,681 4,057,270
Pendapatan operasional lainnya 832,238 648,420 533,569 806,357 417,871
Other Operating Income
Personnel expenses (1,745,062) (1,624,532) (1,674,698) (1,644,897) (1,544,532)
General and administrative (1,499,676) (1,315,015) (1,229,388) (1,078,820) (684,216)
Allowance for impairment losses on financial assets (1,287,595) (694,136) (404,659) (819,201) (567,751)
Other expenses (368,502) (200,796) (201,054) (150,020) (162,365)
Total Other Operating Expenses (4,900,835) (3,834,479) (3,509,799) (3,692,938) (2,958,864)
Income from Operations 1,657,001 1,855,041 1,940,826 1,791,100 1,516,277
Non-Operating Income (Expenses)
Tax service fees - - 6,084 4,684 10,063
Gain on sale of fixed assets - - 5,274 3,952 2,670
Gain on sale of securities - net - - 2,757 131 -
Gain on foreign exchange - - - 3,497 2,255
Other non-operating income 71,242 57,041 158,513 404,119 16,688
Non-operating expenses (45,526) (19,339) (83,405) (269,509) (40,586)
TOTAL NON OPERATING INCOME (EXPENSES) 25,716 37,702 89,223 146,874 (8,910)
22 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2024
Description 2024 2023 2022 2021 2020
INCOME BEFORE TAX EXPENSES 1,682,717 1,892,743 2,030,049 1,937,974 1,507,367
TAX EXPENSES - NET (386,899) (422,638) (487,225) (414,904) (18,405)
CURRENT YEAR PROFIT 1,295,818 1,470,105 1,542,824 1,523,070 1,488,962
OTHER COMPREHENSIVE INCOME
Items that will not be reclassified to profit or loss:
Revaluation surplus (deficit) of fixed assets - - 40,281 (4,665) 6,199
Remeasurement of employee benefit liability - - 100,163 41,074 100,536
Beginning balance adjustment - - (19,678) - -
Related income taxes - - (17,586) (7,804) (21,556)
Items that will be reclassified subsequently to profit
or loss:
Unrealized gain (loss) on financial assets measured (107,359) 63,074 (400,611) 103,326 155,226
at fair value through other comprehensive income
Beginning balance adjustment - - (3,730) - -
Related income taxes 20,206 (11,984) 76,116 (15,902) (29,493)
Items that will not be reclassified subsequently to profit
or loss:
Revaluation deficit of fixed assets (16,190) (1,949) - - -
Remeasurement of employee benefit liabilities (20,469) (21,898) - - -
Related income taxes 3,627 5,033 - - -
Total (33,032) (18,814) - - -
OTHER COMPREHENSIVE INCOME - NET OF TAX (120,185) 32,276 (225,045) 116,029 240,405
TOTAL COMPREHENSIVE INCOME FOR THE YEAR 1,175,633 1,502,381 1,317,779 1,639,099 1,729,367
Net income for the year attributable to:
Equity holders of the parent entity 1,281,718 1,470,105 - - -
Non-controlling interest 14,100 - - - -
Total 1,295,818 1,470,105 - - -
Comprehensive income for the year attributable to:
Equity holders of the parent entity 1,178,216 1,502,381 - - -
Non-controlling interest (2,583) - - - -
Total 1,175,633 1,502,381 - - -
BASIC EARNINGS PER SHARE (IN FULL AMOUNT) 85,36 97,91 102,75 101,43 99,16
STATEMENT OF CASH FLOWS
CASH FLOWS FROM OPERATING ACTIVITIES
Receipts of interest, sharia, fees and commissions 8,306,344 7,324,150 7,030,426 6,421,514 5,950,142
Interest paid (2,708,316) (2,310,264) - - -
Receipts of other operating income 675,952 521,156 476,364 384,463 153,239
Collection of loans written-off 156,285 127,264 56,653 55,003 55,055
Payment of general and administrative expenses (1,566,455) (1,283,327) (1,296,665) (1,211,045) (544,941)
Payment of salaries and employee benefits (1,836,797) (1,763,167) (1,659,597) (1,644,897) (1,490,765)
Receipts from non-operating income 69,815 60,386 172,136 416,380 29,007
PT Bank Pembangunan Daerah Jawa Timur Tbk 23
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01 Performance
Highlights
Description 2024 2023 2022 2021 2020
Payment for non-operating expenses (45,428) (19,337) (82,913) (269,509) (40,586)
Payment of interest, sharia, fees and commissions - - (1,931,344) (1,983,506) (1,799,442)
Payment of taxes (313,729) (368,455) (389,372) (378,098) (378,774)
Cash flow from operating activities before changes in 2,737,671 2,288,406 2,375,688 1,790,305 1,932,935
operating assets and liabilities
Changes in operating assets and liabilities
Placements with Bank Indonesia and other banks 101,500 (1,500) (7,000) - 112,000
Loans (10,079,129) (9,193,797) (4,347,656) (1,268,793) (3,128,466)
Receivables of spot and derivative (1,144) - - - -
Marketable securities sold under repurchase agreement (845,882) (4,208,597) (4,095,066) - 1,038,432
Reverse repo bill 5,629,458 1,575,529 (4,402,162) 9,152,359 (6,735,524)
Other assets and other receivables (112,232) (166,678) (117,044) 235,620 (282,585)
Increase (decrease) in operating liabilities
Liabilities due immediately (167,942) 115,091 278,638 109,040 127,269
Deposits from customers (329,793) (3,570,473) (1,434,484) 14,733,587 7,922,408
Deposits from other banks (1,834,568) (759,380) (848,777) 1,332,296 (32,826)
Liabilities of marketable securities sold under 865,203 4,023,817 3,891,346 - (1,037,094)
repurchase agreement
Other liabilities (183,478) 200,981 (39,476) 77,535 (146,658)
Net cash flows from (used to) (4,220,336) (9,696,601) (8,745,993) 26,161,949 (230,109)
CASH FLOWS FROM INVESTING ACTIVITIES
Marketable securities (1,421,131) 6,948,323 8,846,760 (17,722,229) (4,943,265)
Acquisitions of fixed assets (128,851) (132,044) (248,269) (70,838) (32,487)
Acquisitions of intangible assets (3,377) (17,254)
Proceeds from sale of fixed assets 1,470 5,608 5,274 4,556 2,671
Acquisition of Subsidiary (100,000) - - - -
Cash receipts from acquisition of Subsidiary 1,126,261 - - - -
Net cash provided by (used in) investing activities (525,628) 6,804,633 8,603,765 (17,788,511) (4,973,081)
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds (payments of) from borrowings (230,423) 43,578 (23,824) 23,933 (1,238,891)
Proceeds from additional share capital - - - - 7,263
Payment of lease liability (15,724) 6,316 (21,111) - (886)
Additional paid-in capital 50,100 - - - -
Payment of cash dividends (816,693) (797,173) (782,458) (733,508) (723,747)
Marketable securities issued 100,000 - - - -
Net cash is used in financing activities (912,740) (747,279) (827,393) (709,575) (1,956,261)
NET INCREASE IN CASH AND CASH EQUIVALENTS (5,658,704) (3,639,247) (969,621) 7,663,863 (7,159,451)
Cash and cash equivalents at the beginning of the year 16,348,884 19,988,131 20,957,752 13,293,890 20,453,366
Effect of foreign currencies exchange rate change - - - - (25)
Cash and cash equivalents at end of year 10,690,180 16,348,884 19,988,131 20,957,753 13,293,890
Cash and cash equivalents consist of:
24 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2024
Description 2024 2023 2022 2021 2020
Cash 2,867,479 2,652,775 1,988,262 2,023,077 2,511,548
Current accounts with Bank Indonesia 5,584,147 7,971,412 10,786,740 8,805,300 3,659,969
Current accounts with other banks 505,084 491,330 303,129 211,681 237,715
Placements with Bank Indonesia and other banks 1,733,470 5,233,367 6,910,000 9,917,695 6,884,658
Total cash and cash equivalents 10,690,180 16,348,884 19,988,131 20,957,753 13,293,890
FINANCIAL RATIO (%)
Minimum Capital Adequacy Ratio (CAR) 23.49% 25.71% 24.74% 23.52% 21.64%
Earning Asset Quality 5.66% 4.31% 2.55% 3.31% 3.48%
Non-Performing Loans (NPL-Gross) 3.45% 2.49% 2.83% 4.48% 4.00%
CKPN Against Earning Assets 2.45% 1.72% 1.62% 2.10% 1.93%
Fulfillment of PPAP / CKPN 72.22% 71.72% 73.04% 67.93% 59.48%
Profit Against Income 23.39% 18.32% 18.92% 20.40% 21.70%
Liabilities to Equity 706.91% 735.22% 800.16% 823.17% 735.78%
Liabilities to Total Assets 74.87% 86.02% 88.89% 89.17% 88.04%
Net Interest Margin (NIM) 5.86% 5.57% 5.11% 5.11% 5.55%
Ratio of Fee Based Income to Total Operating Income 6.01% 6.10% 6.32% 5.50% 12.37%
Operating Costs / Operating Income (BOPO) 81.89% 77.27% 76.15% 75.95% 77.76%
Return on Asset (ROA) 1.60% 1.87% 1.95% 2.05% 1.95%
Return on Equity (ROE) 11.89% 13.96% 16.24% 17.26% 18.77%
Cost to Income Ratio (CIR) 39.21% 39.56% 38.41% 38.83% 36.91%
Net Interest Margin (NIM) 5.86% 5.57% 5.11% 5.11% 5.55%
Cost Efficiency Ratio 53.60% 52.53% 50.64% 52.82% 50.93%
Loan to Deposits Ratio (LDR) 82.05% 70.03% 56.50% 51.38% 60.58%
Legal Lending Limit (LLL) - - - - -
Minimum Statutory Reserves (IDR) 1.66% 2.49% 4.75% 5.73% 0.00%
Minimum Statutory Reserves (Foreign Currency) 9.02% 6.62% 7.39% 7.36% 8.22%
Net Open Position (NOP) 0.60% 0.43% 3.26% 0.84% 0.90%
Operations Highlights
Table of Operational Highlights of Bank Jatim (in million Rupiah)
Description 2024 2023 2022 2021 2020
CONVENTIONAL
CREDIT/LOAN
Corporate and Syndication Medium Loan* - - 10,320,231 9,691,297 9,748,903
Retail and Micro Loan Programs * - - 6,272,869 4,981,888 4,173,152
Consumer Loan 33,241,018 30,256,043 27,698,345 26,313,613 25,989,907
Micro Loan ** 9,328,208 6,674,026 5,289,479 - -
Retail and Medium Loans** 11,184,250 6,635,264 4,695,043 - -
PT Bank Pembangunan Daerah Jawa Timur Tbk 25
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01 Performance
Highlights
Description 2024 2023 2022 2021 2020
Commercial and Corporate Loans** - 7,064,083 6,614,321 - -
THIRD PARTIES FUND/DEPOSITS
Current Account 18,811,961 20,750,151 23,477,047 25,862,874 21,039,158
Savings 30,490,156 24,817,360 23,118,307 24,264,622 22,285,619
Deposit 25,266,035 26,828,854 30,543,334 31,088,576 23,316,556
OTHER SERVICES
Treasury 27,421,397 36,430,876 43,251,010 45,281,074 33,911,368
SYARIAH
Funding 2,927,376 2,602,606 2,065,118 1,985,795 1,826,436
Sharia Financing 2,665,824 2,187,858 1,903,471 1,762,368 1,607,359
Sharia Other Services 1,445,377 1,216,406 998,163 1,964,752 1,378,999
* In 2023, it was adjusted to the organizational structure and became part of Micro Credit, Retail and Medium Credit and Commercial and Corporate Credit.
** In 2020 to 2021, it was part of Corporate Medium and Syndication Loan as well as Retail Micro Credit and Programs
Stock
Information
Table of Prices, Volume and Capitalization of Bank Jatim Stock 2023-2024
Price per share Number Market
Trading
of shares Capitalization
Year Volume
Opening Highest Lowest Closing outstanding (IDR Billion)
(Shares)
(IDR) (IDR) (IDR) (IDR) (shares)
2024
Quarter I 625 695 595 600 15,015,498,082 622,466 10,360
Quarter II 600 605 496 525 15,015,498,082 1,040,025 7,582
Quarter III 525 585 520 565 15,015,498,082 187,957 8,483
Quarter IV 570 575 530 540 15,015,498,082 196,815 8,108
2023
Quarter I 710 755 685 735 15,015,498,082 139,115 11,036
Quarter II 735 745 740 645 15,015,498,082 104,445 9,684
Quarter III 650 660 635 635 15,015,498,082 113,499 9,534
Quarter IV 640 640 600 625 15,015,498,082 224,325 9,384
26 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2024
Graph of Bank Jatim Stock Closing Price for 2023-2024
Stock Closing Price (IDR)
735
720
670
645
635
625
620
600
565
570
525 540
520
Quarter I Quarter II Quarter III Quarter IV Quarter I Quarter II Quarter III Quarter IV
2023 2024
Graph of Bank Jatim Stock Trading Volume in 2023-2024
Trading Volume (Share)
1,200,000
1,040,025
1,000,000
800,000 622,466
600,000
400,000 224,325 187,957 196,815
139,115 113,499
104,445
200,000
0
Quarter I Quarter II Quarter III Quarter IV Quarter I Quarter II Quarter III Quarter IV
2023 2024
PT Bank Pembangunan Daerah Jawa Timur Tbk 27
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01 Performance
Highlights
Graph of Price and Trading Volume of Bank Jatim Stock in 2023 – 2024
Trading Volume (Share) Stock Closing Price (IDR)
1,200,000
1,040,025
735 720
1,000,000
670
800,000 622,466
645
600,000 635 620
625
600
400,000 224,325 187,957 196,815
139,115 113,499
104,445 570
565
200,000
540
525
0 520
Quarter I Quarter II Quarter III Quarter IV Quarter I Quarter II Quarter III Quarter IV
2023 2024
Trading Volume (Share) Stock Closing Price (IDR)
Corporate Actions
In 2024 Bank Jatim did not carry out corporate actions related to activities that affect the number of outstanding stock, including
stock splits, stock mergers, stock dividends, bonus stock, and changes in the nominal value of stock.
Termination Action While Trading of Stock (Suspension)
and/or Removing of Stock (Delisting)
As of December 31, 2024, Bank Jatim has never been subject to sanctions for temporarily suspending stock trading (suspension)
and/or delisting stock (delisting).
Bonds, Sukuk
and/or Convertible Bonds Information
As of December 31, 2024, Bank Jatim has not issued bonds/sukuk/convertible bonds. Thus, there is no information regarding bonds/
sukuk/ convertible bonds
28 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2024
Other Funding
Sources
As of December 31, 2024, Bank Jatim has not issued other securities, so there is no information on the chronology of issuance and/
or listing of other securities.
Company
Analysis Report
No Name Recommendation Target Price Date
1. Binaartha Sekuritas Hold 670 May 22, 2024
2. PT Sinarmas Sekuritas Buy 690 May 2, 2024
Resume
• Productive asset performance through loans distribution and ownership of securities could provide optimal net interest income with positive
growth of 9.87% Yoy in Q2-2024 and 9.58% Yoy in Q3-2024 followed by Net Interest Income growth. The Company’s asset management
generated net interest income that grew by 9.58% Yoy.
• Loans distribution grew by 20.13% Yoy. DPK management grew by 3.93% Yoy with the largest contribution, coming from savings that grew by
17.09% Yoy. Net profit in Q3-2024 was IDR 930 billion or decreased by -15.04% Yoy, while CKPN grew by 59.82% Yoy. Meanwhile, Gross NPL
was 3.45%, with loans costs of 1.48% with coverage of 88.12.
• ROA of 1.63%, ROE of 11.57%, NIM of 5.72%. The LDR ratio continuously increased above 70%, in line with loans growth that was quite high above
the banking average and increasing the CASA ratio so that the DPK condition was more balanced and could reduce interest costs.
• Bank Jatim’s active participation in the implementation of the KUB also provided positioning that the Company had good business, and financial
and human capital strengthened so that it could synergize with other BPDs to grow together. In the process, in line with corporate actions, a
business required accurate business steps and calculations, including support from each Controlling Shareholder and OJK as a regulator.
PT Bank Pembangunan Daerah Jawa Timur Tbk 29
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01 Performance
Highlights
Important Events
in 2024
22 February 2024 24 April 2024
As a support manifestation in order to improve the social Bank Jatim provided an ambulance to PMI East Java to optimize
welfare of the community, Bank Jatim had synergized with health services.
BPJS Employment to support the National Movement of
Vulnerable Workers Care (GN Lingkaran) program.
14 May 2024 7 June 2024
Bank Jatim was appointed by Bank Indonesia as Primary Dealer Launching on Card-less Transaction Feature in ATMs & CRMs.
PUVA.
26 June 2024 21 August 2024
MOU signatory between Bank Jatim with Muhammadiyah PW Launching on Cash Waqf Linked Deposit (CWLD) program.
of East Java.
30 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2024
24 August 2024 27 August 2024
Launching on Jconnect Remittance Hong Kong Corridor, such Regional Bank MURI Record with the Largest Loans Contract
as money transfer transaction from Hong Kong via counterpart Consumer.
remittance collaborating with Bank Jatim which was Chandra
Remittance.
24 September 2024 12 September 2024
Closed Loop MOS signatory with Coordinating Ministry for Utilization and exchange of KUR data for the placement of
Economic Affairs in developing Closed Loop Agribusiness Indonesian migrant workers.
Horticulture Partnership in Malang Regency.
15 September 2024 27-29 September 2024
The 2024 JConnect Run. The 2024 Bank Jatim’s Semarak Lelang.
PT Bank Pembangunan Daerah Jawa Timur Tbk 31
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01 Performance
Highlights
13-15 October 2024 30 October 2024
Educational, Exhibition and Business Matching Events attended Bank Jatim conducted mass loans contract with Sugarcane
by export-oriented IKM/UKM partners of Bank Jatim, and Farmers with the total values as of IDR24 Million.
presenting potential buyers from several countries, including
Taiwan, Japan, Malaysia, UAE, and Bangkok.
8 November 2024 10 November 2024
Shareholder Agreement by and between the Lampung Gemerlap Undian Tabungan Simpeda was successfully held.
Provincial Government and Bank Jatim as the Controlling
Shareholder (PSP) of Bank Lampung to regulate the rights and
obligations, control, and authority over Bank Lampung.
14 November 2024 18 November 2024
Bank Jatim distributed CSR to Pamekasan Regional The 2024 Hajj Literacy Gathering.
Government, a support to MSMEs advancement.
32 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2024
12 December 2024 16 December 2024
Shareholder Agreement by and between the Banten Provincial Shareholder Agreement by and between the East Nusa Tenggara
Government and Bank Jatim as the Controlling Shareholder Provincial Government and Bank Jatim as the Controlling
(PSP) of Bank Banten to regulate the rights and obligations, Shareholder (PSP) of Bank NTT to regulate the rights and
control, and authority over Bank Banten. obligations, control, and authority over Bank NTT.
18 December 2024 23 December 2024
BJTM held Multipurpose Loans Draw with Umra Prizes, a PKS Signatory with the Ministry of PUPR regarding the
gratitude to Customers. distribution of FLPP KPR Sejahtera and the 2025 Tapera
Financing.
24 December 2024 24 Desember 2024
Shareholder Agreement by and between the Southeast Sulawesi Cooperation Agreement Signatory with SMF Sharia regarding
Provincial Government and Bank Jatim as the Controlling uncommitted facility line for mudharabah muqayyadah financing.
Shareholder (PSP) of Bank Sultra to regulate the rights and
obligations, control, and authority over Bank Sultra.
PT Bank Pembangunan Daerah Jawa Timur Tbk 33
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34 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2024
Report of Board
of Directors
and Board of
Commissioners
02
PT Bank Pembangunan Daerah Jawa Timur Tbk 35
Page 38
02 Report of Directors
and Board of Commissioners
Board of Directors’
Report
This collaboration has fostered sustainable synergy in terms of to Regional Public Service Agencies (BLUD), Receivable
capital, finance, business, and other supporting aspects, while Financing Loans, Local Government Loans and Trade
also creating added value for fellow Regional Development Finance Loans.
Banks (BPD). Bank Jatim continues to strive for a balance 4. Micro Credit products include Jatim Micro Loans, Micro
between business achievements and broader benefits for Business Loans (KUR), Fintech Linkage Loans, Revolving
stakeholders. This is realized through the concept of Value Fund Credit (Dagulir), and the Warehouse Receipt Subsidy
Beyond Profit to support sustainable finance. Scheme (S-SRG).
5. Retail Credit products include Jatim Retail Loans, BPR
On this occasion, allow us to present the Bank’s management Linkage Loans, Loans to Cooperatives for Members (KKPA),
report for 2024, covering the Bank’s performance, business Loans to Cooperatives (KKOP), and BPR RC Loans (Current
prospect analysis, developments in corporate governance Accounts).
implementation, performance evaluation of Committees under 6. Treasury products include General Foreign Exchange
the Board of Directors, and changes in the composition of the (Telegraphic Transfer), Bank Notes, and Deposit on Call.
Board of Directors. 7. Trade Finance products include Export, Import, and
Domestic Transactions (SKBDN).
8. Business services include Bank References, National
Analysis of Bank Performance Clearing, Real-Time Gross Settlement (RTGS), Rupiah
Collection, Foreign Currency Collection, Check Clearing,
As a company engaged in the banking sector, the aims and BPD Net Online, Jatim Electronic Transfer System
objectives of Bank Jatim are to carry out business in the (JETS), Jconnect Invest, Western Union, and Remittance
field of financial and insurance activities, especially banking, Transactions.
in accordance with the provisions of the applicable laws and 9. Institutional services include Tax Services, Bill Payments,
regulations. In accordance with the vision and mission, Bank Payroll Services, and Trade Transaction Services.
Jatim developed competitive and professionally managed 10. Sharia Financing Products included General financing, iB
products and services in order to encourage regional economic Griya Barokah KPR, Prosperous KPR, Sharia Multipurpose,
growth. The Bank owned both conventional and sharia products iB Barokah Gold, Gold Metal Ownership, Linkage Program,
and services as follows: Umroh iB Maqbulla, iB Barokah Property Construction
Working Capital Financing, iB Barokah Land Acquisition
1. Savings products included Rupiah Current Accounts, Financing, Capital Financing of Working Pattern of
Foreign Currency, Current Accounts, Rupiah Deposits, iB Barokah Presidential Decree, iB Barokah Bonded
Foreign Currency Deposits, Simpeda Savings, Cycle Savings, Investment Collateral Financing (ITIB), iB Barokah
Hajj Savings, My Savings, Student Savings (SIMPEL), Laku Receivable Financing (Factoring), Syndication Financing,
Pandai Savings (SiPandai) and Cycle Retirement Savings. Employee and Personal Financing, Bank Guarantees and
2. Consumer Loan products included Multipurpose Loans, Halal Industrial Area Financing.
Employee Loans & Personal Loans, Car Allowance 11. Sharia funding products and services included iB Barokah
Programs for Motor Vehicle Loans, Cash Collateral Loans, Current Account, Simpel iB Savings, My iB Savings, iB
Gold Collateral Loans and Property Loans. Amanah Umroh Savings, Sipandai iB Barokah Savings,
3. Corporate and Syndication Products included Transactional Santri Savings, iB Barokah Savings, Barokah Prosperous
Contract Contractor Loans, Standby Loans, Contractor Savings, iB Amanah Hajj Savings, Barokah iB Plan Savings,
Loans, General Installment Working Capital Loans, Current Retirement Savings iB Barokah, Barokah Deposits, Virtual
Account Working Capital Loans, Investment Loans, Accounts, Payment Points, E-Channels (SMS Banking,
Property Construction Loans, Syndication Loans, Loans J-Connect Mobile and JConnect Internet Banking) and iB
Barokah Endowments.
36 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2024
Busrul Iman
President Director
Esteemed Shareholders
and Stakeholders,
We extend our gratitude
to God Almighty for His
blessings and grace,
as Bank Jatim has
recorded positive
performance
throughout 2024.
The year 2024
marks a historic
milestone for
Bank Jatim with
the successful
corporate action
of the Bank
Business Group
(KUB) between Bank
Jatim and Bank NTB
Syariah.
PT Bank Pembangunan Daerah Jawa Timur Tbk 37
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02 Report of Directors
and Board of Commissioners
12. E-channels and other services included SMS Banking Directorate of Compliance is supported by the Compliance
(3366), JConnect Internet Banking, JConnect Mobile Division, the Legal Division, and the Policy and Procedure
Banking, JConnect E-Kmg, JConnect E-Loan, Laku Pandai Division. All Divisions have contributed to the performance
Services (Sipandai Bank Jatim), Info Bank Jatim (14044), achievements of their respective Directorates and the overall
ATM Cards Bank Jatim Debit, Bank Jatim Flazz Card performance of the Bank.
(Co- Branding), Safe Deposit Box, Electronic Civil Servant
Car (KPE), Virtual Account, East Java E-Samsat, National Human Capital and Its Management
Digital Samsat (Signal), East Java Code QRIS and BJTM
Connect. In carrying out its operational activities, Bank Jatim has a total
of 7,366 employees with the following educational background
To optimize its products and services for customers, the breakdown: 2,209 employees with non-degree education, 4,806
Bank has established a business network and operational employees with a bachelor’s degree (S1), 346 employees with
areas supported by Branch Offices and Service Offices, both a master’s degree (S2), and 5 (five) employees with a doctoral
conventional and sharia, across East Java, Jakarta, and Batam. degree (S3). In 2024, Bank Jatim implemented a competency
As of December 31, 2024, the Bank operates 48 Branch Offices, development program focused on business performance
175 Sub-Branch Offices, 214 Cash Offices, 197 Payment Points, priorities and employee needs. This program was conducted
40 Mobile Cash/Mobile ATM Units, and 198 Sharia Service through in-house training in collaboration with external and
Offices. internal parties, as well as public training. Throughout 2024, a
total of 5,305 employees out of 5,327 employees participated
Effective Organizational Structure in training programs relevant to their positions and needs.
Strengthening
Information Technology Innovation
Adjusting the organizational structure is one of the key
strategies necessary for the Bank to become an Agile Bank Jatim recognizes that the demand for digitalization services
Organization. Moreover, the proper organizational structure continues to increase. The Bank has innovated and invested in
adjustment supports the smooth execution of the Bank’s technology to remain competitive in the advancement of digital
business processes, enabling the company to achieve its banking technology. In 2024, Bank Jatim took steps to develop
vision and mission effectively. The implementation of Bank information technology innovations, such as the development
management is reflected in Bank Jatim’s organizational of New JConnect Mobile, which is almost equivalent to a super
structure, which is divided into six (6) Directorates under the app Mobile Banking, and the development of Digital Ecosystem
President Director, namely: Directorate of Micro, Retail, and Digitalization. Bank Jatim remains consistently committed
Medium, Directorate of Finance, Treasury, and Global Services, to transformation and innovation by making digitalization its
Directorate of Risk Management, Directorate of IT and Digital, foundation. This is because digitalization consolidates business
Directorate of Operations, and Directorate of Compliance. processes, enhances speed, and enables the Bank to achieve
Each Directorate is divided into several Divisions that support optimal performance.
the execution of tasks related to the Board of Directors. The
President Director is supported by the Corporate Secretary Operational and Financial Performance
Division and the Internal Audit Division. The President Director
is also supported by several SEVPs, including SEVP Corporate, Operational and financial performance in 2024 recorded
Syndication and Institutional, SEVP Consumer Banking, SEVP positive growth. This section will present an economic
Sharia Business, SEVP Corporate Transformation, and SEVP analysis, the determination of competitive loan and deposit
Network and Services. The Directorate of Micro, Retail, and interest rates, strategic policies and strategies, achievement
Medium is supported by the Retail and Medium Credit Division of performance targets, as well as the challenges faced by the
as well as the Micro Credit Division. The Directorate of Finance, Bank and the efforts to overcome them.
Treasury, and Global Services is supported by the Accounting
and Financial Management Division, the Treasury Division, Economic Analysis
and the International Banking Division. The Directorate of
Risk Management is supported by the Risk Management The global economic conditions in 2024 faced several major
Division, the Credit Risk Division, and the Credit Restructuring challenges that had the potential to disrupt global economic
and Resolution Division. The Directorate of IT and Digital is stability. These challenges were primarily related to escalating
supported by the Information Technology Division as well as geopolitical tensions, such as the ongoing Russia-Ukraine
the Digital Banking Division. The Directorate of Operations conflict, which created uncertainty across many sectors,
is supported by the Operations Center Division, the General including global energy and food supply chains. Amid these
Affairs Division, and the Product Development Division. The geopolitical tensions and policies affecting international
38 PT Bank Pembangunan Daerah Jawa Timur Tbk
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2024
relations, global economic growth in 2024 reached 3.2%. Amid these dynamics, Indonesia’s banking sector successfully
Developed countries experienced relatively slow growth of maintained credit quality stability. The gross NPL ratio of
1.7%. Meanwhile, developing countries, despite facing similar Indonesian banks in 2024 remained stable at 2.08%, improving
challenges, achieved higher growth at 4.2%. On the other from 2.19% in 2023. This reflects the banking sector’s resilience
hand, the Middle East and Asia, which also encountered various despite persistent economic challenges. The decline in the NPL
political and economic challenges, recorded a growth rate of ratio signifies the success of Indonesian banks in managing
2.4%, despite ongoing tensions in several regions. credit risks effectively, supported by sound economic policies
and innovations in risk management. However, it remains
Amid the dynamics of global economic conditions, the national crucial for banks to sustain credit quality and stay vigilant
economy remained resilient, although it experienced a relative against potential risks arising from changes in domestic and
slowdown compared to the previous year. The national global economic conditions.
economy grew cumulatively by 5.03% in 2024, driven by
domestic demand, particularly from the household sector, as Determination of Credit, Savings and
well as the support of responsive economic policy measures. Competitive Interest Rates
From the banking industry perspective, the national financial Based on economic and industry analysis while considering
system stability (SKK) was also supported by the resilience existing challenges, Bank Jatim has set market targets focused
of the banking sector. This resilience was reflected in strong on increasing Third-Party Funds (DPK) and loans. The DPK and
intermediation performance, well-maintained credit quality, loan disbursement targets for 2024 were set at IDR 90.76 trillion
and relatively robust capitalization, accompanied by a gradually and IDR 66.83 trillion, respectively. This growth was pursued
improving NPL ratio over the years. Bank credit in 2024 grew through various promotional programs and collaborations with
by 10.39% (yoy), slightly increasing from the previous period’s banking institutions, entities, and other companies.
10.38% (yoy), demonstrating the strength and adaptability
of Indonesia’s banking sector in response to the evolving To achieve these market targets, the prime lending rates for
economic landscape. Similarly, Third-Party Funds (DPK) in the 2024 have been established as follows:
banking sector grew by 4.48%, higher than the 3.73% (yoy)
recorded in 2023, indicating the public’s preference for more
liquid deposit instruments amid ongoing economic dynamics.
Table of Prime Lending Rate
Bank Jatim Prime Lending Rate as of December 2024
Based on Business Segment
Consumer Loan
Corporate Loan Retail Loan Micro Loan
KPR Non KPR
7.85% 8.93% 13.35% 8.23% 9.52%
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02 Report of Directors
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In addition, bank Jatim also set competitive and competitive interest rates for time deposits and current accounts presented as
follows:
Table of Savings Interest Rates as of December 2024
Tier Interest Rate
RUPIAH (IDR)
SIMPEDA
0-< IDR 1 million 0,00%
IDR 1 million -< IDR 10 million 0,50%
IDR 10 million -< IDR 50 million 0,75%
IDR 50 million -< IDR 500 million 1,00%
≥ IDR 500 million 1,50%
SIKLUS
0-< IDR 1 million 0,00%
IDR 1 million-< IDR 10 million 0,75%
IDR 10 million-< IDR 50 million 1,00%
IDR 50 million -< IDR 500 million 1,25%
≥ IDR 500 million 1,50%
SIKLUS MIKRO KECIL (SiUMI)
0-IDR 500 thousand 0,00%
> IDR 500 thousand 1,50%
SIKLUS NELAYAN (SiNyal)
0-IDR 500 thousand 0,00%
> IDR 500 thousand 0,50%
HAJI
All nominals 1,00%
TABUNGANKU
0-IDR 500 thousand 0,00%
>IDR 500 thousand-IDR 1 million 0,25%
>IDR 1 million 1,00%
Note:
• Interest is calculated daily and follows the applicable tiering system.
• Interest is paid according to the payment period.
SIKLUS PRIORITAS
0-< IDR 500 thousand 0,00%
IDR 500 thousand-< IDR 7,5 million 1,50%
IDR 7,5 million-< IDR 100 million 1,75%
IDR 100 million-< IDR 1 billion 2,00%
≥IDR 1 billion 2,25%
SIMPANAN LAKU PANDAI
All nominals 0,50%
SIKLUS PENSIUN
0-< IDR250 thousand 0,00%
IDR 250 thousand -< IDR 7,5 million 1,25%
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Annual Report
2024
Tier Interest Rate
IDR 7,5 juta-< IDR 100 million 1,50%
≥IDR 100 million 1,75%
VALAS
SIKLUS VALAS
USD
< USD 100 0,00%
> USD100,00-≤ USD10.000,00 0,05%
> USD10.000,00-≤ USD100.000,00 0,15%
> USD100.000,00 0,25%
SGD
< SGD100 0,00%
> SGD100,00-≤ SGD10.000,00 0,05%
> SGD10.000,00-≤ SGD100.000,00 0,15%
> SGD100.000,00 0,20%
EUR
0-EUR300 0,00%
> EUR300 0,10%
JPY
All nominals 0,00%
HKD
All nominals 0,00%
Table of Time Deposit Interest Rates Per December 2024
Tenor (month)
Tier
1 2 3 6 12 18 24
Month Month Month Month Month Month Month
≥IDR 2,5 million-IDR 1 billion 2,70% pa 2,80% pa 2,90% pa 3,00% pa 3,10% pa 3,15% pa 3,15% pa
>IDR 1 billion 2,75% pa 2,85% pa 2,95% pa 3,05% pa 3,15% pa 3,15% pa 3,15% pa
Table of Foreign Exchange Interest Rates Per December 2024
Tenor (month)
Tier
1 Month 3 Month 6 Month 12 Month
USD
≥ USD 1.000-≤ USD 100.000 0,75% pa
> USD 100.000 1,00% pa
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02 Report of Directors
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Tenor (month)
Tier
1 Month 3 Month 6 Month 12 Month
SGD
≥ SGD1.000 0,10% pa
EUR
≥ EUR750 Each placement must receive approval from the relevant Division
JPY
≥ JPY100.000 Each placement must receive approval from the relevant Division
HKD
≥ HKD7.500 Each placement must receive approval from the relevant Division
AUD
≥ AUD2.000 0,50% pa
CNY
≥ CNY7.000 0,70% pa
*) above the counter rate, the branch request head office approval
Table of Interest Rates for On Call Deposits of December 2024
Tier Interest Rate
Deposito On Call (IDR) 0.75% below the market interest rate of Government Banks, BPD or PrivateBanks obtained
from LHBU or Reuters
Tabel Suku Bunga Giro Per Desember 2024
Tier Interest Rate
RUPIAH
Progressive daily current account service calculation
IDR 0-IDR 5 million 0,00%
> IDR 5 million-IDR 100 million 0,50%
> IDR 100 million-IDR1 billion 0,75%
> IDR 1 billion-IDR 500 billion 0,90%
> IDR 500 billion-IDR 750 billion 1,25%
> IDR 750 billion 1,75%
Current account Escrow Account Same as current account Rupiah. and must be included in the Cooperation Agreement (PK)
FOREIGN EXCHANGE
USD Foreign Currency Current Account
≤ USD1.000,00 0,00%
> USD1.000,00-≤ USD10.000,00 0,05%
> USD10.000,00-≤ USD100.000,00 0,15%
> USD100.000,00 0,25%
42 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
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Tier Interest Rate
SGD Foreign Currency Current Account
≤ SGD1.000,00 0,00%
> SGD1.000,00-≤ SGD10.000,00 0,05%
> SGD10.000,00-≤ SGD100.000,00 0,15%
> SGD100.000,00 0,20%
EUR Foreign Currency Current Account
EUR 0,10%
JPY Foreign Currency Current Account
JPY 0,00%
AUD Foreign Currency Current Account
AUD 15.000 -< AUD 150.000 0,20%
≥ AUD 150.000 0,50%
HKD Foreign Currency Current Account
HKD 78.000 -< HKD 780.000 0,20%
≥ HKD 780.000 0,50%
CNY Foreign Currency Current Account
CNY 72.000 -< CNY 720.000 0,20%
≥ CNY 720.000 0,50%
Table of Profit Sharing Ratio
Products Profit Sharing Ratio Realization of Sharing Ratio
Individual Wadiah Curent Account 0,00% 0,00%
General Wadiah Current Account for Service/Government 0,00% 0,00%
Public Private Wadiah Current Account 0,00% 0,00%
Government General Mudharabah Current Account 5,00% 0,47%
Public Private General Mudharabah Current Account 5,00% 0,47%
Individual Mudharabah Current Account 5,00% 0,47%
TabunganKu iB 0,00% 0,00%
Laku Pandai Savings 0,00% 0,00%
Simpel Savings 0,00% 0,00%
Santri Savings 0,00% 0,00%
Umroh iB Amanah Savings 0,00% 0,00%
Haji Amanah Savings 10,00% 0,94%
Barokah Savings 12,50% 1,17%
iB Barokah Sejahtera Savings 4,00% 0,38%
iB Barokah Plan Savings 25,00% 2,35%
iB Barokah Pension Savings 15,00% 1,41%
1 Month Deposit 36,00% 3,38%
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02 Report of Directors
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Products Profit Sharing Ratio Realization of Sharing Ratio
3 Months Deposit 38,00% 3,56%
6 Months Deposit 41,00% 3,85%
12 Months Deposit 42,50% 3,99%
Strategy and Strategic Policy Achievement of Performance Targets
The Board of Directors directly leads the formulation of the Based on the strategies that have been implemented, in 2024
Bank’s strategy through various meetings between the Board Bank Jatim has achieved good performance as targeted. On a
of Directors and key management. The strategy is outlined Bank Only basis, Bank Jatim’s 2024 performance includes the
in the Bank’s Business Plan (RBB), with its implementation following: in the Conventional segment, the total disbursement
continuously evaluated by the Board of Directors to ensure the of Micro Segment Loans in 2024 reached IDR9.33 trillion,
effectiveness of the established strategies. The evaluation is an increase of 39.77% compared to 2023 which was
conducted through various internal reports and meetings with IDR6.67 trillion. The total disbursement of retail and
Division Heads. medium segment loans in 2024 amounted to IDR11.06
trillion, an increase of 40.41% compared to 2023 which was
In line with the Bank’s policy direction and considering the IDR7.88 trillion. The total disbursement of corporate segment
latest economic developments, management has formulated loans in 2024 was IDR7.35 trillion, an increase of 8.69%
the strategic focus for 2024, which is implemented to achieve compared to 2023 which was IDR6.76 trillion. The total
sustainable business growth as follows: disbursement of consumer loans in 2024 was IDR33.37 trillion,
1. Implementation of the Perfect-I strategy, focused on an increase of 10.29% compared to 2023 which was IDR30.26
strengthening the organization, improving IT policies, trillion.
optimizing the core banking system, enhancing
infrastructure management, developing innovative In the Sharia segment, the total collection of third-party funds
business applications, and increasing IT system security. (DPK) in 2024 amounted to IDR2.93 trillion, an increase of
2. To improve the performance of the Sharia Business 12.49% compared to 2023 which was IDR2.60 trillion. The
Unit (UUS) in accordance with OJK Regulation No. 12/ increase in DPK collection mainly came from the growth of
POJK/2023, Bank Jatim implements the Dual Banking Giro IB Barokah (Mudharabah), which rose by 2,166.86%
Leverage Model (DBLM) strategy. or IDR38.70 billion. The total loan disbursement in 2024
3. Inorganic business growth strategy through capital reached IDR2.67 trillion, an increase of 21.85% compared
investment in financial institutions or via the Bank Business to 2023 which was IDR2.19 trillion. In terms of profitability,
Group. Bank Jatim recorded positive growth by the end of 2024. In
4. Plan for issuing a Sustainable Public Offering (PUB) by 2024, the total net interest and sharia income was recorded at
issuing bonds. IDR5,476,918 million, an increase of 10.62% from 2023 which
5. Refinement of performance management system was IDR4,950,932 million.
implementation (KPI effectiveness).
6. Transformation of Organizational Structure, Human In general, Bank Jatim has met the expectations of its
Capital, and Digital Banking. stakeholders. Various targets that were set have been realized
7. Optimization of policy and procedure forums to ensure in 2024. The total assets reached 96.33% of the target, with
effective and efficient discussions of internal regulations. a realization of IDR102.07 trillion in 2024, slightly below the
8. Planning office networks and services, particularly new target due to a decline in current accounts and deposits. Loan
branch offices, and expanding electronic networks in high- disbursement reached 95.85% of the target, with a realization
potential locations. of IDR64.06 trillion in 2024. Third-party funds in 2024 were
9. Accelerating credit growth, supported by the five pillars of realized at IDR77.50 trillion, achieving 85.39% of the target,
Bank Jatim’s transformation. in line with the decrease in current accounts and deposits.
10. Increasing trade finance transactions. Nevertheless, third-party funds from savings grew by 9.18%
11. Enhancing low-cost fund acquisition to improve CASA year-on-year as part of efforts to increase low-cost funds.
(Current Account Savings Account) ratio.
12. Improve Institutional Relations With Government And
Private Agencies.
44 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2024
On the revenue side, interest income achievement stood at Suboptimal marketing activities are also one of the challenges
100.19%, with a 2024 realization of IDR8.03 trillion. The pre- faced by the Bank. To overcome this, the Bank has a strategy
tax profit for the current year in 2024 reached 81.92%, with a to carry out continuous promotional activities by following
realization of IDR1.65 trillion, falling below the target due to an and adapting to National Holidays themes and supporting
increase in operating expenses other than interest. Government Programs by conducting comprehensive
financial education and literacy activities for specific customer
On a consolidated basis, Bank Jatim’s performance in 2024 categories/groups.
includes the following: the total loan disbursement in 2024 was
IDR75.35 trillion, an increase of 37.60% compared to 2023,
which was IDR54.76 trillion. The total loan disbursement to Important Things to Happen in The
MSME debtors in 2024 was IDR20.94 trillion, an increase of Future and Business Prospects
40.27% compared to 2023, which was IDR14.93 trillion. The
total loan disbursement to non-MSME debtors in 2024 was The global economy is expected to remain stable despite facing
IDR54.42 trillion, an increase of 36.61% compared to 2023, various challenges. Post-pandemic, the global economy has
which was IDR39.83 trillion. The total third-party funds (DPK) shown resilience, but disparities still affect its potential for
collected in 2024 amounted to IDR90.01 trillion, an increase economic performance improvement in the coming years. One
of 15.11% compared to 2023, which was IDR78.20 trillion. of the key factors influencing global economic performance
This increase in DPK mainly came from the growth in Savings is inflation. Although inflation rates in most countries have
by 22.76% or IDR6.56 trillion, and the growth in Deposits by approached central bank targets, price pressures persist in
19.41% or IDR5.52 trillion. certain nations. Additionally, the escalation of geopolitical
conflicts and regional tensions, advancements in artificial
The total assets in 2024 were IDR118.14 trillion, an increase of intelligence (AI) disrupting the technology and production
13.76% compared to 2023, which was IDR103.85 trillion. Equity sectors, and extreme climate changes affecting energy and
in 2024 amounted to IDR12.53 trillion, an increase of 3.09% food supply chains have significantly impacted the global
compared to 2023, which was IDR12.15 trillion. economy.
To support economic activities, central banks in various
Obstacles Faced by Banks and Efforts to countries have implemented policies such as interest rate cuts,
Overcome Them which are expected to stimulate the economy, as well as fiscal
policy adjustments in response to monetary policy easing. In
Although showing good performance, the Bank also faces this context, the International Monetary Fund (IMF) projects
various challenges. These challenges include the need to that global economic growth in 2025 will continue to face
improve human resource capabilities, especially in business various challenges that may hinder its acceleration.
and business support areas, to drive business growth. To
overcome these challenges, the Bank has a strategy to fulfill Amid various global economic challenges, Indonesia’s
adequacy and enhance personnel competencies, particularly in economic growth in 2025 is projected to reach 5.2%, driven by
business areas, as well as to refine the implementation of the stable domestic demand and increased investment. Controlled
performance management system and fulfill supporting tools. inflation and heightened economic activity leading up to the
elections and religious holidays are expected to further boost
Another challenge relates to digital banking technology the economy. The financial services industry plays a crucial
infrastructure, IT security, and the competence of its human role in supporting this growth, with the sector anticipated to
resources. To address these challenges, the Bank implements continue expanding alongside rising investments.
the Perfect-I strategy, which focuses on strengthening the
organization, improving IT policies, optimizing the core The positive outlook for Indonesia’s economic growth aligns
banking system, better infrastructure management, developing with projections for credit disbursement and Third-Party Funds
innovative business applications, and enhancing IT system (DPK) in the banking sector, which are expected to record stable
security. growth in 2025. This growth is supported by macroeconomic
stability and sustained domestic consumption. Bank lending
is expected to continue expanding at a moderate pace, with
PT Bank Pembangunan Daerah Jawa Timur Tbk 45
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02 Report of Directors
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banks likely focusing on high-potential sectors such as MSMEs, performance within the Bank’s operations. In its efforts to
infrastructure, and the technology and digital sectors, which establish robust and sustainable corporate governance, Bank
have gained significant attention in recent years. According Jatim applies GCG principles based on the ETAK concept
to Bank Indonesia’s projections, bank credit is expected to (Ethics, Transparency, Accountability, and Sustainability).
grow by approximately 11%-13%, driven by increased demand This approach aims to ensure that the bank is managed
for business capital in line with the recovery of the domestic with principles that uphold business ethics, information
economy and rising consumer spending. A more flexible transparency, clear accountability, and sustainability in its
monetary policy and relatively stable interest rates could also operations.
support credit expansion, although risks related to inflation and
global uncertainties must still be carefully monitored. Ethics in Bank Jatim’s governance encompass the application
of moral values and integrity in every aspect of banking
Based on global and national economic conditions, as well as operations. Business ethics are implemented through the Code
the future development of the banking industry, Bank Jatim of Conduct, Anti-Fraud Policy, and Whistleblowing System. The
remains highly optimistic about its long-term prospects. Code of Conduct applies to all management and employees
This optimism stems from various opportunities that can be in carrying out banking activities and in interactions between
leveraged to achieve long-term goals. These opportunities Board of Commissioners, Board of Directors, employees, and
include: all stakeholders. The Bank requires the signing of an Integrity
1. The shift in consumer behavior towards utilizing banking Pact, which must then be implemented to the fullest extent.
technology. The successful implementation of the Code of Conduct is the
2. The demographic landscape of the millennial generation, responsibility of all leaders within their respective business
which consists of active internet and e-commerce users, as units.
well as the potential for digital economy and finance.
3. The positive climate of sustainable economic growth in In order to prevent operational deviations within the Bank,
East Java. particularly fraud that could harm customers or the bank itself, it
4. The significant market potential of Bank Jatim, particularly is essential to enhance the effectiveness of internal controls as
among Civil Servants (PNS), the Islamic economic part of efforts to minimize fraud risks, including implementing
ecosystem, local and private government ecosystems, and an anti-fraud strategy. The fraud control system has been
the MSME ecosystem. implemented in accordance with the anti-fraud strategy
5. Regional economic development programs within East guidelines. Every fraud incident receives special attention in its
Java Province. resolution, and Bank Management requires all relevant internal
6. The utilization of Artificial Intelligence (AI) and emerging stakeholders to be aware of fraud prevention. Continuous
technologies to enhance operational efficiency and efforts are made to foster anti-fraud awareness through a
customer experience. zero-tolerance policy toward fraud. The Bank has conducted
7. Collaboration with the creative and digital industries. Whistleblowing System awareness campaigns alongside the
dissemination of anti-fraud strategy implementation, as well as
Based on the available opportunities, the formulation of Bank during exit meetings for audit results and employee briefings,
Jatim’s business development strategy for 2025 is focused on including for new employees.
the following aspects:
1. Development and strengthening of information technology Regarding transparency, Bank Jatim is committed to
security infrastructure. maintaining transparency across all operational aspects,
2. Market deepening by leveraging technology and optimizing including providing information to stakeholders. The Bank has
the role of branch networks, including financial agents. provided contact details through its website or Annual Report,
3. Synergy with various parties, particularly the government, allowing stakeholders to submit complaints, suggestions, or
to drive performance achievements and contribute to the potential violations of their rights. In addition to the annual
economy. report, the Bank has disclosed corporate information through
4. Optimization of digital-based and environmentally friendly quarterly reports and financial statements, which can be
products/services. accessed on the Bank’s website. The public can transparently
access all financial and non-financial reports published by Bank
Jatim through various available channels in a timely, complete,
Corporate Governance and accurate manner.
The implementation of Corporate Governance at Bank Jatim
consistently adheres to applicable regulations. The application
of good corporate governance (GCG) fosters strong business
46 PT Bank Pembangunan Daerah Jawa Timur Tbk
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2024
Bank Jatim utilizes various communication channels for both Jatim consistently applies the principle of prudence in credit
internal and external parties to build the company’s image distribution. The Bank provides credit to business sectors
through print media, electronic media, broadcast media, that meet the Sustainable Business Activity Criteria (KKUB),
display media, and others. To facilitate public access to the prioritizing efficiency and effectiveness in the sustainable use
latest information about the company, Bank Jatim maintains of natural resources. Additionally, when granting credit, the
a corporate website at www.bankjatim.co.id, which also serves Bank pays close attention to Environmental Impact Analysis
as a service portal. The website provides detailed information (AMDAL), particularly for large or high-risk companies applying
about Bank Jatim, including its history, organizational for loans.
structure, vision and mission, management, network,
achievements, funding products, credit products, and services Regarding the social aspect, Bank Jatim is committed to
for both conventional and Sharia banking. Additionally, the providing the best products and services, including ensuring
website contains information on CSR distribution and the latest equal treatment for all customers. The bank guarantees that
news or updates about Bank Jatim. all consumers receive equal services without discrimination
based on background, ethnicity, race, gender, religion, political
To maintain the trust of shareholders and stakeholders, the views, or other factors. For employees, Bank Jatim is dedicated
Investor Relations team at Bank Jatim directly engages with to providing equal employment opportunities, ensuring
investors, analysts, and shareholders to present the Bank’s fair chances for skill development, career advancement,
performance. Bank Jatim remains committed to transparency remuneration, and other benefits. For the community, Bank
in reporting, ensuring that both periodic and incidental reports Jatim’s operations have had a positive impact. The bank
are submitted to regulators in a timely manner in accordance directly benefits society by offering various banking products
with applicable laws and regulations. and services across all districts and cities in East Java. As
a regionally owned enterprise, Bank Jatim also contributes
Regarding accountability, all Bank organs have carried out to the economic development of the area. Indirectly, the
their duties and responsibilities effectively. Throughout 2024, bank supports communities through the implementation of
the Board of Directors has fulfilled its duties, obligations, Corporate Social and Environmental Responsibility (TJSL)
and responsibilities properly. The main tasks of the Board programs.
of Directors during 2024 included drafting the Bank’s
Business Plan, implementing IT strengthening projects and Bank Jatim strives to actively participate in environmental
digital banking development, managing assets and finances, conservation efforts. This commitment is reflected in various
conducting Board of Directors meetings as well as joint environmental sustainability initiatives. The bank continuously
meetings with the Board of Commissioners, organizing the seeks to preserve nature by using eco-friendly materials
Annual General Meeting of Shareholders for the 2023 financial and equipment to support its operations. One such effort
year held in 2024, overseeing and improving internal business is replacing conventional lighting with LED lights in office
processes, implementing Good Corporate Governance in all buildings, as these materials are more environmentally friendly.
business activities, distributing Corporate Social Responsibility
funds through various Bank Jatim Cares programs, and carrying To evaluate the effectiveness of corporate governance
out other tasks related to the Bank’s management. implementation, Bank Jatim conducts periodic GCG
Assessments in accordance with SEOJK 13/SEOJK.03/2017,
Throughout 2024, the Board of Commissioners has performed issued on March 17, 2017, regarding Corporate Governance
its duties and responsibilities in overseeing management Implementation for Commercial Banks. The self-assessment
policies and the Bank’s overall governance. The Board of results for the first and second semesters of 2024 yielded
Commissioners has issued 15 (fifteen) approval letters under a rating of 3, indicating that corporate governance
its authority, as stipulated in the Bank’s Articles of Association implementation is adequate or good but still has room for
and applicable regulations. Additionally, throughout the year, improvement and strengthening. The assessment results
the Board of Commissioners has provided recommendations are followed up to enhance the continuous and effective
and carried out its duties through various forums, including implementation of good corporate governance.
Board of Commissioners meetings, meetings with committees
under the Board of Commissioners, and on-site visits.
To ensure the implementation of sustainability, as a financial
institution playing a crucial role in regional economic growth,
Bank Jatim is committed to integrating sustainability principles
into its operations based on three main pillars: economic, social,
and environmental aspects. In the economic aspect, Bank
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02 Report of Directors
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Performance Assessment of COMPOSITION OF THE BOARD OF DIRECTORS AFTER THE
Committees under The Board of 2023 FISCAL YEAR ANNUAL GMS
Directors On February 7, 2024, the 2023 Fiscal Year AGMS decided
to dismiss Tonny Prasetyo as Director of Compliance and
In carrying out their respective duties and responsibilities, the approved the appointment of Umi Rodiyah as the Bank’s
Board of Directors is supported by seven committees under its Director of Compliance. Thus, the composition of Bank Jatim’s
supervision, which include: Board of Directors after the 2023 Fiscal Year AGMS consists of
1. Asset Liability Committee (ALCO); seven (7) members, as follows:
2. Risk Management Committe;
3. Personnel Management Committee; Busrul Iman : President Director
4. Information Technology Committee; Edi Masrianto : Director of Finance, Treasury & Global
5. Credit Committee; Services
6. Credit Policy Committee; R. Arief Wicaksono : Director of Micro, Retail & Medium
7. Product Committee Enterprises
Zulhelfi Abidin : Director of IT & Digital
Throughout 2024, the Board of Directors assessed that these Eko Susetyono : DirektDirector of Risk Management
committees effectively fulfilled their duties and responsibilities. Arif Suhirman : Director of Operations
Umi Rodiyah : Director of Compliance
Changes in The Composition of Members COMPOSITION OF THE BOARD OF DIRECTORS AFTER THE
of The Board of Directors 2024 FISCAL YEAR EXTRAORDINARY GMS
On December 11, 2024, the Extraordinary General Meeting of
During 2024, there were changes in the composition of the Shareholders (EGMS) decided to change the nomenclature of
Board of Directors. These changes were made based on the Bank Jatim’s Board of Directors as follows:
Bank’s needs. The composition changes are as follows:
Previous Nomenclature New Nomenclature
COMPOSITION OF THE BOARD OF DIRECTORS BEFORE THE
2023 FISCAL YEAR ANNUAL GMS President Director President Director
Before the 2023 Fiscal Year Annual GMS, the Board of Directors
Director of Micro, Retail & Director of Micro, Retail Business &
of Bank Jatim consisted of seven members, including one Medium Enterprises Sharia Banking
President Director and six Directors, as follows:
Director of Risk Management Director of Risk Management
Busrul Iman : President Director Director of IT & Digital Director of IT, Digital & Operations
Tonny Prasetyo : Director of Compliance Director of Operations Director of Medium, Corporate
Edi Masrianto : Director of Finance, Treasury & Global Business & Network
Services
Director of Finance, Treasury Director of Finance, Treasury &
R. Arief Wicaksono : Director of Micro, Retail & Medium & Global Services Global Services
Enterprises
Director of Compliance Director of Compliance
Zulhelfi Abidin : Director of IT & Digital
Eko Susetyono : Director of Risk Management
Arif Suhirman : Director of Operations
48 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Thus, the composition of Bank Jatim’s Board of Directors after the nomenclature change is as follows:
Busrul Iman : President Director
Edi Masrianto : Director of Finance, Treasury & Global Services
R. Arief Wicaksono : Director of Micro Business, Retail and Sharia Business
Zulhelfi Abidin : Director of IT, Digital & Operations
Eko Susetyono : Director of Risk Management
Arif Suhirman : Director of Medium Business, Corporate & Network
Umi Rodiyah : Director of Compliance
Closing
The Board of Directors expresses its gratitude to all shareholders, customers, business partners, and stakeholders for their trust and
support in Bank Jatim. We also extend our highest appreciation to the entire management team and employees for their dedication
and hard work in achieving the company’s targets.
We hope this report provides a clear overview of Bank Jatim’s performance and the strategic direction we will pursue in the future.
May Bank Jatim continue to grow and bring greater benefits to the economy and society.
Surabaya, April 29, 2025
On behalf of the Board of Directors
Busrul Iman
President Director
PT Bank Pembangunan Daerah Jawa Timur Tbk 49
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02 Report of Directors
and Board of Commissioners
Board of Directors
From Left to Right
Zulhelfi Abidin : Director of IT, Digital & Operations
R. Arief Wicaksono : Director of Micro Business, Retail and Sharia Business
Busrul Iman : President Director
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Annual Report
2024
Edi Masrianto : Director of Finance, Treasury & Global Services
Umi Rodiyah : Director of Compliance
Arif Suhirman : Director of Medium Business, Corporate & Network
Eko Susetyono : Director of Risk Management
PT Bank Pembangunan Daerah Jawa Timur Tbk 51
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02 Report of Directors
and Board of Commissioners
The Board of Commissioners’
Report
Dear Shareholders and Stakeholders,
We extend our gratitude to God Almighty for His blessings and grace, Bank Jatim
was able to record strong performance in 2024. The Board of Commissioners
extends its appreciation to the Board of Directors for maintaining and delivering solid
performance amid global uncertainty caused by geopolitical dynamics.
On this occasion, the Board of Commissioners presents its 1. Approval for the Implementation of the Annual General
supervisory report and advisory role to the Board of Directors Meeting of Shareholders for the Fiscal Year 2023 of PT
throughout 2024. This report will include assessments of Bank Pembangunan Daerah Jawa Timur Tbk.
the Board of Directors’ performance, views on the business 2. Approval for the Preparatory Briefing for the Fit & Proper
prospects prepared by the Board of Directors, views on the Test by the Financial Services Authority for Prospective
Bank’s corporate governance implementation, as well as the Members of the Sharia Supervisory Board.
composition and changes in the members of the Board of 3. Approval of the Key Performance Indicators (KPI) for the
Directors and Board of Commissioners. Herewith, we present Board of Directors for 2023.
the Board of Commissioners’ supervisory report and advisory 4. Approval of the 2024 Audit Plan.
role regarding the management of the Bank for the 2024 5. Approval of the Corporate Action Plan for Capital
financial year. Investment by Bank Jatim in Bank Lampung.
6. Approval of the Key Performance Indicators (KPI) for the
Sharia Supervisory Board for 2023.
Performance Assessment of Board of 7. Approval of the Standard Operating Procedure (SOP) for
Directors the Work of the Board of Directors.
8. Approval of Adjustments to the 2024 Bank Jatim Business
Before presenting the Board of Commissioners’ assessment on Plan.
the Board of Directors’ performance achievements, the Board 9. Approval of the Product Activity Policy (KPA) for Anti-
of Commissioners will first outline the frequency and methods Money Laundering (APU), Counter-Terrorism Financing
of providing advice to the Board of Directors, as well as the (PPT), and Prevention of Financial Crimes (PPPSPM).
Board of Commissioners’ oversight of the formulation and 10. Approval of the Revision of the 2024 Bank Jatim Business
implementation of strategic alternatives. Plan.
11. Provision of Financing Facilities to Amal Usaha
Advice from the Board of Commissioners to the Board of Muhammadiyah, Universitas Muhammadiyah Surabaya.
Directors was provided both formally and informally through 12. Acceleration of the Appointment of an Independent
various means, including online and offline meetings, as well Consultant in Relation to the Planned Formation of a
as in written form. Formal advice was delivered through Joint Banking Business Group (KUB) with Bank Sultra and Bank
Meetings of the Board of Commissioners and the Board of NTT.
Directors, while informal advice was given during on-site 13. Approval of the 2025 Bank Jatim Business Plan.
visits and sharing sessions. Throughout 2024, the Board of 14. Approval and Appointment of a Public Accountant (AP)
Commissioners held 18 (eighteen) joint meetings with the and/or Public Accounting Firm (KAP) to Audit the Financial
Board of Directors. Statements of PT Bank Pembangunan Daerah Jawa Timur
Tbk for 2024.
The Board of Commissioners has provided recommendations 15. Provision of Year-End 2024 Variable Compensation for
and carried out its duties and responsibilities accordingly. Management, the Sharia Supervisory Board, and Committees
In 2024, the Board of Commissioners has issued 15 (fifteen) of PT Bank Pembangunan Daerah Jawa Timur Tbk.
approval letters within its authority as stipulated in the Articles
of Association and applicable regulations. Some of these
approvals include the following.
52 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2024
The Board of Commissioners consistently carries out its duties, the preparation of the Bank’s Business Plan (RBB) and
obligations, and responsibilities in overseeing the formulation approving the Corporate Plan and Business Plan. Meanwhile,
of alternatives, the determination, and the implementation supervision of strategy implementation is conducted through
of the Bank’s strategies in accordance with the Company’s monitoring, advising, and guiding the Board of Directors in
Articles of Association and applicable laws and regulations. The executing the Bank’s business activities
supervision of strategy formulation is carried out by overseeing
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02 Report of Directors
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In assessing the performance of the Board of Directors, the The divergence in economic growth patterns among countries
Board of Commissioners considers several aspects as the basis is expected to persist as economic and trade fragmentation
for evaluation. These aspects include economic conditions, continues to intensify in the future. The World Economic
performance achievements—covering operational performance, Outlook report by the IMF, released in January 2025, revised
financial performance, and the company’s soundness level. The economic growth projections for advanced economies—
assessment of the Board of Directors’ performance can be including Japan and the United Kingdom—downward compared
presented as follows. to previous estimates. However, the U.S. economy is expected
to remain strong, supported by improvements in employment
Global Economic Conditions conditions, rising domestic demand, and inflation stabilization.
This has influenced market expectations regarding the Federal
The global economic conditions in 2024 were confronted with Reserve’s interest rates (Fed Funds Rate), which are now
various challenges, particularly related to geopolitical tensions anticipated to be lower than previous estimates.
due to the ongoing Russia-Ukraine conflict, as well as the re-
election of President Donald Trump with his America First National Economic Conditions
policies. These factors posed a risk of increasing fragmentation
in global trade and investment, as well as heightened Amid the dynamics of global economic conditions, the national
uncertainty in global financial markets, which affected global economy in 2024 grew cumulatively by 5.03%, driven by
economic growth. domestic demand, particularly from the household sector, as
well as the support of a responsive economic policy mix.
National Economic Growth (%)
5.17 5.02 5.31 5.05
5.03
3.70
(2.07)
2018 2019 2020 2021 2022 2023 2024
GDP Distribution (%)
53.71
30.12
23.36
9.96
1.37
(21.28)
Non-Profit
Gross Fixed Institutions
Household Capital Government Serving
Exports Imports
Consumption Formation Consumption Households
(GFCF) (NPISH)
Consumption
54 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2024
The Five Largest Economic Sectors
20.27% Manufacturing Industry
13.02% Wholesale and Retail Trade
11.33% Agriculture, Forestry, and Fisheries
9.77% Construction
7.39% Mining and Quarrying
The structure of the national economy is still supported by In order to achieve the targeted economic growth as mentioned,
the processing industry, trade, agriculture, construction, and the development direction is planned to be realized through
mining & quarrying sectors. Cumulatively, all economic sectors 5 (five) priority developments as outlined in the 2025 – 2026
have grown positively, although some sectors experienced Regional Development Plan (RPD) of East Java Province, which
lower growth compared to the previous year. The highest consists of:
growth occurred in the Other Services sector, while the lowest 1. Development of globally competitive Human Resources
growth was in the agriculture, forestry, and fisheries sectors, (HR), as well as acceleration of extreme poverty alleviation
influenced by climate and weather factors. in the 3T (Frontier, Outermost, and Disadvantaged) areas;
2. Development of growth center areas, such as strategic
Various accommodative economic policy mixes were urban areas, environmentally friendly industrial zones,
established by the government to continue driving the research and technology-based innovation industries,
acceleration of inclusive and sustainable economic growth strategic tourism areas, and agricultural areas supporting
while maintaining stability in the face of increasingly complex food self-sufficiency;
global challenges throughout 2024 and 2025. Therefore, the 3. Acceleration of development based on green and circular
projection of macroeconomic assumptions indicates resilient growth, as well as strengthening strategic conservation
performance, although it tends to be restrained. in the development of multi-infrastructure and maritime
backbone, capable global/major ports to reduce
Prospects and Economic Potential of The logistics and production costs, and enhance industrial
Region competitiveness in Java;
4. Development of supporting infrastructure, such as the
Although overshadowed by global and national economic development of multi-infrastructure connectivity backbone
conditions that tend to be restrained, various institutions and feeders, as well as maritime backbone integrating
project that the regional economy of East Java Province will strategic areas; development of connectivity routes
remain resilient until the end of 2024, and even experience between regions and special logistics routes, development
growth in the following year. of electrical and digital infrastructure, strengthening urban
infrastructure, and improving access and quality of basic
Economic Projection of East Java Province infrastructure; and
5. Completion of the Detailed Spatial Plan (RDTR) for districts/
Projection (%)
cities, spatial planning considering disaster risks, especially
Institutions
risk mitigation in urban and rural areas, and strengthening
2024 2025 disaster resilience and climate change, particularly in urban
Bank Indonesia Jawa Timur 4.70 – 5.50 4.90 – 5.70 areas and strategic areas.
Bappeda Provinsi Jawa Timur - 4.95 – 5.20
The trend in the banking industry performance in East Java
FEB Universitas Brawijaya 5.13 – 5.25 5.43 – 5.63
Province in 2024 (% yoy) tends to be fluctuating compared
FEB Universitas Airlangga 5.17 – 5.49 5.27 – 5.49
to the performance of the banking industry and BPD SI. The
Source: Regional Development Plan of East Java Province 2025 – 2026 loan disbursement performance of the banking industry in
East Java Province showed a decline, while the banking asset
performance in East Java Province aligns with the trend of
relatively increased third-party fund (DPK) collection.
PT Bank Pembangunan Daerah Jawa Timur Tbk 55
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02 Report of Directors
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2021 2022 2023 2024
Aset 7.97% 4.49% 3.01% 3.82%
Kredit 4.94% 8.25% 8.61% 5.45%
Total DPK 7.69% 3.72% 4.70% 5.14%
Source: SEKDA – Bank Indonesia
The development of digital technology and changes in
public preferences for transactions have accelerated the million, an increase of 10.62% compared to 2023, which was
transformation of the banking industry landscape as a whole. IDR4,950.932 million.
This has impacted the trend of declining numbers of bank
branches and financing companies, particularly in the East Java Overall, Bank Jatim has met the expectations of its stakeholders.
Province. Various targets set have been realized in 2024. The total assets
reached 96.33%, with a realization of IDR102.07 trillion in 2024,
Performance Achievements slightly below the target due to the decline in current accounts
and time deposits. The credit disbursement achievement was
Amid these economic conditions, the Board of Directors 95.85%, with a realization of IDR64.06 trillion in 2024. Third-
successfully navigated challenges and opportunities, achieving party funds in 2024 amounted to IDR77.50 trillion, achieving
strong performance in 2024. 85.39%, in line with the decrease in current accounts and time
deposits. However, third-party funds from savings grew by
On a Bank Only basis, Bank Jatim’s performance in 2024 9.18% YoY as an effort to increase low-cost funds.
includes, among others, on the Conventional side, the total
disbursement of Micro Segment Loans in 2024 amounted to In terms of revenue, interest income achievement was 100.19%,
IDR9.33 trillion, an increase of 39.77% compared to 2023, with a realization of IDR8.03 trillion in 2024. The pre-tax profit
which was IDR6.67 trillion. The total disbursement of Retail achievement for the year in 2024 was 81.92%, with a realization
and Medium Segment Loans in 2024 reached IDR11.06 trillion, of IDR1.65 trillion, which was below target, due to an increase in
an increase of 40.41% compared to 2023, which was IDR7.88 operational costs beyond interest expenses.
trillion. The total disbursement of Corporate Segment Loans
in 2024 was IDR7.35 trillion, an increase of 8.69% compared On a consolidated basis, Bank Jatim’s performance in 2024
to 2023, which was IDR6.76 trillion. The total disbursement of includes, among others, The total loan disbursement in
Consumer Loans in 2024 was IDR33.37 trillion, an increase of 2024 amounted to IDR75.35 trillion, an increase of 37.60%
10.29% compared to 2023, which was IDR30.26 trillion. compared to 2023, which was IDR54.76 trillion. The total
loan disbursement to MSME debtors in 2024 was IDR20.94
In the Sharia segment, the total collection of Third-Party trillion, an increase of 40.27% compared to 2023, which was
Funds (DPK) in 2024 amounted to IDR2.93 trillion, an IDR14.93 trillion. The total loan disbursement to non-MSME
increase of 12.49% compared to 2023, which was IDR2.60 debtors in 2024 was IDR54.42 trillion, an increase of 36.61%
trillion. The increase in DPK collection mainly came from the compared to 2023, which was IDR39.83 trillion.
growth of Giro IB Barokah (Mudharabah) by 2,166.86%, or
IDR38.70 billion. The total loan disbursement in 2024 was I The total collection of Third-Party Funds (DPK) in 2024 was
DR2.67 trillion, an increase of 21.85% compared to 2023, which was IDR90.01 trillion, an increase of 15.11% compared to 2023,
IDR2.19 trillion. which was IDR78.20 trillion. The increase in DPK mainly came
from the growth in savings, which increased by 22.76% or
From a Profitability Perspective, Bank Jatim recorded IDR6.56 trillion, and from the growth in time deposits, which
positive growth through the end of 2024. In 2024, the total increased by 19.41% or IDR5.52 trillion.
net interest and sharia income amounted to IDR5,476.918
56 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2024
The total assets in 2024 amounted to IDR118.14 trillion, The direction of digitalization development in the banking
an increase of 13.76% compared to 2023, which was industry is expected to accelerate, especially following the
IDR103.85 trillion. Equity in 2024 amounted to issuance of the Financial Services Authority Regulation (POJK)
IDR14.60 trillion, an increase of 20.15% compared to 2023, Number 12/POJK.3/2021 concerning Commercial Banks,
which was IDR12.15 trillion. which accommodates Digital Banks. Globally, the dynamics of
the financial and digital banking industries are being responded
to with the emergence of neobanks.
Bank Soundness Level
After taking into account the economic conditions, the Board
In addition to operational and financial performance, the of Commissioners is confident that the business prospects
Bank’s Soundness Level is also one of the considerations for prepared by the Board of Directors are appropriate. The Board
the Board of Commissioners in assessing the performance of of Commissioners believes that Bank Jatim will be able to seize
the Board of Directors. The Bank conducts a self-assessment the opportunities arising from shifts in public behavior caused
of its Soundness Level using a Risk-Based Bank Rating by technological disruption, particularly in the use of banking
approach, guided by the Financial Services Authority Regulation technology. This is also supported by the large number of
No. 4/POJK.03/2016 concerning the Assessment of Commercial millennials and Generation Z in East Java, who are active users
Bank Soundness Level. The assessment of the Bank’s Soundness of the internet and e-commerce, as well as the increasingly
Level is conducted based on risks and performance, which can dominant digital economy and finance potential. Synergy
be observed from the final rating result (Composite Rating). The and collaboration with various parties—both government
Bank Soundness Level assessment applies a risk-based bank and financial/non-financial industries—along with the still
rating approach covering four risk factors: Risk Profile, Good significant market potential such as civil servants (PNS) and the
Corporate Governance (GCG), Earnings, and Capital. growing MSME sector, are also opportunities for Bank Jatim.
The results of Bank Jatim’s individual Soundness Level Self-
Assessment as of December 31, 2024, place the Bank in Outlook on Bank Governance
Composite Rating 2 (Sound). This reflects the Bank’s overall Implementation
sound financial condition, demonstrating its capacity to
withstand significant negative impacts from changes in business The implementation of good governance principles is essential
conditions and other external factors. . This is evidenced by the for building investor and stakeholder trust, lowering the cost
favorable ratings across key assessment factors, including Risk of capital, reinforcing the capital market and financial services
Profile, Governance Implementation, Earnings, and Capital. In sector, creating more job opportunities, and promoting
cases where weaknesses are identified, they are generally not economic growth aligned with sustainable development
material. principles. Through the adoption of strong governance
practices, Bank Jatim aims to enhance its competitiveness
Outlook on Business Prospects as within the banking sector and make a meaningful contribution
Prepared by The Board of Directors to environmental sustainability and social wellfare.
Global economic challenges are marked by rising debt The implementation of good governance can be driven from
burdens, inflation threats, and geopolitical tensions. The World two sides: ethics and regulations. The ethical-driven approach
Economic Forum (WEF) identifies the current global context as comes from the awareness of the bank’s management and
turbulent, involving: the impact of the Russia–Ukraine war, risks employees to practice governance that prioritizes the long-
to economic recovery, economic divergence, erosion of social term sustainability of the company, protects the interests of
cohesion, geopolitical tensions, risks of climate action failure shareholders and stakeholders, and avoids short-term profit-
and secure digitalization. The World Uncertainty Index, which driven practices. On the other hand, the regulatory-driven
stood at 26.50 in Q4 2022, had declined to 17.90 by Q3 2024, approach mandates the company to comply with governance
prior to the Gaza war on October 7, 2024. practices required by applicable laws and regulations. Both
approaches complement each other in contributing to the
On the other hand, Indonesia’s domestic economic challenges creation of a healthier business environment.
include increasing subsidies (pertalite, diesel, pertamax,
biodiesel, LPG), direct cash assistance and other social The Board of Commissioners consistently carries out its
support programs, easing political and social tensions, high supervisory function to ensure that the management of the
youth unemployment, slow-paced recovery, growth remaining Bank, as conducted by the Board of Directors, complies with
around 5% through 2024, and weakened political and economic prevailing laws and regulations while providing the necessary
institutions. advice or opinions on every strategic action or activity to
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02 Report of Directors
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achieve the Bank’s objectives. The Board of Commissioners 5. Evaluating the accountability of the Board of Directors
believes that GCG implementation within the Company has and providing recommendations for improvement in the
been effectively carried out. This is reflected in the following implementation of Risk Management policies on a regular
GCG components. basis, to ensure that the Board of Directors effectively
manages the Bank’s activities and risks.
Risk Management
The Board of Commissioners has actively conducted
In implementing risk management, the Bank consistently identification, measurement, monitoring, and control of
complies with applicable regulations and laws. The Bank’s risk risk through a self-assessment method. To support the
management is governed by a Product and Activity Policy (KPA) self-assessment process, the following components can be
and a Risk Management Standard Operating Procedure (SOP), explained:
which are prepared by referring to the OJK Regulations, Basel 1. Bank Soundness Level is assessed using a risk-based bank
provisions, and banking best practices. This risk management rating (RBBR) approach on an individual basis, covering
policy is reviewed regularly to anticipate changes in business the assessment of Risk Profile, Governance, Profitability,
conditions, regulations, and the Bank’s internal conditions. and Capital. Throughout 2024, Bank Jatim submitted the
Bank Soundness Level report on an individual basis for
The Bank has also developed a Recovery Plan to address the reporting periods of Second Semester 2023 and First
potential financial issues that may arise. This Recovery Plan Semester 2024 to the Regulator in a timely manner.
document outlines various recovery option mechanisms aimed 2. Individual Risk Profile covering the management of 8
at preventing, restoring, and improving the Bank’s financial types of risks (Credit, Market, Liquidity, Operational, Legal,
condition and business continuity in the event of a financial Strategic, Compliance, and Reputational Risks). Throughout
crisis that may disrupt the Bank’s operations, in accordance 2024, Bank Jatim submitted the results of its individual
with OJK Regulation Number 5 of 2024 concerning the Risk Profile self-assessment for the reporting periods of
Determination of Supervision Status and Handling of Issues in Q4 2023 and Q1, Q2, and Q3 2024 to the Regulator in a
Commercial Banks. timely manner.
3. Internal Capital Adequacy Assessment Process (ICAAP)
The risk management framework and governance at the Bank report on an individual basis. Throughout 2024, Bank
consist of the Board of Commissioners, which performs the risk Jatim submitted its ICAAP report for the Second Semester
oversight function through the Audit Committee and the Risk of 2023 and the First Semester of 2024 to the Regulator in
Monitoring Committee, while the Board of Directors carries a timely manner.
out the risk policy function through the Risk Management 4. Interest Rate Risk in the Banking Book (IRRBB) report.
Committee. At the operational level, the Risk Management Throughout 2024, Bank Jatim submitted the IRRBB report
Unit (SKMR) and the Compliance Unit (SKK), together with the on an individual basis for the reporting periods of Q4 2023
business units, are responsible for performing risk identification, and Q1, Q2, and Q3 2024 to the Regulator in a timely
risk measurement, risk mitigation, and risk control functions. manner.
5. Risk-Weighted Asset (RWA) Calculation Report for Credit
The duties, responsibilities, and authorities of the Board of Risk, Market Risk, and Operational Risk.
Commissioners in overseeing the Bank’s Risk Management 6. Liquidity Coverage Ratio (LCR) and Net Stable Funding
activities include the following: Ratio (NSFR) Calculation Reports.
7. Leverage Ratio Compliance Report.
1. Ensuring that the implementation of Risk Management 8. Recovery Plan Document.
is adequate and aligned with the Bank’s characteristics, 9. Resolution Plan Document.
complexity, and Risk Profile;
2. Having a sound understanding of the types and levels of The implementation of Risk Management is carried out in
risks inherent in the Bank’s business activities; alignment with the Enterprise Risk Management (ERM)
3. Approving the Risk Management policy, including the framework. This framework provides the foundation for a
strategy and risk management framework established in proactive and forward-looking risk management process,
accordance with the Bank’s risk appetite and risk tolerance; aimed at ensuring sound and sustainable business growth, as
4. Evaluating the Risk Management policy and Risk well as comprehensive capital management. Within the ERM
Management strategy at least once a year, or more framework, risks are managed in an integrated manner by
frequently in the event of circumstances that may aligning the Bank’s risk appetite with its business strategy.
significantly impact the Bank’s business activities; and
58 PT Bank Pembangunan Daerah Jawa Timur Tbk
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The primary goal of implementing ERM is to help the Bank Internal Control System
reach its objectives and Business Plan (RBB) while upholding
prudential principles, ensuring robust financial performance, The Internal Control System (ICS) is a monitoring framework
and adhering to relevant regulations. This is accomplished by consistently implemented by the Bank’s management. The
consistently promoting a solid Risk Culture, which acts as the successful implementation of ICS functions is a crucial element
foundation for control mechanisms within the ERM framework. of management and forms the basis for stable and secure
Furthermore, the Bank develops risk mitigation strategies to operations. It also assists Bank management in protecting the
ensure that risk exposures stay within the defined risk appetite. Bank’s assets, improving adherence to applicable laws and
The ERM framework refers to and is aligned with the scope of regulations, and minimizing the risk of losses, irregularities,
risk management as defined by the Financial Services Authority and breaches of prudential standards.
(OJK), which includes at a minimum the following elements:
1. Active oversight by the Board of Commissioners through Bank Jatim implements the Internal Control System for Risk
the Risk Monitoring Committee, and by the Board of Management functions by adopting the Three Lines Model,
Directors through the Risk Management Committee; where its implementation is a shared responsibility across
2. Adequacy of policies, procedures, and limit-setting; the first, second, and third lines of defense. The ICS for risk
3. Adequacy of risk identification, measurement, monitoring, management refers to the overall ICS framework, which
and control processes, including the risk management includes the following:
information system; and 1. An effective ICS that refers to established policies and
4. A sound internal control system implemented at all levels procedures, and the consistent and continuous application
of the organization and work units, in accordance with the of an adequate segregation of duties (four eyes principle);
Bank’s size and business complexity. 2. A comprehensive ICS in the implementation of risk
management;
In accordance with OJK regulations, there are eight (8) 3. Periodic reviews of the risk management implementation;
types of risk comprising credit risk, market risk, liquidity 4. The results of the Risk Management review conducted
risk, operational risk, legal risk, strategic risk, compliance by the Risk Management Unit (SKMR) are reported to
risk, and reputational risk. Pursuant to OJK Regulation No. the Board of Commissioners, Board of Directors, Director
18/POJK.03/2016 concerning the Implementation of Risk of Risk Management, Audit Committee, and the Internal
Management for Commercial Banks, Article 23 stipulates the Audit Unit (SKAI), and serve as input for enhancing the risk
obligation for banks to submit a Bank Risk Profile Report to management framework;
OJK every three (3) months, addressed to various levels of 5. Remedial actions on findings from both internal and
management including the Board of Commissioners and the external audits are monitored by SKAI. Any unresolved
OJK. audit findings are reported by SKAI to the Board of
Directors for necessary corrective action; and
In addition, the Bank reviews audit findings as part of the risk 6. The level of responsiveness to any weaknesses and/or
evaluation process to mitigate potential risks. The result of Bank violations of applicable internal and external regulations.
Jatim’s Risk Profile self-assessment as of December 2024 was
assigned a Composite Rating of 2 (low), with an Inherent Risk The implementation of a reliable and effective Internal Control
Rating of “Low to Moderate” and a Risk Management Quality System (ICS) is the responsibility of all parties across all work
Rating of “Fair.” The Board of Commissioners, through the units and organizational levels within the Bank, which includes
Risk Monitoring Committee, concluded that the adequacy of the following:
risk management is functioning effectively and sufficiently, as 1. The Board of Commissioners is responsible for supervising
reflected in the following: the overall implementation of internal controls, including
1. The adequacy of Risk Management policies and procedures oversight of policies established by the Board of Directors
and the effective establishment of risk limits, which related to internal controls;
include: the determination of risk measurement methods 2. The Board of Directors is responsible for establishing and
and risk management information systems, setting and maintaining an effective ICS and ensuring its secure and
enforcing risk limits, determining risk rating assessments, reliable operation in accordance with the Bank’s internal
preparing contingency plans for worst-case scenarios, and control objectives. The Director overseeing compliance
establishing internal control systems in the implementation and risk management plays an active role in preventing
of risk management; and irregularities by formulating policies related to prudential
2. The adequacy of the processes for identifying, measuring, principles and conducting awareness programs for
monitoring, and controlling risks, and the adequacy of employees;
the Risk Management Information System (RMIS) in each 3. The Internal Audit Unit (SKAI) evaluates and actively
work unit at both the Head Office and Branch Offices, in contributes to the continuous improvement of ICS
accordance with the Bank’s business size and complexity. effectiveness, particularly concerning Bank operations
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02 Report of Directors
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that have the potential to cause losses in achieving the As a form of Bank Jatim’s commitment to implementing an
Bank’s established objectives. SKAI also ensures the anti-fraud strategy, a whistleblowing mechanism, and ensuring
independence of internal audit implementation through protection for whistleblowers acting in good faith, the Bank is
proper reporting lines and enhances the competence of obligated to:
internal auditors, especially regarding risk assessment 1. The Bank is obliged to protect whistleblowers.
practices and application; 2. The protection provided by the Bank to whistleblowers
4. Each officer and employee understands and implements is intended to encourage whistleblowers to report fraud
the ICS established by management, recognizing that complaints clearly, in detail, and transparently.
effective internal control enhances individual responsibility, 3. Whistleblower protection includes protection of the
fosters a strong Risk Culture and Compliance Culture, and whistleblower’s identity and the contents of the report.
accelerates the identification of unsound banking practices 4. The Bank is committed to protecting whistleblowers who
and organizational issues through an efficient early act in good faith and will comply with all relevant laws
warning system; and regulations as well as applicable best practices in
5. External parties such as the OJK, Bank Indonesia, external implementing whistleblower protection.
auditors, and the Bank’s customers also have a vested 5. All fraud complaint reports will be kept confidential
interest in the implementation of a reliable and effective and secure by the Bank, and whistleblowers can obtain
ICS. information regarding the progress of their reports.
6. The Bank provides protection to internal bank employee
The Board of Directors conducts regular reviews of branch whistleblowers from dismissal, demotion, discrimination,
operational performance reports by assessing performance intimidation, and other protections in accordance with
results and audit findings, including matters related to ICS applicable laws and regulations.
deficiencies, inaccuracies in financial reporting, or other
irregularities (fraud). Bank Jatim will continue to enhance employee and stakeholder
The Board of Commissioners and the Board of Directors offer awareness and encourage the reporting of violations through
guidance based on audit reports evaluating the adequacy the whistleblowing mechanism to create a clean and integrity-
of the ICS as carried out by SKAI, and they convene regular driven work environment. In line with this commitment, the
coordination meetings to address operational challenges following steps have been taken:
and performance-related issues, including discussions of 1. Implementing the Anti-Fraud Strategy (SAF) program,
internal audit findings for the relevant period. The Board of including surprise audits (Operational and Credit).
Commissioners has concluded that the adequacy of the ICS is 2. Conducting socialization sessions on the implementation of
functioning effectively and remains sufficient. the anti-fraud strategy and whistleblowing system during
audit exit meetings and for employees, including new hires.
3. Providing training on the anti-fraud strategy and
Whistleblowing System whistleblowing system as part of the employee promotion
program curriculum.
The successful implementation of a comprehensive anti-fraud 4. Developing the SAF system.
strategy heavily depends on the commitment and dedication
of the Board of Commissioners and the Board of Directors in The Board of Commissioners believes that the management
fostering an anti-fraud culture and awareness across all levels of the Whistleblowing System at Bank Jatim has been running
of the Bank’s organization. One of the key initiatives is the effectively. In 2024, there were 15 (fifteen) reports that met
establishment of a written commitment called the Anti-Fraud the fraud criteria through the whistleblowing mechanism. As of
Declaration, which is signed by the Board of Commissioners, December 31, 2024, 3 (three) reports remain under processing.
the Board of Directors, and all employees within the Bank’s
organizational structure. Regarding the implementation of the Sustainabillity Governance
Whistleblowing System (WBS), the Board of Commissioners
plays a crucial role in reviewing the results of special audit As one of the regional banks playing a crucial role in the
reports derived from WBS reports. economy, Bank Jatim is committed to implementing
sustainable governance to ensure responsible business
Preventive actions, detection, and identification of potential operations in economic, social, and environmental aspects.
risks serve as an early warning system (EWS) for operational Bank Jatim supports sustainable development by adopting
processes. The identification of findings that indicate fraud is sustainable finance in accordance with applicable regulations.
integrated into whistleblowing policies and mechanisms. This This commitment is realized through the formulation of
mechanism is expected to enable early detection of violations, a Sustainable Finance Action Plan (RAKB). The priority of
enhance employee, customer, and stakeholder participation in Sustainable Finance implementation at Bank Jatim includes
reporting misconduct, and serve as an early warning signal for the development of sustainable financial products and services
potential violations. as well as the enhancement of internal bank capacity.
60 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2024
As a concrete step in actively conducting sustainable business The evaluation criteria for the Committees under the Board of
operations, Bank Jatim focuses its business activities on Commissioners are based on Key Performance Indicators (KPIs)
economic, environmental, and social aspects, as outlined in set for each Committee. The KPIs consist of three (3) aspects:
the RAKB. The Board of Directors has delegated authority Active Supervision, Passive Supervision, and Competency
related to policy formulation and strategy regarding economic, Development. The Board of Commissioners assessed that
environmental, and social topics faced by the company, throughout 2024, the Committees have carried out their duties
along with their impacts, to the Vice President of Strategic and responsibilities effectively, worked independently, and
Planning and Performance Management, who is responsible for provided valuable input and recommendations to the Board of
implementing sustainable finance at Bank Jatim. Commissioners.
In carrying out its duties, the Vice President of Strategic
Planning and Performance Management is supported by the Changes in The Composition of The
Vice President of Risk and Corporate Management as Deputy Board of Commissioners Perubahan
Project Manager, as well as the Assistant Vice President Komposisi Dewan Komisaris
(AVP) of Strategic Planning and the Chief Marketing Officer
(CMO) as Implementation Coordinators. Furthermore, the Throughout 2024, there have been changes in the composition
Strategic Planning and Management Division is accountable of the Board of Commissioners. These changes were made
to the Supervisor, namely the Director of Bank Jatim, who based on the Bank’s needs. The changes in the composition of
is responsible for guiding, overseeing, and ensuring the the Board of Commissioners are as follows:
achievement of the objectives of the Sustainable Finance Action
Plan (RAKB). Bank Jatim evaluates the RAKB annually, with COMPOSITION OF THE BOARD OF COMMISSIONERS
the findings presented to the Board of Directors and reported BEFORE THE ANNUAL GMS FOR THE 2023 FISCAL YEAR
to the Board of Commissioners. The Board of Commissioners,
assisted by the Audit Committee, the Remuneration and The composition of the Board of Commissioners before the
Nomination Committee, and the Risk Monitoring Committee, Annual GMS for the 2023 Fiscal Year consisted of four (4)
actively oversees the implementation of the RAKB, conducts members, comprising three (3) Independent Commissioners
periodic evaluations of its progress, and provides guidance and and one (1) Commissioner, as follows:
recommendations to ensure its successful execution. Adhy Karyono : Commissioner
Candra Fajri Ananda : Independent Commissioner
Muhammad Mas’ud : Independent Commissioner
Performance Assessment of Sumaryono : Independent Commissioner
Committees Under The Board of
Commissioners COMPOSITION OF THE BOARD OF COMMISSIONERS AFTER
THE ANNUAL GMS FOR THE 2023 FISCAL YEAR
In order to improve the role of the Board of Commissioners
in carrying out its supervisory function, the Board of On February 7, 2024, the Annual GMS for the 2023 Fiscal Year
Commissioners is assisted by 3 (three) committees, namely: decided to honorably dismiss the late Suprajarto as President
1. Audit Committee Commissioner and Candra Fajri Ananda as Independent
2. Remuneration and Nomination Committee Commissioner of the Bank. As a result, the composition of the
3. Risk Monitoring Committee Board of Commissioners after the Annual GMS for the 2023
Fiscal Year consisted of three (3) members, comprising two
The performance evaluation procedure for the Committees (2) Independent Commissioners and one (1) Commissioner, as
under the Board of Commissioners involves a periodic (annual) follows:
assessment conducted by the Board of Commissioners to Adhy Karyono : Commissioner
evaluate the effectiveness of these Committees under the Muhammad Mas’ud : Independent Commissioner
Board of Commissioners. Sumaryono : Independent Commissioner
PT Bank Pembangunan Daerah Jawa Timur Tbk 61
Page 64
02 Report of Directors
and Board of Commissioners
COMPOSITION OF THE BOARD OF COMMISSIONERS AFTER Closing
THE EXTRAORDINARY GMS FOR THE 2024 FISCAL YEAR
On this occasion, the Board of Commissioners would like
On September 26, 2024, the Extraordinary GMS approved and to express its gratitude and appreciation to the Board of
appointed Dadang Setiabudi as an Independent Commissioner Directors, management, and all employees. The Board of
of the Bank. Thus, the composition of the Board of Commissioners extends its highest appreciation for the
Commissioners after the EGMS consisted of four (4) members, performance achievements in the 2024 fiscal year. The Board
comprising three (3) Independent Commissioners and one (1) of Commissioners also expresses its gratitude for the trust
Commissioner, as follows: given by the shareholders to be an important part of Bank
Adhy Karyono : Commissioner Jatim’s business journey. To all other stakeholders, the Board
Muhammad Mas’ud : Independent Commissioner of Commissioners extends its thanks for the cooperation that
Sumaryono : Independent Commissioner has been established thus far. Moving forward, the Board of
Dadang Setiabudi : Independent Commissioner Commissioners sincerely hopes that all levels of the Bank can
continue to formulate appropriate strategies and lead the Bank
toward even better growth.
Surabaya, April 29, 2025
On behalf of the Board of Commissioners
Adhy Karyono Muhammad Mas’ud
Commissioner Independent Commissioner
Dadang Setiabudi Sumaryono
Independent Commissioner Independent Commissioner
62 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2024
Board of Commissioners
From Left to Right
Adhy Karyono : Commissioner
Muhammad Mas’ud : Independent Commissioner
Dadang Setiabudi : Independent Commissioner
Sumaryono : Independent Commissioner
PT Bank Pembangunan Daerah Jawa Timur Tbk 63
Page 66
Responsibility of
2024 Annual Report
We, the undersigned, state that all information in the 2024 Annual Report of
PT Bank Pembangunan Daerah Jawa Timur Tbk. has been published in complete version,
and we are fully responsible for the accuracy of the contents of this report.
This statement was made with actual facts.
Surabaya, April 2025
Board of Directors
Busrul Iman
President Director
Umi Rodiyah Eko Susetyono Zulhelfi Abidin
Director of Compliance Director of Risk Management Director of IT, Digital & Operations
Edi Masrianto R. Arief Wicaksono Arif Suhirman
Director of Finance, Treasury Director of Micro Business, Retail Director of Medium Business,
& Global Services and Sharia Business Corporate & Network
64 PT Bank Pembangunan Daerah Jawa Timur Tbk
Page 67
Annual Report
2024
Board of Commissioners
Adhy Karyono Muhammad Mas’ud
Commissioner Independent Commissioner
Dadang Setiabudi Sumaryono
Independent Commissioner Independent Commissioner
PT Bank Pembangunan Daerah Jawa Timur Tbk 65
Page 68
66 PT Bank Pembangunan Daerah Jawa Timur Tbk
Page 69
Company
Profile
03
PT Bank Pembangunan Daerah Jawa Timur Tbk 67
Page 70
03 Company
Profile
Corporate
Identity
Company Name Nick Name Business Fields
PT Bank Pembangunan Bank Jatim Finance
Daerah Jawa Timur Tbk.
Date of Establishment Listing on The Indonesia
Stock Code
Stock Exchange
BJTM August 17, 1961 July 12, 2012
Legal Basis of Establishment Contact Address Authorized Capital
Notarial Deed Anwar Mahajudin Call Center : 14044 Rp9.000.000.000.000
No. 91 dated August 17, 1961 and SMS Banking : 3366
Telp : (031) 5310090-
strengthened by the Decree of the
5310099 Issued and Fully Deposited
Minister of Fownershipinance Number Faks. : (031) 5310838 Capital
BUM.9-4-5 dated August 15, 1961. Email : info@bankjatim.co.id
Website : www.bankjatim.co.id, A total of 15,015,498,082 shares with
www.bankjatim.id
a par value of IDR3,753,874,520,500
Ownership
East Java Provincial Number of Employees
Government (51,13%)
As of December 2024, 7,366 people
38 District/City Government (28,35%)
(including outsourced personnel)
Society (20,52%)
Company’s Address
Head Office Corporate Secretary Investor Relation
Jalan Basuki Rachmad Wioga Adhiarma Aji Derry Widya Ariyanta
98 – 104, Surabaya 60271 Corporate Secretary Corporate Secretary
Kantor Pusat Bank Jatim Kantor Pusat Bank Jatim
Jl. Basuki Rachmat Jl. Basuki Rachmat
no. 98-104 Surabaya no. 98-104 Surabaya
Email: corsec@bankjatim.co.id Email: iru@bankjatim.co.id
Office Network Data
1 Head Office 214 Cash Offices 106 CRM
48 Branch Offices 197 Payment Point 40 Car Cash ATM
175 Sub-Branch Offices 848 ATMs 198 Sharia Service Offices
@bankjatim bankjatim @bank_jatim bank jatim
68 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2024
Name and Address of Branch Office
and Sharia Branch Offices
Branch Office
Name Address Phone Fax Email and Web
Surabaya a Main Jl. Basuki Rakhmad 98-104, Bankjatim.cabut@gmail.com
(031) 5310090-99 (031) 5470159
Branch Surabaya www.bankjatim.co.id
Jl. Basuki Rahmat no. 156 umumsdmbanyuwangi@gmail.com
Banyuwangi Branch (0333) 421755/ 426755 (0333) 421555
Banyuwangi www.bankjatim.co.id
Jl. A. Yani no. 3A RT 01 RW 03 (0331) 428376/ akuntansi.bpdjember@gmail.com
Jember Branch (0331) 484605-07
Patrang Jember 68137 481502 www.bankjatim.co.id
Jl. Jaksa Agung Suprapto 26- (0341) 325085/ bankjatim_malang@yahoo.com
Malang Branch (0341) 321961
28 Malang 365212 www.bankjatim.co.id
(0351) 464432/ (0351) 463665/ bankjatim_madiun@yahoo.com
Madiun Branch Jl. Jawa No. 43 Madiun
459202/476328/ 476315 491499 www.bankjatim.co.id
bankjatimkediri@gmail.com
Jl. P. Kusuma Bangsa No. 122
Kediri Branch (0354) 680270 (0354) 682924 umum.bjkediri@gmail.com
Kediri
www.bankjatim.co.id
Jl. Panglima Sudirman No. 5 bankjatim.pamekasan@gmail.com
Pamekasan Branch (0324) 322451/ 322923 (0324) 322932
Pamekasan www.bankjatim.co.id
bankjatim_bojonegoro2004@yahoo.
(0353) 881028/
Bojonegoro Branch Jl. Mastrip 70 Bojonegoro (0353) 882137/ 889753 com
891772
www.bankjatim.co.id
bankjatimlmj@gmail.com
Lumajang Branch Jl. Alun-alun Barat 4 Lumajang (0334) 881683/ 882111 (0334) 882830
www.bankjatim.co.id
Jl. Yos Sudarso 32 Kel. bankjatim.ngawi@gmail.com
Ngawi Branch Margomulyo Kec. Ngawi Kab. (0321) 862217 (0321) 861952 umum.bankjatimngawi@gmail.com
Ngawi www.bankjatim.co.id
Jl. K.H. Wakhid Hasyim 36, Kec. bankjatim.jombang@gmail.com
Jombang Branch (0321) 862217 (0321) 861952
Jombang, Kab. Jombang www.bankjatim.co.id
Jl. Raya PB. Sudirman 144, (0335) 841124/ bankjatim_kraksaan@yahoo.com
Kraksaan Branch (0335) 841382/ 843184
Kraksaan 842451 www.bankjatim.co.id
Jl. Soekarno-Hatta 311 Kel.
bjprob@gmail.com
Probolinggo Branch Tisnonegaran Kec. Kanigaran (0335) 422552/ 421879 (0335) 422314
www.bankjatim.co.id
Kota Probolinggo
Jl. HOS Cokroaminoto 36-38, (0342) 801462/ (0342) 802262/ bankjatimblitar@gmail.com
Blitar Branch
Blitar 806089/807333 801353 www.bankjatim.co.id
Jl. I Gusti Ngurah Rai 1, (0355) 321105/ (0355) 321104/ bankjatim.tulungagung@gmail.com
Tulungagung Branch
Tulungagung 321106/327581 320407 www.bankjatim.co.id
bankjatimtuban017@gmail.com
Tuban Branch Jl. Basuki Rakhmad 13 Tuban (0356) 322725 (0356) 321169
www.bankjatim.co.id
(0321) 396112/ umum.mojokerto@gmail.com
Mojokerto Branch Jl. A. Yani No. 20, Mojokerto (0321) 321261/ 323002
395950/ 395501 www.bankjatim.co.id
bjsumenep018@gmail.com
Sumenep Branch Jl. Trunojoyo 49 Sumenep (0328) 662557/ 662487 (0328) 665780
www.bankjatim.co.id
bankjatim_sampang@yahoo.com
Jl. K.H. Wakhid Hasyim 111, (0323) 321226/ (0323) 321493/
Sampang Branch bjtmsampang@gmail.com
Sampang 323400/325004 325006
www.bankjatim.co.id
Jl. K.H. Moh. Kholil 38 (031) 3095502/ bankjatim_bangkalan@yahoo.com
Bangkalan Branch (031) 3095722
Demangan Bangkalan 3093416/3099085 www.bankjatim.co.id
(0343)421061/ (0343) 426085/ bankjatim_pasuruan@yahoo.com
Pasuruan Branch Jl. Pahlawan No. 18 Pasuruan
411609/426086/ 431957 432797 www.bankjatim.co.id
(0358) 325100/ bankjatim_nganjuk@yahoo.com
Nganjuk Branch Jl. Gatot Subroto 8 Nganjuk (0358) 324420
325101/323910 www.bankjatim.co.id
Jl. Panglima Sudirman No. 145 bankjatim_trenggalek@yahoo.com
Trenggalek Branch (0355) 791676/ 791675 (0355) 792945
Trenggalek www.bankjatim.co.id
Jl. Diponegoro No. 42-44 (0352) 461157/ 461158/ (0352) 484260/ bankjatim020@gmail.com
Ponorogo Branch
Ponorogo 484222 485485 www.bankjatim.co.id
PT Bank Pembangunan Daerah Jawa Timur Tbk 69
Page 72
03 Company
Profile
Branch Office
Name Address Phone Fax Email and Web
(0357) 882889/ cabang_pacitan@bankjatim.co.id
Pacitan Branch Jl. A. Yani No. 82 Pacitan (0357) 881320/ 881321
886456 www.bankjatim.co.id
bankjatim_gresik@yahoo.com
(031) 3982311 (031) 3973976/
Gresik Branch Jl. Dr. Sutomo 181, Gresik bankjatim.gresik@gmail.com
/3982313/3980580 3990937
www.bankjatim.co.id
bankjatim_sidoarjo@yahoo.com
Sidoarjo Branch Jl. Jend. A. Yani 29 Sidoarjo (031) 8956108/ 8956109 (031) 8921631
www.bankjatim.co.id
Ruko Permata Lamongan Jl. PB (0322) 321810/ bankjatimlamongan28@gmail.com
Lamongan Branch (0322) 321494
Sudirman No 72 Lamongan 322769/311633/ 318508 www.bankjatim.co.id
Jl. Basuki Rahmat 235 (0338) 674982/ 672123/ bankjatim_situbondo@yahoo.com
Situbondo Branch (0338) 672017
Situbondo 674983 www.bankjatim.co.id
Jl. Letnan Karsono No.1 bankjatim_bondowoso@yahoo.com
Bondowoso Branch (0332) 427456/ 427447 (0332) 423524
Bondowoso www.bankjatim.co.id
(0351) 895378/ 891441/ (0351) 894715/ bankjatim.magetan@gmail.com
Magetan Branch Jl. Pahlawan No. 2 Magetan
895333 895384 www.bankjatim.co.id
Dr. Soetomo Branch bj.sutomo@gmail.com
Jl. Airlangga No. 1-9 Surabaya (031) 99453111/ 5012107 (031) 5020121
Surabaya www.bankjatim.co.id
Perak Branch Jl. Perak Timur 262-264 (031) 3282508/ bankjatim_perak@yahoo.com
(031) 3282635-37
Surabaya Surabaya 3299063 www.bankjatim.co.id
Jl. Sriwijaya No. 431 Kec. Arjasa (0327) 312200/ 312030/ bankjatim034@yahoo.co.id
Kangean Branch (0327) 312040
Kep. Kangean Sumenep 312161 www.bankjatim.co.id
Jl. Thamrin Boulevard CT.LD1 cabangjakarta.umum@gmail.com
Jakarta Branch (021) 29625615-17 (021) 29625618
No.1 CT.LD02 Jakarta Pusat www.bankjatim.co.id
Jl. Panglima Sudirman No. 88 bankjatimbatu@gmail.com
(0341) 590522
Batu Branch Kel. Pesanggrahan Kec. Batu (0341) 511205/ 511206 umumbankjatimbatu@gmail.com
/598550
Batu www.bankjatim.co.id
Jl. Kawedanan No. 3, (0325) 422470/ bpdjatim.bawean@gmail.com
Bawean Branch (0325) 422471
Sangkapura Bawean 422770/423801/ 421558 www.bankjatim.co.id
bankjatimpare042@gmail.com
Pare Branch Jl. Kusuma Bangsa No. 6 Pare (0354) 397850/ 397851 (0354) 392799
www.bankjatim.co.id
HR. Muhammad Jl. HR. Muhammad No. 29 (031) 99147868/ bjtm.hrm@gmail.com
(031) 99147557/ 99141887
Surabaya Branch Surabaya 99147763 www.bankjatim.co.id
bankjatim_kepanjen@yahoo.co.id
Kepanjen Branch Jl. Kawi No. 28, Kepanjen (0341) 398140 (0341) 398141
www.bankjatim.co.id
Komplek Ruko Centre Park
bankjatimcabangbatam@gmail.com
Batam Branch Blok A No.1 Kel. Taman Baloi (0778) 8071030 (0778) 7602059
www.bankjatim.co.id
Kec. Batam Kota Kota Batam
Sharia Branch Office
Name Address Phone Fax Email and Web
Surabaya Sharia Jl. Dr. Soetomo No. 37 (031) 99543971 (031) 99543971 umum.kcssurabaya@gmail.com
Branch Surabaya www.bankjatim.co.id
Kediri Sharia Jl. Diponegoro No. 50B (0354) 7418278/7418279 7418277/7418424 bankjatimsyariah_kediri@yahoo.com
Branch Kediri www.bankjatim.co.id
Jl. Soekarno Hatta (0341) 491333/492333 (0341) bankjatimsyariahmalang@gmail.com
Malang Sharia
Grand Ruko Kav. 13-14 2996502/2996503 www.bankjatim.co.id
Branch
Malang
Gresik Sharia Jl. R.A. Kartini No. 220 (031) 3982011 (031) 3982027 bankjatimsyariah_gresik@yahoo.com
Branch – 222 Gresik www.bankjatim.co.id
Madiun Sharia Jl. Hos Cokroaminoto (0351) 476677 (0351) 476666 jatimsyariahmadiun@gmail.com
Branch No. 128 Kota Madiun www.bankjatim.co.id
Jember Sharia Jl. Gajah Mada 278 (0331) 410614 (0331) 410613 bjsyariahjember@gmail.com
Branch Jember www.bankjatim.co.id
Jl. Sunanjar Priyo (031) 8924148/8925898 (031) bankjatimsyariah.cabangsidoarjo@
Sidoarjo Sharia Sudarmo No. 138-148 99704074/99704084 gmail.com
Branch Blok A-B Sidokare www.bankjatim.co.id
Sidoarjo
70 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2024
Company
Brand
LOGO MEANING:
The inspiration for the formation of the Bank Jatim logo
is the Garuda Bird’s wings flapping upwards as a sign of
being ready to fly. The Garuda bird is the national symbol
of Indonesia. In Javanese mythology, the Garuda Bird is
the “Bird of Life” or bird of life that brings glory. Wings
are aerodynamic limbs and act as a counterweight when
flying. This function is to be reflected in the logo of Bank
Jatim with the hope that Bank Jatim can fly high towards
the desired goals, and there is a balance between funds
obtained from the public / government and channeled in
the form of credit / financing so as to create a populist
economy.
The First is the Brand Personality of Bank Jatim, which is
reflected in 5 (five) Wings on the Bank Jatim logo. The Five
Wings represent 3 (three) Pillars and 2 (two) main bases
of banking. The three banking pillars include Agent of
Development, Institutional Endurance and Services. The
two pillars of banking include good corporate governance
and risk management.
5 5 Spirits of Bank Jatim
FEATHERS
PRO F ESIONAL
PARTNERSH I P
CA R E
S ERVICE
TRUS T WORTHY
3 Pillars and
2 Main Foundations of Banking
3 PILLARS
• Agent of Development
• Institutional Endurance
• Services
2 MAIN FOUNDATIONS OF BANKING
• Good Corporate Governance
• Risk Management
PT Bank Pembangunan Daerah Jawa Timur Tbk 71
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03 Company
Profile
Company
Brief History
PT Bank Pembangunan Daerah Jawa Timur Tbk (“Bank”) was
established under the name PT Bank Pembangunan Daerah
Djawa Timur on August 17, 1961 in Surabaya with the legal basis
of establishment based on deeds drawn up by Notary Anwar
Mahajudin, No.91 dated August 17, 1961, which equipped with an
operational basis for the Decree of the Minister of Finance No.
BUM. 9-4-5 dated August 15, 1961.
With the existence of Law no. 13 of 1962 concerning the Basic
Provisions for Regional Development Banks, which require that
Regional Development Banks be established by a Regional
Government Regulation, the East Java Regional Government
issued Regional Regulation No. 2 of 1976 dated July 10, 1976.
Based on the regional regulation, the status of the Regional
Development Bank from a Limited Liability Company was
changed to a Regional Owned Enterprise and the change in
the name of PT Bank Pembangunan Daerah Djawa Timur was
changed to Bank Pembangunan Daerah Jawa Timur.
Operationally and in line with its development, in 1990 the East
Java Regional Development Bank upgraded its status from a
Commercial Bank to a Foreign Exchange Commercial Bank, this
was stipulated by the Decree of the Board of Directors of Bank
Indonesia No. 23/28 / KEP / DIR dated August 2, 1990 . This change in status of legal form was based on the
notarial deed No.1 dated May 1, 1999 of R. Sonny Hidayat
To strengthen capital, on December 29, 1994, East Java Julistyo, S.H., which has been approved by the Minister
Provincial Regulation No. 26/1994 was enacted concerning of Justice of the Republic of Indonesia in Decision Letter
the First Amendment to East Java Provincial Regulation No. No.C2.8227. HT.01.01. TH.99 dated May 5, 1999 and was
9/1992 concerning the East Java Regional Development Bank, published in the State Gazette of the Republic of Indonesia
by changing the capital structure / ownership. No.42, dated May 25, 1999 in Supplement of the Republic of
Indonesia No.3008/1999,thenlaterofficiallybecame PT Bank
Based on Article 2 of the Minister of Home Affairs Regulation Pembangunan Daerah Jawa Timur.
No. 1 of 1998 concerning the Form of a Regional Development
Bank Legal Entity, then on March 20, 1999 the Regional The Sharia Operating Unit started its commercial operations on
Representative Council (DPRD) of the Province of the August 21, 2007 in accordance with the approval letter from
East Java Province ratified the Regional Regulation of the Bank Indonesia No. 9/75/ DS/Sb dated April 4, 2007 for the
Province of East Java No. 1 of 1999 concerning Changes in establishment of the Bank’s Sharia Unit.
the Legal Entity of the East Java Regional Development
Bank from a Regional Company (PD) to a Limited Liability In line with the economic growth and to comply with the
Company (PT) of the East Java Regional Development Bank requirement to be Regional Champion BPD, with one of the
which on August 19, 2016 has been amended according to indicators is to strengthen the capital structure, an amendment
theRegionalRegulationoftheProvince of East Java No. 7 of of Article of Associations was taken based on Extraordinary
2016 concerning Amendments to the Regional Regulation of General Meetings of Shareholders Decision Deeds No.89 dated
the Province of East Java Province No. 1 of 1999 concerning April 25, 2012 of Fathiah Helmi, S.H., Notary in Jakarta and
the Change in the Legal Entity of the East Java Regional granted approval from Ministry of Law and Human Rights based
Development Bank from a Regional Company to a Limited on decree No.AHU-22728. AH.01.02. Tahun 2012 dated April
Liability Company at the East Java Regional Development 30, 2012, registered on the Company list according to Limited
Bank.
72 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Company Law with registration No.AHU0038044. AH.01.09
Tahun 2012 dated April 30, 2012, as well as by Decision Letter DESCRIPTION OF NAME CHANGE
of the Capital Market and Financial Institutions Supervisory
Agency (BAPEPAMLK) dated November 29, 2012 that declared Following a brief history description, PT Bank Jatim
effective registration statement to become a public company has changed its name 3 (three) times since it was first
and changed its name to PT Bank Pembangunan Daerah Jawa established, from the name PT Bank Pembangunan
Timur Tbk. Daerah Jawa Timur to Bank Pembangunan Daerah
Jawa Timur in 1976 based on Regional Regulation no. 2
Bank Jatim made several amendments to the Articles of of 1976 dated July 10, 1976. Then it changed to PT Bank
Association as approved at the 2024 Extraordinary General Pembangunan Daerah Jawa Timur based on the Decree
Meeting of Shareholders (EGMS) of PT Bank Pembangunan of the Minister of Justice of the Republic of Indonesia
Daerah Jawa Timur Tbk. based on Deed of Resumption of Board Number C2- 8827.HT.01.01. Th.99 dated May 5, 1999,
Resolution No. 107, dated October 30, 2024, and approval and the State Gazette of the Republic of Indonesia
from the Minister of Law and Human Rights of the Republic dated May 25, 1999 Number 42, Supplement to the
of Indonesia No. AHU-AH.01.03-0207457, dated November State Gazette of the Republic of Indonesia Number
5, 2024, concerning the acceptance of amendments to the 3008/1999. Finally changed to PT Bank Pembangunan
Articles of Association of PT Bank Pembangunan Daerah Jawa Daerah Jawa Timur Tbk according to the Letter of the
Timur Tbk. Minister of Law and Human Rights of the Republic of
Indonesia Number AHUAH.01.10-31887 dated August
31, 2012, and became a Public Company by listing
20% shares on the Indonesia Stock Exchange with the
Ticker Code or BJTM Stock Code.
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03 Company
Profile
Vision, Mission
& Corporate Culture
VISION
To Become
BPD No.
in Indonesia
Vision Explanation Mission Explanation
The Bank in carrying out its business activities is focused
on increasing the acceleration of performance growth
and the Bank continues to transform so that it remains
To become a BPD Bank that contributes
relevant in its efforts to grow above the average banking
significantly to regional economic growth in
industry. In an effort to accelerate performance growth,
a sustainable manner as well as a BPD that
it is supported by Human Resources (Human Capital),
has a competitive advantage so that it is
which is one of the Bank’s strategic resources to be
able to compete and even outperform other
continuously nurtured and developed so that it has the
banks, especially Regional Development
capacity and capability to produce superior performance
Banks
in competition, especially against Regional Development
Banks.
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MISSION
Accelerating performance and healthy
business transformation into a digital
bank with highly competitive human
resources;
Contributing to the economic growth of
East Java;
Applying sustainable finance principles.
Review of The Vision and Mission
by The Board of Commissioners and
The Board of Directors
In order to ensure the alignment of Bank Jatim’s Vision
and Mission over time, Bank Jatim continuously reviews its
Vision and Mission periodically. In 2024, Bank Jatim’s Vision
and Mission were discussed by the Board of Commissioners
and Board of Directors during the final presentation of the
Corporate Plan 2024-2028 preparation and were deemed
still relevant to the current conditions. The discussion of
Bank Jatim’s Vision and Mission was also conducted by the
Board of Commissioners and Board of Directors during a
joint meeting for reviewing Bank Jatim’s performance.
The Bank continues to innovate more diverse digital banking In applying the principles of sustainable finance, the Bank in
products and services so that the products are easily accessible carrying out its business activities seeks to implement financial
and can meet the expectations of the community, especially in practices that are more environmentally friendly and prioritize
the East Java region. financial transactions for environmentally friendly business
projects.
In order to contribute to the economic growth of East Java,
the Bank has a duty to continue to strive to participate in Sustainable finance is defined as the overall support of the
developing MSMEs and contribute to strategic government financial services industry for sustainable growth resulting
projects as well as economic activities in the context of regional from the harmony between economic, social and environmental
development. interests.
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03 Company
Profile
Corporate Culture
EXELLENCE
Always provide and present everything exceeded expectations. In the other words, constantly develop and make improvements in all
areas to achieve optimum added value, and the best results continuously. Key behaviors:
Fast & Simplicity Agile & Business Savvy
Always be responsive over the dynamics of change by meeting Working fast, nimble, agile, responsive and proactive in
customer needs, and presenting customer friendly products capturing business opportunities, which is conducted by all
and services, behavior guidelines: employees with continuous improvement, behavior guidelines:
• Always consistently take initiatives to offer and provide the • Always seek and seize opportunities to contribute added
best quick, precise, and easy solution. value to the company growth continuously.
• Always provide products and services which are accurate, • Always work diligently in performing the tasks and
safe, convenient, value added, and meet the standard that proactive in capturing the opportunities exist.
exceed customer expectations. • Always keep focused and be discipline in executing the
• Always simplify the existing problems to provide the best priority tasks.
solution, quickly and precisely to the customer. • Evaluating and monitoring both to the work process and
the results of performance on a regular basis, to be able to
identify opportunities for improvement.
• Always be patriotic, have a winning mentality and the
courage to make a breakthrough.
• Have a flexible spirit which is appropriate to business
environment and customer needs.
PROFESSIONAL
Performing and mastering duties and responsibilities, and commit to achieve optimal results,
key behaviors:
Execution & Risk Taker Proactive & Accountable
Carry out management decisions with the courage to take the Taking the initiative to carry out alternatives based on the
necessary risks, behaviors guidelines: principles and values, openly and responsibly, behaviors
• Accomplish the tasks completely, accurately and on time. guidelines:
• Work smart, which is efficient and effective, by optimally • Set a high standard as a benchmark of the performance,
utilizing resources to achieve maximum results. and to achieve the performance standard with best effort
• Manage work systematically through the process of and full responsibility.
planning, organizing, evaluating, and continuously • Always maintain a high working passion and spirit.
monitoring as well. • Foster a sense of belonging and be responsible for every
• In an effort to provide the best results, have the courage to action and decision made.
take necessary risks carefully, so as not to put the company • Be responsible to contribute in the achievement of the
interests aside. vision and mission of the Bank Jatim.
• Have self-confidence over the opportunities and results.
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INTEGRITY
To be consistent in thought and behavior, be honest to themselves and others based on ethical values,
key behaviors:
Honesty Trust
Uphold honesty, sincerity, openness with regard to the Mutual respect and open attitude among fellow members of the
principles of prudence, behaviors guidelines: company based on confidence, honesty and good faith in the
• Always speak and act on the truth, according to the fact execution of the work, behaviors guidelines:
and reality. • Treat co-workers, customers and all stakeholders with
• Act honest, sincere, open, humble, simple, ethical, keep respect and courtesy.
promises and commitments made, and to act appropriately • Keep an empathetic communication between coworkers
in the right situation. so as to create mutual understanding in interpersonal
• Maintain a sincere intention and full compliance, act solely relationships.
for the best interests of the Bank Jatim unconditionally, • Create and maintain a conducive and comfortable climate
and without any ulterior motives. of working environment.
• Maintain transparency in every action and decisionmaking, • Carry out the mandate given with full commitment and
by providing relevant information correctly and accurately, responsibility to build a sustainable trust, and put any
while upholding the principles of privacy and confidentiality. corporate interests above personal or group interests.
• Have the courage to recognize the limitations and mistakes, • Establishing cooperation between individuals and between
and be willing to make improvements. work units to jointly strive to achieve organizational goals.
• Be a role model in all circumstances, to serve, to accept • Provide assistance and positive support for fellow
criticism, and be willing to listen more. coworkers, and contributes actively to achieve shared
• Comply with the rules, policies and procedures, and goals.
prevailing regulation wisely and responsibly. • Respect the differences between employees, and make the
• Make wise decisions in various situations by sticking to the differences as a starting point to create synergy.
applied rules and policies.
• Uphold the principles and stance which is believed to
be right, and not easy to change, even under pressure or
difficult situations.
• Work with dedication, protect the honor and interests
of personal and the company, and always uphold the
professional code of ethics.
• Avoid opportunities that enables the conflict of interest.
• Be a role model and benchmark for others by consistently
doing what the talked.
• Use company property in a responsible manner.
• Make decisions objectively and free from pressure or
influence from any party.
• Have the courage to put forward suggestions, opinions and
criticism objectively and openly.
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03 Company
Profile
SYNERGY
Mutually beneficial cooperation undertaken with a commitment to increase the added value for both parties,
key behaviors:
Respect Collaboration
Implement mutual appreciation, respect and guide sincerely to Together create added value to create growth and development
uphold the values of decency, behaviors guidelines: of the company, behaviors guidelines:
• Implement mutual appreciation, respect and guide sincerely • Be positive result oriented.
to uphold the values of decency, behaviors guidelines. • Work together to achieve the shared goals and or
• Always be positive think to others. agreements.
• Respect and uphold honor of others. • Very like to discuss and maintain effectiveness.
• Avoid self-destructive Behavior. • Have a high sense of belonging.
• Appreciate the uniqueness of themselves, develop and • Appreciate, give recognition, and have a high standard of
overcome weaknesses. work ethic.
INNOVATION
Creativity or the ability to produce something new and make something already become better continuously according to customer
needs, key behaviors:
Eager to Learn Creativity
The behavior of employees which constantly improve their Always create something new and develop ideas to achieve
knowledge that enable the company to grow in a sustainable better results, behaviors guidelines:
manner, behavior guidelines: • Be Innovative in creating opportunities to achieve beyond
• Have a high curiosity, optimistic, sincere, consistent and expectations performance.
visionary. • Be creative, innovative, proactive and responsive in
• Perform continuous improvement. providing the best solution.
• Always be sensitive to customer needs, and proactively • Always focus on providing services with specific added
identify. value as customer needs.
• Constantly develop competency levels in order to meet the • Always be innovative and oriented to provide solutions
development and progress of the profession demands. which meet customer needs.
• Have a good work ethic to become a true learner. • Be empathetic to customer complaints and problems, and
• Have entushiasm to keep learning as a part of life, and carry responsive to provide the best solution for each complaint.
out the process of changing Behaviour to be better. • Have a strong stance and be intuitive.
• Like to meet new people, discuss, reflect, and make • Be flexible, elaborative, imaginative, initiative, and
changes. selfconfident.
• Have broad interests and never get bored.
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Business
Activities
Business Activities According
to the Articles of Association
Bank Jatim conducts business in the banking sector in accordance
with Article 3 Paragraph 1 in the Articles of Association based on
Deed of Resumption of Board Resolution No. 107, dated October 30,
2024, and approval from the Minister of Law and Human Rights of the
Republic of Indonesia No. AHU-AH.01.03-0207457, dated November
5, 2024, concerning the acceptance of amendments to the Articles
of Association of PT Bank Pembangunan Daerah Jawa Timur Tbk.
The purpose and objective of the Bank is to carry out business in the
field of financial activities, particulary banking, in accordance with the
provisions of the prevailing laws and regulations.
Primary Business Activities Supporting Business Activities
To achieve the goals and objectives of Bank Jatim, the Company To complement primary business activities, Bank Jatim also
carries out its main activities as follows: carries out the following supporting business activities:
a. Collect funds from the community in the form of deposits, a. Purchase part of or all the collateral, either through
such as current accounts, time deposits, certificates an auction or outside of an auction based on voluntary
of deposits, savings, and/or other similar forms, both handover by the collateral owner or based on the authority
conventionally and based on sharia principles; to sell outside of the auction from the collateral owner in
b. Distribute funds in the form of loan or financing based on which the debtor does not fulfill their obligations to the
the sharia principles; company, with a condition that the purchased collateral
c. Carry out activities in field of the payment system; have to be immediately disbursed;
d. Invest funds in other banks, borrow funds from, or b. Perform capital investments activities in financial services
lend funds to other banks, either with a letter, means institutions or other companies that support the banking
of telecommunication, money order, check, or other industry by fulfilling the provisions set by the Financial
instruments; Services Authority;
e. Issue and/or carry out Securities transactions for the c. Perform temporary capital investments activities
benefit of the Bank and/or Customer; outside financial services institutions to overcome the
f. Provide a safe place to store goods and securities; consequences due to loan failures or financing failures,
g. Carry out business activities in the form of foreign based on sharia principles, with the provision of withdrawing
exchange; the investments;
h. Carry out receivable transfer activities; d. Collaborate with Financial Services Institutions and Non-
i. Carry out goods and securities safekeeping activities; Financial Institutions in providing financial services to
j. Carry out other with approval from the Financial Services Customers;
Authority; e. Act as the founder of pension funds and manager of
k. Provide financing and/or carry out other activities including pension funds in accordance with the applicable pension
those based on the sharia principles in accordance with the fund regulations.
applicable provisions;
l. Commence other banking business in accordance with
the prevailing laws and regulations, both in domestic and
overseas.
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On-Going Business Activities
All business activities have been carried out by the Bank in accordance with the Articles of Association.
Products and Services
Bank Jatim’s business activities include various savings products, loan products, and various conventional and sharia services which
are described as follows:
Deposit Products
Siklus Savings
Rupiah Current Account
With this savings product, Bank Jatim contributes to the
Giro or current account is a deposit that can be withdrawn at development of saving tradition as a means to manifest a
any time by using check/ transfer form and other payment order prosperous family. This product is suitable for customers who
facilities, or by way of transfer. Bank Jatim’s current account is do not want prizes but expect competitive interest. Micro and
online at all of its branches so that withdrawals and deposits can Small Enterprise Siklus Savings.
be made at all branches while Bank Jatim’s check/transfer form
in Rupiah can be cleared anywhere (Intercity Clearing). Micro and Small Enterprise Siklus Savings (SiUMI)
Foreign Currency Current Account To foster the productive economic sector, specifically through
the Micro, Small & Medium Enterprises, Bank Jatim launches
Current accounts are deposits which can be withdrawn at any the SiUMI (Micro and Small Enterprise Siklus Savings) Program
time by using a check/ bilyet giro, other means of payment consisting of SiUMI Savings and SiUMI Loans.
orders or by book-entry. Bank Jatim current accounts are
online at all Bank Jatim branches, so withdrawals and deposits Fishermen Siklus Savings (SINYAL)
can be made at all Bank Jatim branches and Bank Jatim
checks/bilyet giro can be cleared anywhere (Intercity Clearing) In line with the vision of the Central Government to actuate
with foreign currency (USD). Indonesia as the World Maritime Axis, the Ministry of Maritime
Affairs & Fisheries, in collaboration with the Financial Services
Rupiah Deposits Authority (OJK), launched the JARING (Reach, Synergy,
and Guideline) program which is expected to give positive
Deposits, or often referred to as time deposits, are a bank’s contribution to the maritime sector. In accordance with the role
product similar to savings services commonly offered to the of Bank Jatim in supporting the government programs, it is
public. Funds in deposits are guaranteed by the government necessary to develop and improve existing products to manifest
through the Indonesia Deposit Insurance Corporation (IDIC) a specific savings for those in the maritime sectors, especially
under certain terms and conditions. fishermen.
Foreign Currency Deposits Siklus Prioritas Savings
Foreign currency deposits only accept funds in foreign Siklus Prioritas Savings is aimed at Jatim Prioritas customers
currencies, such as USD, in accordance with banking or customers who have a minimum fund of IDR250 million
regulations. The interest rates offered in foreign currency with relatively high interest rates. Various convenience and
deposits are generally lower than the rates of Rupiah deposits. exclusive banking facilities are provided for the holders of
Jatim Prioritas debit card, including health services, discounts
Simpeda Savings at various merchants, exclusive event invitations, and so on.
Simpeda is a Regional Development Deposit product that Foreign Currency Siklus
has been online in all Bank Jatim’s branches. This product
implements a daily-calculated interest rate which provides a lot One of the strategies pursued by Bank Jatim is to create a
of convenience and benefits at such a low cost. The total prize Foreign Currency Siklus Savings product with the applicable
of IDR12.65 billion per year is drawn three times a year, twice foreign currencies (USD and SGD). This program is expected
for the national level and once for the regional level. to increase the growth of third-party funds’ customers and/or
outstanding third-party funds in general.
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Hajj Savings Simpanan Laku Pandai (SIPANDAI)
Bank Jatim’s Hajj Savings is a savings product in the form of Simpanan Laku Pandai is Bank Jatim’s savings product that
deposit which aims to specifically help alleviate the Muslim allows the customers to conduct financial transactions without
community, especially those wishing to take the Hajj pilgrimage having to go to the Bank, and simply through the SiPandai Bank
to the Holy Land of Mecca to perform the fifth pillar of Islam. Jatim agent. Therefore, it is easier for people to connect with
the Bank to obtain Financial Services.
Tabunganku
Siklus Pension Savings
TabunganKu is a savings product for individuals with easy and
simple requirements, which are jointly issued by Indonesian This is a savings product in the Rupiah currency aimed at
banks to foster the culture of saving and improve public welfare. customers of the pensioner segment and used as a means of
This product is not subjected to administrative fees. receiving pension payment from pension fund disbursement
companies (PT Taspen, PT Asabri, Pension Fund Companies,
Simpanan Pelajar (SIMPEL) and other Pension Fund institutions partnering with Bank
Jatim). This product can be opened at all Bank Jatim’s office
This is a special savings for students from the level of elementary network, i.e. branch offices, subbranch offices, service offices,
school to senior high school under the name of Student Savings/ and functional Office.
Simpanan Pelajar (SIMPEL). With a low initial and affordable
follow-up deposits, SIMPEL is packaged to provide financial
education and inclusion to encourage the saving culture from
early age. SiMPEL is a savings product for students jointly
issued by Indonesian banks with easy and simple requirements,
and equipped with attractive features, to encourage saving
culture from early age.
Consumer Loans Products
1. Sub Consumer
Multiguna (Multipurpose) Loan
Consumptive sector loan facilities provided to members of the public who had a fixed income and other income, which could
be used for all purposes as long as they did not conflict with applicable laws and regulations. The Bank provided Multipurpose
loan facilities for the Board of Commissioners, Directors and Committee Members of Bank Jatim with procedures according to
regulatory provisions and interest rates above the cost of funds (COF). The features of multipurpose loan products include:
a. Multiguna Loan – Employee h. Multiguna Loan – Employee Professional Allowance/
b. Multiguna Loan – Retired Performance Allowance/Remuneration
c. Multiguna Loan – Pre Retirement Employees i. Multiguna Loan – For the Board of Commissioners,
d. Multiguna Loan – Pre Retirement ENT Board of Directors, and Committee Members of Bank
e. Multiguna Loan – Contract Employee, First Aid, Jatim
Honorary Employee and Village Apparatus j. Multiguna Loan – Retired Bank Jatim
f. Multiguna Loan – Retirement Widow/ Widower k. Multiguna Loan – Indonesian Credit Card
g. Multiguna Loan – Education
Employee Loan & Personal Loan Car Allowance Program
1. Employee Loan 2. Personal Loan Car Allowance Program (CAP)
Loan facilities provided to Bank employees for all Loan facilities that were used to procure official
purposes as long as they did not conflict with laws and vehicles for Bank employees with certain positions,
regulations. were provided in accordance with the provisions of the
Bank’s Car Allowance Program.
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Motor Vehicle Loan Cash Collateral Credit
Motor Vehicle Credit (KKB) is a loan facility provided Cash Collateral Credit (CCC) is a loan that is guaranteed
to prospective borrowers or debtors, either directly or by cash collateral in the form of Bank Deposits/Current
indirectly, for the purchase/ownership of new or used Accounts/ Savings.
motorized vehicles used either for consumptive purposes
or to support business operations or refinancing. Gold Guarantee Loan
Gold Guarantee Loan is a loan that is guaranteed with cash
collateral in the form of gold bullion, gold jewelry, gold
coins and gold coins or in other forms that can be used as
collateral.
2. Sub Property
Auction Mortgage Loan (KPR LELANG) and Milia
Property Loan Mortgage Loan (KPR MILIA)
The loan facility was provided to prospective borrowers 1. KPR Lelang
or debtors for the purchase or ownership of property, A mortgage loan facility provided to finance collateral
including propertybacked consumer loans (Planted that has entered the auction process at Bank Jatim.
Houses/ Flats/ Apartments/Shop Houses/Office Houses) 2. KPR MILIA (Millennial Young Entrepreneurs)
for both new and used purchases from developers or non- A mortage loan facility provided to Young Entrepreneurs
developers. Property loan Facilities include: aged 21-30 years.
a. Purchase or ownership of property.
b. Renovation or construction of property on own land. Property-Backed Consumer Loan (KKBP)
c. For other consumption, it is a cash loan facility for
other consumptive needs such as purchasing a vehicle, A financing facility from Bank Jatim that can be used for
educational expenses, and others. various consumer needs, including building or renovating
d. Take Over, Take Over plus Top Up. property, purchasing vehicles, education expenses, Hajj or
e. Purchase or ownership of Bank auction property, a Umrah pilgrimage, and other necessities.
loan facility for the purchase or ownership of property
auction results at the Bank. Subsidized Home Ownership Loan (KPRS)
f. Purchase or ownership of family property, a loan
facility that accommodated the purchase or ownership A home ownership loan facility under the program of the
of property dedicated to your beloved family. Ministry of Public Works and Public Housing of the Republic
of Indonesia, provided to low-income individuals who
meet the requirements for purchasing a landed or vertical
subsidized house.
Corporate Credit and Syndication
Transactional Pattern Contractor Loan Standby Loan Contractor Loans
Transactional Working Capital Loans for contractors were The Contractor’s Working Capital Loan with the Standby Loan
working capital loan facilities for contractors to complete a job pattern was a working capital loan facility for a Contractor
based on a work contract with a certain ceiling, the repayment to complete a job based on a Work Contract with a certain
of which came from the payment of the relevant project terms. ceiling which could be disbursed revolving per project or work
contract, and the repayment of the loan was sourced from the
payment of the relevant Project term.
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Installment General Working Capital Loan Loan to Regional Public Service Agencies
(Badan Layanan Umum Daerah – BLUD)
Working Capital Loan Installment loan facility provided for
working capital purposes where the disbursement can be done This is a loan facility given to Regional Work Units or each Work
simultaneously and is non revolving in which the payment is Unit within the Regional Work Units in the Regional Government
made in installments. aimed to provide services to the community in the form of goods
and/or services which are sold without prioritizing profit and
Current Account Working Capital Loan instead based on the principles of efficiency and productivity.
Current account working capital loan is a working capital Receivable Financing Loan
financing facility given to the customers to fulfill the lack of
their working capital, which expires within a maximum period Receivable Financing loan is a type of loan facility given to the
of 1 year. holders of receivables/ bills whose returns are clear and can
be confirmed. The receivable financing loan facility aims to
Investment Loan provide assistance for the customers/prospective customers
who are in need of working capital as their receivables/bills
Investment loan is a medium/long-term loan given to customers cannot be billed/disbursed yet at that time. The advantage of
for purchasing capital goods and service for the purposes this loan is in its quick process.
of rehabilitation and establishment of new businesses. The
settlement of loans shall be sourced from the yields of business Regional Government Loan
using the financed capital goods.
This loan facility is provided for the Regional Government within
Property Construction Loan and outside the East Java Region in the form of investment
loans. The loans can be used to finance the development of
Property Construction loan is a working capital loan facility facilities and infrastructure as the Regional assets that can
provided by the Bank to the customers, specifically Developers generate revenues for the repayment of loans, as well as to
who are in the process or will undergo a job on property provide benefits for community services and/or working capital
projects. loan to cover the lack of Regional Cash Flow in the same year
budget, with certain limit that can be disbursed in accordance
Syndication Loan with the regional financing needs. The advantage of this loan
is that it can significantly accelerate the development in the
Syndication Loan is a loan given to the debtors by 2 (two) or region.
more Banks/NonBank financial institutions, with the same
terms or conditions for all Syndication participants, which Trade Finance Loans
is agreed within a documentation and administrated by an
institution called an agent. Loan facilities provided to debtors engaged in export and
import with due observance of the aspects of sound lending.
Micro Credit/Loan
Jatim Micro Loans Micro Business Loan (KUR)
A working capital and/or investment loan in the productive A working capital and/or investment loan provided to individual
sector provided for business development to micro and small debtors, business entities, and/or productive and feasible
entrepreneurs, featuring several loan types, including: business groups that lack sufficient additional collateral. The
• Jatim Micro Installment Working Capital & Investment Loan program aims to improve MSME financing access with loan
• Jatim Micro Overdraft Loan limits up to IDR 500 million, including the following types of
• Jatim Micro Sugar Delivery Order Loan KUR:
• Jatim Micro Village-Owned Enterprises Loa
• Jatim Micro Business Loan
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• KUR Super Mikro Revolving Fund Loans (DAGULIR)
• KUR Micro
• KUR Small A non-permanent investment allocated by the East Java
• KUR Special Provincial Government through an Implementing Bank, aimed
• KUR Placement of Indonesian Migrant Workers (PMI) at strengthening business capital for East Java residents,
including individuals, business groups, and business entities,
Fintech Linkage Loan including cooperatives, domiciled in East Java.
A working capital loan provided to individual debtors and/or Warehouse Receipt Subsidy Scheme (S-SRG)
business entities for all types of productive businesses deemed
feasible based on sound banking and credit principles through A loan provided to farmers, cooperatives, and individual/
Fintech companies registered and licensed by the Financial business entity entrepreneurs who own commodities, using
Services Authority (OJK). warehouse receipts as collateral.
Retail Loan
Jatim’s Retail and Medium Loan to their members. Additionally, Bank Jatim collaborates with
PTPN X and PTPN XI for the distribution of KKPA loans in the
Bank Jatim’s Retail and Medium Loan is a productive loan sugarcane sector.
facility with a loan ceiling of > IDR500 million up to IDR25
billion for the retail segment and above IDR25 billion up to Loan to Cooperatives (KKOP)
IDR50 billion for the medium segment.
A working capital and/or investment loan granted by the Bank
Linkage BPR Loan to cooperatives, both Primary and Secondary Cooperatives, to
fulfill their institutional financial needs.
A loan facility provided by Bank Jatim to micro and small
entrepreneurs through Rural Banks (BPR) under Perbamida Loan BPR RC (Newspaper Account)
and Perbarindo, regardless of their APEX membership status.
A loan facility provided to Rural Banks (BPR) for working capital
Loan To Cooperatives For Their Members (KKPA) needs, where withdrawals can be made at any time through an
overdraft account up to a certain limit using checks or bank
A working capital loan provided by the Bank to cooperatives, drafts.
both Primary and Secondary Cooperatives, for distribution
Treasury Products
Telegraphic Transfer Bank Notes
Telegraphic transfer is a sale and purchase transaction on Bank Notes is a sale and purchase transaction on foreign
foreign currency in the form of general (non-cash) foreign currency in the form of paper money or cash. The foreign
exchange. Bank Jatim offers telegraphic transfer for USD, currencies served by the Bank are:
GBP, SGD, JPY, HKD, EUR, and CNY currencies. The types of • USD
telegraphic transfer transactions provided by the Bank are as • GBP
follows: • EUR
• SGD
Fx Today (Foreign Exchange Today) • JPY
• HKD
FX Today transaction is a sale and purchase transaction on • CNY
foreign currency with the time of delivery of funds conducted • SAR
on the day/date of the transaction. • AUD
• MYR
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Deposit on Call
On-Call Deposits is a deposit of a certain nominal to the Bank
carried out in accordance with the applicable provisions, with a
period of less than 1 (one) month.
Trade Finance Product
Export Import
Bank Jatim could provide financing for customer export Bank Jatim provided solutions for import transactions to
transactions from before delivery of goods (Pre Shippment customers so that they could purchase goods more safely,
Financing) to after delivery of goods (Post Shipment Financing). because payment could be made after the goods arrive at the
port or the billing document for the purchase of the goods is in
Bank to Customer Transaction Ekspor accordance with the requirements.
1. Documentary Collection Bank to Customer Transaction Impor
a. D/A: namely the service of forwarding documents on
orders from the Exporter/ Seller to the bank to be 1. Letter of Credit Issuing
billed for the payment to the Importer/Buyer bank Issuance of the LC Master or Amendment LC for the benefit
through acceptance according to a certain agreed of the Importer/Buyer to the Advising Bank/Exporting Bank.
period of time. 2. Shipping Guarantee
b. D/P: the service of forwarding documents on orders Import services in accelerating the process of releasing
from the Exporter/Seller to the bank to be billed for the goods/ cargo releases at the port so that the imported
payment to the Importer/Buyer bank on a show basis. goods can be used immediately, based on a letter of
2. Letter of Credit (LC) guarantee issued by Bank Jatim. This could provide
Advising Forwarding receipt of LC Master or Amendment benefits for importers, namely reducing or reducing the
LC to the recipient of the Export LC/ seller. burden of warehouse rental costs/ demurrages that must
3. Transferable Letter of Credit be borne.
Carry out transferable LCs at the request of the Exporter of 3. Provide Assistance and Advisory services to the customers
Bank Jatim customer as the first Beneficiary. concerning international trade transactions conducted in
4. Takeover of Export Notes (Discount) a manner that guarantees the security of both customers
Post shipment financing services provided by Bank Jatim and Bank Jatim.
on the basis of the export documents presented and
have complied with the LC (Complete and Comply with) Bank to Bank Transaction Impor
provisions.
5. Provide Assistance and Advisory services to the customers 1. UPAS Financing
concerning international trade transactions conducted in It is a transaction service for the purchase of imported debt
a manner that guarantees the security of both customers by PT Bank Pembangunan Daerah Jawa Timur Tbk, in which
and Bank Jatim. Bank Jatim acts as Funding Bank for the Usance Payable at
Sight transactions.
Bank to Bank Transaction Ekspor
Domestic Transactions (SKBDN)
1. Forfaiting
It is export receivable sales transaction services between In the transaction of trade in domestic goods and services, of
Bank Jatim and other banks. course, it also requires certainty of receipt of payments or even
acceleration of receipt of payments. All of the above export and
import solutions could be applied to domestic transactions.
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Business Services
Bank Reference Jatim Electronic Transfer System (JETS)
Bank Reference is a statement issued by Bank Jatim which Jatim Electronic Transfer Sistem (JETS) enables all transactions
explains that the undersigned person/company is truthfully to be connected online; for example, transfers between BPRs or
a customer of Bank Jatim. Bank References can be used by to commercial banks.
customers to participate in certain project auctions.
Jconnect Invest
National Clearing
JConnect Invest was a mobile-based online securities
National Clearing is the credit funds transfer between Banks investment platform that could be downloaded on the Playstore
through clearing without the obligation to make physical paper and Appstore and integrated with distribution partners and
(Paperless) exchanges. The transfer can be done within all the Ministry of Finance. The JConnect Invest application was
regions of Indonesia. registered with the Financial Services Authority and provided
Retail Government Securities (SBN) investment products with
Real Time Gross Settlement (RTGS) offers on the primary market. Products that can be ordered
through the Jconnect Invest application include:
RTGS-based fund transfer system enables the Bank to carry 1. ORI (Obligasi Ritel Indonesia)
out various electronic transactions of fund payments/transfer One of the Government Securities (SBN) instruments
instantly/online with an integrated settlement of transaction. offered to individuals or Indonesian Citizens through
Distribution Partners in the Primary Market with a
Inkaso Rupiah predetermined minimum volume.
2. SBR (Saving Bond Ritel)
Is the delivery of scripts (Cheques, Billet, Giro, Wesel) to Banks A type of Government Bond (SUN) or SBN specifically
interested in getting payments because they cannot be settled offered to individuals or individuals whose nature is similar
through clearing facilities (Banks are interested outside the to savings or bank deposits, because they cannot be traded
clearing area) using Rupiah currency. back on the secondary market.
3. SR (Sukuk Ritel)
Inkaso Valas Sharia investment products offered by the Government to
individual Indonesian Citizens, as a safe, easy, affordable
Is the delivery of scripts (Cheques, Billet, Giro, Wesel) to Banks and profitable investment option.
interested in getting payments because they cannot be settled 4. ST (Sukuk Tabungan)
through clearing facilities (Banks are interested outside the Sharia investment products issued by the Government to
clearing area) using forex currency (USD). individual Indonesian citizens that are safe, easy, affordable,
profitable, and shariacompliant which are similar in nature
Giralization to savings or bank deposits, because they cannot be resold
on the secondary market.
Giralization is a payment made by the customers that is carried
out automatically by the Bank by debiting the current account/ Remittance Transactions
savings account of the relevant customers based on the debit
order signed by the customers. This is a service from Bank Jatim to send funds in a foreign
currency at home and abroad. This service makes it easier for
BPD Net Online the Customers to make transactions with business partners and
family abroad. Remittance Transactions provide convenience
This is a transfer facility between BPDs throughout Indonesia and smoothness that can be carried out in Bank Jatim Branch
that is incorporated in ATM Bersama in Real Time. Offices and Sub-Branch Offices throughout East Java, Jakarta,
and Batam. This transaction serves foreign exchange transfers
in USD, EUR, GBP, SGD, JPY, HKD, AUD, and CNY.
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Institutional Services
Tax Services Trade Transaction Services
Tax is one of the services provided by Bank Jatim to its Domestic Letter of Credit (SKBDN)
customers. Tax Service is related to the status of Bank Jatim
as an Operational Bank V (BO V) or as a Perception Bank (Tax The domestic letter of credit (SKBDN) is an instrument issued
Payment Bank). The Bank’s online service system has been by an issuing bank at the request of the buyer/applicant, which
authorized by the Directorate General of Central Taxes and its consists of the bank’s commitment to pay a sum of money to
validity is recognized. The types of tax services offered are as the seller/ recipient if the issuing bank receives documents in
follows: accordance with the SKBDN requirements. SKBDN is used to
• Property Tax support domestic trade transactions. Bank Jatim can serve the
• Customs for Land and Building Rights needs both from the sides of the applicant and recipient of the
• Other Regional Taxes SKBDN.
• Vehicle Tax
• Value-Added Tax (VAT) Letter of Credit (L/C)
• Income Tax
• Non-Tax Revenue Letter of Credit is an instrument issued by a bank on behalf of
one of its customers, which authorizes a person or a company
Bill Payment as the recipient of said instrument to withdraw a money order
from the bank or on one of its correspondent banks for the
Bill payment is one of the services provided by Bank Jatim to interest, based on the conditions/ requirements stated on the
its customers. This payment service can be performed through instrument.
the Bank’s Teller or through the entire e-Channel, and has been
online throughout all Branches of the Bank. Various types of bill Foreign Exchange Transfer (Remittance)
payments include:
• Water (PDAM) Bill Payment Bank Jatim provides Foreign Exchange Transfer Services to
• Electricity (PLN) Bill Payment facilitate and simplify transactions for its customers. Foreign
• Phone Bill Payment Exchange Transfers are unconditional payment orders sent
• Payment for Education Fees from sending banks from within or outside the country to
• Internet Bill Payment recipient banks in the form of Foreign Exchange at the request
• Subscription TV Bill Payment and for the interests of order givers, by using authenticated
• Payment for Surabaya Container Terminal (TPS) means (SWIFT, Tested Telex, and Tested Facsimile).
• Multi Finance Bill Payment
• Credit Card Bill Payment Export/Import Tax Receipt (Edi System)
• Payment for Airline or Train Tickets
• E-Commerce Transactions Payment EDI System aims to provide assistance in terms of export and
import documents, namely the Goods Import Notification
Salary Payroll (PIB) and Goods Export Notification (PEB) services. Customs
administration is able to process customs notification in
Salary payroll is a type of services provided by Bank Jatim to its the customs service computer system that can further
customers. The mechanism of salary payroll is by transferring be transmitted electronically; hence, the same data will
certain amount of salary from a holding account on behalf of an immediately be available at the computer system of the
institution or a company to a salary recipient’s savings account. Directorate General of Customs and Excise without having to
undergo the re-entry process.
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Sharia Financing Products
General Financing c. Multipurpose Financing - Employee Pre-Retirement
d. Multipurpose Financing - ENT PreRetirement
Investment Financing is a facility provided to finance investments e. Multipurpose Funding - Contract Labor, First Aid, Honorary
or procurement of capital goods that are not consumables up Staff and Village Devices
in one business cycle Working Capital Financing is a facility f. Multipurpose Financing - Widow/ Widower Pension
provided to finance and fulfill the working capital needs in order g. Multipurpose Financing - Education
to perform the business activities and usually are consumables h. Multipurpose Financing - Employee Professional
up in one production cycle, such as for the procurement of raw Allowances/Performance Allowances/Remuneration
materials or to finance the lack of other operational costs. i. Multipurpose Financing - For the Board of Commissioners,
Directors and Committee Members of BankJatim
KPR iB Griya Barokah j. Multipurpose Financing - Bank Jatim Retired Employees
Consumption financing consists of: Emas iB Barokah
a. Financing provided by the Bank for the ownership of
Landed House, including Financing for consumption Financing for the customers with the principle of Qardh provided
backed by Landed House. by the Bank to the Customer according to an agreement, which
b. Financing provided by the Bank for the ownership of is included with Mortgage (Marhun) as collateral for all or parts
the multi-level housing/flats, including Financing for of the customer’s debts (Rahin) to the Bank (Murtahin).
consumption backed by the multi-level housing/flats.
c. Financing provided by the Bank for the ownership of Gold Ownership
Shophouses or Home Offices, including Financing for
consumption backed by the Shophouses or Home Offices. Financing provided for the gold ownership with murabahah
d. Purchase of building materials and other supporting principle.
materials for renovation/repair of landed houses,
multilevel housing/flats, home offices or shophouses. Linkage Program
e. Purchase of lands along with the building materials for
landed houses, multi-level housing/flats, home offices, or BPRS is a financing facility given by the Bank to the BPRS
shophouses (indent). and/or its members by implementing the akad mudharabah
f. Take over from other Banks or financial services principle. PKPA/PKOP is a financing facility given by the Bank
institutions with additions and/or without additions (Top to a cooperative and/ or its members by implementing the akad
Up). mudharabah principle.
g. Top up for property renovations or other consumption
needs for existing customers. Umroh iB Maqbulla
KPR Sejahtera Financing provided for Multiservice Financing for Umrah with
Ijarah principle.
House ownership financing by the support of Housing Financing
Liquidity Facility (FLPP), including KPR Sejahtera for Landed Working Capital Financing for iB Barokah
House and KPR Sejahtera for Multi-level Housing/Flats, issued Property Construction
by the Bank with murabahah contract.
Working capital financing facilities provided by the Bank to the
Multiguna Sharia customer (Developer) who are or will be working on property
projects based on sharia principles.
Providing financing in the consumer sector and for other
purposes as long as it did not conflict with applicable legal iB Barokah Land Procurement Financing
regulations, which could be given to members of the public who
had a fixed income and other income using murabaha and ijarah Financing facility to purchase simple residential land whose
contracts. Features of multipurpose financing products include: construction uses the Property Construction Financing facility
a. Multipurpose Financing - Employees based on sharia principle.
b. Multipurpose Financing - Pensioners
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iB Barokah Contractor Financing requires one of the Syndication participants to act as the
Lead Manager (Imamus Syarik) in handling and managing the
Types and forms of financing: Syndication financing.
a. Transactional financing is a working capital financing
facility for the Contractor to complete a project based on Employee and Personal Financing
a Work Contract with a certain limit where repayment of
financing comes from payment of the relevant Project Financing facilities provided by the Bank to the Board of
terms based on the sharia principles. Commissioners, Directors, Permanent Employees, Permanent
b. Line Facility is a working capital financing facility for the Non-Career Employees, MLE, Prospective Employees,
contractor that can be disbursed on a revolving basis Committee Members, Retired Employees and the Personal Loan
per project if the customer/potential customer obtains a Car Allowance Program (CAP), which are used for consumptive
project based on a work contract whose source of financing purposes and for other purposes as long as they do not conflict
payments mainly comes from the terms of the said project. with applicable legal regulations and based on sharia principles.
Financing with Investment Associated with iB Bank Guarantee
Barokah (ITIB)
Guarantee service provided to the guaranteed party (customer)
Placement of a number of funds sourced from the owner of the which contains the Bank’s obligation to pay to the party
bound investment funds managed by the Bank as collateral for receiving the guarantee if the customer fails to promise based
financing provided to the Customer for a certain period based on the kafalah contract.
on a mudharabah muqayyadah contract.
Halal Industrial Area Financing
Debt Financing (Anjak Piutang) iB Barokah
Halal industrial area financing was financing in the context
Transfer service for settlement of shortterm receivables or of purchasing new warehouse assets or new factories for
claims from corporates / sellers (customers) to the Bank, which individual customers and/or MSMEs located in the Halal
then collects the receivables from the debtors (Corporate Industrial Area (KIH).
Partners / Buyers) which can be accompanied by short-
term financing facilities to the Corporate / Seller (Customer) Sharia People’s Business Credit (KUR) Financing
designated as bailout of corporate / seller (customer) liquidity
needs in the amount of receivables based on sharia principles. A working capital financing and/or investment to individual
customer/individual, business entities and/or business groups
Financing Sindication that are productive and viable but do not have additional
collateral or additional collateral is not sufficient and is carried
Financing provided by several banks or financial institutions to out in accordance with the sharia contracts.
meet the needs of an object of financing from customers in the
form of investment and working capital, in which this condition
Sharia Fund Products and Services
Giro iB Barokah Tabungan Simpel iB
Savings products with the Wadi’ah principle and the Mudharabah “Simpanan Pelajar (Student Savings)” or SIMPEL became
principle, in which withdrawals could be made at any time a savings product based on the Wadi’ah principle that was
by using a Check/Bilyet Giro (BG), other means of payment exchanged for students under 17 years of age and who did
orders or by way of transfer. In practice, the iB Barokah Current not yet have a ID card issued jointly by banks in Indonesia. It
Account was administered by Bank Jatim Syariah in an account was easy and simple account opening requirements as well
commonly called a Current Account. as attractive features, as an effort to educate and financial
PT Bank Pembangunan Daerah Jawa Timur Tbk 89
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inclusion to encourage a culture of saving from an early age. Savings Hajj iB Amanah
The withdrawal could be made at any time and the bank was
not required to provide compensation except in the form of a Savings products with the principle of Mudharabah (profit
voluntary bonus. sharing) are intended for the general public who wish to
carry out the pilgrimage where withdrawals can only be
Tabunganku iB made according to certain agreed conditions, but cannot be
withdrawn by check, giro, and/or other means equivalent to
Savings products with the Wadiah principle issued jointly by that.
banks in Indonesia in which customer deposits were treated
as safekeeping and withdrawals could be made at any time. As Saving Plan iB Barokah
for the withdrawal, it could only be made according to certain
agreed conditions, but could not be withdrawn by check, Savings products with the principle of Mudharabah (profit
demand deposit slip, and/or other means equivalent to that. sharing) intended for the general public who wish to save their
funds in order to realize all future plans and withdrawals cannot
Umroh iB Amanah Savings be withdrawn by check, demand deposit slip, and/or other
means equivalent to that.
Tabungan Umroh iB Amanah or Umroh iB Amanah Savings
is aimed at public in general who wish to carry out umrah iB Barokah Pension Savings
pilgrimage. Withdrawal can only be made under certain
requirements and cannot be done by checks, transfer forms, Savings products with the Mudharabah principle (profit
and/ or other instruments equivalent to such mentioned before. sharing) are intended for retired customers in the IDR currency
which are used as a means of receiving pension payments for
Sipandai iB Barokah Savings pension fund channeling institutions.
A savings product with the Wadi’ah principle aimed at people Barokah Deposits
who don’t know, use and/or get banking services and other
financial services, especially in East Java. Savings products with the Mudharabah principle (profit
sharing) where withdrawals can only be made at a certain time
Student Savings according to the agreement between the Depositor and the
Bank based on the mudharabah principle.
A savings product with the Wadi’ah principle aimed at students/
administrators in Islamic boarding schools whose withdrawals Virtual Account
can only be made according to certain agreed conditions,
but cannot be withdrawn by check, giro, and/or other means Virtual account is a service provided to the Bank’s customers
equivalent to that. in the form of a facility to identify the receipt of payment of
customer’s bills to a counterparty.
Barokah Savings
Payment Point
Savings product with the principle of Mudharabah (profit
sharing) between the Bank and the Customer in accordance This is a cooperation between the Bank and a third party in
with the agreed ratio, which withdrawals can be made at any order to receive bills payment through cash and non-cash
time but cannot be withdrawn by check, demand deposit slip, deposits. The bills covered by this program are, among others,
and/or other means equivalent to that. telephone bills, electricity bills, and tuition fees.
Barokah Sejahtera Savings E-Channel (Sms Banking, J-Connect Mobile dan
J-Connect Internet Banking)
This is a savings program that is combined with Barokah
Savings and provides benefit in the form of goods as a reward The e-Channel service covers banking transaction activities
and/ or souvenir for opening iB Barokah Sejahtera Savings through mobile phone or the Internet.
account. The account holder will still obtain profit savings at
the end of the period.
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Wakaf iB Barokah
Waqf services intended for the general public who wish to make waqf through projects that have been provided by Bank Jatim
Syariah Nazhir partners. This service can be accessed by customers through Android and iOS applications where waqf payments are
made through a virtual account that is connected to the iB Barokah Giro account, Nazhir Bank Jatim Syariah partner.
E-Channel & Other Services
SMS Banking (3366) are not accessible by banks’ service offices to conduct cash
withdrawal transactions, transfers, cash deposits, and other
SMS Banking is one of the innovations of e-Channel based transactions. SiPandai agents use Android based applications
products and services by Bank Jatim which enables the Bank to serve these customers/communities.
to provide services to its customers through mobile phones by
using both plain-text and mobile application modes. Info Bank Jatim (14044)
Jconnect Internet Banking Bank Jatim Info serves as the Bank’s Call Center with a phone
number or shortcode of 14044. Customers can contact this
It is an electronic channel (e-channel) service allowing the bank number from house phones as well as from mobile phones.
to provide services to the customers through internet media It provides a wide range of information related to the Bank
that can be accessed anytime and anywhere, comfortably and Jatim’s products, services, and other relevant information.
safely because it used dynamic PIN Token technology (always
changing for every transaction). Kartu ATM Debit Bank Jatim
Jconnect Mobile Banking The Bank Jatim ATM card can be used for cash withdrawal
transactions, telephone payments, water, PBB, electricity,
It is one of Bank Jatim’s product and service innovations based SMS Banking registration and transfers between Bank Jatim
one-channel, which allows the Bank to provide services to its accounts, between accounts among members of ATM Bersama
customers via mobile phones using a mobile application on the and ATM Prima, as well as balance checks and can be used for
Android and iOS platforms that use internet data packages for shopping at merchants. -merchants bearing the GPN (National
transactions. Payment Gateway) logo.
Jconnect E-KMG Kartu Bank Jatim Flazz (Co-Branding)
This is one of the online multipurpose / consumer loan Multifunctional Card Based/Chip Based Electronic Money using
application service innovations for State Civil Apparatus (ASN) RFID technology so that transactions become faster and more
and employees whose payroll is at Bank Jatim. The application convenient. The result of the collaboration between Bank Jatim
for multipurpose loan is done online through an application Co-Branding and BCA.
based on Android and iOS.
Safe Deposit Box
Jconnect E-Loan
Safe Deposit Box is Bank Jatim’s service in the form of tenancy
This is one of the innovative online productive loan application of boxes specifically designed to store assets/ securities with
services for the general public. Productive loan applications are small, medium and large sizes.
made online through android and iOS-based applications.
Civil Servants Electronic Card (KPE)
Layanan Laku Pandai (Sipandai Bank Jatim)
Bank Jatim presents various supporting facilities to optimize
This particular service is a program from the Financial Services the Civil Servants Electronic Card (KPE) function for banking
Authority (OJK) to facilitate communities that are not accessible activities. KPE can also function as a Bank Jatim ATM card with
to banks (unbanked people). Bank Jatim collaborates with the exact same service as that of the other customers of Bank
SiPandai agents to serve customers/communities in areas that Jatim.
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Virtual Account Samsat Digital Nasional (Signal)
Bank Jatim Virtual Account is a special identification number Annual STNK (Vehicle Registration Letter) validation services
aimed for customer business partners as a payment tool for and payment of Motor Vehicle Taxes and SWDKLLJ (Jasa
business partners to customers. With every deposit made in Raharja) throughout Indonesia through the e-Channel of Bank
Bank Jatim Virtual Account, the system will automatically Jatim and other banks that become the members of SIGNAL,
record to the Main Account by including data of the Number namely: ATMs, Tellers, Mobile Banking and Internet Banking by
and Name of the Virtual Account. first accessing the SIGNAL application. Android and iOS based.
E-Samsat Jatim Jatim Code Qris
Annual STNK (Vehicle Registration Letter) ratification services The JConnect Mobile application can be used by customers
and payment of Motor Vehicle Taxes and SWDKLLJ (Jasa to make purchases/payments by scanning QRIS installed at
Raharja) for the East Java province through the e-Channel of merchants or stores that have QRIS installed, both East Java
Bank Jatim, namely: ATMs, Tellers, PPOB, SiPANDAI Agents, Code QRIS and QRIS from other Payment System Service
JConnect Mobile and JConnect Internet Banking, as well Providers (PJSP). Jatim Code QRIS can also be scanned by
as other collecting agent channels such as the Tokopedia applications from other PJSPs such as OVO, Shope Pay, Dana,
marketplace, the GoJEK online transportation application, and Gopay, and others.
the modern retail channel Indomaret.
BJTM Connect
Leading technology that makes it easier for customers in every
banking transaction with a strategic location, long operational
time and more flexibility with services on holidays.
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Operating
Area
As of December 31, 2024, Bank Jatim has one Head Office Branch Offices, Cash Offices, Payment Points, Mobile Cash/
and 1,826 branch networks, consisting of Branch Offices, Sub- Counters, and ATMs/CRMs.
Table of Office Network for the last 5 years
Office Type 2024 2023 2022 2021 2020
Head Office (KP) 1 1 1 1 1
Conventional Branch Office (KC) 41 41 41 41 41
Sharia Branch Office (KCS) 7 7 7 7 7
Conventional Sub-Branch Office (KCP) 165 163 162 182 162
Sharia Sub-Branch Office (KCPS) 10 10 10 10 10
Functional Office (KK) 210 212 212 211 209
Sharia Functional Office (KKS) 4 4 3 2 -
Sharia Service Office (KLS) 198 196 195 195 195
Payment Point (PP) 189 191 196 248 247
Payment Point Sharia (PPS) 8 8 8 8 9
Car Cash (KM) 33 32 36 97 92
Sharia Car Cash (KMS) 7 7 7 7 6
Automated Teller Machine (ATM) * 822 828 815 780 753
Sharia Automated Teller Machine (ATM Syariah) 26 26 26 25 24
Cash Recycle Machine (CRM) 96 84 58 51 25
Cash Recycle Machine Sharia (CRM) Syariah 10 10 7 7 2
Cash Deposit Machine (CDM) - - - - -
Total 1.827 1.820 1.784 1.852 1.783
* Bank Jatim’s Automated Teller Machines (ATMs) are integrated with 81,569 ATM BERSAMA network terminals, 101,313 ATM PRIMA network terminals, and 695,971 Electronic
Data Capture (EDC) machines.
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Table of Bank Jatim Offices per Region in 2024
Office Location KC KCP KK PP KM KCS KCPS KKS KLS PPS KMS ATM ATMS CRM CRMS
Surabaya 4 24 28 15 2 1 3 1 27 2 1 100 5 13 2
Banyuwangi 1 6 11 4 1 0 1 0 7 0 0 27 1 6 0
Jember 1 6 6 6 0 1 0 0 7 0 1 24 1 2 1
Malang 1 5 9 14 1 1 0 1 11 1 1 27 3 7 2
Madiun 1 5 9 7 1 1 0 0 6 0 1 34 1 3 1
Kediri 1 7 9 9 1 1 0 1 10 1 1 30 2 2 1
Pamekasan 1 2 2 3 0 0 0 0 2 0 0 14 0 1 0
Bojonegoro 1 5 6 8 0 0 0 0 6 0 0 26 0 4 0
Lumajang 1 4 6 2 1 0 0 0 5 0 0 22 0 4 0
Ngawi 1 8 4 3 2 0 0 0 9 0 0 20 0 1 0
Jombang 1 3 7 6 1 0 1 0 4 0 0 18 1 3 0
Kraksaan 1 2 5 2 1 0 0 0 1 0 0 20 0 1 0
Probolinggo 1 3 3 2 1 0 1 0 6 0 0 11 1 1 0
Blitar 1 5 7 13 1 0 1 1 6 0 0 21 2 3 1
Tulungagung 1 4 5 5 1 0 0 0 5 0 0 16 0 5 0
Tuban 1 5 4 3 0 0 0 0 6 0 0 25 0 2 0
Mojokerto 1 3 4 4 1 0 1 0 4 0 0 25 1 1 0
Sumenep 1 2 4 4 0 0 0 0 4 0 0 20 0 1 0
Sampang 1 1 4 2 0 0 1 0 2 0 0 13 0 1 0
Bangkalan 1 3 4 6 0 0 0 0 4 0 0 11 0 3 0
Pasuruan 1 7 5 7 1 0 0 0 8 0 0 30 0 1 0
Nganjuk 1 4 5 14 1 0 0 0 5 0 0 19 0 2 0
Trenggalek 1 3 6 2 0 0 0 0 4 0 0 19 0 1 0
Ponorogo 1 4 6 4 1 0 0 0 5 0 0 21 0 2 0
Pacitan 1 3 2 3 1 0 0 0 4 0 0 20 0 4 0
Gresik 1 5 6 3 1 1 0 0 6 2 1 22 3 1 1
Sidoarjo 1 8 11 6 0 1 0 0 10 2 1 43 3 1 1
Lamongan 1 5 5 7 1 0 1 0 6 0 0 26 1 1 0
Situbondo 1 2 4 4 1 0 0 0 3 0 0 20 0 4 0
Bondowoso 1 3 3 2 1 0 0 0 4 0 0 17 0 4 0
Magetan 1 4 5 2 0 0 0 0 5 0 0 22 0 2 0
Kangean 1 0 1 0 0 0 0 0 1 0 0 6 0 1 0
Jakarta 1 6 0 0 0 0 0 0 0 0 0 8 0 1 0
Batu 1 2 3 4 1 0 0 0 2 0 0 11 0 2 0
Bawean 1 0 1 0 0 0 0 0 1 0 0 7 0 1 0
Pare 1 2 2 6 0 0 0 0 1 0 0 13 0 2 0
Kepanjen 1 4 8 7 1 0 0 0 1 0 0 14 0 1 0
Batam 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0
Grand Total 41 165 210 189 26 7 10 4 198 8 7 822 26 96 10
As of December 31, 2024, Bank Jatim has 13,317 Jatim Agents spread across East Java, consisting of Legal Entity Agents and Individual Agents
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Table of Conventional East Java Agent Networks for the last 3 years
Branch Name 2024 2023 2022
Bangkalan Branch 267 166 90
Banyuwangi Branch 556 224 31
Batu Branch 135 57 24
Bawean Branch 94 55 17
Blitar Branch 462 289 143
Bojonegoro Branch 278 166 55
Bondowoso Branch 297 254 160
Dr. Soetomo Branch 404 201 25
Gresik Branch 310 157 73
HR Muhammad Branch 301 195 32
Jember Branch 311 195 61
Jombang Branch 224 103 46
Kangean Branch 66 42 6
Kediri Branch 640 362 97
Kepanjen Branch 233 98 31
Kraksaan Branch 217 111 70
Lamongan Branch 389 228 99
Lumajang Branch 243 118 69
Madiun Branch 563 352 159
Magetan Branch 392 243 95
Malang Branch 240 133 49
Mojokerto Branch 196 132 101
Nganjuk Branch 317 195 90
Ngawi Branch 593 447 301
Pacitan Branch 261 181 98
Pamekasan Branch 84 46 40
Pare Branch 166 73 22
Pasuruan Branch 309 165 111
Perak Branch 342 165 51
Ponorogo Branch 340 192 38
Probolinggo Branch 202 123 29
Sampang Branch 184 86 34
Sidoarjo Branch 1.082 292 112
Situbondo Branch 198 99 19
Sumenep Branch 136 58 42
Trenggalek Branch 343 183 41
Tuban Branch 767 379 141
Tulungagung Branch 388 254 118
Main Branch 292 128 92
Grand Total 12.822 6.948 2.912
96 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2024
Table of East Java Sharia Agent Network for 2024
Sharia Branch Total Agent
Sharia Branch Surabaya 151
Sharia Branch Kediri 52
Sharia Branch Madiun 26
Sharia Branch Jember 53
Sharia Branch Malang 82
Sharia Branch Sidoarjo 56
Sharia Branch Gresik 75
Total 495
Association
Membership List
As a financial services institution, Bank Jatim joined and was exchange information and provide suggestions/inputs for
active in various associations or institutions that are relevant mutual progress. During 2024, Bank Jatim joined the following
to the Bank’s main business. Thus, the Bank can follow the associations/institutions as follows:
latest developments, issues, or newest topics, as well as
Association Name Year Joined Membership Status
Asosiasi Bank Pembangunan Daerah Jawa Timur/ Association of Regional Development Banks of Member
1993
East Java
Forum Komunikasi Direktur Kepatuhan Perbankan (FKDKP)/ Forum for Communication of Banking Member
2000
Compliance Directors (FKDKP)
Forum Komunikasi Dewan Komisaris BPD Se-Indonesia (FKDK-BPDSI)/ Forum for Communication Member
2002
of Regional Development Bank Commissioners of Indonesia (FKDK-BPDSI)
Asosiasi SWIFT Indonesia (ASWIFTINDO)/ SWIFT Indonesia Association (ASWIFTINDO) 2007 Member
Asosiasi Bank Syariah Indonesia (ASBISINDO)/ Indonesian Sharia Bank Association (ASBISINDO) 2008 Member
Asosiasi Emiten Indonesia (AEI)/ Indonesian Issuers Association (AEI) 2012 Member
FCSR Social Ministry 2016 Member
Forum Komunikasi Industri Jasa Keuangan Daerah (FK-IJKD)/ Forum for Communication of Member
2016
Regional Financial Services Industry (FK-IJKD)
Indonesian Corporate Secretary Association (ICSA) 2019 Member
Asosiasi Bank Kustodian Indonesia (ABKI)/ Indonesian Custodian Bank Association (ABKI) 2019 Member
Badan Musyawarah Perbankan Daerah (BMPD) Jawa Timur/ Musyawarah Regional Banking Agency Member
1975
(BMPD) of East Java
Masyarakat Ekonomi Syariah (MES) Provinsi Jawa Timur/ Sharia Economic Society (MES) of East Administrator
2022
Java Province and Member
Perhimpunan Pedagang Surat Utang (HIMDASUN)/ Indonesian Government Bond Traders Member
2022
Association (HIMDASUN)
Asosiasi Pasar Uang dan Valuta Asing Indonesia (APUVINDO)/ Indonesian Money Market and Administrator
2023
Foreign Exchange Association (APUVINDO) and Member
Asosiasi Sistem Pembayaran Indonesia (ASPI)/ Indonesian Payment System Association (ASPI) 2001 Member
Bank Jatim’s membership in organizations/associations and experience to members of organizations/associations. Bank
had a strategic meaning. The Bank aligned with the latest Jatim did not contribute financially beyond regular membership
developments in the banking world and contributed knowledge fees, including not contributing to politics or politicians.
PT Bank Pembangunan Daerah Jawa Timur Tbk 97
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03 Company
Profile
Organizational
Structure
In line with the Bank’s business development, Bank Jatim’s Organizational Structure has undergone several
changes. Bank Jatim’s Organizational Structure as of December 31, 2024, refers to Board of Directors
Decision No. 061/218/DIR/PRS/KEP dated December 7, 2022. However, there are nomenclature changes in
accordance with the Extraordinary GMS Resolution No. 33 dated December 11, 2024, including: 1) Director
of Micro, Retail, and Medium changed to Director of Micro, Retail, and Sharia Business; 2) Director of IT &
Digital changed to Director of IT, Digital, and Operations; and 3) Director of Operations changed to Director
Sharia Supervisory Board
of Medium Business, Corporate, and Network, and the changes to the Organizational Structure according to
this nomenclature will be implemented as of January 2, 2025. Afifuddin Muhajir (Chairman),
Sukadiono (Member)
Director of Micro Business, Director of Finance, Director of Risk Director of Director of Medium
Retail and Sharia Business Treasury & Global Services Management IT & Digital Business, Corporate
R. Arief Wicaksono Edi Masrianto Eko Susetyono Zulhelfi Abidin & Network
Arif Suhirman
Accounting and
Retail & Medium Information
Corporate Secretary Financial Management Risk Management Operations
Credit Technology
Wioga Adhiarma Aji R. Deni Mahendra Suci Issumiyarti Eko Tri Prasetyo
Firman Iswahyudi M. Handayanto
(Pjs)
Internal Audit Treasury Digital Banking
Micro Credit Analis Risiko Kredit General Affairs
Wardhana R Wahyu M. Machfud Hidayat
Kamiliah (Pjs) Setya Erry Nugraha Herijadi Widodo
Suryaatmaja Tedjasukmana (Pjs) (Pjs)
International Credit Restructuring Product
Banking and Settlement Development
Raden Mas Wahasta Hartadi Nur Eko Ardian
Wahyukusumo (TKK)
Wisnubroto
Credit
IT Security Administration
Syaiful Bakhri Linda Dwi Cipta (Pjs)
Directors SEVP
Conventional/Sharia
Branch Offices
Division Unit
ALCO Committee Risk Management Management Staffing IT Committee
Edi Masrianto Committee Committee Zulhelfi Abidin
(Chairman) Busrul Iman Busrul Iman (Chairman)
(Chairman) (Chairman)
98 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2024
General Meeting
of Shareholders
Board of Commissioners Audit Committee Risk Monitoring Committee
Adhy Karyono (Commissioner), Muhammad Mas’ud
(Independent Commissioner), Sumaryono (Independent
Commissioner), Dadang Setiabudi (Independent Nomination & Remuneration Committee
Commissioner)
President Director
Busrul Iman
Director of
Compliance
Umi Rodiyah
Corporate, Syndication, Network and
and Institutional Consumer Banking Corporate Services
Sharia Business
Koerniawan Hermita (TKK) Transformation Revi Adiana Silawati
Prijambodo (TKK) (TKK)
Corporate
Compliance Sharia Business Network and
Commercial Credit Consumer Credit Human Capital
Putu Denny M. Pramudya Services
and Syndication Agus Sastriono (Pjs) Slamet Purwanto
Hariwidyanta Iskandar Melvin
Mukhlison
Funds and Services Strategic Planning and Subsidiaries
Legal
Yetty Fitria Sharia Support Work Management Management
Mugni Nurachman Suprapto (Pjs) Runita Pri Purwanti Glemboh Priambodo
Policies and
Procedures
Herry Setya
Yudakka
Institutional
Relations
Retno Handayani
Subsidiaries
Credit Policy Product and Network
Committee Committee
Credit Committee
R. Arief Wicaksono Busrul Iman
(Chairman) (Chairman)
The composition of the Board of Commissioners’ Committee members as of December 31, 2024, is as follows:
1. Audit Committee: Sumaryono (Chairman), Muhammad Mas’ud (Member), Dadang Setiabudi (Member), Kusnadi (Member), Muhammad Arifin (Member).
2. Risk Monitoring Committee: Dadang Setiabudi (Chairman), Muhammad Mas’ud (Member), Sumaryono (Member), Sulam Andjar Rochim (Member).
3. Remuneration and Nomination Committee: Muhammad Mas’ud (Chairman), Adhi Karyono (Member), Sumaryono (Member), Dadang Setiabudi
(Member), Yusuf Adnan (Member), Vice President of Human Capital (ex officio).
The names of committee members under the Board of Directors can be found in the Corporate Governance Chapter.
PT Bank Pembangunan Daerah Jawa Timur Tbk 99
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03 Company
Profile
Profile
of The Board of Directors
Busrul Iman
President Director
Citizenship : Indonesian Citizen
Place and Born in Surabaya in 1964,
:
Date of Birth/Age 60 years old as of December 2024.
Domicile : Surabaya, Indonesia
Educational • Bachelor of Economics in Accounting from STIE Indonesia (1986).
Background • Master in Strategic Management from Diponegoro University, Semarang (2005).
• Professional Accountant from the University of Jendral Sudirman, Purwokerto (2007).
• Doctorate in Human Resource Development from Airlangga University (2024).
Certification • Level 1 Risk Management Certification by the Risk Management Certification Agency (2006).
• Level 2 Risk Management Certification by the Risk Management Certification Agency (2008).
• Level 3 Risk Management Certification by the Risk Management Certification Agency (2012).
• Level 4 Risk Management Certification by the Professional Certification Organizing Body (2015).
• Level 5 Risk Management Certification by the Risk Management Certification Agency (2019).
• Maintenance of Risk Management Certification Level 5 by the Risk Management Certification Agency (2023).
• Executive Sharia Banking Training Certification by Muamalat Institute (2023).
• Risk Management Certification Level 7 by the Risk Management Certification Agency (2024).
Work • Head of Meulaboh Branch, Banda Aceh Regional Office PT Bank Rakyat Indonesia (Persero) Tbk (1995-1998).
Experience • Head of Rantau Prapat Branch, Medan Regional Office PT Bank Rakyat Indonesia (Persero) Tbk (1998-2001).
• Head of Tuban Branch Surabaya Regional Office PT Bank Rakyat Indonesia (Persero) Tbk (2001–2004).
• Head of Banjarnegara Branch, Yogyakarta Regional Office PT Bank Rakyat Indonesia (Persero) Tbk (2004–2007).
• Head of Solo Branch, Yogyakarta Regional Office PT Bank Rakyat Indonesia (Persero) Tbk (2007-2009).
• Head of Madiun Branch Malang Regional Office PT Bank Rakyat Indonesia (Persero) Tbk (2009-2010).
• Head of Malang Kawi Branch, Malang Regional Office PT Bank Rakyat Indonesia (Persero) Tbk (2010-2012).
• Deputy Regional Head of Operations for the Palembang Regional Office of PT Bank Rakyat Indonesia (Persero) Tbk (2012-2013).
• Deputy Regional Head of Business Division for the Palembang Regional Office of PT Bank Rakyat Indonesia (Persero) Tbk
(2013-2014).
• Deputy Regional Head of Business Division for the Lampung Regional Office of PT Bank Rakyat Indonesia (Persero) Tbk (2014-2015).
• Head of Credit Restructuring & Settlement Division for Credit Risk Control at Head Office PT Bank Rakyat Indonesia
(Persero) Tbk (2015-2017).
• Head of Malang Regional Office PT Bank Rakyat Indonesia (Persero) Tbk (2017-2018).
• Head of Policy & Human Capital Development Division Head Office PT Bank Rakyat Indonesia (Persero) Tbk (2018-2019).
• Head of Surabaya Regional Office PT Bank Rakyat Indonesia (Persero) Tbk (2019).
• Commercial and Corporate Director of PT Bank Pembangunan Daerah Jawa Timur Tbk (2019 - 2020).
• President Director of PT Bank Pembangunan Daerah Jawa Timur Tbk (2020-present).
Legal Basis of Appointed as Commercial and Corporate Director for the first time at the EGMS of PT Bank Pembangunan Daerah Jawa Timur Tbk
Appointment on June 19, 2019. Passed the Fit and Proper Test and was approved by the Financial Services Authority (OJK) as Commercial and
Corporate Director based on a copy of the decision of the members of the Board of Commissioners of the Service Authority Finance
(OJK) No. KEP-191/D.03/2019 October 11, 2019.
Passed the Fit and Proper Test and was approved by the Financial Services Authority (OJK) as President Director based on a Copy
of the Decision of the Members of the Board of Commissioners of the Financial Services Authority No. Kep-44/D.03/2020 dated
April 30, 2020. Appointed as President Director at the EGMS of PT Bank Pembangunan Daerah Jawa Timur Tbk on July 23, 2020.
Period of Office • 2019 Until the closing of the Annual GMS for Fiscal Year 2020 (First Period).
• 2020 Until the closing of the Annual GMS for Fiscal Year 2024 (Second Period).
Double Function • Chairman of the Asset Liabilities Committee (ALCO) Bank Jatim
• Chairman of the Bank Jatim Risk Management Committee
• Chairman of the Information Technology Steering Committee (ITSC) Bank Jatim
• Chair of the Bank Jatim Credit Policy Committee
• Chairman of the Bank Jatim Product Committee
• Chair of the Bank Jatim Network Committee
• Chairman of the Bank Jatim Personnel Management Committee
• Risk Function Groups on the Credit Committee except Credit Lines to Corporations (as a Business Function Group) Bank Jatim
Bank Jatim
Share 3,651,300 shares
Ownership
100 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2024
Edi Masrianto
Director of Finance, Treasury & Global Services
Citizenship : Indonesian Citizen
Tempat dan Born in Lumajang in 1964,
:
Tahun Lahir/Usia 60 years old as of December 2024.
Domicile : Surabaya, Indonesia
Educational • Bachelor of Management Economics from Jember University (1989).
Background • Master in Agribusiness Management from Gadjah Mada University (2004).
Certification • Advance Methods for Managing Interest Rate & Liquidity Risk oleh Euromoney Training (2004).
• Level 1 Risk Management Certification by the Risk Management Certification Agency (2006).
• Level 2 Risk Management Certification by the Risk Management Certification Agency (2009).
• Level 3 Risk Management Certification by the Banking Professional Certification Institute (2013).
• Risk Management Assessor Certification by BARA (2014).
• Funding Basic Certification by SPPI (2015).
• Treasury Advance Certification by the Banking Professional Certification Institute (2017).
• Level 4 Risk Management Certification by the Banking Professional Certification Institute (2020).
• Level 5 Risk Management Certification by Garp (Global Association of Risk Professionals) Jakarta (2021 ).
• Treasury Dealer Certification by BNSP (2022).
• Risk Management Certification Refreshment by Strategic Risk Management for Banking (SDG) (2023).
• Risk Management Level 7 Alignment by BARA (2024).
Work Experience • Head of Trade Finance Product Development & Marketing - International Division PT Bank Rakyat Indonesia (Persero)
Tbk (2008-2010).
• Head of Treasury Division (Chief Global Market) PT Bank Rakyat Indonesia (Persero) Tbk (2010-2012).
• Deputy Head of Treasury Division PT Bank Rakyat Indonesia (Persero) Tbk (2013-2014).
• Head of International Business Division PT Bank Rakyat Indonesia (Persero) Tbk (2014-2015).
• Head of Treasury Business Division PT Bank Rakyat Indonesia (Persero) Tbk (2015-2018). • Chairman of the Workers
Welfare Foundation PT Bank Rakyat Indonesia (Persero) Tbk (2018-2020).
• Director of Finance and HR of PT Garam Persero (2020-2021).
• Director of Finance, HR & Risk Management of PT Garam Persero (2021-2022).
• Acting President Director of PT Garam Persero (2021-2022).
• Commercial and Corporate Director of PT Bank Pembangunan Daerah Jawa Timur Tbk (2022).
• Director of Finance, Treasury & Global Services PT Bank Rakyat Indonesia (Persero) Tbk (2022 – Present).
Legal Basis of Passed the Fit and Proper Test and was approved by the Financial Services Authority (OJK) as Commercial and Corporate
Appointment Director based on a Copy of the Decision of the Members of the Board of Commissioners of the Financial Services
Authority (OJK) No. KEP-4/D.03/2022 dated January 19, 2022. Appointed as Commercial and Corporate Director for
the first time at the General Meeting of Shareholders (GMS) on March 17, 2022. Based on Deed No. 23 dated December 7,
2022 concerning the Minutes of the Extraordinary General Meeting of Shareholders (GMS) in 2022, there was a change
in the nomenclature of the Board of Directors’ positions from Commercial and Corporate Director to Director of Finance,
Treasury & Global Services.
Period of Office 2022 – Until the closing of the Annual GMS for Fiscal Year 2026 (First Period).
Double Function • Alternate Chair of the Bank Jatim ALCO Committee
• Permanent Member of the Bank Jatim Risk Management Committee
• Member of the Bank Jatim Personnel Management Committee
• Permanent Member of the Bank Jatim IT Committee
• Bank Jatim Credit Committee Business Function Group
• Permanent Member of the Bank Jatim Credit Policy Committee
• Permanent Member of the Bank Jatim Product Committee.
• Head of Capital Investment, Subsidiary Establishment, and Bank Business Group (KUB) Team.
Bank Jatim Share
764,900 shares
Ownership
PT Bank Pembangunan Daerah Jawa Timur Tbk 101
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03 Company
Profile
R. Arief Wicaksono
Director of Micro, Retail & Medium
Citizenship : Indonesian Citizen
Place and Born in Banyuwangi in 1970,
:
Date of Birth/Age 54 years old as of December 2024
Domicile : Surabaya, Indonesia
Educational • Bachelor of Electrical Engineering from the 10 November Institute of Technology (ITS) Surabaya (1996).
Background • Master of Management from Dr Sutomo University (Unitomo) Surabaya (2020).
Certification • Level 1 Risk Management Certification by the Risk Management Certification Agency (2010).
• Level 2 Risk Management Certification by the Risk Management Certification Agency (2010).
• Level 3 Risk Management Certification by the Risk Management Certification Agency (2012).
• Level 4 Risk Management Certification by the Risk Management Certification Agency (2017).
• Level 5 Risk Management Certification by the Risk Management Certification Agency (2021).
• Treasury Dealer Competency Certification (Basic) by Association Cambiste International ACI FMA (2018)
• Treasury Dealer Competency Certification (Intermediate) by Association Cambiste International ACI FMA (2018)
• Treasury Dealer Competency Certification (Advance) by Association Cambiste International ACI FMA (2018)
• Risk Management Certification Level 5 by the Risk Management Certification Agency (2021).
• Equivalence and Alignment of Risk Management Certification Level 7 (2024).
• Treasury Competency Certification (Refreshment Treasury Dealer Level 7) (2024).
Work Experience • Head of Bank Jatim Bondowoso Branch (2015 - 2017).
• Head of Bank Jatim Banyuwangi Branch (2017 - 2018).
• Head of Bank Jatim Treasury Division (2018 - 2018).
• Head of Bank Jatim Information Technology Division (2018 - 2021).
• Head of Bank Jatim Sharia Business Division (2021 - 2022).
• Director of Consumer, Retail and Sharia Business at PT Bank Pembangunan Daerah Jawa Timur Tbk (2022).
• Director of Micro, Retail, and Medium Business at PT Bank Pembangunan Daerah Jawa Timur Tbk (2022 - 2024).
• Director of Micro, Retail, and Sharia Business at PT Bank Pembangunan Daerah Jawa Timur Tbk (December 2024 -
Present).*
Legal Basis of Passed the Fit and Proper Test and was approved by the Financial Services Authority (OJK) as Director of Consumer,
Appointment Retail and Sharia Business based on a Copy of the Decree of the Members of the Board of Commissioners of the Financial
Services Authority (OJK) No. KEP-3/D.03/2022 dated January 19, 2022. Appointed as Director of Consumer, Retail and
Sharia Business for the first time at the General Meeting of Shareholders (GMS) on March 17, 2022. Based on Deed No.
23 dated December 7, 2022 concerning the Minutes of the Extraordinary General Meeting of Shareholders (GMS) Year
2022 of PT Bank Pembangunan Daerah Jawa Timur Tbk, there was a change in the nomenclature of the Board of Directors
position which was originally the Director of Consumer, Retail and Sharia Business to the Director of Micro, Retail and
Medium. Based on Deed No. 33 dated December 11, 2024 concerning the Minutes of the Extraordinary General Meeting of
Shareholders of PT Bank Pembangunan Daerah Jawa Timur Tbk, there was a change in the nomenclature of the position of
the Board of Directors from the Director of Micro, Retail and Medium to the Director of Micro, Retail and Sharia Business*.
Period of Office 2022 – Until the closing of the Annual GMS for Fiscal Year 2026 (First Period)
Double Function • Permanent Member of the ALCO Bank Jatim Committee
• Permanent Member of the Bank Jatim Risk Management Committee
• Member of the Bank Jatim Personnel Management Committee
• Permanent Member of the Bank Jatim IT Committee
• Bank Jatim Credit Committee Business Function Group
• Alternate Chair of the Bank Jatim Credit Policy Committee
• Permanent Member of the Bank Jatim Product Committee
Bank Jatim Share
952.300 shares
Ownership
* Effective as of January 2, 2025, in accordance with the Board of
Directors’ Decree No. 064/05/01/DIR/PSM/KEP dated January 2,
2025, regarding the Organizational Structure and Work Procedures
of PT Bank Pembangunan Daerah Jawa Timur Tbk.
102 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2024
Zulhelfi Abidin
Director of IT and Digital
Citizenship : Indonesian Citizen
Place and Born in Bukittinggi in 1962,
:
Date of Birth/Age 62 years old as of December 2024
Domicile : Surabaya, Indonesia
Educational • Bachelor of Informatics Engineering from the Bandung Institute of Technology (1987).
Background • Master in Computer Science from University of Wollongong Australia (1996)
Certification • Level 1 Risk Management Certification by the Risk Management Certification Agency (2006).
• Executive Overview of Islamic Banking oleh LPPI (2011).
• Banking Risk Management Certification 4th level by LSPP (2012).
• Banking Risk Management Certification 5th level by LSPP (2015).
• Swift International Banking Operation Seminar by Swift International Banking Operation Seminar (2016).
• Executive Leadership Program by Kementrian BUMN (2017).
• Executive Education C-Level Data Analytic - Kellog School Of Management (2019).
• Risk Management Certification Refreshment by Strategic Development Group (2023).
• Risk Management Certification Level 7 by the Risk Management Certification Agency (2024).
Work Experience • Assistant Lecturer and Researcher at the Computer Assisted Instruction Laboratory at the University of Indonesia
Science Center (1987–1990).
• Head of IT Development Division at PT Bank Bukopin (1990–1992).
• System Analyst of the Indonesian Development Bank (1992–1997).
• Head of Information Technology and Information Systems Division of PT. Bank Bukopin (1997–2007).
• President Commissioner of PT Bringin Gigantara (2006 –2012).
• Head of Information Technology and Information Systems Division of PT Bank Rakyat Indonesia (2007 – 2014).
• Commissioner of BRI Syariah (2012–2015).
• Senior Executive Vice President of PT Bank Rakyat Indonesia (2014–2015).
• Director of IT & Operation of PT Bank Rakyat Indonesia (2015–2017).
• Director of Network & IT Solution of PT Telkom Indonesia (2017–2020).
• President Commissioner of PT Sigma Cipta Caraka (2018 –2019).
• President Commissioner of PT Infrastructure Telekomunikasi Indonesia (2019 –2020).
• Senior IT System Advisor PT R17 (2021–2022).
• President Commissioner of PT Digital Prima Sejahtera (2021-2022).
• Director of IT & Digital at PT Bank Pembangunan Daerah Jawa Timur Tbk (2022 - 2024).
• Acting Director of Operations of PT Bank Pembangunan Daerah Jawa Timur Tbk (2022 - 2023).
• Director of IT, Digital & Operations at PT Bank Pembangunan Daerah Jawa Timur Tbk (December 2024 - Present).*
Legal Basis of Passed the Fit and Proper Test and was approved by the Financial Services Authority (OJK) as Director of IT & Digital based
Appointment on a Copy of the Decree of the Members of the Board of Commissioners of the Financial Services Authority (OJK) No. KEP-
185/D.03/2022 dated November 30, 2022. Appointed as Director of IT & Digital for the first time at the Extraordinary
General Meeting of Shareholders of PT Bank Pembangunan Daerah Jawa Timur Tbk on December 7, 2022. Based on Deed
No. 33 dated December 11, 2024 concerning the Minutes of the Extraordinary General Meeting of Shareholders of PT Bank
Pembangunan Daerah Jawa Timur Tbk, there was a change in the nomenclature of the Board of Directors, which was originally
the Director of IT & Digital to the Director of IT, Digital & Operations*.
Period of Office 2022 – Until the closing of the Annual GMS for Fiscal Year 2026 (First Period).
Double Function • Permanent member of the Bank Jatim ALCO Committee
• Permanent member of the Bank Jatim Risk Management Committee
• Member of the Bank Jatim Personnel Management Committee
• Alternate Chair of the Bank Jatim IT Committee
• Bank Jatim Credit Committee Risk Function Group
• Permanent Member of the Bank Jatim Credit Policy Committee
• Alternate Chair of the Bank Jatim Product Committee
Bank Jatim Share
347.800 shares
Ownership
* Effective as of January 2, 2025, in accordance with the Board of Directors’
Decree No. 064/05/01/DIR/PSM/KEP dated January 2, 2025, regarding the
Organizational Structure and Work Procedures of PT Bank Pembangunan Daerah
Jawa Timur Tbk.
PT Bank Pembangunan Daerah Jawa Timur Tbk 103
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03 Company
Profile
Arif Suhirman
Director of Medium Business, Corporate & Network
Citizenship : Indonesian citizen
Place and Born in Kediri in 1966,
:
Date of Birth/Age 58 years old as of December 2024.
Domicile : Surabaya, Indonesia
Educational • Sarjana bidang Ekonomi Akuntansi dari Universitas Brawijaya, Malang (1991).
Background • Master bidang Manajemen dan Bisnis dari Institut Pertanian Bogor (2007).
Certification • Qualified Internal Audit (2000)
• Certified Wealth Manager oleh Certified Wealth Managers Association (2015).
• Qualified Risk Governance Professional (QRGP) by the Professional Certification Institute - Mitra Kalyana Sejahtera
(LSP MKS) (2020).
• Competency Certification Qualification Level 7 in Banking Risk Management (Non-Tiered) from the Professional
Certification Institute for Banking (2024).
Work Experience • Head of Rantau Branch, Banjarmasin Regional Office of PT Bank Rakyat Indonesia (Persero) Tbk (2007-2009).
• Head of Bandung Setiabudi Branch, Bandung Regional Office of PT Bank Rakyat Indonesia (Persero) Tbk (2009-2010).
• Head of Jakarta Cempaka Mas Branch, Jakarta Regional Office 1 of PT Bank Rakyat Indonesia (Persero) Tbk (2010-2011).
• Head of Krekot Branch for Jakarta Region of PT Bank Rakyat Indonesia (Persero) Tbk (2011-2012).
• Head of Bandung Asia Africa Branch of PT Bank Rakyat Indonesia (Persero) Tbk (2012-2013).
• Head of Jakarta Veteran Branch of PT Bank Rakyat Indonesia (Persero) Tbk (2013-2014).
• Deputy Regional Head for Funds and Operations for Jakarta Regional Office 1 of PT Bank Rakyat Indonesia (Persero) Tbk
(2015-2016).
• Deputy Regional Leader for Business Sector for Jakarta Regional Office 1 of PT Bank Rakyat Indonesia (Persero) Tbk
(2016-2017).
• Acting Head of Social Entrepreneurship Division at PT Bank Rakyat Indonesia (Persero) Tbk (2017-2018).
• Acting Head of Institution Division 1 at PT Bank Rakyat Indonesia (Persero) Tbk (2018-2019).
• Head of Special Branch, Special Branch Office of PT Bank Rakyat Indonesia (Persero) Tbk (2019-2020).
• Business Director of PT BRI Asuransi Indonesia (2020-2021).
• Head of Internal Audit at Jayapura Regional Office of PT Bank Rakyat Indonesia (Persero) Tbk (2021-2022).
• Director of Operations at PT Bank Pembangunan Daerah Jawa Timur Tbk (2023 - 2024).
• Director of Medium Business, Corporate & Network at PT Bank Pembangunan Daerah Jawa Timur Tbk (December 2024
- Present).*
Legal Basis of Appointed as Director of Operations for the first time at the Annual GMS for Fiscal Year 2022 on April 12, 2023, and
Appointment effective since passing the fit and proper test by the Financial Services Authority as stipulated in the Decision of the Board
of Commissioners of the Financial Services Authority Number KEPR-132/D.03/2023 dated October 11, 2023. Based on
Deed no. 33 dated December 11, 2024 regarding the Minutes of the Extraordinary General Meeting of Shareholders (GMS)
Year 2024 of PT Bank Pembangunan Daerah Jawa Timur Tbk, there was a change in the nomenclature of the position of
the Board of Directors which was originally the Director of Operations to the Director of Medium Business, Corporation
and Network*.
Period of Office 2023 – Until the closing of the Annual GMS for Fiscal Year 2027 (First Period).
Double Function • Permanent member of the Bank Jatim ALCO Committee
• Permanent member of the Bank Jatim Risk Management Committee
• Member of the Bank Jatim Personnel Management Committee
• Permanent Member of the Bank Jatim IT Committee
• Bank Jatim Credit Committee Risk Function Group
• Permanent Member of the Bank Jatim Credit Policy Committee
• Alternate Chair of the Bank Jatim Product Committee
• Chairman I of the Bank Jatim Network Committee
Bank Jatim Share
819.700 shares
Ownership
* Effective as of January 2, 2025, in accordance with the Board of
Directors’ Decree No. 064/05/01/DIR/PSM/KEP dated January 2,
2025, regarding the Organizational Structure and Work Procedures
of PT Bank Pembangunan Daerah Jawa Timur Tbk.
104 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2024
Eko Susetyono
Director of Risk Management
Citizenship : Indonesian citizen
Place and Born in Jakarta in 1965,
:
Date of Birth/Age 59 years old as of December 2024.
Domicile : Surabaya, Indonesia
Educational • Bachelor’s degree in Food Technology and Nutrition from Institut Pertanian Bogor (1985).
Background • Master’s degree in Corporate Finance and Investment from Washington University (2000).
• S3 Doctoral Program in Management and Business from Bogor Agricultural Institute (2019 - present)
Certification • Intl CWM Program: In-house BRI Batch 1 (2019).
• Banking Risk Management Certification Level 5 (2022).
• Certified in Enterprise Risk Governance (CERG), ERMA Professional Provisions Program (2024).
• General Pension Fund Management Certification (MUDP), Professional Certification Institute for Pension Funds (2024).
Work Experience • AVP Project Office Base II - Credit Risk, PT Bank Rakyat Indonesia (Persero) Tbk (2006-2009).
• AVP Operational Risk Management Dept, PT Bank Rakyat Indonesia (Persero) Tbk (2010-2012).
• AVP Market, Liquidity, and Enterprise Risks, PT Bank Rakyat Indonesia (Persero) Tbk (2012-2017).
• VP Operational, Market, and Liquidity Risk Management, PT Bank Rakyat Indonesia (Persero) Tbk (2017-2019).
• SEVP Risk Management PT Pegadaian (Persero) (2019 - 2022)
• Director of Risk Management, PT Bank Pembangunan Daerah Jawa Timur Tbk (2022 – Present).
Legal Basis of Passed the Fit and Proper Test and was approved by the Financial Services Authority (OJK) as Director of Risk Management
Appointment based on a Copy of the Decree of the Members of the Board of Commissioners of the Financial Services Authority (OJK)
No. KEP-184/D.03/2022 dated November 30, 2022. Appointed as Director of Risk Management for the first time at the
Extraordinary General Meeting of Shareholders (EGMS) on December 7, 2022.
Period of Office 2022 – Until the Conclusion of the 2026 Annual General Meeting of Shareholders (First Term).
Double Function • Permanent Member of the ALCO Committee, Bank Jatim.
• Acting Chair of the Risk Management Committee, Bank Jatim.
• Member of the Personnel Management Committee, Bank Jatim.
• Permanent Member of the IT Committee, Bank Jatim.
• Risk Function Group of the Credit Committee, Bank Jatim.
• Non-Permanent Member of the Credit Policy Committee, Bank Jatim.
• Permanent Member of the Product Committee, Bank Jatim.
Bank Jatim Share
446,800 shares.
Ownership
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Umi Rodiyah
Director of Compliance
Citizenship : Indonesian citizenship
Place and Born in Probolinggo in 1966,
:
Date of Birth/Age 58 years old as of December 2024.
Domicile : Surabaya, Indonesia
Educational Bachelor’s degree in Public Administration from Universitas Brawijaya, Malang (1991).
Background
Certification • Risk Management Certification Level 1 by the Risk Management Certification Agency (2006).
• Risk Management Certification Level 2 by the Risk Management Certification Agency (2007).
• Risk Management Certification Level 3 by the Risk Management Certification Agency (2008).
• Mutual Fund Sales Representative Certification by APERDI (2014).
• Risk Management Certification Level 4 by the Risk Management Certification Agency (2017).
• General Banking Certification Level 3 by the Indonesian Banking Development Institute (2019).
• Risk Management Certification Level 5 by the Risk Management Certification Agency (2022).
• Risk Management Certification Refreshment by TD Consulting (2023).
• Risk Management Certification Level 7 by the Risk Management Certification Agency (2024).
Work Experience • Branch Head of Perak Branch, PT Bank Pembangunan Daerah Jawa Timur Tbk (2010-2015).
• Corporate Secretary, PT Bank Pembangunan Daerah Jawa Timur Tbk (2017-2018).
• Head of Institutional Relations Division, PT Bank Pembangunan Daerah Jawa Timur Tbk (2018-2020).
• Head of Funding & Services Division, PT Bank Pembangunan Daerah Jawa Timur Tbk (2020-2021).
• Corporate Secretary, PT Bank Pembangunan Daerah Jawa Timur Tbk (2021-2022).
• Head of Treasury Division, PT Bank Pembangunan Daerah Jawa Timur Tbk (2022-2023).
• SEVP of Sharia Business, PT Bank Pembangunan Daerah Jawa Timur Tbk (2023-2024).
• Director of Compliance, PT Bank Pembangunan Daerah Jawa Timur Tbk (2024 – present).
Legal Basis of Appointed as Director of Compliance at the General Meeting of Shareholders (GMS) on February 7, 2024, and subsequently
Appointment approved by the Financial Services Authority (OJK) following a successful Fit and Proper Test, as per OJK’s Decision No.
KEPR-38/D.03/2024 dated July 1, 2024.
Period of Office 2024 – Until the closing of the Annual GMS for the 2028 Fiscal Year (First Term).
Double Function • Permanent Member of the ALCO Committee of Bank Jatim.
• Permanent Member of the Credit Policy Committee of Bank Jatim.
• Member of the Human Resources Management Committee of Bank Jatim.
• Permanent Member of the Risk Management Committee of Bank Jatim.
• Permanent Member of the Product Committee of Bank Jatim.
Bank Jatim Share
508,500 shares.
Ownership
106 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Tonny Prasetyo*
Director of Compliance
Citizenship : Indonesian citizen
Place and Born in Malang in 1969,
:
Date of Birth/Age 55 years old as of December 2024.
Domicile : Mojokerto, Indonesia
Educational • Bachelor of Agriculture from Darul Ulum University, Jombang (1995).
Background • Master in Management from Dr. Soetomo, Surabaya (2019)
Certification • Level 1 Risk Management Certification by the Risk Management Certification Agency (2007).
• Level 2 Risk Management Certification by the Risk Management Certification Agency (2009).
• Level 3 Risk Management Certification by the Risk Management Certification Agency (2011).
• Level 4 Risk Management Certification by the Risk Management Certification Agency (2017).
• General Banking Level 3 by the Banking Professional Certification Institute (2018).
• Level 5 Risk Management Certification by the Risk Management Certification Agency (2019).
• General Banking Level 3 by the Banking Professional Certification Institute (2022).
• Refreshment of General Banking Level III by the Indonesian Banking Development Institute (2022).
Work Experience • Situbondo Branch Manager of PT Bank Pembangunan Daerah Jawa Timur Tbk (2012).
• Situbondo Branch Manager of PT Bank Pembangunan Daerah Jawa Timur Tbk (2013).
• Head of Blitar Branch of PT Bank Pembangunan Daerah Jawa Timur Tbk (2013–2014).
• Head of the Kediri Branch of PT Bank Pembangunan Daerah Jawa Timur Tbk (2014).
• Head of Loans at Main Branch PT Bank Pembangunan Daerah Jawa Timur Tbk (2014–2015).
• Head of Sharia Business Division at PT Bank Pembangunan Daerah Jawa Timur Tbk (2015).
• Head of General Division of PT Bank Pembangunan Daerah Jawa Timur Tbk (2015–2016).
• Director of IT and Operations at PT Bank Pembangunan Daerah Jawa Timur Tbk (2019 – 2022).
• Director of Operations PT Bank Pembangunan Daerah Jawa Timur Tbk (2022)
• Acting Director of Compliance at PT Bank Pembangunan Daerah Jawa Timur Tbk (2022 – 2023).
• Director of Compliance at PT Bank Pembangunan Daerah Jawa Timur Tbk (2023 – 2024).
Legal Basis of Appointed as Director of IT and Operations for the first time at the General Meeting of Shareholders (GMS) of PT Bank
Appointment Pembangunan Daerah Jawa Timur Tbk on June 19, 2019, Passed the Fit and Proper Test and was declared effective by the
Financial Services Authority (OJK) as Director of Information Technology and Operations based on the Decree of Members
of the Board of Commissioners of the Financial Services Authority (OJK) No. KEP-190/D.03/2019 October 11, 2019. Then
he was appointed Director of Operations based on the Extraordinary General Meeting of Shareholders (EGMS) of PT Bank
Pembangunan Daerah Jawa Timur Tbk on December 7 2022. Based on the Decree of the Board of Commissioners No.
061/10/DKM/KEP dated December 13, 2022, he was appointed as temporary replacement for Compliance Director. Based
on the Annual General Meeting of Shareholders for the 2022 Fiscal Year dated April 12, 2023, he was appointed as Director
of Compliance, and based on the Decree of the Board of Commissioners Number 062/02/DKM/KEP dated April 12, 2023,
concerning the Appointment of a Temporary Replacement and Division of Duties of the Directors of PT Bank Pembangunan
Daerah East Java Tbk, he was appointed as a temporary replacement for the Compliance Director. He served as Compliance
Director effective since passing the fit and proper test by the Financial Services Authority on May 26, 2023.
Period of Office 2019 – Until the closing of the Annual GMS for Fiscal Year 2023 (First Period).
Double Function Do not have concurrent positions, either as a member of the Board of Commissioners, member of the Board of Directors,
and/or member of the committee and other positions both inside and outside the Issuer or Public Company.
Bank Jatim Share
1.067.400 shares
Ownership
* Stopped serving as of February 07, 2024.
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Affiliate Relations of Members of The Board of Directors
Table of Directors Affiliation Relations
Financial Relations, Family and Board of Directors Management
Financial Relations With Family Relations With
Management
Relations
Board of Controlling Board of Controlling
Name Position Directors Directors
Commissioners Shareholder* Commissioners Shareholder*
Yes No Yes No Yes No Yes No Yes No Yes No Yes No
President
Busrul Iman √ √ √ √ √ √ √
Director
Director of Finance,
Edi
Treasury & Global √ √ √ √ √ √ √
Masrianto
Services
Director of Micro,
R. Arief
Retail & Medium √ √ √ √ √ √ √
Wicaksono
Enterprises
Eko Director of Risk
√ √ √ √ √ √ √
Susetyono Management
Zulhelfi Director of IT &
√ √ √ √ √ √ √
Abidin Digital
Arif Director of
√ √ √ √ √ √ √
Suhirman Operations
Director of
Umi Rodiyah √ √ √ √ √ √ √
Compliance
Tonny Director of
Prasetyo** Compliance
* Direct and Indirect
** Stopped serving as of February 17, 2024
Education and/or Training of The Board of Directors
The description of the education and/or training of the board of Directors Fiscal Year is presented in the Chapter of Corporate
Governance.
Changes in The Composition of The Members of The Board of Directors
and The Reasons for The Changes
During 2023, there was a change in the composition of the members of the Board of Directors. Changes in the composition of
members of the Board of Directors were made based on the needs of the Bank. Changes in the composition of the members of the
Board of Directors are as follows:
Composition of The Board of Directors Before The 2023 Annual GMS
The composition of the Board of Directors of Bank Jatim before the 2023 Annual GMS consisted of 7 (seven) members, comprising
1 (one) President Director and 6 (six) Directors. The composition and basis of appointment of the Board of Directors can be seen in
the table below:
108 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Table of Composition of The Board of Directors Before The 2023 Annual GMS
Name Position Executor Legal Basis of Appointment Effective date
Extraordinary General Meeting of Shareholders
Busrul Iman President Director OJK July 23, 2020
on July 23, 2020
Annual General Meeting of Shareholders on April
Tonny Prasetyo Director of Compliance OJK May 26, 2023
12, 2023
Director of Finance, Treasury & Annual General Meeting of Shareholders on
Edi Masrianto OJK January 19, 2022
Global Services March 17, 2022
Director of Micro, Retail & Annual General Meeting of Shareholders on
R. Arief Wicaksono OJK January 19, 2022
Medium Enterprises March 17, 2022
Extraordinary General Meeting of Shareholders
Zulhelfi Abidin Director of IT & Digital OJK November 30, 2022
on December 7, 2022
Extraordinary General Meeting of Shareholders
Eko Susetyono Director of Risk Management OJK November 30, 2022
on December 7, 2022
Annual General Meeting of Shareholders on April
Arif Suhirman Director of Operations OJK October 11, 2023
12, 2023
Board of Directors Composition After The Annual GMS for The 2023 Fiscal Year
On February 7, 2024, the Annual General Meeting of Thus, the composition of Bank Jatim’s Board of Directors after
Shareholders (AGMS) for the 2023 Financial Year decided: the AGMS for the 2023 Financial Year consists of 7 (seven)
1. To dismiss Tonny Prasetyo as the Bank’s Compliance members, comprising 1 (one) President Director and 6 (six)
Director. Directors. The composition and basis of appointment of the
2. To approve and appoint Umi Rodiyah as the Bank’s Board of Directors can be seen in the table below:
Compliance Director.
Table of Composition and Basis of Appointment of the Board of Directors After the AGMS for the 2023 Financial Year
Name Position Executor Legal Basis of Appointment Effective date
Extraordinary General Meeting of
Busrul Iman President Director OJK July 23, 2020
Shareholders on July 23, 2020
Director of Finance, Treasury & Annual General Meeting of Shareholders on
Edi Masrianto OJK January 19, 2022
Global Services March 17, 2022
Director of Micro, Retail & Annual General Meeting of Shareholders on
R. Arief Wicaksono OJK January 19, 2022
Medium Enterprises March 17, 2022
Extraordinary General Meeting of
Zulhelfi Abidin Director of IT & Digital OJK November 30, 2022
Shareholders on December 7, 2022
Extraordinary General Meeting of
Eko Susetyono Director of Risk Management OJK November 30, 2022
Shareholders on December 7, 2022
Annual General Meeting of Shareholders on
Arif Suhirman Director of Operations OJK October 11, 2023
April 12, 2023
Annual General Meeting of Shareholders on
Umi Rodiyah Director of Compliance OJK July 1, 2024
February 7, 2024
Composition of Directors After The 2024 Extraordinary GMS
On December 11, 2024, the Extraordinary GMS decided:
1. Approve the change in the nomenclature of the Bank’s management, namely the Board of Directors:
Old Nomenclature New Nomenclature
President Director President Director
Micro, Retail and Medium Director Micro Business, Retail & Sharia Business Director
Risk Management Director Risk Management Director
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Old Nomenclature New Nomenclature
IT & Digital Director IT, Digital & Operational Director
Operational Director Medium Business, Corporate & Network Director
Finance, Treasury & Global Service Director Finance, Treasury & Global Service Director
Compliance Director Compliance Director
New Nomenclature Name
President Director Busrul Iman
Micro Business, Retail & Sharia Business Director R. Arief Wicaksono
Risk Management Director Eko Susetyono
IT, Digital & Operational Director Zulhelfi Abidin
Medium Business, Corporate & Network Director Arif Suhirman
Finance, Treasury & Global Service Director Edi Masrianto
Compliance Director Umi Rodiyah
The composition of the Board of Directors of Bank Jatim after the 2023 Annual GMS is 7 (seven) people consisting of 1 (one) President
Director and 6 (six) Directors. The composition and basis for the appointment of the Board of Directors can be seen in the table below:
Table of Composition and Basis for Appointment of the Board of Directors After the Annual GMS for the 2023 Fiscal Year
Name Position Executor Basis of Appointment Effective date
Busrul Iman President Director OJK Extraordinary GMS on July 23, 2020 July 23, 2020
Edi Masrianto Finance, Treasury & Global OJK Annual GMS on March 17, 2022 January 19, 2022
Service Director
R. Arief Wicaksono Micro Business, Retail & Sharia OJK Annual GMS on March 17, 2022 January 19, 2022
Business Director
Zulhelfi Abidin IT, Digital & Operational Director OJK Extraordinary GMS on December 7, 2022 November 30, 2022
Eko Susetyono Risk Management Director OJK Extraordinary GMS on December 7, 2022 November 30, 2022
Arif Suhirman Medium Business, Corporate & OJK Annual GMS on April 12, 2023 October 11, 2023
Network Director
Umi Rodiyah Compliance Director OJK Annual GMS on February 7, 2024 July 1, 2024
110 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Profile
of The Board of Commissioners
Muhammad Mas’ud
Independent Commissioner
Citizenship : Indonesian Citizen
Place and Born in Sidoarjo in 1964,
:
Date of Birth/Age 60 years old as of December 2024.
Domicile : Malang, Indonesia
Educational • Bachelor’s degree in State Administration from Brawijaya University, Malang (1989).
Background • Master in Management from Muhammadiyah University, Malang (1997).
• Doctor of International Politics from Flinders University, Adelaide Australia (2005
Certification • Exam Level - 1 Risk Management Certification Program (2019).
• Level 1 Risk Management Certification Training (2019).
• Risk Management Certification Training Level – 2 (2019).
• Exam Level - 2 Risk Management Certification Program (2019).
• Risk management certification refreshment program (2022).
• Risk Management Certification Alignment Program for Directors and Boards of Commissioners of Commercial Banks
(2024).
• Qualification Certification Level 6 without tiers in Banking Risk Management (2024).
Work Experience • Assistant to the Presidential Special Staff for Regional Development and Regional Autonomy (2011–2014).
• Chairman of the Malang City Regional Research Council (2013-2016).
• Member of the Batu Mayor’s Expert Team (2015-2016).
• Special Staff of the Minister of Social Affairs for Human Resources Development and Ministry Programs (2015–2018).
• Member of the Kediri Regency Development Acceleration and Control Team (2016-present).
• Chairman of the Regional Research Council Kab. Bojonegoro (2019 - present)
• Postgraduate Director of the Islamic University of Malang (2018-present).
• Independent Commissioner of PT Bank Pembangunan Daerah Jawa Timur Tbk (2019-present)
Legal Basis of Appointed as Independent Commissioner for the first time at the Extraordinary General Meeting of Shareholders (EGMS)
Appointment of PT Bank Pembangunan Daerah Jawa Timur Tbk. on June 19, 2019, Passed the Fit and Proper Test and declared effective
by the Financial Services Authority (OJK) as an Independent Commissioner based on a copy of the Decree of the Members
of the Board of Commissioners of the Financial Services Authority (OJK) No. KEP-187/D.03/2019 Dated October 11, 2019
until the Closing of the 2022 annual GMS held in 2023. Reappointed as Independent Commissioner for the second time
at the Annual General Meeting of Shareholders of PT Bank Pembangunan Daerah Jawa Timur Tbk. Fiscal Year 2022 on
April 12, 2023.
Period of Office • 2019 – Until the closing of the Annual GMS for Financial Year 2022 (First Period).
• 2023 – Until the closing of the annual GMS for the 2026 financial year (Second Period).
Double Function • Director of Postgraduate Program of Islamic University of Malang (2018-present).
• Chairman of Bank Jatim Remuneration & Nomination Committee.
• Member of Bank Jatim Risk Monitoring Committee.
• Member of Bank Jatim Audit Committee.
Bank Jatim Share
Do not have shares in Bank Jatim
Ownership
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Adhy Karyono
Commissioner
Citizenship : Indonesian Citizen
Place and Born in Cirebon in 1971,
:
Date of Birth/Age 53 years old as of December 2024.
Domicile : Surabaya, Indonesia
Educational • Bachelor of Politics from Garut College of Social and Political Sciences (1996).
Background • Master of Public Administration from National Institute of Public Administration (LAN), Jakarta (2012).
Certification Management Program for Prospective Commissioners, LPPI (2023).
Work Experience • Head of Monitoring and Evaluation Section at the Sub-Directorate for Preparedness and Mitigation of the BSKBA
Directorate, Directorate General of Social Protection and Security, Ministry of Social Affairs of the Republic of Indonesia
(2006-2007)
• Head of the Standardization and Technical Guidance Section at the Sub-Directorate of Preparedness and Mitigation of
the BSKBA Directorate, Directorate General of Social Protection and Security, Ministry of Social Affairs of the Republic
of Indonesia (2007-2008)
• Head of the Standardization and Technical Guidance Section at the Emergency Response Sub-Directorate of the BSKBA
Directorate, Directorate General of Social Protection and Security, Ministry of Social Affairs of the Republic of Indonesia
(2008-2009).
• Head of Sub-Directorate for Preparedness and Mitigation of the BSKBA Directorate, Directorate General of Social
Protection and Security, Ministry of Social Affairs of the Republic of Indonesia (2009-2010).
• Head of Program and Information Division of the Secretariat of the Directorate General of Social Protection and
Security, Ministry of Social Affairs of the Republic of Indonesia (2010-2011).
• Head of Program and Reporting Division of the Secretariat of the Directorate General of Social Protection and Security,
Ministry of Social Affairs of the Republic of Indonesia (2011-2016).
• Director of Social Protection for Natural Disaster Victims (PSKBA) Directorate General of Social Protection and Security,
Ministry of Social Affairs of the Republic of Indonesia (2016-2017).
• Head of Planning Bureau of the Secretariat General, Ministry of Social Affairs of the Republic of Indonesia (2017-2020)
• Expert Staff of the Minister for Change and Social Dynamics of the Republic of Indonesia (2020-2022).
• Regional Secretariat, East Java Government (2022-present).
• Commissioner of PT Bank Pembangunan Daerah Jawa Timur Tbk (2023-present).
Legal Basis of Appointed as Commissioner for the first time at the Annual General Meeting of Shareholders for Fiscal Year 2022 on
Appointment April 12, 2023, and was declared effective after passing the fit and proper test by the Financial Services Authority as
Commissioner based on Decision of Members of the Board of Commissioners of the Financial Services Authority Number
KEPR-151/D. 03/2023 dated November 24, 2023.
Period of Office 2023 – Until the closing of the Annual GMS for the 2026 Financial Year (First Period).
Double Function Member of Bank Jatim Remuneration & Nomination Committee.
Bank Jatim Share
Do not have shares in Bank Jatim
Ownership
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Sumaryono
Komisaris Independen
Citizenship : Indonesian citizen
Place and Born in Blitar in 1960,
:
Date of Birth/Age age 64 as of December 2024.
Domicile : Malang, Indonesia
Educational Bachelor of Business Administration from Brawijaya University (1979)
Background
Certification • Risk management certification refreshment program (2022)
• Risk Management Certification Alignment Program for Directors and Board of Commissioners of Commercial Banks
(2024).
• Qualification Certification Level 6 without tiers in Banking Risk Management (2024)
Work Experience • Head of BRI Gunungsitoli Branch (2005-2007).
• Head of BRI Kelapa Gading Branch (2007-2009).
• Head of BRI Jakarta City Branch (2009-2012).
• BRI Branch Manager Jakarta Veteran (2012-2013).
• Deputy Regional Head of BRI Regional Office Jakarta 1 (2013-2016).
• Regional Head of BRI Pekanbaru Regional Office (2016).
• President Director of PT BSM Broker Asuransi (2018-2019).
• Independent Commissioner of PT Regional Development Bank East Java Tbk (2022-present).
Legal Basis of Appointed as Independent Commissioner for the first time at the annual General Meeting of Shareholders (GMS) of
Appointment PT Bank Pembangunan Daerah Jawa Timur Tbk. financial year 2021 March 17, 2022. Passed the Fit and Proper Test and
was declared effective by the Financial Services Authority as President Commissioner based on a copy of the Decree of
Members of the Board of Commissioners of the Financial Services Authority (OJK) Number KEP-6/D.03/2022 dated
January 19, 2022.
Period of Office 2022 – Until the closing of the Annual GMS for Financial Year 2025 (First Period).
Double Function • Chairman of Bank Jatim Audit Committee.
• Member of Bank Jatim Risk Monitoring Committee.
• Member of Bank Jatim Remuneration & Nomination Committee.
Bank Jatim Share
Do not have shares in Bank Jatim
Ownership
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Dadang Setiabudi
Independent Commissioner
Citizenship : Warga Negara Indonesia
Place and Born in Cimahi in 1962,
:
Date of Birth/Age 62 years old as of December 2024.
Domicile : Jakarta
Educational • Bachelor of Accounting, Padjadjaran University (1987)
Background • Master of Agribusiness, Bogor Agricultural Institute (1999)
Certification Qualification Certification Level 7 in Banking Risk Management (2024)
Work Experience • Director of Information Technology BPJS Kesehatan (2014-2016)
• SEVP of Information Technology & Digital Banking PT Bank Negara Indonesia (Persero) Tbk (2016-2018)
• Director of Information Technology & Operations PT Bank Negara Indonesia (Persero) Tbk (2018-2020)
• Associate Director PT Torres Global Konsultan (2021-2023)
• Assessor of the Banking Professional Certification Institute (2023-2024)
• Independent Commissioner PT Bank Pembangunan Daerah Jawa Timur Tbk (2024-present).
Legal Basis of Appointed as Independent Commissioner for the first time at the 2024 Extraordinary General Meeting of Shareholders
Appointment (EGMS) of PT Bank Pembangunan Daerah Jawa Timur Tbk. on September 26, 2024. Passed the Fit and Proper Test and was
declared effective by the Financial Service Authority as an Independent Commissioner based on a Copy of the Decision
of the Members of the Board of Commissioners of the Financial Service Authority Number KEPR-133/D.03/2024 dated
November 4, 2024.
Period of Office 2024 until the closing of the Annual GMS for the 2027 Financial Year (First Period).
Double Function • Chairman of the Risk Monitoring Committee of Bank Jatim.
• Member of the Audit Committee of Bank Jatim.
• Member of the Remuneration & Nomination Committee of Bank Jatim.
Bank Jatim Share
Does not hold shares in Bank Jatim
Ownership
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Candra Fajri Ananda*
Independent Commissioner
Citizenship : Warga Negara Indonesia
Place and Born in Lumajang in 1964,
:
Date of Birth/Age 60 years old as of December 2024
Domicile : Batu, Malang Indonesia
Educational • Bachelor of Economics from Brawijaya University (1988).
Background • Master (MSc.) Institute of Rural Development from University of Gottingen, Germany (1994).
• Doctor (Ph.D) Institute of Rural Development from University of Göttingen, Germany (1998).
Certification • Provision and reinforcement of the preparation for the Fit and Proper Test for Independent Commissioner candidates
held by Sustainable Development Goals (2018).
• Commissioner Risk Management Certification Level 2 held by the Risk Management Certification Body on (2018).
• Risk management certification refreshment program (2022).
Work Experience • Public Sector Development Consultant in Post-Conflict Areas, World Bank (2003-2004).
• Regional Planning Advisory Board, East Java (2003-2012).
• Member of TADF (Fiscal Decentralization Assistance Team of the Ministry of Finance), Ministry of Finance (2008-2014).
• Chairman of the Indonesian Economists Association Malang (2010-present).
• Dean of the Faculty of Economics and Business, Brawijaya University (2013-2017).
• Lecturer of KPS S2, KPS S3 Faculty of Economics and Business, Brawijaya University (1989 - present).
• Independent Commissioner of PT Bank Pembangunan Daerah Jawa Timur Tbk (2018-2024).
• Special Staff to the Ministry of Finance of the Republic of Indonesia (2019-present).
Legal Basis of Appointed as Independent Commissioner for the first time at the Annual General Meeting of Shareholders (GMS) of
Appointment PT Bank Pembangunan Daerah Jawa Timur Tbk. for the 2017 Financial Year on February 20, 2018. Passed the Fit and
Proper Test and was declared effective by the Financial Service Authority (OJK) as an Independent Commissioner based
on a Copy of the Decision of the Members of the Board of Commissioners of the Financial Service Authority (OJK) No.
KEP-153/D.03/2018 dated September 18, 2018, until the Closing of the 2020 Annual GMS held in 2021. Appointed for
the second time at the Annual General Meeting of Shareholders (GMS) for the 2020 Financial Year held on May 3, 2021
(Second Period).
Period of Office • 2018 – Until the closing of the Annual General Meeting of Shareholders for the Financial Year 2020 (First Period).
• 2021 – Until the closing of the Annual General Meeting of Shareholders for the Financial Year 2023 (Second Period).
Double Function • Lecturer of KPS S2, KPS S3 Faculty of Economics and Business, Brawijaya University.
• Special Staff to the Ministry of Finance of the Republic of Indonesia.
• Chairman of the Risk Monitoring Committee of Bank Jatim.
• Member of the Audit Committee of Bank Jatim.
• Member of the Remuneration & Nomination Committee of Bank Jatim.
Bank Jatim Share
Does not hold shares in Bank Jatim
Ownership
* Stopped serving in his position as Independent Commissioner
at the 2023 Annual GMS on February 7, 2024.
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Affiliate Relations of Members of The Board of Commissioners
Table of Affiliation of the Board of Commissioners
Financial Relations, Family and Board of Commissioners
Financial Relations With Family Relations With
Management
Relation
Board of Controlling Board of Controlling
Name Position Directors Directors
Commissioners Shareholders* Commissioners Shareholders*
Yes No Yes No Yes No Yes No Yes No Yes No Yes No
Adhy Karyono Commissioner √ √ √ √ √ √ √
Muhammad Independent
√ √ √ √ √ √ √
Mas’ud Commissioner
Independent
Sumaryono √ √ √ √ √ √ √
Commissioner
Dadang Independent
√ √ √ √ √ √ √
Setiabudi Commissioner
Candra Fajri Independent
√ √ √ √ √ √ √
Ananda** Commissioner
* Direct and Indirect
** Stopped serving in his position as Independent Commissioner at the 2023 Annual GMS on February 7, 2024
Education and/or Training of The Board of Commissioners
A description of the education and/or training of the Board of Commissioners Fiscal Year is presented in the Corporate Governance
Chapter.
Changes in the Composition of The Board of Commissioners and The Reasons for The
Changes
During 2024, there was a change in the composition of the members of the Board of Commissioners. Changes in the composition of
the members of the Board of Commissioners were made based on the needs of the Bank. Changes in the composition of the members
of the Board of Commissioners are as follows:
Composition of The Board of Commissioners Before The 2023 Annual GMS
The composition of the Board of Commissioners before the 2023 Annual GMS is 4 (four) people consisting of 3 (three) Independent
Commissioners and 1 (one) Commissioner. The composition and basis for the appointment of the Board of Commissioners can be
seen in the table below.
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Table of Composition and Basis for Appointment of the Board of Commissioners before the 2023 Annual GMS
Name Position Executor Basis of Appointment Effective Date
Annual General Meeting of Shareholders on
Adhy Karyono Commissioner OJK November 24, 2023
April 12, 2023
Independent Annual General Meeting of Shareholders on
Candra Fajri Ananda OJK September 21, 2018
Commissioner February 20, 2018
Independent - Extraordinary GMS on July 19, 2019
Muhammad Mas’ud OJK October 11, 2019
Commissioner - Annual GMS on April 12, 2023
Independent Annual General Meeting of Shareholders on
Sumaryono OJK January 19, 2022
Commissioner March 17, 2022
Composition of The Board of Commissioners After The 2023 Annual GMS
On February 7, 2024, the 2023 Annual GMS decided to honorably after the 2023 Annual GMS is 3 (three) people consisting of 2
dismiss the late Suprajarto as President Commissioner and (two) Independent Commissioners and 1 (one) Commissioner.
Candra Fajri Ananda as Independent Commissioner of the Bank. The composition and basis for the appointment of the Board of
Therefore, the composition of the Board of Commissioners Commissioners can be seen in the table below.
Table of Composition and Basis for Appointment of the Board of Commissioners after the 2023 Annual GMS
Name Position Executor Basis of Appointment Effective Date
Annual General Meeting of Shareholders on
Adhy Karyono Commissioner OJK November 24, 2023
April 12, 2023
Independent - Extraordinary GMS on July 19, 2019
Muhammad Mas’ud OJK October 11, 2019
Commissioner - Annual GMS on April 12, 2023
Independent Annual General Meeting of Shareholders on
Sumaryono OJK January 19, 2022
Commissioner March 17, 2022
Composition of The Board of Commissioners After The 2024 Extraordinary GMS
On September 26, 2024, the Extraordinary GMS decided people consisting of 3 (three) Independent Commissioners
to approve and appoint Dadang Setiabudi as the Bank’s and 1 (one) Commissioner. The composition and basis for the
Independent Commissioner. Therefore, the composition of the appointment of the Board of Commissioners can be seen in the
Board of Commissioners after the 2023 Annual GMS is 4 (four) table below.
Table of Composition and Basis for Appointment of the Board of Commissioners after the 2023 Annual GMS
Name Position Executor Basis of Appointment Effective Date
Annual General Meeting of Shareholders on
Adhy Karyono Commissioner OJK November 24, 2023
April 12, 2023
Independent - Extraordinary GMS on July 19, 2019
Muhammad Mas’ud OJK October 11, 2019
Commissioner - Annual GMS on April 12, 2023
Independent Annual General Meeting of Shareholders on
Sumaryono OJK January 19, 2022
Commissioner March 17, 2022
Independent
Dadang Setiabudi OJK Extraordinary GMS on September 26, 2024 04 November 2024
Commissioner
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Profil
Dewan Pengawas Syariah
Afifuddin Muhajir
Chairman of the Sharia Supervisory Board
Citizenship : Indonesian citizen
Place and Born in Sampang in 1955,
:
Date of Birth/Age 69 years old as of December 2024.
Domicile : Situbondo, Indonesia
Educational • Bachelor’s degree in Tafsir Hadith from Ibrahimy University (UNIB) (1980).
Background • Masters in Islamic Law at UNISMA Malang (2001).
• Doctor Honoris Causa (Dr HC) in the field of Fiqh/Ushul Fiqh at UIN Walisongo Semarang (2021).
Certification • Training for Sharia Supervisory LKS by DSN-MUI Institute Jakarta (2019).
• LSP Sharia Supervisory Board Certification by DSN-MUI Institute Jakarta (2019)
• LSP Sharia Supervisory Board Certification by DSN-MUI Institute Jakarta (2022)
Work Experience • Lecturer at the Faculty of Sharia, Ibrahimy University (UNIB) (1985–present).
• Lecturer at Ma’had Pondok Pesantren Salafiyah Syafi’iyah Sukorejo Situbondo (1990–present).
• Khatib Syuriah of the Nahdlatul Ulama Executive Board (2010–2015).
• Chairman of the Salafiyah Syafi’iyah Sukorejo Islamic Boarding School Foundation (2010–present).
• Naib Mudir of Ma’had Aly, Salafiyah Syafi’iyah Sukorejo Islamic Boarding School (2016–2021).
• Member of the Ma’had Aly Supreme Council (2018–2022).
• Rais Syuriah of the Nahdlatul Ulama Executive Board (2019–2020).
• Chairman of the Sharia Supervisory Board of PT Bank Pembangunan Daerah Jawa Timur Tbk (2019–present).
• Deputy Rais Aam of the Nahdlatul Ulama Executive Board (2022–present).
Legal Basis of Appointed as the Chairman of the Sharia Supervisory Board for the first time at the Annual General Meeting of Shareholders
Appointment (GMS) of PT Bank Pembangunan Daerah Jawa Timur Tbk. 2018 Financial Year on April 26, 2019. Then, he was reappointed
as the Member of the Sharia Supervisory Board for the second time at the 2022 Annual General Meeting of Shareholders
(GMS) of PT Bank Pembangunan Daerah Jawa Timur Tbk on April 12, 2023.
Period of Office • 2019 - Until the closing of the 2022 Annual GMS (First Period).
• 2023 - Until the closing of the 2026 Annual GMS (Second Period).
Double Function • Lecturer of the Sharia Faculty of Ibrahimy University (UNIB) (1985-present).
• Lecturer of Ma’had Islamic Boarding School Salafiyah Syafi’iyah Sukorejo Situbondo (1990-present).
• Chairman of the Salafiyah Syafi’iyah Islamic Boarding School Foundation Sukorejo Situbondo (2010-present)
Bank Jatim Share
Do not have shares in Bank Jatim
Ownership
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Sukadiono
Member of the Sharia Supervisory Board
Citizenship : Indonesian citizen
Place and Born in Jombang in 1968,
:
Date of Birth/Age age 56 as of December 2024.
Domicile : Surabaya, Indonesia
Educational • Bachelor of Medicine from Airlangga University Surabaya (1995).
Background • Masters in Management from Narotama University Surabaya (2007).
• Doctorate in Sports Science from Surabaya State University (2012).
Certification -
Work Experience • Treasurer of East Java PWM for the period (2015-2022).
• Chairman of the East Java PWM for the period (2022-present).
• Chancellor of Muhammadiyah University Surabaya (2020-present).
• Member of the Sharia Supervisory Board of PT Bank Pembangunan Daerah Jawa Timur Tbk (2023-present).
Legal Basis of Appointed as Member of the Sharia Supervisory Board for the first time at the 2022 Annual General Meeting of
Appointment Shareholders (GMS) of PT Bank Pembangunan Daerah Jawa Timur Tbk on April 12, 2023.
Period of Office 2023 – Until the closing of the 2026 Annual GMS (First Period).
Double Function • Chancellor of Muhammadiyah University Surabaya (2020-present).
• Chairman of the East Java PWM for the period (2022-present).
Bank Jatim Share
Do not have shares in Bank Jatim
Ownership
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Sharia Supervisory Board Members Affiliate Relations
Table of Affiliation of the Sharia Supervisory Board
Financial Relations, Family and Management of the Sharia Supervisory Board
Financial Relations With Family Relations With
Management
Relation
Board of Controlling Board of Controlling
Name Position Directors Directors
Commissioners Shareholders* Commissioners Shareholders*
Yes No Yes No Yes No Yes No Yes No Yes No Yes No
Chairman of the
Afifuddin
Sharia Supervisory √ √ √ √ √ √ √
Muhajir
Board
Member of the
Sukadiono Sharia Supervisory √ √ √ √ √ √ √
Board
Changes in Composition of the Sharia Supervisory Board and the Reasons for the Changes
The Sharia Supervisory Board consists of at least 2 (two) Board at any time in accordance with the prevailing laws and
members and a maximum of 3 (three) members, with one regulations. Throughout 2024, there were no changes in the
serving as the Chairman. Members of the Sharia Supervisory composition of the Sharia Supervisory Board. The composition
Board are appointed by the General Meeting of Shareholders consists of 2 (two) members, including 1 (one) Chairman of the
(GMS) or based on the recommendation of the National Sharia Supervisory Board and 1 (one) Member of the Sharia
Sharia Board – Indonesian Ulema Council, in accordance with Supervisory Board. The composition and the basis for the
applicable laws and regulations, without prejudice to the right appointment of the Sharia Supervisory Board can be seen in
of the GMS to dismiss members of the Sharia Supervisory the table below.
Table of Composition and Basis for Appointment of the Sharia Supervisory Board
Name Position Executor Legal Basis of Appointment Effective Date
The Annual General Meeting of Shareholders for the
Afifuddin Muhajir Chairman OJK February 28, 2020
2018 Fiscal Year on April 26, 2019
The Annual General Meeting of Shareholders for the
Sukadiono Member OJK March 25, 2024
2022 Fiscal Year on April 12, 2023
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Executive
Official Profile
Profile of Senior Executive Vice President (SEVP)
Revi Adiana Silawati
TKK SEVP Network and Services
Citizenship : Indonesian Citizen
Place and Born in Solo in 1966.
:
Date of Birth/Age Age 58 years old as of December 2024.
Domicile : Surabaya, Indonesia
Educational - Bachelor of Management from Wijaya Putra University (1996).
Background - Master of Management from Airlangga University (1998).
Legal Basis of Appointed as SEVP Network & Services of PT Bank Pembangunan Daerah Jawa Timur based on Board of Directors Decree
Appointment No. 062/017/DIR/HCP/KEP dated February 23, 2023.
Work Experience Joined Bank Jatim in 1986. Before holding the current position, she previously served as: Head of Operational Division at Dr.
Soetomo Branch (2001), Head of Perak Branch (2003), Head of Bojonegoro Branch (2006), Head of Kediri Branch (2009), Head
of Malang Branch (2011), Head of Corporate Secretary Division (2012), Head of Funding, Services, and Foreign Affairs Division
(2013), Head of Treasury Division (2015), Head of Strategic Planning and Performance Management Division (2018), and Head
of Human Capital Division (2021).
Hermita
TKK SEVP Consumer Banking
Citizenship : Indonesian Citizen
Place and Born in South Jakarta in 1968.
:
Date of Birth/Age Age 56 years as of December 2024.
Domicile : Surabaya, Indonesia
Educational - Bachelor of Law from Andalas University (1992).
Background - Master in Agribusiness Management of Bogor Agricultural Institute (2003).
Legal Basis of Appointed as SEVP Consumer Banking based on Directors’ Decree No. 062/22/HCP/PK dated May 29, 2023.
Appointment
Work Experience Joined Bank Jatim in 2023 as SEVP Consumer Banking.
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Koerniawan Prijambodo
TKK SEVP Corporate, Syndication and Institutional
Citizenship : Indonesian Citizen
Place and Born in Lumajang in 1967.
:
Date of Birth/Age Age 57 years as of December 2024.
Domicile : Surabaya, Indonesia
Educational • Bachelor degree in Engineering Physics of Sepuluh Nopember Institute of Technology (1991).
Background • Finance & Banking Master in Management of Gadjah Mada University (1993).
Legal Basis of Appointed as SEVP Corporate, Syndication and Institutional based on Directors Decree No. 062/23/ HCP/PK dated May
Appointment 29, 2023.
Work Experience Joined Bank Jatim in 2023 as SEVP Corporate, Syndication, and Institutional.
Profil Vice President (VP)
Wardhana Suryaatmaja
VP of Internal Audit Division
Citizenship : Indonesian Citizen
Place and Born in Surabaya in 1967.
:
Date of Birth/Age Age 57 years old as of December 2024.
Domicile : Surabaya, Indonesia
Educational • Bachelor of Development Studies from Wijaya Putra University (1995).
Background • Master of Management from the Artha Bodhi Iswara College of Economics (1998)
Legal Basis of Since 2023, served as Vice President of Internal Audit based on the Decree of the Board of Directors No. 062/061/DIR/
Appointment HCP/KEP August 8, 2023.
Work Experience Joined Bank Jatim in 1993. Before holding the current position, he previously served as Acting Head of Madiun Sharia
Branch (2015), Head of Accounting Sub-Division (2015), Head of Information Technology Division (2017), Head of Product
Development and Policy Division (2018), Head of General Affairs Division (2019), and Head of Risk Management Division
(2022).
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M. Machfud Hidayat
Acting VP of Digital Banking Division
Citizenship : Indonesian Citizen
Place and Born in Surabaya in 1969.
:
Date of Birth/Age Age 55 years old as of December 2024.
Domicile : Surabaya, Indonesia
Educational Bachelor of Economics from Wijaya Putra University (2001).
Background
Legal Basis of Since 2023, served as Action Vice President of Digital Banking based on the Decree of the Board of Directors No.
Appointment 062/041/DIR/HCP/ KEP May 31, 2023.
Work Experience Joined Bank Jatim in 1993. Before holding the current position, he previously served as PBO assigned to the Fund
Services and Foreign Affairs Division (2014), Head of Taxation Sub-Division in the Accounting Division (2015), Head
of Financial Control & Taxation Sub-Division (2017), Head of IT Development Sub-Division (2018), Head of Digital
Development Sub-Division (2021), and Head of Digital Banking Unit (2022).
Runita Pri Purwanti
VP of Strategic Planning and Performance Division
Citizenship : Indonesian Citizen
Place and Born in Malang in 1967.
:
Date of Birth/Age Age 57 years old as of December 2024.
Domicile : Surabaya, Indonesia
Educational Bachelor of Economics and Development Studies from Universitas Brawijaya (1991).
Background
Legal Basis of Since 2023, served as Action Vice President of Strategic Planning and Performance Management based on the Decree of
Appointment the Board Directors No. 062/041/DIR/HCP/KEP May 31, 2023.
Work Experience Joined Bank Jatim in 1994. Before holding the current position, he previously served as Head of Gresik Branch (2017), Head
of Fund Services & Priority Banking Division (2021), and Head of Sidoarjo Branch (2022).
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Kamiliah
Acting Vice President of Micro Credit Division
Citizenship : Indonesian Citizen
Place and Born in Banyuwangi in 1969.
:
Date of Birth/Age Age 59 years old as of December 2024.
Domicile : Surabaya, Indonesia
Educational Bachelor of Economics from Abdurachman Saleh University, Situbondo (2003)
Background
Legal Basis of Since 2024, served as Action Vice President of Micro Credit based on the Decree of the Board of Directors
Appointment No. 063/007/CPT/HCP/KEP dated July 8, 2024.
Work Experience Joined Bank Jatim in 1992. Before holding the current position, he previously served as Head of Operational Division at
Mojokerto Branch (2014), Head of Nganjuk Branch (2017), Head of Tulungagung Branch (2021), Head of Madiun Branch
(2022), and Head of Malang Branch (2023).
Firman Iswahyudi M.
VP of Retail & Medium Credit Division
Citizenship : Indonesian Citizen
Place and Born in Purworejo in 1968.
:
Date of Birth/Age Age 56 years old as of December 2024.
Domicile : Surabaya, Indonesia
Educational • Master of Management, Artha Bodhi Iswara College of Economics (2002).
Background • Doctor of Management Sciences, Indonesian College of Economics (2019).
Legal Basis of Since 2023, served as Action Vice President of Policies and Procedures based on the Decree of the Board of Directors
Appointment No. 062/041/DIR/HCP/KEP May 31, 2023.
Work Experience Joined Bank Jatim in 1994. Before holding the current position, he previously served as Head of Pamekasan Branch
(2020), Head of Gresik Branch (2021), and Head of Sub-Division for Commercial and Corporate Loan Recovery and
Settlement (2022).
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Suci Issumiyarti
VP of Risk Management Division
Citizenship : Indonesian Citizen
Place and Born in Semarang in 1966.
:
Date of Birth/Age Age 58 years old as of December 2024.
Domicile : Surabaya, Indonesia
Educational Bachelor of French from the Semarang State Teacher Training and
Background Education Institute (1989).
Legal Basis of Since 2023, served as Head of Risk Management Division based on Directors Decree No. 062/148/DIR/HCP/KEP dated
Appointment August 16, 2023.
Work Experience Joined Bank Jatim in 1994. Before holding the current position, he previously served as Head of Operational Division at
Ngawi Branch (2011), Head of Kepanjen Branch (2012), Head of Tulungagung Branch (2014), Head of Sub-Division Corporate
Secretary (2015), Head of Malang Branch (2015), Head of Strategic Planning Division (2017), Head of Institutional and
Business Relations Division (2017), Head of Credit Risk Division (2018), Head of Business Risk Division (2020), Head of
Corporate Risk Management Division (2021), and Head of Operations Division (2022).
Herijadi Widodo
VP of General Division
Citizenship : Indonesian Citizen
Place and Born in Surabaya in 1971.
:
Date of Birth/Age Age 53 years old as of December 2024.
Domicile : Surabaya, Indonesia
Educational Bachelor of Law from University of Sunan Bonang Tuban (1999).
Background
Legal Basis of Since 2023 served as a General Vice President of Decree of the Board of Directors No. 062/057/DIR/HCP/KEP dated July
Appointment 20, 2023.
Work Experience Joined Bank Jatim in 1993. Before holding the current position, he previously served as Head of Credit Division at the
Main Branch (2017), Head of Jakarta Branch (2020), Acting Head of the Main Branch (2022), and Acting Vice President of
General Affairs (2023).
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Mukhlison
VP of Commercial Credit, Corporate and Syndication Division
Citizenship : Indonesian Citizen
Place and Born in Jombang in 1974.
:
Date of Birth/Age Age 50 years old as of December 2024.
Domicile : Surabaya, Indonesia
Educational Bachelor of Economics from Wijaya Putra University, Surabaya (2001)
Background
Legal Basis of Since 2022, served as Action Head of Commercial, Corporate and Syndication Loan Division based on Board of Directors
Appointment Decree No. 061/076/DIR/HCP/KEP dated May 12, 2022.
Work Experience Joined Bank Jatim in 1995. Before holding the current position, he previously served as Head of Operational Division
at Pacitan Branch (2012), Head of Operational Division at Jombang Branch (2013), Head of Probolinggo Branch (2015),
Head of Sub-Division in the Medium Corporate and Syndication Credit Division (2018), and Acting Head of the Commercial,
Corporate & Syndication Credit Division (2021).
Mugni Nurachman
VP of Legal Division
Citizenship : Indonesian Citizen
Place and Born in Jakarta in 1971.
:
Date of Birth/Age Age 53 years old as of December 2024.
Domicile : Surabaya, Indonesia
Educational • Bachelor of Law, Yogyakarta Islamic University of Indonesia (1995).
Background • Master of Program Management at Wijaya Putra University (2006).
Legal Basis of Since 2022, served as Action Head of Legal Division based on Board of Directors Decree No. 061/076/DIR/HCP/KEP dated
Appointment May 12, 2022.
Work Experience Joined Bank Jatim in 1997. Before holding the current position, he previously served as Head of Merican Sub-Branch, Kediri
Branch (2014), Senior Analyst of the Legal Litigation Group, Legal Division (2016), Acting Head of the Legal Litigation Sub-
Division, Legal Division (2018), Head of the Legal Litigation Sub-Division, Legal Division (2018), Head of Jombang Branch
(2020), and Head of the Legal Litigation Sub-Division, Legal Division (2021).
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Agus Sastriono
VP of Consumer Credit Division
Citizenship : Indonesian Citizen
Place and Born in Surabaya in 1971.
:
Date of Birth/Age Age 53 years old as of December 2024.
Domicile : Surabaya, Indonesia
Educational • Bachelor of Accounting Education, Surabaya Institute of Teacher Training and Education (1995).
Background • Master of Management, Artha Bodhi Iswara College of Economics.
Legal Basis of Since 2023, served as Acting Vice President of Consumer Credit based on the Decree of the Board of Directors No.
Appointment 062/148/ DIR/HCP/KEP August 16, 2023.
Work Experience Joined Bank Jatim in 1999. Before holding the current position, he previously served as Head of Banyuwangi Branch
(2020), Head of Jakarta Branch (2022), and Head of Credit Division at the Main Branch (2023).
Wioga Adhiarma Aji
VP of Corporate Secretary
Citizenship : Indonesian Citizen
Place and Born in Surabaya in 1978.
:
Date of Birth/Age Age 46 years old as of December 2024.
Domicile : Surabaya, Indonesia
Educational • Bachelor of Legal Studies from Panca Marga University, Probolinggo (2002).
Background • Master of Law from University of 17 August 1945 Surabaya (2020).
Legal Basis of Since 2023, served as Action Vice President Corporate Secretary based on Board of Directors Decree No. 062/055/DIR/
Appointment HCP/KEP dated July 05, 2023.
Work Experience Joined Bank Jatim in 1997. Before holding the current position, he previously served as Head of Operational Division at
Bojonegoro Branch (2012), Head of Bojonegoro Branch (2013), Head of Operational Division at Main Branch (2018), Head
of Kediri Branch (2020), and Acting Head of General Division (2022).
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Glemboh Priambodo
VP of Subsidiaries Management Division
Citizenship : Indonesian Citizen
Place and Born in Malang in 1970.
:
Date of Birth/Age Age 54 years old as of December 2024.
Domicile : Surabaya, Indonesia
Educational • Bachelor of Law from the University of Surabaya (1997).
Background • Master of Law from 17 August University Surabaya (2001).
• Master of Management from STIE ABI Surabaya (2003).
• Doctor of Law from Seventeen August University 1945 (2022).
Legal Basis of Since 2023, served as Vice President of Subsidiaries Management based on Board of Directors Decree
Appointment No. 062/055/DIR/ HCP/KEP July 5, 2023.
Work Experience Joined Bank Jatim in 1997. Before holding the current position, he previously served as Senior Analyst in the External
Communication Sub-Division (2015), Senior Analyst in the Priority Banking Sub-Division (2015), Acting Head of Dr.
Soetomo Branch (2016), Head of Dr. Soetomo Branch (2017), Head of Corporate Secretary (2018), Head of Bank Jatim Main
Branch (2021), and Head of Compliance & Governance Division (2022).
Handayanto
VP of Information Technology Division
Citizenship : Indonesian Citizen
Place and Born in Surabaya in 1975.
:
Date of Birth/Age Age 49 years old as of December 2024.
Domicile : Surabaya, Indonesia
Educational Bachelor of Computer from Sepuluh Nopember Technology Institute (ITS) (2000).
Background
Legal Basis of Since 2023, served as Acting Vice President of Information technology based on the Decree of the Board Directors
Appointment No. 062/148/DIR/HCP/KEP August 16, 2023.
Work Experience Joined Bank Jatim in 2005. Before holding the current position, he previously served as Head of IT Development Sub-
Division (2015), Head of IT Support & Operations Sub-Division (2016), and Head of Procurement Sub-Division (2020).
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R. Wahyu Tedjasukmana
Action VP of Treasury Division
Citizenship : Indonesian Citizen
Place and Born in Banyuwangi in 1972.
:
Date of Birth/Age Age 52 years old as of December 2024.
Domicile : Surabaya, Indonesia
Educational Bachelor of Engineering, Sepuluh November Institute of Technology (2000).
Background
Legal Basis of Since 2023, served as Acting Vice President of Treasury based on the Decree of the Board of Directors
Appointment No. 062/041/DIR/HCP/KEP May 31, 2023.
Work Experience Joined Bank Jatim in 2005. Before holding the current position, he previously served as Head of Syariah Branch Jember
(2015) and Head of Syariah Branch Kediri (2019).
R. Deni Mahendra
VP of Accounting and Financial Management Division
Citizenship : Indonesian Citizen
Place and Born in Situbondo in 1973.
:
Date of Birth/Age Age 51 years old as of December 2024.
Domicile : Surabaya, Indonesia
Educational Bachelor of Economics from Universitas Brawijaya (1998).
Background
Legal Basis of Since 2023, served as Acting Vice President of accounting & Financial Management based on the Decree of the Board of
Appointment Directors No. 062/055/DIR/HCP/KEP July 5, 2023.
Work Experience Joined Bank Jatim in 2005. Before holding the current position, he previously served as Head of Financial Control &
Taxation Sub-Division (2018), Head of Tuban Branch (2020), and Head of Mojokerto Branch (2022).
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Herry Setya Yudakka
VP of Policies & Procedures Division
Citizenship : Indonesian Citizen
Place and Born in Gresik in 1977.
:
Date of Birth/Age Age 47 years old as of December 2024.
Domicile : Surabaya, Indonesia
Educational Bachelor of Industrial Engineering from Pembangunan Nasional Veteran University of East Java (2000).
Background
Legal Basis of Since 2023, served as Acting Vice President of Policies and Procedures based on the Decree of the Board of Directors
Appointment No. 062/041/DIR/HCP/KEP May 31, 2023.
Work Experience Joined Bank Jatim in 2005. Before holding the current position, he previously served as Head of Malang Branch (2020), Head
of Credit Division at the Main Branch (2022), and Acting Head of Product Development Division (2023).
Raden Mas Wahyukusumo Wisnubroto
VP of International Banking Division
Citizenship : Indonesian Citizen
Place and Born in Yogyakarta in 1972.
:
Date of Birth/Age Age 52 years old as of December 2024.
Domicile : Surabaya, Indonesia
Educational • Bachelor of Civil Engineering from Bandung Institute of Technology (1998).
Background • Master of Management from Gadjah Mada University (2001).
Legal Basis of Since 2023, served as Vice President of the International Banking based on the Decree of the Board of Directors
Appointment No. 062/041/ DIR/HCP/KEP May 31, 2023.
Work Experience Joined Bank Jatim in 2002. Before holding the current position, he previously served as Head of Operational Division at
Ngawi Branch (2013), Head of Operational Division at Jakarta Branch (2013), Head of HR Muhammad Branch (2014), Head
of Dealing Room Sub-Division in Treasury Division (2015), Head of International Banking Division (2017), Head of Treasury
Division (2018), and Head of Strategic Planning & Performance Management Division (2022).
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Putu Denny Hariwidyanta
VP of Compliance and AML CFT Division
Citizenship : Indonesian Citizen
Place and Born in Denpasar in 1977.
:
Date of Birth/Age Age 47 years old as of December 2024.
Domicile : Surabaya, Indonesia
Educational Bachelor of Computer at Surabaya Technical College (2002).
Background
Legal Basis of Since 2023 served as Acting Vice President of Compliance & AML CFT based on Directors’ Decree
Appointment No. 062/055/DIR/HCP/KEP dated July 05, 2023.
Work Experience Joined Bank Jatim in 2006. Before holding the current position, he previously served as Head of Product & Policy
Development Sub-Division for Fund Services (2018) and Head of Operations Division at the Main Branch (2022).
Nur Eko Ardian
VP of Product Development Division
Citizenship : Indonesian Citizen
Place and Born in Surabaya in 1980.
:
Date of Birth/Age Age 44 years old as of December 2024.
Domicile : Surabaya, Indonesia
Educational • Bachelor of State Administration from Wijaya Putra University (2003).
Background • Master of State Administration from Wijaya Putra University (2005).
Legal Basis of Since 2023, served as Vice President of Product Development based on the Decree of the Board of Directors
Appointment No. 062/041/DIR/HCP/ KEP May 31, 2023.
Work Experience Joined Bank Jatim in 2006. Before holding the current position, he previously served as Senior Analyst at Corporate
Secretary (2015), Head of Operations Division at Tuban Branch (2015), Head of Kepanjen Branch (2015), Head of Compliance
& Governance Division (2018), Head of Human Capital Division (2018), Head of Corporate Risk Management Division (2019),
Head of Financial Control Division (2021), and Head of Accounting & Financial Management Division (2022).
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Slamet Purwanto
VP of Human Capital Division
Citizenship : Indonesian Citizen
Place and Born in Surabaya in 1979.
:
Date of Birth/Age Age 45 years old as of December 2024.
Domicile : Surabaya, Indonesia
Educational • Bachelor of Computer from STIKOM Surabaya (2004).
Background • Master in Management from UPN Veteran Jatim (2016).
Legal Basis of Since 2023, served as Action Vice President of Human Capital based on the Decree of the Board of Directors No. 062/055/
Appointment DIR/HCP/ KEP July 5, 2023.
Work Experience Joined Bank Jatim in 2006. Before holding the current position, he previously served as Head of Investor Relations Sub-
Division at Corporate Secretary (2015), Head of Development Sub-Division at Human Capital Division (2020), Head of
Learning Center Sub-Division (2021), and Acting Vice President of Human Capital Division (2023).
M.Pramudya Iskandar
VP of Sharia Business Support Division
Citizenship : Indonesian Citizen
Place and Born in Sukabumi in 1968.
:
Date of Birth/Age 56 years old as of December 2024.
Domicile : Surabaya, Indonesia
Educational • Bachelor of Economics & Development Studies Padjajaran University Bandung (1992).
Background • Master of Management, Gajah Mada University (UGM) Yogyakarta (1999).
Legal Basis of Since 2024, has served as Vice President of Sharia Business based on Appointment Letter No. 063/008/CPT/HCP/KEP
Appointment dated August 22, 2024.
Work Experience Joined Bank Jatim in 2009. Before assuming his current position, he has held various roles including Sharia Branch
Manager in Surabaya (2009), Head of Sharia Financing Sub-Division (2016), Acting Head of Sharia Business Division
(2022), and Acting Head of Sharia Business Support Division (2023).
132 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Melvin
VP of Network and Service Management Division
Citizenship : Indonesian Citizen
Place and Born in Padang in 1976.
:
Date of Birth/Age Age 48 years old as of December 2024.
Domicile : Surabaya, Indonesia
Educational Bachelor of Informatics Engineering Indonesia Institue of Technology (1999).
Background
Legal Basis of Since 2023, served as Acting Vice President of Network & Service Management bsed on the Decree of the Board of
Appointment Directors No. 062/055/DIR/HCP/KEP July 5, 2023.
Work Experience Joined Bank Jatim in 2010. Before holding the current position, he previously served as Acting Head of Operational Division
at the IT Division (2014), Acting Head of IT Development Sub-Division (2016), and Head of Accounting & Financial Reporting
Sub-Division (2018).
Eko Tri Prasetyo
VP of Operation Division
Citizenship : Indonesian Citizen
Place and Born in Surabaya in 1981.
:
Date of Birth/Age 43 years old as of December 2024.
Domicile : Surabaya, Indonesia
Educational • Telkom College majoring in Informatics Engineering (2003).
Background • Master of Information Technology from the University of Indonesia (2006).
Legal Basis of Since 2023, served as Vice President of Operations based on Board of Directors Decree
Appointment No. 062/148/DIR/HCP/KEP August 16, 2023.
Work Experience Joined Bank Jatim in 2012. Before holding the current position, he previously served as Head of Sub-Division in the Internal
Audit Division (2012), Head of Internal Audit Division (2018), and Head of Information Technology Division (2021).
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Setya Erry Nugraha
VP of Credit Risk Analyst Division
Citizenship : Indonesian Citizen
Place and Born in Serang in 1978.
:
Date of Birth/Age Age 46 years old as of December 2024.
Domicile : Surabaya, Indonesia
Educational Bachelor of Management Economics from STIE IEU Yogyakarta (2001).
Background
Legal Basis of Since 2023 served as Vice President of Credit Risk Analysts based on Decree of the Board of Directors
Appointment No. 062/050/DIR/HCP/KEP dated June 22, 2023.
Work Experience Joined Bank Jatim in 2015. Before holding the current position, he previously served as Head of Perak Branch (2015), Head
of HR. Muhammad Branch (2015), Head of Perak Branch (2017), Head of Medium Corporate Syndication Loan Sub-Division
(2019), Head of Credit Division at the Main Branch (2020), Acting Head of Business Risk Division (2022), and Acting Head
of Credit Risk Division (2022).
Wahasta Hartadi
TKK VP of Credit Restructuring and Recovery Division
Citizenship : Indonesian Citizen
Place and Born in Madiun in 1967.
:
Date of Birth/Age Age 57 years as of December 2024.
Domicile : Surabaya
Educational • Bachelor of Economics from UNPAD Bandung (1991).
Background • Master in Management from UNHAS Makasar (2003).
Legal Basis of
Bank Jatim Work Agreement No. 062/29/HCP/PK Dated July 24, 2023
Appointment
Work Experience
Joined Bank Jatim in 2023 as TKK VP of the Credit Restructuring and Recovery Division.
134 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Linda Dwi Cipta
Action AVP of Credit Administration Unit
Citizenship : Indonesian Citizen
Place and Born in Bangkalan in 1986.
:
Date of Birth/Age Age 38 years old as of December 2024.
Domicile : Surabaya, Indonesia
Educational • Bachelor of Law from Wijaya Kusuma University, Surabaya (2008).
Background • Master of Laws, Wijaya Kusuma University, Surabaya (2011)
Legal Basis of Since 2024, served as Action AVP Credit Administration based on Appointment Letter 063/007/CPT/HCP/KEP
Appointment dated July 8, 2024.
Work Experience Joined Bank Jatim in 2008. Before assuming his current position, he served as Kalibutuh Branch Office Manager (2022-
2023) and Senior Officer of Credit Administration Group, Credit Administration Unit (2023-2024).
Syaiful Bakhri
AVP of Information Technology Security Unit
Citizenship : Indonesian Citizen
Place and Born in Bojonegoro in 1978.
:
Date of Birth/Age Age 46 years old as of December 2024.
Domicile : Surabaya, Indonesia
Educational Bachelor of Computer from Budi Luhur College of Information and Computer Management (2001).
Background
Legal Basis of Since 2023, served as Acting Compliance Head of IT Security Unit based on Appointment Letter
Appointment No. 062/2002/HCP/HOHC/SRT October 18, 2023.
Work Experience Joined Bank Jatim in 2001. Before holding the current position, he previously served as Head of the IT Governance &
Security Sub-Division in the Information Technology Division (2018) and AVP of Infrastructure & Operations in the
Information Technology Division (2023).
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Retno Handayani
AVP of Institutional Relations Unit
Citizenship : Indonesian Citizen
Place and Born in Jakarta in 1974.
:
Date of Birth/Age Age 50 years old as of December 2024.
Domicile : Surabaya, Indonesia
Educational • Bachelor of Economics from University of Wiraswasta Indonesia (2002).
Background • Master in Management from University of Trisakti (2013).
Legal Basis of Since 2023, served as Acting Compliance Head of Institutional Relations Unit based of Appointmnet Letter
Appointment No. 062/041/DIR/HCP/ KEP May 31, 2023.
Work Experience Joined Bank Jatim in 2016. Before holding the current position, he previously served as Head of Operational Division at the
Jakarta Branch (2017), Head of Business Division at the Jakarta Branch (2020), and Head of Institutional & Corporate Fund
Services Sub-Division in the Fund and Services Division (2021).
Yetty Fitria Suprapto
Action VP of Fund and Services Division
Citizenship : Indonesian Citizen
Place and Born in Pasuruan in 1978.
:
Date of Birth/Age Age 46 years as of December 2024.
Domicile : Surabaya, Indonesia
Educational Bachelor of Economics, Universitas Merdeka Malang (2001)
Background
Legal Basis of Since 2024, served as Action VP of Funds and Services Division based on Appointment Letter No. 063/009/CPT/HCP/KEP
Appointment dated September 3, 2024.
Work Experience Joined Bank Jatim in 2006. Before holding the current position, he previously served as Acting Head of Operational
Division at the Gresik Branch (2012), Acting Head of Nganjuk Branch (2013), Head of Priority Banking and Custodian Sub-
Division in the Institutional and Business Relations Division (2017), Head of Ponorogo Branch (2019), Head of Ngawi Branch
(2021), and Head of Madiun Branch (2023).
136 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Employee
Profile
Number of Employees by Gender
Table of Number of Employees by Gender (In person)
Gender 2024 2023
Male 4,432 4,420
Female 2,934 2,824
Total 7,366 7,244
Number of Employees by Position Level
Table of Number of Employees by Position Level (In person)
2024 2023
Position Level
Male Female Total Male Female Total
NO 213 - 213 244 - 244
S, C & T 1,441 1,389 2,830 1,507 1,420 2,927
Pll, Pngl, PKF, Au, ARM and An 530 449 979 491 435 926
PBO, PCP, S.Au & RM 200 131 331 176 139 315
AVP, PC & PB 64 37 101 64 33 97
VP & PCU 27 4 31 28 2 30
SEVP 1 4 5 2 3 5
TAD 1,788 242 2,030 1,765 256 2,021
JIP 168 678 846 143 536 679
Total 4,432 2,934 7,366 4,420 2,824 7,244
Description:
NO Non-Administrative S.Au Senior Auditor
S, C, & T Staff, Prospective Employees & Contract Employee RM Relationship Manager
PII Supervisor AVP Assistant Vice President
PKF Head of Functional Office PC Branch Manager
Au Auditor PB Division Head
ARM Assistant Relationship Manager VP Vice President
An Analyst PCU Head of Main Branch
PBO Head of Operational Division SEVP Senior Excecutive Vice President
Pngl Manager TAD Outsourced Personnel
PCP Head of Sub-Branch Office JIP Jatim Internship Program
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Number of Employees by Range of Age
Table of Number of Employees by Range of Age (in person)
2024 2023
Range of Age
Male Female Total Male Female Total
< 30 Years Old 679 429 1,108 898 1,015 1,913
30-54 Years Old 3,649 2,438 6,087 3,413 1,745 5,158
> 54 Years Old 104 67 171 109 64 173
Total 4,432 2,934 7,366 4,420 2,824 7,244
Number of Employees by Education Level
Table of Number of Employees by Education Level (in person)
2024 2023
Education Level
Male Famale Total Male Famale Total
Non Strata 1,790 419 2,209 1,830 597 2,427
S1 2,429 2,377 4,806 2,386 2,100 4,486
S2 209 137 346 199 127 326
S3 4 1 5 5 - 5
Total 4,432 2,934 7,366 4,420 2,824 7,244
Number of Employees by Employment Status
Table of Number of Employees by Employment Status (in person)
2024 2023
Employment Status
Male Female Total Male Female Total
Permanent employees 2,397 1,953 4,350 2,347 1,878 4,225
Temporary employees 79 61 140 165 154 319
Outsourcing 1,788 242 2,030 1,765 256 2,021
Internship 168 678 846 143 536 679
Total 4,432 2,934 7,366 4,420 2,824 7,244
138 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
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Shareholders
Composition
Table of Shareholder Composition of Bank Jatim as of January 1, 2024
Share Ownership Structure
Shareholders
Number of Shares Value (IDR) Ownership
Series A Shares
East Java Provincial Government 7,676,913,648 1,919,228,412,000 51.13%
Surabaya City 319,243,457 79,810,864,250 2.13%
Malang City 108,635,999 27,158,999,750 0.72%
Madiun City 134,064,427 33,516,106,750 0.89%
Mojokerto City 72,091,751 18,022,937,750 0.48%
Kediri City 14,208,273 3,552,068,250 0.09%
Probolinggo City 17,397,927 4,349,481,750 0.12%
Blitar City 16,987,084 4,246,771,000 0.11%
Pasuruan City 100,075,767 25,018,941,750 0.67%
Batu City 38,236,741 9,559,185,250 0.25%
Gresik Regency 220,213,170 55,053,292,500 1.47%
Malang Regency 253,635,445 63,408,861,250 1.69%
Mojokerto Regency 78,373,801 19,593,450,250 0.52%
Madiun Regency 32,660,478 8,165,119,500 0.22%
Kediri Regency 144,925,510 36,231,377,500 0.97%
Probolinggo Regency 125,931,454 31,482,863,500 0.84%
Blitar Regency 39,496,395 9,874,098,750 0.26%
Pasuruan Regency 44,610,500 11,152,625,000 0.30%
Bojonegoro Regency 300,288,632 75,072,158,000 2.00%
Magetan Regency 19,594,792 4,898,698,000 0.13%
Tulungagung Regency 70,697,975 17,674,493,750 0.47%
Trenggalek Regency 84,640,532 21,160,133,000 0.56%
Pacitan Regency 53,520,271 13,380,067,750 0.36%
Lamongan Regency 101,318,315 25,329,578,750 0.67%
Ponorogo Regency 23,555,596 5,888,899,000 0.16%
Banyuwangi Regency 270,036,117 67,509,029,250 1.80%
Tuban Regency 217,418,404 54,354,601,000 1.45%
Jember Regency 111,866,875 27,966,718,750 0.75%
Ngawi Regency 215,763,995 53,940,998,750 1.44%
Jombang Regency 26,792,899 6,698,224,750 0.18%
Bondowoso Regency 87,207,357 21,801,839,250 0.58%
Lumajang Regency 67,206,045 16,801,511,250 0.45%
PT Bank Pembangunan Daerah Jawa Timur Tbk 139
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Share Ownership Structure
Shareholders
Number of Shares Value (IDR) Ownership
Sidoarjo 370,155,850 92,538,962,500 2.47%
Situbondo Regency 76,374,593 19,093,648,250 0.51%
Nganjuk Regency 77,217,854 19,304,463,500 0.51%
Pamekasan Regency 40,592,928 10,148,232,000 0.27%
Sumenep Regency 144,228,431 36,057,107,750 0.96%
Bangkalan Regency 36,793,459 9,198,364,750 0.25%
Sampang Regency 101,175,235 25,293,808,750 0.67%
Series B Shares
Public 3,081,350,100 770,337,525,000 20.52%
TOTAL 15,015,498,082 3,753,874,520,500 100%
The composition of shareholders as of December 31, 2024, remains unchanged and is the same as the composition
as of January 1, 2024.
Composition of 20 Largest Shareholders
Table of Composition of the 20 Largest Shareholders of Bank Jatim as of January 1, 2024
Number of
No. Shareholders Status Ownership
Shares
1. PT TASPEN (ASURANSI) - AFS 305,061,900 Limited Company 9.90%
CITIBANK LONDON S/A MUTUAL FUND EQ EMERGING DIVIDEND
2. 130,000,000 Institution - Foreign 4.22%
(UCITS)
3. PT MNC SEKURITAS 116,000,000 Individual Indonesia 3.76%
4. PT Taspen 109,442,800 Limited Company 3.55%
5. BNYM RE ACADIAN EM MKTS SM ALL CAP EQ FD LLC-2039925167 44,014,890 Institution - Foreign 1.43%
STATE STREET BANK-BERNSTEIN FUND,INC.- INTERNATIONAL
6. 43,073,500 Institution - Foreign 1.40%
SMALL CAP PORTFOLIO
7. STATE STREET BANK-GOLDMAN SACHS FUNDS 38,700,300 Institution - Foreign 1.26%
8. PT INDO PREMIER SEKURITAS 35,281,800 Individual Indonesia 1.15%
9. PT MIRAE ASSET SEKURITAS INDONESIA 32,306,900 Individual Indonesia 1.05%
CITIBANK NEW YORK S/A EMERGING MARKETS CORE EQUITY
10. 31,858,200 Individual Indonesia 1.03%
PORTFOLIO OF DFA INV DIMENSIONS GRP INC.
CITIBANK NEW YORK S/A GEORGETOWN EMERGING MARKETS
11. 31,386,200 Institution - Foreign 1.02%
FUND SPC LIMITED-SIERRA DORADA FUND SP
12. PANIN SEKURITAS, PT 31,023,500 Institution - Foreign 1.01%
13. DZ PRIVATBANK S/A CH GALILEO ASIA FUND 28,898,900 Limited Company 0.94%
14. CITIBANK NEW YORK S/A GOVERNMENT OF NORWAY - 16 27,000,000 Institution - Foreign 0.88%
15. BNYM RE ENSIGN PEAK ADV, INC. 26,737,100 Institution - Foreign 0.87%
16. STATE STREET BANK-ISHARES MSCI INDONESIA ETF 25,583,100 Institution - Foreign 0.83%
17. PT CEALMI KHIEZT INDONESIA 25,170,400 Institution - Foreign 0.82%
140 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
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Number of
No. Shareholders Status Ownership
Shares
BNYM RE GOLDMAN SACHS TRUST-GS EM MAR EQ INS FD-
18. 22,175,900 Limited Company 0.72%
2039927833
JPMCB NA RE - BLACKROCK INST TR CO N A INVESTMENT FDS
19. 20,382,800 Institution - Foreign 0.66%
FOR EMPLOYEE BENEFIT TRUSTS
20. PT TRIMEGAH SEKURITAS INDONESIA TBK 20,000,000 Institution - Foreign 0.65%
Table of Composition of the 20 Largest Shareholders of Bank Jatim as of December 31, 2024
Number of
No. Shareholders Status Ownership
Shares
1. PT TASPEN 414,504,700 Limited Company 13.45%
2. CITIBANK LONDON S/A EQ EMERGING DIVIDEND FUND 98,845,100 Institution - Foreign 3.21%
3. CITIBANK NEW YORK S/A GOVERNMENT OF NORWAY - 16 86,755,000 Institution - Foreign 2.82%
4. PT MIRAE ASSET SEKURITAS INDONESIA 84,059,900 Individual Indonesia 2.73%
5. BNYM RE ACADIAN EM MKTS SM ALL CAP EQ FD LLC 41,313,590 Institution - Foreign 1.34%
6. PANIN SEKURITAS, PT 40,999,700 Limited Company 1.33%
CITIBANK NEW YORK S/A GEORGETOWN EMERGING MARKETS
7. 31,386,200 Institution - Foreign 1.02%
FUND SPC LIMITED-SIERRA DORADA FUND SP
CITIBANK NEW YORK S/A EMERGING MARKETS CORE EQUITY
8. 30,014,800 Institution - Foreign 0.97%
PORTFOLIO OF DFA INVESTMENT DIMENSIONS GROUP INC
9. PT CEALMI KHIEZT INDONESIA 26,370,400 Limited Company 0.86%
10. BNYM RE ENSIGN PEAK ADV, INC. 25,079,800 Institution - Foreign 0.81%
CITIBANK NEW YORK S/A DIMENSIONAL EMERGING MARKETS
11. 17,743,400 Institution - Foreign 0.58%
VALUE FUND
12. PT PRUDENTIAL LIFE ASSURANCE 16,188,000 Limited Company 0.53%
13. RD PREMIER ETF INDO STATE- OWNED COMPANIES-889064000 14,983,983 Institution - Foreign 0.49%
14. NTC-LSV EMERGING MARKETS SMALL CAP EQUITY FUND, LP 14,898,300 Institution - Foreign 0.48%
15. PT CGS International Sekuritas Indonesia 14,866,600 Individual Indonesia 0.48%
16. PT SAMUEL SEKURITAS INDONESIA 14,000,000 Individual Indonesia 0.45%
17. DP. BPD Jatim 13,180,100 Limited Company 0.43%
18. PT BCA SEKURITAS 13,000,000 Individual Indonesia 0.42%
19. PT STOCKBIT SEKURITAS DIGITAL 12,829,300 Individual Indonesia 0.42%
BNYM RE PUBLIC EMPLOYEES RET SYSTEM OF OHIO-
20. 12,759,300 Institution - Foreign 0.41%
2039927736
Composition of Shareholders 5% or More
Table of Shareholders Composition with 5% or More Ownership of Bank Jatim as of January 1, 2024
Shareholders Number of Shares Ownership
Regional Government of East Java Province Level I 7,676,913,648 51.13%
The composition of shareholders with 5% or more ownership as of December 31, 2024, remains unchanged and is the same as the
composition as of January 1, 2024.
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Composition of Public Shareholders Less than 5%
Table of Composition of Public Shareholders of Less than 5% of Bank Jatim as of January 1, 2024
Public Share Ownership Number of Shareholders Number of Shares Ownership
LOCAL
Individual 59,761 1,684613,407 11.219%
Regional government 39 11,934,147,982 79.479%
Foundation 1 1,360,500 0.009%
Pension Fund 11 7,993,200 0.053%
Insurance 3 11,987,400 0.080%
Bank 1 23,000 0%
Limited Company 56 523,468,596 3.486%
Mutual Fund 5 18,864,411 0.126%
Sub Total 59,844 2,248,336,514 94.452%
Individual 37 1,843,900 0.012%
Foreign Business Entity 151 831,195,686 5.535%
Sub Total 188 833,039,586 5.547%
TOTAL 60,065 15,015,498,082 100%
Table of Composition of Public Shareholders Less than 5% of Bank Jatim as of December 31, 2024
Public Share Ownership Number of Shareholders Number of Shares Ownership
Local
Individual 64,644 1,921,267,507 12.79523
Regional government 39 11,934,147,982 79.47887
Foundation 1 2,350,900 0.01566
Pension Fund 10 428,859,800 2.85611
Insurance 3 25,107,800 0.16721
Bank 1 23,000 0.00015
Limited Company 58 121,177,638 0.80702
Mutual Fund 8 19,215,725 0.12797
Sub Total 64,764 14,452,150,352 96.24822
Individual 19 380,200 0.00253
Foreign Business Entity 110 562,967,530 3.74924
Sub Total 129 563,347,730 3.75177
TOTAL 64,893 15,015,498,082 100
142 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Share Ownership of Directors and Board of Commissioners
Table of Share Ownership of the Directors and Board of Commissioners of Bank Jatim as of January 1, 2024
No. Name Position Number of Shares Ownership
BOARD OF DIRECTORS
1. Busrul Iman President Director 2,958,900 0.0197056%
2. Tonny Prasetyo* Director of Compliance 1,067,400 0.0071087%
3. Edi Masrianto Director of Finance, Treasury & Global Services 327,600 0.0021817%
4. R. Arief Wicaksono Director of Micro, Retail & Medium Enterprises 728,200 0.0048497%
5. Zulhelfi Abidin Director of IT & Digital 24,200 0.0001612%
6. Eko Susetyono Director of Risk Management 124,100 0.0008265%
7. Arif Suhirman Director of Operations - -
BOARD OF COMMISSIONERS
1. Suprajarto* President Commissioner 191,000 0.0012720%
2. Candra Fajri Ananda* Independent Commissioner - -
3 Muhammad Mas’ud Independent Commissioner - -
4 Sumaryono Independent Commissioner - -
5 Adhy Karyono Commissioner - -
TOTAL 5,421,400 0.0361054%
* Stopped serving since the Annual General Meeting of Shareholders for the Fiscal Year 2023 on February 7, 2024
Table of Share Ownership of the Directors and Board of Commissioners of Bank Jatim as of December 31, 2024
No. Name Position Number of Shares Ownership
BOARD OF DIRECTORS
1. Busrul Iman President Director 3,651,300 0.0243169%
2. Edi Masrianto Director of Finance, Treasury & Global Services 764,900 0.0050941%
3. R. Arief Wicaksono Director of Micro, Retail & Medium Enterprises 952,300 0.0063421%
4. Zulhelfi Abidin Director of IT & Digital 347,800 0.0023163%
5. Eko Susetyono Director of Risk Management 446,800 0.0029756%
6. Arif Suhirman Director of Operations 819,700 0.0054590%
7. Umi Rodiyah Director of Compliance 508,500 0.0033865%
BOARD OF COMMISSIONERS
1. Muhammad Mas’ud Independent Commissioner - -
2. Sumaryono Independent Commissioner - -
3. Adhy Karyono Commissioner 81,500 0.0005428%
4. Dadang Setiabudi Independent Commissioner - -
TOTAL 7,572,800 0.0504333%
As of December 31, 2024, the Board of Directors and Board of Commissioners of Bank Jatim do not have any indirect ownership of
the Bank’s shares.
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Shares Ownership of the Senior Management
Until December 31 2024, Bank Jatim Senior Management does not have direct and indirect ownership of Bank shares.
Classification of Shareholders
Table of Classification of Bank Jatim Shareholders as of December 31, 2024
Share Ownership Number of Shareholders Number of Shares (sheet) Ownership
Local Institution 120 11,673,163,245 83.45299%
Foreign Institution 110 562,967,530 3.74924%
Local Individual 64,644 1,921,267,507 12.79523%
Foreign Individual 19 380,200 0.00253%
Total 64,893 15,015,498,082 100%
Main and Controlling
Shareholders
The majority share ownership of Bank Jatim is owned by the Provincial Government. The main shareholder and controlling
East Java Provincial Government, with 51.13%. Thus, the Main shareholder do not have indirect share ownership.
and Controlling Shareholders of Bank Jatim are the East Java
51,13%
Goverment
of East Java Province
144 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2024
List of Subsidiaries, Associated Entities and
Joint Venture Company
As of December 31, 2024, Bank Jatim has one subsidiary and does not have any Associates or Joint Ventures.
Subsidiary
Based on the Shareholder Agreement between the Provincial As of December 31, 2024, referring to the Financial Services
Government of West Nusa Tenggara (No. 500/85/EKON- Authority Regulation No. 12/POJK.03/2020 on Commercial
III/2024) and PT Bank Pembangunan Daerah Jawa Timur Bank Consolidation and based on the Financial Services
Tbk (No. 063/043/DIR/NES/SHA) dated May 8, 2024, as Authority Letter No. S-38/KO.14/2024 dated October 23,
well as the Deed of Shareholders’ Resolution of PT Bank 2024, regarding the Confirmation of Bank Business Group
Pembangunan Daerah Nusa Tenggara Barat Syariah (No. 10, Structure of PT Bank Pembangunan Daerah Jawa Timur
dated August 24, 2024), which was ratified by the Ministry of Tbk, Bank Jatim is currently the Parent Company of PT Bank
Law and Human Rights of the Republic of Indonesia (No. AHU- Pembangunan Daerah Nusa Tenggara Barat Syariah within the
AH.01.09-0244497, dated August 27, 2024), Bank Jatim is the Bank Business Group (KUB) structure.
controlling shareholder of PT Bank Pembangunan Daerah Nusa
Tenggara Barat Syariah.
PT Bank Pembangunan Daerah Nusa Tenggara Barat Syariah
Line of Business Banking
Establishment Date July 5, 1964
Total Assets IDR16,119,568,034,899 as of December 31, 2024
Ownership (%) 4.09%
Operational Status Active
Jl. Pejanggik No.30, Mataram Bar., Kec. Selaparang, Kota Mataram, Nusa Tenggara Barat 83126
Telp : (0370) 636331
Address Fax :-
Email : customercare@bankntbsyariah.co.id
Web : www.bankntbsyariah.co.id
PT Bank Pembangunan Daerah Jawa Timur Tbk 145
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Company Group
Structure
As of December 31, 2024, Bank Jatim does not have any Subsidiaries, Associated Entities, Joint Ventures, and Special Purpose
Vehicles (SPV).
Government of Regency/City Governments
Public
East Java Province across East Java
(20.52%)
(51.13%) (28.35%)
Series A Series B
Shareholders Shareholders
Chronology
of Share Issuance
Bank Jatim issues shares consisting of Series A Shares which (ninety-nine percent) of the total issued and fully paid-up
are owned by the East Java Provincial Government, and Series capital after the Public Offering. Of the total shares offered, as
B Shares which are offered to the public. much as 10% (ten percent) will be allocated to employees and
the Company’s Management through the ESA (Employee Stock
INITIAL PUBLIC OFFERING Allocation) Program. Bank Jatim has implemented the MESOP
On July 12, 2012, Bank Jatim conducted an Initial Public (Management Employee Stock Option Plans) program from
Offering (IPO) by offering new shares of 2,983,537,000 2016 to 2020 with new shares (Series B) of 13,127,500 shares.
ordinary shares (Series B) at an offering price of IDR430 So that the total Paidin Capital on December 31, 2020, will be
per share, so that the total number of shares to be listed on IDR3,753,874,520,500 or 15,015,498.082 shares.
the Indonesia Stock Exchange amounted to 14,768,508,132
(fourteen billion seven hundred sixty-eight million five hundred In connection with the initial public offering, the Bank
eight million thousand one hundred thirty-two) shares or 99% implemented the Employee Stock Allocation (ESA) program by
146 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2024
Information
of Bank Business Group
PSP : Bank Jatim
Parent
Company
Subsidiary
Company
Bank Business Group (KUB)
With reference to the Financial Services Authority Regulation Subsidiary; (iii) Prepare consolidated financial statements with
No. 12/POJK.03/2020 concerning Bank Consolidation, within the Subsidiary’s financial statements.
the Bank Business Group structure, Bank Jatim, which has
larger total assets and/or a better Bank Soundness Level, Regarding the management structure of the Bank Business
acts as the Parent Company of PT Bank Pembangunan Daerah Group (KUB) Bank Jatim, there is one member of the
Nusa Tenggara Barat Syariah (Subsidiary) and is obligated management at PT Bank Pembangunan Daerah Nusa Tenggara
to: (i) Meet the capital adequacy and liquidity requirements Barat Syariah who has been directly assigned by Bank Jatim
of the Subsidiary; (ii) Provide evidence of control over the as follows:
No Company Name Name Position in Bank Jatim Position in Bank Business Group
PT Bank Pembangunan Daerah Nusa
1. H. Zainal Fanani - Independent President Commissioner
Tenggara Barat Syariah
allocating a maximum of 10% of the shares offered and issuing February 1, 2019 to March 18, 2019, August 1, 2019 to September
as many stock options as possible for the Management and 11, 2019. The MESOP Phase III Program was implemented from
Employee Stock Option Plan (MESOP) program 0.71% of the August 1, 2018 to September 14, 2018, February 1, 2019 to
total issued and fully paid capital after the initial public offering. March 18, 2019, August 1, 2019 to September 11, 2019.
The MESOP Phase I Program was implemented from August NAME OF THE EXCHANGE WHERE THE COMPANY’S SHARES
1, 2016 to November 13, 2016, February 1, 2017 to March 13, ARE LISTED
2017, August 1, 2017 to November 13, 2017, February 1, 2018 All shares of Bank Jatim have been listed on the Indonesia
to March 15, 2018, August 1, 2019 to September 11, 2019. The Stock Exchange.
MESOP Phase II 2017 Program was implemented from August 1,
2017 to November 13, 2017, February 1, 2018 to March 15, 2018,
PT Bank Pembangunan Daerah Jawa Timur Tbk 147
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03 Company
Profile
Table of Chronology of Bank Jatim Shares Issuance
Nominal Value Offer Price
No. Period Information Stock
(IDR) (IDR)
1. Before IPO - - - -
2. 2012 Initial Public Offering B Shares Serial 250 430
3. 2016 MESOP Exercise II 2016 B Shares Serial 250 409
4. MESOP Exercise I 2017 B Shares Serial 250 450
2017 450
5. MESOP Exercise II 2017 B Shares Serial 250
409
450
6. MESOP Exercise I 2018 B Shares Serial 250
409
2018
409
7. MESOP Exercise II 2018 B Shares Serial 250
599
409
8. MESOP Exercise I 2019 B Shares Serial 250
599
2019 450
9. MESOP Exercise II 2019 B Shares Serial 250 409
599
409
10. 2020 MESOP Exercise I 2020 B Shares Serial 250
Chronology of Issuance
and/or Listing of Bond
As of December 31, 2024, Bank Jatim has not issued bonds, so there is no information on the chronology of the issuance and/or
listing of bonds.
148 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
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Issued and Paid Up Capital
Number
of Shares Issued
(share) Number of shares Total value Nominal Total Bid Price
(share) (IDR) (IDR)
- - - -
2,983,537,000 14,917,684,982 3,729,421,245,500 1,282,920,910,000
27,372,600 14,945,057,582 3,736,264,395,500 11,195,393,400
1,241,600 14,946,299,182 3,736,574,795,500 558,720,000
1,800,500 810,225,000
14,974,591,382 3,743,647,845,500
26,491,700 10,835,105,300
297,700 133,965,000
14,975,852,582 3,743,963,145,500
963,500 394,071,500
365,400 149,448,600
14,978,134,982 3,744,533,745,500
1,917,000 1,148,283,000
48,500 19,836,500
14,993,772,982 3,748,443,245,500
15,589,500 9,338,110,500
1,062,100 477,945,000
741,500 15,002,370,582 3,750,592,645,500 303,273,500
6,794,000 4,069,606,000
3,163,900 1,294,035,100
15,015,498,082 3,753,874,520,500
9,963,600 5,968,196,400
Chronology of Issuance
and/or Listing of Other Securities
As of December 31, 2024, Bank Jatim has not issued other securities, so there is no information on the chronology of the issuance
and/or recording of other securities.
PT Bank Pembangunan Daerah Jawa Timur Tbk 149
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03 Company
Profile
Information on Using the Services of Public
Accounting and Public Accounting Firm
PUBLIC ACCOUNTANT
Public Accountant Firm (KAP) Paul Hadiwinata, Hidajat, Arsono, Retno, Palilingan & Partners
FIRM (KAP)
Asscociation
PKF International
Networking
Address UOB Plaza Lantai 30 dan 42, Jl. M.H. Thamrin Lot 8 – 10, Jakarta Pusat
Nama AP Ary Daniel Hartanto
KAP Assignment Period 6th period
AP Assignment Period 4th period
Public Accounting Firm Services for the Audit of the Annual Consolidated Financial Statements of PT Bank
Audit Services Pembangunan Daerah Jawa Timur Tbk for the Year Ending December 31, 2024, Including the Sharia Business
Unit and Subsidiaries.
Audit Fee IDR 1,875,000,000
Non Audit Services No Audit Fee
Non Audit Fee No Audit Fee
150 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2024
Supporting Institutions
and/or Professions
PT PEMERINGKAT EFEK INDONESIA (PEFINDO)
Panin Tower-Senayan City, 17th Floor
Jl. Asia Afrika Lot 19 Jakarta 12170
Telp : (021) 727 82380
Fax : (021) 727 82370
Web : www.pefindo.com
Credit Rating Agency
Services Provided: Issuing ratings for debt securities issuance.
KJPP SUSAN WIDJOJO & REKAN
Menara Batavia, 28th floor Jl. KH Mas Mansyur Kav. 120, Jakarta 10220
Telp : (021) 5795 0155
Services Provided: Issuing ratings for debt securities issuance.
PT DATINDO ENTRYCOM
Jl. Hayam Wuruk No. 28, Jakarta 10120
Securities Telp : (021) 3508077
Administration Bureau Fax : (021) 3508078
Services Provided: Recording securities ownership and distributing rights related to securities.
PT BAHANA SEKURITAS
Graha Niaga, 19th Floor,
Jl. Jend. Sudirman Kav. 58, Jakarta 12190
Telp : (021) 250 5678
Fax : (021) 250 5087
Services Provided : Guarantee the sale of securities and the full payment of the issued securities’ value to the
Securities issuer.
Underwriter PT MANDIRI SEKURITAS
Plaza Mandiri, Floor 28-29
Jl. Jend. Gatot Subroto Kav. 36-38, Jakarta 12190 Indonesia
Telp : (021) 526 5678
Fax : (021) 526 505
Services Provided : Guarantee the sale of securities and the full payment of the issued securities’ value to the
issuer.
PT KUSTODIAN SENTRAL EFEK INDONESIA
Indonesia Stock Exchange Building, Tower I, 5th Floor
Jl. Jendral Sudirman Kav. 52– 53, Jakarta 12190
Telp : (021) 515 2855
Custodian Fax : (021) 5299 1199
Web : www.ksei.co.id
Services Provided: Providing collective custody of assets such as stocks and bonds, as well as performing
administrative duties for clients.
SITARESMI PUSPADEWI SUBIANTO, S.H.
Jl. Kebon rojo No. 2 CC, Surabaya 60175, Indonesia
Telp : (031) 351 1282, 352 1285, 353 2822
Notary Fax : (031) 352 2311
Services Provided: Drafting the Summary Deed of the General Meeting of Shareholders (GMS) and the Deed of
Minutes of the GMS.
PT Bank Pembangunan Daerah Jawa Timur Tbk 151
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03 Company
Profile
Awards
and Certification
No. Awards Events Organizer Date
Best Public Relation in Corporate Strategy to Increase Indonesia Public Relation
1. Warta Ekonomi January 25, 2024
Credit Distribution Growth kategori Regional Bank Awards (IPRA) 2024
Persatuan Wartawan
2. Bank Daerah Peduli UMKM Hari Pers Nasional 2024 February 01, 2024
Indonesia (PWI)
Top BUMD with Corporate Strategy to Increase Credit
3. Top BUMD Award 2024 Warta Ekonomi March 05, 2024
Distribution Growth kategori BPD
Platinum Awards Score 90,50 The Best Corporate Indonesia Corporate
4. Secretary & Communication kategori Asset lebih dari 100 Secretary & Communication Economic Review March 28, 2024
Triliun Awards (ICCA) ke IX
Peringkat I Best Bank Umum Konvensional 2024 kategori
5.
Aset 100 Triliun ke Atas
6. Peringkat I Best KPR Bank Umum Konvensional 2024
7. Peringkat I Best Tabungan Bank Umum Konvensional 2024
Peringkat I Best Internet Banking Bank Umum
8.
Konvensional 2024
13th Infobank - Isentia Digital
Infobank April 01, 2024
Brand Recognition 2024
Peringkat I Best Mobile Banking Bank Umum
9.
Konvensional 2024
10. Peringkat II Best Debit Card Bank Umum Konvensional 2024
11. Peringkat II Best Deposito Bank Umum Konvensional 2024
Peringkat II Best Wealth Management Bank Umum
12.
Konvensional 2024
13. The Best IT Leadership 2024 (Local Banking Industries)
The Best Digital Technology Project
14. Digital Technology &
(Local Banking Industries) itech April 04, 2024
Innovation Awards 2024
The Best Chief Information & Digital Officer of The Year
15.
(Local Banking Industries)
HUT Beritajatim.com 18
16. Tokoh Inspirasi “Busrul Iman” Beritajatim.com May 02, 2024
Tahun
The Best Human Capital for Contributing to Regional
Indonesia Human Capital
17. Income Through Digital Financial Service Programs Warta Ekonomi May 16, 2024
Awards 2024
(Category Regional Bank)
152 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2024
No. Awards Events Organizer Date
Best Leader for Transformation Progress Accelaration to Indonesia Financial Top
18. Warta Ekonomi May 16, 2024
Optimizing Market Potential (Category KBMI2 BPD) Leader Awards 2024
Investortrust.id dan
Platinum Plus Transparansi Perhitungan Emisi Korporasi Transparansi dan Penurunan
19. Bumi Global Karbon May 29, 2024
Terbaik 2024 Emisi korporasi Terbaik 2024
(BGK) Foundation
Excellent for The Financial Performance during The Asian Post Best Regional The Asian Post
20. May 31, 2024
September 2022-2023 Champion 2024 (infobank media group)
The Indonesian Living Legend
21. The Indonesian Living Legend Companies & Brand 2024 Majalah SWA June 10, 2024
Companies & Brand 2024
5th Anniversary Indonesia
22. Top Bank 2024 kategori KBMI 2 The Iconomics June 20, 2024
Top Bank Awards 2024
23. The 1st Best - Social Media
21st Infobank-MRI Banking
24. The 1st Best - Layanan Email Infobank July 02, 2024
Service
25. The 2nd Best - ATM
10 Consecutive Years in Services Excellence Regional 21st Infobank-MRI Banking
26. Infobank July 02, 2024
Bank Service
27. Best Bank kategori BPD KBMI II (Modal Inti >6T-14T) Best Bank 2024 Investortrust July 11, 2024
28. BUMD Inovatif dan Ekspansif Radar Surabaya Award 2024 Radar Surabaya July 12, 2024
Beritajatim.com X Suara.
29. Perusahaan Pendukung Pengembangan Media Lokal Jatim Media Summit 2024 July 25, 2024
com
Malam Apresiasi Satu
30. Transformasi Digital untuk Masyarakat Berita Satu/ B Universe July 25, 2024
Inspirasi 2024
Puncak Peringatan Hari
31. Dunia Usaha Peduli Anak Anak Nasional Provinsi Jawa Pemprov Jatim July 26, 2024
Timur 2024
32. Emiten High Deviden Apresiasi Emiten 2024 Tempo IDN July 26, 2024
Apresiasi Kerjasama Penyelenggaraan Layanan
Peresmian Operasional Bus
33. Pembayaran non tunai melalui QRIS pada Sistem Dishub Pemprov Jatim August 9, 2024
Transjatim Koridor IV
E-Ticketing Transjatim
Busrul Iman-Direktur Utama Bank Jatim atas Rekor Bank
34. Daerah dengan Akad Kredit Konsumer kepada Debitur HUT ke-63 Tahun Bank Jatim MURI Indonesia August 24, 2024
Terbanyak
Direktorat Jenderal
Rapat Koordinasi dan
Peringkat I Bank Penyalur Belanja Pemerintah Terbesar Perbendaharaan Kantor
35. Evaluasi Kinerja Pelaksanaan August 27, 2024
Semester I/2024 Wilayah Provinsi Jawa
Anggaran dan Seminar
Timur
September 19,
36. Program Inovatif Untuk Negeri Merdeka Award 2024 Merdeka.com
2024
37. Best Digitalization of Regional Banking Finance
September 25,
CNN Award 2024 CNN
2024
38. Outstanding Human Capital Transformation
PT Bank Pembangunan Daerah Jawa Timur Tbk 153
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03 Company
Profile
No. Awards Events Organizer Date
Komite Nasional
Annual Report Award (ARA)
39. Pemenang dalam kategori BUMD Keuangan Kebijakan Governansi October 7, 2024
2023
(KMKG)
CNBC Indonesia Awards
40. Best Regional Banks for ESG Investing CNBC October 8, 2024
2024: Best Regional Banks
Members Meeting & Awarding
41. The Most Growth ATM Bersama Artajasa October 18, 2024
Night ATM Bersama
Direktur Utama Bank Jatim Atas Dukungannya Melalui
Peringatan Hari Kesehatan
42. Corporate Social Responsibility (CSR) Dalam Upaya Pemprov Jatim October 18, 2024
Jiwa Sedunia 2024
Peningkatan Pelayanan Kesehatan Mental
Top 20 Financial Institution 2024 kategori Bank Beraset
43.
Rp100 Triliun S.D <Rp200 Triliun berpredikat SANGAT BAGUS
Top 20 Financial Institution
The Finance October 22, 2024
2024
Bapak Edi Masrianto sebagai Best CFO Category Bank
44.
versi The Finance
PT Rintis Sejahtera
45. Best Issuer Bank (ATM)-Platinum Award Prima Awards 2024 October 24, 2024
(Jaringan Prima)
Piagam Penghargaan Atas Sinergitas Dalam November 02,
46. 62th Bapenda Jatim Gubernur Jawa Timur
Meningkatkan PKB dan BBNKB 2024
47. BUMD Peduli Penyiaran Anugerah Penyiaran KPID KPID Jatim November 12, 2024
The Best CEO Special Mention Outstanding Internasional TOP CEO Indonesia Awards
48. Tempo IDN November 15, 2024
Banking Activities/ Remittance Transaction 2024
Asia Sustainability Reporting
49. Gold Rank NCCR November 21, 2024
Rating 2024
November 25,
50. Akselerator Pengembangan UMKM detikjatim Awards 2024 detikjatim
2024
Infobank Top 100 CEO & The
November 29,
51. Bankers of The Year 2024 200 Future Leader Forum Infobank
2024
2024
BUMD yang Berkolaborasi Terhadap Pelaksanaan Puncak Peringatan Hari
52. Pemprov Jatim December 3, 2024
Program-Program Sosial di Jawa Timur Disabilitas Internasional
BPS/BPIH Pendaftar Haji Muda Terbaik Nomor 1 (kategori
53.
BPD-UUS) Annual Meeting
dan Awarding Mitra
54. BPS/BPIH Pendaftar Haji Nomor 2 (kategori BPD-UUS) BPKH December 13, 2024
Penghimpunan BPKH Tahun
Rewarding Umroh Pencapaian Terbaik Semerster Dua 2024
55.
(kategori BPD)
Indonesia CEO Excellence 2024 for Fostering Business
Indonesia CEO Excellence
56. Transformation to Create Positive Growth, Category Warta Ekonomi December 19, 2024
2024
Regional Bank4
Busrul Iman Direktur Utama Bank Jatim: Visionary and Sekolah Pascasarjana
57. Pasca Award 2024 December 21, 2024
Economic Pillars of Regional Growth Universitas Airlangga
154 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2024
Certification
ISO 37001:2016
Anti-Bribery ISO/IEC 27001:2022 ISO/IEC 20000-1:2018
Management System
Validation: Validation: Validation:
December 18, 2023– October 15, 2022 – August 10, 2023-
December 17, 2026 October 20, 2025 August 09, 2026
Recipient: Recipient: Recipient:
Bank Jatim Bank Jatim Bank Jatim
Issued by: Issued by: Issued by:
PT TUV Nord Lembaga Sertifikasi Lembaga Sertifikasi
Indonesia Bureau Veritas Indonesia Bureau Veritas Indonesia
PT Bank Pembangunan Daerah Jawa Timur Tbk 155
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03 Company
Profile
Information Available
on the Website
The availability of information on website refers to the Regulation of OJK No. 8/
POJK.04/2015 regarding Website of Issuers or Public Companies. Thus, Bank Jatim
has provided various key information on its official website, such as information on
shareholders, organizational structure, financial performance analysis, as well as profiles
of Board of Commissioners and Board of Directors. In addition, the Bank’s website
displays the following information;
YOUR NEEDS PROFILE CAREER
Contains all information on customer Contains information on Bank’s Profile, Contains information on Career
and community needs which include Management, and Awards. Management and Information on
Savings, Financing, Business, Sharia, Recruitment.
Services, Investor Relations, Corporate
Governance, Bank Jatim Peduli,
Interest Rates, and Information.
MSME PARTNER INTERNET BANKING ONLINE REGISTRATION
Contains information on MSME Contains information on Bank Jatim’s Contains options for e-form credit
Partners of Bank Jatim accessible by Internet Banking usage guide and applications, providing convenience for
the public and the Bank’s customers. Internet Banking Portal. prospective customers in applying for
credit.
156 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2024
Information Description
Shareholder information up to individual final owners Available
Contents of the Code of Conduct Available
Information on the General Meeting of Shareholders (GMS) at least includes the
material for the agenda discussed in the GMS, summary of the minutes of the
GMS, and important date information, namely the date of the announcement Available
of the GMS, the date of the sum-mons for the GMS, the date of the GMS, the
date of the summary of the minutes of the GMS was announced.
Separate annual financial statements (last 5 years) Available
Profile of the Board of Commissioners and Directors Available
Charter of the Board of Commissioners, Board of Direc-tors, Committees, and
Available
the Internal Audit Unit
PT Bank Pembangunan Daerah Jawa Timur Tbk 157
Page 160
158 PT Bank Pembangunan Daerah Jawa Timur Tbk
Page 161
Management
Discussion and
Analysis on Bank
Performance
04
PT Bank Pembangunan Daerah Jawa Timur Tbk 159
Page 162
04 Management Discussion and Analysis
on Bank Performance
Economic
Review
Global Economic Analysis
Global economic conditions in 2024 are faced with various Amid these geopolitical tensions and policies affecting
challenges, especially related to geopolitical conditions due to international relations, global economic growth in 2024
the ongoing Russia - Ukraine conflict, as well as the re-election reached 3.2%. Advanced economies experienced relatively
of President Donald Trump with his America First policy. These slow growth, at 1.7%, while developing countries, despite facing
factors have increased the risk of heightened fragmentation similar challenges, grew by 4.2%. On the other hand, the Middle
in global trade and investment, as well as greater uncertainty East and Asia, which also faced various political and economic
in global financial markets, which impacts global economic challenges, recorded growth of 2.4%, even though tensions
growth. continue in several regions.
Table of Global Economic Growth Projections
WEO January 2025
Region WEO October 2024
2024 2025 2026
Global Economy 3.2 3.2 3.3 3.3
Developed Countries 1.8 1.7 1.9 1.8
Amerika 2.8 2.8 2.7 2.1
Eropa (Euro Area) 0.8 0.8 1.0 1.4
Jepang 0.3 (0.2) 1.1 0.8
Inggris 1.1 0.9 1.6 1.5
Developing Countries 4.2 4.2 4.2 4.3
China 4.8 4.8 4.6 4.5
India 7.0 6.5 6.5 6.5
Middle East & Central Asia 2.4 2.4 3.6 3.9
Source: World Economic Outlook (WEO), International Monetary Fund (IMF), January 2025
Divergences in economic growth patterns among countries downward compared to previous projections. However, the U.S.
are expected to continue as global economic and trade economy is expected to remain strong due to improvements
fragmentation intensifies. The IMF’s January 2025 World in employment conditions, rising domestic demand, and
Economic Outlook report revised the growth projections for controlled inflation. This has led to market expectations for the
Developed Countries, including Japan and the United Kingdom, Fed Funds Rate being lower than earlier estimates.
160 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2024
National Economic Analysis
Despite the dynamic global conditions, Indonesia’s national economic performance remained resilient, although it experienced a
relative slowdown compared to the previous year. In 2024, the national economy grew cumulatively by 5.03%, driven primarily by
strong domestic demand from the household sector and supported by a responsive mix of economic policies.
National Economic Growth (%)
5.17 5.02 5.31 5.05
5.03
3.70
(2.07)
2018 2019 2020 2021 2022 2023 2024
GDP Distribution (%)
53.71
30.12
23.36
9.96
1.37
(21.28)
Non-Profit
Gross Fixed Institutions
Household Capital Government Serving
Exports Imports
Consumption Formation Consumption Households
(GFCF) (NPISH)
Consumption
Source: Official Statistics Report, Statistics Indonesia (BPS), February 2025
The national economic structure continues to be underpinned growth compared to the previous year. The highest growth was
by the manufacturing, trade, agriculture, construction, and recorded in the Other Services sector, while the lowest growth
mining sectors. Cumulatively, all economic sectors posted occurred in the agriculture, forestry, and fisheries sector. This
positive growth, even though some sectors experienced lower lower growth was influenced by climatic and weather factors.
PT Bank Pembangunan Daerah Jawa Timur Tbk 161
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04 Management Discussion and Analysis
on Bank Performance
Economic Growth by Sector
19.87
13.96
11.94
10.52
10.00 9.80
9.47
8.69 8.56
8.11
7.02
5.53 5.34
4.89 4.64 4.85 4.86 4.91 4.67 4.96 5.20
4.43
2.75
2.25 2.01
1.31
0.67
Health
Trade, Car and Agriculture, Transportation Accommodation
Manufacturing and Social
Motorcycle Forestry, and Construction and and Food Other Services Others
Industry Activities
Repair Fisheries Warehousing Service Provider
Services
2022 2023 2024
The Five Largest Economic Sectors
20.27% Manufacturing Industry
13.02% Wholesale and Retail Trade
11.33% Agriculture, Forestry, and Fisheries
9.77% Construction
7.39% Mining and Quarrying
Source: Official Statistics Report, Statistics Indonesia (BPS), February 2025
National economic stability was also supported by low inflation, year, the Rupiah depreciated by 4.34% (ptp), yet it performed
recorded at 1.57%, which is lower than the 2.61% in 2023. In better than other currencies such as the Korean Won, Mexican
addition, maintained external resilience helped preserve the Peso, Brazilian Real, Japanese Yen, and Turkish Lira.
stability of the Rupiah exchange rate. Compared to the previous
Source: Financial Stability Review, Bank Indonesia, February 2025
Banking Industry Analysis
The stability of the national financial system is also supported by the resilience of the banking industry. This resilience is evident from
high intermediation performance, maintained credit quality, and relatively strong capital performance, accompanied by a gradually
improving Non-Performing Loan (NPL) ratio year over year. The overall performance of the banking industry is as follows.
Table of National Banking Performance
Description 2024 2023 2022 2021 2020
Intermediation
Bank Loans IDR7,827.15 trillion IDR7,090.24 trillion IDR6,423.56 trillion IDR5,768.59 trillion IDR5,481.56 trillion
10.39% yoy 10.38% yoy 11.35% yoy 5.24% yoy (2.41%) yoy
162 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
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Description 2024 2023 2022 2021 2020
Third-Party Funds (TPF) IDR8,837.24 trillion IDR8,457.93 trillion IDR8,153.59 trillion IDR7,479.46 trillion IDR6,665.39 trillion
4.48% yoy 3.73% yoy 9.01% yoy 12.21% yoy 11.11% yoy
Capital
Banking CAR 26.76% 27.75% 25.62% 25.66% 23.89%
Interest Rates
BI Rate 6.00% 6.00% 5.50% 3.50% 3.75%
Financial Services Institution (FSI) Ratio
Credit Risk
Gross NPL 2.08% 2.19% 2.44% 3.00% 3.06%
Liquidity Risk
LDR 89.05% 84.11% 78.98% 77.49% 82.54%
Source: Indonesian Banking Statistics, Financial Services Authority (OJK), December 2024 (processed data)
In 2024, bank loans grew by 10.39% year over year, which is minor decrease is attributed to aggressive credit expansion,
slightly higher than the 10.38% growth in 2023. This reflects faster asset growth relative to capital, and the constantly
the strength and adaptability of Indonesia’s banking sector. evolving economic conditions.
Similarly, Third-Party Funds (TPF) increased by 4.48% year
over year, compared to 3.73% in 2023. This indicates a stronger Credit quality remained robust. The gross NPL ratio in 2024
public preference for more liquid savings instruments amid improved to 2.08% from 2.19% in 2023. This improvement
ongoing economic dynamics. reflects the success of Indonesian banks in managing credit
risk effectively, supported by appropriate economic policies
Along with credit and TPF growth, the Indonesian banking and innovations in risk management. Nonetheless, it remains
sector also demonstrated solid performance in terms of the crucial for banks to continuously maintain credit quality and
Capital Adequacy Ratio (CAR). In 2024, the banking CAR was remain vigilant to potential risks arising from changes in both
recorded at 26.76%, a slight decline from 27.75% in 2023. This domestic and global economic conditions.
Analysis of Bank Jatim’s Position in the Banking Industry
Compared to its national banking industry peers and Regional Development Bank of Indonesia (BPD SI), Bank Jatim’s performance
growth is as follows.
Table of Bank Jatim Growth Performance Compared to BPD SI and the National Banking Industry
National Banking Industry (IDR
Bank Jatim (IDR Billion) BPD SI (IDR Billion)
Billion)
Performance
December December Growth December December Growth December December Growth
2024 2023 (yoy) 2024 2023 (yoy) 2024 2023 (yoy)
Assets 102,074 103,855 (1.72%) 1,021,878 985,415 3.70% 12,460,955 11,765,838 5.91%
Loans 64,057 54,761 16.98% 645,772 606,680 6.44% 7,827,148 7,090,243 10.39%
Third-Party Funds
77,496 78,197 (0.90%) 752,685 730,333 3.06% 8,837,242 8,457,929 4.48%
(TPF)
Source: Indonesian Banking Statistics, Financial Services Authority (OJK), December 2024; Bank Jatim Financial Statements 2024 (processed data)
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04 Management Discussion and Analysis
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Along with the overall stability of the national banking industry, As of December 2024, Bank Jatim’s CASA and NIM ratios
Bank Jatim’s financial performance throughout 2024 was were 65.14% and 5.86%, respectively. Both ratios were higher
solid. Although Bank Jatim’s asset performance declined by compared to the national banking industry and BPD SI. This
1.72% due to a decrease in the TPF component, the bank’s loan indicates that Bank Jatim performed very well in managing
disbursement performance grew significantly by 16.98%, above low-cost funds (CASA) and generating income (NIM). The
both the national banking industry and BPD SI peers. In terms higher ratios relative to the national banking industry and BPD
of financial ratios, although some components were slightly SI demonstrate Bank Jatim’s competitive advantage, which can
lower compared to the industry and BPD SI peers, overall, Bank have a positive impact on its profitability and competitiveness
Jatim’s financial performance ratios remained well maintained in the banking market.
throughout 2024.
Table of Bank Jatim Financial Ratios Compared to BPD SI and the National Banking Industry
December 2024 December 2023
Ratio
Banking Banking
Bank Jatim BPD SI Bank Jatim BPD SI
Industry Industry
Current Account Saving Account (CASA) 65.14% 54.25% 63.39% 63.61% 55.75% 63.04%
Net Interest Margin (NIM) 5.86% 5.24% 4.72% 5.57% 5.52% 4.92%
Non Performing Loan (NPL) Gross 3.45% 2.48% 2.08% 2.49% 2.18% 2.19%
Return on Assets (ROA) 1.60% 1.76% 2.72% 1.87% 1.98% 2.78%
Capital Adequacy Ratio (CAR) 23.49% 25.77% 26.76% 25.71% 25.91% 27.75%
Loan to Deposit Ratio (LDR) 82.05% 85.91% 89.05% 70.03% 83.03% 84.11%
Operating Expenses to Operating Income
81.89% 81.13% 81.45% 77.27% 78.38% 78.94%
(BOPO)
Source: Indonesian Banking Statistics, Financial Services Authority (OJK), December 2024; Bank Jatim Financial Statements 2024 (processed data)
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Operational
Review
Bank Strategic Plan
The bank’s strategic plan comprises a long-term corporate plan 4. Disbursing productive loans selectively in sectors with high
and medium- to short-term business plans. potential in East Java Province to boost regional economic
growth.
Long-Term Strategy 5. Enhancing bank profitability by increasing the CASA
ratio, improving credit quality, delivering sustainable
Bank Jatim has a long-term strategic plan in the form of the financial services, boosting foreign exchange revenue, and
Corporate Plan 2024-2028. In order to support the strategic developing other digital and customer-centric products.
objectives, targets, and to address gaps in achieving its vision, 6. Meeting the funding needs of the Sharia Business Unit
the bank’s policy direction is as follows: and developing sharia business in accordance with OJK
1. Internalizing the corporate culture practiced at Bank Jatim. Regulation No. 12 of 2023 on Sharia Business Units.
2. Achieving both organic and inorganic growth through the 7. Improving digital-based services and building an ecosystem
Bank Business Group (KUB) scheme or other structures to among local governments and non-governmental entities.
realize the bank’s vision.
3. Optimizing intermediation functions by redesigning the The main strategy is concentrated in 43 strategic initiatives
credit process through organizational restructuring, for strengthening and development, which cover the strategic
reengineering business processes, developing human initiatives for both Bank Jatim and the Sharia Business Unit.
resources, and implementing performance management. These strategic initiatives are mapped across seven business
areas and three enablers. They are executed in two phases:
one to strengthen capabilities and capacity, and another to
accelerate business implementation and growth.
Diagram of Grand Roadmap
2024 2025 2026 2027 2028
Strengthening
Capabilities & Capacity
Accelerating Implementation & Business Growth
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04 Management Discussion and Analysis
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The bank’s long-term targets are set in a business strategy in accordance with the Corporate Plan 2024-2028. The bank’s business
strategy for the next five years is divided into 7 business areas and 3 enabler areas.
Diagram of Business Strategy
Vision
To become the No. 1 Regional Development Bank in Indonesia
Mission
Retail & MSMEs Consumer Commercial & Funds Treasury & Sharia Corporate
[RKM] [KSR] Corporate [DNA] International [SYR] Actions
[KSK] Banking [KRP]
[TRI]
Governance, Risk, & Compliance
[GRC]
Organization & Information Technology
[OIT]
Human Capital, Culture, & Performance Management
[HCM]
The execution of the business strategy is cascaded into strategic initiatives grouped into two segments: Continuously Competency
Enhancement and Selective Market Capture Acceleration.
Strategic Initiatives Diagram
Treasury dan
Retail & MSMEs Consumer Funds
International Banking
13. Refining the value proposition and the competitive 17. Refining the competitive 21. Optimizing treasury business and
advantage of products and service standards advantage of products and service foreign exchange bank licensing
for Retail & MSME/non-State Civil Apparatus standards for retail DPK/priority (increasing revenue beyond
consumer loans [RKM-1] [KSR-1] banking [DNA-1] intermediation margins) [TRI-1]
Selective Markt Capture
Acceleration
14. Intensifying the marketing and sales of Retail 18. Expanding and intensifying
& MSME/non- State Civil Apparatus consumer marketing and sales programs for
loan products, aligned with sectoral potential and fund products [DNA-2]
branch office segmentation [RKM-1] [KSR-2] 19. Accelerating the development of Corporate Actions
15. Expanding alliances/fintech/eCommerce branchless banking (card-based
and ecosystem-based business with local and gadget/cardless) [DNA-3]
governments, regionally owned enterprises and 20. Developing alliances/fintech/
communities [RKM-3] [KSR-3] 22. Increasing the Bank’s business
eCommerce and ecosystem-based
volume growth inorganically
business with local governments,
through equity participation under
state-owned enterprises/
the Bank Business Group scheme
Commercial & Corporate regionally owned enterprises, and
[KRP-1]
communities (in East Java and
selected areas outside East Java)
[DNA-4]
16. Accelerating medium and corporate loan sales in
selected sectors and target markets [KSK-1]
Human Capital, Culture, & Organization & Information Governance, Risk, &
Performance Management Technology Compliance
Continously Competency
Enhancement
1. Intensifying the internalization of corporate 5. Refining the next-stage 10. Refining and updating policies/
culture through derivative development organizational structure (business- guidelines [GRC-1]
(sales, credit, risk & compliance, digital, and & customer-centric) [OIT-1] 11. Formulating Risk Assessment
performance-based culture) [HCM-1] 6. Reorganizing branch roles and Criteria (RAC) that serve as a key
2. Fulfilling manpower requirements and enhancing functions inside and outside East focus for the banking industry
personnel competencies, as well as developing Java (developing credit centers, [GRC-2]
employee welfare programs [HCM-2] services, priority, and institutional 12. Developing Portfolio Risk
3. Refining Human Capital management and banking) [OIT-2] Management to optimize credit
strengthening the Human Capital Business 7. Accelerating digitalization efforts processes based on environmental,
Partner function [HCM-3] and IT security [OIT-3] social, and governance principles
4. Refining the implementation of the performance 8. Protecting customers’ personal [GRC-3]
management system and ensuring supporting data [OIT-4]
tools are in place [HCM-4] 9. Establishing a dedicated function
or team to analyze high-potential
industry sectors [OIT-5]
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Medium-Term Strategy optimizing the core banking system, enhancing
infrastructure management, developing innovative
In the medium term of 2025-2026, the grand roadmap business applications, and improving IT system security.
strategy is in the phase of Accelerating Implementation and 2. To enhance the performance of the Sharia Business Unit in
Business Growth. In this phase, business expansion is carried accordance with OJK Regulation No. 12/POJK/2023, Bank
out by leveraging the enhanced capabilities developed in the Jatim is implementing the Dual Banking Leverage Model
first year. The medium-term targets include: (DBLM) strategy.
1. Intensifying the internalization of corporate culture and its 3. Pursuing inorganic business growth through equity
derivative developments. participation in financial institutions or via the Bank
2. Meeting the adequacy requirements and enhancing the Business Group
competencies of business personnel. 4. Planning to issue a Sustainable Public Offering by issuing
3. Refining Human Capital management and strengthening bonds.
the Human Capital Business Partner function. 5. Refining the implementation of the performance
4. Refining the implementation of the performance management system (enhancing KPI effectiveness).
management system and ensuring supporting tools are in 6. Transforming the organizational structure, human capital
place. (Human Capital Transformation), and digital banking.
5. Refining the advanced organizational structure and its 7. Optimizing policy and procedure forums to ensure effective
derivative developments. and efficient internal regulatory discussions.
6. Accelerating the digitalization of business processes and 8. Planning an office and service network, especially new
support functions. branch offices, and expanding electronic networks in high-
7. Refining the value proposition and competitive advantage potential locations.
of products and service standards for retail and MSME/ 9. Accelerating credit growth supported by the five pillars of
non-State Civil Apparatus consumer credit. Bank Jatim’s transformation.
8. Intensifying the marketing and sales of retail and MSME/ 10. Increasing trade finance transactions.
non-State Civil Apparatus consumer credit products in line 11. Enhancing the acquisition of low-cost funds to boost CASA.
with sector potential and branch area segmentation. 12. Strengthening institutional relationships with government
9. Accelerating medium and corporate loan sales in selected and private sector agencies.
sectors and target markets.
10. Refining the competitive advantage of products and service
standards for retail/priority banking DPK. Marketing Aspects
11. Accelerating the development of branchless banking (card-
based and gadget/cardless). Marketing Strategy
12. Developing alliances with fintech/eCommerce and
ecosystem-based business with local governments, SOEs/ In line with Bank business development and Government
Regional Owned Enterprises, and communities (selected in programs , Bank Jatim continued to improve its marketing
East Java and outside East Java). strategy by conducting promos. Which follows and adjusts
13. Optimizing treasury business and foreign exchange bank National Day’s themes, and support Government’s Programs by
licensing (increasing revenue beyond intermediation implementing educative activities and comprehensivefinancial
margins). literacy to certain customers or certain groups.
14. Achieving balanced and sustainable organic business
growth, as well as inorganic business growth through As one of the Regional Development Bank which also manage
equity participation in financial institutions or via the Bank The Third Paty Funding and Number of Account in a big amount,
Business Group Bank Jatim also appreciates its customer by organizing price
draw events in “SIKLUS and SIMPEDA” accounts.
Short-Term Strategy
Bank Jatim is also consistant in a sponsorship activity which
In line with the bank’s policy direction and considering the collaborate with government or private institutions, do a
latest economic developments, management has formulated promotion through an open space medium such as videtron
the strategic focus for 2024 to achieve sustainable business and billboard which aims for building corporate image, product
growth as follows: image, and customer awareness for the growth of Third Funding
1. Implementing the Perfect-I strategy, which focuses on Parties and Bank Jatim’s Number of Accounts.
strengthening the organization, improving IT policies,
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04 Management Discussion and Analysis
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Bank Jatim also doing collaboration with corporate institutions in the Government Internal Control System application. Bank
such as in ministry, province, and city levels in order to provide Jatim has become a pioneer in the implementation of Digital
financial service for Civil Servants and non Civil Servants. Population Identity in Indonesia. The other strategy is done
Besides that, developing product and digital services as the by enhancing mobile banking feature and corporate internet
form of Bank Jatim support toward the economic development banking, especially for payment transaction. The other
in East Java. Those collaborations accelerate non-cash digitalization development is interconnected by utilizing API
transaction activities, especially the utilization of Cash (Open Banking) for information and technology, increasing
Management System (CMS) by Budget Implementation Work ecosystem energy to collaborate with banks / fintech in order
Unit for The State Budget, Dashboard Development Virtual to lift up collaboration amounts with the Institutional Partners.
Account, online Letter of Fund Disbursement Authorization
Market Share
Bank Jatim’s performance in facing competition from regional development banks (BPD SI) and the national banking industry tends
to be fluctuating. Compared to the regional banking industry, Bank Jatim’s key financial performance market share is positive in
the loan disbursement component, while the market share for assets and third-party funds tends to decline compared to the same
period in the previous year.
Table of Bank Jatim Market Share Compared to BPD SI (in IDR Billions)
December December Increase/
Description Notes
2024 2023 Decrease
Total Assets BPD SI 1,021,878 985,415 36,463
Bank Jatim 102,074 103,855 (1,781)
Market Share (%) 9.99% 10.54% (0.55%)
Third-Party Funds BPD SI 752,685 730,333 22,352
Bank Jatim 77,496 78,197 (701)
Market Share (%) 10.30% 10.71% (0.41%)
Loans Disbursed BPD SI 645,772 606,680 39,092
Bank Jatim 64,057 54,761 9,296
Market Share (%) 9.03% 9.92% 0.89%
Source: Indonesian Banking Statistics, Financial Services Authority (OJK), December 2024; Bank Jatim Financial Statements 2024 (processed data)
Market share analysis for Bank Jatim compared to BPD SI Nevertheless, Bank Jatim succeeded in registering an increase
in December 2024 shows changes in both assets and loan in its loan disbursement market share by 0.89%, reaching
disbursement. In 2024, the market share for assets and third- 9.03% in 2024. This increase reflects the bank’s success
party funds were recorded at 9.99% and 10.30%, respectively. in strengthening its position in the credit market despite
There was a decline in market share for assets and third- intensifying competition. Focus on targeted credit expansion,
party funds compared to the previous period. This decline service innovation, and the utilization of digital technology
was influenced, among other factors, by a decrease in current have been key factors in Bank Jatim’s credit growth strategy.
accounts, due to changes in the operational needs of local
governments and agencies, as well as intense interest rate
competition with competitors.
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Diagram of Bank Jatim Market Share Compared to BPD SI December 2024
9.99% 10.03% 9.03%
ASSETS TPF LOANS
90.01% 89.70% 90.97%
BPD SI Bank Jatim
Diagram of Bank Jatim Market Share Compared to BPD SI December 2023
10.54% 10.71% 9.92%
ASSETS TPF LOANS
89.46% 89.29% 90.08%
BPD SI Bank Jatim
Table of Bank Jatim Market Share Compared to the Indonesian Banking Industry (in IDR Billions)
December December Increase/
Description Notes
2024 2023 Decrease
Total Assets Banking Industry 12,460,955 11,765,838 695,118
Bank Jatim 102,074 103,855 (1,781)
Market Share (%) 0.82% 0.88% (0.06%)
Third-Party Funds Banking Industry 8,837,242 8,457,929 379,313
Bank Jatim 77,496 78,197 (701)
Market Share (%) 0.88% 0.92% (0.05%)
Loans Disbursed Banking Industry 7,827,148 7,090,243 736,904
Bank Jatim 64,057 54,761 9,296
Market Share (%) 0.82% 0.77% 0.05%
Source: Indonesia Banking Statistics – Financial Services Authority December 2024; Bank Jatim Internal Data
A similar condition occurred in Bank Jatim’s market share compared to the national banking industry. Positive performance was
observed in the loan disbursement component, while the asset and third-party funds components tended to decline compared to the
same period in the previous year.
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04 Management Discussion and Analysis
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In line with the BPD SI market share, Bank Jatim’s market share On the other hand, the market share based on third-party
compared to the Indonesian banking industry in December funds experienced a slight decline of 0.05%, from 0.92% in
2024 shows an increase in the loan disbursement side. The December 2023 to 0.88% in December 2024. This decline
market share based on loan disbursement was recorded at was influenced by a drop in giro accounts due to changes in the
0.82% in December 2024. This increase indicates that the operational needs of local governments and agencies, intense
growth in Bank Jatim’s loan disbursement performance interest rate competition with competitors, and increased
exceeded the overall growth of the banking industry. Positive savings withdrawals by customers. The market share for assets
national and regional economic conditions have also supported also declined in line with the decrease in third-party funds,
this increase, providing a strong foundation for Bank Jatim to dropping by 0.06% from 0.88% in 2023 to 0.82% in 2024.
achieve even better performance in 2025.
Diagram of Bank Jatim Market Share Compared to the Indonesian Banking Industry December 2024
0.82% 0.88% 0.82%
ASSETS TPF LOANS
99.18% 99.12% 99.18%
Banking Industry Bank Jatim
Diagram of Bank Jatim Market Share Compared to the Indonesian Banking Industry December 2023
2.29% 0.92% 0.77%
ASSETS TPF LOANS
97.71% 99.08% 99.23%
Banking Industry Bank Jatim
Operation Review Per Business Description and Productivity of Conventional
Segment Segments
Operational segments of Bank Jatim are based on business A description of the explanation and productivity of the
segments which include conventional banking (loan, third conventional segment of Bank Jatim is presented as follows.
party funds and other services) and sharia segment (sharia
third party funds, sharia financing and other sharia services). Loan
Conventional Segment Bank Jatim‘s loan consists of Micro Loan, Retail and Medium
Loan, Corporate and Syndication Loan, and Consumer Loan.
Bank Jatim conventional segment consisted of credit/loan Explanations of each loan product have been presented in the
products, third party funds/deposits and services. Profile section of the Product and Services Sub-Chapter in this
Annual Report.
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Chart of Loan Productivity
(in IDR Millions)
33,241,018
30,256,043
11,184,250
9,328,208
6,674,026 6,635,264 6,766,222 7,377,495
Micro Retail and Corporate and Consumer
Loans Medium Loans Syndication Loans Loans
2023 2024
MICRO LOANS
Bank Jatim’s Micro Loans is a credit given to small enterprneur to fund productive business needs either for investment or working
capital needs with maximum plafond is 500 million rupiahs.
Productivity of Micro Credit is explained below :
Table of Micro Loans Productivity (in IDR Millions)
Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Financial Technology Loan (Amartha) 215,085 687,209 (472,124) (68.70%)
Bank Jatim Micro Loan 3,388,113 2,021,999 1,366,114 67.56%
Restructuring Loan 95,000 77,846 17,155 22.04%
SiUMI Loan (Micro Small Cycle) 11,067 29,506 (18,439) (62.49%)
Micro Business Loan 5,606,265 3,854,756 1,751,509 45.44%
KUMK SU-005/Government Investment Credit 784 951 (167) (17.56%)
Cattle Breeding Business Loan 0 641 (641) (100.00%)
Laguna Loan 68 118 (50) (42.37%)
Warehouse Receipt Subsidy 9,900 1,000 8,900 890.00%
Non-Personal Productive CCC 863 0 863 100.00%
Dagulir Executing 65,337 0 65,337 100.00%
Total Micro Loans Distribution 9,328,208 6,674,026 2,654,182 39.77%
Total micro loan distribution in 2024 amounted to IDR9.33 trillion, an increase of 39.77% compared to IDR7.29 trillion in 2023. This
increase was primarily driven by the growth in Micro Business Loan of IDR1.75 trillion, Bank Jatim Micro Loan of IDR1.36 trillion, and
Dagulir Executing Loan of IDR65.3 billion.
The skim growth of People’s Business Credit and Micro Jatim is influenced by internal and external factors. Internal factors consist
of application development of micro credit processing, quality account officer upgrade, performance monitoring and evaluation,
reward and punishment based on performance, micro product segment completion and refocusing target market. Meanwhile,
external factors are related to the condition of Micro, Small, and Medium Enterprises, off take collaboration, synergy with government
institution, distribution to micro enterprise cluster.
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Tabel Jumlah NoA Kredit Mikro (in NoA)
Growth
Description 2024 2023
NoA %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Financial Technology Loan (Amartha) 115,446 195,085 (79,639) (40.82%)
Bank Jatim Micro Loan 26,678 17,943 8,735 48.68%
Restructuring Loan 518 423 95 22.46%
SiUMI Loan (Micro Small Cycle) 234 542 (308) (56.83%)
Micro Business Loan 57,172 39,293 17,879 45.50%
KUMK SU-005/Government Investment Credit 3 5 (2) (40.00%)
Cattle Breeding Business Loan - 2 (2) (100.00%)
Laguna Loan 7 11 (4) (36.36%)
Warehouse Receipt Subsidy 20 2 18 900.00%
Total NoA Micro Loans 200,381 253,306 (52,925) (20.89%)
Total micro loan accounts in 2024 amounted to 200,381, a decrease of 20.89% compared to 253,306 in 2023. This decline was
primarily due to a reduction of 79,639 accounts in Financial Technology (Amartha) Loans as a result of stopping lending for the
Financial Technology (Amartha) Loan product.
Graph of Micro Loan Distribution Graph of Micro Loan Accounts (NoA)
(in IDR Millions) (in NoA)
9,328,208
253,306
6,674,026 200,381
Micro Loan Distribution Micro Loan Accounts (NoA)
2023 2024 2023 2024
Micro Loans Strategy in 2024 Micro Loans Competitive Advantage and Innovation
The description of the Micro Loans strategy implemented in Competitive Advantage and Innovation Micro Loans are as
2024 is as follows: follows:
1. Optimalization of People’s Business Credit 1. Fast process
2. Optimalization Fintech collaboration 2. Easy requirements
3. Reward for account officer 3. Competitive interest rate
4. Digitalize the credit process 4. Paperless
5. Weekeng banking 5. Digitalization of the credit process
6. Reward referral
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Micro Loans Business Prospect 2025 Micro Loans Strategy in 2025
Based on data from the East Java Department of Cooperatives Description of the Micro Loans strategy that will be implemented
and MSMEs, there are currently about 9 million MSMEs in in 2025 is presented as follows:
East Java. Bank Jatim’s market share for micro-segment 1. Diversification of target market
MSME financing is only around 0.7%, which corresponds to 2. Optimalization of People’s Business Credit distribution
approximately 69,743 debtors financed with micro loans. 3. Digitalization of credit process
Consequently, the future outlook for Bank Jatim’s micro loan 4. Collaboration with off taker in agriculture sector, fisheries,
business appears promising. and livestock
5. Synergy with government institution
6. Referral rewards
RETAIL AND MEDIUM LOANS
Bank Jatim’s Retail and Medium Loans are productive loans with a credit limit of over IDR500 million up to IDR25 billion for the Retail
Segment and over IDR25 billion up to IDR50 billion for the Medium Segment. These loans are managed by the Retail and Medium
Loans Division.
Retail and Medium Loan Productivity is presented as follows.
Table of Retail and Medium Loan Productivity (in IDR Millions)
Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Retail Segment 10,931,531 6,305,177 4,626,354 73.37%
Medium Segment 252,719 330,087 (77,368) (23.44%)
Total Retail and Medium Loan Distribution 11,184,250 6,635,264 4,548,986 68.56%
Total retail and medium loan distribution in 2024 amounted to Medium Segment Loans in 2024 amounted to IDR252.71 billion,
IDR11.18 trillion, an increase of 68.56% compared to IDR6.64 a decrease of 23.44% compared to the cut-off segmentation in
trillion in the previous year. This increase was primarily driven 2023 of IDR330.08 billion. One of the factors contributing to
by the growth in retail loan distribution of 73.37%, or IDR4.62 the decline was the decrease in Cooperative Credit to Members
trillion. (KKPA), which fell by IDR69.5 billion compared to the previous
year.
Retail Segment Loans in 2024 amounted to IDR10.93 trillion,
an increase of 73.37% compared to the cut-off segmentation in
2023 of IDR6.30 trillion.
Table of Number of Retail and Medium Loan Accounts (in NoA)
Growth
Description 2024 2023
NoA %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Retail Segment 22,881 13,483 9,398 69.70%
Medium Segment 887 3,719 (2,832) (76.15%)
Total Retail and Medium Loans 23,768 17,202 6,566 38.17%
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Total number of retail and medium loans in 2024 was 23,768, an from the previous year’s acquisition of Bank Jatim Retail
increase of 38.17% compared to 17,202 in 2023. This increase Current Account Loans.
was primarily driven by the growth in retail segment accounts
of 69.70%, or 9,398 accounts. The number of medium segment loans in 2024 was 887, a
decrease of 76.15% compared to 3,719 in 2023. One of the
The number of retail segment loans in 2024 was 22,881, an factors contributing to the decline was the decrease in the
increase of 69.70% compared to 13,483 in 2023. This increase number of accounts (NoA) for Cooperative Credit to Members
was due to the realization of Bank Jatim Retail Current Account (KKPA), which dropped by 2,695 compared to the previous
Loans amounting to 2,190 accounts, an increase of 311.65% year.
Graph of Retail and Medium Loan Distribution and NoA
22,881 3,719
330,087
10,931,531
252,719
13,483
6,305,177
887
Retail Segment Loan Medium Segment Loan
NoA Retail Segment NoA Medium Segment
Distribution Distribution
(NoA) (NoA)
(in IDR Millions) (in IDR Millions)
2023 2024
Retail and Medium Loan Strategy 2024 14. Promoting loan products through Bank social media.
The strategies for Retail and Medium Loans in 2024 are as 15. Conducting training on loan marketing, loan analysis, and
follows: loan monitoring.
1. Entering into cooperation agreements with sugar factories, 16. Conducting training on the use of the loan application.
both state-owned and private. 17. Conducting training on trade finance.
2. Entering into cooperation agreements with associations of 18. Conducting training on legal aspects of lending.
MSME operators in East Java. 19. Evaluating pricing (rates and tariffs).
3. Collaborating with Ministries, Regional Governments, and 20. Evaluating the Loan SOP.
other agencies to hold MSME product exhibitions. 21. Evaluating the E-Loan credit analysis application
4. Collaborating with Ministries, Regional Governments, and
other agencies to conduct training and financial literacy for Competitive Advantage and Innovation of Retail
MSMEs. and Medium Credit
5. Collaborating with Ministries, Regional Governments, and The competitive advantages and innovations of Retail and
other agencies to organize business matching activities for Medium Credit are as follows:
MSME products. 1. For credit schemes to cooperatives for their members
6. Involving MSMEs in the Trade Mission Program of the East (KKPA) the credit period can be up to 15 years.
Java Provincial Government. 2. For BPR linkage schemes the credit period can be up to 15
7. Creating an MSME Award program. years.
8. Developing company branding using MSME products. 3. Acceleration of the credit process through application
9. Holding gatherings with Housing/Developer Associations. development.
10. Holding gatherings with other business associations. 4. Competitive interest rates with competitor banks.
11. Evaluating loan disbursement performance. 5. Credit installment schemes can be adjusted to the needs of
12. Promoting the online loan application (Jconnect E-Loan). the debtor.
13. Promoting loan products through MSME exhibitions.
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Retail Loan Business Prospects 2025 6. In collaboration with Ministries, Regional Governments, and
The Retail Credit Division in 2025 will focus on maximizing other agencies, organizing business matching activities for
the potential of all credit schemes in the Retail Segment. This MSME products.
includes financing for contractors through the Contractor Credit 7. Including MSMEs in the Trade Mission Program of the East
Scheme, particularly for projects funded by APBD/APBN. At Java Provincial Government.
the same time, lending to MSMEs will not be overlooked, with 8. Holding gatherings with Housing/Developer Associations.
Bank Jatim Retail Loans offered through both the Installment 9. Holding gatherings with other business associations.
and Current Account schemes. 10. Evaluating loan disbursement performance.
11. Conducting training on credit marketing, credit analysis,
Retail Loan Strategy 2025 and credit monitoring.
The strategy for Retail Loans to be implemented in 2025 is 12. Conducting training on using the loan application.
presented as follows: 13. Conducting training on trade finance.
1. Entering into cooperation agreements with sugar plantation 14. Conducting training on the legal aspects of lending.
companies, both state-owned and private. 15. Conducting training on the preparation of financial reports.
2. Entering into cooperation agreements with associations of 16. Conducting training on risk management (credit risk
MSME operators in East Java. mitigation).
3. Entering into cooperation agreements with Developer 17. Conducting training on procurement of goods and services
Associations. for government.
4. In collaboration with Ministries, Regional Governments, and 18. Evaluating pricing (rates and tariffs).
other agencies, holding MSME product exhibitions. 19. Evaluating the loan SOP.
5. In collaboration with Ministries, Regional Governments, and 20. Evaluating the E-Loan credit analysis application.
other agencies, conducting training and financial literacy
sessions for MSMEs.
CORPORATE AND SYNDICATION LOANS
Bank Jatim Corporate Loans are productive loans with a credit limit of over IDR50 billion for the Corporate Segment. These loans are
managed by the Corporate and Syndication Credit Division.
Productivity of Corporate and Syndication Loans is presented as follows.
Table of Productivity of Corporate and Syndication Loans (in IDR Millions)
Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Corporate and Syndication Segment 7,377,495 6,766,222 568,427 8.35%
Total distribution of Corporate Loans in 2024 amounted to IDR7.38 trillion, an increase of 8.35% compared to IDR6.76 trillion in 2023.
This was driven by growth in general investment and syndication loan distribution.
Table of NoA of Corporate and Syndication Loans (in NoA)
Growth
Description 2024 2023
NoA %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Corporate and Syndication Segment 105 108 (3) (2.78%)
Total number of Corporate and Syndication Loans in 2024 was 105 NoA, a decrease of 2.78% compared to 108 NoA in 2023. This
decline was caused by several loan accounts for KKPA being repaid.
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Graph of NoA and Corporate & Syndication Loan Distribution
(in IDR Millions)
108
7,377,495
6,766,222 105
Corporate and Syndication Loan Distribution Corporate and Syndication NoA
2023 2024 2023 2024
Corporate and Syndication Loan Strategy 2024 Corporate Business Prospect 2025
The strategy executed by the Commercial, Corporate, and In 2025, the Corporate and Syndication Loans Division will
Syndication Loan Division in 2024 is presented as follows: focus on prospecting among state-owned enterprises (BUMN),
1. Building an organized and visualized sales pipeline. local governments (PEMDA), BLUD, and private companies
2. Providing stimulus for credit restructuring and credit within Bank Jatim’s working area, leveraging a pipeline built
monitoring. through both bilateral and syndication financing channels.
3. Collaborating with other banks to provide Syndication
financing for government projects as well as prospective Corporate Strategy 2025
private enterprises. The strategy for 2025, as formulated by the Corporate and
4. Participating in green financing (environmentally friendly Syndication Loans Division, is outlined as follows:
based). 1. Building an organized and visualized sales pipeline.
5. Enhancing the prospect of the Number of Accounts (NoA) 2. Providing stimulus for credit restructuring and credit
in potential sectors by: monitoring.
a. Mapping potential sectors based on sector 3. Collaborating with other banks to provide syndication
characteristics where there is potential and smooth financing for government projects as well as prospective
cash flow. private enterprises.
b. Approaching debtors to join debtor business 4. Participating in green financing (environmentally friendly
associations and obtaining a list of prospective debtors. based).
c. Making proposals to SOEs/BUMD and private 5. Enhancing the prospect of the Number of Accounts (NoA)
companies. in potential sectors by:
6. Conducting socialization on the updated SOP of the a. Mapping potential sectors based on sector
Corporate & Syndicated Loans Division and organizing characteristics where potential and smooth cash flow
training sessions to improve the skills of personnel in the exist.
field. b. Approaching debtors to join debtor business
associations and obtaining a list of prospective debtors.
Competitive Advantage and Innovation in Corporate and 6. Making proposals to SOEs, local governments, BLUD, and
Syndication Loans private companies.
Corporate & Syndicated Loans Division has established the
following partnerships:
1. Collaborating with companies related to receivables
financing using a Supply Chain Finance (SCF) mechanism
for vendors or suppliers.
2. Partnering with other financial institutions to provide credit
facilities to companies in the export commodities sector.
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CONSUMER LOANS
Consumer Loans consisted of Multipurpose Loans, Employee Loans, Cash Collateral Credit (CCC), Motor Vehicle Loans, Property
Loans and Gold Backed Loans. A description of each Consumer Loan product is presented in the Profiles section of the Products and
Services Sub-Chapter in this Annual Report.
Consumer Loan Productivity is described as follows:
Consumer Loan Productivity Table (in IDR Millions)
Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Multiguna Loan 28,132,911 25,193,188 2,939,723 11.67%
Employee Loan 1,946,391 2,023,504 (71,113) (3.51%)
Deposit Credit (Cash Collateral Credit) 78,613 773,812 (695,199) (89.84%)
Motor Vehicle Loan 711,530 330,692 380,838 115.16%
Gold Collateral Loan 10,744 6,828 3,916 57.35%
Property Loan 2,487,932 1,928,019 559,913 29.04%
Total Consumer Loan Distribution 33,368,121 30,256,043 3,112,078 10.29%
Total Consumer Loan in 2024 reached IDR33.37 trillion, an percentage of growth, motor vehicle loan recorded the highest
increase of 10.29% compared to 2023 which was IDR30.26 growth at 115.16% while Cash Collateral Loan decreased by
trillion. The increase mainly came from the growth of Multiguna 89.84% and Employee Loan also decreased by 3.51%.
Loan by 11.67% or IDR2.94 trillion. When viewed from the
Number of Loan Debtors Consumer Table (in Debtors)
Growth
Description 2024 2023
Debtors %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Multiguna Loan 308,567 269,038 39,529 12.81%
Employee Loan 7,283 6,931 352 4.83%
Deposit Credit (Cash Collateral Credit) 513 1,166 (653) -127.29%
Motor Vehicle Loan 4,522 2,784 1,738 38.43%
Gold Collateral Loan 212 202 10 4.72%
Property Loan 9,567 8,713 854 8.93%
Total Consumer Loan Debtors 330,664 288,834 41,830 12.65%
In line with the nominal growth of Consumer Loan, the number of Bank Jatim Consumer Loan debtors in 2024 was recorded at
330,664 debtors, an increase of 41,830 debtors or 12.65% compared to 2023 which was 288,834 debtors. The increase in the
number of debtors mainly came from the growth of debtors from Multiguna Loan which was 39,529 debtors.
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Consumer Loan Distribution and Debtors Graph
33,368,120 330,664
30,256,043 288,834
Consumer Loan Distribution Consumer Debtors Loan
(in IDR Millions) (Debtors)
2023 2024 2023 2024
The description of each Consumer Credit and Property ● Gold Collateral Loan
productivity is outlined below: Gold Collateral Loan in 2024 amounted to IDR10.74 billion,
● Multiguna Loan an increase of IDR3.92 billion or 36.45% compared to
Multiguna Loan in 2024 amounted to IDR28.133 trillion, an IDR6.83 billion in 2023. The number of Gold Collateral
increase of IDR2.94 trillion or 10.45% compared to 2023 Loan debtors increased by 10 debtors or 4.72% from 202
of IDR25.19 billion. The number of Multiguna Loan debtors debtors in 2023 to 212 debtors in 2024. The scheme can
increased by debtors or 12.81% from 269,038 debtors in de jure be implemented in all Bank Jatim work areas, but in
2023 to 308,567 debtors in 2024 fact, the scheme only has 2 (two) market share areas in the
● Employee Loan Kangean and Bawean branches. This has an impact on the
Employee Loan in 2024 amounted to IDR1.946 trillion, a decline in outstanding Gold Collateral Loan.
decrease of IDR77 billion or 3.96% compared to 2023 of ● Property Loan
IDR2.023 trillion. The decrease in outstanding was due Property Loan in 2024 amounted to IDR2.49 trillion, an
to the absence of interest rate reduction stimulus since increase of IDR559.91 billion or 22.51% compared to 2023
2020, considering that the scheme is in kind in the form of IDR1.93 trillion. The number of Property Loan debtors
of employee facilities that tend not to be profit-oriented. increased by 854 debtors or 8.93% from 8,713 debtors in
The number of Employee Loan debtors increased by 352 2023 to 9,567 debtors in 2024.
debtors or 4.83% from 6,931 debtors in 2023 to 7,283
debtors in 2024. Consumer Loan Strategy 2024
● Deposit Credit (Cash Collateral Credit) The description of the Consumer Loan strategy for 2024 is as
Cash collateral credit in 2024 amounted to IDR78.61 billion, follows:
a decrease of IDR695.19 billion or 884.33% compared to 1. Focus on expansion to selected Regional Government
2023 of IDR773.81 billion. The number of cash collateral Organizations (OPD).
credit debtors decreased by 653 debtors or 127.29% from 2. Optimization of Internal Database using Pipeline
1,166 debtors in 2023 to 513 debtors in 2024. Management application.
● Motor Vehicle Loan 3. Digitalization (E-Kmg V2 and paylater).
Motor Vehicle Loan in 2024 amounted to IDR711.53 billion, 4. AO Incentive Program for Multiguna Loan realization.
an increase of IDR380.63 billion or 53.52% compared to 5. Internal (employee) and external (general public) Multiguna
IDR330.69 billion in 2023. The number of Motor Vehicle Loan Referral Reward Program.
Loan debtors increased by 1,738 debtors or 38.43% from 6. Multiguna Loan Marketing Executive Program.
2,784 debtors in 2023 to 4,522 debtors in 2024. 7. Development of KKPD phase 2 (two) to maximize
transactions and Regional Government spending budget.
8. Multiguna Loan Umrah Lottery Program Phase-1.
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Meanwhile, to maximize profits from property investment in 1. Stable economic growth and increasing purchasing power
2024, several strategies that can be implemented include: are the main pillars for the property sector, because
1. Property loan interest rate promotion. increasing income in line with economic growth drives
2. Cashback on property loan provision fees. purchasing power, especially for primary needs such as
3. Gathering of developers and property agents. housing.
4. October stimulus program Multiple benefits (OKB) 2. The increasing demand for housing, especially in urban
installment subsidies. areas, is one of the main drivers of the high demand for
5. Collaboration with developers and property agents and residential property.
developer associations. 3. Rapid infrastructure development, such as toll roads,
6. Rewards for property loan account officers. high-speed trains, and mass transportation, will increase
7. Exhibition and Expo Semarak Lelang. property values in the surrounding area.
4. Digitalization and technology will be one of the main pillars
Competitive Advantage and Innovation in Consumer Loan that change the way people search for, buy, and manage
The competitive advantages and innovations of Consumer property.
Loan are as follows: 5. The focus on sustainability and environmentally friendly
1. For the multiguna loan scheme, debtors are given a reward housing will be increasingly in demand, along with the
program to perform the Umrah pilgrimage. increasing public awareness of its importance.
2. For the multiguna scheme, it also provides referral
rewards for internal banks (employees) and external (bank Consumer Loan Strategy 2025
customers) to increase the growth of multiguna loan. Consumer Loan Strategies to be implemented in 2025 include
3. Various rewards for prospective debtors ranging from the following:
cashback on provision fees, installment subsidies and 1. Focus on expansion to selected Regional Government
interest rate promos. Organizations (OPD).
4. Providing stimulus to improve account officer performance 2. Optimization of internal database using pipeline
with various rewards given in order to increase consumer management application.
loan growth. 3. Digitalization (E-Kmg V2 and paylater).
5. Acceleration of the loan process through application 4. Cooperation between PTN/PTS (KMG Education).
development. 5. Multiguna loan referral reward incentive program.
6. Competitive interest rates with competitor banks. 6. Optimization of pension and pre-retirement segments by
using fronting agent services.
Consumer Loan Business Prospects in 2025 7. Development of KKPD phase 2 (two) to maximize
In 2025, the focus will be to maximize expansion to selected transactions and budget of Regional Government spending.
Regional Apparatus Organizations (OPD) that still have great 8. KKB Expo all branches with marketing method of opening
potential, such as the Education Office, Health Office, Regional stands in strategic places such as Health Office, Education
Civil Service Agency, Hospitals, State Universities (PTN) and Office, markets and exhibition places in each city.
Private Universities (PTS). The Consumer Loan Division will 9. Maximizing profits from property investment in 2025
also focus on developing digital products to accelerate business including through:
processes and accommodate the needs of flexible payments a. In-depth market research to understand market
from the community and the shift in the trend of using quick dynamics and current trends.
pay from credit cards to pay later. b. Selection of strategic locations with good growth
prospects and high accessibility.
In addition, the business prospects for property loan in 2025 c. Portfolio diversification to spread investment across
look very promising with several factors supporting the various types of properties and locations.
growth of this sector. Stable economic growth and increasing d. Paying attention to sustainability aspects for
purchasing power are the main pillars for the property sector, investment in environmentally friendly and sustainable
because increasing incomes in line with economic growth properties.
drive purchasing power, especially for primary needs such as e. Several programs that have been prepared by the
housing. Several property market trends that are predicted to Consumer Loan Division to maximize the performance
dominate in 2025 include: of Property Loan in 2025 are described in the following
table
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Consumer Loan Division Program Table in Maximizing Property Loan Performance in 2025
No Activity/Program Name Purpose
1 Property World Cooperation (PKS) Building an environmental ecosystem for property
2 Gathering, monitoring and evaluation with all branches and partners Optimizing property loan achievement.
in each branch area
3 External marketing recruitment program for referrals. Increasing property loan realization by utilizing freelance marketing
as referrals.
4 Implementation of E-KPR (including scoring credit). Improving services, developing banking technology and improving
business processes
5 Initiating KPR and KKBP promotional programs as follows: Targeting prospective debtors and KPR and KKBP enthusiasts for
a. Cashback by Provisi the addition of new NOA and outstanding property loans.
b. Buy a house with home furnishings as a prize
c. Interest rates promotion
d. Promotions for takeover debtors
6 Adding insurance partners and evaluating insurance that has a. Reducing insurance costs that are too high.
collaborated. b. Evaluating the provisions in the Developer PKS so that they
become more competitive for prospective debtors.
7 Proposed new programs/products: Promotions for loyal debtor segments and priority debtors based on
a. Extra Benefits KPR tiering.
b. Instant Approval for Bonafide Developers and Priority
Customers
8 Addition/change to SOPs related to property products. To increase the selling power of property loan products
9 Referral reward program according to SOP and ALCO guidelines. To increase customer lifetime value and customer retention by
offering or recommending property loan products to others.
Third Party Funds
Bank Jatim’s conventional segment third party funds consist of current accounts, savings and deposits.
Third Party Funds Productivity Graph
(in IDR Millions)
31,462,456
28,815,896
28,454,652
27,011,513
20,926,362
19,021,559
Current Account Savings Deposits
2023 2024
CURRENT ACCOUNT
Giro or current account is a deposit that can be withdrawn at any time by using check/transfer form and other payment order
facilities, or by way of transfer. Bank Jatim’s current account is online at all of its branches so that withdrawals and deposits can
be made at all branches while Bank Jatim’s check/ transfer form can be cleared anywhere (Intercity Clearing); Bank Jatim Cuurent
Account could also be opened in Rupiah and foreign currency (EUR, JPY, SGD, USD, AUD, HKD, and CNY). Bank Jatim Current Account
was available for the public (individuals and companies), as well as for local governments.
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Bank Jatim’s Current Accounts Productivity is described as follows:
Current Accounts Productivity Table (in IDR Millions)
Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Local Government Current Accounts 13,936,739 14,804,571 (867,832) (5.86%)
General Current Accounts 4,999,722 5,945,579 (945,857) (15.91%)
Total 18,936,461 20,750,151 (1,813,690) (8.74%)
Current Accounts in 2024 reached IDR18.93 trillion, down by 8.74% compared to 2023 which reached IDR20.75 trillion. The decrease
mainly came from General Current Accounts of 15.91% or IDR945.86 billion and Regional Government Current Accounts of 5.86%
or IDR867.83 billion.
SAVINGS
Bank Jatim savings consisted of Simpeda Savings, Hajj Savings, Siklus Savings, TabunganKu (My Saving), Student Savings (SIMPEL),
Smart Savings (SiPandai) Siklus Nelayan (Sinyal).
Bank Jatim Savings productivityis described as follows:
Table of Savings Productivity (in IDR Millions)
Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Simpeda 17,141,838 16,534,451 607,387 3.67%
Siklus 4,595,056 3,914,574 680,483 17.38%
Siklus Prioritas 3,892,196 3,206,809 685,387 21.37%
Hajj Savings 15,596 17,161 (1,565) (9.12%)
Tabunganku 4,716,114 4,240,336 475,778 11.22%
Simpel Savings 128,964 102,555 26,409 25.75%
Sinyal Savings 390 414 (23) (5.62%)
Total 30,490,156 28,016,300 2,473,856 8.83%
Total Savings in 2024 reached IDR30.49 trillion, an increase of 8.83% compared to 2023 which reached IDR2 8.02 trillion. The
increase mainly came from the increase in growth of Siklus Prioritas Savings which reached IDR685.39 billion.
The description of savings performance is presented as follows: ● Siklus
● Simpeda The amount of funds collected from the Siklus Savings
In 2024, the amount of Simpeda Savings is IDR17.14 trillion, in 2024 amounted to IDR4.59 trillion, an increase of
an increase of IDR607.39 billion or 3.67% compared to IDR680.48 billion or 17.38% compared to 2023 of IDR3.91
2023 of IDR16.53 trillion. This is in line with the increase trillion. This is in line with the increase in the number
in the number of Simpeda Savings customers, which also of Siklus Savings customers, which also increased by
increased by 4.45% due to the growth of financial literacy 23% due to Bank Jatim’s collaboration with the Regional
in the regions. Government for the distribution of Social Assistance funds
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and the implementation of the DPK promo program using increase is in line with the number of TabunganKu product
the Siklus Savings product. customers due to the large number of financially literate
● Siklus Prioritas enthusiasts in schools.
The amount of funds collected from Siklus Prioritas Savings ● Simpanan Pelajar (Simpel)
in 2024 amounted to IDR3.89 trillion, an increase of The amount of Student Savings (SIMPEL) in 2024 is
IDR685.39 billion or 21.37% compared to 2023 of IDR3.21 IDR128.96 billion, an increase of IDR26.41 billion or 25.75%
trillion. This is in line with the increase in the number of compared to 2023 of IDR102.55 billion. This is in line with
Siklus Prioritas Savings customers, which also increased the increase in the number of Student Savings (Simpel)
by 20.87% due to the implementation of the DPK Promo customers due to the increase in promotional programs in
Program using Siklus Prioritas Savings Products. the student environment.
● Hajj Savings ● Simpanan Nelayan (Sinyal)
The amount of Hajj Savings in 2024 is IDR15.59 billion, The amount of Nelayan Savings (Sinyal) in 2024 is IDR390
down by IDR1.56 billion or 9.12 compared to 2023 which million, down by IDR23 million or 5.62% compared to 2023
was IDR17.16 billion. of IDR414 million. This is in line with the decrease in the
● Tabunganku number of Sinyal Savings customers considering that the
The amount of funds raised from TabunganKu products in population of fishermen is smaller and people are more
2024 is IDR4.72 trillion, an increase of IDR475.78 billion interested in Simpeda Savings due to the existence of prize
or 11.22% compared to 2023 of IDR4.24 trillion. The and draws promo.
DEPOSITS
Time deposits are the best choice for individuals and companies who want to invest their funds in a safe and reliable place. Funds
are guaranteed by the Government through the Deposit Insurance Corporation (LPS) with certain conditions. Time Deposits can be
opened in Indonesia Rupiah and Foreign Currency (USD and SGD).
Bank Jatim Deposits productivity is described as follows:
Deposits Productivity Table (in IDR Millions)
Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Deposits 27,011,513 28,454,652 (1,443,139) (5.07%)
Bank Jatim deposits can be used as collateral for loan with competitive interest rates and can be negotiated. Deposits in 2024
reached IDR27.01 trillion, down 5.07% compared to 2023 which reached IDR28.45 trillion. This is in line with the absorption of
PEMDA funds for payment of Regional Government projects.
Third Party Fund Strategy in 2024 4. Optimizing QRIS Implementation through the 0% MDR
The description of the strategy for increasing third party funds Promo program, QRIS merchant branding, transaction
carried out in 2024 is as follows: promos at QRIS merchants, QRIS merchant acquisition
1. Distribution of Assistance Programs with Non-Cash events, and sponsorship events.
Systems. 5. Thematic DPK Promo Programs for priority and non-
2. Implementating a joint commitment between the Governor priority customers include Sincia, Kareem, Customer
of East Java, OJK, and the Education Office in East Java in Get Customer, Top Up Merdeka, Cashpro, Kasih Angpao,
order to open savings accounts for every student in East Ketupat Lebaran, Jagoann Seri 1, Setia, Jagoann Seri 2, Yes
Java (KEJAR). Top Up, Yes Fresh Fund, and Simata.
3. Implementing literacy and financial inclusion activities in 6. The Simpeda Savings Lottery Program which is held
collaboration with OJK and local governments targeting nationally 2 times and regionally 1 time.
areas with the lowest student account ownership. 7. Participation in Financial Inclusion Month activities
organized by OJK.
8. Events sponsorship participation in Bank Jatim’s work area.
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9. Product and service promotion through social media, 2. Implementing a joint commitment between the Governor
outdoor media, and collaboration with influencers in East of East Java, OJK, and the Education Department of East
Java. Java to open a savings account for every student in East
10. Optimization of support to branches by actively Java (KEJAR).
participating in accelerating the deposit negotiation 3. Conducting Simpel Day activities and promoting financial
application process. literacy and inclusion in collaboration with OJK and
11. Branch assistance in approaching corporate customers governments from local areas with the lowest student
to explore the potential for fund placement by company account ownership.
management. 4. Participating in Financial Inclusion Month activities
12. Branch assistance in approaching corporate customers. organized by OJK.
13. Promotional programs for Corporate Current Account (Go- 5. Expanding Financial Services Cooperation in the retail and
Speed). individual segments through QRIS.
14. Optimization of institutional customer cooperation on 6. Enhancing Bank Jatim’s QRIS features, including QRIS
funding cooperation opportunities such as payment of Crossborder, Tuntas, and CPM.
membership fees, claim payments, distribution of TNI/Polri 7. Optimizing QRIS implementation through initiatives such as
and ASN pension salaries. the 0% MDR Promo Program for selective merchants, QRIS
15. Gathering with prospective customers in the private sector branding merchant, transaction promotions, merchant
with the East Java CEO community. acquisition events, and sponsorships.
8. Executing a thematic DPK Promotional Program for both
Competitive Advantage and Innovation of Third Party Funds priority and non-priority customers.
1. Financial education and literacy services in the field of 9. Participating in sponsorships for events within Bank Jatim’s
education in East Java. operational areas.
2. Transaction promotional program at Bank Jatim QRIS 10. Implementing a Bank Jatim branding program in
merchants. collaboration with local governments.
3. Real-time QRIS transaction fund settlement services. 11. Hosting customer gatherings to strengthen relationships
4. Providing added value to customers in the form of lottery and foster a heart-to-heart service approach.
programs and cashback promotions to all types of 12. Organizing the Simpeda Savings Lottery Program, held
customers. nationally twice and regionally once per year.
5. Increasing bonding between customers and Bank Jatim so 13. Promoting products and services through social media,
that it will form a heart-to-heart service to customers. radio, outdoor media, and collaborations with influencers
6. Collaboration with branches in the approach to closing and in the East Java region.
maintaining corporate customers. 14. Optimizing support for branches by actively accelerating
the process of submitting negotiated deposit applications.
Business Prospect of Third-Party Funds for 2025 15. Assisting branches in engaging corporate customers
The business prospect of third party funds is as follows: to explore potential fund placements by company
1. Thematic DPK promotional program for both priority and management.
non-priority segment customers. 16. Introducing new savings products with special features
2. KEJAR (One Student One Account Program. tailored to customer needs, including Business Savings
3. Optimization of QRIS implementation to increase the and Term Savings.
number of merchants and merchant transactions. 17. Engaging with potential communities, associations, and
4. Savings Lottery Program. markets to explore DPK opportunities, particularly in the
5. Establishment of new partnerships and maintaining corporate sector.
existing relationships with retail and individual customers. 18. Expanding financial services through collaborations with
6. Promotional Program for Special Current Account (Go- various ministries and departments at both the provincial
Speed). and district/city levels, reinforcing Bank Jatim’s support for
7. Optimization of existing corporate customer potential by East Java’s economic development.
expanding coverage from upstream to downstream within 19. Collaborating with Business and Non-Business Divisions,
the customer ecosystem. as well as branches, to map potential corporate customers.
20. Developing and utilizing payment ecosystems on Bank
Third-Party Fund Strategies for 2025 Jatim’s partner e-commerce platforms, including Kompas
The strategies of third party funds to be implemented in 2025 Gramedia Group, Blibli.com, and JatimBejo.
are as follows:
1. Collaborating with the East Java Provincial Government
for the Distribution of Aid Programs through a Non-Cash
System.
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21. Developing a web-based Regional Finance Electronification 22. Initiating the centralization of fund management
system to enhance monitoring efforts for all regional agreements for Regional Business Service Agencies
agencies, particularly Bank Jatim. (BLUD), utilizing Bank Jatim’s financial service facilities,
both through offline services and digital programs.
Other Services
Other services consist of Treasury, International Banking and Bank Jatim Custodian.
TREASURY
In line with Treasury’s role as one of the pillars of Bank Jatim’s Treasury instruments both in the money market and capital
profit growth supported by professional and reliable staff, the market with yield enhancement motives. Conversely, if funds
Treasury Division continued to improve Treasury business were needed other than third party funds; the Treasury’s role
activities. The main role of the Treasury in banking was to was to seek funds in the market either through interbank loans,
maintain adequate bank liquidity and be responsible for repos or issuance of debentures. Bank Jatim Treasury business
managing the bank’s assets and liabilities as well as making an included money market transactions (money market), securities
optimal contribution to Bank Jatim’s profits in the form transactions (fixed income) and foreign exchange transactions
of interest and non-interest income (fee base income). In its (foreign exchange) which are carried out by dealing room units
management, banks faced global and domestic markets which under the Treasury Division. These transactions are interbank
moved very dynamically so that they had to always go hand in conducted with Bank and non-Bank counterparties (securities).
hand with the latest market developments, especially from a
regulatory and business perspective. The Treasury Business of Bank Jatim managed portfolio of
placements with Bank Indonesia, placements with other banks,
Treasury business basically became a complement and securities, and reverse repos. As of December 2024, on a
balancing the main business of the bank in the field of year-on-year (YoY) basis, portfolio management decreased by
fundraising and lending as an intermediary institution. Treasury 24.73%, from IDR36,430 billion in 2023 to IDR27,421 billion in
functioned to optimize access to existing funds in various 2024.
Graph of Total Treasury Asset Management
(in IDR Millions)
45,281,074
43,251,010
36,430,876
33,911,368
27,421,397
2020 2021 2022 2023 2024
Total Treasury Asset Management Position as of December 2023-2024 (in IDR Millions)
Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Total Treasury Asset Management 27,421,397 36,430,876 (9,009,478) (24.73%)
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The decline in Treasury asset management led to a year- As a result of this decline, the Bank recorded a decrease in
on-year (YoY) decrease in interest income from investment Treasury business performance, with interest income totaling
returns across all Treasury portfolios in 2024 compared to IDR1,919 billion in 2024. Additionally, fee-based income from
2023. Despite this decline, the downward trend in interest foreign exchange transactions (Telegraphic Transfers and
rates throughout 2024 was effectively leveraged. Throughout Bank Notes) and securities gains contributed IDR26.10 billion,
the year, Bank Indonesia (BI) adjusted its benchmark interest marking a 63% increase amounting to IDR9.6 billion in 2023.
rate multiple times in response to inflationary pressures and This brought the total Treasury income to IDR1,946 billion in
exchange rate volatility. In September 2024, BI lowered its 2024.
benchmark rate from 6.25% to 6%, maintaining this level until
December.
Table of Treasury Productivity 2023-2024 (in IDR Millions)
Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Placement with Bank Indonesia - 1,000 (1,000) (100.00%)
Placement with Other Banks 1,068 3,914 (2,846) (72.71%)
Securities 16,498 15,282 1,216 7.96%
Reverse Repo Receivables 607 6,234 (5,627) (90.26%)
Repo Obligations 9,170 8,230 940 11.42%
Borrowing 78 1,770 (1,692) (95.59%)
Total 27,421 36,430 (9,009) (24.73%)
Uncertainty in geopolitical relations between major economies Bank Jatim’s liquidity conditions in 2024 experienced a slight
can trigger a global economic downturn through conflicts, decline compared to the previous year but remained ample due
trade disputes, shifts in international political dynamics, and to significant growth in credit and financing. To optimize income
currency fluctuations. Exchange rate volatility significantly from idle funds, the Bank continued to allocate the largest portion
impacts a country’s import and export competitiveness. for securities management in the capital market, as this portfolio
Meanwhile, fluctuations in global commodity prices, such offered relatively high yields compared to other instruments. The
as oil, metals, and agricultural products, pose substantial purchase of securities was primarily aimed at meeting regulatory
challenges to the Treasury Division. Throughout 2024, Bank requirements, including the Macroprudential Liquidity Buffer
Indonesia lowered the BI 7-Day Reverse Repo Rate (BI7DDR) (PLM) ratio, and the Macroprudential Intermediation Ratio (RIM)
by 25 basis points, from 6.25% to 6.00% by year-end. These also served as a strategic investment instrument to enhance the
economic shifts had a direct impact on Treasury activities, Bank’s interest income.
both globally and domestically. The annual decline in Treasury
income was primarily driven by a decrease in total Treasury Bank Jatim efficiently managed liquidity in 2024 by maintaining
asset management, many of which were reallocated in 2024 compliance with Bank Indonesia’s regulations on Minimum
to lending, which offered higher yields than Treasury’s yields. Statutory Reserves (GWM) and Net Open Position (PDN). The
Additionally, market risk management remained a key focus realization of Rupiah GWM as of December 31, 2024 stood
for Treasury portfolio management in 2024, particularly in at 6.79%, including a 4% GWM incentive, compared to Bank
response to falling interest rates, which directly influenced Indonesia’s requirement of 9%. Meanwhile, the realization of
yields and securities prices. To navigate these challenges, GWM in foreign exchange as of December 31, 2024 was 9.03%,
the Bank implemented portfolio reprofiling measures while exceeding Bank Indonesia’s minimum requirement of 4%. The
maintaining a strong focus on risk management. Net Open Position (PDN) was 0.64% as of December 31, 2024,
still within Bank Indonesia’s limit of 20%.
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Treasury Competitive Advantage and Innovation To navigate these challenges, banks and financial institutions
Bank Indonesia develops money market in alignment with must adopt the right strategies, such as maintaining credit
the strengthening of its monetary management strategies. quality, controlling costs, and enhancing operational efficiency.
Money market development is perfomed across key aspects Additionally, they must remain prepared for changes in
such as participants, products, pricing, and infrastructure to the market and global economy. Treasury will continue to
create integration, interconnectedness, and interoperability. play a vital role in optimizing Bank Jatim’s business growth
Additionally, repo market development is aligned with the through effective liquidity management, fundraising, profit
transformation of monetary management through the maximization, and increased transaction volumes, which aligns
implementation of primary dealers in monetary operations to with Treasury’s commitment to making positive contributions
reinforce the effectiveness and transmission of Bank Indonesia’s to the bank. In managing idle funds, Treasury will optimize
monetary policy. To meet the monetary policy targets and investments in high-yield instruments by implementing the
prosper at money market development, Bank Indonesia has principle of prudence and particularly maintaining the existing
enhanced monetary operations participation, fostering a well- securities portfolio. Furthermore, synergy and partnerships
functioning market and deep money market while serving as a with counterparties will be strengthened to support Treasury
primary dealer to maintain its role as the lender of last resort. business development, all while upholding prudential principles.
As part of this effort, Bank Jatim was appointed as a primary
dealer for monetary operations on May 14, 2024. In this role, To manage liquidity, the Bank focuses on providing short-term
Bank Jatim actively participates in money market transactions liquidity for normalization (up to a three-month tenor) following
and redistributes liquidity to contribute to the ongoing money year-end repos and enhancing liquidity ratios. Meanwhile, to
market development. boost fee-based income from foreign exchange transactions,
Treasury will actively participate in the development and
Business Prospect and Strategy of Treasury for 2025 finalization of mobile cross-currency services. This initiative
In 2025, Bank Jatim will continue to face challenges in the aims to increase transaction volumes, generate fee-based
Treasury business, particularly due to tight liquidity and high income, and expand the Bank’s market share through the
cost of fund. Additionally, credit growth is expected to slow, optimization of Treasury products and services, fostering
requiring the bank to focus on maintaining credit quality and sustainable business growth. Additionally, in adherence to
controlling the non-performing loan (NPL) ratio. Furthermore, the principle of prudence, the Treasury Division will launch
interest rate changes in both the United States and Indonesia a program to upgrade banknote detectors with the latest
may impact liquidity conditions and credit growth. These software.
factors could increase geopolitical uncertainty, affecting global
economic stability and business growth.
INTERNATIONAL BANKING
International Banking products include remittance transactions, Vision:
export-import transactions, and domestic L/C transactions. An 1. To make Bank Jatim as the first and leading Regional
explanation of each product has been presented in the Products Development Bank (BPD) through the efforts to develop
and Services Sub-Chapter Profile section in this Annual Report. trade finance products (product re-engineering) and
comprehensive marketing strategies
International Banking is managed by International Banking 2. To create a comprehensive Bank Jatim Remittance service
Division. International Banking Devision was formed in July to meet customer needs by paying attention to the speed,
2023 in accordance with the Decree Number: 061/218/ accuracy, and security of transactions.
DIR/PRS/KEP dated December 7, 2022 concerning the
Organizational Structure and Work Procedure. The International Mission:
Banking Division has duties and responsibilities to business 1. To create, develop, and maintain Bank Jatim’s trade
management In the form of remittance, trade finance, and bank finance and remittance products and services in order to
to bank business. For Remittance and Trade Finance business, get a comparative and competitive advantage and market
The Internatinal Banking Division has responsibility for acceptance.
managing the end to process, from marketing to operational 2. To build a marketing system capable to drive Trade Finance
processes. To contribute to the company revenue and principle marketing activities and all Bank Jatim work units as
of Corporate Governance, as follows: an effort to increase the Bank Jatim’s trade finance and
remittance business transactions.
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3. To provide adequate service in making payments to and 4. To provide the best remittance service supported by a
from abroad quickly, safely, and at competitive costs. trusted system.
International Banking productivity is described as follows:
Table of International Banking Productivity (in IDR Millions)
Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Remittance Transactions 5,573,056 2,761,382 2,811,674 101.82%
Export-Import Transactions 633,362 302,468 330,894 109.40%
Domestic Letter of Credit (SKBDN) 68,577 55,917 12,660 22.64%
Graph of International Banking Productivity
(in IDR Millions)
5,573,056 633,362
68,577
55,917
2,761,382 302,468
Remittance Transactions Export-Import Transactions Domestic L/C Transactions
2023 2024
In 2024, the performance of Bank Jatim’s trade finance and Additionally, marketing efforts by Branches, Sub-Branches,
remittance products continued to grow on a year-on-year (YoY) and the Business Division at the Head Office played a
basis. This reflects the bank’s role as a Foreign Exchange Bank crucial role in promoting Bank Jatim’s foreign exchange
in both domestic and international markets, amid improving products. Furthermore, the Treasury Division contributed
economic conditions following the global pandemic. Bank to this growth by offering competitive exchange rates,
Jatim’s strategies to navigate this situation and programs in facilitating the acquisition of numerous customers in 2024.
developing human resources have yielded positive results, as
evidenced by the strong performance achieved in 2024. The - Export-Import Transactions
following is a detailed analysis of the growth in trade finance Bank Jatim’s export-import transactions in 2024 totaled
and remittance product performance at Bank Jatim. IDR633.36 billion, reflecting a significant increase of
109.40% compared to IDR302.47 billion in 2023. Bank
- Remittance Transactions Jatim’s human resources, both in marketing and operational
Bank Jatim’s remittance transactions in 2024 reached units, were well-prepared and capable of marketing and
IDR5.57 trillion, a significant increase of 101.82% compared handling export-import transactions under both Letter
to IDR2.76 trillion in 2023. This growth was driven by of Credit (LC) and non-LC arrangements. By adopting a
the Bank’s strategic expansion of remittance corridors customer-centric approach, marketers provided tailored
and partnerships with new remittance counterparts. advice to clients and prospective customers, ensuring they
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felt supported and making acquisition and retention more countries: Thailand, Dubai, Malaysia, Taiwan, and Japan.
seamless. Additionally, the Treasury Division played a key The offline business matching between export-oriented
role in this growth by offering competitive rates, further SMEs/IKMs fostered by Bank Jatim and these potential
attracting new customers in 2024. buyers is expected to open opportunities for global market
expansion, ultimately improving Bank Jatim’s export
- Domestic L/C Transactions product performance.
Bank Jatim’s Domestic L/C transactions in 2024 reached
IDR68.58 billion, reflecting an increase of 22.64% from Furthermore, the collaboration with the Export Center
IDR55.92 billion in 2023. Bank Jatim’s human resources, Surabaya, through business matching activities and the
both in marketing and operational units, were well- shipment of product samples to potential buyers overseas,
prepared and highly capable of marketing and handling has also effectively created opportunities for the acquisition
Domestic L/C transactions. By adopting a customer-centric of new export-oriented customers
approach, marketers provided tailored advice to clients and
prospective customers, ensuring they felt supported and International Banking Competitive Advantage
making customer maintenance and acquisition processes and Innovation
more efficient. In line with the vision and mission of BPD Jatim, the International
Banking Division seeks to make breakthroughs, namely
International Banking Strategy in 2024 through Foreign Exchange Pendulum Village and J-Export and
The strategy carried out by International Banking Division as Trade Assistance (JXTA) programs, as well as collaboration with
one of Bank Jatim’s business divisions is as follows: Remittance Counterparts/Money Transfer Operator (MTO) as a
1. Market Intelligence way to develop MSMEs in East Java and provide assistance for
By developing business processes through benchmarking Indonesian Migrant Workers abroad with transactions to send/
at other banks and conducting customer satisfaction receive funds from/to Indonesia. It is hoped that in the coming
surveys. year there will be an increase in foreign exchange transactions
2. Product and Services Development Proposal through Bank Jatim. It is expected that foreign exchange
Carrying out product innovations, updating internal transactions through Bank Jatim will continue to grow in the
regulations, and penetrating foreign markets (opening coming year.
new corridors and collaborating with new remittance
counterparts). Business Prospect and Strategy
3. Third Parties Reciprocal Relation of International Banking for 2025
Collaborating with third parties including Remittance By the end of December 2024, the total volume of foreign
Counterparts/Money Transfer Operator (MTO), synergizing exchange transactions at Bank Jatim, including remittance,
with the Department of Manpower, Indonesian Migrant export-import, and Domestic L/C transactions, reached IDR6.27
Worker Placement Companies, synergizing with trillion, approximately 195.25% of the target set for 2024.
exportimport associations or communities such as GPEI, This achievement highlights the potential for further growth in
ECS, ICC, and other Export-Import Associations. foreign exchange transactions, particularly by strengthening
4. Marketing Action the capacity of MSMEs in East Java to engage in direct exports.
Conducting effective marketing communication to enhance Seizing new opportunities by facilitating business matching
brand awareness, both through specific marketing tools and pitching sessions with potential buyers and Foreign Trade
and promotional programs or event sponsorships; actively Representatives is expected to foster new exporters and
carrying out internal and external marketing efforts transactions. Additionally, collaboration with Ciputra University, a
(targeting business units at the Head Office, Branches, leading institution committed to nurturing young entrepreneurs,
Sub-Branches, and prospective customers); and organizing is a key strategy for 2025. Bank Jatim will introduce its export-
gatherings with stakeholders (in this case, government import services to the students early on to cultivate a new
agencies, Indonesian Migrant Worker communities, MTOs, generation of export-oriented entrepreneurs. This strategy
as well as private institutions and MSMEs engaged in aims to instill Bank Jatim’s services in the minds of these
foreign exchange transactions). young entrepreneurs, ensuring continued engagement as they
establish their own enterprises or take over family businesses,
In addition, the Trade Connect Summit 2024 was held, which ultimately serves as a strategic investment for Bank Jatim.
an event featuring exhibitions, business talk shows, and
business matching activities, in collaboration with the Additionally, Bank Jatim aims to expand partnerships with
Ministry of Trade of the Republic of Indonesia, particularly Remittance Counterparts/Money Transfer Operators (MTO)
with representatives from overseas trade offices. This to establish new remittance transaction corridors from
initiative successfully attracted potential buyers from five abroad. This includes exploring the potential for opening new
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nostro accounts to enable transactions in additional foreign 1. Safekeeping and administration of Securities (corporate
currencies. Furthermore, the development of Outbound bonds, medium term notes, negotiable certificates of
Jconnect Remittance is a key strategic initiative for enhancing deposit, sukuk, etc.) in script or scriptless for m.
Bank Jatim’s remittance services, with plans to integrate it into 2. Settlement of sale-purchase transactions of Securities.
the Bank’s digital mobile banking platform. 3. Management of customer’s rights over ownership of
securities held so that the rights are effective in the
BANK JATIM CUSTODIAN customer’s account (corporate action).
Treasury Business PrBank Jatim obtained an operating permit 4. Proxy at the General Meeting of Shareholders and General
for custodian services from the Otoritas Jasa Keuangan Meeting of Bondholders.
(OJK) under the letter No. S4/ PM.2/2019 dated January 29, 5. Sub-Registry to serve investors conducting Securities
2019. Bank Jatim Custodian is part of the Funds and Services transactions and investments
Division, Retail and Individual Funds and Services Sub-Division, 6. Submission of reports and information related to securities
the services provided include: and/or valuable documents belonging to customers, which
are stored and administered by Bank Jatim Custodian.
The productivity of Bank Jatim Custodian is described as follows:
Table of Bank Jatim Custodian Productivity (in IDR Millions)
Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Asset Under Custody
January 2,220,352 1,891,700 328,652 17.37%
February 2,394,326 2,128,700 265,626 12.48%
March 2,574,535 2,063,700 510,835 24.75%
April 2,527,566 2,030,700 496,866 24.47%
May 2,455,290 1,873,144 582,146 31.08%
June 2,501,270 1,918,089 583,181 30.40%
July 2,471,387 2,065,102 406,285 19.67%
August 2,446,413 1,766,159 680,254 38.52%
September 2,432,591 1,802,449 630,142 34.96%
October 2,319,806 2,220,286 99,520 4.48%
November 2,223,848 2,295,255 (71,407) (3.11%)
December 2,306,873 2,225,265 81,608 3.67%
Mature Effect 592,550 878,000 (285,450) (32.51%)
Settled Market Securities 207,000 20,000 178,000 890.00%
Total assets under custody in 2024 reached IDR2.30 trillion, an increase of 3.67% compared to 2023 which reached IDR2.23 trillion.
The increase was mainly due to the increase in the number of securities purchase transactions for custodian customers and securities
instrument management.
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Graph of Bank Jatim Custodian Securities Managed Fund
(in IDR Millions)
2,574
2,527 2,455 2,501 2,471 2,446
2,394 2,432
2,319 2,295 2,306
2,220 2,220 2,223 2,225
2,128 2,065
2,063 2,030
1,891 1,918
1,873 1,802
1,766
January February March April May June July August September October November December
Custodian service customers consist of internal and external 1. Development System
customers of Bank Jatim. Internal customers do not directly a. Updating the core custodian system that can
provide income and profit, but there is cost efficiency for accommodate systematic reconciliation, electronic
securities that were previously stored by the Treasury Division submission of Corporate Action and proxy and
in other custodian banks. adjustments to the C-Best Next G Application.
b. Creation of a system to form SID and SRE through the
Bank Jatim Custodian Strategy for 2024 J-Invest application that is synchronized with C-Best.
Bank Jatim Custodian‘s strategy for 2024 is as follows: So that the addition of retail custodian customers
1. Updating the core custodian system that can accommodate through the J-Invest application can be realized.
reconciliation, electronic proxy submission and adjustment c. Development of the core custodian system related to
to C-Best Next G. the custodian customer portfolio inquiry menu facility.
2. Development of the core custodian system related to the Customers can access their portfolios independently
custodian customer portfolio inquiry menu facility. through this facility.
3. Marketing custodian services to fellow BPDs with more 2. Marketing Action
competitive storage costs. Marketing Custodian services to Institutions, Corporations,
4. Marketing custodian services to Pension Fund Foundations Pension Funds in East Java, and to other BPDs. Marketing
in the East Java region with more competitive storage with an emphasis on competitive service fees compared to
costs. other Custodians. Raising brand awareness of Bank Jatim
Custodian Services products by conducting promotional
Bank Jatim Custodian Competitive Advantage events and socialization to Business Units located in all
and Innovation Bank Jatim Branch offices. Holding Gatherings for existing
Bank Jatim Custodian competitive advantage and innovations and prospective customers with the aim of increasing
include: custodian managed assets.
1. Competitive safe keeping costs.
2. Provide additional services related to reporting for free. Sharia Segmen
Bank Jatim Custodian Business Prospects in 2025 Bank Jatim sharia segment consisted of third-party funds/
The business prospects of Bank Jatim Custodian in 2025 are deposits, financing and services. Network expansion is a
as follows: supporting factor for the development of the Sharia Business
1. Cooperation in custodian services with Bank Business Unit (UUS) of Bank Jatim. Customers can perform banking
Group (KUB) Bank Jatim transactions easily through the UUS network which included
2. Cooperation in custodian services with the Pension Fund 7 (seven) Sharia Branch Offices, 10 (ten) Sharia Sub-Branch
Foundation in the East Java region. Offices, 4 (four) Cash Offices, 8 (eight) Sharia Payment Points,
3. Cooperation in custodian services with BUMD companies 217 Agents of Laku Pandai Sharia, 196 Sharia Service Offices
and private companies in the East Java region. (KLS), 26 (twenty six) ATM machines, 10 (ten) CRM ATM
4. Cooperation in custodian services with BPD in Indonesia. Machine and 7 Mobile Cash Cars.
Bank Jatim Custodian Strategy for 2025
The strategies that will be implemented by Bank Jatim
Custodian for 2025 are as follows:
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Sharia Segment Explanation and Productivity
Third Party Fund Sharia
Sharia third party funds consist of iB Barokah Current Account Amanah Savings, iB Barokah Pension and Barokah Deposits.
(Wadi’ah), iB Barokah Current Account (Mudharabah), Simpel iB An explanation of each Sharia Funding product has been
Savings, TabunganKu iB, Umroh iB Amanah Savings, SiPandai presented in the Profiles section of the Products and Services
iB Barokah Savings, Santri (Student) Savings, Barokah Savings, Sub-Chapter in this Annual Report.
iB Barokah Sejahtera Savings, Hajj iB Amanah Savings, Haji iB
The description of Sharia TPF Productivity is presented as follows:
Tabel Produktivitas DPK Syariah (in IDR Millions)
Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Current Account iB Barokah (Wadiah) 169,114 174,426 (5,312) (3.05%)
Current Account iB Barokah (Mudharabah) 40,483 1,786 38,697 2,166.69%
Simple Savings iB 11,783 10,255 1,528 14.90%
TabunganKu iB 67,824 63,673 4,151 6.52%
Umroh iB Amanah Savings 5,758 5,304 454 8.56%
SiPandai iB Barokah Savings 43 16 27 168.75%
Santri (Student) Savings 6,620 1,877 4,743 252.69%
iB Barokah Savings 469,955 354,156 115,799 32.70%
Barokah Sejahtera Savings 11,523 7,917 3,606 45.55%
Hajj iB Amanah Savings 396,790 354,921 41,869 11.80%
IB Barokah Savings Plan 1,953 1,440 513 35.63%
IB Barokah Pension Savings 51 37 14 37.84%
Barokah Deposits 1,745,479 1,626,798 118,681 7.30%
Total 2,927,376 2,602,606 324,770 12.48%
The realization of Sharia TPF in 2024 was IDR2.93 trillion, an Based on the achievement of TPF in 2024, there are three
increase of IDR324.77 billion or 12.48% compared to 2023 of products that experienced a significant increase in outstanding
IDR2.60 trillion. The increase in Sharia TPF mainly came from compared to TPF in 2023, namely iB Barokah Savings of
the growth of Current Account iB Barokah (Mudharabah) by IDR115.80 billion, Hajj iB Amanah Savings of IDR41.87 billion
2,166.69% or IDR38.70 billion. Meanwhile, CASA increased and Current Account iB Barokah (Mudharabah) of IDR38.70
by IDR206.01 billion or 7.68% compared to 2023 which was billion.
influenced by the addition of outstanding iB Barokah Savings.
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The description of TPF Syariah customers is presented as follows:
Table of Sharia TPF Customers (in IDR Millions)
Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Current Account iB Barokah (Wadiah) 1,843 1,689 154 9.12%
Current Account iB Barokah (Mudharabah) 95 8 87 1,087.50%
Simple Savings iB 61,037 53,480 7,557 14.13%
TabunganKu iB 45,633 41,567 4,066 9.78%
Umroh iB Amanah Savings 2,470 2,076 394 18.98%
SiPandai iB Barokah Savings 521 403 118 29.28%
Santri (Student) Savings 28,449 14,997 13,452 89.70%
iB Barokah Savings 57,088 50,478 6,610 13.09%
Barokah Sejahtera Savings 36 69 (33) (47.83%)
Haji iB Amanah Savings 132,619 129,284 3,335 2.58%
IB Barokah Savings Plan 382 355 27 7.61%
IB Barokah Pension Savings 115 115 - 0.00%
Barokah Deposits 3,216 2,977 239 8.03%
Total 333,504 297,498 36,006 12.10%
The growth in the number of TPF is followed by an increase In general, the number of customers in some of UUS Bank
in the number of customers. In 2024, the number of TPF Jatim‘s TPF products has increased compared to 2023, but
customers of UUS Bank Jatim was 333,504 customers, an only one product has decreased, namely Barokah Sejahtera
increase of 36,006 customers or 12.10% compared to 2023. Savings by 33 customers or 47.83%.
This increase mainly came from an increase in the number of
customers from Santri (Student) Savings.
Graph of Growth TPF Sharia Graph of Growth Funding Sharia Customers
(in IDR Millions) (in Customer)
333,504
2,927,376
297,498
2,602,606
Total TPF Total TPF Customers
2023 2024 2023 2024
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The performance description of each Sharia TPF product is ● Barokah Sejahtera Savings
presented as follows: Barokah Sejahtera Savings experienced an increase of
● Current Account iB Barokah (Wadiah) IDR3.61 billion or 45.55% from IDR7.92 billion to IDR11.52
Current Account iB Barokah (Wadiah) experienced a billion in 2024. In terms of the number of customers,
decrease of IDR5.31 billion or 3.05% from IDR174.43 Barokah Sejahtera Savings experienced a decrease of 33
billion to IDR169.11 billion in 2024. In terms of the number customers or 47.83% compared to 2023.
of customers, Current Account iB Barokah (Wadiah) ● Hajj iB Amanah Savings
experienced an increase of 154 customers or 9.12% Hajj iB Amanah Savings increased by IDR41.87 billion or
compared to 2023. 11.80% from IDR354.92 billion to IDR396.79 billion in 2024.
● Current Account iB Barokah (Mudharabah) In terms of the number of customers, there was an increase
Current Account iB Barokah (Mudharabah) experienced of 3,335 customers or 2.58% compared to 2023.
an increase of IDR38.70 billion or 2,166.69% from IDR1.79 ● iB Barokah Savings Plan
billion to IDR40.48 billion in 2024. In terms of the number iB Barokah Savings Plan increased by IDR513 million or
of customers, Current Account iB Barokah (Mudharabah) 35.63% from IDR1.44 billion to IDR1.95 billion in 2024. In
experienced an increase of 87 customers or 1,087.50% terms of the number of customers, iB Barokah Savings Plan
compared to 2023. increased by 27 customers or 7.61% compared to 2023.
● Simple Savings iB ● iB Barokah Pension Savings
Simple Savings iB increased by IDR1.53 billion or 14.90% iB Barokah Pension Savings increased by IDR14 million
from IDR10.26 billion to IDR11.78 billion in 2024. In terms of or 37.84% from IDR37 million to IDR51 million in 2024. In
the number of customers, Simple Savings iB increased by terms of the number of customers, iB Barokah Pension
7,557 customers or 14.13% compared to 2023. Savings in 2024 is the same as in 2023.
● TabunganKu iB ● Barokah Deposits
TabunganKu iB experienced an increase of IDR4.15 billion Barokah Deposits increased by IDR118.68 billion or 7.30%
or 6.52% from IDR63.67 billion to IDR67.82 billion in from IDR1.63 trillion to IDR1.75 trillion in 2024. In terms of
2024. In terms of the number of customers, TabunganKu the number of customers, Barokah Deposits increased by
iB experienced an increase of 4,066 customers or 9.78% 239 customers or 8.03% compared to 2023.
compared to 2023.
● Umroh iB Amanah Savings Sharia Financing
Umroh iB Amanah Savings increased by IDR454 billion
or 8.56% from IDR5.30 billion to IDR5.76 billion in 2024. Sharia Financing consists of Consumer, Micro, Retail, Medium
In terms of the number of customers, Umroh iB Amanah and Corporate Financing. Consumer Financing includes Gold
Savings increased by 394 customers or 18.98% compared iB Barokah, KPR iB Griya Barokah, KPR Sejahtera, Employee
to 2023. Financing, Multipurpose iB Barokah, Gold Ownership iB
● SiPandai iB Barokah Savings Barokah, Umroh Bailout Loan iB Maqbulla, Hajj Al Mabrur
SiPandai iB Barokah Savings experienced an increase Bailout Loan, and Consumptive Cash Collateral Financing
of IDR27 million or 168.75% from IDR16 million to IDR43 (CCF). Micro, Retail, Medium and Corporate Financing includes
million in 2024. In terms of the number of customers, Linkage, General Financing, Contractor Working Capital
SiPandai iB Barokah Savings experienced an increase of Financing, Productive Cash Collateral Financing (CCF), and
118 customers or 29.28% compared to 2023. Sharia KUR. Explanations of each Sharia Financing product
● Santri (Student) Savings have been presented in the Profile section of the Product and
Santri (Student) Savings increased by IDR4.74 billion or Services Sub-Chapter in this Annual Report.
252.69% from IDR1.877 billion to IDR6.62 billion in 2024. In
terms of the number of customers, Santri (Student) Savings
increased by 13,452 customers or 89.70% compared to
2023.
● iB Barokah Savings
Barokah Savings increased by IDR155.80 billion or 32.70%
from IDR354.16 billion to IDR469.96 billion in 2024. In
terms of the number of customers, Barokah Savings
increased by 6,610 customers or 13.09% compared to
2023.
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The description of Sharia Financing Productivity is presented as follows:
Table of Sharia Financing Productivity (in IDR Millions)
Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Consumer Financing
iB Barokah Gold Mortgage 43,235 24,304 18,931 77.89%
Home Ownership Loans (KPR) Griya Barokah 787,660 735,342 52,318 7.11%
a. Commercial KPR 292,586 265,936 26,650 10.02%
b. Housing Finance Liquidity Facility KPR (FLPP) 495,074 469,406 25,668 5.47%
Employee Financing 145,130 141,989 3,141 2.21%
Multipurpose iB Barokah 59,701 47,338 12,363 26.12%
Gold Ownership (KLE) iB Barokah 1,913 1,412 501 35.48%
Umroh Bailout Loan iB Maqbulla 192 239 (47) (19.67%)
Hajj Al Mabrur Bailout Loan 0 45 (45) (100.00%)
Consumptive Cash Collateral Financing (CCF) 1,483 0 1,483 100.00%
Sub Total Consumer 1,039,314 950,669 88,645 9.32%
Micro, Retail, Medium, and Corporate
Linkage 46,137 69,754 (23,617) (33.86%)
a. Cooperative Financing for Members (PKPA) 43,938 61,692 (17,754) (28.78%)
b. Sharia Rural Bank (BPRS) 2,199 8,062 (5,863) (72.72%)
General 1,398,732 1,053,351 345,379 32.79%
a. Investment 1,167,933 715,899 452,034 63.14%
b. Working Capital 218,045 312,739 (94,694) (30.28%)
c. Factoring 12,754 24,713 (11,961) (48.40%)
Contractor 70,836 102,279 (31,443) (30.74%)
Productive Cash Collateral Financing (CCF) 299 0 299 100.00%
Micro Business Loan (KUR) 110,508 11,805 98,703 836.11%
Sub Total Micro, Retail, Medium, and Corporate 1,626,510 1,237,189 389,321 31.47%
Total 2,665,824 2,187,858 477,966 21.85%
The total of financing in 2024 was realized at IDR2.67 trillion, Maqbulla, Consumptive Cash Collateral Financing (CCF),
an increase of IDR477.97 billion or 21.85% compared to 2023 General Financing, Contractor Working Capital Financing,
of IDR2.19 trillion, consisting of existing financing schemes Productive Cash Collateral Financing (CCF), and Sharia KUR.
including iB Barokah Gold Mortgage, Home Ownership Loans The increase was due to an increase in several Financing
Griya Barokah, Housing Finance Liquidity Facility KPR (FLPP), Schemes including iB Barokah Gold Mortgage of IDR18.93 billion
Employee Financing, Multipurpose iB Barokah, Gold Ownership or 77.89%, Home Ownership Loans (KPR) iB Griya Barokah
(KLE), Hajj Al Mabrur Bailout Loan, Umroh Bailout Loan iB Financing of IDR26.65 billion or 10.02%, Housing Finance
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Liquidity Facility KPR (FLPP) of IDR25.67 billion or 5.47%, Association (AUM), in addition to also participating in the
Employee Financing of IDR3.14 billion or 2.21%, Multipurpose syndication financing of PT Indah Kiat Pulp & Paper, Tbk, the
iB Barokah of IDR12.36 billion or 26.12%, Gold Ownership (KLE) construction of the Pasuruan-Probolinggo Toll Road through
of IDR501 million or 35.48%, Consumptive Cash Collateral PT Transjawa Paspro Toll Road, the Semarang-Demak Toll Road
Financing (CCF) of IDR1.48 billion or 100.00%, Investment through PT Pembangunan Perumahan Semarang Demak, and
Financing of IDR452.03 billion or 63.14%, Productive Cash other Toll Road Businesses. Then the second largest financing
Collateral Financing (CCF) of IDR299 million or 100.00%, and is the Housing Financing Liquidity Facility (FLPP) KPR
Sharia KUR Financing of IDR98.70 billion or 836.11%. Financing which is still the main focus of financing distribution
to Low-Income Communities (MBR) because UUS Bank
The composition of financing in 2024 was contributed the Jatim is involved in supporting the Government’s program in
largest by general investment financing with an outstanding distributing subsidized housing financing, which in 2024 its
value in 2024 of IDR1.17 trillion with a percentage increase achievements were also very satisfying. The outstanding value
of 63.14% from 2023, while the composition of general of the Housing Financing Liquidity Facility (FLPP) KPR in 2024
investment financing to the total outstanding was 43.81%. In was IDR495.07 billion with a percentage increase of 5.47%
this investment financing, the Sharia Business Unit (UUS) of from 2023, while the composition of KPR-FLPP to the total
Bank Jatim collaborated with Persyarikatan Muhammadiyah in outstanding was 18.57%.
order to distribute financing to the Muhammadiyah Business
The description of Sharia Financing customers is presented as follows:
Table of Sharia Financing Customers (in IDR Millions)
Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Consumer Financing
iB Barokah Gold Mortgage 1,851 1,379 472 34.23%
Home Ownership Loans (KPR) Griya Barokah 5,669 5,314 355 6.68%
a. Commercial KPR 1,263 1,250 13 1.04%
b. Housing Finance Liquidity Facility KPR (FLPP) 4,406 4,064 342 8.42%
Employee Financing 563 513 50 9.75%
Multipurpose iB Barokah 684 667 17 2.55%
Gold Ownership (KLE) iB Barokah 169 146 23 15.75%
Umroh Bailout Loan iB Maqbulla 9 9 0 0.00%
Hajj Al Mabrur Bailout Loan 0 2 (2) (100.00%)
Consumtive Cash Collateral Financing (CCF) 4 0 4 100.00%
Sub Total Consumer 8,949 8,030 919 11.44%
Micro, Retail, Medium, and Corporate
Linkage 157 185 (28) (15.14%)
a. Cooperative Financing for Members (PKPA) 156 182 (26) (14.29%)
b. Sharia Rural Bank (BPRS) 1 3 (2) (66.67%)
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Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
General 942 750 192 25.60%
a. Investment 349 287 62 21.60%
b. Working Capital 582 448 134 29.91%
c. Factoring 11 15 (4) (26.67%)
Contractor 54 109 (55) (50.46%)
Productive Cash Collateral Financing (CCF) 1 0 1 100.00%
Micro Business Loan (KUR) 1,069 97 972 1002.06%
Sub Total Micro, Retail, Medium, and Corporate 2,223 1,141 1,082 94.83%
Total 11,172 9,171 2,001 21.82%
Graph of Growth Graph of Growth
Sharia Financing Sharia Financing Customers
(in IDR Millions) (in Customer)
11,172
2,665,824
9,171
2,187,858
Total Financing Total Financing Customers
2023 2024 2023 2024
The performance description of each Sharia Financing product
is presented as follows:
1. Consumer Financing outstanding KPR Griya Barokah in 2024 is IDR787.66
a. iB Barokah Gold Mortgage billion, an increase of 7.11% from the financing in
During 2024, there was an increase in financing 2023 of IDR735.34 billion. In 2024, the distribution
distribution through iB Barokah Gold Mortagage of Commercial KPR increased by 10.02% or nominally
reaching IDR18.93 billion or 77.89% from IDR24.30 IDR26.65 billion from 2023, likewise for the distribution
billion in 2023 to IDR43.24 billion in 2024. Meanwhile, of FLPP KPR increased by 5.47% or nominally IDR25.67
Pawn Financing customers increased by 472 customers billion from 2023. As for the number of customers in
from 1,379 customers in 2023 to 1,851 customers in the distribution of KPR Financing, there was an increase
2024. for KPR Giriya Barokah by 355 customers, Commercial
b. Home Ownership Loans (KPR) iB Griya Barokah KPR increased by 13 customers, and for FLPP KPR also
The composition of KPR Bank Jatim UUS is KPR increased by 342 customers.
Griya Barokah (Commercial) and KPR FLPP. The total
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c. Multipurpose iB Barokah In terms of the number of customers, Linkage financing
During 2024, UUS Bank Jatim recorded an increase in distribution also decreased by 28 customers, from 185
the distribution of Multipurpose iB Barokah financing customers in 2023 to 157 customers in 2024.
of IDR12.36 billion or 26.12%, namely from a nominal b. General Financing
amount of IDR47.34 billion in 2023 to IDR59.70 General Financing is financing for businesses, both
billion in 2024. As for customers in the distribution of individuals and legal entities, to meet working capital
Multipurpose Financing, there was also an increase of and/or investment needs. During 2024, UUS Bank
17 customers, which was originally 667 customers in Jatim has recorded general financing growth of
2023 to 684 customers in 2024. IDR345.38 billion or 32.79% from IDR1.05 trillion in
d. Ownership of iB Barokah Gold 2023 to IDR1.40 trillion in 2024. The growth in general
During 2024, there was an increase in financing financing distribution in terms of the number of
distribution through Gold Ownership (KLE) of IDR501 customers also increased by 192 customers, from 750
million or 35.48% from a nominal of IDR1.41 billion in customers in 2023 to 942 customers in 2024.
2023 to IDR1.91 billion in 2024. Meanwhile, the number c. Contractor Working Capital Financing
of iB Barokah Gold Ownership financing customers During 2024, UUS Bank Jatim experienced a decrease
increased by 23 customers from 146 customers in in the distribution of Contractor Working Capital
2023 to 169 customers in 2024. Financing reaching IDR31.44 billion or 30.74% from
e. Umroh Bailout Loan iB Maqbulla IDR102.28 billion in 2023 to IDR70.84 billion in 2024.
The distribution of Umroh Bailout Loan iB Maqbulla Meanwhile, the number of Contractor Working Capital
products decreased by 19.67% or IDR47 million from a Financing customers also decreased by 55 customers
nominal amount of IDR239 million in 2023 to IDR192 from 109 customers in 2023 to 54 customers in 2024.
million in 2024. In terms of the number of customers, d. Productive Cash Collateral Financing (CCF)
the distribution of Umroh Bailout Loan iB Maqbulla did During 2024, there was a distribution of new financing
not change, namely 9 customers in 2023 and 2024. products through Productive Cash Collateral Financing
f. Hajj Al Mabrur Bailout Loan (CCF) amounting to IDR299 million. As for the number
The distribution of the Hajj Al Mabrur Bailout Loan of customers of Cash Collateral Financing (CCF)
product decreased in 2024 by 100.00% or IDR45 Productive, there was 1 customer in 2024.
million from IDR45 million in 2023 to IDR0 in 2024. e. Sharia KUR Financing
Specifically for Hajj Bailout Loan financing, there has During 2024, UUS Bank Jatim recorded an increase in
been no expansion of financing due to government the distribution of Sharia KUR financing of IDR98.70
regulations so that there is no increase in financing billion or 836.11%, namely from a nominal of IDR11.81
distribution in 2024. billion in 2023 to IDR110.51 billion in 2024. As for
g. Consumtive Cash Collateral Financing (CCF) customers in the distribution of Sharia KUR Financing,
During 2024, there was a distribution of new financing there was also an increase of 972 customers, which was
products through Consumptive Cash Collateral originally 97 customers in 2023 to 1,069 customers in
Financing (CCF) amounting to IDR1.48 billion. As for the 2024.
number of customers for Consumptive Cash Collateral
Financing (CCF) financing, there were 4 customers in Other Services - Sharia
2024.
2. Micro, Retail, Medium and Corporate Financing, The Sharia Treasury business includes money market and
a. Linkage securities transactions carried out by the Sharia Treasury
During 2024, UUS Bank Jatim has recorded a decrease Group under the Sharia Business Division. The Sharia Treasury
in financing distribution with a Linkage pattern Portfolio facility includes Sharia Bank Indonesia Deposit
reaching IDR23.62 billion or 33.86% from IDR69.75 Facilities FASBIS), Bank Indonesia Sukuk Interbank Deposits
billion in 2023 to IDR46.14 billion in 2024. (SukBI), Sharia Interbank Mudharabah Investment Certificates
(SIMA), Sharia Participation Mutual Funds Limited Liability
Securities (RDSPT) and State Sharia Securities (SBSN).
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The description of Sharia Treasury Productivity is presented as follows:
Table of Sharia Treasury Productivity (in IDR Millions)
Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Sharia Bank Indonesia Deposit Facilities (FASBIS) 265,000 150,000 115,000 76.67%
Bank Indonesia Sukuk Interbank Deposits (SukBI) 420,377 450,000 (29,623) (6.58%)
Sharia Interbank Mudharabah Investment Certificates
950,000 450,000 500,000 111.11%
(SIMA),
Sovereign Sharia Securities (SBSN) 63,000 142,000 (79,000) (55.63%)
Sharia Corporate Securities 12,000 - 12,000 100.00%
Total 1,445,377 1,217,000 228,377 18.77%
Sharia Bank Indonesia Deposit Facilities (FASBIS) is a sharia of December 31, 2024 was IDR950.00 billion, an increase of
monetary operation instrument through standing facilities IDR500.00 billion or 111.11% compared to December 2023. The
where the Bank places Rupiah funds in Bank Indonesia with increase in this instrument is the result of a strategy to optimize
the aim of absorbing the Bank’s liquidity. In 2024, FASBIS of income while maintaining short-term liquidity.
Bank Jatim Business Unit was recorded at IDR265.00 billion,
an increase of IDR115.00 billion or 76.67% from December Sovereign Sharia Securities (SBSN) are securities issued by
2023. The increase was due to the lack of absorption in the the Government for the portion of participation in assets
money market, so that the remaining idle funds were placed in with sharia principles that are commonly traded in the capital
the Bank Indonesia Absorption Open Market Operation (OPT) market and money market. As of December 2024, the types
instrument. of SBSN owned by the Bank Jatim Sharia Business Unit are
Retail Sukuk with the Ijarah Asset to be Leased contract and
Bank Indonesia Sukuk Interbank Deposits (SUKBI) is another Project Based Sukuk with the same contract. Overall, the SBSN
instrument of Bank Indonesia‘s Sharia Monetary Operations owned by the Bank Jatim Sharia Business Unit decreased by
that functions as a contraction tool to absorb excess liquidity IDR79.00 billion or 55.63% from IDR142.00 billion in 2023 to
(absorb). This instrument has a tenor option of 7 (seven) days to IDR63.00 billion. The decrease was due to the Sharia Treasury
12 (twelve) months. During 2024, Bank Jatim‘s Sharia Business portfolio diversification strategy, considering the tight liquidity
Unit actively participated in the SUKBI auction and became conditions, the decision was taken to shift the long-term
an alternative placement to maintain short-term liquidity portfolio to the short-term portfolio.
positions (under 1 year). In December 2024, Bank Jatim‘s
SUKBI Sharia Business Unit was recorded at IDR420.37 billion, Corporate Securities are Securities issued by corporate
down IDR29.63 billion compared to December 2023. This companies operating in accordance with sharia principles
decrease was due to a shifting strategy or change in strategy owned by the Sharia Business Unit of Bank Jatim in December
from long-term placement to short-term to manage liquidity 2024 totaling IDR12.00 billion. The purchase of these Corporate
amidst the tight liquidity trend. In addition, this step was also Securities was taken in order to meet the provisions of the RIM
taken to diversify investment instruments. ratio.
Sharia Interbank Mudharabah Investment Certificates Overall, in December 2024, Sharia Treasury managed funds
(SIMA) is a certificate issued by a Sharia Commercial Bank or reached IDR1,445.38 billion or increased by 18.77% from
Sharia Business Unit which is used as a means of short-term December 2023. Of this achievement, 95.62% were short-term
investment in PUAS with a mudharabah contract. The position placements, and only 4.38% were long-term placements.
of SIMA placement of Bank Jatim‘s Sharia Business Unit as
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Portfolio Chart and Composition of Sharia Treasury Idle Fund Management in 2024
1,445,377
15.49% FASBIS
24.58% SUKBI
55.54% SIMA
1,217,000 3.68% SBSN
0.70% Sharia Corporate
Securities
Portfolio of Sharia Treasury Idle Fund Management
(in IDR millions)
2023 2024
The 5 (five) largest compositions are 55.54% placement in SIMA with a portfolio of IDR950.00 billion, 24.58% in SUKBI investment
with a portfolio of IDR420.38 billion, 3.68% in SBSN investment with a portfolio of IDR63.00 billion, 0.70% in Corporate Securities
investment with a portfolio of IDR12.00 billion, and 15.49% FASBIS with a portfolio of IDR265.00 billion.
SHARIA SEGMENT STRATEGY IN 2024 customers who register the most hajj portions in
The TPF and Sharia Segment Financing strategies implemented each semester in 2024.
in 2024 are as follows: b. The Barokah Sejahtera Savings Program (TBS)
• Sharia TPF The TBS program is an extension program of the
Sharia TPF strategy through increasing CASA and fee- previous Barokah Sejahtera Savings (TBS) period
based income using two strategic approaches, namely (Batch 1-8) which is expected to increase Barokah
maintaining existing customers and acquiring new Savings customers where customers will be able
customers, which are described as follows: to receive prizes directly by depositing balances
1. Existing Customer Maintenance within a certain period of time. This TBS extension
a. Recall of Dormant/Inactive Customers (Current program is valid from November 2024 to April
Account/Savings/Deposits) 2025. The program can also be implemented at the
The mandatory activity carried out by funding Sharia Service Office.
officers is to re-communicate with customers who c. Collaborating with the Hajj Financial
are no longer actively transacting but still have a Management Agency (BPKH) in Increasing Hajj
balance. This is done as an effort to increase the Registration
TPF balance as well as cross-selling. As an effort to increase hajj registrants through
b. Improve relations with potential partners and iB Amanah Hajj Savings, Bank Jatim Syariah
customers on a regular basis collaborates with BPKH to provide a referral fee
Bank Jatim Syariah periodically maintains existing of IDR100 thousand for the Hajj Guidance Group
customers and increases partners and potential (KBIH) who bring their congregation to open an
customers. One of the strategies carried out is iB Amanah Hajj Savings account while registering
that Bank Jatim Syariah supports the East Java for the initial hajj deposit at Bank Jatim Syariah.
Provincial Government program, namely the The referral mechanism uses a reimbursement
development of One Islamic Boarding School One mechanism to BPKH.
Product (OPOP). This was realized in Bank Jatim d. Launching Cash Waqf Linked Deposit (CWLD)
Syariah‘s participation in the East Java OPOP in collaboration with the Indonesian Waqf
Development Coordination Meeting on April 25-26, Movement (GWI) and the Indonesian Waqf House
2024. (RWI)
2. New Customer Acquisition Bank Jatim Syariah collaborates with GWI and RWI
a. Implementation of the Barokah Hajj Program as an innovative product that combines the concept
Providing rewards to customers who register for of cash waqf with sharia investment designed to
the hajj portion in the form of special gifts and provide significant social and economic impacts for
providing rewards to the Sharia service office with the community through productive management of
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waqf funds. The CWLD launch will be held in August created to maintain the convenience of customers who chose
2024. sharia transactions, including sharia digital innovation. Through
e. Madani Festival (BaniFest) 2024 Barokah different products and contracts, sharia products could be
Program an alternative for customers in order to increase equitable
As an effort to increase hajj registrants through investment with attractive profit sharing through profit sharing
iB Amanah Hajj Savings, Bank Jatim Syariah contracts or murabahah contracts with purchase of precious
collaborated with the Hajj Financial Management metals as well as being able to help relieve the customers
Agency (BPKH) to hold a joint program related to liquidity burden temporarily through the iB Barokah Gold
the Young Hajj campaign. The 2024 Young Hajj product (gawn gold). It was hoped that with these advantages
Savings, in addition to being for students and and innovations, the sharia segment could increase Bank
college students, can also be aimed at the Civil Jatim’s market share as a whole and was an entry barrier for
Servant and Government Employees with Work other Islamic bank competitors
Agreements (PPPK) segments. BaniFest 2024 was
held on May 15, 2024. PROSPECTS AND STRATEGIES OF THE SHARIAH SEGMENT
f. Signing of the MoU between Bank Jatim and PW IN 2025
Muhammadiyah East Java The business prospects and future strategies for 2025 for
In order to expand the business and strengthen Sharia TPF and Sharia Segment Financing are as follows:
the synergy of business actors, Bank Jatim has • Sharia TPF
collaborated with PW Muhammadiyah East Java by Based on data from the Central Statistics Agency (BPS),
signing the MoU on Financial Services on June 26, Islam is the largest religion in East Java, making it an
2024. opportunity for UUS Bank Jatim to improve and develop
• Sharia Financing financial services ranging from Islamic Boarding Schools,
Strategic financing steps which are priority agendas taken Islamic Schools/Schools, Hospitals, Agencies/Institutions,
in the 2024 period include: to Mosques. UUS Bank Jatim has a strategy to develop the
1. Improvement of the acceleration of the Service Level digitalization of the sharia ecosystem so that in the future
Agreement (SLA) process for financing proposals the prospects for UUS Bank Jatim’s Third Party Funds will
processed at Branch Offices and Head Offices. be more positive.
2. Focus on distributing financing to the education/
Islamic boarding school, health, MSME businesses, Sharia TPF strategy through increasing CASA and fee-
cooperatives sectors that will become customer-based based income by using two strategic approaches, namely
in mastering the market ecosystem at UUS Bank Jatim. maintaining existing customers and acquiring new
3. Participate in the success of the government’s program customers, which are described as follows:
in accelerating the construction of 1 (one) million 1. Existing Customer Maintenance
houses by contributing to the distribution of Housing a. Recall of Dormant/Inactive Customers (Current
Finance Liquidity Facility (KPR FLPP). Account/Savings/Deposits)
4. Supporting infrastructure development which is The mandatory activity carried out by funding
the Government’s National Strategic Program, officers is to re-communicate with customers who
including participating in syndication financing for are no longer actively transacting but still have a
the construction of Toll Roads and other syndication balance. This is done as an effort to increase the
financing. In addition, for this syndication financing, TPF balance as well as cross-selling.
UUS Bank Jatim can optimize the disbursement plan b. Implementation of the 2025 Tebar Barokah
for the remaining syndication financing withdrawal Program
facilities and other financing that has been approved. The Tebar Barokah program aims to enable
5. Optimization of the distribution of Sharia KUR financing customers who own Barokah Savings accounts to
in 2024. increase their account balances. Prizes are given
6. Proposed margin adjustments according to applicable through a point redeem system where customers
rates and can compete in the market. who are entitled to points are customers with an
7. Diversifying financing products by distributing Cash average balance at the end of the month of 1 (one)
Collateral Financing (CCF) in 2024. million rupiah. Meanwhile, those who are entitled to
redeem points are customers who have obtained
SHARIA SEGMENT COMPETITIVE ADVANTAGE 500 points.
AND INNOVATION c. Implementation of the 2025 JConnect Mobile
Competitive advantage was obtained through sharia contracts Ziswaf Transaction Point Promo Program
that provide choices for the public to transact in sharia and This Ziswaf Transaction Point Promo Program
avoid ribawi transactions. However, innovation needed to be aims for customers to compete to give alms
200 PT Bank Pembangunan Daerah Jawa Timur Tbk
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(Zakat, Infaq, Sodaqoh, and Wakaf) online through • Sharia Financing
Jconnect Mobile, where each transaction will get East Java has a Muslim majority population and the
certain points and will be accumulated until the existence of more than 6 thousand Islamic boarding
period ends. At the end of the period, customers schools and 51 thousand mosques, making East Java
will get attractive prizes. Province one of the strategic areas in the development
d. Gathering with potential partners and customers of sharia economics, especially sharia financing services.
on a regular basis In addition, UUS Bank Jatim has a strategy to approach
Gathering will be conducted periodically with the largest Islamic organizations in Indonesia, namely
partners and customers of Bank Jatim Syariah Muhammadiyah and Nahdlatul Ulama.
in order to improve and maintain services to
customers so as to increase the number of The description of the strategy based on the segmentation
customer transactions at Bank Jatim Syariah. of Sharia Financing that will be carried out in 2025 is as
2. New Customer Acquisition follows.
a. Barokah Hajj Program 1. Corporate and Syndicated Financing
Providing rewards to customers who register for In achieving corporate and syndication financing
the hajj portion in the form of special prizes and targets, Bank Jatim has set its achievement strategies
providing rewards to the Sharia service office with as follows:
customers who register the most hajj portions in a. Supporting the development of government
each semester in 2025. infrastructure, Government and Business
b. Barokah Sejahtera Savings Program (TBS) Cooperation (KPBU) and private through
The TBS program is a program that is expected syndication financing and/or carried out bilaterally.
to increase Barokah Savings customers where b. Optimizing financing to the Muhammadiyah
customers will be able to receive prizes directly by Association in order to support business and
depositing balances within a certain period of time. operational activities of the Muhammadiyah
c. One Step Millions of Kindness Program (BaniFest) Charity and Muhammadiyah-Owned Enterprises
2025 (BUMM).
As an effort to improve business, Bank Jatim c. Optimizing the synergy of Bank Business Groups
Syariah conducted a roadshow to all Sharia Branch (KUB) in order to increase the financing portfolio.
Offices with several activities related to sharia d. Opening financing opportunities in new leading
financial literacy. sectors, namely energy and mining through
d. Digitalization of the Sharia Ecosystem syndication financing mechanisms.
Digitalizing the Existing Sharia ecosystem, as well 2. Retail and Medium Segment Financing
as prospective customers of Bank Jatim Syariah In achieving retail and medium financing targets, Bank
(schools, Islamic boarding schools, hospitals, and Jatim has set its achievement strategies as follows:
others). Digitalization is carried out by utilizing a. Distribution of financing to leading economic
Bank Jatim’s digital services or collaboration sectors that are adjusted to the potential of each
with partners such as corporate internet banking, work area with a focus on distributing financing
customer self service (CSS), Katalis application, to the SME sector, education/Islamic boarding
Jatim Code QRIS merchant, virtual account, to schools, health, construction, and others;
the development of mobile banking (portion and b. Increasing financing that has long-term benefits for
settlement of Hajj) and Ziswaf. the sustainability of life (green and sustainability
e. Intensification of Increasing Partner Bank Fund financing).
Transactions c. Strengthening risk management and sharia
- Synergize with representatives of the compliance in all services and products by
Indonesian Waqf Board and Mitra Nazhir for the strengthening HR competencies in business units.
development of cash waqf and CWLD. d. Strengthening the database of financing prospect
- Synergize with Umrah Travel and Special Hajj targets as feeder account officers in carrying out
and KBIH in East Java to conduct the Young activities to achieve performance targets.
Hajj and Umrah Movement campaign. 3. Micro Segment Financing
- Optimization of QRIS and East Java Agents in In achieving the micro financing target, Bank Jatim has
East Java. set the following achievement strategies:
PT Bank Pembangunan Daerah Jawa Timur Tbk 201
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04 Management Discussion and Analysis
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a. Market segmentation with a focus on segments b. Continuous promotional programs by holding
that have a real need for micro-financing, such as promotions at certain moments such as Bank
small entrepreneurs in rural areas, the informal Jatim‘s anniversary, end of year promotions.
sector, and small businesses in urban areas that
require working capital. Business Segment Revenue and Profitability
b. Partnership with Cooperatives, OPOP, and
Microfinance Institutions (LKM) through synergistic Business segment revenue in 2024 reached IDR5,725,598
cooperation that already has local networks and million, an increase of 13.58% compared to the previous year
communities to reach more potential customers. which reached IDR5,041,100 million. The increase came from
c. Business assistance by providing assistance an increase in interest income.
services for micro customers in terms of helping to
manage their business in the financial sector. Business segment operating income in 2024 reached
4. Consumer Segment Financing Strategy IDR1,666,227 million, a decrease of 10.18% compared to
In achieving consumer financing targets, Bank Jatim the previous year which reached IDR1,855,041 million. The
has set the following achievement strategies: decrease came from an increase in the formation of Credit
a. Customer segmentation by identifying potential CKPN.
market segments such as office workers, self-
employed, retirees by offering consumer financing
according to their needs.
Table of Business Segment Revenue and Profitability (in IDR Millions)
Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Segment income 8,381,809 7,357,284 1,024,525 13.93%
Segment expenses (2,656,211) (2,316,184) (340,027) 14.68%
Segment Income - net 5,725,598 5,041,100 684,498 13.58%
Other operating income 1,282,282 648,420 633,862 97.75%
Provision for impairment losses on financial and non-
(1,287,595) (694,136) (593,459) 85.50%
financial assets
Other operating expenses (4,054,057) (3,140,343) (913,714) 29.10%
Operating Profit 1,666,227 1,855,041 (188,814) (10.18%)
Income from operations Non-operating income
16,490 37,702 (21,212) (56.26%)
(expenses) - net
Tax expense - net (386,899) (422,638) 35,739 (8.46%)
Profit for the period 1,295,818 1,470,105 (174,287) (11.86%)
Total assets 118,142,127 103,854,773 14,287,354 13.76%
202 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2024
Financial
Review
The financial review, described herein, refers to the Financial Financial Performance
Statements for the years ended as of December 31, 2024
and 2023, presented in this Annual Report. The Financial Bank Jatim’s financial performance consists of the performance
Statements has been audited by Public Accounting Firm (KAP) of Statement of the Consolidated Financial Position, Statement
Paul Hadiwinata, Hidajat, Arsono, Retno, Palilingan & Partners of the Consolidated Profit and Loss and Other Comprehensive
and received an opinion “fairly presented in material respects Income and Statement of the Consolidated Cash Flow,
of the financial position of PT Bank Pembangunan Daerah presented as follows.
Jawa Timur Tbk as of December 31, 2024 and the financial
performance and cash flows for the year ended on that date, in
accordance with Financial Accounting Standards in Indonesia.
Statement of the Consolidated Financial Position
Tabel Laporan Posisi Keuangan Konsolidasian (in IDR millions)
Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
ASSET
Cash 2,867,479 2,652,775 214,704 8.09%
Current accounts with Bank Indonesia 5,584,147 7,971,412 (2,387,265) (29.95%)
Current accounts with other banks 505,084 491,330 13,754 2.80%
Allowance for impairment losses (277) (1,077) 800 (74.28%)
Current accounts with other banks – Net 504,807 490,253 14,554 2.97%
Placements with Bank Indonesia and other banks 1,633,470 5,234,721 (3,601,251) (68.80%)
Allowance for impairment losses (1,278) (5,026) 3,748 (74.57%)
Current accounts with other banks – Net 1,632,192 5,229,695 (3,597,503) (68.79%)
Spot and forward receivables 1,144 - 1,144 0.00%
Securities 20,367,544 16,323,831 4,043,713 24.77%
Allowance for impairment losses (3,052) (511) (2,541) 497.26%
Securities – Net 20,364,492 16,323,320 4,041,172 24.76%
Marketable securities sold under resale agreement 9,149,544 8,303,663 845,881 10.19%
Receivables from securities purchased under resale
617,860 6,247,318 (5,629,458) (90.11%)
agreements
Other receivables 333,339 275,049 58,290 21.19%
Allowance for impairment losses (79,003) (58,656) (20,347) 34.69%
Other receivables – Net 254,336 216,393 37,943 17.53%
PT Bank Pembangunan Daerah Jawa Timur Tbk 203
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Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Loans and sharia financing
- Related parties 112,444 184,817 (72,373) (39.16%)
- Third parties 75,240,296 54,576,086 20,664,210 37.86%
Total Loans 75,352,740 54,760,903 20,591,837 37.60%
Allowance for impairment losses (2,113,224) (1,364,905) (748,319) 54.83%
Loans – Net 73,239,516 53,395,998 19,843,518 37.16%
Accrued interest incomes 790,520 685,734 104,786 15.28%
Prepaid expenses 206,572 207,452 (880) (0.42%)
Share Equity 2,568 - 2,568 0.00%
Fixed assets and right of use asset
Cost 2,980,176 2,110,487 869,689 41.21%
Accumulated depreciation (1,054,455) (856,218) (198,237) 23.15%
Book value 1,925,721 1,254,269 671,452 53.53%
Intangible asset 162,946 23,444 139,502 595.04%
Deferred tax assets, net 438,391 472,123 (33,732) (7.14%)
Tax receivables 67,274 777 66,497 8,558.17%
Other assets, net 332,618 380,147 (47,529) (12.50%)
TOTAL ASSETS 118,142,127 103,854,773 14,287,354 13.76%
LIABILITY, TEMPORARY SYIRKAH FUNDS, AND EQUITY
LIABILITY
Immediate liabilities 914,703 987,604 (72,901) (7.38%)
Deposits from customers
- Related parties 12,268,842 12,644,538 (375,696) (2.97%)
- Third parties 62,787,996 63,205,317 (417,321) (0.66%)
Total deposits from customers 75,056,838 75,849,855 (793,017) (1.05%)
Deposits from other banks
- Related party 44,323 56,694 (12,371) (21.82%)
- Third party 689,451 2,503,627 (1,814,176) (72.46%)
Total Deposits from Other Banks 733,774 2,560,321 (1,826,547) (71.34%)
Liabilities of marketable securities sold under resale
8,780,366 7,915,163 865,203 10.93%
agreement
Issued security 102,389 - 102,389 0.00%
Borrowings 1,527,532 596,977 930,555 155.88%
204 PT Bank Pembangunan Daerah Jawa Timur Tbk
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2024
Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Tax payable 85,316 143,245 (57,929) (40.44%)
Accrued expenses 442,600 504,748 (62,148) (12.31%)
Other Liabilities 809,256 779,314 29,942 3.84%
TOTAL LIABILITY 88,452,774 89,337,227 (884,453) (0.99%)
TEMPORARY SYIRKAH FUNDS
Deposits from customers
- Related party 1,193,291 3,764 1,189,527 31,602.74%
- Third party 13,765,482 2,343,291 11,422,191 487.44%
Total Deposits from Customers 14,958,773 2,347,055 12,611,718 537.34%
Deposits from other banks
- Related party - - - 0.00%
- Third party 130,541 19,422 111,119 572.13%
Total Deposits from Other Banks 130,541 19,422 111,119 572.13%
TOTAL TEMPORARY SYIRKAH FUNDS 15,089,314 2,366,477 12,722,837 537.63%
TOTAL LIABILITY AND TEMPORARY SYIRKAH FUNDS 103,542,088 91,703,704 11,838,384 12.91%
EQUITY
Share capital:
- Series A: IDR250 (full Rupiah) par value per share
- Series B: IDR250 (full Rupiah) par value per share
Authorized:
- Series A: 24.000.000.000 shares
- Series B: 12.000.000.000 shares
Issued and fully paid:
- Series A - 11.934.147.982 shares
- Series B - 3.081.350.100 shares 3,753,875 3,753,875 - 0.00%
Paid-in capital – Net 532,734 532,734 - 0.00%
Revaluation surplus of fixed assets 788,317 788,049 268 0.03%
Remeasurement of defined employee benefit liability -
(135,364) (117,777) (17,587) 14.93%
net of deferred tax
Unrealized gain (loss) financial assets measured at
fair value through other comprehensive income – net (150,141) (63,958) (86,183) 134.75%
deferred tax
PT Bank Pembangunan Daerah Jawa Timur Tbk 205
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Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Retained Earnings
General reserve 6,441,453 5,788,041 653,412 11.29%
Unappropriated 1,281,718 1,470,105 (188,387) (12.81%)
Non-controlling interest over net asset of the
2,087,447 - 2,087,447 0.00%
consolidated Subsidiary
TOTAL EQUITY 14,600,039 12,151,069 2,448,970 20.15%
TOTAL LIABILITIES, TEMPORARY SYIRKAH, AND
118,142,127 103,854,773 14,287,354 13.76%
SECURITIES
Graph of Statement of the Consolidated Financial Position
(in IDR millions)
118,142,127
103,854,773
89,337,227 88,452,774
15,089,314 12,151,069 14,600,039
2,366,477
Asset Liability Temporary Syirkah Funds Equity
2023 2024
Total Assets
For the fiscal year ending December 31, 2024, Bank Jatim’s total assets was IDR118,142,127 million, increasing 13.76% from the
previous year as of IDR103,854,773 million. This increase in assets was due to the increase in the provided loans, interest income
that would be received, cash, current accounts with other banks, securities, repo securities, other receivables, and the presence of
share equity.
Table of Asset (in IDR millions)
Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Cash 2,867,479 2,652,775 214,704 8.09%
Current accounts with Bank Indonesia 5,584,147 7,971,412 (2,387,265) (29.95%)
Current accounts with other banks 505,084 491,330 13,754 2.80%
Allowance for impairment losses (277) (1,077) 800 (74.28%)
206 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Current accounts with other banks – net 504,807 490,253 14,554 2.97%
Placements with Bank Indonesia and other banks 1,633,470 5,234,721 (3,601,251) (68.80%)
Allowance for impairment losses (1,278) (5,026) 3,748 (74.57%)
Placements with Bank Indonesia and other banks 1,632,192 5,229,695 (3,597,503) (68.79%)
Spot and forward receivables 1,144 - 1,144 0.00%
Securities 20,367,544 16,323,831 4,043,713 24.77%
Allowance for impairment losses (3,052) (511) (2,541) 497.26%
Securities – net 20,364,492 16,323,320 4,041,172 24.76%
Marketable securities sold under resale agreement 9,149,544 8,303,663 845,881 10.19%
Receivables from Securities purchased under resale
617,860 6,247,318 (5,629,458) (90.11%)
agreements
Other receivables 333,339 275,049 58,290 21.19%
Allowance for impairment losses (79,003) (58,656) (20,347) 34.69%
Other receivables – net 254,336 216,393 37,943 17.53%
Loans and sharia financing
- Related parties 112,444 184,817 (72,373) (39.16%)
- Third parties 75,240,296 54,576,086 20,664,210 37.86%
Total Loans 75,352,740 54,760,903 20,591,837 37.60%
Allowance for impairment losses (2,113,224) (1,364,905) (748,319) 54.83%
Loans – net 73,239,516 53,395,998 19,843,518 37.16%
Accrued interest income 790,520 685,734 104,786 15.28%
Prepaid expenses 206,572 207,452 (880) (0.42%)
Share Equity 2,568 - 2,568 0.00%
Fixed asset and right of use asset
Cost 2,980,176 2,110,487 869,689 41.21%
Accumulated depreciation (1,054,455) (856,218) (198,237) 23.15%
Book value 1,925,721 1,254,269 671,452 53.53%
Intangible asset 162,946 23,444 139,502 595.04%
Deferred tax assets, net 438,391 472,123 (33,732) (7.14%)
Tax receivables 67,274 777 66,497 8,558.17%
Other assets, net 332,618 380,147 (47,529) (12.50%)
TOTAL ASSETS 118,142,127 103,854,773 14,287,354 13.76%
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Cash
Cash recorded in 2024 reached IDR2,867,479 million, increasing as of 8.09% than the previous year, which reached IDR2,652,775
million. The increase was from the amount of cash in Rupiah, which increased significantly, and the amount of cash in foreign
currencies in this year, which the total decreased.
Table of Cash (in IDR millions)
Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Rupiah currency
Rupiah 2,821,897 2,593,983 227,914 8.79%
Foreign currency
US Dollar 14,295 26,668 (12,373) (46.40%)
Saudi Arabia Riyal 14,699 15,436 (737) (4.77%)
Singapore Dollar 6,841 7,746 (905) (11.68%)
Malaysia Ringgit 2,909 1,984 925 46.62%
European Euro 2,766 3,113 (347) (11.15%)
Australia Dollar 1,345 1,414 (69) (4.88%
UK Pound sterling 1,168 1,128 40 3.55%
Japanese Yen 846 610 236 38.69%
Hong Kong Dollar 471 368 103 27.99%
Chinese Yuan Renminbi 242 325 (83) (25.54%)
Total foreign currencies 45,582 58,792 (13,210) (22.47%)
Total cash 2,867,479 2,652,775 214,704 8.09%
Current Accounts with Bank Indonesia
In 2024, current accounts with Bank Indonesia were IDR5,584,147 million, decreasing 29.95% than the previous year, which reached
IDR7,971,412 million. The decrease came from the total current accounts with Bank Indonesia. Also, in Indonesia, the rupiah sectors
declined in great number.
Table of Current accounts with Bank Indonesia (in IDR millions)
Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Rupiah 5,551,957 7,940,618 (2,388,661) (30.08%)
US Dollar 32,190 30,794 1,396 4.53%
Total current accounts with Bank Indonesia 5,584,147 7,971,412 (2,387,265) (29.95%)
208 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Current Accounts with other Banks
Current Accounts with Other Banks in 2024 reached IDR504,807 million, increasing as of 2.97% than the previous year, which
reached IDR490,253 million. The increase came from the increasing total of current accounts with other banks in rupiah and current
accounts with other banks in foreign currencies increased in Japanese Yen and Hong Kong Dollar.
Table of Current Accounts with Other Banks (in IDR millions)
Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Rupiah 433,698 336,488 97,210 28.89%
Foreign currency
US Dollar 53,151 78,132 (24,981) (31.97%)
Singapore Dollar 11,744 64,172 (52,428) (81.70%)
Euro Europe 2,003 3,104 (1,101) (35.47%)
Australia Dollar 1,941 3,531 (1,590) (45.03%)
Chinese Yuan Renminbi 812 4,348 (3,536) (81.32%)
UK Pound sterling 757 1,112 (355) (31.92%)
Japanese Yen 572 57 515 903.51%
Hong Kong Dollar 406 386 20 5.18%
Total foreign currencies 71,386 154,842 (83,456) (53.90%)
Total 505,084 491,330 13,754 2.80%
Allowance for impairment losses (277) (1,077) 800 (74.28%)
Total – Net 504,807 490,253 14,554 2.97%
Placements with Bank Indonesia and Other Banks
Placements with Bank Indonesia and Other Banks in 2024 reached IDR1,632,192 million, declining as of 68.79% than the previous
year, which reached IDR5,229,695 million. This decrease was due to a decrease in placements with both Bank Indonesia and other
banks in the types of deposit facilities, interbank call money in rupiah, and time deposits.
Table of Placements with Bank Indonesia and Other Banks (in IDR millions)
Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Deposit facility
Rupiah 665,000 1,150,000 (485,000) (42.17%)
Interbank call money
Rupiah 550,000 3,914,000 (3,364,000) (85.95%)
Foreign currency 418,470 169,367 249,103 147.08%
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Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Term deposit
Rupiah - 1,500 (1,500) (100.00%)
Total 1,633,470 5,234,867 (3,601,397) (68.80%)
Less:
Unamortized discount - (146) 146 (100.00%)
Total 1,633,470 5,234,721 (3,601,251) (68.80%)
Allowance for impairment losses (1,278) (5,026) 3,748 (74.57%)
Total Placements with Bank Indonesia and Other
1,632,192 5,229,695 (3,597,503) (68.79%)
Banks
Spot and Forward Receivables
In 2024, spot and forward receivables was IDR1,144 million, increasing than the previous year, which reached IDR0.00 million. This
increase was due to an increase in foreign exchange rates with buy-sell swap contracts.
Table of Sport and Forward Receivables (in IDR millions)
Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Instrument - - - 0.00%
Related to foreign exchange rates - - - 0.00%
Buy-sell swap contract 1,144 - 1,144 0.00%
Total 1,144 - 1,144 0.00%
Securities
Securities owned by Bank Jatim in 2024 reached IDR20,364,492 million, increasing as of 24.76% than the previous year, which
reached IDR16,323,320 million. This increase was due to the increasing purchase of securities between 1 - 5 years from the previous
year.
Table of Securities by Term and Interest Rate (in IDR millions)
Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Less than 1 year 5,280,112 11,668,277 (6,388,165) (54.75%)
1 - 5 years 10,198,511 4,655,554 5,542,957 119.06%
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Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
More than 5 years 4,888,921 - 4,888,921 0.00%
Total 20,367,544 16,323,831 4,043,713 24.77%
Allowance for impairment losses (3,052) (511) (2,541) 497.26%
Total securities 20,364,492 16,323,320 4,041,172 24.76%
Marketable Securities Sold Under Resale Agreement
Marketable securities under resale agreement by type owned by Bank Jatim in 2024 was IDR9,149,544 million, increasing as of
10.19% than the previous year, which reached IDR8,303,663 million. This increase was due to the increase in the resale of securities.
Table of Marketable Securities under Resale Agreement by Type (in IDR millions)
Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Amortized cost
Government Bonds 3,168,474 4,291,497 (1,123,023) (26.17%)
Sovereign Sharia Securities 1,264,139 2,010,140 (746,001) 0.00%
Total 4,432,613 6,301,637 (1,869,024) (29.66%)
Fair value through other comprehensive income
Government Bonds 4,426,465 2,002,026 2,424,439 121.10%
Sovereign Sharia Securities 290,466 - 290,466 0.00%
Total 4,716,931 2,002,026 2,714,905 135.61%
Total marketable securities 9,149,544 8,303,663 845,881 10.19%
Receivables from Securities Sold Under Resale Agreement
Securities owned by Bank Jatim in 2024 reached IDR617,860 million, decreasing as of -90.11% than the previous year, which reached
IDR6,247,318 million. This decrease was due to the lack of resale of securities.
Table of Marketable Securities Under Repurchase Agreements (Reverse Repo) Based on Net Value and Type (in IDR millions)
Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
PT Bank Capital Indonesia Tbk FR0087 239,536 - 239,536 0.00%
PT Bank Capital Indonesia Tbk FR0059 201,889 - 201,889 0.00%
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Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
PT Bank Capital Indonesia Tbk FR0086 147,125 - 147,125 0.00%
PT Bank KB Bukopin Tbk FR0073 10,236 - 10,236 0.00%
PT Bank Pembangunan Daerah Kalimantan Tengah - 9,646 0.00%
9,646
FR0075
PT Bank Pan Indonesia Tbk IDSR311025364S 9,428 - 9,428 0.00%
PT BPD Kalimantan Timur dan Kalimantan Utara FR0076 - 592,686 (592,686) (100.00%)
PT Bank OCBC NISP Tbk FR0059 - 584,742 (584,742) (100.00%)
PT Bank Sinarmas Tbk FR0087 - 568,092 (568,092) (100.00%)
PT Bank Sinarmas Tbk FR0082 - 483,626 (483,626) (100.00%)
PT BPD Sumatera Selatan dan Bangka Belitung FR0087 - 378,470 (378,470) (100.00%)
PT BPD Sulawesi Tengah FR0080 - 297,288 (297,288) (100.00%)
PT Bank Nationalnobu Tbk VR0044 - 290,042 (290,042) (100.00%)
PT Bank Nationalnobu Tbk VR0063 - 285,578 (285,578) (100.00%)
PT BPD Kalimantan Timur dan Kalimantan Utara 201,649 (201,649) (100.00%)
-
FR0083
PT BPD Kalimantan Timur dan Kalimantan Utara 200,538 (200,538) (100.00%)
-
FR0085
PT BPD Kalimantan Timur dan Kalimantan Utara 198,588 (198,588) (100.00%)
-
FR0084
PT BPD Kalimantan Timur dan Kalimantan Utara 197,768 (197,768) (100.00%)
-
FR0080
PT BPD Kalimantan Timur dan Kalimantan Utara 194,769 (194,769) (100.00%)
-
FR0098
PT BPD Sulawesi Tengah FR0081 - 190,774 (190,774) (100.00%)
PT BPD Sulawesi Utara Gorontalo VR0077 - 188,074 (188,074) (100.00%)
PT Allo Bank Indonesia Tbk FR0091 - 185,910 (185,910) (100.00%)
PT BPD Kalimantan Timur dan Kalimantan Utara FR0091 - 185,726 (185,726) (100.00%)
PT BPD Sulawesi Tengah FR0090 - 185,319 (185,319) (100.00%)
PT Bank CTBC Indonesia FR0084 - 148,942 (148,942) (100.00%)
PT Bank CTBC Indonesia FR0068 - 108,098 (108,098) (100.00%)
PT BPD Papua FR0081 - 95,416 (95,416) (100.00%)
PT BPD Sulawesi Utara Gorontalo VR0063 - 95,212 (95,212) (100.00%)
PT Bank Nationalnobu Tbk VR0072 - 75,326 (75,326) (100.00%)
Bank Indonesia VR0083 - 49,706 (49,706) (100.00%)
PT Bank Nationalnobu Tbk VR0045 - 48,340 (48,340) (100.00%)
PT Bank Nationalnobu Tbk VR0093 - 48,295 (48,295) (100.00%)
PT Bank Nationalnobu Tbk VR0073 - 47,034 (47,034) (100.00%)
PT Bank CTBC Indonesia FR0091 - 46,432 (46,432) (100.00%)
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Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Bank Indonesia VR0070 - 25,358 (25,358) (100.00%)
Bank Indonesia VR0068 - 24,823 (24,823) (100.00%)
Bank Indonesia VR0073 - 24,697 (24,697) (100.00%)
Total 617,860 6,247,318 (5,629,458) (90.11%)
Other Receivables
Other receivables in 2024 were IDR254,336 million, increasing as of 17.53% than the previous year which reached IDR216,393
million. This increase was due to an increase in other receivables.
Table of Other Receivables (in IDR millions)
Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Transfer receivables and ATM 90,862 122,780 (31,918) -26.00%
Other 242,477 152,269 90,208 59.24%
Total 333,339 275,049 58,290 21.19%
Allowance for impairment net realization value (79,003) (58,656) (20,347) 34.69%
Total – net 254,336 216,393 37,943 17.53%
Loans- Net
Loans – net disbursed in 2024 reached IDR73,239,516 million, increasing as of 37.16% than the previous year, which reached
IDR53,395,998 million. This increase was dominated by the increase in the total of third parties’ loans in rupiah, mainly in working
capital, consumption, and the increase in the total of third parties’ foreign currency in working capital.
Table of Loans- Net (in IDR millions)
Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Rupiah
Related parties:
Working capital 7,820 77,134 (69,314) (89.86%)
Consumption 104,624 107,683 (3,059) (2.84%)
Total 112,444 184,817 (72,373) (39.16%)
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Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Third parties
Working capital 20,097,447 15,344,978 4,752,469 30.97%
Investment 410,798 8,002,279 (7,591,481) (94.87%)
Consumption 44,415,662 31,100,590 13,315,072 42.81%
Total 64,923,907 54,447,847 10,476,060 19.24%
Total Rupiah 65,036,351 54,632,664 10,403,687 19.04%
Foreign currency:
Third parties:
Working capital 10,316,389 128,239 10,188,150 7,944.66%
Total foreign currencies 10,316,389 128,239 10,188,150 7,944.66%
Total 75,352,740 54,760,903 20,591,837 37.60%
Allowance for impairment losses (2,113,224) (1,364,905) (748,319) 54.83%
Loans – net 73,239,516 53,395,998 19,843,518 37.16%
Accrued Interest Income
In 2024, accrued interest income was IDR790,520 million, increasing as of 15.28% than the previous year, which reached IDR685,734
million. The increase came from accrued interest income from the granted total of loans in rupiah and both the total of rupiah and
foreign currencies in other sectors.
Table of Accrued Interest Income (in IDR millions)
Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Rupiah:
Loans 472,676 376,942 95,734 25.40%
Others 317,049 308,346 8,703 2.82%
Foreign currency:
Loans 177 277 (100) (36.10%)
Others 618 169 449 265.68%
Table Accrued Interest Income 790,520 685,734 104,786 15.28%
Prepaid Expenses
Prepaid expenses in 2024 reached IDR206,572 million, declining 0.42% than the previous year, which reached IDR207,452 million.
The decrease came from old age benefit insurance and prepaid lease.
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Table of Prepaid Expenses (in IDR millions)
Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Old-age benefit 86,682 97,840 (11,158) (11.40%)
Other insurances 55,345 50,048 5,297 10.58%
Prepaid lease 11,931 22,372 (10,441) (46.67%)
Other 52,614 37,192 15,422 41.47%
Total prepaid expenses 206,572 207,452 (880) (0.42%)
Share Equity
Equity participation in 2024 reached IDR36,216 million, representing an increase of 100.00% compared to 2023, during which there
was no equity participation. This growth was driven by an increase in the ownership percentage.
Table of Share Equity (in IDR millions)
Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Fair value/cost method
Bank NTB Syariah 39,216 - 39,216 100,00%
Total 39,216 - 39,216 100,00%
Fixed Asset and Right of Use Asset
Fixed assets and right of use assets in 2024 reached IDR1,925,721 million, increasing as of 53.53% than the previous year, which
reached IDR1,254,269 million. The increase came mostly from the acquisition of land, premises, office equipment, and vehicles.
Table of Fixed Asset and Right of Use Asset (in IDR millions)
Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Cost
Land 1,240,664 943,060 297,604 31.56%
Premise 533,617 203,722 329,895 161.93%
Office Equipment 759,703 616,366 143,337 23.26%
Vehicle 72,498 51,710 20,788 40.20%
Total 2,606,482 1,814,858 791,624 43.62%
Construction in progress 23,624 796 22,828 2,867.84%
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Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Right of use assets 350,070 294,833 55,237 18.74%
Total cost 2,980,176 2,110,487 869,689 41.21%
Accumulated depreciation
Premise 185,476 125,475 60,001 47.82%
Office equipment 634,905 545,619 89,286 16.36%
Vehicle 33,213 19,490 13,723 70.41%
Total 853,594 690,584 163,010 23.60%
Right of use assets 200,861 165,634 35,227 21.27%
Total accumulated depreciation 1,054,455 856,218 198,237 23.15%
Book value - Net 1,925,721 1,254,269 671,452 53.53%
Intangible Asset
Intangible assets in 2024 were IDR162,946 million, increasing as of 595.04% than the previous year, which reached IDR23,444
million. The increase came mostly from trademark and goodwill.
Table of Intangible Assets (in IDR millions)
Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Cost
Trademark 136,397 - 136,397 0.00%
Software 13,651 23,444 (9,793) (41.77%)
Goodwill 12,898 - 12,898 0.00%
Total 162,946 23,444 139,502 595.04%
Other Assets
Other assets in 2024 reached IDR332,618 million, declining as of 12.50% than the previous year, which reached IDR380,147 million.
The largest decrease came from other assets, net.
Table of Other Assets (in IDR millions)
Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Deferred expenses 18,952 15,861 3,091 19.49%
Office stationaries and printed supplies 38,623 22,264 16,359 73.48%
Other, net 275,043 342,022 (66,979) (19.58%)
Total 332,618 380,147 (47,529) (12.50%)
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Total Liabilities
Total liabilities in 2024 reached IDR88,452,774 million, declining as of 0.99% than the previous year, which reached IDR89,337,227
million. The decrease was dominated by deposits from customers of related parties, third parties, and deposits from other banks of
related parties and third parties.
Table of Liability (in IDR millions)
Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Immediate liabilities 914,703 987,604 (72,901) (7.38%)
Deposit from customer
- Related parties 12,268,842 12,644,538 (375,696) (2.97%)
- Third parties 62,787,996 63,205,317 (417,321) (0.66%)
Total deposits from customer 75,056,838 75,849,855 (793,017) (1.05%)
Deposits from other banks
- Related parties 44,323 56,694 (12,371) (21.82%)
- Third parties 689,451 2,503,627 (1,814,176) (72.46%)
Total deposits from other banks 733,774 2,560,321 (1,826,547) (71.34%)
Liabilities of marketable securities sold under resale
8,780,366 7,915,163 865,203 10.93%
agreement
Issued securities 102,389 - 102,389 0.00%
Borrowings 1,527,532 596,977 930,555 155.88%
Tax payable 85,316 143,245 (57,929) (40.44%)
Accrued expenses 442,600 504,748 (62,148) (12.31%)
Other liabilities 809,256 779,314 29,942 3.84%
Total Liabilities 88,452,774 89,337,227 (884,453) (0.99%)
Immediate Liabilities
Immediate liabilities in 2024 reached IDR914,703 million, declining as of 7.38% than the previous year, which reached IDR987,604
million. The decrease came on average from transfers, cheques pending collections, clearing and ATM Bersama.
Table of Immediate Liabilities (in IDR millions)
Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Transfer, cheques pending collections, clearing 212,970 308,136 (95,166) (30.88%)
Acceptance pending statement 210,454 73,803 136,651 185.16%
Amount involving expenses payable 170,343 150,838 19,505 12.93%
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Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
ATM Bersama - 21,013 (21,013) (100.00%)
Other 320,936 433,814 (112,878) (26.02%)
Total 914,703 987,604 (72,901) (7.38%)
Deposits from Customers
Deposits from customers in 2024 reached IDR75,056,838 million, declining as of 1.05% than the previous year, which reached
IDR75,849,855 million. The decrease came from deposits from related party customers.
Table of Deposits from Customers (in IDR millions)
Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Related parties 12,268,842 12,644,538 (375,696) (2.97%)
Third parties 62,787,996 63,205,317 (417,321) (0.66%)
Total deposits from customers 75,056,838 75,849,855 (793,017) (1.05%)
Deposits from Other Bank
Deposits from other banks in 2024 reached IDR733,774 million, declining as of 71.34% than the previous year, which reached
IDR2,560,321 million. The decrease came from deposits from other banks, third parties and related parties.
Table of Deposits from Other Bank (in IDR millions)
Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Related parties 44,323 56,694 (12,371) (21.82%)
Third parties 689,451 2,503,627 (1,814,176) (72.46%)
Total deposits from other banks 733,774 2,560,321 (1,826,547) (71.34%)
Liabilities of Marketable Securities Sold Under Resale Agreement
Liabilities of marketable securities sold under resale agreement in 2024 reached IDR8,780,366 million, increasing as of 10.93% than
the previous year, which reached IDR7,915,163 million. The increase averagely came from government bonds.
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Table of Liabilities of Marketable Securities Sold Under Resale Agreement (in IDR millions)
Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
By Type
Government Bonds 7,240,023 6,009,856 1,230,167 20.47%
Bank Indonesia Rupiah Securities 1,263,321 - 1,263,321 0.00%
Sovereign Sharia Securities 277,022 1,905,307 (1,628,285) (85.46%)
Jumlah simpanan dari bank lain 8,780,366 7,915,163 865,203 10.93%
Issued Security
Securities issued in 2024 reached IDR102,389 million, increasing as of 0.00% than the previous year, which reached IDR0.00 million.
The increase came on average from Interbank Mudharabah Investment Certificates and Interbank Sharia-based Fund Management
Certificates.
Table of Issued Security (in IDR millions)
Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Interbank Mudharabah Investment Certificates
PT Bank Aceh Syariah 100,000 - 100,000 0.00%
Interbank Sharia-based Fund Management
Certificates
Public Housing Savings Management Agency 2,389 - - -
Total deposits from other banks 102,389 - 102,389 0.00%
Borrowings
Borrowings in 2024 reached IDR1,527,532 million, increasing as of 155.88% than the previous year, which reached IDR596,977
million. The increase came from a increase in borrowings from KPR (FLPP), the Ministry of Public Works and People Housing (PUPR)
of the Republic of Indonesia, the Hajj Financial Management Agency, PT Sarana Multigriya Finansial (Persero) and others.
Table of Borrowings (in IDR millions)
Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Housing Financing Liquidity Facility (FLPP) Mortgage 655,619 - 655,619 0.00%
Ministry of Public Works and People Housing (PUPR) of
510,785 490,810 19,975 4.07%
the Republic of Indonesia
Hajj Financial Management Agency (BPKH) 200,000 - 200,000 0.00%
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Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
PT Sarana Multigriya Finansial (Persero) 99,817 66,821 32,996 49.38%
Revolving Fund Management Institution for
Cooperatives, Micro, Small and Medium Enterprises - 39,253 (39,253) (100.00%)
(LPDB-KUMKM)
East Java Provincial Government - 93 (93) (100.00%)
Other 61,311 - 61,311 0.00%
Total 1,527,532 596,977 930,555 155.88%
Tax Payable
Tax payable in 2024 reached IDR85,316 million, declining as of 40.44% than the previous year, which reached IDR143,245 million.
The decrease came from the Bank’s current tax payable, income tax article 25, income tax article 21 and income tax article 23.
Table of Tax Payable (in IDR millions)
Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Current tax payable
Bank - 20,951 (20,951) (100.00%)
Subsidiary 13,125 - 13,125 0.00%
Sub-total current tax payable 13,125 20,951 (7,826) (37.35%)
Other tax payable - Bank
Corporate income tax article 25 48,482 59,450 (10,968) (18.45%)
Corporate income tax article 21 1,649 48,108 (46,459) (96.57%)
Corporate income tax article 23 698 875 (177) (20.23%)
Corporate income tax article 4 section (2) 14,209 13,446 763 5.67%
Other 447 415 32 7.71%
Total 65,485 122,294 (56,809) (46.45%)
Subsidiary
Corporate income tax article 25 4,227 - 4,227 0.00%
Corporate income tax article 21 663 - 663 0.00%
Corporate income tax article 23 198 - 198 0.00%
Corporate income tax article 4 section (2) 1,618 - 1,618 0.00%
Total 6,706 - 6,706 0.00%
Sub-total other tax payable 72,191 122,294 (50,103) (40.97%)
Total 85,316 143,245 (57,929) (40.44%)
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Annual Report
2024
Deferred Tax Asset
Deferred tax assets in 2024 reached IDR438,391 million, declining as of 7.14% than the previous year, which reached IDR472,123
million. The decrease came on average from production service reserves and allowances for losses on productive assets.
Table of Deferred Tax Asset (in IDR millions)
Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Production service reserves 60,853 69,830 (8,977) (12.86%)
Allowance for loans of earnings assets 248,377 328,215 (79,838) (24.32%)
Unrealized gain on financial assets at fair value through
35,208 15,002 20,206 134.69%
other comprehensive income
Other reserves 10,907 7,758 3,149 40.59%
Right of use assets (3,895) (995) (2,900) 291.46%
Provision for employee benefit 54,178 52,313 1,865 3.57%
Bank’s deferred tax assets 405,628 472,123 (66,495) (14.08%)
Subsidiary
Deferred tax asset 32,763 - 32,763 0.00%
Consolidated deferred tax asset 438,391 472,123 (33,732) (7.14%)
Accrued Expenses
Accrued expenses in 2024 reached IDR442,600 million, decreasing by 12.31% than the previous year, which reached IDR504,748
million. The decrease came from production services reserves and interest.
Table of Accrued Expenses (in IDR millions)
Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Production service reserves 342,296 367,526 (25,230) (6.86%)
Interest 100,304 137,222 (36,918) (26.90%)
Total of accrued expenses 442,600 504,748 (62,148) (12.31%)
Other Liabilities
Other liabilities in 2024 reached IDR809,256 million, increasing as of 3.84% than the previous year, which reached IDR779,314
million. The increase came on average from employee benefit reserves, lease liabilities and others.
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Table of Other Liabilities Based on Rupiah Equivalents (in IDR millions)
Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Rupiah
Provision of employee benefit (Note 44) 361,955 275,329 86,626 31.46%
Security deposits 96,488 116,650 (20,162) (17.28%)
Lease liabilities 32,160 29,538 2,622 8.88%
Principal-channeling loans received 7,336 8,303 (967) (11.65%)
Interest-channeling loans received 3,589 3,582 7 0.20%
Estimated losses on commitments and contingencies 1,221 3,450 (2,229) (64.61%)
Provision and loans administration 12 15 (3) (20.00%)
Other 35,756 4,657 31,099 667.79%
Total 538,517 441,524 96,993 21.97%
Foreign currency
Other 270,739 337,790 (67,051) (19.85%)
Total 270,739 337,790 (67,051) (19.85%)
Total Other Liabilities 809,256 779,314 29,942 3.84%
Temporary Syirkah Funds
Temporary syirkah funds in 2024 reached IDR15,089,314 million, increasing as of 537.63% than the previous year, which reached
IDR2,366,477 million. The increase came from deposits from customers of related parties and third parties and deposits from other
banks of related parties and third parties.
Table of Temporary Syirkah Funds (in IDR millions)
Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Deposits from customers
- Related party 1,193,291 3,764 1,189,527 31,602.74%
- Third party 13,765,482 2,343,291 11,422,191 487.44%
Total deposits from customers 14,958,773 2,347,055 12,611,718 537.34%
Deposits from other banks
- Related party - - - 0.00%
- Third party 130,541 19,422 111,119 572.13%
Total deposits from other banks 130,541 19,422 111,119 572.13%
Total Temporary Syirkah Funds 15,089,314 2,366,477 12,722,837 537.63%
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Equity
Equity in 2024 reached IDR14,600,039 million, increasing as of 20.15% than the previous year, which reached IDR12,151,069 million.
The increase came from unrealized gains (losses) on financial assets measured at fair value through other comprehensive income
- after deferred tax and general reserves.
Tabel Ekuitas (in IDR millions)
Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Share Capital
- Series A: IDR250 (full Rupiah) par value per share
- Series B: IDR250 (full Rupiah) par value per share
Authorized
- Series A: 24.000.000.000 shares
- Series B: 12.000.000.000 shares
Subscribed and fully paid-in
- Series A: 11.934.147.982 shares
- Series B: 3.081.350.100 shares 3,753,875 3,753,875 - 0.00%
Other paid-in capital – net 532,734 532,734 - 0.00%
Revaluation surplus of fixed assets 788,317 788,049 268,00 0.03%
Remeasurement of defined employee benefit liability
(135,364) (117,777) (17,587,00) 14.93%
-net of deferred tax
Unrealized gain (loss) financial assets measured at
fair value through other comprehensive income – net (150,141) (63,958) (86,183,00) 134.75%
deferred tax
Retained Earnings
General reserve 6,441,453 5,788,041 653,412,00 11.29%
Unappropriated 1,281,718 1,470,105 (188,387,00) (12.81%)
Non-controlling interest over net asset of the
2,087,447 - 2,087,447 100.00%
consolidated Subsidiary
Total Equity 14,600,039 12,151,069 2,448,970 20.15%
Share Capital
Share capital in 2024 reached IDR3,753,875 million, remaining stable with no change of 0.00% compared to the previous year, which
was IDR3,753,875 million. This stability is due to the shares being from Series B.
Additional Paid in Capital – Net
Additional paid-in capital in 2024 reached IDR532,734 million, which was steady at 0.00% than the previous year, which reached
IDR532,734 million. There was no change due to Stock Option for the Management and Employee Stock Option Plan (MESOP)
program.
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Table of Additional Paid in Capital - Net (in IDR millions)
Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Share premium from the Initial Public Offering (IPO) 509,369 509,369 - 0.00%
Stock option for the Management and Employee Stock
23,365 23,365 - 0.00%
Option Plan (MESOP)
Total 532,734 532,734 - 0.00%
Retained Earnings
The retained earnings in 2024 reached IDR1,281,718 million, declining as of 12.81% than the previous year, which reached IDR1,470,105
million. The decrease came from loans interest income and its unappropriated.
Table of Retained Earnings (in IDR millions)
Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Unappropriated 1,281,718 1,470,105 (188,387) (12.81%)
Retained Earnings 1,281,718 1,470,105 (188,387) (12.81%)
Consolidated Statement of Profit or Loss and Other Comprehensive Income
Table of Consolidated Statement of Profit or Loss and Other Comprehensive Income (in IDR millions)
Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
OPERATIONAL INCOME AND EXPENSES
Interest income 8,381,809 7,357,284 1,024,525 13.93%
Interest expense (2,656,211) (2,316,184) (340,027) 14.68%
NET INTEREST INCOME 5,725,598 5,041,100 684,498 13.58%
OTHER OPERATIONAL INCOME 832,238 648,420 183,818 28.35%
OTHER OPERATIONAL EXPENSES
Labor (1,745,062) (1,624,532) (120,530) 7.42%
General and administrative (1,499,676) (1,315,015) (184,661) 14.04%
Provision for impairment of financial assets (1,287,595) (694,136) (593,459) 85.50%
Other expenses (368,502) (200,796) (167,706) 83.52%
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Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
TOTAL OTHER OPERATING EXPENSES (4,900,835) (3,834,479) (1,066,356) 27.81%
OPERATING PROFIT 1,657,001 1,855,041 (198,040) (10.68%)
NON-OPERATING INCOME (EXPENSE)
Non-operating income 71,242 57,041 14,201 24.90%
Non-operating expenses (45,526) (19,339) (26,187) 135.41%
TOTAL NON-OPERATING INCOME (EXPENSE) 25,716 37,702 (11,986) (31.79%)
PROFIT BEFORE INCOME TAX EXPENSE 1,682,717 1,892,743 (210,026) (11.10%)
INCOME TAX EXPENSE
Now/Current (298,802) (399,474) 100,672 (25.20%)
Deferred (88,097) (23,164) (64,933) 280.32%
TAX EXPENSE - NET (386,899) (422,638) 35,739 (8.46%)
NET INCOME 1,295,818 1,470,105 (174,287) (11.86%)
OTHER COMPREHENSIVE INCOME
Items that will not be reclassified to profit or loss:
Unrealized gains (losses) on financial assets at fair
(107,359) 63,074 (170,433) (270.21%)
value through other comprehensive income
Related income tax 20,206 (11,984) 32,190 (268.61%)
Total (87,153) 51,090 (138,243) (270.59%)
Items that will be reclassified to profit or loss:
Fixed asset revaluation deficit (16,190) (1,949) (14,241) 730.68%
Remeasurement of employee benefit liabilities (20,469) (21,898) 1,429 (6.53%)
Related income tax 3,627 5,033 (1,406) (27.94%)
Total (33,032) (18,814) (14,218) 75.57%
OTHER COMPREHENSIVE INCOME - NET AFTER TAX (120,185) 32,276 (152,461) (472.37%)
TOTAL COMPREHENSIVE INCOME 1,175,633 1,502,381 (326,748) (21.75%)
Income for the year attributable to:
Employes of the parent 1,281,718 1,470,105 (188,387) (12.81%)
Non-controlling interests 14,100 - 14,100 0.00%
Total 1,295,818 1,470,105 (174,287) (11.86%)
Comprehensive income for the year attributable to:
Employers of the parent 1,178,216 1,502,381 (324,165) (21.58%)
Non-controlling interests (2,583) - (2,583) 0.00%
Total 1,175,633 1,502,381 (326,748) (21.75%)
BASIC EARNINGS PER SHARE 85,36 97,91 (13) (12.82%)
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Consolidated Statement of Profit and Loss and Other Comprehensive Income
(in IDR millions)
5,725,598
5,041,100 4,900,835
3,834,479
1,855,041
1,657,001
1,470,105 1,295,818
832,238
648,420
Net Interest and Sharia Other Operational Operational Operational
Profit for the Year
Income Income Expenses Profit
2023 2024
Interest and Sharia Income
In 2024, Bank Jatim‘s net interest and sharia income was recorded at IDR8,381,809 million, an increase of 13.93% from last year‘s
IDR7,357,284 million. This increase was mainly influenced by the increase in income from related parties, namely profit sharing
income margin, income from third parties, namely on loans granted, margin securities and profit sharing income and Bank Indonesia
Certificates.
Table of Interest and Sharia Income (in IDR millions)
Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Related Parties (Note 45)
Loans disbursed 5,820 13,961 (8,141) (58.31%)
Margin and profit sharing income 695 7 688 9,828.57%
Third parties
Loans disbursed 6,030,856 4,837,915 1,192,941 24.66%
Placements with Bank Indonesia and Other Banks 1,589,237 1,806,519 (217,282) (12.03%)
Securities
Amortized cost 424,913 423,992 921 0.22%
Margin and profit sharing income 190,656 157,455 33,201 21.09%
Provision 96,953 90,157 6,796 7.54%
Bank Indonesia Certificate 23,298 23,226 72 0.31%
Others 19,381 4,052 15,329 378.31%
Total interest and Sharia Income 8,381,809 7,357,284 1,024,525 13.93%
Interest and Sharia Expenses
Interest and sharia expenses in 2024 reached IDR2,656,211 million, an increase of 14.68% compared to the previous year which
reached IDR2,316,184 million. The increase came from related parties and third parties, namely time deposits, savings, current
accounts, liabilities for securities sold under agreements to repurchase, other banks, loans received, securities and credit.
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Interest and Sharia Expenses (in IDR millions)
Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Related Parties (Note 45)
Time deposits 316,640 309,603 7,037 2.27%
Saving accounts 869 827 42 5.08%
Current accounts 159,816 148,694 11,122 7.48%
Total 477,325 459,124 18,201 3.96%
Third parties
Time deposits 1,534,848 1,359,679 175,169 12.88%
Saving accounts 331,309 279,326 51,983 18.61%
Current accounts 22,480 52,230 (29,750) (56.96%)
Liabilities of securities sold under agreement to 117,839 72,499 61.52%
190,338
repurchase
Other banks 81,048 38,680 42,368 109.53%
Borrowings 15,130 8,543 6,587 77.10%
Marketable securities 68 - 68 0.00%
Credit 3,665 763 2,902 380.34%
Total 2,178,886 1,857,060 321,826 17.33%
Total interest and sharia expenses 2,656,211 2,316,184 340,027 14.68%
Interest and Sharia Income-Net
Interest and sharia income, net in 2024 reached IDR5,725,598 million, an increase of 13.58% compared to the previous year which
reached IDR5,041,100 million. This increase was mainly influenced by interest and sharia income.
Table of Interest and Sharia Income-Net (in IDR millions)
Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Interest and sharia income 8,381,809 7,357,284 1,024,525 13.93%
Interest and sharia expenses (2,656,211) (2,316,184) (340,027) 14.68%
Interest and Sharia Income-Net 5,725,598 5,041,100 684,498 13.58%
Other Operational Income
Other operational income in 2024 reached IDR832,238 million, an increase of 28.35% compared to the previous year which reached
IDR648,420 million. This increase was due to several influencing factors, namely the administration of current accounts, savings,
deposits, re-acceptance of written-off credits, commission provisions other than from credit provided and others.
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Table of Other Operational Income (in IDR millions)
Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Current accounts, savings and deposits administration fees 212,487 193,996 18,491 9.53%
Collection of loans written-off 156,285 127,264 29,021 22.80%
Fees and commissions from other than loans 47,618 22,093 25,525 115.53%
Loan administration fees 28,643 30,880 (2,237) (7.24%)
Others 387,205 274,187 113,018 41.22%
Other operational income total 832,238 648,420 183,818 28.35%
Operational Expenses
Operational expenses in 2024 reached IDR4,900,835 million, an increase of 27.81% compared to the previous year which reached
IDR3,834,479 million. This increase was mainly due to an increase in employee benefits, general and administrative, provisions for
impairment losses on financial assets and other expenses.
Table of Operational Expenses (in IDR millions)
Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Labor and employee benefits (1,745,062) (1,624,532) (120,530) 7.42%
General and administrative (1,499,676) (1,315,015) (184,661) 14.04%
Provision for impairment losses on financial assets (1,287,595) (694,136) (593,459) 85.50%
Other expenses (368,502) (200,796) (167,706) 83.52%
Total other operating expenses (4,900,835) (3,834,479) (1,066,356) 27.81%
Operational Profit
Operational profit in 2024 reached IDR1,657,001 million, down 10.68% compared to the previous year which reached IDR1,855,041
million. This decline was due to an increase in the amount of other operating expenses.
Table of Operational Profit (in IDR millions)
Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Interest and sharia income-net 5,725,598 5,041,100 684,498 13.58%
Total other operational income 832,238 648,420 183,818 28.35%
Total operational expenses (4,900,835) (3,834,479) (1,066,356) 27.81%
Operational profit 1,657,001 1,855,041 (198,040) (10.68%)
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Non-Operating Income (Expenses)
Operational income (expenses) in 2024 reached IDR71,242 million, an increase of 24.90% compared to the previous year which
reached IDR57,041 million. This increase was due to net gains on sales of securities, tax service fees and others.
Table of Non-Operating Income (Expenses) (in IDR millions)
Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Gain on sale of marketable securities-net 10,241 8,698 1,543 17.74%
Tax service fee 7,563 6,444 1,119 17.36%
Gain on sale of fixed assets 1,470 5,608 (4,138) -73.79%
Gain (loss) on exchange rate differences 695 2,390 (1,695) -70.92%
Others 51,273 33,901 17,372 51.24%
Total non-operating income (expenses) 71,242 57,041 14,201 24.90%
Profit Before Tax Expense
Profit before tax expense in 2024 reached IDR1,682,717 million, decreased by 11.10% compared to the previous year which reached
IDR1,892,743 million. The decrease was due to a decrease in operating profit.
Table of Profit Before Tax Expense (in IDR millions)
Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Operational profit 1,657,001 1,855,041 (198,040) (10.68%)
Total non-operating income-net 25,716 37,702 (11,986) (31.79%)
Profit Before Tax Expense 1,682,717 1,892,743 (210,026) (11.10%)
Tax Expense – Net
Net tax expense in 2024 reached IDR386,899 million, decreasing by 8.46% compared to the previous year which reached IDR422,638
million. The decrease in net tax expense was influenced by tax restitution.
Table of Tax Expense-Net (in IDR millions)
Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Tax expense-net (386,899) (422,638) 35,739 (8.46%)
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Profit for the Year
Profit for the year 2024 reached IDR1,295,818 million, decreasing by 11.86% compared to the previous year which reached
IDR1,470,105 million. This decline was due to a decrease in income before tax and net tax expenses.
Table of Profit for The Year (in IDR millions)
Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Profit before tax expense 1,682,717 1,892,743 (210,026) (11.10%)
Tax expense-net (386,899) (422,638) 35,739 (8.46%)
Profit for the year 1,295,818 1,470,105 (174,287) (11.86%)
Other Comprehensive Income
Other comprehensive income in 2024 reached IDR120,185 million, a decrease of 472.37% compared to the previous year which
reached IDR32,276 million. This decrease came from unrealized gains (losses) on financial assets measured at fair value through
other comprehensive income.
Table of Other Comprehensive Income (in IDR millions)
Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Other comprehensive income (expenses):
Items to be reclassified to profit or loss:
Unrealized gains (losses) on financial assets at fair
(107,359) 63,074 (170,433) (270.21%)
value through other comprehensive income
Related income taxes 20,206 (11,984) 32,190 (268.61%)
Total (87,153) 51,090 (138,243) (270.59%)
Items that will not be reclassified to profit or loss:
Fixed asset revaluation surplus (deficit) (16,190) (1,949) (14,241) 730.68%
Remeasurement of employee benefit liabilities (20,469) (21,898) 1,429 (6.53%)
Related income tax 3,627 5,033 (1,406) (27.94%)
Total (33,032) (18,814) (14,218) 75.57%
Other comprehensive income net of tax (120,185) 32,276 (152,461) (472.37%)
Comprehensive Income for the Year
Comprehensive income for the year 2024 reached IDR1,175,633 million, decreasing by 21.75% compared to the previous year which
reached IDR1,502,381 million. This decline was triggered by a decrease in other comprehensive income and income for the year.
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Table of Comprehensive Income for The Year (in IDR millions)
Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Income for The Year 1,295,818 1,470,105 (174,287) (11.86%)
Other comprehensive income net of tax (120,185) 32,276 (152,461) (472.37%)
Comprehensive income for the year 1,175,633 1,502,381 (326,748) (21.75%)
Basic Earnings Per Share
Basic earnings per share in 2024 reached basic earnings per share of IDR85.36, down 12.82% compared to the previous year which
reached basic earnings per share of IDR97.91. This decrease was triggered by profit growth for the calculation of basic earnings per
share.
Table of Basic Earnings Per Share
Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Profit for the year attributable to owners of the parent
1,281,718 1,470,105 (188,387) (12.81%)
entity
Weighted average number of ordinary shares
15,015,498,082 15,015,307,082 191,000 0.00%
outstanding (in full amount)
Basic earnings per share attributable to owners of the
85,36 97,91 (13) (12.82%)
parent entity (in full amount)
Consolidated Cash Flow Statement
Table of Consolidated Cash Flow Statement (in IDR millions)
Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
CASH FLOW FROM OPERATING ACTIVITIES
Receipt of interest, fees and commissions 8,306,344 7,324,150 982,194 13.41%
Payment of interest (2,708,316) (2,310,264) (398,052) 17.23%
Receipt of other operating income 675,952 521,156 154,796 29.70%
Receipt of written-off loans 156,285 127,264 29,021 22.80%
Payment of general and administrative expenses (1,566,455) (1,283,327) (283,128) 22.06%
Payment of labor expenses (1,836,797) (1,763,167) (73,630) 4.18%
Receipt of non-operating income 69,815 60,386 9,429 15.61%
Payment of non-operating expenses (45,428) (19,337) (26,091) 134.93%
Payment of income tax (313,729) (368,455) 54,726 (14.85%)
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Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Cash receipts before changes in operating assets and
2,737,671 2,288,406 449,265 19.63%
liabilities
Decrease (increase) in operating assets
Placements with Bank Indonesia and other banks 101,500 (1,500) 103,000 (6.866.67%)
Loans (10,079,129) (9,193,797) (885,332) 9.63%
Spot and derivative receivables (1,144) - (1,144) 0.00%
Securities sold under repurchase agreements (845,882) (4,208,597) 3,362,715 (79.90%)
Receivables from securities purchased under resale
5,629,458 1,575,529 4,053,929 257.31%
agreements
Other assets (112,232) (166,678) 54,446 (32.67%)
Increase (decrease) in operating liabilities -
Immediate Liabilities (167,942) 115,091 (283,033) (245.92%)
Customer deposits (329,793) (3,570,473) 3,240,680 (90.76%)
Deposits from other banks (1,834,568) (759,380) (1,075,188) 141.59%
Liabilities for securities sold under agreements to
865,203 4,023,817 (3,158,614) (78.50%)
repurchase
Other liabilities (183,478) 200,981 (384,459) (191.29%)
Net cash used for operating activities (4,220,336) (9,696,601) 5,476,265 (56.48%)
CASH FLOW FROM INVESTING ACTIVITIES
Marketable Securities (1,421,131) 6,948,323 (8,369,454) (120.45%)
Purchase of fixed assets (128,851) (132,044) 3,193 (2.42%)
Purchase of intangible assets (3,377) (17,254) 13,877 (80.43%)
Proceeds from sale of fixed assets 1,470 5,608 (4,138) (73.79%)
Acquisition of Subsidiaries (100,000) - (100,000) 0.00%
Cash obtained from acquisition of Subsidiaries 1,126,261 - 1,126,261 0.00%
Net cash obtained from (used for) investing activities (525,628) 6,804,633 (7,330,261) (107.72%)
CASH FLOW FROM FINANCING ACTIVITIES
Receipts (payments) from loans received (230,423) 43,578 (274,001) (628.76%)
Receipts (payments) of lease liabilities (15,724) 6,316 (22,040) (348.96%)
Additions to paid-in capital 50,100 - 50,100 0.00%
Payment of cash dividends (816,693) (797,173) (19,520) 2.45%
Marketable securities issued 100,000 - 100,000 0.00%
Net cash used for financing activities (912,740) (747,279) (165,461) 22.14%
NET DECREASE IN CASH AND CASH EQUIVALENTS (5,658,704) (3,639,247) (2,019,457) 55.49%
Cash and cash equivalents at the beginning of the year 16,348,884 19,988,131 (3,639,247) (18.21%)
Cash and cash equivalents at the end of the year 10,690,180 16,348,884 (5,658,704) (34.61%)
Cash and cash equivalents consist of:
Cash 2,867,479 2,652,775 214,704 8.09%
Current accounts with Bank Indonesia 5,584,147 7,971,412 (2,387,265) (29.95%)
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Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Current accounts with other banks 505,084 491,330 13,754 2.80%
Placements with Bank Indonesia and other banks
1,733,470 5,233,367 (3,499,897) (66.88%)
maturing in 3 months or less from the date of acquisition
Total cash and cash equivalents 10,690,180 16,348,884 (5,658,704) (34.61%)
Consolidated Cash Flow Statement Graph
(in IDR millions)
6,804,633
(525,628) (747,279) (912,740)
(4,220,336)
(9,696,601)
Net cash flow provide (used in) Net cash flow provide (used in) Net cash flow used in
operating activities investing activities financing activities
2023 2024
At the end of 2024, Bank Jatim recorded a final cash and cash Cash Flow from Investment Activities
equivalent balance of IDR10,690,180 million, a decrease of
34.61% compared to 2023 which was IDR16,348,884 million. Net cash used for operating activities in 2024 amounted to
The decrease in cash balance was mainly due to a decrease in IDR525,628 million, a decrease of 107.72% compared to 2023
placements with Bank Indonesia and Other Banks and net cash which amounted to IDR6,804,633 million. The highest cash
obtained from operating activities. outflows were primarily due to the purchase of government
bonds, acquisition of securities, as well as the purchase of
Cash Flow from Operating Activities intangible assets and proceeds from the sale of fixed assets.
This indicates that Bank Jatim is still making additional
Net cash obtained from operating activities in 2024 amounted investments but has not received returns in the form of cash
to IDR4,220,336 million, a decrease of 56.48% compared to from investments made during 2023.
2023 which amounted to IDR9,696,601 million. Net cash flow
is the reduction between cash inflow and cash outflow. The Cash Flow from Funding Activities
highest cash inflows include increases in interest income,
investment and sharia, premium income, other operating Net cash used for financing activities in 2024 amounted
income, non-operating income, increases in customer deposits, to IDR912,740 million, an increase of 22.14% compared to
and increases in deposits from other banks. The highest cash 2023 which amounted to IDR747,279 million. This was mainly
outflows include loans, interest payments, and other operating influenced by the payment of loans received. The highest cash
expenses. This means that Bank Jatim is able to carry out good inflows came from, among others, an increase in loans received.
business processes by utilizing its operational sources such as The highest cash outflows came from, among others, dividend
credit provided, customer deposits, and tax payments into cash payments and a decrease in securities issued. This means that
that has been recognized and obtained. Bank Jatim is still able to obtain cash in the form of funding
from loans received which is able to cover cash outflows in the
form of dividends and others.
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Ability to Pay Debt and Receivable 3. The bank ensures that creditors receive fines for payments
Collectibility that exceed the agreed schedule.
4. The bank ensures that payments of principal and interest
Ability to Pay Debt on loans are not be subject to penalties if the payment
schedule falls on a holiday and will be paid on the next
Bank Jatim’s ability to pay debts is measured through several working day.
ratios including liquidity ratio, solvency ratio, and profitability
ratio. These ratios will be a benchmark for banks in measuring Ability to Pay Short-Term Debt (Bank Liquidity)
the possibility of risks that arise in bank operational activities.
The liquidity ratio is measured by comparing the amount of
loan granted to the amount of customer deposits (Loan to
Protection of Creditors’ Rights Deposit Ratio/LDR) to determine the Bank’s ability to repay
obligations to customers who have deposited their funds with
Bank Jatim has a policy on the fulfillment of creditor rights loan and financing that has been given to debtors as a source
used as a guideline in making loans. The purpose of the policy of liquidity. In 2024, Bank Jatim’s Loan to Deposit Ratio (LDR)
is to ensure the fulfillment of rights and maintain creditor trust was recorded at 82.05%, an increase of 12.02% compared to
in the Bank. The policy includes considerations in making 2023, which stood at 70.03%. This increase reflects the bank’s
agreements, as well as follow-up in fulfilling obligations to growth in credit distribution relative to the third-party funds
creditors. Bank Jatim explains the creditor rights in the Credit successfully raised. Despite the rise, Bank Jatim’s LDR remains
Agreement (PK) including: within a healthy and controlled range, in line with regulatory
1. The bank ensures that the creditor receives the principal requirements. This indicates that the bank continues to
and interest on the loan according to the agreed schedule. maintain a balance between loan expansion and liquidity. As a
2. The bank ensures that the creditor receives the loan usage result, Bank Jatim is in a strong liquidity position and is able to
report. meet all of its short-term obligations optimally.
Table of Liquidity Ratio (in %)
Increase/
Description 2024 2023
Decrease
(1) (2) (3) (2)-(3)
Loan to Deposit Ratio (LDR) 82.05% 70.03% 12.02%
Ability to Pay Long-Term Debt (Bank Solvability)
Bank Jatim’s Capital Adequacy Ratio (CAR) in 2024 was Jatim’s capital structure is sufficiently capable of anticipating
recorded at 23.99%, a decrease of 1.72% compared to 2023, various risks, including market risk, credit risk, and operational
which was 25.71%. Despite the decline, this CAR remains at a risk. This reflects prudent capital management and the bank’s
safe level and well above the minimum requirement set by Bank ability to maintain adequate capital to protect against solvency
Indonesia/OJK of 14%. The high CAR ratio indicates that Bank risks.
Table of Solvency Ratio (in %)
Increase/
Description 2024 2023
Decrease
(1) (2) (3) (2)-(3)
CAR-TIER I 22.83% 24.56% (1.73%)
CAR-TIER II 1.16% 1.15% 0.01%
CAR (Credit, Market, and Operational Risk) 23.99% 25.71% (1.72%)
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Receivable Collectibility
The level of collectibility of Bank receivables can be seen from the value of the Non Performing Loan (NPL) ratio. The NPL ratio is a
benchmark to see how much problematic or bad loan is from all loans given by the bank to customers. The smaller the NPL value, the
better the Bank’s performance in collectibility of receivables and indicates good credit quality.
Table of Non Performing Loan Ratio (in %)
Increase/
Description 2024 2023
Decrease
(1) (2) (3) (2)-(3)
Non Performing Loan (NPL) Gross 3.45% 2.49% 0.96%
Non Performing Loan (NPL) Nett 1.53% 1.21% 0.32%
In 2024, Bank Jatim‘s Gross Non-Performing Loan (NPL) ratio improve asset quality through strengthened risk management
was recorded at 3.45%, an increase of 0.96% compared to and intensive handling of non-performing loans.
2023, which stood at 2.49%. Meanwhile, the Net NPL ratio in
2024 reached 1.53%, representing an increase of 0.32% from The Bank loan quality is divided based on its collectibility level,
the previous year, which was 1.21%. The rise in the Net NPL ratio namely into groups of current, special mention, substandard,
was primarily driven by an increase in non-performing loans doubtful, and loss. The purpose of the loan classification is so
in the medium and retail credit segments throughout 2024. that the Bank can routinely monitor the loans that have been
Despite the increase, Bank Jatim continues to take measures to distributed.
Table of Loans Granted Based on Type and Collectibility (in IDR millions)
Special Sub
Description Current Doubtful Loss Total
Mention Standard
2024
Rupiah
Working Capital
Consumption 7,820 - - - - 7,820
Total 104,391 - - - 233 104,624
Third Parties 112,211 - - - 233 112,444
Working Capital
Investment 17,568,445 1,112,444 99,547 124,032 1,192,979 20,097,447
Consumption 394,793 1,397 31 - 14,577 410,798
Total 43,218,336 540,376 50,337 63,400 543,213 44,415,662
Total Rupiah 61,181,574 1,654,217 149,915 187,432 1,750,769 64,923,907
Total Rupiah 61,293,785 1,654,217 149,915 187,432 1,751,002 65,036,351
Foreign Currencies
Third Parties
Working Capital 8,895,748 1,181,731 27,952 23,363 187,595 10,316,389
Total 8,895,748 1,181,731 27,952 23,363 187,595 10,316,389
Total Foreign Currencies 8,895,748 1,181,731 27,952 23,363 187,595 10,316,389
Total 70,189,533 2,835,948 177,867 210,795 1,938,597 75,352,740
Allowance for impairment losses (431,246) (356,037) (62,386) (72,734) (1,190,821) (2,113,224)
Total – Net 69,758,287 2,479,911 115,481 138,061 747,776 73,239,516
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Special Sub
Description Current Doubtful Loss Total
Mention Standard
2023
Rupiah
Related Parties
Working Capital - - - - - -
Consumption 107,395 - - - 288 107,683
Total 107,395 - - - 288 107,683
Third Parties
Working Capital 13,818,154 924,261 59,999 88,048 531,650 15,422,112
Investment 6,786,068 1,060,393 6,918 13,921 134,979 8,002,279
Consumption 30,193,793 378,777 30,496 36,134 461,390 31,100,590
Total 50,798,015 2,363,431 97,413 138,103 1,128,019 54,524,981
Total Rupiah 50,905,410 2,363,431 97,413 138,103 1,128,307 54,632,664
Foreign Currencies
Third Parties
Working Capital 128,239 - - - - 128,239
Total 128,239 - - - - 128,239
Total Foreign Currencies 128,239 - - - - 128,239
Total 51,033,649 2,363,431 97,413 138,103 1,128,307 54,760,903
Allowance for impairment losses (427,551) (236,983) (27,840) (49,043) (623,488) (1,364,905)
Total – Net 50,606,098 2,126,448 69,573 89,060 504,819 53,395,998
Growth 2023 - 2024
Rupiah
Related Parties
Working Capital 7,820 - - - - 7,820
Consumption (3,004) - - - (55) (3,059)
Total 4,816 - - - (55) 4,761
Third Parties
Working Capital 3,750,291 188,183 39,548 35,984 661,329 4,675,335
Investment (6,391,275) (1,058,996) (6,887) (13,921) (120,402) (7,591,481)
Consumption 13,024,543 161,599 19,841 27,266 81,823 13,315,072
Total 10,383,559 (709,214) 52,502 49,329 622,750 10,398,926
Total Rupiah 10,388,375 (709,214) 52,502 49,329 622,695 10,403,687
Foreign Currencies
Third Parties
Working Capital 8,767,509 1,181,731 27,952 23,363 187,595 10,188,150
Total 8,767,509 1,181,731 27,952 23,363 187,595 10,188,150
Total Foreign Currencies 8,767,509 1,181,731 27,952 23,363 187,595 10,188,150
Total 19,155,884 472,517 80,454 72,692 810,290 20,591,837
Allowance for impairment losses (3,695) (119,054) (34,546) (23,691) (567,333) (748,319)
Total – Net 19,152,189 353,463 45,908 49,001 242,957 19,843,518
Total 37.85% 16.62% 65.99% 55.02% 48.13% 37.16%
Net loans disbursed in 2024 amounted to IDR73,239,516 million, an increase of 37.16% compared to 2023 which was IDR53,395,998
million with the classification of current loans in 2024 amounting to IDR69,758,287 million, special mention of IDR2,479,911 million,
substandard of IDR115,481 million, doubtful of IDR138,061 million, and loss of IDR747,776 million.
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Other Financial Ratios
Other financial ratios of Bank Jatim include profitability ratio, efficiency ratio and compliance ratio presented as follows.
Table of Other Financial Ratios (in %)
Increase/
Description 2024 2023
Decrease
(1) (2) (3) (2)-(3)
PROFITABILITY RATIO
Return on Assets (ROA) 1.60% 1.87% (0.27%)
Return on Equity (ROE) 11.89% 13.96% (2.07%)
Net Interest Margin (NIM) 5.86% 5.57% 0.29%
EFFICIENCY RATIO
Operating Expenses to Operating Income (BOPO) 81.89% 77.27% 4.62%
COMPLIANCE RATIO
Statutory reverses in rupiah 1.66% 2.49% (0.83%)
Statutory reverses in foreign exchange 9.02% 6.62% 2.40%
Return On Assets (ROA) Operating Expenses to Operating Income (BOPO)
Bank Jatim’s Return on Assets (ROA) in 2024 was recorded at Bank Jatim’s Operating Expense to Operating Income Ratio
1.60%, a decrease of 0.27% compared to 2023, which stood (BOPO) in 2024 was recorded at 81.89%, an increase of 4.62%
at 1.87%. This decline was primarily due to an increase in total compared to 2023, which stood at 77.27%. The increase in the
assets that was not proportionately matched by the growth in BOPO ratio was primarily driven by the rise in fund interest
net profit. expenses throughout 2024, which led to a higher total
operating expense.
Return On Equity (ROE)
Statutory Reverse Requirement (GWM)
Bank Jatim‘s Return on Equity (ROE) in 2024 was recorded at
11.89%, a decrease of -2.07% compared to 2023, which stood In 2024, Bank Jatim’s Statutory Reserve (GWM) in Rupiah was
at 13.96%. This decline in ROE was primarily driven by an recorded at 1.66%, while the GWM in Foreign Currency reached
increase in equity that was not proportionately matched by the 9.02%. These liquidity positions are under the provisions of
growth in net profit. Bank Indonesia Regulation No. 19/6/PBI/2017 dated April
17, 2017, regarding the Fifth Amendment to Bank Indonesia
Net Interest Margin (NIM) Regulation No. 15/15/PBI/2013 dated December 24, 2013,
on Minimum Reserve Requirements in Rupiah and Foreign
Bank Jatim’s Net Interest Margin (NIM) in 2024 was recorded at Currency for Conventional Commercial Banks. This reflects
5.86%, an increase of 0.29% compared to 2023, which stood at Bank Jatim’s compliance with regulatory requirements and its
5.57%. This increase in NIM was primarily driven by the growth ability to maintain optimal liquidity positions.
in loan and financing distribution, which contributed to the rise
in net interest income throughout 2024.
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Fund Interest Rate
Information on competitive interest rates for savings, deposits and current accounts at Bank Jatim is presented as follows:
Table of Savings Interest Rate as of December 2024
Tier Interest rate
SIMPEDA
0 - < IDR1 million 0.00%
IDR1 million - < IDR10 million 0.50%
IDR10 million - < IDR50 million 0.75%
IDR50 million - < IDR500 million 1.00%
≥ IDR500 million 1.50%
SIKLUS
0 - < IDR1 million 0.00%
IDR1 million - < IDR10 million 0.75%
IDR10 million - < IDR50 million 1.00%
IDR50 million - < IDR500 million 1.25%
≥ IDR500 million 1.50%
SIKLUS MIKRO KECIL (SiUMI)
0 - IDR500 thousand 0.00%
> IDR500 thousand 1.50%
SIKLUS NELAYAN (SiNyal)
0 - IDR500 thousand 0.00%
> IDR500 thousand 0.50%
HAJI
All nominal 1.00%
TABUNGANKU
0 - IDR500 thousand 0.00%
>IDR500 thousand - IDR1 million 0.25%
>IDR1 million 1.00%
Notes:
• Interest is calculated daily and in accordance with the applicable tiering
• Interest is paid according to the payment period
SIKLUS PRIORITAS
0 - < IDR500 thousand 0.00%
IDR500 thousand - < IDR7.5 million 1.50%
IDR7.5 million - < IDR100 million 1.75%
IDR100 million - < IDR1 billion 2.00%
≥IDR1 billion 2.25%
SIMPANAN LAKU PANDAI
All nominal 0.50%
SIKLUS PENSIUN
0 - < IDR250 thousand 0.00%
IDR250 thousand - < IDR7.5 million 1.25%
IDR7.5 million - < IDR100 million 1.50%
≥IDR100 million 1.75%
SIKLUS VALAS
USD
< USD 100 0.00%
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Tier Interest rate
> USD100.00-≤ USD10,000.00 0.05%
> USD10,000.00-≤ USD100,000.00 0.15%
> USD100,000.00 0.25%
SGD
< SGD100 0.00%
> SGD100.00-≤ SGD10,000.00 0.05%
> SGD10,000.00-≤ SGD100,000.00 0.15%
> SGD100,000.00 0.20%
EUR
0-EUR300 0.00%
> EUR300 0.10%
JPY
All nominal 0.00%
HKD
All nominal 0.00%
Table of Time Deposit Interest Rate as of December 2024
Tenor (month)
Tier
1 2 3 6 12 18 24
Month Month Month Month Month Month Month
≥IDR2,5 million - IDR1 billion 2.70% pa 2.80% pa 2.90% pa 3.00% pa 3.10% pa 3.15% pa 3.15% pa
>IDR1 billion 2.75% pa 2.85% pa 2.95% pa 3.05% pa 3.15% pa 3.15% pa 3.15% pa
Table of Foreign Exchange Interest Rate as of December 2024
Tenor (month)
Tier
1 Month 3 Month 6 Month 12 Month
USD
≥ USD 1,000-≤ USD 100,000 0.75% pa
> USD 100,000 1.00% pa
SGD
≥ SGD1,000 0.10% pa
EUR
≥ EUR750 Each placement is subject to approval by the authorized division
JPY
≥ JPY100,000 Each placement is subject to approval by the authorized division
HKD
≥ HKD7,500 Each placement is subject to approval by the authorized division
AUD
≥ AUD2,000 0.50% pa
CNY
≥ CNY7,000 0.70% pa
*) Above the counter rate, the branch requests approval from the Head Office
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04 Management Discussion and Analysis
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Table of Interest Rate of Deposit On Call as of December 2024
Tier Interest rate
0.75% below the market interest rate of Government Banks, BPD, or Private
Deposito On Call (Rupiah)
Banks obtained from LHBU or Reuters
Table of Interest Rate of Current Account as of December 2024
Tier Interest rate
RUPIAH
Progressive daily current account service calculation
IDR0 - IDR5 million 0.00%
> IDR5 million - IDR100 million 0.50%
> IDR100 million - IDR1 billion 0.75%
> IDR1 billion - IDR500 billion 0.90%
> IDR500 billion - IDR750 billion 1.25%
> IDR750 billion 1.75%
Same as current account Rupiah. and must be included in the Cooperation
Current account Escrow Account
Agreement (PK)
FOREIGN EXCHANGE
USD Foreign Currency Current Account
≤ USD1,000.00 0.00%
> USD1,000.00-≤ USD10,000.00 0.05%
> USD10,000.00-≤ USD100,000.00 0.15%
> USD100,000.00 0.25%
SGD Foreign Currency Current Account
≤ SGD1,000.00 0.00%
> SGD1,000.00-≤ SGD10,000.00 0.05%
> SGD10,000.00-≤ SGD100,000.00 0.15%
> SGD100,000.00 0.20%
EUR Foreign Currency Current Account
EUR 0.10%
JPY Foreign Currency Current Account
JPY 0.00%
AUD Foreign Currency Current Account
AUD 15,000 -< AUD 150,000 0.20%
≥ AUD 150,000 0.50%
HKD Foreign Currency Current Account
HKD 78,000 -< HKD 780,000 0.20%
≥ HKD 780,000 0.50%
CNY Foreign Currency Current Account
CNY 72,000 -< CNY 720,000 0.20%
≥ CNY 720,000 0.50%
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Table of Profit Sharing Ratio
Produk Profit Sharing Ratio Profit Sharing Realization
Individual Wadiah Current Accounts 0.00% 0.00%
General Wadiah Current Accounts for Government/Services 0.00% 0.00%
Public Private Wadiah Current Accounts 0.00% 0.00%
General Mudharabah Current Accounts for Government/Services 5.00% 0.47%
Public Private Mudharabah Current Accounts 5.00% 0.47%
Individual Mudharabah Current Accounts 5.00% 0.47%
TabunganKu Ib 0.00% 0.00%
Si Pandai iB Barokah Savings 0.00% 0.00%
Simpel Savings 0.00% 0.00%
Santri Savings 0.00% 0.00%
Umroh iB Amanah Savings 0.00% 0.00%
Hajj Amanah Savings 10.00% 0.94%
Barokah Savings 12.50% 1.17%
Barokah Sejahtera Savings 4.00% 0.38%
iB Barokah Plan Savings 25.00% 2.35%
iB Barokah Pension Savings 15.00% 1.41%
1 Month Deposit 36.00% 3.38%
3 Months Deposit 38.00% 3.56%
6 Months Deposit 41.00% 3.85%
12 Months Deposit 42.50% 3.99%
Basic Loan Rate
The Basic Loan Rate (SBDK) is used as the basis for determining the credit interest rate that will be charged to customers. SBDK does
not take into account the estimated risk premium component, the amount of which depends on the Bank‘s assessment of the risk of
each debtor or group of debtors. Thus, the amount of loan interest charged to debtors is not necessarily the same as the SBDK. Non-
KPR Consumption loan does not include the provision of funds through credit cards and unsecured credit (KTA).
Table of Basic Loan Rate (in IDR millions)
Bank Jatim Basic Loan Rate as of December 2024
Based on Business Segment
Consumption Loan
Corporate Loan Retail Loan Micro Loan
KPR Non KPR
7.85% 8.93% 13.35% 8.23% 9.52%
Information on the applicable SBDK at any time can be seen in publications at each Bank office and/or the Bank’s website if the bank
has a website (listed only for publications made through newspapers).
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04 Management Discussion and Analysis
on Bank Performance
Quality Analysis of Productive Assets
Productive assets in 2024 amounted to IDR101,691,196 million, an increase of 3.15% compared to 2023 which amounted to
IDR98,582,956 million. The quality of productive assets in 2024 is in the current category of IDR95,419,289 million, in special attention
of IDR3,823,820 million, substandard of IDR201,510 million, doubtful of IDR220,155 million, and loss of IDR2,026,422 million.
Table of Productive Asset Quality (in IDR millions)
INDIVIDUAL
December 31, 2024
No POSTS
Special
Current Sub standard Doubtful Loss Total
mention
I RELATED PARTIES
1 Placement with other banks
a. Rupiah - - - - - -
b. Foreign exchange - - - - - -
2 Spot and deritatives/forward receivables
a. Rupiah - - - - - -
b. Foreign exchange - - - - - -
3 Securities owned
a. Rupiah - - - - - -
b. Foreign exchange - - - - - -
Securities sold under repurchased
4
agreement (Repo)
a. Rupiah - - - - - -
b. Foreign exchange - - - - - -
Claims on securities purchased under
5
agreement to resell (Reserve Repo)
a. Rupiah - - - - - -
b. Foreign exchange - - - - - -
6 Acceptance Bill - - - - - -
7 Loans and financing provided
Micro, Small, and Medium
a.
Enterprises (MSME) Debtors
i. Rupiah 47 - - - - 47
ii. Foreign exchange - - - - - -
b. Non-MSME debtor
i. Rupiah 104,344 - - - 233 104,577
ii. Foreign exchange - - - - - -
c. Restrustured loan **)
i. Rupiah - - - - - -
ii. Foreign exchange - - - - - -
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INDIVIDUAL
December 31, 2023
Current Special mention Sub standard Doubtful Loss Total
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
1,263 - - 41 - 1,304
- - - - - -
-
106,108 77,134 - 302 - 183,544
- - - - - -
- - - - - -
- - - - - -
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04 Management Discussion and Analysis
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INDIVIDUAL
December 31, 2024
No POSTS
Special
Current Sub standard Doubtful Loss Total
mention
8 Equity capital - - - - - -
9 Other receivables - - - - - -
10 Commitment and contingencies
a. Rupiah - - - - - -
b. Foreign exchange - - - - - -
11 Repossessed assets - - - - - -
TOTAL 104,391 - - - 233 104,624
II NON-RELATED PARTIES
1 Placement with other banks
a. Rupiah 1,083,325 - - - - 1,083,325
b. Foreign exchange 489,857 - - - - 489,857
2 Spot and deritatives/forward receivables
a. Rupiah 1,144 - - - - 1,144
b. Foreign exchange - - - - - -
3 Securities owned
a. Rupiah 17,787,861 - - - - 17,787,861
b. Foreign exchange - - - - - -
Securities sold under repurchased
4
agreement (Repo)
a. Rupiah 9,149,544 - - - - 9,149,544
b. Foreign exchange - - - - - -
Claims on securities purchased under
5
agreement to resell (Reserve Repo)
a. Rupiah 617,860 - - - - 617,860
b. Foreign exchange - - - - - -
6 Acceptance Bill - - - - - -
7 Loans and financing provided
Micro, Small, and Medium
a.
Enterprises (MSME) Debtors
i. Rupiah 17,716,737 1,353,814 106,291 137,802 1,005,624 20,320,268
ii. Foreign exchange - - - - - -
b. Non-MSME debtor
i. Rupiah 41,172,711 1,388,937 64,901 68,182 824,562 43,519,293
ii. Foreign exchange 112,448 - - - - 112,448
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INDIVIDUAL
December 31, 2023
Current Special mention Sub standard Doubtful Loss Total
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
107,371 77,134 - 343 - 184,848
4,251,988 - - - - 4,251,988
324,209 - - - - 324,209
- - - - - -
- - - - - -
16,323,719 - - - - 16,323,719
112 - - - - 112
8,303,663 - - - - 8,303,663
- - - - - -
6,247,318 - - - - 6,247,318
- - - - - -
- - - - - -
13,056,992 1,013,811 54,947 100,919 552,665 14,779,334
- - - - - -
37,869,286 1,272,486 42,466 36,841 575,642 39,796,721
- - - - - -
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04 Management Discussion and Analysis
on Bank Performance
INDIVIDUAL
December 31, 2024
No POSTS
Special
Current Sub standard Doubtful Loss Total
mention
c. Restrustured loan **)
i. Rupiah 2,313,552 1,081,069 30,318 14,171 196,003 3,635,113
ii. Foreign exchange - - - - - -
iii property loan - - - - - -
8 Equity instrument 100,000 - - - - 100,000
9 Other receivables - - - - - -
10 Commitment and contingencies
a. Rupiah 4,721,574 - - - - 4,721,574
b. Foreign exchange 48,285 - - - - 48,285
TOTAL 95,314,898 3,823,820 201,510 220,155 2,026,189 101,586,572
95,419,289 3,823,820 201,510 220,155 2,026,422 101,691,196
III OTHER INFORMATION
1 Total pledged bank assets
a. At Bank Indonesia - - - - - -
b. On the other hand - - - - - -
Total CKPN on financial assets on
2 - - - - - 2,069,345
productive assets
Total PPA that must be formed for
3 - - - - - 2,865,430
assets
Percentage of credit to MSMEs to total
4 - - - - - 31,72%
credit
Percentage of credit to Small Micro
5 - - - - - 24,61%
Enterprises (UMK) to total credit
Percentage of total MSME debtors to
6 - - - - - 42,98%
total debtors
Percentage of total debtors of Micro
7 Small Enterprises (UMK) to total - - - - - 41,03%
debtors
8 Others
a. Channeling loans - - - - - 633,818
b. Distribution of Mudharabah
- - - - - -
Muqayyadah funds
c. Write-off productive assets - - - - - 4,783,899
d. Written off productive asset that were
- - - - - 1,411,825
recovered/ successfully billed
e. Productive assets that are written off - - - - - -
246 PT Bank Pembangunan Daerah Jawa Timur Tbk
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INDIVIDUAL
December 31, 2023
Current Special mention Sub standard Doubtful Loss Total
2,782,704 1,005,926 18,786 4,798 88,991 3,901,204
- - - - - -
- - - - - -
- - - - - -
- - - - - -
4,423,649 - - - - 4,423,649
46,191 - - - - 46,191
93,629,831 3,292,223 116,199 142,549 1,217,298 98,398,108
93,737,202 3,369,357 116,199 142,892 1,217,298 98,582,956
- - - - - -
- - - - - -
- - - - - 1,430,174
- - - - - 1,994,025
- - - - - 26,99%
- - - - - 20,37%
- - - - - 50,97%
- - - - - 49,00%
- - - - - 640,415
- - - - - -
- - - - - 4,292,820
- - - - - 1,228,552
- - - - - -
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04 Management Discussion and Analysis
on Bank Performance
Bank Capital Structure
Significant regulatory developments greatly affect the by the Board of Commissioners. This planning is expected to
operational and business conditions of Bank Jatim in the future, ensure the availability of sufficient capital and the creation of a
including the issuance of Financial Services Authority (OJK) strong capital structure to support future business growth.
Regulation Number 12/POJK.03/2021 concerning Commercial
Banks. Based on the OJK Regulation, Bank Jatim becomes a The main objective of capital management is to ensure that the
Bank Group Based on Core Capital (KBMI) 2 (Banks with Core Bank can maintain a healthy capital ratio in order to support
Capital of more than IDR6 trillion to IDR14 trillion) which was the business and maximize shareholder value. Bank Jatim in
previously in the category of Commercial Banks based on calculating the adequacy of capital refers to the provisions of
Business Activities (BUKU) III. the Financial Services Authority (OJK), including the following:
1. Financial Services Authority Regulation No. 11/
As of the end of December 2024, Bank Jatim’s core capital POJK.03/2016 concerning the Minimum Capital Provision
reached IDR12,991,006 million and supplementary capital Obligation of Commercial Banks as amended several times,
(Tier-2) was IDR661,475 million. An effective, strong, and most recently by Financial Services Authority Regulation
efficient capital strategy has become the focus of management No. 27 of 2022 dated December 26, 2022.
as Bank Jatim continues to grow into a bigger and stronger 2. Financial Services Authority Circular Letter No. 26/
bank. SEOJK.03/2016 dated July 14, 2016 concerning the
Minimum Capital Provision Obligation according to Risk
Bank Jatim’s capital components are dominated by permanent Profile and Fulfillment of Capital Equivalency Maintained
capital components, where the core capital component is Assets.
the largest component in the bank’s capital structure. In
December 2024, Bank Jatim’s core capital ratio individually Bank Jatim calculates the Minimum Capital Provision
to the bank’s total ATMR reached 23.49% and consolidated Requirement (KPMM) to measure the Bank’s capital capacity to
reached 23.99%. This ratio is above the provisions set by the absorb risk, namely by stages:
Financial Service Authority with a minimum limit of 6%. The 1. Calculating the adequacy of minimum capital provision
calculation of the main core capital ratio (Common Equity Tier 1 using a standard approach referring to the Basel III Reforms
Ratio) to the bank’s total ATMR in December 2024 individually (Standardized Approach) for credit risk, market risk and
reached 22.34% and consolidated reached 22.83%, above operational risk.
the provisions set by the Financial service Authority with a 2. Calculating the adequacy of minimum capital provision
minimum limit of 4.50%. according to Bank Jatim’s risk profile. Based on Financial
Services Authority Regulation No. 11/POJK.03/2016
Management Policy and Basis of concerning the Minimum Capital Provision Obligation
Management Policy Selection on Capital of Commercial Banks as amended several times, most
Structure recently by Financial Services Authority Regulation No.
27 of 2022 dated December 26, 2022, it states that the
Bank Jatim’s capital management policy is implemented to minimum capital provision for banks with a risk profile
meet the capital adequacy set by the regulator to cover all rating 2 (low to moderate) has a minimum CAR ratio of 9%
risks and ensure that Bank Jatim’s capital structure is efficient to less than 10%, so that the KPMM ratio according to Bank
in supporting business growth in normal and crisis conditions, Jatim’s risk profile is 9.88%.
including participation in subsidiaries in order to meet 3. Calculating additional capital as a buffer, in the event of a
stakeholder, investor and regulator expectations. financial and economic crisis that can disrupt the stability
of the financial system. The additional capital is in the form
Bank Jatim prepares a Capital Plan based on an assessment of a capital conservation buffer of 2.5% of Risk-Weighted
and review of the required capital adequacy requirements and Assets, while the countercyclical buffer and capital
combines it with a review of the latest economic developments. surcharge for systemic banks are 0% of Risk-Weighted
Bank Jatim will always link financial objectives and capital Assets.
adequacy to tolerable risks through the capital planning
process, as well as businesses that are adjusted to the Bank’s As of December 31, 2024, Bank Jatim had an individual CAR
capital level and liquidity requirements. Bank Jatim’s capital or Minimum Capital Adequacy Ratio (KPMM) of 23.49% and a
needs are also planned and discussed routinely, supported by consolidated CAR of 23.99% with Bank Jatim’s total minimum
analytical data. The Capital Plan is prepared by the Board of CAR recorded at 12.38%. Throughout 2024, Bank Jatim has
Directors as part of Bank Jatim’s Business Plan and approved met the minimum CAR requirements required by the regulator.
248 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Capital Adequacy
As one of the disclosures of Basel II Pillar III, the Financial conditions, while the Countercyclical Buffer is needed by
Services Authority has issued Financial Services Authority banks as additional buffer capital to anticipate losses if there
Circular Letter Number 26/SEOJK.03/2016 dated July 14, is excessive banking credit growth that has the potential to
2016 concerning the Minimum Capital Adequacy Obligation disrupt the stability of the financial system.
according to Risk Profile and Fulfillment of Capital Equivalency
Maintained Assets (CEMA). In relation to this, the bank In 2024, in line with these provisions, the CAR that must be
has developed and implemented a methodology for the provided by considering the Low to Moderate (2) risk profile
implementation of the Internal Capital Adequacy Assessment rating and Basel III Reforms wass 12.38% consisting of the
Process (ICAAP) and has taken into account Pillars I and II. KPMM ratio according to the Risk Profile of 9.88%, Capital
ICAAP is a process for determining capital adequacy according Conservation Buffer of 2.5%, and Countercyclical Buffer of 0%.
to the risk profile and determining strategies to maintain This achievement shows that Bank Jatim was able to have a
capital levels where the methodology has been approved by larger capital reserve than the minimum CAR ratio required by
management. The report on the minimum capital adequacy the regulator. Internal measurements carried out by the bank
ratio according to the Risk Profile is reported periodically to the have taken into account Pillars I and II, namely the minimum
Financial Services Authority as a form of compliance with the bank capital adequacy ratio according to the risk profile.
provisions of the Financial Services Authority Circular Letter.
Capital Structure Details
In line with Financial Services Authority Regulation No. 11/
POJK.03/2016 concerning the Minimum Capital Adequacy In accordance with Financial Service Authority Regulation No.
Obligation of Commercial Banks as amended several times, 27 of 2022 concerning the Second Amendment to Financial
most recently by Financial Services Authority Regulation No. 27 Service Authority Regulation Number 11/POJK.03/2016 about
of 2022 dated December 26, 2022, where Banks must provide the Minimum Capital Provision Obligation for Commercial
a minimum capital adequacy ratio according to the bank’s risk Banks. Bank capital consists of Core Capital (Tier-1) and
profile plus the Capital Conservation Buffer, Countercyclical Supplementary Capital (Tier-2). In terms of capital structure,
Buffer and Capital Surcharge for D-SIB (Domestic Systemically until December 2024, a detailed description of the capital
Important Bank). The Capital Conservation Buffer is needed structure is presented in the following table.
by banks as a buffer in dealing with losses due to crisis
Table of Capital Structure (in IDR million)
December 31, 2024
Bank Jatim Capital Adequacy Position
Individual Consolidation
Core Capital 11,132,593 12,991,006
Supplementary Capital 574,469 661,475
Total Capital 11,707,062 13,652,481
ATMR for Credit Risk 45,383,026 52,256,577
ATMR for Operational Risk 54,460 4,597,938
ATMR for Market Risk 4,398,974 54,460
Total Risk Weighted Assets 49,836,459 56,908,975
Capital Adequacy Ratio (%)
CAR Ratio 23.49% 23.99%
CET 1 Ratio 22.34% 22.83%
Tier 1 Ratio 22.34% 22.83%
Tier 2 Ratio 1.15% 1.16%
Minimum CAR According to Risk Profile 9.88% 9.88%
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04 Management Discussion and Analysis
on Bank Performance
Information on Capital and Risk
Exposure
In accordance with the complexity of its business, the Bank Disclosure of Quantitative Risk Exposure
manages 8 (eight) types of risk, namely credit risk, liquidity
risk, market risk, operational risk, legal risk, reputation risk, Based on the Financial Services Authority Regulation (POJK)
strategic risk and compliance risk. However, this section only Number 37/POJK.03/2019 and OJK Circular Letter Number 9/
explains the risk management practices for credit risk, market SEOJK.03/2020 Concerning Transparency and Publication of
risk, liquidity risk, and operational risk. Meanwhile, explanations Bank Reports and POJK Number 18/POJK.03/2016 concerning
related to other types of risk are presented in the Risk Profile Implementation of Risk Management.
and Management section on Corporate Governance in this
Annual Report.
Credit Risk
Disclosure of Credit Quality on Assets
Table of Quality Disclosures on Bank Assets Individually as of December 31, 2024
Gross Carrying Value CKPN
CKPN Sharia CKPN (IRB Net Value
CKPN
Matured Unmatured Stage 2 and Exposure Approach) (A+B-C)
Description Stage 1
Receivables Receivables Stage 3
a b c d e f g h
Loan 2,135,731.84 61,920,901.24 1,988,444.93 - - - - 62,068,188.15
Securities - 17,787,860.76 342.13 - - - - 17,787,518.63
Administrative
account 81,787.89 4,004,558.34 - - - - - 4,086,346.23
transactions
Total 2,217,519.74 83,713,320.33 1,988,787.06 - - - - 83,942,053.01
Table of Disclosure of Bank Asset Quality on a Consolidated Basis with Subsidiaries as of December 31, 2024
Gross Carrying Value CKPN
CKPN Sharia CKPN (IRB Net Value
CKPN
Matured Unmatured Stage 2 and Exposure Approach) (A+B-C)
Description Stage 1
Receivables Receivables Stage 3
a b c d e f g h
Loan 2,135,731.84 73,364,272.69 1,905,385.64 - - - - 73,594,618.89
Securities - 20,367,544.05 2,712.97 - - - - 20,364,831.08
Administrative
account 81,787.89 4,180,220.99 - - - - - 4,262,008.88
transactions
Total 2,217,519.74 97,912,037.72 1,908,098.61 - - - - 98,221,458.85
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Additional Disclosures Related to Credit Quality of Assets
Table of Disclosure of Net Receivables by Region (Individual)
Report Date (December 2024)
Previous Year Report Date
(December 2023)
No. Portfolio Category
Net Receivables by Region Net Receivables by Region
Region 1 Region 2 Region 3 Total Region 1 Region 2 Region 3 Total
(1) (2) (3) (4) (5) (6) (7) (8) (9) (10)
1 Bills to the Government - - - 29,655,340 - - - 37,413,622
2 Bills on Public Sector Entities - - - 177,201 - - - 302,283
Claims to Multilateral
3 Development Banks and - - - - - - - -
International Institutions
4 Bills to Bank - - - 2,526,317 - - - 4,949,366
Residential Property Secured
5 - - - 2,292,742 - - - 1,965,012
Loans
Commercial Property Secured
6 - - - 11,421 - - - 23,560
Loans
7 Employee or Pensioner Credit - - - 24,330,062 - - - 23,544,938
Bills on Micro Businesses,
8 Small Businesses, and Retail - - - 13,809,988 - - - 10,324,891
Portfolios
9 Bills on Corporations - - - 27,484,862 - - - 23,129,331
10 Past Due Bills - - - 1,130,648 - - - 726,097
11 Other Assets - - - 3,082,757 - - - 2,803,430
TOTAL - - - 104,501,338 - - - 105,182,531
Table of Disclosure of Net Receivables by Remaining Contract Term (Individual)
Report Date (December 2024)
Net receivables based on remaining contractual term
No. Portfolio Category
> 1 Year to > 3 Years Non
<1 Year >5 Years Total
3 Years to 5 Years Contractual
(1) (2) (3) (4) (5) (6) (7) (8)
1 Bills to the Government - - - - - 29,655,340
2 Bills on Public Sector Entities - - - - - 177,201
3 Claims to Multilateral Development Banks
- - - - - -
and International Institutions
4 Bills to Bank - - - - - 2,526,317
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04 Management Discussion and Analysis
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Report Date (December 2024)
Net receivables based on remaining contractual term
No. Portfolio Category
> 1 Year to > 3 Years Non
<1 Year >5 Years Total
3 Years to 5 Years Contractual
(1) (2) (3) (4) (5) (6) (7) (8)
5 Residential Property Secured Loans - - - - - 2,292,742
6 Commercial Property Secured Loans - - - - - 11,421
7 Employee or Pensioner Credit - - - - - 24,330,062
8 Bills on Micro Businesses, Small Businesses,
- - - - - 13,809,988
and Retail Portfolios
9 Bills on Corporations - - - - - 27,484,862
10 Past Due Bills - - - - - 1,130,648
11 Other Assets - - - - - 3,082,757
TOTAL - - - - - 104,501,338
Report Date (December 2023)
Net receivables based on remaining contractual term
No. Portfolio Category
> 1 Year to > 3 Years Non
<1 Year >5 Years Total
3 Years to 5 Years Contractual
(1) (2) (9) (10) (11) (12) (13) (14)
1 Bills to the Government - - - - - 37,413,622
2 Bills on Public Sector Entities - - - - - 302,283
3 Claims to Multilateral Development Banks - - - - - -
and International Institutions
4 Bills to Bank - - - - - 4,949,366
5 Residential Property Secured Loans - - - - - 1,965,012
6 Commercial Property Secured Loans - - - - - 23,560
7 Employee or Pensioner Credit - - - - - 23,544,938
8 Bills on Micro Businesses, Small Businesses, - - - - - 10,324,891
and Retail Portfolios
9 Bills on Corporations - - - - - 23,129,331
10 Past Due Bills - - - - - 726,097
11 Other Assets - - - - - 2,803,430
TOTAL - - - - - 105,182,531
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Table of Disclosure of Bills by Days Arrears - Bank Individually
December 31, 2024 December 31, 2024
Billing by Days in Arrears Billing by Days in Arrears
No Exposure type
> 90 days > 120 > 90 days > 120
> 180 > 180
until 120 days until Total until 120 days until Total
days days
days 180 days days 180 days
1 Loans included in Matured
171,191.87 205,983.92 1,830,420.13 2,207,595.92 97,412.88 138,102.63 1,128,307.93 1,363,823.44
Receivables
2 Securities included in Matured
- - - - - - - -
Receivables
Total 171,191.87 205,983.92 1,830,420.13 2,207,595.92 97,412.88 138,102.63 1,128,307.93 1,363,823.44
Table of Disclosure of Performing and Non Performing Restructuring Assets
Performing Non Performing
Stage 1 Stage 2 Stage 3
(L dan DPK Quality) (KL, D, M Quality)
CKPN Sharia
Description
Gross Gross Gross Gross Gross Exposure
Carrying CKPN Carrying CKPN Carrying CKPN Carrying CKPN Carrying CKPN
Value Value Value Value Value
Securities 17,787,860.76 342.13 - - - - - - - - -
Loan - - 2,135,731.84 1,063,865.40 - - - - - - -
a. Corporate 21,366,300.12 630,270.36 - - - - - - - - -
b. Retail 13,572,994.24 157,432.78 - - - - - - - - -
Administrative
Account 4,004,558.34 - 81,787.89 - - - - - - - -
Transaction
Quantitative Disclosures Related to Credit Risk Mitigation Techniques
Table of Quantitative Disclosure of Individual Bank Credit Risk Mitigation Techniques as of December 2024
Receivables Secured
Receivables not Receivables Receivables Receivables
by Guarantees,
Description secured by MRK Secured by MRK Secured by Secured by Loan
Guarantees and/or
techniques Techniques Collateral Derivatives
Loan Insurance
1 Loan 2,514,668.65 59,553,519.50 1,486,616.21 - -
2 Securities 17,787,518.63 - - - -
3 Total 20,302,187.28 59,553,519.50 1,486,616.21 - -
Matured Loans and
536,234.78 1,071,866.44 535,631.66 - -
Securities
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04 Management Discussion and Analysis
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Table of Quantitative Disclosure of Credit Risk Mitigation Techniques of the Bank on a Consolidated Basis with Subsidiaries as
of December 2024
Receivables Secured
Receivables not Receivables Receivables Receivables
by Guarantees,
Description secured by MRK Secured by MRK Secured by Secured by Loan
Guarantees and/or
techniques Techniques Collateral Derivatives
Loan Insurance
1 Loan 2,523,738.43 71,070,880.46 1,527,955.47 - -
2 Securities 20,364,831.08 - - - -
3 Total 22,888,569.51 71,070,880.46 1,527,955.47 - -
Matured Loans and
536,234.78 1,071,866.44 535,631.66 - -
Securities
Disclosure of Loan Risk Exposure and Impact of Loan Risk Mitigation Techniques
Table of Quantitative Disclosure of Credit Risk Exposure and Impact of Credit Risk Mitigation Techniques of Individual Banks as
of December 2024
Net Receivables Before Net Receivables After
ATMR and Average Risk
Application of FKK and MRK Application of FKK and MRK
Weight
Techniques Techniques
Kategori Portofolio
Financial Account Financial Account Average Risk
Position Transactions Position Transactions ATMR Weight
Report Administrative Report Administrative (e/(c+d))
Claims to Government 29,655,304.00 3.00 34,277.00 - 34,277.00 33%
Claims to Public Sector Entities 175,806.00 1,395.00 87,903.00 697.50 88,600.50 50%
Claims on Multilateral Development
- - - - - 0%
Banks and International Agencies
Claims on Banks 2,515,151.00 11,166.00 715,173.50 73.20 715,246.70 25%
Claims on Securities Companies and
- - - - - 0%
Other Financial Services Institutions
Claims on Covered Bond - - - - - 0%
Claims on Corporates - General
22,868,357.00 4,270,697.00 18,896,964.30 3,041,851.35 21,938,815.65 78%
Corporate Exposure
Claims on securities companies and
- - - - - 0%
other financial services institutions
Special Financing Exposure - - - - - 0%
Claims in the form of Securities/
- - - - -
Subordinated Debt,
Equity, and Other Capital Instruments - - - - - -
Claims on Micro, Small, and 13,415,561.00 394,427.00 5,990,522.85 131,012.55 6,121,535.40 45%
Retail Portfolios - - - - - -
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Table of Quantitative Disclosure of Credit Risk Exposure and Impact of Credit Risk Mitigation Techniques of the Bank on a
Consolidated Basis with Subsidiaries as of December 2024
Net Receivables Before Net Receivables After
ATMR and Average Risk
Application of FKK and MRK Application of FKK and MRK
Weight
Techniques Techniques
Portfolio Category
Financial Account Financial Account Average Risk
Position Transactions Position Transactions ATMR Weight
Report Administrative Report Administrative (e/(c+d))
Claims to Government 32,395,495.00 3.00 34,277.00 - 34,277.00 33%
Claims to Public Sector Entities 175,806.00 1,395.00 87,903.00 697.50 88,600.50 50%
Claims on Multilateral Development
- - - - - 0%
Banks and International Agencies
Claims on Banks 3,160,623.00 11,166.00 844,362.20 73.20 844,435.40 25%
Claims on Securities Companies and
- - - 0%
Other Financial Services Institutions
Claims on Covered Bond - - - - - 0%
Claims on Corporates - General
23,719,297.00 4,279,855.00 19,723,736.45 3,032,225.60 22,755,962.05 78,00%
Corporate Exposure
Claims on securities companies and
- - - - - 0%
other financial services institutions
Special Financing Exposure - - - - - 0%
Equity, and Other Capital Instruments - - - - - -
Ekuitas, dan Instrumen Modal Lainnya - - - - - -
Claims on Micro, Small, and 14,139,644.00 540,523.00 6,307,483.95 187,879.50 6,495,363.45 45%
Retail Portfolios - - - - - -
Disclosure of Exposures by Asset Class and Risk Weighting
Table of Exposure Disclosure Based on Asset Class and Bank Risk Weight Individually as of December 2024
Portfolio Net Receivables After FKK
0% 20% 50% 100% 150% Lainnya
Category and MRK Techniques
Claims to Government 29,621,027.00 - - 34,277.00 - - 34,277.00
Net Receivables Net Receivables Transaction Net Receivables (After
Risk
of Financial Position Administrative Account FKK Average imposition of FKK and
Weight
Report before imposition of FKK) MRK Techniques)
<40% - - - -
40%-70% - - - -
75% - - - -
80% - - - -
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04 Management Discussion and Analysis
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Net Receivables Net Receivables Transaction Net Receivables (After
Risk
of Financial Position Administrative Account FKK Average imposition of FKK and
Weight
Report before imposition of FKK) MRK Techniques)
85% - - - -
90%-100% - - - -
105%-130% - - - -
150% - - - -
250% - - - -
400% - - - -
1250% - - - -
Total Net
- - - -
Receivables
Market Risk
Market Risk Disclosure with Standard Method
The Bank periodically calculates the Capital Adequacy Requirement (KPMM) using the standard method which is reported monthly
to the Financial service Authority (OJK). Meanwhile, the consolidated position with Subsidiaries is reported quarterly. This reporting
is carried out in order to improve the quality and quantity of the Bank’s capital so that the Bank is able to absorb potential losses due
to financial and economic crises.
Table of Market Risk Disclosure Using the Standard Method for 2024 (in IDR millions)
December 31, 2024
No Risk Type Bank Consolidation *)
Capital Cost ATMR Capital Cost ATMR
(1) (2) (3) (4) (5) (6)
1 Interest Rate Risk - - - -
a. Specific Risk - - - -
b. General Risk - - - -
2 Foreign Exchange Risk 4,308.00 54,459.50 4,308.00 54,459.50
3 Equity Risk - - - -
4 Commodity Risk - - - -
Total 4,308.00 54,459.50 4,308.00 54,459.50
Note: *) Consolidation: Subsidiary Entity has no trading transactions yet
Disclosure of Interest Rate Risk in Banking Book (IRRBB) Exposure
Interest Rate Risk in the Banking Book is the risk from interest rate movements in the market that are contrary to the Banking Book
position that has the potential to impact the Bank’s capital and income both now and in the future.
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In accordance with OJK Circular Letter No. 12/SEOJK.03/2018 2. Measurement based on changes in net interest income,
concerning the Implementation of Risk Management and Risk which abbreviated as NII, is a method that measures the
Measurement of the Standard Approach for Interest Rate Risk impact of changes in interest rates on the Bank’s income.
in the Banking Book for Commercial Banks, the Bank uses 2
(two) methods in measuring IRRBB Risk as follows: Based on the calculation results as of the end of December
1. Measurement based on changes in the economic value 2024, the impact of changes in interest rates on the economic
of equity, which abbreviated as EVE, is a method that value of equity and net interest income is as follows:
measures the impact of changes in interest rates on the
economic value of the Bank’s equity; and
Disclosure Table of Interest Rate Risk Exposure in Banking Book (IRRBB) - Bank Individually (in IDR millions)
∆ EVE ∆ NII
Periode
December 2024 December 2023 December 2024 December 2023
(2) (3) (4) (5) (6)
Parallel Up (1,476,928) 551,372 (398,188) (175,305)
Parallel Down 1,471,415 (832,759) 390,531 148,385
Steepener (736,749) (224,010) - -
Flattener 179,414 206,086 - -
Short rate up (406,374) 498,472 - -
Short rate down 480,027 (500,248) - -
Negative Maximum Value (absolute) 1,471,415 551,372 398,188 175,305
Tier-1 Capital (for ∆ EVE) or
11,019,791 11,025,184 6,174,579 7,159,551
Projected Income (for ∆ NII)
Maximum Value divided by Tier-1 Capital or
13.35% 5.00% 6.45% 2.45%
Projected Income
Qualitative Analysis
1 IRRBB for measuring and controlling bank risk, is defined as the risk resulting from interest rate movements in the market that are contrary to
the Banking Book position, which has the potential to impact capital and profitability.
2 The IRRBB value in the current bank reporting period is still within the OJK threshold. The Risk Management and risk mitigation strategies for
IRRBB are:
a. The Bank evaluates the composition and structure of portfolios exposed to interest rate risk for both Rate Sensitive Asset (RSA) and Rate
Sensitive Liability (RSL) portfolios, and regulates the RSA and RSL to be more proportional.
b. Evaluates and applies interest rate patterns to each portfolio, both RSA and RSL, or changes the pricing structure in ALCO.
3 The Bank’s IRRBB calculation period is every quarter.
The specific measurements used by the Bank in calculating IRRBB using the EVE and NII methods are:
a. CASA Non LPS is included in the Over Night time bucket. While CASA LPS multiplied by Core Deposit and Non Core Deposit is classified into
time bucket 4; 4.5 and 5 years based on Transactional and Non Transactional. CASA LPS slotting is also adjusted to the behavior of each
type of CASA portfolio.
b. The Bank disburses cash from the RSA component.
c. The Bank adds up the principal and interest cash flow which is then shocked based on the predetermined scenario.
4 IRRBB calculation uses the EVE and NII methods in accordance with the interest rate shock scenario and stress scenario set by OJK. The shock
scenarios carried out are:
a. Paralel up
b. Paralel down
c. Steppener
d. Flattener
e. Short Up
f. Short Down
While for NII only 2 (two) shock scenarios are carried out, namely Parallel Up and Parallel Down.
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04 Management Discussion and Analysis
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Qualitative Analysis
5 The Bank uses the modeling assumptions used in the IRRBB calculation report with a standard approach, namely for CPR, TDRR, NMD
Behavior in accordance with the agreed internal model. CPR and TDRR modeling, as attached.
6 Banks have not implemented Hedging in banking activities.
7 Comprehensive explanation of the main assumptions of modeling and parametric used in calculating ∆EVE and ∆NII, at least contains:
a. The Bank uses Risk Free Rate in the calculation with the EVE method, namely the interest rate of Government Securities per term. During
the period 2003 to the applicable reporting period sourced from Bloomberg and IBPA.
b. Determining the Behavior of Non Maturity Deposit (NMD) based on the behavior of maturity and interest rates in accordance with the
categories determined by the OJK. Where by calculating non-core - core deposits with the behavior of savings stability, which is combined
with the movement of realized interest rates and market interest rates. Then estimating the sensitivity level of real deposit rates to the
JIBOR interest rate.
c. The methodology used to estimate the prepayment rate of loans and/or early withdrawal rates for time deposits and other significant
assumptions, is in accordance with the attached documents, namely: TDRR and CPR modeling.
d. The Bank has not/did not prepare other assumptions, including instruments with behavioral options that have been removed from the
calculation, which have a material impact on ∆ EVE and ∆ NII in the IRRBB calculation report using the standard approach.
e. The Bank has not/did not prepare a methodology for cross-currency aggregation and significant cross-currency interest rate correlations,
because there are no foreign currencies that have significant value (more than 5%).
Quantitative Analysis
1 As of December 2024, there is a difference in the EVE and NII values from the results of the previous reporting calculations (namely the
position in December 2023). In December 2024, the EVE impact of 13.35% increased by 8.35% compared to December 2023 which was 5%
where the ratio is still within the threshold (the EVE limit provisions from the regulator are a maximum of 15% while the soft limit determined
by the Bank internally is 14.5%), the smaller the value of this ratio, the smaller the interest rate risk that may occur. Meanwhile, the NII value in
December 2024 was 6.45% and increased by 4% compared to December 2023 which was 2.45%, where the ratio improved from the previous
period (still within the threshold) while the soft limit determined by the Bank internally was a maximum of 14%.
2 On an annual basis from December 2023 to December 2024, the EVE Ratio and NII Ratio increased due to:
The R-Current position still shows an increasing trend in interest rates for both short-term and long-term tenors, so that the Bank has a risk
of increasing interest rates on all tenors.
3 The average interest rate adjustment period (repricing maturity) applied to NMD is spread from a short term in the overnight tenor to 5 (five)
years according to each category determined by the OJK.
Disclosure Table of Interest Rate Risk Exposure in Banking Book (IRRBB) -
Bank on a Consolidated Basis with Subsidiaries (in IDR millions)
∆ EVE ∆ NII
Periode
December 2024 December 2023 December 2024 December 2023
(2) (3) (4) (5) (6)
Parallel Up 1,971,561 551,372 (626,764) (175,305)
Parallel Down (2,923,594) (832,759) 597,466 148,385
Steepener 483,030 (224,010) - -
Flattener (263,267) 206,086 - -
Short rate up 891,580 498,472 - -
Short rate down (889,022) (500,248) - -
Negative Maximum Value (absolute) 1,971,561 551,372 626,764 175,305
Tier-1 Capital (for ∆ EVE) or
13,878,204 11,025,184 6,383,943 7,159,551
Projected Income (for ∆ NII)
Maximum Value divided by Tier-1 Capital or
14.21% 5.00% 9.82% 2.45%
Projected Income
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Qualitative Analysis
1 IRRBB, for the measurement and control of Bank Risk, is defined as the risk resulting from movements in market interest rates that are contrary
to the Banking Book position, potentially impacting capital and profitability.
2 The IRRBB value in the Bank’s current reporting period remains within the OJK threshold. Risk management and mitigation strategies for
IRRBB include:
a. The Bank evaluates the composition and structure of portfolios exposed to interest rate risk for both Rate Sensitive Asset (RSA) and Rate
Sensitive Liability (RSL) portfolios, and adjusts RSA and RSL to be more proportionate.
b. The Bank evaluates and applies interest rate patterns to each of the existing RSA and RSL portfolios or adjusts the pricing structure through
ALCO.
3 The Bank’s IRRBB calculation period is conducted on a quarterly basis.
The specific measurement methods used by the Bank to calculate IRRBB—using both the EVE and NII approaches—are as follows:
a. CASA Non-LPS is classified in the overnight time bucket. Meanwhile, CASA LPS, multiplied by Core Deposit and Non-Core Deposit ratios, is
categroized into the 4, 4.5, and 5-year time buckets based on Transactional and Non-Transactional classifications. CASA LPS slotting is also
adjusted based on the behavioral characteristics of each CASA portfolio type.
b. The Bank releases cash from the RSA component.
c. The Bank aggregates the principal and interest cash flows on which the shock is applied based on predetermined scenarios.
4 The calculation of IRRBB uses the EVE and NII methods in accordance with the interest rate shock and stress scenarios determined by OJK.
The shock scenarios applied are as follows:
a. Paralel up
b. Paralel down
c. Steppener
d. Flattener
e. Short Up
f. Short Down
For NII, however, only two (2) shock scenarios are applied—namely, Parallel Up and Parallel Down.
5 The Bank uses modeling assumptions in the IRRBB calculation report based on the standard approach, specifically for CPR, TDRR, and NMD
Behavior, in accordance with the internally approved model. The modeling of CPR and TDRR is provided in the attachments.
6 The Bank has not yet implemented hedging in its activities.
7 A comprehensive explanation of the main modeling and parametric assumptions used in calculating ∆EVE and ∆NII includes at least the
following:
a. The Bank uses the Risk-Free Rate in EVE calculations, which refers to the government securities interest rate for each time period. Data from
2003 to the current reporting period is sourced from Bloomberg and IBPA.
b. The behavior of Non-Maturity Deposits (NMDs) is determined based on maturity patterns and interest rate behavior, in accordance with the
categories set by OJK. This involves calculating core and non-core deposits using deposit stability behavior, combined with observed and
market interest rate movements. The Bank then estimates the sensitivity of real deposit rates to JIBOR interest rate movements.
c. The methodology used to estimate loan prepayment rates and/or early withdrawal rates for time deposits, along with other significant
assumptions, is detailed in the attached documents, which are specifically the TDRR and CPR models.
d. The Bank has not prepared additional assumptions, including instruments with behavioral options that have been excluded from the
calculation, which have a material impact on ∆EVE and ∆NII in the IRRBB calculation report under the standardized approach.
e. The Bank has not prepared a methodology for aggregating across currencies or correlating interest rates between significant currencies, as
there are no foreign currencies with a significant value (exceeding 5%).
Quantitative Analysis
1 As of December 2024, there is a difference in the EVE and NII values compared to the reporting calculation results from December 2023. The
EVE impact position stood at 14.21%, which remains within the regulatory threshold (with the maximum EVE limit set at 15%). A lower ratio
indicates a lower potential interest rate risk. Meanwhile, the NII value for the December 2024 period was recorded at 9.82%, which also remains
within the regulatory threshold.
2 On an annual (consolidated) basis as of December 2024, R-Current showed an increasing trend in interest rates across both short-term and
long-term tenors, resulting in the rising interest rate risks across all tenors.
3 The average repricing maturity period applied to NMD ranges from overnight tenors to up to 5 (five) years, in accordance with the categories
set by OJK.
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04 Management Discussion and Analysis
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Liquidity Risk
In order to improve liquidity resilience, the Bank periodically carries out risk management by measuring short-term liquidity
adequacy using the Liquidity Coverage Ratio (LCR) and long-term liquidity adequacy using the Net Stable Funding Ratio (NSFR).
The Bank manages both the LCR and NSFR ratios above the 100% minimum on both individual and consolidated levels in accordance
with regulatory requirements.
Table of Liquidity Coverage Ratio Disclosure (in IDR millions)
Consolidated
Quarter IV of 2024 Quarter III of 2024
HQLA value after haircut, HQLA value after haircut,
No Components Outstanding or Outstanding liabilities Outstanding or Outstanding liabilities
liabilities and and commitments liabilities and and commitments
commitments multiplied by run-off commitments multiplied by run-off
/ Contractual rate, or / Contractual rate, or
invoice value Contractual invoice value invoice value Contractual invoice value
multiplied by inflow rate multiplied by inflow rate
1 Number of Data Points Used
3 Months 3 Months
in LCR Calculation
HIGH-QUALITY LIQUID ASSETS
2 Total high-quality liquid
28,063,689 24,559,040
assets (HQLA)
CASH OUTFLOWS
3 Individual customer deposits
and funding from Micro and
56,470,750 3,676,469 52,791,058 3,492,245
Small Enterprise customers,
consisting of:
a. Stable deposits/ funding 39,412,128 1,970,606 35,737,224 1,786,861
b. Less stable deposits/
17,058,622 1,705,862 17,053,834 1,705,383
funding
4 Funding derived from
corporate customers, 32,154,598 8,881,619 30,676,259 8,249,617
consisting of:
a. Operational deposits 19,640,386 4,319,874 20,452,181 4,478,231
b. Non-operational deposits
and/or other non- 12,514,212 4,561,745 10,224,077 3,771,386
operational liabilities
5 Secured funding - -
6 Additional requirements,
6,260,060 2,407,298 5,792,230 1,739,247
consisting of:
a. Cash outflows from
- - - -
derivative transactions
b. Cash outflows due to
increased liquidity - - - -
requirements
c. Cash outflows resulting
- - - -
from loss of funding
d. Cash outflows from the
withdrawal of committed
- - - -
credit and liquidity
facilities
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Individual
Quarter IV of 2024 Quarter III of 2024
HQLA value after haircut, or HQLA value after haircut, or
Outstanding liabilities and Outstanding liabilities and
Outstanding liabilities and Outstanding liabilities and
commitments multiplied by commitments multiplied by
commitments / Contractual commitments / Contractual
run-off rate, or run-off rate, or
invoice value invoice value
Contractual invoice value Contractual invoice value
multiplied by inflow rate multiplied by inflow rate
3 Months 3 Months
19,921,523 24,559,040
50,315,721 3,223,514 52,791,058 3,492,245
36,161,156 1,808,058 35,737,224 1,786,861
14,154,565 1,415,457 17,053,834 1,705,383
26,743,630 7,235,089 30,676,259 8,249,617
17,546,325 3,833,027 20,452,181 4,478,231
9,197,305 3,402,062 10,224,077 3,771,386
- -
4,985,435 876,423 5,792,230 1,739,247
- - - -
- - - -
- - - -
- - - -
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04 Management Discussion and Analysis
on Bank Performance
Consolidated
Quarter IV of 2024 Quarter III of 2024
HQLA value after haircut, HQLA value after haircut,
No Components Outstanding or Outstanding liabilities Outstanding or Outstanding liabilities
liabilities and and commitments liabilities and and commitments
commitments multiplied by run-off commitments multiplied by run-off
/ Contractual rate, or / Contractual rate, or
invoice value Contractual invoice value invoice value Contractual invoice value
multiplied by inflow rate multiplied by inflow rate
e. Cash outflows related
to other contractual
2,406,848 2,406,848 1,738,558 1,738,558
obligations in fund
distribution
f. Cash outflows from
other contingent funding 3,853,213 451 4,053,672 689
liabilities
g. Other contractual cash
- - - -
outflows
7 TOTAL CASH OUTFLOWS 14,965,386 0 13,481,109
CASH INFLOWS
8 Secured lending 2,508,955 - 5,473,167 -
9 Inflows from fully performing
2,882,819 512,629 3,958,865 279,138
exposures
10 Other cash inflows - - - -
11 TOTAL CASH INFLOWS 5,391,774 512,629 9,432,033 279,138
12 TOTAL HQLA 28,063,689 24,559,040
13 TOTAL NET CASH
14,452,757 13,201,971
OUTFLOWS
14 LIQUIDITY COVERAGE
194.18% 186.03%
RATIO (%)
ANALYSIS
As of December 2024, the Quarterly LCR for Individual Banks was 194.18%, reflecting an increase of 8.15% from 186.03% in the September 2024
position. This decrease was driven by a 14.27% quarter-to-quarter (qtq) rise in Average HQLA.
262 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2024
Individual
Quarter IV of 2024 Quarter III of 2024
HQLA value after haircut, or HQLA value after haircut, or
Outstanding liabilities and Outstanding liabilities and
Outstanding liabilities and Outstanding liabilities and
commitments multiplied by commitments multiplied by
commitments / Contractual commitments / Contractual
run-off rate, or run-off rate, or
invoice value invoice value
Contractual invoice value Contractual invoice value
multiplied by inflow rate multiplied by inflow rate
875,755 875,755 1,738,558 1,738,558
4,109,680 668 4,053,672 689
- - - -
11,335,026 0 13,481,109
617,860 - 5,473,167 -
1,814,328 132,236 3,958,865 279,138
- - - -
2,432,188 132,236 9,432,033 279,138
19,921,523 24,559,040
11,202,790 13,201,971
177.83% 186.03%
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04 Management Discussion and Analysis
on Bank Performance
Table of Net Stable Funding Ratio (NSFR) Exposure Disclosure – Individual Basis (in IDR Millions)
Position as of December 2024
Carrying Value by Remaining Maturity
No ASF Components (in IDR Millions)
Total Carrying
Value
Without ≥ 6 months -
< 6 months ≥ 1 year
Maturity < 1 year
1 Capital: 14,567,851 - - - 14,567,851
2 Capital in accordance with
14,567,851 - - - 14,567,851
OJK CAR Regulation
3 Other capital instruments - - - - -
4 Deposits from individual
customers and funding
33,299,683 16,530,744 192,460 29,935 46,860,950
from micro and small
business customers.
5 Stable deposits and
30,141,578 5,979,603 87,173 21,282 34,419,219
funding
6 Less stable deposits and
3,158,104 10,551,141 105,286 8,653 12,441,731
funding
7 Funding from corporate
23,527,310 15,058,517 2,724,032 808,626 19,852,731
customers
8 Operational deposits 22,196,047 5,092 2,320 - 11,101,730
9 Other funding from
1,331,263 15,053,425 2,721,712 808,626 8,751,001
corporate customers
10 Liabilities with matching
- 8,780,366 - - -
interdependent assets
11 Other liabilities and equity 328,904 14,473 151,365 2,496,152 2,571,835
12 NSFR derivative liabilities
13 Other liabilities and equity
not included in the above 328,904 14,473 151,365 2,496,152 2,571,835
categories
14 Total ASF 83,853,366
Position as of December 2024
Carrying Value by Remaining Maturity
No RSF Components (in IDR Millions)
Total Carrying
Value
Without ≥ 6 months -
< 6 months ≥ 1 year
Maturity < 1 year
15 Total HQLA in NSFR
971,381
calculation
16 Deposits with other
financial institutions for 479,610 - - - 239,805
operational purposes
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2024
Position as of September 2024
Carrying Value by Remaining Maturity
(In IDR Millions)
Total Carrying Value
≥ 6 months -
Without Maturity < 6 months ≥ 1 year
< 1 year
12,346,310 - - - 12,346,310
12,346,310 - - - 12,346,310
- - - - -
32,654,298 19,988,582 89,492 20,076 49,540,933
32,646,106 8,499,793 88,543 19,102 39,191,821
8,192 11,488,789 949 974 10,349,112
23,834,791 12,166,902 11,992 2,677 17,255,876
23,834,791 900 1,492 2,320 11,920,911
- 12,166,002 10,500 357 5,334,965
- 2,840,965 - - -
328,904 17,302 152,385 2,175,805 2,251,998
328,904 17,302 152,385 2,175,805 2,251,998
81,395,116
Position as of September 2024
Carrying Value by Remaining Maturity
(In IDR Millions)
Total Carrying Value
Without Maturity < 6 months ≥ 6 months - < 1 year ≥ 1 year
1,125,227
639,234 - - - 319,617
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04 Management Discussion and Analysis
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Position as of December 2024
Carrying Value by Remaining Maturity
No RSF Components (in IDR Millions)
Total Carrying
Value
Without ≥ 6 months -
< 6 months ≥ 1 year
Maturity < 1 year
17 Loans classified as
Current and Special - 17,172,443 4,123,568 65,209,198 60,987,462
Mention (performing).
18 Loans to financial
institutions secured by - 9,767,405 - - 976,740
Level 1 HQLA
19 Loans to financial
institutions not secured
- 1,304,283 3,201 151,470 348,713
by Level 1 HQLA or
unsecured
20 Loans to corporates,
retail, MSMEs,
government institutions, - 4,666,511 3,822,768 60,635,672 55,784,961
BI, foreign governments
& PSEs
21 Qualifying for 35% risk
weight per OJK Risk- - 34,000 128,000 - 81,000
Weighted Asset regulation
22 Mortgage-backed loans
- - - - -
not currently pledged
23 Qualifying for a risk
weight of 35% or lower,
in accordance with OJK
- 18,536 29,467 3,738,108 2,453,772
Circular Letter on Risk-
Weighted Assets (ATMR)
for Credit Risk.
24 Securities categorized
as Performing and
Underperforming that
are not pledged, not in - 1,381,708 140,131 683,948 1,342,275
default, and not classified
as HQLA, including
publicly traded stocks.
25 Assets with matching
- - - - -
interdependent liabilities
26 Other assets 65,745 129,747 28,040 3,884,570 4,108,102
27 Traded physical
commodities including - -
gold
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Position as of September 2024
Carrying Value by Remaining Maturity
(In IDR Millions)
Total Carrying Value
Without Maturity < 6 months ≥ 6 months - < 1 year ≥ 1 year
- 16,511,295 3,913,399 52,848,698 50,275,669
- 7,648,006 - - 764,801
- 3,545,528 14,211 159,334 698,268
- 4,438,385 3,638,437 49,121,805 45,791,945
- - - - -
- - - - -
- 11,656 22,222 2,909,170 1,907,899
- 867,720 238,529 658,389 1,112,756
- - - - -
9,590 15,367 22,704 3,939,843 3,987,504
- -
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04 Management Discussion and Analysis
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Position as of December 2024
Carrying Value by Remaining Maturity
No RSF Components (in IDR Millions)
Total Carrying
Value
Without ≥ 6 months -
< 6 months ≥ 1 year
Maturity < 1 year
28 Cash, securities, and other
assets recorded as initial
margin for derivative
contracts, and cash or - - -
other assets pledged as
default fund to the central
counterparty (CCP).
29 NSFR derivative assets - - -
30 NSFR derivative liabilities
- - -
before variation margin
31 All other assets not
included in the categories 65,745 129,747 28,040 3,884,570 4,108,102
above
32 Administrative Account 4,558,418 34,176 4,557,995
33 Total RSF 66,340,926
34 Net Stable Funding Ratio
126.40%
(%)
Table of Net Stable Funding Ratio (NSFR) Exposure Disclosure – Consolidated (In IDR Millions)
Position as of December 2024
Carrying Value by Remaining Maturity
No ASF Components (in IDR Millions)
Total Carrying
Value
Without ≥ 6 months -
< 6 months ≥ 1 year
Maturity < 1 year
1 Capital: 12,494,291 - - - 12,494,291
2 Capital in accordance with
12,494,291 - - - 12,494,291
OJK CAR Regulation
3 Other capital instruments - - - - -
4 Deposits from individual
customers and funding
30,148,060 16,012,547 87,449 21,778 43,454,884
from micro and small
business customers.
5 Stable deposits and
30,132,931 5,979,303 84,873 21,282 34,408,534
funding
6 Less stable deposits and
15,129 10,033,244 2,576 496 9,046,350
funding
7 Funding from corporate
21,018,318 11,080,307 13,058 1,870 15,213,768
customers
8 Operational deposits 21,018,318 5,092 2,320 - 10,512,865
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Annual Report
2024
Position as of September 2024
Carrying Value by Remaining Maturity
(In IDR Millions)
Total Carrying Value
Without Maturity < 6 months ≥ 6 months - < 1 year ≥ 1 year
-
-
-
9,590 15,367 22,704 3,939,843 3,987,504
35,170
55,743,186
146.02%
Position as of September 2024
Carrying Value by Remaining Maturity
(in IDR Millions)
Total Carrying Value
≥ 6 months -
Without Maturity < 6 months ≥ 1 year
< 1 year
12,346,310 - - - 12,346,310
12,346,310 - - - 12,346,310
- - - - -
32,654,298 19,988,582 89,492 20,076 49,540,933
32,646,106 8,499,793 88,543 19,102 39,191,821
8,192 11,488,789 949 974 10,349,112
23,834,791 12,166,902 11,992 2,677 17,255,876
23,834,791 900 1,492 2,320 11,920,911
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04 Management Discussion and Analysis
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Position as of December 2024
Carrying Value by Remaining Maturity
No ASF Components (in IDR Millions)
Total Carrying
Value
Without ≥ 6 months -
< 6 months ≥ 1 year
Maturity < 1 year
9 Other funding from
- 11,075,216 10,738 1,870 4,700,903
corporate customers
10 Liabilities with matching
- 8,780,366 - - -
interdependent assets
11 Other liabilities and equity 328,904 14,473 151,365 2,496,152 2,571,835
12 NSFR derivative liabilities -
13 Other liabilities and equity
not included in the above 328,904 14,473 151,365 2,496,152 2,571,835
categories
14 Total ASF 73,734,778
Position as of December 2024
Carrying Value by Remaining Maturity
No RSF Components (in IDR Millions)
Total Carrying
Value
Without ≥ 6 months -
< 6 months ≥ 1 year
Maturity < 1 year
15 Total HQLA in NSFR
875,235
calculation
16 Deposits with other
financial institutions for 479,610 - - - 239,805
operational purposes
17 Loans classified as
Current and Special - 16,542,302 3,885,257 54,729,811 51,791,122
Mention (performing).
18 Loans to financial
institutions secured by - 9,767,405 - - 976,740
Level 1 HQLA
19 Loans to financial
institutions not secured
- 1,304,283 3,201 151,470 348,713
by Level 1 HQLA or
unsecured
20 Loans to corporates,
retail, MSMEs,
government institutions, - 4,078,052 3,722,422 50,883,111 47,150,882
BI, foreign governments
& PSEs
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Annual Report
2024
Position as of September 2024
Carrying Value by Remaining Maturity
(in IDR Millions)
Total Carrying Value
≥ 6 months -
Without Maturity < 6 months ≥ 1 year
< 1 year
- 12,166,002 10,500 357 5,334,965
- 2,840,965 - - -
328,904 17,302 152,385 2,175,805 2,251,998
328,904 17,302 152,385 2,175,805 2,251,998
81,395,116
Position as of September 2024
Carrying Value by Remaining Maturity
(in IDR Millions)
Total Carrying Value
≥ 6 months -
Without Maturity < 6 months ≥ 1 year
< 1 year
1,125,227
639,234 - - - 319,617
- 16,511,295 3,913,399 52,848,698 50,275,669
- 7,648,006 - - 764,801
- 3,545,528 14,211 159,334 698,268
- 4,438,385 3,638,437 49,121,805 45,791,945
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04 Management Discussion and Analysis
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Position as of December 2024
Carrying Value by Remaining Maturity
No RSF Components (in IDR Millions)
Total Carrying
Value
Without ≥ 6 months -
< 6 months ≥ 1 year
Maturity < 1 year
21 Qualifying for 35% risk
weight per OJK Risk- - - - - -
Weighted Asset regulation
22 Mortgage-backed loans
- - - - -
not currently pledged
23 Qualifying for a risk
weight of 35% or lower,
in accordance with OJK
- 10,854 19,502 3,011,281 1,972,511
Circular Letter on Risk-
Weighted Assets (ATMR)
for Credit Risk.
24 Securities categorized
as Performing and
Underperforming that
are not pledged, not in - 1,381,708 140,131 683,948 1,342,275
default, and not classified
as HQLA, including
publicly traded stocks.
25 Assets with matching
- - - - -
interdependent liabilities
26 Other assets 5,121 31,541 18,922 3,838,641 3,894,225
27 Traded physical
commodities including - -
gold
28 Cash, securities, and other
assets recorded as initial
margin for derivative
contracts, and cash or - -
other assets pledged as
default fund to the central
counterparty (CCP).
29 NSFR derivative assets - -
30 NSFR derivative liabilities
- -
before variation margin
31 All other assets not
included in the categories 5,121 31,541 18,922 3,838,641 3,894,225
above
32 Administrative Account 4,558,418 34,176
33 Total RSF 56,834,563
34 Net Stable Funding Ratio
129.74%
(%)
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Position as of September 2024
Carrying Value by Remaining Maturity
(in IDR Millions)
Total Carrying Value
≥ 6 months -
Without Maturity < 6 months ≥ 1 year
< 1 year
- - - - -
- - - - -
- 11,656 22,222 2,909,170 1,907,899
- 867,720 238,529 658,389 1,112,756
- - - - -
9,590 15,367 22,704 3,939,843 3,987,504
- -
-
-
-
9,590 15,367 22,704 3,939,843 3,987,504
4,557,995 35,170
55,743,186
146.02%
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04 Management Discussion and Analysis
on Bank Performance
Operational Risk
In order to calculate the capital charge and Risk-Weighted Assets (RWA) for operational risk, the Bank currently applied the
standardized method in accordance with OJK Circular Letter Number 06/SEOJK.03/2020 concerning the Calculation of RWA for
Operational Risk Using the Basic Approach for Commercial Banks. The following table presents the capital charge and RWA for
operational risk using the Standardized Approach (SA):
Table of Operational Risk Exposure Disclosure (in IDR Millions)
December 31, 2024
No Description
Capital Charge RWA
1 Standardized Approach (Individual) 351,917 4,398,973
2 Standardized Approach (Consolidated) 367,835 4,597,938
Material Commitments Related to Capital Expenditure Investment
Capital Goods Investment
Investment in the form of capital expenditure is an activity of
During 2024 and 2023, Bank Jatim will have no material spending funds used to buy a number of permanent assets or
commitments for investment in capital goods. Therefore, there add fixed assets that are expected to provide future benefits.
is no information regarding the name of the contracting party,
the purpose of the bond, the source of funds expected to
fulfill the bonds, the currency denominated and the steps the
company plans to take to hedge the risk of the relevant foreign
currency position.
Types and Value of Investment Capital Goods
Types and Investment of Capital Goods are presented in the following table.
Table of Types and Value of Investment Capital Goods (in IDR million)
Type Value in 2024 Value in 2023
Land, buildings, and complementary facilities 726 1,124,400
Inventory 61,912 710,310
Vehicle 615 46,202
Total 63,235 1,880,912
Capital Goods Investment Purpose
Bank Jatim’s capital goods spending, among others, aims to develop service office networks and supporting bank operations. All
capital goods expenditure transactions are carried out in the IDR currency so that the bank does not have a risk of foreign exchange
rates in capital goods expenditure transactions.
274 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2024
Commitment and Contingent
The bank has receivables and liabilities involving commitments and contigencies as follows.
Table of commitment and contigent (in IDR million)
Description 2024 2023
COMMITMENTS
Commitments receivables
IDR:
Purchase of spot and derivative 162,245 -
Others 854,042 874,645
Total 1,016,287 874,645
Commitments Liabilities
IDR
Unused loan commitments granted to debtors 4,262,009 3,770,265
Total Commitment Liabilities - Net 3,245,722 2,895,620
CONTINGENTCIES
Contingent receivable
IDR:
Interest income on past due account 152,253 82,966
Others 7,578 13
Total contingent receivable 159,831 82,979
Contingent Liabilities
IDR:
Bank guarantee issued 644,012 653,383
Foreign Exchange:
Bank guarantee issued 48,285 46,191
Total Contingent Liabilities 692,297 699,574
Total Contingent liabilities - net 532,466 616,595
Total Commitment and contingencies liabilities - net 3,778,188 3,512,215
Material Information and Facts After the Accountant’s Report Date
As of the completion of this Annual Report, no significant events have occurred after the accountant’s report date that would impact
future business performance and risk.
PT Bank Pembangunan Daerah Jawa Timur Tbk 275
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04 Management Discussion and Analysis
on Bank Performance
Business Prospects and Future Strategy
2025
The global economy is expected to remain stable despite facing To support economic activity, central banks in various countries
various challenges. Post-pandemic, the global economy has have implemented policies such as interest rate reductions,
demonstrated resilience; however, disparities persist, affecting expected to stimulate economic growth, along with fiscal
the potential for economic performance improvement in the policy adjustments in response to monetary policy easing. In
coming year. One of the key factors influencing global economic this context, the International Monetary Fund (IMF) projects
performance is inflation. While inflation rates in most countries that global economic growth in 2025 will continue to face
have approached central bank targets, price pressures persist challenges that may hinder its acceleration.
in certain regions. Additionally, the escalation of geopolitical
conflicts and regional tensions, advancements in artificial
intelligence (AI) disrupting the technology and manufacturing
sectors, and extreme climate change affecting energy and food
supply chains have significantly impacted the global economy.
Graph of Projected Economic Growth
(in %)
4.2 4.2 4.3
3.2 3.3 3.3
1.9 1.8
1.7
Global Eonomy Advanced Eonomies Emerging Market & Developing Eonomies
2024 2025 2026
Source: World Economic Outlook (WEO), International Monetary Fund (IMF), January 2025
The global economy is projected to grow by 3.3% in 2025, Despite these challenges, the global economy remains resilient,
with advanced economies expected to expand by 1.9%, while with stable growth and controlled inflation. The banking system
emerging markets are projected to record higher growth remains robust, and emerging markets have not encountered
of 4.2%. This disparity reflects varying growth dynamics, major disruptions. However, the financial sector must adapt
where advanced economies face demographic challenges to technological advancements, including Generative AI
and economic restructuring, whereas emerging markets are and cloud computing, while addressing rising fraud risks and
driven by population growth, urbanization, and infrastructure cybersecurity threats, necessitating new strategic policies.
investment.
Amid global economic turbulence, Indonesia‘s economic growth
New risks continue to emerge, while existing risks evolve in in 2025 is projected to reach 5.2%, driven by stable domestic
response to rapid global changes, including pandemics, energy demand and increased investment. Controlled inflation and
crises, and shifts in macroeconomic conditions. Although heightened economic activity ahead of the general election and
economic turbulence has eased and recovery is underway,
some sectors continue to experience significant impacts. If
prolonged, these challenges could affect global economic
growth, credit ratings, and private sector performance.
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religious holidays are expected to further stimulate growth. The The government has implemented accommodative economic
financial services sector plays a crucial role in supporting this policies to sustain inclusive and sustainable growth while
expansion, with continuous sectoral development in line with ensuring stability amid increasingly complex global challenges
growing investment. throughout 2024 and 2025. As a result, macroeconomic
assumptions indicate resilient performance, albeit with
moderate growth constraints.
Table of Macroeconomic Assumptions
2025
Indicator 2024 Outlook
RAPBN APBN
Economic Growth (%) 5.2 5.2 5.1
Inflation (%) 2.5 2.5 2.7
Exchange Rate (IDR/USD) 16,100 16,000 16,000
SBN interest rates - 10 years (%) 7.1 7.0 6.9
Indonesian crude oil prices (USD/Barrel) 82 82 82
Crude Oil Lifting (thousand barrels/day) 600 605 592
Natural Gas Lifting (million standard cubic feet/day) 1,005 1,005 990
Source: State Budget (APBN) 2025, Ministry of Finance
Indonesia’s positive economic outlook aligns with the projected Rate (JIBOR) with IndoNIA as the benchmark interest rate on
growth of banking credit and Third-Party Funds in 2025, driven January 1, 2026, as part of the transition toward a transaction-
by stable macroeconomic conditions and strong domestic based interest rate and an alternative risk-free rate (RFR). This
consumption. Banking credit disbursement is expected to reform is expected to enhance financial market stability and
continue expanding at a moderate pace, with banks prioritizing support Indonesia’s overall economic growth strategy.
high-potential sectors such as MSMEs, infrastructure, and digital
technology, which have gained increasing attention in recent The potential impact of this interest rate benchmark transition
years. According to Bank Indonesia projections, banking credit on the Bank’s operational activities includes:
is expected to grow by approximately 11%-13%, supported by 1. Mapping and renegotiation of customers or counterparties
rising demand for business capital amid an improving domestic related to the implementation of the benchmark interest
economy and increasing household consumption. A more rate conversion.
accommodative monetary policy and relatively stable interest 2. Income volatility as a result of the benchmark interest rate
rates could further support credit expansion, though risks conversion for affected products/services. The impact of
related to inflation and global uncertainty remain a concern. interest rate increases or decreases needs to be further
analyzed in accordance with the exposure of the related
Third-party funds is also expected to increase in 2025. products/services.
With controlled inflation and more attractive interest rates, 3. Adjustment of internal policies related to the benchmark
individuals are likely to save more, driving DPK growth of interest rate to accommodate future changes.
around 5%-7%. Additionally, the expansion of digital banking 4. Development of the necessary infrastructure and
services, which facilitate easier access to savings and information technology.
investment products, is expected to further support the growth
Sources:
of third-party funds, particularly in savings and deposits. - World Economic Outlook (WEO), International Monetary Fund (IMF), January
2025
- Financial Stability Review, Bank Indonesia, February 2025
In line with these developments, reference interest rate reform - State Budget (APBN) 2025, Ministry of Finance
- Blueprint for Money Market Development 2025, Bank Indonesia, December
is a key policy to strengthen interest rate credibility. Bank 2020
Indonesia plans to replace the Jakarta Interbank Offered
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04 Management Discussion and Analysis
on Bank Performance
Considering the projected conditions of global and national By leveraging its internal strengths, Bank Jatim is optimistic
economic growth, as well as the continuously evolving dynamics about maintaining and even strengthening its position in
of the banking industry, Bank Jatim recognizes the importance Indonesia’s banking market. The bank is confident that it can
of having the right strategy to maintain and strengthen its continue to grow and adapt to changes in the banking sector.
market position. Therefore, Bank Jatim conducts a competitive Thus, Bank Jatim remains optimistic about its future prospects,
analysis using the Strengths, Weaknesses, Opportunities, and with various opportunities that can be leveraged to achieve its
Challenges (SWOC) Analysis approach. Through this analysis, long-term goals. Opportunities that Bank Jatim can leverage in
Bank Jatim can better understand its internal strengths 2025 include:
while also identifying areas for improvement. The factors that 1. Shifting consumer behavior in adopting banking
constitute Bank Jatim’s internal strengths are as follows: technology.
1. Bank Jatim’s reputation as a regional government-owned 2. The demographic landscape of millennials, who are active
bank, with shareholders who act as key stakeholders in the internet and e-commerce users, offering potential for
economic development of East Java. digital economic and financial growth.
2. Bank Jatim has established five pillars of transformation. 3. A positive economic growth climate in East Java.
3. Bank Jatim has an organizational structure aligned with 4. The large market potential for Bank Jatim, especially
business development. among state civil apparatus, the Islamic economic
4. It has a strong captive market in the regional government ecosystem, regional and private government ecosystems,
and State Civil Apparatus segments. and MSMEs (Micro, Small, and Medium Enterprises).
5. Bank Jatim has an extensive distribution network in 5. Economic development programs based on regional
economic development areas and a deep understanding of initiatives in East Java.
the economic characteristics and potential of East Java. 6. Utilization of Artificial Intelligence (AI) and new
6. Bank Jatim has a soundness rating with a composite score technologies to enhance operational efficiency and
of 2 over the past two periods. customer experience.
7. Bank Jatim plans to establish Bank Business Group 7. Collaboration with the creative and digital industries.
collaboration with BPD Lampung, BPD Banten, BPD
Southeast Sulawesi, and BPD East Nusa Tenggara. This Although Bank Jatim sees significant opportunities in 2025,
will enable product and service diversification, operational it must also address various challenges to maximize these
efficiency, enhanced competitiveness, greater capital opportunities. These challenges stem not only from internal
access, stronger brand and reputation, and increased factors but also from external factors that may impact the bank’s
regulatory influence. stability and operations. To navigate these challenges, Bank
Jatim must develop appropriate strategic measures to maintain
Meanwhile, Bank Jatim’s weaknesses that need to be addressed its competitive edge and achieve optimal performance. Some
to sustain growth and competitiveness in the increasingly challenges that Bank Jatim must face in 2025 include:
dynamic banking industry include: 1. Strengthening risk management and IT security to
1. Human resources capabilities need improvement, anticipate cyber threats.
especially in business and business support functions, to 2. Uneven IT infrastructure development, particularly in
drive business growth. archipelagic areas, hindering digital transformation.
2. Policies and procedures need to be updated to align with 3. Disruptive technology poses both a challenge and a threat
business development and best practices in the banking to the banking industry.
industry. 4. Increasing competition in the financing sector, with more
3. Banking technology infrastructure, IT security, and human diverse funding sources available, particularly from capital
resources expertise require enhancement. markets and fintech companies.
4. Innovation in product and service development is needed 5. Strengthening and equalizing MSME quality by increasing
to reach all customer segments. credit distribution and financing.
5. Improvement in credit quality is necessary. 6. Regulatory adjustments to support national economic
6. Marketing activities need to be optimized recovery.
7. Enhancing the quality of data-driven products and services.
8. Competition from national banks with strong brands in
specific market segments in East Java.
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In addition to conducting a SWOC Analysis, Bank Jatim also Achievement of Targets and Future
performs an Internal Factors Analysis Strategy (IFAS) and Targets
External Factors Analysis Strategy (EFAS) Matrix Analysis in
formulating its business development strategy. The outlined Achievement of Targets
business development strategies of the Bank for 2025 are as
follows: The comparison between targets and actual financial
1. Developing and strengthening IT security infrastructure. performance, capital structure, marketing, and human resource
2. Expanding market reach by leveraging technology and development is presented as follows.
optimizing branch networks, including the Laku Pandai
agent network (branchless banking). Comparison of Financial Targets and
3. Collaborating with various stakeholders, particularly the Realization
government, to enhance performance and economic
contributions. The comparison between financial targets and realization in
4. Optimizing digital-based and environmentally sustainable 2024 is as follows.
products and services.
Table of Comparison of Bank Business Plan and Financial Realization in 2024 (in IDR Millions)
Description Realization in 2024 Target in 2024 Achievement (%)
1 2 3 4=2/3
Financial Position
Assets 102,073,578 105,964,655 96.33%
Loans 64,056,633 66,831,046 95.85%
Third-party funds 77,495,528 90,758,260 85.39%
Current Account 19,021,559 25,150,894 75.63%
Savings 31,462,455 34,625,447 90.87%
Time Deposits 27,011,514 30,981,919 87.18%
Profit and Loss and other Comprehensive Income
Interest income 8,025,378 8,010,033 100.19%
Other operating income 1,074,866 1,956,811 54.93%
Current year profit 1,651,325 2,015,820 81.92%
Financial Ratios (%)
Capital Adequacy Ratio (CAR) 23.49% 23.59% 99.58%
Non Performing Loan (NPL) Gross 3.45% 2.20% 63.77%
Return on Assets (ROA) 1.60% 1.93% 82.90%
Return on Equity (ROE) 11.89% 14.96% 79.48%
Net Interest Margin (NIM) 5.86% 5.96% 98.32%
Operating Costs Operating Income (BOPO) 81.89% 77.06% 94.10%
Loan to Deposit Ratio (LDR) 82.05% 73.64% 111.42%
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04 Management Discussion and Analysis
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Total assets reached 96.33% with realization in 2024 of In the future, Bank Jatim will continue to implement the
IDR102.07 trillion, slightly below the target due to a decrease strategies that have been determined, and is committed to
in current accounts and deposits. Loans reached 95.85% with being able to play an active role in the BPD transformation
a realization of IDR64.06 trillion in 2024. Third party funds in program which has high resilience and competitiveness while
2024 were realized at IDR77.50 trillion with an achievement of continuing to act as an agent of development in the region
85.39%, which is in line with the decline in current accounts and through inclusive and sustainable growth.
deposits. Despite this, third party funds from savings managed
to grow 9.18% yoy as an effort to increase low-cost funds.
Comparison of Targets and Actual Capital
In terms of income, the achievement of interest income is Structure Performance
100.19% with a realization of IDR8.03 trillion in 2024. The
achievement of net profit for the year 2024 was 81.92% with a Bank Jatim‘s capitalization has demonstrated resilience in
realization of IDR1.65 trillion, which was below the target, due adapting to various business environment changes in 2024.
to an increase in operational expenses aside from interest. This is evidenced by the achievement of the total core capital
and supplementary capital target, which reached 101.92%, with
The CAR ratio in 2024 is 23.49%, with a target achievement of an actual realization of IDR11.70 trillion in 2024. To maintain and
99.58%. Meanwhile, the LDR ratio grew significantly from the strengthen its capitalization, the bank implemented several
set target, reaching 82.05% in 2024. This demonstrates Bank capital management strategies in 2024, including increasing the
Jatim‘s commitment to continuously increasing its productive bank‘s capital through retained earnings, boosting capital through
assets. general reserves from undistributed profits, capital addition
through asset revaluation, and optimizing Risk-Weighted Assets
(ATMR).
Table of Target and Actual Capital Structure Comparison in 2024 (in IDR Millions)
Description Realization in Target in 2024 Achievement (%)
1 2 3 4=2/3
Main core capital (CET 1) 11,132,593 10,950,968 101.66%
Complementary capital (Tier 2) 574,469 534,995 107.38%
Total Core and Supplementary Capital 11,707,062 11,485,963 101.92%
Comparison of Marketing Target and Realization
The comparison of marketing targets and actual performance is presented as follow.
Table of Comparison of Marketing Targets and Realization in 2024
Uraian Target Realisasi Tahun 2024
Special Rate Current Account Promotion Program Special rate current account promotion was conducted from June 2024 to December 2024,
in 2024 providing an interest rate subsidy of 3.55% for 1- and 3-month tenors.
Collaboration with Banking Institutions/ The initiation of financial service cooperation was carried out with provincial governments,
Entities/Companies. regency governments, city governments, state-owned enterprises (BUMN/BUMD), and regional
public service agencies (BLUD), resulting in a total of 128 MOUs and Cooperation Agreements
(PKS) in 2024.
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Uraian Target Realisasi Tahun 2024
Institutional Relations Sponsorship in 2024 Support for branch studies through sponsorship activities at:
- ASEAN University Games UBAYA
- Tourism Fair
- Charity Golf Tournament
- 64th Anniversary of ITS
- Post-Commemoration Support for HANI 2024
- Support for Kapolri Cup Volleyball 2024, PON Aceh-Sumut 2024
- Festival Tepi Pantai Banyuwangi (Banyuwangi Beachside Festival)
- 52nd Anniversary of Petrokimia Gresik and Golf Tournament
- 25th Anniversary of DWP ITS
- Implementation of Regional Tax Revenue (Opsen Pajak Daerah)
- IWAPI East Java
- Go Speed Program
- Business and Economic Talk Event
- And others
Integration with Hospitals Digital Ecosystem Integration was carried out for:
- 64 Regional General Hospitals (RSUD) across East Java
- 310 Government and Private Hospitals
MOUs and Cooperation Agreements (PKS) A total of 194 MOUs and Cooperation Agreements (PKS) were executed as of December 31, 2024.
Special Rate Deposits The Institutional Relations Unit reviewed proposals for special rate deposits for corporate and
institutional segments submitted by branches.
Development of the State Revenue System on Internal and external resource preparation, as well as system integration, was conducted for
Collecting Agent (Bank Jatim) Version 3.0 in the implementation of the Core Tax Administration System (CTAS) and the transaction status
relation to CTAS implementation verification mechanism of the State Revenue Module (MPN GEN3).
Acceleration of non-cash transactions through The use of CMS was optimized, and the Virtual Account (VA) Dashboard was developed to facilitate
the use of the Cash Management System (CMS) and accelerate CMS monitoring by the Directorate of State Treasury Management (PKN), Regional
by APBN Managing Units Offices of the Directorate General of Treasury (DJPb), State Treasury Service Offices (KPPN), and
central offices of Ministries/Agencies..
Implementation of Digital Identity for Banking Bank Jatim was the first bank in Indonesia to implement the use of Digital ID (KTP Digital).
in collaboration with the Directorate General
of Population and Civil Registration, Ministry of
Home Affairs
Comparison of Targets and Realization in Human Resources Development
The realization of Education and Training expenses reached 10.72% below the target. However, compared to the education and
training budget in 2023, there was a significant increase of 39.95%, rising from IDR38.86 billion in 2023 to IDR54.40 billion in 2024.
This increase was also reflected in budget absorption, which reached 89.00% in 2024. One of the factors contributing to this growth
was the rise in online and offline education and training activities to support the bank’s business operations.
Table of Comparison of Human Resource Development Targets and Realization in 2024 (in IDR Billions)
Description Realization in 2024 Target in 2024 Achievement
1 2 3 4=2/3
Education and Training Expenses 54,401,645,187 60,934,748,000 89.26%
Future Target (Projection)
Bank Jatim’s management has prepared the Bank Business Plan for 2025 by considering the current economic conditions and
economic projections for 2025, both at the macro and micro levels.
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Table of Assumptions in Preparing Projections
2025
Indicator
RAPBN APBN
Economic Growth (%) 5.2 5.2
Inflation (%) 2.5 2.5
Exchange Rate (IDR/USD) 16,100 16,000
SBN interest rates - 10 years (%) 7.1 7.0
Indonesian crude oil prices (USD/Barrel) 82 82
Crude Oil Lifting (thousand barrels/day) 600 605
Natural Gas Lifting (million standard cubic feet/day) 1,005 1,005
Source: State Budget (APBN) 2025, Ministry of Finance
Financial Projections
Description of financial projections in 2025 is presented as follows:
Table of Financial Projection for 2025 (in IDR Millions)
Description Projection for 2025
1 2
Financial Position
Assets 105,030,937
Loans 73,138,194
Third-party funds
Current Account 22,243,252
Savings 35,057,996
Time Deposits 28,495,427
Profit and Loss and other Comprehensive Income
Interest income 8,673,889
Other operating income 1,440,399
Current year profit 2,059,891
Financial Ratios (%)
Capital Adequacy Ratio (CAR) 23.16%
Non Performing Loan (NPL) Gross 2.95%
Return on Assets (ROA) 2.08%
Return on Equity (ROE) 13.01%
Net Interest Margin (NIM) 6.12%
Operating Costs Operating Income (BOPO) 79.54%
Loan to Deposit Ratio (LDR) 85.27%
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Capital Structure Projection
The projected capital structure for 2025 is presented as follows:
Table of Capital Structure Projection 2025 (in IDR Millions)
Uraian Proyeksi 2025
1 2
Core Capital (CET 1) 11,817,740
Supplementary Capital (Tier 2) 610,799
Total Core and Supplementary Capital 12,428,539
Dividend Policy Projection
The projected dividend policy for the 2024 fiscal year, to be distributed in 2025, is presented as follows:
Table of Dividend Policy Projection (in IDR Millions)
Description Projection
1 2
Estimated Net Profit 2024 1,281,116,202,418
Estimated Total Distributed Dividends 821,497,900,066.22
Estimated Dividends for East Java Provincial Government 420,003,945,682.08
Dividend Payout Ratio (%) 64.12%
*Note: The estimated dividend distribution for the 2024 fiscal year to be distributed in 2025 is subject to approval from the East Java Provincial Government as the Controlling
Shareholder (PSP).
Marketing Projection Governments (Provincial, City, Regency) in East Java,
through the following digital programs:
For 2025, the Bank has outlined the following marketing a. Core Tax Administration System (CTAS) – Ministry of Finance;
projections: b. Village Financial System (SISKEUDES LINK);
1. Financial service partnerships with the Provincial, City, and c. Regional Government Information System (SIPD) –
Regency Governments, as well as Regional Government Republic of Indonesia;
Agencies (OPD) in East Java, including: d. State Treasury and Budget System (SPAN);
a. Increasing Third-Party Funds through the ETPD e. E-Catalogue Version 6;
program; f. Digital Healthcare Ecosystem;
b. Collaborations with Public Universities; and g. Digital Campus Ecosystem; and
c. Partnerships with Regional Public Hospitals. h. e-BLUD.
2. Financial service partnerships with Foundations,
Universities, and Private Hospitals within Bank Jatim’s HR Development Projections
operational area, including:
a. Collaborations with Private Universities; An HR development strategy is a plan regarding how the quality
b. Partnerships with Private Hospitals; of human resources can develop in a better direction and
c. Cooperation with Foundations; and increase their work capabilities. An HR development strategy
d. Partnerships with InstitutionsSponsorship. can run well if it is accompanied by a carefully planned HR
3. Sponsorship by the Institutional Relations Division; development program. So it is hoped that it will be able to help
4. Gathering events with the Government, Foundations, achieve the goal of producing quality human resources. One of
Universities, and both Public and Private Hospitals; the HR development programs is holding training programs for
5. Development of an Integrated Government Digital Service, employees.
in collaboration with Ministries, State Institutions, and Local
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Bank Jatim develops quality human resources in 2024 through education and training programs. There are several types of HR
training that can be carried out, including skills training , retraining or retraining, team training , creativity training and others. In
2025, the projected human resource development for all employees is 5.327 peoples.
Table of HR Development Projection for 2025 (in peoples)
Description 2025 Projections
1 2
Training for organic employees 5,327
Long-Term Plan Evaluation
The long-term plan outlined in the Corporate Plan 2024-2028 needs to be reviewed to ensure that the Bank‘s business operations
align with the established plans. Regular evaluations are conducted, considering the Bank‘s business conditions and developments.
The Corporate Plan 2024-2028 is assessed both quantitatively and qualitatively, with the following evaluation results:
Table of Comparison of Corporate Plan and Financial Realization 2024 (in IDR Millions)
Realization Corporate Plan Target Achievement
Description
in 2024 in 2024 (%)
1 2 3 4=2/3
Financial Position
Assets 102,073,578 114,107,632 89.45%
Loans 64,056,633 62,220,195 102.95%
Third-party funds 77,495,528 95,950,501 80.77%
Current Accounts 19,021,559 24,376,546 78.03%
Savings 31,462,455 34,499,779 91.20%
Time Deposits 27,011,514 37,075,175 72.86%
Profit and Loss and other Comprehensive Income
Interest income 8,025,378 8,041,718 99.80%
Other operating income 1,074,866 1,699,472 63.25%
Current year profit 1,651,325 2,215,233 74.54%
Financial Ratios (%)
Capital Adequacy Ratio (CAR) 23.49% 25.83% 90.94%
Non Performing Loan (NPL) Gross 3.45% 2.68% 77.68%
Return on Assets (ROA) 1.60% 2.00% 80.00%
Return on Equity (ROE) 11.89% 13.13% 90.56%
Net Interest Margin (NIM) 5.86% 6.07% 96.54%
Operating Costs Operating Income (BOPO) 81.89% 76.69% 93.65%
Loan to Deposit Ratio (LDR) 82.05% 64.85% 126.52%
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Based on this evaluation, Bank Jatim needs to adjust its the Bank’s Business Plan, which is submitted to the Financial
Corporate Plan 2024-2028, which will be implemented in Services Authority (OJK).
2025. These adjustments include:
1. Recalculating the financial performance projections for the It is possible for banks to distribute dividends of at least 50%
next five years. (fifty percent) of the current year’s net profit which can be
2. Adjusting the corporate action plan, particularly regarding distributed in the form of cash dividends taking into account:
capital participation in five Regional Development Banks a. The achievement of Bank financial performance..
(BPDs) through the Bank Business Group system. b. The Bank’s Capital Adequacy Ratio (KPMM) level after
3. Aligning strategies and work programs between the distribution of dividends and other investment projects
Business Plan, Corporate Plan, IT Strategy Plan, and that require significant capital, is not less than the ratio
Regional Development Bank Strengthening Roadmap. provisions determined by the Bank and/or regulatory
provisions from time to time.
c. Bank Health Level.
Policies, Announcements d. Bank financial condition.
and Payment of Dividend e. Profit growth expectations;
f. Considering the Bank’s capital needs in the future.
Dividend Policy g. Bank development/growth plans and strategies.
h. Bank business sustainability.
Bank Jatim’s dividend policy is stipulated in the Board of i. Market conditions.
Directors Decree No. 063/03/01/DIR/CSE/KEP dated January j. Shareholder Interests.
9, 2024, regarding the Standard Operating Procedure (SOP) k. Compliance with relevant and applicable regulations
of the Corporate Secretary, specifically in Chapter IV on the l. Banks can only distribute dividends if the Bank has a
Corporate Action Policy of the Bank. The dividend policy is positive profit balance, after taking into account the
designed to ensure that all shareholders receive their rights reserves that must be established as required by the
and are treated equally concerning the dividends distributed Incorporated Company (Perseroan Terbatas) Law.
by the Bank, in accordance with good corporate governance
principles and applicable regulations, while also considering In the event that the Bank experiences problems as explained
the Bank’s interests. Based on the distribution mechanism, in the points above and/or experiences financial performance
dividends are categorized into two types: final dividends conditions that require special treatment, the Bank may:
and interim dividends. The amount of dividends distributed a. Proposing to the RUPS to postpone dividend payment;
is linked to the Bank’s profits for the respective fiscal year, b. Stopping the payment of approved dividends;
without disregarding the Bank’s profitability level and without c. Stopping the payment of dividends in installments or
limiting the authority of the General Meeting of Shareholders stopping the payment of dividends gradually; and/or
to decide otherwise, in accordance with the Bank’s Articles of d. Withdrawing dividend payments to Controlling
Association. The dividend distribution plan must be included in Shareholders, in the event that the Bank experiences
financial performance problems.
Announcement and Payment 0f Dividend
Based on the AGMS Decision, PT Bank Pembangunan Daerah Jawa Timur Tbk carried out the announcement and payment of
dividends as in the following table.
Table of Dividend Announcement and Payment
Description Fiscal Year 2023 Fiscal Year 2022 Fiscal Year 2021 Fiscal Year 2020 Fiscal Year 2019
Net Profit (IDR) 1,470,104,932,979 1,542,824,394,640 1,523,069,838,418 1,488,961,630,120 1,376,505,140,913
Dividends (IDR) 816,692,940,679,98 797,172,793,173,38 782,457,605,053,02 733,507,081,305,70 723,747,007,552,40
Non-Cash Dividends * - - - - -
Dividend Per Share
54.39 53.09 52.11 48.85 48.20
(IDR)
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Description Fiscal Year 2023 Fiscal Year 2022 Fiscal Year 2021 Fiscal Year 2020 Fiscal Year 2019
Non-Cash Dividend
- - - - -
Per Share *)
Total Shares 15,015,498,082 15,015,498,082 15,015,498,082 15,015,498,082 15,015,498,082
Dividend Payout Ratio
51.67% 51.37% 49.26% 52.58%
(%)
Announcement Date February 13, 2024 March 03, 2023 March 29, 2022 May 05, 2021 May 05, 2020
Payment date March 7, 2024 May 12, 2023 April 14, 2022 May 28, 2021 May 20, 2020
Non-Cash Dividend
- - - - -
Payment Date *)
*)
Bank Jatim does not have non-cash dividends
Announcement and Payment of Dividend Realization of Use of Public Offering
for Fiscal Year 2022 Proceeds
On April 12, 2023 Bank Jatim held an AGMS which approved The last public offering was carried out in 2012 and the use of
and determined the use of Bank Jatim’s net profit for the proceeds from the public offering was in accordance with plan.
f inancial year ending December 31, 2022 amounting to So that 2024 is not a reporting period for the use of public
IDR1,542,824,394,640.00 as follows: offering proceeds, Bank Jatim has no obligation to submit a
1. An amount of IDR797,172,793,173.38 or 51.67% of report on the realization of the use of public offering proceeds.
Bank Jatim’s net profit for the 2022 financial year was
distributed as cash dividends to shareholders registered in
the Company’s Register of Shareholders as of May 2, 2023 Material Information Regarding
which will be paid on May 12, 2023. Investment, Expansion, Divestment,
2. A total of IDR745,651,601,466.62, 48.33% of Bank Jatim’s Merger/Consolation Businesses,
net profit for the 2022 financial year is designated as Acquisitions, Debt / Capital
General Reserves. Restructuring
Announcement and Dividend Payment for the Investment
2023 Financial Year
Referring to Financial Services Authority Regulation Number
On February 7, 2024, Bank Jatim held its Annual General Meeting 22 of 2022 concerning Equity Participation Activities by
of Shareholders (AGMS), which approved and determined the Commercial Banks and the capital participation approval
use of Bank Jatim’s net profit for the financial year ending letter from the Financial Services Authority Number S-21/
December 31, 2023, amounting to IDR1.470.104.932.979 as KO.14/2024 dated July 5, 2024, Bank Jatim carried out an
follows: equity participation activity in the banking financial services
1. IDR816.692.940.679,98 or 55,55% of Bank Jatim’s net institution PT Bank Pembangunan Daerah Nusa Tenggara
profit for the 2023 financial year will be distributed as cash Barat Syariah under the scheme of forming a Bank Business
dividends to shareholders registered in the Company’s Group (KUB) amounting to IDR100 billion on August 16, 2024.
Shareholder Register as of February 22, 2024, and will be Regarding this equity participation, based on the Shareholders’
paid on March 7, 2024. Decision Deed of PT Bank Pembangunan Daerah Nusa Tenggara
2. IDR653.411.922.299,02 or 44,45% of Bank Jatim’s net Barat Syariah Number 10 dated August 24, 2024, Bank Jatim
profit for the 2023 financial year is designated as General became a shareholder as well as the Parent Bank of the Bank
Reserves. Business Group (KUB) with a total shareholding of 3.921.568
(three million nine hundred twenty-one thousand five hundred
sixty-eight) Series A shares or 4,09% of the total shares in PT
Bank Pembangunan Daerah Nusa Tenggara Barat Syariah.
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Expansion
In 2024, Bank Jatim expanded by adding 2 (two) Conventional Sub-Branch Offices and 2 (two) Sharia Service Offices as part of efforts
to broaden service reach and improve banking accessibility for the public. This step was taken to bring banking services closer to more
customers, especially in areas with significant growth potential that have not yet been optimally served.
Table of Branch Network Expansion
Branch Network 2024 2023 Expansion Operating Date
Conventional Sub-Branch - KCP Dander operated on January 22, 2024
165 163 2
Offices (KCP) - KCP Pujon operated on March 25, 2024
- KLS Dander operated on January 22, 2024
Sharia Service Offices (KLS) 198 196 2
- KLS Pujon operated on March 25, 2024
Divestment Conflict of Interest Transactions
Throughout 2024, Bank Jatim did not carry out any investment In accordance with the provisions in the Financial Services
activities. Authority Regulation Number 42/POJK.04/2020 concerning
Affiliate Transactions and Conflict of Interest Transactions,
Merger/Consolidation a Conflict of Interest is the difference between the economic
interests of a public company and the personal economic
Throughout 2024, Bank Jatim did not conduct any merger/ interests of members of the board of directors, members of
consolidation activities. the board of commissioners, major shareholders, or controllers
who can be detrimental to the listed company in question.
Acquisition
One effort to avoid conflicts of interest is that all parties,
Throughout 2024, Bank Jatim did not undertake any both employees and company leaders, must comply with the
acquisition activities. established code of ethics and avoid activities that could lead
to conflicts of interest. Bank Jatim has regulations regarding
Debt/Capital Restructuring Conflicts of Interest, which are detailed in Board of Directors
Decree Number: 063/03/68/DIR/KPT/KEP dated April 29,
Throughout 2024, Bank Jatim did not engage in any debt/ 2024, regarding the Standard Operating Procedure (SOP)
capital restructuring activities. for Conflicts of Interest. This SOP is designed to ensure that
all actions and decisions taken by Bank Jatim employees and
management are not influenced by personal interests that may
Material Transactions Containing conflict with the interests of Bank Jatim. Additionally, this SOP
Conflicts of Interest and/or aims to maintain integrity, transparency, and accountability in
Transactions with Affiliated Parties all operational aspects of Bank Jatim and to prevent potential
conflicts of interest that could harm Bank Jatim and other
A Material Transaction is any transaction conducted by a stakeholders. With this clear guideline, it is expected that all
publicly listed company or a controlled company that meets involved parties will carry out their duties responsibly and
a transaction value limit of 20% (twenty percent) or more of prioritize Bank Jatim’s interests over personal interests.
the equity of a publicly listed company (Financial Services
Authority Regulation Number 17/POJK.04/2020 concerning In 2024, there were no transactions containing conflicts of
Material Transactions and Business Activity Changes). interest.
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04 Management Discussion and Analysis
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Affiliate Transactions Fairness of Transactions and Compliance with
Related Regulations
Based on the provisions of Financial Services Authority
Regulation Number 42/POJK.04/2020 concerning Affiliate Transactions conducted by Bank Jatim comply with POJK
Transactions and Conflict of Interest Transactions, Affiliates Number 42/POJK.04/2020 concerning Affiliated Transactions
are: and Conflict of Interest Transactions at the time the transactions
a. Family relationships due to marriage and descent up to the were executed. Transactions were conducted in accordance
second degree, both horizontally and vertically; with generally accepted business practices, including meeting
b. The relationship between the party and the employee, the arm’s length principle. Transactions were carried out
director or commissioner of that party; based on Bank Jatim’s needs and were free from conflicts of
c. Relationship between 2 (two) Companies where there are 1 interest. In 2024, there were no affiliated and/or related party
(one) or more members of the same Board of Directors or transactions requiring AGMS approval. If transactions with
Board of Commissioners; affiliated and/or related parties require shareholder approval,
d. Relationship between the Company and the Party, whether it is conducted by shareholders who have no interest in the
directly or indirectly, controlling or controlled by the transaction.
company;
e. Relationship between 2 (two) companies controlled, either Statement of the Board of Directors Regarding
directly or indirectly, by the same party; or Affiliated Transactions
f. Relationship between the Company and Major
Shareholders. The Board of Directors states that affiliated and/or related
party transactions have undergone adequate procedures to
Furthermore, Affiliate transactions are any activity and/ ensure that these transactions are carried out in accordance
or transaction carried out by a public company or controlled with generally accepted business practices, including meeting
company with an Affiliate of a public company or an Affiliate the arm’s length principle.
of a Member of the Board of Directors, Member of the Board
of Commissioners, Major Shareholder or Controller, including Role of the Board of Commissioners and
any activity and/or transaction carried out by Public Company Committees in Affiliated Transactions
or Controlled Company for the benefit of Affiliates of Public
Companies or Affiliates of members of the Board of Directors, Material or significant transactions with affiliated and/or
Members of the Board of Commissioners, Major Shareholders, related parties must first be reviewed by the Risk Monitoring
or Controllers. Committee and approved by the Board of Commissioners. All
transactions have undergone a review mechanism according to
Transactions with affiliated parties have potential risks, namely the type of transaction, with feasibility analysis and adequate
the risk of misuse by parties which may be detrimental to the procedures to ensure that affiliated transactions are conducted
Bank. Therefore, Bank Affiliated Parties are prohibited from following generally accepted business practices, including
using the Bank for personal, family and/or other party interests meeting the arm’s length principle.
which may harm or reduce the Bank’s profits.
Related Party Transactions
Affiliated Transactions as Business Activities
Conducted to Generate Operating Income and In conducting its business, the Bank engages in transactions
Carried Out Routinely, Repeatedly, and/or with related parties as defined in PSAK 224 on “Related Party
Continuously Disclosures.” A related party is an individual or entity related to
the reporting entity as follows:
Based on Articles 8 and 9 of POJK 42/2020, there are i. A person or a close member of that person’s family is
affiliated transactions that constitute business activities related to a reporting entity if that person:
carried out to generate operating income and are conducted a) Has control or joint control over the reporting entity;
routinely, repeatedly, and/or continuously, as presented in the b) Has significant influence over the reporting entity; or
related party transactions section. Bank Jatim has recorded c) A member of the key management personnel of the
these transactions, which are listed in Note 45 of the Financial reporting entity or of a parent of the reporting entity.
Statements.
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ii. An entity is related to the reporting entity if any of the e) The entity is a post-employment benefit plan for the
following conditions applies: benefit of employees of either the reporting entity, or
a) The entity and the reporting entity are members of the an entity related to the reporting entity;
same Bank and its subsidiaries (which means that each f) The entity is controlled or jointly controlled by a person
parent, subsidiary and fellow subsidiary is related to identified in (i);
the others); g) A person identified in (i). (a) has a significant influence
b) One entity is an associate or joint venture of the other over the entity or is a member of the key management
entity (or an associate or joint venture of a member of personnel of the entity (or a prent of the entity); or
a Bank and its subsidiaries of which the other entity is a h) The entity or any members of a Bank and its subsidiaries
member); of which it is a part, provides key management
c) Both entities are joint ventures of the same third party; personnerl service to the reporting entity or to the
d) One entity is a joint venture of a third entity and the parent of the reporting entity.
other entity is an associate of the third entity;
Name of the Transacting Party and Nature of the Relationship
Description of the name of the transacting party and the nature of the relationship is presented as follows:
Table of Names of Parties and Nature of Related Transaction Relationships
Related Parties Nature of Relationship Nature of the Transaction
Government of East Java Province Shareholder Fund Placement
West Nusa Tenggara Provincial Government Shareholders of subsidiary entities Fund Placement
Sidoarjo Regency Government Shareholder Fund Placement
Bojonegoro Regency Government Shareholder Fund Placement
Banyuwangi Regency Government Shareholder Fund Placement
Malang Regency Government Shareholder Fund Placement
Gresik Regency Government Shareholder Fund Placement
Tuban Regency Government Shareholder Fund Placement
Ngawi Regency Government Shareholder Fund Placement
Kediri Regency Government Shareholder Fund Placement
Sumenep Regency Government Shareholder Fund Placement
Kraksaan Regency Government Shareholder Fund Placement
Jember Regency Government Shareholder Fund Placement
Lamongan Regency Government Shareholder Fund Placement
Sampang Regency Government Shareholder Fund Placement
Bondowoso Regency Government Shareholder Fund Placement
Trenggalek Regency Government Shareholder Fund Placement
Mojokerto Regency Government Shareholder Fund Placement
Nganjuk Regency Government Shareholder Fund Placement
Situbondo Regency Government Shareholder Fund Placement
Tulungagung Regency Government Shareholder Fund Placement
Lumajang Regency Government Shareholder Fund Placement
Pacitan Regency Government Shareholder Fund Placement
Pasuruan Regency Government Shareholder Fund Placement
Pamekasan Regency Government Shareholder Fund Placement
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04 Management Discussion and Analysis
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Related Parties Nature of Relationship Nature of the Transaction
Blitar Regency Government Shareholder Fund Placement
Bangkalan Regency Government Shareholder Fund Placement
Madiun Regency Government Shareholder Fund Placement
Jombang Regency Government Shareholder Fund Placement
Ponorogo Regency Government Shareholder Fund Placement
Magetan Regency Government Shareholder Fund Placement
Surabaya City Government Shareholder Fund Placement
Madiun City Government Shareholder Fund Placement
Malang City Government Shareholder Fund Placement
Pasuruan City Government Shareholder Fund Placement
Mojokerto City Government Shareholder Fund Placement
Batu City Government Shareholder Fund Placement
Probolinggo City Government Shareholder Fund Placement
Blitar City Government Shareholder Fund Placement
Kediri City Government Shareholder Fund Placement
PT BPR Jawa Timur (Perseroda) Owned by the same ultimate shareholders Credit provided Placement of funds
Board of Commissioners, Directors and Executive
Key employees Management Customer deposits Labor costs
Officers
Realization of Related Party Transactions
The balance of productive assets, deposits, loans received, and commitments and contingencies as of December 31, 2024, and
December 31, 2023, from related parties is as follows:
Table of Related Party Transactions Realization (in million Rupiah)
Description 2024 2023
ASSETS
Loans and Islamic financing (Note 13)
Key management loans 102,306 100,611
Others 10,138 84,206
Total 112,444 184,817
Percentage of total assets 0.10% 0.18%
LIABILITIES
Deposits from customers (Note 19) 12,268,842 12,644,538
Percentage of total liabilities 13.87% 14.15%
Deposits from other banks (Note 21)
PT BPR Jawa Timur (Perseroda) 44,323 56,694
Percentage of total liabilities 0.05% 0.06%
PROFIT AND LOSS AND OTHER COMPREHENSIVE INCOME
Interest income (Note 32) 6,515 13,968
Percentage of total interest and sharia income 0.08% 0.19%
Interest and sharia expenses (Note 33) 477,325 459,124
Percentage of total interest and sharia expenses 17.97% 19.82%
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Description 2024 2023
KEY MANAGEMENT COMPENSATION
Compensation for key management personnel of the Group (excluding
Commissioners and Directors)
Salary 23,135 17,656
Production services 10,762 12,009
Allowances 7,610 7,458
Total 41,507 37,123
Reference to Disclosure in the Financial ensure that affiliated and/or related party transactions are
Statements conducted in accordance with generally accepted business
practices, including compliance with the arm’s length principle.
Details of the names of related parties and realization (value)
of related party transactions are presented in Note 45 to Role of the Board of Commissioners and
the Financial Statements attached to this Annual Report. Committees Regarding Related Party
These related transactions are business activities carried out Transactions
to generate operating income and are conducted routinely,
repeatedly, and/or continuously. Material or significant transactions with affiliated and/or
related parties must first be reviewed by the Risk Monitoring
Fairness and Reasons for the Transaction Committee and approved by the Board of Commissioners. All
transactions have undergone a review mechanism according to
In normal business activities, Bank Jatim carries out transactions the type of transaction and feasibility analysis and have followed
with related parties due to ownership and/or management adequate procedures to ensure that affiliated transactions are
relationships. All transactions with related parties have been conducted in accordance with generally accepted business
carried out with mutually agreed policies and conditions practices, including compliance with the arm’s length principle.
and comply with the arm’s length principle . Related party
transactions occur because of Bank Jatim’s business needs.
Policy on Loan Granting for the Board
Compliance with Related Regulations and of Commissioners/Directors
Provisions
The provision of credit to the Board of Directors and
Transactions with affiliated and/or related parties are conducted Commissioners is included in the provision of credit to Related
under the same terms and conditions as transactions with third Parties, where granting credit to the Board of Directors and
parties. The transactions conducted by the Bank comply with Commissioners must obtain approval from the Board of
the Financial Services Authority Regulation (POJK) No. 42/ Commissioners. Funding to Related Parties is regulated by
POJK.04/2020 on “Affiliated Transactions and Conflict of the Financial Services Authority (OJK) and the Company’s
Interest Transactions.” regulations, namely the Minimum Credit Provision Policy of
Bank Jatim.
All transactions have undergone a review mechanism according
to the type of transaction and feasibility analysis. Throughout The terms and procedures for granting credit to the Board of
2024, there were no violations of laws and regulations related Directors and Board of Commissioners are the same as those
to transactions with affiliated and/or related parties, and for prospective debtors of Bank Jatim in general, provided
there were no affiliated and/or related party transactions fairly and at market interest rates (at arm’s length basis and at
requiring General Meeting of Shareholders (GMS) approval. market rates), while still adhering to the principle of prudence.
If transactions with affiliated and/or related parties require
shareholder approval, the approval is granted by shareholders This policy is outlined in the Board of Directors’ Decree
who have no interest in the transaction. Number 062/03/62/DIR/PGP/KEP dated November 3,
2023, concerning the First Amendment to the Standard
Statement of the Board of Directors Regarding Operating Procedure (SOP) for Multipurpose Credit. Additional
Related Party Transactions requirements in this policy include a Recommendation Letter
or Special Certificate that must be provided by the Board of
The Board of Directors states that affiliated and/or related Commissioners and Directors under the following conditions:
party transactions have undergone adequate procedures to
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04 Management Discussion and Analysis
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1. The Board of Commissioners must obtain a recommendation Additionally, there are additional requirements, including:
from the President Commissioner. a. A Power of Attorney to debit all future benefits to be
2. The President Commissioner must obtain a received for loan repayment and/or loan installments
recommendation from other Commissioners or an if the debtor resigns voluntarily or is terminated due to
Independent Commissioner. disciplinary actions, fraud, or other reasons.
3. The President Director must obtain a recommendation b. A Statement Letter from the Credit Administration and
from the Commissioner. Installment Manager (PAAK) or treasurer to deposit all
4. The Field Director must obtain a recommendation from the future benefits to be received by the debtor, including
President Director. disbursement of other income such as severance pay,
pension funds, Old Age Savings (THT), and others.
Changes In Laws and Regulations and Their Impact on the Bank
Changes in several laws and regulations throughout 2024 and their impact on Bank Jatim are outlined in the following table.
Table of Regulatory Changes
Impact on Financial
No Regulation Key Provisions Information Adjustment
Statements
1 Government Regulation 1. The costs incurred for preparing Following the enactment of Government Does not have a
(PP) No. 34 of 2023 on the implementation of the Banking Regulation (PP) No. 34 of 2023, Bank Jatim significant quantitative
the Portion of Premium Restructuring Program (PRP) are charged complies with the premium payment amount impact on Bank Jatim’s
Contributions for Funding to the operational expenses of the Deposit and schedule set by the LPS. Additionally, Financial Report
the Banking Restructuring Insurance Corporation (LPS). The PRP the Bank has established internal regulations
Program premium is part of the deposit insurance concerning its premium payment obligations
premium, which is an additional charge to the LPS and the Financial Services
imposed on banks by the LPS before the Authority (OJK) and the crisis management
PRP is implemented; process.
2. The PRP premium amount is determined
by considering the target for premium
collection within a specific period;
3. The Minister has the authority to
review the premium collection target,
bank categories, and/or PRP premium
percentage in coordination with the
Financial System Stability Committee
2 Bank Indonesia 1. Governance regulations 1. The Bank monitors IT strategic plans within Does not have a
Regulation No. 2 of 2024 2. Prevention regulations the Bank Business Plan (RBB), including significant quantitative
on Information System 3. Incident Response Regulations KKS, and adjusts organizational structure impact on Bank Jatim’s
Security and Cyber 4. Supervision regulations as needed. Financial Report
Resilience for Payment 5. Collaboration regulations 2. The Bank fulfills human resource needs
System Providers, 6. Implementation of the Cyber Resilience related to KKS, including training and
Money Market and Framework (KKS) by providers addressing personnel shortages in KKS
Foreign Exchange Market implementation.
Participants, and Other 3. The Bank regularly audits Information
Entities Regulated and System Security and Cyber Resilience.
Supervised by Bank 4. The Bank updates internal regulations
Indonesia accordingly.
5. The Bank promotes a Cyber Resilience
Culture (KKS) to enhance awareness of
cyber risks, positive behaviors, and ethical
cybersecurity practices among consumers,
third parties, and internal staff.
6. The Bank conducts Information
System Security and Cyber Resilience
assessments on third parties, whether
current or potential partners.
7. The Bank establishes a Cyber Incident
Response Team at the organizational
level, involving personnel from various
departments and units to handle
cybersecurity incidents.
8. The Bank submits data and/or information
to Bank Indonesia as required, both
annually and incidentally.
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Impact on Financial
No Regulation Key Provisions Information Adjustment
Statements
3 Bank Indonesia 1. Duties and authorities of the Alternative 1. The Bank updates its internal regulations Does not have a
Regulation No. 3 of 2024 Dispute Resolution Institution for the accordingly. significant quantitative
on Alternative Dispute Financial Sector (LAPS-SK) 2. The Bank develops and ensures the impact on Bank Jatim’s
Resolution Institutions in 2. Principles of LAPS-SK competency of human resources for the Financial Report
the Financial Sector 3. Criteria for disputes handled by LAPS-SK Competency-Based Training Program in
4. Supervision by Bank Indonesia the Payment System at all qualification
levels, including Payment System
Competency Certification.
4 Regulation of the Board 1. Formulation of information technology 1. Updating and establishing the Bank’s Does not have a
of Governors Member policies related to the National Clearing internal policies. significant quantitative
No. 5 of 2024 concerning System (SKNBI). 2. Handling Abnormal and/or Emergency impact on Bank Jatim’s
Amendments to 2. Submission of requests for changes in Conditions. Financial Report
Regulation of the Board Debit Clearing Instrument Service Zones 3. Holding ALCO meetings.
of Governors Member through the PWD Coordinator.
No. 21/12/PADG/2019 3. Debit Instrument Exchange activities.
on the Implementation 4. Procedures for Debit Instrument Exchange
of Fund Transfers and in Manual Clearing Areas using the Pigeon
Scheduled Clearing by Hole system.
Bank Indonesia 5. Processing fees for Fund Transfer via DKE.
5 Financial Services 1. Implementation of Sharia Principles and 1. Updating and establishing the Bank’s Does not have a
Authority (OJK) Sharia Governance Framework. internal policies. significant quantitative
Regulation No. 2 of 2024 2. Sharia Supervisory Board 2. Adjusting the Bank’s Articles of Association impact on Bank Jatim’s
on the Implementation 3. Independence of DPS to ensure compliance with Sharia Financial Report
of Sharia Governance for 4. Term of Office, Appointment, and Dismissal principles.
Sharia Commercial Banks of DPS 3. Adapting the organizational structure to
and Sharia Business Units 5. Duties, Responsibilities, and Authorities of align with Sharia Risk Management, Sharia
DPS Compliance, and Sharia Internal Audit
6. DPS Meetings functions.
7. Transparency Aspects of DPS 4. Aligning the Sharia Governance
8. DPS Remuneration Implementation Report and Sharia
9. Sharia Compliance Function, Sharia Risk Governance Assessment Report, as well as
Management, Sharia Internal Audit, and DPS Supervision Reports.
External Review of Sharia Governance 5. Sanctions.
10. Sanctions
11. Reporting
6 Financial Services 1. Preparation, Announcement, and 1. Updating the Bank’s internal policies. Does not have a
Authority (OJK) Submission of Prime Lending Rates 2. Conducting ALCO meetings significant quantitative
Regulation No. 13 of (SBDK). 3. Adjusting the SBDK Publication Report impact on Bank Jatim’s
2024 on Transparency 2. SBDK Information and Detailed SBDK Report. Financial Report
and Publication of 3. Other Provisions 4. Aligning the Detailed SBDK Report.
Prime Lending Rates for 4. Sanctions and Penalties
Conventional Commercial 5. Reporting
Banks (POJK SBDK BUK).
7 Financial Services 1. Preparation of bank financial information 1. Updating and establishing the Bank’s Does not have a
Authority (OJK) and reports. internal policies. significant quantitative
Regulation No. 15 of 2024 2. Duties and responsibilities of the Board of 2. Implement an information system to impact on Bank Jatim’s
on the Integrity of Bank Directors, Board of Commissioners, and support financial reporting. Financial Report
Financial Reporting Audit Committee in the financial reporting 3. Establishment of a dedicated work unit.
process 4. Adjusting the internal control report within
3. Role of shareholders and affiliated parties the Bank’s financial reporting process.
in the financial reporting process 5. Aligning the supervisory report of the
4. Submission of information and reports to Board of Commissioners for commercial
the Financial Services Authority (OJK). banks.
5. Transitional provisions
6. Sanctions
Accounting Policy Changes
Reasons for Changes in Accounting Policies
The changes of Accounting policy is required to meet the Indonesian Financial Accounting Standards applied to the current year.
Information on Changes in Accounting Policies and Their Impact on Financial Reports
On January 1, 2024, there are new standards and adjustments or amendments to several standards which are still valid and effective
as of that date, namely as follows.
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Table of Accounting Policy Changes
Accounting Policy Explanation of Consequences and Impact of Accounting Policy Changes
No
Changes Adjustments on Financial Statements
1. Amendment to PSAK 201, This amendment is adopted from IAS 1, Presentation The implementation of these standards did not
“Presentation of Financial of Financial Statements: Non-Current Liabilities result in substantial changes to the Group’s
Statements: Non-Current with Covenants. It stipulates that only covenants accounting policies and had no material impact
Liabilities with Covenants”. that must be complied with by an entity on or before on the consolidated financial statements for the
the reporting date will affect the classification of current or prior periods.
liabilities as current or non-current, as well as their
disclosure.
2. Amendment to PSAK 116, This amendment is adopted from IFRS 16, Leases: The implementation of these standards did not
“Leases: Lease Liability in a Lease Liability in a Sale and Leaseback. It regulates result in substantial changes to the Group’s
Sale and Leaseback”. the subsequent measurement of right-of-use accounting policies and had no material impact
assets and lease liabilities from sale and leaseback on the consolidated financial statements for the
transactions current or prior periods.
3. Amendment to PSAK 207, These amendments are adopted from IAS 7, The implementation of these standards did not
Statement of Cash Flows, Statement of Cash Flows, and IFRS 7, Financial result in substantial changes to the Group’s
and Amendment to PSAK Instruments: Disclosure - Supplier Finance accounting policies and had no material impact
107, Financial Instruments: Agreements. They clarify disclosure requirements on the consolidated financial statements for the
Disclosure on Supplier related to supplier financing arrangements. current or prior periods.
Financing Arrangements
4. 2024 Annual Adjustment to This adjustment aligns and maintains consistency in The implementation of these standards did not
PSAK 407, Accounting for the recognition of revenue and the presentation of result in substantial changes to the Group’s
Ijarah ijarah for indirect services. accounting policies and had no material impact
on the consolidated financial statements for the
current or prior periods.
Bank Soundness Level
The Bank Soundness Level (TKB) is an assessment of the 3. Earnings
Bank’s condition based on a risk-based bank rating and overall Evaluates profitability performance, sources supporting
performance. It serves as a tool for Bank Jatim to identify profitability, profitability sustainability, and profitability
issues early, develop and implement corrective actions, and management.
establish future business strategies. 4. Capital
Assesses capital adequacy and the effectiveness of capital
Bank Jatim conducts a self-assessment of its Bank Soundness management.
Level, evaluating both risk and performance under regulations
set by the Financial Services Authority (OJK), including: The final result of the Bank Soundness Level assessment is
1. OJK Regulation No. 4/POJK.03/2016 on Commercial Bank reflected in the Composite Rating (PK). The Composite Rating
Soundness Assessment, dated January 27, 2016. is determined based on a comprehensive and structured
2. OJK Circular Letter No. 14/SEOJK.03/2017 on Commercial analysis, considering the materiality and significance of each
Bank Soundness Assessment, dated March 17, 2017. assessment factor. The Bank Soundness Level Composite
Ratings are categorized as follo:
Bank Jatim has conducted a self-assessment of its Bank 1. Composite Rating 1 (CR-1) indicates that the Bank is in
Soundness Level, which is reported to the regulator (OJK) general extremely sound.
semi-annually in June and December. The assessment is based 2. Composite Rating 2 (PK-2) indicates that the Bank is in
on the following four factors: general sound.
1. Risk Profile 3. Composite Rating 3 (PK-3) indicates that the Bank is in
Evaluates inherent risks and the quality of risk management general adequately sound.
implementation across eight types of risks. 4. Composite Rating 4 (PK-4) indicates that the Bank is in
2. Good Corporate Governance general less sound.
Assesses the quality of Bank Jatim’s management in 5. Composite Rating 5 (PK-5) indicates that the Bank is in
implementing corporate governance principles. general unsound.
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The self-assessment results for Bank Jatim’s Soundness Level Composite Rating as of December 31, 2024, and December 31, 2023,
are as follows:
Table of Bank Soundness Level
Assessment Assessment
Assessment Factor
as of Dec 31, 2024 as of Dec 31, 2023
Risk Profile Rating 2 Rating 2
Good Corporate Governance Rating 3 Rating 3
Earnings Rating 2 Rating 2
Capital Rating 2 Rating 2
Composite Rating Rating 2 (Sound) Rating 2 (Sound)
The Bank Soundness Level assessment for Bank Jatim as To address these challenges, Bank Jatim has implemented
of December 31, 2024, resulted in a Composite Rating of 2 various strategies that emphasize adaptability and
(Sound), which indicates that responsiveness to change. The bank actively monitors and
1. The Bank is generally in a sound condition, demonstrating analyzes market conditions, which are then translated into
the ability to withstand significant negative impacts from interest rate adjustments to maintain competitiveness.
changes in business conditions and other external factors. Additionally, a strong focus on enhancing efficiency and
2. The ratings for key assessment factors, including Risk productivity remains a priority to drive long-term profitability.
Profile, Corporate Governance, Earnings, and Capital, Continuous innovation in products and services is also pursued
are generally good. Any weaknesses identified are not to ensure that Bank Jatim remains agile and responsive to the
significant and do not materially affect the Bank’s overall ever-evolving market landscape.
soundness.
Management’s Assessment of Factors
Significantly Affecting Business Continuity
Business Continuity Information
Bank Jatim regularly evaluates factors related to its future
Factors with Potential Significant Impact business continuity. This assessment is reflected in the
on Business Continuity composite score of the Bank Soundness Level (TKB),
which has remained in a healthy category, even during the
The political year presents a factor that could influence business pandemic. Based on the evaluation results, although certain
continuity, particularly due to the substantial circulation of performance components have not yet reached their optimal
funds. The impact of political dynamics may affect market levels, implementing accommodative strategic policies by
stability and investment decisions. Additionally, the projected management has enabled the Bank to mitigate risks that could
slowdown in global economic growth poses a risk of decreasing significantly impact its financial performance throughout
public purchasing power, which could affect the banking 2024.
sector’s performance. Climate change issues are also gaining
increased attention as they pose threats to public health, Bank Jatim’s management has conducted an assessment of
safety, economic stability, and overall societal well-being. the Bank’s ability to sustain its operations and is confident that
Another critical risk arises from technological digitalization, it has the necessary resources to ensure its continued business
which, while driving progress, also has disruptive potential that continuity. Furthermore, Bank Jatim’s management is not
could threaten global economic stability. aware of any material uncertainties that could raise significant
doubt regarding the Bank’s ability to continue its operations
Nevertheless, Bank Jatim possesses strong competitive and achieve further growth
advantages, reinforced by its commitment to continuous
transformation and innovation. The implementation of adaptive
strategic policies enables Bank Jatim to mitigate the negative
impacts of various challenges, including those arising from
the pandemic, ensuring sustained business performance. This
resilience is reflected in the company’s financial performance,
which continued to show positive growth throughout 2024.
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Assumptions Used by Management in the 3. Meeting the following specific conditions:
Assessment a. Shares must be owned by at least 300 parties;
- These 300 shareholders must each own less than
Several key assumptions are considered by Bank Jatim in 5% of the total shares, excluding:
assessing its business continuity, encompassing interrelated - Public companies repurchasing their shares; and/or
factors as follows: - Entities with special relationships as defined in the
1. Bank Soundness Level Income Tax Law with the public company.
The evaluation of risk profile, profitability or earnings b. Special relationships for publicly listed taxpayers include:
performance, capital adequacy, and the effective - Controlling shareholders; and/or
implementation of Good Corporate Governance (GCG) - Majority shareholders, as regulated under capital
principles. These factors are crucial in assessing the market laws and regulations.
sustainability and operational health of the Bank in c. Each shareholder must own less than 5% of the total
navigating various business challenges. issued and fully paid-up shares.;
2. Analysis of Global, National, and Regional Economic d. These conditions must be met for at least 183 calendar
Conditions days within one fiscal year
Mapping macroeconomic conditions at various levels, e. Compliance must be reported by the publicly listed
including economic growth projections, inflation trends, taxpayer to the Directorate General of Taxes.
political stability, and other external factors that
may influence Bank Jatim’s operations and financial In accordance with the above provisions, Bank Jatim is eligible
performance. This analysis helps the Bank anticipate for a tax rate that is 3% lower than the applicable rate of 22% in
potential negative impacts, both domestically and the 2023 fiscal year, resulting in a corporate income tax rate of
internationally. 19% used in the tax calculation.
3. Competitiveness Analysis
Assessing Bank Jatim’s position within the industry Bank Jatim’s approach to taxation is based on full compliance
using various analytical methods, such as the Strength, with all applicable tax regulations. The Bank has established
Weakness, Opportunities, and Challenges (SWOC) matrix, tax policies and strategies that are approved and reviewed by
Segmentation, Targeting, and Positioning (STP) analysis, the Director of Finance, Treasury, and Global Services as part
and evaluating the Bank’s market position concerning its of the Annual Corporate Income Tax Return (SPT Tahunan PPh
strengths and weaknesses compared to competitors. This Badan) reporting process. This tax strategy is reviewed annually
provides deeper insights into opportunities and challenges by the Director of Finance, Treasury, and Global Services.
faced by the Bank, enabling management to formulate
more effective strategies to achieve a stronger competitive To ensure effective tax governance and control, Bank Jatim has
position. implemented a structured and comprehensive tax management
process, including:
1. The executive body responsible for implementing tax
Governance Framework, Management, strategies is the Director of Finance, Treasury, and Global
and Control of Taxation Aspects Services.
2. The Bank embeds its tax approach within the organization
As a domestic corporate taxpayer, Bank Jatim is entitled to through the implementation of Standard Operating
receive government tax incentives in the form of tax reductions. Procedures (SOP) for Taxation, Tax-accommodating
This is under Minister of Finance Regulation No. 40 of 2023 application systems, and awareness initiatives through
concerning the Form and Procedures for Submitting Reports training and socialization programs.
and Lists of Taxpayers in Fulfillment of the Requirements for 3. Identification, management, and monitoring of tax risks
Income Tax Rate Reduction for Domestic Corporate Taxpayers are carried out through continuous monitoring and
in the Form of Public Companies. Under this regulation, reconciliation by the Tax Group and relevant work units.
domestic corporate taxpayers may receive a 3% tax rate
reduction if they meet the conditions outlined in Article 3, The primary stakeholder in taxation matters is the government
which include: through the tax authorities. In this regard, Bank Jatim
1. Being a publicly listed company; consistently maintains a strong and cooperative relationship
2. Having at least 40% of its total paid-up shares traded on with tax authorities by ensuring full compliance with all
the Indonesia Stock Exchange; and applicable tax regulations. As Bank Jatim operates exclusively
in Indonesia, all tax reporting is conducted solely within the
Indonesian jurisdiction.
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In its operational activities, Bank Jatim upholds Good Corporate Governance (GCG) principles with transparency and accountability,
particularly in managing its tax rights and obligations. The Bank ensures that all tax-related responsibilities are carried out under
prevailing regulationslaku.
Table of Tax Payment (in IDR millions)
Tax Description Year 2024 Year 2023 Year 2022 Year 2021
Income Tax Article 21 228,546 173,259 136,726 132,680
Income Tax Article 23 8,234 5,775 5,144 4,148
Corporate Income Tax Article 25/29 317,125 368,453 494,250 400,476
Income Tax Article 26 8,909 9,611 14,195 13,546
Final Income Tax Article 4 (2) 176,482 135,935 142,884 152,207
Value-Added Tax (VAT) 3,005 1,047 2,352 1,563
Stamp Duty Tax 4,725 5,793 7,082 7,794
Total 747,026 699,873 802,633 712,414
Response to Changes in Monetary
Policy Direction
Entering 2025, both the global and Indonesian economies include continuing the Nataru program as a stimulus for
remain shrouded in uncertainty and concerns over economic HBKN (National Religious Holidays) during Ramadan and Eid
and political movements. The election of Donald Trump as the al-Fitr, encompassing discounted airline tickets, the return
President of the United States (US), the US Federal Reserve’s of the National Online Shopping Day (Harbolnas 2025), the
(The Fed) policies, geopolitical tensions, and China’s economic “Belanja di Indonesia Aja” (BINA Diskon 2025) program,
slowdown are some of the factors causing worldwide anxiety the EPIC Sales 2025 program, toll road discount programs,
in 2025. Domestically, concerns remain regarding weakening and food price stabilization initiatives. Additionally, to
purchasing power, rising layoffs (PHK), declining commodity enhance competitiveness and support long-term economic
prices, and vulnerabilities in food and energy security due to transformation, the government is optimizing downstream
climate change. industrialization (hilirisasi) as a strategic measure to drive
economic growth. This industrial downstreaming effort has
Despite these challenges, Indonesia’s economy continues to significant potential, particularly in Special Economic Zones
demonstrate resilience and competitiveness, maintaining solid (KEK) such as Gresik, Kendal, and Galang Batang, which have
growth at 5.03% year-on-year (YoY) in Q4 2024, outperforming demonstrated tangible benefits in increasing economic value.
peer countries such as Singapore, Saudi Arabia, and Malaysia. In 2024, KEKs successfully attracted investments totaling
This economic stability has been further supported by IDR82.6 trillion and created 42,930 new jobs. Furthermore,
government efforts to keep inflation low and manageable, with the government has revised Government Regulation No. 5 to
December 2024 inflation recorded at 1.57% (YoY)—within the ease business operations and continued tax holiday and tax
target range of 2.5% ±1%. Additionally, Indonesia’s debt-to- allowance policies to maintain a favorable investment climate.
GDP ratio remained at a safe level of 38.9% as of September
2024, reflecting prudent fiscal policies that provide adequate Meanwhile, on a global scale, economic growth is projected to
space for public investment. Meanwhile, January 2025 inflation improve slightly compared to 2024, according to the World
stood at 0.76% (YoY), supported by a 50% electricity tariff Bank, while the IMF forecasts economic stagnation. The
discount policy and reduced airline ticket prices at the end of election of Donald Trump has raised concerns over heightened
the previous year. protectionist policies among several countries, potentially
triggering a trade war with China. Beyond its economic disputes
Indonesia’s economy is expected to maintain a growth rate with China, Trump is also committed to reducing the U.S. trade
of around 5.2% in 2025, supported by several government deficit with countries that have significantly contributed to it.
programs designed to achieve this target. These initiatives
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However, the trade war between the United States (US) and while supporting national economic growth, a forward-looking
China presents opportunities that Indonesia can leverage. One and preemptive interest rate policy is essential to achieve
of the most significant prospects is the potential to capture inflation targets. The Rupiah exchange rate in 2025 will be
the export market share previously dominated by China. This maintained at a stable level with strong commitment from Bank
can be achieved by identifying products that are similar to Indonesia (BI). Additionally, pro-market monetary operations
those exported by the US and Vietnam. Additionally, another will be implemented to enhance the effectiveness of Bank
opportunity lies in investment relocation. With the imposition of Indonesia’s policy transmission. Efforts will also be made to
tariffs on Chinese-origin products, some companies previously ensure adequate foreign exchange reserves through managing
based in China may seek new locations for their production capital flows under international standards. Furthermore, the
facilities. development of foreign exchange placement instruments for
Export Proceeds from Natural Resources (DHE SDA) will be
The US Federal Reserve (The Fed)’s monetary policy on interest optimized to make them more attractive to exporters.
rates also plays a crucial role in shaping global economic
movements, including Indonesia’s. In its January 2025
meeting, the Federal Reserve maintained interest rates within Maximum Limit For Providing Credit
the range of 4.25% %–-4.50%, marking the end of its rate- and Providing Large Funds
cutting cycle after implementing three consecutive rate cuts in
2024, totaling 100 basis points. Meanwhile, in 2025, the Fed is Bank Jatim as a financial intermediation institution has
expected to implement only one Fed Funds Rate cut, which is guidance in running its business, one of which is related to
projected to take place in the second half of the year. providing funds to related parties. Bank Jatim in providing
funds to related parties is subject to the Regulation of the
In 2025, liquidity is expected to be a major challenge for Financial Services Authority of the Republic of Indonesia
the banking industry. The rising cost of essential goods and Number 32/ POJK.03/2018 concerning the Maximum Limit
limited wage increases are driving customers to withdraw for Providing Credit (BMPK) and Provision of Large Funds for
their bank deposits, leading to a decline in third-party funds Commercial Banks. The Maximum Limit for Providing Credit,
(DPK) and a slowdown in loan disbursement. Additionally, hereinafter abbreviated to BMPK, is the maximum percentage
banks are currently competing to attract public funds against of funds provided against the Bank’s capital for providing funds
government debt instruments and bonds. This is due to the to related parties as well as against the core capital ( tier 1) of
maturing of Bank Indonesia Rupiah Securities (SRBI), which will the Bank for providing funds to other than related parties.
reach IDR922.4 trillion in 2025, exceeding the government’s
maturing debt of IDR800.3 trillion for the same period. This Provision of Funds to Related Parties
situation could lead to a crowding-out effect, where investors
prefer purchasing government-issued bonds. As a result, banks The portion of the Portfolio Providing Funds to Related Parties
will face higher funding costs to compete with government with the Bank as a whole, according to OJK regulations, is set at
bond yields. To mitigate these challenges, banks must remain a maximum of 10% (ten percent) of Bank Capital, where what is
focused on maintaining low-cost funds, optimizing existing meant by related parties is:
digital channels, and developing innovative financial products. 1. Individuals or companies who control the Bank;
2. Legal Entity in the case where the Bank acts as controller;
Currently, Bank Jatim is actively responding to the movements 3. The Company, in the case of an individual or company as
in Bank Indonesia’s benchmark interest rate by adjusting intended in letter a, acts as the controller;
deposit and lending rates selectively, as determined in 4. Members of the Board of Directors, members of the Board
ALCO meetings. These adjustments are made while ensuring of Commissioners, and Bank Executive Officers;
alignment with Bank Jatim’s 2025 performance targets. 5. Parties who have horizontal or vertical family relationships:
Additionally, the bank is reinforcing its strategy through a. From individuals who control the Bank as intended in
optimizing loan volume growth, maintaining a balanced fund letter a; And
composition and cost of funds (COF), increasing revenue from b. From members of the Board of Directors and/or
fee-based income transactions, and improving overall cost- members of the Board of Commissioners at the Bank
efficiency in overhead expenses. as referred to in letter d;
6. Members of the Board of Directors and/or members of
In line with Bank Indonesia’s policy mix direction for 2025, which the Board of Commissioners in the company referred to in
focuses on a monetary policy aimed at maintaining stability point 1, point 2, and/or point 3;
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7. Companies whose members of the Board of Directors and/ 2. Banks are prohibited from providing Funds to Related
or members of the Board of Commissioners are members Parties without the approval of the Bank’s Board of
of the Board of Commissioners of the Bank; Commissioners.
8. Companies where 50% (fifty percent) or more of the 3. Banks are prohibited from purchasing low quality assets
members of the board of directors and/or members from Related Parties.
of the board of commissioners are directors and/or 4. In the event that the quality of Fund Provisions to Related
commissioners of the company as referred to in point 1, Parties declines to become substandard, doubtful or Loss,
point 2 and point 3; the Bank is obliged to take remedial steps to improve it by:
9. Companies that: a. Credit repayment no later than 60 (sixty) days after the
a. Members of the Board of Directors, members of the decline in the quality of Fund Provisions; and/or
Board of Commissioners, and/or Bank Executive b. Carry out Credit restructuring since the quality of Fund
Officers as referred to in letter d act as controllers; And Provisions has decreased.
b. Members of the Board of Directors and/or members 5. In the event that the Bank provides Funds in the form of
of the Board of Commissioners from the parties as Capital Participation which results in the party in which the
referred to in point 1, point 2, and/or point 3 act as Bank makes the Capital Participation becoming a Related
controllers; Party, the Bank is obliged to ensure:
10. Collective Investment Contract where the Bank and/or a. The Fund Provision Plan is set at a maximum of 10%
parties as referred to in letters a to letter I own 10% (ten (ten percent) of Bank Capital;
percent) or more shares in the investment manager of the b. Provision of Funds that will be and have been provided
collective investment contract; to parties in which the Bank makes Capital Investments
11. Companies that have financial relationships with Banks after adding the entire portfolio of Provision of Funds
and/or parties as referred to in points 1 to 10; to related parties is set at a maximum of 10% (ten
12. The borrower is an individual or non-bank company that percent) of the Bank’s Capital; And
has a financial relationship through providing guarantees c. Fulfill the provisions as intended in points 1,2 and 3.
to parties as intended in points 1 to 11;
13. Borrowers who have financial relationships through Provision of Funds to Other Than Related
guarantees provided by parties as referred to in points 1 to Parties
11;
14. Other banks that have financial relationships through 1. Provision of Funds to 1 (one) Borrower other than a Related
providing guarantees to parties as intended in points 1 to Party or 1 (one) Group of Borrowers other than a Related
11 in the event that there is a counter guarantee from the Party.
Bank and/or parties as intended in points 1 to 11 to the 2. Banks are obliged to determine the classification of
other Bank; And Borrowers in a group of Borrowers in the event that
15. Other companies in which there is an interest in the the Borrower has a controlling relationship with other
form of share ownership of 10% (ten percent) or more, Borrowers through ownership, management and/or f
independently or jointly, of the parties as intended in point inancial relationships,
5. 3. Ownership, management and/or financial relationships as
referred to in paragraph (1) include the following criteria:
In accordance with the explanation regarding related parties a. The Borrower is the controller of other Borrowers;
above, the provision of credit to Directors and Commissioners is b. 1 (one) same party is the controller of several Borrowers;
also included in provision to Related Parties where the provision c. 50% (fifty percent) of members of the Board of Directors
of credit to Directors and Commissioners must obtain approval and/or members of the Board of Commissioners of the
from the Board of Commissioners. Funding to Related Parties Borrower become members of the Board of Directors
has been regulated by the Financial Services Authority (OJK) and/or members of the Board of Commissioners of
and Company regulations, namely the Bank Jatim Minimum other Borrowers;
Credit Limit Policy. The provisions and procedures for granting d. The Borrower has a financial relationship with another
credit to the Board of Directors and Board of Commissioners Borrower; and/or
apply the same as granting credit to prospective Bank Jatim e. The Borrower has a financial relationship in the form of
debtors in general and are given fairly and in accordance with issuing a guarantee to take over and/or pay off part or
market interest ( at arm’s length basis and at market rates ) all of the other Borrower’s obligations in the event that
while still paying attention to the principle of prudence. Apart the other Borrower fails to fulfill its obligations to the
from that, there are also provisions regarding other parties that Bank.
are regulated, namely: 4. Borrower group classification does not apply to:
1. Banks are prohibited from providing Funds to Related a. Fund Provision Facilities provided by the Bank to
Parties which are contrary to general Fund Provision debtors in general Bank business activities; And
procedures.
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b. Provision of guarantees by insurance companies, technique in calculating weighted assets according to standard
guarantee companies, the Government of the Republic approach credit risk. The application of the MRK Technique as
of Indonesia, and/or governments of other countries. referred to applies in the event that the Borrower and Guarantor
c. Providing credit to debtors through companies using or collateral issuer are other than Related Parties.
the forwarding method;
d. Providing Credit using a core-plasma partnership Certain LLL Treatment
pattern with a core company scheme guaranteeing
Credit to the plasma; Sometimes LLL calculations can be done, including:
e. Provincial Government and Regency/City Government 1. Provision of Funds to the Central Government;
as well as between each Regency/City Government. 2. Placement with Bank Indonesia; And
3. Purchase of Securities issued by the Government of the
The Fund Provisions that are taken into account in the LLL Republic of Indonesia and/or Bank Indonesia;
calculation and Large Fund Provisions are all Fund Provisions 4. Provision of funds that obtain guarantees from the
in the banking book and trading book positions. The carrying Government of the Republic of Indonesia;
value used to calculate Provision of Funds is the carrying value 5. Provision of export-oriented funds to financial institutions
of assets plus interest claims that have not been received, if any, that meet certain requirements;
before deducting the allowance for losses, decreasing the value 6. Provision of funds that obtain guarantees from financial
of assets according to accounting standards. The provision of institutions that meet certain requirements;
funds is the investment of Bank funds in the form of: 7. Part of the Provision of Funds which is guaranteed by
a. Placement; certain collateral and meets certain requirements;
b. Derivative transactions; 8. Part of Providing Funds to Borrowers who obtain guarantees
c. Securities; from Prime Bank as long as the guarantees provided meet
d. Securities sold with an agreement to repurchase (repo); the requirements;
b. Receivables for securities purchased with an agreement to 9. Provision of funds which have become a capital reduction
resell ( reverse repo); factor as intended in the Financial Services Authority
c. Acceptance bill; Regulation which regulates the obligation to fulfill minimum
d. Credit; capital.
e. Equity capital;
f. Temporary capital investment; Legal Lending Limit (LLL) Exceeding
g. Administrative account transactions ; and
h. Other forms of providing funds that can be equated with Provision of Funds by Banks is categorized as Exceeding LLL
letters a to j. caused by:
1. Decrease Capital or Core Capital ( tier 1) of the Bank;
Provision of Bank Funds to BUMN for development purposes is 2. Changes in exchange rates;
set at a maximum of 30% (thirty percent) of Bank Capital. 3. Changes in fair value;
4. Business mergers, changes in ownership structure and/or
Credit Risk Mitigation Techniques changes in management structure which cause changes in
Related Parties and/or Borrower groups; and/or
Bank Jatim is obliged to apply the MRK (Credit Risk Mitigation) 5. Changes to the provisions for Determining Borrowers in the
technique which meets certain requirements in calculating LLL Exceeding calculation are carried out in accordance
LLL in the event that Bank Jatim recognizes the existence of with the provisions for calculating the Provision of Funds
collateral, guarantees, guarantees or credit insurance as a MRK and are calculated based on the value recorded on the
report date.
Table of Total Provision of Funds to Related Parties and Large Debtors
Total 2024 Total 2023
No Provision of Funds
Number of Nominal Number of Nominal
Account (NoA) (in IDR million) Account (NoA) (in IDR million)
1 To Related Parties 168 94,501 198 189,479
2 To 50 Core Debtors
Individual 50 7,681,122 50 8,721,806
Group 0 0
Total Core Debtors 50 7,681,122 50 8,721,806
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Table of Total Provision of Bank Funds to Related Parties
2024 2023
Description
Nominal Nominal
(in IDR million) (in IDR million)
Capital at Report Date 11,600,811 11,451,665
LLL (10% of Capital) on Report Date 1,160,081 1,145,166
Outstanding Related Parties 94,501 189,479
LLL concessions 0 0
LLL exceedance 0 0
Transaction Spot and Derivative Transactions
Derivative receivables are classified as Financial assets in the group measured at fair value through profit or loss, while derivative
liabilities are classified as Financial liabilities in the group measured at fair value through profit or loss. Derivative instruments
(including foreign exchange transactions for funding and trading purposes) are presented based on their fair value which is
determined based on market prices using the Reuters exchange rate at the reporting date or the discounted cash flow method and
recorded in the consolidated statement of financial position. Derivative receivables are presented at the amount of unrealized profits
from derivative contracts, after deducting the allowance for value loss. Derivative liabilities are presented at the amount of unrealized
losses from derivative contracts.
Table of Spot Transaction and Derivative Transaction Report (in IDR million)
No Transaction Derivative Bills Derivative Liabilities
A. Related To Exchange Rates
1. Spot - -
2. Forward - -
3. Option - -
a. Sell - -
b. Buy - -
4. Future - -
5. Swap - 531,43
6. Others - -
B. Related To Interest Rate
1. Forward - -
2. Option - -
a. Sell - -
b. Buy - -
3. Future - -
4. Swap - -
5. Others - -
C. Others
Total - -
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Human
Capital
05
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Capital
Human Capital
Management Strategy
Bank Jatim has a Human Capital development strategy by 5. Conducting behavioral competency and technical
transforming Human Capital into superior, independent, competency assessments periodically every 2 (two) years
competitive and professional Human Capital. Building a on all officials from echelon 1 to echelon 4, to measure the
supporting process for Governance, Risk & Compliance suitability of the competency possessed by each official
(GRC), and strong capital, accompanied by quality resources with the competency requirements determined by the
with a good work culture and a reliable information system in company. Proposing to provide training if there is still a lack
managing competency-based Human Capital management, of competency levels possessed by officials from echelon 1
Bank Jatim carries out Human Capital development which to echelon 4.
includes: 6. Improving Assessor competency by participating in Assessor
1. Fulfillment of employees according to needs based on training at a certified Assessor training institution.
organizational structure that in line with the Bank’s business 7. Adjustment of job grading according to the results of Job
plan, through Employee Recruitment, both regular, ODP and Evaluation so that the compensation received is fair for
Pro Hire. employees according to the workload and responsibilities of
2. Career Development Program based on performance, the employees.
competence, experience and other criteria, to ensure that 8. Implementation of a fairer and more objective Employee
all employees get the same opportunity (fair opportunity) to Performance Management System for all work units.
develop their careers. 9. Implementation of strict Reward & Punishment for all
3. Preparation of career paths to place employees according to employees in accordance with applicable provisions and
their competence in available positions. laws.
4. Preparation of talent management policies to prepare
quality talents to become future leaders who will lead the
Bank to achieve better performance.
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10. Development of an integrated online application-based 18. Integration of the payroll system that will facilitate the
e-Human Capital program (web and mobile apps) that calculation of employee compensation and benefits
focuses on delivering fast, accurate, effective and controlled including the calculation of PPh21 tax in Quarter III.
information which adjusted to developments tp make the 19. Development and optimization of learning facilities and
Human Capital Division of Bank Jatim easier to monitor the infrastructure in order to support the improvement of quality
services provided to Bank Jatim employees. and competence, as well as equal access to education and
11. Implementation of work life balance as a means of channeling training for all employees.
employee talents outside of employee routines. 20. Improving competence, optimizing and evaluating the role
12. Implementation of employee engagement surveys as a tool of internal lecturers in encouraging the achievement of the
to measure the level of emotional attachment of employees Bank’s vision and mission through education and training
to the company which is filled in via the e-Human Capital activities.
mobile app. 21. The development of the Jatimers Internship Program (JIP)
13. Implementation of programs that can improve which was previously only for the frontliner sector (teller and
communication between the Human Capital Division and Service Assistant) was added for the administration sector
all employees and channel employee voices related to to be implemented in Quarter I.
personnel, so that input and complaints from employees 22. Creation of a dashboard monitoring for the fulfillment of JIP
were used as evaluation material for improving personnel manpower at the Branch Office so that the turnover of JIP
policies. participants can be monitored and avoid empty formations
14. Providing facilities to employees related to consultation which will be implemented in Quarter I.
with psychologists and/or psychiatrists to anticipate and 23. Creation of an organizational structure in the EHC application
maintain employee mental health, if needed. to facilitate vacant positions monitoring or shortages of
15. Fulfillment of HR needs through recruitment of new employees integrated into employee data in Quarter I.
employees as needed. 24. Creating an application to calculate variable compensation
16. Optimization of benefits that are the object of in-kind tax in Quarter II.
through third parties so that in-kind tax costs are more 25. Improving the utilizing Outsourcing policy through a
efficient which will be implemented in Quarter I. contracting system that will be implemented in Quarter I.
17. Improving the competitive employee remuneration system
and based on performance given according to the Bank’s Developing the Assessment Center method and tools that will be
capabilities is planned to be implemented in Quarter II. used in implementing the assessment in Quarter III.
Human Capital Management
Strategy Policy and Implementation
Recruitment
Recruitment and selection of prospective employees are series Type of the existing recruitments at Bank Jatim comprises of:
of activities to seek and find out potential candidate to occupy 1. Recruitment of Regular Employee.
the vacancy on the organizational structure in the present 2. Recruitment of Experienced Employee (Pro Hire/ Multilevel
and in the future. The philosophy adopted by Bank Jatim in Entry).
implementing the recruitment and selection is equality to the 3. Crash Program.
necessity fulfillment. As for the principles used in conducting 4. Officer Development Program (ODP).
the recruitment is preceded by the Human Capital planning 5. Recruitment of Disabled Employees.
process. This is stated in the formation determination with
employee planning that elaborates the numbers of employees The recruitment sources used by Bank Jatim are obtained
needed, including the level of capabilities and skills required to through internal and external sources. Internal sources are
fulfill the available vacancy as well as when and how the activity individuals who have worked at the Bank, either with the status
conducted. of permanent Bank employees or with the status of outsourced
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Capital
employee or interns. Meanwhile, external sources are those services agencies/ institutions in the human capital sector or
who do not or have not worked at the Bank and are obtained Head Hunters service and matched with previously determined
by recruiting employees with special achievements that will qualifications. After verification, applicants who satisfy the
support the Bank’s corporate image. qualifications are invited for selection.
Generally, the criteria in the selection process include: The selection process of prospective employees follows the
1. Undergraduate/Graduate criteria for structural position following standard consisting of several stages, as follows:
with specific expertise. Undergraduate (S1) is for 1. Clearance test.
administrative staff with career prospects and Senior High 2. Product knowledge Bank test.
School/ Vocational School is for non-administrative staff. 3. Psycho-test assessment and/or competency-based
2. Work experience supporting value added in the selection interview.
process. 4. User interview.
3. Health condition with following criteria, such as physically 5. Medical test
and mentally health and free of drugs.
4. Personality including personal characteristics, such as age, The mechanism of admission decision making is implemented
sex, and marital status depending on the available vacancy by using multiple hardless model approach or knockout
formation. system. Moreover, the admission can also be carried out with
5. Competency assessed through assessment process in other systems according to the needs and it is the authority of
accordance with the Bank’s competency dictionary. the chief of Human Capital Division by considering the status of
applicants’ individual loan collectability.
The recruitment process can be independently performed
by the Bank or in collaboration with consulting services After performing a series of selection and acceptance
agencies/ institutions in the human capital sector or Head processes, employment is executed with an employment
Hunters services, both online and offline or using employee contract as a probation period so that the status is a specific
provider media platforms. Accordingly, an open recruitment work agreement (TKIK). The employment contract contains the
is conducted to screen incoming applications and select rights and obligations of the Bank and the concerned employee
applicants who satisfy the required qualifications in order to and binding on each party until the employment contract ends
be included in the selection process. Applications included or a decision on a permanent employee appointment is issued.
in the verification process can be consulted with consulting
The authority of employment contract signatory is regulated as follows:
Entry Level Position Signatory Officials of Employment Contract
SEVP, ESELON 1 -2 Director subordinating function of Human Capital/Director of Employment Division.
ESELON 3 SEVP subordinating Human Capital
ESELON 4 DAN PELAKSANA Vice President of Human Capital Division
The term of the employment contract is adjusted to needs and 6 (six) months as a condition for appointment of prospective
can be extended as long as it does not violate with statutory. employees. Prospective employees will also perform a
Any employee who has signed an employment contract is performance evaluation for 6 (six) months before appointed as
required to participate in and pass all education and training permanent employees. The appointment mechanism for non-
programs prepared by the Bank. Also, any employee who does regular employees is separately regulated and adjusted to the
not satisfy the requirements of passing the education and occupied position.
training program, the employment contract will be terminated.
Mainly for the recruitment of experienced employees, they can Implementation of Recruitment
be assigned directly in work units as required, while education
and training programs are conducted in parallel between In 2024, Bank Jatim carried out recruitment of 74 (seventy
working hours. four) new employees with competencies in the fields of Account
Officer and Information Technology.
For the mechanism of regular employees appointment,
employees who have signed and had the TKIK status will be
subsequently evaluated for performance evaluation during
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Competency Development as training, workshops, and career development. Bank Jatim
also collaborates with leading HR training and development
Policy institutions to ensure that the competency development
programs offered are relevant and effective. Thus, Bank Jatim
Bank Jatim is committed to improving the capabilities and can ensure that its human resources have the abilities and
competencies of human resources (HR) through sustainable competencies needed to achieve organizational goals and
competency development. The competency development policy improve company performance. Bank Jatim is committed
at Bank Jatim is focused on improving technical, managerial, to providing competency development to all employees by
and leadership capabilities. The implementation of competency giving them equal opportunities regardless their position level,
development is carried out through various programs, such education, or gender.
Competency Development Implementation
In 2024, Bank Jatim implemented a competency development program that focused on business performance priorities and
employee needs. This program was implemented through in-house training in collaboration with external and internal parties, as well
as public training. During 2024, as many as 5.305 employees out of 5.327 employees participated in the training which was related
to their positions and needs.
Table of Competency Development for Executive Level (Equivalent Staff) in 2024
Competency Number of
No. Objectives
Areas participants
1 Accounting 59 The aim of training with competency in Accounting for executive level employees is to improve the
ability to understand, apply, and analyze accounting principles, especially in the field of taxation so
it can increase the accuracy, efficiency, and quality of financial reporting.
2 Internal Audit 24 The aim of training with competency in Internal Audit for executive level employees is to improve
the ability to carry out effective internal audits, understand the audit process, identify and manage
risks, so it can increase the quality of the company’s internal management and supervision.
3 Corporate Secretary 1 The aim of training with competency in Corporate Secretary for executive level employees is to
improve the professionalism of corporate secretaries, facilitate the exchange of information and
communication, and develop good corporate governance.
4 Funding 4.549 The aim of this competency improvement is to increase the knowledge and skills in Bank Jatim’s
products, so it can increase the independence and confidence in offering third party fund products.
5 Law 230 The aim of training with competency in law for executive level employees is to improve knowledge
and ability to understand and implement the legislation, contracts, and other laws which are
relevant to the company’s operations, so it can reduce legal risks and maintain company
compliance.
6 Human Capital 138 The aim of improving this competency is to increase employees’ soft skills so that they are
balanced with technical competencies.
7 Compliance 1.515 The aim of training with competency in compliance for executive level employees is to improve
awareness and ability to understand and implement regulations, policies, and applicable
compliances standard, so it can reduce the risk of non-compliance and maintain organizational
integrity.
8 Lending 5.282 The aim of training with credit competency for executive level employees is to improve the ability
to analyze, assess, and manage credit effectively and efficiently, so it can increase the credit
quality and reduce credit risk.
9 Risk Management 585 The aim of training with banking risk management for executive level employees is to improve
the ability to identify, analyze, and manage risks related to banking operations, so it can reduce
potential losses and increase security and stability of banking operations.
10 Marketing 2.446 The aim of training with competency in Bank Marketing for executive level employees is to improve
the ability to understand customer needs, develop marketing strategies, and increase ability to
promote bank products and services, to improve sales, and customer satisfaction.
11 Operations 1.661 The aim of training with competency in Bank Business Support for executive level employees is to
(Business) improve the ability to support bank business operations, understand business needs, and increase
the ability to provide effective solutions and support to improve bank business performance.
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Competency Number of
No. Objectives
Areas participants
12 Operations 82 The aim of training with competency in Bank Operational Support for executive level employees
(Supporting) is to improve the ability to support bank operations, understand processes and procedures, and
increase the efficiency and effectiveness of services to customers or fellow employees.
13 Credit Settlement 864 The aim of training with competency in credit settlement rescue for executive level employees is
Rescue to improve the ability in identify, analyze, and resolve problematic credit, so it can minimize losses
and increase the quality of credit portfolio
14 Planning 35 The aim of training with competency in Bank Planning for executive level employees is to improve
the ability to plan bank business strategies, develop operational plans, and increase the ability to
analyze and interpret data to support strategic decision making.
15 Information 137 The aim of training with competency in information technology for executive level employees is to
Technology improve the ability and knowledge to operate and manage information technology systems, so it
can increase efficiency, productivity, and quality of service.
16 Treasury 19 The aim of training with competency in Treasury for executive level employees is to improve ability
to manage and optimize the use of funds, managing financial risks, and increasing the efficiency of
cash and investment management.
17 General 37 The aim of training with competency in Bank Service Procurement for executive level employees
is to improve the ability to understand the service procurement process, manage contracts, and
increase the ability to select and evaluate service providers that suit the bank’s need.
18 Sharia Business 84 The aim of training with competency in Sharia Banking for executive level employees is to improve
the ability to understand sharia principles in banking, apply sharia in bank products and services,
and increase awareness and commitment in carrying out bank operations in accordance with
sharia principles.
Table of Competency Development for Echelon 4 Level (Level Supervisor) 2024
Competency Number of
No. Objectives
Areas participants
1 Accounting 19 The aim of training with competency in Accounting for Echelon 4 level employees is to improve
the ability to understand accounting principles, apply accounting standards, and improve the
ability to analyze and interpret financial reports to support strategic decision making and improve
organizational performance.
2 Internal Audit 20 The aim of training with competency in Internal Audit for Echelon 4 level employees is to improve
the ability to plan, implement and report audits effectively and efficiently, as well as to improve
the ability to identify and manage risks, monitor performance and provide recommendations for
correction to increase organizational performance.
3 Funding 964 The aim of training with competency in Funding for Echelon 4 level employees is to improve the
ability to manage and develop funding sources, understand funding strategies, and improve the
ability to analyze and manage liquidity risks and other financial risks to support the organization’s
financial performance.
4 Law 385 The aim of training with competency in Law for Echelon 4 level employees is to improve the ability
to understand and apply laws and regulations, manage legal risks, and increase the ability to
analyze and resolve legal problems related to organizational operations.
5 Human Capital 421 The aim of training with competency in Human Capital for Echelon 4 level employees is to improve
the ability to manage and develop human resources, to understand employee development
strategies, and increase the ability to analyze and improve employee performance to support the
achievement of organizational goals.
6 Compliance 134 The aim of training with competency in Compliance for Echelon 4 level employees is to improve
the ability to understand and apply regulations, policies, and compliance standards, identify and
manage compliance risks, and increase the ability to monitor and ensure organizational compliance
with applicable regulations and standards.
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Competency Number of
No. Objectives
Areas participants
7 Lending 1296 The aim of training with competency in Lending for Echelon 4 level employees is to improve
the ability to analyze and assess creditworthiness, manage credit risk, and improve the ability
to develop and manage an effective and efficient credit portfolio to support the organization’s
business performance.
8 Risk Management 1306 The aim of training with competency in Risk Management for Echelon 4 level employees is to
improve the ability to identify, analyze, and manage risks related to organizational operations, as
well as to increase the ability to develop and implement effective risk management strategies to
support the security and sustainability of the organization.
9 Marketing 27 The aim of training with competency in Marketing for Echelon 4 level employees is to improve the
ability to develop and implement effective marketing strategies, understand customer needs, and
increase the ability to develop and promote products or services that are in accordance with market
needs to increase sales and improve the organization’s competitive advantage.
10 Operation 473 The aim of training with competency in Bank Business Operations for Echelon 4 level employees
(Business) is to improve the ability to manage and develop bank business operations, understand business
processes, and increase the ability to analyze and increase the efficiency and effectiveness of bank
business operations to support the achievement of business goals and improve organizational
performance.
11 Operation 9 The aim of training with competency in Bank Supporting Operations for Echelon 4 level employees
(Supporting) is to improve the ability to manage and develop bank supporting operations, such as cash
management, operational risk management, etc., understand the bank supporting operational
process, and increase the ability to analyze and increase the efficiency and effectiveness of bank
supporting operations to support the achievement of business goals and improve organizational
performance.
12 Credit Rescue and 200 The aim of training with competency in Credit Rescue and Settlement for Echelon 4 level employees
Settlement is to improve the ability to identify, analyze, and manage problematic credit, as well as to increase
the ability to develop and implement effective credit rescue and settlement strategies to minimize
losses and improve the bank’s business performance.
13 Planning 4 The aim of training with competency in Planning for Echelon 4 level employees is to improve the
ability to develop and implement effective strategic and operational plans, understand the planning
process, and increase the ability to analyze and integrate data to support appropriate decision
making and improve organizational performance.
14 Information 29 The aim of training with competency in Information Technology for Echelon 4 level employees
Technology is to improve the ability to manage and develop effective and efficient information technology
systems, understand trends and developments in information technology, and increase the ability
to analyze and integrate information technology to support appropriate decision making, improve
organizational performance, and enhance data security.
15 Treasury 32 The aim of training with competency in Treasury for Echelon 4 level employees is to improve the
ability to manage and develop cash management strategies, understand financial instruments and
money markets, and increase the ability to analyze and manage liquidity risks and other financial
risks to support the security and sustainability of the organization, as well as to improve the
efficiency and effectiveness of cash management.
16 General 21 The aim of training with competency in General (procurement) for Echelon 4 level employees is to
improve the ability to manage and develop effective and efficient procurement processes for goods
and services, understand procurement regulations and policies, and increase the ability to analyze
and manage procurement risks to support bank operational activities and improve organizational
performance.
17 Sharia Business 113 The aim of training with competency in Sharia for Echelon 4 level employees is to improve the
ability to understand and apply Sharia principles in bank operations, understand Sharia banking
products and services, and increase the ability to analyze and develop business strategies in
accordance with Sharia principles to support the development of Sharia banking businesses and
improve organizational performance.
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Table of Echelon 3 Level Competency Development (Level Pimcapem) in 2024
Competency Number of
No. Objectives
Areas Participants
1 Accounting 3 The aim of training with competency in Accounting for Echelon 3 level employees is to improve
their ability to manage and develop an effective and efficient accounting system, understand
financial accounting standards, and improve their ability to analyze and interpret financial reports
to support strategic decision making and improve organizational performance, as well as preparing
them to take on roles as leaders and decision makers in the accounting field.
2 Internal Audit 12 The aim of training with competency in Auditing for Echelon 3 level employees is to improve the
ability to plan, carry out and report audits effectively and efficiently, understand audit standards
and applicable regulations, and improve the ability to analyze and interpret audit results to support
improvements in organizational performance and strategic decision making. Apart from that, this
training also aims to prepare them to take on roles as leaders and decision makers in the audit field.
3 Funding 156 The aim of training with competency in Funding for Echelon 3 level employees is to improve the
ability to manage and develop effective and efficient funding strategies, understand various sources
of funding and financial instruments, and improve the ability to analyze and manage funding risks to
support bank operational activities and improve organizational performance. Apart from that, this
training also aims to prepare them to take on roles as leaders and decision makers in the funding
sector.
4 Law 15 The aim of training with competency in Law for Echelon 3 level employees is to improve the ability to
understand and apply applicable laws and regulations in bank operations, understand banking legal
concepts, and improve the ability to analyze and manage legal risks to support bank operational
activities and improve organizational performance.
Apart from that, this training also aims to prepare them to take on roles as leaders and decision
makers in the legal field, as well as improving their abilities in dealing with and resolving legal cases
related to bank operations.
5 Human Capital 285 The aim of training with competencies in Human Capital for Echelon 3 level employees is to improve
the ability to manage and develop human resources (HR) effectively and efficiently, understand HR
management concepts, and improve the ability to analyze and develop HR management strategies
to support bank operational activities and improve organizational performance.
Apart from that, this training also aims to prepare them to take on roles as leaders and decision
makers in HR management, as well as improving their abilities in developing and implementing
effective and efficient HR development programs.
6 Compliance 40 The aim of training with competency in Compliance for Echelon 3 level employees is to improve
the ability to understand and apply statutory regulations, policies and compliance standards that
apply in bank operations, understand compliance concepts, and improve the ability to analyze
and manage compliance risks to support bank operational activities and improve organizational
performance.
Apart from that, this training also aims to prepare them to take on roles as leaders and decision
makers in compliance, as well as increasing their ability to develop and implement effective and
efficient compliance programs to minimize compliance risks and improve the bank’s reputation.
7 Lending 159 The aim of training with competency in Lending for Echelon 3 level employees is to improve
the ability to manage and develop an effective and efficient credit portfolio, understand lending
principles, and improve the ability to analyze and manage credit risk to support bank operational
activities and improve organizational performance.
Apart from that, this training also aims to prepare them to take on roles as leaders and decision
makers in the lending sector, as well as increasing their ability to develop and implement effective
and efficient lending strategies to improve the quality of credit portfolios and increase bank
revenues.
8 Risk Management 537 The aim of training with competency in Risk Management for Echelon 3 level employees is to
improve the ability to identify, analyze and manage risks related to bank operations, understand
the risk management framework, and improve the ability to develop and implement effective
and efficient risk management strategies to support bank operational activities and improve
organizational performance.
Apart from that, this training also aims to prepare them to take on roles as leaders and decision
makers in risk management, as well as increasing their ability to develop and implement an effective
and efficient risk management system to minimize risks and improve bank operational security.
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Competency Number of
No. Objectives
Areas Participants
9 Marketing 6 The aim of marketing competency training for Echelon 3 level employees is to improve the ability
to develop and implement effective and efficient marketing strategies, understand consumer
behavior, and improve the ability to analyze and develop products or services that suit market
needs to support bank operational activities and improve organizational performance.
Apart from that, this training also aims to prepare them to take on roles as leaders and decision
makers in the marketing field, as well as increasing their ability to develop and implement effective
and efficient marketing programs to increase brand awareness, increase revenue and increase the
bank’s market share.
10 Operations 216 The aim of training with competencies in Bank Business Operations for Echelon 3 level employees
(Business) is to improve the ability to manage and develop effective and efficient bank business operations,
understand bank business processes, and improve the ability to analyze and manage operational
risks to support bank operational activities and improve organizational performance.
Apart from that, this training also aims to prepare them to take on roles as leaders and decision
makers in the bank’s business operations, as well as increasing their ability to develop and
implement effective and efficient operational strategies to increase efficiency, reduce costs and
improve the quality of bank services.
11 Operation 80 The aim of training with competencies in Bank Support Operations for Echelon 3 level employees
(Supporting) is to improve the ability to manage and develop effective and efficient bank support operations,
understand bank support operational processes, and improve the ability to analyze and manage
bank support operational risks to support bank operational activities and improve organizational
performance.
Apart from that, this training also aims to prepare them to take on roles as leaders and decision
makers in bank support operations, as well as increasing their ability to develop and implement
effective and efficient bank support operational strategies to increase efficiency, reduce costs and
improve the quality of bank services.
12 Credit Settlement 11 The aim of training with competency in Credit Settlement Rescue for Echelon 3 level employees is
Rescue to improve the ability to identify, analyze and manage problem loans, as well as increase the ability
to develop and implement effective credit rescue and settlement strategies to minimize losses and
improve bank business performance.
Apart from that, this training also aims to prepare them to take on roles as leaders and decision
makers in credit rescue and settlement, as well as increasing their ability to develop and implement
effective and efficient credit rescue and settlement policies and procedures.
13 Planning 4 The aim of training with competency in Planning for Echelon 3 level employees is to improve the
ability to develop and implement effective and efficient strategic planning, understand planning
concepts, and improve the ability to analyze and manage data to support the planning process.
Apart from that, this training also aims to prepare them to take on roles as leaders and decision
makers in planning, as well as increasing their ability to develop and implement strategic plans that
are in line with the organization’s vision and mission, as well as increasing their ability to manage
change and face future challenges.
14 Information 12 The aim of training with competencies in Information Technology for Echelon 3 level employees is to
Technology improve the ability to manage and develop effective and efficient information technology systems,
understand information technology concepts, and improve the ability to analyze and manage data
to support the decision making process.
Apart from that, this training also aims to prepare them to take on roles as leaders and decision
makers in information technology, as well as increasing their abilities in developing and implementing
information technology strategies that are in line with the organization’s vision and mission, as well
as improving their abilities in managing change and facing challenges in information technology.
15 Treasury 4 The aim of training with competency in the Treasury field for Echelon 3 level employees is to
improve the ability to manage and develop effective and efficient treasury activities, understand
treasury concepts, and improve the ability to analyze and manage financial risks to support bank
operational activities and improve organizational performance.
Apart from that, this training also aims to prepare them to take on roles as leaders and decision
makers in the treasury sector, as well as improve their abilities in developing and implementing
treasury strategies that are in line with the organization’s vision and mission, as well as increasing
their abilities in managing liquidity, managing market risk, and optimizing bank income.
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Competency Number of
No. Objectives
Areas Participants
16 Sharia Business 4 The aim of training with competency in Sharia for Echelon 3 level employees is to improve the ability
to understand and apply sharia principles in sharia bank operations, understand sharia concepts,
and improve the ability to analyze and manage sharia bank products and services in accordance
with sharia principles.
Apart from that, this training also aims to prepare them to take on roles as leaders and decision
makers in the sharia sector, as well as increasing their abilities in developing and implementing
sharia strategies that are in line with the organization’s vision and mission, as well as improving
their abilities in managing and developing innovative and competitive sharia banking products and
services.
Table of Competency Development for Echelon 2 Level (Level Branch Leader) in 2024
Competency Number of
No. Objective
Area Participants
1 Accounting 1 The aim of the Accounting competency training for Echelon 2 level employees is to enhance the
ability to manage and develop an effective and efficient accounting system, understand accounting
concepts, and improve ability to analyze and interpret financial statements to support the decision-
making process.
In addition, this training also aims to prepare them to take on the role of leaders and decision makers
in the field of accounting, and improve their ability to develop and implement accounting policies
in line with applicable accounting standards, and improve their ability to manage and develop an
effective internal control system.
2 Audit Intern 5 The aim of the Audit Intern competency training for Echelon 2 level employees is to improve the
ability to carry out effective internal audits, understand the audit process, and identify and manage
risk to enhance the quality of management and internal control of the company.
3 Funding 9 The aim of Funding competency training for Echelon 2 level employees is to improve the ability
to manage and develop effective and efficient funding strategies, understand various sources of
funding and financial instruments, and improve the ability in analyzing and manage funding risks to
support bank operational activities and enhance organizational performance.
Moreover, this training also aims to prepare them to take on roles as leaders and decision makers
in the funding sector, and improve the ability to develop and implement funding strategic that in
line with organization’s vision and mission, and enhance the ability to manage and develop the
relationship with investors, analyst, and other parties related to bank funding.
4 Legal 3 The aim of Legal competency training for Echelon 2 employees is to improve the ability to
understand and implement applicable laws and regulations in bank operations, understand
banking legal concepts, and enhance the ability to analyze and manage legal risks to support bank
operational activities and improve organizational performance.
Apart from that, this training also aims to prepare to take on role as leaders and decision makers
in the legal field, and enhance the ability to develop and implement effective and efficient legal
policies and procedures to reduce the legal risks and improve compliance on applicable regulations
and standards.
5 Human Capital 152 The aim of Human Capital competency training for Echelon 2 level employees is to improve the
ability to manage and develop effective and efficient human resources (HR), understand HR
management concepts, and improve the ability to analyze and develop HR management strategies
to support bank operational activities and enhance organizational performance.
In addition, this training also aims to prepare them to take on the role of leaders and decision makers
in the field of HR management, and improve the ability to develop and implement effective and
efficient HR development programs to improve employee performance, motivation and retention.
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Competency Number of
No. Objective
Area Participants
6 Compliance 10 The aim of the Compliance competency training for Echelon 2 level employees is to improve
the ability to understand and implement applicable laws, regulations, policies, and compliance
standards in bank operation, understand compliance concepts, and improve the ability to analyze
and manage compliance risks to support bank operations and improve organizational performance.
In addition, this training also aims to prepare them to take on the role of leaders and decision
makers in compliance, and improve the ability to develop and implement effective and efficient
compliance policies and procedures to minimize compliance risks and improve compliance towards
applicable regulations and standards.
7 Lending 14 The aim of the Lending competency training for Echelon 2 level employees is to improve the ability
to manage and develop effective and efficient credit portfolio, understand lending concepts, and
improve ability to analyze and manage credit risks to support bank operational activities and
enhance organizational performance.
In addition, this training also aims to prepare them to take on the role of leaders and decision
makers in lending, and improve the ability to develop and implement lending strategic that in line
with the vision and mission of the organization, and enhance the ability to manage and develop the
relationship with customers and business partners.
8 Risk Management 228 The aim of the Risk Management competency training for Echelon 2 level employees is to improve
the ability to identify, analyze, and manage risks associated bank’s operations and develop and
implement effective and efficient risk management strategies. This training also aims to prepare
them to take on the role of leaders and decision makers in risk management, and improve the ability
to manage financial, operational, and reputational risks, and optimize the usage of technology and
information systems to support risk management.
9 Marketing 6 The aim of the Marketing competency training for Echelon 2 level employees is to improve the
ability to develop and implement effective and efficient marketing strategies to improve awareness,
intention, and loyalty of customers, and enhance the ability to analyze and manage marketing data
to support the bank’s operational activities and improve organizational performance.
10 Operation 96 The aim of the Bank Business Operations competency training for Echelon 2 level employees is
(Business) to improve the ability to manage and develop effective and efficient bank operational business
processes, understand bank business operational concepts, and improve the ability to analyze
and manage operational risks to support bank operational activities and improve organizational
performance.
11 Operation 1 The aim of the Bank Support Operations competency training for Echelon 2 level employees is to
(Supporting) improve the ability to manage and develop bank effective and efficient bank support operational
functions, understand bank support operational concepts, and improve the ability to analyze
and manage operational risks to support bank operational activities and improve organizational
performance, and improve the ability to manage and develop bank operational infrastructure, such
as data management, system management, and security management.
12 Credit Settlement 1 The aim of the Credit Settlement Rescue competency training for Echelon 2 level employees is
Rescue to identify, analyze, and manage non-performing loans, and develop and implement effective and
efficient credit rescue and settlement strategy to minimize losses and improve organizational
performance.
13 Planning 4 The aim of the Planning competency training for Echelon 2 level employees is to improve the ability
to develop and implement effective and efficient strategic planning, understand planning concepts,
and improve the ability to analyse and manage data to support the planning process and strategic
decision making.
14 Information 5 The aim of the Information Technology competency training for Echelon 2 level employees is to
Technology improve the ability to manage and develop effective and efficient information technology systems,
understand information technology concepts, and improve the ability to analyse and manage data
to support decision-making processes and improve organisational performance.
15 Treasury 6 The aim of the Treasury competency training for Echelon 2 level employees is to improve the ability
to manage and develop effective and efficient treasury activities, understand treasury concepts,
and improve the ability to analyse and manage financial risks to support bank operations and
improve organisational performance, as well as improve the ability to manage liquidity, manage
market risk, and optimise bank income.
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Competency Number of
No. Objective
Area Participants
16 General 3 The aim of the General (Procurement) competency training for Echelon 2 level employees is
to improve the ability to manage and develop effective and efficient procurement processes,
understand procurement concepts, and improve the ability to analyse and manage procurement
risks to support the organisation’s operational activities and improve performance.
17 Sharia Business 1 The aim of the Sharia Business competency training for Echelon 2 level employees is to improve the
ability to understand and apply sharia principles in bank operations, improve the ability to develop
innovative and competitive sharia products and services, and improve the ability to manage and
develop effective and efficient sharia business activities.
Table of Competency Development for Echelon 1 Level (Level Vice President) in 2024
Competency Number of
No. Objective
Area Participants
1 Accounting 2 The aim of the Accounting competency training for Echelon 1 level employees is to improve the
ability to manage and develop effective and efficient accounting systems, understand the concepts
of financial accounting and management accounting, and improve the ability to analyse and
interpret financial statements to support strategic decision making and improve organisational
performance.
2 Legal 2 The aim of the Legal competency training for Echelon 1 level employees is to improve the ability
to understand and apply laws and regulations related to the organisation’s operational activities,
improve the ability to identify and manage legal risks, and improve the ability to provide effective
and efficient legal advice and guidance to support the organisation’s operational activities and
improve performance.
3 Human Capital 54 The aim of the Human Capital competency training for Echelon 1 level employees is to improve
the ability to manage and develop human resources effectively and efficiently, understand the
concepts of talent management, career development, and performance management, and improve
the ability to develop human resource management strategies in line with the vision and mission of
the organisation to improve the performance and competitiveness of the organisation.
4 Compliance 4 The aim of the Compliance competency training for Echelon 1 level employees is to improve
the ability to understand and apply laws, regulations, policies, and standards related to the
organisation’s operational activities, improve the ability to identify and manage compliance risks,
and improve the ability to provide effective and efficient compliance advice and guidance to
support the organisation’s operational activities and improve performance.
5 Lending 2 The aim of the Lending competency training for Echelon 1 level employees is to improve the ability
to develop and implement effective and efficient lending strategies, understand lending concepts,
and improve the ability to analyse and manage credit risk to support the bank’s operational
activities and improve organisational performance, as well as improve the ability to make strategic
and goal-oriented lending decisions.
6 Risk Management 53 The aim of the Bank Risk Management competency training for Echelon 1 level employees is to
improve the ability to develop and implement effective and efficient risk management strategies,
understand risk management concepts, and improve the ability to analyse and manage financial,
operational and reputational risks to support the bank’s operational activities and improve
organisational performance, as well as improve the ability to make strategic decisions oriented
towards risk management.
7 Marketing 2 The aim of the Marketing competency training for Echelon 1 level employees is to improve the
ability to develop and implement effective and efficient marketing strategies, understand
marketing concepts, and improve the ability to analyse and manage marketing data to support
the organisation’s operational activities and improve performance, as well as improve the ability to
make marketing-oriented strategic decisions and increase market share.
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No. Objective
Area Participants
8 Operation 34 The aim of the Business Operations competency training for Echelon 1 level employees is to improve
(Business) the ability to develop and implement effective and efficient business operational strategies,
understand business operational concepts, and improve the ability to analyse and manage
business processes to support the organisation’s operational activities and improve performance,
and improve the ability to make strategic decisions oriented towards improving the efficiency and
effectiveness of business operations.
9 Planning 20 The aim of the Planning competency training for Echelon 1 level employees is to improve the ability
to develop and implement effective and efficient strategic plans, understand strategic planning
concepts, and improve the ability to analyse and manage data to support strategic decision
making and improve organisational performance. Other objectives are to improve the ability to
integrate strategic plans with operational plans and improve the ability to monitor and evaluate the
implementation of strategic plans.
10 Information 3 The aim of the Information Technology competency training for Echelon 1 level employees is to
Technology improve the ability to develop and implement effective and efficient information technology
strategies, understand information technology concepts, and improve the ability to analyse and
manage information systems to support the organisation’s operational activities and improve
performance, including developing integrated information systems, managing data security, and
developing innovative information technology.
11 Treasury 2 The aim of the Treasury competency training for Echelon 1 level employees is to improve the
ability to manage and develop effective and efficient cash management strategies, financial risk
management, and investment management, as well as improve the ability to analyse and manage
financial data to support the organisation’s operational activities and improve performance.
12 General 1 The aim of the General (Procurement) competency training for Echelon 1 level employees is to
improve the ability to manage and develop effective and efficient procurement processes,
understand procurement concepts, and improve the ability to analyse and manage procurement
risks to support the organisation’s operational activities and improve performance.
Table of Competency Development for SEVP Level 2024
Competency Number of
No. Objective
Area participants
1 Human Capital 9 The objective of training with Human Capital competency for Senior Executive Vice President
level employees is to improve the ability to develop and implement effective and efficient human
resource management strategies, understand advanced concepts of talent management, career
development, and performance management, and improve the ability to make strategic decisions
oriented towards developing and managing human resources to achieve organizational goals.
2 Risk Management 9 The objective of training with competency in the field of Risk Management for Senior Executive Vice
President level employees is to improve the ability to develop and implement effective and efficient
risk management strategies, understand advanced risk management concepts, and improve the
ability to identify, analyze, and manage complex risks to achieve organizational goals and increase
organizational resilience to risk.
3 Operational 1 The objective of training with competency in Bank Business Operations for Senior Executive Vice
(Business) President level employees is to improve the ability to develop and implement effective and efficient
bank business operations strategies, understand advanced bank business operations concepts,
and improve the ability to manage and develop complex bank business processes to achieve
organizational goals and improve bank performance.
4 Planning 3 The objective of training with competency in Bank Planning for Senior Executive Vice President
level employees is to improve the ability to develop and implement effective and efficient bank
strategic plans, understand advanced bank strategic planning concepts, and improve the ability to
analyze and manage data to support strategic decision making and improve bank performance, as
well as prepare the bank to face changes and challenges in the future.
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05 Human
Capital
Competency Number of
No. Objective
Area participants
5 Sharia Business 1 The purpose of training with Sharia Banking competencies for Senior Executive Vice President
level employees is to improve understanding and ability in developing and implementing sharia
banking principles and products in accordance with applicable provisions and regulations, as well
as improving the ability to manage and develop effective and efficient sharia banking businesses to
achieve organizational goals and improve sharia bank performance.
Table of Competency Development for Directors/Commissioners Level in 2024
Competency Number of
No. Objective
Area participants
1 Human Capital 9 The objective of training with Human Capital competency for Director/Commissioner level
employees is to improve the ability to develop and implement effective and efficient human
resource management strategies, understand advanced concepts of talent management, career
development, and performance management, and improve the ability to make strategic decisions
oriented towards the development and management of human resources to achieve organizational
goals and improve company performance.
2 Risk Management 11 The objective of training with competency in Banking Risk Management for Director/Commissioner
level employees is to improve the ability to identify, analyze, and manage complex risks in banking,
understand advanced banking risk management concepts, and improve the ability to make strategic
decisions oriented towards risk management to achieve organizational goals, improve company
performance, and ensure compliance with regulations and industry standards.
3 Planning 7 The objective of training with competency in Banking Planning for Director/Commissioner level
employees is to improve the ability to develop and implement effective and efficient banking
strategic plans, understand advanced banking strategic planning concepts, and improve the
ability to analyze and manage data to support strategic decision making and improve company
performance, as well as prepare banks to face changes and challenges in the future.
4 Treasury 1 The objective of training with competency in Banking Treasury for Director/Commissioner level
employees is to improve the ability to develop and implement effective and efficient financial
management strategies, understand the concepts of cash management, financial risk management,
and sophisticated investment management, and improve the ability to make strategic decisions
oriented towards financial management to achieve organizational goals, improve company
performance, and ensure compliance with regulations and industry standards.
5 Sharia Business 1 The objective of training with competency in Sharia Banking for Director/Commissioner level
employees is to improve understanding and ability in developing and implementing sharia banking
principles and products in accordance with sharia provisions and regulations, as well as improving
the ability to make strategic decisions oriented towards sharia principles to achieve organizational
goals, improve company performance, and ensure compliance with sharia standards and regulations.
Evaluation of Competency Development activity, 471 people participated in public training and 5,182
Implementation people participated in in-house training.
In 2024, Bank Jatim provided education to 5,305 employees Competency Development Costs
out of a total of 5,327 or implemented training to develop
competencies for 99.00% of employees. This was achieved The achievement of education and training costs was realized
with the help of e-Learning technology and content that is at 11.00%, below the target. However, when viewed from the
easily accessible flexibly both from place and time. In terms realization of the 2023 education and training budget, there
of composition, 27.01% of the educational programs that was a significant increase, namely an increase of 39.95% from
have been held were supporting business competencies and IDR 38.865 billion in 2023 to IDR 54.401 billion in 2024. This
72.99% were additional competencies of supporting business. increase is also reflected in the absorption of the budget which
Competency development activities recorded 2,099 employees reached 89.00% in 2024. This is partly driven by the increasing
who participated in certification programs and 5,106 people implementation of education and training activities held online
participated in non-certification competency improvement and offline in supporting the Bank’s business activities.
programs. Based on the type of competency development
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Career Development 1. General administrative requirements.
2. Get a positive recommendation from the Business Unit
Bank Jatim realizes that Human Resources (HR) is one Leader and take the assessment and get a positive
of the bank’s ‘assets’ that plays a role in the progress and recommendation from the assessor.
development of Bank Jatim itself. In the increasingly tight 3. For the promotion of officials to echelon 1 and 2, it is
business competition between banks, professional HR is mandatory to obtain a positive recommendation from the
needed. To obtain professional HR, a systematic, consistent Personnel Management Committee.
and quality education, training and development program for
employee competencies is needed. Bank Jatim develops an Career programs are opened according to projected needs
education, training, development and maturation program for a vacant position with the determination of formations
for prospective leaders who have an impact on positions that have been issued by the responsible unit regarding the
(civil effect) where participants must have high motivation, Organizational Structure and Network.
dedication and integrity, be creative and innovative and have
in-depth knowledge and understanding of their field of duty to
achieve a position as senior management. Performance Assessment
The career development program at Bank Jatim is divided As an effort to ensure employee performance achievement
into 4 programs that follow the existing echelon levels, these that can support the achievement of company targets, Bank
programs are: Jatim has implemented a performance management system
a. Jatimers Leadership Development Program 1 (JLDP 1) – is in the form of the Balance Scorecard method. This application
a tiered career path development program to fill echelon 1 is created to facilitate the process of monitoring and reporting
positions for potential echelon 2 employee. employee Key Performance Indicator (KPI) achievements.
b. Jatimers Leadership Development Program 2 (JLDP 2) – is The goal is to evaluate employee performance at Bank Jatim.
a multi-level career development program to fill echelon 2 The KPI Scorecard application is used as supporting data for
positions for potential echelon 3 employee. performance assessments which are one of the important
c. Jatimers Leadership Development Program 3 (JLDP 3) – is factors in determining the calculation of production services. In
a multi-level career development program to fill echelon 3 addition to calculating production services, KPI is also used for
positions for potential echelon 4 employee. employee career ladder programs.
d. Jatimers Leadership Development Program 4 (JLDP 4) – is
a multi-level career development program to fill echelon 4 There are 4 (four) perspectives in the KPI Scorecard, namely:
positions for potential implementing employee. 1. Financial
2. Internal Bussines Proces
The requirements that must be met to participate in the Career 3. Customer
Management Program are: 4. Learning and Growth
The performance system assessment is based on 2 (two) components, namely the main performance targets (KPI) and Soft
Competencies with a percentage value weight for each component of 100%. From the percentage value weight, the final results of
the performance assessment are obtained with the following assessment categories:
SCORING CATEGORY SCORE
Outstanding 4,26 – 5,00
Exceed Expectation 3,51 – 4,25
Meet expectation 3,00 – 3,50
Below Expectation 1,50 – 2,99
Poor 0,00 - 1,49
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05 Human
Capital
Remuneration
The Competency-Based Remuneration System used by Bank must consider a balance between the rewards given and the
Jatim is the Grading System, where remuneration will be output, namely the performance produced by employees.
divided according to the grade of each position. The grading of Competency-based remuneration must consider 3 (three)
each position is carried out according to the demands of the factors, namely individuals, positions and performance. The
workload and responsibilities of each position. Determination of grading system adopted by Bank Jatim has adopted 2 (two)
the grading level of each position is carried out by job evaluation factors, namely individual competencies known as personal
based on the job profile consisting of job requirements and job grades and positions known as job grades. The grading and
descriptions. The grading of each position is also followed by remuneration system is expected to be able to improve
the determination of its remuneration. employee performance so that the Bank’s performance can
ultimately be achieved. The grading system currently in effect
The Human Capital Division collaborates with external at Bank Jatim consists of:
parties in determining the grade of each position, namely a. Echelon Level
GML Performance Consulting, to be more independent in b. Personal Grade
conducting assessments. Competency-based remuneration c. Job Grade
The following is the grading system structure at Bank Jatim:
Personal Job
Corporate Title Echelon Position
Grade Grade
Senior Executive Vice President 18 SEVP G2
(SEVP)
G1
Vice President (VP) Echelon 1 17 • Vice President F3
• Main Branch Leader
16 F2
15 F1
14
Assistance Vice President (AVP) Echelon 2 14 • Class 1, 2, 3 Covennat Branch Leader E3
• Main Branch Leader
13 • Sharia Leader E2
• Unit Leader
12 • Assistance Vice President E1
Manager (MGR) Echelon 3 11 • Operations Leader D3
• Business Leader
• Credit Leader
10 • Sub Branch Manager D2
• Senior Auditor
• Senior Officer
9 D1
Assistant Manager (AMGR) Echelon 4 8 • Supervisor C3
• Functional Office Leader
7 • Auditor C2
• Officer
6 C1
Personal Job
Corporate Title Echelon Position
Grade Grade
Assistant (ASST) Executor 5 • Staff B3
• Junior Officer
4 • Junior Auditor B2
• Funding Officer
3 • Account Officer B1
• Non Career Employee
2
Basic Employees Basic Employees 1 • Security Guard A2
• Driver
• Office Boy A1
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As the basis for the preparation of governance guidelines for 4. Financial Services Authority Circular Letter Number 40/
providing good remuneration for Management, the Bank put SEOJK.03/2016 dated September 26, 2016 concerning
forward the principles of Good Corporate Governance and Implementation of Governance in Providing Remuneration
referred to the prevailing laws and regulations, including: for Commercial Banks.
1. Law Number 40 of 2007 dated August 16, 2007 concerning
Limited Liability Companies; Basically, remuneration was divided into 2 (two) fixed
2. Financial Services Authority Regulation Number 17/ remunerations and variable remunerations. As an
POJK.04/2022 dated September 14, 2023 concerning implementation of the Financial Services Authority Regulation,
Implementation of Governance in Providing Remuneration Bank Jatim determined the parties to be Material Risk Takers,
for Commercial Banks; consisting of:
3. Financial Services Authority Regulation Number 45/ • President Director
POJK.03/2015 dated December 23, 2015 concerning o Field Director under the President Director
Implementation of Governance in Providing Remuneration o Board of Commissioners
for Commercial Banks;
The percentage of remuneration that is variable for Bank Management that is not a Material Risk Taker is as follows:
96%
(Cash)
100%
100%
*BONUS (given)
4%
(Share)
Pension Program
Bank Jatim enrolls all employees into pension programs, both those that are mandatory by law and those that are managed by the
Employee Pension Fund. In. Pension programs provided by Bank Jatim include:
1. Pension Security from the Social Security Organizing Body 2. Defined Benefit Pension Program (PPMP)
(BP) This pension program is managed by the East Java Regional
Because it is mandatory, all employees must be registered in Development Bank Employee Pension Fund. Program
all BP Jamsostek programs starting from Old Age Security participants are all employees who have been appointed
(JHT), Death Security (JKM), Work Accident Benefits (JKK) as permanent employees before August 25, 2012. The
and Pension Security (JP). The amount of the Pension employer’s contribution is 21.70%, while the employee
Security (JP) program contribution is calculated at 3%, contribution is 5% of Basic Pension Income (PhDP).
consisting of 2% of company expenses and 1% of employee 3. Defined Contribution Pension Program (PPIP)
expenses from basic salary/personal grade. This pension program is managed by the BRI Financial
Institution Pension Fund (DPLK). All permanent employees
are included in this pension program, where all Contribution
will be borne by the employer amounting to 10% of the
employee’s basic salary/personal grade.
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05 Human
Capital
Employee Engagement
Survey
In terms of refining the implementation of strategies and policies as a means of employees in addressing their aspiration, the
company conducted a survey of employee engagement measurement. The survey of employee engagement was beneficial for either
employees or the company. The given benefits are as follows:
Benefits of Employee Engagement for employees Benefits of Employee Engagement for the Company
1. As a forum for employee aspirations for the company. 1. Companies better understand the need for employee
Employees can provide criticism to the company by filling competency improvement so that the level of engagement
Employee Engagement. Then, this information will become between employees and the company increases.
input for the company in making policies. 2. The company will have employees with positive attitudes
2. Creating new enthusiasm for employees to go to the office. and behaviors. With a positive attitude, of course, it will lead
Employees will always think positively in doing their job to better company growth than the previous year.
and provide ideas for the development of the team and the 3. The company will have employees with positive attitudes
company. and behaviors. With a positive attitude, of course, it will lead
3. Creating strong relationships with each employee. This to better company growth than the previous year.
relationship will also make employees focus on the desired 4. Employee Engagement created more commitment from
achievement, build solid teamwork, and do not forget to employees to the company. The number of absences due
express gratitude and appreciation for the achievements to sick employees was reduced, reducing the number of
between divisions. accidents in the work process, and increasing productivity
4. Eliminating saturated and thoughts from every problem throughout the year.
faced by employees in their lives. This approach can make
employees enthusiastic again as performing work at the The number of respondents who participated was 4,495
company. employees, and the percentage of engaged employees was
76.75%.
Human Capital
Information System
Along with the times, the development of information In order to ease the Human Capital Division to obtain fast,
technology can make it easier for humans to do activities, precise, effective and controlled information that is adjusted
view news and search for various information circulating in to developments and to simplify employees to achieve
cyberspace. Technological developments make it easier for information, application for compensation and benefits, and
all human activities in the future. The Human Capital Division accommodate employee aspirations through the suggestion
has launched a Digital product, namely the Human Capital box, the Human Capital Division launches a Human Capital
Portal. The Human Capital Portal is a website-based digital program online-based application (web and mobile apps),
information media that is useful for ensuring communication referred to as E-Human Capital/e-HC. This application is a form
and providing services to employees, including accommodating of digitalization in supporting the Green Banking program and
information, news, training agendas, activity information, polls, reducing paper use
and gateways to other applications.
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Human Capital Information System Enabling Human Capital
management in the Knowledge Era
Employee Self Services Feature Application Measurement System
E-Pribadiku Performance Measurement
Integrated Payroll
• Personal Data Automation
and Income Tax System
• Family Data (Performance Measurement)
• Rank and Position History Data
• Training Data
• Certification Data
• Assessment Data
• Remuneration Data (Salary, Absensi Online Service Culture Measurement
Allowances, Deductions and
Automation
others)
(Service Level Measurement)
• Leave, Permit, Sick Data
(Under Development)
E-Health
SPD (Business Travel) Online
• Inpatient/Delivery
• Outpatient
• Eyeglass Replacement
• Medical Overtime
E-Care
• Announcement • Outpatient
• Discussion • Inpatient & Delivery
• Consultation • Glasses Work Load Analysis Automation
• Ballot Box • Medical Checkup (Under Development)
• Employee Engagement • Sick Leave
E-Dukasi Car Allowance Program
• Catalog Training
• E-Pelatihan News:
• E-Assignment • Division Notes/Letters
• National Holidays E-Learning (Assesment Product)
• E-Quiz
• Activity News Knowledge Management
• E-Quesioner
• Obituaries
• Training Information
• Cooperation Agreement with
Health Services
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05 Human
Capital
Culture
Internalization
The culture of an organization/company (Corporate Culture) is superior resources, infrastructure that is in accordance with
the values that grow and develop in an organization, become the current developments, and appropriate system and operation
basis for thinking, behaving and acting from all components of policies so that the company’s business runs faster. In carrying
the organization, and are passed down from one generation to out the process of cultural internalization and transformation,
the next. Corporate culture can be used as an effective impetus it cannot be done by one party alone, but must be done
in achieving the company’s vision. In the implementation of together and massively. Currently, Bank Jatim has a Culture
corporate culture, cooperation is needed involving all people in Team consisting of Culture Leaders (Division Leaders, Branch
the company and through various media with the right concept Managers, Assistant Branch Managers), Culture Boosters
in strengthening the existing work culture so that every person (Echelon 4 Officials) and Culture Agents (Staff, prospective
in the company can act and carry out operational activities in employee, TKIK) which are located in all work units, both at
accordance with the Corporate Culture they have. Bank Jatim the Head Office (Division) and at the Branches. The Culture
through Value of Expression continues to strive to develop and Team has a role and authority contained in the Organizational
strengthen all employees both in the business and support Structure of the Culture Team which in its implementation has
lines, so that each individual’s behavior is able to reflect the been regulated in the Standard Operating Procedure (SOP)
values of the company’s culture. In today’s digital era, the for Corporate Culture. The existence of the Culture Team
delivery of corporate culture messages needs to be conveyed as an influencer that aims to help the company in conveying
to all employees, namely through existing media platforms messages, directions from management to all employees,
so that the implementation of this corporate culture can be a becoming an accelerator in implementing corporate culture and
booster for all employees. transformation. The Culture Team also has a role in conveying
the latest information/provisions/rules in Bank Jatim so that
In carrying out this cultural internalization program, it is in all employees get up-to-date insights.
line with the transformation carried out by Bank Jatim at this
time to jointly achieve the vision and mission of becoming a Bank Jatim in strengthening culture and transformation
strong and highly competitive BPD No.1, as well as an effort has a Corporate Culture Event program that aims to support
to achieve the financial performance targets that have been implementation, internalization and transformation in the
set. This transformation is through the improvement of the 5 scope of employees so that a sense of belonging to the
(five) main pillars of the transformation program supported by company is created. The strengthening that can support each
program carried out by Corporate Culture includes:
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a. Culture Campaign is an organized program performed by employees and management. This Greeting and Sharing
all Culture Teams (Culture Leader, Culture Booster, Culture program will present speaker or motivator to provide a
Agent) to address EXPRESI values, such as Excellence, booster to the culture teams so that they are expected to
Professional, Integrity, Synergy, Innovation to employees. continuously have the same spirit as influencer in delivering
This program is an internalization measure of Bank Jatim’s the transformation and internalization of company culture.
culture and transformation program. In implementing this The implementation of this program will be carried out on a
campaign, different materials are available monthly. quarterly basis.
b. In-House Training for all culture teams in Branch Offices d. The annual activity for Bank Jatim’s Culture Teams is
and Head Offices aims to improve the abilities/soft skills the EXPRESI Festival (EXPRESTIVAL). This activity is an
of employees at Bank Jatim and increase engagement appreciation of the Culture Teams for their dedication as
with the company. This is in line with the Human Capital an influencer, who continuously deliver the transformation
transformation to improve the quality of employees. The and internalization of company culture in the work unit.
material in the in-house training focuses on improving the The implementation of this program will be performed in
ability of becoming the best leader in the future and cannot Quarter IV.
be separated from EXPRESI values as company culture. e. Coaching and Mentoring Program for the Culture Team as
The implementation of this program will be conducted on a well as monitoring and evaluation of the implementation
quarterly basis. of the Corporate Culture work program in all work units
c. Providing communication space between employees and (Head Office and Branches) aim to ensure that culture
Top Management through the Greeting and Sharing with implementation and transformation can be achieved in
Board of Directors (BOD) program. This space is a medium accordance with management directions. Meanwhile, in
for delivering the company’s work program (culture and implementing this program, socialization is also performed
transformation) to employees and an opportunity for regarding the provisions/rules and company culture work
employees to address ideas/suggestions for company programs to the culture team. The implementation of this
development so it reduces barriers or gaps between program will be executed out every quarter.
Disclosure of Information
to Employees
As Bank Jatim’s commitment to corporate governance standards, Bank Jatim always ensures open access to information for
employees. Bank Jatim socializes personnel/Human Capital policies through zoom media, socialization to Branch Offices, and
also when conducting employee training. Bank Jatim through an internal portal provides access for employees to understand the
contents of policies related to personnel. In addition, Bank Jatim provides a Voice Box feature on the E-Human Capital application as
a forum for conveying opinions, aspirations, or questions from employees.
Human Capital
Management Structure
A reliable, loyal and competent Human Resources is the main capital of Bank Jatim to achieve the vision, mission and business
success. Bank Jatim always prioritizes development HR both individuals and teams and the development of Corporate Culture as a
business strategy in order to maintain the best performance in the banking services business.
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05 Human
Capital
Human Capital at Bank Jatim is under the President Director and lead by Human Capital Division Head. This division consists of
the Human Capital Services Sub Division and the Human Capital Development Sub Division which have roles in service operations,
policy formulation and Human Capital development so that it is expected to developt employees who are competent and have high
corporate cultural values.
Human Capital
Work Plan 2025
The Human Capital Division Business Plan for 2025 is as 11. Perfection of the policy for the use of Outsourcing
follows: employees through a contracting system that will be
1. Fulfillment of employees according to needs based on implemented in Quarter I.
organizational structure and in line with the Bank’s business 12. Digitalization of user estim administration both for
plan, through employees Recruitment, both regular, ODP submission, deactivation and handover of users for
and Pro Hire and internship programs. employees who are transferred or retired.
2. Career Development Program based on performance, 13. Self Service Employee Leave Allowance, aims to provide
competence, experience and other criteria, to ensure that leave money to employees who will undergo block leave
all employees get the same opportunity (fair opportunity) of at least 3 working days, employees can apply for
to develop their careers. leave money if they have entered block leave in the e-hc
3. Conducting periodic competency assessments every 2 application.
(two) years for all officials from echelon 1 to echelon 4, to 14. Jatimers Communities Dashboard which aims to find out
measure the suitability of the competencies possessed by the budget position, budget realization and remaining, the
each official with the competency requirements determined existence of Jatimers Communities (number of members,
by the company. chairpersons, work programs in one year), nominative tax
4. Improving employee competency by considering the reports in kind, a homepage that displays the activities
results of the assessment through training if there is still of each Jatimers which currently all of the above are still
a lack of competency levels possessed by echelon 1 to carried out manually.
echelon 4 officials. 15. Employee Discipline Monitoring Dashboard which aims to
5. Improving the Education and training system for all monitor the level of employee discipline in real time.
administrators and employees in order to achieve the 16. Implementation of a fairer and more objective Employee
Bank’s performance. Performance Management System for all work units.
6. Development and optimization of learning facilities and 17. Implementation of strict Rewards & Punishments for all
infrastructure in order to support improving quality and employees in accordance with applicable provisions and
competence, as well as equal access to education and laws in order to provide a deterrent effect for perpetrators
training for all employees. and all employees.
7. Competency improvement, optimization and evaluation 18. Distributing employee engagement surveys to measure
of the role of internal lecturers in encouraging the employee engagement to the company by considering
achievement of the Bank’s vision and mission through various satisfaction factors that employees get from the
education and training activities. company and the dedication that employees give to the
8. Perfecting the competitive and performance-based company. The survey was conducted using the e-Human
Employee remuneration system given according to the Capital mobile app which was distributed to all employees.
Bank’s capabilities is planned to be implemented in Quarter 19. Improve employee understanding of the use of voice boxes
IV. on the e-Human Capital mobile app so that employees can
9. Centralization of monthly fixed compensation payments. be actively connected in expressing their opinions, media
10. Perfection of the e-recruitment application for the sharing, and discussions between employees and the
implementation of JIP recruitment to be more effective Human Capital Division.
and efficient is planned to be realized in Quarter I.
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Information
Technology
06
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06 Information
Technology
Information Technology
Strategy Plan
Master plan and Information Technology Strategic Planning is conducted with the following consideration:
1. Strategic business planning and ecosystem develkpment
Currently, Bank Jatim owns an extensive ecosystem, and it is divided into three tiers. By identifying its ecosystem into three tiers,
the Bank can be more focus in arranging the development strategy based on each tier’ needs.
Tier 1
Tier 2
Tier 3
NON-EXHAUSTIVE
Tier 1
Province Government, City / District
Government and Regional-Owned
Enterprises (BUMD) KOTAMADYA
SURABAYA
Tier 2 State Civil Enterpreneur/
Aparatus SMEs
All users on the East Java Province
Government infrastructure, including
City / District government and
Regional-Owned Enterprises, and the
users of facilities and infrastructure in Students Employees
East Java
Tier 3 DUDI
(World Business Public
Others Industry)
Area for Bank Jatim to provide the main focus by considering that the
Bank has a competitive edge in this area.
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Smart Governance One example of Bank Jatim’s Information Potential Impact of Development on Specific Segments.
Technology development supporting the government is the Individual Segment:
Smart City Program of the East Java Provincial Government 1. Entrepreneurs and Small Medium Enterprises;
in 9 cities and 29 regencies to achieve the East Java Smart 2. State Civil Aparatus;
Province, particularly in the field of Smart Governance: 3. Workers;
• Smart Governance; 4. Students;
• Smart Society; 5. Others.
• Smart Economy;
• Smart Living; Institutional/Group Segment:
• Smart Enviromental. 1. Enterpreneurs and Small Medium Enterprises
2. Merchant;
Strategic Business Direction and Ecosystem Development at 3. Property Developers;
Each Tier 1 Bank Jatim focuses on synergy with the Central 4. Public Transportation;
Government and Regional Governments through a Special 5. Amusement Parks;
Work Program: 6. Savings and Loan Cooperatives;
• Establishing synergy between Bank Jatim, the Provincial 7. Schools / Boarding Schools;
Government, City/Regency Governments, and relevant 8. Private Enterprises;
agencies to support economic growth and innovation in 9. Insurance;
East Java. 10. Logistics Service Providers.
• Providing opportunities to enhance services within Bank
Jatim’s ecosystem network. This can be achieved through Strategic Business Direction and Ecosystem Development at
service integration and the provision of customized Each Tier 3 Bank Jatim focuses on identifying the right market
products/services tailored to the specific needs of each needs amid increasing competition with other banks and
stakeholder. financial institutions. To expand its market reach, Bank Jatim
must develop its systems and services while considering the
Potential Collaboration Development: following key aspects:
• Digitalization of Regional Government Transactions; • System Security Architecture
• Supply Chain Financing. Designing and implementing a robust security architecture
to protect customer data and banking systems, Utilizing
Strategic Business Direction and Ecosystem Development end-to-end encryption, firewalls, and real-time security
at Each Tier 2, Bank Jatim focuses on users operating on monitoring to ensure data integrity, Conducting security
the infrastructure of the Central and Regional Governments training for employees to enhance awareness and response
through a Special Work Program: to cybersecurity threats.
• Financing digital infrastructure, including broadband • Product and Service Development & Innovation
networks, hardware, software, and cybersecurity; Investing in advanced digital products and services that
• Collaborating with regional governments to develop digital are user-friendly, accessible, and secure and Diversifying
payment solutions for public services; products to meet evolving customer needs and market
• Providing technology financing for the modernization of demands.
healthcare, education, and administration; • Partnerships and Alliances
• Supporting environmental projects through specialized Exploring strategic partnerships and alliances with
loans for energy and waste management; other banks, technology providers, payment gateways,
• Financial support for smart city projects and fostering and financial entities and Expanding market reach and
public-private collaboration. accessing additional resources through collaborative
efforts.
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06 Information
Technology
2. Internal and External Conditions of the IT & Digital Directorate
These conditions can be evaluated using a SWOT Analysis, which includes an assessment of the current IT architecture, Bank
Jatim’s business needs, and external factors.
Strengths Weakness
• Availability of microservices-based IT solutions that • Enhancing application security by adopting the
accelerate time to market; DevSecOps framework to optimize development
• Established collaborations with FinTech entities, processes while ensuring security compliance;
enabling P2P lending channels; • Increasing fee-based income potential due to the rising
• Development of the Jconnect platform as a suite of mobile banking transaction volume (CAGR of 47.41%);
digital banking services for customers; • Development of a super app to expand the customer
• Diverse E-Channel services, including ATMs, SMS base and service offerings;
Banking, Internet Banking, Mobile Banking, Laku • Opportunity to enhance Islamic banking service index
Pandai, EDC, and QRIS, ensuring accessibility for through the Dual Banking Leverage Model;
customers; • Simplifying and aligning digital services to support
• Extensive integration capabilities to facilitate customers in Supply Chain Financing;
retribution payments through developed IT solutions. • Expanding the digital ecosystem by collaborating
with regional institutions, banking, insurance, fintech,
marketplaces, and other financial entities.
SWOT
Opportunities Threats
• Untuk meningkatkan keamanan aplikasi, Bank Jatim • Increasing digital banking product capabilities from
dapat menggunakan kerangka kerja DevSecOps untuk
competing banks;
mengoptimalisasi proses pengembangan aplikasi serta
• Rising cybersecurity threats, as evidenced by two
memperhatikan keamanan.
major hacking incidents in Indonesia’s banking sector;
• Enhancing application security by adopting the
• Low digital literacy index (ranked 10th out of 15, with
DevSecOps framework to optimize development
a score of 3.58) and lower mobile phone ownership
processes while ensuring security compliance.
• Increasing fee-based income potential due to the rising in East Java (62.99%, below the national average of
mobile banking transaction volume (CAGR of 47.41%). 65.87%), potentially hindering digital banking adoption;
• Development of a super app to expand the customer • Strict cybersecurity, data protection, and digital service
base and service offerings. regulations, impacting IT infrastructure requirements
• Opportunity to enhance Islamic banking service index for innovation and compliance.
through the Dual Banking Leverage Model.
• Simplifying and aligning digital services to support
customers in Supply Chain Financing.
• Expanding the digital ecosystem by collaborating
with regional institutions, banking, insurance, fintech,
marketplaces, and other financial entities.
3. Information Technology Vision and Mission
IT Vision
Supporting the bank with simple, secure, and convenient digital services to enhance financial inclusion and drive economic
growth.
IT Mission
1. Digital transformation as the foundation for growth.
2. Digital innovation to enhance access to financial services.
3. Leading an inclusive and sustainable digital ecosystem.
4. Providing a secure and seamless transaction experience for customers
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Based on the strategic business direction and ecosystem development, the internal and external conditions of the IT & Digital
Directorate, and the IT vision and mission, Bank Jatim’s Technology Division adopts a strategic theme to enhance business, market,
and technological growth, which includes:
1. Integrated Development; 4. Collaborative Governance;
2. Customer-Centric; 5. Data-Driven Decision Making;
3. Capability Optimization; 6. Security and Resilience;
Aligned with the Bank Jatim Corporate Plan 2024 – 2028 and the Annual Business Plan, the Bank Jatim Information Technology
Strategic Plan 2024 – 2028 follows this roadmap:
2024 2025 2026 2027 2028
Laying Digital Bank Jatim as Intelligent digital
Ecosystem Beyond Banking: Customer
lifestyle companion: ecosystem:
Foundation: Building AI-Enhanced empowerment
Intuitive and Proactive and
tomorrow’s banking Financial Ecosystem through AI and ML
personalized predictive banking
today
Establishing the Integrating AI-driven Advancing Bank Jatim’s Empowering customers Developing a smart
necessary digital solutions into the role as a smart lifestyle with AI and Machine ecosystem capable
capabilities and digital ecosystem, companion, utilizing AI Learning (ML) of anticipating and
infrastructure expanding beyond to provide intuitive and capabilities to support proactively addressing
to support the traditional banking personalized financial well-informed financial customer needs
development of an systems recommendations decision-making
innovative digital
ecosystem
To support the 2024–2028 Information Technology Strategic • Innovative Technology - Infrastructure & Security
Plan under the theme “Innovative Banking, Simplifying Management
Customer Lives”, Bank Jatim has prepared supporting Procuring and modernizing IT infrastructure as needed
strategies to implement business development through the while adopting cutting-edge technology to enhance
Perfect-I 2025 strategy: security, flexibility, scalability, and operational efficiency.
• Innovative Services - Digitalizing Customer Experience • Innovative Decision Making - Data-Driven Decision Making
Enhancing customer interactions with Bank Jatim by Utilizing Business Intelligence & Data Analytics to support
providing seamless, fast, and secure digital services for an informed decision-making, personalized services, business
improved user experience. strategy development, operational efficiency improvement,
• Innovative Processes Process Automation and Digital risk management, and oversight.
Innovation • Innovative Governance - Strengthening Governance and
Automating manual business processes, digitizing Control
workflows, and developing application systems to improve Enhancing governance capabilities through cross-
efficiency in data processing, verification, and internal functional collaboration, automation of control processes,
controls. compliance, and audit to ensure alignment with strategic
business goals and risk management.
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Technology
• Innovative People - Operational Model and Human Capital • Innovative Ecosystem - Collaboration with the Digital
Development Ecosystem
Implementing the right operating model to ensure smooth Establishing strategic partnerships with fintech companies,
interaction between IT functions and aligning strategies marketplaces, and technology service providers to drive
with business needs, while enhancing human resource digital economy growth and financial inclusion
competencies to stay competitive both regionally and
globally.
RSTI 2024 - 2028 carry “Innovative Banking, Simplifying Customer Lives”
Innovative Ecosystem
Collaboration with the Digital Ecosystem
Bank Jatim collaborates with fintech companies,
marketplaces, and other technology service
providers in a mutually beneficial partnership to
achieve digital economic growth and financial
inclusion.
Innovative Service Innovative People
Customer Service Development Strategy for
Digitalization Operating Model and Human
Enhancing the customer experience Resources
in every interaction with Bank Jatim Supported by an optimal operating
through digital services for a more model that structures interactions
convenient, fast, and secure user between IT functions and aligns
experience. strategies with business needs, Bank
Jatim also enhances human resource
quality to remain competitive at both
regional and international levels.
Innovative Processes Innovative Governance
Innovative
Process Automation and Governance and Control
Digital Innovation Banking Enhancement
Bank Jatim automates business Bank Jatim continuously improves
processes that are still carried out governance capabilities through
manually, implements digitalization, cross-functional collaboration and
and develops application systems automation of control, compliance,
to enhance efficiency in areas such and audit processes. This ensures
as data processing, verification, and alignment with the Bank’s strategic
the implementation of other internal direction, business needs, and risk
controls. levels
Innovative Technlogy Innovative Decious Making
Infrastructure & Security Data-Driven Decision Making
Management Bank Jatim leverages Business
Intelligence & Data Analytics to
Bank Jatim procures and upgrades support informed decision-making,
infrastructure as needed, adopting service personalization, business
the latest technologies to enhance strategy development, operational
security, flexibility, scalability, and efficiency enhancement, as well as risk
infrastructure efficiency. management and monitoring.
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Information Technology
Innovation
Portrait of banking conditions in Indonesia – the importance of The development of banking technology trends with several
customer experience to keep the Bank relevant to consumers, driving factors as follows:
and in an effort to respond to shifting consumer expectations, • Accelerating Digitalization - Increasing the migration
Banks must focus on creating a continuous and interconnected of services to digital channels, including for identity
consumer experience, building ecosystems and partnership management and verification, a seamless approach
strategies, and making consumers feel treated, such as: to commercial credit and lending services, and the
• Neobanks are starting to grow establishment of a digital money pooling structure.
Traditional banks still lead in maintaining primary financial • Core Banking System Improvement - The increasing use of
relationships (PFR) with respondents. However, with the banking services through digital channels has created an
entry of new digital services, neobanks are starting to gain urgency to improve the capabilities of the Core Banking
attention: 42% of respondents said they have at least one System to enable process simplification, thereby reducing
service or product with a neobank. time and improving the quality of work results.
• The Importance of Trust • Open Banking - Banking institutions are starting to adopt
Trust is an important factor, especially since consumers Open API, supported by solutions such as cloud services,
are willing to maintain multiple financial service low/no-code development platforms, DevSecOps, AI & ML,
relationships. The personal relationship aspect drives etc, also adopting new ways of working including the use of
respondents’ trust in their PFR provider. Having a branch Design Thinking and Agile Process.
nearby is one of the top trust drivers, reinforcing the • Landscape Shifting of FinTech - FinTech, and financial
importance of existing banks maintaining a physical technology vendors are starting to expand services to
presence. corporate clients and bring strong capabilities in cloud-
• Super App is in demand based solutions, innovative value propositions, and
With the number of multiservice technology platforms in integrated value chain offerings.
Indonesia, it is not surprising that respondents are very
interested in super apps that can provide integration of all In 2024, Bank Jatim took some steps to develop information
their financial services. technology innovations such as:
• Personalization • Development of New JConnect Mobile which is almost
Conventional banks have an opportunity to deepen equivalent to the Mobile Banking super apps
relationships and reduce the risk of respondents switching • Development of Digital Ecosystem, which consists of:
to other providers by addressing the personalization gap. - Hospital Ecosystem
With the potential of 431 hospitals throughout East
Java, Bank Jatim is taking steps to create a hospital
ecosystem that can integrate the Hospital SIM side with
Cash Management solutions, Doctor and Employee
payroll payments, Vendor Partners, and Purchase of
Medicines and Medical Devices.
- Education Ecosystem
With the potential of 400 schools and universities,
Bank Jatim is taking steps to integrate the education
ecosystem which includes People (Lecturers, Students,
Employees, Parents), Payment, Partners, and Places.
- E-TPD Ecosystem
In increasing the digitalization of each region in East
Java, Bank Jatim meets the needs of each region
starting from the Digital Channel (Nominal realization
of regional taxes and levies from Mobile/Internet/
SMS Banking, QRIS, and E-Commerce channels), Non-
Digital Channel (Nominal realization of regional taxes
and levies from ATM, EDC, and UE Reader channels)
and Conventional Channel (Nominal realization of
regional taxes and levies from Teller and Bank Agent
channels).
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- Siskeudes Link Ecosystem - Tableau
Bank Jatim has integrated Siskeudes Link with a total Bank Jatim carries out the data management process
of 5,590 villages and 24 district governments out of into a Dashboard to assist in monitoring and evaluating
7,724 villages and 30 district governments. Business Development, Reporting, and Operations by
- Remittance Ecosystem Branches, Head Office and Bank Jatim Management.
Bank Jatim has collaborated with merchantrade - Enterprise Resource Planning (ERP) using Odoo
remittance from Malaysia and Hong Kong with the Bank Jatim uses ERP Odoo with several modules
following account types: such as Customer Relationship Management (CRM)
• On Us (Bank Jatim Account) Fund transfer Pipeline Management, Vendor Management System
via Money Transfer Operator (MTO), with the (VMS), Odoo Inventory, Odoo Project Management,
overbooking method, with the recipient being a Odoo Event, Odoo Fleet Management to assist in the
Bank Jatim customer. decision-making process by Branches, Head Office and
• Off Us (Forwarding to Another Bank) Fund transfer Bank Jatim Management.
via Money Transfer Operator (MTO) with the - Smart Branch: Point of Sales and Experience Center
transfer method with the recipient being a Customer From the Branch side, it focuses on Operational
of Another Bank, and WIC (Receipt at Bank Jatim Efficiency, Improving Bank Jatim’s corporate image,
Office Network) Fund transfer via Money Transfer Digital Financial Literacy Education, and the Customer
Operator (MTO) with the transfer method with the Experience side focuses on Digital Based Solutions,
recipient being a walk in customer (WIC). Less waiting time (through branch reservations), Semi
Digital Assistance.
- Datawarehouse Development
Bank Jatim has built and managed an integrated
data storage center that enables the bank to process,
analyze, and optimize data-based decision making.
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Information
Technology Infrastructure
The IT-related capabilities built through RSTI 2024 – 2028 are carried out through the implementation of initiatives divided into
6 (six) aspects of IT-related architecture. The formulation of initiatives in the 6 (six) IT-related architectures is based on business
development needs illustrated in the Business Architecture.
0 Business Architecture
1 Touch Point Architecture 4
Security
Digital Assisted Electornic Partner
Architecture
Payment & Partnership Architecture Channel Services Architecture
Cards & ATM Management Specialized services (Back End) Detection
3rd Party Payment
Gateway Hub
Payment Engine Common Services
Response
Integrated Architecture Recovery
Synchronous Integration Asynchronous Integration Event-Driven & Data Stream Batch Data Integration File Integration
Endpoint Security
Application
Corporate Core
Core Banking Architecture
Architecture 2 Data Architecture Security
Human Capital Network Security
CIF Data Governance
Finance Infrastructure
Data as a Service Security
Operations Data Business
Integration User
Corporate Data Source Data Storage Data Access Data Security
Conventional Banking Sharia Banking Communication
Risk, Compliance, Data Processing Cloud Security
and Audit
Regulatory Report Data Security
Security
Infrastructure
3 Infrastructure Architecture Security Policy
Media Touch Service and Security
Peripherals Private Cloud External Cloud Compute Storage Network Facility
Point Operation Organization
Security Mgt. &
Reporting
5 Governance Architecture
6 People
0 Business Architecture
Business architecture consists of important components in achieving Bank Jatim’s goals in the future.
1 Applications Architecture 2 Data Architecture 3 Infrastructure Architecture
The foundation of the system used to It is a framework that regulates the Carefully designed infrastructure to ensure
support business processes includes management, storage, and integration in robust system reliability, security and
application components, relationships optimizing data access by all business units availability.
between components, and the technological for information-based decision making.
capabilities utilized.
4 Security Architecture 5 Governance Architecture 6 People Architecture
Security that can manage cyber Collaboration between Business and IT A federated IT operating model for
risks, proactively monitor threats and across all IT functions to optimize benefits optimizing service delivery and agility
vulnerabilities, and can respond to security delivery while maintaining compliance, through cross-functional collaboration
challenges effectively. governance, and the bank’s risk appetite. supported by task segregation and
interaction models.
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Technology
Information Technology
Governance
The Bank has implemented IT policy directions focusing on 5 • Bank Indonesia Regulation Number 23/6/
(five) IT Governance areas, namely: PBI/2021 concerning Payment Service Providers;
1. Strategic Allignment • Bank Indonesia Regulation Number 2 of 2024
IT implementation supports the achievement of the Bank’s concerning Information System Security and Cyber
mission so that IT strategy is aligned with the Bank’s Resilience for Payment System Providers, Money
business strategy. The implementation conducted was that Market and Foreign Exchange Market Actors, and
the Bank updated the 2024-2028 Information Technology Other Parties Regulated and Supervised by Bank
Strategic Plan which focuses on the Bank needing to take Indonesia;
a role in increasing financial literacy, digital literacy, and • Control Objectives for Information and related
financial inclusion as well as sustainable transformation Technology 2019 (COBIT) as one of the IT
so that it is always close to customers and relevant to Governance frameworks that has an IT Strategic
customers. Plan that is aligned with business strategy;
2. Value Delivery • Information Technology Information Library (ITIL)
The implementation of IT must be able to provide added is a standard framework for IT in aligning IT support
value to the achievement of the Bank’s mission. The services to business. ITIL focuses on IT processes,
implementation conducted was that during 2024, the procedures, tasks and service levels to support
Bank was committed to completing the development of the corporate strategy, provide added value, and
Information Technology Bank Business Plan and initiative maintain IT competency levels.
projects developed internally by IT for internal and external b. The Bank has been certified ISO 20000:2018 on
needs (customers). IT Service Management System in the IT & Digital
3. Risk Management Directorate to support Core Banking System Services
IT implementation must be accompanied by identification and JConnect Services (Mobile Banking, Internet
of IT risks so that their impacts can be addressed. The Banking, and SMS Banking) for Internal Users of Bank
implementation conducted by the Bank is as follows: Jatim.
a. The Bank has updated its policies, procedures and c. The Bank has been certified ISO 27001:2022 on
technical guidelines in line with international best Information Security Management System in JConnect
practices and the latest regulatory provisions, namely: Mobile, JConnect Internet Banking and JConnect SMS
• Law Number 27 of 2022 concerning Personal Data Banking Services.
Protection; 4. Resource Management.
• POJK Number 11/POJK.03/2022 concerning the IT implementation must be supported by adequate
Implementation of Information Technology by resources and optimal use of resources wherever possible.
Commercial Banks; The implementation carried out was that the Bank focused
• POJK Number 12/POJK.03/2018 concerning the on 2 (two) areas, namely:
Implementation of Digital Banking Services by a. Human Resources Fulfillment
Commercial Banks; To meet business needs, the Bank continuously
• POJK Number 13/POJK.03/2021 concerning the recruited IT Resources.
Implementation of Commercial Bank Products; b. Training
• SEOJK Number 24/SEOJK.03/2023 of 2023 The IT & Digital Directorate in 2023-2024 conducted
concerning the Assessment of the Digital Maturity certification training according to the field for the needs
Level of Commercial Banks; of acceleration in the implementation of bank business
• SEOJK Number 29/SEOJK.03/2022 dated processes. A total of 56 trainings were attended by 155
December 27, 2022 concerning Cyber Resilience participants.
and Security for Commercial Banks;
• SEOJK Number 21/SEOJK.03/2017 concerning the
Implementation of Risk Management in the Use of
Information Technology by Commercial Banks;
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5. Performance Management 8. Banking Digital Technology Security
IT implementation must be measured and evaluated Increased digital transactions need to be followed by reliable
regularly to ensure that IT performance and capacity are banking transaction security as the threat of cybercrime
in line with business requirements. The implementation increases, it needs to be considered when implementing
carried out was that the Bank monitored all IT aspects, and responding to technological developments. The Bank
namely as follows: maintains cyber resilience supported by an adequate cyber
a. Operational Aspects resilience information system through a process that
The Bank carried out control monitoring of IT services includes:
to branches and customers, namely providing a branch a. The Bank has implemented IT security system
complaint application to resolve problems at the controls including system security monitoring, data
branch and monitoring the availability of all IT services. communication and computer security with user
b. Management Aspects access control, installation of firewalls, web application
• The Bank has an IT Committee to evaluate the firewall, and antivirus;
Information Technology Strategic Plan and the b. Banks routinely conduct IT Security Awareness
Bank’s policies related to the use of information activities for all users;
technology. The IT Committee in 2024 was c. Banks have used endpoint security antivirus as a
implemented on December 23, 2024; protection tool against malware threats;
• Every week, the Bank holds an IT and Digital d. The Bank periodically carries out penetration testing
Directorate Forum to discuss IT project progress to test the reliability of the application to support
& RBB, monitoring the availability of Core Banking business and service needs to make transactions easier
System applications and other Surrounding for customers.
applications. 9. Disaster Recovery Plan
6. Customer Demands The Bank has Business Continuity Information Technology
Changes in the marketplace and society require banks to Guidelines and Disaster Recovery Plan Guidelines as a
change towards digital banking, or services that are run basis for the availability of data centers, disaster recovery,
with the support of Information Technology. Some banking and dual data centers to measure/identify critical business
services are now turning into IT-based selfservice services. processes related to the use of application systems,
As a consequence of this change is the increasingly high Response Point Objectives (RPO), Response Time
demand for Information Technology support in running a Objectives (RTO) and Work Recovery Time (WRT) explicitly.
business of future changes. This plan or strategy is formulated in the Disaster Recovery
7. Technology Development Plan. The disaster recovery plan functions to:
The dynamics of technological development which are a. Minimize disruption of service to customers;
getting higher with the industrial revolution 4.0, especially b. Maintain the continuity of information technology
in financial services, requires that Bank Jatim always operations during disasters/disruptions;
adapts to existing and ongoing changes. This aims to c. Provide assurance that Bank management fulfills
provide convenience, comfort and security for customers its responsibility to protect information sources and
in interacting in banking services. information documents of customers and other parties;
d. Regularly measures the performance of IT resources,
applications, networks, and capacity planning;
e. The Bank works with data center service providers to
maintain server availability and security in line with
expected SLAs.
In 2024, the Bank conducted a Disaster Recovery Center
Trial for the Core Banking System, E-Channel, and Bank
Indonesia Payment System applications
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Information Technology
Management Structure
The management of Information Technology (IT) at Bank Jatim is carried out by the Information Technology Division, Digital Banking
Division, and IT Security Unit, all of which operate under the responsibility of the Director of IT & Digital. The organizational structure
of the Information Technology Work Unit, as stipulated in the Board of Directors Decree No. 061/218/DIR/PRS/KEP dated December
7, 2022, is as follows:
Director of IT & Digital
Information Technology Digital Banking
Unit IT Security
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Information Technology
Work Plan 2025
The 2025 Business Plan of the Information Technology Referring to the strategic focus of Bank Jatim’s 2024-2028
Division for the information technology implementation and Corporate Plan under Pillar 4 (Digital Transformation) and
development is guided by the Financial Services Authority the 2024-2028 IT Strategic Plan (RSTI), where RSTI 2024-
(OJK) Regulation No. 11/POJK.03/2022 on “Implementation 2028 has mapped out projects for each year, the development
of Information Technology by Commercial Banks.” As a result, of information technology for 2025 consists of 17 projects
every commercial bank must submit a Business Plan to the outlined based on the seven PERFECT-I strategies as follows:
regulator. This plan is aligned with Bank Jatim’s 2024-2028
Corporate Strategic Plan, specifically under Pillar 4 (Digital
Transformation), and the 2024-2028 IT Strategic Plan (RSTI),
by adopting the PERFECT-I strategy:
Innovative Ecosystem
1. KKI Fase 2 - KKI Fisik
(Supporting)
2. Trade Finance (Supporting)
Innovative Service Innovative Technlogy
1. SAN Storage DC, DRC, KP
2. Upgrade of Branch
1. JConnect Branch Phase-2 Conventional & Sharia Router
(Interconnection with CBS) and Switch (Continuation)
2. Virtual Account Bersaldo 3. Router & Switch for Ecosystem
3. Paylater (Supporting) (Hospitals, Universities, Local
Governments)
4. Node HCI Nutanix
Innovative Processes Innovative People
Innovative
1. Enhancement Enterprise
Banking 1. Enhancement Core Banking
Recon System
2. Enhancement JConnect ERP 2. Enhancement of Employee
- Automatic Office Competency and
3. Enhancement J-Support Certification
Innovative X Customer
Innovative Governance
Experience
1. Enhancement JConnect
1. IT Change Management Loan Enterprise
Consultant
2. Big Data Analytics
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1. Innovative Services
Customer Service Digitalization - Enhancing the customer experience in every interaction with Bank Jatim through digital
services for a more convenient, fast, and secure user experience.
No Project Name Description
1 JConnect Branch Phase-2 Interconnection of self-service services (Teller Services and Account Opening) with the Core Banking
(Interconnection with CBS) System and the SINTA application.
2 Virtual Account Bersaldo The development of a Virtual Account with Balance is the process of creating a digital payment system that
allows users to conduct financial transactions through a virtual account that has been preloaded with funds.
This system offers convenience, security, and efficiency in making payments, while also providing users with
flexibility in managing their finances digitally.
3 Paylater (Supporting) An innovation in the development of a collateral-free product, which will be digitally developed to facilitate
bill payments for transactions made by customers
2. Innovative Processes
Process Automation and Digital Innovation - Bank Jatim automates business processes that are still carried out manually,
implements digitalization, and develops application systems to enhance efficiency in areas such as data processing, verification,
and the implementation of other internal controls.
No Project Name Description
1 Enhancement Enterprise Enhancement Enterprise Rekon helps the bank perform reconnaissance (monitoring) tasks more efficiently,
Recon accurately, and quickly. Its focus is on reducing repetitive manual work, improving compliance with
regulations, and optimizing data management and operational processes.
2 Enhancement JConnect Further development of the ERP system according to Bank Jatim’s needs and integration of the developed
ERP - Automatic Office solutions with the bank’s current systems and/or infrastructure.
• Asset Management
• Inventory (Phase 2)
• Budget Sale (Phase 2)
3 Enhancement Further development of the J-Support application with additional features
J-Support • Learning Based
• Risk Assesment
3. Innovative Governance
Governance and Control Enhancement – Bank Jatim continuously improves governance capabilities through cross-functional
collaboration and automation of control, compliance, and audit processes. This ensures alignment with the Bank’s strategic
direction, business needs, and risk levels.
No Project Name Description
1 IT Change Management A consulting party that assists the organization in planning, managing, and implementing strategic changes
Consultant related to governance, including data governance & data assets, systems, technology, or IT infrastructure.
The consultant is responsible for ensuring a smooth transition from old systems or procedures to new ones
with minimal disruption to daily operations.
4. Innovative Ecosystem
Collaboration with the Digital Ecosystem – Bank Jatim collaborates with fintech companies, marketplaces, and other technology
service providers in a mutually beneficial partnership to achieve digital economic growth and financial inclusion.
No Project Name Description
1 KKI Phase 2 - Physical The Regional Government Credit Card (KKPD) is a credit card that can be used for payments on expenditures
KKI (Supporting) charged to the Regional Budget (APBD). After the cardholder's payment obligations are fulfilled by the
issuing bank as agreed, the regional government work units are required to settle the payment obligations
within the agreed timeframe through a lump sum payment.
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No Project Name Description
2 Trade Finance The development of the Trade Finance Application involves creating a digital platform that facilitates various
(Supporting) activities in international trade. This application integrates multiple features supporting processes such as
issuing Letters of Credit (L/C), trade financing, risk management, and transaction settlement. The primary
goal is to accelerate, simplify, and enhance efficiency in conducting international trade transactions.
5. Innovative X Customer Experience
Data-Driven Decision-Making - Bank Jatim leverages Business Intelligence & Data Analytics to support informed decision-making,
service personalization, business strategy development, operational efficiency enhancement, as well as risk management and
monitoring.
No Project Name Description
1 Enhancement JConnect Development of services to support the processing and monitoring of loan applications/
Loan Enterprise.
2 Big Data Analytics The process of collecting, analyzing, and interpreting large, complex, and diverse datasets (big data) to
identify patterns, trends, and insights that assist in decision-making. Big data refers to vast and rapidly
growing data sets that cannot be efficiently processed using traditional analytical methods.
6. Innovative Technology
Infrastructure & Security Management – Bank Jatim procures and upgrades infrastructure as needed, adopting the latest
technologies to enhance security, flexibility, scalability, and infrastructure efficiency.
No Project Name Description
1 SAN Storage DC, DRC, KP Procurement of SAN Storage devices and infrastructure at the Data Center (DC), Disaster Recovery Center
(DRC), and Headquarters to replace the NAS Synology required by the bank.
2 Upgrade of Branch Continuation of capacity enhancement for branch firewall hardware and software to secure traffic and
Conventional & Sharia enable early threat detection for network security.
Router and Switch
(Continuation)
3 Router & Switch for Procurement of routers and switches to support the ecosystem of hospitals, universities (education), and
Ecosystem (Hospitals, local government institutions.
Universities, Local
Governments)
4 Node HCI Nutanix Additional deployment of HCI Nodes and infrastructure at the DC/DRC in the Headquarters to anticipate
the growing storage requirements of the bank.
7. Innovative People
Development Strategy for Operating Model and Human Resources – Supported by an optimal operating model that structures
interactions between IT functions and aligns strategies with business needs, Bank Jatim also enhances human resource quality
to remain competitive at both regional and international levels.
No Project Name Description
1 Improve Core Banking Development of modules or features within the Core Banking System to support Bank Jatim's business
System processes.
2 Enhancement Kompetensi A systematic effort to enhance employee skills and knowledge to enable them to perform their duties
dan Sertifikasi Pegawai and responsibilities more effectively and efficiently. This process involves training, development, and
performance evaluation, culminating in certification as recognition of the achieved competencies.
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Corporate
Governance
07
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07 Corporate
Governance
Basic for Corporate
Governance Implementation
The implementation of Corporate Governance at Bank Jatim 13. OJK Regulation Number 5/POJK.03/2016 concerning
always refers to the applicable regulations. The basis for Bank Business Plans along with its amendments.
implementing Corporate Governance at Bank Jatim is as follows: 14. OJK Regulation Number 18/POJK.03/2016 concerning
1. Law of the Republic of Indonesia Number 7 of 1992 the Implementation of Risk Management for Commercial
concerning Banking as amended several times, lastly Banks along with its amendments.
by Law of the Republic of Indonesia Number 6 of 2023 15. OJK Regulation Number 27/POJK.03/2016 concerning the
concerning the Stipulation of Governmental Regulations Fit and Proper Test for Main Parties of Financial Services
in Lieu of Law Number 2 of 2022 concerning Job Creation Institutions along with its amendments.
into Law along with its amendments. 16. OJK Regulation Number 29/POJK.04/2016 concerning
2. Law of the Republic of Indonesia Number 31 of 1999 Annual Reports of Issuers or Public Companies along with
concerning Eradication of Corruption Crimes as partially its amendments.
repealed by Law of the Republic of Indonesia Number 1 of 17. OJK Regulation Number 37/POJK.03/2019 Concerning
2023 concerning Criminal Law along with its amendments. Transparency and Publication of Bank Reports along with
3. Law Number 40 of 2007 concerning Limited Liability its amendment.
Companies as amended several times, lastly by Law of the 18. OJK Regulation Number 11/POJK.03/2016 concerning
Republic of Indonesia Number 6 of 2023 concerning the Obligation of Minimum Capital Requirements for
Stipulation of Governmental Regulations in Lieu of Law Commercial Banks along with its amendment.
Number 2 of 2022 concerning Job Creation into Law along 19. OJK Regulation Number 17 of 2023 concerning
with its amendments. Implementation of Governance for Commercial Banks
4. Corruption Eradication Commission Regulation Number 2 along with its amendment.
of 2019 concerning Reporting of Gratification. 20. OJK Regulation Number 8 of 2023 concerning
5. Corruption Eradication Commission Regulation Number Implementation of Anti-Money Laundering Program,
07 of 2016 concerning Procedures for Registration, Prevention of Terrorism Funding, and Prevention of Mass
Announcement and Examination of the Assets of State Weapon Proliferation Funding in the Financial Services
Administrators along with its amendments. Sector along with its amenmdent.
6. OJK Regulation Number 33/POJK.04/2014 concerning 21. OJK Regulation Number 46/POJK.03/2017 tentang
Directors and Board of Commissioners of Issuers or Public concerning Implementation of Compliance Function for
Companies along with its amendments. Commercial Banks along with its amendments.
7. OJK Regulation Number 34/POJK.04/2014 concerning 22. OJK Regulation Number 1/POJK.03/2019 concerning
the Nomination and Remuneration Committee of Issuers or Implementation of the Internal Audit Function in
Public Companies along with its amendments. Commercial Banks along with its amendments.
8. OJK Regulation Number 35/POJK.04/2014 concerning 23. OJK Circular Letter Number 32/SEOJK.04/2015
Corporate Secretary of Issuers or Public Companies along concerning Governance Guidelines for Public Companies.
with its amendments. 24. OJK Circular Letter Number 39/SEOJK.03/2016
9. OJK Regulation Number 21/POJK.04/2015 concerning concerning the Fit and Proper Test for Candidates for
Guidelines for Implementation of Public Company Controlling Shareholders, Candidates for Members of the
Governance along with its amendments. Board of Directors, and Candidates for Members of the
10. OJK Regulation Number 45/POJK.03/2015 concerning the Board of Commissioners of the Bank.
Implementation of Governance in Providing Remuneration 25. OJK Circular Letter Number 13/SEOJK.03/2017 concerning
for Commercial Banks along with its amendments. Implementation of Governance for Commercial Banks.
11. OJK Regulation Number 55/POJK.04/2015 concerning the 26. OJK Circular Letter Number 14/SEOJK.03/2017 concerning
Establishment and Guidelines for the Work Implementation Assessment of the Soundness of Commercial Banks.
of the Audit Committee along with its amendments 27. Articles of Association of PT East Java Regional
12. OJK Regulation Number 4/POJK.03/2016 concerning Development Bank Tbk. along with the changes.
Assessment of the Soundness of Commercial Banks along
with its amendments.
344 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
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In addition to the required provisions of the various laws 2. ASEAN Corporate Governance Scorecard.
and regulations above, the Company also bases on the GCG 3. Indonesian GCG Guidelines developed by the National
implementation guidelines as follows. Committee on Governance Policy (KNKG).
1. Principles of Corporate Governance developed by the 4. Principles for Enhancing Corporate Governance published
Organization for Economic Cooperation and Development by the Basel Committee on Banking Supervision.
(OECD).
Structure and Mechanism of
Corporate Governance
Structure of Corporate Organs
Based on the Law of the Republic of Indonesia Number 40 of 2007 concerning Limited Liability Companies, the Organs of the Company
consists of General Meeting of Shareholders (GMS), Board of Commissioners and Board of Directors. Its administration adopts a two
tier system, namely Board of Commissioners and Board of Directors, who have specific authority and responsibility based on their
respective functions as specified in the Articles of Association and the laws and regulations. Bank Jatim also had supporting organs
under the Board of Commissioners and Directors in order to support the effectiveness of the duties and responsibilities of the Main
Organs.
The structure of the corporate organs is presented in the chart below.
Principles of
Corporate Responsible
Transparency Accountability Independence Fairness
Governance Person
General Meeting
of Shareholders
Main
Organs
Board of
Commissioners
Board of
Vision, Mission, Company Values
Directors Good Corporate Sustainability
Committees under the
Board of Commissioners
Audit Risk Monitoring
Committee Committee Compliance
Committees Under the & AML PPT
Board of Directors Division
Remuneration
& Nomination Risk Risk
ALCO
Committee Management Management
Committee Committee Division
Supporting
Organs Personnel
Management IT Committee Corporate
Committee Secretary
Credit Credit Policy Internal Audit
Committee Committee Division
Product &
Network
Committee
Stakeholders Customer Employee Community
PT Bank Pembangunan Daerah Jawa Timur Tbk 345
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07 Corporate
Governance
Governance Soft Structure
In addition to the structure of the Company’s Organs, Bank Jatim also has a governance soft structure which is the provisions set by
the Board of Directors to implement GCG principles at all levels of the organization. In its implementation, Bank Jatim has various
policies/ guidelines in carrying out its functions and duties which are called the Bank’s governance infrastructure. The objectives of
building the Bank’s governance infrastructure are as follows.
No. Guidelines Guide Number Validation Date
1. Deed of Establishment Deed of Establishment of PT Bank Pembangunan Daerah Jawa Timur May 1, 1999
Number 1 dated May 1, 1999 and has been approved by the Minister
of Justice under Decree Number: C2-8227.HT.01.01.TH.99 dated May
5, 1999.
2. Articles of Association Deed of Restatement of Meeting Decision Number 107 Dated 30 October 30, 2024
October 30, 2024 and has obtained the Decree of the Minister of
Law and Human Rights of the Republic of Indonesia Number AHU-
AH.01.03-0207457 Dated November 5, 2024 Concerning Receipt of
Notification of Amendments to the Articles of Association of PT Bank
Pembangunan Daerah Jawa Timur Tbk.
Product Policy and Internal Audit 060/02/04/DIR/AUI/KEP November 30, 2021
3.
Activities
Information Technology Activity and 060/02/02/DIR/TEI/KEP August 12, 2021
4.
Product Policy (KPA)
Human Capital Product and Activity 061/02/04/DIR/HCP/KEP November 21, 2022
5.
Policy (KPA)
Risk Management Activity Product 060/02/01/DIR/MJR/KEP May 4, 2023
6.
Policy
Credit or Financing Activity Product 062/02/02/DIR/MJR/KEP December 5, 2023
7.
Policy (KPA PAP)
Product and Activity Policy (KPA) A,L, 062/02/03/DIR/KPT/KEP December 12, 2023
8.
CFT & PFWMD
Capital Participation Product and 062/02/04/DIR/MPA/KEP December 29, 2023
9.
Activity Policy (KPA)
Accounting Product and Activity Policy 063/02/02/DIR/AMK/KEP April 04, 2024
10.
(KPA)
11. Legal Product and Activity Policy (KPA) 063/02/03/DIR/HKM/KEP December 31, 2024
Standard Operating Procedure (SOP) 063/03/51/DKM/KEP March 28, 2024
12.
for the Board of Commissioners
Standard Operating Procedure (SOP) 060/03/04/DK/KEP May 28, 2021
for the Election and/or Replacement of
13.
Members of the Board of Commissioners
and Members of the Board of Directors
Changes to the Standard Operating 060/03/18/DK/KEP June 28, 2021
Procedure (SOP) for the Election and/or
14. Replacement of Members of the Board
of Commissioners and Members of the
Board of Directors
Standard Operating Procedure (SOP) 063/03/76/DIR/CSE/KEP May 08, 2024
15.
for the Work of the Board of Directors
Standard Operating Procedure 063/03/52/DKM/KEP March 28, 2024
16. (SOP) for the Work of the Board of
Commissioners Committee
Standard Operating Procedure (SOP) 060/03/DK/KEP January 18, 2021
for the Selection and/or Replacement of
17.
Members of the Board of Commissioners
Committee (Independent Party)
Standard Operating Procedure (SOP) 063/03/68/KPT/KEP April 29, 2024
18.
Conflict of Interest
Standard Operating Procedure (SOP) 063/03/93/DIR/HKM/KEP May 31, 2024
19. for Implementing Litigation & Non-
Litigation
346 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2024
No. Guidelines Guide Number Validation Date
Standard Operating Procedure (SOP) 063/03/44/DIR/KPT/KEP March 21, 2024
20.
Compliance
Standard Operating Procedure (SOP) 063/03/113/DIR/KPT/KEP June 20, 2024
21.
Prevention of ML, TPPT & PPSPM
Standard Operating Procedure (SOP) 063/03/114/DIR/KPT/KEP June 20, 2024
22.
Eradication of ML, TPPT & PPSPM
Standard Operating Procedure (SOP) 061/03/60/DIR/AUI/KEP December 27, 2022
23.
Internal Audit Activities
Standard Operating Procedure (SOP) 063/03/10/DIR/AUI/KEP February 21, 2024
24.
Anti Fraud Strategy
Standard Operating Procedure (SOP) 063/03/60/DIR/MRS/KEP April 19, 2024
25.
Operational Risk Management
Standard Operating Procedure (SOP) 063/03/21/DIR/MRS/KEP February 27, 2024
26. Market Risk Management
Standard Operating Procedure (SOP) 062/03/50/DIR/MRS/KEP September 22, 2023
27. Liquidity Risk Management
Standard Operating Procedure (SOP) 062/03/49/DIR/MRS/KEP September 22, 2023
28. Credit Risk Management
Standard Operating Procedure (SOP) 062/03/15/DIR/MJR/KEP April 5, 2023
29. for Bank Health Level Assessment
Standard Operating Procedure (SOP) 063/03/06/DKM/KEP February 2, 2024
for Implementation of Remuneration
30.
Governance for Management and its
Facilities
Standard Operating Procedure (SOP) 062/03/36/DIR/HCP/KEP June 8, 2023
31. for Grading and Remuneration System
Standard Operating Procedure (SOP) 063/03/62/DIR/TEI/KEP April 22, 2024
32. Personal Data Protection Information
Technology
Standard Operating Procedure (SOP) 063/03/37/DIR/TEI/KEP March 08, 2024
33. Information Security Information
Technology
Standard Operating Procedure (SOP) 063/03/43/DIR/TEI/KEP March 21, 2024
34. Information Technology Governance
Standard Operating Procedure (SOP) 063/03/15/DIR/PSM/KEP February 26, 2024
35. Preparation of Bank Strategic Plan and
Business Plan
Standard Operating Procedure (SOP) 062/03/40/DIR/CSE/KEP June 21, 2023
36. Investor Management
Standard Operating Procedure (SOP) 063/03/75/DIR/PSM/KEP May 8, 2024
37.
Implementation of Sustainable Finance
Standard Operating Procedure (SOP) 063/03/83/DIR/CSE/KEP May 20, 2024
38.
Social and Environmental Responsibility
Standard Operating Procedure (SOP) 063/03/147/DIR/MPA/KEP December 31, 2024
39.
Bank Business Group (KUB)
Standard Operating Procedure (SOP) 062/03/69/DIR/AMK/KEP December 12, 2023
40.
Financial Reporting
Technical Guidelines for Bank 063/04/95/KPT/SE November 06, 2024
41.
Governance Self Assessment
Technical Guidelines for Self 063/04/124/KPT/SE December 31, 2024
42. Assessment of Bank Governance in the
Bank Business Group (KUB)
Technical Guidelines for the 063/04/123/CSE/SE December 31, 2024
43. Implementation of Corporate Actions of
Subsidiaries of Group Banks (KUB)
PT Bank Pembangunan Daerah Jawa Timur Tbk 347
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07 Corporate
Governance
Corporate Governance Mechanism that is only known by the Majority Shareholders. The Bank also
encourages the involvement of Shareholders outside the GMS
Shareholders through investor relations, one on one meetings and analyst
meetings.
In the Articles of Association, Shareholders are Series A
Shareholders and Series B Shareholders, unless expressly General Meeting of Shareholders
stated otherwise. The Company’s shares consist of series
A shares which are exclusively owned by the Provincial, City The General Meeting of Shareholders (GMS) of the Company
and Regency Governments in East Java and Series B shares consisted of the Annual GMS and Extraordinary GMS. Annual
which can be owned by Directors, Board of Commissioners, GMS was held annually no later than 6 (six) months after the
Employees, Provincial Governments, City and Regency Company’s financial year was closed. Extraordinary GMS could
Governments throughout East Java and the community. be held at any time based on the need to discuss and decide on
the agenda of the meeting.
Rights of The Shareholders
Rules of GMS
By regarding the Articles of Association of the Company
based on the Deed of Restatement of Meeting Resolutions 1. At the implementation of the GMS, the rules of procedure
of PT Bank Pembangunan Daerah Jawa Timur Tbk Number for the GMS are given to the shareholders who are present.
107 dated October 30, 2024, Article 5 paragraph (2) of the 2. The GMS agenda is read out before the GMS begins.
Articles of Association of the Company stipulated the rights of 3. At the opening of the GMS, the chairperson of the GMS
shareholders as follows provides an explanation to the shareholders that contains
a. Series A is shares which give special rights to their holders at least:
in the attendance and approval quorum as referred to in a. General condition of the Bank.
Article 14 of the Articles of Association for: b. Meeting agenda.
1. Attending and approving the appointment, dismissal c. Decision-making mechanism related to meeting
and approval of the resignation of the Directors and agenda through voting method.
Board of Commissioners. d. Procedures for exercising shareholder rights to submit
2. Attending and approving changes in the articles of questions and/or opinions.
association for issuance of equity securities or changes
in issued and paid up capital. If the meeting agenda concerns the appointment of members
3. Attending and approving stock deposits in the form of of the Board of Directors and/or members of the Board of
objects other than money, both tangible and intangible Commissioners, the curriculum vitae of prospective members
objects. of the Board of Directors and/or members of the Board of
4. Attending and approving the merger, consolidation, Commissioners to be appointed shall be submitted via the Bank
acquisition and separation and submission of an Jatim website.
application so that the Company is declared bankrupt
and the liquidation of the Company. The Process of Implementing a GMS and Voting
b. Except for the special rights referred to in paragraph (2)
letter a of article 5, holders of series B shares shall have the The GMS is held by making announcements and summons to
same rights. the Shareholders. Announcement of the GMS shall be made
no later than 14 (fourteen) days prior to the summons for the
In addition, Shareholders also have the right to approve GMS, excluding the date of announcement and the date of the
remuneration for members of the Board of Directors and Board invitation. Summons to the GMS shall be made no later than 21
of Commissioners and to propose agenda items for the GMS (twenty-one) days before the GMS, excluding the date of the
and propose holding a GMS in accordance with the ownership summons and the date of the GMS.
percentage requirements. As long as there is no other
stipulation in the Articles of Association, series A shareholders The summons for the GMS at least contain information on
& series B shareholders have the same rights and every 1 (one) the date of the GMS, the time for holding the GMS, the venue,
share gives 1 (one) vote. provisions for shareholders who are entitled to attend the GMS,
the agenda of the meeting including an explanation of each
All Shareholders have the same rights in obtaining information agenda item, and information stating that materials related to
related to the Bank. Bank Jatim provides the same treatment the agenda of the meeting are available to shareholders from
to all Shareholders in providing information needed by the date of the invitation to the GMS until the GMS is held.
investors or Shareholders so that there is no inside information
348 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2024
The GMS is chaired by a member of the Board of Commissioners than ½ (one half) of the total shares with voting rights present.
who is appointed by the Board of Commissioners who is in the GMS unless otherwise stipulated in the applicable laws
appointed by the Board of Commissioners. In the event that all and regulations.
members of the Board of Commissioners are absent or unable
to attend due to any reason that does not need to be proven Each shareholder can be represented at the GMS by other
to a third party, the GMS is chaired by a member of the Board holders or a third party with a power of attorney. The power of
of Directors who is appointed by the Board of Directors. In the attorney form has been available on the Bank website since the
event that all members of the Board of Directors are absent summons for the GMS. Each share gives the owner the right to
or unable to attend, the GMS shall be chaired by shareholders cast 1 (one) vote. Voting can be done electronically (poll). All
who attend the GMS who are appointed from and by the GMS decisions are made based on deliberation to reach consensus.
participants. In the event that a decision based on deliberation to reach a
consensus is not reached, then the decision is made based on
The GMS can be held if attended by shareholders or their legal an agreed vote as determined in the articles of association
proxies who represent more than ½ (one half) of the total of the Bank. The GMS minutes stated that shareholders were
number of valid shares and the decision is approved by more given the opportunity to submit questions/opinions.
Implementation of Annual GMS For Fiscal Year 2023 and Its Realization
Information Announcement Invitation Implementation GMS Results
Notification of a Meeting to Publishing an Publishing the Notice of The meeting is scheduled - Submission of the
be Held with the Financial announcement regarding Meeting to Shareholders to be held on Wednesday, Meeting Summary to
Services Authority, the convening of a General on the websites of February 7, 2024, at the the Financial Services
Reference Number Meeting of Shareholders the Indonesia Stock Head Office of Bank Jatim. Authority, Reference
062/405.2/DIR/CSE/Srt, on the websites of the Exchange, PT KSEI, and Number 063/51/
Dated December 21, 2023. Indonesia Stock Exchange, the Company’s website, CSE/CMAI/Srt, Dated
PT Kustodian Sentral Reference Number February 13, 2024.
Efek Indonesia, and the 063/016/DIR/CSE/Srt, - Submission of the
Company’s website, Dated January 16, 2024. Minutes of Meeting to
Reference Number The notice is provided the Financial Services
063/01/DIR/CSE/Srt, in both Indonesian and Authority, Reference
Dated January 2, 2024. English. Number 063/107/
The announcement is CSE/CMAI/Srt, Dated
made in both Indonesian February 28, 2024.
and English.
Vote Counting Independent Parties
The Company appointed independent parties, namely Notary Sitaresmi Puspadewi Subianto and and PT Datindo Entrycom in
calculating and/or validating votes.
Attendance Recapitulation at The Annual GMS for Fiscal Year 2023
The Board of Commissioners and Directors of Bank Jatim who attended the 2023 Annual GMS are as follows.
No. Name Position Attendance
1. Muhammad Mas’ud Independent Commissioner Present
2. Adhy Karyono Commissioner Present
3. Candra Fajri Ananda Independent Commissioner Present
4. Sumaryono Independent Commissioner Present
5. Busrul Iman President Director Present
6. Edi Masrianto Director of Finance, Treasury & Global Services Present
7. Tonny Prasetyo Director of Compliance Present
8. R. Arief Wicaksono Director of Micro, Retail & Medium Present
9. Eko Susetyono Director of Risk Management Present
10. Zulhelfi Abidin Director of IT & Digital Present
PT Bank Pembangunan Daerah Jawa Timur Tbk 349
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07 Corporate
Governance
Decisions and Realization of the Annual GMS for Fiscal Year 2023
First Meeting Agenda
Approval of the Company’s Annual Report regarding the Condition and Operation of the Company during the 2023 Financial Year, including the
Report on the Implementation of the Supervisory Duties of the Board of Commissioners during the 2023 Financial Year and the Ratification of the
Company’s Financial Statements for the 2023 Financial Year.
The total of Shareholders submitting Questions and/or providing opinions was 1 (one) people.
Voting Results
Agree : 12,544,113,826 Shares (99.941%) consisting of Series A: 11,934,147,982 Shares and Series B: 609,965,844 Shares
Disagree : 8,400 Shares (0.0000669%) which are all Series B Shares
Abstain : 7,343,276 Shares (0.058%) which are all Series B Shares
Decision
1. Approve and ratify:
a. The Company’s Annual Report as presented by the Board of Directors for the 2023 fiscal year.
b. The Supervisory Report as presented by the Board of Commissioners for the 2023 fiscal year.
c. The Company’s Financial Statements for the fiscal year ending on December 31, 2023, which have been audited by the Public Accounting Firm
Paul Hadiwinata, Hidajat, Arsono, Retno, Palilingan & Partners, in accordance with the Independent Auditor’s Report dated January 15, 2024,
with an unqualified opinion in all material respects.
2. With the approval and ratification of the Annual Report, the Supervisory Report of the Board of Commissioners, and the Company’s Financial
Statements for the 2023 fiscal year, the meeting grants full release and discharge (acquit et de charge) to all members of the Board of Directors
for management actions and to all members of the Board of Commissioners for supervisory actions carried out during the fiscal year ending on
December 31, 2023, to the extent that such actions are reflected in the Company’s Financial Statements.
Status: Realized
Second Meeting Agenda
Determination of the use of the Company’s net profit for the financial year 2023 including the provision of bonuses for employees as well as bonuses
and remuneration for the Board of Directors and the Board of Commissioners.
The total of Shareholders submitting Questions and/or providing opinions was 1 (one) people.
Voting Results
Agree : 12,475,334,446 Shares (99.393%) consisting of Series A: 11,934,147,982 Shares and Series B: 541,186,464 Shares
Disagree : 76,105,856 Shares (0.606%) which are all Series B Shares
Abstain : 25,200 Shares (0.0002%) which are all Series B Shares
Decision
1. Approval of the Use of the Company’s Net Profit for the 2023 Fiscal Year as follows:
a. 55.55% (fifty-five point fifty-five percent) of the net profit for the 2023 fiscal year, amounting to IDR 816,692,940,679.98 (eight hundred
sixteen billion six hundred ninety-two million nine hundred forty thousand six hundred seventy-nine point ninety-eight rupiah), is allocated as
cash dividends for the 2023 fiscal year. Accordingly, an amount of IDR 54.39 (fifty-four point thirty-nine rupiah) per share is determined as cash
dividends for the 2023 fiscal year, which will be distributed in cash to all shareholders recorded in the Company’s Shareholder Register as of
February 22, 2024, and will be paid no later than March 8, 2024. Furthermore, the Board of Directors is authorized to regulate the procedures
for cash dividend payments.
b. 44.45% (forty-four point forty-five percent) of the net profit, amounting to IDR 653,411,992,299.02 (six hundred fifty-three billion four hundred
eleven million nine hundred ninety-two thousand two hundred ninety-nine point zero two rupiah), is allocated as General Reserves.
2. Furthermore, Bonus and Tantiem Reserves for the 2023 Fiscal Year have been established at IDR 367,526,233,244.00 (three hundred sixty-
seven billion five hundred twenty-six million two hundred thirty-three thousand two hundred forty-four rupiah). Referring to the resolution
of the Annual General Meeting of Shareholders (AGMS) for the 2022 fiscal year, which granted authority to the Board of Commissioners to
determine the remuneration for the Company’s Management in 2023, the Board of Commissioners Meeting on January 29, 2024, after
considering recommendations from the Remuneration and Nomination Committee, decided on the distribution of employee bonuses and tantiem
(performance-based incentives) for the Company’s Management, which includes the Board of Directors and the Board of Commissioners, along
with those assisting the Board of Commissioners, including the Sharia Supervisory Board, for the 2023 fiscal year, as follows:
a. Employee bonuses: 86.5% (eighty-six point five percent).
b. Tantiem for the Company’s Management, including the Board of Directors, Board of Commissioners, and those assisting the Board of
Commissioners, including the Sharia Supervisory Board: 13.5% (thirteen point five percent). A portion of this tantiem will be paid in cash, and in
accordance with OJK Regulation No. 45/POJK.03/2015, a portion of the tantiem for the Board of Commissioners and Board of Directors will be
deferred in the form of cash and shares through the Long-Term Incentive Program
The Board of Directors is granted the authority to distribute these amounts among the eligible recipients while ensuring compliance with applicable
rules and regulations.
3. Granting authority and power to the Board of Commissioners to determine the remuneration for the Company’s Management, including the Board
of Directors, Board of Commissioners, and those assisting the Board of Commissioners, including the Sharia Supervisory Board for the 2024 fiscal
year, while considering recommendations from the Remuneration and Nomination Committee and reporting this in the Annual Report.
Status: Realized
350 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2024
Third Meeting Agenda
Granting Power of Attorney to the Board of Commissioners to Appoint a Public Accounting Firm to Audit the Company’s Financial Statements for the
2024 Financial Year.
There were no Shareholders asking Questions and/or providing opinions
Voting Results
Agree : 12,447,060,646 Shares (99.168%) consisting of Series A: 11,934,147,982 Shares and Series B: 512,912,664 Shares
Disagree : 104,380,056 Shares (0.83%) which are all Series B Shares
Abstain : 24,800 Shares (0.00019%) which are all Series B Shares
Decision
Approved to grant authorization to the Board of Commissioners to appoint a public accounting firm to audit the company’s f inancial statements for
the 2024 financial year.
Status: Realized
Fourth Meeting Agenda
Approval of the Company’s Corporate Action
There were no Shareholders asking Questions and/or providing opinions
Voting Results
Agree : 12,021,661,182 Shares (95.778%) consisting of Series A: 11,934,147,982 Shares and Series B: 87,513,200 Shares
Disagree : 529,779,220 Shares (4.22%) which are all Series B Shares
Abstain : 25,100 Shares (0.0002%) which are all Series B Shares
Decision
To approve the Company’s Corporate Action in the form of Capital Participation to Bank Lampung for the process of forming a Bank Business Group
(KUB) as referred to in OJK Regulation Number 12/POJK.03/2020 concerning Commercial Bank Consolidation.
Status: Realized
Fifth Meeting Agenda
Changes to Pension Fund Regulations
There were no Shareholders asking Questions and/or providing opinions
Voting Results
Agree : 12,048,072,482 Shares (95.989%) consisting of Series A: 11,934,147,982 Shares and Series B: 113,924,500 Shares
Disagree : 502,637,520 Shares (4.0046%) which are all Series B Shares
Abstain : 755,500 Shares (0.006%) which are all Series B Shares
Decision
1. Approve the amendment to the Pension Fund Regulations.
2. Approved to authorize the Pension Fund Founder, namely the Board of Directors to give approval if in the future there are changes to the Pension
Fund regulations that affect funding, in accordance with the Company’s financial condition.
Status: Realized
Sixth Meeting Agenda
Changes in the Composition of the Company’s Management
There were no Shareholders asking Questions and/or providing opinions
Voting Results
Agree : 12,020,956,982 Shares (95.77%) consisting of Series A: 11,934,147,982 Shares and Series B: 86,809,000 Shares
Disagree : 530,482,020 Shares (4,226%) which are all Series B Shares
Abstain : 26,500 Shares (0.0002%) which are all Series B Shares
PT Bank Pembangunan Daerah Jawa Timur Tbk 351
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07 Corporate
Governance
Decision
1. Honorably discharged the Members of the Board of Commissioners and the Board of Directors from office, effective as of the close of the meeting
with gratitude for their contribution of energy and thought during their tenure in the Company, namely:
President Commissioner : Alm. Suprajarto
Independent Commissioner : Candra Fajri Ananda
Director of Compliance : Tonny Prasetyo
2. Approved and appointed the Company’s Management as follows:
Director of Compliance : Umi Rodiyah
Effective as of the closing of the Meeting with the term of office ending at the closing of the 5th (fifth) Annual General Meeting of Shareholders
from the date of appointment, or after the successor passes the Fit and Proper Test by the Financial Services Authority.
Therefore, the composition of the Company’s Management is as followst:
Board of Commissioners
President Commissioner : -
Independent Commissioner : Muhammad Mas’ud
Independent Commissioner : Sumaryono
Independent Commissioner : -
Commissioner : Adhy Karyono
Board of Directors
President Director : Busrul Iman
Director of Finance, Treasury & Global Services : Edi Masrianto
Director of Micro, Retail & Medium : R. Arief Wicaksono
Director of IT & Digital : Zulhelfi Abidin
Director of Risk Management : Eko Susetyono
Director of Operations : Arif Suhirman
Director of Compliance : Umi Rodiyah
1. Granting authority to the Governor of East Java to conduct the selection process for candidates for the Company’s Management whose terms have
ended and/or in the event of a vacancy.
2. Regarding the filling of vacant positions on the Board of Commissioners, approval will be sought at the next General Meeting of Shareholders to
be held by the Company, considering the current conditions. This process may exceed the time limit for filling vacant positions on the Board of
Commissioners as stipulated in the Company’s Articles of Association.
3. Granting authority to the Board of Commissioners to appoint one (1) member among them as the Appointed Commissioner, who will have the duty
and authority to coordinate the administration of general activities to facilitate the Board of Commissioners’ tasks, due to the vacant position of
the President Commissioner.
4. Granting authority to the Board of Commissioners to determine the remuneration of the appointed Directors until the announcement of the results
of the Fit and Proper Test by the Financial Services Authority (Otoritas Jasa Keuangan), considering the recommendations of the Remuneration
and Nomination Committee.
3. Granting authority and power to the Board of Directors, with the right of substitution, to carry out all necessary processes and actions, including
notifications to regulators, as required by applicable laws and regulations.
Status: Realized
352 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2024
The Implementation of The Extraordinary General Meeting on September 26, 2024 and its Realization
Information Announcement Invitation Implementation GMS Results
Notification regarding the Announcement of the Publication of the Meeting The Meeting was held on - Summary Minutes of the
Meeting to be held was Meeting Invitation Invitation to Shareholders Thursday, September 26, Meeting were submitted
submitted to the Financial to Shareholders was was advertised on the 2024, at the Bank Jatim to the Financial Services
Services Authority advertised on the IDX website, the PT Head Office. Authority via letter No.
(Otoritas Jasa Keuangan) Indonesia Stock Exchange KSEI website, and the 063/624/CSE/CMAI/
via letter No. 063/250/ (IDX) website, the PT Company's website via Srt dated September
DIR/CSE/Srt dated August Kustodian Sentral Efek letter No. 063/264/DIR/ 30, 2024.
12, 2024. Indonesia (KSEI) website, CSE/Srt dated September - Official Minutes of the
and the Company's 4, 2024. The invitation Meeting were submitted
website via letter No. was published in both to the Financial Services
063/256/DIR/CSE/Srt Indonesian and English. Authority via letter No.
dated August 20, 2024. 063/702/CSE/CMAI/
The announcement Srt dated October 17,
was published in both 2024.
Indonesian and English.
Vote Counting Independent Parties
The Company appointed independent parties, namely Notary Sitaresmi Puspadewi Subianto and and PT Datindo Entrycom in
calculating and/or validating votes.
Attendance Recapitulation at The Extraordinary GMS In 2024
The Board of Commissioners and Directors of Bank Jatim who attended the 2024 Extraordinary GMS were as follows.
No. Name Position Attandance
1. Muhammad Mas’ud Independent Commissioner Present
2. Sumaryono Independent Commissioner Present
3. Kh. Afifuddin Muhajir Sharia Supervisory Board Present (in the Meeting
attend online)
4. Sukadiono Sharia Supervisory Board Present
5. Busrul Iman President Director Present
6. Edi Masrianto Director of Finance, Treasury & Global Services (at the time of the GMS, Present
concurrently serves as Acting Director of Operations)
7. Arif Suhirman Director of Operations Present
(at the time of the GMS, concurrently serves as Acting Director of Compliance)
8. R. Arief Wicaksono Director of Micro, Retail & Medium Present
9. Umi Rodiyah Director of Compliance Not present (during the
meeting due to illness)
10. Zulhelfi Abidin Director of IT & Digital Present
11. Eko Susetyono Director of Risk Management Present
PT Bank Pembangunan Daerah Jawa Timur Tbk 353
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07 Corporate
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Decisions and Realization of The Extraordinary GMS In 2024
First Meeting Agenda
Amendments to the Articles of Association
No Shareholders raised any questions and/or provided opinions.
Voting Results
Agree : 11,985,106,682 Shares (97.0131816%) consisting of Series A: 11,934,147,982 Shares and Series B: 50,958,700 Shares.
Disagree : 368,393,661 shares (2.9819544%) all of which are Series B shares.
Abstain : 600,900 Shares (0.0048640%) which are all Series B Shares.
Decision
1. Approving the amendments to the Company’s Articles of Association to align with OJK Regulation No. 12 of 2023 concerning Sharia Business
Units, specifically:
- Article 16, Paragraph 1 on the Duties & Authorities of the Board of Directors: The Board of Directors is fully responsible for managing the
Company and developing the Sharia Business Unit.
- Article 19, Paragraph 2, Point D on the Duties & Authorities of the Board of Commissioners: Assisting and encouraging efforts for the development
and growth of the Company as well as the Sharia Business Unit.
2. Granting power and authority to the Board of Directors to take the necessary follow-up actions regarding the amendments to the Articles of
Association, including notification to the relevant authorities in accordance with applicable laws and regulations.
Status: Realized
Second Meeting Agenda
Approval of the Company's Corporate Action
No Shareholders raised any questions and/or provided opinions.
Voting Results
Agree : 12,134,127,082 Shares (98.2194240%) consisting of Series A: 11,934,147,982 Shares and Series B: 199,979,100 Shares.
Disagree : 219,372,261 shares (1.7757039%) which are all Series B shares.
Abstain : 601,900 Shares (0.0048721%) which are all Series B Shares.
Decision
Approved the Company’s Corporate Action in the form of Capital Participation to Bank Banten amounting to IDR10,000,000,000.00 (ten billion
rupiah) which will be continued in the KUB stage process.
Status: Realized
Third Meeting Agenda
Changes in the Composition of the Company's Management
No Shareholders raised any questions and/or provided opinions.
Voting Results
Agree : 11,981,833,482 Shares (96.9866868%) consisting of Series A: 11,934,147,982 Shares and Series B: 47,685,500 Shares.
Disagree : 371,665,261 shares (3.0084363%) all of which are Series B shares.
Abstain : 602,500 Shares (0.0048769%) which are all Series B Shares.
354 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2024
Decision
3. Approving and appointing the Company’s Management.
Independent Commissioner: Dadang Setiabudi
Effective from the closing of the meeting, with a term ending at the close of the 4th (fourth) Annual General Meeting of Shareholders from the date
of appointment, or after a successor has passed the Fit and Proper Test conducted by the Financial Services Authority.
Accordingly, the composition of the Company’s Management is as follows:
Board of Commissioners
Commissioners : Adhy Karyono
Independent Commissioner : Muhammad Mas’ud
Independent Commissioner : Sumaryono
Independent Commissioner : Dadang Setiabudi
Sharia Supervisory Board
Sharia Supervisory Board : KH. Afifuddin Muhajir
Sharia Supervisory Board : Sukadiono
Board of Directors
President director : Busrul Iman
Director of Micro, Retail and Medium : R. Arief Wicaksono
Director of Compliance : Umi Rodiyah
Director of Finance, Treasury & Global Services : Edi Masrianto
Director of Operations : Arif Suhirman
Director of IT & Digital : Zulhelfi Abidin
Director of Risk Management : Eko Susetyono
4. Granting authority to the Governor of East Java to conduct the selection process for candidates for the Company’s Management whose terms have
ended and/or in the event of a vacancy.
5. Regarding the filling of vacant positions in the Board of Commissioners, approval will be sought at the nearest General Meeting of Shareholders to
be held by the Company, considering the current circumstances. This process may exceed the time limit for filling vacant positions in the Board of
Commissioners as stipulated in the Company’s Articles of Association.
6. Granting power to the Board of Commissioners to determine the remuneration of the appointed Board of Commissioners until the announcement
of the results of the Fit and Proper Test by the Financial Services Authority (OJK), taking into account recommendations from the Remuneration
and Nomination Committee.
7. Granting power and authority to the Board of Directors, with the right of substitution, to carry out all necessary processes and actions, including
notifying regulatory authorities as required by applicable laws and regulations.
Status: Realized
Implementation of The Extraordinary GMS on December 11, 2024 and its Realization
Information Announcement Invitation Implementation GMS Result
Notification of the Meeting Publication of an Publication of the The Meeting will be held - Submission of the
to the Financial Services announcement regarding Meeting Invitation to on Thursday, December 11, Meeting Summary to
Authority (OJK) with letter the upcoming Meeting the Shareholders on the 2024, at the Bank Jatim the Financial Services
number 063/388/DIR/ Invitation to the websites of the Indonesia Head Office. Authority (OJK) with
CSE/Srt dated October 25, Shareholders on the Stock Exchange, PT letter number 063/470/
2024. websites of the Indonesia KSEI, and the Company's DIR/CSE/Srt dated
Stock Exchange, PT website with letter number December 13, 2024.
Kustodian Sentral Efek 063/422/DIR/CSE/Srt - Submission of the
Indonesia, and the dated November 19, 2024. Minutes of Meeting to
Company's website with The invitation is published the Financial Services
letter number 063/396/ in both Indonesian and Authority (OJK) with
DIR/CSE/Srt dated English. letter number 064/02/
November 4, 2024. The DIR/CSE/Srt dated
announcement is published January 3, 2025.
in both Indonesian and
English.
PT Bank Pembangunan Daerah Jawa Timur Tbk 355
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07 Corporate
Governance
Vote Counting Independent Parties
The Company appointed independent parties, namely Notary Sitaresmi Puspadewi Subianto and and PT Datindo Entrycom in
calculating and/or validating votes.
Attendance Recapitulation at The 2024 Extraordinary GMS
The Board of Commissioners and Directors of Bank Jatim presented at the 2024 Extraordinary GMS were as follows.
No. Name Position Attandance
1. Muhammad Mas’ud Independent Commissioner Present
2. Sumaryono Independent Commissioner Present
3. Dadang Setiabudi Independent Commissioner Present
4. Kh. Afifuddin Muhajir Sharia Supervisory Board Not present
5. Sukadiono Sharia Supervisory Board Not present
6. Busrul Iman President Director Present
7. Edi Masrianto Director of Finance, Treasury & Global Services Not present
8. Arif Suhirman Director of Operations Present
9. R. Arief Wicaksono Director of Micro, Retail & Medium (at the time of the GMS, concurrently serves Present
as Acting Director of Finance, Treasury & Global Services)
10. Umi Rodiyah Director of Compliance Present
11. Zulhelfi Abidin Director of IT & Digital Present
12. Eko Susetyono Director of Risk Management Present
Decisions and Implementation of The 2024 Extraordinary General Meeting of Shareholders
First Meeting Agenda
Approval of the Company's Corporate Action
No Shareholders raised any questions and/or provided opinions.
Voting Results
Agree : 11,730,556,025 Shares (97.599%) consisting of: Series A 11,614,904,525 Shares, Series B 115,651,500 Shares
Disagree : 288,379,130 Shares (2,399%) which are all Series B Shares
Abstain : 121,100 Shares (0.001%) which are all Series B Shares.
Decision
Approving the Company’s Corporate Actions in the form of:
- Capital participation in Bank Sultra of up to IDR 100 billion.
- Capital participation in Bank NTT ranging from IDR 50 billion to IDR 100 billion.
The Company’s capital participation is carried out in accordance with East Java Provincial Regulation No. 8 of 2019 concerning Regional-Owned
Enterprises and is part of the process of forming a Banking Business Group
Status: Realized
Second Meeting Agenda
Adjustment of the Company's Management Nomenclature
No Shareholders raised any questions and/or provided opinions.
Voting Results
Agree : 11,817,283,625 Shares (98.321%) consisting of: Series A 11,614,904,525 Shares, Series B 202,379,100 Shares
Disagree : 201,624,139 Shares (1.677%) which are all Series B Shares
Abstain : 148,500 Shares (0.001%) which are all Series B Shares.
356 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2024
Decision
4. Approved the change in the nomenclature of the Company’s management, namely the Board of Directors:
Old Nomenclature New Nomenclature
President director President Director
Director of Micro, Retail and Medium Director of Micro Business, Retail & Sharia Business
Director of Risk Management Director of Risk Management
Director of IT & Digital Director of IT, Digital & Operations
Director of Operations Director of Medium Business, Corporate & Network
Director of Finance, Treasury & Global Services Director of Finance, Treasury & Global Service
Director of Compliance Director of Compliance
New Nomenclature Name of Directors
President Director Busrul Iman
Director of Micro Business, Retail & Sharia Business R. Arief Wicaksono
Director of Risk Management Eko Susetyono
Director of IT, Digital & Operations Zulhelfi Abidin
Director of Medium Business, Corporate & Network Arif Suhirman
Director of Finance, Treasury & Global Service Edi Masrianto
Director of Compliance Umi Rodiyah
1. Granting power and authority to the Board of Directors to make adjustments to the Company’s Organizational Structure for the change in
nomenclature.
2. Granting power and authority to the Board of Directors with the right of substitution to carry out all necessary processes and actions including
notification to regulatory parties as required by applicable laws and regulations.
Status: Realized
Implementation of Annual GMS For Fiscal Year 2022 and Its Realization
Information Announcement Invitation Implementation GMS Result
Notifying the Financial Advertising the Advertising the Invitation Held on April 12, 2023, - Submission of Summary
Services Authority that announcement regarding to Shareholders on the at the Bank Jatim Head of Minutes to Financial
a meeting would be held the Invitation of Meeting Indonesia Stock Exchange Office Services Authority
with the letter number: to the Shareholders on the website, PT KSEI website, number 062/149/DIR/
062/056/DIR/CSE/Srt website of the Indonesia the Company’s website CSE/Srt dated April 14,
date February 24, 2023 Stock Exchange, the with letter number 2023
website of PT Kustodian 062/107/DIR/CSE/Srt - Submission of Summary
Sentral Efek Indonesia and date March 21, 2023. Calls of Minutes to Financial
the Company’s website are delivered in Indonesian Services Authority
on February 8, 2022 the and English. number 062/190/DIR/
Company’s website with CSE/Srt dated May 9,
letter number 062/091/ 2023
DIR/CSE/Srt date March 3,
2023. Announcements are
delivered in Indonesian and
English
Vote Counting Independent Parties
The Company appointed independent parties, namely Notary Sitaresmi Puspadewi Subianto and and PT Datindo Entrycom in
calculating and/or validating votes.
PT Bank Pembangunan Daerah Jawa Timur Tbk 357
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07 Corporate
Governance
Attendance Recapitulation at The Annual GMS for Fiscal Year 2022
The Board of Commissioners and Directors of Bank Jatim who attended the 2022 Annual GMS are as follows.
No. Name Position Attendance
1. Suprajarto President Commissioner Present
2. Muhammad Mas’ud Independent Commissioner Present
3. Heru Tjahjono Commissioner Present
4. Candra Fajri Ananda Independent Commissioner Present
5. Sumaryono Independent Commissioner Present
6. Busrul Iman President Director Present
7. Edi Masrianto Director of Finance, Treasury & Global Services Present
8. Tony Prasetyo Pgs. Compliance Present
9. R. Aried Wicaksono Director of Micro, Retail & Medium Present
10. Eko Susetyono Director of Risk Management Present
11. Zulhelfi Abidin Director of IT & Digital Present
12. Eko Susetyono Director of Risk Management Present
Decisions and Realization of the Annual GMS for Fiscal Year 2022
First Meeting Agenda
Approval of the Company’s Annual Report regarding the Condition and Operation of the Company during the 2022 Financial Year, including the
Report on the Implementation of the Supervisory Duties of the Board of Commissioners during the 2022 Financial Year and the Ratification of the
Company’s Financial Statements for the 2022 Financial Year.
The total of Shareholders submitting Questions and/or providing opinions was 3 (three) people.
Voting Results
Agree : 12,638,735,377 shares (99.940%) consisting of Series A: 11,862,056,231 shares and Series B: 776,679,146 shares
Disagree : 30,100 shares (0.0002%) which are all Series B shares
Abstain : 7,449,176 shares (0.058%) which are all series B shares
Decision
1. Approve and certify:
a. The Company’s Annual Report that has been submitted by the Board of Directors for the 2022 Fiscal Year.
b. Supervisory Task Report that has been submitted by the Board of Commissioners for Fiscal Year 2022.
c. The Company’s Financial Statements for the financial year ended December 31, 2022 which have been audited by the Public Accounting Firm
of Paul Hadiwinata, Hidajat, Arsono, Retno, Palilingan & Partner in accordance with the Independent Auditor’s Report dated February 13, 2023,
with a Fair opinion in all material respects.
2. With the approval and ratification of the Annual Report, Report on the Supervisory Duties of the Board of Commissioners and the Company’s
Financial Statements for the 2022 Financial Year, the Meeting granted full discharge and release from responsibilities (acquit et de charge) to all
members of the Board of Directors for management actions and to all members of the Board of Directors. Commissioner for supervisory actions
that have been carried out during the financial year ending on December 31, 2022 to the extent of such actions reflected in the Company’s
Financial Statements.
Status: Realized
Second Meeting Agenda
Determination of the use of the Company’s net profit for the financial year 2022 including the provision of bonuses for employees as well as bonuses
and remuneration for the Board of Directors and the Board of Commissioners.
The total of Shareholders submitting Questions and/or providing opinions was 2 (two) people.
Voting Results
Agree : 12,463,237,845 shares (98.553%) consisting of Series A: 11,862,056,231 shares and Series B: 601,181,614 shares
Disagree : 182,845,508 shares (1.445%) which are all Series B shares
Abstain : 131,300 shares (0.001%) which are all series B shares
358 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2024
Decision
1. Approving of the use of the Company’s profits for the Fiscal Year of 2022, as follows:
a. In the amount of IDR 797.793.173,38 (seven hundred ninety seven billion one hundred seventy two million seven hundred ninety three thousand
one hundred seventy three Rupiah point thirty eight cents) or 51,667% (fifty-one point sixty-six percent) of the net profit for the Fiscal Year of
2022 is set as cash dividend for the Fiscal Year of 2022, so it amounts IDR 53,09 (fifty three point zero nine cents) per share, designated as cash
dividend for the Fiscal Year of 2022 will be distributed in cash to all shareholders registered in Register of Shareholders of the Company as of
May 2, 2023 and paid on May 12, 2023. Furthermore, granting power and authority to the Board of Directors to regulate the procedure for the
payment of the cash.
b. In the amount of IDR 745.651.466,62 (seven hundred forty five billion six hundred fifty one million six hundred one thousand four hundred sixty
six rupiah point sixty two cents) or 48,33% (forty-eight point thirty-three percent) set as General Reserve.
2. Furthermore, in accordance with the provisions of the applicable Financial Accounting Standards Regulations, we propose to determine the
distribution of employee bonuses and tantiem for the Company’s Management, such as the Board of Directors and the Board of Commissioners
including the Sharia Supervisory Board along with those who assist the Board of Commissioners, the duties of the Board of Commissioners,
including the Sharia Supervisory Board for the Fiscal Year of 2022, an allowance of IDR 385.706.139.127,45 (three hundred eighty five billion
seven hundred six million one hundred thirty nine thousand one hundred twenty seven Rupiah point forty five cents) with the same percentage
distribution as the previous year, as follows:
a. Employee bonus of 85% (eighty-five percent).
b. The Tantiem of the Company’s Management, such as the Board of Commissioner along with those who assist the duties of the Board of
Commissioner, including Sharia Supervisory Board of 15% (fifteen percent). Of the total that will be paid in cash and in accordance with the
provisions of POJK Number 45/POJK.03/2015, mainly for the Board of Commissioners and the Board of Directors, there will be the retained
tantiem in cash and shares through Long Term Incentive program.
3. Granting authority and power to the Board of Commissioners to determine the remuneration of the Company’s management, such as the Board
of Directors and the Board of Commissioners together with those who assist the duties of the Board of Commissioners including the Sharia
Supervisory Board in 2023 by considering the proposals from the Remuneration and Nomination Committee and reporting on the Annual Report.
Status: Realized
Third Meeting Agenda
Granting Power of Attorney to the Board of Commissioners to Appoint a Public Accounting Firm to Audit the Company’s Financial Statements for the
2023 Financial Year.
There were no Shareholders asking Questions and/or providing opinions
Voting Results
Agree : 12,486,364,745 shares (98.735%) consisting of Series A: 11,862,056,231 shares and Series B: 624,308,514 shares
Disagree : 159,719,108 shares (1.262%) which are all Series B shares
Abstain : 130,800 shares (0.001%) which are all series B shares
Decision
Approved to grant authorization to the Board of Commissioners to appoint a public accounting firm to audit the company’s f inancial statements for
the 2023 financial year.
Status: Realized
Fourth Meeting Agenda
Approval of the Company’s Corporate Action
The total of Shareholders submitting Questions and/or providing opinions was 1 (one) people.
Voting Results
Agree : 12,002,342,731 shares (94.908%) consisting of Series A: 11,862,056,231 shares and Series B: 140,286,500 shares
Disagree : 643,740,622 shares (5.090%) which are all Series B shares
Abstain : 131,300 shares (0.001%) which are all series B shares
Decision
Approving the corporate action of capital participation in Bank NTB Syariah of a maximum of 15% of the total of paid-up equity participation of
shareholders of the Province, Regency and City of West Nusa Tenggara Government. The said equity participation of Bank Jatim is part of the
formation process of a Bank Business Group (KUB) as referred to POJK Number 12/POJK.03/2020 concerning the consolidation of commercial
banks, currently in the due diligence stage, which the implementation is carried out with due observance of the applicable statutory. This equity
participation is in terms of the satisfaction of Regional Regulation of East Java Province No. 8 of 2019 concerning Regional-Owned Enterprises.
Status: Realized
Fifth Meeting Agenda
Changes to Article of Association
There were no Shareholders asking Questions and/or providing opinions
Voting Results
Agree : 12,002,543,631 shares (94.910%) consisting of Series A: 11,862,056,231 shares and Series B: 140,487,400 shares
Disagree : 643,540,122 shares (5.088%) which are all Series B shares
Abstain : 130,900 shares (0.001%) which are all series B shares
PT Bank Pembangunan Daerah Jawa Timur Tbk 359
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07 Corporate
Governance
Decision
1. Approving changes to the Company’s Articles of Association, as follows:
a. Changes related the adjustment to:
- Law of the Republic of Indonesia Number 7 of 1992 concerning Banking as amended several times, lastly by Law of the Republic of Indonesia
Number 6 of 2023 concerning the Stipulation of Governmental Regulations in Lieu of Law Number 2 of 2022 concerning Job Creation into
Law.
- Regulation of Statistic Central Agency Number 2 of 2020 regarding Indonesian Business Classification Standard.
In article l 3 regarding purpose, objectives, and business activities.
b. Supplement to the provisions related to “quorum of Decisions of GMS in case the management (the Board of Directors and the Board of
Commissioners) occurs, either nomination, dismissal, or approval for resignation in Article 14 Section (4).
c. Other changes in Articles of Association of PT Bank Jatim are editorial adjustment as follows:
- Addition to the provision of term “Good Governance” in “Good Corporate Governance” of Article 16 section (4)
- Adjustment to the provisions of Duties and Authorities of the Board of Directors in article 16 section 10.D.1. The phrase “Credit Relief”
becomes “Credit Written-off”
- Changes to Drafting of “Regulation of Bapepam LK Number .X.K.2” becomes “in the Capital Market Sector” Article 22 Section (6) Work Plan,
Fiscal Year, and Annual Report.
- Adjustment to the Mention of “Minister” becoming “Minister of Law and Human Rights” of Article 4 (Capital) section (7) and Article 14
(Quorum, Voting Rights, Decision and Code of Conduct) section (3).
- Changes to the Term “Bank Indonesia” becoming “Financial Services Authority”.
- Adjustment to the Term “General Meeting of Shareholders” becoming “GMS.”
- Consistency of the Use “A” Letter (Captal Letter) in “Article” and “s” (small letter) in “section”.
- Adjustment to the point reference in Article of Articles of Assocation by referring to point in Article of Articles of Association, such as in
Article 14 section (2) point a number 2 and 3.
2. Granting power and authority to the Company’s Board of Directors with the right of substitution to carry out all required actions related to decision
of the agenda of this Meeting, including drafting and restament all Articles of Association in a notarial deed and, accordinglu, submitting to the
authorized party including regulator to obtain approval or receipt of notification of changes to Article of Association.
Status: Realized
Sixth Meeting Agenda
Changes in the Composition of the Company’s Management
The total of Shareholders submitting Questions and/or providing opinions was 1 (one) people.
Voting Results
Agree : 11,896,417,553 shares (94.070%) consisting of Series A: 11,829,395,753 shares and Series B: 67,021,800 shares
Disagree : 748,860,300 shares (5.921%) consisting of Series A: 32,660,478 shares and Series B: 716,199,822 shares
Abstain : 936,800 shares (0.007%) which are all series B shares
Decision
1. Honorably discharging members of the Board of Commissioners and members of the Sharia Supervisory Board whose their term of office has
ended, as follows:
Independent Commissioner : Muhammad Mas’ud
Commissioner : Heru Tjahjono
Sharia Supervisory Board : KH Affifudin
Sharia Supervisory Board : Saad Ibrahim
Starting from the closing of the meeting with the greatest gratitude.
2. Approving and nominating the Company’s Management, consisting of the Board of Commissioners, the Board of Directors, and Sharia Supervisory
Board, as follows:
a. Independent Commissioner : Muhammad mas’ud
Commissioner : Adhy Karyono*
Starting from the closing of this Meeting with a term of office until the closing of the 4th (Fourth) Annual General Meeting of Shareholders since
their nomination date, or after their substitute have passed compliance and performance assessment by the Financial Services Authority.
*applicable since passing compliance and performance assessment by the Financial Services Authority.
b. Director of Compliance : Tony Prasetyo
Starting from the closing of this Meeting with a term of office until the closing of the 1st (First) Annual General Meeting of Shareholders since
their nomination date, or after their substitute have passed compliance and performance assessment by the Financial Services Authority.
*applicable since passing compliance and performance assessment by the Financial Services Authority.
c. Director of Operations : Arif Suhirman
Starting from the closing of this Meeting with a term of office until the closing of the 5th (Fifth) Annual General Meeting of Shareholders since
their nomination date, or after their substitute have passed compliance and performance assessment by the Financial Services Authority.
*applicable since passing compliance and performance assessment by the Financial Services Authority.
d. Sharia Supervisory Board : KH Affifudin
Sharia Supervisory Board : Sukadiono*
Starting from the closing of this Meeting with a term of office until the closing of the 4th (Fourth) Annual General Meeting of Shareholders.
*applicable after obtaining recommendations from National Sharia Supervisory Board-the Ulema Council of Indonesia and receiving approval
from the Financial Services Authority.
360 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2024
3. GMS grants power to the Board of Commissioners to make structural division of Head and Member of Sharia Supervisory Board.
Hence, the composition of the Company’s Management consists of:
Board of Commissioners
President Commissioner : Suprajarto
Independent Commissioner : Muhammad Mas’ud
Independent Commissioner : Sumaryono
Independent Commissioner : Candra Fajri Ananda
Independent Commissioner : Adhy Karyono
Board of Directors
President Director : Busrul Iman
Director of Micro, Retail and Medium : R. Arief Wicaksono
Director of Compliance : Tonny Prasetyo
Director of Finance, Treasury & Global Services : Edi Masrianto
Director of Operations : Arif Suhirman
Director of IT & Digital : Zulhelfi Abidin
Director of Risk Management : Eko Susetyo
Sharia Supervisory Board
Sharia Supervisory Board : KH. Affifudin
Sharia Supervisory Board : Sukadiono
4. Granting power to the Board of commissioners to stipulate remuneration of the Board of Directors appointed until the notification of the results
of compliance and performance assessment of the Financial Services Authority by considering recommendations from Remuneration and
Nomination Committee.
5. Granting power and authority to the Board of Directors with the right of substitution to carry out all necessary process and actions, including
notification of the regulations as required in the applicable laws and regulations.
Status: Realized
GMS Decisions in the Fiscal Year and 1 (One) Year Prior to the Fiscal Year Realized in the Fiscal Year
All decisions of the 2024 GMS have been realized in 2024 and the 2023 GMS has been realized in 2023. So there were no decisions
of the 2023 GMS that have not been realized in 2024.
PT Bank Pembangunan Daerah Jawa Timur Tbk 361
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07 Corporate
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Board of Directors out all actions in every event, both regarding management
and ownership.
The Board of Directors is an organ of the Company which is 5. The Board of Directors may in writing delegate the
authorized and responsible for carrying out all actions related authority to represent the Company (as referred to in
to the management and ownership of the Bank for the interest point 4 above) to one or several members of the Board of
of the Bank in accordance with the Bank’s aims and objectives. Directors who have been specifically appointed or to one or
several employees of the Company, either individually or
Duties and Responsibilities of The Board of together, or to another person or entity.
Directors 6. The division of management tasks and authorities among
the members of the Board of Directors is determined based
The duties and responsibilities of the Board of Directors were on a decision of the GMS, in the event that the GMS does
stipulated in the Board of Directors Work Guidelines. The duties not stipulate, the distribution of duties and authority of the
and responsibilities of the Board of Directors are as follows: members of the Board of Directors is determined based on
1. The Board of Directors is in charge of running and being the decision of the Board of Directors.
responsible for the management of the Company for the 7. The Board of Directors based on applicable legislation can
benefit of the Company in accordance with the aims and do the following:
objectives of the Company as stipulated in the Articles a. Issue bonds.
of Association, including reviewing, monitoring and b. Buy, sell or otherwise obtain or release rights to
supervising the Company’s strategy. inventory items belonging to the bank.
2. Each member of the Board of Directors must carry out c. Binding the Bank as a guarantor of third party
their duties and responsibilities in good faith, with full obligations.
responsibility and prudence. d. Mortgaging Bank goods.
3. Each member of the Board of Directors is jointly and e. Equity participation in other companies insofar as they
severally responsible for the loss of the issuer or public do not conflict with applicable laws and regulations.
company caused by errors or negligence of the members of f. Set up new business units.
the Board of Directors in carrying out their duties. 8. The Board of Directors for certain actions has the right to
4. Members of the Board of Directors cannot be held liable for appoint one or more representatives or proxies by giving
the loss of the issuer or company if it can prove: him the power regulated in a power of attorney. Members
a. The loss is not due to an error or negligence. of the Board of Directors are prohibited from giving general
b. Has carried out management in good faith, full of power of attorney to other parties which results in the
responsibility and prudence for the interests and transfer of duties and functions of the Board of Directors.
in accordance with the aims and objectives of the 9. In terms of the Company has contrary interests to the
Company. personal interests of the Board of Directors member, then
c. Has no conflict of interest, either directly or indirectly, the Company will be represented by another member of the
over management actions that result in losses. Board of Directors and in the event that the Company has
d. Has taken steps to prevent the loss from arising or an interest that is contrary to the interests of all members
continuing. of the Board of Directors, in this case the Company is
represented by the Commissioner.
Rights and Authority of The Board of Directors 10. The Board of Directors has the right to write off claims on
interest, fines and / or other costs other than the principal
The rights and authority of the Board of Directors are as follows: amount of credit while adhering to the prevailing laws and
1. Members of the Board of Directors are given a salary regulations.
including the facilities and/or allowances. The amount 11. The Board of Directors had the right to receive remuneration
of salary along with the facilities and/or allowances of as a reward determined and given to members of the Board
members of the Board of Directors is determined based on of Directors, both permanent and variable, in cash or in cash
the resolution of the GMS and the authority of the GMS is in accordance with their duties, powers and responsibilities.
delegated to the Board of Commissioners.
2. The Board of Directors appoints and dismisses the Bank’s Term of Office of The Board of Directors
employees based on the Bank’s employment regulations
and prevailing laws and regulations. The term of office of members of the Board of Directors
3. The Board of Directors determines the organizational Directors is a maximum of 5 (five) years from the date specified
structure and work procedures of the Bank by reporting to in the GMS of appointment and ends at the close of the 5th
the commissioners. (fifth) Annual GMS after the date of appointment or until
4. The Board of Directors has the right to represent the the closing of the Annual GMS at the end of 1 (one) term of
company, both inside and outside the court on all matter, office, unless stipulated otherwise in the GMS, and may be
bind the company with other parties and vice versa, conduct reappointed for a second term if they have demonstrated
362 PT Bank Pembangunan Daerah Jawa Timur Tbk
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good performance by achieving the targets set by the General - Not involved directly or indirectly in treasonous
Meeting of Shareholders for each Director, without prejudice activities to the Republic of Indonesia.
to the rights of the General Meeting of Shareholders to dismiss
them at any time based on reasons specified in the Articles of Individuals who are capable of carrying out legal
Association. actions, unless within 5 (five) years prior to the
appointment the person concerned has:
Requirements for The Board of Directors - Declared bankrupt.
- Being a member of the Board of Directors or Board
Structure and Membership of Commissioners who is found guilty of causing a
1. The Company is managed and led by a Board of Directors company to be declared bankrupt.
consisting of at least 4 (four) Directors, one of whom is b. Material Terms
appointed as President Director. - Having competence, good moral integrity. The
2. The members of the Board of Directors are appointed and person concerned had never been involved in:
dismissed by the GMS. - Engineering acts and deviant practices in
3. Detailed procedures for the appointment of members of the management of the company/institution
the Board of Directors will be stated in a resolution of the where the person concerned worked prior to
GMS. nomination (behaving dishonestly).
- Acts of default in accordance with the
General Requirement commitments that had been agreed with
the company/institution where the person
To be appointed as a member of the Board of Directors, the concerned works prior to nomination.
following requirements are met: - Actions categorized as being able to provide
1. Healthy as physically and spiritually. unlawful benefits in the company/institution
2. Have expertise, integrity, leadership, experience, honesty, where the person concerned works prior to
good behavior, and high dedication to advancing and nomination.
developing the company. - Acts categorized as a violation of the provisions
3. Understand the implementation of regional government. relating to the principles of healthy company
4. Understand the management of the company. management (bad behavior).
5. Have adequate knowledge in the field of business of the - Have expertise in the banking or financial
company. institution sector, proven by a track record of at
6. The minimum degree is Strata I (S-1). least the last 5 (five) years and attach a photocopy
7. Minimum 5 (five) years of work experience in the managerial of a certificate from banking or financial institution
f ield of a legal entity company and has led a team. training that has been attended.
8. Never been a member of the Board of Directors, member - Having expertise in banking or financial institutions,
of the Supervisory Board, or member of the Board of as evidenced by a track record of at least the last 5
Commissioners who was found guilty of causing the (five) years and attach a photocopy of a certificate
business entity to be led to be declared bankrupt. from training in banking or financial institutions
9. Never been punished for committing a crime that was that the person had attended.
detrimental to state finances or regional finances. - The majority of members of the Board of Directors
10. Not currently undergoing criminal sanctions. must have at least 5 (five) years of experience
11. Not being an administrator of a political party, candidate in the operational field, the lowest being a bank
for regional head or candidate for deputy regional head, executive officer.
and/or candidate for member of the legislature. - Having a high commitment to the progress
12. Not a member of the Indonesian National Army Forces, and development of the company as well as a
Indonesian National Police, and/or Civil Servant, except commitment to comply with laws and regulations.
for Civil Servants assigned as temporary Directors as - Did not have non-performing credit/bad credit.
regulated in East Java Provincial Regulation Number 8 of - Having a risk management competency test
2019 concerning Regional Owned Enterprises. certificate level 5 (five), by attaching a BSMR/
13. Has fulfilled 3 (three) kinds of requirements, namely LSPP certificate. Candidates who had level 4
Formal Requirements, Material Requirements, and Other (four) certificates could register and immediately
Requirements, among others: complete BSMR/LSPP level 5 (five) to get approval
a. Formal Terms from the Financial Services Authority.
Indonesian Citizens who: - Psychologically, the person concerned had an
- Trust in the Almighty God. adequate level of Intellectual, emotional, and
- Loyal and obedient to the state and government of spiritual intelligence to carry out the duties as a
the Republic of Indonesia. member of the Board of Directors.
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c. Other Terms c. Having caused a company obtaining a permit, approval,
- Willing to comply with the prevailing laws and or registration from the financial services authority
regulations, especially in the banking sector. to fail fulfilling the obligation to submit an annual
- Having no family relationship up to the second report and/or financial report to the Financial Services
degree including fellow members of the Board Authority.
of Directors or members of the Board of 2. Especially for candidates for Directors proposed to be
Commissioners. candidates for President Director were officials who had
- Passing the fit and proper test in accordance with one level below the President Director and were still active
the provisions of the Financial Services Authority as Directors of National Commercial Banks and/or had
regarding the fit and proper test. assets at least equal to the assets of Bank Jatim.
14. Candidates for the Board of Directors may come from
Internal and/or external Bank Jatim. Board of Directors Guidelines and Work
a. Candidates for the Board of Directors from the Bank’s Procedures
internal parties must meet the following requirements:
- Active executive officers who were one level below The Board of Directors has the Board of Directors’ Work Rules
the Board of Directors. Guidelines as stated in the Board of Directors’ Decree Number
- Serving at least 2 (two) different executive 063/03/76/DIR/CSE/KEP dated May 08, 2024, concerning
positions. the Standard Operating Procedure (SOP) for the Work of the
b. For candidates for directors from external parties, the Board of Directors of PT Bank Pembangunan Daerah Jawa
Bank must meet the following requirements: Timur Tbk. This guideline is periodically evaluated and updated
- Having experience as a professional by serving as by referring to applicable regulations and provisions.
an Executive Officer in a Bank/Non-Bank financial
institution that operates nationally and/or has The Board of Directors work guidelines and procedures are
assets at least equal to the assets of Bank Jatim for binding for each member of the Board of Directors so that
the last 5 (five) years. the Board of Directors can carry out the management of the
- Having knowledge and/or expertise in the field Company efficiently, effectively, transparently, independently
required by the Issuer or Public Company. and accountably. The basis for the preparation of the guidelines
15. Having a good financial track record as evidenced by for the work rules of the Board of Directors is the Law of the
documents that have been issued by the authorized Republic of Indonesia No. 40 of 2007 concerning Limited
agency. Liability Companies, OJK Regulations relating to the Board
of Directors and Board of Commissioners of Issuers or Public
Special Requirements Companies, the Company’s Articles of Association and other
regulations.
The members of the Board of Directors who will be appointed
must meet special requirements, the details of which will be The contents of the Board of Directors work code of conduct
outlined in a GMS resolution. The company could develop include the following:
special requirements which were details of competence and 1. Introduction
other things required for prospective members of the Board of 2. Principles, Values, and Ethics of the Board of Directors
Directors according to the needs of the company which would 3. Organization and Management of the Board of Directors
then be submitted and stated in the resolution of the GMS; 4. Replacement, Appointment, and Dismissal of the Board of
1. Never been a member of the Board of Directors and/or a Directors
member of the Board of Commissioners who during the 5. Work Procedures
tenure: 6. Meeting Workflow
a. Never holding an annual GMS. 7. Performance Evaluation and Remuneration of the Board of
b. The responsibilities as a member of the Board Directors
of Directors and/or a member of the Board of 8. Documentation and Reporting
Commissioners had never been accepted by the GMS
or had not provided accountability as a member of the
Board of Directors and/ or a member of the Board of
Commissioners to the GMS.
364 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Duties of the Board of Directors
The Duties of the Board of Directors are as follows.
Table of Duties of the Board of Directors
Name Position Task field
Busrul Iman President Director Coordinating activities implementation of:
- SEVP Corporate, Syndication, and Institutional
- SEVP Consumer Banking
- SEVP Sharia Business Unit
- SEVP Corporate Transformation
- SEVP Network and Services
- Corporate Secretary
- Audit Internal Division
Edi Masrianto Director of Finance, Treasury & Global Coordinating activities implementation of:
Services - Accounting and Financial Management Division
- Treasury Division
- International Banking Division
R. Arief Wicaksono Director of Micro, Retail & Medium Coordinating activities implementation of:
- Retail & Medium Credit Division
- Micro Credit Division
Eko Susetyono Director of Risk Management Coordinating activities implementation of:
- Risk Management Division
- Credit Risk Analyst Division
- Credit Restructuring and Recovery Division
Tonny Prasetyo*) Director of Compliance Coordinating activities implementation of:
- Compliance & AML PPT Division
- Legal Division
- Policy and Procedure Division
Umi Rodiyah**) Director of Compliance Coordinating activities implementation of:
- Compliance & AML PPT Division
- Legal Division
- Policy and Procedure Division
Arif Suhirman Director of Operations Coordinating activities implementation of:
- Operations Division
- General Affairs Division
- Product Development Division
- Credit Administration Unit
Zulhelfi Abidin Director of IT & Digital Coordinating activities implementation of:
- Information Technology Division
- Digital Banking Division
- IT Security Unit
*) Dismissed at the Annual General Meeting of Shareholders for the 2023 Fiscal Year on February 07, 2024
**) Appointed at the Annual General Meeting of Shareholders (AGMS) for the 2023 Fiscal Year on February 07, 2024, and effective since the Decree of the Board of
Commissioners of the Financial Services Authority dated July 01, 2024. Before Mrs. Umi Rodiyah became effective as the Director of Compliance, Mr. Arif Suhirman
(Director of Operations) served as Acting Director of Compliance, while Mr. Zulhelfi Abidin (Director of IT & Digital) concurrently served as Acting Director of Operations.
Policy of Concurrent Position of Board of Directors
As a commercial bank, Bank Jatim was also guided by the Financial Services Authority Regulation Number 17 in 2023 concerning the
Implementation of Governance for Commercial Banks, which regulated, among others:
1. Members of the Board of Directors are prohibited from holding concurrent positions:
a. as a member of the Board of Directors, member of the Board of Commissioners, member of the Sharia Supervisory Board, or
Executive Officer at a bank, company and/or other institution.
b. in functional task areas in banking and/or non-banking financial institutions domiciled domestically or abroad.
c. in other positions that may create conflicts of interest in the execution of duties as members of the Board of Directors; and/
or
d. in other positions in accordance with the provisions of laws and regulations.
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07 Corporate
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2. It does not include concurrent positions as referred to in paragraph (1) in the event that the Board of Directors:
a. are responsible for supervising the Bank’s investments in subsidiary companies, performing functional duties as a member of
the Board of Commissioners in non bank subsidiary companies controlled by the Bank;
b. are responsible for supervising pension funds or performing duties as a member of the Supervisory Board of pension funds
owned by the Bank;
c. carry out duties as the acting director of the Bank; and/ or
d. occupy a position in a non-profit organization or institution
as long as it does not result in the individual neglecting their duties and responsibilities as a member of the Bank’s Board of
Directors.
3. The majority of members of the Board of Directors were prohibited from having family relationships to the second degree with
fellow members of the Board of Directors and/ or with members of the Board of Commissioners.
Table of Concurrent Position of Board of Directors
Position in Other Companies/ Name of Company /
Name Position
Others Agencies Other Agencies
Busrul Iman President Director - -
Edi Masrianto Director of Finance, Treasury & Global Services - -
R. Arief Wicaksono Director of Micro, Retail & Medium - -
Eko Susetyono Director of Risk Management - -
Tonny Prasetyo*) Director of Compliance - -
Umi Rodiyah**) Director of Compliance - -
Arif Suhirman Director of Operations - -
Zulhelfi Abidin Director of IT & Digital - -
*) Dismissed at the Annual General Meeting of Shareholders for the 2023 Fiscal Year on February 07, 2024
**) Appointed at the Annual General Meeting of Shareholders (AGMS) for the 2023 Fiscal Year on February 07, 2024, and effective since the Decree of the Board of
Commissioners of the Financial Services Authority dated July 01, 2024. Before Mrs. Umi Rodiyah became effective as the Director of Compliance, Mr. Arif Suhirman
(Director of Operations) served as Acting Director of Compliance, while Mr. Zulhelfi Abidin (Director of IT & Digital) concurrently served as Acting Director of Operations.
Management of Conflicts of Interest In The Meeting of The Board of Directors
Board of Director
Meeting Policy
Conflict of interest management has been established through
the Board of Directors’ Decree of PT Bank Pembangunan The policy of the Board of Directors’ Meeting of PT Bank
Daerah Jawa Timur Tbk. Number 063/03/68/KPT/KEP dated Pembangunan Daerah Jawa Timur Tbk is as follows:
April 29, 2024, concerning the Standard Operating Procedure 1. OJK Regulation Number 33/ POJK.04/2014 Date
(SOP) for Conflict of Interest of PT Bank Pembangunan Daerah December 8, 2014 concerning the Board of Directors and
Jawa Timur Tbk. This conflict of interest regulation is intended Board of Commissioners of Issuers or Public Companies;
to ensure that decision-making and its implementation 2. Board of Directors’ Decree Number 063/03/76/DIR/
are carried out based on the five governance principles: CSE/KEP dated May 08, 2024, concerning the Standard
Transparency, Accountability, Responsibility, Independency, Operating Procedure (SOP) for the Work of the Board of
and Fairness, so that the interests of the Bank and stakeholders Directors of PT Bank Pembangunan Daerah Jawa Timur
are not harmed and remain protected. Tbk.
In the event that the Bank has a conflict of interest with the In the Meeting of the Board of Directors, it is stipulated as
personal interest of a member of the Board of Directors, the follows:
Bank will be represented by another member of the Board 1. The Board of Directors is required to hold a Board of
of Directors and in the event that the Bank has an interest Directors Meeting periodically at least 1 (one) time in every
that conflicts with the interests of all members of the Board month and/ or every time.
of Directors, in this case the Bank will be represented by the 2. Meetings of the Board of Directors may be held if attended
Board of Commissioners. In the event of a conflict of interest, by a majority of all members of the Board of Directors.
Members of the Board of Directors are prohibited from taking 3. The presence of members of the Board of Directors at the
actions that may harm the Bank or reduce the Bank’s profits meeting must be disclosed in the Company’s annual report.
and must disclose the conflict of interest referred to in every 4. The Board of Directors must schedule a meeting for the
decision. following year before the end of the financial year with the
following conditions:
366 PT Bank Pembangunan Daerah Jawa Timur Tbk
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a. At the scheduled meeting, the meeting materials are submitted to the meeting participants no later than 5 (five) days before
the meeting is held.
b. In the event that a meeting is held outside the schedule that has been prepared, the meeting materials are submitted to the
meeting participants no later than before the meeting is held.
5. Decision making in the Board of Directors Meeting is based on deliberation and consensus. In the event that a consensus decision
is not reached, the decision is made based on a majority vote.
6. The Board of Directors meeting is chaired by the President Director, in the event that the President Director is absent or unable
to attend, the Board of Directors Meeting will be chaired by a member of the Board of Directors who is elected by and from the
members of the Board of Directors present.
Board of Directors Meeting Plan
No Month Estimated Meeting Implementation Meeting Agenda
1. January Week 3 Performance Evaluation of Bank Jatim
2. February Week 3 Performance Evaluation of Bank Jatim
3. March Week 3 Performance Evaluation of Bank Jatim
4. April Week 3 Performance Evaluation of Bank Jatim
5. May Week 3 Performance Evaluation of Bank Jatim
6. June Week 3 Performance Evaluation of Bank Jatim
7. July Week 3 Performance Evaluation of Bank Jatim
8. August Week 3 Performance Evaluation of Bank Jatim
9. September Week 3 Performance Evaluation of Bank Jatim
10. October Week 3 Performance Evaluation of Bank Jatim
11. November Week 3 Performance Evaluation of Bank Jatim
12. December Week 3 Performance Evaluation of Bank Jatim
Agenda, Date and Participants of The Board of Directors Meeting
Throughout 2024, the agenda, dates and participants of the Board of Directors meetings are as follows.
Table of Board of Directors Meeting
Meeting Reasons for
No. Date Agenda Attendance
participants Absence
1. January 8, 2024 1. Preparation for the GMS for the Busrul Iman Present
2023 Fiscal Year Tonny Prasetyo*) Present
2. Financial Performance of PT R. Arief Wicaksono Present
Bank Jatim as of December 2023 Edi Masrianto Present
(unaudited) Zulhelfi Abidin Present
3. Evaluation of the Board of Eko Susetyono Present
Directors’ Committee Performance Arif Suhirman Present
in 2023
2. January 23, 2024 1. Results of the Self-Assessment Busrul Iman Present
on Governance for the December Tonny Prasetyo*) Present
2023 Period Edi Masrianto Present
2. Changes in the Percentage of Zulhelfi Abidin Present
Variable Remuneration R. Arief Wicaksono Present
Eko Susetyono Not present Official travel
Arif Suhirman Not present
3. February 12, 2024 1. Financial Performance of Bank Busrul Iman Present
Jatim for January 2024 Arif Suhirman Present
2. Branch Office Performance for Edi Masrianto Present
January 2024 Zulhelfi Abidin Present
R. Arief Wicaksono Present
Eko Susetyono Present
4. March 18, 2024 1. Financial Performance of Bank Busrul Iman Present
Jatim for February 2024 Arif Suhirman Present
2. Progress of the Bank Business Edi Masrianto Present
Group (KUB) Zulhelfi Abidin Present
R. Arief Wicaksono Present
Eko Susetyono Present
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Meeting Reasons for
No. Date Agenda Attendance
participants Absence
5. March 25, 2024 1. Financial Performance Projection Busrul Iman Present
for March 2024 Arif Suhirman Present
2. Treasury Division Performance Edi Masrianto Present
3. Progress of the Bank Business Zulhelfi Abidin Present
Group (KUB) R. Arief Wicaksono Present
4. Study on Additional Business Eko Susetyono Present
Funds for the Sharia Business Unit
5. Risk Management Dashboard
6. Stress Test for the Bank Business
Plan (RBB)
6. April 22, 2024 1. Financial Performance of Bank Busrul Iman Present
Jatim for March 2024 Arif Suhirman Present
2. Proposal for the Supervisory Edi Masrianto Present
Board from the Founding Zulhelfi Abidin Not Present Permit
Representatives of Bank Jatim R. Arief Wicaksono Present
3. Preparation for the Public Eko Susetyono Present
Presentation of March 2024
Performance
7. May 14, 2024 Discussion on the Price Per Share of Busrul Iman Present
Bank NTB Syariah & Bank Business Arif Suhirman Present
Group (KUB) Timeline Edi Masrianto Present
Zulhelfi Abidin Present
R. Arief Wicaksono Present
Eko Susetyono Present
8. June 12, 2024 1. Financial Performance of Bank Busrul Iman Present
Jatim for May 2024 Arif Suhirman Present
2. Development of Credit Distribution Edi Masrianto Present
through Fintech Peer-to-Peer Zulhelfi Abidin Present
Lending by PT Amartha Mikro R. Arief Wicaksono Present
Fintech Eko Susetyono Present
3. Legal Case Handling at Bank Jatim
4. Performance of the IT, Digital &
Operations Directorate
9. June 24, 2024 BI-FAST Issues Busrul Iman Present
Arif Suhirman Present
Edi Masrianto Present
Zulhelfi Abidin Present
R. Arief Wicaksono Present
Eko Susetyono Present
10. July 3, 2024 Progress on BI-FAST Issues Busrul Iman Present
Arif Suhirman Present
Edi Masrianto Present
Zulhelfi Abidin Present
R. Arief Wicaksono Present
Eko Susetyono Present
11. July 12, 2024 Progress on BI-FAST Issues Busrul Iman Present
Umi Rodiyah**) Present
Zulhelfi Abidin Present
Edi Masrianto Present
R. Arief Wicaksono Present
Arif Suhirman Present
Eko Susetyono Not Present Official travel
12. July 22, 2024 1. KUB Plan with Bank Banten Busrul Iman Present
2. Planning for the Construction of Umi Rodiyah**) Present
the Ngawi Branch Office Building Zulhelfi Abidin Present
3. Additional Funds for the Sharia Edi Masrianto Present
Business Unit of Bank Jatim R. Arief Wicaksono Present
4. Results of the Self-Assessment Arif Suhirman Present
on Governance for the June 2024 Eko Susetyono Present
Period
5. Report on the Implementation of
AML, CFT & PFWMD
6. Financial Performance of Bank
Jatim for June 2024
13. August 14, 2024 1. Preparation for the Extraordinary Busrul Iman Present
General Meeting of Shareholders Umi Rodiyah**) Present
(EGMS) 2024 Zulhelfi Abidin Present
2. Due Diligence Report on Bank Edi Masrianto Present
Lampung R. Arief Wicaksono Present
3. Financial Performance of Bank Arif Suhirman Present
Jatim for July 2024 Eko Susetyono Present
4. Preparation for the 2024
Indonesian Independence Day and
Bank Jatim Anniversary Events
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Meeting Reasons for
No. Date Agenda Attendance
participants Absence
14. September 10, 1. Preparation for the Extraordinary Busrul Iman Present
2024 General Meeting of Shareholders Umi Rodiyah**) Present
(EGMS) of Bank Jatim in 2024 Zulhelfi Abidin Present
2. Progress of the Bank Business Edi Masrianto Present
Group (KUB) with NTB Syariah, R. Arief Wicaksono Present
Bank Lampung, and Bank Banten, Arif Suhirman Present
as well as related to the Bank Eko Susetyono Present
Business Plan
3. Follow-up on Audit Findings from
Bank Indonesia regarding BI-FAST
4. Follow-up on Audit Findings from
the Financial Services Authority
regarding BI-FAST
5. Financial Performance of Bank
Jatim for August 2024
15. October 15, 2024 1. Financial Performance of Bank Busrul Iman Present
Jatim for September 2024 Umi Rodiyah**) Present
2. Progress of the Bank Business Zulhelfi Abidin Present
Group (KUB) Edi Masrianto Present
3. Progress on BI-FAST R. Arief Wicaksono Present
4. Directorate Performance Arif Suhirman Present
Eko Susetyono Present
16. November 14, 2024 1. Financial Performance of Bank Busrul Iman Present
Jatim for October 2024 Umi Rodiyah**) Present
2. Bank Business Plan for 2025 Zulhelfi Abidin Present
3. Proposed Organizational Structure Edi Masrianto Present
Changes R. Arief Wicaksono Present
4. Preparation for the 2024 EGMS Arif Suhirman Present
5. Plan for Opening the Balikpapan Eko Susetyono Present
Branch Office
6. Progress of the Bank Business
Group
17. November 25, 2024 Progress on BI-FAST Busrul Iman Present
Umi Rodiyah**) Present
Zulhelfi Abidin Present
Edi Masrianto Present
R. Arief Wicaksono Present
Arif Suhirman Present
Eko Susetyono Present
18. December 4, 2024 1. Presentation of the Feasibility Busrul Iman Present
Study Results for Bank Southeast Umi Rodiyah**) Present
Sulawesi and Bank East Nusa Zulhelfi Abidin Present
Tenggara Edi Masrianto Present
2. Share Price Offer for Bank R. Arief Wicaksono Present
Lampung Arif Suhirman Present
3. Financial Performance of Bank Eko Susetyono Present
Jatim for November 2024
4. Proposed Organizational Structure
Changes
19. December 17, 2024 Appointment of Bank Jatim Busrul Iman Present
Representative as the Parent Umi Rodiyah**) Present
Company of Bank NTB Syariah in the Zulhelfi Abidin Present
Bank Business Group (KUB) Structure Edi Masrianto Present
according to the Shareholder R. Arief Wicaksono Present
Agreement Arif Suhirman Present
Eko Susetyono Present
20. December 23, 2024 Determination of the Share Price of Busrul Iman Present
Bank Lampung Umi Rodiyah**) Present
Zulhelfi Abidin Present
Edi Masrianto Present
R. Arief Wicaksono Present
Arif Suhirman Present
Eko Susetyono Present
*) Dismissed at the Annual General Meeting of Shareholders for the 2023 Fiscal Year on February 07, 2024
**) Appointed at the Annual General Meeting of Shareholders (AGMS) for the 2023 Fiscal Year on February 07, 2024, and effective since the Decree of the Board of
Commissioners of the Financial Services Authority dated July 01, 2024. Before Mrs. Umi Rodiyah became effective as the Director of Compliance, Mr. Arif Suhirman
(Director of Operations) served as Acting Director of Compliance, while Mr. Zulhelfi Abidin (Director of IT & Digital) concurrently served as Acting Director of Operations.
The agenda and meeting participants of the combined Board of Commissioners and the Board of Directors have been presented in
the Board of Commissioners’ Meeting section of the Corporate Governance Chapter of this annual report.
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Frequency and Attendance of Meeting
Table of Frequency and Attendance of Directors’ Meetings
Joint Meeting of the Board of
Board of Directors Meeting Directors with the Board of GMS
Commissioner
Number and Percentage of Number and Percentage of Number and Percentage of
Name Position Attendance Attendance Attendance
Num Num Num
Number Number Number
ber of ber of Percent ber of Percent
of Atten Percent age of Atten of Atten
Meet Meet age Meet age
dance dance dance
ings ings ings
Busrul President 20 20 100% 18 18 100% 3 3 100%
Iman Director
Director of 20 20 100% 18 17 94% 3 3 100%
Finance,
Edi
Treasury
Masrianto
& Global
Services
Director of 20 20 100% 18 18 100% 3 3 100%
R. Arief
Micro, Retail
Wicaksono
& Medium
Director 20 18 90% 18 18 100% 3 3 100%
Eko
of Risk
Susetyono
Management
Tonny Director of 2 2 100% 2 2 100% 1 1 100%
Prasetyo*) Compliance
Umi Director of 10 10 100% 10 10 100% 2 2 100%
Rodiyah**) Compliance
Arif Director of 20 19 95% 18 17 94% 3 3 100%
Suhirman Operations
Zulhelfi Director of IT 20 19 95% 18 18 100% 3 3 100%
Abidin & Digital
*) Dismissed at the Annual General Meeting of Shareholders for the 2023 Fiscal Year on February 07, 2024
**) Appointed at the Annual General Meeting of Shareholders (AGMS) for the 2023 Fiscal Year on February 07, 2024, and effective since the Decree of the Board of
Commissioners of the Financial Services Authority dated July 01, 2024. Before Mrs. Umi Rodiyah became effective as the Director of Compliance, Mr. Arif Suhirman
(Director of Operations) served as Acting Director of Compliance, while Mr. Zulhelfi Abidin (Director of IT & Digital) concurrently served as Acting Director of Operations.
Training and/or Enhancement of The Competency of The Board of Directors Members
In order to improve the effectiveness of the performance of the Board of Directors, capacity building was carried out such as seminars
and/ or training. This became one form of governance implementation for Commercial Banks related to the need that:
1. Members of the Board of Directors had adequate competence and were relevant to their positions to carry out their duties and
responsibilities and were able to implement their competencies in carrying out their duties and responsibilities.
2. Members of the Board of Directors had the willingness and ability to carry out continuous learning in order to increase knowledge
about banking and the latest developments related to the financial sector or other fields that support the implementation of their
duties and responsibilities.
The training and/or competency improvement that has been attended by the Board of Directors during 2024 is as follows berikut.
Types of Training and
Name Implementation Time Organizer
Position Competency Development/
and Place
Training Materials
Implementation of Financial Control and December 21-22, 2024/ PT Fortia Management
Consolidation Within the Scope of Bank Surabaya Strategi
Business Group Formation
Busrul Iman President Director Leading & Managing Your Sales Team To July 29, 2024/Surabaya PT. Academia Citra Abadi
Success With James Gwee
Risk Management Certification Program October 10, 2024/Jakarta BSMR (Risk Management
Exam Level 7 Certification Agency)
370 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Types of Training and
Name Implementation Time Organizer
Position Competency Development/
and Place
Training Materials
Implementation of Financial Control and December 21-22, 2024/ PT Fortia Management
Consolidation Within the Scope of Bank Surabaya Strategi
Business Group Formation
Director of Finance, Leading & Managing Your Sales Team To July 29, 2024/Surabaya PT. Academia Citra Abadi
Edi Masrianto Treasury & Global Success With James Gwee
Services
Alignment of Risk Management Level August 8-9, 2024/ BARA
7: Enhancing the Effectiveness of Risk Yogyakarta
Management Implementation to Achieve a
Sustainable Banking Industry
Implementation of Financial Control and December 21-22, 2024/ PT Fortia Management
Consolidation Within the Scope of Bank Surabaya Strategi
Business Group Formation
Leadership Mastery Class: The Art Of March 5, 2024/ INFOBANK INSTITUTE
Execution
R. Arief Director of Micro,
Leading & Managing Your Sales Team To July 29, 2024/Surabaya PT. Academia Citra Abadi
Wicaksono Retail & Medium
Success With James Gwee
Treasury Certification Level 7 November 10, 2024/ ACI INDONESIA
Jakarta
Risk Management Certification Program October 10, 2024/Jakarta BSMR (Risk Management
Exam Level 7 Certification Agency)
Implementation of Financial Control and December 21-22, 2024/ PT Fortia Management
Consolidation Within the Scope of Bank Surabaya Strategi
Business Group Formation
Leading & Managing Your Sales Team To July 29, 2024/Surabaya PT. Academia Citra Abadi
Director of Risk
Eko Susetyono Success With James Gwee
Management
Alignment of Risk Management Level August 8-9, 2024/ BARA
7: Enhancing the Effectiveness of Risk Yogyakarta
Management Implementation to Achieve a
Sustainable Banking Industry
Tonny Prasetyo*) Director of Compliance - - -
Implementation of Financial Control and December 21-22, 2024/ PT Fortia Management
Consolidation Within the Scope of Bank Surabaya Strategi
Business Group Formation
Leading & Managing Your Sales Team To July 29, 2024/Surabaya PT. Academia Citra Abadi
Director of Success With James Gwee
Umi Rodiyah**)
Compliance Risk Management Certification Level 7 May 15-16, 2024/Jakarta IRPA (INDO.RISK
Training PROFESSIONAL
ASSOCIATION)
Risk Management Certification Program May 16, 2024/Jakarta BSMR (Risk Management
Exam Level 7 Certification Agency)
Implementation of Financial Control and December 21-22, 2024/ PT Fortia Management
Consolidation Within the Scope of Bank Surabaya Strategi
Business Group Formation
Director of Leading & Managing Your Sales Team To July 29, 2024/Surabaya PT. Academia Citra Abadi
Arif Suhirman
Operations Success With James Gwee
Risk Management Certification Program May 13, 2024/Jakarta Banking Professional
Exam Level 7 Certification Institute
(LSPP)
Implementation of Financial Control and December 21-22, 2024/ PT Fortia Management
Consolidation Within the Scope of Bank Surabaya Strategi
Business Group Formation
Director of IT &
Zulhelfi Abidin Leading & Managing Your Sales Team To July 29, 2024/Surabaya PT. Academia Citra Abadi
Digital
Success With James Gwee
Risk Management Certification Program September 12, 2024/ BSMR (Risk Management
Exam Level 7 Jakarta Certification Agency)
*) Dismissed at the Annual General Meeting of Shareholders for the 2023 Fiscal Year on February 07, 2024.
**) Appointed at the Annual General Meeting of Shareholders for the 2023 Fiscal Year on February 07, 2024, and effective since the Decree of the Board of Commissioners
of the Financial Services Authority dated July 01, 2024. Before Mrs. Umi Rodiyah became effective as Director of Compliance, Mr. Arif Suhirman (Director of Operations)
served as Acting Director of Compliance, while Mr. Zulhelfi Abidin (Director of IT & Digital) concurrently served as Acting Director of Operations.
PT Bank Pembangunan Daerah Jawa Timur Tbk 371
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07 Corporate
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Orientation Program for New Board of Directors 7. Formation of the Malang Square Branding Team.
8. Jatimers Communities Management.
The Orientation Program is very important to be implemented, 9. Formation of the Credit/Financing Control and
because the members of the Board of Directors can come Extracomptable Recovery Team.
from various backgrounds, so that in order to form a solid 10. Extracomptable Recovery Program.
work team, the Orientation Program is mandatory to run. An 11. Sustainable Finance Action Plan Team.
orientation program regarding the Bank is provided to newly 12. JConnect Run 2024 Committee.
appointed Directors. During the 2024 Fiscal Year, based on the 13. Capital Investment Team, Establishment of Subsidiaries, and
resolution of the Annual General Meeting of Shareholders for Bank Business Groups.
the 2023 Fiscal Year held on February 07, 2024, a new member 14. Formation of the Committee for the Sale and Write-Off of
of the Board of Directors was appointed, namely Umi Rodiyah, Fixed Assets for Operational Vehicles.
as Director of Compliance, who previously served as Senior 15. Amendment to Employee Pension Fund Regulations.
Executive Vice President of the Company’s Sharia Business. 16. Formation of the New System Treasury Implementation
The orientation program provided may include presentations Team.
by participating in meetings such as the Company’s Board of 17. Recovery Plan Report Preparation Team.
Directors Meeting. 18. Resolution Plan Report Preparation Team.
19. Formation of the IT Disaster Recovery Plan (IT DRP) Team.
Board of Directors Decisions and 20. Employee Pension Fund Investment Guidelines.
Implementation of Duties 21. Board of Commissioners’ Committee Composition for 2024.
22. Guidelines for Year-End Closing and Annual Financial
During 2024 the Board of Directors has carried out their Statement Preparation.
duties, obligations, and responsibilities in order to carry out the 23. Acceleration Team for Follow-Up Supervision of BI-FAST
management of the Company as stipulated in the applicable Incidents by Bank Indonesia.
laws and regulations, the Company’s Articles of Association, 24. Implementation Guidelines for the Career Path Management
and the work plan for carrying out the duties of the Board of System.
Directors for 2024, in general, are as follows: 25. First Amendment to Organizational Structure and Work
1. Preparation of the Company’s bank business plan Procedures.
2. Implementation of IT strengthening projects and digital 26. Settlement Stimulus for Problematic or Extracomptable
banking development Credit/Financing.
3. Asset and financial management 27. Credit/Financing Market Segmentation.
4. Organizing board of Directors meetings and board of 28. Credit Committee Membership Structure.
Directors meetings with the board of Commissioners 29. Credit/Financing Approval Authority Limit (LKPK/P) of the
5. Organizing the Annual General Meeting of Shareholders for Credit Committee.
the 2023 Fiscal Year 30. Cash and Non-Cash Credit/Financing Approval Authority
6. Supervision and improvement of internal business processes Limit (LKPK/P).
7. Implementation of Good Corporate Governance in every 31. On-The-Spot (OTS) Execution Limit in the Credit/Financing
business activity Process.
8. Distribution of Corporate Social Responsibility funds for 32. Revocation of SVS and Utility Guidelines.
the company which is manifested in various activities of the 33. Risk Appetite Statement.
Bank Jatim Care. 34. Credit/Financing Restructuring for Debtors Affected by
9. Implementation of other tasks related to the management Covid-19 in Certain Regions and Sectors.
of the company. 35. Revocation of the Cek Dinda Work Guidelines.
36. Revocation of the Implementation Guidelines for Land Title
Board of Directors’ decisions issued during 2024 include: Certification Credit.
1. Formation of the Procurement Committee for Goods/ 37. Second Amendment to Organizational Structure and Work
Services for the 2024 Fiscal Year. Procedures.
2. Appointment and Designation of Project Leaders and 38. Revocation of the Code of Conduct Guidelines (Code of
Supporting Teams for the Procurement of Goods/Services Conduct) for the Mechanism Between Directors and the
within the General Division for the 2024 Fiscal Year. Board of Commissioners.
3. Appointment and Designation of the Committee for 39. Settlement Authority Limit for Transactions via ESTIM.
Inspecting the Procurement of Goods/Services for the 2024 40. Settlement Stimulus for Problematic or Extracomptable
Fiscal Year. Credit/Financing.
4. Computer Security Incident Response Team (CSIRT). 41. Credit/Financing Portfolio Guidelines.
5. Asset Liability Committee (ALCO) Decision. 42. Employee Formation Determination.
6. Land and Building Procurement Team within PT Bank 43. Third Amendment to Organizational Structure and Work
Pembangunan Daerah Jawa Timur Tbk for the 2024 Fiscal Procedures.
Year.
372 PT Bank Pembangunan Daerah Jawa Timur Tbk
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44. Revocation of the Implementation Guidelines for Medium 93. IT Development and Procurement SOP.
and Corporate Credit. 94. Revolving Fund Credit SOP.
45. Dealer Transaction Authority Limit (Dealer Limit) for 95. IT Service Provider Usage SOP.
Transactions in the Treasury Division’s Dealing Room. 96. IT Operations and Communication Network SOP.
46. Payment Bank Guarantee for Projects with a 2024 Fiscal 97. Business Continuity Plan (BCP) Treasury Transactions SOP.
Year Budget in the East Java Province. 98. Job Requirement SOP.
47. Revocation of the Implementation Guidelines (BPP) for Micro 99. Board of Commissioners’ Work Guidelines SOP.
and Small Finance Chapter XV Laguna Micro Financing. 100. Board of Commissioners’ Committee Work Guidelines SOP.
48. First Amendment to the Employee Pension Fund Governance 101. IT Internal Audit Control SOP.
Guidelines. 102. Competency Dictionary SOP.
49. SOP Corporate Secretary. 103. IT Service Provider SOP by the Bank.
50. SOP Total Reward. 104. Credit/Financing Marketing SOP.
51. SOP Term Loan Facility. 105. IT Planning SOP.
52. State Revenue Module SOP. 106. Recruitment and Selection SOP.
53. Securities Brokerage for Debt and Sukuk Instruments (PPE- 107. PSAK 71 Implementation SOP.
EBUS) SOP. 108. Operational Risk Management SOP.
54. Governance Implementation SOP for the Provision of 109. Electronic Banking and Digital Banking IT Services SOP.
Remuneration to Management and Its Facilities. 110. Personal Data Protection IT SOP.
55. Market Code of Ethics SOP for Sharia Treasury Activities. 111. Cybersecurity and Resilience SOP.
56. Vendor Management SOP. 112. Property Construction Credit SOP.
57. Payment Management SOP. 113. PSAK 50 & 55 Special Credit SOP.
58. Anti-Fraud Strategy SOP. 114. Corporate Credit SOP.
59. Credit or Financing Policy Committee (KKP) SOP. 115. Workplace Security and Order SOP.
60. Micro, Retail, and Medium Credit Process SOP. 116. Conflict of Interest SOP.
61. Credit/Financing Risk Analysis SOP. 117. Savings SOP.
62. Credit/Financing Monitoring Rating SOP. 118. BLUD Credit SOP.
63. Bank Strategic Plan and Business Plan Preparation SOP. 119. Shariah-Linked Investment Financing SOP.
64. Research SOP. 120. Current Account SOP.
65. Performance Management SOP. 121. Corporate and Syndication Loan Process SOP.
66. SOP Business Continuity Management. 122. Change Management SOP.
67. SOP Quality Assurance Operations. 123. Sustainable Finance Implementation SOP.
68. Limit Determination SOP 124. Board of Directors’ Work SOP.
69. Market Risk Management SOP. 125. PSAK 50, 55 & 60 Sharia SOP.
70. Risk Culture Development SOP. 126. Financial Literacy and Inclusion SOP.
71. Branch Supervision SOP. 127. Cash Services SOP.
72. Jatim Priority SOP. 128. Jatim Retail and Medium Credit SOP.
73. Bank Guarantee SOP. 129. Branch Supply/Remise and Banknote Handover to/from
74. Bridging Loan SOP. Counterparty SOP.
75. Fund Transfer SOP. 130. Public Relations SOP.
76. Other Banking Services SOP. 131. Corporate Social and Environmental Responsibility SOP.
77. Office Network Development SOP. 132. Jatim Micro Credit SOP.
78. Conduct, Work Ethics, and Business Ethics SOP. 133. Export/Import Credit SOP.
79. Assignment Administration SOP. 134. Property Construction Financing SOP.
80. Issuance of Debt Securities SOP. 135. Productive Financing SOP.
81. Customer Protection and Complaint Resolution SOP. 136. Cash Waqf IB Barokah SOP.
82. Disaster Recovery Plan SOP. 137. Shariah Operational Center SOP.
83. APEX BPRS SOP. 138. Bank Indonesia – SSSS SOP.
84. SOP New JConnect Mobile. 139. Office Operational Services SOP.
85. IT Security SOP. 140. ATM Card SOP.
86. SOP SMS Banking. 141. Litigation and Non-Litigation Execution SOP.
87. SOP Internet Banking. 142. Employee Formation Calculation and Determination SOP.
88. Subsidiary and Affiliate Company Management SOP. 143. BPRS Linkage SOP.
89. SOP Global Market. 144. Linkage PKPA Financing SOP.
90. GRC and TLD SOP. 145. Shariah Contract SOP.
91. IT Governance SOP. 146. Promotion and Sponsorship SOP.
92. Compliance SOP. 147. Office Network Management SOP.
PT Bank Pembangunan Daerah Jawa Timur Tbk 373
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07 Corporate
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148. Office Network Classification SOP. shall prepare the implementation materials and technical
149. Treasury Transaction Settlement SOP. implementation of each Committee of the Board of
150. Fixed Asset Management SOP. Directors during the 2024 financial year.
151. Inventory SOP. 2. The Board of Directors’ assessment of the performance of
152. Asset & Liability Committee (ALCO) SOP. the Board of Directors Committee is carried out through
153. Job Evaluation SOP. the Board of Directors Meeting.
154. Affordable Housing Credit SOP.
155. Corporate Transaction Facility SOP. The criteria used in the Board of Directors’ assessment of the
156. Customer Investment Product SOP. performance of the Board of Directors Committee include:
157. Financial Institution SOP. 1. Basis for Formation of the Committee
158. Debt and Sukuk Trading Code of Ethics SOP. 2. Committee Structure and Membership
159. AML/CFT & PEP Prevention SOP. 3. Duties, Authorities and Responsibilities of the Committee
160. AML/CFT & PEP Eradication SOP. 4. Committee Implementation Achievement
161. Cash Insurance Provider SOP. 5. Conclusion
162. Credit or Financing Service Provider SOP.
163. Credit or Financing Guarantee SOP. During 2024, the Board of Directors considered that the
164. LHKPN SOP. committees under the Board of Directors carried out their
165. Indonesia Credit Card (KKI) SOP. duties and responsibilities properly.
166. Warehouse Receipt Credit SOP.
167. Cash Collateral Financing IB Barokah SOP. Asset Liability Committee (ALCO)
168. BI-FAST SOP. ALCO is a committee for decision making on assets and
169. Affordable Housing Financing SOP. liabilities for the purposes outlined, a forum called the Asset
170. Syndication Financing SOP. Liabilities Committee (ALCO) is needed. In order to reduce and
171. Productive Financing Process SOP. eliminate risks that occur in banks, especially Liquidity Risk,
172. Shariah Payment Management SOP. Interest Rates and Exchange Rates, cooperation and active
173. QRIS SOP. participation of various decision makers on both the assets
174. Regional Public Service Agency (BLUD) Credit SOP. and liabilities side are required. Cooperation will be successful
175. Micro Business Loan (KUR) SOP. if each decision maker knows his role and the impact of his
176. Employee CAP Financing SOP. decision on overall business profits. During 2024 ALCO has
177. Property Construction Financing SOP. held 17 (seventeen) meetings.
178. Sharia KUR Financing SOP.
179. Employee Pension Fund Governance SOP. Risk Management Committee
180. Local Government (PEMDA) Credit SOP. The Risk Management Committee was formed in order to
181. BPR Linkage Credit SOP. maintain risk exposure at acceptable and profitable limits, so
182. Bank Guarantee IB Barokah SOP. that bank business activities can remain manageable and carry
183. BPRS Linkage Financing SOP. out bank business activities based on prudential principles.
184. Credit or Financing Rescue and Resolution SOP. During 2024, the Risk Management Committee has held 6 (six)
185. Consumer Protection and Complaint Resolution SOP. meetings.
186. Career Development Program SOP.
187. Umrah Multi-Service Financing IB Barokah SOP. Personnel Management Committee
188. Credit/Financing Monitoring Rating SOP. The Personnel Management Committee was formed in order to
189. Cash Collateral Credit (CCC) SOP. obtain optimal results in deciding critical matters in the f ield
190. Organizational Structure Evaluation SOP. of Human Capital in terms of strategies, policies, and During
191. IB Barokah Property Financing SOP. 2024, the Personnel Management Committee has held 16
192. IB Barokah Multipurpose Financing SOP. (sixteen) meetings.
193. Bank Business Group (KUB) SOP.
Information Technology Committee
Performance Assessment of Committees Under Part of IT governance in providing recommendations, the
The Board of Directors and The Basis of The committee must pay attention to the efficiency factor of the
Assessment IT governance in order to minimize the risk associated with the
use of IT. Bank and customers. As an embodiment of part of IT
The Board of Directors’ evaluation procedure on the governance in order to minimize the risk associated with the use
performance of the Board of Directors Committee is carried out of IT and to protect the interests of the IT Steering Committee,
in the following manner: it was formed as a manifestation of the commitment of the
1. Each Secretary of the Board of Directors Committee Board of Directors and management of Bank Jatim in the form
of active supervision of IT management. As stipulated in POJK
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MRTI, ITSC plays a role in assisting the implementation of the • Writing Off Credit and Financing Committee
duties of the Board of Directors in determining the Information During 2024, the Credit and Financing Write-Off Committee
Technology Strategic Plan and Bank policies related to the use has held 1 (one) meeting.
of Information Technology. Throughout 2024, the IT Committee
has held one meeting as part of the implementation of effective Product Committee
IT governance. Throughout 2024, the IT Committee has held 1 The Product Committee is a committee formed by the Board
(one) meeting. of Directors to discuss, determine, and evaluate business
strategies through product development, both digital and
Credit Policy Committee non-digital, and both conventional and sharia. It is including
Credit or Financing Policy Committee is a committee formed the development of products that have not existed before and
by the Board of Directors in the framework of managing credit the development of follow-up products, including conducting
policy which aims to support sound credit distribution and products evaluations (continued products, developed,
contains elements of internal control from the initial stages of discontinued, and closed). Throughout 2024, the Product
the credit activity process to the credit monitoring stage with Committee has held 2 (two) meetings.
due observance of the principle of prudence. During 2024, the
Credit Policy Committee has held 4 (four) meetings.
Mechanism of Self Resignation and Termination
Credit Committee of The Board of Directors
Conventional Credit Committee
Credit Committee is an operational committee formed by the The mechanism for resignation and dismissal of the Board of
Board of Directors to evaluate and/or provide credit decisions Directors includes:
for the amount and type of credit determined by the Board of 1. A member of the Board of Directors may submit an
Directors with due regard to business development without application to resign from his position by notifying in
abandoning prudential principles including restructuring and writing of his intentions to the Controlling Shareholders
credit settlement good. and the Company.
2. The company is obliged to hold a GMS to decide on the
Financing Committee resignation request of a member of the Board of Directors
An operational committee formed by the Board of Directors no later than 90 (ninety) days after the resignation letter is
to evaluate and/or provide financing decisions for the amount received.
and type of financing determined by the Board of Directors with 3. A member of the Board of Directors can be temporarily
due regard to business development without abandoning the suspended by the Board of Commissioners by stating the
precautionary principle including restructuring and settlement reasons and must be notified in writing to the member of
of financing. the Board of Directors concerned.
4. The Board of Commissioners must hold a GMS to revoke
• Credit Implementation Committee or affirm the decision on the temporary dismissal within
During 2024, the Credit Implementation Committee has 90 (ninety) days after the date of the temporary dismissal.
held 4 (four) meetings. With the expiration of the time period for holding the GMS
• Credit Rescue Committee or the GMS unable to make a decision, the temporary
During 2024, the Credit Rescue Committee has held 1 (one) dismissal of members of the Board of Directors by the
meeting. Board of Commissioners is canceled.
• Credit Rescue Committee 5. The Company is obliged to implement a mechanism
During 2024, the Credit Settlement Committee has held 3 for resignation and dismissal of the Board of Directors
(three) meetings. and conduct disclosure of information to the public in
• Financing Restructuring Committee accordance with OJK regulations. OJK.
During 2024, the Financing Implementation Committee
has held 3 (three) meetings.
PT Bank Pembangunan Daerah Jawa Timur Tbk 375
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07 Corporate
Governance
Board of Commissioners a. The loss is not due to an error or negligence.
b. Has conducted supervision in good faith, full of
The Board of Commissioners is the Corporate Governance organ responsibility, and prudently for the interests and
whose job is to carry out general and/or specific supervision in in accordance with the aims and objectives of the
accordance with the Articles of Association, provide advice to the Company.
Board of Directors, and ensure that the Company implements the c. Has no conflict of interest, either directly or indirectly,
principles of good corporate governance. over the supervision actions that result in losses.
d. Has taken actions to prevent such losses arising or
The Board of Commissioners is responsible to the GMS in terms continuing.
of overseeing the policies of the Board of Directors regarding e. In the event of bankruptcy due to the error or negligence
the Company’s operations in general which refer to the of the Board of Commissioners in supervising the
approved business plan, as well as ensuring compliance with all management carried out by the Board of Directors and
applicable laws and regulations. The responsibility of the Board of the Company’s assets are insufficient to pay all of the
Commissioners to the GMS is a manifestation of the supervisory Company’s obligations due to the bankruptcy, each
accountability for the management of the Business Entity in the member of the Board of Commissioners shall be jointly
implementation of the principles of good governance. and severally liable with the members of the Board of
Directors for the obligations that have not been paid;
Duties and Responsibilities of The Board of f. However, members of the Board of Commissioners
Commissioners cannot be held responsible for the bankruptcy of the
Company as referred to above, if they can prove that:
The Board of Commissioners has duties and responsibilities 1) The bankruptcy is not due to his/her fault or
that have been regulated in the Work Guidelines and Code of negligence;
Conduct, including the following: 2) Has carried out his/her supervisory duties in good
1. The Board of Commissioners is tasked with supervising faith and with due care for the interests of the
the policies and processes of management in general, both Company and in accordance with the intent and
regarding the Company and the Company’s business, and purpose of the Company;
providing advice to the Directors; 3) Has no personal interest, either directly or
2. Members of the Board of Commissioners must carry out indirectly, in the management actions by the Board
their duties and responsibilities in good faith, with full of Directors that result in bankruptcy; and
responsibility and prudent principle; 4) Has provided advice to the Board of Directors to
3. The Board of Commissioners is tasked with supervising prevent bankruptcy.
the Bank’s policies and management of the Board of
Directors, providing advice to the Board of Directors, Duties and Responsibilities of President
and is responsible for such supervision, in accordance Commissioner
with the Bank’s intent and objectives as stipulated in the
provisions of laws and regulations, articles of association, In accordance with the Regulation of Financial Services
and decisions of the GMS; Authority POJK No. 17 of 2023 concerning Implementation
4. In carrying out supervision, the Board of Commissioners is of Governance for Commercial Banks, it is stated that the
obliged to direct, monitor and evaluate the implementation Board of Commissioners must be led by the President
of governance, risk management and compliance in an Commissioner. The function of the President Commissioner
integrated manner as well as the Bank’s strategic policies, in the Governance process is none other than the coordinator
in accordance with the provisions of laws and regulations, of the Board of Commissioners’ organs as a whole, as
articles of association and/or GMS decisions; essentially the relationship between the members of the
5. The Board of Commissioners receives and exercises Board of Commissioners is equal and in the nature of an
the authority delegated and/or given to the Board of assembly; hence, they cannot act individually but based on the
Commissioners in accordance with the provisions of laws Board of Commissioners’ decision. In general, the duties and
and regulations, articles of association, and/or decisions of responsibilities of the President Commissioner are as follows:
the GMS; 1. Coordinate the implementation of the duties and
6. The Board of Commissioners may carry out other responsibilities of the Board of Commissioners.
supervisory duties and authorities. 2. Propose to hold a Board of Commissioners Meeting,
7. Each member of the Board of Commissioners is jointly including the agenda of the Meeting.
and collectively liable for the Company’s losses caused 3. Summons and chair the Board of Commissioners’ meeting.
by errors or negligence of the members of the Board of 4. Submit the supervisory report to obtain the approval of
Commissioners in carrying out their duties, unless the the Annual GMS for the implementation of the duties and
member of the Board of Commissioners concerned can supervision of the Board of Commissioners.
prove:
376 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2024
5. Ensure that the implementation of the responsibilities of 9. Provide approval for the provision of funds to related
the Board of Commissioners has been carried out according parties. Carry out active supervision of the policy in
to procedures. question.
6. Ensure that meetings of the Board of Commissioners 10. Request the Board of Directors to follow up on the findings
make decisions effectively based on true and complete of the SKAI examination.
information, including ensuring that: 11. Determine a special examination by SKAI if there are
a. All strategic and important issues are taken into allegations of fraud, irregularities, against the applicable
consideration by the Board of Commissioners. laws and regulations.
b. All existing problems are discussed carefully and 12. Evaluate and examine the follow-up to the Internal Audit
thoroughly. Report, Compliance Director Report, Public Accountant
c. All members of the Board of Commissioners are given Report, Bank Indonesia Report and BPK Report.
the opportunity to contribute effectively. 13. Consider the appointment and dismissal of the head of the
d. Each Commissioner receives relevant information internal audit work unit (SKAI) proposed by the President
in a timely manner, including a brief explanation Director.
of the issues that will be discussed at the Board of 14. Provide feedback on periodic reports submitted by the
Commissioners’ meeting. Board of Directors.
e. Board of Commissioners meetings produce clear 15. Carry out other supervisory powers as long as they do
decisions and are recorded in the minutes. notulen. not conflict with laws and regulations, the Articles of
7. Ensure that the Board of Commissioners behaves in Association and/or the resolutions of the GMS.
accordance with applicable regulations.
8. Lead efforts to meet the development needs of the Board Decision That Needs To Agree To The Board of
of Commissioners. Commissioners
9. Perform other responsibilities assigned by the Board of
Commissioners, from time to time. Decisions that require approval from the Board of
Commissioners of Bank Jatim have been regulated in the
Rights and Authorities of the Board of Board of Commissioners Work Guidelines. Matters that require
Commissioners approval from the Board of Commissioners are as follows:
1. General Meeting of Shareholders (GMS).
The rights and powers of the Board of Commissioners are to: 2. Changes in Organizational Structure;
1. Individually or collectively at any time during the working 3. Bank Business Plan (RBB);
hours of the Company’s office has the right to enter the 4. Credit provision to related parties;
building and yard or other places used or controlled by 5. Internal Audit Charter;
the Company and the right to examine all books, letters 6. Appointment and dismissal of the head of the Internal
and other evidence, check and match the cash and cash Audit Business Unit (SKAI);
conditions. others and has the right to know all the actions 7. Reports to the bank’s authority/supervisor regarding
that have been carried out by the Board of Directors. conditions that endanger the Bank’s business continuity;
2. Request an explanation from the Board of Directors 8. Semester reports from SKAI to the Bank’s Authority/
regarding all matters relating to the management of the supervisor;
Company 9. Approval of the Bank’s internal policies that must be
3. Know all the policies and actions that have been and will be ratified by the Board of Commissioners in accordance with
carried out by the Board of Directors. applicable laws and regulations; and
4. Requesting the Board of Directors and/or other officers 10. Others in accordance with the Articles of Association and
under the Board of Directors with the knowledge of the other provisions.
Board of Directors to attend the meeting of the Board of
Commissioners. Term of Office of Board of Commissioners
5. Suspend one or more members of the Board of Directors,
if the member of the Board of Directors acts contrary The term of office of a member of the Board of Commissioners
to the articles of association or the prevailing laws and is a maximum of 4 (four) years from the date specified in the
regulations. GMS of appointment and ends at the closing of the 4th (fourth)
6. The said temporary dismissal must be notified to the Annual GMS from the date of appointment or until the closing
person concerned along with the reasons. of the Annual GMS at the end of 1 (one) term period. position,
7. Form Committees under the Board of Commissioners and can be reappointed for a second term of office, after taking
in accordance with laws and regulations by taking into into account the provisions of the Financial Services Authority
account the needs of the Company. and applicable regulations and being assessed as being able to
8. Provide approval for policy guidelines regarding the carry out their functions well, without prejudice to the GMS’s
provision of funds to related parties and the provision of right to dismiss at any time.
large funds (large exposure);
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Board of Commissioners Criteria 7. Not deprived of voting rights based on court decisions.
8. Have a good financial track record, proven by documents
The criteria for the Board of Commissioners of Bank Jatim have that have been issued by the competent authority.
been stipulated in the Articles of Association of the Company 9. Meet other requirements as specified.
and the Implementation Manual are as follows:
1. Individual, Indonesian citizen who: Board of Commissioners’ Work Guidelines
a. Individual, Indonesian citizen who.
b. Faithful and obedient to the State and Government. The Board of Commissioners has a work guideline for the Board
c. Do not engage directly or indirectly in activities treason of Commissioners Number: 063/03/51/DKM/KEP dated March
against the State. 28, 2024 concerning the Standard Operating Procedure (SOP)
d. Physically and mentally healthy. for the Work Guidelines for the Board of Commissioners. The
e. Have never carried out activities that harm the State or work guidelines are periodically evaluated and updated with
conduct disgraceful actions in the banking sector. reference to applicable regulations and provisions.
f. The voting rights were not revoked based on a court
decision. Board of Commissioners’ Work Guidelines is binding for each
2. Pass the Fit and Proper Test in accordance with the member of the Board of Commissioners so that the Board
provisions of the Financial Services Authority regarding of Commissioners can carry out their supervisory functions
the Fit and Proper Test. efficiently, effectively, transparently, independently, and
3. The majority of members of the Board of Commissioners accountably. The basis for the preparation of board of
are prohibited from having family ties to the second degree commissioners’ work procedures guidelines is the Bank’s
with fellow members of the Board of Commissioners and/or Articles of Association, Law No. 40 of 2007 concerning Limited
members of the Board of Directors. Liability Companies, Financial Services Authority Regulations
4. Within 5 (five) years prior to the appointment and during and OJK Circular on the application and organs of Corporate
the term of office: Governance, and other regulations.
a. Never been declared bankrupt.
b. Never been a member of the Board of Directors and/ The Bank Jatim Board of Commissioners Work Guidelines were
or a member of the Board of Commissioners who was last updated on March 28, 2024. The contents of the Board of
found guilty of causing a company to go bankrupt. Commissioners work guidelines regulate matters including:
c. Never been convicted of committing a crime that 1. Basic Principles
caused losses to state finances and/or was related to 2. Organization & Management
the financial sector 3. Division of Tasks of the Board of Commissioners’ Supporting
d. Has never been a member of the Board of Directors Organs
and/ or a member of the Board of Commissioners who 4. Work Procedures
during his tenure: 5. Work Flow & Mechanism
- Never held an Annual GMS. 6. Administration, Documentation & Reporting
- The responsibilities as a member of the Board
of Directors and/or a member of the Board of The Supervision of The Board of Commissioners’
Commissioners have never been accepted by Supervisory Duties
the GMS or have never given accountability as a
member of the Board of Directors and/or a member In order to optimize the implementation of the functions and
of the Board of Commissioners to the GMS. duties of the Board of Commissioners, it has been determined
- Have caused a company that obtained a license, that the f ield of duties of each member of the Board of
approval, or registration from FSA to fail to fulfill Commissioners has been established. The management of the
its obligation to submit an annual report and/or f supervisory duties of the Board of Commissioners does not
inancial report to FSA. reduce the rights, obligations, responsibilities and authority
5. Not involved directly or indirectly in treasonous activities of each member of the Board of Commissioners in carrying
to the State. out their functions and duties. As for the division of functions,
6. Never carry out activities that are detrimental to the State duties and responsibilities of the Board of Commissioners as
or disgraceful actions in the banking sector follows.
378 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Table of Duties of the Board of Commissioners
Name Position Duties
Muhammad Mas’ud Independent Commissioner - Chairman of the Remuneration and Nomination Committee
- Member of the Audit Committee
- Member of the Risk Monitoring Committee
Sumaryono Independent Commissioner - Chairman of the Audit Committee
- Member of the Risk Monitoring Committee
- Member of the Remuneration and Nomination Committee
Adhy Karyono Commissioner Remuneration and Nomination Committee Members
Candra Fajri Ananda* Independent Commissioner - Chairman of the Risk Monitoring Committee
- Member of the Audit Committee
- Member of the Remuneration and Nomination Committee
Dadang Setiabudi** Independent Commissioner - Chairman of the Risk Monitoring Committee
- Member of the Audit Committee
- Member of the Remuneration and Nomination Committee
*) Resigned from his position as Independent Commissioner at the 2023 Annual GMS on February 7, 2024.
**) Appointed as Independent Commissioner at the Extraordinary GMS of 2024 dated September 26, 2024 and effective since the Decree of the Members of the Board of
Commissioners of the Financial Services Authority dated November 4, 2024
Policy of The Board of Commissioners’ Concurrent Positions
The Work Guidelines for the Board of Commissioners of Bank Jatim have regulated provisions regarding concurrent positions of the
Board of Commissioners, namely that members of the Board of Commissioners are prohibited from holding concurrent positions:
1. As a member of the Board of Directors, member of the Board of Commissioners, member of the Sharia Supervisory Board, or
Executive Officer at a financial institution or financial company, whether a bank or non-bank;
2. As a member of the Board of Directors, member of the Board of Commissioners, member of the Sharia Supervisory Board, or
Executive Officer at more than 1 (one) non-financial institution or company, whether domiciled in or outside the country;
3. In the field of functional duties at a bank financial institution and/or non-bank financial institution domiciled in or outside the
country;
4. In other positions that may give rise to a conflict of interest in carrying out duties as a member of the Board of Commissioners;
and/or;
5. In other positions in accordance with the provisions of laws and regulations.
Table of Concurrent Positions of the Board of Commissioners
Position in Other Companies/ Company Name/
Name Position
Agencies Other Institution
Muhammad Mas’ud Independent Commissioner Director of Postgraduate Studies Islamic University of Malang
Sumaryono Independent Commissioner - -
Adhy Karyono Commissioner Acting Governor of East Java East Java Province
Candra Fajri Ananda* Independent Commissioner Special Staff Ministry of Finance
Dadang Setiabudi** Independent Commissioner - -
*) Resigned from his position as Independent Commissioner at the 2023 Annual GMS on February 7, 2024.
**) Appointed as Independent Commissioner at the Extraordinary GMS of 2024 dated September 26, 2024 and effective since the Decree of the Members of the Board of
Commissioners of the Financial Services Authority dated November 4, 2024
Management of Conflicts of Interest of The Board of Commissioners
The management of conflicts of interest of the Board of 2. Not taking advantage of the Company for personal, family,
Commissioners as regulated in the Guidelines and Work of the and/or other party interests that may harm or reduce the
Board of Commissioners is as follows: Company’s profits.
1. Not involved in decision-making regarding the Company’s 3. Do not take and/or receive personal benefits from the Bank
operational activities, except for the provision of funds other than remuneration and other facilities determined by
to related parties and other matters stipulated in the the GMS.
Company’s Articles of Association or applicable laws and
regulations.
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4. Do not carry out transactions that have a conflict of interest In the event of a conflict of interest, the Board of Commissioners
and/or take personal gain either directly or indirectly from who has a conflict of interest does not use their rights/authority
the Company’s activities other than legal income as a in making decisions. Members of the Board of Commissioners
member of the Board of Commissioners. are prohibited from taking actions that may harm the Bank
5. Not being influenced by other parties in carrying out duties or reduce the Bank’s profits and must disclose the conflict of
and making decisions that lead to abuse of authority and/ interest referred to in every decision.
or improper decision making.
6. In carrying out supervision, the Board of Commissioners is Independent Commissioners
prohibited from participating in decision-making regarding
the Bank’s operational activities, except: Bank Jatim is subject to regulations issued by regulators
a. Provision of funds to related parties in accordance with regarding the existence of Independent Commissioners in the
the Financial Services Authority Regulation concerning Bank. The Bank’s Independent Commissioners are appointed
the maximum limit for providing credit and providing at least 50% (fifty percent) of the total members of the Board
large funds for general banks and the Financial Services of Commissioners. The number of Independent Commissioners
Authority Regulation concerning the maximum limit of Bank Jatim consisted of 3 (three) people out of a total of 4
for distributing funds and distributing large funds for (four) members of the Board of Commissioners. In other words,
Islamic general banks; and the composition of the Independent Commissioners of Bank
b. Other matters stipulated in the Bank’s articles of Jatim was more than 50% of the total members of the Board
association or provisions of laws and regulations. of Commissioners.
7. Disclose remuneration and other facilities received in the
Governance Implementation Report as stipulated in the Criteria for Determining Independent Commissioners
Financial Services Authority Regulation.
The criteria for determining the Independent Commissioner
During 2024, the Bank ensures that all members of the Board of Bank Jatim are regulated in the articles of association
of Commissioners have no conflict of interest or potential and in the guidelines for the implementation of the Board of
conflict of interest against Bank Jatim. Commissioners of Bank Jatim that are adjusted according
to the applicable rules including Circular Letter of the
In carrying out the duties, authorities, obligations, and Financial Services Authority Regulation No. 17 of 2023
responsibilities of each Board of Commissioners of Bank Jatim regarding Governance Implementation for Commercial
must always base themselves on job ethics. All members of Banks and Regulation of Financial Services Authority No. 33/
the Board of Commissioners must avoid potential conflicts POJK.04/2014 regarding Board of Directors and Board of
of interest or always position themselves so as not to be in a Commissioners of Issuers or Public Companies, among others
potential conflict of interest in any situation as stated in the it is explained that Independent Commissioners must meet the
Board of Commissioners Work Guidelines. following requirements:
Independent Commissioner
Independent Commissioner Criteria
Candra Fajri Muhammad Dadang
Sumaryono
Ananda* Mas’ud Setiabudi**
Members of the Board of Commissioners who do not have
financial relationships, management relationships, share
ownership relationships, family relationships with other
√ √ √ √
members of the Board of Commissioners, the Board of Directors
and/or Controlling Shareholders or relationships with the Bank,
which may affect their ability to act independently.
Not a person who works or has the authority and responsibility
to plan, lead, control or supervise the activities of the Issuer
or Public Company in the last 6 (six) months, except for √ √ √ √
reappointment as an Independent Commissioner of the Issuer
or Public Company in the following period.
380 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Independent Commissioner
Independent Commissioner Criteria
Candra Fajri Muhammad Dadang
Sumaryono
Ananda* Mas’ud Setiabudi**
Does not have shares either directly or indirectly in the Issuer
√ √ √ √
or Public Company.
Does not have an affiliated relationship with the Issuer or Public
Company, member of the Board of Commissioners, member of
√ √ √ √
the Board of Directors, or Major Shareholder of the Issuer or
Public Company.
Does not have any direct or indirect business relationship related
√ √ √ √
to the business activities of the Issuer or Public Company.
* Resigned from his position as Independent Commissioner at the 2023 Financial Year GMS on February 7, 2024.
** Appointed as Independent Commissioner at the EGMS on September 26, 2024 and effective since the Decree of the Members of the Board of Commissioners of the
Financial Services Authority dated November 4, 2024
The presence of an Independent Commissioner is intended to be able to encourage the creation of an objective climate and work
environment, placing fairness and equality among various interests, including the interests of minority shareholders and other
stakeholders.
Independent Commissioner must be free from conflicts of interest. In order to support the implementation of the Company’s GCG,
shareholders in the GMS determine the Independent Commissioners with the number and requirements as stipulated in the laws and
regulations to carry out supervisory duties towards the Bank.
Independent Commissioner’s Statement
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Meeting of Board of Commissioners Internal Meeting of Board of Commissioners
Meeting Policy INTERNAL MEETING PLAN OF THE BOARD OF
COMMISSIONERS
The Board of Commissioners must hold regular meetings, and
arrange a meeting schedule for the following year before the The Board of Commissioners has drawn up plans for a meeting
end of the financial year. in 2024 in the Work Program of the Board of Commissioners.
1. The implementation of the meeting can be divided into two, The Board of Commissioners Meeting Plan is prepared as a
namely: guideline in the implementation of the meeting in accordance
a. Internal meetings of the Board of Commissioners. with the time specified both the internal meeting of the Board
b. Meetings of the Board of Commissioners with the of Commissioners and the meeting with the Board of Directors,
Board of Directors and/or Head of Work Unit (Division) among others as follows:
in accordance with the topic discussed. Quarter I
2. Internal meetings of the Board of Commissioners must be • Monthly Review on Bank Performance.
held regularly at least once every 2 (two) months (6 (six) • Review and approval of the Annual Report and Consolidated
times a year). Financial Statements for the 2024 Audited Fiscal Year.
3. Meetings of the Board of Commissioners with the Board of • Quarterly Review on Bank Performance for 2024.
Directors must be held regularly at least once every 2 (two) • Preparation for the 2024 Annual General Meeting of
months (6 (six) times a year). Shareholders.
4. Meetings can also be held at any time at the request of 1 • Program review and performance appraisal of the Board of
(one) or several Members of the Board of Commissioners Commissioners and Committees.
or at the request of the Board of Directors, stating matters • Quarterly Review of Risk Profile, Business Activities, IT, HR
to be discussed. and Annual Strategic Initiatives for Fiscal Year 2024.
5. Meetings of the Board of Commissioners and/or Meetings
of the Board of Commissioners with the Board of Directors Quarter II
can be thematic in accordance with existing problems • Monthly Review on Bank Performance.
under certain conditions; • Quarterly Review of Risk Profile, Business Activities, IT,
6. At the meeting that has been scheduled, meeting materials HR and Other Strategic Initiatives for the Quarter I/2024
are submitted to participants no later than 5 (five) days period.
before the meeting is held. • Supervision and evaluation of the Bank’s Soundness Level,
7. In the event that a meeting is held outside the schedule set Risk Management, Governance Implementation, as well
out in point 6, the meeting materials shall be submitted to as a review of the compliance function report and the
the meeting participants no later than before the meeting implementation of the Compliance Director’s duties.
is held. • Discussion on preparation of the Board of Commissioners’
8. The meeting of the Board of Commissioners is chaired by supervisory report on the RBB for semester 1.
the President Commissioner, in the event that the President • Discussion of the Nomination Process for Candidates for
Commissioner is unable to attend or is absent which does Bank Management.
not need to be proven to a third party, the meeting of the • Review of Bank’s internal policies/regulations (BPP/SOP).
Board of Commissioners is chaired by a member of the
Board of Commissioners who is elected by and from the Quarter III
members of the Board of Commissioners who are present. • Monthly Review on Bank Performance
9. A member of the Board of Commissioners can be • Quarterly Review of Risk Profile, Business Activities, IT,
represented in a meeting of the Board of Commissioners HR and Other Strategic Initiatives for the Quarter II/2024
only by another member of the Board of Commissioners period.
based on a power of attorney. • Discussion of the Company’s 2024 Work Plan and Budget.
10. Meetings of the Board of Commissioners are valid and have • Discussion of the Nomination Process for Candidates for
the right to make binding decisions if more than ½ (one Bank Management.
half) of the total members of the Board of Commissioners • Discussion of the process of selecting a Public Accounting
are present or represented at the meeting. Firm (KAP) for the 2024 Financial Statement Audit.
11. Decisions of the Board of Commissioners meeting must be
made based on deliberation to reach consensus. Quarter IV
12. If a decision cannot be made by deliberation to reach a • Monthly Review on Bank Performance.
consensus, the decision is made by voting based on a vote • Quarterly Review of Risk Profile, Business Activities, IT,
in agreement of at least more than ½ (one half) of the HR and Other Strategic Initiatives for the Quarter III/2023
number of votes cast in the meeting. period.
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• Approval of the Bank’s 2024 Business Plan, Sustainable Finance Action Plan;
• Supervision and evaluation of the Bank’s Soundness Level, Risk Management and, Implementation of governance, as well as
review of compliance function reports and implementation of the Compliance Director’s duties;
• Approval of the Bank Business Plan;
• Discussion on the preparation of the Work Program and Budget for the Board of Commissioners and Committees for 2025; And
• Preparation of a governance implementation report for the 2024 financial year.
REALIZATION OF THE INTERNAL MEETING OF THE BOARD OF COMMISSIONERS
Throughout 2024, the agenda, dates and participants of the Board of Commissioners Meetings are as follows.
Table of Board of Commissioners Meetings
Reason for
No Date Meeting Agenda Meeting participants Attendance Absence
1 January 24, 2024 Appointment of GMS Leaders and Division Muhammad Mas’ud Present
of Duties of the Board of Commissioners in
Adhy Karyono Present
the GMS for the 2023 Financial Year
Sumaryono Present
Candra Fajri Ananda* Not Present Permit
2 January 29, 2024 Discussion of Remuneration and Muhammad Mas’ud Present
Nomination Committee Recommendations
Adhy Karyono Not Present Permit
Sumaryono Present
Candra Fajri Ananda* Present
3 March 21, 2024 Follow-up Update Regarding the Results of Muhammad Mas’ud Present
the Financial Services Authority Inspection
Adhy Karyono Not Present Permit
Sumaryono Present
4 March 28, 2024 1. Discussion on Updating the SOP of the Muhammad Mas’ud Present
Board of Commissioners and the Board
Adhy Karyono Not Present Permit
of Commissioners Committee
2. Discussion on the Remuneration Sumaryono Present
and Nomination Committee
Recommendations Regarding THR for
Management
5 April 06, 2024 1. Discussion of the Board of Adhy Karyono Present
Commissioners› Directions at the Joint
Muhammad Mas’ud Present
Board of Commissioners Meeting with
the Board of Directors (Radirkom March Sumaryono Present
21, 2024)
2. Discussion of the Financial Services
Authority Letter Number SR-18/
KO.14/2024 dated March 18, 2024
concerning Follow-up to the Bank›s
Board of Commissioners Composition
Report
6 May 06, 2024 Performance Insight and Overview with Muhammad Mas’ud Present
Finance, Treasury & Global Services
Adhy Karyono Not Present Permit
Directorate
Sumaryono Present
7 June 03, 2024 Performance Insight and Overview with Muhammad Mas’ud Present
Operations Directorate
Adhy Karyono Not Present Permit
Sumaryono Present
8 June 03, 2024 Board of Directors› Review of Adjustment Muhammad Mas’ud Present
of Bank Business Plan (RBB) 2024
Adhy Karyono Not Present Permit
Sumaryono Present
9 June 21, 2024 Discussion of Remuneration & Nomination Muhammad Mas’ud Present
Committee Recommendations Regarding
Adhy Karyono Present
Candidates for Bank Jatim Management
Sumaryono Present
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Reason for
No Date Meeting Agenda Meeting participants Attendance Absence
10 July 09, 2024 In-depth and Overview of Amartha Muhammad Mas’ud Present
Fintech Performance with the Micro
Adhy Karyono Present
Retail & Medium Directorate and the Risk
Management Directorate Sumaryono Present
11 August 08, 2024 1. Recommendation of the Remuneration Muhammad Mas’ud Present
& Nomination Committee Regarding
Adhy Karyono Not Present Permit
the Provision of Remuneration for
Management Sumaryono Present
2. Plan for the Implementation of the 2024
Bank Jatim Extraordinary GMS
12 September 04, 2024 1. Recommendation of the Remuneration Muhammad Mas’ud Present
& Nomination Committee Regarding the
Adhy Karyono Not Present Permit
Remuneration Evaluation for the Sharia
Supervisory Board Sumaryono Present
2. Appointment of the Leader of the 2024
EGMS
13 October 01, 2024 Evaluation of Bank Jatim Organizational Muhammad Mas’ud Present
Structure
Adhy Karyono Not Present Permit
Sumaryono Present
14 October 23, 2024 Discussion of Assessment of Candidate Muhammad Mas’ud Present
Members of the Remuneration &
Adhy Karyono Not Present Permit
Nomination Committee (Independent
Party) Sumaryono Present
15 October 23, 2024 Discussion of Career Path Account Officer Muhammad Mas’ud Present
(AO) and Funding Officer (FO)
Adhy Karyono Not Present Permit
Sumaryono Present
16 October 30, 2024 Progress of Public Accounting (AP)/Public Muhammad Mas’ud Present
Accounting Firm (KAP) Procurement to
Adhy Karyono Not Present Permit
Conduct Financial Statement Audit of PT
Bank Pembangunan Daerah Jawa Timur Sumaryono Present
Tbk (Bank Jatim) in 2024
17 November 18, 2024 The discussion includes: Muhammad Mas’ud Present
1. Discussion of the Work Program &
Adhy Karyono Not Present Permit
Budget of the Board of Commissioners
and Committees for 2025 Sumaryono Present
2. Discussion of the Composition
of Membership of the Board of
Commissioners Committees
3. Appointment of the Leader of the
2024 Extraordinary General Meeting of
Shareholders
Dadang Setiabudi* Present
Note:
* Resigned from his position as Independent Commissioner at the 2023 Financial Year GMS on February 7, 2024.
** Appointed as Independent Commissioner at the EGMS on September 26, 2024 and effective since the Decree of the Members of the Board of Commissioners of the
Financial Services Authority dated November 4, 2024
Joint Meeting of the Board of Commissioners and the Board of Directors
The Joint Meeting of the Board of Commissioners with the Board of Directors consists of a Joint Meeting of the Board of Commissioners
inviting the Board of Directors or vice versa.
386 PT Bank Pembangunan Daerah Jawa Timur Tbk
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REALIZATION OF JOINT MEETINGS OF THE BOARD OF COMMISSIONERS AND THE BOARD OF DIRECTORS
Throughout 2024, the agenda, dates and participants of the joint meetings of the Board of Commissioners and the Board of Directors
are as follows.
Table of Joint Meetings of the Board of Commissioners and Directors
Board of Board of
Present/ Present/ Reason for
No Meeting Commissioners Reason for Directors
Date Not Not Absence
Agenda Meeting Absence Meeting
Present Present
Participants Participants
1 January 9, Preparation for Muhammad Mas’ud Present Busrul Iman Present
2024 Bank Jatim’s
Annual General
Sumaryono Present Tonny Present
Meeting of
Prasetyo**
Shareholders for
the 2023 Fiscal Candra Fajri Ananda* Not Permit Arief Wicaksono Present
Year Present
Adhy Karyono Not Permit Eko Susetyono Present
Present
Edi Masrianto Present
Zulhelfi Abidin Present
Arif Suhirman Present
2 January 25, Governance Self Busrul Iman Present
2024 Assessment
Muhammad Mas’ud Present Tonny Present
Results for
Prasetyo**
December 2023
Candra Fajri Ananda* Not Permit Arief Wicaksono Present
Present
Sumaryono Present Eko Susetyono Present
Adhy Karyono Present Edi Masrianto Present
Zulhelfi Abidin Present
Arif Suhirman Not Business Travel
Present
3 February 21, Muhammad Mas’ud Present Busrul Iman Present
2024
Bank Jatim Adhy Karyono Present Arif Suhirman Present
Performance
January 2024 Candra Fajri Ananda* Not Permit Arief Wicaksono Present
Position Present
Sumaryono Present Eko Susetyono Present
Edi Masrianto Present
Zulhelfi Abidin Present
4 March 21, Bank Jatim Muhammad Mas’ud Present Busrul Iman Present
2024 Financial
Performance
Sumaryono Present
Position
February 2024 Adhy Karyono Not Permit Arief Wicaksono Present
Present
Eko Susetyono Present
Edi Masrianto Present
Zulhelfi Abidin Present
Arif Suhirman Present
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Board of Board of
Present/ Present/ Reason for
No Meeting Commissioners Reason for Directors
Date Not Not Absence
Agenda Meeting Absence Meeting
Present Present
Participants Participants
5 April 26, Bank Jatim Muhammad Mas’ud Present Busrul Iman Present
2024 Financial
Adhy Karyono Not Permit
Performance
Present
March 2024
Sumaryono Present Arief Wicaksono Present
Eko Susetyono Present
Edi Masrianto Present
Zulhelfi Abidin Present
Arif Suhirman Present
6 May 20, Bank Jatim Muhammad Mas’ud Present Busrul Iman Present
2024 Financial
Performance
Sumaryono Present
Position
April 2024 Adhy Karyono Not Permit Arief Wicaksono Present
Present
Eko Susetyono Present
Edi Masrianto Present
Zulhelfi Abidin Present
Arif Suhirman Present
7 June 21, Bank Jatim Muhammad Mas’ud Present Busrul Iman Present
2024 Financial
Performance
Sumaryono Present
Position
May 2024 Adhy Karyono Not Permit Arief Wicaksono Present
Present
Eko Susetyono Present
Edi Masrianto Present
Zulhelfi Abidin Present
Arif Suhirman Present
8 July 04, BI FAST Muhammad Mas’ud Present Busrul Iman Present
2024 Discussion
Adhy Karyono Present Arief Wicaksono Present
Sumaryono Present Eko Susetyono Present
Edi Masrianto Present
Zulhelfi Abidin Present
Arif Suhirman Present
9 July 29, Business Group Muhammad Mas’ud Present Busrul Iman Present
2024 Plan
Adhy Karyono Present Umi Present
Bank with Bank
Rodiyah***)
Banten
Sumaryono Present Arief Wicaksono Present
Eko Susetyono Present
Edi Masrianto Present
Zulhelfi Abidin Present
Arif Suhirman Present
10 July 29, Self Assessment Muhammad Mas’ud Present Busrul Iman Present
2024 Results of Bank
Jatim Governance
Adhy Karyono Present Umi Present
Period June 2024
Rodiyah***)
Sumaryono Present Arief Wicaksono Present
Eko Susetyono Present
Edi Masrianto Present
Zulhelfi Abidin Present
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Board of Board of
Present/ Present/ Reason for
No Meeting Commissioners Reason for Directors
Date Not Not Absence
Agenda Meeting Absence Meeting
Present Present
Participants Participants
Arif Suhirman Present
11 July 29, AML, CFT Muhammad Mas’ud Present Busrul Iman Present
2024 & PFWMD
Implementation
Adhy Karyono Present Umi Present
Report
Rodiyah***)
Sumaryono Present Arief Wicaksono Present
Eko Susetyono Present
Edi Masrianto Present
Zulhelfi Abidin Present
Arif Suhirman Present
12 July 29, Bank Jatim Muhammad Mas’ud Present Busrul Iman Present
2024 Financial
Performance
Adhy Karyono Present Umi Present
June 2024 Period
Rodiyah***)
Sumaryono Present Arief Wicaksono Present
Eko Susetyono Present
Edi Masrianto Present
Zulhelfi Abidin Present
Arif Suhirman Present
13 August 26, Bank Lampung Muhammad Mas’ud Present Busrul Iman Present
2024 Due Diligence
Report by
Adhy Karyono Not Permit Umi Present
Independent
Present Rodiyah***)
Consultant
Sumaryono Present Arief Wicaksono Present
Eko Susetyono Present
Edi Masrianto Present
Zulhelfi Abidin Present
Arif Suhirman Present
14 August 26, Bank Jatim Muhammad Mas’ud Present Busrul Iman Present
2024 Financial
Performance for
Adhy karyono Not Permit Umi Present
the Period of July
Present Rodiyah***)
2024
Sumaryono Present Arief Wicaksono Present
Eko Susetyono Present
Edi Masrianto Present
Zulhelfi Abidin Present
Arif Suhirman Present
15 September 1. Progress of Muhammad Mas’ud Present Busrul Iman Present
23, Preparation
2024*****) for the
Extraordinary
Adhy Karyono Present Umi Present
General
Rodiyah***)
Meeting of
Shareholders Sumaryono Present Arief Wicaksono Present
(EGMS) in 2024
2. Financial Eko Susetyono Present
Performance of Edi Masrianto Present
Bank Jatim for
the Period of Zulhelfi Abidin Present
August 2024
Arif Suhirman Present
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Board of Board of
Present/ Present/ Reason for
No Meeting Commissioners Reason for Directors
Date Not Not Absence
Agenda Meeting Absence Meeting
Present Present
Participants Participants
16 October 24, 1. Progress of Muhammad Mas’ud Present Busrul Iman Present
2024 Bank Business
Group (KUB)
Adhy Karyono Not Permit Umi Present
Implementation
Present Rodiyah***)
2. Bank Jatim
Stock Sumaryono Present Arief Wicaksono Present
Performance
3. Bank Jatim Eko Susetyono Present
Financial Edi Masrianto Present
Performance
for the period Zulhelfi Abidin Present
September
Arif Suhirman Present
2024
4. Plan for
Implementation
of
Extraordinary
General
Meeting of
Shareholders in
2024
17 November 1. Bank Business Muhammad Mas’ud Present Busrul Iman Present
18, 2024 Plan (RBB)
2025
Adhy Karyono Present Umi Present
2. Changes in
Rodiyah***)
Organizational
Structure Sumaryono Present Arief Wicaksono Present
3. Preparation
for the 2024 Dadang Present Eko Susetyono Present
Extraordinary Setiabudi****)
General Present Edi Masrianto Present
Meeting of
Shareholders Zulhelfi Abidin Present
(EGMS)
Arif Suhirman Present
4. Bank Jatim
Financial
Performance
October 2024
3. Progress of
Bank Business
Group
4. BI FAST
Progress
390 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Board of Board of
Present/ Present/ Reason for
No Meeting Commissioners Reason for Directors
Date Not Not Absence
Agenda Meeting Absence Meeting
Present Present
Participants Participants
18 December 1. Feasibility Study Muhammad Mas’ud Present Busrul Iman Present
10, 2024 Results of Bank
of Southeast
Adhy Karyono Not Permit Umi Present
Sulawesi and
Present Rodiyah***)
East Nusa
Tenggara Sumaryono Present Arief Wicaksono Present
2. Bank Lampung
Stock Price
Offer Dadang Present Eko Susetyono Present
3. Bank Jatim Setiabudi****)
Financial
Performance
November
2024
Edi Masrianto Not Leave
Present
Zulhelfi Abidin Present
Arif Suhirman Present
Note:
*) Resigned from his position as Independent Commissioner at the 2023 Annual GMS on February 7, 2024.
**) Dismissed at the Annual General Meeting of Shareholders for the 2023 Financial Year on February 7, 2024
***) Appointed at the Annual GMS for the 2023 Financial Year on February 7, 2024 and effective since the Decree of the Members of the Board of Commissioners of the
Financial Services Authority dated July 1, 2024. Before Mrs. Umi Rodiyah became effective as Director of Compliance, Mr. Arif Suhirman (Director of Operations) was
Acting Director of Compliance while Mr. Zulhelfi Abidin (Director of IT & Digital) concurrently served as Acting Director of Operations.
****) Appointed as Independent Commissioner at the Extraordinary GMS on September 26, 2024 and effective since the Decree of the Members of the Board of
Commissioners of the Financial Services Authority dated November 4, 2024.
*****) Meeting of the Board of Commissioners with the Board of Directors and the Sharia Supervisory Board
Frequency and Participants of Board of Commissioners’ Meetings
During 2024, the Board of Commissioners has conducted and attended 17 (seventeen) internal meetings and 18 (eighteen) joint
meetings of the Board of Commissioners and the Board of Directors. The frequency and attendance of meetings for each member of
the Board of Commissioners can be seen in the table below.
Table of Frequency and Participants of Board of Commissioners Meetings
Joint Meeting of Board of GMS
Board of Commissioners Meeting
Commissioners with Board of Directors
Name Number and Percentage of Attendance Number and Percentage of Attendance Number and Percentage of Attendance
Position
Number Number Number
Number of Number of Number of
of Percentage of Percentage of Percentage
Attendance Attendance Attendance
Meetings Meetings Meetings
Muhammad Independent 18 18 100% 17 17 100% 3 3 100%
Mas’ud Commissioner
Adhy 18 3 17% 17 9 53% 3 3 100%
Commissioner
Karyono
Independent 18 18 100% 17 17 100% 3 3 100%
Sumaryono
Commissioner
Candra Fajri Independent 18 - 100% 3 - 0% 1 1 100%
Ananda* Commissioner
Dadang Independent 18 2 100% 2 2 100% 1 1 100%
Setiabudi** Commissioner
*) Resigned from his position as Independent Commissioner at the 2023 Annual GMS on 7 February 2024.
**) Appointed as Independent Commissioner at the Extraordinary GMS on September 26, 2024 and effective since the Decree of the Members of the Board of Commissioners
of the Financial Services Authority dated November 4, 2024
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Training and/or Increasing Competence of Members of The Board of Commissioners
In general, the policy regarding the development of the 1. Increasing the insight and knowledge of the Board of
competency of members of the Board of Commissioners of Commissioners in accordance with their fields and business
Bank Jatim is regulated in the Board of Commissioners Work developments.
Manual No. 063/03/51/DKM/KEP dated March 28, 2024. In 2. Increasing relationships and relationships with external
the Work Guidelines for the Board of Commissioners, it was stakeholders.
stated that the Board of Commissioners should always improve 3. Supporting the implementation of duties and
knowledge and insight by following developments in the responsibilities supported by knowledge of educational
banking industry in particular and the business world in general outcomes.
so that it had a positive impact on the operations of Bank Jatim, 4. Developing professional knowledge, competence
one of which was through education programs/ training to and leadership abilities of the Directors and Board of
improve the competence. Commissioners in line with the latest developments in the
industry and good corporate governance.
Specifically related to the implementation of education/ 5. Increasing awareness that education, introduction and
training programs to improve the competence of the Board development programs for the Board of Commissioners
of Commissioners, it was arranged in the work program of the became an important part of the company’s learning
Board of Commissioners every year. Competency development and development process in addition to strengthening
aimed to: the structure and strengthening corporate governance.
perusahaan.
The trainings and/or competency improvements that the Board of Commissioners participated in 2024 are as follows.
Types of Training and Development
Name Time and Place of Organizer
Position Materials
Implementation
Competence/Training
Muhammad Independent Risk Management Certification Alignment Jakarta, July 09-11, 2024 BSMR
Mas’ud Commissioner Program for Directors and Board of
Commissioners of Commercial Banks
Qualification 6 Without Tiering Banking Jakarta, July 12, 2024 BSMR
Risk Management
National Seminar “Implementation of the Batam, July 18 2024 FKDK-BPDSI
Board of Commissioners’ Supervisory
Function on APU, PPT & PPPSPM Programs
(Anti-Money Laundering, Prevention
of Terrorism Funding and Prevention
of Proliferation of Mass Destruction
Weapons)”
National Seminar “Implementation of PP Bali, October 9, 2024 FKDK-BPDSI
Number 54 of 2017, Permendagri 37 of
2018, and Utilization and Optimization of
Regional Cash in BPD”
National Seminar “Optimization of the Solo, December 05, 2024 FKDK-BPDSI
Role of the Board of Commissioners in the
Implementation of Market Conduct in the
Framework of BPDSI Consumer Protection,
and Leadership Program for the BPDSI
Board of Commissioners”
Adhy Karyono Commissioner - - -
Sumaryono Independent Risk Management Certification Alignment Jakarta, May 28-30, 2024 BSMR
Commissioner Program for Directors and Board of
Commissioners of Commercial Banks
Qualification 6 Without Tiering Banking Jakarta, May 31, 2024 BSMR
Risk Management
National Seminar “Implementation of the Batam, July 18, 2024 FKDK-BPDSI
Board of Commissioners' Supervisory
Function on APU, PPT & PPPSPM Programs
(Anti-Money Laundering, Prevention
of Terrorism Funding and Prevention
of Proliferation of Weapons of Mass
Destruction)” Funding for the Proliferation
of Mass Destruction Weapons)”
National Seminar “Implementation of PP Bali, October 9, 2024 FKDK-BPDSI
Number 54 of 2017, Permendagri 37 of
2018, and Utilization and Optimization of
Regional Cash in BPD”
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Types of Training and Development
Name Time and Place of Organizer
Position Materials
Implementation
Competence/Training
Risk Management Certification Alignment Solo, December 05, 2024 FKDK-BPDSI
Program for Directors and Board of
Commissioners of Commercial Banks
Candra Fajri Independent - - -
Ananda* Commissioner
Dadang Independent National Seminar “Optimizing the Role Solo, December 05, 2024 FKDK - BPDSI
Setiabudi** Commissioner of the Board of Commissioners in the
Implementation of Market Conduct in the
Framework of BPDSI Consumer Protection,
and Leadership Program for the BPDSI
Board of Commissioners”
*) Resigned as Independent Commissioner at the Annual General Meeting of Shareholders for the 2023 Financial Year on February 7, 2024
**) Appointed as Independent Commissioner at the Extraordinary General Meeting of Shareholders on September 26, 2024 and effective since the Decree of the Financial
Service Authority Members of the Board of Commissioners dated November 4, 2024
Orientation Program for New Board of Commissioners Procedures and Frequency of Giving Advice
The Orientation Program is very important to be implemented, Providing advice from the Board of Commissioners to the Board
because the members of the Board of Directors can come from of Directors through written letters or at meetings. Meetings
various backgrounds, so that in order to form a solid work team, held by the Board of Commissioners are divided into 2 (two),
the Orientation Program is mandatory to run. The provisions namely:
concerning the Orientation program must be given to Directors 1. Internal meetings of the Board of Commissioners.
who are taking office for the first time must be given an 2. Meetings of the Board of Commissioners and the Board of
orientation program regarding the Bank. Directors.
The orientation program that is given can be in the form of In addition to these two meetings, the Board of Commissioners
participantss, meetings or visits to the Company’s facilities, also conducts coordination meetings with the Committees
introductions to Division Leaders, Groups and employees of the under the Supervision of the Board of Commissioners
Company and other programs. consisting of Audit Committee Meetings, Risk Monitoring
Committee Meetings and Remuneration and Nomination
In 2024, there was 1 (one) new Independent Commissioner Committee Meetings.
appointed by the GMS, namely Dadang Setiabudi (Independent
Commissioner). The introduction program for the new Recommendations, Implementation of Duties of
Independent Commissioner was implemented in stages with The Board of Commissioners, and Supervision of
the delivery of materials including the following information: The Company’s Strategy Implementation
1. The Company’s vision, mission, organizational structure,
business activities and operational network Throughout 2024 the Board of Commissioners provided
2. Annual Report, Corporate Plan, and Bank Business recommendations and carried out the duties and responsibilities
Plan (RBB), Company Code of Ethics, Bank Jatim Work of the Board of Commissioners through forums, including:
Culture, Company Articles of Association, and Board of 1. Board of Commissioners Meeting
Commissioners Work Procedure Guidelines 2. Meetings with the Committees under the Board of
3. Good Corporate Governance, duties, authorities and Commissioners
responsibilities of the Board of Commissioners and Board 3. On site visit of the Board of Commissioners.
of Directors, delegation of authority and limitations of
the authority of the Board of Commissioners in carrying In 2024, the Board of Commissioners issued 15 (fifteen)
out supervisory duties towards the company based on letters of approval which became the authority of the Board of
applicable laws and regulations. Commissioners as stipulated in the Articles of Association and
4. Committees under the Board of Commissioners which applicable regulations. Some of these approvals are as follows.
are formed and directly responsible to the Board of
Commissioners, and the Board of Commissioners
Secretariat which helps smooth the implementation of the
Board of Commissioners’ duties;
5. Remuneration and facilities provided to members of the
Board of Commissioners
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No. Letter Date About
1 January 11, 2024 Approval of the Annual General Meeting of Shareholders Implementation for the 2023 Fiscal Year of PT Bank
Pembangunan Daerah Jawa Timur Tbk
2 January 17, 2024 Approval of the Preparation of the FINANCIAL SERVICE AUTHORITY Fit & Proper for Candidates for the Sharia
Supervisory Board
3 January 25, 2024 Approval of the Board of Directors’ KPI
4 January 26, 2024 Approval of the 2024 Audit Plan
5 February 06, 2024 Approval of the Corporate Action Plan for Bank Jatim's Equity Participation in Bank Lampung
6 February 28, 2024 Approval of the Sharia Supervisory Board’s KPI for 2023
7 May 06, 2024 Approval of the Board of Directors’ Standard Operating Procedure (SOP)
8 June 05, 2024 Approval of the Adjustment of the Bank Jatim Business Plan for 2024
9 July 09, 2024 Approval of the APU, PPT, and PPPSPM Product Activity Policy (KPA)
10 September 19, 2024 Approval of the Revision of the Bank Jatim Business Plan 2024
11 October 15, 2024 Stipulation of Financing Facilities to the Muhammadiyah Business Charity of Muhammadiyah University
Surabaya
12 November 06, 2024 Acceleration of the Appointment of Independent Consultants in the Framework of the KUB Formation Plan with
Bank Sultra and Bank NTT
13 November 19, 2024 Approval of the Bank Jatim Business Plan 2025
14 December 04, 2024 Approval and Appointment of Public Accountant (AP) and/or Public Accounting Firm (KAP) to conduct Audit of
Financial Report of PT Bank Pembangunan Daerah Jawa Timur Tbk in 2024
15 December 31, 2024 Stipulation of Variable Compensation at the End of 2024 for Management, Sharia Supervisory Board and
Committee of PT Bank Pembangunan Daerah Jawa Timur Tbk
Performance Assessment of The Board of Director and Board of Commissioners
Board of Directors Performance Assessment
The evaluation of the Board of Directors’ performance carried out by Shareholders is carried out in the General Meeting of
Shareholders (GMS) process. The assessment is carried out based on the achievement of key performance indicators (KPIs) that
have been previously approved by Shareholders, the Board of Commissioners, and the Board of Directors.
BOARD OF DIRECTORS PERFORMANCE ASSESSMENT IMPLEMENTATION PROCEDURE
The Board of Directors’ performance achievements are carried out by the Board of Commissioners and then reported to shareholders
through the GMS.
BOARD OF DIRECTORS PERFORMANCE EVALUATION CRITERIA
Key Performance Indicator (KPI) of the Board of Directors Collegially
Perspective KPI
1 FINANCIAL
Loan Carry out loan distribution using prudential banking principles (healthy, selective & Prudential)
TPF Achievement of Total TPF
Net Income Achievement of net income
Total Assets Achievement of Total Asset
LDR LDR Ratio
BOPO BOPO Ratio
CASA CASA Ratio
NPL NPL Ratio
FBI Growth Fee Based Income (FBI)
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Perspective KPI
2 CUSTOMER
The service standard rating position (Best Overall Performance Service Excellent) is at least 2nd
Service Standard Rating position in Best Overall Performance Service Excellent from MRI for the Regional Development
Banks (BPD) category.
PEFINDO Rating PEFINDO Long Term Rating position on idA+
Audit Findings Hasil Survei Kepuasan Customer oleh Pihak Independen
Customer Satisfaction Results of Customer Satisfaction Surveys by Independent Parties
KUB Realization of KUB (Bank Business Group) with 1 Regional Development Banks (process to
3 INTERNAL BUSSINESS PROCESS FSA)
The minimum level of Bank Health is Composite Rating 2 and the Risk Profile assessment is at the
Bank Soundness Level
risk predicate "Low to Moderate"
GCG Consistency of GCG implementation in accordance with OJK provisions and laws and regulations
Sustainable Finance Action Plan
Ensure RAKB reports are in accordance with provisions and on time
(RAKB)
Financial Statements Ensure that Financial Reports are in accordance with applicable PSAK & Financial Rules
4 LEARNING AND GROWTH
Employee Competency Attend National Seminars/National Workshops at least 2 times a year
Company Awards Get awards for the company at least 5 times a year
HR Transformation Implementation of Corporate Culture in all units
Key Performance Indicator (KPI) for Directors Individually
The Board of Directors’ Key Performance Indicator (KPI) is collegially the individual KPI of the President Director. The KPI of each
Director is explained as follows.
KPI For Director Of Micro, Retail & Medium
Perspective KPI
1 FINANCIAL
Loan Conducting loan distribution with prudential banking principles (healthy, selective & Prudential)
TPF Total TPF Achievement
Net Income Net Income Achievement
Total Assets Total Asset Achievement
LDR LDR Ratio
NPL NPL Ratio
FBI FBI Growth
2 CUSTOMER
The service standard rating position (Best Overall Performance Service Excellent) is at least 2nd
Service Standard Rating position in Best Overall Performance Service Excellent from MRI for the Regional Development
Banks (BPD) category.
PEFINDO Rating PEFINDO Long Term Rating position on idA+
Audit Findings Monitoring audit findings (Internal & External) completed on time
Customer Satisfaction Results of Customer Satisfaction Surveys by Independent Parties
KUB Realization of KUB (Bank Business Group) with 1 Regional Development Banks (process to FSA)
Implementation of Digital Banking Submitting Loan applications via e-Loan
3 INTERNAL BUSSINES PROCESS
The minimum of Bank Soundness Level is Composite Rating 2 and the Risk Profile assessment is at
Bank Soundness Level
the risk predicate "Low to Moderate"
GCG Consistency of GCG implementation in accordance with OJK provisions and laws and regulations
RAKB Ensure the implementation of RAKB in accordance with the provisions
Evaluation of Branch Area Branch performance with Below/Poor predicate is a maximum of 2 Branches from the total fostered
Performance area (Conventional & Sharia) each month.
Performance Loan Control Ensure the implementation of Performing Loan control according to the set target
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Perspective KPI
4 LEARNING AND GROWTH
Ensuring increasing employee competency through policy socialization & implementing policy
Socialization and Policy Process
updates according to the timeline
Employee Competency Attend National Seminars/National Workshops at least 2 times a year
HR Transformation Implementation of Corporate Culture in all units
KPI Direktur Operasi
Perspective KPI
1 FINANCIAL
Loan Carry out loan distribution using prudential banking principles (healthy, selective & Prudential)
TPF Achievement of Total TPF
Net Income Achievement of net income
Total Assets Achievement of Total Asset
LDR LDR Ratio
BOPO BOPO Ratio
FBI FBI Growth
2 CUSTOMER
The service standard rating position (Best Overall Performance Service Excellent) is at least 2nd
Service Standard Rating position in Best Overall Performance Service Excellent from MRI for the Regional Development
Banks (BPD) category.
PEFINDO Rating PEFINDO Long Term Rating position on idA+
Audit Findings Monitoring audit findings (Internal & External) completed on time
Customer Satisfaction Results of Customer Satisfaction Surveys by Independent Parties
KUB (Bank Business Group) Realization of KUB (Bank Business Group) with 1 Regional Development Banks (process to FSA)
Reporting Responsible for reporting of all business activities
3 INTERNAL BUSSINESS PROCESS
The minimum of Bank Soundness level is Composite Rating 2 and the Risk Profile assessment is at
Bank Soundness Level
the risk predicate "Low to Moderate"
GCG Consistency of GCG implementation in accordance with OJK provisions and laws and regulations
Sustainable Finance Action Plan
Ensure the implementation of RAKB in accordance with provisions
(RAKB)
Branch performance with the Below/Poor predicate is a maximum of 2 branches from the total target
Performance Evaluation of Assisted
area (Conventional & Sharia) every month.
Supervise in every aspect of operations within the company, both operational aspects and
Branch Areas
administrative and technology-based implementation in front office and back office settings.
Operational Supervision Optimizing IT-based operations, both e-channel and digital
IMPLEMENTATION OF IT-BASED
4
OPERATIONS
Ensuring increasing employee competency through policy socialization & implementing policy
Socialization and Policy Process
updates according to the timeline
Employee Competency Attend National Seminars/National Workshops at least 2 times a year
HR Transformation Implementation of Corporate Culture in all units
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KPI For Director IT & Digital
Perspective KPI
1 FINANCIAL
Loan Carry out loan distribution using prudential banking principles (healthy, selective & Prudential)
TPF Achievement of Total TPF
Net Income Achievement of net income
Total Assets Achievement of Total Asset
BOPO BOPO Ratio
FBI FBI Growth
2 CUSTOMER
The service standard rating position (Best Overall Performance Service Excellent) is at least 2nd
Service Standard Rating position in Best Overall Performance Service Excellent from MRI for the Regional Development
Banks (BPD) category.
PEFINDO Rating PEFINDO Long Term Rating position on idA+
Audit Findings Monitoring audit findings (Internal & External) completed on time
Customer Satisfaction Results of Customer Satisfaction Surveys by Independent Parties
KUB (Bank Business Group) Realization of KUB (Bank Business Group) with 1 Regional Development Banks (process to FSA)
Completion of Banking Digitalization (Online Account Opening, Online Deposits, Finger Print Login,
Digitalization
Super Micro Online Loans, etc.)
Implementation of the ETPD system in the Provincial Government, 29 District Governments and 9
ETPD
City Governments in East Java
J-Connect User Increase the number of J-Connect users
3 INTERNAL BUSSINESS PROCESS
The minimum of Bank Soundness level is Composite Rating 2 and the Risk Profile assessment is at
Bank Soundness Level
the risk predicate "Low to Moderate"
GCG Consistency of GCG implementation in accordance with OJK provisions and laws and regulations
Sustainable Finance Action Plan
Ensure the implementation of RAKB in accordance with provisions
(RAKB)
Branch performance with the Below/Poor predicate is a maximum of 2 branches from the total target
Performance Evaluation of Assisted
area (Conventional & Sharia) every month.
Ensuring the implementation of data communication networks, data security, hardware and software
Branch Areas
management and control, utilization of IT infrastructure
Plan and implement future IT programs to develop bank operations and business to remain
IT Security dan Operasional IT
competitive
4 IT DEVELOPMENT
Ensuring increasing employee competency through policy socialization & implementing policy
Socialization and Policy Process
updates according to the timeline
Employee Competency Attend National Seminars/National Workshops at least 2 times a year
HR Transformation Implementation of Corporate Culture in all units
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KPI For Director Of Risk Management
Perspective KPI
1 FINANCIAL
Loan Carry out credit distribution using prudential banking principles (healthy, selective & Prudential)
TPF Achievement of Total TPF
Net Income Achievement of net income
Total Assets Achievement of Total Asset
LDR LDR Ratio
BOPO BOPO Ratio
NPL NPL Ratio
Collectibility Improvement 345 Decrease in collectability 345 YoY
FBI FBI Growth
Extracomtable Obtain extracom
Restructuring Restructuring (3,4,5)
2 CUSTOMER
The service standard rating position (Best Overall Performance Service Excellent) is at least 2nd
Service Standard Rating position in Best Overall Performance Service Excellent from MRI for the Regional Development
Banks (BPD) category.
PEFINDO Rating PEFINDO Long Term Rating position on idA+
Audit Findings Monitoring audit findings (Internal & External) completed on time
Customer Satisfaction Results of Customer Satisfaction Surveys by Independent Parties
KUB (Bank Business Group) Realization of KUB with 1 BPD (process to OJK)
Lelang/GS/Somasi Conducting Auction/GS/Somasi
3 INTERNAL BUSSINESS PROCESS
The minimum of Bank Soundness level is Composite Rating 2 and the Risk Profile assessment is at
Bank Soundness Level
the risk predicate “Low to Moderate”
GCG Consistency of GCG implementation in accordance with OJK provisions and laws and regulations
Sustainable Finance Action Plan
Ensure the implementation of RAKB in accordance with provisions
(RAKB)
Performance Evaluation of Assisted Branch performance with the Below/Poor predicate is a maximum of 2 branches from the total
Branch Areas target area (Conventional & Sharia) every month.
Controlling loan quality, both extracomtable and intracomtable, optimizing recovery results both
Controling
through restructuring and loan resolutions
Risk Identification Identify financial risks, mitigate security and company safety
Policy Ensure policies related to risk management
4 LEARNING AND GROWTH
Ensuring increasing employee competency through policy socialization & implementing policy
Socialization and Policy Process
updates according to the timeline
Employee Competency Attend National Seminars/National Workshops at least 2 times a year
HR Transformation Implementation of Corporate Culture in all units
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KPI For Director Of Compliance
Perspective KPI
1 FINANCIAL
Loan Carry out credit distribution using prudential banking principles (healthy, selective & Prudential)
TPF Achievement of Total TPF
Net Income Achievement of net income
Total Assets Achievement of Total Asset
BOPO BOPO Rasto
FBI FBI Growth
2 CUSTOMER
The service standard rating position (Best Overall Performance Service Excellent) is at least 2nd
Service Standard Rating position in Best Overall Performance Service Excellent from MRI for the Regional Development
Banks (BPD) category.
PEFINDO Rating PEFINDO Long Term Rating position on idA+
Audit Findings Monitoring audit findings (Internal & External) completed on time
Customer Satisfaction Results of Customer Satisfaction Surveys by Independent Parties
KUB (Bank Business Group) Realization of KUB with 1 BPD (process to OJK)
Accuracy of reporting STR and CTR reporting in accordance with regulations
Settlement of cases from the total cases
Legal
Monitoring legal opinion activities and power of attorney
Updating Customer Data Updating customer data
3 INTERNAL BUSSINESS PROCESS
The minimum of Bank Soundness level is Composite Rating 2 and the Risk Profile assessment is at
Bank Soundness Level
the risk predicate “Low to Moderate”
GCG Consistency of GCG implementation in accordance with OJK provisions and laws and regulations
Sustainable Finance Action Plan
Ensure the implementation of RAKB in accordance with provisions
(RAKB)
Branch performance with the Below/Poor predicate is a maximum of 2 branches from the total target
Performance Evaluation of Assisted
area (Conventional & Sharia) every month.
Ensure that all reports comply with applicable regulations so as not to incur sanctions or fines (within
Branch Areas
1 year)
Sanctions / Fines Ensure systems, policies and procedures comply with internal and external regulations
4 POLICIES AND PROCEDURES
Ensuring increasing employee competency through policy socialization & implementing policy
Socialization and Policy Process
updates according to the timeline
Employee Competency Attend National Seminars/National Workshops at least 2 times a year
HR Transformation Implementation of Corporate Culture in all units
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KPI For Director Of Finance, Treasury & Globalservices
Perspective KPI
1 FINANCIAL
Loan Carry out loan distribution using prudential banking principles (healthy, selective & Prudential)
TPF Achievement of Total TPF
Net Income Achievement of net income
Total Assets Achievement of Total Asset
LDR LDR Ratio
BOPO BOPO Ratio
CASA CASA Ratio
NPL NPL Ratio
FBI FBI Growth
International Banking Income Trade Finance Income
Treasury Income Obtaining income from Treasury transactions according to targets (Dealing Room & Bank Notes)
2 CUSTOMER
The service standard rating position (Best Overall Performance Service Excellent) is at least 2nd
Service Standard Rating position in Best Overall Performance Service Excellent from MRI for the Regional Development Banks
(BPD) category.
PEFINDO Rating PEFINDO Long Term Rating position on idA+
Audit Findings Monitoring audit findings (Internal & External) completed on time
Customer Satisfaction Results of Customer Satisfaction Surveys by Independent Parties
KUB (Bank Business Group) Realization of KUB with 1 BPD (process to OJK)
Institutional Collaboration Maintain good relations and increase cooperation with counterparties
3 INTERNAL BUSSINESS PROCESS
The minimum of Bank Soundness level is Composite Rating 2 and the Risk Profile assessment is at
Bank Soundness Level
the risk predicate “Low to Moderate”
GCG Consistency of GCG implementation in accordance with OJK provisions and laws and regulations
Sustainable Finance Action Plan
Ensure the implementation of RAKB in accordance with provisions
(RAKB)
Branch performance with the Below/Poor predicate is a maximum of 2 branches from the total target
Performance Evaluation of Assisted
area (Conventional & Sharia) every month.
Branch Areas Ensure that Financial Reports are in accordance with applicable PSAK & Financial Rules
4 FINANCIAL STATEMENTS
Ensuring increasing employee competency through policy socialization & implementing policy
Socialization and Policy Process
updates according to the timeline
Employee Competency Attend National Seminars/National Workshops at least 2 times a year
HR Transformation Implementation of Corporate Culture in all units
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THE PARTY CONDUCTING THE ASSESSMENT 1. Passive Oversight of the Board of Commissioners, including:
a. Implementation of review and response to the Bank’s
The performance evaluation of the Board of Directors was Business Plan (RBB).
carried out by the Board of Commissioners and the GMS. b. Preparation of Bank Business Plan Supervision Report
(RBB).
Performance Assessment of The Board of c. Implementation of Internal Audit Result Report Review
Commissioners and follow-up of external audit results.
d. Implementation of Governance Self Assessment.
PROCEDURES FOR THE IMPLEMENTATION OF THE e. Review of Risk Profile Report, Compliance Function
PERFORMANCE OF THE BOARD OF COMMISSIONERS and Bank’s Soundness Level.
f. Review and approval of Board of Directors policies that
Assessment of the performance of the Board of Commissioners require Board of Commissioners approval (Corporate
was carried out through the following procedures or Action, Credit Policy, Capital, Risk Management
mechanisms: Strategy, remuneration, etc.).
1. Performance Assessment of the Board of Commissioners g. Appointment of Public Accounting Firm for the
by the GMS. Company’s Financial Report.
The Board of Commissioners’ Performance Assessment h. Review of Remuneration Structure for Board of
was carried out by the Shareholders at the Annual General Commissioners and Board of Directors.
Meeting of Shareholders (GMS) when submitting the i. Implementation of Company Nomination Policy.
Report on the Board of Commissioners’ supervisory duties
to the GMS in the Company’s annual report. 2. Active Supervision of Board of Commissioners, including:
2. Assessment of the performance of the Board of Commissioners a. Implementation of Board of Commissioners Work Plan
through the preparation of a Self Assessment and Budget.
Assessment of the performance of the Board of b. Number of meetings.
Commissioners of Bank Jatim was carried out by means of c. Review of Bank’s Business and Financial Performance
a self-assessment which is determined by considering the Report (periodic monitoring related to bank
duties and obligations in accordance with the Company’s performance).
Articles of Association and applicable laws and regulations, d. Participate in branch/work unit performance
as well as the Board of Commissioners work program evaluation activities and branch visits in order to carry
which has been prepared and stipulated by the Board of out supervision and coaching functions
Commissioners.
3. Supervision of the Company’s Performance
The policies and procedures for implementing the performance a. Rentability
appraisal of the Board of Commissioners of Bank Jatim were b. Liquidity
determined and agreed upon by the Board of Commissioners c. Credit
at the Board of Commissioners’ meeting. The Board of
Commissioners performance assessment policy has been 4. Learning and Growth
stipulated in Decree Number 063/03/51/DKM/KEP dated
March 28, 2024 concerning the Standard Operating Procedure PARTIES THAT DO THE ASSESSMENT
(SOP) for the Work Manual for the Board of Commissioners of
PT Bank Pembangunan Daerah Jawa Timur Tbk. The Board of Commissioners’ performance assessment
process is carried out every semester and discussed in the
BOARD OF COMMISSIONERS PERFORMANCE EVALUATION Board of Commissioners’ Internal Meeting by observing the
CRITERIA achievement of each of the assessment indicators.
The criteria that will be used in the assessment/evaluation In addition, the Board of Commissioners is also responsible
of the performance of the Board of Commissioners (self- for its performance to Shareholders in the GMS based on the
assessment) include: obligations stated in the prevailing laws and regulations. The
Board of Commissioners will be held accountable for their
performance in the 2024 period in the Annual GMS to be held
in 2025.
PT Bank Pembangunan Daerah Jawa Timur Tbk 401
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BOARD OF COMMISSIONERS PERFORMANCE ASSESSMENT RESULTS
Value Final
No Perspective No Aspect Indicator Target Realization Score
(%) score
1 Complience 1 Passive a Review and 4 carried out periodically, Review and 1 4,0
Perspective supervision respond to Bank maximum every respond to the
(Mandatory) Business Plan semester (2x a year) Bank’s Business
(RBB) Plan that has
been carried out
by the Board of
Commissioners
through the
Board of
Commissioners
Committee in
accordance with
the stipulation
b Preparation of 4 Carried out every Preparation 1 4,0
Bank Business semester (no later than of the Bank
Plan (RBB) 2 months after the Business Plan
Supervision Report semester ends) Supervision
Report (RBB)
carried out by
the Board of
Commissioners
through the
Board of
Commissioners
Committee in
accordance with
the stipulation
c Implementation 3 Carried out according to Review of the 1 3,0
of Internal Audit the stipulation and on Internal Audit
Report Review time according to the Examination
and follow-up of target. (every semester) Result Report
external audit and follow-up
results to the external
audit results
carried out in
accordance with
the stipulation
d Implementation of 2,5 Carried out according to Governance Self 1 2,5
Governance Self the stipulation and on Assessment
Assessment. time according to the carried out in
target. (every semester) accordance with
the stipulation.
e Implementation of 2,5 Carried out according to Review of the 1 2,5
Governance Self the stipulation and on Risk Profile
Assessment. time according to the Report,
target. (every semester) Compliance
Function and
Bank Soundness’
Level carried out
in accordance
with the
stipulation
f Review and 3 Carried out no later Review of 1 3,0
approval of Board than 15 (fifteen) working the Board of
of Directors days since being Directors’ policies
policies that received by the Board of carried out in
require Board of Commissioners. accordance with
Commissioners the target
approval
(Corporate
Actions, Credit
Policy, Capital,
Risk Management
Strategy,
Remuneration,
etc.)
g Appointment 3 Recommendation Recommendation 1 3,0
of Public of the KAP that will for the
Accounting Firm conduct the audit appointment of
for the Company’s of the company’s KAP carried out
Financial Report financial statements in accordance
in accordance with the with the rules and
rules and regulations regulations
402 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Value Final
No Perspective No Aspect Indicator Target Realization Score
(%) score
h Review of 2,5 Provide The remuneration 1 2,5
Remuneration recommendations structure for
Structure for regarding the the Board of
the Board of remuneration structure Commissioners
Commissioners for the Board of and Directors
and Directors Commissioners and reviewed
Directors in accordance periodically in
with the stipulation (at accordance with
least every semester) the stipulation
i Implementation 2,5 Availability of the It has been 1 2,5
of the Company’s Company’s Nomination fulfilled, policies
Nomination Policy policy in accordance related to the
with the stipulation Company’s
Nomination are
available.
j Review of 4 carried out periodically, Review of the 1 4,0
strategic plan maximum every implementation
implementation semester (2x a year) of the Strategic
and IT Governance Plan and IT
Governance
that has been
carried out in
accordance with
the stipulation
k Review of the 4 carried out periodically, Review of the 1 4,0
implementation maximum every implementation
report of the semester (2x a year) of the Bank’s
Bank’s recovery recovery
plan and resolution action plan
plan and resolution
plan has been
carried out in
accordance with
the stipulation
Sub Total 35
2 Internal 2 Active a Implementation 5 The Board of The Board of 1 5,0
Procces Supervision of the Board of Commissioners’ Work Commissioners’
Perspective of Board of Commissioners’ Plan and Budget are Work Plan and
Commis sioners Work Plan and implemented according Budget was
Budget to the timetable and approved on time
targets set and according to
the set targets.
b Number of 8 Internal Board of The 1 8,0
Meetings Commissioners implementation
Meetings are held at of the Board of
least 12 times a year Commissioners’
(6 meetings each internal meetings
semester) in semester 1 of
2024 was carried
out according to
target (carried
out 9 times)
8 Board of Commissioners Implementation 1 8,0
meetings with the of the Board of
Board of Directors are Commissioners
held at least 6 times a and Board
year (3 meetings each of Directors
semester) meetings in
semester I /
2024 was carried
out 6 times
c Review of 10 Implemented at every Review of the 1 10,0
Bank’s Business Board of Commissioners Bank’s Business
& Financial & Board of Directors & Financial
Performance meeting according to Performance
Report (periodic the target, which is once Report in
monitoring every 2 months (6x a Semester I /
related to bank year / 3x per semester) 2024 carried
performance) out in 6 Board of
Commissioners
& Board of
Directors
Meetings
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Value Final
No Perspective No Aspect Indicator Target Realization Score
(%) score
d Participate in 6 Participate in branch / Review of the 1 6,0
branch/work work unit performance branch / work
unit performance evaluation activities or unit performance
evaluation visit branches at least 3 evaluation
activities and times a year activities, visits
branch visits in to branches in
order to carry out order to carry
supervisory and out supervisory
coaching functions and coaching
functions were
carried out 3
times
e Ensure the 8 Conduct follow-up The 1 8,0
implementation monitoring of the Board implementation
of follow-up to of Commissioners’ of monitoring
the Board of recommendations to the was carried out
Commissioners’ Board of Directors every according to
recommendations month, a maximum of 5 target.
by the Board of days before the Board pf
Directors Directors meeting in the
following month.
Sub Total 45
3 Financial 3 Company BALANCE SHEET TARGET REALIZATION
Perspective Financial
a Profitability (%)
Performance
Assessment
- Net Income 2,5 1.546.638 1.246.058 80,57 2,01
(December
2024 Position) - Return on Asset 2,5 1,93% 1,62% 84,19 2,10
(ROA)
b Liquidity
- Customer 2,5 90.758.260 77.620.058 86 2,14
Custodial Fund
(DPK)
- LDR 2,5 73,64% 82,11% 111,50 2,79
c Credit
- Credit 2,5 66.831.046 64.203.897,00 96,07 2,40
expansion
- NPL 2,5 2,20% 3,45% 69,02 1,73
Sub Total 15
4 Learning 4 Competency Development 5 At least 3 x a year The 1 5
& Growth Development of program/ implementation
Perspective Board of competency of the Board of
Commissioners improvement Commissioners
(workshop, Workshop/
seminar, Seminar in
conference, etc.) Semester I/2024
was carried out
according to
target
Sub Total 5
TOTAL 100 98,17
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Performance Assessment of The Committee Under The Board of Commissioners and The Basis of The
Assessment
In order to increase the role of the Board of Commissioners in carrying out the supervisory function, the Board of Commissioners
is assisted by 3 (three) committees namely the Audit Committee, the Remuneration and Nomination Committee, and the Risk
Monitoring Committee. The procedure for evaluating the performance of the Committees under the Board of Commissioners
periodically (annually) evaluated the effectiveness of the performance of the Committees under the Board of Commissioners.
The evaluation criteria for the Committees under the Board of Commissioners were based on the Key Performance Indicators that
had been set for each Committee under the Board of Commissioners. KPI Committees under the Board of Commissioners consist
of 3 (three) aspects, namely Active Supervision, Passive Supervision and Competency Development. The Board of Commissioners
considers that during 2024 the Committees have carried out their duties and responsibilities quite effectively and worked
independently and provided useful input/ recommendations for the Board of Commissioners. The achievements of each KPI
Committee were as follows.
THE AUDIT COMMITTEE KEY PERFORMANCE INDICATOR ACHIEVEMENT
Value Final
No Aspect Indicator Target Realization Score
(%) score
1 Passive Evaluation of Annual Executed accordingly Implementation 1 5 5
Surveillance Historical General terms and conditions time of Evaluation of
Financial Audit Results on target. (at least 1x in Annual Historical
from KAP (Public a year). General Audit Results
Accounting Firm) from KAP (Public
accounting firm)
according to criteria
Review of Internal Carried out every Review Internal 1 7,5 7,5
Audit & External Audit quarterly (4x in a year) Audit & External
Reports Audit Result Reports
in accordance with
provisions and on time
Special Audit & Fraud Implemented according to Follow-up Evaluation 1 7,5 7,5
Follow-up Evaluation the provisions and on time of Special Audit &
from Internal Audit according to the target. Fraud from Internal
Division (minimum 1x a year) Audit Division
was carried out in
accordance with the
provisions and targets
determined
Evaluation of Audit Implemented according to Implemented 1 5 5
Plan from Internal the provisions and on time according to the
Audit Division for according to the target. provisions and on time
Approval of Audit Plan (minimum 1x a year) according to target
Implementation
Conducting a review of Held quarterly (4x a year) Conducting a review of 0,5 7,5 3,75
financial information financial information
projections and other projections and other
reports related to reports related to
financial information. financial information
is carried out in
accordance with the
provisions
Provide Implemented according to Providing 1 10 10
recommendations the provisions and on time recommendations
to the Board of according to the target. to the Board of
Commissioners (minimum 1x a year) Commissioners
regarding the regarding the
appointment of appointment of
AP/KAP based on Accountants based
independence, scope on independence,
of assignment, and scope of assignment,
service fees. and service fees
are carried out in
accordance with the
provisions
PT Bank Pembangunan Daerah Jawa Timur Tbk 405
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Value Final
No Aspect Indicator Target Realization Score
(%) score
Monitoring the Held every semester (2x Monitoring the 1 5 5
implementation of a year) implementation of the
Anti Fraud Strategy Anti-Fraud Strategy
(SAF) and Gratification (SAF) and Gratification
Control Control in accordance
with the set targets
Monitoring and Implemented according to Monitoring and 1 5 5
Evaluation of the the provisions and on time evaluation of the
implementation of the according to the target. implementation of
Internal Audit Work (minimum 1x a year) the Internal Audit
Unit (SKAI) duties Work Unit (SKAI)
duties is carried out in
accordance with the
provisions
Making an annual Implemented according to The Audit Committee 1 5 5
report on the the provisions and on time prepares an annual
implementation of the according to the target. report on the
Audit Committee's (minimum 1x a year) implementation of the
activities in the Annual Audit Committee's
Report activities in the Annual
Report in accordance
with the provisions
SUB TOTAL 57,5 53,8
2 Active Surveillance Audit Committee Held once a month (12x The Audit Committee 1 15 15
Meeting a year) Meeting was held 14
times during 2024.
Coordination Meeting Held every semester (2x The implementation of 1 10 10
with Related Work a year) the Audit Committee
Units Coordination Meeting
with Related Work
Units during 2024 was
carried out 8 times.
Visits and Held every semester (2x The visits to branch 1 10 10
communicates directly a year) offices in order
with the Board of to carry out the
Directors, including supervisory function
employees, and in 2024 were
the Internal Audit conducted as many
Division Unit, Risk as 5 times, as well as
Management Division, effectively visiting
AMK Division, General and communicating
Division and External directly with the
Parties (Accountants) Board of Directors,
regarding the duties including employees,
and responsibilities of and the Internal Audit
the Audit Committee. Division Unit, Risk
Management Division,
AMK Division, General
Division and External
Parties (Accountants)
regarding the duties
and responsibilities of
the Audit Committee.
SUB TOTAL 35 35
3 Competency Self-competency Implemented according to Self-competency 1 5 5
Development development by provisions (1x a year) development
updating understanding by updating the
of external and internal understanding of
regulations external and internal
regulations of the
Audit Committee
carried out in
accordance with the
target.
406 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Value Final
No Aspect Indicator Target Realization Score
(%) score
Competency Implemented according to The Audit Committee’s 1 2,5 2,5
improvement/ provisions (2x a year) development
development programs program/competency
(workshops, seminars, improvement
training, certification, (workshops, seminars,
etc.) training, certification,
etc.) in 2024 was
carried out 4 times.
SUB TOTAL 7,5 7,5
TOTAL 100 96
ACHIEVEMENT OF KEY PERFORMANCE INDICATORS OF THE REMUNERATION AND NOMINATION COMMITTEE
Value Final
No Aspect Indicator Target Realization Score
(%) score
1 Passive Preparing the Prepare a Time Table Implemented 1 10 10
Surveillance composition and and carry out the Bank according to the set
nomination process for Management nomination target
candidates for the Board process according to the
of Commissioners and time required
candidates for the Board
of Directors.
Develop policies and Prepare policies and Implemented 1 10 10
criteria required in the nomination criteria according to the set
nomination process for Bank Management target
for Bank Management candidates according to
candidates (Board of the specified time.
Commissioners and
Directors candidates)
Assisting in the Carrying out performance Implemented 1 10 10
implementation of evaluations of the according to the set
evaluation of the Company's Management target
performance of the at least twice a year
Company's Management (every semester)
Review and recommend Carry out a review Implemented 1 10 10
qualified candidates as and provide proposals according to the set
members of the Board for candidates for target
of Directors and/or the Company's
members of the Board Management who meet
of Commissioners to the the requirements to the
Board of Commissioners Board of Commissioners
to be submitted to the in accordance with the
GMS. timetable set.
Preparing the structure Conducted at least once Implemented 1 10 10
and policies for a year according to the set
the Remuneration target
of the Company's
Management (Board
of Commissioners and
Directors)
Preparing the amount Conducted at least once Implemented 1 10 10
of remuneration for a year according to the set
members of the Board target
of Directors and/or
members of the Board of
Commissioners
SUB TOTAL 60 60
2 Active Surveillance Remuneration and Minimum 4 times in 1 Implemented 1 20 20
Nomination Committee (one) year according to the set
Meeting target
Coordination Meeting As needed (at least 2 Implemented 1 10 10
with Related Work Units times a year) according to the set
target
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07 Corporate
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Value Final
No Aspect Indicator Target Realization Score
(%) score
Timely preparation Submit reports on time Implemented 1 5 5
and submission of in accordance with the according to the set
Committee Reports provisions target
SUB TOTAL 35 35
3 Competency Development Conducted at least once Implemented 1 5 5
Development program/ competency a year according to the set
improvement target
(workshops, seminars,
training, certification,
etc.)
SUB TOTAL 5 5
TOTAL 100 100
ACHIEVEMENTS OF KEY PERFORMANCE INDICATOR RISK MONITORING COMMITTEE
Value Final
No Aspect Indicator Target Realization Score
(%) score
1 Passive Surveillance Monitoring and evaluation Held every quarter (4x Monitoring and 1 5 5
of Bank Risk Profile (PRB) a year ) evaluation of Bank
Risk Profile (PRB) in
accordance with the
provisions
Monitoring and Evaluation Held every quarter (4x Monitoring and 1 5 5
of Quarterly Achievement a year ) Evaluation of Quarterly
of Bank Health Level, Risk Achievement of Bank
Profile Monitoring and Health Level, Risk
Evaluation, Profitability Profile Monitoring and
in RBB Financial Report & Evaluation, Profitability
Capital Resilience in RBB Financial
Report & Capital
Resilience is carried
out in accordance with
the provisions
Evaluation of the Carried out every quarter Evaluation of the 1 5 5
conformity between (2x a year) conformity between
the Risk Management the Risk Management
Policy (RMP) and the Policy (RMP) and the
implementation of Bank implementation of
policies Bank policies is carried
out in accordance with
the provisions
Monitoring and evaluation Carried out every quarter Monitoring and 1 5 5
of the implementation (2x a year) evaluation of the
of the duties of the Risk implementation of
Management Work Unit the duties of the Risk
(SKMR) and the Risk Management Work
Management Committee Unit (SKMR) and the
(Komenko) Risk Management
Committee (Komenko)
are carried out in
accordance with the
provisions
Monitoring and Evaluation Carried out every quarter Monitoring and 1 5 5
of the adequacy of (2x a year) evaluation of the
the risk management adequacy of the
identification, risk management
measurement, monitoring identification,
and control processes measurement,
monitoring and control
processes are carried
out in accordance with
the provisions and
targets determined.
Monitoring and evaluation Implemented according Monitoring and 0 5 0
of contingency plans in to the provisions and on evaluation of the
the Business Continuity time according to the contingency plan in the
Management System target. (minimum 1x a Business Continuity
(BCMS) year) Management System
(BCMS) has not been
implemented in 2024
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2024
Value Final
No Aspect Indicator Target Realization Score
(%) score
Monitoring and evaluation Carried out every quarter Monitoring and 1 5 5
of the implementation (2x a year) evaluation of the
of Good Corporate implementation of
Governance (GCG) Good Corporate
principles Governance (GCG)
principles is carried out
in accordance with the
provisions
Monitoring of large Carried out every quarter Monitoring of large 1 5 5
exposure debtors above (2x a year) exposure debtors
IDR 100 billion above IDR 100 billion
in 2024 will be carried
out in accordance with
the provisions
Opinion on credit or Implemented (at least Opinions on credit or 1 5 5
financing applications once a year) financing applications
in the large exposure in the large exposure
category, and approval category, and approval
of credit or financing of credit or financing
applications to Related applications to Related
Parties Parties are carried out
in accordance with the
provisions
Supervision of the Carried out every quarter Supervision of the 0 5 0
compliance function and (2x a year) compliance function
reviewing the Compliance and reviewing the
Function Implementation Compliance Function
Report and the Implementation Report
Compliance Director's and the Compliance
duties. Director's duties (not
yet implemented
optimally)
Evaluate, direct and Implemented (at least Evaluate, direct 1 2,5 2,5
monitor the Information once a year) and monitor
Technology Strategic Plan the Information
and Bank policies related Technology Strategic
to the use of Information Plan and the Bank's
Technology. policies regarding the
use of Information
Technology are
implemented in
accordance with the
provisions.
Review Corplan, Implemented (at least Review of Corplan, 1 2,5 2,5
RSTI and RBB before once a year) RSTI and RBB before
approval by the Board of approval by the Board
Commissioners of Commissioners
is carried out in
accordance with the
provisions
Review of the Company Implemented (at least Review of the Company 1 2,5 2,5
Manual includes: once a year) Manual includes:
• (KPA) AML, CFT and • (KPA) AML, CFT
PFWMD and PFWMD are
implemented in
accordance with the
provisions
Company Manual Review Implemented (at least Review of the Company 1 2,5 2,5
includes: once a year) Manual includes:
• Board of Directors’ • SOP for the Board
Work SOP of Directors in
accordance with the
provisions
SUB TOTAL 60 50
2 Active Surveillance Risk Monitoring Held every quarter (4x The implementation 1 15 15
Committee Meeting a year) of the Risk Monitoring
Committee Meeting
during 2024 was
carried out 13 times.
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Value Final
No Aspect Indicator Target Realization Score
(%) score
Coordination Meeting Held every quarter (4x The implementation 1 10 10
with Work Units Related a year) of the Risk Monitoring
to Bank’s Strategic Issues Committee
Coordination Meeting
during 2024 was
carried out 8 times.
Visits and communicates Held every semester (2x Visiting the branch 1 10 10
directly with the Board a year) offices in order to
of Directors, including carry out monitoring
employees, and related functions in 2024
work units in order to for 5 times, as
carry out the functions, well as effectively
duties and responsibilities conducting visits
of the Risk Monitoring and communicating
Committee. directly with the
Board of Directors,
including employees,
and related work units
with the duties and
responsibilities of
the Risk Monitoring
Committee
SUB TOTAL 35 35
Self-competency
development
Self-competency by updating the
Competency development by updating Implemented according to understanding of
3 1 2,5 2,5
Development understanding of external provisions (1x a year) external and internal
and internal regulations regulations carried out
in accordance with the
targets.
The competency
Competency
improvement/
improvement/
development program
development programs Implemented according to
(workshops, seminars, 1 2,5 2,5
(workshops, seminars, provisions (1x a year)
training, certification,
training, certification,
etc.) in 2024 was
etc.)
carried out 4 times.
SUB TOTAL 5 5
TOTAL 100 90
Mechanism of Termination and Withdrawal of
The Board of Commissioners
The mechanism for dismissal and resignation of the Board of 2. The position of a member of the Board of Commissioners
Commissioners based on the Articles of Association are as ends if:
follows: a. Lossing Indonesian Citizenship.
1. Members of the Board of Commissioners are appointed and b. Resignation with due observance of the provisions of
terminated by the GMS. paragraph (11) of Article 11 of the Articles of Association
a. Member of the Board of Commissioners may submit a c. No longer meets statutory requirements.
request to resign from his/her position by notifying in d. Passed away.
writing of this purpose to the Controlling Shareholders e. The term of office has ended.
of the Company. f. Was dismissed based on the resolution of the GMS.
b. The company is obliged to hold a GMS to decide on g. Was declared bankrupt or placed under pardon based
the resignation application as referred to in letter a, no on a court decision.
later than 90 (ninety) days after the resignation letter
is received. Sharia Supervisory Board
c. Before the resignation becomes effective, the relevant
members of the Board of Commissioners are still The Sharia Supervisory Board (DPS) has the duty and authority
obliged to complete their duties and responsibilities to provide advice and advice to the Board of Directors, oversee
in accordance with the articles of association and laws the sharia aspects of the operational activities of the Sharia
and regulations. Business Unit (UUS) at the National Sharia Council - Indonesian
Ulema Council.
410 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2024
Duties and Responsibilities of The Sharia c. Have a commitment to the development of sound and
Supervisory Board sustainable Islamic banking.
d. Not included in the Fit and Proper List (Disqualified
The duties and responsibilities of the Sharia Supervisory Board List) as stipulated in the provisions concerning the fit
as stipulated in the articles of association include, among and proper test stipulated by Bank Indonesia or the
others: Financial Services Authority.
1. Assess and ensure compliance with sharia principles in 2. Competence, who at least have knowledge and experience
operational guidelines and products issued by UUS. in the field of sharia mu’amalah and knowledge in banking
2. Monitor the process of developing UUS new products from and/ or f inance in general.
the start until the product is released. 3. Financial reputation, which at least includes:
3. Provide sharia opinions on new products and/or a. Not on the bad credit list.
restructured financing. b. Have never been declared bankrupt or have been a
4. Request a fatwa from the National Sharia Council for UUS shareholder, member of the Board of Commissioners,
new products for which there is no fatwa. or member of the Board of Directors of a company and/
5. Conduct periodic reviews on compliance with sharia or member of the management of a business entity
principles on the mechanism for raising funds and found guilty of causing a company and/or business
channeling funds as well as Bank services entity to be declared bankrupt, within the last 5 (five)
6. Request data and information related to sharia aspects years prior to nominated.
from UUS work units in the context of carrying out their
duties. Guidelines and Working Procedures of the
7. Submit the results of sharia supervision at least every 6 (six) Sharia Supervisory Board
months to the Board of Directors, Board of Commissioners,
National Sharia Board - Indonesian Ulama Council and the In carrying out its duties, the Sharia Supervisory Board is
Financial Services Authority. guided by the Company’s Articles of Association which regulate
the Requirements for the Sharia Supervisory Board, Duties and
Term of Office of The Sharia Supervisory Board Responsibilities, and Term of Office.
Members of the Sharia Supervisory Board were appointed for Composition and Basis for Appointment of The
a period of 4 (four) years and can be reappointed for a second Sharia Supervisory Board
term, after paying attention to laws and regulations and the
provisions of the National Sharia Council - Indonesian Ulama The Sharia Supervisory Board consists of at least 2 (two) and
Council. at most 3 (three) members, one of whom is the Chairman. The
members of the Sharia Supervisory Board are appointed by the
Requirements For Sharia Supervisory Board GMS upon the recommendation of the DSN-MUI in line with
Members the applicable laws and regulations, without prejudice to the
right of the GMS to dismiss members of the Sharia Supervisory
Members of the Sharia Supervisory Board must have the Board at any time following the laws and regulations.
following requirements:
1. Integrity, which at least includes:
a. Have good character and morals.
b. Have a commitment to comply with sharia banking
regulations and other laws and regulations.
Name Position Executor Basis of Appointment Effective Date
Afifuddin Muhajir Chairman OJK • GMS for Fiscal Year 2018 on April 26, February 28, 2020
2019 (first)
• GMS for Fiscal Year 2022 on April 12,
2023 (second)
Sukadiono Member OJK GMS for Fiscal Year 2022 on April 12, 2023 March 25, 2024
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Training and/or Enhancement of The Competency of The Board of Sharia Supervisory Board Members
Types of Training and Development
Name Time and Place of Organizer
Position Materials
Implementation
Competence/Training
Afifuddin Muhajir Chairman - - -
Sukadiono Member Bank Governance and Optimization of Duties, Jakarta, January 22- Dakara Consulting
Functions and Responsibilities of the Sharia 23, 2024 Indonesia
Supervisory Board (DPS)
Orientation Program for New Sharia Supervisory Board
The Orientation Program is very important to be implemented for DPS who are taking office for the first time. Provisions regarding
the mandatory Orientation program regarding the Company’s activities. The orientation program that is given can be in the form of
participantss, meetings or visits to the Company’s facilities, introductions to Division Leaders, Groups and employees of the Company
and other programs. The orientation program for the new Sharia Supervisory Board was implemented as follows.
Name Position Time and Place of Implementation Information
Sukadiono Member of the Sharia March 25, 2024 The new Sharia Supervisory Board Orientation Program
Supervisory Board Bank Jatim Sharia Business Unit was conducted by delivering relevant materials related
to its duties and responsibilities by the Bank Jatim
Sharia Business Unit.
Concurrent Position of Sharia Supervisory Board
Table of Concurrent Positions of Sharia Supervisory Board
Position in Other Company Name/
Name Position
Companies/Agencies Other Institution
Afifuddin Muhajir Chairman Chairman Salafiyah Syafi'iyah Sukorejo Islamic Boarding School Foundation
Chairman East Java Muhammadiyah Regional Leadership 2022 Present
Sukadiono Member
Rector Muhammadiyah University of Surabaya 2020-2024
Ownership of Sharia Supervisory Board
Table of Sharia Supervisory Board’ Share Ownership
Share Ownership
Name Position Other Non-Bank Financial Other Companies
Bank Jatim
Banks Institutions
Afifuddin Muhajir Chairman Nil Nil Nil Nil
Sukadiono Member Nil Nil Nil Nil
Meeting of Sharia Supervisory Board
Internal Meeting of Sharia Supervisory Board
Throughout 2024, the agenda, dates and participants of the Sharia Supervisory Board Meeting were as follows.
Table of Sharia Supervisory Board Meeting
No. Date Agenda Participant
1 January 03, 2024 Opinion on Customer Self Service (CSS) Afifuddin Muhajir
Opinion on New JConnect Mobile Implementation
2 February 01, 2024 Afifuddin Muhajir
Service
3 March 18, 2024 Opinion on Hongkong JConnect Remittance Service Afifuddin Muhajir
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No. Date Agenda Participant
Afifuddin Muhajir
4 May 17, 2024 Opinion on the Development of E-Money Top Up Biller
Sukadiono
Afifuddin Muhajir
5 May 17, 2024 Opinion on the Development of Shopeepay Top Up Biller
Sukadiono
Afifuddin Muhajir
6 June 06, 2024 Opinion on Cash Waqf Linked Deposit (CWLD)
Sukadiono
CWLD Minutes & Sharia Business Unit Performance Afifuddin Muhajir
7 July 30, 2024
2024 Sukadiono
Minutes of Submission of Sharia Business Unit Afifuddin Muhajir
8 August 16, 2024
Performance for the Period of July 2024 Sukadiono
Afifuddin Muhajir
9 September 05, 2024 Opinion on the Use of Conventional Insurance
Sukadiono
Afifuddin Muhajir
10 September 05, 2024 Cashback Opinion
Sukadiono
Afifuddin Muhajir
11 September 23, 2024 Minutes of DPS Meeting
Sukadiono
Submission of Minutes of Evaluation of Sharia Branch Afifuddin Muhajir
12 October 08, 2024
and Sub-Division Performance Sukadiono
Afifuddin Muhajir
13 October 15, 2024 Opinion on QRIS Crossborder Service (Acquirer)
Sukadiono
Afifuddin Muhajir
14 October 29, 2024 Opinion on Financing Promo Program
Sukadiono
Afifuddin Muhajir
15 November 26, 2024 Opinion on Recovery Plan
Sukadiono
Meeting Frequency and Participants
During 2024, the Sharia Supervisory Board has held 15 internal meetings. The frequency and attendance of each member of the
Sharia Supervisory Board can be seen in the table below.
Table of Frequency and Participants of Sharia Supervisory Board Meetings
Sharia Supervisory Board Meeting
Name Position Number and Percentage of Attendance
Number of Meetings Number of Attendance Percentage
Afifuddin Muhajir Chairman 15 15 100%
Sukadiono Member 12 12 100%
Frequency and Method of Providing Advice as 1. Customer Self Service (CSS) Opinion
well as Supervision of Compliance with Sharia 2. New JConnect Mobile Implementation Service Opinion
Principles in the Capital Market to Issuers or 3. JConnect Remittance Hongkong Service Opinion
Public Companies 4. E-Money Top Up Biller Development Opinion
5. Shopeepay Top Up Biller Development Opinion
Advice and suggestions are given on several occasions. One 6. Cash Waqf Linked Deposit (CWLD) Opinion
of them is when the Sharia Supervisory Board (DPS) meeting 7. Conventional Insurance Use Opinion
is also attended by management. Throughout 2024, the DPS 8. Cashback Provision Opinion
issued 11 (Eleven) Opinions. The DPS has carried out its duties 9. QRIS Crossborder Service Opinion (Acquirer)
by supervising the fulfillment of Bank Jatim’s Sharia Principles 10. Financing Promo Program Opinion
and issuing opinions including: 11. Recovery Plan Opinion
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Sharia Supervisory Board Performance to the selection/ replacement of members of the Board of
Assessment Commissioners and Directors had been formulated, namely the
System and Procedure for the Selection and/or Substitution
Procedure for Implementation of Performance of Members of the Board of Commissioners and Directors.
Assessment of the Sharia Supervisory Board This policy was prepared and adjusted based on regulations
related to the Company including POJK No. 33/POJK.04/2014
Performance appraisal is carried out by self assessment and concerning the Board of Directors and Board of Commissioners
submitted to the Board of Commissioners and the GMS. of Issuers or Public Companies and other related regulations
regarding procedures for selecting/replacing members of the
Sharia Supervisory Board Performance Evaluation Board of Commissioners/Directors.
Criteria
The purpose of formulating this policy on the selection and/or
The DPS performance assessment is based on the replacement of members of the Board of Commissioners and
implementation of the DPS duties in 2024. The implementation the Board of Directors was to serve as a guide in the process of
of the DPS duties can be seen from the number of meetings selecting/ replacing members of the Board of Commissioners
held and the opinions and recommendations that have been in accordance with applicable regulations, as well as to ensure
issued. the implementation of good corporate governance in every
process of nomination/ election of members of the Board of
The party conducting the assessment Directors Commissioner.
DPS conducts an independent assessment of DPS performance The nomination/election process for the Board of
in 2024 (self-assessment). Commissioners and the Board of Directors was proposed
to the GMS by considering the recommendations from the
Results of the Performance Assessment of the Sharia Remuneration and Nomination Committee. The stages of the
Supervisory Board nominations included the following:
1. Announcement of acceptance of vacancies for candidates
During 2024, the Sharia Supervisory Board has carried out for members of the Board of Commissioners and/or
its role properly. By holding 15 (Fifteen) meetings and issuing Directors.
opinions or recommendations related to the Sharia Business 2. Administrative selection.
Unit activities. 3. Implementation of the assessment by the appointed
Independent institution.
Nomination and Remuneration of the Board 4. Evaluation of assessment results.
of Commissioners and Board of Directors 5. Final interview.
6. Implementation of the Fit and Proper Test by the Financial
Board of Commissioners and Board of Directors Services Authority.
Nomination Procedures 7. Appointment of selected candidates at the GMS.
In the nomination process for the Board of Commissioners
and the Board of Directors of Bank Jatim, policies related
Remuneration Determination Procedure
- The stages in determining the remuneration of the management can be described as follows:
1 2 3
The Remuneration and The Remuneration and The Board of Commissioners
Nomination Committee Nomination Committee submits submits proposals and
evaluates the remuneration the results of the remuneration recommendations for
policy in coordination with the evaluation to the Board of remuneration for management
Division in charge of Human Commissioners. to the General Meeting of
Resources. Shareholders (GMS).
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Proposals and recommendations from the Board of 7.Other facilities/allowances determined by the
Commissioners to the General Meeting of Shareholders (GMS) Bank as remuneration provided are not related to
can be in the form of: performance.
1. Approval of the structure, scale, form and amount of 2. Variable remuneration consists of:
remuneration; or 1. Tantiem.
2. Giving power to the Board of Commissioners to determine 2. Other facilities/allowances determined by the Bank as
the structure, scale, form and amount of remuneration. remuneration based on performance.
Indicators of Remuneration Determination for Remuneration Structure of the Board of
the Board of Commissioners and the Board of Commissioners and Board of Directors
Directors
Remuneration Structure for Members of the Board of
The Bank set the remuneration to be 2 (two), namely: Commissioners and the Board of Directors Remuneration for
1. Permanent Remuneration the Board of Commissioners and Directors is provided with due
Remuneration policies that are permanent in nature at observance to the prevailing remuneration provisions, namely
least pay attention to: in the form of:
- Business scale, business complexity, peer group, 1. Remuneration is permanent in nature, is remuneration that
inflation, company conditions and capabilities, is not related to performance and risks, including salaries/
applicable laws and regulations; honoraria, housing allowances, communication allowances,
- Fixed remuneration consists of: holiday allowances, annual leave pay, health facilities, other
1. Honorarium. allowances that are comparable to this.
2. Housing Allowance. 2. Variable remuneration is remuneration related to
3. Communication Allowances. performance and risks, including production services,
4. Holiday allowance. performance bonuses, bonuses or other forms that can
5. Leave Allowance. be equated with the above. Remuneration in the form of
6. Health Facilities/Costs. bonuses is given in cash and shares or share instruments
issued by Bank Jatim.
Table of Remuneration Structure for the Board of Commissioners and Directors
Description
No Types of
Income Board of Commissioners Board of Directors
1. Honorarium • President Commissioner 45% of the President • President Director 100%
Director’s honorarium • Director 90% of the President Director’s honorarium
• Commissioner 90% of the President Commissioner
honorarium
2. Allowance • Holiday allowance 2 (two) times the honorarium • Holiday allowance 2 (two) times the honorarium
• Housing Allowance is given on a monthly basis if you • Housing Allowance is given on a monthly basis if you
do not occupy an official residence do not occupy an official residence
• Annual Leave Allowance 1 (one) times honorarium • Annual Leave Allowance 1 (one) times honorarium
• Communication Allowance is given as a lump sum • Communication Allowance is given as a lump sum
every month every month
• Retirement Award of 38 (thirty eight) times the • Retirement Award of 48 (forty eight) times the
honorarium honorarium
3. Facility • Official vehicle facilities through the Car Ownership • Official vehicle facilities through the Car Ownership
Program (COP) Program (COP)
• Health facilities for inpatient and outpatient according • Health facilities for inpatient and outpatient according
to internal provisions Number: 063/03/06/DKM/KEP to internal provisions Number: 063/03/06/DKM/KEP
dated February 7, 2024 dated February 7, 2024
• Legal Aid Facilities in accordance with company • Legal Aid Facilities in accordance with company
regulations regulations
4. Bonus & Tantiem • Bonus is given in cash • Bonus is given in cash
• Tantiem is given in cash and in the form of shares • Tantiem is given in cash and in the form of shares
issued by Bank Jatim. issued by Bank Jatim.
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Nominal Remuneration Components Each of Board of Commissioners and Directors
Table of Nominal Amount of Remuneration for the Board of Commissioners and Directors
Amount Received
Number of Remuneration and Board of Commissioners Board of Directors
Other Facilities
Total Total
Total Person Total Person
in (IDR) MIllion in (IDR) MIllion
Remuneration
Honorarium 4 3.065 7
Housing Allowance 4 1.053 7
Communication Allowance 4 390 7
Tantiem 3 7.923 7
Other Facilities In Kind
Housing (cannot be owned) - - - -
COP Program Transport (can be owned) 3 2.700 7 6.400
Health (cannot be owned) - - - -
Total Remuneration In 1 Year
Above IDR 2 billion 3 12.106 7 43.091
Above IDR 1 billion to 2 billion - - - -
Above IDR 500 million to 1 billion - - - -
IDR 500 million and below 1 325 - -
Policies on Diversity of Board of Directors c. 1 (one) member who has expertise/work experience in
and Board of Commissioners the field of risk management.
2. Nationality
The diversity of the composition of the Board of Commissioners Members of the Board of Commissioners and Board of
and Directors as stipulated in the Appendix of the Circular Directors are Indonesian citizens.
Letter of Financial Services Authority No. 32/SEOJK.04/2015 3. Gender
concerning Governance Guidelines for Public Company has Currently all members of the Board of Commissioners of
been accommodated in the Bank’s Articles of Association. Bank Jatim are Male. Meanwhile, 4 (four) members of the
The appointment of the Board of Commissioners and Board of Board of Directors are male and 1 (one) member of the
Directors is carried out by taking into account the experience Board of Directors is female.
and understanding of the banking industry, the integrity and 4. Age
dedication of each individual. Members of the Board of Commissioners and Board of
Directors have a variety of ages.
The composition of members of the Board of Commissioners 5. Independence
and Board of Directors of Bank Jatim that is appropriate and Board of Commissioners
in accordance with the needs of the Bank will support the a. Minimum 50% (fifty percent) of the members
effectiveness of carrying out the duties and responsibilities of the Board of Commissioners are Independent
of the Board of Commissioners and Directors and support the Commissioners.
achievement of the Bank’s vision and mission to continue to b. The term of office of an Independent Commissioner is
grow and develop. a maximum of 4 (four) years, and can be reappointed
with due regard to applicable regulations.
Diversity factors in the composition of the members of Board of Board of Directors
Commissioners and Board of Directors include: In accordance with OJK Regulation No. 46/POJK.03/2017
1. The expertise/experience of the Board of Commissioners, Concerning the Implementation of Compliance Functions
has at least: of Commercial Banks, Bank Jatim has a Director who is in
a. 1 (one) member who has expertise/work experience in charge of the Compliance Function, namely the Compliance
the field of economics/business /finance, and/or Director and Risk Management as a Director who meets the
b. 1 (one) member who has expertise/work experience in independence requirements.
the banking industry, and
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Diversity Composition of the Board of Directors
Table of Diversity in the Composition of the Board of Directors
Name Work Expertise
Position Age Gender Education
experience
Busrul Iman President Director 60 years Male • Bachelor of Economics Have work experience Management,
Accounting in banking Accounting
• Master of Management
• Profession Accountant
• Doctor of Human Resource
Development Management
Edi Masrianto Director of 60 years Male • Bachelor of Management Have work experience Management
Finance, Treasury Economics in banking
& Global Services • Master of Agribusiness
Management
R. Arief Director of Micro, 54 years Male • Bachelor of Industrial Have work experience Management
Wicaksono Retail & Medium Technology in banking
• Master of Management
Eko Susetyono Director of Risk 59 years Male • Bachelor of Food Technology Have work experience Risk management,
Management and Nutrition in banking finance, asset
• Master of Corporate Finance and liability
and Investment management
• Doctor of Management and
Business
Arif Suhirman Director of 58 years Male • Bachelor of Economics Have work experience Management,
Operations Accounting in banking Accounting
• Master of Management and
Business
Zulhelfi Abidin Director of IT & 62 years Male • Bachelor of Informatics Have work experience Information
Digital • Master of Computer Science in banking technology
Tonny Prasetyo*) Director of 55 years Male • Bachelor of Agriculture Have work experience Management
Compliance • Master of Management in banking
Umi Rodiyah**) Director of 58 years Female • Bachelor of Public Have work experience State
Compliance Administration in banking Administration
*) Dismissed at the Annual General Meeting of Shareholders for the 2023 Fiscal Year on February 7, 2024.
**) Appointed at the Annual GMS for the 2023 Fiscal Year on February 7, 2024 and became effective since the Decree of the Members of the Board of Commissioners of the
Financial Services Authority (OJK) dated July 1, 2024. Before Mrs. Umi Rodiyah became effective as Director of Compliance, Mr. Arif Suhirman (Director of Operations)
was Acting Director of Compliance while Mr. Zulhelfi Abidin (Director of IT & Digital) concurrently served as Acting Director of Operations.
Composition Diversity of the Board of Commissioners
Table of Diversity in the Composition of the Board of Commissioners
Name Work Expertise
Position Age Gender Education
experience
Muhammad Independent 60 years Male • Bachelor of Public Have work experience Administration,
Mas’ud Commissioner Administration in government and Management,
• Master of Management education. International
• Doctor of International Politics
Politics
Adhy Karyono Commissioner 53 years Male • Bachelor of Politics Have work experience Administration,
• Master of Public in government. Politics
Administration Polytechnic
Sumaryono Independent 64 Years Male • Bachelor of Business Have work experience Banking
Commissioner Administration in banking.
Candra Fajri Independent 60 Years Male • Bachelor of Economics Have work experience Economics
Ananda* Commissioner • Master (MSc.) in government,
• Doctor (Ph.D) education and
banking.
Dadang Independent 62 Years Male • Bachelor of Accounting Have work experience Banking
Setiabudi** Commissioner • Master of Agribusiness in banking and
Management education
*) Resigned from his position as Independent Commissioner at the 2023 Annual GMS on February 7, 2024.
**) Appointed as Independent Commissioner at the Extraordinary GMS on September 26, 2024 and became effective since the Decree of the Members of the Board of
Commissioners of the Financial Services Authority (OJK) dated November 4, 2024
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Transparency of Share Ownership of Directors and Board of Commissioners
Share ownership of members of the Board of Directors
Share Ownership (sheet)
Name Position Non-Bank Financial
Bank Jatim Other Banks Other Companies
Institutions
Busrul Iman President director 3.651.300 - - -
Tonny Prasetyo* Director of Compliance 1.067.400 - - -
Umi Rodiyah** Director of Compliance 508.500 - - -
Edi Masrianto Director of Finance, 764.900 - - -
Treasury & Global
Services
R.Arief Wicaksono Director of Micro, Retail & 952.300 - - -
Medium
Zulhelfi Abidin Director of IT & Digital 347.800 - - -
Eko Susetyono Director of Risk 446.800 - - -
Management
Arif Suhirman Director of Operations 819.700 - - -
* Resigned from his position as Compliance Director at the 2023 Annual GMS on February 7, 2024.
** Appointed as Compliance Director at the 2023 Annual GMS on February 7, 2024, and became effective on July 1, 2024
Share ownership of members of the Board of Commissioners
Share Ownership (sheet)
Name Position Non-Bank Financial
Bank Jatim Other Banks Other Companies
Institutions
Suprajarto President Commissioner 91.000 - - -
Muhammad Mas’ud Independent Commissioner - - - -
Adhy Karyono Commissioner 81.500 - - -
Sumaryono Independent Commissioner - - - -
Candra Fajri Ananda* Independent Commissioner - - - -
Dadang Setiabudi** Independent Commissioner - - - -
*) Resigned from his position as Independent Commissioner at the 2023 Annual GMS on February 7, 2024.
**) Appointed as Independent Commissioner at the Extraordinary GMS on September 26, 2024 and became effective since the Decree of the Members of the Board of
Commissioners of the Financial Services Authority (OJK) dated November 4, 2024
***) Appointed as Independent Commissioner at the Extraordinary GMS on September 26, 2024 and effective November 4, 2024
Share Ownership Transactions of The Board of 10 (ten) days from the occurrence of ownership or change
Directors and Board of Commissioners in ownership of the shares of the Public Company.
The Policy on Disclosure of Information on Share Ownership of Meanwhile, the submission of information by the Board of
the Board of Commissioners and Directors has been regulated Directors/Board of Commissioners applied to each change
in the Guidelines for Implementing Investor Relations Corporate of ownership. Reports to the Public Company shall be made
Secretary Chapter IV, namely as follows: no later than 3 (three) working days after the ownership
or change in ownership of shares occured. Reports carried
• Ownership Report or Any Change in Public Company Share out independently had to be submitted no later than 10
Ownership (ten) days from the occurrence of ownership or change in
Reporting of members of the Board of Directors or members ownership of the shares of the Public Company. Reporting
of the Board of Commissioners on ownership and any obligations could also be carried out by other parties (in
changes in ownership of the shares of the Public Company, this case the Corporate Secretary) through written power
either directly or indirectly, and any Party that owned of attorney. Submission of a report through a proxy had
shares, either directly or indirectly, should be at least 5% to be made no later than 5 (five) days after the change in
(five percent) of the paidup capital in the Public Company. share ownership occured and had to be accompanied by
Reporting obligations for parties who owned at least 5% a copy of the power of attorney based on the applicable
(five percent) could be applied to changes in ownership of regulations.
at least 0.5% (zero point five percent) in 1 (one) or several
transactions. The report had to be submitted no later than
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In 2024, the disclosure of Share Ownership Information for the Board of Commissioners and Directors was in accordance with the
applicable Implementation Guidelines. Purchase/sale of shares of the Board of Commissioners and Board of Directors in 2024 were
as follows.
Number of Transaction Transaction
No Name Before After Price
Transaction Shares date Purpose
2,958,900 3,301,800 342,900 590 May 13, 2024 LTI Program
1 Busrul Iman
3,301,800 3,651,300 349,500 570 May 27, 2024 Investment
327,600 547,900 220,300 590 May 13, 2024 LTI Program
2 Edi Masrianto
547,900 764,900 217,000 505 June 14, 2024 Investment
3 R. Arief Wicaksono 728,200 952,300 224,100 590 May 13, 2024 LTI Program
124,100 346,800 222,700 590 May 13, 2024 LTI Program
4 Eko Susetyono
346,800 446,800 100,000 535 May 31, 2024 Investment
24,200 247,700 223,500 590 May 13, 2024 LTI Program
5 Zulhelfi Abidin 247,700 247,800 100 550 May 29, 2024 Investment
247,800 347,800 100,000 535 May 30, 2024 Investment
- 136,700 136,700 590 LTI Program
6 Arif Suhirman May 15, 2024
136,700 819,700 683,000 585 Investment
7 Umi Rodiyah 226,500 508,500 282,000 530 May 31, 2024 Investment
Organs and Committees Under The Board of Commissioners
2. Coordinate with the Board of Directors and related work
In supervising the Company, the Board of Commissioners is units with regard to the activities and duties of the Board
assisted by the Secretariat of the Board of Commissioners of Commissioners.
and Committees under the Board of Commissioners. 3. Coordinate with related work units in preparing the
Committees under the Board of Commissioners consist of necessary materials in relation to the preparation of
the Audit Committee, the Risk Monitoring Committee and the reports involving the Board of Commissioners.
Remuneration and Nomination Committee. The organs and 4. Prepare materials/materials that are needed in relation
committees under the Board of Commissioners are described to matters that must obtain a decision from the Board of
as follows. Commissioners regarding the Company’s management
activities carried out by the Board of Directors and all staff.
Secretariat of Board of Commissioners 5. Prepare considerations, opinions, suggestions and
other decisions from the Board of Commissioners for
The Board of Commissioners of Bank Jatim in carrying out shareholders, the Board of Directors and parties related to
their duties and responsibilities is assisted by a work unit called the management of the Company.
the Secretariat of the Board of Commissioners. The Group 6. Follow up every decision of the Board of Commissioners by:
Secretariat of the Board of Commissioners of Bank Jatim is a. Record every decision made in decision-making forums
structurally under the Corporate Secretary. The Secretariat and the person in charge.
Group of the Board of Commissioners is responsible to the b. Monitor and check the progress stages of the
Board of Commissioners to assist the Board of Commissioners implementation of the results of meeting decisions/
in secretarial activities and in carrying out their duties. considerations, opinions, suggestions and other
decisions of the Board of Commissioners.
Duties and Responsibilities of The Secretariat of The c. Make efforts to encourage the implementation of
Board of Commissioners followup decisions on meetings/considerations,
opinions, suggestions and other decisions of the Board
1. Manage the agenda for the Board of Commissioners meeting of Commissioners to the person in charge.
activities and be responsible for the implementation 7. Report to the Company regarding the share ownership
process, prepare meeting materials, compile meeting of members of the Board of Commissioners and/or their
minutes, and administer the Board of Commissioners families in the Company and other Companies.
Meetings in an orderly manner, Committees Meetings 8. Prepare a report on the supervisory duties that have been
under the Board of Commissioners, and Meetings of the carried out by the Board of Commissioners during the
Board of Commissioners inviting the Board of Directors. previous financial year to the GMS.
9. Coordinate with the Committees of the Board of
Commissioners in preparing reports on the results of
supervision of the implementation of the Company’s
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07 Corporate
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Business Plan every semester to OJK in accordance with 7. Coordinate the participation of the Board of Commissioners
the prevailing laws and regulations. and committees under the Board of Commissioners
10. Coordinate the drafting of the Board of Commissioners’ in training/seminars/other competency development
Annual Work Plan and Budget which is an integral part of activities in accordance with the respective areas of
the Company’s Annual Work Plan and Budget prepared by supervision of each Commissioner/Committee.
the Board of Directors. 8. Facilitate the implementation of the duties of the Board of
11. Coordinate the preparation of suggestions and opinions Commissioners and committees related to the nomination
regarding the agenda and materials of the GMS, including process for the nomination of Bank Supervisory Candidates.
but not limited to: 9. Carry out other duties to support the smoothness of the
a. Coordinating the agenda and materials with related supervisory and advisory duties carried out by the Board of
parties. Commissioner.
b. Prepare materials that are the responsibility of the
Board of Commissioners, and provide opinions on the Audit Committee
material as a whole.
12. Coordinate the participation of the Board of Commissioners Basic Establishment of The Audit Committee
and Committees under the Board of Commissioners
in training/ seminars/other competency development The establishment of the Audit Committee is based on the
activities in accordance with the respective areas of following rules:
supervision of the Board of Commissioners/ Committees. 1. OJK Regulation No. 55/POJK.04/2015 concerning the
13. Carry out other duties to support the smoothness of the Establishment and Guidelines for Implementing the Work
supervisory and advisory duties carried out by the Board of of the Audit Committee, dated December 23, 2015.
Commissioners. 2. OJK Regulation No. 46 /POJK.03/2017 concerning
Implementation of Compliance Function for Commercial
The Implementation of The Secretariat of The Board Banks, dated July 12, 2017.
of Commissioners 3. OJK Regulation No. 39/POJK.03/2019 concerning the
Implementation of Anti-Fraud Strategy for Commercial
During 2024 the Secretariat of the Board of Commissioners Banks, December 19, 2019.
has carried out the following task: 4. OJK Regulation no 17 of 2023 concerning Implementation
1. Prepare meeting materials, compile minutes of meetings, of Governance for Commercial Banks, dated September 14,
and administer the Board of Commissioners Meetings in 2023.
an orderly manner, Meetings of committees under the 5. The Company’s Articles of Association regarding the Duties
Board of Commissioners, and Meetings of the Board of and Authorities of the Board of Commissioners and its
Commissioners inviting the Directors. amendments.
2. Provide input and information to the Board of
Commissioners on matters of concern to the Board of Duties and Responsibilities of The Audit Committee
Commissioners, including, among others, the policies and
strategies of the Board of Directors in achieving the Bank’s In carrying out its functions, the Audit Committee has duties
Business Plan. and responsibilities including:
3. Cooperate with the Committees under the Board of 1. Monitoring and evaluating audit planning and
Commissioners in fulfilling the obligations of the Board implementation;
of Commissioners, including reports from the Board of 2. Monitoring of follow-up to audit results;
Commissioners to the Regulator. 3. Monitoring and evaluating the implementation of the duties
4. Coordinate the drafting of the Board of Commissioners’ of the Internal Audit Business Unit (SKAI);
Annual Work Plan and Budget and monitor the progress of 4. Conducting a review of financial information that the
implementing the work plan on time. Bank will issue to the public and/or authorities, including
5. Coordinate the implementation of Work Visits for the Board financial reports, projections and other reports related to
of Commissioners and Committees under the Board of the Bank’s financial information;
Commissioners, including administering the Visit Report. 5. Conducting a review of compliance with laws and
6. Administer the correspondence of the Board of regulations relating to the Bank’s activities;
Commissioners and committees under the Board of 6. Providing an independent opinion in the event of a
Commissioners, including drafting the approval of the difference of opinion between management and the
Board of Commissioners on matters proposed by the Accountant regarding the services provided;
Board of Directors to seek approval from the Board of 7. Providing recommendations to the Board of Commissioners
Commissioners. regarding the appointment of Accountants based on
independence, scope of assignment, and service fees;
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8. Conducting a review of the implementation of the audit by 1. Basic Principles
the internal auditor and supervising the implementation of 2. Organization and Management
follow-up actions by the Board of Directors on the findings 3. Committee Work Program and Performance Evaluation
of the internal auditor; 4. Committee Working Procedures
9. Conducting a review of the implementation of the audit by 5. Committee Meeting
external auditors and supervising the implementation of 6. Monitoring, Evaluation, and Follow-up of Recommendations
follow-up actions by the Board of Directors on the findings 7. Documentation, Administration, and Reporting
of external auditors (OJK, BPK, KAP, BI and BPKP);
10. Reviewing complaints relating to the Bank’s accounting Authority of Audit Committee
and financial reporting processes;
11. Maintaining the confidentiality of Bank documents, data In carrying out their duties, the Audit Committee has the
and information; and following authority:
12. Assisting the Board of Commissioners to: 1. Accessing the Bank’s documents, data, and information
a. Continuously improve the quality of implementation of regarding to the employees, fund, assets, and the required
good corporate governance by applying the principles company resources.
of transparency, accountability, responsibility, 2. Communicating directly to the employees, including the
independence and fairness, to strengthen the internal Board of Directors and parties performing the internal
conditions of national banking; audit function, risk management, and accountant in regard
b. Encourage the implementation of good corporate to the Audit Committee duties.
governance, the formation of an adequate internal 3. Involving independent parties outside the Audit Committee
control structure, improve the quality of transparency members necessary to help conduct their duties (if
and financial reporting, and review the scope, required).
determination of independence and objectivity of 4. Performing any other authority given by the Board of
public accountants; Commissioners.
c. Assess the adequacy of the Bank’s internal audit
function, to assess all aspects of activities in line with Term of Office of the Audit Committee
applicable laws and regulations; and
d. Assess the effectiveness of the implementation of the The term of office of the Audit Committee shall not be longer
Bank’s internal audit tasks in creating a healthy Bank than the term of office of the Board of Commissioners as
that is able to develop naturally. stipulated in the articles of association or internal provisions of
the Bank, and may be reappointed for a certain term of office.
Audit Committee Charter
Structure, Membership, and Expertise of The Audit
The Audit Committee has a Work Guideline which is regulated Committee
in the Charter/Standard Operating Procedure for the Work
Guidelines of the Board of Commissioners Committee Number The structure, membership and expertise of the Audit
063/03/52/DKM/KEP dated March 28, 2024, which regulates: Committee can be seen in the table below.
Structure, Membership and Expertise of the Audit Committee for the Period January 1, 2024 – November 27, 2024
Name Position Determination Decree Information Expertise
Sumaryono Chairman Board of Directors Decree Number 062/105/ Independent Commissioner Economics
Muhammad Mas’ud Member DIR/HCP/KEP concerning the Composition of Independent Commissioner Economics
the Board of Commissioners Committee for
Moch. Arifin Member the 2024 Period of PT Bank Pembangunan Independent Party Legal
Kusnadi Member Daerah Jawa Timur Tbk Independent Party Economics
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Structure, Membership and Expertise of the Audit Committee Period November 28, 2024 – December 31, 2024
Name Position Determination Decree Information Expertise
Sumaryono Chairman Independent Commissioner Economics
Board of Directors Decree Number 063/063/
Muhammad Mas’ud Member Independent Commissioner Economics
DIR/HCP/KEP concerning the Composition of
Dadang Setiabudi* Member the Board of Commissioners Committee for Independent Commissioner Economics
the 2024 Period of PT Bank Pembangunan
Kusnadi Member Independent Party Economics
Daerah Jawa Timur Tbk
Moch. Arifin Member Independent Party Legal
Information:
* Appointed as Independent Commissioner at the Extraordinary GMS on September 26, 2024 and became effective since the Decree of the Members of the Board of
Commissioners of the Financial Services Authority (OJK) dated November 4, 2024
Profile of Audit Committee
The profile of the Audit Committee as of December 31, 2024 is as follow.
Sumaryono
Chairman of the Audit Committee
His profile can be seen in the Profile of the Board of Commissioners in this Annual Report.
Muhammad Mas’ud
Member of Audit Commitee
His profile can be seen in the Profile of the Board of Commissioners in this Annual Report.
Dadang Setiabudi
Member of Audit Commitee
His profile can be seen in the Profile of the Board of Commissioners in this Annual Report.
422 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Kusnadi
Audit Committee Member (Independent Party)
Citizenship : Indonesian Citizens
Place and Date of Birth/
: Cianjur, June 18, 1966/Aged 58 years as of December 2024
Age
Domicile : Malang
Educational • Bachelor of Accounting, Brawijaya University, Malang (1990)
Background • Master of Agribusiness, UGM Yogyakarta (2004)
Certification • Risk Management Certification Level 2 Year 2006.
• Bank Internal Audit Competency Certificate With Special Occupational Qualifications In BRI Audit Supervisor Work
(BRI Professional Certification Institute) Year 2021
Work Experience • Job Trainer, Muara Bungo Office (1990-1992)
• Staff I, Bitung Office (1992-1994)
• Staff II, Tegal Office (1994-1997)
• MLO, Cilegon Office (1997-1999)
• MLO, Jakarta Office, Roxi (1999-2002)
• Head of Pekalongan Wiradesa Assistant Branch (2002-2004)
• Head of BRI Luwuk Branch (2004-2006)
• Head of BRI Parepare Branch (2007-2009)
• Head of BRI Lubuk Pakam Branch (2009-2011)
• Head of BRI Nganjuk Branch (2011-2012)
• Head of BRI Jakarta Kota Branch (2012-2012)
• Special Staff (2012-2016)
• Head of Logistics Pekanbaru (2016-2019)
• GH AIW Bandung (2019-June 2022)
Legal Basis of Board of Directors Decree No. 061/200/DIR/HCP/KEP dated October 3, 2022
Appointment
Period of Office Period I
Term of Office Period 2022-2026
Concurrent Positions None
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07 Corporate
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Moch. Arifin
Audit Committee Member (Independent Party)
Citizenship : Indonesian Citizens
Place and Date of Birth/
: Surabaya, 02 February 1971/53 years as of December 31, 2024
Age
Domicile : Surabaya
Educational Bachelor of Law, Bhayangkara University, Surabaya (1994)
Background
Certification • Minutes of the Oath Taking (BAPS)
• Advocate Card (KTA) of the Indonesian Advocates Association (PERADI)
Work Experience • Advocate (1996 – Present)
• Legal Consultant PT Berlian Mandiri Perkasa, Surabaya (2001 – Present)
• Legal Consultant PT Java Green Transport, Sidoarjo (2009 – Present)
• Legal Consultant PT Multi Color Indonesia, Sidoarjo (2009 – Present)
• Legal Consultant PT Angkasa Raya, Surabaya (2009- Present)
• Legal Consultant Bank Yudha Bhakti (2005 – 2015)
• Chairman of the Supervisory Board of the Kediri City Rural Credit Bank, (2012 – 2018)
• Legal Consultant PT Perkebunan Nusantara IX, Surakarta (2014 – 2020)
• Expert Staff of the Legal Bureau of the Regional Secretariat of the East Java Provincial Government (2013 – Present)
Legal Basis of Board of Directors Decree No. 061/200/DIR/HCP/KEP dated October 3, 2022
Appointment
Period of Office Period I
Term of Office Period 2022-2026
Concurrent Positions • Legal Consultant PT Berlian Mandiri Perkasa, Surabaya (2001 – Present)
• Legal Consultant PT Java Green Transport, Sidoarjo (2009 – Present)
• Legal Consultant PT Multi Color Indonesia, Sidoarjo (2009 – Present)
• Legal Consultant PT Angkasa Raya, Surabaya (2009- Present)
• Expert Staff of Legal Bureau of Regional Secretariat of East Java Provincial Government (2013 – Present)
Qualification of Education and Experience of Audit Committee
Table of Audit Committee Education Qualification and Work Experience
Name Position Education Work experience
Sumaryono Chairman Bachelor of Business Administration Have work experience in banking.
Science, Brawijaya University
Muhammad Mas’ud Member • Bachelor in Public Administration Have work experience including in finance, political science and
• Master of Management economics
• Doctor (Ph.D) in School of Political
and International Studies
Dadang Setiabudi* Member • Bachelor of Accounting, Padjajaran Have work experience including in banking, finance, information
University technology.
• Master of Agribusiness
Management, Bogor Agricultural
Institute
Kusnadi Member • Bachelor of Accounting Have banking work experience
• Master of Agribusiness
Moch. Arifin Member Bachelor of Laws Have work experience including in the fields of law and banking
Information:
* Appointed as Independent Commissioner at the Extraordinary GMS on September 26, 2024 and became effective since the Decree of the Members of the Board of
Commissioners of the Financial Services Authority (OJK) dated November 4, 2024
424 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Audit Committee Independence
Table of Audit Committee Independence
Independence Aspect Muhammad Dadang Moch. Arifin
Sumaryono Kusnadi
Mas’ud Setiabudi*
Has no financial relationship with the Board of
Commissioners and Directors √ √ √ √ √
Has no management relationships in the company,
subsidiaries or affiliated companies √ √ √ √ √
Has no share ownership in the company √ √ √ √ √
Has no family relationship with the Board of
Commissioners, Directors, and/or fellow members of the √ √ √ √ √
Audit Committee
Not serving as a political party administrator, official or
government official √ √ √ √ √
* Appointed as Independent Commissioner at the Extraordinary GMS on September 26, 2024 and became effective since the Decree of the Members of the Board of
Commissioners of the Financial Services Authority (OJK) dated November 4, 2024.
Audit Committee meeting
4. Decisions of the Committee meetings are based
AUDIT COMMITTEE MEETING POLICY on consensus deliberation. If there is no consensus
deliberation, then the decision is made based on the
The implementation and procedures for the Audit Committee majority vote.
meetings are as follows: 5. Committee meetings are recorded in the minutes of the
1. Meetings are held at least 1 (one) time in 1 (one) months meeting, including if there are dissenting opinions and the
according to the needs of the Bank. reasons for the meeting participants for these differences.
2. Meetings can be held if attended by at least 51% of the The minutes of the meeting are signed by all members of
total committee members, including 1 (one) Independent the Audit Committee present and submitted to the Board
Commissioner and Independent Party. of Commissioners.
3. The meeting is chaired by the Chairman of the Audit 6. Meetings can be held offline or online through digital media
Committee or a Member of the Audit Committee from an which allows the Audit Committee meeting participants to
Independent Commissioner if the Chairman of the Audit participate in the meeting
Committee is unable to attend.
AGENDA OF COMMITTEE AUDIT MEETING
Throughout 2024, the implementation date, Meeting Agenda and Meeting Participants of the Audit Committee are as follows.
Table of Meeting Agenda of the Audit Committee
No Meeting Date Meeting Agenda Meeting participants
1 January 23, 2024 Approval of the 2024 Audit Plan of the Internal Audit Division Sumaryono
Kusnadi
Moch. Arifin
2 February 21, 2024 Board of Commissioners' Supervisory Report on the Implementation of the Sumaryono
Bank's Business Plan (RBB) for Semester II of 2023 Kusnadi
Moch. Arifin
3 March 28, 2024 Update on Audit Committee SOP Sumaryono
Muhammad Mas’ud
Kusnadi
Moch. Arifin
4 March 28, 2024 Progress on Resolving External Party Findings (BPK, OJK and KAP) Sumaryono
Kusnadi
Moch. Arifin
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No Meeting Date Meeting Agenda Meeting participants
5 May 06, 2024 1. Treasury Management; Sumaryono
2. Accounting Treatment (Accrual and Cash Basis) in credit granted; Muhammad Mas’ud
3. Explanation Regarding Operational Costs and BOPO Kusnadi
Moch. Arifin
6 June 19, 2024 Evaluation of the Implementation of Audit Services for Annual Historical Sumaryono
Financial Information Fiscal Year 2023 at Bank Jatim by KAP Paul Hadiwinata, Kusnadi
Hidajat, Arsono, Retno, Palilingan & Rekan Moch. Arifin
7 July 23, 2024 Procurement Process for Audit Services for the Annual Financial Report of PT Sumaryono
Bank Pembangunan Daerah Jawa Timur Tbk by Public Accountants (AP) and/or Kusnadi
Public Accounting Firms (KAP) for the 2024 Fiscal Year Moch. Arifin
8 August 13, 2024 1. Report on Internal Audit Division Performance for Semester I of 2024; Sumaryono
2. Follow-up on Settlement of External Party Findings (unresolved) Kusnadi
Moch. Arifin
9 August 13, 2024 Discussion on the Preparation of the Terms of Reference (TOR) and Own Sumaryono
Estimated Price (HPS) in the Implementation of the Provision of Audit Services Kusnadi
for the 2024 Fiscal Year by Public Accountants (AP) and/or Public Accounting Moch. Arifin
Firms (KAP)
10 August 22, 2024 Board of Commissioners' Supervisory Report on the Implementation of the Sumaryono
Bank's Business Plan (RBB) for Semester I of 2024 Muhammad Mas’ud
Kusnadi
Moch. Arifin
11 September 30, 2024 Discussion of Recapitulation Report of Employees Who Commit Fraud Sumaryono
(unresolved) Kusnadi
Moch. Arifin
12 October 30, 2024 Progress of Procurement of Public Accountants (AP) and/or Public Accounting Sumaryono
Firms (KAP) to conduct Audit of Financial Report of PT Bank Pembangunan Muhammad Mas’ud
Daerah Jawa Timur Tbk in 2024 Kusnadi
Moch. Arifin
13 November 29, 2024 1. Evaluation Results of Public Accountant (AP)/Public Accounting Firm (KAP) Sumaryono
Procurement Bid Documents for the Audit of the 2024 Financial Report of Muhammad Mas’ud
PT Bank Pembangunan Daerah Jawa Timur Tbk and the Sharia Business Unit Dadang Setiabudi*
along with the Consolidated Report with the KUB Bank; Kusnadi
2. Audit Committee Recommendations to AP/KAP. Moch. Arifin
14 December 23, 2024 Audit Committee Work Program Sumaryono
Muhammad Mas’ud
Dadang Setiabudi*
Kusnadi
Moch. Arifin
FREQUENCY AND ATTENDANCE OF AUDIT COMMITTEE MEETINGS
During 2024, the Audit Committee held 14 (fourteen) meetings. The frequency and level of attendance of each member of the Audit
Committee are as follows.
Table of Attendance Level on Audit Committee Meeting
Audit Committee Meeting
Name Position Number and Attendance Percentage
Number of Meetings Number of Attandance Percentage
Sumaryono Chairman 14 14 100%
Muhammad Mas’ud Member 14 6 43%
Dadang Setiabudi* Member 1 1 100%
Kusnadi Member 14 14 100%
Moch. Arifin Member 14 14 100%
Information:
* Appointed as Independent Commissioner at the Extraordinary GMS on September 26, 2024 and became effective since the Decree of the Members of the Board of
Commissioners of the Financial Services Authority (OJK) dated November 4, 2024.
426 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Audit Committee Remuneration
No Description Non-Commissioner Member
1 Salary / Honorarium Receive an honorarium of 12,5% of the President Director’s Salary
2 Post-Position Compensation Not Given
In accordance with the applicable provisions for the Board of Commissioners or Permanent
3 Holiday allowance
Employees of the Bank
4 Bonus / Tantiem In accordance with the provisions that apply to Permanent Employees of the Bank
5 Facility:
Transportation Allowance Not Given
In accordance with the applicable provisions for the Board of Commissioners or Permanent
Health
Employees of the Bank
In accordance with the applicable provisions for the Board of Commissioners or Permanent
Official travel
Employees of the Bank
Training and/or Competency Improvement of The Audit Committee In 2024
Types of Training and
Name Time and place Organizer
Position Development Materials
Implementation
Competence/Training
Education and/or Competency Improvement can be seen in the Education and/or Competency
Sumaryono Chairman
Improvement section for the Board of Commissioners
Education and/or Competency Improvement can be seen in the Education and/or Competency
Muhammad Mas’ud Member
Improvement section for the Board of Commissioners
Education and/or Competency Improvement can be seen in the Education and/or Competency
Dadang Setiabudi* Member
Improvement section for the Board of Commissioners
National Seminar on the Implementation of
Sorong, May 1, 2024 FKDK – BPD SI
OJK Regulation
Exam of Risk Management Certification
Jakarta, May 19, 2024 BSMR
Program Level 5
Kusnadi Member National Seminar “Optimizing the Role
of the Board of Commissioners in the
Implementation of Market Conduct in the
Solo, December 05, 2024 FKDK – BPDSI
Framework of BPDSI Consumer Protection,
and Leadership Program for the BPDSI
Board of Commissioners”
Moch. Arifin Member Executive Sharia Banking Surabaya, March 04, 2024 Muamalat Institute
* Appointed as Independent Commissioner at the Extraordinary GMS on September 26, 2024 and became effective since the Decree of the Members of the Board of
Commissioners of the Financial Services Authority (OJK) dated November 4, 2024
Work Program and Implementation of Duties of The Quarter II
Audit Committee In 2024 1. Evaluation of General Annual Historical Financial Audit
Results from KAP (Public Accountant Office).
The Audit Committee’s Work Program for 2024 includes: 2. Evaluation of Follow-Up of General Audit Findings from
Internal and External Parties.
Quarter I 3. Reviewing projected financial information and other
1. Evaluation of Follow-Up of General Audit Findings from reports related to financial information.
Internal 4. Coordination with the Internal Audit Division after the
2. Evaluation of Special Audit & Fraud Follow-up from the progress reports are received by the Audit Committee.
Internal Audit Division.
3. Reviewing projected financial information and other Quarter III
reports related to financial information. 1. Evaluation of Follow-Up of General Audit Findings from
4. Monitoring the implementation of the Anti-Fraud Strategy Internal and External Parties.
(SAF) and Gratification Control. 2. Evaluation of Special Audit & Fraud Follow-up from the
5. Monitoring and evaluating the implementation of the duties Internal Audit Division.
of the Internal Audit Work Unit (SKAI). 3. Reviewing projected financial information and other
6. Making an annual report on the implementation of the reports related to financial information.
activities of the Audit Committee in the Annual Report.
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4. Provide recommendations to the Board of Commissioners Information by Public Accountants (AP) and/or
regarding the appointment of a Public Accountant Public Accounting Firms (KAP) Paul Hadiwinata,
(AP) based on independence, scope of assignment, and Hidajat, Arsono, Retno, Palilingan & Rekan for the
compensation for services. 2023 Fiscal Year.
5. Monitoring the implementation of the Anti-Fraud Strategy • Evaluation of preliminary audit planning preparation.
(SAF) and Gratification Control. • Strategy and Program of Internal Fraud Prevention
6. Evaluation of the implementation of compliance with (repeated findings).
internal and external regulations. • Performance Evaluation of Internal Audit Division.
• Follow-up on Settlement of Internal and External
Quarter IV Findings (which have not been resolved).
1. Evaluation of Follow-Up of General Audit Findings from
Internal and External Parties. b. Accounting and Financial Management Division:
2. Evaluation of the Audit Plan from the Internal Audit Division • Preparation of Terms of Reference (TOR) and Self-
for Approval of the Implementation of the Audit Plan. Estimated Price (HPS) in the Implementation of the
3. Reviewing projected financial information and other Provision of Audit Services for the 2024 Fiscal Year
reports related to financial information. by Public Accountants (AP) and/or Public Accounting
4. Coordination with the Internal Audit Division after the Firms (KAP).
progress reports are received by the Audit Committee. • Evaluation Results of Public Accountant (AP)/Public
Accounting Firm (KAP) Procurement Bid Documents
Brief Report on the Implementation of Audit Committee for the Audit of the 2024 Financial Report of PT Bank
Activities in 2024 Pembangunan Daerah Jawa Timur Tbk and Sharia
The Audit Committee has carried out its duties and Business Units along with Consolidated Reports with
responsibilities properly as stipulated in the Audit Committee KUB Banks.
Charter and refers to OJK Regulation No. 55/POJK.04/2015, • Audit Committee Recommendations to AP/KAP.
concerning the Establishment and Guidelines for the • Accounting Treatment (Accrual and Cash Basis) in
Implementation of the Audit Committee’s Work, Standard Credit Granted.
Operating Procedure (SOP) for the Work Guidelines of the • Explanation regarding Operational Costs and BOPO.
Board of Commissioners Committee Number 063/03/52/
DKM/KEP. The Audit Committee during the 2024 period held c. General Division:
14 (fourteen) meetings and carried out its duties including: • The Procurement Process for Auditing Services for
1. Implementation of follow-up reports on a number of the Annual Financial Report of PT Bank Pembangunan
fraudulent acts during 2024, and several matters that Daerah Jawa Timur Tbk by Public Accountants (AP)
need to obtain approval from the Board of Commissioners, and/or Public Accounting Firms (KAP) for the 2024
including reports on Realization of Business Plans (RBB), Fiscal Year.
reports on the implementation of the audit function, review • Preparation of Terms of Reference (TOR) and Self-
of the company’s financial statements, and reports on Estimated Price (HPS) in the Implementation of the
internal audit results. Provision of Audit Services for the 2024 Fiscal Year
2. Provide recommendations and reports related to approvals: by Public Accountants (AP) and/or Public Accounting
a. Audit inspection plan (Audit Plan) of the Internal Audit Firms (KAP).
Division. • Evaluation Results of Public Accountant (AP)/Public
b. The appointment of a Public Accounting Firm (KAP) Accounting Firm (KAP) Procurement Bid Documents
was based on independence, scope of assignment, and for the Audit of the 2024 Financial Report of PT Bank
compensation for services. Pembangunan Daerah Jawa Timur Tbk and Sharia
c. Report on the Results of the Evaluation of the Business Units along with Consolidated Reports with
Implementation of Audit Services on the annual historical KUB Banks.
financial information of PT Bank Pembangunan Daerah • Audit Committee Recommendations to AP/KAP.
Jawa Timur Tbk. Fiscal Year 2023.
d. The Election of the Head of SKAI. d. Human Capital Division:
• Discussion of Recapitulation Report of Employees Who
3. Conduct coordination meetings with related divisions, Commit Fraud (unresolved).
including:
a. Internal Audit Division: e. Strategic Planning and Performance Management Division
• Evaluasi Audit Plan Periode 2025. • Coordination of evaluation of the Bank Business Plan
• Evaluation of the 2025 Period Audit Plan. (RBB) report for the second semester of 2023.
• Evaluation of the Implementation of the Provision • Coordination of evaluation of the Bank Business Plan
of Audit Services on Annual Historical Financial (RBB) report for the first semester of 2024.
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Remuneration and Nomination Committee Charter
f. Subsidiary Management Division
• The Procurement Process for Auditing Services for The Remuneration and Nomination Committee has a Work
the Annual Financial Report of PT Bank Pembangunan Guideline which is regulated in the Charter/Standard Operating
Daerah Jawa Timur Tbk by Public Accountants (AP) Procedure (SOP) for the Work Guidelines of the Board of
and/or Public Accounting Firms (KAP) for the 2024 Commissioners Committee Number 063/03/52/DKM/KEP
Fiscal Year. dated March 28, 2024, which regulates:
• Evaluation Results of Public Accountant (AP)/Public 1. Basic Principles
Accounting Firm (KAP) Procurement Bid Documents 2. Organization and Management
for the Audit of the 2024 Financial Report of PT Bank 3. Committee Work Program and Performance Evaluation
Pembangunan Daerah Jawa Timur Tbk and Sharia 4. Committee Working Procedures
Business Units along with Consolidated Reports with 5. Committee Meeting
KUB Banks. 6. Monitoring, Evaluation, and Follow-up of Recommendations
• Audit Committee Recommendations to AP/KAP. 7. Documentation, Administration, and Reporting
g. Treasury Division Duties and Responsibilities of The Remuneration and
• Treasury Management Nomination Committee
4. Coordination with the Risk Monitoring Committee in: 1. Related to Nomination function
a. Monitoring and evaluation of Bank Soundness Level a. Provide recommendations to the Board of
(TKB). Commissioners regarding the structure, policies
b. BPP Review of the Board of Directors’ Work Standard and amount of Remuneration for members of the
Operating Procedure (SOP). Board of Directors and/ or members of the Board of
c. Mid-Year Adjustment/Revision of Bank Work Plan Commissioners.
2024. b. Assist the Board of Commissioners in evaluating
d. Conducting an evaluation of the implementation of performance in accordance with the remuneration
SAF in handling conflicts of interest and controlling received by each member of the Board of Directors
gratification, transparency of financial and non- and/ or members of the Board of Commissioners.
financial information, and integration of the Bank’s c. In carrying out the remuneration function as referred to
strategic plan. in point “a” above, the Remuneration and Nomination
Committee must perform the procedure:
Statement of the Audit Committee on the Effectiveness • Develop a remuneration structure for members of the
of the Internal Control System and Risk Management Board of Directors and/or members of the Board of
Commissioners and the Sharia Supervisory Board,
The internal control system implemented by Bank Jatim is namely in the form of salary, honorarium, incentives,
considered to have been running effectively and adequately as fixed and/or variable allowances;
reflected in the effectiveness of the implementation of internal • Develop and evaluate policies on remuneration
control functions, including internal audit, risk management, for members of the Board of Directors and/or
compliance, financial and operational control functions. members of the Board of Commissioners and the
Sharia Supervisory Board; and
Remuneration and Nomination Committee • Develop the amount of remuneration for members
of the Board of Directors and/or members of the
Basis Establishment of The Remuneration and Board of Commissioners, as well as the Sharia
Nomination Committee Supervisory Board.
d. The preparation of the structure, policy and amount of
Members of the Remuneration and Nomination Committee are Remuneration must pay attention to:
based on the following regulations: • Remuneration applicable to the industry in
1. OJK Regulation No. 55/POJK.03/2016 concerning accordance with business activities and similar
Implementation of Governance for Commercial Banks. business scales in its industry (peer groups).
2. OJK Regulation No. 34/POJK.04/2014 concerning the • The duties, responsibilities and authority of
Nomination & Remuneration Committee of Issuers or members of the Board of Directors and/or members
Public Companies. of the Board of Commissioners are related to the
3. Articles of Association regarding the duties and authorities achievement of the objectives and performance of
of the Board of Commissioners and their amendments. the bank.
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• Performance targets or the performance of each g. Provide recommendations regarding Independent
member of the Board of Directors and/or members Parties who will become members of the Audit
of the Board of Commissioners.serta Dewan Committee and members of the Risk Monitoring
Pengawas Syariah; and Committee.
• A balance of benefits between those that are h. Assist the Board of Commissioners in compiling
permanent and variable. and analyzing dismissal criteria for the Board of
e. Assisting the Board of Commissioners in providing Commissioners and Directors.
recommendations on the payroll/wage system, i. Assist the Board of Commissioners in monitoring the
provision of allowances and facilities for employees. implementation and analysis of selection criteria and
f. Assisting the Board of Commissioners in providing procedures for bank executive candidates.
recommendations on the compensation system and j. In carrying out the Nomination function, the
other benefits for employees. Remuneration and Nomination Committee must carry
g. Ensuring that the remuneration policy is in accordance out the following procedures:
with the provisions. • Compile the composition and process of
h. Conducting periodic evaluations of the implementation nomination of members of the Board of Directors
of the remuneration policy. and/or members of the Board of Commissioners.
• Formulate policies and criteria needed in the
2. Related to Remuneration function process of nominating candidates for members
a. Provide recommendations to the Board of of the Board of Directors and/or members of the
Commissioners regarding the composition of the Board of Commissioners.
positions of members of the Board of Directors and/or • Assist in the evaluation of the performance
members of the Board of Commissioners. of members of the Board of Directors and/or
b. Provide recommendations to the Board of members of the Board of Commissioners.
Commissioners regarding the policies and criteria • Formulate a capacity building program for members
needed in the Nomination process. of the Board of Directors and/or members of the
c. Provide recommendations to the Board of Board of Commissioners.
Commissioners regarding performance evaluation • Review and propose candidates who qualify
policies for members of the Board of Directors and/ or as members of the Board of Directors and/or
members of the Board of Commissioners. members of the Board of Commissioners to the
d. Assist the Board of Commissioners in evaluating the Board of Commissioners to be submitted to the
performance of members of the Board of Directors GMS.
and/ or members of the Board of Commissioners based
on benchmarks that have been prepared as evaluation Authority of Remuneration and Nomination Committee
material.
e. Provide recommendations to the Board of The Board of Commissioners authorizes the Remuneration and
Commissioners regarding the capacity building Nomination Committee within the scope of responsibility for:
program for members of the Board of Directors and/or 1. Obtaining various information needed for the
members of the Board of Commissioners. implementation of the Nomination and Remuneration
f. Provide proposals for candidates who qualify as function from various parties, both internal and external to
members of the Board of Directors and/or members the bank.
of the Board of Commissioners to the Board of 2. Obtaining the advice or input needed in the context of
Commissioners to be submitted to the GMS. the implementation of the Nomination and Remuneration
function from both internal and external parties of the
bank.
Term of Office of the Remuneration and Nomination Committee
The term of office of the Remuneration and Nomination Committee shall not be longer than the term of office of the Board of
Commissioners as stipulated in the articles of association or internal provisions of the Bank, and may be reappointed for a certain
term of office.
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2024
STRUCTURE, MEMBERSHIP AND EXPERTISE OF THE REMUNERATION AND NOMINATION COMMITTEE
Structure, Membership and Expertise of the Remuneration and Nomination Committee Period January 1, 2024 – November 27, 2024
Name Position Determination Decree Information Expertise
Muhammad Mas’ud Chairman Independent Commissioner Economics
Board of Directors Decree Number 062/105/
Adhy Karyono Member DIR/HCP/KEP concerning the Composition of Commissioner Economics
Sumaryono Member the Board of Commissioners Committee for Independent Commissioner Economics
the 2024 Period of PT Bank Pembangunan
Daerah Jawa Timur Tbk Ex-Officio Member of HC Division
Slamet Purwanto Member Economics
Leader)
Structure, Membership and Expertise of the Remuneration and Nomination Committee Period November 28, 2024 – December 31, 2024
Name Position Determination Decree Information Expertise
Muhammad Mas’ud Chairman Independent Commissioner Economics
Adhy Karyono Member Commissioner Economics
Board of Directors Decree Number 063/063/
Sumaryono Member DIR/HCP/KEP concerning the Composition of Independent Commissioner Economics
Dadang Setiabudi* Member the Board of Commissioners Committee for Independent Commissioner Economics
the 2024 Period of PT Bank Pembangunan
Yusuf Adnan** Member Daerah Jawa Timur Tbk Independent Party Economics
Ex-Officio Member (HC Division
Slamet Purwanto Member Economics
Leader)
Information:
* Appointed as Independent Commissioner at the Extraordinary GMS on September 26, 2024 and became effective since the Decree of the Members of the Board of
Commissioners of the Financial Services Authority (OJK) dated November 4, 2024.
** Appointed as a member (Independent Party) of the Remuneration and Nomination Committee on November 13, 2024
Profile of The Remuneration and Nomination Committee
The profile of the Remuneration and Nomination Committee as of December 31, 2024 is as follow.
Muhammad Mas’ud
Chairman concurrently Member of Remuneration and Nomination Committee
His profile can be seen in the Profile of the Board of Commissioners in this Annual Report.
Adhy Karyono
Member of Remuneration and Nomination Committee
His profile can be seen in the Profile of the Board of Commissioners in this Annual Report.
Dadang Setiabudi
Member of Remuneration and Nomination Committee
His profile can be seen in the Profile of the Board of Commissioners in this Annual Report.
Sumaryono
Member of Remuneration and Nomination Committee
His profile can be seen in the Profile of the Board of Commissioners in this Annual Report.
PT Bank Pembangunan Daerah Jawa Timur Tbk 431
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Yusuf Adnan
Remuneration and Nomination Committee Members
Citizenship : Indonesian Citizen
Place and Date of Birth/
: Born in Serang in 1990. Age 34 years as of 2024.
Age
Domicile : Surabaya
Educational • Bachelor of Information Systems from the Information Technology Institute, Surabaya (2013)
Background • Master of Management from the University of Indonesia (2018)
• Master of Business Administration Institut d’Administration des Entrepises de Grenoble, Grenoble (2018)
Certification -
Work Experience Joined Bank Jatim in November 2024. Prior to occupying his current position, he was Co-Founder, Finance & Strategic
Manager of PT Bina Informasi Optima Solusindo (December 2021), Finance Manager of PT Energi Mineral Langgeng,
Jakarta (until August 2024)
Legal Basis of Since November 2024, he has served as a Member of the Remuneration and Nomination Committee in accordance with the
Appointment Employment Contract Agreement Letter of PT Bank Pembangunan Daerah Jawa Timur Tbk Number 063/66/HCP/PK dated
November 13, 2024.
Period of Office Period I
Term of Office November 13 – present
Concurrent Positions None
Slamet Purwanto
Remuneration and Nomination Committee Members
Citizenship : Indonesian Citizen
Place and Date of Birth/
: Born in Surabaya in 1979. Age 46 years as of 2024.
Age
Domicile : Surabaya
Educational • Bachelor of Computer Science from the College of Informatics Management and Computer Engineering (STIKOM)
Background (2004)
• Master of Management from the National Development University “Veteran” East Java (2016)
Certification • Risk Management Certification Level 1
• Risk Management Certification Level 2
• Risk Management Certification Level 3
• Risk Management Certification Level 4
• Risk Management Certification Refresher
Work Experience Joined Bank Jatim in 2007. Prior to occupying his current position, he served as Senior Analyst of the Human Capital
Division (2015), Head of the Investor Relations Corporate Secretary Sub-Division (2015), Head of the Human Capital
Development Sub-Division (2020), Head of the Human Capital Policy & Development Sub-Division (2020), Head of the
Learning Center Sub-Division (2021), AVP Learning Center (2023).
Legal Basis of Since July 2023, he has served as Acting Vice President of the Human Capital Division based on the Decree of the Board of
Appointment Directors No. 062/055/DIR/HCP/KEP dated July 5, 2023.
Period of Office Period I
Term of Office July 5, 2023 – present
Concurrent Positions None
432 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Qualification of Educational and Work Experience of The Remuneration and Nomination Committee
Table of Qualification of Educational and Work Experience of The Remuneration and Nomination Committee
Name Position Education Work experience
Muhammad Mas’ud Chairman • Bachelor of Public Administration Have work experience including in finance, political science and
Science, Brawijaya University economics
• Master of Management,
Muhammadiyah University of
Malang
• Doctor (Ph.D) in School of Political
and International Studies
Adhy Karyono Member • Bachelor of Social and Political Have work experience in government.
Sciences, University of Garut
• Master of Public Administration
(Apparatus Resource
Management)
Sumaryono Chairman Bachelor of Business Administration Have work experience in banking.
Science, Brawijaya University
Dadang Setiabudi* Member • Bachelor of Accounting, Padjajaran Have work experience including in banking, finance, information
University technology.
• Master of Agribusiness
Management, Bogor Agricultural
Institute
Yusuf Adnan** Member • Bachelor of Information Systems Have work experience in finance and information technology.
from the Institute of Information
Technology;
• Master of Management
• Master of Bussines Administration
Institut d’Administration des
Entrepises de Grenoble
Slamet Purwanto Ex-officio • Bachelor of Computer Science Have work experience including in banking and Human
Member STIKOM Resources
• Master of Management UPN
Veteran East Java
Independence of The Nomination and Remuneration Committee
The Remuneration and Nomination Committee carries out its duties, responsibilities and authority professionally and independently,
without interference from any party that is not in accordance with the laws and regulations. Members of the Remuneration and
Nomination Committee have fulfilled all the independence criteria and are able to carry out their duties independently, uphold the
interests of the Bank and cannot be influenced by any party. This can be seen from the majority of Commissioners who are members
of the Remuneration and Nomination Committee who are Independent Commissioners.
Table of Independence of the Remuneration and Nomination Committee
Muhammad Adhy Dadang Yusuf Slamet
Independence Aspect Sumaryono
Mas’ud Karyono Setiabudi* Adnan** Purwanto
Has no financial relationship with the
Board of Commissioners and Directors √ √ √ √ √ √
Has no management relationships in
the company, subsidiaries or affiliated √ √ √ √ √ √
companies
Has no share ownership in the
company √ √ √ √ √ √
Has no family relationship with the
Board of Commissioners, Directors,
and/or fellow members of the √ √ √ √ √ √
Nomination and Remuneration
Committee
Not serving as a political party
administrator, official or government √ √ √ √ √ √
official
* Appointed as Independent Commissioner at the Extraordinary GMS on September 26, 2024 and became effective since the Decree of the Members of the Board of
Commissioners of the Financial Services Authority (OJK) dated November 4, 2024.
** Appointed as a member (Independent Party) of the Remuneration and Nomination Committee on November 13, 2024.
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Meeting of The Nomination and Remuneration Committee
NOMINATION AND REMUNERATION COMMITTEE MEETING POLICY
The Remuneration and Nomination Committee Meeting is held periodically at least 1 (one) time in 3 (three) months. The Remuneration
and Nomination Committee Meeting can only be held if attended by a majority of the members of the Remuneration and Nomination
Committee and one of the majority of the members of the Remuneration and Nomination Committee is the Chairperson of the
Remuneration and Nomination Committee.
MEETING AGENDA OF THE NOMINATION AND REMUNERATION COMMITTEE
Table of Agenda for the Remuneration and Nomination Committee Meeting
No Meeting Date Meeting Agenda Meeting Participants Information
1 January 29, 2024 1. Adjustment of the use of the term Acting Official (Plt) for the Muhammad Mas’ud Nomination and
Replacement Director in connection with the implementation Sumaryono Remuneration
of OJK Regulation No. 17 of 2023, following the Memorandum Fenty Rischana K
from the Corporate Secretary Number 063/91/CSE/CKST/
NOTA dated January 10, 2023;
2. Evaluation of the Remuneration Policy;
3. Calculation of Tantiem/Production Service Distribution;
4. Recommendation for Sharia Supervisory Board Candidates.
2 February 06, 2024 Evaluation and Recommendation of Bank Jatim’s Management Muhammad Mas’ud Nomination
Candidates Adhy Karyono
Sumaryono
Fenty Rischana K
3 March 28, 2024 Board of Directors’ Proposal regarding the 2024 Religious Muhammad Mas’ud Remuneration
Holiday Allowance for Management, in accordance with Internal Sumaryono
Memo Number 063/034/DIR/HCP/SRT dated March 28, 2024 Fenty Rischana K
4 June 21, 2024 Evaluation and Recommendation of Bank Jatim’s Management Muhammad Mas’ud Nomination
Candidates Adhy Karyono
Sumaryono
Slamet Purwanto
5 August 08, 2024 Provision of Management Remuneration; Muhammad Mas’ud Remuneration
Sumaryono
Sonny Tanjung Y
6 August 29, 2024 1. Evaluation of the Sharia Supervisory Board’s Remuneration; Muhammad Mas’ud Nomination and
2. Discussion of the Nomination Process for Bank Jatim’s Board Sumaryono Remuneration
of Commissioners Candidates Slamet Purwanto
7 October 23, 2024 Evaluation of Candidates for the Remuneration & Nomination Muhammad Mas’ud Nomination
Committee (Independent Party) Sumaryono
Slamet Purwanto
8 December 23, 2024 2025 Work Program of the Remuneration & Nomination Muhammad Mas’ud Nomination and
Committee Sumaryono Remuneration
Dadang Setiabudi*
Yusuf Adnan**
9 December 31, 2024 Variable Compensation Plan End of 2024 for Bank Jatim Muhammad Mas’ud Remuneration
Management, DPS & Committees Sumaryono
Dadang Setiabudi*
Yusuf Adnan**
Slamet Purwanto
Notes:
* Appointed as Independent Commissioner at the EGMS on September 26, 2024, and effective as of the Decision Letter of the Board of Commissioners of the Financial
Services Authority (OJK) dated November 4, 2024
** Appointed as an Independent Member of the Remuneration and Nomination Committee on November 13, 2024.
434 PT Bank Pembangunan Daerah Jawa Timur Tbk
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FREQUENCY AND ATTENDANCE LEVEL OF MEETING OF NOMINATION AND REMUNERATION COMMITTEE
Table of Attendance Level of Remuneration and Nomination Committee Meetings
Remuneration and Nomination Committee Meeting
Name Position Attendance Number and Percentage
Number of Meetings Number of Attendance Percentage
Muhammad Mas’ud Chairman 9 9 100%
Adhy Karyono Member 9 2 22%
Sumaryono Member 9 9 100%
Dadang Setiabudi* Member 2 2 100%
Yusuf Adnan** Member 2 2 100%
Perwakilan Divisi Human Capital Ex-Officio Member 9 8 89%
Notes:
* Appointed as Independent Commissioner at the EGMS on September 26, 2024, and effective as of the Decision Letter of the Board of Commissioners of the Financial
Services Authority (OJK) dated November 4, 2024
** Appointed as an Independent Member of the Remuneration and Nomination Committee on November 13, 2024
Remuneration and Nomination Committee Competency Improvement Program
Types of Training and
Name Time and place Organizer
Position Development Materials
Implementation
Competence/Training
Education and/or Competency Improvement can be seen in the Education and/ or Competency Improvement
Muhammad Mas’ud Chairman
section for the Board of Commissioners
Education and/or Competency Improvement can be seen in the Education and/ or Competency Improvement
Adhy Karyono Member
section for the Board of Commissioners
Education and/or Competency Improvement can be seen in the Education and/ or Competency Improvement
Sumaryono Member
section for the Board of Commissioners
Education and/or Competency Improvement can be seen in the Education and/ or Competency Improvement
Dadang Setiabudi* Member
section for the Board of Commissioners
Yusuf Adnan** Member There has never been any training attended while at Bank Jatim
Corporate Value Internalization for culture Surabaya, January
Kubik Leadership
Leaders 14, 2023
Learning Management System & Training Bandung, March 15,
PT Bangun Kapasitas
E-Learning Application 2023
Certification Refreshment Program Surabaya, May 12,
TD Consulting
Risk Management 2023
Greeting and Sharing “Culture Transformation Surabaya, October
Internal Bank Jatim
With Growth Mindset “ by Ignasius Jonan 18, 2023
Ex-Officio
Slamet Purwanto Surabaya, April 20,
Member Competency Based Interview Training PPM Management
2024
Leading & Managing Your Sales Team To Success Surabaya, July 29, PT. Academia Citra
With James Gwee 2024 Abadi
Surabaya, July 30,
Training Executive Sharia Banking Muammalat Institute
2024
Implementation of Financial Control and
Surabaya, December PT Fortia Management
Consolidation within the Scope of Establishing a
21, 2024 Strategi
Bank Business Group
* Appointed as Independent Commissioner at the EGMS on September 26, 2024, and effective as of the Decision Letter of the Board of Commissioners of the Financial
Services Authority (OJK) dated November 4, 2024.
** Appointed as an Independent Member of the Remuneration and Nomination Committee on November 13, 2024
PT Bank Pembangunan Daerah Jawa Timur Tbk 435
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07 Corporate
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Remuneration and Nomination Committee Income
No Description Non-Commissioner Member
1 Salary/ Honorarium Receive an honorarium of 12,5% of the President Director’s Salary
2 Post-Position Compensation Not Given
3 Holiday allowance In accordance with the applicable provisions for the Board of Commissioners or Permanent Employees of the Bank
4 Bonus / Tantiem In accordance with the provisions that apply to Permanent Employees of the Bank
5 Facility:
a. Transportation Allowance Not Given
b. Health In accordance with the applicable provisions for the Board of Commissioners or Permanent Employees of the Bank
c. Business Travel In accordance with the applicable provisions for the Board of Commissioners or Permanent Employees of the Bank
Work Program and Implementation of Duties of The 5. Discussing the evaluation of activities and the 2025 work
Remuneration and Nomination Committee In 2024 program of the Remuneration and Nomination Committee.
REMUNERATION AND NOMINATION COMMITTEE WORK Board of Directors Succession Policy
PROGRAM
The Succession Policy in the Nomination process for members
1. Formulating the structure and policy on the remuneration of the Board of Directors is regulated in the Implementation
of the Company’s management (Board of Commissioners Guidelines for the Board of Commissioners Committee Number:
and Board of Directors). 058/002/DK/KEP dated April 23, 2019 and its amendments
2. Evaluating and recommending qualified candidates for the in accordance with the Board of Commissioners’ Provisions
Board of Directors and/or Board of Commissioners to the Letter Number: 060/02/DK/KEP dated January 15, 2021. The
Board of Commissioners for submission to the GMS. Remuneration and Nomination Committee has assisted the
3. Establishing the structure and policy for the remuneration Board of Commissioners in the Board of Directors Succession
of the Company’s management. program in accordance with the policy. The BOD-1 Talent Pool
4. Conducting coordination meetings with other work units of Echelon 1 employees who participate in the JLDP 1 career
related to remuneration and nomination. development program is decided in the Personnel Management
5. Evaluating and providing recommendations on the criteria Committee attended by the Board of Directors and the SEVP in
and qualifications required in the nomination process for charge of human capital.
the Board of Commissioners and the Board of Directors,
aligned with the Bank’s strategic plans. Risk Monitoring Committee
6. Conducting Remuneration and Nomination Committee
Meetings and Coordination Meetings with other relevant The Risk Monitoring Committee is tasked with assisting in the
parties. implementation of the supervisory and coaching functions by
the Board of Commissioners towards executives (the Board
DUTIES OF THE REMUNERATION AND NOMINATION of Directors and their staff) in the area of implementing risk
management in all Bank activities and products, ensuring
1. Evaluating the remuneration policy and providing the adequacy of an adequate internal control system and the
recommendations related to the candidates for the Sharia effective running of the compliance system, including issues
Supervisory Board in Bank Jatim’s Sharia Business Unit regarding risk management and internal control systems as
(UUS). well as anticipatory steps taken by the Board of Directors in
2. Providing recommendations regarding the Board of implementing policies and risk management.
Directors’ proposal on implementing allowances for
management and providing variable compensation for Basic for The Establishment of The Risk Monitoring
management. Committee
3. Conducting the nomination process for Bank Jatim’s
management candidates, including candidates for the Bank The establishment of the Risk Monitoring Committee is based
Jatim Board of Commissioners Committee. on the following regulations:
4. Discussing and evaluating the remuneration of the Sharia 1. OJK Regulation No. 4/POJK.03/2016 concerning
Supervisory Board (DPS) of Bank Jatim’s Sharia Business Assessment of the Soundness Level of Commercial Banks.
Unit (UUS).
436 PT Bank Pembangunan Daerah Jawa Timur Tbk
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2. OJK Regulation No. 18/POJK.03/2016 and SEOJK Work Unit to provide recommendations to the Board of
No. 34/POJK.03/2016 concerning Risk Management Commissioners and coordinating with related work units in
Implementation for Commercial Banks. preparing reports under the authority and responsibility of
3. OJK Regulation No. 65/POJK.03/2016 concerning Risk the Board of Commissioners.
Management Implementation for Commercial Banks, 4. Providing input to the Board of Commissioners regarding
Sharia Banks, and Sharia Business Units. risk management related to country risk and transfer
4. OJK Regulation No. 4/POJK.03/2021 concerning Risk risk, including conducting evaluation and testing (stress
Management Implementation in the Use of Information testing).
Technology by Commercial Banks. 5. Identifying, measuring, monitoring, and controlling risks in
5. OJK Regulation No. 11/POJK.03/2022 concerning every aspect of the Bank’s business activities to prevent
Information Technology Implementation for Commercial events that could cause losses/risks.
Banks. 6. Assessing the effectiveness and adequacy of risk
6. OJK Regulation No. 17 of 2023 concerning Governance management implementation according to the Bank’s
Implementation for Commercial Banks. objectives, size, business complexity, and the risks faced.
7. Articles of Association regarding the duties and authorities 7. Ensuring that the Board of Directors (Management) actively
of the Board of Commissioners and their amendments. supervises the implementation of risk management policies
and strategies.
Charter of Risk Monitoring Committee 8. Conducting reviews and necessary actions in risk
management following prudential principles.
The Risk Monitoring Committee has a Work Guideline regulated 9. Evaluating the Bank’s compliance with the Articles
in the Charter/Standard Operating Procedure (SOP) of the of Association, Bank and Capital Market Supervisory
Board of Commissioners’ Committee Work Guidelines Number Authority regulations, and other applicable regulations
063/03/52/DKM/KEP dated March 28, 2024, covering: related to risk management.
1. Basic Principles 10. Drafting the committee’s work guidelines (charter) and
2. Organization and Management reviewing them at least once every two years.
3. Work Program and Committee Performance Evaluation 11. Carrying out other duties and responsibilities assigned
4. Committee Work Procedures by the Board of Commissioners from time to time and
5. Committee Meetings preparing regular reports on the activities of the Risk
6. Monitoring, Evaluation, and Follow-up of Recommendations Monitoring Committee and matters that need the attention
7. Documentation, Administration, and Reporting of the Board of Commissioners.
12. Conducting self-assessment on the effectiveness of the
Duties and Responsibilities of The Risk Monitoring Risk Monitoring Committee’s activities.
Committee 13. Reviewing information about the Bank, the Bank’s work
plan and budget, management reports, and other relevant
The Risk Monitoring Committee performed the task of information.
monitoring and evaluating the conformity between risk 14. Analyzing risks in the Sharia Business Unit.
management policies and the implementation of Bank policies,
as well as implementing the work plans and duties of the Risk Authority of Risk Monitoring Committee
Management Committee and the Risk Management Work
Unit (SKMR), to provide recommendations to the Board of The Risk Monitoring Committee is authorized by the Board of
Commissioners to ensure that the Bank had managed risks in Commissioners to:
an effective adequate manner. 1. Conduct a full, free and unlimited access to Bank records
related to the implementation of the duties of the Risk
In carrying out its functions, the Risk Monitoring Committee Monitoring Committee;
has duties and responsibilities including: 2. Collaborate with the Risk Management Committee, SKMR,
1. Continuously improving the quality of good governance Compliance Work Unit (SKK), Legal Work Unit (SKL),
implementation by applying the principles of transparency, Information Technology Work Unit (SKTI) and other work
accountability, responsibility, independence, and fairness units related to the Committee’s duties;
to strengthen the Bank’s internal governance. 3. Obtain input or suggestions from external banking
2. Evaluating and providing input to the Board of professionals related to the duties of the Risk Monitoring
Commissioners regarding the adequacy and alignment Committee;
between risk management policies and the Bank’s policy 4. Communicate directly with employees, including the
implementation. Board of Directors and those performing risk monitoring
3. Monitoring and evaluating the performance of the Risk functions, regarding the duties and responsibilities of the
Management Committee and the Risk Management Risk Monitoring Committee.
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07 Corporate
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5. Engage independent parties outside the Risk Monitoring Committee when needed to assist in carrying out its duties.
6. Exercise other authorities granted by the Board of Commissioners.
Term of Office of the Risk Monitoring Committee
The term of office of the Risk Monitoring Committee shall not exceed the term of office of the Board of Commissioners, as stipulated
in the Articles of Association or the Bank’s internal regulations, and may be reappointed for a specific term.
Structure, Membership, and Expertise of Risk Monitoring Committee
Table of Structure, Membership and Expertise of the Risk Monitoring Committee Period January 1, 2024 – November 27, 2024
Name Position SK Penetapan Information Expertise
Sumaryono Chairman Board of Directors Decree Number 062/105/ Independent Commissioner Economics
DIR/HCP/KEP concerning the Composition of
Muhammad Mas’ud Member Independent Commissioner Economics
the Board of Commissioners Committee for
Sulam Andjar the 2024 Period of PT Bank Pembangunan
Member Independent Party Economics
Rochim Daerah Jawa Timur Tbk.
Table of Structure, Membership and Expertise of the Risk Monitoring Committee Period November 28, 2024 – December 31, 2024
Name Position SK Penetapan Information Expertise
Dadang Setiabudi* Chairman Independent Commissioner Economics
Board of Directors Decree Number 062/105/
Muhammad Mas’ud Member DIR/HCP/KEP concerning the Composition of Independent Commissioner Economics
Sumaryono Member the Board of Commissioners Committee for Independent Party Economics
the 2024 Period of PT Bank Pembangunan
Sulam Andjar Daerah Jawa Timur Tbk.
Member Independent Party Economics
Rochim
Note:
* Appointed as Independent Commissioner at the EGMS on September 26, 2024, and effective as of the Decision Letter of the Board of Commissioners of the Financial
Services Authority (OJK) dated November 4, 2024
Profile of The Risk Monitoring Committee
The profile of the Risk Monitoring Committee as of December 31, 2024 is as follow.
Dadang Setiabudi
Chairman of Risk Monitoring Committee
His profile can be seen in the Profile of the Board of Commissioners in this Annual Report.
Muhammad Mas’ud
Member of Risk Monitoring Committee
His profile can be seen in the Profile of the Board of Commissioners in this Annual Report.
Sumaryono
Member of Risk Monitoring Committee
His profile can be seen in the Profile of the Board of Commissioners in this Annual Report.
438 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Sulam Andjar Rochim
Member of Risk Monitoring Committee
Citizenship : Indonesian Citizen
Place and Date of Birth/ Pasuruan, October 03, 1962/62 years old as of December 31,
:
Age 2024
Domicile : Malang
Educational • Brawijaya University Malang Diploma Program Business Expert Education Program (currently Vocational Program
Background Faculty of Economics and Business) (1985)
• Gajayana University Malang (1990)
• Center for Management Development and Applied Technology (PPMTT) Malang – Master Business in Administration
Program (1992)
Certification • Basic Knowledge Certification in Pension Funds – Pension Fund Professional Certification Institute (LSPDP)
• Risk Management Certification Level 3 – Risk Management Certification Body (BSMR)
• Risk Management Certification Level 2 – Risk Management Certification Body (BSMR)
• Risk Management Certification Level 1 – Risk Management Certification Body (BSMR)
Work Experience • Branch Manager in Bangkalan (2010 - 2011)
• Branch Manager in Jakarta (2011 - 2012)
• Asset Liability Management and Financial Institution Sub Division Leader in Treasury Division (2012 - 2015)
• Sub Division Leader in Strategic Planning Division (2015 - 2016)
• Acting Head of Strategic Planning Division (2016 - 2017)
• Internal Communication Sub Division Leader in Corporate Secretary (2017 - 2020)
• Anti Money Laundering and Countering Terrorism Financing (APU-PPT) Sub Division Leader in Compliance and
Governance Division
• Head of Corporate Manual Restructuring Team of PT Bank Pembangunan Daerah Jawa Timur Tbk (2020 - 2021)
Legal Basis for Board of Directors Decree Number 060/270/DIR/HCP/KEP
Appointment
Period of Office Period I
Term of Office Year 2021 – present
Concurrent Positions None
Education Qualification and Work Experience of The Risk Monitoring Committee
Table of Education Qualification and Work Experience of the Risk Monitoring Committee
Name Position Education Work experience
Dadang Setiabudi* Member • Bachelor of Accounting, Padjajaran Have work experience including in banking, finance, information
University technology.
• Master of Agribusiness
Management, Bogor Agricultural
Institute
Muhammad Mas’ud Member • Bachelor in Public Administration Have work experience including in finance, political science and
• Master of Management economics
• Doctor (Ph.D) in School of Political
and International Studies
Sumaryono Chairman Bachelor of Business Administration Have work experience in banking.
Science, Brawijaya University
Sulam Andjar Rochim Member • Bachelor of Economics Accounting Have work experience including in banking
• Master of Business in
Administration
*Appointed as Independent Commissioner at the EGMS on September 26, 2024, and effective as of the Decision Letter of the Board of Commissioners of the Financial
Services Authority (OJK) dated November 4, 2024.
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Independence of The Risk Monitoring Committee
The Risk Monitoring Committee carries out its duties, responsibilities and authorities professionally and independently without
interference from any party that is not in accordance with the laws and regulations. Members of the Risk Monitoring Committee
have met all independence criteria and are able to carry out their duties independently, uphold the interests of the Bank and
cannot be influenced by any party. This can be seen from the membership consisting of 1 (one) Chairperson who is an Independent
Commissioner, 2 (two) members who are Independent Commissioners and 1 (one) member of the Independent Party.
Table of Independence of the Risk Monitoring Committee
Dadang Muhammad Sulam Andjar
Independence Aspect Sumaryono
Setiabudi* Mas’ud Rochim
Has no financial relationship with the Board of
Commissioners and Directors √ √ √ √
Has no management relationships in the company,
subsidiaries or affiliated companies √ √ √ √
Has no share ownership relationship in the company √ √ √ √
Has no family relationship with the Board of
Commissioners, Directors, and/or fellow members of the √ √ √ √
Risk Monitoring Committee
Not serving as a political party administrator, official or
government official √ √ √ √
* Appointed as Independent Commissioner at the GMS on September 26, 2024, and effective as of the Decision Letter of the Board of Commissioners of the Financial Services
Authority (OJK) dated November 4, 2024.
Risk Monitoring Committee Meeting
RISK MONITORING COMMITTEE MEETING POLICY
Implementation and procedures for the Risk Monitoring Committee meeting were as follows:
1. Committee meetings were held as follows:
a. according to the needs of the Bank and or at least 1 (satu) kali dalam 1 (satu) bulan;
b. It can only be implemented if attended by at least 51% (fifty one percent) of the total number of Committee members
including 1 (one) Independent Commissioner and 1 (one) Independent Party who is not a Commissioner;
c. chaired by the Committee Chair or a Committee member from an Independent Commissioner if the Committee Chair is
unable to attend; And
d. can invite SKMR, SKK, SKL
2. Committee meeting decisions are made based on:
a. Consensus, and in the event that there is no consensus, then the decision is made based on the majority vote;
b. In the event that the decision is made by voting and there are equal votes, then the decision is made based on the majority
vote; and
c. Differences of opinion (dissenting opinion) that occur in the Committee Meeting must be clearly stated in the minutes of the
meeting along with the reasons for the differences of opinion.
3. Committee meetings were set forth in the Minutes of Meeting, which are signed by all Committee members present and submitted
to the Board of Commissioners.
4. The attendance of Committee members at meetings was reported in the Committee’s quarterly report and annual report in the
Annual Report on Corporate Governance.
MEETING AGENDA OF RISK MONITORING COMMITTEE
Throughout 2024, the implementation date, agenda and Meeting Participants of the Risk Monitoring Committee are as follows.
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Table of Meeting Agenda of the Risk Monitoring Committee
No Meeting Date Meeting agenda Meeting Participants
1 March 28, 2024 Discussion of the Risk Monitoring Committee SOP Sumaryono
Muhammad Mas’ud
Sulam Andjar Rochim
2 March 28, 2024 Monitoring and Evaluation of the Bank’s Risk Profile for Q4 2023 Sumaryono
Sulam Andjar Rochim
3 March 28, 2024 Monitoring and Evaluation of the Bank’s Soundness Level for Q4 2023 Sumaryono
Sulam Andjar Rochim
4 April 25, 2024 Board of Commissioners’ Supervision of Payment Service Providers (PJP) for Sumaryono
Payment Infrastructure Operations in 2023 Muhammad Mas’ud
Sulam Andjar Rochim
5 May 06, 2024 1. Accounting Method for CKPN Collectibility Levels 1 to 5 at Bank Jatim; Sumaryono
2. Strategies for Improving Collectibility in Restructured Loans, including Muhammad Mas’ud
Covid-19 Restructuring; Sulam Andjar Rochim
3. Strategies for Resolving Non-Performing Loans.
6 June 03, 2024 1. Effectiveness of Recruitment and HR Performance at Bank Jatim; Sumaryono
2. Optimization of Bank Jatim’s Facilities; Muhammad Mas’ud
3. Optimization and Efficiency in Insurance Management at Bank Jatim Sulam Andjar Rochim
7 July 04, 2024 Risk Mitigation of BI-Fast Incidents Related to Alternative Revenue Sources to Sumaryono
Compensate for IDR 119 Billion Losses Muhammad Mas’ud
Sulam Andjar Rochim
8 August 13, 2024 Discussion of the Surabaya Sharia Branch Audit Report Sumaryono
Sulam Andjar Rochim
9 September 30, 2024 Discussion of Employee Punishment Procedures Sumaryono
Sulam Andjar Rochim
10 October 23, 2024 Discussion of Career Paths for Account Officers (AO) and Funding Officers (FO) Sumaryono
Linked to Market Potential Muhammad Mas’ud
Sulam Andjar Rochim
11 November 25, 2024 Monitoring and Evaluation of the Bank’s Risk Profile (RBB) & Soundness Level Dadang Setiabudi*
(TKB) for Q2 & Q3 2024 Muhammad Mas’ud
Sumaryono
Sulam Andjar Rochim
12 December 19, 2024 Review of the 2024 Information Technology Strategic Plan Dadang Setiabudi*
Muhammad Mas’ud
Sumaryono
Sulam Andjar Rochim
13 December 23, 2024 Risk Monitoring Committee Work Program for 2025 Dadang Setiabudi*
Muhammad Mas’ud
Sumaryono
Sulam Andjar Rochim
* Appointed as Independent Commissioner at the GMS on September 26, 2024, and effective as of the Decision Letter of the Board of Commissioners of the Financial
Services Authority (OJK) dated November 4, 2024
FREQUENCY AND ATTENDANCE 0F RISK MONITORING COMMITTEE MEETINGS
During 2024, the Risk Monitoring Committee has held 13 (thirteen) meetings. The level of attendance of each member of the Risk
Monitoring Committee is as follows.
Table of Attendance at Risk Monitoring Committee Meetings
Risk Monitoring Committee Meeting
Name Position Attendance Number and Percentage
Number of Meetings Number of Attendance Percentage
Dadang Setiabudi* Chairman 3 3 100%
Muhammad Mas’ud Member 13 9 69%
Sumaryono Member 13 13 100%
Sulam Andjar Rochim Member 13 13 100%
* Appointed as Independent Commissioner at the GMS on September 26, 2024, and effective as of the Decision Letter of the Board of Commissioners of the Financial
Services Authority (OJK) dated November 4, 2024.
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Risk Monitoring Committee Competence Improvement Program
Types of Training and
Name Implementation Organizer
Position Competency Development/
Time and Place
Training Materials
Education and/or Competency Improvement can be seen in the Education and/ or Competency Improvement
Dadang Setiabudi* Chairman
section for the Board of Commissioners
Education and/or Competency Improvement can be seen in the Education and/ or Competency Improvement
Muhammad Mas’ud Member
section for the Board of Commissioners
Education and/or Competency Improvement can be seen in the Education and/ or Competency Improvement
Sumaryono Member
section for the Board of Commissioners
Surabaya, March 04,
Executive Sharia Banking Muamalat Institute
2024
Risk Management Certification Program Level 5 Jakarta, May 19,
BSMR
Exam 2024
Sulam Andjar
Member
Rochim National Seminar: "Optimization of the Board of
Commissioners' Role in Implementing Market
Solo, December 05,
Conduct for Consumer Protection in BPDSI, FKDK – BPDSI
2024
and Leadership Program for BPDSI Board of
Commissioners"
* Appointed as Independent Commissioner at the GMS on September 26, 2024, and effective as of the Decision Letter of the Board of Commissioners of the Financial
Services Authority (OJK) dated November 4, 2024.
Risk Monitoring Committee Income
No Description Non-Commissioner Member
1 Salary / Honorarium Receive an honorarium of 12,5% of the President Director’s Salary
2 Post-Position Compensation Not Given
In accordance with the applicable provisions for the Board of Commissioners or
3 Holiday allowance
Permanent Employees of the Bank
4 Bonus / Tantiem In accordance with the provisions that apply to Permanent Employees of the Bank
5 Facility:
a. Transportation Allowance Not Given
In accordance with the applicable provisions for the Board of Commissioners or
b. Health
Permanent Employees of the Bank
In accordance with the applicable provisions for the Board of Commissioners or
c. Official travel
Permanent Employees of the Bank
Work Program and Implementation of Duties of The • Evaluation of conformity between the Risk Management
Risk Monitoring Committee for 2024 Policy (KMR) and the implementation of Bank policies.
• Monitoring and evaluating the implementation of Good
RISK MONITORING COMMITTEE WORK PROGRAM FOR 2024 Corporate Governance (GCG) principles.
The Risk Monitoring Committee developed a work program in Quarter II
2024, including the following: • Monitoring and Evaluation of the Bank’s Risk Profile (PRB)
Quarterly.
Quarter I • Monitoring and Evaluation of Quarterly Bank Soundness
• Monitoring and Evaluation of the Bank’s Risk Profile (PRB) Level (TKB) achievements.
Quarterly. • Monitoring and Evaluation of the adequacy of risk
• Monitoring and Evaluation of Quarterly Bank Soundness management identification, measurement, monitoring and
Level (TKB) achievemen. control processes.
• Monitoring and Evaluation of the implementation of the • Monitoring of large exposure debtors above IDR100 billion.
duties of the Risk Management Work Unit (SKMR) and the • Monitoring the compliance function and the implementation
Risk Management Committee (Komenko). of the compliance system, as well as reviewing reports on
the implementation of the compliance function and the
implementation of the duties of the Compliance Director.
442 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Quarter III 2. Holding discussions in meetings with the Risk Management
• Monitoring and Evaluation of the Bank’s Risk Profile (PRB) Work Unit (SKMR), covering:
Quarterly. a. Monitoring and evaluation of the Bank’s Risk Profile.
• Monitoring and Evaluation of Quarterly Bank Soundness b. Evaluation of monitoring constraints and achievements
Level (TKB) achievements. of the Bank Soundness Level.
• Monitoring and Evaluation of the implementation of the 3. Coordinating with related work units on several discussions,
duties of the Risk Management Work Unit (SKMR) and the including:
Risk Management Committee (Komenko). a. Review of the 2024 Information Technology Strategic
• Monitoring and Evaluation of the implementation of the Plan.
principles of Good Corporate Governance (GCG). b. Career path development for Account Officers (AO)
• Monitoring of large exposure debtors over IDR 100 billion. and Funding Officers (FO) linked to market potential.
• Monitoring and evaluation of the contingency plan in the c. Employee punishment procedures.
Business Continuity Management System (BCMS). d. Strategies for improving collectibility in restructured
• Review of the Company’s Guidebook (BPP) update, loans, including Covid-19 restructuring, as well as
covering the Anti-Money Laundering and Counter- strategies for resolving non-performing loans.
Terrorism Financing Product Policy (AML-CFT) and the 4. Conducting analysis and providing opinions and
Prevention of Financing for the Proliferation of Weapons of recommendations to the Board of Commissioners
Mass Destruction (PPPSPM) regarding risk management issues across all activities and
products that may potentially cause losses to the Bank.
Quarter IV 5. Assisting the Board of Commissioners in carrying out active
• Monitoring and Evaluation of the Bank’s Risk Profile (PRB) supervision by conducting branch office visits identified as
Quarterly. having a moderate or lower risk profile, as follows:
• Monitoring and Evaluation of Quarterly Bank Soundness a. Working visits to six branch offices with a moderate
Level (TKB) achievements. or lower risk profile, covering credit, operational, and
• Review Corplan, Information Technology Strategic Plan legal risks;
(ITSP) and Bank’s Business Plan (BBP) before being b. Conducting awareness sessions on enhancing risk
approved by the Board of Commissioners. awareness and strengthening internal controls to
• Review of the Company’s Guidebook (BPP) update, reinforce the second line of defense in implementing
covering the Standard Operating Procedures (SOP) for the the three lines of defense concept, as well as fostering
Board of Directors’ duties. a risk culture across the branch office network
6. Coordinating with the Audit Committee in order to:
RISK MONITORING COMMITTEE WORK PROGRAM BRIEF a. Monitoring and evaluation of the Bank’s Soundness
REPORT IN 2024 Level (TKB).
b. Discussing Standart Level Agreement (SLA)
The Risk Monitoring Committee carried out its duties and Punishment Process for Fraud Perpetrators.
responsibilities properly, referring to POJK No. 17 Year 2023, c. Review the Company’s Guidebook (BPP) and the
concerning Implementation of Governance for Commercial Standard Operating Procedures (SOP) for the Board of
Banks and referring to the BPP Committee of the Board of Directors’ duties.
Commissioners and the Risk Monitoring Committee Charter d. Adjust or revise the Bank’s 2024 Business Plan in the
of Bank Jatim. The implememtation of the Risk Monitoring mid-year review.
Committee work program during the 2024 period can be breifly e. Evaluate the implementation of the Anti-Fraud Strategy
reported as follows: (SAF) in handling conflicts of interest, controlling
1. Conducting reviews of credit issuance to related parties gratuities, ensuring transparency in financial and
as a consideration for the Board of Commissioners in non-financial information, and integrating the Bank’s
providing recommendations for its implementation. strategic plans.
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07 Corporate
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Organ and Committee Under The Board of Directors
Corporate Secretary
Structure of The Corporate Secretary
Corporate Secretary
AVP Corporate AVP Investor
AVP Secretariat Communication Management
Secretariat Group
for the Board of Supervisor Supervisor
Commissioners Secretariat Protocol
& Sharia
Supervisory
Board (DPS)
The Corporate Secretary of Bank Jatim has access to material 3. Assist the Board of Directors and Board of Commissioners
and relevant information related to the Company, particularly in implementing corporate governance which includes:
concerning information disclosure. The Corporate Secretary - Disclosure of information to the public, including the
oversees three sub-divisions: the Secretariat Sub-Division, availability of information on the company’s website
the Corporate Communication Sub-Division, and the Investor - Submission of reports to the Financial Services
Management Sub-Division. Authority on time Implementation and documentation
of the General Meeting of Shareholders
Functions, Duties and Responsibilities of The - Organization and documentation of the Directors and/
Corporate Secretary or Board of Commissioners meetings; and
- Implementation of orientation programs for Directors
The Corporate Secretary has duties and responsibilities, among and/or Board of Commissioners.
others: 4. Serve as a liaison between the Issuer or Public Company
1. Developing the Bank’s mission. and the shareholders of the Issuer or Public Company, the
2. Mediators with Stakeholders such as regulators, investors Financial Services Authority, and other stakeholders.
and the public 5. Evaluate every information to be submitted externally and
3. Maintaining the Bank’s image as well ensure the image and reputation of the Bank is maintained.
4. Provide information disclosure. 6. Build and maintain a good image for the Bank to support
and maintain the value of the company so that it always
In carrying out its duties, the Corporate Secretary has the increases.
duties and responsibilities to:
1. Follow the development of regulations and legislation in
force in the Capital Market field.
2. Provide input to the Directors and Board of Commissioners
to comply with the provisions of the regulations and
legislation in the Capital Market.
444 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Profile of Corporate Secretary
Wioga Adhiarma Aji
Vice President Corporate Secretary
Citizenship : Indonesian Citizen
Place and Date of Birth/
: Born in Surabaya in 1978 Age 46 years old as of December 2024
Age
Domicile : Surabaya, Indonesia
Education History • Bachelor of Law Studies from Panca Marga University Probolinggo (2002)
• Master of Law from 17 August 1945 University Surabaya (2020)
Certification Risk Management Certification Body (BSMR) Level 6
Employment history Joined Bank Jatim in 1997. Before occupying his current position, he served as Head of Operations for the Bojonegoro Branch
(2012), Head of the Bojonegoro Branch (2013), Head of Operations for the Main Branch (2018), Head of the Kediri Branch (2020),
Head of General Division (2022)
Basis for Board of Directors Decree No. 062/055/DIR/HCP/KEP dated July 5, 2023 concerning Transfer of Employee Duties &
Appointment Appointment in Position and effective from July 20, 2023.
Corporate Secretary Competency Improvement Program
Throughout 2024, Bank Jatim’s Corporate Secretary participated in various competency development programs, such as training,
workshops, conferences, and seminars, as outlined in the table below:
Time and Place of
Type of Training Competency Development Material Organizer
Implementation
PT Kustodian Sentral
Webinar Socialization of KSEI Regulation IV-D June 3, 2024 - Zoom Meeting
Efek Indonesia
Implementation of the Electronic General Meeting of
Webinar October 29, 2024 - Zoom Meeting ICSA
Shareholders (e-GMS) through eASY.KSEI
Implementation of Financial Control and
December 21, 2024-December 22, PT Fortia Management
In House Training Consolidation in the Formation of Banking Business
2024 Strategi
Groups
Online Zoom Meeting Training Executive Sharia Banking July 30, 2024 Muamalat Institute
Leading & Managing Your Sales Team to Success
In House Training July 29, 2024 PT Academia Citra Abadi
With James Gwee
In House Training Competency-Based Interview Training June 01, 2024 – June 02, 2024 PPM Management
Risk Management Certification Program Level 6 Risk Management
In House Training April 27, 2024
Exam Certification Agency
Strategic Development
In House Training Risk Management Certification Level 6 Preparation March 22, 2024
Group (SDG)
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07 Corporate
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Implementation of Corporate Secretary Assignments 15. Coordinating the procedures and concepts for Board of
in 2024 Directors meetings, ceremonies, Bank events and other
meetings.
In 2024, the Corporate Secretary has carried out his duties
and responsibilities in accordance with the functions carried as Internal Audit Division
follows:
1. Organized the Annual General Meeting of Shareholders Organizational Structure of The Internal Audit
(AGMS) for the 2023 Fiscal Year on February 7, 2024, the Division
Extraordinary General Meeting of Shareholders (EGMS) The organizational structure of the Internal Audit Divivsion
on September 26, 2024, and another EGMS on December based on the Decree of the Board of Directors No.061/218/
11, 2024. Since the IPO, the voting process at the GMS DIR/PRS/KEP December 7, 2022 is as follows:
has been conducted by scanning barcode stickers given
to shareholders attending the meeting. These barcode
President Director
stickers contain the shareholder’s identity and the number
of votes, ensuring the voting process runs quickly and
smoothly.
2. Held three Analyst Meetings to present quarterly Internal Audit VIP
performance, inviting analysts from securities companies,
asset management investment managers, pension fund
investment managers, insurance company investment AVP Audit Development
managers, and other fund managers.
3. Participated in the BJTM Deep Talk Webinar with Philip
Sekuritas on March 18, 2024.
AVP Head Office Audit
4. Organized a workshop titled “Close Door Meeting” in
collaboration with Stockbit Sekuritas, attended by retail
investors on April 29, 2024.
5. Held the Annual Public Expose online on November 8, AVP Regional Audit
2024.
6. Participated in Sustainable Finance Research with
Paramadina University on December 17, 2024. AVP Information Technology
Audit
7. Submitted periodic reports and incidental reports to
regulators in accordance with applicable regulations.
8. Submitted information disclosure in accordance with
applicable regulations.
9. Developed company website related to company The Position of The Internal Audit Division in
information to stakeholders. The development carried out Organizational Structure
such as the addition of financial ratios that are commonly
used by investors, macro and micro conditions, the The structure and position of the Internal Audit Division is
development of regulators, and comparison with industry. regulated and determined according to:
Stakeholders, especially local investors, can easily access 1. OJK Regulation No.1/POJK.03/2019 concerning
company information for decision making in owning the Implementation of the Internal Audit Function in
company shares. Commercial Banks.
10. Organized media gatherings 3 (three) times by inviting 2. Decree of the Board of Directors of Bank Jatim No.
leading media with offices in East Java. 061/218/DIR/PRS/KEP December 7, 2022 concerning the
11. Coordinating the preparation of the Bank’s Annual Report Organizational Structure and Work Procedures of PT Bank
Book. Pembangunan Daerah Jawa Timur Tbk.
12. Held Board of Commissioners meetings, Board of 3. Decree of the Board of Directors of Bank Jatim
Directors meetings, and Board of Directors and Board of No. 061/162/DIR/AUI/KEP July 15, 2022 concerning the
Commissioners meetings, making minutes of meetings and Audit Charter of the Internal Audit Division of PT Bank
administering them. Pembangunan Daerah Jawa Timur Tbk.
13. Accommodating student and student requests in submitting
Field Work Practices and research at Bank Jatim. The Head of the Internal Audit Division reports directly to the
14. Administered, distributed and followed up on incoming and President Director. To support independence and ensure the
outgoing mail. smooth operation of the audit and the authority to monitor
follow-up, the Internal Audit Division can communicate directly
446 PT Bank Pembangunan Daerah Jawa Timur Tbk
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with the Board of Commissioners to inform various matters relating to the audit. The position, mechanism, duties and authority of
the Internal Audit Division including transparency and clarity are significant matters in the management of Bank Jatim, so that the
internal audit policy relating to responsibilities, authorities and levels of independence has been stated in the Internal Audit Charter
signed by the President Director and approved by the Board of Commissioners on July 15, 2022 which was compiled based on POJK
Number 01/ POJK.03/2019 dated January 28, 2019 concerning the Obligation of Commercial Banks to Implement Standards for
Implementing Bank Internal Audit Functions (SPFAIB) and Regulation of the Financial Services Authority No.56/ POJK .04/2015
concerning the Formation and Guidelines for the Preparation of Internal Audit Charter.
Profile of Head Internal Audit Division
Wardhana Suryaatmaja
Vice President of Internal Audit
Citizenship : Indonesian Citizen
Place and Date of Birth/
: Born in Surabaya in 1967 Age 57 years old as of December 2024
Age
Domicile : Sidoarjo
Educational • Bachelor of Development Studies from Wijaya Putra University (1995).
background • Master of Management from Artha Bodhi Iswara School of Economics (1998).
Certification • Education of Head of Internal Supervisory System of Accounting and Finance Development Center (PPA&K): 2023
• Risk Management Training and Certification Level 5 BSMR: 2022
• Socialization of APU PPT and Gratification of Criminal Investigation Directorate of Banking Crime Unit of POLRI: 2019
• Bankruptcy Law Training of Airlangga University: 2016
Training attended • Leading & Managing Your Sales Team To Success With James Gwee;
during 2024 • Training Executive Sharia Banking;
• Risk Management Recertification Level 7;
• Implementation of Financial Control and Consolidation Within the Scope of Bank Business Group Formation
Job History • VP of Internal Audit Division: 2023 to 2026 currently
• VP of Risk Management Division: 2020 – 2023
• Head of General Division: 2019 - 2020
• Head of Product Development & Policy Division: 2018
• Head of Information Technology Division: 2016 - 2017
• Head of Accounting Sub Division: 2015
• Acting Head of Madiun Sharia Branch: 2015
• Head of Sidoarjo Sharia Sub Branch: 2014 - 2015
• Head of Gresik Sharia Sub Branch: 2011 – 2013
• Accounting Supervisor of Surabaya Sharia Branch: 2009 – 2011
• Information Technology Manager of Operational Sub Division of Sharia Business Support Division: 2007 – 2009
• PN & Teller Supervisor: 2004 – 2007
• Junior Programmer of Information Technology Division: 1998 – 2004
• Staff Si Pengop. PDE Bureau of Financial Administration: 1995 – 1998
• Staff Si Accounting Kediri Branch: 1993 - 1995
Basis of Appointment Vice President of Internal Audit Division (According to Decree No. 062/061/DIR/HCP/KEP dated August 8, 2023)
PT Bank Pembangunan Daerah Jawa Timur Tbk 447
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07 Corporate
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Parties Who Appoint and Dismiss the Head of the basis related to the implementation of bank operations that
Internal Audit Division are at risk of incurring losses.
3. Providing consultation services to internal parties to
The Head of the Internal Audit Division is appointed and removal provide additional value and improvement to the quality
by the President Director with the approval of the Board of of control, risk management, and corporate governance as
Commissioners based on the recommendation of the Audit long as it does not affect the independence and objectivity
Committee and reported to the Capital Market Supervisory of internal audit, and adequate resources are available.
Agency (Bapepam) and the Financial Services Authority (OJK). 4. Carry out steps in order to dig up information (investigation),
report, and submit recommendations/conclusions on fraud
Internal Audit Charter to Management.
5. Provide recommendations on audit results and monitor
The Internal Audit Division has an Internal Audit Charter followup on the results of Internal Audit activities and
stipulated by the Decree of the Board of Directors of Bank Jatim investigative activities.
No. 061/162/DIR/AUI/KEP dated July 15, 2022 concerning
the Audit Charter of the Internal Audit Division of PT Bank Authority of The Internal Audit Division
Pembangunan Daerah Jawa Timur, Tbk.
The Internal Audit Division has the authority to:
The Audit Charter of the Internal Audit Division of PT Bank 1. Conducting Internal Audit activities and have full, free and
Pembangunan Daerah Jawa Timur, Tbk was prepared based on: unlimited access to records, information, employees, funds,
1. OJK Regulation No. 56/POJK.04/2015 concerning the assets, locations/ areas, and other resources related to the
Establishment and Guidelines for the Preparation of the implementation of audits and consultations.
Internal Audit Charter. 2. Communicating directly with the Directors, Board of
2. OJK Regulation Number 1/ POJK.03/2019 concerning the Commissioners, Audit Committee, and Sharia Supervisory
Implementation of Internal Audit Function at Commercial Board.
Banks. 3. Holding regular and incidental meetings with the Board of
3. OJK Regulation No. 39/POJK.03/2019 concerning the Directors, Board of Commissioners, Audit Committee, and
implementation of the Anti-Fraud strategy for Commercial Sharia Supervisory Board.
Banks. 4. Communicating and coordinating with external parties
4. OJK Regulation Number 13 / POJK.03/2020 concerning including regulators.
Amendments to Financial Services Authority Regulation 5. Participating in strategic meetings without having voting
Number 38/POJK.03/2016 concerning. rights.
5. Bank Indonesia Regulation No. 22/23/PBI/2020 concering 6. Conducting investigative activities on cases/problems in
the payment system. every aspect and element of activities indicated by fraud
6. Bank Indonesia Regulation No. 23/06/PBI/2021 concering and violation of the code of conduct.
payment service providers.
Internal Audit Division Personnel Composition
Internal Audit Charter was created to provide an overview/
guidelines related to Vision, Mission, and Functions, Position in The composition of Internal Audit Division personnels as of
the Organization, Duties and Responsibilities, Authorities, Code December 31, 2024 is as follows.
of Ethics, Internal Auditor Requirrements, Responsibilities
of Heads of Internal Audit Division, Internal Audit and Table of Internal Audit Division Personnel Composition
Investigation Activities, Internal Audit Division Relationship
Position Total
with External Auditors or Legal Experts, Limitation Policy and
Waiting Period, Reporting, Audit Devemopment, Audit Risk, and Junior Auditor 32
Legal Protection.
Auditor 24
Duties and Responsibilities of Internal Audit Division Senior Auditor 10
Acting AVP Sub Division Audit 2
Duties and Responsibilities of the Internal Audit Division,
AVP Sub Division Audit 2
namely:
1. Plan and carry out Internal Audit activities with an emphasis VP Internal Audit Division 1
on areas/activities that have high risk and evaluate existing TOTAL 71
procedures/control systems to gain confidence that the
goals and objectives of the Bank can be achieved optimally.
2. Evaluating and having an active role in improving the
effectiveness of the internal control system on an ongong
448 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Competency Improvement Program for the Certification Total
Internal Audit Division
LAISO 27001 2
Data Scientist 2
Training/
No. Type of Training/Certification
Certification Dates ITIL 5
CEH 4
January 29-February
5, 2024 CCIA Training and Certification (3 CISA 3
1.
May 13-20, 2024 Batches)
July 2-9, 2024
Auditor Code of Ethics
ISO 27001:2022 Training and
2. March 18-22, 2024
Certification
Collateral Appraisal for Rule Maker The Internal Audit Division must strive to be able to play a
3. March 23-24, 2024
Training role as a consultant for internal parties that need it, especially
CCMS Profession Training and regarding the scope of their duties. The Internal Audit Division
4. May 6-17, 2024
Certification can provide responses to proposals for policies or new systems
5. May 13-17, 2024 CEH Training and Certification and procedures to assess aspects of internal control so that in
QIA Managerial Training and
its implementation its objectives can be achieved effectively
6. May 20-30, 2024
Certification and efficiently.
7. June 3-14, 2024 Basic Treasury Training
With the involvement of the Internal Audit Division in this
Fraud Auditing Training and
8. June 4-7, 2024 system review, it does not mean that those things will be
Certification
excluded as audit objects. The Internal Audit Division does not
Sharia Banking for Executive
9. July 30, 2024 have the authority or responsibility to carry out operational
Training
Public Speaking & Communication activities of the Auditee.
10. September 24, 2024
Personality Test Training
11. October 14-18, 2024 CISA Training and Certification Independence
The Internal Audit Division has independence in carrying out
12. October 14-18, 2024 ITIL Training and Certification
Internal Audit and investigative activities, expressing views
October 28 - Ethical Hacker (CEH) Training and
13. and thoughts in accordance with its profession and applicable
November 1, 2024 Certification
standards.
14. November 9-10, 2024 Pawn Training
1. Management must provide full support for the functions of
November 20-22, ISO 20000:2018 Training and the Internal Audit Division in order to be able to carry out
15.
2024 Certification
their duties freely without interference from any party and
16. December 9-19, 2024 ACCIA Training and Certification management must follow up on the findings of the Internal
17.
November 25-29, Data Science Training and Audit Division.
2024 Certification
2. Internal Auditors are able to express their views and
thoughts without influence or pressure from any other
Internal Audit Division Personnel Certification party.
3. The Internal Audit Division has the freedom to determine
Certifications held by the Auditor as of December 31, 2024, the audit methods, scope, methods, techniques and
include: approaches to be carried out.
4. In managing Internal Audit Division personnel, with the
Certification Total
approval of the President Director and Head of the Internal
PIA Madya 54 Audit Division.
Procurement of Goods and Services 3
Objectivity
CPAM 1
1. Internal Auditors and Investigators must have an
QIA 1 independent mental attitude in carrying out internal audit
Fraud Auditing 1 and investigative activities. This mental attitude is reflected
CfrA 1 in a complete, objective report and based on careful and
CCNA 1 impartial analysis.
2. Internal Auditors and Investigators are free from conflicts
TRE Dealer 1
of interest over the object or activity being examined. If
ISO 37001 1
the Internal Auditor and Investigator have a conflict of
LAISO 20000 2 interest in the object or activity being examined, the
person concerned must state the connection and not be
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07 Corporate
Governance
assigned to carry out an audit of the object or activity in Judgmental Sampling method by considering population and
question. historic problem.
Professionalism Audit techniques are carried out to obtain relevant evidentiary
Professionalism becomes a reference for the Auditor in material in order to compare the existing conditions
carrying out his duties. For this reason the auditor must have (conditions) with the conditions that should be (criteria),
the attitude: including substantive tests on financial reports, interviews,
1. Integrity, mental attitude that is independent, honest, verification, analysis, translation, reconciliation, inspections
objective, diligent, reliable, decisive, trustworthy, avoids and if necessary they can be carried out. confirmation to third
conflicts of interest and upholds the ethics and profession parties (Notary, KJPP, KAP, Bouwheer, etc).
of the Internal Auditor, including being wise and cautious
in using information obtained in carrying out tasks and not AUDIT ACTIVITIES IMPLEMENTATION IN 2024
use confidential information for personal interests or other Audit activities in 2024 in accordance with the Internal
things that could cause harm to the Bank (confidentiality Audit Division Work Plan (Audit Plan) for 2024 No. 063/001/
code). AUI/AUDITPLAN dated January 26, 2024. General Audit
2. Competencies in accordance with the required competency examinations have been carried out at Conventional Branch
profile. Offices, Sharia Branch Offices, Thematic Audits, Information
3. The ability to interact and communicate effectively both Technology Audits, and Clarification Audits in accordance with
verbally and in writing. the authority held.
4. Obligation to comply with the Internal Auditor’s Code of
Ethics and the Internal Auditor’s Professional Standards for Meeting With The Board Of Directors, Board Of
the Internal Auditor and the Investigator’s Code of Ethics Commissioners, And/Or Audit Committee
and Investigator’s Professional Standards for Investigators. The Internal Audit Division has the authority to hold regular
5. Obligation to maintain the confidentiality of company and incidental meetings with the Main Director, Board of
information and/or data related to carrying out the duties Commissioners, Audit Committee and Sharia Supervisory
and responsibilities of the Internal Auditor unless required Board. Furthermore, the Internal Audit Division can attend
by statutory regulations or court decisions/decisions. strategic meetings without having voting rights.
Brief Report on The Implementation of Internal Audit During 2024, the Internal Audit Division has attended meetings
Activities In 2024 with the Board of Directors, Board of Commissioners, and/or
Audit Committee, with the following details.
AUDIT METHOD
The audit is carried out by a sampling method with a Risk Based
Number of
Audit approach, namely an audit approach that begins with an No. Information
Meetings
audit risk assessment process (risk profile), so that in planning,
implementing and reporting the audit is more focused on 1. Kick Off Audit Plan 1
important high-risk areas. The sampling method used the Audit Committee and Board of
2. 6
Commissioners Meeting
Branch and Division Exit Meeting
3. 32
Findings and Follow Up on Audit Results
Internal Findings (General Audit)
Number of Number of
Branch Name Exit Meeting Date Total Completed % Monitor
Findings Monitoring
Pare March 22, 2024 348 285 63 18,10%
Kediri March 22, 2024 353 353 0 0,00%
Dr. Soetomo March 20, 2024 292 239 53 18,15%
Pamekasan March 19, 2024 247 247 0 0,00%
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Number of Number of
Branch Name Exit Meeting Date Total Completed % Monitor
Findings Monitoring
Pasuruan March 26, 2024 430 430 0 0,00%
Jombang March 15, 2024 358 358 0 0,00%
Bangkalan March 19, 2024 208 208 0 0,00%
Bojonegoro August 16, 2024 263 254 9 3,42%
Probolinggo August 06, 2024 246 235 11 4,47%
Situbondo August 06, 2024 113 109 4 3,54%
Trenggalek August 12, 2024 155 155 0 0,00%
Tuban August 15, 2024 239 232 7 2,93%
Lamongan August 15, 2024 147 147 0 0,00%
Bondowoso August 07, 2024 152 145 7 4,61%
External Findings
Finding Status
Percentage
External Number of Followed Up of Findings
No. Year (Not yet
Parties Findings Has Been Completed and
Finished appropriate/ Monitor Already in TL
Followed Up
Insufficient
Documents)
1. OJK 2024 440 - 212 - 228 48,18%
2023 375 275 68 11 21 91,47%
2022 472 469 - - 3 99,36%
2. KAP 2023 94 - 88 - 6 93,62%
2022 29 - 28 - 1 96,55%
2019 31 - 29 - 2 93,55%
3. BPK 2022 17 17 - - - 100,00%
2016 59 58 - - 1 98,31%
2013 14 12 - - 2 85,71%
4. BI TI 2024 121 - 88 - 33 72,73%
5. OJK TI 2024 83 - 48 - 35 57,83%
OJK
6. 2024 20 7 - 12 1 35,00%
Kustodian
7. BPKP 2024 18 - 9 - 9 50,00%
Total 1.773 838 570 23 342 79,41%
The Internal Audit Division must monitor and analyze and report the progress of the implementation of the follow-up improvements
that have been made by the Auditee. The followup includes:
1. Monitoring of follow-up implementation
Monitoring of follow-up implementation must be carried out so that progress can be known and can be reminded to the Auditee
if the auditee has not been able to carry out the commitment to improve before or until the promised time limit.
2. Analysis of adequacy of follow-up
From the results of monitoring of follow-up implementation, an adequacy analysis was carried out on the realization of the
promise of improvement that had been carried out by the auditee. Furthermore, a follow-up check needs to be done if there are
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07 Corporate
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difficulties or obstacles that cause the follow-up to be unable to be carried out properly. Every time a followup is held, there is a
follow-up evidence report signed by the auditor and auditee.
3. Follow-up Reporting
In its implementation, if the follow-up has not been fully fulAccorded By the Auditee, the Head of the Internal Audit Division
provides a written report to the President Director and the Board of Commissioners as well as a copy to the Audit Committee and
the Director of Compliance and Risk Management for further action.
4. Compliance with the follow-up to General Audit findings.
If none of the progress of follow up occurs within 3 months, follow-up monitoring is submitted to Audit Policy Group and Quality
Control Audit Internal Division, and periodically coordinated with the Auditee regarding the follow-up development
Corporate Risk Management Division
Structure of Corporate Risk Management Division
The Risk Management Division acts as the Risk Management Work Unit of Bank Jatim consisting of several Sub Divisions, namely
the Market, Liquidity and Company Risk Management Sub Division, the Credit Risk Management Sub Division, and the Operational
Risk Management Sub Division which are supervised by the Director of Risk Management. The Organizational Structure of the Risk
Management Division is presented as follows:
Director of Risk
Management
Risk Management
Vice President
Market Risk, Liquidity Credit Risk AVP Operational Risk AVP
and Company AVP Management Management
Management
Quality IT & BCM
Company Market Risk & Credit Operational
Middle Office Credit Risk Assurance Operational
Risk Group Liquidity Group Portfolio Group Risk Group
Group Policy Group Operations Risk Group
Management Management Management Management Group Management
Duties and Responsibilities of the Corporate Risk Management Division
The duties and responsibilities of the Risk Management Division were as follows:
1. Providing input to the Directors in preparing Risk Management policies and strategies.
2. Develop procedures and tools for identification, measurement, monitoring and risk control.
3. Design and implement the tools needed in the implementation of risk management.
4. Monitor the implementation of Risk Management policies, strategies and frameworks recommended by the risk management
committee and approved by the Board of Directors.
5. Monitor overall risk position or exposure, as well as per risk, including monitoring compliance with established risk tolerances and
limits.
6. Conduct Stress Testing to determine the impact of the implementation of risk management policies and strategies on the Bank’s
overall portfolio or performance
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7. Review proposed new products and/or activities developed by a work unit including the completeness of the systems and
procedures used and their impact on the overall risk exposure of the Bank.
8. Provide recommendations to the risk-taking unit and/ or to the Risk Management committee regarding the implementation of
risk management.
9. Evaluate the accuracy and validity of the data used to measure risk for Banks using models for internal Bank purposes.
10. Prepare and submit reports on Bank Soundness Level, Bank Risk Profile, KPMM in accordance with the Risk Profile to the main
Director and the Director in charge of the risk management function.
11. Carry out periodic reviews of the process of implementing Risk Management.
12. Independent form risk taking unit in performing risk management monitoring function. Monitoring function aims to ensure that
bank risk and portfolio have been well managed, such as by the determination of risk parameter and limit.
Profile of Vice President of Risk Management Division
Vice President of the Risk Management Division in 2024 will be held by Mrs. Suci Issumiyaarti.
Suci Issumiyarti
Vice President of Risk Management Division
Citizenship : Indonesian Citizen
Place and Date of Birth/
: Born in Semarang in 1966. Age 58 years as of December 2024
Age
Domicile : Surabaya
Educational Bachelor of French from Semarang State Teacher Training and Education Institute (1989).
Backgorund
Certification • Risk Management Certification Level 4
• Bank Staff and Leadership School (SESPI) 2021
Job History Joining Bank Jatim in 1994, before occupying his current position, he served as Head of Operations for the Ngawi Branch
(2011), Head of the Kepanjen Branch (2012), Head of the Tulungagung Branch (2014), Head of the Corporate Secretary
Sub-Division (2015), Head of the Malang Branch (2015), Head of the Strategic Planning Division (2017), Head of the Credit
Risk Division (2018), Head of the Business Risk Division (2020), Head of the Corporate Risk Management Division (2021),
Head of the Operations Division (2022).
Basis of Appointment Since 2023, he has served as Head of the Risk Management Division based on the Decree of the Board of Directors No. 062/148/
DIR/HCP/KEP dated August 16, 2023.
Risk Management Competency Development
The competency development that has been followed by the Company’s Risk Management Division employees during 2024 is as follows.
No. Name of Education and Competency Development Execution time
1. Internal Audit 2 Accountancy and Finance January 2024
2. Product Knowledege February 2024
Preparation of Comprehensive Individual Risk Assessment (IRA) Based on POJK No. 8 of 2023
3. March 2024
(Strengthening Prevention of TPPU, TPPT, and PPSPM in the Banking Industry)
4. Collateral valuation March 2024
In House Training Growth Mindset vs Fixed Mindset, Emotional Intelligence and Work Satisfaction Culture
5. April 2024
Booster
6. Credit Administration & Banking Law May 2024
7. Credit Analysis May 2024
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No. Name of Education and Competency Development Execution time
8. AML-CFT & Gratification, Compliance Culture, Anti-Fraud Strategy & Critical Point Fraud May 2024
9. Bank Risk Management & Credit Portfolio Guidelines May 2024
10. Credit Risk Mitigation - Monitoring of Settlement and Execution of Problematic Credit May 2024
11. Environmentally Aware Financing Training May 2024
12. Credit Analysis & Accounting Basics June 2024
13. Credit Risk Analysis and Credit Settlement Restructuring June 2024
14. Litigation & Prevention of Banking Crimes June 2024
15. Litigation in Banking Operations June 2024
16. Legal Aspect Training in Credit June 2024
17. Sharia and IT Security Awareness June 2024
18. Banking Simulation For Bankers July 2024
19. Be Authentic with Personal & Professional Grooming and Mental Health at Workplace Culture Booster July 2024
20. Leading & Managing Your Sales Team To Success With James Gwee July 2024
21. Basic Treasury July 2024
22. Dagulir Credit and Jatim Bejo July 2024
23. Credit Restructuring & Financing July 2024
24. Training Executive Sharia Banking July 2024
25. Query SQL August 2024
Education and Training Funds Transfer Pricing - Measuring Business Unit Performance and Optimizing
26. August 2024
Net Margin
27. Credit Training in the Sugarcane Sector September 2024
Workshop on Preparation of Recovery Action Plans According to OJK Regulation No. 5 of 2025 for BPDs
28. October 2024
throughout Indonesia
29. AML, CFT, and PFWMD Training November 2024
30. Sharia Gold Pawn (Rahn) for Young People November 2024
Implementation of Financial Control and Consolidation Within the Scope of Bank Business Group
31. December 2024
Formation
32. In House for Quality Assurance Group Employees December 2024
Risk Management Certification
No. CERTIFICATION Position Total
Directors 7
1. Risk Management Certification Level 7 SEVP 2
ECHELON 1 8
COMMISSIONER 2
SEVP 1
2. Risk Management Certification Level 6 ECHELON 1 25
ECHELON 2 42
ECHELON 3 2
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No. CERTIFICATION Position Total
COMMITTEE 2
ECHELON 1 1
ECHELON 2 67
3. Risk Management Certification Level 5 ECHELON 3 285
ECHELON 4 673
BASIC OFFICIAL 1
EXECUTOR 18
ECHELON 3 1
4. Risk Management Certification Level 4 ECHELON 4 207
EXECUTOR 324
Implementation Duties of the Risk Management 16. Improve the quality of human resources through training
Division in 2024 programs both Public Training and In House Training as
well as Risk Management Certification.
During 2024, the Risk Management Division has implemented 17. Evaluating the results of testing of internal controlling
several initiatives/work plans to improve the implementation system of operational branch by Quality Assurance
of risk management, including: Operations.
1. Improving Asset Quality and optimizing recovery strategies
by forming a Credit/Financing & Recovery Control Team Committee Under the Board of Directors
2. Developing risk management tools, including:
a. Operational Risk Self Assessment (J-ORSA) Provisions regarding the Board of Directors Committee of
b. Head Office Work Unit Risk Profile (J-Priskop) Bank Jatim are stipulated based on the Decree of the Board
c. Implementation of Basel II Reforms related to the of Directors Number 062/056/DIR/CSE/KEP dated July 12,
calculation of Credit, Market and Operational Risk 2023, concerning the Board of Directors Committee of PT Bank
Weighted Assets (RWA) Pembangunan Daerah Jawa Timur Tbk. Following the Decree
3. Development of a Credit Risk Weighted Assets (RWA) of the Board of Directors of PT Bank Pembangunan Daerah
calculation system adjusted to Basel III reforms Jawa Timur Number 061/218/DIR/PRS/KEP dated December
4. Development of a risk management information system 7, 2022, concerning the Organizational Structure and Work
such as a Branch Office Risk Profile dashboard, Credit Procedure of PT Bank Pembangunan Daerah Jawa Timur Tbk
Portfolio and Enterprise Risk Management and Circular Letter of the Directors of PT Bank Pembangunan
5. Recovery Plan Daerah Jawa Timur Tbk Number 062/003/DIR/PRS/SE dated
6. Compile Stress Test. February 24, 2023 regarding Organizational Structure and
7. Implementation of the risk culture program Work Procedure of Bank Jatim-Grand Design, the Committee
8. Implementation of the 5 Pillars of Bank Jatim for the Board of Directors of Bank Jatim in 2024 is as follows:
Transformation program 1. Asset Liability Committee (ALCO)
9. Updating and preparing risk management policies, 2. Risk Management Committee
both Main Policies and Activities, Standard Operating 3. Personnel Management Committee
Procedures and Technical Instructions. 4. Information Technology Steering Committee/ITSC
10. Preparing Risk Studies for New and Existing Products/ 5. Credit Committee
Activities. a. Credit Implementation Committee
11. Implementing the Risk Management Committee and b. Credit Rescue Committee
Credit/Financing Policy Committee. c. Credit Settlement Committee
12. Preparing and submitting Risk Management Reports to the d. Credit Line Committee to Corporations
Regulator. e. Term Loan Facility Committee
13. Reviewing the Bank’s Soundness Level assessment f. Financing Implementation Committee
methodology. g. Financing Rescue Committee
14. Reviewing and updating Risk Limits. h. Financing Settlement Committee
15. Monitoring the achievement of the bank’s business plan i. Credit/Financing Write-off Committee
by seeking continuous improvement steps based on the 6. Credit Policy Committee
results of the Bank’s Soundness Level self-assessment 7. Product Committee:
PJP Committee for Product Sector
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07 Corporate
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Asset Liability Committee (ALCO)
In order to unify the decision making of assets and liabilities for the purposes outlined, a forum called the Asset Liabilities Committee
(ALCO) is needed. To minimize and eliminate the risks that occur in banks, especially Liquidity Risk, Interest Rates and Exchange
Rates, cooperation and active participation from the decision makers is necessary, both in terms of assets and liabilities. The
cooperation will succeed if each decision maker understands the role and its impact on overall business profits.
STRUCTURE AND MEMBERSHIP OF ASSET LIABILITY COMMITTEE (ALCO)
Position Accorded By Voting Rights Status
Chairman President Director Have voting rights
Alternate Chairman Director of Finance, Treasury & Global Services Have voting rights
Secretary VP Treasury Have voting rights
Permanent Member 1. Director of Micro Retail & Medium Has voting rights except for the Director
2. Director of IT & Digital of Compliance
3. Director of Risk Management
4. Director of Operations
5. Director of Compliance
6. All SEVP (Senior Executive Vice President)
7. All VP (Vice President) excluding non-permanent members
8. Institutional Relations Unit
Non-Permanent 1. VP of Human Capital Division Does not have voting rights
Member 2. VP of General Affairs Division
3. VP of Internal Audit Division
4. VP of Compliance & APU PPT Division
5. VP of Legal Division
6. Internal and external sources (eg: Branches other than members,
Consultants)
DUTIES, AUTHORITY, AND RESPONSIBILITIES OF ASSET a. liquidity risk,
LIABILITY COMMITTEE (ALCO) b. interest risk,
c. foreign exchange risk.
The duties, authorities and responsibilities of ALCO are: 6. Evaluate and set the banking book portfolio strategy based
1. Formulation of strategies and policies for the management on the Bank’s Business Plan (RBB) and following current
and control of financial assets as well as Bank liabilities conditions while still considering Liquidity Risk, Market
based on the predetermined liquidity risk, interest rate risk Risk, and Exchange Rate Risk.
and exchange rate risk controls. 7. Review and determine loan and fund interest rates
2. Review the balance sheet structure on exposure assets and and list & terms of conditions in accordance with the
liabilities so that it is in line with the Bank’s Business Plan recommendations, studies and the authority of each
and established risk limits. division in charge;
3. Reviewing the latest developments and projections related 8. Review and determine the Bank’s Liquidity Reserve position
to the state of the economy, interest rates, exchange rates strategy;
and foreign exchange to guide established policies 9. Review and determine the gap position strategy and its
4. Conduct asset and liability pricing reviews to optimize the instruments;
results of investment funds, minimize the cost of funds, and 10. Review and define strategies for foreign exchange positions
maintain a balance sheet structure in accordance with the and currencies;
company’s ALMA strategy. 11. Determine the internal funds transfer rate or inter-office
5. Evaluate, develop and determine the Asset & Liabilities account prices to boost efficiency in branch management.
Management position to ensure that the results of the risk 12. Review the performance and position of the Bank’s assets
taking position are consistent with management objectives: and financial liabilities in order to assess the impact of
asset liability management on the Bank’s objectives and on
the Bank’s internal compliance and regulatory compliance.
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Profile of Asset Liability Committee (ALCO) Members Asset Liability Committee (ALCO) Meeting and Duties
Profiles of members of the Asset Liability Committee (ALCO) Meeting Policy
can be seen in the Profiles of Directors and Profiles of Division The Bank regularly held ALCO (Asset & Liability Committee)
Leaders in the Company Profile Chapter in this Annual Report Meetings every month. The ALCO meeting agenda was led by
the ALCO Chair and/or ALCO replacement Chair and attended
Asset Liability Committee (ALCO) Independence by ALCO members and invitees. The ALCO Meeting Forum had
Statement fulfilled the meeting quorum in accordance with the provisions
or management policies related to the Committees under the
All committee members had no affiliation with Other Directors, Board of Directors. The ALCO Meeting agenda of each Business
Commissioners or Controlling Shareholders, and they were not Division was decided in the ALCO forum and was in accordance
shareholders of the Company and could affect their ability to with the pricing policy and the Bank’s business needs.
act independently, Commissioners, Directors or employees of
companies that had affiliation or business with the Bank.
Implementation of Meetings
ALCO Total ALCO
2024 Initiator Division Agenda Attendance
Committee Agenda results
Product Development Jatim Tapcash & Flazz
agree 85,29%
Division Price Proposal
Proposed KPR interest rate
Consumer Credit Division agree 85,29%
promo
Monday, January Proposed KPR & KPR
01 Sharia Business Division 6 Agenda agree 85,29%
15, 2024 Regular interest rate promo
Fund & Services Division MDR QRIS Proposal agree 85,29%
Micro Credit Division Reward Referral Proposal disagree 85,29%
Operations Division & Sharia Conventional & Sharia SKN
agree 85,29%
Business Division fare Information
Special Interest Rate
Friday, January 26, Retail & Medium Credit Proposal for Bank
02 1 Agenda agree 85,29%
2024 Division Statement Working Capital
Loans and Investment
Network Management & Micro Credit & Consumer
agree 79,41%
Services Division Referral Reward Proposal
Productive credit financing
Tuesday, February agree 79,41%
03 pricing proposal 3 Agenda
13, 2024
Sharia Business Division Wadiah & Mudharabah
Current Account Terms & agree 79,41%
Condition List Proposal
Interest rate for rolling
agree 85,29%
program credit proposal
Tuesday, February
04 Micro Credit Division Rolling credit program 2 Agenda
20, 2024
Terms & conditions agree 85,29%
proposal
Wednesday, March Review Eksternal & Internal
05 Treasury Division 1 Agenda agree 85,29%
13, 2024 Bank
Corporate and Syndication BLUD Investment Credit
agree 85,29%
Loan Division Interest Rate Proposal
Friday, April 19, Interest rate promo & CCC
06 Consumer Credit Division 3 Agenda disagree 85,29%
2024 provision proposal
Online Deposits terms &
Digital Banking Division agree 85,29%
condition list proposal
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07 Corporate
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ALCO Total ALCO
2024 Initiator Division Agenda Attendance
Committee Agenda results
Tuesday, May 14, Property Interest Rate
07 Consumer Credit Division 1 Agenda agree 73,53%
2024 proposal
Tabungan Simpel iB Terms
Wednesday, June Sharia Business Division agree 73,53%
08 & Condition list proposal 2 Agenda
05, 2024
Treasury Division RAK Pricing proposal agree 85,29%
Special Ratio Deposit Limit
agree 94,12%
Authority Proposal
Wednesday, July Sharia Business Division
09 Usulan ATM fare 3 Agenda
10, 2024 agree 85,29%
adjustment proposal
Treasury Division RAK Pricing proposal agree 85,29%
Promo for Retail & Medium
Retail & Medium Credit
Credit Provision Fee agree 94,12%
Division
proposal
Micro Credit Promotion
Micro Credit Division agree 94,12%
Proposal
Tuesday, July 30, Deposit Limit Authority
10 4 Agenda agree 94,12%
2024 proposal
Implemented
Sharia Business Division a follow-up
Special Margin for
committee 94,12%
Financing proposal
on the Credit
Committee
Thursday, August Cash Collateral Financing
11 Sharia Business Division 1 Agenda agree 94,12%
15, 2024 Margin proposal
Corporate and Syndication Commitment Fee for
agree 94,12%
Thursday, Loan Division Warehouse Receipt proposal
12 September 12, Extension of KPR & KKBP 2 Agenda
2024 Consumer Credit Division Promo Interest Rates disagree 91,18%
proposal
Tuesday, October Corporate & Syndication Loan Interest rate adjustment
13 1 Agenda agree 94,12%
01, 2024 Division authority proposal
Friday, October 25, Basic Credit Interest Rate
14 Treasury Division 1 Agenda agree 80,00%
2024 proposal
Wednesday,
15 Treasury Division ALCO Authorities Proposal 1 Agenda disagree 80,00%
November 20, 2024
Friday, December Retail & Medium Micro Credit
16 ALCO Authorities Proposal 1 Agenda disagree 82,86%
06, 2024 Division
Corporate & Syndication Loan Corporate Credit Pricing
agree 94,29%
Division Proposal
Thursday,
17 KKB Credit Interest Rate 3 Agenda
December 19, 2024 Consumer Credit Division agree 94,29%
proposal
Sharia Business Division DOC Authorities Proposal agree 94,29%
Risk Management Committee
The Risk Management Committee is established to maintain risk exposures at tolerable or profitable limits, so the Bank can conduct
its business activities and remain under control (manageable) based on the principle of prudence.
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STRUCTURE AND MEMBERSHIP OF RISK MANAGEMENT COMMITTEE
The structure and membership of the Risk Management Committee are as follows.
Position Accorded By Voting Rights Status
Chairman President director Have voting rights
Alternate Chairman Director of Risk Management Have voting rights
Secretary Head of Risk Management Division Does not have voting rights
Permanent Member Field Director Have voting rights
Director of Compliance Does not have voting rights
All Senior Executive Vice Presidents (SEVP) Have voting rights
DUTIES, AUTHORITIES AND RESPONSIBILITIES OF THE 5. Determining overall limits, limits per type of risks, limits per
RISK MANAGEMENT COMMITTEE functional activity including limits related to business and
The authorities and responsibilities of the Risk Management other operations.
Committee is to evaluate and provide recommendations to 6. Deciding the level of risk appetite and risk tolerance.
the President Director regarding the implementation of risk 7. Delivering strategic issues that are in line with business
management, including minimally as follows: strategy and follow up on these issues that are discussed in
1. Drafting of risk management policies and its changes, the previous Risk Management Committee and have been
including risk management strategies, level of risks determined by the Division in charge.
appetite and risk tolerance, risk management framework,
and contingency plans to anticipate the occurrence of RISK MANAGEMENT COMMITTEE MEMBERS PROFILE
abnormal conditions. Profiles of members of the Risk Management Committee can
2. Improving the risk management process periodically or be seen in the Profiles of Directors and Profile of Division
incidentally as a result of changes in the Bank’s external Leaders in the Company Profile Chapter in this Annual Report.
and internal conditions that affect the Bank’s capital
sufficiency, risk profile, and ineffective implementation of RISK MANAGEMENT COMMITTEE INDEPENDENCE
Risk Management based on the results of evaluation. STATEMENT
3. Determination of policies and/or business decisions All committee members have no affiliation with Other
that deviate from normal procedures, such as exceeding Directors, Commissioners or Controlling Shareholders, are not
significant business expansion compared to the Bank’s shareholders of the Company which can affect their ability to
previously determined business plan or taking positions or act independently, Commissioners, Directors or employees of
risk exposures that exceed predetermined limits. companies that have affiliation or business with the Bank.
4. Submitting an assessment of the Bank’s Soundness Level
and company risk profile.
MEETINGS AND IMPLEMENTATION OF RISK MANAGEMENT COMMITTEE TASKS
Number of Komenko
No. Meeting Date Agenda Initiator Division Presence (%)
Agendas Results
Bank Soundness level
1. Approved
Report December 2023
Komenko #01 Risk Management
1. Determination of the 2 Approved 83%
January 26, 2024 Division
2. 2024 Risk Appetite
Statement
Bank Risk Profile Report Approved
1.
for March 2024 Period
Komenko #2 Risk Appetite Statement Risk Management Approved
2. 2. 3 75%
May 30, 2024 Adjustment 2024 Division
ESTIM User’s ATM and Approved
3.
CRM Limit Review
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Number of Komenko
No. Meeting Date Agenda Initiator Division Presence (%)
Agendas Results
1. Bank Risk’s Profile Approved
Komenko #03 2. Risk Appetite Statement Risk Management Approved
3. 4 83%
July 18, 2024 3. Risk Issue Division Approved
4. Branch Risk’s Profile Approved
September 2024 Risk Approved
1. Profile by Self Assessment
Komenko #04 Results delivery Risk Management
4. 2 75%
October 31, 2024 Primary Dealer Division Approved
2. Transaction Authority
Limit
Komenko #05 Risk Management Approved
5. 1. Recovery Plan 1 75%
November 19, 2024 Division
GRC Self Assessment Approved
1.
Report
Penyampaian Risk Approved
2. Appetite Statement Bank
NTB Syariah tahun 2025
Komenko #06 Determination of 2025 Risk Management Approved
6. 3. 4 92%
December 18, 2024 Risk Appetite Statement Division
Follow-up Report on
Bank Indonesia’s Actions
4. Regarding Unusual Approved
Transactions on BI-FAST
Services
Personnel Management Committee
The Personnel Management Committee was formed in order to obtain optimal results in deciding critical matters in the field of
Human Capital, both strategically, policies, and the Human Capital management system in line with the Bank’s Business Plan.
STRUCTURE AND MEMBERSHIP OF THE EMPLOYMENT COMMITTEE
The membership structure of the Personnel Management Committee is as follows:
Chairman President Director Have Sound
Chairman President Director Have Sound
Alternate Chairman Field Directors Appointed by the President Director Have Sound
Members All Field Directors and SEVPs in charge of the Human Capital Division Have Sound
Secretary Vice President Human Capital Have Sound
DUTIES, AUTHORITIES AND RESPONSIBILITIES OF THE b. Establish and decide standard operating procedures in
EMPLOYMENT COMMITTEE the field of Human Capital
The Personnel Management Committee has duties, authorities
and responsibilities, among others: 3. Duties, authorities and responsibilities of the Board of
1. The duties, authorities and responsibilities of the Board Directors Committee in the field of career management
of Directors Committee are divided into 3 (three) areas include:
consisting of: a. Deciding on the implementation of the official transfer/
a. Policy Area promotion program at Echelon 1 and Echelon 2 levels.
b. Career Management Area b. Evaluating the Key Performance Indicators (KPI) of
c. Disciplinary Penalty Area individual officials with echelon 1 levels.
2. The duties, authorities and responsibilities of the Board of 4. The duties, authorities and responsibilities of the Board of
Directors Committee in the policy field include: Directors Committee in the field of disciplinary punishment
a. Ensure that the main policies related to Human Capital are to decide on disciplinary violation sanctions for
activities are consistent and in line with the company’s employees with echelon 1 and 2 levels and echelon levels
strategic planning (Corporate plan) below them if the violations are interrelated.
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EMPLOYMENT COMMITTEE MEMBERS PROFILE
Profiles of Personnel Management Committee Members can be seen in the Profiles of Directors and Heads of Division in the Company
Profile Chapter in this Annual Report.
TATEMENT OF INDEPENDENCE OF EMPLOYEE MANAGEMENT COMMITTEE
All committee members have no affiliation with Other Directors, Commissioners or Controlling Shareholders, are not shareholders
of the Company which can affect their ability to act independently, Commissioners, Directors or employees of companies that have
affiliation or business with the Bank.
MEETINGS AND IMPLEMENTATION OF THE TASKS OF THE EMPLOYEE MANAGEMENT COMMITTEE
Board of
Number
Komite Initiator Directors
No. Agenda of Attendance
Direksi Division Committee
Agendas
Results
Board of Directors Policy Committee (Changes to
Administrative Assignment SOP, Competency Dictionary
February Human Capital
1. SOP Update, Job Requirements SOP Revision, Code of 5 Approved 88%
05, 2024 Division
Conduct and Business Ethics SOP Update, Underperforming
Employee Management SOP)
February 21, Board of Directors Career Management Committee (KPI Human Capital Approved
2. 1 100%
2024 Value Determination for SEVP and Echelon 1) Division
February 23, Human Capital Approved
3. Board of Directors Policy Committee (Job Evaluation) 2 100%
2024 Division
March 06, CIRCULAR - Board of Directors Policy Committee Human Capital Approved
4. 1 100%
2024 (Amendments to Recruitment and Selection SOP) Division
March 25, Board of Directors Recruitment Committee for (Recruitment Human Capital Approved
5. 1 100%
2024 and PKWT VP Micro Credit) Division
Minutes of the Meeting of the Board of Directors' Discipline Approved
April 02, Committee (Imposition of Disciplinary Sanctions on Human Capital
6. 3 100%
2024 Bojonegoro Branch, Lamongan Branch, and Immoral Division
Conduct)
May 08, CIRCULAR - Board of Directors Committee for Policy (SOP Human Capital Approved
7. 1 88%
2024 Performance Management System) Division
May 29, CIRCULAR - Recruitment Committee of the Board of Human Capital Approved
8. 1 88%
2024 Directors for Prohire SEVP Network and Services Division
July 05, Board of Directors' Career Management Committee (Filling Human Capital Approved
9. 1 75%
2024 of Vacant Echelon 1 & 2 Positions) Division
August 30, CIRCULAR - Board of Directors Recruitment Committee Human Capital Approved
10. 1 100%
2024 (SEVP Corporate Transformation Recruitment) Division
September Board of Directors' Career Management Committee (Filling Human Capital Approved
11. 1 100%
03, 2024 of Vacant Echelon 1 & 2 Positions) Division
CIRCULAR - Board of Directors Recruitment Committee Approved
September Human Capital
12. (Extension of SEVP Network and Services Employment 1 100%
27, 2024 Division
Contract)
October 21, CIRCULAR - Board of Directors Career Management Human Capital Approved
13. 1 100%
2024 Committee (Transfer of Duties for Echelon 1 Employees) Division
December CIRCULAR - Board of Directors Career Management Human Capital Approved
14. 1 100%
04, 2024 Committee (Reassignment of Echelon 2 Personnel) Division
CIRCULAR - Board of Directors Committee for Policy Approved
December Human Capital
15. (Changes to the SOP Policy for Marriages Between Bank 1 100%
09, 2024 Division
Jatim Employees)
December Board of Directors Committee for Career Management Human Capital Approved
16. 1 100%
31, 2024 (Filling of Vacant Positions of SEVP, Echelon 1 & 2) Division
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Information Technology Steering Committee
The role and function of the Information Technology Committee are:
1. The Information Technology Committee is part of IT governance in providing recommendations, the committee must pay
attention to the efficiency factor of IT governance in order to minimize the occurrence of risks associated with the use of IT and
to protect the interests of the Bank and customers.
2. As a manifestation of part of IT governance in order to minimize the occurrence of risks associated with the use of IT and to
protect the interests of the IT Steering Committee was formed as a manifestation of the commitment of the Board of Directors
and management of Bank Jatim in the form of active supervision of IT management. As regulated in the POJK MRTI, the
Information Technology Committee plays a role in assisting the implementation of the Board of Directors’ duties in determining
the Information Technology Strategic Plan and Bank policies related to the use of Information Technology.
STRUCTURE AND MEMBERSHIP OF INFORMATION TECHNOLOGY STEERING COMMITTEEE
Position Accorded by Voting Rights Status
Chairman President Director Have voting rights
Alternate Chairman IT & Digital Director Have voting rights
Secretary Vice President of Information Technology Have voting rights
1. Director of Operations
2. Director of Finance, Treasury & Global Services
3. Director of Micro, Retail & Medium
4. Director of Risk Management
5. Director of Compliance
6. Corporate Secretary
Permanent Member Have voting rights
7. All Senior Executive Vice Presidents
8. All Vice Presidents, Except:
a. Vice President Internal Audit
b. Vice President Legal
c. Vice President Compliance & AML CFT
9. All Unit Leaders
1. Vice President Internal Audit
Non-Permanent
2. Vice President Legal Does not have voting rights
Members
3. Vice President Compliance & AML CFT
DUTIES, AUTHORITIES AND RESPONSIBILITIES OF THE 3. Align the approved Information Technology projects
INFORMATION TECHNOLOGY STEERING COMMITTE with the Information Technology Strategic Plan. The
Committee also sets priority status for critical IT projects
The duties, authorities, and responsibilities of the IT Committee that significantly impact the Bank’s operational activities,
are to provide recommendations to the Board of Directors such as the replacement of core banking applications,
concerning: production servers, and network topology.
1. Strategic IT Plan aligned with the Bank’s business 4. Align the implementation of Information Technology
activity strategic plan. In providing recommendations, projects with the approved project plan. The Committee
the Committee must consider factors such as efficiency, should supplement recommendations with analyses of
effectiveness, and other aspects, including: major IT projects, enabling the Board of Directors to make
a. Roadmap to achieve needs supporting the Bank’s efficient decisions.
business strategy. The roadmap consists of the current 5. Align the operation of Information Technology with the
state, the desired future state, and steps to be taken to needs of management information systems and the
achieve the desired state. business activities of the Bank.
b. Required resources. 6. The effectiveness of steps in minimizing the risk of bank
c. Benefits to be obtained when the IT Strategic Plan is investment in the Information Technology sector so that
implemented. bank investment in the Information Technology sector
d. Constraints that may arise in the implementation of the contributes to achieving the Bank’s business objectives.
IT Strategic Plan. 7. Monitoring of Information Technology performance and
2. Formulate the primary Information Technology policies, efforts to improve Information Technology performance,
standards, and procedures, including information for example detection of obsolescence of Information
security policy and risk management related to the use of Technology infrastructure, measurement of effectiveness,
Information Technology in the Bank. and efficiency of the implementation of Information
Technology security policies
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8. Efforts to resolve various problems related to Information INFORMATION TECHNOLOGY STEERING COMMITTEE
Technology that cannot be resolved by the user work MEMBER PROFILE
unit and Information Technology organizer effectively, The profiles of the Information Technology Committee
efficiently, and on time. members can be seen in the Board of Directors Profile and
9. Adequacy and allocation of resources owned by the Bank. Executive Officers Profile sections in the Company Profile
In the event that the resources owned are inadequate and Chapter in this Annual Report.
the Bank will use the services of other parties in organizing
IT, the IT steering committee must ensure that the Bank STEERING INDEPENDENCE OF INFORMATION
has the required policies and. TECHNOLOGY STEERING COMMITTEE
All committee members have no affiliation with Other
Directors, Commissioners or Controlling Shareholders, are not
shareholders of the Company which can affect their ability to
act independently, Commissioners, Directors or employees of
companies that have affiliation or business with the Bank.
MEETINGS AND IMPLEMENTATION OF INFORMATION TECHNOLOGY STEERING COMMITTEE TASKS
Initiator Number of Committee Attendance
No. Meeting Date Agenda
Division Agendas Results (%)
1. December 23, 2024 Theme 2024: Laying Digital Information 6 Agenda Approved 76%
Ecosystem Foundation Technology
a. FU ITSC 2023 – Executive
Summary
b. Masterplan TI 2024 - 2028
c. Information Technology
d. Digital Banking: Digital Ecosystem
e. IT Security
f. Suggestions and Recommendations
Credit Committee
STRUCTURE AND MEMBERSHIP OF THE CREDIT/FINANCE COMMITTEE
1. DETERMINATION OF BUSINESS AND RISK FUNCTIONS IN THE CREDIT COMMITTEE
a. Credit Committee A (Board of Directors), as follows
Business Function Risk Function
Finance, Tresury & Global Services Director Chief Executive Officer
Micro, Retail & Middle Director Risk Management Director
SEVP Corporation, Syndication & Institusional Operation Director
SEVP Consumer Banking IT & Digital Director
SEVP Sharia Business SEVP Corporate Transformation
SEVP Network & Services
2. DETERMINATION OF BUSINESS FUNCTIONS AND RISK FUNCTIONS IN THE CREDIT/FINANCING COMMITTEE FOR CREDIT/
FINANCING IMPLEMENTATION
a. Membership Structure of the Implementation Committee (A1)
Business Function Risk Function
1) Director of Micro, Retail & Medium 1) President director
2) Director of Finance, Treasury & Global Services 2) Director of Risk Management
3) SEVP Corporate, Syndicate & Institutional 3) Director of Operations
4) SEVP Consumer Banking 4) Director of IT & Digital
5) SEVP Corporate Transformation/ SEVP Network & Services
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07 Corporate
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b. Membership Structure of the Implementation Committee (A2)
Business Function Risk Function
1) Director of Micro, Retail & Medium 1) Director of Risk Management
2) Director of Finance, Treasury & Global Services 2) Director of Operations
3) SEVP Corporate, Syndicate & Institutional/ 3) Director of IT & Digital
SEVP Consumer Banking
4) SEVP Corporate Transformation /
SEVP Network & Services
c. Membership Structure of the Implementation Committee (A3)
Business Function Risk Function
1) Director of Micro, Retail & Medium/ 1) Director of Risk Management
2) Director of Finance, Treasury & Global Services SEVP 2) Director of Operations/Director of IT & Digital
Corporate, Syndicate & Institutional/ SEVP Consumer
Banking
SEVP Corporate Transformation /
SEVP Network & Services
d. Membership Structure of the Implementation Committee (B)
Business Function Risk Function
1) SEVP Corporate, Syndicate & Institutional/ 1) SEVP Corporate Transformation
SEVP Consumer Banking
2) VP Commercial, Corporate and Syndication Loan/ 2) SEVP Network & Services
VP Retail & Mid Credit/
VP Micro Credit/VP Consumer Credit
3) VP Credit Risk Analyst
e. Membership Structure of the Implementation Committee (C)
Business Function Risk Function
1) VP Commercial, Corporate and Syndication Loan 1) VP Credit Risk Analyst
f. Membership Structure of the Implementation Committee (C2)
Business Function Risk Function
1) VP Retail & Medium Credit 1) VP Credit Risk Analyst
3. DETERMINATION OF BUSINESS FUNCTIONS AND RISK FUNCTIONS IN THE CREDIT/FINANCING COMMITTEE FOR CREDIT/
FINANCING RESTRUCTURING
a. Membership Structure of the Rescue Committee (A)
Business Function Risk Function
1) Director of Micro, Retail & Mid-Cap 1) President director
2) Director of Finance, Treasury & Global Services 2) Director of Risk Management
3) SEVP Corporate, Syndication & Institutional 3) Director of Operations
4) SEVP Consumer Banking 4) Director of IT & Digital
5) SEVP Corporate Transformation
6) SEVP Network & Services
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b. Membership Structure of the Rescue Committee (A1)
Business Function Risk Function
1) Director of Micro, Retail & Mid-Cap 1) President director
2) Director of Finance, Treasury & Global Services 2) Director of Risk Management
3) SEVP Corporate, Syndication & Institutional 3) Director of Operations
4) SEVP Consumer Banking 4) Director of IT & Digital
5) SEVP Corporate Transformation/
SEVP Network & Services
c. Membership Structure of the Rescue Committee (A2)
Business Function Risk Function
1) Director of Micro, Retail & Medium 1) Director of Risk Management
2) Director of Finance, Treasury & Global Services 2) Director of Operations
3) SEVP Corporate, Syndicate & Institutional / SEVP Consumer 3) Director of IT & Digital
Banking
4) SEVP Corporate Transformation/
SEVP Network & Services
d. Membership Structure of the Rescue Committee (A3)
Business Function Risk Function
1) Director of Micro, Retail & Medium/ Director of Treasury & 1) Director of Risk Management
Global Services
2) SEVP Corporate, Syndicate & Institutional / SEVP Consumer 2) Director of Operations/ Director of IT & Digital
Banking
3) SEVP Corporate Transformation/ SEVP Network & Services
e. Membership Structure of the Rescue Committee (B)
Business Function Risk Function
1) SEVP Corporate, Syndicate & Institutional / 1) SEVP Corporate Transformation
SEVP Consumer Baning
2) For Performing Loan (PL) 2) SEVP Network & Services
VP Commercial, Corporate and Syndication Loan/
VP Retail & Mid Credit/
VP Micro Credit/VP Consumer Credit
For Non Performing Loan (NPL)
VP Credit Restructuring and Recovery
3) VP Credit Risk Analyst
f. Membership Structure of the Rescue Committee (C2)
Business Function Risk Function
1) For Performing Loan (PL) 1) VP Credit Risk Analyst
VP Retail & Medium Credit/
VP Micro Credit/
VP Consumer Credit
For Non Performing Loan (NPL)
VP Credit Restructuring and Recovery
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4. DETERMINATION OF BUSINESS FUNCTIONS AND RISK FUNCTIONS IN THE CREDIT/FINANCING COMMITTEE FOR CREDIT/
FINANCING SETTLEMENT
a. Membership Structure of the Settlement Committee (A1)
Business Function Risk Function
1) Director of Micro, Retail & Medium 1) President director
2) Director of Finance, Treasury & Global Services 2) Director of Risk Management
3) SEVP Corporate, Syndicate & Institutional 3) Director of Operations
4) SEVP Consumer Banking 4) Director of IT & Digital
5) SEVP Corporate Transformation/
SEVP Network & Services
b. Membership Structure of the Settlement Committee (A2)
Business Function Risk Function
1) Director of Micro, Retail & Medium 1) Director of Risk Management
2) Director of Finance, Treasury & Global Services 2) Director of Operations
3) SEVP Corporate, Syndicate & Institutional / SEVP Consumer 3) Director of IT & Digital
Banking
4) SEVP Corporate Transformation/
SEVP Network & Services
c. Membership Structure of the Settlement Committee (A3)
Business Function Risk Function
1) Director of Micro, Retail & Medium/ Director of Finance, 1) Director of Risk Management
Treasury & Global Services
2) SEVP Corporate, Syndicate & Institutional / SEVP Consumer 2) Director of Operations/Director of IT & Digital
Banking
3) SEVP Corporate Transformation/
SEVP Network & Services
d. Membership Structure of the Settlement Committee (C)
Business Function Risk Function
1) VP Credit Restructuring and Recovery 1) VP Credit Risk Analyst
5. DETERMINATION OF BUSINESS FUNCTIONS AND RISK FUNCTIONS IN THE CREDIT COMMITTEE FOR THE TERM LOAN FACILITY
a. Membership Structure of the Term Loan Facility Committee (A1)
Business Function Risk Function
1) Director of Finance, Treasury & Global Services 1) President Director
2) SEVP Corporate, Syndication & Institutional 2) Director of Risk Management
b. Membership Structure of the Term Loan Facility Committee (A2)
Business Function Risk Function
1) Director of Finance, Treasury & Global Services 1) Director of Risk Management
2) SEVP Corporate, Syndication & Institutional
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c. Membership Structure of the Term Loan Facility Committee (A3)
Business Function Risk Function
1) Director of Finance, Treasury & Global Services 1) Director of Risk Management
d. Membership Structure of the Term Loan Facility Committee (C)
Business Function Risk Function
1) VP International Banking 1) VP Credit Risk Analyst
2) VP Commercial, Corporate and Syndication Loan
6. DETERMINATION OF BUSINESS FUNCTIONS AND RISK FUNCTIONS IN THE CREDIT COMMITTEE FOR CREDIT LINE
a) Membership Structure of the Credit Line Committee (A1)
Business Function Risk Function
1) Director of Finance, Treasury & Global Services 1) President Director
2) SEVP Corporate, Syndication & Institutional 2) Director of Risk Management
b) Membership Structure of the Credit Line Committee (A2)
Business Function Risk Function
1) Director of Finance, Treasury & Global Services 1) Director of Risk Management
2) SEVP Corporate, Syndication & Institutional
c) Membership Structure of the Credit Line Committee (A3)
Business Function Risk Function
1) Director of Finance, Treasury & Global Services 1) Director of Risk Management
d) Membership Structure of the Credit Line Committee (C)
Business Function Risk Function
1) VP International Banking 1) VP Credit Risk Analyst
2) VP Commercial, Corporate and Syndication Loan
7. DETERMINATION OF CREDIT COMMITTEE FOR CREDIT/FINANCING WRITE-OFF
a. Membership Structure of the Write-Off Committee (A1)
Business Function Risk Function
1) Micro, Retail & Medium Director 1) Main Director
2) Financial, Treasury & Global Services Director 2) Risk Management Director
3) corporate, syndicate and institutional SEVP 3) Operational Director
4) Consumer Banking SEVP / Sharia Business SEVP 4) IT & Digital Director
5) Corporate Transformation SEVP /
Network & Services SEVP
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b. Membership Structure of the Write-Off Committee (A2)
Business Function Risk Function
1) Micro, Retail & Medium Director 1) Risk Management Director
2) Financial, Treasury & Global Services Director 2) Operational Director
3) corporate, syndicate and institutional SEVP / Consumer 3) IT & Digital Director
Banking SEVP / Sharia Business SEVP
4) Corporate Transformation SEVP /
Network & Services SEVP
c. Membership Structure of the Write-Off Committee (A3)
Business Function Risk Function
1) Micro, Retail & Medium Director / Financial, Treasury & Global 1) Risk Management Director
Services Director
2) corporate, syndicate and institutional SEVP / Consumer 2) Operational Director / IT & Digital Director
Banking SEVP / Sharia Business SEVP
3) Corporate Transformation SEVP /
Network & Services SEVP
4. Membership Structure of the Write-Off Committee (C)
Business Function Risk Function
1) VP Reconstruction and Credit Recovery 1) Credit Risk VP Analyst
DUTIES, AUTHORITIES, & RESPONSIBILITIES OF THE b. to reject requests and/or influences from interested
CREDIT AND FINANCING COMMITTEE parties with credit/financing applicants to provide
1. The Committee’s duties are as follows: approval for:
a. to provide approval or rejection of credit/financing in 1) Credit/Financing;
accordance with the authority limits or types of credit/ 2) Credit/Financing Rescue;
financing determined by the Board of Directors; and 3) Credit/Financing Settlement;
b. to coordinate with the Asset & Liabilities Committee 4) Credit/Financing Write-Off;
(ALCO) in the aspect of credit/financing funding. 5) Credit Line; and
2. The Committee’s responsibilities are as follows 6) Term Loan Facility (TLF);
a. to carry out duties, especially in providing approval or which is merely a formality;
rejection of applications for: c. provide direction if a more in-depth and comprehensive
1) Credit/Financing; credit/financing analysis is required;and
2) Credit/Financing Rescue; d. determine credit/financing plans, both those that
3) Credit/Financing Settlement; have been restructured and those that have not been
4) Credit/Financing Write-Off; restructured from other financial institutions.
5) Credit Line; and
6) Term Loan Facility (TLF); PROFILE OF CREDIT AND FINANCING COMMITTEE MEMBERS
based on their competence honestly, objectively, Profiles of Credit Committee Members can be seen in the
carefully, and thoroughly; Profile of the Board of Directors and Profile of Division Leaders
in the Company Profile Chapter of this Annual Repor.
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STATEMENT OF INDEPENDENCE OF THE CREDIT COMMITTEE AND FINANCING
Credit Committee Implementation
Credit Committee
Number of Committee
No. Committee Agenda Initiator Division Presenence
Agendas Result
Date (%)
Corporate Credit
1. 21/03/2024 Credit Implementation 1 Approved 100%
and Syndication
2. 28/06/2024 Corporate Credit
Credit Implementation 1 Approved 100%
3. 06/08/2024 and Syndication
Corporate Credit
4. 27/08/2024 Credit Implementation 1 Approved 100%
and Syndication
Credit Rescue Committee
Credit Committee
Number of Committee
No. Committee Agenda Initiator Division Presenence
Agendas Result
Date (%)
1 13/09/2024 Credit Rescue Retail and Medium Credit 2 Approved 100%
Credit Settlement Committee
Credit Committee
Number of Committee
No. Committee Agenda Initiator Division Presenence
Agendas Result
Date (%)
1 02/07/2024 Restructuring and
Credit Settlement 1 Approved 100%
2 04/07/2024 Credit Recovery
Restructuring and
3 14/11/2024 Credit Settlement 1 Rejected 100%
Credit Recovery
Financing Implementation Committee
Credit Committee
Number of Committee
No. Committee Agenda Initiator Division Presenence
Agendas Result
Date (%)
1 Sep 13, 2024 Financing Implementation Committee Sharia Business Division 1 Approved 100%
2 Oct 01, 2024 Financing Implementation Committee Sharia Business Division 1 100%
3 Nov 29, 2024 Financing Implementation Committee Sharia Business Division 1 Approved 100%
Credit & Financing Write-Off Committee
Credit Committee
Number of Committee
No. Committee Agenda Initiator Division Presenence
Agendas Result
Date (%)
Credit Committee (A2) for Write-Off
1 JUNE 28,2025 RPK Division 1 Approved 100%
of June 2024 Credit/Financing Period
CREDIT POLICY COMMITTEE
Credit Policy Committee, hereinafter abbreviated as KKP, is a committee formed by the Board of Directors in the framework of credit
policy management that aims to support the provision of sound credit and contains elements of internal control from the initial stage
of the credit activity process to the credit monitoring stage by observing the principle of prudence.
This committee was formed with the aim of supporting sound lending and monitoring from the initial submission process to
implementation using the precautionary principle. In the Credit Policy can be divided into 2 namely:
a. Credit Policy Committee
b. Financing Policy Committee
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STRUCTURE AND MEMBERSHIP OF CREDIT POLICY COMMITTE
Position Served by Voting Rights Status
Chairman President Director (concurrently as permanent member) Have Voting Rights
Alternate Chairman Director of Risk Management (concurrently serving as a permanent member) Have Voting Rights
Secretary Vice President of Risk Management Do not have voting rights
Permanent Members Board of Directors: Have Voting Rights (except Compliance
1. Director of Micro, Retail & Medium Director)
2. Director of Finance, Treasury & Global Services
3. Director of IT & Digital
4. Director of Operations
5. Director of Compliance
All SEVPs
Non-Permanent 1. All Vice Presidents of Credit/Financing Do not have voting rights
Members 2. Vice President of Internal Audit
Internal and external sources (e.g. consultants).
DUTIES, AUTHORITY, AND RESPONSIBILITIES OF CREDIT 8) Discussing and determining and evaluating policies
POLICY COMMITTEE related to credit or financing business strategies for
both consumer, micro, retail, medium and corporate
Duties and Authorities segments;
The Credit Policy Committee has duties and authorities that 9) Leading and directing the work of the Team and being
at least cover the following: responsible for the performance of the Team.
a. Providing input to the Board of Directors in the preparation Responsibility
of Credit or Financing Product or Activity Policy (KPA), The Credit Policy Committee has at least the following
especially those related to the formulation of the principle responsibilities:
of prudence in credit or financing; a. Submitting written reports periodically to the Board of
b. Supervising that the KPA for Credit or Financing can be Directors with a copy to the Board of Commissioners
implemented and carried out consistently and consistently regarding:
and formulating solutions in the event of obstacles or 1) Results of supervision of the implementation and
constraints in the implementation of the KPA for Credit or execution of the Credit or Financing KPA; and
Financing. Furthermore, the KKP also conducts periodic 2) Results of monitoring and evaluation regarding matters
reviews of the KPA for Credit or Financing and provides regulated in the duties and authorities of the KKP.
advice to the Board of Directors if changes or improvements b. Providing suggestions for corrective measures to
are needed to the KPA for Credit or Financing; and the Board of Directors with a copy to the Board of
c. Monitoring and evaluating: Commissioners regarding matters related to letter a; and
1) Development and quality of the credit or financing c. In the event of any deviations in the implementation of
portfolio as a whole; the Credit or Financing KPA related to the fulfillment
2) The truth of the implementation of the authority to of sharia principles, the report is also submitted to the
decide on credit or financing; Sharia Supervisory Board
3) The truth of the process of granting, development, and
quality of credit or financing given to parties related to PROFILE OF MEMBERS OF THE CREDIT POLICY COMMITTEE
the Bank and certain large debtors;
4) The truth of the implementation of the BMPK Profiles of Credit Policy Committee Members can be seen in the
provisions; Profiles of the Directors and Division Leaders in the Company
5) Compliance with the provisions of laws and regulations Profile Chapter in this Annual Report.
and other regulations in the implementation of the
provision of credit or financing; STATEMENT OF INDEPENDENCE OF THE CREDIT POLICY
6) Settlement of problematic credit or financing in COMMITTEE
accordance with that stipulated in the Credit or
Financing KPA; and All committee members have no affiliation with other
7) The bank’s efforts to meet the adequacy of the amount Directors, Commissioners or Controlling Shareholders, are not
of credit or financing write-off provisions; shareholders of the Company which could affect their ability
to act independently, Commissioners, Directors and employees
from companies that have affiliations or business with the Bank.
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MEETINGS AND IMPLEMENTATION OF DUTIES OF THE CREDIT POLICY COMMITTEE
Initiator Number of
No. KKP Agenda KKP Results Attendance
Division Agendas
Credit or Financing Market Segmentation Approved
Credit/Financing Approval Authority Limit
Approved
(LKPK/P) Credit Committee
January 10, Risk Management
1. Credit/Financing Approval Authority Limit 4 80%
2024 Division Approved
(LKPK/P) Cash and Non-Cash
On The Spot (OTS) Implementation Limit
Approved
in the Credit/Financing Process
Term Loan Facility Approval Authority Limit Approved
Credit Line/Transaction Facility Decision
Approved
Authority Limit
Credit/Financing Approval Authority Limit
February 06, Risk Management Approved
2. (LKPK/P) Credit Committee 5 80%
2024 Division
Credit/Financing Approval Authority Limit
Approved
(LKPK/P) Cash and Non-Cash
On The Spot (OTS) Implementation Limit
Approved
in the Credit/Financing Process
Review of Credit/Financing Portfolio
Approved
June 05, Guidelines Risk Management
3. 2 91%
2024 Division Implemented by
Review of 2024 CKPN Fare
follow-up committee
Review of Current Ratio (CR) and Debt
to Equity Ratio (DER) provisions in the Risk Management Approved
4. July 15, 2024 Credit/Financing Portfolio Guidelines 2 91%
Division
Review of 2024 CKPN Fare Approved
Product Committee
PRODUCT COMMITTEE
The Product Committee is established for the management of policies and monitoring of products to ensure success in developing
and evaluating products in line with the Bank’s business plan.
STRUCTURE AND MEMBERSHIP OF THE PRODUCT COMMITTEE
POSITION Served by Voting Rights Status
Chairman President director Have voting rights
a. Director of Operations; or
Alternate Chairman Have voting rights
b. Director of IT and Digital
a. VP Product Development; or
Secretary Have no voting rights
b. VP Digital Banking
a. Director of Fields; a. Have voting rights
Permanent Members b. Director of Compliance; and b. Have no voting rights
c. Related SEVP c. Have voting rights
a. Related VP; and
Invitation Have no voting rights
b. Related Work Unit AVP
DUTIES, AUTHORITY, AND RESPONSIBILITIES OF PRODUCT COMMITTEE
Duties and Authorities
1. Deliberate, establish, and evaluate business strategies through product development, encompassing both digital and non-digital
aspects, covering conventional and Sharia products. This includes the development of new and advanced products.
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2. Monitor and evaluate the performance of products and PRODUCT COMMITTEE MEMBERS PROFILE
make decisions regarding product sustainability based on Profiles of Product Members can be seen in the Profiles of the
initiator recommendations (whether to continue, develop, Directors and the Profile of Division Leaders in the Company
cease, or close a product). Profile Chapter in this Annual Report.
3. Discuss and resolve strategic business issues related to
product development. STATEMENT OF INDEPENDENCE OF THE PRODUCT
COMMITTEE
Responsibilities All committee members have no affiliation with Other
1. Execute tasks, particularly those related to product Directors, Commissioners or Controlling Shareholders, are not
development, professionally, optimally, accurately, shareholders of the Company which can affect their ability to
securely, and competitively. act independently, Commissioners, Directors or employees of
2. Ensure that product development and its policies align with companies that have affiliation or business with the Bank.
the established business strategy.
MEETINGS AND IMPLEMENTATION OF DUTIES OF THE PRODUCT COMMITTEE
Meeting Number of Presence
No Agenda Initiator Division Committee Results
Date Agendas (%)
1. February 19, Product Committee Fund & Services Division 2 Approved 100%
2024 #01
Consumer Credit Division 2 Approved 100%
2. December 03, Product Committee International Banking Division 3 Approved 90%
2024 #02
Treasury Division 3 Approved
Fund Services Division 1 Approved
Sharia Business Division 3 Approved
Consumer Credit Division 3 Approved
Implementation of Governance In Provision Based on the application of the Financial Services Authority
of Remuneration for Commercial Banks In Regulation POJK Number 45/POJK.03/2015 concerning the
Accordance With POJK 45/POJK.03/2015 Implementation of Governance in Providing Remuneration for
Commercial Banks, Bank Jatim implemented governance in the
Basis of Remuneration Determination provision of remuneration which considered several aspects
including bank ability and appropriateness, competitive, fair
The basis for the preparation of the determination of and based on risk could be accounted for and in accordance
remuneration, namely: with the prevailing laws and regulations. The Company might
1. Law Number 40 of 2007 dated August 16, 2007 concerning postpone the provision of deferred variable remuneration
Limited Liability Companies. (malus) or withdraw the variable remuneration that had been
2. OJK Regulation Number 17/POJK.03/2023 dated paid (clawback) to officials classified as Material Risk Taker
September 14, 2023 concerning Implementation of (MRT), with the following conditions:
Governance for Commercial Banks. 1. The Company may postpone the payment of deferred
3. OJK Regulation number 45/POJK.03/2016 dated variable Remuneration (malus) to Material Risk Taker under
December 23, 2016 concerning Implementation of certain conditions, namely:
Governance in the Provision of Remuneration for - The Bank experience bankruptcy.
Commercial Banks. Namely a condition in which the Bank’s balance
4. OJK Circular Letter Number 40/SEOJK.03/2016 sheet (Profit and Loss Statement) experiences a loss
dated September 26, 2016 concerning Implementation (negative profit).
of Governance in the Provision of Remuneration for - There was a fraud committed by Material Risk Takers
Commercial Banks. that caused losses to the Bank.
5. OJK Regulation Number: 17 of 2023 concerning It is a condition where the MRT has been proven to
Implementation of Governance for Commercial Banks. have committed fraud through a decision that has
6. Deed of Establishment of PT Bank Pembangunan Daerah permanent legal force (inkracht van gewijsde).
Jawa Timur Number 1 dated May 1, 1999. 2. Variable remuneration must be deferred at a certain
7. Bank Jatim Articles of Association. percentage determined by the Company.
472 PT Bank Pembangunan Daerah Jawa Timur Tbk
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3. The Malus implementation procedure is carried out by Reward policy for employees. The remuneration policy was
suspending or canceling the remuneration that is still the bank’s strategy in providing rewards to employees, which
suspended if certain conditions occur according to point 1 were adjusted to the Bank’s ability to accommodate changes
above. in employee demographics, managing labor costs, and in order
to encourage the achievement of Bank Jatim’s business goals.
Remuneration and Nomination Committee Bank Jatim remuneration was prepared with the aim of being
able to attract, maintain, motivate, and increase employee
The Board of Commissioners formed a Remuneration and engagement in order to continuously provide optimal
Nomination Committee which aimed to assist in carrying out performance, support the vision, mission and strategy of Bank
its functions and duties in areas related to the remuneration Jatim.
and nomination of members of the Board of Directors and the
Board of Commissioners. The remuneration and nomination Bank Jatim sets the remuneration into 2 (two), namely:
committee had duties and responsibilities, including: 1. Permanent Remuneration
1. Regarding the mandatory remuneration policy: - Remuneration policies that are permanent in nature at
a. Evaluating the remuneration policy based on least pay attention to:
performance, risk, fairness and peer group, long-term Business scale, complexity, peer group, inflation,
goals and strategies of the Bank, fulfillment of reserves f inancial conditions, capabilities, applicable laws,
as stipulated in legislation and potential future bank and regulations. The fixed remuneration consists of
earnings; an honorarium, housing allowance, Communication
b. Delivering evaluation results and recommendations Allowance, Holiday Allowance, Leave Allowance, Health
to the Board of Commissioners regarding the Facilities/Costs, and other Facilities/Allowances
remuneration policy for the Board of Directors and the determined by the Bank. This remuneration is unrelated
Board of Commissioners to be submitted to the GMS. to performance.
c. Delivering evaluation results and recommendations 2. Variable remuneration
to the Board of Commissioners regarding the overall The variable component of remuneration is linked to
remuneration policy for employees to be submitted to performance and risk, including bonuses (tantiem) and
the Board of Directors; other Facilities/Allowances determined by the Bank as
d. Ensuring that the remuneration policy is in accordance remuneration provided based on performance. Tantiem is
with applicable regulations. granted in the form of cash and shares or stock instruments
e. Conduct regular evaluations of the implementation of issued by Bank Jatim.
remuneration policies.
2. Regarding the mandatory nomination policy: Performance Measurement Associated with
a. Preparing and providing recommendations regarding Remuneration
the system and procedure for selecting and / or
replacing members of the Board of Directors and Bank Jatim applied competency-based remuneration by
members of the Board of Commissioners to the Board measuring performance related to remuneration including
of Commissioners to be submitted to the GMS; a review of remuneration policies related to performance
b. Providing recommendations regarding candidate appraisal, methods of linking individual remuneration with
members of the Board of Directors and / or candidates Bank Jatim performance. Performance appraisal used a Key
for members of the Board of Commissioners to the Performance Indicator (KPI) which consisted of an individual
Board of Commissioners to be submitted to the GMS; performance assessment and each work unit.
c. Providing recommendations regarding Independent
Parties who would become members of the audit The application of the remuneration strategy was also carried
committee to the Board of Commissioners in out by taking into account the performance of each individual
accordance with applicable regulations. employee (based on performance) and the performance of
the work unit while still paying attention to the availability
Scope of Remuneration Policy and its of the company’s budget. In general, Bank Jatim provided
Implementation remuneration to employees in the form of monthly salaries,
Overtime Allowance, Meal Allowance, Periodic Salary Increase,
In relation to the enactment of OJK Regulation No. 45/ Holiday Allowance (THR), Annual Leave Pay, Extended Leave
POJK.03/2015 concerning the Implementation of Governance Allowance, Communication Allowance, Car Allowance Program
in Providing Remuneration for Commercial Banks, Bank Jatim (CAP), Motor Allowance Program (MAP), Structural Allowance,
has established a remuneration policy for the Company’s Incentives, Performance Bonus, and Production Incentive. Bank
Board of Directors, which was approved through the Board of Jatim also provided health facilities for employees and their
Commissioners’ Decree dated January 18, 2023, and the Board families including inpatient care, outpatient care, childbirth,
of Directors’ Decree dated April 18, 2023, related to the Total
PT Bank Pembangunan Daerah Jawa Timur Tbk 473
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07 Corporate
Governance
general check-ups, replacement of glasses and outpatient Name of Extern Consultants and Duties of
assistance programs for Bank Jatim pensioners. Consultants Related to Remuneration Policy
Remuneration Adjustment Associated With In determining the remuneration policy, the Bank collaborates
Performance and Risk with Wilis Tower Watson, which is tasked with conducting
benchmarking and/or salary surveys in accordance with the
Bank Jatim provided remuneration that was variable in nature, Bank’s request regarding the remuneration policy so that it can
namely remuneration that was linked to performance and risks, always follow developments in the labor market.
including performance bonuses, production services, bonuses
and other forms of remuneration that could be equated with Remuneration Package and Facilities Received
this. Remuneration in the form of tantiem could be given in by The Board of Directors and Board of
cash and in shares issued by Bank Jatim with the provisions Commissioners
stipulated in the Decree of the Board of Commissioners dated
January 18, 2023. The remuneration package and facilities received by the
Board of Directors and the Board of Commissioners have been
The Process of Preparing a Remuneration Policy presented in the Sub-Title of Remuneration of the Board of
Commissioners and Directors of the Corporate Governance
The remuneration policy became one of the important factors in Chapter in this Annual Report.
obtaining and/or retaining competent and qualified employees,
executive officers, Directors and Board of Commissioners. Variable Remuneration
The remuneration policy became Bank Jatim’s strategy in
providing rewards that were adjusted to Bank Jatim’s ability to Bank Jatim provides variable remuneration in the form of
accommodate changes in employee demographics, managing performance bonuses, production services, tantiem and other
labor costs, and in order to encourage the achievement of forms of remuneration that can be equated with that.
Bank Jatim’s business goals. Bank Jatim remuneration was
prepared with the aim of being able to attract, retain, motivate, Number of Directors, Board of Commissioners
and increase employee engagement in order to continuously and Employees Receiving Variable
provide optimal performance, support the vision, mission Remuneration During 1 (One) Year
and strategy of Bank Jatim. Bank Jatim remuneration policy
formulation considered:
Position Amount
1. The creation of effective risk management.
- The remuneration policy had to be able to trigger an Board of Commissioners 5 Employees
increase in performance.
Board of Directors 7 Employees
2. Financial Stability;
Employee 4.671 Employees
- The remuneration policy also considered inflation and
the Bank’s financial condition.
3. Adequacy and capital of the Bank; Position and Number of Parties Who Are
- The remuneration policy could maintain the continuity Material Risk Takers
of the Bank’s business in order to be able to survive and
develop, and be able to compete in the global market
Position Amount
and in its peer groups. The Bank’s capital adequacy
included capital adequacy in order to comply with Board of Commissioners 5 Employees
regulatory capital and the Individual Capital Adequacy
Board of Directors 7 Employees
Assessment Process (ICAAP).
4. Long-term and short-term liquidity needs;
- The remuneration policy had to consider the Bank’s Shares Options Owned by Directors, Board of
ability. Commissioners, and Executive Officers
5. Potential future income;
- The remuneration policy had to be in accordance with A description of the Shares Options Owned by the Board of
the Bank’s long-term strategy. Directors, Board of Commissioners and Executive Officers is
explained in the Performance-Based Long-Term Compensation
Policy section of the Corporate Governance Chapter in this
Annual Report.
474 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Highest and Lowest Salary Ratio
Description Ratio
Main Commissioner Salary with Other Commissioners 1,11 : 1
President Director Salary with Other Directors 1,25 : 1
President Director Salary with Highest Employee Salary 2,38 : 1
Director Salary with Highest Employee Salary 1,90 : 1
Highest Employee Salary with Lowest Employee 12,29 : 1
Number of Recipients and Total Amount of Variable Remuneration Guaranteed Without Condition
Position Amount Nominal (in millions of Rupiah)
Board of Commissioners 4 employees 251.100.000,-
Board of Directors 6 employees 600.000.000,-
Number of Employees Affected By Termination of Employment and Total Nominal of Severance Pay Paid
Information Number of Employees Severance pay (in millions of Rupiah)
Dismissed 26 237.395.805,24
Deceased 7 1.696.250.978,86
Retired 90 33.666.634.657,75
Grand Total 123 35.600.281.441,85
Total Amount of Deferred Variable Remuneration
Position Amount Nominal
Board of Commissioners 5 employees 505.546.323,79
Board of Directors 6 employees 887.290.106,65
Total Amount of Deferred Variable Remuneration Paid During 1 (One) Year
Position Amount Nominal
Board of Directors 5 employees 941.116.263,63
Total Remuneration Provided in One Year
Position Amount Nominal
Board of Commissioners 5 employees 15.129.704.673,37
Board of Directors 7 employees 33.962.469.135,19
PT Bank Pembangunan Daerah Jawa Timur Tbk 475
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07 Corporate
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Quantitative Information
Total Deductions During the Reporting Period
Types of Variable Remuneration*) Remaining Pending
Caused Explicit Caused Implicit
Total
Adjustment (A) Adjustment (B)
Cash (in million rupiah) 2.804.565.461 (A)+(B) - -
Shares/share-based instruments issued by
the Bank (in shares and a nominal value of
5.875.033.409 - - -
millions of rupiah which is the conversion of
the said shares)
Total 8.679.598.870 - - -
Note: *) Only for MRT
Public Accountant Public Accounting Firm Services to Banks include:
1. Independence Statement Letter to Bank Jatim
External Audit Function 2. Inspection schedule including interim inspection schedule
3. Independent Auditor’s Report on the Financial Statements
Based on the Financial Services Authority Regulation No. 32/ for the period ended December 31, 2023 with comparative
POJK.03/2016 concerning Amendments to Financial Services figures for the period ended December 31, 2022 in the form
Regulation No. 6/POJK.03/2015 concerning Transparency of:
and Publication of Bank Reports, an audit of the Bank Jatim a. Financial Position Statement;
Financial Statements for the 2023 financial year has been b. Profit and Loss Statement and Other Comprehensive
carried out by an independent, competent, professional, and Income;
objective public accountant following the Public Accountant c. Statement of Changes in Equity;
Professional Standards, as well as work agreements and scope d. Cash Flow Statement;
established audits. e. Publication Statement;
f. Notes to the Financial Statements, including
For the audit process to follow the Professional Standards for information on commitments and contingencies;
Accountants and work agreements and the audit scope that has g. Other reports in accordance with:
been determined and completed according to a predetermined • Decision of the Chairman of the Capital Market
time target, meetings are routinely held to discuss several and Financial Institution Supervisory Agency
significant essential issues. Bank Jatim is always trying to No: KEP-347/BL/2012 Regulation VIII.G.7
improve communication between Public Accountants, the Audit regarding the Presentation and Disclosure
Committee, and the management of Bank Jatim to minimize of Financial Statements by Issuers or Public
problems during the audit process. Companies.
• Decision of the Board of Directors of PT Jakarta
The appointment of a Public Accounting Firm and audit fees Stock Exchange No: Kep-306/BEJ/07-2004
follow OJK Regulation No.13/POJK.03/2017 and OJK Circular regarding Regulation No. I-E on the Obligation
Letter No. 36/ SEOJK.03/2017 and the resolutions of the to Submit Information. This information must be
Annual GMS. Public Accounting Firm and Public Accountant presented in two versions, namely in both Bahasa
(partner in charge) registered with the Financial Services Indonesia and English (Bilingual), consisting of one
Authority. (1) original and fifty (50) hard copies, including the
soft copy.
Public Accountant Appointment 4. Management Letter (ML) Report in Indonesian, 10 (ten)
copies including softcopy.
The audit of Bank Jatim’s financial statements ending 5. Independent Auditor’s Report on compliance with laws
December 31, 2023 was carried out based on the Cooperation and regulations and internal control in accordance with
Agreement Number First Party 062/137/DIR/AMK/PKS and Auditing Standards Statement (PSA) No. 62 in Indonesian,
Number Second Party E095.XI/ADH/2023 Dated November 10 (ten) copies including softcopy.
22, 2023 to PUBLIC ACCOUNTING FIRM (KAP) PAUL 6. The results of the examination in the form of documents
HADIWINATA, HIDAJAT, ARSONO, RETNO, PALILINGAN & mentioned in the scope of Public Accountant Services for
REKAN with an audit fee of IDR 1,175,000,000 (One Billion One the Audit of the Financial Report of PT Bank Pembangunan
Hundred Seventy Five Million Rupiah) including VAT. Daerah Jawa Timur, Tbk which ends on December 31, 2023,
476 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
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including the Sharia Business Unit along with working papers including other documents related to the examination become the
rights of PT Bank Pembangunan Daerah Lawa Timur, Tbk.
7. PUBLIC ACCOUNTING FIRM (KAP) PAUL HADIWINATA, HIDAJAT, ARSONO, RETNO, PALILINGAN & REKAN has communicated
with the Financial Services Authority (OJK) to discuss the scope of the audit of Bank Jatim’s Financial Report ending on December
31, 2023.
Public Accounting Firms, Accountant Names and Audit Service Fees
Table of Public Accounting Firms, Accountant Names and Audit Service Fees.
Audit Service
Name of Accountant
Year Public Accounting Firm PAF period AP Period Fee (Million
(Partner in Charge)
Rupiah)
Paul Hadiwinata, Hidajat, Arsono, Retno,
2024 3rd Period Ary Daniel H 3rd Period 1.875
Palilingan & Partner
Paul Hadiwinata, Hidajat, Arsono, Retno,
2023 2nd period Ary Daniel H 2nd period 1.175
Palilingan & Partner
Paul Hadiwinata, Hidajat, Arsono, Retno,
2022 1st period Ary Daniel H 1st period 1.121
Palilingan & Partner
2021 Kanaka Puradiredja, Suhartono 1st period Florus Daeli 1st period 1.300
Amir Abadi Jusuf, Aryanto, Mawar & Partner
2020 1st period Bimo Iman Santoso 1st period 1.485
(RSM Indonesia)
Other Services Provided by Accountants Implementing a reliable and effective internal control system
for the Bank is the responsibility of all risk-taker units, support
During 2024, there were no other services provided by units, and the Internal Audit Division. The internal control
accountants. system for risk refers to the overall internal control system,
which includes:
Internal Control System 1. The Bank implements an effective internal control system
in implementing Risk Management regarding established
In order to create and improve the quality of risk management policies and procedures. Applying the principle of
implementation that supported the effectiveness of a riskbased segregation of functions (four eyes) is sufficient, and the
Bank supervision framework, Bank Jatim was required to have principle is implemented consistently.
an Internal Control System (SPI) that was reliable and effective 2. Comprehensive internal control system in the
in managing its risk which was determined by the Bank’s implementation of Risk Management
management on an ongoing basis, in order to: 3. Implementation of a review of the implementation of Risk
1. Safeguard and secure the assets of the Bank. Management
2. Ensure the availability of more accurate reports. 4. The results of the review assessment by the Company’s
3. Increase compliance with applicable regulations. Risk Management Division are submitted to the Board of
4. Reduce the financial impact or the impact of losses, Commissioners, Internal Audit Division, Compliance and
irregularities including fraud and violations of prudential Risk Management Director, Audit Committee, and other
aspects. relevant Directors as input in order to improve the Risk
5. Increase organizational effectiveness and increase cost Management framework.
efficiency. 5. Improvements to the findings of internal and external audits
monitored by the Internal Audit Division. The Internal Audit
The Internal Control System (SPI) is a monitoring mechanism Division informs audit findings that have yet to be followed
established by the management of Bank Jatim on an up to the Board of Directors to take the necessary steps.
ongoing basis. An effective SPI is an essential component 6. The level of responsiveness to weaknesses and/or
in management and forms the basis for sound and safe Bank deviations that occur against the applicable internal and
operational activities. Implementing an effective internal external regulations.
control system can assist Bank management in safeguarding
Bank assets, increasing Bank compliance with applicable
laws and regulations, and reducing the occurrence of losses,
deviations, and violations of prudential aspects.
PT Bank Pembangunan Daerah Jawa Timur Tbk 477
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07 Corporate
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Purpose monitor and control risks. Risk Assessment was carried out on
all types of risks inherent in the Bank’s processes / activities.
1. Compliance with statutory provisions and regulations or
compliance objectives. Bank-wide risk assessment was carried out by the risk
2. The objective of compliance was to ensure that all of the management unit (SKMR) on a quarterly basis as outlined in
Bank’s business activities were carried out in accordance the Bank’s risk profile report. The assessment covered all
with the laws and regulations, both those issued by the risks faced by the Bank which included credit risk, market
government, FSA, Bank Indonesia as well as internal risk, liquidity risk, operational risk, legal risk, reputation risk,
policies, regulations and procedures stipulated by the strategic risk and compliance risk.
Bank.
3. The availability of financial and management information Control Activities - Financial and Operational
that was complete, accurate, appropriate, and timely or Control
information purposes.
4. The purpose of information was intended to ensure the Controls were classified as policies and procedures related
availability of complete, accurate, efficient, and timely to performance reviews, information processing, physical
reports required in order to make appropriate and controls, and segregation of duties.
accountable decisions.
5. Effectiveness and efficiency in the Bank’s business Reviewing the performance of Branches and Supporting
activities or operational objectives. Branches compared to predetermined targets is routinely
6. Operational objectives were intended to increase the carried out every 4 (four) months by the Board of Directors,
effectiveness and efficiency of the use of assets and other which was carried out on August 3, 2023 and August 4, 2023
resources in order to protect the Bank from the risk of loss. (Review Cawu II 2023). This will encourage control activities at
7. Increasing the effectiveness of the risk culture in the Bank’s Branches and Sub-Branch Offices, especially regarding control
organization as a whole or the objectives of the risk culture. of performance targets for Third Party Funds, Loans, Liquidity
8. The objective of risk culture was intended to identify Ratios, Earning Assets Quality, Earnings, Effectiveness, and
weaknesses and assess deviations early as well as to Efficiency. However, in the event of a decline or failure to
continuously assess the reasonableness of existing policies achieve operational performance, the Board of Directors
and procedures in the Bank. coordinates the areas that cause the decline in performance
by making action plans for future improvements and intensive
Environment of Control monitoring.
The control environment provided direction for the organization The Internal Audit Division also conducts an examination of the
and affected the controlling awareness of the people within the organizational structure at Branch Offices, Sub-Branch Offices,
organization. Factors that influenced the control environment and Cash Offices based on sampling, which includes vacancies,
were integrity and ethical values, commitment to competence, segregation of duties, concurrent positions, and competence of
the Board of Directors and the Audit Committee, management officers in carrying out operational activities during the General
style and operating style, organizational structure, granting of Audit.
authority and responsibility, HR practices and policies.
Information System Control through TSI examination with
The adequacy of the Bank’s internal control was assessed the scope of Information Technology (IT) Audit covering
based on the controls inherent in activities in accordance with Management & Governance; Development & Operations
the policies, systems and procedures implemented including Process and Security Management. In addition, as an obligation
activity control, physical control, compliance and limit to comply with regulatory authorities, thematic examinations
provisions, reconciliation procedures, separation of functions of the Indonesian National Standard ISO 27001:2013
and other elements of control. for Information Security Management System and ISO
20000:2018 for Core Banking System Service Management
Risk Assessment System, JConnet Internet Banking, JConnet Mobile Banking,
and JConnet SMS Banking of Bank Jatim are conducted. The
Measurement of Risk was the identification of entities and examination scope includes an assessment (gap analysis) of the
analysis of relevant risks to achieve their goals forming a Bank’s internal policies and procedures against the Indonesian
basis for discovering how risks should be managed. Bank Risk National Standard ISO.
Assessment became a series of activities to identify, measure,
478 PT Bank Pembangunan Daerah Jawa Timur Tbk
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2024
Documentation Control, ensured that: risk to minimize the occurrence of compliance risk by using
a. Documentation of policies, procedures, systems, an application that will be built through a web portal, as well
accounting standards, and adequate audit trail processes as developing a compliance portal so that it can function
that are easily accessible to all Bank Jatim employees effectively to support the performance of all work units. , as
through the Compliance Portal. well as integrating external requirements summary working
b. Easy access to documentation if needed for examination papers on the compliance portal.
purposes.
c. Adequate document accuracy and availability. Information and Communication
Separation of Functions Information and Communication became the identification,
The separation of functions was intended so that everyone in capture and exchange of information in a form and time that
his position did not have the opportunity to commit and hide enables people to carry out their responsibilities. Strengthen
mistakes or deviations in the implementation of his duties. the effective communication channels with systems enabled the
Branch organizational structure, the functions of credit analysis information and communication distribution immediately and
and business administration and legal officers have been accurately to reinforce the understanding and implementation
separated. The subordinate credit analysts report to the credit of internal control objectives, processes, and responsibilities
supervisor, while the business administration and legal officers involving the Board of Commissioners, Management, related
report to the Business Administration & Legal Supervisor. Divisions to employees, as designed to provide adequate
assurance about achievement the purpose of the Bank.
Physical Asset Control
Examination ensured the implementation of physical In carrying out its functions, internal audit as a strategic
safeguards for Branch assets including physical numbers, partner for the Bank in achieving its activity objectives
records and regular checks between physical and records, safe always provided Assurance and Consultations that provided
placement of assets and arrangements for authorized officers added value to improve the Bank’s performance, internal
including credit collateral documents, for example cash checks, audit had to be independent, objective, professional and had
inventories, physical checks of credit collateral, marketable adequate compensation and had the authority to gain access
papers and fixed assets. to information complete in carrying out its duties, because this
would provide assurance to the Bank regarding the quality and
Compliance With Other Laws and Regulations effectiveness of internal control, risk management as well as
governance processes and systems to protect the assets of the
Control of compliance with laws and regulations is generally bank, the organization and the reputation of the Bank.
carried out by the Compliance Unit. The Compliance Work
Unit must be independent and only responsible directly to Monitoring Activities
the Director in Charge of the Compliance Function. The duties
and responsibilities of the Compliance Unit include, among Monitoring activity was a process that determined the quality
others, identifying, measuring, monitoring, and controlling of internal control performance over time. Monitoring included
Compliance Risk with reference to OJK regulations governing determining the design and operation of controls in a timely
the implementation of risk management for commercial manner and taking corrective action. To ensure the quality of
banks and OJK regulations governing the implementation internal control system sustainable and periodic has carried
of risk management for Islamic commercial banks and sharia out and the necessary improvements in the making aligned
business unit. In addition, the Compliance Unit also assesses with existing conditions, particularly by continuous monitoring
and evaluates the effectiveness, adequacy, and conformity of (ongoing monitoring). Passive/off-site inspection mechanisms
the Bank’s policies, provisions, systems and procedures with or separate evaluation is centrally conducted by the Internal
statutory provisions. Audit Division Head Office with the observations, research, and
analysis of bank functional activities and branch performance
In improving the effectiveness of controlling compliance with aims to obtain information in the shortest possible time and
laws and regulations, the Compliance Unit has carried out its identifying Branch problems so it can take corrective action to
duties, among others, to improve the culture of compliance the responsible parties.
in work units both offline and online, and to continuously
improve employee understanding on the applicable rules and
regulations, identify, measure, monitor, and control compliance
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Compliance with The Committee of Sponsoring Evaluation of Implementation of Internal Control
Organizations of Tradeway Commission Internal System
Control Framework (COSO)
The implementation of a reliable and effective internal control
1. Control environment. Control environment factors included system became the responsibility of all parties involved in the
ethical values and competence of people and entities, Bank organization, among others, as follows:
management philosophy and operating styles that prioritize 1. Board of Directors
integrity and corporate values which are implemented The Board of Directors of the Bank was responsible for
in management control as a reference as a standard of creating and maintaining an effective internal control
corporate behavior. The Board of Commissioners also system as well as ensuring that the system run safely
monitors the evaluation of the implementation of internal and reliably in accordance with the internal control
control made by internal auditors and external auditors objectives set by the Bank. Meanwhile, the Director in
with the aim of ensuring that there are improvements to charge of compliance and risk management functions
bank problems that can reduce the effectiveness of internal had to play an active role in preventing irregularities by
control. Management also strives to place individuals with establishing policies related to the principle of prudence
integrity, competence and effectiveness in their work (right and disseminating information to all employees.
man in the right place). 2. Board of Commissioners
2. Measuring risk (risk assessment). Management identified, The Board of Commissioners of the Bank was responsible
analyzed, and measured risks to ensure adequacy that the for supervising the implementation of internal control
risks in a company were managed in accordance with the in general, including the Board of Directors’ policies that
risk appetite relevant to the business and operations of stipulate such internal control.
the bank in order to achieve the specified business plan, 3. Internal Audit Work Unit
by establishing risk identification and risk management The Internal Audit Unit had to be able to evaluate and play
criteria to produce reliable financial reports. an active role in improving the effectiveness of the Internal
3. Control activities. Actions taken by management in the Control System on an ongoing basis with regard to the
context of internal control relating to the implementation implementation of Bank operations that had the potential
of bank operations, especially the implementation of to cause losses in achieving the targets set by bank
risk management, implementation of Good Corporate management. In addition, Banks needed to pay attention
Governance in achieving the targets set by management, to the implementation of an independent internal audit
were sufficient, effective and safe. Mainly by taking steps, through adequate reporting channels, and the expertise
including evaluating or updating policies and procedures, of the internal auditors in particular on the practice and
as well as evaluating the security of all business functions application of risk assessment.
and applications and networks included in Business 4. All Bank Officers and Employees
Continuity Management. Every bank officer and employee had to understand and
4. Information and communication. Strengthening effective implement the internal control system established by
lines of communication with a system that allowed the bank management. Effective internal control increased the
distribution of information and communication quickly responsibilities of bank officers and employees, promote
and accurately to support the understanding and an adequate risk culture and compliance culture, and
implementation of internal control objectives, processes accelerate the identification process of unhealthy banking
and responsibilities involving the Board of Commissioners, practices and to the organization through an efficient early
Management, related divisions and employees, which detection system.
were designed to provide adequate assurance about the 5. External parties
achievement of company objectives. External parties of the bank included the Financial Services
5. Monitoring. In order to ensure the quality of internal Authority, Bank Indonesia, external auditors, and bank
control in a sustainable and periodic manner and that customers with an interest in the implementation of a
the necessary improvements had been made according reliable and effective SPI of a bank.
to existing conditions, it was necessary to carry out
continuous monitoring (on going monitoring). Monitoring in Results of the Internal Control System Evaluation conducted by
the first line of defense is in the form of an Internal Control the Board of Directors through a review, namely the Board of
System attached to each risk taking unit, while monitoring Directors periodically (every quarter) reviews the operational
carried out on the second line of defense in the first line of performance report of the Head of Work Unit (Branch Head)
defense had to be carried out proactively and continuously through this review, evaluates findings such as the problem
in each risk taking unit. of weakness in the Internal Control System, Financial Report
480 PT Bank Pembangunan Daerah Jawa Timur Tbk
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2024
Errors or other irregularities (fraud). The evaluation results Risk Management Framework
show that the implementation of Bank Jatim’s internal control
system during 2024 has been effective and adequate The implementation of Risk Management at Bank Jatim is
conducted in line with the Enterprise Risk Management (ERM)
Statement of the Board of Directors and/or the framework. This framework provides the basis for a proactive
Board of Commissioners on the Adequacy of the and forward-looking risk management process to ensure the
Internal Control System achievement of a healthy and sustainable business growth
while comprehensively managing capital. Within the ERM
The Board of Commissioners and the Board of Directors provide framework, risks are managed in an integrated manner through
direction on the results of the audit report on the Adequacy aligning risk appetite with business strategies.
of the Internal Control System that has been carried out by
the Internal Audit Division by holding regular coordination The primary objective of implementing ERM is to enable the
meetings regarding issues that are obstacles in the Bank’s Bank to achieve its business targets and plans while adhering
operations and achievement of bank performance including to the principle of prudence, maintaining good financial
discussions regarding the findings of Internal Audit within a performance, and ensuring compliance with applicable
certain period. Board of Commissioners and Directors assess regulations. This is realized through the establishment of a
that the internal control system is effective and adequate. strong risk culture that serves as the foundation for control
mechanisms within the ERM framework. Additionally, the Bank
prepares risk mitigation measures to align risk exposure with
Risk Management the predetermined risk appetite.
Risk Management is a controlling risk activity through the The ERM framework refers to and aligns with the scope of risk
process of identifying, measuring, evaluating and monitoring management set by the Financial Services Authority, which
to a portfolio in estimating potential losses that might occur. includes, among other things:
Thus, the application of risk management was expected that 1. Active oversight by the Board of Commissioners and
the risks that had the potential to occur could be mitigated and Directors.
minimized. 2. Adequacy of policies, procedures, and limit determinations.
3. Adequacy of processes for risk identification, measurement,
monitoring, and control, as well as risk management
information systems.
4. Comprehensive internal control systems.
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In simple terms, ERM encompasses a “top-down strategic” and “bottom-up tactical” risk management approach that complement
each other. The main components within the ERM framework are depicted in the following diagram:
STRATEGY AND BUSINESS OBJECTIVES OF BANK JATIM
RISK APPETITE
Information Technology
Risk Management Process
Risk Culture
Risk Risk
Risk Monitoring Risk Control
Identification Measurement
Risk Management Infrastructure
Management Information
Human Resources Policies & Procedures
System
1. Risk Culture 6. Risk Management Process
The Bank integrates risk management as an inseparable The objective of a good risk management process is to
part of its corporate culture and decision-making manage inherent risks in the Bank’s activities with the goal
processes. The Bank’s risk management philosophy is of providing sustainable added value to the entire Bank’s
embedded in the Three Lines of Defense approach, where operations. The risk management process is conducted as
risks are managed during risk-taking activities. There is a part of daily activities with the aim of ensuring that risks
clear division of responsibilities for risk ownership among are considered, evaluated, and responded to in a timely and
different departments in the Bank. appropriate manner.
2. Information Technology a. Identification and Risk Assessment
The implementation of information technology in risk To establish effective risk management, risks need
management during the digitization era plays a crucial role to be clearly defined, proactively identified, and
in supporting the organization in the effective identification, continuously assessed based on a forward-looking
measurement, monitoring, and control of risks. approach. Accurate identification and assessment
3. Human Resources of risks focus on awareness and understanding of all
Having personnel with appropriate skills and expertise major inherent risks in business activities or key risks
is key to ensuring that the ERM framework functions that may arise from external factors or uncertainties.
effectively. The Bank conducts risk identification through the self
4. Management Information System assessment of the Risk Profile at the PRC branch as
An adequate Management Information System supports a Risk Control Self-Assessment tool. This structured
risk management activities. To enhance the effectiveness approach allows the First Line of Defense to identify
of risk measurement processes, the Bank must have and assess key risks and controls, enabling them to plan
an information system that provides accurate and appropriate corrective actions to minimize existing risk
timely reports and data to support decision-making by exposure.
management and generate reports for risk monitoring. b. Risk Measurement
5. Policies and Procedures Risk measurement aims to gauge the Bank’s risk profile
Ensuring the adequacy of policies and procedures serves to obtain an effective overview of the implementation
as the foundation for a consistent viewpoint across all of risk management by understanding the magnitude
organizational units in the daily risk-taking activities. of risk in a product, portfolio, and activity, as well as its
impact on the Bank’s profitability and capital.
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c. Monitoring and Reporting purpose of the Risk Appetite framework is to ensure that
Risk monitoring aims to continuously evaluate risk the boundaries of acceptable risk-taking activities align
exposure and refine reporting processes when there with the Bnk’s business strategy and operational plans. It
are changes in the Bank’s business activities, products, should be clear and detailed enough to serve as a guide
transactions, risk factors, information technology, and risk for senior management and frontline employees across all
management information systems that are material. These business units in their daily decision-making. The process
risks are monitored and reported periodically to ensure of establishing Risk Appetite is conducted periodically,
they remain within the Bank’s risk appetite limits. typically on an annual basis.
d. Risk Management and Control 8. Business Strategy and Objectives
Risk management and mitigation are integral parts of the For effective risk management implementation, the Bank’s
bank’s business, aiming to reduce risks to a manageable management must develop an organizational structure
level and within the limits of risk appetite. that aligns with business goals, size, complexity, and
7. Risk Appetite inherent risks. In managing risk management, a robust
Risk Appetite is the level of risk that the Bank’s management corporate governance structure is essential to enhance the
is willing to take and accept in order to achieve strategic and four eyes principle and transparency throughout the risk
business objectives. Risk Appetite is dynamic and changes management processes. This ensures the effectiveness
in accordance with shifts in the Bank’s business priorities, and consistency of the ERM Framework implementation.
risk management capabilities, and external conditions. The
Risk Management System
Based on the OJK Regulation Number 18/ POJK.03/2016 dated March 16, 2016, concerning Application of Risk Management
for Commercial Banks and OJK Circular Letter Number 34/SEOJK.03/2016 dated September 1, 2016, concerning Application of
Risk Management for Commercial Banks. Bank Jatim Risk Governance Structure was developed based on the Four Pillars of Risk
Management Implementation, namely:
1 2 Adequacy of Risk
Active Supervision of the
Management Policies and
Board of Directors and Board
Procedures and Determination
of Commissioners
of Risk Limits
4 Pillars
of Risk
Management Adequacy of Risk
Identification, Measurement,
Comprehensive Internal Monitoring, and Control
Control System Processes, as well as Risk
Management Information
4 3 Systems
Active Supervision of The Board of Commissioners and Directors
Implementing good corporate governance, the Board of Commissioners and the Board of Directors always carry out active supervisory
functions over all operational and strategic activities of the Bank. This supervision is carried out to ensure compliance with applicable
regulations and to optimize the Bank’s performance in facing the challenges of the dynamic financial industry. For this reason, the
Board of Commissioners and the Board of Directors must understand the Risks faced by the Bank and provide clear direction, carry
out active supervision and mitigation and develop a Risk Management culture within the Bank’s organization.
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In order to support the implementation of Risk Management effectively, the Board of Directors is actively involved in the Risk
Management Committee and the formation of Committees within the Board of Commissioners structure such as the Risk Monitoring
Committee and the Audit Committee. The duties, responsibilities and authorities of the Board of Commissioners and the Board of
Directors are as follows:
Active Surveillance Duties, Responsibilities and Authorities
board of 1. Ensuring that the implementation of Risk Management was adequate in accordance with the characteristics,
Commissioners complexity and risk profile of the Bank.
2. Having a good understanding of the types and levels of risk inherent in the Bank’s business activities.
3. Approving the Risk Management policy including the Risk Management strategy and framework that was determined
in accordance with the Bank’s risk appetite and risk tolerance.
4. Evaluating Risk Management policies and Risk Management Strategies at least 1 (once) a year or more frequently
when things occured that could significantly affect the Bank’s business activities.
5. Evaluating the accountability of the Board of Directors and provide direction for improvement on the implementation
of Risk Management policies on a regular basis to ensure that the Board of Directors manages the Bank’s activities
and risks effectively.
Active Surveillance Duties, Responsibilities and Authorities
Board of Directorsv 1. Ensuring that the implementation of Risk Management was adequate in accordance with the characteristics,
complexity and risk profile of the Bank.
2. Having a good understanding of the types and levels of risk inherent in the Bank’s business activities.
3. Prepare and establish written and comprehensive Risk Management policies, strategies and frameworks including
the determination of overall risk limits and per type of risk, taking into account risk appetite and risk tolerance in
accordance with the Bank’s conditions and taking into account the impact of risk on capital adequacy.
4. Formulating, determining, and periodically updating procedures and tools to identify, measure, monitor and
control risks.
5. Evaluating and/or updating policies, strategies, and Risk Management framework at least 1 (once) a year, or when
there were significant changes in factors affecting the Bank’s business activities, risk exposure, and/or risk profile.
6. Establishing an organizational structure including clear authorities and responsibilities at each level of position
related to the implementation of Risk Management.
7. Being responsible for implementing policies, strategies and Risk Management framework approved by the Board
of Commissioners and evaluating and providing direction based on reports submitted by the Company’s Risk
Management Division including reports on risk profiles.
8. Ensuring that all material risks and impacts arising from these risks had been followed up and submit an accountability
report to the Board of Commissioners periodically containing progress reports and material risk issues accompanied
by corrective steps that had been, were being, and would be carried out.
9. Ensuring the implementation of follow-up corrections for problems or irregularities in the Bank’s business activities
discovered by the Internal Audit Division.
10. Developing a Risk Management culture including risk awareness at all levels of the organization, including adequate
communication to all levels of the organization regarding the importance of effective internal control as evidenced in:
a. Minutes document attached with attendance list of meeting participants, if communicated through the meeting
forum;
b. Paper documents/handouts or other materials if communicated through education and training forums,
accompanied by a list of attendees.
11. Ensuring adequate financial support and infrastructure to manage and control risks.
12. Ensuring that the Risk Management function had been implemented independently by means of a separation of
functions (four eyes principle) between the Company’s Risk Management Division which identified, measured,
monitored and controlled risks with the Internal Audit Division and the risk taker unit.
13. Conduct periodic reviews to ensure the accuracy of risk assessment methodology, the adequacy of the implementation
of risk management information systems and the appropriateness of Risk Management policies and procedures as
well as the determination of risk limits.
Carrying out the function of implementing effective Risk Adequacy of Policies and Procedures and Risk Limit
Management, the Board of Directors is assisted by the Risk Determination
Management Work Unit (SKMR) in carrying out the functions
of risk identification, risk measurement, risk mitigation and risk Bank Jatim has a Risk Management Policy that is used as
control. the main guideline in implementing risk management and
must be in line with the Bank’s vision and mission. For more
specific business areas, Bank Jatim has more specific policies
and procedures, for example in the fields of credit, treasury,
and operations. These policies and procedures include, among
others, the determination of limits for each activity, both at the
portfolio and transactional levels.
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All Policies and Procedures at Bank Jatim are evaluated and that the risks from new products and activities had gone
updated at least once a year. In accordance with SEOJK 34/ through a proper Risk Management process before being
SEOJK.03/2016 concerning the Implementation of Risk introduced or implemented.
Management for Commercial Banks, in order to support 2. Risk Measurement
effective risk control, the policies and procedures owned by a. The risk measurement system was used to measure
the Bank must be based on a Risk Management strategy by the Bank’s risk exposure as a reference for exercising
considering the level of risk to be taken (risk appetite). control. Risk measurement was carried out regularly
for both products and portfolios as well as for all Bank
Risk Appetite is the type and level of risk that can be taken or business activities.
faced by the Bank, which is within the risk capacity owned in b. The risk measurement system can measure:
order to achieve the bank’s business goals. Bank Jatim’s risk - The sensitivity of the product / activity to changes
appetite is articulated in the form of a Risk Appetite Statement in the factors that influence it, both under normal
(RAS) which is a formal guideline in the risk-taking process and abnormal conditions.
to achieve business targets. RAS is important because it will - The trend of changes in these factors is based on
provide clear and consistent direction to all levels of Bank past fluctuations and their correlation.
Jatim regarding the Bank’s risk-taking capabilities. - Individual risk factors.
- Overall risk exposure as well as per Risk, taking into
Adequacy of Risk Identification, Measurement, account the relationship between Risks.
Monitoring and Control Processes and Risk - All risks inherent in all transactions and Bank
Management Systems products, including new products and activities,
and can be integrated into the Bank’s management
Bank Jatim run the Identification, Measurement, Monitoring information system.
and Risk Control Process, as well as a Risk Management c. The risk measurement method was carried out
System through an Enterprise Risk Management (ERM) quantitatively and/or qualitatively according to the
framework. Risk control policy guidelines provided an adequate characteristics and complexity of business activities.
reference for the identification and measurement process The measurement methods were in the form of methods
of risk. In measuring the risk profile of each Bank activity, at stipulated by the Financial Services Authority in the
the initial stage the Bank identified risks by recognizing and framework of risk assessment and capital calculation
understanding all inherent risks. After the risk identification as well as methods that were developed by the Bank
was carried out, the measurement and risk monitoring was then itself.
carried out. This risk measurement was intended so that the d. The Risk measurement system was evaluated and
Bank was able to calculate the risk exposure inherent in each refined periodically or from time to time as necessary
activity so that the impact on the Bank’s performance could be to ensure the suitability of assumptions, accuracy,
estimated. fairness and data integrity, as well as the procedures
used to measure Risk.
Periodically evaluating risk exposures, especially those that e. Stress tests were carried out to complement the
were material in nature and or that had an impact on the risk measurement system by estimating the Bank’s
Bank’s performance. The results of monitoring, which included potential losses in abnormal market conditions using
evaluation of risk exposures, were reported in a timely, accurate certain scenarios in order to see the sensitivity of the
and informative manner which would be used to make decisions, Bank’s performance to changes in risk factors and to
including the necessary follow-up actions to monitor risks. identify influences that had a significant impact on the
1. Risk Identification Bank’s portfolio.
Proactive risk identification covered all business activities f. The Bank performed stress testing periodically
of the Bank and was carried out in order to analyze the and reviews the stress testing results and takes
sources and likelihood of risks and their impacts. Risk appropriate steps if the predicted conditions that
identification was carried out periodically by using a would occur exceed an acceptable tolerance level. The
method or system to identify risks in all products and results were used as input when setting or changing
business activities of the Bank. policies and limits.
The risk identification process was carried out by analyzing 3. Risk Monitoring
all risk sources that were at least carried out on the risks a. The Bank had a monitoring system and procedure
from the Bank’s products and activities and ensuring which included monitoring the amount of risk
exposure, risk tolerance, internal limit compliance, and
the results of stress testing as well as the consistency
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of implementation with established policies and h. If the Bank decides to outsource Employees in
procedures. software development and system improvement,
b. Monitoring was carried out both by the risk taker unit the Bank ensures that the decision to appoint a third
and by the Company’s Risk Management Division. party is carried out objectively and independently.
c. Monitoring results were presented in periodic reports The outsourcing agreement/contract includes
submitted to Management in the context of risk clauses regarding maintenance and updating as well
mitigation and the necessary actions. as anticipatory steps to prevent disruptions that may
d. The Bank prepared an effective back-up system occur in its operations.
and procedures to prevent disruptions in the risk i. Prior to implementing the new management information
monitoring process, and conducts regular checks and system, the Bank conducts tests to ensure that the
reassessments of the back-up system. processes and resulting outputs have gone through
4. Risk Control an effective and accurate development, testing, and
a. The Bank had an adequate risk control system by reassessment process, and the Bank ensures that
referring to the established policies and procedures. the system can access historical accounting and
b. The risk control process implemented by the Bank was management data/ the new software is acceptable.
adjusted to the risk exposure as well as the level of risk j. The Bank administers and updates system
to be taken and risk tolerance. Risk control was carried documentation, which includes hardware, software,
out by the Bank, among others by means of hedging database (database), parameters, process stages,
mechanisms, and other risk mitigation methods such assumptions used, data sources, and resulting outputs
as issuing guarantees, asset securitization and credit to facilitate inherent control and implementation of
derivatives, as well as increasing Bank capital to absorb audit trails.
potential losses.
5. Risk Management System Internal Controling System
a. The Risk Management System is part of the
management information system owned and developed The Internal Control System (SPI) became a supervisory
by the needs of the Bank to implement effective risk mechanism established by the management of Bank Jatim on
management. an ongoing basis. Effective SPI was an important component in
b. As part of the risk management process, a risk management and forms the basis for sound and safe operational
management system is used to support the activities of the Bank. The effective implementation of the
implementation of risk identification, measurement, internal control system could assist the Bank’s management
monitoring, and control processes. in safeguarding the Bank’s assets, improving the Bank’s
c. The Risk Management System and the resulting compliance with the prevailing laws and regulations, and
information are adapted to the characteristics and reducing the occurrence of losses, deviations and violations of
complexity of the Bank’s business activities and are prudential aspects.
adaptive to changes.
d. The adequacy of the scope of information generated The implementation of a reliable and effective internal control
from the risk management system is reviewed system of the Bank was the responsibility of all risk taker units,
periodically to ensure that the coverage is adequate support units, and the Internal Audit Division. The internal
by developments in the level of complexity of business control system for risk refers to the overall internal control
activities. system which included:
e. As part of the risk management system, risk 1. The Bank implemented the internal control system
profile reports are prepared periodically by the risk effectively in the application of Risk Management by
management division, independent of the work units referring to the established policies and procedures. The
conducting business activities. The frequency of application of the four eyes principle had been adequate
submitting reports to the relevant Directors and the and consistently implemented.
Risk Management Committee is increased as needed, 2. Comprehensive internal control system in the application
significantly when market conditions change rapidly. of Risk Management
f. The Risk Management System supports reporting to 3. Implementation of a review of the implementation of Risk
the Financial Services Authority. Management.
g. In developing new information system technology and 4. The results of the review assessment by the Company’s
software, the Bank ensures that implementing the new Risk Management Division were submitted to the Board
information system and technology will maintain the of Commissioners, Internal Audit Division, Compliance
continuity of the Bank’s information system.
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and Risk Management Director, Audit Committee, and Market Risk
other relevant Directors as input in improving the Risk
Management framework. Market risk is the risk on balance sheet positions and
5. Improvements to the results of internal and external audit f administrative accounts, including derivative transactions,
indings monitored by the Internal Audit Division. The audit f due to overall changes in market conditions, including the risk
indings that have not been followed up are informed by the of changes in option prices. Market risk management aims to
Internal Audit Division to the Board of Directors to take the minimize the possibility of negative impact due to changes in
necessary steps. market conditions on the Bank’s capital assets. The market risk
6. The level of responsiveness to weaknesses and / or management efforts that have been carried out by Bank Jatim
deviations that occured against applicable internal and are as follows :
external regulations. 1. The Bank has implemented the principle of segregation of
duties, namely separating functions and responsibilities
Risk Profile and Management independently for treasury transactions consisting of front
office, middle office and back office units.
The risks inherent in Bank Jatim’s business according to the 2. The Bank has an ALCO Committee as an organizational tool
provisions of the Financial Services Authority are 8 (eight) in supporting effective market risk management
risks which include Credit Risk, Market Risk, Liquidity Risk, 3. Determining risk appetite, risk tolerance and risk limit for
Operational Risk, Legal Risk, Strategic Risk, Compliance Risk market risk parameters
and Reputation Risk. Explanation of each of these risks is as 4. Having procedures and identification of banking book
follows. interest rate risks supported by an adequate information
system and daily reporting on exchange rate movements,
Credit Risk interest rates and other market information including
over limits
Credit Risk is defined as the risk that occurs due to the failure 5. Having daily limit monitoring procedures as a
of another party to fulfill its obligations including credit risk due standardization of monitoring of treasury dealing room
to debtor failure, credit concentration risk, counterparty credit activities including follow-up actions to be taken by the risk
risk, and settlement risk. The credit risk management efforts taking unit if there is an excess
that have been carried out by Bank Jatim are as follows: 6. Calculating market risk using a standardized approach
1. The Bank has a Credit Committee and a Credit/Financing
Policy Committee as organizational tools to support Liquidity Risk
effective credit risk management
2. The Bank periodically conducts a comprehensive analysis Liquidity risk results from the Bank’s inability to meet its
of the root cause of the decline in debtor collectibility maturing obligations from cash flow funding sources and/
which has an impact on the increase in Non Performing or high-quality liquid assets that can be pledged as collateral
Loans (NPL) without disrupting the Bank’s activities and financial condition.
3. Prepare reports on the development of credit risk exposure The efforts to manage liquidity risk that have been carried out
in order to mitigate risk and as an improvement effort and by Bank Jatim are as follows:
report periodically to the Board of Directors through the 1. The Bank analyzes all sources of liquidity risk such as
Risk Management Committee forum banking products and activities that affect the source of
4. Determine credit risk management policies, including funds in a comprehensive manner and funding adequacy.
managing credit decision limits, determining acceptable 2. The Bank has an ALCO Committee as an organizational tool
risk exposure limits, and credit portfolio guidelines in to support effective liquidity risk management
order to implement Bank Jatim’s aggressive, selective and 3. Determine risk appetite, risk tolerance and risk limit for
quality expansion. liquidity risk parameters
5. Development of risk management tools in order to improve 4. The Bank has a measurement tool that can quantify and
the quality and efficiency of the Credit Analysis process in identify liquidity risk in a timely and comprehensive manner
the form of developing a customer credit rating application to measure inherent risks regarding funding composition,
6. Development of an information system in the form of a liquidity ratio, cash flow projections, liquidity gap, and
credit portfolio dashboard stress testing
7. Conducting regular and in-depth credit training to improve 5. The Bank monitors limits daily such as AL/DPK, AL/
credit knowledge and skills and increase risk awareness NCD, LDR, Overnight Loans, GWM, PLM, LCR against the
8. Improving the credit supervision function
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threshold set by the regulator including follow-up actions branch offices that functions as a monitoring and
to be taken by the risk taking unit if an excess occurs. reporting tool for risk profiles for branch offices and
6. The Bank has a procedure in terms of an emergency funding the head office.
plan when the bank faces a liquidity crisis (Contingency 7. Conducting regular and in-depth training for all employees
Funding Plan) to increase knowledge and increase risk awareness
7. The Bank has made calculations related to liquidity risk,
namely the calculation of NSFR and LCR in accordance with Legal Risk
Basel III
Legal risk is a type of risk faced by banks as a result of lawsuits,
Operational Risk both those carried out by internal and external parties and/or
the discovery of weaknesses in the legal aspect such as the
Operational risk is defined as the arising losses risk due to absence of supporting laws and regulations, weaknesses in
insufficient and or non-functioning internal processes, human obligations such as non-fulfillment of the requirements for the
errors, system failures, and or the presence of external parties validity of the agreement or imperfect binding of collateral.
affect in the operation of Bank Jatim. The operational risk
management efforts that have been carried out by Bank Jatim The legal risk management organization is carried out by the
are as follows: Legal Division at the head office by carrying out functions,
1. Conducting a comprehensive analysis of the potential risks duties and responsibilities related to regulatory, advisory,
that are inherent in a product or activity by considering litigation, advocacy and legal assistance, education and
internal and external factors such as operational risk transformation in the legal field and management of the Bank’s
incident data, regulatory changes, audit findings, etc. legal risk. The legal risk management efforts that have been
2. The Bank carries out a periodic operational risk carried out by the Bank Jatim Legal Division are as follows:
measurement process, including risk assessment, 1. Conducting a study of changes in laws and regulations
operational risk loss data reports and bankwide operational to ensure that internal provisions do not deviate from
risk profile measurements that are carried out periodically applicable laws and regulations
3. Determining risk appetite, risk tolerance and risk limit for 2. Providing legal advice/opinions on cooperation agreements
operational risk parameters between Bank Jatim and other parties, the aim is to protect
4. The Bank has a Quality Assurance unit to help ensure that the legal interests of Bank Jatim before the agreement is
operational activities run in accordance with the provisions. signed by an authorized official.
5. The Bank also has procedures for implementing operational 3. Providing legal assistance in accordance with its authority
risk management, Business Continuity Management (BCM) if a case occurs
and conducting a Risk Assessment (RA) process to measure 4. Determining risk appetite, risk tolerance and risk limit for
potential disruptions/disasters that threaten the continuity legal risk parameters
of the bank so as to minimize the Bank’s potential risks.
6. Development of risk management tools to support the Strategic Risk
operational risk management process consisting of:
a. Risk Control Self Assessment Strategic Risk is the risk due to inaccuracy in making
Is a qualitative and predictive MRO tool used to identify and/ or implementing a strategic decision and failure to
and measure risks by considering the potential impact anticipate changes in the business environment. Strategic
and likelihood risk identification is based on strategic risk factors in certain
b. Loss Event Database functional activities, such as credit, treasury and investment
Is a collection of confirmed operational risk loss event activities as well as operations and services through a business
data that has losses and is obtained based on the results plan prepared by the Strategic Planning & Performance
of analysis and verification of potential incidents and/ Management Division as a translation of the General Policy of
or incidents recorded and managed by each work unit. Board of Directors.
c. Key Indicator
Is a module for monitoring operational risk indicators Strategic risk measurement and measurement parameters are
that can hinder the achievement of company or work based on the Bank’s performance by comparing the expected
unit goals. results with actual results, evaluating work unit performance,
d. Work unit Risk Profile (Priskop & PRC) and checking progress against the set targets. The strategic
Is a risk profile dashboard for the head office and risk management efforts that have been carried out by Bank
Jatim are as follows:
1. The Bank periodically measures strategic risk by
monitoring the progress report on the achievement of the
bank’s business plan.
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2. The achievement of the bank’s business is discussed and depth process than Customer Due Diligence (CDD), previously
reported to management periodically through the Business known as Know Your Customer (KYC)
Performance Review forum, ALCO, Risk Management
Committee, Review and Board of Directors Meeting. Reputation Risk
3. The Bank continuously monitors the performance of branch
offices. Reputation risk is a risk due facing the stakeholder trust gap
4. The Bank increases service cooperation with other originating from various activities including events that can
operators/agencies/institutions in order to increase fee- bring harm the reputation of the Bank (e.g. negative report in
based and added value for the bank. the mass media, violations of business ethics and customer
5. Bank Jatim has implemented periodic monitoring tools, complaints) and other matters inducing reputational risks such
through parameters reflected in the strategic risk profile. as weakened corporate governance, corporate culture and
Strategic risk measurement is carried out by analyzing business banking practices.
exposure and comparing risk exposure with the established
limits, including credit expansion, third party funds, and The transformation of Bank Jatim become into a public bank,
financial ratios. successfully identifies factors inherent risk in an openness
6. Determine risk appetite, risk tolerance and risk limit for functional activities which include customer complaints about
strategic risk parameters its services, employees behavior in serving customers and
conducted communication systems by the Bank. Reputation
Compliance Risk risk control efforts conducted by Bank Jatim, through the
Corporate Secretary as Bank Jatim’s public relations. Measures
Compliance Risk is a risk resulting from the Bank not taken by Bank Jatim in managing reputation risk include:
complying with and/or not implementing applicable laws and 1. Identification and measurement of reputation risk are
regulations. In managing compliance risk, Bank Jatim has carried out periodically, such as monitoring customer
established policies, provisions, systems and procedures to complaints either through the call center and/or frontliner.
build a culture of compliance as one of the keys to success in 2. The Bank manages any negative news in the Media
implementing compliance risk management. The compliance Monitoring Report consisting of news titles, names of mass
risk management efforts that have been carried out by Bank media and news value so that the bank can determine the
Jatim are as follows: impact of the news.
1. Identifying and monitoring reporting obligations to 3. The Bank manages any customer complaints in the
regulators based on OJK regulations and other newly Customer Complaint Report submitted to the Board of
applicable external provisions Directors periodically.
2. Identifying vulnerable points of gratification in banks as 4. Observing of customer complaints and resolution of
an early warning in implementing mitigation actions for customer complaints in accordance with the provisions/
gratification and/or fraud risks. SLA.
3. Developing a system that can reduce potential compliance 5. Monitoring of negative news to the bank through various
risks, including the Sapubaja, Shinta and Monilap media including search engine optimization to improve
applications. the positive image of the bank, as well as assessment of
4. Implementing monitoring and compiling a resume of the reputation risk profile through quarterly risk profile
policies or regulations issued by Authorities such as PBI, reporting.
SEBI, PADG, OJK Regulation, SEOJK and other regulations 6. The Bank also conducts socialization to customer service
related to the Bank. The results of the resume are submitted to continuously educate customers in order to minimize
to the relevant work unit and then used by the relevant the potential reputation risk that may arise from customer
work unit to update policies and procedures. misunderstandings regarding the use of bank products/
5. Implementation of ISO 37001:2016 Anti-Bribery services. In addition, there are visits to each bank office
Management System (ABMS) network regarding the adjustment of banking industry
6. Determine risk appetite, risk tolerance and risk limit for service standards, coaching and assistance to Branch
compliance risk parameters Offices and the existence of Service and Culture programs
in order to improve the quality of bank services
Bank Jatim has policies and SOPs related to APU and PPT to 7. Performing consistent communication, by maintaining
protect the Bank from being targeted by money laundering openness of information and transparency to all
and terrorism. In addition, there is an anti-money laundering stakeholders
system to monitor suspicious transactions. As part of the 8. Conducting public service functions in order to perform
implementation of compliance risk management, Bank Jatim corporate social responsibility (CSR)
also conducts Enhanced Due Diligence (EDD) as a more in-
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9. Establishing harmonious relationships with the media Quality Assessment of Risk Management Implementation
in terms of maintaining the name of Bank Jatim as a The quality assessment of the Risk Management
corporation, this is done in order to minimize and handle implementation reflects an assessment of the adequacy of
complaints from stakeholders that result in negative the Risk control system that covers all pillars of the Risk
publications against Bank Jatim. Management implementation as regulated in the provisions
10. In addition to manage its reputation risk from the public of the Financial Services Authority concerning the Risk
aspect, Bank Jatim also manages reputation risk arising Management implementation for Commercial Banks.
from interactions with customers. Bank Jatim immediately
follows up and resolves problems with customer Specifically, the Quality Assessment of Bank Risk Management
complaints that can increase exposure to reputation risk. Implementation varies greatly according to the scale,
The Bank periodically improves the Bank’s internal policies complexity and level of Risk that can be tolerated by the
related to customer complaints and customer services in Bank. Thus, in assessing the Quality Assessment of Risk
order to minimize the potential for a decline in the Bank’s Management Implementation, it is necessary to consider to
reputation. the characteristics and complexity of the Bank’s business. The
quality assessment of the Risk Management implementation is
Risk Evaluation Process an assessment of 4 (four) interrelated aspects, as follows:
1. Risk Governance.
To better understand the risks in a comprehensive and 2. Risk Management Framework.
sustainable manner, the Bank carries out a self-assessment 3. Risk Management Process, adequacy of human resources
of the Bank Soundness Level (TKB) which is reported to the and adequacy of management information systems.
Regulator every semester or 6 (six) months, and a Risk Profile 4. Adequacy of Risk control systems, taking into account the
Report which is prepared every quarter or every 3 (three) characteristics and complexity of the Bank’s business.
months.
The determination of the KPMR level is conducted
Self-assessment of Bank Soundness Level refers to OJK comprehensively and identifies the strengths and weaknesses
Regulation Number 4/POJK.03/2016 and SEOJK Number of each pillar of Risk Management. The KPMR level for each
14/SEOJK.03/2017 concerning Assessment of General Bank Risk is categorized into 5 (five) levels, as follows:
Soundness Level, which includes assessment of Risk Profile 1. Rank 1 (Strong)
including Inherent Risk and Quality of Risk Management 2. Rank 2 (Satisfactory)
Implementation, assessment of Governance, Profitability and 3. Rank 3 (Fair)
Capital. 4. Rank 4 (Marginal)
5. Rank 5 (Unsatisfactory)
Risk Profile Assessment covers 8 (eight) types of risks, such
as Credit Risk, Market Risk, Liquidity Risk, Operational Risk, Risk Management Activity Report 2024
Legal Risk, Strategic Risk, Compliance Risk and Reputation
Risk. There are two additional risks specifically for the UUS Risk In connection with the assessment of the Bank Health Level
Profile assessment, namely Return Risk and Investment Risk. (TKB) and the individual Risk Profile Assessment during 2024,
Bank Jatim has prepared and reported as follows:
Inherent Risk Assessment • Bank Health Level uses an individual risk approach or risk
Inherent Risk Assessment is an assessment of the risks based bank rating (RBBR) which includes an assessment
inherent in the Bank’s business activities, both quantifiable and of the Risk Profile, Governance, Profitability and Capital.
non-quantifiable, which have the potential to affect the Bank’s During 2024, Bank Jatim has reported the Bank Health
financial position. The characteristics of the Bank’s inherent Level individually for the reporting period of Semester II
risk are determined by internal and external factors, including 2023 and Semester I 2024 to the Regulator in a timely
business strategy, business characteristics, complexity of the manner.
Bank’s products and activities, the industry in which the Bank • Individual Risk Profile which includes the management of 8
conducts business activities, and macroeconomic conditions. types of risk (Credit, Market, Liquidity, Operational, Legal,
Strategic, Compliance, and Reputation Risk). During 2024,
In addition, the inherent risk assessment is conducted by Bank Jatim has reported the results of the Individual Risk
considering quantitative and qualitative parameters/indicators. Profile self-assessment for the reporting period of Quarter
Determination of the inherent risk level for each type of risk is IV 2023 and Quarter I, II, III 2024 to the Regulator in a
categorized into 5 (five) levels, as follows: timely manner.
1. Rank 1 (Low) • Internal Capital Adequacy Assessment Process (ICAAP)
2. Rank 2 (Low to Moderate) Report individually. During 2024, Bank Jatim has reported
3. Rank 3 (Moderate) the Individual ICAAP Report for the reporting period of
4. Rank 4 (Moderate to High)
5. Rank 5 (High)
490 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2024
Semester II 2023 and Semester I 2024 to the Regulator in Recovery Plan is a plan to overcome financial problems that
a timely manner. may occur in the Bank. This Recovery Plan document includes
• Interest Rate Risk in Banking Book (IRRBB) Report. During various Recovery Option mechanisms that aim to prevent,
2024, Bank Jatim has reported the Individual IRRBB restore, and/or improve the bank’s financial condition in
Report for the reporting period of Quarter IV 2023 and case any financial crisis that can disrupt the bank’s business
Quarter I, II, III 2024 to the Regulator in a timely manner. sustainability.
• Risk Weighted Assets (RWA) Calculation Report for Credit
Risk, Market Risk and Operational Risk. Based on the provisions of OJK Regulation Number 5 of
• Liquidity Coverage Ratio (LCR) and Net Stable Funding 2024 concerning Determination of Supervision Status and
Ratio (NSFR) Calculation Report. Management of Commercial Bank Problems Article 41, the
• Leverage Ratio Fulfillment Obligation Report Recovery Plan needs to be disclosed to internal and external
• Recovery Plan Document parties. As required by OJK, the bank has prepared an Action
• Resolution Plan Document Plan (Recovery Plan) document and has been submitted to the
Financial Services Authority in November 2024. The document
consists of four parts, as follows:
Effort to Manage Risk 1. Executive Summary
2. Bank Overview
As a bank that had a vision to encourage regional economic The Bank Overview includes information on (1) the bank’s
growth and participate in developing small and medium condition; (2) business lines, office networks, and material
enterprises that focused on providing credit to the MSME subsidiaries; (3) the bank’s business group structure; (4)
sector, it was strongly influenced by changes in the business the bank’s business relationships and (5) scenario analysis
climate such as inflation and competition with foreign products. of the impact of changes in the bank’s condition based on
Thus, the increasing number of foreign products that entered several scenarios, namely idiosyncratic and market-wide.
Indonesia as a result of the free trade that Indonesia followed. 3. Recovery Options
Efforts to minimize these negative impacts are carried out risk It determines the trigger level with a traffic light approach
management based on the principle of prudence to ensure the for prevention (green), recovery (yellow) and improvement
growth of a healthy and sustainable performance of the Bank. (red) levels. The determination of the trigger level is
conducted based on the provisions of OJK Regulation
Risk management as an integral part of business growth and Number 5 of 2024 concerning the Determination of the
daily business activities of the Bank is carried out in various Supervision Status and Management of Commercial
ways, among others: Bank Problems regarding aspects of capital, liquidity,
1. Presenting a risk perspective opinion on each new banking profitability and asset quality
activities and products, along with a service banking 4. Disclosure of the Recovery Plan
network expansion. It explains a general description of the actions to be taken
2. Continuously improve operational policies and procedures, by the Bank to address financial problems that will occur,
while adjusted risk tolerance limits to ensure its optimal and the management mechanism for potential negative
balance between asset quality and business profitability market reactions if the Recovery Plan is implemented.
3. Maintain the risk management implementation aligned
with macroeconomics changes and the development of Risk Assessment
Bank Jatim business.
The results of the Bank Jatim Risk Profile self-assessment
Recovery Plan for December 2024 were Rank 2 or (low) with an Inherent
Risk Rating of “Low to Moderate” and a Risk Management
The Financial Services Authority (OJK) as the banking Implementation Quality Rating of “Fair”.
regulator in Indonesia has issued Financial Services Authority
Regulation Number 5 of 2024 concerning the Determination of Review of The Effectiveness of The Risk
the Supervision Status and Management of Commercial Bank Management System
Problems, which states that Banks must prepare and submit
Recovery Plan to the Financial Services Authority. The Bank constantly evaluates the effectiveness of the risk
management system. The evaluation includes adjusting the
strategy and risk framework as part of the risk management
policy, the adequacy of the information system, and the
adequacy of identifying, measuring, monitoring, and controlling
risks.
PT Bank Pembangunan Daerah Jawa Timur Tbk 491
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07 Corporate
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Measurement methods can be carried out quantitatively and/ Statement of the Board of Directors and/or
or qualitatively. The measurement method can be a method Board of Commissioners or Risk Monitoring
determined by Bank Indonesia and the Financial Services Committee on the Adequacy of the Risk
Authority in the context of risk assessment and capital Management System
calculation (either a standard method or an internal method
developed by the Bank itself). In order to overcome weaknesses In 2024, the Board of Commissioners through the Risk
that may arise from the use of a particular risk measurement Monitoring Committee assesses that the adequacy of risk
model, the Bank must validate the model. The risk measurement management is effective and adequate, as reflected in:
system is evaluated and refined periodically or at any time if 1. Adequacy of Risk Management policies and procedures
necessary to ensure the suitability, accuracy, fairness, and and determination of effective Risk limits which include,
integrity of the data, as well as the procedures used to measure among other things:
risk. In evaluating the effectiveness of the risk management a. determination of the use of measurement methods and
system, the risk management work unit carries out the following Risk Management information systems
monitoring program: b. determination and establishment of Risk limits
1. The Bank has a monitoring system and procedures including c. determination of Risk rating assessment
monitoring the magnitude of risk exposure, compliance with d. preparation of emergency plans (contingency plans) in
internal limits and consistency with established policies and the worst case scenario
procedures. e. determination of internal control systems in the
2. Monitoring is conducted by both the risk taking unit and the implementation of Risk Management
Risk Management Work Unit. The monitoring results are 2. Adequacy of the Risk identification, measurement,
presented in periodic reports submitted to management in monitoring and control processes, and an adequate Risk
order to mitigate risks and take necessary actions. Management Information System.
3. The Company prepares an effective back up system and
procedures to prevent disruptions in the risk monitoring
process, and periodically checks and re-evaluates the back
up system.
Based on the evaluation of the effectiveness that had been
conducted during 2024, it showed that the risk management
system at Bank Jatim was sufficient.
Compliance Function
Organizational Structure
VP Compliance & AML CFT
AVP Compliance * AVP AML CFT
Governance
Governance and Compliance Review and AML CFT Analysis Know Your Customer Regulatory License
Business Ethics Group Development Group Group (KYC) Group Group
The establishment of the Compliance Unit by the Director in charge of Compliance is regulated in the OJK Regulation Number 46/
POJK.03/2017 concerning the Implementation of the Compliance Function of Commercial Banks. The Compliance Unit must be
independent and only report directly to Director in charge of Compliance Function.
492 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2024
Profile of Vice President Compliance and AML-CFT
Herry Setya Yudakka
Vice President Compliance & AML CFT
Citizen : Indonesian Citizens
Place, Date of Birth/ Born in Gresik, April 29, 1977/Age 47 years old as of
:
Age December 2024
Domicile : Sidoarjo
Educational S1 Industrial Engineering Sepuluh November Institute of Technology (ITS)
Background
Certification Risk Management Certification Level 6
Job History • Malang Branch Manager (2020)
• Leader of Credit Division of Main Branch (2022)
• Acting Head of Policy and Procedure Division (2023)
• Vice President of Policy and Procedure (2024)
• Vice President of Compliance and APU PPT
Basis of Appointment Board of Directors Decree No. 063/018/CPT/HCP/KEP dated December 31, 2024
Duties and Responsibilities of Compliance 1. Make steps to support the creation of a Compliance
Functions Culture in all Bank business activities at every level of the
organization.
In accordance with OJK Regulation No. 46/POJK.03/2017 2. Identify, measure, monitor and control Compliance
concerning Implementation of Compliance Function for Risk by referring to the FSA regulations governing the
Commercial Banks, explained that the Compliance Function implementation of risk management for commercial banks
includes actions for: and FSA regulations governing the implementation of
1. Realizing the implementation of Compliance culture at all risk management for sharia commercial banks and sharia
levels of the Bank’s organization and business activities. business units.
2. Managing compliance risks faced by the BankEnsuring 3. Assess and evaluate the effectiveness, adequacy and
Bank Compliance with commitments suitability of the Bank’s policies, regulations, systems and
3. Ensure that the policies, regulations, systems and procedures with statutory provisions.
procedures as well as business activities carried out by 4. Review and/or recommend updating and refinement of
the Bank are in accordance with the provisions of the policies, regulations, systems and procedures that are
Financial Services Authority and the provisions of laws owned by the Bank to comply with FSA regulations and
and regulations, including the Sharia Principles for Islamic statutory provisions, including the Sharia Principles for
commercial banks and sharia business units. Islamic commercial banks and sharia business units.
4. Ensuring Bank Compliance with commitments made by the 5. Make efforts to ensure that the policies, regulations,
Bank to the Financial Services Authority/Bank Indonesia systems and procedures, as well as the Bank’s business
and/ or other authorized supervisory authorities. activities are in accordance with FSA regulations and
statutory provisions.
The duties and responsibilities of the Compliance Unit were 6. Perform other duties related to the Compliance Function.
based on FSA Regulation No. 46/POJK.03/2017 concerning
the Implementation of Compliance Function for Commercial
Banks at least includes to:
PT Bank Pembangunan Daerah Jawa Timur Tbk 493
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07 Corporate
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Compliance Function Competency Development
The competency development that had been followed by Compliance Function Employees during 2024 is as follows:
Implementation
No. Name of Education and Competency Development
date
1. Risk Management Certification Program Level 5 Exam March 24, 2024
2. Risk Management Certification Provision Level 5 March 13, 2024
3. Product Knowledge Training February 11, 2024
4. Risk Management Certification Provision Level 6 March 22, 2024
5. Competency-Based Interview Training April 20, 2024
6. Comprehensive Individual Risk Assessment (Ira) Preparation Based on Ojk Regulation No. 8 Of 2023 March 08, 2024
(Strengthening Prevention of TPPU, TPPT, and PPSPM in the Banking Industry)
7. Training of Trainer February 23, 2024
8. Environmentally Conscious Financing Training May 04, 2024
9. Implementation of AMLCFT & PFWMD Program Ojk Regulation 8 Of 2023: Building Defense Against Financial March 05, 2024
Threats
10. Training on Active Participation in Prevention of Green Financial Crime in the Financial Industry April 29, 2024
11. Training on Active Participation in Prevention of Green Financial Crime in the Financial Industry April 29, 2024
12. Risk Management Certification Refreshment Program March 28, 2024
13. Fo Function; Reward & Punishment; and Service Standards May 27, 2024
14. Credit Risk Mitigation; Monitoring of Problem Credit Settlement and Execution May 28, 2024
15. Litigation & Banking Criminal Prevention June 02, 2024
16. Credit Analysis May 29, 2024
17. Credit Analysis and Accounting Basis June 06, 2024
18. Credit Administration and Banking Law May 25, 2024
19. Fund Products and the Role of Fo, Reward Punishment System and Service Standards June 04, 2024
20. Credit Risk Analysis and Credit Settlement Restructuring June 05, 2024
21. Bank Risk Management and Credit Portfolio Guidelines May 30, 2024
22. AML-CFT & Gratification, Compliance Culture, Anti-Fraud Strategy & Critical Point Fraud May 31, 2024
23. Shariah and It Security Awareness June 01, 2024
24. Litigation in Banking Operations June 12, 2024
25. Leading & Managing your Sales Team to Success With James Gwee July 29, 2024
26. Training Executive of Sharia Banking July 30, 2024
27. Culture Glow Up your Confident Through Public Speaking & Communication Personality Test Using Mandala Art September 24, 2024
Culture Booster
28. ESG Webinar, Aspen Banking to Encourage the Achievement of Sdgs (Sustainable Development Goals) Batch 4 September 27, 2024
FKDKP – 2024
29. Workshop on Disaster Recovery Plan Preparation According to Ojk Regulation No. 5 of 2025 for BPDS October 2, 2024
Throughout Indonesia
30. Tppo and Online Gambling Training Hinder Bank Business Which Must be Immediately Addressed in Bank October 29, 2024
Operations (In Accordance With Ojk Regulation No. 8 Of 2023)
31. Public Training on “Identification and Prevention of Trade Based Money Laundering (TBML)” November 28, 2024
32. Training Implementation of Governance Risk Management & Compliance, Implementation of Governance, Risk December 4, 2024
Management & Compliance) Anti Fraud Strategy
33. Implementation of Financial Control and Consolidation in the Scope of Bank Business Group Formation December 21, 2024
494 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2024
Implementation of the Compliance Function to increase the risk of using the financial services industry as
Duties a means of Money Laundering, Terrorism Financing and/or
Funding the Proliferation of Weapons of Mass Destruction with
The implementation of the Compliance Function duties that its increasingly diverse and advanced modus operandi.
have been implemented in 2024 is as follows:
1. Improving programs for embodying a culture of compliance The implementation of AML, CFT & PFWMD that has been
in work units both offline and online, and continuously carried out includes:
increasing employee understanding of applicable rules and 1. Implementation of the AML, CFT & PFWMD programs under
regulations. the supervision of the Director in charge of the Compliance
2. Actively monitor and build communication with related function, has policies and procedures supported by an
work units on new external regulations issued by regulators adequate internal control system and management
as an effort to ensure that policies, provisions, systems information system, and competent human resources.
and procedures and business activities carried out by the 2. Strengthening Know Your Customer (KYC) by utilizing
Bank comply with the provisions of the Financial Services the Directorate General of Dukcapil’s (Civil Registry
Authority and regulatory provisions laws and regulations, Office) EKTP and/or Digital Population Identity (IKD) data
including Sharia Principles for sharia commercial banks verification services.
and sharia business units. 3. Optimizing the implementation of AML, CFT & PFWMD in
3. Coordination and collaboration with SKMR and SKAI and all financial transactions and bank operations at all levels
related work units to identify, measure, monitor and control of the organization.
Compliance Risks. 4. Developing and improving the management information
4. Identify, measure, monitor and control compliance risk system for implementing AML, CFT & PFWMD, as well as
to minimize the occurrence of compliance risk through continuously improving the quality of customer data in
monitoring parameters that affect compliance risk. order to improve the quality of reporting as the task of the
5. Development of the quality and competence of the Reporter in the AML, CFT & PFWMD regime.
Compliance Work Unit includes: training, workshops, 5. Play an active role and be part of the implementation
certification programs, including information systems. of prevention and eradication of AML, CFT & PFWMD
programs through Go-AML, SIGAP, SIPENDAR, SIPESAT,
PEDAL, GRIPS Reports and Election-related Reports.
Anti-Money Laundering Program, 6. The Bank has participated in the Financial Integrity Rating
Prevention of Terrorism Funding & on ML/TF assessment conducted by PPATK with the results
Prevention of Funding for The Proliferation of the level of commitment of PT BANK PEMBANGUNAN
of Weapons of Mass Destruction DAERAH JAWA TIMUR, TBK in supporting PPATK and Law
Enforcement Officers to conduct financial transaction
The existence of globalization in the financial services sector tracing related to indications of TPPU/TPPT and the level
which is accompanied by the increasing development of of implementation of APUPPT reporting governance in
financial service products including marketing (multi channel accordance with LPP provisions and PPATK reporting
marketing), as well as increasingly complex financial services guidelines as well as the level of compliance with AMLCFT
industry activities and technology both in terms of products, reporting obligations to PPATK and the quality of reports
services and the use of information technology, has the potential submitted are in the category of Very Good.
Lawsuit
During 2024 Bank Jatim faced several essential cases in the form of civil law issues that had been completed (had received Court Decisions
that had permanent legal force/inkracht), revocation of lawsuits and are still in the process of being resolved as follows:
Table of Significant Cases
Total
No. Cases
Industrial
Civil Commerce
relations
1. Completed (There has been a Court Decision that has 16 - -
permanent legal force/inkracht)
2. Lawsuit Revocation 5 - -
3. In Process of Completion 27 2 -
PT Bank Pembangunan Daerah Jawa Timur Tbk 495
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07 Corporate
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Important Case Faced by The Company
Of the several cases faced by the Bank, there were 7 significant civil cases as follows:
Table of Important Cases Faced by the Company
Claims for
Impact on Material
Management
No Case/Lawsuit Settlement Status Risk company Compensation
Action
conditions (in millions of
rupiah)
1. Decision of the Surabaya Legal Risks Bank Jatim made a None IDR 3,000
District Court: written confirmation to
Lawsuit was unacceptable the Court regarding the
inkracht status of the
Civil case number Decision of the Surabaya High Court Decision.
584/Pdt.G/2007/ District Court:
PN.Sby dated 21 Confirming the Decision of the
November 2007 Surabaya District Court
In this case, waiting for a
response from the District
Court for inkracht certainty.
2. Civil Case Number Cassation proceedings at the Legal Risks Bank Jatim filed a None IDR 3,218
16/Pdt.G/2023/ Supreme Court counter cassation to
PN.Bna dated April strengthen Bank Jatim's
18, 2023 position
3. Civil Case Number Cassation proceedings at the Legal Risks Bank Jatim filed a None IDR 3,100
124/Pdt.G/2023/ Supreme Court cassation to strengthen
PN.Mlg dated May 30, Bank Jatim's position
2023
4. Civil Case Number Cassation proceedings at the Legal Risks Bank Jatim filed a None IDR 5,732
746/Pdt.G/2023/ Supreme Court cassation to strengthen
PN.Sby dated July Bank Jatim's position
26, 2023
5. Civil Case Number Cassation proceedings at the Legal Risks Bank Jatim filed a None IDR 27,988
176/Pdt.G/2023/ Supreme Court counter cassation to
PN.Kpn dated strengthen Bank Jatim's
September 6, 2023 position
6. Civil Case Number Proceedings at the Surabaya Legal Risks Bank Jatim conducted None IDR 6,028
887/Pdt.G/2024/ District Court case management at the
PN.Sby dated August Surabaya District Court
21, 2024
7. Civil Case Number Proceedings at the Gresik Legal Risks Bank Jatim conducted None IDR 5,300
98/Pdt.G/2024/ District Court case management at the
PN.Gsk dated Gresik District Court
September 25, 2024
Important Cases Which Faced by the Board of Commissioners and the Board of Directors
During 2024 there were no legal issues being faced by the incumbent Board of Commissioners and Directors.
496 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2024
Legal Issues Currently Facing Subsidiaries
Total
No. Case
Industrial
Civil Commerce
Relations
1. Completed (there is a Court Decision that has permanent legal 3 - -
force/incracht)
2. Withdrawal of Lawsuit - - -
3. In Settlement Process 3 - -
Total 6 - -
In detail, the legal problems faced by the subsidiary are as follows:
Claims for Material
Completion Management Sanctions
No. Case/Lawsuit Risk Compensation (in
Status Efforts imposed
millions of rupiah)
1. Case No: 1/Pdt.G/2024/ Declaring the Legal Risks Bank NTB Syariah None Nominal Lawsuit:
PN.Dpu at the Dompu Plaintiff's lawsuit has filed an Exception Material Rp. –
District Court for the inadmissible (niet Response and Immaterial Rp. –
lawsuit of M. Sidik ontvankelijke other legal efforts Coercive Money IDR
Djamal, Bc. Hk. verklaard) or the in response to the 1,000,000,- (one million
lawsuit being won by lawsuit submitted by rupiah) per day if negligent in
NTB Syariah the Plaintiff. implementing the decision on
this case.
The Plaintiff's loss on the
results of the disputed land
during the Bank's control is
IDR6,000,000,- (six million
rupiah) if the decision of the
case has become final.
2. Case No: 659/ A decision has been Legal Risks Bank NTB Syariah None Nominal Lawsuit:
Pdt.G/2024/PA.Pra received which has filed a Response, Material IDR. –
at the Praya Religious essentially states that Exception and other Immaterial IDR. –
Court for the lawsuit the Bank's control legal efforts in facing
of Sauti, et al. as the over the rights is the lawsuit filed by
Opponent. based on valid and the Opponent.
binding law.
3. Case No.: 22/ Declare that the Legal Risks Bank NTB Syariah None Nominal Lawsuit:
Pdt.G/2024/PN.Dpu Plaintiff's lawsuit has filed an Answer, Material IDR. –
at the Dompu District is rejected in its Exception and Immaterial IDR. –
Court for the lawsuit entirety or that the other legal efforts Coercive Money IDR.
of M. Sidik Djamal, Bc. lawsuit is won by in response to the 1,000,000,- (one million
Hk as the Plaintiff (the Bank NTB Syariah. lawsuit submitted by rupiah) per day if negligent in
same lawsuit as Case the Plaintiff. implementing the decision on
Number: 1/Pdt.G/2024/ this case.
PN.Dpu, but with
the addition of the
Defendant in it).
4. Case No: 29/ Trial Process at Legal Risks Trial Process at None Nominal Lawsuit:
Pdt.G/2024/PN.Dpu Dompu District Court. Dompu District Court. Material and Immaterial IDR
regarding the lawsuit of 3,025,000,- (three million
Abubakar Mansyud alias twenty five thousand rupiah)
A. Bakar Mas'ud as the Coercive Money IDR
Plaintiff. 1,500,000,- (one million five
hundred thousand rupiah) for
each day of delay in fulfilling
the contents of the decision
that has become final.
PT Bank Pembangunan Daerah Jawa Timur Tbk 497
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07 Corporate
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Claims for Material
Completion Management Sanctions
No. Case/Lawsuit Risk Compensation (in
Status Efforts imposed
millions of rupiah)
5. Case No: 44/Pdt. Trial Process at Legal Risks Trial Process at None Nominal Lawsuit:
Bth/2024/PN.Dpu Dompu District Court. Dompu District Court. Material IDR. –
regarding the Third Immaterial IDR. –
Party's Objection
(Derden Verzet) lawsuit
against the Dompu
District Court decision
No: 2/Pdt.G/2022/
PN.Dpu, Jo. Mataram
High Court Decision No.:
219/PDT/2022/PT.MTR,
Jo. Supreme Court
Decision No: 4409.K/
Pdt/2023.
6. Case No: 2/Pdt. Trial Process at Legal Risks Bank NTB Syariah None Nominal Lawsuit:
Eks/2024/PN.Dpu Dompu District Court. has attended the trial. Material IDR. –
summons for trial in the Immaterial IDR. –
context of the On-Site
Inspection/Verification/
Constatering activities
by the Dompu District
Court regarding the
lawsuit of Muhammad
Fauzan
Impact of Legal Problems on Bank
The impact of civil law problems experienced by Bank Jatim through the legal process is not significant and does not interfere with
the Bank’s performance because the Bank has carried out appropriate mitigation and litigation processes and in accordance with the
provisions of laws and regulations.
Administrative Sanctions Imposed to Companies, Members of the Board of Commissioners
and the Board of Directors by Capital Market Authorities and Other Authorities
Bank Jatim’s administrative sanctions during 2024 are as follows:
No. Agency Types of Sanctions Information
1. Financial Services Authority Sanctions for SLIK Reporting Errors on Sanction of obligation to pay Rp50,000,000,- (fifty million
General Examination Results in 2024. rupiah).
Payment has been made on January 30, 2025
2. Bank Indonesia Sanctions for Violation of Minimum Has been charged to the Bank Giro Account at Bank Indonesia
Reserve Requirement (GWM) on November 05, 2024.
Provisions amounting to IDR
1,268,792,670,- (one billion two
hundred sixty eight million seven
hundred ninety two thousand six
hundred seventy rupiah).
3. Financial Services Authority Delay in Submission of Report on Obligation to pay a fine of IDR 30,000,000 (thirty million
Appointment and/or Replacement of rupiah)
Director of Sharia Business Unit of
Bank Jatim
4. Bank Indonesia Written Warning Letter Administrative Sanctions in the Form of a Written Warning
Letter
5. Financial Services Authority Delay in Submission of Adjusted Obligation to pay a fine of IDR 3,000,000 (three million
Business Plan 2024 – 2026 rupiah) for the adjustment of the Bank's Business Plan for
2024-2026 through the OJK Reporting Application (APOLO)
on June 5, 2024, so that it is late by 3 (three) working days.
For this delay in accordance with POJK Number 5 of 2016
concerning the Bank's Business Plan, your bank will be
subject to administrative sanctions.
498 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2024
No. Agency Types of Sanctions Information
6. Bank Indonesia Administrative sanctions in the form of Obligation to pay IDR 100,000 (one thousand rupiah) from
an obligation to pay IDR. 100,000.00 16 to 26 July 2024, there was 1 (one) BI-RTGS transaction
(one hundred thousand rupiah) fund settlement instruction sent on the same date as the
acceptance date but was carried out more than 1 (one) hour
after the implementation of the acceptance in question.
7. Bank Indonesia Sanctions for Violation of Minimum Obligation to pay IDR 1.268.792.670 (one billion two hundred
Reserve Requirement sixty eight million seven hundred ninety two thousand six
hundred and seventy rupiah) for the shortfall in fulfilling GWM
in accordance with PBI No. 20/3/PBI/2018 dated March 29,
2018
8. Bank Indonesia Sanctions for violations of corrections Obligation to pay IDR 1,000,000.00 (one million rupiah)
outside the submission deadline for
the LBUT Daily Information Group (KL)
9. Bank Indonesia Sanctions for Not Submitting LBUT Obligation to pay IDR2,000,000.00 (two million rupiah)
Reports Regarding Daily Risk and charged to the Bank's current account at Bank Indonesia on
Capital November 28, 2024
10. Bank Indonesia Written warnings 3 (three) times in a The bank has not fulfilled its main dealer obligations (PADG
row based on the results of quarterly Main Dealer) for the period July to September 2024
obligation evaluations will result in
administrative sanctions in the form of
temporary suspension of the activities
of the main dealer (primary dealer) for
3 (three) months.
11. Bank Indonesia General Bank Report Sanctions (LBUT) An obligation of IDR. 1,500,000 (one million five hundred
PT BPD East Java Tbk thousand rupiah) which has been charged to the Bank Jatim
current account at Bank Indonesia on December 5, 2024
12. BP TAPERA Sanctions for Delays The Distributing Payment was made on February 23, 2024.
Bank will be late in returning the
principal of FLPP Funds and/or
payment of KPR Sejahtera yields
amounting to IDR 32,798 (thirty two
thousand seven hundred and ninety
eight rupiah).
13. KPP PRATAMA GENTENG Late Payment of PPH 21 Payment of a fine of IDR 6,000,000 (six million rupiah)
14. Bank Indonesia Sanctions Report Integrated General Payment of a fine of IDR 50,000.00 (fifty thousand rupiah)
Bank (LBUT) PT. BPD Jawa Timur Tbk
15. Bank Indonesia Sanctions Report Integrated General Payment of a fine of IDR 100,000.00 (One hundred thousand
Bank (LBUT) PT. BPD Jawa Timur Tbk rupiah)
16. Bank Indonesia Sanctions Report Integrated General Payment of a fine of IDR 2,000,000 (two million rupiahs)
Bank (LBUT) PT. BPD Jawa Timur Tbk
17. Financial Services Authority Administrative Sanctions in the Payment of a fine of IDR 30,000.00 (thirty thousand rupiah)
Form of Fines for Late Reporting of
Securities Transactions for the April
2024 Reporting Period
18. Financial Services Authority Response to the Report on the Written warning and administrative sanctions in the form of an
Appointment and/or Replacement of obligation to pay a fine
the Director of the Sharia Business
Unit of Bank Jatim
During 2024, there were no administrative sanctions imposed on members of the Board of Commissioners and Board of Directors by
the capital market authorities and other authorities.
PT Bank Pembangunan Daerah Jawa Timur Tbk 499
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07 Corporate
Governance
Access to Company Information and Data Investor Management
The public can access all financial and non-financial reports In maintaining the trust of shareholders and stakeholders, the
that have been submitted by Bank Jatim in a transparent Bank Jatim Investor Management team is in direct contact
manner through various means that are available in a timely, with investors, analysts and Shareholders to explain the Bank’s
complete and accurate manner. performance. The activities carried out by Investor Relations
are as follows:
Internal Communication
Derry Widya Ariyanta
Bank Jatim maintained an internal communication network Corporate Secretary Kantor Pusat
between the Bank’s management and employees and ensured Bank Jatim
the implementation of communication went well within the Jl. Basuki Rachmat No. 98-104, Surabaya
organization. By taking this into account, Bank Jatim developed Email: iru@bankjatim.co.id
several communication channels, including through the Bank
Jatim Magazine, the human resources intranet portal and Bank The activities carried out by Investor Relations are as follows:
Jatim internal information media which provided information 1. Compiling the performance of Bank Jatim every month
to all Bank Jatim employees about various company activities in accordance with the company’s monthly financial
and information needed in carrying out daily activities. Internal reports such as; macro and micro economic information,
communication has a purpose, namely: information on the company’s financial position based on
1. Responsibility for internal management. balance sheets, ratios, percentages, business plans and
2. Submission of draft speeches, papers, seminar materials strategies as well as stock information.
for the Board of Directors and materials for the GMS. 2. Managing information disclosure with investors and
3. Submission of the preparation of the Bank’s Annual Report analysts.
Book and Company profile. 3. Coordinating, evaluating, and providing recommendations
4. Proposal of procedures and concepts for Board of Directors in the implementation of activities including:
meetings, ceremonies, Bank events and other meetings. a. One on One Meeting
This activity is carried out to foster good relations with
External Communication potential investors, investors and analysts.
b. Analyst Meeting
Bank Jatim used various communication channels both to Activities to present the company’s quarterly
internal and external parties which aimed to build a company performance with analysts aimed at delivering the
image through print media, electronic media, broadcast media, latest information on the performance, strategies and
display media and others. To make it easier for the public to achievements that have been achieved by Bank Jatim.
get the latest information about the company, Bank Jatim c. Conference Call
had a corporate website that could be accessed through www. Telephone calls made either at the request of an
bankjatim. co.id which also functioned as a service portal. On the investor or an Investor Relations initiative.
Bank Jatim website, people can find detailed information about d. Site Visit
Bank Jatim starting from history, organizational structure, Activities carried out at the request of investors to visit
vision and mission, management, networks, achievements, branches to see the operations of Bank Jatim.
fund products, credit products and Bank Jatim services for both e. Roadshow
conventional and sharia. In addition, the website also contains Activities increase the interest of foreign investors to
information on CSR distribution and the latest information / enter the country through Bank Jatim shares.
news about Bank Jatim. 4. Compiling, managing, and carrying out preparation
of weekly, monthly, quarterly, semester and annual
As information to the wider community, Bank Jatim regularly publication report.
participates in events held by other parties and distributes
press releases to print and electronic media to inform Bank
Jatim activities and products. Bank Jatim also informs
several important activities and published quarterly reports
to the public through cooperation with print and electronic
media (internet). Bank Jatim uses social media as a means to
communicate with external parties through:
Facebook : bank jatim
Twitter : @bank_jatim
Instagram : bankjatim
Youtube : bank jatim
500 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2024
Investor Relation Performance
The activities that have been carried out by the Investor Relations Team during 2024 are as follows:
1. Analyst Meeting activities, in 2024 will be held 3 (three) times a year
No. Date Location Topics
1. January 23, 2024 Bank Jatim Headquarter Analyst Meeting FY 2023
2. April 29, 2024 Hotel Alila Analyst Meeting 3M24
3. October 29, 2024 Bank Jatim Headquarter Analyst Meeting 1H&9M 2024
2. Communication with analysts and investors as follows.
No. Date Investor/Securities Topics
1. January 2, 2024 Bahana Securities One on One Meeting
2. February 27, 2024 Philip Securities One on One Meeting
3. February 28, 2024 Stockbit Securities One on One Meeting
4. February 29, 2024 Mandiri Securities Site Visit
5. January 31, 2024 Bloomberg Courtesy Visit
6. March 8, 2024 Bahana Securities One on One Meeting
7. March 13, 2024 Change Global Investment LLC One on One Meeting
8. March 18, 2024 Philip Securities Deep Talk BJTM (Webinar)
9. April 1, 2024 Norges One on One Meeting
10. April 3, 2024 BRI Danareksa Courtesy Visit
11. April 4, 2024 Victory Capital One on One Meeting
12. April 29, 2024 Stockbit Securities Close Door Meeting
13. April 30, 2024 BRI Danareksa Courtesy Visit
14. June 14, 2024
FM Change Global Investment One on One Meeting
15. June 25, 2024
16. June 28, 2024 PT Taspen One on One Meeting
17. July 1, 2024 CIM Investment One on One Meeting
18. July 4, 2024 Niche Investment One on One Meeting
19. July 11, 2024 Tugu Reassurance One on One Meeting
20. July 18, 2024 Star Asset Management One on One Meeting
21. November 21, 2024 Maybank Securities One on One Meeting
3. Participating in the BJTM Deep Talk Webinar with Philip Sekuritas dated March 18, 2024.
4. Organizing a Workshop themed ‘Close Door Meeting’ in collaboration with Stockbit Sekuritas, which was attended by Retail
Investors dated April 29, 2024.
5. Establishing the Annual Public Expose, which was held online dated November 8, 2024.
6. Participating in Sustainable Finance Research with Paramadina University dated December 17, 2024.
7. Contributing as a Resource Person in the OJK Regulation Refresher Panel Discussion on General Meetings of Shareholders,
Deepening of Investor Relations Competence and Tips for Improving the Quality of Sustainability Reports organized by AEI.
PT Bank Pembangunan Daerah Jawa Timur Tbk 501
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07 Corporate
Governance
Press Release
No. Month Press Release
1. January 5, 2024 Bank Jatim KUR Quota Increases Rapidly, Helping MSMEs Move Up a Class
2. January 16, 2024 Bank Jatim Supports the East Java Provincial Government with Social Assistance for Extreme Poverty
3. January 22, 2024 Supporting Al-Quran Memorization, Bank Jatim Provides Santri Savings to 39 Students
4. January 23, 2024 Building Growth through Business Strengthening,
5. January 25, 2024 Bank Jatim Prints Positive Performance in 2023
6. February 7, 2024 Consistently Improving Company Reputation, Bank Jatim Wins Best Public Relations at IPRA 2024
7. February 22, 2024 Bank Jatim Distributes CSR Assistance to Two District Governments at Once
8. February 23, 2024 Facing 2024: Inviting Entrepreneurs to Transform and Jump Higher
9. March 1, 2024 Successfully Implementing 100% ETPD, Bank Jatim Gives Award to Ngawi District Government
10. March 4, 2024 Simplifying Licensing Services, Bank Jatim Provides One Mobile Service Car to Tulungagung District
Government
11. March 4, 2024 Bank Jatim Explores KUB Cooperation with Bank Banten, Offers KUB Fully Protection Growing Together Concept
12. March 5, 2024 Banking Performance Recovers, OJK Ends Credit Restructuring Policy
13. March 5, 2024 Excellent Performance, Bank Jatim Becomes TOP BUMD 2024
14. March 25, 2024 Enlivening the Holy Month, Bank Jatim QRIS Ramadan Vaganza Officially Opens for a Week
15. March 28, 2024 Successfully Improving Company Reputation, Bank Jatim Achieves Platinum Ranking at the 2024 ICCA Awards
16. April 1, 2024 Bank Jatim Takes Home 8 Awards at Once from Infobank
17. April 2, 2024 Bank Jatim Supports Construction of a Prayer Room in Probolinggo
18. April 4, 2024 Consistent Digital Innovation, Bank Jatim Wins Three Awards from Itech
19. April 22, 2024 Signing Cooperation with the East Java Provincial Government and CV Gratis Ongkir, Bank Jatim Encourages
Digitalization of Procurement of Goods/Services
20. April 24, 2024 Encouraging Increased Financial Inclusivity, Bank Jatim Facilitates Opening of Accounts for People with
Disabilities
21. April 24, 2024 Optimizing Health Services, Bank Jatim Provides Ambulances to PMI East Java
22. April 25, 2024 Simpeda National Lottery Successfully Held, Bank Jatim Consistently Becomes the Largest Fund Collector
23. April 26, 2024 Exploring KUB, Bank Jatim and Bank Banten Sign NDA
24. April 29, 2024 Adding Beauty to Probolinggo City, Bank Jatim Submits CSR for Revitalization of Jam Menara
25. May 2, 2024 Starting 2024, Bank Jatim Prints Excellent Performance
26. March 5, 2024 Supporting Financing Access to MSMEs, Bank Jatim Distributes KUR in Kampoeng Kreasi Activities
27. May 7, 2024 Bank Jatim Rehabilitates Pasuruan City Square Area
28. May 8, 2024 Steady with KUB! Bank Jatim Signs Shareholder Agreement with NTB Provincial Government and Bank NTB
Syariah
29. May 14, 2024 Prevent Stunting, Bank Jatim Distributes 120 Thousand Eggs to Lumajang Regency Government
30. May 15, 2024 Increase the Effectiveness of Regional Spending, Bank Jatim and Bondowoso Regency Government Launch
KKPD
31. May 16, 2024 Making Brilliant Achievements, Bank Jatim Wins Two Awards at Once
32. May 16, 2024 Beautify Sampang Regency, Bank Jatim Provides Assistance for Praseno Park Development
33. May 21, 2024 Caring for the Beauty of Pacitan Square, Bank Jatim Rehabilitates and Arranges Sidewalks
34. May 22, 2024 Improving Public Health, Bank Jatim Provides Assistance for 168 Latrines
35. May 28, 2024 Synergy with Ponorogo Regency Government, Bank Jatim Arranges Alun-Alun
36. May 29, 2024 Supporting Carbon Emission Reduction, Bank Jatim Wins Awards from Investortrust.id & BGK Foundation
502 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2024
No. Month Press Release
37. May 31, 2024 Successfully Maintaining Solid Performance, Bank Jatim Wins The Asian Post Best Regional Champion 2024
Award
38. May 31, 2024 Improving Economy and Education Quality, Bank Jatim Submits Two CSRs at Once
39. June 7, 2024 Eradicating Poverty, Bank Jatim Improves RTLH in Banyuwangi Regency
40. June 9, 2024 Improving Healthy Lifestyle, Bank Jatim Holds JConnect Run 2024
41. June 10, 2024 Massively Innovating, Bank Jatim Wins Award from Swa Magazine
42. June 19, 2024 Improving Competitiveness of MSMEs,
43. June 20, 2024 Bank Jatim Provides Product Packaging Equipment Assistance
44. June 21, 2024 Bank Jatim Wins Top Bank 2024 Award from The Iconomics
45. June 24, 2024 Bank Jatim Creates Livable Homes for Situbondo Community
46. June 25, 2024 First in East Java, Bank Jatim and RSUD Srengat Launch Bring Hardja
47. June 26, 2024 Expanding Market Network, Bank Jatim Facilitates Fostered MSMEs in Bali Trade Mission
48. June 27, 2024 Bank Jatim and Magetan Regency Government Encourage Electronification of Regional Financial Management
49. July 3, 2024 Bank Jatim Supports East Java Provincial Government in Distributing Aid to Thousands of Cigarette Factory
Employees
50. July 7, 2024 666th Anniversary of Ngawi, Bank Jatim Hands Over One Fire Engine to Ngawi Regency Government
51. July 11, 2024 Synergy Between Each Other, Bank Jatim and Bank Banten Discuss Continuation of Cooperation
52. July 12, 2024 Radar Surabaya Award 2024, Bank Jatim Named as Innovative and Expansive BUMD
53. July 13, 2024 Welcoming 63rd Anniversary, Bank Jatim Successfully Organizes Open Golf Tournament 2024
54. July 17, 2024 Increasing ETPD Implementation, Bank Jatim and Batu City Government Launch KKPD
55. July 18, 2024 Bank Jatim Revitalizes SWK Pinghay, Now Much More Comfortable and Organized
56. July 19, 2024 Improve the Welfare of Cigarette Factory Workers, Bank Jatim Supports the East Java Provincial Government in
Distributing BLT in Bojonegoro
57. July 22, 2024 Becoming a Bank Receiving Deposits for Hajj Pilgrimage Costs, UUS Bank Jatim Aggressively Encourages the
Young Hajj Movement
58. July 25, 2024 Successfully Improving Digital Banking & Supporting Local Media Development,
59. July 26, 2024 BJTM Wins Two Awards at Once
60. July 26, 2024 Celebration of East Java Province National Children's Day 2024,
61. July 26, 2024 BJTM Receives Award as Business World Cares for Children
62. July 31, 2024 Bank Jatim Receives Working Visit from Banten Provincial Government and Bank Banten, Discusses Potential
Business Synergy
63. August 2, 2024 Encouraging Economic Activity in East Java, Bank Jatim Distributes KUR in K-UKM Expo 2024 Activities
64. August 3, 2024 Facilitating Money Transfers for PMI, Bank Jatim Soft Launches JConnect Remittance Hongkong
65. August 8, 2024 Supporting the EKI Program Launched by OJK, BJTM Provides Tent Facilities and Jatim Agents to MSMEs in
Bojonegoro Regency
66. August 9, 2024 Asbanda Holds Simpeda Savings Draw, BJTM Consistently Becomes the Largest Simpeda Fund Collector
67. August 17, 2024 Supporting the Implementation of QRIS Services on Trans Jatim, Bank Jatim Receives Appreciation from the
East Java Provincial Transportation Agency
68. August 20, 2024 Adding Tourist Attraction to Blitar City, Bank Jatim Provides Assistance for the Construction of Airplane Replicas
and Pedestals at the PETA Museum
69. August 21, 2024 UUS bankjatim Launches Cash Waqf Linked Deposit (CWLD), the First in All UUS and BPD Sharia Commercial
Banks in Indonesia
70. August 24, 2024 The Peak of Bank Jatim's 63rd Anniversary Was Lively, Successfully Breaking the MURI Record and Distributing
CSR Assistance to People with Disabilities
71. August 27, 2024 Bank Jatim Wins First Place as the Bank Distributing the Largest Government Spending
PT Bank Pembangunan Daerah Jawa Timur Tbk 503
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07 Corporate
Governance
No. Month Press Release
72. August 30, 2024 Bank Jatim Hands Over One Ambulance Unit to the East Java BKD
73. September 4, 2024 Increasing Horticultural Productivity in Malang, Bank Jatim Signs an MoU with the Coordinating Ministry for
Economic Affairs of the Republic of Indonesia
74. September 7, 2024 Becoming the Winner of the 2023 ARA Award, BJTM Consistently Implements GCG
75. September 11, 2024 Bank Jatim Distributes Scholarships for Wijaya Putra University Students
76. September 11, 2024 Bank Jatim Supports Revitalization of Surabaya's Pasar Kembang
77. September 11, 2024 Expanding Market Access, Bank Jatim Facilitates Fostered MSMEs to Participate in Trade Missions in Medan
78. September 13, 2024 Improving Services for PPKS, Bank Jatim Submits CSR to the East Java Social Service
79. September 13, 2024 Supporting the Implementation of Good Governance & Prevention of Data Security Crimes, Bank Jatim Holds a
Panel Discussion with BIN East Java
80. September 15, 2024 Successfully Attended by 3,200 Runners, Bank Jatim JConnect Run Passes Surabaya's Iconic Historic Route
81. September 17, 2024 Revitalization of Malang City Square is Underway,
82. September 19, 2024 Bank Jatim Wins Awards at the 2024 Merdeka Awards
83. September 20, 2024 Optimizing Health Services, Bank Jatim Disburses IDR 75 Billion in BLUD Credit to Kediri District Hospital
84. September 24, 2024 Welcoming the Anniversary of East Java Province, Bank Jatim Supports the Implementation of the 2024 Job Fair
85. September 25, 2024 Bank Jatim Wins Two Awards at Once at the 2024 CNN Awards
86. September 26, 2024 Holding the 2024 EGMS, Bank Jatim Strengthens KUB with Bank Banten and Appoints New Independent
Commissioners
87. September 27, 2024 Market Quality Assets, Bank Jatim Holds Exciting 2024 Auction
88. September 30, 2024 Trans Jatim Corridor V Launched, Bank Jatim Provides Easy Access to Banking
89. September 30, 2024 Bank Jatim Aggressively Expands Collaboration Network, Signs Several MoUs at Once
90. September 30, 2024 Bank Jatim Aggressively Expands Collaboration Network, Signs Several MoUs at Once
91. October 8, 2024 Consistently Implementing ESG, BJTM Wins Award from CNBC
92. October 13, 2024 Jifest 2024 Held, Successfully Records the Opening of Thousands of New Accounts
93. October 14, 2024 Overcoming the Problem of Excessive Gas Emissions, Bank Jatim Gives 50 Electric Bikes to Unair
94. October 14, 2024 Supporting MSMEs to the Global Stage, Bank Jatim Holds Trade Connect Summit 2024
95. October 16, 2024 ATM Bersama Award 2024: Bank Jatim Successfully Becomes The Most Transaction Growth
96. October 17, 2024 Haornas 2024, Bank Jatim Receives Appreciation from the East Java Provincial Government in the Field of
Volleyball Sports
97. October 17, 2024 Strengthening Synergy, Bank Jatim and the East Java Regional Police Sign a Cooperation Agreement
98. October 18, 2024 Massively Distributing CSR, Bank Jatim Receives Appreciation at the Peak of the HKJS 2024 Commemoration
99. October 18, 2024 Encouraging MSME Business Development, Bank Jatim Successfully Holds Diskofest 2024
100. October 22, 2024 Excellent Performance, Bank Jatim Takes Home Two Awards at Once from The Finance
101. October 24, 2024 Bank Jatim Wins Platinum Award - Best Issuer Bank (ATM) at the 2024 Prima Awards
102. October 25, 2024 Supporting the Electronification of Regional Financial Management, Bank Jatim and Pamekasan Regency
Establish Synergy
103. October 30, 2024 Bank Jatim Conducts Mass Credit Agreement with Sugarcane Farmers, Value Reaches IDR 24 Billion
504 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2024
No. Month Press Release
104. November 5, 2024 Strengthening KUB, Bank Jatim Signs MoU and NDA with Bank NTT
105. November 8, 2024 Bank Jatim Signs Shareholder Agreement with Lampung Provincial Government and Bank Lampung
106. November 10, 2024 Gemerlak Unarik Tabungan Simpeda Successfully Held, Total Prize Reaches IDR 6.65 Billion
107. November 12, 2024 KPID East Java Names Bank Jatim as BUMD Caring About Broadcasting
108. November 14, 2024 Supporting the Progress of MSMEs, Bank Jatim Distributes CSR to Pamekasan Regency Government
109. November 15, 2024 Bank Jatim's International Banking Transactions Develop Rapidly, Busrul Iman Awarded as Best CEO
110. November 15, 2024 Bank Jatim and Bank Sultra Officially Establish KUB Synergy
111. November 19, 2024 Bank Jatim Submits CSR for Painting the Walls of Sultan Abdul Kadirun Sports Hall to Bangkalan Regency
Government
112. November 21, 2024 Achieving Gold Rank in ASRRAT 2024, Bank Jatim Consistently Implements Sustainable Business
113. November 22, 2024 Improving Eye Health Services, Bank Jatim Submits CSR for Operational Cars to RSMM East Java
114. November 25, 2024 Detik Jatim Awards 2024 Held, Bank Jatim Wins Award as Accelerator for MSME Development
115. November 26, 2024 Realizing National Food Self-Sufficiency, Bank Jatim and Ministry of Agriculture Synergize Through Agricultural
Machinery Business Credit
116. November 29, 2024 Bank Jatim President Director Named Banker of The Year 2024
117. November 29, 2024 Supporting OPOP Expo 2024, UUS Bank Jatim Distributes Sharia KUR
118. December 3, 2024 Caring for the South Malang Disaster, Bank Jatim Distributes Aid to Victims
119. December 3, 2024 Increasing Exports, Bank Jatim and the Ministry of Trade Sign a Cooperation Agreement
120. December 4, 2024 Meeting Clean Water Needs, Bank Jatim Synergizes with IZI for the Drought Care Program
121. December 5, 2024 Commemorating East Java International Day of Persons with Disabilities,
122. December 9, 2024 Bank Jatim Wins Award from the Provincial Government
123. December 11, 2024 Improving Health Services, Bank Jatim Hands Over CSR Ambulance to the Haji Regional Hospital of East Java
Province
124. December 12, 2024 Prevent Stunting, Bank Jatim Submits CSR for Formula Milk Procurement to Jombang Regency Government
125. December 12, 2024 Signing Shareholder Agreement, Bank Jatim and Bank Banten Continue KUB Process
126. December 13, 2024 UUS Bank Jatim Successfully Wins Three Awards at Once from BPKH
127. December 17, 2024 Bank Jatim and Bank NTT Strengthen Cooperation in Organizing Biller Sharing
128. December 18, 2024 Realizing Corporate Social Responsibility to the Environment, Bank Jatim Distributes CSR to Two Regency
Governments at Once
129. December 18, 2024 As a Form of Gratitude to Customers, BJTM Holds Multipurpose Credit Draw with Umrah Prizes
130. December 19, 2024 Towards the End of 2024, Bank Jatim President Director Wins Award from Warta Ekonomi
131. December 21, 2024 Bank Jatim President Director Receives Award from Unair Postgraduate School
132. December 21, 2024 Jatimers Run To Care Held Again, Bank Jatim Submits Donation to Bina Karya Mandiri Foundation
133. December 23, 2024 Supporting the 3 Million Houses Program, Bank Jatim Signs PKS for FLPP Prosperous KPR Program and Tapera
Financing 2025
134. December 24, 2024 Sign SHA, Bank Sultra Officially Becomes the Fifth Bank to Form a KUB with Bank Jatim
PT Bank Pembangunan Daerah Jawa Timur Tbk 505
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07 Corporate
Governance
Transparency of Report Submission
Bank Jatim is always committed to being transparent in submitting reports, both periodic and incidental reports. The reports that
have been submitted by Bank Jatim for 2024 are as follows.
Periodic Report
No. Type of Report Goals Report Period Total
1. Securities Holder Registration Report BEI and OJK Monthly 12
2. Foreign Exchange Debt Report BEI and OJK Monthly 12
3. Annual report BEI and OJK Annual 1
Incidentile Report
No. Date Letter Number Objective Regarding
Request for Explanation from Issuers and Other Public
1. January 3, 2024 062/01/CSE/CMAI/Srt BEI and OJK
Companies
2. January 3, 2024 062/02/CSE/CMAI/Srt BEI and OJK Changes in the Audit Committee
Changes in the Nomination and Remuneration Committee of
3. January 3, 2024 063/04/CSE/CMAI/Srt BEI and OJK
the Issuer or Public Company
4. January 8, 2024 063/03/CSE/CMAI/Srt BEI and OJK Monthly Report on the Registration of Securities Holders
Submission of Amendments to the Agenda of the Annual
5. January 10, 2024 063/17/CSE/CMAI/Srt BEI and OJK
General Meeting of Shareholders
Changes in the Members of the Board of Directors and/or
6. January 11, 2024 063/20/CSE/CMAI/Srt BEI and OJK
Board of Commissioners
7. January 16, 2024 063/16/DIR/CSE/Srt BEI and OJK Notice of the Annual General Meeting of Shareholders
Request for Explanation from Issuers and Other Public
8. January 16, 2024 063/23/CSE/CMAI/Srt BEI and OJK
Companies
9. January 16, 2024 063/05/CSE/CMAI/Srt BEI and OJK Submission of Proof of Advertisement for the AGM Notice
10. January 16, 2024 063/15/DIR/CSE/Srt BEI and OJK Submission of the Annual and Sustainability Report
11. January 17, 2024 063/08/DIR/CSE/Srt BEI and OJK Request for Explanation from Issuers and Other Public Companies
12. January 17, 2024 063/128/AMK/AAPK/SRT BEI and OJK Submission of Financial Statements
Submission of Proof of Advertisement for Annual Financial
13. January 25, 2024 063/225/AMK/AAPK/SURAT BEI and OJK
Report Information
14. February 06, 2024 063/9/CSE/CMAI/Srt BEI and OJK Submission of the Annual and Sustainability Report (Correction)
15. February 06, 2024 063/10/CSE/CMAI/Srt BEI and OJK Monthly Report on the Registration of Securities Holders
16. February 06, 2024 063/46/CSE/CMAI/Srt BEI and OJK Request for Explanation from Issuers and Other Public Companies
Summary of the Minutes of the Annual General Meeting of
17. February 13, 2024 063/51/CSE/CMAI/Srt BEI and OJK
Shareholders
Disclosure of Information Regarding Corporate Action – Cash
18. February 13, 2024 063/11/CSE/CMAI/Srt BEI and OJK
Dividend –13022024
19. February 13, 2024 063/12/CSE/CMAI/Srt BEI and OJK Submission of Proof of Advertisement for AGM Results
20. February 28, 2024 063/106/CSE/CMAI/Srt BEI and OJK Clarification on Media Reports
21. February 28, 2024 063/107/CSE/CMAI/Srt BEI and OJK Minutes of the Annual General Meeting of Shareholders
22. March 04, 2023 063/13/CSE/CMAI/Srt BEI and OJK Monthly Report on the Registration of Securities Holders
Request for Explanation from Issuers and Other Public
23. March 06, 2023 063/111/CSE/CMAI/Srt BEI and OJK
Companies
Submission of Proof of Advertisement for the Signing of the
24. March 07, 2023 063/14/CSE/CMAI/Srt BEI and OJK
Memorandum of Understanding with Bank Banten
506 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2024
No. Date Letter Number Objective Regarding
Request for Explanation from Issuers and Other Public
25. March 13, 2023 063/113/CSE/CMAI/Srt BEI and OJK
Companies
Request for Explanation from Issuers and Other Public
26. April 4, 2024 063/185/CSE/CMAI/Srt BEI and OJK
Companies
27. April 4, 2024 063/18/CSE/CMAI/Srt BEI and OJK Monthly Report on the Registration of Securities Holders
28. April 5, 2024 063/188/CSE/CMAI/Srt BEI and OJK Submission of the Fit and Proper Assessment Report
Submission of Proof of Advertisement for Interim Financial
29. April 30, 2024 063/449/AMK/AAPK/SRT BEI and OJK
Report Information
30. May 06, 2024 063/217/CSE/CMAI/Srt BEI and OJK Request for Explanation from Issuers and Other Public Companies
31. May 06, 2024 063/15/CSE/CMAI/Srt BEI and OJK Monthly Report on the Registration of Securities Holders
Request for Explanation from Issuers and Other Public
32. May 30, 2024 063/273/CSE/CMAI/Srt BEI and OJK
Companies
Report on Share Ownership or Any Changes in Share
33. May 31, 2024 063/153/DIR/CSE/Srt BEI and OJK
Ownership of a Public Company
Report on Share Ownership or Any Changes in Share
34. May 31, 2024 063/158/DIR/CSE/Srt BEI and OJK
Ownership of a Public Company
Report on Share Ownership or Any Changes in Share
35. May 31, 2024 063/85/DKM/Srt BEI and OJK
Ownership of a Public Company
Report on Share Ownership or Any Changes in Share
36. May 31, 2024 063/155/DIR/CSE/Srt BEI and OJK
Ownership of a Public Company
Report on Share Ownership or Any Changes in Share
37. May 31, 2024 063/156/DIR/CSE/Srt BEI and OJK
Ownership of a Public Company
Report on Share Ownership or Any Changes in Share
38. May 31, 2024 063/157/DIR/CSE/Srt BEI and OJK
Ownership of a Public Company
Report on Share Ownership or Any Changes in Share
39. May 31, 2024 063/154/DIR/CSE/Srt BEI and OJK
Ownership of a Public Company
Request for Explanation from Issuers and Other Public
40. June 05, 2024 063/295/CSE/CMAI/Srt BEI and OJK
Companies
41. June 05, 2024 063/16/CSE/CMAI/Srt BEI and OJK Monthly Report on the Registration of Securities Holders
42. June 05, 2024 063/296/CSE/CMAI/Srt BEI and OJK Clarification on Transaction Volatility
Report on Share Ownership or Any Changes in Share
43. June 24, 2024 063/177/DIR/CSE/Srt BEI and OJK
Ownership of a Public Company
Planned Submission of the Audited Q2 2024 Financial
44. July 03, 2024 063/185/DIR/AMK/Surat BEI and OJK
Statements
45. July 05, 2024 063/19/CSE/CMAI/Srt BEI and OJK Monthly Report on the Registration of Securities Holders
Request for Explanation from Issuers and Other Public
46. July 05, 2024 063/393/CSE/CMAI/Srt BEI and OJK
Companies
47. July 15, 2024 063/423/CSE/CMAI/Srt BEI and OJK Submission of the Fit and Proper Assessment Report
48. August 12, 2024 063/21/CSE/CMAI/Srt BEI and OJK Monthly Report on the Registration of Securities Holders
Request for Explanation from Issuers and Other Public
49. August 12, 2024 063/459/CSE/CMAI/Srt BEI and OJK
Companies
Submission of the Agenda for the Extraordinary General
50. August 12, 2024 063/250/DIR/CSE/Srt BEI and OJK
Meeting of Shareholders
Notification of the Plan for the Extraordinary General Meeting
51. August 20, 2024 063/256/DIR/CSE/Srt BEI and OJK
of Shareholders
52. August 20, 2024 063/22/DIR/CSE/Srt BEI and OJK Submission of Proof of Advertisement for the AGM Notification
Capital Participation for the Establishment of a Banking Group
53. August 20, 2024 063/573/CSE/CMAI/Srt BEI and OJK (KUB) between PT Bank Pembangunan Daerah Jawa Timur Tbk
and PT Pembangunan Daerah Nusa Tenggara Barat Syariah
Request for Explanation from Issuers and Other Public
54. August 21, 2024 063/577/CSE/CMAI/Srt BEI and OJK
Companies
55. September 4, 2024 063/24/CSE/CMAI/Srt BEI and OJK Monthly Report on the Registration of Securities Holders
PT Bank Pembangunan Daerah Jawa Timur Tbk 507
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No. Date Letter Number Objective Regarding
56. September 4, 2024 063/264/DIR/CSE/Srt BEI and OJK Notice of the Extraordinary General Meeting of Shareholders
September 30,
57. 063/26/CSE/CMAI/Srt BEI and OJK Submission of Proof of Advertisement for the AGM
2024
Summary of the Minutes of the Extraordinary General Meeting
58. October 03, 2024 063/27/CSE/CMAI/Srt BEI and OJK
of Shareholders (Correction)
59. October 04, 2024 063/28/CSE/CMAI/Srt BEI and OJK Monthly Report on the Registration of Securities Holders
60. October 04, 2024 063/653/CSE/CMAI/Srt BEI and OJK Announcement of Negotiations for the Planned Acquisition
61. October 11, 2024 063/668/CSE/CMAI/Srt BEI and OJK Clarification on the Exchange’s Request for Explanation
Effectiveness of the Capital Participation Transaction for the
Banking Group (KUB) between PT Bank Pembangunan Daerah
62. October 14, 2024 063/699/CSE/CMAI/Srt BEI and OJK
Jawa Timur Tbk and PT Bank Pembangunan Nusa Tenggara
Barat Syariah
63. October 17, 2024 063/702/CSE/CMAI/Srt BEI and OJK Minutes of the Extraordinary General Meeting of Shareholders
64. October 25, 2024 063/722/CSE/CMAI/Srt BEI and OJK Plan for the Annual Public Expose
Submission of Proof of Advertisement for Interim Financial
65. October 30, 2024 063/1000/AMK/AAPK/SRT BEI and OJK
Report Information
Submission of the Agenda for the Extraordinary General
66. October 30, 2024 063/388/DIR/CSE/Srt BEI and OJK
Meeting of Shareholders
Notification of the Plan for the Extraordinary General Meeting
67. November 4, 2024 063/396/DIR/CSE/Srt BEI and OJK
of Shareholders
68. November 4, 2024 063/29/CSE/CMAI/Srt BEI and OJK Submission of Proof of Advertisement for the AGM Notification
69. November 5, 2024 063/30/CSE/CMAI/Srt BEI and OJK Monthly Report on the Registration of Securities Holders
70. November 5, 2024 063/31/CSE/CMAI/Srt BEI and OJK Submission of Materials for the Annual Public Expose
71. November 12, 2024 063/744/CSE/CMAI/Srt BEI and OJK Submission of the Fit and Proper Assessment Report
Request for Explanation from Issuers and Other Public
72. November 12, 2024 063/745/CSE/CMAI/Srt BEI and OJK
Companies
73. November 13, 2024 063/32/CSE/CMAI/Srt BEI and OJK Report on the Results of the Annual Public Expose
74. November 19, 2024 063/422/DIR/CSE/Srt BEI and OJK Notice of the Extraordinary General Meeting of Shareholders
75. November 19, 2024 063/33/CSE/CMAI/Srt BEI and OJK Submission of Proof of Advertisement for the AGM Notice
Request for Explanation from Issuers and Other Public
76. November 19, 2024 063/755/CSE/CMAI/Srt BEI and OJK
Companies
77. December 5, 2024 063/34/CSE/CMAI/Srt BEI and OJK Monthly Report on Securities Registration
Summary of the Minutes of the Extraordinary General Meeting
78. December 13, 2024 063/470/DIR/CSE/Srt BEI and OJK
of Shareholders
79. December 13, 2024 063/35/CSE/CMAI/Srt BEI and OJK Submission of Proof of Advertisement for the AGM Results
80. December 31, 2024 063/502/DIR/CSE/Srt BEI and OJK Changes in the Audit Committee
Changes in the Nomination and Remuneration Committee of
81. December 31, 2024 063/36/CSE/CMAI/Srt BEI and OJK
the Issuer or Public Company
508 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Code of Conduct Scope of Code of Conduct
The Code of Conduct or Corporate Culture is a guideline that The Code of Conduct of Bank Jatim is regulated under the Board
functions as: of Directors Decree of PT Bank Pembangunan Daerah Jawa Timur
1. Codification or compilation of policies, employee Tbk No. 063/03/30/DIR/HCP/KEP dated February 29, 2024,
regulations that set standards of behavior both for concerning the Standard Operating Procedure (SOP) on Conduct,
Management and Employees in realizing GCG and the Work Ethics, and Business Ethics of PT Bank Pembangunan Daerah
Bank’s work culture. Jawa Timur Tbk. The implementation of the Code of Conduct
2. Reference for every Bank employee in good and is a necessity aimed at establishing governance as a corporate
professional behavior to regulate themselves based on culture, which is measured through guidelines on conduct, work
mutual interests with all stakeholders. ethics, and business ethics. The Code of Conduct serves as the
3. The basis for determining service products and various primary reference for the attitudes and actions that Bank Jatim
activities carried out by the Bank are deemed to have personnel must adhere to and those that must be avoided in their
fulfilled the specified code of conduct, work ethics and daily activities within the Bank Jatim environment. This means
business. that management and employees must comply with and uphold
4. Reference to maintain a good relationship between the the Code of Conduct enforced at Bank Jatim.
Bank’s personnel and related external parties based on
GCG principles and the application of behavior, work ethics The scope of the Code of Conduct includes:
and business. The implementation of the Code of Conduct 1. Company Relations with Stakeholders such as guidelines
is a must and must be obeyed by every Bank employee for the Bank’s organs and all employees
consistently showing that the Bank upholds cultural values 2. Internal Environmental Behavior (Board of Commssioners,
as well as business ethics and behavior in carrying it out. Board of Directors, and employees) with the external
As a code of conduct, and work and business ethics of the environment, for example conflicts of interest, giving and
Bank, the Code of Conduct is in line with the vision and receiving gifts and donations, compliance with regulations,
mission to be achieved by the Bank and supported by and confidentiality of information.
values that are upheld in accordance with the prevailing
corporate culture.
Principals of Code of Conduct
The main points of the Code of Ethics contain work ethics and business ethics. Work ethics and business ethics includes the following
aspects:
Work Ethics
Handling of Conflict of Interest In carrying out business activities that refer to the principles of Good Corporate Governance,
the Bank is required to manage conflicts of interest. Conflict of interest management is
aimed at creating a work climate that always puts the interests of the Bank ahead of personal
interests and improves good relations with suppliers, customers, and other stakeholder
parties. Handling of conflicts of interest to refer to the applicable internal provisions
Gratification Control a. All Bank Officials and Employees are prohibited from giving or promising gratuities
either directly or indirectly, which are considered as giving bribes to civil servants
or State administrators if the gift relates to their position and is contrary to their
obligations or duties;
b. All Bank Officers and Employees are prohibited from receiving and soliciting gratuities
that are considered bribes either directly or indirectly from any party in order to comply
with policies/ decisions/treatment of Bank officials and employees according to their
position, authority, and responsibility;
c. All Bank Officers and Employees are required to reject gratuities that are considered
bribes, whether received directly or indirectly;
d. Categories and procedures for reporting gratuities are regulated in more detail in the
applicable regulations
PT Bank Pembangunan Daerah Jawa Timur Tbk 509
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Work Ethics
Political Activities a. The Bank guarantees and respects the rights of the Bank’s management and employees
to exercise their political rights in accordance with the provisions of the applicable laws
and regulations. Banks will not impose their will/limit the rights of management and
bank employees as individuals to be able to channel their political aspirations;
b. Its management and Bank employees individually can convey political aspirations freely
without pressure from any party in accordance with the applicable laws and regulations;
c. Prohibited activities:
1. Management and Bank Employees are prohibited from becoming administrators of
political parties and/or/candidates/members of the legislature;
2. Bank management and employees are prohibited from participating in election
campaigns and/or being election campaign executors;
3. Bank Management and Employees are prohibited from providing donations and
other assistance in any form including the use of facilities and infrastructure owned
by the Bank for Presidential Elections, Regional Head Elections and members of
the legislature;
4. Pursuant to the Law on Elections, members of the DPR, DPD and DPRD,
management and employees of banks who become campaigners can be subject to
criminal sanctions and imprisonment as provided for in the applicable laws.
d. Resignation and Cessation from Political Activities
Resignation and Bank employees who become Executives of Political Parties/and/
or become candidates/ members of the legislature are required to resign and/or be
dismissed from their respective positions and obtain rights according to the Bank’s
internal provisions that apply.
Bussiness Ethics
Bank Ethics with Employees Bank Ethics with employees can be conveyed as follows:
a. Fairness of treatment of Bank employees;
b. Assignments and Employee Activities Outside the Bank;
c. Prohibition of Employee Involvement in Bank Securities Business Activities;
d. Employee Discipline;
e. Work environment;
f. Employee Aspiration Channel;
Bank Ethics with Customers a. Offering products and services according to predetermined quality standards;
b. Providing the best service to customers and following up on customer complaints fairly
without discrimination;
c. Carrying out continuous promotions in a healthy, fair, honest, non-misleading manner
and accepted by applicable norms to achieve customer satisfaction and trust
Bank Ethics with Goods and Service Providers a. The selection of goods and services providers must be based on an assessment of
capabilities, achievements, and based on compliance and objectivity in the fields of
price standards, quality, availability, requirements and services provided by partners/
suppliers;
b. Banks do not treat goods and services providers who have become customers of the
Bank in a special way;
c. Carry out payments to providers of goods and services on time as long as the invoice
issued is accompanied by supporting documents and is in accordance with the agreed
amount;
d. Imposing sanctions on goods and services providers who commit violations;
e. Maintaining good communication with providers of goods and services including
following up on complaints and objections;
f. Utilizing good relations with providers of goods and services as an intelligent market
and intelligent competitor;
g. Applying the latest goods and services procurement technology;
h. Every Bank employee is prohibited from asking for and/or receiving compensation,
both financial and non f inancial for personal gain;
i. Goods and service providers are advised to understand and follow Bank regulations
relating to procurement and services from external parties;
j. Other provisions regarding the procurement of goods and services refer to the
provisions stipulated by the General Division.
Bank Ethics With Competitors a. The Bank complies with the provisions of the anti-monopoly law;
b. Conduct market research to find out competitors’ positions;
c. Carrying out fair and competitive competition by prioritizing the excellence of quality
products and services.
Bank Ethics with Work Partners a. Making mutually beneficial cooperation agreements with partners;
b. Uphold agreed rules and procedures;
c. Prioritizing the achievement of optimal results according to the best standards;
d. Building intensive communication with work partners to continuously improve
performance on an ongoing basis.
510 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Bussiness Ethics
Bank Ethics with the Government and Regulators a. Employees are required to study, understand and comply with all provisions, policies
and/or/ regulations both internal and external including the provisions of BI, OJK and
applicable laws and regulations of other authorities and regulators;
b. Employees must be aware not to cooperate with customers and/or active parties who
violate the law;
c. Deviations, negligence or employee violations of internal and external provisions,
policies and regulations including BI, OJK and applicable laws and regulations as well as
other authorities and regulatory provisions are subject to sanctions in accordance with
applicable procedures;
d. Fostering good relations and communication with the Central and Regional
Governments, the Financial Services Authority, Bank Indonesia and other external
parties;
e. Applying the best standards (best practices) by taking into account the applicable
regulations regarding the quality of services, products and services, health, safety, and
the environment;
f. Avoid practices of Corruption, Collusion and Nepotism (KKN) in dealings with the
Government and Regulators.
Bank Ethics with Society a. Development in the social sector, namely activities that have an impact on improving
the quality of social life, culture, religion, and social welfare;
b. Supporting environmental preservation efforts;
c. Community economic development;
d. Incidental activities.
Bank Ethics With Mass Media a. Providing relevant and balanced information to the mass media, both general, specific,
strategic and sensitive information;
b. The Bank appoints a spokesperson who represents the Bank in communicating with the
media, namely:
1. President Director and Director;
2. Corporate Secretary;
3. Branch Manager.
c. The Bank’s communication tools with the mass media consist of press conferences,
press releases, interviews and media inquiries;
d. Accept and follow up on constructive criticism conveyed through the mass media, but
still pay attention to the aspects of risk and costs.
Bank Ethics with Professional Organizations a. Make mutual agreements regarding ethical standards that apply to fellow members of
professional and regulatory organizations;
b. Uphold the attitude of partnership and equality towards fellow members of
professional and regulatory organizations
Compliance with Code of Conduct a. Printed advertising (posters, banners, hanging banners,
stickers, and mica standing)
The Code of Conduct applies to all management and employees b. Other campaigns include agendas, mouse pads, flash
in carrying out the company’s business activities and in drives, paper fans, umbrellas, tumblers, power banks,
interactions between the Board of Commissioners, Board of and clothes pins.
Directors, and employees with all stakeholders. The company 1.1 One form of risk culture campaign
requires the signing of an Integrity Pact, which must then be is through the use of a pain on the
left of the uniform.
implemented with the utmost commitment. The successful
implementation of the Code of Conduct is the responsibility of
all leaders within their respective work units.
Pic 1.1
Dissemination of Code of Conduct
Facilities for the dissemination of Code of Conduct are as c. Portal and Corporate Identity
follows: d. Quiz
1. Human Capital Portals e. Social media
2. Compliance Portal - Employee Involvement Campaign including the
3. Integrity Pact Expression songwriting contest
4. Campaign Program, includes: - Leaders Talks Values
PT Bank Pembangunan Daerah Jawa Timur Tbk 511
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Efforts for Implementation and Enforcement of The types of sanctions for violating the code of ethics are as
the Code of Conduct follows:
1. Sanctions for Code Violation
Implementation of the code of ethics is an obligation for the a. Sanctions for Violation of Rules in the Form of Guidance
management and employees of the Bank. This code of conduct • Verbal Reprimand
will always be used as a guide in the preparation of policies, • Reminder Letter
manuals/ procedures and management practices. Bank Jatim b. Sanctions for Violation of Rules in the Form of
regularly monitors compliance with the Code of Conduct In order Disciplinary Penalties
to build commitment to the implementation of the code of ethics, • Sanctions for Misuse of Bank Secrets and Data and
all management and employees will apply the code of ethics with Activities that Endanger the Bank’s Bussines
commitment and consistency, which is documented through the • Sanctions for Discipline
signing of the Integrity Pact or Statement of Attitudes of Bank • Sanctions for Disciplinary Violation
Jatim personnel regarding the implementation of the Code of 2. Criteria for Disciplinary Violations
Conduct. This integrity pact is valid until the person concerned is a. Violation of Authority & Procedure
not actively working at Bank Jatim. b. On purpose
c. Financial
Types of Sanctions for Violations of the Code of 3. Categories of Disciplinary Violations
Ethics a. Category I - Light Office Punishment
b. Category II - Medium Position Penalty
Sanctions for violations of the Code of Conduct are regulated c. Category III - Severe Office Penalties
under the Board of Directors Decree of PT Bank Pembangunan 4. Types of Disciplinary Punishment
Daerah Jawa Timur Tbk No. 062/03/34/DIR/HCP/KEP dated a. Category I - Minor Position Penalty:
May 24, 2023, concerning the Standard Operating Procedure • Written Warning
on Employee Punishment. Sanctions will be imposed on any • Unsatisfied Statement
Bank Jatim employee who are proven to have committed a b. Category II - Moderate Position Sanctions
violation, provided that the violation has been legally and validly • Demotion of Personal Grade by 1 Level
established. New sanctions can be determined after the type of • Demotion of Personal Grade by 2 Level
violation is known. All types of administrative sanctions in the c. Category III - Heavy Service Penalties
form of mild, moderate, or severe sentence are determined by a • 1 (one) Level Demotion
Decree of the Board of Directors, and the person concerned will • 2 (two) Levels of Demotion
lose the opportunity to attend education/training funded by the • Revocation of Mandates for Position Holders
Bank as long as the person concerned has not finished serving • Disrespectful Termination
and is receiving rehabilitation from the Board of Directors.
Number of Violations and Sanctions Given
No. Branch/Division Case Number Involved Sanctions
1. Branch Violation of Operational Procedures 1 Termination with Dishonor
2. Warning Letter 1
3. Warning Letter 1
4. Warning Letter 1
Branch Fraud Related to Customer Funds 6
5. Warning Letter 1
6. Warning Letter 1
7. Termination with Dishonor
8. Branch Credit Procedure Violation 1 Termination with Dishonor
512 PT Bank Pembangunan Daerah Jawa Timur Tbk
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No. Branch/Division Case Number Involved Sanctions
9. Demotion of Personal Grade by 2 Levels
10. Demotion of Personal Grade by 1 Levels
Branch Credit Procedure Violation 4
11. Demotion of Personal Grade by 1 Levels
12. Demotion of Personal Grade by 1 Levels
13. Branch Credit Procedure Violation 1 Demotion by 1 Level
Violation of Employee Code of
14. Division 1 Statement of Dissatisfaction
Conduct
15. Demotion by 1 Level
Branch Violation of Operational Procedures 2
16. Written Warning
17. Demotion by 1 Level
Branch Fraud Related to Customer Funds 2
18. Warning Letter 1
19. Termination with Dishonor
20. Branch Violation of Operational Procedures 3 Demotion of Personal Grade by 2 Levels
21. Warning Letter 1
22. Demosi 2 Tingkat
23. Branch Fraud Related to Customer Funds 3 Warning Letter 1
24. Warning Letter 1
25. Branch Fraud Related to Customer Funds 1 Termination with Dishonor
26. Demotion of Personal Grade by 2 Levels
Branch Violation of Operational Procedures 2
27. Warning Letter 1
28. Warning Letter 1
Branch Violation of Operational Procedures 2
29. Warning Letter 1
30. Termination with Dishonor
31. Termination with Dishonor
Branch Violation of Operational Procedures 4
32. Statement of Dissatisfaction
33. Statement of Dissatisfaction
34. Statement of Dissatisfaction
Violation of Employee Code of
Branch 2
Conduct
35. Statement of Dissatisfaction
36. Termination with Dishonor
37. Demotion of Personal Grade by 1 Levels
38. Demotion of Personal Grade by 2 Levels
39. Branch Credit Procedure Violation 7 Demotion of Personal Grade by 2 Levels
40. Written Warning
41. Written Warning
42. Statement of Dissatisfaction
43. Branch Credit Procedure Violation 1 Demotion by 2 Level
Violation of Employee Code of
44. Branch 1 Written Warning
Conduct
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No. Branch/Division Case Number Involved Sanctions
45. Termination with Dishonor
46. Demotion of Personal Grade by 2 Levels
47. Statement of Dissatisfaction
48. Branch Violation of Operational Procedures 7 Statement of Dissatisfaction
49. Statement of Dissatisfaction
50. Statement of Dissatisfaction
51. Warning Letter 1
52. Termination with Dishonor
53. Branch Credit Procedure Violation 3 Statement of Dissatisfaction
54. Warning Letter 1
55. Written Warning
56. Branch Credit Procedure Violation 3 Statement of Dissatisfaction
57. Demotion of Personal Grade by 2 Levels
58. Branch Violation of Employee Code of Conduct 1 Written Warning
59. Division Violation of Employee Code of Conduct 1 Written Warning
60. Warning Letter 1
Branch Violation of Employee Code of Conduct 2
61. Warning Letter 1
Performance-Based Long-Term employee which in turn will also improve overall corporate
Compensation Policy performance, so that there is an increase in company value.
which can be enjoyed by the Company’s stakeholders.
The provision of long-term performance-based compensation
is granted by the Bank in the Employee and/or Management Total Share and/or Option
Stock Ownership Program (ESOP/MSOP).
Bank Jatim holds an Employee Stock Allocation (ESA) program
Share Ownership Program by Employees and/ by allocating shares as much as 10% (ten percent) of the total
or Management (ESOP/MSOP) issuance of Shares Offered and issuing Stock options for the
Management and Employee Stock Option Plans (MESOP)
Bank Jatim held a share ownership program by employees program as much as 0, 71% (zeropoint seven one percent) of the
and management based on the resolution of the Company’s total issued and fully paid-up capital after the Public Offering.
General Meeting of Shareholders on March 19, 2012 which was
then stated in Deed No. 89 dated April 25, 2012. Period of Implementation
Purpose of Employee Stock Allocation (ESA) and The Implementation Period is determined following the
Management Employee Stock Option Plans (MESOP) provisions of Registration Regulation No. I-A attached to the
Decree of the Board of Directors of the Jakarta Stock Exchange
The main objective of the Company’s Management and No.Kep-305/ BEJ/07-2004 dated July 19, 2004, namely a
Employee Share Ownership Program is that the management maximum of 2 (two) implementation periods per year with
and employees of the Company have a sense of belonging the provision that each implementation period will be open
and are expected to increase the work productivity of each for 30 (thirty) Exchange days. The MESOP program will be
implemented following the applicable laws and regulations.
514 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Requirements for Employee and/or Entire shares, their account will be blocked for payment in
Management cash on the date of the highest payment price
d. Requirements for buying Certain Allotment Shares:
EMPLOYEE STOCK ALLOCATION (ESA) - Has worked for 1 (one) year starting from April 30,
ESA is a share allocation program for employees, in this 2012
program Bank Jatim provides a special allocation or percentage - Not in the suspension status
for employees to own Bank Jatim shares. The ESA program can - Certain Allotment is as much as 7 times Employee’s
be seen in several companies when they are about to conduct salary.
an Initial Public Offering (IPO). The price for implementing the - Certain Allotment Shares are subject to “Lock-up”
ESA program is the same as the bid price at the time of the IPO. for 3 months.
The share allocation for the ESA program consists of: The procedures to obtain shares in the ESA program are as
• Award Shares, namely the provision of shares to employees follows:
as an Award. • For Award Shares, Program Participants will obtain a free
• Certain Allotment Shares, namely the allocation of share allocation of Award Shares on the date of allotment of
ownership to employees in the form of purchasing certain shares for the Initial Public Offering of the Bank’s Shares.
shares of IPO according to the limit. Program Participants will obtain a Share Allotment
Confirmation Form.
Participants who can be included in the share ownership • For Certain Allotment Shares, Program Participants
program or ESA program are as follows: who wish to buy shares offered for the certain allotment
• Employees who have worked for 1 (one) year starting from submit an order for maximum Certain Allotment Shares
April 30, 2012. in accordance with the amount allocated on behalf of the
• Not in the status of being sanctioned by position/skorsing. Participant. At the time of ordering the Certain Allotment
Shares, Participants must provide full price payment funds
If the total shares allocated in the ESA program are not fully in accordance with the amount ordered. Participants
distributed, the remainder will be offered to the community. must provide power of attorney to PT Bahana Sekuritas
Provisions for the implementation of ESA program are as to sign the Share Purchase Order Form (FPPS) on behalf
follows: of the Ordering Party. On the date of allotment of shares,
1. Award Shares Participants will receive Confirmation of Shares Allotment
a. Distributed to all “Employees” at the cost of Bank on the Certain Allotment Shares ordered through the ESA
Jatim. program.
b. The employees receive the shares freely at the time
the Bank’s shares are listed on the Indonesia Stock MANAGEMENT EMPLOYEE STOCK OPTION PLANS (MESOP)
Exchange The Management & Employee Stock Option Plan (MESOP) is a
c. Award Shares are provided amounting to 1 time program established to grant option rights to the participants
Employee’s salary. (optionee) to buy Bank’s shares at the exercised price
d. Employees are obliged to sign a statement of previously specified. The shares can be exercised in accordance
compliance with the provisions of ESA program. The with the specified exercised windows.
requirements for receiving Award Shares are:
- Has been worked for 1 (one) year as of April 30, The exercise price of Option Rights will be determined based on
2012 Item V.2.2 of the Regulation of Registration No. I-A, Attachment
- Not in the status of being subject to office of the Decree of Board of Directors of Jakarta Stock Exchange
sanctions/skorsing No. Kep-305/BEJ/07- 2004 dated July 19, 2004, which is
- Allocation based on position at least 90% of the average closing price of the Bank’s share
- The award shares are subject to a “lockup” for 2 trading on the Indonesian Stock Exchange, before the date
(two) years of the Bank’s notification to the Indonesia Stock Exchange
- During the lockup period when the employee resigns concerning the opening of the Exercise Window Period for
or is terminated due to administrative sanctions, the Option Rights in the MESOP Program.
right to the Award Shares is null and void.
2. Certain Allotment Shares Participants of the MESOP Program are as follow:
a. Offered to all “Employees” to buy shares at IPO price. • Board of Commissioners, excluding Independent
There is no obligation to buy. Commissioners
b. Allotment must be worth 7 times Employee’s salary • Sharia Supervisory Board.
c. Employees who voluntarily buy their certain allotment • Members of Board of Directors who served at the time of
issuance of Option Rights
PT Bank Pembangunan Daerah Jawa Timur Tbk 515
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07 Corporate
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• Structural Officers, including Division Heads, Main Branch to guarantee the confidentiality of the identity and report
Managers, Sub-Division Heads, Branch Managers, and of fraud submitted.
Department Heads at Main Branch. 4. Means of complaints provided by the Bank in the form of:
• Participants entitled to participate in the MESOP • Come in person and write to the Bank Jatim Internal
program are permanent employees registered as MESOP Audit Division (Jln. Basuki Rahmat No.98 - 104
participants in accordance with the provisions of the Fifth surabaya).
Dictum paragraph (1) Decree No: 057/251/DIR/CSE/ • Website via https://wbs.bankjatim.co.id/
KEP regarding Procedures for Implementing the MESOP • Text/Whatsapp Phone to 081330003040
Program. This decision with the same position and/or level 5. Fraud complaint criteria refer to the provisions and
as well as above that, until the time of implementation of applicable laws.
the MESOP program.
• Participants not entitled to participate in the MESOP Protection of Whistleblowers
program are employees who resign, dishonorably
dismissed, or pass away. As a form of the Bank’s commitment to implementing antifraud
strategies and mechanisms for complaints of violations and
The Option Rights in the MESOP Program will be issued in 3 guaranteeing protection for reporters in good faith, the Bank
Phases, namely: is obliged to:
1. Banks are required to protect whistleblowers.
Table of MESOP Program Option Rights 2. The protection provided by the Bank against whistleblowers
Up to 30% of the number of Option Rights that can be is intended to encourage the courage of whistleblowers to
Phase I
issued in the MESOP Program report fraud complaints in a clear, detailed and transparent
Up to 30% of the number of Option Rights that can be manner.
Phase II
issued in the MESOP Program 3. Whistleblower protection includes protection of
Up to 40% of the number of Option Rights that can be
whistleblower identity and report content.
Phase III
issued in the MESOP Program 4. The Bank is committed to protecting whistleblowers in
good faith and the Bank will comply with all relevant laws
and regulations as well as best practices that apply in
Implementation Price or Implementation Price managing whistleblowers.
Determination 5. All reports of fraud complaints will be guaranteed
confidentiality and security by the Bank and whistleblowers
Bank Jatim has carried out the Management and Employee can obtain information about the progress of their
Stock Option Plans (MESOP) program since 2016 and ends in complaints.
2020 with an offering price of IDR450, IDR409 and IDR599. 6. The Bank provides protection to internal Bank employee
The number of shares issued for IDR409 was 3,163,900, and whistleblowers from the following:
shares with a price of IDR599 were 9,963,600 shares. So that - Dismissal.
the total paid-up capital on December 31, 2020, amounted to - Demotion.
IDR3,753,874,520,500 or a value of 15,015,498,082 shares. - Discriminatory acts.
In 2024, Bank Jatim did not implement a Management and - Intimidation.
Employee Stock Option Plan (MESOP); therefore, no shares - Other protections in accordance with the prevailing
were allocated to the Board of Commissioners, Board of laws and regulations.
Directors, or executive officers.
Complaint Management
Whistleblowing System The process of investigating and collecting evidence related to
events that are reasonably suspected of acts constituting fraud
Submission and Media of Violation Reports consisting of several stages including:
1. Reviewing information entered through the whistleblower
The policy and scope of complaints are regulated as follows, or from the results of the examination of the Bank’s
among others: internal audit team and collecting evidence of both physical
1. Source of whistleblowing reporting with identity evidence, information on the scene (other information) and
2. The Bank’s management emphasizes the effectiveness of summons of witnesses related to the type of irregularities
implementing a fraud control system on the disclosure of that occurred and people who were indicated to have
complaints. committed a crime (fraud).
3. Management of the Bank has a strong commitment to 2. Conducting an examination by verifying the evidence
provide support and protection to each fraud reporter and and information and the truth can be trusted and if the
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verification and information cannot be trusted then the Bank Jatim will continue to strive to increase the understanding
evidence is made as a document/archive and the process and concern of employees and other parties to report violations
is terminated. through whistleblowing facilities so that they are expected to
3. If the perpetrators and witnesses are not cooperative be able to create a clean and integrity work environment. In this
(collaboration) confrontation will take place. regard, the following steps have been taken:
4. Carrying out examination on the weaknesses of the system 1. Undertake Anti-Fraud Strategy program, including surprise
procedure, the weakness of the technology system or audit (Operational & Credit).
others. 2. Conducting socialization related to the implementation of
5. Calculating the estimated loss (financial loss) that occurs anti-fraud strategy and whistleblowing system at the exit
from the fraud. meeting results of the audit and employees including new
employees.
Employees involved in fraud cases are subject to sanctions 3. Disseminating materials related to the implementation of
according to the prevailing Reward & Punishment Guidelines antifraud and whistleblowing strategies in the education
of Bank Jatim, including written warnings, demotions to schedule of employee promotion programs.
termination of employment depending on the type of violation 4. Developing the Anti-Fraud Strategy system.
that has been committed and the loss suffered.
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Flowchart of Anti-Fraud Strategy Implementation
Start
Whistlebower Suprise Audit Surveillance Audit General Audit
Operational and Financial AuditSub-Division
Witness Initial Indication Initial Evidence
(In-Depth Indication Analysis)
Extracting Information from Initial Witnesses
Testing (Validation) of Physical Evidence
(Reporters)
Cross-Examination of Additional Witnesses Expansion and Testing of Additional Evidence
Insufficient
FRAUD Investigation Terminated
Evidence
yes VALID EVIDENCE
Initial Fraud Report Bank Indonesia
Special Audit
Special & Assistance Sub Division
(Special Audit Process)
Confrontation with Other Parties Involved Verification of Material Losses
Confrontation with the Main Perpetrator Modus Operandi Reconstruction
President Director
Special Audit Report
Board of Commissioners
Operational and Financial
Biannual S.A.F Implementation
Bank Indonesia
Auditing Sub Division
Report
(Reporting)
Monitoring, Evaluation & Follow-up Relevant Parties
Finish
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Types of Violations that can be Reported Completed
Complaints Total Sanctions/ Follow Up
There were 2 types of violations, namely violations of discipline Processed in 2024
and disciplinary violations related to violations of rules that
The involved parties
were processed through the Human Capital Division and their
were sanctioned under
actions in the form of Coaching, Mentoring and Counseling Proven 12 the applicable Employee
related to disciplinary violations, types of violations that could Punishment Standard
Operating Procedure (SOP).
later be processed and deepened by the Internal Audit Division.
Not Proven - -
Management of Violation Reports
Anti Corruption Program
The complaint database from the whistleblower was under
the authority and responsibility of the Internal Audit Division Programs and Procedures in Overcoming
and for complaint information was the responsibility of the Corruption, Kickbacks, Fraud, Bribery and/or
Operational & Financial Audit Sub Division. Gratification Practices
Socialization of Whistleblowing System Prevention of Corruption Practices
Socialization of the Whistleblowing System is carried out Bank Jatim has implemented several policies related to
simultaneously with socialization related to the implementation Corruption Prevention, including the Implementation of Anti
of anti-fraud strategies and at the exit meeting of audit results Fraud Strategies, Work and Business Ethical Behavior (Code
and employees including new employees. of Conduct), Conflict of Interest Guidelines, Corporate Culture,
Gratuity Policy, Employee Discipline Regulations, Market
Number of Complaints and Its Follow Up Code of Ethics Guidelines, and Guidelines for Maintaining the
Confidentiality of Data and Information.
In 2024, 15 (fifteen) reports met the elements of fraud through
the whistleblower mechanism. Below is a table detailing the Actions taken by Bank Jatim to address issues of corrupt
number of complaints received through the whistleblower practices, particularly in Conflict of Interest, are regulated,
channel during 2024: including the following:
1. All parties, both employees and leaders, must obey the
code of ethics
Number of
No Description 2. Maintaining the confidentiality of company information
Complaints
3. A prohibition for all levels of the Company from providing
1 Number of Complaints in2024 15 or promising gratuities, both directly and indirectly, which
are considered bribery to government officials or state
2 Number of Complaints Processed 15
administrators if such provision is related to their position
3 Number of Complaints That Have Been 12 and conflicts with their obligations or duties
Completely Processed
4. A prohibition on receiving or requesting gratuities,
4 Number of Unfinished Complaints 3 considered as bribery, directly or indirectly, from any
Processed
party to influence the policies/decisions/treatments of
Bank officials and employees according to their positions,
Sanctions/Follow Up on Complaints in 2024 authorities, and responsibilities.
5. The obligation to reject gratuities considered as bribery,
Complaints that have been successfully processed and proven whether received directly or indirectly.
are then subject to sanctions according to the provisions
outlined in Bank Jatim’s reward and punishment policy. Implementation of Anti-Fraud Strategy
In order to prevent cases of operational irregularities at the
Bank, especially fraud that could harm customers or banks
and the issuance of Financial Services Authority Regulation
No. 39/POJK.03/2019, dated December 19, 2019, concerning
implementing an Anti-fraud Strategy for Commercial Banks,
it is necessary to increase the effectiveness of internal
control to minimize fraud risk including implementing an
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antifraud strategy. The organizational system responsible and anti-fraud concern at all levels of the Bank’s organization.
for implementing the anti-fraud strategy at Bank Jatim is the One of them is by making a written commitment called the
Internal Audit Division. AntiFraud Declaration signed by the Board of Commissioners,
Directors and all employees of the Bank’s organization.
The fraud control system has been implemented following the
anti-fraud strategy guidelines following the Decree of the Board Prevention and detection and identification of potential risks
of Directors number 060/22/DIR/AUI/KEP dated January 28, of vulnerability is an early warning system for the operational
2021 concerning the Handbook for Implementing the Anti process. Identification of findings that indicate fraud, is implied
Fraud Strategy of PT Bank Pembangunan Daerah Jawa Timur in the whistleblowing policy and mechanism. Through this
Tbk. Every fraud incident is of particular concern in resolving mechanism it is expected to detect early on the occurrence
the case. The Bank’s Management requires that all appropriate of a violation and can increase the level of participation of
levels within the Bank’s internal environment have concerns for employees, customers and other stakeholders in reporting a
anti-fraud. The anti-fraud concern is pursued continuously in violation and be used as an early warning of the possibility of a
the form of zero tolerance for fraud. In implementing the Anti violation in the Bank.
Fraud Strategy in the form of a Fraud control system, it includes
4 (four) interrelated pillars, namely Prevention, Detection, Anti-Bribery Management System
Investigation Reporting and Sanctions, Monitoring Evaluation,
and Follow Up. Bribery is a phenomenon that often occurs within the banking
sector. Bribery has serious implications for the Bank’s
Prevention performance sustainability. Therefore, Bank Jatim is committed
The prevention pillar is part of the fraud control system that to preventing bribery through the implementation of the ISO
aims to include steps to reduce the potential risk of fraud, 37001:2016 Anti-Bribery Management System (ABMS).
including anti-fraud awareness, identification of vulnerabilities
and Know your employee. Implementation of the ISO 37001:2016 Anti-Bribery
Management System (ABMS) is carried out by Bank Jatim
Detection through a series of the following steps:
The detection pillar is part of the fraud control system which 1. Establishment of the Anti-Bribery Management System
aims to contain steps to identify and find fraud in the Bank’s Policy signed by all Directors
business activities, including policies and mechanisms for 2. Appointment of a competent work unit to oversee
whistleblowing, surprise audits, surveillance systems. compliance with anti-bribery practices, referred to as the
Anti-Bribery Compliance Function
Reporting Investigations and Sanctions 3. Training on awareness of the ISO 37001:2016 Anti-Bribery
The Investigation, Reporting and Sanctions Pillar is part of the Management System (ABMS) attended by representatives
fraud control system which aims to include steps for digging up from the relevant work units
information (investigation), reporting system, and imposition 4. Establishment of internal regulations related to the Anti
of sanctions for fraud in the Bank’s business activities. Bribery Management System
5. Implementation of anti-bribery and gratuity socialization
Monitoring Evaluation and Follow-up for Bank vendors
The Monitoring Evaluation and Follow-up Pillar is part of the 6. Sign the Integrity Pledge by the Board of Commissioners,
fraud control system which aims to include steps to monitor Board of Directors, and all employees
and evaluate fraud as well as follow-up mechanisms for frauds 7. Implementation of Stage 1 and Stage 2 audits by the
that occur. Certification Body
The implementation of the four pillars takes into account the Due to the steps taken, Bank Jatim obtained the ISO 37001:2016
following: Anti-Bribery Management System (ABMS) Certificate from the
1. Bank’s internal and external environmental conditions Certification Body on December 18, 2023. With the acquisition
2. Complexity of business activities of the ISO Anti-Bribery Management System (ABMS)
3. Potential, types and risks of fraud certificate, it is expected that:
4. Adequacy of the required resources 1. Raising the awareness among all executives and employees
about the risk of bribery in Bank Jatim business processes
The successful implementation of the overall antifraud strategy 2. Enhancing the trust of stakeholders and shareholders in
depends very much on the commitment and enthusiasm of Bank Jatim services.
the Board of Commissioners and Directors to foster a culture 3. Improving Bank Jatim business performance.
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Gratification Policy several programs that refer to the provisions and procedures
set by the Corruption Eradicatio Commission (KPK). The
In order to create an anti-corruption culture and provide a Gratification Control Program (PPG) established by the
reference for the implementation of gratificiation control and Corruption Eradication Commission (KPK) includes the
reportin, Bank Jatim establishes a gratification policy through: following:
1. Decree of the Board of Directors Number 062/03/41/ 1. Gratification Control Framework;
DIR/ KPT/KEP dated July 21, 2023 concerning Standard 2. Dissemination of Gratification Control Messages;
Operating Procedure (SOP) Gratification Control and 3. E-Learning: “Enhancing Understanding of Gratification for
Reporting. State Officials and Civil Servants”;
2. Circular Letter Number 062/04/25/KPT/SE dated April 4. Socialization/Dissemination of Gratification Control;
4, 2023 concerning Technical Guidelines for Gratification 5. Identification of High-Risk Areas for Gratification Practices;
Reporting. 6. Risk Mitigation for High-Risk Gratification Practices;
7. Reporting of Acceptance and/or Rejection of Gratification;
The policy regulates the types of gratification objects that 8. Innovation in Gratification Control.
must be reported, the types of gratification objects that are not
required to be reported (excluded), the rights and protection of Every semester, the Corruption Eradication Commission
the reporter, as well as the gratification reporting mechanism. (KPK) conducts an assessment of the implementation of the
Gratification Control Program (PPG) carried out by Bank Jatim.
GRATIFICATION CONTROL MANAGEMENT In 2024, the implementation of Bank Jatim’s PPG received a
As an effort in controlling gratification, Bank Jatim implements score of 95.5 from the KPK, with the following details:
1. Gratification Control Framework (Weight 100%)
No Component Weight Score
1 Gratification Control Regulations 50 100
2 Establishment/Decree or Other Documents 50 100
3 Additional Documents (Specific to SOEs/Regional SOEs) 0 0
Total Score for Gratification Control Framework 100
2. Dissemination of Gratification Control Messages (100%)
No Component Weight Score
1 Message Dissemination via Media (Internal Target) 50 100
2 Message Dissemination via Media (External Target) 50 100
Total Score for Message Dissemination via Media 100
3. E-Learning: “Enhancing Understanding of Gratification for State Officials and Civil Servants” (Weight 40%)
No Component Weight Score
1 E-Learning on Enhancing Understanding of Gratification 50 100
Total Score for E-Learning on Gratification Control 40
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4. Socialization/Dissemination of Gratification Control (Weight 60%)
No Component Weight Score
1 Socialization to Internal Parties (All Employees) 50 100
2 Socialization to External Parties 50 100
Total Score for Socialization/Dissemination of Gratification Control 60
5. Identification of High-Risk Areas for Gratification Practices (Weight 100%)
No Component Weight Score
1 Identification of High-Risk Areas for Gratification Practices 100 100
Total Score for Identification of High-Risk Areas 100
6. Risk Mitigation for High-Risk Gratification Practices (Weight 100%)
No Component Weight Score
1 Risk Mitigation for High-Risk Gratification Practices 100 80
Total Score for Risk Mitigation of High-Risk Areas 80
7. Reporting of Gratification Acceptance and/or Rejection (Weight 100%)
No Component Weight Score
1 Gratification Reporting 100 100
Total Score for Gratification Reporting 100
8. Innovation in Gratification Control (Weight 100%)
No Component Weight Score
1 Innovation in Gratification Control 100 75
Total Score for Innovation in Gratification Control 75
The achievement of these values, led Bank Jatim to get rank 1 (classification category) and rank 7 (national category). The achievement
of these values and rankings, shows that Bank Jatim has a commitment in controlling gratification.
Socialization of Gratuity Policy
Bank Jatim organizes gratification socialization to internal and external parties held on:
Socialisation
Theme Participant Execution Time
Media
Technical Guidance on the Implementation Credit Division Leader (PBK)/ Operational September 20, 2024 Zoom Meeting
of Gratification E-Learning Division Leader (PBO)
Technical Guidance on the Implementation September 20, 2024 Offline
Compliance & AML CFT Division Officer
of Gratification E-Learning
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Socialisation
Theme Participant Execution Time
Media
Socialization of Bribery and Gratification 1. Director of Compliance November 22, 2024 Zoom Meeting
Control 2. Compliance & APU PPT Division
3. General Division
4. Internal Audit Division
5. Human Capital Division
6. Legal Division
7. Risk Management Division
8. Vendor Bank Jatim
Gratification Report in 2024
During 2024, there were 4 (four) reports of receiving gratuities and have received a determination from the Corruption Eradication
Commission (KPK).
Anti-Corruption Training/Socialization for Employees
Theme Time of Implementation Participants
Legal Basis for Banking, AML/CFT and Anti-Gratification May 18, 2024 33
AML-CFT & Gratification, Compliance Culture, Anti Fraud Strategy &
May 31, 2024 38
Critical Point Fraud
AML-CFT & Gratification, Compliance Culture, Anti Fraud Strategy &
June 5, 2024 36
Critical Point Fraud
AML-CFT & Gratification, Compliance Culture, Anti Fraud Strategy &
June 10, 2024 38
Critical Point Fraud
IMPROVING UNDERSTANDING OF GRATIFICATION (KPK) September 20, 2024 61
Anti Fraud Strategy February 11, 2024 31
Anti Fraud Strategy March 2, 2024 35
Anti Fraud Strategy May 13, 2024 19
Anti Fraud Strategy May 20, 2024 18
Anti Fraud Strategy May 22, 2024 32
Training Implementation of Governance Risk Management &
Compliance, Implementation of Governance, Risk Management & December 4, 2024 2
Compliance of Anti Fraud Strategy
Anti-Money Laundering (AML), Counter-Terrorism Financing (CFT),
and Prevention of Financing of Proliferation of Weapons Of Mass October 26, 2024 267
Destruction (PFWMD)
Anti-Money Laundering (AML), Counter-Terrorism Financing (CFT),
and Prevention of Financing of Proliferation of Weapons Of Mass November 2, 2024 259
Destruction (PFWMD)
Anti-Money Laundering (AML), Counter-Terrorism Financing (CFT),
and Prevention of Financing of Proliferation of Weapons Of Mass November 9, 2024 256
Destruction (PFWMD)
Anti-Money Laundering (AML), Counter-Terrorism Financing (CFT),
and Prevention of Financing of Proliferation of Weapons Of Mass November 16, 2024 257
Destruction (PFWMD)
Anti-Money Laundering (AML), Counter-Terrorism Financing (CFT),
and Prevention of Financing of Proliferation of Weapons Of Mass November 23, 2024 385
Destruction (PFWMD)
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Management of State Official Wealth Reports 1. Agency Admin
Managed by the Compliance Work Unit with organs:
Bank Jatim has implemented the Management of State Officials’ a. Supervisor is Vice President of Compliance and Anti-
Wealth Report (LHKPN) submission since 2018, based on Board Money Laundering & Counter-Terrorism Financing
of Directors Decree No. 057/401/DIR/KPT/KEP dated December (AML CFT);
31, 2018, concerning LHKPN Reporting Procedures within PT b. Person in Charge is Senior Officer of the Regulatory
Bank Jatim Tbk. This regulation was later revoked and replaced by Licensing Group;
Board of Directors Decree No. 060/03/47/DIR/KPT/KEP dated c. Organizer is Officer and Junior Officer of the Regulatory
November 25, 2021, regarding the Standard Operating Procedure Licensing Group.
(SOP) for LHKPN Reporting. Furthermore, the regulation was
updated through Board of Directors Decree No. 063/03/118/KPT/ Has duties and authorities which include:
KEP dated August 6, 2024, outlining the following provisions: a. Coordinating with KPK regarding regulatory changes
1. Organization and e-LHKPN application management within the Bank;
a. Cooperation between the Corruption Eradication b. Conducting socialization to PN/WL on external
Commission (KPK) and the Bank; provisions and internal provisions regarding LHKPN;
b. Management Unit of the State Officials Wealth Reports c. Managing the LHKPN e-registration application within
(LHKPN); the Bank through the e-LHKPN application including:
c. Mandatory Report of the State Officials Wealth Reports • Registering and activating PN/WL data that must
(LHKPN); report LHKPN using the e-LHKPN application
d. Implementation of Risk Management and Internal (e-registration menu);
Control. • Updating PN/WL of LHKPN employment data that
2. Implementation Procedures has changed data in the Bank environment in the
a. Registration; e- LHKPN application (e-registration menu);
b. Reporting and Submission Process of LHKPN; • Verifying the updating of PN/WL of LHKPN data
c. LHKPN Improvement Mechanism; carried out by the Work Unit Admin;
d. Announcement of Mandatory Reporting of LHKPN; d. Fasilitate PN/WL of LHKPN who experience technical
e. Power of Attorney. problems when using the e- LHKPN application;
3. Administrations and Sanctions e. Obtaining information from the Corruption Eradication
a. Administrations; Committee regarding LHKPNs that have not submitted
b. Sanctions. LHKPNs and/or making improvements to LHKPNs
that have been verified by the Corruption Eradication
Mandatory Report of The State Assets Report Committee;
(LHKPN) f. Monitoring the level of compliance of PN/WL in
implementing LHKPN reporting to the Corruption
In accordance with the Corruption Eradication Commission Eradication Commission;
Regulation No. 07 of 2016 concerning Procedures for Registration, g. Have the independence to issue warning letters or
Announcement and Examination of State Organizer’s Assets, as administrative sanctions for PN/WL that do not sumbit
updated in the Corruption Eradication Commission Regulation No. LHKPN according to the predetermined time limit.
2 of 2020 that State Organizers are required to submit the State
Officials Wealth Reports (LHKPN) to the Corruption Eradication 2. Work Unit Admin
Commission. Therefore, those categorized as Mandatory Reports Managed by the work unit authorized to handle human
within the Bank in accordance with Law No. 28 of 1999 are as follows: capital with organs:
1. Board of Commissioners; a. The supervisor is the Vice President of Human Capital;
2. Sharia Supervisory Board; b. The person in charge is the Assistant Vice President of
3. Board of Directors; Operations;
4. SEVP; c. The implementer is the Officer and Junior Officer of
5. Vice President; Personnel Data and Human Capital Information System.
6. Branch Manager.
Has duties and authorities including:
Management Unit The State Officials Wealth Manage the e- LHKPN application (e-registration menu)
Reports (LHKPN) within the Bank’s work unit through the e- LHKPN
Following Board of Directors Decree No. 063/03/118/KPT/ application involving:
KEP dated August 6, 2024, concerning the Standard Operating • Updating PN/WL of LHKPN staffing data that has
Procedure (SOP) for Management of State Officials’ Wealth changed data within the Bank in the e- LHKPN
Report (LHKPN), the implementation is as follows: application (e-registration menu);
• Coordinate with the agency admin for data changes
within the Bank.
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As of the end of 2024, 71 (seventy-one) individuals had submitted their State Officials’ Wealth Reports (LHKPN) to the Corruption
Eradication Commission (KPK) within the designated timeframe, from January 2024 to March 2024.
Total Internal Frauds and Remedies
Number of frauds committed (Internal)
Members of the Board of
Internal Fraud in Commissioners and Members Permanent Employees Non-Permanent Employees
1 Year of the Directors
Previous Year Current Year Previous Year Current Year Previous Year Current Year
(2023) (2024) (2023) (2024) (2023) (2024)
Total Fraud - - 13 12 1 1
Resolved - - 13 12 1 1
In the Settlement
Process in the Bank's - - - - -
Internal
Not Resolved Yet - - - - -
Has Been Followed
Up Through Legal - - - -
Process
Provision of Funding for Social and/or Transactions Containing Conflicts of
Political Activities Interest
A description related to corporate social responsibility is The forms of conflict of interests include:
submitted in the 2024 Sustainability Report. As for providing 1. Gratification;
funds for political activities, during 2024, Bank Jatim will not 2. Misappropriation of Assets;
provide funds for political activities or to political parties. 3. Misuse of confidential/important information;
4. Position Traps;
5. Granting special access that violates the procedure;
Provision of Funds to Related Parties and 6. Unprofessional supervision;
Provision of Large Funds 7. Subjective and not independent assessment;
8. Decision on licensing, allocation/budget, investment;
Descriptions regarding Provision of Funds to Related Parties 9. Determination of partners (procurement);
and Provision of Large Funds are presented in the Management 10. Recruitment, hiring, performance appraisal;
Analysis and Discussion Chapter in this Annual Report. 11. Use of information;
12. Commercialization of public services.
Bank Strategic Plan An activity is considered to give rise to a conflict of interest if:
1. Transactions for the provision of funds and procurement
A description of the Bank’s Strategic Plan is presented in the of goods/services occur between the Company and
Management Discussion and Analysis Chapter in this Annual Related Parties including the Board of Directors, Board
Report. of Commissioners, Executive Officers, Decision-making
Officers
2. There are officers/employees of the Company who have
Share Buyback and Bond Buyback a first degree family relationship who are in 1 (one) line of
management.
During 2024, the Company will not carry out share buybacks
and bond buybacks.
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3. Transactions between the Company and its officials or The main elements that must be fulfilled in managing conflicts
employees—whether active or those who have retired/ of interest of the company, employees and company leaders
resigned but have not yet exceeded six (6) months—as are as follows:
well as their families, and/or with companies in which the 1. Comply with and comply with applicable laws and
Company’s officials or employees and their families, either regulations, including company culture.
directly or indirectly, hold shares, must not exceed 25% 2. Avoid activities that could cause a conflict of interest.
(twenty-five percent) of the total shares of the respective 3. Store and maintain the confidentiality of company
company. information and information with parties who have
4. Transactions as stated in point 3 must have a minimum business relationships with the company. Compliance
value of 50% (fifty percent) of the Company’s capital, with the company’s code of conduct is very important to
based on the most recent audited financial statements maintain and advance the company’s reputation.
5. Transactions with other affiliated parties.
Conflict of Interest Disclosure
Transactions and activities that have the potential to give rise 1. If there is a conflict of interest, officials and/or employees
to conflicts of interest include: who have a conflict of interest do not use their rights/
1. Credit transactions are categorized as containing a conflict authority in making decisions and are required to disclose
of interest if the Bank/deciding official is the same party or the said conflict of interest.
has a family, ownership, management, financial or interest 2. If there is a conflict of interest in the field of credit and/
relationship with the credit recipient. or operations at a branch office, officials and/or employees
2. Fund and service transactions are categorized as who have a conflict of interest do not use their rights/
containing a conflict of interest if the Bank/deciding official authority in making decisions.
is the same party or has a family, ownership, management, 3. If a conflict of interest occurs in an employee/officer
financial or interest relationship with the deposit customer according to their respective fields, the employee/official
or user of the Bank’s services so that the customer in does not use his authority in making decisions and then the
question is given special conditions that are different from decision-making process is handed over to his superiors in
the treatment of customers in general. stages.
3. Goods and services transactions are categorized as 4. If a decision still has to be taken, the official or employee
containing a conflict of interest if the Bank or the deciding involved in the decision-making process must prioritize the
official is the same party or has a family, ownership, economic interests of the Bank from losses that may arise
management, financial or interest relationship with the or the possibility of reducing the Bank’s profits.
provider of the goods/services so that the determination 5. Required to disclose the condition of the conflict of interest
of the appointment or winner has potentially unreasonable which is attached to the Minutes of Meeting along with
conditions causing detrimental effect to the bank or reduce documentation containing considerations for making the
the bank’s profits. decision.
4. Management of human resources which has the potential
for a conflict of interest if in a bank there are several people During 2024, there was no transactions containing conflicts of
who have family relationships up to the second degree and interest.
are at the same bank.
5. What is included in the category of prohibited conflicts
of interest is the practice of giving and/or receiving gifts, Internal Disputes
bribes and the like which are reasonably suspected to be
detrimental to the Company’s interests, contrary to sound During 2024 there were no internal disputes caused by the
business ethics and/or contrary to applicable law. remuneration policy.
In an effort to avoid conflicts of interest, all parties, both
employees and company leaders, must comply with the code
of ethics. If employees and company leaders become aware
of practices that lead to a conflict of interest, they must
immediately report it to their superiors.
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Prevention of Insider Trading • Any party who violates the provisions as intended
in Article 90, Article 91, Article 92, Article 93, Article
The provisions governing Insider Trading actions have been 95, Article 96, Article 97 paragraph (1), and Article 98
regulated in the Corporate Secretary Investor Management is threatened with imprisonment for a maximum of 10
SOP Chapter II, presented as follows: (ten) years and a fine of up to IDR 15,000,000,000
(fifteen billion rupiah).
TRADING INSIDER CRITERIA
This practice occurs when parties outside the bank buy or sell During 2024, Bank Jatim will not have Insider Trading.
bank securities based on information from insiders that is not
published. This work procedure prohibits insider actions that
encourage/influence other people or provide inside information Transparency of Financial and Nonfinancial
to other parties. Conditions
a. Insider Trading Criteria Bank Jatim has fulfilled its obligation to Bank Indonesia to
1. Bank insider, namely: conduct transparency of financial and non-financial conditions
a. Commissioner, Director or Bank Employee; in accordance with applicable regulations, publication of
b. The main shareholder of the Bank; information submission through print media and the Bank’s
c. Individuals who because of their position or website as follows:
profession or because of their business relationship 1. Monthly and Quarterly Financial Statements that have
with the issuer or public company enable that been submitted and published to the Regulator and on the
person to obtain information; or Bank’s website.
d. A party who within the last 6 (six) months is no 2. Annual Reports that have been submitted and published to
longer a party as referred to in letters a, b, c above. the Regulator and on the Bank’s website.
2. Have inside information, where the information or 3. Corporate Governance Information such as:
material facts are not yet available to the public. a. Vision and mission of the Bank
Insiders are prohibited: b. Composition and Profile of the Board of Commissioners
a. Influencing other parties to buy or sell the and Board of Directors
securities in question; c. Guidelines and Rules of Committee
b. Providing inside information to any party who d. Corporate Governance Practices
reasonably suspects may use the information in 4. Information on Bank’s Products and Services such as
question to purchase or sell securities. e-forms of credit along with a wide spread of Office
All of the two elements mentioned above must be Networks making it easier for customers, investors to
met in order to be subject to insider trading. access such information.
5. Information that aims to educate customers such as
b. Sanctions for Insider Trading banking services, banking mediation, customer complaints
• Article 102 Law No. 8 of 1995 mechanisms, banking security tips and magazines/
• mposing administrative sanctions in the form of: bulletins for Bank Jatim which can be downloaded via the
• Written Warning; Company’s website.
• Fines, namely the obligation to pay a certain
amount of money; Implementation of Sustainable Finance
• Restrictions on business activities;
• Suspension of business; Detailed information regarding the implementation of
• Revocation of business permits; sustainable finance, including the implementation of social
• Cancellation of consent; And and environmental responsibility, has been presented in the
• Cancellation of registration. Sustainability Report.
• Article 104 of Law No.8 of 1995
PT Bank Pembangunan Daerah Jawa Timur Tbk 527
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Implementation of Public Company
Governance Guidelines
No Aspects; Principles; Recommendations Comply or Explain
A. Aspect 1: Relationship of Public Company with Shareholders in Guaranteeing the
Rights of Shareholders
A.1. Principle 1: Increasing the Value of the General Meeting of Shareholders (GMS)
Holding.
A.1.1. Recommendation1 : Public Company has technical ways or procedures Comply
for voting both in an open and closed manner
that prioritize independence and the interests of Bank Jatim has procedures for the General
shareholders. Meeting of Shareholders (GMS) which are
regulated in the Company’s Articles of
Explanation : Each share with issued voting rights has one voting Association Deed number 107 dated October
right (one share, one vote). Shareholders can exercise 30, 2024.
their voting rights during decision-making, especially
in making decisions through voting. However, the Each shareholder is only given 1 (one) vote,
mechanism for decision-making through voting, both representing the entire number of shares he
in an open and closed manner, has not been regulated owns. Vote counting will be carried out using
a “raise hand and hand over voting rights”
in detail. Public Companies are recommended to have
mechanism.
a voting procedure in making decisions on an agenda
of the GMS. The voting procedure must maintain the
independence or freedom of shareholders. For ex-
ample, voting is held openly by raising hands following
the instructions offered by the chairman of the GMS.
Meanwhile, voting in a closed manner is carried out on
decisions that require confidentiality or at the request
of shareholders by using ballots or electronic voting.
A.1.2. Recommendation 2: All members of the Board of Directors and the Board Comply
of Commissioners of Public Company participate in
the Annual GMS.
At the 2023 Fiscal Year GMS, all members
Explanation : The presence of all members of the Board of Directors of the Board of Directors and Board of
and members of the Board of Commissioners of Commissioners were present.
Public Company has an aim. It is to ensure that every
member of the Board of Directors and members
of the Board of Commissioners can pay attention,
explain, and directly answer the problems that occur
or the questions asked by shareholders related to the
agenda in the GMS.
A.1.3. Recommendation 3 : A summary of GMS minutes is available on the Website Comply
of the Public Company for at least one (1) year. The minutes of the AGMS and EGMS in
Indonesian and English are available on the
Explanation : Based on the provisions in Article 34 paragraph
Website and can be downloaded until the
(2) of the Financial Services Authority Regulation
2023 fiscal year.
Num-ber 32/POJK.04/2014 concerning the Plan
and Implementation of the General Meeting of
Shareholders of Public Companies, Public Companies
are required to make a summary of GMS minutes in
Indonesian and foreign languages (at least in English),
and announced 2 (two) working days after the GMS is
held to the public, one of which is through the Public
Company Website. The availability of a summary of
GMS minutes on the Public Company Website provides
an opportunity for shareholders who are absent to
easily and quickly obtain important information about
the GMS implementation. Therefore, the provision on
the minimum period of availability of a summary of
GMS minutes on the Website is intended to provide
sufficient time for shareholders to obtain such
information.
528 PT Bank Pembangunan Daerah Jawa Timur Tbk
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A.2. Principle 2: Improving the quality of communication between Public Companies
and Shareholders or Investors.
A.2.1. Recommendation 4 : Public Company possesses a communication policy Comply
with Shareholders or Investors. Bank Jatim has a Communication Policy with
shareholders or investors as stipulated in
Explanation : The existence of communication between the Public
the Directors Decree number 062/03/40/
Company and shareholders or investors is intended
DIR/CSE/KEP regarding SOP Investor
for the shareholders or investors to get a clearer Management.
understanding of the information that has been
published to the public, such as periodic reports,
the disclosure of information, business conditions
or prospects and performance, as well as the
implementation of public company governance. In
addition, shareholders or investors can also submit
suggestions and opinions to the management of
the Public Company. The communication policy
with shareholders or investors shows the Public
Company’s commitment to communicating with
shareholders or investors. The policy may include
strategies, programs, and communication execution
timing, as well as guidance that supports shareholders
or investors to participate in such communications.
A.2.2. Recommendation 5 : The Public Company discloses the communication Comply
policy of the Public Company with Sharehold-ers or
Investors on the Company Website.
The Communication Policy with Investors
Explanation : Disclosure of communication policy is a form of as described in recommendation 4 can be
transparency on the commitment of the Public accessed by the public through the Bank
Company to providing equality to all shareholders Jatim website at the following link: https://
or investors regarding the implementation of www.bankjatim.co.id/id/tatakelola company/
communication. The disclosure of information kebijakan
also aims to increase the participation and role of
shareholders or inves-tors in implementing the Public
Company communication program.
B. Aspect 2: Board of Commissioners’ Function and Role
B.1. Principle 3: Strengthening membership and composition of the Board of
Commissioners
B.1.1. Recommendation 6 : Determination of the number of members of the Comply
Board of Commissioners by considering the Public
Company’s condition. Determination the Board of Commissioners
members of Bank Jatim has taken into the
Explanation: The number of members of the Board of conditions of the Public Company including
Commissioners may affect the effectiveness of the the number of assets, achievement of
Board of Commissioners’ duties. The number of company performance, vision mission,
the Board of Commissioners members in a Public goals and strategic directions, and also the
Company must be determined by referring to the provisions of the OJK Regulation Number
provisions of the applicable laws and regulations. 33/POJK.04/2014 concerning Directors and
The Board of Commissioners members consist of Board of Commissioners of Public Companies.
at least two people based on the requirements of This number has also been adjusted to the
number of Board of Directors members, as well
the Financial Ser-vices Authority (FSA) Regulation
as the effectiveness of the implementation
Number 33/POJK.04/2014 concerning the Board
of the Board of Commissioners’ supervisory
of Directors and Board of Commissioners of Issuers
function.
or Public Companies. In addition, it is also necessary
to consider the condition of the Public Company. It
includes characteristics, capacity, and size, as well
as achieving goals and fulfilling different business
needs among Public Companies. However, if the
number of the Board of Commissioners members is
too large, it could interfere with the effectiveness of
the implementation of the functions of the Board of
Commissioners.
PT Bank Pembangunan Daerah Jawa Timur Tbk 529
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B.1.2. Recommendation 7 : Determination of the composition of members of the Comply
Board of Commissioners considering the diversity of
expertise, knowledge, and experience required. Determination of the composition of the
members of the Board of Commissioners
Explanation : The composition of the Board of Commissioners takes into account the diversity of expertise,
is a combination of characteristics both in terms knowledge, and experience required as stated
of the organs of the Board of Commissioners and in the Decree of the Board of Commissioners
members of the Board of Commissioners individually, Number 061/03/07/DK/KEP dated October
follow-ing the needs of the Public Company. These 3, 2022 concerning the Standard Operating
characteristics can be reflected in the determination Procedure (SOP) for the Selection and/or
of the expertise, knowledge, and experience needed in Replacement of Members of the Board of
implementing supervisory duties and providing advice Commissioners and Members of the Board of
by the Board of Commissioners of a Public Company. Directors of PT Bank Pembangunan Daerah
The composition that considers the needs of the Jawa Timur Tbk.
Public Company is a positive matter, primarily related
to decision-making in the context of implementing
the supervisory function carried out by considering
various broader aspects.
B.2. Principle 4: Improving the Implementation Quality of Duties and Responsibilities
of the Board of Commissioners.
B.2.1. Recommendation 8 : The Board of Commissioners has in place a Self- Comply
Assessment policy that assesses the perfor-mance of
the Board of Commissioners.
The Board of Commissioners has a self-
Explanation : The Board of Commissioners’ self-assessment policy assessment policy to assess the performance
is a guideline used as a form of accountability for of the Board of Commissioners as regulated
collegial assessment of the Board of Commissioners’ in the Decree of the Board of Commissioners
performance. Self-assessment is intended to Number 063/03/51/DKM/KEP dated March
be carried out by each member to assess the 28, 2024 concerning the Standard Operating
implementation of the Board of Commissioners’ Procedure (SOP) for the Work Guidelines of
performance in a collegial manner. Self-assessment the Board of Commissioners.
is not used to evaluate the individual performance
of each mem-ber of the Board of Commissioners.
With this self-assessment, each member of the
Board of Commis-sioners is expected to improve the
performance of the Board of Commissioners on an
ongoing basis.
The policy can include assessment activities carried
out along with their purposes and objectives, the
periodic implementation time, and the benchmarks
or assessment criteria used following the recom-
mendations given by the nomination and remuneration
function of a Public Company. The existence of this
function has been required in the Financial Services
Authority Regulation Number 34/POJK.04/2014
concerning the Nomination and Remuneration
Committee of Issuers or Public Companies.
B.2.2. Recommendation 9 : Self-Assessment policies assessing the performance Comply
of the Board of Commissioners are to be disclosed
through the Annual Report of the Public Company. The Guidelines for the Performance
Assessment of the Board of Commissioners
Explanation : The disclosure of the self-assessment policy on the of PT Bank Pembangunan Daerah Jawa Timur
performance of the Board of Commissioners is carried Tbk are disclosed in the Annual Report.
out not solely to fulfill the transparency aspect as a
form of accountability for implementing the board’s
duties. In addition, it also provides assurance,
especially to shareholders or investors, as at-tempts
need to be made to improve the performance of
the Board of Commissioners. With this disclo-sure,
shareholders or investors know the check and balance
mechanism for the performance of the Board of
Commissioners.
530 PT Bank Pembangunan Daerah Jawa Timur Tbk
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B.2.3. Recommendation 10 : The Board of Commissioners has a policy regarding Comply
the resignation of members of the Board of
Commissioners if involved in financial crimes.
The resignation policy for the Board of
Explanation : The policy regarding the resignation of members of the Commissioners only if the person concerned
Board of Commissioners involved in financial crimes is is a state official who is a member of the
a policy that can increase the trust of stakeholders in Board of Commissioners, then the person
the Public Company, which will maintain the integrity concerned is required to resign from his
of the Company. This policy is needed to help the legal position in government, who is involved in
process run smoothly so that the le-gal process does financial crimes is a policy that can increase
not interfere with the course of business activities. stakeholder confidence in a Public Company.
In addition, in terms of morality, this policy builds an
ethical culture within the Public Company. The policy
may be included in the Guidelines or Code of Ethics
applicable to the Board of Commissioners.
Furthermore, the status of a convict is given by the
competent authority to a member of the Board of
Commissioners who is involved in financial crimes.
Financial crimes refer to manipulation and various
forms of embezzlement in financial services activities
and Money Laundering Crimes as referred to in Law
Number 8 of 2010 concerning the Prevention and
Eradication of Money Laundering Crimes.
B.2.4. Recommendation 11 : The Board of Commissioners or the Committee that Comply
performs the Nomination and Remuneration function
composed a Nomination succession policy for
members of the Board of Directors. Succession policy in the nomination process
Explanation : Based on the provisions of the Financial Services for members of the Board of Directors
Authority Regulation Number 34/POJK.04/2014 as stated in the Decree of the Board of
con-cerning the Nomination and Remuneration Commissioners Number 061/03/07/DK/
Committee of Issuers or Public Companies, the KEP dated October 3, 2022 concerning the
committee that carries out the nomination function Standard Operating Procedure (SOP) for the
has the task of formulating the policies and criteria Election and/or Replacement of Members of
needed in the nomination process for prospective the Board of Commissioners and Members
members of the Board of Directors. One of the policies of the Board of Directors of PT Bank
that can support the Nomination process, as referred Pembangunan Daerah Jawa Timur Tbk which
to, is the succession policy of members of the Board of regulates candidate candidates from within
Di-rectors. The policy on succession aims to maintain the Company.
the continuity of the process of regeneration or re-
generation of leadership in the Company to maintain
business sustainability and the Company’s long-term
goals.
C. Aspect 3: Functions and Roles of the Board of Directors
C.1. Principle 5: Strengthening the Membership and Composition of the Board of
Directors.
C.1.1. Recommendation 12 : Determination of the number of members of the Board Comply
of Directors considers the Public Company’s condition
and effectiveness in decision making.
The determination of the members of the
Explanation : As an authorized corporate organ that deals with Board of Directors totaling 7 (seven) Directors
the management of the Company, the determination has considered the conditions of the Public
of the number of Directors dramatically affects Company including the amount of assets, the
the performance of the Public Company. Thus, the company’s performance achievements, and
number of members of the Board of Directors must others as well as the provisions of the Financial
be determined through careful consideration and Services Authority Regulation Number 33/
refer to the applicable laws and regulations. It must be POJK.04/2014 concerning the Board of
based on the Financial Services Authority Regulation Directors and Board of Commissioners of
Number 33 / POJK.04 / 2014 concerning the Board Issuers or Public Companies. The number
has also been adjusted to the members of
of Directors and Board of Commissioners of Issuers
the Bank’s Board of Commissioners with the
or Public Companies consisting of at least 2 (two)
current composition of 4 (four) people and
people. In addition, the number of Directors must be
the effectiveness of decision-making carried
determined based on the need to achieve the goals out by the Board of Directors.
and objectives of the Public Company and adjusted to
the conditions of the Public Company. This condition
includes the characteristics, capacity, and size of the
Public Company and how to achieve the effectiveness
of the Board of Directors’ decision making.
PT Bank Pembangunan Daerah Jawa Timur Tbk 531
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No Aspects; Principles; Recommendations Comply or Explain
C.1.2. Recommendation 13 : Determination of the composition of members of the Comply
Board of Directors considers the diversity of expertise,
knowledge, and experience needed. Determination of the composition of the
Board of Directors members takes into
Explanation : Similar to the Board of Commissioners, the diversity of account the diversity of expertise, knowledge,
the composition of members of the Board of Directors and experience required as stated in the
is a combination of desired characteristics. This Decree of the Board of Commissioners
combination is in terms of the organs of the Board of Number 061/03/07/DK/KEP dated October
Directors and the individual members of the Board of 3, 2022 concerning the Standard Operating
Directors, following the needs of the Public Company. Procedure (SOP) for the Election and/or
It is determined by considering the appropriate Replacement of Members of the Board of
expertise, knowledge, and experience in the division Commissioners and Members of the Board of
of duties and functions of the Board of Directors in Directors of PT Bank Pembangunan Daerah
achieving the objectives of the Public Company. Thus, Jawa Timur Tbk.
consideration of the characteristic combination will
impact the accuracy of the nomination process and
the individual appointment of members of the Board
of Directors or collegial Board of Directors.
C.1.3. Recommendation 14 : Members of the Board of Directors in charge of Comply
Accounting or Finance have the required expertise
and/or knowledge in accounting.
Profile of Director Finance, Treasury & Global
Explanation : Financial Statements are management’s Services
accountability reports from managing resources
owned by a Public Company. They must be prepared
and presented following generally accepted Financial Name:
Accounting Standards in Indonesia and related FSA Edi Masrianto (2022-present)
regulations, including laws and regulations in the
Capital Market sector that regulate the presentation Education:
and disclosure of Public Company Financial
- Bachelor of Management Economics,
Statements. Based on the laws and regulations in the University of Jember, 1989
Capital Market sector that regulate the responsibility
of the Board of Directors for the Financial Statements, - Master of Agribusiness Management, Gajah
the Board of Directors is jointly responsible for the Mada University, 2004
Financial Statements. The President Director and Members of the Board of Directors who are
members of the Board of Directors in charge of in charge of accounting or finance have
accounting or finance sign the Financial Statements. expertise and/or knowledge in the field of
accounting.
Thus, the disclosure and preparation of financial
information presented in the financial statements will The Board of Directors has submitted financial
largely depend on the expertise and/or knowledge reports in the Annual GMS and obtained
of the Board of Directors, especially members of approval from the GMS.
the Board of Directors in charge of accounting or
finance. The existence of expertise and/or knowledge
qualifications in the accounting field that at least the
members of the Board of Directors have can ensure
the process of making the Financial Statements.
Thus, the Financial Statements can be a reliable
basis for stakeholders in making economic decisions
related to the Public Company. Such expertise and/or
knowledge can be proven by educational background,
training certification, and/ or related work experience.
532 PT Bank Pembangunan Daerah Jawa Timur Tbk
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No Aspects; Principles; Recommendations Comply or Explain
C.2. Principle 6: Improving the Quality of the Board of Directors’ Duties and
Responsibilities.
C.2.1. Recommendation 15 : The Board of Directors has in place a Self-Assessment Comply
policy used to assess the performance of the Board of
Directors. The Board of Directors has a self-assessment
policy to assess the performance of the
Explanation : Similar to the Board of Commissioners, the Board of Board of Directors as regulated in the Board
Directors self-assessment policy is a guideline used of Directors Decree Number 063/03/17/
as a form of accountability for collegial assessment DIR/PSM/KEP dated February 26, 2024
of the Board of Directors’ performance. Self- concerning the Standard Operating Procedure
assessment is intended to be carried out by each (SOP) for Performance Management of PT
member of the Board of Directors. The aim is to Bank Pembangunan Daerah Jawa Timur Tbk.
assess the implementation of the Board of Directors’
performance in a collegial manner. Self-Assessment
is not used to evaluate the individual performance of
each member of the Board of Directors. With this self-
assessment, each member of the Board of Directors is
expected to improve the performance of the Board of
Directors on an ongoing basis.
The policy may include assessment activities carried
out along with their purposes and objectives, the
periodic implementation time, and the benchmarks
or assessment criteria used following the
recommendations given by the nomination and
remuneration function of a Public Company. The
establishment of these functions has been required in
the Financial Services Authority Regulation Number
34/POJK.04/2014 concerning the Nomination
and Remuneration Committee of Issuers or Public
Companies.
C.2.2. Recommendation 16 : Self-Assessment policies in order to assess the Comply
performance of the Board of Directors are disclosed
through the Annual Report of the Public Company.
Performance Assessment of the Board of
Explanation : The disclosure of the self-assessment policy regarding Directors of PT Bank Pembangunan Daerah
the Board of Directors’ performance is carried out Jawa Timur Tbk. disclosed in the Annual
not solely to fulfill the transparency aspect as a form Report.
of accountability for implementing the Board of
Directors’ duties. In addition, it also provides essential
information regarding the attempts to improve the
management of the Public Company. This information
is beneficial to give assurance to shareholders or
investors regarding the existence of certainty that the
Company management continues to be carried out in
a better direction. With this disclosure, shareholders
or investors know the check and balance mechanism
for the performance of the Board of Directors.
PT Bank Pembangunan Daerah Jawa Timur Tbk 533
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No Aspects; Principles; Recommendations Comply or Explain
C.2.3. Recommendation 17 : The Board of Directors has a policy related to the Comply
resignation of members of the Board of Directors The policy of resignation of members of the
when involved in financial crimes. Board of Directors is regulated in the Articles
of Association and the Work Guidelines of the
Explanation : The policy of resignation for members of the Board
Board of Directors.
of Directors involved in financial crimes is a policy The Articles of Association and the Work
that can increase the stakeholders’ trust in the Public Guidelines of the Board of Directors also
Company, which in return will maintain the Company’s regulate provisions related to the termination
integrity. This policy is needed to help the legal process of the term of office of Members of the Board
runs smoothly and so that the legal process does not of Directors and the dismissal of Members of
interfere with the course of business activities. In the Board of Directors.
addition, in terms of morality, this policy will build an
ethical culture within the Public Company. The policy
may be covered by the Guidelines or Code of Ethics
applicable to the Board of Directors. Furthermore, the
status of a convict is given by the competent authority
to a member of the Board of Commissioners who is
involved in financial crimes. Financial crimes refer to
manipulation and various forms of embezzlement in
financial services activities and Money Laundering
Crimes as referred to in Law Number 8 of 2010
concerning the Prevention and Eradication of Money
Laundering Crimes.
D. Aspect 4: Stakeholder Participation
D.1. Principle 7: Upgrading corporate governance aspects through stakeholder
participation.
D.1.1. Recommendation 18 : The Public Company has in place policies to prevent Comply
Insider Trading.
Explanation : A person with insider information is prohibited from Bank Jatim has a policy to prevent insider
conducting a Securities transaction using insider trading as regulated in the Decree of the
information as referred to in the Law on Capital Market. Board of Directors Number 062/03/02/DIR/
Public Companies can minimize the occurrence TRE/KEP dated January 12, 2023 concerning
of insider trading through prevention policies, for the Market Code of Ethics for Treasury
example, by strictly separating confidential data Activities and the Decree of the Board of
and/or information from public ones and dividing the Directors Number 062/03/40/DIR/CSE/KEP
duties and responsibilities for the management of dated June 21, 2023 concerning the Standard
such information proportionally and efficiently. Operating Procedure (SOP) for Investor
Management.
D.1.2. Recommendation 19 : The Public Company has in place an Anti-Corruption Comply
and Anti-Fraud policy. Bank Jatim has several policies related
to Corruption Prevention, including the
Explanation : Anti-corruption policies are useful for ensuring that
Implementation of Anti-Fraud Strategies,
the business activities of public companies are carried
Work and Business Ethical Behavior (Code
out legally, prudently, and in accordance with the of Conduct), Conflict of Interest Guidelines,
principles of good governance. The policy can be part Corporate Culture, Gratification Policy,
of a code of conduct or in its own form. The policy Employee Discipline Regulations, Market
may include, among others, programs and procedures Code of Ethics Guidelines, and Obligations
carried out to overcome corrupt practices, kickbacks, Guidelines. Maintain Confidentiality of Data
fraud, bribery, and/ or gratification in a Public and Information.
Company. The scope of the policy must describe the
prevention of the Public Company against all corrupt
practices, either giving or receiving from other parties.
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D.1.3. Recommendation 20 : The Public Company has a policy in place regarding Comply
the selection and improvement of suppliers or vendor
ability.
Bank Jatim has a policy regarding the
Explanation: The supplier or vendor selection policy is useful procurement of goods and services which
to ensure that the Public Company obtains the is regulated in the Decree of the Directors
necessary goods or services at competitive prices number 060/03/34/DIR/ UMM/KEP dated
and good quality. Meanwhile, the policy of increasing October 04, 2021 concerning SOP for
the ability of suppliers or vendors helps ensure that Procurement of Goods or Services.
the supply chain runs efficiently and effectively. The
suppliers’ or vendors’ ability to supply/provide the
goods or services needed by the Company will affect
the quality of the Company’s output.
Thus, implementing these policies can guarantee the
continuity of supply, both in terms of quantity and
quality needed by the Public Company. The scope
of this policy includes criteria in selecting suppliers
or vendors, transparent procurement mechanisms,
attempts to improve the capabilities of suppliers
or vendors, and the fulfillment of rights related to
suppliers or vendors.
The Company has policies related to the procurement
of goods and services that contain the selection and
improvement of supplier or vendor capabilities as
stated in the Procurement Guidelines standards.
D.1.4. Recommendation 21 : The Public Company has a policy on fulfilling the Explain / Comply
creditors’ rights.
Explanation : The policy regarding the fulfillment of creditors’ rights
is utilized as a guideline in making loans to creditors. Bank Jatim explains the creditor’s rights in
The policy aims to maintain the fulfillment of rights and the Credit Agreement (PK), including;
maintain creditors’ trust in the Public Company. The 1. The bank ensures that the creditor
policy includes considerations in making agreements, receives the principal and interest on the
as well as follow-up actions in fulfilling the obligations loan according to the agreed schedule;
of the Public Company to creditors. 2. The bank ensures that the creditor
receives the loan usage report;
3. The bank ensures that creditors receive
fines for payments that exceed the agreed
schedule;
4. The Bank ensures that principal and
interest payments on loans are not subject
to penalties if the payment schedule
falls on a holiday and is paid on the next
working day.
D.1.5. Recommendation 22 : Public Company has a whistleblowing system policy. Comply
Explanation : A well-prepared whistleblowing system policy
will provide certainty of protection to witnesses The Public Company has a whistleblowing
or whistleblowers for an indication of violations system policy which is clearly stated in the
committed by employees or management of the Decree of the Board of Directors Number
Public Company. The implementation of these system 064/03/02/DIR/AUI/KEP dated January
policies will have an impact on the formation of good 31, 2025 concerning the Standard Operating
corporate governance culture. The whistleblowing Procedure (SOP) for the Anti-Fraud Strategy
system policy includes, among others, the types of PT Bank Pembangunan Daerah Jawa Timur
of violations that can be reported through the Tbk.
whistleblowing system, the way of complaints,
protection, and guarantees of the confidentiality of
the whistleblower, the handling of complaints, the
party who manages the complaint, and the results of
handling and following up complaints.
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D.1.6. Recommendation 23 : Public Company has a policy of providing long-term Comply
incentives to the Board of Directors and employees.
The Public Company has a policy of providing
Explanation : Long-term incentives are incentives based on the long-term incentives to the Board of
achievement of long-term performance. The longterm Directors as stated in the Decree of the Board
incentive plan assumes that the Company’s longterm of Commissioners Number 063/03/06/DIR/
performance is reflected by the growth in value of the DK/KEP dated February 2, 2024 concerning
stock or other Company’s long-term targets. Long-term SOP for the Implementation of Remuneration
incentives are useful to maintain loyalty and provide Governance for Management and its Facilities.
motivation to the Board of Directors and employees to
increase their performance or productivity, which will
have an impact on improving the Company’s performance
in the long run. The existence of a long-term incentive
policy is a real commitment of the Public Company to
encourage the implementation of long-term incentives
to the Board of Directors and Employees with conditions,
procedures, and forms adjusted to the long-term goals
of the Public Company. The policy may include, among
others, the purpose and objectives of providing long-term
incentives, terms and procedures for providing incentives,
and conditions and risks that the Public Company must
consider in providing incentives. The policy can also be
included in the remuneration policy of the existing Public
Company.
E. Aspect 5: Disclosure of Information
E.1. Principle 8: Improving the Implementation of the disclosure of information
E.1.1. Recommendation 24 : The Public Company utilizes information technology Comply
more broadly in addition to the Website as a medium
for disclosing information. Banks utilize information technology more
Explanation : The use of information technology can be a helpful widely in addition to websites as a medium
medium for the disclosure of information. The for information disclosure that increases the
disclosure of information is conducted not only to effectiveness of the dissemination of this
disclose information that has been regulated in laws information, including the following:
and regulations but also to disclose other information • Instagram @Bank Jatim
related to Public Companies that are considered • Facebook @Bank Jatim
helpful for the knowledge of shareholders or investors. • Twitter @Bank Jatim
By using information technology more broadly apart • Youtube @Bank Jatim
from the Website, it is hoped that the Company can
extend the effectiveness of disseminating company
information. Nevertheless, the use of information
technology is carried out while still considering the
benefits and costs for the Company.
E.1.2. Recommendation 25 : The Annual Report of the Public Company discloses Comply
the ultimate benefit of the Ownership of the Public
The ultimate beneficial owner of shares
Company of at least 5%, in addition to the disclosure
amounting to at least 5% is the Controlling
of the ultimate beneficial owner of the share
Shareholder, namely the East Java Provincial
ownership of the Public Company through the main
Government.
and controlling shareholders.
Explanation : Laws and regulations in the Capital Market sector
governing the submission of Public Company annual
reports have regulated the obligation to disclose
information regarding shareholders who own 5%
(five percent) or more of Public Company shares.
In addition, the obligation to disclose information
regarding major and controlling shareholders of
Public Companies, either directly or indirectly, is
up to the last beneficial owner in the ownership
of the shares. In this Governance Guidelines, it is
recommended to disclose the ultimate beneficial
owner of share ownership of a Public Company of at
least 5% (five percent), in addition to disclosing the
ultimate beneficial owner of share ownership by major
and controlling shareholders.
536 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Governance Principles for Banks Issued by
The Basel Committee In Banking Supervision
The Governance Guidelines covered 12 principles of corporate governance. Governance Guidelines are best practice standards that
can be used as a reference in the implementation of corporate governance in banking. The description of its application can be
conveyed as follows.
Principle Explanation Implementation at Bank Jatim
Principle 1 The Board of Commissioners has responsibilities The Board of Commissioners has carried out its responsibilities
Responsibilities which include: approval and supervision of the accordingly with the conditions as stipulated in:
of the Board of implementation of business strategy, structure - Decree of the Board of Commissioners Number 060/01/DK/
Commissioners. and governance mechanisms and corporate KEP dated January 15, 2021 concerning Work Guidelines for the
culture. Board of Commissioners
- Decree of the Board of Commissioners Number 059/009/DK/
KEP dated December 22 , 2020 concerning Working Paper for
the Performance Assessment of the Board of Commissioners of
PT Bank Pembangunan Daerah Jawa Timur Tbk
One of them is the Board of Commissioners providing opinions and
suggestions on the Annual Work Plan and Budget and providing
advice on matters considered important by the Company.
Principle 2 Members of the Board of Commissioners must The Board of Commissioners of Bank Jatim has fulfilled the
Qualifications and have quality in accordance with their duties and qualifications and composition in accordance with applicable
Composition of the responsibilities, both individually and collegially. regulations. This is also regulated in the Bank’s internal provisions
Board of Commissioners The Board of Commissioners must understand its SK Board of Commissioners Number 060/01/DK/KEP dated
role in supervising and implementing corporate January 15, 2021 concerning Work Guidelines for the Board of
governance, and being able to carry out sound and Commissioners. One of the components that has been fulfilled is
objective decision-making. that the Board of Commissioners of Bank Jatim has no financial
relationship, management relationship, share ownership and/
or family relationship with other members of the Board of
Commissioners, Directors and/or Controlling Shareholders or
relationship with the Bank, which may affect the ability of those
concerned to act independently as stipulated in the provisions on
the Implementation of Good Corporate Governance for Commercial
Banks and have signed a Statement of Independence.
Principle 3 Structure The Board of Commissioners must establish The Board of Commissioners has Committees under the Board
and Mechanism appropriate governance structures and practices of Commissioners that assist the implementation of the duties of
of the Board of in carrying out their duties and periodically review the Board of Commissioners, namely the Audit Committee, the
Commissioners. their effectiveness. Remuneration and Nomination Committee and the Risk Monitoring
Committee. This has also been accommodated in Bank Jatim internal
provisions Decree of the Board of Commissioners Number 060/01/
DK/KEP dated January 15, 2021 concerning Work Guidelines for the
Board of Commissioners.
Principle 4 Directors Under the direction and supervision of the Board The Board of Directors manages the Company under the direction
of Commissioners, the Board of Directors is able and supervision of the Board of Commissioners as reflected in the
to manage the Bank’s activities in accordance with Governance Structure of Bank Jatim Directors Decree Number
the business strategy, risk appetite, remuneration 058/158/DIR/PRS/KEP date June 17, 2019.
policies and other policies that have been
approved by the Board of Commissioners
Principle 5 Business Within a business group, the Board of The Board of Directors and Board of Commissioners of Bank
Group Governance Commissioners of the parent company has overall Jatim have knowledge and understanding of the company’s main
Structure. responsibility for the business group and for business and main risks, as evidenced by the passage of the entire
ensuring the establishment and implementation Board of Commissioners and Directors from the Fit and Proper
of clean governance practices related to the Test. The Board of Directors and Board of Commissioners also
structure, business and risks of business groups regularly participate in training and development to improve their
and entities. The Board of Commissioners and capabilities. This is regulated in Bank Jatim internal provisions:
Directors must understand the organizational - Decree of the Board of Directors Number 060/044/DIR/CSE/
structure of the business group and the risks it KEP dated February 9, 2021 concerning Work Guidelines for the
faces. Board of Directors.
- Decree of the Board of Commissioners Number 060/01/DK/
KEP dated January 15, 2021 concerning Work Guidelines for the
Board of Commissioners.
PT Bank Pembangunan Daerah Jawa Timur Tbk 537
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07 Corporate
Governance
Principle Explanation Implementation at Bank Jatim
Principle 6 Risk Banks must have a quality risk management Bank Jatim runs the Process of Identification, Measurement,
Management Function function, be independent, have quality resources Monitoring, Risk Control and Risk Management Information Systems.
and have access to the Board of Commissioners. Bank Jatim always improves the capabilities and knowledge of all
employees, especially in terms of risk management, by organizing
internal training, socialization which is in line with the internalization
of corporate culture. As well as communicating risk management to the
Board of Commissioners through the Risk Monitoring Committee.
Principle 7 Identification Risks must be identified, monitored and controlled In the management of Bank Jatim Risk Management identification,
of Risk Monitoring and for all activities of the Bank. The quality of the risk measurement and risk assessment have been carried out, compiling
Control. management and internal control infrastructure must a risk profile. Risk measurement and assessment is in accordance
be able to keep up with changes in the Bank’s risk with established policies and adjusts to the level of risk faced by
profile, external risk conditions and industry practices. Bank Jatim.
Principle 8 Risk Effective implementation of risk governance requires Submission of risk profiles is submitted quarterly and Bank
Communication accurate risk communication within the Bank both Soundness Level every semester to the Board of Directors through
between organizations and through reporting to the the Risk Management Committee and to the Board of Commissioners
Board of Commissioners and Directors. through the Risk Monitoring Committee.
Principle 9 Compliance The Board of Commissioners is responsible for The Board of Commissioners ensures the implementation of
overseeing management related to the Bank’s good corporate governance in business activities and corporate
compliance risk. The Board of Commissioners governance policies, including the implementation of compliance.
must establish a compliance function and provide
approval for policies and processes for identifying,
assessing, monitoring and reporting, and providing
advice on compliance risks.
Principle 10 Internal The internal audit function must report Conduct objective testing of evidence in order to provide an
Auditing. independent assurance activities to the Board independent assessment of the adequacy of internal control, risk
of Commissioners and must support the Board management and governance processes within the organization.
of Commissioners and Directors in encouraging Internal Audit is directly responsible to the President Director and
the implementation of an effective governance communicates with the Board of Commissioners through the Audit
process and the long term health of the Bank Committee.
Principle 11 The Bank’s remuneration structure must support The legal basis for Bank Jatim’s remuneration refers to the Decree of
Compensation. the implementation of corporate governance and the Board of Commissioners No. 059/003/DK/KEP dated April 27,
risk management 2020 concerning the Implementation of Governance for Providing
Remuneration for the Board of Commissioners and Directors and
Facilities at PT Bank Pembangunan Daerah Jawa Timur Tbk.
Principle 12 Disclosure The implementation of governance from the Bank Bank Jatim constantly updates the Company’s website to ensure
and Transparency. must be carried out in a transparent manner information disclosure for stakeholders such as Annual Reports,
to Shareholders, Depositors, other relevant Sustainability Reports and Public Exposes.
Stakeholders and Market Participants.
Good Corporate Governance Assessment
Assessment Criteria 1. Implementation of Duties and Responsibilities of the Board
of Commissioners;
In conducting self-assessment on the implementation of Good 2. Implementation of Duties and Responsibilities of the Board
Governance, Bank Jatim refers to the provisions of Financial of Directors;
Services Authority Regulation (POJK) Number 17 of 2023 on the 3. Implementation of Duties and Responsibilities of the Sharia
Implementation of Governance for Commercial Banks, Financial Supervisory Board;
Services Authority Regulation (POJK) Number 2 of 2024 on the 4. Completeness and Implementation of Committee Duties;
Implementation of Governance for Islamic Commercial Banks and 5. Handling of Conflicts of Interest;
Islamic Business Units, and Financial Services Authority Circular 6. Implementation of Bank Compliance Function;
Letter (SEOJK) No. 13/SEOJK.03/2017 on the Implementation of 7. Implementation of Internal Audit Function;
Governance for Commercial Banks. 8. Implementation of External Audit Function;
9. Implementation of Risk Management Function Including
The self-assessment is conducted periodically on at least 11 Internal Control System;
(eleven) assessment factors. It is also carried out periodically 10. Provision of Remuneration;
on 18 (eighteen) governance implementation assessment 11. Provision of Funds to Related Parties and Large Debtors
factors in a comprehensive and structured manner, which are (Large Exposure);
integrated into three (3) governance aspects: governance 12. Integrity of Reporting and Information Technology
structure, governance process, and governance outcome, Systems;
covering the following: 13. The Bank’s Strategic Plan;
538 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
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14. Shareholder Aspects;
15. Implementation of Anti-Fraud Strategies, including Anti-Bribery;
16. Implementation of Sustainable Finance, including Corporate Social and Environmental Responsibility;
17. Implementation of Governance in Banking Group;
18. Transparency of Financial and Non-Financial Conditions, GCG Implementation Reports, and Internal Reporting.
Parties That Carry Out The Assessment
The self-assessment process involves the Board of Commissioners, Directors, Board of Commissioners Committees and work units in
charge to produce a comprehensive and structured assessment of the implementation of Governance at all levels of the organization.
The Score of Assessment
Table of GCG Assessment Results
Parameter June 2024 Dec 2024
Implementation of Duties and Responsibilities of the Board of Commissioners 2 3
Implementation of Duties and Responsibilities of the Board of Directors 2 2
Implementation of Duties and Responsibilities of the Sharia Supervisory Board 3 2
Completeness and Implementation of Committee Duties 2 3
Handling of Conflicts of Interest 2 2
Implementation of Bank Compliance Function 3 3
Implementation of Internal Audit Function 3 3
Implementation of External Audit Function 2 1
Implementation of Risk Management Functions Including Internal Control Systems 3 3
Provision of Remuneration 2 2
Provision of funds to related parties and large debtors (Large Exposure) 2 2
Integrity of Reporting and Information Technology Systems 3 3
Bank Strategic Plan 2 2
Shareholder Aspects 2 2
Implementation of Anti-Fraud Strategy, including Anti-Bribery 3 3
Implementation of sustainable finance, including Implementation of Social and Environmental Responsibility 2 2
Implementation of Governance in Bank Business Groups 2 2
Transparency of Financial and Non-Financial Conditions, GCG Implementation Reports and Internal Reporting 2 2
Ranking 3 3
Table of Consolidated GCG Assessment Results (Bank Jatim with Bank NTB Syariah)
Parameter Dec 2024
Implementation of Duties and Responsibilities of the Board of Commissioners 3
Implementation of Duties and Responsibilities of the Board of Directors 2
Implementation of Duties and Responsibilities of the Sharia Supervisory Board 2
Completeness and Implementation of Committee Duties 3
Handling of Conflicts of Interest 2
Implementation of Bank Compliance Function 3
PT Bank Pembangunan Daerah Jawa Timur Tbk 539
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07 Corporate
Governance
Parameter Dec 2024
Implementation of Internal Audit Function 3
Implementation of External Audit Function 1
Implementation of Risk Management Function Including Internal Control System 3
Provision of Remuneration 2
Provision of funds to related parties and large debtors (Large Exposure) 2
Integrity of Reporting and Information Technology System 3
Bank Strategic Plan 2
Shareholder Aspect 2
Implementation of Anti-Fraud Strategy, including Anti-Bribery 3
Implementation of sustainable finance, including Implementation of Social and Environmental Responsibility 2
Implementation of Governance in Bank Business Groups 2
Transparency of Financial and Non-Financial Conditions, GCG Implementation Reports and Internal Reporting 2
Ranking 3
540 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
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Recommendations and Follow Up Parties That Carry Out The Assessment
Throughout 2024, there were recommendations from the The assessment is carried out by the ASEAN Capital Market
Financial Services Authority (OJK) regarding the reporting Forum (ACMF) as a representative in each participating country
results for the June 2024 period, which have been followed up to carry out the assessment on a national scale and is appointed
and reported in the December 2024 reporting period. by the regulator of each country.
ASEAN Corporate Governance The Score of Assessment
Scorecard
Based on the results of the 2021 ACGS Bank Jatim assessment,
Assessment of the implementation of good corporate Bank Jatim received the ASEAN Asset Class award in the
governance (GCG) was also carried out based on the ASEAN ASEAN Corporate Governance Scorecard (ACGS) ranking by
Corporate Governance Scorecard (ACGS) criteria which the ASEAN Capital Market Forum (ACMF).
adopted the principles of Corporate Governance issued by
The Organization for Economic Cooperation and Development
(OECD). Recommendations and Follow Up
There are recommendations for improvements related to the
Assessment Criteria implementation and disclosure of governance at Bank Jatim.
These improvement recommendations become the basis for
The ACGS assessment criteria include the following 5 (five) carrying out continuous improvement.
aspects:
1. Rights of Shareholders;
2. Equal Treatment of Shareholders;
3. The Role of Stakeholders;
4. Disclosure and Transparency;
5. Responsibilities of Directors and Commissioners.
PT Bank Pembangunan Daerah Jawa Timur Tbk 541
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542 PT Bank Pembangunan Daerah Jawa Timur Tbk
Page 545
Corporate
Social
Responsibility
08
PT Bank Pembangunan Daerah Jawa Timur Tbk 543
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08 Corporate Social
Responsibility
Bank Jatim implements its social responsibility activities by As a financial services institution, the implementation of
referring to the principle of sustainability. Bank Jatim always corporate social responsibility at Bank Jatim refers to POJK
considers the impact of every decision and its business No. 51/POJK.03/2017 concerning the Implementation of
activities on society and the natural environment through Sustainable Finance for Financial Service Institutions of
transparent and ethical behavior. Issuers and Public Companies and the international standard,
namely ISO 26000. In accordance with the Circular Letter
Bank Jatim is committed to implementing sustainable principles of the Financial Services Authority No. 16 /SEOJK.04/2021
that are able to create economic, social and ecological values Regarding the Form and Contents of the Annual Report of
in the process and at the level of policy and decision making Issuers or Public Companies Information on corporate social
that can drive the Bank’s success while still contributing to the responsibility, especially related to sustainable governance,
achievement of sustainable development goals. Sustainable sustainable economic performance, sustainable environmental
development goals include ensuring the integrity of the performance and sustainable social performance is submitted
environment as well as the safety, capabilities, well-being and in the Sustainability Report which is presented separately from
quality of life of present and future generations. the Annual Report.
544 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
2024
OJK
Index
Criteria Explanation Page Regulations
General
Annual Report is well printed and bound. The Annual Report is well printed and bound. √ POJK 29
Annual Report must be reproduced in the form √ POJK 29
of printed copies of documents and electronic
copies of documents.
Annual Reports are presented in Indonesian √ POJK 29
and foreign languages
Annual Report must be published on the √ POJK 29
Issuer’s or Public Company’s Website on the
same date as the submission of the Annual
Report to the Financial Services Authority.
Performance Highlights
Summary of important financial data contains Information includes, among others:
financial information presented in comparative
form for 3 (three) financial years or since 1. Sales revenue. 22 SEOJK 16
starting their business if the Issuer or Public
2. Gross profit. 22
Company has been running its business
activities for less than 3 (three) years. 3. Operational profit. 22 SEOJK 9
4. Profit before tax. 23
5. Net profit. 23
6. Profit and loss. 23 SEOJK 16
7. Total comprehensive profit (loss). 23 SEOJK 9
8. Total profit (loss) attributable to owners of the parent 23 SEOJK 16
entity and non-controlling interests.
9. Total comprehensive profit (loss). 23 SEOJK 16
10. Total comprehensive profit (loss) attributable to owners 23
of the parent entity and non-controlling interests.
11. Earnings (loss) per share. 23 SEOJK 9
SEOJK 16
12. Total assets. 21
13. Total liabilities. 21
14. Total equity. 22
15. Third-party funds. 21 SEOJK 9
16. Loans received. 21
17. Ratio of profit (loss) to total assets. 25 SEOJK 16
18. Profit (loss) to equity ratio. 25
19. Profit (loss) to revenue/sales ratio. 25
20. Current ratio. 25
21. Liability to equity ratio. 25
22. Ratio of liabilities to total assets. 25
PT Bank Pembangunan Daerah Jawa Timur Tbk 545
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Criteria Explanation Page Regulations
23. CAR ratio. 25 SEOJK 9
24. Productive assets. 25
25. Non-performing loans (NPL) ratio. 25
26. Ratio of Operating Expenses to Operating Income (BOPO). 25
27. Cost to Income Ratio(CIR). 25
28. Net Interest Margin (NIM) ratio. 25
29. Percentage of violations and exceedances of the Legal 25
Lending Limit (BMPK).
30. Statutory Reserve Ratio (GWM). 25
31. Net Open Position (NOP) Ratio. 25
32. Information and other financial ratios that are relevant to 25 SEOJK 9
the issuer or public company and the type of industry. SEOJK 16
Stock Information Information on shares for Public Companies at least contains: SEOJK 16
1. Shares that have been issued for each quarter presented
in comparative form for the last 2 (two) financial years, at
least contain:
a. Number of outstanding shares. 26
b. Market capitalization is based on the price on the stock 26
exchange where the shares are listed.
c. The highest, lowest and closing share prices are based 26
on the price on the stock exchange where the shares are
listed.
d. Volumetrading on the stock exchange where the shares 26
are listed.
Information in letter b), letter c) and letter d) is only
disclosed if the shares are listed on the stock exchange.
Information is presented in the form of graphs and tables.
2. such as a stock split, reverse stock, stock dividends, bonus 28 SEOJK 16
shares, changes in the nominal value of shares, issuance of
convertible securities, and additions and capital reduction,
share information as referred to in number 1) is added with
an explanation of at least:
a. The date of implementation of the corporate action.
b. Stock split ratios, reverse stock ratios, stock dividends,
bonus shares, number of convertible securities issued,
and changes in share nominal value.
c. The number of outstanding shares before and after the
corporate action.
d. The number of effect conversions implemented (if any).
e. Stock prices before and after corporate actions.
3. In the event of a temporary suspension of share trading 28 SEOJK 16
(suspension) and/or delisting of shares during the financial
year, the reasons for the temporary suspension of share
trading (suspension) and/or delisting of shares (delisting)
shall be explained.
546 PT Bank Pembangunan Daerah Jawa Timur Tbk
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Annual Report
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Criteria Explanation Page Regulations
4. In the event that the temporary suspension of share 28 SEOJK 16
trading (suspension) as referred to in number 3) and/or
the process of canceling the listing of shares (delisting) is
still ongoing until the end of the Annual Report period, the
actions taken to resolve the temporary suspension of share
trading (suspension) and/or cancellation are explained.
listing of shares (delisting).
REPORT OF DIRECTORS AND BOARD OF COMMISSIONERS
Directors Report The Board of Directors’ report contains at least a brief
description of:
1. Performance of Issuers or Public Companies, at least
includes:
a. Issuer’s or Public Company’s strategy and strategic 44-45 SEOJK 9
policies (including for UUS if the Bank owns UUS). SEOJK 16
b. The role of the Board of Directors in formulating the 44 SEOJK 16
strategy and strategic policies of the Issuer or Public
Company.
c. The process carried out by the Board of Directors to 44
ensure the implementation of the Issuer’s or Public
Company’s strategy.
d. Comparison between the results achieved and those 44-45 SEOJK 9
targeted by the Issuer or Public Company. SEOJK 16
e. Obstacles faced by Issuers or Public Companies. 45
f. Organizational structure. 38 SEOJK 9
g. Main activity. 36
h. Information Technology. 38
i. Types of products and services offered, including lending 36-37
to debtors of micro, small and medium enterprises.
j. Interest rates for raising and providing funds. 39-44
k. Economic development and target market. 38-39
l. Networks and business partners at home and/or abroad. 38
m. Number, type and location of offices. 38
n. Ownership of the Board of Directors, Board of N/A
Commissioners and shareholders in the Bank’s business
group.
o. Important changes that occurred in the Bank and the N/A
Bank’s business group in the year concerned.
p. Important things that are expected to happen in the 45-46
future.
q. Human resources include the number, level of education, 38
training, and development of human resources.
2. An overview of the business prospects of the Issuer or 45-46 SEOJK 9
Public Company. SEOJK 16
3. Implementation of Issuer or Public Company governance. 46-47
PT Bank Pembangunan Daerah Jawa Timur Tbk 547
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Criteria Explanation Page Regulations
Report of the Board of The Board of Commissioners’ report contains at least a brief
Commissioners description of:
1. Assessment of the Board of Directors’ performance 52-55 SEOJK 16
regarding the management of Issuers or Public Companies, SEOJK 9
including oversight by the Board of Commissioners in the
formulation and implementation of the Issuer’s or Public
Company’s strategy carried out by the Board of Directors.
2. Views on the business prospects of Issuers or Public 55
Companies compiled by the Board of Directors.
3. Views on the implementation of governance of the Issuer 55-57
or Public Company.
4. Changes in the composition of the Board of Commissioners 58 SEOJK 9
(if any) and reasons for the changes.
5. Frequency and method of providing advice to members of 52
the Board of Directors.
Statement Letter from Members of the Board Statement Letter from Members of the Board of Directors 64-65 SEOJK 16
of Directors and Members of the Board of and Members of the Board of Commissioners regarding POJK 29
Commissioners Responsibility for the Annual Report. Statement letter from
members of the Board of Directors and members of the
Board of Commissioners regarding responsibility for the
Annual Report is prepared in accordance with the format of
Statement Letter from Members of the Board of Directors
and Members of the Board of Commissioners regarding
Responsibility for the Annual Report.
COMPANY PROFILE
Company name and full address Access to Issuers or Public Companies including branch offices 68 SEOJK 9
or representative offices that enable the public to obtain SEOJK 16
information about Issuers or Public Companies, including:
1. Address
2. Phone number
3. Email address
4. Website address
Name and address of branch office or Contains information including:
representative office (if any)
Name and address of the branch/representative office, 69-70
including:
a. Address
b. Phone number
c. Email address
d. Website address
Notes: if the company does not have subsidiaries, branch
offices, and representative offices, so that it is disclosed.
Brief history of Issuer or Public Company Include among others: date/year of establishment, name, 72-73 SEOJK 9
change of company name (if any), and effective date of SEOJK 16
change of company name.
Notes: if the company has never changed its name, please
disclose it.
Vision, Mission and Corporate Culture Includes: SEOJK 9
SEOJK 16
1. Company Vision 74
2. Company Mission 75
3. Statement that the vision and mission have been reviewed 76
and approved by the Board of Directors/Board of
Commissioners in the financial year.
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Annual Report
2024
Criteria Explanation Page Regulations
Business activities Description of, among others: SEOJK 9
SEOJK 16
1. The company’s business activities according to the latest 79
articles of association.
2. Business Activities Undertaken. 80
3. Products and/or services produced. 80-92
Operational Area Issuer’s or Public Company’s operational area. The operational 94-97 SEOJK 16
area is the area or area where operational activities are carried
out or the scope of the company’s operational activities.
Organizational structure The organizational structure of the Issuer or Public Company 98-99 SEOJK 9
in the form of a chart, at least up to 1 (one) level below the SEOJK 16
Board of Directors including committees under the Board
of Directors (if any) and committees under the Board of
Commissioners, accompanied by names and positions.
Association Membership List of industry association memberships both on a national 97 SEOJK 16
and international scale related to the implementation of
sustainable finance.
Board of Directors Profile Profile of the Board of Directors, at least contains: 100-107 SEOJK 9
SEOJK 16
1. Name and position in accordance with the duties and
responsibilities.
2. Latest photos.
3. Age.
4. Citizenship.
5. Educational history and/or certification.
6. Position history, including information on:
a. The legal basis for appointment as a member of the Board
of Directors of the Issuer or Public Company concerned
b. Concurrent positions, both as members of the Board
of Directors, members of the Board of Commissioners,
and/or committee members as well as other positions
both inside and outside the Issuer or Public Company. In
the event that members of the Board of Directors do not
have concurrent positions, then this is disclosed.
c. Work experience and time period both inside and
outside the Issuer or Public Company.
7. of the Board of Commissioners, major shareholders and 104 SEOJK 9
controllers, either directly or indirectly to individual SEOJK 16
owners, including names of affiliated parties. In the event POJK 13
that members of the Board of Directors have no affiliation,
the Issuer or Public Company shall disclose this. Financial
relationships and family relationships of members of
the Board of Directors and members of the Board of
Commissioners with other members of the Board of
Directors, other members of the Board of Commissioners,
and/or controlling shareholders of the Bank.
8. Changes in the composition of members of the Board of 104-106 SEOJK 16
Directors and reasons for the changes. In the event that
there is no change in the composition of the members of
the Board of Directors, this will be disclosed.
PT Bank Pembangunan Daerah Jawa Timur Tbk 549
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Criteria Explanation Page Regulations
Profile of the Board of Profile of the Board of Commissioners, at least contains: 111-115 SEOJK 9
Commissioners SEOJK 16
1. Name and position.
2. Latest photos.
3. Age.
4. Citizenship.
5. Educational history and/or certification.
6. Position history, including information on:
a. The legal basis for appointment as a member of the Board
of Directors of the Issuer or Public Company concerned
b. Legal basis for the first appointment as a member of
the Board of Commissioners who is an independent
commissioner of the Issuer or Public Company concerned.
c. Concurrent positions, both as members of the Board
of Directors, members of the Board of Commissioners,
and/or committee members as well as other positions
both inside and outside the Issuer or Public Company. In
the event that members of the Board of Directors do not
have concurrent positions, then this is disclosed.
d. Work experience and time period both inside and
outside the Issuer or Public Company.
7. Affiliation with other members of the Board of Directors, 116 SEOJK 9
members of the Board of Commissioners, major SEOJK 13
shareholders and controllers, either directly or indirectly to SEOJK 16
individual owners, including names of affiliated parties. In POJK 17
the event that members of the Board of Directors have no
affiliation, the Issuer or Public Company shall disclose this.
Financial relationships and family relationships of members
of the Board of Directors and members of the Board
of Commissioners with other members of the Board of
Directors, other members of the Board of Commissioners,
and/or controlling shareholders of the Bank.
8. Statement of independence of the independent N/A SEOJK 16
commissioner in the event that the independent
commissioner has served more than 2 (two) terms.
9. Changes in the composition of members of the Board of 116-117
Directors and reasons for the changes. In the event that
there is no change in the composition of the members of
the Board of Directors, this will be disclosed.
Executive officer brief profile Including the composition of executive officers along with 121-136 SEOJK 9
their positions and a summary of Curriculum Vitae.
Number of employees and employee Data on employee competency development that has been 137-138 SEOJK 9
competency development data. carried out in the financial year consisting of parties (position SEOJK 16
levels) who attended training, types of training, and training
objectives as well as equal opportunities for all employees.
Employee competency development costs that have been
incurred in the financial year.
Shareholder composition Names of shareholders and percentage of ownership at the SEOJK 9
beginning and end of the financial year, which consists of SEOJK 16
information regarding: POJK 17
1. Shareholders who own 5% (five percent) or more shares of 141
Issuers or Public Companies.
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2. Members of the Board of Directors and members of the 143
Board of Commissioners who own shares of Issuers or
Public Companies.
In the event that all members of the Board of Directors
and/or all members of the Board of Commissioners do not
own shares, then this matter shall be disclosedthe.
3. shares by members of the Board of Directors and members 143
of the Board of Commissioners at the beginning and end
of the financial year, including information regarding
shareholders who are registered in the register of
shareholders for the benefit of indirect ownership by
members of the Board of Directors and members of the
Board of Commissioners.
In the event that all members of the Board of Directors
and/or all members of the Board of Commissioners do
not have indirect ownership of the shares of the Issuer or
Public Company, then this matter must be disclosed.
Directors and commissioners who own Shares (Directors
and Board of Commissioners/Supervisory Board must
report to the company regarding their and/or family’s
share ownership in the company concerned and other
companies, including any changes thereto).
4. Group of public shareholders, namely groups of 142 SEOJK 16
shareholders who each own less than 5% (five percent) of
the shares of the Issuer or Public Company.
5. Number of shareholders and percentage of ownership at 144 SEOJK 16
the end of the financial year based on classification:
a. Ownership of local institutions.
b. Ownership of foreign institutions.
c. Local individual ownership.
d. Foreign individual ownership.
The above information can be presented in tabular form.
Major and controlling shareholder Information regarding major shareholders and controllers of 144 SEOJK 9
Issuers or Public Companies, either directly or indirectly, up SEOJK 16
to individual owners, presented in the form of a schematic or
chart.
List of associate subsidiaries, venture Names of subsidiaries, associated companies, joint venture 145 SEOJK 9
companies companies where the Issuer or Public Company has joint SEOJK 16
control of the entity (if any), along with the percentage of
share ownership, line of business, total assets, and operating
status of subsidiaries, associated companies, joint venture
companies.
For subsidiaries, information regarding the address of the
subsidiary is added.
Information related to the Bank Business Banks that are part of a business group and/or have 147 SEOJK 9
Group Subsidiaries, must add:
The structure of the Bank’s business group which includes:
a. The structure of the Bank’s business group consists of the
Bank, Subsidiaries, sister companies, Parent Entity up to
the ultimate shareholder.
b. Management linkage structure within the Bank’s business
group.
c. Shareholders acting on behalf of other shareholders. The
definition of a shareholder acting on behalf of another
shareholder is an individual shareholder or an entity that
has the common goal of controlling the Bank, based on or
not based on an agreement.
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Share listing chronology Chronology of share listing, number of shares, number of 146-149 SEOJK 16
listed shares after each corporate action, nominal value, and
offering price from the beginning of listing to the end of the
financial year as well as the name of the stock exchange where
the Issuer’s or Public Company’s shares are listed, including
stock splits ( stock split), merger of shares (reverse stock),
stock dividends, bonus shares, and changes in the nominal
value of shares, implementation of conversion effects,
implementation of capital additions and reductions (if any).
Information on the listing of other securities Information on the listing of other securities that are not yet 149 SEOJK 16
due in the financial year at least contains the names of the
securities, the type of corporate action that causes a change
in the number of other securities, year of issue, interest rate/
yield, maturity date, offering value, name of stock exchange
where other securities are listed, and securities rating (if any).
Information on the use of public accounting Information on the use of public accounting services (AP) 150 SEOJK 16
services (AP) and public accounting firms and public accounting firms (KAP) and their networks/
(KAP) associations/alliance includes:
1. Name and address.
2. Assignment period.
3. Information on audit and/or non-audit services provided.
4. Audit and/or non-audit service fees for each assignment
given during the financial year.
5. In the event that the designated AP and KAP and their
network/ association/alliance do not provide non-audit
services, then the information shall be disclosed.
Disclosure of information on the use of AP and KAP services
and their networks/associations/alliances can be presented
in tabular form.
Name and address of supporting institution Names and addresses of capital market supporting 151 SEOJK 16
and/or profession. institutions and/or professions other than AP and KAP.
Awards and Certifications. Information includes, among others: 152-155 SEOJK 9
1. Name of award and/or certification (national and
international scale).
2. Year of award and/or certification.
3. Awarding and/or certification bodies.
4. Validity period (for certification).
MANAGEMENT DISCUSSION AND ANALYSIS OF THE COMPANY’S PERFORMANCE
Bank Strategic Plan 1. Long term plan (corporate plan). 165-166 SEOJK 13
2. Medium and short term plans (business plan). POJK 17
Operational review per business segment Operational review per business segment according to the 167 SEOJK 9
type of industry of the Issuer or Public Company, at least SEOJK 16
concerning:
1. Explanation of each business segment.
2. Performance per business segment, among others: 170-191
a. Production, which includes process, capacity, and
development.
b. Increase/decrease in production capacity. 171-199
c. Sales/business income. 171-199
d. Profitability. 202
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Description of the company’s Comprehensive financial performance which includes a 202 SEOJK 9
financial performance comparison of financial performance in the last 2 (two) SEOJK 16
financial years (in the form of narratives and tables), an
explanation of the causes of the changes and the impact of
these changes, at least concerning:
1. Current assets, non-current assets, and total assets.
2. Short term liabilities, long term liabilities and total 203-204,
liabilities. 206-216
3. Funding (investment and giving credit/financing). 204-205,
217-222
4. Third party funds and other funding sources. 204,
213-214
5. Equity. 204, 218
6. Income/sales, expenses, profit (loss), other comprehensive 205-206,
income, and total comprehensive profit (loss). 223-224
7. Cash flow. 224-231
8. Basic credit interest rate. 231-233 SEOJK 9
Analysis of the quality of earning assets and 241 SEOJK 9
relevant financial ratios.
Discussion and analysis of the ability to pay Explanation of: 242-247 SEOJK 16
debts and the collectability of the company’s
1. Ability to pay debts, both short term (liquidity) and long
receivables, by presenting the calculation of
term (solvability).
the relevant ratio according to the type of
company’s industry. 2. Receivables collectibility level. 234
Discussion on capital structure and Top explanation: 235-236 SEOJK 16
management policies on capital structure
1. Details of the capital structure (capital structure), which
(capital structure policy).
consists of interest-based debt/sukuk and equity.
2. Management policies on capital structure (capital structure 249
policies).
3. Basis for selection of management policies. 248
Discussion on material commitments for Explanation of: 248 SEOJK 16
capital goods investment (not funding
1. The name of the party making the bond.
commitments) in the last financial year.
2. The purpose of the bond. 274
3. Source of funds expected to fulfill these ties.
4. The currency to be denominated.
5. The steps the company plans to take to protect against
risks from related foreign currency positions.
Notes: if the company has no ties related to investment in
capital goods in the last financial year to be disclosed.
Discussion on investment in capital goods Explanation of: SEOJK 9
realized in the last financial year. SEOJK 16
1. Types of investment in capital goods.
2. The purpose of investing in capital goods. 274
3. Investment value of capital goods issued in the last
financial year.
Notes: if there is no realization of investment in capital goods,
so that it is disclosed.
Description of the company’s business The business prospects of Issuers or Public Companies SEOJK 16
prospects. are linked to industry conditions, the general economy
and international markets accompanied by quantitative
supporting data from reliable data sources.
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Comparative information between targets at Comparison between targets/projections at the beginning 276-279 SEOJK 16
the beginning of the financial year with the of the financial year with the results achieved (realization),
results achieved (realization), and targets or regarding:
projections to be achieved for the
next year. 1. Sales revenue.
2. Profit and loss. 279
3. Capital structure. 279
4. Marketing. 280
5. HR Development. 280-281
6. Other matters deemed important by the Issuer or Public 281
Company.
Targets/projections to be achieved by Issuers or Public 279
Companies for the next 1 (one) year, regarding:
1. Sales revenue.
2. Profit and loss. 282
3. Capital structure. 282
4. Dividend policy. 283
5. Marketing. 283
6. Pengembangan SDM. 283
7. Other matters deemed important by the Issuer or Public 283-284
Company.
Description of the marketing aspect. Marketing aspects of the Issuer’s or Public Company’s goods 282 SEOJK 9
and/or services, at least regarding marketing strategy and SEOJK 16
market share.
Description of dividends for the last 2 (two) Description of dividends for the last 2 (two) financial years, 167-170 SEOJK 16
financial years. at least:
1. The dividend policy, among other things, contains
information on the percentage of the amount of dividends
distributed to net income.
2. Cash dividend payment date and/or non-cash dividend 285
distribution date.
3. Amount of dividends per share (cash and/or non-cash). 286
4. The amount of dividends per year paid. 285
Notes: if there is no distribution of dividends, please state the 285
reasons.
Realization of the use of proceeds from the Contains descriptions of: SEOJK 16
public offering (in the event that the company
is still required to submit a report on the
realization of the use of funds)
1. Total proceeds.
2. Fund usage plan. 286
3. Details of use of funds.
4. Fund balance.
5. The date of approval of the GMS/RUPO for changes in the
use of funds (if any).
a. a. In the event that during the financial year, the Issuer
has an obligation to submit a report on the realization of
the use of funds, the cumulative realization of the use
of proceeds from public offerings until the end of the
financial year is disclosed.
b. In the event that there is a change in the use of funds as
stipulated in the Financial Services Authority Regulation
regarding the report on the realization of the use of
funds from a public offering, the Issuer shall explain the
change.
Note: if you do not have information on the realization of the
use of proceeds from a public offering, please disclose it.
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Material information (if any), including Contains descriptions of: SEOJK 16
investment, expansion, divestment, business
merger/ consolidation, acquisition, debt/
a. Date, value, and transaction object. 286-287,
capital restructuring, material transactions,
290-291
affiliated transactions, and conflict of interest
transactions. b. The name of the party conducting the transaction. 289-290
c. Nature of the affiliation relationship (if any). 289-290
d. Explanation of the fairness of the transaction. 288, 291
e. Fulfillment of related provisions. 288, 291
f. In the event that there is an affiliation relationship, apart
from disclosing the information referred to in number a)
through number f), the Issuer or Public Company also
discloses information:
1) The Board of Directors’ statement that affiliated 288, 291
transactions have gone through adequate procedures
to ensure that affiliated transactions are carried out in
accordance with generally accepted business practices,
among others, carried out by fulfilling the arm’s length
principle.
2) The role of the Board of Commissioners and the audit 288, 291
committee in carrying out adequate procedures to
ensure that affiliated transactions are carried out in
accordance with generally accepted business practices,
among others, is carried out by fulfilling the arm’s length
principle.
g. For affiliate transactions or material transactions 288, 291
which are business activities carried out in order to
generate business income and are carried out routinely,
repeatedly and/or continuously, an explanation is added
that the affiliated transactions or material transactions
are business activities carried out in order to generate
business income and are carried out routinely,
repeatedly, and/or continuously.
In the case of affiliated transactions or material
transactions referred to have been disclosed in the
annual financial statements, information is added
regarding references to disclosure in the said annual
financial statements.
h. For disclosure of affiliated transactions and/or N/A SEOJK 16
conflict of interest transactions which are the result SEOJK 13
of the implementation of affiliated transactions and/
or conflict of interest transactions that have been
approved by independent shareholders, information
is added regarding the date of the GMS that approves
the affiliated transactions and/or conflict of interest
transactions.
i. In the event that there are no affiliated transactions 287
and/or conflict of interest transactions, then this is
disclosed.
Description of changes to laws and regulations The description contains, among others: SEOJK 16
on companies in the last financial year.
1. The names of the laws and regulations that have changed. 292-294
2. The impact (quantitative and/or qualitative) on the 292-294
company (if significant) or the statement that the impact
is not significant.
Notes: if there is no change in laws and regulations in the last
financial year, so that it is disclosed.
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Description of changes in accounting policies The description contains, among others: SEOJK 16
implemented by the company in the last
1. Changes in accounting policies. 294
financial year.
2. Reasons for changes in accounting policies. 293
3. Quantitative impact on financial statements. 294
Notes: If there is no change in accounting policy in the last
financial
Information on Risk Exposure and Risk exposure and capital includes annual period risk and 250-274 SEOJK 9
Capital. capital exposure reports as stipulated in part II of the
Publication Report on risk and capital exposure.
GOOD CORPORATE GOVERNANCE
GMS. Information regarding GMS resolutions in the financial year 349-361 SEOJK 16
and 1 (one) year before the financial year includes:
a. GMS resolutions in the financial year and 1 (one) year prior
to the financial year realized in the financial year.
b. GMS decisions in the financial year and 1 (one) year prior
to the financial year that have not been realized along with
the reasons for not being realized.
In the event that an Issuer or Public Company uses an
independent party in the implementation of the GMS to carry
out the vote count, it shall be disclosed regarding this matter.
Directors. 1. Duties and responsibilities of each member of the Board 365 SEOJK 13
of Directors. Information regarding the duties and SEOJK 16
responsibilities of each member of the Board of Directors POJK 17
is described and can be presented in tabular form.
2. Statement that the Board of Directors has a guideline or 364 SEOJK 16
charter (charter) of the Board of Directors.
3. Policy and implementation of the frequency of meetings of 366-370 SEOJK 16
the Board of Directors, meetings of the Board of Directors
with the of Commissioners, and the level of attendance
of members of the Board of Directors at these meetings
including attendance at the GMS. Information on the level
of attendance of members of the Board of Directors at
meetings of the Board of Directors, meetings of the Board
of Directors with the Board of Commissioners or GMS can
be presented in tabular form.
4. Training and/or competency improvement for members of 370-371 SEOJK 16
the Board of Directors:
a. Policy on training and/or competency improvement
for members of the Board of Directors, including an
orientation program for newly appointed members of
the Board of Directors (if any).
b. Training and/or competency improvement attended by
members of the Board of Directors in the financial year
(if any).
5. The Board of Directors’ assessment of the performance 374-375 SEOJK 16
of the committees that support the implementation of
the duties of the Board of Directors in the financial year
contains at least:
a. Performance appraisal procedures.
b. The criteria used include performance achievements
during the financial year, competence and attendance
at meetings.
In the event that the Issuer or Public Company does not
have a committee that supports the implementation
of the duties of the Board of Directors, this will be
disclosed.
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6. members of the Board of Commissioners who reach 5% 418 SEOJK 13
(five percent) or more of paid-up capital, which includes POJK 17
the type and number of shares in:
a. The bank in question...
b. other banks.
c. Non-bank financial institutions.
d. Other companies domiciled both inside and outside the
country.
Board of Commissioners. 1. Duties and responsibilities of the Board of Commissioners. 376 SEOJK 13
SEOJK 16
POJK 17
2. Statement that the Board of Commissioners has guidelines 378 SEOJK 16
or charter of the Board of Commissioners.
3. Policy and implementation of the frequency of meetings 384-391 SEOJK 13
of the Board of Commissioners, meetings of the Board of SEOJK 16
Commissioners with the Board of Directors and the level
of attendance of members of the Board of Commissioners
at these meetings including attendance at the GMS.
Information on the level of attendance of members of
the Board of Commissioners at meetings of the Board
of Commissioners, meetings between the Board of
Commissioners and the Board of Directors, or GMS can be
presented in tabular form.
4. Training and/or competency improvement for members of 391-393 SEOJK 16
the Board of Commissioners:
a. Policy on training and/or competency improvement for
members of the Board of Commissioners, including an
orientation program for newly appointed members of
the Board of Commissioners (if any).
b. Training and/or competency improvement attended by
members of the Board of Commissioners in the financial
year (if any).
5. Assessment of the performance of the Board of Directors 394-404 SEOJK 16
and the Board of Commissioners as well as each member
of the Board of Directors and members of the Board of
Commissioners, contains at least:
a. Procedure for implementing performance appraisal.
b. The criteria used include performance achievements
during the financial year, competence and attendance
at meetings.
c. The party making the assessment.
6. The Board of Commissioners’ assessment of the 405-410 SEOJK 16
performance of the Committees that support the
implementation of the duties of the Board of Commissioners
in the financial year includes:
a. Performance appraisal procedures.
b. The criteria used include performance achievements
during the financial year, competence and attendance
at meetings.
Nomination and remuneration of the Board of Least load:
Directors and Board of Commissioners.
1. Nomination procedures, including a brief description 414 SEOJK 16
of the policies and nomination process for members of
the Board of Directors and/or members of the Board of
Commissioners.
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2. Procedures and implementation of remuneration for the 414-416 SEOJK 16
Board of Directors and Board of Commissioners, including:
a. Procedure for determining remuneration for the Board
of Directors and Board of Commissioners.
b. Disclosure of indicators for determining the
remuneration of the Board of Directors.
c. The remuneration structure for the Board of Directors
and the Board of Commissioners such as salaries,
allowances, bonuses/ bonuses and others; And
Notes: if there are no performance bonuses, non
performance bonuses and stock options received by
each member of the Board of Commissioners and Board
of Directors, to be disclosed.
d. The amount of remuneration for each member of
the Board of Directors and members of the Board of
Commissioners;
Disclosure of information can be presented in tabular form.
Sharia supervisory board, for Issuers or Public Least load: 410-414 SEOJK 16
Companies that carry out business activities
a. Name.
based on sharia principles as stated in the
articles of association. b. The legal basis for the appointment of the Sharia
Supervisory Board.
c. The assignment period of the Sharia Supervisory Board.
d. Duties and responsibilities of the Sharia Supervisory
Board.
e. Frequency and method of providing advice and suggestions
as well as monitoring compliance with sharia principles in
the capital market to Issuers or Public Companies.
Audit Committee. 1. Name and title in the membership of the committee. 422-424 SEOJK 16
POJK 17
2. Age.
3. Citizenship.
4. Educational background.
5. Position history, including information on:
a. Legal basis for appointment as committee member.
b. Concurrent positions, both as members of the Board of
Commissioners, members of the board of directors, and/
or committee members and other positions (if any).
c. Work experience and time period both inside and
outside the issuer or public company.
6. Period and tenure of audit committee members.
7. Description of duties and responsibilities. 420-421
8. Audit committee independence statement. 425
9. Training and/or competency improvement that has been 427
attended in the financial year (if any).
10.Policy and implementation of the frequency of audit 425-426 SEOJK 13
committee meetings and the level of attendance of audit SEOJK 16
committee members at these meetings. POJK 17
11. Implementation of audit committee activities in the 427-429
financial year according to what is stated in the audit
committee guidelines or charter.
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Issuer or Public Company nomination and Least load:
remuneration committee or function.
1. Name and title in the membership of the committee. 431-432 SEOJK 16
POJK 17
2. Age.
3. Citizenship.
4. Educational background.
5. Position history, including information on:
a. Legal basis for appointment as committee member.
b. Concurrent positions, both as members of the Board of
Commissioners, members of the board of directors, and/
or committee members and other positions (if any).
c. Work experience and time period both inside and
outside the issuer or public company.
6. Period and tenure of committee members.
7. Committee independence statement. 433
8. Training and/or competency improvement that has been 434-435
attended in the financial year (if any).
9. Description of duties and responsibilities. 429-430
10.Statement that already has a guideline or charter. 429
11. Policy and implementation of the frequency of meetings 434-435
and the level of attendance of members at these meetings.
12.A brief description of the implementation of activities in 436
the financial year.
In the event that a nomination and remuneration committee
is not formed, it is sufficient for the Issuer or Public Company
to disclose the information referred to in letter i) to letter l)
and disclose:
1. The reasons for not forming the committee
2. Parties carrying out nomination and remuneration
functions.
Other committees owned by Issuers or Public Least load: 438-439 SEOJK 16
Companies in order to support the functions POJK 17
and duties of the Board of Directors (if any)
and/ or committees that support the functions 1. Name and title in the membership of the committee.
and duties of the Board of Commissioners.
2. Age.
3. Citizenship.
4. Educational background.
5. Position history, including information on:
a. Legal basis for appointment as committee member.
b. Concurrent positions, both as members of the Board of
Commissioners, members of the board of directors, and/
or committee members and other positions (if any).
c. Work experience and time period both inside and
outside the issuer or public company.
6. Period and tenure of committee members.
7. Committee independence statement. 440
8. Training and/or competency improvement that has been 442
attended in the financial year (if any).
9. Description of duties and responsibilities. 437
10. Statement that already has a guideline or charter. 437
11. Policy and implementation of the frequency of meetings 440-441
and the level of attendance of members at these meetings.
12. A brief description of the implementation of activities in 442-443
the financial year.
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Company secretary. 1. Name. 445 SEOJK 16
2. domicile.
3. Position history, including:
a. Legal basis for appointment as company secretary.
b. Work experience and time period both inside and
outside the issuer or public company.
4. Educational background.
5. Training and/or competency improvement attended in the 445
financial year.
6. Brief description of the implementation of the duties of the 446
corporate secretary in the financial year.
Internal Audit Unit. 1. Name of the head of the internal audit unit. 447 SEOJK 16
POJK 17
2. Position history, including:
a. Legal basis for appointment as company secretary.
b. Work experience and time period both inside and
outside the issuer or public company.
3. Qualification or certification as internal audit profession (if
any).
4. Number of employees (internal auditors) in the internal 448
audit unit.
5. Training and/or competency improvement attended in the 449
financial year.
6. The structure and position of the internal audit unit. 446-447
7. Description of duties and responsibilities. 448
8. A statement that the internal audit unit has guidelines or 448
charters.
9. A brief description of the implementation of the duties of 450
the internal audit unit in the financial year including the
policy and implementation of the frequency of meetings
with the directors, board of commissioners and/or the
audit committee.
Public Accountant. 1. The name and year of the public accountant who audited 477 POJK 17
the annual financial statements for the last 5 years.
2. The name and year of the public accountant who audited
the annual financial statements for the last 5 years.
3. The amount of the fee for each type of service provided by
the Public Accounting Firm in the last financial year.
4. Other services provided by the Public Accounting Firm
and public accountants in addition to auditing the annual
financial statements for the last financial year.
Notes: if there is no other service in question, so that it is
disclosed.
Description of the internal control system 1. Financial and operational control, as well as compliance 478-479 SEOJK 13
implemented by the issuer or public company. with other laws and regulations. SEOJK 16
2. Review of the effectiveness of the internal control system. 480-481
3. Statement of the Board of Directors and/or Board of 481 SEOJK 16
Commissioners regarding the adequacy of the internal
control system.
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Risk management system implemented by 1. General description of the Issuer’s or Public Company’s 481-487 SEOJK 16
Issuers or Public Companies. risk management system. SEOJK 13
2. Types of risk and how to manage them. 487-490
3. Review of the effectiveness of the Issuer’s or Public 491-492
Company’s risk management system.
4. Statement of the Board of Directors and/or Board of 492 SEOJK 16
Commissioners or the audit committee on the adequacy of
the risk management system.
Compliance function. The level of the Bank’s compliance with all provisions and 492-495 SEOJK 13
laws and regulations as well as fulfillment of commitments POJK 17
with the competent authorities.
Legal cases with a material impact faced by 1. Main case/lawsuit. 495-498 SEOJK 16
issuers or public companies, subsidiaries,
2. Case/lawsuit settlement status.
members of the board of directors and
members of the board of commissioners (if 3. The impact on the condition of issuers or public companies.
any). The risks faced by the company and the nominal value of
claims/lawsuits.
4. Disclosure regarding legal issues at least includes: 495 SEOJK 13
a. the number of civil and criminal cases faced and
decisions that have permanent legal force.
b. the number of civil and criminal matters faced and still in
the process of being resolved.
Notes: in the event that the company, subsidiaries,
members of the Board of Commissioners and members
of the Board of Directors do not have important matters,
this must be disclosed.
Information on administrative sanctions/ 498-499 SEOJK 16
sanctions imposed on issuers or public
companies, board members commissioners
and members of the board of directors, by
the Financial Services Authority and other
authorities in the financial year (if any).
Information regarding the code of ethics of 1. Principles of the code of ethics. 509-511 SEOJK 16
Issuers or Public Companies
2. Forms of dissemination of the code of ethics and 511-512
enforcement efforts
3. Statement that the code of ethics applies to members 511
of the Board of Directors, members of the Board of
Commissioners, and employees of the Issuer or Public
Company
Implementation of Governance in 1. Remuneration Committee 473 POJK 45
Providing Remuneration for Banks. a. Name of members, composition, duties and
responsibilities.
b. Number of meetings held.
c. Remuneration that has been paid to members of the
Remuneration Committee for 1 (one) year.
2. Remuneration policy formulation process which includes: 473
a. Review of the background and objectives of the
Remuneration policy.
b. Implementation of a review of the Remuneration policy
in the previous year, along with its improvements.
c. Mechanism to ensure that Remuneration for Employees
in the control unit is independent from the work unit
they supervise.
3. Remuneration policy coverage and its implementation 473
per business unit, per region and in subsidiaries or branch
offices located overseas
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Criteria Explanation Page Regulations
4. Remuneration is associated with risks that include: 473
a. The main type of risk (key risk) used in implementing
Remuneration.
b. Criteria for determining the main types of risk, including
for risks that are difficult to measure.
c. The impact of determining the main risk on the Variable
Remuneration policy.
d. Changes in the determination of the main types of risk
compared to last year and the reasons, if any.
5. Performance measurement is associated with 473-474
Remuneration which includes:
a. Review of Remuneration policies linked to performance
appraisal.
b. The method of linking individual Remuneration
with Bank performance, work unit performance and
individual performance.
c. A description of the method used by the Bank to state
that the agreed performance cannot be achieved, so
it is necessary to make adjustments to remuneration
and the amount of remuneration adjustments if this
condition occurs.
6. Remuneration Adjustment is related to Performance and 474
Risk which includes:
a. Policy regarding Variable Remuneration that is deferred,
the amount, and the criteria for determining the amount.
b. The Bank’s policy regarding Variable Deferred
Remuneration which is postponed for payment (malus),
or withdrawn when it has been paid (clawback).
7. The name of the external consultant and the duties of the 474
consultant related to the Remuneration policy, if the Bank
uses the services of an external consultant
8. The Remuneration Package and facilities received by the 474
Board of Directors and Board of Commissioners include
the Remuneration structure and details of the nominal
amount.
9. Variable Remuneration includes: 474
a. Forms of Variable Remuneration along with the reasons
for choosing this form. And
b. An explanation if there are differences in the provision
of Variable Remuneration among the Directors, Board
of Commissioners and/or Employees.
10. the number of Directors, Board of Commissioners and 474
Employees who receive Variable Remuneration for 1 (one)
year, and the total amount.
11. Position and number of parties who are material risk 474
takers.
12. Shares optionowned by the Board of Directors, Board of 474
Commissioners and Executive Officers.
13. The ratio of the highest and lowest salaries 475
14. The number of beneficiaries and the total amount of 475
Variable Remuneration guaranteed unconditionally will be
given by the Bank to candidates for the Board of Directors,
candidates for the Board of Commissioners, and/or
prospective Employees during the first 1 (one) year of work
15. The number of employees affected by termination of 475
employment and the total amount of severance paid
16. The total amount of deferred Variable Remuneration, 475
which consists of cash and/or shares or share-based
instruments issued by the Bank.
17. The total amount of deferred Variable Remuneration paid 475
for 1 (one) year.
562 PT Bank Pembangunan Daerah Jawa Timur Tbk
Page 565
Annual Report
2024
Criteria Explanation Page Regulations
18. Details of the amount of Remuneration given in one year 475
include:
a. Fixed or variable remuneration.
b. Deferred and non-deferred remuneration.
c. Forms of Remuneration provided in cash and/or shares
or share-based instruments issued by the Bank.
19. Quantitative information about: 476
a. The total remaining Remuneration that is still
suspended, both exposed to implicit and explicit
adjustments.
a. Total reduction in Remuneration caused by explicit
adjustments during the reporting period.
b. Total reduction in Remuneration caused by implicit
adjustments during the reporting period.
A brief description of the policy of providing In terms of compensation in the form of management 514-516 SEOJK 16
performance-based longterm compensation stock ownership program (MSOP) and/or employee stock
to management and/or employees owned ownership program (ESOP).
by issuers or public companies (if any), The information disclosed shall contain at least:
including but not limited to management stock
1. Number of shares and/or options.
ownership programs program ownership/
MSOP) and/or employee stock ownership 2. Implementation period.
program (ESOP).
3. Eligible employee and/or management requirements.
4. The exercise price or the determination of the exercise
price.
A brief description of the Information 1. Share ownership of members of the Board of Directors and 414-415 SEOJK 16
disclosure policy regarding members of the Board of Commissioners no later than 3
(three) working days after the ownership or any change in
ownership of the shares of the Public Company.
2. Implementation of the intended policy.
Description of the whistleblowing 1. How to submit a violation report. 512 SEOJK 16
system at the Issuer or Public Company.
2. Protection for reporters. 512
3. The handling of complaints. 512-514
4. The party managing the complaint. 515
5. The results of handling complaints, at least: 515
a. Number of complaints received and processed in the
financial year.
b. Complaint follow-up.
In the event that an issuer or a public company does not have
a whistleblowing system, this will be disclosed.
Description of the Issuer’s or Public Company’s 1. Programs and procedures carried out in Overcoming 515-519 SEOJK 16
anti-corruption policy. corrupt practices, kickbacks, fraud, bribery and/or POJK 17
gratuities in Issuers or Public Companies.
2. Anti-corruption training/socialization for employees of 519
Issuers or Public Companies.
In the event that the Issuer or Public Company does not have
an anticorruption policy, the reasons for not having the said
policy will be explained.
Handling conflicts of interest 521 SEOJK 13
POJK 17
Provision of funds to related parties and Information that needs to be disclosed is the total amount of 521 SEOJK 13
provision of large funds (large exposure). debit balances for provision of funds to related parties and to
core debtors (individuals or groups) per report position
Transparency of the Bank’s financial and 523 SEOJK 13
non-financial conditions that have not been POJK 17
disclosed in other reports.
Other information related to Bank Governance, 522 SEOJK 13
including owner
intervention, internal disputes or problems that
arise as a result of
remuneration policies at the Bank.
PT Bank Pembangunan Daerah Jawa Timur Tbk 563
Page 566
Criteria Explanation Page Regulations
Number of Deviations (Internal Fraud). Disclosure of irregularities (internal fraud) at least includes: 521 SEOJK 13
1. Number of deviations (internal fraud) that have been
resolved.
2. The number of irregularities (internal fraud) that are in the
process of being resolved internally at the bank.
3. Number of irregularities (internal fraud) that have not been
resolved internally at the bank.
4. The number of irregularities (internal fraud) that have been
followed up through the legal process.
Buy Back of Shares and/or Bank Bonds. 1. Policy in buying back shares or bonds of the Bank. 521 SEOJK 13
2. Number of shares and/or bonds bought back.
3. Repurchase price per share and/or bond.
4. Increase in earnings per share and/or bonds.
Provision of Funds for Social Activities and/or Disclosure regarding the provision of funds for social activities 521 SEOJK 13
Political Activities During the and/or political activities at least includes the recipient of the
Reporting Period. funds and the
amount of funds provided.
Implementation of sustainable finance, 523 POJK 17
including implementation of social and
environmental responsibility
Implementation of Public Company governance 1. Statement regarding recommendations that have been 524-532 SEOJK 16
guidelines for Issuers that issue equity implemented and/or
securities or Public Companies.
2. Explanation of recommendations that have not been
implemented, accompanied by reasons and alternatives
for implementation (if any).
Disclosure of information can be presented in tabular form.
SOCIAL AND ENVIRONMENTAL RESPONSIBILITY OF THE ISSUER OR PUBLIC COMPANY
Corporate Social Responsibility 1. The information disclosed in the social and environmental 539 SEOJK 16
responsibility section is a Sustainability Report as intended
in Financial Services Authority Regulation Number
51/POJK.03/2017 concerning the Implementation of
Sustainable Finance for Financial Services Institutions,
Issuers and Public Companies, containing at least :
a) Explanation of sustainability strategy.
b) Overview of sustainability aspects (economic, social and
environmental).
c) Brief profile of the Issuer or Public Company.
d) Directors’ Explanation.
e) Sustainability governance.
f) Sustainability performance.
g) Written verification from an independent party, if any.
h) Feedback sheet for readers, if any.
i) The Issuer’s or Public Company’s response to feedback
from the previous year’s report.
2. Sustainability Report as referred to in number 1), must be
prepared in accordance with the Technical Guidelines for
Preparing Sustainability Reports for Issuers and Public
Companies as stated in Appendix II which is an inseparable
part of this Financial Services Authority Circular Letter.
3. Sustainability Report information in number 1) can:
a) Disclosed in other relevant sections outside the social
and environmental responsibility section, such as the
Directors’ explanation regarding the Sustainability
Report disclosed in the relevant section of the Directors’
Report; and/or
564 PT Bank Pembangunan Daerah Jawa Timur Tbk
Page 567
Annual Report
2024
Criteria Explanation Page Regulations
b) Refer to other sections outside the social and
environmental responsibility section while still referring
to the Technical Guidelines for Preparing Sustainability
Reports for Issuers and Public Companies as listed in
Appendix II which is an inseparable part of this Financial
Services Authority Circular Letter, such as the profile
Issuer or Public Company.
4. The Sustainability Report as referred to in number 1) is an
inseparable part of the Annual Report but can be presented
separately from the Annual Report.
5. In the event that the Sustainability Report is presented
separately from the Annual Report, the information
disclosed in the Sustainability Report must:
a) Contains all information as intended in number 1); And
b) Prepared in accordance with the Technical Guidelines
for Preparing Sustainability Reports for Issuers and
Public Companies as stated in Appendix II which is an
inseparable part of this Financial Services Authority
Circular Letter.
6. If the Sustainability Report is presented separately from
the Annual Report, then the social and environmental
responsibility section contains information that information
regarding social and environmental responsibility has been
disclosed in the Sustainability Report which is presented
separately from the Annual Report.
7. Submission of a Sustainability Report which is presented
separately with the Annual Report must be submitted
simultaneously with the submission of the Annual Report.
Note
SEOJK 16 : Financial Services Authority Circular No. 16/SEOJK.04/2021 concerning Form and Content of Annual Reports of Issuers or Public
Companies.
SEOJK 9 : Financial Services Authority Circular No. 9/SEOJK.03/2020 concerning Transparency and Publication of Conventional Commercial
Bank Reports.
SEOJK 13 Financial Services Authority Circular No. 13/SEOJK.03/2017 concerning Implementation of Governance for Commercial Banks.
POJK 45 : Financial Services Authority Regulation No. 45/POJK.03/2015 concerning Implementation of Governance in Providing
Remuneration for Commercial Banks.
POJK 17 : Financial Services Authority Regulation 17 of 2023 concerning the Implementation of Governance for Commercial Banks
PT Bank Pembangunan Daerah Jawa Timur Tbk 565
Page 568
Laporan Keuangan Konsolidasian
31 Desember 2024 dan 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut
beserta laporan auditor independen/
Consolidated Financial Statements
as of December 31, 2024 and 2023
and for the years then ended with independent auditor’s report
PT Bank Pembangunan Daerah Jawa Timur Tbk
dan Entitas Anak
Page 569
DAFTAR ISI / TABLE OF CONTENTS
Halaman / Pages
SURAT PERNYATAAN DIREKSI BOARD OF DIRECTORS' STATEMENT
LAPORAN AUDITOR INDEPENDEN INDEPENDENT AUDITORS' REPORT
LAPORAN KEUANGAN FINANCIAL STATEMENTS
LAPORAN POSISI CONSOLIDATED STATEMENTS
KEUANGAN KONSOLIDASIAN 1-2 OF FINANCIAL POSITION
LAPORAN LABA RUGI DAN CONSOLIDATED STATEMENTS OF
PENGHASILAN KOMPREHENSIF PROFIT OR LOSS AND OTHER
LAIN KONSOLIDASIAN 3 COMPREHENSIVE INCOME
LAPORAN PERUBAHAN CONSOLIDATED STATEMENTS
EKUITAS KONSOLIDASIAN 4 OF CHANGES IN EQUITY
LAPORAN ARUS KAS KONSOLIDASIAN 5-6 CONSOLIDATED STATEMENTS OF CASHFLOWS
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN 7 - 160 FINANCIAL STATEMENTS
LAMPIRAN 1 - 4 161 - 167 APPENDIX 1 - 4
Page 570
Page 571
Page 572
Page 573
Page 574
Page 575
Page 576
Page 577
Page 578
Page 579
Page 580
Page 581
Page 582
Page 583
Page 584
Page 585
Page 586
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
LAPORAN POSISI KEUANGAN KONSOLIDASIAN CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
31 Desember 2024 dan 2023 December 31, 2024 and 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
31 Desember/ 31 Desember/ 1 Januari/
Catatan/ December 31, December 31, January 1,
Notes 2024 2023 2 0 2 3 *)
ASET ASSETS
Kas 3 2.867.479 2.652.775 1.988.262 Cash
Giro pada Bank Indonesia 4 5.584.147 7.971.412 10.786.740 Current accounts with Bank Indonesia
Giro pada bank lain 5 505.084 491.330 303.129 Current account with other banks
Cadangan kerugian penurunan nilai (277) (1.077) (441) Allowance for impairment losses
504.807 490.253 302.688
Penempatan pada Bank Indonesia 6 Placements with Bank Indonesia
dan bank lain 1.633.470 5.234.721 6.916.329 and other Banks
Cadangan kerugian penurunan nilai (1.278) (5.026) (3.154) Allowance for impairment losses
1.632.192 5.229.695 6.913.175
Tagihan spot dan derivatif 7 1.144 - 361 Receivables of spot and derivative
Surat berharga 8 20.367.544 16.323.831 23.217.671 Marketable securities
Cadangan kerugian penurunan nilai (3.052) (511) (400) Allowance for impairment losses
20.364.492 16.323.320 23.217.271
Surat berharga yang dijual dengan Marketable securities sold under
janji dibeli kembali 9 9.149.544 8.303.663 4.095.066 repurchased agreement
Tagihan dari surat berharga yang dibeli Receivable from marketable securities
dengan janji dijual kembali 10 617.860 6.247.318 7.822.847 purchased under resale agreement
Tagihan lainnya 11 333.339 275.049 384.591 Other receivables
Cadangan kerugian penurunan nilai (79.003) (58.656) (43.412) Allowance for impairment losses
254.336 216.393 341.179
Kredit yang diberikan 12 Loans and
dan piutang/pembiayaan syariah sharia receivables/financing
- Pihak berelasi 112.444 184.817 134.871 Related parties -
- Pihak ketiga 75.240.296 54.576.086 46.061.786 Third parties -
Jumlah 75.352.740 54.760.903 46.196.657 Total
Cadangan kerugian penurunan nilai (2.113.224) (1.364.905) (1.318.612) Allowance for impairment losses
73.239.516 53.395.998 44.878.045
Pendapatan bunga yang
masih akan diterima 13 790.520 685.734 646.125 Accrued interest income
Biaya dibayar dimuka 14 206.572 207.452 166.661 Prepaid expenses
Penyertaan saham 15 2.568 - - Investment in shares
Aset tetap dan aset hak guna 16 Fixed assets and right-of-use assets
Biaya perolehan 2.980.176 2.110.487 2.006.123 Cost
Akumulasi penyusutan (1.054.455) (856.218) (746.465) Accumulated depreciation
1.925.721 1.254.269 1.259.658
Aset takberwujud 17 162.946 23.444 24.592 Intangible assets
Aset pajak tangguhan, neto 25 438.391 472.123 502.238 Deferred tax assets, net
Piutang pajak 25 67.274 777 493 Tax receivables
Aset lain-lain, neto 18 332.618 380.147 85.966 Other assets, net
JUMLAH ASET 118.142.127 103.854.773 103.031.367 TOTAL ASSETS
*) *)
Reklasifikasi akun (Catatan 64) Reclassification of accounts (Note 64)
Catatan atas laporan keuangan konsolidasian merupakan bagian yang The accompanying notes to the consolidated financial statements
tidak terpisahkan dari laporan keuangan konsolidasian secara keseluruhan form an integral part of these consolidated financial statements as a whole
1
Page 587
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
LAPORAN POSISI KEUANGAN KONSOLIDASIAN CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
31 Desember 2024 dan 2023 December 31, 2024 and 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
31 Desember/ 31 Desember/ 1 Januari/
Catatan/ December 31, December 31, January 1,
Notes 2024 2023 2 0 2 3 *)
LIABILITAS, DANA SYIRKAH LIABILITIES, TEMPORARY
TEMPORER DAN EKUITAS SYIRKAH FUNDS AND EQUITY
LIABILITAS LIABILITIES
Liabilitas segera 19 914.703 987.604 872.514 Obligation due immediately
Simpanan dari nasabah 20 Deposits from customers
- Pihak berelasi 12.268.842 12.644.538 15.295.405 Related parties -
- Pihak ketiga 62.787.996 63.205.317 64.630.285 Third parties -
75.056.838 75.849.855 79.925.690
Simpanan dari bank lain 21 Deposits from other banks
- Pihak berelasi 44.323 56.694 141.996 Related parties -
- Pihak ketiga 689.451 2.503.627 3.168.842 Third parties -
733.774 2.560.321 3.310.838
Liabilitas surat berharga yang dijual 22 Liabilities of marketable securities sold
dengan janji dibeli kembali 8.780.366 7.915.163 3.891.346 under repurchase agreement
Surat berharga yang diterbitkan 23 102.389 - - Securities issued
Pinjaman yang diterima 24 1.527.532 596.977 631.464 Borrowings
Utang pajak 25 85.316 143.245 90.783 Taxes payable
Beban yang masih harus dibayar 26 442.600 504.748 520.840 Accrued expenses
Liabilitas lain-lain 27 809.256 779.314 472.054 Other liabilities
JUMLAH LIABILITAS 88.452.774 89.337.227 89.715.529 TOTAL LIABILITIES
DANA SYIRKAH TEMPORER TEMPORARY SYIRKAH FUNDS
Simpanan dari nasabah 28 Deposits from customers
- Pihak berelasi 1.193.291 3.764 2.302 Related parties -
- Pihak ketiga 13.765.482 2.343.291 1.839.390 Third parties -
14.958.773 2.347.055 1.841.692
Simpanan dari bank lain 28 Deposits from other banks
- Pihak ketiga 130.541 19.422 28.285 Third parties -
130.541 19.422 28.285
TOTAL DANA SYIRKAH TEMPORER 15.089.314 2.366.477 1.869.977 TEMPORARY SYIRKAH FUNDS
TOTAL LIABILITAS DAN TOTAL LIABILITIES AND
103.542.088 91.703.704 91.585.506
DANA SYIRKAH TEMPORER TEMPORARY SYIRKAH FUNDS
*) *)
Reklasifikasi akun (Catatan 64) Reclassification of accounts (Note 64)
Catatan atas laporan keuangan konsolidasian merupakan bagian yang The accompanying notes to the consolidated financial statements
tidak terpisahkan dari laporan keuangan konsolidasian secara keseluruhan form an integral part of these consolidated financial statements as a whole
2
Page 588
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
LAPORAN POSISI KEUANGAN KONSOLIDASIAN CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
31 Desember 2024 dan 2023 December 31, 2024 and 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
31 Desember/ 31 Desember/ 1 Januari/
Catatan/ December 31, December 31, January 1,
*)
Notes 2024 2023 2023
EKUITAS EQUITY
Modal saham Share capital
Seri A : nilai nominal Rp250 Series A : Rp250 (full Rupiah)
(Rupiah penuh) per saham per value per share
Seri B : nilai nominal Rp250 Series B: Rp250 (full Rupiah)
(Rupiah penuh) per saham per value per share
Modal dasar Authorized
Seri A : 24.000.000.000 saham Series A : 24,000,000,000 shares
Seri B : 12.000.000.000 saham Series B : 12,000,000,000 shares
Modal ditempatkan dan disetor penuh Issued and fully paid
Seri A : 11.934.147.982 saham Series A : 11,934,147,982 shares
Seri B : 3.081.350.100 saham 30 3.753.875 3.753.875 3.753.875 Series B : 3,081,350,100 shares
Tambahan modal disetor 30 532.734 532.734 532.734 Paid-in capital
Surplus revaluasi aset tetap 788.317 788.049 789.998 Revalution surplus of fixed assets
Pengukuran kembali liabilitas imbalan Remeasurement of defined employee
kerja pasti - setelah pajak tangguhan 43 (135.364) (117.777) (100.912) benefit liabilities - net of deferred tax
Kerugian yang belum direalisasi atas aset Unrealized loss financial assets
keuangan yang diukur pada nilai wajar measured at fair value through
melalui penghasilan komprehensif lain other comprehensive income
- setelah pajak tangguhan (150.141) (63.958) (115.048) - net of deferred tax
Saldo laba Retained earnings
Cadangan umum 6.441.453 5.788.041 5.042.390 General reserve
Belum ditentukan penggunaannya 1.281.718 1.470.105 1.542.824 Unappropriated
Kepentingan non-pengendali Non-controlling interests
atas aset bersih Entitas Anak in net assets of
yang dikonsolidasi 29 2.087.447 - - consolidated Subsidiary
JUMLAH EKUITAS 14.600.039 12.151.069 11.445.861 TOTAL EQUITY
JUMLAH LIABILITAS, DANA SYIRKAH TOTAL LIABILITIES, TEMPORARY
118.142.127 103.854.773 103.031.367
TEMPORER DAN EKUITAS SYIRKAH FUNDS AND EQUITY
- - -
*) *)
Reklasifikasi akun (Catatan 64) Reclassification of accounts (Note 64)
Catatan atas laporan keuangan konsolidasian merupakan bagian yang The accompanying notes to the consolidated financial statements
tidak terpisahkan dari laporan keuangan konsolidasian secara keseluruhan form an integral part of these consolidated financial statements as a whole
3
Page 589
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
LAPORAN LABA RUGI CONSOLIDATED STATEMENTS OF PROFIT OR LOSS
DAN PENGHASILAN KOMPREHENSIF LAIN KONSOLIDASIAN AND OTHER COMPREHENSIVE INCOME
Untuk tahun berakhir pada tanggal-tanggal For the years ended
31 Desember 2024 dan 2023 December 31, 2024 and 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Catatan/
Notes 2024 2023
PENDAPATAN DAN BEBAN OPERATING INCOME AND
OPERASIONAL EXPENSES
Pendapatan bunga 32 8.381.809 7.357.284 Interest income
Beban bunga 33 (2.656.211) (2.316.184) Interest expense
Pendapatan bunga bersih 5.725.598 5.041.100 Net interest income
Pendapatan operasional lainnya 832.238 648.420 Other operating income
Beban operasional lainnya Other operating expenses
Tenaga kerja 36 (1.745.062) (1.624.532) Personnel
Umum dan administrasi 37 (1.499.676) (1.315.015) General and administrative
Penyisihan atas penurunan nilai Allowance for impairment
aset keuangan 35 (1.287.595) (694.136) losses on financial assets
Beban lainnya 38 (368.502) (200.796) Other expenses
Jumlah beban operasional lainnya (4.900.835) (3.834.479) Total other operating expenses
LABA OPERASIONAL 1.657.001 1.855.041 INCOME FROM OPERATIONS
PENDAPATAN (BEBAN) NON- NON-OPERATING
OPERASIONAL INCOME (EXPENSES)
Pendapatan non-operasional 39 71.242 57.041 Non-operating income
Beban non-operasional 40 (45.526) (19.339) Non-operating expenses
PENDAPATAN NON-OPERASIONAL - BERSIH 25.716 37.702 NON-OPERATING INCOME - NET
LABA SEBELUM PAJAK PENGHASILAN 1.682.717 1.892.743 INCOME BEFORE INCOME TAX
BEBAN PAJAK PENGHASILAN INCOME TAX EXPENSE
Kini 25c (298.802) (399.474) Current
Tangguhan 25g (88.097) (23.164) Deferred
BEBAN PAJAK PENGHASILAN (386.899) (422.638) INCOME TAX EXPENSE
LABA BERSIH 1.295.818 1.470.105 NET INCOME
Catatan atas laporan keuangan konsolidasian merupakan bagian yang The accompanying notes to the consolidated financial statements
tidak terpisahkan dari laporan keuangan konsolidasian secara keseluruhan form an integral part of these consolidated financial statements as a whole
4
Page 590
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
LAPORAN LABA RUGI CONSOLIDATED STATEMENTS OF PROFIT OR LOSS
DAN PENGHASILAN KOMPREHENSIF LAIN KONSOLIDASIAN AND OTHER COMPREHENSIVE INCOME
Untuk tahun berakhir pada tanggal-tanggal For the years ended
31 Desember 2024 dan 2023 December 31, 2024 and 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Catatan/
Notes 2024 2023
PENGHASILAN KOMPREHENSIF LAIN OTHER COMPREHENSIVE INCOME
Pos-pos yang akan direklasifikasi Items that will be reclassified
ke laba rugi: subsequently to profit or loss:
Keuntungan (kerugian) yang belum Unrealized gain (loss) on
direalisasi atas aset keuangan yang financial assets measured
diukur pada nilai wajar melalui at fair value through other
penghasilan komprehensif lain (107.359) 63.074 comprehensive income
Pajak penghasilan terkait 20.206 (11.984) Related income taxes
(87.153) 51.090
Pos-pos yang tidak akan Items that will not be reclassified
direklasifikasi ke laba rugi: subsequently to profit or loss:
Defisit revaluasi aset tetap (16.190) (1.949) Revaluation deficit of fixed assets
Pengukuran kembali liabilitas Remeasurement of employee
imbalan kerja (20.469) (21.898) benefit liabilities
Pajak penghasilan terkait 3.627 5.033 Related income taxes
(33.032) (18.814)
Penghasilan komprehensif Other comprehensive
(120.185) 32.276
lain - setelah pajak income - net of tax
JUMLAH LABA TOTAL COMPREHENSIVE
1.175.633 1.502.381
KOMPREHENSIF INCOME
Laba tahun berjalan yang Net income for the
dapat diatribusikan kepada: year attributable to:
Pemilik entitas induk 1.281.718 1.470.105 Equity holders of the parent entity
Kepentingan non-pengendali 14.100 - Non-controlling interest
1.295.818 1.470.105
Penghasilan komprehensif tahun Comprehensive income for
berjalan yang dapat diatribusikan kepada: the year attributable to:
Pemilik entitas induk 1.178.216 1.502.381 Equity holders of the parent entity
Kepentingan non-pengendali (2.583) - Non-controlling interest
1.175.633 1.502.381
LABA PER SAHAM DASAR 85,36 97,91 BASIC EARNINGS PER SHARE
Catatan atas laporan keuangan konsolidasian merupakan bagian yang The accompanying notes to the consolidated financial statements
tidak terpisahkan dari laporan keuangan konsolidasian secara keseluruhan form an integral part of these consolidated financial statements as a whole
5
Page 591
egaugnal naisenodnI eht ni era niereh dedulcni stnemetats laicnanif lanigiro ehT
H A R E A D N A N U G N A BM E P K N A B T P HAREAD NANUGNABMEP KNAB TP
YRAIDISBUS DNA kbT RUMIT AWAJ KANA SATITNE NAD kbT RUMIT AWAJ
YTIUQE NI SEGNAHC FO STNEMETATS DETADILOSNOC NAISADILOSNOK SATIUKE NAHABUREP NAROPAL
dedne sraey eht roF laggnat-laggnat adap rihkareb nuhat kutnU
3202 dna 4202 ,13 rebmeceD 3202 nad 4202 rebmeseD 13
)detats esiwrehto sselnu ,haipuR fo snoillim ni desserpxE( )nial nakataynid ilaucek ,haipuR naatuj malad nakijasiD(
gnay naigureK
isasilaerid muleb
ke fe -ke f e sa ta
adap rukuid gnay
nagnitnepeK narukugnep iguR iulalem rajaw ialiN
iladnegnepnon margorp ilabmek nalisahgnep
oten tesa sata - itsap taafnam /nial fisneherpmok
kanA satitnE kajap haletes ssol dezilaernU
gnay /nahuggnat elbatekram no
/isadilosnokid ss o L riaF ta seitiruces naialinep hisileS
gnillortnoc-noN tnemerusaemer hguorht eulav tesa ilabmek ladoM
sgninrae deniateR/abal odlaS
ten ni tseretni denifed fo re h t o / pa te t nahabmaT nad naktapmetid
nakutnetid muleB nakutnetid haleT evisneherpmoc
f o s tessa noisnep tifeneb noitulaveR /rotesid ladom /hunep rotesid
/satiuke halmuJ detadilosnoc /aynnaanuggnep /aynnaanuggnep fo ten- snalp - emocni dexif fo sulprus -diap lanoitiddA ylluf dna deussI /natataC
ytiuqe latoT yraidisbuS detairporppanU detairporppA xat derrefed xat derrefed fo ten s tessa latipac ni latipac diap setoN
2202 ,13 rebmeceD fo sa ecnalaB 168.544.11 - 428.245.1 093.240.5 ) 21 9.0 01 ( ) 84 0.5 11 ( 89 9.9 87 43 7.2 35 578.357.3 2202 rebmeseD 13 odlaS
evreser lareneg rof noitairporppA - - ) 15 6.5 47 ( 15 6.5 47 - - - - - e03 mumu nagnadac nakutnebmeP
sdnedivid hsac fo noitubirtsiD ) 37 1.7 97 ( - ) 37 1.7 97 ( - - - - - - e03 ianut nedivid naigabmeP
emocni evisneherpmoc latoT fisneherpmok abal halmuJ
raey eht rof 1 83. 20 5.1 - 5 01. 07 4.1 - )5 68. 61 ( 0 90. 15 ) 94 9.1 ( - - nalajreb nuhat
3202 ,13 rebmeceD fo sa ecnalaB 960.151.21 - 5 01. 07 4.1 1 40. 88 7.5 ) 77 7.7 11 ( )8 59. 36 ( 94 0.8 87 43 7.2 35 5 78. 35 7.3 3202 rebmeseD 13 odlaS
sdnuf latipac ni-diaP 0 01. 05 0 01. 05 - - - - - - - ladom narotes anaD
evreser lareneg rof noitairporppA - - ) 21 4.3 56 ( 21 4.3 56 - - - - - e03 mumu nagnadac nakutnebmeP
sdnedivid hsac fo noitubirtsiD ) 39 6.6 18 ( - ) 39 6.6 18 ( - - - - - - e03 ianut nedivid naigabmeP
emocni evisneherpmoc latoT fisneherpmok abal halmuJ
raey eht rof 3 36. 57 1.1 ) 38 5.2 ( 8 17. 18 2.1 - )7 85. 71 ( )3 81. 68 ( 8 62 - - nalajreb nuhat
tseretni gnillortnoc-noN iladnegnep-non nagnitnepeK
morf gnisira irad helorepid gnay
noitanibmoc ssenisub 0 39. 93 0.2 0 39. 93 0.2 - - - - - - - sinsib isanibmok
4202 ,13 rebmeceD fo sa ecnalaB 930.006.41 7 44. 78 0.2 8 17. 18 2.1 3 54. 14 4.6 ) 46 3.5 31 ( ) 14 1.0 51 ( 71 3.8 87 43 7.2 35 5 78. 35 7.3 4202 rebmeseD 13 odlaS
stnemetats laicnanif detadilosnoc eht ot seton gniynapmocca ehT gnay naigab nakapurem naisadilosnok nagnauek naropal sata natataC
elohw a sa stnemetats laicnanif detadilosnoc eseht fo trap largetni na mrof nahurulesek araces naisadilosnok nagnauek naropal irad nakhasipret kadit
6
Page 592
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
LAPORAN ARUS KAS KONSOLIDASIAN CONSOLIDATED STATEMENTS OF CASH FLOWS
Untuk tahun berakhir pada tanggal-tanggal For the years ended
31 Desember 2024 dan 2023 December 31, 2024 and 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Catatan/
Notes 2024 2023
ARUS KAS DARI AKTIVITAS OPERASI CASH FLOWS FROM OPERATING ACTIVITIES
Penerimaan bunga, provisi dan komisi 8.306.344 7.324.150 Interest, provision and commissions received
Pembayaran bunga (2.708.316) (2.310.264) Interest paid
Penerimaan pendapatan operasional lainnya 675.952 521.156 Other operating income received
Penerimaan kembali dari kredit hapus buku 156.285 127.264 Collection of loans written-off
Pembayaran beban umum dan administrasi (1.566.455) (1.283.327) General and administrative expenses paid
Pembayaran beban tenaga kerja (1.836.797) (1.763.167) Personnel expenses paid
Penerimaan pendapatan non-operasional 69.815 60.386 Non-operating income received
Pembayaran beban non-operasional (45.428) (19.337) Non-operating expenses paid
Pembayaran pajak penghasilan (313.729) (368.455) Income tax paid
Penerimaan kas sebelum perubahan Cash received before changes in
2.737.671 2.288.406
dalam aset dan liabilitas operasi operating assets and liabilities
Penurunan (kenaikan) dalam aset operasi Decrease (increase) in operating assets
Penempatan pada Bank Indonesia 101.500 (1.500) Placements with Bank Indonesia
dan bank lain and other Banks
Kredit yang diberikan (10.079.129) (9.193.797) Loans
Tagihan spot dan derivatif (1.144) - Receivables of spot and derivative
Surat berharga yang dijual dengan janji Marketable securities sold under
dibeli kembali (845.882) (4.208.597) repurchased agreement
Tagihan dari surat berharga yang dibeli Receivable from marketable securities
dengan janji dijual kembali 5.629.458 1.575.529 purchased under resale agreement
Aset lain-lain (112.232) (166.678) Other assets
Kenaikan (penurunan) liabilitas operasi Increase (decrease) in operating liabilities
Liabilitas segera (167.942) 115.091 Liabilities immediately payable
Simpanan nasabah (329.793) (3.570.473) Deposits from customers
Simpanan dari bank lain (1.834.568) (759.380) Deposits from other banks
Liabilitas surat berharga yang dijual Liabilities of marketable securities sold
dengan janji dibeli kembali 865.203 4.023.817 under repurchase agreement
Liabilitas lain-lain (183.478) 200.981 Other liabilities
Kas bersih digunakan untuk Net cash used in
(4.220.336) (9.696.601)
aktivitas operasi operating activities
ARUS KAS DARI AKTIVITAS INVESTASI CASH FLOWS FROM INVESTING ACTIVITIES
Efek-efek (1.421.131) 6.948.323 Marketable securities
Pembelian aset tetap (128.851) (132.044) Acquisitions of fixed assets
Pembelian aset takberwujud (3.377) (17.254) Acquisitions of intangible assets
Hasil penjualan aset tetap 1.470 5.608 Proceeds from sale of fixed assets
Akuisisi Entitas Anak (100.000) - Acquisition of Subsidiary
Kas yang diperoleh dari akuisisi Entitas Anak 1.126.261 - Cash receipts from acquisition of Subsidiary
Kas bersih diperoleh dari (digunakan untuk) Net cash provided by (used in)
(525.628) 6.804.633
aktivitas investasi investing activities
ARUS KAS DARI AKTIVITAS PENDANAAN CASH FLOWS FROM FINANCING ACTIVITIES
Penerimaan (pembayaran) dari Proceeds (payments of)
pinjaman yang diterima (230.423) 43.578 from borrowings
Penerimaan (pembayaran) liabilitas sewa (15.724) 6.316 Proceeds (payments of) lease liability
Penambahan modal disetor 50.100 - Additional paid-in capital
Pembayaran dividen kas (816.693) (797.173) Payments of cash dividens
Surat berharga yang diterbitkan 100.000 - Marketable securities issued
Kas bersih digunakan untuk Net cash used in
(912.740) (747.279)
aktivitas pendanaan financing activities
Catatan atas laporan keuangan konsolidasian merupakan bagian yang The accompanying notes to the consolidated financial statements
tidak terpisahkan dari laporan keuangan konsolidasian secara keseluruhan form an integral part of these consolidated financial statements as a whole
7
Page 593
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
LAPORAN ARUS KAS KONSOLIDASIAN CONSOLIDATED STATEMENTS OF CASH FLOWS
Untuk tahun berakhir pada tanggal-tanggal For the years ended
31 Desember 2024 dan 2023 December 31, 2024 and 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Catatan/
Notes 2024 2023
PENURUNAN BERSIH KAS NET DECREASE
DAN SETARA KAS (5.658.704) (3.639.247) IN CASH AND CASH EQUIVALENTS
Kas dan setara kas awal tahun 16.348.884 19.988.131 Cash and cash equivalents at beginning of year
Kas dan setara kas akhir tahun 10.690.180 16.348.884 Cash and cash equivalents at end of year
Kas dan setara kas terdiri dari: Cash and cash equivalents consist of:
Kas 2.867.479 2.652.775 Cash
Giro pada Bank Indonesia 5.584.147 7.971.412 Current accounts with Bank Indonesia
Giro pada bank lain 505.084 491.330 Current accounts with other banks
Penempatan pada Bank Indonesia dan Placements with Bank Indonesia
bank lain yang jatuh tempo dalam 3 bulan and other banks with original maturities
atau kurang sejak tanggal perolehan 1.733.470 5.233.367 of 3 months or less from acquisition date
Jumlah kas dan setara kas 10.690.180 16.348.884 Total cash and cash equivalents
- -
Catatan atas laporan keuangan konsolidasian merupakan bagian yang The accompanying notes to the consolidated financial statements
tidak terpisahkan dari laporan keuangan konsolidasian secara keseluruhan form an integral part of these consolidated financial statements as a whole
8
Page 594
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
1. INFORMASI UMUM 1. GENERAL INFORMATION
a. Pendirian Bank dan informasi umum a. Establishment of the Bank and general information
PT Bank Pembangunan Daerah Jawa Timur Tbk (“Bank”) PT Bank Pembangunan Daerah Jawa Timur Tbk (the “Bank”)
didirikan dengan nama PT Bank Pembangunan Daerah Djawa was established under the name of PT Bank Pembangunan
Timur pada tanggal 17 Agustus 1961 dengan akta yang dibuat Daerah Djawa Timur based on the notarial deed No.91 dated
oleh Notaris Anwar Mahajudin, No.91 tanggal 17 Agustus August 17, 1961 of Anwar Mahajudin. Pursuant to Law No.13
1961. Dengan adanya Undang-Undang No.13 tahun 1962 year 1962 regarding the Basic Terms for Regional Development
tentang Ketentuan Pokok Bank Pembangunan Daerah, yang Banks, which require that the establishment of Regional
mengharuskan Bank Pembangunan Daerah didirikan dengan Develsopment Banks be based on Municipal District
Peraturan Pemerintah Daerah, maka Pemerintah Daerah Regulations, therefore the Municipal District I of East Java
Tingkat I Jawa Timur mengeluarkan Peraturan Daerah No.2 issued Municipal District Regulation No.2 year 1976. Based on
tahun 1976. Atas dasar peraturan daerah tersebut, nama PT such Municipal District Regulation, the name of PT Bank
Bank Pembangunan Daerah Djawa Timur diubah menjadi Pembangunan Daerah Djawa Timur was changed to Bank
Bank Pembangunan Daerah Jawa Timur. Pembangunan Daerah Jawa Timur.
Peraturan Pemerintah Daerah tersebut disahkan oleh Menteri Such Municipal District Regulation was approved by the
Dalam Negeri dalam Surat Keputusan No.Pem.10/5/26-18 Minister of Internal Affairs under Decision Letter
tanggal 31 Januari 1977 dan diumumkan dalam Lembaran No.Pem.10/5/26-18 dated January 31, 1977 and published in
Daerah Propinsi Daerah Tingkat I Jawa Timur Tahun 1977 Seri the Municipal Gazette District I Province of East Java Year
C No.I/c tanggal 1 Februari 1977. Peraturan Daerah tersebut 1977 Series C No.I/c dated February 1, 1977. This Regulation
mengalami beberapa kali perubahan, dan yang terakhir diubah has been amended several times, with the latest amendment
dengan Peraturan Daerah No.11 tahun 1996 tanggal 30 being Municipal District Regulation No.11 year 1996, dated
Desember 1996 yang disahkan oleh Menteri Dalam Negeri December 30, 1996, which was approved by the Minister of
dengan Surat Keputusan No.584.35-280 tanggal 21 April 1997. Domestic Affairs in Decision Letter No.584.35-280 dated April
Dengan pengesahan Peraturan Daerah No.1 tahun 1999 oleh 21, 1997. Pursuant to the approval of Municipal District
DPRD Propinsi Jawa Timur tanggal 20 Maret 1999, dan oleh Regulation No.1 year 1999 by the Regional Legislative
Menteri Dalam Negeri dengan Surat Keputusan No.584.35-317 Assembly of East Java dated March 20, 1999 and by the
tanggal 14 April 1999, maka bentuk hukum Bank Minister of Domestic Affairs in Decision Letter No.584.35-317
Pembangunan Daerah Jawa Timur diubah dari Perusahaan dated April 14, 1999, the legal status of the Bank was changed
Daerah menjadi Perseroan Terbatas. from a Regional Corporation to a Limited Liability Company.
Perubahan status bentuk hukum tersebut sesuai dengan akta This change in status of legal form was based on the notarial
No.1 tanggal 1 Mei 1999 yang dibuat oleh Notaris R. Sonny deed No.1 dated May 1, 1999 of R. Sonny Hidayat Julistyo,
Hidayat Julistyo, S.H., dan telah disahkan oleh Menteri S.H., which has been approved by the Minister of Justice of the
Kehakiman Republik Indonesia dengan Surat Keputusan Republic of Indonesia in Decision Letter No.C2.8227.HT.01.01.
No.C2.8227.HT.01.01.TH.99 tanggal 5 Mei 1999 serta TH.99 dated May 5, 1999 and was published in the State
diumumkan dalam Lembaran Berita Negara Republik Gazette of the Republic of Indonesia No.42, dated May 25,
Indonesia tanggal 25 Mei 1999 No.42, Tambahan Berita 1999 in Supplement of the Republic of Indonesia
Negara Republik Indonesia No.3008/1999. No.3008/1999.
Seiring dengan perkembangan perekonomian dan dalam In line with the economic growth and to comply with the
rangka memenuhi persyaratan sebagai Bank Pembangunan requirement to be Regional Champion BPD, with one of the
Daerah (BPD) Regional Champion yang salah satu indicators is to strengthen the capital structure, an amendment
parameternya adalah untuk memperkuat permodalan, maka of Article of Associations was taken based on Extraordinary
dilakukan perubahan Anggaran Dasar Bank berdasarkan akta General Meetings of Shareholders Decision Deeds No.89 dated
No.89 tanggal 25 April 2012 yang dibuat oleh Notaris Fathiah April 25, 2012 of Fathiah Helmi, S.H., Notary in Jakarta and
Helmi, S.H., di Jakarta yang telah memperoleh persetujuan granted approval from Ministry of Law and Human Rights based
dari Kementerian Hukum dan Hak Asasi Manusia berdasarkan on decree No.AHU-22728.AH.01.02. Year 2012 dated April 30,
Surat Keputusan No.AHU-22728.AH.01.02. Tahun 2012 2012, registered on the Company list according to Limited
tanggal 30 April 2012, telah didaftarkan dalam Daftar Company Law with registration No.AHU-0038044.AH.01.09
Perseroan sesuai dengan Undang Undang Perseroan Year 2012 dated April 30, 2012, as well as by Decision Letter of
Terbatas dengan No.AHU-0038044.AH.01.09 Tahun 2012 the Capital Market and Financial Institutions Supervisory
tanggal 30 April 2012 serta berdasarkan Surat Keputusan Agency (BAPEPAM-LK) dated November 29, 2012 that
Badan Pengawas Pasar Modal dan Lembaga Keuangan declared effective registration statement to become a public
(BAPEPAM-LK) tanggal 29 November 2012 dinyatakan efektif company and changed its name to PT Bank Pembangunan
untuk pernyataan pendaftaran dan berubah nama menjadi PT Daerah Jawa Timur Tbk.
Bank Pembangunan Daerah Jawa Timur Tbk.
Selanjutnya, Anggaran Dasar tersebut telah beberapa kali Hereinafter, the Articles of Associations has been amended in a
mengalami perubahan, terakhir melalui Akta Pernyataan few times, the latest Deed No.107 dated October 30, 2024
Kembali Keputusan Rapat Nomor 107 tanggal 30 Oktober made by Sitaresmi Puspadewi Subianto SH., M.Kn., Notary in
2024 yang dibuat dihadapan Sitaresmi Puspadewi Subianto, Surabaya and has been registered on the Ministry of Law and
SH., M.Kn., Notaris di Surabaya dan telah memperoleh Human Rights of the Republic of Indonesia No.AHU-
Keputusan Menteri Hukum dan Hak Asasi Manusia Republik 00237827.AH.01.11 Year 2024 dated November 5, 2024
Indonesia Nomor AHU-00237827.AH.01.11.Tahun 2024 concerning the Acceptance of Notification of Amendments to
tanggal 5 November 2024 tentang Penerimaan Pemberitahuan the Articles of Association of PT Bank Pembangunan Daerah
Perubahan Anggaran Dasar PT Bank Pembangunan Daerah Jawa Timur Tbk.
Jawa Timur Tbk.
9
Page 595
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
1. INFORMASI UMUM (lanjutan) 1. GENERAL INFORMATION (continued)
a. Pendirian Bank dan informasi umum (lanjutan) a. Establishment of the Bank and general information
(continued)
Bank mulai melakukan kegiatan operasional sesuai Surat The Bank started its commercial operations in accordance with
Keputusan Menteri Keuangan Republik Indonesia No.BUM 9-4- the Decision Letter of the Minister of Finance of the Republic of
5 pada tanggal 15 Agustus 1961. Sedangkan Unit Usaha Indonesia No.BUM 9-4-5 on August 15, 1961. The Sharia
Syariah (UUS) dibentuk dan mulai beroperasi sejak tanggal 21 Operating Unit started its commercial operations on August 21,
Agustus 2007 sesuai dengan surat Persetujuan Prinsip 2007 in accordance with the approval letter from Bank
Pendirian UUS dari Bank Indonesia No.9/75/DS/Sb tanggal 4 Indonesia No.9/75/DS/Sb dated April 4, 2007 for the
April 2007. establishment of the Bank’s Sharia Operating Unit.
Entitas induk terakhir dari Bank adalah Pemerintah Provinsi The ultimate parent of the Bank is the Government of East Java
Jawa Timur. Province.
Bank memperoleh ijin untuk beroperasi sebagai bank devisa The Bank obtained a license to operate as foreign exchange
berdasarkan Surat Keputusan Direksi Bank Indonesia (BI) bank based on the decision letter No.23/28/KEP/DIR of the
No.23/28/KEP/DIR tanggal 2 Agustus 1990. Board of Director of Bank Indonesia (BI) dated August 2, 1990.
Sesuai dengan pasal 3 Anggaran Dasar Bank tersebut, ruang In accordance with article 3 of the Bank’s Articles of
lingkup kegiatan Bank adalah menjalankan kegiatan usaha di Association, The Bank’s scope of activities is to engage in
bidang perbankan, termasuk perbankan berdasarkan prinsip general banking services, including banking activities based on
Syariah serta kegiatan perbankan lainnya yang lazim sesuai Sharia principles and other banking activities in accordance
dengan peraturan perundang-undangan yang berlaku. with the prevailing laws and regulations.
Tugas utama Bank adalah ikut mendorong pertumbuhan The main role of the Bank is to participate in developing
potensi ekonomi daerah melalui peran sertanya dalam regional economic growth by providing facilities to small and
mengembangkan sektor-sektor usaha kredit kecil dan medium scale businesses to achieve appropriate profit levels.
menengah dalam rangka memperoleh laba yang optimal. Its main activities involve collecting and lending funds and
Kegiatan utamanya yaitu menghimpun dan menyalurkan dana rendering other banking services.
serta memberikan jasa-jasa perbankan lainnya.
b. Penawaran umum perdana saham b. Initial public offering (IPO)
Berdasarkan Surat Badan Pengawas Pasar Modal dan Based on letter No.S-8143/BL/2012 of the Capital Market and
Lembaga Keuangan (BAPEPAM-LK) No.S-8143/BL/2012 Financial Institutions Supervisory Agency (BAPEPAM-LK)
tanggal 29 November 2012, pernyataan pendaftaran yang dated November 29, 2012, the registration statement submitted
diajukan Bank dalam rangka Penawaran Umum Perdana by the Bank relating to the Initial Public Offering of
saham kepada masyarakat sejumlah 2.983.537.000 saham 2,983,537,000 Series B shares at Rp250 (full Rupiah) per share
Seri B, dengan nilai nominal sebesar Rp250 (Rupiah penuh) with selling price of Rp430 (full Rupiah) per share became
setiap saham dengan harga penawaran sebesar Rp430 per effective on November 29, 2012. The shares which were
saham (Rupiah penuh) telah menjadi efektif pada tanggal 29 offered to the public, were listed and traded on the Indonesia
November 2012. Saham yang ditawarkan tersebut dicatatkan Stock Exchange on July 12, 2012. The excess of the share
dan mulai diperdagangkan di Bursa Efek Indonesia pada offer price over the par value per share was recognized as
tanggal 12 Juli 2012. Selisih lebih antara harga penawaran per “Other paid-in capital - net of share issuance cost”, which is
saham dengan nilai nominal per saham dicatat sebagai presented under the Equity section of the Consolidated
“Tambahan modal disetor, setelah dikurangi dengan biaya Statement of Financial Position.
emisi saham”, yang disajikan pada bagian Ekuitas pada
Laporan Posisi Keuangan Konsolidasian.
Berkaitan dengan penawaran umum saham perdana, Bank In relation to the Initial Public Offering of the shares, the Bank
akan mengimplementasikan program Employee Stock will implement Employee Stock Allocation (ESA) program by
Allocation (ESA) dengan mengalokasikan saham sebanyak- allocating maximum of 10% of the newly issued shares and
banyaknya sebesar 10% dari jumlah penerbitan saham yang issued Management and Employee Stock Option Plan
ditawarkan dan menerbitkan opsi saham untuk program (MESOP) program with maximum of 0.71% of the issued and
Management and Employee Stock Option Plan (MESOP) paid-up shares after Initial Public Offering.
sebanyak-banyaknya sebesar 0,71% dari jumlah modal
ditempatkan dan disetor penuh setelah penawaran umum
perdana saham.
10
Page 596
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan 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 perdana saham (lanjutan) b. Initial public offering (IPO) (continued)
Program MESOP Tahap I Periode Tahun 2016 telah The MESOP Program Period 2016 Phase I has been
dilaksanakan dari tanggal 1 Agustus 2016 sampai dengan 13 implemented from August 1, 2016 to November 13, 2016,
November 2016, tanggal 1 Februari 2017 sampai dengan 13 February 1, 2017 to March 13, 2017, August 1, 2017 to
Maret 2017, tanggal 1 Agustus 2017 sampai dengan 13 November 13, 2017, February 1, 2018 to March 15, 2018,
November 2017, tanggal 1 Februari 2018 sampai dengan 15 August 1, 2019 to September 11, 2019. The MESOP Program
Maret 2018, tanggal 1 Agustus 2019 sampai dengan 11 Period 2017 Phase II has been implemented from August 1,
September 2019. Program MESOP Tahap II Periode Tahun 2017 to November 13, 2017, February 1, 2018 to March 15,
2017 telah dilaksanakan dari tanggal 1 Agustus 2017 sampai 2018, February 1, 2019 to March 18, 2019, August 1, 2019 to
dengan 13 November 2017, tanggal 1 Februari 2018 sampai September 11, 2019. The MESOP Program Phase III has been
dengan 15 Maret 2018, tanggal 1 Februari 2019 sampai implemented from August 1, 2018 to September 14, 2018,
dengan 18 Maret 2019, tanggal 1 Agustus 2019 sampai February 1, 2019 to March 18, 2019, August 1, 2019 to
dengan 11 September 2019. Program MESOP Tahap III telah September 11, 2019.
dilaksanakan tanggal 1 Agustus 2018 sampai dengan 14
September 2018, tanggal 1 Februari 2019 sampai 18 Maret
2019, tanggal 1 Agustus 2019 sampai dengan 11 September
2019.
c. Entitas Anak c. Subsidiary
Bank mempunyai kepemilikan langsung pada Entitas Anak The Bank has direct ownership in the following Subsidiary:
berikut:
Tahun mulai
beroperasi
komersial/ Persentase kepemilikan/ Total aset/
Year started Percentage of ownership Total assets
Nama perusahaan / Kegiatan usaha / commercial 31 Desember 2024/ 31 Desember 2024/
Company name Business activity operations December 31, 2024 December 31, 2024
PT Bank Pembangunan
Daerah Nusa Tenggara Perbankan Syariah 2018 4,09% 16.119.568
Barat Syariah
PT Bank Pembangunan Daerah Nusa Tenggara Barat Syariah PT Bank Pembangunan Daerah Nusa Tenggara Barat Syariah
("NTBS") pada awalnya didirikan dengan nama PT Bank ("NTBS") was initially established under the name PT Bank
Pembangunan Daerah Nusa Tenggara Barat dengan status Pembangunan Daerah Nusa Tenggara Barat as a Regional
Perusahaan Daerah dengan modal pertama pada tanggal 5 Government-Owned Enterprise with initial capital on July 5,
Juli 1964. Pada tanggal 24 September 2018 melalui Surat 1964. On September 24, 2018, through the Decree of the
Keputusan Menteri Hukum dan Hak Asasi Manusia Republik Minister of Law and Human Rights of the Republic of Indonesia
Indonesia No.AHU-0017252.AH.01.02 Tahun 2018, NTBS No.AHU-0017252.AH.01.02 of 2018, NTBS officially began
telah efektif beroperasional sebagai bisnis usaha syariah. operating as a Sharia business entity.
Perjanjian Antar Pemegang Saham oleh dan antara The Shareholders' Agreement by and between the Provincial
Pemerintah Provinsi Nusa Tenggara Barat dengan PT Bank Government of West Nusa Tenggara and PT Bank
Pembangunan Daerah Jawa Timur Tbk tanggal 8 Mei 2024 Pembangunan Daerah Jawa Timur Tbk dated May 8, 2024,
menyetujui Bank selaku Perusahaan Induk memiliki agrees that the Bank, as the Parent Company, has the authority
kewenangan untuk melakukan pengendalian dan to control and consolidate NTBS's financial statements into the
mengkonsolidasikan laporan keuangan NTBS ke dalam Bank's financial statements, and no other party will consolidate
laporan keuangan Bank dan tidak ada pihak lain yang NTBS's financial statements.
melakukan konsolidasi laporan keuangan NTBS.
NTBS tergabung dalam Kelompok Usaha Bank ("KUB") PT NTBS incorporated in the Bank Business Group ("KUB") of PT
Bank Pembangunan Daerah Jawa Timur Tbk dan Bank selaku Bank Pembangunan Daerah Jawa Timur Tbk and the Bank as
Perusahaan Induk serta NTBS selaku Perusahaan Anak telah the Parent Company and NTBS as the Subsidiary, have been
ditatausahakan dalam administrasi pengawasan Otoritas Jasa administered under the supervision of the Financial Services
Keuangan ("OJK") sesuai dengan Surat OJK No.S- Authority ("OJK") in accordance with the OJK Letter No.S-
38/KO.14/2024 perihal Penegasan Struktur Kelompok Usaha 38/KO.14/2024 regarding the Confirmation of the Bank
Bank PT Bank Pembangunan Daerah Jawa Timur Tbk tanggal Business Group Structure of PT Bank Pembangunan Daerah
23 Oktober 2024. Jawa Timur Tbk dated October 23, 2024.
11
Page 597
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
1. INFORMASI UMUM (lanjutan) 1. GENERAL INFORMATION (continued)
c. Entitas Anak (lanjutan) c. Subsidiary (continued)
Kantor Pusat NTBS berlokasi di Jl. Udayana, Dasan Agung, NTBS's head office is located in Jl. Udayana, Dasan Agung,
Mataram, Nusa Tenggara Barat. Pada tanggal 31 Desember Mataram, Nusa Tenggara Barat. As of December 31, 2024, the
2024, Bank NTB Syariah memiliki 1 Kantor Pusat, 13 Kantor Bank has 1 head office, 13 branches, 27 sub-branches and 27
Cabang, 27 Kantor Cabang Pembantu dan 27 Kantor functional office. On Desember 31, 2024, NTBS had 968
Fungsional. Jumlah karyawan NTBS pada tanggal 31 permanent employees.
Desember 2024 adalah 968 karyawan.
d. Manajemen eksekutif d. Excecutive management
Susunan Dewan Komisaris dan Direksi Bank sesuai dengan The composition of the Bank’s Board of Commissioners and
Akta Rapat Umum Pemegang Saham No.10 tanggal 7 Directors in accordance with the General Meeting of
Februari 2024 dan Akta Rapat Umum Pemegang Saham Shareholders No.10 dated February 7, 2024 and General
No.25 tanggal 12 April 2023 dari notaris Sitaresmi Puspadewi Meeting of Shareholders No.25 dated April 12, 2023 of notary
Subianto, S.H. adalah sebagai berikut: Sitaresmi Puspadewi Subianto, S.H. are as follows:
2024
Dewan Komisaris Board of Commissioners
Komisaris Utama - President Commissioner
Komisaris Adhy Karyono Commissioner
Komisaris Independen Muhammad Mas’ud Independent Commissioner
Komisaris Independen Sumaryono Independent Commissioner
Komisaris Independen Dadang Setiabudi Independent Commissioner
Direksi Board of Directors
Direktur Utama Busrul Iman President Director
Direktur Operasi Arif Suhirman Operation Director
Direktur Mikro, Ritel dan Menengah R. Arief Wicaksono Micro, Retail and Medium Director
Direktur Teknologi Informasi dan Digital Zulhelfi Abidin Information Technology and Digital Director
Direktur Kepatuhan Umi Rodiyah Compliance Director
Direktur Manajemen Risiko Eko Susetyono Risk Management Director
Direktur Keuangan, Treasury dan Global Service Edi Masrianto Finance, Treasury and Global Service Director
2023
Dewan Komisaris Board of Commissioners
Komisaris Utama Suprajarto *) President Commissioner
Komisaris Adhy Karyono Commissioner
Komisaris Independen Candra Fajri Ananda Independent Commissioner
Komisaris Independen Muhammad Mas’ud Independent Commissioner
Komisaris Independen Sumaryono Independent Commissioner
Direksi Board of Directors
Direktur Utama Busrul Iman President Director
Direktur Operasi Arif Suhirman Operation Director
Direktur Mikro, Ritel dan Menengah R. Arief Wicaksono Micro, Retail and Medium Director
Direktur Teknologi Informasi dan Digital Zulhelfi Abidin Information Technology and Digital Director
Direktur Kepatuhan Tonny Prasetyo Compliance Director
Direktur Manajemen Risiko Eko Susetyono Risk Management Director
Direktur Keuangan, Treasury dan Global Service Edi Masrianto Finance, Treasury and Global Service Director
*) *)
meninggal dunia tanggal 19 Desember 2023. passed away December 19, 2023.
12
Page 598
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
1. INFORMASI UMUM (lanjutan) 1. GENERAL INFORMATION (continued)
d. Manajemen eksekutif (lanjutan) d. Excecutive management (continued)
Susunan Komite Audit adalah sebagai berikut: The composition of the Audit Committee are as follows:
2024 2023
Ketua Sumaryono Sumaryono Chairman
Anggota Muhammad Mas’ud Muhammad Mas’ud Member
Anggota Dadang Setiabudi - Member
Anggota Kusnadi Kusnadi Member
Anggota Moch. Arifin Moch. Arifin Member
Susunan Komite Pemantau Risiko adalah sebagai berikut: The composition of the Risk Monitoring Committee are as
follows:
2024 2023
Ketua Dadang Setiabudi Sumaryono Chairman
Anggota Sumaryono Muhammad Mas’ud Member
Anggota Muhammad Mas’ud Sulam Andjar Rochim Member
Anggota Sulam Andjar Rochim - Member
Susunan Komite Remunerasi dan Nominasi adalah sebagai The composition of the Remuneration and Nomination
berikut: Committee are as follows:
2024 2023
Ketua Muhammad Mas’ud Muhammad Mas’ud Chairman
Anggota Adhy Karyono Adhy Karyono Member
Anggota Sumaryono Sumaryono Member
Anggota Dadang Setiabudi Slamet Purwanto Member
Anggota Yusuf Adnan - Member
Anggota Slamet Purwanto - Member
Susunan Komite Audit, Komite Pemantau Risiko, dan Komite The composition of the Audit Committee, the Risk Monitoring
Remunerasi dan Nominasi pada tanggal 31 Desember 2024 Committee, and the Remuneration and Nomination Committee
sesuai dengan Surat Keputusan No.063/063/DIR/HCP/KEP as of December 31, 2024 accordance to Decision Letter
tanggal 28 November 2024. No.063/063/DIR/HCP/KEP dated November 28, 2024.
Susunan Komite Audit, Komite Pemantau Risiko, dan Komite The composition of the Audit Committee, the Risk Monitoring
Remunerasi dan Nominasi pada tanggal 31 Desember 2023 Committee, and the Remuneration and Nomination Committee
sesuai dengan Surat Keputusan No.062/105/DIR/HCP/KEP as of December 31, 2023 accordance to Decision Letter
tanggal 29 Desember 2023. No.062/105/DIR/HCP/KEP dated December 29, 2023.
Susunan Internal Audit pada tanggal 31 Desember 2024 dan The composition of the Internal Audit as of December 31, 2024
2023 adalah sebagai berikut: and 2023 are as follows:
2024 2023
Vice President (VP) Wardhana Suryaatmaja Wardhana Suryaatmaja Vice President (VP)
Assistant VP Agung Setya Nugroho R. Sonny Soelaksono Assistant VP
Assistant VP - Agung Setya Nugroho Assistant VP
Sekretaris Perusahaan pada tanggal 31 Desember 2024 dan The Corporate Secretary as of December 31, 2024 and 2023
2023 adalah sebagai berikut: are as follows:
2024 2023
Vice President (VP) Wioga Adhiarma Aji Wioga Adhiarma Aji Vice President (VP)
Assistant VP Bambang Supriadi Bambang Supriadi Assistant VP
Assistant VP Derry Widya Ariyanta Derry Widya Ariyanta Assistant VP
Assistant VP Lestari Nur Imani Lestari Nur Imani Assistant VP
13
Page 599
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
1. INFORMASI UMUM (lanjutan) 1. GENERAL INFORMATION (continued)
d. Manajemen eksekutif (lanjutan) d. Excecutive management (continued)
Susunan Dewan Pengawas Syariah Bank pada tanggal 31 The composition of the Sharia Supervisory Board as of
Desember 2024 dan 2023 adalah sebagai berikut: December 31, 2024 and 2023 are as follows:
2024 2023
Ketua Afifuddin Muhajir Afifuddin Muhajir Chairman
Anggota Sukadiono - Member
Pada tanggal 31 Desember 2024 dan 2023, Bank memiliki As of December 31, 2024 and 2023, the Bank has 4,350 and
karyawan tetap masing-masing sebanyak 4.350 dan 4.219 4,219 permanent employees, respectively (audited).
orang (diaudit).
e. Jaringan kantor e. Office network
Pada tanggal 31 Desember 2024, Bank memiliki 41 kantor As of December 31, 2024, the Bank has 41 branches including
cabang konvensional termasuk 1 Unit Usaha Syariah (UUS) 1 Sharia Operating Unit (UUS) which has 7 Sharia branches
yang mempunyai 7 cabang Syariah serta 165 kantor cabang and 165 conventional sub-branches, 10 Sharia sub-branches,
pembantu konvensional, 10 kantor cabang pembantu Syariah, 210 conventional functional offices, 4 Sharia functional office,
210 kantor fungsional konvensional, 4 kantor fungsional 198 Sharia service offices, 822 ATMs (Automated Teller
Syariah, 198 kantor layanan Syariah, 822 ATM (Automated Machines), 26 ATMs Sharia (Sharia Automated Teller
Teller Machine ), 26 ATM Syariah (Sharia Automated Teller Machines), 96 CRM (Cash Recycling Machines) conventional,
Machine ), 96 CRM (Cash Recycling Machine ) konvensional, 10 CRM (Cash Recycling Machines) Sharia located in
10 CRM (Cash Recycling Machine ) Syariah di Indonesia. Indonesia.
Pada tanggal 31 Desember 2023, Bank memiliki 41 kantor As of December 31, 2023, the Bank has 41 branches including
cabang konvensional termasuk 1 Unit Usaha Syariah (UUS) 1 Sharia Operating Unit (UUS) which has 7 Sharia branches
yang mempunyai 7 cabang Syariah serta 163 kantor cabang and 163 conventional sub-branches, 10 Sharia sub-branches,
pembantu konvensional, 10 kantor cabang pembantu Syariah, 212 conventional functional offices, 4 Sharia functional office,
212 kantor fungsional konvensional, 4 kantor fungsional 196 Sharia service offices, 828 ATMs (Automated Teller
Syariah, 196 kantor layanan Syariah, 828 ATM (Automated Machines), 26 ATMs Sharia (Sharia Automated Teller
Teller Machine ), 26 ATM Syariah (Sharia Automated Teller Machines), 84 CRM (Cash Recycling Machines) conventional,
Machine ), 84 CRM (Cash Recycling Machine ) konvensional, 10 CRM (Cash Recycling Machines) Sharia located in
10 CRM (Cash Recycling Machine ) Syariah di Indonesia. Indonesia.
Bank mengklasifikasikan kantor cabang menjadi kantor cabang The Bank classifies its branch offices into main branches,
utama, kantor cabang khusus, kantor cabang kelas I, kantor special branches, first-class branches, second-class branches
cabang kelas II dan kantor cabang kelas III. Masing-masing and third-class branches. Each branch has sub-branches
cabang mempunyai kantor cabang pembantu dan/atau kantor and/or cash offices and/or payment points.
kas dan/atau payment point.
14
Page 600
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL 2. INFORMATION OF MATERIAL ACCOUNTING POLICIES
Kebijakan akuntansi utama yang ditetapkan dalam penyusunan The principal accounting policies adopted in preparing the
laporan keuangan konsolidasian Bank dan Entitas Anak ("Grup") consolidated financial statements of the Bank and Subsidiary (the
adalah sebagaimana diuraikan di bawah ini: "Group") are set out below:
a. Basis penyusunan laporan keuangan konsolidasian a. Basis of preparation of the consolidated financial
statements
Pernyataan kepatuhan Statement of compliance
Laporan keuangan konsolidasian pada tanggal 31 Desember The consolidated financial statements as of December 31, 2024
2024 dan 2023 disusun dan disajikan sesuai dengan Standar and 2023 have been prepared and presented in accordance
Akuntansi Keuangan (SAK) di Indonesia, yang meliputi with Financial Accounting Standards (SAK) and Statements of
Pernyataan Standar Akuntansi Keuangan (PSAK) dan Financial Accounting Standards (PSAK) and Interpretation of
Interpretasi Standar Akuntansi Keuangan (ISAK) yang Financial Accounting Standards (ISAK) issued by the Financial
diterbitkan oleh Dewan Standar Akuntansi Keuangan-Ikatan Accounting Standard Board of the Institute of Indonesia
Akuntan Indonesia (DSAK-IAI) dan Peraturan Badan Charterad Accountans and the Regulation of Capital Market
Pengawas Pasar Modal dan Lembaga Keuangan (Bapepam- and Financial Institution Supervisor Board (Bapepam-LK)
LK) No.VIII.G.7 yang terlampir dalam Keputusan Ketua No.VIII.G.7 in the Decree of Chairman of Bapepam-LK No.KEP-
Bapepam-LK No.KEP-347/BL/2012 tanggal 25 Juni 2012 347/BL/2012 dated June 25, 2012 regarding “Presentation and
tentang “Penyajian dan Pengungkapan Laporan Keuangan Disclosure of Financial Statements of the Issuer or Public
Emiten atau Perusahaan Publik”. Peraturan tersebut sekarang Company”. The regulation is now a regulation under OJK.
merupakan regulasi dari OJK.
Laporan keuangan konsolidasian disusun sesuai dengan The consolidated financial statements are prepared in
PSAK 201, "Penyajian Laporan Keuangan". accordance with PSAK 201, "Presentation of Financial
Statements".
Informasi keuangan UUS dan Entitas Anak disajikan sesuai The financial information of UUS and Subsidiary have been
dengan PSAK 401, “Penyajian Laporan Keuangan Syariah”, prepared in conformity with PSAK 401, “Sharia Financial
PSAK 402, “Akuntansi Murabahah ”, PSAK 403, “Akuntansi Statements Presentation”, PSAK 402, “Accounting for
Salam ”, PSAK 404, “Akuntansi Istishna ”, PSAK 405, Murabahah”, PSAK 403, “Accounting for Salam”, PSAK 404,
“Akuntansi Mudharabah ”, PSAK 406, “Akuntansi “Accounting for Istishna”, PSAK 405, “Accounting for
Musyarakah ”, dan PSAK 407, “Akuntansi Ijarah ”, PSAK 410 Mudharabah”, PSAK 406, “Accounting for Musyarakah” and
“Akuntansi Sukuk ”, PSAK 411 “Akuntansi Wa’d ” dan PSAK PSAK 407, “Accounting for Ijarah”, PSAK 410 “Accounting for
lain selama tidak bertentangan dengan prinsip syariah dan Sukuk”, PSAK 411 “Accounting for Wa’d” and other PSAK, as
Pedoman Akuntansi Perbankan Syariah Indonesia (PAPSI) long as not contradict with sharia principles and Accounting
(revisi 2013). Guidelines for Indonesian Sharia Banks (PAPSI) (revised
2013).
Laporan keuangan konsolidasian telah disajikan berdasarkan The consolidated financial statements have been prepared on a
nilai historis, kecuali disebutkan lain dan disusun dengan dasar historical cost basis, unless otherwise stated, and under the
akrual (kecuali bagi hasil dari pembiayaan mudharabah dan accrual basis of accounting (except for profit sharing for
musyarakah). mudharabah and musyarakah financing).
Laporan arus kas konsolidasian disusun dengan The statements of consolidated cash flows have been prepared
menggunakan metode langsung dan dikelompokkan atas based on the direct method and have been classified on the
dasar aktivitas operasi, investasi dan pendanaan. Untuk tujuan basis of operating, investing and financing activities. For the
laporan arus kas, yang termasuk kas dan setara kas terdiri dari purpose of the statements of cash flows, cash and cash
kas, giro pada Bank Indonesia dan bank lain, penempatan equivalents consist of cash, current accounts with Bank
pada Bank Indonesia dan bank lain dan Fasilitas Simpanan Indonesia and other banks, placements with Bank Indonesia
Bank Indonesia, yang jatuh tempo dalam waktu 3 (tiga) bulan and other banks and Bank Indonesia Deposits Facility maturing
sejak tanggal perolehan, sepanjang tidak digunakan sebagai within 3 (three) months from the acquisition date, and not used
jaminan atas pinjaman yang diterima serta tidak dibatasi as collateral for borrowing and not for restricted in use.
penggunaannya.
Mata uang fungsional dan penyajian Functional and presentation currency
Laporan keuangan konsolidasian disajikan dalam mata uang The consolidated financial statements are presented in Rupiah,
Rupiah, yang merupakan mata uang fungsional Bank. Angka- which is the functional currency of the Bank. Unless otherwise
angka yang disajikan dalam laporan keuangan, kecuali bila stated, all figures presented in the financial statements are
dinyatakan secara khusus, adalah dibulatkan dalam jutaan rounded off to millions of Rupiah.
Rupiah.
15
Page 601
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. INFORMATION OF MATERIAL ACCOUNTING POLICIES
(continued)
b. Prinsip konsolidasian b. Principles of consolidation
Laporan keuangan konsolidasian meliputi laporan keuangan The consolidated financial statements include the financial
Bank beserta seluruh Entitas Anak yang berada di bawah statements of Bank and all its Subsidiary that are controlled by
pengendalian Bank. Entitas anak adalah seluruh entitas Bank. Subsidiary are all entities (including structured entities)
(termasuk entitas terstruktur) dimana Bank memiliki over which the Bank has control.
pengendalian.
Dalam hal pengendalian terhadap Entitas Anak dimulai atau Where Subsidiary either began or ceased to be controlled
diakhiri dalam suatu tahun berjalan, maka hasil usaha Entitas during the year, the results of operations of those Subsidiary
Anak yang diperhitungkan ke dalam laporan keuangan are included in the consolidated financial statements only from
konsolidasian hanya sebatas hasil pada saat pengendalian the date that the control has commenced or up to the date that
tersebut mulai diperoleh atau hingga saat pengendalian itu the control has ceased.
berakhir.
Pengendalian didapat ketika Bank terekspos atau memiliki hak Control is acquired when Bank is exposed or has rights to
atas imbal hasil variabel dari keterlibatannya dengan Entitas variable returns from its involvement with Subsidiary and has
Anak dan memiliki kemampuan untuk mempengaruhi imbal the ability to affect those returns through its power over
hasil tersebut melalui kekuasaannya atas Entitas Anak. Subsidiary.
Bank mengendalikan Entitas Anak, jika dan hanya jika, Bank Bank controls a Subsidiary if, and only if, Bank has the
memiliki hal berikut ini: following:
a. kekuasaan atas Entitas Anak (hak yang ada saat ini yang a power over a Subsidiary (existing rights that provide the
memberi kemampuan kini untuk mengarahkan aktivitas current ability to direct the relevant activities that significantly
relevan yang secara signifikan mempengaruhi imbal hasil affect returns of a Subsidiary);
Entitas Anak);
b. eksposur atau hak atas imbal hasil variabel dari b exposure, or rights to variable returns from its involvement
keterlibatannya dengan Entitas Anak; dan with the Subsidiary; and
c. kemampuan untuk menggunakan kekuasaannya atas c the ability to use its power over the Subsidiary to affect the
Entitas Anak untuk mempengaruhi jumlah imbal hasil amount of the Subsidiary’s returns.
Entitas Anak.
Bila Bank tidak memiliki hak suara atau hak serupa secara When the Bank has less than a majority of the voting or similar
mayoritas atas suatu Entitas Anak, Bank mempertimbangkan rights of a Subsidiary, the Bank considers all relevant facts and
semua fakta dan keadaan yang relevan dalam mengevaluasi circumstances in assessing whether it has power over a
apakah mereka memiliki kekuasaan atas Entitas Anak, Subsidiary, including:
termasuk:
i. Pengaturan kontraktual dengan pemilik hak suara lainnya i. The contractual arrangement with the other vote holders of
dari Entitas Anak, the Subsidiary,
ii. Hak yang timbul atas pengaturan kontraktual lain, dan ii. Rights arising from other contractual arrangements, and
iii Hak suara dan hak suara potensial yang dimiliki Bank. iii The Bank’s voting rights and potential voting rights.
Bank menilai kembali apakah mereka mengendalikan Entitas The Bank re-assesses whether or not it controls a Subsidiary if
Anak bila fakta dan keadaan mengindikasikan adanya facts and circumstances indicate that there are changes to one
perubahan terhadap satu atau lebih dari ketiga elemen dari or more of the three elements of control. Consolidation of a
pengendalian. Konsolidasi atas Entitas Anak dimulai sejak Subsidiary begins when the Bank obtains control over the
Bank memperoleh pengendalian atas Entitas Anak dan tidak Subsidiary and ceases when the Bank loses control of the
lagi mengkonsolidasikan ketika Bank kehilangan pengendalian Subsidiary. Assets, liabilities, income and expenses of a
atas Entitas Anak. Aset, liabilitas, penghasilan dan beban dari Subsidiary acquired during the year are included in the
Entitas Anak yang diakuisisi pada tahun tertentu disertakan consolidated financial statements from the date the Bank
dalam laporan keuangan konsolidasian sejak tanggal Bank obtains the control up to the date of the Bank ceases the
memperoleh kendali sampai tanggal Bank tidak lagi control the Subsidiary.
mengendalikan Entitas Anak tersebut.
Kombinasi bisnis dicatat dengan menggunakan metode The acquisition method is used to account for business
akuisisi. Imbalan yang diserahkan untuk akuisisi suatu entitas combinations. The consideration transferred for the acquisition
anak adalah sebesar nilai wajar aset yang diserahkan, saham of a subsidiary is the fair value of the assets given, shares
yang diterbitkan atau liabilitas yang diakui pada tanggal issued or liabilities incurred at the date of acquisition. The
akuisisi. Kelebihan jumlah imbalan yang dialihkan dan nilai excess of the aggregate of the consideration transferred and
wajar jumlah kepentingan non-pengendali atas jumlah aset the fair value of non-controlling interest over the net identifiable
teridentifikasi bersih yang diperoleh dan kewajiban yang timbul assets acquired and liabilities is recorded as goodwill. If this
dicatat sebagai goodwill. Jika jumlah imbalan yang diserahkan consideration is lower than the fair value of the net assets of
lebih rendah dari nilai wajar aset bersih entitas anak yang the subsidiary acquired, the difference is recognized directly in
diakuisisi, selisihnya diakui langsung dalam laporan laba rugi the consolidated profit or loss.
konsolidasian.
16
Page 602
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. INFORMATION OF MATERIAL ACCOUNTING POLICIES
(continued)
b. Prinsip konsolidasian (lanjutan) b. Principles of consolidation (continued)
Jika akuntansi awal untuk kombinasi bisnis belum selesai pada If the initial accounting of a business combination is incomplete
akhir periode pelaporan saat kombinasi terjadi, Bank by the end of the reporting period in which the combination
melaporkan jumlah sementara untuk pos-pos yang proses occurs, the Bank reports provisional amounts for the items for
akuntansinya belum selesai dalam laporan keuangannya. which the accounting is incomplete. Those provisional amounts
Selama periode pengukuran, pihak pengakuisisi are adjusted during the measurement period, or additional
menyesuaikan, aset atau liabilitas tambahan yang diakui, untuk assets or liabilities are recognised, to reflect new information
mencerminkan informasi baru yang diperoleh tentang fakta dan obtained about facts and circumstances that existed as of the
keadaan yang ada pada tanggal akuisisi dan, jika diketahui, acquisition date that, if known, would have affected the amount
akan berdampak pada jumlah yang diakui pada tanggal recognised as of that date.
tersebut.
Untuk setiap akuisisi, Bank mengakui kepentingan non- The Bank recognizes any non-controlling interests in the
pengendali pada pihak yang diakuisisi baik sebesar nilai wajar acquiree on an acquisition by acquisition basis, either at fair
atau sebesar bagian proporsional kepentingan non-pengendali value or at the non-controlling interest’s proportionate share of
atas aset bersih pihak yang diakuisisi. Kepentingan non- the acquiree’s net assets. Non-controlling interests are reported
pengendali disajikan di ekuitas dalam laporan posisi keuangan as equity in the consolidated statement of financial position,
konsolidasian, terpisah dari ekuitas pemilik entitas induk. separate from the owner of the parent's equity.
Biaya terkait akuisisi dibebankan pada saat terjadinya. Acquisition-related costs are expensed as incurred.
Seluruh saldo dan transaksi termasuk keuntungan/kerugian All significant balances and transactions, including unrealized
yang belum direalisasi antara Bank dan Entitas Anak yang gains/losses among the Bank and Subsidiary are eliminated to
signifikan dieliminasi untuk mencerminkan posisi keuangan reflect the consolidated financial position and results of
dan hasil usaha konsolidasian Bank dan Entitas Anak sebagai operations of Bank and its Subsidiary as a single entity.
satu kesatuan usaha.
Laporan keuangan konsolidasian disusun dengan The consolidated financial statements are prepared using
menggunakan kebijakan akuntansi yang sama untuk peristiwa uniform accounting policies for transactions and events in
dan transaksi sejenis dalam kondisi yang sama. Apabila similar circumstances. If the Subsidiary financial statements
laporan keuangan Entitas Anak menggunakan kebijakan use accounting policies different from those adopted in the
akuntansi yang berbeda dari kebijakan akuntansi yang consolidated financial statements, appropriate adjustments are
digunakan dalam laporan keuangan konsolidasian, maka made to the Subsidiary financial statements.
dilakukan penyesuaian yang diperlukan terhadap laporan
keuangan Entitas Anak tersebut.
Kepentingan non-pengendali disajikan di ekuitas dalam The non-controlling interest is presented in the equity of the
laporan posisi keuangan konsolidasian dan dinyatakan consolidated statement of financial position and represents the
sebesar proporsi pemegang saham non-pengendali atas laba noncontrolling stockholders’ proportionate share in the income
tahun berjalan dan ekuitas Entitas Anak tersebut sesuai for the year and equity of the Subsidiary based on the
dengan persentase kepemilikan pemegang saham percentage of ownership of the non-controlling stockholders in
nonpengendali pada Entitas Anak tersebut. the Subsidiary.
c. Transaksi dan saldo dalam mata uang asing c. Transaction and balances in foreign currency
Transaksi dalam mata uang asing dijabarkan ke mata uang Transactions denominated in foreign currencies are converted
rupiah dengan menggunakan kurs yang berlaku pada tanggal into rupiah at the exchange rates prevailing at the dates of the
transaksi. Pada tanggal laporan posisi keuangan, aset dan transactions. At the consolidated statement of financial position,
liabilitas moneter dalam mata uang asing dijabarkan dengan monetary assets and liabilities denominated in foreign
menggunakan kurs yang berlaku pada tanggal laporan posisi currencies are translated at the exchange rates prevailing at
keuangan konsolidasian. such date.
Keuntungan dan kerugian selisih kurs yang timbul dari Exchange gains and losses arising from transactions
transaksi dalam mata uang asing dan dari penjabaran aset dan denominated in foreign currencies and from the translation of
liabilitas moneter dalam mata uang asing diakui dalam laporan monetary assets and liabilities denominated in foreign
laba rugi dan penghasilan komprehensif lain konsolidasian currencies are recognized in the consolidated statement of
tahun berjalan. profit and loss and other comprehensive income for the current
year.
17
Page 603
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. INFORMATION OF MATERIAL ACCOUNTING POLICIES
(continued)
c. Transaksi dan saldo dalam mata uang asing (lanjutan) c. Transaction and balances in foreign currency (continued)
Laba atau rugi kurs valuta asing atas aset dan liabilitas The foreign currency gains or losses on monetary assets and
moneter merupakan selisih antara biaya perolehan liabilities are the difference between amortized cost in Rupiah
diamortisasi dalam Rupiah pada awal tahun, disesuaikan at the beginning of the year, adjusted for effective interest rate
dengan tingkat suku bunga efektif dan pembayaran selama and payments during the year, and the amortized cost in foreign
tahun berjalan, dan biaya perolehan diamortisasi dalam valuta currency translated into Rupiah using the exchange rate at the
asing yang dijabarkan ke dalam Rupiah dengan menggunakan end of the year.
kurs pada akhir tahun.
Aset dan liabilitas non-moneter dalam mata uang asing Non-monetary assets and liabilities denominated in foreign
dijabarkan dengan menggunakan kurs pada tanggal transaksi. currencies are translated using the exchange rates prevailing at
the transaction date.
Berikut ini adalah kurs mata uang asing utama yang digunakan Below are the major exchange rates used for translation into
untuk penjabaran dalam Rupiah pada 31 Desember 2024 dan Rupiah as of December 31, 2024 and 2023 using the middle
2023 yang menggunakan kurs tengah berdasarkan Reuters rates based on Reuters (at 4.00 p.m. Western Indonesian Time)
(pukul 16.00 Waktu Indonesia Barat) (dalam Rupiah penuh). (in full amount).
2024 2023
1 Poundsterling Inggris Raya 20.218 19.626 Great Britain Poundsterling 1/Rp
1 Euro Eropa 16.758 17.038 European Euro 1/Rp
1 Dolar Amerika Serikat 16.095 15.397 United States Dollar 1/Rp
1 Dolar Singapura 11.845 11.676 Singapore Dollar 1/Rp
1 Dolar Australia 10.013 10.521 Australian Dollar 1/Rp
1 Riyal Saudi Arabia 4.284 4.106 Saudi Arabian Riyal 1/Rp
1 Ringgit Malaysia 3.598 3.355 Malaysian Ringgit 1/Rp
1 Yuan China Renminbi 2.205 2.170 Chinese Yuan Renminbi 1/Rp
1 Dolar Hong Kong 2.073 1.970 Hong Kong Dollar 1/Rp
100 Yen Jepang 10.303 10.888 Japanese Yen 100/Rp
d. Perubahan pada pernyataan standar akuntansi keuangan d. Changes to the statements of financial accounting
dan interpretasi atas Pernyataan Standar Akuntansi standard and interpretations of the Statements of Financial
Keuangan Accounting Standard
Pada tanggal 1 Januari 2024, terdapat standar baru dan On January 1, 2024 there were new standards and adjustments
penyesuaian atau amendemen terhadap beberapa standar or amendments for several prevailing standards and effective
yang masih berlaku dan berlaku efektif sejak tanggal tersebut since that date, as follows:
yaitu sebagai berikut:
- Kerangka Standar Pelaporan Keuangan Indonesia (“KSPKI”) - Indonesia Financial Reporting Standard Framework
dan perubahan nomor PSAK dan ISAK dalam Standar (“KSPKI”) and amendement to PSAK and ISAK number.
Akuntansi Keuangan Indonesia. KSPKI mengatur pilar SAK KSPKI regulate the PSAK pillars, criteria and shifting
yang berlaku di Indonesia, kriteria, dan perpindahan antar between pillars that apply in Indonesia, while amendement to
pilar SAK, sedangkan perubahan nomor mengatur ketentuan PSAK and ISAK number determine the number for PSAK and
penomoran PSAK dan ISAK yang mengacu pada IFRS ISAK which refering to IFRS Accounting Standards, local
Accounting Standards , lokal dan syariah. accounting standards and sharia accounting standards.
- Amendemen PSAK 201, “Penyajian Laporan Keuangan - Amendment to PSAK 201, “Presentation of Financial on Non-
tentang Liabilitas Jangka Panjang dengan Kovenan”. Current Liabilities with Covenants”. This amendment adopts
Amandemen ini diadopsi dari amandemen IAS 1, amendments to IAS 1 "Presentation of Financial Statements:
"Presentation of Financial Statements: Non-Current Non-Current Liabilities with Covenants". This amendment
Liabilities with Covenants ". Amandemen ini mengatur regulates that only covenants that an entity must comply with
bahwa hanya kovenan yang harus dipatuhi entitas pada atau on or before the reporting date will effect the classification of
sebelum tanggal pelaporan yang akan mempengaruhi current on non-current liabilities and its disclosures.
klasifikasi liabilitas jangka pendek atau jangka panjang serta
pengungkapannya.
- Amendemen PSAK 116, “Sewa tentang Liabilitas Sewa - Amendment to PSAK 116, “Lease related to Lease Liability in
dalam Jual dan Sewa-Balik”. Amendemen ini diadopsi dari a Sale and Leaseback". This amendment adopts
IFRS 16, "Lease: Lease Liability in a Sale and Leaseback ". amendments to IFRS 16 " Lease: Lease Liability in a Sale
Amandemen ini mengatur pengukuran selanjutnya untuk and Leaseback". This amendment regulates the subsequent
aset hak guna dan liabilitas sewa dari transaksi jual dan measurement of right of use assets and lease liabilities in a
sewa balik. sale and leaseback transaction.
18
Page 604
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. INFORMATION OF MATERIAL ACCOUNTING POLICIES
(continued)
d. Perubahan pada pernyataan standar akuntansi keuangan d. Changes to the statements of financial accounting
dan interpretasi atas Pernyataan Standar Akuntansi standard and interpretations of the Statements of Financial
Keuangan (lanjutan) Accounting Standard (continued)
- Amandemen PSAK 207, "Laporan Arus Kas" dan - Amendment to PSAK 207 “Statement of Cash Flows” and
Amandemen PSAK 107, "Instrumen Keuangan: Amendment to PSAK 107 “Financial Instruments:
Pengungkapan tentang Pengaturan Pembiayaan Pemasok". Disclosures about Supplier Financing Arrangements”. This
Amandemen ini diadopsi dari IAS 7, "Statement of Cash amendment adopts amendments to IAS 7 “Statement of
Flows " dan IFRS 7, "Financial Instruments: Disclosure - Cash Flows” and IFRS 7 “Financial Instruments: Disclosures -
Supplier Finance Agreements ". Amandemen ini Supplier Finance Arrangements”. This amendment clarifies
menjelaskan pengungkapan terkait pengaturan pembiayaan disclosures related to supplier financing arrangements.
pemasok.
- Penyesuaian Tahunan 2024 atas PSAK 407, "Akuntansi - 2024 Annual Adjustment to PSAK 407 “Accounting for
Ijarah ". Penyesuaian ini menyelaraskan dan menjaga Ijarah”. This adjustment harmonizes and maintains
konsistensi pengaturan untuk pengakuan pendapatan dan consistency in the arrangements for revenue recognition and
penyajian ijarah atas jasa secara tidak langsung. presentation of ijarah for indirect services.
Implementasi dari standar-standar tersebut tidak menghasilkan The implementation of the above standards did not result in
perubahan substansial terhadap kebijakan akuntansi Grup dan substantial changes to the Group’s accounting policies and had
tidak memiliki dampak yang material terhadap laporan no material impact to the consolidated consolidated financial
keuangan konsolidasian di periode berjalan atau tahun statements for current or prior financial periods.
sebelumnya.
e. Aset dan liabilitas keuangan e. Financial assets and liabilities
Aset keuangan Grup terutama terdiri dari kas, giro pada Bank The Group’s financial assets mainly consist of cash, current
Indonesia, giro pada bank lain, penempatan pada Bank accounts with Bank Indonesia, current accounts with other
Indonesia dan bank lain, surat berharga, surat berharga yang banks, placements with Bank Indonesia and other banks,
dijual dengan janji dibeli kembali, tagihan spot dan derivatif, receivables of spot and derivative, acceptable receivable,
tagihan akseptasi, tagihan dari surat berharga yang dibeli marketable securities, marketable securities sold under
dengan janji dijual kembali, tagihan lainnya, kredit yang repurchased agreement, receivable from marketable securities
diberikan dan piutang/pembiayaan syariah dan pendapatan purchased under resale agreement, other receivables, loans
bunga yang masih akan diterima. and sharia receivables/financing and interest receivables.
Aset keuangan Grup terutama terdiri dari kas, giro pada Bank The Group’s financial assets mainly consist of cash, current
Indonesia, giro pada bank lain, penempatan pada Bank accounts with Bank Indonesia, current accounts with other
Indonesia dan bank lain, surat berharga, surat berharga yang banks, placements with Bank Indonesia and other banks,
dijual dengan janji dibeli kembali, tagihan spot dan derivatif, receivables of spot and derivative, acceptable receivable,
tagihan akseptasi, tagihan dari surat berharga yang dibeli marketable securities, marketable securities sold under
dengan janji dijual kembali, tagihan lainnya, kredit yang repurchased agreement, receivable from marketable securities
diberikan dan piutang/pembiayaan syariah dan pendapatan purchased under resale agreement, other receivables, loans
bunga yang masih akan diterima. and sharia receivables/financing and interest receivables.
Sesuai PSAK 109, terdapat 3 (tiga) klasifikasi pengukuran aset In accordance with PSAK 109, there are 3 (three) measurement
keuangan yaitu biaya perolehan diamortisasi, diukur pada nilai classifications for financial assets: amortized cost, fair value
wajar melalui laba rugi (FVTPL) dan diukur pada nilai wajar through profit or loss (FVTPL) and fair value through other
melalui pendapatan komprehensif lainnya (FVOCI). comprehensive income (FVOCI).
Aset keuangan diklasifikasikan menjadi kategori tersebut di Financial assets are classified into these categories based on
atas berdasarkan model bisnis dimana aset keuangan tersebut the business model within which they are held and their
dimiliki dan karakteristik arus kas kontraktualnya. Model bisnis contractual cash flow characteristics. The business model
merefleksikan bagaimana kelompok aset keuangan dikelola reflects how group of financial assets are managed to achieve
untuk mencapai tujuan bisnis tertentu. particular business objective.
Liabilitas keuangan Grup terutama terdiri dari simpanan dari The Group’s financial liabilities mainly consist of deposits from
nasabah, simpanan dari bank lain, liabilitas surat berharga customers, deposits from other banks, liabilities of marketable
yang dijual dengan janji dibeli kembali dan pinjaman yang securities sold under repurchase agreements and borrowings.
diterima.
19
Page 605
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. INFORMATION OF MATERIAL ACCOUNTING POLICIES
(continued)
e. Aset dan liabilitas keuangan (lanjutan) e. Financial assets and liabilities (continued)
1) Klasifikasi 1) Classification
Aset keuangan dapat diukur dengan biaya perolehan A financial asset is measured at amortized cost only if it
diamortisasi hanya jika memenuhi kedua kondisi berikut meets both of the following conditions and is not
dan tidak ditetapkan sebagai FVTPL: designated as FVTPL:
- Aset keuangan dikelola dalam model bisnis yang - The financial assets are managed in a business model
bertujuan untuk memiliki aset keuangan dalam rangka which objective is to hold the asset to obtain contractual
mendapatkan arus kas kontraktual; dan cash flows; and
- Persyaratan kontraktual dari aset keuangan tersebut - Its contractual terms of the financial assets provide rights
memberikan hak pada tanggal tertentu atas arus kas on a specified date for cash flows obtained solely from
yang diperoleh semata dari pembayaran pokok dan payments of principal and interest (SPPI) on the principal
bunga (SPPI) dari jumlah pokok terutang. amount outstanding.
Aset keuangan diklasifikasikan sebagai FVOCI jika Financial assets are classified as FVOCI if they meet the
memenuhi kondisi berikut: following condition:
- Aset keuangan dikelola dalam model bisnis yang - The financial assets are managed in a business model
bertujuan untuk mendapatkan arus kas kontraktual dan which objective is to obtain contractual cash flows and
menjual aset keuangan; dan sell the financial asset; and
- Persyaratan kontraktual dari aset keuangan tersebut - The contractual requirements of the financial assets meet
memenuhi kriteria SPPI. the SPPI criteria.
Aset keuangan lainnya yang tidak memenuhi persyaratan Financial assets that do not meet the requirements to be
untuk diklasifikasikan sebagai aset keuangan yang diukur classified as financial assets measured at amortized cost or
pada biaya perolehan diamortisasi atau FVOCI, FVOCI, are classified as FVTPL.
diklasifikasikan sebagai FVTPL.
Aset keuangan tidak boleh direklasifikasi setelah Financial assets are not permitted to be reclassified
pengakuan awal. subsequently to their initial recognition.
Liabilitas keuangan diklasifikasikan ke dalam kategori Financial liabilities are classified into the following
sebagai berikut pada saat pengakuan awal: categories on initial recognition:
- Diukur pada nilai wajar melalui laba rugi, yang memiliki 2 - Fair value through profit or loss, which has 2 (two) sub-
(dua) sub-klasifikasi, yaitu liabilitas keuangan yang classifications, i.e. financial liabilities designated as such
ditetapkan demikian pada saat pengakuan awal dan upon initial recognition and financial liabilities mandatorily
liabilitas keuangan dipersyaratkan diukur pada nilai wajar classified as fair value through profit or loss; and
melalui laba rugi; dan
- Liabilitas keuangan lainnya merupakan liabilitas - Other financial liabilities pertain to financial liabilities that
keuangan yang tidak dimiliki untuk dijual atau ditentukan are not held for trading nor designated as at fair value
sebagai nilai wajar melalui laba rugi saat pengakuan through profit or loss upon recognition of the liability.
liabilitas.
2) Pengakuan dan pengukuran awal 2) Recognition and initial measurement
Semua aset atau liabilitas keuangan pada saat pengakuan All financial assets or liabilities are measured initially at
awal diukur sebesar nilai wajarnya ditambah biaya their fair value plus transaction costs, except for financial
transaksi, kecuali untuk aset keuangan dan liabilitas assets and financial liabilities measured at fair value
keuangan yang diukur pada nilai wajar melalui laba rugi, through profit or loss, transaction costs are recognized
dimana biaya transaksi diakui langsung dalam laba rugi. directly in profit or loss.
Pembelian dan penjualan aset keuangan yang lazim Regular way purchases and sales of financial assets are
(regular), diakui pada tanggal perdagangan dimana Grup recognized on the trade date at which the Group commits to
memiliki komitmen untuk membeli atau menjual aset purchase or sell those assets.
tersebut.
Semua aset dan liabilitas keuangan lainnya pada awalnya All other financial assets and liabilities are initially
diakui pada tanggal perdagangan dimana Grup menjadi recognized on the trade date at which the Group becomes
suatu pihak dalam ketentuan kontraktual instrumen a party to the contractual provisions of the instrument.
tersebut.
20
Page 606
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. INFORMATION OF MATERIAL ACCOUNTING POLICIES
(continued)
e. Aset dan liabilitas keuangan (lanjutan) e. Financial assets and liabilities (continued)
2) Pengakuan dan pengukuran awal (lanjutan) 2) Recognition and initial measurement (continued)
Biaya transaksi hanya meliputi biaya-biaya yang dapat Transaction costs include only those costs that are directly
diatribusikan secara langsung untuk perolehan suatu aset attributable to the acquisition of a financial asset or
keuangan atau penerbitan suatu liabilitas keuangan dan issuance of a financial liability and are incremental costs
merupakan biaya tambahan yang tidak akan terjadi apabila that would not have been incurred if the financial
instrumen keuangan tersebut tidak diperoleh atau instruments had not been acquired or issued. In the case of
diterbitkan. Untuk aset keuangan, biaya transaksi financial assets, transaction costs are added to the amount
ditambahkan pada jumlah yang diakui pada awal recognized initially, while for financial liabilities, transaction
pengakuan aset, sedangkan untuk liabilitas keuangan, costs are deducted from the amount of liability recognized
biaya transaksi dikurangkan dari jumlah liabilitas yang initially.
diakui pada awal pengakuan liabilitas.
Biaya transaksi tersebut diamortisasi selama umur Such transaction costs are amortized over the terms of the
instrumen berdasarkan metode suku bunga efektif dan instruments based on the effective interest method and are
dicatat sebagai bagian dari pendapatan bunga untuk biaya recorded as part of interest income for transaction costs
transaksi sehubungan dengan aset keuangan atau sebagai related to financial assets or interest expenses for
bagian dari beban bunga untuk biaya transaksi transaction costs related to financial liabilities. After initial
sehubungan dengan liabilitas keuangan. Setelah recognition, the Group measures financial assets,
pengakuan awal, Grup mengukur aset keuangan, sesuai according to the classification of financial assets at (i)
dengan klasifikasi aset keuangan pada; (i) Biaya perolehan amortized cost; (ii) Fair value through other comprehensive
diamortisasi; (ii) Nilai wajar melalui penghasilan income; or (iii) Fair value through profit or loss.
komprehensif lain; atau (iii) Nilai wajar melalui laba rugi.
Aset keuangan pada biaya perolehan diamortisasi diukur Financial assets at amortized cost are measured by adding
dengan menjumlahkan aset keuangan yang diukur saat up the financial assets measured at initial recognition minus
pengakuan awal dikurangi pembayaran pokok, ditambah principal payments, added or reduced by cumulative
atau dikurangi dengan amortisasi kumulatif menggunakan amortization using the effective interest method calculated
metode bunga efektif yang dihitung dari selisih antara nilai from the difference between the initial value and the
awal dan nilai jatuh temponya dan disesuaikan dengan maturity value and adjusted for the allowance for losses.
penyisihan kerugiannya.
Keuntungan atau kerugian akibat fluktuasi nilai wajar tidak Gains or losses due to fluctuations in fair value are not
diakui aset keuangan pada biaya perolehan diamortisasi. recognized financial assets at amortized cost.
Pendapatan bunga dihitung menggunakan metode bunga Interest income is calculated using the effective interest
efektif yaitu dengan menerapkan suku bunga efektif atas method by applying an effective interest rate to the gross
jumlah tercatat bruto aset keuangan, kecuali untuk: carrying amount of financial assets, except for:
a. aset keuangan yang dibeli atau yang berasal dari aset a. financial assets purchased or originating from financial
keuangan memburuk. Untuk aset keuangan tersebut, assets deteriorate. For these financial assets, the Group
Grup menerapkan suku bunga efektif yang disesuaikan applies an effective interest rate adjusted by credit for
dengan kredit atas biaya perolehan diamortisasi aset the amortized cost of the financial assets from initial
keuangan sejak pengakuan awal. recognition.
b. aset keuangan yang tidak dibeli atau yang berasal dari b. financial assets that are not purchased or that originate
aset keuangan memburuk tetapi selanjutnya menjadi from financial assets deteriorate but subsequently
aset keuangan memburuk. Untuk aset keuangan become financial assets deteriorate. For these financial
tersebut, Grup menerapkan suku bunga efektif atas assets, the Group applies an effective interest rate on
biaya perolehan diamortisasi aset keuangan di periode the amortized cost of the financial assets in the next
pelaporan selanjutnya. reporting period.
Setelah pengakuan awal, Grup mengukur liabilitas After initial recognition, the Group measures financial
keuangan, sesuai dengan klasifikasi aset keuangan pada: liabilities, according to the classification of financial assets
(i) Biaya perolehan diamortisasi; atau (ii) Nilai wajar melalui at: (i) Amortized cost; or (ii) Fair value through profit or loss.
laba rugi.
Untuk liabilitas keuangan yang diukur pada laba rugi, For financial liabilities measured at profit or loss, gains and
keuntungan dan kerugian diakui pada laba rugi. Terdapat losses are recognized in profit or loss. There are
pengecualian pada kasus liabilitas keuangan ditetapkan exceptions in the case of financial liabilities designated as
sebagai FVTPL dimana perubahan risiko kredit liabilitas FVTPL where changes in credit liability risks are
diakui pada penghasilan komprehensif lain dengan recognized in other comprehensive income with other gains
keuntungan dan kerugian lainnya diakui pada laba rugi. and losses recognized in profit or loss.
21
Page 607
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. INFORMATION OF MATERIAL ACCOUNTING POLICIES
(continued)
e. Aset dan liabilitas keuangan (lanjutan) e. Financial assets and liabilities (continued)
2) Pengakuan dan pengukuran awal (lanjutan) 2) Recognition and initial measurement (continued)
Setelah pengakuan awal, liabilitas keuangan yang diukur After initial recognition, financial liabilities at FVTPL are
pada FVTPL diukur pada nilai wajarnya. Keuntungan atau measured at its fair value. Gains or losses arising from a
kerugian yang timbul dari perubahan nilai wajar diakui change in the fair value are recognized in profit or loss.
dalam laba rugi.
3) Penghentian pengakuan 3) Derecognition
Grup menghentikan pengakuan aset keuangan pada saat The Group derecognizes a financial asset when the
hak kontraktual atas arus kas yang berasal dari aset contractual rights to the cash flows from the financial asset
keuangan tersebut kadaluwarsa atau pada saat Grup expire or when the Group transfers the rights to receive the
mentransfer seluruh hak untuk menerima arus kas contractual cash flows on the financial asset in a
kontraktual dari aset keuangan dalam transaksi dimana transaction in which substantially all the risks and rewards
Grup secara substansial telah mentransfer seluruh risiko of ownership of the financial asset are transferred.
dan manfaat atas kepemilikan aset keuangan.
Setiap hak atau kewajiban yang timbul atau yang masih Any interest in transferred financial assets that is created or
dimiliki oleh Grup diakui sebagai aset atau liabilitas secara retained by the Group is recognized as a separate asset or
terpisah. liability.
Grup menghentikan pengakuan liabilitas keuangan pada The Group derecognizes a financial liability when its
saat kewajiban yang ditetapkan dalam kontrak dilepaskan contractual obligations are discharged or cancelled or
atau dibatalkan atau kadaluarsa. expired.
Dalam transaksi dimana Grup secara substansial tidak In transaction in which the Group neither retains nor
memiliki atau tidak mentransfer seluruh risiko dan manfaat transfers substantially all the risks and rewards of
atas kepemilikan aset keuangan, Bank menghentikan ownership of a financial asset, the Group derecognizes the
pengakuan aset tersebut jika Grup tidak lagi memiliki asset if it does not retain control over the asset. The rights
pengendalian atas aset tersebut. Hak dan kewajiban yang and obligations retained in the transfer are recognized
masih dimiliki dalam transfer tersebut diakui secara separately as assets and liabilities as appropriate. In
terpisah sebagai aset atau liabilitas. Dalam transfer dimana transfers in which control over the asset is retained, the
pengendalian atas aset masih dimiliki, Grup tetap Group continues to recognize the asset to the extent of its
mengakui aset yang ditransfer tersebut sebesar continuing involvement, determined by theextent to which it
keterlibatan berkelanjutan Grup yang ditentukan dengan is exposed to changes in the value of the transferred asset.
seberapa jauh Grup terekspos terhadap perubahan nilai
aset yang ditransfer.
Grup menghapusbukukan aset keuangan dan cadangan The Group writes off financial assets and any related
kerugian penurunan nilai terkait pada saat Grup allowance for impairment losses when The Group
menentukan bahwa aset keuangan tersebut tidak dapat determines that those financial assets are uncollectible.
ditagih. Keputusan ini diambil setelah Bank melakukan The decision is reached after Bank had undertaken various
berbagai upaya untuk memperoleh kembali aset keuangan efforts to obtain back the financial asset as well as
tersebut serta mempertimbangkan informasi seperti telah considering information such as the occurrence of
terjadinya perubahan signifikan pada posisi keuangan significant changes in the financial position of
debitur/penerbit aset keuangan sehingga debitur/penerbit borrower/financial asset issuer such that the
aset keuangan tidak lagi dapat melunasi kewajibannya atau borrower/financial asset issuer can no longer pay the
hasil penjualan agunan tidak akan cukup untuk melunasi obligation or that proceeds from collateral will not be
seluruh eksposur yang diberikan. sufficient to pay back the entire exposure.
4) Saling hapus 4) Offsetting
Aset keuangan dan liabilitas keuangan dapat saling hapus Financial assets and financial liabilities are set off and the
dan nilai bersihnya disajikan dalam laporan posisi net amount is presented in the statement of financial
keuangan konsolidasian jika, dan hanya jika, Grup memiliki position when, and only when, the Group has a legally
hak yang dapat dipaksakan secara hukum untuk enforceable right to set off the amounts and intends either
melakukan saling hapus atas jumlah yang telah diakui to settle on a net basis or realize the asset and settle the
tersebut dan berniat untuk menyelesaikan secara neto atau liability simultaneously.
untuk merealisasikan aset dan menyelesaikan liabilitasnya
secara simultan.
Pendapatan dan beban disajikan dalam jumlah bersih Income and expenses are presented on a net basis only
hanya jika diperkenankan oleh standar akuntansi. when permitted by accounting standards.
22
Page 608
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. INFORMATION OF MATERIAL ACCOUNTING POLICIES
(continued)
e. Aset dan liabilitas keuangan (lanjutan) e. Financial assets and liabilities (continued)
5) Pengukuran biaya perolehan diamortisasi 5) Amortized cost measurement
Biaya perolehan diamortisasi dari aset atau liabilitas The amortized cost of a financial asset or liability is the
keuangan adalah jumlah aset atau liabilitas keuangan yang amount at which the financial asset or liability is measured
diukur pada saat pengakuan awal, dikurangi pembayaran at initial recognition, minus principal repayments, plus or
pokok, ditambah atau dikurangi dengan amortisasi minus the cumulative amortization using the effective
kumulatif dengan menggunakan metode suku bunga efektif interest method of any difference between the initial amount
yang dihitung dari selisih antara nilai awal dan nilai jatuh recognized and the maturity amount and adjusted for any
temponya, dan untuk aset keuangan disesuaikan dengan expected credit loss allowance. The gross carrying amount
cadangan kerugian kredit ekspektasian. Nilai tercatat bruto of a financial asset is the amortized cost of a financial asset
aset keuangan merupakan biaya perolehan diamortisasi before adjusting for any expected credit loss allowance.
aset keuangan sebelum disesuaikan dengan cadangan
kerugian kredit ekspektasian.
Tingkat suku bunga efektif adalah suku bunga yang secara The effective interest rate is the rate that exactly discounts
tepat mendiskontokan estimasi arus kas di masa datang the estimated future cash flows through the expected life of
selama perkiraan umur dari aset keuangan atau liabilitas the financial asset or financial liability (or, where
keuangan (atau jika lebih tepat, digunakan periode yang appropriate, a shorter period), to the gross carrying amount
lebih singkat), atas nilai tercatat bruto aset keuangan of the financial asset (when the asset is not credit-impaired)
(ketika aset tidak mengalami penurunan nilai) atau pada or to the amortized cost of the financial liability. When
biaya perolehan diamortisasi untuk liabilitas keuangan. calculating the effective interest rate, the Group estimates
Pada saat menghitung tingkat suku bunga efektif, Grup future cash flows considering all contractual terms of the
mengestimasi arus kas di masa datang dengan financial instrument (for example prepayment options), but
mempertimbangkan seluruh ketentuan kontraktual dalam does not consider any future credit losses. For purchased
instrumen keuangan tersebut (antara lain opsi pelunasan or originated credit-impaired financial assets, a credit-
dipercepat), namun tidak mempertimbangkan kerugian adjusted effective interest rate is calculated using
kredit di masa mendatang. Untuk aset keuangan yang estimated future cash flows including ECL.
dibeli atau yang berasal dari aset keuangan memburuk,
suku bunga efektif yang disesuaikan dengan risiko kredit
dihitung dengan menggunakan arus kas di masa datang
termasuk ECL.
Perhitungan suku bunga efektif mencakup biaya transaksi The calculation of the effective interest rate includes
dan seluruh provisi yang dibayarkan atau diterima yang transaction costs and all fees paid or received that are an
merupakan bagian tak terpisahkan dari suku bunga efektif. integral part of the effective interest rate.
6) Pengukuran nilai wajar 6) Fair value measurement
Nilai wajar adalah harga yang akan diterima untuk menjual Fair value is the price that would be received to sell an
suatu aset atau harga yang akan dibayar untuk asset or paid to transfer a liability in an orderly transaction
mengalihkan suatu liabilitas dalam transaksi teratur between market participants at the measurement date in
(orderly transaction) antara pelaku pasar (market the principal market or, in its absence, the most
participants) pada tanggal pengukuran di pasar utama advantageous market to which the Group has access at
atau, jika tidak terdapat pasar utama, di pasar yang paling that date. The fair value of a liability reflects its non-
menguntungkan dimana Grup memiliki akses pada tanggal performance risk.
tersebut. Nilai wajar liabilitas mencerminkan risiko
wanprestasinya.
Jika tersedia, Grup mengukur nilai wajar instrumen When available, the Group measures the fair value of a
keuangan dengan menggunakan harga kuotasian di pasar financial instrument using the quoted price in an active
aktif untuk instrumen tersebut. Suatu pasar dianggap aktif market for that instrument. A market is regarded as active if
jika transaksi atas aset dan liabilitas terjadi dengan transactions for the asset or liability take place with
frekuensi dan volume yang memadai untuk menyediakan sufficient frequency and volume to provide pricing
informasi penentuan harga secara berkelanjutan. information on an ongoing basis.
Jika harga kuotasian tidak tersedia di pasar aktif, Grup If there is no quoted price in an active market, then the
menggunakan teknik penilaian dengan memaksimalkan Group uses valuation techniques that maximize the use of
penggunaan input yang dapat diobservasi dan relevan dan relevant observable inputs and minimize the use of
meminimalkan penggunaan input yang tidak dapat unobservable inputs. The chosen valuation technique
diobservasi. Teknik penilaian yang dipilih menggabungkan incorporates all of the factors that market participants would
semua faktor yang diperhitungkan oleh pelaku pasar dalam take into account in pricing a transaction.
penentuan harga transaksi.
23
Page 609
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. INFORMATION OF MATERIAL ACCOUNTING POLICIES
(continued)
e. Aset dan liabilitas keuangan (lanjutan) e. Financial assets and liabilities (continued)
6) Pengukuran nilai wajar (lanjutan) 6) Fair value measurement (continued)
Bukti terbaik atas nilai wajar instrumen keuangan pada saat The best evidence of the fair value of a financial instrument
pengakuan awal adalah harga transaksi, yaitu nilai wajar at initial recognition is normally the transaction price, i.e.,
dari pembayaran yang diberikan atau diterima. Jika Grup the fair value of the consideration given or received. If the
menetapkan bahwa nilai wajar pada pengakuan awal Group determines that the fair value at initial recognition
berbeda dengan harga transaksi dan nilai wajar tidak dapat differs from the transaction price and the fair value is
dibuktikan dengan harga kuotasian di pasar aktif untuk aset evidenced neither by a quoted price in an active market for
atau liabilitas yang identik atau berdasarkan teknik an identical asset or liability nor based on a valuation
penilaian yang hanya menggunakan data dari pasar yang technique that uses only data from observable markets,
dapat diobservasi, maka nilai wajar instrumen keuangan then the financial instrument is initially measured at fair
pada saat pengakuan awal disesuaikan untuk value, adjusted to defer the difference between the fair
menangguhkan perbedaan antara nilai wajar pada saat value at initial recognition and the transaction price.
pengakuan awal dan harga transaksi. Setelah pengakuan Subsequently, that difference is recognized in profit or loss
awal, perbedaan tersebut diakui dalam laba rugi on an appropriate basis over the life of the instrument but
berdasarkan umur dari instrumen tersebut namun tidak no later than when the valuation is wholly supported by
lebih lambat dari saat penilaian tersebut didukung observable market data or the transaction is closed out.
sepenuhnya oleh data pasar yang dapat diobservasi atau
saat transaksi ditutup.
Jika aset atau liabilitas yang diukur pada nilai wajar If an asset or a liability measured at fair value has a bid
memiliki harga penawaran dan harga permintaan, maka price and an ask price, then the Group measures assets
Grup mengukur aset dan jangka panjang berdasarkan and long positions at a bid price and liabilities and short
harga penawaran dan mengukur liabilitas dan jangka positions at an ask prices.
pendek berdasarkan harga permintaan.
Portofolio aset keuangan dan liabilitas keuangan yang Portfolios of financial assets and financial liabilities
diukur pada nilai wajar, yang terekspos risiko pasar dan measured at fair value, that are exposed to market risk and
risiko kredit yang dikelola oleh Grup berdasarkan eksposur credit risk that are managed by the Group on the basis of
netonya baik terhadap risiko pasar ataupun risiko kredit the net exposure to either market or credit risk, are
diukur berdasarkan harga yang akan diterima untuk measured on the basis of a price that would be received to
menjual posisi net long (atau dibayar untuk mengalihkan sell a net long position (or paid to transfer a net short
posisi net short) untuk eksposur risiko tertentu. position) for a particular risk exposure.
Penyesuaian pada level portofolio tersebut dialokasikan Those portfolio-level adjustments are allocated to the
pada aset dan liabilitas individual berdasarkan individual assets and liabilities on the basis of the relative
penyesuaian risiko relatif dari masing-masing instrumen risk adjustment of each of the individual instruments in the
individual di dalam portofolio. portfolio.
f. Transaksi dengan pihak-pihak berelasi f. Transactions with related parties
Dalam menjalankan usahanya, Grup melakukan transaksi In the normal course of its business, the Group enters into
dengan pihak-pihak berelasi seperti yang didefinisikan dalam transactions with related parties which are defined under PSAK
PSAK 224 tentang “Pengungkapan Pihak-pihak Berelasi”. 224, “Related Party Disclosures”.
Yang dimaksud dengan pihak yang berelasi adalah orang atau The meaning of a related party is a person or entity that is
entitas yang berelasi dengan entitas pelapor sebagai berikut: related to a reporting entity as follow:
i. Orang atau anggota keluarga terdekat mempunyai relasi i. A person or a close member of that person’s family is related
dengan entitas pelapor jika orang tersebut: to a reporting entity if that person:
a. memiliki pengendalian atau pengendalian bersama atas a. has control or joint control over the reporting entity;
entitas pelapor;
b. memiliki pengaruh signifikan atas entitas pelapor; atau b. has significant influence over the reporting entity; or
c. personil manajemen kunci entitas pelapor atau entitas c. a member of the key management personnel of the
induk dari entitas pelapor. reporting entity or of a parent of the reporting entity.
24
Page 610
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. INFORMATION OF MATERIAL ACCOUNTING POLICIES
(continued)
f. Transaksi dengan pihak-pihak berelasi (lanjutan) f. Transactions with related parties (continued)
Yang dimaksud dengan pihak yang berelasi adalah orang atau The meaning of a related party is a person or entity that is
entitas yang berelasi dengan entitas pelapor sebagai berikut: related to a reporting entity as follow: (continued)
(lanjutan)
ii. Satu entitas berelasi dengan entitas pelapor jika memenuhi ii. An entity is related to the reporting entity if any of the
salah satu hal berikut: following conditions applies:
a. Entitas dan entitas pelapor adalah anggota dari kelompok a. The entity and the reporting entity are members of the
usaha yang sama (artinya entitas induk, entitas anak, dan same Bank and its subsidiary (which means that each
entitas anak berikutnya terkait dengan entitas lainnya); parent, subsidiary and fellow subsidiary is related to the
others);
b. Satu entitas adalah entitas asosiasi atau ventura b. One entity is an associate or joint venture of the other
bersama dari entitas lain (atau entitas asosiasi atau entity (or an associate or joint venture of a member of a
ventura bersama yang merupakan anggota suatu Bank and its subsidiary of which the other entity is a
kelompok usaha, yang tersebut adalah anggotanya); member);
c. Kedua entitas tersebut adalah ventura bersama dari pihak c. Both entities are joint ventures of the same third party;
ketiga yang sama;
d. Satu entitas adalah ventura bersama dari entitas ketiga d. One entity is a joint venture of a third entity and the other
dan entitas yang lain adalah entitas asosiasi dari entitas entity is an associate of the third entity;
ketiga;
e. Entitas tersebut adalah suatu program imbalan pasca e. The entity is a post-employment benefit plan for the
kerja untuk imbalan kerja dari salah satu entitas pelapor benefit of employees of either the reporting entity, or an
atau entitas yang terkait dengan entitas pelapor; entity related to the reporting entity;
f. Entitas yang dikendalikan atau dikendalikan bersama f. The entity is controlled or jointly controlled by a person
oleh orang yang diidentifikasi dalam huruf (a); identified in (a);
g. Orang yang diidentifikasi dalam huruf (i). (a) memiliki g. A person identified in (i). (a) has significant influence over
pengaruh signifikan atas entitas atau personil manajemen the entity or is a member of the key management
kunci entitas (atau entitas induk dari entitas); atau personnel of the entity (or a parent of the entity); or
h. Entitas atau anggota dari kelompok yang mana entitas h. The entity or any members of a Bank and its subsidiary of
merupakan bagian dari kelompok tersebut, menyediakan which it is a part, provides key management personnel
jasa personil manajemen kunci kepada entitas pelapor service to the reporting entity or to the parent of the
atau kepada entitas induk dari entitas pelapor. reporting entity.
Transaksi dengan pihak-pihak berelasi dilakukan dengan Transactions with related parties are made on the same term
syarat dan kondisi yang sama dengan transaksi-transaksi and conditions as those transactions with third parties. All
dengan pihak ketiga. Transaksi yang dilakukan Bank telah transaction done by Bank have complied with Financial
memenuhi Peraturan Otoritas Jasa Keuangan (POJK) Services Authority Regulation (POJK) No.42/POJK.04/2020
No.42/POJK.04/2020 tentang “Transaksi Afiliasi dan Transaksi about “Affiliated Transactions and Conflict of Interest
Benturan Kepentingan”. Transactions”.
Seluruh transaksi dan saldo yang material dengan pihak All material transactions and balances with related parties are
berelasi diungkapkan dalam catatan atas laporan keuangan disclosed in the relevant notes to the consolidated financial
konsolidasian yang relevan dan rinciannya disajikan dalam statements and the detail is presented in (Note 45).
(Catatan 45).
g. Kas dan setara kas g. Cash and cash equivalents
Kas dan setara kas dalam laporan arus kas konsolidasian Cash and cash equivalents presented in the consolidated
terdiri dari kas, giro pada Bank Indonesia dan bank lain, statements of cash flows consist of cash, current accounts with
penempatan pada Bank Indonesia dan bank lain dan Sertifikat Bank Indonesia and other banks, placements with Bank
Bank Indonesia, yang jatuh tempo dalam waktu 3 (tiga) bulan Indonesia and other banks and Bank Indonesia Certificates
sejak tanggal perolehan, sepanjang tidak digunakan sebagai Facility maturing within 3 (three) months from the acquisition
jaminan atas pinjaman yang diterima serta tidak dibatasi date, and not used as collateral for borrowing and not restricted
penggunaannya. in use.
h. Giro pada Bank Indonesia dan bank lain h. Current accounts with Bank Indonesia and other banks
Giro pada Bank Indonesia dan bank lain dinyatakan sebesar Current accounts with Bank Indonesia and other banks are
biaya perolehan diamortisasi menggunakan metode suku stated at amortized cost using the effective interest rate method
bunga efektif dikurangi penyisihan kerugian penurunan nilai. less an allowance for impairment losses. Current accounts with
Giro pada Bank Indonesia dan bank lain diklasifikasikan Bank Indonesia and other banks are classified as amortized
sebagai biaya perolehan diamortisasi. cost.
25
Page 611
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. INFORMATION OF MATERIAL ACCOUNTING POLICIES
(continued)
i. Penempatan pada Bank Indonesia dan bank lain i. Placements with Bank Indonesia and other banks
Penempatan pada Bank Indonesia dan bank lain terdiri dari Placement with Bank Indonesia and other banks consists of
Fasilitas Simpanan Bank Indonesia (FASBI), Fasilitas Bank Indonesia Deposit Facility (FASBI), Bank Indonesia
Simpanan Bank Indonesia Syariah (FASBIS), call money dan Sharia Deposit Facilities (FASBIS), call money and time
deposito berjangka. deposits.
Penempatan pada Bank Indonesia dan bank lain dinyatakan Placements with Bank Indonesia and other banks are stated at
sebesar biaya perolehan diamortisasi menggunakan metode amortized cost using the effective interest rate method less an
suku bunga efektif dikurangi penyisihan kerugian penurunan allowance for impairment losses. Placements with Bank
nilai. Penempatan pada Bank Indonesia dan bank lain Indonesia and other banks are classified as amortized cost.
diklasifikasikan sebagai biaya perolehan diamortisasi.
j. Surat berharga j. Marketable securities
Surat berharga yang dimiliki terdiri dari Surat utang negara, Marketable securities consist of Government bonds, corporate
obligasi korporasi, reksadana, Surat Keterangan Berdokumen bonds, mutual funds, domestic L/C, export bills receivable,
Dalam Negeri (SKBDN), tagihan wesel ekspor, sertifikat interbank mudarabah investment certificate, Negotiable
investasi mudharabah antar bank, Negotiable Certificate of Certificate of Deposits (NCD), sukuk, other money market and
Deposits (NCD), sukuk, surat berharga pasar uang dan pasar capital market securities.
modal lainnya.
Surat utang negara terdiri dari surat utang yang diterbitkan oleh Government bonds are bonds issued by the Government of
Pemerintah Indonesia yang diperoleh melalui pasar perdana Indonesia acquired through the primary and secondary
dan sekunder. markets.
Surat-surat berharga pada awalnya disajikan sebesar nilai Marketable securities are initially measured at fair value. After
wajarnya. Setelah pengakuan awal, surat-surat berharga the initial recognition, the marketable securities are recorded
dicatat sesuai dengan kategorinya yaitu yang diukur pada nilai according to their category, i.e., fair value through other
wajar melalui penghasilan komprehensif lain, investasi pada comprehensive income, amortized cost investments or at fair
biaya perolehan diamortisasi atau berdasarkan nilai wajar value through profit or loss.
melalui laba atau rugi.
Penilaian surat berharga didasarkan atas klasifikasinya The value of marketable securities is stated based on the
sebagai berikut: classification as follows:
1) Surat berharga yang dicatat pada biaya perolehan yang 1) Amortized cost marketable securities are carried at amortized
diamortisasi menggunakan metode suku bunga efektif. cost using the effective interest rate method.
2) Surat berharga yang dimiliki untuk diperdagangkan dan yang 2) Marketable securities classified as held-for-trading and
ditetapkan pada nilai wajar melalui laba rugi pada saat designated at fair value through profit or loss on initial
pengakuan awal dinyatakan pada nilai wajar. Keuntungan recognition are stated at fair value. Gains and losses from
dan kerugian yang timbul dari perubahan nilai wajar diakui changes in fair value are recognized in the consolidated
dalam laporan laba rugi dan penghasilan komprehensif lain statements of profit or loss and other comprehensive income.
konsolidasian.
3) Surat berharga yang diklasifikasikan pada nilai wajar melalui 3) Marketable securities classified as fair value through other
penghasilan komprehensif lain dinyatakan pada nilai wajar. comprehensive income investments are stated at fair value.
Pendapatan bunga diakui dalam laporan laba rugi dan Interest income is recognized in the consolidated statements
penghasilan komprehensif lain konsolidasian menggunakan of profit or loss and other comprehensive income using the
metode suku bunga efektif. Laba atau rugi selisih kurs atas effective interest rate method. Foreign exchange gains or
surat berharga yang tersedia untuk dijual diakui pada losses on available-for-sale marketable securities are
laporan laba rugi dan penghasilan komprehensif lain recognized in the consolidated statements of profit or loss
konsolidasian. and other comprehensive income.
Perubahan nilai wajar lainnya diakui secara langsung dalam Other fair value changes are recognized directly in equity until
ekuitas sampai dengan surat-surat berharga tersebut dijual the marketable securities are sold or impaired, whereby the
atau mengalami penurunan nilai, dimana keuntungan dan cumulative gains and losses previously recognized in equity are
kerugian kumulatif yang sebelumnya diakui dalam ekuitas recognized in the statements of profit or loss consolidated and
harus diakui pada laporan laba rugi dan penghasilan other comprehensive income.
komprehensif lain konsolidasian.
26
Page 612
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. INFORMATION OF MATERIAL ACCOUNTING POLICIES
(continued)
j. Surat berharga (lanjutan) j. Marketable securities (continued)
Aset Keuangan Sukuk Sukuk Financial Assets
Grup menerapkan PSAK 410 "Investasi Sukuk " yang mengatur The Group applies PSAK 410 “Sukuk Investment" which
mengenai pengakuan, pengukuran, penyajian, dan regulate about recognition, measurement, presentation, and
pengungkapan transaksi sukuk ijarah dan sukuk mudharabah. disclosure transaction of sukuk ijarah and sukuk mudharabah.
1. Diukur pada biaya perolehan 1. Measured at cost
a. Investasi tersebut dimiliki dalam suatu model usaha yang a. The investment is held in abusiness model whereby the
bertujuan utama untuk memperoleh arus kas kontraktual primary goal is to obtain contractual cash flows and has
dan terdapat persyaratan kontraktual dalam menentukan contractual term in determining the specific date of
tanggal tertentu atas pembayaran pokok dan atau principal payments and or the results.
hasilnya.
b. Biaya perolehan sukuk termasuk biaya transaksi. b. Sukuk acquisition cost includes transaction cost.
c. Selisih antara biaya perolehan dan nilai nominal c. The difference between the acquisition cost and the
diamortisasi secara garis lurus selama jangka waktu nominal value is amortized on a straightline basis over the
sukuk. period of the sukuk.
d. Rugi penurunan nilai diakui jika jumlah terpulihkan lebih d. Impairment loss is recognized if the recovable amount is
kecil dari jumlah tercatat dan disajikan sebagai rugi less than the carrying amount and is presented as an
penurunan nilai di dalam laba rugi. impairment loss in the profit or loss.
2. Diukur pada nilai wajar 2. Measured at fair value
a. Nilai wajar ditentukan dengan mengacu pada urutan a. The fair value is determined withreference to the following
sebagai berikut: order:
- Kuotasi harga di pasar aktif. - Price quotation in active market.
- Harga yang terjadi dari transaksi terkini, apabila tidak - Price from the current transaction, if there is no
ada kuotasi harga di pasar aktif. available price quotations in an active market.
- Nilai wajar instrumen sejenis, apabila tidak ada kuotasi - Fair value of similar instrument, if there is no available
harga di pasar aktif, dan tidak ada harga yang terjadi price quotations in an active market and no price from
dari transaksi terkini. the current transaction.
b. Biaya perolehan sukuk tidak termasuk biaya transaksi. b. Sukuk acquisition cost does not include transaction cost.
c. Selisih antara nilai wajar dan jumlah tercatat diakui dalam c. The difference between fair value and carrying value is
laba rugi. presented in profit or loss.
k. Surat berharga yang dijual dengan janji dibeli kembali k. Marketable securities sold under repurchase agreement
(repo) dan surat berharga yang dibeli dengan janji dijual (repo) and marketable securities purchased under resale
kembali (reverse repo) agreement (reverse repo)
Surat berharga yang dijual dengan janji dibeli kembali (repo) Marketable securities sold under repurchased agreements
disajikan sebagai liabilitas dalam laporan posisi keuangan (repo) are presented as liabilities in the consolidated statement
konsolidasian sebesar harga pembelian kembali yang of financial position at the agreed repurchase price less the
disepakati dikurangi selisih antara harga jual dan harga difference between the selling price and agreed repurchase
pembelian kembali yang disepakati. Selisih antara harga jual price. The difference between the selling price and agreed
dan harga pembelian kembali yang disepakati tersebut repurchase price is amortised using effective interest method
diamortisasi dengan menggunakan metode suku bunga efektif as interest expense over the period commencing from the
sebagai beban bunga selama jangka waktu sejak surat selling date to the repurchase date.
berharga tersebut dijual hingga saat dibeli kembali.
Surat berharga yang dijual dengan janji dibeli kembali Marketable securities sold under repurchased agreement are
diklasifikasikan sebagai biaya perolehan diamortisasi. classified as amortized cost.
Surat berharga yang dibeli dengan janji untuk dijual kembali Marketable securities purchased under resale agreements
(reverse repo) disajikan sebagai aset dalam laporan posisi (reverse repo) are presented as an asset in the consolidated
keuangan konsolidasian sebesar harga beli ditambah dengan statement of financial position at the purchase price added with
pendapatan bunga yang sudah diakui tapi belum diterima, interest income recognised but not yet received, less allowance
dikurangi dengan cadangan kerugian penurunan nilai, jika for impairment losses, where appropriate.
diperlukan.
Pada pengukuran awal, surat berharga yang dibeli dengan janji Marketable securities purchased under resale agreement
dijual kembali (reverse repo) disajikan sebesar nilai wajar (reverse repo) are initially measured at fair value plus directly
ditambah dengan biaya transaksi yang dapat diatribusikan attributable transaction costs.
secara langsung.
Surat berharga yang dibeli dengan janji dijual kembali (reverse Marketable securities purchased under resale agreement
repo) diklasifikasikan sebagai biaya perolehan diamortisasi. (reverse repo) are classified as amortized cost.
27
Page 613
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. INFORMATION OF MATERIAL ACCOUNTING POLICIES
(continued)
l. Instrumen keuangan derivatif l. Derivative financial instruments
Dalam melakukan usaha bisnisnya, Grup melakukan transaksi In the normal course of its business, the Group enters into
instrumen keuangan derivatif seperti kontrak berjangka mata transactions involving derivative financial instruments such as
uang asing, swap mata uang asing, swap atas suku bunga, foreign currency forward contracts, foreign currency swaps,
dan transaksi spot untuk mengelola eksposur pada risiko pasar interest rate swaps, and spot transactions to manage
seperti risiko mata uang dan risiko tingkat suku bunga. exposures on market risk, such as currency risk and interest
rate risk.
Instrumen keuangan derivatif diakui di laporan posisi keuangan Derivatives financial instruments are recognized in the
konsolidasian pada nilai wajar. Setiap kenaikan nilai wajar consolidated statement of financial position at fair value. Each
kontrak derivatif dicatat sebagai aset apabila memiliki nilai increase in fair value derivative contract is carried as asset
wajar positif dan sebagai liabilitas apabila memiliki nilai wajar when the fair value is positive and as liability when the fair
negatif. value is negative.
Tagihan dan liabilitas derivatif diklasifikasikan sebagai aset Derivatives receivable and payable are classified as financial
dan liabilitas keuangan yang diukur pada nilai wajar melalui assets and liabilities at fair value through profit or loss. Gains or
laporan laba rugi. Keuntungan atau kerugian yang terjadi dari losses resulting from fair value changes are recognized in the
perubahan nilai wajar diakui dalam laporan laba rugi consolidated statement of profit or loss.
konsolidasian.
Nilai wajar instrumen derivatif ditentukan berdasarkan diskonto The fair value of derivative instruments is determined based on
arus kas dan model penentu harga atau harga yang diberikan discounted cash flows and pricing models or quoted prices from
oleh broker (quoted price) atas atas instrumen lainnya yang brokers of other instruments with similar characteristic.
memiliki karakteristik serupa.
Kontrak berjangka mata uang asing, swap mata uang asing Foreign currency forward contracts, foreign currency swaps,
dan cross currency swap dan tingkat suku bunga swap and cross currency and interest rate swaps are for funding and
dilakukan untuk tujuan pendanaan dan perdagangan. trading purposes.
m. Tagihan lainnya m. Other receivables
Tagihan lainnya terdiri dari tagihan transfer dan transaksi ATM Other receivables consist of transfer receivable and inter-banks
antar bank dan lainnya. Akun ini diklasifikasikan sebagai biaya ATM transaction and other. This account is classified as
perolehan diamortisasi. amortized cost.
n. Kredit yang diberikan dan piutang/pembiayaan syariah n. Loans and sharia receivables/financing
Kredit yang diberikan pada awalnya diukur pada nilai wajar Loans are initially measured at fair value plus transaction costs
ditambah dengan biaya transaksi yang dapat diatribusikan that are attributable to obtaining the financial asset, and
secara langsung dan merupakan biaya tambahan untuk subsequently measured at their amortized cost using the
memperoleh aset keuangan tersebut, dan setelah pengakuan effective interest rate method, net of allowance for impairment
awal diukur pada biaya perolehan diamortisasi menggunakan losses.
metode suku bunga efektif dikurangi dengan penyisihan
kerugian penurunan nilai.
Kredit yang diberikan diklasifikasikan sebagai biaya perolehan Loans are classified as amortized cost.
diamortisasi.
Penerusan kredit yang diberikan dinyatakan sebesar pokok Channeling loans are stated at the principal amount.
kredit yang diberikan.
Biaya yang dapat diatribusikan secara langsung dalam Attributable costs to the recognition of loans comprises of
pengakuan kredit yang diberikan meliputi biaya provisi dan provision and commissions.
komisi.
Kredit yang diberikan termasuk piutang syariah, pendanaan Loans may include sharia receivables, mudharabah and
mudharabah dan musyarakah serta piutang qardh. musyarakah financing and qardh receivable.
Piutang syariah merupakan hasil dari transaksi jual beli Sharia receivables result from sale and purchase transactions
berdasarkan perjanjian murabahah . based on murabahah agreements.
28
Page 614
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. INFORMATION OF MATERIAL ACCOUNTING POLICIES
(continued)
n. Kredit yang diberikan dan piutang/pembiayaan syariah n. Loans and sharia receivables/financing (continued)
(lanjutan)
Murabahah adalah akad jual beli barang tertentu dengan Murabahah is an agreement to buy and sell certain products at
harga ditentukan sebesar harga perolehan ditambah acquisition cost plus a certain margin to be agreed by both the
keuntungan yang disepakati dan Grup sebagai penjual harus buyer and seller and the Group as the seller is required to
mengungkapkan harga perolehan barang tersebut kepada disclose the acquisition cost to the buyer. Murabahah
pembeli (debitur). Piutang murabahah dinyatakan sebesar receivables are stated at the amount of receivables less
jumlah piutang setelah dikurangi dengan ”marjin yang unrealized deferred margin and allowance for losses.
ditangguhkan” yang belum direalisasikan dan penyisihan
kerugian.
Mudharabah adalah kontrak kerjasama usaha antara pemilik Mudharabah is a business cooperation contract between the
dana (shahibul maal) dan manajer pendanaan (mudharib) owner of the funds (shahibul maal) and fund managers
berdasarkan rasio pendapatan atau keuntungan dan kerugian (mudharib) based on the ratio of income or gains and losses
yang ditentukan sebelumnya. Piutang mudharabah pada are predetermined. Mudharabah receivables are initially
awalnya diukur pada nilai wajar diamortisasi menggunakan measured at fair value is amortized using the effective margin
metode margin efektif dikurangi dengan cadangan kerugian method less any allowance for impairment losses.
penurunan nilai.
Biaya transaksi yang dapat diatribusikan secara langsung dan Transaction costs that are directly attributable and an income
merupakan pendapatan dan biaya tambahan untuk and additional costs to acquire the financial asset is amortized
memperoleh aset keuangan tersebut diamortisasi using the effective margin method less any allowance for
menggunakan metode margin efektif dikurangi dengan impairment losses.
cadangan kerugian penurunan nilai.
Musyarakah adalah akad kerjasama yang terjadi diantara para Musyarakah is an agreement between the investors
pemilik modal (mitra musyarakah ) untuk menggabungkan (musyarakah partners) to enter into a joint-venture in the form
modal dan melakukan usaha secara bersama dalam suatu of a partnership with revenue or profit and loss sharing based
kemitraan, dengan nisbah pembagian hasil atau kerugian on an agreement or capital contribution proportion.
sesuai dengan kesepakatan atau secara proporsional sesuai
kontribusi modal.
Qardh adalah pinjam meminjam dana tanpa imbalan yang Qardh is a loan/borrowing funds without any agreed
diperjanjikan dengan liabilitas pihak peminjam mengembalikan consideration wherein the borrower has the obligation to return
pokok pinjaman secara sekaligus atau cicilan dalam jangka the principal of the loan at lump sum or on installment over a
waktu tertentu. certain period.
Kredit yang direstrukturisasi disajikan sebesar nilai yang lebih Restructured loans are stated at the lower of carrying value of
rendah antara nilai tercatat kredit pada tanggal restrukturisasi the loan at the time of restructuring or net present value of the
atau nilai tunai penerimaan kas masa depan setelah total future cash receipts after restructuring. Losses arising from
restrukturisasi. Kerugian akibat selisih antara nilai tercatat any excess of the carrying value of the loan at the time of
kredit pada tanggal restrukturisasi dengan nilai tunai restructuring over the net present value of the total future cash
penerimaan kas masa depan setelah restrukturisasi diakui receipts after restructuring are recognized in the consolidated
dalam laporan laba rugi dan penghasilan komprehensif lain statement of profit or loss and other comprehensive income.
konsolidasian. Setelah restrukturisasi, semua penerimaan kas Thereafter, all cash receipt under the new terms shall be
masa depan yang ditetapkan dalam persyaratan baru dicatat accounted for as the recovery of principal and interest income.
sebagai pengembalian pokok kredit yang diberikan dan In accordance with the restructuring scheme.
pendapatan bunga sesuai dengan syarat-syarat restrukturisasi.
Kredit yang diberikan dihapusbukukan ketika tidak terdapat Loans are written-off when there are no realistic prospects of
prospek yang realistis mengenai pengembalian di masa datang future recovery and all collateral have been realized or have
dan semua jaminan telah diupayakan untuk direalisasi atau been foreclosed. When loans are deemed uncollectible, they
sudah diambil alih. Kredit yang tidak dapat dilunasi are written-off against the related allowance for impairment
dihapusbukukan dengan mendebet cadangan kerugian losses. Subsequent recoveries of loans written-off are credited
penurunan nilai. Pelunasan kemudian atas kredit yang telah to the allowance for impairment losses in the consolidated
dihapusbukukan sebelumnya, jika pada periode berjalan statements of financial position, if recovered in the current year
dikreditkan ke cadangan kerugian penurunan nilai di laporan and are recognized in the consolidated statement of profit or
posisi keuangan konsolidasian, jika setelah tanggal laporan loss and other comprehensive income as other operating
posisi keuangan konsolidasian dikreditkan sebagai income, if recovered after the statement of consolidated
pendapatan operasional lainnya dalam laporan laba rugi dan financial position date.
penghasilan komprehensif lain konsolidasian.
29
Page 615
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. INFORMATION OF MATERIAL ACCOUNTING POLICIES
(continued)
o. Identifikasi dan pengukuran kerugian penurunan nilai o. Identification and measurement of impairment losses
Aset produktif terdiri dari giro pada bank lain, penempatan Earning assets consist of current accounts with other banks,
pada Bank Indonesia dan bank lain, surat berharga, surat placements with Bank Indonesia and other banks, marketable
berharga yang dijual dengan janji dibeli kembali (repo), surat securities, marketable securities sold under purchased
berharga yang dibeli dengan janji dijual kembali (reverse repo), agreement (repo), marketable securities purchased under
kredit yang diberikan, tagihan lainnya dan komitmen dan resale agreement (reverse repo), loans, other receivable and
kontinjensi. commitments and contingencies.
Komitmen dan kontinjensi pada transaksi rekening Commitments and contingencies are off-balance sheet
administratif, antara lain terdiri dari namun tidak terbatas pada transactions which include but are not limited to issued
penerbitan jaminan, letter of credit, standby letter of credit dan guarantees, letters of credit, standby letters of credit and
fasilitas kredit yang belum digunakan. unused loan facilities.
Penurunan nilai aset keuangan Impairment of financial assets
PSAK 109 mengharuskan cadangan kerugian diakui sebesar PSAK 109 requires a loss allowance to be recognized at an
kerugian kredit ekspektasian (Expected Credit Loss/ECL) 12 amount equal to either 12-month Expected Credit Loss or
bulan (12-month ECL) atau kerugian kredit ekspektasian lifetime ECLs. Lifetime ECLs are the ECLs that result from all
sepanjang umur aset keuangan (lifetime ECL). Lifetime ECL possible default events over the expected life of a financial
adalah kerugian kredit ekspektasian yang berasal dari semua instrument, whereas 12-month ECLs are the portion of ECLs
kemungkinan kejadian gagal bayar sepanjang umur that result from default events that are possible within the 12
ekspektasian suatu instrumen keuangan, sedangkan ECL 12 months after reporting date.
bulan adalah porsi dari kerugian kredit ekspektasian yang
berasal dari kemungkinan kejadian gagal bayar dalam 12
bulan setelah tanggal pelaporan.
Bank mengakui cadangan kerugian untuk ECL pada instrumen The Bank recognizes loss allowances for ECL on the following
keuangan berikut yang tidak diukur pada FVTPL: financial instruments that are not measured at FVTPL:
- Aset keuangan yang merupakan instrument utang; - Financial assets that are debt instruments;
- Kontrak jaminan keuangan yang diterbitkan; dan - Financial guarantee contracts issued; and
- Komitmen pinjaman diberikan. - Loan commitments issued.
Pada setiap tanggal pelaporan, Bank akan mengukur At each reporting date, the Bank shall measure the loss
cadangan kerugian instrumen keuangan sejumlah kerugian allowance for a financial instrument at an amount equal to the
kredit ekspektasian sepanjang umur (lifetime) instrumen lifetime credit losses, if the credit risk on that financial
keuangan, jika risiko kredit atas instrumen keuangan tersebut instrument has increased significantly since initial recognition.
telah meningkat secara signifikan sejak pengakuan awal. Bank The Bank will recognize loss allowances at an amount equal to
akan mengakui cadangan kerugian sejumlah lifetime ECL, lifetime ECLs, except in the following cases, for which the
kecuali dalam kondisi berikut, dimana cadangan kerugian amount recognized will be 12-month ECLs:
sejumlah ECL 12 bulan yang akan diakui:
- Instrumen keuangan dengan risiko kredit rendah atau - The financial instruments with low credit risk when its credit
ekuivalen dengan tingkat risiko negara Republik Indonesia; risk rating is equivalent to the sovereign risk rating of
dan Republic of Indonesia; and
- Risiko kredit instrumen keuangan yang belum meningkat - Financial instruments for which credit risk has not increased
secara signifikan sejak pengakuan awal. significantly since initial recognition.
Ketentuan-ketentuan penurunan nilai menurut PSAK 109 The impairment requirements of PSAK 109 are complex and
adalah kompleks dan memerlukan pertimbangan- require management judgments, estimates and assumptions,
pertimbangan, estimasi-estimasi dan asumsi-asumsi particularly in the following areas:
manajemen, terutama untuk area-area berikut ini:
- Evaluasi apakah risiko kredit dari suatu instrumen telah - Assessing whether the credit risk of an instrument has
meningkat secara signifikan sejak pengakuan awal; dan increased significantly since initial recognition; and
- Memasukkan informasi yang bersifat forward looking dalam - Incorporating forward-looking information into the
pengukuran ECL. measurement of ECLs.
Bank menganggap sekuritas investasi pemerintah dalam mata The Bank considers an IDR denominated government
uang Rupiah dan dana yang ditempatkan pada Bank Indonesia investment securities and funds placed with Bank Indonesia are
memiliki risiko kredit yang rendah, karena pokok dan bunga having low credit risk, since the principal and interest of
investasi pemerintah tersebut dijamin oleh pemerintah dan government bond are guaranteed by the government and there
tidak ada kerugian yang pernah terjadi. Bank tidak is no historical loss experience. The Bank does not apply the
menerapkan pengecualian risiko kredit yang rendah untuk low credit risk exemption to any other financial instruments.
instrumen keuangan lainnya.
30
Page 616
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. INFORMATION OF MATERIAL ACCOUNTING POLICIES
(continued)
o. Identifikasi dan pengukuran kerugian penurunan nilai o. Identification and measurement of impairment losses
(lanjutan) (continued)
ECL 12 bulan adalah bagian dari ECL yang dihasilkan dari 12-month ECL is the portion of ECL resulted from default
kejadian gagal bayar pada instrumen keuangan yang mungkin events on a financial instrument that are possible within the 12
terjadi dalam 12 bulan setelah tanggal pelaporan. Instrumen months after the reporting date. Financial instruments for which
keuangan yang diakui dari ECL 12 bulan disebut sebagai a 12-month ECL is recognized are referred to as “Stage 1
“instrumen keuangan tahap 1”. financial instruments”.
Kerugian kredit ekspektasian sepanjang umur aset keuangan Life-time ECL is the ECL resulted from all possible default
adalah kerugian kredit ekspektasian yang dihasilkan dari events over the expected life of the financial instrument.
semua kejadian gagal bayar yang mungkin terjadi selama Financial instruments for which a lifetime ECL is recognized but
perkiraan umur instrumen keuangan. Instrumen keuangan which are not credit-impaired are referred to as “Stage 2
yang diakui dari kerugian kredit ekspektasian sepanjang umur financial instruments”.
aset keuangan tetapi tidak mengalami penurunan nilai kredit
disebut sebagai “instrumen keuangan tahap 2”.
Pengukuran ECL Measurement of ECL
ECL adalah estimasi kemungkinan kerugian kredit ECL is a probability-weighted estimate of credit losses. It is
berdasarkan probabilitas tertimbang. ECL diukur sebagai measured as follows:
berikut:
- Aset keuangan yang tidak mengalami penurunan nilai pada - Financial assets that are not credit-impaired at the reporting
tanggal pelaporan: sebesar nilai kini dari seluruh kekurangan date: as the present value of all cash shortfalls (i.e. the
kas (yaitu perbedaan antara arus kas terutang sesuai difference between the cash flows due to the entity in
dengan kontrak dan arus kas yang diperkirakan akan accordance with the contract and the cash flows that the
diterima oleh Bank); Bank expects to receive);
- Aset keuangan yang mengalami penurunan nilai kredit pada - Financial assets that are credit-impaired at the reporting date:
tanggal pelaporan: sebagai perbedaan antara nilai tercatat as the difference between the gross carrying amount and the
bruto dan nilai kini dari estimasi arus kas masa depan; present value of estimated future cash flows;
- Komitmen pinjaman yang belum ditarik: sebagai nilai kini dari - Undrawn loan commitments: as the present value of the
selisih antara arus kas kontraktual terutang kepada Bank jika difference between the contractual cash flows that are due to
komitmen direalisasi menjadi pinjaman dan arus kas yang the Bank if the commitment is drawn-down and the cash flows
diperkirakan akan diterima oleh Bank; dan that the Bank expects to receive; and
- Kontrak jaminan keuangan: pembayaran yang diperkirakan - Financial guarantee contracts: the expected payments to
akan dibayarkan kepada pemegang kontrak jaminan reimburse the holder less any amounts that the Bank expects
keuangan dikurangi jumlah yang diperkirakan dapat to recover.
dipulihkan oleh Bank.
Aset keuangan yang mengalami penurunan nilai kredit Credit impaired financial assets
Pada setiap tanggal pelaporan, Bank menilai apakah aset At each reporting date, the Bank assesses whether financial
keuangan yang dicatat pada biaya perolehan diamortisasi dan assets carried at amortized cost and debt financial assets
aset keuangan dalam bentuk efek utang yang dicatat pada carried at FVOCI are credit-impaired (referred to as “Stage 3
FVOCI mengalami penurunan nilai kredit (disebut sebagai financial assets”). A financial asset is “credit-impaired” when
“aset keuangan tahap 3”). Aset keuangan mengalami one or more events that have a detrimental impact on the
penurunan nilai ketika satu atau lebih peristiwa yang memiliki estimated future cash flows of the financial asset have
dampak buruk pada perkiraan arus kas masa depan dari aset occurred.
keuangan telah terjadi.
Berikut adalah rangkuman data yang dapat diobservasi Evidence that a financial asset is credit-impaired includes the
sebagai bukti bahwa aset keuangan mengalami penurunan following observable data:
nilai:
- Kesulitan keuangan yang signifikan dari debitur atau - Significant financial difficulty of the borrower or issuer;
- Pelanggaran kontrak seperti gagal bayar atau tunggakan; - A breach of contract such as a default or past due event;
- Restrukturisasi pinjaman oleh Bank dengan ketentuan yang - The restructuring of loan by the Bank on terms that the Bank
Bank tidak akan pertimbangkan sebelumnya; would not consider otherwise;
- Kemungkinan bahwa peminjam akan mengalami - It is becoming probable that the borrower will enter
kebangkrutan atau reorganisasi keuangan lainnya; atau bankruptcy or other financial reorganization; or
- Hilangnya dari pasar aktif suatu efek dikarenakan kesulitan - The disappearance of an active market for a securities
keuangan. because of financial difficulties.
31
Page 617
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. INFORMATION OF MATERIAL ACCOUNTING POLICIES
(continued)
o. Identifikasi dan pengukuran kerugian penurunan nilai o. Identification and measurement of impairment losses
(lanjutan)
Aset keuangan yang mengalami penurunan nilai kredit (lanjutan) Credit impaired financial assets (continued)
Pinjaman yang telah dinegosiasikan ulang karena A loan that has been renegotiated due to a deterioration in the
memburuknya kondisi peminjam biasanya dianggap borrower’s condition is usually considered to be credit-impaired,
mengalami penurunan nilai kredit, kecuali ada bukti bahwa unless there is evidences that the risk of not receiving
risiko tidak menerima arus kas kontraktual berkurang secara contractual cash flows has reduced significantly and there are
signifikan dan tidak ada indikator penurunan nilai lainnya. no other indicators of impairment. In addition, a retail loan that
Selain itu, pinjaman ritel yang jatuh tempo selama 90 hari atau is overdue for 90 days or more is considered credit-impaired
lebih dianggap mengalami penurunan nilai kredit meskipun even when the regulatory definition of default is different.
definisi gagal bayar menurut peraturan berbeda.
Penyajian cadangan ECL dalam laporan posisi keuangan Presentation of allowance for ECL in the consolidated
konsolidasian statement of financial position
Cadangan kerugian untuk ECL disajikan dalam laporan posisi Loss allowances for ECL are presented in the consolidated
keuangan konsolidasian sebagai berikut ini: statement of financial position as follows:
- Aset keuangan diukur pada biaya perolehan diamortisasi: - Financial assets measured at amortized cost: as a deduction
sebagai pengurang dari nilai tercatat bruto aset; from the gross carrying amount of the assets;
- Komitmen pinjaman dan kontrak jaminan keuangan: - Loan commitments and financial guarantee contracts:
umumnya, sebagai provisi; generally, as a provision;
- Jika instrumen keuangan mencakup komponen yang telah - Where a financial instrument includes both a drawn and an
ditarik dan yang belum ditarik, dan Bank tidak dapat undrawn component, and the Bank cannot identify the ECL
mengidentifikasi ECL pada komponen komitmen pinjaman on the loan commitment component separately from those on
secara terpisah dari komponen yang telah ditarik: Bank the drawn component: the Bank presents a combined loss
menyajikan cadangan kerugian gabungan untuk kedua allowance for both components. The combined amount is
komponen. Jumlah gabungan cadangan kerugian disajikan presented as a deduction from the gross carrying amount of
sebagai pengurang dari nilai tercatat bruto komponen yang the drawn component. Any excess of the loss allowance over
telah ditarik. Kelebihan dari cadangan kerugian atas nilai the gross carrying amount of the drawn component is
tercatat komponen yang telah ditarik disajikan sebagai presented as a provision; and
provisi; dan
- Instrumen utang diukur pada FVOCI: tidak ada cadangan - Debt instruments measured at FVOCI: no loss allowance is
kerugian diakui sebagai pengurang nilai tercatat aset recognized as deduction to the carrying amount of the
keuangan karena nilai tercatat dari aset-aset ini adalah pada financial asset due to the carrying amount of these assets is
nilai wajar. Namun, cadangan kerugian kredit diakui sebagai their fair value. However, the credit loss allowance is
bagian dari cadangan nilai wajar dalam penghasilan recognized as part of fair value reserve in other
komprehensif lain. comprehensive income.
Penghapusan Write-off
Pinjaman dan efek utang dihapuskan (baik sebagian atau Loans and debt securities are written off (either partially or in
seluruhnya) ketika tidak ada harapan yang wajar untuk full) when there is no reasonable expectation of recovering a
memulihkan aset keuangan secara keseluruhan atau financial asset in its entirety or a portion thereof. This is
sebagian. Hal ini biasanya terjadi ketika Bank memastikan generally the case when the Bank determines that the borrower
bahwa debitur tidak memiliki aset atau sumber pendapatan does not have assets or sources of income that could generate
yang dapat menghasilkan arus kas yang cukup untuk sufficient cash flows to repay the amounts subject to the write-
membayar jumlah pinjaman yang akan dihapusbukukan. off. This assessment is carried out at the individual asset level.
Penilaian ini dilakukan pada tingkat aset individu.
Pemulihan atas jumlah pinjaman yang sebelumnya Recoveries of amounts previously written-off are included in
dihapusbukukan termasuk dalam ”pendapatan lain-lain” dalam “other income” in the consolidated statement of profit or loss
laporan laba rugi dan penghasilan komprehensif lain and other comprehensive income.
konsolidasian.
Aset keuangan yang dihapusbukukan masih diusahakan Financial assets that are written-off could still be subject to
penagihannya sesuai prosedur Bank untuk pemulihan jumlah enforcement activities in order to comply with the Bank’s
yang terutang. procedures for recovery of amounts due.
Peningkatan risiko kredit secara signifikan Significant increase in credit risk
Dalam PSAK 109, ketika menentukan apakah risiko kredit atas Under PSAK 109, when determining whether the credit risk of a
suatu instrumen keuangan telah meningkat secara signifikan financial instrument has increased significantly since initial
sejak pengakuan awal, Bank akan mempertimbangkan recognition, The Bank will consider reasonable and supportable
informasi yang wajar dan terdukung yang relevan dan tersedia information that is relevant and available without undue cost or
tanpa biaya atau upaya yang berlebihan, termasuk informasi effort, including both quantitative and qualitative information
kuantitatif dan kualitatif dan analisa berdasarkan pengalaman and analysis based on the Bank historical experience, credit
masa lalu Bank, penilaian kredit dan informasi yang bersifat assessment and forward-looking information.
forward-looking.
32
Page 618
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. INFORMATION OF MATERIAL ACCOUNTING POLICIES
(continued)
o. Identifikasi dan pengukuran kerugian penurunan nilai o. Identification and measurement of impairment losses
(lanjutan) (continued)
Peningkatan risiko kredit secara signifikan (lanjutan) Significant increase in credit risk (continued)
Analisa apakah risiko kredit telah meningkat secara signifikan Assessing whether credit risk has increased significantly since
sejak pengakuan awal instrumen keuangan memerlukan initial recognition of financial instrument requires identifying the
identifikasi tanggal pengakuan awal dari instrumen tersebut. date of initial recognition of the instrument.
Bank telah membentuk kerangka yang memasukkan informasi The Bank has established a framework that incorporates both
kuantitatif dan kualitatif untuk menentukan apakah risiko kredit quantitative and qualitative information to determine whether
dari suatu instrumen keuangan telah meningkat secara the credit risk on a financial instrument has increased
signifikan sejak pengakuan awal. Kerangka ini sejalan dengan significantly since initial recognition. The framework aligns with
internal proses manajemen risiko kredit Bank. Kriteria untuk the Bank's internal credit risk management process. The criteria
menentukan apakah risiko kredit telah meningkat secara for determining whether credit risk has increased significantly
signifikan akan bervariasi berdasarkan portofolio. will vary by portfolio.
Sebagai batas, sesuai dengan yang disyaratkan oleh PSAK As a limit, and as required by PSAK 109, the Bank consider
109, Bank menentukan kenaikan risiko kredit secara signifikan that a significant increase in credit risk of retail portfolio occurs
pada portofolio ritel terjadi pada saat aset telah tertunggak when an asset is more than 30 days past due.
lebih dari 30 hari.
Input yang digunakan untuk pengukuran ECL Input into measurement of ECLs
Input utama yang digunakan untuk pengukuran ECL adalah The key inputs into the measurement of ECLs are the following
variabel berikut: variables:
- Probability of Default (PD); - Probability of Default (PD)
- Loss Given Default (LGD) ; dan - Loss Given Default (LGD); and
- Exposure At Default (EAD). - Exposure At Default (EAD).
Peringkat risiko kredit akan menjadi masukan utama untuk Credit risk grades will be a primary input into the determination
menentukan PD atas eksposur. Bank akan menggunakan of the term structure of PD for exposures. The Bank will employ
model statistik untuk menganalisa data yang telah statistical models to analyze the data collected and generate
dikumpulkan dan menghasilkan estimasi PD sepanjang sisa estimates of the remaining lifetime PD of exposures and how
umur dari eskposur dan bagaimana perubahan ekspektasian these are expected to change as a result of the passage of
akan terjadi dalam suatu kurun waktu. Analisa ini akan time. This analysis will include the identification and calibration
termasuk identifikasi dan kalibrasi atas hubungan antara of relationships between changes in default rates and changes
perubahan tingkat gagal bayar dan perubahan faktor utama in key macro-economic factors, for example: CPI inflation, real
makro ekonomi, sebagai contohnya: tingkat inflasi, Gross Domestic Products (GDP) growth, benchmark interest
pertumbuhan Produk Domestik Bruto (PDB), suku bunga rates and unemployment rate.
acuan dan tingkat pengangguran.
Konsep dari LGD adalah menggabungkan semua pemulihan The concept of LGD is incorporating all recoveries from a
dari proses penagihan yang telah selesai menjadi tingkat completed collection process into loss rate which would reflect
kerugian yang mencerminkan biaya penagihan dan nilai waktu the collection cost and the time value on loss rate. The data of
atas tingkat kerugian. Data pemulihan yang dikumpulkan recoveries are collected based on recoveries received by the
adalah jumlah pemulihan yang diterima oleh Bank dari akun Bank from the non-performing loan account that has been
non-performing loan yang telah dihapusbukukan atau telah written-off or fully repaid/settled.
lunas dibayar/diselesaikan.
EAD merupakan eksposur ekspektasian pada saat terjadi EAD represents the expected exposure in the event of a
gagal bayar. Bank akan mendapatkan nilai EAD berdasarkan default. The Bank will derive the EAD from the current exposure
eksposur terhadap pihak lawan saat ini dan kemungkinan to the counterparty and potential changes to the current amount
perubahan terhadap eksposur saat ini berdasarkan kontrak, allowed under the contract, including amortization, and
termasuk amortisasi dan pelunasan dipercepat. EAD dari aset prepayments. The EAD of a financial asset will be the gross
keuangan adalah nilai tercatat bruto saat gagal bayar. Untuk carrying amount at default. For lending commitments and
komitmen pinjaman dan kontrak jaminan keuangan, nilai EAD financial guarantees, the EAD will consider the amount drawn,
akan mempertimbangkan jumlah yang telah ditarik, dan as well as potential future amounts that may be drawn or repaid
potensial jumlah yang akan ditarik di masa depan atau under the contract.
dibayarkan sesuai dengan kontrak.
33
Page 619
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. INFORMATION OF MATERIAL ACCOUNTING POLICIES
(continued)
o. Identifikasi dan pengukuran kerugian penurunan nilai o. Identification and measurement of impairment losses
(lanjutan) (continued)
Penurunan nilai atas aset non-produktif Impairment of non-productive assets
Penyesuaian atas penyisihan penghapusan aset non-produktif Adjustments to the allowance for losses on non-productive
dicatat dalam periode dimana penyesuaian tersebut diketahui assets are reported in the year that such adjustments become
atau dapat ditaksir secara wajar. Termasuk di dalam known or can be reasonably estimated. These adjustments
penyesuaian ini adalah penambahan penyisihan penghapusan include additional allowance for losses as well as recoveries of
aset non-produktif maupun pemulihan aset non-produktif yang previously written-off non-productive assets.
telah dihapusbukukan sebelumnya.
Aset non-produktif dihapusbukukan dengan mengurangi Non-productive assets are written-off against the respective
penyisihan penghapusan yang bersangkutan apabila menurut allowance for losses when management believes that the
manajemen aset tersebut tidak mungkin dipulihkan lagi. recoverability of those assets is unlikely.
Penyisihan kerugian aset produktif dan aset non-produktif - Allowance for possible losses of earning assets and non-
produk perbankan Syariah earning assets - Sharia banking product
Entitas Anak dan Unit Usaha Syariah membentuk penyisihan The Subsidiary and Sharia Business Unit has provided the
kerugian atas aset produktif dan aset non-produktif allowance for possible losses on earning assets and non-
berdasarkan penelaahan manajemen terhadap kualitas aset earning assets based on management’s review of the quality of
produktif dan aset non-produktif tersebut pada tiap akhir tahun, these earning assets and non-earning assets at the end of
evaluasi manajemen atas prospek usaha, kinerja keuangan each year, and management evaluation of every debtor’s
dan kemampuan membayar setiap debitur. Serta business prospect, financial performance and repayment ability.
mempertimbangkan juga hal-hal lain seperti klasifikasi Moreover, the allowance also considers other things such as
berdasarkan hasil pemeriksaan Otoritas Jasa Keuangan, classification based on Financial Services Authority audit
klasifikasi yang ditetapkan oleh bank umum lainnya atas aset results, classification determined by either commercial banks
produktif yang diberikan oleh lebih dari satu bank dan on earning assets provided by more than one bank and
ketersediaan laporan keuangan debitur yang telah diaudit. availability of debtor’s audited financial statements.
Untuk tujuan evaluasi penurunan nilai kolektif atas piutang dan For the purpose of evaluating the collective impairment on
pembiayaan yang diberikan sebagaimana diwajibkan oleh receivables and financing, as required by Bank Indonesia
Bank Indonesia sesuai dengan Surat Edaran Bank Indonesia based on Circular Letter Bank Indonesia No.15/26/DPbS dated
No.15/26/DPbS tanggal 10 Juli 2013, PSAK 402 dan Surat July 10, 2013, PSAK 402 and Financial Services Authority’s
Otoritas Jasa Keuangan (OJK) No.S-159/PB.13/2014 letter No.S-159/PB.13/2014 dated December 3, 2014,
tertanggal 3 Desember 2014, perihal tanggapan atas usulan concerning the respond of ASBISINDO’s proposal, in adopting
ASBISINDO, untuk penerapan pertama kali PSAK 402 dan of PSAK 402 and PAPSI (revised 2013). The Group applies the
PAPSI (revisi 2013). Grup menerapkan ketentuan transisi transition rule for collective impairment with the calculation
penurunan nilai secara kolektif dengan menggunakan estimasi based on the applicable Bank Indonesia’s regulation on the
yang didasarkan pada ketentuan Bank Indonesia yang berlaku Quality Rating of assets of Commercial Bank which conduct
Penilaian Kualitas Aktiva Bank Umum yang Melaksanakan Business Based on Sharia Principles.
Kegiatan Usaha Berdasarkan Prinsip Syariah.
Dalam evaluasi penurunan nilai terhadap piutang murabahah The evaluation of impairment of murabahah receivables is done
dilakukan secara periodik pada setiap tanggal laporan periodically on every consolidated financial statement date, to
keuangan konsolidasian, untuk memastikan metodologi dan ensure methodology and assumptions are reliable, and to
asumsi yang digunakan dapat diandalkan, serta meminimalkan reduce difference between estimated losses amount and actual
perbedaan antara estimasi jumlah kerugian dengan jumlah losses amount.
kerugian aktual.
Penyisihan kerugian penurunan nilai secara individual dihitung Allowance for impairment losses is calculated individually by
dengan menggunakan metode diskonto arus kas (discounted using discounted cash flows method. Murabahah receivables
cash flows). Piutang murabahah yang telah mengalami that has been impaired is recognized based on amount that are
penurunan nilai dicatat berdasarkan jumlah yang didiskonto discounted (discounted value) and not based on net book
(discounted value) dan bukan berdasarkan nilai buku, karena value, because the amount of murabahah receivables that had
tidak akan dapat diperoleh kembali seluruh jumlah piutang been given to debtors are unable to be fully recovered. The
murabahah yang telah diberikan kepada debitur. Jumlah yang amount of discounted value is obtained by estimating the future
didiskonto (discounted value) diperoleh dengan mengestimasi cash flows (includes payment of principles and margin) that is
arus kas masa datang (mencakup pembayaran pokok dan discounted at effective margin.
marjin) didiskonto menggunakan marjin efektif.
34
Page 620
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. INFORMATION OF MATERIAL ACCOUNTING POLICIES
(continued)
o. Identifikasi dan pengukuran kerugian penurunan nilai o. Identification and measurement of impairment losses
(lanjutan) (continued)
Penyisihan kerugian aset produktif dan aset non-produktif - Allowance for possible losses of earning assets and non-
produk perbankan Syariah (lanjutan) earning assets - Sharia banking product (continued)
Sedangkan penyisihan kerugian penurunan nilai atas aset Allowance for impairment losses on financial assets are
keuangan yang dinilai secara kolektif berdasarkan pengalaman collectively evaluated on the basis of historical loss experience.
kerugian yang lalu (historical loss experience). Historical loss Historical loss experience is adjusted on the basis of current
experience disesuaikan menggunakan dasar data yang dapat observable data to reflect the effects of current conditions
diobservasi untuk mencerminkan efek dari kondisi saat ini affecting the Group and to remove the past effects of conditions
terhadap Grup dan menghilangkan efek dari masa lalu yang in the historical period that no longer valid.
sudah tidak berlaku saat ini.
Bank menggunakan roll rate analysis method untuk menilai The Bank uses roll rate analysis method to assess the
penyisihan kerugian penurunan nilai aset. Bank menggunakan allowance for impairment losses. The Bank uses historical data
data historis selama 3 (tiga) tahun dalam perhitungan in the 3 (three) years in calculating the Probability of Default
Probability of Default (PD) dan menggunakan data historis (PD) and also using those 3 (three) years of historical data to
selama 3 (tiga) tahun untuk Loss Given Default (LGD). compute for the Loss Given Default (LGD).
Pengelompokan karakteristik risiko pembiayaan digolongkan The classification characteristics of risk loan is classified based
berdasarkan pembiayaan murabahah dan dilakukan evaluasi on Bank Wide murabahah financing and is evaluated every 1
(loan review) setiap 1 (satu) tahun sekali. (one) year.
Dalam menentukan penyisihan kerugian (selain piutang In determining the allowance for losses (except murabahah
murabahah) dan peringkat kualitas aset, Entitas Anak dan Unit receivables) and asset quality rating, the Subsidiary and Sharia
Usaha Syariah menerapkan PBI No.8/21/PBI/2006 tanggal 5 Business Unit applies PBI No.8/21/PBI/2006 dated October 5,
Oktober 2006 yang mana dalam pasal-pasal tertentu telah 2006 wherein certain articles have been amended by PBI
diubah dengan PBI No.9/9/2007 tanggal 18 November 2007 No.9/9/2007 dated November 18, 2007 and PBI
dan PBI No.10/24/PBI/2008 tanggal 16 Oktober 2008 serta PBI No.10/24/PBI/2008 dated October 16, 2008 and
No.13/13/PBI/2011 tanggal 24 Maret 2011 tentang Penilaian No.13/13/PBI/2011 dated March 24, 2011 regarding Asset
Kualitas Aset Bank Umum yang melaksanakan Kegiatan Quality Rating for Commercial Banks Conducting Business
Usaha Berdasarkan Prinsip Syariah dalam menentukan Based on Sharia Principles for determination of impairment
kerugian penurunan nilai. losses.
Penyisihan kerugian minimum atas aset produktif adalah Minimum allowance for possible losses on earning assets is as
sebagai berikut: follows:
Persentase minimum penyisihan kerugian/
Minimum percentage of allowance for impairment losses
Lancar *) Minimum 1% Current *)
Dalam perhatian khusus Minimum 5% Special mention
Kurang lancar Minimum 15% Sub-standard
Diragukan Minimum 50% Doubtful
Macet 100% Loss
*) Di luar Fasilitas Simpanan Bank Indonesia Syariah, Sertifikat Bank *) Excluding Deposit Facilities of Bank Indonesia Sharia, Certificates of Bank
Indonesia Syariah dan surat berharga yang diterbitkan Pemerintah Indonesia Sharia and marketable securities sharia and earning assets
berdasarkan prinsip syariah aset produktif dengan agunan tunai. secured by cash collateral.
Penyisihan khusus terhadap kredit bermasalah dihitung Specific provisions for non-performing loans were calculated
berdasarkan kemampuan debitur dalam membayar utang. based on the borrower's debt servicing capacity. Specific
Penyisihan khusus dibentuk ketika timbul keraguan akan provisions were made as soon as the debt servicing of the loan
kemampuan debitur dalam membayar dan menurut is questionable and management considers that the estimated
pertimbangan manajemen, estimasi jumlah yang akan recovery from the borrower was likely to fall short from the
diperoleh kembali dari debitur berada di bawah jumlah pokok amount of principal and interest outstanding.
dan bunga kredit yang belum terbayar.
35
Page 621
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. INFORMATION OF MATERIAL ACCOUNTING POLICIES
(continued)
o. Identifikasi dan pengukuran kerugian penurunan nilai o. Identification and measurement of impairment losses
(lanjutan) (continued)
Penyisihan kerugian penurunan nilai aset non-keuangan Allowance for impairment losses on non-financial assets
Aset yang memiliki masa manfaat yang tidak terbatas - Assets that have an indefinite useful life - for example, goodwill
misalnya goodwill atau aset takberwujud yang belum siap or intangible assets not ready for use - are not subject to
digunakan - tidak diamortisasi namun diuji penurunan nilainya amortisation but tested annually for impairment, or more
setiap tahun, atau lebih sering apabila terdapat peristiwa atau frequently if events or changes in circumstances indicate that
perubahan pada kondisi yang mengindikasikan kemungkinan they might be impaired. Assets that are subject to amortisation
penurunan nilai. Aset yang diamortisasi diuji ketika terdapat are reviewed for impairment whenever events or changes in
indikasi bahwa nilai tercatatnya mungkin tidak dapat circumstances indicate that the carrying amount may not be
dipulihkan. Penurunan nilai diakui jika nilai tercatat aset recoverable. An impairment loss is recognised for the amount
melebihi jumlah terpulihkan. Jumlah terpulihkan adalah yang by which the asset’s carrying amount exceeds its recoverable
lebih tinggi antara nilai wajar aset dikurangi biaya untuk amount. The recoverable amount is the higher of an asset’s fair
menjual dan nilai pakai aset. Dalam menentukan penurunan value less costs to sell and value in use. For the purposes of
nilai, aset dikelompokkan pada tingkat yang paling rendah di assessing impairment, assets are grouped at the lowest levels
mana terdapat arus kas masuk yang dapat diidentifikasi, yang for which there are separately identifiable cash inflows, which
sebagian besar tidak tergantung pada arus masuk kas dari are largely independent of the cash inflows from other assets or
aset lain atau kelompok aset (unit penghasil kas). Aset non- group of assets (cash generating units). Non-financial assets
keuangan selain goodwill yang mengalami penurunan nilai other than goodwill that suffer impairment are reviewed for
diuji setiap tanggal pelaporan untuk menentukan apakah possible reversal of the impairment at each reporting date.
terdapat kemungkinan pemulihan penurunan nilai.
Pemulihan rugi penurunan nilai, untuk aset selain goodwill, Reversal on impairment loss for assets other than goodwill
diakui jika, dan hanya jika, terdapat perubahan estimasi yang would be recognised if, and only if, there has been a change in
digunakan dalam menentukan jumlah terpulihkan aset sejak the estimates used to determine the asset’s recoverable
pengujian penurunan nilai terakhir kali. Pembalikan rugi amount since the last impairment test was carried out. Reversal
penurunan nilai tersebut diakui segera dalam laba rugi, kecuali on impairment losses will be immediately recognised on profit
aset yang disajikan pada jumlah revaluasian sesuai dengan or loss, except for assets measured using the revaluation
PSAK lain. Rugi penurunan nilai yang diakui atas goodwill model as required by other PSAK. Impairment losses relating to
tidak dibalik lagi. goodwill would not be reversed.
p. Biaya dibayar dimuka p. Prepaid expenses
Biaya dibayar dimuka diamortisasi selama masa manfaat Prepaid expenses are amortized over the beneficial periods
masing-masing biaya dengan menggunakan metode garis using the straight-line method.
lurus.
q. Penyertaan saham q. Investment in shares
Penyertaan saham terdiri dari investasi jangka panjang Investments in shares represent long-term investments
terutama pada perusahaan non-publik dan penyertaan mostly in non-publicly-listed companies and temporary
sementara hasil restrukturisasi kredit pada perusahaan investments from loan restructuring in debtor companies
debitur yang timbul akibat konversi kredit yang diberikan. arising from conversion of loans.
Penyertaan saham untuk tujuan investasi dengan kepemilikan Investments in shares under 20% and with no significant
di bawah 20% dan tidak terdapat pengaruh signifikan control are financial assets classified as fair value through
merupakan aset keuangan yang diklasifikasikan sebagai profit/loss or amortised cost. Refer to Note 2e for the
nilai wajar melalui laba rugi atau biaya perolehan accounting policy for fair value through profit/loss or
diamortisasi. Lihat Catatan 2e untuk kebijakan akuntansi amortised cost.
atas nilai wajar melalui laba rugi dan biaya perolehan
diamortisasi.
r. Aset tetap r. Fixed assets
Aset tetap, kecuali tanah, dicatat sebesar harga perolehan Fixed assets, except land, are recorded at cost less
dikurangi akumulasi penyusutan. Biaya perolehan termasuk accumulated depreciation. Such cost includes the cost of
biaya penggantian bagian aset tetap saat biaya tersebut replacing part of fixed assets when that cost is incurred, if the
terjadi, jika memenuhi kriteria pengakuan. Selanjutnya, pada recognition criteria are met. Likewise, when a major inspection
saat inspeksi yang signifikan dilakukan, biaya inspeksi itu is performed, its cost is recognized in the carrying amount of
diakui ke dalam jumlah tercatat (“carrying amount”) aset tetap fixed assets as a replacement if the recognition criteria are
sebagai suatu penggantian jika memenuhi kriteria pengakuan. satisfied. All other repairs and maintenance costs that do not
Semua biaya pemeliharaan dan perbaikan yang tidak meet the recognition criteria are recognized in the consolidated
memenuhi kriteria pengakuan diakui dalam laporan laba rugi statements of profit or loss and other comprehensive income as
dan penghasilan komprehensif lain konsolidasian pada saat incurred.
terjadinya.
36
Page 622
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. INFORMATION OF MATERIAL ACCOUNTING POLICIES
(continued)
r. Aset tetap (lanjutan) r. Fixed assets (continued)
Biaya pengurusan hak legal atas tanah ketika tanah diperoleh Costs relating to the acquisition of legal titles on the land rights
pertama kali diakui sebagai bagian dari biaya perolehan tanah. are recognised as part of acquisition cost of land. The costs of
Biaya perpanjangan atau pembaruan hak legal atas tanah extension or renewal of legal titles on the land rights are
dibebankan dalam laba rugi konsolidasian pada saat terjadinya charged to consolidated profit or loss as incurred because the
karena nilainya tidak material. amount is not material.
Golongan bangunan disusutkan dengan menggunakan metode Buildings are depreciated using the straight-line method over
garis lurus (straight-line method) berdasarkan taksiran masa their estimated useful lives of 20 (twenty) years. Other fixed
manfaat ekonomis 20 (dua puluh) tahun. Aset tetap lainnya assets are depreciated over their estimated useful lives ranging
disusutkan berdasarkan taksiran masa manfaat ekonomis aset from 4 (four) to 8 (eight) years using the double-declining
yang berkisar antara 4 (empat) sampai dengan 8 (delapan) balance method for the Bank, and straight-line method for
tahun dengan menggunakan metode saldo menurun ganda Subsidiary. The effect of such different depreciation method is
(double-declining balance method) bagi Bank, dan metode not material to the consolidated financial statements. For all
garis lurus (straight-line method) untuk Entitas Anak. Pengaruh fixed assets, the Group has determined residual values to be
perbedaan metode penyusutan tersebut tidak material “nil” for the calculation of depreciation.
terhadap laporan keuangan konsolidasian. Untuk semua aset
tetap, Grup menetapkan nilai residu nihil untuk perhitungan
penyusutan.
Peralatan kantor terdiri dari perabotan dan perlengkapan, Office equipment consists of furniture and fixtures, installation,
instalasi, perangkat lunak dan perangkat keras komputer, computer software and hardware, communication and other
peralatan komunikasi dan peralatan kantor lainnya. office equipment.
Tanah awalnya dinyatakan berdasarkan harga perolehan dan Land initially stated at cost and is not depreciated. After initial
tidak disusutkan. Setelah pengakuan awal, tanah diukur pada recognition, land is measured at fair value on the date of the
nilai wajar pada tanggal revaluasi dikurangi akumulasi rugi revaluation less any accumulated impairment losses after the
penurunan nilai setelah tanggal revaluasi. Penilaian terhadap date of revaluation. Assessment of the land is done by
tanah dilakukan oleh penilai yang memiliki kualifikasi assessors who have professional qualifications, and are
profesional, dan dilakukan secara berkala untuk memastikan conducted regularly to ensure that the carrying amount of land
bahwa jumlah tercatat tanah tidak berbeda secara material does not differ materially from the amount determined using fair
dengan jumlah yang ditentukan dengan menggunakan nilai value at the end of the reporting period (Note 16).
wajarnya pada akhir periode pelaporan (Catatan 16).
Kenaikan nilai tercatat yang timbul dari revaluasi dicatat The increase in the carrying amount arising from the
sebagai “Surplus Revaluasi Aset Tetap”, dan disajikan dalam revaluation is recorded as "Surplus Revaluation of Fixed
penghasilan komprehensif lain. Namun, kenaikan tersebut Assets", and are presented in other comprehensive income.
diakui dalam laba rugi hingga sebesar jumlah penurunan nilai However, the increase is recognized in profit or loss up to the
aset yang sama akibat revaluasi yang pernah dilakukan amount of impairment of the similar assets due to revaluation
sebelumnya dalam laba rugi. Penurunan nilai tercatat yang that was done before in profit or loss. The decrease in the
timbul dari revaluasi diakui dalam laba rugi. carrying amount arising from the revaluation is recognized in
profit or loss.
Jumlah tercatat aset tetap dihentikan pengakuannya pada saat Carrying amount of fixed assets is derecognized upon disposal
dilepaskan atau saat tidak ada manfaat ekonomis masa depan or when no future economic benefits are expected from its use
yang diharapkan dari penggunaan atau pelepasannya. Laba or disposal. Any gain or loss arising on derecognition of the
atau rugi yang timbul dari penghentian pengakuan aset asset (calculated as the difference between the net disposal
(dihitung sebagai perbedaan antara jumlah neto hasil proceeds and the carrying amount of the asset) is included in
pelepasan dan jumlah tercatat dari aset) dimasukkan dalam the consolidated statement of profit or loss and other
laporan laba rugi dan penghasilan komprehensif lain comprehensive income in the year the asset is derecognized.
konsolidasian pada tahun aset tersebut dihentikan
pengakuannya.
Aset tetap dievaluasi kemungkinan penurunan nilainya jika Fixed assets are reviewed for impairment when events or
terjadi peristiwa atau perubahan keadaan yang changes in circumstances indicate that the carrying values may
mengindikasikan bahwa nilai tercatatnya tidak dapat not be fully recoverable.
seluruhnya dipulihkan.
Pada setiap akhir tahun buku, nilai residu, umur manfaat dan At each financial year end, the assets’ residual values, useful
metode penyusutan direview, dan jika sesuai dengan keadaan, lives and methods of depreciation are reviewed, and adjusted
disesuaikan secara prospektif. Pada saat inspeksi yang prospectively as appropriate. When a significant inspection of
signifikan dilakukan, biaya inspeksi itu diakui ke dalam jumlah the asset is performed, the cost of inspection is capitalized as
tercatat (carrying amount) aset tetap sebagai suatu part of the replacement cost of the asset’s carrying amount, if
penggantian jika memenuhi kriteria pengakuan. Semua biaya the criteria for recognition are met. All maintenance and repair
pemeliharaan dan perbaikan yang tidak memenuhi kriteria costs which do not fulfill the capitalization criteria, are
pengakuan diakui dalam laporan laba rugi konsolidasian pada recognized in the consolidated statement of profit or loss upon
saat terjadinya. occurrence.
37
Page 623
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. INFORMATION OF MATERIAL ACCOUNTING POLICIES
(continued)
r. Aset tetap (lanjutan) r. Fixed assets (continued)
Aset dalam penyelesaian dinyatakan sebesar harga perolehan. Construction-in-progress is stated at cost. The accumulated
Akumulasi biaya perolehan akan dipindahkan ke masing- cost will be reclassified to the appropriate fixed asset account
masing aset tetap pada saat pekerjaan selesai dan aset when the construction is completed and the asset is ready for
tersebut siap untuk digunakan. its intended use.
Semua biaya dan beban yang terjadi sehubungan dengan All costs and expenses incurred in connection with the
perolehan hak atas tanah, diakui sebagai biaya perolehan hak acquisition of land right, recognized as the acquisition cost of
atas tanah. Biaya pengurusan legal hak atas tanah ketika land right. The legal cost occurred when the land was first
tanah diperoleh pertama kali diakui sebagai bagian dari biaya acquired is recognized as part of the acquisition cost of land
perolehan aset tanah. Biaya pengurusan perpanjangan atau right. Extension or renewal of the maintenance cost of legal
pembaruan legal hak atas tanah diakui sebagai aset tak rights over land recognized as an intangible asset and
berwujud dan diamortisasi sepanjang umur hukum hak atau amortized over the life of legal rights or economic life of the
umur ekonomis tanah, mana yang lebih pendek. land, whichever is shorter.
Pada tanggal permulaan kontrak, Grup menilai apakah kontrak At the inception of a contract, the Group assesses whether the
merupakan atau mengandung sewa. Suatu kontrak merupakan contract is or contains a leases. A contract is or contains a
atau mengandung sewa jika kontrak tersebut memberikan hak leases if the contract conveys the right to control the use of an
untuk mengendalikan penggunaan aset identifikasian selama identified assets for a period of time in exchange for
suatu jangka waktu untuk dipertukarkan dengan imbalan. Grup consideration. The Group can choose not to recognise the right-
dapat memilih untuk tidak mengakui aset hak-guna dan of-use asset and lease liabilities for:
liabilitas sewa untuk:
- Sewa jangka-pendek; dan - Short term lease; and
- Sewa yang aset pendasarnya bernilai rendah. - Low value asset.
s. Aset hak guna dan liabilitas sewa s. Right of use assets and lease liabilities
Untuk menilai apakah kontrak memberikan hak untuk To assess whether a contract conveys the right to control the
mengendalikan penggunaan aset identifikasian, Grup harus use of an identified asset, the Group shall assess whether:
menilai apakah:
- Grup memiliki hak untuk mendapatkan secara substansial - The Group has the right to obtain substantially all the
seluruh manfaat ekonomi dari penggunaan aset economic benefit from use of the asset throughout the period
identifikasian; dan of use; and
- Grup memiliki hak untuk mengarahkan penggunaan aset - The Group has the right to direct the use of the asset. The
identifikasian. Grup memiliki hak ini ketika Grup memiliki hak Group has described when it has a decision-making rights
untuk pengambilan keputusan yang relevan tentang that are the most relevant to changing how and for what
bagaimana dan untuk tujuan apa aset digunakan telah purpose the asset is used are predetermined:
ditentukan sebelumnya:
a. Grup memiliki hak untuk mengoperasikan aset; a. The Group has the right to operate the asset;
b. Grup telah mendesain aset dengan cara menetapkan b. The Group has designed the asset in a way that
sebelumnya bagaimana dan untuk tujuan apa aset akan predetermine how and for what purpose it will be used.
digunakan selama periode penggunaan.
Pada tanggal permulaan sewa, Grup mengakui aset hak-guna The Group recognises a right-of-use asset and a leases liability
dan liabilitas sewa. Aset hak-guna diukur pada biaya at the leases commencement date. The right-of-use asset is
perolehan, dimana meliputi jumlah pengukuran awal liabilitas initially measured at cost, which comprises the initial amount of
sewa yang disesuaikan dengan pembayaran sewa yang the leases liability adjusted for any leases payment made at or
dilakukan pada atau sebelum tanggal permulaan, ditambah before the commencement date, plus any initial direct cost
dengan biaya langsung awal yang dikeluarkan. Untuk incurred. For the subsequent measurements, the right of use
pengukuran selanjutnya, aset hak guna dikurangi dengan assets less the accumulated depreciation, any accumulated
akumulasi penyusutan dan kerugian penurunan nilai, serta impairment losses, and adjusted for any remeasurement of
disesuaikan untuk setiap pengukuran kembali liabilitas sewa. lease liabilities. The right-of-use asset is amortised over the
Aset hak-guna diamortisasi dengan menggunakan metode straight-line method throughout the lease term.
garis lurus sepanjang jangka waktu sewa.
38
Page 624
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. INFORMATION OF MATERIAL ACCOUNTING POLICIES
(continued)
s. Aset hak guna dan liabilitas sewa (lanjutan) s. Right of use assets and lease liabilities (continued)
Liabilitas sewa diukur pada nilai kini pembayaran sewa yang The lease liability is initially measured at the present value of
belum dibayar pada tanggal permulaan, didiskontokan dengan the lease payments that are not paid at the commencement
menggunakan suku bunga implisit dalam sewa atau jika suku date, discounted using the interest rate implicit in the lease or, if
bunga tersebut tidak dapat ditentukan, maka menggunakan that right cannot be readily determined, using incremental
suku bunga pinjaman inkremental. Pada umumnya, Grup borrowing rate. Generally, The Group uses its incremental
menggunakan suku bunga pinjaman inkremental sebagai borrowing rate as a discount rate. For the subsequent
tingkat bunga diskonto. Untuk pengukuran selanjutnya, jumlah measurement, amount of lease liabilities increased to reflect the
liabilitas sewa ditingkatkan untuk mencerminkan pertambahan increasing of interest and reduced by the lease payments. In
bunga dan dikurangi pembayaran sewa yang dilakukan. Selain addition, the carrying amount of lease liabilities remeasured if
itu, jumlah tercatat liabilitas sewa diukur kembali jika terdapat there is a modification, change in lease term, change of lease
modifikasi, perubahan jangka waktu sewa, perubahan payment, or changes in assessment of purchase option of the
pembayaran sewa, atau perubahan dalam penilaian opsi untuk underlying asset.
membeli aset pendasar.
Pembayaran sewa dialokasikan menjadi bagian pokok dan Each leases payment is allocated between the liability and
biaya keuangan. Biaya keuangan dibebankan pada laba rugi finance cost. The finance cost is charged to profit or loss over
selama periode sewa sehingga menghasilkan tingkat suku the leases period so as to produce a constant periodic rate of
bunga periodik yang konstan atas saldo liabilitas untuk setiap interest on the remaining balance of the liability for each period.
periode.
Jika sewa mengalihkan kepemilikan aset pendasar kepada If the leases transfers ownership of the underlying asset to the
Grup pada akhir masa sewa atau jika biaya perolehan aset hak- Group by the end of the leases term or if the cost of the right-of-
guna merefleksikan Grup akan mengeksekusi opsi beli, maka use asset reflects that the Group will exercise a purchase
Grup menyusutkan aset hak-guna dari tanggal permulaan option, the Group depreciates the right-of-use asset from the
hingga akhir umur manfaat aset pendasar. Jika tidak, maka commencement date to the end of the useful life of the
Grup menyusutkan aset hak-guna dari tanggal permulaan underlying asset. Otherwise, the Group depreciates the right-of-
hingga tanggal yang lebih awal antara akhir umur manfaat aset use asset from the commencement date to the earlier of the
hak-guna atau akhir masa sewa. end of the useful life of the right-of-use asset or the end of the
leases term.
Modifikasi sewa Leases modification
Grup mencatat modifikasi sewa sebagai sewa terpisah jika: The Group account for a leases modification as a separate
leases if both:
- modifikasi meningkatkan ruang lingkup sewa dengan - the modification increases the scope of the leases by adding
menambahkan hak untuk menggunakan satu aset pendasar the right to use one or more underlying assets;
atau lebih;
- imbalan sewa meningkat sebesar jumlah yang setara - the consideration for the leases increases by an amount
dengan harga tersendiri untuk peningkatan dalam ruang commensurate with the standalone price for the increase in
lingkup dan penyesuaian yang tepat pada harga tersendiri scope and any appropriate adjustments to that standalone
tersebut untuk merefleksikan kondisi kontrak tertentu. price to reflect the circumstances of the particular contract.
t. Aset takberwujud t. Intangible assets
Aset takberwujud diakui jika, dan hanya jika, biaya perolehan Intangible assets are recognized if, and only if the cost of the
aset tersebut dapat diukur secara andal dan kemungkinan asset can be measured reliably and it is probable that the Bank
besar Bank dan Entitas Anak akan memperoleh manfaat and Subsidiary will obtain future economic benefits from the
ekonomis masa depan dari aset tersebut. Aset takberwujud asset. Intangible assets consist of software, and goodwill,
terdiri dari perangkat lunak, dan goodwill, hubungan customer relationships and trademarks acquired when
pelanggan dan merek dagang yang diperoleh pada saat acquistion.
akuisisi.
39
Page 625
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. INFORMATION OF MATERIAL ACCOUNTING POLICIES
(continued)
t. Aset takberwujud (lanjutan) t. Intangible assets (continued)
Perangkat lunak Software
Perangkat lunak dicatat sebesar biaya perolehan dikurangi Software is stated at cost less accumulated amortisation and
akumulasi amortisasi dan akumulasi rugi penurunan nilai aset. accumulated impairment losses. Acquired computer software
Biaya yang dikeluarkan untuk memperoleh lisensi perangkat licences are capitalised on the basis of the costs incurred to
lunak komputer dan mempersiapkan perangkat lunak tersebut acquire and bring to use the specific software. Costs
sehingga siap untuk digunakan dikapitalisasi. Biaya yang associated with maintaining computer software programs are
terkait dengan pemeliharaan program perangkat lunak diakui recognised as an expense as incurred. Development costs that
sebagai beban pada saat terjadinya. Biaya pengembangan are directly attributable to the design and testing of identifiable
yang dapat secara langsung diatribusikan kepada desain dan and unique software products controlled by the Group are
pengujian produk perangkat lunak yang dapat diidentifikasi dan recognised as software. Other development expenditures that
unik yang dikendalikan oleh Grup diakui sebagai perangkat do not meet these criteria are recognised as an expense as
lunak. Pengeluaran pengembangan yang lain yang tidak incurred. Development costs previously recognised as an
memenuhi kriteria ini diakui sebagai beban pada saat expense are not recognised as an asset in a subsequent
terjadinya. Biaya pengembangan yang sebelumnya diakui period.
sebagai beban tidak dapat diakui sebagai aset pada periode
berikutnya.
Perangkat lunak diamortisasi dengan menggunakan metode Software is amortised using the straight-line method over their
garis lurus (straight-line method) berdasarkan taksiran masa estimated useful lives of 4 (four) years for the Subsidiary.
manfaat ekonomis aset 4 (empat) tahun bagi Entitas Anak. Amortisation is recognised in the current year consolidated
Amortisasi diakui dalam laba rugi konsolidasian tahun berjalan. statements of profit or loss.
Aset tak berwujud dihentikan pengakuannya saat aset tersebut Intangible assets shall be derecognised on disposal or when no
dilepas atau ketika tidak lagi terdapat manfaat masa depan future economic benefits are expected from its use or disposal.
yang diharapkan dari penggunaan atau pelepasannya.
Goodwill Goddwill
Goodwill merupakan selisih lebih nilai agregat dari jumlah Goodwill represents the excess of the aggregate amount of the
imbalan yang dialihkan dan nilai kepentingan non-pengendali consideration transferred and the amounts of non-controlling
dengan jumlah dari aset teridentifikasi yang diperoleh dan interest and the amounts of the identifiable assets acquired and
liabilitas yang diambil alih pada tanggal akuisisi. Goodwill tidak the liabilities assumed at the date of acquisition. Goodwill is not
diamortisasi tetapi diuji penurunan nilainya pada setiap tanggal amortised but tested for impairment at each reporting date and
pelaporan dan dicatat sebesar biaya perolehan dikurangi carried at cost less accumulated impairment losses.
akumulasi amortisasi.
Untuk pengujian penurunan nilai, goodwill yang diperoleh For the purpose of impairment testing, goodwill acquired in a
dalam kombinasi bisnis dialokasikan pada setiap unit business combination is allocated to each cash-generating unit
penghasil kas, atau kelompok unit penghasil kas, yang (“CGU”), or group of CGUs, that is expected to benefit from the
diharapkan dapat memberikan manfaat dari sinergi kombinasi synergies of the business combination. Each unit or group of
bisnis tersebut. Setiap unit atau kelompok unit yang units to which the goodwill is allocated represents the lowest
memperoleh alokasi goodwill menunjukkan tingkat terendah level within the entity at which the goodwill is monitored for
dalam entitas yang goodwill - nya dipantau untuk tujuan internal management purposes. Goodwill is monitored at the
manajemen internal. Goodwill dipantau pada level segmen operating segment level. For Group accounting policy of
operasi. Kebijakan akuntansi Grup untuk kerugian penurunan impairment losses refer to Note 2o.
nilai dibahas di Catatan 2o.
u. Liabilitas segera u. Obligations due immediately
Liabilitas segera dicatat pada saat timbulnya liabilitas atau Obligations due immediately are recorded at the time the
diterima perintah dari pemberi amanat, baik dari masyarakat obligations occurred or on receipt of transfer orders from
maupun dari bank lain. Liabilitas segera dinyatakan sebesar customers or other banks. Obligations due immediately are
liabilitas Grup dan diukur sebesar biaya perolehan stated at the amount payable by the Group measured at their
diamortisasi. amortized cost.
v. Simpanan dari nasabah v. Deposits from customers
Simpanan dari nasabah adalah dana yang ditempatkan oleh Deposits from customers are the funds placed by customers
masyarakat kepada Grup berdasarkan perjanjian penyimpanan (excluding banks) with the Group based on fund deposit
dana. Termasuk dalam akun ini adalah giro, tabungan, agreements. Included in this account are current accounts,
deposito berjangka dan bentuk lain yang dipersamakan saving accounts, time deposits and other forms which are
dengan itu. similar.
40
Page 626
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. INFORMATION OF MATERIAL ACCOUNTING POLICIES
(continued)
v. Simpanan dari nasabah (lanjutan) v. Deposits from customers (continued)
Giro merupakan simpanan dari nasabah yang dapat digunakan Current accounts represent customers’ funds which can be
sebagai alat pembayaran, yang penarikannya dapat dilakukan used as payment instruments, and which can be withdrawn by
setiap saat melalui cek, atau dengan cara pemindahbukuan the depositors at any time through check writing, or transfers
dengan bilyet giro dan sarana perintah pembayaran lainnya. between accounts using bilyet giro and other orders of payment
or transfer.
Tabungan merupakan simpanan dari nasabah yang Savings deposits represent deposits of customers that may
penarikannya hanya dapat dilakukan melalui counter dan kartu only be withdrawn over the counter and via Automatic Teller
Anjungan Tunai Mandiri (ATM), atau dengan cara Machine card (ATM), or funds transfers when certain agreed
pemindahbukuan jika memenuhi persyaratan yang disepakati, conditions are met, but which may not be withdrawn by cheque
tetapi penarikan tidak dapat dilaksanakan dengan or other equivalent instruments.
menggunakan cek atau instrumen setara lainnya.
Deposito berjangka merupakan simpanan nasabah di Grup Time deposits represent deposits from customers with the
yang penarikannya hanya dapat dilakukan pada waktu tertentu Group that may only be withdrawn at specific maturities in
sesuai dengan perjanjian antara nasabah dengan Grup. accordance with the agreements between the depositor and the
Group.
Deposito on call merupakan deposito dengan jangka waktu Deposits on call represent deposits with daily maturity and
harian dan dapat ditarik sewaktu-waktu. could be withdrawn at any time.
Simpanan nasabah diklasifikasikan sebagai liabilitas keuangan Deposits from customers are classified as financial liabilities
dan diukur pada biaya perolehan diamortisasi menggunakan and measured at amortized cost using the effective interest rate
suku bunga efektif, kecuali simpanan berdasarkan prinsip except for deposits under sharia principles that are stated as
syariah yang dinyatakan sebesar liabilitas Grup kepada the Group’s liability to the customers. Incremental costs that
nasabah. Biaya tambahan yang dapat diatribusikan secara can be attributed directly to the acquisition of deposits from
langsung dengan perolehan simpanan nasabah dikurangkan customers are deducted from total deposits received.
dari jumlah simpanan yang diterima.
Simpanan dari nasabah berdasarkan prinsip syariah terdiri Deposits from customers under sharia principles as follows:
dari:
a. Simpanan syariah berupa giro wadiah yad-adhamanah, a. Sharia deposits in the form of wadiah yad-adhamanah, a
yakni titipan dana dalam bentuk giro yang akan current account whereby the customers may receive bonus
mendapatkan bonus sesuai dengan kebijakan Grup; dan income in accordance with the Group’s policy; and
b. Investasi tidak terikat syariah, berupa: b. Sharia non-binding investments in the form of:
- Tabungan mudharabah mutlaqah, yaitu tabungan tidak - Mudharabah mutlaqah savings are non-binding saving
terikat, dimana nasabah akan memperoleh bagi hasil investments on which the customers are entitled to
(nisbah) atas penggunaan dana nasabah sesuai dengan receive a share of the Group’s Sharia Unit’s income
kesepakatan bersama antara Grup dan nasabah; dan (nisbah) in return for the usage of the funds in accordance
with the defined terms; and
- Deposito mudharabah mutlaqah, yaitu deposito tidak - Mudharabah mutlaqah deposits are non-binding
terikat sebagai investasi berjangka, dimana nasabah investments in the form of time deposits on which the
akan memperoleh bagi hasil (nisbah) atas penggunaan customers are entitled to receive a share of the Group’s
dana nasabah sesuai dengan kesepakatan bersama income (nisbah) for the usage of the funds in accordance
antara Grup dan nasabah. with the pre-defined terms.
w. Simpanan dari bank lain w. Deposits from other banks
Simpanan dari bank lain terdiri dari liabilitas terhadap bank Deposits from other banks represent liabilities to domestic and
lain, baik dalam maupun luar negeri, dalam bentuk giro, overseas banks, in the form of current accounts, savings, time
tabungan, deposito berjangka, giro wadiah, tabungan deposits, wadiah current accounts, mudharabah savings and
mudharabah dan deposito berjangka mudharabah. time deposits.
Simpanan dari bank lain diklasifikasikan sebagai liabilitas Deposits from other banks are classified as financial liabilities
keuangan dan diukur pada biaya perolehan diamortisasi and measured at amortized cost using the effective interest rate
menggunakan suku bunga efektif, kecuali simpanan syariah except for sharia deposits which are stated at the Group’s
yang dinyatakan sebesar nilai liabilitas Grup kepada nasabah. liability amount to the customer. Incremental costs that can be
Biaya tambahan yang dapat diatribusikan secara langsung attributed directly to the acquisition of deposits from other
dengan perolehan simpanan dari bank lain dikurangkan dari banks are deducted from the total deposits received.
jumlah simpanan yang diterima.
41
Page 627
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. INFORMATION OF MATERIAL ACCOUNTING POLICIES
(continued)
x. Pinjaman yang diterima x. Borrowings
Pinjaman diterima merupakan dana yang diterima dari Bank Borrowings are funds received from Bank Indonesia or other
Indonesia atau pihak lain dengan liabilitas pembayaran parties with payment obligation based on borrowings
kembali sesuai dengan persyaratan perjanjian pinjaman. agreement.
Pinjaman diterima diakui sebesar nilai wajar pada awalnya dan Borrowings are initially recognized at fair value and
selanjutnya diukur sebesar biaya perolehan diamortisasi subsequently measured at amortized cost using the effective
dengan menggunakan metode suku bunga efektif. Biaya interest rate method. Amortized cost is calculated by taking into
perolehan diamortisasi dihitung dengan memperhitungkan account any discount or premium related to the initial
adanya diskonto atau premi terkait dengan pengakuan awal recognition of borrowings and transaction costs are an integral
pinjaman diterima dan biaya transaksi merupakan bagian tidak part of the effective interest rate method.
terpisahkan dari metode suku bunga efektif.
y. Dana syirkah temporer y. Temporary syirkah funds
Dana syirkah temporer merupakan investasi dengan akad Temporary syirkah funds represent investment from other
mudharabah mutlaqah, yaitu pemilik dana memberikan parties conducted on the basis mudharabah mutlaqah contract
kebebasan kepada pengelola dana dalam pengelolaan in which the owners of the funds grant freedom to the fund
investasinya dengan keuntungan dibagikan sesuai manager in the management of their investments with profit
kesepakatan. Dana syirkah temporer terdiri dari giro distributed based on the contract. Temporary syirkah funds
mudharabah, tabungan mudharabah dan deposito consist of mudharabah current account, mudharabah saving
mudharabah. deposits and mudharabah time deposits.
Giro dan tabungan mudharabah merupakan investasi yang Mudharabah current accounts and saving deposits represent
bisa ditarik kapan saja atau sesuai dengan persyaratan investment which could be withdrawn anytime or can be
tertentu yang disepakati. Giro dan tabungan mudharabah withdrawn based on certain agreed terms. Mudharabah current
dinyatakan sebesar saldo tabungan nasabah di Grup. accounts and savings deposits are stated based on the
customer’s savings deposits balance in the Group.
Deposito mudharabah merupakan investasi yang hanya bisa Mudharabah time deposits represent investment that can only
ditarik pada waktu tertentu sesuai dengan perjanjian antara be withdrawn at a certain time based on the agreement
pemegang deposito mudharabah dengan Grup. Deposito between the customer and the Group. Mudharabah time
mudharabah dinyatakan sebesar nilai nominal sesuai dengan deposits are stated at nominal amount as agreed between the
perjanjian antara pemegang deposito dengan Grup. deposit holder and the Group.
Dana syirkah temporer tidak dapat digolongkan dengan Temporary syirkah fund cannot be classified as liability. This
kewajiban. Hal ini karena Grup tidak berkewajiban untuk was because the Group does not have any liability to return the
mengembalikan jumlah dana awal dari pemilik dana kecuali initial fund to the owners, except for losses due to bank
akibat kelalaian atau wanprestasi ketika mengalami kerugian. management’s negligence or when default of loss is incurred.
Di sisi lain dana syirkah temporer tidak dapat digolongkan On the other hand, temporary syirkah fund cannot be classified
sebagai ekuitas karena mempunyai waktu jatuh tempo dan as shareholders’ equity, because of the maturity period and the
pemilik dana tidak mempunyai hak kepemilikan yang sama depositors do not have the same rights as the shareholders’
dengan pemegang saham seperti hak voting dan hak atas such as voting rights and the rights of realised gain from current
realisasi keuntungan yang berasal dari aset lancar dan aset assets and other non-investment account.
non-investasi.
Pemilik dana syirkah temporer mendapatkan imbalan bagi The owner of temporary syirkah funds receives a return from
hasil sesuai dengan nisbah yang ditetapkan. the profit sharing based on predetermined ratio.
Hak nasabah atas bagi hasil dana syirkah temporer Third parties’ share on return of temporary syirkah funds
merupakan bagian bagi hasil milik nasabah yang didasarkan represents customer’s share on the Group’s income derived
pada prinsip mudharabah atas hasil pengelolaan dana mereka from the management of their funds by the Group under
oleh Grup. Pendapatan yang dibagikan adalah yang telah mudharabah principles. Income that will be distributed is the
diterima (cash basis). cash received (cash basis) from the share.
Pembagian hasil usaha dilakukan berdasarkan prinsip bagi The distribution of revenue is based on profit sharing scheme
hasil usaha yaitu dari pendapatan Grup yang diterima berupa on the Group’s gross profit margin.
laba kotor (gross profit margin).
42
Page 628
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. INFORMATION OF MATERIAL ACCOUNTING POLICIES
(continued)
y. Dana syirkah temporer (lanjutan) y. Temporary syirkah funds (continued)
Pendapatan marjin dan bagi hasil atas pembiayaan yang Margin income and profit sharing on financing facilities and
diberikan dan atas aset produktif lainnya akan dibagikan other earning assets are distributed to fund owners and the
kepada nasabah penyimpan dana dan grup sesuai dengan Group based on proportion of fund used in the financing and
proporsi dana yang dipakai dalam pembiayaan yang diberikan other earning assets. Margin income and profit sharing income
dan aset produktif lainnya. Selanjutnya, pendapatan margin allocated to fund owners are then distributed to fund owners
dan bagi hasil yang tersedia untuk nasabah tersebut kemudian and depositors as shahibul maal and the Group as mudharib
dibagihasilkan ke nasabah penabung dan deposan sebagai based on a predetermined ratio (nisbah). Margin income and
shahibul maal dan Grup sebagai mudharib sesuai porsi nisbah profit sharing from financing facilities and other earning assets
bagi hasil yang telah disepakati bersama sebelumnya. using the Group’s funds, are entirely shared for the Group,
Pendapatan marjin dan bagi hasil dari pembiayaan dan aset including income from the Group’s fee-based transactions.
produktif lainnya yang memakai dana bank, seluruhnya
menjadi milik Grup, termasuk pendapatan dari investasi Grup
berbasis imbalan.
z. Pendapatan dan beban bunga z. Interest income and expenses
Konvensional Conventional
Pendapatan dan beban bunga diakui pada laporan laba rugi Interest incompe and expenses are recognized in the
dan penghasilan komprehensif lain konsolidasian dengan consolidated statement of profit or loss and other
menggunakan metode suku bunga efektif. comprehensive income using the effective interest rate method.
Suku bunga efektif adalah suku bunga yang secara tepat The effective interest rate is the rate that exactly discounts the
mendiskontokan estimasi pembayaran atau penerimaan kas di estimated future cash payments or receipts through the
masa datang selama perkiraan umur dari aset keuangan atau expected life of the financial instrument (or, where appropriate,
liabilitas keuangan (atau, jika lebih tepat, digunakan periode a shorter period) to the net carrying amount of the financial
yang lebih singkat) untuk memperoleh nilai tercatat neto dari asset or financial liability.
aset keuangan atau liabilitas keuangan.
Pada saat menghitung suku bunga efektif, Grup mengestimasi When calculating the effective interest rate, the Group
arus kas di masa datang dengan mempertimbangkan seluruh estimates future cash flows considering all contractual terms of
persyaratan kontraktual dalam instrumen keuangan tersebut, the financial instrument but not future credit losses. This
tetapi tidak mempertimbangkan kerugian kredit di masa calculation reflects all commissions, provisions, and other forms
mendatang. Perhitungan ini mencakup seluruh komisi, provisi, that accepted by the parties in the contract which are an
dan bentuk lain yang diterima oleh para pihak dalam kontrak integral part of the effective interest rate, transaction costs, and
yang merupakan bagian yang tidak terpisahkan dari suku all other premiums and discounts.
bunga efektif, biaya transaksi, dan seluruh premi atau diskon
lainnya.
Jika aset keuangan atau kelompok aset keuangan serupa If financial assets or similar financial asset groups have been
telah diturunkan nilainya sebagai akibat kerugian penurunan impaired as a consequence of a loss on impairment, then the
nilai, maka pendapatan bunga yang diperoleh setelahnya interest income subsequently received is recognized based on
diakui berdasarkan suku bunga yang digunakan untuk the interest rate used for discounting future cash flows in
mendiskonto arus kas masa datang dalam menghitung calculating the loss on impairment.
kerugian penurunan nilai.
Kredit yang pembayaran angsuran pokok atau bunganya telah Loans where the principal or interest has been past due for 90
lewat 90 hari atau lebih setelah jatuh tempo, atau kredit yang days or more, or where reasonable doubt exists as to the timely
pembayarannya secara tepat waktu diragukan, secara umum collection, are generally classified as impaired loans.
diklasifikasikan sebagai kredit yang mengalami penurunan
nilai.
Syariah Sharia
Pendapatan operasi utama terdiri dari pendapatan dari The main operating income consists of income from murabahah
murabahah, pendapatan bagi hasil dari pembiayaan transactions, income from profit sharing of mudharabah and
mudharabah dan musyarakah dan pendapatan lainnya. musyarakah financing and others.
43
Page 629
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. INFORMATION OF MATERIAL ACCOUNTING POLICIES
(continued)
z. Pendapatan dan beban bunga (lanjutan) z. Interest income and expenses (continued)
Syariah (lanjutan) Sharia (continued)
Pendapatan atas piutang murabahah menggunakan metode Income from murabahah receivables using the effective rate of
setara tingkat imbal hasil efektif (margin efektif). Margin efektif return method (effective margin). Effective margin is the margin
adalah margin yang secara tepat mendiskontokan estimasi that precisely discounts the estimated future cash payments or
pembayaran atau penerimaan kas di masa datang selama receipts through the expected life of the murabahah
perkiraan umur dari piutang murabahah. Pada saat receivables. When calculating the effective margin, Bank
menghitung margin efektif, Bank mengestimasi arus kas di estimates the future cash flows considering all contractual
masa datang dengan mempertimbangkan seluruh persyaratan terms of the financial instrument, but does not consider the loss
kontraktual dalam instrumen keuangan tersebut, tetapi tidak of receivables in the future. This calculation includes all
mempertimbangkan kerugian piutang di masa mendatang. commissions, provision fees and other forms accepted by the
Perhitungan ini mencakup seluruh komisi, provisi dan bentuk parties in the contract that are an inseparable part of the
lain yang diterima oleh para pihak dalam kontrak yang effective margin, transaction costs and all other premiums or
merupakan bagian tak terpisahkan dari margin efektif, biaya discounts.
transaksi, dan seluruh premi atau diskon lainnya.
Bagi hasil dari pembiayaan mudharabah dan musyarakah Profit sharing from mudharabah and musyarakah financing is
diakui pada saat angsuran diterima secara tunai (cash basis). recognized upon collection (cash basis). Other main operating
Pendapatan operasi utama lainnya terdiri dari pendapatan dari income consists of income derived from placements with other
penempatan pada bank syariah lain. Pendapatan operasi sharia banks. Other main operating income is recognized upon
utama lainnya diakui pada saat diterima. collection.
Margin dan bagi hasil diakui secara akrual, kecuali pendapatan Margin and profit sharing are recognized on an accrual basis,
margin dan bagi hasil atas kredit yang diberikan dan except for margin and profit sharing income on loans and sharia
piutang/pembiayaan syariah dan aset produktif lainnya yang receivables/financing and other earning assets classified as
diklasifikasi sebagai non-performing, yang diakui pada saat non-performing, which is recognized only when such interest is
pendapatan tersebut diterima. Pendapatan margin dan bagi received in cash. Margin and profit sharing income recognized
hasil yang telah diakui tetapi belum tertagih dibatalkan pada or recorded but not yet received, is reversed when the loans
saat kredit diklasifikasikan non-performing, dan selanjutnya are classified as non-performing, and the interest amounts are
dilaporkan sebagai tagihan kontinjensi dalam rekening recorded as contingent receivables in the administrative
administratif dan diakui sebagai pendapatan pada saat accounts and such interest is recognized as income on a cash
diterima tunai. received basis.
aa. Pendapatan - provisi dan komisi aa. Revenue - commissions and fees
Pendapatan provisi dan komisi yang jumlahnya signifikan yang Significant fees and commission income directly related to
berkaitan langsung dengan kegiatan pinjaman, atau lending activities, or fees and commission income which relate
pendapatan provisi dan komisi yang berhubungan dengan to a specific period, are amortized over the term of the
jangka waktu tertentu, diamortisasi sesuai dengan jangka underlying contract using the effective interest rate.
waktu kontrak menggunakan suku bunga efektif. Untuk Unamortized fees and commission income relating to loans
pinjaman yang dilunasi sebelum jatuh temponya, saldo settled prior to maturity are recognized at the settlement date.
pendapatan provisi dan komisi ditangguhkan diakui pada saat Other fees and commission income are recognized at the
pinjaman dilunasi. Pendapatan provisi dan komisi lainnya transaction date.
diakui pada saat terjadinya transaksi.
Pendapatan provisi dan komisi yang berkaitan dengan kredit Fees and commission income related to lending activities are
diakui sebagai bagian dari pendapatan bunga. Untuk recognized as part of interest income. For sharia
piutang/pembiayaan syariah, provisi dan komisi diakui selama receivables/financing, fees and commissions are recognized
jangka waktu akad dengan metode garis lurus. over the term of the contract with the straight-line method.
Provisi dan komisi lainnya yang tidak berkaitan dengan Other commissions and fees not related to lending activities or
kegiatan perkreditan dan atau jangka waktu perkreditan, atau loan periods, or not material are recognized as revenues and
jumlahnya tidak material diakui sebagai pendapatan atau expenses at the time the transactions occur.
beban pada saat terjadinya transaksi.
44
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The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. INFORMATION OF MATERIAL ACCOUNTING POLICIES
(continued)
ab. Pajak penghasilan badan ab. Corporate income tax
Perlakuan akuntansi atas pajak penghasilan sesuai dengan Accounting treatment for income tax is accordance with PSAK
PSAK 212, “Pajak Penghasilan”. 212, “Income Tax”.
Beban pajak kini ditentukan berdasarkan laba kena pajak Current tax expense is determined based on the taxable
dalam periode yang bersangkutan yang dihitung berdasarkan income for the year computed using the prevailing tax rates or
tarif pajak yang berlaku atau yang secara substansial telah substantively enacted at the reporting date.
berlaku pada tanggal pelaporan.
Grup menerapkan metode liabilitas untuk menentukan pajak The Group applies the liability method to determine its income
penghasilannya. Berdasarkan metode liabilitas, aset dan tax expense. Under the liability method, deferred tax assets
liabilitas pajak tangguhan diakui atas perbedaan temporer and liabilities are recognized for temporary differences between
pelaporan komersial dan pajak atas aset dan liabilitas pada the financial and the tax bases of assets and liabilities at each
setiap tanggal pelaporan. Metode ini mensyaratkan reporting date. This method also requires the recognition of
pengakuan manfaat pajak di masa mendatang, contoh: saldo future tax benefits, such as the carryforward of unused tax
rugi fiskal yang belum digunakan, sepanjang terdapat losses, to the extent that realization of such benefits is
kemungkinan besar realisasi manfaat pajak tersebut. probable.
Aset dan liabilitas pajak tangguhan diukur berdasarkan tarif Deferred tax assets and liabilities are measured at the tax rates
pajak yang diharapkan akan berlaku pada tahun saat aset that are expected to apply to the period when the asset is
direalisasikan atau liabilitas diselesaikan berdasarkan tarif atau realized or the liability is settled, based on tax rates (and tax
peraturan perpajakan yang berlaku atau yang secara substantif laws) that have been enacted or substantively enacted at the
telah diberlakukan pada tanggal laporan posisi keuangan consolidated statement of financial position date.
konsolidasian.
Penyesuaian atas liabilitas pajak dicatat saat surat ketetapan Adjustments to tax obligations are recorded when an
pajak diterima, atau jika Grup mengajukan keberatan, saat assessment is received or, if appealed by the Group, when the
putusan banding telah diterbitkan. result of the appeal is determined.
Jumlah tercatat aset pajak tangguhan ditelaah pada setiap The carrying amount of deferred tax assets is reviewed at each
tanggal pelaporan dan nilai tercatat aset pajak tangguhan reporting date and reduced to the extent that it is no longer
tersebut diturunkan apabila tidak lagi terdapat kemungkinan probable that sufficient taxable profits will be available to allow
besar laba fiskal tersedia untuk mengkompensasi sebagian all or part of the benefit of the deferred tax assets to be utilized.
atau semua manfaat aset pajak tangguhan.
Taksiran pajak penghasilan Bank dan Entitas Anak dihitung The estimated corporate income tax of Bank and Subsidiary are
untuk masing-masing perusahaan sebagai badan hukum calculated for each company as a separate legal entity. Current
terpisah. Aset pajak kini (current tax assets) dan liabilitas tax assets and current tax liabilities for different legal income
pajak kini (current tax liabilities) untuk badan hukum yang entities cannot be set-off in the consolidated financial
berbeda tidak disalinghapuskan dalam laporan keuangan statements. Corporate tax payables and other tax payables of
konsolidasian. Utang pajak penghasilan badan dan utang Bank and Subsidiaries are presented as “Taxes payable“ in the
pajak lainnya Bank dan Entitas Anak disajikan sebagai “Utang consolidated statement of financial position.
pajak” di laporan posisi keuangan konsolidasian.
Jumlah tercatat aset pajak tangguhan ditelaah pada setiap The carrying amount of deferred tax assets is reviewed at each
tanggal pelaporan dan nilai tercatat aset pajak tangguhan reporting date and reduced to the extent that it is no longer
tersebut diturunkan apabila tidak lagi terdapat kemungkinan probable that sufficient taxable profits will be available to allow
besar laba fiskal tersedia untuk mengkompensasi sebagian all or part of the benefit of the deferred tax assets to be utilized.
atau semua manfaat aset pajak tangguhan.
ac. Laba per saham ac. Basic earnings per share
Laba per saham dasar dihitung dengan membagi laba tahun Basic earnings per share are computed by dividing income for
berjalan dengan jumlah rata-rata tertimbang saham yang the year by the weighted average number of shares
beredar pada tahun yang bersangkutan. outstanding during the year.
ad. Program imbalan kerja ad. Employee benefit plan
Grup menerapkan PSAK 219, maka Grup menghentikan The Group implement PSAK 219, the Group which eliminates
penggunaan pendekatan koridor dalam perhitungan corridor approach in calculation actuarial gain and loss in
keuntungan dan kerugian aktuarial di periode pelaporan pada reporting period other comprehensive income.
penghasilan komprehensif lain.
45
Page 631
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. INFORMATION OF MATERIAL ACCOUNTING POLICIES
(continued)
ad. Program imbalan kerja (lanjutan) ad. Employee benefit plan
Program imbalan pasti Defined benefits plans
Imbalan kerja ditentukan berdasarkan peraturan Bank dan The benefits are determined based on the Bank’s regulations
Undang-undang Cipta Kerja No.11 tahun 2020 tanggal 2 and Job Creation No.11 year 2020 dated November 2, 2020.
November 2020. Penyisihan untuk imbalan masa kerja diukur The provision for employee service entitlements is estimated on
berdasarkan laporan aktuaria. Bank menggunakan metode the basis of actuarial reports. The Bank uses the projected unit
penilaian aktuarial projected unit credit untuk menentukan nilai credit method to determine the present value of benefits,
kini dari imbalan, biaya jasa kini dan biaya jasa lalu. current service cost and past service cost. Actuarial gains and
Keuntungan dan kerugian aktuarial diakui sebagai pendapatan losses are recognized as income or expense when the net
atau beban apabila akumulasi keuntungan dan kerugian cumulative unrecognized actuarial gains and losses at the end
aktuarial bersih yang belum diakui untuk setiap program pada of the previous reporting year exceed the greater of 10% of the
akhir periode pelaporan sebelumnya melebihi jumlah yang higher of the present value of the defined benefits obligation
lebih besar diantara 10% dari nilai kini kewajiban imbalan pasti (before deducting plan assets) or 10% of the fair value of plan
(sebelum dikurangi aset program) pada tanggal tersebut atau assets at that date. Such actuarial gains or losses are
10% dari nilai wajar aset program pada tanggal tersebut. recognized as income or expense on a straight-line basis over
Keuntungan atau kerugian aktuarial diakui sebagai the expected average remaining working lives of the
pendapatan atau beban berdasarkan metode garis lurus employees.
selama rata-rata sisa masa kerja karyawan.
Biaya jasa lalu yang terjadi ketika pengenalan program imbalan Past-service costs arising from the introduction of a defined
pasti atau perubahan imbalan terutang pada program yang ada benefit plan or changes in the benefits payable of an existing
diamortisasi selama periode sampai dengan imbalan tersebut plan are required to be amortized over the period until the
menjadi hak pekerja atau vested. benefits concerned become vested.
Imbalan kerja jangka pendek Short-term employee benefits
Imbalan kerja jangka pendek seperti upah, iuran jaminan Short-term employee benefits such as wages, social security
sosial, cuti jangka pendek, bonus dan imbalan non-moneter contributions, short-term compensated leaves, bonuses and
lainnya diakui selama periode jasa diberikan. Imbalan kerja other non-monetary benefits are recognized during the period
jangka pendek diukur sebesar jumlah yang tidak when services have been rendered. Short-term employee
didiskontokan. benefits are measured using undiscounted amounts.
Program pensiun manfaat pasti Defined benefit pension plan
Pada tahun 2019, Bank melakukan perubahan Peraturan Dana In 2019, the Bank has modified the Pension Fund Policy in
Pensiun sesuai dengan Keputusan Direksi PT Bank accordance with the decision of the Directors of PT Bank
Pembangunan Daerah Jawa Timur Tbk selaku pendiri Dana Pembangunan Daerah Jawa Timur Tbk as the founder of Dana
Pensiun Pegawai Bank Pembangunan Daerah Jawa Timur Pensiun Pegawai Bank Pembangunan Daerah Jawa Timur
No.058/050.2/DIR/HCP/KEP tanggal 12 Maret 2019. Peraturan No.058/050.2/DIR/HPC/KEP dated on March 12, 2019. The
Dana Pensiun tersebut telah mendapat pengesahan dari Pension Fund Policy was approved by the decree of Indonesia
Dewan Komisaris Otoritas Jasa Keuangan No.Kep- Financial Services Authority No.KEP-24/NB.1/2019 dated on
24/NB.1/2019 tanggal 14 Juni 2019. June 14, 2019.
Peraturan Dana Pensiun tersebut merubah Keputusan Direksi The Policy superseded the decision of the Directors of PT Bank
PT Bank Pembangunan Daerah Jawa Timur Tbk selaku Pembangunan Daerah Jawa Timur Tbk as the founder of Dana
pendiri Dana Pensiun Pegawai Bank Pembangunan Daerah Pensiun Pegawai Bank Pembangunan Daerah Jawa Timur
Jawa Timur No.056/096/KEP/DIR/SK tanggal 22 Mei 2017, No.056/096/KEP/DIR/SK dated on May 22, 2017, as approved
yang telah mendapat pengesahan dari Dewan Komisaris by the decree of Indonesia Financial Services Authority
Otoritas Jasa Keuangan No.KEP-56/NB.1/2017 tanggal 8 No.KEP-56/NB.1/2017 dated November 8, 2017. The Policy
November 2017. Bank menyelenggarakan program pensiun applies to all employees who are registered in Financial
manfaat pasti untuk pegawai yang telah terdaftar di Dana Institutions Fund Pension of PT Bank Pembangunan Daerah
Pensiun PT Bank Pembangunan Daerah Jawa Timur Tbk serta Jawa Timur Tbk and has been appointed as permanent
telah diangkat menjadi pegawai tetap sampai dengan tanggal employee of the Bank before and on August 24, 2012. The
24 Agustus 2012. Kontribusi pegawai sebesar 5% dari contribution paid by the employees is 5% of employees’ basic
penghasilan dasar pensiun pekerja dan atas sisa jumlah yang pension salaries and the remaining amount is paid by the Bank.
perlu didanakan kepada Dana Pensiun merupakan kontribusi
Bank.
Program pensiun iuran pasti Defined contribution pension plan
Sesuai dengan keputusan Direksi PT Bank Pembangunan In accordance with the decision of the Directors of PT Bank
Daerah Jawa Timur Tbk No.050/067/KEP/DIR/SDM tanggal 20 Pembangunan Daerah Jawa Timur Tbk
April 2012, Bank mengadakan perjanjian kerjasama dengan No.050/067/KEP/DIR/SDM dated April 20, 2012, the Bank
Dana Pensiun Lembaga Keuangan (DPLK) Bank Rakyat entered into a cooperation agreement with “Dana Pensiun
Indonesia pada tanggal 23 April 2012 tentang pengelolaan Lembaga Keuangan Bank Rakyat Indonesia“ dated April 23,
program pensiun iuran pasti bagi pegawai Bank. 2012 regarding defined contribution pension plan for the Bank’s
employees.
46
Page 632
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. INFORMATION OF MATERIAL ACCOUNTING POLICIES
(continued)
ad. Program imbalan kerja (lanjutan) ad. Employee benefit plan
Program pensiun iuran pasti (lanjutan) Defined contribution pension plan (continued)
Iuran kepada dana pensiun sebesar persentase tertentu dari Contribution payable to a pension fund equivalent to a certain
gaji pegawai yang menjadi peserta program pensiun iuran pasti percentage of salaries for qualified employees under the Bank’s
Bank, dicadangkan dan diakui sebagai biaya ketika jasa telah defined contribution plan is accrued and recognized as
diberikan oleh pegawai-pegawai tersebut. expense when services have been rendered by qualified
employees.
Program manfaat pensiun - NTBS Defined benefit pension program - NTBS
Berdasarkan Keputusan Direksi PT Bank Pembangunan Based on the decision of the Directors of PT Bank
Daerah Nusa Tenggara Barat No.DIR.IA.3.025.1993 tanggal 1 Pembangunan Daerah Nusa Tenggara Barat
April 1993 selaku pendiri Dana Pensiun Bank Pembangunan No.DIR.IA.3.025.1993 dated April 1, 1993 as the founder of
Daerah Nusa Tenggara Barat, NTBS menyelenggarakan Pension Fund of PT Bank Pembangunan Daerah Nusa
program pensiun manfaat pasti untuk seluruh karyawan Tenggara Barat, NTBS established a defined benefit pension
tetapnya dengan jumlah kontribusi sebesar 7% (tujuh persen) plan for all of its permanent employees with a contribution of
dari penghasilan dasar pensiun merupakan kontribusi NTBS. 7% of the pensionbasic income constituting the NTBS's
Dana Pensiun Bank Pembangunan Daerah Nusa Tenggara contribution. Pension Fund of PT Bank Pembangunan Daerah
Barat ini mendapat pengesahan dari Menteri Keuangan Nusa Tenggara Barat has been approved by the Minister of
Republik Indonesia No.KEP- 288/KM.17/1994 tanggal 24 Finance of the Republic of Indonesia No.KEP288/KM.17/1994
Oktober 2004, dan dimuat dalam Tambahan Berita Negara dated October 24, 2004, andcontained in the Supplement to the
Republik Indonesia No.95 tanggal 29 November 1994. Iuran State Gazette ofthe Republic of Indonesia No.95 dated
tahunan diakui sebagai beban pensiun tahun berjalan. November 29, 1994. Annual contributions are recognized as
pension expenses for the current year.
Berdasarkan Keputusan Direksi PT Bank Pembangunan Based on the decision of the Directors of PT Bank
Daerah Nusa Tenggara Barat No.SK/01.21/60/018/2017 Pembangunan Daerah Nusa Tenggara Barat
tanggal 15 Juni 2017 tentang Peraturan dana pensiun dari No.SK/01.21/60/018/2017 dated June 15, 2017 concerning the
dana pensiun PT Bank Pembangunan Daerah Nusa Tenggara Pension Fund Regulation from the Pension Fund of PT Bank
Barat yang menyatakan kenaikan manfaat pensiun bulanan Pembangunan Daerah Nusa Tenggara Barat. Those who
yang terhitung sejak tanggal 1 Juli 2017 dan dilaksanakan declare an increase in monthly pension benefits, effective from
setelah Peraturan Dana Pensiun ini disahkan oleh Otoritas July 1, 2017 and implemented after the Pension Fund
Jasa Keuangan. Regulation is approved by the Financial Services Authority.
Program asuransi tunjangan hari tua Pension insurance plan
1) Keputusan Direksi No.KEP.079/BPD/83 tanggal 11 1) Directors’ decision No.KEP.079/BPD/83 dated November 11,
November 1983 dan perubahannya No.KEP.006/BPD/85 1983 and its amendment No.KEP.006/BPD/85 dated
tanggal 29 Januari 1985, Bank juga menyelenggarakan January 29, 1985, the Bank provides mutual aid pensions
program manfaat pasti dalam bentuk tunjangan hari tua (tunjangan hari tua) in the form of a Mutual Aid Pension
melalui Program Asuransi Tunjangan Hari Tua untuk Insurance Plan (Program Asuransi Tunjangan Hari Tua) for
seluruh karyawan melalui perjanjian kerja sama yang all employees through a cooperation agreement dated
diadakan pada tanggal 3 November 1993 dengan Asuransi November 3, 1993 with Asuransi Jiwa Bersama Bumiputera
Jiwa Bersama Bumiputera 1912, tentang Pengelolaan 1912 for insurance under a program Asuransi Dwiguna
Program Asuransi Dwiguna Standar US$. Berdasarkan Standar US$. Based on this program, at the commencement
program ini, pada saat mulai memasuki masa pensiun, of the pension period, in addition to pension allowances,
selain tunjangan pensiun, karyawan juga akan memperoleh each employee will also receive a mutual aid pension
tunjangan hari tua yang besarnya bervariasi sesuai dengan (tunjangan hari tua) based on the employee’s latest position.
jabatan terakhir dari karyawan.
Keputusan Direksi No.046/042.1/KEP/DIR/SDM tanggal 3 Directors’ decision No.046/042.1/KEP/DIR/SDM dated
Maret 2008, telah diamendemen dengan Keputusan Direksi March 3, 2008 has been amended with Director’s decision
No.048/068.1/KEP/DIR/SDM tertanggal 3 Mei 2010 yang No.048/068.1/KEP/DIR/SDM dated May 3, 2010, which
menyatakan besarnya tunjangan hari tua ditentukan sesuai stated that the pension allowance was determined based on
dengan jabatan dengan besaran dasar uang asuransi the employees position with a basic insurance value ranging
antara Rp22,5 sampai dengan Rp200. Premi asuransi from Rp22.5 to Rp200. The insurance premiums for
masing-masing peserta dibayar dimuka oleh Bank dan employees are paid in advance by the Bank and are
diamortisasi selama sisa masa kerja karyawan. amortized over the remaining years of service of employees.
Sesuai dengan Keputusan Direksi Pursuant with Director’s decision
No.050/020/ADD/SP/DIR/SDM tanggal 30 Maret 2012 No.050/020/ADD/SP/DIR/SDM dated March 30, 2012 about
terkait addendum atas perjanjian kerjasama pengelolaan added for aggrement for management insurance program
program asuransi tunjangan hari tua dengan Asuransi pension with Insurance Jiwasraya (Corporate) was
Jiwasraya bahwa disepakati adanya kenaikan uang acceptable increase premiums insurance.
asuransi dan premi.
47
Page 633
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. INFORMATION OF MATERIAL ACCOUNTING POLICIES
(continued)
ad. Program imbalan kerja (lanjutan) ad. Employee benefit plan
Program asuransi tunjangan hari tua (lanjutan) Pension insurance plan (continued)
2) Sesuai dengan persetujuan Dewan Komisaris 2) Pursuant to the Board of Commissioners’ decision
No.040/090/DK/BPD/02 tanggal 30 Desember 2002, Bank No.040/090/DK/BPD/02 dated December 30, 2002, the Bank
juga menyelenggarakan program manfaat pasti dalam also provides mutual aid pensions (tunjangan hari tua),
bentuk tunjangan hari tua melalui Program Asuransi through management of a Mutual Aid Pension Insurance
Tunjangan Hari Tua untuk seluruh karyawan melalui Plan (Program Asuransi Tunjangan Hari Tua) for all
perjanjian kerja sama yang diadakan pada tanggal 31 employees under a cooperation agreement, dated December
Desember 2002 dengan PT Asuransi Jiwasraya (Persero) 31, 2002 with PT Asuransi Jiwasraya (Persero) regarding
tentang Pengelolaan Program Asuransi Tunjangan Hari Management of a Mutual Aid Pension Insurance Plan.
Tua. Berdasarkan program ini, pada saat mulai memasuki Based on this plan, at the commencement of the pension
masa pensiun, selain tunjangan pensiun, karyawan juga period, in addition to a pension allowance, employees will
akan memperoleh tunjangan hari tua yang besarnya also receive mutual aid pensions (tunjangan hari tua) equal
disesuaikan dengan masa kerja dan jumlah gaji terakhir. to the number of years of service multiplied by the
Premi asuransi masing-masing peserta dibayar di muka employee’s latest monthly salary. The insurance premiums
oleh Bank dan diamortisasi selama sisa masa kerja for employees are paid in advance by the Bank and are
karyawan. amortized over the remaining years of service of employees.
3) Sesuai dengan persetujuan melalui Keputusan Direksi 3) Pursuant to the the approval through the Decree of the
No.KEP.061/03/29/DIR/HC/KEP tanggal 18 Juli 2022, Bank Board of Directors No.KEP.061/03/29/DIR/HC/KEP dated
juga menyelenggarakan program manfaat pasti dalam July 18, 2022, The Bank also organizes a defined benefit
bentuk tunjangan hari tua melalui Program Asuransi program in the form of pension benefits through the pension
Tunjangan Hari Tua untuk seluruh karyawan melalui Benefit Insurance Program for all employees through a
perjanjian kerja sama yang diadakan pada tanggal 13 Juni cooperation agreement held on June 13, 2022 with PT
2022 dengan PT Asuransi Jiwa Inhealth Indonesia, tentang Asuransi Jiwa Inhealth Indonesia, regarding the
Pengelolaan Program Asuransi Dwiguna. Berdasarkan Management of the endowment Insurance Program. Based
program ini, pada saat mulai memasuki masa pensiun, on this program, when entering retirement age, he dies,
meninggal dunia, mengundurkan diri degan hormat dan resigns with honor and resigns due to participating in the
mengundurkan diri karena mengikuti program pengakhiran employee service termination program.
bakti pegawai.
Program tunjangan hari tua - NTBS Pension benefits program - NTBS
Berdasarkan Keputusan Direksi PT Bank Pembangunan Based on the decision of the Directors of PT Bank
Daerah Nusa Tenggara Barat No.SK/01/12/64/89/2018 tanggal Pembangunan Daerah Nusa Tenggara Barat
24 Juli 2018, NTBS memberi tunjangan hari tua untuk No.SK/01/12/64/89/2018 dated July 24, 2018, NTBS provides
karyawan tetap yang diangkat dari bulan April 1992 dengan retirement benefits for permanent employees appointed from
jumlah kontribusi sebesar 5% (lima persen) dari penghasilan April 1992 with a total contribution of 5% of the basic pension
dasar pensiun pekerja dan atas sisa jumlah yang perlu income of workers and the remaining amount that needs to be
didanakan kepada Program Tunjangan Hari Tua merupakan paid to the Old Age Benefits Program is the NTBS's
kontribusi NTBS. Iuran tahunan diakui sebagai beban contribution. Annual contributions are recognized as current
tunjangan hari tua periode berjalan. period old age benefit expenses.
Program imbalan pasca kerja lainnya dan jangka panjang Other post employee benefits program and long-term employee
lainnya benefits program
Grup juga memberikan imbalan pasca kerja dan jangka The Group also provides post benefits program and long term
panjang lainnya, meliputi uang duka bagi pegawai yang benefit plan that includes death benefits to employees who has
meninggal dunia dan penghargaan masa kerja. passed away and gratuity.
Liabilitas dan pendanaan penghargaan masa kerja dan uang Liabilities and employees gratuity funding is calculated by an
duka dihitung aktuaris independen dengan metode projected independent actuary in projected unit credit method.
unit credit.
48
Page 634
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. INFORMATION OF MATERIAL ACCOUNTING POLICIES
(continued)
ad. Program imbalan kerja (lanjutan) ad. Employee benefit plan
Jasa produksi Bonuses
Grup juga memberikan jasa produksi tahunan kepada para The Group also provides annual bonuses for Commissioners,
Komisaris, Direksi dan karyawan dan untuk setiap tahun buku Directors and employees. These costs are recognized as
dicadangkan dan diakui sebagai beban pada tahun berjalan current year’s expenses and the amount is determined based
yang jumlahnya ditetapkan berdasarkan jumlah jasa produksi on the bonuses authorized during Shareholders’ General
yang disetujui dalam RUPS tahun-tahun sebelumnya dan Meetings (RUPS) in the prior year. Such bonuses are
kemudian diusulkan untuk disetujui/disahkan dalam RUPS subsequently proposed for approval by the Shareholders in the
yang akan datang. Jika terdapat selisih antara jumlah jasa following Shareholders’ General Meeting (RUPS). Any
produksi yang dicadangkan dengan jumlah yang disahkan oleh difference between the amount accrued and the amount
RUPS, maka selisih tersebut dibebankan/dikreditkan pada approved by the RUPS is charged/credited to consolidated
laporan laba rugi dan penghasilan komprehensif lain statement of profit or loss and other comprehensive income as
konsolidasian sebagai penambah atau pengurang cadangan an addition to or deduction of the provision for bonuses.
jasa produksi.
Program penghargaan akhir masa jabatan Dewan Komisaris End of service awards program for the Boards of
dan Direksi Commissioners and Directors
Bank memberikan penghargaan akhir masa jabatan untuk The Bank provides end of service awards program for
Komisaris dan Direksi melalui program asuransi yang Commissioners and Directors through an insurance program,
jumlahnya dihitung secara proporsional sesuai dengan masa which amount is calculated proportionally during the period of
jabatannya berdasarkan Surat Keputusan Dewan Komisaris service in accordance with a Decision Letter of the Bank’s
dan Direksi No.046/04/SK/DK/BPD/2008, tanggal 30 April 2008 Boards of Commissioners and Directors
yang mengacu pada Akta Rapat Umum Pemegang Saham No.046/04/SK/DK/BPD/2008, dated April 30, 2008 referred to
No.55, tanggal 17 April 2008 yang dibuat oleh Notaris Untung the Minutes of Shareholders’ Meeting No.55, dated April 17,
Darnosoewirjo, S.H., di Surabaya, akta RUPS No.28 tanggal 2008 prepared by Untung Darnosoewirjo, S.H., public notary in
19 Mei 2009 yang dibuat oleh Notaris Untung Darnosoewirjo, Surabaya, Minutes of Shareholders’ Meeting No.28, dated May
S.H., di Surabaya dan RUPS No.26 tanggal 14 April 2010 yang 19, 2009 prepared by Untung Darnosoewirjo, S.H., public
dibuat oleh Notaris Wachid Hasyim, S.H., di Surabaya. notary in Surabaya, and Minutes of Shareholders’ Meeting
No.26, dated April 14, 2010 prepared by Wachid Hasyim, S.H.,
public notary in Surabaya
Premi yang dibayar dibebankan pada laporan laba rugi dan Premiums paid are charged proportionally to consolidated
penghasilan komprehensif lain konsolidasian selama masa statement of profit or loss and other comprehensive income
jabatannya secara proporsional. over the service period.
ae. Biaya emisi saham ae. Shares issuance costs
Biaya-biaya yang terjadi sehubungan dengan penawaran The cost related to the public offering of shares (including pre-
saham kepada masyarakat (termasuk penerbitan hak emptive rights issue) are deducted from the proceeds and
memesan efek terlebih dahulu) dikurangkan langsung dari presented as a deduction from the “Other Paid-In Capital”
hasil emisi dan disajikan sebagai pengurang pada akun account, under equity section in the consolidated statements of
“Tambahan Modal Disetor” sebagai bagian dari ekuitas pada financial position.
laporan posisi keuangan konsolidasian.
af. Dividen af. Dividend
Pembagian dividen kepada para pemegang saham Grup diakui Dividend distribution to the Group’s shareholders is recognized
sebagai sebuah liabilitas dalam laporan keuangan as a liability in the Group consolidated financial statements in
konsolidasian Grup pada tahun ketika dividen tersebut the year in which the dividends are approved by the Group’s
disetujui oleh para pemegang saham Grup. shareholders.
ag. Provisi ag. Provisions
Provisi diakui jika Grup memiliki kewajiban kini (baik bersifat Provisions are recognized when the Group has a present
hukum maupun bersifat konstruktif) yang akibat peristiwa masa obligation (legal or constructive) where, as a result of a past
lalu, besar kemungkinannya penyelesaian kewajiban tersebut event, it is probable that an outflow of resources embodying
mengakibatkan arus keluar sumber daya yang mengandung economic benefits will be required to settle the obligation and
manfaat ekonomi dan estimasi yang andal mengenai jumlah reliable estimate can be made of the amount of obligation.
kewajiban tersebut dapat dibuat.
Provisi ditelaah pada setiap tanggal pelaporan dan Provisions are reviewed at each reporting date and adjusted to
disesuaikan untuk mencerminkan estimasi terbaik yang paling reflect the current best estimate. If it is no longer probable that
kini. Jika arus keluar sumber daya untuk menyelesaikan an outflow of resources embodying economic benefits will be
kewajiban kemungkinan besar tidak terjadi, maka provisi required to settle the obligation, the provision is reversed.
dibatalkan.
49
Page 635
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. INFORMATION OF MATERIAL ACCOUNTING POLICIES
(continued)
ah. Liabilitas dan aset kontinjensi ah. Contingent liabilities and assets
Liabilitas kontinjensi tidak diakui dalam laporan keuangan Contingent liabilities are not recognized in the consolidated
konsolidasian tetapi diungkapkan kecuali jika kemungkinan financial statements but are disclosed unless the possibility of
terjadi kecil. Aset kontinjensi tidak diakui namun diungkapkan an outflow of resources embodying economic benefits is
dalam laporan keuangan konsolidasian ketika adanya remote. Contingent assets are not recognized but are disclosed
kemungkinan untuk mendapatkan manfaat ekonomi. in the consolidated financial statement when an inflow of
economic benefits are probable.
ai. Informasi segmen ai. Segment information
Grup menentukan dan menyajikan segmen operasi The Group determines and presents operating segments based
berdasarkan informasi yang secara internal diberikan oleh on the information that is internally provided by accounting
bagian akuntansi kepada pengambil keputusan operasional. department to the operating decision maker.
Grup mengidentifikasikan segmen operasi sebagai suatu The Group defines an operating segment as a component of an
komponen dari entitas: entity:
1) yang terlibat dalam aktivitas bisnis yang mana memperoleh 1) that engages in business activities from which it may earn
pendapatan dan menimbulkan beban (termasuk revenues and incur expenses (including revenues and
pendapatan dan beban terkait dengan transaksi dengan expenses relating to transactions with other components of
komponen lain dari entitas yang sama); the same entity);
2) hasil operasinya dikaji ulang secara reguler oleh pengambil 2) whose operating results are reviewed regularly by the
keputusan operasional untuk membuat keputusan tentang entity’s chief operating decision maker to make decisions
sumber daya yang dialokasikan pada segmen tersebut dan about resources to be allocated to the segment and assess
menilai kinerjanya; dan its performance; and
3) tersedia informasi keuangan yang dapat dipisahkan. 3) for which discrete financial information is available.
Grup mengungkapkan segmen operasionalnya berdasarkan Bank discloses its operating segments based on business
segmen usaha yang meliputi perbankan konvensional dan segments that consist of banking conventional and sharia.
syariah.
aj. Peristiwa setelah periode pelaporan aj. Subsequent event
Setiap peristiwa setelah akhir tahun yang menyebabkan Any post-year-end event that provides additional information
tambahan informasi mengenai posisi keuangan Grup about the Group’s financial position (adjusting event) is
(adjusting event) akan disesuaikan dalam laporan keuangan reflected in the consolidated financial statements. Post-year-
konsolidasian. Peristiwa setelah akhir tahun yang bukan end events that are not adjusting events, if any, are disclosed
merupakan adjusting events, jika ada, akan diungkapkan when material to the financial statements.
ketika memiliki dampak material terhadap laporan keuangan.
ak. Penggunaan estimasi dan pertimbangan akuntansi ak. Use of significant accounting estimates and judgments
signifikan
Penyusunan laporan keuangan konsolidasian Grup The preparation of the Group’s consolidated financial
mengharuskan manajemen untuk membuat pertimbangan, statements requires management to make judgments,
estimasi dan asumsi yang mempengaruhi jumlah yang estimates and assumptions that affect the reported amounts of
dilaporkan dari pendapatan, beban, aset dan liabilitas, dan revenues, expenses, assets and liabilities, and the disclosure
pengungkapan atas liabilitas kontinjensi, pada akhir periode of contingent liabilities, at the end of the reporting period.
pelaporan. Ketidakpastian mengenai asumsi dan estimasi Uncertainty about these assumptions and estimates could
tersebut dapat mengakibatkan penyesuaian material terhadap result in outcomes that require a material adjustment to the
nilai tercatat aset dan liabilitas dalam periode pelaporan carrying amount of the asset and liability affected in future
berikutnya. periods.
Pertimbangan Judgments
Pertimbangan berikut ini dibuat oleh manajemen dalam rangka The following judgments are made by management in the
penerapan kebijakan akuntansi Grup yang memiliki pengaruh process of applying the Group’s accounting policies that have
paling signifikan atas jumlah yang diakui dalam laporan the most significant effects on the amounts recognized in the
keuangan konsolidasian: consolidated financial statements:
50
Page 636
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. INFORMATION OF MATERIAL ACCOUNTING POLICIES
(continued)
ak. Penggunaan estimasi dan pertimbangan akuntansi ak. Use of significant accounting estimates and judgments
signifikan (lanjutan) (continued)
Pertimbangan (lanjutan) Judgments (continued)
Kelangsungan usaha Going concern
Manajemen Grup telah melakukan penilaian atas kemampuan The Group’s management has assessed group’s ability to
Grup untuk mempertahankan kelangsungan usahanya dan continue as a going concern and believes that the Group has
berkeyakinan bahwa Grup memiliki sumber daya untuk the resources to continue its business in the future. In addition
mempertahankan usahanya di masa mendatang. Selain itu, to that, management is not aware of any material uncertainty
manajemen tidak mengetahui adanya ketidakpastian material that may cast significant doubt to the Group’s ability to continue
yang dapat menimbulkan keraguan yang signifikan terhadap as a going concern. Therefore, the consolidated financial
kemampuan Grup untuk mempertahankan usahanya. Oleh statements have been prepared on going concern basis.
karena itu, laporan keuangan konsolidasian telah disusun atas
dasar usaha yang berkelanjutan.
Klasifikasi aset dan liabilitas keuangan Classification of financial assets and liabilities
Grup menetapkan klasifikasi atas aset dan liabilitas tertentu The Group determines the classifications of certain assets and
sebagai aset keuangan dan liabilitas keuangan dengan liabilities as financial assets and financial liabilities by judging if
mempertimbangkan apakah definisi yang ditetapkan PSAK 109 they meet the definition set forth in PSAK 109. Accordingly, the
dipenuhi. Dengan demikian, aset keuangan dan liabilitas financial assets and financial liabilities are accounted for in
keuangan diakui sesuai dengan kebijakan akuntansi Grup accordance with the Group’s accounting policies disclosed in
seperti diungkapkan pada (Catatan 2e). (Note 2e).
Nilai wajar instrumen keuangan Fair value of financial instruments
Semua aset dan liabilitas dimana nilai wajar diukur atau All assets and liabilities in which fair value is measured or
diungkapkan dalam laporan keuangan konsolidasian dapat disclosed in the consolidated financial statements can be
dikategorikan pada level hierarki nilai wajar, berdasarkan classified in fair value hierarchy levels, based on the lowest
tingkatan input terendah yang signifikan atas pengukuran nilai level of input that is significant on the overall fair value
wajar secara keseluruhan: measurement:
- Level 1: harga kuotasian (tanpa penyesuaian) di pasar aktif - Level 1: quoted price (without adjustments) in active markets
untuk aset atau liabilitas yang identik yang dapat diakses for identical assets or liabilities that are accessible at the
pada tanggal pengukuran. measurement date.
- Level 2: input selain harga kuotasian yang termasuk dalam - Level 2: inputs other than quoted prices included in Level 1
level 1 yang dapat diobservasi untuk aset dan liabilitas, baik that are observable for the assets and liabilities, either
secara langsung atau tidak langsung. directly or indirectly.
- Level 3: input yang tidak dapat diobservasi untuk aset dan - Level 3: unobservable inputs for the asset and liability.
liabilitas.
Klasifikasi investasi pada biaya perolehan diamortisasi Classification to amortized cost investments
Surat berharga dengan klasifikasi pada biaya perolehan The classification under amortized cost securities requires
diamortisasi membutuhkan judgment yang signifikan. Dalam significant judgment. In making this judgment, the Group
membuat judgment ini, Grup mengevaluasi model bisnis dan evaluates its business model and the contractual termsof
persyaratan kontraktual dari aset keuangan yang pada tanggal thefinancial asset give rise on specified dates to cash flows that
tertentu meningkatkan arus kas yang semata dari pembayaran are solely payments of principal and interest.
pokok dan bunga.
Aset keuangan yang tidak memiliki harga pasar Financial assets not quoted in an active market
Grup mengklasifikasikan aset keuangan dengan The Group classifies financial assets by evaluating, among
mengevaluasi, antara lain, apakah aset tersebut dikuotasi atau others, whether the asset is quoted or not in an active market.
tidak di pasar aktif. Termasuk dalam evaluasi adalah apakah Included in the evaluation on whether a financial asset is
aset keuangan yang dikuotasi di pasar aktif tersebut ditentukan quoted in an active market is the determination on whether
berdasarkan apakah harga kuotasi tersedia secara rutin, dan quoted prices are readily and regularly available, and whether
apakah harga tersebut mencerminkan harga aktual yang those prices represent actual and regulary occurring market
secara teratur terjadi transaksi pasar secara wajar. transactions on an arm’s length basis.
51
Page 637
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. INFORMATION OF MATERIAL ACCOUNTING POLICIES
(continued)
ak. Penggunaan estimasi dan pertimbangan akuntansi ak. Use of significant accounting estimates and judgments
signifikan (lanjutan) (continued)
Kontinjensi Contingencies
Grup saat ini terlibat dalam beberapa kasus hukum. Estimasi The Group is currently involved in various legal proceedings.
atas biaya yang mungkin terjadi atas penyelesaian tuntutan- The estimate of the probable costs for the resolution of these
tuntutan tersebut sudah dikonsultasikan dengan penasihat dari claims has been developed in consultation with outside counsel
luar yang menangani pembelaan Grup dalam hal-hal tersebut handling the Group’s defense on these matters and is based
dan berdasarkan analisa dari hasil yang mungkin terjadi. Grup upon an analysis of the potential results. The Group currently
saat ini tidak yakin kalau kasus-kasus ini akan memiliki efek does not believe that these proceedings will have a material
kerugian yang material pada laporan keuangan konsolidasian. adverse effect on the consolidated financial statements. It is
Bagaimanapun, ada kemungkinan dari hasil-hasil operasi di possible, however, that future results of operations could be
masa akan datang akan terpengaruh secara material oleh materially affected by changes in the estimates or in the
perubahan dari perkiraan-perkiraan atau dalam keefektifan dari effectiveness of the strategies relating to the proceedings.
strategi yang berhubungan dengan kasus-kasus tersebut.
Penilaian mata uang fungsional Assessment of functional currency
Manajemen telah melakukan pertimbangan untuk menentukan The management has considered to use its judgment to
mata uang fungsional yang paling mewakili dampak ekonomi determine the entity’s functional currency such that it most
dari suatu transaksi, kejadian dan kondisi-kondisi yang relevan faithfully represents the economic effects of the underlaying
terhadap entitas. Dalam membuat pertimbangan tersebut, transactions, events and conditions that are relevant to the
Grup telah mempertimbangkan hal-hal sebagai berikut: entity. In making this judgment, the Group has considered the
following:
- mata uang yang mempengaruhi harga jual atas instrumen - the currency that mainly influences sales prices for financial
keuangan dan jasa-jasa lainnya (biasanya dari mata uang instruments and services (this will often be the currency in
atas harga jual instrumen keuangan dan jasa-jasa yang which sales prices for its financial instruments and services
telah diselesaikan); are denominated and settled);
- mata uang atas dana yang dihasilkan dari aktivitas - the currency in which funds from financing activities are
pendanaan; dan generated; and
- mata uang atas yang biasa diterima dari aktivitas operasi. - the currency in which funds from operating are usually
retained.
Estimasi dan asumsi Estimates and assumptions
Asumsi utama masa depan dan sumber utama estimasi The key assumptions concerning the future and other key
ketidakpastian lain pada tanggal pelaporan yang memiliki risiko sources of estimation uncertainty at the reporting date that have
signifikan yang dapat menimbulkan penyesuaian yang material a significant risk of causing a material adjustment to the
terhadap nilai tercatat aset dan liabilitas untuk tahun keuangan carrying amounts of assets and liabilities within the next
berikutnya, diungkapkan di bawah ini. Grup mendasarkan financial year are disclosed below. The Group based its
asumsi dan estimasinya pada parameter yang tersedia pada assumptions and estimates on parameters available when the
saat laporan keuangan konsolidasian disusun. Situasi yang financial statements were prepared. Existing circumstances and
ada dan asumsi perkembangan masa depan, dapat berubah assumptions about future developments, may change due to
akibat perubahan pasar atau situasi yang berada di luar market changes or circumstances arising beyond the control of
kendali Grup. Perubahan-perubahan tersebut dicerminkan di the Group. Such changes are reflected in the assumptions as
dalam asumsi-asumsi terkait pada saat terjadinya. they occur.
Aset pajak tangguhan Deferred tax assets
Aset pajak tangguhan diakui atas jumlah pajak penghasilan Deferred tax assets are recognized for the future recoverable
terpulihkan (recoverable) pada periode mendatang sebagai taxable income arising from temporary difference.
akibat perbedaan temporer yang boleh dikurangkan. Justifikasi Management’s judgement is required to determine the amount
manajemen diperlukan untuk menentukan jumlah aset pajak of deferred tax assets that can be recognized, based upon the
tangguhan yang dapat diakui, sesuai dengan waktu yang tepat likely timing on level of future taxable profits together with future
dan tingkat laba fiskal di masa mendatang sejalan dengan tax planning strategics (Note 25g).
strategi rencana perpajakan ke depan (Catatan 25g).
Pensiun Pension
Program-program pensiun ditentukan berdasarkan perhitungan Pension programs are determined based on actuarial valuation.
aktuaria. Perhitungan aktuaria menggunakan asumsi-asumsi The actuarial valuation involves assumptions such as discount
seperti tingkat diskonto, tingkat pengembalian investasi, rate expected rate of returns on investments, future salary
tingkat kenaikan gaji, tingkat kematian, tingkat pengunduran increase, mortality rate, resignation rates and others (Note 44).
diri dan lain-lain (Catatan 44).
52
Page 638
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. INFORMATION OF MATERIAL ACCOUNTING POLICIES
(continued)
ak. Penggunaan estimasi dan pertimbangan akuntansi ak. Use of significant accounting estimates and judgments
signifikan (lanjutan) (continued)
Estimasi dan asumsi (lanjutan) Estimates and assumptions (continued)
Penurunan nilai surat berharga pada biaya perolehan Impairment of amortized cost marketable securities
Grup mereviu surat berharga yang diklasifikasikan pada biaya The Group reviews marketable securities classified amortized
perolehan diamortisasi pada setiap tanggal posisi keuangan cost at each financial position date to assess whether there is
untuk menilai apakah telah terjadi penurunan nilai. an impairment in value.
Dalam menentukan pertimbangan, Grup mengevaluasi In making this judgment, the Group evaluates, among others
diantaranya faktor, pergerakan harga pasar historis dan jangka factors, historical market price movements and duration and the
waktu serta lama perpanjangan di mana nilai wajar dari extent to which the fair value of the investment is less than the
investasi kurang dari biayanya (Catatan 8 dan 49e). cost (Note 8 and 49e).
Penurunan nilai atas aset tidak produktif Impairment of non-productive assets
Grup melakukan penilaian atas penurunan nilai pada aset non- Group assesses impairment on non productive assets
finansial kapan saja terdapat peristiwa atau perubahan whenever events or changes in circumstances indicate that the
keadaan yang mengindikasikan bahwa nilai tercatat pada carrying amount of an asset may not be recoverable. The
suatu aset mungkin tidak dapat diperoleh kembali. Faktor- factors that the Group considers important which could trigger
faktor yang dianggap penting oleh Grup yang dapat memicu an impairment review include the followings: (Note 49e)
adanya ulasan atas penurunan nilai termasuk sebagai berikut:
(Catatan 49e)
1) Kinerja di bawah rata-rata yang signifikan yang relatif 1) Significant underperfomance relative to expected historical
terhadap hasil historis atau proyeksi hasil operasi yang or projected future operating results;
diharapkan; di masa yang akan datang;
2) Perubahan yang signifikan dari cara penggunaan aset yang 2) Significant changes in the manner of use of the acquired
diperoleh atau strategi untuk bisnis secara keseluruhan; dan assets or the strategy for overall business; and
3) Tren negatif industri dan ekonomi yang signifikan. 3) Significant negative industry or economic trends.
Pengukuran penyisihan kerugian kredit ekspektasian (ECL) Measurement of expected credit loss (ECL) allowance
Pengukuran penyisihan kerugian kredit ekspektasian untuk The measurement of the expected credit loss allowance for
aset keuangan yang diukur dengan biaya perolehan financial assets measured at amortized cost and FVOCI is an
diamortisasi dan FVOCI adalah area yang memerlukan area that requires the use of complex models and significant
penggunaan model yang kompleks dan asumsi signifikan assumptions about future economic conditions and credit
tentang kondisi ekonomi dan perilaku kredit di masa depan behaviour (e.g. the likelihood of customers defaulting and the
(misalnya kemungkinan pelanggan gagal bayar dan kerugian resulting losses). Explanation of the inputs, assumptions and
yang timbul). Penjelasan tentang input, asumsi dan teknik estimation techniques used in measuring ECL is further
estimasi yang digunakan dalam mengukur ECL dirinci lebih detailed in (Note 2o), which also sets out key sensitivities of the
lanjut di (Catatan 2o), yang juga menetapkan sensitivitas kunci ECL to changes in these elements.
ECL terhadap perubahan elemen-elemen ini.
Sejumlah pertimbangan signifikan juga diperlukan dalam A number of significant judgements are also required in
menerapkan persyaratan akuntansi untuk mengukur ECL, applying the accounting requirements for measuring ECL, such
seperti: as:
- Menentukan kriteria untuk peningkatan risiko kredit yang - Determining criteria for significant increase in credit risk;
signifikan;
- Memilih model dan asumsi yang tepat untuk pengukuran - Choosing appropriate models and assumptions for the
ECL; measurement of ECL;
- Menetapkan jumlah dan bobot relatif dari skenario forward- - Establishing the number and relative weightings of forward-
looking untuk setiap jenis produk/pasar dan ECL terkait; dan looking scenarios for each type of product/market and the
associated ECL; and
- Membentuk kelompok aset keuangan serupa untuk - Establishing Banks of similar financial assets for the
keperluan pengukuran ECL. purposes of measuring ECL.
Estimasi ini didasarkan pada asumsi-asumsi tentang sejumlah These estimates are based on assumptions about a number of
faktor dan hasil aktual mungkin berbeda, yang tercermin dalam factors and actual results may differ, as reflected in changes in
perubahan penyisihan ECL tersebut di masa mendatang the ECL allowance in the future (Note 49e).
(Catatan 49e).
Penyusutan dan estimasi masa manfaat dari aset tetap Depreciation and estimated useful lives of fixed assets
Biaya perolehan aset tetap disusutkan dengan menggunakan The costs of fixed asset are depreciated on a straight-line
metode garis lurus untuk bangunan dan metode saldo method for buildings and on a double declining balance method
menurun ganda untuk selain bangunan berdasarkan taksiran for other than buildings over their estimated useful lives. The
masa manfaat ekonomisnya. Manajemen Grup mengestimasi Group’s management estimates the useful lives of these fixed
masa manfaat ekonomis aset tetap antara 4 sampai dengan 20 assets to be within 4 to 20 years.
tahun.
53
Page 639
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL (lanjutan) 2. INFORMATION OF MATERIAL ACCOUNTING POLICIES
(continued)
ak. Penggunaan estimasi dan pertimbangan akuntansi ak. Use of significant accounting estimates and judgments
signifikan (lanjutan) (continued)
Estimasi dan asumsi (lanjutan) Estimates and assumptions (continued)
Penyusutan dan estimasi masa manfaat dari aset tetap Depreciation and estimated useful lives of fixed assets
Perubahan tingkat pemakaian dan perkembangan teknologi Changes in the expected level of the usage and technological
dapat mempengaruhi masa manfaat ekonomis dan nilai sisa development could impact the economic useful lives and the
aset, dan karenanya biaya penyusutan masa depan mungkin residual values of the assets, and thefore future depreciation
direvisi (Catatan 16). changes could be revised (Note 16).
3. KAS 3. CASH
2024 2023
Jumlah nosional
Jumlah nosional mata uang asing/
mata uang asing/ Notional amount
Notional amount foreign
foreign Ekuivalen currencies Ekuivalen
currencies (Dalam Rupiah/ (Dalam angka Rupiah/
angka penuh/ Rupiah penuh/ Rupiah
In full amount ) equivalent In full amount ) equivalent
Rupiah 2.821.897 2.593.983 Rupiah
Mata uang asing Foreign currencies
Dolar Amerika Serikat 880.792 14.295 1.731.887 26.668 United States Dollar
Riyal Saudi Arabia 3.431.060 14.699 3.759.449 15.436 Saudi Arabian Riyal
Dolar Singapura 587.627 6.841 663.426 7.746 Singapore Dollar
Ringgit Malaysia 808.422 2.909 591.322 1.984 Malaysian Ringgit
Euro Eropa 165.050 2.766 182.730 3.113 European Euro
Dolar Australia 134.285 1.345 134.405 1.414 Australian Dollar
Poundsterling Inggris Raya 57.745 1.168 57.475 1.128 Great Britain Poundsterling
Yen Jepang 8.207.000 846 5.606.000 610 Japanese Yen
Dolar Hong Kong 227.120 471 186.580 368 Hong Kong Dollar
Yuan China Renminbi 110.324 242 150.105 325 Chinese Yuan Renminbi
Jumlah mata uang asing 45.582 58.792 Total foreign currencies
Jumlah kas 2.867.479 2.652.775 Total cash
Kas dalam Rupiah pada tanggal 31 Desember 2024 dan 2023, Cash in Rupiah as of December 31, 2024 and 2023, includes funds
masing-masing termasuk uang pada mesin Anjungan Tunai at Automatic Teller Machines (ATM) and Cash Recycle Machine
Mandiri (ATM) dan Cash Recycle Machine (CRM) sejumlah (CRM) amounting to Rp457,966 and Rp300,802, respectively.
Rp457.966 dan Rp300.802.
4. GIRO PADA BANK INDONESIA 4. CURRENT ACCOUNTS WITH BANK INDONESIA
2024 2023
Jumlah nosional
Jumlah nosional mata uang asing/
mata uang asing/ Notional amount
Notional amount foreign
foreign Ekuivalen currencies Ekuivalen
currencies (Dalam Rupiah/ (Dalam angka Rupiah/
angka penuh/ Rupiah penuh/ Rupiah
In full amount ) equivalent In full amount ) equivalent
Rupiah 5.551.957 7.940.618 Rupiah
Dolar Amerika Serikat 2.000.000 32.190 2.000.000 30.794 United States Dollar
Jumlah 5.584.147 7.971.412 Total
Dalam giro pada Bank Indonesia termasuk giro yang didasarkan Current accounts with Bank Indonesia include current accounts
pada prinsip perbankan syariah sebesar Rp738.890 dan based on sharia banking principles amounting to Rp738,890 and
Rp188.268 masing-masing pada tanggal 31 Desember 2024 dan Rp188,268 as of December 31, 2024 and 2023, respectively.
2023.
Giro Wajib Minimum (GWM) Bank sesuai dengan Peraturan Bank Minimum Statutory Reserves (GWM) Bank in accordance with Bank
Indonesia dan Peraturan Anggota Dewan Gubernur (PADG) Indonesia (BI) Regulation Regulation of Members of The Board of
diungkapkan pada Catatan 63a. Governors (PADG) are disclosed in Note 63a.
54
Page 640
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
5. GIRO PADA BANK LAIN 5. CURRENT ACCOUNTS WITH OTHER BANKS
a. Berdasarkan bank a. By bank
2024 2023
Rupiah Rupiah
PT Bank Rakyat Indonesia (Persero) Tbk 337.388 248.110 PT Bank Rakyat Indonesia (Persero) Tbk
PT Bank Central Asia Tbk 73.275 74.098 PT Bank Central Asia Tbk
PT Bank CIMB Niaga Tbk 17.699 10.873 PT Bank CIMB Niaga Tbk
PT Bank Mandiri (Persero) Tbk 4.612 2.990 PT Bank Mandiri (Persero) Tbk
PT Bank Negara Indonesia (Persero) Tbk 488 417 PT Bank Negara Indonesia (Persero) Tbk
PT Bank Syariah Indonesia Tbk 236 - PT Bank Syariah Indonesia Tbk
433.698 336.488
Mata uang asing Foreign currencies
PT Bank Central Asia Tbk 31.356 54.323 PT Bank Central Asia Tbk
PT Bank Negara Indonesia (Persero) Tbk 21.746 18.428 PT Bank Negara Indonesia (Persero) Tbk
DBS Singapore Ltd 11.744 64.172 DBS Singapore Ltd
PT Bank Mandiri (Persero) Tbk 4.865 7.584 PT Bank Mandiri (Persero) Tbk
PT Bank Rakyat Indonesia (Persero) Tbk 863 5.987 PT Bank Rakyat Indonesia (Persero) Tbk
PT Bank ICBC Indonesia 812 4.348 PT Bank ICBC Indonesia
71.386 154.842
Jumlah 505.084 491.330 Total
Cadangan kerugian penurunan nilai (277) (1.077) Allowance for impairment losses
Jumlah - bersih 504.807 490.253 Total - net
Pada tanggal 31 Desember 2024 dan 2023, giro pada bank lain As of December 31, 2024 and 2023, current accounts with other
termasuk giro yang ditempatkan oleh unit usaha syariah masing- banks include current accounts sharia business unit amounting
masing sebesar Rp563 dan Rp209. to Rp563 and Rp209, respectively.
b. Berdasarkan mata uang b. By currency
2024 2023
Jumlah nosional Jumlah nosional
mata uang asing/ mata uang asing/
Notional amount Notional amount
foreign currencies Ekuivalen foreign currencies Ekuivalen
(Dalam angka Rupiah/ (Dalam angka Rupiah/
penuh/ Rupiah penuh/ Rupiah
In full amount ) equivalent In full amount ) equivalent
Rupiah 433.698 336.488 Rupiah
Mata uang asing Foreign currencies
Dolar Amerika Serikat 3.302.339 53.151 5.074.571 78.132 United States Dollar
Dolar Singapura 991.526 11.744 5.495.878 64.172 Singapore Dollar
Euro Eropa 119.540 2.003 182.202 3.104 European Euro
Dolar Australia 193.798 1.941 335.609 3.531 Australian Dollar
Yuan China Renminbi 368.389 812 2.003.450 4.348 Chinese Yuan Renminbi
Poundsterling Inggris Raya 374.511 757 56.643 1.112 Great Britain Poundsterling
Yen Jepang 5.552.857 572 521.168 57 Japanese Yen
Dolar Hong Kong 195.690 406 195.940 386 Hong Kong Dollar
Jumlah mata uang asing 71.386 154.842 Total foreign currencies
Cadangan kerugian penurunan nilai (277) (1.077) Allowance for impairment losses
Neto 504.807 490.253 Net
c. Tingkat suku bunga per tahun c. Interest rates per annum
2024 2023
Rupiah 0,07% 0,10% Rupiah
Mata uang asing 0,02% 0,89% Foreign currencies
55
Page 641
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
5. GIRO PADA BANK LAIN (lanjutan) 5. CURRENT ACCOUNTS WITH OTHER BANKS (continued)
d. Berdasarkan hubungan d. By relationship
Pada tanggal 31 Desember 2024 dan 2023, tidak ada giro pada As of December 31, 2024 and 2023, no current accounts in
bank lain pada pihak berelasi. related parties.
e. Berdasarkan kolektibilitas e. By collectability
Kolektibilitas giro pada bank lain sesuai Peraturan OJK Collectibility current accounts with other banks in accordance
diungkapkan pada Catatan 63b. with Financial Service Authority Rule are disclosed in Note 63b.
f. Nilai tercatat f. Carrying amount
2024
Tahap 1/ Tahap 2/ Tahap 3/ Jumlah/
Stage 1 Stage 2 Stage 3 Total
Rupiah 433.698 - - 433.698 Rupiah
Mata uang asing 71.386 - - 71.386 Foreign currencies
Jumlah 505.084 - - 505.084 Total
Cadangan kerugian penurunan nilai (277) - - (277) Allowance for impairment losses
Neto 504.807 - - 504.807 Net
2023
Tahap 1/ Tahap 2/ Tahap 3/ Jumlah/
Stage 1 Stage 2 Stage 3 Total
Rupiah 336.488 - - 336.488 Rupiah
Mata uang asing 154.842 - - 154.842 Foreign currencies
Jumlah 491.330 - - 491.330 Total
Cadangan kerugian penurunan nilai (1.077) - - (1.077) Allowance for impairment losses
Neto 490.253 - - 490.253 Net
g. Cadangan kerugian penurunan nilai g. Allowance for impairment losses
2024
Tahap 1/ Tahap 2/ Tahap 3/ Jumlah/
Stage 1 Stage 2 Stage 3 Total
Saldo awal tahun 1.077 - - 1.077 Balance at beginning of year
Pemulihan tahun berjalan (800) - - (800) Recovery during the year
Saldo akhir tahun 277 - - 277 Balance at end of year
2023
Tahap 1/ Tahap 2/ Tahap 3/ Jumlah/
Stage 1 Stage 2 Stage 3 Total
Saldo awal tahun 441 - - 441 Balance at beginning of year
Penyisihan tahun berjalan 636 - - 636 Provision during the year
Saldo akhir tahun 1.077 - - 1.077 Balance at end of year
Manajemen berpendapat bahwa jumlah penyisihan kerugian Management believes that the allowance for impairment losses
penurunan nilai yang dibentuk telah memadai untuk menutup is adequate to cover the possible losses of uncollectible current
kemungkinan terjadinya kerugian atas tidak tertagihnya giro account with other banks.
pada bank lain.
Informasi mengenai klasifikasi aset keuangan yang mengalami Information with respect to classification of impaired and not
penurunan nilai dan tidak mengalami penurunan nilai berikut impaired financial assets also information about the staging of
dengan informasi staging cadangan kerugian penurunan nilai current account with other banks are disclosed in Note 49e.
giro pada bank lain diungkapkan pada Catatan 49e.
56
Page 642
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
6. PENEMPATAN PADA BANK INDONESIA DAN BANK LAIN 6. PLACEMENTS WITH BANK INDONESIA AND OTHER BANKS
a. Berdasarkan jenis dan jangka waktu a. By type and maturity
2024
< 1 bulan/ > 1-3 bulan/ > 3-6 bulan/
> 3-6 > 6-12 bulan/ > 12 bulan/ Jumlah
< 1 month > 1-3 months months > 6-12 months > 12 months Total
Deposit facility Deposit facility
Rupiah 665.000 - - - - 665.000 Rupiah
Interbank call money Interbank call money
Rupiah 550.000 - - - - 550.000 Rupiah
Mata uang asing 418.470 - - - - 418.470 Foreign currencies
Jumlah 1.633.470 - - - - 1.633.470 Total
Cadangan kerugian Allowance
penurunan nilai (1.278) - - - (1.278) for impairment losses
Neto 1.632.192 - - - - 1.632.192 Net
2023
< 1 bulan/ > 1-3 bulan/ > 3-6 bulan/
> 3-6 > 6-12 bulan/ > 12 bulan/ Jumlah
< 1 month > 1-3 months months > 6-12 months > 12 months Total
Deposit facility Deposit facility
Rupiah - 1.150.000 - - - 1.150.000 Rupiah
Interbank call money Interbank call money
Rupiah - 3.914.000 - - - 3.914.000 Rupiah
Mata uang asing - 169.367 - - - 169.367 Foreign currencies
Deposito berjangka Time deposits
Rupiah - - 1.500 - - 1.500 Rupiah
Jumlah - 5.233.367 1.500 - - 5.234.867 Total
Dikurangi: Less:
Diskonto yang
belum diamortisasi - (146) - - - (146) Unamortized Interest
Jumlah - 5.233.221 1.500 - - 5.234.721 Total
Cadangan kerugian Allowance
penurunan nilai - (5.021) (5) - - (5.026) for impairment losses
Jumlah - bersih - 5.228.200 (5) - - 5.229.695 Total - net
Pada tanggal 31 Desember 2024 dan 2023, dalam penempatan As of December 31, 2024 and 2023, placements with Bank
pada Bank Indonesia dan bank lain termasuk penempatan yang Indonesia and other banks include placements of sharia
ditempatkan oleh unit usaha syariah masing-masing sebesar business unit amounting to Rp665,000 and Rp150,209
Rp665.000 dan Rp150.209. respectively.
Pada tanggal 31 Desember 2024 dan 2023, tidak memiliki As of December 31, 2024 and 2023, no funds placed with related
penempatan pada pihak berelasi. parties.
b. Berdasarkan kolektibilitas b. By collectability
Kolektibilitas penempatan pada Bank Indonesia dan bank lain Collectibility placements with Bank Indonesia and other banks in
sesuai Peraturan OJK diungkapkan pada Catatan 63c. accordance with Financial Service Authority Rule are disclosed
in Note 63c.
c. Tingkat suku bunga per tahun c. Interest rates per annum
2024 2023
Rupiah Rupiah
Interbank call money 6,25% 5,92% Interbank call money
Deposit facility 5,34% 5,10% Deposit facility
Deposito berjangka 6,37% 6,02% Time deposit
Mata uang asing Foreign currencies
Term deposit 5,16% 5,29% Term deposit
Interbank call money 5,25% 5,17% Interbank call money
57
Page 643
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
6. PENEMPATAN PADA BANK INDONESIA DAN BANK LAIN 6. PLACEMENTS WITH BANK INDONESIA AND OTHER BANKS
(lanjutan) (continued)
d. Nilai tercatat d. Carrying amount
2024
Tahap 1/ Tahap 2/ Tahap 3/ Jumlah/
Stage 1 Stage 2 Stage 3 Total
Penempatan pada Bank Indonesia 665.000 - - 665.000 Placements with Bank Indonesia
Interbank call money 968.470 - - 968.470 Interbank call money
Jumlah 1.633.470 - - 1.633.470 Total
Cadangan kerugian penurunan nilai (1.278) - - (1.278) Allowance for impairment losses
Neto 1.632.192 - - 1.632.192 Net
2023
Tahap 1/ Tahap 2/ Tahap 3/ Jumlah/
Stage 1 Stage 2 Stage 3 Total
Penempatan pada Bank Indonesia 1.149.854 - - 1.149.854 Placements with Bank Indonesia
Interbank call money 4.083.367 - - 4.083.367 Interbank call money
Deposito berjangka 1.500 - - 1.500 Time deposits
Jumlah 5.234.721 - - 5.234.721 Total
Cadangan kerugian penurunan nilai (5.026) - - (5.026) Allowance for impairment losses
Neto 5.229.695 - - 5.229.695 Net
e. Cadangan kerugian penurunan nilai e. Allowance for impairment losses
2024
Tahap 1/ Tahap 2/ Tahap 3/ Jumlah/
Stage 1 Stage 2 Stage 3 Total
Saldo awal tahun 5.026 - - 5.026 Balance at beginning of year
Pemulihan tahun berjalan (3.748) - - (3.748) Recovery during the year
Saldo akhir tahun 1.278 - - 1.278 Balance at end of year
2023
Tahap 1/ Tahap 2/ Tahap 3/ Jumlah/
Stage 1 Stage 2 Stage 3 Total
Saldo awal tahun 3.154 - - 3.154 Balance at beginning of year
Penyisihan tahun berjalan 1.872 - - 1.872 Provision during the year
Saldo akhir tahun 5.026 - - 5.026 Balance at end of year
Manajemen berpendapat bahwa jumlah penyisihan kerugian Management believes that the allowance for impairment losses
penurunan nilai yang dibentuk telah memadai untuk menutup is adequate to cover the possible losses of uncollectible
kemungkinan terjadinya kerugian atas tidak tertagihnya placements with Bank Indonesia and other banks.
penempatan pada Bank Indonesia dan bank lain.
Informasi mengenai klasifikasi aset keuangan yang mengalami Information with respect to classification of impaired and not
penurunan nilai dan tidak mengalami penurunan nilai berikut impaired financial assets also information about the staging of
dengan informasi staging cadangan kerugian penurunan nilai placements with Bank Indonesia and other banks are disclosed
penempatan pada Bank Indonesia dan bank lain diungkapkan in Note 49e.
pada Catatan 49e.
f. Penempatan pada bank lain yang digunakan sebagai f. Placements with other banks pledged as collateral
jaminan
Tidak terdapat penempatan pada bank lain yang digunakan There were no placements with other banks pledged as
sebagai jaminan pada tanggal 31 Desember 2024 dan 2023. collateral as of December 31, 2024 and 2023.
58
Page 644
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
7. TAGIHAN SPOT DAN DERIVATIF 7. SPOT AND DERIVATIVE RECEIVABLES
2024
Jumlah nosional mata uang Nilai wajar/ Fair values
Jenis valuta/ asing/ Notional amount Tagihan Liabilitas
Instrumen Currency foreign currencies (dalam derivatif/ derivatif/ Instruments
angka penuh/in full Derivative Derivative
amount) receivables payable
Terkait nilai tukar Exchange rate related
Kotrak swap jual - beli USD 10.000.000 1.144 - Swap contract - sell
Tidak terdapat tagihan spot dan derivatif pada tanggal 31 There is no spot and derivative receivables as of December 31,
Desember 2023. 2023.
8. SURAT-SURAT BERHARGA 8. MARKETABLE SECURITIES
a. Berdasarkan jenis dan mata uang a. By type and currency
2024 2023
Nilai nominal/ Nilai tercatat/ Nilai nominal/ Nilai tercatat/
Nominal Carrying Nominal Carrying
value value value value
Rupiah: Rupiah:
Biaya perolehan dimortisasi Amortised cost
Surat Utang Negara 3.193.803 3.233.488 4.642.487 4.706.640 Government bonds
Obligasi 2.088.471 2.092.633 2.024.021 2.029.203 Bonds
Surat Berharga Syariah Negara 2.192.244 2.189.756 142.000 141.406 Government sharia securities
Sekuritas Rupiah Bank Indonesia 1.550.000 1.538.043 603.488 592.400 Bank Indonesia Rupiah Securities
Sukuk Bank Indonesia 1.501.132 1.501.132 450.000 450.000 Sukuk of Bank Indonesia
Sertifikat Investasi Interbank Mudharabah
Mudharabah Antarbank (SIMA) 950.000 950.000 450.000 450.000 Investment Certificate (SIMA)
Sertifikat Pengelolaan Dana Certificate of Fund Management
Berdasarkan Prinsip Syariah Based on Interbank
Antarbank (SIPA) 645.000 645.000 - - Sharia Principles (SIPA)
Reksadana 190.000 190.000 90.000 90.000 Mutual fund
Sukuk Korporasi 133.000 133.000 60.000 60.097 Sukuk of Corporation
Surat kredit
berdokumen dalam negeri 12.999 12.999 12.913 12.913 Domestic L/C
Negotiable Certificate of Deposit - - 30.000 28.500 Negotiable Certificate of Deposit
Jumlah 12.456.649 12.486.051 8.504.909 8.561.159 Total
Mata uang asing: Foreign currencies:
Wesel - - 112 112 Bill
Jumlah 12.456.649 12.486.051 8.505.021 8.561.271 Total
Penyisihan kerugian penurunan nilai - (3.052) - (511) Allowance for impairment losses
Jumlah Total
12.456.649 12.482.999 8.505.021 8.560.760
biaya perolehan diamortisasi Total amortized cost
Rupiah: Rupiah:
Nilai wajar melalui penghasilan Fair value through other
komprehensif lain comprehensive income
Surat Utang Negara 4.944.372 4.932.030 7.727.329 7.762.560 Government bonds
Sekuritas Rupiah Bank Indonesia 2.940.315 2.852.641 - - Bank Indonesia Rupiah Securities
Surat Berharga Syariah Negara 100.000 96.822 - - Government sharia securities
Jumlah 7.984.687 7.881.493 7.727.329 7.762.560 Total
Penyisihan kerugian penurunan nilai - - - - Allowance for impairment losses
Jumlah nilai wajar melalui Total fair value
7.984.687 7.881.493 7.727.329 7.762.560
penghasilan komprehensif lain through other comprehensive income
Jumlah surat berharga 20.441.336 20.364.492 16.232.350 16.323.320 Total marketable securities
Pada tanggal 31 Desember 2024 dan 2023, tidak terdapat surat As of December 31, 2024 and 2023, there were no marketable
berharga pada pihak berelasi. securities transactions with related parties.
59
Page 645
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
8. SURAT-SURAT BERHARGA (lanjutan) 8. MARKETABLE SECURITIES (continued)
b. Berdasarkan penerbit b. By issuers
2024 2023
Pemerintah Republik Indonesia 10.452.096 12.610.606 Government of the Republic of Indonesia
Bank Indonesia 5.891.816 1.042.400 Bank Indonesia
Perbankan 2.120.367 975.487 Banking
Korporasi 1.903.265 1.695.338 Corporate
20.367.544 16.323.831
Penyisihan kerugian penurunan nilai (3.052) (511) Allowance for impairment losses
Jumlah 20.364.492 16.323.320 Total
c. Berdasarkan peringkat c. By rating
2024
Pemeringkat/ Peringkat/ Nilai tercatat/
Agencies Rating Carrying value
Rupiah: Rupiah:
Surat Utang Negara - - 10.452.096 Goverment Bonds
Bank Indonesia - - 5.891.816 Certificates of Bank Indonesia
PT Bank Muamalat Indonesia Tbk Pefindo idA+ 400.000 PT Bank Muamalat Indonesia Tbk
PT Permodalan Nasional Madani (Persero) Pefindo idAA+ 329.739 PT Permodalan Nasional Madani (Persero)
PT Bank Syariah Indonesia Tbk Pefindo idAAA(sy) 212.000 PT Bank Syariah Indonesia Tbk
PT Bank Rakyat Indonesia (Persero) Tbk Pefindo idAAA 210.947 PT Bank Rakyat Indonesia (Persero) Tbk
PT Pupuk Indonesia (Persero) Pefindo idAAA 207.019 PT Pupuk Indonesia (Persero)
PT Bank Mega Syariah Pefindo idAA- 200.000 PT Bank Mega Syariah
PT Bank Aceh Syariah Pefindo idA+ 200.000 PT Bank Aceh Syariah
PT Sarana Multigriya Finansial (Persero) Pefindo idAAA 177.037 PT Sarana Multigriya Finansial (Persero)
PT Astra Sedaya Finance Fitch Indonesia AAA(idn) 174.991 PT Astra Sedaya Finance
PT Pegadaian (Persero) Pefindo idAAA 164.000 PT Pegadaian (Persero)
PT Bank Pembangunan Daerah PT Bank Pembangunan Daerah
Kalimantan Timur dan Kalimantan Utara Pefindo idA 150.000 Kalimantan Timur dan Kalimantan Utara
PT Bank Mandiri (Persero) Tbk Pefindo idAAA 122.313 PT Bank Mandiri (Persero) Tbk
PT Semen Indonesia (Persero) Tbk Pefindo idAAA 120.874 PT Semen Indonesia (Persero) Tbk
PT Kereta Api Indonesia (Persero) Pefindo idAAA 115.485 PT Kereta Api Indonesia (Persero)
PT Bank Pembangunan Daerah PT Bank Pembangunan Daerah
Sulawesi Selatan dan Sulawesi Barat Pefindo idA+ 100.000 Sulawesi Selatan dan Sulawesi Barat
PT Bank Pembangunan Daerah PT Bank Pembangunan Daerah
Sumatera Selatan dan Bangka Belitung Pefindo idA+ 100.000 Sumatera Selatan dan Bangka Belitung
PT Bank Jabar Banten Syariah Pefindo idAA 100.000 PT Bank Jabar Banten Syariah
PT Bank Pembangunan Daerah PT Bank Pembangunan Daerah
Jawa Tengah Pefindo idAA- 100.000 Jawa Tengah
PT Mandiri Tunas Finance Pefindo idAAA 92.907 PT Mandiri Tunas Finance
PT XL Axiata Tbk Fitch Indonesia AAA(idn) 85.040 PT XL Axiata Tbk
PT Tower Bersama Infrastructure Fitch Indonesia AA+(idn) 84.707 PT Tower Bersama Infrastructure
PT Bank Negara Indonesia (Persero) Tbk Pefindo idAAA 80.000 PT Bank Negara Indonesia (Persero) Tbk
PT Sarana Multi Infrastruktur Pefindo idAAA 68.503 PT Sarana Multi Infrastruktur
PT Federal International Finance Fitch Indonesia AAA(idn) 64.944 PT Federal International Finance
PT Adira Dinamika Multi Finance Tbk Pefindo idAAA 54.979 PT Adira Dinamika Multi Finance Tbk
PT Perusahaan Listrik Negara (Persero) Pefindo idAAA(sy) 53.435 PT Perusahaan Listrik Negara (Persero)
PT Bank Pembangunan Daerah PT Bank Pembangunan Daerah
Kalimantan Barat Pefindo idA 45.000 Kalimantan Barat
PT Bank Mandiri Taspen Fitch Indonesia AA(idn) 37.108 PT Bank Mandiri Taspen
PT Jasa Marga (Persero) Tbk Pefindo idAA 33.066 PT Jasa Marga (Persero) Tbk
PT Chandra Asri Petrochemical Tbk Pefindo idAA- 30.000 PT Chandra Asri Petrochemical Tbk
PT Bank Tabungan Negara (Persero) Tbk Fitch Indonesia AA+(idn) 27.000 PT Bank Tabungan Negara (Persero) Tbk
PT Maybank Indonesia Tbk Pefindo idAAA 23.000 PT Maybank Indonesia Tbk
PT Indonesia Eximbank Pefindo idAAA 10.314 PT Indonesia Eximbank
60
Page 646
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
8. SURAT-SURAT BERHARGA (lanjutan) 8. MARKETABLE SECURITIES (continued)
c. Berdasarkan peringkat (lanjutan) c. By rating (continued)
2024
Pemeringkat/ Peringkat/ Nilai tercatat/
Agencies Rating Carrying value
PT Toyota Astra Financial Services Fitch Indonesia AAA(idn) 10.000 PT Toyota Astra Financial Services
PT Oki Pulp and Paper Mills Pefindo idA+(sy) 9.000 PT Oki Pulp and Paper Mills
PT. Medco Energi Internasional Tbk Pefindo idAA- 6.992 PT. Medco Energi Internasional Tbk
PT Angkasa Pura (Persero) Pefindo idAAA 5.140 PT Angkasa Pura (Persero)
PT Telkom Indonesia Tbk Pefindo idAAA 5.093 PT Telkom Indonesia Tbk
Surat kredit berdokumen dalam negeri - - 12.999 Domestic L/C
Jumlah Rupiah 20.367.544 Total Rupiah
Penyisihan kerugian penurunan nilai (3.052) Allowance for impairment losses
Jumlah surat-surat berharga 20.364.492 Total marketable securities
2023
Pemeringkat/ Peringkat/ Nilai tercatat/
Agencies Rating Carrying value
Rupiah: Rupiah:
Surat Utang Negara - - 12.610.606 Goverment Bonds
Bank Indonesia - - 1.042.400 Certificates of Bank Indonesia
PT Semen Indonesia (Persero) Tbk Pefindo idAA+ 244.970 PT Semen Indonesia (Persero) Tbk
PT Astra Sedaya Finance Pefindo idAAA 197.862 PT Astra Sedaya Finance
PT Permodalan Nasional Madani (Persero) - - 194.218 PT Permodalan Nasional Madani (Persero)
PT Pupuk Indonesia (Persero) Fitch Indonesia AAA(idn) 192.203 PT Pupuk Indonesia (Persero)
PT Bank Rakyat Indonesia (Persero) Tbk Pefindo idAAA 188.722 PT Bank Rakyat Indonesia (Persero) Tbk
PT Bank Aceh Syariah Pefindo idA 150.000 PT Bank Aceh Syariah
PT Sarana Multigriya Finansial (Persero) Pefindo idAAA 133.308 PT Sarana Multigriya Finansial (Persero)
PT Bank Mandiri (Persero) Tbk Pefindo idAAA 118.616 PT Bank Mandiri (Persero) Tbk
PT Federal International Finance Pefindo idAAA 112.190 PT Federal International Finance
PT Bank Muamalat Indonesia Tbk Pefindo idA+ 100.000 PT Bank Muamalat Indonesia Tbk
PT Bank NTB Syariah - - 100.000 PT Bank NTB Syariah
PT Kereta Api Indonesia (Persero) - - 90.877 PT Kereta Api Indonesia (Persero)
PT XL Axiata Fitch Indonesia AAA(idn) 85.097 PT XL Axiata
PT Perusahaan Listrik Negara (Persero) Pefindo idAAA 83.628 PT Perusahaan Listrik Negara (Persero)
PT Bank Negara Indonesia (Persero) Tbk Pefindo idAAA 80.628 PT Bank Negara Indonesia (Persero) Tbk
PT Pegadaian (Persero) Pefindo idAAA 80.000 PT Pegadaian (Persero)
PT Adira Dinamika Multi Finance Tbk Pefindo idAAA 74.888 PT Adira Dinamika Multi Finance Tbk
PT Bank Syariah Indonesia Tbk Pefindo idAAA 70.000 PT Bank Syariah Indonesia Tbk
PT Tower Bersama Infrastructure Fitch Indonesia AA+(idn) 69.338 PT Tower Bersama Infrastructure
PT Mandiri Tunas Finance Pefindo idAA+ 58.174 PT Mandiri Tunas Finance
PT Bank Tabungan Negara (Persero) Tbk Fitch Indonesia AA+(idn) 55.500 PT Bank Tabungan Negara (Persero) Tbk
PT Jasa Marga (Persero) Tbk Pefindo idAA- 33.158 PT Jasa Marga (Persero) Tbk
PT Bank Syariah Mega Indonesia - - 30.000 PT Bank Syariah Mega Indonesia
PT BCA Finance Pefindo idAAA 30.000 PT BCA Finance
PT Bank Mandiri Taspen Pefindo idAAA 29.021 PT Bank Mandiri Taspen
PT Toyota Astra Financial Services Fitch Indonesia AAA(idn) 25.000 PT Toyota Astra Financial Services
PT Maybank Indonesia Tbk Pefindo idAAA 23.000 PT Maybank Indonesia Tbk
PT Wahana Ottomitra Multiartha Tbk Fitch indonesia AA(idn) 15.036 PT Wahana Ottomitra Multiartha Tbk
PT Telkom Indonesia Tbk Pefindo idAAA 5.279 PT Telkom Indonesia Tbk
Jumlah Rupiah 16.323.719 Total Rupiah
Mata uang asing: Foreign currency:
Wesel ekspor - - 112 Export bill
16.323.831
Penyisihan kerugian penurunan nilai (511) Allowance for impairment losses
Jumlah surat-surat berharga 16.323.320 Total marketable securities
61
Page 647
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
8. SURAT-SURAT BERHARGA (lanjutan) 8. MARKETABLE SECURITIES (continued)
d. Jangka waktu dan tingkat bunga d. By maturity and interest rates
2024 2023
Kurang dari 1 tahun 5.280.112 11.668.277 Less than 1 year
1 - 5 tahun 10.198.511 4.655.554 1 - 5 years
Lebih dari 5 tahun 4.888.921 - More than 5 years
20.367.544 16.323.831
Penyisihan kerugian penurunan nilai (3.052) (511) Allowance for impairment losses
Jumlah surat-surat berharga 20.364.492 16.323.320 Total marketable securities
e. Tingkat bunga e. By interest rates
Tingkat bunga per tahun: Interest rates per annum:
2024 2023
Rupiah Rupiah
Surat Utang Negara 6,52% 6,45% Government Bonds
Obligasi 6,88% 6,50% Bond
Sekuritas Rupiah Bank Indonesia 6,99% 6,55% Rupiah Securities of Bank Indonesia
Sukuk Bank Indonesia 6,30% 5,74% Bank Indonesia Sukuk
Surat Berharga Syariah Negara 5,26% 5,74% Government sharia securities
Sukuk Korporasi 7,11% 6,75% Sukuk of Corporation
Sertifikat Investasi Mudharabah Antarbank 6,19% 5,73% Interbank Mudharabah investment Certificate
Sertifikat Pengelolaan Dana Berdasarkan Certificate of Fund Management
Prinsip Syariah Antarbank 6,25% 6,00% Based on interbank Sharia Principles
Negotiable Cerificate of Deposit (NCD) 6,53% 6,33% Negotiable Cerificate of Deposit (NCD)
Reksadana 8,11% 8,90% Mutual Funds
f. Perubahan laba (rugi) yang belum direalisasi f. The movement of unrealized gains (losses)
Perubahan laba (rugi) yang belum direalisasi dari perubahan The movement of unrealized gains (losses) from the change in
nilai wajar surat berharga untuk tujuan investasi yang diukur fair value of marketable securities measured at fair value through
pada nilai wajar melalui penghasilan komprehensif lain adalah other comprehensive income are as follows:
sebagai berikut:
2024 2023
Saldo awal (78.960) (142.034) Beginning balance
Laba (rugi) yang belum direalisasi Unrealized gains (loss)
selama tahun berjalan (106.389) 63.074 during the year
Jumlah sebelum pajak tangguhan (185.349) (78.960) Total before deferred tax
Pajak tangguhan 35.208 15.002 Deferred tax
Saldo akhir bersih (150.141) (63.958) Ending balance net
g. Kolektibilitas g. Collectibility
Kolektibilitas surat-surat berharga sesuai Peraturan OJK Collectibility marketable securities in accordance with Financial
diungkapkan pada Catatan 63d. Service Authority Rule are disclosed in Note 63d.
62
Page 648
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
8. SURAT-SURAT BERHARGA (lanjutan) 8. MARKETABLE SECURITIES (continued)
h. Nilai tercatat h. Carrying amount
2024
Tahap 1/ Tahap 2/ Tahap 3/ Jumlah/
Stage 1 Stage 2 Stage 3 Total
Surat Utang Negara 8.165.518 - - 8.165.518 Government bonds
Sekuritas Rupiah Bank Indonesia 4.390.684 - - 4.390.684 Bank Indonesia Rupiah Securities
Surat Berharga Syariah Negara 2.286.578 - - 2.286.578 Government sharia securities
Obligasi 2.092.633 - - 2.092.633 Bonds
Sukuk Bank Indonesia 1.501.132 - - 1.501.132 Bank Indonesia Sukuk
Sertifikat Investasi Mudharabah Interbank Mudharabah
Antar Bank (SIMA) 950.000 - - 950.000 Investment Certificate (SIMA)
Sertifikat Pengelolaan Dana Certificate of Fund Management
Berdasarkan Prinsip Syariah Based on Interbank
Antarbank (SIPA) 645.000 - - 645.000 Sharia Principles (SIPA)
Reksadana 190.000 - - 190.000 Mutual funds
Sukuk korporasi 133.000 - - 133.000 Corporate Sukuk
Surat kredit berdokumen dalam negeri 12.999 - - 12.999 Domestic L/C
Jumlah 20.367.544 - - 20.367.544 Total
Cadangan kerugian penurunan nilai (3.052) - - (3.052) Allowance for impairment losses
Jumlah - bersih 20.364.492 - - 20.364.492 Total - net
2023
Tahap 1/ Tahap 2/ Tahap 3/ Jumlah/
Stage 1 Stage 2 Stage 3 Total
Surat Utang Negara 12.469.200 - - 12.469.200 Government bonds
Obligasi 2.029.203 - - 2.029.203 Bonds
Sekuritas Rupiah Bank Indonesia 592.400 - - 592.400 Bank Indonesia Rupiah Securities
Sertifikat Investasi Mudharabah Interbank Mudharabah
Antar Bank (SIMA) 450.000 - - 450.000 Investment Certificate (SIMA)
Sukuk Bank Indonesia 450.000 - - 450.000 Bank Indonesia Sukuk
Surat Berharga Syariah Negara 141.406 - - 141.406 Government sharia securities
Reksadana 90.000 - - 90.000 Mutual funds
Sukuk korporasi 60.097 - - 60.097 Corporate Sukuk
Negotiable Certificate of Deposit 28.500 - - 28.500 Negotiable Certificate of Deposit
Surat kredit berdokumen dalam negeri 12.913 - - 12.913 Domestic L/C
Wesel 112 - - 112 Bill
Jumlah 16.323.831 - - 16.323.831 Total
Cadangan kerugian penurunan nilai (511) - - (511) Allowance for impairment losses
Jumlah - bersih 16.323.320 - - 16.323.320 Total - net
i. Cadangan kerugian penurunan nilai i. Allowance for impairment losses
2024
Tahap 1/ Tahap 2/ Tahap 3/ Jumlah/
Stage 1 Stage 2 Stage 3 Total
Saldo awal tahun 511 - - 511 Balance at beginning of year
Dampak akuisisi 1.710 - - 1.710 Acquistion effect
Penyisihan tahun berjalan 831 - - 831 Recovery during the year
Saldo akhir tahun 3.052 - - 3.052 Balance at end of year
2023
Tahap 1/ Tahap 2/ Tahap 3/ Jumlah/
Stage 1 Stage 2 Stage 3 Total
Saldo awal tahun 400 - - 400 Balance at beginning of year
Penyisihan tahun berjalan 111 - - 111 Provision during the year
Saldo akhir tahun 511 - - 511 Balance at end of year
63
Page 649
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
8. SURAT-SURAT BERHARGA (lanjutan) 8. MARKETABLE SECURITIES (continued)
i. Cadangan kerugian penurunan nilai (lanjutan) i. Allowance for impairment losses (continued)
Jumlah minimum penyisihan kerugian penurunan nilai surat- Minimum allowance for impairment losses for marketable
surat berharga yang wajib dibentuk sesuai ketentuan Bank securities required by Bank Indonesia as of December 31, 2024
Indonesia pada tanggal 31 Desember 2024 dan 2023 masing- and 2023 amounted to Rp31,076 and Rp26,708, respectively.
masing adalah sebesar Rp31.076 dan Rp26.708.
Manajemen berpendapat bahwa jumlah penyisihan kerugian Management believes that the allowance for impairment losses
penurunan nilai yang dibentuk telah memadai untuk menutup is adequate to cover the possible losses of uncollectible
kemungkinan terjadinya kerugian atas tidak tertagihnya surat marketable securities.
berharga.
9. SURAT BERHARGA YANG DIJUAL DENGAN JANJI DIBELI 9. MARKETABLE SECURITIES SOLD UNDER REPURCHASED
KEMBALI AGREEEMENT
a. Berdasarkan jenis a. By type
2024
Premium (diskonto)
yang belum Rugi yang
diamortisasi/ belum Nilai tercatat/
Jenis surat berharga/ Nilai nominal/ Unamortised direalisasi/ Carrying
Type of marketable securities Nominal value premium (discount) Unrealised loss value
Biaya perolehan dimortisasi/Amortised cost
Surat Utang Negara/Government bonds 3.100.000 68.474 - 3.168.474
Sekuritas Rupiah Bank Indonesia/Bank Indonesia Rupiah Securities 1.300.000 (35.861) - 1.264.139
Nilai wajar melalui penghasilan komprehensif lain/
Fair value through other comprehensive income
Surat Utang Negara/Government bonds 4.470.000 57.518 (101.053) 4.426.465
Surat Berharga Syariah Negara/Government sharia securities 300.000 (917) (8.617) 290.466
9.170.000 89.214 (109.670) 9.149.544
2023
Premium (diskonto)
yang belum Rugi yang
diamortisasi/ belum Nilai tercatat/
Jenis surat berharga/ Nilai nominal/ Unamortised direalisasi/ Carrying
Type of marketable securities Nominal value premium (discount) Unrealised loss value
Biaya perolehan dimortisasi/Amortised cost
Surat Utang Negara/Government bonds 4.180.000 111.497 - 4.291.497
Surat Berharga Syariah Negara/Government sharia securities 2.000.000 10.140 - 2.010.140
Nilai wajar melalui penghasilan komprehensif lain/
Fair value through other comprehensive income
Surat Utang Negara/Government bonds 2.050.000 (38) (47.936) 2.002.026
8.230.000 121.599 (47.936) 8.303.663
Pada tanggal 31 Desember 2024 dan 2023, surat-surat As of December 31, 2024 and 2023, marketable securities used as
berharga yang dijadikan jaminan untuk surat berharga yang collateral for securities sold with repurchase agreement with
dijual dengan janji dibeli kembali dengan nilai nominal masing- nominal value at Rp9,170,000 and Rp8,230,000 with repurchase
masing sebesar Rp9.170.000 dan Rp8.230.000 dengan nilai value at Rp8,786,445 and Rp7,918,000, respectively (Note 22).
beli kembali sebesar Rp8.786.455 dan Rp7.918.000 (Catatan
22).
b. Berdasarkan jangka waktu b. By maturity
2024 2023
Kurang dari 1 tahun 646.747 - Less than 1 year
1 - 5 tahun 5.837.163 6.932.895 1 - 5 years
Lebih dari 5 tahun 2.665.634 1.370.768 More than 5 years
Jumlah 9.149.544 8.303.663 Total
64
Page 650
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
10. TAGIHAN DARI SURAT BERHARGA YANG DIBELI DENGAN 10. MARKETABLE SECURITIES PURCHASED UNDER RESALE
JANJI DIJUAL KEMBALI AGREEEMENT
Tidak terdapat tagihan atas surat berharga yang dibeli dengan janji There were no receivable of marketable securities purchased under
dijual kembali dengan pihak berelasi. resale agreement with related parties.
a. Berdasarkan jenis a. By type
2024
Pendapatan
bunga yang
belum
diamortisasi/
Pihak lawan/ Jenis sekuritas/ Nilai nominal/ Nilai jual kembali/ Unamortized Nilai tercatat/
Counterpart Type of securities Nominal value Resell value interest income Carrying value
PT Bank Capital Indonesia Tbk FR0087 250.000 246.435 6.899 239.536
PT Bank Capital Indonesia Tbk FR0059 200.000 202.342 453 201.889
PT Bank Capital Indonesia Tbk FR0086 150.000 151.362 4.237 147.125
PT Bank KB Bukopin Tbk FR0073 10.000 10.238 2 10.236
PT Bank Pembangunan Daerah Kalimantan Tengah FR0075 10.000 9.655 9 9.646
PT Bank Pan Indonesia Tbk IDSR311025364S 10.000 9.430 2 9.428
Jumlah/Total 630.000 629.462 11.602 617.860
2023
Pendapatan
bunga yang
belum
diamortisasi/
Pihak lawan/ Jenis sekuritas/ Nilai nominal/ Nilai jual kembali/ Unamortized Nilai tercatat/
Counterpart Type of securities Nominal value Resell value interest income Carrying value
PT BPD Kalimantan Timur dan Kalimantan Utara FR0076 600.000 593.001 315 592.686
PT Bank OCBC NISP Tbk FR0059 600.000 584.946 204 584.742
PT Bank Sinarmas Tbk FR0087 600.000 568.488 396 568.092
PT Bank Sinarmas Tbk FR0082 500.000 483.793 167 483.626
PT BPD Sumatera Selatan dan Bangka Belitung FR0087 400.000 378.602 132 378.470
PT BPD Sulawesi Tengah FR0080 300.000 297.442 154 297.288
PT Bank Nationalnobu Tbk VR0044 300.000 290.194 152 290.042
PT Bank Nationalnobu Tbk VR0063 300.000 285.628 50 285.578
PT BPD Kalimantan Timur dan Kalimantan Utara FR0083 200.000 201.792 143 201.649
PT BPD Kalimantan Timur dan Kalimantan Utara FR0085 200.000 200.607 69 200.538
PT BPD Kalimantan Timur dan Kalimantan Utara FR0084 200.000 198.656 68 198.588
PT BPD Kalimantan Timur dan Kalimantan Utara FR0080 200.000 197.908 140 197.768
PT BPD Kalimantan Timur dan Kalimantan Utara FR0098 200.000 194.836 67 194.769
PT BPD Sulawesi Tengah FR0081 200.000 190.873 99 190.774
PT BPD Sulawesi Utara Gorontalo VR0077 200.000 188.139 65 188.074
PT Allo Bank Indonesia Tbk FR0091 200.000 186.039 129 185.910
PT BPD Kalimantan Timur dan Kalimantan Utara FR0091 200.000 185.790 64 185.726
PT BPD Sulawesi Tengah FR0090 200.000 185.448 129 185.319
PT Bank CTBC Indonesia FR0084 150.000 149.020 78 148.942
PT Bank CTBC Indonesia FR0068 100.000 108.174 76 108.098
PT BPD Papua FR0081 100.000 95.483 67 95.416
PT BPD Sulawesi Utara Gorontalo VR0063 100.000 95.245 33 95.212
PT Bank Nationalnobu Tbk VR0072 78.000 75.365 39 75.326
Bank Indonesia VR0083 50.000 49.985 279 49.706
PT Bank Nationalnobu Tbk VR0045 50.000 48.365 25 48.340
PT Bank Nationalnobu Tbk VR0093 50.000 48.320 25 48.295
PT Bank Nationalnobu Tbk VR0073 50.000 47.059 25 47.034
PT Bank CTBC Indonesia FR0091 50.000 46.456 24 46.432
Bank Indonesia VR0070 25.000 25.469 111 25.358
Bank Indonesia VR0068 25.000 24.901 78 24.823
Bank Indonesia VR0073 25.000 24.775 78 24.697
Jumlah/Total 6.453.000 6.250.799 3.481 6.247.318
65
Page 651
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
10. TAGIHAN DARI SURAT BERHARGA YANG DIBELI DENGAN 10. MARKETABLE SECURITIES PURCHASED UNDER RESALE
JANJI DIJUAL KEMBALI (lanjutan) AGREEEMENT (continued)
b. Berdasarkan jangka waktu b. By maturity
2024 2023
Kurang dari 1 bulan 29.311 6.122.734 Less than 1 month
1 - 3 bulan 201.889 - 1 - 3 months
6 - 12 bulan 386.660 124.584 6 - 12 months
Jumlah 617.860 6.247.318 Total
Pada tanggal 31 Desember 2024 dan 2023, tagihan atas surat As of December 31, 2024 and 2023, receivable of marketable
berharga yang dibeli dengan janji dijual kembali tidak mengalami securities purchased under resale agreement are not impaired.
kerugian penurunan nilai. Manajemen berkeyakinan bahwa tidak Management believes that there was no allowance for impairment
ada penyisihan kerugian penurunan nilai yang perlu diakui. losses to be recognised.
11. TAGIHAN LAINNYA 11. OTHER RECEIVABLES
2024 2023
Tagihan transfer dan ATM 90.862 122.780 Transfer receivables and ATM
Lainnya 242.477 152.269 Others
Jumlah 333.339 275.049 Total
Penyisihan penurunan nilai realisasi bersih (79.003) (58.656) Allowance for decline in net realizable value
Jumlah - net 254.336 216.393 Total - net
Pada tanggal 31 Desember 2024 dan 2023, tidak terdapat As of December 31, 2024 and 2023, there were no other
tagihan pada pihak berelasi. receivables from related parties.
Kolektibilitas tagihan lainnya pada tanggal 31 Desember 2024 The collectibility of all other receivables as of December 31,
dan 2023 adalah lancar. 2024 and 2023 was classified as current.
Perubahan penyisihan penurunan nilai realisasi bersih adalah The movements in the allowance for decline in net realizable
sebagai berikut: value are as follows:
2024
Tahap 1/ Tahap 2/ Tahap 3/ Jumlah/
Stage 1 Stage 2 Stage 3 Total
Saldo awal tahun - - 58.656 58.656 Balance at beginning of year
Penyisihan tahun berjalan - - 20.347 20.347 Provision during the year
Saldo akhir tahun - - 79.003 79.003 Balance at end of year
2023
Tahap 1/ Tahap 2/ Tahap 3/ Jumlah/
Stage 1 Stage 2 Stage 3 Total
Saldo awal tahun - - 43.412 43.412 Balance at beginning of year
Penyisihan tahun berjalan - - 15.244 15.244 Provision during the year
Saldo akhir tahun - - 58.656 58.656 Balance at end of year
Manajemen berpendapat bahwa jumlah penyisihan kerugian Management believes that the allowance for impairment losses
penurunan nilai untuk menutupi kemungkinan kerugian yang on uncollectible other receivables is adequate.
timbul akibat tagihan lainnya tidak tertagih adalah memadai.
66
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The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
12. KREDIT YANG DIBERIKAN DAN PIUTANG/PEMBIAYAAN 12. LOANS AND SHARIA RECEIVABLES/FINANCING
SYARIAH
a. Berdasarkan jenis dan mata uang a. By type and currency
2024 2023
Rupiah: Rupiah:
Pihak berelasi: Related parties:
Modal kerja 7.820 77.134 Working capital
Konsumsi 104.624 107.683 Consumer
` 112.444 184.817
Pihak ketiga: Third parties:
Modal kerja 20.097.447 15.344.978 Working capital
Investasi 410.798 8.002.279 Investment
Konsumsi 44.415.662 31.100.590 Consumer
64.923.907 54.447.847
Jumlah Rupiah 65.036.351 54.632.664 Total Rupiah
Valuta asing: Foreign currencies:
Pihak ketiga: Third parties:
Modal kerja 10.316.389 128.239 Working capital
Jumlah valuta asing 10.316.389 128.239 Total foreign currencies
Jumlah 75.352.740 54.760.903 Total
Penyisihan kerugian penurunan nilai (2.113.224) (1.364.905) Allowance for impairment losses
Jumlah bersih 73.239.516 53.395.998 Total-net
b. Berdasarkan sektor ekonomi b. By economic sectors
2024 2023
Rumah tangga 44.528.058 31.178.711 Household
Perdagangan besar dan eceran 12.353.855 8.537.898 Wholesale and retail trade
Konstruksi 4.433.424 3.752.737 Construction
Pertanian perburuan dan kehutanan 4.425.996 2.702.863 Agriculture, hunting and forestry
Industri pengolahan 3.932.811 3.098.925 Processing industry
Jasa kemasyarakatan dan sosial budaya 2.109.570 1.894.090 Public and social culture services
Perantara keuangan 1.161.377 2.007.568 Financial intermediaries
Jasa pendidikan 576.377 265.951 Education services
Akomodasi makanan dan minuman 575.442 426.174 Accomodation, food and beverage
Jasa kesehatan dan kegiatan sosial 381.942 221.041 Health services and social activities
Transportasi, pergudangan dan Transportation, warehousing
komunikasi 292.504 211.356 and communications
Real estate, usaha persewaan Real estate, business services
dan jasa perusahaan 237.488 136.672 and business ownership
Perikanan 178.799 131.245 Fishery
Listrik gas dan air 72.624 28.576 Electricity, gas and water
Pertambangan dan penggalian 57.667 34.574 Mining and quarrying
Jasa perorangan yang melayani rumah tangga 18.046 21.543 Individual services which serve households
Kegiatan yang belum jelas batasannya 15.480 32.916 Activity is still undefined
Administrasi pemerintahan, pertahanan dan Government administration, defense and
jaminan sosial wajib 1.279 78.063 mandatory sosial security
Jumlah 75.352.740 54.760.903 Total
Dikurangi: Penyisihan Less: Allowance for
kerugian penurunan nilai (2.113.224) (1.364.905) impairment losses
Jumlah kredit yang diberikan, neto 73.239.516 53.395.998 Total loans, net
c. Kolektibilitas c. Collectibility
Kolektibilitas kredit yang diberikan dan piutang/pembiayaan Collectibility loans sharia receivables/financing in accordance
syariah sesuai Peraturan OJK diungkapkan pada Catatan 63f. with Financial Service Authority Rule are disclosed in Note 63f.
67
Page 653
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
12. KREDIT YANG DIBERIKAN DAN PIUTANG/PEMBIAYAAN 12. LOANS AND SHARIA RECEIVABLES/FINANCING (continued)
SYARIAH (lanjutan)
d. Berdasarkan sisa umur kredit d. Maturity of loans
2024 2023
Kurang dari 1 tahun 9.747.031 8.818.032 Less than 1 year
1 - 2 tahun 4.741.106 3.306.375 1 - 2 years
Lebih dari 2 - 5 tahun 25.510.593 16.294.690 More than 2 - 5 years
Lebih dari 5 tahun 35.354.011 26.341.806 Over 5 years
75.352.740 54.760.903
Dikurangi: Penyisihan Less: Allowance for
kerugian penurunan nilai (2.113.224) (1.364.905) impairment losses
Jumlah kredit yang
diberikan, neto 73.239.516 53.395.998 Total loans, net
e. Berdasarkan hubungan e. By relationship
Kredit yang diberikan kepada pihak berelasi, termasuk pinjaman Loans to related parties include loans to key management.
kepada manajemen kunci. Pinjaman kepada manajemen kunci Loans to key management as of December 31, 2024 and 2023
pada tanggal 31 Desember 2024 dan 2023, masing-masing amounted to Rp102,306 and Rp100,611, respectively (Note 45),
sebesar Rp102.306 dan Rp100.611 (Catatan 45), merupakan which involved automobiles, housing and other loans, with terms
kredit untuk pembelian kendaraan, rumah dan keperluan lainnya of between 1 - 20 years and interest at rates of between 4,00%-
dengan jangka waktu antara 1 - 20 tahun dan dikenakan bunga 6,50% per annum.
sebesar 4,00% - 6,50% per tahun.
f. Tingkat bunga tahunan f. Annual interest rates
Tingkat bunga kredit yang diberikan dalam Rupiah pada tanggal The annual interest rates of loans in Rupiah as of December 31,
31 Desember 2024 dan 2023, masing-masing sebesar 10,50% - 2024 and 2023 are 10.50% - 12.75% respectively.
12,75%.
g. Kredit sindikasi g. Syndicated loans
Keikutsertaan Grup sebagai anggota sindikasi dengan The share of the Group in syndicated loans as of December 31,
persentase penyertaan pada tanggal 31 Desember 2024 dan 2024 and 2023 ranged from 0.42%-66.43% from total of
2023 berkisar antara 0,42% - 66,43% dari total pinjaman syndication loan.
sindikasi.
h. Piutang/pembiayaan syariah h. Sharia receivables/financing
Dalam pinjaman termasuk saldo pembiayaan yang diberikan The amounts of loans including financing provided based on
berdasarkan prinsip syariah pada tanggal 31 Desember 2024 sharia principles as of December 31, 2024 and 2023 are as
dan 2023, adalah sebagai berikut: follows:
2024 2023
Murabahah 2.941.516 902.861 Murabahah
Musyarakah 10.901.768 1.130.521 Musyarakah
Mudharabah 61.292 105.174 Mudharabah
Qardh 56.456 49.062 Qardh
Ijarah 900 241 Ijarah
Jumlah 13.961.932 2.187.859 Total
68
Page 654
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
12. KREDIT YANG DIBERIKAN DAN PIUTANG/PEMBIAYAAN 12. LOANS AND SHARIA RECEIVABLES/FINANCING (continued)
SYARIAH (lanjutan)
i. Kredit yang direstrukturisasi i. Restructured loans
Restrukturisasi kredit pada tanggal 31 Desember 2024 dan The restructured loans as of December 31, 2024 and 2023
2023, adalah masing-masing sebesar Rp3.896.345 dan amounted to Rp3,896,345 and Rp3,901,204, respectively.
Rp3.901.204.
2024 2023
Perpanjangan waktu kredit 1.241.312 906.673 Exsistension of loan period
Perpanjangan waktu kredit dan Exsistension of loan period and interest
penyesuaian suku bunga 4.472 8.100 rate adjusment
Perpanjangan waktu kredit dan skema lain 2.650.561 2.986.431 Exsistension of loan period and other schemes
Jumlah 3.896.345 3.901.204 Total
Sehubungan dengan restrukturisasi dan relaksasi kredit sebagai In relation to credit restructuring and relaxation as a result of
dampak dari COVID-19, regulator mengeluarkan POJK COVID-19, the regulator issued POJK No.11/POJK.03/2020
No.11/POJK.03/2020 tanggal 16 Maret 2020 tentang Stimulus dated March 16, 2020 concerning National Economic Stimulus
Perekonomian Nasional sebagai Kebijakan Countercyclical as a Countercyclical Policy for the Impact of the Spread of
Dampak Penyebaran COVID-19 sebagaimana diubah terakhir COVID-19, which have been amended with POJK No.17/
dengan POJK No.17/POJK.03/2021 tanggal 10 September POJK.03/2021 dated September 10, 2021, and IAI press release
2021, dan siaran pers IAI atas dampak pandemi COVID-19, on the impact of the COVID-19 pandemic, The Group has
Grup telah melakukan restrukturisasi kredit terhadap debitur restructured credit for debtors affected by COVID-19, and
yang terkena dampak COVID-19, dan melaporkan saldo reported the balance of the restructuring of the credit to the
restrukturisasi kredit tersebut pada kolektibilitas lancar pada current collectability as of December 31, 2023. Based on the
tanggal 31 Desember 2023. Berdasarkan Siaran Pers Otoritas Financial Services Authority Press Release No.SP-
Jasa Keuangan No.SP-41/OJK/GKPB/III/2024 tanggal 31 Maret 41/OJK/GKPB/III/2024 dated March 31, 2024, the bank credit
2024, stimulus relaksasi kredit perbankan dalam rangka relaxation stimulus in the context of handling the Covid-19
penanganan pandemi Covid-19 dinyatakan berakhir. pandemic was declared over.
j. Jumlah kredit yang diberikan dan piutang/pembiayaan syariah j. Total loans and sharia receivables/financing secured by time
yang djamin dengan deposito berjangka pada tanggal 31 deposits as of December 31, 2024 and 2023 were Rp409,740
Desember 2024 dan 2023, masing-masing sebesar Rp409.740 and Rp885,916, respectively with collateral of deposits blocked
dan Rp885.916 dengan jaminan berupa simpanan yang diblokir amounting Rp409,512 and Rp203,926 (Note 20e).
masing-masing sebesar Rp409.512 dan Rp203.926 (Catatan
20e).
k. Kredit yang diberikan dan piutang/pembiayaan syariah yang k. Loans and sharia receivables/financing written-off for the year
dihapusbukukan untuk tahun yang berakhir pada tanggal 31 ended December 31, 2024 and 2023 amounted to Rp634,768
Desember 2024 dan 2023, masing-masing adalah sebesar and Rp629,551 respectively.
Rp634.768 dan Rp629.551.
69
Page 655
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
12. KREDIT YANG DIBERIKAN DAN PIUTANG/PEMBIAYAAN 12. LOANS AND SHARIA RECEIVABLES/FINANCING (continued)
SYARIAH (lanjutan)
l. Berdasarkan stage l. By stage
Berikut adalah perubahan jumlah pinjaman yang diberikan Below is movement of loans based on stages as of December
berdasarkan stage pada tanggal 31 Desember 2024 dan 2023: 31, 2024 and 2023:
2024
Piutang/
pembiayaan
syariah/
Sharia
receivables/ Jumlah/
Stage 1 Stage 2 Stage 3 financing Total
Saldo awal 49.717.184 669.958 2.185.902 6.004.964 54.760.903 Beginning balance
Dampak akuisisi - - - 11.147.478 11.147.478 Acquisition impact
Transfer ke kerugian Transfer to
kredit ekspektasian 12-month expected
12 bulan (Stage 1) 339.074 (232.734) (106.340) - - credit losses (Stage 1)
Transfer ke kerugian Transfer to
kredit ekspektasian lifetime expected
sepanjang umurnya (Stage 2) (636.085) 647.977 (11.892) - - credit losses (Stage 2)
Transfer ke kredit yang Transfer to
mengalami penurunan credit impaired
nilai (Stage 3) (1.395.899) (281.977) 1.677.876 - - (Stage 3)
Aset keuangan yang baru New financial assets
atau dibeli 28.263.724 385.714 482.255 648.583 29.780.276 originated or purchased
Modifikasi arus kas kontraktual Modification of contractual
atas aset keuangan (1.135.444) (45.014) (2.217.912) - (3.398.370) cashflow of financial assets
Perubahan akrual bunga (18.680.340) (82.152) 2.459.713 - (16.302.779) Change in interest accrual
Penghapusbukuan selama Write-off
tahun berjalan (142.485) (90.926) (379.369) (21.988) (634.768) during the year
Saldo akhir 56.329.729 970.846 4.090.233 17.779.037 75.352.740 Ending balance
2023
Piutang/
pembiayaan
syariah/
Sharia
receivables/ Jumlah/
Stage 1 Stage 2 Stage 3 financing Total
Saldo awal 42.094.584 598.657 1.599.946 1.903.471 46.196.658 Beginning balance
Transfer ke kerugian Transfer to
kredit ekspektasian 12-month expected
12 bulan (Stage 1) 218.473 (230.287) 11.814 - - credit losses (Stage 1)
Transfer ke kerugian Transfer to
kredit ekspektasian lifetime expected
sepanjang umurnya (Stage 2) (453.664) 464.752 (11.088) - - credit losses (Stage 2)
Transfer ke kredit yang Transfer to
mengalami penurunan credit impaired
nilai (Stage 3) (785.024) (222.195) 1.007.219 - - (Stage 3)
Aset keuangan yang baru New financial assets
atau dibeli 23.969.845 269.423 688.003 332.602 25.259.873 originated or purchased
Modifikasi arus kas kontraktual Modification of contractual
atas aset keuangan (2.598.015) (27.837) (970.923) - (3.596.775) cashflow of financial assets
Perubahan akrual bunga (12.613.817) (111.726) 256.241 - (12.469.302) Change in interest accrual
Penghapusbukuan selama Write-off
tahun berjalan (115.198) (70.829) (395.310) (48.214) (629.551) during the year
Saldo akhir 49.717.184 669.958 2.185.902 2.187.859 54.760.903 Ending balance
70
Page 656
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
12. KREDIT YANG DIBERIKAN DAN PIUTANG/PEMBIAYAAN 12. LOANS AND SHARIA RECEIVABLES/FINANCING (continued)
SYARIAH (lanjutan)
l. Berdasarkan stage (lanjutan) l. By stage (continued)
Berikut adalah perubahan jumlah cadangan kerugian penurunan Below is movement of allowance for impairment losses based on
nilai berdasarkan stage pada tanggal 31 Desember 2024 dan stages as of December 31, 2024 and 2023:
2023:
2024
Piutang/
pembiayaan
syariah/
Sharia
receivables/ Jumlah/
Stage 1 Stage 2 Stage 3 financing Total
Saldo awal 367.710 74.072 869.731 53.392 1.364.905 Beginning balance
Dampak akuisisi - - - 109.893 109.893 Acquisition impact
Transfer ke kerugian Transfer to
kredit ekspektasian 12-month expected
12 bulan (Stage 1) (7.749) 186.875 (179.126) - - credit losses (Stage 1)
Transfer ke kerugian Transfer to
kredit ekspektasian lifetime expected
sepanjang umurnya (Stage 2) (17.317) (29.967) 47.284 - - credit losses (Stage 2)
Transfer ke kredit yang Transfer to
mengalami penurunan credit impaired
nilai (Stage 3) 149.798 (28.652) (121.146) - - (Stage 3)
Penghapusbukuan selama Write-off
tahun berjalan (142.485) (90.926) (379.369) (21.988) (634.768) during the year
Perubahan bersih Net change
pada eksposur dan in exposure
pengukuran kembali (63.438) (16.070) 1.285.455 67.247 1.273.194 and remeasurement
Saldo akhir 286.519 95.332 1.522.829 208.544 2.113.224 Ending balance
2023
Piutang/
pembiayaan
syariah/
Sharia
receivables/ Jumlah/
Stage 1 Stage 2 Stage 3 financing Total
Saldo awal 263.059 61.303 911.041 83.210 1.318.613 Beginning balance
Transfer ke kerugian Transfer to
kredit ekspektasian 12-month expected
12 bulan (Stage 1) (5.661) 9.079 (3.418) - - credit losses (Stage 1)
Transfer ke kerugian Transfer to
kredit ekspektasian lifetime expected
sepanjang umurnya (Stage 2) (18.452) (24.104) 42.556 - - credit losses (Stage 2)
Transfer ke kredit yang Transfer to
mengalami penurunan credit impaired
nilai (Stage 3) 73.003 (22.860) (50.143) - - (Stage 3)
Penghapusbukuan selama Write-off
tahun berjalan (115.198) (70.829) (395.310) (48.214) (629.551) during the year
Perubahan bersih Net change
pada eksposur dan in exposure
pengukuran kembali 170.959 121.483 365.005 18.396 675.843 and remeasurement
Saldo akhir 367.710 74.072 869.731 53.392 1.364.905 Ending balance
Manajemen berpendapat bahwa jumlah penyisihan kerugian Management believes that the allowance for impairment losses
penurunan nilai untuk menutup kemungkinan kerugian yang on uncollectible loans and sharia receivables/financing is
timbul akibat kredit yang diberikan dan piutang/pembiayaan adequate.
syariah tidak tertagih adalah memadai.
Saldo cadangan kerugian penurunan nilai adalah sebesar The balance of allowance for impairment losses amounted to
Rp1.078.684 (individual) dan Rp1.034.540 (kolektif) pada Rp1,078,684 (individual) and Rp1,034,540 (collective) as of
tanggal 31 Desember 2024 dan Rp732.824 (individual) dan December 31, 2024 and Rp732,824 (individual) and Rp632,081
Rp632.081 (kolektif) pada tanggal 31 Desember 2023. (collective) as of December 31, 2023.
71
Page 657
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
12. KREDIT YANG DIBERIKAN DAN PIUTANG/PEMBIAYAAN 12. LOANS AND SHARIA RECEIVABLES/FINANCING (continued)
SYARIAH (lanjutan)
l. Berdasarkan stage (lanjutan) l. By stage (continued)
Beban penyisihan kerugian penurunan nilai adalah sebesar Provision for impairment losses amounted to Rp1,273,194 and
Rp1.273.194 dan Rp675.843 pada tanggal 31 Desember 2024 Rp675,843 as of December 31, 2024 and 2023 (Note 35).
dan 2023 (Catatan 35).
Manajemen berpendapat bahwa jumlah cadangan kerugian Management believes that the allowance for impairment losses
penurunan nilai yang dibentuk cukup untuk menutup kerugian is adequate to cover possible losses arising from uncollectible
yang mungkin timbul akibat tidak tertagihnya kredit yang loans and sharia receivables/financing.
diberikan dan piutang/pembiayaan syariah.
m. Dalam rangka percepatan Pemulihan Ekonomi Nasional (PEN) m. In order to accelerate National Economic Recovery Program
sesuai Peraturan Menteri Keuangan No.70/PMK.05/2020, (PEN) based on PMK No.70/PMK.05/2020, Government place
Pemerintah melakukan Penempatan Uang Negara kepada their funds in banks, which Bank is one of them, in time deposit
perbankan salah satunya Bank, dalam bentuk deposito dengan with 6 (six) months tenor contract amounted to Rp2,000,000 on
tenor 6 (enam) bulan sebesar Rp2.000.000 pada tanggal 14 August 14, 2020 until February 10, 2021. The Government fund
Agustus 2020 sampai 10 Februari 2021. Dana pemerintah has been distributed in form of loan amounted to Rp8,092,192
tersebut telah disalurkan dalam bentuk kredit sebesar until February 10, 2021 and the fund will be returned to
Rp8.092.192 sampai dengan tanggal 10 Februari 2021, dan Government.
selanjutnya dana akan dikembalikan kepada Pemerintah.
Bank juga berpartisipasi dalam penyaluran subsidi bunga dari Bank also participate in channeling interest subsidy from
Pemerintah bagi debitur UMKM dan subsidi bunga tambahan Government for Small Medium Enterprise (SME) debtors and
untuk Kredit Usaha Rakyat (KUR) sesuai dengan PMK additional interest subsidy for Kredit Usaha Rakyat (KUR)
No.85/PMK.05/2020 untuk periode Mei 2020. program based on PMK No.85/PMK.05/2020 for period May,
2020.
Besaran subsidi bunga tersebut adalah sebagai berikut: The interest subsidies will cover loan interest are as follows:
- Plafon kredit kurang dari atau sama dengan Rp500, subsidi - The credit limit is less than or equal to Rp500, the interest
bunga yang diberikan sebesar 6% selama 3 (tiga) bulan subsidy is 6% for the first 3 ((three) months and 3% for the
pertama dan 3% selama tiga bulan berikutnya. following three months.
- Plafon kredit lebih dari Rp500 sampai dengan Rp10.000, - The credit limit is more than Rp500 to Rp10,000, the interest
subsidi bunga yang diberikan sebesar 3% selama 3 (tiga) subsidy is 3% for the first (three) months and 2% for the
bulan pertama dan 2% selama tiga bulan berikutnya. following three months.
Sampai dengan tanggal 31 Desember 2024, Bank telah Until December 31, 2024, the Bank has distributed interest
menerima subsidi bunga dari Pemerintah untuk disalurkan subsidies for SME debtors amounted to Rp2,778.
kepada debitur UMKM sebesar Rp2.778.
13. PENDAPATAN BUNGA YANG MASIH AKAN DITERIMA 13. ACCRUED INTEREST INCOME
2024 2023
Rupiah: Rupiah:
Kredit yang diberikan 472.676 376.942 Loans
Lain-lain 317.049 308.346 Others
Mata uang asing: Foreign currencies:
Kredit yang diberikan 177 277 Loans
Lain-lain 618 169 Others
Jumlah 790.520 685.734 Total
14. BIAYA DIBAYAR DIMUKA 14. PREPAID EXPENSES
2024 2023
Asuransi tunjangan hari tua 86.682 97.840 Mutual aid pension insurance
Asuransi lainnya 55.345 50.048 Other insurance
Sewa dibayar dimuka 11.931 22.372 Prepaid rent
Lainnya 52.614 37.192 Others
Jumlah 206.572 207.452 Total
Sewa dibayar dimuka merupakan sewa atas gedung kantor cabang Prepaid rent represents rent of the branch office buildings and
dan rumah dinas. official house.
72
Page 658
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
15. PENYERTAAN SAHAM 15. INVESTMENT IN SHARES
Seluruh penyertaan saham dalam mata uang Rupiah. All investment in shares are stated in Rupiah.
2024
Persentase
kepemilikan/ Nilai tercatat/
Ownership Carrying
percentage amount
Metode nilai wajar/biaya Fair value/cost method
PT Sarana NTB Ventura 5,840% 2.568 PT Sarana NTB Ventura
Manajemen berkeyakinan tidak terdapat indikasi penurunan nilai Management believes that there is no indication of impairment in
terhadap penyertaan saham tersebut dan karenanya manajemen the value of these investment in shares and accordingly the
berpendapat tidak perlu dibentuk penyisihan. management believes that no provision for possible losses is
required.
Kolektibilitas penyertaan saham sesuai Peraturan OJK Collectibility investment in shares accordance with Financial
diungkapkan pada Catatan 63e. Service Authority Rule are disclosed in Note 63e.
16. ASET TETAP DAN ASET HAK GUNA 16. FIXED ASSETS AND RIGHT-OF-USE ASSETS
2024
Dampak
Saldo awal/ akuisisi/
Beginning Penambahan/ Pengurang/ Reklasifikasi/ Revaluasi/ Acquisition Saldo akhir/
balance Additions Deduction Reclassification Revaluation impact Ending balance
Biaya perolehan/Cost
Tanah/Land 943.060 1.381 - - 122.248 173.975 1.240.664
Bangunan/Buildings 203.722 3.398 2.030 (2.262) - 330.789 533.617
Peralatan kantor/
Office equipment 616.366 44.843 2.585 - - 101.079 759.703
Kendaraan bermotor/
Motor vehicles 51.710 15.739 2.962 - - 8.011 72.498
1.814.858 65.361 7.577 (2.262) 122.248 613.854 2.606.482
Aset dalam penyelesaian/
Construction in progress 796 2.631 - - - 20.197 23.624
Aset hak guna/
Right of use assets 294.833 60.859 48.731 - - 43.109 350.070
2.110.487 128.851 56.308 (2.262) 122.248 677.160 2.980.176
Akumulasi penyusutan/
Accumulated depreciation
Bangunan/Buildings 125.475 13.230 1.960 (65) - 48.796 185.476
Peralatan kantor/
Office equipment 545.619 47.042 2.585 - - 44.829 634.905
Kendaraan bermotor/
Motor vehicles 19.490 11.413 2.962 - - 5.272 33.213
690.584 71.685 7.507 (65) - 98.897 853.594
Aset hak guna/
Right of use assets 165.634 67.594 48.731 - - 16.364 200.861
856.218 139.278 56.238 (65) - 115.261 1.054.455
Nilai buku neto/Net book value 1.254.269 1.925.721
73
Page 659
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
16. ASET TETAP DAN ASET HAK GUNA (lanjutan) 16. FIXED ASSETS AND RIGHT-OF USE OFF ASSETS (continued)
2023
Dampak
Saldo awal/ akuisisi/
Beginning Penambahan/ Pengurang/ Reklasifikasi/ Revaluasi/ Acquisition Saldo akhir/
balance Additions Deduction Reclassification Revaluation impact Ending balance
Biaya perolehan/Cost
Tanah/Land 945.010 - - - (1.950) - 943.060
Bangunan/Buildings 203.402 320 - - - - 203.722
Peralatan kantor/
Office equipment 575.282 41.084 - - - - 616.366
Kendaraan bermotor/
Motor vehicles 50.516 13.746 12.552 - - - 51.710
1.774.210 55.150 12.552 - (1.950) - 1.814.858
Aset dalam penyelesaian/
Construction in progress 681 115 - - - - 796
Aset hak guna/
Right of use assets 231.232 76.779 13.178 - - - 294.833
2.006.123 132.044 25.730 - (1.950) - 2.110.487
Akumulasi penyusutan/
Accumulated depreciation
Bangunan/Buildings 116.296 9.179 - - - - 125.475
Peralatan kantor/
Office equipment 496.093 49.526 - - - - 545.619
Kendaraan bermotor/
Motor vehicles 24.616 7.426 12.552 - - 19.490
637.005 66.131 12.552 - - - 690.584
Aset hak guna/
Right of use assets 109.460 66.219 10.045 - - - 165.634
746.465 132.350 22.597 - - - 856.218
Nilai buku neto/Net book value 1.259.658 1.254.269
Aset hak guna per 31 Desember 2024 dan 2023 adalah sebagai Right of use assets as of December 31, 2024 and 2023 are as
berikut: follows:
2024
Saldo awal/ Dampak akuisisi/
Beginning Penambahan/ Pengurangan/ Acquisition Saldo akhir/
balance Additions Deduction impact Ending balance
Biaya perolehan Cost
Aset hak guna Right of use assets
Bangunan 225.804 60.859 32.047 9.678 264.294 Buildings
Peralatan kantor 37.471 - 3.067 32.748 67.152 Office equipment
Kendaraan 31.558 - 13.617 683 18.624 Motor vehicles
294.833 60.859 48.731 43.109 350.070
Akumulasi penyusutan Accumulated depreciation
Aset hak guna Right of use assets
Bangunan 123.454 48.248 32.047 4.442 144.097 Buildings
Peralatan kantor 13.363 10.500 3.067 - 20.796 Office equipment
Kendaraan 28.817 8.846 13.617 11.922 35.968 Motor vehicles
165.634 67.594 48.731 16.364 200.861
Nilai buku 129.199 149.209 Net book value
74
Page 660
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
16. ASET TETAP DAN ASET HAK GUNA (lanjutan) 16. FIXED ASSETS AND RIGHT-OF USE OFF ASSETS (continued)
2023
Saldo awal/
Beginning Penambahan/ Pengurangan/ Reklasifikasi/ Saldo akhir/
balance Additions Deduction Reclassification Ending balance
Biaya perolehan Cost
Aset hak guna Right of use assets
Bangunan 188.065 42.019 4.280 - 225.804 Buildings
Peralatan kantor 10.737 34.672 7.938 - 37.471 Office equipment
Kendaraan 32.430 88 960 - 31.558 Motor vehicles
231.232 76.779 13.178 - 294.833
Akumulasi penyusutan Accumulated depreciation
Aset hak guna Right of use assets
Bangunan 86.080 41.654 4.280 - 123.454 Buildings
Peralatan kantor 5.990 12.178 4.805 - 13.363 Office equipment
Kendaraan 17.390 12.387 960 - 28.817 Motor vehicles
109.460 66.219 10.045 - 165.634
Nilai buku 121.772 129.199 Net book value
Tanah merupakan Sertifikat Hak Guna Bangunan (SHGB), Land represents Building Rights Title (SHGB), Strata Title
Sertifikat Hak Milik atas Satuan Rumah Susun (SHMASRS) dan (SHMASRS) and Freehold Title (SHM) of 181,840 m2. SHGB
Sertifikat Hak Milik (SHM) seluas 181.848 m2. SHGB dan and SHMASRS were obtained for a maximum period of 30 years
SHMASRS diberikan untuk periode maksimum 30 tahun dan dapat and may be extended.
diperbarui.
Beban penyusutan untuk tahun yang berakhir pada tanggal 31 Depreciation expense for the years ended December 31, 2024
Desember 2024 dan 2023, masing-masing sebesar Rp139.278 and 2023 amounted to Rp139,278 and Rp132,350 respectively
dan Rp132.350 (Catatan 37). (Note 37).
Pada tanggal 31 Desember 2024, Grup melakukan penilaian On December 31, 2024, the Group conducted a revaluation of
kembali (revaluasi) atas aset tetap tanah untuk tujuan akuntansi. land fixed assets for accounting purposes. For accounting
Untuk tujuan akuntansi, Grup telah mengubah kebijakan akuntansi purposes, The Group has changed its accounting policy for land
untuk pengukuran tanah menjadi model revaluasian dari measurement to a revaluation model from the previous cost
sebelumnya menggunakan model biaya. Grup mencatat kenaikan model. The Group recorded increase from revaluation amounting
dari revaluasi aset tetap sebesar Rp122.248. Kenaikan dan to Rp122,248. The increase and decrease in the carrying
penurunan nilai tercatat yang timbul dari revaluasi dicatat sebagai amount arising from the revaluation are recorded as "Surplus
“Surplus Revaluasi Aset Tetap”, dan disajikan dalam penghasilan Revaluation of Fixed Assets", and are presented in other
komprehensif lain. comprehensive income.
Penilaian dilakukan sesuai dengan ketentuan dari Kode Etik Appraisals are performed based on Indonesian Appraisers
Penilai Indonesia dan Standar Penilaian Indonesia (KEPI & SPI) Ethics Code and Indonesian Appraise Standards (KEPI & SPI)
serta Peraturan No.VIII.C.4 tentang Pedoman Penilaian dan and Regulation No.VIII.C.4 concerning the Guidance on
Penyajian Laporan Penilaian di Pasar Modal, ditentukan Valuation and Presentation for the Appraisal Report on the
berdasarkan transaksi pasar terkini dan dilakukan dengan Capital Market based on references from recent market
ketentuan-ketentuan yang lazim dan menggunakan pendekatan transactions and ensue within the clause.
penilaian.
Dalam pengukuran nilai wajar tanah, Penilai Independen In fair value measurement of land, the Independent Appraisers
memperhitungkan kemampuan peserta pasar untuk menghasilkan counts market participant’s ability to generate economic benefits
manfaat ekonomi dengan penggunaan tertinggi dan terbaik atas by using the assets in its highest and best use or by selling it to
aset atau dengan menjual aset ke peserta pasar lain yang akan another market participant that would use the asset in its highest
menggunakan aset pada kondisi tertinggi dan penggunaan terbaik. and best use. The valuation method used by the Independent
Metode penilaian yang digunakan oleh Penilai Independen adalah Appraiser is market approach.
pendekatan pasar.
Berdasarkan laporan penilaian dari Kantor Jasa Penilai Publik Based on appraisal report of “Kantor Jasa Penilai Publik (KJPP)
(KJPP) Satria Iskandar Setiawan dan Rekan tanggal 31 Desember Satria Iskandar Setiawan and Partner dated December 31, 2024
2024 dan 12 Januari 2024 dan KJPP Edi Adesta dan Rekan and January 12, 2024 and KJPP Edi Adesta and Partner dated
tanggal 25 Februari 2025 nilai wajar atas aset tetap yang dimiliki February 25, 2025 the valuation of fixed assets owned by the
Grup pada tanggal 31 Desember 2024 dan 2023 adalah sebesar Groups as of December 31, 2024 and 2023 amounted
Rp1.240.664 dan Rp943.060. Rp1,240,664 and Rp943,060 respectively.
Pada tanggal 31 Desember 2024 dan 2023, jika tanah diukur On December 31, 2023 and 2024 if land is measured by cost
dengan metode biaya, nilai tercatatnya sebesar Rp309.125 dan method, its carrying value is Rp309,125 and Rp133,768.
Rp133.768.
75
Page 661
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
16. ASET TETAP DAN ASET HAK GUNA (lanjutan) 16. FIXED ASSETS AND RIGHT-OF USE OFF ASSETS (continued)
Aset tetap, kecuali tanah, pada tanggal 31 Desember 2024 dan All fixed assets, except land were insured against fire, riot,
2023 diasuransikan terhadap risiko kebakaran, kerusuhan, accident, and theft risks as of December 31, 2024 and 2023 for
kecelakaan, dan pencurian dengan jumlah pertanggungan masing- insurance coverage amounting to Rp1,787,361 and Rp1,152,326
masing sebesar Rp1.787.361 dan Rp1.152.326. Manajemen respectively. Management believes that the insurance coverage
berpendapat bahwa nilai pertanggungan tersebut cukup untuk is adequate to cover possible losses form the assets for insured
menutup kemungkinan kerugian atas aset yang dipertanggungkan. risks.
Manajemen berkeyakinan bahwa tidak terdapat penurunan nilai Management believes that there is no impairment in the value of
aset tetap yang dimiliki Grup sebagaimana dimaksud dalam PSAK fixed assets owned by The Group during the year as described
236 selama tahun berjalan, karena manajemen berpendapat in PSAK 236, because management believes that the carrying
bahwa nilai tercatat aset tetap tidak melebihi estimasi nilai yang amounts of fixed assets do not exceed the estimated
dapat diperoleh kembali. recoverable amount.
Rincian aset dalam penyelesaian adalah sebagai berikut: The details of construction in progress are as follows:
Persentase
penyelesaian/
Percentage of Akumulasi biaya/ Estimasi penyelesaian/
Jenis aset / Type of asset completion Accumulated cost Estimated completion
31 Desember/ Bangunan/Buildings 81% 23.624 2025
December 31, 2024
31 Desember/ Bangunan/Buildings 3% 796 2025
December 31, 2023
Jumlah tercatat bruto dari aset tetap yang telah disusutkan penuh The gross carrying amount of fixed assets that have been fully
namun masih digunakan dalam usaha adalah sebagai berikut: depreciated but still in use in operations are as follows:
2024 2023
Bangunan 30.008 21.010 Buildings
Peralatan kantor 467.019 456.357 Office equipment
Kendaraan bermotor 7.905 7.006 Motor vehicle
Jumlah 504.932 484.373 Total
Pada tanggal 31 Desember 2024 dan 2023, tidak terdapat aset As of December 31, 2024 and 2023, there were no fixed assets
tetap yang dijadikan jaminan. pledged as collateral.
2024 2023
Harga jual 1.542 5.608 Proceed
Nilai buku 72 - Book value
Laba penjualan aset tetap 1.470 5.608 Gain from sale of fixed assets
17. ASET TAKBERWUJUD 17. INTANGIBLE ASSETS
Aset takberwujud terdiri dari: Intangible assets consist of the following:
2024 2023
Merek dagang 136.397 - Trademarks
Perangkat lunak 13.651 23.444 Software
Goodwill 12.898 - Goodwill
Jumlah 162.946 23.444 Total
Perangkat lunak Software
2024
Saldo awal/ Dampak akuisisi/
Beginning Penambahan/ Pengurangan/ Acquisition Saldo akhir/
balance Additions Deduction impact Ending balance
Harga perolehan 120.391 3.377 - 3.911 127.679 Acquisition cost
Akumulasi amortisasi (96.947) (13.190) - (3.891) (114.028) Accumulated amortization
23.444 13.651
76
Page 662
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
17. ASET TAKBERWUJUD 17. INTANGIBLE ASSETS
Perangkat lunak (lanjutan) Software (continued)
2023
Saldo awal/
Beginning Penambahan/ Pengurangan/ Reklasifikasi/ Saldo akhir/
balance Additions Deduction Reclassification Ending balance
Harga perolehan 103.137 17.254 - - 120.391 Acquisition cost
Akumulasi amortisasi (78.545) (18.402) - - (96.947) Accumulated amortization
24.592 23.444
Goodwill Goodwill
Pada bulan Oktober 2024, Grup telah mengakuisisi PT Bank In October 2024, the Group acquired PT Bank Pembangunan
Pembangunan Daerah Nusa Tenggara Barat Syariah (NTBS). Atas Daerah Nusa Tenggara Barat Syariah (NTBS). As a result of this
transaksi ini, Grup memperoleh goodwill dan aset takberwujud acquisition, the Group recognised goodwill and certain intangible
tertentu berupa merek dagang (Catatan 42). assets, such as trademarks (Note 42).
Tidak ada penurunan nilai goodwill yang diidentifikasi. No impairment of the goodwill was identified.
18. ASET LAIN-LAIN 18. OTHER ASSETS
2024 2023
Beban yang ditangguhkan 18.952 15.861 Deferred charges
Persediaan alat tulis kantor dan barang cetakan 38.623 22.264 Office stationery and printed form
Lainnya 275.043 342.022 Others
Jumlah 332.618 380.147 Total
Beban yang ditangguhkan merupakan beban atas biaya pendirian Deferred charges represent costs related to the establishment of
kantor, renovasi gedung dan jaringan telekomunikasi. Beban offices, building renovations and telecommunication network.
ditangguhkan diamortisasi selama masa sewa tanah atau gedung Deferred charges are amortized over the land or building lease
dengan menggunakan metode garis lurus. period using the straight-line method.
Lainnya termasuk rekening perantara valuta asing dan rekening Others included currency intermediate account and suspense
tunda. account.
19. LIABILITAS SEGERA 19. OBLIGATIONS DUE IMMEDIATELY
2024 2023
Transfer, inkaso dan kliring 212.970 308.136 Transfer and cheques pending collection and clearing
Beban sudah efektif harus dibayar 210.454 73.803 Amount involving expenses payable
Penerimaan yang akan diperhitungkan 170.343 150.838 Acceptance pending settlement
ATM Bersama - 21.013 ATM Bersama
Lain-lain 320.936 433.814 Others
Jumlah 914.703 987.604 Total
Penerimaan dana yang akan diperhitungkan merupakan titipan Acceptance pending settlement represents funds received for
dana untuk pembayaran pajak on-line, pembayaran telepon, the payment of on-line tax, payment of telephone, payment of
pembayaran PBB dan lain-lain. land and building tax and others.
Beban sudah efektif harus dibayar merupakan beban yang masih Others included currency intermediate account and suspense
harus dibayar atas listrik, telepon, BPJS dan lain-lain. account.
Liabilitas lainnya meliputi rekening kontrol, utang pembelian dan Other liabilities include control account, purchase payable and
lainnya. others.
Seluruh liabilitas segera pada tanggal 31 Desember 2024 dan All of obligations due immediately as of December 31, 2024 and
2023 adalah dalam mata uang Rupiah. 2023 are in Rupiah currency.
77
Page 663
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
20. SIMPANAN DARI NASABAH 20. DEPOSITS FROM CUSTOMERS
a. Berdasarkan segmen, mata uang dan jenis a. By segment, currency and type
2024 2023
Konvensional Conventional
Rupiah Rupiah
Giro 18.806.072 20.745.629 Current accounts
Tabungan 30.445.349 27.965.047 Savings
Deposito berjangka 25.169.856 26.757.226 Time deposits
74.421.277 75.467.902
Mata uang asing Foreign currencies
Giro 5.888 4.522 Current accounts
Tabungan 44.807 51.253 Savings
Deposito berjangka 96.178 70.627 Time deposits
146.873 126.402
Jumlah Konvensional 74.568.150 75.594.304 Total Konvensional
Syariah Sharia
Rupiah Rupiah
Giro 232.875 174.426 Current accounts
Tabungan 255.813 81.125 Savings
488.688 255.551
Jumlah Syariah 488.688 255.551 Total Syariah
Jumlah 75.056.838 75.849.855 Total
Perincian simpanan nasabah berdasarkan mata uang adalah Deposits from customers based on currencies are as follows:
sebagai berikut:
2024 2023
Nosional mata Nosional mata
uang asing/ Ekuivalen Ekuivalen uang asing/
Notional Rupiah/ Rupiah/ Notional
foreign Rupiah Rupiah foreign
currencies equivalent equivalent currencies
Rupiah 74.909.965 75.723.453 Rupiah
Mata uang asing Foreign currencies
Dolar Amerika Serikat 8.667.539 139.504 119.736 7.776.580 United States Dollar
Dolar Singapura 493.312 5.843 5.868 502.569 Singapore Dollar
Yen Jepang 746.799 77 33 303.086 Japanese Yen
Dolar Hongkong 9.985 20 - - Hongkong Dollar
Dolar Australia 23.915 239 1 95 Australia Dollar
Euro 71.031 1.190 764 44.841 Euro
146.873 126.402
Jumlah 75.056.838 75.849.855 Total
b. Berdasarkan hubungan b. By relationship
2024 2023
Pihak berelasi Related parties
Konvensional Conventional
Rupiah Rupiah
Giro 11.908.060 12.231.559 Current accounts
Tabungan 51.221 56.755 Savings
Deposito berjangka 269.839 350.180 Time deposits
Deposit on call 34.900 1.500 Deposit on call
12.264.020 12.639.994
Mata uang asing Foreign currencies
Giro 695 666 Current accounts
Tabungan 209 1.206 Savings
Deposito berjangka 2.852 2.623 Time deposits
3.756 4.495
Syariah Sharia
Rupiah Rupiah
Giro 967 - Current accounts
Tabungan 99 49 Savings
1.066 49
Sub jumlah 12.268.842 12.644.538 Sub total
78
Page 664
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
20. SIMPANAN DARI NASABAH (lanjutan) 20. DEPOSITS FROM CUSTOMERS (continued)
b. Berdasarkan hubungan (lanjutan) b. By relationship (continued)
2024 2023
Pihak ketiga Third parties
Konvensional Conventional
Rupiah Rupiah
Giro 6.898.012 8.514.070 Current accounts
Tabungan 30.394.128 27.908.292 Savings
Deposito berjangka 24.506.487 26.242.346 Time deposits
Deposit on call 358.630 163.200 Deposit on call
62.157.257 62.827.908
Mata uang asing Foreign currencies
Giro 5.193 3.856 Current accounts
Tabungan 44.598 50.047 Savings
Deposito berjangka 93.326 68.004 Time deposits
143.117 121.907
Syariah Sharia
Rupiah Rupiah
Giro 231.908 174.377 Current accounts
Tabungan 255.714 81.125 Savings
487.622 255.502
Sub jumlah 62.787.996 63.205.317 Sub total
Jumlah 75.056.838 75.849.855 Total
- -
c. Deposito berjangka dan deposit on call berdasarkan jangka c. Time deposits and deposit on call by contractual period
waktu kontrak
2024 2023
Rupiah Rupiah
- 1 bulan 10.124.116 13.528.703 - 1 month
- 2 bulan 201.069 217.270 - 2 months
- 3 bulan 5.858.878 5.393.406 - 3 months
- 6 bulan 8.205.446 432.388 - 6 months
- 12 bulan 337.301 6.963.367 - 12 months
- 18 bulan 28.893 38.837 - 18 months
- 24 bulan 20.528 17.795 - 24 months
Deposit on call 393.530 760 Deposit on call
Jatuh tempo 95 164.700 Matured
25.169.856 26.757.226
Mata uang asing Foreign currencies
- 1 bulan 84.342 66.064 - 1 month
- 3 bulan 10.309 3.725 - 3 months
- 6 bulan 968 721 - 6 months
- 12 bulan 559 117 - 12 months
96.178 70.627
Jumlah 25.266.034 26.827.853 Total
- -
d. Deposito berjangka dan deposit on call berdasarkan sisa d. Time deposits and deposit on call by maturity
jangka waktu
2024 2023
Rupiah Rupiah
- Kurang dari atau sama dengan 1 bulan 11.507.582 15.245.542 Less than or until 1 month -
- Lebih dari 1-3 bulan 8.573.517 4.213.137 More than 1-3 months -
- Lebih dari 3-6 bulan 4.471.058 267.153 More than 3-6 months -
- Lebih dari 6-12 bulan 195.520 6.809.714 More than 6-12 months -
- Lebih dari 12-18 bulan 14.486 42.633 More than 12-18 months -
- Lebih dari 18-24 bulan 14.068 13.587 More than 18-24 months -
Deposit on call 393.530 164.700 Deposit on call
Jatuh tempo 95 760 Matured
25.169.856 26.757.226
79
Page 665
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
20. SIMPANAN DARI NASABAH (lanjutan) 20. DEPOSITS FROM CUSTOMERS (continued)
d. Deposito berjangka berdasarkan sisa jangka waktu (lanjutan) d. Time deposits by maturity (continued)
2024 2023
Mata uang asing Foreign currencies
- Kurang dari atau sama dengan 1 bulan 84.969 67.025 Less than or until 1 month -
- Lebih dari 1-3 bulan 9.971 2.795 More than 1-3 months -
- Lebih dari 3-6 bulan 678 762 More than 3-6 months -
- Lebih dari 6-12 bulan 559 45 More than 6-12 months -
96.178 70.627
Jumlah 25.266.034 26.827.853 Total
- -
e. Simpanan yang diblokir dan dijadikan jaminan e. Deposits blocked and pledged as collateral
2024 2023
Giro 32.101 - Current accounts
Tabungan 112.617 - Savings
Deposito berjangka 255.665 203.926 Time deposits
Setoran jaminan 9.129 - Security deposits
Jumlah 409.512 203.926 Total
f. Tingkat suku bunga dan bagi hasil per tahun f. Annual interest rates and profit sharing
2024 2023
Konvensional Conventional
Rupiah Rupiah
Giro 0,84% 0,90% Current accounts
Tabungan 0,86% 0,85% Savings
Deposito berjangka 5,33% 4,67% Time deposits
Mata uang asing Foreign currencies
Giro 0,08% 0,13% Current accounts
Tabungan 0,14% 0,14% Savings
Deposito berjangka 1,74% 0,52% Time deposits
Syariah Sharia
Rupiah Rupiah
Giro 0,05% 0,06% Current accounts
Tabungan 0,85% 0,81% Savings
Deposito berjangka 3,79% 4,45% Time deposits
21. SIMPANAN DARI BANK LAIN 21. DEPOSITS FROM CUSTOMERS
a. Berdasarkan segmen, mata uang dan jenis a. By segment, currency and type
2024 2023
Konvensional Conventional
Rupiah Rupiah
Giro 81.501 104.215 Current accounts
Tabungan 459.178 545.647 Savings
Deposito berjangka 105.427 136.056 Time deposits
Interbank call money 30.000 1.770.000 Interbank call money
676.106 2.555.918
Mata uang asing Foreign currencies
Interbank call money 48.285 - Interbank call money
Syariah Sharia
Rupiah Rupiah
Giro 9.383 4.403 Current accounts
Jumlah 733.774 2.560.321 Total
80
Page 666
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
21. SIMPANAN DARI BANK LAIN (lanjutan) 21. DEPOSITS FROM CUSTOMERS (continued)
a. Berdasarkan segmen, mata uang dan jenis (lanjutan) a. By segment, currency and type (continued)
Perincian simpanan dari bank lain berdasarkan mata uang Deposits from other banks based on currencies are as follows:
adalah sebagai berikut:
2024 2023
Rupiah 685.489 2.560.321 Rupiah
Mata uang asing Foreign currencies
Dolar Amerika Serikat 48.285 - United States Dollar
Jumlah 733.774 2.560.321 Total
- -
b. Berdasarkan hubungan b. By relationship
2024 2023
Pihak Berelasi Related parties
Konvensional Conventional
Rupiah Rupiah
Giro 83 921 Current accounts
Tabungan 44.210 55.743 Savings
Deposito berjangka 30 30 Time deposits
Sub jumlah 44.323 56.694 Sub total
Pihak ketiga Third parties
Konvensional Conventional
Rupiah Rupiah
Giro 81.418 103.294 Current accounts
Tabungan 414.968 489.904 Savings
Deposito berjangka 105.397 136.026 Time deposits
Interbank call money 30.000 1.770.000 Interbank call money
Mata uang asing Foreign currencies
Interbank call money 48.285 - Interbank call money
Syariah Sharia
Rupiah Rupiah
Giro 9.383 4.403 Curent accounts
Sub jumlah 689.451 2.503.627 Sub total
Jumlah 733.774 2.560.321 Total
- -
c. Deposito berjangka berdasarkan jangka waktu kontrak c. Time deposits by contractual period
2024 2023
< 1 bulan 84.347 103.596 < 1 month
1 - < 3 bulan 1.700 - 1 - < 3 months
3 - < 6 bulan 10.350 22.700 3 - < 6 months
6 - < 12 bulan 30 60 6 - < 12 months
> 12 bulan 9.000 9.700 > 12 months
Interbank call money 78.285 1.770.000 Interbank call money
Jumlah 183.712 1.906.056 Total
- -
d. Deposito berjangka berdasarkan sisa jangka waktu d. Time deposits by maturity
2024 2023
< 1 bulan 86.427 106.926 < 1 month
1 - < 3 bulan 10.470 19.370 1 - < 3 months
3 - < 6 bulan 30 1.060 3 - < 6 months
6 - < 12 bulan 8.000 8.200 6 - < 12 months
> 12 bulan 500 500 > 12 months
Interbank call money 78.285 1.770.000 Interbank call money
Jumlah 183.712 1.906.056 Total
- -
81
Page 667
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
21. SIMPANAN DARI BANK LAIN (lanjutan) 21. DEPOSITS FROM CUSTOMERS (continued)
e. Simpanan yang diblokir dan dijadikan jaminan e. Deposits blocked and pledged as collateral
2024 2023
Giro 32.101 5.908 Current accounts
Tabungan 112.617 40 Savings
Deposito berjangka 255.665 203.926 Time deposits
Setoran jaminan 9.129 - Security deposits
Jumlah 409.512 209.874 Total
f. Tingkat suku bunga dan bagi hasil per tahun f. Annual interest rates and profit sharing
2024 2023
Konvensional Conventional
Rupiah 2,18% 2,16% Rupiah
Syariah Sharia
Rupiah 0,89% 1,11% Rupiah
s
22. LIABILITAS SURAT BERHARGA YANG DIJUAL DENGAN JANJI 22. LIABILITIES OF MARKETABLE SECURITIES SOLD UNDER
DIBELI KEMBALI REPURCHASE AGREEMENT
Tidak terdapat liabilitas atas surat berharga yang dijual dengan There were no liabilities of marketable securities sold under
janji dibeli kembali dengan pihak berelasi. repurchase agreement with related parties.
2024
Beban bunga
yang belum
Nilai beli diamortisasi/
kembali/ Unamortized Nilai tercatat/
Pihak lawan/ Jenis sekuritas/ Nilai nominal/ Repurchase interest Carrying
Counterpart Type of securities Nominal value value expenses value
`
Bank Indonesia Surat Utang Negara/Government bonds 5.000.000 4.833.138 3.052 4.830.086
Sekuritas Rupiah Bank Indonesia/
Bank Indonesia 1.300.000 1.263.763 442 1.263.321
Bank Indonesia Rupiah Securities
PT Bank Pembangunan Daerah Surat Utang Negara/
600.000 566.684 202 566.482
Kalimantan Timur Government bonds
PT Bank Negara Indonesia (Persero) Tbk Surat Utang Negara/Government bonds 500.000 460.928 988 459.940
PT Bank Mandiri (Persero) Tbk Surat Utang Negara/Government bonds 350.000 325.863 521 325.342
Surat Berharga Syariah Negara/
Bank Indonesia 300.000 277.262 240 277.022
Government sharia securities
PT Bank HSBC Indonesia Surat Utang Negara/Government bonds 295.000 274.368 195 274.173
PT Bank ICBC Indonesia Surat Utang Negara/Government bonds 300.000 283.342 101 283.241
PT Bank Pembangunan Daerah Bengkulu Surat Utang Negara/Government bonds 225.000 217.619 52 217.567
PT Bank DKI Surat Utang Negara/Government bonds 200.000 189.036 202 188.834
PT Bank SMBC Indonesia Tbk Surat Utang Negara/Government bonds 100.000 94.442 84 94.358
9.170.000 8.786.445 6.079 8.780.366
82
Page 668
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
22. LIABILITAS SURAT BERHARGA YANG DIJUAL DENGAN JANJI 22. LIABILITIES OF MARKETABLE SECURITIES SOLD UNDER
DIBELI KEMBALI (lanjutan) REPURCHASE AGREEMENT (continued)
2023
Beban bunga
yang belum
Nilai beli diamortisasi/
kembali/ Unamortized Nilai tercatat/
Pihak lawan/ Jenis sekuritas/ Nilai nominal/ Repurchase interest Carrying
Counterpart Type of securities Nominal value value expenses value
Surat Berharga Syariah Negara/
Bank Indonesia 2.000.000 1.906.013 706 1.905.307
Government sharia securities
PT Bank Pembangunan Daerah
Surat Utang Negara/Government bonds 1.950.000 1.867.747 555 1.867.192
Kalimantan Timur dan Kalimantan Utara
PT Bank Rakyat Indonesia (Persero) Tbk Surat Utang Negara/Government bonds 1.600.000 1.501.917 471 1.501.446
Bank Indonesia Surat Utang Negara/Government bonds 1.000.000 980.483 418 980.065
PT Bank Nationalnobu Tbk Surat Utang Negara/Government bonds 750.000 732.525 430 732.095
PT Bank Mandiri (Persero) Tbk Surat Utang Negara/Government bonds 400.000 401.841 139 401.702
PT Bank Pembangunan Daerah
Surat Utang Negara/Government bonds 300.000 307.326 159 307.167
Sulawesi Utara Gorontalo
PT Bank Central Asia Tbk Surat Utang Negara/Government bonds 200.000 190.701 68 190.633
PT Bank Pembangunan Daerah
Surat Utang Negara/Government bonds 30.000 29.567 11 29.556
Kalimantan Tengah
8.230.000 7.918.120 2.957 7.915.163
Tidak terdapat liabilitas atas surat berharga yang dijual dengan There were no liabilities of marketable securities sold under
janji dibeli kembali dengan pihak berelasi. repurchase agreement with related parties.
Jangka waktu atas liabilitas surat berharga yang dijual dengan janji The term of liabilities for marketable securities sold under
dibeli kembali dikategorikan sebagai kurang dari 1 (satu) bulan. repurchase agreement is categorized as less than 1 (one) month.
23. SURAT BERHARGA YANG DITERBITKAN 23. SECURITIES ISSUED
2024
Sertifikat Investasi Mudharabah Antarbank Interbank Mudharabah Investment Certificate
PT Bank Aceh Syariah 100.000 PT Bank Aceh Syariah
Sertifikat Pengelolaan Dana berdasarkan Certificate of Funds Management Based On
Prinsip Syariah Antarbank Interbank Sharia Principle
Badan Pengelola Tabungan Perumahan Rakyat 2.389 Badan Pengelola Tabungan Perumahan Rakyat
Jumlah 102.389 Total
Seluruh surat berharga diterbitkan oleh Entitas Anak dan dalam All securities issued by Subsidiary and in Rupiah
mata uang Rupiah.
24. PINJAMAN YANG DITERIMA 24. BORROWINGS
2024 2023
KPR Fasilitas Likuiditas Pembiayaan Perumahan (FLPP) 655.619 - KPR - Housing Financing Liquidity Facility (FLPP)
Kementerian Pekerjaan Umum dan Perumahan Ministry of Public Works and Housing
Rakyat (PUPR) Republik Indonesia 510.785 490.810 of the Republic of Indonesia
Badan Pengelola Keuangan Haji (BPKH) 200.000 - Badan Pengelola Keuangan Haji (BPKH)
PT Sarana Multigriya Finansial (Persero) 99.817 66.821 PT Sarana Multigriya Finansial (Persero)
Lembaga Pengelola Dana Bergulir Koperasi, Lembaga Pengelola Dana Bergulir Koperasi,
Usaha Mikro, Kecil dan Menengah (LPDB-KUMKM) - 39.253 Usaha Mikro, Kecil dan Menengah (LPDB-KUMKM)
Pemerintah Provinsi Jawa Timur - 93 Government of East Java Province
Lainnya 61.311 - Others
Jumlah 1.527.532 596.977 Total
Seluruh pinjaman yang diterima adalah dari pihak ketiga dan All borrowings are from third parties and in Rupiah.
dalam mata uang Rupiah.
83
Page 669
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
24. PINJAMAN YANG DITERIMA (lanjutan) 24. BORROWINGS (continued)
a. KPR Fasilitas Likuiditas Pembiayaan Perumahan (FLPP) a. KPR Facilities Liquidity Housing Finance (FLPP)
Pada tanggal 6 Januari 2022, NTBS telah menandatangani On January 6, 2022, NTBS has signed an Operational
perjanjian Kerjasama Operasional (PKO) dengan BP Tapera Cooperation Agreement (PKO) with BP Tapera No.32/PKS/BP-
No.32/PKS/BPTPR/I/1/2022 dan SPJ/0006/11/50/2022 tentang TPR/I/1/2022 and SPJ/0006/11/50/2022 regarding the
Penyaluran Dana Fasilitas Likuiditas Pembiayaan Perumahan Distribution of Liquidity Facility Funds for Housing Financing
melalui kredit kepemilikan rumah sejahtera bagi masyarakat through Prosperous homeownership credit for low income
berpenghasilan rendah selama 12 bulan. Fasilitas pembiayaan people for 12 months. This financing facility is disbursed with a
ini disalurkan dengan tarif margin maksimal 5% bersifat tetap maximum margin rate of 5% which is fixed using the annuity
dengan metode perhitungan margin annuitas dan jangka waktu margin calculation method and a maximum period of 20 years.
maksimal 20 tahun.
Dalam hal ini NTBS menyatakan minat untuk menyalurkan PPR In this case, NTBS expressed margin in distributing PPR FLPP
FLPP kepada BP Tapera dengan nominal kurang lebih to BP Tapera with a nominal value of approximately Rp208,000
Rp208.000 atau setara dengan 1.600 unit rumah berdasarkan or equivalent to 1,600 housing units based on letter of interest
surat minat No.SBA/4420/11/50/2021 tanggal 24 Desember No.SBA/4420/11/50/2021 dated December 24, 2021. The
2021. Mekanisme penyaluran menggunakan system reimburse distribution mechanism uses a reimbursement system with an
dengan pola executing selama jangka waktu maksimal 20 executing pattern for a maximum period of 20 years with a 75%
tahun dengan porsi dana 75% (BP Tapera) dan 25% (NTBS), portion of funds (BP Tapera) and 25% (NTBS), as well as
serta perhitungan tarif margin sebesar 4,5% (NTBS) dan 0,5% calculation of margin rates of 4.5% (NTBS) and 0.5% (BP
(BP Tapera). Tapera).
Perjanjian kerjasama tersebut selanjutnya akan diperpanjang, The cooperation agreement will then be extended,will continue
tetap berlangsung dan mengikat sepanjang masih terdapat and be binding as long as there areobligations of one party to
kewajiban salah satu pihak kepada pihak lainnya. the other.
Terdapat penambahan pencairan dana FLPP untuk 34 unit There is an additional disbursement of FLPP funds for 34 KPR
KPR dengan nominal Rp4.063 berdasarkan pengajuan units with a nominal value of Rp4,063, based on the application
Pencairan Dana Fasilitas FLPP surat for disbursement of FLPP Facility Funds letter
No.20230328/TGH/128/00323 SMF tanggal 28 Maret 2023 dan No.20230328/TGH/128/00323 SMF dated March 28, 2023, and
berdasarkan lembar hasil pengujian KPR FLPP tahun 2023 based on the 2023 KPR FLPP test result sheet
No.0283.FLPP/S/BP-TPR/I.3/3/2023 tanggal 29 Maret 2023. No.0283.FLPP/S/BP-TPR/I.3/3/2023, March 29, 2023.
Realisasi tahun 2024 untuk 314 unit KPR dengan nominal Realization in 2024 for 314 KPR units with a nominal value of
Rp53.730 dengan porsi dana FLPP 75% sebesar Rp40.297 dan Rp53,730 with a 75% FLPP fund portion of Rp40,297 and a 25%
porsi dana NTBS 25% sebesar Rp13.432. NTBS's fund portion of Rp13,432.
b. Kementerian PUPR b. Ministry of Public Works and Housing
Pusat Pengelolaan Dana Pembiayaan Perumahan (PPDPP) Fund Management Center of Housing Financing (PPDPP) from
Kementerian PUPR Republik Indonesia bekerjasama dengan the Ministry of General Works and Public Housing of the
Bank dalam hal program Penyaluran Dana Fasilitas Likuiditas Republic of Indonesia in colaboration with The Group disburse
Pembiayaan Perumahan (FLPP) melalui kredit/pembiayaan the Liquidity Facility of Housing Financing (FLPP) through
pemilikan rumah sejahtera/rumah sejahtera syariah bagi loan/financing of housing for sharia prosperous house for low-
masyarakat berpenghasilan rendah dengan tingkat bunga income communities with an interest rate maximum of 0.5% for
sebesar 0,5% maksimal untuk biaya provisi dari nilai KPR KPR Sejahtera FLPP provision fee. KPR Sejahtera FLPP has a
Sejahtera FLPP. Jangka waktu KPR Sejahtera FLPP paling maximum term of 20 (twenty) years. The term of the operational
lama 20 (dua puluh) tahun. Jangka waktu perjanjian kerjasama cooperation agreement is starting from January 1, 2021 until
operasional adalah mulai tanggal 1 Januari 2021 sampai December 31, 2021 and as the latest amendment has been
dengan tanggal 31 Desember 2021 dan sebagaimana extended from January 1, 2023 until December 31, 2023.
perubahan terakhir telah diperpanjang mulai tanggal 1 Januari
2023 sampai dengan tanggal 31 Desember 2023.
Atas kerjasama ini, Grup mengelola penyalurannya menjadi dua For this collaboration, the Group manages its distribution into
bagian yaitu konvensional dan syariah dengan PKS Syariah two parts, namely conventional and sharia with the Sharia PKS
No.71/PKS/BP-TPR/I/12/2022 dan No.061/290/DIR/BIS/PKS. No.71/PKS/BP-TPR/I/12/2022 and No.061/290DIR/BIS/PKS.
Sedangkan PKS konvensional No.82/PKS/BP-TPR/I/12/2022 While the conventional PKS No.82/PKS/BP-TPR/I/12/2022 and
dan No.061/290/DIR/KKR/PKS. Atas kerjasama tersebut, Grup No.061/290/DIR/KKR/PKS. For the cooperation, the Group are
diwajibkan untuk menyampaikan rekening koran dana kelolaan required to submit managed fund and operational account
dan rekening operasional paling lambat tanggal 5 dan 16 setiap statements no later than the 5th and 16th of each month. As of
bulannya. Pada 31 Desember 2024 dan 31 Desember 2023, the December 31, 2024 and December 31,2023, the Group has
Grup telah menyalurkan kredit FLPP masing-masing sebesar disbursed FLPP loans amounting to Rp197,086 and Rp194,934.
Rp197.086 dan Rp194.934.
84
Page 670
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
24. PINJAMAN YANG DITERIMA (lanjutan) 24. BORROWINGS (continued)
c. Badan Pengelola Keuangan Haji (BPKH) c. Badan Pengelola Keuangan Haji (BPKH)
Pada tahun 2020, NTBS telah merubah sebagaian sumber In 2020, NTBS has changed part of the source of funds from
dana dari dana pihak ketiga produk Deposito iB Amanah third party funds for the iB Amanah Deposit product into the
menjadi skema pinjaman yang diterima. Skema tersebut telah borrowings scheme. The scheme has been running with the
berjalan dengan penandatanganan akad antara NTBS dengan signing of a contract between NTBS and the Hajj Financial
Badan Pengelolaan Keuangan Haji (BPKH) tentang Akad Management Agency (BPKH) regarding the Mudharabah
Pembiayaan Mudharabah Muqqayadah pada tanggal 8 Muqqayadah Financing Agreement on December 8, 2020, with
Desember 2020 dengan No.24/BPKH/XII/2020 No.24/BPKH/XII/2020 No.PJ.01/13/70/60/0275/2020 and a
No.PJ.01/13/70/60/0275/2020 dan fasilitas pembiyaan sebesar financing facility of Rp1,000,000 with a tenor of 5 years until
Rp1.000.000 dengan tenor jangka waktu 5 tahun sampai 2025. The underlying financing is specifically for Murabah,
dengan tahun 2025. Underlying pembiayaan tersebut yang Wakalah, Ijarah, IMBT and MMQ contracts.
transaksinya khusus hanya dengan akad Murabah, Wakalah,
Ijarah, IMBT dan MMQ.
Realisasi tahun 2024 merupakan tahun keempat pelunasan Realization in 2024 is the third year of repayment of the four
termin keempat pembiayaan yang diterima sebesar 20% dari term of financing received by 20% of the total loan received of
total pinjaman yang diterima Rp1.000.000 yaitu sebesar Rp1,000,000, which is Rp. 200,000, so that the borrowings
Rp200.000 sehingga saldo pinjaman yang diterima menjadi balance becomes Rp200,000.
sebesar Rp200.000.
d. PT Sarana Multigriya Finansial (Persero) d. PT Sarana Multigriya Finansial (Persero)
Dana Multigriya Finasial merupakan fasilitas pembiayaan Dana Multigriya Financial is a financing facility with a portion of
dengan porsi 25% KPR FLPP yang diterima dari PT Sarana 25% FLPP mortgages received from PT Sarana Multigriya
Multrigriya Finansial (Persero) untuk disalurkan dalam rangka Finansial (Persero) to be distributed in the context of housing
program pengadaan perumahan melalui Pembiayaan Pemilikan procurement programs through Prosperous Home Ownership
Rumah (PPR) Sejahtera bagi masyarakat berpenghasilan Financing (PPR) for low-income people with a margit rate of
rendah dengan tingkat margin 4,45%. Jangka waktu fasilitas 4.45%. The term of the portion financing facility is from April 1,
pembiayaan porsi adalah mulai 1 April 2020 sampai dengan 31 2020 to December 31, 2020 in accordance with PKS
Desember 2020 sesuai dengan PKS No.058A/AKAD/SMF- No.058A/AKAD/SMF-BJTMS/IV/2022 and
BJTMS/IV/2022 dan No.059/059/DIR/BIS/PKS. Grup harus No.059/059/DIR/BIS/PKS. The Group must submit the audited
menyerahkan laporan keuangan konsolidasian yang diaudit consolidated financial statements no later than 120 days after
selambat-lambatnya 120 hari sejak ditutupnya tahun buku. Grup the closing of the financial year. The Group may not
tidak boleh mengalihkan atau menyerahkan kepada pihak lain, transfer/hand over to other parties, partially or entirely of the
sebagian atau seluruhnya atas hak dan kewajiban yang timbul rights and obligations arising in connection with this loan
berkaitan dengan perjanjian pinjaman ini. agreement.
e. Lembaga Pengelola Dana Bergulir Koperasi, Usaha Mikro, e. Lembaga Pengelola Dana Bergulir Koperasi, Usaha, Mikro,
Kecil, dan Menengan (LPDB-KUMKM) Kecil, dan Menengah (LPDB-KUMKM)
Sesuai Perjanjian Pinjaman No.26 tanggal 13 September 2019, According to Credit Agreement No.26 dated September
Bank menerima pinjaman dari LPDB-KUMKM yang berupa 13,2019, the Bank received borrowing facilities from LPDB-
fasilitas pembiayaan maksimal Rp200.000, untuk disalurkan KUMKM represents revolving funds financing facility in the form
kepada Usaha Mikro, Kecil dan Menengah (UMKM) yang of a maximum of Rp200,000 to be distributed to Small and
tersebar di wilayah kerja Bank dan telah ditetapkan sesuai Medium Enterprises (SMEs) which scattered in the work area of
dengan daftar definitif. Tingkat suku bunga yang diberikan dari the Bank and has been determined in accordance with the
LPDB ke Bank sebesar 5% dan suku bunga dari Bank ke definitive list. The interest rate given from LPDB h for Bank is
Usaha Mikro dan menengah maksimal 7% pertahun. 5% and from Bank for micro, small, and medium business is a
maximum 7% for annum.
Penyaluran pembiayaan yang diberikan adalah pola executing The distributing patterns of financing provided is executing a
dengan jangka waktu 60 (enam puluh) bulan atau 5 (lima) tahun pattern with a period of 60 (sixty) months or 5 (five) years from
terhitung sejak pencairan. the disbursement.
Bank harus menyerahkan daftar piutang sehat yang dimiliki The Bank must submit a list of healthy receivables owned by the
Bank yang menjadi jaminan fidusia setiap 6 bulan minimal Bank which is a fiduciary guarantee every 6 months at least
100% dari outstanding pinjaman. 100% of the outstanding loan.
Bank menjaminkan kreditnya kepada LPDB-KUMKM dengan The Bank pledged its loan as collateral to LPDB-KUMKM with a
nilai minimal 100% dari outstanding pinjaman yang menjadi minimum value of 100% of the outstanding loan which is a
jaminan fidusia. Pada 31 Desember 2024 dan 2023 Bank fiduciary guarantee. As of December 31,2024 and 2023 the
memiliki sisa pinjaman sebesar Rp191.251 dan Rp38.250. Bank has outstanding loan of Rp191,251 and Rp38,250. If
Apabila dalam jangka waktu pinjaman terdapat penurunan during the loan period there is a decrease in the quality of the
kualitas piutang yang dijaminkan maka Bank wajib mengganti collateralized loan, the Bank is obliged to replace it with new,
dengan piutang baru yang sehat. performing loans.
85
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The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
24. PINJAMAN YANG DITERIMA (lanjutan) 24. BORROWINGS (continued)
f. Pemerintah Provinsi Jawa Timur f. Government of East Java Province
Berdasarkan perjanjian awal dengan Pemerintah Provinsi Jawa Based on the initial agreement with the East Java Provincial
Timur No.518/2110.1/021/2016 dengan plafon sebesar Government No.518/2110.1/021/2016 with a ceiling of
Rp400.000. Bank bekerja sama dengan jangka waktu dua Rp400,000. The Bank cooperates with a period of two years. In
tahun. Pada tahun 2016, telah dilakukan adendum I terhadap 2016, an addendum I to this cooperation was carried out with
kerja sama ini dengan nomor kerja sama yaitu the cooperation number No.518/10501.1/021/2016 stating the
No.518/10506.1/2016 yang menyatakan perpanjangan kerja extension of cooperation until December 2018. Then, in 2017,
sama hingga Desember 2018. Lalu pada tahun 2017 dilakukan addendum II to the cooperation was carried out wit the
adendum II atas kerjasama tersebut dengan nomor kerja sama cooperation number No.518/8104.1/021.3/2017 stating the
yaitu No.518/8104-1/021.3/2017 yang menyatakan extension of cooperation until July 2019.
perpanjangan kerja sama hingga Juli 2019.
Kerja sama ini ditujukan untuk kerjasama guna penyaluran This cooperation is intended for cooperation to distribute
dana bergulir sebagai tambahan modal kerja bagi usaha kecil, revolving funds as additional working capital for small, medium,
menengah, dan koperasi dengan tujuan mensukseskan and cooperative businesses with the aim of succeeding the East
Program Pemerintah Provinsi Jawa Timur dalam rangka Java Provincial Government Program in order to increase
meningkatkan kegiatan Usaha Ekonomi Produktif Usaha Kecil Productive Economic Business activities of Small and Medium
Menengah dan Korporasi. Enterprises and Corporations.
Berdasarkan perjanjian yang telah disepakati, Bank telah Based on the agreement, the Bank has repaid its debt to the
melunasi utangnya kepada Pemerintah Provinsi Jawa Timur. East Java Provincial Government. This refers to Bank Note
Hal ini merujuk pada nota bank No.058/180/KMP/KRP/GRK/SRT with a repatment amount of
No.058/180/KMP/KRP/GRK/SRT dengan jumlah pelunasan Rp331,006. This repayment was made on July 25, 2019.
Rp331.006. Pelunasan ini dilakukan pada tanggal 25 Juli 2019.
25. PERPAJAKAN 25. TAXATION
a. Piutang pajak a. Tax receivables
2024 2023
Bank Bank
Pajak penghasilan pasal 21 24.896 - Income tax - article 21
Pajak penghasilan pasal 28 42.378 - Income tax - article 28
Lain-lain - 777 Others
Entitas Anak - - Subsidiary
Total 67.274 777 Total
b. Utang pajak b. Taxes payable
2024 2023
Utang pajak kini Current taxes payable
Bank - 20.951 Bank
Entitas Anak 13.125 - Subsidiary
Sub jumlah utang pajak kini 13.125 20.951 Sub total current taxes payable
Utang pajak lainnya Other taxes payable
Bank Bank
Pajak penghasilan pasal 25 48.482 59.450 Income tax - article 25
Pajak penghasilan pasal 21 1.649 48.108 Income tax - article 21
Pajak penghasilan pasal 23 698 875 Income tax - article 23
Pajak penghasilan pasal 4 ayat (2) 14.209 13.446 Income tax articles 4 verse (2)
Lain-lain 447 415 Others
65.485 122.294
Entitas Anak Subsidiary
Pajak penghasilan pasal 25 4.227 - Income tax - article 25
Pajak penghasilan pasal 21 663 - Income tax - article 21
Pajak penghasilan pasal 23 198 - Income tax - article 23
Pajak penghasilan pasal 4 ayat (2) 1.618 - Income tax articles 4 verse (2)
6.706 -
Sub jumlah utang pajak lainnya 72.191 122.294 Sub total other taxes payable
Jumlah 85.316 143.245 Total
86
Page 672
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
25. PERPAJAKAN (lanjutan) 25. TAXATION (continued)
c. Beban pajak penghasilan badan c. Corporate income tax expense
2024 2023
Beban pajak kini Current taxes expenses
Bank 274.748 399.474 Bank
Entitas Anak 24.054 - Subsidiary
298.802 399.474
Beban pajak tangguhan Deferred taxes expenses
Bank 95.461 23.164 Bank
Entitas Anak (7.364) - Subsidiary
88.097 23.164
Jumlah 386.899 422.638 Total
Seperti yang dijelaskan pada Catatan 2ab, pajak penghasilan As explained in Note 2ab, income tax for Bank and its
untuk Bank dan Entitas Anak dihitung untuk setiap perusahaan Subsidiary are calculated for each company as a separate legal
sebagai suatu badan hukum yang terpisah. entity.
d. Rekonsiliasi antara laba sebelum beban pajak yang disajikan d. The reconciliation between income before tax expense as
dalam laporan laba rugi dan penghasilan komprehensif lain shown in the consolidated statements of profit or loss and other
konsolidasian dengan taksiran laba kena pajak adalah sebagai comprehensive income and estimated taxable income is as
berikut: follows:
2024 2023
Laba konsolidasian sebelum beban pajak Consolidated income before tax expense
dan kepentingan non-pengendali 1.682.717 1.884.441 and non-controlling interest
Dikurangi: Laba sebelum beban pajak Less: Income before tax expense of
Entitas Anak - setelah eliminasi 31.392 - Subsidiry - after elimination
Laba konsolidasian sebelum beban pajak Consolidated income before tax expense
dan kepentingan non-pengendali - Bank saja 1.651.325 1.884.441 and non-controlling interest - Bank only
Ditambah (dikurangi) perbedaan tetap: Add (deduct) permanent differences:
Pajak 31.061 857 Taxes
Tanggung jawab sosial dan lingkungan, Social and environment responsibility,
sumbangan, promosi, rapat dan donation, promotion, meetings and
jamuan tamu dan lainnya 58.627 54.818 entertainment and others
Penyisihan kerugian penurunan nilai non kredit 22.054 61.282 Non loan provision for impairment losses
Hapus buku 7.798 - Write off
Lain-lain 60.550 120.376 Others
180.090 237.333
Ditambah (dikurangi) perbedaan temporer: Add (deduct) temporary differences:
Penyisihan kerugian penurunan nilai (329.001) 36.741 Provision for impairment losses
Cadangan jasa produksi 320.278 367.526 Provision for employee bonuses
Cadangan imbalan kerja (10.438) (8.342) Provision for employee benefit
Cadangan lainnya 16.578 (29.595) Other provision
Aset hak guna (15.263) 99 Right of use assets
Pembayaran jasa produksi (367.526) (385.706) Payment for employee bonuses
(385.372) (19.277)
Taksiran laba kena pajak 1.446.043 2.102.497 Estimated taxable income
Taksiran beban pajak kini Estimated current taxes expenses
Bank 274.748 399.474 Bank
Entitas Anak 24.054 - Subsidiary
Jumlah 298.802 399.474 Total
87
Page 673
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
25. PERPAJAKAN (lanjutan) 25. TAXATION (continued)
e. Perhitungan beban pajak adalah sebagai berikut: e. The computation of tax expense is as follows:
2024 2023
Laba konsolidasian sebelum beban pajak 1.682.717 1.884.441 Consolidated income before tax expense
Pajak dihitung dengan tarif pajak yang berlaku 313.752 358.044 Tax calculated at applicable tax rates
Dampak pajak penghasilan pada Bank: Income taxes effect of Bank:
Beban yang tidak dapat dikurangkan Expenses not deductible
untuk tujuan perpajakan 34.217 45.093 for tax purposes
Lain-lain 22.240 19.501 Others
56.457 64.594
Entitas Anak 16.690 - Subsidiary
Total dampak pajak penghasilan 73.147 64.594 Total tax effect
Beban pajak penghasilan 386.899 422.638 Income tax expenses
- -
f. Perhitungan utang pajak penghasilan badan adalah sebagai f. The analysis of corporate income tax payable is as follows:
berikut:
2024 2023
Bank Bank
Beban pajak tahun berjalan 274.748 399.474 Current year tax expense
Dikurangi: Less:
Pajak penghasilan - pasal 25 317.126 378.523 Income tax - article 25
Lebih (kurang) bayar pajak Over (under) payment of corporate
42.378 (20.951)
penghasilan badan (Catatan 25a dan 25b) income tax (Note 25a and 25b)
- -
Entitas Anak Subsidiary
Beban pajak tahun berjalan 78.554 - Current year tax expense
Dikurangi: Less:
Pajak penghasilan - pasal 25 65.387 - Income tax - article 25
Pajak penghasilan - pasal 23 42 - Income tax - article 23
Kurang bayar pajak Under payment of corporate
(13.125) -
penghasilan badan (Catatan 25b) income tax (Note 25b)
- -
g. Aset pajak tangguhan g. Deferred tax assets
2024
Penyesuaian
saldo awal dan
dampak
Dikreditkan ke akuisisi/
penghasilan Dikreditkan Beginning
komprehensif ke laporan balance
lain/ laba rugi/ adjustment
31 Desember/ Credited to other Credited to and 31 Desember/
December 31, comprehensive statement of acquisition December 31,
2023 income profit or loss impact 2024
Bank Bank
Cadangan jasa produksi 69.830 - (8.977) - 60.853 Provision for employee bonuses
Penyisihan kerugian Provision for losses
aset produktif 328.215 - (84.751) 4.913 248.377 on earning assets
Rugi yang belum direalisasi Unrealized loss on
atas aset keuangan financial assets
yang diukur pada nilai wajar measured at fair
melalui penghasilan value through other
komprehensif lain 15.002 20.206 - - 35.208 comprehensive income
Cadangan lainnya 7.758 - 3.149 - 10.907 Others provision
Aset hak guna (995) - (2.900) - (3.895) Right of use assets
Cadangan imbalan kerja 52.313 3.847 (1.982) - 54.178 Provision for employee benefit
Aset pajak tangguhan - Deferred tax assets -
472.123 24.053 (95.461) 4.913 405.628
Bank saja Bank only
Entitas Anak Subsidiary
Aset pajak tangguhan - (219) 7.364 25.618 32.763 Deferred tax assets
Aset pajak tangguhan Consolidated
472.123 23.834 (88.097) 30.531 438.391
konsolidasian deferred tax assets
88
Page 674
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
25. PERPAJAKAN (lanjutan) 25. TAXATION (continued)
g. Aset pajak tangguhan (lanjutan) g. Deferred tax assets (continued)
2023
Dikreditkan ke
penghasilan Dikreditkan
komprehensif ke laporan Penyesuaian
lain/ laba rugi/ saldo awal/
31 Desember/ Credited to other Credited to Beginning 31 Desember/
December 31, comprehensive statement of balance December 31,
2022 income profit or loss adjustment 2023
Cadangan jasa produksi 73.284 - (3.454) - 69.830 Provision for employee bonuses
Penyisihan kerugian Provision for losses
aset produktif 340.736 - 6.981 (19.502) 328.215 on earning assets
Rugi yang belum direalisasi Unrealized loss on
atas aset keuangan financial assets
yang diukur pada nilai wajar measured at fair
melalui penghasilan value through other
komprehensif lain 26.986 (11.984) - - 15.002 comprehensive income
Cadangan lainnya 13.381 - (5.623) - 7.758 Others provision
Aset hak guna (1.014) - 19 - (995) Right of use assets
Cadangan imbalan kerja 48.865 5.033 (1.585) - 52.313 Provision for employee benefit
Aset pajak tangguhan 502.238 (6.951) (3.662) (19.502) 472.123 Deferred tax assets
Sesuai dengan ketentuan peralihan dalam Peraturan Menteri Based on the transitional provisions in the Regulation of the
Keuangan Republik Indonesia Nomor 74 Tahun 2024, Bank Minister of Finance of the Republic of Indonesia Number 74 of
telah melaksanakan perhitungan nilai tercatat cadangan piutang 2024, Bank has calculated the carrying value of the allowance
tak tertagih untuk awal tahun fiskal 2024 dan selisih sebesar for doubtful accounts for the beginning of the fiscal year 2024,
Rp352.455 diakui sebagai beban seluruhnya untuk tahun fiskal and the difference of Rp352,455 recognised as an expenses in
2024. Terkait dengan hal tersebut, aset pajak tangguhan yang full for the fiscal year 2024. In relation to the above, deferred tax
diakui Bank pada tahun fiskal 2024 sebesar Rp66.967. assets recognised by the Bank in the fiscal year 2024 amounted
to Rp66,967.
h. Perubahan tarif pajak h. Changes in tax rate
Berdasarkan pasal 17 ayat 2 Undang-undang No.7 tahun 1983 Under article 17, paragraph 2 of Law No.7 year 1983 regarding
mengenai “Pajak Penghasilan” yang telah diubah untuk “Income Tax” which has been amended for the fourth time with
keempat kalinya dengan Undang-undang No.36 tahun 2008, the Law No.36 year 2008, the corporate income tax rate is 25%.
tarif Pajak Penghasilan Badan sebesar 25%. Namun demikian However, based on Law No.36 year 2008 dated September 23,
berdasarkan Undang-undang No.36 tahun 2008 tanggal 23 2008, Government Regulation No.81 year 2007 dated December
September 2008, Peraturan Pemerintah No.81 tahun 2007 28, 2007 regarding “Reduction on Income Tax Rate for
tanggal 28 Desember 2007 tentang “Penurunan Tarif Pajak Domestic Listed Companies” and the Ministry of Finance
Penghasilan Bagi Wajib Pajak Badan Dalam Negeri yang Regulation No.238/PMK.03/2008 dated December 30, 2008
Berbentuk Perseroan Terbuka” dan Peraturan Menteri regarding “Implementation and Monitoring Procedures for
Keuangan No.238/PMK.03/2008 tanggal 30 Desember 2008 Granting Reduction Rates for Domestic Listed Companies”.
tentang “Tata Cara Pelaksanaan dan Pengawasan Pemberian
Penurunan Tarif Bagi Wajib Pajak Badan Dalam Negeri yang
Berbentuk Perseroan Terbuka”.
Pada akhir tahun 2013, Peraturan Pemerintah No.81 Tahun At end of 2013, Government Regulation No.81 Year 2007 dated
2007 tanggal 28 Desember 2007 telah diubah dengan December 28, 2007 was amended by Government Regulation
Peraturan Pemerintah (PP) No.77 Tahun 2013 tanggal 21 (PP) No.77 Year 2013 dated November 21, 2013 which was
November 2013 yang kemudian diubah dengan Peraturan amended with Government Regulation (PP) No.56 Year 2015
Pemerintah (PP) No.56 Tahun 2015 tanggal 3 Agustus 2015 dated August 3, 2015 regarding “Reduction on Income Tax Rate
tentang “Penurunan Tarif Pajak Penghasilan Bagi Wajib Pajak for Domestic Listed Companies”, which regulates that domestic
Badan Dalam Negeri yang Berbentuk Perseroan Terbuka”, yang listed companies can obtain reduction on income tax rate at 5%
mengatur bahwa wajib pajak dalam negeri yang berbentuk (five percent) lower than income tax rate of domestic companies
perseroan terbuka dapat memperoleh penurunan tarif pajak tax payers if the following criterias are met:
penghasilan sebesar 5% (lima persen) lebih rendah dari tarif
pajak penghasilan wajib pajak badan dalam negeri bila
memenuhi persyaratan sebagai berikut:
89
Page 675
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
25. PERPAJAKAN (lanjutan) 25. TAXATION (continued)
h. Perubahan tarif pajak (lanjutan) h. Changes in tax rate (continued)
(a) paling sedikit 40% (empat puluh persen) dari jumlah (a) at least 40% (fourty percent) of the total issued shares are
keseluruhan saham yang disetor dicatat untuk diperdagangkan traded in Indonesia Stock Exchange, (b) the shares are owned
di Bursa Efek Indonesia, (b) saham tersebut harus dimiliki oleh by at least 300 parties, (c) each party can only own lower than
paling sedikit 300 pihak, (c) masing-masing pihak tersebut 5% (five percent) of the total issued and fully paid shares, and
hanya boleh memiliki saham kurang dari 5% (lima persen) dari (d) the above requirements must be fulfilled at the minimum of
keseluruhan saham ditempatkan dan disetor penuh, dan (d) 183 (one hundred eighty three) calendar days in a period of 1
ketentuan sebagaimana dimaksud di atas harus dipenuhi dalam (one) fiscal year. Regulation on application and supervision of
waktu paling singkat 183 (seratus delapan puluh tiga) hari the reduction on income tax rate will be provided in the
kalender dalam jangka waktu 1 (satu) tahun pajak. Ketentuan Government Regulation.
mengenai tata cara pelaksanaan dan pengawasan pemberian
penurunan tarif pajak penghasilan di atas akan diatur dengan
Peraturan Pemerintah (PP).
Pada 18 Mei 2020, Presiden Republik Indonesia mengeluaran On May 18, 2020, the President of the Republic of Indonesia
Undang-udang Nomor 2 Tahun 2020 tentang Penetapan issued Law Number 2 of 2020 concerning the Stipulation of
Peraturan Pemerintah Pengganti Undang-Undang Nomor 1 Government Regulation in Lieu of Law Number 1 of 2020
Tahun 2020 tentang Kebijakan Keuangan Negara dan Stabilitas concerning State Financial Policy and Financial System Stability
Sistem Keuangan untuk Penanganan Pandemi Corona Virus for Handling the Corona Virus Disease 2019 (Covid-19)
Disease 2019 (Covid-19) dan/atau Dalam Rangka Menghadapi Pandemic and/ or In the Context of Facing Threats that
Ancaman yang Membahayakan Perekonomian Nasional Endanger the National Economy and/or Financial System
dan/atau Stabilitas Sistem Keuangan Menjadi Undang-Undang Stability to Become Law. Article 5 states that there is an
pasal 5 menyebutkan bahwa adanya penyesuaian tarif Pajak adjustment in the income tax rate for domestic corporate
Penghasilan Wajib Pajak Badan dalam negeri dan bentuk taxpayers and permanent establishments to become (a) 22%
usaha tetap menjadi (a) sebesar 22% (dua puluh dua persen) (twenty two percent) which applies in the 2020 Fiscal Year and
yang berlaku pada Tahun Pajak 2020 dan Tahun Pajak 2021. 2021 Fiscal Year. Then it changes to (b) 20 % (twenty percent)
Kemudian berubah menjadi (b) sebessar 20% (dua puluh which will take effect in the 2022 Fiscal Year. In article 5
persen) yang mulai berlaku pada Tahun Pajak 2022. Pada paragraph 2 for domestic Taxpayers in the form of Public
pasal 5 ayat 2 bagi Wajib Pajak dalam negeri berbentuk Companies with the total number of paid-up shares traded on
Perseroan Terbuka dengan jumlah keseluruhan saham yang the stock exchange in Indonesia at least 40% (forty percent),
disetor diperdagangkan pada bursa efek di Indonesia paling and fulfilling certain requirements may obtain a tariff of 3% (three
sedikit 40% (empat puluh persen), dan memenuhi persyaratan percent) lower than the rate referred to in letters (a) and (b).
tertentu dapat memperoleh tarif 3% (tiga persen) lebih rendah
dari tarif yang dimaksud pada huruf (a) dan (b).
Pada tanggal 29 Oktober 2021, Presiden Republik Indonesia On October 29, 2021, the President of the Republic of Indonesia
mengeluarkan Undang- Undang Nomor 7 Tahun 2021 tentang issued Law Number 7 of 2021 concerning Harmonization of Tax
Harmonisasi Peraturan Perpajakan dengan tarif Wajib Pajak Regulations with a tax rate for domestic entities and permanent
badan dalam negeri dan bentuk usaha tetap sebesar 22% yang establishments of 22% which will take effect in the 2022 fiscal
mulai berlaku pada tahun pajak 2022. Wajib Pajak badan dalam year. Domestic corporate taxpayers are in the form of (a) a
negeri berbentuk (a) perseroan terbuka, (b) jumlah keseluruhan public company, (b) the total number of paid-up shares is traded
saham yang disetor diperdagangkan pada bursa efek di on the stock exchange in Indonesia at least 40% and (c) fulfilling
Indonesia paling sedikit 40% dan (c) memenuhi persyaratan certain requirements can obtain a rate of 3% lower than the rate
tertentu dapah memperoleh tarif sebesar 3% lebih rendah dari referred to. In this regard, it is regulated by Government
tarif yang sebagaimana dimaksud. Terkait hal tersebut, diatur Regulation (PP) Number 55 of 2022 concerning Adjustment of
oleh Peraturan Pemerintah (PP) Nomor 55 Tahun 2022 tentang Arrangements in the Income Tax Sector which states that the
Penyesuaian Pengaturan di Bidang Pajak Penghasilan yang domestic income tax rate and permanent establishment is (a)
menyebutkan bahwa tarif pajak penghasilan dalam negeri dan 22% which applies in the 2020 and 2021 Fiscal Years and (b)
bentuk usaha tetap adalah sebesar (a) 22% yang berlaku pada 22% which will take effect in the 2022 tax year (in accordance
Tahun Pajak 2020 dan 2021 dan(b) 22% yang mulai berlaku with the provisions of Law number 7 of 2021 concerning
pada Tahun pajak 2022 (sesuai dengan ketentuan Undang- Harmonization of Tax Regulations).
undang nomor 7 Tahun 2021 tentang Harmonisasi Peraturan
Perpajakan).
Wajib pajak badan dalam negeri adalah berbentuk (a) Domestic corporate taxpayers are in the form of (a) a public
perseroan terbuka, (b) dengan jumlah keseluruhan saham yang company, (b) with the total number of paid-up shares traded on
disetor diperdagangkan pada bursa efek di Indonesia paling the stock exchange in Indonesia at a minimum of 40% and (c)
rendah 40% dan (c) memenuhi persyaratan tertentu dapat fulfilling certain requirements can obtain a rate of 3% lower than
memperoleh tarif sebesar 3% lebih rendah dari tarif yang the rate stipulated as referred to above. The specific
sebagaimana dimaksud diatas. Persyaratan tertentu yang requirements referred to are (a) shares must be owned by at
dimaksud adalah (a) saham harus dimiliki oleh paling sedikit least 300 parties, (b) each party can only own shares of less
300 pihak, (b) masing-masing pihak hanya boleh memiliki than 5% of the total issued and fully paid shares, (c) the above
saham kurang dari 5% dari keseluruhan saham yang requirements must be fulfilled at the minimum of 183 (one
ditempatkan dan disetor penuh, (c) ketentuan sebagaimana hundred eighty three) calendar days in a period of 1 (one) fiscal
dimaksud diatas harus dipenuhi dalam jangka waktu paling year.
singkat 183 hari kalender dalam jangka waktu 1 tahun pajak.
90
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The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
25. PERPAJAKAN (lanjutan) 25. TAXATION (continued)
h. Perubahan tarif pajak (lanjutan) h. Changes in tax rate (continued)
Berdasarkan surat keterangan No.DE/I/2025-0196 tanggal 6 Based on Letter No.DE/I/2025-0196 dated January 6, 2025
Januari 2025 tentang laporan bulanan kepemilikan saham regarding the monthly report of shares ownerships, form of
berupa Lampiran POJK No.10/POJK.04/2020 dari Biro Attachment to POJK No.10/POJK.04/2020 from the Securities
Administrasi Efek, Datindo Entrycom atas kepemilikan saham Administration Agency (Biro Administrasi Efek), Datindo
Bank selama tahun 2024, semua kriteria di atas untuk Entrycom on the ownership of Bank’s shares during 2024, all of
memperoleh fasilitas penurunan tarif pajak tersebut atas the above mentioned required criteria to obtain the tax rate
laporan keuangan untuk tahun yang berakhir pada tanggal 31 reduction on financial statements for the year ended December
Desember 2024 telah dipenuhi. 31, 2024 were fulfilled by Bank.
Manajemen akan terus melakukan pemantauan terkait Management will continue to monitor related to meeting the tariff
pemenuhan persyaratan penurunan tarif sebagaimana reduction requirements as mentioned above. Management
disebutkan di atas. Manajemen berkeyakinan bahwa Bank telah believes that the Bank has fulfill all the requirements to obtain
memenuhi semua persyaratan untuk memperoleh fasilitas the reduction on income tax rate facility.
penurunan tarif pajak penghasilan.
Sehubungan dengan hal tersebut, pajak penghasilan badan In relation with the matter above, corporate income tax for the
untuk posisi 31 Desember 2024 telah dihitung menggunakan position of December 31, 2024 has been calculated using a tax
tarif pajak 19%. rate of 19%.
26. BEBAN YANG MASIH HARUS DIBAYAR 26. ACCRUED EXPENSES
2024 2023
Cadangan jasa produksi 342.296 367.526 Employee bonuses
Bunga 100.304 137.222 Interest
Jumlah 442.600 504.748 Total
27. LIABILITAS LAIN-LAIN 27. OTHER LIABILITIES
2024 2023
Rupiah Rupiah
Cadangan imbalan kerja (Catatan 44) 361.955 275.329 Provision of employee benefit (Note 44)
Setoran jaminan 96.488 116.650 Security deposits
Liabilitas sewa 32.160 29.538 Lease liabilities
Pokok kredit penerusan yang diterima 7.336 8.303 Principal - channeling loans received
Bunga kredit penerusan yang diterima 3.589 3.582 Interest - channeling loans received
Estimasi kerugian komitmen dan kontinjensi 1.221 3.450 Estimated losses on commitments and contingencies
Provisi dan administrasi kredit 12 15 Provision and credit administration
Lainnya 35.756 4.657 Others
538.517 441.524
Mata uang asing Foreign currencies
Lainnya 270.739 337.790 Other
270.739 337.790
Jumlah 809.256 779.314 Total
Estimasi kerugian komitmen dan kontinjensi adalah sebagai Estimated losses on commitments and contingencies are as
berikut: follows:
2024
Tahap 1/ Tahap 2/ Tahap 3/ Jumlah/
Stage 1 Stage 2 Stage 3 Total
Saldo awal tahun 3.450 - - 3.450 Balance at beginning of year
Pemulihan tahun berjalan (2.229) - - (2.229) Recovery during the year
Saldo akhir tahun 1.221 - - 1.221 Balance at end of year
2023
Tahap 1/ Tahap 2/ Tahap 3/ Jumlah/
Stage 1 Stage 2 Stage 3 Total
Saldo awal tahun 3.020 - - 3.020 Balance at beginning of year
Penyisihan tahun berjalan 430 - - 430 Provision during the year
Saldo akhir tahun 3.450 - - 3.450 Balance at end of year
91
Page 677
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
28. DANA SYIRKAH TEMPORER 28. TEMPORARY SYIRKAH FUNDS
a. Berdasarkan segmen, jenis dan hubungan a. By segment, type and relationsip
2024 2023
Bukan Bank Non-Bank
Pihak berelasi Related parties
Giro mudharabah 1.176.763 - Mudharabah current accounts
Tabungan mudharabah 11.117 1.485 Mudharabah savings
Deposito mudharabah 5.411 2.279 Mudharabah deposits
Pihak ketiga Third parties
Giro mudharabah 443.967 1.786 Mudharabah current accounts
Tabungan mudharabah 4.616.467 716.986 Mudharabah savings
Deposito mudharabah 8.705.048 1.624.519 Mudharabah deposits
Sub-jumlah 14.958.773 2.347.055 Sub-total
Bank Bank
Pihak ketiga Third parties
Giro mudharabah 5.766 - Mudharabah current accounts
Tabungan mudharabah 111.275 15.722 Mudharabah savings
Deposito mudharabah 13.500 3.700 Mudharabah deposits
Sub-jumlah 130.541 19.422 Sub-total
Jumlah 15.089.314 2.366.477 Total
b. Nisbah dan tingkat bagi hasil b. Ratio and profit sharing rate
2024 2023
Tingkat bagi Tingkat bagi
hasil/ hasil/
Nisbah/ Profit Nisbah/ Profit
Ratio sharing rate Ratio sharing rate
1 bulan 30,50% 2,81% 36,00% 3,66% 1 month
3 bulan 36,50% 3,33% 38,00% 3,86% 3 months
6 bulan 40,50% 3,69% 41,00% 4,16% 6 months
12 bulan 41,25% 3,77% 42,50% 4,32% 12 months
24 bulan 17,50% 1,51% - - 24 months
c. Deposito mudharabah berdasarkan jangka waktu kontrak c. Mudharabah deposits by contractual period
2024 2023
Bukan bank Non-bank
< 1 bulan 2.216.940 - < 1 month
1 - < 3 bulan 739.737 1.433.382 1 - < 3 months
3 - < 6 bulan 2.135.303 55.712 3 - < 6 months
6 - < 12 bulan 3.467.454 137.704 6 - < 12 months
> 12 bulan 151.025 - > 12 months
Jumlah 8.710.459 1.626.798 Total
Bank Bank
< 1 bulan 2.800 - < 1 month
1 - < 3 bulan 4.500 3.700 1 - < 3 months
3 - < 6 bulan 1.700 - 3 - < 6 months
6 - < 12 bulan 2.000 - 6 - < 12 months
> 12 bulan 2.500 - > 12 months
Jumlah 13.500 3.700 Total
92
Page 678
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
28. DANA SYIRKAH TEMPORER (lanjutan) 28. TEMPORARY SYIRKAH FUNDS (continued)
d. Deposito mudharabah berdasarkan sisa jangka waktu d. Mudharabah deposits by maturity
2024 2023
Bukan bank Non bank
< 1 bulan 2.300.892 1.453.147 < 1 month
1 - < 3 bulan 1.707.645 60.815 1 - < 3 months
3 - < 6 bulan 1.923.277 28.070 3 - < 6 months
6 - < 12 bulan 2.764.620 84.766 6 - < 12 months
> 12 bulan 14.024 - > 12 months
Jumlah 8.710.459 1.626.798 Total
Bank Bank
< 1 bulan 4.300 2.500 < 1 month
1 - < 3 bulan 4.700 1.200 1 - < 3 months
3 - < 6 bulan 4.500 - 3 - < 6 months
Jumlah 13.500 3.700 Total
29 KEPENTINGAN NON-PENGENDALI ATAS ASET BERSIH 29 NON-CONTROLLING INTERESTS IN NET ASSETS OF
ENTITAS ANAK YANG DIKONSOLIDASI CONSOLIDATED SUBSIDIARY
Akun ini merupakan kepentingan non-pengendali atas aset bersih This account non-controlling interest in net assets of consolidated
Entitas Anak yang dikonsolidasi sebagai berikut: Subsidiary are as follows:
2024
PT Bank Pembangunan Daerah PT Bank Pembangunan Daerah
Nusa Tenggara Barat Syariah ("NTBS") 2.087.447 Nusa Tenggara Barat Syariah ("NTBS")
Pada tanggal 31 Desember 2024 kepemilikan kepentingan non- As of December 31, 2024, the ownership of non-controlling
pengendali atas NTBS adalah sebesar 95,91%. interests in NTBS is 95.91%.
Ringkasan informasi keuangan NTBS disajikan berdasarkan nilai The summarized financial information of NTBS is presented based
sebelum eliminasi antar perusahaan. on the value before intercompany elimination.
Ringkasan laporan posisi keuangan: Summary of statement of financial position:
2024
Total aset 16.119.568 Total assets
Total liabilitas 1.687.647 Total liabilities
Total dana syirkah temporer 12.393.879 Total syirkah funds
Total ekuitas 2.038.042 Total equity
Ekuitas yang diatribusikan Attributable equity to
kepada kepentingan non-pengendali 2.087.447 non-controlling interest
Ringkasan laporan laba rugi dan penghasilan komprehensif lain: Summary of statement of profit or loss and other comprehensive
income:
2024
Laba operasional 288.016 Income from operation
Laba sebelum beban pajak 294.418 Income before tax expense
Beban pajak - neto (78.549) Tax expense - net
Laba tahun berjalan 215.869 Net income for the year
Penghasilan komprehensif lain tahun berjalan Other comprehensive income for the year
setelah pajak penghasilan 122.080 net of income tax
Jumlah penghasilan komprehensif tahun berjalan 337.949 Total comprehensive income for the year
Ringkasan laporan arus kas: Summary of statement of cash flows:
2024
Aktivitas operasi 408.880 Operating activities
Aktivitas investasi (214.537) Investing activities
Aktivitas pendanaan (58.503) Financing activities
Kenaikan neto kas dan setara kas 135.840 Net increase in cash and cash equivalens
93
Page 679
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
30. MODAL SAHAM 30. SHARE CAPITAL
Pemegang saham Bank, jumlah saham yang ditempatkan dan The Bank’s shareholders, the number of authorized, issued and
disetor, dan saldo yang terkait pada tanggal 31 Desember 2024 paid-up shares and the related balances as of December 31, 2024
dan 2023, adalah sebagai berikut: and 2023 were as follows:
a. Modal dasar a. Authorized capital
Modal dasar Bank pada tanggal 31 Desember 2024 dan 2023 The Bank’s authorized capital as of December 31, 2024 and
adalah sebagai berikut: 2023 were as follows:
Jumlah
Number of Rupiah/
shares Rupiah
Saham Seri A 24.000.000.000 6.000.000 Series A Shares
Saham Seri B 12.000.000.000 3.000.000 Series B Shares
Jumlah 36.000.000.000 9.000.000 Total
Saham Seri A dan Seri B, masing-masing dengan nilai nominal Series A and B shares with par value of Rp250 per share (full
Rp250 per saham (Rupiah penuh). Rupiah).
- Modal dasar Bank semula adalah sebesar Rp2.500.000 yang - The previous authorized capital of the Bank was Rp2,500,000
terbagi atas Rp2.250.000 saham seri A dan Rp250.000 saham which consisted of Rp2,250,000 series A shares and Rp250,000
seri B dengan nominal per lembar saham Rp1 berdasarkan akta series B shares with par value of Rp1 based on deed No.56
No.56 tanggal 17 April 2008 dan disahkan oleh Notaris Untung dated April 17, 2008, and was legalized by Notary of Untung
Darnosoewirjo, S.H. Modal dasar ditingkatkan menjadi Darnosoewirjo, S.H. The authorized capital was increased to be
Rp9.000.000 yang terbagi atas Rp6.000.000 saham seri A dan Rp9,000,000 which consisted of Rp6,000,000 series A shares
Rp3.000.000 saham seri B dengan nilai nominal per lembar and Rp3,000,000 series B shares with par value of Rp250 (full
saham Rp250 (Rupiah penuh). Terkait dengan peningkatan Rupiah). In relation to the increase in authorised capital, the
modal dasar tersebut, Bank telah memperoleh persetujuan Bank has obtained approval to amend The Bank's Articles of
perubahan Anggaran Dasar dari Menteri Hukum dan Hak Asasi Association from the Ministry of Law and Human Rights of the
Manusia Republik Indonesia No.AHU-22728.AH.01.02.Tahun Republic of Indonesia No.AHU-22728.AH.01.02.Tahun 2012
2012 pada tanggal 30 April 2012. dated April 30, 2012.
- Berdasarkan Berita Acara Rapat Pemegang Saham Luar Biasa - Based on minutes of Extraordinary Meeting Shareholders’ No.19
No.19 tanggal 19 Maret 2012, sebagaimana dituangkan dalam dated March 19, 2012, as stated in Notarial Deed No.19 dated
Akta Notaris No.19 tanggal 19 Maret 2012, yang dibuat March 19, 2012 of Wachid Hasyim, S.H., the shareholders
dihadapan Notaris Wachid Hasyim, S.H., para pemegang agreed to convert the appropriated retained earnings of
saham menyetujui untuk mengkonversi saldo laba yang telah Rp1,310,000 to issued and fully paid capital after the authorized
ditentukan penggunaannya sebesar Rp1.310.000 ke modal capital of the Bank has been increased to be Rp9,000,000,
ditempatkan dan disetor penuh setelah modal dasar Bank proportionally based on the number of shares hold by each
ditingkatkan menjadi Rp9.000.000, secara proporsionil shareholders, at par value of Rp250 (full Rupiah) per share, and
berdasarkan jumlah saham yang dimiliki oleh masing-masing therefore the residual for which the amount is unable to be fully
pemegang saham dengan nilai nominal Rp250 (Rupiah penuh) divided by Rp250 (full Rupiah) are to be returned to esach
per lembar saham, sehingga sisa hasil konversi yang tidak shareholders.
habis dibagi Rp250 (Rupiah penuh) akan dikembalikan kepada
masing-masing pemegang saham.
- Pada tanggal 12 Juli 2012 saham Bank secara resmi telah - On July 12, 2012, the Bank shares have been officially listed on
tercatat di Bursa Efek Indonesia. Jumlah saham Bank yang the Indonesia Stock Exchange. Total shares of the Bank listed
tercatat di Bursa Efek Indonesia sebanyak 14.768.508.132 on the Indonesia Stock Exchange were 14,768,508,132 shares
saham atau 99% dari jumlah saham Bank. Saham yang tercatat or 99% of the total shares of the Bank. Listed shares are
merupakan saham seri A sebanyak 11.784.971.132 dan saham 11,784,971,132 series A shares and 2,983,537,000 Series B
seri B sebanyak 2.983.537.000 saham. Sementara 149.176.850 shares. While the 149,176,850 shares or 1% are not listed on
saham atau 1% sisanya tidak dicatatkan di Bursa Efek the Indonesia Stock Exchange to fulfill the Government
Indonesia untuk memenuhi Peraturan Pemerintah No.29 tahun Regulation No.29 of 1999 concerning Purchase of Shares of
1999 tentang Pembelian Saham Bank Umum. Commercial Banks.
b. Jumlah saham seri A yang ditempatkan dan disetor penuh pada b. Total issued and fully paid-up capital of series A shares as of
tanggal 31 Desember 2024 dan 2023 sebagai berikut (Rupiah December 31, 2024 and 2023, are as follows (full Rupiah):
penuh):
Pemecahan nilai nominal dari Rp1.000.000 per saham Stock split from Rp1,000,000 per share
menjadi Rp250 per saham 6.694.148.000 to be Rp250 per share
Konversi cadangan umum 5.239.999.982 General reserve conversion
Jumlah saham pada akhir tahun 11.934.147.982 Shares at end of year
c. Jumlah saham seri B yang ditempatkan dan disetor penuh pada c. Total issued and fully paid-up capital of series B shares as of
tanggal 31 Desember 2024 dan 2023 adalah 3.081.350.100 December 31, 2024 and 2023 are 3,081,350,100 shares (full
lembar saham (Rupiah penuh). Rupiah).
94
Page 680
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
30. MODAL SAHAM (lanjutan) 30. SHARE CAPITAL (continued)
d. Susunan pemegang saham d. Composition of shareholders
2024
Jumlah lembar saham/ Persentase kepemilikan/ Jumlah modal disetor/
Pemegang saham Number of shares Percentage of ownership Total paid-in capital Shareholders
Seri A Series A
Pemerintah Provinsi Jawa Timur 7.676.913.648 51,13% 1.919.228 Government of East Java Province
Pemerintah Kabupaten: Government of Regencies:
Kabupaten Sidoarjo 370.155.850 2,47% 92.539 Regency of Sidoarjo
Kabupaten Bojonegoro 300.288.632 2,00% 75.072 Regency of Bojonegoro
Kabupaten Banyuwangi 270.036.117 1,80% 67.509 Regency of Banyuwangi
Kabupaten Malang 253.635.445 1,69% 63.409 Regency of Malang
Kabupaten Gresik 220.213.170 1,47% 55.053 Regency of Gresik
Kabupaten Tuban 217.418.404 1,45% 54.355 Regency of Tuban
Kabupaten Ngawi 215.763.995 1,44% 53.941 Regency of Ngawi
Kabupaten Kediri 144.925.510 0,97% 36.231 Regency of Kediri
Kabupaten Sumenep 144.228.431 0,96% 36.057 Regency of Sumenep
Kabupaten Kraksaan 125.931.454 0,84% 31.483 Regency of Kraksaan
Kabupaten Jember 111.866.875 0,75% 27.967 Regency of Jember
Kabupaten Lamongan 101.318.315 0,67% 25.330 Regency of Lamongan
Kabupaten Sampang 101.175.235 0,67% 25.294 Regency of Sampang
Kabupaten Bondowoso 87.207.357 0,58% 21.802 Regency of Bondowoso
Kabupaten Trenggalek 84.640.532 0,56% 21.160 Regency of Trenggalek
Kabupaten Mojokerto 78.373.801 0,52% 19.593 Regency of Mojokerto
Kabupaten Nganjuk 77.217.854 0,51% 19.304 Regency of Nganjuk
Kabupaten Situbondo 76.374.593 0,51% 19.094 Regency of Situbondo
Kabupaten Tulungagung 70.697.975 0,47% 17.674 Regency of Tulungagung
Kabupaten Lumajang 67.206.045 0,45% 16.802 Regency of Lumajang
Kabupaten Pacitan 53.520.271 0,36% 13.380 Regency of Pacitan
Kabupaten Pasuruan 44.610.500 0,30% 11.153 Regency of Pasuruan
Kabupaten Pamekasan 40.592.928 0,27% 10.148 Regency of Pamekasan
Kabupaten Blitar 39.496.395 0,26% 9.874 Regency of Blitar
Kabupaten Bangkalan 36.793.459 0,25% 9.198 Regency of Bangkalan
Kabupaten Madiun 32.660.478 0,22% 8.165 Regency of Madiun
Kabupaten Jombang 26.792.899 0,18% 6.698 Regency of Jombang
Kabupaten Ponorogo 23.555.596 0,16% 5.889 Regency of Ponorogo
Kabupaten Magetan 19.594.792 0,13% 4.899 Regency of Magetan
Pemerintah Kota: Government of Municipalities:
Kota Surabaya 319.243.457 2,13% 79.812 Municipality of Surabaya
Kota Madiun 134.064.427 0,89% 33.516 Municipality of Madiun
Kota Malang 108.635.999 0,72% 27.159 Municipality of Malang
Kota Pasuruan 100.075.767 0,67% 25.019 Municipality of Pasuruan
Kota Mojokerto 72.091.751 0,48% 18.023 Municipality of Mojokerto
Kota Batu 38.236.741 0,25% 9.559 Municipality of Batu
Kota Probolinggo 17.397.927 0,12% 4.349 Municipality of Probolinggo
Kota Blitar 16.987.084 0,11% 4.247 Municipality of Blitar
Kota Kediri 14.208.273 0,09% 3.552 Municipality of Kediri
11.934.147.982 79,48% 2.983.537
Seri B Series B
Komisaris: Commisioner:
- Adhy Karyono 81.500 0,00% 20 Adhy Karyono -
Direksi: Directors:
- Busrul Iman 3.651.300 0,02% 913 Busrul Iman -
- R Arief Wicaksono 952.300 0,01% 238 R Arief Wicaksono -
- Arif Suhirman 819.700 0,01% 205 Arif Suhirman -
- Edi Masrianto 764.900 0,01% 191 Edi Masrianto -
- Umi Rodiyah 508.500 0,00% 127 Umi Rodiyah -
- Eko Susetyono 446.800 0,00% 112 Eko Susetyono -
- Zulhelfi Abidin 347.800 0,00% 87 Zulhelfi Abidin -
Masyarakat (kepemilikan masing- Public (ownership less
masing dibawah 5%) 3.073.777.300 20,47% 768.444 than 5% each)
3.081.350.100 20,52% 770.338
Jumlah 15.015.498.082 100,00% 3.753.875 Total
95
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The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
30. MODAL SAHAM (lanjutan) 30. SHARE CAPITAL (continued)
d. Susunan pemegang saham d. Composition of shareholders
2023
Jumlah lembar saham/ Persentase kepemilikan/ Jumlah modal disetor/
Pemegang saham Number of shares Percentage of ownership Total paid-in capital Shareholders
Seri A Series A
Pemerintah Provinsi Jawa Timur 7.676.913.648 51,13% 1.919.228 Government of East Java Province
Pemerintah Kabupaten: Government of Regencies:
Kabupaten Sidoarjo 370.155.850 2,47% 92.539 Regency of Sidoarjo
Kabupaten Bojonegoro 300.288.632 2,00% 75.072 Regency of Bojonegoro
Kabupaten Banyuwangi 270.036.117 1,80% 67.509 Regency of Banyuwangi
Kabupaten Malang 253.635.445 1,69% 63.409 Regency of Malang
Kabupaten Gresik 220.213.170 1,47% 55.053 Regency of Gresik
Kabupaten Tuban 217.418.404 1,45% 54.355 Regency of Tuban
Kabupaten Ngawi 215.763.995 1,44% 53.941 Regency of Ngawi
Kabupaten Kediri 144.925.510 0,97% 36.231 Regency of Kediri
Kabupaten Sumenep 144.228.431 0,96% 36.057 Regency of Sumenep
Kabupaten Kraksaan 125.931.454 0,84% 31.483 Regency of Kraksaan
Kabupaten Jember 111.866.875 0,75% 27.967 Regency of Jember
Kabupaten Lamongan 101.318.315 0,67% 25.330 Regency of Lamongan
Kabupaten Sampang 101.175.235 0,67% 25.294 Regency of Sampang
Kabupaten Bondowoso 87.207.357 0,58% 21.802 Regency of Bondowoso
Kabupaten Trenggalek 84.640.532 0,56% 21.160 Regency of Trenggalek
Kabupaten Mojokerto 78.373.801 0,52% 19.593 Regency of Mojokerto
Kabupaten Nganjuk 77.217.854 0,51% 19.304 Regency of Nganjuk
Kabupaten Situbondo 76.374.593 0,51% 19.094 Regency of Situbondo
Kabupaten Tulungagung 70.697.975 0,47% 17.674 Regency of Tulungagung
Kabupaten Lumajang 67.206.045 0,45% 16.802 Regency of Lumajang
Kabupaten Pacitan 53.520.271 0,36% 13.380 Regency of Pacitan
Kabupaten Pasuruan 44.610.500 0,30% 11.153 Regency of Pasuruan
Kabupaten Pamekasan 40.592.928 0,27% 10.148 Regency of Pamekasan
Kabupaten Blitar 39.496.395 0,26% 9.874 Regency of Blitar
Kabupaten Bangkalan 36.793.459 0,25% 9.198 Regency of Bangkalan
Kabupaten Madiun 32.660.478 0,22% 8.165 Regency of Madiun
Kabupaten Jombang 26.792.899 0,18% 6.698 Regency of Jombang
Kabupaten Ponorogo 23.555.596 0,16% 5.889 Regency of Ponorogo
Kabupaten Magetan 19.594.792 0,13% 4.899 Regency of Magetan
Pemerintah Kota: Government of Municipalities:
Kota Surabaya 319.243.457 2,13% 79.812 Municipality of Surabaya
Kota Madiun 134.064.427 0,89% 33.516 Municipality of Madiun
Kota Malang 108.635.999 0,72% 27.159 Municipality of Malang
Kota Pasuruan 100.075.767 0,67% 25.019 Municipality of Pasuruan
Kota Mojokerto 72.091.751 0,48% 18.023 Municipality of Mojokerto
Kota Batu 38.236.741 0,25% 9.559 Municipality of Batu
Kota Probolinggo 17.397.927 0,12% 4.349 Municipality of Probolinggo
Kota Blitar 16.987.084 0,11% 4.247 Municipality of Blitar
Kota Kediri 14.208.273 0,09% 3.552 Municipality of Kediri
11.934.147.982 79,48% 2.983.537
Seri B Series B
Komisaris: Commisioner:
- Suprajarto 191.000 0,00% 48 Suprajarto -
Direksi: Directors:
- Busrul Iman 2.958.900 0,02% 740 Busrul Iman -
- R Arief Wicaksono 728.200 0,00% 182 R Arief Wicaksono -
- Edi Masrianto 327.600 0,00% 82 Edi Masrianto -
- Tonny Prasetyo 1.067.400 0,01% 267 Tonny Prasetyo -
- Eko Susetyono 124.100 0,00% 31 Eko Susetyono -
- Zulhelfi Abidin 24.200 0,00% 6 Zulhelfi Abidin -
Masyarakat (kepemilikan masing- Public (ownership less
masing dibawah 5%) 3.075.928.700 20,49% 768.982 than 5% each)
3.081.350.100 20,52% 770.338
Jumlah 15.015.498.082 100,00% 3.753.875 Total
96
Page 682
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
30. MODAL SAHAM (lanjutan) 30. SHARE CAPITAL (continued)
e. Pembagian saldo laba e. Distribution of retained earnings
Berdasarkan Berita Acara Rapat Umum Pemegang Saham Based on decisions at Annual General Meetings Report as
Tahunan, sebagaimana tercantum dalam Akta No.10 tanggal 7 documented in notarial Deeds No.10 dated February 7, 2024
Februari 2024 dan Akta No.25 tanggal 12 April 2023 yang dibuat and notarial Deeds No.25 dated April 12, 2023 of Sitaresmi
oleh Notaris Sitaresmi Puspadewi Subianto, S.H. para Puspadewi Subianto, S.H. the Shareholders agreed to distribute
Pemegang Saham menyetujui pembagian laba neto untuk tahun net income for the year ended December 31, 2024 and 2023 as
yang berakhir pada tanggal 31 Desember 2024 dan 2023 follows:
sejumlah dan dengan penggunaan sebagai berikut:
Laba bersih tahun/ Laba bersih tahun/
Net income year Net income year
2023 2022
Dividen tunai 816.693 797.173 Cash dividends
Cadangan umum 653.412 745.651 General reserve
Bank membentuk cadangan umum untuk memperkuat modal. Bank established the general reserve to strengthen capital.
31. TAMBAHAN MODAL DISETOR 31. ADDITIONAL PAID-IN CAPITAL
Rincian tambahan modal disetor tanggal 31 Desember 2024 dan Details of additional paid in capital as of December 31, 2024 and
2023, adalah sebagai berikut: 2023 as follows:
Agio saham dari Penawaran Umum Share premium from Initial
Perdana Saham (IPO) 509.369 Public Offering (IPO)
Opsi saham untuk program Management and Stock option for Management and Employee
Employee Stock Option Plan (MESOP) 23.365 Stock Option Plan (MESOP) program
Jumlah 532.734 Total
Pada tanggal 12 Juli 2012, Bank telah melakukan Penawaran On July 12, 2012, the Bank has made it first Initial Public Offering
Umum Saham Perdana (IPO) dengan mengeluarkan (IPO) by issuing 2,983,537,000 series B shares amounted to Rp250
2.983.537.000 lembar saham Seri B dengan nilai nominal sebesar (full Rupiah) per share with an offering price at Rp430 (full Rupiah)
Rp250 (Rupiah penuh) setiap lembar saham dengan harga per share, resulting increase in share premium, as follows:
penawaran sebesar Rp430 (Rupiah penuh) setiap lembar saham
sehingga menghasilkan tambahan agio saham sebagai berikut:
Agio saham Rp180 (Rupiah penuh) per saham 537.037 Share premium Rp180 (full Rupiah) per share
Biaya emisi saham (27.668) Share issuance cost
Agio saham dari IPO 509.369 Share premium from IPO
Program MESOP sebanyak 105.915.000 lembar dilaksanakan MESOP Program as much as 105,915,000 shares, started 2015 to
mulai tahun 2015 kepada manajemen dan karyawan Bank dan the management and employee of the Bank and will be expire in
Program MESOP akan berakhir pada tahun 2020. Sampai dengan 2020. Up to now 97,813,100 MESOP shares have been executed,
saat ini telah tereksekusi 97.813.100 lembar saham dari Program resulting shares agio additional:
MESOP sehingga menghasilkan tambahan agio saham sebagai
berikut:
Agio saham Program MESOP Tahap I Share agio MESOP Program Phase I
Rp200 (Rupiah penuh) per saham 6.355 Rp200 (Rupiah) per share
Tereksekusi 31.774.500 lembar Executed 31,774,500 shares
Agio saham Program MESOP Tahap II Share agio MESOP Program Phase II
Rp159 (Rupiah penuh) per saham 5.052 Rp159 (Rupiah) per share
Tereksekusi 31.774.500 lembar Executed 31,774,500 shares
Agio saham Program MESOP Tahap III Share agio MESOP Program Phase III
Rp349 (Rupiah penuh) per saham 11.958 Rp349 (Rupiah) per share
Tereksekusi 34.264.100 lembar Executed 34,264,100 shares
Agio saham dari Program MESOP 23.365 Share agio MESOP Program
97
Page 683
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
31. TAMBAHAN MODAL DISETOR (lanjutan) 31. ADDITIONAL PAID-IN CAPITAL (continued)
Program MESOP Tahap I telah dilaksanakan tanggal 1 Agustus The MESOP Program Phase I has been implemented from August
2016 - 13 September 2016, tanggal 1 Februari 2017 - 13 Maret 1, 2016 - September 13, 2016, February 1, 2017 - March 13, 2017,
2017, tanggal 1 Agustus 2017 - 13 September 2017, tanggal 1 August 1, 2017 - September 13, 2017, February 1, 2018 - March
Februari 2018 - 15 Maret 2018, tanggal 1 Agustus 2018 - 14 15, 2018, August 1, 2018 - September 14, 2018, February 1, 2019 -
September 2018, tanggal 1 Pebruari 2019 - 18 Maret 2019, dan March 18, 2019, 2019 - September 11, 2019, and February 3, 2020 -
tanggal 1 Agustus 2019 - 11 September 2019 dengan harga Rp450 March 16, 2020 at Rp450 per share with the total number of shares
per saham dan jumlah lembar saham yang dibeli oleh peserta yang purchased by participants is 31,774,500 shares, or 100% of
memiliki hak opsi (MESOP) sebanyak 31.774.500 lembar saham 31,774,500 shares option rights granted in Phase I with a total
atau 100% dari 31.774.500 hak opsi saham yang diberikan pada nominal amount of Rp14,298,525,000 (full Rupiah).
Tahap I dengan jumlah nominal sebesar Rp14.298.525.000
(Rupiah penuh).
Program MESOP Tahap II telah dilaksanakan tanggal 1 Agustus The MESOP Program Phase II has been implemented from August
2017 - 13 November 2017, dan tanggal 1 Februari 2018 - 15 Maret 1, 2017 - September 13, 2017, February 1, 2018- March 15, 2018,
2018, tanggal 1 Agustus 2018 - 14 September 2018, tanggal 1 August 1, 2018 - September 14, 2018, February 1, 2019 - March
Pebruari 2019 - 18 Maret 2019, tanggal 1 Agustus 2019 - 11 18, 2019, August 1, 2019 - September 11, 2019, and February 3,
September 2019, dan tanggal 3 Februari 2020 - 16 Maret 2020 2020 - March 16, 2020 at Rp 409 per share, with the total number
dengan harga Rp409 per saham dan jumlah lembar saham yang of shares purchased by participants is 31,774,500 shares or 100%
dibeli oleh peserta yang memiliki hak opsi (MESOP) sebanyak of 31,774,500 shares option rights granted in Phase II with a total
31.774.500 lembar saham atau 100% dari 31.774.500 hak opsi nominal amount of Rp 12,995,770,500 (full Rupiah).
saham yang diberikan pada Tahap II dengan jumlah nominal
sebesar Rp12.995.770.500 (Rupiah penuh).
Program MESOP Tahap III telah dilaksanakan tanggal 1 Agustus The MESOP Program Phase III has been implemented from August
2018 - 14 September 2018, tanggal 1 Pebruari 2019 - 18 Maret 1, 2018 - September 14, 2018, February 1, 2019 - March 18, 2019,
2019, tanggal 1 Agustus 2019 - 11 September 2019, dan tanggal 3 August 1, 2019 - September 11, 2019, and February 3, 2020 -
Februari 2020 - 16 Maret 2020 dengan harga Rp599 per saham March 16, 2020 at Rp599 per share, with the total number of shares
dan jumlah lembar saham yang dibeli oleh peserta yang memiliki purchased by participants is 34.264.100 shares or 80,88% of
hak opsi (MESOP) sebanyak 34.264.100 lembar saham atau 42,366,000 shares option rights granted in Phase III with a total
80,88% dari 42.366.000 hak opsi saham yang diberikan pada nominal amount of Rp20,524,195,900 (full Rupiah).
Tahap III dengan jumlah nominal sebesar Rp20.524.195.900
(Rupiah penuh).
32. PENDAPATAN BUNGA DAN SYARIAH 32. INTEREST AND SHARIA INCOME
2024 2023
Pihak berelasi (Catatan 45) Related parties (Note 45)
Kredit yang diberikan 5.820 13.961 Loans
Margin dan pendapatan bagi hasil 695 7 Margin and profit-sharing revenue
Pihak ketiga Third parties
Kredit yang diberikan 6.030.856 4.837.915 Loans
Penempatan pada Bank Indonesia Placements with Bank Indonesia
dan bank lain 1.589.237 1.806.519 and other banks
Surat berharga Marketable securities
Biaya perolehan diamortisasi 424.913 423.992 Amortised cost
Margin dan pendapatan bagi hasil 190.656 157.455 Margin and profit-sharing revenue
Provisi 96.953 90.157 Provision
Sertifikat Bank Indonesia 23.298 23.226 Certificates of Bank Indonesia
Lainnya 19.381 4.052 Others
Jumlah 8.381.809 7.357.284 Total
33. BEBAN BUNGA DAN SYARIAH 33. INTEREST AND SHARIA EXPENSE
2024 2023
Pihak berelasi (Catatan 45) Related parties (Note 45)
Deposito berjangka 316.640 309.603 Time deposits
Tabungan 869 827 Savings accounts
Giro 159.816 148.694 Current accounts
477.325 459.124
98
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The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
33. BEBAN BUNGA DAN SYARIAH (lanjutan) 33. INTEREST AND SHARIA EXPENSE (continued)
2024 2023
Pihak ketiga Third parties
Deposito berjangka 1.534.848 1.359.679 Time deposits
Tabungan 331.309 279.326 Savings accounts
Giro 22.480 52.230 Current accounts
Liabilitas surat berharga yang dijual Liabilities of marketable securities sold
dengan janji dibeli kembali 190.338 117.839 under repurchase agreement
Bank lain 81.048 38.680 Other banks
Pinjaman yang diterima 15.130 8.543 Borrowings
Surat berharga 68 - Marketable securities
Kredit 3.665 763 Loans
2.178.886 1.857.060
Jumlah 2.656.211 2.316.184 Total
34. PENDAPATAN OPERASIONAL LAINNYA 34. OTHER OPERATING INCOME
2024 2023
Current accounts, savings and deposits
Administrasi giro, tabungan dan deposito 212.487 193.996 administration fees
Penerimaan kembali kredit hapus buku 156.285 127.264 Collection of loans written-off
Provisi dan komisi selain dari Fees and commissions from
kredit yang diberikan 47.618 22.093 other than loans
Administrasi kredit 28.643 30.880 Loan administration fees
Lainnya 387.205 274.187 Others
Jumlah 832.238 648.420 Total
35. PENYISIHAN (PEMULIHAN) KERUGIAN PENURUNAN NILAI 35. PROVISION (RECOVERY) FOR IMPAIRMENT LOSSES ON
ATAS ASET KEUANGAN FINANCIAL ASSETS
2024 2023
Kredit yang diberikan 1.273.194 675.843 Loans
Aset keuangan lainnya Other financial assets
Penempatan pada Bank Indonesia dan bank lain (3.748) 1.872 Placement with Bank Indonesia and other banks
Giro pada bank lain (800) 636 Current accounts with other banks
Surat berharga 831 111 Marketable securities
Estimasi kerugian komitmen dan kontinjensi (2.229) 430 Estimated losses on commitments and contingencies
Tagihan akseptasi dan tagihan lainnya 20.347 15.244 Acceptation and other receivables
Jumlah 1.287.595 694.136 Total
36. BEBAN TENAGA KERJA DAN TUNJANGAN KARYAWAN 36. SALARIES AND EMPLOYEE BENEFITS EXPENSES
2024 2023
Gaji pegawai 583.757 547.842 Employee salaries
Bonus pegawai 316.552 367.526 Employee bonuses
Tambahan penghasilan pegawai 275.731 234.683 Additional income for employees
Pendidikan dan pelatihan 153.228 94.913 Education and training
Tunjangan pajak penghasilan pegawai 135.955 127.005 Tax allowances - employees’ salaries
Asuransi dan iuran dana pensiun 128.847 130.390 Insurance and pension fund contributions
Pengobatan 46.478 35.560 Medical
Imbalan kerja 45.471 38.721 Employee benefit
Gaji Direksi 14.090 13.556 Directors’ salaries
Rekreasi dan olahraga 9.349 8.303 Recreation and sport
Honorarium Dewan Komisaris 8.203 9.218 Commissioners’ honoraria
Tambahan penghasilan Direksi 6.369 3.877 Additional compensation for Directors
Perumahan Direksi 2.331 2.220 Housing for Directors
Tambahan penghasilan Komisaris 1.810 1.146 Additional compensation for Commissioners
Lainnya 16.891 9.572 Others
Jumlah 1.745.062 1.624.532 Total
99
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The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
37. BEBAN UMUM DAN ADMINISTRASI 37. GENERAL AND ADMINISTRATIVE EXPENSES
2024 2023
Premi asuransi pertanggungan lainnya 252.221 207.924 Other insurance premiums
Jasa otomasi 183.165 157.885 Automation services
Alih daya 146.579 132.028 Outsourcing
Promosi 140.785 75.260 Promotion
Penyusutan aset tetap dan Depreciation of fixed assets and
aset hak guna (Catatan 16) 139.278 132.350 right of use assets (Note 16)
Amortisasi beban ditangguhkan 116.219 180.989 Amortization of deferred charges
Sewa 94.086 81.652 Rental
Pemeliharaan 69.754 55.911 Maintenance
Perjalanan dinas 64.599 57.632 Official/business travel
Alat tulis dan barang cetak 61.343 54.360 Stationery and printed materials
Pengawasan, pemeriksaan dan jasa tenaga ahli 54.033 19.498 Supervision, audit and professional services
Listrik, air dan telekomunikasi 43.541 37.932 Electrical, water and telecommunications
Pajak lainnya 28.621 22.101 Other taxes
Sumbangan 27.414 25.828 Donations
Tanggung jawab sosial dan lingkungan 17.192 17.663 Social and environment responsibility
Amortisasi aset takberwujud (Catatan 17) 13.190 18.402 Amortization of intangible assets (Note 17)
Keamanan 8.956 8.538 Security
Surat dinas 5.002 4.464 Mail service
Penagihan 4.852 1.281 Collection
Pajak reklame 1.635 1.251 Advertising tax
Pajak Bumi dan Bangunan (PBB) 1.190 1.168 Land and building tax (PBB)
Pajak kendaraan bermotor 734 679 Motor vehicle tax
Koran dan majalah 440 387 Newspaper and magazine
Bursa Efek 278 278 Stock Exchange
Pajak penghasilan 96 15 Income tax
Lainnya 24.473 19.539 Others
Jumlah 1.499.676 1.315.015 Total
38. BEBAN LAINNYA 38. OTHER EXPENSES
2024 2023
Tanda mata, hadiah dan umum 127.152 97.460 Souvenirs, gifts and general
Kliring dan transfer 54.616 53.656 Clearing and transfers
Rapat dan jamuan tamu 31.708 24.394 Meetings and entertainment
Kegiatan keagamaan 5.249 3.904 Religious activities
Penelitian dan pengembangan 6.325 7.901 Research and development
Provisi, komisi dan fee 40 32 Provision, commision and fee
Lain-lain 143.412 13.449 Others
Jumlah 368.502 200.796 Total
Beban lain-lain pada tahun 2024 terutama berasal dari peristiwa Other expenses in 2024 mainly came from internal malfunction
malfungsi internal. Pada tanggal 24 Juni 2024, Bank mendeteksi events. On June 24, 2024, the Bank detected an internal
adanya malfungsi internal pada layanan BI-Fast yang malfunction of the BI-Fast services which disrupted of service and
menyebabkan terganggunya layanan yang menimbulkan kerugian causing a loss to the Bank. The material impact of this incident has
bagi Bank. Dampak material atas kejadian ini telah dibebankan been recognized, and a reversal will be made once the legal and
dan akan dilakukan pembukuan sebaliknya apabila telah terpenuhi formal requirements are met. However, the Bank has made
secara legal formal, namun demikian Bank telah melakukan improvements to the system and enhanced cybersecurity to prevent
perbaikan pada sistem dan meningkatkan keamanan siber agar this from happening again. Due to this incident, there is no impact
tidak terjadi lagi. Atas kejadian ini, tidak terdapat dampak terhadap on customer funds.
dana nasabah.
39. PENDAPATAN NON-OPERASIONAL 39. NON-OPERATING INCOME
2024 2023
Keuntungan penjualan efek-efek neto 10.241 8.698 Gain on sale of securities - net
Fee jasa pelayanan pajak 7.563 6.444 Tax service fees
Keuntungan atas penjualan aset tetap 1.470 5.608 Gain on sale of fixed asset - net
Keuntungan selisih kurs 695 2.390 Gain on foreign exchange
Lainnya 51.273 33.901 Others
Jumlah 71.242 57.041 Total
100
Page 686
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
40. BEBAN NON-OPERASIONAL 40. NON-OPERATING EXPENSE
Pada tanggal 31 Desember 2024 dan 2023, saldo beban non As of December 31, 2024 and 2023, the balance of non operating
operasional lainnya masing-masing sebesar Rp45.526 dan expense amounted Rp45,526 and Rp19,339, respectively.
Rp19.339.
41. LABA PER SAHAM DASAR DIATRIBUSIKAN KEPADA PEMILIK 41. BASIC EARNINGS PER SHARE ATTRIBUTABLE TO EQUITY
ENTITAS INDUK HOLDERS OF THE PARENT ENTITY
Laba tahun berjalan per saham dasar dihitung dengan membagi Basic earnings per share is computed by dividing income for the
laba tahun berjalan diatribusikan kepada pemilik entitas induk year attributable to owners of the parent entity by the weighted
dengan rata-rata tertimbang jumlah lembar saham biasa yang average number of outstanding common shares during the related
beredar pada tahun bersangkutan. year.
2024 2023
Laba tahun berjalan yang dapat diatribusikan Income for the year attributable
kepada pemilik entitas induk 1.281.718 1.470.105 to owners of the parent entity
Rata-rata tertimbang jumlah lembar saham biasa Weighted average number of outstanding
yang beredar (dalam Rupiah penuh) 15.015.498.082 15.015.498.082 ordinary shares (in full Rupiah amount)
Laba per saham dasar diatribusikan kepada Basic earnings per share attributable to equity
85,36 97,91
pemilik entitas induk (dalam Rupiah penuh) holders of the parent entity (in full Rupiah amount)
42. KOMBINASI BISNIS 42. BUSINESS COMBINATION
Pada tanggal 27 Februari 2023, Bank telah menandatangani nota On February 27, 2023, the Bank signed a memorandum of
kesepahaman antara Bank dengan PT Pembangunan Daerah understanding between the Bank and PT Pembangunan Daerah
Nusa Tenggara Barat Syariah dalam rangka pemenuhan peraturan Nusa Tenggara Barat Syariah in order to fulfill the Financial
Otoritas Jasa Keuangan No.12/POJK.03/2020, dimana dalam Services Authority regulation No.12/POJK.03/2020, where in the
tahap awal penyertaan modal disepakati berkisar Rp50.000 sampai initial stage the capital participation was agreed to range from
dengan Rp100.000. Rp50,000 to Rp100,000.
Pada tanggal 8 Mei 2024, Bank telah menandatangani perjanjian On May 8, 2024, the Bank signed an inter-shareholder agreement
antar pemegang saham oleh dan antara Pemerintah Provinsi Nusa by and between the Government of West Nusa Tenggara Province
Tenggara Barat dengan Bank No.500/85/EKON-III/2024 dan and the Bank No.500/85/EKON-III/2024 and
063/043/DIR/NES/SHA. Perjanjian ini mengatur kewenangan Bank 063/043/DIR/NES/SHA. This agreement regulates the Bank's
dalam menetapkan kebijakan strategis perseroan. Selain itu authority in determining the company's strategic policies. In
Pemerintah Provinsi Nusa Tenggara Barat juga sepakat untuk addition, the West Nusa Tenggara Provincial Government also
mengkonsolidasikan laporan keuangan NTBS dalam laporan agreed to consolidate the financial statements of NTBS in the
keuangan Bank. Bank's financial statements.
Berdasarkan Surat Keputusan dari Anggota Dewan Komisioner Based on the Decision Letter from the OJK Board of
OJK No.KEP-76/D.03/2024 tanggal 2 Oktober 2024 tentang hasil Commissioners No.KEP-76/D.03/2024 dated October 2, 2024
penilaian kemampuan dan kepatutan Bank sebagai calon regarding the results of the fit and proper assessment of the Bank
pemegang saham pengendali dan Pemerintan Provinsi Jawa Timur as a candidate for controlling shareholder and the East Java
sebagai calon ultimate shareholder NTBS, bahwa OJK menyetujui Provincial Government as a candidate for ultimate shareholder of
Bank sebagai calon pemegang saham pengendali dan Pemerintah NTBS, that OJK approved the Bank as a candidate for controlling
Provinsi Jawa Timur sebagai calon ultimate shareholder NTBS. shareholder and the East Java Provincial Government as a
candidate for ultimate shareholder of NTBS.
Pada Bulan Oktober 2024, Bank telah melakukan efektif In October 2024, the Bank has effectively invested in NTBS in the
penyertaan modal kepada NTBS sebesar Rp100.000.000.000 (nilai amount of Rp100,000,000,000 (full amount) for 3,921,568 shares
penuh) untuk sejumlah 3.921.568 lembar saham (Seri A) yang (Series A) which were recorded in NTBS at the nominal value in
dicatat pada NTBS sebesar nilai nominal pada modal saham share capital of Rp39,215,680,000 and as agio shares of
Rp39.215.680.000 dan sebagai agio saham sebesar Rp60,784,320,000 or equivalent to 4.09% of the total paid-up
Rp60.784.320.000 atau setara 4,09% dari jumlah modal disetor capital of NTBS. This capital participation has been approved by
NTBS. Penyertaan modal ini telah mendapatkan persetujuan dari the Financial Services Authority (OJK) through letter No.S-
Otoritas Jasa Keuangan (OJK) melalui surat No.S- 472/KO.1801/2024 dated October 9, 2024.
472/KO.1801/2024 tanggal 9 Oktober 2024.
Setelah NTBS efektif tergabung dalam Kelompok Usaha Bank After NTBS incorporated in the Bank Business Group ("KUB"),
("KUB"), Bank memiliki pengendalian atas NTBS walaupun Bank has control over NTBS although the share ownership is only
kepemilikan saham hanya sebesar 4,09% karena berdasarkan 4.09% because based on the agreement between the controlling
perjanjian antara pemegang saham pengendali, Bank memiliki shareholders, the Bank has the authority to regulate and determine
kewenangan untuk mengatur dan menetapkan hal-hal strategis strategic matters relating to the financial and operational policies of
yang berkaitan dengan kebijakan keuangan dan operasional NTBS NTBS which have been agreed by all shareholders of NTBS.
yang telah disepakati oleh seluruh pemegang saham NTBS.
101
Page 687
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
42. KOMBINASI BISNIS (lanjutan) 42. BUSINESS COMBINATION (continued)
Tabel berikut ini merupakan rekonsiliasi arus kas yang dibayarkan The following table is a reconciliation of the cash flows paid and
dan diperoleh dalam transaksi pembentukan KUB dengan NTBS: received in the transaction of forming the KUB with NTBS:
23 Oktober/October 23,
2024
Imbalan kas yang dibayar 100.000 Cash consideration paid
Penempatan pada Bank Indonesia dan bank lain Placements with Bank Indonesia and other banks
- Kas 365.658 Cash -
- Penempatan pada Bank Indonesia dan bank lain 760.603 Placements with Bank Indonesia and other banks -
Imbalan, jumlah aset yang diperoleh, dan liabilitas yang diambil Consideration, total acquired assets and liabilities assumed and
alih, dan goodwill terkait pada tanggal akuisisi menggunakan the related goodwill at the acquisition date under the provisional
jumlah sementara adalah sebagai berikut: amounts were as follows:
23 Oktober/October 23,
2024
Imbalan kas yang dibayar 100.000 Cash consideration paid
Nilai wajar dari aset teridentifikasi yang diperoleh Fair value of identifiable assets acquired
dan liabilitas yang diambil alih (81.516) and liabilites assumed
Penyesuaian: Adjustments
Merek dagang (5.586) Trademarks
Goodwill 12.898 Goodwill
Untuk mendapatkan substansi transaksi berdasarkan PSAK 103 In order to gain the substance of the transaction based on PSAK
“Kombinasi Bisnis”, nilai wajar merek dagang diukur berdasarkan 103 “Business Combinations”, fair value of trademarks were
penilaian yang dilakukan oleh penilai independen KJPP Kusnanto measured based on the valuation performed by the independent
& Rekan. valuer KJPP Kusnanto & Rekan.
23 Oktober/October 23,
2024
ASET ASSETS
Kas 365.658 Cash
Giro dan penempatan pada Bank Indonesia 760.116 Placements with Bank Indonesia and other banks
Giro pada bank lain 487 Current account with other banks
Surat berharga - bersih 2.729.941 Martketable securities - net
Piutang murabahah - bersih 1.866.597 Murabahah receivables - net
Pembiayaan musyarakah - bersih 9.279.884 Musyarakah receivables - net
Pinjaman qardh 189 Funds of qardh
Penyertaan saham 2.568 Investment in shares
Aset yang diperoleh untuk ijarah - bersih 808 Assets acquired from ijarah - net
Cadangan kerugian penurunan nilai (111.603) Allowance for impairment losses
Aset tetap - bersih 653.420 Fixed assets - net
Aset hak guna 26.745 Right-of-use assets
Aset takberwujud - bersih 20 Intangible assets - net
Pajak dibayar di muka 49.057 Prepaid taxes
Aset pajak tangguhan 25.618 Deferred taxes
Aset lain-lain 127.654 Other assets
Jumlah aset 15.777.159 Total assets
102
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The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
42. KOMBINASI BISNIS (lanjutan) 42. BUSINESS COMBINATION (continued)
23 Oktober/October 23,
2024
LIABILITAS LIABILITIES
Liabilitas segera 37.999 Obligations due immediately
Bagi hasil yang belum dibagikan 15.859 Undistributed revenue sharing
Simpanan wadiah - giro wadiah 44.236 Wadiah deposits - wadiah current deposits
Simpanan wadiah - tabungan wadiah 146.518 Wadiah deposits - wadiah savings
Kewajiban pada bank lain 5.921 Obligation to other banks
Surat berharga yang diterbitkan 2.389 Securities issued
Pinjaman yang diterima 1.160.977 Borrowings
Utang pajak 729 Taxes payable
Liabilitas imbalan pasca kerja 71.343 Post employment benefits
Liabilitas lain-lain 229.696 Other liabilities
Jumlah liabilitas 1.715.667 Total liabilities
Syirkah temporer dari bukan bank - deposito mudharabah 6.507.510 Non-banks temporary syirkah - mudharabah deposits
Syirkah temporer dari bukan bank - tabungan mudharabah 3.169.359 Non-banks temporary syirkah - mudharabah savings
Syirkah temporer dari bukan bank - giro mudharabah 2.280.770 Non-banks temporary syirkah - mudharabah current accounts
Syirkah temporer dari bank - deposito mudharabah 4.500 Banks temporary syirkah - mudharabah deposits
Syirkah temporer dari bank - tabungan mudharabah 108.719 Banks temporary syirkah - mudharabah savings
Jumlah dana syirkah temporer 12.070.858 Total liabilities
Jumlah aset teridenfitikasi neto 1.990.634 Total identifiable net assets
Kepentingan non-pengendali (1.909.118) Non-controlling interest
Merek dagang 5.585 Trademarks
Goodwill 12.898 Goodwill
Imbalan kas yang dibayar 100.000 Cash consideration paid
Pendapatan NTBS yang termasuk di dalam laporan laba rugi sejak The revenue included in the profit or loss since October 23, 2024
23 Oktober 2024 sebesar Rp288.167. NTBS juga memberikan contributed by NTBS was Rp288,167. NTBS also contributed a
kontribusi laba sebesar Rp14.702 selama periode yang sama. profit of Rp14,702 over the same period.
Jika NTBS dikonsolidasi sejak 1 Januari 2024, maka laba rugi Had Bank NTBS been consolidated from January 1, 2024, the
akan menunjukkan tambahan pendapatan sebesar Rp1.494.862 profit or loss would increase revenue of Rp1,494,862 and total
dan jumlah laba sebesar Rp215.869. profit of Rp215,869.
Pembentukan KUB dengan NTBS telah dilakukan sesuai dengan The formation of the KUB with NTBS has been carried out in
peraturan yang dikeluarkan oleh OJK. accordance with the regulations issued by OJK.
Pada tanggal 31 Desember 2024, Manajemen berpendapat tidak On December 31, 2024, management believes there are no
terdapat indikasi penurunan nilai terhadap goodwill dari transaksi indications of impairment of goodwill from the transaction of
pembentukan KUB dengan NTBS. forming the KUB with NTBS.
43. KOMITMEN DAN KONTINJENSI 43. COMMITMENTS AND CONTINGENCIES
2024 2023
KOMITMEN COMMITMENTS
Tagihan komitmen Commitment receivables
Rupiah: Rupiah:
Pembelian spot dan derivatif 162.245 - Purchase of spot and derivative
Lainnya 854.042 874.645 Others
1.016.287 874.645
Liabilitas komitmen Commitment liability
Rupiah Rupiah:
Fasilitas kredit kepada debitur Unused loan commitments
yang belum digunakan 4.262.009 3.770.265 granted to debtors
Total liabilitas komitmen - bersih 3.245.722 2.895.620 Total commitment liabilities - net
103
Page 689
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
43. KOMITMEN DAN KONTINJENSI (lanjutan) 43. COMMITMENTS AND CONTINGENCIES (continued)
2024 2023
KONTINJENSI CONTINGENCIES
Tagihan kontinjensi Contingent receivables
Rupiah: Rupiah:
Pendapatan bunga dalam penyelesaian 152.253 82.966 Interest income on past due accounts
Lainnya 7.578 13 Others
159.831 82.979
Liabilitas kontinjensi Contingent liabilities
Rupiah: Rupiah
Bank garansi yang diterbitkan 644.012 653.383 Bank guarantees issued
Mata uang asing: Foreign currencies:
Bank garansi yang diterbitkan 48.285 46.191 Bank guarantees issued
692.297 699.574
Total liabilitas kontinjensi - bersih 532.466 616.595 Total contingent liabilities - net
Total liabilitas komitmen dan kontinjensi - bersih 3.778.188 3.512.215 Total commitment and contingent liabilities - net
Pada tanggal 31 Desember 2024 dan 2023, Grup tidak As of December 31, 2024 and 2023, the Group has no outstanding
mempunyai tagihan dan liabilitas komitmen dan kontinjensi kepada commitment and contingent receivables and liabilities involving
pihak berelasi. related parties.
44. LIABILITAS IMBALAN KERJA KARYAWAN 44. EMPLOYEE BENEFITS LIABILITIES
Secara keseluruhan atas program imbalan pasca kerja tersebut Overall, the post-employment benefit program can be concluded as
maka dapat diikhtisarkan sebagai berikut: follows:
Beban imbalan pasca kerja untuk tahun yang berakhir pada Post-employment benefit expenses for the years ended December
tanggal 31 Desember 2024 dan 2023 adalah sebagai berikut: 31, 2024 and 2023 are as follows:
2024 2023
Biaya jasa kini 33.295 34.140 Current service cost
Biaya bunga 19.137 19.032 Interest cost
Laba aktuaria (315) 4.705 Gain on actuarial
Dampak akuisisi 12.016 - Impact acquisition
Jumlah beban tahun berjalan 64.132 57.877 Total expense current year
Mutasi liabilitas bersih di laporan posisi keuangan adalah sebagai Movements of net liabilities in the statement of financial position are
berikut: as follows:
2024 2023
Saldo awal 275.329 257.184 Beginning balance
Dampak akuisisi 71.343 - Impact acquisition
Pembayaran manfaat (68.098) (61.629) Payment of benefits
Beban tahun berjalan 64.132 57.877 Expenses for the current year
Pendapatan komprehensif lain 19.249 21.897 Other comprehensive income
Jumlah 361.955 275.329 Total
Mutasi penghasilan komprehensif lain: Other comprehensive income movements:
2024 2023
Saldo awal 146.909 125.012 Beginning balance
Dampak akuisisi (997) - Impact acquisition
Laba aktuaria 20.246 21.897 Gain on actuarial
Jumlah penghasilan komprehensif lain 166.158 146.909 Total other comprehensive income
104
Page 690
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
44. LIABILITAS IMBALAN KERJA KARYAWAN (lanjutan) 44. EMPLOYEE BENEFITS LIABILITIES (continued)
Program pensiun manfaat pasti Defined benefit pension plan
Bank menyelenggarakan Program Pensiun Manfaat Pasti bagi The Bank provides a Defined Benefit Pension Plan for all qualified
seluruh karyawan Bank yang memenuhi persyaratan sebagaimana employees in accordance with the Regulation of Pension Funds of
diatur dalam Peraturan PT Dana Pensiun PT Bank Pembangunan “PT Dana Pensiun Bank Pembangunan Daerah Jawa Timur Tbk“
Daerah Jawa Timur Tbk (Dapen Bank Jatim). Dalam program ini, (Dapen Bank Jatim). Based on this program, the right of pension
manfaat pensiun diberikan berdasarkan persyaratan yang benefits is provided based on the requirements as set out in the
ditetapkan dalam peraturan Bank dengan memperhatikan regulation considering the annual service factors, past service and
penghargaan per tahun masa kerja, jasa lalu dan Penghasilan the Pension Fund’s income. The Bank’s pension funds program is
Dana Pensiun. Program dana pensiun Bank dikelola oleh Dapen managed by Dapen Bank Jatim. Pursuant to the terms provided the
Bank Jatim, sesuai dengan ketentuan yang diatur dalam Surat Bank Directors’ Decision Letter, the employees’ pension fund
Keputusan Direksi Bank, karyawan Bank memberikan kontribusi contribution is 5% of the pensionable basic income of employees
pada dana pension sebesar 5% dari penghasilan dasar pension and the remaining pension fund contributions are paid by the Bank.
pekerja dan sisanya merupakan kontribusi Bank.
Penilaian aktuaria atas beban pensiun per 31 Desember 2024 dan The actuarial valuation of pension expense as of December 31,
31 Desember 2023 dilakukan oleh Kantor Konsultan Aktuaria Agus 2024 and December 31, 2023 were made by Konsultan Aktuaria
Susanto, aktuaris independen, berdasarkan laporannya tanggal 22 Agus Susanto, an independent actuarial firm, based on their report
Januari 2025 dan 4 Januari 2024 telah sesuai dengan PSAK 219 dated January 22, 2025 and January 4, 2024 conform with the
dengan menggunakan metode projected unit credit serta PSAK 219 with use calculated method projected unit credit also
mempertimbangkan asumsi-asumsi sebagai berikut: considers assumptions are as follows:
2024 2023
Asumsi ekonomi Economic assumptions
Tingkat diskonto 7,10% 7,00% Discount rate
Tingkat kenaikan penghasilan dasar pensiun 0,00% 0,00% Pension basic income growth
Tingkat bunga imbal hasil investasi aset 7,10% 7,00% Investment yield of plan aset
Asumsi lainnya Other assumptions
Tingkat mortalita GAM-1971 Mortality table
Usia pensiun normal 58 tahun/years Normal retirement age
Tingkat cacat 10% Mortalita Disability rate
Tingkat pengunduran diri untuk usia: Retirement rate per year for ages:
Usia 18-45 tahun 3% pada usia 20 tahun menurun 18-45 years old
linier sampai dengan usia 45 tahun/
3% to age 20 years old decreased
linierly until age 45 years old
Usia 46-55 tahun 5% per tahun/per year 46-55 years old
Komposisi aset dana pensiun terdiri dari: Pension plan assets primarily consists of:
2024 2023
Deposito berjangka 13,70% 13,70% Time deposits
Obligasi korporasi 72,60% 72,60% Corporate bonds
Properti 7,00% 7,00% Property
Lainnya 6,70% 6,70% Others
Perhitungan kewajiban program pensiun manfaat pasti yang diakui The calculation of defined benefit pension plan obligations
di dalam laporan posisi keuangan konsolidasian adalah sebagai recognized in the consolidated statement of financial position are as
berikut: follows:
31 Desember/ 31 Desember/ 31 Desember/ 31 Desember/ 31 Desember/
December 31, December 31, December 31, December 31, December 31,
2024 2023 2022 2021 2020
Nilai kini kewajiban 984.791 961.785 912.082 986.872 868.937 Present value of liabilities
Nilai wajar aset program (878.381) (839.753) (800.814) (763.453) (662.634) Fair value of assets program
Status pendanaan 106.410 122.032 111.268 223.419 206.303 Funded status
Liabilitas Liabilities
106.410 122.032 111.268 223.419 206.303
imbalan pasti - neto defined benefit - net
105
Page 691
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
44. LIABILITAS IMBALAN KERJA KARYAWAN (lanjutan) 44. EMPLOYEE BENEFITS LIABILITIES (continued)
Mutasi atas kewajiban program pensiun manfaat pasti adalah The movement of defined benefit pension plan obligations are as
sebagai berikut: follows:
2024 2023
Aset imbalan pasti neto awal tahun 122.032 111.268 Asset defined benefit net at beginning of year
Biaya imbalan pasti: Expenses for the year:
Jumlah yang diakui dalam laba rugi 18.661 19.156 Amount recognized in the profit and losses
Pengukuran kembali liabilitas (aset) Remeasurement of liabilities (assets) in the
periode berjalan (20.492) 6.367 current year
Pembayaran iuran dari pendiri (13.791) (14.759) Paid of contribution from employeer
Liabilitas imbalan pasti neto 106.410 122.032 Liabilities defined benefit - net
Perhitungan biaya program pensiun manfaat pasti yang diakui di The calculation of defined benefit pension plan expenses
dalam laporan laba rugi konsolidasian adalah sebagai berikut: recognized in the consolidated statement of profit or loss are as
follows:
2024 2023
Biaya jasa kini 10.119 10.922 Current service cost
Bunga neto atas liabilitas imbalan: Net interest on liabilities defined:
Biaya bunga 67.325 67.494 Interest cost
Pendapatan bunga dari aset (58.783) (59.260) Interest income from assets
Biaya imbalan kerja yang diakui di Recognized employee benefit cost on
laporan laba rugi 18.661 19.156 statement of profit or loss
Mutasi atas nilai wajar aset program adalah sebagai berikut: The movement in the fair value of plan asset are as follows:
2024 2023
Saldo awal 839.753 800.814 Beginning balance
Hasil pengembangan riil 58.783 59.260 Actual investment result
Imbalan hasil atas aset program 12.020 5.516 Return on plan assets
Pembayaran iuran-iuran – pemberi kerja 13.791 14.759 Contribution paid – employer’s
Pembayaran iuran-iuran – peserta program 3.030 3.209 Contribution paid – employee plan
Pembayaran imbalan kerja (48.996) (43.805) Actual benefit paid
Saldo akhir 878.381 839.753 Ending balance
Perhitungan beban program pensiun manfaat pasti yang diakui di The calculation of defined benefit pension plan expenses
dalam penghasilan komprehensif lain adalah sebagai berikut: recognized in the other comprehensive income are as follows:
2024 2023
Keuntungan (kerugian) aktuaria pada kewajiban 8.472 (11.883) Actuarial gain (losses) on obligation
Keuntungan aktuaria pada aset 12.020 5.516 Actuarial gain on asset
Pendapatan (beban) yang diakui di Recognized income (expense) in
20.492 (6.367)
penghasilan komprehensif lain other comprehensive income
106
Page 692
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
44. LIABILITAS IMBALAN KERJA KARYAWAN (lanjutan) 44. EMPLOYEE BENEFITS LIABILITIES (continued)
Imbalan pasca kerja program manfaat lain pada dana pensiun Post-employment benefits from other programs on pension
funds
Berdasarkan Peraturan Otoritas Jasa Keuangan Based on the Financial Services Authority Regulation
No.5/POJK.05/2017 tentang iuran, manfaat pensiun, dan manfaat No.5/POJK.05/2017 concerning contributions, pension benefits,
lain yang diselenggarakan oleh dana pensiun, selain and other benefits held by pension funds, in addition to organizing
menyelenggarakan program pensiun, DPPK, dan DPLK, Bank pension programs, DPPK, and DPLK, The Bank can organize or
dapat menyelenggarakan atau memberikan manfaat lain kepada provide other benefits to participants. Another benefit is the
peserta. Manfaat lain adalah pembayaran manfaat selain manfaat payment of benefits other than pension benefits that can be made
pensiun yang dapat dilakukan oleh Dana Pensiun dan diatur dalam by the Pension Fund and regulated in the Pension Fund
peraturan Dana Pensiun. Imbalan pegawai dihitung berdasarkan regulations. Employee benefits are calculated based on Pension
Peraturan Dana Pensiun Bank Pembangunan Daerah Jawa Timur Fund Regulations of the Bank Pembangunan Daerah Jawa Timur
Tbk No.058/050.2/DIR/HCP/KEP tanggal 12 Maret 2019 yang telah Tbk No.058/050.2/DIR/HCP/KEP dated March 12, 2019 which was
disahkan berdasarkan Keputusan Dewan Komisioner Otoritas Jasa ratified based on the Decision of the Board of Commissioners of the
Keuangan No.Kep24/NB.1/2019 tanggal 14 Juni 2019. Bank Financial Services Authority No.Kep-24/NB.1/2019 dated June 14,
menentukan manfaat lain bagi Peserta dalam tiga bentuk, antara 2019. The Bank determines other benefits for Participants in three
lain dana manfaat tambahan, dana santunan kesehatan, dan dana forms, including additional benefit funds, health compensation
santunan kematian. Manfaat ini mulai diberikan oleh Bank funds, and death compensation funds. This benefit will be provided
terhitung sejak disahkan oleh Otoritas Jasa Keuangan. by the Bank starting from ratified by the Financial Service Authority.
Penilaian aktuaria atas beban pensiun dihitung oleh Kantor Actuarial valuation on pension expense is calculated by Kantor
Konsultan Aktuaria Agus Susanto untuk tanggal valuasi per 31 Konsultan Aktuaria Agus Susanto for the valuation date as of
Desember 2024 dan 31 Desember 2023. Penilaian aktuaria telah December 31, 2024 and 2023. Actuarial valuation is in accordance
sesuai dengan PSAK 219 dengan menggunakan metode projected with PSAK 219 using the projected unit credit method and
unit credit serta mempertimbangkan asumsi-asumsi sebagai considering the following assumptions:
berikut:
2024 2023
Asumsi ekonomi Economic assumptions
Tingkat diskonto 7,10% 7,00% Discount rate
Tingkat kenaikan penghasilan dasar pensiun 0,00% 0,00% Pension basic income growth
Tingkat bunga imbal hasil investasi aset 7,10% 7,00% Investment yield of plan aset
Asumsi lainnya Other assumptions
Tingkat mortalita GAM-1971 Mortality table
Usia pensiun normal 58 tahun/years Normal retirement age
Tingkat cacat 10% Mortalita Disability rate
Tingkat pengunduran diri untuk usia: Retirement rate per year for ages:
Usia 18-45 tahun 3% pada usia 20 tahun menurun 18-45 years old
linier sampai dengan usia 45 tahun/
3% to age 20 years old decreased
linierly until age 45 years old
Usia 46-55 tahun 5% per tahun/per year 46-55 years old
Komposisi aset dana pensiun terdiri dari: Pension plan assets primarily consists of:
2024 2023
Deposito berjangka 13,70% 13,70% Time deposits
Obligasi korporasi 72,60% 72,60% Corporate bonds
Properti 7,00% 7,00% Property
Lainnya 6,70 6,70 Others
Perhitungan kewajiban program pensiun manfaat lain yang diakui Calculation of other benefit pension plan obligations recognized in
di dalam laporan posisi keuangan konsolidasian adalah sebagai the consolidated financial position report are as follows:
berikut:
2024 2023
Nilai kini kewajiban 232.457 228.754 Present value of liabilities
Nilai wajar aset program (253.558) (271.404) Fair value of assets program
Beban dibayar dimuka (21.101) (42.650) Prepaid expenses
107
Page 693
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
44. LIABILITAS IMBALAN KERJA KARYAWAN (lanjutan) 44. EMPLOYEE BENEFITS LIABILITIES (continued)
Mutasi atas kewajiban program pensiun manfaat lain adalah The movement of other benefit pension plan obligations are as
sebagai berikut: follows:
2024 2023
Aset imbalan pasti neto awal tahun 42.650 54.595 Asset defined benefit net at beginning of year
Biaya imbalan pasti: Expenses for the year:
Jumlah yang diakui dalam laba rugi (4.261) (4.591) Amount recognized in the profit and losses
Pengukuran kembali aset Remeasurement of assets in the
tahun berjalan (17.287) (7.354) current year
Liabilitas imbalan pasti neto 21.102 42.650 Liabilities defined benefit - net
Perhitungan biaya program pensiun manfaat lain yang diakui di The calculation of other benefit pension plan expenses recognized
dalam laporan laba rugi konsolidasian adalah sebagai berikut: in the consolidated statement of profit or loss are as follows:
2024 2023
Biaya jasa kini 4.261 4.591 Current service cost
Bunga neto atas liabilitas imbalan: Net interest on liabilities defined:
Biaya bunga 16.013 15.141 Interest cost
Pendapatan bunga dari aset (18.998) (19.181) Interest income from assets
Bunga atas dampak batasan aset 2.985 4.040 Interest of the asset ceiling
Biaya imbalan kerja yang diakui di Recognized employee benefit cost on
4.261 4.591
laporan laba rugi statement of profit or loss
Mutasi atas nilai wajar aset program pensiun manfaat lain adalah The movement in the fair value of other benefit pension asset are
sebagai berikut: as follows:
2024 2023
Saldo awal 271.404 259.207 Beginning balance
Hasil pengembangan riil 18.998 19.181 Actual investment result
Pembayaran imbalan kerja (8.509) (7.738) Actual benefit paid
Laba (rugi) aktuaria pada aset (28.335) 754 Actuarial gain (loss) on assets
Saldo akhir 253.558 271.404 Ending balance
Perhitungan biaya program pensiun manfaat lain yang diakui di The calculation of other benefit pension plan expenses recognized
dalam penghasilan komprehensif lain adalah sebagai berikut: in the other comprehensive income are as follows:
2024 2023
Saldo awal (6.421) (1.830) Beginning balance
Keuntungan (kerugian) aktuaria pada kewajiban (8.062) 12.149 Actuarial gain (losses) on obligation
Keuntungan (kerugian) aktuaria pada aset 28.335 (754) Actuarial losses on asset
Perubahan pada dampak batasan Amandement of impact on
aset tidak termasuk bunga (24.534) (15.986) assets exclude interest
Biaya yang diakui di Recognized cost in
(10.682) (6.421)
penghasilan komprehensif lain other comprehensive income
Program pensiun iuran pasti Defined contribution pension plan
Bank juga memiliki program pensiun iuran pasti, untuk Bank also has a defined contribution pension plan for its
karyawannya. Bank mengikutsertakan pegawai tetap dalam employees. The Bank has a participate permanent employee in
program pensiun iuran pasti yang dikelola oleh Dana Pensiun defined contribution pension plan is managed by Dana Pensiun
Lembaga Keuangan PT Bank Rakyat Indonesia (Persero) Tbk. Lembaga Keuangan PT Bank Rakyat Indonesia (Persero) Tbk.
Pegawai tetap yang bergabung dengan Bank setelah bulan April The permanent employees who joined the Bank after April 2012,
2012, memiliki hak atas program pensiun iuran pasti atau manfaat are entitled to benefits under defined contribution plan or the
yang disediakan sesuai dengan Undang-Undang Tenaga Kerja benefits provided for under the Labour Law No.13/2003, whichever
No.13/2003, mana yang lebih tinggi. is higher.
108
Page 694
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
44. LIABILITAS IMBALAN KERJA KARYAWAN (lanjutan) 44. EMPLOYEE BENEFITS LIABILITIES (continued)
Program pensiun iuran pasti Defined contribution pension plan
Pegawai tetap yang bergabung dengan Bank sebelum bulan April The permanent employees who joined the Bank prior to April 2012,
2012, memiliki hak atas program pensiun manfaat pasti ditambah are entitled to benefits pension plan plus defined contribution
dengan program pensiun iuran pasti atau manfaat yang disediakan pension plan, or the benefits provided for under the Labour Law
sesuai dengan Undang-Undang Tenaga Kerja No.13/2003, mana No.13/2003, whichever is higher.
yang lebih tinggi.
Pada tahun 2016, Bank melakukan evaluasi perhitungan program In year 2016, The Bank evaluates the calculation of defined
pensiun iuran pasti dimana imbalan pegawai dihitung sebesar contribution pension plan where the employees benefit is calcuated
selisih Undang-Undang Ketenagakerjaan No.13 tahun 2003 dan as the difference between the Labour Law No.13/2003 and defined
imbalan pensiun sesuai iuran Bank ke Dana Pensiun Lembaga contribution pension based on contribution Bank to Dana Pensiun
Keuangan (DPLK), di luar uang penggantian imbalan yang Lembaga Keuangan (DPLK), except replacement of annual leave
berkaitan dengan cuti tahunan, ongkos pulang ketempat dimana rights, the cost of return to a place where an employee was hired.
pegawai diterima bekerja.
Penilaian aktuaria atas program pensiun iuran pasti selisih dengan The actuarial calculations of difference defined contribution pension
Undang-Undang Ketenagakerjaan No.13 tahun 2003 dan imbalan plan Labour Law No.13/2003 and defined contribution pension
pensiun sesuai iuran Bank ke Dana Pensiun Lembaga Keuangan based on contribution Bank to Dana Pensiun Lembaga Keuangan
(DPLK) untuk tahun yang berakhir pada 31 Desember 2024 dan (DPLK) for the year ended December 31, 2024 and 2023, were
2023, dilakukan oleh Kantor Konsultan Aktuaria Agus Susanto prepared by a registered actuarial consulting firm, Kantor Konsultan
dengan menggunakan metode projected unit credit sebagaimana Aktuaria Agus Susanto, using the projected unit credit method as
yang dijelaskan dalam laporan aktuaris pada tanggal 22 Januari discussed an independent actuary report dated January 22, 2025
2025 dan 4 Januari 2024 yaitu sebagai berikut: and January 4, 2024, are as follows:
Asumsi-asumsi utama yang digunakan dalam perhitungan dalam Key assumptions used in the actuarial calculation are as follows:
perhitungan adalah:
2024 2023
Asumsi ekonomi Economic assumptions
Tingkat diskonto 7,10% 6,90% Discount rate
Tingkat kenaikan penghasilan dasar pensiun 5,00% 5,00% Pension basic income growth
Tingkat bunga imbal hasil investasi aset 0,00% 0,00% Investment yield of plan aset
Asumsi lainnya Other assumptions
Tingkat mortalita GAM-1971 Mortality table
Usia pensiun normal 58 tahun/years Normal retirement age
Tingkat cacat 10% Mortalita Disability rate
Tingkat pengunduran diri untuk usia: Retirement rate per year for ages:
Usia 18-45 tahun 3% pada usia 20 tahun menurun 18-45 years old
linier sampai dengan usia 45 tahun/
3% to age 20 years old decreased
linierly until age 45 years old
Usia 46-55 tahun 5% per tahun/per year 46-55 years old
Biaya imbalan kerja yang dibebankan pada laporan laba rugi The employee benefit expenses recognized in the consolidated
konsolidasian adalah sebagai berikut: statmenents profit or loss, are as follows:
2024 2023
Biaya jasa kini 2.633 2.649 Current service cost
Biaya bunga neto 3.540 3.731 Interest cost net
Biaya yang dibebankan pada laporan laba rugi 6.173 6.380 Expense recognized in the consolidated statement of
konsolidasian profit or loss
Rekonsiliasi atas perubahan (aset) liabilitas imbalan pasca kerja Following are the reconciliation of the movements of employee
selama tahun berjalan adalah sebagai berikut: benefit (assets) liabilities during the years:
2024 2023
Saldo awal 51.298 50.411 Beginning balance
Beban tahun berjalan 6.173 6.380 Current service cost
Pengukuran kembali imbalan kerja - neto 18.684 17.402 Remeasurement ofemployee benefit - net
Pembayaran imbalan (26.143) (22.895) Actual benefit paid
Saldo akhir 50.012 51.298 Ending balance
109
Page 695
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
44. LIABILITAS IMBALAN KERJA KARYAWAN (lanjutan) 44. EMPLOYEE BENEFITS LIABILITIES (continued)
Program pensiun iuran pasti (lanjutan) Defined contribution pension plan (continued)
Mutasi nilai kini liabilitas imbalan pasca kerja adalah sebagai The movements in the present value of employee benefit are as
berikut: follows:
2024 2023
Saldo awal 51.298 50.411 Beginning balance
Biaya jasa kini 2.633 2.649 Current service cost
Biaya bunga 3.540 3.731 Interest cost
Pembayaran imbalan (26.143) (22.895) Actual benefit paid
Keuntungan aktuaria pada kewajiban 18.684 17.402 Actuarial gain on obligation
Saldo akhir 50.012 51.298 Ending balance
Pengukuran kembali (aset) liabilitas imbalan kerja neto: Remeasurement of net employee benefit (aset) liabilities:
2024 2023
Saldo pada awal tahun 62.028 44.627 Balance at beginning of year
Keuntungan aktuaria pada kewajiban 18.684 17.401 Actuarial gain on obligation
Saldo akhir 80.712 62.028 Ending balance
Liabilitas atas imbalan pasca kerja lainnya adalah program The liability for post employee benefits consisted of mutual aid
asuransi tunjangan hari tua yang telah dikelola oleh PT Asuransi pension insurance plan is manged by PT Asuransi Jiwasraya
Jiwasraya (Persero), dan program uang duka sebagai jasa (Persero), and employee death benefits program as service
pengabdian. devotion.
Imbalan jangka panjang lainnya adalah program penghargaan Other long-term employee benefits is gratuity for service program.
masa kerja. Imbalan tersebut diberikan kepada pegawai tetap yang The benefits is granted to employees at amount of 2 (two) until 4
jumlahnya sebesar 2 (dua) sampai dengan 4 (empat) kali (four) last of salary with working service periods of 15 years, 25
penghasilan terakhir dengan masa kerja 15 tahun, 25 tahun dan 30 years and 30 years.
tahun.
Uang Duka Sebagai Jasa Pengabdian Death Benefit To Employees Service Devotion
Bank memberikan uang duka sebagai jasa pengabdian bagi Bank provides employee death benefit to employees who have
pegawai yang meninggal dunia sebesar nominal yang ditetapkan passed away at fixed amount plus 1 (one) month salary of his/her
ditambah dengan 1 (satu) kali penghasilan terakhir serta ditambah last month plus 1 (one) month salary of the following month from
1 (satu) kali penghasilan bulan berikutnya. Program tersebut his/her death as his/her service devotion. This program is self –
dikelola sendiri oleh Bank. managed by the Bank.
Penilaian aktuaria atas uang duka jasa pengabdian dan The actuaria valuation of employee death benefit program and
penghargaan masa kerja untuk tahun yang berakhir pada 31 gratuity for service program for the year ended December 31, 2024
Desember 2024 dan 2023, dihitung oleh Kantor Konsultan Aktuaria and for the year ended December 31, 2023, were performed by
Agus Susanto dengan menggunakan metode projected unit credit Kantor Konsultan Aktuaria Agus Susanto, using the projected unit
sebagaimana tercantum dalam laporan pada tanggal 22 Januari credit method as stated in its report dated January 22, 2025 and
2025 dan 4 Januari 2024. January 4, 2024.
Asumsi-asumsi utama yang digunakan dalam perhitungan dalam Key assumptions used in the actuarial calculation are as follows:
perhitungan adalah:
2024 2023
Asumsi ekonomi Economic assumptions
Tingkat diskonto 7,10% 6,90% Discount rate
Tingkat kenaikan penghasilan dasar pensiun 5,00% 5,00% Pension basic income growth
Tingkat bunga imbal hasil investasi aset 0,00% 0,00% Investment yield of plan aset
Asumsi lainnya Other assumptions
Tingkat mortalita GAM-1971 Mortality table
Usia pensiun normal 58 tahun/years Normal retirement age
Tingkat cacat 10% Mortalita Disability rate
Tingkat pengunduran diri untuk usia: Retirement rate per year for ages:
Usia 18-45 tahun 3% pada usia 20 tahun menurun 18-45 years old
linier sampai dengan usia 45 tahun/
3% to age 20 years old decreased
linierly until age 45 years old
Usia 46-55 tahun 5% per tahun/per year 46-55 years old
110
Page 696
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
44. LIABILITAS IMBALAN KERJA KARYAWAN (lanjutan) 44. EMPLOYEE BENEFITS LIABILITIES (continued)
Uang Duka Sebagai Jasa Pengabdian (lanjutan) Death Benefit To Employees Service Devotion (continued)
Biaya imbalan kerja yang dibebankan pada laporan laba rugi The employee benefit expenses recognized in the consolidated
konsolidasian adalah sebagai berikut: statements profit or loss, are as follows:
Uang duka sebagai jasa
pengabdian/
Death benefit as employee
service devotion
2024 2023
Biaya jasa kini 277 275 Current service cost
Biaya bunga neto 185 177 Interest cost net
Biaya yang dibebankan pada laporan Expense recognized in the consolidated
462 452
laba rugi konsolidasian statement of profit or loss
Program penghargaan
masa kerja/
Graduity for service
program
2024 2023
Biaya jasa kini 4.854 4.902 Current service cost
Biaya bunga neto 4.175 3.962 Interest cost net
(Laba) rugi aktuaria (178) 5.287 Actuarial loss
Biaya yang dibebankan pada laporan Expense recognized in the consolidated
8.851 14.151
laba rugi konsolidasian statement of profit or loss
Rekonsiliasi atas perubahan liabilitas imbalan kerja selama tahun Following are the reconciliation of the movements of employee
berjalan adalah sebagai berikut: benefit liabilities during the years:
Uang duka sebagai jasa
pengabdian/
Death benefit as employee
service devotion
2024 2023
Saldo awal (2.675) (2.401) Beginning balance
Beban tahun berjalan (462) (452) Current year expenses
Pengukuran kembali imbalan kerja - neto 297 91 Remeasurement of employee benefits - net
Pembayaran imbalan kerja 80 87 Actual benefit paid
Liabilitas imbalan pasti neto (2.760) (2.675) Liabilities defined benefit - net
Program penghargaan
masa kerja/
Graduity for service
program
2024 2023
Saldo awal (60.502) (53.546) Beginning balance
Beban tahun berjalan (8.851) (14.151) Current year expenses
Pembayaran imbalan kerja 8.491 7.195 Actual benefit paid
Liabilitas imbalan pasti neto (60.862) (60.502) Liabilities defined benefit - net
Mutasi nilai kini liabilitas imbalan pasca kerja adalah sebagai The movements in the present value of employee benefit are as
berikut: follows:
Uang duka sebagai jasa
pengabdian/
Death benefit as employee
service devotion
2024 2023
Saldo awal (2.675) (2.401) Beginning balance
Biaya jasa kini (277) (275) Current service cost
Biaya bunga (185) (177) Interest cost net
Pembayaran imbalan 80 87 Actual benefit paid
Keuntungan aktuarial pada kewajiban 297 91 Actuarial gain on obligation
Liabilitas imbalan pasti neto (2.760) (2.675) Liabilities defined benefit - net
111
Page 697
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
44. LIABILITAS IMBALAN KERJA KARYAWAN (lanjutan) 44. EMPLOYEE BENEFITS LIABILITIES (continued)
Uang Duka Sebagai Jasa Pengabdian (lanjutan) Death Benefit To Employees Service Devotion (continued)
Program penghargaan
masa kerja/
Graduity for service
program
2024 2023
Saldo awal (60.502) (53.546) Beginning balance
Biaya jasa kini (4.854) (4.902) Current service cost
Biaya bunga (4.175) (3.962) Interest cost net
Biaya jasa lalu - - Past service cost
Pembayaran imbalan 8.491 7.195 Actual benefit paid
Keuntungan (kerugian) aktuarial pada kewajiban 178 (5.287) Actuarial gain (losses) on obligation
Liabilitas imbalan pasti neto (60.862) (60.502) Liabilities defined benefit - net
Pengukuran kembali liabilitas imbalan kerja neto: Remeasurement of net employee benefit liabilities:
Uang duka sebagai jasa
pengabdian/
Death benefit as employee
service devotion
2024 2023
Saldo pada awal tahun 410 501 Balance at beginning of year
Kerugian aktuarial pada kewajiban (297) (91) Actuarial losses on obligation
Pendapatan komprehensif lain 113 410 Other comprehensive income
Program penghargaan purna tugas After duty award program
Penilaian aktuaria atas program purna tugas untuk periode satu The actuaria valuation of afterduty award program for the year
tahun yang berakhir pada 31 Desember 2024 dan untuk tahun period ended December 31, 2024 and for the year ended December
yang berakhir pada 31 Desember 2023, dihitung oleh Kantor 31, 2023, were performed by Kantor Konsultan Aktuaria Agus
Konsultan Aktuaria Agus Susanto dengan menggunakan metode Susanto, using the projected unit credit method as stated in its
projected unit credit sebagaimana tercantum dalam laporan pada report dated January 22, 2025 and January 4, 2024.
tanggal 22 Januari 2025 dan 4 Januari 2024.
Asumsi-asumsi utama yang digunakan dalam perhitungan dalam Key assumptions used in the actuarial calculation are as follows:
perhitungan adalah:
2024 2023
Asumsi ekonomi Economic assumptions
Tingkat diskonto 7,10% 7,00% Discount rate
Tingkat kenaikan penghasilan dasar pensiun 5,00% 5,00% Pension basic income growth
Tingkat bunga imbal hasil investasi aset 0,00% 0,00% Investment yield of plan aset
Asumsi lainnya Other assumptions
Tingkat mortalita GAM-1971 Mortality table
Usia pensiun normal 58 tahun/years Normal retirement age
Tingkat cacat 10% Mortalita Disability rate
Tingkat pengunduran diri untuk usia: Retirement rate per year for ages:
Usia 18-45 tahun 3% pada usia 20 tahun menurun 18-45 years old
linier sampai dengan usia 45 tahun/
3% to age 20 years old decreased
linierly until age 45 years old
Usia 46-55 tahun 5% per tahun/per year 46-55 years old
Biaya imbalan kerja yang dibebankan pada laporan laba rugi The employee benefit expenses recognized in the consolidated
konsolidasian adalah sebagai berikut: statement of profit or loss, are as follows:
2024 2023
Biaya jasa kini 4.185 4.097 Current service cost
Biaya bunga neto 1.179 1.131 Interest cost net
Biaya yang dibebankan pada Expense recognized in the
5.364 5.228
laporan laba rugi konsolidasian consolidated statement of profit or loss
112
Page 698
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
44. LIABILITAS IMBALAN KERJA KARYAWAN (lanjutan) 44. EMPLOYEE BENEFITS LIABILITIES (continued)
Program penghargaan purna tugas (lanjutan) After duty award program (continued)
Rekonsiliasi atas perubahan liabilitas imbalan kerja selama tahun Following are the reconciliation of the movements of employee
berjalan adalah sebagai berikut: benefit liabilities during the years:
2024 2023
Saldo awal 16.841 15.284 Beginning balance
Beban tahun berjalan 5.364 5.228 Current year expenses
Kerugian (keuntungan) aktuarial pada kewajiban 20.630 (2.774) Actuarial (gain) losses on obligation
Pembayaran imbalan kerja (474) (897) Actual benefit paid
Liabilitas imbalan pasti neto 42.361 16.841 Liabilities defined benefit - net
Pengukuran kembali liabilitas imbalan kerja neto: Remeasurement of net employee benefit liabilities:
2024 2023
Saldo awal 8.335 5.561 Beginning balance
Laba aktuarial (20.630) 2.774 Acruarial gain
Saldo akhir (12.295) 8.335 Ending balance
Program Pensiun Asuransi Dwiguna dan Program Cuti Besar Endowment Insurance Pension Program and Long Service
Leave Program
Penilaian aktuaria atas program pensiun dwiguna dan cuti besar The actuaria valuation of endowment insurance pension program
untuk periode satu tahub yang berakhir pada 31 Desember 2024 and long service leave program for the year ended December 31,
dan 31 Desember 2023, dihitung oleh Kantor Konsultan Aktuaria 2024 and 2023, were performed by Kantor Konsultan Aktuaria Agus
Agus Susanto dengan menggunakan metode projected unit credit Susanto, using the projected unit credit method as stated in its
sebagaimana tercantum dalam laporan pada tanggal 22 Januari report dated January 22, 2025 and January 4, 2024.
2025 dan 4 Januari 2024.
Program Imbalan cuti besar adalah program penggantian hak cuti Long service leave program are employee leave entitlement
karyawan. Imbalan tersebut diberikan kepada pegawai tetap yang replacement programs. The benefits are given to permanent
telah bekerja selama 6 tahun berturut-turut dan kelipatannya sejak employees who have worked for 6 consecutive years and multiples
diangkat sebagai pegawai tetap. Penggantian hak cuti besar since being appointed as permanent employees. Replacement for
diberikan sebesar 2 (dua) kali upah pokok. grand leave is given at 2 (two) times the basic salary
Program Pensiun
Asuransi Dwiguna/
Endowment Insurance
Pension Program
2024 2023
Asumsi ekonomi Economic assumptions
Tingkat diskonto 7,10% 6,90% Discount rate
Tingkat kenaikan penghasilan dasar pensiun 5,00% 5,00% Pension basic income growth
Tingkat bunga imbal hasil investasi aset 0,00% 0,00% Investment yield of plan aset
Asumsi lainnya Other assumptions
Tingkat mortalita GAM-1971 Mortality table
Usia pensiun normal 58 tahun/years Normal retirement age
Tingkat cacat 10% Mortalita Disability rate
Tingkat pengunduran diri untuk usia: Retirement rate per year for ages:
Usia 18-45 tahun 3% pada usia 20 tahun menurun 18-45 years old
linier sampai dengan usia 45 tahun/
3% to age 20 years old decreased
linierly until age 45 years old
Usia 46-55 tahun 5% per tahun/per year 46-55 years old
113
Page 699
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
44. LIABILITAS IMBALAN KERJA KARYAWAN (lanjutan) 44. EMPLOYEE BENEFITS LIABILITIES (continued)
Program Pensiun Asuransi Dwiguna dan Program Cuti Besar Endowment Insurance Pension Program and Long Service
(lanjutan) Leave Program (continued)
Biaya imbalan kerja yang dibebankan pada laporan laba rugi The employee benefit expenses recognized in the consolidated
konsolidasian adalah sebagai berikut: statements profit or loss, are as follows:
Program Pensiun
Asuransi Dwiguna/
Endowment Insurance
Pension Program
2024 2023
Biaya jasa kini 892 726 Current service cost
Biaya bunga neto 506 458 Interest cost net
Biaya yang dibebankan pada Expense recognized in the
1.398 1.184
laporan laba rugi konsolidasian consolidated statement of profit or loss
Program Cuti besar/
Long service leave
program
2024 2023
Biaya jasa kini 6.072 5.977 Current service cost
Biaya bunga neto 1.010 1.338 Interest cost net
Laba aktuaria (137) (582) Actuarial gain
Biaya yang dibebankan pada Expense recognized in the
6.945 6.733
laporan laba rugi konsolidasian consolidated statement of profit or loss
Rekonsiliasi atas perubahan liabilitas imbalan kerja selama tahun Following are the reconciliation of the movements of employee
berjalan adalah sebagai berikut: benefit liabilities during the years:
Program Pensiun
Asuransi Dwiguna/
Endowment Insurance
Pension Program
2024 2023
Saldo awal 7.333 6.186 Beginning balance
Beban tahun berjalan 1.398 1.184 Current year expenses
Kerugian aktuarial pada kewajiban 5.983 5.583 Actuarial losses on obligation
Pembayaran imbalan kerja (6.929) (5.620) Actual benefit paid
Liabilitas imbalan pasti neto 7.785 7.333 Liabilities defined benefit - net
Program Cuti besar/
Long service leave
program
2024 2023
Saldo awal 14.646 18.088 Beginning balance
Beban tahun berjalan 6.945 6.733 Current year expenses
Pembayaran imbalan kerja (6.645) (10.175) Actual benefit paid
Liabilitas imbalan pasti neto 14.946 14.646 Liabilities defined benefit - net
Mutasi nilai kini liabilitas imbalan pasca kerja adalah sebagai The movements in the present value of employee benefit are as
berikut: follows:
Program Pensiun
Asuransi Dwiguna/
Endowment Insurance
Pension Program
2024 2023
Saldo awal 7.333 6.186 Beginning balance
Biaya jasa kini 892 726 Current service cost
Biaya bunga neto 506 457 Interest cost net
Pembayaran imbalan (6.929) (5.619) Actual benefit paid
Kerugian aktuarial pada kewajiban 5.983 5.583 Actuarial loss on obligation
Liabilitas imbalan pasti neto 7.785 7.333 Liabilities defined benefit - net
114
Page 700
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
44. LIABILITAS IMBALAN KERJA KARYAWAN (lanjutan) 44. EMPLOYEE BENEFITS LIABILITIES (continued)
Program Pensiun Asuransi Dwiguna dan Program Cuti Besar Endowment Insurance Pension Program and Long Service
(lanjutan) Leave Program (continued)
Program Cuti besar/
Long service leave
program
2024 2023
Saldo awal 14.645 18.087 Beginning balance
Biaya jasa kini 6.072 5.977 Current service cost
Biaya bunga neto 1.010 1.338 Interest cost net
Biaya jasa lalu (137) (582) Past service cost
Pembayaran imbalan (6.645) (10.175) Actual benefit paid
Liabilitas imbalan pasti neto 14.945 14.645 Liabilities defined benefit - net
Program manfaat pensiun - NTBS Defined benefit pension program - NTBS
Penilaian aktuaria atas beban pensiun NTBS untuk tahun yang The actuarial calculations of NTBS pension fund for the year ended
berakhir tanggal 31 Desember 2024 dan 2023 dilakukan oleh December 31, 2024 and 2023 were prepared by a registered
Kantor Konsultan Aktuaria Agus Susanto dan Riana & Rekan, actuarial consulting firm, Actuarial Consulting Firm Agus Susanto
aktuaris independen, tertanggal 17 Januari 2025 dan 12 Januari and Riana & Rekan, an independent actuary dated on January 17,
2024 sesuai dengan PSAK 219 dengan menggunakan metode 2025 and January 12, 2024 based on PSAK 219 using the
projected unit credit . Asumsi yang digunakan untuk menentukan projected unit credit method. The actuarial calculations were carried
penilaian aktuaris adalah sebagai berikut: out using the following key assumptions:
Biaya imbalan kerja yang dibebankan pada laporan laba rugi The employee benefit expenses recognized in the consolidated
konsolidasian adalah sebagai berikut: statmenents profit or loss, are as follows:
2024 2023
Biaya jasa kini 2.401 2.505 Current service cost
Biaya bunga neto 2.266 1.499 Interest cost net
Biaya yang dibebankan pada Expense recognized in the
laporan laba rugi konsolidasian 4.667 4.004 consolidated statement of profit or loss
Mutasi nilai kini liabilitas imbalan pasca kerja adalah sebagai The movements in the present value of employee benefit are as
berikut: follows:
2024 2023
Saldo awal 33.316 20.256 Beginning balance
Biaya jasa kini 2.401 2.505 Current service cost
Biaya bunga 2.266 1.499 Interest cost
Pembayaran imbalan (5.133) (4.360) Actual benefit paid
Keuntungan aktuaria pada kewajiban (578) 13.416 Actuarial gain on obligation
Saldo akhir 32.272 33.316 Ending balance
Pengukuran kembali (aset) liabilitas imbalan kerja neto: Remeasurement of net employee benefit (aset) liabilities:
2024 2023
Saldo pada awal tahun 78.646 65.230 Balance at beginning of year
Keuntungan aktuaria pada kewajiban (578) 13.416 Actuarial gain on obligation
Saldo akhir 78.068 78.646 Ending balance
Program Imbalan jangka panjang lainnya - NTBS Other long-term benefits program - NTBS
Penilaian aktuaria atas beban Imbalan jangka panjang lainnya The actuarial calculations of NTBS Other long-term benefits fund
NTBS untuk tahun yang berakhir tanggal 31 Desember 2024 dan for the year ended December 31, 2024 and 2023 were prepared by
2023 dilakukan oleh Kantor Konsultan Aktuaria Agus Susanto dan a registered actuarial consulting firm, Actuarial Consulting Firm
Riana & Rekan, aktuaris independen, tertanggal 17 Januari 2025 Agus Susanto and Riana & Rekan, an independent actuary dated
dan 12 Januari 2024 sesuai dengan PSAK 219 dengan on Januari 17, 2025 and Januari 12, 2024 based on PSAK 219
menggunakan metode projected unit credit . Asumsi yang using the projected unit credit method. The actuarial calculations
digunakan untuk menentukan penilaian aktuaris adalah sebagai were carried out using the following key assumptions:
berikut:
115
Page 701
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
44. LIABILITAS IMBALAN KERJA KARYAWAN (lanjutan) 44. EMPLOYEE BENEFITS LIABILITIES (continued)
Program Imbalan jangka panjang lainnya - NTBS (lanjutan) Other long-term benefits program - NTBS (continued)
Biaya imbalan kerja yang dibebankan pada laporan laba rugi The employee benefit expenses recognized in the consolidated
konsolidasian adalah sebagai berikut: statmenents profit or loss, are as follows:
2024 2023
Biaya jasa kini 2.499 2.445 Current service cost
Biaya bunga neto 908 2.922 Interest cost net
Biaya yang dibebankan pada Expense recognized in the
3.407 5.367
laporan laba rugi konsolidasian consolidated statement of profit or loss
Rekonsiliasi atas perubahan (aset) liabilitas imbalan pasca kerja Following are the reconciliation of the movements of employee
selama tahun berjalan adalah sebagai berikut: benefit (assets) liabilities during the years:
2024 2023
Saldo awal 22.864 19.012 Beginning balance
Beban tahun berjalan 3.407 5.367 Current service cost
Pengukuran kembali imbalan kerja - neto - - Remeasurement ofemployee benefit - net
Pembayaran imbalan (1.241) (1.515) Actual benefit paid
Saldo akhir 25.030 22.864 Ending balance
Mutasi nilai kini liabilitas imbalan pasca kerja adalah sebagai The movements in the present value of employee benefit are as
berikut: follows:
2024 2023
Saldo awal 22.864 19.012 Beginning balance
Biaya jasa kini 2.499 2.445 Current service cost
Biaya bunga 908 2.922 Interest cost
Pembayaran imbalan (1.241) (1.515) Actual benefit paid
Saldo akhir 25.030 22.864 Ending balance
Program Imbalan pasca kerja - NTBS Post-employee benefit program - NTBS
Penilaian aktuaria atas beban Imbalan pasca kerja NTBS untuk The actuarial calculations of NTBS post-employee benefit fund for
tahun yang berakhir tanggal 31 Desember 2024 dan 2023 the year ended December 31, 2024 and 2023 were prepared by a
dilakukan oleh Kantor Konsultan Aktuaria Agus Susanto dan Riana registered actuarial consulting firm, Actuarial Consulting Firm Agus
& Rekan, aktuaris independen, tertanggal 17 Januari 2025 dan 12 Susanto and Riana & Rekan, an independent actuary dated on
Januari 2024 sesuai dengan PSAK 219 dengan menggunakan January 17, 2025 and January 12, 2024 based on PSAK 219 using
metode projected unit credit . Asumsi yang digunakan untuk the projected unit credit method. The actuarial calculations were
menentukan penilaian aktuaris adalah sebagai berikut: carried out using the following key assumptions:
Biaya imbalan kerja yang dibebankan pada laporan laba rugi The employee benefit expenses recognized in the consolidated
konsolidasian adalah sebagai berikut: statmenents profit or loss, are as follows:
2024 2023
Biaya jasa kini 1.354 1.412 Current service cost
Biaya bunga neto 905 900 Interest cost net
Biaya yang dibebankan pada Expense recognized in the
2.259 2.312
laporan laba rugi konsolidasian consolidated statement of profit or loss
Mutasi nilai kini liabilitas imbalan pasca kerja adalah sebagai The movements in the present value of employee benefit are as
berikut: follows:
2024 2023
Saldo awal 13.110 12.165 Beginning balance
Biaya jasa kini 1.354 1.412 Current service cost
Biaya bunga 905 900 Interest cost
Pembayaran imbalan (1.252) (1.426) Actual benefit paid
Keuntungan aktuaria pada kewajiban (895) 59 Actuarial gain on obligation
Saldo akhir 13.222 13.110 Ending balance
116
Page 702
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
44. LIABILITAS IMBALAN KERJA KARYAWAN (lanjutan) 44. EMPLOYEE BENEFITS LIABILITIES (continued)
Program Imbalan pasca kerja - NTBS (lanjutan) Post-employee benefit program - NTBS (continued)
Pengukuran kembali (aset) liabilitas imbalan kerja neto: Remeasurement of net employee benefit (aset) liabilities:
2024 2023
Saldo pada awal tahun (4.961) (5.020) Balance at beginning of year
Keuntungan aktuaria pada kewajiban (895) 59 Actuarial gain on obligation
Saldo akhir (5.856) (4.961) Ending balance
Program penghargaan emas - NTBS Gold award program - NTBS
Penilaian aktuaria atas beban penghargaan emas NTBS untuk The actuarial calculations of NTBS gold award fund for the year
tahun yang berakhir tanggal 31 Desember 2024 dan 2023 ended December 31, 2024 and 2023 were prepared by a registered
dilakukan oleh Kantor Konsultan Aktuaria Agus Susanto dan Riana actuarial consulting firm, Actuarial Consulting Firm Agus Susanto
& Rekan, aktuaris independen, tertanggal 17 Januari 2025 dan 12 and Riana & Rekan, an independent actuary dated on Januari 17,
Januari 2024 sesuai dengan PSAK 219 dengan menggunakan 2025 and Januari 12, 2024 based on PSAK 219 using the
metode Projected Unit Credit . Asumsi yang digunakan untuk Projected Unit Credit Method. The actuarial calculations were
menentukan penilaian aktuaris adalah sebagai berikut: carried out using the following key assumptions:
Biaya imbalan kerja yang dibebankan pada laporan laba rugi The employee benefit expenses recognized in the consolidated
konsolidasian adalah sebagai berikut: statmenents profit or loss, are as follows:
2024 2023
Biaya jasa kini 699 512 Current service cost
Biaya bunga neto 1.460 523 Interest cost net
Biaya yang dibebankan pada laporan laba rugi 2.159 1.035 Expense recognized in the consolidated statement of
konsolidasian profit or loss
Mutasi nilai kini liabilitas imbalan pasca kerja adalah sebagai The movements in the present value of employee benefit are as
berikut: follows:
2024 2023
Saldo awal 4.566 3.784 Beginning balance
Biaya jasa kini 699 512 Current service cost
Biaya bunga 1.460 523 Interest cost
Pembayaran imbalan (432) (253) Actual benefit paid
Saldo akhir 6.293 4.566 Ending balance
45. TRANSAKSI DENGAN PIHAK BERELASI 45. TRANSACTIONS WITH RELATED PARTIES
Dalam kegiatan normal usaha, Bank melakukan transaksi dengan In the normal course of business, Bank enters into certain
pihak berelasi karena hubungan kepemilikan dan/atau transactions with parties which are related to the management
kepengurusan. Semua transaksi dengan pihak-pihak berelasi telah and/or owned by the same ultimate shareholder. All transactions
dilakukan dengan kebijakan dan syarat yang telah disepakati with related parties have met the agreed terms and conditions.
bersama.
Sifat dari hubungan/ Sifat dari transaksi/
Pihak berelasi Nature of relationship Nature of transactions Related parties
Pemerintah Provinsi Jawa Timur Pemegang saham / Shareholder Penempatan dana / Fund placement Government of East Java Province
Pemerintah Provinsi Pemegang saham Entitas Anak/ Government of
Penempatan dana / Fund placement
Nusa Tenggara Barat Subsidiary Shareholder West Nusa Tenggara Province
Pemerintah Kabupaten: Government of Regencies:
Kabupaten Sidoarjo Pemegang saham / Shareholder Penempatan dana / Fund placement Regency of Sidoarjo
Kabupaten Bojonegoro Pemegang saham / Shareholder Penempatan dana / Fund placement Regency of Bojonegoro
Kabupaten Banyuwangi Pemegang saham / Shareholder Penempatan dana / Fund placement Regency of Banyuwangi
Kabupaten Malang Pemegang saham / Shareholder Penempatan dana / Fund placement Regency of Malang
Kabupaten Gresik Pemegang saham / Shareholder Penempatan dana / Fund placement Regency of Gresik
Kabupaten Tuban Pemegang saham / Shareholder Penempatan dana / Fund placement Regency of Tuban
Kabupaten Ngawi Pemegang saham / Shareholder Penempatan dana / Fund placement Regency of Ngawi
Kabupaten Kediri Pemegang saham / Shareholder Penempatan dana / Fund placement Regency of Kediri
Kabupaten Sumenep Pemegang saham / Shareholder Penempatan dana / Fund placement Regency of Sumenep
117
Page 703
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
45. TRANSAKSI DENGAN PIHAK BERELASI (lanjutan) 45. TRANSACTIONS WITH RELATED PARTIES (continued)
Sifat dari hubungan/ Sifat dari transaksi/
Pihak berelasi Nature of relationship Nature of transactions Related parties
Kabupaten Kraksaan Pemegang saham / Shareholder Penempatan dana / Fund placement Regency of Kraksaan
Kabupaten Jember Pemegang saham / Shareholder Penempatan dana / Fund placement Regency of Jember
Kabupaten Lamongan Pemegang saham / Shareholder Penempatan dana / Fund placement Regency of Lamongan
Kabupaten Sampang Pemegang saham / Shareholder Penempatan dana / Fund placement Regency of Sampang
Kabupaten Bondowoso Pemegang saham / Shareholder Penempatan dana / Fund placement Regency of Bondowoso
Kabupaten Trenggalek Pemegang saham / Shareholder Penempatan dana / Fund placement Regency of Trenggalek
Kabupaten Mojokerto Pemegang saham / Shareholder Penempatan dana / Fund placement Regency of Mojokerto
Kabupaten Nganjuk Pemegang saham / Shareholder Penempatan dana / Fund placement Regency of Nganjuk
Kabupaten Situbondo Pemegang saham / Shareholder Penempatan dana / Fund placement Regency of Situbondo
Kabupaten Tulungagung Pemegang saham / Shareholder Penempatan dana / Fund placement Regency of Tulungagung
Kabupaten Lumajang Pemegang saham / Shareholder Penempatan dana / Fund placement Regency of Lumajang
Kabupaten Pacitan Pemegang saham / Shareholder Penempatan dana / Fund placement Regency of Pacitan
Kabupaten Pasuruan Pemegang saham / Shareholder Penempatan dana / Fund placement Regency of Pasuruan
Kabupaten Pamekasan Pemegang saham / Shareholder Penempatan dana / Fund placement Regency of Pamekasan
Kabupaten Blitar Pemegang saham / Shareholder Penempatan dana / Fund placement Regency of Blitar
Kabupaten Bangkalan Pemegang saham / Shareholder Penempatan dana / Fund placement Regency of Bangkalan
Kabupaten Madiun Pemegang saham / Shareholder Penempatan dana / Fund placement Regency of Madiun
Kabupaten Jombang Pemegang saham / Shareholder Penempatan dana / Fund placement Regency of Jombang
Kabupaten Ponorogo Pemegang saham / Shareholder Penempatan dana / Fund placement Regency of Ponorogo
Kabupaten Magetan Pemegang saham / Shareholder Penempatan dana / Fund placement Regency of Magetan
Pemerintah Kota: Pemegang saham / Shareholder Penempatan dana / Fund placement Government of Municipalities:
Kota Surabaya Pemegang saham / Shareholder Penempatan dana / Fund placement Municipality of Surabaya
Kota Madiun Pemegang saham / Shareholder Penempatan dana / Fund placement Municipality of Madiun
Kota Malang Pemegang saham / Shareholder Penempatan dana / Fund placement Municipality of Malang
Kota Pasuruan Pemegang saham / Shareholder Penempatan dana / Fund placement Municipality of Pasuruan
Kota Mojokerto Pemegang saham / Shareholder Penempatan dana / Fund placement Municipality of Mojokerto
Kota Batu Pemegang saham / Shareholder Penempatan dana / Fund placement Municipality of Batu
Kota Probolinggo Pemegang saham / Shareholder Penempatan dana / Fund placement Municipality of Probolinggo
Kota Blitar Pemegang saham / Shareholder Penempatan dana / Fund placement Municipality of Blitar
Kota Kediri Pemegang saham / Shareholder Penempatan dana / Fund placement Municipality of Kediri
PT BPR Jawa Timur (Perseroda) Dimiliki oleh pemegang saham Kredit yang diberikan/Loans PT BPR Jawa Timur (Perseroda)
akhir yang sama/Owned by the Penempatan dana / Fund placement
ultimate shareholder
Dewan Komisaris, Direksi dan Karyawan kunci/ Key Simpanan nasabah / Deposits from Board of Commissioners,
pejabat eksekutif management personnel customers Board of Directors and
Pengurus/Management Beban tenaga kerja / Personnel expenses executive officers
Saldo aset produktif, simpanan, pinjaman yang diterima dan The outstanding balances of earning assets, deposits, borrowings
komitmen dan kontinjensi dari pihak berelasi adalah sebagai and commitments and contingencies with related parties were as
berikut: follows:
2024 2023
ASET ASSETS
Kredit yang diberikan dan
pembiayaan syariah (Catatan 13) Loans and sharia financing (Note 13)
Pinjaman manajemen kunci 102.306 100.611 Loans to key managements
Lain-lain 10.138 84.237 Others
Jumlah 112.444 184.848 Total
Persentase terhadap jumlah aset 0,10% 0,18% Percentage to total assets
LIABILITAS LIABILITIES
Simpanan dari nasabah (Catatan 19) 12.268.842 12.644.538 Deposits from customers (Note 19)
Persentase terhadap jumlah liabilitas 13,87% 14,15% Percentage to total liabilities
Simpanan dari bank lain (Catatan 21) Deposits from other banks (Note 21)
PT BPR Jawa Timur (Perseroda) 44.323 56.694 PT BPR Jawa Timur (Perseroda)
Persentase terhadap jumlah liabilitas 0,05% 0,06% Percentage to total liabilities
118
Page 704
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
45. TRANSAKSI DENGAN PIHAK BERELASI (lanjutan) 45. TRANSACTIONS WITH RELATED PARTIES (continued)
LABA RUGI DAN PENGHASILAN PROFIT OR LOSS AND
KOMPREHENSIF LAIN OTHER COMPREHENSIVE INCOME
Pendapatan bunga (Catatan 32) 6.515 13.968 Interest income (Note 32)
Persentase terhadap jumlah Percentage to total
0,08% 0,19%
pendapatan bunga dan syariah interest and sharia income
Beban bunga dan syariah (Catatan 33) 477.325 459.124 Interest and sharia expenses (Note 33)
Persentase terhadap jumlah Percentage to total interest
17,97% 19,82%
beban bunga dan syariah and sharia expenses
Kompensasi manajemen kunci Compensation of key management personnel
Kompensasi kepada personil manajemen kunci Grup (di luar The compensation of key management personnel of the Group
Komisaris dan Direksi) adalah sebagai berikut: (excluding Commissioners and Directors) are follows:
2024 2023
Gaji 23.135 17.656 Salary
Jasa produksi 10.762 12.009 Production bonus
Tunjangan 7.610 7.458 Allowance
Jumlah 41.507 37.123 Total
Jumlah remunerasi yang telah dan akan dibayar untuk periode satu Total remuneration paid and payable for the year ended December
tahun yang berakhir pada tanggal 31 Desember 2024 dan 2023 31,2024 and 2023 to the Board of Commissioners were Rp18,533
untuk Dewan Komisaris, masing-masing adalah Rp18.533 dan and Rp15,130 respectively, and to the Board of Directors were
Rp15.130 dan untuk Direksi, masing-masing adalah Rp45.410 dan Rp45,410 and Rp33,962 respectively.
Rp33.962.
46. PENERUSAN KREDIT 46. CHANNELING LOANS
Bank mengadakan perjanjian dengan berbagai pihak penyedia The Bank entered into agreements with lenders to distribute credit
dana untuk menyalurkan kredit ke sektor usaha tertentu yang for certain business sectors as determined by the lenders. The
ditetapkan oleh pihak penyedia dana. Bank tidak menanggung Bank does not have any credit risk pertaining to the channeling
risiko atas kredit yang disalurkan tersebut, tetapi berkewajiban loans, but it is responsible to implement, administer and manage
melaksanakan, menatausahakan dan mengelola dana kredit yang the funds distributed and the Bank collects an administration fee for
dikeluarkan dan sebagai imbalan Bank menerima jasa administrasi channeling loans of 1% of the loans disbursed.
atas penerusan kredit sebesar 1% dari kredit yang disalurkan.
a. Rincian saldo kredit kelolaan berdasarkan penyedia dana a. The details of balances of channeling loans based on the
adalah sebagai berikut: sources of funds (lenders) are as follows:
2024 2023
Bank Indonesia 402.524 402.524 Bank Indonesia
Pemerintah Provinsi Jawa Timur 127.513 122.698 Government of East Java Province
Kementrian Koperasi dan The Ministry of Cooperatives
Usaha Kecil dan Menengah 43.405 54.451 Small and Medium Scale Enterprises
Yayasan Dana Sejahtera Mandiri 15.942 15.942 Dana Sejahtera Mandiri Foundation
Departemen Kehutanan dan Forestry and Plantation Department
Perkebunan Republik Indonesia 15.326 15.326 of the Republic of Indonesia
Dinas Koperasi dan Pengusaha Department of Cooperatives and Small and
Kecil dan Menengah 12.104 12.826 Medium Enterprises
Departemen Keuangan Republik Indonesia 8.898 8.512 Department of Finance of the Republic of Indonesia
Yayasan Abadi Karya Bhakti 6.038 6.038 Abadi Karya Bhakti Foundation
Dinas Peternakan Provinsi Jawa Timur 2.068 2.098 Livestock Division of East Java Province
Jumlah 633.818 640.415 Total
119
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The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
46. PENERUSAN KREDIT (lanjutan) 46. CHANNELING LOANS (continued)
b. Rincian saldo kredit kelolaan berdasarkan sektor ekonomi b. The details of balances of channeling loans based on
adalah sebagai berikut: economic sector are as follows:
2024 2023
Jasa kemasyarakatan dan sosial budaya 521.958 524.334 Social culture and community services
Pertanian, perburuan dan kehutanan 41.303 42.669 Agriculture. hunting and forestry
Perdagangan besar dan eceran 33.681 35.283 Wholesale and retail
Jasa kesehatan dan kegiatan sosial 8.795 8.573 Health service and social activities
Penyediaan akomodasi makan dan minum 8.102 8.483 Provision of food and drink accommodation
Industri pengolahan 5.512 5.965 Processing industry
Kegiatan yang belum jelas batasannya 5.658 5.896 Undefined activities
Perikanan 5.225 5.404 Fishery
Perantara keuangan 3.026 3.196 Financial intermediary
Jasa perorangan melayani rumah tangga 271 321 Individual service which serve households
Transportasi, perdagangan dan komunikasi 201 205 Transportation, trading and communication
Real estate, usaha persewaan dan jasa 51 51 Real estate, rental and business services
Konstruksi 27 27 Construction
Pertambangan dan penggalian 8 8 Mining and quarying
Jumlah 633.818 640.415 Total
47. INFORMASI SEGMEN USAHA 47. SEGMENT INFORMATION
Informasi yang berkaitan dengan segmen usaha yang operasi dari Information concerning the operating segment information of the
Grup disajikan dalam tabel di bawah ini: Group is set out in the table below:
2024
Konvensional/ Syariah/ Eliminasi/ Jumlah/
Conventional Sharia Elimination Total
Pendapatan segmen 7.878.172 1.519.479 1.015.842 8.381.809 Segment income
Beban segmen (2.489.320) (598.175) (431.284) (2.656.211) Segment expenses
Pendapatan segmen - neto 5.388.852 921.304 584.558 5.725.598 Segment Income - net
Pendapatan operasional lainnya 1.043.264 239.018 - 1.282.282 Other operating income
Penyisihan kerugian penurunan Provision for impairment
nilai atas aset keuangan losses on financial and
dan nonkeuangan (1.220.348) (67.247) - (1.287.595) non-financial assets
Beban operasional lainnya (3.269.765) (784.292) - (4.054.057) Other operating expenses
Laba operasional 1.942.003 308.784 584.558 1.666.229 Income from operations
Pendapatan (beban) non Non-operating income
operasional - neto 4.457 12.033 - 16.490 (expenses) - net
Beban pajak - neto (386.899) - - (386.899) Tax expense - net
Laba tahun berjalan 1.559.561 320.816 584.558 1.295.818 Profit for the year
Jumlah aset 98.646.067 19.547.079 (51.020) 118.142.127 Total assets
2023
Konvensional/ Syariah/ Eliminasi/ Jumlah/
Conventional Sharia Elimination Total
Pendapatan segmen 8.655.645 203.424 1.501.785 7.357.284 Segment income
Beban segmen (3.754.671) (63.298) (1.501.785) (2.316.184) Segment expenses
Pendapatan segmen - neto 4.900.974 140.126 - 5.041.100 Segment Income - net
Pendapatan operasional lainnya 621.079 27.341 - 648.420 Other operating income
Penyisihan kerugian penurunan Provision for impairment
nilai atas aset keuangan losses on financial and
dan nonkeuangan (664.369) (29.767) - (694.136) non-financial assets
Beban operasional lainnya (3.036.456) (103.887) - (3.140.343) Other operating expenses
Laba operasional 1.821.228 33.813 - 1.855.041 Income from operations
Pendapatan (beban) non Non-operating income
operasional - neto 37.270 432 - 37.702 (expenses) - net
Beban pajak - neto (422.638) - - (422.638) Tax expense - net
Laba tahun berjalan 1.435.860 34.245 - 1.470.105 Profit for the year
Jumlah aset 100.761.038 3.620.590 (526.855) 103.854.773 Total assets
120
Page 706
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
48. MANAJEMEN RISIKO 48. RISK MANAGEMENT
Fungsi manajemen risiko dalam pelaksanaannya melakukan Risk management function includes identification, assessment,
identifikasi, penilaian, pengukuran, evaluasi, monitoring, dan measurement, evaluation, monitoring and risk controls, including
pengendalian risiko terkait pula pengembangan sistem teknologi development of technology and management information systems
dan informasi manajemen, serta peningkatan kualitas sumber daya and improvement of human resources quality in risk management.
manusia dalam mengelola risiko.
Penerapan manajemen risiko di Grup mengacu pada Peraturan Implementation of Group's risk management in accordance with the
Otoritas Jasa Keuangan (POJK) No.18/POJK.03/2016 tanggal 16 Financial Services Authority Regulation (POJK)
Maret 2016 tentang Penerapan Manajemen Risiko bagi Bank No.18/POJK.03/2016 dated March 16, 2016 regarding Application
Umum. of Risk Management for Commercial Banks.
Pengelolaan risiko tidak hanya terbatas pada pemantauan, Risk management is not merely related to monitoring, reporting, and
pelaporan dan evaluasi terhadap risiko-risiko yang terjadi, namun evaluating the risks, but also detecting and anticipating the possible
juga mendeteksi dan mengantisipasi risiko-risiko yang mungkin risks.
terjadi.
Pengawasan aktif Dewan Komisaris dan Direksi Grup sangatlah Active monitoring from the Boards of Commissioners and Directors
penting, termasuk membentuk beberapa unit kerja yang bersifat is essential, including establishing several permanent working units
permanen maupun komite untuk menunjang proses pengendalian or ad hoc committees to support the risks control process. This is
risiko. Hal ini diwujudkan dengan pembentukan Divisi implemented by establishing a Risk Management Division and other
Pengendalian Risiko serta beberapa komite seperti Komite several committees such as Risk Monitoring Committee, Risk
Pemantau Risiko, Komite Manajemen Risiko, Komite Aset dan Management Committee, Assets and Liabilities Committee,
Liabilitas, Komite Manajemen Kepegawaian dan Komite Pengarah Personnel Management and IT Steering Committee.
IT.
Grup selalu menyempurnakan seluruh ketentuan internal terkait The Group continously improves internal policies related to risk
pengelolaan risiko, termasuk dari sisi kebijakan, pedoman, management, including policies, standardized operations,
prosedur dan pemanfaatan teknologi informasi. procedures, and information technology utilization.
49. RISIKO KREDIT 49. CREDIT RISK
Sesuai dengan kompleksitas usahanya, Grup telah mengelola 8 In accordance with the complexity of business, the Group has
(delapan) jenis risiko yaitu risiko kredit, risiko likuiditas, risiko managed 8 (eight) risks, namely credit risk, liquidity risk, market
pasar, risiko operasional, risiko hukum, risiko reputasi, risiko risk, operational risk, compliance risk, legal risk, strategic risk and
stratejik dan risiko kepatuhan. reputation risk.
Setiap triwulan, Grup telah menyusun profil risiko yang secara In quarterly, the Group has prepared the risks profile globally which
garis besar dapat mencerminkan tingkat risiko yang dimiliki oleh reflected the Group's risk rate.
Grup.
Kerangka manajemen risiko Risk management framework
Organisasi manajemen risiko Grup melibatkan pengawasan dari The Group’s risk management organization involves oversight from
Dewan Komisaris, Direksi dan Komite Pemantau Risiko. Komite the Board of Commissioner, the Board of Directors, and the Risk
Pemantau Risiko merupakan pengawas risiko tertinggi di Dewan Monitoring Committee. The Risk Monitoring Committee is the
Komisaris. Komite Pemantau Risiko tersebut menyetujui dan highest risk authority in the Board of Commissioner level. The Risk
memonitor pelaksanaan kerangka dan kebijakan manajemen risiko Monitoring Committee approves and monitors the implementation of
Grup. Dewan Komisaris mendelegasikan kuasa kepada Direktur risk management framework and policies of the Group. Board of
Utama dan Direksi untuk mengimplementasikan strategi Commissioner delegate authority to the President Director and
manajemen risiko. Komite Pemantau Risiko dibentuk oleh Direksi Board of Directors to implement the risk management strategy. The
dan bertanggungjawab untuk mengelola risiko yang ada di Grup. Risk Monitoring Committee is established by the Board of Directors
and is responsible for managing risk of the Group.
Kebijakan manajemen risiko Grup ditetapkan untuk The Group’s risk management policies are established to identify
mengidentifikasi dan menganalisa risiko-risiko yang dihadapi Grup, and analyse the risks faced by the Group, to set appropriate risk
untuk menetapkan batasan risiko dan pengendalian yang sesuai, limits and controls, and to monitor risks and adherence to limits
serta untuk mengawasi risiko dan kepatuhan terhadap batasan determined. Risk management policies and systems are reviewed
yang telah ditetapkan. Kebijakan dan sistem manajemen risiko regularly to reflect changes in market conditions, products and
ditelaah secara berkala untuk mencerminkan perubahan dalam services offered. The Group, through its training and management
kondisi pasar, produk, dan jasa yang ditawarkan. Grup, melalui standards and procedures, aims to develop a disciplined and
pelatihan serta standar dan prosedur pengelolaan, berusaha untuk constructive control environment, in which all employees
mengembangkan lingkungan pengendalian yang taat dan understand their roles and obligations.
konstruktif, dimana semua karyawan memahami tugas dan
kewajiban mereka.
121
Page 707
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
49. RISIKO KREDIT (lanjutan) 49. CREDIT RISK (continued)
Komite Audit Grup memiliki tanggung jawab untuk memantau The Group’s Audit Committee is responsible for monitoring
kepatuhan terhadap kebijakan dan prosedur manajemen risiko, compliance with the Group’s risk management policies and
dan untuk menelaah kecukupan kerangka manajemen risiko yang procedures, and for reviewing the adequacy of the risk
terkait dengan risiko-risiko yang dihadapi oleh Grup. Dalam management framework in relation to the risks faced by the Group.
menjalankan fungsinya, Komite Audit dibantu oleh Satuan Kerja The Group’s Audit Committee is assisted in these functions by
Audit Intern. Satuan Kerja Audit Intern secara berkala maupun Internal Audit Task Force. Internal Audit Task Force undertakes
sesuai kebutuhan, menelaah pengendalian dan prosedur both regular and ad-hoc reviews of risk management controls and
manajemen risiko dan melaporkan hasilnya ke Komite Audit Grup. procedures, the results of which are reported to the Group’s Audit
Committee.
Komite Pemantau Risiko mengawasi perkembangan kebijakan The Risk Monitoring Committee supervises the development of risk
manajemen risiko dan menilai penerapannya. Komite juga management policies and assesses the implementation. The
memberikan nasihat mengenai strategi manajemen risiko yang Committee also provides advice on the risk management strategy
harus digunakan oleh Grup. Dalam melaksanakan fungsi to be employed by the Group. In conducting its oversight role, the
pengawasan, Komite Pemantau Risiko akan melakukan Risk Monitoring Committee will also monitor and evaluate the
pengawasan dan evaluasi kinerja Komite Manajemen Risiko. performance of the Risk Management Committee.
Risiko kredit adalah risiko akibat wanprestasi debitur dan/atau Credit risk is the risk of debtors and/or counterparties failure to fulfil
pihak lawan (counterparty) dalam memenuhi liabilitas kepada their obligations to the Group. In relation to the specific credit risk
Grup. Terhadap eksposur risiko kredit spesifik seperti kredit exposure such as individual credits, inter-bank facilities and others,
perorangan, fasilitas antar bank dan sebagainya, Grup melakukan the Group separately evaluates credit risk based on factors which
evaluasi secara tersendiri dengan menggunakan faktor yang dapat may be different, according to the specific characteristics of each
saja berbeda, sesuai dengan karakteristik spesifik dari setiap jenis exposure. In managing credit risk, the Group has credit policies and
eksposur. Dalam mengelola risiko kredit, Grup telah memiliki standard operation procedures that are enhanced periodically in
kebijakan dan pedoman perkreditan, yang disempurnakan secara accordance with independent risk management principles based on
berkala, dengan tetap didasarkan pada prinsip pengelolaan risiko Bank Indonesia regulations, and other external regulations.
yang independen sesuai dengan peraturan Bank Indonesia dan
peraturan eksternal lainnya.
Pengendalian risiko kredit terkait penyediaan dana dengan limit Control of the credit risks related to the provision of funds above a
minimal tertentu harus melalui Komite Kebijakan Perkreditan. certain minimum limit requires approval by the Credit Committee. In
Dalam rangka pengendalian risiko kredit secara komprehensif, the comprehensive credit risk control, the Group continuously
Grup terus meninjau dan menyempurnakan pelaksanaan fungsi reviews and improves the credit risk control function which is
pengendalian risiko kredit yang dijalankan oleh unit yang terekspos conducted by the risk taking unit, among others, by establishing a
terhadap risiko diantaranya dengan pembentukan fungsi analis credit analyst function in the branch.
kredit di cabang.
Pengelolaan risiko kredit yang lebih khusus dilakukan atas Specific credit risk management is performed on the non-performing
portofolio kredit yang bermasalah. Upaya yang dilakukan loans portfolio. Such efforts, among others, are restructuring of non-
diantaranya adalah restrukturisasi fasilitas kredit yang bermasalah, performing loans, providing allowances to cover potential losses,
pembentukan pencadangan untuk menutup potensi kerugian, and write-offs. Specific policy on non-performing loans
hingga pelaksanaan hapus buku. Kebijakan pengelolaan kredit management process has been implemented, including establishing
bermasalah telah dilaksanakan, termasuk pembentukan unit kerja special working units to handle such loans.
khusus untuk mengelola kredit bermasalah.
Grup telah menjalankan proses identifikasi, pengukuran, The Group identifies, measures, monitors, and controls risks which
pemantauan, dan pengendalian risiko yang mencakup profil risiko include credit risk profiles integrated in a comprehensive risk
kredit secara terintegrasi dalam suatu proses manajemen risiko management process.
yang komprehensif.
a. Risiko kredit maksimum a. Maximum credit risk
Untuk aset keuangan yang diakui di laporan posisi keuangan For financial assets recognized in the consolidated statements
konsolidasian, eksposur maksimum terhadap risiko kredit sama of financial position, the maximum exposure to credit risk equals
dengan nilai tercatatnya. Untuk bank garansi yang diterbitkan, their carrying amounts. For the Group guarantees issued and
L/C dan SKBDN yang masih berjalan yang dapat dibatalkan, outstanding revocable L/Cs and Domestic L/Cs, the maximum
eksposur maksimum terhadap risiko kredit adalah nilai exposure to credit risk is the maximum amount that the Group
maksimum yang harus dibayarkan oleh Grup jika liabilitas atas has to pay if the obligations under the Group guarantees issued
bank garansi, L/C, dan SKBDN tersebut terjadi. Untuk fasilitas and outstanding revocable L/Cs and Domestic L/Cs are called
kredit kepada nasabah yang belum digunakan, eksposur upon. For unused loans commitments granted to customers, the
maksimum terhadap risiko kredit adalah sebesar komitmen maximum exposure to credit risk is the committed amount.
tersebut.
Eksposur maksimum Grup terhadap risiko kredit untuk The Group’s maximum exposure to credit risk of consolidated
instrumen keuangan pada laporan posisi keuangan statements of financial position and administrative accounts
konsolidasian dan rekening administrasi, dinilai tanpa financial instruments, is valued without taking into account any
memperhitungkan agunan yang dimiliki atau perlindungan collateral held or other credit enhancement.
kredit lainnya.
122
Page 708
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
49. RISIKO KREDIT (lanjutan) 49. CREDIT RISK (continued)
b. Risiko konsentrasi kredit b. Credit concentration risk
Pada tanggal 31 Desember 2024 dan 2023, pengungkapan As of December 31, 2024 and 2023, the disclosure of the
risiko kredit maksimum berdasarkan konsentrasi sebelum maximum credit risk by concentration without taking into
memperhitungkan agunan yang dimiliki dan perjanjian master account any collateral held and master netting agreements is as
netting adalah sebagai berikut: follows:
2024
Jawa selain
Jawa Timur/
Java other
Jawa Timur/ than East Kalimantan/ Lain-lain/ Jumlah/
East Java Java Sumatera Borneo Other Total
Posisi keuangan Financial position
Giro pada Bank Indonesia - 5.584.147 - - - 5.584.147 Current accounts with Bank Indonesia
Giro pada bank lain 337.522 132.871 - - 34.513 504.907 Current accounts with other banks
Penempatan pada Placements with
Bank Indonesia Bank Indonesia
dan bank lain 209.187 923.817 149.891 - 349.297 1.632.192 and other banks
Surat berharga Marketable securities
Biaya perolehan diamortisasi 529.609 9.591.534 300.000 195.000 1.963.683 12.579.826 Amortized cost
Nilai wajar melalui Fair value through
pendapatan komprehensif lain - 7.784.666 - - - 7.784.666 other comprehensive income
Surat berharga yang dijual Marketable securities sold under
dengan janji dibeli kembali 294.836 8.037.919 227.118 589.672 - 9.149.544 repurchased agreement
Tagihan dari surat berharga yang Receivable from marketable securities
dibeli dengan janji dijual kembali - 608.214 - 9.646 - 617.860 purchased under resale agreement
Tagihan spot dan derivatif - 1.144 - - - 1.144 Receivables of spot and derivatif
Tagihan lainnya 243.005 - 11.331 - - 254.336 Other receivables
Kredit yang diberikan dan Loans and
piutang/pembiayaan syariah 56.473.881 5.879.198 245.648 1.111 10.639.677 73.239.516 sharia receivables/financing
Pendapatan bunga yang
masih akan diterima 747.031 - 43.703 - - 790.734 Interest receivables
Jumlah 58.835.072 38.543.509 977.691 795.429 12.987.172 112.138.873 Total
Rekening administratif Administrative accounts
Fasilitas kredit Unused loans
kepada nasabah commitments granted
yang belum digunakan 2.972.505 1.118.173 4.684 1 166.646 4.262.009 to customers
Bank garansi yang Bank guarantees
diterbitkan 514.700 173.515 - - 4.082 692.297 issued
Jumlah 3.487.205 1.291.688 4.684 1 170.728 4.954.306 Total
2023
Jawa selain
Jawa Timur/
Java other
Jawa Timur/ than East Kalimantan/ Lain-lain/ Jumlah/
East Java Java Sumatera Borneo Other Total
Posisi keuangan Financial position
Giro pada Bank Indonesia - 7.971.412 - - - 7.971.412 Current accounts with Bank Indonesia
Giro pada bank lain - 490.253 - - - 490.253 Current accounts with other banks
Penempatan pada Placements with
Bank Indonesia Bank Indonesia
dan bank lain 842.093 2.281.988 1.000.000 290.000 815.614 5.229.695 and other banks
Surat berharga Marketable securities
Biaya perolehan diamortisasi - 8.560.761 - - - 8.560.761 Amortized cost
Nilai wajar melalui Fair value through
pendapatan komprehensif lain - 7.762.560 - - - 7.762.560 other comprehensive income
Surat berharga yang dijual Marketable securities sold under
dengan janji dibeli kembali - 8.303.663 - - - 8.303.663 repurchased agreement
Tagihan dari surat berharga yang Receivable from marketable securities
dibeli dengan janji dijual kembali - 6.247.318 - - - 6.247.318 purchased under resale agreement
Tagihan spot dan derivatif Receivables of spot and derivatif
Tagihan lainnya 223.138 - - - - 223.138 Other receivables
Kredit yang diberikan dan Loans and
piutang/pembiayaan syariah 45.736.277 6.248.084 935.692 472.895 3.050 53.395.998 sharia receivables/financing
Pendapatan bunga yang
masih akan diterima 685.734 - - - - 685.734 Interest receivables
Jumlah 47.487.242 47.866.039 1.935.692 762.895 818.664 98.870.532 Total
123
Page 709
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
49. RISIKO KREDIT (lanjutan) 49. CREDIT RISK (continued)
b. Risiko konsentrasi kredit (lanjutan) b. Credit concentration risk (continued)
2023
Jawa selain
Jawa Timur/
Java other
Jawa Timur/ than East Kalimantan/ Lain-lain/ Jumlah/
East Java Java Sumatera Borneo Other Total
Rekening administratif Administrative accounts
Fasilitas kredit Unused loans
kepada nasabah commitments granted
yang belum digunakan 2.875.686 872.815 6.195 15.569 - 3.770.265 to customers
Bank garansi yang Bank guarantees
diterbitkan 696.574 - - - - 696.574 issued
Jumlah 3.572.260 872.815 6.195 15.569 - 4.466.839 Total
Konsentrasi risiko kredit berdasarkan sektor industri Concentration of credit risk by industry sector
2024
Pemerintah Lembaga
dan Bank keuangan Perusahaan
Indonesia/ bukan bank/
Lainnya/
Government Non-bank
and Bank financial Bank/ Other Perseorangan/ Jumlah/
Indonesia institutions Banks Companies Individuals Total
Posisi keuangan Financial position
Giro pada Bank Indonesia 5.584.147 - - - - 5.584.147 Current accounts with Bank Indonesia
Giro pada bank lain - - 504.907 - - 504.907 Current accounts with other banks
Penempatan pada Placements with
Bank Indonesia Bank Indonesia
dan bank lain - - 1.067.192 - 665.000 1.732.192 and other banks
Surat berharga Marketable securities
Biaya perolehan diamortisasi 8.649.199 - 2.098.218 1.832.409 - 12.579.826 Amortized cost
Nilai wajar melalui Fair value through
pendapatan komprehensif lain 7.784.666 - - - - 7.784.666 other comprehensive income
Surat berharga yang dijual Marketable securities sold under
dengan janji dibeli kembali 6.627.530 - 2.522.015 - - 9.149.544 repurchased agreement
Tagihan dari surat berharga yang Receivable from marketable securities
dibeli dengan janji dijual kembali - - 617.860 - - 617.860 purchased under resale agreement
Tagihan spot dan derivatif - - - - 1.144 1.144 Receivables of spot and derivatif
Tagihan lainnya - - - - 254.336 254.336 Other receivables
Kredit yang diberikan dan Loans and
piutang/pembiayaan syariah 135.926 486.594 437.244 12.210.399 59.969.353 73.239.516 sharia receivables/financing
Pendapatan bunga yang
masih akan diterima - - - - 790.734 790.734 Interest receivables
Jumlah 28.781.467 486.594 7.247.437 14.042.808 61.680.567 112.238.873 Total
Rekening administratif Administrative accounts
Fasilitas kredit Unused loans
kepada nasabah commitments granted
yang belum digunakan 9.819 109.578 58.709 3.457.528 626.375 4.262.009 to customers
Bank garansi yang Bank guarantees
diterbitkan - 500 - 691.009 788 692.297 issued
Jumlah 9.819 110.078 58.709 4.148.537 627.163 4.954.306 Total
124
Page 710
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
49. RISIKO KREDIT (lanjutan) 49. CREDIT RISK (continued)
b. Risiko konsentrasi kredit (lanjutan) b. Credit concentration risk (continued)
Konsentrasi risiko kredit berdasarkan sektor industri (lanjutan) Concentration of credit risk by industry sector (continued)
2023
Pemerintah Lembaga
dan Bank keuangan Perusahaan
Indonesia/ bukan bank/
Lainnya/
Government Non-bank
and Bank financial Bank/ Other Perseorangan/ Jumlah/
Indonesia institutions Banks Companies Individuals Total
Posisi keuangan Financial position
Giro pada Bank Indonesia 7.971.412 - - - - 7.971.412 Current accounts with Bank Indonesia
Giro pada bank lain - - 490.253 - - 490.253 Current accounts with other banks
Penempatan pada Placements with
Bank Indonesia Bank Indonesia
dan bank lain 5.229.695 - - - - 5.229.695 and other banks
Surat berharga Marketable securities
Biaya perolehan diamortisasi 5.890.446 - 463.025 2.207.290 - 8.560.761 Amortized cost
Nilai wajar melalui Fair value through
pendapatan komprehensif lain 7.762.560 - - - - 7.762.560 other comprehensive income
Surat berharga yang dijual Marketable securities sold under
dengan janji dibeli kembali 8.303.663 repurchased agreement
Surat berharga yang dibeli Marketable securities purchased
dengan janji dijual kembali - - 6.247.318 - - 6.247.318 under resale agreement
Tagihan lainnya - - - - 223.138 223.138 Other receivables
Kredit yang diberikan dan Loans and
piutang/pembiayaan syariah 106.529 360.484 1.227.326 9.213.054 42.488.605 53.395.998 sharia receivables/financing
Pendapatan bunga yang
masih akan diterima 275 2.389 2.281 33.110 647.679 685.734 Interest receivables
Jumlah 35.264.580 362.873 8.430.203 11.453.454 43.359.422 90.566.869 Total
Rekening administratif Administrative accounts
Fasilitas kredit Unused loans
kepada nasabah commitments granted
yang belum digunakan - - 65.971 - 3.704.294 3.770.265 to customers
Bank garansi yang Bank guarantees
diterbitkan - - - - 699.574 699.574 issued
Jumlah - - 65.971 - 4.403.868 4.469.839 Total
c. Agunan dan perlindungan kredit lainnya c. Collateral and other credit enhancements
Grup telah memiliki buku pedoman tentang cara menilai dan The Group has a guidebook on how to value the type of
jenis jaminan yang bisa diterima sebagai mitigasi risiko kredit. collateral that can be accepted as credit risk mitigation. Some
Beberapa agunan utama yang diperoleh adalah tanah, major collateral obtained includes land, buildings and vehicles.
bangunan dan kendaraan. Grup juga memiliki beberapa The Group also has certain credit facilities guaranteed by third
fasilitas kredit yang mendapat penjaminan dari pihak ketiga. parties.
Umumnya, agunan diperlukan untuk setiap pemberian kredit Generally, collateral is required for all credits extended as a
sebagai sumber sekunder pelunasan kredit dan sebagai salah secondary source of credit repayment and also as a form of
satu bentuk mitigasi risiko kredit. Sumber utama pelunasan credit risk mitigation. The primary source of credit repayment is
kredit adalah dari hasil usaha debitur. the funds generated from business operations of the borrowers.
d. Kualitas aset keuangan d. Quality of financial assets
Grup telah memiliki kebijakan yang telah diterapkan secara The Group has a policy that has been consistently applied for
konsisten untuk pemeringkatan risiko atas portofolio aset risk assessment of the financial asset portfolio. This rating
keuangan. Sistem peringkat ini didukung oleh berbagai analisis system is supported by a variety of financial analyses,
keuangan, dikombinasikan dengan informasi pasar yang telah combined with market information that has been processed for
diolah guna pengukuran risiko pihak lawan. Semua peringkat the measurement of counterparty risk. All risk ratings are
risiko disesuaikan dengan berbagai kategori dan ditentukan adjusted to the various categories and ranks as determined in
sesuai dengan panduan peringkat Bank Indonesia. accordance with Bank Indonesia’s rating guidance.
125
Page 711
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
49. RISIKO KREDIT (lanjutan) 49. CREDIT RISK (continued)
e. Evaluasi penurunan nilai e. Impairment assessment
Pengukuran risiko kredit Credit risk measurement
Estimasi eksposur kredit untuk tujuan manajemen risiko adalah The estimation of credit exposure for risk management
kompleks dan mensyaratkan penggunaan model, karena purposes is complex and requires the use of models, as the
eksposur yang bervariasi dengan perubahan kondisi pasar, exposure varies with changes in market conditions, expected
arus kas ekspektasian dan berlalunya waktu. Penilaian risiko cash flows and the passage of time. The assessment of credit
kredit dari portofolio aset memerlukan estimasi lebih lanjut risk of a portfolio of assets entails further estimations as to the
mengenai kemungkinan terjadinya gagal bayar, rasio kerugian likelihood of defaults occurring, of the associated loss ratios and
terkait dan korelasi gagal bayar antara pihak lawan. Grup of default correlations between counterparties. The Group
mengukur risiko kredit menggunakan Probability of Default measures credit risk using Probability of Default (PD), Exposure
(PD), Exposure at Default (EAD) dan Loss Given Default at Default (EAD) and Loss Given Default (LGD). This is similar
(LGD). Hal ini sama dengan pendekatan yang digunakan untuk to the approach used for the purposes of measuring Expected
tujuan mengukur Kerugian Kredit Ekspektasian (ECL) Credit Loss (ECL) under PSAK 109.
berdasarkan PSAK 109.
Pengukuran kerugian kredit ekspektasian Expected credit loss measurement
PSAK 109 mengikhtisarkan model “tiga tahap” untuk PSAK 109 outlines a “three-stage” model for impairment based
penurunan nilai berdasarkan perubahan kualitas kredit sejak on changes in credit quality since initial recognition as
pengakuan awal seperti diikhtisarkan di bawah ini: summarised below:
- Instrumen keuangan yang tidak mengalami penurunan nilai - A financial instrument that is not credit-impaired on initial
pada pengakuan awal diklasifikasikan ke dalam “Tahap 1” recognition is classified in ‘Stage 1’ and has its credit risk
dan risiko kreditnya terus dipantau oleh Grup. continuously monitored by the Group.
- Jika peningkatan signifikan dalam risiko kredit (SICR) sejak - If a significant increase in credit risk (SICR) since initial
pengakuan awal diidentifikasi, instrumen keuangan recognition is identified, the financial instrument is moved to
dipindahkan ke “Tahap 2” tetapi belum diakui sebagai kredit ‘Stage 2’ but is not yet deemed to be credit-impaired.
yang mengalami penurunan nilai.
- Jika instrumen keuangan mengalami penurunan nilai, - If the financial instrument is credit-impaired, the financial
instrumen keuangan kemudian dipindahkan ke “Tahap 3”. instrument is then moved to “Stage 3”.
- Instrumen keuangan pada Tahap 1 memiliki ECL yang - Financial instruments in Stage 1 have their ECL measured at
diukur pada jumlah yang sama dengan bagian dari kerugian an amount equal to the portion of lifetime expected credit
kredit ekspektasian sepanjang umurnya yang dihasilkan dari losses that result from default events possible within the next
peristiwa gagal bayar yang mungkin terjadi dalam 12 bulan 12 months. Instruments in Stages 2 or 3 have their ECL
ke depan. Instrumen dalam Tahap 2 atau 3 ECL diukur measured based on expected credit losses on a lifetime
berdasarkan pada kerugian kredit ekspektasian sepanjang basis.
umurnya.
- Konsep pervasif dalam mengukur ECL sesuai dengan PSAK - A pervasive concept in measuring ECL in accordance with
109 adalah bahwa konsep tersebut harus PSAK 109 is that it should consider forward-looking
mempertimbangkan informasi perkiraan masa depan. information.
- Aset keuangan yang dibeli atau yang berasal dari aset - Purchased or originated credit-impaired financial assets are
keuangan yang memburuk adalah aset keuangan yang those financial assets that are credit-impaired on initial
mengalami penurunan nilai pada saat pengakuan awal. ECL recognition. Their ECL is always measured on a lifetime
selalu diukur sepanjang umurnya (Tahap 3). basis (Stage 3).
Peningkatan signifikan pada risiko kredit (SICR) Significant increase in credit risk (SICR)
Grup mempertimbangkan instrumen keuangan telah The Group consider a financial instrument to have experienced
mengalami peningkatan risiko kredit yang signifikan ketika significant increase in credit risk when the borrower is more
peminjam menunggak pembayaran kontraktualnya lebih dari 30 than 30 days past due on its contractual payments.
hari.
126
Page 712
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
49. RISIKO KREDIT (lanjutan) 49. CREDIT RISK (continued)
e. Evaluasi penurunan nilai (lanjutan) e. Impairment assessment (continued)
Definisi gagal bayar dan aset yang mengalami penurunan Definition of default and credit-impaired assets
nilai kredit
Grup mendefinisikan instrumen keuangan sebagai gagal bayar, The Group defines a financial instrument as in default, which is
yang sepenuhnya sesuai dengan definisi kredit yang fully aligned with the definition of credit-impaired, when it meets
mengalami penurunan nilai, ketika memenuhi satu atau lebih one or more of the following criteria:
kriteria berikut:
Kriteria kuantitatif Quantitative criteria
Peminjam yang tertunggak lebih dari 90 hari atas pembayaran The borrower is more than 90 days past due on its contractual
kontraktualnya. payments.
Kriteria kualitatif Qualitative criteria
Peminjam memenuhi kriteria tidak mampu membayar, yang The borrower meets unlikeliness to pay criteria, which indicates
menunjukkan peminjam dalam kesulitan keuangan yang the borrower is in significant financial difficulty, as described in
signifikan, sebagaimana dijelaskan pada Catatan 2o. Note 2o.
Kriteria tersebut telah diterapkan pada semua instrumen The criteria have been applied to all financial instruments held
keuangan yang dimiliki oleh Grup dan konsisten dengan by the Group and are consistent with the definition of default
definisi gagal bayar yang digunakan untuk tujuan manajemen used for internal credit risk management purposes. The default
risiko kredit internal. Definisi gagal bayar telah diterapkan definition has been applied consistently to model the Probability
secara konsisten untuk model Probability of Default (PD), of Default (PD), Exposure at Default (EAD) and Loss given
Exposure at Default (EAD) dan Loss Given Default (LGD) Default (LGD) throughout the Group’s expected loss
sepanjang perhitungan kerugian ekspektasian Grup. calculations.
Pertimbangan utama dalam melakukan evaluasi penurunan The main considerations for the loan impairment assessment
nilai kredit yang diberikan khususnya pembayaran pokok atau include whether any payments of principal or interest are
bunga yang jatuh tempo lebih dari 90 hari atau terdapat overdue by more than 90 days or there are any known
kesulitan atau pelanggaran dari persyaratan yang terdapat difficulties, or non-compliance of the original terms of the
dalam kontrak awal. Bank melakukan evaluasi penurunan nilai contract. The Group evaluates impairment assessments using
dengan dua metode yaitu evaluasi penurunan nilai secara two methods: individual and collective impairment assessment.
individual dan kolektif.
Grup menentukan penyisihan kerugian penurunan nilai secara The Group determines the allowances for impairment losses for
individual untuk masing-masing kredit yang diberikan yang each significant loan on an individual basis.
signifikan.
Hal-hal yang dipertimbangkan dalam menentukan jumlah Items considered when determining allowance for impairment
penyisihan kerugian penurunan nilai antara lain kemampuan losses include the sustainability of the debtors’ business plan,
debitur untuk memperbaiki kinerja saat menghadapi kesulitan its ability to improve performance once a financial difficulty has
keuangan, proyeksi penerimaan dan ekspektasi pengeluaran arisen, projected receipts and the expected payout should
saat terjadi kepailitan, ketersediaan dukungan keuangan bankruptcy occurs, the availability of other financial support,
lainnya, termasuk klaim terhadap pihak asuransi, nilai agunan including claim for the insurance party, the realizability of
yang dapat direalisasikan, dan ekspektasi waktu diperolehnya collateral, and the timing of expected cash flows.
arus kas.
Penyisihan kerugian penurunan nilai dievaluasi setiap tanggal The allowance for impairment losses is evaluated at each
pelaporan. Sedangkan evaluasi penyisihan kerugian reporting date. The allowance for impairment losses based on
penurunan nilai secara kolektif dilakukan atas kredit yang collective evaluation is made for the loans which are not
diberikan yang tidak signifikan secara individual. Namun bila individually significant. But if there is objective evidence of
ada bukti obyektif penurunan nilai khususnya pembayaran impairment or certain principal payment or interest are
pokok atau bunga menunggak lebih dari 90 hari, sistem akan outstanding for more than 90 days, the system will calculate the
menghitung penurunan nilai secara individual. individual impairment.
Mengukur ECL - Penjelasan input, asumsi dan teknik Measuring ECL – Explanation of inputs, assumptions and
estimasi estimation techniques
Kerugian Kredit Ekspektasian (ECL) diukur pada basis 12 The Expected Credit Loss (ECL) is measured on either a 12-
bulan atau sepanjang umurnya tergantung apakah peningkatan month or Lifetime basis depending on whether a significant
signifikan dalam risiko kredit telah terjadi sejak pengakuan awal increase in credit risk has occurred since initial recognition or
atau apakah suatu aset dianggap telah mengalami penurunan whether an asset is considered to be credit-impaired. Expected
nilai. Kerugian kredit ekspektasian adalah hasil diskonto dari credit losses are the discounted product of the PD, EAD, and
PD, EAD, dan LGD, didefinisikan sebagai berikut: LGD, defined as follows:
127
Page 713
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
49. RISIKO KREDIT (lanjutan) 49. CREDIT RISK (continued)
e. Evaluasi penurunan nilai (lanjutan) e. Impairment assessment (continued)
Mengukur ECL - Penjelasan input, asumsi dan teknik Measuring ECL – Explanation of inputs, assumptions and
estimasi (lanjutan) estimation techniques (continued)
- PD mewakili kemungkinan peminjam gagal bayar atas - The PD represents the likelihood of a borrower defaulting on
kewajiban keuangannya (sesuai “definisi default dan kredit its financial obligation (as per “definition of default and credit-
yang mengalami penurunan nilai” di atas), baik selama 12 impaired” above), either over the next 12 months, or over the
bulan ke depan, atau selama sisa umurnya (PD sepanjang remaining lifetime (lifetime PD) of the obligation.
umurnya) dari kewajiban.
- EAD didasarkan pada jumlah yang diharapkan dari Grup - EAD is based on the amounts the Group expects to be owed
pada saat gagal bayar, selama 12 bulan ke depan atau at the time of default, over the next 12 months or over the
selama sisa umurnya (lifetime EAD). Misalnya, untuk remaining lifetime (lifetime EAD). For example, for a revolving
komitmen revolving , Grup memasukkan saldo yang ditarik commitment, the Group includes the current drawn balance
saat ini ditambah jumlah yang diharapkan akan ditarik plus any further amount that is expected to be drawn up to
hingga batas kontrak pada saat gagal bayar, jika hal itu the current contractual limit by the time of default, should it
terjadi. occur.
- (LGD) mewakili ekspektasi Grup tentang tingkat kerugian - (LGD) represents the Group’s expectation of the extent of
pada eksposur gagal bayar. LGD dinyatakan sebagai loss on a defaulted exposure. LGD is expressed as a
persentase kerugian per unit eksposur pada saat gagal percentage loss per unit of exposure at the time of default
bayar (EAD). (EAD).
ECL ditentukan dengan memproyeksikan PD, LGD dan EAD The ECL is determined by projecting the PD, LGD and EAD for
untuk setiap bulan berikutnya dan untuk setiap eksposur each future month and for each individual exposure or collective
individu atau segmen kolektif. Tiga komponen ini dikalikan segment. These three components are multiplied together. This
bersama. Perhitungan efektif ECL ini dilakukan untuk setiap effectively calculates an ECL for each future month, which is
bulan berikutnya, yang kemudian didiskontokan kembali ke then discounted back to the reporting date and summed. The
tanggal pelaporan dan dijumlahkan. Tingkat diskonto yang discount rate used in the ECL calculation is the original effective
digunakan pada perhitungan ECL adalah suku bunga efektif interest rate or an approximation thereof.
awal atau perkiraannya.
PD sepanjang umurnya dikembangkan dengan menerapkan The lifetime PD is developed by applying a maturity profile to
profil jatuh tempo ke PD 12 bulan saat ini. Profil jatuh tempo the current 12 months PD. The maturity profile looks at how
melihat bagaimana gagal bayar muncul pada portofolio dari titik defaults develop on a portfolio from the point of initial
pengakuan awal sepanjang masa umur pinjaman. Profil jatuh recognition throughout the lifetime of the loans. The maturity
tempo didasarkan pada data historis yang diamati dan profile is based on historical observed data and is assumed to
diasumsikan sama pada semua aset dalam portofolio dan be the same across all assets within a portfolio and credit grade
peringkat kredit. Hal ini telah didukung oleh analisis historis. band. This is supported by historical analysis.
EAD 12 bulan dan sepanjang umurnya ditentukan berdasarkan The 12 month and lifetime EADs are determined based on the
profil pembayaran yang diharapkan, yang bervariasi expected payment profile, which varies by product type.
berdasarkan jenis produk.
- Untuk produk yang diamortisasi dan pinjaman dengan - For amortising products and bullet repayment loans, this is
pembayaran di akhir, didasarkan pada pembayaran based on the contractual repayments owed by the borrower
kontraktual yang terutang oleh peminjam selama 12 bulan over a 12 month or lifetime basis. This will also be adjusted
atau sepanjang umurnya. Hal ini juga akan disesuaikan for any expected overpayments made by a borrower. Early
dengan pembayaran lebih yang diharapkan dari peminjam. repayment/refinance assumptions are also incorporated into
Asumsi pembayaran/pembiayaan kembali lebih awal juga the calculation.
dimasukkan ke dalam perhitungan.
- Untuk produk revolving, eksposur pada gagal bayar - For revolving products, the exposure at default is predicted
diperkirakan dengan mengambil saldo saat ini yang telah by taking current drawn balance and adding a “credit
ditarik dan menambahkan "faktor konversi kredit" yang conversion factor” which allows for the expected drawdown
diharapkan untuk ditarik dari batas yang tersisa pada saat of the remaining limit by the time of default. These
gagal bayar. Asumsi-asumsi ini bervariasi berdasarkan jenis assumptions vary by product type and current limit utilisation
produk dan batasan pemanfaatan limit, berdasarkan analisis band, based on analysis of the Group’s recent default data.
dari data standar terkini Bank.
LGD ditentukan berdasarkan faktor-faktor yang mempengaruhi The LGDs are determined based on the factors which impact
pemulihan yang dibuat pasca gagal bayar. Hal ini bervariasi the recoveries made post default. These vary by product type.
berdasarkan jenis produk. LGD ini dipengaruhi oleh strategi These LGD’s are influenced by collection strategies, including
penagihan, termasuk penjualan dan harga utang kontraktual. contracted debt sales and price.
128
Page 714
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
49. RISIKO KREDIT (lanjutan) 49. CREDIT RISK (continued)
e. Evaluasi penurunan nilai (lanjutan) e. Impairment assessment (continued)
Mengukur ECL - Penjelasan input, asumsi dan teknik Measuring ECL – Explanation of inputs, assumptions and
estimasi (lanjutan) estimation techniques (continued)
Perkiraan informasi ekonomi masa depan (forward-looking) Forward-looking economic information is also included in
juga termasuk dalam menentukan PD 12 bulan dan sepanjang determining the 12 month and lifetime PD, EAD and LGD.
umurnya, EAD dan LGD. Asumsi-asumsi ini bervariasi These assumptions vary by product type.
berdasarkan jenis produk.
Asumsi yang mendasari perhitungan ECL seperti bagaimana The assumptions underlying the ECL calculation - such as how
profil PD dan lain-lain dipantau dan ditelaah setiap tahun. the maturities profile of the PDs abd others – are monitored and
reviewed on a yearly basis.
Tidak ada perubahan signifikan dalam teknik estimasi atau There have been no significant changes in estimation
asumsi signifikan yang dibuat selama periode pelaporan. techniques or significant assumptions made during the reporting
period.
Informasi perkiraan masa depan yang tergabung dalam Forward-looking information incorporated in the ECL
model ECL models
Penilaian SICR dan perhitungan ECL keduanya The assessment of SICR and the calculation of ECL both
menggabungkan informasi berwawasan ke depan. Grup telah incorporate forward-looking information. The Group has
melakukan analisis historis dan mengidentifikasi variabel performed historical analysis and identified the key economic
ekonomi utama yang berdampak pada risiko kredit dan variables impacting credit risk and expected credit losses for
kerugian kredit yang diperkirakan untuk masing-masing each portfolio.
portofolio.
Variabel ekonomi ini dan dampaknya yang terkait pada PD, These economic variables and their associated impact on the
EAD dan LGD bervariasi menurut instrumen keuangan. PD, EAD and LGD vary by financial instrument. Forecasts of
Perkiraan variabel-variabel ekonomi ini (skenario ekonomi these economic variables (the base economic scenario) are
dasar) disediakan oleh Grup setiap tahun dan memberikan provided by the Group on a quarterly basis and provide the best
pandangan estimasi ekonomi terbaik selama 3 (tiga) tahun ke estimate view of the economy over the next 3 (three) years. The
depan. Dampak dari variabel-variabel ekonomi ini pada PD, impact of these economic variables on the PD, EAD and LGD
EAD dan LGD telah ditentukan dengan melakukan analisis has been determined by performing statistical regression
regresi statistik untuk memahami dampak perubahan dalam analysis to understand the impact changes in these variables
variabel-variabel ini secara historis pada tingkat standar dan have had historically on default rates and on the components of
pada komponen-komponen LGD dan EAD. LGD and EAD.
Selain skenario ekonomi, Grup juga menyediakan skenario lain In addition to the base economic scenario, the Group’s
yang memungkinkan beserta bobot skenario. Jumlah skenario Economics team also provide other possible scenarios along
lain yang digunakan ditetapkan berdasarkan analisis setiap with scenario weightings. The number of other scenarios used
jenis produk utama untuk memastikan non-linearitas diketahui. is set based on the analysis of each major product type to
Jumlah skenario dan atributnya dinilai kembali pada setiap ensure non-linearities are captured. The number of scenarios
tanggal pelaporan. Bobot skenario ditentukan oleh kombinasi and their attributes are reassessed at each reporting date. The
analisis statistik dan analisa kredit, dengan mempertimbangkan scenario weightings are determined by a combination of
kisaran hasil yang mungkin masing-masing skenario yang statistical analysis and expert credit judgement, taking account
dipilih mewakili. of the range of possible outcomes each chosen scenario is
representative of.
Penilaian SICR dilakukan dengan menggunakan PD sepanjang The assessment of SICR is performed using the Lifetime PD
umurnya di masing-masing basis, dan skenario lainnya, under each of the base, and the other scenarios, multiplied by
dikalikan dengan pembobotan skenario terkait. Hal ini the associated scenario weighting. This determines whether the
menentukan apakah seluruh instrumen keuangan berada whole financial instrument is in Stage 1, Stage 2, or Stage 3 and
dalam Tahap 1, Tahap 2, atau Tahap 3 dan karenanya apakah hence whether 12-month or lifetime ECL should be recorded.
ECL 12 bulan atau sepanjang umurnya harus dicatat. Setelah Following this assessment, the Group measures ECL as either
penilaian ini, Grup mengukur ECL sebagai probabilitas a probability weighted 12 month ECL (Stage 1), or a probability
tertimbang ECL 12 bulan (Tahap 1), atau probabilitas weighted lifetime ECL (Stages 2 and 3). These probability-
tertimbang ECL sepanjang umurnya (Tahap 2 dan 3). weighted ECLs are determined by running each scenario
Probabilitas ECL terbobot ini ditentukan dengan menjalankan through the relevant ECL model and multiplying it by the
setiap skenario melalui model ECL yang relevan dan appropriate scenario weighting.
mengalikannya dengan pembobotan skenario yang sesuai.
129
Page 715
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
49. RISIKO KREDIT (lanjutan) 49. CREDIT RISK (continued)
e. Evaluasi penurunan nilai (lanjutan) e. Impairment assessment (continued)
Asumsi variabel ekonomi Economic variable assumptions
Seperti halnya perkiraan ekonomi, proyeksi dan kemungkinan As with any economic forecasts, the projections and likelihoods
terjadinya tunduk pada tingkat ketidakpastian bawaan yang of occurrence are subject to a high degree of inherent
tinggi dan oleh karena itu hasil aktual memungkinkan berbeda uncertainty and therefore the actual outcomes may be
secara signifikan dengan yang diproyeksikan. Grup significantly different to those projected. The Group considers
menganggap ramalan ini untuk mewakili perkiraan terbaik dari these forecasts to represent its best estimate of the possible
hasil yang mungkin dan telah menganalisis non-linearitas dan outcomes and has analysed the non-linearities and
asimetri dalam portofolio Grup yang berbeda untuk asymmetries within the Group’s different portfolios to establish
menetapkan bahwa skenario yang dipilih tepat mewakili that the chosen scenarios are appropriately representative of
berbagai skenario yang memungkinkan. the range of possible scenarios.
Penyisihan kerugian Loss allowance
Penyisihan kerugian yang diakui pada periode tersebut The loss allowance recognized in the period is impacted by a
dipengaruhi oleh berbagai faktor, seperti dijelaskan di bawah variety of factors, as described below:
ini:
- Transfer antara Tahap 1 dan Tahap 2 atau 3 karena - Transfers between Stage 1 and Stages 2 or 3 due to
instrumen keuangan mengalami peningkatan (atau financial instruments experiencing significant increases (or
penurunan) risiko kredit yang signifikan atau menjadi kredit decreases) of credit risk or becoming credit-impaired in the
yang mengalami penurunan nilai dalam periode tersebut, period, and the consequent “step up” (or “step down”)
dan akibatnya “peningkatan” (atau “penurunan”) antara 12 between 12-month and Lifetime ECL;
bulan dan ECL sepanjang umurnya;
- Penyisihan tambahan untuk instrumen keuangan baru yang - Additional allowances for new financial instruments
diakui selama periode berjalan, serta penghentian recognized during the period, as well as releases for financial
pengakuan instrumen keuangan pada periode tersebut; instruments de-recognized in the period;
- Dampak pada pengukuran ECL karena perubahan PD, EAD - Impact on the measurement of ECL due to changes in PDs,
dan LGD pada periode tersebut, yang timbul dari perubahan EADs and LGDs in the period, arising from regular refreshing
input secara rutin ke model; of inputs to models;
- Dampak pada pengukuran ECL karena perubahan yang - Impacts on the measurement of ECL due to changes made
dilakukan pada model dan asumsi; dan to models and assumptions; and
- Aset keuangan dihentikan pengakuannya selama periode - Financial assets derecognized during the period and write-
berjalan dan penghapusan cadangan terkait dengan aset offs of allowances related to assets that were written off
yang dihapusbukukan selama periode berjalan. during the period.
Kebijakan penghapusbukuan Write-off policy
Grup menghapus aset keuangan, seluruhnya atau sebagian, The Group writes off financial assets, in whole or in part, when it
ketika telah melakukan semua upaya pemulihan dan telah has exhausted all practical recovery efforts and has concluded
menyimpulkan bahwa tidak ada ekspektasi yang wajar atas there is no reasonable expectation of recovery. Indicators that
pemulihan. Indikator bahwa tidak ada ekspektasi pemulihan there is no reasonable expectation of recovery include (i)
yang masuk akal termasuk (i) menghentikan aktivitas proses ceasing enforcement activity and (ii) where the Group’s
hukum dan (ii) ketika metode pemulihan Grup adalah recovery method is foreclosing on collateral and the value of the
pengambilalihan agunan dan nilai agunan sedemikian rupa collateral is such that there is no reasonable expectation of
sehingga tidak ada ekspektasi yang wajar untuk pemulihan recovering in full.
sepenuhnya.
Grup dapat menghapusbukukan aset keuangan yang masih The Group may write-off financial assets that are still subject to
mengacu pada enforcement activity. Jumlah saldo kontraktual enforcement activity. The outstanding contractual amounts of
dari aset yang dihapusbukukan selama tahun yang berakhir such assets written off during the year ended December 31,
pada tanggal 31 Desember 2024 adalah Rp634.768. Grup 2024 was Rp634,768. The Group still seeks to recover amounts
masih berupaya untuk memulihkan jumlah yang secara legal it is legally owed in full.
terutang sepenuhnya.
Modifikasi aset keuangan Modification of financial assets
Grup dapat melakukan modifikasi persyaratan pinjaman yang The Group sometimes modifies the terms of loans provided to
diberikan kepada pelanggan karena negosiasi ulang, atau customers due to commercial renegotiations, or for distressed
untuk pinjaman yang bermasalah, dengan maksud untuk loans, with a view to maximising recovery.
memaksimalkan pemulihan.
Kegiatan restrukturisasi tersebut termasuk pengaturan Such restructuring activities include extended payment term
perpanjangan jangka waktu pembayaran, fleksibilitas arrangements, payment holidays and payment forgiveness.
pembayaran dan keringanan pembayaran. Kebijakan dan Restructuring policies and practices are based on indicators or
praktik restrukturisasi didasarkan pada indikator atau kriteria criteria which, in the judgement of management, indicate that
yang, menurut penilaian manajemen, mengindikasikan bahwa payment will most likely continue. These policies are kept under
pembayaran kemungkinan besar akan berlanjut. Kebijakan ini continuous review. Restructuring is most commonly applied to
terus ditinjau terus menerus. Restrukturisasi paling sering term loans.
diterapkan pada pinjaman berjangka.
130
Page 716
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
49. RISIKO KREDIT (lanjutan) 49. CREDIT RISK (continued)
e. Evaluasi penurunan nilai (lanjutan) e. Impairment assessment (continued)
Modifikasi aset keuangan (lanjutan) Modification of financial assets (continued)
Risiko gagal bayar aset tersebut setelah modifikasi dinilai pada The risk of default of such assets after modification is assessed
tanggal pelaporan dan dibandingkan dengan risiko at the reporting date and compared with the risk under the
berdasarkan ketentuan awal pada saat pengakuan awal, ketika original terms at initial recognition, when the modification is not
modifikasi tersebut tidak substansial sehingga tidak substantial and so does not result in derecognition of the
mengakibatkan penghentian pengakuan aset awal. Grup original asset. The Group monitors the subsequent performance
memantau kinerja selanjutnya dari aset yang dimodifikasi. Grup of modified assets. The Group may determine that the credit risk
dapat menentukan bahwa risiko kredit telah meningkat secara has significantly improved after restructuring, so that the assets
signifikan setelah restrukturisasi, sehingga aset dipindahkan are moved from Stage 3 or Stage 2 (Lifetime ECL) to Stage 1
dari Tahap 3 atau Tahap 2 (ECL sepanjang umurnya) ke Tahap (12-month ECL).
1 (ECL 12 bulan).
Grup terus memantau jika terdapat peningkatan risiko kredit The Group continues to monitor if there is a subsequent
berikutnya yang signifikan sehubungan dengan aset tersebut significant increase in credit risk in relation to such assets
melalui penggunaan model spesifik untuk aset yang through the use of specific models for modified assets.
dimodifikasi.
Pemetaan risiko kredit – Treasury Credit risk grading – Treasury
Untuk instrumen utang dalam portofolio Treasury, peringkat For debt securities in the Treasury portfolio, external rating
kredit lembaga pemeringkat eksternal digunakan. Peringkat agency credit grade are used. These published grades are
yang digunakan ini diamati dan diperbarui secara continuously monitored and updated. The PD's associated with
berkelanjutan. Tingkat PD terkait didasarkan pada tingkat gagal each grade are determined based on realised default rates as
bayar yang terealisasi seperti yang diterbitkan oleh lembaga published by the rating agency.
pemeringkat.
Skala master memberikan masing-masing kategori peringkat The master scale assigns each rating category a specified
kisaran probabilitas gagal bayar yang ditentukan, yang stabil range of probabilities of default, which is stable over time. The
dari waktu ke waktu. Metode penilaian tunduk pada validasi rating methods are subject to an annual validation and
dan kalibrasi ulang tahunan sehingga mencerminkan proyeksi recalibration so that they reflect the latest projections in the light
terbaru mengingat semua standar yang sebenarnya diamati. of all actually observed default.
Berikut ini adalah risiko kredit berdasarkan klasifikasi evaluasi Below are credit risks based on the allowance for impairment
penurunan nilai pada tanggal 31 Desember 2024 dan 2023: losses assessment classification as of December 31, 2024 and
2023:
2024
Cadangan
kerugian
penurunan
nilai/ Nilai tercatat
Nilai tercatat/ Allowance for bersih/
Tahap 1/ Tahap 2/ Tahap 3/ Carrying impairment Net carrying
Stage 1 Stage 2 Stage 3 amount losses amount
Posisi keuangan Financial position
Giro pada Bank Indonesia 5.584.147 - - 5.584.147 - 5.584.147 Current accounts with Bank Indonesia
Giro pada bank lain 505.084 - - 505.084 277 504.807 Current accounts with other banks
Penempatan pada - Placements with
Bank Indonesia dan Bank lain 1.633.470 - - 1.633.470 1.278 1.632.192 Bank Indonesia and other banks
Surat berharga - Marketable securities
Biaya perolehan diamortisasi 12.582.874 - - 12.582.874 3.047 12.579.827 Amortized cost
Nilai wajar melalui - Fair value through
pendapatan komprehensif lain 7.784.671 - - 7.784.671 6 7.784.665 other comprehensive income
Surat berharga yang dijual - Marketable securities sold under
dengan janji dibeli kembali 9.149.544 - - 9.149.544 - 9.149.544 repurchased agreement
Tagihan dari surat berharga yang - Receivable from marketable securities
dibeli dengan janji dijual kembali 617.860 - - 617.860 - 617.860 purchased under resale agreement
Tagihan spot dan derivatif 1.144 - - 1.144 - 1.144 Receivables of spot and derivatif
Tagihan lainnya 333.339 - - 333.339 79.003 254.336 Other receivables
Kredit yang diberikan 71.454.151 863.037 3.035.552 75.352.740 2.113.224 73.239.516 Loans
Aset lain-lain 332.618 - - 332.618 - 332.618 Other assets
Jumlah 109.978.902 863.037 3.035.552 113.877.491 2.196.835 111.680.655 Total
131
Page 717
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
49. RISIKO KREDIT (lanjutan) 49. CREDIT RISK (continued)
e. Evaluasi penurunan nilai (lanjutan) e. Impairment assessment (continued)
2024
Cadangan
kerugian
penurunan
nilai/ Nilai tercatat
Nilai tercatat/ Allowance for bersih/
Tahap 1/ Tahap 2/ Tahap 3/ Carrying impairment Net carrying
Stage 1 Stage 2 Stage 3 amount losses amount
Rekening administratif Administrative accounts
Fasilitas kredit Unused loans
kepada nasabah commitments granted
yang belum digunakan 4.077.033 4.033 180.943 4.262.009 (1.189) 4.263.198 to customers
Bank garansi yang Bank guarantees
diterbitkan 692.297 - - 692.297 (32) 692.329 issued
Jumlah 4.769.330 4.033 180.943 4.954.306 (1.221) 4.955.527 Total
2024
Tidak
mengalami
Individu/ Kolektif/ Jumlah/
penurunan
Indiviual Collective Total
nilai/
Not-impaired
Syariah 13.612.664 349.267 - 13.961.931 Sharia
Cadangan kerugian penurunan nilai (81.654) (126.890) - (208.544) Allowance for impairment losses
Syariah - Neto 13.531.010 222.377 - 13.753.387 Sharia - Net
Jumlah, neto 13.531.010 222.377 - 13.753.387 Total, net
2023
Cadangan
kerugian
penurunan
nilai/ Nilai tercatat
Nilai tercatat/ Allowance for bersih/
Tahap 1/ Tahap 2/ Tahap 3/ Carrying impairment Net carrying
Stage 1 Stage 2 Stage 3 amount losses amount
Posisi keuangan Financial position
Giro pada Bank Indonesia 7.971.412 - - 7.971.412 - 7.971.412 Current accounts with Bank Indonesia
Giro pada bank lain 491.330 - - 491.330 (1.077) 490.253 Current accounts with other banks
Penempatan pada Placements with
Bank Indonesia dan bank lain 5.234.721 - - 5.234.721 (5.026) 5.229.695 Bank Indonesia and other banks
Surat berharga Marketable securities
Biaya perolehan diamortisasi 8.561.159 - - 8.561.159 (112) 8.561.047 Amortized cost
Nilai wajar melalui Fair value through
pendapatan komprehensif lain 7.762.560 - - - - - other comprehensive income
Surat berharga yang dijual Marketable securities sold under
dengan janji dibeli kembali 8.303.663 - - 8.303.663 - 8.303.663 repurchased agreement
Tagihan berharga yang dibeli Marketable securities purchased
dengan janji dijual kembali 6.247.318 - - 6.247.318 - 6.247.318 under resale agreement
Tagihan spot dan derivatif - - - - - - Receivables of spot and derivatif
Tagihan lainnya 275.049 - - 275.049 (58.656) 216.393 Other receivables
Kredit yang diberikan dan Loans and
piutang/pembiayaan syariah 49.717.185 669.960 2.185.898 52.573.043 (1.311.513) 51.261.530 sharia receivables/financing
Aset lain-lain 380.147 - - 380.147 - 380.147 Other assets
Jumlah 94.944.544 669.960 2.185.898 90.037.842 (1.376.384) 88.661.458 Total
Rekening administratif Administrative accounts
Fasilitas kredit Unused loans
kepada nasabah commitments granted
yang belum digunakan 3.770.265 - - - - 3.770.265 to customers
Bank garansi yang Bank guarantees
diterbitkan 699.574 - - - - 699.574 issued
Jumlah 4.469.839 - - - - 4.469.839 Total
132
Page 718
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
49. RISIKO KREDIT (lanjutan) 49. CREDIT RISK (continued)
e. Evaluasi penurunan nilai (lanjutan) e. Impairment assessment (continued)
2023
Tidak
mengalami
penurunan
nilai/
Individu/ Kolektif/ Jumlah/
Not-impaired
Indiviual Collective Total
Syariah 1.986.968 200.892 - 2.187.860 Sharia
Cadangan kerugian penurunan nilai (17.395) (35.997) - (53.392) Allowance for impairment losses
Syariah - Neto 1.969.573 164.895 - 2.134.468 Sharia - Net
Jumlah, neto 1.969.573 164.895 - 2.134.468 Total, net
Pengukuran Kerugian Kredit Ekpektasian Measurement of Expected Credit Loss
Perhitungan pencadangan Grup mengacu pada PSAK 109 The calculation of the Group provisions refers to PSAK 109
yang memperkenalkan metode kerugian kredit ekspektasian which introduces the expected credit loss method to measure
dalam mengukur kerugian instrumen keuangan akibat the loss of a financial instrument resulting from the impairment
penurunan nilai instrumen keuangan. PSAK 109 mensyaratkan of financial instruments. PSAK 109 requires immediate
pengakuan segera atas dampak perubahan kerugian kredit recognition for the impact of expected credit loss changes after
ekspektasian setelah pengakuan awal aset keuangan. initial recognition of the financial asset.
Jika pada tanggal pelaporan, risiko kredit atas instrumen If at the reporting date, credit risk on a financial instrument has
keuangan tidak meningkat secara signifikan sejak pengakuan not increased significantly since initial recognition, the Group
awal, Grup mengukur penyisihan kerugian untuk instrumen shall measure the allowance for losses for that financial
keuangan tersebut sejumlah kerugian ekspektasian 12 (dua instrument at the amount of 12 (twelve) months expected
belas) bulan. Grup mengukur penyisihan kerugian instrumen losses. The Group shall measure the allowance for losses on a
keuangan sejumlah kerugian kredit ekspektasian sepanjang financial instrument at the amount of expected credit losses
umurnya, jika risiko kredit atas instrumen keuangan tersebut over its lifetime, if the credit risk on that financial instrument has
meningkat secara signifikan sejak pengakuan awal. increased significantly since initial recognition.
Grup mengembangkan permodelan parameter risiko seperti PD The Group develops risk parameter modelling such as PD
(Probability of Default ), LGD (Loss Given Default ) dan EAD (Probability of Default), LGD (Loss Given Default) and EAD
(Exposure at Default ) yang digunakan sebagai komponen (Exposure at Default) which are used as components for
perhitungan kerugian kredit ekspektasian. calculating expected credit losses
Kriteria Staging Staging Criteria
PSAK 109 mensyaratkan entitas untuk mengelompokkan aset PSAK 109 requires entity to classify financial instruments into
keuangan ke dalam tiga tahapan penurunan nilai (stage 1, three stages of impairment (stage 1, stage 2, and stage 3) by
stage 2 dan stage 3) dengan menentukan apakah terjadi determining whether there is a significant increase in credit risk.
peningkatan risiko kredit yang signifikan. Grup mengukur The Group measures the allowance for losses of an expected
cadangan kerugian sejumlah kerugian kredit ekpektasian 12 12 months credit loss for financial assets with low credit risk at
bulan untuk aset keuangan yang memiliki risiko kredit rendah the reporting date (stage 1) and lifetime credit losses for
pada tanggal pelaporan (stage 1) dan kerugian kredit financial assets with a significant increase in credit risk (stage
sepanjang umur untuk aset keuangan yang mengalami 2).
peningkatan risiko kredit yang signifikan (stage 2).
Pada setiap tanggal pelaporan, Grup menilai apakah risiko At each reporting date, the Group assesses whether the credit
kredit atas instrumen keuangan telah meningkat secara risk of the financial instrument has increased significantly
signifikan (“SICR”) sejak pengakuan awal. Dalam melakukan (“SICR”) since initial recognition. In making that assessment, the
penilaian tersebut, Grup membandingkan risiko gagal bayar Group compares the risk of default on initial recognition and
pada saat pengakuan awal serta mempertimbangkan informasi considers the reasonable and supportable information available
yang wajar dan terdukung yang tersedia tanpa biaya atau without undue cost or effort, which is an indication of a
upaya berlebihan, yang merupakan indikasi peningkatan risiko significant increase in credit risk (“SICR”) since initial
kredit secara signifikan (“SICR”) sejak pengakuan awal. recognition.
Secara umum aset keuangan dengan tunggakan 30 hari atau In general, financial assets with arrears of 30 days or more and
lebih dan belum mengalami penurunan nilai akan selalu not yet experiencing an impairment will always be considered to
dianggap telah mengalami peningkatan risiko kredit yang have significant increase credit risk (“SICR”). Financial assets
signifikan (“SICR”). Aset keuangan hanya akan dianggap are only considered impaired and expected credit losses over
mengalami penurunan nilai dan kerugian kredit ekspektasian their lifetime are recognised, if there is observable objective
sepanjang umurnya diakui, jika terdapat bukti objektif evidence of impairment, including, among others, default or
penurunan nilai yang dapat diobservasi, termasuk antara lain experiencing significant financial difficulties
gagal bayar atau mengalami kesulitan keuangan yang
signifikan.
133
Page 719
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
49. RISIKO KREDIT (lanjutan) 49. CREDIT RISK (continued)
e. Evaluasi penurunan nilai (lanjutan) e. Impairment assessment (continued)
Pemetaan risiko kredit – Treasury (lanjutan) Credit risk grading – Treasury (continued)
Informasi forward-looking Forward-looking Information
Dalam menghitung kerugian kredit ekspektasian, Grup In calculating expected credit losses, the Group considers the
memperhitungkan pengaruh dari macroeconomic forecast . effect of the macroeconomic forecast. In addition, the Group
Selain itu, Grup juga menentukan probability weighted untuk also determines a probability weighted for the possibility of such
kemungkinan terjadinya sebuah skenario makro tersebut. macro scenario.
Berbagai macroeconomic variable (“MEV”) digunakan dalam Various macroeconomic variables (“MEV”) are used in the
permodelan PSAK 109 tergantung pada hasil analisis statistik modelling of PSAK 109 depending on the results of statistical
kesesuaian MEV dengan data historis pembuatan impairment analysis of the suitability of the MEV with historical data for
model. Perhitungan kerugian kredit ekspektasian dan impairment model development. The calculation of the expected
macroeconomic forecast (“MEV”) tersebut direviu oleh Grup credit loss and the macroeconomic forecast (“MEV”) are
secara berkala. MEV yang digunakan Grup antara lain GDP, reviewed by the Group periodically. MEV used by the Group
nilai inflasi, nilai kurs dan lain-lain. includes GDP, inflation rate, exchange rate and others.
Aset keuangan yang mengalami penurunan nilai secara Individually impaired financial assets
Aset keuangan yang mengalami penurunan nilai secara Individually impaired financial assets are financial assets that
individual adalah aset keuangan yang signifikan secara are individually significant and there is objective evidence that
individual dan telah terdapat bukti objektif bahwa penurunan impairment loss has incurred after initial recognition of the
nilai individual telah terjadi setelah pengakuan awal aset financial assets.
keuangan tersebut.
Sesuai kebijakan internal Grup, kredit yang ditentukan sebagai Based on the Group’s internal policy, loans that are determined
signifikan secara individual adalah kredit yang diberikan to be individually significant are loans to corporate and
kepada debitur-debitur segmen korporasi dan komersial. commercial debtors.
Pengukuran secara individu dilakukan dengan melihat selisih Individual measurements are made by considering the
antara seluruh arus kas kontraktual yang jatuh tempo kepada difference between all contractual cash flows that are due to the
entitas sesuai dengan kontrak dan seluruh arus kas yang entity in accordance with the contract and all cash flows that the
diperkirakan diterima Grup (yaitu seluruh kekurangan kas), Group expects to receive (i.e. all cash shortfalls), discounted
didiskontokan dengan suku bunga efektif. with the effective interest rate.
Aset keuangan yang tidak signifikan secara individual dan Financial assets that are not individually significant and
penurunan nilainya dinilai secara kolektif assessed for collective impairment
Aset keuangan yang nilainya tidak signifikan secara individual Financial assets that are not individually significant consist of
adalah kredit dan piutang yang diberikan oleh Grup kepada loans and receivables of the Group to retail debtors, i.e. Small &
debitur-debitur segmen ritel yaitu debitur kredit Usaha Kecil Medium Enterprise (“SME”) debtors, consumer financing
Menengah (“UKM”), kredit pembiayaan konsumen (termasuk receivables (including joint financing) debtors, mortgage and its
kredit pembiayaan bersama), kredit pemilikan dan perbaikan housing renovation loans and vehicle loans.
rumah dan kredit kendaraan bermotor.
Grup menentukan penurunan nilai aset keuangan yang tidak The Group determines that impairment losses of financial
signifikan secara individual dan penurunan nilainya dinilai assets that are not individually significant are assessed
secara kolektif, dengan mengelompokkan aset keuangan collectively, by grouping those financial assets based on similar
tersebut berdasarkan karakteristik risiko yang serupa. risk characteristics.
Pengukuran secara kolektif dilakukan secara statistik Collective measurement is done statistically using the
menggunakan parameter PD (Probability of Default ), LGD parameters PD (Probability of Default), LGD (Loss Given
(Loss Given Default ) dan EAD (Exposure at Default ). Default) and EAD (Exposure at Default).
134
Page 720
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
50. RISIKO PASAR 50. MARKET RISK
Risiko pasar adalah risiko yang terjadi pada posisi laporan posisi Market risk is the risks on the consolidated statement of financial
keuangan konsolidasian dan rekening administratif, karena adanya position and administrative accounts due to changes in market
perubahan variabel pasar. Variabel pasar seperti tingkat bunga variables. Market variables consist of interest rates and exchange
dan nilai tukar. Risiko pasar hampir melekat pada seluruh kegiatan rates. Market risk is an inherent risk in most of the Group’s
operasional Grup, baik pada banking book maupun trading book . operational activities involving banking books and the trading
books.
Pengelolaan risiko pasar dilakukan sesuai dengan kebijakan dan Management of market risk is performed in accordance with the
prosedur Grup yang berkaitan dengan produk dan jasa serta Group’s policies and procedures related with the products and
aktivitas treasury dan risiko yang melekat pada bisnis. services and also treasury activities and the inherent risk of the
business.
Risiko suku bunga timbul akibat perubahan harga instrumen Interest rate risk is risk as the effect of changes in the financial
keuangan dari posisi trading book atau akibat perubahan nilai instrument prices from the trading book position or the effect of
ekonomis posisi banking book , karena perubahan suku bunga. changes of the economic value position of the banking book
because of the change in the interest rate.
Dalam mengelola risiko suku bunga dilakukan pada eksposur Management of interest rate risk is performed on banking book
banking book, dengan memperhatikan posisi gap aset dan exposure by considering the gap position of the Group’s assets and
liabilitas Grup yang sensitif terhadap pergerakan suku bunga yang liabilities, which are sensitive to interest rate movements, which
mempengaruhi stabilitas tingkat profitabilitas Grup. influence the stability of the Group’s profitability level.
Tabel di bawah ini merupakan rata-rata tingkat suku bunga The tables below summarize the average of contractual interest
kontraktual per tahun untuk aset dan liabilitas keuangan yang rates per annum for significant financial assets and liabilities as of
signifikan pada tanggal 31 Desember 2024 dan 2023: December 31, 2024 and 2023:
2024
Mata uang
asing/
Rupiah/ Foreign
Rupiah currencies
Aset Assets
Giro pada Bank Indonesia 0,00% 0,00% Current accounts with Bank Indonesia
Giro pada bank lain 0,07% 0,02% Current accounts with other banks
Penempatan pada Bank Indonesia dan bank lain 5,99% 5,21% Placements with Bank Indonesia and other banks
Surat-surat berharga 5,64% 0,00% Marketable securities
Surat berharga yang dijual Marketable securities sold
dengan janji dibeli kembali 6,73% 0,00% under repurchased agreement
Surat berharga yang dibeli Marketable securities purchased
dengan janji dijual kembali 5,66% 0,00% under resale agreement
Kredit yang diberikan dan piutang/pembiayaan syariah 10,50% - 12,75% 0,00% Loans and sharia receivables/financing
Liabilitas Liabilities
Simpanan dari nasabah 1,95% 0,37% Deposits from customers
Simpanan dari bank lain 2,63% 2,29% Deposits from other banks
2023
Mata uang
asing/
Rupiah/ Foreign
Rupiah currencies
Aset Assets
Giro pada Bank Indonesia 0,00% 0,00% Current accounts with Bank Indonesia
Giro pada bank lain 0,10% 0,89% Current accounts with other banks
Penempatan pada Bank Indonesia dan bank lain 6,06% 5,70% Placements with Bank Indonesia and other banks
Surat-surat berharga 5,63% 0,00% Marketable securities
Surat berharga yang dijual Marketable securities sold
dengan janji dibeli kembali 6,46% 0,00% under repurchased agreement
Surat berharga yang dibeli Marketable securities purchased
dengan janji dijual kembali 6,32% 0,00% under resale agreement
Kredit yang diberikan dan piutang/pembiayaan syariah 10,50% - 12,75% 0,00% Loans and sharia receivables/financing
Liabilitas Liabilities
Simpanan dari nasabah 0,00% - 3,51% 0,00% - 1,65% Deposits from customers
Simpanan dari bank lain 0,00% - 3,43% - Deposits from other banks
135
Page 721
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
50. RISIKO PASAR (lanjutan) 50. MARKET RISK (continued)
Tabel berikut mengikhtisarkan eksposur Grup terhadap risiko The table below summarizes the Group’s exposure to interest rate
tingkat suku bunga (gross) yang mungkin berdampak kepada arus risk (gross) which may affect the future cash flows as of December
kas di masa depan pada tanggal 31 Desember 2024 dan 2023: 31, 2024 and 2023:
2024
Suku bunga mengambang/ Floating interest rate
] Tidak
Suku bunga dikenakan
tetap/ bunga/
< 3 bulan/ 3 - 12 bulan/ > 1 tahun/ Fixed interest Non-interest Jumlah/
< 3 months 3 - 12 months > 1 years rate bearing Total
Aset keuangan Financial assets
Kas 2.867.479 - - - - 2.867.479 Cash
Current accounts with
Giro pada Bank Indonesia - - - - 5.584.147 5.584.147 Bank Indonesia
Current accounts
Giro pada bank lain - - - 34.996 469.911 504.907 with other banks
Placements with
Penempatan pada Bank Indonesia Bank Indonesia and
dan bank lain - - - 1.632.192 - 1.632.192 other banks
Surat-surat berharga Marketable securities
Biaya perolehan diamortisasi - - - 12.579.826 - 12.579.826 Amortized cost
Nilai wajar melalui pendapatan Fair value through other
komprehensif lain - - - 7.784.666 - 7.784.666 comprehensive income
Surat berharga dijual Marketable securities sold
dengan janji under repurchased
dibeli kembali - - - 9.149.544 - 9.149.544 agreement
Tagihan dari surat berharga Receivables from marketable
dibeli dengan janji securities purchased under
dijual kembali - - - 617.860 - 617.860 under resale agreement
Tagihan lainnya 254.336 - - - - 254.336 Other receivable
Kredit yang diberikan dan Loans and
piutang/pembiayaan syariah sharia receivables/financing
Modal kerja - - - 19.760.794 - 19.760.794 Working capital
Investasi - - - 10.157.810 - 10.157.810 Investment
Konsumsi - - - 43.320.912 - 43.320.912 Consumption
Pendapatan bunga yang
masih akan diterima 790.520 - - - - 790.520 Interest receivable
Jumlah aset keuangan 3.912.335 - - 105.038.601 6.054.058 115.004.994 Total financial assets
Liabilitas keuangan Financial liabilities
Liabilitas segera 914.703 - - - - 914.703 Obligations due immediately
Simpanan dari nasabah Deposits from customers
Giro - - - 14.968.753 1.450.330 16.419.084 Current accounts
Tabungan - - - 29.731.876 1.894.365 31.626.241 Savings accounts
Deposito berjangka - - - 27.007.540 3.974 27.011.514 Time deposits
Simpanan dari bank lain - - - 582.953 150.821 733.774 Deposits from other banks
Pinjaman yang diterima - - - - 1.527.532 1.527.532 Borrowings
Beban yang masih harus dibayar 442.600 - - - - 442.600 Accrued expenses
Liabilitas lain-lain 809.256 - - - - 809.256 Other liabilities
Jumlah liabilitas keuangan 2.166.559 - - 72.291.122 5.027.022 79.484.703 Total financial liabilities
Gap repricing suku bunga, neto 6.078.894 - - 177.329.723 11.081.080 194.489.698 Net interest repricing gap
136
Page 722
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
50. RISIKO PASAR (lanjutan) 50. MARKET RISK (continued)
2023
Suku bunga mengambang/ Floating interest rate
] Tidak
Suku bunga dikenakan
tetap/ bunga/
< 3 bulan/ 3 - 12 bulan/ > 1 tahun/ Fixed interest Non-interest Jumlah/
< 3 months 3 - 12 months > 1 years rate bearing Total
Aset keuangan Financial assets
Kas 2.652.775 - - - - 2.652.775 Cash
Current accounts with
Giro pada Bank Indonesia 7.971.412 - - - - 7.971.412 Bank Indonesia
Current accounts
Giro pada bank lain 490.253 - - - - 490.253 with other banks
Placements with
Penempatan pada Bank Indonesia Bank Indonesia and
dan bank lain 5.229.695 - - - - 5.229.695 other banks
Surat-surat berharga Marketable securities
Biaya perolehan diamortisasi 2.334.459 1.481.901 4.744.401 - - 8.560.761 Amortized cost
Nilai wajar melalui pendapatan Fair value through other
komprehensif lain 7.762.560 - - - - 7.762.560 comprehensive income
Surat berharga dijual Marketable securities sol
dengan janji under repurchased
dibeli kembali 6.948.304 - - - - 6.948.304 agreement
Surat berharga dibeli Marketable securities
dengan janji purchased under
dijual kembali 6.247.318 - - - - 6.247.318 resale agreement
Tagihan lainnya 223.138 - - - - 223.138 Other receivable
Kredit yang diberikan dan Loans and
piutang/pembiayaan syariah sharia receivables/financing
Modal kerja - - - 15.550.351 - 15.550.351 Working capital
Investasi - - - 8.002.279 - 8.002.279 Investment
Konsumsi - - - 31.208.273 - 31.208.273 Consumption
Pendapatan bunga yang
masih akan diterima 287.221 14.280 384.233 - - 685.734 Interest receivable
Jumlah aset keuangan 40.147.135 1.496.181 5.128.634 54.760.903 - 101.532.853 Total financial assets
Liabilitas keuangan Financial liabilities
Liabilitas segera 987.604 - - - - 987.604 Obligations due immediately
Simpanan dari nasabah Deposits from customers
Giro 20.926.363 - - - - 20.926.363 Current accounts
Tabungan 28.815.896 - - - - 28.815.896 Savings accounts
Deposito berjangka - - - 28.454.651 - 28.454.651 Time deposits
Simpanan dari bank lain 2.570.985 8.260 500 - - 2.579.745 Deposits from other banks
Pinjaman yang diterima - 530.156 - - 66.821 596.977 Borrowings
Beban yang masih harus dibayar 504.748 - - - - 504.748 Accrued expenses
Liabilitas lain-lain 779.314 - - - - 779.314 Other liabilities
Jumlah liabilitas keuangan 54.584.910 538.416 500 28.454.651 66.821 83.645.298 Total financial liabilities
Gap repricing suku bunga, neto (14.437.775) 957.765 5.128.134 26.306.252 (66.821) 17.887.555 Net interest repricing gap
Grup memiliki eksposur terhadap risiko tingkat suku bunga dalam The Group has other exposure to interest rate risks in Singapore
mata uang Dolar Singapura, Dolar Amerika Serikat, Euro dan Dollar, United States Dollar, Euro and others.
lainnya.
Risiko nilai tukar adalah risiko nilai instrumen keuangan yang akan Foreign exchange risk is the risk on the financial instruments value,
berfluktuasi karena adanya perubahan dalam nilai tukar valuta which will fluctuate due to exchange rate volatility.
asing.
Risiko mata uang adalah kemungkinan kerugian pendapatan yang Foreign currency risk is the probability of loss of earnings arising
timbul dari perubahan kurs valuta asing. Grup mengelola eksposur from changes in foreign exchange rates. The Group manages
terhadap pengaruh fluktuasi nilai tukar mata uang asing dengan exposure to effects of fluctuations in foreign currency exposure
mempertahankan risiko mata uang asing dalam pedoman within the existing regulatory guidelines (i.e. maintaining the Net
peraturan yang ada (yakni menjaga Posisi Devisa Neto sesuai Open Position based on Bank Indonesia regulations).
dengan peraturan Bank Indonesia).
137
Page 723
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
50. RISIKO PASAR (lanjutan) 50. MARKET RISK (continued)
Pada tanggal 31 Desember 2024 dan 2023, pengaruh nilai tukar As of December 31, 2024 and 2023, the effect of foreign exchange
mata uang asing tidak signifikan terhadap Grup. rates fluctuations is insignificant to the Group.
Risiko likuiditas adalah risiko akibat ketidakmampuan Grup untuk Liquidity risk is the risk which is caused by the Group’s inability to
memenuhi liabilitas yang jatuh tempo dari sumber pendanaan arus fulfil its obligations when they become due from cash flow financing
kas dan/atau dari aset likuid berkualitas tinggi yang dapat sources and/or high quality liquid assets that can be pledged
diagunkan tanpa mengganggu aktivitas dan kondisi keuangan without affecting the Group’s activities and financial condition.
Grup.
Grup melakukan pengukuran risiko likuiditas menggunakan The Group measures liquidity risk using the Liquidity Risk Model
Liquidity Risk Model dengan metodologi maturity profile gap. based on maturity profile gap methodology. Daily liquidity condition
Pengelolaan kondisi likuiditas harian dilakukan oleh Unit Treasury management is performed by the Treasury Unit and external and
dan perubahan eksternal serta makro ekonomi yang terjadi dengan macro economic changes are immediately informed, and strategy
segera diinformasikan dan diambil strategi serta kebijakan internal and internal policies are undertaken, among others, through the
antara lain melalui mekanisme Asset and Liabilities Committee Asset and Liabilities Committee (ALCO) mechanism.
(ALCO).
Rasio dari aset likuid neto terhadap simpanan nasabah adalah The ratio of net liquid assets to deposits from customers are as
sebagai berikut: follows:
2024 2023
Kas dan setara kas 10.690.280 16.350.238 Cash and cash equivalent
Surat berharga yang dijual Marketable securities sold
dengan janji dibeli kembali 9.149.544 8.303.663 under purchased agreement
Tagihan reverse repo 617.860 6.247.318 Reverse repo receivables
Simpanan dari bank lain 733.874 (2.540.889) Deposits from other banks
Jumlah 21.191.558 28.360.330 Total
Simpanan dari nasabah 75.056.838 78.196.910 Deposits from customers
Rasio aset likuid neto terhadap Ratio of net liquid assets to deposit
28,23% 36,27%
simpanan dari nasabah from customers
138
Page 724
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
50. RISIKO PASAR (lanjutan) 50. MARKET RISK (continued)
Tabel jatuh tempo berikut menyajikan informasi mengenai The following maturity tables provide information about the
perkiraan sisa jatuh tempo dari aset dan liabilitas keuangan (pokok expected maturities within which financial assets and liabilities
saja) pada tanggal 31 Desember 2024 dan 2023: (principal only) as of December 31, 2024 and 2023:
2024
Nilai tercatat/ < 1 bulan/ 1- 3 bulan/ 3 - 6 bulan/ 6 - 12 bulan/ > 12 bulan/
Carrying value month months months months months
Aset keuangan Financial assets
Kas 2.867.479 2.867.479 - - - - Cash
Current accounts with
Giro pada Bank Indonesia 5.584.147 5.584.147 - - - - Bank Indonesia
Current accounts
Giro pada bank lain 505.084 505.084 - - - - with other banks
Placements with
Penempatan pada Bank Indonesia Bank Indonesia and
dan bank lain 1.632.192 1.732.192 - - - - other banks
Surat-surat berharga Marketable securities
Biaya perolehan diamortisasi 12.579.826 3.623.150 830.527 1.884.493 2.681.239 3.560.418 Amortized cost
Nilai wajar melalui pendapatan Fair value through other
komprehensif lain 7.784.666 399.427 486.235 777.629 1.277.342 4.844.034 comprehensive income
Surat berharga dijual Marketable securities sol
dengan janji under repurchased
dibeli kembali 9.149.544 9.149.544 - - - - agreement
Surat berharga dibeli Marketable securities
dengan janji purchased under
dijual kembali 617.860 231.199 - 386.661 - - resale agreement
Tagihan spot dan derivatif 1.144 1.144 - - - - Other receivable
Tagihan lainnya 254.336 254.336 - - - - Other receivable
Kredit yang diberikan dan Loans and
piutang/pembiayaan syariah 73.239.516 820.225 2.072.791 1.847.495 3.880.548 64.618.458 sharia receivables/financing
Pendapatan bunga yang
masih akan diterima 790.520 - - - - - Interest receivable
Beban dibayar dimuka 206.572 - - - - - Prepaid expense
Aset tetap - neto 1.925.721 - - - - - Fixed asset, net
Aset pajak tangguhan 438.391 - - - - - Deferred tax assets, net
Aset lain-lain 332.618 - - - - - Other assets
Jumlah aset keuangan 117.909.617 25.167.928 3.389.553 4.896.277 7.839.128 73.022.910 Total financial assets
Liabilitas keuangan Financial liabilities
Liabilitas segera 914.703 - - - - - Obligations due immediately
Simpanan dari nasabah 90.015.611 69.633.942 11.342.348 4.961.549 3.952.697 125.075 Deposits from customers
Simpanan dari bank lain 864.315 835.505 15.880 2.530 9.900 500 Deposits from other banks
Pinjaman yang diterima 1.527.532 - - - - - Borrowings
Beban yang masih harus dibayar 442.600 - - - - - Accrued expenses
Utang pajak 85.316 - - - - - Tax liabilities
Liabilitas lain-lain 809.256 - - - - - Other liabilities
Jumlah liabilitas keuangan 94.659.333 70.469.447 11.358.228 4.964.079 3.962.597 125.575 Total financial liabilities
Perbedaan jatuh tempo 212.568.950 95.637.375 14.747.781 9.860.356 11.801.725 73.148.485 Maturity gap
139
Page 725
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
50. RISIKO PASAR (lanjutan) 50. MARKET RISK (continued)
2023
Nilai tercatat/ < 1 bulan/ 1- 3 bulan/ 3 - 6 bulan/ 6 - 12 bulan/ > 12 bulan/
Carrying value month months months months months
Aset keuangan Financial assets
Kas 2.652.775 2.652.775 - - - - Cash
Current accounts with
Giro pada Bank Indonesia 7.971.412 7.073.597 - - - 897.815 Bank Indonesia
Current accounts
Giro pada bank lain 490.253 490.253 - - - - with other banks
Placements with
Penempatan pada Bank Indonesia Bank Indonesia and
dan bank lain 5.229.695 5.228.200 1.495 - - - other banks
Surat-surat berharga Marketable securities
Biaya perolehan diamortisasi 8.560.761 830.243 1.504.216 783.350 698.551 4.744.401 Amortized cost
Nilai wajar melalui pendapatan Fair value through other
komprehensif lain 7.762.560 7.732.011 30.549 - - - comprehensive income
Surat berharga dijual Marketable securities sol
dengan janji under repurchased
dibeli kembali 6.948.304 6.948.304 - - - - agreement
Surat berharga dibeli Marketable securities
dengan janji purchased under
dijual kembali 6.247.318 6.197.612 49.706 - - - resale agreement
Tagihan lainnya 216.393 216.393 - - - - Other receivable
Kredit yang diberikan dan Loans and
piutang/pembiayaan syariah 53.395.998 318.988 984.387 2.665.789 3.506.448 45.920.386 sharia receivables/financing
Pendapatan bunga yang
masih akan diterima 685.734 251.395 35.826 8.246 6.034 384.233 Interest receivable
Beban dibayar dimuka 207.452 - - - - - Prepaid expense
Aset tetap - neto 1.277.713 - - - - - Fixed asset, net
Aset pajak tangguhan 472.123 - - - - - Deferred tax assets, net
Aset lain-lain 380.147 - - - - - Other assets
Jumlah aset keuangan 102.498.638 37.939.771 2.606.179 3.457.385 4.211.033 51.946.835 Total financial assets
Liabilitas keuangan Financial liabilities
Liabilitas segera 987.605 987.605 - - - - Obligations due immediately
Simpanan dari nasabah 78.196.910 22.457.975 5.462.113 2.436.735 7.344.737 40.495.350 Deposits from customers
Simpanan dari bank lain 2.579.744 2.541.704 29.280 60 8.200 500 Deposits from other banks
Pinjaman yang diterima 596.978 189.984 - - - 406.994 Borrowings
Beban yang masih harus dibayar 504.748 504.748 - - - - Accrued expenses
Utang pajak 143.245 - - - - - Tax liabilities
Liabilitas lain-lain 779.314 779.314 - - - - Other liabilities
Jumlah liabilitas keuangan 83.788.544 27.461.330 5.491.393 2.436.795 7.352.937 40.902.844 Total financial liabilities
Perbedaan jatuh tempo 18.710.094 10.478.441 (2.885.214) 1.020.590 (3.141.904) 11.043.991 Maturity gap
140
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The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
51. RISIKO OPERASIONAL 51. OPERATIONAL RISK
Risiko operasional adalah risiko akibat ketidakcukupan dan/atau Operational risk is the risk resulting from inadequate and/or failure
tidak berfungsinya proses internal, kesalahan manusia, kegagalan of internal processes, people, systems, and/or from external events
sistem, dan/atau adanya kejadian-kejadian eksternal yang which affect the Group’s operations.
mempengaruhi operasional Grup.
Dalam mengelola risiko operasional, risk owner bertanggung jawab In managing operational risk, the risk owner is responsible for the
atas risiko yang terjadi pada unitnya masing-masing. Tata cara risk that occurs in the respective units. Risk management is
pengendalian risiko tersebut diatur dalam kebijakan Grup secara regulated in the Group’s overall policies and operational procedures
menyeluruh dan prosedur operasional pada setiap unit. in each unit.
Metode dan kebijakan dalam pengendalian risiko operasional The methods and policies involving operational risk management
dilaksanakan diantaranya melalui: are performed, among others, through the following:
i. Pengkajian terhadap kebijakan, pedoman, dan prosedur i. Evaluation of internal control policies, guidance, and procedures
pengendalian internal sesuai dengan kondisi perkembangan in accordance with the banking industry development,
dunia perbankan, kebijakan pemerintah dan limitasi operasional government policies, and pre-determined operational limits;
yang telah ditetapkan;
ii. Pengkajian dan penerapan Disaster Recovery Plan sebagai ii. Evaluation and implementation of a Disaster Recovery Plan as
langkah antisipasi atas kejadian internal maupun eksternal yang the anticipated procedures to be applied during internal and
berpotensi menimbulkan kerugian; external potential loss events;
iii. Tindakan koreksi terhadap hasil temuan audit; dan iii. Implementing corrective actions based on audit results; and
iv. Pengkajian dari penerapan Rencana Kontinjensi Usaha dalam iv. Reviewing the implementation of the Business Contingency Plan
pengelolaan dan pengendalian aktivitas Grup. in the management and control of the Group’s activities.
52. RISIKO HUKUM 52. LEGAL RISK
Risiko hukum adalah risiko akibat tuntutan hukum dan/atau Legal risk is the risk due to legal aspects, legal claims and/or
kelemahan aspek yuridis, yang antara lain disebabkan ketiadaan weaknesses in agreements which among others are caused by the
peraturan perundang-undangan yang mendukung, atau kelemahan absence of supporting regulations, weaknesses in agreements
perikatan seperti tidak dipenuhinya syarat sahnya kontrak dan such as the criteria for valid contracts is not fulfilled, and collateral
pengikatan agunan yang tidak sempurna. arrangements are inappropriate.
Identifikasi risiko hukum dilakukan pada seluruh aktivitas Legal risk identification is performed for all functional activities that
fungsional yang melekat pada perkreditan, treasury, operasional, are inherent to loan, treasury, operational and information
sistem informasi teknologi dan pengelolaan sumber daya manusia. technology systems and human resources management.
53. RISIKO REPUTASI 53. REPUTATION RISK
Risiko reputasi adalah risiko akibat menurunnya tingkat Reputation risk is the risk due to a decrease in the stakeholders’
kepercayaan stakeholder yang bersumber dari persepsi negatif trust that results from a negative perception of the Group.
terhadap Grup.
Identifikasi risiko reputasi dilakukan secara berkala sesuai dengan Reputation risk identification is performed periodically based on the
pengalaman kerugian di masa lalu yang disebabkan oleh risiko knowledge of historical losses due to reputation risk. Reputation
reputasi. Penilaian risiko reputasi dilakukan secara kualitatif antara risk valuation is performed qualitatively among others from negative
lain bersumber dari pemberitaan negatif yang muncul dari publications and commentaries from the public/customers and
masyarakat/nasabah dan keluhan nasabah. customer’s complaints.
141
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The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
54. RISIKO KEPATUHAN 54. COMPLIANCE RISK
Risiko kepatuhan adalah risiko yang terjadi karena Grup tidak Compliance risk is the risk incurred because the Group has not
mematuhi dan/atau tidak melaksanakan ketentuan internal dan complied with and/or has not implemented appropriate internal
peraturan perundang-undangan. Pada praktiknya, risiko kepatuhan policies and regulations. In practice, compliance risk is inherent to
melekat pada risiko Grup yang terkait pada peraturan perundang- the Group’s risk related to regulations, prudential provisions and
undangan, ketentuan kehati-hatian dan ketentuan lain yang other provisions, such as:
berlaku, seperti:
i. Risiko kredit terkait dengan ketentuan Kewajiban Penyediaan i. Credit risk related to Capital Adequacy Ratio (CAR), Asset
Modal Minimum (KPMM), Kualitas Aset, Pembentukan Quality, Allowance for Impairment Losses, and Legal Lending
Cadangan Kerugian Penurunan Nilai (CKPN), dan Batas Limit (LLL) regulations;
Maksimum Pemberian Kredit (BMPK);
ii. Risiko pasar terkait dengan ketentuan Posisi Devisa Neto ii. Market risk related to Net Open Position (NOP) regulations; and
(PDN); dan
iii. Risiko lain yang terkait dengan ketentuan eksternal dan iii. Other risks related to external and internal regulations.
internal.
Identifikasi risiko kepatuhan dilakukan secara berkala sesuai Compliance risk identification is performed periodically based on
dengan pengalaman kerugian di masa lalu yang disebabkan oleh the knowledge of historical losses due to compliance risk and is
risiko kepatuhan dan pengukuran risiko kepatuhan juga dilakukan measured through risk calculations based on accounting loss data
melalui perhitungan risiko berdasarkan data kerugian akuntansi using a loss distribution approach for calculating capital charges.
dengan menggunakan pendekatan distribusi kerugian untuk
perhitungan capital charges.
55. RISIKO STRATEJIK 55. STRATEGIC RISK
Risiko stratejik adalah risiko akibat ketidaktepatan dalam Strategic risk is the risk due to inaccurate decision making and/or
pengambilan dan/atau pelaksanaan suatu keputusan stratejik serta implementation of strategic decisions and failure in anticipating
kegagalan dalam mengantisipasi perubahan lingkungan bisnis. business environment changes. Strategic risk identification is
Identifikasi risiko stratejik dilakukan secara berkala sesuai dengan performed periodically based on knowledge of historical losses due
pengalaman kerugian dimasa lalu yang disebabkan oleh risiko to strategic risk. Strategic risk control is performed through
stratejik. Pengendalian risiko stratejik dilakukan melalui monitoring periodical monitoring the realization of the budget determined
pencapaian/realisasi atas anggaran yang sudah ditetapkan secara periodically, followed by the investigation of the factors that cause
berkala dan dilanjutkan dengan mitigasi dari faktor-faktor penyebab failures.
kegagalan.
56. MANAJEMEN MODAL 56. CAPITAL MANAGEMENT
Tujuan utama dari kebijakan Grup atas kebijakan pengelolaan The primary objectives of the Group’s capital management policy
modal adalah untuk memastikan bahwa Grup memiliki modal yang are to ensure that the Group has a strong capital to support the
kuat untuk mendukung strategi pengembangan ekspansi usaha Group’s business expansion strategy currently, to sustain future
Grup saat ini dan mempertahankan kelangsungan pengembangan development of the business, to meet regulator capital adequacy
di masa mendatang serta untuk memenuhi ketentuan kecukupan requirements and also to ensure the efficiency of Group's capital
permodalan yang ditetapkan oleh regulator serta memastikan agar structure.
struktur permodalan Grup telah efisien.
Grup menyusun Rencana Permodalan berdasarkan penilaian dan The Group undertakes Capital Planning based on assessment and
penelaahan atas kebutuhan kecukupan permodalan yang review of the capital situation in terms of the legal capital adequacy
dipersyaratkan dan mengkombinasikannya dengan tinjauan requirement, combined with assessment of economic outlooks. The
perkembangan ekonomi terkini. Grup senantiasa akan Group will continue to link financial and capital adequacy goals to
menghubungkan tujuan keuangan dan kecukupan modal terhadap risk which can be tolerated appetite through the capital planning
risiko yang dapat ditoleransi melalui proses perencanaan modal, process method as well as assess the businesses based on
begitu pula dengan bisnis yang disesuaikan dengan tingkat Group’s capital and liquidity requirements.
permodalan dan persyaratan likuiditas Grup.
Kebutuhan permodalan Grup juga direncanakan dan didiskusikan The capital needs of the Group are also discussed and planned on
secara rutin yang didukung dengan data-data analisis. a routine basis supported by data analysis.
Rencana Permodalan disusun oleh Dewan Direksi sebagai bagian Capital Planning is prepared by the Board of Directors as part of
dan Rencana Bisnis Grup dan disetujui oleh Dewan Komisaris. Group’s business plan and is approved by the Board of
Perencanaan ini diharapkan akan memastikan tersedianya modal Commissioners. Capital Planning ensures that adequate levels of
yang cukup dan terciptanya struktur permodalan yang kuat guna capital and strong mix of the different components of capital are
mendukung pertumbuhan bisnis ke depan. maintained to support business growth in the future.
142
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The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
56. MANAJEMEN MODAL (lanjutan) 56. CAPITAL MANAGEMENT (continued)
Otoritas Jasa Keuangan (OJK) menentukan dan mengawasi Financial Services Authority (OJK) sets and monitors capital
kebutuhan modal Grup. Grup diwajibkan untuk menaati peraturan requirements for the Group. The Group is required to comply with
yang berlaku dalam hal ini modal yang diwajibkan regulator. prevailing regulation in respect of regulatory capital. The Group's
Pendekatan Grup terhadap pengelolaan modal ditentukan oleh approach to capital management is driven by bank's strategic and
strategi dan persyaratan organisasi bank, dengan organisational requirements, taking into account regulatory,
memperhitungkan peraturan, serta keadaan ekonomi dan economic and commercial environment.
komersial.
Grup mematuhi semua persyaratan modal yang ditetapkan oleh The Group has complied with all regulator imposed capital
pihak regulator sepanjang periode pelaporan, khususnya requirements throughout the reporting period, particularly regarding
berkenaan dengan perhitungan Kewajiban Penyediaan Modal Capital Adequacy Ratio (CAR) and calculation of Risk Weighted
Minimum (KPMM) dan Aktiva Tertimbang Menurut Risiko (ATMR). Assets (RWA).
Grup menghitung kebutuhan modal berdasarkan POJK Group calculates its capital requirements in accordance with POJK
No.34/POJK.03/2016 tanggal 22 November 2016 tentang No.34/POJK.03/2016 dated November 22, 2016 about "Changes of
"Perubahan Atas Peraturan Otoritas Jasa Keuangan Financial Service Authority Regulation No.11/POJK.03/2016 about
No.11/POJK.03/2016 tentang Kewajiban Penyediaan Modal Minimum Capital Reserve for Commercial Bank" and OJK Circular
Minimum Bank Umum" dan Surat Edaran OJK Letter No.43/SEOJK.03/2016 about "Transparency and Publication
No.43/SEOJK.03/2016 tentang "Transparansi dan Publikasi Conventional Commercial Bank Report", where the regulatory
Laporan Bank Umum Konvensional", dimana modal yang capital is analysed into two tiers as follows:
diwajibkan regulator dianalisa dalam dua tier sebagai berikut:
- Modal inti (tier 1), yang terdiri dari modal inti utama dan modal - Tier 1 capital, which consists of core and additional core capital.
inti tambahan. Modal inti utama antara lain meliputi modal Core capital includes issued and fully paid-up capital, additional
ditempatkan dan disetor penuh, tambahan modal disetor, paid-in capital, general reserve, specific reserve, retained
cadangan umum, laba tahun-tahun lalu dan periode/tahun earnings and profit for the period/year (100%), other
berjalan (100%), penghasilan komprehensif lainnya berupa comprehensive income deriving from potential gain/loss from the
potensi keuntungan/kerugian yang berasal dari perubahan nilai changes in fair value of financial assets classified as available-
wajar aset keuangan dalam kelompok tersedia untuk dijual, for-sale, shortfall between allowable amount of allowance for
selisih kurang dari penyisihan penghapusan aset produktif uncollectible account on productive assets according to Bank
sesuai ketentuan Bank Indonesia dan cadangan kerugian Indonesia guideline and allowance for impairment losses on
penurunan nilai asset produktif yang diperbolehkan. Aset pajak productive assets. Deferred tax assets, intangible assets
tangguhan, aset takberwujud (termasuk goodwill) dan (including goodwill) and share investments (100%) are deducted
penyertaan (100%) merupakan faktor pengurang modal inti from core capital. Additional core capital includes non-
utama. Modal inti tambahan antara lain terdiri dari saham cumulative preference shares, subordinated securities and
preferen, surat berharga subordinasi dan pinjaman subordinasi subordinated debts net of buyback portion.
dimana ketiganya bersifat non kumulatif setelah dikurangi
pembelian kembali.
- Modal pelengkap (tier 2) antara lain meliputi instrumen modal, - Supplementary capital (tier 2), which includes capital
agio atau disagio, cadangan umum aset produktif dan instruments, agio or disagio, general reserves of productive
cadangan tujuan sesuai ketentuan Bank Indonesia. assets and purpose reserves according to Bank Indonesia
guideline.
Beberapa batasan berlaku untuk bagian-bagian modal yang Various limits have been set to elements of the regulatory capital,
diwajibkan oleh regulator, antara lain Grup wajib menyediakan such as the Group's are required to provide core capital (tier 1) at a
modal inti (tier 1) paling rendah sebesar 6,00% dari ATMR dan minimum of 6.00% from Risk Weighted Assets and Common Equity
modal inti utama (Common Equity tier 1) paling rendah sebesar tier 1 at a minimum of 4.50% from Risk Weighted Assets, both
4,50% dari ATMR, baik secara individual maupun secara dengan individually and level with subsidiary.
entitas anak.
- Modal tier 1, meliputi modal ditempatkan dan disetor penuh, - Tier 1 capital, which includes issued and fully paid share capital,
cadangan umum, saldo laba dan laba periode berjalan. general reserve, retained earnings and profit for the period.
- Modal tier 2, meliputi penyisihan kerugian penurunan nilai yang - Tier 2 capital, which includes the eligible amount of allowance
diperbolehkan. for impairment losses.
Grup tidak mempunyai modal tambahan lain yang memenuhi The Group does not have any other supplementary capital which
kriteria modal tier 3 sesuai dengan peraturan BI yang berlaku. meets the criteria of tier 3 capital under prevailing BI regulation.
Berbagai batasan telah diterapkan untuk bagian-bagian modal Various limits are applied to elements of the regulatory capital. The
yang diwajibkan oleh regulator. Pengaruh dari pajak tangguhan effect of deferred taxation has been excluded in determining the
telah dikeluarkan dalam menentukan jumlah saldo laba untuk amount of retained earnings for tier 1 capital; only 50 percent of the
modal tier 1; hanya 50 persen laba periode berjalan sebelum pajak profit for the period before deferred taxation being included in tier 1
tangguhan yang dapat diperhitungkan dalam modal tier 1; dan capital; and qualifying tier 2 capital cannot exceed tier 1 capital.
modal tier 2 tidak boleh melebihi modal tier 1. Juga terdapat There is also a restriction on the amount of collective impairment
batasan jumlah penyisihan kolektif penurunan nilai yang boleh allowances that may be included as part of tier 2 capital.
dimasukkan sebagai bagian dari modal tier 2.
143
Page 729
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
56. MANAJEMEN MODAL (lanjutan) 56. CAPITAL MANAGEMENT (continued)
ATMR Grup ditentukan berdasarkan persyaratan yang telah ATMR are determined according to specified requirements that
ditentukan yang mencerminkan berbagai tingkatan risiko yang seek to reflect the varying levels of risk attached to assets and
terkait dengan aset dan eksposur, yang tidak tercermin dalam exposures not recognized in theconsolidated statement of financial
laporan posisi keuangan konsolidasian. Berdasarkan peraturan BI, position. Based on BI regulations, the Group needs to take into
Grup diharuskan untuk mempertimbangkan risiko kredit, risiko consideration its credit risk, market risk and operational risk in
pasar dan risiko operasional dalam mengukur ATMR Bank. measuring the ATMR.
Kebijakan Grup adalah menjaga modal yang kuat untuk menjaga The Group's policy is to maintain a strong capital base so as to
kepercayaan pemodal, kreditur dan pasar dan untuk maintain investor, creditor and market confidence and to sustain
mempertahankan perkembangan bisnis di masa depan. Pengaruh future development of business. The impact of the level of capital
tingkat modal terhadap tingkat pengembalian ke pemegang saham on shareholders' return is also recognized and the Group also
juga diperhitungkan dan Grup juga memahami perlunya menjaga recognise the need to maintain a balance between the higher return
keseimbangan antara tingkat pengembalian yang tinggi, yang that might be possible with greater gearing and the advantages and
dimungkinkan dengan gearing yang lebih besar serta keuntungan- security level afforded by a strong capital position.
keuntungan dan tingkat keamanan yang didapat dari posisi modal
yang kuat.
Manajemen menggunakan rasio permodalan yang diwajibkan Management uses regulatory capital ratios in order to monitor its
regulator untuk memantau permodalan Grup dan rasio-rasio modal capital base, and these capital ratios remain the industry standards
ini tetap menjadi standar industri untuk mengukur kecukupan for measuring capital adequacy. OJK’s approach to such
modal. Pendekatan OJK untuk pengukuran ini terutama didasarkan measurement is primarily based on monitoring the relationship of
pada pemantauan hubungan antara profil risiko Bank dengan The Group’s risk profile with the available capital. The Group is
ketersediaan modal. Grup wajib menyediakan modal minimum required to provide minimum capital based on the risk profile.
sesuai profil risiko.
Penyediaan modal minimum sebagaimana dimaksud ditetapkan Minimum capital requirements are as follows:
sebagai berikut:
- Untuk profil risiko peringkat 1 (satu), modal minimum terendah - For banks with risk profile rating 1 (one), the minimum capital
yang wajib dimiliki adalah 8% dari Aset Tertimbang Menurut requirement is 8% of Risk Weighted Asset;
Risiko;
- Untuk profil risiko peringkat 2 (dua), modal minimum terendah - For banks with risk profile rating 2 (two), the minimum capital
yang wajib dimiliki adalah 9% sampai dengan kurang dari 10% requirement is 9% to less than 10% of Risk Weighted Asset;
dari Aset Tertimbang Menurut Risiko;
- Untuk profil risiko peringkat 3 (tiga), modal minimum terendah - For banks with risk profile rating 3 (three), the minimum capital
yang wajib dimiliki adalah 10% sampai dengan kurang dari 11% requirement is 10% to less than 11% of Risk Weighted Asset;
dari Aset Tertimbang Menurut Risiko; dan and
- Untuk profil risiko peringkat 4 (empat) atau 5 (lima), modal - For banks with risk profile rating 4 (four) or 5 (five), the minimum
minimum terendah yang wajib dimiliki adalah 11% sampai capital requirement is 11% to less than 14% of Risk Weighted
dengan kurang dari 14% dari Aset Tertimbang Menurut Risiko. Asset.
57. ASET DAN LIABILITAS KEUANGAN 57. FINANCIAL ASSETS AND LIABILITIES
Nilai wajar yang diungkapkan di bawah ini adalah berdasarkan The fair values disclosed below are based on available relevant
informasi relevan yang tersedia pada tanggal laporan posisi information at the consolidated statement of financial position date
keuangan konsolidasian dan tidak diperbaharui untuk and are not updated to reflect changes in market conditions which
mencerminkan perubahan dalam kondisi pasar yang telah terjadi have occurred after the dates of the consolidated statements of
setelah tanggal laporan posisi keuangan konsolidasian. financial position.
144
Page 730
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
57. ASET DAN LIABILITAS KEUANGAN (lanjutan) 57. FINANCIAL ASSETS AND LIABILITIES (continued)
Tabel di bawah ini menyajikan nilai tercatat dan nilai wajar aset dan The table below presents the carrying amount and fair values of the
liabilitas keuangan Bank pada tanggal 31 Desember 2024 dan Bank’s financial assets and liabilites as of December 31, 2024 and
2023: 2023:
2024 2023
Nilai Nilai
tercatat/ Nilai wajar/ tercatat/ Nilai wajar/
Carrying Fair value Carrying Fair value
Aset Keuangan Financial Assets
Kas 2.867.479 2.867.479 2.652.775 2.652.775 Cash
Surat Berharga Securities
Nilai wajar melalui Fair value through
pendapatan komprehensif lain other comprehensive income
Surat Utang Negara 4.000.704 4.000.704 7.762.560 7.762.560 Government bonds
Sekuritas Rupiah Bank Indonesia 2.852.642 2.852.642 592.400 592.400 Bank Indonesia Rupiah Securities
Sukuk Bank Indonesia 931.325 931.325 450.000 450.000 Sukuk of Bank Indonesia
Biaya perolehan diamortisasi Amortized cost
Surat Utang Negara 3.233.488 3.233.488 4.848.046 4.848.046 Government bonds
Obligasi: 2.092.633 2.092.633 2.089.302 2.089.302 Bonds
Sekuritas Rupiah Bank Indonesia 1.538.043 1.538.043 592.400 592.400 Bank Indonesia Rupiah Securities
Sukuk Bank Indonesia 3.142.235 3.142.235 450.000 450.000 Sukuk of Bank Indonesia
Sukuk Negara 645.475 645.475 - - Sukuk of Government
Sukuk Korporasi 133.000 133.000 - - Sukuk of Corporation
Sertifikat Investasi Interbank Mudharabah
Mudharabah Antarbank (SIMA) 1.595.000 1.595.000 450.000 450.000 Investment Certificates
Negotiable Certificate of Deposit - - 28.500 28.500 Negotiable Certificate of Deposit
Reksadana 190.000 190.000 90.000 90.000 Reksadana
Surat Kredit Berdokumen Dalam Negeri 12.999 12.999 12.913 12.913 Domestic L/C
Wesel - - 112 112 Bill
20.367.544 20.367.544 17.366.233 17.366.233
23.235.023 23.235.023 20.019.008 20.019.008
2024 2023
Nilai Nilai
tercatat/ Nilai wajar/ tercatat/ Nilai wajar/
Carrying Fair value Carrying Fair value
Giro pada Bank Indonesia 5.584.147 5.584.147 7.971.412 7.971.412 Current accounts with Bank Indonesia
Giro pada Bank lain 505.184 505.184 491.330 491.330 Current accounts with other banks
Penempatan pada Bank Indonesia Placement with Bank Indonesia
dan bank lain 1.333.470 1.333.470 5.234.721 5.234.721 and other banks
Surat berharga 20.367.544 20.367.544 16.323.831 16.323.831 Marketable securities
Surat berharga yang dijual Marketable securities sold
untuk dijual kembali 9.149.544 9.149.544 8.303.663 8.303.663 under repurchased agreement
Tagihan reverse repo 617.860 617.860 6.247.318 6.247.318 Reverse repo receivables
Tagihan lainnya 254.336 254.336 223.138 223.138 Other receivables
Kredit yang diberikan dan Loans and
piutang/pembiayaan syariah 75.352.740 75.352.740 54.760.903 54.760.903 sharia receivbles/financing
Pendapatan bunga
yang masih akan diterima 790.734 790.734 685.734 685.734 Interest receivables
Jumlah 113.955.559 113.955.559 100.242.050 100.242.050 Total
Liabilitas Keuangan Financial liabilities
Liabilitas segera 992.047 992.047 987.605 987.605 Obligations due immediately
Simpanan nasabah 74.829.294 74.829.294 75.849.855 75.849.855 Deposits from customers
Simpanan dari bank lain 733.874 733.874 2.560.321 2.560.321 Deposits from other banks
Pinjaman yang diterima 1.527.532 1.527.532 596.977 596.977 Borrowings
Beban yang masih harus dibayar 442.814 442.814 504.748 504.748 Accrued expenses
Liabilitas lain-lain 732.438 732.438 779.314 779.314 Other liabilities
Jumlah 79.257.999 79.257.999 81.278.820 81.278.820 Total
145
Page 731
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
57. ASET DAN LIABILITAS KEUANGAN (lanjutan) 57. FINANCIAL ASSETS AND LIABILITIES (continued)
i. Giro pada Bank Indonesia, giro pada bank lain, penempatan i. Current accounts with Bank Indonesia, other banks, placements
pada Bank Indonesia dan bank lain, surat-surat berharga dan with Bank Indonesia and other banks, marketable securities and
tagihan lainnya other receivables
Nilai tercatat dari kas dan setara kas, giro serta penempatan Carrying value of cash and cash equivalents, current accounts
dengan suku bunga mengambang adalah perkiraan yang layak and placements at floating interest rates are the reasonable
atas nilai wajar. estimates of fair value.
Estimasi nilai wajar terhadap penempatan dengan suku bunga The estimated fair value of placements with fixed interest rates,
tetap, surat-surat berharga dan tagihan lainnya ditetapkan marketable securities and other receivables are determined
berdasarkan diskonto arus kas dengan menggunakan suku based on discounted cash flows using the prevailing money
bunga pasar uang yang berlaku untuk utang dengan risiko market interest rates for debt with the same credit risks and
kredit dan sisa jatuh tempo yang serupa. Karena sisa jatuh remaining maturity. Because the residual maturity dates are
tempo di bawah 1 (satu) tahun, sehingga nilai tercatat dari below 1 (one) year, the carrying amount of fixed rate
penempatan dengan suku bunga tetap, surat-surat berharga placements, marketable securities and other receivables are
dan tagihan lainnya adalah perkiraan yang layak atas nilai reasonable estimates of fair value.
wajar.
ii. Kredit yang diberikan dan piutang/pembiayaan syariah ii Loans and sharia receivables/financing
Portofolio kredit Grup terdiri dari kredit yang diberikan dengan The Group credit portfolio consists of loans with fixed interest
suku bunga tetap. Kredit yang diberikan dinyatakan rates. The loans are stated at carrying amounts. The fair value
berdasarkan jumlah nilai tercatat. Nilai wajar dari kredit yang of the loans shows the estimated value of discounted future
diberikan menunjukkan nilai diskonto dari perkiraan arus kas cash flows expected to be received by the Group. Estimated
masa depan yang diharapkan akan diterima oleh Grup. cash flows are discounted using market interest rates to
Perkiraan arus kas ini didiskontokan dengan menggunakan determine fair values.
suku bunga pasar untuk menentukan nilai wajar.
iii. Liabilitas segera, simpanan dari nasabah dan simpanan dari iii. Liabilities immediately payable, deposits from customers and
bank lain dan liabilitas lain-lain deposits from other banks and other liabilities
Estimasi nilai wajar liabilitas segera, simpanan tanpa jatuh The estimated fair value of liabilities immediately payable,
tempo, termasuk simpanan tanpa bunga adalah sebesar jumlah deposits with no specified maturity, including non-interest-
terutang ketika utang tersebut dibayarkan. bearing deposits represent payable amounts when the debt is
paid.
Estimasi nilai wajar terhadap simpanan dengan tingkat suku The estimated fair value of deposits with fixed interest rates and
bunga tetap dan liabilitas lain-lain yang tidak memiliki kuotasi di other liabilities that do not have a quotation price in an active
pasar aktif ditetapkan berdasarkan diskonto arus kas dengan market is determined based on discounted cash flows using the
menggunakan suku bunga utang baru dengan sisa jatuh tempo interest rates of new debt with similar maturities. There is no
yang serupa. Adalah tidak praktis untuk memperkirakan nilai practice to estimate the fair value of security deposits due to
wajar dari setoran jaminan dikarenakan tidak memiliki jangka they have no certain settlement schedule, although is not
waktu pembayaran yang tetap meskipun tidak diharapkan dapat expected to be settled within 12 months after the reporting date,
diselesaikan dalam waktu 12 bulan setelah tanggal pelaporan, the carrying amount of fixed rate deposits and other liabilities
sehingga nilai tercatat dari simpanan dengan suku bunga tetap are reasonable estimates of fair value.
dan liabilitas lain-lain adalah perkiraan yang layak atas nilai
wajar.
iv. Surat berharga iv. Marketable securities
Nilai wajar untuk surat berharga yang dimiliki hingga jatuh The fair value for marketable securities held to maturity is
tempo ditetapkan berdasarkan harga pasar atau harga kuotasi determined based on market prices or quotation prices of
perantara (broker) /pedagang efek (dealer). Jika informasi ini intermediaries (brokers)/securities dealers. If this information is
tidak tersedia, nilai wajar diestimasi dengan menggunakan not available, fair value is estimated using quotation market
harga pasar kuotasi efek yang memiliki karakteristik kredit, jatuh prices of securities with similar credit characteristics, maturities
tempo dan yield yang serupa. Surat berharga yang tersedia and yields. The Available for sale for marketable securities are
untuk dijual adalah surat berharga yang ditetapkan untuk intended to be held for indefinite period of time, which may be
dimiliki pada periode tertentu dimana akan dijual dalam rangka sold in response to needs for liquidity or changes in interest
pemenuhan likuiditas atau perubahan suku bunga, valuta asing rates, exchange rates or that are not classified as loans and
atau yang tidak diklasifikasikan sebagai pinjaman yang receivables, held to maturity or financial assets at fair value
diberikan atau piutang, aset keuangan yang diklasifikasikan through profit or loss.
dalam kelompok dimiliki hingga jatuh tempo atau aset
keuangan yang diukur pada nilai wajar melalui laba rugi.
v. Pinjaman yang diterima v. Borrowings
Dihitung berdasarkan diskonto arus kas sesuai dengan sisa The calculation is based on the discounted cash flow
periode jatuh temponya. corresponding to the remaining period to maturity.
146
Page 732
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
58. JAMINAN TERHADAP KEWAJIBAN PEMBAYARAN BANK 58. GOVERNMENT GUARANTEE OF OBLIGATIONS OF PRIVATE
UMUM BANKS
Berdasarkan Undang-undang No.24 tanggal 22 November 2004 Based on Law No.24 dated November 22, 2004, which was
yang berlaku efektif sejak tanggal 22 November 2005, effective on November 22, 2005 and subsequently amended by the
sebagaimana diubah dengan Peraturan Pemerintah Pengganti Government Regulation-in-Lieu-of Law No.3 (Perppu No.3/2008)
Undang-Undang Republik Indonesia No.3 (Perppu No.3/2008) dated October 13, 2008, the Indonesian Deposit Insurance
tanggal 13 Oktober 2008, Lembaga Penjaminan Simpanan (LPS) Corporation (LPS) was formed to guarantee certain liabilities of
dibentuk untuk menjamin liabilitas tertentu bank umum commercial banks under the applicable guarantee program, where
berdasarkan program penjaminan yang berlaku, yang besaran nilai the amount of such guarantee can be changed if certain valid
jaminannya dapat berubah jika memenuhi kriteria tertentu yang criteria are fullfilled.
berlaku.
Berdasarkan Peraturan Pemerintah No.66 Tahun 2008 tanggal 13 Based on Government Regulation No.66 of 2008 dated October 13,
Oktober 2008 tentang “Besaran Nilai Simpanan yang Dijamin 2008 regarding the "Amount of Deposit Guaranteed by the Deposit
Lembaga Penjamin Simpanan” yang disempurnakan melalui Insurance Corporation" which was amended through LPS
Peraturan LPS No.1/PLPS/2023 tanggal 12 Januari 2023 tentang Regulation No.1/PLPS/2023 dated January 12, 2023 concerning
Program Penjaminan Simpanan bahwa saldo yang dijamin untuk the Deposit Guarantee Program that the guaranteed balance for
setiap nasabah pada satu Bank adalah paling tinggi each customer at one Bank is a maximum of Rp2,000,000,000 (two
Rp2.000.000.000 (dua miliar Rupiah). Suku bunga penjaminan billion Rupiah). LPS guarantee interest rate as of December 31,
LPS pada tanggal 31 Desember 2024 dan 2023 masing-masing 2024 and 2023 were 4.25% and 4.25%, respectively, for deposits in
adalah sebesar 4,25% dan 4,25% untuk simpanan dalam mata Rupiah. For deposits in foreign currency as of December 31, 2024
uang Rupiah. Untuk simpanan dalam mata uang asing pada and 2023 were 2.25% and 2.25%, respectively.
tanggal 31 Desember 2024 dan 2023 masing-masing adalah
sebesar 2,25% dan 2,25%.
Pada tanggal 13 Januari 2009, Pemerintah Republik Indonesia On January 13, 2009, the Government of the Republic of Indonesia
telah mengesahkan Perppu No.3/2008 menjadi Undang-undang. has stipulated Perppu No.3/2008 to become a law.
Beban premi penjaminan Pemerintah yang dibayar oleh Bank pada The Government guarantee premiums paid by the Group as of
tanggal 31 Desember 2024 dan 2023, masing-masing sebesar December 31, 2024 and 2023, amounted to Rp183,166 and
Rp183.166 dan Rp167.677. Rp167,677 respectively.
147
Page 733
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
59. PELAPORAN JATUH TEMPO 59. MATURITY PROFILE
Pelaporan jatuh tempo aset dan liabilitas menurut kelompok jatuh The maturity of the Group’s assets and liabilities based on the
temponya berdasarkan periode yang tersisa (sebelum penyisihan remaining period (before allowance for impairment losses), is as
kerugian), adalah sebagai berikut: follows:
2024
Tidak ada
tanggal jatuh
tempo Sampai
kontraktual/ dengan 1
No bulan/ >1<3 >3<6 > 6 < 12
contractual Up to 1 bulan/ bulan/ bulan/ > 12 bulan/ Jumlah/
maturity month months months months months Total
ASET ASSETS
Kas 2.867.479 - - - - - 2.867.479 Cash
Current accounts with
Giro pada Bank Indonesia 5.584.147 - - - - - 5.584.147 Bank Indonesia
Giro pada bank lain 504.907 - - - - - 504.907 Current accounts with other banks
Penempatan pada Bank Indonesia Placement with Bank Indonesia
dan bank lain - 1.732.192 - - - - 1.732.192 and other banks
Surat berharga Marketable securities
Biaya perolehan diamortisasi - 3.623.150 830.527 1.884.493 2.681.239 3.560.418 12.579.826 Amortized cost
Nilai wajar melalui pendapatan fair value through
komprehensif lain - 399.427 486.235 777.629 1.277.342 4.844.034 7.784.666 other comprehensive income
Surat berharga Repo - 9.149.544 - - - - 9.149.544 Repo marketable securities
Tagihan reverse repo - 231.199 - 386.661 - - 617.860 Reverse repo receivables
Tagihan spot dan derivatif - - - - - - - Receivables of spot and derivatif
Tagihan lainnya - 254.336 - - - - 254.336 Other receivables
Kredit yang diberikan dan Loans and
piutang/pembiayaan syariah - 820.225 2.072.791 1.847.495 3.880.548 64.618.458 73.239.516 sharia receivables/financing
Pendapatan bunga yang Interest income
masih akan diterima 790.734 - - - - - 790.734 that will still be received
Beban dibayar dimuka 233.506 - - - - - 233.506 Prepaid expense
Aset tetap - neto 1.917.439 - - - - - 1.917.439 Fixed assets - net
Aset pajak tangguhan - neto 438.391 - - - - - 438.391 Deferred tax assets - net
Aset lain-lain 332.618 - - - - - 332.618 Other assets
Jumlah 12.669.221 16.210.074 3.389.553 4.896.277 7.839.128 73.022.910 118.027.162 Total
LIABILITAS LIABILITIES
Liabilitas segera 992.047 - - - - - 992.047 liability immediately
Simpanan dari nasabah 56.039.119 13.594.823 11.342.348 4.961.549 3.952.698 125.075 90.015.612 Deposits from customer
Simpanan dari bank lain 667.204 168.302 15.880 2.530 10.000 500 864.415 Deposits from other banks
Kewajiban spot dan derivatif - - - - - - - Liabilities of spot and derivatif
Pinjaman yang diterima 1.527.532 - - - - - 1.527.532 Borrowings
Utang pajak 84.791 - - - - - 84.791 Taxes payables
Beban yang masih harus dibayar 442.814 - - - - - 442.814 Accrued expense
Liabilitas lain-lain 732.438 - - - - - 732.438 Other liabilities
Jumlah 60.485.944 13.763.124 11.358.228 4.964.079 3.962.698 125.575 94.659.648 Total
Perbedaan jatuh tempo 73.155.164 29.973.198 14.747.780 9.860.356 11.801.826 73.148.485 212.686.810 Maturity Gap
148
Page 734
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
59. PELAPORAN JATUH TEMPO (lanjutan) 59. MATURITY PROFILE (continued)
2023
Tidak ada
tanggal jatuh
tempo Sampai
kontraktual/ dengan 1
No bulan/ >1<3 >3<6 > 6 < 12
contractual Up to 1 bulan/ bulan/ bulan/ > 12 bulan/ Jumlah/
maturity month months months months months Total
ASET ASSETS
Kas 2.652.775 - - - - - 2.652.775 Cash
Current accounts with
Giro pada Bank Indonesia 7.073.597 - - - - 897.815 7.971.412 Bank Indonesia
Giro pada bank lain 491.330 - - - - - 491.330 Current accounts with other banks
Penempatan pada Bank Indonesia Placement with Bank Indonesia
dan bank lain - 5.233.226 1.495 - - - 5.234.721 and other banks
Surat berharga Marketable securities
Biaya perolehan diamortisasi - 830.243 1.504.216 783.350 698.551 4.744.401 8.560.761 Amortized cost
Nilai wajar melalui pendapatan fair value through
komprehensif lain - 7.732.011 30.549 - - - 7.762.560 other comprehensive income
Surat berharga Repo - - 1.000.865 - 605.755 6.697.043 8.303.663 Repo marketable securities
Tagihan reverse repo - 6.197.612 49.706 - - - 6.247.318 Reverse repo receivables
Tagihan spot dan derivatif - - - - - - - Receivables of spot and derivatif
Tagihan lainnya - 223.138 - - - - 223.138 Other receivables
Kredit yang diberikan dan Loans and
piutang/pembiayaan syariah - 383.350 993.507 2.681.738 3.472.562 47.229.746 54.760.903 sharia receivables/financing
Pendapatan bunga yang Interest income
masih akan diterima 685.734 - - - - - 685.734 that will still be received
Beban dibayar dimuka 207.452 - - - - - 207.452 Prepaid expense
Aset tetap - neto 1.277.714 - - - - - 1.277.714 Fixed assets - net
Aset pajak tangguhan - neto - - - - - 472.122 472.122 Deferred tax assets - net
Aset lain-lain 373.402 - - - - - 373.402 Other assets
Jumlah 12.762.004 20.599.580 3.580.338 3.465.088 4.776.868 60.041.127 105.225.005 Total
LIABILITAS LIABILITIES
Liabilitas segera 987.605 - - - - - 987.605 liability immediately
Simpanan dari nasabah - 22.457.975 5.462.113 2.436.735 7.344.737 40.495.350 78.196.910 Deposits from customer
Simpanan dari bank lain - 2.541.703 29.280 60 8.200 500 2.579.743 Deposits from other banks
Kewajiban spot dan derivatif - - - - - - - Liabilities of spot and derivatif
Pinjaman yang diterima 150.638 - - - 406.994 557.632 Borrowings
Utang pajak 143.245 - - - - - 143.245 Taxes payables
Beban yang masih harus dibayar 504.748 - - - - - 504.748 Accrued expense
Liabilitas lain-lain 779.314 - - - - - 779.314 Other liabilities
Jumlah 2.565.550 24.999.678 5.491.393 2.436.795 7.352.937 40.902.844 83.749.197 Total
Perbedaan jatuh tempo 10.196.454 (4.400.098) (1.911.055) 1.028.293 (2.576.069) 19.138.283 21.475.808 Maturity Gap
149
Page 735
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
60. INFORMASI KEUANGAN ENTITAS ANAK DAN UNIT USAHA 60. SUBSIDIARY AND SHARIA UNIT FINANCIAL INFORMATION
SYARIAH
2024 2023
ASET ASSETS
Kas 539.364 35.681 Cash
Penempatan pada Bank Indonesia Placements with Bank Indonesia
dan bank lain 1.404.553 338.477 and other banks
Surat berharga 4.024.607 1.066.406 Marketable securities
Dikurangi: cadangan kerugian penurunan nilai (2.710) - Less: Allowance for impairment losses
Surat berharga, neto 4.021.897 1.404.883 Marketable securities, net
Piutang: Receivables:
- Murabahah 2.941.516 902.861 Murabahah -
- Qardh 56.456 49.062 Qardh -
- Ijarah - - Ijarah -
Dikurangi: cadangan kerugian penurunan nilai (68.990) (25.963) Less: Allowance for impairment losses
Piutang, neto 2.928.982 925.960 Receivables, net
Pembiayaan: Financing:
- Musyarakah 10.901.768 1.130.521 Musyarakah -
- Mudharabah 61.292 105.174 Mudharabah -
Dikurangi: cadangan kerugian penurunan nilai (139.554) (27.429) Less: Allowance for impairment losses
Pembiayaan, neto 10.823.506 1.208.266 Financing, net
Aset ijarah 900 241 Ijarah assets
Aset tetap 854.926 66.882 Fixed assets
Dikurangi: Akumulasi penyusutan (174.215) (34.884) Less: Accumulated depreciation
Nilai buku neto 680.711 32.239 Net book value
Penyertaan modal 2.568 - Investment in shares
Aset lain-lain 158.935 13.561 Other assets
JUMLAH ASET 20.561.416 3.620.590 TOTAL ASSETS
LIABILITAS, INVESTASI LIABILITIES, UNCOMMITED
TIDAK TERIKAT DAN EKUITAS INVESTMENT AND EQUITY
LIABILITAS LIABILITIES
Giro wadiah 242.359 174.426 Wadiah current accounts
Tabungan wadiah 255.812 81.125 Wadiah savings
Liabilitas segera 316.061 21.029 Obligations due immediately
Surat berharga yang diterbitkan 202.389 - Securities issued
Liabilitas lainnya 2.391.170 943.288 Other liabilities
JUMLAH LIABILITAS 3.407.792 1.219.868 TOTAL LIABILITIES
INVESTASI TIDAK TERIKAT UNCOMMITTED INVESTMENT
Giro mudharabah 1.626.495 1.786 Mudharabah current account
Tabungan mudharabah 4.738.859 734.193 Mudharabah savings
Deposito berjangka mudharabah 8.723.958 1.630.498 Mudharabah time deposits
JUMLAH INVESTASI TIDAK TERIKAT 15.089.313 2.366.477 TOTAL UNCOMMITTED INVESTMENT
EKUITAS LIABILITIES
Modal disetor 957.651 - Paid in capital
Tambahan modal disetor 50.662 - Other paid in capital
Penghasilan komprehensif lainnya 54.740 - Other comprehensive income
Agio saham 60.784 - Share premium
Cadangan umum 698.335 - General reserve
Laba bersih 242.138 34.245 Net income
JUMLAH EKUITAS 2.064.311 34.245 TOTAL EQUITY
JUMLAH LIABILITAS, INVESTASI TOTAL LIABILITIES, UNCOMMITTED
TIDAK TERIKAT DAN EKUITAS 20.561.416 3.620.590 INVESTMENT AND EQUITY
150
Page 736
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
60. INFORMASI KEUANGAN ENTITAS ANAK DAN UNIT USAHA 60. SUBSIDIARY AND SHARIA UNIT FINANCIAL INFORMATION
SYARIAH (lanjutan) (continued)
2024 2023
LAPORAN LABA RUGI KONSOLIDASIAN CONSOLIDATED STATEMENTS OF PROFIT OR LOSS
Pendapatan operasional Operating income
- Margin 237.938 62.234 Margin -
- Bagi hasil 1.046.914 95.101 Profit sharing -
- Sewa 207 128 Rents -
- Lainnya 355.734 61.931 Others -
Pendapatan operasional 1.640.793 219.394 Operating income
Beban bagi hasil untuk investor Profit sharing expenses to
dana investasi tidak terikat non-restricted investors fund
- Bank (2.876) (338) Bank -
- Bukan bank (595.299) (62.870) Non bank -
Bagi hasil (598.175) (63.208) Profit sharing
Beban operasional lainnya Other operating expenses
- Bonus (1) (90) Bonuses -
- Penyisihan kerugian penurunan nilai (78.723) (18.396) Allowance for impairment losses -
- Beban administrasi dan umum (308.857) (40.849) General and administratif expenses -
- Beban personalia (286.975) (51.021) Personnel expenses -
- Beban lainnya (53.606) (12.017) Others -
(728.163) (122.373)
Pendapatan operasional - bersih 314.456 33.813 Net operating income
Beban operasional lainnya (13.768) - Other operating expenses
Pendapatan non-operasional - bersih 12.639 432 Non-operating income - net
Pajak kini (78.553) - Current tax
Pajak tangguhan 7.364 432 Deferred tax
Laba tahun berjalan 242.138 34.245 Profit during the year
61. ASET/LIABILITAS KONTINJENSI 61. CONTINGENT ASSETS/LIABILITIES
Grup saat ini mempunyai aset/liabilitas kontinjensi yang signifikan The Group currently has significant contingent assets/liabilities in
terkait dengan beberapa perkara perdata sebagai berikut: connection with several civil cases as follows:
1. Perkara perdata No.584/Pdt.G/2007/PN.Sby tanggal 21 1. Case No.584/Pdt.G/2007/PN.Sby dated November 21, 2007
November 2007 tentang gugatan PT Hikmah Surya Jaya about the lawsuit of PT Hikmah Surya Jaya towards Bank,
kepada Bank untuk memenuhi ganti rugi materiil atas kredit demanding compensation to the amount of Rp3,000 regarding
dana bergulir sebesar Rp3.000. Pengadilan Negeri (PN) dan revolving credit. The District Court’s and the Apellate Court’s
Pengailan Tinggi (PT) memutuskan pihak Bank menang. Bank decide that Bank won. Bank Jatim has sent a letter to The
telah mengirimkan surat kepada Pengadilan Negeri District Court’s number 057/0865/HKM/LIT/LEGAL/SRT on July
No.057/0865/HKM/LIT/LEGAL/SRT tanggal 3 Juli 2018 dan 3rd, 2018 and received by the District Court on July 6th, 2018.
diterima PN tanggal 6 Juli 2018. Masih menunggu jawaban Still waiting for a response from the District Court’s for the
surat dari PN untuk kepastian inkracht putusan Pengadilan inkracht decision of the High Court.
Tinggi tersebut.
2. Perkara Perdata Nomor 16/Pdt.G/2023/PN.Bna tanggal 18 April 2. Civil Case Number 16/Pdt.G/2023/PN.Bna dated April 18, 2023
2023 dengan Penggugat PT Rudi Jaya, potensi kerugian with the Plaintiff PT Rudi Jaya, potential material loss amounting
materiil sebesar Rp.3.218. Penggugat sebagai debitur Bank to IDR 3,218. The Plaintiff as a debtor of Bank who received the
yang menerima pola keppres mengajukan gugatan kepada presidential decree filed a lawsuit against the Bank so that it
Bank agar tidak dianggap wanprestasi dikarenakan Penggugat would not be considered in default due to The plaintiff's contract
diputus kontrak oleh Kementerian PUPR. Saat ini dalam proses was terminated by the PUPR Ministry. Currently in the cassation
Kasasi di Mahkamah Agung. process at the Supreme Court.
3. Perkara Perdata Nomor 124/Pdt.G/2023/PN.Mlg tanggal 30 Mei 3. Civil Case Number 124/Pdt.G/2023/PN.Mlg dated May 30, 2023
2023 dengan Penggugat Galuh Nalibronto Prabaningrum dan with Plaintiffs Galuh Nalibronto Prabaningrum and Ngatemoen
Ngatemoen Harijono, potensi kerugian materiil sebesar Harijono, potential material loss amounting to Rp.3,100. The
Rp.3.100, Para Penggugat sebagai Penjamin mengajukan Plaintiffs as Guarantor filed a lawsuit against the Bank to return
gugatan kepada Bank agar mengembalikan objek jaminan the collateral object to the Plaintiff because the credit was
kepada Penggugat karena kredit dianggap tidak sah. Saat ini considered invalid. Currently in the cassation process at the
dalam proses Kasasi di Mahkamah Agung. Supreme Court.
151
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The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
61. ASET/LIABILITAS KONTINJENSI (lanjutan) 61. CONTINGENT ASSETS/LIABILITIES (continued)
4. Perkara Perdata Nomor 746/Pdt.G/2023/PN.Sby tanggal 26 Juli 4. Civil Case Number 746/Pdt.G/2023/PN.Sby dated July 26, 2023
2023 dengan Penggugat PT Toya Indo Manunggal, potensi with the Plaintiff PT Toya Indo Manunggal, potential material
kerugian materiil sebesar Rp.5.732, Penggugat mengajukan loss amounting to IDR 5,732, The Plaintiff filed a lawsuit against
gugatan kepada Bank agar menyerahkan seluruh termijn yang the Bank to hand over all terms received by PT Acretia Inti
diterima oleh PT Acretia Inti Shosha Persada/Tergugat 2 atas Shosha Persada/Defendant 2 for project work from PT
pengerjaan proyek dari PT Indonesia Power. Saat ini dalam Indonesia Power. Currently in trial at the Surabaya District
proses persidangan di Pengadilan Negeri Surabaya. Court.
5. Perkara Perdata Nomor 176/Pdt.G/2023/PN.Kpn tanggal 6 5. Civil Case Number 176/Pdt.G/2023/PN.Kpn dated September 6,
September 2023 dengan Penggugat Yon Permadian Tesna, 2023 with Plaintiff Yon Permadian Tesna, against the Bank with
dengan potensi kerugian materiil sebesar Rp.27.988 Penggugat potential material losses amounting to Rp. 27,988 The plaintiff
mengajukan gugatan kepada Bank. Proses kredit Bank filed a lawsuit against the Bank. The Bank's credit process
mengandung Perbuatan Melawan Hukum. Saat ini dalam contained unlawful acts. civil judgment. Currently in the trial
proses persidangan di Mahkamah Agung. process at the Supreme Court.
7. Perkara Perdata Nomor 887/Pdt.G/2024/PN.Sby tanggal 21 7. Civil Case Number 887/Pdt.G/2024/PN.Sby dated August 21,
Agustus 2024 dengan Penggugat Sumitro Sitorus, dengan 2024 with Plaintiff Sumitro Sitorus, with potential material loss
potensi kerugian materiil sebesar Rp.6.028 Penggugat amounting to Rp.6,028 the Plaintiff filed a lawsuit against the
mengajukan gugatan kepada Bank proses kredit Bank Bank. Bank's credit process contained unlawful acts. Currently
merupakan Perbuatan Melawan Hukum. Saat ini dalam proses in trial at the Surabaya District Court.
persidangan di Pengadilan Negeri Surabaya.
8. Perkara Perdata Nomor 98/Pdt.G/2024/PN.Gsk tanggal 25 8. Civil Case Number 98/Pdt.G/2023/PN.Gsk dated September
September 2024 dengan Penggugat Bambang Wibisono, 25,2024 with Plaintiff Bambang Wibisono, with potential material
dengan potensi kerugian materiil sebesar Rp.5.300 Penggugat loss of Rp.5,300 the Plaintiff filed a lawsuit against the Bank.
mengajukan gugatan kepada Bank proses kredit Bank Bank's credit process contained unlawful acts. Currently in trial
merupakan Perbuatan Melawan Hukum. Saat ini dalam proses at the Gresik District Court.
persidangan di Pengadilan Negeri Gresik.
9. Perkara Perdata Nomor 29/Pdt.G/2024/PN.Dpu tanggal 9 9. Civil Case Number 29/Pdt.G/2024/PN.Dpu dated September
September 2024 pada Pengadilan Negeri Dompu terkait 9,2024 at the Dompu District Court, concerning a lawsuit related
gugatan permasalahan Sertifikat Hak Milik Nomor 436 atas to Certificate of Ownership Number 436 in the name of A. Bakar
nama A. Bakar Mas’ud yang telah dibebani Hak Tanggungan Mas’ud, which has been encumbered with a Mortgage for
untuk pembiayaan atas nama UD Wahidin - Diwas karena financing under the name of UD Wahidin - Diwas, as collateral
merupakan agunan pada PT Bank NTB Syariah KC Dompu. at PT Bank NTB Syariah Dompu Branch. The lawsuit demands
Gugatan kepada NTBS untuk memenuhi ganti rugi Materil dan the NTBS to compensate for material and immaterial damages
Immaterial sebesar Rp3.052. Saat ini perkara masih dalam amounting to Rp3,052. Currently, the case is still in process at
proses di Pengadilan Negeri Dompu. the Dompu District Court.
10. Perkara perdata lainnya dengan nilai gugatan masing-masing 10. Other civil cases with a value of each lawsuit demands under
dibawah Rp3.000 sejumlah Rp6.568. Rp3,000 amount to Rp6,568
Manajemen Grup berkeyakinan bahwa penyelesaian kasus-kasus The Group’s management believes that the above cases doesn’t
tersebut tidak mengganggu kinerja Grup. interfere to the Group performances.
62. BANK KUSTODIAN 62. BANK CUSTODY
Jasa Kustodian Bank mendapatkan ijin operasi oleh OJK The Bank Custodian Services has obtained an operating license
berdasarkan surat OJK No.S-4/PM.2/2019 tanggal 29 Januari based on the letter of OJK No.S-4/PM.2/2019 date Januari 29,
2019. Bank Kustodian merupakan bagian dari Divisi Dana Jasa, 2019. Bank’s Custodian, which is part of the Service and Fund
Sub Divisi Priority Banking & Kustodian, adapun jasa-jasa yang Divisions, Priority Banking & Custodian Sub-Divisions, provides a
diberikan diantaranya: full range of custodian services such as:
1. Penyimpanan (safekeeping) dan administrasi atas Efek-efek 1. Safekeeping and administration of marketable securities and
maupun dokumen berharga lainnya; other valuable assets;
2. Penyelesaian transaksi jual dan beli Efek berbentuk warkat 2. Settlement and handling services for script and scriptless
(script) maupun tanpa warkat (scriptless); trading transactions;
3. Pengurusan hak-hak nasabah atas kepemilikan efek-efek yang 3. Corporate action services related to the rights of the marketable
disimpan sehingga hak tersebut efektif di rekening nasabah securities;
(corporate action);
4. Perwakilan (proxy) pada Rapat Umum Pemegang Saham dan 4. Proxy services for its customers’ shareholder meetings and
Rapat Umum Pemegang Obligasi; bond holder meetings;
5. Sub-Registry untuk melayani investor yang melakukan transaksi 5. Sub-Registry service provider for securities settlement and
dan investasi Efek; dan investment; and
6. Penyampaian laporan (reporting) dan informasi (information) 6. Generate reports and information regarding customers’
yang terkait dengan Efek-efek dan/atau dokumen berharga milik marketable securities which are kept and administered by Bank.
nasabah yang disimpan dan diadministrasikan oleh Bank.
152
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The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
62. BANK KUSTODIAN (lanjutan) 62. BANK CUSTODY (continued)
Pada tanggal – tanggal 31 Desember 2024 dan 2023, Kustodian As of December 31, 2024 and 2023, Bank Jatim’s custodians
Bank Jatim memiliki 4 nasabah dan 3 nasabah. Nasabah utama operations has 4 customers and 3 customers. The customer are
terdiri dari Divisi Treasuri dan Dana Pensiun. Nilai portofolio yang primarily Treasury Division and Pension Funds. Total portfolio value
disimpan pada tanggal 31 Desember 2024 dan 2023 adalah as of December 31, 2024 and 2023 amounted to Rp2,306,873 and
Rp2.306.873 dan Rp2.225.265. Rp2,225,265.
63. INFORMASI TAMBAHAN YANG TIDAK DIPERSYARATKAN 63. ADDITIONAL INFORMATION NOT REQUIRED BY THE
OLEH STANDAR AKUNTANSI KEUANGAN FINANCIAL ACCOUNTING STANDARDS (continued)
a. Giro Wajib Minimum ("GWM") dan Rasio Penyangga a. Reserve Requirements ("RR") and Macroprudential
Likuiditas Makroprudensial ("PLM") Liquidity Buffer ("MPLB")
Saldo giro pada Bank Indonesia disediakan untuk memenuhi The demand deposit balance at Bank Indonesia is provided to
persyaratan Giro Wajib Minimum (“GWM”) dari Bank meet the Minimum Reserve Requirement ("GWM") set by Bank
Indonesia. Pada tanggal 31 Desember 2024 dan 2023, Rasio Indonesia. As of December 31, 2024, and 2023, the Required
GWM Rupiah dan Valuta asing serta Rasio Penyangga Reserve Ratio for Rupiah and foreign currencies, as well as the
Likuiditas Makroprudensial (“PLM”) yang harus dipenuhi Bank Macroprudential Liquidity Buffer Ratio ("PLM") that the Bank
adalah sebagai berikut: must comply with, are as follows:
Rasio (GWM) Bank adalah sebagai berikut: The statutory reserve of the Bank was as follows:
2024 2023
Konvensional Conventional
Rupiah Rupiah
GWM Primer Primary Statutory Reserve
Harian 1,66% 2,49% Daily
Rata-rata 5,15% 6,36% Average
Penyangga Likuiditas Makroprudensial (PLM) 22,46% 30,50% Macroprudential Liquidity Buffer
Mata uang asing 9,03% 6,62% Foreign currencies
Syariah Sharia
Rupiah 5,60% 5,81% Rupiah
NTBS 5,08% 4,75% NTBS
Rasio GWM pada tanggal 31 Desember 2024 dan 2023 The statutory reserves ratio as of December 31, 2024 and 2023
dihitung berdasarkan Peraturan Bank Indonesia (PBI) is calculated based on Bank Indonesia Regulation (PBI)
No.20/3/PBI/2018 sebagaimana diubah terakhir dengan PBI No.20/3/PBI/2018 which have been amanded with PBI
No.24/4/PBI/2022 tanggal 25 Februari 2022 dengan Peraturan No.24/4/PBI/2022 dated February 25, 2022 with PADG No.12
Anggota Dewan Gubernur (PADG) terakhir yaitu PADG No.12 year 2023 dated September 27, 2023 regarding Statutory
tahun 2023 tanggal 27 September 2023 tentang tentang Giro Reserves in Rupiah and Foreign Currency, for Conventional
Wajib Minimum dalam Rupiah dan Valuta Asing, Bagi Bank Commercial Banks, Islamic Commercial Banks and Sharia
Umum Konvensional, Bank Umum Syariah dan Unit Usaha Business Units.
Syariah.
Berdasarkan surat dari Bank Indonesia No.26/201/DKMP/Srt/B Based on a letter from Bank Indonesia No.26/201/DKPM/Srt/B
tanggal 2 Desember 2024 dan merujuk pada Peraturan Bank dated December 2, 2024 and referring to Bank Indonesia
Indonesia No.11 Tahun 2023 dan PADG No.4 Tahun 2024, Regulation No.11 Year 2023 and PADG No.4 Year 2024, from
untuk periode tanggal 1 Desember 2024 sampai dengan 31 December 1, 2024 to December 31, 2024 Bank has obtained
Desember 2024, Bank telah memperoleh insentif atas incentives for providing funds for activities a certain and
penyediaan dana untuk kegiatan ekonomi tertentu dan inklusif inclusive economy that reduction in the fulfillment of the
berupa pemotongan pemenuhan GWM masing-masing statutory reserve requirement by 4.0% for conventional and
sebesar 4,0% untuk konvensional dan 4,0% untuk syariah. 4.0% for sharia respectively.
Berdasarkan surat dari Bank Indonesia No.25/321/DKMP/Srt/B Based on a letter from Bank Indonesia No.25/321/DKMP/Srt/B
tanggal 5 Desember 2023 dan merujuk pada Peraturan Bank dated December 5,2023 and referring to Bank Indonesia
Indonesia No.11 Tahun 2023 dan PADG No.11 Tahun 2023, Regulation Number 11 Year 2023 and PADG No.11 Year 2023,
untuk periode tanggal 1 Desember 2023 sampai dengan 29 from December 1, 2023 to February 29, 2024, the Group has
Februari 2024, Grup telah memperoleh insentif atas obtained incentives for providing funds for activities a certain
penyediaan dana untuk kegiatan ekonomi tertentu dan inklusif and inclusive economy that reduction in the fulfillment of the
berupa pemotongan pemenuhan GWM masing-masing statutory reserve requirement by 2.8% for conventional and
sebesar 2,8% untuk konvensional dan 2,0% untuk syariah. 2.0% for sharia respectively.
153
Page 739
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
63. INFORMASI TAMBAHAN YANG TIDAK DIPERSYARATKAN 63. ADDITIONAL INFORMATION NOT REQUIRED BY THE
OLEH STANDAR AKUNTANSI KEUANGAN (lanjutan) FINANCIAL ACCOUNTING STANDARDS (continued)
a. Giro Wajib Minimum ("GWM") dan Rasio Penyangga a. Reserve Requirements ("RR") and Macroprudential
Likuiditas Makroprudensial ("PLM") (lanjutan) Liquidity Buffer ("MPLB") (continued)
Rasio PLM pada tanggal 31 Desember 2024 dan 2023 dihitung The PLM ratio as of December 31, 2024 and 2023 is calculated
berdasarkan Peraturan Bank Indonesia (PBI) based on Bank Indonesia Regulation (PBI) No.20/4/PBI/2018
No.20/4/PBI/2018 sebagaimana diubah terakhir dengan PBI which have been amended with PBI No.24/16/PBI/2022 dated
No.24/16/PBI/2022 tanggal 31 Oktober 2022 dan Peraturan October 31, 2022 and PADG No.18 year 2023 dated November
Anggota Dewan Gubernur (PADG) terakhir yaitu PADG No.18 29, 2023 regarding Macroprudential Intermediation Ratio and
tahun 2023 tanggal 29 November 2023 tentang Rasio Macroprudential Liquidity Buffer for Conventional Commercial
Intermediasi Makroprudensial dan Penyangga Likuiditas Banks, Islamic Commercial Banks and Sharia Business Units.
Makroprudensial bagi Bank Umum Konvensional, Bank Umum
Syariah, dan Unit Usaha Syariah.
Pada tanggal 31 Desember 2024 dan 2023, sesuai dengan As of December 31, 2024 and 2023, based on the above Bank
ketentuan Bank Indonesia tersebut di atas, Grup harus Indonesia regulations, the Group is required to maintain primary
memenuhi persyaratan GWM dalam Rupiah sebesar 9%, statutory reserve in Rupiah amounting to 9%, while statutory
sedangkan untuk mata uang asing sebesar 4%. Untuk reserve for foreign currency amounting to 4%. Macroprudential
Penyangga Likuiditas Makroprudensial (PLM) sebesar 5% Liquidity Buffer (PLM) amounting to 5% in Rupiah as of
dalam Rupiah pada tanggal 31 Desember 2024 dan 2023. December 31, 2024 and 2023.
Pada tanggal 31 Desember 2024 dan 2023, sesuai dengan As of December 31, 2024 and 2023, based on the Bank
ketentuan Bank Indonesia tersebut berdasarkan prinsip Indonesia regulations, for sharia principle, the Bank is required
syariah, Bank harus memenuhi persyaratan GWM dalam to maintain statutory reserve in Rupiah amounting 7.5%.
Rupiah sebesar 7,5%.
Grup telah memenuhi ketentuan Bank Indonesia tentang Giro The Group has complied with Bank Indonesia regulations
Wajib Minimum pada tanggal 31 Desember 2024 dan 2023. concerning the minimum reserve requirments as of December
31, 2024 and 2023.
Sisa umur jatuh tempo atas giro pada Bank Indonesia The remaining period of current amount with Bank Indonesia is
dikategorikan sebagai kurang dari 1 (satu) bulan (Catatan 50). catagorized as less than 1 (one) month (Note 50).
Pengungkapan lebih lanjut pada giro pada Bank Indonesia The further disclosures on current accounts with Bank
diungkapkan pada Catatan 4. Indonesia are presented in Note 4.
b. Giro pada bank lain b. Current accounts with other banks
Giro pada bank lain pada tanggal 31 Desember 2024 dan Current accounts with other banks as of December 31, 2024
2023, digolongkan sebagai lancar. Tidak terdapat saldo giro and 2023 were classified as current. None were blocked or
pada bank lain yang diblokir atau digunakan sebagai agunan. under liens as collateral.
Pengungkapan lebih lanjut pada giro pada bank lain The further disclosures on current accounts with other banks
diungkapkan pada Catatan 5. are presented in Note 5.
c. Penempatan pada Bank Indonesia dan bank lain c. Placements with Bank Indonesia and other banks
Semua penempatan pada Bank Indonesia dan bank lain pada All placements with Bank Indonesia and other banks as of
tanggal 31 Desember 2024 dan 2023 digolongkan lancar. December 31, 2024 and 2023 were classified as current.
Pengungkapan lebih lanjut pada penempatan pada Bank The further disclosures on placements with Bank Indonesia
Indonesia dan bank lain diungkapkan pada Catatan 6. and other banks are presented in Note 6.
d. Surat-surat berharga d. Marketable securities
Pada tanggal 31 Desember 2024 dan 2023, kolektibilitas surat- As of December 31, 2024 and 2023, the collectibility of
surat berharga adalah dalam kategori lancar. securities are classified as current.
Pengungkapan lebih lanjut pada surat-surat berharga The further disclosures on marketable securities are presented
diungkapkan pada Catatan 8. in Note 8.
e. Penyertaan saham e. Investment in shares
Pada tanggal 31 Desember 2024 dan 2023, kolektibilitas As of December 31, 2024 and 2023, the collectibility of
penyertaan saham adalah dalam kategori lancar. investment in shares are classified as current.
Pengungkapan lebih lanjut pada penyertaan saham The further disclosures investment in shares are presented in
diungkapkan pada Catatan 15. Note 15.
154
Page 740
The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
63. INFORMASI TAMBAHAN YANG TIDAK DIPERSYARATKAN 63. ADDITIONAL INFORMATION NOT REQUIRED BY THE
OLEH STANDAR AKUNTANSI KEUANGAN (lanjutan) FINANCIAL ACCOUNTING STANDARDS (continued)
f. Kredit yang diberikan dan piutang/pembiayaan syariah f. Loans and sharia receivables/financing
Berdasarkan kolektibilitas sesuai Peraturan OJK By Financial Service Authority Rule collectibility
Berdasarkan jenis, mata uang dan kolektibilitas By type , currency and collectibility
2024
Dalam
perhatian
khusus/ Kurang
Lancar/ Special lancar/ Diragukan/ Macet/ Jumlah/
Current mention Substandard Doubtful Loss Total
Rupiah/Rupiah :
Pihak berelasi/Related parties :
Modal kerja/Working capital 7.820 - - - - 7.820
Konsumsi/Consumer 104.391 - - - 233 104.624
112.211 - - - 233 112.444
Pihak ketiga/Third parties :
Modal kerja/Working capital 17.568.445 1.112.444 99.547 124.032 1.192.979 20.097.447
Investasi/Investment 394.793 1.397 31 - 14.577 410.798
Konsumsi/Consumer 43.218.336 540.376 50.337 63.400 543.213 44.415.662
61.181.574 1.654.217 149.915 187.432 1.750.769 64.923.907
Jumlah Rupiah/ Total Rupiah : 61.293.785 1.654.217 149.915 187.432 1.751.002 65.036.351
Valuta asing/Foreign currencies :
Pihak ketiga/Third parties :
Modal kerja/Working capital 8.895.748 1.181.731 27.952 23.363 187.595 10.316.389
8.895.748 1.181.731 27.952 23.363 187.595 10.316.389
Jumlah valuta asing/Total foreign currencies : 8.895.748 1.181.731 27.952 23.363 187.595 10.316.389
Jumlah/Total 70.189.533 2.835.948 177.867 210.795 1.938.597 75.352.740
Penyisihan kerugian penurunan nilai/
Allowance for impairment losses (431.246) (356.037) (62.386) (72.734) (1.190.821) (2.113.224)
Jumlah - bersih/Total - net 69.758.287 2.479.911 115.481 138.061 747.776 73.239.516
2023
Dalam
perhatian
khusus/ Kurang
Lancar/ Special lancar/ Diragukan/ Macet/ Jumlah/
Current mention Substandard Doubtful Loss Total
Rupiah/Rupiah :
Pihak berelasi/Related parties :
Konsumsi/Consumer 107.395 - - - 288 107.683
` 107.395 - - - 288 107.683
Pihak ketiga/Third parties :
Modal kerja/Working capital 13.818.154 924.261 59.999 88.048 531.650 15.422.112
Investasi/Investment 6.786.068 1.060.393 6.918 13.921 134.979 8.002.279
Konsumsi/Consumer 30.193.793 378.777 30.496 36.134 461.390 31.100.590
50.798.015 2.363.431 97.413 138.103 1.128.019 54.524.981
Jumlah Rupiah/Total Rupiah : 50.905.410 2.363.431 97.413 138.103 1.128.307 54.632.664
Valuta asing/Foreign currencies :
Pihak ketiga/Third parties :
Modal kerja/Working capital 128.239 - - - - 128.239
128.239 - - - - 128.239
Jumlah valuta asing/Total foreign currencies : 128.239 - - - - 128.239
51.033.649 2.363.431 97.413 138.103 1.128.307 54.760.903
Penyisihan kerugian penurunan nilai/
Allowance for impairment losses (427.551) (236.983) (27.840) (49.043) (623.488) (1.364.905)
Jumlah - bersih/Total - net 50.606.098 2.126.448 69.573 89.060 504.819 53.395.998
155
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The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
63. INFORMASI TAMBAHAN YANG TIDAK DIPERSYARATKAN 63. ADDITIONAL INFORMATION NOT REQUIRED BY THE
OLEH STANDAR AKUNTANSI KEUANGAN (lanjutan) FINANCIAL ACCOUNTING STANDARDS (continued)
f. Kredit yang diberikan dan piutang/pembiayaan syariah f. Loans and sharia receivables/financing (continued)
(lanjutan)
Batas Maksimum Pemberian Kredit (BMPK) Legal Lending Limits (BMPK)
Pada tanggal 31 Desember 2024 dan 2023, Grup telah As of December 31, 2024 and 2023, the Group was in
memenuhi ketentuan BMPK compliance with Bank Indonesia’s legal lending limits
Rasio Kredit Usaha Kecil Terhadap Jumlah Kredit Ratio of Small Enterprises Loans to Loans Receivable
Rasio kredit usaha mikro, kecil dan menengah (UMKM) Ratio of micro, small and medium scale enterprises (UMKM)
terhadap jumlah kredit yang diberikan pada tanggal-tanggal 31 credit to total loans as at December 31, 2024 and 2023 were
Desember 2024 dan 2023, masing-masing adalah sebesar 26.14% and 26.81% respectively.
26,14% dan 26,81%.
Ikhtisar Kredit Bermasalah Non-performing loans
2024 2023
Jumlah NPL 2.327.259 1.363.823 Total NPL
Rasio NPL bruto 2,26% 2,49% Ratio of gross NPL
Rasio NPL neto 0,87% 1,21% Ratio of net NPL
Pengungkapan lebih lanjut pada kredit yang diberikan dan The further disclosures loans and sharia receivebles/financing
piutang/pembiayaan syariah diungkapkan pada Catatan 12. are presented in Note 12.
g. Posisi Devisa Neto g. Net Open Position
Perhitungan Posisi Devisa Neto (PDN) didasarkan pada The Net Open Position (NOP) was calculated based on Bank
Peraturan Bank Indonesia No.5/13/PBI/2003 tanggal 17 Juli Indonesia Regulation No.5/13/PBI/2003 dated July 17, 2003
2003 sebagaimana telah diubah terakhir dengan Peraturan which was last amended by Bank Indonesia Regulation
Bank Indonesia No.12/10/PBI/2010 tanggal 1 Juli 2010. No.12/10/PBI/2010 dated July 1, 2010. Based on this
Berdasarkan peraturan tersebut, Grup diwajibkan untuk regulation, the Group is required to maintain overall and
menjaga rasio PDN laporan posisi keuangan konsolidasian consolidated statement of financial position Net Open Position
dan secara keseluruhan maksimum 20% dari jumlah modal. at a maximum of 20% of the total capital. The ratio is the sum of
PDN adalah penjumlahan nilai absolut yang dinyatakan dalam the absolute values, which are stated in rupiah, of the net
rupiah dari selisih bersih antara aset dan liabilitas dalam mata difference between the assets and liabilities denominated in
uang asing dan selisih bersih tagihan dan liabilitas komitmen each foreign currency and the net difference and payables of
dan kontinjensi yang dicatat dalam rekening administratif yang both commitments and contingencies recorded in the
didenominasi dalam setiap mata uang. administrative accounts denominated in each currency.
156
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The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
63. INFORMASI TAMBAHAN YANG TIDAK DIPERSYARATKAN 63. ADDITIONAL INFORMATION NOT REQUIRED BY THE
OLEH STANDAR AKUNTANSI KEUANGAN (lanjutan) FINANCIAL ACCOUNTING STANDARDS (continued)
g. Posisi Devisa Neto (lanjutan) g. Net Open Position (continued)
PDN Grup pada tanggal-tanggal 31 Desember 2024 dan 2023 The Group’s NOP as of December 31, 2024 and 2023 are as
adalah sebagai berikut: follows:
2024
Nilai absolut
neto/
Aset/ Liabilitas/ Nilai neto/ Net absolute
Mata uang Assets Liabilities Net value value Currencies
POSISI KEUANGAN FINANCIAL POSITION
Dolar Amerika Serikat 631.839 444.022 187.817 187.817 United States Dollar
Riyal Saudi Arabia 14.699 - 14.699 14.699 Saudi Arabian Riyal
Dolar Singapura 18.586 20.460 (1.874) 1.874 Singapore Dollar
Euro 7.272 1.190 6.082 6.082 Euro
Ringgit Malaysia 2.909 - 2.909 2.909 Malaysian Ringgit
Poundsterling Inggris Raya 2.622 - 2.622 2.622 Great Britain Poundsterling
Dolar Australia 6.580 240 6.340 6.340 Australian Dollar
Yuan China Renminbi 4.561 - 4.561 4.561 Chinese Yuan Renminbi
Yen Jepang 1.418 217 1.201 1.201 Japanese Yen
Dolar Hong Kong 906 21 885 885 Hong Kong Dollar
691.392 466.150 225.242 228.990
REKENING ADMINISTRATIF ADMINISTRATIVE ACCOUNTS
Dolar Amerika Serikat - 220.035 (220.035) 220.035 United States Dollar
Jumlah 691.392 686.185 5.207 73.390 Total
Total modal (Catatan 56) 11.433.492 Total capital (Note 56)
Rasio Posisi Devisa Neto Net Open Position as a percentage
(Posisi keuangan) 2,00% of capital (Financial position)
Net Open Position as a percentage
Rasio Posisi Devisa Neto 0,64% of capital
2023
Nilai absolut
neto/
Aset/ Liabilitas/ Nilai neto/ Net absolute
Mata uang Assets Liabilities Net value value Currencies
POSISI KEUANGAN FINANCIAL POSITION
Dolar Amerika Serikat 434.208 394.155 40.053 40.053 United States Dollar
Riyal Saudi Arabia 15.436 - 15.436 15.436 Saudi Arabian Riyal
Dolar Singapura 71.918 68.077 3.841 3.841 Singapore Dollar
Euro 6.365 763 5.602 5.602 Euro
Ringgit Malaysia 1.984 - 1.984 1.984 Malaysian Ringgit
Poundsterling Inggris Raya 2.553 - 2.553 2.553 Great Britain Poundsterling
Dolar Australia 6.676 1 6.675 6.675 Australian Dollar
Yuan China Renminbi 4.673 1.310 3.363 3.363 Chinese Yuan Renminbi
Yen Jepang 1.072 33 1.039 1.039 Japanese Yen
Dolar Hong Kong 762 - 762 762 Hong Kong Dollar
545.647 464.339 81.308 81.308
REKENING ADMINISTRATIF ADMINISTRATIVE ACCOUNTS
Dolar Amerika Serikat - 47.915 (47.915) 47.915 United States Dollar
Jumlah 545.647 512.254 33.393 49.117 Total
Total modal (Catatan 54) 11.541.194 Total capital (Note 54)
Rasio Posisi Devisa Neto Net Open Position as a percentage
(Posisi keuangan) 0,70% of capital (Financial position)
Net Open Position as a percentage
Rasio Posisi Devisa Neto 0,43% of capital
157
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The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
63. INFORMASI TAMBAHAN YANG TIDAK DIPERSYARATKAN 63. ADDITIONAL INFORMATION NOT REQUIRED BY THE
OLEH STANDAR AKUNTANSI KEUANGAN (lanjutan) FINANCIAL ACCOUNTING STANDARDS (continued)
h. Rasio Kewajiban Penyediaan Modal Minimum ("KPMM") h. Capital Adequacy Ratio
2024 2023
Bank Konsolidasian Bank Konsolidasian
Modal inti (Tier 1) Core capital (Tier 1)
Modal inti utama (CET 1) 11.132.593 12.991.006 11.025.184 - Common equity tier (CET 1)
Modal inti tambahan (AT 1) - - - - Additional equity tier (AT 1)
11.132.593 12.991.006 11.025.184 -
Modal pelengkap (Tier 2) 574.469 661.475 516.010 - Supplementary capital (Tier 2)
Jumlah modal 11.707.062 13.652.481 11.541.194 - Total capital
Aset Tertimbang Menurut Risiko Risk Weighted Asset
Risiko kredit 45.383.026 52.256.577 40.764.771 - Credit risk
Risiko operasional 4.398.974 4.597.938 4.083.746 - Operational risk
Risiko pasar 54.460 54.460 49.106 - Market risk
Jumlah Aset Tertimbang Total Risk
Menurut Risiko 49.836.460 56.908.975 44.897.623 - Weighted Asset
Rasio kecukupan modal Capital Adequacy Ratio
Rasio CET 1 22,34% 22,83% 24,56% - CET 1 ratio
Rasio tier 1 22,34% 22,83% 24,56% - Tier 1 ratio
Rasio tier 2 1,15% 1,16% 1,15% - Tier 2 ratio
Rasio modal terhadap ATMR 23,49% 23,99% 25,71% - Ratio of capital to ATMR
Rasio kewajiban penyediaan Capital adequacy ratio
modal minimum untuk risiko with credit and
kredit dan risiko operasional 23,52% 24,01% 25,73% - operational risk
Rasio kewajiban penyediaan Capital adequcy ratio
modal minimum untuk with credit. market
risiko kredit, risiko pasar and operational risk
dan risiko operasional 23,49% 23,99% 25,71% - and operational risk
Rasio kewajiban penyediaan Minimum capital adequacy
modal minimum yang diwajibkan 9% - <10% 9% - <10% 9% - <10% - ratio required
OJK berwenang menetapkan modal minimum lebih besar dari OJK is authorised to stipulate minimum capital greater than
modal minimum dalam hal OJK menilai suatu bank menghadapi minimum capital in terms of OJK assesses a bank as facing
potensi kerugian yang membutuhkan modal lebih besar. potential losses which requires a larger capital.
Berdasarkan self-assessment Grup pada tanggal 31 Desember Based on its self-assessment, as of December 31, 2024 the
2024 profil risiko Grup dinilai berada pada peringkat Low to Group risk profile is assessed to be in rating Low to Moderat
Moderat (PK-2). Oleh karena itu, Grup berkewajiban untuk (PK-2). Therefore, the Group is required to provide a minimum
memenuhi modal minimum sebesar 9% sampai dengan kurang capital of 9% to less than 10%. The Group Capital Adequate
dari 10%. Kewajiban Penyediaan Modal Minimum Grup berada Ratio was 23.99%, which was higher than the required
pada level di atas modal minimum yang diwajibkan tersebut, minimum provision of capital.
yaitu sebesar 23,99%.
158
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The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
64. REKLASIFIKASI AKUN 64. RECLASSIFICATION OF ACCOUNTS
Beberapa akun dalam laporan keuangan yang berakhir pada tahun Certain accounts in the financial statements for the year ended
31 Desember 2023 dan 2022 telah direklasifikasi agar sesuai December 31, 2023 and 2022 have been reclassified to the
dengan penyajian laporan keuangan konsolidasian per 31 preparation of consolidated financial statements as December 31,
Desember 2024 untuk tujuan perbandingan. 2024 for comparative purposes.
Sebelum Sesudah
Reklasifikasi/ Reklasifikasi/
Before Reklasifikasi/ After
Reclassification Reclassification Reclassification
31 Desember 2023 December 31, 2023
Laporan Posisi Keuangan Konsolidasian Consolidated Statement of Financial Position
Tagihan lainnya 223.138 (6.745) 216.393 Other receivables
Aset tetap Fixed assets
Harga perolehan 2.230.878 (120.391) 2.110.487 Acquisition cost
Akumulasi penyusutan (953.165) 96.947 (856.218) Accumulated depreciation
1.277.713 (23.444) 1.254.269
Aset takberwujud Intangible assets
Harga perolehan - 120.391 120.391 Acquisition cost
Akumulasi amortisasi - (96.947) (96.947) Accumulated amortization
- 23.444 23.444
Aset lain-lain 373.402 6.745 380.147 Other assets
Laporan Laba Rugi dan Penghasilan Consolidated Statements of Profit or Loss
Komprehensif Lain Konsolidasian and Other Comprehensive Income
Tenaga kerja dan tunjangan karyawan 1.762.643 (138.111) 1.624.532 Salaries and employee benefits
Umum dan administrasi 1.182.987 132.028 1.315.015 General and administrative
Beban lainnya 194.713 6.083 200.796 Other expenses
1 Januari 2023 January 1, 2023
Laporan Posisi Keuangan Konsolidasian Consolidated Statement of Financial Position
Tagihan lainnya 286.147 55.032 341.179 Other receivables
Aset tetap Fixed assets
Harga perolehan 2.109.260 (103.137) 2.006.123 Acquisition cost
Akumulasi penyusutan (825.010) 78.545 (746.465) Accumulated amortization
1.284.250 (24.592) 1.259.658
Aset takberwujud Intangible assets
Harga perolehan - 103.137 103.137 Acquisition cost
Akumulasi amortisasi - (78.545) (78.545) Accumulated amortization
- 24.592 24.592
Aset lain-lain 140.998 (55.032) 85.966 Other assets
65. STANDAR AKUNTANSI BARU 65. NEW ACCOUNTING STANDARDS
Berikut ini ikhtisar Pernyataan Standar Akuntansi Keuangan The following summarizes the Statement of Financial Accounting
(PSAK) yang diterbitkan oleh Dewan Standar Akuntansi Keuangan Standards (PSAK) which were issued by the Financial Accounting
yang relevan untuk Grup, namun belum berlaku efektif untuk Standards Board and are relevant to the Group, but is not yet
laporan keuangan konsolidasian yang berakhir pada tanggal 31 effective for consolidated financial statements ended December 31,
December 2024: 2024:
Berlaku efektif pada atau setelah tanggal 1 Januari 2025: Effective on or after January 1, 2025:
1. PSAK 117, “Kontrak Asuransi”, yang diadopsi dari IFRS 17, 1. PSAK 117, “Insurance Contracts”, adopted from IFRS 17, early
penerapan dini diperkenankan untuk entitas yang juga telah application is permitted for entities that have also applied PSAK
menerapkan PSAK 109 dan PSAK 115. 109 and PSAK 115.
2. Amandemen PSAK 221, "Pengaruh Perubahan Kurs Valuta 2. Amendment to PSAK 221, “The Effect of Changes in Foreign
Asing tentang Kekurangan Ketertukaran". Penerapan lebih dini Exchange Rates on the Lack of Convertibility”. Early application
diperkenankan. is permitted.
Saat ini Grup sedang mengevaluasi dan belum menetapkan The Group is currently evaluating the above standards and has not
dampak dari penerapan standar tersebut serta pengaruhnya pada yet determined the impact of these standard on the consolidated
laporan keuangan konsolidasian. financial statement.
159
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The original financial statements included herein are in the Indonesian language
PT BANK PEMBANGUNAN DAERAH PT BANK PEMBANGUNAN DAERAH
JAWA TIMUR Tbk DAN ENTITAS ANAK JAWA TIMUR Tbk AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 Desember 2024 dan 2023 December 31, 2024 and 2023
dan untuk tahun yang berakhir pada tanggal-tanggal tersebut and for the years then ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
66. PENYELESAIAN LAPORAN KEUANGAN 66. COMPLETION OF THE FINANCIAL STATEMENTS
Laporan keuangan konsolidasian telah diselesaikan dan disetujui The consolidated financial statements were completed and
untuk diterbitkan oleh Direksi Bank pada tanggal 20 Maret 2025. authorized for issuance by the Bank’s Directors on March 20, 2025.
67. INFORMASI TAMBAHAN 67. SUPPLEMENTARY INFORMATION
Informasi keuangan tambahan Supplementary financial information
Informasi yang disajikan pada lampiran 1 - 4 merupakan informasi The additional information presented in appendix 1 - 4 is a
keuangan tambahan PT Bank Pembangunan Daerah Jawa Timur supplementary financial information of PT Bank Pembangunan
Tbk, Entitas Induk, yang menyajikan penyertaan Bank pada Entitas Daerah Jawa Timur Tbk, the Parent Entity, which presents the
Anak berdasarkan metode biaya. Bank’s investment in its Subsidiary using cost method.
160
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Lampiran 1 Appendix 1
INFORMASI KEUANGAN TAMBAHAN ENTITAS INDUK/
SUPPLEMENTARY FINANCIAL INFORMATION OF PARENT ENTTITY
PT BANK PEMBANGUNAN DAERAH JAWA TIMUR Tbk PT BANK PEMBANGUNAN DAERAH JAWA TIMUR Tbk
LAPORAN POSISI KEUANGAN - ENTITAS INDUK STATEMENTS OF FINANCIAL POSITION - PARENT ENTITY
31 Desember 2024 dan 2023 December 31, 2024 and 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
31 Desember/ 31 Desember/ 1 Januari/
December 31, December 31, January 1,
2024 2023 2 0 2 3 *)
ASET ASSETS
Kas 2.363.023 2.652.775 1.988.262 Cash
Giro pada Bank Indonesia 4.907.639 7.971.412 10.786.740 Current accounts with Bank Indonesia
Giro pada bank lain 504.712 491.330 303.129 Current account with other banks
Cadangan kerugian penurunan nilai (276) (1.077) (441) Allowance for impairment losses
504.436 490.253 302.688
Penempatan pada Bank Indonesia Placements with Bank Indonesia
dan bank lain 1.333.470 5.234.721 6.916.329 and other Banks
Cadangan kerugian penurunan nilai (1.278) (5.026) (3.154) Allowance for impairment losses
1.332.192 5.229.695 6.913.175
Tagihan spot dan derivatif 1.144 - 361 Receivables of spot and derivative
Surat berharga 17.787.861 16.323.831 23.217.671 Marketable securities
Cadangan kerugian penurunan nilai (342) (511) (400) Allowance for impairment losses
17.787.519 16.323.320 23.217.271
Surat berharga yang dijual dengan Marketable securities sold under
janji dibeli kembali 9.149.544 8.303.663 4.095.066 repurchased agreement
Tagihan dari surat berharga yang dibeli Receivable from marketable securities
dengan janji dijual kembali 617.860 6.247.318 7.822.847 purchased under resale agreement
Tagihan lainnya 243.005 275.049 384.591 Other receivables
Cadangan kerugian penurunan nilai - (58.656) (43.412) Allowance for impairment losses
243.005 216.393 341.179
Kredit yang diberikan dan Loans and sharia receivables/financing
- Pihak berelasi 104.624 107.683 134.871 Related parties -
- Pihak ketiga 63.952.009 54.653.220 46.061.786 Third parties -
Jumlah 64.056.633 54.760.903 46.196.657 Total
Cadangan kerugian penurunan nilai (1.988.445) (1.364.905) (1.318.612) Allowance for impairment losses
62.068.188 53.395.998 44.878.045
Pendapatan bunga yang
masih akan diterima 747.031 685.734 646.125 Accrued interest income
Biaya dibayar dimuka 186.286 207.452 166.661 Prepaid expenses
Penyertaan 100.000 - - Investments
Aset tetap Fixed assets
Biaya perolehan 2.178.974 2.110.487 2.006.123 Cost
Akumulasi penyusutan (923.771) (856.218) (746.465) Accumulated depreciation
1.255.203 1.254.269 1.259.658
Aset takberwujud 11.159 23.444 24.592 Intangible assets
Aset pajak tangguhan, neto 405.628 472.123 502.238 Deferred tax assets, net
Piutang pajak 67.274 777 493 Tax receivables
Aset lain-lain, neto 326.447 380.147 85.966 Other assets, net
JUMLAH ASET 102.073.578 103.854.773 103.031.367 TOTAL ASSETS
*) *)
Reklasifikasi akun (Catatan 64) Reclassification of accounts (Note 64)
161
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Lampiran 1 Appendix 1
INFORMASI KEUANGAN TAMBAHAN ENTITAS INDUK/
SUPPLEMENTARY FINANCIAL INFORMATION OF PARENT ENTTITY
PT BANK PEMBANGUNAN DAERAH JAWA TIMUR Tbk PT BANK PEMBANGUNAN DAERAH JAWA TIMUR Tbk
LAPORAN POSISI KEUANGAN - ENTITAS INDUK STATEMENTS OF FINANCIAL POSITION - PARENT ENTITY
31 Desember 2024 dan 2023 December 31, 2024 and 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
31 Desember/ 31 Desember/ 1 Januari/
December 31, December 31, January 1,
2024 2023 2 0 2 3 *)
LIABILITAS, DANA SYIRKAH LIABILITIES, TEMPORARY
TEMPORER DAN EKUITAS SYIRKAH FUNDS AND EQUITY
LIABILITAS LIABILITIES
Liabilitas segera 779.547 987.604 872.514 Obligation due immediately
Simpanan dari nasabah Deposits from customers
- Pihak berelasi 12.265.304 12.644.538 15.295.405 Related parties -
- Pihak ketiga 62.563.990 63.205.317 64.630.285 Third parties -
74.829.294 75.849.855 79.925.690
Simpanan dari bank lain Deposits from other banks
- Pihak berelasi 44.323 56.694 141.996 Related parties -
- Pihak ketiga 689.529 2.503.627 3.168.842 Third parties -
733.852 2.560.321 3.310.838
Liabilitas surat berharga yang dijual Liabilities of marketable securities sold
dengan janji dibeli kembali 8.780.366 7.915.163 3.891.346 under repurchase agreement
Pinjaman yang diterima 572.096 596.977 631.464 Borrowings
Utang pajak 65.485 143.245 90.783 Taxes payable
Beban yang masih harus dibayar 410.948 504.748 520.840 Accrued expenses
Liabilitas lain-lain 693.855 779.314 472.054 Other liabilities
JUMLAH LIABILITAS 86.865.443 89.337.227 89.715.529 TOTAL LIABILITIES
DANA SYIRKAH TEMPORER TEMPORARY SYIRKAH FUNDS
Simpanan dari nasabah Deposits from customers
- Pihak berelasi 5.284 3.764 2.302 Related parties -
- Pihak ketiga 2.660.950 2.343.291 1.839.390 Third parties -
2.666.234 2.347.055 1.841.692
Simpanan dari bank lain Deposits from other banks
- Pihak ketiga 29.200 19.422 28.285 Third parties -
29.200 19.422 28.285
TOTAL DANA SYIRKAH TEMPORER 2.695.434 2.366.477 1.869.977 TEMPORARY SYIRKAH FUNDS
TOTAL LIABILITAS DAN TOTAL LIABILITIES AND
89.560.877 91.703.704 91.585.506
DANA SYIRKAH TEMPORER TEMPORARY SYIRKAH FUNDS
*) *)
Reklasifikasi akun (Catatan 64) Reclassification of accounts (Note 64)
162
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Lampiran 1 Appendix 1
INFORMASI KEUANGAN TAMBAHAN ENTITAS INDUK/
SUPPLEMENTARY FINANCIAL INFORMATION OF PARENT ENTTITY
PT BANK PEMBANGUNAN DAERAH JAWA TIMUR Tbk PT BANK PEMBANGUNAN DAERAH JAWA TIMUR Tbk
LAPORAN POSISI KEUANGAN - ENTITAS INDUK STATEMENTS OF FINANCIAL POSITION - PARENT ENTITY
31 Desember 2024 dan 2023 December 31, 2024 and 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2024 2023 2023
EKUITAS EQUITY
Modal saham Share capital
Seri A : nilai nominal Rp250 Series A : Rp250 (full Rupiah
(Rupiah penuh) per saham per value per share
Seri B : nilai nominal Rp250 Series B: Rp250 (full Rupiah
(Rupiah penuh) per saham per value per share
Modal dasar Authorized
Seri A : 24.000.000.000 saham Series A : 24,000,000,000 shares
Seri B : 12.000.000.000 saham Series B : 12,000,000,000 shares
Modal ditempatkan dan disetor penuh Issued and fully paid
Seri A : 11.934.147.982 saham Series A : 11,934,147,982 shares
Seri B : 3.081.350.100 saham 3.753.875 3.753.875 3.753.875 Series B : 3,081,350,100 shares
Tambahan modal disetor 532.734 532.734 532.734 Paid-in capital
Surplus revaluasi aset tetap 789.019 788.049 789.998 Revalution surplus of fixed assets
Pengukuran kembali liabilitas imbalan Remeasurement of defined employee
kerja pasti - setelah pajak tangguhan (135.396) (117.777) (100.912) benefit - net of deferred tax
Kerugian yang belum direalisasi atas Unrealized loss financial assets
aset keungan yang diukur pada nilai measured at fair value through
wajar melalui penghasilan komprehensif lain other comprehensive income
- setelah pajak tangguhan (150.100) (63.958) (115.048) - net of deferred tax
Saldo laba Retained earnings
Cadangan umum 6.441.453 5.788.041 5.042.390 General reserve
Belum ditentukan penggunaannya 1.281.116 1.470.105 1.542.824 Unappropriated
JUMLAH EKUITAS 12.512.701 12.151.069 11.445.861 TOTAL EQUITY
JUMLAH LIABILITAS, DANA SYIRKAH TOTAL LIABILITIES, TEMPORARY
102.073.578 103.854.773 103.031.367
TEMPORER DAN EKUITAS SYIRKAH FUNDS AND EQUITY
- - -
*) *)
Reklasifikasi akun (Catatan 64) Reclassification of accounts (Note 64)
163
Page 749
Lampiran 2 Appendix 2
INFORMASI KEUANGAN TAMBAHAN ENTITAS INDUK/
SUPPLEMENTARY FINANCIAL INFORMATION OF PARENT ENTTITY
PT BANK PEMBANGUNAN DAERAH JAWA TIMUR Tbk PT BANK PEMBANGUNAN DAERAH JAWA TIMUR Tbk
LAPORAN LABA RUGI DAN PENGHASILAN STATEMENTS OF PROFIT OR LOSS AND OTHER
KOMPREHENSIF LAIN - ENTITAS INDUK COMPREHENSIVE INCOME - PARENT ENTITY
Untuk tahun berakhir pada tanggal-tanggal For the years ended
31 Desember 2024 dan 2023 December 31, 2024 and 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2024 2023
PENDAPATAN DAN BEBAN OPERASIONAL OPERATING INCOME AND EXPENSES
Pendapatan bunga 8.122.406 7.357.284 Interest income
Beban bunga (2.548.460) (2.316.184) Interest expense
Pendapatan bunga bersih 5.573.946 5.041.100 Net interest income
Pendapatan operasional lainnya 809.065 648.420 Other operating income
Beban operasional lainnya Other operating expenses
Tenaga kerja (1.698.622) (1.630.615) Personnel
Umum dan administrasi (1.424.888) (1.315.015) General and administrative
Penyisihan atas penurunan nilai Allowance for impairment
aset keuangan (1.269.525) (694.136) losses on financial assets
Beban lainnya (360.799) (194.713) Others
Jumlah beban operasional lainnya (4.753.834) (3.834.479) Total other operating expenses
LABA OPERASIONAL 1.629.177 1.855.041 INCOME FROM OPERATIONS
PENDAPATAN (BEBAN) NON- NON-OPERATING
OPERASIONAL INCOME (EXPENSES)
Pendapatan non-operasional 66.190 57.041 Non-operating income
Beban non-operasional (44.042) (19.339) Non-operating expenses
PENDAPATAN NON-OPERASIONAL - BERSIH 22.148 37.702 NON-OPERATING INCOME - NET
LABA SEBELUM PAJAK PENGHASILAN 1.651.325 1.892.743 INCOME BEFORE INCOME TAX
BEBAN PAJAK PENGHASILAN INCOME TAX EXPENSE
Kini (274.748) (399.474) Current
Tangguhan (95.461) (23.164) Deferred
BEBAN PAJAK PENGHASILAN (370.209) (422.638) INCOME TAX EXPENSE
LABA BERSIH 1.281.116 1.470.105 NET INCOME
PENGHASILAN (BEBAN) KOMPREHENSIF LAIN: OTHER COMPREHENSIVE INCOME (LOSS):
Pos-pos yang akan direklasifikasi Items that will be reclassified
ke laba rugi: subsequently to profit or loss:
Keuntungan (kerugian) yang belum Unrealized gain (loss) on
direalisasi atas aset keuangan yang financial assets measured
diukur pada nilai wajar melalui at fair value through other
penghasilan komprehensif lain (106.348) 63.074 comprehensive income
Pajak penghasilan terkait 20.206 (11.984) Related income taxes
(86.142) 51.090
Pos-pos yang tidak akan Items that will not be reclassified
direklasifikasi ke laba rugi: subsequently to profit or loss:
Surpuls (defisit) revaluasi aset tetap 970 (1.949) Revaluation surplus (deficit) of fixed assets
Pengukuran kembali liabilitas Remeasurement of employee
imbalan kerja (21.466) (21.898) benefit liabilities
Pajak penghasilan terkait 3.847 5.033 Related income taxes
(16.649) (18.814)
Penghasilan komprehensif Other comprehensive
(102.791) 32.276
lain - setelah pajak income - net of tax
JUMLAH LABA TOTAL COMPREHENSIVE
1.178.325 1.502.381
KOMPREHENSIF INCOME
85,32 97,91
LABA PER SAHAM DASAR BASIC EARNINGS PER SHARE
164
Page 750
Lampiran 3 Appendix 3
INFORMASI KEUANGAN TAMBAHAN ENTITAS INDUK/
SUPPLEMENTARY FINANCIAL INFORMATION OF PARENT ENTTITY
PT BANK PEMBANGUNAN DAERAH JAWA TIMUR Tbk PT BANK PEMBANGUNAN DAERAH JAWA TIMUR Tbk
LAPORAN PERUBAHAN EKUITAS - ENTITAS INDUK STATEMENTS OF CHANGES IN EQUITY - PARENT ENTITY
Untuk tahun berakhir pada tanggal-tanggal For the years ended
31 Desember 2024 dan 2023 December 31, 2024 and 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Keuntungan
(kerugian) yang
belum direalisasi
atas efek-efek yang
diukur pada
Nilai wajar melalui
penghasilan Laba (rugi)
komprehensif lain/ pengukuran
Unrealized gain kembali program
(loss) on manfaat pasti -
marketable setelah pajak
securities at Fair tangguhan/
value through Gain (loss) Saldo laba/Retained earnings
Modal ditempatkan Tambahan modal Selisih penilaian other remeasurement of
comprehensive Telah ditentukan Belum ditentukan
dan disetor penuh/ disetor/ kembali aset tetap/ defined benefit
Issued and fully Additional paid-in Revalution surplus income - pension plans -net penggunaannya/ penggunaannya/ Jumlah ekuitas/
paid capital capital of fixed assets net of deferred tax of deferred tax Appropriated Unappropriated Total equity
Saldo 31 Desember 2022 3.753.875 532.734 789.998 (115.048) (100.912) 5.042.390 1.542.824 11.445.861 Balance as of December 31, 2022
Pembentukan cadangan umum - - - - - 745.651 (745.651) - Appropriation for general reserve
Pembagian dividen tunai - - - - - - (797.173) (797.173) Distribution of cash dividends
Jumlah laba komprehensif Total comprehensive income
tahun berjalan - - (1.949) 51.090 (16.865) - 1.470.105 1.520.381 for the year
Saldo 31 Desember 2023 3.753.875 532.734 788.049 (63.958) (117.777) 5.788.041 1.470.105 12.151.069 Balance as of December 31, 2023
Pembentukan cadangan umum - - - - - 653.412 (653.412) - Appropriation for general reserve
Pembagian dividen tunai - - - - - - (816.693) (816.693) Distribution of cash dividends
Jumlah laba komprehensif - Total comprehensive income
tahun berjalan - - 970 (86.142) (17.619) - 1.281.116 1.178.325 for the year
Saldo 31 Desember 2024 3.753.875 532.734 789.019 (150.100) (135.396) 6.441.453 1.281.116 12.512.701 Balance as of December 31, 2024
165
Page 751
Lampiran 4 Appendix 4
INFORMASI KEUANGAN TAMBAHAN ENTITAS INDUK/
SUPPLEMENTARY FINANCIAL INFORMATION OF PARENT ENTTITY
PT BANK PEMBANGUNAN DAERAH JAWA TIMUR Tbk PT BANK PEMBANGUNAN DAERAH JAWA TIMUR Tbk
LAPORAN ARUS KAS - ENTITAS INDUK STATEMENTS OF CASH FLOWS - PARENT ENTITY
Untuk tahun berakhir pada tanggal-tanggal For the years ended
31 Desember 2024 dan 2023 December 31, 2024 and 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2024 2023
ARUS KAS DARI AKTIVITAS OPERASI CASH FLOWS FROM OPERATING ACTIVITIES
Penerimaan bunga, provisi dan komisi 8.060.963 7.324.150 Interest, provision and commissions received
Pembayaran bunga (2.595.451) (2.310.264) Interest paid
Penerimaan pendapatan operasional lainnya 652.779 521.156 Other operating income received
Penerimaan kembali dari kredit hapus buku 156.285 127.264 Collection of loans written-off
Pembayaran beban umum dan administrasi (1.528.169) (1.283.327) General and administrative expenses paid
Pembayaran beban tenaga kerja (1.792.328) (1.763.167) Personnel expenses paid
Penerimaan pendapatan non-operasional 64.765 60.386 Non-operating income received
Pembayaran beban non-operasional (43.970) (19.337) Non-operating expenses paid
Pembayaran pajak penghasilan (306.667) (368.455) Income tax paid
Penerimaan kas sebelum perubahan Cash received before changes in
2.668.207 2.288.406
dalam aset dan liabilitas operasi operating assets and liabilities
Penurunan (kenaikan) dalam aset operasi Decrease (increase) in operating assets
Penempatan pada Bank Indonesia Placements with Bank Indonesia
dan bank lain 1.500 (1.500) and other Banks
Kredit yang diberikan (9.928.334) (9.193.797) Loans
Tagihan spot dan derivatif (1.144) - Receivables of spot and derivative
Surat berharga yang dijual dengan Marketable securities sold under
janji dibeli kembali (845.881) (4.208.597) repurchased agreement
Tagihan dari surat berharga yang Receivable from marketable securities
dibeli dengan janji dijual kembali 5.629.458 1.575.529 purchased under resale agreement
Aset lain-lain (161.904) (166.678) Other assets
Kenaikan (penurunan) liabilitas operasi Increase (decrease) in operating liabilities
Liabilitas segera (208.058) 115.091 Liabilities immediately payable
Simpanan nasabah (701.382) (3.570.473) Deposits from customers
Simpanan dari bank lain (1.816.691) (759.380) Deposits from other banks
Liabilitas surat berharga yang Liabilities of marketable securities sold
dijual dengan janji dibeli kembali 865.203 4.023.817 under repurchase agreement
Liabilitas lain-lain (92.132) 200.981 Other liabilities
Kas bersih digunakan untuk Net cash used in
(4.591.158) (9.696.601)
aktivitas operasi operating activities
ARUS KAS DARI AKTIVITAS INVESTASI CASH FLOWS FROM INVESTING ACTIVITIES
Efek-efek (1.570.378) 6.948.323 Marketable securities
Pembelian aset tetap (121.918) (132.044) Acquisitions of fixed assets
Pembelian aset takberwujud (758) (17.254) Acquisitions of intangible assets
Hasil penjualan aset tetap 1.471 5.608 Proceeds from sale of fixed assets
Penyertaan saham (100.000) - Investment in shares
Kas bersih diperoleh dari (digunakan untuk) Net cash provided by (used in)
(1.791.583) 6.804.633
aktivitas investasi investing activities
ARUS KAS DARI AKTIVITAS PENDANAAN CASH FLOWS FROM FINANCING ACTIVITIES
Penerimaan (pembayaran) dari Proceeds (payments of)
pinjaman yang diterima (24.881) 43.578 from borrowings
Penerimaan (pembayaran) liabilitas sewa (15.724) 6.316 Proceeds (payments of) lease liability
Pembayaran dividen kas (816.693) (797.173) Payments of cash dividens
Kas bersih digunakan untuk Net cash used in
(857.298) (747.279)
aktivitas pendanaan financing activities
166
Page 752
Lampiran 4 Appendix 4
INFORMASI KEUANGAN TAMBAHAN ENTITAS INDUK/
SUPPLEMENTARY FINANCIAL INFORMATION OF PARENT ENTTITY
PT BANK PEMBANGUNAN DAERAH JAWA TIMUR Tbk PT BANK PEMBANGUNAN DAERAH JAWA TIMUR Tbk
LAPORAN ARUS KAS - ENTITAS INDUK STATEMENTS OF CASH FLOWS - PARENT ENTITY
Untuk tahun berakhir pada tanggal-tanggal For the years ended
31 Desember 2024 dan 2023 December 31, 2024 and 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2024 2023
PENURUNAN BERSIH KAS NET DECREASE IN CASH
DAN SETARA KAS (7.240.039) (3.639.247) AND CASH EQUIVALENTS
Kas dan setara kas awal tahun 16.348.884 19.988.131 Cash and cash equivalents at beginning of year
Kas dan setara kas akhir tahun 9.108.845 16.348.884 Cash and cash equivalents at end of year
Kas dan setara kas terdiri dari: Cash and cash equivalents consist of:
Kas 2.363.023 2.652.775 Cash
Giro pada Bank Indonesia 4.907.639 7.971.412 Current accounts with Bank Indonesia
Giro pada bank lain 504.713 491.330 Current accounts with other banks
Penempatan pada Bank Indonesia dan Placements with Bank Indonesia
bank lain yang jatuh tempo dalam 3 bulan and other banks with original maturities
atau kurang sejak tanggal perolehan 1.333.470 5.233.367 of 3 months or less from acquisition date
Jumlah kas dan setara kas 9.108.845 16.348.884 Total cash and cash equivalents
- -
167
Page 753
2024 Annual Report Alamat Kantor Pusat Jalan Basuki Rachmad 98 – 104, Surabaya 60271 Telp : (62-31) 5310090-5310099 Fax : (62-31) 5310838 Email : info@bankjatim.co.id
Names mentioned 240 people and organisations named in the text · linked when the evidence is strong
unresolved
org
Bank Jatim
p.6 ×174
unresolved
org
Bank Pembangunan Daerah Jawa Timur Tbk
p.6 ×343
unresolved
org
Bank Performance Profile
p.7
unresolved
org
Bank Jatim’s Position Analysis
p.7
unresolved
org
Bank Soundness Level
p.8 ×5
unresolved
—
Lawsuit
p.9
unresolved
org
Bank Jatim Djawa Timur
p.12
unresolved
org
Bank Remittance Most Profitable Regional
p.13
unresolved
org
Bank Jatim’s
p.14 ×25
unresolved
org
Bank NTB Syariah
p.14 ×2
unresolved
org
Bank Lampung
p.14 ×4
unresolved
org
Bank NTT
p.14 ×3
unresolved
org
Bank Banten
p.14 ×3
unresolved
org
Bank Sultra. Through KUB
p.14
unresolved
org
Ministry of Trade
p.15 ×2
unresolved
org
Ministry of Housing and Settlement Areas
p.15
unresolved
org
Ministry of Agriculture
p.15
unresolved
person
Dr. Soetomo Hospital Surabaya
p.15 ×2
unresolved
org
Ministry of Trade and Bank Jatim
p.16
unresolved
org
Bank Jatim’s UUS
p.16 ×2
unresolved
org
Bank Jatim’s Commitment
p.17
unresolved
org
Bank Jatim’s Peduli Program
p.17
unresolved
org
Bank Indonesia
p.22 ×18
unresolved
org
Bank Jatim Stock
p.28 ×2
unresolved
org
Bank Jatim Stock Closing Price
p.29
unresolved
org
Bank Jatim Stock Trading Volume
p.29
unresolved
org
Binaartha Sekuritas
p.31
unresolved
org
PT Sinarmas Sekuritas
p.31
unresolved
org
Bank MURI Record
p.33
unresolved
org
Ministry of PUPR
p.35
unresolved
org
Bank Sultra
p.35 ×2
unresolved
org
Bank References
p.38
unresolved
org
Bank Guarantees
p.38
unresolved
org
PT Bank Pembangunan Daerah Jawa
p.39 ×3
unresolved
org
Bank Jatim Debit
p.40
unresolved
org
Bank Jatim Flazz Card
p.40
unresolved
org
Bank Jatim Prime Lending Rate
p.41
unresolved
org
Bank Indonesia’s
p.48
unresolved
org
Bank Jatim Cares
p.49
unresolved
org
Bank Jatim’s Board
p.50 ×2
unresolved
org
Bank Jatim. We
p.51
unresolved
org
Financial Services Authority
p.54 ×25
unresolved
org
Bank Jatim Business Before
p.54
unresolved
org
Bank Jatim Business
p.54
unresolved
org
Bank Meetings
p.54
unresolved
org
Bank Jatim Business Plan.
p.54
unresolved
org
Bank Indonesia Jawa Timur
p.57
unresolved
org
Bank Soundness Level After
p.59
unresolved
org
Bank Governance Composite Rating
p.59
unresolved
org
Bank Risk Profile
p.61
unresolved
—
AVP
· Komisaris
p.63
unresolved
org
Bank Adhy Karyono
p.64
unresolved
person
Jatim’s
· Commissioner
p.64
unresolved
org
Nick Name
· Company Name
p.70
unresolved
org
Finance Daerah Jawa Timur Tbk.
p.70
unresolved
org
Minister of Fownershipinance
p.70
unresolved
org
Ngawi Branch
p.71
unresolved
person
K.H. Wakhid Hasyim
p.71 ×2
unresolved
person
K.H. Moh. Kholil
p.71
unresolved
org
Dr. Soetomo Branch
p.72 ×2
unresolved
—
Surabaya Sharia
p.72
unresolved
—
Kediri Sharia
p.72
unresolved
—
Gresik Sharia
p.72
unresolved
—
Madiun Sharia
p.72
unresolved
—
Jember Sharia
p.72
unresolved
org
Bank Jatim FEATHERS PRO
p.73
unresolved
org
Minister of Finance No. BUM.
p.74
unresolved
org
Bank Pembangunan Daerah Jawa Timur. Operationally
p.74
unresolved
person
Julistyo
p.74
unresolved
org
Minister of Home Affairs Regulation
p.74
unresolved
person
Fathiah Helmi
p.74
unresolved
org
Ministry of Law and Human Rights
p.74
unresolved
org
Bank Pembangunan Timur Tbk.
p.75 ×2
unresolved
org
Minister of Justice
p.75
unresolved
org
Indonesia Daerah Jawa Timur Tbk.
p.75
unresolved
org
Minister of Law and Human Rights
p.75 ×3
unresolved
org
Daerah Jawa Timur Tbk
p.75 ×3
unresolved
org
Timur Tbk.
p.75
unresolved
org
Indonesia Stock Exchange
p.75
unresolved
org
Bank Jatim’s Vision
p.77 ×3
unresolved
org
Ministry of Maritime Affairs & Fisheries
p.82
unresolved
org
Indonesia Deposit Insurance Corporation
p.82
unresolved
org
Bank Jatim’s Hajj Savings
p.83
unresolved
org
Bank Deposits
p.84
unresolved
org
Bank Jatim. Houses
p.84
unresolved
org
Ministry of Public Works and Public Housing
p.84
unresolved
org
Layanan Umum Daerah
p.85
unresolved
org
Bank Jatim’s Retail
p.86
unresolved
org
Bank Linkage BPR Loan
p.86
unresolved
org
Bank Notes Telegraphic
p.86
unresolved
org
Bank Jatim. This
p.87
unresolved
org
Bank Jatim. Bank References
p.88
unresolved
org
Ministry of Finance. The JConnect Invest
p.88
unresolved
org
Bank Jatim Branch
p.88
unresolved
org
Directorate General of Central Taxes
p.89
unresolved
org
Directorate General of Customs and Excise
p.89
unresolved
org
Bank Jatim Retired Employees Consumption
p.90
unresolved
org
Bank Guarantee Barokah
p.91
unresolved
org
Bank Jatim Syariah
p.91 ×2
unresolved
org
Bank Jatim Syariah Nazhir
p.93
unresolved
org
Bank Jatim Info
p.93
unresolved
org
Bank Jatim Jconnect Mobile Banking
p.93
unresolved
org
Bank Jatim ATM
p.93 ×2
unresolved
org
Bank Jatim Flazz
p.93
unresolved
org
Bank SiPandai
p.93
unresolved
org
Bank Jatim Virtual Account
p.94
unresolved
org
Bank Bank Jatim Virtual Account
p.94
unresolved
org
Bank Jatim’s Automated Teller Machines
p.96
unresolved
org
Bank Jatim Offices
p.97
unresolved
person
Forum Komunikasi
· Direktur
p.99 ×2
unresolved
org
Musyawarah Perbankan Daerah
p.99
unresolved
org
Bank Jatim’s Organizational Structure
p.100 ×2
unresolved
org
Bank Jatim Risk Management Committee
p.102 ×5
unresolved
org
Bank Jatim Credit Policy Committee
p.102 ×5
unresolved
org
Bank Jatim Product Committee
p.102 ×3
unresolved
org
Bank Jatim Network Committee
p.102
unresolved
org
Bank Jatim Personnel Management Committee
p.102 ×5
unresolved
org
Bank Jatim Bank Jatim Share
p.102 ×3
unresolved
org
PT Garam Persero
p.103 ×3
unresolved
org
Bank Jatim ALCO Committee
p.103 ×3
unresolved
org
Bank Jatim IT Committee
p.103 ×4
unresolved
org
Bank Jatim Credit Committee Business Function Group
p.103 ×2
unresolved
org
Bank Jatim Share
p.103 ×2
unresolved
org
Bank Jatim Bondowoso Branch
p.104
unresolved
org
Bank Jatim Banyuwangi Branch
p.104
unresolved
org
Bank Jatim Treasury Division
p.104
unresolved
org
Bank Jatim Information Technology Division
p.104
unresolved
org
Bank Jatim Sharia Business Division
p.104
unresolved
org
Bank Jatim Committee
p.104
unresolved
org
Bank Jatim Product Committee Bank Jatim Share
p.104 ×2
unresolved
org
PT Bank Bukopin
p.105 ×2
unresolved
org
PT Bringin Gigantara
p.105
unresolved
org
PT Sigma Cipta Caraka
p.105
unresolved
org
PT Digital Prima Sejahtera
p.105
unresolved
org
Bank Jatim Credit Committee Risk Function Group
p.105 ×2
unresolved
org
PT BRI Asuransi Indonesia
p.106
unresolved
org
Bank Jatim Network Committee Bank Jatim Share
p.106
unresolved
org
Pembangunan Daerah Jawa Timur Tbk
p.109 ×3
unresolved
org
Bank Pembangunan Daerah East Java Tbk
p.109 ×2
unresolved
person
Medium Business
· Director
p.112
unresolved
person
Edi Masrianto
· Director
p.112 ×4
unresolved
org
JAWA TIMUR Tbk
p.595 ×12
unresolved
org
Menteri Keuangan Republik Indonesia
p.595
unresolved
org
Minister of Finance
p.595
unresolved
org
Bank Pendirian UUS
p.595
unresolved
org
Pengawas Pasar Modal
p.595
unresolved
org
BAPEPAM-LK
p.595 ×4
unresolved
person
Subianto
p.597
unresolved
person
Sitaresmi Puspadewi Subianto
p.597
unresolved
org
Dana Pensiun Pegawai Bank Pembangunan Daerah
p.631
unresolved
org
Bank Pembangunan Daerah Jawa Timur Jawa Timur
p.631
unresolved
org
PT Bank Pembangunan Daerah Pensiun
p.631
unresolved
org
Bank Daerah Jawa Timur Tbk
p.631 ×2
unresolved
org
Bank Dana Pensiun Lembaga Keuangan
p.631
unresolved
org
Dana Pensiun Indonesia
p.631
unresolved
org
PT Bank Daerah Nusa Tenggara Barat
p.632 ×3
unresolved
org
Dana Pensiun Bank Pembangunan
p.632
unresolved
org
PT Bank Pembangunan Daerah Nusa
p.632
unresolved
org
Dana Pensiun Bank Pembangunan Daerah Nusa Tenggara
p.632
unresolved
org
Menteri Keuangan
p.632
unresolved
org
Minister of Republik Indonesia
p.632
unresolved
org
PT Bank Pembangunan Daerah Nusa Tenggara
p.632
unresolved
org
PT Asuransi Jiwasraya (Persero)
p.633 ×2
unresolved
org
PT Asuransi Jiwa Inhealth Indonesia
p.633
unresolved
person
Darnosoewirjo
p.634
unresolved
person
Untung Darnosoewirjo
p.634 ×2
unresolved
person
Wachid Hasyim
p.634 ×2
unresolved
org
Pemerintah Provinsi Jawa Timur
p.680 ×3
unresolved
org
Kabupaten Sidoarjo
p.680 ×2
unresolved
org
Kabupaten Bojonegoro
p.680 ×2
unresolved
org
Kabupaten Banyuwangi
p.680 ×2
unresolved
org
Kabupaten Malang
p.680 ×2
unresolved
org
Kabupaten Gresik
p.680 ×2
unresolved
org
Kabupaten Tuban
p.680 ×2
unresolved
org
Kabupaten Ngawi
p.680 ×2
unresolved
org
Kabupaten Kediri
p.680 ×2
unresolved
org
Kabupaten Sumenep
p.680 ×2
unresolved
org
Kabupaten Kraksaan
p.680 ×2
unresolved
org
Kabupaten Jember
p.680 ×2
unresolved
org
Kabupaten Lamongan
p.680 ×2
unresolved
org
Kabupaten Sampang
p.680 ×2
unresolved
org
Kabupaten Bondowoso
p.680 ×2
unresolved
org
Kabupaten Trenggalek
p.680 ×2
unresolved
org
Kabupaten Mojokerto
p.680 ×2
unresolved
org
Kabupaten Nganjuk
p.680 ×2
unresolved
org
Kabupaten Situbondo
p.680 ×2
unresolved
org
Kabupaten Tulungagung
p.680 ×2
unresolved
org
Kabupaten Lumajang
p.680 ×2
unresolved
org
Kabupaten Pacitan
p.680 ×2
unresolved
org
Kabupaten Pasuruan
p.680 ×2
unresolved
org
Kabupaten Pamekasan
p.680 ×2
unresolved
org
Kabupaten Blitar
p.680 ×2
unresolved
org
Kabupaten Bangkalan
p.680 ×2
unresolved
org
Kabupaten Madiun
p.680 ×2
unresolved
org
Kabupaten Jombang
p.680 ×2
unresolved
org
Kabupaten Ponorogo
p.680 ×2
unresolved
org
Kabupaten Magetan
p.680 ×2
unresolved
org
Kota Surabaya
p.680 ×2
unresolved
org
Kota Madiun
p.680 ×2
unresolved
org
Kota Malang
p.680 ×2
unresolved
org
Kota Pasuruan
p.680 ×2
unresolved
org
Kota Mojokerto
p.680 ×2
unresolved
org
Kota Probolinggo
p.680 ×2
unresolved
org
Kota Blitar
p.680 ×2
unresolved
org
Kota Kediri
p.680 ×2
unresolved
org
Dana Pensiun Bank Pembangunan Daerah Jawa Timur Tbk
p.690 ×2
unresolved
org
Bank Jatim. Pursuant
p.690
Extraction attempts how the parser did, and what it refused
Nothing structured was extracted from this document — the attempts below say why.
No extraction attempted yet.