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ANNUAL REPORT 2024 Exploring the Floral Heritage of Indonesia
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2 Opening Business and Functional Review Financial Review
Table of Content
I. OPENING 5 I. OPENING 5
Key Highlights 6
II BUSINESS AND FUNCTIONAL REVIEW 43 Key Performance 8
Awards 9
III FINANCIAL REVIEW 109
Vision, Mission, Core Beliefs, Core Values 10
IV CORPORATE GOVERNANCE 135 Overview of CCB Indonesia 11
Company Profile 14
V CORPORATE INFORMATION 235 Shareholders' Information 16
- Company Group Structure, Subsidiaries and
VI FINANCIAL STATEMENT 263 Associated Entities
- Capital and Risk Management – Parent Entity
Shares Highlights 24
Financial Highlights 27
Significant Events 30
Strategic Policy 33
Report of Board of Commissioners 34
Report of Board of Directors 38
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Corporate Governance Corporate Information Financial Statement Annual Report 3
Table of Content
II BUSINESS AND FUNCTIONAL REVIEW 43 V CORPORATE INFORMATION 235
Loan 44 Organizational Structure 236
Treasury, FI, Trade Finance and International 48 Board of Commissioners Profile 238
Banking Board of Directors Profile 242
Human Capital 52 Executive Officers 250
Information Technology 55 Product, Services and Rate Information 252
Risk Management 56 Offices Network 256
III FINANCIAL REVIEW 109 VI FINANCIAL STATEMENT 263
Management Analysis and Discussion 110 Responsibility for Financial Reporting 264
Appendix
Audited Financial Report for 2024 fiscal year
IV CORPORATE GOVERNANCE 135
Corporate Social & Environmental Responsibility 136
(‘Sustainability Report’)
Corporate Governance 166
Committees Report 230
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4 Opening Business and Functional Review Financial Review
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Corporate Governance Corporate Information Financial Statement Annual Report 5
Opening
Melati
National Flower
Jasmine, with its white color symbolizing purity,
embodies the beliefs of diverse groups in Indonesia.
It is often used to represent elegance in simplicity
and sincerity.
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6 Opening Business and Functional Review Financial Review
Key Highlights
300
CAGR 56%
250
Achievement of the Bank's net profit with Compound
Annual Growth Rate (CAGR) 2020 - 2024 of 56%, and Growth
2024 of 22%. 200
150
CCB Indonesia obtained idAAA rating (the highest rating)
from rating agency PT Pefindo for 5 (five) consecutive years.
100
50
0
2020 2021 2022 2023 2024
LOAN TOTAL FUNDING
GROWTH GROWTH
STRONG LOAN AND FUNDING
GROWTH
21% 17%
y-o-y y-o-y
REVENUE PROFIT AFTER TAX CONTROLLED COST
GROWTH GROWTH GROWTH AND
IMPROVED IN EFFICIENCY
IMPROVED PROFITABILITY AND
CIR 54%
EFFICIENCY
24% 22% BOPO 83.39%
y-o-y y-o-y
STRONG AND
IMPROVED ASSET MORE OPTIMAL STRONGER/
QUALITY LIQUIDITY HIGHER CAPITAL
(GROSS NPL)
IMPROVED ASSET QUALITY AND LCR 175% & CAR
SOLID LIQUIDITY AND CAPITAL
2.12% NSFR 111% 30.72%
vs 2.87% in 2023 * above the minimum
threshold of100%
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Corporate Governance Corporate Information Financial Statement Annual Report 7
Key Highlights
• Loan growth by IDR 4.1 trillion or 21.2% y-o-y which was mostly from Corporate and
Commercial segments.
STRONG LOAN AND • lmproved Asset Quality with lower Gross NPL ratio from 2.87% (Dec'23) to 2.12%
FUNDING GROWTH (Dec'24).
• Total Funding growth by IDR 3.4 trillion or 17% y-o-y mostly contributed from the
growth of TD and CASA of foreign currency.
• Revenue increased by 24% y-o-y which was mostly contributed by business volume
IMPROVED growth.
PROFITABILITY AND • Efficiency Improvement with CIR decreased from 58% to 54%.
EFFICIENCY • Profit after tax / PAT growth by 22% y-o-y contributed from the business growth
and improvement in profitability along with efficiency improvement.
• Total Asset increased by IDR 5.7 trillion or 20% y-o-y.
• Strong and optimal liquidity with sufficient of LCR 175.13% and NSFR 110.81% which
SOLID LIQUIDITY AND are still above the minimum regulatory threshold of 100%.
CAPITAL • Strong Capital with CAR 30.72% (Dec'24).
• Bank's equity increased from IDR 6.54 trillion, up by IDR 301 billion to IDR 6.84 trillion
as of December 2024.
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8 Opening Business and Functional Review Financial Review
Key Performance
With the support of stakeholders, CCB Indonesia continues to show consistent
financial performance with net profit increasing by 22.42% y-o-y, and continues
to provide higher quality banking services through electronic banking and 73
offices spread across Indonesia.
Profit After Tax
(in billion IDR) CAGR 56%
300
250
22.42%
Growth 2024
200
150 Total Assets
56%
(in billion IDR) CAGR 7%
35,000
100
Compound Annual
20.44%
30,000
50
Growth Rate (CAGR)
2020-2024
25,000 Growth 2024
-
2020 2021 2022 2023 2024 20,000
15,000
Loan 7%
10,000
(in billion IDR) CAGR 12% Compound Annual
25,000 Growth Rate (CAGR)
5,000
2020-2024
20,000
21.20% -
Growth 2024 2020 2021 2022 2023 2024
15,000
Third Party Fund
12%
10,000 (in billion IDR)
25,000 CAGR 6%
Compound Annual
5,000 Growth Rate (CAGR) 16.86%
2020-2024 20,000
Growth 2024
-
2020 2021 2022 2023 2024 15,000
6%
10,000
Equity
Compound Annual
5,000 Growth Rate (CAGR)
(in billion IDR) CAGR 3%
7,000 2020-2024
4.61%
-
6,800
2020 2021 2022 2023 2024
Growth 2024
6,600
6,400
6,200
3%
6,000
Compound Annual
Growth Rate (CAGR)
5,800
2020-2024
5,600
2020 2021 2022 2023 2024
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Corporate Governance Corporate Information Financial Statement Annual Report 9
Awards
Warta Ekonomi proudly honors: Warta Ekonomi proudly honors:
PT Bank China Construction Bank Indonesia Tbk PT Bank China Construction Bank Indonesia Tbk
as
Indonesia Excellence Good Corporate Governance Ethics in as
Prudent nd Conservative Business Development Through Indonesia Best Bank 2024 for Strategies Implementation through
Strategic Plan
Business Development
Category
Conventional Bank Category
KBMI 2, Swasta Asing
Tuesday, March 5th 2024
JS Luwansa Hotel, Jakarta
Wednesday, July 31st 2024
The Sultan Hotel & Residence, Jakarta
Muhamad Ihsan
CEO & Chief Editor
Muhamad Ihsan
CEO & Chief Editor
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10 Opening Business and Functional Review Financial Review
Vision, Mission, Core Beliefs, Core Values
Vision 4. Sustainable improvement
We believe that in this life we will never reach perfection,
Become an international bank and has the ability to multiply therefore we desire to always strive for perfection; there is
value through innovation capabilities. always a better way.
5. Human capital
Mission We believe that human capital is a determinant of our ability
to deliver sustainable financial performance; therefore we
Provide better products and services for customers, create aim to attract, retain, motivate and effectively utilize the
higher value for shareholders, build broader career path quality personnel we can find.
for associates, and implementing social and environmental
responsibility as a good corporate citizen. 6. Commitment
We believe that the commitment to build a harmony of
economic, social and environmental interests will maintain
Core beliefs sustainable economic growth, therefore we desire to succeed
in developing a green environment.
1. Strong financial base
We believe that a strong financial base will determine
the competitiveness of our bank. Therefore, we aim to Core Values
deliver outstanding sustainable financial performance
by building a customer network, productive processes 1. Integrity
and cost-effectiveness, superior human capital. Ability and commitment to realize what has been agreed.
2. Ability to provide complex service and with speed 2. Trust
We believe that the ability to provide complex and Relationships are based on trust in each other.
fast services can win customers' choices. Therefore,
we desire to design and implement complex and fast 3. Speed
service processes for customers. Speed in providing service.
3. Strong partnerships 4. Competence
We believe that the partnership is a multiplier of the Competence is the main differentiator between success
value received by the customer; therefore, we intend and failure in any field.
to build comprehensive partnerships between our
bank and suppliers and business partners, partnerships
between employees and managers, partnerships
between functions within our organization.
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Corporate Governance Corporate Information Financial Statement Annual Report 11
Overview of CCB Indonesia
Brief History of PT Bank China Construction Bank Indonesia Tbk (“CCB Indonesia”) is a Commercial Foreign
CCB Indonesia 11 Exchange Bank listed in the Indonesian Stock Exchange (IDX), and was the result of a
merger between PT Bank Windu Kentjana International Tbk (“Bank Windu”) and PT Bank
Antardaerah (“Bank Anda”) on 30 November 2016, which has a network consisting of 73
Business Line 12 offices spread out in cities across Indonesia such as Jakarta, Bandung, Semarang, Yogyakarta,
Surabaya, Denpasar Bali, Mataram Lombok, Palembang, Bandar Lampung, Batam, Pekanbaru,
• Business Activities on the Basis of Pontianak, Makassar and Pangkal Pinang.
the Articles of Association and Are
Implemented Accelerating business development in the corporate banking segment, along with the
• Business Activities According to retail segment, namely commercial banking and small and medium scale enterprises
the Articles of Association (SMEs), as well as consumer banking, taking into account the harmony of economic, social
and environmental interests.
Brief History of CCB Indonesia
Merger between Bank Windu with the fully controlled subsidiary Bank Anda has been
approved by Financial Services Authority (OJK) No. S-400 / PB.12 / 2016 dated 30 November
2016, as well as the Admission of Merger Notification of Minister of Law and Human Rights
No. AHU-AH.01.10-0003777 dated 30 November 2016.
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12 Opening Business and Functional Review Financial Review
Overview of CCB Indonesia
Thus, merger between Bank Windu and Bank Anda has been Business Line
effectively implemented as of 30 November 2016.
Business Activities on the Basis of the Articles of
Bank Windu as surviving company was renamed into "PT Bank
Association and Are Implemented
China Construction Bank Indonesia Tbk" or shortened as "CCB
Indonesia" which had been registered by the Decision of Minister Based on Article 3 of the Company's Articles of Association, the
of Law R.I. No. AHU-0003776.AH.01.10.Tahun 2016 dated 30 November scope of CCB Indonesia's activities is to conduct business in the
2016 and has been approved by Financial Services Authority No.S- banking sector in accordance with the applicable laws and regulations.
441/PBI.12/2016 dated 28 December 2016 in accordance with copy Information on business activities based on the Articles of Association.
of the corresponding decision of the Board of Commissioners of The scope of CCB Indonesia's activities includes:
Financial Services Authority No. 17/KDK.03/2016 dated 27 December
2016 regarding the confirmation of the use of business license of Business Activities According to the Articles of
PT Bank Windu Kentjana International Tbk into PT Bank China Association
Construction Bank Indonesia Tbk.
Main Business Activities
Background for change of Company’s name is related to the entry ▪ Raising funds from the community in the form of current
of new controlling shareholder China Construction Bank Corporation account, time deposits, certificates of deposit, savings and/or
("CCB") into the Company, which currently holds 60% (sixty percent) other equivalent forms;
of the shares of the Company. ▪ Granting medium, long or short term-loans and other types
that are prevalent in the banking world;
Previously, PT Bank Windu Kentjana International Tbk ("Bank Windu") ▪ Promissory note issuance;
was also a merged bank between PT Bank Multicor Tbk and ▪ Purchasing, selling, or guaranteeing at own risk or for the benefit
PT Bank Windu Kentjana (BWK) on 8 January 2008. The merger is and at the behest of the customer:
legally incorporated in the Merger Deed No.171 dated 28 November - Bills including bills received by banks whose validity period
2007 which was approved by the Minister of Justice and Human is no longer than the usual practice in trading these letters;
Rights No.AHU-00982.AH.01.02 on 8 January 2008. - Promissory notes and commercial paper - other, whose
validity period is no longer than the usual practice in trading
PT Bank Windu Kentjana (BWK) was originally founded on 26 May such documents;
1967 by 3 social foundations as its founder, Dharma Putra Kostrad - State treasury papers and government guarantees;
Foundation, Trikora Orphans Fellowship Foundation and Djajakarta - Bank Indonesia Certificates (SBI);
Foundation. In 1978, ownership was transferred to the Salim family - Bonds;
(Salim Group). - Promissory notes which can be traded;
- Other securities in accordance with the provisions stipulated
While Multicor was originally known as PT Multinational Finance by the competent authority.
Corporation established in 1974 in the form of Non-Bank Financial ▪ Transferring money both for own interests and for the interests
Institutions (LKBB), was a consortium (joint venture) of domestic of customers;
banks with international banks namely Royal Bank of Scotland, BCA, ▪ Placing funds in, borrowing funds from, or lending funds to
LTCB Japan, Jardine Fleming, Chemical Bank and Asia Insurance. In other banks, either by using letters, telecommunications facilities
1993 changed its status to Bank Multicor. Subsequently in 2003, or by sight draft, checks or other means;
Mr. Johnny Wiraatmadja and colleagues took over the ownership ▪ Receiving payments from bills on securities and doing calculations
of Bank Multicor. with or between third parties;
▪ Placing funds from customers to other customers in the form
On 8 January 2008 a merger between Bank Multicor Tbk and BWK of securities listed on the stock exchange;
took place and it became "PT Bank Windu Kentjana International ▪ Conducting activities in foreign currencies by meeting applicable
Tbk.", also known as "Bank Windu". regulations;
▪ Providing financing and or conducting other activities in
accordance with the provisions stipulated by the competent
authority.
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Corporate Governance Corporate Information Financial Statement Annual Report 13
Overview of CCB Indonesia
Supporting Business Activities companies, insurance companies, clearing and guarantee
▪ Providing a place to store goods and securities; institutions as well as deposit and settlement institutions,
▪ Conducting custodian activities for the interests of other parties by fulfilling the provisions stipulated by the competent
based on a contract; authority;
▪ Purchasing collateral both in whole or in part through auctions ▪ Conducting temporary venture capital activities to overcome
in the event that the debtor does not fulfill his obligations to non-performing loan, on condition that the investment must
the Company provided that the collateral purchased must be be withdrawn accordance with the provisions stipulated by
disbursed as soon as possible; the competent authority;
▪ Conducting factoring, credit business and trustee activities; ▪ Undertaking other businesses that are directly or indirectly
▪ Conducting activities as a provider of pension funds in accordance related to the above purpose, the implementation of which is
with applicable laws and regulations, both as the founder of not contrary to the laws in force in Indonesia.
the employer's pension fund and as the founder and/or
participant of the financial institution pension fund; Most of the business activities according to Articles of Association
▪ Conducting venture capital in banks or other companies in have been carried out by the Company in accordance with the
finance leasing, venture capital companies, securities prevailing rules and regulations.
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14 Opening Business and Functional Review Financial Review
Company Profile
Company Name PT Bank China Construction Bank Indonesia Tbk
Head Office Sahid Sudirman Center, 15th floor
Jl. Jend Sudirman Kav. 86, Central Jakarta 10220, Indonesia.
Telephone (62-21) 5082 1000
Fax. (62-21) 5082 1010
SWIFT/BIC : BWKIIDJA
Website idn.ccb.com
Email corsec@idn.ccb.com
Investor Relation Corporate Secretary (Thomas Widianto)
Legal Aspect Merger between PT Bank Windu Kentjana International Tbk with PT Bank Antardaerah which was approved by Financial
Services Authority ("OJK") No. S-400 / PB.12 / 2016 dated 30 November 2016, as well as the Admission of Merger Notification
No. AHU-AH.01.10-0003777 dated 30 November 2016.
Surviving company was renamed into "PT Bank China Construction Bank Indonesia Tbk" abbreviated "CCB Indonesia"
which was registered by the Decision of Minister of Law and Human Rights R.I. No. AHU-0003776.AH.01.10.Year 2016 dated
30 November 2016 and has been approved by Financial Services Authority No. S-441/PBI.12/2016 dated 28 December
2016 in accordance with copy of the corresponding decision of the Board of Commissioners of Financial Services Authority
No. 17/KDK.03/2016 dated 27 December 2016 regarding the confirmation of the use of business license of “PT Bank Windu
Kentjana International Tbk” into “PT Bank China Construction Bank Indonesia Tbk”.
Bank Status Public listed Company dan Foreign Exchange Commercial Bank
Stock listing Indonesia Stock Exchange
Stock Code MCOR
Page 15
Corporate Governance Corporate Information Financial Statement Annual Report 15
Company Profile
Supporting Institutions and/or Professionals
Trading and Stock Listing Information Custodian
PT Indonesia Stock Exchange PT Indonesian Central Securities Depository
Indonesia Stock Exchange Building, Tower 1 Indonesia Stock Exchange Building, Tower 1, 5th Floor
Jl. Jend. Sudirman Kav. 52-53 Jl. Jend. Sudirman Kav. 52-53
Jakarta 12190, Indonesia Jakarta 12190, Indonesia
Tel : (62-21) 5150515 Tel : (62-21) 5152855
Fax : (62-21 5154153 Fax : (62-21) 52991199
Website : www.idx.co.id Website : www.ksei.co.id
Email : listing@idx.co.id Email : helpdesk@ksei.co.id
Services provided : Annual Stock Registration Services Services provided : Securities Administration (Stock) Management
Assignment Period : January - December 2024 Assignment Period : January - December 2024
Fee : IDR 277,500,000,- Fee : IDR 11,100,000,-
Public Accounting Firm Public Notary
Public Accountant Firm Purwantono, Sungkoro and Surja Notaris Eliwaty Tjitra, S.H.
a member of Ernst and Young Graha Kencana Blok DK Jl. Raya Perjuangan No. 88
(Public Accountant : Christophorus Alvin Kossim) Kebon Jeruk Jakarta Barat, Indonesia
Indonesia Stock Exchange Building Tel : (62-21) 536 77 338
Tower 1, 13th and 14th Floor, Tower 2, 7th Floor Fax : (62-21) 536 77 339, 532 5938
JL. Jend. Sudirman Kav. 52-53 Email : eliwatyt@gmail.com
Jakarta 12190, Indonesia
www.ey.com Services provided : Preparing the Annual GMS Resolution for the
2023 fiscal year and Extraordinary GMS
Services provided : Audit services for Financial Statement for Assignment Period : January - December 2024
Fiscal Year 2024 Fee : IDR 66,600,000,-
Assignment Period : January - December 2024
Audit Fee : IDR 1,972,192,500,-
Membership of the Association
CCB Indonesia is a member of a number of associations, including:
Securities Administration Bureau 1. National Commercial Banks Association (Perbanas)
PT Sinartama Gunita 2. Association of Indonesian Issuers (AEI)
Gedung Menara Tekno 7th Floor 3. Banking Compliance Director Communication Forum (FKDKP)
Jl. H. Fachrudin No.19, Kebon Sirih, Tanahabang 4. Indonesia Corporate Secretary Association (ICSA)
Jakarta Pusat 10250, Indonesia 5. Indonesian Payment System Association (ASPI)
Tel : (62-21) 3923003 6. Indonesian Commodity Futures Trading Association (ASPEBTINDO)
Fax : (62-21) 3923003 7. Alternative Institutions for Settlement of Financial Services
Website : www.sinartama.co.id Sector Disputes (LAPS SJK)
Email : helpdesk1@sinartama.co.id 8. Chinese Chamber of Commerce
9. Association Cambiste International - Financial Markets Association
Services provided : Stock Administration Services Indonesia (ACI FMA Indonesia)
Assignment Period : July 2024 – June 2025 10. Banking Operations Director Communication Forum (FKDOP)
Fee : IDR 20,181,818,- 11. Indonesian Money Market and Foreign Exchange Market
Association (APUVINDO)
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16 Opening Business and Functional Review Financial Review
Shareholders’ Information
Composition of Shareholders
60.00% CHINA CONSTRUCTION BANK (CCB) CORPORATION owned by :
1) Central Huijin Investment Ltd.* 57.03%
2) HKSCC Nominees Limited** 37.52%
3) Others 5.45%
Note:
*) Central Huijin Investment Ltd. is the controlling shareholder of CCB Corporation, holding
57.03% of the shares of CCB Corporation as of 31 December 2024, and indirectly held 0.20%
of the shares of CCB Corporation through its subsidiary, Central Huijin Asset Management
Ltd. Central Huijin Investment Ltd. is a wholly state-owned company established with the
approval of the State Council in accordance with the PRC Company Law on 16 December
2003. Both its registered capital and paid-in capital are RMB 828,209 million.
**) HKSCC Nominees Limited is a wholly-owned subsidiary of Hong Kong Securities Clearing
Company Ltd.
6.94% JOHNNY WIRAATMADJA
8.21% UOB KAY HIAN PTE LTD
24.85% PUBLIC
Share Ownership Composition of CCB Indonesia
1 January 2024 31 December 2024
No. Shareholders’ Name
Number of Shares Percentage Number of Shares Percentage
1. China Construction Bank Corporation 22,751,563,707 60.00% 22,751,563,707 60.00%
2. Johnny Wiraatmadja 2,631,113,705 6.94% 2,631,113,705 6.94%
3. UOB Kay Hian Pte. Ltd. 3,112,882,656 8.21% 3,112,832,456 8.21%
4. Public 9,424,170,446 24.85% 9,424,220,646 24.85%
Total Shares 37,919,730,514 100.00% 37,919,730,514 100.00%
Brief Description of Shareholders
China Construction Bank Corporation
China Construction Bank (CCB) Corporation, headquartered in Beijing, is a leading large-scale commercial bank in China. Its predecessor,
People’s Construction Bank of China, was established in October 1954. It was listed on Hong Kong Stock Exchange in October 2005 (stock
code: 939) and Shanghai Stock Exchange in September 2007 (stock code: 601939). At the end of 2024, CCB Corporation’s market
capitalisation was approximate US$ 212,427 million, ranking sixth among all listed banks in the world. CCB Corporation ranks second in
“Top 1000 World Banks Ranking” in 2024 by The Banker magazine and second in the “Top 500 Banking Brands” by Brand Finance.
CCB Corporation provides customers with comprehensive financial services, including corporate finance business, personal finance
business, treasury and asset management business and others, serving 771 million personal customers and 11.68 million corporate
customers. Moreover, CCB Corporation has subsidiaries in various sectors, including fund management, financial leasing, trust, insurance,
futures, pension and investment banking. At the end of 2024, CCB Group had 376,847 staff members and 14,750 operating entities.
Page 17
Corporate Governance Corporate Information Financial Statement Annual Report 17
Shareholders’ Information
CCB Group fully recognises the political significance of financial integrates into the broader framework of further deepening reform
work and its importance to the interest of the people, and comprehensively and unswervingly promotes high-quality
conscientiously upholds these principles in practice. It enhances development.
high-quality financial services for major national strategies, key
areas and weak links, makes significant efforts in the “Five Priorities”, Johnny Wiraatmadja
i.e., technology finance, green finance, inclusive finance, pension
finance and digital finance, actively supports the development of Mr Johnny Wiraatmadja, Indonesian citizen, 71 years old, is an
new quality productive forces, effectively serves the real economy, entrepreneur and has experience in the banking sector since 1979,
and assists in high-standard opening up and coordinated regional domiciled in Jakarta.
development. CCB Group remains steadfast in its core responsibilities
and primary businesses focus, continuously enhances its “Three He was appointed as Director of Treasury at PT Bank Panin, Tbk
Capabilities” in serving national construction, preventing financial from 1991 to 2007. Furthermore, from 2007 until now, he serves as
risks, and participating in international competition, proactively Commissioner at PT Bank Panin, Tbk.
Share Ownership of the Company (Direct and Indirect)
Board of Commissioners and Board of Directors
1 January 2024 31 December 2024
No Name Position Number of Shares No Name Position Number of Shares
Board of Commissioners Board of Commissioners
1. Sun Jianzheng President - 1. Guo Meijun Commissioner -
Commissioner
2. Qi Jiangong Commissioner - 2. Mohamad Hasan Commissioner -
(independent)
3. Mohamad Hasan Commissioner - 3. Yudo Sutanto, Nyoo Commissioner -
(independent) (independent)
4. Yudo Sutanto, Nyoo Commissioner - -
(independent)
Board of Directors Board of Directors
1. You Wennan President Director 667,964 (<1%) 1. Zhu Yong Director 681,162 (<1%)
2. Zhu Yong Director 333,636 (<1%) 2. Setiawati Samahita Director 3,422,310 (<1%)
3. Setiawati Samahita Director 2,316,097 (<1%) 3. Junianto Director 1,588,382 (<1%)
4. Junianto Director 1,062,958 (<1%) 4. Agresius Robajanto Compliance 1,458,831 (<1%)
Kadiaman Director
5. Chandra Nangkok Director 938,386 (<1%)
Tua Siagian
6. Agresius Robajanto Compliance 764,687 (<1%)
Kadiaman Director
Note:
All members of Board of Commissioners and Board of Directors have no indirect ownership of CCB Indonesia shares during 2024 period.
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18 Opening Business and Functional Review Financial Review
Shareholders’ Information
Number of Shareholders and Percentage Based on Classification as of 31 December 2024
Shareholder Category Number of Shareholders Number of Shares Percentage
Domestic Investor
1. Broker 13 2,988,804 0.01%
2. Individual - Domestic 10,340 6,312,633,778 16.65%
3. Individual Foreign KITAS - NPWP 10 5,321,258 0.01%
4. Insurance NPWP 3 1,723,775,428 4.55%
5. Pension Fund 2 14,700,000 0.04%
6. Limited company NPWP 27 2,240,359,430 5.91%
7. Foundation NPWP 3 203,200 0.00%
Sub Total 10,398 10,299,981,898 27.16%
Foreign Investor
8. Individual - Foreign 15 5,760,469 0.02%
9. Institution - Foreign 30 27,613,988,147 72.82%
Sub Total 45 27,619,748,616 72.84%
Total 10,443 37,919,730,514 100.00%
Shareholders ≥ 5%
1 January 2024 31 December 2024
No Shareholders' Name
Number of Shares Percentage Number of Shares Percentage
1 China Construction Bank Corporation 22,751,563,707 60.00% 22,751,563,707 60.00%
2 Johnny Wiraatmadja 2,631,113,705 6.94% 2,631,113,705 6.94%
3 UOB Kay Hian Pte. Ltd. 3,112,882,656 8.21% 3,112,832,456 8.21%
Total Shares 28,495,560,068 75.15% 28,495,509,868 75.15%
Shareholders < 5% Based on Classification
1 January 2024 31 December 2024
Shareholder Category
Number of Number of Number of Number of
Percentage Percentage
Shareholders Shares Shareholders Shares
Domestic Investor
1. Broker 14 10,267,572 0.03% 13 2,988,804 0.01%
2. Individual - Domestic 11,032 3,676,582,363 9.70% 10,339 3,681,520,073 9.71%
3. Individual Foreign KITAS - NPWP 12 3,096,600 0.01% 10 5,321,258 0.01%
4 Insurance NPWP 3 1,723,775,428 4.55% 3 1,723,775,428 4.55%
5. Pension Fund 2 14,700,000 0.04% 2 14,700,000 0.04%
6. Limited company NPWP 28 2,245,232,330 5.92% 27 2,240,359,430 5.91%
7. Foundation NPWP 2 203,100 0.00% 3 203,200 0.00%
Sub Total 11,093 7,673,857,393 20.24% 10,397 7,668,868,193 20.22%
Foreign Investor
8. Individual - Foreign 16 6,084,269 0.02% 15 5,760,469 0.02%
9. Institution - Foreign 29 1,744,228,784 4.60% 28 1,749,591,984 4.61%
Sub Total 45 1,750,313,053 4.62% 43 1,755,352,453 4.63%
Total 11,138 9,424,170,446 24.85% 10,440 9,424,220,646 24.85%
Page 19
Corporate Governance Corporate Information Financial Statement Annual Report 19
Company Group Structure, Subsidiaries and
Associated Entities
Company Group Structure
Subsidiaries and/or Associated Entities
As of 31 December 2024, PT Bank China Construction Bank Indonesia Tbk has no subsidiaries or associated entities.
Other Information
As of 31 December 2024, there has been no transactions between been no provision of funds, commitments or other facilities which
bank and related parties in business groups in the financial sector; may be equalized by any entity situated in business group with
there has been no transactions with related parties conducted by Bank to debtor and / or parties that have obtained the provision
every entity in the business group in the financial sector; there has of funds from Bank.
Structure of Subsidiaries of CCB Corporation
China Construction Bank (Russia) Limited
China Construction Bank (London) Limited
China Construction Bank (Malaysia) Berhad
Overseas Subsidiaries Banks China Construction Bank (Europe) S.A.
China Construction Bank (New Zealand) Limited
China Construction Bank (Asia) Corporation Limited
PT Bank China Construction Bank Indonesia Tbk
CCB Property & Casualty Insurance Co., Ltd.
CCB Private Equity Investment Management Co., Ltd.
CCB Principal Asset Management Co., Ltd.
CCB FinTech Co., Ltd.
CCB Financial Asset Investment Co., Ltd.
CCB Financial Leasing Co., Ltd.
CCB Wealth Management Co., Ltd.
CCB Futures Co., Ltd.
Main Integrated CCB Life Insurance Co., Ltd.
Operation Subsidiaries
CCB Consumer Finance Co., Ltd.
CCB Trust Co., Ltd.
CCB Pension Management Co., Ltd.
CCB Housing Services Co., Ltd.
CCB Housing Rental Private Fund Management Co., Ltd.
CCB Engineering Consulting Co., Ltd.
CCB International (Holdings) Limited
Sino-German Bausparkasse Co., Ltd.
Page 20
20 Opening Business and Functional Review Financial Review
Capital and Risk Management - Parent Entity
Capital Management Risk Management
The Group adhered to a robust and prudent capital management The Group has been committed to the concept of comprehensive
strategy, stressing both internal capital accumulation and external risk management. It continues to improve its comprehensive,
replenishment. It strengthened the constraint and guidance role proactive, intelligent and modern risk management system, promotes
of capital, continued to promote the transformation towards more its integrated risk management and control and unified credit risk
intensive use of capital, and enhanced the efficiency of capital management, and strengthens risk governance of overseas operations,
utilisation. It maintained adequate capital and an optimal capital subsidiaries and grass-roots institutions. It steadily elevates its ability
structure, providing a solid foundation for serving the high-quality to prevent financial risks and ensures that various risks are under
development of the real economy. overall control.
In 2024, The Group actively ensured the smooth transition and In 2024, the Group beefed up its efforts in “comprehensive risk
high-quality implementation of the new capital rules. It steadily management”. It dug into the overall and key issues of improving
and orderly carried out external capital replenishment, and continued the risk internal control system, and optimised checks and balances
to strengthen capital strength while maintaining a sound capital and coordination mechanism of “three lines of defence”. It improved
structure. It continued to improve the regulatory capital constraint the corporate comprehensive financing management system,
and transmission mechanism, established a comprehensive capital promoted the building of a unified credit management system for
planning management system covering the entire group, and personal customers, and enhanced emerging risk management.
steadily pushed forward refined capital management. During the The Group bolstered “proactive risk management”. It strengthened
reporting period, it saw solid performance in various capital indicators. cross-cycle management of asset quality, intensified risk prevention
Driven by factors such as retained earnings of RMB 178,805 million and mitigation in key areas, upgraded its significant risks reporting
after deducting dividends, the issuance of Tier 2 capital bonds of system, implemented the “One Policy for One Subsidiary” management
RMB 135 billion, the conversion of measurement rules upon for subsidiaries, and continued to carry out comprehensive risk
implementation of the new capital rules, and reinforced intensive monitoring, risk profiling and risk warning of overseas operations.
capital management, the Group’s capital adequacy ratios rose at The Group also reinforced “intelligent risk management”.
all levels as compared to the end of 2023, and remained at a sound Leveraging on technologies such as big data and AI, it expedited
and reasonable level. its development of projects such as enterprise-level risk management
platform, propelled the integration of digital risk control tools into
Capital Adequacy Ratio its business processes, and advanced risk information sharing. The
Group also updated its recovery and resolution plans on an annual
According to regulatory requirements, the Group calculates and basis, and made continuous improvements in areas such as total
discloses capital adequacy ratios in accordance with the Rules on loss-absorbing capacity (“TLAC”), large exposures, and effective risk
Capital Management of Commercial Banks from 1 January 2024. data aggregation and risk reporting, so as to meet the additional
The scope of calculation includes all the domestic and overseas regulatory requirements for systemically important banks.
branches and sub-branches, and financial subsidiaries (excluding
insurance companies). Based on the approval for the implementation Credit Risk Management
of the advanced capital measurement approach in 2014, the former
CBIRC granted approval for the Group to expand the implementation The Group stayed committed to proactive management and control
scope of the approach in April 2020. Pursuant to the regulatory of credit risk, and effectively promote resolution of risks in key areas.
requirements, the Group calculates capital adequacy ratios with As such, the overall credit risk maintained stable and controllable
both the advanced approach and other approaches for capital in 2024.
measurement, and complies with the relevant requirements for
capital floors. The Group deepened its integrated credit risk management. It
continued to press ahead with the adjustment of composition of
The Group steadily carried out external capital replenishment, credit assets, and focused on the “Five Priorities” and key areas of
continued to deepen the transformation towards more intensive the real economy to enhance its capability to provide high-quality
use of capital and refined management, and advanced the high- financial services for major strategies, key areas and weak links. It
quality implementation of the new capital rules. At the end of 2024, increased its efforts in whole-process management and control of
the Group’s capital adequacy ratio, Tier 1 ratio and Common Equity credit risks, and elevated the efficiency of risk control over key
Tier 1 ratio, which were calculated in accordance with the Rules on processes. It bolstered risk prevention and resolution for key areas,
Capital Management of Commercial Banks, were 19.69%, 15.21% forming an all-encompassing matrix-style risk management
and 14.48%, respectively, all in compliance with the regulatory mechanism. It upgraded its unified credit risk monitoring mechanism,
requirements. adhered to the “customer-centred” concept in coordinated
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Corporate Governance Corporate Information Financial Statement Annual Report 21
Capital and Risk Management - Parent Entity
management, and enhanced collaborative risk prevention and and monitoring, sets out risk limit management criteria, carries out
control between the parent bank and subsidiaries. The Group daily liquidity management, periodically conducts stress testing at the
implemented the Rules on Risk Classification of Financial Assets of group level, and reviews and assesses contingency plans.
Commercial Banks. It took full consideration of the substantive risks,
conducted risk classification management in a strict and accurate In 2024, the Group adhered to the principle of robustness and prudence,
manner in line with the three step procedure of “initial classification, responded to changes in internal and external fund situation in a
identification and approval”, and the asset quality remained stable. forward-looking manner, carefully arranged the total amount and
It adhered to the high-quality implementation of ECL method, structure of funding sources and utilisation, and optimised the allocation
timely made adequate provisions, and maintained strong risk of assets and liabilities. It gave full play to the buffering role of liquidity
mitigation capacity. reserve, improved its financing strategies, and elevated the diversification
and stability of financing sources. It continued to advance the iteration
The Group enhanced its risk measurement capabilities. It rolled out of liquidity management system, and improved the autonomy,
an evaluation tool specially for sci-tech enterprises and an upgraded intelligence and timeliness of IT systems. In addition, it also proactively
customer rating model across the bank to support the rapid fulfilled its obligations as a major state-owned bank, and played its
development of technology finance; it promoted the building of roles as a market “stabiliser” and a policy “transmitter”.
the ESG evaluation system for corporate customers to support the
high-quality development of green finance; it optimised the rating Market Risk Management
model for small business customers, and reinforced its risk control
of non-retail inclusive finance customers in a forward-looking In 2024, the Group continued to reinforce its market risk management.
manner, to support the steady development of inclusive finance. It formulated the annual risk policy and limit plan for investment and
The Group pressed ahead with the building of the online business trading business, and improved the limit management mechanism.
risk scanning and detection (RSD) system, empowered branches It developed detailed rules of new product risk assessment for the
to develop, launch, transplant and reuse regional differentiated financial market business and financial institutional business, and
characteristic rules, and bolstered proactive risk control. It continued rolled out a new product risk assessment system, enabling online
to improve the application of scorecard tool in the retail business operation of the risk assessment process. It optimised the system for
segment, covering Quick Loan for Small and Micro Businesses, debenture investment eligibility, approval and list management, and
Yunong Quick Loan, qualified revolving retail loan, and special conducted special stress testing on bonds in a targeted manner. The
instalment services, and put customer risk assessment in place. Group enhanced digital monitoring and risk screening for trading
business, launched on-site investigation on derivatives business in
Liquidity Risk Management key branches, and refined risk management mechanism of financial
institutional business and asset management business. It also optimised
The Board reviews and approves liquidity risk strategy and risk appetite, the new standardised approach for market risk and the counterparty
and assumes the ultimate responsibility for liquidity risk management. credit risk measurement module, and completed the building of
Senior management carries out liquidity risk strategy set by the Board relevant systems of measurement and rules.
and organises the implementation of liquidity risk management
activities. The board of supervisors supervises and evaluates the Operational Risk Management
performance of the Board and senior management in liquidity risk
management. Asset & Liability Management Department leads the In 2024, the Group actively benchmarked itself against regulatory
Group’s liquidity risk management and performs various duties in requirements such as Basel III, the Rules on Capital Management
liquidity risk management together with business management of Commercial Banks, and the Rules on Operational Risk Management
departments and branches. Each subsidiary assumes the primary of Banking and Insurance Institutions and effectively enhanced its
responsibility for its own liquidity risk management. operational risk management.
The Group adheres to a liquidity risk management strategy featuring The Group revised its policies on operational risk management,
prudence, decentralisation, coordination and diversification. The improved the top-level design, and further promoted the application
objective for liquidity risk management is to establish and improve a of risk management tools such as operational risk loss data, key risk
liquidity risk management system that can fully identify, accurately indicators and operational risk self-assessment. It further polished
measure, continuously monitor, and effectively control liquidity risk, up its management mechanism such as operational risk reporting,
effectively balance the return on and security of funds, and safeguard and promoted regulatory assessment and validation related work
the steady operation across the bank. In light of regulatory requirements, pursuant to new standardised approach for operational risk in an
external macro environment, and its business development, the Group orderly manner, so as to comprehensively enhance refined
formulates approaches for liquidity risk identification, measurement management. It continued to strengthen business continuity
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22 Opening Business and Functional Review Financial Review
Capital and Risk Management - Parent Entity
management, improved rules and regulations, focused on developing IT Risk Management
emergency plans and organizing emergency drills, consolidated
management foundation, so as to enhance operational resilience. In 2024, the Group continued to strengthen IT risk management to
effectively safeguard the high-quality development of FinTech. It
The Group continued to improve its staff behaviour management continued to improve its IT risk management system, and upgraded
system, so as to promote staff compliance and standardised operations. its management framework and whole-process management
It established and improved its staff behaviour management framework, requirements. The Group continued to perform IT risk identification,
clarified the code of conduct for employees, and conducted inspections assessment, monitoring, reporting, control and mitigation, and promoted
of abnormal behaviours. It cared for its employees and guided them early detection, early warning, early exposure and early resolution of
to correctly develop and practise the compliance concept. In 2024, IT risks. The Group attached great importance to cybersecurity, improved
the Bank organised audits on risk prevention and control of criminal its cybersecurity risk monitoring system, conducted all-round, full-chain
cases and dynamic audits on key operational risk items related to and real-time monitoring, actively responded to cyberattacks, and
employees, with focuses on risk prevention and control of criminal effectively addressed cybersecurity risks such as ransomware and data
cases, staff behaviour management and noncompliance. leakage, seeing no cybersecurity incidents throughout the year. It
continued to reinforce the management of information technology
Reputational Risk Management outsourcing, conducted in-depth supervision and inspection of third-
party service providers, and strengthened risk management and control
In 2024, the Group adhered to the forward-looking, comprehensive, of IT outsourcing. No IT risk incidents caused by third-party outsourcing
proactive and effective principle of reputational risk management, and cooperation occurred during the year. It strengthened IT assurance
strengthened source management of reputational risk, deployed and evaluation, engaged professional accounting firms to conduct
risk screening on a regular basis, and prevented and mitigated audit and assurance on IT control measures adopted by the head office
potential risks with emergency plans. It strengthened the working towards overseas entities, and engaged qualified professional institutions
mechanism for emergency response and joint resolution, and to conduct cybersecurity classified protection evaluation as well as
continued to enhance its capability in joint resolution of negative security assessment of cryptography application for systems at or
news coverage. During the reporting period, no significant above Grade III of cybersecurity classified protection. During the
reputational incidents occurred, effectively safeguarding the Group’s reporting period, the relevant IT risk indicators of the Group met
good corporate image and reputation. regulatory requirements and risk appetite requirements, with risks
basically under control.
Country Risk Management
Strategic Risk Management
In strict compliance with regulatory requirements, the Group
incorporates country risk management into comprehensive risk In 2024, under the leadership of the Board and senior management,
management system. The Board assumes the ultimate responsibility the Group established a mechanism for formulating and implementing
for monitoring the effectiveness of country risk management, its strategic plan, improved the rules and systems for strategic
and senior management carries out country risk management planning and strategic risk management, and continued to improve
policies approved by the Board. The Group manages country risk the strategic risk management framework. It optimised the
by applying tools including evaluation and rating, risk limit, data governance structure and division of responsibilities for strategic
aggregate, stress testing, monitoring and early alert, and emergency risk management, closely tracked external economic and financial
responses. environment, and enhanced strategic risk identification and
assessment. The Group’s strategic risk remained under control
In 2024, the Group continued to optimise its country risk management during the reporting period.
in line with the needs of business development to address global
economic challenges. It optimised the country risk management Emerging Risk Management
system, reviewed country risk ratings, and carried out country risk
assessment. It closely monitored country risk exposure, conducted As emerging risks, such as model risk, data risk, fraud risk, ESG
country risk stress testing, and strengthened country risk early risk, and new product risk, continued to emerge and evolve rapidly
warning and emergency response mechanism. The Group’s country in the wake of acceleration of digital transformation and rapid
risk exposure was mainly concentrated in countries or regions with development of FinTech in recent years, the Group continued to
low or relatively low country risk, and the overall country risk was bolster its identification and assessment of emerging risks, and
maintained at a reasonable level. formulated targeted prevention and control measures.
Page 23
Corporate Governance Corporate Information Financial Statement Annual Report 23
Capital and Risk Management - Parent Entity
Consolidated Management of CCB levels. It intensified comprehensive risk management of subsidiaries,
improved the transmission and implementation mechanism of
Corporation Group
its unified risk appetite, and advanced unified credit risk management
In 2024, the Group continued to enhance consolidated management, across the Group. It continued to press ahead with the
reinforced various aspects of the Group’s consolidated management, implementation of the “customer-centred” comprehensive financing
including corporate governance, risk management and capital management mechanism to strengthen integrated and collaborative
management, and prevented cross-border and cross-industry risk control. It enhanced monitoring and management of capital
business risks, and promoted the high-quality development of adequacy of subsidiaries to push the subsidiaries to constantly
subsidiaries. meet industry regulatory requirements on capital indicators and
maintain a reasonable buffer. The Group enhanced its data
The Group promoted the integrated management at the group governance and application capabilities, and promoted subsidiaries
level, and strengthened business integration of the parent bank to improve their data governance systems, enhance the
and subsidiaries on the basis of incorporating subsidiaries into informatisation level, and elevate the quality and efficiency of
the Group’s business segment operation and management system. data reporting. It continued to promote IT integration at the
It continued to streamline equity hierarchy of the Group, and Group level, and strengthened support for sci-tech development
improved see through management ability of subsidiaries at all at subsidiaries.
Page 24
24 Opening Business and Functional Review Financial Review
Shares Highlights
Graph of Shares Price and Volume of CCB Indonesia (MCOR) throughout 2024
Shares Price Shares Volume
100 45,000,000
90 40,000,000
80
35,000,000
70
30,000,000
60
25,000,000
50
20,000,000
40
15,000,000
30
10,000,000
20
10 5,000,000
0 -
January Febuary March April May June July August September October November December
Adj Close Volume
Page 25
Corporate Governance Corporate Information Financial Statement Annual Report 25
Shares Highlights
Shares Price Throughout 2024
Highest Price Lowest Price Closing Price
Period Total Transaction Volume
(in IDR) (in IDR) (in IDR)
January 79 75 75 2,494,132
February 80 73 76 3,336,072
March 76 72 73 2,430,367
April 74 67 68 3,505,450
May 70 65 65 2,798,689
June 68 53 62 2,969,694
July 78 62 69 3,646,365
August 78 65 76 4,990,664
September 80 74 77 3,491,340
October 87 75 85 8,055,741
November 91 75 78 7,230,085
December 81 73 74 2,252,384
2024 2023
Shares Price
(in IDR) Closing Closing
Opening Highest Lowest Opening Highest Lowest
Price Price
First Quarter 78 80 72 73 81 89 68 69
Second Quarter 73 74 53 62 69 79 67 73
Third Quarter 63 80 62 77 73 89 73 84
Fourth Quarter 77 91 73 74 84 87 74 78
2024 2023
Shares Volume
Highest Lowest Highest Lowest
First Quarter 11,152,400 407,600 35,121,700 337,800
Second Quarter 11,061,200 322,400 32,080,000 478,800
Third Quarter 37,328,400 521,100 53,853,400 961,700
Fourth Quarter 38,180,600 263,000 25,059,900 546,400
Market
Shares Performance
2024 2023 Capitalization 2024 2023
(in IDR)
(in IDR)
Highest Price 91 89 First Quarter 2,740,458,924,257 2,590,296,791,421
Lowest Price 53 67 Second Quarter 2,327,513,058,958 2,740,458,924,257
Price at the end of the year 74 78 Third Quarter 2,890,621,057,093 3,153,404,789,556
Earnings Per Share 7.79 6.36 Fourth Quarter 2,777,999,457,466 2,928,161,590,302
Shares Ownership as of
Number of Shareholders Number of shares Ownership Portion
December 2024
Local 10,398 10,299,981,898 27.16%
Local Individual 10,350 6,317,955,036 16.66%
Local Institution 48 3,982,026,862 10.50%
Foreign 45 27,619,748,616 72.84%
Foreign Individual 15 5,760,469 0.02%
Foreign Institution 30 27,613,988,147 72.82%
Total 10,443 37,919,730,514 100.00%
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26 Opening Business and Functional Review Financial Review
Shares Highlights
Capital Structure
Nominal value of IDR100 per share
Description
Number of shares Nominal Amount
Authorized capital 60,000,000,000 IDR 6,000,000,000,000
Total Issued and Paid-Up Capital 37,919,730,514 IDR 3,791,973,051,400
Number of Shares in Portepel 22,080,269,486 IDR 2,208,026,948,600
Chronology of Shares Listing
Shares Listed on
Additional New Paid-Up Shares Nominal Value
Recording Date Description/Corporate Actions the Indonesia
Shares Capital (IDR)
Stock Exchange
16 April 2007 Capital prior to Initial Public Offering (IPO) - 1,429,245,170 - 100
3 July 2007 Initial Public Offering (IPO) 300,000,000 1,729,245,170 1,711,952,718 100
8 January 2008 Merger (Shares Conversion of PT Bank Multicor, Tbk 1,013,000,000 2,742,245,170 2,714,802,718 100
into PT Bank Windu Kentjana International, Tbk)
July 2010 Limited Public Offering I 1,014,630,713 3,756,875,883 3,719,307,123 100
to the Company’s Shareholders on the issuance of
Pre-emptive Rights (HMETD) to the Shareholders with
offering price amounting to IDR 200 per share.
July 2012 Limited Public Offering II 525,962,624 4,282,838,507 4,240,010,121 100
to the Company’s Shareholders on the issuance of
Pre-emptive Rights (HMETD) to the Shareholders
with offering price amounting to IDR 200 per share
along with the issuance of Series I Warrant
July - November 2013 Conversion of 5,283 Series I Warrant into Shares 5,283 4,282,843,790 4,240,015,404 100
December 2013 Limited Public Offering III 1,627,480,640 5,910,324,430 5,851,221,186 100
to the Company’s Shareholders on the issuance of
Pre-emptive Rights (HMETD) to the Shareholders
with offering price amounting to IDR 125 per share
along with the issuance of Series II Warrant
May – December Conversion of 570,000 Series I Warrant into Shares 570,000 5,910,894,430 5,851,791,186 100
2014
January – December Conversion of 587,404,171 Series I Warrant and 625,392,105 6,536,286,535 6,460,737,221 100
2015 37,987,934 Series II Warrant into Shares
January – July 2016 Conversion of 11,453,773 Series II Warant into Shares 11,453,773 6,547,740,308 6,482,262,901 100
25 July 2016 Limited Public Offering IV 10,083,519,837 16,631,260,145 16,456,934,930 100
to the Company’s Shareholders on the issuance of
Pre-emptive Rights (HMETD) to the Shareholders
with offering price amounting to IDR 100 per share
September – Conversion of 200,606 Series II Warrant into Shares 200,606 16,631,460,751 16,366,239,742 100
December 2016
2020 Limited Public Offering V 21,288,269,763 37,919,730,514 37,540,533,209 100
to the Company’s Shareholders on the issuance of
Pre-emptive Rights (HMETD) to the Shareholders
with offering price amounting to IDR150 per share
2024 During 2024 there was no addition of new shares - 37,919,730,514 37,540,533,209 100
Page 27
Corporate Governance Corporate Information Financial Statement Annual Report 27
Financial Highlights
(in million IDR)
BALANCE SHEET 2024 2023 2022 2021 2020 2019
Total Assets 33,545,461 27,851,946 25,022,953 26,194,548 25,235,573 18,893,684
Loans 23,463,801 19,359,978 16,687,285 13,772,663 14,729,081 13,858,412
Securities 6,815,620 4,506,619 893,950 1,108,110 1,174,538 1,699,912
Placement with Other Banks 241,425 44,999 279,436 659,148 256,464 -
Customer Funds 23,357,473 19,986,812 17,946,578 19,274,009 18,452,403 12,861,778
Deposits from Other Banks 844,674 324,650 68,011 74,122 40,012 1,593,888
Equity 6,841,796 6,540,557 6,199,237 6,081,204 6,016,716 2,794,858
Liabilities 26,703,665 21,311,389 18,823,716 20,113,344 19,218,857 16,098,826
(in million IDR)
STATEMENT OF PROFIT AND LOSS 2024 2023 2022 2021 2020 2019
Interest Income 2,141,940 1,690,178 1,322,606 1,248,020 1,282,612 1,298,866
Net Interest Income 995,810 956,879 803,954 720,832 562,357 559,891
Other Operating Income 90,676 43,494 68,965 64,092 64,328 70,192
Other Operating Expenses 554,024 543,791 529,401 500,920 514,337 493,623
Operating Income 375,542 302,702 170,654 108,928 57,056 114,488
Non-Operating Income (Expenses) 6,747 7,099 5,088 (4,914) 6,647 (2,152)
Income Before Tax 382,289 309,801 175,742 104,014 63,703 112,336
Net Income (Loss) 295,402 241,291 135,959 79,392 49,979 78,967
Income Attributable to Owners of the 295,402 241,291 135,959 79,392 49,979 78,967
Company
Income Attributable to Non-Controlling
Interests
Comprehensive Income (Loss) 301,239 341,320 118,032 64,487 85,541 278,700
Comprehensive Income Attributable to 301,239 341,320 118,032 64,487 85,541 278,700
Owners of the Company
Comprehensive Income Attributable to
Non-Controlling Interests
Earnings per Share (in full Rupiah) 7.79 6.36 3.59 2.09 1.91 4.75
(in million IDR)
ASSETS QUALITY 2024 2023 2022 2021 2020 2019
Earning Assets 32,286,342 26,671,589 23,905,067 24,813,815 23,823,521 16,257,504
Non-Earning Assets 207,885 215,913 233,616 232,837 247,766 245,592
Total Earning and Non-Earning Assets 32,494,227 26,887,502 24,138,683 25,046,652 24,071,287 16,503,096
Page 28
28 Opening Business and Functional Review Financial Review
Financial Highlights
FINANCIAL RATIO (%) 2024 2023 2022 2021 2020 2019
Capital
CAR Credit Risk 32.78% 40.76% 35.57% 41.56% 38.60% 18.68%
CAR Credit and Market Risks 32.20% 39.76% 35.24% 41.20% 38.05% 18.60%
CAR Credit Market and Operational 30.72% 37.45% 32.73% 37.96% 35.28% 17.40%
Risks
Fixed Assets to Capital Ratio 11.48% 12.88% 12.08% 15.75% 23.67% 35.71%
Assets Quality
Non-Performing Earning and 1.78% 2.21% 2.70% 3.33% 2.35% 2.61%
Non-Earning Assets to Total Earning and
Non-Earning Assets
Non-Performing Earning Assets to Total 1.54% 2.09% 2.37% 2.44% 1.82% 2.09%
Earning Assets
Allowance for Impairment Losses of 1.40% 1.93% 1.90% 1.19% 0.73% 0.80%
Financial Assets to Earning Assets*
NPL Gross 2.12% 2.87% 3.40% 4.39% 2.94% 2.52%
NPL Net 0.82% 0.77% 0.93% 2.45% 1.92% 1.64%
Profitability
ROA 1.22% 1.22% 0.69% 0.41% 0.29% 0,71%
ROE 4.78% 4.11% 2.40% 1.43% 1.27% 4,15%
NIM 3.50% 4.18% 3.54% 3.12% 2.82% 3,83%
BOPO 83.39% 82.76% 87.76% 92.75% 97.70% 91.49%
Profit/Loss To Income Ratio 12.98% 13.61% 9.63% 5.92% 3.64% -
Cost to Income Ratio 53.95% 58.33% 61.59% 66.87% 89.93% -
Liquidity
LDR 100.46% 96.86% 92.98% 71.46% 79.82% 107.75%
Compliance
Violation of Legal Lending Limit
a. Related Party 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
b. Unrelated 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Exceedances of Legal Lending Limit
a. Related Party 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
b. Unrelated 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Statutory Reserves Requirement in 7.85% 8.83% 9.62% 5.61% 3.94% 0.00%
Rupiah
Statutory Reserves Requirement in 4.14% 4.38% 4.58% 6.24% 5.91% 8.17%
Foreign Currency
Net Open Position 0.05% 0.17% 0.40% 0.11% 0.17% 0.64%
Others
Liability to Equity Ratio 390.30% 325.83% 303.65% 330.75% 319.42% 576.02%
Liability to Assets Ratio 79.60% 76.52% 75.23% 76.78% 76.16% 85.21%
Page 29
Corporate Governance Corporate Information Financial Statement Annual Report 29
Page 30
30 Opening Business and Functional Review Financial Review
Significant Events
1. Grand Opening of PIK Gold Coast sub-branch office 5. Social Assistance for Scavengers and Underprivileged
CCB Indonesia held Grand Opening of PIK Gold Coast sub- Families
branch office on 12 January 2024. In the framework of the holy month of Ramadan, CCB Indonesia
provided logistic assistance to scavengers and underprivileged
2. Annual Meeting of CCB Indonesia families, including children who live in the shelter housing area of
CCB Indonesia held an Annual Meeting which was attended Jati Padang, Pasar Minggu, South Jakarta, through Green Indonesia
by Board of Commissioners, Board of Directors, Division Heads, Foundation, on 22 March 2024. Besides that, CCB Indonesia also
Regional Heads and Branch Managers throughout Indonesia provided school assistance by sponsoring to get School Diploma
on 1-2 February 2024 at Sahid Hotel, Jakarta. for the fostered children, so that they can continuing school to a
higher level, with the aim of getting a better life.
3. Social Assistance for Jamrud Biru Foundation
CCB Indonesia provided social assistance for logistical needs 6. InfoBank - Digital Brand Award
at the Jamrud Biru Foundation which takes care of 140 people CCB Indonesia has received the "Digital Brand Award - The
with mental disabilities in Bekasi on 28 February 2024. Best Mortgage Loan Conventional Bank" award from
Infobank magazine on 1 April 2024 in Jakarta.
4. GCG Award 2024
CCB Indonesia has received the Award "Indonesia Excellence 7. Annual GMS in Hybrid Manner
Good Corporate Governance Awards 2024 - GCG Innovation CCB Indonesia held a hybrid Annual General Meeting of Shareholders
for Better Implementation in Business Ethics and Sustainability" (AGMS), with limited physical presence and also electronically by
from "Warta Ekonomi" magazine on 5 March 2024 in Jakarta. using the eASY.KSEI application for e-Proxy, e-Voting and GMS
zoom display on 7 June 2024 at the head office of CCB Indonesia.
Page 31
Corporate Governance Corporate Information Financial Statement Annual Report 31
Significant Events
8. Top Bank Award 2024 12. Indonesia Best Bank 2024
CCB Indonesia has received the "Top Bank Award 2024 for KBMI CCB Indonesia received "Indonesia Best Bank 2024” for Strategies
2 category" from The Iconomic on 20 June 2024 in Jakarta. Implementation through business development, category
KBMI 2 Private Foreign Banks’ from Warta Ekonomi magazine
9. Social Visit to Brayat Pinuji Orphanage, Kulon Progo, on 31 July 2024
Yogyakarta
CCB Indonesia carried out a social visit by providing logistical 13. InfoBank Award - The Excellent Performance Bank in
assistance, especially basic necessities to the Brayat Pinuji 2023 (KBMI 2)
Orphanage, Boro, Central Java which cares for 109 children CCB Indonesia received "The Excellent Performance Bank in 2023
from toddlers to teenagers on 24 July 2024. (KBMI 2)” Award from Infobank magazine on 29 August 2024.
10. Sustainable Greening Program 14. Best Performance Bank KBMI II Category
As a continuation of the planting of tree seedlings, within the CCB Indonesia received "Best Performance Bank KBMI II category”
framework of the Sustainable Greening program, especially in award from Bisnis Indonesia Daily on 18 September 2024.
arid areas, CCB Indonesia also provided assistance for the care
and watering of tree seedlings that have been planted during 15. School Assistance for Baiturrahim Integrated
the dry season so that the seedlings grow strong, in Eramoko Islamic Primary School
District, Sumberharjo Village, Sindukarto Village, Puloharjo CCB Indonesia provided school assistance in the form of
Village, Wonogiri, Central Java. computer equipment, school supplies, stationery, supplies for
prayer, and others for Baiturrahim Integrated Islamic Elementary
11. Social Visit to Bhakti Asih Multiple Disability School in Bekasi on 19 September 2024.
Orphanage, Semarang
CCB Indonesia conducted a social visit by providing logistical 16. Social Visit to Mekar Lestari Orphanage
assistance and other needs to the Bhakti Asih Multiple Disability CCB Indonesia carried out a social visit by providing logistical
Orphanage, Semarang, Central Java, which cares for 38 children assistance and a number of computer equipment to Mekar
with multiple disabilities on 26 July 2024. Lestari Orphanage, which cares for 33 children from toddlers
to teenagers on 20 September 2024.
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32 Opening Business and Functional Review Financial Review
Significant Events
17. CCB Indonesia Support Education for Marginal and 20. Sustainable Greening Program "Green Harmony"
Underprivileged Children Banyumas, Central Java
CCB Indonesia supported education for 150 Marginal and In order to support the reforestation program and preserve
Underprivileged children by providing literacy training, and nature through tree planting, which will be able to absorb
donated a number of computer equipment and stationery to carbon to reduce the impact of climate change, CCB Indonesia
"Sahabat Anak Grogol" Foundation on 12 October 2024. has planted 500 durian trees in Karang Tengah, Banyumas,
Purwokerto, Central Java for 500 heads of farming families in
18. Social Visit to Fajar Baru Orphanage collaboration with Yayasan Benih Baik Indonesia on 3 December
CCB Indonesia conducted a social visit by providing logistical 2024.
assistance and school needs to the Fajar Baru Orphanage which
cares for a total of 128 school-age children in Mekar Sari, Depok 21. Extraordinary GMS in Hybrid Manner
City on 13 November 2024. CCB Indonesia held a hybrid Extraordinary General Meeting of
Shareholders (EGMS), with limited physical presence and also
19. Financial Education Literacy for Santri, Banyumas, electronically by using the eASY.KSEI application for e-Proxy,
Central Java e-Voting and GMS zoom display on 20 December 2024 at the
CCB Indonesia conducted Financial Literacy for 400 students head office of CCB Indonesia.
at Nurul Huda Islamic Boarding School, Banyumas, Central Java
to improve their understanding and skills. This activity was
supported by Financial Services Authority (OJK) Purwokerto
and in collaboration with Yayasan Benih Baik Indonesia on 2
December 2024. This Financial Literacy activity includes training
on personal financial management, business planning, and
utilization of appropriate financial services as provisions to
prepare for the future of the students.
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Corporate Governance Corporate Information Financial Statement Annual Report 33
Strategic Policy
The Bank's policy is directed at accelerating the development of the corporate banking
business, especially infrastructure financing, and supporting the development of the
SME sector, which is in line with the government program
CCB Indonesia in short and medium term directs its strategic ▪ Ensure sufficient CAR and liquidity for business development
policy on business improvement, good corporate governance onwards.
implementation, IT system development, process effectiveness ▪ Stay consistent in improving the implementation of good
and cost efficiency encouragement, and human capital corporate governance (GCG) and improving the risk management
professionalism and competence improvement. The direction system to a more advanced level.
of the Bank's policy is in line with the government program, in ▪ Optimizing existing offices, towards developing digital banking
this case infrastructure financing and supporting the development gradually.
of SME sector. ▪ Improving the quality of human capital by increasing the scale
of training programs and more diverse development
The forward-looking strategic direction is aimed at : opportunities.
▪ Develop business prudently and conservatively in the corporate ▪ Strengthening IT system infrastructure to improve the
banking segment, along with the retail segment, namely effectiveness, efficiency and business capabilities of bank.
commercial banking and small and medium scale enterprises Development and utilization of technology to manage risk,
(SMEs), as well as consumer banking, taking into account the facilitate control, AML functions and anti-fraud, as well as product
harmony of economic, social and environmental interests. and service development.
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34 Opening Business and Functional Review Financial Review
Report of Board of Commissioners
Board of Commissioners deemed that Board of Directors and management had
performed the measures of management in accordance with their roles, responsibilities
and authorities properly during 2024
By expressing gratitude to God Almighty. On this occasion, Board of Commissioners hereby submits the Board of Commissioners' Report
on the performance of CCB Indonesia in 2024.
According to the results of the supervision and evaluation, Board of Commissioners generally concluded that Board of Directors and
management had performed management measures in accordance with their roles, responsibilities and authorities.
Board of Commissioners assessed the achievement of performance in 2024 as generally favorable in accordance with the Bank's Business
Plan, especially in terms of profitability, loan quality, and maintaining liquidity position. Management has implemented prudential principles
in carrying out business during 2024.
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Corporate Governance Corporate Information Financial Statement Annual Report 35
Report of Board of Commissioners
The results of the Risk-Based Bank Rating in December 2024 by self- Based on the Decree of Board of Directors No. 016/SK-DIR/KP-JKT/
assessment obtained a composite rating with a value of “2”, which III/2024 dated 7 March 2024, the composition of Risk Monitoring
reflects the Bank's generally sound condition, therefore it is considered Committee is as follows:
capable of facing significant negative influences from changes in
business conditions and other external factors, taking into account Chairman:
the assessment factors, namely risk profile, implementation of good Yudo Sutanto, Nyoo (Independent Commissioner)
corporate governance, profitability, and capital.
Members:
In order to support the Bank's business policies, which have been 1. Mohammad Sumarsono (Independent Party)
established in the implementation of the Bank's supervisory role, 2. Mulyadi
Board of Commissioners, assisted by Audit Committee, Risk Monitoring
Committee, and Remuneration and Nomination Committee, During 2024 there were no changes in the membership of
continues to encourage the Bank's management in improving Remuneration and Nomination Committee, with the composition
performance by enhancing the planning quality, internal control as follows:
functions, evaluating the formulation and implementation of
policies in the field of risk, as well as evaluating and providing input Chairman:
on remuneration and nomination policies to the Board of Directors. Muhamad Hasan (Independent Commissioner)
During the 2024 period, there were changes to the composition Members:
of Board of Commissioners as follows: 1. Qi Jiangong (Commissioner)
2. Irwan Bonto (Human Capital Division Head)
Board of
2024 2023 The membership and composition, as well as the independence
Commissioners
President Commissioner - Sun Jianzheng* of the members of all Committees under the supervision of Board
of Commissioners have complied with the provisions of Financial
Commissioner Guo Meijun*** Qi Jiangong**
Services Authority.
Independent Commissioner Mohamad Hasan Mohamad Hasan
Independent Commissioner Yudo Sutanto, Nyoo Yudo Sutanto, Nyoo Board of Commissioners has a Board of Commissioners Charter
(BOC Charter) that includes Work Ethics, Working Hours and Meetings,
* Mr Sun Jianzheng has ended his tenure as President Commissioner effective 7 June
Duties and Responsibilities, Rights and Authorities, Working
2024. The Company would like to express appreciation and gratitude for his services
to the Company during his previous term as President Commissioner of the Company. Relationships, Performance Appraisal and Evaluation.
** Mr Qi Jiangong has resigned from his position as President Commissioner effective
20 December 2024, previously Mr Qi Jiangong was appointed as President Commissioner
at Annual General Meeting of Shareholders on 7 June 2024 and effective 2 December Board of Commissioners also has Guidelines for Organizing Board
2024. The Company would like to express appreciation and gratitude for his services of Commissioners Meetings, by referring to Financial Services
to the Company during his previous term as President Commissioner of the Company.
*** Ms Guo Meijun was appointed as Commissioner at Annual General Meeting of
Authority Regulation No. 33/POJK.04/2014 dated 8 December 2014
Shareholders on 7 June 2024 and effective on 2 December 2024. regarding Board of Directors and Board of Commissioners of Issuers
In accordance with the provisions, the number of members of Board of or Public Companies, as well as Code of Conduct of Board of
Commissioners of the Bank is not less than 3 (three) persons and does Commissioners, which includes regulating the Performance
not exceed the number of members of Board of Directors. The members Assessment and Evaluation of the Board of Commissioners.
of Board of Commissioners consist of Independent Commissioners and
Non-Independent Commissioners, with the composition of 50% of the Board of Commissioners continuously monitors factors that affect
members of Board of Commissioners is Independent Commissioners, the Bank’s soundness, namely aspects of risk profile, implementation
as stipulated in the Code of Conduct of Board of Commissioners. The of good corporate governance, profitability, capital, as well as
determination of the number of members of Board of Commissioners continues to encourage management to be consistent from strategy
considers the condition and scale of the Bank. formulation to strategy implementation, including the targets set
in the Bank's Business Plan can be achieved. Periodically, Board of
Based on the Decree of Board of Directors No. 017/SK-DIR/KP-JKT/III/2024 Commissioners holds Board of Commissioners meetings, as well
dated 7 March 2024, the composition of Audit Committee is as follows: as Board of Commissioners meetings with Board of Directors in
order to carry out the supervisory function of the Bank's business
Chairman: activities in accordance with the determined strategic plan. Every
Mohamad Hasan (Independent Commissioner) semester, Board of Commissioners submits the Business Plan
Supervision Report to Financial Services Authority in accordance
Members: with the provisions. In general, the Bank has been able to comply
1. Mohamad Hassan (Independent Party) with the provisions of Financial Services Authority and other
2. Mohammad Sumarsono (Independent Party) regulatory authorities.
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36 Opening Business and Functional Review Financial Review
Report of Board of Commissioners
In the view of Board of Commissioners, CCB Indonesia has Profit After Tax in 2024 was IDR 295.40 billion, an increase of 22.42%
implemented good corporate governance in accordance with the compared to 2023 of IDR 241.29 billion, with an achievement of
prevailing laws and regulations, which is realized in: 100.23% of the business plan target.
- Implementation of duties and responsibilities of Board of
Commissioners and Board of Directors; Loan disbursement increased by 21.20% year on year from IDR
- Completeness and implementation of the duties of committees 19.36 trillion as of 31 December 2023 to IDR 23.46 trillion as of 31
and work units that carry out the Bank's internal control function; December 2024, with 105.39% achievement of the business plan.
- Implementation of the functions of compliance, internal auditors, While Third Party Funds on a year on year basis increased by 16.86%
and external auditors; from IDR 19.99 trillion to IDR 23.36 trillion as of 31 December 2024,
- Implementation of risk management, including internal control or 103.30% of the business plan target. The Bank managed to
system; improve the effectiveness of its intermediary function by optimizing
- Provision of funds to related parties and provision of large funds; the Loan to Deposits Ratio (LDR). As loans increased, total assets
- Bank's strategic plan; as of 31 December 2024 also increased by 20.44% year on year
- Transparency of the Bank's financial and non-financial condition. from IDR 27.85 trillion to IDR 33.55 trillion, or 109.49% of the business
plan target.
Frequency and Method of Providing Advice from
Board of Commissioners to Board of Directors In terms of equity, the Bank's equity increased from IDR 6.54 trillion
as of December 2023, to IDR 6.84 trillion as of December 2024,
Board of Commissioners does not only play a supervisory role but which was better than the business plan target.
also an active role in terms of providing advice. The advice provided
by Board of Commissioners to Board of Directors is carried out both Achievement of profitability ratios, namely Return On Assets (ROA)
formally in meetings, as well as informally at every opportunity and Return On Equity (ROE) as of 31 December 2024 were 1.22%
with all of the Board of Directors or with one of the Directors. and 4.78% respectively, compared to business plan targets of 1.28%
and 4.79% respectively. Net Interest Margin (NIM) of 3.50% was also
Board of Commissioners meetings in its implementation are categorized compared to the business plan of 3.69%. As of 31 December 2024,
as formal meetings into 3 (three) types of meetings, namely: loan quality of gross NPL at 2.12% and net NPL at 0.82% were better
1. Board of Commissioners meetings, namely internal meetings than the targets of 2.67% and 0.87% respectively. Capital Adequacy
of Board of Commissioners which in 2024 have been held 6 Ratio (CAR) as of 31 December 2024 reached 30.72% compared to
(six) times, 5 (five) of which were attended by all members of the business plan projection of 31.59%.
Board of Commissioners, and were held virtually via teleconference
and offline. Board of Commissioners assesses that the implementation of good
2. Board of Commissioners inviting the Board of Directors meetings, corporate governance in CCB Indonesia has been carried out
namely Board of Commissioners Meeting with Board of Directors properly and sustainably, by maintaining the fulfilment of the
were conducted virtually via teleconference and offline which principles of Good Corporate Governance in every business activity
has been held 3 (three) times in 2024. at all levels or levels of the organization is an important factor to
3. Committee meetings under the supervision of Board of gain the trust of stakeholders, including: shareholders/investors,
Commissioners, consisting of Audit Committee Meetings, Risk customers, correspondent banks, government/regulators, employees,
Monitoring Committee Meetings, and Remuneration and suppliers as well as the community in the work environment of
Nomination Committee Meetings which the Committee CCB Indonesia, as the results of the Good Corporate Governance
Meetings may also invite Directors or members of the Board assessment also affect the assessment of the Risk-Based Bank Rating
of Directors if necessary. (RBBR).
The Bank has held an Annual General Meeting of Shareholders In the context of implementing sustainability finance, CCB Indonesia
(AGMS) on 7 June 2024 on a hybrid manner, namely with limited carries out business activities in a responsible manner, by integrating
physical presence and electronically using the eASY.KSEI application environmental, social and governance aspects within the framework
for e-Proxy, e-Voting and GMS zoom display at head office of CCB of sustainable finance, including by providing loans for environmentally
Indonesia. In addition, the Bank also held a hybrid Extraordinary sound business activities, namely to parties that have social and
GMS on 20 December 2024 at the head office of CCB Indonesia. environmental concerns (green companies), and implementing
sustainable greening programs, as well as financial literacy and
The Bank's financial performance showed consistent strengthening inclusion programs. Thus, the business growth of CCB Indonesia
in various financial indicators, namely profitability, efficiency and asset will have a good impact on the preservation of the planet and the
quality. The following is a review of financial performance in 2024: welfare of the community environment.
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Corporate Governance Corporate Information Financial Statement Annual Report 37
Report of Board of Commissioners
Indonesia's economic growth remains consistently good amid the efficiency with CIR of 51.74% and BOPO of 82.64%; and profitability
global economic slowdown and geopolitical uncertainty, based with ROA of 1.24% and ROE of 5.05%.
on data from Central Statistics Agency (BPS), overall economic
growth in 2024 was recorded strong growth of 5.02% (yoy). Board of Commissioners assesses the Bank's good prospects in the
future and the upcoming strategic policy measures prepared by
Indonesia's economic growth in 2025 is estimated at 5.2% and the Board of Directors through the Bank's Business Plan are good and
inflation rate is maintained at around 2.5%, according to the 2025 realistic to the Bank's internal and external conditions. The business
Draft State Budget (RAPBN) set by the Indonesian government. On strategy has been reported to Board of Commissioners by Board of
the other hand, banking in Indonesia is also showing optimism, Directors, including business implementation plans based on prudential
with expected loan growth in 2025 between 9-11%. principles, adequate internal control systems, implementation of
good corporate governance and comprehensive risk management.
For the financial projection in 2025, the increase in Loans is targeted
at 15.21%, Third Party Funds are projected with the growth of In conclusion, on this occasion we would like to express our gratitude
18.35% adjusted to LDR position of 97.79%, while Total Assets are for the hard work of Board of Directors, and our appreciation to all
projected to increase by 8.44%, if compared to the position at the shareholders, employees, customers, business partners, banking
end of 2024. and capital market authorities, and other stakeholders for the trust
and great support for CCB Indonesia.
Projected financial ratios for 2025 includes various aspects, namely:
asset quality with gross NPL ratio of 2.35%, net NPL of 1.18%; May God Almighty always guide and protect all of us; thus, we can
capitalization with CAR of 29.89%; liquidity with LDR of 97.79%; embrace the future optimistically.
Board of Commissioners,
Guo Meijun Mohamad Hasan Yudo Sutanto, Nyoo
Commissioner Independent Commissioner Independent Commissioner
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38 Opening Business and Functional Review Financial Review
Report of Board of Directors
The Bank's financial performance in 2024 showed strong and consistent financial results.
Net profit showed an increase of 22.42% y-o-y which was supported by an increase in
lending of 21.20% y-o-y and also strengthening of various financial ratio indicators,
especially profitability, efficiency and asset quality while still adhering to prudential
principles with a strong liquidity and capital position
World economic growth was highlighted by the US economy growing stronger than forecast, supported by fiscal stimulus that improved
domestic demand and increased investment in technology which encouraged productivity gains. In contrary, the economies of Europe,
China, and Japan are still affected by declining consumer confidence and restrained productivity, while the economy of India is still restrained
due to a limited manufacturing sector. Accordingly, 2025 world economic growth outlook is predicted to be higher than the previous
projection to 3.2%.
Indonesia's economic growth remains strong amidst the global economic slowdown, based on data from Central Statistics Agency (BPS),
overall economic growth in 2024 was recorded at strong growth of 5.02% (yoy).
Indonesia's economy remains resilient in 2024 due to domestic demand driven by consumption and investment. The recovery of the
Indonesian economy continues amidst the dynamics of high global uncertainty.
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Corporate Governance Corporate Information Financial Statement Annual Report 39
Report of Board of Directors
Indonesia's balance of payments (NPI) remains healthy, supporting In terms of capital, the Bank's equity increased from IDR 6.54 trillion
external resilience. The trade balance surplus continued in December as of December 2023, to IDR 6.84 trillion as of December 2024, and
2024 at 2.2 billion US dollars influenced by the strong export improved from the business plan target.
performance of Indonesia's main commodities.
Achievement of profitability ratios, namely Return On Assets (ROA)
Indonesia's foreign exchange reserves at the end of December 2024 and Return On Equity (ROE) as of 31 December 2024 were 1.22%
were recorded to have increased to 155.7 billion US dollars, equivalent and 4.78% respectively compared to business plan targets of 1.28%
to financing 6.7 months of imports or 6.5 months of imports and and 4.79% respectively. Net Interest Margin (NIM) of 3.50% was also
servicing of Government external debt, and was above the international compared to the business plan of 3.69%. As of 31 December 2024,
adequacy standard of around 3 months of imports. Rupiah exchange credit quality gross NPL of 2.12% and net NPL of 0.82% were better
rate is manageable amidst high global uncertainty. Consumer Price than the targets of 2.67% and 0.87% respectively. Capital Adequacy
Index (CPI) inflation for 2024 is maintained within its target range of Ratio (CAR) as of 31 December 2024 reached 30.72% compared to
2.5±1%, in line with December CPI inflation of 1.57% (yoy). the projected business plan of 31.59%.
The role of loan/financing in 2024 remains strong in supporting The challenges faced by CCB Indonesia during 2024 are mainly the level
economic growth. Loan growth in 2024 achieved 10.39% (yoy). of competition in the banking industry which is still tight and competitive,
both on the asset and liability side, including margin spreads. The Bank
From the demand side, loan growth was influenced by the maintained continues to set interest rates at competitive and reasonable levels.
interest in the distribution of bank loans, the continued reallocation
of liquid tools to loans by banks, the availability of funding support By the end of 2024 CCB Indonesia has a network of 73 offices,
from the growth of third party funds. On the supply side, loan growth consisting of 1 Head Office, 20 Branch Offices and 52 Sub-Branch
was supported by maintained corporate business performance, Offices, spread across cities in Indonesia such as Jakarta, Bandung,
amidst limited household consumption. Semarang, Solo, Yogyakarta, Surabaya, Denpasar Bali, Mataram
------------------------- Lombok, Palembang, Bandar Lampung, Batam, Pekanbaru,
Source: Bank Indonesia Pontianak, Makassar and Pangkal Pinang. In 2024, CCB Indonesia
opened 1 (one) new office, KCP Melinda III Hospital in Bandung.
The Indonesian Government continues to take further policy
measures needed to support the National Economic Recovery Board of Directors has a Code of Conduct (BOD Charter) that includes
program by paying close attention to the dynamics of the global Work Ethics, Working Hours and Meetings, Duties and Responsibilities,
economy and financial markets and its impact on Indonesia's Rights and Authorities, Working Relationships, Performance Appraisal
economic prospects from time to time to maintain macroeconomic and Evaluation.
and financial system stability, and accelerate national economic
recovery. CCB Indonesia fully supports the implementation of the During 2024 period, there were changes to the composition of the
Government's programs in Asta Cita, including for food resilience, Board of Directors of CCB Indonesia as follows:
economic financing, and acceleration of economy and digital finance.
Board of Directors 2024 2023
During 2024 the financial performance of CCB Indonesia showed President Director Jiang Yongdong* You Wennan*
a number of positive financial ratio indicators, especially the Bank's
Director Zhu Yong Zhu Yong
profitability, efficiency and asset quality performance. Profit After
Tax in 2024 amounted to IDR 295.40 billion, an increase of 22.42% Director - Chandra N.T. Siagian**
compared to 2023 of IDR 241.29 billion, with an achievement of Director Junianto Junianto
100.23% of the business plan target. Director Setiawati Samahita Setiawati Samahita
Compliance Director Agresius R. Kadiaman Agresius R. Kadiaman
Loan disbursement increased by 21.20% year on year from IDR
19.36 trillion as of 31 December 2023 to IDR 23.46 trillion as of 31
* Mr You Wennan has resigned, effective as of 20 December 2024. The Company would
December 2024, achieving 105.39% of the business plan. While
like to express appreciation and gratitude for his services to the Company during his
Third Party Funds on a year on year basis increased by 16.86% from previous term as President Director of the Company. The position of President Director
IDR 19.99 trillion to IDR 23.36 trillion as of 31 December 2024, or was replaced by Mr Jiang Yongdong through the Extraordinary General Meeting of
Shareholders (EGMS) on 20 December 2024 and effective on 14 March 2025.
103.30% of the business plan target. The Bank managed to improve ** Mr Chandra N.T. Siagian passed away on 2 May 2024. The company would like
the effectiveness of its intermediary function by optimizing the to express its appreciation and gratitude for the services rendered by the Deceased
during his tenure as Director of the Company.
Loan to Deposits Ratio (LDR). Along with the increase in Loans,
Total Assets as of 31 December 2024 also increased by 20.44% year Board of Directors has a Board of Directors' Meeting Guidelines, by
on year from IDR 27.85 trillion to IDR 33.55 trillion, or 109.49% of referring to the relevant provisions of Financial Services Authority
the business plan target. regarding Board of Directors and Board of Commissioners of Issuers
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40 Opening Business and Functional Review Financial Review
Report of Board of Directors
or Public Companies, as well as Code of Conduct of Board of activities that support the efforts and Sustainable Development
Directors, which includes regulating the Policy of Board of Directors' Goals of Indonesia which include economic, environmental, and
performance assessment, as well as Performance Assessment and social aspects; in the framework of sustainable financing to support
Evaluation of Board of Directors. the achievement of net zero emission (NZE) targets in Indonesia
until 2060.
In 2024, Board of Directors held 85 (eighty-five) Board of Directors
Meetings, which were generally conducted virtually, and held 4 CCB Indonesia has participated in sustainable greening programs
(four) Meetings with the Board of Commissioners, therefore complied in barren lands that has been continuously implemented in the
with the provisions. past 10 (ten) years through corporate social responsibility which
aims to prevent erosion and avoid landslide hazards.
The result of Risk Based Bank Rating in Semester II 2024 by self-
assessment obtained a composite rating with a value of “2”, which CCB Indonesia encourages loan providers to give more priority to
reflects the condition of the Bank is generally healthy, therefore it environmentally sound business actors with concern for social and
is considered capable of facing significant negative effects from environmental aspects (‘green financing’), such as the business
changes in business conditions and other external factors, taking sector of processing waste into energy sources.
into account the assessment factors, namely risk profile,
implementation of good corporate governance, profitability and CCB Indonesia held the Annual General Meeting of Shareholders
capital. CCB Indonesia obtained 5 (five) consecutive years of idAAA (AGMS) on 7 June 2024 and Extraordinary GMS on 20 December
rating (the highest rating) from the rating agency PT Pefindo, on 2024, both in a hybrid manner namely with limited physical
the basis of capital strength, prospect and support from the attendance and electronically by using the eASY.KSEI application
shareholders of CCB Indonesia. for e-Proxy, e-Voting and GMS zoom display at the head office of
CCB Indonesia.
Board of Directors of CCB Indonesia fully support the implementation
of Sustainable Finance for Financial Service Institutions, Issuers, and In the Draft State Budget (RAPBN) 2025 set by the Indonesian
Public Companies, in accordance with Financial Services Authority Government, the economic growth of Indonesia in 2025 is estimated
Regulation (POJK) No. 51/POJK.03/2017, which is a comprehensive at 5.2% and the inflation rate is kept at around 2.5%. Despite the
support from the financial services sector to create sustainable global economic slowdown and geopolitical uncertainty, the
economic growth by aligning economic, social and environmental domestic economy continues to show resilience.
interests.
One of the main considerations is the continuing high level of
CCB Indonesia is committed to preserving the environment in its global uncertainty and its impact on consumption and investment,
daily operations by integrating environmental, social, and governance the two main drivers of gross domestic product (GDP).
(environmental social governance / ESG) aspects within the framework
of sustainable finance, including by maintaining cleanliness around Banking in Indonesia is showing optimism, with expectations of
the office, providing loans for environmentally sound business loan growth in 2025 between 9-11%.
activities, namely to the parties that have social and environmental
concerns (‘green companies’), implementing sustainable greening For the financial projection of in 2025, the increase in Loans is
programs, and financial literacy and inclusion programs. The targeted at 15.21%, Third Party Funds are projected with the growth
occurrence of climate change or extreme weather, which has of 18.35% adjusted to the LDR position of 97.79%, while Total Assets
recently hit the earth globally and caused various disasters, such are projected to increase by 8.44%, if compared to the position at
as long droughts, drains, landslides. the end of 2024.
In 2024 CCB Indonesia will continue to implement a number of The projected financial ratios for 2025 include: gross NPL ratio of
initiatives to encourage the implementation of the Sustainable 2.35%, net NPL ratio of 1.18%; CAR of 29.89%; LDR of 97.79%; NIM
Finance Action Plan. CCB Indonesia will consistently support of 3.31%; ROA of 1.24% and ROE of 5.05%. In developing business
government policies by implementing programs with economic volume, the Bank always adheres to the principle of prudence.
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Corporate Governance Corporate Information Financial Statement Annual Report 41
Report of Board of Directors
Strategies and policy strategies are directed at prudent and conservative CCB Indonesia is committed to always implementing the principles
business development in the corporate banking segment, along of Good Corporate Governance in every business activity.
with the Small and Medium Enterprises (SMEs) segment including
commercial, and consumer banking; maintaining adequate CAR and In implementing Good Corporate Governance, CCB Indonesia
liquidity for business development in the years ahead; implementation builds a corporate culture by applying the principles of corporate
of good corporate governance; development of information technology governance, namely transparency, accountability, responsibility,
systems; encouraging process effectiveness and cost efficiency, and independence and fairness. These five principles are always applied
improving the professionalism and competence of human capital. in the business activities and daily operations of the Bank at all
levels of the organization.
The formulation of these strategies and policies is discussed
intensively by Board of Directors through Board of Directors meetings, On this occasion, Board of Directors expressed the deepest
as well as Board of Directors meetings with Board of Commissioners. appreciation to all stakeholders including regulators for the trust
Periodically, Board of Directors conducts monitoring accompanied and support, as well as the cooperation that has been well
with discussions at Board of Directors meetings to ensure the established over the years, so that the Bank is able to improve its
implementation of strategies and policies can proceed properly. performance. We would also like to express our greatest gratitude
to the Shareholders and Board of Commissioners who have
The widespread and comprehensive implementation of Good entrusted us to manage this Bank, as well as to all employees, the
Corporate Governance will contribute to profitability, value added entire family of CCB Indonesia who with high dedication participated
for stakeholders, and long-term business growth sustainability for together to advance CCB Indonesia.
CCB Indonesia as a public-listed company.
Board of Directors,
Jiang Yongdong
President Director
Zhu Yong Junianto Agresius R. Kadiaman
Director Director Compliance Director
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42 Opening Business and Functional Review Financial Review
Page 43
Corporate Governance Corporate Information Financial Statement Annual Report 43
Business and Functional
02
Review
Anggrek
Bulan Flower of Charm
The moon orchid, chosen as the Puspa Bangsa,
symbolizes Indonesia’s diversity. As a mother plant
producing varied offspring, it reflects the nation’s
rich mix of ethnicities, cultures, and beliefs.
Page 44
44 Opening Business and Functional Review Financial Review
Loan
Corporate Banking 45 CCB Indonesia performs intermediary function
and optimizes efforts to contribute to the national
Commercial Banking 45
economy - lending is aimed at various economic sectors
Consumer Banking 46 with adequate risk management
Small and Medium Enterprise CCB Indonesia continues to encourage the Bank's intermediary function by paying
(SMEs) Loan 46 attention to liquidity position, Loan to Deposits Ratio (LDR) position of 100.46% as of 31
December 2024. In 2024, lending increased by 21% y-o-y from IDR 19.4 trillion per December
Loan by collectability 47 2023 to IDR 23.5 trillion per December 2024, or 105% of the target. As of the end of 2024,
loan quality was well maintained with a gross NPL ratio of 2.12% from the initial target of
2.67%.
Lending is directed to sectors considered potential and prospective with a focus on the
quality and repayment capacity of debtors. The Bank also continues to develop the risk
management function in the lending process, both by reducing manual processes and
replacing them with automation, system improvements and improving the quality of
human resources. Lending measures taken by management are in accordance with
government and Financial Services Authority regulations. In improving the loan portfolio,
CCB Indonesia channelled funds to various sectors, including infrastructure,
telecommunications, consumption, trade, processing industry with domestic raw materials,
services sector, and others.
Page 45
Corporate Governance Corporate Information Financial Statement Annual Report 45
Loan
Accelerating business development in the corporate banking The focus of the industrial sectors for corporate banking include:
segment, along with the retail segment, namely commercial banking infrastructure, manufacturing, natural resources (oil and gas, mining
and small and medium scale enterprises (SMEs), as well as consumer and other materials), transportation (sea, air and land), irrigation
banking, taking into account the harmony of economic, social and systems, petrochemicals, telecommunications, waste recycling
environmental interests. management, real estate/property and electricity generation.
CCB Indonesia has full support from China Construction Bank Corporate Banking develops a number of products on a larger
Corporation as controlling shareholder who has expertise and scale, such as investment loan, working capital loan, syndicated
experience, especially in infrastructure financing, which is in line loan, factoring, commodity financing, trade finance, export credit,
with government programs and supports the Indonesian economy bank guarantees, invoice financing and LC standby. Corporate loan
in general. products include Back to back loan, Current Account Loan, Syndicated
Loan, Investment Loan, Project Financing Loan, Working Capital
CCB Indonesia always maintains diversified loan portfolios in various Loan, and trade finance products.
economic sectors, so that the spread of risk is relatively good.
Lending is directed at sectors that are considered still potential and Commercial Banking
prospective with a focus on the quality and level of ability to repay
debtors' loans. Commercial loans at CCB Indonesia is the provision of credit facilities,
both for companies and individuals, for the needs of working capital
CCB Indonesia is always guided by the conservative principle and and investment financing.
the prudential banking principle. CCB Indonesia is actively extending
credit to existing customers, as well as potential customers to - Working Capital is a credit facility provided to meet the
expand and develop the business, both for working capital needs, necessary working capital requirements in one business cycle,
as well as other needs. CCB Indonesia continues to strive to finance and/or special working capital needs such as to finance inventory/
important industrial sectors to support business growth and receivables/projects or other special needs which, according
contribute to the economy. to CCB Indonesia's provisions, are appropriate to be financed.
▪ Credit limit as needed
In the context of implementing sustainability finance, providing ▪ Credit can be given in Rupiah or foreign currency
loans for environmentally sound business activities, namely to ▪ The period of up to a maximum of 1 year and can be
parties who have a concern for the environment (green company). extended as needed
CCB Indonesia encourages credit providers to give priority to ▪ The nature of revolving or non-revolving credit
business actors who carry out their business by prioritizing
environmentally sound aspects. - Investment is a credit facility provided to finance the needs
of capital goods in the context of rehabilitation, modernization,
Corporate Banking expansion, establishment of new projects and/or special needs
related to investment.
Financing in the Corporate Banking segment is aimed at domestic ▪ Credit limit as needed
private companies, Indonesian conglomerate companies, state- ▪ Credit is given in Rupiah or foreign currency
owned companies as well as Chinese corporations that invest and ▪ Long-term (more than 1 year) adjusted to the project plan
do business in Indonesia. Development of distribution to the
corporate banking segment, related to controlling shareholder, Continuing the conditions in the preceding period, CCB Indonesia's
CCB Corporation, which has expertise and experience in handling commercial loans play an important role in channelling funds
corporate banking, especially for infrastructure financing and trade through credit. This shows the role and contribution of CCB Indonesia
finance. to help grow the Indonesian economy by encouraging the growth
of the business sector in society.
Financing in the infrastructure sector is in line with current
government programs, by providing financing solutions for CCB Indonesia's lending policy is guided by the principle of
government projects through arranging or participating in prudential banking. Increasing the loan portfolio to various
syndicated financing with CCB Corporation groups, or externally potential and quality business sectors that support the growth
with other banks; as well as the "one belt - one road" program of the Indonesian economy remains spread evenly, so as to avoid
development initiative in Indonesia. concentrated risk.
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46 Opening Business and Functional Review Financial Review
Loan
Consumer Banking Ease of access and premium quality services to customers and
prospective customers with a focus on prospective areas as a
In distributing consumer credit, CCB Indonesia has implemented consumer credit marketing channel.
a number of attractive program promos for customers, including
product exhibitions and promotions in public places, as well Small and Medium Enterprise (SMEs) Loan
as providing special promotions for Mortgage Loan programs.
CCB Indonesia also cooperates with a number of major The SME sector has become one of the priorities in credit disbursement
developers to offer mortgage facilities for consumers of the within the banking industry, in addition to having still wide opportunities,
main developers. it has been proven to be relatively more resilient in a crisis situation that
has occurred several times in Indonesia. Lending to SMEs is also in line
CCB Indonesia develops innovative products and improves service with government programs to encourage the improvement of SMEs
quality. Customer needs is continuously monitored and the results in Indonesia. Efforts to increase lending to the SME segment with wider
are used as a basis for continuous improvement in products and risk spreading. Flexibility combined with the conservative principle is
services. the main foundation for this UKM credit, the ability of personnel handling
credit is sharpened by the provision of special training. Besides that, the
In the midst of intense competition in the consumer sector, CCB activity of lending to UKM is also classified as sustainability finance.
Indonesia relies on customer-oriented business models that are
able to provide innovative products according to consumer The number of loans to the MSME sector as on 31 December 2024
needs. was IDR 1,615 billion with the ratio of MSMEs to total loans of 6.89%.
Based on the economic sector, the largest portion of the financing
plan for MSMEs for each group is as follows:
MSME Loans Distribution The Most Dominant Economic Sector Sharing of Groups
Micro Business Loans Transportation and Warehousing 4.72%
Small Business Loans Wholesale & Retail 25.76%
Medium Business Loans Wholesale & Retail 69.52%
Viewed from the type of use, the following loan classifications per position 31 December 2024 compared to the position 31 December 2023:
31 Dec 2024 31 Dec 2023
Type of Loans % %
(in million IDR) (in million IDR)
Working capital 10,581,219 45.10% 8,836,642 45.64%
Investment 11,452,290 48.81% 9,046,948 46.73%
Consumer 1,427,934 6.08% 1,473,201 7.61%
Employee 2,358 0.01% 3,187 0.02%
Total 23,463,801 100.00% 19,359,978 100.00%
In 2024, the concentration of CCB Indonesia's lending in the Manufacturing Industry sector (27.33%), Financial Intermediation (16.23%),
Wholesale and Retail Trade (12.82%), and Electricity, Gas and Water (9.82%), while others were spread across various industrial sectors.
CCB Indonesia continues to maintain the diversification of the loan portfolio relatively spread to various economic sectors, so that the
spread of risk is relatively good.
Page 47
Corporate Governance Corporate Information Financial Statement Annual Report 47
Loan
Loan Data by Economic Sector in 2024
9.82% 7.76%
12.82%
7.64%
6.10%
16.23% 4.79%
3.80%
2.63%
0.44%
0.26%
0.25%
0.07%
27.33% 0.05%
0.01%
Manufacturing Industry Real Estate, rental business, and corporate services
Financial Intermediation Mining
Wholesale and retail trade Accommodation and food and beverage services
Electricity, gas, and water Health services and social activities
Transportation, warehousing, and communication Education Services
Construction Agriculture, hunting, and forestry
Household Fishery
Loan by collectability
(in million IDR)
Description 2024 2023
Current 22,235,207 18,266,779
Special Mention 730,193 536,786
Sub Standard 12,872 245,676
Doubtful 10,516 38,171
Loss 475,013 272,566
Total 23,463,801 19,359,978
Page 48
48 Opening Business and Functional Review Financial Review
Treasury, FI, Trade Finance and International Banking
Financial Institution / FI 49 Treasury role in CCB Indonesia includes assets and liabilities management, liquidity
management, and the net open position (NOP) in accordance with applicable regulations.
Transaction Banking 49
Treasury also acts as a profit center through securities trade and foreign exchange
Trade Finance 50 transactions, either for customer's benefit or Bank’s benefit.
International Banking 50 Treasury is actively and dynamically managing Bank's liquid assets portfolio to diversify
its fund placement. Bank conducts placement in the inter-bank market, State Treasury
Notes, Bank Indonesia Certificate and Corporate Bonds.
For foreign exchange transactions, Treasury strengthens its cooperation with corporate
and commercial segments to cover a larger client network. The diversity of products
offered are also tailored to customer's requirements. Thus, Bank's marketing strategy to
market Treasury product solutions can be more optimal. Bank has offered Treasury service
solutions in the form of foreign exchange transactions of Spot, Forward, Swap and various
hedging product solutions.
Moreover, with the expansion of inter-bank network owned, Treasury is now participating
more actively in the money market transactions and foreign exchange markets. Without
ignoring the precautionary principle, Treasury is expected to provide optimal and sustainable
income from this inter-bank market.
Facing the existing economic challenges, Treasury is expected to continue to take the
initiative in developing existing products and businesses. Existing opportunities will
continue to be explored to provide reliable solutions for the needs of foreign exchange
transactions and customer hedging.
Page 49
Corporate Governance Corporate Information Financial Statement Annual Report 49
Treasury, FI, Trade Finance and International Banking
CCB Indonesia is one of the Indonesian Appointed Cross Currency the effectiveness of monetary policy transmission and encourage
Dealer (ACCD) Banks in the Implementation of Bilateral Transactions financial system stability by increasing the number of Global Master
with Local Currency Settlement (LCS) between Indonesia and China. Repurchase Agreement (GMRA) signings with counterparties in
Bank Indonesia (BI) and the People's Bank of China (PBC) since 2021 Indonesia. This GMRA agreement is one of the main requirements
officially started the implementation of cooperation in the settlement before carrying out a repo transaction with a counterparty.
of bilateral transactions with local currencies between Indonesia and
China. The framework for this cooperation includes, among others, In order to strengthen long-term funding and improve liquidity,
the use of direct quotations and relaxation of certain regulations in CCB Indonesia has established bilateral cooperation with partner
foreign exchange transactions between Rupiah and Yuan. banks through Bilateral Loan which aims to strengthen bank liquidity
and support sustainable growth. This step is taken to ensure the
The implementation of this cooperation is part of Bank Indonesia's bank can continue to grow steadily and maintain optimal liquidity
ongoing efforts to encourage wider use of local currencies in the to deal with market dynamics and evolving operational needs as
settlement of trade transactions and direct investment with various well as to diversify funding sources for CCB Indonesia.
partner countries. The expansion of the use of LCS is expected to
support the stability of the Rupiah through its impact on reducing Transaction Banking
dependence on certain currencies in the domestic foreign exchange
market. In 2024, CCB Indonesia has optimized its Transaction Banking
products and services. The services developed can facilitate the
The use of LCS provides many direct benefits to business actors, needs of both domestic and international trade and account
including: (i) more efficient conversion costs of transactions in management for corporate cash flow, optimize working capital,
foreign currencies, (ii) availability of alternative trade financing and minimize operational risks, and optimize the use of funds generated
direct investment in local currency, (iii) availability of alternative through business and trade activities. Transaction Banking provides
hedging instruments in local currency, and (iv) diversification of comprehensive products and solutions for domestic and cross-
currency exposure used in the settlement of foreign transactions. border payments, trade finance, foreign exchange, and mitigating
payment risks.
Taking into account CCB Indonesia's activeness in the Money Market
and Foreign Exchange Market (PUVA) initiative, in 2023 Bank In the face of competitive business challenges, international
Indonesia (BI) appointed CCB Indonesia as one of initiator banks professional services have been prepared to capture opportunities
as management of the Money Market and Foreign Exchange Market to serve Transnational Company/TNC business activities.
Association Indonesia (APUVINDO), namely a self-regulatory
association formed by transaction performers in PUVA Indonesia Transaction Banking services is to assist customers in carrying out
in the form of banks and consisting of institutions and associations various banking transactions. Various services at competitive costs
that carry out or are related to activities in PUVA Indonesia. and exchange rates, as well as the latest processing systems have
been available to serve the customers.
The purpose of establishing this association is to realize sustainable
and industry-led development of PUVA Indonesia in the product Operation as an implementer of Transactional Banking services
pricing participant and infrastructure aspects in line with the strives to provide excellent and up-to-date services for international
direction of PUVA development. and domestic trade transaction settlement services, bank guarantee
provision and distribution services, foreign exchange fund transfer
Financial Institution / FI services, as well as playing an important role in helping the
implementation of international financing programs, transaction
The Bank also actively plays a role in providing credit line and cooperation financing trading, and implementation of RMB Local Currency
with financial institutions, banks and non-banks such as asset Settlement (LCS), and also becoming direct participant of CIPS so
management, insurance institutions and pension funds. Determining as to further expand the channel for CNY settlement and facilitate
transaction limit for FI facilities has also been using counterparty scoring the FX transactions of customers engaged in import/export trade
method, so the Bank's risk exposure remains prudent. between China and Indonesia.
CCB Indonesia also supports Bank Indonesia's initiative to encourage Bank continues to improve the structure of international trading
the expansion of repurchase agreement (Repo) transaction actors services so as to provide services in accordance with customers’
in order to develop advanced and modern financial markets, increase expectations and needs.
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50 Opening Business and Functional Review Financial Review
Treasury, FI, Trade Finance and International Banking
International banking services is provided to assist customers in
Trade Finance
carrying out various banking transactions. Various services at
CCB Indonesia is able to provide comprehensive Trade Finance competitive costs and exchange rates, as well as the latest processing
product services to assist customers in local or international transactions systems have been available to serve the customers.
such as issuance of Letter of Credit (LC) / Domestic Letter of Credit
(SKBDN), Bank Guarantee / Standby Letter of Credit (SBLC) / Demand Trade Operation as an implementer of international banking services
Guarantee, negotiating / discounting on documents of LC / SKBDN strives to provide excellent and up-to-date services for international
and Documentary Collection, as well as to obtain financing in the and domestic trade transaction settlement services, bank guarantee
form of Trust Receipt Financing, Invoice Financing, Pre-shipment provision and distribution services, foreign exchange fund transfer
Financing, Post-Shipment Financing and Supply Chain Financing. services, as well as playing an important role in helping the
implementation of international financing programs, transaction
In carrying out international transactions, CCB Indonesia collaborates financing trading, and implementation of RMB Local Currency
with the CCB network in several countries, as well as with the Bank's Settlement (LCS).
correspondents both domestically and internationally to improve
the scope and quality of services to customers. Bank continues to improve the structure of international trading
services so as to provide services in accordance with customers’
International Banking expectations and needs.
Facing the challenges of an increasingly competitive business, international
professional services have been prepared in capturing opportunities to
serve the business activities of transnational companies (TNC).
Page 51
Corporate Governance Corporate Information Financial Statement Annual Report 51
Treasury, FI, Trade Finance and International Banking
Page 52
52 Opening Business and Functional Review Financial Review
Human Capital
Education, Training, and Human resources are an important asset to a company.
Development for Human Capital 53 Human capital management as a strategic partner aims
• Total Employees by Employees’
to encourage business growth and support CCB
Status Indonesia's efforts to provide the best for all stakeholders
• Employees’ Composition by
Education Level In 2024, the Bank's human resources management is focused on enhancing employee
• Employees’ Composition by Years competencies to improve adaptation to technological advances and system changes,
of Service increasing employee awareness of compliance, improving credit skills, and developing
• Employees’ Composition by Age other competencies. Changes to the organizational structure were also carried out to
• Employees’ Composition by maintain the effectiveness of the Company's operational performance. Filling vacant
Position positions was prioritized through internal promotions to strengthen risk mitigation
• Employees’ Composition by management and improve operational support for business development. Workforce
Gender quality improvement is carried out through training, both online and offline methods, as
• Employee Turnover well as overseas educational visits.
Improving employee competencies is not only conducted to improve hard skills, but also
soft skills. Soft skills enhancement included leadership training for all employees at the
middle management level. The Bank also enhanced employee skills to help them understand
and adapt to technological developments. The Bank conducted training related to the
implementation of new applications to facilitate daily activities, sent relevant employees
Page 53
Corporate Governance Corporate Information Financial Statement Annual Report 53
Human Capital
for advanced training in cybersecurity, helped socialize cybersecurity the requirements to support the Bank's business development.
knowledge for all employees, and also sent some employees to During 2024, the Bank conducted 286 training programs with a
the information technology development center in Shanghai, China total of 7,098 participants. Compared to 2023, 310 training programs
to learn the new banking system. To improve skills directly supporting were conducted with 8,567 participants. Training programs in 2024
banking operations, CCB Indonesia organized intensive credit were conducted locally and overseas, online and offline, adapted
analysis training for marketing personnel, conducted training to to the needs at the time of activity implementation. In 2024, 59
increase awareness of compliance and regulations, and sent several employees were sent on overseas educational visits, which is higher
employees to Beijing, China to learn about banking operations at compared to only 11 employees in 2023.
CCB Corporation.
The Bank has consistently conducted training programs and
The implementation of training and skills enhancement in 2024 increased employee competence, both carried out inside and
improved in terms of quality compared to previous years. There outside of the bank. The number of participants in education and
were more intensive trainings than in 2023. In 2024 there were training programs during 2024 and 2023 are as follows:
also more overseas educational visits. Workforce quality
enhancement activities were also accompanied by the enhancement Total Participants
of training systems, among others by developing a learning Types of Education and Training
2024 2023
management system that is more in line with current conditions. • Internal Education 6,758 8,290
Training related to the enhancement of specific competencies • External Training 340 277
related to the Bank's activities remains a large part of the training Total 7,098 8,567
program, including risk management competency certification,
competency-based training on Payment System, Treasury
competency training, as well as other training. In addition, training Education and training programs held throughout 2024 with
was also provided to improve employee skills in project materials covering technical skills and soft skills including: Training
management, fire management and consumer protection. Human and introduction to new banking systems or applications, Risk
resources development is conducted through systematic and Management Certification, Payment Systems, credit analysis, Bank
continuous education and training programs, which training Operations / Standard Operating Procedures (SOP), selling skill
materials are adapted to the needs of the Bank in line with the training, AML CFT Training, Compliance field, Induction Program,
development of national and global conditions. Product Knowledge, Training related to personal data protection,
Training related to Cyber Security, Digital Banking, project
In supporting the improvement of human capital quality, development management, as well as various other Seminars and Workshops.
in 2024 was directed at:
• Learning related to the advancement of information technology The number of the Bank's employees as of December 2024
in general, the improvement of information technology systems (excluding outsourcing employees) was 1,131 persons. The Bank
in the Bank's operational activities, and the development of outsources some of the work of non-staff, such as couriers,
cybersecurity drivers, security and cleaning to outsourcing service providers.
• Maintenance of competency certificates and competency- As of 31 December 2024, the number of outsourced employees
based training that is mandatory for Bank employees was 288 persons, bringing the total number of employees
• Education to increase risk and compliance awareness (including outsourced employees) to 1,419 persons.
• Education to improve banking skills, including credit analysis
skills Total Employees by Employees’ Status
• Enforcement of systematic and continuous education and
training programs. 31 Dec 2024 31 Dec 2023
• Cadre formation process for first line management positions, Employees’ Status
Total % Total %
including the promotion of employees to fill strategic positions. Permanent Employees 1,089 96% 1,137 96%
• Ensure code of conduct implementation and increase compliance
Probation Employees 36 3% 37 3%
with applicable provisions and laws in the field of labour
Contract Employees 6 1% 9 1%
Number of employees 1,131 100% 1,183 100%
Education, Training, and Development for Outsourcing 288 - 295 -
Employees
Human Capital Number of employees 1,419 - 1,478 -
Employee training and enhancement programs became a special (including outsourcing
employees)
concern in 2024, and are still being improved in accordance with
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54 Opening Business and Functional Review Financial Review
Human Capital
Employees’ Composition by Education Level Employees’ Composition by Position
(Excluding outsourcing employees) (Excluding outsourcing employees)
31 Dec 2024 31 Dec 2023 31 Dec 2024 31 Dec 2023
Education Level Position
Total % Total % Total % Total %
< Senior High School 213 19% 249 21% Directors 4 0% 6 1%
Academy 119 11% 126 11% Division Head/Regional Head 36 3% 39 1%
Bachelor 760 67% 766 65%
Branch Manager 67 6% 67 9%
Postgraduate 39 3% 42 4%
Department Head 135 12% 151 14%
Total 1,131 100% 1,183 100%
Officer 70 6% 64 5%
Staff 735 65% 765 68%
Employees’ Composition by Years of Service
(Excluding outsourcing employees) Non-Staff 84 7% 91 1%
31 Dec 2024 31 Dec 2023 Total 1,131 100% 1,183 100%
Years of Service
Total % Total %
0-3 years 324 29% 296 25% Employees’ Composition by Gender
3-5 years 84 7% 128 11%
(Excluding outsourcing employees)
5-10 years 338 30% 375 32% 31 Dec 2024 31 Dec 2023
Gender
10-20 years 269 24% 257 22% Total % Total %
> 20 years 116 10% 127 11% Male 544 49% 582 49%
Total 1,131 100% 1,183 100% Female 587 51% 601 51%
Total 1,131 100% 1,183 100%
Employees’ Composition by Age
(Excluding outsourcing employees) Employee Turnover
31 Dec 2024 31 Dec 2023 (Excluding outsourcing employees)
Age
Total % Total % Employee Turnover 31 Dec 2024 31 Dec 2023
< 25 years old 60 5% 48 4% New Employees Recruitment 105 140
25-34 years old 415 37% 450 38%
35-44 years old 362 32% 374 32% Resigned employees 157 160
> 45 years old 294 26% 311 26%
Total 1,131 100% 1,183 100% Total year-end employees 1,131 1,183
Page 55
Corporate Governance Corporate Information Financial Statement Annual Report 55
Information Technology
Development of Information Technology Systems of CCB Indonesia is performed in
a sustainable manner, especially to provide convenience for customers in transactions
Information Technology (IT) as the driving force of business needs needs of the customers. The synergy that is developed across all
to be flexible and reliable to keep up with the dynamic development elements have led to the sustainable growth of CCB Indonesia.
of CCB Indonesia. IT is also an important element in supporting
the Bank's operations. To realize short-term targets in Information Technology, IT
development is also supported by appropriate technology tools
In the era of digitalization, cyber security has become the top to achieve targets with a proper security system. All technological
priority, therefore CCB Indonesia has implemented ISO 27001 activities are carried out in a centralized and integrated manner.
regarding Information Security Management Systems and obtained
the certification. The IT systems development policy is consistently continued in
the future which directs CCB Indonesia to transform its image into
CCB Indonesia consistently strives to improve the quality of its a modern bank, by providing convenience to customers in banking
products and services, with IT support as a critical instrument in transactions, using the technology and internet sophistication by
realizing such efforts. CCB Indonesia successfully implemented applying and improving electronic delivery channel services.
RMB Cross-Border Settlement System (CIPS) and UnionPay Acquiring
in their ATM machines, enhancing cross-border financial services To develop a forward-looking information technology in order to
and customer convenience. Additionally, CCB Indonesia ensures support process and service which are effective, rapid, accessible
the protection of personal data in compliance with Personal data and convenient, will be continued consistently.
Protection Law, safeguarding customer information and maintaining
Privacy standards. The development of the Information Technology System for CCB
Indonesia is carried out continuously in line with the development
The best utilization of information technology is a key factor for of the company, which is expected to provide optimal support for
the efficiency required in the processing of transactions, improving CCB Indonesia operations and also provide convenience for customers
accuracy and providing satisfactory services to various banking in making transactions both at Bank counters and online.
Page 56
56 Opening Business and Functional Review Financial Review
Risk Management
Risk Management Structure 57 The implementation of risk management includes
Implementation of Risk Management 58 identification, measurement, monitoring and control of
Risk Management Policy 58
various types of risk in each line of business and its
Risk Management Strategy 58
supporting functions. CCB Indonesia always implements
Key Metrics Report 59
effective and comprehensive risk management in
Capital Disclosure 61
Credit Risk Management 74
accordance with the level of risk faced
Credit Collection and Recovery 74 Risk management is a structured approach to managing uncertainty related to the threat
Credit Concentration Risk of loss as a result of a series of activities or business activities being carried out. In risk
Management Policy 75 management, it requires management that has sufficient expertise and competence, so
Credit Risk Exposure 75 that all kinds of potential risks can be anticipated from the start by preparing the necessary
mitigation measures.
Market Risk Management 90
Interest Rate Risk in Banking Book CCB Indonesia always implements effective and comprehensive risk management according
- Report on the Implementation of to the level of risk faced. The application of risk management is an important aspect in
Risk Management for IRRBB 91
managing various risks faced by the Bank.
Interest Rate Risk in Banking Book -
IRRBB Calculation Report 92 The implementation of risk management includes identification, measurement, monitoring
Liquidity Risk (LIQA) 92 and control of various types of risk in each line of business and its supporting functions.
Bank Risk Management Approach Therefore, in applying risk management, the Bank is very concerned about the efforts to
(OVA) 93 raise risk awareness and risk culture well and thoroughly in business activities and banking
operations on a daily basis.
Operational Risk 105
Legal Risk 106
Reputation Risk 106
Strategic Risk 106
Compliance Risk 107
Risk Profile 107
Page 57
Corporate Governance Corporate Information Financial Statement Annual Report 57
Risk Management
The Bank's risk management policies follow and refer to the Financial - SEOJK No. 14/SEOJK.03/2017 dated 17 March 2017 concerning
Services Authority Regulations (POJK) and Bank Indonesia Regulations Assessment of the Health Level of Commercial Banks.
(PBI) as minimum provisions to guarantee the best governance. The - SEOJK No. 29/SEOJK.03/2022 dated 27 December 2022 regarding
Bank improves and perfects every policy, guidelines and standard Cyber Resilience and Security for Commercial Banks.
operating procedures that shape the effectiveness of the risk management - POJK No. 17 of 2023 dated 14 September 2023 regarding the
strategy, in line with the development of the Bank's business complexity. Implementation of Governance for Commercial Banks.
Risk management aims to protect the Bank from possible losses In addition, the Bank also refers to internal regulations, namely risk
arising from various activities, maintain the Bank's capital, support management policies, international best practices, as well as the
the decision-making process, to optimise the risk profile, to increase Basel Committee recommendations.
the value of the Company, and to keep the Bank's reputation based
on risk appetite by considering the capital capacity owned. Therefore, Risk Management Structure
the Bank maintains a balance between risk and benefits in order
to produce sustainable value growth for shareholders. The risk management structure consists of Risk Monitoring Committee,
Risk Management Committee and Risk Management Division. The
The Bank identifies risks for each risk factor that can be quantified risk management organization involves active supervision of the
and measured according to objective and consistent criteria. The Board of Commissioners and Directors, including business lines at
implementation of sound and comprehensive risk management various levels of responsibility.
in identifying, measuring, controlling, monitoring and reporting
risks is carried out on 8 types of risks determined by Bank Indonesia The Risk Monitoring Committee is the highest management authority
and the Financial Services Authority (OJK), namely Credit Risk, at the Board of Commissioners level. This committee functions as
Market Risk, Liquidity Risk, Operational Risk, Legal Risk, Compliance a supervisory board to monitor the implementation of risk
Risk, Strategic Risk and Reputation Risk. management strategies and policies.
The entire risk management process is carried out based on the The Risk Management Committee is a committee at Board of
application of the principles of good corporate governance. In Directors level and executive officers who are responsible for overall
implementing risk management, the Bank has a corporate governance risk management in all business lines and operational banks. This
structure which functions to improve the four eyes principle and committee also functions to oversee the implementation of
transparency in the risk management process. The Risk Management strategies, policies and evaluate significant risk issues. The Board
function is established as a controller to direct the Bank’s capability, of Directors has the authority to manage risk, provide risk limits in
and in terms of risk measurement and risk control supported by making decisions which are the Bank's risk appetite.
other functions, such as Internal Audit, Legal, Compliance, and others.
In addition, the Bank has other directors' committees in implementing
In implementing risk management, the Bank applies by referring to risk management, namely the Credit Committee, Credit Policy
banking regulations in accordance with the Financial Services Authority Committee, Assets and Liabilities Committee (ALCO), and Information
Regulations (POJK) and OJK Circular Letters (SEOJK), among others: Technology Steering Committee. Each committee performs its
- POJK No. 18/POJK.03/2016 dated 16 March 2016 regarding the duties based on the mandate that has been set. These committees
Implementation of Risk Management for Commercial Banks. meet regularly to assess and discuss risk issues faced by the Bank
- POJK No. 11/POJK.03/2016 dated 29 January 2016 regarding the in carrying out its operational activities.
Minimum Capital Adequacy of Commercial Banks, as amended
by POJK No. 34/POJK.03/2016 dated 22 September 2016. Daily risk management activities are carried out by the Risk
- POJK No. 11/POJK.03/2022 dated 6 July 2022 regarding the Management Division, which is independent from the operational
implementation of Information Technology by Commercial Banks. business units, which regularly monitors and reviews each risk and
- SEOJK No. 12/SEOJK.03/2018 dated 21 August 2018 regarding potential loss to the Bank. Specifically, the functions and duties of
the Implementation of Risk Management and Standardized the Risk Management Division are as follows:
Approach Risk Measurement for Interest Rate Risk In The Banking - Monitoring and reviewing the implementation of risk
Book for Commercial Banks. management policies, methodologies, process, information
- SEOJK No. 34/SEOJK.03/2016 dated 1 September 2016 regarding systems and strategies of the Bank on a regular basis.
the Implementation of Risk Management for Commercial Banks. - Related to Operational Risk, implementing various operational
- SEOJK No. 21/SEOJK.03/2017 dated 6 June 2017 concerning risk management tools including data collection on operational
the Implementation of Risk Management in the Use of Information losses, Risk & Control Self-Assessments, and Key Risk Indicators,
Technology by Commercial Banks. Stress Test etc.
Page 58
58 Opening Business and Functional Review Financial Review
Risk Management
- Related to Credit Risk, monitoring and reviewing credit risk exposure, their active supervision. The Board of Commissioners may
reviewing credit policies, credit concentration limits, industrial delegate the risk monitoring function to the Risk Monitoring
market targets and sectoral zones, conducting stress tests, reviewing Committee. However, the Board of Commissioners remains as
credit risk portfolio reports, setting and developing methodologies the final responsible party.
for calculating impairment losses credits based on applicable
Financial Accounting Standards Guideline/FASG, etc. The Board of Directors has a role in determining comprehensive
- Related to Market and Liquidity Risks, monitoring and reviewing risk management policies direction and strategies as well as the
market and liquidity risk exposures arising from business units; implementation. As the party responsible for carrying out operational
stress testing of market and liquidity risks, etc. activities, including monitoring the implementation of risk
- Related to other risks, namely legal risk, compliance risk, strategic management, the Board of Directors established Risk Management
risk and reputation risk; monitoring and reviewing the risk Committee to assist them in carrying out their functions and
exposure of each business and operational unit, etc. responsibilities.
- Supporting the approval process of new products & activities of
the Bank by reviewing the related risks and required risk mitigation. Risk Management Policy
- Providing the Board of Commissioners, Directors and Risk
Management Committee with an independent and periodic The risk management policy aims to be able to measure the amount
assessment of the risk profile, Risk Based Bank Rating (RBBR), capital of tolerance limit or risk appetite which can be taken by banks in
adequacy assessment report through the Internal Capital Adequacy managing profitability, which reflects the amount of capital managed
Assessment Process (ICAAP), where the Bank's capital adequacy to face risks including business development. CCB Indonesia's risk
level is measured by considering risks other than Pillar 1 risks (credit, management policy also includes efforts to foster a risk awareness
market and operational), as well as providing recommendations culture at all levels, namely the awareness that risk management
to risk taking units or risk management committees in accordance is essentially the responsibility of all levels of the Bank.
with the scope of the Risk Management Division.
- Responsible for reporting related to Financial Services Authority Risk Management Strategy
(OJK) regulations for Risk Management.
The risk management strategy is made by considering the Bank's business
Implementation of Risk Management plan in a comprehensive manner to be conveyed to all levels of the Bank
so that all levels can understand and implement it properly. The Bank
The implementation of risk management at CCB Indonesia involves implements the following risk management strategy as follows:
the main elements that support the risk management governance • Having committees that actively monitor risk management
structure. The implementation of good and comprehensive risk • Formulation of risk management policies based on banking
management is expected to improve business performance with regulations concerning the Implementation of Risk Management
controlled risk by prioritizing prudential principles and sound for Commercial Banks and taking into account the
banking practices. The application of risk management is part of recommendations from Basel and best practices in the market.
strengthening the stability and resilience of banking business • Ensure the application of the precautionary principle and the
activities by: four eyes principle in decision making.
a. Active supervision by Board of Commissioners and Board of • Establishment of risk limits.
Directors. • Implementing a risk awareness culture in all Bank employees.
b. Adequacy of policies, procedures and limit setting. • Develop a methodology for calculating risk exposure.
c. Risk management process and risk management system. • Monitor the quality of risk implementation on a regular basis
d. Risk management internal control system. • Develop an information system and risk reporting.
• Perform stress testing to anticipate potential risks in the future.
The Board of Commissioners and the Board of Directors hold • Ensure the effectiveness and enhance the competence of
a key role in ensuring the success of risk management through human resources in the application of risk management.
Page 59
Corporate Governance Corporate Information Financial Statement Annual Report 59
Risk Management
Key Metrics Report
December December
No. Description
2024 2023
Available Capital (value)
1 Common Equity Tier (CET1) 6,139,213 6,014,355
2 Capital Tier (Tier 1) 6,139,213 6,014,355
3 Total Capital 6,355,818 6,209,630
Risk Weighted Asset (Value)
4 Total Risk Weighted Assets (RWA) 20,694,595 16,581,331
Risk Based Capital Ratio in the form of percentage of RWA
5 CET1 Ratio (%) 29.67 36.27
6 Tier 1 Ratio (%) 29.67 36.27
7 Total Capital Ratio (%) 30.72 37.45
Additonal CET1 that functions as a buffer in the form of percentage of RWA
8 Capital conservation buffer (2.5% of RWA) (%) 2.50 2.50
9 Countercyclical buffer (0 - 2.5% of RWA) (%) - -
10 Capital Surcharge for Systemic Banks (1% - 2.5%) (%) - -
11 Total CET1 as buffer (Line 8 + Line 9 + Line 10) 2.50 2.50
12 Component of CET1 for buffer 21.72 28.45
Basel III compliant leverage ratio
13 Total Exposure 42,184,297 34,265,494
14 Leverage Ratio, including the impact of adjustments to the temporary exemption of current accounts with Bank - -
Indonesia in order to meet the minimum reserve requirement (if any)
a. Leverage ratio in accordance with Basel III with the Expected Credit Loss Model in accordance with PSAK N/A N/A
71 in full. (%) (line 2a / line13)
b. Leverage Ratio, excluding the impact of any adjustment to the temporary exemption of current accounts - -
with Bank Indonesia in order to meet the minimum reserve requirement (if any)
c. Leverage Ratio, including the impact of temporary exemption on current accounts with Bank Indonesia in 14.56 17.71
order to fulfill the minimum reserve requirement (if any), which incorporates the average value of gross
carrying amount of Securities Financing Transaction (SFT) assets (%)
d. Leverage Ratio, excluding the impact of temporary exemption on current accounts with Bank Indonesia in 14.52 16.08
order to fulfill the minimum reserve requirement (if any), which incorporates the average value of gross
carrying amount of SFT assets (%)
Liquidity Coverage Ratio (LCR)
15 Total High Quality Liquid Assets (HQLA) 8,265,365 7,712,763
16 Total Net Cash Outflow 4,719,455 3,198,895
17 LCR (%) 175.13 241.11
Net Stable Funding Ratio (NSFR)
18 Total Available Stable Funding (ASF) 21,508,202 19,858,964
19 Total Required Stable Funding (RSF) 19,409,682 16,582,105
20 NSFR (%) 110.81 119.76
Qualitative Analysis
Capital Adequacy Ratio as of 31 December 2024 decreased by 6.73% compared to 31 December 2023. This was due to an increase in RWA, especially
in credit risk RWA of IDR 4.15 trillion or 27.27%, based on historical data, the Capital Ratio has always been above the regulatory requirements.
Leverage Ratio as of 31 December 2024, there was an increase in total exposure to IDR 42,184,297 million due to a significant increase in the value of
its asset exposure due to an increase in loans from the previous period. The percentage of leverage ratio decreased to 14.56% due to the core capital
increased to IDR 6,143,407 million. The leverage ratio is still above the provisions of the Financial Services Authority (OJK).
The Liquidity Coverage Ratio (LCR) of 31 December 2024 decreased by 27.37% compared to the position of 31 December 2023. This was due to an
increase in total High Quality Liquid Assets (HQLA) of IDR 552 billion and an increase in Total Net Cash Outflow of IDR 1.52 trillion.
Net Stable Funding Ratio (NSFR) position on 31 December 2024 decreased by 7.47% compared to the position on 31 December 2023. The decrease
was influenced by an increase in total available stable funding (ASF) of IDR 1.65 trillion and an increase in total required stable funding (RSF) of IDR
2.83 trillion.
Page 60
60 Opening Business and Functional Review Financial Review
Risk Management
LI1: Difference between Consolidated Coverage according to accounting standards and prudential requirements
(in million IDR)
a b c d e f g
Carrying value of each risk
Carrying values "Carrying Not subject to
Period 31 December 2024 as reported in values Subject to capital
published under scope of Subject to Subject to the Subject to the
counterparty requirements
financial regulatory credit risk securitisation market risk
credit risk or subject to
statements consolidation" framework framework framework
framework deduction
from capital
Assets
Cash 169,338.00 169,338.00 - - - - -
Placement with Bank Indonesia 1,587,169.00 1,587,169.00 - - - - -
Placement with another bank 407,051.00 407,051.00 141,778.00 - - - -
Spot and derivatives / forward 3,076.00 3,076.00 - - - - -
bills
Securities held 5,247,450.00 5,247,450.00 - - - - -
Securities that are sold with a 1,565,533.00 1,565,533.00 - - - - -
promise to repurchase (repo)
Receivables on securities - - - - - - -
purchased with an agreement
to resell (reverse repo)
Acceptance receivables 12,262.00 12,262.00 - - - - -
Loans granted 23,463,801.00 23,463,801.00 16,794,427.00 - - - -
Equity capital - - - - - - -
Other financial assets 161,467.00 161,467.00 - - - - -
Reserve for losses for decrease (451,198.00) (451,198.00) - - - - -
in the value of financial assets
Intangible assets - Net 209,457.00 209,457.00 - - - - -
Fixed assets and inventory - Net 775,554.00 775,554.00 775,554.00 - - - -
Non-productive assets 207,885.00 207,885.00 120,126.00 - - - -
Other Assets - Net 186,616.00 186,616.00 53,829.00 - - - -
Total Assets 33,545,461.00 33,545,461.00 17,885,714.00 - - - -
Liabilities
Current Account 4,009,871.00 4,009,871.00 - - - - -
Saving Account 1,164,249.00 1,164,249.00 - - - - -
Time Deposit 18,183,353.00 18,183,353.00 - - - - -
Liabilities to Bank Indonesia - - - - - - -
Liabilities to other banks 844,673.00 844,673.00 - - - - -
Spot and derivatives / forward 20,350.00 20,350.00 - - - - -
liabilities
Liabilities for securities that are 1,545,444.00 1,545,444.00 - - - - -
sold under an agreement to
repurchase (repo)
Acceptance liabilities 12,262.00 12,262.00 - - - - -
Securities that are issued - - - - - - -
Loans / financing received 482,850.00 482,850.00 - - - - -
Security deposit 10,330.00 10,330.00 - - - - -
Other liabilities 430,283.00 430,283.00 - - - - -
Total liabilities 26,703,665.00 26,703,665.00 - - - - -
Qualitative Analysis
Page 61
Corporate Governance Corporate Information Financial Statement Annual Report 61
Risk Management
LI2: Source of the main difference between exposure in accordance with prudential regulations and carrying values in
accordance with financial accounting standards
(in million IDR)
a b c d e
Item corresponds to:
Period 31 December 2024
Total Counterparty
Credit risk Framework Market risk
credit risk
framework securitization framework
framework
Asset carrying value amount under scope of 33,545,461 17,885,714 - - -
regulatory consolidation (as per template LI1)
Liabilities carrying value amount under regulatory 26,703,665 - - - -
scope of consolidation (as per template LI1)
Total net amount under regulatory scope of - - - - -
consolidation
Off-balance sheet amounts - - - - -
Differences in valuations - - - - -
Differences due to different netting rules, other - - - - -
than those already included in row 2
Differences due to consideration of provisions - - - - -
Differences due to prudential filters - - - - -
…. - - - - -
Exposure amounts considered for regulatory - - - - -
purposes
Qualitative Analysis
LIA: Explanation of the Differences between Exposure Values in accordance with Financial Accounting Standards and
OJK Provisions
There is no difference between the carrying value according to financial accounting standards, as reported in the financial statements and the
exposure value according to prudential regulations
Capital Disclosure
a) Capital Structure
Risk management through capital carried out by the Bank includes diversification of capital sources to comply with applicable capital
requirements, maintaining a healthy capital ratio, supporting long-term strategic business plans and maximizing value for shareholders.
The Bank must ensure capital adequacy to cover various types of risks based on regulatory requirements, as well as internal requirements
according to changes in economic conditions and the characteristics of activities.
The Bank has complied with the capital requirements set forth throughout the reporting period with an emphasis on core capital to
support its business and activities. Core Capital of CCB Indonesia as of 31 December 2024 of IDR 6.14 trillion. In managing capital, the
Bank refers to the applicable regulatory provisions in calculating capital adequacy to cover risks.
b) Capital adequacy
The Bank's capital adequacy ratio (CAR) taking into account credit, market and operational risks in 2024 amounted to 30.72%, a
decrease of 6.73% compared to 2023 which amounted to 37.45%.
Page 62
62 Opening Business and Functional Review Financial Review
Risk Management
Quantitative Disclosure of Bank Capital Structure
Standard Format for Disclosure of Capital Calculations in Accordance with the Basel III Framework
CC1: Capital Composition
Period 31 December 2024
Amount Ref. number derived from
No. Components
(in million IDR) Balance Sheet Publication1)
CET 1: Instruments and Additional Paid-in Capital
1 Common stock (including surplus stock) 5,059,351 1
2 Retained earnings 1,415,589 2
3 Accumulated other comprehensive income (and other reserves) 358,722 3
4 Capital included in the phase out of CET1 N/A N/A
5 Non-controlling interests that can be taken into account N/A 4
6 CET 1 before regulatory adjustments
CET 1: Reduction Factor (Regulatory Adjustment)
7 Difference less the amount of fair value adjustment of financial -
instruments in the trading book
8 Goodwill 190,075 5
9 Other intangible assets (other than Mortgage-Servicing Rights) 19,382 6
10 Deferred tax assets from future profitability N/A N/A
11 Cash-flow hedge reserve N/A N/A
12 Shortfall on provisions for expected losses N/A N/A
13 Gain on sale of assets in securitization transactions N/A N/A
14 Increase/decrease in fair value of financial liabilities (DVA) N/A N/A
15 Defined benefit pension assets N/A N/A
16 Investments in own shares (if not already netted in capital in the N/A N/A
Statement of Financial Position)
17 Cross-holdings in CET 1 instruments in other entities -
18 Investments in the capital of banks, financial and insurance entities N/A N/A
outside the scope of consolidation on a provisional basis, net of
permitted short positions, where the Bank does not own more than
10% of the issued share capital (amount above 10% threshold)
19 Significant investments in ordinary shares of banks, financial and N/A N/A
insurance entities outside the scope of consolidation on a provisional
basis, net of permitted short positions (amounts above the 10%
threshold)
20 Mortgage servicing rights N/A N/A
21 Deferred tax assets arising from temporary differences (amounts N/A N/A
above the 10% threshold, net of tax liabilities)
22 Amounts exceeding the 15% limitation of: N/A N/A
23 Significant investments in common stock financials N/A N/A
24 Mortgage servicing rights N/A N/A
25 Deferred tax from temporary differences N/A N/A
26 Adjustments based on specific national provisions
a. Difference between PPKA and CKPN 198,493
b. Non-productive PPKA 161,846 N/A
c. Deferred Tax Assets 132,787 7
d. Investments -
e. Capital shortfall in insurance subsidiaries -
f. Securitization exposure -
g. Others 8,134
Page 63
Corporate Governance Corporate Information Financial Statement Annual Report 63
Risk Management
Quantitative Disclosure of Bank Capital Structure
Standard Format for Disclosure of Capital Calculations in Accordance with the Basel III Framework
CC1: Capital Composition
Period 31 December 2024
Amount Ref. number derived from
No. Components
(in million IDR) Balance Sheet Publication1)
27 Adjustment to CET 1 due to AT 1 and Tier 2 being less than the -
deduction factor
28 Amount of reduction (regulatory adjustment) to CET 1 N/A N/A
29 Total CET 1 after deduction factor N/A N/A
Additional Tier 1 Capital (AT 1): Instrument
30 AT 1 instruments issued by the Bank (including stock surplus) - -
31 Those classified as equity under accounting standards - N/A
32 Those classified as liabilities under accounting standards - N/A
33 Capital that is included in the phase out of AT 1 N/A N/A
34 AT 1 instruments issued by subsidiaries that are recognized in the N/A N/A
consolidated CAR calculation
35 Instruments issued by subsidiaries that are included in the phase out N/A N/A
36 Total AT 1 before regulatory adjustment - -
Additional Tier 1 Capital: Reduction Factor (Regulatory Adjustment)
37 Investment in own AT 1 instruments N/A N/A
38 Cross-holdings in AT 1 instruments of other entities N/A N/A
39 Investments in capital of banks, financial and insurance entities outside N/A N/A
the scope of consolidation on a regulatory basis, net of permitted short
positions, where the Bank does not own more than 10% of the issued
share capital (amounts above the 10% threshold)
40 Significant investments in the capital of banks, financial and insurance N/A N/A
entities outside the scope of statutory consolidation (net of permitted
short positions)
41 Adjustments based on national specific requirements N/A N/A
Placement of funds in AT 1 instruments with other banks N/A N/A
42 Adjustment to AT 1 due to Tier 2 being less than the deduction factor N/A N/A
43 Total regulatory adjustment to AT 1 - -
44 Total AT 1 after deduction factor - -
45 Total Tier 1 Capital (CET 1 + AT 1) - -
Supplementary Capital (Tier 2): Instruments and reserves
46 Tier 2 instruments issued by the Bank (including stock surplus) - 8
47 Capital that is included in the phase out of Tier 2 N/A N/A
48 Tier 2 instruments issued by subsidiaries that are recognized in the N/A N/A
consolidated CAR calculation
49 Capital issued by subsidiaries that are included in the phase out of N/A N/A
Tier 2
50 KDPA general reserve for earning assets that must be calculated with 216,605 N/A
a maximum amount of 1.25% of RWA for Credit Risk
51 Total Supplementary Capital (Tier 2) before deduction factor - -
Supplementary Capital (Tier 2): Regulatory Adjustment
52 Investment in own Tier 2 instruments N/A N/A
53 Cross-holdings in Tier 2 instruments of other entities N/A N/A
Page 64
64 Opening Business and Functional Review Financial Review
Risk Management
Quantitative Disclosure of Bank Capital Structure
Standard Format for Disclosure of Capital Calculations in Accordance with the Basel III Framework
CC1: Capital Composition
Period 31 December 2024
Amount Ref. number derived from
No. Components
(in million IDR) Balance Sheet Publication1)
54 Investment in TLAC liabilities of capital of banks, financial and insurance N/A N/A
entities outside the scope of consolidation on a regulatory basis, net of
permitted short positions, where the Bank does not own more than
10% of the issued share capital; value was previously set at a threshold
of 5% but no longer meets the criteria (for Systemic banks)
Investments in other TLAC liabilities of banking, financial, and insurance
entities that are outside the scope of regulatory consolidation and, for
which the bank does not own more than 10% of the entity's issued
ordinary shares: amount previously designated for the 5% threshold but
which no longer qualifies (for Systemic G-SIBs only)
55 Significant investments in capital or TLAC instruments of banks, N/A N/A
financial and insurance entities outside the scope of regulatory
consolidation (net of permitted short positions)
56 Adjustments based on national specific provisions N/A N/A
a. Sinking fund N/A N/A
b. Placement of funds in Tier 2 instruments with other banks N/A N/A
57 Total regulatory adjustment Supplementary Capital N/A N/A
58 Total Supplementary Capital (Tier 2) after regulatory adjustment N/A N/A
59 Total Capital (Tier 1 Capital + Supplementary Capital) 6,355,818 -
60 Total Risk Weighted Assets (RWA) 20,694,595 -
Capital Adequacy Ratio (CAR) and Capital Buffer
61 Tier 1 Capital Ratio (percentage to RWA) 29.67 -
62 Tier 1 Capital Ratio (percentage of RWA) 29.67 -
63 Total Capital Ratio (percentage to RWA) 30.72 -
64 Buffer (percentage to RWA) - -
65 Capital Conservation Buffer 2.50 -
66 Countercyclical Buffer - -
67 Higher loss absorbency requirement - -
68 For conventional commercial banks: CET 1 available to fulfill the Buffer 21.72 -
(percentage to RWA)
National minima (if different from Basel 3)
69 National lowest CET 1 ratio (if different from Basel 3) N/A N/A
70 Lowest national Tier 1 ratio (if different from Basel 3) N/A N/A
71 Lowest national total capital ratio (if different from Basel 3) N/A N/A
Amount under the deduction limit (before risk weighting)
72 Non-significant investments in capital or other TLAC liabilities of other N/A N/A
financial entities
73 Significant investments in ordinary shares of financial entities N/A N/A
74 Mortgage servicing rights (net of tax liability) N/A N/A
75 Deferred tax assets from temporary differences (net of tax liabilities) N/A N/A
Page 65
Corporate Governance Corporate Information Financial Statement Annual Report 65
Risk Management
Quantitative Disclosure of Bank Capital Structure
Standard Format for Disclosure of Capital Calculations in Accordance with the Basel III Framework
CC1: Capital Composition
Period 31 December 2024
Amount Ref. number derived from
No. Components
(in million IDR) Balance Sheet Publication1)
Cap imposed on Tier 2 provisions
76 Provisions that can be recognized as Tier 2 according to the exposure N/A N/A
under the standardized approach (before the cap is imposed)
77 Cap on provisions recognized as Tier 2 under the standardized N/A N/A
approach
78 Provisions that can be recognized as Tier 2 based on exposures under N/A N/A
the IRB approach (before cap)
79 Cap on provisions recognized as Tier 2 under the IRB approach N/A N/A
Capital Instruments subject to phase out (only applicable between 1 Jan 2018 and 1 Jan 2022)
80 Cap on CET 1 that includes phase out N/A N/A
81 Amount excluded from CET 1 due to cap (excess over cap after N/A N/A
redemptions and maturities)
82 Cap on AT 1 that includes phase out N/A N/A
83 Amount excluded from AT 1 due to cap (excess over cap after N/A N/A
redemptions and maturities)
84 Cap on Tier 2 that includes phase out N/A N/A
85 Amount excluded from Tier 2 due to cap (excess over cap after N/A N/A
redemptions and maturities)
Qualitative Analysis
Page 66
66 Opening Business and Functional Review Financial Review
Risk Management
CC2: Capital Reconciliation
Period 31 December 2024
Published Balance Sheet
Publication Balance
Posts with prudential coverage Reference
(in million IDR)
(in million IDR)
ASSETS
1. Cash 169,338 169,338 -
2. Placement with Bank Indonesia 1,587,169 1,587,169 -
3. Placement with another bank 407,051 407,051 -
4. Spot and derivatives / forward bills 3,076 3,076 -
5. Securities owned 5,247,450 5,247,450 -
6. Securities that are sold with a promise to repurchase (repo) 1,565,533 1,565,533 -
7. Receivables on securities purchased with an agreement - - -
to resell (reverse repo)
8. Acceptance bill 12,262 12,262 -
9. Provided loans 23,463,801 23,463,801 -
10. Sharia financing *) - - -
11. Capital investment - - -
12. Other financial assets 161,467 161,467 -
13. Reserve for losses for decrease in the value of financial (451,198) (451,198) -
assets -/-
a. Securities held (104) (104) -
b. Credit provided and sharia financing *) (450,922) (450,922) -
c. Other (172) (172) -
14. Assets are intangible 259,797 259,797 -
Goodwill 190,075 5
Other intangible assets 69,722 6
Accumulated amortization of intangible assets -/- (50,340) (50,340) 6
15. Fixed assets and inventory 1,179,170 1,179,170 -
Accumulated depreciation of fixed assets and inventory -/- (403,616) (403,616) -
16. Non-productive assets 207,885 207,885 -
a. Abandoned property 127,801 127,801 -
b. Collateral that is foreclosed 80,084 80,084 -
c. Account on hold - - -
d. Interoffice assets**) - - -
17. Deferred Tax Assets - 132,787 7
18. Other Assets 186,616 53,829 -
TOTAL ASSETS 33,545,461 33,545,461 -
LIABILITY AND EQUITY
LIABILITIES
1. Current Accounts 4,009,871 4,009,871
2. Savings 1,164,249 1,164,249
3. Deposits 18,183,353 18,183,353
4. Electronic Money - -
5. Liabilities to Bank Indonesia - -
6. Liabilities to other banks 844,673 844,673
7. Spot and derivatives / forward liabilities 20,350 20,350
Page 67
Corporate Governance Corporate Information Financial Statement Annual Report 67
Risk Management
CC2: Capital Reconciliation
Period 31 December 2024
Published Balance Sheet
Publication Balance
Posts with prudential coverage Reference
(in million IDR)
(in million IDR)
8. Liabilities for securities that are sold under an agreement 1,545,444 1,545,444 -
to repurchase (repo)
9. Acceptance liability 12,262 12,262 -
10. Securities issued - - 8
11. Loans/financing received 482,850 482,850 -
12. Security deposit 10,330 10,330 -
13. Interoffice liabilities**) - - -
14. Other liabilities 430,283 430,283 -
15. Minority interests - - -
TOTAL LIABILITIES 26,703,665 26,703,665 -
EQUITY
16. Paid up capital 3,791,973 3,791,973 1
a. Authorized capital 6,000,000 6,000,000 -
b. Capital which has not yet been paid up -/- (2,208,027) (2,208,027) -
c. The stocks that were bought back (treasury stock) -/- - - -
17. Additional paid-in capital 1,267,378 1,267,378 -
a. Agio 1,267,378 1,267,378 1
b. Disagio -/- - - -
c. Capital deposit funds - - 1
d. Other - - -
18. Other comprehensive income 361,356 361,356 -
a. Other Comprehensive Income Gains - - 3
b. Loss of Other Comprehensive Income - (6,877) -
c. Profit and Loss Employee Benefits - 9,987 3
d. Fixed Asset Revaluation Difference - 358,246 3
19. Backup 5,500 5,500 -
a. General reserve 5,500 5,500 -
b. Reserves destination - - -
20. Profit/loss 1,415,589 1,415,589 -
a. Past years 1,120,187 1,120,187 2
b. Current year ***) 295,402 295,402 2
c. Dividends paid -/- - - -
TOTAL EQUITY WHICH CAN BE ATTRIBUTED TO OWNERS 6,841,796 6,841,796 -
21. Non-Controlling Interests - - 4
TOTAL EQUITY 6,841,796 6,841,796 -
TOTAL LIABILITIES AND EQUITY 33,545,461 33,545,461 -
Page 68
68 Opening Business and Functional Review Financial Review
Risk Management
CCA: Key Features of Capital Instruments and TLAC-Eligible Instruments
Period 31 December 2024
No. Description Quantitative/Qualitative Information
1 Issuer N/A
2 Unique identifier (eg CUSIP, ISIN or Bloomberg identifier for private placement) N/A
3 Governing law(s) of the instrument N/A
a. Means by which enforceability requirement of Section 13 of the TLAC Term Sheet is N/A
achieved (for other TLAC-eligible instruments governed by foreign law)
Instrument treatment based on CAR provisions
4 Transitional Basel III rules N/A
5 Post-transitional Basel III rules N/A
6 Eligible at solo/group/group and solo N/A
7 Instrument type (types to be specified by each jurisdiction) N/A
8 Amount recognised in regulatory capital (currency in millions, as of most recent reporting date) -
9 Par value of instrument -
10 Accounting classification N/A
11 Original date of issuance N/A
12 Perpetual or dated N/A
13 Original maturity date N/A
14 Issuer call subject to prior supervisory approval N/A
15 Optional call date, contingent call dates and redemption amount N/A
16 Subsequent call dates, if applicable N/A
Coupons / dividends
17 Fixed or floating dividend/coupon N/A
18 Coupon rate and any related index N/A
19 Existence of a dividend stopper N/A
20 Fully discretionary, partially discretionary or mandatory N/A
21 Existence of step-up or other incentive to redeem N/A
22 Non-cumulative or cumulative N/A
23 Convertible or non-convertible N/A
24 If convertible, conversion trigger(s) N/A
25 If convertible, fully or partially N/A
26 If convertible, conversion rate N/A
27 If convertible, mandatory or optional conversion N/A
28 If convertible, specify instrument type convertible into N/A
29 If convertible, specify issuer of instrument it converts into N/A
30 Writedown feature N/A
31 If writedown, writedown trigger(s) N/A
32 If writedown, full or partial N/A
33 If writedown, permanent or temporary N/A
34 If temporary write-own, description of writeup mechanism N/A
Type of subordination N/A
35 Position in subordination hierarchy in liquidation (specify instrument type immediately N/A
senior to instrument in the insolvency creditor hierarchy of the legal entity concerned).
36 Non-compliant transitioned features N/A
37 If yes, specify non-compliant features N/A
Qualitative Analysis
Bank China Contruction Bank Indonesia has settled the Securities issued in February 2024 as a capital instrument.
Page 69
Corporate Governance Corporate Information Financial Statement Annual Report 69
Risk Management
Qualitative Disclosures regarding Capital Structure and Capital Adequacy
Capital Adequacy Ratio
Period 31 December 2024 and 31 December 2023
(in million IDR)
December 2024 December 2023
Capital Components
Individual Consolidated Individual Consolidated
I Core Capital (Tier 1) 6,139,213 - 6,014,355 -
1 Main Core Capital/Common Equity Tier 1 (CET 1) 6,139,213 - 6,014,355 -
1.1 Paid-in Capital (after deducting Treasury Stock) 3,791,973 - 3,791,973 -
1.2 Supplementary Additional Capital *) 2,689,484 - 2,560,195 -
1.2.1 Additional Factor 3,413,311 - 3,114,064 -
1.2.1.1 Other comprehensive income 716,710 - 719,434 -
1.2.1.1.1 Differences from the explanation of financial - - - -
statements
1.2.1.1.2 Potential gains from an increase in the fair 358,464 - 361,188 -
value of financial assets measured at fair
value through other comprehensive income
1.2.1.1.3 Fixed asset revaluation surplus balance 358,246 - 358,246 -
1.2.1.2 Other additional capital reserves (other disclosed 2,696,601 - 2,394,630 -
reserves)
1.2.1.2.1 Agio 1,267,378 - 1,267,378 -
1.2.1.2.2 General reserves 5,500 - 5,000 -
1.2.1.2.3 Profit from previous years 1,120,187 - 879,396 -
1.2.1.2.4 Current year profit 295,402 - 241,291 -
1.2.1.2.5 Capital deposit funds - - - -
1.2.1.2.6 Others 8,134 - 1,565 -
1.2.2 Deduction Factor 723,827 - 553,869 -
1.2.2.1 Other Comprehensive Income 363,488 - 365,482 -
1.2.2.1.1 Differences from the explanation of financial - - - -
statements
1.2.2.1.2 Potential loss from a decrease in the fair value 363,488 - 365,482 -
of financial assets measured at fair value
through other comprehensive income
1.2.2.2 Other additional capital reserves (other disclosed 360,339 - 188,387 -
reserves)
1.2.2.2.1 Disagio - - - -
1.2.2.2.2 Loss from previous years - - - -
1.2.2.2.3 Current year loss - - - -
1.2.2.2.4 The difference between the Allowance for 198,493 - - -
Asset Quality Assessment (PPKA) and
Allowance for Loss and Impairment (CKPN)
on productive assets
1.2.2.2.5 The difference in the amount of the fair value - - - -
adjustment of the financial instrument in the
Trading Book
1.2.2.2.6 Impairment for Quantitative Valuation of 161,846 - 188,387 -
Non-productive Assets
1.2.2.2.7 Others - - - -
1.3 Calculating Non-Controlling Interests - - - -
1.4 Reduction Factor of Main Core Capital *) 342,244 - 337,813 -
1.4.1 Deferred tax 132,787 - 124,588 -
1.4.2 Goodwill 190,075 - 190,075 -
Page 70
70 Opening Business and Functional Review Financial Review
Risk Management
Capital Adequacy Ratio
Period 31 December 2024 and 31 December 2023
(in million IDR)
December 2024 December 2023
Capital Components
Individual Consolidated Individual Consolidated
1.4.3 Intangible Asset 19,382 - 23,150 -
1.4.4 Participation calculated as a deduction factor - - - -
1.4.5 Lack of capital in insurance subsidiary companies - - - -
1.4.6 Securitization exposure - - - -
1.4.7 Other major core capital deduction factors - - - -
1.4.7.1 Placement of funds in AT 1 and/or Tier 2 instruments - - - -
in other banks
1.4.7.2 Cross-ownership in another entity acquired by virtue - - - -
of a transfer by law, grant, or testamentary grant
1.4.7.3 Exposure that creates Credit Risk due to settlement - - - -
failure (settlement risk) - Non Delivery Versus Payment
1.4.7.4 Exposure in Subsidiaries conducting business activities - - - -
based on sharia principles (if any)
2. Additional Tier 1 (AT 1) *) - - - -
2.1 Instruments that meet the requirements of AT 1 - - - -
2.2 Agio/Disagio - - - -
2.3 Reduction Factors of Additional Core Capital *) - - - -
2.3.1 Placement of funds in AT 1 and/or Tier 2 instruments in other - - - -
banks
2.3.2 Cross-ownership in another entity acquired by virtue of a - - - -
transfer by law, grant, or testamentary grant
II Supplementary Capital (Tier 2) 216,605 - 195,275 -
1 Capital instruments in the form of shares or other that meet the - - 15,397 -
requirements of Tier 2
2 Agio/Disagio - - - -
3 General reserves of PPKA on productive assets that must be calculated 216,605 - 179,878 -
(maximum 1.25% RWA Credit Risk)
4 Subtracting Factors of Supplementary Capital *) - - - -
4.1 Sinking Fund - - - -
4.2 Placement of funds in a Tier 2 instrument with another bank - - - -
4.3 Cross-ownership in another entity acquired by virtue of a transfer - - - -
by law, grant, or testamentary grant
III. Capital Reducing Factors in the Form of Exposures That Create - - - -
Credit Risk Due to Settlement Risk - Non Delivery Versus Payment
IV. Capital Reducing Factors in the Form of Exposure in Subsidiary - - - -
Companies Conducting Business Activities Based on Sharia
Principles (If Any)
TOTAL CAPITAL 6,355,818 - 6,209,630 -
RISK-WEIGHTED ASSETS
RWA CREDIT RISK 19,390,306 - 15,235,593 -
RWA MARKET RISK 349,855 - 382,744 -
RWA OPERATIONAL RISK 954,434 - 962,994 -
TOTAL RWA 20,694,595 - 16,581,331 -
Page 71
Corporate Governance Corporate Information Financial Statement Annual Report 71
Risk Management
Capital Adequacy Ratio
Period 31 December 2024 and 31 December 2023
(in million IDR)
December 2024 December 2023
Capital Components
Individual Consolidated Individual Consolidated
CAR RATIO
CET 1 Ratio (%) 29.67 - 36.27 -
Tier 1 Ratio (%) 29.67 - 36.27 -
Tier 2 Ratio (%) 1.05 - 1.18 -
Capital Adequacy Requirement Ratio (%) 30.72 - 37.45 -
Capital Adequacy Requirement Ratio According To Risk Profile (%) 9.00 - 9.00 -
Allocation of Fulfillment Capital Adequacy Requirement According to
The Risk Profile
From CET 1 (%) 7.95 - 7.82 -
From AT 1 (%) - - - -
From Tier 2 (%) 1.05 - 1.18 -
CET 1 for Buffer (%) 21.72 - 28.45 -
Percentage of Buffer Required by The Bank (%) - - - -
Countercyclical Buffer (%) - - - -
Capital Surcharge untuk Bank Sistemik (%) - - - -
Capital Conservation Buffer (%) 2.50 - 2.50 -
Page 72
72 Opening Business and Functional Review Financial Review
Risk Management
Leverage Ratio Fulfillment Obligation Report and Leverage Ratio Calculation Report
Report of Total Exposure in Leverage Ratio
Bank Name : PT Bank China Construction Bank Indonesia, Tbk
Report Position : December 2024
(in million IDR)
No Description Total
1 Total assets on the balance sheet in published financial statements (gross value before deducting CKPN). 34,968,837
2 Adjustments to the value of investments in banks, financial institutions, insurance companies, and/or other entities based -
on financial accounting standards must be consolidated but are outside the scope of consolidation based on the
provisions of the Financial Services Authority.
3 "Adjustments for the value of a collection of financial assets or underlying sharia assets that have been transferred in -
asset securitization that meet the sale and balance requirements as regulated in the OJK statutory regulations regarding
the Prudential Principles in Asset Securitization Activities for Commercial Banks.
In the event that the underlying financial assets or sharia assets have been deducted from the total assets in the balance
sheet in the published financial report (line number 1), then this line is filled in as 0 (zero)."""
4 Adjustments to temporary exceptions for current account placements with Bank Indonesia in order to comply with -
minimum statutory reserve requirements (if any).
5 Adjustments for fiduciary assets that are recognized as balance sheet components based on financial accounting -
standards but are excluded from the calculation of total exposure in the Leverage Ratio.
6 Adjustments for the value of regular purchases or sales of financial assets using the trade date accounting method. -
7 Adjustments for transaction values in cash pooling facilities that meet the requirements as regulated in this Financial -
Services Authority Regulation.
8 Adjustment for derivative transaction exposure value. 3,381,352
9 Adjustment for the exposure value of Securities Financing Transaction (SFT) as an example of a reverse repo transaction. -
10 Adjustment for the Administrative Account Transaction (TRA) exposure value which has been multiplied by the Credit 5,343,158
Conversion Factor (FKK).
11 Prudent valuation adjustments in the form of capital reduction factors and Allowance for Impairment Losses (CKPN) (1,509,050)
12 Other adjustments (if any) -
13 Total Exposure in Leverage Ratio Calculation 42,184,297
Qualitative Analysis
Total exposure in the leverage ratio of IDR 34,968,837 million with a leverage ratio percentage of 14.56%, which is above the minimum requirement
of 3% set by POJK Number 31/POJK.03/2019 concerning Obligations to Fulfill the Leverage Ratio for Commercial Banks.
Leverage Ratio Calculation Report
Bank Name : PT Bank China Construction Bank Indonesia, Tbk
Report Position : December 2024
(in million IDR)
Period
No Description
T T-1
Asset Exposure in the Statement of Financial Position (Balance Sheet)
1 Asset exposure in the Statement of Financial Position (Balance Sheet) includes collateral assets recorded 33,400,227 33,180,300
in the balance sheet, but does not include derivative transaction exposure and SFT exposure.
*Using gross value before deducting CKPN."
2 The added value for derivative collateral handed over to counterparties and the provision of such - -
collateral resulted in a decrease in total asset exposure on the balance sheet due to the application of
accounting standards.
3 (Reduction of receivables related to cash variation margin provided in derivative transactions). - -
4 (Adjustment for securities received in SFT exposure that have been recorded as assets in the Bank's - -
balance sheet).
5 (Allowance for Impairment Losses (CKPN) on these assets in accordance with applicable accounting standards). (451,199) (513,090)
6 (Assets that have been calculated as a reducing factor for Core Capital (tier 1) as referred to in the (1,057,851) (852,766)
Financial Services Authority Regulation which regulates the obligation to provide minimum capital for
commercial banks).
Page 73
Corporate Governance Corporate Information Financial Statement Annual Report 73
Risk Management
Leverage Ratio Calculation Report
Bank Name : PT Bank China Construction Bank Indonesia, Tbk
Report Position : December 2024
(in million IDR)
Period
No Description
T T-1
7 Total Asset Exposure in the Statement of Financial Position (Balance Sheet) 31,891,177 31,814,444
(Sum of line 1 to line 6)"
Derivative Transaction Exposure
8 Replacement Cost (RC) value for all derivative transactions, whether there is a variation margin that meets the - -
requirements or there is an offsetting agreement that meets certain requirements.
9 The additional value is the Potential Futures Exposures (PFE) for all derivative transactions. 3,384,429 1,682,150
10 (exception for exposure to derivative transactions settled through a central clearing counterparty (CCP)) N/A N/A
11 Adjustments to the effective notional value of credit derivatives - -
12 (Adjustment for effective notional value made offsetting and subtracting add-ons for derivative credit - -
sales transactions)
13 Total Derivative Transaction Exposure (Sum of line 8 to line 12) 3,384,429 1,682,150
Securities Financing Transaction (SFT) Exposure
14 Gross SFT Value 1,565,533 378,115
15 (Net value between cash liabilities and cash receivables) - -
16 Credit Risk due to counterparty failure related to SFT assets which refers to the Current Exposure calculation - -
as regulated in Attachment I to this Financial Services Authority Regulation.
17 Exposure as an SFT agent - -
18 Total SFT Exposure (Sum of line 14 to line 17) 1,565,533 378,115
Administrative Account Transaction (TRA) Exposure
19 The value of all committed obligations or contingent liabilities. 8,625,643 7,367,304
*Gross value before deducting CKPN
20 (Adjustment to the result of multiplying the value of committed obligations or contingent liabilities and (3,282,485) (3,314,219)
the Credit Conversion Factor (FKK))
21 (Allowance for Impairment Losses (CKPN) for the TRA is in accordance with applicable accounting standards). - -
22 Total Administrative Account Transaction Exposure (TRA) (Sum of line 19 to line 21) 5,343,158 4,053,085
Capital and Total Exposure
23 Core Capital (Tier 1) 6,143,407 6,272,511
24 Total Exposure (Sum of line 7, 13, 18, and 22) 42,184,297 37,927,794
Leverage Ratio
25 Leverage Ratio Value (Column 23 ÷ Column 24) 14.56% 16.54%
26 Minimum Leverage Ratio Value 3.00% 3.00%
27 Buffer against the Leverage Ratio value N/A N/A
Disclosure of Average Values
28 The average value of the gross carrying value of SFT assets, after adjustments for sales accounting transactions 123,491 82,327
which are calculated on a net basis with cash liabilities in SFT and cash claims in SFT
29 The final reporting quarter value of the gross carrying value of SFT assets, after adjustments for sales accounting - -
transactions which are calculated on a net basis with cash liabilities in SFT and cash claims in SFT
30 Total Exposure, including the impact of adjustments to temporary exceptions for current account placements 42,184,297 37,927,794
with Bank Indonesia in order to comply with minimum statutory reserve requirements (if any), which
includes the average value of the gross carrying value of SFT assets as referred to in line 28
30a Total Exposure, does not include the impact of adjustments to the temporary exception for the placement 42,307,788 38,010,121
of demand deposits with Bank Indonesia in order to comply with minimum statutory reserve requirements
(if any), which includes the average value of the gross carrying value of SFT assets as referred to in line 28
31 Leverage Ratio Value, including the impact of adjustments to temporary exceptions for current account 14.56% 16.54%
placements with Bank Indonesia in order to comply with minimum statutory reserve requirements (if any),
which includes the average gross carrying value of SFT assets as referred to in line 28
31a The Leverage Ratio value, does not include the impact of adjustments to the temporary exception for the placement 14.52% 16.50%
of demand deposits with Bank Indonesia in order to comply with the minimum statutory reserve requirements (if
any), which includes the average value of the gross carrying value of SFT assets as referred to in line 28
Qualitative Analysis
As of 31 December 2024, there is a leverage ratio percentage of 14.56%, which is above the minimum requirement of 3% as stipulated in No. 31/
POJK.03/2019 concerning the Obligation to Fulfill the Leverage Ratio for Commercial Banks.
Page 74
74 Opening Business and Functional Review Financial Review
Risk Management
Credit Risk Management business prospects, debtor performance, and ability to pay.
After disbursement of credit is carried out strictly by requiring
Credit risk is the risk that arises because the debtor fails to fulfil his a business visit from the debtor and submitting a call report
obligations to the Bank. Failure to manage this risk can result in to the loan monitoring department.
financial losses that have a negative impact on the financial performance g. The implementation of the covenant monitoring system as
of the Bank directly or indirectly. Credit risk management is carried one of the tools in monitoring debtors to minimize the occurrence
out with the aim of measuring, anticipating, and minimizing losses of default, or in other words can help reduce or control the risk
due to the failure of the debtor or counterparty to fulfil their obligations. of transactions by specifying certain things that debtors should
and should not do.
Credit risk can be sourced from various bank business activities, such h. The process of integrating an integrated credit risk
as lending, purchasing securities, acceptances, inter-bank transactions, management information system to facilitate management
trade finance transactions, exchange rate transactions and derivatives, in monitoring credit performance and developing a data
as well as commitments and contingencies obligations, where lending warehouse to support the credit risk management information
is the largest source of risk in assets. bank balance sheet. system.
i. The Bank has conducted regular evaluations of the availability
Credit risk management, among others, is carried out on the following of the Bank's Credit Policy, including through the provision of
matters: Risk Opinions and Compliance Opinions on policy reviews,
a. The readiness of human, operational and IT resources capable guidelines and SOPs related to credit.
of supporting credit risk management in accordance with the j. To manage portfolio composition, CCB Indonesia has set
bank's business plan in the development of lending that has sectoral limits for each industrial business sector, unused
the potential to cause credit risk exposure. Increasing the facility limits, determination of sectoral Risk Appetite and Risk
number of adequate human resources through the recruitment Acceptance Criteria in Commercial & Retail Banking which
process and improving the quality of human resources through are reviewed and monitored regularly by the Risk Management
the training process. Division.
b. Identification of credit risk to the source and potential for credit k. To cover potential credit risk in the future, banks establish an
risk that is adjusted to the characteristics of the product and Expected Credit Loss (ECL) reserve by including the Macro
the type of activity. Economic Variables (MEV) factor in the ECL model. In addition,
c. The measurement of inherent risk includes, among others, the the bank maintains the NPL coverage ratio in accordance with
composition of the asset portfolio and the level of concentration, the bank's target set in the Bank's Business Plan (RBB).
the quality of the provision of funds and the adequacy of the
reserves. In addition, banks perform credit risk stress testing to The Bank proactively runs credit collection and recovery loans
measure the impact of changes in internal and external conditions for debtors who experience late payments and all bad loans.
on the bank's credit portfolio. Credit collection and recovery is carried out by the Special Asset
d. In carrying out the credit Risk Management function, the credit Management Unit. In terms of resolving non-performing loans
approval process has been regulated in bank policies, guidelines, by confiscation of collateral or the auction process at the Private
and SOPs, which include, among other things, setting limits Auction Center and the District Court, the Legal Division plays
on the authority of regional credit makers and credit committees a role in providing assistance so that it is always proper in
at the head office so that the risk management of credit litigation.
disbursement can run optimally.
e. Credit analysis is carried out by implementing the 5C principles, Credit Collection and Recovery
namely Character, Capital, Collateral, Capacity and Condition
of the Economy. In addition, credit analysis will also be carried The Bank's credit collection system is proactively done through
out by considering the impact of lending on risk exposures Special Asset Management (SAM) Division, which specifically
other than credit risk, such as market risk, liquidity risk, operational handles non-performing loans. Credit collection and recovery
risk, legal risk, compliance risk, reputation risk and strategic risk. are carried out non-performing debtors of which the handling
f. The Bank always refers to the practice of prudential principles method is adjusted to the different problems of each debtor.
in assessing credit quality, providing credit decisions with For the execution of collateral, SAM Division cooperates with
adequate analysis of the 3 PILLAR assessment factors, namely Legal Division in settlement through legal channels.
Page 75
Corporate Governance Corporate Information Financial Statement Annual Report 75
Risk Management
Credit Concentration Risk Management Policy
The Bank diversifies its loan portfolio by spreading risks arising from various industrial sectors and credit segments. Credit concentration
risk management is carried out including:
- Determination of limits based on the Industrial sector.
- Credit concentration risk analysis is carried out in accordance with the portfolio profile managed by the Bank by considering various
impacts of changes in various economic indicators that can affect lending in certain economic sectors.
- Analysis of Non-Performing Loans (NPL) movements in each industry sector.
- Monitor credit concentration risk on a regular basis.
- Calculating the capital allocation for credit concentration risk, which is conveyed through the Capital Calculation Report Based on
Risk Profile or ICAAP.
Credit Risk Exposure
Based on the exposure category according to the Standard Approach, the Bank has the following exposures:
Disclosure of Net Receivables by Region - Bank Individually
(in million IDR)
31 December 2024 31 December 2023
No. Portfolio Category Net Receivables by Region Net Receivables by Region
Region 1 Region 2 Region 3 Others Total Region 1 Region 2 Region 3 Others Total
a b c d e f g h i j k l
1 Receivables to Government 8,125,909 - - - 8,125,909 5,889,066 - - - 5,889,066
2 Receivables on Public Sector 2,144,507 - - - 2,144,507 1,626,646 - - - 1,626,647
Entities
3 Receivables to Multilateral - - - - - - - - - -
Development Banks and
International Institutions
4 Receivables to Bank 708,890 - - - 708,890 386,775 - - - 386,775
5 Receivables in the form of a - - - - - - - - - -
Covered Bond
6 Receivables to Securities 3,312,732 - - - 3,312,732 - - - - -
Companies and Other Financial
Services Institutions
7 Receivables in the form of - - - - - - - - - -
Securities/Subordinated
Receivables, Equity and Other
Capital Instruments
8 Residential Property Secured 1,903,005 168,798 38,822 63,795 2,174,419 2,195,070 168,358 45,541 89,013 2,497,983
Loans
9 Commercial Property Backed 1,789,103 230,449 205,063 311,059 2,535,674 2,045,198 274,026 167,228 316,355 2,802,807
Loans
10 Loans for Land Acquisition, Land - - - - - - - - - -
Management and Construction
11 Employee or Retiree Loans - - - - - - - - - -
12 Receivables on Micro 286,420 10,310 3,859 27,454 328,043 173,013 6,044 - 18,446 197,505
Businesses, Small Businesses,
and Retail Portfolios
13 Receivables to Corporations 7,489,970 1,347,384 3,444,561 209,362 12,491,278 5,883,179 753,364 1,768,835 461,515 8,866,896
14 Past due receivables 168,225 7,531 13,086 4,506 193,347 134,980 6,591 1,601 6,627 149,799
15 Other Assets 1,078,805 - - - 1,078,805 3,951,612 - - - 3,951,612
TOTAL 27,007,566 1,764,473 3,705,391 616,175 33,093,605 22,285,539 1,208,384 1,983,206 891,955 26,369,089
The Bank does not have a subsidiary, therefore the Bank in Consolidation with Subsidiaries is Zero.
Geographically, the Bank office network is spread across major cities in Indonesia, such as; Jakarta, Bogor, Tangerang, Bekasi, Serpong,
Bandung, Semarang, Solo, Yogyakarta, Surabaya, Denpasar, Pontianak, Bandar Lampung, Pekanbaru, Palembang, Batam, Makassar, Cirebon,
Mataram and Malang.
Page 76
76 Opening Business and Functional Review Financial Review
Risk Management
Disclosure of Net Receivables Based on the Remaining Contract Term - Bank Individually
(in million IDR)
31 December 2024 31 December 2023
Net Receivable based on Contract Term Net Receivable based on Contract Term
No. Portfolio Category
> 1 year >3 > 1 year > 3 years
>5 Non- Non-
< 1 year to 3 years to Total < 1 year to 3 to 5 > 5 years Total
years contractual contractual
years 5 years years years
(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (13) (14)
1 Receivables to 8,125,909 - - - - 8,125,909 5,889,066 - - - - 5,889,066
Government
2 Receivables on Public 777,677 91,784 325,338 949,709 - 2,144,507 547,755 164,621 382,821 531,449 - 1,626,646
Sector Entities
3 Receivables from 875,618 965,452 864,684 606,978 - 3,312,732 533,679 1,229,672 1,033,166 18,674 - 2,815,190
Securities Companies and
Financial Services
Institutions
4 Receivables to Multilateral - - - - - - - - - - - -
Development Banks and
International Institutions
5 Receivables to Bank 708,890 - - - - 708,890 386,775 - - - - 386,775
6 Receivables in the form of - - - - - - - - - - - -
a Covered Bond
7 Receivables to Securities - - - - - - - - - - - -
Companies and Other
Financial Services
Institutions
8 Residential Property 640,344 90,912 236,618 1,206,545 - 2,174,419 845,553 120,081 302,306 1,230,042 - 2,497,983
Secured Loans
9 Commercial Property 1,365,186 179,102 435,940 555,411 34 2,535,674 1,452,790 211,528 327,017 809,871 1,600 2,802,807
Backed Loans
10 Loans for Land Acquisition, - - - - - - - - - - - -
Land Management and
Construction
11 Employee or Retiree - - - - - - - - - - - -
Loans
12 Receivables on Micro 223,956 6,505 34,279 63,304 - 328,043 156,678 1,253 9,551 30,021 - 197,503
Businesses, Small Businesses,
and Retail Portfolios
13 Receivables to 3,070,079 1,026,096 3,922,135 4,472,969 - 12,491,279 1,739,947 311,795 1,462,843 5,352,309 - 8,866,894
Corporations
14 Past due receivables 11,293 71,914 18,114 30,253 61,773 193,347 21,778 6,577 53,025 31,185 37,235 149,799
15 Other Assets 1,078,805 - - - - 1,078,805 1,136,422 - - - - 1,136,422
TOTAL 16,877,757 2,431,765 5,837,108 7,885,169 61,807 33,093,605 12,710,443 2,045,527 3,570,728 8,003,551 38,835 26,369,084
The Bank does not have a subsidiary; thus, the Disclosure of Net Receivables Based on Remaining Contract Term - Bank in Consolidation with
Subsidiaries is Zero
Page 77
Corporate Governance Corporate Information Financial Statement Annual Report 77
Risk Management
Disclosure of Net Receivables by Economic Sector - Bank Individually
(in million IDR)
Receivables Receivables Receivables
Receivables to Securities to Multilateral Commercial to Micro,
Receivables Home- Employee/ Receivables
to Public Companies Development Receivables Property- Small Past Due Others
No. Economic Sector to Backed Retiree to
Sector and Financial Bank and to Bank Backed Businesses, Receivables Assets
Government Loans Loans Corporations
Entities Services International Loans and Retail
Institutions Institutions Portfolio
(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (13) (14)
31 December 2024
1 Agriculture, Forestry - - - - - 39,800 6,416 - - 23,891 6,000 -
and Fisheries
2 Mining and excavation - 332,710 - - - 90,993 8,158 - 80,710 378,943 - -
3 Processing industry - - - - - 627,161 145,450 - 6,501 5,342,877 - -
4 Procurement of - 164,929 - - - 20,197 617 - - 1,906,895 - -
Electricity, Gas, Steam/
Hot Water and Cold Air
5 Water Management, - - - - - - - - - 210,606 - -
Waste Water
Management, Waste
Management and
Recycling, and
Remediation Activities
6 Construction - 890,043 - - - 234,379 365,941 - 1,959 239,458 2,100 -
7 Wholesale and Retail - - 6,983 - - 476,681 278,401 - 79,518 2,222,098 1,365 -
Trade; Car and
Motorcycle Repair and
Maintenance
8 Transportation and - 250,860 - - - 97,595 45,586 - 43,243 11,353 3,500 -
Warehousing
9 Provision of - - - - - 319,707 36,871 - 22,434 234,875 2,700 -
accommodation and
provision of food and
drink
10 Information and - - - - - 47,013 2,828 - 2,404 193,210 - -
Communication
11 Financial and - 505,965 3,305,749 - - - 1,843 - 2,685 - - -
Insurance Activities
12 Real Estate - - - - - 237,441 25,584 - 3,970 65,056 136,780 -
13 Professional, Scientific - - - - - 5,204 3,299 - 612 41,052 600 -
and Technical Activities
14 Rental and Leasing - - - - - 53,882 118,103 - 14,300 417,042 804 -
Activities without
Option Rights,
Employment, Travel
Agents and Other
Business Support.
15 Government - - - - - - 1,253 - - - - -
Administration, Defense
and Mandatory Social
Security
16 Education - - - - - 61,601 - - - - - -
17 Human Health - - - - - 1,329 7,474 - 15,223 80,009 - -
Activities and Social
Activities
18 Arts, Entertainment - - - - - - 4,677 - - - - -
and Recreation
19 Other Service Activities - - - - - 4,466 2,327 - - - 868 -
20 Household Activities as - - - - - - - - - - - -
an Employer; Activities
that produce goods and
services by households
that are used to meet
their own needs
21 Activities of International - - - - - - - - - - - -
Agencies and Other Extra
International Agencies
22 Household - - - - - 218,226 1,119,591 - 54,485 - 38,630 -
23 Not Other Business - - - - - - - - - - - -
Fields
24 Others 8,125,909 - - - 708,890 - - - - - - 1,153,313
TOTAL 8,125,909 2,144,507 3,312,732 - 708,890 2,535,674 2,174,419 - 328,043 12,491,279 193,347 1,153,313
Page 78
78 Opening Business and Functional Review Financial Review
Risk Management
Disclosure of Net Receivables by Economic Sector - Bank Individually
(in million IDR)
Receivables Receivables Receivables
Receivables to Securities to Multilateral Commercial to Micro,
Receivables Home- Employee/ Receivables
to Public Companies Development Receivables Property- Small Past Due Others
No. Economic Sector to Backed Retiree to
Sector and Financial Bank and to Bank Backed Businesses, Receivables Assets
Government Loans Loans Corporations
Entities Services International Loans and Retail
Institutions Institutions Portfolio
(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (13) (14)
31 December 2023
1 Agriculture, Forestry - - - - - 13,039 19,808 - 4,918 22,226 -
and Fisheries
2 Mining and excavation - 164,621 - - - 5,454 90,623 - 61,608 411,796 -
3 Processing industry - - - - - 151,228 798,956 - 7,622 2,902,342 42,625 -
4 Procurement of - - - - - 233,737 24,535 - - 2,928,753 -
Electricity, Gas, Steam/
Hot Water and Cold Air
5 Water Management, - 157,272 - - - - - - - - - -
Waste Water
Management, Waste
Management and
Recycling, and
Remediation Activities
6 Construction - 706,330 - - - 99,756 190,402 - - 160,467 26,956 -
7 Wholesale and Retail - - - - - 452,491 458,793 - 30,706 743,677 38,771 -
Trade; Car and
Motorcycle Repair and
Maintenance
8 Transportation and - - - - - 40,564 122,663 - 12,222 727,920 600 -
Warehousing
9 Provision of - - - - - 49,205 358,125 - 13,358 115,315 4,174 -
accommodation and
provision of food and
drink
10 Information and - - - - - - - - - - - -
Communication
11 Financial and - 598,423 2,523,427 - - 1,739 - - - - - -
Insurance Activities
12 Real Estate - - 291,763 235,989 495,615 1,210 779,558 9,017
13 Professional, Scientific - - - - - - - - - - - -
and Technical Activities
14 Rental and Leasing - - - - - - - - - - - -
Activities without
Option Rights,
Employment, Travel
Agents and Other
Business Support.
15 Government - - - - - 847 - - - - - -
Administration, Defense
and Mandatory Social
Security
16 Education - - - - - 544 34,686 - - -
17 Human Health Activities - - - - - 2,587 4,527 - 40,964 74,839 - -
and Social Activities
18 Arts, Entertainment - - - - - - - - - - - -
and Recreation
19 Other Service Activities - - - - - - - - - - - -
20 Household Activities as - - - - - - - - - - - -
an Employer; Activities
that produce goods and
services by households
that are used to meet
their own needs
21 Activities of - - - - - - - - - - - -
International Agencies
and Other Extra
International Agencies
22 Household - - - - - - - - - - - -
23 Not Other Business - - - - - - - - - - - -
Fields
24 Others 5,889,066 - - - 386,775 1,210,804 204,074 - 24,894 - 27,656 1,136,421
TOTAL 5,889,066 1,626,646 2,815,190 - 386,775 2,497,983 2,802,807 - 197,503 8,866,894 149,799 1,136,421
The Bank does not have a subsidiary; thus, Disclosure of Net Receivables by Economic Sector - Consolidated Banks with Subsidiaries is Zero.
Page 79
Corporate Governance Corporate Information Financial Statement Annual Report 79
Risk Management
Disclosure of Receivables and Allowances by Region - Bank Individually
(in million IDR)
31 December 2024 31 December 2023
No. Description Region Region
Region 1 Region 2 Region 3 Others Total Region 1 Region 2 Region 3 Others Total
(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12)
1. Receivables 27,007,566 1,764,473 3,705,391 616,175 33,093,605 22,285,539 1,208,384 1,983,206 891,955 26,369,084
2. Impaired Receivables
a. Not Yet Due 17,201,292 1,763,645 3,693,846 611,670 23,270,453 15,101,187 1,203,793 1,982,435 883,728 19,171,143
b. Overdue 176,470 828 11,544 4,506 193,348 175,246 4,591 771 8,227 188,835
3. Allowance for Impairment Losses - 21,226 2,868 4,374 4,785 33,252 23,457 1,228 2,056 3,704 30,445
Stage 1
4. Allowance for Impairment Losses - 2,469 255 65 - 2,789 72,706 21 1,075 1,120 74,921
Stage 2
5. Allowance for Impairment Losses - 406,960 2,188 3,489 2,243 414,881 399,425 5,995 465 2,310 408,195
Stage 3
6. Receivables written off 232,099 - - - 232,099 9,313 - - - 9,313
Page 80
80 Opening Business and Functional Review Financial Review
Risk Management
Disclosure of Receivables and Provisions Based on Economic Sector - Bank Individually
(in million IDR)
Allowance Allowance Allowance
Impaired Receivables for for for Deleted
No. Economic Sector Receivables Impairment Impairment Impairment book
Not Yet Losses Losses Losses receivables
Past Due
Mature - stage 1 - stage 2 - stage 3
(1) (2) (3) (4) (5) (6) (7) (8)
31 December 2024
1 Agriculture, Forestry and Fisheries 76,107 70,107 6,000 100 - 1,693 -
2 Mining and excavation 891,515 891,515 - 833 - - -
3 Processing industry 6,412,946 6,396,580 16,365 7,006 157 283,709 -
4 Procurement of Electricity, Gas, Steam/Hot Water and Cold Air 2,092,637 2,092,637 - 2,688 7 - -
5 Water Management, Waste Water Management, Waste 210,606 210,606 - 262 - - -
Management and Recycling, and Remediation Activities
6 Construction 1,793,546 1,791,446 2,100 1,809 148 65,826 -
7 Wholesale and Retail Trade; Car and Motorcycle Repair 3,007,277 2,846,914 160,363 2,808 138 19,530 -
and Maintenance
8 Transportation and Warehousing 1,576,051 1,572,551 3,500 2,453 - 989 -
9 Provision of accommodation and provision of food and drink 616,587 613,887 2,700 7,206 - 3,714 -
10 Information and Communication 245,454 245,454 - 191 - - -
11 Financial and Insurance Activities 3,807,826 3,807,826 - 3,347 - - -
12 Real Estate 468,831 467,731 1,100 314 - 28,095 -
13 Professional, Scientific and Technical Activities 50,768 50,168 600 37 - 189 -
14 Rental and Leasing Activities without Option Rights, 604,131 604,131 - 633 - 78 -
Employment, Travel Agencies and Other Business
Support Activities
15 Government Administration, Defense and Compulsory 1,253 1,253 - 2 - - -
Social Security
16 Education 61,601 61,601 - 79 - - -
17 Human Health and Social Activities 104,035 104,035 - 111 - - -
18 Arts, Entertainment and Recreation 4,677 4,677 - 15 - - -
19 Other Service Activities 7,661 7,106 556 12 - 274 -
20 Activities of Households as Employers; Activities that - - - - - - -
Produce Goods and Services by Households Used to
Meet Their Own Needs
21 Activities of International and Other Extra-International - - - - - - -
Bodies
22 Households 1,430,292 1,430,230 63 3,347 2,339 10,784 -
23 Not Other Business Fields - - - - - - -
24 Others 9,702,267 9,702,267 - - - - 232,099
Total 33,166,068 32,972,722 193,347 33,252 2,789 414,881 232,099
31 December 2023
1 Agriculture, Forestry and Fisheries 59,993 - 59,993 114 - - -
2 Mining and excavation 734,102 - 734,102 444 - - -
3 Processing industry 4,204,535 86,775 4,117,760 4,078 2,289 269,320
4 Procurement of Electricity, Gas, Steam/Hot Water and Cold Air 3,154,130 - 3,154,130 3,387 64 - -
5 Water Management, Waste Water Management, Waste 146,284 - 146,284 160 - - -
Management and Recycling, and Remediation Activities
6 Construction 1,234,578 24,002 1,210,576 1,140 64,846 20,545 -
7 Wholesale and Retail Trade; Car and Motorcycle Repair 1,770,303 50,593 1,719,709 2,580 3,686 52,591 -
and Maintenance
8 Transportation and Warehousing 694,559 - 694,559 798 - - -
9 Provision of accommodation and provision of food and drink 540,177 4,174 536,003 5,648 590 1,239 -
10 Information and Communication 20,916 600 20,316 174 - 209 -
11 Financial and Insurance Activities 3,115,973 - 3,115,973 2,832 - - -
12 Real Estate 879,364 18,598 860,766 6,106 257 45,729 -
Page 81
Corporate Governance Corporate Information Financial Statement Annual Report 81
Risk Management
Disclosure of Receivables and Provisions Based on Economic Sector - Bank Individually
(in million IDR)
Allowance Allowance Allowance
Impaired Receivables for for for Deleted
No. Economic Sector Receivables Impairment Impairment Impairment book
Not Yet Losses Losses Losses receivables
Past Due
Mature - stage 1 - stage 2 - stage 3
13 Professional, Scientific and Technical Activities 43,977 - 43,977 42 - 209 -
14 Rental and Leasing Activities without Option Rights, 929,812 - 929,812 988 - 1,114 -
Employment, Travel Agencies and Other Business
Support Activities
15 Government Administration, Defense and Compulsory 847 - 847 2 - - -
Social Security
16 Education 35,230 - 35,230 51 - - -
17 Human Health and Social Activities 122,916 - 122,916 135 - - -
18 Arts, Entertainment and Recreation 657 600 57 0 - - -
19 Other Service Activities - - - - - - -
20 Activities of Households as Employers; Activities that - - - - - - -
Produce Goods and Services by Households Used to
Meet Their Own Needs
21 Activities of International and Other Extra-International - - - - - - -
Bodies
22 Households - - - - - - -
23 Not Other Business Fields - - - - - - -
24 Others 8,680,733 3,494 8,677,239 1,765 3,189 17,238 9,313
Total 26,369,084 188,835 26,180,248 30,445 74,921 408,195 9,313
The Bank does not have a subsidiary; thus, the Disclosure of Receivables and Allowances Based on Economic Sector - Consolidated Banks
and Subsidiaries is Zero.
Disclosure of Receivables and Provisions Based on Days of Overdue - Individual Banks
31 December 2024 31 December 2023
Receivables Based on Days Overdue Receivables Based on Days Overdue
No Type of Exposure
>90 days >120 >90 days >120 days
>180
until 120 days until Total until 120 until 180 >180 days Total
days
days 180 days days days
a b c d e f g h i j
1 Loans included in Past Due Receivables 13,239.88 12,884.00 167,224.00 193,347.88 246,418.00 37,429.00 272,565.00 556,412.00
2 Securities included in Past Due Receivables - - - - - - - -
TOTAL 13,239.88 12,884.00 167,224.00 193,347.88 246,418.00 37,429.00 272,565.00 556,412.00
Disclosure of Performing and Non-Performing Assets - Individual Banks
Non Performing
Performing (Substandard, Doubtful and Bad Quality)
(Current and Special Receivables That Are Not Impaired in Value
Mention Quality) Impaired Receivables Have > 90 Days in Have ≤ 90 Days in
Description Arrears Arrears
Allowance Allowance Allowance Allowance
Gross Gross Gross Gross
for for for for
Carrying Carrying Carrying Carrying
Impairment Impairment Impairment Impairment
Amount Amount Amount Amount
Losses Losses Losses Losses
a b c d e f g h
1 Securities 5,247,450 104 - - - - - -
2 Loans - - - - - - - -
a. Corporate 12,388,453 14,016 - - - - - -
b. Retail 327,678 554 - - - - - -
3 Administrative Account Transactions 891,886 648 - - - - - -
Page 82
82 Opening Business and Functional Review Financial Review
Risk Management
Disclosure of Performing and Non-Performing Restructuring Assets - Individual Banks
Non Performing
Performing
(Substandard,
(Current and Special Stage 1 Stage 2 Stage 3
Doubtful and Bad
Mention Quality)
Quality)
Description
Allowance Allowance Allowance Allowance Allowance
Gross Gross Gross Gross Gross
for for for for for
Carrying Carrying Carrying Carrying Carrying
Impairment Impairment Impairment Impairment Impairment
Value Value Value Value Value
Losses Losses Losses Losses Losses
a b c d e f g h i j
1 Securities - - - - - - - - - -
2 Loans - - - - - - - - - -
a. Corporate 1,855,571 2,379 - - 1,855,571 2,379 - - - -
b. Retail 2,980 7 - - 2,980 7 - - - -
3 Administrative Account - - - - - - - - - -
Transactions
Disclosure of Loan Quality of Assets (CR1)
1) Bank individually
Gross Carrying Value Allowance for Impairment Losses Allowance for
Allowance for
Impairment Net Value
Description Impairment
Past Due Receivables that Stage 2 and Losses (a+b-c)
Losses Stage 1
Receivables are not yet due Stage 3 (IRB Approach)
a b c d e f g
1 Loans 498,401 22,965,400 450,922 417,670 33,252 - 23,012,879
2 Securities - 5,247,450 104 - 104 - 5,247,346
3 Administrative Account - 891,886 648 - 648 - 891,238
Transactions
4 Total 498,401 29,104,736 451,674 417,670 34,004 - 29,151,463
Additional disclosures
Past due receivables include those with more than 90 days overdue or collectability 3,4 and 5.
Disclosure of Mutation of Past Due Loans and Securities (CR2)
1) Bank Individually
(in million IDR)
a
1 Loans and Securities that have matured in the last reporting period 498,401
2 Loans and securities that have matured since the last reporting period -
3 Loans and securities that have returned to not yet due status -
4 Write-off value -
5 Other changes -
6 Loans and Securities that have matured at the end of the reporting period (1+2-3-4+5) 498,401
Additional Disclosures
Past due receivables are entirely derived from loans.
Page 83
Corporate Governance Corporate Information Financial Statement Annual Report 83
Risk Management
Quantitative Disclosures related to Credit Risk Mitigation Techniques (CR3)
1) Bank individually
Receivables Not Receivables Secured Receivables Secured
Secured by Credit by Credit Risk Receivables Secured by Guarantees, Receivables Secured
Description
Risk Mitigation Mitigation by Collateral Guarantees and/or by Credit Derivatives
Techniques Techniques Credit Insurance
a b c d e
1 Loans 19,821,542 3,191,336 - - -
2 Securities 5,247,346 - - - -
3 Total 25,068,888 3,191,336 - - -
4 Past Due Loans and Securities 193,347 - - - -
Additional Disclosures
The Bank applies the Credit Risk Mitigation with Collateral Technique with a Simple Approach to Credit and Securities exposures.
All Receivables secured by Credit Risk Mitigation (MRK) technique come from Loans provided to Customers.
There are no significant changes to the exposure of Asset positions in the Financial Statements.
Disclosure of Credit Risk Exposure and Impact of Credit Risk Mitigation Techniques (CR4)
1) Bank Individually
Net Receivables Before Net Receivables After
Implementation of Implementation of
RWA and Average Risk
Commitment Obligation Commitment Obligation
Weight
Function (FKK) and Credit Risk Function (FKK) and Credit Risk
Portfolio Category Mitigation (MRK) Techniques Mitigation (MRK) Techniques
Statement of Administrative Statement of Administrative Average
Financial Account Financial Account RWA Risk Weight
Position Transactions Position Transactions (e/(c+d))
a b c d e f
1 Receivables to Government 8,125,909 - 8,125,909 - - 0.00%
2 Receivables on Public Sector Entities 2,144,507 162,132 2,144,507 16,213 763,207 35.32%
3 Receivables to Multilateral Development Banks and - - - - - 0.00%
International Institutions
4 Receivables to Bank 708,890 - 708,890 - 141,778 20.00%
Receivables to Securities Companies and Other 3,312,732 225,240 3,312,732 225,240 1,334,102 37.71%
Financial Services Institutions 1)
5 The Receivable is in the form of a Covered Bond - - - - - 0.00%
6 Receivables on Corporations - General Corporate 12,491,279 4,224,434 12,491,279 716,834 11,652,384 88.22%
Exposures 2)
Receivables from securities companies and other - - - - - 0.00%
financial services institutions 3)
Special Financing Exposure 4) - - - - - 0.00%
7 Receivables in the form of Securities/Subordinated - - - - - 0.00%
Receivables, Equity and Other Capital Instruments
8 Receivables on Micro Businesses, Small Businesses, 328,043 77,177 328,043 7,788 106,703 31.77%
and Retail Portfolios
9 Property Backed Loans
Residential Property-Backaged Loans whose 2,174,419 487,590 2,174,419 48,759 1,102,740 49.60%
Payments Are Not Materially Dependent on Property
Cash Flow
Residential Property-Backaged Loans whose Payments - - - - - 0.00%
Depend Materially on the Property's Cash Flows
Commercial Property-Backed Loans Where Payments - - - - - 0.00%
Are Not Materially Dependent on Property Cash Flows
Commercial Property-Backed Loans Where Payments 2,535,674 684,116 2,535,674 68,412 2,566,323 98.55%
Depend Materially on the Property's Cash Flows
10 Past Due Receivables 193,347 - 193,347 - 96,674 50.00%
11 Other Assets 1,078,805 - 1,078,805 - 949,509 88.01%
12 Total 33,093,605 5,860,689 33,093,605 1,083,246 18,713,420 54.75%
Page 84
84 Opening Business and Functional Review Financial Review
Risk Management
Exposure Disclosure by Asset Class and Risk Weight (CR5)
1) Bank Individually
Portfolio Category 0% 20% 50% 100% 150% Others Net Receivables After FKK and MRK Techniques
1 Receivables to 8,125,909 - - - - - 8,125,909
Government
Portfolio Category 20% 50% 100% 150% Others Net Receivables After FKK and MRK Techniques
2 Receivables to - 2,160,720 - - - 2,160,720
Public Entities
Portfolio Category 0% 20% 30% 50% 100% 150% Others Net Receivables After FKK and MRK Techniques
3 Receivables to - - - - - - - -
Multilateral
Development
Banks and
International
Institutions
Portfolio Category 20% 30% 40% 50% 75% 100% 150% Others Net Receivables After FKK and MRK Techniques
4 Receivables to Bank 708,890 - - - - - - - 708,890
Receivables to - - 3,537,972 - - - - - -
Securities Companies
and Other Financial
Services Institutions 1)
Portfolio Category 10% 15% 20% 25% 35% 50% 100% Others Net Receivables After FKK and MRK Techniques
5 Receivables are in the - - - - - - - - -
form of Covered Bonds
Net Receivables After FKK
Portfolio Category 20% 50% 65% 75% 80% 85% 100% 130% 150% Others
and MRK Techniques
6 Receivables to - 716,834 - - - - 12,491,279 - - - 13,208,113
General Corporations
2)
Receivables from - - - - - - - - - - -
securities companies
and other financial
services institutions 3)
Special Financing - - - - - - - - - - -
Exposure 4)
Portfolio Category 100% 150% 250% 400% Others Net Receivables After FKK and MRK Techniques
7 Receivables in the - - - - - -
form of Securities/
Subordinated
Receivables, Equity
and Other Capital
Instruments
Portfolio Category 45% 75% 85% 100% Others Net Receivables After FKK and MRK Techniques
8 Receivables on 231,406 104,425 - - - 335,831
Micro Businesses,
Small Businesses
and Retail Portfolio
Page 85
Corporate Governance Corporate Information Financial Statement Annual Report 85
Risk Management
Net
Receivables
Portfolio Category 0% 20% 25% 30% 35% 40% 45% 50% 60% 65% 70% 75% 85% 90% 100% 105% 110% 150% After FKK
and MRK
Techniques
9 Property Backed
Loans
Residential - 17,743 2,372 - - - - 2,154,304 - - - - - - - - - - 2,174,419
Property-Backaged
Loans whose
Payments Are Not
Materially
Dependent on
Property Cash Flow
without credit - - - - - - - - - - - - - - - - - - -
sharing
approach 5)
using a credit - - - - - - - - - - - - - - - - - - -
distribution
approach
(guaranteed) 5)
using a credit - - - - - - - - - - - - - - - - - - -
sharing approach
(guaranteed) 5)
Residential - - - - - - - - - - - - - - - - - - -
Property-Backaged
Loans whose
Payments Depend
Materially on the
Property's Cash
Flows
Commercial Property- - - - - - - - 64,401 - - - - - - 2,471,273 - - - 2,535,674
Backed Loans Where
Payments Are Not
Materially Dependent
on Property Cash
Flows
without credit - - - - - - - - - - - - - - - - - - -
sharing
approach 5)
using a credit - - - - - - - - - - - - - - - - - - -
distribution
approach
(guaranteed) 5)
using a credit - - - - - - - - - - - - - - - - - - -
sharing approach
(guaranteed) 5)
Commercial Property- - - - - - - - - - - - - - - - - - - -
Backed Loans Where
Payments Depend
Materially on the
Property's Cash Flows
Land Acquisition, - - - - - - - - - - - - - - - - - - -
Land Processing
and Construction
Credit 5)
Portfolio Category 50% 100% 150% Others Net Receivables After FKK and MRK Techniques
10 Past Due Receivables 193,347 - - - 193,347
Portfolio Category 0% 20% 100% 150% 1250% Others Net Receivables After FKK and MRK Techniques
11 Other Assets 169,338 - 829,383 80,084 - - 1,078,805
Page 86
86 Opening Business and Functional Review Financial Review
Risk Management
Exposure Disclosure by Asset Class and Risk Weight (CR5) Cont
1) Bank Individually
Net Receivables (After
Net Receivables Statement TRA Net Receivables
No. Risk Weight Average FKK imposition of FKK and MRK
of Financial Position (before imposition of FKK)
Technique)
1 <40% 9,024,252 97,518 - 9,121,770
2 40%-70% 8,092,997 5,078,879 - 13,171,876
3 75% 104,337 176 - 104,513
4 85% - - - -
5 90%-100% 15,791,935 684,116 - 16,476,051
6 105%-130% - - -
7 150% 80,084 - - 80,084
8 250% - - - -
9 400% - - - -
10 1250% - - - -
11 Total Net Receivables 33,093,605 5,860,689 - 38,954,294
Qualitative Disclosure Regarding Counterparty Credit Risk
The Bank manages this risk comprehensively by monitoring the Counterparty Credit Risk exposure on a monthly basis including the measurement of
the Potential Future Exposure (PFE) value.
CCR1: Analysis of Credit Risk Net Receivables due to counterparty failure based on the approach used
a b c d e f
No. Description Alpha is used for
Replacement Potential future
EEPE the calculation of Net Receivables RWA
cost (RC) exposure (PFE)
regulatory EAD
1 SA-CCR (for derivatives) - 2,417,450 - 1.4 3,384,430 676,886
2 Internal Model Method (for - - - - N/A N/A
derivatives and SFTs)
3 Simple Approach for credit risk - - - - N/A N/A
mitigation (for SFTs)
4 Comprehensive Approach for - - - - - -
credit risk mitigation (for SFTs)
5 VaR for SFTs - - - - N/A N/A
6 Total - - - - - 676,886
Qualitative Analysis
In accordance with OJK Circular Letter No.48/SEOJK.03/2017, the calculation of RWA Credit Risk due to counterparty failure (Counterparty Credit Risk)
using the standard approach method for derivative transactions uses the Replacement Cost calculation analysis method for derivative transactions
without margin.
Page 87
Corporate Governance Corporate Information Financial Statement Annual Report 87
Risk Management
CCR3 : CCR Exposure Based on Portfolio Category and Risk Weight
Risk Weight a b c d e f g h i
No. Total Net
Portfolio Category 0% 10% 20% 50% 75% 100% 150% Others
Receivables
Indonesia
1 Receivables to Government - - - - - - - - -
a. Receivables to the Indonesian
Government
b. Receivables to Governments of Other
Countries
2 Receivables on Public Sector Entities - - - - - - - - -
3 Receivables to Multilateral Development - - - - - - - - -
Banks and International Institutions
4 Receivables to Bank - - 3,384,430 - - - - - 3,384,430
a. Short Term Receivables - - 3,384,430 - - - - - 3,384,430
b. Long Term Receivables - - - - - - - - -
5 Receivables to Securities Companies and - - - - - - - - -
Other Financial Services Institutions
a. Short Term Receivables
b. Long Term Receivables
6 Receivables on Micro Businesses, Small - - - - - - - - -
Businesses and Retail Portfolios
7 Receivables on Corporations - - - - - - - - -
Counterparty Credit Risk - - 3,384,430 - - - - - 3,384,430
Qualitative Analysis
The increase in Net Receivables was due to an increase in the portfolio category of Receivables to other banks with a rating of 20%
CCR6 : Credit Derivative Net Receivables
a b
Protection bought Protection sold
Indonesia
Notional Value
Single-name credit default swaps - -
Index credit default swaps - -
Total return swaps - -
Credit options - -
Other credit derivatives - -
Total Notional Value - -
Fair value - -
Positive fair value (asset) - -
Negative fair value (liability) - -
SECA Explanation of Qualitative disclosures regarding securitization exposure
Explanation of Qualitative disclosures regarding securitization exposure
There is nothing about securitization exposure
Page 88
88 Opening Business and Functional Review Financial Review
Risk Management
SEC1: Securitization Exposure on the Banking Book
a b c e f g i j k
Description Bank as originator Bank as sponsor Bank as investor
Traditional Synthetic Sub-total Traditional Synthetic Sub-total Traditional Synthetic Sub-total
1 Retail (total) – of which
2 Residential mortgage - - - - - - - - -
3 Credit card - - - - - - - - -
4 Other retail exposures - - - - - - - - -
5 Re-securitisation - - - - - - - - -
6 Wholesale (total) – of which - - - - - - - - -
7 Loans to corporates - - - - - - - - -
8 Commercial mortgage - - - - - - - - -
9 Lease and receivables - - - - - - - - -
10 Other wholesale - - - - - - - - -
11 Re-securitisation - - - - - - - - -
SEC2: Securitization Exposure on the Trading Book
a b c e f g i j k
Description Bank as originator Bank as sponsor Bank as investor
Traditional Synthetic Sub-total Traditional Synthetic Sub-total Traditional Synthetic Sub-total
1 Retail (total) – of which - - - - - - - - -
2 Residential mortgage - - - - - - - - -
3 Credit card - - - - - - - - -
4 Other retail exposures - - - - - - - - -
5 Re-securitisation - - - - - - - - -
6 Wholesale (total) - of which - - - - - - - - -
7 Loans to corporates - - - - - - - - -
8 Commercial mortgage - - - - - - - - -
9 Lease and receivables - - - - - - - - -
10 Other wholesale - - - - - - - - -
11 Re-securitisation - - - - - - - - -
SEC3 : Securitization exposure on the banking book when the bank is the originator or sponsor and its capital
requirements
a b c d e f g h i j k l m n o p q
Exposure value RWA
Exposure value
(based on regulatory (based on regulatory Capital charge after cap
(based on Risk Weight)
approach) approach)
No. Description
>20% >50% to >100% to IRB
≤20% 1250% IRB RBA IRB RBA
to 50% 100% <1250% RBA IRB SA/ IRB SA/ IRB SA/
Risk Risk 1250% (include 1250% (include 1250%
Risk Risk Risk (include SFA SSFA SFA SSFA SFA SSFA
Weight Weight IAA) IAA)
Weight Weight Weight IAA)
1 Total exposures - - - - - - - - - - - - - - - - -
2 Traditional securitisation - - - - - - - - - - - - - - - - -
3 Of which securitisation - - - - - - - - - - - - - - - - -
4 Of which retail underlying - - - - - - - - - - - - - - - - -
5 Of which wholesale - - - - - - - - - - - - - - - - -
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SEC3 : Securitization exposure on the banking book when the bank is the originator or sponsor and its capital
requirements
a b c d e f g h i j k l m n o p q
Exposure value RWA
Exposure value
(based on regulatory (based on regulatory Capital charge after cap
(based on Risk Weight)
approach) approach)
No. Description
>20% >50% to >100% to IRB
≤20% 1250% IRB RBA IRB RBA
to 50% 100% <1250% RBA IRB SA/ IRB SA/ IRB SA/
Risk Risk 1250% (include 1250% (include 1250%
Risk Risk Risk (include SFA SSFA SFA SSFA SFA SSFA
Weight Weight IAA) IAA)
Weight Weight Weight IAA)
6 Of which re-securitisation - - - - - - - - - - - - - - - - -
7 Of which senior - - - - - - - - - - - - - - - -
8 Of which non-senior - - - - - - - - - - - - - - - - -
9 Synthetic securitisation - - - - - - - - - - - - - - - - -
10 Of which securitisation - - - - - - - - - - - - - - - - -
11 Of which retail underlying - - - - - - - - - - - - - - - - -
12 Of which wholesale - - - - - - - - - - - - - - - - -
13 Of which re-securitisation - - - - - - - - - - - - - - - - -
14 Of which senior - - - - - - - - - - - - - - - - -
15 Of which non-senior - - - - - - - - - - - - - - - - -
Qualitative Analysis
SEC4: Securitization exposure on the banking book and its capital requirements
a b c d e f g h i j k l m n o p
Capital charge
Exposure value (based on Risk Weight) Exposure Values RWA
after cap
≤20%
No. Description Risk >20% >50% >100%
Weight to to to 1250%
IRB IRB SA/ IRB IRB SA/ IRB IRB SA/
50% 100% <1250% Risk 1250% 1250% 1250%
RBA SFA SSFA RBA SFA SSFA RBA SFA SSFA
Risk Risk Risk Weight
Weight Weight Weight
1 Total exposure
2 Traditional securitisation - - - - - - - - - - - - - - - - -
3 Of which securitisation - - - - - - - - - - - - - - - - -
4 Of which retail underlying - - - - - - - - - - - - - - - - -
5 Of which wholesale - - - - - - - - - - - - - - - - -
6 Of which re-securitisation - - - - - - - - - - - - - - - - -
7 Of which senior - - - - - - - - - - - - - - - - -
8 Of which non-senior - - - - - - - - - - - - - - - - -
9 Synthetic securitisation - - - - - - - - - - - - - - - - -
10 Of which securitisation - - - - - - - - - - - - - - - - -
11 Of which retail underlying - - - - - - - - - - - - - - - - -
12 Of which wholesale - - - - - - - - - - - - - - - - -
13 Of which re-securitisation - - - - - - - - - - - - - - - - -
14 Of which senior - - - - - - - - - - - - - - - - -
15 Of which non-senior - - - - - - - - - - - - - - - - -
Qualitative Analysis
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Market Risk Management Market - Trading Book
Market risk is the risk that the fair value or future cash flows of a Trading book market risk is the potential loss caused by changes
financial instrument will fluctuate due to changes in market variables, in interest rates and exchange rates on the trading portfolio. During
which include changes in interest rates, exchange rates, including 2024, the exposure of the Bank's trading book is still very limited.
derivative instruments, as well as micro and macro economic Any price changes that occur can be managed fairly well and will
conditions. not have a significant impact on Bank capital.
Market risk management is carried out on the position of financial Market Risk - Banking Book
instruments in the trading book and banking book. Market risk in
the trading book is measured by various methodologies, one of Banking book market risk is caused by movements in exchange
which is Value at Risk (VaR) which takes into account potential rates and interest rates on banking book activities that can be
losses within a period with a certain level of confidence. detrimental to banks. Banking book market risk management
arising from treasury activities and balance sheet position is
Market risk management, among others, is carried out on the adjusted to the strategies and policies set by Management through
following matters: the decisions of the asset and liability committee. Every change
a. The readiness of human, operational and IT resources capable in interest rates and exchange rates for banking book activities
of supporting market risk management in accordance with is managed by optimizing the structure of the bank's balance
the bank's business plan in product development that has the sheet to get maximum returns according to the level of risk that
potential to cause market risk exposure. Increasing the number is acceptable to the bank or the economic value of bank capital
of adequate human resources through the recruitment process (economic value perspective).
and improving the quality of human resources through the
training process. Sources of risk in banking book interest rates are repricing risk
b. Monitoring and reporting the magnitude of Market Risk, (mismatch between asset and liability components), basis risk
macroeconomics on the entire Bank's portfolio exposed to (use of different reference rates), option risk (repayment of loan
Market Risk. or withdrawal of deposits before maturity).
c. Monitoring and reporting on compliance with Market Risk
limits (realization of Market Risk exposure compared to the Pricing Management
limit).
d. Recommendations for follow-up on the occurrence of exceeding To maximize Net Interest Margin (NIM), the Bank implements a
the limit and/or the occurrence of abnormal market conditions, pricing policy for Fund products and credit products by considering
and/or the occurrence of other conditions that lead to an competitive market conditions. Apart from that, the Bank considers
increase in potential Market Risk. liquidity conditions and Fund needs. In order to minimize interest
e. Ensuring that the amount of bank capital required is sufficient rate risk, the Bank's credit interest rate will be adjusted to the fund
to cover the market risk of the trading book and banking book. interest rate. The Bank's loan interest rate is determined by taking
f. Stress testing simulation on the worst possible market impact into account the reserve requirement (GWM) fee and the Bank's
on the Bank's portfolio. profit margin while still taking into account the competitiveness
with the main competitors.
Development of a market risk exposure measurement system,
among others through simulation of 99% VaR calculation using The Bank publishes the Prime Lending Rate in Rupiah through
statistical methods to measure the ability of the Bank's capital announcements in each of the Bank's branch offices, the Bank's
to absorb potential losses. Based on policies, procedures and website and newspapers.
SOPs.
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Market Risk Disclosure Using Standard Methods
(in million IDR)
31 December 2024 31 December 2023
No. Risk Type Individual Consolidated Individual Consolidated
Capital Capital Capital Capital
RWA RWA RWA RWA
Expense Expense Expense Expense
(1) (2) (3) (4) (5) (6) (7) (8) (9) (10)
1. Interest Rate Risk
a. Specific Risk - - - - - - - -
b. General Risk 18,974.53 237,182 - - 27,285.35 341,066.88 - -
2. Exchange Rate Risk 108.80 1,360 - - 829.12 10,364.00 - -
3. Equity Risk *) - - - - - - - -
4. Commodity Risk *) - - - - - - - -
5. Option Risk - - - - - - - -
Total 19,083.33 238,541.63 - - 28,114.47 351,430.88 - -
Interest Rate Risk in Banking Book - Report on the Implementation of Risk Management
for IRRBB
IRRBB (Interest Rate Risk in the Banking Book) is the risk due to interest rate movements in the market that are contrary to the position of
the Banking Book, which has the potential to impact the Bank's equity and earnings, both now and in the future. IRRBB measurement is
carried out by determining the gap between interest rate sensitive assets, interest rate sensitive liabilities, and interest rate sensitive
contingent commitments between bucket repricing maturities then simulated with changes in the Bank’s interest rates.
Interest rate risk control is carried out by minimizing the repricing maturities gap on each time scale (bucket) between interest rate
sensitive assets, interest rate sensitive liabilities, and interest rate sensitive contingent commitments through the asset liability management
strategy.
The risk management strategy for IRRBB is implemented by minimizing the repricing maturities gap for each bucket between interest
rate sensitive assets, interest rate sensitive liabilities, and the Bank's interest rate sensitive contingency commitments. The interest rate
shock scenario and stress test scenario used by the Bank in calculating IRRBB using the EVE and NII approaches, namely 400 basis point
interest rate change with 6 types of interest rate shock scenarios used, namely:
1. Shock rate parallel up
2. Shock rate parallel down
3. Short down long up
4. Short up long down
5. Shock rate shock up
6. Shock rate shock down
The modeling assumptions used in the IRRBB calculation use a standard approach in accordance with FSA Circular Letter No.12/
SEOJK.03/2018. Currently, the Bank does not yet have other modeling assumptions to be used significantly in the Bank's internal
measurement system (IMS).
In calculating ΔEVE, the Bank takes into account all cash flows excluding margin. In the calculation process, the cash flows that have been
classified in 19 time buckets are multiplied by the reference interest rate and then discounted at the risk-free rate at the reporting date.
The average repricing maturity period applied to Non Maturity Deposits (NMD) is in the over-night time bucket of up to 1 month. The
longest repricing maturity period applied to NMD is in the time bucket >4Y to ≤5Y specifically for transactional retail NMD.
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Interest Rate Risk in Banking Book - IRRBB Calculation Report
Table of Report on the Application of Risk Management for Interest Rate Risk in Banking Book (IRRBB).
Report Position: 31 December 2024
(In million IDR)
Δ EVE Δ NII
Period
2024 2023 2024 2023
Parallel up (184,229.48) (127,925.13) 156,856.15 255,212.85
Parallel down (416,568.61) (511,377.22) (156,856.15) (255,212.85)
Steepener (195,843.06) (225,994.06)
Flattener 238,928.93 282,081.57
Short rate up 305,776.32 368,467.53
Short rate down (452,610.19) (550,808.54)
Negative Maximum Value (absolute) 452,610.19 550,808.54 156,856.15 255,212.85
Tier 1 Capital (for ΔEVE) or Projected Income (for ΔNII) 6,143,407 6,069,256 1,135,322.00 923,196.00
Maximum Value divided by Tier 1 Capital (for ΔEVE) or 7.37% 9.08% 13.82% 27.64%
Projected Income (for ΔNII)
Liquidity Risk (LIQA)
Liquidity risk is the risk resulting from the Bank's inability to meet maturing obligations from cash flow funding sources and/or from high
quality liquid assets that can be pledged as collateral, without disrupting the Bank's activities and financial condition.
Liquidity risk can be categorized as:
1. Market liquidity risk, namely the risk that arises because the Bank is unable to liquidate certain positions at market prices due to illiquid
market liquidity conditions or market disturbances.
2. Funding liquidity risk, namely the risk that arises because the Bank is unable to liquidate liquid assets or obtain funding.
Bank liquidity is influenced by funding structure, asset liquidity, liabilities to counterparties, and credit commitments to debtors. The Bank's
liquidity risk is measured through several indicators, including the Net Stable Funding Ratio (NSFR), Liquidity Coverage Ratio (LCR), Loan
to Deposit Ratio (LDR), and several other liquidity ratios.
Liquidity risk management, among others, is carried out as follows:
a. The readiness of human, operational and IT resources capable of supporting liquidity risk management in accordance with the bank's
business plan in developing products that have the potential to cause liquidity risk exposure. Increasing the number of adequate
human resources through the recruitment process and improving the quality of human resources through the training process.
b. Management of liquidity ratios within normal limits which include the ratio of LDR, NSFR, LCR, Liquid Assets Ratio to Non Core Deposit
(ALNCD), etc. This is to mitigate the bank's ability to meet its short-term obligations.
c. CCB Indonesia also proactively manages the core deposit base at an adequate level and ensures that existing liquidity limits are
adhered to.
d. Liquidity risk management is carried out through setting policies, setting limits and monitoring liquidity risk management.
e. Maintain primary reserves in the form of Statutory Reserves in accordance with the provisions of the Financial Services Authority and
provide optimal cash balances in accordance with customer behavior patterns.
f. Maintain secondary reserves in the form of Bank Indonesia Certificates, other Bank Indonesia Facilities, Securities that are easy to trade.
Secondary reserve is a tool in anticipating unexpected liquidity needs.
g. In dealing with the liquidity crisis, the Bank has prepared a Contingency Funding Plan document. The Contingency Funding Plan
includes policies, strategies, procedures and action plans to ensure the Bank's ability to obtain the required funding sources in a timely
manner and at a reasonable cost.
h. Maintain sufficient market access.
i. Have an adequate liquidity risk management information system.
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Bank Risk Management Approach (OVA)
Banks must describe the objectives and
General Disclosure
policies of risk management, as follows:
(a) How the business model is determined - CCB Indonesia (the Bank) views that the implementation of risk management is part of the implementation
and interacts with the overall risk profile of compliance with laws and regulations and part of the precautionary principle in carrying out business
(i.e. the main risks related to the business activity strategies in an effort to respond to rapidly growing external and internal banking dynamics,
model and how each risk is disclosed) maintain the soundness of the bank and ensure that the business activities carried out by the Bank
and how the Bank's risk profile interacts do not cause losses that exceed the Bank's ability or that may disrupt the continuity of the Bank's
with the risk tolerance that has been business.
approved by the Board of Directors. - The implementation of risk management carried out by the Bank includes planning, strategy, organization,
policies and procedures, as well as risk management methodology. The purpose of implementing risk
management is to ensure that all risks faced by the Bank can be identified, measured, monitored,
controlled and communicated appropriately.
- Risk Management Implementation Policy refers to the provisions and regulations of the Financial
Services Authority, including Number: 18/POJK.03/2016 dated 16 March 2016 concerning the
Implementation of Risk Management for Commercial Banks and Financial Services Authority Circular
Letter Number: 34/SEOJK.03/2016 dated 1 September 2016 concerning Implementation of Risk
Management for Commercial Banks (with attachments), Financial Services Authority Regulation
Number 17/2023 dated 14 September 2023 concerning Implementation of Governance for Commercial
Banks, Financial Services Authority Circular Letter Number 13/SEOJK.03/2017 dated 17 March 2017
concerning Implementation of Governance for Commercial Banks and POJK No.13/POJK.03/2021
concerning Implementation of Commercial Bank Products. The Bank has internal policies in the form
of General Policies and General Risk Management Guidelines ("KPU") which aim to ensure that the
risks faced by the Bank can be identified, measured, controlled and reported properly. This KPU is
reviewed periodically and adjusted accordingly. POJK/SEOJK and other provisions.
- The implementation of risk management at CCB Indonesia always complies with the regulations set
by the Regulator and refers to banking industry best practices. All reports related to Bank products
and/or activities have been submitted to Regulators properly and on time.
- The implementation of the Bank's Risk Management in principle refers to the pillars and provisions
contained in regulatory authorities as well as improving the quality of risk management implementation
in line with developments in the implementation of the Basel framework which is adjusted to the
goals, policies, size and business complexity, as well as adjusting the Bank's capabilities and best
practices. The implementation of risk management is carried out on an ongoing basis to achieve
healthy and sustainable business growth and operational activities as well as to ensure that it generates
optimal returns in accordance with the determined risk appetite and risk tolerance.
- In carrying out its business, the Bank is faced with inherent risks in all business activities and banking
operations. Bank risk management is carried out on 8 (eight) types of risk, namely Credit Risk, Market
Risk, Liquidity Risk, Operational Risk, Compliance Risk, Legal Risk, Reputation Risk, & Strategic Risk. The
management of these risks is carried out by taking into account the principle of prudence in accordance
with Regulatory provisions. The Bank also implements the principle of transparency in risk management
through published reports submitted to Regulators and the public through information on website
and mass media.
- The determination of risk appetite and risk tolerance is the basis for establishing indicators for assessing
the Bank's inherent risk profile rating, which consists of "low, low to moderate, moderate, moderate
to high, and high" ratings.
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94 Opening Business and Functional Review Financial Review
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Banks must describe the objectives and
General Disclosure
policies of risk management, as follows:
(b) Risk governance structure: Bank CCB Indonesia has an organizational structure to support the implementation of risk management, three
responsibilities (supervision and lines of defense, risk owner, risk control, risk assurance, with the organ structure as described below.
delegation of authority, breakdown of 1. Active Supervision of the Board of Commissioners
responsibilities by type of risk, business The Board of Commissioners understands the risks faced by the Bank and provides clear directions in
unit, etc.); relationships between the implementation of risk management, as well as in conducting supervision. The Board of Commissioners
organizational structures involved in risk carries out the risk oversight function through the Risk Monitoring Committee.
management (i.e. Board of Directors, 2. Active Supervision of the Board of Directors (BOD)
executive officers, separate risk committee, The Board of Directors of CCB Indonesia provides direction in implementing risk management,
risk management committee, compliance conducting active monitoring and mitigation. The Board of Directors carries out the function of risk
function, and internal audit function). policy (risk policy) through the Board of Directors committees such as the Risk Management Committee
(KMR), Asset & Liability Committee (ALCO), Credit Policy Committee (KKP).
3. Risk Monitoring Committee
The Risk Monitoring Committee is a risk management oversight function at the Commissioners level
and Independent Parties.
4. Risk Management Committee
Risk Management Committee is the function of implementing risk management at the level of Directors
and executive officers to direct and approve the preparation of risk strategies, policies, procedures,
limits and methodologies. Based on the Risk Management Committee's Work Rules and Regulations
with document number 240/PEDO-CCBI/KOMR/III/2024 Revision Number 04 as of 8 March 2024.
5. Asset and Liabilities Management Committee (ALCO)
ALCO is the function of implementing risk management in managing market risk and managing Bank
liquidity. The implementation of ALCO refers to the ALCO Committee's Code of Conduct with document
number 242/PEDO-CCBI/ALCO/IX/2013 Rev 05 as of 12 December 2023.
6. Credit Policy Committee (KKP)
The Credit Policy Committee is the implementation of risk management in its role of assisting the
Board of Directors in formulating credit policies that are regulated, based on the Guidelines for the
Work Rules of the Credit Policy Committee with document number 251/PEDO-CCBI/KOKP/IV/2023
Rev 04 as of 22 April 2024.
7. Risk Taking Unit
The business unit is a risk taking unit that is responsible for each risk in business activities.
8. CCB Indonesia Risk Management Division
Risk Management Division is a function of managing the implementation of risk management at CCB
Indonesia which is independent of the Bank's operational activities. The Risk Management Division is
currently under the Compliance & Risk Management Directorate.
9. Internal Control
The Internal Control System in each Division and Office of the Bank is supported by a supervisory
function from the Internal Audit Division, supervision from the Compliance Division, and the Anti-Fraud
Work Unit.
(c) Media to communicate, reject, and The Bank implements a Risk Awareness Culture in a sustainable and consistent manner by conducting
encourage risk management culture socialization, training, and certification to build the sensitivity of all Bank employees to the risk culture.
within the Bank (i.e. code of conduct;
guidelines related to operational limits The Implementation of Risk Management Culture is carried out continuously at all levels of the organization,
or procedures to prevent violations or including:
exceeding the Bank's risk limits; procedures a) The Bank includes employees in the Risk Management Certification Program as well as the
to increase and share risk issues between refreshment program in accordance with the minimum required certification. With the Certification
business lines and management functions Program, all employees are expected to have a better understanding and awareness of risks.
risk). b) Socialization of the provisions of both internal and regulatory provisions through email media.
c) Conducting socialization related to operational risk in order to increase risk awareness to employees
at branch offices and divisions.
d) Broadcasting risk management awareness posters to all employees every month.
(d) The scope and main features of the risk Risk appetite is defined as the level and type of risk that is willing to be taken by the Bank in order to
measurement system. achieve the Bank's business objectives. Risk appetite set by the Bank is reflected in the Bank's business
strategy and objectives.
Risk tolerance is the acceptable level of variation relative to the achievement of certain goals. In setting
risk tolerance, management considers the importance of each interrelated objective and aligns it with
risk appetite.
Risk appetite and risk tolerance are considered in the preparation and changes to the Bank's strategic
business plan (RBB) which are carried out periodically. Therefore, a review of risk appetite and risk tolerance
can be carried out at least once a year.
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Banks must describe the objectives and
General Disclosure
policies of risk management, as follows:
(e) Description of the risk information Risk information reporting provided to the Board of Commissioners and the Board of Directors includes
reporting process provided to the Board a risk-based bank soundness report which contains a description of the Bank's Risk Profile, Governance,
of Commissioners and Directors, Profitability, and Capital. In addition, it is also reported specifically, namely the Bank's risk profile report
particularly in relation to the scope and which contains details of measuring 8 types of risk, which before being reported every 3 months, it is
content of the risk exposure report. submitted in the Risk Management Committee meeting.
The report on the implementation of risk management is also submitted to the Board of Commissioners
every 3 months which contains an exposure report of 8 types of risk and qualitative risk management
implementation.
In addition, the obligation to report on the implementation of risk management is carried out regularly
by referring to several Financial Services Authority Regulations (POJK) and Financial Services Authority
Circular Letters (SEOJK) related to the implementation of risk management.
(f ) Qualitative information related to stress In order to implement risk management, the Risk Management Division conducts stress testing which
tests (i.e. portfolio of stress tests, scenarios aims to:
and methodologies used, as well as the 1. To measure the resilience of the Bank's capital in overcoming extreme conditions that occur due to
use of stress tests in risk management. changes in deterioarating economic conditions.
2. To obtain the necessary information in an effort to mitigate risk in stressful conditions.
Stress testing conducted by the Bank consists of:
1. Credit Risk Stress Testing, conducted quarterly with various scenarios of credit quality decline to the
level considered the worst condition, whether influenced by economic variable factors, among others,
the increase in the rupiah exchange rate, changes in interest rates, as well as the impact of natural
disasters and pandemics.
2. Market Risk Stress Testing (exchange rate risk and interest rate risk), carried out monthly, with various
scenarios of lowering loan interest rates, increasing fund interest rates, increasing volatility of the rupiah
exchange rate against foreign currencies, and others.
3. Operational Risk Stress Testing, conducted quarterly, with several scenarios of operational events that
have an impact on the Bank's profit and loss report, either directly or indirectly.
4. Liquidity Risk Stress Testing, conducted monthly, with various scenarios of withdrawal of third party
funds on a certain scale, such as 10%, 30% to certain ratios that are considered to represent the worst
conditions.
Based on the results of stress testing, the Bank can measure that the Bank's Capital appears to be strong
enough to deal with risks that could potentially occur. In addition to capital, an impact analysis on the
Risk Based Bank Rating (RBBR) has also been carried out.
(g) Strategies and processes to regulate, In order to mitigate the risks that arise from the Bank's business model, a risk assessment has been carried
hedge and mitigate risks arising from the out on each new product and activity that will be developed before the Bank realizes the new business
Bank's business model and processes to that has been listed and the Bank's business plan (RBB). In addition, each product owner conducts a
monitor the effectiveness of hedging business impact analysis (BIA) on each product to be developed.
and risk mitigation.
Regarding hedging, banks carry out Net Open Position (NOP) monitoring, and Mark to Market (MtM).
Determination of classification of Held to Maturity (HTM), Available for Sale (AFS), securities and determination
of securities that can be owned by banks to mitigate risk in value.
In general, the Bank can implement Risk Acceptance, Risk Avoidance, Risk Transference, and Risk Mitigation
strategy.
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Liquidity Risk - Liquidity Adequacy Ratio (LCR) Calculation Report
CALCULATION REPORT
FULFILLMENT OBLIGATION OF LIQUIDITY COVERAGE RATIO (LCR)
Bank Name : PT Bank China Construction Bank Indonesia Tbk
Period of Report : December 2024
(Eqv IDR Mio)
Value after
Haircut or Run-off Rate or Outstanding or Haircut or
No. Component
Inflow Rate Market Value Run-off Rate or
Inflow Rate
A. HQLA
1. HQLA Level 1
1.1 Cash and cash equivalents 0% 181,362 181,362
1.2 Total placements with Bank Indonesia, namely: -
Part of placements with Bank Indonesia that can be withdrawn during 0% 1,979,976 1,979,976
stressful conditions
1.3 Securities that meet the criteria of Article 10 paragraph (1) letter c -
Issued or guaranteed by governments of other countries 0% - -
Issued or guaranteed by the central bank of another country 0% - -
Issued or guaranteed by public sector entities 0% - -
Issued or secured by a multilateral development bank 0% - -
Published or guaranteed by international agencies (i.e. BIS, IMF, ECB and 0% - -
European Community)
1.4 Securities issued by the Central Government and Bank Indonesia in rupiah 0% 6,104,027 6,104,027
and foreign currency
1.5 Securities issued by the government and central banks of other countries in 0% - -
foreign currency with a risk weight of more than 0% that meet the criteria of
Article 10 paragraph (1) letter e
Total HQLA Level 1 8,265,365
2. HQLA Level 2A
2.1 Securities that meet the criteria of Article 11 paragraph (1) letter a: -
Issued or guaranteed by the governments of other countries 15% - -
Issued or guaranteed by the central bank of another country 15% - -
Issued or guaranteed by public sector entities 15% - -
Issued or secured by a multilateral development bank 15% - -
2.2 Securities in the form of debt securities issued by non-financial corporations 15% - -
that meet the criteria of Article 11 paragraph (1) letter b
2.3 Securities in the form of covered bonds not issued by the reporting Bank or 15% - -
parties affiliated with the Reporting Bank meeting the criteria of Article 11
paragraph (1) letter b
Total HQLA Level 2A -
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Risk Management
(Eqv IDR Mio)
Value after
Haircut or Run-off Rate or Outstanding or Haircut or
No. Component
Inflow Rate Market Value Run-off Rate or
Inflow Rate
3. HQLA Level 2B
3.1 Asset-backed securities in the form of houses that meet the criteria of 25% - -
Article 12 paragraph (1) letter a
3.2 Securities in the form of debt securities issued by corporations that meet 50% - -
the criteria of Article 12 paragraph (1) letter b
3.3 Common shares owned by non-Bank subsidiaries that meet the criteria of 50% - -
Article 12 paragraph (1) letter c
3.4 Government securities or central banks of other countries with the highest 50% - -
rank BBB+ and the lowest BBB-
Total HQLA Level 2B
Total HQLA before adjustment 8,265,365
Adjustment for Maximum Limit of HQLA Level 2B -
Adjustment for Maximum Limit of HQLA Level 2 -
Total HQLA 8,265,365
B. Net Cash Outflow
1. Cash Outflow
1.1 Withdrawal of Individual Customer's Deposit
Total Deposits from individual customers:
Stable deposit 5% 1,311,567 65,578
Stable deposits that meet the criteria of Article 50 paragraph (2)
Total Stable deposits of individual customers 65,578
Deposits are less stable 10% 4,755,577 475,558
Less stable savings that meet the criteria of Article 50 paragraph (2)
Additional categories of Deposits with higher withdrawal rates set by
supervisors
Category 1
Category 2
Category 3
Total Savings are less stable for individual customers 475,558
Total Withdrawal of Individual Customer's Deposit 541,136
1.2 Withdrawal of Funding from Micro and Small Business Clients
Number of Micro and Small Business Customer Financing:
Stable funding from customers who meet the criteria of Article 15 5% - -
paragraph (1)
Stable funding from customers who meet the criteria of Article 15 5% 525,387 26,269
paragraph (2)
Stable funding from customers who meet the criteria of Article 50
paragraph (2)
Total Stable Funding for customers of Micro and Small Business 26,269
Enterprises
Funding that less stable than customers who meet the criteria of Article 10% 509,741 50,974
21 paragraph (1)
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Risk Management
(Eqv IDR Mio)
Value after
Haircut or Run-off Rate or Outstanding or Haircut or
No. Component
Inflow Rate Market Value Run-off Rate or
Inflow Rate
Less stable funding that meets the criteria of Article 50 paragraph (2)
Additional categories of Deposits with higher withdrawal rates set by
supervisors
Category 1
Category 2
Category 3
The less stable funding amount from Micro and Small Business 50,974
Enterprises
Number of Withdrawal of Funding for Micro and Small Business 77,243
1.3 Withdrawal of Funding from Corporate Clients
Funding amount from corporate customers:
Operational savings:
Guaranteed by the Deposit Insurance Corporation (LPS) 5% 104,891 5,245
Not guaranteed by the Deposit Insurance Corporation (LPS) 25% 2,783,244 695,811
Operational savings that meet the criteria of Article 50 paragraph (1):
Guaranteed by the guarantee institution
Not guaranteed by the guarantee institution
Total Deposits of corporate customers 701,055
Deposits non-operating and / or non-operating liabilities
Guaranteed by the Deposit Insurance Corporation (LPS) 20% 46,977 9,395
Not guaranteed by the Deposit Insurance Corporation (LPS) 40% 6,642,462 2,656,985
Deposits non-operational and / or non-operating liabilities that meet
the criteria of Article 50 paragraph (1):
Guaranteed by the guarantee institution
Not guaranteed by the guarantee institution
Securities in the form of debt securities issued by the Bank 100% - -
Total non-operating deposits and / or non-operating liabilities 2,666,380
Total of Withdrawals Funding Derived from Corporate Customers 3,367,436
1.4 Withdrawal of Funds by Collateral (Secured Funding)
The transaction is conducted with Bank Indonesia 0% - -
The transaction with HQLA Level 1 collateral 0% - -
The transaction by collateral HQLA Level 2A 15% - -
Transactions are made with the Central Government or public sector 25% - -
entities that have the highest risk weight of 20% or multilateral
development banks, with collateral other than HQLA Level 1 or HQLA Level
2A
Transactions with HQLA collateral Level 2B are EBA 25% - -
Transactions with collateral HQLA Level 2B in addition to EBA 50% - -
Transactions are made with collateral other than HQLA 100% - -
Total Withdrawal of Funds by Collateral (Secured Funding) -
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Corporate Governance Corporate Information Financial Statement Annual Report 99
Risk Management
(Eqv IDR Mio)
Value after
Haircut or Run-off Rate or Outstanding or Haircut or
No. Component
Inflow Rate Market Value Run-off Rate or
Inflow Rate
1.5 Other Cash Outflow (Additional Requirement)
Other cash outflows related to derivative transactions 100% 1,109,980 1,109,980
Other cash outflows related to the increase in liquidity requirements
Related to the downgrade (rating) of the Bank in Funding transactions, 100% - -
derivatives, and other agreements
Related to mark-to-market changes of derivative transactions or other The largest absolute net - -
transactions collateral flow for 30 days
that is realized in 24 months
Related to the potential for changes in the value of collateral for 20% - -
derivatives and other transactions
Related to the excess of non-segregated collateral which is controlled by the 100% - -
Bank which can be contractually taken at any time by the counterparty
Related to the obligation of providing collateral to the counterparty of a 100% - -
particular transaction but the counterparty has not requested such
collateral
Related to the potential for collateral exchange in the form of HQLA to 100% - -
be not HQLA
Other cash outflows related to Funding losses
Derived from asset-backed securities, covered bonds, and other 100% - -
structured financing instruments issued by the Bank
Derived from asset-backed commercial papers, conduits, securities 100% of funding due within - -
investment vehicles 30 days and potential assets
to be repaid within 30 days
ahead
Other cash outflows relate to commitment obligations in the form of credit
facilities
Facilities are provided to individuals or Micro and Small Business Enterprises 5% 467,340 23,367
Facilities are granted to non-financial corporations, the Central Government, 10% 1,868,540 186,854
Bank Indonesia, other state governments, central banks of other countries,
public sector entities, and / or multilateral development banks
Facilities are granted to the Bank and / or financial services institutions 40% - -
Facilities are granted to other entities 100% 179,273 179,273
Other cash outflows are related to the commitment obligations in the
form of liquidity facilities
Facilities are provided to individuals or Micro and Small Business 5% - -
Enterprises
Facilities are provided to non-financial corporations, the Central Government, 30% 855,064 256,519
Bank Indonesia, other state governments, central banks of other countries,
public sector entities, and / or multilateral development banks
Facilities are provided to the Bank 40% 1,846,438 738,575
Facilities are provided to financial institutions and / or other entities 100% - -
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100 Opening Business and Functional Review Financial Review
Risk Management
(Eqv IDR Mio)
Value after
Haircut or Run-off Rate or Outstanding or Haircut or
No. Component
Inflow Rate Market Value Run-off Rate or
Inflow Rate
Other contractual obligations to provide funds to:
Financial services institutions 100% - -
Individual customers 100% of the value of the - -
excess difference between
the contractual obligation
to disburse funds with 50%
of the total cash inflows
Non-financial corporation 100% of the value of the - -
excess difference between
the contractual obligations
to disburse funds with 50%
of the total cash inflows
Other contingent financing obligations
Comes from trade finance instruments 3% - -
Derived from credit facilities and liquidity facilities of a nature 0% - -
Unconditionally revocable uncommitted
Derived from letter of credit (L / C) and warranty not related to trade 5% 215 11
finance obligations
Derived from the potential demand for repurchase of bank debt or 5% - -
associated with securities investment vehicles and other financing facilities
Derived from structured products that are anticipated by customers 5% - -
through ready marketability
Comes from managed funds sold for the purpose of maintaining stability 5% - -
The obligation to cover potential buyback of securities, with or without 5% - -
collateral, which has a period of more than 30 (thirty) days for issuers
having affiliation with the dealer or market maker
Non-contractual liabilities of short position of customers covered by 50% - -
other customers' collateral
Other contractual cash outflows 100% - -
Total of Withdrawals related to Other Cash Out (Additional Requirement) 2,494,579
Total of Cash Outflows 6,480,394
2. Cash Inflows
2.1 Loan with Collateral (Secured Lending)
Collateral is not reused to cover short positions Customer
Collateral is HQLA Level 1 0% - -
Collateral is HQLA Level 2A 15% - -
Collateral in the form of Asset Backed Securities that meet the requirements 25% - -
of HQLA Level 2B
Collateral in the form of HQLA Level 2B other than Asset Backed Securities 50% - -
The transaction in the form of margin lending but the collateral in addition 50% - -
to HQLA
Collateral does not meet the requirements as mentioned above 100% - -
Collateral is reused to cover short positions of customers 0% - -
Total of Cash Flows Originated from Loans with Collateral (Secured Lending)
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Risk Management
(Eqv IDR Mio)
Value after
Haircut or Run-off Rate or Outstanding or Haircut or
No. Component
Inflow Rate Market Value Run-off Rate or
Inflow Rate
2.2 Claims by Counterparty
Individual customers 50% 95,353 47,677
Customers of Micro and Small Business Enterprises 50% 2,253 1,127
Financial services institutions 100% 221,510 221,510
Bank Indonesia 100% - -
Other (non-financial corporate customers, Central Government, other state 50% of the contractual value 772,130 386,065
governments, public sector entities and multilateral development banks) and / or 100% of the
contractual value in the
event that the rate of receipt
comes from non-HQLA
securities with remaining
period of less than 30 days.
The total of cash inflows by the counterparty 656,378
2.3 Other Cash Inflows
Derived from derivative transactions 100% 1,104,560 1,104,560
Comes from other contractual bills 50% - -
Total of Cash Inflow Other 1,104,560
Total of Cash Inflow 1,760,938
Total of Cash Inflows which can be calculated in LCR Calculation (maximum 1,760,938
75% of Total Outflow Cash)
Total Net Cash Out Flow 4,719,455
C. LCR
Total HQLA 8,265,365
Total Net Cash Out Flow 4,719,455
Result of LCR 175.13%
1. This Liquidity Coverage Ratio (LCR) calculation is prepared based on OJK Regulation No. 19 of 2024 regarding the amendment to OJK
regulation No.42/POJK.03/2015 regarding the Obligation to Fulfill the Liquidity Adequacy Ratio (Liquidity Coverage Ratio) for Commercial
Banks. CCB Indonesia's LCR value for December 2024 period is 175.13% or above OJK's minimum requirement of 100%.
2. LCR in December 2024 was lower by 65.98% compared to the December 2023 period which was at 241.11%. The decrease was due
to HQLA increased by 6.66% while net cash outflow increased higher by 47.53% compared to the December 2023 period.
3. The implementation of liquidity risk management has been implemented well. The active role of the Board of Commissioners, Board
of Directors, and ALCO Committee in monitoring liquidity conditions on a regular basis.
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102 Opening Business and Functional Review Financial Review
Risk Management
Liquidity Risk - NSFR Report
FULFILLMENT OBLIGATION OF NET STABLE FUNDING RATIO
Bank Name : PT Bank China Construction Bank Indonesia Tbk
Report Month : December 2024
A. NSFR Calculation
(in million IDR)
Report Date Position (December 2024) Report Date Position (December 2023)
Ref. No.
Carrying Value Based on Remaining Carrying Value Based on Remaining from the
ASF components Term Total Term NSFR
Total
Working
>6 Weighted >6 Weighted
≤6 ≤6 >1 Paper
No Term months > 1 year Value No Term months Value
months months year
- 1 year - 1 year
1. Capital 6,694,036 - - - 6,694,036 6,551,425 - - - 6,551,425
2. Capital according to OJK Regulations of 6,694,036 - - - 6,694,036 6,551,425 - - - 6,551,425 1.1.1
CAR 1.1.2
1.1
3. Other capital instruments - - - - - - - - - - 1.2
4. Deposits from individual customers and 1,656,532 7,215,928 362,773 - 8,411,916 1,663,906 7,051,270 201,731 - 8,147,512 2
funding from micro and small business 3
customers:
5. Stable deposits and funding 1,099,350 876,929 27,834 - 1,903,908 1,132,074 1,271,086 42,772 - 2,323,635 2.1
3.1
6. Deposits and funding are less stable 557,182 6,338,999 334,939 - 6,508,008 531,832 5,780,184 158,959 - 5,823,877 2.2
3.2
7. Funding from corporate customers: 4,101,402 12,787,298 133,509 - 6,402,250 2,536,999 8,389,060 130,379 - 5,160,027 4
8. Operating deposits 3,296,520 - - - 1,648,260 2,397,212 - - - 1,198,606 4.1
9. Other funding from corporate customers 804,882 12,787,298 133,509 - 4,753,990 139,786 8,389,060 130,379 - 3,961,421 4.2
10. Liabilities that have interdependent asset - - - - - - - - - - 5
pairs
11. Other liabilities and equity: - - - - - - - - - - 6
12. NSFR derivative liabilities - - 6.1
13. Other equity and liabilities not - - - - - - - - - - 6.2 to 6.5
categorized above
14. Total ASF - - - - 21,508,202 - - - - 19,858,964 -
(in million IDR)
Report Date Position (December 2024) Report Date Position (December 2023)
Ref. No.
Carrying Value Based on Remaining Carrying Value Based on Remaining
from the
Term Total Term Total
RSF components NSFR
>6 Weighted >6 Weighted Working
≤6 ≤6 >1 Value
No Term months > 1 year Value No Term months Paper
months months year
- 1 year - 1 year
15 Total HQLA for the purpose of NSFR 1,756,507 1,888,990 2,496,456 - 219,272 1,765,520 810,009 2,765,558 636,693 210,613 1
calculation
16 Deposits with other financial institutions 163,581 241,425 - - 202,503 121,147 45,000 - - 83,074 2
for operational purposes
17 Loans with Current and Special Mention - 3,345,715 3,856,847 16,850,855 17,613,828 - 2,234,429 3,292,753 13,531,559 13,990,003 3
(performing) categories
18 to financial institutions secured by HQLA - - 13,972 - 6,986 - - - - - 3.1.1
Level 1
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Corporate Governance Corporate Information Financial Statement Annual Report 103
Risk Management
(in million IDR)
Report Date Position (December 2024) Report Date Position (December 2023)
Ref. No.
Carrying Value Based on Remaining Carrying Value Based on Remaining
from the
Term Total Term Total
RSF components NSFR
>6 Weighted >6 Weighted Working
≤6 ≤6 >1 Value
No Term months > 1 year Value No Term months Paper
months months year
- 1 year - 1 year
19 to financial institutions not secured by - 2,555 1,950 19,210 20,568 - 7,920 1,998 17,814 20,001 3.1.2
HQLA Level 1 and loans to unsecured 3.1.3
financial institutions
20 to non-financial corporations, retail - 2,721,479 3,023,722 14,606,308 15,287,963 - 1,612,487 2,598,721 11,937,178 12,252,206 3.1.4.2
customers and micro and small business 3.1.5
customers, national governments, 3.1.6
governments of other countries, Bank
Indonesia, central banks of other countries
and public sector entities, which include:
21 qualify for a risk weight of 35% or less, - - - - - - - - - - 3.1.4.1
as per the OJK RWA for Credit Risk
22 Residential mortgages that are not being - - - - - - - - - - 3.1.7.2
collateralized, which include:
23 qualify for a risk weighting of 35% or - 621,681 617,203 1,563,333 1,635,608 - 614,022 692,034 1,376,567 1,547,796 3.1.7.1
less, as per OJK RWA for Credit Risk
24 Current and substandard (performing) - - 200,000 662,004 662,703 - - - 200,000 170,000 3.2
securities that are not being collateralized,
not in default, and not included as HQLA,
including stocks traded on the stock
exchange.
25 Assets that have interdependent liability - - - - - - - - - - 4
pairs
26 Other assets: 2,329,918 426,091 12,633 402,172 1,093,822 1,114,748 496,098 - 1,145,390 1,908,680 5
27 Physical commodities that are traded, - - - - - - - - - - 5.1
including gold
28 Cash, securities and other assets posted - - - - - - - - - - 5.2
as initial margin for derivative contracts
and cash or other assets posted as default
funds with central counterparties (CCPs).
29 NSFR of derivative assets - - - 3,076 3,076 - - - - - 5.3
30 NSFR of derivative liabilities before - - - - - - - - - - 5.4
deducting variation margin
31 All other assets not categorized above 2,329,918 423,015 12,633 402,172 1,090,745 1,114,748 496,098 - 1,145,390 1,908,680 5.5 to 5.12
32 Administrative Account - - - - 280,257 - - - - 389,737 6
33 Total RSF - - - - 19,409,682 - - - - 16,582,105 -
34 Net Stable Funding Ratio (%) - - - - 110.81% - - - - 119.76% -
¹ Components reported in the no maturity category are those that do not have a contractual term, including:
perpetual capital instruments, short positions, open maturity positions, demand deposits, equities not categorized as HQLA and commodities.
1. This Net Stable Funding ratio (NSFR) calculation is prepared based on OJK Regulation No.20 of 2024 regarding the amendment to
OJK Regulation No.50/POJK.03/2017 regarding the Obligation to Fulfill the Net Stable Funding Ratio (NSFR) for Commercial Banks. As
of December 2024, Bank CCBI's NSFR value is above the OJK minimum requirement (100%), which is 110.81%.
2. CCB Indonesia's NSFR value in December 2024 decreased by 8.95% from the NSFR value in December 2023 which amounted to
119.76%. The decrease in NSFR for December 2024 is due to the following:
a. Total Available Stable Funding (ASF) for December 2024 period increased by 7.67%.
b. Total Required Stable Funding (RSF) for December 2024 period increased by 17.05%.
This reflects that the Bank has the ability to manage liquidity with a period of one year and mitigate risks that may arise in the next one
year period.
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104 Opening Business and Functional Review Financial Review
Risk Management
Bound Assets (Encumbrance - ENC)
Position 31 December 2024
(in million IDR)
a b c d
Assets deposited with or
Bound Assets committed to the central Unencumbered
Total
(Encumbrance) bank but not yet used to assets
generate liquidity
Assets in the statement of financial position can be presented in 200,000 6,147,481 2,222,010 8,569,490
detail to the extent necessary.
Qualitative Analysis
a. Encumbered assets are assets of the Bank that are restricted for liquidity purposes, legally and contractually by the Bank. Encumbered assets do not
include assets deposited or committed with Bank Indonesia but have not been used to generate liquidity. Currently the Bank has encumbered
assets in the form of BRI Bank Bonds (Environmentally Sound) amounting to IDR 200 billion.
b. Currently, the Bank has assets deposited or committed with Bank Indonesia amounting to IDR 6.15 trillion including statutory reserves. These assets
placed with Bank Indonesia consist of placements in rupiah amounting to IDR 4.56 trillion and placements in foreign currency amounting to IDR
1.58 trillion. The assets deposited at Bank Indonesia have not been used to generate liquidity but are still calculated as HQLA as stipulated in OJK
Regulation No.19 of 2024 concerning amendments to OJK regulation No.42/POJK.03/2015 regarding the Obligation to Fulfill the Liquidity Coverage
Ratio for Commercial Banks.
c. Unencumbered assets are assets that qualify as HQLA as stipulated in OJK Regulation No.19 of 2024 concerning amendments to OJK Regulation
No.42/POJK.03/2015 concerning the Obligation to Fulfill the Liquidity Coverage Ratio for Commercial Banks. Currently the Bank has unencumbered
assetss of IDR 2.22 trillion, in the form of Cash of IDR 169.34 billion, Government Securities of IDR 387.97 billion, other securities of IDR 99.17 billion
and Repo securities of IDR 1.57 trillion.
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Corporate Governance Corporate Information Financial Statement Annual Report 105
Risk Management
Operational Risk d. Conduct a review on each issuance of new products and/or activities
and their development in accordance with applicable regulations.
Operational Risk is the inadequacy and/or non-functioning of e. Increase employee productivity through training and
internal processes, human error, system failure, or external events development, both internally and externally.
that may disrupt the Bank's operations/business and/or cause losses f. Ensure that the Operational Management framework that is
to the Bank. developed can properly mitigate potential operational risks.
g. Identify and measure operational risks inherent in all activities,
The implementation of operational risk management becomes and assess the quality of control in each business line using
very important in line with the increasing volume and complexity the Operational Risk Self Assessment (ORSA) and Key Operational
of the Bank's operations and business. Risk Indicator (KORI) methods carried out by the Operational
Risk Coordinator (ORISCO) in each function and branch offices
Operational risk management, among others, is carried out as and supervised by the Risk Management Division.
follows: h. Ensure risk assessments related to cyber security have been
a. The readiness of human, operational and IT resources capable carried out in accordance with regulatory provisions and
of supporting operational risk management in accordance mitigation required to maintain the quality of the Bank's cyber
with the Bank's business plan in product development that security and resilience processes.
has the potential to cause operational risk exposure. Increasing i. Creating a culture and developing awareness of risks, including
the number of adequate human resources through the cyber security risks, through knowledge sharing/socialization
recruitment process and improving the quality of human to all work units, either directly or indirectly, or through risk
resources through the training process. management coordinator officers in each work unit.
b. Ensure the availability of Business Continuity Plan (BCP) and j. Provide a review of policies, guidelines and Standard Operating
Disaster Recovery Plan (DRP) to mitigate operational risk from Procedures for each work unit and division if necessary.
external disruptions of the Bank and conducting periodic k. Coordinate with Operational Risk Coordinator (ORISCO) on the
testing. physical security of operational implementation with access
c. Coordinate with the Information Technology Division in restrictions as restricted areas if necessary.
maintaining and developing information technology process l. Follow up on the results of internal audits, external audits,
security in electronic data processing such as the existence of anti-fraud, Financial Services Authority inspections and other
emergency plan back up procedures that are tested regularly. authorities inspections.
Operational Risk Disclosure - Bank Individually
(in million IDR)
31 December 2024
No. Approach Used
Business Indicators (Average of last 3 years)
(1) (2) (3)
Components of Business Indicators (KIB) 82,351.14
Internal Loss Multiplier Factor (FPKI) 1.00
Minimum Operational Risk Capital (MMRO) 82,351.14
RWA for Operational Risk 1,029,389.25
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106 Opening Business and Functional Review Financial Review
Risk Management
Legal Risk complaints in accordance with OJK Regulation No. 22/2023
concerning Consumer Protection and Society in the Financial
Legal Risk is the risk resulting from legal claims and/or weaknesses Services Sector.
in juridical aspects. Legal risk management is conducted jointly
by the risk owner together with the Legal Division and the Credit Moreover, the Bank also enhances the quality of customer service
Operation-Legal Credit Division along with its team, which is by promptly addressing customer complaints and legal claims,
responsible for periodically reviewing contracts and agreements applying transparency principles, and implementing appropriate
between the Bank and third parties and/or debtors to verify the communication policies to address negative news/publications or
validity of rights in contracts and agreements. Enhancing the prevent counterproductive information.
understanding of Bank officers regarding legal regulations is
crucial in fostering relationships with customers and other external Measurement of Reputation Risk is based on assessments of factors
parties. influencing the Bank's reputation, including customer complaints
and negative media coverage about the Bank. To monitor Reputation
Identification of Legal Risk is conducted based on factors causing Risk and ensure customer satisfaction, the Bank's Customer Service
the risk, including legal claims and weaknesses in juridical aspects Unit (UP3N) functions to support service management and handle
inherent in the functional and operational activities of the Bank. customer complaints at both Branch and Head Office levels.
Legal Risk measurement is carried out by the Risk Management Additionally, Reputation Risk monitoring is also conducted by the
Division together with the Legal Division. From this measurement, Risk Management Division, which provides reminders and
evaluation reports are obtained from individual legal case analyses improvement recommendations to the Reputation Risk Management
regarding liabilities arising from legal claims. The measurement Division based on assessments of reputation risk profile parameters.
is based on the evaluation reports of individual legal cases regarding In controlling Reputation Risk, the Corporate Secretary Division is
liabilities arising from legal claims and the quality of contract responsible for implementing policies related to handling and
agreements. resolving negative publicity or avoiding counterproductive
information. For Reputation Risk control related to customer
Indicators/parameters used in measuring Legal Risk include complaints, the Bank follows up on customer complaints and
potential losses due to legal claims, weaknesses in contracts due resolves them according to established SLAs.
to non-compliance with the legal requirements of agreements,
and changes in legal regulations causing Bank products to be Strategic Risk
inconsistent with existing provisions.
Strategic Risk is the risk arising from inaccuracies in making and/
Monitoring of Legal Risk is conducted by the Risk Management or implementing strategic decisions and failures to anticipate
Division together with the Legal Division by evaluating the changes in the business environment.
effectiveness of policy implementation, procedures, and compliance
with legal policies, regulations, and Bank limits provisions. Monitoring In managing strategic risk, the Board of Directors establishes written
is periodically carried out for all Legal Risk positions. In implementing strategic plans (corporate plans) and business plans and communicates
Legal Risk controls, the Legal Division provides legal input and them to the officials and/or employees of the Bank at every
recommendations to each division and periodically reviews organizational level, then implements and monitors these plans.
cooperation agreements and contracts with counterparties. Monitoring of the bank's strategic plan achievements is conducted
by the Assets Liability Management (ALM) Division, which is
Reputation Risk periodically reported to the Board of Directors.
Reputation Risk is the risk resulting from a decrease in stakeholder Measurement of Strategic Risk is based on the Bank's performance
trust stemming from negative perceptions of the Bank. achievements by comparing actual results with set targets. Monitoring
is carried out by identifying the Bank's weaknesses, strengths, and
The management of reputation risk is conducted jointly by the developments in the external conditions that may directly or
Corporate Secretary and the Division/Regional/Branches authorized indirectly affect the Bank's established strategy, ensuring that the
and responsible for providing comprehensive information to strategy's determination considers its impact on the Bank's capital.
customers and other stakeholders to control reputation risk. The Additionally, monitoring of risk exposure compared to the Bank's
Bank's Reputation Risk is managed by the Corporate Secretary risk appetite and periodic monitoring of Strategic Risk Appetite
Division, which handles Bank-related media coverage in both print and Risk Tolerance are conducted. The Risk Management Division
and electronic media and coordinates with units managing customer monitors Strategic Risk by comparing targeted results with actual
Page 107
Corporate Governance Corporate Information Financial Statement Annual Report 107
Risk Management
results, evaluating unit performance, and ensuring target objectives b. Creating a culture and fostering awareness of compliance risks
are achieved. Control of Strategic Risk is conducted by analyzing through knowledge sharing/socialization of relevant regulations
the gap between actual reports and business plan targets and to all work units, both directly and indirectly, conveyed by the
presenting necessary actions to the Board of Directors periodically. Compliance Division to each respective work unit.
c. Enhancing the internal control function in each work unit or
Compliance Risk independent division and optimizing the implementation of
compliance functions.
Compliance Risk is the risk arising from the Bank's failure to comply d. Following up on the results of internal audit examinations,
with and/or implement regulations issued by the Financial Services external audits, anti-fraud measures, Financial Services Authority
Authority (OJK), Bank Indonesia, as well as prevailing laws and inspections, and other regulatory examinations.
regulations.
Risk Profile
Compliance risk is inherent in risks related to legal and regulatory
requirements and other regulations, such as the Minimum Capital The risk profile assessment includes evaluations of inherent risks
Adequacy Ratio (CAR), Net Open Position (NOP), Asset Provisioning and assessments of the quality of Risk Management implementation,
(PPA), Quality of Productive Assets (QPA), and Maximum Credit reflecting the risk control system. The assessment is conducted on
Exposure (MCE). Compliance risk also relates to the implementation 8 (eight) risks: Credit Risk, Market Risk, Liquidity Risk, Operational
of Know Your Customer (KYC) principles, Employee, Anti Money Risk, Legal Risk, Strategic Risk, Compliance Risk, and Reputation
Laundering (AML), Counter Terrorism Financing (CTF), and Prevention Risk. The Bank manages risks on a bank-wide basis, as regulated by
of Proliferation Financing of Weapons of Mass Destruction (PPFWMD), the Financial Services Authority (OJK) regarding the Implementation
and Personal Data Protection. Compliance risk management is of Risk Management for Commercial Banks. Based on the self-
conducted as follows: assessment of the bank-wide risk profile as of December 2024, the
a. Ensuring the adequacy of policies, guidelines, and procedures Bank's risk profile rating is Low to Moderate, with the following
of each work unit and division. details:
Measurement of the Bank's Risk Profile as of 31 December 2024 (as per the Bank's Risk Profile Report)
Quality Rating in The Application of
Risks Type Inherent Risk Rating Rank Levels of Risk
Risk Management
Loan Risk Low to Moderate Satisfactory Low to Moderate
Market Risk Low to Moderate Satisfactory Low to Moderate
Liquidity Risk Low Satisfactory Low
Operational Risk Low to Moderate Satisfactory Low to Moderate
Legal Risk Low to Moderate Satisfactory Low to Moderate
Strategic Risk Low to Moderate Satisfactory Low to Moderate
Compliance Risk Low to Moderate Satisfactory Low to Moderate
Reputation Risk Low Satisfactory Low
Composite Rating Low to Moderate Satisfactory Low to Moderate
According to the monitoring conducted on each of the main risk groups encountered by CCB Indonesia during 2024, the composite
rating for the overall risk profile of the bank as of 31 December 2024, was at level 2 (Low to Moderate). This indicates that the Bank's risk
management implementation across all areas has been effective, reflecting the Bank's robust condition and its capability to withstand
significant adverse effects stemming from changes in business conditions and other external factors.
Page 108
Page 109
Financial Review
03
Rafflesia
Arnoldii
Rare Flower
Rafflesia Arnoldii, the world’s largest flower, was
first discovered in Indonesia. Symbolizing the
nation’s uniqueness, it reminds us of the importance
of nature conservation.
Page 110
110 Opening Business and Functional Review Financial Review
Management Analysis and Discussion
Financial Performance in 2024 and CCB Indonesia has consistently demonstrated asset
Realization compared to the Bank's growth while maintaining strong asset quality and
Business Plan 111
robust capitalization. Net profit increased by 22.4%
Income Statement 112 year-on-year, supported by a 21.2% year-on-year growth
in loan disbursement. The Bank adhered to prudent
Balance Sheet 113
principles in conducting business, and successfully
Financial Ratios 115 demonstrated strengthening of various financial ratio
Operational Review Per Business
indicators, including profitability, efficiency, and asset
Segment 117 quality
Changes in Accounting Policies 132
World economic growth was highlighted by the US economy growing stronger than
forecast, supported by fiscal stimulus that improved domestic demand and increased
investment in technology which encouraged productivity gains. In contrary, the economies
of Europe, China, and Japan are still affected by declining consumer confidence and
restrained productivity, while the economy of India is still restrained due to a limited
manufacturing sector. Accordingly, 2025 world economic growth outlook is predicted to
be higher than the previous projection to 3.2%.
Indonesia's economic growth remains strong amidst the global economic slowdown,
based on data from Central Statistics Agency (BPS), overall economic growth in 2024
was recorded at strong growth of 5.02% (yoy).
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Corporate Governance Corporate Information Financial Statement Annual Report 111
Management Analysis and Discussion
Indonesia's economy remains resilient in 2024 due to domestic Accelerating business development in the corporate banking
demand driven by consumption and investment. The recovery segment, along with the retail segment, namely commercial banking
of the Indonesian economy continues amidst the dynamics of and small and medium scale enterprises (SMEs), as well as consumer
high global uncertainty. banking, taking into account the harmony of economic, social and
environmental interests.
Indonesia's balance of payments (NPI) remains healthy, supporting
external resilience. The trade balance surplus continued in December The Bank's policy direction is in line with government programs to
2024 at 2.2 billion US dollars influenced by the strong export finance infrastructure and support the development of the SME
performance of Indonesia's main commodities. sector. The Bank consistently applies prudential principles and is
selective in lending to maintain and improve asset quality.
Indonesia's foreign exchange reserves at the end of December
2024 were recorded to have increased to 155.7 billion US dollars, Compared to the position at the end of 2023, there was an increase
equivalent to financing 6.7 months of imports or 6.5 months of in the Bank's loans of IDR 4.1 trillion or 21.2% y-o-y to IDR 23 trillion
imports and servicing of Government external debt, and was at the end of 2024 from the Corporate, Commercial and SME
above the international adequacy standard of around 3 months segments despite a decline in Consumer.
of imports. Rupiah exchange rate is manageable amidst high
global uncertainty. Consumer Price Index (CPI) inflation for 2024 Third Party Funds (DPK) increased by IDR 3.3 trillion or 16.9% y-o-y
is maintained within its target range of 2.5±1%, in line with to IDR 23.3 trillion at the end of 2024, mainly from an increase in
December CPI inflation of 1.57% (yoy). time deposits of IDR 2.4 trillion or 15.3% y-o-y to IDR 18.1 trillion
while current accounts increased by IDR 888.3 billion or 28.5% y-o-y
The role of loan/financing in 2024 remains strong in supporting to IDR 4.0 trillion. The Bank manages to improve the effectiveness
economic growth. Loan growth in 2024 achieved 10.39% (yoy). of its intermediary function by optimizing the Loan to Deposits
Ratio (LDR).
From the demand side, loan growth was influenced by the
maintained interest in the distribution of bank loans, the continued Total Assets reached IDR 33.5 trillion at the end of 2024, an increase
reallocation of liquid tools to loans by banks, the availability of of IDR 5.7 trillion or 20.7% y-o-y reflected in productive assets such
funding support from the growth of third party funds. On the as placements with Bank Indonesia and other banks of IDR 275
supply side, loan growth was supported by maintained corporate billion which increased compared to the end of 2023, as well as an
business performance, amidst limited household consumption. increase in loans of IDR 4.1 trillion.
--------------------------------------
Source: Bank Indonesia, Financial Services Authority, BAPPENAS, Ministry of Finance
The liquidity ratio (LDR) increased from 90.30% at the end of 2023
of Republic of Indonesia, Central Statistics Agency (BPS)
to 100.46% at the end of 2024 in line with the Bank's policy to
encourage the Bank's intermediary function. The strong liquidity
Indonesian Government continues to take further policy measures position is reflected in the LCR (Liquidity Coverage Ratio) at 175.13%
needed to support the National Economic Recovery program by and NSFR (Net Stable Funding Ratio) at 110.81% at the end of 2024,
paying close attention to the dynamics of the global economy and above the minimum level set by the regulator of 100%.
financial markets and its impact on Indonesia's economic prospects
from time to time to maintain macroeconomic and financial system The Bank recorded a profit before tax of IDR 382 billion, an increase
stability, and accelerate national economic recovery. of IDR 72 billion or 23.3% y-o-y from last year. The increase was partly
derived from loan interest income which increased by IDR 383.1
Financial Performance in 2024 and billion, despite an increase in interest expense to third parties of IDR
400.6 billion. On the other hand, there was an increase in allowance
Realization compared to the Bank's for impairment losses (CKPN) of IDR 10.9 billion compared to the
Business Plan previous year, while loan quality improved, the gross NPL ratio from
2.87% at the end of 2023 to 2.12% at the end of 2024.
In 2024, CCB Indonesia's financial performance showed a number
of positive financial ratio indicators, particularly strong loan and Profit after tax for the year 2024 was IDR 382.2 billion which increased
funding growth, improved profitability and efficiency, as well as the Bank's capital organically in anticipation of asset growth. The
solid and optimized liquidity and capitalization. The Bank recorded Bank recorded a Capital Adequacy Ratio (CAR) of 30.63% at the end
a 22.4% increase in profit compared to the previous year. Similarly, of 2024, a decrease compared to the previous year of 37.64%, in
other indicators such as loan quality and efficiency showed better line with the increase in loan in 2024. The Bank's Tier 1 Capital at
performance compared to the previous year. CCB Indonesia continues the end of 2024 of IDR 6.1 trillion or an increase of IDR 129 billion
to drive the bank's intermediary function by paying close attention compared to the end of 2023 of IDR 6.0 trillion.
to its liquidity position.
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112 Opening Business and Functional Review Financial Review
Management Analysis and Discussion
During 2024 the Bank remains focused on implementing its short and medium term plans which direct strategic policies on business
improvement, implementation of good corporate governance, development of IT systems, encouraging process effectiveness and cost
efficiency, as well as improving the professionalism and competence of human capital. The Bank's policy direction is in line with government
programs in terms of financing for infrastructure and supporting the development of SME sector.
Income Statement
Net Interest Income
Interest income increased by IDR 446 billion or 27.0% to IDR 2,099 billion in 2024 compared to the previous year of IDR 1,690 billion due
to an increase in loans.
Meanwhile, interest expense increased by IDR 412.8 billion or 56.3% to IDR 1,146.1 billion in 2024 compared to the previous year. The
increase in interest expense was due to the increase in the collection of third party funds in 2024.
Thus, net interest income in 2024 amounted to IDR 995.8 billion, higher than the previous year of IDR 956.8 billion. The realization of net
interest income was below the Bank's business plan (RBB) of IDR 1,000.8 billion, resulting in a realization of NIM of 3.50%, lower than the
initial plan of 3.69%.
Description of Interest Incomes Description of Interest Expenses
(in million IDR) (in million IDR)
Description 2024 2023 Description 2024 2023
Loans 1,714,467 1,325,422 Current Accounts 87,419 45,939
Marketable Securities 368,443 313,068 Time deposits 882,140 587,476
Placement in Other Banks 45,862 40,168 Saving Accounts 19,559 17,405
Current Account Services 13,168 11,520 Interbank 69,565 15,334
Other 87,407 67,145
Total 2,141,940 1,690,178 Total 1,146,130 733,299
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Corporate Governance Corporate Information Financial Statement Annual Report 113
Management Analysis and Discussion
Other Operating Incomes Net Profit
Other Operating Income in 2024 amounted to IDR 169.5 billion, Net Profit in 2024 was recorded at IDR 295.4 billion, an increase of
increased compared to IDR 114.0 billion in 2023. 22.4% or IDR 54.1 billion compared to the previous year, and above
the Bank's business plan target by 0.2% or IDR 0.7 billion
Other Operating Expenses
Balance Sheet
Other Operating Expenses in 2024 amounted to IDR 791.4 billion,
an increase of 4.0% or IDR 30.4 billion compared to the previous
Total Assets
year. Several components with realization above the bank's
business plan, including Other Operating Expenses by 2.4% or The Bank's total assets as of December 2024 amounted to IDR 33.5
IDR 18.5 billion. Labor Expenses were higher by 2.2% or IDR 6.8 trillion, an increase of 20.5% y-o-y or IDR 5.6 billion. The increase
billion. in total assets was reflected by an increase in placements in marketable
securities of IDR 1.2 trillion, and an increase in deposits of IDR 3.3
Allowance for impairment losses (CKPN)/Impairment trillion. Compared to the business plan, the Bank's total asset
realization was above target by 9.5%.
Provision for impairment losses in 2024 amounted to IDR 165.8
billion, an increase of 7.1% or IDR 10.92 billion compared to the Equity
previous year, in line with the improvement in loan quality with
gross NPL ratio from 2.87% at the end of 2023 to 2.12% at the end Total Equity reached IDR 6.8 trillion at the end of 2024, an increase
of 2024. Compared to the Bank's business plan, the realization of compared to the position at the end of 2023.
provision for impairment losses exceeded the Bank's business plan
by 7.3% or IDR 11.2 billion. Loans Disbursed
Profit Before Tax Achieved loans of IDR 23.4 trillion by year-end 2024, an increase
of 21.2% or IDR 4.1 trillion compared to the end of 2023, above
Profit before tax expense amounted to IDR 382.3 billion, an the Bank's business plan target of IDR 1.1 trillion which was
increase of IDR 72.2 billion or 23.3% y-o-y from last year. partly related to a number of project financing disbursements.
Compared to the Bank's business plan (RBB), the achievement Loan quality improved with gross NPL ratio declining to 2.12%
of Profit Before Tax was slightly below target by 0.1% or from 2.87% previously. While on a net basis, the NPL ratio
IDR 0.4 billion. increased to 0.82% compared to the previous year end of 0.77%.
Loans Loans/Assets
(in million IDR) (in million IDR)
25,000,000 40,000,000
Loans Assets
35,000,000
20,000,000
30,000,000
15,000,000 25,000,000
23,463,801
33,545,461
26,156,194
20,000,000
19,359,978
27,851,946
25,235,276
25,022,953
10,000,000
16,687,285
23,453,801
16,687,285
19,359,978
15,000,000
14,729,801
16,687,285
13,722,663
13,722,663
14,729,801
10,000,000
5,000,000
5,000,000
- -
2024 2023 2022 2021 2020 2024 2023 2022 2021 2020
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114 Opening Business and Functional Review Financial Review
Management Analysis and Discussion
Third Party Funds
Third Party Funds at the end of 2024 reached IDR 23.3 trillion, an increase of 16.9% or IDR 3.4 trillion compared to the end of 2023, above the
Bank's business plan of 3.3%. The Bank seeks to improve the effectiveness of its intermediary function by optimizing LDR.
Current accounts at the end of 2024 reached IDR 4.0 trillion, an increase of 28.2% or IDR 882.9 billion from the end of 2023 position. Savings
at the end of 2024 reached IDR 1.2 trillion, an increase of IDR 76.8 billion from the position in 2023. Time deposits at the end of 2024 reached
IDR 18.2 trillion, up 15.3% or IDR 2,411 billion from the end of 2023 and above the bank's business plan of 5.4%. Current Account Saving
Account (CASA) ratio was 22.15% at the end of December 2024, increased from 21.09% at the end of 2023.
Savings are still being continuously developed by the Bank to meet the transaction needs of individual, SME and corporate customers in
order to compete more competitively.
The level of customer confidence in the Bank is also well maintained, reflected in the good growth of time deposits with reasonable interest
rates.
(in million IDR)
Description 2024 2023
Current Account 4,009,871 3,126,957
Time Deposit 18,183,353 15,772,440
Saving Account 1,164,249 1,087,415
Total 23,357,473 19,986,812
TPF TPF and LDR
(in million IDR)
Current Account
17.17%
25,000,000
Saving Account 100.46%
4.98% 20,000,000 96.86%
71.59% 79.82%
93.02%
23,357,473
19,986,812
15,000,000
19,274,009
18,452,403
17,496,578
10,000,000
Time Deposit
5,000,000
77.85%
-
2024 2023 2022 2021 2020
TPF LDR
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Corporate Governance Corporate Information Financial Statement Annual Report 115
Management Analysis and Discussion
Financial Ratios
Net Interest Margin
Capital Adequacy Ratio
NIM ratio in 2024 of 3.50% decreased compared to the previous
The Capital Adequacy Ratio (CAR) at the end of 2024 amounted year of 4.18% and lower than the Bank's business plan target of
to 30.72% or decreased compared to the position at the end 3.69%, due to an increase in interest expense on Third Party
of 2023 of 37.45% due to an increase in credit risk-weighted Funds.
assets.
Expense to Income Ratio
Non-Performing Loan Ratio
BOPO ratio in 2024 was 83.39%, up from 82.76% in the previous
The gross NPL ratio decreased to 2.12% at the end of 2024 compared year. Compared to the ratio targeted in the Bank's business plan
to the end of 2023 position of 2.87% and below the Bank's business of 81.86%, the BOPO realization in 2024 was higher due to an
plan of 2.67%. Meanwhile, the net NPL ratio increased to 0.82% increase in interest expenses.
compared to 0.77% at the end of last year.
Loan to Deposit Ratio
Return on Assets
Loan to Deposit Ratio (LDR) position at the end of December
The Return On Assets (ROA) ratio at the end of December 2024 2024 was 100.46%, higher than the end of 2023 position of
was 1.22%, the same as the end of 2023, lower than the Bank's 96.86% and also higher than the Bank's business plan target of
business plan of 1.28%. 98.47%.
Return on Equity The Bank strives to improve the effectiveness of its intermediary
function by optimizing LDR, while maintaining liquidity at a safe
The Return on Equity (ROE) in 2024 of 4.78% has increased compared level, with LCR (Liquidity Coverage Ratio) of 173.13% and NSFR
to the previous year of 4.11% and is almost equal to the target of (Net Stable Funding Ratio) of 110.81% at the end of 2024, above
4.79%. This is related to profit after tax which is greater than the the minimum level set by the regulator of 100%.
bank's business plan.
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116 Opening Business and Functional Review Financial Review
Management Analysis and Discussion
Cash Flow Development
Description 31 December 2024 31 December 2023
Operating Cash before Changes in Operating Assets and Liabilities 432,821 430,322
Net Cash from (Used for) Operating Activities 2,470,595 2,988,748
Net Cash from (Used for) Investing Activities (2,298,583) (3,619,104)
Net Cash from Financing Activities 4,994 (10,629)
Net Increase in Cash and Cash Equivalents 177,006 (640,985)
Cash and Early Year Cash Equivalents 1,949,662 2,602,352
Effect of Changes in Foreign Currency 36,890 (11,705)
Cash and End of Year Cash Equivalents 2,163,558 1,949,662
Cash Flow from Operating Activities
Net cash flows from operating activities amounted to a deficit of IDR 2,470,595 billion with the largest gain coming from a decrease in
interest income, fees and commissions, other operating income, increase in receivables from securities purchased under resale agreements,
decrease in derivative liabilities, increase in acceptance liabilities, increase in other liabilities, increase in deposits of third party funds. While
its use from the side of operating activities for payment of interest and other financial expenses, payment of general and administrative
expenses, labor costs, payment of income taxes, purchase of securities for sale, increase in acceptance bills, payment of other expenses
and payment of debts.
Cash Flow from Investing Activities
In 2024, cash outflows from investing activities for the acquisition of fixed assets amounted to IDR 22 billion and the purchase of marketable
securities amounted to IDR 2.3 trillion, while cash inflows included proceeds from the sale of foreclosed collateral and fixed assets
amounting to IDR 34 billion. Therefore, the net cash flow from investing activities was a deficit of IDR 2.2 trillion.
Material Commitments for Investment in Capital Goods
Details of the Company's capital expenditures are as follows:
Description 31 December 2024 31 December 2023
Land - -
Building - 515
Asset Repairment 2,394 134
Office Inventories 13,470 8,033
Car 84 79
Assets under Construction 6,394 7,635
Total 22,342 16,366
Sources of funds used for capital expenditures come from internal sources. Historically, the Bank has a good level of leverage and was
able to finance capital expenditures.
The Company's capital expenditures are mostly aimed at strengthening the Company's operations in order to support the Company's
operational and financial performance. The purchase of capital goods to the Company's performance affects the ability of the
Company's infrastructure to handle fast-growing and high operational activities, as well as meeting the needs of increasingly
complex, online and timely regulatory reporting, the ability to fulfill statistical data for risk management reporting and management
of the Company.
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Corporate Governance Corporate Information Financial Statement Annual Report 117
Management Analysis and Discussion
Operational Review Per Business Segment
Funding
To improve its performance in achieving third party funds throughout 2024, the Bank implemented a number of initiatives including:
1. To increase CASA, CCB Indonesia has consistently developed information technology systems, especially electronic delivery channels.
2. In the effort to increase total current accounts, working with corporate customers to increase the volume of business and transactions
in the Bank, by requiring them to use their account at CCB Indonesia as the main corporate account.
3. Time deposits are maintained proportionally by setting a competitive interest rate policy within reasonable limits.
(in million IDR)
Product December 2024 December 2023 Growth Percentage
Current Account 4,009,871 3,126,957 882.914 28.23%
Saving Account 1,164,249 1,087,415 76,884 7.07%
Time Deposit 18,183,352 15,772,440 2,410,913 15.28%
Total 23,357,472 19,986,812 3,370,660 50.58%
Corporate Loans
(in million IDR)
Corporate December 2024 December 2023 Growth %
Total Corporate Loans 11,875,040 9,134,978 2,740,062 23.07%
Loan disbursements in the Corporate Banking segment in 2024 increased significantly in line with the increased utilization of
working capital facilities and project financing. By prioritizing prudence and thorough analysis, the quality of loan assets can still
be maintained well.
The realization of loan disbursement from the Corporate Banking segment until the end of 2024 reached IDR 11.8 trillion or an
increase of IDR 2.7 trillion from the position at the end of 2023.
The highest Corporate Banking loan disbursement industry sector is in the manufacturing sector at 47.38% of the current Corporate
Banking portfolio, followed by power plant, water treatment and infrastructure at 23.41%, financing at 12.07%, construction at
8.36%, and others at 8.78%. In addition to growth in loan assets, there was also growth in fee-based income.
Commercial Loans
In 2024, the loan portfolio of the commercial loan segment also showed an increase, while still adhering to prudent and conservative
principles.
(in million IDR)
Financing Type December 2024 December 2023 Growth %
Working Capital 5,445,457 4,757,923 687,534 14.45%
Investment 3,773,730 3,088,831 684,899 22.17%
Total Commercial Loans 9,219,188 7,846,754 1,047,100 36.62%
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118 Opening Business and Functional Review Financial Review
Management Analysis and Discussion
Small Business Segment (SME) Loans
In 2024, lending to the small business segment was consolidated, and decreased compared to the previous year, while still maintain
credit quality.
(in million IDR)
SME Loan December 2024 December 2023 Growth %
Total SME Loans 939,281 901,858 37,422 4.14%
Consumer Loans
To increase the consumer lending portfolio, especially Home Ownership Loans, the Bank continues the initiative of collaborative programs
with large developers, holding virtual customer gatherings during the pandemic, providing rewards programs, both internal and external,
holding attractive marketing programs, and other promotional media, by utilizing websites and media for marketing expansion. Consumer
loans experienced growth compared to the previous year.
(in million IDR)
Product December 2024 December 2023 Growth %
Primary Mortgage 916,333 1,005,996 (89,663) (8.91%)
Secondary Mortgage 337,402 309,433 27,969 9.03%
Other Mortgage 161,461 133,199 28,263 21.22%
Other Products 15,095 27,759 (12,664) 45.62%
Total Consumer Loans 1,430,292 1,476,387 (46,095) (42.34%)
Public Offering domestic demand side. All regions are expected to have significant
During the 2024 fiscal year, the Company did not hold any Public economic development as domestic demand improves.
Offering, hence no information needs to be disclosed.
Banking intermediation will expand in 2024 and is expected to
Material Transaction continue until 2025. The financial system, particularly banking,
remains resilient in terms of capital and liquidity. Bank Indonesia
During the 2024 fiscal year, there was no Material Transactions in continues to ensure payment system stability and efficiency by
accordance with applicable regulations, hence there was no strengthening policies and increasing digitization in order to
information that needs to be disclosed. sustain the economic recovery momentum.
Business Outlook In the Draft State Budget (RAPBN) 2025 set by the Indonesian
Government, the economic growth of Indonesia in 2025 is estimated
In 2024, economic growth is expected to continue to increase, at 5.2% and the inflation rate is kept at around 2.5%. Despite the
driven by domestic demand, particularly continued growth in global economic slowdown and geopolitical uncertainty, the
consumption, including the positive impact of holding elections, domestic economy continues to show resilience.
and increased investment, particularly in buildings, in line with
the continued development of the National Strategic Program One of the main considerations is the continuing high level of
(PSN), including the Archipelago Capital (IKN). Investment is also global uncertainty and its impact on consumption and investment,
expected to rise, led by improved business prospects and the two main drivers of gross domestic product (GDP).
increased foreign investment (PMA) inflows.
Banking in Indonesia is showing optimism, with expectations of
Meanwhile, export performance is expected to be sluggish as loan growth in 2025 between 9-11%.
a result of the global economic downturn and falling commodity
prices. Bank Indonesia will continue to increase the synergy The challenges faced by CCB Indonesia are mainly the level of
between the government's fiscal stimulus and macroprudential competition in the banking industry which is getting tougher, both
stimulus to promote economic growth, particularly from the on the asset and liability side, including margin spreads. The Bank
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Corporate Governance Corporate Information Financial Statement Annual Report 119
Management Analysis and Discussion
continues to prudently set interest rates at competitive and reasonable The target of fund raising is to gradually increase the portion of the
levels. Global economic uncertainty, especially due to rising inflation portfolio of more efficient sources of funds, namely Savings and
and interest rates, has the potential to slow economic growth and Current Accounts, with wider customer diversification and not relying
asset quality related to the ability of customers to fulfill their obligations. on a certain group of customers. This increase in CASA is to minimize
costs, but keep the funding position under control, so that the liquidity
With the considerable experience of CCB Corporation in the position is maintained and the acquisition of better spread margins.
infrastructure sector, CCB Indonesia is optimistic to grow and
develop and contribute to the development of Indonesia, especially The fierce competition in the banking sector for TPF does not solely
in the infrastructure sector. CCB Corporation as the majority depend on the number of office networks, but also on the reliability
shareholder is committed to the development of CCB Indonesia, of technology such as internet and mobile banking. CCB Indonesia
both through strong capital support, as well as the transfer of has consistently developed information system technology; internet
business knowledge, improved compliance and risk management banking has been gradually implemented in the previous years
and information technology and operational support. and has been able to serve corporate and individual customers.
Marketing Strategy In 2025, continue to develop technology that leads to digital
banking, for the convenience and comfort of customers, especially
With the potential growth of the Indonesian economy and the current and savings customers. Development of innovative products
potential for good business growth in Indonesia, the Bank develops to encourage the collection of funds to increase CASA through
a realistic business strategy by taking into account various factors. attractive promo programs.
CCB Indonesia sharpened its fund disbursement strategy while adhering Meanwhile, time deposits products as the foundation of bank funds
to prudent and conservative principles, especially in terms of lending are maintained proportionally with the establishment of competitive
to the corporate banking segment, the retail sector, namely commercial interest rate policies within reasonable limits.
and small and medium scale enterprises (SMEs), and consumer banking.
Public trust needs to be enhanced with sound and transparent
In addition, secondary reserve management in securities and bank management (good corporate governance) and excellent
interbank placements. In developing bank activities, as an alternative service quality, attractive customer choice products, and competitive
investment instrument and other sources of income for the Bank, interest rate policies. With CCB Corporation as the controller, it is
such as placement in securities such as Bank Indonesia Certificates, expected to further strengthen public confidence in CCB Indonesia.
Government Securities, Retail Sukuk, corporate bonds, by paying
attention to the yield obtained, tenor and security, and maximizing Target / Projection for the coming year
the return on bank investment in securities.
CCB Indonesia is carefully planning its future strategic initiatives
Lending will be distributed to commercial loans for working capital geared towards:
and investment financing, as well as consumer loans. For the 1. Develop business carefully and conservatively in the corporate
effectiveness of lending, the Bank will continue to adhere to banking segment, along with the retail segment, namely
prudential banking principles and maintain loan quality. commercial banking and small and medium scale enterprises
(SMEs), as well as consumer banking, taking into account the
In terms of pricing, the Bank offers competitive rates to penetrate harmony of economic, social and environmental interests.
the market. Each branch office monitors and provides information 2. Ensure adequate CAR and liquidity for business development.
on prevailing interest rates in the local area. Loan processing is 3. Consistently improving the implementation of good corporate
expedited through the application of the integrated Loan Originating governance (GCG) and enhancing the risk management system
System (LOS), and conservative and prudential banking principles to a more advanced level.
are the main guidelines. 4. Optimization of existing offices, towards the development of
digital banking.
The quality of loans disbursed, both new, additional, and ongoing 5. Improving the quality of human capital by increasing the scale
loans, is properly monitored and evaluated utilizing Post-loan of training programs and more diverse development opportunities.
Monitoring Management. 6. Strengthening IT system infrastructure to improve the effectiveness,
efficiency and capability of the bank's business. Development and
The disbursement of new quality loans is intended to achieve the utilization of technology to manage risk, facilitate control, AML
loan growth target in 2025 and improve the Bank's profitability. and anti-fraud functions as well as product and service development.
Meanwhile, the growth of third party funds (TPF) will be carried For financial projections in 2025, Loans are targeted to increase
out in line with the growth of lending, by maintaining the Loan to by 15.21% compared to the end of 2024, Third Party Funds are
Deposits Ratio position in accordance with management policy. projected with the growth of 18.35%, while Total Assets are
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120 Opening Business and Functional Review Financial Review
Management Analysis and Discussion
projected to increase by 8.44%, if compared to the end of 2024. The amount of cash dividend payment will be adjusted based on
Profit after tax is targeted at IDR 326 billion or an increase of the profit earned by the Company in the relevant fiscal year,
10.37% compared to the end of 2024. without prejudice to the right of the Company's GMS to determine
otherwise in accordance with the provisions of the Company's
Projected financial ratios for 2025 include: gross NPL ratio of 2.35%, Articles of Association and the prevailing laws and regulations in
net NPL ratio of 1.18%; CAR of 29.89%; LDR of 97.79%; NIM of the banking sector.
3.31%; ROA of 1.24% and ROE of 5.05%. In developing business
volume, the Bank always adheres to the precautionary principle. The Company's management plans to distribute dividends if there
is a cash surplus from operating activities after the funds are set
Capital Plan aside for reserve funds, financing activities, capital expenditure
plans and working capital of the Company, amounting to a
CCB Indonesia always ensures adequate Capital Adequacy Ratio maximum of 20% (twenty percent) of the Company's consolidated
(CAR) for business development. net profit, for each year. While at least 80% (eighty percent) will
be used to strengthen the Company's capital. However, if necessary,
The Bank conservatively maintains capital ratios in accordance with from time to time the Company may not distribute dividends to
applicable regulations. CAR is maintained at a safe level, taking into the Company's Shareholders. Since the Initial Public Offering in
account capital add on according to risk profile assessment, as well June 2007, the Company has never paid dividends. There are no
as capital buffer in accordance with Basel III implementation. CAR negative covenants in relation to third party restrictions on the
is projected to be 29.89% by the end of 2025 and total core capital distribution of dividends. In the last 2 (two) years, the Bank has
is projected to be IDR 6.65 trillion by the end of 2025. not paid dividends, as profit generation is still prioritized to
strengthen the capital structure.
Organic capital raising is also underway through the earnings of CCB
Indonesia in the coming years. The Bank also seeks to drive revenue Additional Information
growth through fee-based income, in addition to interest income.
There is no material information, regarding investment, expansion,
The Bank carefully considers the various uncertainties that may divestment, business merger/consolidation, acquisition, debt/
occur, i.e. considers the potential impact of changes in the capital restructuring, and transactions containing conflict of interest,
macroeconomic, market environment, regulatory policies, asset which occurred in the 2024 fiscal year.
quality, and business development on capital requirements and
availability, as well as reflects them in capital raising arrangements Transactions with Related Parties
and capital management measures. The Bank conducts stress
testing using ICAAP on capital adequacy in anticipation of risks. In carrying out its business activities, the Company also conducts
certain transactions with related parties. There are no transactions
Dividend Policy with related parties either directly or indirectly related to the
Company's main business activities, which are defined as conflict
All issued shares of the Company shall have the same and equal of interest transactions based on BAPEPAM-LK regulation No. IX.E.1
rights in all respects with existing shareholders, including the right "Conflict of Interest". In this financial report, the term related party
to dividends, in accordance with the provisions of the Company's is in accordance with PSAK No. 7 (Revised 2010) concerning "Disclosure
Articles of Association and prevailing laws and regulations. of Related Parties".
Page 121
Corporate Governance Corporate Information Financial Statement Annual Report 121
Management Analysis and Discussion
The following is the table of Provision of Funds to Related Parties at the end of 2024.
Balance as of
Description 31 December 2024 Condition and Treatment of the transaction
(in million IDR)
Board of Commissioners, Directors, Executive Officers 5,631 In accordance with applicable procedures.
and Key Employees There is no preferential treatment.
Accrued interest income 12 In accordance with applicable procedures.
There is no preferential treatment.
Total 5,643
Performance Review Per Business Segment from Revenue and Profitability
31 Desember/December 31, 2024
Kredit Treasuri Ekspor-impor Pendapatan Total
Loans Treasury Trade finance dan beban
yang tidak
dapat dialokasi
Unallocated
income and
expenses
Pendapatan Income
Pendapatan bunga 1,714,466 427,474 - - 2,141,940 Interest income
Pendapatan lainnya - 3.351 6,828 89,828 100,007 Other income
Jumlah pendapatan 1,714,466 430,825 6,828 89,828 2,241,947 Total income
Beban Expenses
Beban bunga - (5,934) - (1,140,196) (1,146,130) Interest expense
Beban lainnya - - (713,528) (713.528) Other expenses
Jumlah beban - (5,934) - (1,853,724) (1,859,658) Total expenses
Segmen - neto 1,714,466 424.891 6,828 (1,763,896) Segment - net
Laba sebelum
beban pajak 382,289 Income before tax
expense
Beban pajak (86,887) Tax expense
Laba tahun berjalan 295,402 Income for the year
Aset segmen 23,012,879 8,809,658 - 1,722,924 33,545,149 Segment assets
Liabilitas segmen (844,673) (11,056) (25,847,936) (26,703,353) Segment liabilities
Segmen - neto 23,012,879 7,964,985 (11,056) (24,125,012) 6,841,796 Segment - net
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122 Opening Business and Functional Review Financial Review
Management Analysis and Discussion
Prime Lending Rate customer fund raising activities, operational expenses incurred for fund
raising and lending activities and the profit margin component set by
All Commercial Banks conducting conventional business activities the Bank in lending activities. For the record, the calculation of SBDK
have an obligation to report and publish the Prime Lending Rate does not take into account the risk premium component of the debtor,
(SBDK) in Rupiah currency as stipulated in OJK Regulation No.37/ the amount of which depends on the assessment of the risk of each
POJK.03/2019 concerning Transparency and Publication of Bank debtor. Therefore, the amount of credit interest rate charged to debtors
Reports and OJK Circular Letter No.9/SEOJK.03/2020 concerning is not necessarily the same as the Prime Lending Rate.
Transparency and Publication of Conventional Commercial Bank
Reports. CCB Indonesia has an obligation to report the calculation of the
Prime Lending Rate to OJK on a monthly and periodic basis and to
The reporting and publication of Prime Lending Rate is one of the publish it in the wider media. Prime Lending Rate calculation applies
efforts taken by the Bank to provide clarity to customers and facilitate to corporate loans, retail loans and consumer loans (mortgage and
customers in weighing the benefits, costs and risks of credit offered. non-mortgage). The classification of corporate loans, retail loans and
In addition, the Prime Lending Rate is also an effort to improve good consumer loans (mortgages and non-mortgages) is based on internal
governance and encourage healthy competition in the banking criteria used by the Bank.
industry, among others, through the creation of better market
discipline. In determining the Prime Lending Rate (Prime Lending Rate), CCB
Indonesia considers the compatibility of the Prime Lending Rate
The Bank uses the Prime Lending Rate as an indicator of the amount movement with regulatory policies, trends in the movement of the
of credit interest rates that will be charged to customers so that CCB BI 7-Day Reverse Repo Rate and average market interest rates. In
Indonesia constantly updates the Prime Lending Rate in accordance addition, operational costs and cost of funds at the Bank are also
with the movement of the BI 7-Day Reverse Repo Rate set by Bank important factors for CCB Indonesia in determining the Prime Lending
Indonesia. The Prime Lending Rate calculation considers 3 (three) Rate to remain competitive in the market. The Prime Lending Rate
components, namely the Cost of Funds for Credit (HPDK) arising from for 2024 is as follows:
Prime Lending Rate by Credit Segmentation
Loans Consumer Loans BI 7DRR
Corporate Retail Mortgage Non-Mortgage
2024
March 8.69% 8.82% 8.82% 9.11% 6.00%
June 8.33% 8.53% 8.56% 9.15% 6.25%
September 8.36% 8.82% 8.84% 9.92% 6.00%
December 8.24% 8.45% 8.60% 9.85% 6.00%
2023
March 7.71% 8.57% 8.24% 8.33% 5.75%
June 7.59% 7.83% 8.02% 8.82% 6.00%
September 7.41% 8.03% 7.80% 8.79% 6.00%
December 7.55% 7.42% 8.29% 9.63% 6.00%
CCB Indonesia categorizes loans for the calculation of Prime Lending Rate based on business segments as follows:
1. Corporate loans which are loans granted to Corporate Banking and High-End Commercial customers;
2. Retail loans which include loans granted to Small and Medium Enterprise Commercial Banking customers;
3. Mortgage consumption;
4. Non-mortgage consumption loans (Multipurpose).
Information on the Prime Lending Rate applicable at any time can be seen in the publications at each branch office and/or CCB Indonesia
website (https://idn.ccb.com/en/prime-lending-rate).
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Corporate Governance Corporate Information Financial Statement Annual Report 123
Management Analysis and Discussion
Changes in Laws and Regulations and Accounting Policies
The business activities carried out by the Bank are regulated by a series of policies set by the Financial Services Authority, Bank Indonesia
and other Indonesian laws and regulations. In addition, the Bank's business activities and business development are also affected by a
series of policies, the results of operational conditions and financial conditions. Some of the changes in laws and regulations that occurred
throughout 2024 that had a significant impact on CCB Indonesia are as follows:
Table of Changes in Law & Legislation:
No. Provisions Regarding Impact on CCBI CCBI Follow-up
1 POJK No. 21 of Digital Services by 1. The Bank that already have electronic banking services The Bank will adjust their digital service
2023 Commercial Banks (LPE) / digital banking services (LPD) must adjust their infrastructure in accordance with the provisions
IT infrastructure in accordance with this POJK no later and standard policies and procedures related
than 1 (one) year since this POJK comes into effect. to the implementation of digital services.
The Bank must adjust its policies, standards and procedures
related to the implementation of Digital Services no later
than 3 (three) months since this POJK comes into effect.
2 POJK No. 4 of R e p o r t o n 1. Members of the Board of Directors or members of the This POJK shall come into effect on 26 August
2024 Ownership or Any Board of Commissioners who own shares with voting 2024, the Bank will make adjustments and prepare
Change in rights, either directly or indirectly, are required to reports.
Ownership of submit a report on ownership of voting rights over
Shares of a Public shares and any change in ownership of voting rights
C o m p a ny a n d over shares of a Public Company to the Financial
Report on Activities Services Authority.
of Pledge of Shares 2. In addition to members of the Board of Directors or
of a Public Company members of the Board of Commissioners, there are
Parties who are also required to report to the Financial
Services Authority on ownership of voting rights over
shares and any change in ownership of voting rights
over shares of a Public Company, either directly or
indirectly, including:
a. any Party who owns shares with voting rights of
at least 5% (five percent); and
b. Parties who are controllers of the Public
Company.
Any Party who experiences a decrease in the percentage
of ownership of shares with voting rights to less than 5%
(five percent) is required to report changes in ownership
of voting rights over shares of the Public Company to the
Financial Services Authority.
3 POJK No. 5 of Determination of 1. adjustment of coordination of determination of systemic The Bank will prepare and report the Recovery
2024 Supervision Status Banks; Action Plan to OJK before 30 November 2024.
and Handling of 2. adjustment of Bank supervision status and supervision
General Bank actions;
Problems. preparation of a bank recovery action plan which also
applies to Banks other than systemic Banks; and adjustment
of the mechanism for establishing and capitalizing
intermediary Banks.
4 PADG No. 2 of Main Dealer 1. Changes to the main dealer criteria; The Bank is currently not registered as a main
2024 2. Changes to supporting documents for applications dealer
submitted by the Bank and/or parties designated by
Bank Indonesia (BI) to become a main dealer;
3. Adjustment of the main dealer supervision and
evaluation period;
4. Adjustment of supervision and evaluation of main
performance with changes to the main dealer criteria;
5. Addition of regulations starting from the start of the
main dealer supervision and evaluation period
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124 Opening Business and Functional Review Financial Review
Management Analysis and Discussion
No. Provisions Regarding Impact on CCBI CCBI Follow-up
5 PBI No. 2 of Information System 1. Provider Governance in implementing KKS Strategy The Bank will prepare and report to BI regarding
2024 Security and Cyber and Policies and KKS Culture; Annual Reports and Cyber Incidents.
R e s i l i e n c e fo r 2. Prevention by Providers in anticipating Cyber Incidents
Payment System which includes Identification, Protection, and Detection;
Providers, Money 3. Handling of Cyber Incidents by Providers which includes
Market and Foreign Response and Recovery;
Exchange Market 4. Supervision which includes Supervision Mechanisms
Actors, and Other by Bank Indonesia and Submission of Data and/or
Parties regulated Information from Providers to Bank Indonesia; and
and supervised by 5. Collaboration between Bank Indonesia and Providers
Bank Indonesia
6 PADG No. 4 of Amendment to the Bank Indonesia provides KLM to Banks that distribute: To obtain KLM for providing Credit. Banks provide
2024 Regulation of the a. Credit or Financing to certain sectors determined by credit to certain sectors consisting of:
Members of the Bank Indonesia; 1. Downstream sector;
Board of Governors b. Inclusive Credit or Financing based on the 2. Automotive sector, trade sector, electricity,
Number 11 of 2023 achievement of RPIM; gas, and water sector, and social services
concerning the c. Credit or Financing to UMi; sector;
Implementation d. Environmentally friendly Credit or Financing; and/or 3. housing sector; and/or
Regulation of the other financing determined by Bank Indonesia. 4. tourism and creative economy sector; and
Macroprudential Achieving a certain average credit growth
Liquidity Incentive value determined by Bank Indonesia.
Policy.
7 PADG Number Amendment to the In order to implement Scheduled Fund Transfers and The Bank has conducted a trial of the SKNBI
5 of 2024 Regulation of the Clearing by Bank Indonesia, the Bank needs to develop server backup system in accordance with PADG
Member of the supporting facilities, adjust the criteria for determining No. 5 of 2024 as follows:
Board of Governors zones and mechanisms in debit document exchange Switching and Switching back the SKNBI server
Number 21/12/ activities, and regulate document exchange activities both on 19 August 2024 to 06 September 2024.
PA D G / 2 0 1 9 centrally and bilaterally.
Concerning the
Implementation of
Scheduled Fund
Tr a n s f e r s a n d
Clearing by Banks.
8 PADG Number Amendment to the a. Banks are required to submit information and reports a. Reports are always submitted to BI periodically
6 of 2024 Regulation of the regarding the receipt of DHE and the placement of and on time in accordance with the provisions
Members of the DHE completely, correctly, and on time to Bank through the LLD Bank website - Reporting
Board of Governors Indonesia. of Commercial Bank Foreign Exchange Traffic
Number 4 of 2023 b. Banks are required to ensure that the inflow and Activities.
concerning Foreign placement of funds originating from DHE SDA by b., c., d., The Bank issues and distributes to all
Exchange from Banks are still carried out through instruments available CCBI offices internal provisions in the form
Exports and Foreign domestically. of Board of Directors Circular Letter No. 007
Exchange from c. Banks are required to ensure the implementation of of 2021 concerning the First Revision of the
Imports. the utilization of DHE SDA by Exporters. Opening of Special DHE SDA Accounts and
d. Banks are required to ensure that Exporters with an Internal Note No. 009 of 2024 concerning
Export Value of less than USD250,000.00 (two hundred Amendments to Circular Letter No. 007 of
and fifty thousand United States dollars) or its equivalent 2021 Referring to PADG No. 6 of 2024.
who deposit DHE SDA into the Special DHE SDA
Account have submitted a statement letter.
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Corporate Governance Corporate Information Financial Statement Annual Report 125
Management Analysis and Discussion
No. Provisions Regarding Impact on CCBI CCBI Follow-up
9 PBI Number 5 Standardization of Obligation to Maintain Payment System Competence The Bank has maintained the competence of
of 2024 Payment System a. SK SP actors are required to ensure the implementation the payment system.
Field Competence of Payment System Competence Maintenance for all
HR who have a Payment System PBK Certificate and/ The Bank has submitted its first fund provision
or Payment System Competence Certificate. plan on 10 December 2024 for the 2025 funding
b. Payment System Competence Maintenance is carried plan.
out at least 1 (one) time in a period of 3 (three) years.
c. Payment System Competence Maintenance is carried
out on:
• LPK Payment System; and/or
• LSP Payment System.
d. SK SP actors are required to provide sufficient funds
for the development and strengthening of HR
competencies.
e. The amount of sufficient funds provided is determined
by the SK SP actors in accordance with the assessment
of funding needs to meet the provisions of the SK SP.
f. SK SP actors are required to submit a plan for providing
funds in accordance with the assessment of funding
needs and their realization to Bank Indonesia.
g. Submission of the first mandatory fund provision plan
no later than 13 December 2024 for the 2025 funding
plan.
10 PBI Number 6 Bank Indonesia Obliged parties: The Bank has been quoting indicative prices for
of 2024 Regulation (PBI) a. determine Reference Price indications (Pricing) in LCS CNY/IDR daily through the Refinitiv
Number 6 of 2024 accordance with the requirements set by Bank Indonesia; application. This process has also been detailed
concerning Money b. send indicative Reference Price (Price) offers to: in the Guidelines for Settlement of Bilateral
Markets and Foreign • Bank Indonesia; and/or Transactions (Local Currency Settlement) Using
Exchange Markets. • other parties that support the determination of Rupiah and Yuan (IDR/CNY).
Reference Price (Pricing);
c. manage data, information, and/or matters relating to
the process of determining Reference Price (Pricing)
quotation indications;
d. have internal guidelines relating to Reference Price
(Price) indications;
e. fulfill transaction requests from:
• other contributors; and/or
• non-contributors;
f. have a commitment to support the determination of
Reference Prices (Reference Prices) that are transparent,
strong, and credible; and/or
g. fulfill other obligations set by Bank Indonesia.
11 POJK Number S e c o n d Several recent adjustments to the provisions of POJK SLIK Adjustment of the provisions in POJK No. 11 of
11 of 2024 Amendment to include: 2024, Bank CCBI does not require follow-up in
Financial Services a. Adjustment of the definition of debtor and debtor terms of SLIK Reporting or SLIK iDeb Data
A u t h o r i t y information with the addition of the scope of facilities Withdrawal, based on several things as follows:
Regulation Number received by debtors, namely risk coverage/management,
18/POJK.03/2017 guarantees, and/or joint funding services based on a. Adjustment of the Definition of Debtor and
concerning information technology. Debtor Information as referred to in Article
Repor ting and b. Additional mandatory reporting on SLIK, namely: 1 of POJK No. 11 of 2024 is the impact of the
Requesting Debtor • credit insurance products and/or guarantees; Addition of Mandatory Reporting in SLIK,
Information • Sharia Insurance Companies that market sharia namely Insurance Companies, Guarantees,
Through the financing insurance products and/or sharia Financing Institutions, and Other Financial
guarantees; Services Institutions.
F i n a n c i a l
• Guarantee Companies; b. With the addition of Mandatory Reporters
Information Service
• Sharia Guarantee Companies; and in SLIK, the output of iDeb Data Withdrawal
System.
• LPBBTI Organizers, carried out by iDeb Users of each Bank/LJK
will be added with Debtor information as
with a time limit to become reporters of no more than reported by the Financial Services Institution
1 (one) year since POJK SLIK was enacted. appointed as Mandatory Reporter.
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126 Opening Business and Functional Review Financial Review
Management Analysis and Discussion
No. Provisions Regarding Impact on CCBI CCBI Follow-up
12 POJK Number Implementation of This POJK regulates several things, including: Currently, the Anti-Fraud Unit in collaboration
12 of 2024 Anti-Fraud Strategy a. Definition and explanation of the types of actions that with the Policy, Guideline & Procedure (PGP)
for Financial are classified as Fraud referring to the ACFE Fraud Tree. Division is finalizing the adjustment of the anti-
Services Institutions. b. The scope of parties involved includes LJK and the fraud strategy policy in accordance with POJK
organizations it controls, consumers, and other parties 12 of 2024.
who cooperate with LJK (including the private sector).
c. Obligation to prepare and submit anti-fraud strategy
policies and reports on fraud incidents, both routine
and incidental reports, as well as fines for late submission
adjusted to the complexity of LJK's business activities.
d. Obligation to implement a Fraud Detection System
accompanied by increased understanding of related
internal and external parties, and supported by the
implementation of adequate risk management.
e. Obligation to have a work unit or function tasked with
handling the implementation of anti-fraud strategies
adjusted to the complexity of LJK's business activities.
13 PBI Number 7 Bank ’s Foreign The RPLN macroprudential policy is a policy to strengthen As of Semester II of 2024, the Bank does not
of 2024 Funding Ratio banking foreign funding while still considering the banking have a Bank Foreign Funding plan. However, if
prudential aspect. RPLN itself is a ratio that shows the in the future there is a Bank Foreign Funding
bank's short-term liabilities to its capital. The maximum plan, the Bank will refer to and fulfill its obligations
limit of RPLN is set by Bank Indonesia and can be adjusted in accordance with PBI Number 7 of 2024.
at any time by considering economic conditions and the
financial system. The component data used in calculating
RPLN is submitted by the bank daily to Bank Indonesia
through the Integrated Commercial Bank Report (LBUT).
This RPLN policy improves the provisions of PBI 21/1/2019
concerning Bank Foreign Debt (ULN) and Other Bank
Liabilities in Foreign Currency, especially regarding the
bank's short-term liabilities.
14 PADG Number Regulation on the RPLN OBLIGATION
7 of 2024 Implementation of a. Bank Indonesia sets the RPLN limit.
the Bank's Foreign b. Banks are required to comply with the RPLN limit every
Funding Ratio. day.
c. For banks that have:
• sharia business units; and/or
• general bank offices and Indonesian legal entity
sharia general banks that conduct business activities
abroad,
• The obligation to fulfill the RPLN limit is calculated
as one Bank unit.
d. Bank Indonesia sets the RPLN limit by considering
countercyclical parameters.
e. The maximum RPLN limit is 30% (thirty percent) with
the addition or reduction of the percentage of
countercyclical parameters set by Bank Indonesia.
15 PADG Number T h e Sixth Improvement of provisions regarding the list of transaction Bank CCBI has implemented or run BI RTGS in
8 of 2024 Amendment to the codes and provisions regarding the calculation mechanism accordance with the provisions of Bank Indonesia
Regulation of the and charging of fees for multiple credit transactions as according to PADG No. 8 of 2024.
Members of the stipulated in the PADG concerning the Implementation
Board of Governors of Real-Time Fund Settlement Through the Bank Indonesia
Number 20/15/ System–Real Time Gross Settlement.
PA D G / 2 0 1 8
Concerning the
Implementation of
Real-Time Fund
Settlement Through
the Bank Indonesia
System–Real Time
Gross Settlement.
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Management Analysis and Discussion
No. Provisions Regarding Impact on CCBI CCBI Follow-up
16 POJK Number Transparency and Commercial banks are required to implement interest rate The Bank will implement this policy based on a
13 of 2024 Publication of Basic transparency to encourage efficiency in determining template in accordance with POJK No. 13, in
Credit Interest Rates banking interest rates to support economic financing in accordance with the online socialization of the
(SBDK) of the form of transparency of the components of the implementation of POJK in early October 2024.
Conventional calculation of basic credit interest rates, namely HPDK, The follow-up is as follows:
Commercial Banks. overhead, and margin. 1. Rearranging calculations related to the MSME
segment and adjustments to the Internal
Segment.
2. Announce to the public through the Bank's
website and coordinate with IT to be able
to store data for 5 years on the Bank's website.
3. Submit reports to the OJK via Apolo online
with a quantitative disclosure report format
and a qualitative disclosure report format.
4. For Qualitative disclosure, the Bank is based
on SE DIR 015/SE-DIR/KP-JKT/XI/2021
concerning Business Segmentation Division
in Banks.
17 PLPS Number 2 Resolution Plan for Banks are required to prepare and submit a Resolution The Bank has prepared and submitted a Resolution
of 2024 Commercial Banks. Plan to the Deposit Insurance Corporation for approval. Plan Report to LPS on 25 November 2024 with
letter No. 210/CCBI/DDIR-LPSS/XI/2024
18 SEOJK Number Repor ting and 1. Banks submit Debtor Reports and Requests for Debtor Adjustment of the provisions in SEOJK No. 11/
11/SEOJK.01/2024 Requesting Debtor Information Through the Financial Information Service SEOJK.01/2024, Bank CCBI does not require follow-
Information System, up to the data position in September 2024. up either in terms of SLIK Reporting or SLIK iDeb
T h r o u g h t h e 2. Banks submit Debtor Reports starting from the data Data Withdrawal, based on several things as follows:
F i n a n c i a l position in October 2024. a. Adjustment of the Definition of Debtor and
Information Service 3. Adjustment of reporting guidelines and reference Debtor information as referred to in Roman
System codes; II SEOJK No. 11 of 2024 is the impact of the
4. Adjustment of data communication device and network Addition of Mandatory Reporters in SLIK,
requirements; namely Insurance Companies, Guarantees,
5. Addition of a mechanism for requesting Debtor Financing Institutions and Other Financial
Information via host to host; Services Institutions.
6. Other adjustments to support operations, including b. With the addition of Mandatory Reporters
guidelines for merging BNPL reporting. in SLIK, the output of iDeb Data Withdrawal
carried out by iDeb Users of each Bank / LJK
will be added with Debtor information as
reported by Financial Services Institutions
designated as Mandatory Reporters.
19 PADG Number S e t t l e m e n t o f • Settlement of Bilateral Transactions Using Rupiah and • Ensure that the Bank's system is
15 of 2024 B i l a t e r a l Yuan is carried out bilaterally by business actors in integrated with platforms such as
Transac tions Indonesia and in China using Rupiah and Yuan. The CFETS, Refinitiv, or Bloomberg to
between Indonesia scope of Yuan transactions includes transactions using display CNY and CNH quotations
and China using onshore Yuan (CNY) and offshore Yuan (CNH) as long against IDR.
Rupiah and Yuan as it facilitates the LCS scheme. • Conduct internal training related to
through Banks • Indonesian ACCD Banks are required to publish and Local Currency Settlement (LCS)
display Yuan price quotations (CNY and CNH) against procedures using Yuan onshore (CNY)
Rupiah at least 1 (one) time every day on information and Yuan offshore (CNH).
provider facilities. The information provider facilities • Update SOP related to the PADG changes.
referred to are as follows:
1) China Foreign Exchange Trading System (CFETS)
for CNY;
2) Refinitiv and/or Bloomberg for CNY and CNH; and/
or
3) other facilities that can be accessed by the public.
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128 Opening Business and Functional Review Financial Review
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No. Provisions Regarding Impact on CCBI CCBI Follow-up
20 POJK Number Bank Financial In general, matters regulated in the POJK on Reporting The Bank has prepared and stipulated the General
15 of 2024 Reporting Integrity Integrity include: Guidelines Policy (KPU) for Financial Reporting
1) preparation of information and financial reports includes Integrity on December 20, 2024 in accordance
the Bank's obligation to have a financial reporting with the Decree of the Board of Directors No.
process with integrity and have internal control policies/ 105/SK-DIR/KP-JKT/XII/2024 concerning the
procedures in the financial reporting process, as well issuance of the General Policy and Guidelines
as a prohibition for directors, board of commissioners, (KPU) for Financial Reporting Integrity which
sharia supervisory board, and executive officers against includes, among others:
window dressing practices; • Duties and responsibilities of the board of
2) duties and responsibilities of directors and board of directors and board of commissioners in the
commissioners in the financial reporting process, financial reporting process, including
including monitoring and evaluation by the audit monitoring and evaluation by the audit
committee; committee.
3) support from controlling shareholders in a quality and • Prohibition on the board of directors, board
reliable financial reporting process; of commissioners and executive officers
4) obligations of affiliated parties to avoid intervention from taking actions that intentionally cause
actions against the bank in the financial reporting the Bank's Financial Information and/or
process; Financial Reports not to reflect the actual
5) Banks prepare, determine, and ensure the condition of the Bank.
implementation of internal control policies and • Support from controlling shareholders in
procedures in the financial reporting process, no later the process of quality and reliable financial
than 3 (three) months from the date this POJK is reporting;
enacted; and • Obligation of affiliated parties to avoid
6) The Bank forms a special work unit or appoints an intervention actions to the bank in the
executive officer who is responsible for preventing financial reporting process
fraud or manipulation in financial information and/or • The Anti Fraud Unit has been appointed as
financial reports, no later than 6 (six) months from the a work unit responsible for the implementation
date this POJK is enacted. of internal control in the bank's financial
reporting process.
• Detailed instructions for the implementation
of internal control in the financial reporting
process are currently still in the process of
being prepared.
21 PADG Number Foreign Exchange • Banks are required to ensure that third parties submit • Ensure that the verification process for
11 of 2024 Market Transactions supporting documents in the form of a written statement supporting documents for foreign exchange
stating that foreign exchange transactions against the transactions (Underlying Transactions) is
rupiah: carried out strictly.
1) are at most the nominal value of the Underlying • Update the SOP related to the changes to
Transaction; and the PADG.
2) are in accordance with economic activities. • Provide education to customers regarding
• Banks are required to ensure: restrictions on foreign exchange market
1) foreign exchange transactions against the transactions, including documents that must
rupiah carried out are in the form of: be submitted.
a) cash purchase transactions; and
b) Derivative transactions,
with a nominal value above a certain amount
(threshold), have an Underlying Transaction; and
2) Underlying Transactions comply with Bank
Indonesia's provisions regarding the obligation
to use the rupiah in the territory of the Unitary
State of the Republic of Indonesia.
• PROHIBITIONS AND LIMITATIONS ON FOREIGN
EXCHANGE MARKET TRANSACTIONS.
Banks are prohibited from:
1) transferring rupiah abroad;
2) non-deliverable forward foreign exchange
transactions against the rupiah abroad;
3) providing overdrafts and credit and/or financing
for foreign exchange transactions against the
rupiah;
4) granting overdrafts and credit and/or financing in
rupiah or foreign currency to Non-Residents;
5) purchasing securities in rupiah issued by Non-
Residents;
6) investment in rupiah to Non-Residents; and
7) other transactions stipulated by Bank Indonesia.
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No. Provisions Regarding Impact on CCBI CCBI Follow-up
22 PADG Number Implementation of • SK SP Actors are required to provide sufficient funds • Implementation according to PADG Number
17 of 2024 Competency for the development and strengthening of HR 17 of 2024, related to reporting of cost plans
Standardization in competencies. and implementation of SK SP has been
the Payment • The amount of sufficient funds provided is determined implemented in December 2024.
System Sector by the SK SP Actors in accordance with the assessment • Report on Realization of Ownership and
of funding needs to meet the provisions of the SK SP, Maintenance of Competency-Based Training
for the following 1 (one) year period. Certificates (PBK) Payment System and
• The assessment of sufficient funding needs is carried Realization of Fund Provision and Report on
out by the SK SP Actors considering: Realization of Ownership and Maintenance
1) the scope of the Payment System Activities of of Payment System Competency Certificates
the SK SP Actors; and Realization of Fund Provision (transitional
2) the number of HR who are required to period until 31 December 2026) has been
participate in the Payment System PBK and/or submitted with Number 013/CCBI/DDIR-
Payment System Competency Certification; BI/I/2025 dated 10 January 2025 via email
3) the cost of the Payment System PBK or Payment to BI-ppue.bi.go.id and sent in hard copy to
System Competency Certification; Bank Indonesia.
• SK SP Actors are required to submit:
1) a plan for providing funds in accordance with
the needs assessment; and
2) realization of the provision of funds, through a
report to Bank Indonesia.
Reporting by SK SP Actors
• SK SP Actors are required to submit:
1) periodic reports; and
2) incidental reports, complete, accurate, current,
complete, and timely to Bank Indonesia.
• Types of periodic reports, consisting of:
1) quarterly reports; and
2) annual reports.
• Quarterly reports, in the form of reports on the realization
of ownership and maintenance of SK SP certificates.
• Annual reports, consisting of:
1) reports on plans to fulfill ownership and
2) maintenance of SK SP certificates;
3) reports on plans to provide SK SP funds; and
4) reports on the realization of the provision of SK
SP funds.
• Incidental reports consist of:
1) reports on the list of HR whose issuance of
Payment System Competency Certificates has
been postponed, revoked, or canceled by the
Payment System LSP submitted on the initiative
of the SK SP Actor himself; and
2) other reports required by Bank Indonesia.
23 PADG Number R u l e s of Organizers as members of LAPS-SK are required to: 1. The Bank has paid membership fees, the
18 of 2024 Implementation of • pay membership fees in accordance with LAPSSK Bank last made a contribution payment on
Alternative Dispute Regulations; January 11, 2024 with Receipt Number 0308/
Resolution • implement LAPS-SK agreements and decisions; and KW-LAPSSJK/01.2024
Institutions in the • publish LAPS-SK through a website or other media 2. There has been no decision/agreement from
Financial Services that is officially managed. LAPS SJK.
Sector 3. The Bank has published it through the official
website of Bank CCB Indonesia; https://idn.
ccb.com/corporate-Pengaduan
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130 Opening Business and Functional Review Financial Review
Management Analysis and Discussion
No. Provisions Regarding Impact on CCBI CCBI Follow-up
24 PADG Number Regulation of the Relaxation of the provisions of the LTV Ratio for KP, FTV The Bank implemented this provision and there
19 of 2024 Member of the Ratio for PP, and Down Payment for KKB or PKB, with the are no changes from the previous provisions.
Board of Governors limitations of the LTV Ratio for KP, FTV Ratio for PP, and
Number 21/25/ Down Payment for KKB or PKB, extended to be valid until This Regulation of the Member of the Board of
PA D G / 2 0 1 9 31 December 2025. Governors shall come into effect on 1 January
Concerning the 2025.
Loan To Value Ratio
for Property Credit,
Financing To Value
Ratio for Property
Financing, and
Down Payment for
Motor Vehicle Credit
or Financing
25 PADG Number Implementation Criteria for banks to obtain KLM for providing Credit or The Bank has obtained KLM for providing credit
21 of 2024 R e g u l a t i o n o f Financing based on RPIM achievement, namely achieving or financing, including:
Macroprudential an RPIM value of at least 5% (five percent), with the • incentives for the Agriculture, Trade, and
Liquidity Incentive following details: Manufacturing Industry sectors;
Policy • Incentives for the Transportation, Warehousing,
RPIM Value (%) KLM (%)
Tourism, and Creative Economy Sectors;
>5%-<15% 0.8% • Incentives for the Construction, Real Estate,
>15%-<30% 0.9% and Public Housing Sectors;
• MSME Incentives;
>30% 1.0%+ • Ultra Micro Incentives; and
• Green Incentives.
For banks that do not achieve the target, they can still
obtain KLM as long as the RPIM realization is at least 5% PADG Changes to KLM will come into effect on
(five percent). 1 January 2025.
26 PADG Number Repor t on the • The Reporter is required to prepare and submit a Currently, for reports sent online, the Bank already
22 of 2024 Implementation of Report to Bank Indonesia. has a user ID on the website Laporan.bi.go.id.
Competency • The Reporter must have a Reporter code for submitting Furthermore, the Bank will submit a reporter
Standardization in the Report. code and the Bank Indonesia Reporting System
the Payment • The Reporter who does not yet have a Reporter code and submit a letter of application document.
System Sector. must:
1) fill in the Reporter's basic data on the Bank Indonesia
Reporting System; and
2) submit a letter of application document equipped
with evidence of successful filling in the Reporter's
basic data on the Bank Indonesia Reporting System
in the form of:
a) printed copy to Bank Indonesia c.q. Report
Management and Compliance Department,
Jalan M.H. Thamrin Number 2, Jakarta 10350;
and/or
b) electronic copy via electronic mail
• The Reporter is required to submit a Report and/or
correction to the Report submitted quarterly
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Management Analysis and Discussion
No. Provisions Regarding Impact on CCBI CCBI Follow-up
27 POJK Number Amendments to • There is an expansion of the scope of the obligation • The Bank prepares gap analysis and
19 of 2024 Financial Services to monitor, calculate, and report LCR to apply to all adjustments to the Liquidity Risk Management
A u t h o r i t y Conventional Commercial Banks (BUK), where previously Guidelines based on POJK Number 19 of
Regulation Number BUK included in the group of banks based on core 2024 and the provisions of the OJK Circular
42/POJK.03/2015 capital (KBMI) 1 other than foreign banks were not Letter to be issued.
concerning the included in the scope of LCR regulations. The expansion • The Bank prepares the implementation of
Obligation to Fulfill was carried out considering that maintaining the LCR the Internal Liquidity Adequacy Assessment
the Liquidity ratio is intended to support the strengthening of Process (ILAAP).
Coverage Ratio for banking liquidity so that equivalent, reliable, and • The Bank prepares the development of a
Commercial Banks comparable data is needed that applies to all BUK. supporting system for calculations in the
• Banks are required to report LCR, HQLA criteria, Market & Liquidity Risk Management unit.
obligations related to the Internal Liquidity Adequacy • The Bank has carried out LCR Calculation &
Assessment Process (ILAAP), and reporting procedures. Reporting to the Regulator (OJK) in
• The obligation to calculate daily LCR for Banks included accordance with applicable provisions.
in the Bank group based on core capital 1 other than • The Bank has submitted quarterly LCR reports
foreign Banks, was first carried out for the position of on the Bank CCB Indonesia website in
1 December 2024. accordance with applicable provisions.
• The obligation to submit reports and publications for
Banks was first carried out for the position at the end
of December 2024.
• The Bank prepares gap analysis and adjustments to
the Liquidity Risk Management Guidelines based on
POJK Number 19 of 2024 and the provisions of the
OJK Circular Letter to be issued.
28 POJK Number Obligations to Fulfil • Banks are required to: • The Bank prepares a gap analysis and
20 of 2024 the Net Stable 1) monitor the fulfillment of NSFR; adjustments to the Liquidity Risk Management
Funding Ratio for 2) submit a report on the calculation of NSFR; and Guidelines in accordance with the provisions
Commercial Banks 3) publish the NSFR Report, of the Regulator.
both individually and consolidated. • The Bank has carried out the Calculation &
• In the event that a Bank is included in the Bank group Reporting of NSFR to the Regulator (OJK) in
based on core capital 2, the Bank group based on core accordance with applicable provisions.
capital 3, the Bank group based on core capital 4, or • The Bank has submitted a quarterly LCR
a foreign bank then becomes a Bank included in the period report on the Bank CCB Indonesia
Bank group based on core capital 1 other than a foreign website in accordance with applicable
bank before December 2024, the Bank is still required provisions.
to comply with the provisions for calculating and
reporting NSFR.
29 POJK Number E x p a n s i o n o f • This POJK regulates several matters, including: Until now, CCB Indonesia does not have any
26 of 2024 Banking Business 1) adjustment of the scope of subsidiary companies subsidiaries.
Activities (investees) of Commercial Banks to be in line with
the P2SK Law;
2) transfer of receivables by Banks to include
Commercial Banks, Sharia Commercial Banks, BPRs
and Sharia BPRs;
3) guarantees by Commercial Banks with reference
to internationally applicable standards/practices;
4) implementation of TTE and electronic agreements
in the implementation of Bank products, in
accordance with the provisions of laws and
regulations; and
5) Bank activities as KUPVA organizers.
• As mandated by the P2SK Law, this POJK regulates:
1) expansion of the scope of subsidiary companies
of Commercial Banks where Commercial Banks
that carry out conventional business activities can
make Capital Participation to other companies that
support the banking industry and Commercial
Banks that carry out business activities based on
Sharia Principles can make Capital Participation to
non-financial institutions that support the sharia
banking industry that do not conflict with Sharia
Principles.
2) adjustment of regulations regarding the scope of
companies receiving capital participation carried
out by subsidiaries of General Banks.
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132 Opening Business and Functional Review Financial Review
Management Analysis and Discussion
Changes in Accounting Policies
The standards and interpretations that are issued by the DSAK-IAI, but not yet effective for current year financial statements are disclosed
below.
Effective on or after 1 January 2024
- Amendments to SFAS No. 207: “Cash Flow Statement” and Amendment to PSAK No. 60: “Financial Instruments: Disclosures about
Supplier Financing Arrangements”. Early application is permitted.
- Amendments of SFAS No 116, “Lease” regarding lease liabilities in sale-andlease back transactions.
The above standards are effective on 1 January 2024 and early implementation is permitted.
Effective on or after 1 January 2025
- Amendments of SFAS 221, “The Effect of Changes in Foreign Exchange Rates” regarding to conditions when currency is not exchangeable.
The above standards are effective on 1 January 2025 and early adoption is permitted
Effective on or after 1 January 2026
- Amendments of SFAS 109, "Financial Instruments," and SFAS 107, "Financial Instruments: Disclosures about the Classification and
Measurement of Financial Instruments" regarding derecognition of financial liabilities, as well as clarify the assessment of cash flow
characteristics for financial assets with ESG-linked features, financial assets with non-recourse features, and contractually bound
instruments such as tranches. The amendments also revise the statement in SFAS 107 regarding the disclosure requirements for
investments in equity instruments measured at fair value through other comprehensive income and adding statament related to
financial instruments with contractual terms that alter the timing or amount of contractual cash flows.
As at the authorization date of this financial statements, the Bank is still evaluating the potential impact of these new and revised accounting
standards to the financial statements of the Bank.
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Corporate Governance Corporate Information Financial Statement Annual Report 133
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134 Opening Business and Functional Review Financial Review
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Corporate Governance Corporate Information Financial Statement Annual Report 135
Corporate
04
Governance
Wijaya
kusuma
Queen of the Night
This flower, found in Papua and Java, blooms only
at night. In Javanese, “wijaya” means “victory”
and “kusuma” means “upright” symbolizing
happiness and good fortune.
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136 Opening Business and Functional Review Financial Review
Sustainability Report
Corporate Social and Corporate Social and Environmental Responsibility
Environmental Responsibility 136
CCB Indonesia Sustainability Report was prepared based on the Financial Services Authority
1. Sustainability Strategy Regulation (POJK) No. 51/POJK.03/2017 concerning the Implementation of Sustainable
2. Performance Overview of the Finance for Financial Service Institutions, Issuers, and Public Companies; and Financial
Sustainability Aspects Services Authority Circular Letter No. 16/SEOJK.04/2021 concerning the Form and Content
3. Profile of CCB Indonesia of the Annual Report of Issuers or Public Companies. In carrying out CCB Indonesia's
4. Explanation of Board of Directors business activities, it is carried out responsibly, by integrating environmental, social, and
5. Sustainability Governance environmental aspects of governance (ESG) in a sustainable financial framework, so that
6. Sustainability Performance business growth is also expected to have a good impact on planetary preservation and
7. Responsibility for Sustainable public welfare. The distribution of financing is carried out by giving more priority to
Financial Products/Services business people who carry out their business with concern for social and environmental
Development aspects. CCB Indonesia also plays a role in contributing to the Sustainable Greening
8. Others Program in barren areas that has been implemented for the past 10 (ten) years through
corporate social responsibility.
The Scope of this Report covers the period from January 1 to 31 December 2024 with
the scope of information and data originating from CCB Indonesia. Information on financial
statements that have been audited by the Public Accounting Firm of Purwantono, Sungkoro
and Surja (a member of Ernst and Young).
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Corporate Governance Corporate Information Financial Statement Annual Report 137
Sustainability Report
Development Goals or SDGs No. 15, namely protecting, restoring
The Sustainability Report includes: and supporting sustainable use of terrestrial ecosystems,
1. Sustainability Strategy sustainably managing forests, combating desertification, and
2. Performance Overview of the Sustainability Aspect inhibiting and reversing land degradation and preventing the
3. Profile of CCB Indonesia loss of biodiversity.
4. Explanation of the Board of Directors
5. Sustainability Governance The occurrence of climate change or extreme weather, which
6. Sustainability Performance has recently hit the earth globally and caused various disasters,
7. Responsibility for Sustainable Financial Products/Services such as long droughts, landslides. CCB Indonesia has participated
Development in assistance through a sustainable Greening program in the
8. Others Central Java area, especially Wonogiri to prevent erosion in
barren areas to avoid the danger of landslides. Implementation
1. Sustainability Strategy of the Greening program starts from the pre-planting process,
planting seeds to watering until the trees can grow independently,
Sustainability Strategy Explanation namely having strong enough roots.
In carrying out business activities, CCB Indonesia implements
responsibly, by integrating environmental, social and governance Throughout 2024 CCB Indonesia continued to implement a
(ESG) aspects within a sustainable financial framework, so that number of initiatives to encourage the implementation of the
business growth is also expected to have a positive impact on Sustainable Finance Action Plan. CCB Indonesia consistently
preserving the planet and the welfare of society. supports government policies by implementing programs with
economic activities that support Indonesia's efforts and
CCB Indonesia is committed to maintaining environmental Sustainable Development Goals covering economic,
sustainability in the company's daily operational activities, environmental, and social aspects; within the framework of
including maintaining the cleanliness of the environment sustainable financing to support the achievement of Indonesia's
around the office, giving priority to providing loans to net zero emission (NZE) target by 2060.
environmentally sound business activities and parties who care
about social and environmental aspects (‘green company’), Definition of Sustainable Finance
and has implemented a Sustainable Greening Program which • Sustainable Finance is a comprehensive support from the
started in 2014. financial services sector to create sustainable economic
growth by aligning economic, social and environmental
Financing priorities are directed towards environmentally sound interests.
business activities, which means that these activities must pay • Sustainable Financial Products and/or Services are financial
attention to and strive to reduce negative impacts on the products and/or services that integrate economic, social
environment and encourage sustainable practices. and environmental aspects, as well as governance in its
Environmentally sound business activities include investment features.
in renewable energy, namely: financing for renewable energy • Financial Services Institutions (LJK), Issuers and Public
projects such as solar, wind or hydroelectric power which help Companies must implement Sustainable Finance in the
reduce greenhouse gas emissions and promote cleaner energy business activities of LJK, Issuers and Public Companies.
sources; as well as sustainable transportation financing to
support sustainable transportation projects, such as the CCB Indonesia's strategy in implementing the
development of public transportation or sustainable infrastructure. Sustainable Financial Action program includes:
1) Environmentally sound business financing.
Apart from that, CCB Indonesia also plays an active role in In this case, it is carried out by providing loans for
contributing to the sustainable Greening program in barren environmentally sound business activities, namely to parties
and drought areas which has entered its 10th year through who have a concern for the environment (‘green companies’).
corporate social responsibility (CSR). CCB Indonesia encourages loan providers to give more
priority to business players who are environmentally sound
Greening is very important to overcome the problem of land and carry out their business by paying attention to social
degradation, reduce soil erosion, and increase environmental and environmental aspects.
sustainability. This Sustainable Greening Program is beneficial
for others and the environment, especially overcoming barren, 2) Sustainable Greening Program
barren land that is prone to landslides to stop and rehabilitate In line with the implementation of Corporate Social
land damage. This activity is included in the Sustainable Responsibility (CSR) for a Sustainable Greening Program in
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138 Opening Business and Functional Review Financial Review
Sustainability Report
the Wonogiri area, Central Java which has been started reduce the effects of global warming. Plants absorb carbon
since 2014 until now, and will be continued in the coming dioxide from the air and store it in the form of biomass,
years, to prevent erosion for barren areas to avoid landslide helping to reduce the amount of greenhouse gases in the
hazard. The implementation of this program is currently atmosphere.
running in 3 (three) villages, namely Sumberharjo Village,
Sindukarto Village and Puloharjo Village, Eromoko District, 4) Providing biological resources
Wonogiri Regency. In addition, in 2024 this Greening Greening programs in arid and barren areas can help
program was expanded to Karang tengah Village, Banyumas, provide sustainable biological resources. Planted trees
Purwokerto area, Central Java. and plants can provide wood, animal feed, food and
medicinal ingredients for local communities. This can help
This Greening program consists of (i) planting superior improve economic prosperity and food security in the
seeds of sapodilla fruit, longan, petai, jackfruit, and durian area.
on village roads, fields and people's houses, as well as
hillsides/mountains, and the fruit yields can be used by the 5) Increase economic sustainability
local community; (ii) provide assistance programs for Greening can also provide long-term economic benefits.
watering the donated plants. The implementation of this For example, developing agrotourism by utilizing green
program has been implemented since 2014 for a period land can become a source of income for local communities.
of 10 (ten) years until 2024, and this program will be continued The fruits/vegetables produced from plants originating
to other villages that are still barren in the Central Java. from the CCB Indonesia greening program can be fully
used by the local community and are able to provide
3) The Bank activities with concern for Social and Environmental economic value.
Aspects.
Efforts to encourage the implementation of activities at 6) Improving the quality of life of the community
CCB Indonesia that pay attention to social and environmental A green environment can have a positive impact on
aspects, with the aim of saving the use of increasingly people's quality of life. Greenery can create a cooler
limited natural resources, for example the development of environment, cooling the air temperature which tends
environmentally sound products (digital banking), saving to get hotter. This can improve living comfort and people's
resource use, implementing educational programs through health.
e-learning, meetings with participants who have remote
location with teleconference meeting and so on. 7) Promote environmental awareness
Through CCB Indonesia's greening program, it is hoped
Goals of the Sustainable Greening Program that public awareness and understanding of the importance
1) Overcoming land degradation of protecting the environment will increase. Involving the
One of CCB Indonesia's main greening objectives in arid community in greening programs can help increase their
areas is to overcome land degradation caused by erosion, awareness and active participation in protecting and
decreased soil quality and loss of vegetation. Plants planted preserving the environment. CCB Indonesia, in collaboration
in this program can help improve soil structure, increase with local village heads and farming communities, regularly
fertility and reduce erosion, as well as avoid the danger of holds meetings, especially to instill the importance of this
landslides. greening program.
2) Improving environmental quality CCB Indonesia's Sustainable Greening Program consists
Greening can help improve environmental quality in barren of:
areas. Planted plants can produce oxygen, absorb carbon 1. Program for planting superior seedlings of sapodilla fruit,
dioxide, and reduce air pollution. Apart from that, greening longan, petai, jackfruit and durian which is usually carried
can also help maintain the balance of local ecosystems, out in December on village roads, farmers' fields and
improve water quality, and provide habitat for various residents' houses, as well as surrounding hillsides/
species of flora and fauna. mountains, and the fruit can be used by the local community
and provide economic value;
3) Reduce the impact of climate change 2. The assistance program for watering the donated plants
Planting trees and other plants in CCB Indonesia's greening is carried out during the dry season, generally between
program can help reduce greenhouse gas emissions and March and October.
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Sustainability Report
Steps in Implementing Sustainable Greening Program community and provide economic value that is beneficial
1. Identify areas that need greening to the surrounding environment.
Identify the areas in Eramoko District in Wonogiri that are
the most arid and barren, as well as in Karang Tengah village 8. Monitoring and Evaluation
in Banyumas. CCB Indonesia coordinates with local CCB Indonesia, assisted by local agricultural/plantation
governments, local communities or environmental experts, regularly monitors plant growth and the impact
organizations to obtain more detailed information about of greening. Evaluate the success of greening projects and
these areas. identify steps that need improvement.
2. Assistance from agricultural / plantation experts 2. Performance Overview of the Sustainability
CCB Indonesia consults with local agricultural/plantation Aspects
experts to gain more in-depth knowledge about the types
of plants suitable for growing in the area. Consider factors a. Economic Aspect
such as climate, soil type, and water availability in selecting During 2024 CCB Indonesia's financial performance showed a
the right plant species. number of positive financial ratio indicators, especially the Bank's
profitability, efficiency and asset quality performance. Profit
3. Collection and planting of superior seeds After Tax in 2024 amounted to IDR 295.40 billion, up 22.42%
Collect plant seeds that suit the conditions of the area. compared to IDR 241.29 billion in 2023, with an achievement
Accompanied by local agricultural / plantation experts to of 100.23% of the business plan target.
obtain suitable plant seeds. Be sure to choose species that
are resistant to drought and poor soil conditions. Loan disbursement increased by 21.20% year on year from
IDR 19.36 trillion as of 31 December 2023 to IDR 23.46 trillion as
4. Land preparation of 31 December 2024, with an achievement of 105.39% of the
CCB Indonesia, assisted by local agricultural/plantation business plan. While Third Party Funds on a year on year basis
experts, prepares the land by ensuring that the soil is increased by 16.86% from IDR 19.99 trillion to IDR 23.36 trillion
sufficient to support the growth of new plants. Then as of 31 December 2024, or 103.30% of the business plan target.
improve the soil by adding organic fertilizer or other The Bank managed to improve the effectiveness of its intermediary
organic materials. function by optimizing the Loan to Deposits Ratio (LDR). Along
with the increase in Loans, Total Assets as of 31 December 2024
5. Planting and maintenance also increased by 20.44% year on year from IDR 27.85 trillion to
Plant seeds with sufficient distance between one tree and IDR 33.55 trillion, or 109.49% of the business plan target.
another, and provide proper care, including regular watering
and applying fertilizer if necessary. CCB Indonesia, assisted In terms of capital, the Bank's Capital increased from IDR 6.54
by local agricultural / plantation experts, ensures that they trillion as of December 2023, to IDR 6.84 trillion as of December
monitor plant growth and provide protection against pests 2024, and better than the business plan target.
and diseases. Apart from that, CCB Indonesia also helps
with watering, especially in the dry season, because water Achievement of profitability ratios namely Return On Assets
in this area is quite difficult to obtain. (ROA) and Return On Equity (ROE) as of 31 December 2024
were 1.22% and 4.78% respectively compared to the business
6. Involve the local community plan targets of 1.28% and 4.79% respectively. Net Interest
CCB Indonesia also involves local communities in this Margin (NIM) of 3.50% was also compared to the business
greening project, especially farming communities, by plan of 3.69%. As of 31 December 2024, gross NPL credit
inviting them to participate in planting and caring for quality of 2.12% and net NPL of 0.82% were better than
plants. The local agricultural / plantation expert team the targets of 2.67% and 0.87% respectively. Capital Adequacy
provided an understanding of the benefits of greening Ratio (CAR) as of 31 December 2024 reached 30.72%
and invited them to look after the plants well after planting compared to the business plan projection of 31.59%.
was completed.
The complete economic aspects can be seen in the Financial
7. Fruit/vegetable results from the greening program Highlights Chapter (on page 27), the Directors' Report
The fruits or vegetables produced from plants originating Chapter (on page 38) and the Financial Review Chapter:
from this greening program can be fully used by the local Management's Analysis and Discussion (on page 110)
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140 Opening Business and Functional Review Financial Review
Sustainability Report
CCB Indonesia develops environmentally sound products and Fuel Costs in the last 5 (five) years generally still show a fluctuating
services through digital banking, such as internet banking trend, however in 2024 fuel usage decreased compared to
(corporate and individual), mobile banking, and virtual accounts. 2023.
CCB Indonesia has consistently been developing technology-
based products and services, initially developing internet banking Cost 2024 2023 2022* 2021 2020
for corporations, continuing for individuals, and mobile banking,
as well as continuing development of digital banking, such as Fuel 2,839 3,204 2,928 2,169 2,211
(million IDR)
QR payment, iDebit.
Petrol (liter) 283,876 320,354 292,840 277,802 283,227
b. Environmental Aspect * For the record, there was an increase in fuel prices by the government
Efforts are made to reduce the use of energy resources at on 3 September 2022, specifically the price of Pertalite rose by around
30.72%.
CCB Indonesia from time to time, as reflected in the costs
incurred by the Bank showing a downward trend. Transportation Costs have shown a declining trend in the
last 5 (five) years, namely IDR 149 million (2020), IDR 144
CCB Indonesia always strives to reduce the use of fuel million (2021), IDR 129 million (2022), to IDR 119 million
resources in banking activities, including: meetings and (2023), but increased in 2024 to IDR 136 million.
discussions using teleconference media, as well as holding
virtual training (e-training), and holding the General Meeting c. Social Aspect
of Shareholders held in a hybrid manner. Apart from that, The occurrence of climate change or extreme weather,
CCB Indonesia also encourages customers to make financial such as long droughts, droughts, landslides. CCB Indonesia
transactions using digital banking, so that customers do not continuously participates in the planting of sapodilla,
need to come to the bank and reduce the use of transportation. longan, petai, jackfruit and durian seedlings, as well as
support for watering plants in a greening program in the
CCB Indonesia continues the Sustainable Greening Program, Wonogiri and Banyumas area, Central Java to prevent
which in 2024 will enter its 10th year with Phase VIII Tree erosion in barren areas to avoid landslide hazards. The
Planting by coordinating the planting of 500 superior Durian fruits from the planting of the greening program can be
Bawor seedlings for farming communities in Karang Tengah shared free of charge for the community around the
Village, Banyumas, with Carbon sequestration equivalent location.
to 4.5 Tons of CO2 / year.
As part of its social activities, CCB Indonesia continues the
Water Electricity and Gas Costs have generally shown a Sustainable Greening Program, which was originally run in
downward trend over time in the last 5 (five) years: IDR 2.21 3 (three) villages in Wonogiri, in 2024 has entered its 10th
billion (2020) to IDR 2.17 billion (2021), IDR 5.97 billion year with the Tree Planting Phase VIII by coordinating the
(2022) to IDR 5.62 billion (2023), and decreasing again to planting of 500 superior Durian Bawor seedlings for farming
IDR 5.57 billion (2024). communities in Karang tengah Village, Banyumas, Purwokerto
area, Central Java.
In billion IDR
Cost 2024 2023 2022 2021 2020
In addition, in the context of corporate social responsibility
(CSR), CCB Indonesia also holds a number of social activities
Water Electricity 5.57 5.62 5.97 2.17 2.21 that provide support for underprivileged communities and
and Gas
need assistance, such as social visits to orphanages, school
assistance, especially for children with disabilities and natural
Over the past 5 (five) years, Printing Costs have shown a disaster assistance.
decreasing trend from IDR 876 million (in 2020), to IDR 543
million (in 2021), IDR 579 million (in 2022), IDR 495 million 3. Profile of CCB Indonesia
(in 2023), then in 2024 it was relatively flat at IDR 495 million.
a. Vision, Mission, Core Beliefs and Core Values
In million IDR CCB Indonesia mission has been adjusted in the previous
Cost 2024 2023 2022 2021 2020
year to accommodate the Sustainable Finance program
which contains elements of social and environmental
Printing 495 495 579 543 876 responsibility.
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Sustainability Report
Vision 6. Commitment
Become an international bank and has the ability to multiply We believe that the commitment to build a harmony
value through innovation capabilities of economic, social and environmental interests will
maintain sustainable economic growth, therefore we
Mission desire to succeed in developing a green environment.
Provide better products and services for customers, create
higher value for shareholders, build broader career path b. Company’s Address
for associates, and implementing social and environmental PT Bank China Construction Bank
Company’s Name
responsibility as a good corporate citizen Indonesia Tbk
Sahid Sudirman Center, 15th floor
Core Values Jl. Jend Sudirman Kav. 86, Central Jakarta
10220, Indonesia.
1. Integrity Head Office
Telephone (62-21) 5082 1000
Ability and commitment to realize what has been Fax. (62-21) 5082 1010
agreed. SWIFT/BIC : BWKIIDJA
2. Trust Website idn.ccb.com
Relationships are based on trust in each other. Email corsec@idn.ccb.com
3. Speed
Status of the Bank Public Company and Foreign Exchange Bank
Speed in providing service.
4. Competence Stock Listing Indonesia Stock Exchange
Competence is the main differentiator between success Stock Code MCOR
and failure in any field.
Detailed information about the CCB Indonesia's office
Core beliefs network which consists of 73 offices can be found in the
1. Strong financial base Office Network Chapter (page 258)
We believe that a strong financial base will determine
the competitiveness of our bank. Therefore, we aim to c. Scale of business
deliver outstanding sustainable financial performance In million IDR
by building a customer network, productive processes Financial Figures Dec-24 Dec-23 Dec-22
and cost-effectiveness, superior human capital. Total Assets 33,545 27,852 25,023
Loans 23,464 19,360 16,687
2. Ability to provide complex service and with speed
We believe that the ability to provide complex and fast Third Fund Party 23,357 19,987 17,947
services can win customers' choices. Therefore, we Equity 6,842 6,541 6,199
desire to design and implement complex and fast Profit After Tax 295 241 136
service processes for customers.
The number of Bank employees as of December 2024 (excluding
3. Strong partnerships outsourcing employees) was 1,131 persons. The Bank outsources
We believe that the partnership is a multiplier of the some of the work of non-staff, such as couriers, drivers, security
value received by the customer; therefore we intend and cleaning to outsourcing service providers. As of 31
to build comprehensive partnerships between our December 2024 the number of outsourced employees was
bank and suppliers and business partners, partnerships 288 persons, bringing the total number of employees (including
between employees and managers, partnerships outsourced employees) to 1,419 persons.
between functions within our organization.
Total Employees by Employees’ Status
4. Sustainable improvement
We believe that in this life we will never reach perfection, 31 Dec 2024 31 Dec 2023
therefore we desire to always strive for perfection; there Employees’ Status
Total % Total %
is always a better way. Permanent Employees 1,089 96% 1,137 96%
Probation Employees 36 3% 37 3%
5. Human capital Contract Employees 6 1% 9 1%
We believe that human capital is a determinant of our Number of Employees 1,131 100% 1,183 100%
ability to deliver sustainable financial performance;
Outsourcing Employees 288 295
therefore, we aim to attract, retain, motivate and
Number of Employees 1,419 1,478
effectively utilize the quality personnel we can find. (including outsourcing
employees)
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142 Opening Business and Functional Review Financial Review
Sustainability Report
Employees’ Composition by Education Level Employees’ Composition by Gender
(Excluding outsourcing employees) (Excluding outsourcing employees)
31 Dec 2024 31 Dec 2023 31 Dec 2024 31 Dec 2023
Education Level Gender
Total % Total % Total % Total %
< Senior High School 213 19% 249 21% Male 544 49% 582 49%
Academy 119 11% 126 11% Female 587 51% 601 51%
Bachelor 760 67% 766 65% Total 1,131 100% 1,183 100%
Postgraduate 39 3% 42 4%
Total 1,131 100% 1,183 100% Share Ownership Composition per 31 December
2024
1 January 2024 31 December 2024
Employees’ Composition by Years of Service Shareholders'
No Number of Number of
Name Percentage Percentage
(Excluding outsourcing employees) Shares Shares
31 Dec 2024 31 Dec 2023 1 China 22,751,563,707 60.00% 22,751,563,707 60.00%
Years of Service Construction
Total % Total %
Bank
0-3 years 324 29% 296 25% Corporation
3-5 years 84 7% 128 11% 2 Johnny 2,631,113,705 6.94% 2,631,113,705 6.94%
5-10 years 338 30% 375 32% Wiraatmadja
10-20 years 269 24% 257 22% 3 UOB Kay 3,112,882,656 8.21% 3,112,882,656 8.21%
Hian Pte. Ltd.
> 20 years 116 10% 127 11%
4 Public 9,424,170,446 24.85% 9,424,170,446 24.85%
Total 1,131 100% 1,183 100%
Total Shares 37,919,730,514 100.00% 37,919,730,514 100.00%
Employees’ Composition by Age At the end of 2024 CCB Indonesia has a network of 73
(Excluding outsourcing employees) offices, consisting of 1 Head Office, 20 Branch Offices and
31 Dec 2024 31 Dec 2023 52 Sub-Branch Offices, spread across cities in Indonesia
Age such as Jakarta, Bandung, Semarang, Solo, Yogyakarta,
Total % Total %
< 25 years old 60 5% 48 4% Surabaya, Denpasar Bali, Mataram Lombok, Palembang,
Bandar Lampung, Batam, Pekanbaru, Pontianak, Makassar
25-34 years old 415 37% 450 38%
and Pangkal Pinang.
35-44 years old 362 32% 374 32%
> 45 years old 294 26% 311 26% Detailed information related to this is found in the Financial
Total 1,131 100% 1,183 100% Highlights Chapter (page 27), the Human Capital Chapter
(page 52), the Shareholder Information Chapter (page 16)
and the Office Network Chapter (page 258).
Employees’ Composition by Position
(Excluding outsourcing employees) d. Products, Services, and Business Activities carried
31 Dec 2024 31 Dec 2023 out
Position
Total % Total %
Business Activities According to Articles of Association
Directors 4 0% 6 1%
Division Head / 36 3% 39 1%
Main Business Activities
Regional Head
▪ Raising funds from the community in the form of current
Branch Manager 67 6% 67 9%
account, time deposits, certificates of deposit, savings
Department Head 135 12% 151 14% and/or other equivalent forms;
Officer 70 6% 64 5% ▪ Granting medium, long or short term-loans and other
Staff 735 65% 765 68% types that are prevalent in the banking world;
Non-Staf 84 7% 91 1% ▪ Promissory note issuance;
Total 1,131 100% 1,183 100%
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▪ Purchasing, selling, or guaranteeing at own risk or for investment must be withdrawn accordance with the
the benefit and at the behest of the customer: provisions stipulated by the competent authority;
- Bills including bills received by banks whose validity • Undertaking other businesses that are directly or
period is no longer than the usual practice in trading indirectly related to the above purpose, the
these letters; implementation of which is not contrary to the laws
- Promissory notes and commercial paper - other, in force in Indonesia.
whose validity period is no longer than the usual
practice in trading such documents; Detailed information related to this can be found in the
- State treasury papers and government guarantees; Products and Services Chapter (page 254).
- Bank Indonesia Certificates (SBI);
- Bonds; e. Membership in the Association
- Promissory notes which can be traded; CCB Indonesia is a member of a number of associations,
- Other securities in accordance with the provisions including:
stipulated by the competent authority. 1. National Commercial Banks Association (Perbanas)
▪ Transferring money both for own interests and for the 2. Association of Indonesian Issuers (AEI)
interests of customers; 3. Banking Compliance Director Communication Forum
▪ Placing funds in, borrowing funds from, or lending funds (FKDKP)
to other banks, either by using letters, telecommunications 4. Indonesia Corporate Secretary Association (ICSA)
facilities or by sight draft, checks or other means; 5. Indonesian Payment System Association (ASPI)
▪ Receiving payments from bills on securities and doing 6. Indonesian Commodity Futures Trading Association
calculations with or between third parties; (ASPEBTINDO)
▪ Placing funds from customers to other customers in 7. Alternative Institutions for Settlement of Financial
the form of securities listed on the stock exchange; Services Sector Disputes (LAPS SJK)
▪ Conducting activities in foreign currencies by meeting 8. Chinese Chamber of Commerce (CCC)
applicable regulations; 9. Association Cambiste International - Financial Markets
▪ Providing financing and or conducting other activities Association Indonesia (ACI FMA Indonesia)
in accordance with the provisions stipulated by the 10. Banking Operations Director Communication Forum
competent authority. (FKDOP)
11. Indonesian Money Market and Foreign Exchange Market
Supporting Business Activities Association (APUVINDO)
• Providing a place to store goods and securities;
• Conducting custodian activities for the interests of f. Significant Changes in CCB Indonesia
other parties based on a contract; In 2024, CCB Indonesia opened 1 (one) new office namely
• Purchasing collateral both in whole or in part through KCP Melinda III Hospital in Bandung. Until the end of 2024
auctions in the event that the debtor does not fulfil CCB Indonesia had a network of 73 offices, including the
his obligations to the Company provided that the Head Office.
collateral purchased must be disbursed as soon as
possible; In 2024 there was no change in the majority shareholder
• Conducting factoring, credit business and trustee and no significant change in the other shareholders.
activities;
• Conducting activities as a provider of pension funds 1 January 2024 31 December 2024
in accordance with applicable laws and regulations, Shareholders'
No Number of Number of
Name Percentage Percentage
both as the founder of the employer's pension fund Shares Shares
and as the founder and/or participant of the financial 1 China 22,751,563,707 60.00% 22,751,563,707 60.00%
institution pension fund; Construction
• Conducting venture capital in banks or other companies Bank
Corporation
in finance leasing, venture capital companies, securities
companies, insurance companies, clearing and guarantee 2 Johnny 2,631,113,705 6.94% 2,631,113,705 6.94%
Wiraatmadja
institutions as well as deposit and settlement institutions,
by fulfilling the provisions stipulated by the competent 3 UOB Kay 3,112,882,656 8.21% 3,112,882,656 8.21%
Hian Pte. Ltd.
authority;
• Conducting temporary venture capital activities to 4 Public 9,424,170,446 24.85% 9,424,170,446 24.85%
overcome non-performing loan, on condition that the Total Shares 37,919,730,514 100.00% 37,919,730,514 100.00%
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144 Opening Business and Functional Review Financial Review
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4. Explanation of Board of Directors Environmentally sound business Realization as of
activities category Dec 2024
Board of Directors of CCB Indonesia fully supports the (exclude MSMEs) (in million IDR)
implementation of Sustainable Finance for Financial Service Renewable energy 217,699
Institutions, Issuers, and Public Companies, in accordance Pollution Prevention and Control 1,267,891
with Financial Services Authority Regulation (POJK) No. 51/ Sustainable Water and Wastewater 157,914
POJK.03/2017, which is a comprehensive support from the Management
financial services sector to create sustainable economic Products that Use Less Resources and 466,753
growth by aligning economic, social and environmental Produce Less Pollution (Ecoefficient)
interests. Other Environmentally Sound 767,259
Business Activities
CCB Indonesia will consistently support government policies
by running programs with economic activities that support Loan disbursement to a number of green companies or
Indonesia's efforts and Sustainable Development Goals financing for environmentally sound business activities,
covering economic, environmental, and social aspects; within including:
the framework of sustainable financing to support the ▪ PT Perusahaan Listrik Negara (Persero), with specific
achievement of net zero emission (NZE) targets in Indonesia financing for green financing projects amounting to
until 2060. USD 150 million;
▪ PT Aruna Cahaya Pratama, engaged in the procurement,
CCB Indonesia is committed to preserving the environment installation and operation of solar panel systems
in the Company's daily operational activities by integrating (photovoltaic/PV) and/or solar power plants with a
environmental, social and governance aspects (environmental total capacity of up to 200MW, with total financing of
social governance / ESG) in a sustainable financial framework, IDR 400 billion;
including by maintaining clean environment around the ▪ PT Air Bersih Jakarta (ABJ), a company that supports
office, providing loans for environmentally sound business PAM Jaya in increasing the reach of clean water supply
activities, namely to parties who have social and environmental services throughout Jakarta. This financing is to build,
concerns (green companies), implement Sustainable Greening operate and maintain the new drinking water supply
Program, as well as financial literacy and inclusion programs. system Jatiluhur SPAM and Buaran SPAM, then distributed
The occurrence of climate change or extreme weather, which to customers throughout the Jakarta area, with a
recently hit the earth globally and caused various disasters, syndicated financing amount of IDR 700 billion;
such as long droughts, landslides. CCB Indonesia has participated ▪ PT Sarana Multi Infrastruktur (SMI), a catalyst agent
in Sustainable Greening Program on barren land that has company for Indonesian infrastructure development
been implemented for the past 10 (ten) years continuously which is directly supervised by the Minister of Finance.
through corporate social responsibility which aims to prevent CCB Indonesia collaborates with CCB Asia (Hong Kong)
erosion and avoid landslides. CCB Indonesia encourages loan to participate in a syndicated loan facility to provide
providers to give priority to environmentally sound business working capital facilities in line with CCB Indonesia's
with concern for social and environmental aspects (green commitment to infrastructure progress in Indonesia.
financing). This financing is provided to support PT SMI's
infrastructure development financing portfolio in
Achieving the performance of Sustainable Financial Action Indonesia, especially for projects in the 'green project'
during 2024, CCB Indonesia has implemented a number of and 'social project' categories, and there are KPIs and
initiative steps to encourage the implementation of Sustainable assessments carried out by third party sustainability
Financial Action, with the following description: consultants. Total financing from CCB Asia (Hong Kong)
(1) Realisation of loan extension for Environmentally Sound and CCB Indonesia for this project is USD 18 million;
Business Activities ▪ PT PP Semarang Demak (Persero), is engaged in the
Loan disbursement for Environmentally Sound Business toll road construction business, in this case financing
Activities (ESBA), namely to a number of companies with for environmentally sound transportation business
environmental insight and concern for social and environmental activities with total financing of IDR 400 billion;
aspects, as well as supporting environmentally sound programs ▪ PT Manha Daya Mandiri, engaged in mini hydro power
(green companies) during 2024. generation (renewable energy) with total financing of
IDR 30 billion;
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▪ PT Culletprima Setia, engaged in the manufacturing This greening program consists of:
sector of household equipment (plates, glasses, etc.) (i) planting superior seedlings of sapodilla, longan, petai,
using recycled glass/shard as raw material (pollution jackfruit and durian on village roads, fields and houses,
prevention and control), total financing of IDR 75 as well as hillsides/mountains, and the fruits can be
billion; used by the local community;
▪ PT Sarana Inti Pertiwi, engaged in the contractor business (ii) providing assistance programs to water the donated
for processing raw water in shopping centers (malls), plants. The implementation of this program has been
apartments, water dams, etc., total financing of IDR carried out since 2014 for a period of 10 (ten) years until
1.25 billion; as well as 2024, and this program will be continued to other villages
▪ Distributing loan to MSME sector which can be that are still barren in the Wonogiri Regency area.
categorized as environmentally sound business activities.
The implementation of a sustainable Greening program that
(2) Loan to Micro, Small and Medium Enterprises (MSME) previously carried out planting of longan, sapodilla, jackfruit
debtors and petai tree seedlings in Phases I – VII during 2014 - 2023.
The number of loans to the MSME sector as on 31 December The fruits from this planting can be utilized by the local
2024 was IDR 1,615 billion with the ratio of MSMEs to total community, which is expected to improve the economy of
loans of 6.89%. Based on the economic sector, the largest the surrounding community, while protecting the environment.
portion of the financing plan for MSMEs for each group is
as follows: During March – October 2024 CCB Indonesia helped watering
MSME Loans The Most Dominant Sharing of trees during the dry season around Sumberharjo and
Distribution Economic Sector Groups Sindukarto Villages, Eromoko District, Wonogiri Regency,
Micro Business Transportation and 4.72% Central Java. In the dry season in the Wonogiri area it is very
Loans Warehousing dry and the air temperature can reach up to 40 degrees
Small Business Wholesale & Retail 25.76% Celsius during the day, so the plants can wither if not assisted
Loans by intensive watering.
Medium Business Wholesale & Retail 69.52%
Loans In December 2024, CCB Indonesia continue this Sustainable
Greening Program which is entering Phase VIII of Tree Planting
(3) Realisation of the greening program in Central Java by coordinating the planting of 500 high-yielding durian
The Sustainable Greening Program that has been seedlings for the farming community in Karang tengah
implemented by CCB Indonesia since 2014 in a barren Village, Banyumas, Central Java.
and arid area in Wonogiri, Central Java, has been continued
where previously CCB Indonesia has planted seeds of (4) Socialization and Briefing of Sustainable Finance
sapodilla, longan, petai and jackfruit trees on farms Directions to units that carry out business functions for lending
belonging to farming communities, and slopes. - Hill give priority to businessmen who carry out their business by
slopes are prone to landslides in Sumberharjo Village and prioritizing and paying attention to environmental factors, as
Sindukarto Village, Eromoko District, Wonogiri Regency, well as having a positive impact on environmental preservation.
as part of humanitarian social activities. The fruits from
this planting can be used by the local community, which CCB Indonesia participates in providing banking education
is expected to improve the economy of the surrounding by helping small entrepreneurs by providing banking
community. education, in order to gain knowledge and financial literacy,
for the progress and success of their business. In providing
CCB Indonesia continues the Sustainable Greening Program, banking education, socialization of sustainable finance was
in 2024 it entered Phase VIII of Tree Planting by coordinating also carried out regarding the importance of environmental
the planting of 500 superior durian seedlings with Carbon and social care for small entrepreneurs in conducting business.
sequestration equivalent to 4.5 tons of CO2/year for the
farming community in Karang tengah Village, Banyumas, CCB Indonesia held a Financial Literacy event supported by
Purwokerto area, Central Java as part of Corporate Social the Head of OJK Banyumas for 428 students at Pondok Pesantren
Responsibility. Nurul Huda Banyumas, Central Java on 2 December 2024.
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146 Opening Business and Functional Review Financial Review
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(5) Development of digital banking service products ▪ Socialization of “Indonesian Taxonomy of Sustainable
CCB Indonesia consistently develops technology-based Finance (TKBI)” in an effort to achieve net zero
products and services through electronic channel-based emissions (NZE) and Sustainable Development Goals
applications, namely the development of internet banking (SDGs) by Financial Services Authority on 6 March
and mobile banking, and continues development that 2024 in Jakarta
leads to further digital banking. As is well known, in the ▪ Webinar Series “Setting Your Sail on the Indonesia
context of Sustainable Finance, the use of technology-based Carbon Trading Ecosystem Part I - Net Zero Megatrend:
products will save the resources used, such as paper A Business Perspective” by Indonesia Stock Exchange
(paperless), fuel (because there is no need for transportation). (IDX) and IDX Carbon on 14 March 2024 in Jakarta
During the pandemic, internet and mobile banking have ▪ Webinar “Scope 3 Emissions & GHG Verification” by
become very useful tools for customers to be able to carry Asosiasi Emiten Indonesia (AEI) and Global Reporting
out financial transactions from home. Initiative (“GRI”) on 26 March 2024 in Jakarta
▪ Focus Group Discussion (FGD) “Climate Risk Management
(6) Implementation of online and offline training and Scenario Analysis Guidance” by Financial Services
Employee training and enhancement programs became Authority, Prospera and Moody's Analytics on 28 March
a special concern in 2024, and are still being improved in 2024 in Jakarta
accordance with the requirements to support the Bank's ▪ Workshop“Global Sustainable Finance Landscape and ESG/
business development. During 2024, the Bank conducted Climate Data & Disclosures”by Financial Services Authority
286 training programs with a total of 7,098 participants. and Bloomberg Global Events on 23 April 2024 in Jakarta
Compared to 2023, 310 training programs were conducted ▪ Webinar “How to Prevent Greenwashing in Sustainable
with 8,567 participants. Training programs in 2024 were Finance” by Financial Services Authority Institute (OJK
conducted locally and overseas, online and offline, adapted Institute) and The London Institute of Banking and
to the needs at the time of activity implementation. In Finance on 16 May 2024 in Jakarta
2024, 59 employees were sent on overseas educational ▪ Training “IDX Net Zero Incubator Program - Module 1”
visits, which is higher compared to only 11 employees in by Indonesia Stock Exchange (IDX) and IDX Carbon on
2023. 1 August 2024 in Jakarta
▪ Online Training “IDX Net Zero Incubator Program -
Education and training programs held throughout 2024 Module 2” by Indonesia Stock Exchange (IDX) and IDX
with materials covering technical skills and soft skills Carbon on 20-21 August 2024 in Jakarta
including: Training and introduction to new banking ▪ Workshop “Sustainable Finance Taxonomy” by the
systems or applications, Risk Management Certification, Financial Services Authority and Bloomberg Global
Payment Systems, credit analysis, Bank Operations / Events on 22 August 2024 in Jakarta
Standard Operating Procedures (SOP), selling skill training, ▪ Online Training “IDX Net Zero Incubator Program -
AML CFT Training, Compliance field, Induction Program, Module 3” by Indonesia Stock Exchange (IDX) and IDX
Product Knowledge, Training related to personal data Carbon on 10 – 11 September 2024 in Jakarta
protection, Training related to Cyber Security, Digital
Banking, project management, as well as various other The performance of sustainable finance actions during
Seminars and Workshops. 2024 in general has been in accordance with the plan,
although CCB Indonesia has not set specific targets for
(7) Training/workshops related to understanding Sustainable achievement. The challenges faced include the need to
Finance continuously improve knowledge and competence for
A number of officers and Directors participated in a number human capital according to their respective functions at
of trainings/workshops related to the understanding of CCB Indonesia regarding the implementation of sustainable
Sustainable Finance, including Environmental, Social, and financial governance, and knowledge regarding the provision
Governance (ESG) during 2024 as follows: of banking products and services that are environmentally
▪ Seminar “Understanding The Intersection of ESG and sound and in accordance with the principles of sustainable
Cyber Security” by Indonesia Corporate Secretary finance. In addition, efforts are needed to integrate the
Association (ICSA) and Hukumonline on 6 February implementation of sustainable governance with existing
2024 in Jakarta functions within the organizational structure.
▪ Seminar “Capacity Development for Greenhouse Gas
Emission Calculation Scope 1&2” by Financial Services In carrying out its activities, CCB Indonesia always prioritizes
Authority on 29 February 2024 in Jakarta compliance with applicable regulations and also pays
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attention to risk management from every step of the As a framework that can provide guidance for each organizational
initiative to encourage the implementation of the unit of the Bank so that in acting, they adhere to the principles
Sustainable Finance Actions described above. of Good Corporate Governance, the Bank has prepared General
Policies and Guidelines for the Implementation of Good Corporate
With a loan growth target of 15.21% in 2025, there are Governance, and has been approved by the Board of
still great opportunities and potentials to increase lending Commissioners and Board of Directors.
to parties or business actors who are environmentally
sound (green companies). CCB Indonesia will continue CCB Indonesia applies GCG principles through three aspects
to encourage credit providers to give more priority to of the implementation of Governance, namely Governance
business players who carry out their business with concern Structure, Governance Process, and Governance Outcome.
for social and environmental aspects. - Governance structure, which includes the adequacy of the
GCG structure and infrastructure, which aims to ensure
5. Sustainability Governance that the process of implementing Good Governance
principles produces outcomes that are in line with the
As a responsible public company, CCB Indonesia is committed expectations of stakeholders.
to ensuring that the Bank's operations are always concerned - Governance process, includes structured and systematic
with the environment, social and based on good governance. procedures and mechanisms to produce policy outcomes
The broad and comprehensive implementation of Good that meet the principles of Governance.
Corporate Governance will contribute to profitability, added - Governance Outcomes, including efforts to evaluate
value for stakeholders, and long-term business growth governance performance in line with the challenges and
sustainability for CCB Indonesia as a public company. long-term sustainability of the Bank's business and
stakeholder expectations.
CCB Indonesia always strives to improve sustainability governance,
while maintaining the fulfilment of the principles of Good The Bank is committed to implementing good corporate
Corporate Governance in every business activity at all levels of governance at all levels or levels of the organization. This
the organization is an important factor to gain the trust of commitment is made in an effort to improve the financial and
stakeholders, including: shareholders/investors, customers, non-financial performance of the Bank and gain the trust of
banks correspondents, government/regulators, employees, investors and shareholders.
suppliers and the community in the CCB Indonesia work
environment with concern for social and environmental aspects. The form of GCG implementation is stated in the Vision, Mission,
Core Values, Code of Ethics, Core Company Policies and best
CCB Indonesia believes that the implementation of Good practices in Corporate Governance, Charter and Work Guidelines
Corporate Governance (GCG) is an important component to to the Whistleblowing System.
improve the Bank's performance in a sustainable manner and
ensure stakeholder protection and ensure compliance with The three main pillars in the governance of CCB Indonesia are
applicable laws and regulations. Therefore, the Bank ensures the General Meeting of Shareholders (GMS), the Board of
and supervises that the principles of GCG have been implemented Commissioners, and the Board of Directors. The GMS is the
properly in every business activity and in all parts of the highest entity in the form of a forum for shareholders to make
organization. decisions and oversee the overall performance of the Bank.
In implementing Good Corporate Governance, CCB Indonesia Under the GMS there is a Board of Commissioners which holds
builds a corporate culture by applying the principles of corporate the supervisory and advisory functions. The Board of
governance, namely transparency, accountability, responsibility, Commissioners is responsible for ensuring that all business
independence and fairness. These five principles are always activities under the coordination of the Board of Directors are
applied in the Bank's business activities and day-to-day operations carried out in accordance with the regulations and objectives
at all levels of the organization. of the Bank. To carry out its functions, the Board of Commissioners
is supported by the Audit Committee, the Risk Monitoring
Improving the quality of the implementation of Good Corporate Committee, and the Nomination and Remuneration Committee.
Governance is one of the efforts to improve bank performance, The Board of Commissioners carries out their duties and
protect the interests of stakeholders and improve compliance responsibilities in making decisions independently.
with laws and regulations and ethical values (code of conduct)
that generally apply to the banking industry.
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Board of Directors is an organ that has a representative and The Board of Directors is responsible for the preparation
managerial mandate. The Board of Directors plays a major role and implementation of the Sustainable Finance Action
in the Bank's day-to-day operations, as well as being responsible Plan, to be forwarded to the next layer of organizational
for ensuring that the Bank's strategies and initiatives, both short structure. Corporate Secretary assists the Board of Directors
term and long term, are implemented properly. In carrying out in the preparation of the Sustainable Finance Action Plan
its responsibilities, the Board of Directors is assisted by the which is submitted together with the Bank's Business Plan
committees under it, including the Credit Committee, Credit to the Financial Services Authority after obtaining approval
Policy Committee, Risk Management Committee, Asset & from the Board of Commissioners. The head office
Liabilities Management Committee (ALCO), and the IT Steering management provides direction to units that carry out
Committee. In addition to the above committees, the work of business functions for lending, giving priority to business
the Board of Directors is also assisted by work units, including actors who carry out their business by prioritizing and
the Internal Audit Division, Risk Management Division, Compliance paying attention to environmental factors, as well as
Division and Anti-Fraud Unit. All organs, committees, and work having a positive impact on environmental preservation.
units work in accordance with the agreed division of tasks and
responsibilities, with a good internal control system. b Competency Development Related to Sustainable
Finance
CCB Indonesia always has and allocates part of its funds as social CCB Indonesia is fully aware of the importance of continuously
and environmental responsibility funds to support activities in increasing knowledge and competence for human capital
implementing sustainable finance as well as implementing according to their respective functions at CCB Indonesia
business practices and investment strategies by paying attention regarding the implementation of sustainable financial
to, implementing and integrating environmental, social and governance, and knowledge regarding the provision of
governance values in supporting at least: banking products and services that are environmentally
1) sustainable business ecosystem; sound and in accordance with the principles of sustainable
2) product development; finance.
3) transaction;
4) sustainable activity financing services and transition financing; During 2024, the Bank conducted 286 training programs
5) development of sustainable financial programs and with a total of 7,098 participants. Compared to 2023, 310
implementation of bank operational activities that are training programs were conducted with 8,567 participants.
environmentally friendly; and Training programs in 2024 were conducted locally and
6) social and community empowerment, in implementing overseas, online and offline, adapted to the needs at the
sustainable finance. time of activity implementation. In 2024, 59 employees
were sent on overseas educational visits, which is higher
a Person in Charge of Sustainable Finance compared to only 11 employees in 2023. The Bank has
Implementation consistently conducted training programs and increased
Responsible for the Implementation of Sustainable Finance employee competence, both carried out inside and outside
at CCB Indonesia at the highest governance organs in the of the bank.
Company, namely the Board of Commissioners and Directors,
then continued by management at the head office, Division In the context of developing competencies related to
Heads and Regional Heads, to the entire CCB Indonesia sustainable finance, as explained in the previous section, a
branch office network. number of officers and Directors participated in a number
of trainings/workshops related to the understanding of
Responsibilities of the Board of Commissioners related to Sustainable Finance, including Environmental, Social, and
the implementation of sustainability aspects and sustainable Governance (ESG) during 2024 as follows:
finance principles, including to approve the Sustainable ▪ Seminar “Understanding The Intersection of ESG and
Finance Action Plan prepared by the Board of Directors Cyber Security” by Indonesia Corporate Secretary
and is part of the Bank's Business Plan to be submitted to Association (ICSA) and Hukumonline on 6 February
the Financial Services Authority. 2024 in Jakarta
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▪ Seminar “Capacity Development for Greenhouse Gas established a Risk Management Committee and a Risk
Emission Calculation Scope 1&2” by Financial Services Management Division in charge of establishing Risk Management
Authority on 29 February 2024 in Jakarta Policies to deal with risks that arise, improve and enhance the
▪ Socialization of “Indonesian Taxonomy of Sustainable implementation of Risk Management.
Finance (TKBI)” in an effort to achieve net zero emissions
(NZE) and Sustainable Development Goals (SDGs) by The organizational structure has been fulfilled by filling all
Financial Services Authority on 6 March 2024 in Jakarta positions with definitive officials. The Board of Commissioners
▪ Webinar Series “Setting Your Sail on the Indonesia and the Board of Directors have carried out their duties
Carbon Trading Ecosystem Part I - Net Zero Megatrend: and responsibilities related to the implementation of risk
A Business Perspective” by Indonesia Stock Exchange management. This risk management involves all levels of
(IDX) and IDX Carbon on 14 March 2024 in Jakarta the Board of Directors, executive officers, and all employees,
▪ Webinar “Scope 3 Emissions & GHG Verification” by as well as with the supervisory function by the Board of
Asosiasi Emiten Indonesia (AEI) and Global Reporting Commissioners.
Initiative (“GRI”) on 26 March 2024 in Jakarta
▪ Focus Group Discussion (FGD) “Climate Risk Management The organizational apparatus, along with the Committees
and Scenario Analysis Guidance” by Financial Services that assist the implementation of the duties of the
Authority, Prospera and Moody's Analytics on 28 March Commissioners and Directors, coordinate with each other
2024 in Jakarta in supporting the implementation of risk management
▪ Workshop “Global Sustainable Finance Landscape and and internal control.
ESG/Climate Data & Disclosures” by Financial Services
Authority and Bloomberg Global Events on 23 April The Board of Directors ensures that all material risks and
2024 in Jakarta impacts caused by these risks have been followed up and
▪ Webinar “How to Prevent Greenwashing in Sustainable submits an accountability report to the Board of
Finance” by Financial Services Authority Institute (OJK Commissioners.
Institute) and The London Institute of Banking and
Finance on 16 May 2024 in Jakarta The Board of Directors has monitored risk management
▪ Training “IDX Net Zero Incubator Program - Module 1” policies and strategies through discussions at various
by Indonesia Stock Exchange (IDX) and IDX Carbon on committee meetings. The Bank has improved the Quality
1 August 2024 in Jakarta of Risk Management which is reflected in the Bank's Risk
▪ Online Training “IDX Net Zero Incubator Program - Profile which is maintained properly.
Module 2” by Indonesia Stock Exchange (IDX) and IDX
Carbon on 20-21 August 2024 in Jakarta As a manifestation of the Bank's commitment to the
▪ Workshop “Sustainable Finance Taxonomy” by the implementation of good corporate governance and the
Financial Services Authority and Bloomberg Global implementation of risk management in sound and prudent
Events on 22 August 2024 in Jakarta banking business practices, CCB Indonesia performs a
▪ Online Training “IDX Net Zero Incubator Program - comprehensive supervisory function that is independent
Module 3” by Indonesia Stock Exchange (IDX) and IDX and objective. In principle, the implementation of the
Carbon on 10 – 11 September 2024 in Jakarta internal control system is carried out through an inherent
control mechanism in each line and task force, among
c Risk Assessment on the Implementation of others in the form of direct supervision by superiors to
Sustainable Finance subordinates, compliance with standard work procedures
In managing the risk of implementing sustainable finance, the and other internal control mechanisms.
Bank has an adequate organizational structure to support the
implementation of risk management and good internal control, d Stakeholders Relation
among others by establishing the Internal Audit Division, Risk CCB Indonesia always strives to maintain the trust of stakeholders,
Management Division, Risk Management Committee, Risk which is the main value for the Bank, in order to continuously
Monitoring Committee, and Compliance Division. CCB Indonesia improve performance, ensure business continuity, and carry
has implemented a risk management policy that aims to ensure out its roles and responsibilities as an intermediary institution
that risks arising in its business activities can be identified, to support the national economy. CCB Indonesia is committed
measured, monitored, managed and reported which in turn to always prioritizing the implementation of good corporate
can provide benefits in the form of increasing the trust of governance practices in all of its operational activities with
shareholders and the public. To achieve this goal, the Bank has prudential principles.
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CCB Indonesia always strives to improve sustainability 6. Sustainability Performance
governance, while maintaining the fulfilment of the principles
of Good Corporate Governance in every business activity at a. Activities to Build the Culture of Sustainability
all levels or levels of the organization is an important factor to CCB Indonesia seeks to build awareness for all employees
gain the trust of stakeholders, including: shareholders / investors, of the importance of implementing sustainable finance, by
customers, correspondent banks, government/regulators, providing direction through branch managers to reach all
employees, suppliers and the community in the CCB Indonesia offices and heads of work units at the head office, so that
work environment with concern for social and environmental they can pass it on to all staff under their coordination, in
aspects. carrying out all operational and business activities. by
emphasizing concern for social and environmental aspects.
CCB Indonesia believes that the implementation of Good Directions to units that carry out business functions for
Corporate Governance is an important component to improve lending give priority to business actors who carry out their
the Bank's performance in a sustainable manner and ensure business by prioritizing and paying attention to environmental
stakeholder protection and ensure compliance with applicable factors, as well as having a positive impact on environmental
laws and regulations. Therefore, the Bank ensures and supervises preservation. CCB Indonesia's mission has been adapted to
that the Good Corporate principles have been implemented accommodate the Sustainable Finance program which in
properly in every business activity and in all parts of the its Mission contains an element of social and environmental
organization. responsibility.
e Challenges to the Implementation of Sustainable Mission of CCB Indonesia
Finance “Provide better products and services for customers, create
In carrying out all its business activities in all lines, CCB Indonesia higher value for shareholders, build a broader career path
is committed to always implementing good corporate for associates, and implement social and environmental
governance. The application of the principles of sustainable responsibility as a good corporate citizen”
finance in sustainable governance is CCB Indonesia's
commitment in running its business by paying attention to CCB Indonesia has adjusted the General Credit Policy and
environmental, social, and environmental social governance Guidelines specifically in Sub Chapter III.18 which is used
(ESG) aspects. as a reference/reference/guideline for all credit-related
parties as follows:
The challenges faced by CCB Indonesia in implementing
sustainable governance that still need to be considered are III.18. Financing Related to the Implementation of
the need to continuously increase knowledge and competence Sustainable Finance
for human capital according to their respective functions at III.18.1. Definition
CCB Indonesia regarding the implementation of sustainable a. Sustainable Finance is a comprehensive
financial governance, and knowledge regarding the provision support from the financial services
of banking products and services, environmentally sound and sector to create sustainable economic
in accordance with the principles of sustainable finance growth by aligning economic, social
(internal capacity building). In addition, efforts are needed to and environmental interests.
integrate the implementation of sustainable governance with b. The environment is the unity of space
existing functions within the organizational structure. with all objects, forces, conditions and
living things, including humans and
In carrying out its activities, CCB Indonesia always prioritizes their behaviour, which affect nature
compliance with applicable regulations and also pays attention itself, the continuity of life and the
to risk management from every step of the initiative to encourage welfare of humans and other living
awareness of the importance of environmental, social and creatures.
governance sustainability. c. Sustainable Financial Products and/
or Services are financial products
A full description of governance and risk management can and/or services that integrate
be seen in the Good Corporate Governance Chapter economic, social and environmental
(on page 166). aspects, as well as governance in
their features.
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III.18.2. Financing/granting credit based on the viii. Climate change adaptation activities
type of use of credit can be distinguished such as abrasion-resistant houses,
as follows: high-yielding varieties, forest fire
a. Retail banking financing/crediting: tools, coral reef conservation,
i. Environmentally sound housing mangrove conservation.
financing; ix. Product procurement activities
ii. Financing for car ownership of the that can reduce the use of resources
type of Low Cost Green Car (LCGC), and produce less pollution (eco-
Hybrid type car, Electric car. efficient).
b. Working Capital and Investment x. Environmentally sound buildings
Financing: that meet nationally, regionally or
The financing business activities of internationally recognized
CCB Indonesia which are categorized standards or certifications.
in the sustainable finance portfolio xi. Other business activities that are
are 11 Environmentally Sound Business environmentally sound other than
Activities (KUBL) + 1 Micro, Small and the 10 (ten) business activities
Medium Enterprises (MSMEs), with above.
the following details: xii. All financing for MSME activities.
i. Renewable energy business
activities such as power plants: III.18.3. Social and Environmental Risk Management
water/ solar/ wind/ geothermal/ in the process of granting loan at CCB
biomass, and others. Indonesia
ii. Energy efficiency business activities
such as environmentally sound Risk
development projects, energy Step Loan Process Management Tools
Process
storage, district heating, smart grids,
LED lighting, building renovations 1 Loan Identification Debtor form and
application activity list related to
with the concept of Excellence in
social and
Design for Greater Efficiency (EDGE). environmental risks
iii. Pollution prevention and control
2 Loan analysis Measurement Industry sub-sector
business activities such as factory guideline,
waste treatment, industrial environmental
recycling, air emission reduction, overview sheet, site
greenhouse gas control, soil visit questions list
remediation, waste reconditioning, 3 Loan Control Environmental
and environmental monitoring Disbursement Covenant
Decision
analysis.
iv. Activities for managing biological 4 Disbursement Monitoring S o c i a l and
and Post Loan and reporting environmental risk
natural resources (SDA) and
Monitoring report in post loan
sustainable land use. monitoring report
v. Land and water biodiversity
conservation business activities.
vi. E n v i r o n m e n t a l l y s o u n d III.18.4. Conditions for granting credit related to
transportation business activities the Integration of Environment and Social
such as Mass Rapid Transportation Risk Management (ESRM)
(MRT), Light Rail Transit (LRT), Bus a. Availability of document regarding
Rapid Transit (BRT), electric trains, the environmental impact analysis
toll roads, airports, stations, (AMDAL).
terminals with solar power. b. If the (prospective) debtor has been
vii. Sustainable water and wastewater included in the company's
management activities such as environmental performance rating
wastewater installations (WWTP), program (PROPER) from the Ministry
water recycling installations, of Environment (KLH), only gold, green
integrated water resource and blue ratings are recommended.
management.
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c. For (prospective) mining debtors, it is ▪ PT Perusahaan Listrik Negara (Persero), with specific
required to carry out rehabilitation financing for green financing projects amounting
and conservation on ex-mining land. to USD 150 million;
d. For (prospective) debtors who manage ▪ PT Aruna Cahaya Pratama, engaged in the
palm oil, if they are included in the procurement, installation and operation of solar
corporate segment, they are required panel systems (photovoltaic/PV) and/or solar power
to have an RSPO (Roundtable plants with a total capacity of up to 200MW, with
Sustainable Palm Oil) certificate. total financing of IDR 400 billion;
▪ PT Air Bersih Jakarta (ABJ), a company that supports
Financing/granting credit related to the implementation PAM Jaya in increasing the reach of clean water
of sustainable finance implementation in each business supply services throughout Jakarta. This financing
segment will be regulated in more detail in the respective is to build, operate and maintain the new drinking
Guidelines and/or SOPs for each credit segment, and also water supply system Jatiluhur SPAM and Buaran
regulated in the Guidelines/SOPs that are relevant/related SPAM, then distributed to customers throughout
to the implementation of sustainable finance. the Jakarta area, with a syndicated financing amount
of IDR 700 billion;
b. Economic Performance ▪ PT Sarana Multi Infrastruktur (SMI), a catalyst
1) Comparison of targets and performance, portfolio, agent company for Indonesian infrastructure
financing targets, income and profit and loss development which is directly supervised by the
Complete information on targets and performance, Minister of Finance. CCB Indonesia collaborates
portfolio, financing targets, income and profit and loss with CCB Asia (Hong Kong) to participate in a
can be seen in Financial Review: Management Discussion syndicated loan facility to provide working capital
and Analysis (on page 110). facilities in line with CCB Indonesia's commitment
2) Comparison of targets and performance of portfolios, to infrastructure progress in Indonesia. This
financing targets, or projects that are in line with the financing is provided to support PT SMI's
implementation of Sustainable Finance. infrastructure development financing portfolio
In the preparation of the 2024 Sustainable Finance in Indonesia, especially for projects in the 'green
Action Plan, the financing target for environmentally project' and 'social project' categories, and there
sound business activities has not yet been determined. are KPIs and assessments carried out by third
party sustainability consultants. Total financing
The following is the realization of financing for from CCB Asia (Hong Kong) and CCB Indonesia
environmentally sound business activities (KUBL) for this project is USD 18 million;
▪ PT. PP Semarang Demak (Persero), is engaged in
Environmentally sound business Realization as of the toll road construction business, in this case
activities category Dec 2024 financing for environmentally sound transportation
(exclude MSMEs) (in millions of IDR)
business activities with total financing of IDR 400
Renewable energy 217,699 billion;
Pollution Prevention and Control 1,267,891 ▪ PT Manha Daya Mandiri, engaged in mini hydro
Sustainable Water and 157,914 power generation (renewable energy) with total
Wastewater Management financing of IDR 30 billion;
Products that Use Less Resources 466,753 ▪ PT Culletprima Setia, engaged in the manufacturing
and Produce Less Pollution sector of household equipment (plates, glasses,
(Ecoefficient) etc.) using recycled glass/shard as raw material
Other Environmentally Sound 767,259 (pollution prevention and control), total financing
Business Activities of IDR 75 billion;
▪ PT Sarana Inti Pertiwi, engaged in the contractor
During 2024, loan disbursement for environmentally sound business for processing raw water in shopping
business activities, namely to a number of companies that centers (malls), apartments, water dams, etc., total
have concern and support for the environment (green financing of IDR 1.25 billion; as well as
companies), which have been realized include:
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▪ The number of loans to the MSME sector which can 2) Material Aspect
be categorized as environmentally sound business - Use of Environmentally Sound Materials
activities. Total loans disbursed to the MSME sector CCB Indonesia always strives to reduce the use of
as of 31 December 2024 amounted to IDR 1,615 billion. resources including printed materials and
photocopies, both for the needs of daily banking
To support financing of green development projects operations, as well as for the needs of customers
(which pay attention to the environment), the Bank also in financial transactions at the bank.
encourages customers engaged in the oil palm plantation
and mining business sectors to comply with environmental Over the past 5 (five) years, Printing Costs have
regulations. Palm oil debtors are expected to have shown a decreasing trend from IDR 876 million (in
Indonesian Sustainable Palm Oil (ISPO) or Roundtable 2020), to IDR 543 million (in 2021), IDR 579 million
Sustainable Palm Oil certification (RSPO). (in 2022), IDR 495 million (in 2023), then in 2024 it
was relatively flat at IDR 495 million.
In addition, the Bank is also gradually developing an inclusive
sustainable Priority Economic Sector by increasing funding In million IDR
activities, especially in the industrial, energy, agriculture (in Cost 2024 2023 2022 2021 2020
a broad sense), infrastructure and MSME sectors by balancing
economic, environmental and social aspects. Printing 495 495 580 543 877
c. Environmental Performance 3) Energy Aspect
1) General Aspect - Amount and Intensity of Energy Used
- Environmental Cost CCB Indonesia is engaged in the banking sector in
The implementation of a Sustainable Greening Program the use of energy, especially fuel, namely for
that previously carried out planting of longan, sapodilla, transportation purposes for bank operations, which
jackfruit and petai tree seedlings in Phases I – VII during consists of 73 offices owned throughout Indonesia.
2014 - 2023. The fruits from this planting can be utilized
by the local community, which is expected to improve CCB Indonesia always strives to reduce the use
the economy of the surrounding community, while of fuel resources in bank activities, including:
protecting the environment. meetings and discussions using teleconference
media, as well as organizing virtual training
During March – October 2024 CCB Indonesia helped (e-training), to holding the General Meeting of
watering trees during the dry season around Sumberharjo Shareholders electronically. In addition, CCB
and Sindukarto Villages, Eromoko District, Wonogiri Indonesia also encourages customers to make
Regency, Central Java. In the dry season in the Wonogiri financial transactions using digital banking, so
area it is very dry and the air temperature can reach up that customers do not need to come to the
to 40 degrees Celsius during the day, so the plants can bank and reduce the use of transportation.
wither if not assisted by intensive watering.
Water Electricity and Gas costs have generally
In December 2024, CCB Indonesia continue this shown a downward trend over time in the last 5
Sustainable Greening Program which is entering (five) years: IDR 2.21 billion (2020) to IDR 2.17 billion
Phase VIII of Tree Planting by coordinating the (2021), IDR 5.97 billion (2022) to IDR 5.62 billion
planting of 500 superior durian seedlings for the (2023), and decreasing again to IDR 5.57 billion
farming community in Karang tengah Village, (2024).
Banyumas, Central Java, with Carbon sequestration
equivalent to 4.5 tons of CO2/year. In billion IDR
Cost 2024 2023 2022 2021 2020
During 2024, the greening costs incurred by CCB
Indonesia amounted to IDR 295,845,000 which was Water 5.57 5.62 5.97 2.17 2.21
Electricity
used to plant 500 durian tree seedlings in Banyumas, and Gas
and the cost of watering the previous batch of
seedlings during the dry season in Wonogiri.
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Fuel costs in the last 5 (five) years generally still Every product launched by CCB Indonesia is directed to
show a fluctuating trend, however in 2024 fuel provide maximum benefits and benefits to customers.
usage decreased compared to 2023. CCB Indonesia through frontliners ensures that customers
can understand the advantages of CCB Indonesia products,
Cost 2024 2023 2022* 2021 2020
according to their needs.
Fuel 2,839 3,204 2,928 2,169 2,211 Transparency of CCB Indonesia products includes all
(million
IDR)
information regarding products, including product benefits
and uses, terms and conditions, rights and obligations of
Petrol (liter) 283,876 320,354 292,840 277,802 283,227
each party, when the agreement ends and how it is
* For the record, there was an increase in fuel prices by the resolved, information on administrative fees charged,
government on 3 September 2022, specifically the price of
Pertalite rose by around 30.72%. including the risks. Information is conveyed to the public
through promotional media such as brochures, leaflets,
websites, and bulletin boards throughout the CCB Indonesia
Transportation costs have shown a declining trend office network.
in the last 5 (five) years, namely IDR 149 million
(2020), IDR 144 million (2021), IDR 129 million (2022), Each CCB Indonesia office provides a special unit / officer
to IDR 119 million (2023), but increased in 2024 to to handle complaints from customers, so that problems
IDR 136 million. with customers can be immediately followed up with a
target completion time according to the provisions of the
- Efforts and Achievements of Energy Efficiency and Financial Services Authority.
Use of Renewable Energy
CCB Indonesia always strives for energy efficiency 2) Employment Aspect
of the resources used, including encouraging the CCB Indonesia places employees, called CCB Indonesia's
use of refillable tumblers (drink bottles / mineral human capital, as the Company's capital. The sustainability
water) to reduce the use of mineral water in plastic of the Company is highly dependent on the management
bottles; also encourages efficiency in electricity of human resources that are reliable and able to create work
consumption by providing instructions to turn off comfort for employees. CCB Indonesia's human capital has
lights, computers and others when leaving the received attention from companies, such as in terms of
room. providing remuneration, increasing competence and
professionalism through training, creating a comfortable
4) Water Aspect workplace, health insurance coverage for employees and
- Water usage their dependents, respecting and protecting human rights,
CCB Indonesia in an effort to save energy resources and recognizing diversity, equality, and equal opportunities
is carried out, among other things, by encouraging regardless of race, ethnicity, religion and gender.
the use of bottled drinks (refill) for each employee
to reduce the use of bottled water. - Equal Employment Opportunity
The Bank is committed to always providing a decent
d. Social Performance and safe work environment for employees without
1) Commitment to provide services for equal products discrimination. So far, there have been no complaints
and services to consumers from employees related to discrimination cases because
In order to maintain public trust and consumer the Bank believes that transparent equal employment
protection, CCB Indonesia always pays attention to opportunities will increase the sense of comfort and
creating a sense of security for its customers. CCB security for employees thereby increasing productivity.
Indonesia's products and services are in accordance
with applicable regulations, standards and best - Child Labor and Forced Labor
practices. CCB Indonesia is committed to upholding equal
employment opportunities and not employing
forced labor and child labor.
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- Regional Minimum Wage 2024 Training programs in 2024 were conducted locally
Percentage of remuneration for permanent and overseas, online and offline, adapted to the
employees at the lowest level to the UMP (Provincial needs at the time of activity implementation. In
Minimum Wage) and UMK (Regency or City 2024, 59 employees were sent on overseas
Minimum Wage) educational visits, which is higher compared to
only 11 employees in 2023.
Regency or City
Number
Minimum Wage The Bank has consistently conducted training
Region of
Remuneration
Employees programs and increased employee competence,
Presentation 2024
both carried out inside and outside of the Bank.
Jakarta 50 100.20%
The number of participants in education and
Bogor 6 100.51%
training programs during 2024 and 2023 are as
Semarang 4 100.31%
follows:
Bandung 4 104.35%
Solo 1 119.87%
Types of Education and Total Participants
Tangerang 1 100.21%
Training 2024 2023
Surabaya 3 100.21%
Tanjung Pinang 2 100.29% • Internal Education 6,758 8,290
• External Education 340 277
Batam 6 100.21%
Total 7,098 8,567
Sukabumi 2 100.30%
Malang 1 100.30%
NTB/Mataram 2 105.75% Education and training programs held throughout
Tangerang Selatan 1 100.21% 2024 with materials covering technical skills and
83 soft skills including: Training and introduction
to new banking systems or applications, Risk
- Decent and Safe Working Environment Management Certification, Payment Systems,
CCB Indonesia is committed to preserving the credit analysis, Bank Operations/Standard
environment in the company's daily operational Operating Procedures (SOP), selling skill training,
activities/activities, including by keeping the AML CFT Training, Compliance field, Induction
environment around the office clean. Program, Product Knowledge, Training related
to personal data protection, Training related to
In creating a comfortable working environment, CCB Cyber Security, Digital Banking, project
Indonesia fulfils employee rights by providing a decent management, as well as various other Seminars
and safe working environment for all employees. CCB and Workshops.
Indonesia believes that respect for diversity and equal
opportunities can create a comfortable and safe work 3) Community Aspect
atmosphere thereby increasing employee productivity - Impact of Operations on Surrounding Communities
and engagement. This cannot be separated from the Including Financial Literacy and Inclusion
facilities, infrastructure and work procedures that have The educational program strategy of CCB Indonesia
been prepared. CCB Indonesia's commitment to is directed at school-age children, so that they
diversity and equal opportunities throughout 2024. can acquire general financial/banking knowledge
early, and later produce people who are financially
- Employee Training and Capability Development literate and able to manage finances intelligently.
Employee training and enhancement programs This educational program is carried out by visiting
became a special concern in 2024, and are still schools by providing basic banking knowledge,
being improved in accordance with the in particular encouraging children to be diligent
requirements to support the Bank's business in saving. The provision of education for
development. During 2024, the Bank conducted elementary school children is more towards
286 training programs with a total of 7,098 audio-visual and simple demonstrations that
participants. Compared to 2023, 310 training make it easier to understand and receive financial
programs were conducted with 8,567 participants. knowledge.
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CCB Indonesia also participates in providing banking - Public Complaint
education by helping small entrepreneurs by CCB Indonesia already has a General Policy and
providing banking education, in order to gain Guidelines for Customer Protection as well as Standard
knowledge and financial literacy, for the progress Operating Procedures for Service and Settlement of
and success of their business. In providing banking Customer Complaints. The Bank is transparent about
education, socialization of sustainable finance was the procedures for customer complaints and dispute
also carried out regarding the importance of resolution to customers in accordance with the
environmental and social care for small entrepreneurs provisions of the Financial Services Authority and Bank
in conducting business. Indonesia, and establishes a unit/function for Handling
and Settlement of Customer Complaints.
CCB Indonesia held a Financial Literacy event
supported by the Head of OJK Banyumas for 428 Every customer complaint received is handled and
students at Pondok Pesantren Nurul Huda Banyumas, resolved within a period of time in accordance with
Central Java on 2 December 2024. applicable regulations. Mediation in the context of
resolving Bank customer complaints is carried out properly.
CCB Indonesia participates in supporting inclusion Reports on the handling and settlement of customer
programs, to increase public access to financial complaints are reported to the Financial Services Authority
institutions, products and services; improve the and Bank Indonesia on a quarterly basis.
provision of financial products and/or services in
accordance with the needs and capabilities of the Information regarding the handling of complaints
community; and quality of financial products and/ based on the type of financial transaction during 2024,
or services. as follows:
Completed On Process Incomplete Number of
No Types of Financial Transactions Complaints
Total Percentage Total Percentage Total Percentage Total
1 ATM/Debit Card 133 74.30% 1 0.56% - - 134
2 Time Deposit 1 0.56% - - - - 1
3 Electronic Banking 34 18.99% 1 0.56% - - 35
4 Clearing 1 0.56% - - - - 1
5 Credit 7 3.91% - - - - 7
6 Safe Deposit Box 1 0.56% - - - - 1
Total 177 98.88% 2 1.12% - - 179
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Environmental Social Responsibility Activities
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The Sustainable Development Goals (SDGs) in general are as and its impacts, as well as SDGs No. 15 namely protecting,
follows: restoring and supporting sustainable use of terrestrial
• Our planet earth faces enormous economic, social and ecosystems, managing forests sustainably, combating
environmental challenges. desertification, and preventing and reversing land
• To address this, the SDGs define global priorities and degradation and halting biodiversity loss.
aspirations for 2030. They represent an unprecedented 3. Providing needs for people affected by natural disasters.
opportunity to eliminate extreme poverty and put the Included in the Sustainable Development Goals / SDGs
world on a sustainable path. No. 3 is to ensure healthy lives and promote well-being for
• Governments around the world including the Government all.
of Indonesia have agreed to these goals. 4. Increasing the understanding of the small community towards
• The Sustainable Development Goals (SDGs) define global banking, to encourage the creation of an independent
sustainable development priorities and aspirations for 2030 society. Included in the Sustainable Development Goals /
and seek to mobilize global efforts around a common set SDGs No. 4, namely to ensure inclusive and equitable quality
of goals and objectives. The SDGs call for worldwide action education, while also supporting learning opportunities for
among governments, business and civil society to end all.
poverty and create lives of dignity and opportunity for all,
within the boundaries of the planet. CCB Indonesia continues the Sustainable Greening Program
(including SDGs No. 13 and SDGs No. 15), in 2024 is
CCB Indonesia as a Financial Services Institution engaged in entering Phase VIII of Tree Planting by coordinating the
banking, also has social and environmental responsibilities. planting of 500 superior durian seedlings for farming
communities in Karang Tengah Village, Banyumas, Purwokerto
As a form of social responsibility and concern for others, the area, Central Java as part of its Corporate Social Responsibility
community and the surrounding environment, CCB Indonesia activities. The implementation of a sustainable Greening
regularly holds various humanitarian social activities. program that previously carried out planting of longan,
sapodilla, jackfruit and petai tree seedlings in Phases I – VII
CCB Indonesia always strives to provide benefits to the community during 2014 - 2023. The fruits from this planting can be
as part of its Social Responsibility. As a form of social responsibility utilized by the local community, which is expected to
and concern for others, the community and the surrounding improve the economy of the surrounding community,
environment, CCB Indonesia regularly holds various humanitarian while protecting the environment.
social activities. CCB Indonesia is committed to participating
in sustainable economic development in order to improve the The Sustainable Greening Program that has been implemented
quality of life and the environment. by CCB Indonesia since 2014 in barren and arid areas in Central
Java, continues. CCB Indonesia has previously planted saplings
CCB Indonesia formulates its Corporate Social Responsibility (CSR) of sapodilla, longan, petai, jackfruit and durian trees in the fields
policy based on Law No. 40 of 2007 concerning Limited Liability of farming communities, and hillsides prone to landslides in
Companies article 1 paragraph 3, that Social and Environmental Sindukarto Village and Sumberharjo Village, Eromoko District,
Responsibility is CCB Indonesia's commitment to participate in Wonogiri Regency; continued to Karang Tengah Village,
sustainable economic development in order to improve the quality Banyumas. The fruits from this planting can be used by the
of life and a beneficial environment, both for the Company itself, local community, which is expected to improve the economy
the local community, and society in general. of the surrounding community.
The CSR program developed by CCB Indonesia is directed to Beneficiaries of the Greening Program
provide positive benefits including for: 1. The local villagers of Sumberharjo Village, Sindukarto Village
and Puloharjo Village, Eromoko District, Wonogiri Regency,
1. Improving the quality of life of the local community who Central Java, are the direct beneficiaries of CCB Indonesia's
are underprivileged, especially for orphans, disabilities and sustainable Greening program.
special needs. Included in the Sustainable Development 2. The farming community who received assistance to plant
Goals / SDGs No. 3 is to ensure healthy lives and promote superior seeds in their respective fields, as well as assistance
well-being for all. for watering the plants during the dry season. In addition,
2. Sustainable Greening Program that benefits others and the some of the plants planted can also provide economic
environment, especially overcoming arid, barren lands that benefits for farmers, such as longan, sapodilla, jackfruit and
are prone to landslides to stop and rehabilitate land damage. petai fruit plants.
Included in the Sustainable Development Goals / SDGs 3. The local government, by planting trees along the village
No. 13 namely taking action to combat climate change road, the environment gradually becomes greener.
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As a form of CCB Indonesia's social responsibility and concern for others and the surrounding community, in 2024 CCB Indonesia
held various humanitarian activities as follows:
No Date Type of Activity SDGs Donation Recipients Cost Realisation Description
1 28-Feb-24 Social Contributions SDGs Jamrud Biru Foundation, Bekasi. IDR 15,936,819 Assistance for daily basic needs.
No. 4 A social welfare center for
people with disabilities and
mental illness, this center cares
for 140 people.
2 22-Mar-24 School Aid SDGs 11 children assisted by Yayasan IDR 37,200,000 Assistance in the form of education
Donations No. 4 Indonesia Indonesia who live in funds for “Kejar Paket Sekolah” for
scavenger stall settlements in pre-prosperous children, so that
South Jakarta, Ragunan, they can continue their studies for
Kebagusan, “Kejar Paket Sekolah” a better life.
education fund.
3 22-Mar-24 Social Contributions SDGs The residents and children IDR 20,598,260 This assistance is provided in the
No. 4 fostered through Yayasan form of basic necessities, children's
Indonesia Hijau, an food and iftar food and the
underprivileged community foundation's operations.
living in the scavenger stall
settlement in Jati Padang area,
Pasar Minggu, South Jakarta,
totaled 106 people.
4 28-May-24 Sustainable Greening SDGs Community members of IDR 25,050,000 Assistance for watering tree
Program No. 13 Sindukarto, Sumberharjo and seedlings in Phase V 2021, Phase
and 15 Puloharjo villages, Eromoko VI 2022 and Phase VII 2023, during
District, Wonogiri Regency, the dry season in May 2024 in
Central Java. barren areas in Sindukarto,
Sumberharjo and Puloharjo villages,
Eromoko District, Wonogiri
Regency, Central Java.
5 25-Jun-24 Humanitarian Social SDGs General public through the IDR 13,157,000 General public in commemoration
Contributions No. 3 Indonesian Red Cross of World Blood Donor Day
coordinated by Sahid Sudirman
Center Building, Jakarta.
6 9-Jul-24 Sustainable Greening SDGs Community members of IDR 17,750,000 Assistance for watering tree
Program No. 13 Sindukarto, Sumberharjo and seedlings in Phase V 2021, Phase
and 15 Puloharjo villages, Eromoko VI 2022 and Phase VII 2023, during
District, Wonogiri Regency, the dry season in June 2024 in
Central Java. barren areas in Sindukarto,
Sumberharjo and Puloharjo villages,
Eromoko District, Wonogiri
Regency, Central Java.
7 23-Jul-24 Sustainable Greening SDGs Community members of IDR 17,750,000 Assistance for watering tree
Program No. 13 Sindukarto, Sumberharjo and seedlings Phase V 2021, Phase VI
and 15 Puloharjo villages, Eromoko 2022 and Phase VII 2023, during
District, Wonogiri Regency, the dry season in July 2024 in barren
Central Java. areas in Sindukarto, Sumberharjo
and Puloharjo villages, Eromoko
District, Wonogiri Regency, Central
Java.
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No Date Type of Activity SDGs Donation Recipients Cost Realisation Description
8 24-Jul-24 Humanitarian Social SDGs Brayat Pinuji Orphanage, Kulon IDR 22,070,148 Assistance for logistical needs, food
Contributions No. 4 Progo, Yogyakarta, which cares and hygiene supplies and school
for 90 children from toddlers supplies, ready-to-eat food.
to teenagers.
9 25-Jul-24 Sustainable Greening SDGs Community members of - The review and monitoring of
Program No. 13 Sindukarto, Sumberharjo and planting sites and those planted
and 15 Puloharjo villages, Eromoko in 2021, 2022 and 2023, coincided
District, Wonogiri Regency, with a visit to the Bhakti Asih
Central Java. Multiple Disability Orphanage,
Semarang.
10 26-Jul-24 Humanitarian Social SDGs Bhakti Asih Multiple Disability IDR 21,701,010 Assistance for equipment, supplies,
Contributions No. 4 Orphanage, Semarang, which staple food and cleaning supplies.
cares for 38 children.
11 27-Aug-24 Sustainable Greening SDGs Community members of IDR 17,750,000 Assistance for watering tree
Program No. 13 Sindukarto, Sumberharjo and seedlings Phase V 2021, Phase VI
and 15 Puloharjo villages, Eromoko 2022 and Phase VII 2023, during
District, Wonogiri Regency, the dry season in August 2024 in
Central Java. barren areas in Sindukarto,
Sumberharjo and Puloharjo villages,
Eromoko District, Wonogiri
Regency, Central Java.
12 27-Sep-24 School Assistance SDGs Baiturrahim Foundation IDR 8,243,047 Educational assistance in the form
No. 4 Integrated Islamic Elementary of teaching and learning facilities,
School, Bekasi with 120 namely computers and other
students. equipment.
13 28-Sep-24 School Assistance SDGs Mekar Lestari Orphanage, IDR 7,741,557 Assistance for logistical needs,
No. 4 Serpong, Tangerang, which staple food, cleaning supplies as
cares for 38 children from well as school equipment and
toddlers to teenagers. computers.
14 7-Oct-24 Sustainable Greening SDGs Community members of IDR 27,750,000 Assistance for watering tree
Program No. 13 Sindukarto, Sumberharjo and seedlings in Phase V 2021, Phase
and 15 Puloharjo villages, Eromoko VI 2022 and Phase VII 2023, during
District, Wonogiri Regency, the dry season of Sept & Oct 2024
Central Java. in barren areas in Sindukarto,
Sumberharjo and Puloharjo villages,
Eromoko District, Wonogiri
Regency, Central Java.
15 12-Oct-24 School Assistance SDGs Sahabat Anak Foundation, IDR 9,003,193 Educational assistance in the form
No. 4 Jelambar, West Jakarta, which of teaching and learning facilities,
cares for 150 children. namely computers and other
equipment.
16 28-Oct-24 Humanitarian Social SDGs Indonesian Red Cross (IRC), IDR 7,000,000 Donations for social humanitarian
Contributions No. 4 Central Jakarta. programs organized by the
Indonesian Red Cross (IRC).
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Corporate Governance Corporate Information Financial Statement Annual Report 161
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No Date Type of Activity SDGs Donation Recipients Cost Realisation Description
17 13-Nov-24 Humanitarian Social SDGs Fajar Baru Orphanage, Depok, IDR 7,340,512 Assistance for logistical needs and
Contributions No. 4 West Java, which cares for 128 school fees.
children.
18 22-Nov-24 Sustainable Greening SDGs Community members of IDR 10,000,000 Assistance for watering tree
Program No. 13 Sindukarto, Sumberharjo and seedlings Phase VII 2023 during
and 15 Puloharjo villages, Eromoko the dry season in November 2024
District, Wonogiri Regency, in barren areas in Sindukarto,
Central Java. Sumberharjo and Puloharjo villages,
Eromoko District, Wonogiri
Regency, Central Java.
19 3-Dec-24 Sustainable Greening SDGs Village community with 500 IDR 179,795,000 The greening program is a donation
Program No. 13 beneficiaries in Karang Tengah, of 500 high-yielding durian tree
and 15 Banyumas. seedlings in Karang Tengah village,
Banyumas, Central Java, whose
crops can be used by the local
community and provide economic
value, in addition to supporting
the ecosystem.
Realization IDR 465,836,546
7. Responsibility for Sustainable Financial Products/ Transparency of CCB Indonesia products includes all
Services Development information regarding products, including product benefits
and uses, terms and conditions, rights and obligations of
a. Innovation and Development of Sustainable each party, when the agreement ends and how it is
Financial Products/Services resolved, information on administrative fees charged,
CCB Indonesia is consistently developing technology-based including the risks. Each CCB Indonesia office provides a
products and services, initially developing internet banking special unit / officer to handle complaints or complaints
for corporations, continuing for individuals, and mobile from customers, so that problems with customers can be
banking, and continuing with the development of further immediately followed up with a target time of completion
digital banking, such as QR payments, iDebit, virtual accounts, according to the provisions of the Financial Services
CCBI Win, foreign currency transfers, and others. As is well Authority.
known, in the context of Sustainable Finance, the use of
technology-based products will save the resources used, Promotion Program of products and services of CCB
such as paper, fuel (because there is no need for Indonesia is carried out through optimal and transparent
transportation). marketing communications, not violating applicable
ethics and rules, to achieve targeted awareness and
In order to maintain public trust and consumer protection, market positioning. CCB Indonesia seeks to develop and
CCB Indonesia always pays attention to creating a sense improve the quality of banking services by prioritizing
of security for its customers. CCB Indonesia's products and customer satisfaction.
services are in accordance with applicable regulations,
standards and best practices. b. Products / Services that have been Evaluated for
Safety for Customers
Every product launched by CCB Indonesia is directed to Regarding the development of sustainable financial products/
provide maximum benefits to customers. CCB Indonesia services, especially technology-based products and services,
through frontliners ensures that customers can understand an IT System Security test has been carried out for the
and understand the advantages of CCB Indonesia products, protection of customer data and CCB Indonesia banking
according to their needs. applications as follows:
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162 Opening Business and Functional Review Financial Review
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▪ CCB Indonesia has implemented the principles of and others, has a very positive impact on the environment,
confidentiality, integrity and availability on all because it will save on resources used, such as paper, gasoline/
communication networks, information and banking diesel fuel because transportation is not required to go to
systems in accordance with the Risk Management the bank office, so it can be a solution for banking transactions
Guidelines from the Financial Services Authority (POJK more efficiently.
MRTI).
▪ Information security and banking systems are carried Digital banking service became very important for customers
out on aspects of technology, human resources and to be able to carry out financial transactions without having
processes in the use of Information Technology, including to come to the bank office.
by:
- Using two layers of authentication for access to d. Number of Products Recall
core-banking system, internet banking and mobile During 2024 there were no recalled products by CCB
banking. Indonesia.
- Conduct regular security system audits by inviting
IT Security vendors to conduct security assessments, e. Customer Satisfaction Survey on Sustainable
penetration tests and infiltration tests on CCB Financial Products/Services
Indonesia banking application systems. During 2024, there has not yet carried out for customer
- Conduct periodic evaluations of systems and satisfaction survey on the Products and/or Services.
procedures to improve system security and to
always comply with the Risk Management Guidelines 8. Others
set by the Financial Services Authority.
a. Written verification from an independent party for 2024 is
c. Products / Services Impact not yet available.
The development of environmentally sound products and b. Feedback sheet for readers for 2024 is not yet available.
services through digital banking, such as internet banking c. The Issuer's response to the previous year's report feedback
(business and individual), mobile banking, QR payments, is currently not available.
iDebit, virtual accounts, CCBI Win, foreign currency transfers, d. Disclosure List
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Sustainability Report
Index
Index Name Page
No
1 Sustainability Strategy 137
Sustainability Strategy Explanation 137
2 Performance Overview of the Sustainability Aspects 139
a. Economic Aspect 139
b. Environmental Aspect 140
c. Social Aspect 140
3 Profile of CCB Indonesia 140
a. Vision, Mission, Core Beliefs and Core Values 140
b. Company’s Address 141
c. Scale of business 141
d. Products, Services, and Business Activities carried out 142
e. Membership in the Association 143
f. Significant Changes in CCB Indonesia 143
4 Explanation of Board of Directors 144
Explanation of Board of Directors 144
5 Sustainability Governance 147
a. Person in Charge of Sustainable Finance Implementation 148
b. Competency Development Related to Sustainable Finance 148
c. Risk Assessment on the Implementation of Sustainable Finance 149
d. Stakeholders Relation 149
e. Challenges to the Implementation of Sustainable Finance 150
6 Sustainability Performance 150
a. Activities to Build the Culture of Sustainability 150
b. Economic Performance 152
1) Comparison of targets and performance, portfolio, financing targets, income and profit and loss 152
2) Comparison of targets and performance of portfolios, financing targets, or projects that are in line with the 152
implementation of Sustainable Finance
c. Environmental Performance 153
1) General Aspect 153
Environmental Cost 153
2) Material Aspect 153
Use of Environmentally Sound Materials 153
3) Energy Aspect 153
Amount and Intensity of Energy used 153
Efforts and Achievements of Energy Efficiency and Use of Renewable Energy 154
4) Water Aspect 154
Water usage 154
d. Social Performance 154
1) Commitment to provide services for equal products and services to consumers 154
2) Employment Aspect 154
Equal Employment Opportunity 154
Child Labor and Forced Labor 154
Regional Minimum Wage 155
Decent and Safe Working Environment 155
Employee Training and Capability Development 155
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Index Name Page
No
3) Community Aspect 155
Impact of Operations on Surrounding Communities including financial literacy and inclusion 155
Public Complaint 156
Environmental Social Responsibility Activities 157
7 Responsibility for Sustainable Financial Products/Services Development 161
a. Innovation and Development of Sustainable Financial Products/Services 161
b. Products/Services that have been Evaluated for Safety for Customers 161
c. Products/Services Impact 162
d. Number of Products Recall 162
e. Customer Satisfaction Survey on Sustainable Financial Products/Services 162
8 Others 162
a. Written verification from an independent party 162
b. Feedback sheet 162
c. The Issuer's response to the previous year's report feedback 162
d. Disclosure List in accordance with Financial Services Authority Regulation No. 51/POJK.03/2017 162
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166 Opening Business and Functional Review Financial Review
Corporate Governance
The extensive and thorough implementation of Good Corporate Governance will
notably enhance profitability, create added value for stakeholders, and ensure the
long-term sustainability of business growth for CCB Indonesia as a public company
According to the Decision of the Minister of Law and Human Rights of the Republic of Indonesia No. AHU-AH.01.10-0003777 dated
30 November 2016, and the Letter from the Financial Services Authority (OJK) No. S-400/PB.12/2016 dated 30 November 2016, it
has been resolved to merge PT Bank Antar Daerah (Bank Anda) into PT Bank Windu Kentjana International, Tbk (Bank Windu). The
resultant entity from this merger has been renamed PT Bank China Construction Bank Indonesia Tbk as per the Decision of the
Minister of Law and Human Rights of the Republic of Indonesia No. AHU-0003776.AH.01.10 Year 2016 dated 30 November 2016,
Letter from the Financial Services Authority No. S-441/PB.12/2016 dated 28 December 2016, and a Copy of the Decree of Board of
Commissioners of Financial Services Authority No. 17/KDK.03/2016 dated 27 December regarding the Determination of the Use
of Business Licenses on behalf of PT Bank Windu Kentjana International Tbk. into PT Bank China Construction Bank Indonesia Tbk
("CCB Indonesia").
The extensive and thorough implementation of Good Corporate Governance will notably enhance profitability, create added value for
stakeholders, and ensure the long-term sustainability of business growth for CCB Indonesia as a public company.
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Corporate Governance Corporate Information Financial Statement Annual Report 167
Corporate Governance
The continuous effort to enhance the implementation of governance CCB Indonesia is committed to consistently implementing the
or Good Corporate Governance previously undertaken, and to principles of Good Corporate Governance in all business activities
ensure the fulfillment of Good Corporate Governance principles at all tiers or levels of the organization.
in all business activities at all tiers or levels of the organization, is
crucial to gaining trust from stakeholders, including shareholders/ In 2024, CCB Indonesia persisted in its endeavor to enhance the
investors, customers, correspondent banks, government/regulators, execution of Good Corporate Governance, maintaining and
employees, suppliers, and the community within the working augmenting the advancements achieved in previous years across
environment of CCB Indonesia. This is due to the fact that the three key Governance dimensions, namely Governance Structure,
evaluation outcomes of Good Corporate Governance will impact Governance Process, and Governance Outcome.
the assessment of the Risk-Based Bank Rating (RBBR).
Principles of Corporate Governance
As an institution operating in the banking sector and as a public
company, CCB Indonesia implements Good Corporate Governance In implementing Good Corporate Governance, CCB Indonesia
guided by: fosters a corporate culture by adhering to the principles of corporate
• Financial Services Authority Regulation No. 17 of 2023 dated governance, namely transparency, accountability, responsibility,
14 September 2023, and Financial Services Authority Circular independence, and fairness. These five principles are consistently
Letter No. 13/SEOJK.03/2017 dated 17 March 2017, regarding applied in business activities and daily operations of the Bank at
the Implementation of Governance for Commercial Banks. all levels of the organization.
• Financial Services Authority Regulation No. 45/POJK.03/2015
dated 23 December 2015, concerning the Implementation of Guidelines for Corporate Governance
Governance in Providing Remuneration for Commercial Banks.
• Financial Services Authority Regulation No. 21/POJK.04/2015 Enhancing the quality of Good Corporate Governance
and Financial Services Authority Circular Letter No. 32/ implementation is a key endeavor aimed at bolstering the Bank's
SEOJK.04/2015 regarding the Implementation of Guidelines performance, safeguarding stakeholders' interests, and fostering
for Public Company Governance. adherence to legal regulations and ethical standards (code of
• Financial Services Authority Regulation No. 33/POJK.04/2014 conduct) prevalent in the banking sector.
dated 8 December 2014, concerning Board of Directors and
Board of Commissioners of Issuers or Public Companies. To ensure alignment with the principles of Good Corporate
• Financial Services Authority Regulation No. 34/POJK.04/2014 Governance across all organizational units, the Bank has established
dated 8 December 2014, concerning Nomination and Policies and General Guidelines for its implementation. These
Remuneration Committee of Issuers or Public Companies. guidelines have received approval from both Board of Commissioners
• Financial Services Authority Regulation No. 55/POJK.04/2015 and Board of Directors.
dated 23 December 2015, regarding the Establishment and
Guidelines for the Operation of Audit Committees. The Bank has developed the provisions for the implementation
• Decree of Board of Directors of the Indonesia Stock Exchange of its Policies and General Guidelines for Good Corporate
Kep-00101/BEI/12-2021 dated 21 December 2021, concerning Governance, which include:
Amendments to Regulation Number I-A regarding the Listing - Self-Assessment Guidelines and Preparation of Good Corporate
of Shares and Equity-like Securities Issued by Listed Companies. Governance Implementation Reports (Guidelines for Assessment
• Circular Letter of the Financial Services Authority Number 32 and Preparation of Good Corporate Governance Reports), as
of 2015 (SE OJK 32/2015) a guide for conducting self-assessment and preparing reports
on the implementation of Good Corporate Governance.
The aforementioned provisions emphasize the necessity for the - Code of Ethics Guidelines, laying down the basic principles of
implementation of Good Corporate Governance principles to be behavior and professionalism expected from all CCB Indonesia
manifested, at a minimum, in: personnel. The Code of Ethics Guidelines aim to foster a robust
- The implementation of duties and responsibilities of Board of culture of risk awareness and establish a sound control
Commissioners and Board of Directors; environment within CCB Indonesia, ensuring that these values
- The completeness and implementation of tasks of committees become deeply rooted in every member of CCB Indonesia
and units performing the functions of the bank's internal control; personnel.
- The implementation of compliance functions, internal auditors, - Guidelines for Handling Conflict of Interest for all CCB Indonesia
and external auditors; personnel:
- The implementation of risk management, including internal ▪ to understand, prevent, and mitigate Conflicts of Interest,
control systems; and
- Provision of funds to related parties and provision of large funds; ▪ to take a firm stance against Conflicts of Interest within the
- The Bank's strategic plan; and Bank to achieve good corporate governance.
- Transparency of financial and non-financial conditions of the
Bank.
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168 Opening Business and Functional Review Financial Review
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In addition to adhering to the aforementioned Policies and Guidelines, In 2024, CCB Indonesia conducted its Annual General Meeting of
the implementation of Good Corporate Governance is also based Shareholders (AGMS) and Extraordinary General Meeting of
on other internal regulations established in accordance with Shareholders (EGMS), by adhering to the Financial Services Authority
applicable laws and regulations, while still adhering to the principles Regulation No. 15/POJK.04/2020 dated 20 April 2020, regarding the
of Good Corporate Governance. Plan and Implementation of General Meetings of Shareholders of
Public Companies and Financial Services Authority Regulation No.
General Meeting of Shareholders (GMS) 16/POJK.04/2020 dated 20 April 2020, regarding the Implementation
of General Meetings of Shareholders of Public Companies Electronically.
The General Meeting of Shareholders (GMS) is the Company Organ
with authority not delegated to Board of Directors or Board of Annual General Meeting of Shareholders (AGMS) for the 2023
Commissioners within the limits specified in the Law and/or the Articles fiscal year was held on 7 June 2024, and Extraordinary General
of Association. Meeting of Shareholders (EGMS) was carried out on 20 December
2024 in a hybrid manner, namely offline with restrictions on
GMS has the authority, among others, to appoint and dismiss members the number of physical attendees based on a first in first served
of Board of Commissioners and Directors, evaluate the performance of method, and also online through the eASY.KSEI application
Board of Commissioners and Directors, approve changes to the Articles specifically for local individual shareholders. In the implementation
of Association, approve the Annual Report, and determine the form of the 2024 AGMS and EGMS, the vote counting was conducted
and amount of compensation, allowances, and facilities for members by an Independent Party, PT. Sinartama Gunita, as the Company's
of Board of Commissioners and Directors, as well as make important Securities Administration Bureau, and verified by Notary Eliwati
decisions in line with the direction and policies of the Bank. Tjitra, S.H., as an independent public official.
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Corporate Governance Corporate Information Financial Statement Annual Report 169
Corporate Governance
Annual GMS held on 7 June 2024 II. Ms. Guo Meijun to be nominated as Commissioner of the
Company.
During the meeting, the decisions made were as follows:
The appointment of Mr. Qi Jiangong and Ms. Guo Meijun with
Agenda One their positions as mentioned above will only be effective after
Approval of the Company's Annual Report, including Board of obtaining approval from the authorized party.
Commissioners Supervisory Task Report regarding the condition
and running of the Company for the 2023 financial year and the Thus, after the appointment of Mr. Qi Jiangong and Mrs. Guo
Company's Annual Financial Report 2023 which has been audited Meijun has received approval from the authorized parties, the
by Public Accountant. composition of the Company's Board of Commissioners whose
term of office will end at the closing of the Company's Annual
Agenda Two General Meeting of Shareholders for the 2028 financial year is
Approved the determination of the use of net profit for the financial as follows:
year ending on 31 December 2023 in the amount of IDR 241,290,965,341
(two hundred forty-one billion two hundred ninety million nine Board of Commissioners
hundred sixty five thousand three hundred forty one rupiah) as - President Commissioner : Qi Jiangong *)
follows: - Commissioner : Guo Meijun *)
I. In the amount of IDR 500,000,000 (five hundred million rupiah) - Commissioner (Independent) : Mohamad Hasan
will be used as the obligatory reserved funds in accordance to - Commissioner (Independent) : Yudo Sutanto, Nyoo
the Company Law;
Note:
II. The remaining funds in the amount of IDR 240,790,965,341
*) The appointment is only effective after obtaining approval from the authorized
(two hundred forty billion seven hundred ninety million nine
parties
hundred sixty five thousand three hundred and forty one
rupiah) will be used as retained earnings in order to strengthen
the Company’s capital structure. Agenda Four
Approved the Granting of Power of Attorney to Board of
Agenda Three Commissioners to determine the salaries, allowances and bonuses
(i) Approve the reappointment of members of Board of Directors for members of Board of Directors for fiscal year 2024.
and members of Board of Commissioners of the Company for
a term of office starting from the closing of this Meeting until Agenda Five
the closing of the Company's Annual General Meeting of Approved the Granting of Power of Attorney to the Majority
Shareholders for the financial year 2028 (two thousand twenty Shareholder, taking into account the suggestions and
eight) as follows: recommendations of the Remuneration and Nomination Committee,
to determine the salaries, allowances and bonuses for members
Board of Directors: of Board of Commissioners for fiscal year 2024.
- President Director : You Wennan
- Director : Zhu Yong Notes:
- Director : Setiawati Samahita The attendance of Board of Directors and Board of Commissioners
- Director : Junianto at the Annual General Meeting of Shareholders for the 2023 fiscal
- Director : Agresius Robajanto Kadiaman year as follows:
Board of Commissioners Board of Directors:
- Commissioner : Qi Jiangong - President Director : You Wennan
- Commissioner (independent) : Mohamad Hasan - Director : Zhu Yong
- Commissioner (independent) : Yudo Sutanto, Nyoo - Director : Setiawati Samahita
- Director : Junianto
* Independent Commissioners who have served 2 (two) terms and are proposed
- Director : Agresius Robajanto Kadiaman
for reappointment, namely Mr. Yudo Sutanto, Nyoo and Mr. Mohamad Hasan,
have declared themselves to remain independent.
Board of Commissioners
(ii) Approve the appointment of candidates for members of Board - Commissioner (independent) : Mohamad Hasan
of Commissioners of the Company as follows: - Commissioner (independent) : Yudo Sutanto, Nyoo
I. Mr. Qi Jiangong who previously served as Commissioner
of the Company, to be nominated as President Commissioner
of the Company
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Corporate Governance
Extraordinary GMS held on 20 December 2024 Board of Commissioners and Board of
Directors
During the meeting, the decisions made were as follows:
The Bank operates its management system through dual control
First Agenda framework, ensuring a distinct separation of the roles and duties
Accepted and approved the Company's Recovery Plan, which was between Board of Directors, responsible for managing the Bank,
prepared to comply Financial Services Authority Regulation No. 5 and Board of Commissioners, responsible for overseeing the Bank.
of 2024 on Determination of Supervisory Status and Handling of
Commercial Bank Problems, the Company has prepared the Recovery 1. Board of Commissioners
Plan, as part of the corporate governance framework that serves
as a guideline for the Bank in order to ensure operational sustainability 2024 2023
and stability. President - Sun Jianzheng*
Commissioner
Second Agenda Commissioner Guo Meijun*** Qi Jiangong**
Accepted and approved the resignation of Mr. Qi Jiangong from Independent Mohamad Hasan Mohamad Hasan
his position as President Commissioner and Mr. You Wennan from Commissioner
his position as President Director, as well as approved the Independent Yudo Sutanto, Nyoo Yudo Sutanto, Nyoo
appointment of Mr. Jiang Yongdong nominated as President Commissioner
Director of the Company. The appointment of Mr. Jiang Yongdong
* Mr Sun Jianzheng has ended his tenure as President Commissioner effective
will only be effective after obtaining approval from the relevant
7 June 2024. The Company would like to express appreciation and gratitude
authorities. for his services to the Company during his previous term as President
Commissioner of the Company.
** Mr Qi Jiangong has resigned from his position as President Commissioner
Therefore, after the appointment of Mr. Jiang Yongdong has been effective 20 December 2024, previously Mr Qi Jiangong was appointed as
approved by the relevant authorities, the composition of the members President Commissioner at Annual General Meeting of Shareholders on
7 June 2024 and effective 2 December 2024. The Company would like to
of Board of Directors and Board of Commissioners of the Company express appreciation and gratitude for his services to the Company during
whose term of office will expire until the closing of Annual General his previous term as President Commissioner of the Company.
*** Ms Guo Meijun was appointed as Commissioner at Annual General Meeting
Meeting of Shareholders of the Company for the financial year 2028
of Shareholders on 7 June 2024 and effective on 2 December 2024.
will be as follows:
None of the Independent Commissioners have financial,
Board of Directors: management, ownership and family relationships with other
- President Director : Jiang Yongdong *) members of Board of Commissioners, Board of Directors and/
- Director : Zhu Yong or Controlling Shareholders or relationships with CCB Indonesia,
- Director : Setiawati Samahita which may affect their ability to act independently.
- Director : Junianto
- Director : Agresius Robajanto Kadiaman All members of Board of Commissioners meet the requirements
as stipulated in Financial Services Authority Regulation No. 33/
Board of Commissioners POJK.04/2014 (formerly Bapepam Regulation IX.I.6), Financial
- Commissioner : Guo Meijun Services Authority Regulation No. 27/POJK.03/2016, and Financial
- Commissioner (independent) : Mohamad Hasan Services Authority Circular Letter No. 39/SEOJK.03/2016.
- Commissioner (independent) : Yudo Sutanto, Nyoo
2. Board of Directors
*) The appointment is only effective after obtaining approval from the authorized
parties
2024 2023
Notes: President Director Jiang Yongdong* You Wennan*
The attendance of Board of Directors and Board of Commissioners on
Director Zhu Yong Zhu Yong
20 December 2024 as follows:
Director - Chandra N.T. Siagian**
Board of Directors: Director Junianto Junianto
- President Director : You Wennan Director Setiawati Samahita Setiawati Samahita
- Director : Zhu Yong Compliance Director Agresius R. Kadiaman Agresius R. Kadiaman
- Director : Setiawati Samahita
- Director : Agresius Robajanto Kadiaman * Mr You Wennan has resigned, effective as of 20 December 2024. The
Company would like to express appreciation and gratitude for his services
to the Company during his previous term as President Director of the
Board of Commissioners Company. The position of President Director was replaced by Mr Jiang
Yongdong through the Extraordinary General Meeting of Shareholders
- Commissioner (independent) : Mohamad Hasan (EGMS) on 20 December 2024 and effective on 14 March 2025.
** Mr Chandra N.T. Siagian passed away on 2 May 2024. The Company would
like to express its appreciation and gratitude for the services rendered by
the Deceased during his tenure as Director of the Company.
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Corporate Governance
None of the members of Board of Directors of CCB Indonesia 2024 2023
have financial, management, ownership and family relationships President Commissioner - Sun Jianzheng*
with other members of Board of Directors, Board of Commissioner Guo Meijun*** Qi Jiangong**
Commissioners and/or Controlling Shareholders or relationships
Independent Commissioner Mohamad Hasan Mohamad Hasan
with CCB Indonesia, which may affect their ability to act
Independent Commissioner Yudo Sutanto, Nyoo Yudo Sutanto, Nyoo
independently.
* Mr Sun Jianzheng has ended his tenure as President Commissioner effective 7 June
2024. The Company would like to express appreciation and gratitude for his services
All members of Board of Directors meet the requirements as to the Company during his previous term as President Commissioner of the Company.
stipulated in Financial Services Authority Regulation No. 33/ ** Mr Qi Jiangong has resigned from his position as President Commissioner effective
20 December 2024, previously Mr Qi Jiangong was appointed as President Commissioner
POJK.04/2014 (formerly Bapepam Regulation IX.I.6), Financial at Annual General Meeting of Shareholders on 7 June 2024 and effective 2 December
Services Authority Regulation No. 27 /POJK.03/2016, and 2024. The Company would like to express appreciation and gratitude for his services
Financial Services Authority Circular Letter No.39/SEOJK.03/2016. to the Company during his previous term as President Commissioner of the Company.
*** Ms Guo Meijun was appointed as Commissioner at Annual General Meeting of
Shareholders on 7 June 2024 and effective on 2 December 2024.
The composition of Board of Directors and Board of Commissioners
of the Company has been recorded in the administrative supervision In 2024, the number of members of the Bank's Board of Commissioners
of the Financial Services Authority. shall not be less than 3 (three) persons and shall not exceed the
number of members of Board of Directors.
Board of Commissioners
Composition of the Members of Board of
The composition of Board of Commissioners and Board of Directors Commissioners
in 2024 has changed when compared to the composition of the
previous period based on the decision of the Annual General In 2024, the members of Board of Commissioners consist of Independent
Meeting of Shareholders (AGMS) dated 7 June 2024 and the Commissioners and Non-Independent Commissioners, with a composition
Extraordinary GMS dated 20 December 2024. of 50% of Board of Commissioners being Independent Commissioners.
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172 Opening Business and Functional Review Financial Review
Corporate Governance
The determination of the number of members of Board of Commissioners considers the condition and scale of the Bank. The number of
members of Board of Commissioners is at least 3 (three persons) and at most equal to the number of members of Board of Directors.
Board of Commissioners consists of Independent Commissioners and Non-Independent Commissioners. The number of Independent
Commissioners is at least 50% of the total number of members of Board of Commissioners, as stipulated in CCB Indonesia's General
Policies and Guidelines contained in Board of Commissioners' Code of Conduct.
The number of
Period Members of the Board of %
Independent Commissioner
Commissioners
January 2024 – 7 June 2024 4 2 50%
Since the closing of the Annual GMS on 7 June 2024 until the 3 2 66%
closing of the annual GMS of the company for the fiscal year 2028
Since 2 December 2024 until 20 December 2024 before the 4 2 50%
closing of the Extraordinary GMS
Since the closing of the EGMS on 20 December 2024 until the 3 2 66%
closing of the annual GMS for the fiscal year 2028
Appointed
No Name Position Approval Letter OJK Approval
through GMS
1 Qi Jiangong President OJK Letter No. KEPR-157/D.03/2024 dated 28 November 2024 28 Nov 2024 7 Jun 2024
Commissioner
2 Guo Meijun Commissioner OJK Letter No. KEPR-156/D.03/2024 dated 28 November 2024 28 Nov 2024 7 Jun 2024
3 Mohamad Hasan Independent BI Letter No.12/72/GBI/DPIP/ Rahasia dated 07 June 2010 7 Jun 2010 7 Jun 2024
Commissioner (reappointed)
4 Yudo Sutanto Independent OJK Letter No. KEP-63/D.03/2016 dated 27 October 2016 27 Oct 2016 7 Jun 2024
Commissioner (reappointed)
Qi Jiangong He was appointed as Chairman, Non-Executive Director of BlackRock
* Commissioner : served from 6 June 2017 to 2 December 2024 CCB Wealth Management Limited on 10 May 2021 until now.
* President Commissioner : served from 2 December to 20
December 2024 Starting 2 August 2022 until now, he was appointed as General
Manager of Financial Institutional Business Department of China
Chinese citizen, born in Shanxi, China in 1970. He obtained his Construction Bank Corporation, who is responsible for the
Bachelor of Economics from Renmin University of China in 1992 management of the financial institution business.
and his Master Degree from the University of International Business
and Economics, majoring in International Accounting Management As a Non-Independent Commissioner, he undertakes the functional
and graduated in 1997. duties from China Construction Bank Corporation (the Bank
shareholders in the form of a legal entity).
Appointed as Commissioner through the GMS on 14 October 2016,
and declared effective from 6 June 2017 to 2 December 2024. Trainings attended in 2024, among others:
1. Training on “Banking Risk Management with Qualification 6 for
Subsequently appointed as President Commissioner through Annual Commissioners” by IRPA & BSMR on 9 - 12 July 2024 in Jakarta.
General Meeting of Shareholders on 7 June 2024 and effective from
2 December 2024 to 20 December 2024. As a member of Board of Commissioners, he has adhered to all the
requirements stipulated in the Financial Services Authority Regulation
Began his career at China Construction Bank Corporation since July No. 33/POJK.04/2014 (formerly Capital Market Authority Regulation
1997 as a Business Manager who is responsible for managing assets/ IX.I.6), No. 27/POJK.03/2016, Circular Letter of Financial Services
liabilities. From October 2000 until March 2001, he held various Authority No. 39/SEOJK.03/2016 and has obtained approval from
strategic positions at China Construction Bank Corporation. Financial Services Authority No. KEPR-157D.03/2024 dated 28
Furthermore, from March 2001 until July 2008, he was appointed November 2024.
as Chief Manager and Deputy Chief Manager who is responsible
for the financial market department. Then in March 2008 until 2 Special Assignment:
August 2022, he was appointed as Deputy General Manager and Member of Remuneration and Nomination Committee since 27
Chief Manager of Strategic Investment and Management Department, September 2017 until 20 December 2024.
who was in charge of Bank's strategic investments.
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Corporate Governance Corporate Information Financial Statement Annual Report 173
Corporate Governance
Guo Meijun November 2016 based on the approval from the Financial Services
Commissioner Authority No. SR-104/PB.12/2016.
Chinese citizen, born in Shanxi, China in 1976. She obtained her Began his career at Citibank Jakarta from May 1974 until April 1977.
Bachelor's degree in International Trade from Shanxi University of He then worked at PT Multinational Finance Corporation (PT Multicor)
Finance & Economics in 1998, Master's degree in Industrial Economics from May 1977. From the period of August 1985 until October 1991,
from Shanxi University of Finance & Economics in 2002, and Doctoral he was appointed as Executive Director, then from November 1991
degree in International Trade from Graduate School of Chinese until January 2003, he was appointed as President Director. Then at
Academy of Social Sciences in 2005. PT Bank Multicor as Independent Commissioner from June 2003
until June 2008. Since October 2008 until 2009, he served as
Appointed as Commissioner through GMS on 7 June 2024, and Commissioner in several national private companies in Jakarta. And
declared effective from 2 December 2024 until now. since May 2010, he was reappointed as an Independent Commissioner
in the Company.
She started her career in the International Business Department of
China Construction Bank Corporation in July 2006 as Manager, Trainings attended in 2024, among others:
Assistant Chief in the International Settlement & Trade Finance division 1. Training on “Risk Management Refreshment Level 6 Commissioner”
of the International Business Department, responsible for the by SDG Learning on 7 February 2024 in Jakarta.
development of international settlement and trade finance. From 2. Training on IT Security “Challenges and Obstacles in Digital
2013 to 2021, she held various strategic positions in the International Transformation” by CCB Indonesia on 3 April 2024 in Jakarta.
Business Department of China Construction Bank Corporation, namely 3. Training on “Banking Risk Management with Qualification 6 for
as Deputy Chief of Overseas Business Division from July 2013 to July Commissioners” by IRPA & BSMR on 23-26 April 2024 in Jakarta.
2015, as Chief of Cross Border RMB Business Division from July 2015
to July 2019, and then from July 2019 to June 2021, she was appointed As a member of Board of Commissioners, he has adhered to all the
as Chief of Foreign Cooperation & Cross Border Matchmaking division requirements stipulated in the Financial Services Authority Regulation
in the International Business Department. No. 33/POJK.04/2014 (formerly Capital Market Authority Regulation
IX.I.6), No. 27/POJK.03/2016, Circular Letter of Financial Services Authority
Subsequently, from June 2021 to August 2023, she was appointed No. 39/SEOJK.03/2016 and has obtained approval from the Financial
as Deputy Mayor of Hanyin County, Shaanxi Province, in charge of Services Authority No. KEP-101/D.03/2016 dated 30 November 2016.
investment and management of financial institutions.
Special Assignment:
From September 2023 to present, she has been serving as Deputy Chairman of Remuneration and Nomination Committee since
General Manager of International Business Department of China 22 October 2010 until now.
Construction Bank Corporation in charge of Overseas Business Chairman of Audit Committee since 14 March 2017 until now.
management.
Yudo Sutanto, Nyoo
As a Non-Independent Commissioner, she undertakes the functional Independent Commissioner
duties from China Construction Bank Corporation (the Bank
shareholders in the form of a legal entity). Indonesian citizen, born in Malang, East Java in 1954. He obtained
Trainings attended in 2024, among others: his Bachelor of Finance in 1981 from California State University, Los
1. Training on “Banking Risk Management with Qualification 6 for Angeles, United States of America.
Commissioners” by IBI-BCC on 15 – 22 June 2024.
Appointed as Independent Commissioner since 2 November 2016
As a member of Board of Commissioners, she has adhered to all the based on the approval from the Financial Services Authority No.
requirements stipulated in the Financial Services Authority Regulation SR-173/PB.121/2016.
No. 33/POJK.04/2014 (formerly Capital Market Authority Regulation
IX.I.6), No. 27/POJK.03/2016, Circular Letter of Financial Services Authority Began his career at PT Bank Antardaerah since 1982 in various
No. 39/SEOJK.03/2016 and has obtained approval from Financial important positions. In 1990, he was appointed as President Director,
Services Authority No. KEPR-156/D.03/2024 dated 28 November 2024. and in 1999 as Chairman of the Audit Board of PT Bank Antardaerah.
Since March 1999, he served as a member of Board of Commissioners.
Mohamad Hasan Trainings attended in 2024, among others:
Independent Commissioner
1. Training “Risk Management Refreshment Level 6 for
Indonesian citizen, born in Palembang in 1944. He obtained his Commissioners” by SDG Learning on 7 February 2024 in Jakarta.
Bachelor of Laws in 1972 from Sriwijaya University, Palembang. 2. Training on IT Security “Challenges and Obstacles in Digital
Transformation” by CCB Indonesia on 3 April 2024 in Jakarta.
Appointed as Independent Commissioner since 24 June 2010 and 3. Training on “Banking Risk Management with Qualification 6 for
continued after the merger of Bank Windu and Bank Anda as of 30 Commissioners” by IRPA & BSMR on 23 – 26 April 2024 in Jakarta.
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174 Opening Business and Functional Review Financial Review
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As a member of Board of Commissioners, he has adhered to all the 3. Board of Commissioners establishes Committees under it
requirements stipulated in the Financial Services Authority Regulation to support the effectiveness of its tasks and responsibilities,
No. 33/POJK.04/2014 (formerly Capital Market Authority Regulation consisting of at least:
IX.I.6), No. 27/POJK.03/2016, Circular Letter of Financial Services Authority a. Audit Committee,
No. 39/SEOJK.03/2016 and has obtained approval from the Financial b. Risk Monitoring Committee, and
Services Authority No. KEP-63/D.03/2016 dated 27 October 2016. c. Remuneration and Nomination Committee.
4. Members of the Committees under Board of Commissioners
Special Assignment: are appointed by Board of Directors' Decree accompanied
Chairman of Risk Monitoring Committee since 21 February 2017. by confirmation by Board of Commissioners.
5. Board of Commissioners shall ensure that the established
In 2024, the number, composition, criteria, and independence of Committees perform their tasks effectively.
Board of Commissioners members have complied with the Financial 6. Board of Commissioners coordinates with Board of Directors
Services Authority regulations governing the implementation of in fostering, ensuring, and supervising the Bank's compliance
Governance Principles for Commercial Banks and Public Listed with internal and external regulations.
Companies. 7. Members of Board of Commissioners are prohibited from
granting general authority to others that may result in the
a. Duties and Responsibilities of Board of Commissioners delegation of the Commissioners' duties and responsibilities.
1. Board of Commissioners shall conduct supervision of the 8. Board of Commissioners may grant specific authority to 2
implementation of Board of Directors' tasks and responsibilities, (two) members of Board of Commissioners to take routine
as well as provide advice to Board of Directors. In carrying out and non-strategic actions. Such actions shall be reported
these tasks, several rules need to be taken into account, namely: at the next Board of Commissioners meeting.
a. Board of Commissioners is prohibited from being
involved in the decision-making process of the Bank's Board of Commissioners has carried out its supervisory function
operational activities, except: over the implementation of Board of Directors' duties and
• Provision of funds to Related Parties and/or other responsibilities periodically and provided advice and
transactions involving related parties as regulated recommendations to Board of Directors.
in Bank Indonesia Regulation on Maximum Limits
for Commercial Bank Credit Provision, b. Board of Commissioners Meetings
• Other matters stipulated in the Bank's Articles of Board of Commissioners has already have the guidelines for
Association or applicable regulations. conducting Board of Commissioners meetings, based on the
b. Board of Commissioners shall direct, monitor, and Financial Services Authority Regulation No. 33/POJK.04/2014
evaluate the implementation of the Bank's strategic dated 8 December 2014 concerning Directors and Board of
policies, including evaluating the Bank's Business Commissioners of Issuers or Public Companies, the Financial
Plan. Services Authority Regulation No. 17 of 2023 concerning the
c. Board of Commissioners shall review, correct, and Implementation of Governance for Commercial Banks, and
approve the Bank's Annual Report. Board of Commissioners' Working Procedures Guidelines, which
2. Board of Commissioners shall ensure the implementation include provisions on the Assessment and Evaluation of Board
of Good Corporate Governance in all Bank business activities of Commissioners' Performance.
at all levels of the organization. In performing this function,
several rules need to be taken into account, namely: Board of Commissioners meetings during 2024 has been
a. Board of Commissioners shall notify the Financial conducted well, as evidenced by the documentation of the
Services Authority at least 7 (seven) working days from meeting proceedings that have been carried out.
the discovery of:
• Violations of financial and banking regulations, Board of Commissioners' decision-making are based on the
• Circumstances or estimated circumstances that principle of consensus. The results of Board of Commissioners
may endanger the Bank's business continuity. meetings have been recorded in minutes of meeting and well-
b. Board of Commissioners shall ensure that Board of documented, and distributed to all members of Board of
Directors has followed up on audit findings and Commissioners and relevant parties. The results of the meetings
recommendations from the Bank's Internal Audit are recommendations and/or advice to Board of Directors on
Function and Public Accountants, as well as the results the Bank's business activities.
of Bank Indonesia's supervision and/or supervision
from other authorities. During 2024, Board of Commissioners held 6 (six) Board of
c. Board of Commissioners has the right to appoint Public Commissioners meetings, which were attended by all members
Accountant considering the recommendations of the of Board of Commissioners. Some of Board of Commissioners
Audit Committee. meetings were conducted via teleconference.
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Corporate Governance Corporate Information Financial Statement Annual Report 175
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Sun Qi Mohamad Yudo
No Date Agenda
Jianzheng Jiangong Hasan Sutanto
1. 27 Feb 2024 1. Approve Working Plan and Budget of The Internal Audit Division for TC TC √ TC
the Year 2024;
2. Approve the appointment of;
a. Mr. Mulyadi as one of the members of Risk Monitoring
Committee.
b. Mr. Mohammad Sumarsono as one of the members of the Risk
Monitoring Committee and one of the members of the Audit
Committee.
3. Approve 2022 Performance Bonus Proposal of CCBI Foreign
Directors;
4. Any others business
2. 15 May 2024 1. Proposed Appointment of Public Accountant Firm to audit the - TC √ TC
Financial Statements of CCB Indonesia for the year 2024 based on
Recommendation of the Audit Committee;
2. Appointment of Chairman of the Annual General Meeting of
Shareholders (AGMS) of CCB Indonesia;
3. Assessment of the independence of Board of Commissioners
towards Independent Commissioners;
Qi Mohamad Yudo
No Date Agenda
Jiangong Hasan Sutanto
3. 11 Jun 2024 1. Approve of 2023 total bonus amount (exclude foreign directors) and BOD bonus √ √ √
amount (exclude foreign directors);
2. Approve of 2023 performance bonus proposal of CCBI Foreign Directors;
3. Any other business.
4. 24 Jun 2024 Approve Revised CCBI Bank Business Plan (BBP) for the year 2024 – 2026. TC √ TC
5. 18 Oct 2024 1. Approve New Risk Appetite; TC √ TC
2. Approve the Affirmation Letter for BoD and BoC
3. Brief presentation on updated new generation system
6. 18 Nov 2024 1. Approve Bank Business Plan (BBP) for the year 2025 – 2027 √ √ √
2. Approve Recovery Plan of CCB Indonesia (OJK/Indonesia Financial Services
Authority purpose);
3. Approve Resolution Plan of CCB Indonesia (LPS/Indonesia Deposit Insurance
Corporation purpose);
√ : Present at the meeting, - : Not present at the meeting, TC : Via teleconference
Thus, the number of meetings held, as well as the number of meetings attended physically by all members of Board of Commissioners
have complied with the Financial Services Authority regulations governing Directors and Board of Commissioners of Issuers or Public
Companies, and the Financial Services Authority regulations governing the implementation of Governance in Commercial Banks.
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176 Opening Business and Functional Review Financial Review
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c. Recommendations of Board of Commissioners
As a follow-up to the oversight of CCB Indonesia's performance during 2024, Board of Commissioners, considering the recommendations
of the Audit Committee, Remuneration and Nomination Committee, and Risk Monitoring Committee, conveyed recommendations
that should be followed up by Board of Directors.
d. Training attended by members of Board of Commissioners
Members of Board of Commissioners have the commitment and ability to engage in continuous learning to enhance their knowledge
of banking and current developments in financial/other areas that support the performance of their duties and responsibilities.
The training attended by the Commissioners in 2024, among others are as follows:
Name Training Date Organizer/Venue
Qi Jiangong Banking Risk Management with Qualification 6 for Commissioners 9 - 12 July 2024 IRPA & BSMR
Guo Meijun Banking Risk Management with Qualification 6 for Commissioners 15 – 22 June 2024 IBI-BCC
Mohamad Hasan Risk Management Refreshment Level 6 Commissioner 7 February 2024 SDG Learning
IT Security : “Challenges and Obstacles in Digital Transformation” 3 April 2024 CCB Indonesia
Banking Risk Management with Qualification 6 for Commissioners 23 – 26 April 2024 IRPA & BSMR
Risk Management Refreshment Level 6 Commissioner 7 February 2024 SDG Learning
Yudo Sutanto, IT Security : “Challenges and Obstacles in Digital Transformation” 3 April 2024 CCB Indonesia
Nyoo Banking Risk Management with Qualification 6 for Commissioners 23 – 26 April 2024 IRPA & BSMR
e. The effectiveness and efficiency of supervision conducted by the Commissioners
Periodically, Board of Commissioners oversees Board of Directors and the Committees under Board of Commissioners, among other
things, through meetings between Board of Commissioners and Board of Directors or between Board of Commissioners and the
Committees.
f. Meetings of Board of Commissioners with Board of Directors
Throughout 2024, Board of Commissioners convened with Board of Directors 3 (three) times.
No Date Agenda Attended by
1 30 May 2024 Confidential Matter Qi Jiangong
Mohamad Hasan
Yudo Sutanto, Nyoo
You Wennan
Zhu Yong
Junianto
Agresius R. Kadiaman
2 24 Jun 2024 1. Discussion on Revised CCBI Bank Business Plan 2024 – 2026 Qi Jiangong
2. Any other business. Mohamad Hasan
Yudo Sutanto, Nyoo
You Wennan
Zhu Yong
Junianto
Agresius R. Kadiaman
3 18 Nov 2024 1. Discuss Bank Business Plan (BBP) for the year 2025-2027 Qi Jiangong
2. Update the improvement of the CCB Indonesia Anti-Money Laundering and Mohamad Hasan
Prevention of Terrorism and Proliferation of Funding for Weapons of Mass Yudo Sutanto, Nyoo
Destruction (AML-PTP-FWMD) system development program; You Wennan
Zhu Yong
Setiawati Samahita
Junianto
Agresius R. Kadiaman
The monitoring conducted by Board of Commissioners over Board of Directors and the Committees under the Board of Commissioners
during 2024 has been effective and efficient.
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Corporate Governance Corporate Information Financial Statement Annual Report 177
Corporate Governance
g. Mechanisms of supervision by the Commissioners 9. Monitoring the implementation of Good Corporate
over the Directors and Committees under the Governance including but not limited to monitoring
Commissioners Governance Structure, Governance Process, Governance
The Board of Commissioners consistently supports efforts to Outcome; Self-assessment of Good Corporate Governance
enhance governance implementation at CCB Indonesia. Primary implementation; Provision of funds to related parties and
attention is given to improving the three aspects of governance: significant fund provision; Implementation of Compliance
Governance Structure, Governance Process, and Governance Functions; and the implementation of Anti-Money
Outcome, followed by addressing the findings of the Financial Laundering Programs, Terrorism Financing Prevention, and
Services Authority (OJK), achieving targets as per the business plan Prevention of Proliferation Financing of Weapons of Mass
while considering risk management, internal supervision, and Destruction.
compliance. Through its committees, the Board of Commissioners 10. Actively monitoring the Compliance Function, by evaluating
has provided recommendations and input on various aspects of the implementation of the Bank's Compliance Function
the Company's business and supporting functions. through Quarterly Reports on the Implementation of Duties
by Directors responsible for the Compliance Function.
The mechanisms and focus of supervision conducted in 2024 Subsequently, the Board of Commissioners provides
include: suggestions for improving the quality of the Bank's
1. Analyzing, providing input, and jointly approving the Bank's Compliance Function implementation.
Business Plan (RBB). Board of Commissioners also monitors,
analyzes, and provides guidance/input for the Company's The integrity, competence, and financial reputation of all members
future strategic plans. of the Board of Commissioners are considered adequate. Regarding
2. Overseeing the implementation of the Bank's Business Plan, risk management certification requirements, all members of the
and regularly reporting the results to the Financial Services Board of Commissioners have fulfilled them. Members of the Bank's
Authority. Board of Commissioners have clearly disclosed their share ownership,
3. Reviewing the financial performance of CCB Indonesia financial relationships and those of their families, as well as
through the Audit Committee and Risk Monitoring remuneration and other benefits received, and have never violated
Committee. any applicable provisions/regulations.
4. Assessing risk management through discussions on risk
profiles covering credit risk; market risk; liquidity risk; Members of the Board of Commissioners do not exploit the Bank
operational risk; legal risk; reputational risk; strategic risk; for personal, family, and/or other parties' interests that may harm
and compliance risk. or reduce the Bank's profit.
5. Reviewing and discussing the annual work plan of External
and Internal Audits, competence enhancement, and findings Independent Commissioners do not have financial, managerial,
during the year. Board of Commissioners also monitors ownership, or family relationships with other members of Board of
improvements in the findings of external audit inspections, Commissioners, Board of Directors, and/or Controlling Shareholders,
including those of the Financial Services Authority and or relationships with CCB Indonesia, which could affect their ability
Public Accounting Firm. to act independently.
6. Proposing the appointment of a Public Accounting Firm
to audit the Company's financial statements, at least for The Board of Commissioners has carried out its duties and
the audit of the annual historical financial information. responsibilities in decision-making independently. All members of
7. Through the Remuneration and Nomination Committee, Board of Commissioners do not have family relationships up to the
Board of Commissioners monitors HR strategies and policies, second degree with fellow members of Board of Commissioners
including education and training programs and their and/or Board of Directors. The replacement and/or appointment
implementation. The Remuneration and Nomination of each candidate member of Board of Commissioners and Directors
Committee provides recommendations to Board of have taken into account the recommendations of the Remuneration
Commissioners on HR policy proposals. and Nomination Committee.
8. Receiving reports from the three committees at Board of
Commissioners level, which are then discussed in Board of The Board of Commissioners understands its obligation to report
Commissioners meetings. Inputs and recommendations to the Financial Services Authority in the event of violations that
deemed necessary will be conveyed by Board of could endanger the Bank's operations.
Commissioners to Board of Directors.
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178 Opening Business and Functional Review Financial Review
Corporate Governance
However, in 2024, there were no: Supporting Committees of Board of
• Violations of financial and banking regulations; and circumstances
Commissioners
or estimated circumstances that could endanger the Bank's continuity,
• Reporting on Violations of financial and banking regulations; Pursuant to the Financial Services Authority Regulation No. 17 of
and circumstances or estimated circumstances that could 2023 and Financial Services Authority Circular Letter No. 13/
endanger the Bank's continuity. SEOJK.03/2017 dated 17 March 2017 concerning the Implementation
of Governance for Commercial Banks, Financial Services Authority
The Board of Commissioners is not involved in the operational Regulation No. 55/POJK.04/2015 dated 23 December 2015
decision-making of the Bank, except in providing funds to related concerning the Establishment and Guidelines for the Operation
parties. The Board of Commissioners also plays a role in directing of the Audit Committee, and Financial Services Authority Regulation
the preparation of the Bank's Business Plan, overseeing the No. 34/POJK.04/2014 dated 8 December 2014 concerning the
implementation of the Bank's Business Plan, as well as monitoring Nomination and Remuneration Committee of Issuers or Public
and evaluating the implementation of the bank's strategic policies. Companies, CCB Indonesia has established supporting committees
for Board of Commissioners, namely the Audit Committee, Risk
The Company’s policy on the evaluation of Monitoring Committee, and Remuneration and Nomination
Board of Commissioners' performance and its Committee. These committees are responsible to Board of
implementation Commissioners in assisting the implementation of their duties
and responsibilities, in accordance with the Working Guidelines
• Procedure for assessing the performance of The Board of prepared for each Committee.
Commissioners:
1. The performance of the Board of Commissioners will be The composition of committee members is in line with the size
evaluated based on specific criteria recommended by the and complexity of CCB Indonesia's business. The performance of
Remuneration and Nomination Committee. the committees assisting the Board of Commissioners has been
2. The results of the assessment of the Board of Commissioners' running as expected.
performance are disclosed in the Annual Report and
presented at the Annual General Meeting of Shareholders. The Board of Commissioners has 3 (three) committees to assist
3. The Board of Commissioners assessed that the performance of them in carrying out their duties and responsibilities, namely:
the Committees that support the implementation of the duties
of the Board of Commissioners has been in accordance with 1. Audit Committee
their roles, responsibilities, and authorities well during 2024. 2. Risk Monitoring Committee
4. The number of members of the Board of Commissioners 3. Remuneration and Nomination Committee
of CCB Indonesia in 2024 is in accordance with the provisions
of POJK No. 17 of 2023, POJK No.33/POJK.04/2014, concerning In 2024, committee meetings were held regularly and implement
the Board of Directors and Board of Commissioners of quite effectively as needed by CCB Indonesia :
Issuers or Public Companies, as well as CCB Indonesia's
General Policies and Guidelines set out in Board of 1. Audit Committee held 16 (sixteen) meetings, all of which were
Commissioners' Code of Conduct. attended by more than 51% (fifty-one percent) of the total
members of the Audit Committee, including Independent
• Criteria used Commissioners and Independent Parties.
1. Achievement of the Board of Commissioners' meeting 2. Risk Monitoring Committee held 11 (eleven) meetings, all of
implementation, which were attended by more than 51% (fifty-one percent) of
2. Attendance of Board of Commissioners members, the total members of the Risk Monitoring Committee, including
3. Administrative order, Independent Commissioners and Independent Parties.
4. Integrity and transparency of the Board of Commissioners 3. Remuneration and Nomination Committee held 7 (seven)
members, meetings, all of which were attended by more than 51% (fifty-
5. Participation and contribution in the Bank's supervisory function. one percent) of the total members of the Remuneration and
Nomination Committee, including an Independent Commissioner
• Assessor and an Executive Officer responsible for human resources or
Board of Commissioners conducts a self-assessment of Board employee representatives.
of Commissioners' performance during 2024.
The decisions of the Committee meetings are made based on
Subsequently, the Board of Commissioners and the Board of Directors consensus and/or majority vote. The outcomes of the Committee
will be held accountable for their performance achievements in 2024, meetings have been recorded in meeting minutes and well-
including the implementation of the duties and responsibilities of the documented. The results of the Committee meetings are always
Board of Commissioners and the Board of Directors at the Annual sought to be considered and recommended to the Board of
General Meeting of Shareholders to be held in 2024. Commissioners for decision-making.
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Corporate Governance Corporate Information Financial Statement Annual Report 179
Corporate Governance
Audit Committee concentration in internal audit from Cleveland State University,
Ohio, United States in 1993.
The Audit Committee is chaired by an Independent Commissioner,
and all members of the Committee are Independent Parties. He started his career as an Auditor at the Financial and
Development Supervisory Agency (BPKP), Jakarta (1983 - 1987).
Structure and membership of the Audit Committee Starting in 2008 until now also as Audit Committee in several
• As per the latest changes in the membership of the Audit companies. Since July 2022, he has been an Independent
Committee, as stipulated in Board of Directors Decree No. 017/ Commissioner at PT Inti Bangun Sejahtera, Tbk. In Apr 2018 - May
SK-DIR/KP-JKT/ III/2024 dated 7 March 2024, the composition of 2022 became the Academic Director at YPIA Internal Audit
the Audit Committee until 31 December 2024 as follows: Development Center and since June 2022 became the Chief
Risk Management & Quality Assurance Executive at YPIA.
Chairman:
Mohamad Hasan (Independent Commissioner) Obtained Qualified Internal Auditor (QIA) in 2000, Certified Risk
Management Professional (CRMP) in 2010, Certification in Risk
Members: Management Assurance (CRMA) in 2013, Chartered Accountant
1. Mohamad Hassan (Independent Party) (CA) in 2014, Certification in Audit Committee Practices (CACP) in
2. Mohammad Sumarsono (Independent Party) 2016, Certified Professional Management Accountant (CPMA) in
2018 Qualified Government Internal Auditor (QGIA) in 2020, Qualified
Expertise Healthcare Internal Auditor (QHIA) in 2021, and Indonesia Internal
Auditor Practitioner (IIAP) in 2022.
Mohamad Hasan
Chairman of the Audit Committee/Independent Commissioner Mohammad Sumarsono
Audit Committee Member/Independent Party
Indonesian citizen born in Palembang in 1944.
Indonesian citizen, born in Surabaya in 1962.
Serving as Chairman of the Audit Committee since 14 March 2017.
He has served as a member of the Risk Monitoring Committee
Obtained a Bachelor of Law degree in 1972 from Sriwijaya University, since 1 September 2021.
Palembang.
He earned his Master of Management degree in 1998 at the IPWI
Appointed as Independent Commissioner on 24 June 2010, and College of Economics, Jakarta.
continued to serve following the merger between Bank Windu and
Bank Anda on 30 November 2016, as per the approval from the In the banking sector, he started his career at PT Bank Bumi Daya, Persero
Financial Services Authority No. SR-104/PB.12/2016. from 1985 - 1999 (before the placement of the position, he received
an Accounting Education for 18 months at the Management Institute
Started his career at Citibank Jakarta from May 1974 to April 1977. of the Faculty of Economics, University of Indonesia, Jakarta) several
Then pursued a career at PT Multinational Finance Corporation assignments that have been given include overseeing the funds, credit,
(PT Multicor) starting May 1977. From August 1985 to October accounting and internal control sections and in 1999 he was part of
1991, served as Executive Director, then from November 1991 to the Bank Mandiri Merger Team for accounting, as an independent
January 2003 as President Director. Later, at PT Bank Multicor, committee member at a national private bank from 2013 to the present
served as an Independent Commissioner from June 2003 to June either as a Risk Monitoring Committee or Audit Committee, as a trainer
2008. From October 2008 to 2009, served as a Commissioner in in the banking sector from 2005 to the present both in bank and non-
several national private companies in Jakarta. And since May 2010, bank financial institutions owned by the government and the private
reappointed as an Independent Commissioner in the Company. sector. In 2021, he obtained level 3 risk management certification.
Outside the banking sector, he started his career in several Public
Mohamad Hassan Accounting firms from 2003 - 2021 as Senior Consultant and
Audit Committee Member/Independent Party Associate Director, in a heavy equipment rental company in 2010
as General Manager, in universities from 2012 - 2017 as Head of the
Indonesian citizen, born in Jakarta in 1960. Financial Accounting Bureau and Head of the Internal Audit Bureau,
as a lecturer in several universities from 2002 - 2020 (National
He has served as a Member of the Audit Committee since 4 May 2021. Lecturer Identification Number / NIDN No. 0304056202), especially
for courses related to the banking sector. In 2017, he obtained audit
He earned his Diploma IV Accounting STAN 1991 and Master of committee certification (Certification of Audit Committee Practices/
Accountancy & Financial Information Systems (MAFIS) with a CACP).
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180 Opening Business and Functional Review Financial Review
Corporate Governance
The Chairman of Audit Committee is committed to ensuring the 4. Reviewing the financial information to be published by the
smooth operation of the Audit Committee and ensuring that the Bank to the public and/or regulatory authorities, including
supervision and evaluation of the bank's accounting practices, financial statements, projected financial statements, and other
internal controls, and financial reporting continue in accordance reports related to the Bank's financial information.
with the Audit Committee Work Plan for 2024. 5. Reviewing complaints related to the Bank's accounting processes
and financial reporting.
Independence 6. Reviewing the Bank's compliance with laws and regulations
All members of the Audit Committee are not members of Board related to its activities.
of Directors of CCB Indonesia or any other bank. 7. Providing independent opinions in the event of differences of
opinion between management and public accountants regarding
There are Audit Committee members from independent parties the services provided.
who hold concurrent positions as Independent Party members of 8. Providing recommendations to the Board of Commissioners
other committees in the same bank, other banks, and/or other regarding the appointment of Public Accountants based on
companies, namely : independence, engagement scope, and fees.
9. Reviewing the implementation of examinations by internal
Mohamad Sumarsono auditors and supervising the implementation of follow-up
- Serving as a member of Audit Committee and Risk Monitoring actions by the Board of Directors on internal auditor findings.
Committee at the same bank. 10. Reviewing and providing advice to the Board of Commissioners
- Serving as an independent committee member in a national regarding potential conflicts of interest in the Bank.
private bank either as Risk Monitoring Committee or Audit 11. Maintaining the confidentiality of documents, data, and
Committee. information obtained by the Bank in carrying out its role.
These concurrent positions have taken into account competence, Term of Office of the Member of Audit Committee
independence criteria, confidentiality, code of ethics, and the Audit Committee is appointed and directly accountable to Board
execution of duties and responsibilities. of Commissioners.
All independent parties who are members of the Audit Committee The term of office for Audit Committee members may not exceed
do not have financial, managerial, share ownership, and/or family the term of office for Board of Commissioners and they may only
relationships with Board of Commissioners, Board of Directors, and/ be re-elected for 1 (one) subsequent term.
or Controlling Shareholders of the Bank.
The membership, composition, and independence of the Audit
Duties and responsibilities Committee members mentioned above have complied with the
Audit Committee is tasked with aiding Board of Commissioners in Financial Services Authority regulations. The membership consists
enhancing the efficiency of fulfilling its duties and obligations, including: of one Independent Commissioner as the Chairman of the Committee
1. Overseeing and assessing the planning and execution of internal and 2 (two) Independent Parties with expertise in finance or
audits, as well as supervising the tracking of internal audit discoveries accounting and in law or banking, as members.
to guarantee the appropriateness and efficacy of operational internal
controls, encompassing those related to financial reporting. Mechanism of Supervision of the Audit Committee over
2. Monitoring and conducting evaluation, at least, on: the Company
• The performance of the Internal Audit Unit. In order to be able to provide recommendations to the Board of
• The adequacy of the audit conducted by public accounting Commissioners, the Audit Committee monitors and evaluates the
firms in accordance with audit standards. planning and implementation of audits as well as the follow-up on
• The conformity of financial statements with financial audit results to assess the adequacy of internal controls, including
accounting standards. the adequacy of financial reporting processes.
• Follow-up actions by Board of Directors on the findings of
the Internal Audit Division, public accountants, and supervisory The monitoring mechanism entails reviewing reports from the
findings of the Financial Services Authority in order to provide Internal Audit Division, Public Accounting Firms, and the Financial
recommendations to Board of Commissioners. Services Authority's Supervision Results during Audit Committee
3. Providing recommendations regarding the appointment of meetings. If needed, relevant divisions or units could also be invited
public accountants and public accounting firms to Board of to these committee meetings as information sources to directly
Commissioners for recommendation to the General Meeting of gather facts.
Shareholders.
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Corporate Governance
The supervision is conducted through monitoring and evaluation of: The Intensity of Reporting from the Audit Committee to
- The performance of the Internal Audit Division the Board of Commissioners
- The provision of services by Public Accounting Firms, including Audit Committee periodically presents reports on its duties to
the adequacy of audit implementation by Public Accounting the Board of Commissioners through meetings between the
Firms in accordance with applicable audit standards Audit Committee and the Board of Commissioners. Subsequently,
- The compliance of financial statements with applicable the Audit Committee provides recommendations to the Board
accounting standards of Commissioners.
- The implementation of follow-up actions by the Board of Directors
on findings from the Internal Audit Division, public accountants, Audit Committee Meetings
and the Financial Services Authority's supervision results. During the year 2024, Audit Committee held a total of 16 (sixteen)
- The annual audit plan by the Internal Audit Division for the year meetings and provided proposals to the Board of Commissioners.
2024. The meetings conducted were as follows:
Mohamad Mohamad
No Date Meeting Agenda
Hasan Hassan
1 15 Jan 2024 Audit progress meeting by KAP EY √ √
2 24 Jan 2024 Results of Audit points for Semester II/2023 √ √
3 21 Feb 2024 Closing Meeting Implementation of the audit of CCBI's Financial Statements for 2023 by √ √
KAP EY
Mohamad Mohamad Mohammad
No Date Meeting Agenda
Hasan Hassan Sumarsono
4 28 Mar 2024 Evaluation of the performance of KAP EY in carrying out the audit √ √ √
engagement on CCBI's financial statements in 2023
5 22 Apr 2024 Q1/2023 Audit Report √ √ √
6 6 May 2024 Internal Audit Development Plan for the next two years √ √ -
7 13 May 2024 Internal Audit Division development strategy for 2024-2026 √ √ √
8 20 May 2024 SOP for Procurement of Goods and Services with focus on Payment √ √ √
Procedures
9 3 Jun 2024 SOP for Procurement of Goods and Services with focus on Payment √ √ √
Procedures
10 9 Sept 2024 Kick Off Meeting KAP EY with Audit Committee of PT Bank CCB Indonesia √ √ √
Tbk
11 19 Sept 2024 1. Follow-up monitoring policy; √ √ √
2. Risk rating policy for reporting;
Update on the progress of the follow-up of Board of Commissioners'
recommendations (Memo No. 013/MI/DEKOM/VI/2024)
12 21 Oct 2024 Q3 2024 published financial statements reported by Finance Division to OJK √ √ √
13 31 Oct 2024 Review of Q3/2023 Internal Audit Results √ √ √
Progress of BOC Recommendation Implementation
14 25 Nov 2024 Review of CCBI Bank's budgeting system √ √ √
15 12 Dec 2024 1. Internal Audit review of CCBI Bank's budgeting system. √ √ √
2. Presentation of the Internal Audit RKAT in 2025;
Realization of training fulfillment (certification and non-certification) of all
Internal Audit personnel in 2023 - 2024
16 19 Dec 2024 1. RKAT Internal Audit that has been improved and equipped with √ √ √
improved risk factor criteria/parameters;
TNA and training realization per individual 2023-2024
Information :
√ : Present at the meeting, - : Not present at the meeting, TC : Via teleconference
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182 Opening Business and Functional Review Financial Review
Corporate Governance
Audit Committee Recommendations
No Date Memo Number Subject
1 16 Apr 2024 003/MI/KA/IV/2024 Results of the Audit Committee's evaluation of the implementation of audit services for the
financial statements of PT Bank CCBI Tbk for the fiscal year 2023 by KAP Purwantono, Sungkoro
& Surja.
2 16 Apr 2024 004/MI/KA/IV/2024 Recommendation of the Audit Committee on the Appointment of Public Accountant Firm to
audit the Financial Statements of PT Bank China Construction Bank Indonesia, Tbk. Financial
Year 2024.
By the end of 2024, the Audit Committee's performance has been Risk Monitoring Committee
judged as satisfactory. The Audit Committee has fulfilled its duties
and responsibilities, executed work programs, and provided Risk Monitoring Committee is chaired by an Independent
recommendations to Board of Commissioners in accordance with Commissioner, and all members of the Committee are Independent
applicable regulations. Parties.
There are no obstacles or restrictions experienced by the CCB Structure and Membership
Indonesia Audit Committee in exercising its authority as referred • In accordance with the latest changes in the membership of
to in article 11 POJK 55/POJK.04/2015. the Risk Monitoring Committee as stipulated in Board of
Directors Decree No. 016/SK-DIR/KP-JKT/III/2024 dated 7
Audit Committee has been involved in various stages of the audit March 2024, the composition of the Risk Monitoring Committee
of the Company's financial statements by the Public Accountant is as follows:
Firm (KAP), namely:
Chairman:
• Audit Committee provided recommendations for the Yudo Sutanto, Nyoo (Independent Commissioner)
appointment of Public Accountants and the Public Accountant
Firm to the General Meeting of Shareholders through the Members:
Board of Commissioners. The recommendations were 1. Mulyadi (Pihak Independen)
communicated through Internal Memo No. 004/MI/KA/IV/2024 2. Mohammad Sumarsono (Pihak Independen)
dated 16 April 2024.
• Audit Committee evaluated the Implementation of Audit Services Expertise
for the Company's historical financial information for the 2023
fiscal year by the Public Accountant Firm (KAP) Purwantono, Yudo Sutanto, Nyoo
Sungkoro, Surja. The evaluation results have been reported to OJK Chairman of Risk Monitoring Committee/Independent Commissioner
through the OJK Reporting system (APOLO) on 16 May 2024.
• CCB Indonesia's Audit Committee has performed the actions Indonesian citizen, born in Malang in 1954.
as referred to in article 10 of POJK 55/POJK.04/2015 regarding
the Establishment and Implementation Guidelines for the Audit He serves as Chairman of the Risk Monitoring Committee since 21
Committee (POJK 55/2015) and the 2024 Annual Report (LT), February 2017.
in connection with the preparation and issuance of the Annual
Financial Report (LKT) as of 31 December 2024. He earned his Bachelor of Finance degree in 1981 at California State
• There were no other actions taken by the CCB Indonesia Audit University, Los Angeles, United States.
Committee in connection with the preparation and issuance
of the 2024 LKT and 2024 LT. Serving as Independent Commissioner since 2 November 2016 in
accordance with the approval of the Financial Services Authority
Audit Committee of CCB Indonesia is able to carry out its duties No. SR-173/PB.121/2016.
independently without any intervention from any party.
Started his career at PT Bank Antardaerah since 1982 in various
Work Programs and Their Realization important positions. In 1986 was appointed as President Director,
Audit Committee has developed a Work Plan and Activity Schedule and in 1999 as Chairman of the Audit Board of PT Bank Antardaerah,
for the year 2024. The planned work and activities were implemented and from March 1999 - November 2016 served as a member of the
in 2024. Board of Commissioners of PT Bank Antardaerah.
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Corporate Governance
Mulyadi Independence
Member of Risk Monitoring Committee/Independent Party All members of Risk Monitoring Committee are not members
of Board of Directors of CCB Indonesia or other Banks.
Indonesian citizen, born in Wonogiri in 1947. Served as a Member
of the Risk Monitoring Committee of China Construction Bank There are members of Risk Monitoring Committee from
Indonesia since 7 March 2024 until now. Obtained a Master of independent parties who have concurrent positions as
Science in Management and Administrative Science from the Independent Party members of other Committees at the same
University of Texas at Dallas, USA in 1983. Previously earned a Bank, namely:
Bachelor of Economics, Department of Accounting, Faculty of
Economics, Gadjah Mada University in 1971. Mohamad Sumarsono
- Serving as a member of the Audit Committee and Risk Monitoring
He has been working as a lecturer of Master of Hospital Management Committee at the same bank.
at Gadjah Mada University since 1995 until now. In addition, he is - Serving as an independent committee member in a national private
a Partner at the Public Accounting Firm S. Mannan, Ardiansyah and bank either as Risk Monitoring Committee or Audit Committee.
Partners, since 2000 until July 2024. He is also a member of the
Audit Committee in several other companies. The concurrent positions have taken into account competence,
independence criteria, confidentiality, code of ethics and
He obtained his Certified Public Accountant (CPA) in 2010, Qualified implementation of duties and responsibilities.
Internal Auditor (QIA) in 2008 and Certification of Audit Committee
Professional (CACP) in 2017. Independent parties who are members of Risk Monitoring
Committee do not have financial, management, share ownership
Mohammad Sumarsono and/or family relationships with the Board of Commissioners, the
Member of Risk Monitoring Committee / Independent Party Board of Directors and/or Controlling Shareholders of the Bank.
Indonesian citizen, born in Surabaya in 1962. Duties and responsibilities
The duties and responsibilities of Risk Monitoring Committee are
Serving as a member of the Risk Monitoring Committee since 1 to assist the Board of Commissioners in order to support the
September 2021. effectiveness of the implementation of its duties and responsibilities.
Obtained his Master of Management degree in 1998 at the IPWI In order to provide recommendations to the Board of Commissioners,
College of Economics, Jakarta. the Risk Monitoring Committee:
1. Provide recommendations to the Board of Commissioners by
In the banking sector, he started his career at PT Bank Bumi Daya, evaluating the suitability of risk management policies and the
Persero from 1985 - 1999 (before the appointment, he received an implementation of these policies.
Accounting Education for 18 months at the Management Institute 2. Monitoring and evaluating the implementation of the duties of the
of the Faculty of Economics, University of Indonesia, Jakarta) several Risk Management Committee and the Risk Management Division.
assignments that have been given include overseeing the funds,
credit, accounting and internal control sections, and in 1999 he Term of office of Risk Monitoring Committee
was part of the Bank Mandiri Merger Team for accounting, as Risk Monitoring Committee is appointed and directly responsible
member of an independent committee in a national private bank to the Board of Commissioners.
in 2013 until now, either as a Risk Monitoring Committee or Audit
Committee, as a trainer in the banking sector since 2005 until now The term of office of members of the Risk Monitoring Committee
both in government and private bank and non-bank financial is adjusted to the term of office of members of the Board of
institutions. In 2021, he obtained level 3 risk management certification. Commissioners and can be reappointed for the next term.
Outside the banking sector, he started his career in several Public Supervisory Mechanism of the Risk Monitoring Committee
Accounting firms from 2003 - 2021 as Senior Consultant and towards the Company
Associate Director, in a heavy equipment rental company in 2010 Supervisory mechanism by evaluating the conformity between risk
as General Manager, in universities from 2012 - 2017 as Head of the management policy and policy implementation through the Risk
Financial Accounting Bureau and Head of the Internal Audit Bureau, Profile Report prepared by the Risk Management Division as well as
as a lecturer in several universities from 2002 - 2020 (National monitoring and evaluating the implementation of the duties of the
Lecturer Identification Number / NIDN No. 0304056202), especially Risk Management Committee. The evaluation results are discussed
for courses related to the banking sector. In 2017 obtained audit in the Risk Monitoring Committee meetings, and if necessary, the
committee certification (Certification of Audit Committee Practices Committee invites the relevant Division or Work Unit as a resource
/ CACP). person to obtain facts/information directly.
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184 Opening Business and Functional Review Financial Review
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Intensity of the Reporting of Risk Monitoring Committee to Board of Commissioners during 2024
Risk Monitoring Committee submits a report on the implementation of its duties to the Board of Commissioners through a meeting
between the Risk Monitoring Committee and the Board of Commissioners. Furthermore, the Risk Monitoring Committee provides
recommendations to Board of Commissioners.
Risk Monitoring Committee Meeting
During 2024, the Risk Monitoring Committee held 11 (eleven) meetings, and provided proposals to the Board of Commissioners. The
meetings that have been held are as follows:
Yudo Mohamad Mohammad
No Date Agenda
Sutanto Hassan Sumarsono
1 24 Jan 2024 Discuss Country Risk and Transfer Risk √ √ √
2 31 Jan 2024 Report Year 2023 Customer Complaint Handling Unit √ √ √
3 28 Feb 2024 1. Implementation of Compliance Division duties until December 2023 √ √ √
Compliance Issue Q4 2023
Yudo Mohamad
No Date Agenda Mulyadi
Sutanto Hassan
4 28 Mar 2024 1. Implementation of Policy/SOP review by Feb 2024 √ √ √
New POJK, its implementation and socialization until Feb 2024
5 29 Apr 2024 NPL position for the first quarter of 2024 √ √ √
6 13 May 2024 Risk Profile position Quarter 1 Year 2024 √ √ √
7 27 Jun 2024 1. Review of the implementation of the Compliance Division's duties during √ √ √
Quarter 2 of 2024 up to 15 June 2024 including the implementation of the
socialization of compliance culture.
Update on related party lending and monitoring system
8 26 Sept 2024 Discussion of making risk monitoring questionnaires for divisions √ √ √
9 16 Oct 2024 Discuss the Bank's compliance with all applicable regulations, as well as how √ √ √
compliance risk mitigation is carried out to avoid potential violations that
could adversely affect the Bank.
10 25 Nov 2024 Explanation of the implementation of risk management in the Operations √ √ √
Division, Trade Operations Division, General Affair Division.
11 23 Dec 2024 Highlight risk profile position September 2024 (Quarter III). √ √ √
Information :
√ : Present at the meeting, - : Not present at the meeting, TC : Via teleconference
Risk Monitoring Committee Recommendations
No Date Memo Number Subject
1 28 May 2024 003/MI/KPR/V/2024 Results of the Risk Monitoring Committee's Review of the Risk Management Implementation
Report for the First Quarter of 2024
2 29 May 2024 004/MI/KPR/V/2024 Review Result of Risk Monitoring Committee on Compliance Report for the First Quarter of
2024
3 27 Jun 2024 005/MI/KPR/VI/2024 Risk Monitoring Committee Review of Consumer Protection Udate Report including Status of
Customer Complaint Handling at CCBI during Q1
4 16 Dec 2024 009/MI/KPR/XII/2024 Review Result of Risk Monitoring Committee on Compliance Report for the Third Quarter of
2024
5 17 Dec 2024 010/MI/KPR/XII/2024 Review of the Risk Monitoring Committee on the Risk Management Implementation Report
for the Third Quarter of 2024 PT Bank CCB Indonesia, Tbk. No: 016/CCBI/DDIR-INT/X/2024
dated 31 October 2024
Until the end of 2024, the Risk Monitoring Committee carried out its duties and responsibilities and provided recommendations to the
Board of Commissioners.
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Corporate Governance Corporate Information Financial Statement Annual Report 185
Corporate Governance
Work Program and Its Realization Qi Jiangong
Risk Monitoring Committee has prepared a Work Plan and Activity Member of the Remuneration and Nomination Committee/
Schedule for the year 2024. Commissioner
The planned work and activities were realized in 2024. Chinese citizen, born in Shanxi, China in 1970. He obtained his
Bachelor of Economics from Renmin University of China in 1992
Remuneration and Nomination Committee and his Master Degree from the University of International Business
and Economics, majoring in International Accounting Management
Remuneration and Nomination Committee is chaired by an and graduated in 1997.
Independent Commissioner, with members consisting of one
Commissioner and one Executive Officer overseeing human Appointed as Commissioner through the GMS on 14 October 2016,
resources. and declared effective from 6 June 2017 to 2 December 2024.
Structure and Membership Subsequently appointed as President Commissioner through Annual
According to the latest changes in the membership of the General Meeting of Shareholders on 7 June 2024 and effective from
Remuneration and Nomination Committee as stipulated in the 2 December 2024 to 20 December 2024.
Board of Directors Decree No. 027/SK-DIR/KP-JKT/II/2019 dated 21
February 2019, the composition of the Remuneration and Nomination Began his career at China Construction Bank Corporation since July 1997
Committee as of 20 February 2019, is as follows: as a Business Manager who is responsible for managing assets/ liabilities.
From October 2000 until March 2001, he held various strategic positions
Chairman: at China Construction Bank Corporation. Furthermore, from March 2001
Mohamad Hasan (Independent Commissioner) until July 2008, he was appointed as Chief Manager and Deputy Chief
Manager who is responsible for the financial market department. Then
Members: in March 2008 until 2 August 2022, he was appointed as Deputy General
1. Qi Jiangong (Commissioner) Manager and Chief Manager of Strategic Investment and Management
2. Irwan Bonto (Head of Human Capital Division) Department, who was in charge of Bank's strategic investments.
Expertise He was appointed as Chairman, Non-Executive Director of BlackRock
CCB Wealth Management Limited on 10 May 2021 until now.
Mohamad Hasan
Chairman of Remuneration and Nomination/Independent Starting 2 August 2022 until now, he was appointed as General
Commissioner. Manager of Financial Institutional Business Department of China
Construction Bank Corporation, who is responsible for the
Indonesian citizen, born in Palembang in 1944. management of the financial institution business.
Serving as the Chairman of the Remuneration and Nomination As a Non-Independent Commissioner, he undertakes the functional
Committee since 22 October 2010. duties from China Construction Bank Corporation (the Bank
shareholders in the form of a legal entity).
Obtained a Bachelor of Law degree in 1972 from Sriwijaya University,
Palembang. Irwan Bonto
Member of Remuneration and Nomination Committee/Executive
Serving as Independent Commissioner since 24 June 2010, until now. Officer
He began his career at Citibank Jakarta from May 1974 to April 1977.
Then he worked at PT Multinational Finance Corporation (PT Multicor) Indonesian citizen, born in Makassar, South Sulawesi in 1965.
from May 1977. From August 1985 to October 1991, he served as
Executive Director, then from November 1991 to January 2003, he Executive Officer, Head of Human Capital Division, serving as a
served as President Director. Then at PT Bank Multicor as an Independent member of the Remuneration and Nomination Committee since 21
Commissioner from June 2003 to June 2008. From October 2008 to February 2019. Obtained a Bachelor of Law degree from Hasanuddin
2009, he served as a Commissioner at several national private companies University, Makassar in 1989. Serving as Head of Human Capital
in Jakarta. And since May 2010, he was reappointed as a Commissioner Operation & Services Division at CCB Indonesia since January 2019,
at the Company. previously as Head of Credit Operation Division at CCB Indonesia
(formerly Bank Windu) from June 2013 to December 2018. Started
his career at Bank Universal (now Permata) from September 1991 to
August 2005 in the Operations field. Then as Corporate Banking
Credit Operation Head at Bank OCBC NISP until May 2013.
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186 Opening Business and Functional Review Financial Review
Corporate Governance
Independence 2) Providing recommendations regarding Independent
All members of the Remuneration and Nomination Committee are Parties who will become members of the Audit
not members of Board of Directors of CCB Indonesia or any other Committee or Risk Monitoring Committee to the Board
bank. of Commissioners.
c. The recommendation procedure for candidates for members
Duties and Responsibilities of the Board of Commissioners, and/or Directors, both local
In line with the scale and complexity of CCB Indonesia's business, and foreign workers, and/or Independent Parties as
the functions performed by the Remuneration and Nomination mentioned above is conducted as follows:
Committee are combined into one committee, namely the 1) The Remuneration and Nomination Committee assesses
Remuneration and Nomination Committee. candidates for members of the Board of Commissioners,
or Directors, both local and foreign workers, or
The roles and responsibilities of the Remuneration and Nomination Independent Parties.
Committee are to assist Board of Commissioners in supporting the a) Assessments are based on the competencies and
effectiveness of their duties and responsibilities, including: track records of the candidates.
1. Regarding remuneration tasks, the Remuneration and Nomination b) In addition, assessments can be conducted through
Committee has the following tasks and responsibilities: interviews with candidates for members of the
a. The Remuneration and Nomination Committee is obligated Board of Commissioners, or Directors, both local
to evaluate remuneration policies and systems. and foreign workers, or Independent Parties;
b. The Remuneration and Nomination Committee is required c) If necessary, the Remuneration and Nomination
to provide recommendations to Board of Commissioners Committee may use independent Professional
regarding: Institutions to conduct assessments.
1) Remuneration policies and systems for Board of 2) Based on the assessment results, the Remuneration
Commissioners and Directors, both local and foreign and Nomination Committee:
workers, to be presented to the General Meeting of a) Provides recommendations for candidates for
Shareholders; Directors and/or Commissioners, both local and
2) Remuneration policies and systems for Executive Officers foreign workers, to Board of Commissioners to be
and employees, both local and foreign workers, as a presented at the General Meeting of Shareholders.
whole, to be presented to Board of Directors. b) Provides recommendations regarding Independent
c. The Remuneration and Nomination Committee is required Parties who will become members of the Audit
to ensure that remuneration policies are at least in line Committee or Risk Monitoring Committee to the
with: Board of Commissioners.
1) Financial performance and reserve fulfillment as regulated
in applicable laws and regulations; Term of Office of the Member of the Remuneration and
2) Individual work performance; Nomination Committee
3) Fairness with peer groups; The Remuneration and Nomination Committee is appointed and
4) Considerations of the Bank's long-term goals and directly accountable to the Board of Commissioners.
strategies.
Members of the Remuneration and Nomination Committee are
2. Regarding nomination tasks, the Remuneration and Nomination appointed for a specific term.
Committee has the following tasks and responsibilities: After the term expires, members of the Remuneration and Nomination
a. The Remuneration and Nomination Committee is obliged Committee may be reappointed for the next term.
to formulate and provide recommendations regarding the
selection and/or replacement procedures for members of The term of membership of the Remuneration and Nomination
the Board of Commissioners and Directors, both local and Committee shall not exceed the term of the Board of Commissioners
foreign workers, to the Board of Commissioners to be as stipulated in the articles of association.
presented to the General Meeting of Shareholders.
b. The Remuneration and Nomination Committee is required The membership, composition, and independence of the members
to provide recommendations: of the Remuneration and Nomination Committee mentioned above
1) Regarding candidates for members of Board of comply with the regulations of the Financial Services Authority. The
Commissioners and/or Directors, both local and foreign membership consists of an Independent Commissioner as the
workers, to the Board of Commissioners to be presented Chairman of the Committee, a Commissioner, and an Executive
to the General Meeting of Shareholders. Officer overseeing human resources.
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Corporate Governance
Mechanism of Oversight by the Remuneration and Intensity of Reporting of the Remuneration and
Nomination Committee towards the Company Nomination Committee to the Board of Commissioners
In order to provide recommendations to Board of Commissioners, Meetings of the Remuneration and Nomination Committee are
the Remuneration and Nomination Committee ensures that the held periodically, resulting in recommendations that are subsequently
remuneration policy complies with applicable laws and regulations. discussed in the Board of Commissioners' meetings, serving as
both a report on the implementation of the Remuneration and
The oversight mechanism involves evaluating the alignment of the Nomination Committee's duties to the Board of Commissioners.
remuneration policy with financial performance and reserve
fulfillment as regulated by applicable laws and regulations; individual Meetings of the Remuneration and Nomination Committee
work performance; fairness with peer groups; and considerations Throughout the year 2024, the Remuneration and Nomination
of the Bank's long-term goals and strategies. Subsequently, the Committee held a total of 7 (seven) meetings and provided proposals
evaluation results are discussed in meetings of the Remuneration to the Board of Commissioners. The meetings conducted were as
and Nomination Committee. follows:
Mohamad Qi Irwan
No Date Meeting Agenda
Hasan Jiangong Bonto
1. 27 Mar 2024 Recommendations for remuneration of foreign workers whose work permits √ - √
have expired and are awaiting work permit decisions.
2. 15 May 2024 1. Recommendation on the amount of employee performance bonus for 2023 √ TC √
2. Proposed 2023 performance bonus for foreign directors
3. 30 May 2024 1. Recommendation for the appointment of the main commissioner of CCBI √ TC √
2. Recommendation for the appointment of a new non-independent
commissioner of CCBI.
4. 8 Jun 2024 Recommendation of notification letter for the Board of Directors for the term √ - √
of 2024 - 2028
5 12 Aug 2024 1. Recommendation for the Appointment of New Non-Independent √ - √
Commissioner
2. Recommendation for the Appointment of President Commissioner
6 27 Aug 2024 Appointment of members of the audit committee and risk monitoring √ TC √
committee under the Board of commissioners
7 18 Nov 2024 Recommendation for CCBI CEO candidate √ TC √
Information :
√ : Present at the meeting, - : Not present at the meeting, TC : Via teleconference
Remuneration and Nomination Committee Recommendations
No Date Letter No. Subject
1 27 Mar 2024 001/KRN/MI/III/2024 Recommendations for remuneration of foreign workers whose work permits have
expired and are awaiting work permit decisions
2 15 May 2024 002/KRN/MI/V/2024 Recommendation for the amount of employee performance bonus in 2023
3 15 May 2024 003/KRN/MI/V/2024 Proposal for 2023 performance bonus for foreign directors
4 30 May 2024 006/KRN/MI/V/2024 Recommendation for the appointment of the president commissioner of CCBI
5 30 May 2024 007/KRN/MI/V/2024 Recommendation for the appointment of CCBI's new non-independent commissioner
6 8 Jun 2024 008/KRN/MI/VI/2024 Recommendation of notification letter for Board of Directors for the term of 2024 - 2028
7 12 Aug 2024 1. 011/KRN/MI/VIII/2024 1. Recommendation for the Appointment of New Non-Independent Commissioner
2. 012/KRN/MI/VIII/2024 2. Recommendation for the Appointment of President Commissioner
8 27 Aug 2024 013/KRN/MI/VIII/2024 Appointment of members of the audit committee and risk monitoring committee under
the Board of Commissioners
9 18 Nov 2024 015/KRN/MI/XI/2024 Recommendation for CCBI president director candidate
As of the conclusion of 2024, the Remuneration and Nomination Committee's performance has been deemed satisfactory. The Remuneration
and Nomination Committee has fulfilled its duties and responsibilities, and provided recommendations to the Board of Commissioners
in accordance with applicable provisions.
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188 Opening Business and Functional Review Financial Review
Corporate Governance
Work Program and Its Realization
The Remuneration and Nomination Committee has formulated the Work Plan and Schedule of Activities for the year 2024. The planned
work and activities have been implemented in 2024.
Assessment of the performance of committees supporting Board of Commissioners' duties
The performance of the Audit Committee, Risk Monitoring Committee, and Remuneration & Nomination Committee is assessed using
the following procedures and criteria:
1. The performance of each committee supporting Board of Commissioners' duties is periodically evaluated by the Board of Commissioners.
2. The criteria for evaluating the performance of each committee include, but are not limited to:
a. Achievement of committee meeting execution,
b. Attendance of each committee member,
c. Administrative order.
Board of Directors
Position 2024 2023
President Director Jiang Yongdong* You Wennan*
Director Zhu Yong Zhu Yong
Director - Chandra N.T. Siagian**
Director Junianto Junianto
Director Setiawati Samahita Setiawati Samahita
Compliance Director Agresius R. Kadiaman Agresius R. Kadiaman
* Mr You Wennan has resigned, effective as of 20 December 2024. The Company would like to express appreciation and gratitude for his services to the Company during
his previous term as President Director of the Company. The position of President Director was replaced by Mr Jiang Yongdong through the Extraordinary General Meeting
of Shareholders (EGMS) on 20 December 2024 and effective on 14 March 2025.
** Mr Chandra N.T. Siagian passed away on 2 May 2024. The Company would like to express its appreciation and gratitude for the services rendered by the deceased during
his tenure as Director of the Company.
No Name Position BI/OJK Approval Letter Date of BI/OJK Approval Reappointed through GMS
1 You Wen Nan President Decision Letter of OJK Board of Commissioners 27 Apr 2018 7 Jun 2024
Director No KEP-88/D.03/2017 dated 27 April 2018
2 Zhu Yong Director Decision Letter of OJK Board of Commissioners 8 Jan 2019 7 Jun 2024
No KEP-4/D.03/2019 dated 4 January 2019
3 Setiawati Samahita Director BI Governor Letter No.12/16/GBI/DPIP/Confidential 8 Feb 2010 7 Jun 2024
dated 8 February 2010
4 Junianto Director BI Governor Letter No. 15/45/GBI/DPIP/Confidential 12 Aug 2013 7 Jun 2024
dated 30 August 2013
5 Agresius Robajanto Compliance Decision Letter of OJK Board of Commissioners 1 Feb 2019 7 Jun 2024
Kadiaman Director No KEP-17/D.03/2019 dated 31 January 2019
The composition of the Board of Directors in 2024 has changed if compared to the composition of the previous period based on the decision
of the Annual General Meeting of Shareholders (AGMS) dated 7 June 2024 and the Extraordinary GMS dated 20 December 2024.
Annual General Meeting of Shareholders held on 7 June 2024
The reappointment of Board of Directors in the Annual General Meeting of Shareholders is intended for the term starting from the closing
of the Annual General Meeting of Shareholders on 7 June 2024, until the closing of the Company's Annual General Meeting of Shareholders
for the fiscal year 2028, with the following composition of the Board of Directors:
President Director : You Wennan
Director : Zhu Yong
Director : Setiawati Samahita
Director : Junianto
Compliance Director : Agresius Robajanto Kadiaman
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Extraordinary GMS held on 20 December 3. Training on “Risk Management for Directors of Commercial
2024 Banks Level 7 Batch 4” by IRPA and BSMR on 17 – 18 July 2024
in Jakarta.
The composition of the members of Board of Directors of the 4. Training “AML, CFT & CPF Refreshment” by CCB Indonesia on
Company whose term of office will expire until the closing of the 17 December 2024 in Jakarta.
annual GMS of the Company for the 2028 fiscal year as follows:
President Director : Jiang Yongdong*) As a President Director, he leads other Directors, and oversees
Director : Zhu Yong Internal Audit Division, Information Technology (IT) Development
Director : Setiawati Samahita Division, IT Operations Management Division, Strategic Transformation
Director : Junianto Division, Credit Operation Division, Digital Banking Division, Anti-
Compliance Director : Agresius Robajanto Kadiaman Fraud Unit and Special Asset Management Division.
With notes:
As a member of Board of Directors, he has adhered to all the
*) The appointment is effective only after obtaining approval from the competent
authorities. requirements stipulated in the Financial Services Authority
Regulation No. 33/POJK.04/2014 (formerly Capital Market Authority
In 2024, the number of members of Board of Directors shall not be Regulation IX.I.6), No. 27/POJK.03/2016, Circular Letter of Financial
less than 3 (three) persons. Services Authority No. 39/SEOJK.03/2016 and has obtained
approval from the Financial Services Authority No. KEP-
88/D.03/2018 dated 27 April 2018.
You Wennan
President Director Zhu Yong
* Served from 2 May 2018 to 20 December 2024 Director of Corporate & International Banking
Chinese citizen, born in Fujian, China in 1967. He obtained a Chinese citizen, born in Guizhou, China in 1975. He earned a Bachelor's
Bachelor's degree in Automatic Control from Northwestern degree in Economics from Shanghai Finance and Economics University,
Polytechnic University - China in 1991. China in 1996 and a Master's degree in Accounting from Tsinghua
University, China in 2008.
He serves as the President Director of the Company since 2 May
2018, based on approval from the Financial Services Authority He serves as Director of the Company since 29 March 2019. He
No. KEP-88/D.03/2018. Previously, he served as a Director of the began his career at China Construction Bank Corporation (CCB) in
Company since 30 November 2016. July 1996 in various key and strategic positions. Starting at CCB
Guizhou Branch in the Accounting Department until February 2001,
He began his career at China Construction Bank ("CCB") in Fuzhou he then moved to CCB Tongren Branch until July 2003 with his last
Branch in September 1991 as a Business Manager. In June 1992, position as the General Manager of the Finance & Accounting
he became the Business Manager of CCB Fujian Province Branch Department. He returned to CCB Guizhou Branch until October
IT Department, then from March 2000 to February 2007, he served 2014, holding the last position as the General Manager of the
as Deputy General Manager. In February 2007, he was assigned Investment Banking Department. In October 2014, he was appointed
to CCB Fujian Province Branch Corporate Banking Department as a Director at CCB Guiyang Jingrui Branch and then in November
as Deputy General Manager. Subsequently, in February 2008, he 2014, he was appointed as the President Director at CCB Guiyang
became the General Manager of CCB Fujian Province Branch Jingrui Branch, where he was responsible for the comprehensive
Institution Clients Department. In March 2010, he became the management of CCB Guiyang Jingrui Branch, including business
General Manager of CCB Longyan Branch. Then, in January 2014, development, internal risk control, and others.
he served as the General Manager of CCB Quanzhou Branch.
Trainings attended in 2024, among others:
In October 2014, he became the deputy director of agency services
companies and management committee at CCB Fujian Branch. 1. Management Training by CCB Corporation on 27 – 29 February
Starting from April 2016, he served in Indonesia as the Deputy Head 2024 in Beijing, China.
of the Preparatory Team until November 2016, when he effectively 2. Training on IT Security “Challenges and Obstacles in Digital
became a Director of the Company. Then, starting from 2 May 2018, Transformation” by CCB Indonesia on 3 April 2024 in Jakarta.
he effectively became the President Director of the Company. 3. Training on “Risk Management for Directors of Commercial
Banks Level 7 Batch 4” by IRPA and BSMR on 17 – 18 July 2024
Trainings attended in 2024, among others: in Jakarta.
1. Training on IT Security “Challenges and Obstacles in Digital 4. Training on “Refreshment for Treasury Certification Level 7” by
Transformation” by CCB Indonesia on 3 April 2024 in Jakarta. ACI Financial Market Association on 12 October 2024 in Jakarta.
2. “RCEP Regional Operation and Management” Seminar by CCB 5. Training “AML, CFT & CPF Refreshment” by CCB Indonesia on
Corporation on 26 June 2024 in Hong Kong. 23 December 2024 in Jakarta.
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190 Opening Business and Functional Review Financial Review
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As a Director, he oversees Transaction Banking Division, China Desk 1 Trainings attended in 2024, among others:
Division, Corporate Banking 2 Division, and Treasury & Financial Institution 1. Training on IT Security “Challenges and Obstacles in Digital
Division. Transformation” by CCB Indonesia on 3 April 2024 in Jakarta.
2. Training on “Risk Management for Directors of Commercial Banks
Notes: Level 7 Batch 3” by IRPA and BSMR on 24 – 25 April 2024 in Jakarta.
Currently, he also temporarily oversees Internal Audit Division, 3. Training “AML, CFT & CPF Refreshment” by CCB Indonesia on
Digital Banking Division, Anti-Fraud Unit and Asset Liability 12 December 2024 in Jakarta.
Management Division.
As a Director, she oversees Commercial Division, Small & Medium
As a member of Board of Directors, he fulfills the requirements as Enterprise (SME) Division, Consumer Assets Division, Liabilities &
stipulated in Financial Services Authority Regulation Number 33/ Branch Network Division and Regions /Branches
POJK.04/2014 (formerly Regulation of Bapepam IX.I.6), Number 27/
POJK.03/2016, Financial Services Authority Circular Letter No.39/ Notes:
SEOJK.03/2016, and has obtained approval from the Financial Services Currently, she also temporarily oversees Credit Operation Division
Authority No. KEP-4/D.03/2019 dated 4 January 2019. and Special Asset Management Division
Setiawati Samahita As a member of Board of Directors, she fulfills the requirements as
Director of Commercial & Retail Banking stipulated in Financial Services Authority Regulation Number 33/
POJK.04/2014 (formerly Regulation of Bapepam IX.I.6), Number 27/
Indonesian citizen, born in Pekanbaru in 1961. She earned a Bachelor's POJK.03/2016, Financial Services Authority Circular Letter No.39/
degree in Agricultural Technology from Bogor Agricultural University SEOJK.03/2016, and has obtained approval from the Financial Services
with a distinction of Magna Cum Laude in 1984 and a Master's Authority No. KEP-103/D.03/2016 dated 30 November 2016.
degree in Management with a specialization in Management from
PPM School of Management Jakarta in 2007 with honors. Junianto
Director of Operation
She has been a Director of the Company since June 2010, and
continued after the merger between Bank Windu and Bank Anda Indonesian citizen, born in Rembang in 1967. He earned a Bachelor's
on 30 November 2016, pursuant to the approval of the Financial degree in Economics/Management from Satya Wacana Christian
Services Authority No. SR-104/PB.12/2016. University - Salatiga (UKSW) in 1991 and a Master's degree in Management
(MM Executive) from Prasetiya Mulya Graduate School - Jakarta in 2002.
She began her career at PT Sanmaru Food Manufacturing (PT Indofood
S.M) as an Assistant Research & Development Manager for Snack He serves as Director of the Company since August 2013, and
Food from March 1985 to March 1986. Then from April 1986 to continued after the merger between Bank Windu and Bank Anda
December 1988, she worked at Radio FEBC Manila Jakarta (YASKI) on 30 November 2016, pursuant to the approval of the Financial
as the Head of Recording Studio. She started her banking career at Services Authority No. SR-104/PB.12/2016.
Bank Bali in June 1990 as part of the Officer Development Program
until December 1990. She then held various positions as an Account He started his career at PT Bank Universal, Tbk (now PT Bank Permata,
Officer from December 1990 to February 1995, as a Team Leader for Tbk) from May 1992 to March 1993 as a Trainee in the Management
Commercial Loans in Bogor from March 1995 to October 1995. She Development Program (MDP). In April 1993, he was appointed as an
was appointed as the General Manager at PT Bank Bali Bogor from Account Officer at the Semarang Branch until May 1995. From June
November 1995 to December 1995. At the same time, she concurrently 1995 to December 1997, he served as a Team Leader for Corporate
served as a Commissioner at BPR Bali Dayaupaya Mandiri from July Banking in Jakarta. Then from January 1998 to December 1999, he
1995 to May 1998. Subsequently, she served as the Chief General served as the Caretaker Head of the Bandung Branch. From January
Manager from January 1996 to May 2000, and then as the General 2000 to March 2003, he held the position of Account Manager in
Manager of Forex Trading Business from June 2000 to August 2000. Jakarta. In April 2003, he became the Team Leader - Parts, Tools &
She then pursued her career at PT Bank Lippo as the Deputy Regional Machinery. Starting from May 2003, he pursued his career at PT Bank
Head from September 2000 to February 2001. She continued her NISP Tbk as the Credit Risk Section Head in Jakarta until December
career at PT Bank OCBC NISP as the Branch Manager of Bogor from 2004. From January 2005 to September 2005, he served as the Commercial
March 2001 to January 2005. She was then appointed as the Branch Credit Development Head. Then from September 2005, he was
Dept Head Reg.2 from February 2005 to June 2006, and as the Region appointed as the Corporate Business Head in Jakarta until January
Head Reg. 5 from July 2006 to January 2009. In January 2009, she 2006. He continued as the Marketing Coordinator in Jakarta V until
held the position of Senior Corporate Executive concurrently as the February 2006. He then served as the Marketing Department Head
Region Head of Sumatra until November 2009. for Regional V Jakarta and Branch Manager of Bekasi concurrently as
the Area Coordinator from February 2006 to January 2009. He continued
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as the Distribution Head in Metro Surabaya (Emerging Business and From November 1999 to July 2002, he worked at the Indonesian Banking
Commercial Head) from January 2009 to June 2010. Starting from July Restructuring Agency (IBRA) in various key positions such as Head of
2010, he pursued his career at PT Bank Windu Kentjana International, Bank Restructuring Division and Head of Risk Management and Compliance
Tbk as the Regional Head for Jabodetabek until December 2010. Then Division. During the period from November 1999 to November 2000,
from January 2011 to August 2013, he was appointed as the Regional he was appointed as a Member of the Management Team at PT Bank
Head for Sumatra, Bali, Pontianak & Jatabek. Bali Tbk as part of the bank's restructuring and recapitalization process.
Trainings attended in 2024, among others: After completing his Master's studies at Nanyang Technology University,
1. Training on IT Security “Challenges and Obstacles in Digital he resumed his career as an Advisor at PT Trans Pacific Petrochemical
Transformation” by CCB Indonesia on 3 April 2024 in Jakarta. Indotama from September 2003 to February 2004. Then in February
2. Training on “Risk Management for Directors of Commercial Banks 2004, he was appointed as the Finance Director at PT Tuban Petrochemical
Level 7 Batch 3” by IRPA and BSMR on 24 – 25 April 2024 in Jakarta. Industries until May 2004. In May 2004, he returned to PT Trans Pacific
3. Socialization of Payment System to Payment Service Provider Petrochemical Indotama until August 2008, with his last position being
Industry by Bank Indonesia on 26 August 2024 in Jakarta. Vice President Director and Chief Financial Officer.
4. The 8th Asia Pacific HR Forum:“Building Healthy and High Performance
Organization: Opportunities and Implementation Strategies”by PT. He continued his career at PT Sampoerna Strategic, Micro Finance
Intipesan Prawira on 4 – 5 September 2024 in Bali. Business Unit, in August 2008 as the Chief Financial Officer and Acting
5. Seminar on “Laveraging Collaboration for Optimal Performance Chief Risk Officer until December 2011. From January 2012 to April
and Cyber Resilience” by PT Rintis Sejahtera on 23 – 25 October 2015, he served as the Finance Director at PT Bank Sahabat Sampoerna.
2024 in Bali.
6. Training “AML, CFT & CPF Refreshment” by CCB Indonesia on He then served as the Country Channel Partner at BIG APC Singapore
30 December 2024 in Jakarta. from May 2015 to July 2016, and during almost the same period,
he was appointed as the President Director of PT Karabha Digdaya
As a Director, he oversees Human Capital Division, Operation from October 2015 to July 2016.
Development Division, Operation Division, Trade Operation Division,
General Affair & Infrastructure Division and Credit Review Division. In July 2016, he was appointed as the Finance Director at PT Sarana
Multi Infrastruktur until July 2018. Meanwhile in September 2016
Notes: he also became an Advisor to Board of Directors at PT Karabha
Currently, he also temporarily oversees IT Development Management Digdaya until early February 2019.
Division, IT Operation Management Division and Accounting & Tax
Division. From September 2018 to early February 2019 he also served as
Advisor to Executive Management on Non-Budget Investment
As a member of Board of Directors, he fulfills the requirements as Financing (PINA), Ministry of National Development Planning.
stipulated in Financial Services Authority Regulation Number 33/
POJK.04/2014 (formerly Regulation of Bapepam IX.I.6), Number 27/ Trainings attended in 2024, among others:
POJK.03/2016, Financial Services Authority Circular Letter No.39/ 1. Training “The Role of the P2SK Law in Providing a Deterrent
SEOJK.03/2016, and has obtained approval from the Financial Services Effect for Illegal Financial Services Actors” by OJK Institute on
Authority No. KEP-109/D.03/2016 dated 30 November 2016. 15 February 2024 in Jakarta.
2. Training on “Risk Management for Directors of Commercial Banks
Agresius Robajanto Kadiaman Level 7 Batch 1”by IRPA and BSMR on 13 – 14 March 2024 in Jakarta.
Director of Compliance 3. Training on IT Security “Challenges and Obstacles in Digital
Transformation” by CCB Indonesia on 3 April 2024 in Jakarta.
Indonesian citizen, born in Jakarta in 1967. He earned a Bachelor's 4. “Training session for Chief Risk Officers of Overseas Institution”
degree in Economics with a major in Management Economics from by CCB Corporation on 13 – 18 October 2024 di Shenzhen, China.
the University of Indonesia in 1991 and a Master of Business Administration 5. Training “AML, CFT & CPF Refreshment” by CCB Indonesia on
from Nanyang Technology University, Singapore in 2003. 31 December 2024 in Jakarta.
Serving as Director of the Company since 6 February 2019. As a Director, he oversees Legal Division, Compliance Division, Risk
Management Division and Corporate Policy Guidelines & Procedures
He began his banking career at Citibank N.A. in April 1991 until Division.
April 1997, holding various positions such as Financial Control Staff,
Relationship Manager, and ultimately serving as Assistant Vice Notes:
President, Financial Institutions and Custody. Currently, he also temporarily oversees Strategic Transformation
Division, Corporate Secretary & Communication and Customer
Subsequently, he continued his career at PT Bank Danamon Tbk Complaint Handling Unit (UP3N).
from May 1997 to November 1999, with his last position being
Head of Treasury and International Division.
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192 Opening Business and Functional Review Financial Review
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As a member of Board of Directors, they meet the requirements as Scope of Work and Responsibilities of Each Member of the
stipulated in Financial Services Authority Regulation Number 33/ Board of Directors
POJK.04/2014 (previously Bapepam Regulation IX.I.6), Number 27/ The scope of responsibility and task division of each member of
POJK.03/2016, Financial Services Authority Circular Letter No. 39/ Board of Directors of CCB Indonesia as of 31 December 2024, is as
SEOJK.03/2016, and have obtained approval from the Financial follows:
Services Authority No. KEP-17/D.03/2019 dated 31 January 2019. 1. The organizational structure of the Bank is designed to support
the fulfillment of the Bank's mission in line with the principles
Duties and Responsibilities of the Board of Directors of Good Corporate Governance, taking into account the functions,
1. Managing the Bank in accordance with its authority and areas of responsibility, and business requirements of the Bank
responsibilities as regulated in the Articles of Association and as a commercial institution.
applicable laws and regulations. 2. Each Director nurtures, leads, and oversees Divisions and/or
2. Formulating short-term and long-term Strategic Plans of the Bank. Units according to the division of supervision as follows:
3. Upholding and implementing the principles of Good Corporate
Governance in all business activities of the Bank at all levels or • President Director, oversees and leads:
stages of the organization. a. Corporate & International Banking Director
4. Cultivating, ensuring, and supervising the Bank's compliance b. Commercial & Retail Banking Director
with internal and external regulations. c. Finance Director
5. Following up on audit findings and recommendations from d. Operations Director
the Bank's Internal Audit Function and Public Accountants, as e. Compliance Director
well as supervisory results from the Financial Services Authority f. Internal Audit Division**)
and/or other authorities with the following provisions: g. Information Technology Development Management
a. Directors are required to attend exit meetings for internal Division***)
audits, external audits, or Financial Services Authority audits h. Information Technology Operation Management
related to the functions they lead. Division***)
b. Directors who cannot attend the exit meeting must be i. Digital Banking Division**)
aware of and sign the exit meeting report. j. Strategic Transformation Division*)
6. When necessary, the Board of Directors may establish special k. Credit Operation Division****)
work units to ensure that audit follow-up actions have been l. Special Asset Management Division****)
properly implemented. m. Anti-Fraud Unit**)
7. Establishing Working Functions to ensure the implementation
of Good Corporate Governance principles, including but not • Corporate & International Banking Director, oversees
limited to: and leads:
a. Risk Management Division, a. Transaction Banking Division
b. Internal Audit Division, b. China Desk 1 Division
c. Compliance Division, c. Corporate Banking 2 Division
d. Corporate Policy, Guidelines & Procedure Division, d. Treasury & Financial Institution Division
e. Legal Division,
f. Anti-Fraud Unit. • Commercial & Retail Banking Director, oversees and
8. Establishing Committees under its purview to support the leads:
effectiveness of the implementation of its duties and a. Commercial Division
responsibilities, including: b. Small & Medium Enterprise (SME) Division
a. Risk Management Committee, c. Consumer Asset Division
b. Credit Policy Committee, d. Liabilities & Branch Network Division
c. ALCO Committee (Asset Liability Committee), e. Regions/Branches
d. Information Technology Steering Committee,
e. Credit Committee, • Finance Director, oversees and leads:
f. Human Capital Committee. a. Corporate Secretary & Communication*)
9. Ensuring that the established committees carry out their duties b. Asset Liability Management Division**)
effectively. c. Accounting & Tax Division***)
10. Not granting general authority to other parties that result in the d. Customer Service and Complaints Resolution Unit
delegation of duties and responsibilities of the Board of Directors. (UP3N)*)
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Corporate Governance
• Operations Director, oversees and leads: The Board of Directors has disclosed the Bank's strategic policies in the
a. Human Capital Division field of human resources, through easily accessible means such as Work
b. Operation Development Division Meetings, Director's Decisions, Circular Letters, emails, or other media.
c. Operation Division
d. Trade Operation Division The Board of Directors does not grant general authority to other
e. General Affair & Infrastructure Division parties that would result in the transfer of the Board of Directors'
f. Credit Review Division duties and functions.
• Compliance Director, oversees and leads: The Board of Directors has guidelines for conducting Board meetings
a. Legal Division and rules of procedure for Board's work, which include provisions
b. Compliance Division for assessing and evaluating Board's performance, by referring to
c. Risk Management Division the Financial Services Authority regulations on Corporate Governance
d. Corporate Policy, Guidelines & Procedure Division for Commercial Banks and regulations on Directors and Commissioners
of Issuers or Public Companies.
*) Temporarily overseen by Compliance Director until a new officer is appointed
**) Temporarily overseen by Corporate & International Banking Director until
a new officer is appointed All meetings are documented in Board Meeting minutes signed
***) Temporarily overseen by Operations Director until a new officer is appointed by all attending members and distributed to all Board members.
****) Temporarily overseen by Commercial & Retail Banking Director until a new
officer is appointed.
The Board of Directors, individually or collectively, do not hold
All members of the Board of Directors of CCB Indonesia do not shares exceeding 25% of the bank's paid-up capital and/or in other
have any financial, managerial, ownership, or familial relationships companies. The integrity, competence, and financial reputation of
with other members of the Board of Directors, the Board of all Board members are deemed adequate.
Commissioners, and/or the Controlling Shareholders that could
affect their ability to act independently. All Board members come from independent parties and do not
have financial, managerial, ownership, or familial relationships with
The President Director comes from an independent party from the other members of the Board of Commissioners, other Directors,
Controlling Shareholders because they do not have any financial, and/or Controlling Shareholders that could affect their ability to
managerial, ownership, or family relationships with the Bank's act independently. Board members have passed the fit and proper
Controlling Shareholders. test and have obtained approval from the Financial Services Authority.
The Implementation of the Board of Directors Meetings
During the year 2024, Board of Directors held a total of 85 (eighty five) meetings, as shown in the table below:
You Zhu Setiawati Chandra Agresius R
No Date Meeting Agenda Junianto
Wennan Yong Samahita Siagian Kadiaman
1 2 Jan 2024 1. Update on BOD Self Assessment √ √ √ √ √ -
2. Financial Updates – as of December 31, 2023
3. Others
2 3 Jan 2024 Final Financial Result – as of December 31, 2023 √ √ √ √ √ -
3 8 Jan 2024 1. Financial Update – as of January 5, 2024 √ √ √ √ √ √
2. AML Report Update
3. Update on Legal Case
4. IT Weekly Update
5. Others
4 15 Jan 2024 1. Financial Update – as of January 12, 2024 √ √ √ √ √ √
2. IT Weekly Update
3. EY Progress Meeting – Financial Audit for the
Year Ending December 31, 2023
4. Discussion on Staff Costs
5 17 Jan 2024 1. Discussion on Staff Cost √ √ √ √ √ √
2. Financial Update – as of January 15, 2024
3. Update on Legal Case
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194 Opening Business and Functional Review Financial Review
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You Zhu Setiawati Chandra Agresius R
No Date Meeting Agenda Junianto
Wennan Yong Samahita Siagian Kadiaman
6 24 Jan 2024 1. Update on OJK Audit Findings - √ √ √ √ √
2. Update on AML System
3. Update on AML Report Progress
4. Financial Updates – as of 23 January 2024
5. Yearly Performance Review in 2023
6. Tax Updates
7. Update on Customer Complaints Handling
Unit (UP3N)
8. Discussion on RBB 2024 – 2026 Presentation
9. Update on Legal Case
7 29 Jan 2024 1. Financial Update – as of January 26, 2024 - √ √ √ √ √
2. Update on Legal Case
8 5 Feb 2024 1. Final Financial Result – as of January 31, 2024 √ √ √ - √ √
2. Financial Updates – as of February 2, 2024
3. Discussion on Performance Mechanism
4. Others
9 12 Feb 2024 1. Financial Updates – as of February 7, 2024 √ - √ - √ √
2. IT Weekly Update
10 15 Feb 2024 1. Financial Updates – as of February 13, 2024 √ - √ √ √ √
2. Others
11 19 Feb 2024 1. Financial Updates – as of February 16, 2024 √ - √ √ √ √
2. IT Weekly Update
3. Tax Update
12 26 Feb 2024 Financial Updates – as of February 23, 2024 √ - √ √ √ √
13 29 Feb 2024 Financial Updates – as of February 28, 2024 √ - √ √ √ -
14 4 Mar 2024 1. Financial Updates – as of February 29, 2024 √ √ √ √ √ √
2. IT Weekly Update
3. Determination of SME targets for fulfilling
RPIM
4. NPL Projections and Loan Impairment
Estimates
5. Others
15 7 Mar 2024 1. Financial Updates – as of March 6, 2024 √ √ √ √ √ √
2. Update Progress on Audit Findings
16 18 Mar 2024 1. Financial Updates – as of March 15, 2024 √ √ √ √ √ √
2. Monthly Performance Review – February
2024
3. IT Weekly Update
4. Others
17 21 Mar 2024 1. Financial Updates – as of March 20, 2024 √ √ √ √ √ √
2. Proposal on Date and Agendas of AGMS
3. Tax Updates
4. Update on Audit Findings Progress
5. Others
18 25 Mar 2024 1. IT Weekly Update √ √ √ √ √ √
2. Financial Updates – as of March 22, 2024
19 28 Mar 2024 1. Financial Updates – as of March 27, 2024 √ √ √ √ - √
2. Update on EY Audit Progress
3. Update on Audit Findings Progress (OJK &
PPATK)
4. Others
20 1 Apr 2024 1. Financial Updates – as of March 31, 2024 √ √ √ √ - √
2. IT Weekly Update
3. Others
21 18 Apr 2024 1. Financial Updates – as of April 17, 2024 √ √ √ √ - √
2. Discussion on Proposed 2nd Agenda for
AGMS
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Corporate Governance Corporate Information Financial Statement Annual Report 195
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You Zhu Setiawati Chandra Agresius R
No Date Meeting Agenda Junianto
Wennan Yong Samahita Siagian Kadiaman
22 22 Apr 2024 1. Financial Updates – as of April 19, 2024 √ √ √ √ - √
2. IT Weekly Updates
3. Others
23 29 Apr 2024 1. Financial Updates – as of April 26, 2024 √ √ √ √ - √
2. Monthly Performance Review – March 2024
3. IT Weekly Updates
4. Update on Audit Findings Progress (OJK and
Joint Audit)
You Zhu Setiawati Agresius R
No Date Meeting Agenda Junianto
Wennan Yong Samahita Kadiaman
24 2 May 2024 Financial Updates – as of April 30, 2024 √ √ √ √ √
25 3 May 2024 Arrangement of BOD Task Distribution √ √ √ √ √
26 13 May 2024 1. Financial Updates – as of May 8, 2024 √ √ √ √ √
2. IT Weekly Update
27 16 May 2024 1. Financial Updates – as of May 15, 2024 √ √ √ - √
2. Discussion on Revised RBB 2024 – 2026
28 20 May 2024 1. Financial Updates – as of May 17, 2024 √ √ √ √ √
2. Discussion on Revised RBB 2024 – 2026
3. Proposed BOD Alternate
4. Update on Audit Plan from CCB Corporation
5. Others
29 27 May 2024 1. Financial Updates – as of May 24, 2024 √ √ √ √ √
2. Update on OJK and Joint Audit Findings
3. Others
30 30 May 2024 Financial Updates – as of May 29, 2024 √ √ √ √ √
31 3 Jun 2024 1. Financial Result – as of May 31, 2024 √ √ √ √ √
2. Preparation on AGMS
3. AML Update Report
4. IT Weekly Update
32 5 Jun 2024 Re-Arrangement of Organization Structure and Division of √ √ √ √ √
BOD Tasks
33 6 Jun 2024 1. Discussion on President Director Authorization √ √ √ √ -
2. Financial Updates – as of June 5, 2024
3. Progress of NPWP 16-digit and Action Plan
4. Proposed BOD Alternate
34 10 Jun 2024 1. Financial Updates – as of June 7, 2024 - √ √ √ √
2. The Bank’s Administration after AGMS
3. Update on Audit Findings Progress
35 13 Jun 2024 1. Financial Updates – as of June 12, 2024 - √ √ √ √
2. Introduction to CCB Corporate Culture
3. Update on Legal Case
4. Legal Proposals of Law Firms for CIPS Agreement
5. Update Progress 16-Digit Tax ID (NPWP)
36 20 Jun 2024 1. Financial Updates – as of June 19, 2024 √ √ √ √ √
2. Update on 16-Digit Tax ID
3. Discussion on Credit Committee Organization
4. Discussion on Bank Guarantee of PT Primanusa Energy
Lestari (PT PEL)
37 24 Jun 2024 1. Financial Updates – as of June 21, 2024 √ √ √ √ √
2. Update on Audit Findings Progress
3. Update on 16-Digit Tax ID
4. Others
38 27 Jun 2024 1. Financial Updates – as of June 26, 2024 - √ √ √ √
2. Discussion on Notary Fee
3. Update on 16-Digit Tax ID
4. Others
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196 Opening Business and Functional Review Financial Review
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You Zhu Setiawati Agresius R
No Date Meeting Agenda Junianto
Wennan Yong Samahita Kadiaman
39 1 Jul 2024 1. Financial Updates – as of June 30, 2024 √ √ √ √ √
2. IT Weekly Update
3. Update on 16-Digit Tax ID
40 4 Jul 2024 Discussion on Draft Audit Findings from CCB Overseas Audit √ √ √ √ -
41 5 Jul 2024 1. Financial Result – as of June 30, 2024 √ √ √ √ √
2. Financial Updates – as of July 3, 2024
3. Discussion on Debtor
42 8 Jul 2024 Financial Updates – as of July 5, 2024 √ √ √ √ -
43 11 Jul 2024 1. Financial Updates – as of July 10, 2024 √ √ √ √ -
2. RPIM Projections
44 15 Jul 2024 1. Financial Updates – as of July 12, 2024 √ √ √ √ -
2. Tax Updates
45 22 Jul 2024 1. Financial Updates – as of July 19, 2024 √ √ √ √ √
2. Discussion on the Debtor
3. Tax Updates
46 29 Jul 2024 1. Financial Updates – as of July 26, 2024 √ √ - √ √
2. IT Weekly Update
3. Update on Legal Case
4. Discussion on Write-off Plan in 2024
5. AML Report for Period June 2024
6. Periodic Training Report I of 2024 (Compliance
Directorate and Customer
7. Update on AML System
47 29 Jul 2024 Update on Mid Annual Meeting from CCB Corporation √ √ √ - √
48 1 Aug 2024 1. Financial Updates – as of July 31, 2024 √ √ √ √ √
2. Update on CIPS Agreement
49 2 Aug 2024 Discussion on Follow-up to the OJK Entry Meeting √ √ √ √ √
50 5 Aug 2024 1. Financial Result – as of July 31, 2024 √ √ √ √ √
2. Visit Plan of CCB Corporation Delegation Team
3. Update on Recovery and Resolution Plan
51 8 Aug 2024 Financial Updates – as of August 7, 2024 √ √ √ - √
52 12 Aug 2024 1. Financial Updates – as of August 9, 2024 √ √ √ - √
2. Preparation on Material Presentation for Delegation Team’
Visit
3. Discussion on Recovery and Resolution Plan
53 16 Aug 2024 1. Financial Updates – as of August 15, 2024 √ √ √ √ √
2. Preparation on Material Presentation for CCB Delegation
54 19 Aug 2024 1. Financial Updates – as of August 16, 2024 √ √ √ √ √
2. Discussion on Providing Funds for JFX Event
3. Preparation on Material Presentation for CCB Delegation
4. IT Updates
55 20 Aug 2024 1. Discussion on Recovery and Resolution Plan √ √ √ √ √
2. Update on Validating Document Regarding Self-
Assessment 2023
56 22 Aug 2024 Financial Updates – as of August 21, 2024 √ √ √ - -
57 26 Aug 2024 1. Financial Updates – as of August 23, 2024 √ √ √ - -
2. IT Weekly Updates
58 29 Aug 2024 1. Financial Updates – as of August 28, 2024 √ √ √ √ √
2. Discussion on Recovery and Resolution Plan
3. Update on OJK Audit Findings in Batam Branch
4. Update on Customer Complaint Handling (UP3N)
5. Discussion on Preparation Material of Delegation Visit
Page 197
Corporate Governance Corporate Information Financial Statement Annual Report 197
Corporate Governance
You Zhu Setiawati Agresius R
No Date Meeting Agenda Junianto
Wennan Yong Samahita Kadiaman
59 2 Sept 2024 1. Financial Updates – as of August 31, 2024 √ - √ √ -
2. IT Weekly Update
60 12 Sept 2024 1. Financial Result – as of August 31, 2024 √ - √ √ √
2. Financial Updates – as of September 11, 2024
3. Update on Legal Case
61 17 Sept 2024 Financial Updates – as of September 13, 2024 √ √ √ √ √
62 23 Sept 2024 Financial Updates – as of September 20, 2024 - √ √ √ √
63 26 Sept 2024 Financial Updates – as of September 25, 2024 - √ √ √ √
64 30 Sept 2024 1. Financial Updates – as of September 27, 2024 √ √ √ √ √
2. Update on OJK Audit Findings in Makassar Branch
65 1 Oct 2024 Discussion on Recovery Plan & Resolution Plan √ √ √ √ √
66 3 Oct 2024 1. Financial Update - 30 September 2024 (before ECL) √ √ - √ -
2. Tax Updates
67 7 Oct 2024 1. Financial Result - 30 September 2024 √ √ √ √ √
2. Financial Updates - 4 October 2024
3. IT Weekly Update
68 10 Oct 2024 1. Financial Updates – 9 October 2024 √ √ √ √ √
2. Discussion on Draft RBB 2025 – 2027 to BOC
69 14 Oct 2024 1. Financial Updates – 11 October 2024 √ √ √ √ -
2. Legal Case 555 Update
3. IT Weekly Updates
70 21 Oct 2024 Financial Updates – 18 October 2024 √ √ √ √ √
71 24 Oct 2024 1. Financial Updates – 23 October 2024 √ √ √ - √
2. Update on OJK Letter
3. Discussion on RBB 2025 – 2027
4. Update on AML, CFT and CPF
5. Update on Legal Case
72 28 Oct 2024 Financial Updates – 25 October 2024 √ √ √ √ √
73 31 Oct 2024 Financial Updates – 30 October 2024 √ √ √ √ √
74 4 Nov 2024 Financial Result – 31 October 2024 √ √ √ √ √
75 7 Nov 2024 Financial Updates – 6 November 2024 √ - √ - √
76 11 Nov 2024 1. Financial Updates – 8 November 2024 √ √ √ - √
2. Updates on OJK Audit
77 14 Nov 2024 Financial Updates – 13 November 2024 - √ √ √ √
78 21 Nov 2024 Financial Updates – 20 November 2024 - √ √ √ √
79 28 Nov 2024 1. Financial Updates – 27 November 2024 √ √ √ √ -
2. RBB Updates
80 2 Dec 2024 1. Financial Updates – 30 November 2024 √ √ √ √ √
2. IT Development Updates
81 5 Dec 2024 1. Financial Result – 30 November 2024 √ √ √ - √
2. Financial Updates – 4 December 2024
3. POJK 15 - Regarding the Integrity of Bank Financial
Reporting
82 12 Dec 2024 Financial Updates – 11 December 2024 √ √ √ - -
83 16 Dec 2024 1. Financial Updates – 13 December 2024 √ √ √ - √
2. Update on EGMS – 20 December 2024
84 23 Dec 2024 Financial Updates – 20 December 2024 - √ √ √ √
85 30 Dec 2024 1. Financial Updates – 27 December 2024 - √ √ √ -
2. Tax Updates
Information :
√ : Present at the meeting, - : Not present at the meeting, TC : Via teleconference
Page 198
198 Opening Business and Functional Review Financial Review
Corporate Governance
Meeting of the Board of Directors with the Board of Commissioners
During 2024, the Board of Directors held meetings with the Board of Commissioners 4 (four) times.
No Date Meeting Agenda Attended by
1 31 Jan 2024 1. Information on Annual Meeting of CCB Corporation Mohamad Hasan
2. Discussion on Main Points from OJK regarding the Bank’s Business Plan Yudo Sutanto
You Wennan
Setiawati Samahita
Zhu Yong
Junianto
Agresius R. Kadiaman
2 6 May 2024 Report on the Arrangement of BOD Task Distribution Mohamad Hasan
You Wennan
Zhu Yong
Junianto
3 5 Jun 2024 The Proposal of the Implementation of “Delegation of Authorization Plan” Qi Jiangong
Mohamad Hasan
Yudo Sutanto
You Wennan
Setiawati Samahita
Zhu Yong
Junianto
Agresius R. Kadiaman
4 18 Nov 2024 Discussion on Recovery Plan and Resolution Plan Qi Jiangong
Mohamad Hasan
Yudo Sutanto
You Wennan
Setiawati Samahita
Zhu Yong
Junianto
Agresius R. Kadiaman
Training attended by members of the Board of Directors during 2024, including:
Name Training Date Organizer/Venue
You Wennan Training on IT Security “Challenges and Obstacles in 3 April 2024 CCB Indonesia
Digital Transformation”
Seminar “RCEP Regional Operation and Management” 26 June 2024 CCB Corporation, Hong Kong
Training on “Risk Management for Directors of 17 – 18 July 2024 IRPA & BSMR
Commercial Banks Level 7 Batch 4”
Training “AML, CFT & CPF Refreshment” 17 December 2024 CCB Indonesia
Zhu Yong Management Training 3 Apr 2024 CCB Corporation
Training on IT Security “Challenges and Obstacles in 3 April 2024 CCB Indonesia
Digital Transformation”
Training on “Risk Management for Directors of 17 – 18 July 2024 IRPA & BSMR
Commercial Banks Level 7 Batch 4”
Training “Refreshment for Treasury Certification Level 7” 12 October 2024 ACI Financial Market Association
Training “AML, CFT & CPF Refreshment” 23 December 2024 CCB Indonesia
Page 199
Corporate Governance Corporate Information Financial Statement Annual Report 199
Corporate Governance
Name Training Date Organizer/Venue
Setiawati Samahita Training on IT Security “Challenges and Obstacles in 3 April 2024 CCB Indonesia
Digital Transformation”
Training on “Risk Management for Directors of 24 – 25 April 2024 IRPA & BSMR
Commercial Banks Level 7 Batch 3”
Training “Refreshment APU, PPT & PPPSPM” 12 Desember 2024 CCB Indonesia
Training “AML, CFT & CPF Refreshment” 12 December 2024
Junianto Training on IT Security “Challenges and Obstacles in 3 April 2024 CCB Indonesia
Digital Transformation”
Training on “Risk Management for Directors of 24 – 25 April 2024 IRPA & BSMR
Commercial Banks Level 7 Batch 3”
Socialization of Payment System to Payment Service 26 August 2024 Bank Indonesia
Provider Industry
The 8th Asia Pacific HR Forum: “Building Healthy and 4 – 5 September 2024 PT Intipesan Prawira
High Performance Organization: Opportunities and
Implementation Strategies”
Seminar on “Laveraging Collaboration for Optimal 23 – 25 October 2024 PT Rintis Sejahtera
Performance and Cyber Resilience”
Training “AML, CFT & CPF Refreshment” 30 December 2024 CCB Indonesia
Agresius R. The Role of the P2SK Law in Providing a Deterrent Effect 15 February 2024 OJK
Kadiaman for Illegal Financial Services Actors
Risk-Based Mentoring Program for Money Laundering 15 February 2024 PPATK
Crimes (TPPU) and Terrorism Financing Acts (TPPT)
Originating from Human Trafficking Crimes.
Risk-Based Mentoring Program for Money Laundering 16 February 2024 PPATK
Crimes (TPPU) and Terrorism Financing Acts (TPPT) in
Financial Technology in 2024
Socialization of Bye Laws Implementation 23 February 2024 Perbanas
Indonesian Banking Road to Net Zero Emission 4 March 2024 OJK
Training on “Risk Management for Directors of 13 – 14 March 2024 IRPA & BSMR
Commercial Banks Level 7 Batch 1”
Training on IT Security “Challenges and Obstacles in 3 April 2024 CCB Indonesia
Digital Transformation”
Coordination meeting of the Collaborative Analysis 7 May 2024 PPATK
Team (CAT) Work Team Related to Elections and
Regional Head Elections “Optimizing Synergy and
Collaboration to Realize Simultaneous Regional Head
Elections in 2024 that support National Integration”
Focus Group Discussion (FGD) “Readiness of Banking 5 June 2024 FKDKP
Industry in the Implementation of Law No.27 Year 2022
& Government Regulation on Personal Data Protection”
Periodic Training I Year 2024 - Compliance Directorate of 29 June 2024 CCBI
China Construction Bank Indonesia
Webinar “Maintaining Compliance of Financial Services 15 July 2024 OJK
Business Actors in Supporting Inclusive Economy
through Supervision, Financial Education and
Consumer Protection in the Complexity of Financial
Products”
Overseas Institution Risk Management Leaders and SPV 13 – 18 October 2024 CCB Corporation
Training Program
Training “AML, CFT & CPF Refreshment” 31 December 2024 CCB Indonesia
Page 200
200 Opening Business and Functional Review Financial Review
Corporate Governance
Company Policy on the Evaluation of Directors' Credit Policy Committee
Performance and Its Implementation This Committee assists the Board of Directors in formulating policies,
monitoring the development and condition of the credit portfolio,
• Procedure for Assessing the Performance of Board of and providing improvement measures.
Directors
1. The performance of Board of Directors is assessed based Information Technology Steering Committee
on specific criteria recommended by the Remuneration
and Nomination Committee. The Information Technology Steering Committee (IT) is tasked with
2. The results of Board of Directors' performance assessment managing and monitoring the Bank's use of Information Technology,
is disclosed in the Annual Report and presented at the including providing recommendations to Board of Directors
Annual General Meeting of Shareholders. regarding the formulation of IT Strategic Plans aligned with the
Bank's Strategic Plans, formulation of IT policies and procedures, IT
• Criteria Used risk management, and monitoring the compliance of approved IT
The criteria for evaluating the performance of Board of Directors projects with IT Strategic Plans and user needs to support Bank's
include, but are not limited to: business activities.
1. Achievement of business targets,
2 Achievement of short-term and long-term company plans, Credit Committee
3 Achievement of budgets and revenues,
4 Achievement of OJK Ratings targets related to Good Corporate The Credit Committee is responsible for approving credits or credit
Governance and the Bank's Health Level. extensions up to the credit limits determined by the Board of
Directors and maintaining the quality of the credits provided so
• Assessing Parties that the determination of credit quality and the formation of
The parties responsible for evaluating the performance of Board provisions for productive assets are carried out in accordance with
of Directors are Board of Commissioners and the Annual General the bank's prudential principles.
Meeting of Shareholders (RUPS). Subsequently, the Board of
Directors and Board of Commissioners will be held accountable Human Capital Committee
for their performance achievements in the 2023 period, including
the implementation of duties and responsibilities of the Board The Human Capital Committee is tasked with recommending
of Commissioners and Board of Directors at the Annual General improvements to HR policies, establishing a company code of
Meeting of Shareholders held in 2024. ethics, proposing current year performance bonus budgets, mass
employee salary adjustments, approving deviations from provisions
The Board of Directors' performance assessment policy is related to HR.
contained in CCB Indonesia's General Policies and Guidelines
in Board of Directors' Code of Conduct which can be accessed All Committees formed under Board of Directors have established
through the Company's website (idn.ccb.com). Henceforth, Work Guidelines as references for each Committee in its role of
the results of the assessment will be disclosed assisting Board of Directors.
Subsidiary Committees under the Board of Assessment of the Performance of Committees
Directors Supporting the Execution of Board of Directors'
Duties
As of the end of 2024, there are 6 (six) committees in CCB Indonesia,
consisting of: The performance of the Risk Management Committee, Credit
Policy Committee, ALCO Committee, Information Technology
Asset and Liability Committee (ALCO) Steering Committee, Credit Committee, and Human Capital
Committee is evaluated based on the following procedures and
The Asset and Liability Committee is responsible for managing the criteria::
Bank's assets and liabilities. More broadly, ALCO also has the task 1. The performance of each Committee supporting the execution
of managing liquidity, interest rate management, foreign exchange of Board of Directors' duties is periodically evaluated by Board
management, investment management, and gapping management. of Directors.
2. The criteria for evaluating the performance of each committee
Risk Management Committee include, but are not limited to:
a. Achievement and conduct of committee meetings,
The Risk Management Committee assists the Board of Directors in b. Attendance of each committee member,
reviewing policies and delegating responsibilities to determine c. Administrative orderliness,
policies and procedures, and ensuring that business units have d. Success of decisions made during committee
properly implemented the strategies approved by Board of Directors. meetings.
Page 201
Corporate Governance Corporate Information Financial Statement Annual Report 201
Corporate Governance
Implementation of Compliance Function the Director overseeing the Compliance Function. The Compliance
Division is established at the Bank's headquarters but implements
CCB Indonesia is committed to complying with applicable laws Compliance Functions throughout the Bank's office network.
and regulations, both issued by Bank Indonesia and other authorities. Additionally, within the organizational structure of the Compliance
The implementation of the Compliance Function at CCB Indonesia Division, the Corporate Policy, Guidelines & Procedures Division
refers to Financial Services Authority Regulation No. 46/POJK.03/2017 has also been established.
dated 12 July 2017 concerning the Implementation of Compliance
Functions for Commercial Banks. The Bank has provided quality human resources in the Compliance
Division to carry out tasks effectively.
The Compliance Function includes actions to achieve Compliance
Culture at all levels of CCB Indonesia's organization and business The Compliance Director and Compliance Division have established
activities; managing Compliance Risks faced; ensuring that policies, policies and guidelines to ensure the compliance, adequacy, and
provisions, systems, procedures, and business activities conducted effectiveness of the compliance function's role throughout the
by the Bank has complied with Bank Indonesia regulations, as well bank's organizational structure.
as the applicable laws and regulations; ensuring the Bank's compliance
with commitments made by CCB Indonesia to the Financial Services The Bank has made improvements by enhancing the implementation
Authority, Bank Indonesia, and/or other relevant supervisory authorities. of the AML CFT and CPF programs through the provision of AML
System outside core banking, improvements and refinements to
CCB Indonesia has established Compliance Policy and General all Policies, Guidelines, and SOPs (KSOPs), as well as updating KSOPs
Guidelines as well as Compliance Function Implementation Guidelines. in connection with the application of new regulatory provisions
and the Bank's business developments.
In accordance with Article No. 46/POJK.03/2017 dated 12 July 2017
concerning the Implementation of Compliance Functions, the Bank The increased role of the compliance function is continuously
is required to have a Director overseeing the Compliance Function carried out to assist the bank's compliance improvement process,
and to establish a Compliance Work Unit. reflected in efforts made, among others, through the issuance of
compliance news, compliance opinions, compliance reviews,
The obligation to have a Director overseeing the Compliance Function compliance checklists, compliance campaigns, bank regulation
has been fulfilled by appointing Mr. Agresius R. Kadiaman as Compliance socialization, as well as acting as liaison officers to the Financial
Director through the Annual General Meeting of Shareholders dated 7 Services Authority, Bank Indonesia, and other regulators.
January 2019. Based on the Decree of OJK Commissioner No. KEP-
17/D.03/2019 dated 31 January 2019, and OJK Letter No. SR-32/PB.12/2019 The level of compliance of the Bank with all applicable
dated 1 February 2019, the appointment of Mr. Agresius R. Kadiaman regulations and laws as well as the fulfillment of
as Compliance Director of CCB Indonesia has been approved by the commitments with the relevant authorities
OJK. The appointment became effective on 6 February 2019.
The Bank has ensured compliance with the regulations of the
Furthermore, based on the Annual General Meeting of Shareholders Financial Services Authority, Bank Indonesia, and applicable laws
(AGMS) dated 7 June 2024, it was decided that the AGMS approved and regulations, including by:
the reappointment of members of Board of Directors and members - Establishing necessary measures while adhering to the principle
of the Board of Commissioners of the Company for the term commencing of prudence
from the closing of the meeting until the closing of the Company's - Monitoring, maintaining, and ensuring that the Bank's activities
Annual General Meeting of Shareholders for the 2028 fiscal year. do not deviate from regulations
- Monitoring and ensuring the Bank's compliance with all agreements
The Assignment, Appointment and Resignation of the Director and commitments made by the Bank to the Financial Services
overseeing the Compliance Function have been in accordance Authority and other authorized regulatory bodies.
with applicable provisions.
Administrative Sanctions
The Director overseeing the Compliance Function has submitted
quarterly reports on the implementation of his duties and • Administrative sanctions imposed on the Company
responsibilities to the President Director, with copies to Board of In 2024, there were still several reporting-related sanctions
Commissioners, and semi-annually to the Financial Services Authority, imposed by the Regulator on CCB Indonesia. In response to
with copies to the President Director and Board of Commissioners. the non-compliance, the Bank has made corrections and
established follow-up measures to ensure that similar non-
The Bank has established Compliance Division, which include the compliance does not occur again.
AML CFT Transaction Analysis & Reporting Section and the • Administrative sanctions imposed on members of the
Compliance AML CFT Policy & Advisory Section, which are formed Board of Commissioners
independently, meaning they are formed separately and free from In 2024, no administrative sanctions were imposed on members
the influence of other work functions, and have direct access to of the Board of Commissioners of the Company.
Page 202
202 Opening Business and Functional Review Financial Review
Corporate Governance
• Administrative sanctions imposed on members of the The organizational structure of the Bank's IAU is in accordance with
Board of Directors applicable regulations.
In 2024, no administrative sanctions were imposed on members
of the Board of Directors of the Company. CCB Indonesia has established Policies and General Audit
Guidelines, an Internal Audit Charter, and is equipped with
Implementation of the Internal Audit several Standard Operating Procedures (SOPs), including
Operational Audit SOPs, Credit Audit SOPs, Treasury Audit SOPs,
Function Trade Financing Audit SOPs, and Information Technology Audit
Based on Financial Services Authority Regulation No. 1/POJK.03/2019 SOPs.
dated 28 January 2019 regarding the Implementation of the Internal
Audit Function in Commercial Banks, CCB Indonesia has established CCB Indonesia provides quality resources to the Internal Audit
the Internal Audit Unit (IAU), which is an independent functional unit Division to effectively carry out its tasks.
from operational units and reports directly to the President Director.
Page 203
Corporate Governance Corporate Information Financial Statement Annual Report 203
Corporate Governance
Rita Fitria
Internal Audit Head (SKAI)
• Effective since 24 May 2023, IAU is led by Ms. Rita Fitria. ▪ Internal Audit Manager of Treasury Division (02/11/2015 -
01/02/2017)
Education: ▪ Compliance Manager of Treasury Division (20/01/2014 -
• 2008-2009 Queensland University of Technology (QUT) Master 01/11/2015)
of Business Advanced (International Business) ▪ Compliance Manager of Business Banking and International
• 1996 – 2000 Syahkuala University Bachelor of Accounting Transaction (01/01/2012 - 19/01/2014)
▪ Compliance Development Manager (11/11/2011--
Certifications: 31/12/2012)
1. Brevet CAP (Credit Application Package) ▪ Manager of Business Banking, Treasury and International
2. Brevet Corporate Finance Policy (11/02/2010 - 10/11/2011)
3. Brevet Global Business ▪ Internal Audit Division (03/09/2002 - 01/02/2008)
4. ISO 9001:2015 (Quality Management System) ▪ The appointment of Ms. Rita Fitria as Head of Internal Audit
5. ISO 30301:2019 (Record Management) Division has been reported to the Financial Services Authority
6. ISO 37001:2016 (SMAP) through letter No. 126/CCBI/DDIR-OJK/V/2023 dated 26
7. Procurement Certification (LKPP) May 2023.
8. Certified Banking Internal Audit (CBIA) Level Supervisor
9. Certified Banking Internal Audit (CBIA) Level Auditor Effectiveness and scope of internal audit in assessing
10. Compliance Certification all aspects and elements of the Bank's activities
11. Risk Management Certification Level 1
12. Risk Management Certification Level 2 The Internal Audit Division is responsible for conducting independent
and effective examinations of all aspects and elements of activities that
Experience: are directly expected to affect the interests of the Bank and the public.
1. Queensland University of Technology Indonesia Community
(QUIC) (2017- 2021) The results of the Internal Audit Division's examination, along with
Vice President QUIC its follow-up recommendations, are reported directly to the President
2. Prasetya Mulya University (July 2016 – present) Director and the Board of Commissioners represented by the Audit
Part-Time Lecturer of Business School (Treasury Management) Committee, with a copy to the Director Overseeing Compliance
3. Ikatan Auditor Intern Bank (IAIB) Functions. Subsequently, the Board of Commissioners will oversee
a. Manage Certification of Certified Banking Internal Auditor and confirm that management has taken necessary corrective
(CBIA) for Auditor Level and Supervisor Level. actions based on the examination results.
b. Provide Certified Banking Internal Auditor (CBIA) Training
of Auditor Level and Supervisor Level. CCB Indonesia maintains effective and efficient execution of internal
4. The Institute of Internal Auditors (IIA) Indonesia control systems by closely monitoring the outcomes of follow-up
Provide training of Internal Audit Training for Financial Service actions implemented by the auditee. In the absence of follow-up
Authority (OJK) actions, the Internal Audit Division will verify with the relevant party
5. InfoBank Institute and issue an internal memo for further action. Supervisory procedures
Provide training of Anti Money Laundering have been consistently applied, fostering a supportive atmosphere
6. PT Bank Negara Indonesia (Persero) Tbk for internal control endeavors.
▪ Internal Audit Manager of Business Banking (01/01/2020-
May 2023) In addition to conducting auditing activities, the Internal Audit Division
▪ Internal Audit Manager of Procurement and Fixed Asset consistently acts as a consultant to internal parties at CCB Indonesia
(02/02/2017 - 30/12/2020) who require assistance, particularly regarding internal control systems.
Page 204
204 Opening Business and Functional Review Financial Review
Corporate Governance
The Board of Directors of CCB Indonesia is responsible for creating The appointment of the Public Accounting Firm has been reported
the internal control structure and ensuring the functioning of to the OJK Banking Supervisory Authority through letter No. 192/
CCB Indonesia's internal audit function at every management CCBI/DDIR-OJK/VII/2024 dated 19 July 2024.
level. Every Examination Result Report (LHP) reported to the
President Director is circulated to all Directors with a copy to the The appointed Public Accountant and Public Accounting Firm,
Audit Committee. With this mechanism, every finding will be namely "Purwantono, Sungkoro & Surja" (a member of Ernst &
brought to the attention of management and promptly addressed Young), is registered as the auditor of the Bank with the Financial
according to their respective areas. Services Authority, with No. STTD.KAP-03/PM.22/2018 dated 15
January 2018.
The internal oversight function by the Internal Audit Division is conducted
using systematic audit methods and a risk-based audit approach, The auditor performs its duties objectively. The Audit of the Financial
prioritizing supervision on processes or units with higher risks. Statements ending on 31 December 2024, was conducted based
on employment agreement No. 0048/PSS/07/2024.
Overall, during 2024, the implementation of the internal oversight
function has been satisfactory. The Public Accountant conducts independent audits, complies
with professional standards for public accountants and employment
The Bank periodically reviews the effectiveness of the Internal agreements, and the audit scope set, and has communicated with
Audit implementation and its compliance with the Standards for the Financial Services Authority regarding the audited Bank's
Implementing the Internal Audit Function of Commercial Banks conditions for audit preparation and implementation.
by external parties every three years. The last report of the review
results was reported to the Financial Services Authority through The implementation of the Audit Service Provision by the Public
letter No. 210/CCBI/DDIR-OJK/VIII/2023 dated 25 August 2023. Accounting Firm "Purwantono, Sungkoro & Surja" (a member of
Ernst & Young) to audit the CCB Indonesia's financial statements
Implementation of External Auditor Function for the 2024 fiscal year will be evaluated by the Audit Committee,
and the results will be reported to the OJK.
In accordance with the Financial Services Authority's regulations
regarding the Use of Public Accountant and Public Accounting Firm The following is the disclosure of Information on the Use of Public
Services in Financial Services Activities as stipulated in POJK No. 9 of Accountant Services (AP) and Public Accounting Firm (KAP) in
2023 and OJK Circular Letter No. 18/SEOJK.03/2023, the Bank appoints tabular form:
Public Accountants and Public Accounting Firms registered with the
Financial Services Authority to audit the Annual Financial Statements. No Item 2024
1 Name of Public Christophorus Alvin Kossim,
The appointment of Public Accountants and Public Accounting Accountant Registered Public Auditor No. AP.1681
Firms to audit the Company's financial statements for the 2024 2 Name of Public Public Accounting Firm Purwantono,
fiscal year is made based on recommendations from the Audit Accounting Firm Sungkoro & Surja, Registered Public
Committee to the Board of Commissioners. Accountant KMK No. 603/KM.1/2015
3 Audit Fee for each type Audit 31 December 2024 : IDR
The Audit Committee has recommended the appointment of Public of service provided by 1,972,192,500 (including VAT and out
Accountants and Public Accounting Firms to the AGM through the the public accountant of pocket expenses)
in the last fiscal year
Board of Commissioners. The recommendation was conveyed
through Internal Memo No. 004/MI/KA/IV/2024 dated 16 April 2024. 4 Other services from Nil
Public Accounting Firm
in the last fiscal year
The Board of Commissioners has recommended the Public Accounting
Firm "Purwantono, Sungkoro & Surja" (a member of Ernst & Young)
to audit the CCB Indonesia's financial statements for the 2024 fiscal Implementation of Risk Management including
year, through the Board of Commissioners Meeting held on 15 May Internal Control Systems
2024.
The Bank has an adequate organizational structure to support the
The Annual General Meeting held on 7 June 2024, approved the implementation of risk management and internal control, including
appointment of the Public Accounting Firm "Purwantono, Sungkoro the establishment of the Internal Audit Division, Risk Management
& Surja" (a member of Ernst & Young) to audit the Company's Division, Risk Management Committee, Risk Monitoring Committee,
financial statements for the 2024 fiscal year. and Compliance Division.
Page 205
Corporate Governance Corporate Information Financial Statement Annual Report 205
Corporate Governance
a. Active Oversight by the Board of Commissioners and the - Reputation Risk Guidelines
Board of Directors - Liquidity Risk Guidelines
The Bank has defined clear authority and responsibilities at - Market Risk Guidelines
each level of position related to the implementation of Risk - Operational Risk Guidelines
Management. - Credit Risk Guidelines
- Internal Capital Adequacy Assessment Process (ICAAP)
The Board of Commissioners plays an active role in overseeing Guidelines
the implementation of risk management, including: - Risk-Based Bank Health Level Guidelines
- Approving and evaluating Risk Management policies, - Asset & Liability Management (ALMA) Guidelines
including strategies and Risk Management frameworks. - Business Continuity Management (BCM) and Business
- Evaluating the accountability of the Board of Directors and Continuity Plan (BCP) Guidelines
providing guidance for improvements in the periodic - New Product and Activity Guidelines
implementation of Risk Management policies. - CKPN Guidelines
- Implementation Guidelines for The Three Lines of Defense (3LD)
In overseeing the implementation of risk management, the Board - Interest Rate Risk in The Banking Book Guidelines
of Commissioners is assisted by the Risk Monitoring Committee. - Information Technology Policy and General Guidelines
The active role of the CCB Indonesia Board of Directors is c. Adequacy of Risk Identification, Measurement, Monitoring,
demonstrated by: and Control Processes and Risk Management Information
- Developing, evaluating, and updating Risk Management System
policies, including strategies and Risk Management CCB Indonesia has implemented risk management policies
frameworks. aimed at ensuring that risks arising from its activities can be
- Ensuring that the Risk Management function is applied identified, measured, monitored, managed, and reported,
independently. ultimately benefiting shareholders and the public. To achieve
- Developing, establishing, and updating procedures and this goal, the bank has formed a Risk Management Committee
tools for identifying, measuring, monitoring, and controlling and a Risk Management Division tasked with establishing
risks. Risk Management Policies to address emerging risks, improve,
- Being responsible for the implementation of Risk Management and enhance the implementation of Risk Management.
and evaluating and providing guidance based on reports
submitted by the Risk Management Function, including Essentially, the risk management process is carried out by
risk profile reports. each unit, considering that the risks faced are individual
- Ensuring the implementation of corrective measures for risks inherent in the products, transactions, and processes
issues or deviations in the bank's operations identified by of the respective units. To assist in managing risk
the Internal Audit Division. management, CCB Indonesia has established a Risk
- Cultivating a Risk Management culture, including risk Management Function responsible for monitoring the
awareness at all levels of the organization. implementation of risk management policies approved by
Board of Directors and periodically reviewing the risk
In ensuring the proper implementation of risk management, the management process, including assessing any proposals
Board of Directors is assisted by the Risk Management Committee. for new products and activities.
Efforts to enhance the implementation of risk management The implementation of Risk Management at CCB Indonesia
are periodically discussed in the Board of Commissioners includes ac tive management oversight, polic y
Meetings, Committee Meetings, and/or Board Meetings. implementation, procedures, and limit setting. The bank
has also identified, measured, monitored, and controlled
b. Adequacy of Policies, Procedures, and Limit Setting risks and implemented risk control systems.
The Bank has adequate policies, procedures, and risk limit
settings to support the implementation of risk management, In the context of risk management processes, the Risk
including: Management Division has prepared a Risk Profile Report
- Risk Management Policy and General Guidelines using methods in accordance with the Financial Services
- Risk Profile Guidelines Authority regulations on the Implementation of Risk
- Strategic Risk Guidelines Management for Commercial Banks as regulated in FSA
- Compliance Risk Guidelines Regulation No. 18/POJK.03/2016 and FSA Circular Letter
- Legal Risk Guidelines No. 34/SEOJK.03/2016.
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206 Opening Business and Functional Review Financial Review
Corporate Governance
The mechanism for assessing risk profile reports involves assessment methodologies, competent human resources,
determining risk levels and ratings referring to and aligned and adequate infrastructure systems to identify and collect
with the assessment of Bank Health Level based on risk or operational risk data. Some assessment models include
Risk-Based Bank Rating (RBBR) and other relevant Financial the identification and measurement of operational risks
Services Authority regulations. The risk profile report is already owned by the Bank, including:
prepared periodically and then reported to the Board of a. Operational Risk Self-Assessment
Directors for discussion in the Risk Management Committee. b. Operational key risk indicators
c. Operational Risk Incident Form
d. Comprehensive Internal Control System
As a manifestation of the Bank's commitment to implementing Bank wide, risk identification and measurement are
Good Corporate Governance and applying risk management in conducted on several key indicators that are considered
healthy and prudent banking practices, CCB Indonesia conducts to represent the operational risks of the bank. These
comprehensive oversight functions that are independent and indicators are grouped into five major categories: Business
objective. In principle, the implementation of the internal control Characteristics and Complexity, Human Resources,
system is carried out through inherent control mechanisms within Information Technology and Supporting Infrastructure,
each work unit, including direct supervision by superiors over Fraud, and External Events. The ultimate result of this
subordinates, compliance with standard operating procedures, and identification and measurement is the bank's operational
other internal control mechanisms. The oversight function ensures risk profile, which is reported to the Financial Services
that the internal control system functions as intended, overseen by Authority (OJK) every quarter.
the Internal Audit Division reporting directly to the CEO.
The Risk Management Division continuously monitors
Internal oversight functions by the Internal Audit Division are both overall and loss event occurrences in the bank's
conducted using systematic audit methods and a risk-based core activities, applying internal oversight and periodic
audit approach, prioritizing oversight of processes or units with reporting on the consequences of Operational Risk.
higher risks. Mechanisms for operational risk mitigation include
internal control processes for information technology
• Financial and operational controls, as well as compliance process security, regular reviews of operational activities,
with other regulatory requirements. Business Continuity Management development to ensure
sustainable operations, and loss limits in the event of
The Bank's Operational Risk Management primarily aims business interruptions. The Bank has developed an
to minimize the negative impact of internal process failures, Emergency Plan (Business Continuity Plan) along with
human errors, system failures, and/or external events. its security management. The Bank consistently
implements an Anti-Money Laundering (AML) program,
Governance & Organization in managing operational risks, including the Know Your Customer (KYC) principle, in
risk owners are responsible for the risks occurring in their line with operational risk exposure, outlined in written
respective departments. Risk control procedures are governed policies and procedures.
by the Bank's comprehensive policies and procedures in
each department. Additionally, the Bank has implemented an Anti-Fraud
Strategy as a commitment to controlling fraud incidents
The Risk Management Division oversees operational risk through fraud risk management.
management in the Bank by coordinating with
departments to address material operational risk issues Internal controls in the Bank's financial and operational
so that these risks can be controlled early on. activities are conducted from the initial process before
engaging with customers and/or third parties, through
The Bank's Policies and Procedures have been supplemented recording processes, to report preparation.
with Operational Risk Management Policies to support
the implementation of operational risk management The Bank operates based on the four-eyes principle,
across all units. The Bank's Risk Management Process where the bank officer inspecting transactions is different
includes the identification, measurement, monitoring, from the one executing them. Financial statements are
control, and determination of operational risk limits. The prepared following Indonesian accounting standards,
Bank continuously identifies operational risks inherent in subsequently reported to regulators and disclosed to
specific business lines. This is done by periodically assessing the public, adhering to regulatory requirements and
parameters that affect the exposure of operational risks. applicable laws.
In measuring operational risks, the Bank has accurate risk
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Corporate Governance Corporate Information Financial Statement Annual Report 207
Corporate Governance
To ensure compliance with regulatory requirements, the In order to strengthen the internal control system and comply
compliance function documents the issuance of new with the Bank's Governance Structure, there has been a
regulatory provisions or revisions to previous ones by: (i) restructuring, improvement, and updating of the General
compiling compliance news and presenting it to the Policies and Guidelines, Guidelines, and Standard Operating
Board of Directors and related divisions, (ii) identifying Procedures (SOP).
obligations arising from the aforementioned regulatory
provisions and communicating them to the relevant Throughout the year 2024, the Bank has issued new and revised
divisions to fulfill said obligations, (iii) assessing the impact internal regulations, detailed as follows:
on the Bank's business activities and internal regulations,
and determining whether adjustments to internal Number of
regulations are necessary, (iv) reviewing drafts of new Internal KSOP
Number issued Number
No Provision documents
internal regulations and/or revisions to internal regulations (new) revised
Document until the end of
to ensure compliance with the latest regulatory provisions. 2024
1 General 2 8 27
Furthermore, the Bank's business activities, including but Policies and
not limited to financial and operational areas, are conducted Guidelines
following the policies and procedures established by the (KPU)
Bank based on applicable regulatory requirements. 2 Guidelines 2 8 27
3 Standard 4 22 74
• Review of the effectiveness of the internal control system Operating
Procedure
(SOP)
Overall, the quality of the internal control system has shown
satisfactory results. CCB Indonesia strives to operate the Total 175
internal control system effectively and efficiently, and oversight
procedures have been consistently implemented, maintaining To ensure the optimal implementation of Standard Operating
a supportive environment for internal control efforts. Significant Procedures (KSOP), the Bank has distributed KSOP to all Bank
internal auditor findings have been reported to the Financial Offices according to their respective portions and conducted
Services Authority in accordance with applicable regulations. KSOP socialization to all Bank Offices.
Additionally, issues related to the adequacy of internal controls
have been reported to management, and follow-up measures
have been taken to minimize risks.
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208 Opening Business and Functional Review Financial Review
Corporate Governance
Corporate Secretary
Thomas Widianto
Corporate Secretary
Corporate Secretary plays a crucial role in enforcing Good Corporate In 2010 – 2016 he held the position of Regional Head at PT Bank
Governance practices at CCB Indonesia, especially regarding Windu Kentjana International Tbk. In November 2016 the Bank was
transparency, while also ensuring adherence to current capital renamed as PT Bank China Construction Bank Indonesia Tbk (“CCB
market regulations and guidelines. The appointment of the Corporate Indonesia”), and subsequently from 2017 he served as Strategic
Secretary is intended to uphold CCB Indonesia's reputation and Transformation Division Head.
safeguard its interests by nurturing effective communication and
relationships with stakeholders through diverse public relations In accordance with Financial Services Authority Regulation No. 35/
initiatives. Additionally, the Corporate Secretary serves as the liaison POJK.04/2014 concerning the Corporate Secretary of Issuers or
between the Board of Directors and external parties, particularly Public Companies, appointed as Corporate Secretary of PT Bank
investors, the capital market community, and shareholders, in all China Construction Bank Indonesia Tbk effective as of 13 November
communication matters. 2024 based on Board of Directors' Decree No. 103/CCBI/XI/2024
dated 1 November 2024.
The Primary Functions of the Corporate Secretary are as follows:
1. Acting on behalf of the Board of Directors in interactions with Implementation of the Corporate Secretary's duties during the year
external entities, notably investors, the capital market community, 2024 are as follows:
pertinent institutions, and shareholders.. 1. Coordinate and handle the preparation of 2023 Annual Report
2. Monitoring the Company's compliance with capital market and 2023 Sustainability Report in accordance with the format
regulations and provisions. of circular letter of OJK No. 16/SEOJK.04/2021, can be completed
3. Assisting the Board of Directors and the Board of Commissioners on time on 25 April 2024 and in accordance with Capital Market
in upholding adherence to the Articles of Association and other Supervisory provisions, including reporting to OJK, IDX and
regulatory requirements to support the Company's operations. other external parties.
4. Undertaking activities that support the implementation of 2. Manage the coordination of the “2023 Parent Entity Annual
transparency principles, especially concerning CCB Indonesia's Report” reporting to OJK, as required to be completed and
performance through communication with interested parties. reported by 23 April 2024.
3. Handle the preparation of 2023 Annual Report to CoFTRA /
Mr. Thomas Widianto serves as the Corporate Secretary of CCB Bappepti (Commodity Futures Trading Supervisory Agency)
Indonesia. He resides in Jakarta, was born in Yogyakarta in 1971. according to the new format of CoFTRA / Bappepti regulations
on 6 March 2024.
He earned a Bachelor's degree in Economics from Atmajaya University, 4. Coordinate the preparation and reporting of "2023 Management
majoring in Management Economics in Yogyakarta. and Supervision Report of Board of Commissioners" for Bank
Indonesia (BI) in accordance with the provisions, which can be
He began his career in Banking from 1995 – 2003 at Bank Danamon completed and reported on 23 April 2024.
in Central Java with the last position as Business Manager. Then 5. Coordinate the holding of Annual General Meeting of Shareholders
from 2003 – 2010 he worked at Bank NISP, Yogyakarta as a Business (AGMS) for 2023 fiscal year in a hybrid manner, namely with
Manager and the last position as Business Coordinator. limited physical presence and also electronically using eASY.
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Corporate Governance Corporate Information Financial Statement Annual Report 209
Corporate Governance
KSEI application for e-Proxy, e-Voting and zoom viewing of Status and Handling of Commercial Bank Problems, and complete
AGMS on 7 June 2024 at CCB Indonesia head office, which can submission to OJK on 25 November 2024.
be implemented smoothly and can meet the quorum of AGMS. 21. Coordinate and support the preparation of the Resolution Plan
The reporting regarding the minutes of AGMS and Public Expose for the first time in accordance with the Deposit Insurance
to OJK, Indonesian Stock Exchange, Websites and other agencies, Corporation Regulation No. 2 Year 2024 on Resolution Plan for
as well as disclosure of information to the public which has Commercial Banks, and completed submission to LPS on 25
been carried out in accordance with regulations. November 2024.
6. Coordinate and attend Board of Directors Meetings and ensure 22. Coordinate the holding of Extraordinary General Meeting of
the frequency of meetings is in accordance with applicable Shareholders (EGMS) in a hybrid manner, namely with limited
regulations, fulfillment of the meeting quorum, as well as the physical presence and also electronically using eASY.KSEI
preparation and administration of minutes of meeting results application for e-Proxy, e-Voting and zoom viewing of EGMS
throughout 2024, as well as coordinating with Board of on 20 December 2024 at CCB Indonesia head office, which can
Commissioners regarding the implementation of BOC and BOD be implemented smoothly and can meet the quorum of AGMS.
Meetings, BOC Meetings and also Committee Meetings. The reporting regarding the minutes of AGMS and Public Expose
7. Maintain and update the website of CCB Indonesia throughout to OJK, Indonesian Stock Exchange, Websites and other agencies,
2024. as well as disclosure of information to the public which has
8. Handle requests for data or information from external parties, been carried out in accordance with regulations.
shareholders, mass media and stakeholders regarding CCB
Indonesia throughout 2024. The implementation of the Corporate Secretary’s duties generally
9. Establish communication and reports to OJK (Capital Market achieved according to the planned work program during the year
Supervisor and Bank Supervisor), Bank Indonesia, IDX, KSEI, AEI, 2024.
BAE, Perbanas, LPS, Website and supporting professions as well
as other related institutions in accordance with provisions The trainings attended by Corporate Secretary in 2024, among
throughout 2024. others:
10. Coordinate the administration of Head Office Secretariat and 1. Webinar “Updating the Risk Management Certification Scheme
numbering of correspondence / memos / BOD Decree. Material Level / Qualification 6 Based on SKKNI Number 218 of
11. Coordinate and support the preparation of Revision RBB 2024- 2020 & KKNI Number KEP-18/D.02/2021” by GPS & Partners
2026 and submit it to OJK on 26 June 2024. Consulting Group on 31 January 2024 in Jakarta
12. Coordinate the implementation of corporate social responsibility 2. Webinar “Economic and Financial Outlook in 2024” by Financial
"CCBI Care" during 2024, namely providing assistance to Services Authority Institute (OJK Institute) on 22 February 2024
orphanages, providing school assistance, sustainable greening in Jakarta
programs and others that are still being implemented well. 3. Webinar “Digitalization, Innovation, and the Future of Asset
13. Coordinate and support the preparation of the Bank Business Management” by China Construction Bank - Hong Kong Training
Plan (RBB) 2024 – 2026 and submit it to the OJK on 28 November Center on 5 March 2024 in Hong Kong
2024. 4. Socialization of the “Indonesian Taxonomy of Sustainable Finance
14. Manage and coordinate the 'Corporate Rating' of the Independent (TKBI)” in an effort to achieve net zero emissions (NZE) and the
Rating Agency from June - September 2024 and completed Sustainable Development Goals (SDGs) by Financial Services
successfully on 2 September 2024. Authority on 6 March 2024 in Jakarta
15. Manage the 2025 desk calendar printing, including design 5. Webinar Series “Setting Your Sail on the Indonesia Carbon
selection, can be completed by 20 November 2024. Trading Ecosystem Part I - Net Zero Megatrend: A Business
16. Manage the preparation of the Financial Literacy Report Perspective” by Indonesia Stock Exchange (IDX) and Indonesia
(semester), semester II/2023 has been reported on 4 January Carbon Exchange (IDX Carbon) on 14 March 2024 in Jakarta.
2024 and semester I/2024 has been reported on 8 July 2024. 6. Webinar “Scope 3 Emissions & GHG Verification” by Indonesian
17. Coordinated the organizing of the 2024 Annual Meeting on 1 Issuers Association (AEI) and the Global Reporting Initiative
– 2 February 2024 with 115 participants, which was attended (“GRI”) on 26 March 2024 in Jakarta
by Board of Commissioners, Board of Directors, Division Heads, 7. Focus Group Discussion (FGD) “Climate Risk Management and
Regional Heads and Branch Managers throughout Indonesia. Scenario Analysis Guidance” by Financial Services Authority,
18. Manage the preparation of the Securities Holder Register Report Prospera and Moody's Analytics on 28 March 2024 in Jakarta
(monthly), as required before the 10th of each month. 8. Workshop on “Global Sustainable Finance Landscape and ESG/
19. Manage the preparation of the Related Party List Report Climate Data & Disclosures” by Financial Services Authority and
(semester), semester II/2023 has been reported on 23 January Bloomberg Global Events on 23 April 2024 in Jakarta.
2024 and semester I/2024 has been reported on 10 July 2024. 9. Webinar “How to Prevent Greenwashing in Sustainable Finance”
20. Coordinate and support the preparation of the Recovery Plan by Financial Services Authority Institute (OJK Institute) and The
for the first time in accordance with Financial Services Authority London Institute of Banking and Finance on 16 May 2024 in
Regulation No. 5 of 2024 concerning Determination of Supervisory Jakarta
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210 Opening Business and Functional Review Financial Review
Corporate Governance
10. Training “IDX Net Zero Incubator Program - Module 1” by enhance and facilitate supervision over fund provision to related
Indonesia Stock Exchange (IDX) and IDX Carbon on 1 August parties, CCB Indonesia has established and updated a detailed list
2024 in Jakarta of related parties, which includes entities having control relationships
11. Webinar “Comprehensive Guide to Integrated Annual Report with the Bank, whether directly or indirectly, through ownership,
Excellence” by Indonesian Issuers Association (AEI) and Lembaga management, and/or financial relationships.
Manajemen Keuangan & Akuntansi (LMKA) on 9 August 2024
in Jakarta During the year 2024, the implementation of fund provision by the
12. Webinar “Deepening POJK No. 42/POJK.04/2020 concerning Bank to related parties and/or large exposures has:
Affiliated Transactions and Conflict of Interest Transactions & - Adhered to the provisions regarding Legal Lending Limit (LLL)
POJK No. 17/POJK.04/2020 concerning Material Transactions and observed prudent principles as well as applicable regulations.
and Changes in Main Business Activities” by Financial Services - Considered capital adequacy and portfolio diversification of
Authority (OJK) and Indonesia Corporate Secretary Association fund provision.
(ICSA) on 15 August 2024 in Jakarta
13. Online Training “IDX Net Zero Incubator Program - Module 2” Transparency of the Bank's financial and non-
by Indonesia Stock Exchange (IDX) and IDX Carbon on 20-21 financial conditions not disclosed in other reports
August 2024 in Jakarta.
14. Seminar “Sustainable Finance Taxonomy” by Financial Services CCB Indonesia transparently discloses its financial and non-financial
Authority and Bloomberg Global Events on 22 August 2024 in conditions to stakeholders, including announcing quarterly Financial
Jakarta Publication Reports and reporting them to the Financial Services
15. Online Training “IDX Net Zero Incubator Program - Module 3” Authority (Bank Indonesia) or stakeholders according to applicable
by Indonesia Stock Exchange (IDX) and IDX Carbon on 10-11 regulations. Comprehensive financial conditions have been presented
September 2024 in Jakarta in the Financial Reports.
16. Webinar “Financial Services Authority Regulations Refreshment
for Public Company Issuers - Series 1: POJK related to Periodic CCB Indonesia conducts self-assessment of Good Corporate
Reports” by Indonesian Issuers Association (AEI) in collaboration Governance implementation semi-annually, namely in June and
with Financial Services Authority (OJK) on 10 September 2024 December, and prepares a Good Corporate Governance
in Jakarta Implementation Report at the end of each fiscal year in accordance
with applicable provisions.
Provision of funds to related parties and large
exposure CCB Indonesia has submitted the Good Corporate Governance
Implementation Report to Shareholders, the Financial Services
In carrying out its activities, CCB Indonesia conducted several fund Authority, and relevant parties according to applicable provisions,
provision transactions with related parties and large exposure. and has timely published the Report on the bank's website.
Transactions with related parties and large exposure refer to Financial
Services Authority Regulation No. 32 /POJK.03/2018 dated 26 December CCB Indonesia transparently discloses information on Bank products
2018, regarding the Maximum Limits for Credit Provision and Large according to Financial Services Authority and Bank Indonesia
Fund Provision for Commercial Banks as amended by Financial Services regulations regarding Bank Product Information Transparency and
Authority Regulation No. 38 /POJK.03/2019 dated 19 December 2019. Use of Customer Personal Data. Information on products and
services is disseminated to the public through various promotional
The following is a report on fund provision to related parties and means/media such as brochures, leaflets, websites, and notice
large exposure as of 31 December 2024: boards across CCB Indonesia's network of branches.
Total CCB Indonesia has Policies and General Guidelines for Customer
No. Provision of Funds Protection as well as Standard Operating Procedures for Customer
Number of Nominal
Debtors (in million IDR) Service and Complaint Resolution. The Bank transparently
1 To Related Parties 20 580,254 communicates the procedures for customer complaints and dispute
resolution to customers in accordance with Financial Services
2 To Core Debtors
a. Individual 8 11,383,955 Authority and Bank Indonesia regulations and establishes a Customer
b. Group 12 8,543,994 Complaint Handling and Resolution unit/function.
Each customer complaint received is handled and resolved within
The Bank has Policies and General Guidelines for Credit Provision, the prescribed timeframe. Mediation for the resolution of customer
Policies and General Guidelines for Providing Funds to Related complaints is conducted effectively. Reports on handling and
Parties and Large Exposures. Providing funds to Related Parties resolution of customer complaints are periodically submitted to
requires approval from Board of Commissioners. Additionally, to the Financial Services Authority and Bank Indonesia every quarter.
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Corporate Governance Corporate Information Financial Statement Annual Report 211
Corporate Governance
Press Releases/Publications 2024
No. Date Daily/Magazine/Website News
1 8 January 2024 Web Bank Prime Lending Rate Report
2 5 February 2024 Web Bank Publication Report December 2023
3 5 February 2024 Web Bank Audited Financial Statement December 2023
4 6 February 2024 Web Bank Key Metrics Report December 2023
5 7 February 2024 Web Bank Basel III Capital Disclosure Q4 2023
6 7 February 2024 Web Bank Prime Lending Rate Report
7 15 February 2024 Web Bank Publication Report January 2024
8 14 March 2024 Web Bank Publication Report February 2024
9 6 March 2024 Web Bank Prime Lending Rate Report
10 1 April 2024 Web Bank Parent Entity Report Q4 2023
11 16 April 2024 Web Bank Prime Lending Rate Report
12 30 April 2024 Web Bank Publication Report
13 30 April 2024 Web Bank Key Metrics Report March 2024
14 30 April 2024 Web Bank Basel III Capital Disclosure Q1 2024
15 30 April 2024 Web Bank Financial Statement Q1 2024
16 7 May 2024 Web Bank Prime Lending Rate Report
17 21 May 2024 Web Bank Publication Report
18 6 June 2024 Web Bank Prime Lending Rate Report
19 10 June 2024 Web Bank Publication Report
20 8 July 2024 Web Bank Prime Lending Rate Report
21 8 July 2024 Web Bank Leverage Ratio Report
22 30 July 2024 Web Bank Interim Financial Statement June 2024
23 30 July 2024 Web Bank Publication Report
24 30 July 2024 Web Bank Quantitative Information Report June 2024
25 30 July 2024 Web Bank Key Metrics Report June 2024
26 30 July 2024 Web Bank Basel III Capital Disclosure June 2024
27 31 July 2024 Web Bank Parent Entity Report June 2024
28 6 August 2024 Web Bank Prime Lending Rate Report
29 12 August 2024 Web Bank Publication Report
30 9 September 2024 Web Bank Prime Lending Rate Report
31 17 September 2024 Web Bank Publication Report
32 21 October 2024 Solo Post Relocation of Solo Branch Office
33 7 October 2024 Web Bank Prime Lending Rate Report
34 28 October 2024 Web Bank Publication Report
35 28 October 2024 Web Bank Key Metrics Report September 2024
36 28 October 2024 Web Bank Basel III Capital Disclosure Q3 2024
37 28 October 2024 Web Bank Quarterly Financial Statement Q3 2024
38 7 November 2024 Web Bank Prime Lending Rate Report
39 14 November 2024 Web Bank Publication Report
40 7 December 2024 Web Bank Prime Lending Rate Report
41 11 December 2024 Web Bank Publication Report
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212 Opening Business and Functional Review Financial Review
Corporate Governance
Bank‘s Strategic Plan ▪ Ensuring adequate CAR for business development
In business development, CCB Indonesia always ensures CAR
In line with the vision and mission, and considering the current business sufficiency, especially in line with expanding business in the
scale, CCB Indonesia in the short and medium term continues to direct corporate banking sector, with large-scale credits, which
its business policies towards the implementation of good corporate require adequate capital support. The KPMM or CAR ratio
governance, cautious business growth in the corporate banking, small position is maintained within safe limits, considering capital
and medium-sized enterprises (SMEs), and consumer banking segments, add-ons based on risk profile assessments, and capital buffers
increasing the CASA (Current Account and Saving Account) ratio, according to Basel III implementation. Organic capital addition
optimizing and deepening business operations, IT system development, is also achieved through the Bank's profit acquisition from
driving process effectiveness and cost efficiency, and enhancing the 2025 to 2027. The Bank also seeks to increase revenue through
professionalism and competency of human capital. fee-based income, in addition to interest income. Moreover,
the Bank constantly monitors liquidity sufficiency and maintains
The Bank's policy direction is aligned with the current government the Loan to Deposits Ratio (LDR) at a safe level to uphold
programs for infrastructure financing and supporting the development adequate liquidity positions.
of the SME sector.
▪ Implementation of good corporate governance and risk
Short-term Policy Directions of the Bank management system upgrading
Consistent, continuous, comprehensive, and integrated
1. Cautious volume growth in the corporate banking segment, implementation of good corporate governance across all lines
SMEs (including commercial) and consumer credit. and task forces. Development of more advanced risk management
2. Optimization and deepening of business operations from systems, supported by three lines of defense. Integrating the
existing branch networks. Bank's risk management system with global risk management
3. Development of e-banking and forward-looking IT systems to systems, designed to comprehensively identify, measure,
support effective, fast, easily accessible, reliable, and convenient monitor, and manage Bank risks enterprise-wide.
processes and services.
4. Achieving financial performance for greater efficiency and ▪ Optimization of existing branches
better margins. The current branch network of 73 offices is optimized to drive
5. Enhancing the overall quality, professionalism, and competency healthy and effective business growth based on prudential
of human resources. principles.
Medium-term Policy Directions of the Bank ▪ Enhancement of human capital quality
Improvement of human capital quality through increased scale
1. Integrated implementation of good corporate governance, risk of training programs and more diverse development
management, internal control systems, and compliance functions. opportunities, including sending employees for training abroad.
2. Continuing infrastructure enhancement programs (e-banking By strengthening focused and professional training, competent
systems, organizational and human resources) to support human capital will be produced, receiving competitive
business development. remuneration.
Strategic Measures to be Implemented by the Bank ▪ Strengthening IT system infrastructure
IT System infrastructure is also developed to enhance service
▪ Developing business cautiously and conservatively quality to a higher level. Effective, fast, reliable, and accessible
CCB Indonesia will cautiously and conservatively seek business services will increase customer satisfaction, making the Bank
volume growth in the corporate banking sector, targeting more competitive in services and gradually moving towards
support from corporate clients in Indonesia, both local and digital banking.
foreign, as well as infrastructure projects in line with the
government's program. In this regard, to leverage CCB's expertise The Bank's Business Plan for 2025-2027 was submitted to the
in infrastructure financing and trade finance. Financial Services Authority on 20 November 2024, through letter
No. 296/CCBI/DDIR-OJK/XI/2024.
CCB Indonesia will also continue to develop the SME and consumer
banking sectors. Furthermore, with the broad scope of the CCB Other Information Related to Good
group, integrated products/services will be developed to enhance
integrated services.
Corporate Governance
During 2024, there were no other interventions from owners,
In business development, keep considering the harmony of internal disputes, or issues arising as a result of the Bank's remuneration
economic, social and environmental objectives. policy.
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Corporate Governance Corporate Information Financial Statement Annual Report 213
Corporate Governance
Ownership of shares by members of the Board of Commissioners and Directors reaching 5%
As of 31 December 2024, there were members of the Board of Commissioners who owned shares in Other Companies in Indonesia
reaching 5% or more, as follows:
Type of Company
No. Name Shares Ownership Company Name
(Bank/LKBB/Other)
1 Yudo Sutanto, Nyoo 25.00% PT Hakim Sentausa Others
25.00% PT Trio Indah Sentausa Others
27.50% PT Sejahtera Inti Carbon Persada Others
20.00% PT Oesowilangun Others
All members of the Board of Commissioners do not have ownership of shares reaching 5% (five percent) or more in other companies
domiciled abroad.
As of 31 December 2024, there were members of the Board of Directors who owned shares in Other Companies in Indonesia reaching
5% or more, as follows:
Type of Company
No. Name Shares Ownership Company Name
(Bank/LKBB/Other)
1 Agresius R. Kadiaman 25.00% PT Agra Reswara Kayana Others
All members of the Board of Directors do not hold shares reaching 5% (five percent) or more in other companies domiciled abroad.
Financial and Familial Relationships 3. Issuance of OJK Circular Letter No. 40/SEOJK.03/2016 regarding
the Implementation of Governance in Remuneration Provision
In accordance with the Financial Services Authority and Bank for Commercial Banks.
Indonesia regulations regarding the implementation of Good
Corporate Governance for Commercial Banks, all members of Board The purpose of formulating the guideline is to provide guidance
of Commissioners, Directors, and Controlling Shareholders of CCB in remuneration provision in accordance with applicable regulations.
Indonesia do not have financial or familial relationships with other
members of Board of Commissioners, Directors, and Controlling The Guideline for the Implementation of Governance in Remuneration
Shareholders of CCB Indonesia. Provision has been approved by the Board of Directors and the
Board of Commissioners.
Remuneration Policy Information
The review of the Remuneration Provision Guideline is conducted
periodically at least once every 2 (two) years or whenever necessary
Process of Formulating the Remuneration Policy
according to the Bank's needs or changes in external regulations.
The Bank has a Guideline for the Implementation of Governance
in Remuneration Provision, Document No. 257/PEDO–CCBI/PPTR/ The Board of Commissioners or the Committee
X/2016, last revised on 4 April 2023. responsible for the Nomination and Remuneration
functions tasked with developing a succession
Background of Formulating the Guideline: policy as part of the process for nominating
1. In line with the implementation of Basel II, especially Pillar 3
members of Board of Directors
(Market Discipline), banks are required to disclose more transparent
information to the public and market participants, especially The Remuneration and Nomination Committee will identify the
regarding remuneration, to encourage discipline and enable needs of Board of Directors over the next five years. The Remuneration
stakeholders to provide fair assessments. and Nomination Committee considers internal and external
2. Issuance of POJK No. 45/POJK.03/2015 regarding the candidates in the efforts to fulfill the needs of the Board of Directors,
Implementation of Governance in Remuneration Provision for in alignment with the employee development program established
Commercial Banks. by the Human Capital Division.
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214 Opening Business and Functional Review Financial Review
Corporate Governance
Formulation of succession policy in the Board of Takers (MRT ) in accordance with the Governance
Directors Nomination process Regulation on Remuneration, where the amount of
Deferred Variable Remuneration is 10% of the Variable
In order to prepare a succession policy in the process of nominating Remuneration.
members of the Board of Directors, the Company will identify the 2) Bank's Policy on Deferred Variable Remuneration
needs of members of Board of Directors in the next five years. The The Bank chooses Malus, which allows the deferral of
Company conducts employee development, both in terms of payment of Deferred Variable Remuneration if MRT is in
leadership and skills in accordance with their fields. Employees who certain conditions.
have achievements and abilities that match the needs of the Board 3) Policy on vesting for deferred amounts.
of Directors will be considered to fulfill the needs of the Bank's Board Deferred Variable Remuneration lasts for 3 years.
of Directors. The Company considers both internal and external
candidates in its efforts to fulfill the needs of the Board of Directors. • Positions and number of parties considered material risk takers
(MRT):
Procedures in determining the remuneration of - Board of Directors: 6 persons
Board of Directors and Board of Commissioners - Independent Commissioners: 2 persons
The determination of remuneration for members of the Board of External consultants and consultant tasks related to
Directors is proposed by the Remuneration and Nomination the Remuneration policy,
Committee based on market conditions and company capabilities,
and approved by the Board of Commissioners in accordance with In the year 2024, the Bank did not collaborate with consultants
the authorization granted at General Meeting of Shareholders. related to the Remuneration policy.
Whereas the determination of remuneration for members of the Performance measurement linked to Remuneration
Board of Commissioners is proposed by the Remuneration and
Nomination Committee based on market conditions and the Company's The Bank sets a Remuneration policy linked to performance
capabilities, and approved by majority shareholders in accordance assessment.
with the authorization granted at General Meeting of Shareholders.
Performance measurement of a quantitative nature for a work unit
Long-term incentive policies for Board of Directors is done through Key Performance Indicators (KPIs), which have
and employees been standardized.
Variable remuneration depends on the performance of the Bank KPIs also serve as indicators of the extent to which the Work Unit
and the individual, which is adjusted to the level of risk and complexity has achieved the set work targets.
of the Bank's business. CCB Indonesia has partially deferred the
payment of variable remuneration for a period of three years. Number of Directors, Board of Commissioners, and
Employees receiving Variable Remuneration over 1
Scope of Remuneration Policy and Its Implementation (one) year and the total nominal amount
The Bank began implementing the Remuneration policy in 2019, Public Listed Company discloses the ultimate beneficial owner in
which includes the remuneration scale based on level and position, the shareholding of the Public Listed Company of at least 5% (five
remuneration components, and methods and mechanisms for percent), in addition to the disclosure of the ultimate beneficial
determining it, including but not limited to: owner in the shareholding of the Public Listed Company through
• Adjustment of Remuneration linked to Performance and Risk the ultimate and controlling shareholders.
1) Policy on Deferred Variable Remuneration.
The Bank implements a Policy on Deferred Variable Information regarding shareholders owning 5% or more of the
Remuneration for those categorized as Material Risk Company's shares has been disclosed on page 18.
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Corporate Governance Corporate Information Financial Statement Annual Report 215
Corporate Governance
Amount Received within 1 (One) Year
Variable
Board of Directors Board of Commissioners Employees
Remuneration
Persons Amount (IDR) Persons Amount (IDR) Persons Amount (IDR)
Total 6 7,036,077,464 2 779,694,242 1,079 23,911,004,212
The number of recipients and the total amount of Guaranteed Unconditional Variable Remuneration to prospective Directors, prospective
the Board of Commissioners, and/or prospective Employees during the first 1 (one) year of employment: Nil
Total amount of Deferred Variable Remuneration, consisting of cash and/or shares or share-based instruments issued by the Bank: IDR
2,313,551,803
Total amount of Deferred Variable Remuneration paid out during 1 (one) year: IDR 932,848,736
Details of the amount of Remuneration provided within 1 (one) year include:
1) Fixed and Variable Remuneration;
2) Deferred and non-deferred Remuneration; and
3) Forms of Remuneration provided in cash and/or shares or share-based instruments issued by the Bank,
as shown in the table below:
A. Fixed Remuneration*)
1. Cash IDR 25,909,606,584
2. Shares/share-based instruments issued by the Bank -
B. Variable Remuneration *)
Not Suspended Suspended
1. Cash IDR 5,502,219,903 IDR 1,961,747,930
2. Shares/share-based instruments issued by the Bank - IDR 351,803,873
Notes: *) For MRT only and disclosed in million rupiahs
Quantitative information
Total Deduction During the Reporting Period
Type of Remuneration that is Variable*) Remaining Deferred Caused by Explicit Caused by Implicit Total
Adjustment (A) Adjustment (B) (A)+(B)
1. Cash (in million rupiah) 1,493,047,095 (in full Nil Nil Nil
rupiah)
2. Shares/Share-based instruments issued 185,883,570 (in full rupiah) Nil Nil Nil
by the Bank (in number of shares and and 2,675,010 (shares)
amount of million rupiah conversion
of the shares)
1,681,605,675 Nil Nil Nil
Note: *) MRT only
Remuneration Package and Other Facilities for Commissioners and Directors
The Annual General Meeting of Shareholders of CCB Indonesia has decided to authorize the Board of Commissioners to determine the
amount of salary, allowances, and bonuses for members of the Board of Directors and to authorize the majority/main shareholders to
determine the amount of salary, allowances, and bonuses for members of the Board of Commissioners.
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216 Opening Business and Functional Review Financial Review
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Remuneration for the Board of Commissioners and Directors
Total Received in 1 year
Types of Remuneration and
Board of Directors Board of Commissioners
Other Facilities
person Amount (IDR) person Amount (IDR)
a. Remuneration (salary, bonus, routine allowance, tantiem, 6 29,353,689,702 2 2,903,592,712
and other facilities in kind)
b. Other facilities in kind (housing, transportation, health 6 2,301,458,776 2 332,408,200
insurance and so on) that:
a. can be owned
b. cannot be owned
Total 6 31,655,148,478 2 3,236,000,912
Remuneration per person in 1 (one) year
Total Remuneration per Person in one year *) Number of Directors Number of Commissioners
above IDR 2 billion 5 -
from IDR 1 billion to IDR 2 billion 1 2
From IDR 500 million to IDR 1 billion - -
Up tp IDR 500 million
*) received in cash
Remuneration for the Remuneration Committee
The remuneration paid to members of the Remuneration Committee during the 1 (one) year amounted to IDR 3,039,361,426 (2 committee
members).
Highest and Lowest Salary Ratios
Salary is the right of an employee received and expressed in the form of money as compensation from the company or employer to the
employee as stipulated and paid according to an employment agreement, agreement, or legal regulations, including allowances for
employees and their families for work and/or services rendered.
The salary compared in the salary ratio is the compensation received by members of Board of Commissioners, Board of Directors, and
permanent employees of the Bank up to the implementation limit, per month.
The term "employee" in this case refers to permanent employees of the Bank up to the level of executive staff.
Data on the highest and lowest salary ratios as of 31 December 2024.
a. Ratio of highest and lowest employee salary 1 : 50.18
b. Ratio of highest and lowest Directors' salary 1:2
c. Ratio of highest and lowest Commissioners’ salary 1:1
d. Ratio of highest Directors' and highest employees' salaries 1 : 2.85
Severance Pay
The number of employees affected by termination of employment and the total severance pay amount paid:
Nominal Amount of Severance Pay paid per Person in 1 (One) Year Number of Employees
Above IDR 1 billion 3
From IDR 500 million to IDR 1 billion 7
Up to IDR 500 million 25
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Corporate Governance Corporate Information Financial Statement Annual Report 217
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Share Option
The share options held by Board of Directors, Board of Commissioners, and Executive Officers
Total Option
Number of Shares
Description/Name have been Option Price (IDR) Period
Held Granted (shares)
exercised (shares)
Commissioner (name) Nil Nil Nil Nil Nil
Directors (name) Nil Nil Nil Nil Nil
Executive Officer (total) Nil Nil Nil Nil Nil
Total Nil Nil Nil Nil Nil
Internal Fraud
Internal fraud refers to fraudulent activities committed by executives, permanent and non-permanent employees (honorary and outsourcing)
related to the Company's work processes and operational activities that significantly affect the financial condition of the Bank if the
deviation's impact exceeds IDR 100,000,000 (one hundred million Indonesian Rupiah). During the period from January to December 2024,
there were internal deviations in the operational activities of CCB Indonesia, namely:
Number of cases committed by
Member of the Board of
Number of Internal Fraud in 1 year Commissioners & Member Permanent Employees Non-Permanent Employees
of the Board of Directors
2023 2024 2023 2024 2023 2024
Total Fraud Nil Nil Nil Nil Nil Nil
Settled - - 0 - - -
In the process of settlement within the internal bank - - 0 - - -
Not yet attempted for resolution - - 0 - - -
Has been followed up through legal proceedings - - 0 - - -
Legal Issues and Efforts to Resolve Them
Throughout the year 2024, the number of civil and criminal legal issues faced by CCB Indonesia and the efforts made to resolve them are
as follows:
Number of Cases
Legal Issues
Civil Crime
Have received a final and legally binding verdict and there are no further 1 0
legal proceedings
In the process of settlement 10 1
Total 11 1
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218 Opening Business and Functional Review Financial Review
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Regarding the number of legal issues, we provide brief information Affiliate Transactions
about 1 (one) ongoing material case i.e. Civil Case No. 555/Pdt.G/2018/
PN.Jkt.Utr (“Case 555”) at the North Jakarta District Court, in which Pursuant to the Financial Services Authority Regulation No. 17 of
the Bank as Defendant I was sued by Fireworks Ventures Limited 2023 regarding Governance Implementation for Commercial Banks,
as the Plaintiff in connection with the sale of receivable assets from and the Chairman's Decision of the Capital Market and Financial
the syndicated loan for the Debtor named PT Geria Wijaya Prestige Institutions Supervisory Agency No: KEP-412-BL/2009 - Regulation
(“Receivable Assets”) to Tomy Winata as Defendant II. On 15 October No. IX.E.1 concerning Affiliate Transactions and Certain Conflict of
2019, Case 555 was decided by the North Jakarta District Court Interest Transactions as updated by Financial Services Authority
which essentially decided as follows: Regulation No. 42/POJK.04/2020 dated 21 October 2020, Affiliate
Transactions are defined as any activities and/or transactions
1. The Bank and Defendant II have no rights over the Receivable conducted by a public company or controlled company with
Assets; Affiliates of the public company or Affiliates of board members,
2. The Bank is ordered to hand over the collateral certificates members of Board of commissioners, major shareholders, or
of receivable assets along with the security documents to Controllers, including any activities and/or transactions conducted
the Plaintiff once Case 555 has legally binding force; by a public company or controlled company for the benefit of
3. The Bank and Defendant II are ordered to pay jointly and Affiliates of the public company or Affiliates of board members,
severally material damages to the Plaintiff, consisting of: members of Board of commissioners, major shareholders, or
• Material damage in IDR: 6% (six percent) of Controllers.
IDR 249,600,209.98 (full amount) per year;
• Material damage in USD: 6% (six percent) of There were no transactions with Affiliates which is material in the
USD 11,645,136.06 (full amount) per year. year 2024.
Following the decision of the North Jakarta District Court above, Conflict of Interest Transactions
the Bank filed an appeal, which was registered under Case No. 272/
PDT/2020/PT.DKI. The appeal was decided on 18 May 2020, by the In accordance with Financial Services Authority Regulation No. 17
Jakarta High Court, which essentially upheld the decision of the of 2023 regarding Governance Implementation for Commercial
North Jakarta District Court. Banks, and the Chairman's Decision of the Capital Market and
Financial Institutions Supervisory Agency No: KEP-412-BL/2009 -
Following the decision of the Jakarta High Court, the Bank filed a Regulation No. IX.E.1 concerning Affiliate Transactions and Certain
cassation appeal, registered under Case No. 3540K/Pdt/2021, which Conflict of Interest Transactions as updated by Financial Services
was decided on 6 December 2021, by the Supreme Court of the Authority Regulation No. 42/POJK.04/2020 dated 21 October 2020,
Republic of Indonesia, essentially rejecting the Bank’s cassation a conflict of interest is defined as the difference between the
appeal. economic interests of the Company and the personal economic
interests of the owner, members of the Board of Commissioners,
Following the cassation decision of the Supreme Court of the members of the Board of Directors, Executive Officers, and/or related
Republic of Indonesia, the Bank filed a Judicial Review, registered parties with the Bank which may harm the Company.
under Case No. 1206 PK/Pdt/2022, which was decided on 13
December 2022, by the Supreme Court of the Republic of Indonesia, In carrying out their duties and obligations, the Board of Commissioners
essentially rejecting the Bank’s Judicial Review request. and Directors as well as the employees of the Bank always prioritize
the interests of CCB Indonesia above personal or family interests
Following the first Judicial Review decision by the Supreme Court or those of other parties.
of the Republic of Indonesia, on 25 September 2024, the Bank
submitted a Second Judicial Review request and based on Notification Conflict of Interest is a situation or condition where CCB Indonesia
Letter from the Supreme Court of the Republic of Indonesia dated personnel, by virtue of their position, have the authority that may
12 November 2024, the Second Judicial Review request has registered potentially be abused either intentionally or unintentionally for
under Case No. 1360/PK/PDT/2024, as the Bank’s ultimate effort to other interests, thereby affecting the quality of their decisions, and
protect its legal interests in Case 555. The Bank is currently awaiting the performance outcomes of these decisions which may be
the decision on this Second Judicial Review request. detrimental to the Bank.
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Corporate Governance Corporate Information Financial Statement Annual Report 219
Corporate Governance
CCB Indonesia has a Conflict of Interest Handling Guidelines as Company Manual
a guide for all CCB Indonesia personnel to understand, prevent,
and mitigate Conflict of Interest, as well as a guide in taking firm Company Manual is the highest structure of written provisions within
action against Conflict of Interest in the Bank to achieve good CCB Indonesia, containing the document structure, hierarchy of
corporate governance. document approval, as well as the duties and authorities of each job
function related to the issuance of Bank documentation structure and
There were no transactions containing a conflict of interest in serves as a reference/guideline for the provisions below it, thus the
the year 2024. provisions from top to bottom are interconnected and related to each
other. The issuance of this Company Manual is ratified by the Board of
Information and Material Facts Commissioners and the Board of Directors of CCB Indonesia.
Issuers or Public Companies are required to submit reports on Code of Conduct of the Board of
Information or Material Facts to the Financial Services Authority and
announce Information or Material Facts to the public.
Commissioners and the Board of Directors
The purpose of creating these manual is to establish standards and work
In the year 2024, there were no occurrences of information or Material ethics for the Board of Commissioners and the Board of Directors, thereby
Fact, consequently, no announcements regarding Information or enhancing the effectiveness of the performance of the daily duties and
Material Facts were issued. responsibilities of the Board of Commissioners and the Board of Directors.
Material Facts occurring after the These manuals include regulations on Work Ethics, Working Hours and
Meetings, Duties and Responsibilities, Rights and Authorities, Working
accountant's report date Relationships, Performance Assessment, and Evaluation.
There were no material facts occurring after the accountant's report
date. The Guidelines for the Code of Conduct for the Board of Commissioners
include regulations, among other things, on the Assessment and
Buyback of Shares and/or Bank Bonds Evaluation of the Board of Commissioners' Performance. Similarly, the
Guidelines for the Code of Conduct for the Board of Directors, which
Buyback includes regulations on the Assessment and Evaluation of the Board of
Buyback of shares and/or Bank bond buyback is an effort to reduce Directors' Performance.
the number of shares or bonds issued by the Bank by repurchasing
these shares or bonds, with payment terms conducted in accordance Code of Ethics Guidelines
with applicable regulations.
This code of conduct lays down the fundamental principles of behavior
During the year 2024, CCB Indonesia did not engage in share and professionalism expected from all individuals within CCB Indonesia.
buyback transactions. Meanwhile, CCB Indonesia has not issued
bonds, so there were no bond buyback transactions in the year Through these Code of Ethics Guidelines, it is hoped that a strong
2024. risk awareness culture and a good control environment at CCB
Indonesia can be realized and embedded in each individual within
The number of shares and/or bonds repurchased Nil CCB Indonesia.
Repurchase price per share and/or bond Nil a. Key Points of the Code of Ethics
Increase in earnings per share and/or bond Nil
The Code of Ethics Guidelines for CCB Indonesia govern
relationships with fellow Employees, the Company, Customers,
contractors, agents, agency staff, consultants, vendors and
Code of Ethics and Corporate Culture suppliers, Shareholders, Competitors, Authorities, the Press/
Media, and other Stakeholders, as follows:
CCB Indonesia has established provisions outlined in Policies,
Guidelines, and Standard Operating Procedures (SOP) to bolster CCB Indonesia Employees
the implementation efforts of Good Corporate Governance (GCG) - Non-Discrimination
principles. Among these provisions are regulations governing the o CCB Indonesia strives to provide a conducive work
Code of Ethics and Corporate Culture that must be adhered to by environment where every CCB Indonesia Employee
every individual within CCB Indonesia in their daily behavior. is treated fairly and respectfully, encouraged to
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220 Opening Business and Functional Review Financial Review
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develop, and valued based on individual and team - Training
performance. o All CCB Indonesia personnel are required to attend
o CCB Indonesia is committed to providing equal regular training sessions, particularly those related to
opportunities for all CCB Indonesia Employees based Anti-Money Laundering and Countering the Financing
on merit. of Terrorism, Anti-Bribery, Risk Management, and other
o CCB Indonesia will not tolerate or condone any form mandatory training programs as stipulated.
of discrimination including harassment based on o Such training is obligatory for newly joined CCB Indonesia
gender, race, age, religion, disability, or any other personnel as part of the induction process.
classification that unjustly interferes with or affects o To ensure the effectiveness of these training sessions, CCB
an individual's job performance or creates a work Indonesia will monitor and assess these activities periodically.
environment that is intimidating, hostile, demeaning,
or unpleasant. - External and Internal Investigations
o CCB Indonesia prohibits workplace and cyber o CCB Indonesia personnel and business partners are
harassment. required to fully cooperate in any formal investigations,
o CCB Indonesia also will not tolerate any form of whether external or internal.
discrimination by vendors, contractors, and other o Providing false or misleading statements constitutes
companies that may have business relationships misconduct, resulting in the termination of employment
with CCB Indonesia and/or represent CCB Indonesia. or any other relationship with CCB Indonesia.
- Conducive and Healthy Environment - Data Confidentiality
CCB Indonesia is committed to maintaining a conducive o Every CCB Indonesia personnel must maintain the
and healthy environment in conducting its business so confidentiality of business information both during and
that the health and safety of customers, business partners, after their tenure with CCB Indonesia. This includes, but
CCB Indonesia Employees, and the environment are not is not limited to, salary and strictly confidential information,
compromised. business strategies and plans, as well as other proprietary
information acquired during their employment.
Therefore, it is expected that CCB Indonesia employees o CCB Indonesia personnel must comply with banking
and its business partners refrain from involvement in criminal confidentiality laws, privacy laws, data security laws,
or illegal activities and adhere strictly to legal regulations, and contractual terms when handling customer
namely: information and business data acquired in the course
o Not using, selling, possessing, or being under the of business operations.
influence of illegal drugs/psychotropic substances
or consuming alcohol inappropriately while Customers of CCB Indonesia
conducting business for CCB Indonesia, whether - Treating Customers Fairly
consumed during working hours or not, and whether o Treating customers of CCB Indonesia fairly and
consumed within the premises of CCB Indonesia respectfully, and providing high-quality customer
buildings or not. service, is an integral and inseparable part of the
o Complying with all relevant laws and health and behavior of CCB Indonesia personnel.
safety guidelines and promptly reporting any o CCB Indonesia implements the 5 principles of the
conditions that may pose a danger to health, safety, Fair Dealing Guidelines, which must be adhered to,
or the environment to their immediate supervisor especially by CCB Indonesia personnel dealing with
and/or the Human Resources Division. customers, as follows:
o Not giving in to excessive gambling or involving CCB 1) CCB Indonesia personnel must treat all customers
Indonesia customers in any form of gambling. with respect and fairness.
Additionally, not engaging in betting and/or gambling 2) CCB Indonesia personnel may only offer products
in any form within the office or the premises of CCB and services suitable for their target customer segments.
Indonesia buildings. 3) CCB Indonesia personnel must provide quality and
non-misleading information to customers.
- Personal Data Protection 4) CCB Indonesia personnel must provide clear, relevant,
CCB Indonesia is committed to safeguarding the and timely information so that customers can make
confidentiality of customer's personal data and shall not, necessary financial decisions.
under any circumstances, use such data for their own 5) CCB Indonesia personnel must handle customer
benefit or for any third party while performing their complaints independently, effectively, and promptly.
duties.
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- Protecting Customer Information - Accurate Recording and Storage of Archives/Documents
o CCB Indonesia is committed to protecting customer o CCB Indonesia's record-keeping must always be
information and using it appropriately. Safeguarding made accurately and reliably, with the aim of ensuring
and maintaining the confidentiality of customer data that business transactions are effectively documented
are fundamental aspects of CCB Indonesia's relationship and justified to reduce legal risks. No information on
with its customers. any records or documents may be destroyed or
o CCB Indonesia personnel must comply with applicable falsified.
laws on banking data confidentiality, privacy, and o Reasonable and accurate books must be available
security, as well as contractual requirements when for audit and inspection purposes to ensure high
handling customer information and business data standards in record keeping.
collected during business operations. o CCB Indonesia personnel must comply with all
o The classification of information as customer or business applicable laws and management policies regarding
data may vary depending on the laws applicable in relevant records implemented by CCB Indonesia.
the country or jurisdiction. o All "off the record" accounts or transactions related
to improper payments are prohibited.
Company Owned Assets/CCB Indonesia o Records and data must be maintained and destroyed
- Company Information in accordance with relevant laws and CCB Indonesia's
CCB Indonesia personnel and business partners must maintain management policies regarding records.
the confidentiality of business information both during and o Any documents, records, or data required or possibly
after their employment or engagement with CCB Indonesia. required for litigation or investigation purposes must
be notified and consulted with the Compliance
- Intellectual Property Rights Division, Legal Division, or Internal Audit Division
o Intellectual property, including but not limited to patents, beforehand.
trademarks, and copyrights, developed or acquired by o Failure to comply with requests for required
CCB Indonesia, is the property of CCB Indonesia. documents, records, or data may result in criminal
o CCB Indonesia personnel must make every effort to or civil legal claims against CCB Indonesia and the
safeguard CCB Indonesia's interests in intellectual property. relevant CCB Indonesia personnel.
o CCB Indonesia personnel with access to such intellectual
property must not disclose or use it without authorization, Business Protection and External Activities
both during and after their employment with CCB Indonesia. - Insider Trading
o CCB Indonesia personnel must not use intellectual property o Insider Trading and the disclosure of sensitive information
obtained during their employment with another company about non-public prices to external parties are not
without prior written consent from that company. allowed and constitute criminal acts.
o CCB Indonesia respects the restrictions placed on third- o Providing (tipping) important non-public information
party software by developers and/or distributors. to someone who may buy or sell securities is also a
o CCB Indonesia personnel must use such software in violation of applicable laws, whether by the person
accordance with the terms of the licensing agreement. providing the information or the person receiving it.
o All CCB Indonesia personnel should be aware that
- Use of CCB Indonesia's Information Technology Assets perpetrators of Insider Trading may be subject to fines,
o Computers, network resources, electronic imprisonment, or both.
communication systems including email, telephones, o In addition to the above, all CCB Indonesia personnel
and voice systems, and other information processed must be vigilant against prohibited activities such as
using CCB Indonesia's computers (collectively referred Prohibited Transactions, which are transactions currently
to as "IT Assets") are the property of CCB Indonesia prohibited by the Government or certain other
and must strictly be used only for the purpose of international bodies such as the Office of Foreign
providing CCB Indonesia's services and products Assets Control (OFAC) of the US Department of the
and not for any other purposes. Treasury, United Nations Security Council Resolutions
o The above equipment and facilities are provided to (UN), and the European Union (EU), as well as
CCB Indonesia personnel for the benefit of CCB Indonesia; transactions involving the purchase of financial
therefore, CCB Indonesia personnel must use and products or other investment products aimed at
maintain these facilities to the best of their ability. benefiting personal interests.
o The use of IT Assets is governed by CCB Indonesia's
IT Policy.
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222 Opening Business and Functional Review Financial Review
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- Conflict of Interest o "Entertainment" may include trips abroad, watching
o CCB Indonesia personnel must not intentionally allow movies, attending musical performances, and so
themselves to be placed in a position where their on.
interests could potentially or actually harm CCB Indonesia. o Giving gifts and entertainment used to unduly
o CCB Indonesia personnel must not allow any business influence a business decision or result in unfair
decisions to be influenced by or perceived as influenced business benefits constitutes bribery.
by interests unrelated to CCB Indonesia. Any decision o Bribery and corruption are contrary to CCB Indonesia's
to engage in business transactions with any party policy, so any CCB Indonesia personnel found guilty
must be based solely on business considerations. of offering or accepting bribes or corruption must
o CCB Indonesia personnel are obligated to prioritize face severe disciplinary action/sanctions and may
the interests of CCB Indonesia. also be prosecuted under anti-corruption laws.
o CCB Indonesia personnel are prohibited from personally
benefiting (or directing to a third party) from a business - External Communication
opportunity through the use of company property, CCB Indonesia is committed to openness and transparency
information, or position unless CCB Indonesia has in communicating with external parties and endeavors to
been offered and declined the opportunity. establish constructive relationships with key stakeholders
o Any perceived/actual, potential, or actual conflicts of (investors, regulators, government, media, society, and
interest must be disclosed for the attention of CCB NGOs).
Indonesia personnel's superiors.
- Communication with Regulators
- Gifts and Entertainment All communication with regulators must be conducted in
o "Gifts" refers to money, goods, or services given accordance with the guidelines and/or procedures applicable
simply as a gesture of friendship or appreciation. at CCB Indonesia. Requests from regulators for information
Gifts can also include souvenirs, benefits, and special must be responded to with complete, factual, and accurate
treatments. information.
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- Communication with Press or Media a CCB Indonesia personnel is prohibited from doing
Any inquiries from the press or media must be promptly according to the Code of Conduct or applicable laws
referred to the authorized spokesperson of CCB Indonesia. and regulations.
o CCB Indonesia personnel must conduct suitable due
- Procedures Regarding the Use of Social Media diligence to ensure that business partners are fit for the
o Personal social media accounts must be separate from tasks at hand, have a good track record, and do not exploit
work-related matters. their relationship with CCB Indonesia or the use of CCB
o Only authorized CCB Indonesia spokespersons are Indonesia's name in relation to any illegal activities, fraud,
allowed to communicate online on behalf of CCB unethical or dishonest transactions, or any transactions
Indonesia. that may tarnish the reputation of CCB Indonesia.
o It must be clear who is being represented in forums, o CCB Indonesia personnel must ensure that business
blogs, and discussion forums. partners are aware of and committed to the anti-fraud
o There should be no selling or marketing of CCB Indonesia principles established in this Code of Ethics.
products, or giving financial advice on personal social o CCB Indonesia personnel are not allowed to allow or
media pages. provide their personal facilities for use by customers/
o Adhere to confidentiality and privacy agreements. third parties in exploiting their transactions with CCB
o Respect your colleagues and workplace, as well as other Indonesia.
individuals and communities. o CCB Indonesia personnel are not allowed to act as
o Non-compliance may result in disciplinary action, representatives for customers/third parties in conducting
including termination of employment with CCB business transactions with CCB Indonesia.
Indonesia. If breaking the law, one must be personally
responsible. b. Methods of Ethical Code Socialization and
o When in doubt, please ask. Do not take risks with the Enforcement Efforts
reputation of CCB Indonesia or your own reputation.
To foster understanding and instill a culture of compliance
- Legal Actions/Demands among every employee, the Company conducts periodic ethical
o Unless prohibited by local laws, CCB Indonesia personnel code socialization sessions through training and/or workshops.
must promptly inform their immediate supervisor, the After reading and comprehending the Code of Ethics, CCB
Human Capital Division, and the Legal Division if they Indonesia personnel are required to acknowledge the Code of
are the subject of legal actions/demands or investigations Ethics on a designated form.
anywhere.
o Permission from the Human Capital Division must be Any CCB Indonesia personnel who violate the provisions of the
obtained before accepting political positions or engaging Code of Ethics/Code of Conduct may face disciplinary action,
in external employment, appointments, or assignments. including but not limited to termination or dismissal from
employment. If laws or regulations are also breached, an official
- Anti Money Laundering and Countering the Financing report may need to be filed with relevant authorities, and CCB
of Terrorism Indonesia personnel may face fines or criminal penalties.
CCB Indonesia personnel must fully comply with applicable
laws and policies related to financing to combat terrorist c. Disclosure that the Code of Ethics Applies to
activities, anti-illegal drug trafficking, and anti-money Board of Commissioners, Board of Directors, and
laundering. Company Employees
- Compliance with Laws and Regulations CCB Indonesia, along with all its personnel, is committed and
Every CCB Indonesia personnel is responsible for knowing responsible for maintaining the highest level of integrity and
and complying with the laws and regulations of the Republic honesty within the CCB Indonesia environment, thereby continuing
of Indonesia, including but not limited to those related to to provide quality service to all of Indonesia with products and
export and import business matters. services that support the success of CCB Indonesia's customers.
- Agent/Consultant/Third Party In laying down the fundamental principles of behavior and
o CCB Indonesia personnel are required to carry out professionalism expected from all CCB Indonesia personnel, a
thorough business evaluations when choosing third- code of conduct is formulated in the form of an Ethical Code.
party as business partners including (but not limited The code of conduct/Ethical Code applies to Board of
to) contractors, agents, agency staff, consultants, vendors, Commissioners, Board of Directors, and all employees of CCB
and suppliers of goods and services. These business Indonesia, serving as the basis for ethical attitudes and actions
partners must not engage in anything indirectly that while considering the company's core values.
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224 Opening Business and Functional Review Financial Review
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Employee and/or Management Share The Whistleblowing System
Ownership Program implemented by the The demand to implement Good Corporate Governance serves as
Company one of the foundations for this transparency, where the Bank is
required to take preventive measures and combat practices that
CCB Indonesia implements an Employee and/or Management oppose Good Corporate Governance by reporting violations through
Share Ownership Program in alignment with the OJK regulations the whistleblowing system. This system is expected to encourage
overseeing Governance Implementation in Remuneration for all employees to report violations effectively.
Commercial Banks.
To enhance the effectiveness of implementing the Fraud control
Anti-Fraud Strategy system by emphasizing disclosure from complaints, CCB Indonesia
implements a whistleblowing system based on clearly formulated
In order to prevent cases of operational deviations and violations General Whistleblower Policy and Guidelines that are easily understood
of legal regulations, particularly fraud, CCB Indonesia enhances the and effectively implemented to encourage and raise awareness among
effectiveness of internal controls as an effort to minimize fraud risks employees and officials of the Bank to report occurring Frauds, including:
by implementing an Anti-Fraud Strategy.
1. Protection for Whistleblowers
The effectiveness of fraud control in business processes is the The Bank is committed to providing support and protection
responsibility of the Board of Directors and the Board of Commissioners, to every Fraud reporter and guaranteeing the confidentiality
thus requiring a proper and comprehensive understanding of fraud of the reporter's identity and the reported Fraud. Protection
by the Board of Directors and Board of Commissioners to provide for the reporter benefits from the certainty of treatment for the
guidance and raise awareness for fraud risk control at CCB Indonesia. reporter and guarantees the confidentiality of the reporter's
The Anti-Fraud Strategy reflects the commitment of Board of identity, which will instill trust among Bank personnel or external
Directors and Board of Commissioners to control fraud, implemented parties who will report suspected violations to the Whistleblowing
in the form of a fraud control system. Manager and enhance the awareness of Bank personnel
regarding company regulations and policies.
The anti-fraud strategy is part of the existing fraud policy. In its
implementation, it consists of a fraud control system with 4 (four) 2. Regulations related to Fraud Complaints
pillars as follows: The Bank prepares a specific telephone number and/or electronic
mail address (email) that employees can use to report suspicions
1. Prevention of Fraud cases. The telephone number and email address have
The prevention pillar is part of the fraud control system that been published by the Anti-Fraud Unit/Function.
includes measures to reduce the potential risk of fraud, at least
comprising anti-fraud awareness, vulnerability identification, 3. Reporting System and Follow-Up Mechanisms for Fraud Reports
and employee recognition policies. The Fraud reporting system includes clarity in the reporting
2. Detection process, including reporting procedures, means, and responsible
The detection pillar is part of the fraud control system that parties for handling reports. The reporting system must be
includes measures to identify and detect fraud in the Bank's supported by clear mechanisms for follow-up on reported Fraud
business activities, at least comprising policies and mechanisms incidents. This reporting system is implemented transparently
for whistleblowing, surprise audits, and supervision systems. and consistently to instill trust among all Bank employees in the
3. Investigation, Reporting, and Sanctions reliability and confidentiality of the whistleblowing mechanism.
The investigation, reporting, and sanctions pillar are part of the
fraud control system that includes investigation, reporting, and Good Corporate Governance Self Assessment
imposition of sanctions for fraud in the Bank's business activities.
4. Monitoring, Evaluation, and Follow-Up During the year 2024, CCB Indonesia conducted Good Corporate
The monitoring, evaluation, and follow-up pillar are part of the Governance self-assessment in both June 2024 and December 2024,
fraud control system that includes measures for monitoring, both rated: 2 (Good). The self-assessment in June 2024 is equivalent
evaluation, and follow-up. to the assessment conducted by the OJK.
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Corporate Governance
General Conclusion of Good Corporate 2. Implementation of Duties and Responsibilities of the Board of
Directors
Governance Implementation The implementation of duties and responsibilities of Board of
Based on the analysis of all criteria/indicators that are factors in Directors has fulfilled the requirements of the governance
assessing Governance implementation, it is concluded that: structure, reflected by:
- Fulfillment of the number of Directors along with criteria,
1. Implementation of Duties and Responsibilities of the Board of independence, and requirements of each Director;
Commissioners - Fulfillment of the Composition of Board of Directors
The implementation of duties and responsibilities of the Board - Filling all Director positions with definitive Directors
of Commissioners has fulfilled the governance structure in accompanied by task assignments according to the Bank's
carrying out its supervisory functions, as reflected by: organizational structure.
- Fulfillment of the number of Board of Commissioners - The Directors have a Code of Conduct for Board of Directors,
members as well as Guidelines for conducting Directors' meetings.
- Fulfillment of the composition of Board of Commissioners
- Fulfillment of requirements from each member of the Board The implementation of duties and responsibilities of Board of Directors
of Commissioners has been in accordance with the Company's Articles of Association
- The Board of Commissioners has already had a Code of and Guidelines for the Work Regulations of Board of Directors. Bank
Conduct for the Board of Commissioners, as well as Guidelines management is continuously improved through improvements
for conducting the Board of Commissioners meetings. that have been made and maintained and continued until now.
The duties and responsibilities of the Board of Commissioners The Board of Directors are fully responsible for the Bank's
have been carried out in accordance with the principles of good management, nurturing, leading, and overseeing Divisions according
governance as outlined in meeting minutes and internal memos. to their supervisory divisions, as well as implementing Governance
principles in every Bank business activity at all organizational levels.
The Board of Commissioners is not involved in decision-making
on Bank operational activities, except in providing funds to The Board of Directors have held meetings as required.
related parties and other matters stipulated in the Bank's Articles
of Association and/or applicable regulations in carrying out The duties and responsibilities of Board of Directors have been
supervisory functions. executed well, evidenced by the continuous efforts and
implementation of improvements.
The Board of Commissioners holds meetings with the Board
of Directors to oversee the implementation of the Directors' The results of Board of Directors' meetings have been recorded
duties and responsibilities and provide advice to the Directors. in meeting minutes and documented well.
The Board of Commissioners has held the Board of Commissioners In connection with the resignation of Mr. You Wennan as
meetings and Joint Board of Commissioners and Directors President Director, the Bank has submitted a request for approval
meetings as required. of the resignation through letter no. 286/CCBI/DDIR-OJK/XI/2024
dated 7 November 2024.
Commissioners participated with the Directors in the General
Examination Exit Meeting and the Bank's Prudential Meeting Based on OJK Letter No. SR-289/PB.31/2024 dated 17 December
in 2024, with the OJK. 2024, OJK informed that the Bank may continue the process of
proposing the replacement of the President Director, Mr. You Wennan
The results of Board of Commissioners' oversight are before the end of his term of office through the Extraordinary General
communicated to the Directors and serve as input for the Meeting of Shareholders (EGMS) dated 20 December 2024.
Directors in carrying out their duties to achieve good performance.
Based on the EGMS dated 20 December 2024, the EGMS approved:
At the end of semester II of 2024, there was a vacancy for the The resignation of Mr. Qi Jiangong from his position as President
President Commissioner, where according to the EGMS resolution Commissioner and Mr. You Wennan from his position as President
dated 20 Decembe 2024, Mr. Qi Jiangong resigned from his Director. Appointment of Mr. Jiang Yongdong who was nominated
position as President Commissioner. as President Director. The appointment of Mr. Jiang Yongdong
will only be effective after obtaining approval from the authorities.
Overall, the implementation of the duties and responsibilities
of Board of Commissioners has followed applicable Overall, the implementation of the duties and responsibilities
regulations. of Board of Directors has followed applicable regulations.
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Corporate Governance
3. Completeness and Implementation of Committee Tasks Additionally, the Bank has an adequate AML System to support
The Bank has established Committees to assist Board of the implementation of Anti-Money Laundering and Countering
Commissioners, including the Audit Committee, Risk Monitoring the Financing of Terrorism. The Compliance Function has established
Committee, and Remuneration & Nomination Committee, each policies, developed guidelines, and taken steps to ensure the
equipped with Guidelines for the Implementation of Committee suitability, adequacy, and effectiveness of the compliance function's
Tasks. role throughout the bank's organizational structure. The Bank has
made efforts to increase Compliance awareness through socialization
The composition and requirements of members of the Risk and issuing compliance culture posters.
Monitoring Committee and Remuneration & Nomination
Committee have complied with the provisions, Implementation The Bank's policies, guidelines, and SOPs are periodically
of Corporate Governance as regulated in OJK Regulation No. reviewed.
55/POJK.04/2015 concerning the Formation and Guidelines
for the Implementation of Audit Committee Work ("Audit The Bank periodically improves and reviews the parameters
Committee POJK") and OJK Regulation of GCG. The Chairperson used in implementing the AML CFT program. The Compliance
of the Audit Committee is committed to ensuring the smooth Function has played a role in assisting the bank's compliance
operation of the Audit Committee and ensuring that oversight improvement process. This is reflected in efforts such as providing
and evaluation of accounting practices, internal controls, and compliance opinions, compliance reviews, compliance news,
bank financial reporting continue according to the Audit compliance checklists, compliance campaigns, regulatory
Committee's Work Plan for 2024. socialization, and acting as liaison officers to the Financial
Services Authority and/or Bank Indonesia, and other regulators.
The implementation of committee tasks, in general, has been
in accordance with the respective committee's rules of procedure, Areas for improvement related to the implementation of the
as reflected in activities and meeting minutes. The Committees Bank's Compliance Function include the need for capacity
have fulfilled their functions according to applicable regulations, building and dual control processes in reporting to regulators,
including providing recommendations within their mandate as there are still sanctions imposed for failure to comply with
to the Board of Commissioners. reporting obligations. Regarding these non-compliances, the
Bank has corrected reporting, met payment obligations within
Minutes have been prepared for each Committee meeting and the prescribed period, and sought to enhance compliance
documented well. The performance achieved by each Committee culture and risk awareness at all organizational levels.
can support the oversight of Board of Commissioners.
Overall, the implementation of the Bank's Compliance Function
Overall, the completeness and implementation of Committee has followed applicable regulations.
tasks have followed applicable regulations.
6. Implementation of the Internal Audit Function
4. Handling of Conflict of Interest The Bank has an Internal Audit Division (SKAI), an Audit Charter,
The handling of conflicts of interest has been internally regulated and Policies/Guidelines/SOPs as working guidelines.
through the Conflict of Interest Handling Guidelines. However,
during the year 2024, there were no issues containing conflicts The organizational structure of the Internal Audit Unit (IAU)
of interest. Overall, the handling of conflicts of interest by the supports independence and objectivity in carrying out its tasks
Bank has followed applicable regulations. and functions in accordance with the Internal Audit Professional
Standards.
5. Implementation of the Bank's Compliance Function
The Bank has appointed a Compliance Director and established IAU, in performing its duties, has conducted risk-based audits,
a Compliance Division to carry out duties and responsibilities with extensive audit coverage, and audit results have been
independently according to compliance policies and guidelines. reported to relevant stakeholders.
The Bank has provided an adequate number of human resources The internal audit function has been adequately implemented,
and has sufficient competence to carry out compliance functions resulting in sufficient reports for Board of Commissioners and
and effectively implement Anti-Money Laundering, Countering Board of Directors. The audit function has been supported by
the Financing of Terrorism & Counter-Proliferation Financing audit programs to facilitate the audit process.
of Weapons of Mass Destruction, including appointing
Compliance Officers at each Bank office, and having a Division The implementation report and key findings of internal audits
to ensure the availability and management of Policies, Guidelines, have been periodically reported to the Financial Services
and SOPs (KSOP). Authority.
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Corporate Governance
Areas of improvement related to the implementation of the The Bank has adjusted its Policies/Guidelines/SOPs to align
Bank's Internal Audit Function include: with the bank's vision and mission post-merger and acquisition,
- The adequacy of Internal Audit Unit members' capacity still in accordance with applicable regulations.
needs to be developed and improved, including through
recruitment, training, and certification according to their levels. Board of Commissioners and Directors have fulfilled their duties
- The preparation, scope, quality of financial performance and responsibilities related to the implementation of risk
analysis, follow-up monitoring, accuracy of audit implementation, management.
and the substance of the Implementation Report and Key
Findings of Internal Audit still need improvement. The organizational structure, along with the committees assisting
the duties of the Commissioners and Directors, coordinate to
Generally, the implementation of the Bank's Internal Audit support the implementation of risk management and internal
Function has followed applicable regulations. controls.
7. Implementation of the External Audit Function The Directors ensure that all material risks and the impacts
The selection of Public Accounting Firms and Public Accountants caused by such risks have been addressed and report
with reputable backgrounds for external audits is determined accountability to Board of Commissioners.
through contractual agreements outlining audit scopes compliant
with relevant regulations. The Directors have overseen risk management policies and
strategies through discussions in various committee meetings.
The process of appointing Public Accounting Firms and Public The bank has improved the Quality of Risk Management,
Accountants by the Bank has complied with applicable reflected in the well-managed Bank Risk Profile.
regulations. In conducting audits, Public Accounting Firms and
Public Accountants have fulfilled specified aspects and carried An area of development related to the Implementation of Risk
out audits independently, meeting professional standards for Management and Internal Control Systems is the internal
public accountants, work agreements, and designated scopes controls in divisions that report to regulators (checker and
as stipulated in the applicable regulations. maker, as well as Quality Assurance), which need further
improvement.
The provision of audit services for annual historical financial
information has been performed by Public Accountants and/ Generally, the Implementation of Risk Management Including
or Public Accounting Firms in accordance with the audit scope Internal Control Systems at the bank has followed applicable
as regulated by applicable provisions and evaluated by the regulations.
Audit Committee, with results reported to the Financial Services
Authority. 9. Provision of Funds to Related Parties and Large Exposures
The Bank's Board of Directors has actively established policies,
Generally, the implementation of the Bank's External Audit systems, and sufficiently effective procedures to regulate the
Function has followed applicable regulations. provision of funds to related parties and large exposures,
including monitoring and resolution of issues arising from such
8. Implementation of Risk Management Including Internal Control fund provisions.
Systems
The Bank has periodically monitored and evaluated large debtors
The Bank has a sufficient organizational structure to support and updated the list of related parties, as well as made
the implementation of risk management and internal controls, improvements in policies and procedures. Decision-making is
including the Internal Audit Division, Risk Management Division, made without any intervention from any party.
Risk Management Committee, and Compliance Division.
Additionally, the bank has adequate risk policies, procedures, Any provision of funds to Related Parties is made after obtaining
and risk limit determinations. approval from Board of Commissioners.
In addition to forming the Risk Management Committee, the There have been no violations or deviations from BMPK during
Bank has also established other committees to assist Board of the assessment period, and all reports related to the provision
Directors in carrying out their duties, namely the Credit Policy of funds to related parties and large exposures have been
Committee, ALCO Committee, Information Technology Steering submitted to the Financial Services Authority accurately and
Committee, Credit Committee, and Human Capital Committee. in a timely manner.
The organizational structure has been fulfilled with all positions Overall, the Provision of Funds to Related Parties and Large
filled by definitive officers. Exposures has complied with applicable regulations.
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Corporate Governance
10. Transparency of Financial and Non-Financial Conditions, The Bank Business Plan, along with its revisions and adjustments
Governance Implementation Reports, and Internal Reporting. prepared by the Board of Directors, has been approved by the
Board of Commissioners and communicated to the Financial
Monthly, quarterly, annual, other publications, and internal Services Authority and all parties concerned. The Bank Business
governance implementation reports always adhere to Financial Plan has depicted sustainable growth targets that provide
Services Authority regulations and applicable provisions. economic benefits to all stakeholders and has been aligned
with the Bank's vision and mission.
The preparation of Monthly, Quarterly, Annual Publications,
and Other Publications, as well as Governance Implementation The implementation of the BBP is monitored and directed by
Reports, has been carried out through good governance the Board of Directors, overseen by the Board of Commissioners,
processes and in accordance with the coverage required by and communicated to the Financial Services Authority, all Bank
Financial Services Authority regulations and applicable laws. shareholders, and all functional units.
Customer service is provided through transparent product The area of improvement concerning the Bank's Strategic Plan
explanations, responsive handling of customer complaints, and involves enhancing the quality of risk management
addressing weaknesses to follow up on customer complaints implementation and implementing efficiency measures to
effectively. boost and sustain the Bank's profitability.
Information regarding customer complaint procedures and Generally, the Bank's Strategic Plan has complied with applicable
dispute resolution is provided through the Bank's website. regulations.
The Bank has implemented transparency principles regarding 12. Remuneration Provision
financial and non-financial conditions presented in Monthly, The Bank has a Remuneration policy that includes at least:
Quarterly, Annual Publications, and Other Publications. In the a. Remuneration structure that includes at least:
Annual Publication Report, the Bank has reported governance 1) Remuneration scale based on level and position; and
implementation in accordance with Financial Services Authority 2) Remuneration components
regulations and applicable laws. b. Methods and mechanisms for determining Remuneration
Area of improvement for the Transparency of Financial and Additionally, the Bank has established a Remuneration Committee.
Non-Financial Conditions, Governance Implementation Reports,
and Internal Reporting involces improving capacity and dual In implementing the governance, the bank observes the
control processes in providing data for publication to minimize principle of prudence in providing remuneration, both fixed
re-publication due to data corrections. and variable, in accordance with the principles of reasonableness
and fairness.
Overall, Transparency of Financial and Non-Financial Conditions,
Governance Implementation Reports, and Internal Reporting 13. Shareholder Aspect
has complied with applicable regulations. Periodically (annually), CCB Indonesia holds Annual General
Meetings (AGMs). The AGM for the year 2024 was conducted
11. Bank's Strategic Plan on 7 June 2024.
The Bank's strategic plan has been formulated in the form of
the Bank Business Plan, adjusted to the Bank's Vision and Mission, The amount of cash dividends (if any) will be linked to the
and fully supported by all stakeholders. profits earned by the Company in the respective fiscal year,
without prejudice to the Company's AGM rights to determine
The Bank Business Plan (BBP) has been prepared based on otherwise in accordance with the provisions of the Company's
Financial Services Authority Regulation No. 5 /POJK.03/2016 Articles of Association and the applicable Banking regulations.
and Financial Services Authority Circular Letter No. 12 /
SEOJK.03/2021 concerning Bank Business Plans, as well as a The Bank disseminates financial and non-financial reports to
comprehensive study considering business opportunities and stakeholders through various means including letters, newspapers,
the bank's strengths while identifying weaknesses and threats. and the bank's website, including but not limited to announcing
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Corporate Governance Corporate Information Financial Statement Annual Report 229
Corporate Governance
Monthly, Quarterly, and Annual Publication Reports and reporting 15. Implementation of Sustainable Finance, Including Social and
them to the Financial Services Authority (OJK) based on OJK Environmental Responsibility
Regulation No. 37/POJK.03/2019 issued on 19 December 2019 During 2024, CCB Indonesia allocated part of its funds for social
concerning Transparency and Publication of Bank Reports, and and environmental responsibility to support the implementation
OJK Circular Letter No. 9/SEOJK.03/2020 dated 30 June 2020 of sustainable finance.
concerning Transparency and Publication of Conventional
Commercial Bank Reports. CCB Indonesia has integrated sustainable finance into its
business activities and developed a sustainable finance action
Always adhere and support the interests and rights of shareholders plan.
in accordance with applicable regulations.
CCB Indonesia has conducted business practices and investment
Bank shareholders also support the implementation of healthy strategies while considering, applying, and integrating
business activities and the continuity of the bank's operations. environmental, social, and governance values.
There is no owner intervention, internal disputes, or issues 16. Implementation of Governance Within the Bank's Business
arising from the bank's remuneration policy that disrupt the Group
bank's operational activities and/or provide undue benefits to CCB Indonesia is not a parent company or Executor of Holding
the owners, resulting in reduced bank profits and/or causing Company which is included in the Bank Business Group.
bank losses, due to owner intervention in the composition
and/or implementation of the Board of Commissioners' duties. As of 31 December 2024, CCB Indonesia does not have any
subsidiaries or associated entities.
14. Implementation of Anti-Fraud Strategy, Including Anti-Bribery
CCB Indonesia has implemented risk management and internal Hence, in 2024, CCB Indonesia has adopted governance
control systems to minimize the occurrence of bank fraud. The measures that are generally GOOD, evidenced by satisfactory
Bank has an independent Anti-Fraud Unit in place. adherence to governance principles. Where weaknesses in
governance principles exist, they are generally minor and can
In order to prevent operational deviations and violations of legal be rectified through standard management procedures by
regulations, especially fraud cases, the Bank has implemented a the Bank.
fraud detection system on 6 June 2023, to enhance the effectiveness
of internal controls as part of efforts to minimize fraud risks by
implementing Anti-Fraud and Whistleblowing strategies.
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230 Opening Business and Functional Review Financial Review
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Audit Committee Duties and In the effective and independent implementation of
Responsibilities 231 monitoring duties and responsibilities, the Board of
Risk Monitoring Committee Duties
Commissioners is supported by the Audit Committee,
and Responsibilities 231 Risk Monitoring Committee, and Remuneration and
Nomination Committee
Remuneration and Nomination
Committee Duties and
Responsibilities 231 In order to support an increase in the implementation of Good Corporate Governance
(GCG) and optimize supervision attached to the Board of Commissioners, as well as to
ensure the implementation of internal control system at all levels of operations, has been
stated in the Audit Committee Charter in accordance with the provisions of the Financial
Services Authority, Guidelines and Procedures of Risk Monitoring Committee, Remuneration
and Nomination Committee, as well as changes to members of the Committees under
the Board of Commissioners.
During 2024, the implementation of the duties of the committees that assist the Board
of Commissioners can proceed according to the Work Plan and the schedule of the annual
meeting.
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Corporate Governance Corporate Information Financial Statement Annual Report 231
Committees Report
Audit Committee Duties and Responsibilities 2. Conduct a review of the implementation of risk management
which consists of a risk profile report and other reports related
The duties and responsibilities of the Audit Committee are to assist to the management of 8 (eight) types of risk.
the Board of Commissioners in order to support the effectiveness 3. Monitor the adequacy of the process of identification, measurement,
of the implementation of their duties and responsibilities, including: monitoring, control and risk management information systems.
1. Monitoring and evaluating the planning and implementation 4. Monitoring and evaluating the implementation of the duties of the
of internal audits as well as monitoring the follow-up of internal Risk Management Committee and the Risk Management Division.
audit results in order to ensure the accuracy of the design and
operational effectiveness of internal controls, including internal Remuneration and Nomination Committee
control over financial reporting.
2. Carrying out monitoring and evaluation of:
Duties and Responsibilities
▪ Implementation of the duties of the Internal Audit Work Unit. The duties and responsibilities of the Remuneration and Nomination
▪ Suitability of the audit by a public accounting firm with Committee are to assist the Board of Commissioners in order to
audit standards; support the effectiveness of the implementation of their duties
▪ Suitability of financial statements with financial accounting and responsibilities, including:
standards; 1. Related to remuneration duties, the Remuneration and Nomination
▪ Implementation of follow-up by the Board of Directors on the Committee has the following duties and responsibilities:
findings of the Internal Audit Division, public accountants, and a. The Remuneration and Nomination Committee must
the results of the supervision of the Financial Services Authority evaluate the remuneration policy and system.
to provide recommendations to the Board of Commissioners. b. The Remuneration and Nomination Committee must provide
3. Providing recommendations regarding the appointment of recommendations to the Board of Commissioners regarding:
public accountants and public accounting firms to the Board 1) Remuneration policies and systems for the Board of
of Commissioners to be recommended to the GMS. Commissioners and Board of Directors of both local
4. Reviewing financial information to be issued by the Bank to and foreign workers, to be submitted to the General
the public and / or authorities, including financial statements, Meeting of Shareholders;
projected financial statements and other reports related to the 2) Remuneration policies and systems for Executive Officers
Bank's financial information. and employees both from local and foreign workers
5. Reviewing complaints related to the Bank's accounting and as a whole to be submitted to the Board of Directors.
financial reporting processes. c. The Remuneration and Nomination Committee must ensure
6. Reviewing the Bank's compliance with the laws and regulations that the remuneration policy is at least in accordance with:
relating to the Bank's activities. 1) Financial performance and fulfilment of reserves as
7. Providing independent opinion in the event of disagreements regulated in applicable laws and regulations;
between management and public accountants for the services 2) Individual work performance;
they provide. 3) Fairness with peer groups;
8. Providing recommendations to the Board of Commissioners 4) Consideration of the Bank's long-term goals and strategies.
regarding the appointment of a Public Accountant based on
independence, the scope of the engagement and fees 2. Related to the nomination duties, the Remuneration and
(compensation for services). Nomination Committee has the following duties and
9. Reviewing the implementation of audits by internal auditors responsibilities:
and overseeing the implementation of follow-up by the Directors a. The Remuneration and Nomination Committee must prepare
on the findings of internal auditors. and provide recommendations regarding the system and
10. Reviewing and providing advice to the Board of Commissioners procedure for selecting and/or replacing members of the
regarding the potential conflict of interests of the Bank. Board of Commissioners and Board of Directors from both
11. Maintaining the confidentiality of documents, data and information local and foreign workers to the Board of Commissioners to
obtained by the Bank in the context of carrying out its role. be submitted to the General Meeting of Shareholders.
b. The Remuneration and Nomination Committee must
Risk Monitoring Committee Duties and provide recommendations:
1) Regarding prospective members of the Board of
Responsibilities Commissioners and/or Board of Directors of both local
The duties and responsibilities of the Risk Monitoring Committee and foreign workers to the Board of Commissioners to
are to assist the Board of Commissioners in order to support the be submitted to the General Meeting of Shareholders.
effectiveness of the implementation of their duties and responsibilities. 2) Providing recommendations regarding Independent
1. Providing recommendations to the Board of Commissioners Parties who will become members of the Audit
by evaluating the suitability of the risk management policy and Committee or Risk Monitoring Committee to the Board
the implementation of the policy. of Commissioners.
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232 Opening Business and Functional Review Financial Review
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c. Recommendation procedures for prospective members Accounting Firm to the Board of Commissioners. In addition,
of the Board of Commissioners, and/or Board of Directors the Audit Committee has evaluated the Implementation of
of both local and foreign workers, and/or Independent the Provision of Audit Services on the Company's annual
Parties as referred to in item b) above are carried out as historical financial information for the 2024 fiscal year by the
follows: Public Accounting Firm (KAP) Purwantono, Sungkoro, Surja.
1) The Remuneration and Nomination Committee evaluates
prospective members of the Board of Commissioners, 2. Risk Monitoring Committee Activities
or candidates for the Board of Directors from both local During 2024 the Risk Monitoring Committee has held 11 (eleven)
and foreign workers, or candidates for Independent meetings, all of which were attended by more than 51% (fifty
Parties. one percent) of the total members of the Risk Monitoring
a) Assessments are carried out based on competencies, Committee including Independent Commissioners and
and track records of the candidates. Independent Parties. The Risk Monitoring Committee has
b) In addition, the assessment can be done through provided suggestions, input and recommendations to the
interviews with prospective members of the Board Board of Commissioners.
of Commissioners, or Prospective Directors from
both local and foreign workers, or candidates for The Risk Monitoring Committee provides recommendations
Independent Parties; to the Board of Commissioners by evaluating the suitability
c) If needed, the Remuneration and Nomination between risk management policies and the implementation
Committee can use an independent Professional of these policies. The Risk Monitoring Committee monitors and
Institution to conduct the assessment. evaluates the implementation of the tasks of the Risk Management
2) Based on the results of the assessment, the Remuneration Committee and the Risk Management Division.
and Nomination Committee:
a) Providing recommendations for candidates for 3. Remuneration and Nomination Committee Activities
Directors and/or Commissioners from both local During 2024 the Remuneration and Nomination Committee
and foreign workers to the Board of Commissioners held 7 (seven) meetings, all of which were attended by more
to be submitted at the GMS. than 51% (fifty one percent) of the total members of the
b) Providing recommendations regarding Independent Remuneration and Nomination Committee including an
Parties who will become members of the Audit Independent Commissioner and Executive Officer in charge
Committee or the Risk Monitoring Committee to of human resources or employee representatives. The
the Board of Commissioners. Remuneration and Nomination Committee has provided
suggestions, input and recommendations to the Board of
To support the smooth running of their duties, each committee Commissioners.
has had work guidelines and procedures.
The supervisory mechanism by evaluating the suitability of the
Implementation of duties of the Committees throughout 2024 remuneration policy with financial performance and the
seen from the minutes of the committee meeting, notes contain fulfillment of reserves as regulated in the applicable laws and
recommendations to the Board of Commissioners, notes and/or regulations; individual work performance; fairness with peer
working papers corresponding to monitoring and evaluation in groups; and consideration of the Bank's long-term goals and
accordance with the functions of each committee as follows: strategies.
1. Audit Committee Activities Composition of the committee members under the Board of
During 2024 the Audit Committee has held 16 (sixteen) meetings, Commissioners is in accordance with the size and complexity
all of which were attended by more than 51% (fifty one percent) of CCB Indonesia. All members of the Committees under the
of the total members of the Audit Committee including Board of Commissioners have good track record of integrity,
Independent Commissioners and Independent Parties. The character, and good moral that are well maintained by each
Audit Committee has provided suggestions, input and individual.
recommendations to the Board of Commissioners.
Committee meeting decisions are taken by deliberation and/or a
The Audit Committee has participated in a series of stages majority vote. The results of the committee meeting have been
regarding the implementation of the audit of the Company's stipulated in the minutes of meetings and are well documented.
Financial Statements by the Public Accounting Firm (KAP), The results of the committee meetings are always sought to be
namely the Audit Committee has provided recommendations taken into consideration and recommendation to the Board of
for the appointment of a Public Accountant and a Public Commissioners in decision making.
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Corporate Governance Corporate Information Financial Statement Annual Report 233
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Corporate Information
05
Sun Flower
Sunflower is considered a flower that has
philosophical meanings related to love, sacrifice,
loyalty, and longing. Its bright yellow color is also a
symbol of fortune.
Page 236
Organizational Structure
BOARD OF COMMISSIONERS
Risk Management
Guo Meijun, M. Hasan,
Committee
Yudo Sutanto, Nyoo
Credit Committee
BOARD OF DIRECTORS
Credit Policy Committee
President Director
Jiang Yongdong1)
ALCO
IT Committee
Human Capital Committee
Corporate & International Commercial & Retail Banking
Banking Director Director
Zhu Yong Setiawati Samahita
Strategic Transformation
Internal Audit Division **) Trade Finance Division Commercial Division
Division *)
Rita Fitria R. Adhi Susatyo Djunaedi Hidajat
Vacant
IT Development Small & Medium
Anti Fraud Unit **) China Desk 1 Division
Management Division ***) Enterprise (SME) Division
Teguh Prihatno Jing Ting
Huang Yi Lukman Ferdian N
IT Development Corporate Banking 2
Digital Banking Division Consumer Asset Division
Management Division ***) Division
Hu Qiufeng Iwan Tanudjaja
Thwn Andy Tjayady Dennis Pratama S
Specialist Asset Credit Operation Division Treasury & Financial Liabilities & Branch
Management Division ****) ****) Institution Division Network Division
Noviyanto Halim Eko Wahyu S. Suriyanto Chang Dian Anggraeni
Regions/Branches
Page 237
Organizational Structure
Risk Monitoring Committee Risk Management Committee : Agresius R. Kadiaman, Junianto, Zhu Yong, Suandi Sitorus, Rita
Fitria, Vidya Maman T
Yudo Sutanto, M. Sumarsono,
Credit Committee : Zhu Yong, Setiawati Samahita, Junianto
Mulyadi
Credit Policy Committee : Agresius R. Kadiaman, Zhu Yong, Setiawati Samahita, Junianto,
Suandi Sitorus, Jusry Hausjah, R Adhi Susatyo, Dennis Pratama,
Jing Ting, Iwan Tanuwijaya, Djunaedi Hidayat, Lukman Ferdian
Remuneration & Nomination N, Eko Wahyu S, Vidya Maman T, Rita Fitria
Committee ALCO : Junianto, Zhu Yong, Setiawati Samahita, Jusry Hausjah, Fan Man,
M. Hasan, Irwan B R Adhi Susatyo, Iwan Tanuwijaya, Djunaedi Hidayat, Lukman
Ferdian N, Jing Ting, Dian Anggraeni, Suriyanto Chang, Syahruddin
Yulis, Agus Setiawan, Lilis Tanuwijaya, Ka Tjing, Christiana Hidayati,
Tang Amir, Sui Seng, Liauw Tarsisius F, Herman Indra
Audit Committee IT Committee : Junianto, Agresius R. Kadiaman, Hu Qiufeng, Then Andy Tjayadi,
M. Hasan, M. Hassan, M. Huang Yi, Andana Eka A, Suandi Sitorus, dan Toni Batubara
Sumarsono Human Capital Committee : Junianto, Agresius R. Kadiaman, Zhu Yong, Setiawati Samahita,
Irwan Bonto
Notes:
*) Supervised temporarily by Compliance Director
**) Supervised temporarily by Corporate & International Banking Director
***) Supervised temporarily by Operation Director
****) Supervised temporarily by Commercial & Retail Banking Director
1)
Effective as President Director of Company since 14 March 2025 based on the approval from the
Financial Services Authority No. KEPR-10/D.03/2025 dated 26 February 2025.
Finance Director Operation Director Compliance Director
Vacant Junianto Agresius R. Kadiaman
Corporate Secretary &
Credit Review Division Operation Division Legal Division
Communication *)
Jusry Hausjah Andana Eka Artjana Irarto Purwasidarma
Thomas Widianto
Asset Liability
Human Capital Division Trade Operation Division Compliance Division
Management Division **)
Irwan Bonto Iwan A.P.W. Yuliawan Vidya Maman T
Vacant
Accounting & Operation Development Risk Management
General Affair &
Tax Division ***) Division Division
Infrastructure Division
Syahruddin Yulis Toni A. Baturara Suandi Sitorus
Rio Hardanto
Customer Complaint Corporate Policy,
Handling Unit (UP3N) *) Guidelines & Procedure
Division
Ari Landjang Victorius Hananto
Page 238
238 Opening Business and Functional Review Financial Review
Board of Commissioners Profile
Qi Jiangong, President Commissioner
Commissioner : served from 6 June 2017 to 2 December 2024
President Commissioner : served from 2 December to 20 December 2024
Chinese citizen, born in Shanxi, China in 1970. He obtained his Bachelor of
Economics from Renmin University of China in 1992 and his Master Degree from
the University of International Business and Economics, majoring in International
Accounting Management and graduated in 1997.
Appointed as Commissioner through the GMS on 14 October 2016, and declared
effective from 6 June 2017 to 2 December 2024.
Subsequently appointed as President Commissioner through Annual General
Meeting of Shareholders on 7 June 2024 and effective from 2 December 2024 to
20 December 2024.
Began his career at China Construction Bank Corporation since July 1997 as a
Business Manager who is responsible for managing assets/ liabilities. From October
2000 until March 2001, he held various strategic positions at China Construction
Bank Corporation. Furthermore, from March 2001 until July 2008, he was appointed
as Chief Manager and Deputy Chief Manager who is responsible for the financial
market department. Then in March 2008 until 2 August 2022, he was appointed
as Deputy General Manager and Chief Manager of Strategic Investment and
Management Department, who was in charge of Bank's strategic investments.
He was appointed as Chairman, Non-Executive Director of BlackRock CCB Wealth
Management Limited on 10 May 2021 until now.
Starting 2 August 2022 until now, he was appointed as General Manager of
Financial Institutional Business Department of China Construction Bank Corporation,
who is responsible for the management of the financial institution business.
As a Non-Independent Commissioner, he undertakes the functional duties from
China Construction Bank Corporation (the Bank shareholders in the form of a legal
entity).
Trainings attended in 2024, among others:
Training on “Banking Risk Management with Qualification 6 for Commissioners”
by IRPA & BSMR on 9-12 July 2024 in Jakarta.
As a member of Board of Commissioners, he has adhered to all the requirements
stipulated in the Financial Services Authority Regulation No. 33/POJK.04/2014
(formerly Capital Market Authority Regulation IX.I.6), No. 27/POJK.03/2016, Circular
Letter of Financial Services Authority No. 39/SEOJK.03/2016 and has obtained
approval from Financial Services Authority No. KEPR-157D.03/2024 dated 28
November 2024.
Special Assignment:
Member of Remuneration and Nomination Committee since 27 September 2017
until 20 December 2024.
Page 239
Corporate Governance Corporate Information Financial Statement Annual Report 239
Board of Commissioners Profile
Guo Meijun, Commissioner
Chinese citizen, born in Shanxi, China in 1976. She obtained her Bachelor's Degree
in International Trade from Shanxi University of Finance & Economics in 1998,
Master's degree in Industrial Economics from Shanxi University of Finance &
Economics in 2002, and Doctoral degree in International Trade from Graduate
School of Chinese Academy of Social Sciences in 2005.
Appointed as Commissioner through GMS on 7 June 2024, and declared effective
from 2 December 2024 until now.
She started her career in the International Business Department of China Construction
Bank Corporation in July 2006 as Manager, Assistant Chief in the International
Settlement & Trade Finance division of the International Business Department,
responsible for the development of international settlement and trade finance.
From 2013 to 2021, she held various strategic positions in the International Business
Department of China Construction Bank Corporation, namely as Deputy Chief of
Overseas Business Division from July 2013 to July 2015, as Chief of Cross Border
RMB Business Division from July 2015 to July 2019, and then from July 2019 to
June 2021, she was appointed as Chief of Foreign Cooperation & Cross Border
Matchmaking division in the International Business Department.
Subsequently, from June 2021 to August 2023, she was appointed as Deputy
Mayor of Hanyin County, Shaanxi Province, in charge of investment and management
of financial institutions.
From September 2023 to present, she has been serving as Deputy General Manager
of International Business Department of China Construction Bank Corporation in
charge of Overseas Business management.
As a Non-Independent Commissioner, she undertakes the functional duties from
China Construction Bank Corporation (the Bank shareholders in the form of a legal
entity).
Trainings attended in 2024, among others:
Training on “Banking Risk Management with Qualification 6 for Commissioners”
by IBI-BCC on 15 – 22 June 2024.
As a member of the Board of Commissioners, she has adhered to all the requirements
stipulated in the Financial Services Authority Regulation No. 33/POJK.04/2014
(formerly Capital Market Authority Regulation IX.I.6), No. 27/POJK.03/2016, Circular
Letter of Financial Services Authority No. 39/SEOJK.03/2016 and has obtained
approval from Financial Services Authority No. KEPR-156/D.03/2024 dated 28
November 2024.
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240 Opening Business and Functional Review Financial Review
Board of Commissioners Profile
Mohamad Hasan, Independent Commissioner
Indonesian citizen, born in Palembang in 1944. He obtained his Bachelor of Laws
in 1972 from Sriwijaya University, Palembang.
Appointed as Independent Commissioner since 24 June 2010 and continued
after the merger of Bank Windu and Bank Anda as of 30 November 2016 based
on the approval from the Financial Services Authority No. SR-104/PB.12/2016.
Began his career at Citibank Jakarta from May 1974 until April 1977. He then
worked at PT Multinational Finance Corporation (PT Multicor) from May 1977.
From the period of August 1985 until October 1991, he was appointed as Executive
Director, then from November 1991 until January 2003, he was appointed as
President Director. Then at PT Bank Multicor as Independent Commissioner from
June 2003 until June 2008. Since October 2008 until 2009, he served as Commissioner
in several national private companies in Jakarta. And since May 2010, he was
reappointed as an Independent Commissioner in the Company.
Trainings attended in 2024, among others:
▪ Training on “Risk Management Refreshment Level 6 for Commissioners” by
SDG Learning on 7 February 2024 in Jakarta.
▪ Training on IT Security “Challenges and Obstacles in Digital Transformation”
by CCB Indonesia on 3 April 2024 in Jakarta.
▪ Training on “Banking Risk Management with Qualification 6 for Commissioners”
by IRPA & BSMR on 23-26 April 2024 in Jakarta.
As a member of the Board of Commissioners, he has adhered to all the requirements
stipulated in the Financial Services Authority Regulation No. 33/POJK.04/2014
(formerly Capital Market Authority Regulation IX.I.6), No. 27/POJK.03/2016, Circular
Letter of Financial Services Authority No. 39/SEOJK.03/2016 and has obtained
approval from the Financial Services Authority No. KEP-101/D.03/2016 dated 30
November 2016.
Special Assignment:
Chairman of Remuneration and Nomination Committee since 22 October 2010
until now.
Chairman of Audit Committee since 14 March 2017 until now.
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Corporate Governance Corporate Information Financial Statement Annual Report 241
Board of Commissioners Profile
Yudo Sutanto, Nyoo, Independent Commissioner
Indonesian citizen, born in Malang, East Java in 1954. He obtained his Bachelor
of Finance in 1981 from California State University, Los Angeles, United States of
America.
Appointed as Independent Commissioner since 2 November 2016 based on the
approval from the Financial Services Authority No. SR-173/PB.121/2016.
Began his career at PT Bank Antardaerah since 1982 in various important positions.
In 1990, he was appointed as President Director, and in 1999 as Chairman of the
Audit Board of PT Bank Antardaerah. Since March 1999, he served as a member
of Board of Commissioners.
Trainings attended in 2024, among others:
▪ Training “Risk Management Refreshment Level 6 for Commissioners” by SDG
Learning on 7 February 2024 in Jakarta.
▪ Training on IT Security “Challenges and Obstacles in Digital Transformation”
by CCB Indonesia on 3 April 2024 in Jakarta.
▪ Training on “Banking Risk Management with Qualification 6 for Commissioners”
by IRPA & BSMR on 23 – 26 April 2024 in Jakarta.
As a member of the Board of Commissioners, he has adhered to all the requirements
stipulated in the Financial Services Authority Regulation No. 33/POJK.04/2014
(formerly Capital Market Authority Regulation IX.I.6), No. 27/POJK.03/2016, Circular
Letter of Financial Services Authority No. 39/SEOJK.03/2016 and has obtained
approval from the Financial Services Authority No. KEP-63/D.03/2016 dated 27
October 2016.
Special Assignment:
Chairman of Risk Monitoring Committee since 21 February 2017.
None of the Independent Commissioners has any financial, management, ownership, family relationship with other members of Board
of Commissioners, Board of Directors and/or Controlling Shareholders or any relationship with the Company, which may affect their
ability to act independently.
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242 Opening Business and Functional Review Financial Review
Board of Directors Profile
Jiang Yongdong, President Director
Appointed at the EGMS on 20 December 2024 and effective since 14 March 2025
Chinese citizen, born in Shandong Province, China in 1970. Obtained his Bachelor’s
degree in Systems Engineering from Tianjin University – China in 1992.
Effective as President Director of Company since 14 March 2025 based on the
approval from the Financial Services Authority No.No. KEPR-10/D.03/2025 dated
26 February 2025.
Started his career at China Construction Bank (“CCB”) Yantai Branch International
Business Department in July 1992 as Business Manager, then became Deputy
Chief Manager in March 1998 and was promoted to Chief Manager in August
2000.
Since 2001, he has held various executive positions in CCB, namely as President
Director of CCB Yantai Laishan District Sub-Branch in June 2001, then served as
Deputy General Manager of CCB Shandong Province Branch in April 2002, served
as President Director of CCB Jinan Gaoxin Branch in September 2004, then became
General Manager of CCB Shandong Province Branch in December 2007 and
appointed as President Director of CCB Jining Branch in December 2011.
In February 2014, he served as Chief Manager of Foreign Currency Management
Division in the International Business Department of CCB Corporation, and became
Deputy Executive President of China Construction Bank Brazil Subsidiary in March
2015.
Then in February 2024 was appointed as Senior Advisor on Comprehensive
Management for Overseas Subsidiaries/Branches in the Human Resources
Department of CCB Corporation.
Trainings attended in 2024, among others:
1. Training on “AML and Fintech Program” by CCB Corporation in August 2024.
2. Training on “Risk Management for Directors of Commercial Banks Level 7” by
IBI – BCC on 9 – 18 December 2024 in Jakarta.
As President Director, he leads other Directors, and oversees Internal Audit, Credit
Review, Information Technology (IT) Development and IT Operations Management,
Strategic Transformation, Digital Banking, Anti-Fraud, and Special Asset Management.
As a member of the Board of Directors, he has adhered to all the requirements
stipulated in the Financial Services Authority Regulation No. 33/POJK.04/2014
(formerly Capital Market Authority Regulation IX.I.6), No. 27/POJK.03/2016, Circular
Letter of Financial Services Authority No. 39/SEOJK.03/2016 and has obtained
approval from the Financial Services Authority No. KEPR-10/D.03/2025 dated 26
February 2025.
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Corporate Governance Corporate Information Financial Statement Annual Report 243
Board of Directors Profile
You Wennan, President Director
Served from 2 May 2018 to 20 December 2024
Chinese citizen, born in Fujian, China in 1967. He obtained his Bachelor’s Degree
in Automatic Control from Northwestern Polytechnic University – China in 1991.
Became President Director of Company since 2 May 2018 based on the approval
from the Financial Services Authority No. KEP-88/D.03/2018 until 20 December
2024. Previously served as Director of the Company since 30 November 2016.
Began his career in China Construction Bank (“CCB”) at Fuzhou Branch in September
1991 as Business Manager. In June 1992 as Business Manager of CCB Fujian Province
in IT Department, then in March 2000 – February 2007 he became a Deputy
General Manager.
In February 2007, served at CCB Fujian Province Branch in Corporate Banking
Department as Deputy General Manager. Then in February 2008 as General
Manager at CCB Fujian Province Branch in Institution Clients Department. In March
2010, he became General Manager at CCB Longyan Branch. He then served at
CCB Quanzhou Branch in January 2014 as General Manager.
In October 2014, he became Deputy Director of Agency Services Companies and
Management Committee at CCB Fujian Branch.
Then from April 2016 worked in Indonesia as Deputy Head of the Preparatory
Team until November 2016, effective as Director of the Company. Then starting
from 2 May 2018, he effectively became the President Director of the Company.
Trainings attended in 2024, among others:
1. Training on IT Security “Challenges and Obstacles in Digital Transformation”
by CCB Indonesia on 3 April 2024 in Jakarta.
2. “RCEP Regional Operation and Management” Seminar by CCB Corporation
on 26 June 2024 in Hong Kong.
3. Training on “Risk Management for Directors of Commercial Banks Level 7 Batch
4” by IRPA and BSMR on 17 - 18 July 2024 in Jakarta.
4. Training “AML, CFT & CPF Refreshment” by CCB Indonesia on 17 December
2024 in Jakarta.
As President Director, he leads other Directors, and oversees Internal Audit,
Information Technology (IT) Development and IT Operations Management,
Strategic Transformation, Credit Operations, Digital Banking, Anti-Fraud and Special
Asset Management.
As a member of the Board of Directors, he has adhered to all the requirements
stipulated in the Financial Services Authority Regulation No. 33/POJK.04/2014
(formerly Capital Market Authority Regulation IX.I.6), No. 27/POJK.03/2016, Circular
Letter of Financial Services Authority No. 39/SEOJK.03/2016 and has obtained
approval from the Financial Services Authority No. KEP-88/D.03/2018 dated 27
April 2018.
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244 Opening Business and Functional Review Financial Review
Board of Directors Profile
Zhu Yong, Director of Corporate & International Banking
Chinese citizen, born in Guizhou, China in 1975. He obtained his Bachelor of Economics
from Shanghai Finance and Economics University, China in 1996 and his Master’s
degree in Accounting from Tsinghua University, China in 2008.
Appointed as Director of the Company since 29 March 2019. Began his career in
China Construction Bank Corporation (CCB) in July 1996 in various key and strategic
positions. Started at CCB Guizhou Branch in Accounting Department until February
2001, continued to CCB Tongren Branch until July 2003 with his last position as
General Manager of Finance & Accounting Department. Returned to CCB Guizhou
Branch until October 2014, his last position was General Manager of Investment
Banking Department.
In October 2014, he was appointed as Director of CCB Guiyang Jingrui Branch and
then in November 2014 was appointed as President Director at CCB Guiyang Jingrui
Branch, in this matter responsible for comprehensive management of CCB Guiyang
Jingrui Branch, including business development, internal risk control, and others.
Trainings attended in 2024, among others:
1. Management Training by CCB Corporation on 27 – 29 February 2024 in Beijing,
China.
2. Training on IT Security “Challenges and Obstacles in Digital Transformation”
by CCB Indonesia on 3 April 2024 in Jakarta.
3. Training on “Risk Management for Directors of Commercial Banks Level 7 Batch
4” by IRPA and BSMR on 17 – 18 July 2024 in Jakarta.
4. Training on “Refreshment for Treasury Certification Level 7” by ACI Financial
Market Association on 12 October 2024 in Jakarta.
5. Training “AML, CFT & CPF Refreshment” by CCB Indonesia on 23 December
2024 in Jakarta.
As a Director, he oversees Transaction Banking Division, China Desk 1 Division,
Corporate Banking 2 Division, and Treasury & Financial Institution Division.
Notes:
Currently, he also temporarily oversees Internal Audit Division, Digital Banking
Division, Anti-Fraud Unit and Asset Liability Management Division.
As a member of the Board of Directors, he has adhered to all the requirements
stipulated in the Financial Services Authority Regulation No. 33/POJK.04/2014
(formerly Capital Market Authority Regulation IX.I.6), No. 27/POJK.03/2016, Circular
Letter of Financial Services Authority No. 39/SEOJK.03/2016 and has obtained
approval from the Financial Services Authority No. KEP-4/D.03/2019 dated 4 January
2019.
Page 245
Corporate Governance Corporate Information Financial Statement Annual Report 245
Board of Directors Profile
Setiawati Samahita, Director of Commercial & Retail Banking
Served from 30 November 2016 to 24 April 2025
Indonesian citizen, born in Pekan Baru in 1961. She obtained her Bachelor of
Agricultural Technology from the Faculty of Agricultural Technology majoring in
Food Science and Nutrition with a predicate of Very Satisfactory from Bogor
Agricultural University in 1984 and her Master’s Degree in Management from PPM
School of Management Jakarta in 2007 with a predicate of Cum Laude.
Appointed as Director of the Company since June 2010 and continued after the
merger of Bank Windu and Bank Anda as of 30 November 2016 based on the
approval from the Financial Services Authority No. SR-104/PB.12/2016.
Began her career at PT Sanmaru Food Manufacturing (PT Indofood S.M) as Assistant
Manager of Snack Food Research & Development from March 1985 until March
1986. Then in April 1986 at FEBC Manila Jakarta (YASKI) Radio as Head of Recording
Studio until December 1988. Began her banking career at Bank Bali in June 1990
as Development Program Officer until December 1990. Subsequently she held
various positions as Account Officer from December 1990 until February 1995, as
Team Leader of Commercial Loan Bogor from March 1995 until October 1995.
Promoted as General Manager at PT Bank Bali Bogor from November 1995 until
December 1995. At the same time, she served as Commissioner at BPR Bali
Dayaupaya Mandiri from July 1995 until May 1998. Then as Chief General Manager
from January 1996 until May 2000, and since June 2000 was promoted as General
Manager Forex Trading Business until August 2000. Next, she served at PT Bank
Lippo as Deputy Regional Head from September 2000 until February 2001. She
served at PT Bank OCBC NISP as Head of Bogor Branch from March 2001 until
January 2005. Continued as Branch Department Head of Reg.2 from February
2005 until June 2006 and was promoted as Region Head of Reg. 5 from July 2006
until January 2009. In January 2009, she served as Senior Corporate Executive
concurrent as Region Head of Sumatra until November 2009.
Trainings attended in 2024, among others:
1. Training on IT Security “Challenges and Obstacles in Digital Transformation”
by CCB Indonesia on 3 April 2024 in Jakarta.
2. Training on “Risk Management for Directors of Commercial Banks Level 7 Batch
3” by IRPA and BSMR on 24 - 25 April 2024 in Jakarta.
3. Training “AML, CFT & CPF Refreshment” by CCB Indonesia on 12 December
2024 in Jakarta.
As a Director, she oversees Commercial Division, Small & Medium Enterprise (SME)
Division, Consumer Asset Division, Liabilities & Branch Network Division and
Regions / Branches.
Notes:
Currently, she also temporarily oversees Credit Operation Division and Special
Asset Management Division
As a member of the Board of Directors, she has adhered to all the requirements
stipulated in the Financial Services Authority Regulation No. 33/POJK.04/2014
(formerly Capital Market Authority Regulation IX.I.6), No. 27/POJK.03/2016, Circular
Letter of Financial Services Authority No. 39/SEOJK.03/2016 and has obtained
approval from the Financial Services Authority No. KEP-103/D.03/2016 dated 30
November 2016.
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246 Opening Business and Functional Review Financial Review
Board of Directors Profile
Junianto, Director of Operations
Indonesian citizen, born in Rembang in 1967. He obtained his Bachelor of Economics/
Management from Satya Wacana Christian University – Salatiga (UKSW) in 1991 and
his Master’s degree in Management (MM Executive) from Prasetya Mulya Graduate
School – Jakarta in 2002.
Appointed as Director of the Company since August 2013 and continued after the
merger of Bank Windu and Bank Anda as of 30 November 2016 based on the approval
from the Financial Services Authority No. SR 104/PB.12/2016.
Began his career at PT Bank Universal, Tbk (now is PT Bank Permata, Tbk) from May 1992
until March 1993 as Trainee of Management Development Program (MDP). In April 1993,
he was appointed as Account Officer of Semarang Branch until May 1995. From June 1995,
he served as Team Leader of Corporate Banking Jakarta until December 1997. Then from
January 1998 until December 1999, he became the Head Caretaker of Bandung Branch.
Then from January 2000, he served as Account Manager, Jakarta until March 2003. In April
2003, he became Team Leader – Parts, Tools & Machinery. From May 2003, he started his
career at PT Bank NISP Tbk as Credit Risk Section Head Jakarta until December 2004. From
January 2005 until September 2005, he served as Commercial Credit Development Head.
Then from September 2005, he was appointed as Corporate Business Head Jakarta until
January 2006. Continued as Marketing Coordinator of Jakarta V until February 2006. Then
served as Marketing Department Head of Regional V Jakarta and Branch Head of Bekasi
concurrent as Area Coordinator from February 2006 until January 2009. Continued as
Distribution Head of Metro Surabaya (Emerging Business and Commercial Head) in January
2009 until June 2010. From July 2010, he worked at PT Bank Windu Kentjana International,
Tbk as Regional Head of Jabodetabek until December 2010. Then he was appointed as
Regional Head Sumatera, Bali, Pontianak & Jatabek in January 2011 until August 2013.
Trainings attended in 2024, among others:
1. Training on IT Security “Challenges and Obstacles in Digital Transformation” by
CCB Indonesia on 3 April 2024 in Jakarta.
2. Training on “Risk Management for Directors of Commercial Banks Level 7 Batch
3” by IRPA and BSMR on 24 – 25 April 2024 in Jakarta.
3. Socialization of Payment System to Payment Service Provider Industry by Bank
Indonesia on 26 August 2024 in Jakarta.
4. The 8th Asia Pacific HR Forum: “Building Healthy and High Performance Organization:
Opportunities and Implementation Strategies” by PT. Intipesan Prawira on 4 – 5
September 2024 in Bali.
5. Seminar on “Laveraging Collaboration for Optimal Performance and Cyber
Resilience” by PT Rintis Sejahtera on 23 – 25 October 2024 in Bali.
6. Training “AML, CFT & CPF Refreshment” by CCB Indonesia on 30 December 2024
in Jakarta.
As a Director, he oversees Human Capital Division, Operation Development Division,
Operation Division, Trade Operation Division, General Affair & Infrastructure Division
and Credit Review Division.
Notes:
Currently, he also temporarily oversees IT Development Management Division, IT
Operation Management Division and Accounting & Tax Division.
As a member of the Board of Directors, he has adhered to all the requirements stipulated
in the Financial Services Authority Regulation No. 33/POJK.04/2014 (formerly Capital
Market Authority Regulation IX.I.6), No. 27/POJK.03/2016, Circular Letter of Financial
Services Authority No. 39/SEOJK.03/2016 and has obtained approval from the Financial
Services Authority No. KEP-109/D.03/2016 dated 30 November 2016.
Page 247
Corporate Governance Corporate Information Financial Statement Annual Report 247
Board of Directors Profile
Agresius Robajanto Kadiaman, Director of Compliance
Indonesian citizen, born in Jakarta in 1967, He obtained his Bachelor of Economics
majoring in Economics & management from the University of Indonesia in 1991
and his Master’s degree in Business Administration from Nanyang Technological
University, Singapore in 2003.
Appointed as Director of the Company since 6 February 2019.
He began his career in banking at Citibank N.A. in April 1991 until April 1997,
including as Financial Control Staff, Relationship Manager and lastly served as
Assistant Vice President, Financial Institutions and Custody.
After that, he continued his career at PT Bank Danamon Tbk since May 1997 until
November 1999 with last position as Head of Treasury and International Division.
Since November 1999 until July 2002, he worked at the Indonesian Bank Restructuring
Agency in various key positions such as the Head of Bank Restructuring and Head of
Risk Management and Compliance Division. In the period of November 1999 until
November 2000, he was appointed as Member of the Management Team at PT Bank
Bali Tbk in the framework of the bank restructuring and recapitalization process.
After completing his Master’s degree at Nanyang Technological University, he
restarted his career as an Advisor at PT Trans Pacific Petrochemical Indotama in
September 2003 until February 2004. Then in February 2004, he was appointed
as the Director of Finance at PT Tuban Petrochemical Industries until May 2004.
In May 2004, he returned to PT Trans Pacific Petrochemical Indotama until August
2008 with last position as the Vice President Director and Chief Financial Officer.
He continued his career at PT Sampoerna Strategic in Micro Finance Business Unit
in August 2008 as the Chief Financial Officer and Acting Chief Risk Officer until
December 2011. In the period of January 2012 until April 2015, he was appointed
as the Director of Finance at PT Bank Sahabat Sampoerna.
Subsequently became the Country Channel Partner at BIG APC Singapore in May
2015 until July 2016, and in almost the same period, he was appointed as the
President Director of PT Karabha Digdaya in October 2015 until July 2016.
In July 2016, he was appointed as the Director of Finance at PT Sarana Multi
Infrastruktur until July 2018. Meanwhile, in September 2016, he also became an
Advisor to the Board of Directors at PT Karabha Digdaya until early February 2019.
In September 2018 until the beginning of February 2019, he also served as an
Advisor to the Executive Management in Non-Government Budget Investment
Financing (PINA), Ministry of National Development Planning.
Trainings attended in 2024, among others:
1. Training “The Role of the P2SK Law in Providing a Deterrent Effect for Illegal
Financial Services Actors” by OJK Institute on 15 February 2024 in Jakarta.
2. Training on “Risk Management for Directors of Commercial Banks Level 7 Batch
1” by IRPA and BSMR on 13 – 14 March 2024 in Jakarta.
3. Training on IT Security “Challenges and Obstacles in Digital Transformation”
by CCB Indonesia on 3 April 2024 in Jakarta.
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248 Opening Business and Functional Review Financial Review
Board of Directors Profile
4. “Training session for Chief Risk Officers of Overseas
Institution” by CCB Corporation on 13 - 18 October
2024 di Shenzhen, China.
5. Training “AML, CFT & CPF Refreshment” by CCB
Indonesia on 31 December 2024 in Jakarta.
As a Director, he oversees Legal Division, Compliance
Division, Risk Management Division and Corporate
Policy Guidelines & Procedures Division.
Notes:
Currently, he also temporarily oversees Strategic
Transformation Division, Corporate Secretary &
Communication and Customer Complaint Handling
Unit (UP3N).
As a member of the Board of Directors, he has adhered
to all the requirements stipulated in the Financial
Services Authority Regulation No. 33/POJK.04/2014
(formerly Capital Market Authority Regulation IX.I.6),
No. 27/POJK.03/2016, Circular Letter of Financial
Services Authority No. 39/SEOJK.03/2016 and has
obtained approval from the Financial Services Authority
No. KEP-17/D.03/2019 dated 31 January 2019.
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Corporate Governance Corporate Information Financial Statement Annual Report 249
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250 Opening Business and Functional Review Financial Review
Executive Officers
Place and Date of
No Name Citizen Last Position Join Date Education Major University
Birth
1 Thomas Widianto WNI Corporate Secretary Yogyakarta 07 Aug 1971 18 Mar 2010 Bachelor Management Universitas Atma Jaya
Yogyakarta
2 Rio Hardanto WNI General Affair & Infrastructure Division Head Jakarta 18 May 1975 17 Jul 2017 Bachelor Politics Universitas Indonesia
3 Andana Eka Artjana WNI Operation Division Head Surabaya 30 Mar 1967 11 Aug 2008 Bachelor Accounting UPN Veteran Surabaya
4 Toni Azliyanto Batubara WNI Operation Development Division Head Jakarta 19 May 1973 09 Aug 2010 Bachelor Banking STIE Bhakti
Management Pembangunan
5 Syahruddin Yulis WNI Accounting & Tax Division Head Jambi 17 Oct 1973 20 Oct 2020 Bachelor Accounting STIE Malangkucecwara
6 Irwan Ignatius Bonto WNI Human Capital Division Head Makassar 19 Aug 1965 03 Jun 2013 Bachelor Law Universitas
Hasanuddin
7 Huang Yi China Head of IT Development Management Hanchuan, 25 Feb 1993 14 Jul 2024 Master Integrated Huazhong University
Division Hubei Circuit of Science and
Engineering Technology
8 Then Andy Tjayady WNI IT Operation Management Division Head Jakarta 27 Apr 1979 06 Jan 2023 Master Computers Universitas Bunda
Mulia
9 Irarto Purwasidarma WNI Legal Division Head Surabaya 16 Jan 1976 07 Jun 2018 Master Law Monash University
10 Iwan Tanudjaja WNI Consumer Asset Division Head Jakarta 26 Jul 1974 03 Jul 2017 Bachelor Accounting STIE IBEK
11 Lukman Ferdian Nugraha WNI Small & Medium Enterprise (SME) Division Bogor 06 Feb 1987 11 Apr 2016 Bachelor Information Universitas Padjadjaran
Head Science &
Library
12 Djunaedi Hidajat WNI Commercial Division Head Karawang 26 Sep 1970 18 Jan 2010 Master Management Universitas
Tarumanegara
13 Suriyanto Chang WNI Treasury & Financial Institution Division Medan 20 May 1968 08 Aug 2016 Bachelor Management Universitas
Head Tarumanegara
14 R. Adhi Susatyo WNI Transaction Banking Division Head Bandung 09 Dec 1970 17 Apr 2017 Master Business Strayer University
Administration
15 Suandi Sitorus WNI Risk Management Division Head Tapanuli 30 Nov 1979 01 Aug 2010 Bachelor Accounting Universitas Negeri
Medan
16 Vidya Maman Timbowo WNI Compliance Division Head Donggala 10 May 1981 29 Nov 2019 Bachelor Law Universitas Sam
Ratulangi
17 Victorius Hananto WNI Corporate Policy, Guidelines & Procedure Wonogiri 03 Jun 1975 16 Sep 2013 Bachelor Forest Universitas Gadjah
Division Head Management Mada
18 Jusry Sandhi Hausjah WNI Credit Review Division Head Jakarta 15 Jun 1969 01 Dec 2016 Bachelor Management Universitas Trisakti
19 Iwan Apw Yuliawan WNI Trade Operation Division Head Palembang 23 Jul 1965 21 May 2007 Bachelor Management Universitas Pancasila
20 Jing Ting China China Desk 1 Division Head Chongqing 19 Sep 1986 13 Jun 2022 Master Finance Sichuan University
21 Noviyanto Halim WNI Special Asset Management Unit Head Teluk 24 Nov 1972 01 Jul 2003 Bachelor Management Universitas Kristen
Betung Krida Wacana
22 Eko Wahyu Suprihatino WNI Credit Operation Division Head Jakarta 22 Feb 1972 10 Feb 2010 Bachelor Financial STIE PERBANAS
Management
and Banking
23 Ari Landjang WNI Unit Pelayanan dan Penyelesaian Tanjung 05 Nov 1968 05 Jan 2011 Bachelor Petroleum Universitas Veteran
Pengaduan Nasabah (UP3N) Unit Head Engineering Jogya
24 Teguh Prihatno WNI Anti Fraud Unit Head Jakarta 06 Jun 1972 05 Jan 2015 Diploma 3 Computer STMIK Gunadarma
Engineering
25 Hu Qiufeng China Digital Banking Division Head Hunan 20 Dec 1997 04 Dec 2023 Bachelor Indonesian Guangdong University
Arts
26 Dian Anggraeni WNI Liabilities & Branch Network Division Head Jakarta 05 Jun 1980 28 Jul 2016 Bachelor Mathematics Universitas Indonesia
and Natural
Sciences
27 Rita Fitria WNI Audit Internal Division Head Bireun 05 Jul 1978 22 May 2023 Master International Queensland University
Business Of Technology
28 Dennis Pratama Setiawan WNI Corporate Banking 2 Division Head Jakarta 02 Sep 1989 25 Aug 2016 Bachelor Economics Universitas Jiangnan,
China
29 Sui Seng WNI Regional Head of Sumatra, Kalimantan and Tanjungbatu 04 Mar 1971 03 Jan 2011 Bachelor Management STIE Gotong Royong
Sulawesi
Page 251
Corporate Governance Corporate Information Financial Statement Annual Report 251
Executive Officers
Place and Date of
No Name Citizen Last Position Join Date Education Major University
Birth
30 Grace Raynata WNI Regional Head of Jawa Timur, Bali & Nusa Malang 21 Mar 1987 17 Apr 2018 Bachelor
Financial Universitas Satya
Tenggara Management Wacana
31 Agus Setiawan Tjahjadi WNI Regional Head Jakarta I Jakarta 24 Aug 1970 03 May 2010 Diploma 3 Information STMIK Bina Nusantara
Management
32 Liauw Tarsisius Fredy WNI Regional Head of Jawa Barat Yogyakarta 21 May 1969 02 Jun 2021 Bachelor Management Universitas Trisakti
33 Lilis Tanuwijaya WNI Regional Head Jakarta II Pontianak 30 Jun 1966 16 Jan 2006 Bachelor Accounting Universitas
Tanjungpura
34 Ka Tjing WNI Regional Head Jakarta III & Karawang Kep. Riau 26 Sep 1965 02 Jan 2008 Bachelor Accounting STIE YKPN
35 Christiana Hidayati W WNI Regional Head of Jawa Tengah & Yogyakarta Surakarta 27 Dec 1969 28 Jan 2019 Master Management Universitas Gadjah
Mada
36 Herman Indra WNI Regional Head Tangerang & Sumatera Palembang 24 Feb 1983 07 Mar 2016 Bachelor Information Universitas Bina
Engineering Nusantara Jakarta
37 Resdy WNI Branch Manager of Bogor - Pajajaran Bogor 02 Jan 1986 04 Oct 2023 Bachelor Management Universitas
Tarumanegara
38 Tenny Rusmarwati WNI Branch Manager of Bandung - Bandung 08 Jul 1970 02 Jan 2015 High Social SMU Swasta Trinitas,
Abdurachman Saleh School Sciences Bandung
39 Yuliana Pujiastuti Irianti WNI Branch Manager of Solo-Slamet Riyadi Klaten 23 Jul 1977 27 Dec 2016 Bachelor Sciences Universitas Sebelas
Maret- Surakarta
40 Ronald Kurniawan WNI Branch Manager of Semarang - Pemuda Semarang 26 Sep 1991 20 Feb 2023 Bachelor Management Universitas Katolik
Economics Soegijapranata
41 Susy Evy WNI Branch Manager of Tanjung Pinang - Tanjung 24 May 1989 16 Jun 2016 Bachelor Computers Universitas Bina
Katamso Pinang Nusantara-Jakarta
42 Andyka Felani WNI Branch Manager of Pontianak - Ahmad Yani Pontianak 20 Aug 1988 15 Sep 2014 Bachelor Finance STIE Widya
Dharma-Pontianak
43 Indra Wijaya WNI Branch Manager of Batam-Nagoya Sungailiat 19 Apr 1988 03 Mar 2014 Bachelor Information Universitas Bina
Systems Nusantara, Jakarta
44 Erwan Chandra WNI Branch Manager of Palembang - Kebumen Palembang 27 Apr 1984 10 Oct 2022 Bachelor Computer STMIK MDP
Science Palembang
45 Mikael Gutomo WNI Branch Manager of Jakarta, Sahid Sudirman Balik 11 Dec 1985 09 May 2011 Bachelor Social Politics Universitas Atma Jaya
Papan Yogyakarta
46 Budi Hermawan WNI Branch Manager of Yogyakarta - Yogyakarta 04 Jan 1972 01 Jun 2011 Bachelor Economics Universitas Atma Jaya
Diponegoro Yogyakarta
47 Andry Asali WNI Branch Manager of Pekanbaru - Jend. Pekanbaru 28 Aug 1976 01 Mar 2011 Master Management Universitas Atma Jaya
Sudirman Yogyakarta
48 Arie Pratama Salim WNI Branch Manager of Lampung - Sudirman Kotabumi 03 Jan 1987 09 Mar 2020 Bachelor Information Universitas Bina
Systems Nusantara-Jakarta
49 Eric Gandiwijaya WNI Branch Manager of Sukabumi – A Yani Sukabumi 15 Jan 1981 17 Sep 2012 Bachelor Management Universitas Kristen
Maranatha
50 David Yoesoef WNI Branch Manager of Makassar Makassar 06 Aug 1970 14 Nov 2014 Bachelor Financial Sekolah Tinggi Ilmu
Management Ekonomi Makassar
Banking
51 Indra Wijaya WNI Branch Manager of Pangkal Pinang*) Sungailiat 19 Apr 1988 03 Mar 2014 Bachelor Information Universitas Bina
Systems Nusantara, Jakarta
52 Riky Hariawan Saputro WNI Branch Manager of Denpasar - Bali Sunset Denpasar 30 Jun 1993 15 Sep 2014 Bachelor Economics Universitas Pendidikan
Road Nasional, Denpasar
53 Linawati WNI Branch Manager of Malang - Basuki Rahmat Pasuruan 29 May 1987 27 Jun 2022 Bachelor Management Universitas Tritunggal
Economics
54 Henny WNI Branch Manager of Mataram - Pejanggik Mataram 09 Aug 1982 02 Jan 2024 Diploma 3 Management STMIK BUMIGORA
Informatics
55 Antonius Andrianto WNI Branch Manager of Surabaya - Pucang Jember 12 Apr 1972 01 Aug 2022 Bachelor Civil Universitas Katolik Widya
Anom Engineering Mandala, Surabaya
56 Sudjaja Suhanta WNI Branch Manager of Karawang Karawang 01 May 1966 01 Oct 2018 Diploma 3 Economics STIE Swadaya, Jakarta
Page 252
252 Opening Business and Functional Review Financial Review
Product, Services and Rate Information
Saving Products
1. Savings Account 2. Bancassurance
• CCB Indonesia Saving • Inheritance Insurance
• CCB Indonesia Saving Plus • SmartPension Insurance
• CCB Indonesia Community Saving • Carlink Pro Ultimate
• CCB Indonesia Business Saving IDR • SiJi Smart Kid
• CCB Indonesia Foreign Business Saving (USD, SGD, CNY) • SiJi Proteksi Pasti
• CCB Indonesia SmartPlan Regular • CLII Excellent Hospital Income Plan
• CCB Indonesia SmartPlan Special Gift • CLI Excellent Academic Assurance Plan
• CCB Indonesia Payroll Saving
• Student Saving (SimPel)
• CCB Indonesia Time Deposit (IDR, USD, SGD, CNY)
• CCB Indonesia Current Account (IDR, EUR, JPY, SGD, USD,
CNY, AUD, HKD)
Loan Products
1. Working Capital Loan • Issuance of Demand Guarantee
a. Direct Loan: • Negotiation/Discounting under L/C or Local L/C
• Overdraft Loan • Negotiation/Discounting Under Documentary
• Fixed Loan (FL) Collection (D/P or D/A)
• Demand Loan (DL) • Bill of Exchange Avalisation Under Document Agaisnt
• Installment Loan (IL) Acceptance (D/A)
• Trust Receipt (TR) • Supply Chain Financing
• Invoice Financing (A/P and A/R Financing)
• Pre-shipment Financing 2. Investment Loan
• Export Loan
3. Consumer Loan
b. Indirect Facility (Trade Finance): • Mortgage Loan (Housing Loan/Shophouses/Apartment/
• Issuance of Letter of Credit (L/C) Land/Renovation Loan/Construction Loan/Multi-purpose
• Issuance of Local L/C (SKBDN) Loan/Top Up/Take Over)
• Issuance of Bank Guarantee • Vehicle Loan
• Issuance of Standby Letter of Credit (SBLC) • Unsecured Loans
Corporate Banking Products
• Investment Loan (KI) • Demand Loan (DL)
• Installment Loan (IL) • Overdraft (PRK)
Page 253
Corporate Governance Corporate Information Financial Statement Annual Report 253
Product, Services and Rate Information
Services
• ATM (All Prima ATM Network) 1. ATM / Debit Card
• Internet Banking (Corporate & Individual) & Mobile Banking • Transactions on CCB Indonesia ATM network
• Virtual Account - Cash withdrawal, balance inquiry, overbooking,
• CCBI Alerts (SMS & e-mail Notification) online transfer
• Domestic Transfer - Mobile phone top-up balance
• International Remittance (SWIFT) - Postpaid mobile phone bill payment, subscription
• Cross Border Interbank Payment System (CIPS) TV, BPJS, PDAM bills
• Bank Clearance
• Foreign Exchange Trading • Transactions on Prima, ALTO, and UnionPay networks
• Export and Import Transaction (Trade Finance) - Cash withdrawals, balance inquiry, online transfers
• Bank Settlement - ATM/Debit Card with NPG (National Payment
• Safe Deposit Box (SDB) Gateway) logo
• Payroll Service
• Bank Guarantee Transactions (Bank Guarantee, Standby 2. Internet Banking and Mobile Banking
letter of credits, Demand Guarantee) • Corporate Internet Banking
• State Receipt Module (MPN) G3 - Information of transaction history, overbooking,
• Reksus (Special Account Services) DHE SDA IDR, USD, CNY, SGD online transfer, SKN. RTGS, BI-FAST
• RMB-IDR Local Currency Settlement (LCS) - Payroll
- Virtual account
- Chinese language support
• Individual Internet Banking & Mobile Banking
- Information of transaction history, overbooking,
online transfer, SKN, RTGS, BI-FAST
- Purchases: mobile phone top-up balance, train
tickets, PLN prepaid
- Payment: mobile phone postpaid bills, subscription
TV, PDAM, electricity bills, credit card bills
- QRIS Payment
- Chinese language support
- Top up e-wallet (ovo, gopay, dana, shopeepay,
linkaja)
Page 254
254 Opening Business and Functional Review Financial Review
Product, Services and Rate Information
Trade Finance Services
• Forwarding Services of Letter of Credit (L/C) and Local L/C • Negotiation/Discounting Under Documentary Collection
(SKBDN) (D/P or D/A)
• Transfer Services of Letter of Credit (L/C) and Local L/C (SKBDN) • Bill of Exchange Avalisation Under Document Agaisnt
• Collection Under Letter of Credit (L/C) and Local L/C (SKBDN) Acceptance (D/A)
• Documentary Collection (Documents Against Acceptance • Supply Chain Financing
and Documents Against Payment) • Trust Receipt Financing
• Issuance of Letter of Credit (L/C) and Local L/C (SKBDN) • Invoice Financing
• Issuance of Bank Guarantee a. A/P Financing
• Issuance of Standby L/C b. A/R Financing
• Issuance of Demand Guarantee • Pre Shipment Financing
• Negotiation/Discounting under L/C or Local L/C
Treasury
• FX Today, Tomorrow and Spot • Deposit on Call
• FX Forward / Swap • Local Currency Settlement (LCS)
• Bank Notes
Average Interest Rate
Average Interest Rate of Third Party Fund: Loan Average Interest Rate
Third Party Fund 2024 2023 Loan 2024 2023
1. Current Account 1. Loan
- Rupiah 2.93% 2.73% - Rupiah 8.05% 7.94%
- FX 1.86% 0.79% - FX 6.79% 6.81%
2. Saving 2. Employee Loan 5%-9.25% 3%-13%
- Rupiah 1.83% 1.65%
- FX 0.81% 0.84%
3. Time Deposit
- Rupiah 5.13% 4.88%
- FX 4.84% 4.61%
Page 255
Corporate Governance Corporate Information Financial Statement Annual Report 255
Page 256
256 Opening Business and Functional Review Financial Review
Offices Network
Office Network of PT Bank China Construction Bank Indonesia
No Office Address Phone Fax
1. Head Office Sahid Sudirman Centre 15 Floor
th
021-50821000 021-50821010
Jl. Jend. Sudirman Kav. 86
Central Jakarta 10220
CENTRAL JAKARTA, DKI JAKARTA PROVINCE
No Office Address Phone Fax
2. Jakarta Tanah Abang Sub Branch Jl. H. Fachrudin Blok C/47-48, 021-3456412 / 021-3909693
Office Tanah Abang Bukit (AURI) 3803124
Central Jakarta 10250.
3. Jakarta Hasyim Ashari Sub Branch Jl. KH. Hasyim Ashari No. 40 021-6323027 021-63857350
Office West Jakarta 10140
4. Jakarta Pecenongan Sub Branch Jl. Pecenongan No. 88 021-3863328/ 021-3868504
Office Central Jakarta 10170 3868450
5. Jakarta Batavia Sub Branch Office Menara Batavia Lt. 1, Jl. KH. Mas Mansyur 021-57930045/48 021-57930046
Kav. 126, Central Jakarta 10220
6. Jakarta Intiland Sub Branch Office Intiland Tower Main Lower Ground 021-57953078-80 021-57950213
Jl. Jend. Sudirman Kav. 32
Central Jakarta 10220
7. Jakarta Sahid Sudirman Branch Ground Floor Unit DB 021 - 50821388 021 - 50821399
Office Gedung Perkantoran Sahid Sudirman Center
Jl. Jend. Sudirman Kav 86
Central Jakarta, 10220
SOUTH JAKARTA, DKI JAKARTA PROVINCE
No Office Address Phone Fax
8. Jakarta Radio Dalam Sub Branch Jl. Radio Dalam A/1A (Komp. Yado) 021 - 27513213/14 021 - 27513211
Office South Jakarta, 12140
9. Jakarta Kebayoran Lama Sub Komplek Permata Kebayoran Plaza 021-2701104 021-7268763
Branch Office Jl. Raya Kebayoran Lama Blok A No. 3-4
South Jakarta 12220
10. Jakarta Menara Dea Sub Branch Ground Floor (Plaza) Suite GF-03 DEA Tower II, 021-5762939 021-5761248
Office Kawasan Mega Kuningan
Jl. Mega Kuningan Barat Kav. E4.3 No 1-2
South Jakarta 12950.
11. Jakarta Plaza Asia Sub Branch Plaza Asia Ground Floor 021-51401255 021-51401259
Office Jl. Jend. Sudirman Kav. 59
South Jakarta 12190
12. Jakarta Indocement Sub Branch Wisma Indocement Ground Floor, 021-5705920 021-5705853
Office Jl. Jend. Sudirman Kav. 70-71
South Jakarta 12910
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Corporate Governance Corporate Information Financial Statement Annual Report 257
Offices Network
WEST JAKARTA, DKI JAKARTA PROVINCE
No Office Address Phone Fax
13. Jakarta Hayam Wuruk Sub Branch Jl. Hayam Wuruk No. 106 B-C 021-2601333 021-2601314
Office West Jakarta 11160 (hunting)
14. Jakarta Asemka Sub Branch Office Jl. Asemka No. 24, West Jakarta 11110 021-6901818 021-6906040
15. Jakarta Slipi Sub Branch Office Jl. Let. Jend. S. Parman Kav. 92 021-5668292 021-566185
West Jakarta 11420
16. Jakarta Glodok Sub Branch Office Jl. Pinangsia (Glodok Plaza ) H.40 021-62200264 021-6245671
West Jakarta 11000
17. Jakarta Pesanggrahan Sub Branch Jl. Pesanggrahan Raya 3 C, West Jakarta 11620 021-58902433 021-5862906
Office
18. Jakarta Ketapang Sub Branch Ruko Ketapang Business Centre Blok A-9, 021-63866239-40 021-63866243
Office Jl. KH. Zainul Arifin No. 20, West Jakarta 11140
NORTH JAKARTA, DKI JAKARTA PROVINCE
No Office Address Phone Fax
19. Jakarta Kelapa Gading Bukit Indah Komplek Gading Bukit Indah Blok A No. 12 dan 15, 021-22454101/ 021-22454252
Sub Branch Office Jl. Bukit Gading Raya, North Jakarta 22452019
20. Jakarta Mangga Dua Sub Branch Pusat Grosir Pasar Pagi Lt. 3 Blok D No. 8, 021-6013630/ 021-6491466
Office Jl. Arteri Mangga Dua Raya 6255647
North Jakarta 14430
21. Jakarta Pluit Sub Branch Office Jl. Pluit Sakti Raya 28/A-5 021-6601236/ 021-6604293
North Jakarta 14450 6601256
22. Jakarta Kelapa Gading Inkopal Ruko Kantor (Kokan) Plaza Kelapa Gading Blok 021-45851477 021-45851543
Sub Branch Office C No. 5, Jl. Raya Boulevard Barat
North Jakarta 14240
23. Jakarta Gold Coast PIK Sub Branch Gold Coast Office, Pantai Indah Kapuk 021-39710800 -
Office RT 06 RW 02, Kamal Muara, Penjaringan
North Jakarta, 14470
24 Jakarta Sunter Sub Branch Office Komplek Rukan Puri Mutiara Blok D No. 7 021-6521295-96 021-6521307
Jl. Griya Utama – Sunter Agung
North Jakarta 14350
EAST JAKARTA, DKI JAKARTA PROVINCE
No Office Address Phone Fax
25. Jakarta Jatinegara Sub Branch Bukit Duri Plaza, Jl. Jatinegara Barat No. 54 E , 021-2800082 021-8501833
Office East Jakarta 13650
26. Jakarta Indomobil Sub Branch Wisma Indomobil Lt. 2, Jl. MT. Haryono Kav.8, 021-8583179 021-8583181
Office East Jakarta 13330
27. Jakarta Rawamangun Sub Branch Jl. Pemuda No. 33 A, Rawamangun 021-47884981/ 021-47884981
Office East Jakarta 13220 47884983
Page 258
258 Opening Business and Functional Review Financial Review
Offices Network
TANGERANG, BANTEN PROVINCE
No Office Address Phone Fax
28. Tangerang Merdeka Sub Branch Jl. Merdeka No. 207 D, Tangerang 15113 021-55791905/ 021-55791906
Office 55791907
29. Tangerang Alam Sutera The Prominence Tower GF Jl. Jalur Sutera Barat 021-80600838/
Prominence Sub Branch Office No. 15 Alam Sutera Tangerang 15143 021-80600929
30. Tangerang Gading Serpong Sub Jl. Boulevard Gading Serpong Blok BA-02 No. 37 021- 54203693 021- 54203762
Branch Office Tangerang 15810
31. Tangerang ITC BSD Sub Branch ITC BSD Blok R No. 39, BSD City, Serpong, 021-53154836-38/ 021-53154840
Office Tangerang Selatan 15320 53154839
32. Tangerang City Sub Branch Office Ruko Business Park Tangerang City 021-55781813/ 021-55781816
Blok B No. 28, Tangerang 15117 55781814
BEKASI, WEST JAVA PROVINCE
No Office Address Phone Fax
33. Bekasi Kalimalang Sub Branch Komplek Duta Plaza Blok B II No. 3-4 021- 8843510/ 021 - 8843126
Office Jl. KH. Noor Ali, Kalimalang, Bekasi 17145 8843511
34. Bekasi Harapan Indah Sub Branch Ruko Boulevard Hijau Blok B 8 No. 52 021- 88387063-65 021 - 88387067
Office Kota Harapan Indah, Bekasi 17131
35. Bekasi JABABEKA II Cikarang Sub Jl. Niaga Raya, Ruko Capitol Jababeka CIkarang 021- 8932 5888 021- 8932 6008
Branch Office Blok 2-I Kawasan Industri Jababeka II, Cikarang
Bekasi 17530
BOGOR, WEST JAVA PROVINCE
No Office Address Phone Fax
36. Bogor Pajajaran Branch Office Jl. Pajajaran No. 70 E, Bogor 16143 0251 - 8314963 0251 - 8315166
37. Bogor Dewi Sartika Sub Branch Jl. Dewi Sartika, Ruko Central Blok C No. 1 0251- 8312744/ 0251- 8314156
Office Bogor 16121 8312892
38. Bogor Surya Kencana Sub Branch Jl. Surya Kencana No. 83, Bogor 16000 0251- 8323443 0251-8312336
Office
SUKABUMI, WEST JAVA PROVINCE
No Office Address Phone Fax
39. Sukabumi Branch Office Jl. Jend. Ahmad Yani No. 4, Sukabumi 43131 0266-246000 0266-243000
BANDUNG, WEST JAVA PROVINCE
No Office Address Phone Fax
40. Bandung Abdurachman Saleh Jl. Abdurachman Saleh No. 1A Ruko E-F, 022- 6030222 022- 6030378
Branch Office Bandung 40174
41. Bandung Braga Sub Branch Office Jl. Braga No.100, Bandung 40111 022-4239677 022-4239650
(Hunting)
42. Bandung Buah Batu Sub Branch Jl.Buah Batu No 201 E, Bandung 40265 022-7302220 022-87354333
Office (Hunting)
43. Bandung Naripan Sub Branch Jl. Naripan No. 79-81, Bandung 40112 022-4207336/ 022-4219387
Office 4207375
44. Bandung RS. Melinda DR. Cipto Rumah Sakit Bedah Melinda, Jl. Dr. Cipto No. 1, 022-4233777 -
Sub Branch Office Bandung ext. 7732-33
45. Bandung RS. Melinda Pajajaran Melinda Hospital Jl. Padjajaran No. 46, 022-4266482 -
Sub Branch Office Bandung
46. Bandung Rs. Melinda Dr Rum Sub JL DR.Rum No.30-32, Pasir Kaliki, Cicendo, 022-63196089 -
Branch Office Bandung, Jawa Barat 40171
Page 259
Corporate Governance Corporate Information Financial Statement Annual Report 259
Offices Network
KARAWANG, WEST JAVA PROVINCE
No Office Address Phone Fax
47. Karawang Branch Office Galuh Mas Blok IV No. 53 & 55 0267-408180 0267-400125
Karawang 41361
SEMARANG, CENTRAL JAVA PROVINCE
No Office Address Phone Fax
48. Semarang Pemuda Branch Office Jl. Pemuda No. 150, Komplek Ruko Pemuda 024-3547893 024-3553045
Mas Blok A No. 14, Semarang 50132
49. Semarang Depok Sub Branch Jl. Depok No.26 C-D, Semarang 50133 024-3554676-79 024-3517481
Office
50. Semarang Beteng Sub Branch Jl. Beteng No. 67, Semarang 50137 024-3513251/ 024-3549075
Office 3513250
SOLO, CENTRAL JAVA PROVINCE
No Office Address Phone Fax
51. Solo Slamet Riyadi Branch Office Jl. Slamet Riyadi No 424, Kel Purwosari 0271-6011069 -
Kec. Laweyan, Surakarta
YOGYAKARTA, DIY PROVINCE
No Office Address Phone Fax
52. Yogyakarta Branch Office Jl. Pangeran Diponegoro No.11-13 0274-555233 0274-550078
Yogyakarta 55232
SURABAYA, EAST JAVA PROVINCE
No Office Address Phone Fax
53. Surabaya Darmo Sub Branch Komplek Darmo Square Blok D-8 031-5680623 031-5665604
Office Jl. Raya Darmo No. 54-56, Surabaya 60264
54. Surabaya Bongkaran Sub Branch Jl. Bongkaran No. 28 - 30, Surabaya 60161 031-3540909 031-3571730
Office (hunting)
55. Surabaya Puncang Anom Branch Jl. Pucang Anom Timur No.19, Surabaya 60282 031-5025337 031- 5025334
Office
56. Surabaya HR. Muhamad Sub Komp Pertokoan Surya inti Permata Blok C1-C2, 031-7345683, 031-7345685
Branch Office Jl. HR Muhammad, Surabaya 60226 7345659
57. Sidoarjo Sub Branch Office Jl. Jend A Yani No 40 D, Sidoarjo 61219 031 8924415-17 031 8921561
MALANG, EAST JAVA PROVINCE
No Office Address Phone Fax
58. Malang Basuki Rahmat Branch Office Jl. Jend Basuki Rahmat No. 16, Malang 65119 0341-327891-93 0341-328130
59. Malang Lawang Sub Branch Office Jl. M. H. Thamrin No. 19 C, Lawang, Malang 65111 0341-426715-16 0341-426715
RIAU ISLAND PROVINCE
No Office Address Phone Fax
60. Batam Nagoya Branch Office Komplek Pasar Nagoya Lama Blok A, Jl. Imam 0778-457255 0778-457770
Bonjol Blok E No. 9-10, Batam 29444
61. Tanjungpinang Katamso Branch Office Jl. Brigjen Katamso No. 88, Tanjungpinang 29111 0771-313999/ 29185 0771-315918
62. Batam Penuin Centre Sub Branch Jl. Pembangunan, Komplek Penuin Centre 0778-422718 0778-422719
Office Blok E No.3, Batam 29441
Page 260
260 Opening Business and Functional Review Financial Review
Offices Network
RIAU PROVINCE
No Office Address Phone Fax
63. Pekanbaru Sudirman Branch Office Jl. Jendral Sudirman No. 408 - 410 0761- 26288 0761- 26088
Pekanbaru 28115
64. Pekanbaru A.Yani Sub Branch Office Jl. Jend. Ahmad Yani No. 2 J, Pekanbaru 28155 0761-39877 0761-39787
BANGKA BELITUNG PROVINCE
No Office Address Phone Fax
65. Pangkalpinang Sudirman Branch Ruko Harmoni City, Blok C Nomor 7-8, 0717-421213 0717-421995
Office Jl. Soekarno Hatta, Kota Pangkal Pinang 33141
LAMPUNG PROVINCE
No Office Address Phone Fax
66. Lampung Branch Office Jl. Jend. Sudirman No. 60 B - 60 C, 0721-258989 0721-241260
Bandar Lampung 35118
PALEMBANG, SOUTH SUMATRA PROVINCE
No Office Address Phone Fax
67. Palembang Kebumen Branch Jl. Kebumen Darat No. 913A,914, 914/787, 0711-370980 0711-370983
Office Palembang 30122
PONTIANAK, WEST KALIMANTAN PROVINCE
No Office Address Phone Fax
68. Pontianak A.Yani Megamall Branch Jl. Ahmad Yani, Komp. Ruko Ahmad Yani 0561- 6655638 0561- 6655637
Office Sentra Bisnis Blok B 8-9 (Komp. Mega Mall),
Pontianak, West Kalimantan 78121
69. Pontianak Juanda Sub Branch Jl. Ir. H Juanda N0 67-68, Pontianak, West 0561 - 744228 0561 - 744227
Office Kalimantan 78117
DENPASAR, BALI PROVINCE
No Office Address Phone Fax
70. Bali Denpasar Sub Branch Office Jl. M. H. Thamrin No.43, Denpasar 80111 0361-427611 0361-423659
71. Bali Sunset Road Branch Office Jl. Sunset Road No.234, Kuta, Badung 0361-9346455 0361-9346456
Bali 80361 (hunting)
MATARAM, WEST NUSA TENGGARA PROVINCE
No Office Address Phone Fax
72. Mataram Branch Office Jl. Pejanggik No.109, Mataram 83239 0370-621666 0370-622110
(hunting)
MAKASSAR, SOUTH SULAWESI PROVINCE
No Office Address Phone Fax
73. Makassar Branch Office Jl. Sulawesi No. 19 & 21, Kota Makassar 0411-3632977/ 0411- 3632974
South Sulawesi 90174 3632979
Page 261
Corporate Governance Corporate Information Financial Statement Annual Report 261
Page 262
Page 263
Financial Statement
06
SenduroEternal Love
Known as the Javanese edelweiss,
this flower is recognized by mountain climbers. In
Indonesian folklore, it symbolizes love, purity,
chastity, and eternity.
Page 264
264 Opening Business and Functional Review Financial Review
RESPONSIBILITY FOR FINANCIAL REPORTING
THE STATEMENT LETTER OF
MEMBERS OF BOARD OF DIRECTORS AND MEMBERS OF BOARD OF COMMISSIONERS
ON THE RESPONSIBILITY FOR THE 2024 ANNUAL REPORT OF
PT BANK CHINA CONSTRUCTION BANK INDONESIA TBK.
We, the undersigned, declare that all information included in the 2024 Annual Report of
PT Bank China Construction Bank Indonesia Tbk has been fully disclosed and are responsible
for the accuracy of the contents of the Company's Annual Report.
We hereby certify the statement is made truthfully.
Jakarta, 29 April 2025
Members of Board of Directors,
Jiang Yongdong
President Director
Zhu Yong Junianto Agresius R. Kadiaman
Director Director Compliance Director
Members of Board of Commissioners,
Guo Meijun Mohamad Hasan Yudo Sutanto, Nyoo
Commissioner Independent Commissioner Independent Commissioner
Page 265
PT Bank China Construction Bank Indonesia Tbk Laporan keuangan tanggal 31 Desember 2024 dan untuk tahun yang berakhir pada tanggal tersebut beserta laporan auditor independen/ Financial statements as of December 31, 2024 and for the year then ended with independent auditor’s report
Page 266
Page 267
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
LAPORAN KEUANGAN FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 AS OF DECEMBER 31, 2024
DAN UNTUK TAHUN YANG BERAKHIR AND FOR THE YEAR THEN ENDED
PADA TANGGAL TERSEBUT WITH INDEPENDENT AUDITOR’S REPORT
BESERTA LAPORAN AUDITOR INDEPENDEN
Daftar Isi Halaman/ Table of Contents
Pages
Laporan Auditor Independen Independent Auditor’s Report
Laporan Posisi Keuangan ....................................... 1-3 ....................................... Statement of Financial Position
Laporan Laba Rugi dan Penghasilan Statement of Profit or Loss and
Komprehensif Lain............................................. 4-5 .................................... Other Comprehensive Income
Laporan Perubahan Ekuitas.................................... 6 ...................................... Statement of Changes in Equity
Laporan Arus Kas................................................... 7-8 ................................................ Statement of Cash Flows
Catatan atas Laporan Keuangan............................. 9 - 149 ................................... Notes to the Financial Statements
***************************
Page 268
The original report included herein is in the Indonesian
language.
Laporan Auditor Independen Independent Auditor’s Report
Laporan No. 00068/2.1032/AU.1/07/1681- Report No. 00068/2.1032/AU.1/07/1681-
3/1/II/2025 3/1/II/2025
Pemegang Saham, Dewan Komisaris, dan Dewan The Shareholders and the Boards of
Direksi Commissioners and Directors
PT Bank China Construction Bank Indonesia Tbk PT Bank China Construction Bank Indonesia Tbk
Opini Opinion
Kami telah mengaudit laporan keuangan We have audited the accompanying financial
PT Bank China Construction Bank Indonesia Tbk statements of PT Bank China Construction Bank
(“Bank”) terlampir, yang terdiri dari laporan posisi Indonesia Tbk (the “Bank”), which comprise
keuangan tanggal 31 Desember 2024, serta the statement of financial position as of
laporan laba rugi dan penghasilan komprehensif December 31, 2024, and the statement of profit
lain, laporan perubahan ekuitas, dan laporan arus or loss and other comprehensive income,
kas untuk tahun yang berakhir pada tanggal statement of changes in equity, and statement of
tersebut, serta catatan atas laporan keuangan, cash flows for the year then ended, and notes to
termasuk informasi kebijakan akuntansi material. the financial statements, including material
accounting policy information.
Menurut opini kami, laporan keuangan terlampir In our opinion, the accompanying financial
menyajikan secara wajar, dalam semua hal statements present fairly, in all material respects,
yang material, posisi keuangan Bank tanggal the financial position of the Bank as of
31 Desember 2024, serta kinerja keuangan December 31, 2024, and its financial
dan arus kasnya untuk tahun yang berakhir performance and cash flows for the year then
pada tanggal tersebut, sesuai dengan Standar ended, in accordance with Indonesian Financial
Akuntansi Keuangan di Indonesia. Accounting Standards.
Basis opini Basis for opinion
Kami melaksanakan audit kami berdasarkan We conducted our audit in accordance with
Standar Audit yang ditetapkan oleh Institut Standards on Auditing established by the
Akuntan Publik Indonesia (“IAPI”). Tanggung Indonesian Institute of Certified Public
jawab kami menurut standar tersebut diuraikan Accountants (“IICPA”). Our responsibilities under
lebih lanjut dalam paragraf Tanggung Jawab those standards are further described in the
Auditor terhadap Audit atas Laporan Keuangan Auditor’s Responsibilities for the Audit of the
pada laporan kami. Kami independen terhadap Financial Statements paragraph of our report.
Bank berdasarkan ketentuan etika yang relevan We are independent of the Bank in accordance
dalam audit kami atas laporan keuangan di with the ethical requirements that are relevant
Indonesia, dan kami telah memenuhi tanggung to our audit of the financial statements in
jawab etika lainnya berdasarkan ketentuan Indonesia, and we have fulfilled our other ethical
tersebut. Kami yakin bahwa bukti audit yang telah responsibilities in accordance with these
kami peroleh adalah cukup dan tepat untuk requirements. We believe that the audit evidence
menyediakan suatu basis bagi opini kami. we have obtained is sufficient and appropriate to
provide a basis for our opinion.
i
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The original report included herein is in the Indonesian
language.
Laporan Auditor Independen (lanjutan) Independent Auditor’s Report (continued)
Laporan No. 00068/2.1032/AU.1/07/1681- Report No. 00068/2.1032/AU.1/07/1681-
3/1/II/2025 (lanjutan) 3/1/II/2025 (continued)
Hal audit utama Key audit matter
Hal audit utama adalah hal-hal yang, menurut Key audit matters are those matters that, in our
pertimbangan profesional kami, merupakan hal professional judgment, were of most significance
yang paling signifikan dalam audit kami atas in our audit of the financial statements of the
laporan keuangan periode kini. Hal audit utama current period. Such key audit matters were
tersebut disampaikan dalam konteks audit kami addressed in the context of our audit of the
atas laporan keuangan secara keseluruhan, dan financial statements taken as a whole, and in
dalam merumuskan opini kami atas laporan forming our opinion thereon, and we do not
keuangan terkait, dan kami tidak menyatakan provide a separate opinion on such key audit
suatu opini terpisah atas hal audit utama tersebut. matters. For the key audit matter below, our
Untuk hal audit utama di bawah ini, penjelasan description of how our audit addressed such key
kami tentang bagaimana audit kami merespons hal audit matter is provided in such context.
tersebut disampaikan dalam konteks tersebut.
Kami telah memenuhi tanggung jawab yang We have fulfilled the responsibilities described in
diuraikan dalam paragraf Tanggung Jawab the Auditor’s Responsibilities for the Audit of the
Auditor terhadap Audit atas Laporan Keuangan Financial Statements paragraph of our report,
pada laporan kami, termasuk sehubungan dengan including in relation to key audit matter
hal audit utama yang dikomunikasikan di bawah communicated below. Accordingly, our audit
ini. Oleh karena itu, audit kami mencakup included the performance of procedures designed
pelaksanaan prosedur yang didesain untuk to respond to our assessment of the risks of
merespons penilaian kami atas risiko kesalahan material misstatement of the accompanying
penyajian material dalam laporan keuangan financial statements. The results of our audit
terlampir. Hasil prosedur audit kami, termasuk procedures, including the procedures performed
prosedur yang dilakukan untuk merespons hal to address the key audit matter below, provide the
audit utama di bawah ini, menyediakan basis bagi basis for our opinion on the accompanying
opini kami atas laporan keuangan terlampir. financial statements.
ii
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The original report included herein is in the Indonesian
language.
Laporan Auditor Independen (lanjutan) Independent Auditor’s Report (continued)
Laporan No. 00068/2.1032/AU.1/07/1681- Report No. 00068/2.1032/AU.1/07/1681-
3/1/II/2025 (lanjutan) 3/1/II/2025 (continued)
Hal audit utama (lanjutan) Key audit matter (continued)
Cadangan kerugian penurunan nilai atas kredit Allowance for impairment losses on loans
yang diberikan
Penjelasan atas hal audit utama: Description of the key audit matter:
Seperti yang dijelaskan dalam Catatan 11 atas As described in Note 11 to the accompanying
laporan keuangan terlampir, pada tanggal financial statements, as of December 31, 2024,
31 Desember 2024, cadangan kerugian the allowance for impairment losses on loans was
penurunan nilai atas kredit yang diberikan adalah Rp450,922 million. The significant accounting
sebesar Rp450.922 juta. Kebijakan akuntansi policies of allowance for impairment losses on
signifikan untuk cadangan kerugian penurunan loans are disclosed in Note 2e
nilai atas kredit yang diberikan diungkapkan to the accompanying financial statements.
dalam Catatan 2e atas laporan keuangan We focused on this area due to the carrying value
terlampir. Kami berfokus pada area ini karena nilai of loans and the allowance for impairment losses
tercatat atas kredit yang diberikan dan cadangan on loans is significant to the accompanying
kerugian penurunan nilai atas kredit yang financial statements.
diberikan adalah signifikan terhadap laporan
keuangan terlampir.
Penentuan cadangan kerugian penurunan nilai Determination of allowance for impairment losses
memerlukan pertimbangan dan memiliki requires significant judgement and is subject
ketidakpastian estimasi termasuk dalam to estimation uncertainty which includes
penentuan model untuk menghitung cadangan determining the model to calculate allowance for
kerugian penurunan nilai, identifikasi eksposur impairment losses, identification of credit
kredit yang mengalami penurunan kualitas kredit exposures with significant deterioration in credit
yang signifikan, penentuan asumsi yang quality, and determining assumptions used in the
digunakan dalam model perhitungan cadangan allowance for impairment losses calculation
kerugian penurunan nilai (untuk eksposur yang models (for exposures assessed on an individual or
dinilai secara individu atau kolektif), termasuk collective basis), including forward-looking
faktor ekonomi makro berorientasi masa depan. macroeconomics factors.
iii
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The original report included herein is in the Indonesian
language.
Laporan Auditor Independen (lanjutan) Independent Auditor’s Report (continued)
Laporan No. 00068/2.1032/AU.1/07/1681- Report No. 00068/2.1032/AU.1/07/1681-
3/1/II/2025 (lanjutan) 3/1/II/2025 (continued)
Hal audit utama (lanjutan) Key audit matter (continued)
Cadangan kerugian penurunan nilai atas kredit Allowance for impairment losses on loans
yang diberikan (lanjutan) (continued)
Respons audit: Audit response:
Prosedur audit kami dalam merespons hal audit Our audit procedures address the key audit matter
utama tersebut di atas mencakup, menguji mentioned above including, test of key controls
pengendalian utama atas pemberian kredit, over the origination, regular internal credit quality
penilaian kualitas kredit internal secara regular, assessments, recording and monitoring of the
pencatatan dan pengawasan kredit yang loans, obtained understanding and assessed
diberikan, memperoleh pemahaman dan menilai impairment measurement methodologies,
metodologi pengukuran penurunan nilai, validasi validation of allowance for impairment losses
model cadangan kerugian penurunan nilai, data models, inputs, bases and assumptions used by
masukan, dasar, dan asumsi yang digunakan oleh the Bank in calculating the allowance for
Bank dalam menghitung cadangan kerugian impairment losses, and tested the classification
penurunan nilai, serta menguji tiga tahapan into three stage credit quality of loan portfolios in
kualitas kredit portofolio sesuai dengan kriteria accordance with staging criteria developed by
tingkatan (staging) yang disusun oleh Bank untuk the Bank for loans, tested whether historical
kredit yang diberikan, menguji apakah experience is representative of current
pengalaman historis mewakili keadaan saat ini dan circumstances and of the recent losses incurred in
kerugian terkini yang terjadi dalam portfolio, serta the portfolios, and assessed reasonableness of
menilai kewajaran atas penyesuaian asumsi masa forward-looking adjustments, macroeconomic
depan, analisis faktor ekonomi makro, dan factor analysis, and probability-weighted multiple
beberapa skenario probabilitas tertimbang untuk scenarios for loans.
kredit yang diberikan.
Untuk cadangan kerugian penurunan nilai yang With respect to individually assessed allowance
dinilai secara individual, kami menguji sampel for impairment losses, tested a sample of loans to
kredit yang diberikan untuk mengevaluasi evaluate the timely identification by the Bank of
ketepatan waktu Bank dalam melakukan exposures with significant deterioration in credit
identifikasi eksposur kredit yang mengalami quality or those which have been impaired; for
penurunan kualitas kredit yang signifikan atau cases where impairment has been identified,
yang telah mengalami penurunan nilai; untuk assessed the Bank’s assumptions on the expected
kasus-kasus di mana penurunan nilai telah future cash flows, including the value of realizable
diidentifikasi, kami menilai asumsi Bank atas arus collateral based on available market information
kas masa depan yang akan diterima, termasuk nilai or valuation prepared by independent valuer.
agunan yang dapat direalisasikan berdasarkan
informasi pasar yang tersedia atau penilaian yang
dilakukan oleh penilai independen.
iv
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The original report included herein is in the Indonesian
language.
Laporan Auditor Independen (lanjutan) Independent Auditor’s Report (continued)
Laporan No. 00068/2.1032/AU.1/07/1681- Report No. 00068/2.1032/AU.1/07/1681-
3/1/II/2025 (lanjutan) 3/1/II/2025 (continued)
Hal audit utama (lanjutan) Key audit matter (continued)
Cadangan kerugian penurunan nilai atas kredit Allowance for impairment losses on loans
yang diberikan (lanjutan) (continued)
Respons audit: (lanjutan) Audit response: (continued)
Kami juga memeriksa keakurasian perhitungan We checked the accuracy of the calculation of the
jumlah cadangan kerugian penurunan nilai dengan allowance for impairment losses amount by
melakukan perhitungan ulang atas keseluruhan recalculating the collective impairment
portfolio yang penuruan nilainya dilakukan secara assessment for the entire portfolio and
kolektif dan melakukan perhitungan ulang atas recalculating the individual impairment
penurunan nilai yang dinilai secara individual assessment on a sample basis, assessed whether
berdasarkan sampel, menilai apakah laporan the financial statements disclosures are
keuangan cukup dan secara memadai adequately and appropriately reflecting the
mencerminkan eksposur Bank terhadap risiko Bank’s exposures to credit risk. We tested the
kredit. Kami menguji kelengkapan dan ketepatan, completeness and appropriateness, including the
termasuk asumsi dan pertimbangan, dan assumptions and judgments, and involved our
melibatkan pakar auditor internal kami untuk auditor’s internal expert to assist us in the
membantu kami dalam melakukan prosedur- performance of the above procedures where their
prosedur di atas ketika keahlian spesifik mereka specific expertise was required.
diperlukan.
Informasi lain Other information
Manajemen bertanggung jawab atas informasi Management is responsible for the other
lain. Informasi lain terdiri dari informasi yang information. Other information comprises the
tercantum dalam Laporan Tahunan 2024 information included in the 2024 Annual
(“Laporan Tahunan”) selain laporan keuangan Report (the “Annual Report”) other than the
terlampir dan laporan auditor independen kami. accompanying financial statements and our
Laporan Tahunan diharapkan akan tersedia bagi independent auditor’s report thereon. The Annual
kami setelah tanggal laporan auditor independen Report is expected to be made available to us after
ini. the date of this Independent Auditor’s report.
v
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The original report included herein is in the Indonesian
language.
Laporan Auditor Independen (lanjutan) Independent Auditor’s Report (continued)
Laporan No. 00068/2.1032/AU.1/07/1681- Report No. 00068/2.1032/AU.1/07/1681-
3/1/II/2025 (lanjutan) 3/1/II/2025 (continued)
Informasi lain (lanjutan) Other information (continued)
Opini kami atas laporan keuangan terlampir tidak Our opinion on the accompanying financial
mencakup Laporan Tahunan, dan oleh karena itu, statements does not cover the Annual Report, and
kami tidak menyatakan bentuk keyakinan apapun accordingly, we do not express any form of
atas Laporan Tahunan tersebut. assurance on the Annual Report.
Sehubungan dengan audit kami atas laporan In connection with our audit of the accompanying
keuangan terlampir, tanggung jawab kami financial statements, our responsibility is to read
adalah untuk membaca Laporan Tahunan ketika the Annual Report when it becomes available and,
tersedia dan, dalam melaksanakannya, in doing so, consider whether the Annual Report
mempertimbangkan apakah Laporan Tahunan is materially inconsistent with the accompanying
mengandung ketidakkonsistensian material financial statements or our knowledge obtained in
dengan laporan keuangan terlampir atau the audit, or otherwise appears to be materially
pemahaman yang kami peroleh selama audit, atau misstated.
mengandung kesalahan penyajian material.
Ketika kami membaca Laporan Tahunan, jika kami When we read the Annual Report, if we conclude
menyimpulkan bahwa terdapat suatu kesalahan that there is a material misstatement therein,
penyajian material di dalamnya, kami diharuskan we are required to communicate the matter to
untuk mengkomunikasikan hal tersebut kepada those charged with governance and take
pihak yang bertanggung jawab atas tata kelola appropriate actions based on the applicable laws
dan melakukan tindakan yang tepat berdasarkan and regulations.
pertauran perundang-undangan yang berlaku.
Tanggung jawab manajemen dan pihak yang Responsibilities of management and those
bertanggung jawab atas tata kelola terhadap charged with governance for the financial
laporan keuangan statements
Manajemen bertanggung jawab atas penyusunan Management is responsible for the preparation
dan penyajian wajar laporan keuangan tersebut and fair presentation of the financial statements
sesuai dengan Standar Akuntansi Keuangan in accordance with Indonesian Financial
di Indonesia, dan atas pengendalian internal Accounting Standards, and for such internal
yang dianggap perlu oleh manajemen untuk control as management determines is necessary
memungkinkan penyusunan laporan keuangan to enable the preparation of financial statements
yang bebas dari kesalahan penyajian material, that are free from material misstatement,
baik yang disebabkan oleh kecurangan maupun whether due to fraud or error.
kesalahan.
vi
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The original report included herein is in the Indonesian
language.
Laporan Auditor Independen (lanjutan) Independent Auditor’s Report (continued)
Laporan No. 00068/2.1032/AU.1/07/1681- Report No. 00068/2.1032/AU.1/07/1681-
3/1/II/2025 (lanjutan) 3/1/II/2025 (continued)
Tanggung jawab manajemen dan pihak yang Responsibilities of management and those
bertanggung jawab atas tata kelola terhadap charged with governance for the financial
laporan keuangan (lanjutan) statements (continued)
Dalam penyusunan laporan keuangan, In preparing the financial statements,
manajemen bertanggung jawab untuk menilai management is responsible for assessing the
kemampuan Bank dalam mempertahankan Bank’s ability to continue as a going concern,
kelangsungan usahanya, mengungkapkan, sesuai disclosing, as applicable, matters related to going
dengan kondisinya, hal-hal yang berkaitan dengan concern, and using the going concern basis of
kelangsungan usaha, dan menggunakan basis accounting, unless management either intends to
akuntansi kelangsungan usaha, kecuali liquidate the Bank or to cease its operations, or
manajemen memiliki intensi untuk melikuidasi has no realistic alternative but to do so.
Bank atau menghentikan operasi, atau tidak
memiliki alternatif yang realistis selain
melaksanakannya.
Pihak yang bertanggung jawab atas tata kelola Those charged with governance are responsible
bertanggung jawab untuk mengawasi proses for overseeing the Bank’s financial reporting
pelaporan keuangan Bank. process.
Tanggung jawab auditor terhadap audit atas Auditor’s responsibilities for the audit of the
laporan keuangan financial statements
Tujuan kami adalah untuk memeroleh keyakinan Our objectives are to obtain reasonable assurance
memadai tentang apakah laporan keuangan about whether the financial statements taken
secara keseluruhan bebas dari kesalahan as a whole are free from material misstatement,
penyajian material, baik yang disebabkan oleh whether due to fraud or error, and to issue an
kecurangan maupun kesalahan, dan untuk Independent Auditor’s report that includes our
menerbitkan laporan auditor independen yang opinion. Reasonable assurance is a high level of
mencakup opini kami. Keyakinan memadai assurance, but is not a guarantee that an audit
merupakan suatu tingkat keyakinan tinggi, namun conducted in accordance with Standards on
bukan merupakan suatu jaminan bahwa audit Auditing established by the IICPA will always
yang dilaksanakan berdasarkan Standar Audit detect a material misstatement when it exists.
yang ditetapkan oleh IAPI akan selalu mendeteksi Misstatements can arise from fraud or error and
kesalahan penyajian material ketika hal tersebut are considered material if, individually or in the
ada. Kesalahan penyajian dapat disebabkan oleh aggregate, they could reasonably be expected to
kecurangan maupun kesalahan dan dianggap influence the economic decisions of users taken
material jika, baik secara individual maupun on the basis of these financial statements.
agregat, dapat diekspektasikan secara wajar akan
memengaruhi keputusan ekonomi yang diambil
oleh pengguna berdasarkan laporan keuangan
tersebut.
vii
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language.
Laporan Auditor Independen (lanjutan) Independent Auditor’s Report (continued)
Laporan No. 00068/2.1032/AU.1/07/1681- Report No. 00068/2.1032/AU.1/07/1681-
3/1/II/2025 (lanjutan) 3/1/II/2025 (continued)
Tanggung jawab auditor terhadap audit atas Auditor’s responsibilities for the audit of the
laporan keuangan (lanjutan) financial statements (continued)
Sebagai bagian dari suatu audit berdasarkan As part of an audit in accordance with Standards
Standar Audit yang ditetapkan oleh IAPI, kami on Auditing established by the IICPA, we exercise
menerapkan pertimbangan profesional dan professional judgment and maintain professional
mempertahankan skeptisisme profesional selama skepticism throughout the audit. We also:
audit. Kami juga:
Mengidentifikasi dan menilai risiko kesalahan Identify and assess the risks of material
penyajian material dalam laporan keuangan, misstatement of the financial statements,
baik yang disebabkan oleh kecurangan whether due to fraud or error, design and
maupun kesalahan, mendesain dan perform audit procedures responsive to such
melaksanakan prosedur audit yang responsif risks, and obtain audit evidence that is
terhadap risiko tersebut, serta memeroleh sufficient and appropriate to provide a basis
bukti audit yang cukup dan tepat untuk for our opinion. The risk of not detecting
menyediakan basis bagi opini kami. Risiko a material misstatement resulting from fraud
tidak terdeteksinya suatu kesalahan penyajian is higher than for one resulting from error,
material yang disebabkan oleh kecurangan as fraud may involve collusion, forgery,
lebih tinggi daripada yang disebabkan oleh intentional omissions, misrepresentations, or
kesalahan, karena kecurangan dapat override of internal control.
melibatkan kolusi, pemalsuan, penghilangan
secara sengaja, pernyataan salah, atau
pengabaian pengendalian internal.
Memeroleh suatu pemahaman tentang Obtain an understanding of internal control
pengendalian internal yang relevan dengan relevant to the audit in order to design audit
audit untuk mendesain prosedur audit yang procedures that are appropriate in the
tepat sesuai dengan kondisinya, tetapi circumstances, but not for the purpose of
bukan untuk tujuan menyatakan opini atas expressing an opinion on the effectiveness of
keefektivitasan pengendalian internal Bank. the Bank’s internal control.
Mengevaluasi ketepatan kebijakan akuntansi Evaluate the appropriateness of accounting
yang digunakan serta kewajaran estimasi policies used and the reasonableness of
akuntansi dan pengungkapan terkait yang accounting estimates and related disclosures
dibuat oleh manajemen. made by management.
viii
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language.
Laporan Auditor Independen (lanjutan) Independent Auditor’s Report (continued)
Laporan No. 00068/2.1032/AU.1/07/1681- Report No. 00068/2.1032/AU.1/07/1681-
3/1/II/2025 (lanjutan) 3/1/II/2025 (continued)
Tanggung jawab auditor terhadap audit atas Auditor’s responsibilities for the audit of the
laporan keuangan (lanjutan) financial statements (continued)
Sebagai bagian dari suatu audit berdasarkan As part of an audit in accordance with Standards
Standar Audit yang ditetapkan oleh IAPI, kami on Auditing established by the IICPA, we exercise
menerapkan pertimbangan profesional dan professional judgment and maintain professional
mempertahankan skeptisisme profesional selama skepticism throughout the audit. We also:
audit. Kami juga: (lanjutan) (continued)
Menyimpulkan ketepatan penggunaan basis Conclude on the appropriateness of
akuntansi kelangsungan usaha oleh management's use of the going concern basis
manajemen dan, berdasarkan bukti audit yang of accounting and, based on the audit evidence
diperoleh, apakah terdapat suatu obtained, whether a material uncertainty
ketidakpastian material yang terkait dengan exists related to events or conditions that may
peristiwa atau kondisi yang dapat cast significant doubt on the Bank's ability to
menyebabkan keraguan signifikan atas continue as a going concern. If we conclude
kemampuan Bank untuk mempertahankan that a material uncertainty exists, we are
kelangsungan usahanya. Ketika kami required to draw attention in our independent
menyimpulkan bahwa terdapat suatu auditor’s report to the related disclosures in
ketidakpastian material, kami diharuskan the financial statements or, if such disclosures
untuk menarik perhatian dalam laporan are inadequate, to modify our opinion. Our
auditor independen kami ke pengungkapan conclusions is based on the audit evidence
terkait dalam laporan keuangan atau, jika obtained up to the date of our independent
pengungkapan tersebut tidak memadai, auditor’s report. However, future events or
memodifikasi opini kami. Kesimpulan kami conditions may cause the Bank to cease to
didasarkan pada bukti audit yang diperoleh continue as a going concern.
hingga tanggal laporan auditor independen
kami. Namun, peristiwa atau kondisi masa
depan dapat menyebabkan Bank tidak dapat
mempertahankan kelangsungan usahanya.
Mengevaluasi penyajian, struktur, dan isi Evaluate the overall presentation, structure,
laporan keuangan secara keseluruhan, and content of the financial statements,
termasuk pengungkapannya, dan apakah including the disclosures, and whether the
laporan keuangan mencerminkan transaksi financial statements represent the underlying
dan peristiwa yang mendasarinya dengan transactions and events in a manner that
suatu cara yang mencapai penyajian wajar. achieves fair presentation.
Kami mengomunikasikan kepada pihak yang We communicate with those charged with
bertanggung jawab atas tata kelola mengenai, governance regarding, among other matters, the
antara lain, ruang lingkup dan saat yang planned scope and timing of the audit and
direncanakan atas audit serta temuan audit significant audit findings, including any significant
signifikan, termasuk setiap defisiensi signifikan deficiencies in internal control that we identify
dalam pengendalian internal yang teridentifikasi during our audit.
oleh kami selama audit.
ix
Page 277
The original report included herein is in the Indonesian
language.
Laporan Auditor Independen (lanjutan) Independent Auditor’s Report (continued)
Laporan No. 00068/2.1032/AU.1/07/1681- Report No. 00068/2.1032/AU.1/07/1681-
3/1/II/2025 (lanjutan) 3/1/II/2025 (continued)
Tanggung jawab auditor terhadap audit atas Auditor’s responsibilities for the audit of the
laporan keuangan (lanjutan) financial statements (continued)
Kami juga memberikan suatu pernyataan kepada We also provide those charged with governance
pihak yang bertanggung jawab atas tata kelola with a statement that we have complied with
bahwa kami telah mematuhi ketentuan etika relevant ethical requirements regarding
yang relevan mengenai independensi, dan independence, and to communicate with them all
mengomunikasikan kepada pihak tersebut seluruh relationships and other matters that may
hubungan, serta hal-hal lain yang dianggap secara reasonably be thought to bear on our
wajar berpengaruh terhadap independensi kami, independence, and where applicable, related
dan, jika relevan, pengamanan terkait. safeguards.
Dari hal-hal yang dikomunikasikan kepada pihak From the matters communicated with those
yang bertanggung jawab atas tata kelola, kami charged with governance, we determine those
menentukan hal-hal tersebut yang paling matters that were of most significance in the audit
signifikan dalam audit atas laporan keuangan of the financial statements of the current period
periode kini dan oleh karenanya menjadi hal audit and are therefore the key audit matters.
utama. Kami menguraikan hal audit utama We describe such key audit matters in our
tersebut dalam laporan auditor independen kami independent auditor’s report unless laws or
kecuali peraturan perundang-undangan melarang regulations preclude public disclosure about such
pengungkapan publik tentang hal audit utama key audit matters or when, in extremely rare
tersebut atau ketika, dalam kondisi yang sangat circumstances, we determine that a key audit
jarang terjadi, kami menentukan bahwa suatu hal matter should not be communicated in our
audit utama tidak boleh dikomunikasikan independent auditor’s report because the adverse
dalam laporan auditor independen kami consequences of doing so would reasonably be
karena konsekuensi yang merugikan dari expected to outweigh the public interest benefits
mengomunikasikan hal tersebut akan of such communication.
diekspektasikan secara wajar melebihi manfaat
kepentingan publik atas komunikasi tersebut.
KAP Purwantono, Sungkoro & Surja
Christophorus Alvin Kossim
Registrasi Akuntan Publik No. AP.1681/Public Accountant Registration No. AP.1681
19 Februari 2025/February 19, 2025
x
Page 278
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
LAPORAN POSISI KEUANGAN STATEMENT OF FINANCIAL POSITION
Tanggal 31 Desember 2024 As of December 31, 2024
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
31 Desember/December 31
Catatan/
Notes 2024 2023
ASET ASSETS
Kas 2d,2y,4,35 169.338 212.839 Cash
2d,2f,2x,5 Current accounts with
Giro pada Bank Indonesia 35,40,42 1.490.587 1.552.681 Bank Indonesia
Giro pada bank lain 2d,2f,2x Current accounts with other banks
Pihak berelasi 6,35,40,42 47.288 30.695 Related parties
Pihak ketiga 2ae,34 118.338 108.447 Third parties
7
165.626 139.142
Dikurangi: cadangan kerugian Less: allowance for impairment
penurunan nilai 2e (169) (126) losses
Neto 165.457 139.016 Net
Penempatan pada Bank Indonesia Placements with Bank Indonesia
dan bank lain 2d,2g,2x and other banks
Pihak ketiga 7,35,40,42 338.007 45.000 Third parties
Dikurangi: cadangan kerugian Less: allowance for impairment
penurunan nilai 2e (1) (1) losses
Neto 338.006 44.999 Net
Tagihan derivatif 2d,35,40 4.316 12.832 Derivative receivables
Efek-efek Marketable securities
Pihak ketiga 2d,2h,8,35,40,42 6.815.620 4.506.619 Third parties
Dikurangi: cadangan kerugian Less: allowance for impairment
penurunan nilai 2e (104) (152) losses
Neto 6.815.516 4.506.467 Net
Tagihan akseptasi 2d,9,35,40 12.262 - Acceptance receivables
Dikurangi: cadangan kerugian Less: allowance for impairment
penurunan nilai (2) - losses
Neto 12.260 - Net
Tagihan atas efek-efek Receivables on securities
yang dibeli dengan 2d,2i,10 purchased under
janji dijual kembali 35,40,42 - 1.069.249 agreements to resale
Biaya dibayar di muka 2n,15 4.385 2.906 Prepaid expenses
Kredit yang diberikan 2c,2d,2j Loans
Pihak berelasi 2x,11,35,40,42 5.631 6.569 Related parties
Pihak ketiga 2ae,34 23.458.170 19.353.409 Third parties
23.463.801 19.359.978
Dikurangi: cadangan kerugian Less: allowance for impairment
penurunan nilai 2e (450.922) (513.561) losses
Neto 23.012.879 18.846.417 Net
Pendapatan bunga yang
masih akan diterima Interest receivables
Pihak berelasi 2d,2u,2x,2ae 12 15 Related parties
Pihak ketiga 12,34,35,40 158.818 98.429 Third parties
158.830 98.444
Agunan yang diambil alih 2o,16 80.084 108.306 Foreclosed assets
Catatan atas laporan keuangan terlampir merupakan The accompanying notes to the financial statements form
bagian yang tidak terpisahkan dari laporan keuangan an integral part of these financial statements taken as a
secara keseluruhan. whole.
1
Page 279
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
LAPORAN POSISI KEUANGAN STATEMENT OF FINANCIAL POSITION
(lanjutan) (continued)
Tanggal 31 Desember 2024 As of December 31, 2024
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
31 Desember/December 31
Catatan/
Notes 2024 2023
ASET (lanjutan) ASSETS (continued)
Aset tetap dan aset hak guna, Fixed assets and
setelah dikurangi akumulasi right-of-use assets, net of
penyusutan masing-masing accumulated depreciation of
sebesar Rp412.385 dan Rp412,385 and Rp404,098
Rp404.098 pada tanggal as of December 31, 2024
31 Desember 2024 dan 2023 2k,2z,13,30 781.079 802.325 and 2023, respectively
Goodwill 2c,2l,14 190.075 190.075 Goodwill
Aset pajak tangguhan 2z,21f 132.787 124.587 Deferred tax assets
2d,2l,2y
Aset lain-lain 17 189.862 140.803 Other assets
JUMLAH ASET 33.545.461 27.851.946 TOTAL ASSETS
Catatan atas laporan keuangan terlampir merupakan The accompanying notes to the financial statements form
bagian yang tidak terpisahkan dari laporan keuangan an integral part of these financial statements taken as a
secara keseluruhan. whole.
2
Page 280
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
LAPORAN POSISI KEUANGAN STATEMENT OF FINANCIAL POSITION
(lanjutan) (continued)
Tanggal 31 Desember 2024 As of December 31, 2024
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
31 Desember/December 31
Catatan/
Notes 2024 2023
LIABILITAS DAN EKUITAS LIABILITIES AND EQUITY
LIABILITAS LIABILITIES
Liabilitas segera 2d,2p,2x,18,35 14.928 20.501 Obligation due immediately
Liabilitas derivatif 2d,35,40 20.350 2.023 Derivative payables
Liabilitas akseptasi 2d,2x,2q,9,35,40 12.262 - Acceptance payables
Simpanan dari nasabah 2d,2q,2x Deposits from customers
Pihak berelasi 19,35,40,42i 18.329 16.788 Related parties
Pihak ketiga 2ae,34 23.339.144 19.970.024 Third parties
Simpanan dari bank lain Deposits from other banks
Pihak berelasi 2d,2r,2x,20,42i 171 70 Related parties
Pihak ketiga 2ae,34,35,40 844.503 324.580 Third parties
Bunga yang masih harus dibayar Interest payables
Pihak berelasi 2d,2x,2ae 12 3.149 Related parties
Pihak ketiga 24,34,35,40 75.568 43.804 Third parties
Liabilitas atas efek-efek yang dijual 2d,2i,22 Liabilities on securities sold
dengan janji dibeli kembali 42i,35,40 1.552.058 94.295 under repurchase agreement
Pinjaman yang diterima 23,35,39 482.850 - Fund borrowing
Utang pajak 2y,21 43.160 74.693 Taxes payable
Provisi 2ac,37 65.456 54.956 Provisions
Surat berharga subordinasi 2ae,25,34,39,42i - 461.910 Subordinated securities
Liabilitas imbalan kerja
karyawan 2w,36 165.685 168.500 Employment benefits obligation
2d,2x,26
Liabilitas lain-lain 35,40,42i 69.189 76.096 Other liabilities
JUMLAH LIABILITAS 26.703.665 21.311.389 TOTAL LIABILITIES
EKUITAS EQUITY
Modal saham - nilai nominal per Share capital - par value per
saham Rp100 (nilai penuh) share of Rp100 (full amount)
Modal dasar -
Sebesar 60.000.000.000 Authorised capital -
saham masing-masing pada 60,000,000,000 shares
31 Desember 2024 as of December 31, 2024
dan 2023 and 2023, respectively
Modal ditempatkan dan
disetor penuh Issued and fully
37.919.730.514 saham paid-up capital -
masing-masing pada 37,919,730,514 shares
31 Desember 2024 as of December 31, 2024
dan 2023 27 3.791.973 3.791.973 and 2023, respectively
Tambahan modal disetor 27 1.267.378 1.267.378 Additional paid-in capital
Komponen ekuitas lain 2d,2h,2k,2w 361.356 355.519 Other equity component
Saldo laba Retained earnings
Telah ditentukan penggunaannya 5.500 5.000 Appropriated
Belum ditentukan penggunaannya 1.415.589 1.120.687 Unappropriated
JUMLAH EKUITAS 6.841.796 6.540.557 TOTAL EQUITY
TOTAL LIABILITIES
JUMLAH LIABILITAS DAN EKUITAS 33.545.461 27.851.946 AND EQUITY
Catatan atas laporan keuangan terlampir merupakan The accompanying notes to the financial statements form
bagian yang tidak terpisahkan dari laporan keuangan an integral part of these financial statements taken as a
secara keseluruhan. whole.
3
Page 281
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
LAPORAN LABA RUGI DAN PENGHASILAN STATEMENT OF PROFIT OR LOSS
KOMPREHENSIF LAIN AND OTHER COMPREHENSIVE INCOME
Untuk Tahun yang Berakhir pada Tanggal For the Year Ended
31 Desember 2024 December 31, 2024
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
Tahun yang Berakhir pada Tanggal 31 Desember/
Year Ended December, 31
Catatan/
Notes 2024 2023
PENDAPATAN DAN BEBAN OPERATING
OPERASIONAL INCOME AND EXPENSES
2u,2ae
Pendapatan bunga 28,34,38 2.141.940 1.690.178 Interest income
2u,2ae
Beban bunga 29,34,38 (1.146.130) (733.299) Interest expense
PENDAPATAN BUNGA BERSIH 995.810 956.879 NET INTEREST INCOME
PENDAPATAN OPERASIONAL
LAINNYA OTHER OPERATING INCOME
Pendapatan provisi dan komisi 2v 63.247 45.782 Fee and commission income
Keuntungan/(kerugian) transaksi Gain/(loss) on foreign
mata uang asing - neto 24.078 (4.090) exchange transactions - net
Keuntungan yang belum Unrealized gain from
direalisasi dari perubahan changes in fair value
nilai wajar efek-efek - neto 2h 3.351 1.802 of marketable securities - net
JUMLAH PENDAPATAN TOTAL OTHER
OPERASIONAL LAINNYA 90.676 43.494 OPERATING INCOME
Penyisihan cadangan kerugian 2e,2j,6f, Provision for impairment
penurunan nilai aset keuangan 7e,8f,11g (158.324) (128.803) losses on financial assets
(Pemulihan)/penyisihan cadangan (Reversal)/provision for
kerugian penurunan nilai impairment losses on
aset non keuangan 2m 1.404 (25.077) non- financial assets
BEBAN OPERASIONAL LAINNYA OTHER OPERATING EXPENSES
General and administrative
Beban umum dan administrasi 30 (243.880) (236.309) expenses
Beban tenaga kerja 2ae,31,34 (310.144) (307.482) Personnel expenses
JUMLAH BEBAN OPERASIONAL TOTAL OTHER
LAINNYA (554.024) (543.791) OPERATING EXPENSES
PENDAPATAN OPERASIONAL -
BERSIH 375.542 302.702 NET OPERATING INCOME
Pendapatan bukan operasional 7.927 8.083 Non-operating income
Beban bukan operasional (1.180) (984) Non-operating expense
PENDAPATAN BUKAN NON-OPERATING
OPERASIONAL - BERSIH 6.747 7.099 INCOME - NET
Catatan atas laporan keuangan terlampir merupakan The accompanying notes to the financial statements form
bagian yang tidak terpisahkan dari laporan keuangan an integral part of these financial statements taken as a
secara keseluruhan. whole.
4
Page 282
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
LAPORAN LABA RUGI DAN PENGHASILAN STATEMENT OF PROFIT OR LOSS
KOMPREHENSIF LAIN AND OTHER COMPREHENSIVE INCOME
(lanjutan) (continued)
Untuk Tahun yang Berakhir pada Tanggal For the Year Ended
31 Desember 2024 December 31, 2024
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
Tahun yang Berakhir pada Tanggal 31 Desember/
Year Ended December, 31
Catatan/
Notes 2024 2023
LABA SEBELUM INCOME BEFORE
PAJAK PENGHASILAN 382.289 309.801 INCOME TAX
BEBAN PAJAK PENGHASILAN 2y,21b (86.887) (68.510) INCOME TAX EXPENSE
LABA BERSIH
TAHUN BERJALAN 295.402 241.291 NET INCOME FOR THE YEAR
PENGHASILAN KOMPREHENSIF OTHER COMPREHENSIVE
LAIN INCOME
Pos-pos yang tidak akan Items that will not be
direklasifikasi ke laba rugi: reclassified to profit or loss:
Revaluation surplus
Surplus revaluasi aset tetap - 105.127 on fixed assets
Remeasurement of
Pengukuran kembali atas employment benefits
imbalan kerja karyawan 36b 8.422 (6.518) obligation
Pajak penghasilan terkait 2y,21f (1.853) 1.434 Related income tax
6.569 (5.084)
Pos-pos yang akan Items that will be reclassified
direklasifikasi ke laba rugi: to profit or loss:
Rugi neto yang belum direalisasi
atas perubahan nilai efek-efek Unrealized net loss on
dan obligasi pemerintah yang changes in value of fair value
diukur pada nilai wajar melalui through other comprehensive
penghasilan komprehensif lain (938) (18) income securities
Pajak penghasilan terkait 2y,21f 206 4 Related income tax
(732) (14)
LABA KOMPREHENSIF
LAIN TAHUN OTHER COMPREHENSIVE
BERJALAN INCOME FOR THE
SETELAH PAJAK 5.837 100.029 YEAR NET OF TAX
JUMLAH PENGHASILAN
KOMPREHENSIF TAHUN TOTAL COMPREHENSIVE
BERJALAN 301.239 341.320 INCOME FOR THE YEAR
LABA BERSIH PER SAHAM EARNINGS PER SHARE
Dasar dan dilusian Basic and diluted
(dalam Rupiah penuh) 2ab,33 7,79 6,36 (in full Rupiah)
Catatan atas laporan keuangan terlampir merupakan The accompanying notes to the financial statements form
bagian yang tidak terpisahkan dari laporan keuangan an integral part of these financial statements taken as a
secara keseluruhan. whole.
5
Page 283
The original financial statements included herein are in Indonesian language.
PT BANK CHINA CONSTRUCTION BANK INDONESIA Tbk PT BANK CHINA CONSTRUCTION BANK INDONESIA Tbk
LAPORAN PERUBAHAN EKUITAS STATEMENT OF CHANGES IN EQUITY
Untuk Tahun yang Berakhir pada Tanggal 31 Desember 2024 For the Year Ended December 31, 2024
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Penghasilan/(kerugian) komprehensif lain/
Other comprehensive income/(loss)
Laba/(rugi)
yang belum
direalisasi atas
efek-efek dalam nilai
nilai wajar melalui
penghasilan
komprehensif Pengukuran
lain- neto/ kembali
Unrealized - net gain/ atas imbalan Surplus revaluasi Saldo laba/Retained earnings
(loss) on fair value kerja karyawan/ aset tetap/
Tambahan modal through other Remeasurement Revaluation Belum ditentukan Telah ditentukan
Catatan/ Modal saham/ disetor/Additional comprehensive of employment surplus on penggunaannya/ penggunaannya/ Jumlah ekuitas
Note Share capital paid-in capital income securities benefits obligation fixed assets Unappropriated Appropriated Total equity
Saldo tanggal 31 Desember 2022 3.791.973 1.267.378 (4.280) 6.651 253.119 879.896 4.500 6.199.237 Balance as of December 31, 2022
Laba bersih tahun berjalan - - - - - 241.291 - 241.291 Net income for the year
Alokasi saldo laba yang telah Allocation to appropriated
Ditentukan penggunaannya - - - - - (500) 500 - retained earning
Perubahan nilai wajar atas
efek-efek dalam Changes in fair value of fair value
kelompok nilai wajar melalui through other comprehensive
penghasilan komprehensif lain - bersih - - (14) - - - - (14) income of securities - net
Pengukuran kembali atas imbalan Remeasurement of
kerja karyawan - bersih 21f,36b - - - (5.084) - - - (5.084) employment benefits obligation - net
Surplus revaluasi aset tetap 13 - - - - 105.127 - - 105.127 Revaluation surplus on fixed assets
Saldo tanggal 31 Desember 2023 3.791.973 1.267.378 (4.294) 1.567 358.246 1.120.687 5.000 6.540.557 Balance as of December 31, 2023
Laba bersih tahun berjalan - - - - - 295.402 - 295.402 Net income for the year
Alokasi saldo laba yang telah Allocation to appropriated
Ditentukan penggunaannya - - - - - (500) 500 - retained earning
Perubahan nilai wajar atas
efek-efek dalam Changes in fair value of fair value
kelompok nilai wajar melalui through other comprehensive
penghasilan komprehensif lain - bersih - - (732) - - - - (732) income of securities - net
Pengukuran kembali atas imbalan Remeasurement of
kerja karyawan - bersih 21f,36b - - - 6.569 - - - 6.569 employment benefits obligation - net
Saldo tanggal 31 Desember 2024 3.791.973 1.267.378 (5.026) 8.136 358.246 1.415.589 5.500 6.841.796 Balance as of December 31, 2024
Catatan atas laporan keuangan terlampir merupakan bagian yang tidak terpisahkan dari laporan keuangan secara The accompanying notes to the financial statements form an integral part of these financial statements taken as a whole.
keseluruhan.
6
Page 284
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
LAPORAN ARUS KAS STATEMENT OF CASH FLOWS
Untuk Tahun yang Berakhir pada Tanggal For the Year Ended
31 Desember 2024 December 31, 2024
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
Tahun yang Berakhir pada Tanggal 31 Desember/
Year Ended December, 31
Catatan/
Notes 2024 2023
ARUS KAS DARI CASH FLOWS FROM
AKTIVITAS OPERASI OPERATING ACTIVITIES
Penerimaan bunga, provisi dan Interest, fees
komisi 2.144.801 1.705.192 and commissions receipt
Pembayaran beban bunga dan beban Payment of interest and
keuangan lainnya (1.110.890) (713.189) other financial charges
Pembayaran beban umum dan Payment of general and
administrasi (175.842) (183.223) administrative expenses
Pembayaran beban tenaga kerja (304.537) (284.759) Payment of personnel expenses
Penerimaan pendapatan lainnya 8.113 5.740 Other operating income received
Pembayaran beban operasi lainnya (789) (16) Other operating expense paid
Pembayaran pajak penghasilan 21 (128.035) (99.413) Payment of income tax
Cash flows before changes in
Arus kas sebelum perubahan dalam operating assets and
aset dan liabilitas operasi 432.821 430.332 liabilities
Decrease/(increase) in operating
Penurunan/(kenaikan) aset operasi: assets:
Kredit yang diberikan (4.335.923) (2.740.490) Loans
Tagihan derivatif 8.516 (94) Derivative receivables
Tagihan akseptasi (12.262) - Acceptance receivables
Tagihan atas efek-efek Receivables on securities
yang dibeli dengan janji purchased under
janji dijual kembali 10 1.069.249 2.877.919 agreements to resale
Aset lain-lain (28.865) 7.693 Other assets
(Penurunan)/kenaikan liabilitas (Decrease)/increase in operating
operasi: liabilities:
Liabilitas segera 18 (5.572) 4.005 Obligation due immediately
Simpanan dari nasabah dan Deposits from customers and
simpanan dari bank lain 19,20 3.890.683 2.296.873 deposits from other banks
Liabilitas derivatif 18.327 259 Derivative payables
Liabilitas akseptasi 12.262 - Acceptance payables
Liabilitas atas efek-efek yang dijual Liabilities on securities sold
dengan janji dibeli kembali 10 1.451.149 94.085 under repurchase agreement
Utang pajak 21 (232) 6.066 Taxes payable
Liabilitas lain-lain (29.558) 12.100 Other liabilities
Arus kas bersih diperoleh Net cash flows provided
dari aktivitas operasi 2.470.595 2.988.748 by operating activities
Catatan atas laporan keuangan terlampir merupakan The accompanying notes to the financial statements form
bagian yang tidak terpisahkan dari laporan keuangan an integral part of these financial statements taken as a
secara keseluruhan. whole.
7
Page 285
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
LAPORAN ARUS KAS (lanjutan) STATEMENT OF CASH FLOWS (continued)
Untuk Tahun yang Berakhir pada Tanggal For the Year Ended
31 Desember 2024 December 31, 2024
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
Tahun yang Berakhir pada Tanggal 31 Desember/
Year Ended December, 31
Catatan/
Notes 2024 2023
ARUS KAS DARI AKTIVITAS CASH FLOWS FROM INVESTING
INVESTASI ACTIVITIES
Pembelian efek-efek yang Purchases fair value through
diukur pada nilai wajar melalui other comprehensive
penghasilan komprehensif lain (1.898.563) (3.162.058) income securities
Pembelian efek-efek yang diukur Purchases of amortized cost
pada biaya yang diamortisasi (411.374) (450.630) securities
Hasil penjualan aset tetap 13 3.578 3.775 Proceeds from sale of fixed assets
Hasil penjualan agunan yang Proceeds from sale of
diambil alih 16 28.172 6.175 foreclosed assets
Hasil penjualan aset Proceeds from sale of
terbengkalai 17 1.946 - abandoned properties
Perolehan aset tetap 13 (22.342) (16.366) Acquisition of fixed assets
Arus kas bersih digunakan Net cash flows provided
untuk aktivitas investasi (2.298.583) (3.619.104) by investing activities
ARUS KAS DARI CASH FLOWS FROM
AKTIVITAS PENDANAAN FINANCING ACTIVITIES
Penerimaan pinjaman yang diterima 39 485.700 - Receipt fund borrowing
Pembayaran surat berharga Payment subordinated
subordinasi 39 (468.900) - loans
Pembayaran liabilitas sewa 26 (11.806) (10.629) Payment lease liabilities
Arus kas bersih diperoleh dari/ Net cash flows provided by/
(digunakan untuk) aktivitas pendanaan 4.994 (10.629) (used in) financing activities
NET INCREASE/ (DECREASE)
KENAIKAN/ (PENURUNAN) BERSIH IN CASH AND CASH
KAS DAN SETARA KAS 177.006 (640.985) EQUIVALENTS
CASH AND CASH EQUIVALENTS
KAS DAN SETARA KAS AT THE BEGINNING
PADA AWAL TAHUN 1.949.662 2.602.352 OF YEAR
Pengaruh perubahan kurs The effect of changes in
mata uang asing 36.890 (11.705) foreign exchange rates
KAS DAN SETARA KAS CASH AND CASH EQUIVALENTS
PADA AKHIR TAHUN 2.163.558 1.949.662 AT THE END OF YEAR
Cash and cash equivalents
Kas dan setara kas terdiri dari: consist of:
Kas 4 169.338 212.839 Cash
Current accounts with
Giro pada Bank Indonesia 5 1.490.587 1.552.681 Bank Indonesia
Current accounts
Giro pada bank lain 6 165.626 139.142 with other banks
Penempatan pada Placements with Bank
Bank Indonesia dan bank lain 7 338.007 45.000 Indonesia and other banks
Total cash and
Jumlah kas dan setara kas 2.163.558 1.949.662 cash equivalents
Catatan atas laporan keuangan terlampir merupakan The accompanying notes to the financial statements form
bagian yang tidak terpisahkan dari laporan keuangan an integral part of these financial statements taken as a
secara keseluruhan. whole.
8
Page 286
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
1. UMUM 1. GENERAL
a. Pendirian dan informasi umum a. Establishment and general information
PT Bank China Construction Bank Indonesia PT Bank China Construction Bank Indonesia
Tbk (“Bank”) didirikan dengan nama PT Bank Tbk (the “Bank”) was established under the
Multicor pada tanggal 2 April 1974 berdasarkan name of PT Bank Multicor on April 2, 1974
Akta No. 4 dari Notaris Bagijo, S.H. di Jakarta. based on Notarial Deed No. 4 of Bagijo, S.H.,
Akta pendirian ini disahkan oleh Menteri public notary in Jakarta. The Deed of
Kehakiman Republik Indonesia dengan Surat Establishment was approved by the Minister
Keputusannya No.Y.A. 5/369/19 tanggal of Justice of the Republic of Indonesia in its
12 Oktober 1974, dan diumumkan dalam Berita Decision Letter No. Y.A. 5/369/19 dated
Negara Republik Indonesia No. 93 tanggal October 12, 1974, and was published in
19 November 1974. Tambahan No. 719. Pada State Gazette of the Republic of Indonesia
tahun 2007, berdasarkan Akta No. 172 tanggal No. 93 dated November 19, 1974,
28 November 2007, dibuat di hadapan Notaris Supplement No. 719. In 2007, based on
Eliwaty Tjitra, S.H., di Jakarta yang diumumkan Notarial Deed No. 172 dated November 28,
dalam Berita Negara Republik Indonesia 2007 of Eliwaty Tjitra, S.H., public notary in
No. 58 tanggal 18 Juli 2008, Tambahan Jakarta and published in the State Gazzette
No.12219, nama Bank diubah menjadi of the Republic of Indonesia No. 58 dated
PT Bank Windu Kentjana International Tbk. July 18, 2008, Supplement No. 12219, the
Perubahan nama ini telah disetujui Bank's name was changed to PT Bank
melalui Surat Keputusan Gubernur Bank Windu Kentjana International Tbk. The name
Indonesia No. 10/9/KEP.GBI/2008 tanggal change had been approved through the
8 Februari 2008. Decision Letter of the Governor of Bank
Indonesia No.10/9/KEP.GBI/2008 dated
February 8, 2008.
Melalui Rapat Umum Pemegang Saham Luar Through the Extraordinary General
Biasa tanggal 11 November 2016, telah Shareholders’ Meeting on November 11,
disetujui perubahan nama Bank dari PT Bank 2016, the change of the Bank’s name from
Windu Kentjana International Tbk menjadi PT Bank Windu Kentjana International Tbk to
PT Bank China Construction Ba8nk Indonesia PT Bank China Construction Bank Indonesia
Tbk. Perubahan nama Bank ini telah mendapat Tbk has been approved. The change of the
persetujuan melalui Keputusan Menteri Hukum Bank’s name had been approved through
dan Hak Asasi Manusia Republik Indonesia No. Minister of Law and Human Rights of the
AHU-0003776.AH.01.10 tahun 2016 tanggal Republic of Indonesia Decision No. AHU-
30 November 2016 tentang Persetujuan 0003776.AH.01.10 year 2016 dated
Perubahan Anggaran Dasar Bank dan melalui November 30, 2016 regarding the Approval
Akta No. 58 tanggal 11 November 2016, dibuat of the Bank’s Articles of Association Change
di hadapan Eliwaty Tjitra, S.H., notaris di and based on Notarial Deed No. 58 dated
Jakarta. November 11, 2016 of Eliwaty Tjitra, S.H.,
public notary in Jakarta.
Bank dimiliki oleh China Construction Bank The Bank is owned by China Construction
Corporation (CCB Corp.) selaku ultimate Bank Corporation (CCB Corp.) as the
shareholder. ultimate shareholder.
Sejak tanggal 16 Juli 2018, Bank berdomisili di Since July 16, 2018, the Bank is domiciled in
Jakarta dengan kantor pusat di Gedung Sahid Jakarta with head office located at Sahid
Sudirman Center lantai 15, Jl. Jend. Sudirman Sudirman Center Building 15th floor, Jl. Jend.
Kav. 86, Jakarta Pusat 10220 (sebelumnya Sudirman Kav. 86, Central Jakarta 10220
berdomisili di Equity Tower lantai 9, SCBD (previously was domiciled in Equity
Lot. 9, Jl. Jend. Sudirman Kav. 52-53, Jakarta Tower 9th floor, SCBD Lot. 9, Jl. Jend.
Selatan 12190). Sebaran cabang Bank meliputi Sudirman Kav. 52-53, Jakarta Selatan
daerah Jawa, Bali, Sumatra, Kepulauan Riau, 12190). The Bank’s branches are distributed
Kalimantan Barat, Sulawesi Selatan, Bangka in Java, Bali, Sumatra, Kepulauan Riau,
Belitung, dan Nusa Tenggara Barat. West Kalimantan, South Sulawesi, Bangka
Belitung, and West Nusa Tenggara.
9
Page 287
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
1. UMUM (lanjutan) 1. GENERAL (continued)
a. Pendirian dan informasi umum (lanjutan) a. Establishment and general information
(continued)
Pada tanggal 31 Desember 2024 dan 2023, As of December 31, 2024 and 2023, the
jumlah jaringan cabang-cabang dan kantor- number of the Bank’s branches and
kantor pembantu Bank adalah sebagai berikut representative offices are as follows
(tidak diaudit): (unaudited):
31 Desember/December 31
2024 2023
Kantor cabang 20 20 Branch offices
Kantor cabang pembantu 52 51 Sub-branch offices
Sesuai dengan pasal 3 Anggaran Dasar Bank, In accordance with article 3 of the Bank's
ruang lingkup kegiatan Bank adalah Articles of Association, the scope of its
menjalankan kegiatan umum perbankan. Bank activities is to engage in general banking.
adalah sebuah bank devisa nasional. Bank The Bank is a foreign exchange national
telah beroperasi secara komersial sejak bank. The Bank had started the operation
tahun 1974 dan mulai menjadi bank umum commercially since 1974 and started
pada tahun 1993 berdasarkan Surat Bank becoming a general bank since 1993 based
Indonesia No.25/637/UPSD/PBAL tanggal on Bank Indonesia Letter No.
17 Maret 1993. 25/637/UPSD/PBAL dated March 17, 1993.
b. Kombinasi bisnis b. Business combination
Tahun 2007 Year 2007
Untuk memperkuat struktur permodalan terkait The shareholders of PT Bank Multicor Tbk
dengan implementasi arsitektur Perbankan and PT Bank Windu Kentjana agreed to
Indonesia, para pemegang saham PT Bank merge in order to strengthen the capital
Multicor Tbk dan PT Bank Windu Kentjana structure in relation with the implementation
telah menyetujui untuk melakukan of the Indonesian Banking Architecture. In
penggabungan usaha (merger). Dalam this merger, PT Bank Windu Kentjana is "the
penggabungan ini PT Bank Windu Kentjana Surviving Company" and PT Bank Multicor
menjadi “Perusahaan Yang Menerima Tbk is "the Merged Company".
Penggabungan” dan PT Bank Multicor Tbk
sebagai “Perusahaan yang akan Bergabung”.
Bank telah mendapat pernyataan efektif The Bank has received the notice of
sehubungan dengan merger di atas effectivity of the merger based on the
berdasarkan surat Ketua Bapepam-LK letter of the Chairman of Bapepam-LK
No. S-5968/BL/2007 tanggal 26 November No. S-5968/BL/2007 dated November 26,
2007 dan izin Bank Indonesia berdasarkan 2007 and the merger license from
Keputusan Gubernur Bank Indonesia Bank Indonesia based on the Decision
No. 9/67/KEP.GBI/2007 mengenai pernyataan of the Governor of Bank Indonesia
merger pada tanggal 18 Desember 2007. No. 9/67/KEP.GBI/2007 regarding merger
Keputusan Gubernur Bank Indonesia tersebut statement dated December 18, 2007. The
mulai berlaku sejak tanggal persetujuan effective date of the merger is based on
perubahan Anggaran Dasar PT Multicor Tbk approval for the changes in Articles of
oleh Menteri Hukum dan Hak Asasi Association of PT Bank Multicor Tbk by the
Manusia Republik Indonesia dengan surat Ministry of Laws and Human Rights of the
keputusan No. AHU-00982.AH.01.02 tanggal Republic of Indonesia in its Decision Letter
8 Januari 2008. No. AHU-00982.AH.01.02 dated January 8,
2008.
10
Page 288
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
1. UMUM (lanjutan) 1. GENERAL (continued)
b. Kombinasi bisnis (lanjutan) b. Business combination (continued)
Tahun 2016 Year 2016
Pada tanggal 24 Juni 2016, Bank telah On June 24, 2016, the Bank signed a Sale
menandatangani Perjanjian Jual Beli (“SPA”) and Purchase Agreement (“SPA”) to acquire
untuk mengakuisisi PT Bank Antardaerah. PT Bank Antardaerah. The acquisition was
Akuisisi ini diselesaikan pada tanggal completed on June 24, 2016, with the Bank
24 Juni 2016, yang mana Bank mengakuisisi acquiring 100% of the issued shares of
100% dari jumlah saham yang diterbitkan oleh PT Bank Antardaerah at a purchase price of
PT Bank Antardaerah dengan harga perolehan Rp517,913 resulting in goodwill amounting to
Rp517.913 dan terdapat goodwill sebesar Rp190,075 (Note 14).
Rp190.075 (Catatan 14).
Berdasarkan SPA tersebut, Bank memperoleh Based on the SPA, the Bank has control over
kendali atas PT Bank Antardaerah. Oleh PT Bank Antardaerah. Thus, since the
karena itu, laporan keuangan PT Bank completion date of the acquisition, PT Bank
Antardaerah dikonsolidasikan ke dalam laporan Antardaerah’s financial statements have
keuangan Bank sejak tanggal penyelesaian been consolidated into the Bank’s financial
akuisisi tersebut. statements.
Melalui surat Otoritas Jasa Keuangan (“OJK”) Based on Financial Service Authority (“OJK”)
No. SR-100/D.03/2016 tanggal 13 Juni 2016, letter No. SR-100/D.03/2016 dated
Bank telah mendapatkan persetujuan atas June 13, 2016, the Bank has obtained
akuisisi PT Bank Antardaerah dari OJK. approval from OJK for the acquisition of
PT Bank Antardaerah.
Seiring dengan perkembangan dan strategi Along with the development and strategy
bisnis dalam kaitannya dengan perubahan business in relation to the changes in Bank’s
pemegang saham pengendali Bank, para controlling shareholders, the shareholders of
pemegang saham PT Bank Windu Kentjana PT Bank Windu Kentjana International Tbk
International Tbk dan PT Bank Antardaerah and PT Bank Antardaerah agreed to merge.
telah menyetujui untuk melakukan In this merger, PT Bank Windu Kentjana
penggabungan usaha (merger). Dalam International Tbk is "the Surviving Company"
penggabungan ini, PT Bank Windu Kentjana and PT Bank Antardaerah as "the Merged
International Tbk menjadi selaku “Perusahaan Company".
Yang Menerima Penggabungan” dan PT Bank
Antardaerah sebagai “Perusahaan yang akan
Bergabung”.
Bank telah mendapat pernyataan efektif The Bank has received the notice of
sehubungan dengan merger di atas effectivity of the merger based on the
berdasarkan persetujuan OJK melalui surat approval of OJK through letter
No. S-587/D.04/2016 tanggal 14 Oktober 2016. No. S-587/D.04/2016 dated October 14,
Keputusan tersebut mulai berlaku sejak tanggal 2016. The approval date for the changes in
persetujuan perubahan Anggaran Dasar Articles of Association of PT Bank Windu
PT Bank Windu Kentjana International Tbk oleh Kentjana International Tbk by the Ministry of
Menteri Hukum dan Hak Asasi Manusia Laws and Human Rights of the
Republik Indonesia dengan surat Republic of Indonesia in its Decision
keputusan No. AHU-0143387.AH.01.11 tanggal Letter No. AHU-0143387.AH.01.11 dated
30 November 2016. November 30, 2016.
Setelah merger, susunan kepemilikan After the merger, the Bank’s composition of
permodalan Bank tidak mengalami perubahan. shares ownership did not change.
11
Page 289
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
1. UMUM (lanjutan) 1. GENERAL (continued)
b. Kombinasi bisnis (lanjutan) b. Business combination (continued)
Tahun 2016 (lanjutan) Year 2016 (continued)
Penggabungan usaha tersebut dicatat dengan The merger will be performed using the
metode penyatuan kepemilikan (pooling of pooling of interest method based on each
interest) berdasarkan nilai buku masing-masing entity’s book value.
Perusahaan.
c. Penawaran umum efek c. Public offering of the shares
Pada tanggal 20 Juni 2007, Bank memperoleh On June 20, 2007, the Bank obtained the
pernyataan efektif dari Ketua Badan Pengawas notice of effectivity from the Chairman of the
Pasar Modal dan Lembaga Keuangan Capital Market and Financial Institutions
(Bapepam-LK) melalui surat Supervisory Agency (Bapepam-LK) in his
No. S-3023/BL/2007 untuk penawaran umum letter No. S-3023/BL/2007 for the initial
perdana atas 300.000.000 lembar saham public offering of 300,000,000 shares with a
dengan nilai nominal Rp100 (nilai penuh) per par value of Rp100 (full amount) per share
saham dengan harga penawaran sebesar and offering price of Rp200 per share. On
Rp200 per saham. Saham-saham Bank telah July 3, 2007, the Bank's shares were listed in
tercatat di Bursa Efek Indonesia pada tanggal the Indonesia Stock Exchange.
3 Juli 2007.
Pada tanggal 24 Juni 2010, Bank mengadakan On June 24, 2010, the Bank held an
Rapat Umum Pemegang Saham Luar Biasa Extraordinary General Shareholders'
untuk mengesahkan rencana Bank untuk Meeting to ratify the plan of the Bank to issue
melaksanakan Penawaran Umum Terbatas I additional 1,014,630,713 shares with a par
dalam rangka penerbitan Hak Memesan Efek value of Rp100 (full amount) per share
Terlebih Dahulu sejumlah 1.014.630.713 through Limited Public Offering I at an
lembar saham yang bernilai nominal Rp100 exercise price of Rp200 (full amount) per
(nilai penuh) per saham dengan harga share. The minutes of the Extraordinary
pelaksanaan sebesar Rp200 (nilai penuh) per Shareholders' Meeting were documented in
saham. Risalah Rapat Umum Pemegang Notarial Deed No. 187 dated June 24, 2010
Saham Luar Biasa ini didokumentasikan dalam of Eliwaty Tjitra, S.H., public notary in
Akta No. 187 tanggal 24 Juni 2010 dari Eliwaty Jakarta.
Tjitra, S.H., notaris di Jakarta.
Penawaran Umum Terbatas I ini telah The Limited Public Offering I took effect upon
mendapat pernyataan efektif dari Ketua receipt from the Chairman of Bapepam-LK of
Bapepam-LK pada tanggal 24 Juni the notice of effectivity in his Decision Letter
2010 melalui Surat Keputusan No. S-5684/BL/ No. S-5684/BL/2010 on June 24, 2010. The
2010. Jumlah dana yang diperoleh dari hasil proceeds from this Limited Public Offering I
Penawaran Umum Terbatas I ini adalah amounted to Rp202,926.
sebesar Rp202.926.
Sesuai dengan Keputusan Rapat Umum Based on the Decision of Extraordinary
Pemegang Saham Luar Biasa yang General Shareholders Meeting held on
diselenggarakan pada tanggal 28 Juni 2012 June 28, 2012 which was notarised under
yang dibuat di hadapan akta Notaris Eliwaty notarial deed No. 171 of Eliwaty Tjitra, S.H.,
Tjitra, S.H., No. 171, Bank telah melakukan the Bank offered Limited Public Offering II
Penawaran Umum Terbatas II dengan hak with Pre-emptive Rights of 525,962,624
Memesan Efek Terlebih Dahulu sejumlah shares at par value of Rp100 (full amount)
525.962.624 lembar saham dengan nilai per share at exercise price of Rp200 (full
nominal Rp100 (nilai penuh) per saham dan amount) per share.
harga pelaksanaan sebesar Rp200 (nilai
penuh) per saham.
12
Page 290
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
1. UMUM (lanjutan) 1. GENERAL (continued)
c. Penawaran umum efek (lanjutan) c. Public offering of the shares (continued)
Dengan Penawaran Umum Terbatas II ini, With this Limited Public Offering II, the
modal saham ditempatkan dan disetor penuh issued and fully paid-up share capital of the
menjadi sebesar Rp428.284 yang terdiri dari Bank became Rp428,284 representing
4.282.838.507 lembar saham. Penawaran 4,282,838,507 shares. The Limited Public
Umum Terbatas II Dengan Hak Memesan Efek Offering II with Pre-emptive Rights became
Terlebih Dahulu tersebut telah memperoleh effective through the chairman of
pernyataan efektif dari ketua Bapepam-LK pada Bapepam-LK’s letter No. S-8057/BL/2012
tanggal 27 Juni 2012 melalui surat dated June 27, 2012.
No. S-8057/BL/2012.
Bank juga menerbitkan Waran Seri I sebanyak The Bank also issued Warrant Series I
525.962.624 lembar dengan nilai nominal amounting to 525,962,624 warrants at par
Rp100 (nilai penuh) per saham dan harga value of Rp100 (full amount) per share at
penawaran sebesar Rp225 (nilai penuh) per offering price of Rp225 (full amount) per
saham, yang seluruhnya berjumlah Rp118.342 share, which in total amounting to
atas setiap saham baru yang diterbitkan Bank Rp118,342 at every new share issued by the
sehubungan dengan Penawaran Umum Bank related to the Limited Public Offering II.
Terbatas II.
Nilai wajar Waran Seri I pada saat waran The fair value of the Warrant Series I when
tersebut diterbitkan adalah sebesar Rp566 issued is Rp566 and presented as part of the
yang disajikan sebagai bagian dari tambahan additional paid-in capital. On July 18, 2013,
modal disetor. Pada tanggal 18 Juli 2013, October 2, 2013 and November 25, 2013,
2 Oktober 2013. dan 25 November 2013, 3 (three) Warrant Series I, 5,000 Warrant
masing-masing sebesar 3 Waran Seri I, 5.000 Series I and 280 Warrant Series I,
Waran Seri I dan 280 Waran Seri I respectively were converted into the Bank’s
dikonversikan menjadi saham Bank yang shares which exercised using an exercise
dilaksanakan dengan harga pelaksanaan price of Rp225 (full amount) per share, par
sebesar Rp225 (nilai penuh) per saham, nilai value of Rp100 (full amount) per share.
nominal Rp100 (nilai penuh) per saham.
Jumlah dana yang diperoleh dari hasil The proceeds from this Limited Public
Penawaran Umum Terbatas ini sebesar Offering amounted to Rp105,192 with the
Rp105.192 dengan biaya emisi sebesar issuance cost amounting to Rp1,242.
Rp1.242.
Sesuai dengan Keputusan Rapat Umum Based on the Decision of Extraordinary
Pemegang Saham Luar Biasa yang General Shareholders’ Meeting held on
diselenggarakan pada tanggal 19 November November 19, 2013 which was notarised
2013 yang diaktakan dengan akta notaris under notarial deed No. 121 of Eliwaty Tjitra,
Eliwaty Tjitra, S.H., No. 121, Bank telah S.H., the Bank offered Limited Public
melakukan Penawaran Umum Terbatas III Offering III with Pre-emptive Rights of
dengan Hak Memesan Efek Terlebih Dahulu 1,627,480,640 shares at par value of Rp100
seluruhnya 1.627.480.640 lembar saham (full amount) per share at offering price of
dengan nilai nominal Rp100 (nilai penuh) per Rp125 (full amount) per share.
saham dan harga penawaran sebesar Rp125
(nilai penuh) per saham.
Dengan Penawaran Umum Terbatas ini, modal With this Limited Public Offering, the issued
saham ditempatkan dan disetor penuh menjadi and fully paid-up share capital of the
sebesar Rp519.032 yang terdiri dari Bank became Rp519,032 representing
5.910.324.430 lembar saham. Penawaran 5,910,324,430 shares. The Limited Public
Umum Terbatas III Dengan Hak Memesan Efek Offering III with Pre-emptive Rights became
Terlebih Dahulu tersebut telah memperoleh effective through the OJK Commissioner
pernyataan efektif dari Dewan Komisioner OJK Board’s letter No. S-368/D.04/2013 dated
pada tanggal 19 November 2013 melalui surat November 19, 2013.
No. S-368/D.04/2013.
13
Page 291
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
1. UMUM (lanjutan) 1. GENERAL (continued)
c. Penawaran umum efek (lanjutan) c. Public offering of the shares (continued)
Bank juga menerbitkan Waran Seri II sebanyak Bank also issued Warrant Series II with total
813.740.320 lembar dengan nilai nominal number of 813,740,320 warrants at par value
Rp100 (nilai penuh) per saham dan harga of Rp100 (full amount) per share at offering
penawaran sebesar Rp190 (nilai penuh) per price of Rp190 (full amount) per share, which
saham, yang seluruhnya berjumlah Rp154.611, in total amounted to Rp154,611, for every
atas setiap saham baru yang diterbitkan Bank new share issued by the Bank related to the
sehubungan dengan Penawaran Umum Limited Public Offering III. The fair value of
Terbatas III. Nilai wajar Waran Seri II pada saat the Warrant Series II when issued amounted
waran tersebut diterbitkan adalah sebesar to Rp1,094 and presented as part of the
Rp1.094 yang disajikan sebagai bagian dari additional paid-in capital.
tambahan modal disetor.
Jumlah dana yang diperoleh dari hasil The proceeds from this Limited Public
Penawaran Umum Terbatas ini sebesar Offering amounted to Rp203,435, with
Rp203.435, dengan biaya emisi sebesar issuance cost of Rp2,027.
Rp2.027.
Sehubungan dengan penerbitan saham baru With this issuance of new shares through
melalui Penawaran Umum Terbatas III, maka Limited Public Offering III, there is an
terdapat penyesuaian jumlah dan harga adjustment of amount and offering price of
konversi Waran Seri I sebagai berikut: Warrant Series I:
i. Jumlah Waran Seri I yang beredar i. Changes in amount of Warrant Series I
mengalami penyesuaian dari 525.962.624 from the amount of 525,962,624 to the
menjadi 592.580.297 lembar. amount of 592,580,297 warrants.
ii. Harga Pelaksanaan Waran Seri I ii. Changes in offering price of Warrant
mengalami penyesuaian dari Rp225 Series I from offering price of Rp225 to
menjadi Rp200 (nilai penuh) per saham. the offering price of Rp200 (full amount)
per share.
Pada tanggal 21 Mei dan 9 Juni 2014, masing- On May 21 and June 9, 2014, 60,000
masing sebesar 60.000 Waran Seri I dan Warrants Series I and 510,000 Warrants
510.000 Waran Seri I dikonversikan menjadi Series I, respectively were converted into the
saham Bank yang dilaksanakan dengan harga Bank’s shares which were exercised using
pelaksanaan sebesar Rp200 (nilai penuh) per an exercise price of Rp200 (full amount) per
saham, atau nilai nominal Rp100 (nilai penuh) share, or par value of Rp100 (full amount)
per saham. per share.
Pada periode 1 Januari hingga 31 Desember In the period between January 1 to
2015, masing-masing 587.404.171 Waran Seri December 31, 2015, 587,404,171 Warrants
I dan 37.987.934 Waran Seri II dikonversikan Series I and 37,987,934 Warrants Series II,
menjadi saham Bank yang dilaksanakan respectively are converted into the Bank’s
dengan harga pelaksanaan masing-masing shares which were exercised using exercise
sebesar Rp200 (nilai penuh) per saham untuk price of Rp200 (full amount) per share for
Waran Seri I dan Rp190 (nilai penuh) per Warrant Series I and Rp190 (full amount) per
saham untuk Waran Seri II. Keduanya share for Warrant Series II. Both warrants
menggunakan nilai nominal Rp100 (nilai penuh were using par value of Rp100 (full amount)
per saham). per share.
14
Page 292
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
1. UMUM (lanjutan) 1. GENERAL (continued)
c. Penawaran umum efek (lanjutan) c. Public offering of the shares (continued)
Pada periode 1 Januari hingga 31 Desember In the period between January 1 to
2016, 11.654.379 Waran Seri II dikonversikan December 31, 2016, 11,654,379 Warrants
menjadi saham Bank yang dilaksanakan Series II, respectively were converted into
dengan harga pelaksanaan sebesar Rp190 the Bank’s shares which were exercised
(nilai penuh) per saham untuk Waran Seri II using exercise price of Rp190 (full amount)
menggunakan nilai nominal Rp100 (nilai per share for Warrant Series II using par
penuh) per saham. value of Rp100 (full amount) per share.
Sesuai dengan Keputusan Rapat Umum Based on the Decision of Extraordinary
Pemegang Saham Luar Biasa yang General Shareholders Meeting held on
diselenggarakan pada tanggal 24 Februari February 24, 2016 which was notarised
2016 dan tertuang dalam Akta Pernyataan under notarial deed No. 69 dated August 25,
Keputusan Rapat PT Bank Windu Kentjana 2016 of Eliwaty Tjitra, S.H., the Bank offered
International Tbk No. 69 tanggal 25 Agustus Limited Public Offering IV with Pre-emptive
2016 yang dibuat di hadapan notaris Eliwaty Rights of 10,083,519,837 shares at par value
Tjitra, S.H., Bank telah melakukan Penawaran of Rp100 (full amount) per share at offering
Umum Terbatas IV dengan Hak Memesan Efek price of Rp100 (full amount) per share.
Terlebih Dahulu seluruhnya 10.083.519.837
lembar saham dengan nilai nominal sebesar
Rp100 (nilai penuh) per saham dan harga
penawaran sebesar Rp100 (nilai penuh) per
saham.
Setiap pemegang saham yang memiliki 100 Every shareholder which holds 100 shares,
lembar saham, yang namanya tercatat dalam whose name was recorded in List of Bank’s
Daftar Pemegang Saham Bank mempunyai Shareholders that has Pre-emptive Right of
154 Hak Memesan Efek Terlebih Dahulu 154 shares in which 1 Pre-emptive Right
(HMETD), dimana setiap 1 (satu) HMETD enables the holder to buy 1 newly issued
memberikan hak kepada pemegangnya untuk ordinary share, has to pay fully on
membeli sebanyak 1 (satu) lembar saham reservation of Pre-emptive Right at the same
biasa yang baru diterbitkan, harus membayar price with exercise price amounting to Rp100
penuh pada saat mengajukan pemesanan (full amount) for every ordinary share.
pelaksanaan HMETD pada harga yang sama
dengan harga pelaksanaan sebesar Rp100
(nilai penuh) setiap saham.
Sehubungan dengan Penawaran Umum Related to Limited Public Offering IV, the
Terbatas IV ini, telah ditandatangani perjanjian Sale Purchase Agreement has been signed
jual beli (SPA) dimana Johnny Wiraatmadja in which Johnny Wiraatmadja as the Bank’s
sebagai pemegang saham pengendali Bank majority shareholder will hand over his Pre-
akan menyerahkan HMETD yang menjadi emptive Right in Limited Public Offering IV to
haknya dalam Penawaran Umum Terbatas IV China Construction Bank (CCB) to
ini kepada China Construction Bank (CCB) eventually be converted by CCB as newly
untuk kemudian HMETD akan dilaksanakan issued shares. CCB will then own not less
oleh CCB untuk menjadi saham baru Bank. than 51% of the Bank’s authorised and
Selanjutnya, CCB akan memiliki saham Bank issued shares after Limited Public Offering IV
tidak kurang dari 51% dari jumlah seluruh has been held.
saham yang ditempatkan dan disetor penuh
setelah Penawaran Umum Terbatas IV
dilaksanakan.
15
Page 293
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
1. UMUM (lanjutan) 1. GENERAL (continued)
c. Penawaran umum efek (lanjutan) c. Public offering of the shares (continued)
Dengan Penawaran Umum Terbatas ini, modal With this Limited Public Offering, the issued
saham ditempatkan dan disetor penuh menjadi and fully paid-up share capital of the Bank
sebesar Rp1.663.126 yang terdiri dari became Rp1,663,126 representing
16.631.260.145 lembar saham. Penawaran 16,631,260,145 shares. The Limited Public
Umum Terbatas IV Dengan Hak Memesan Efek Offering IV with Pre-emptive Rights became
Terlebih Dahulu tersebut telah memperoleh effective through the OJK Commissioner
pernyataan efektif dari Dewan Komisioner OJK Board’s letter No. S-311/D.04/2016 dated
pada tanggal 22 Juni 2016 melalui surat June 22, 2016.
No. S-311/D.04/2016.
Jumlah dana yang diperoleh dari hasil The proceeds from this Limited Public
Penawaran Umum Terbatas ini sebesar Offering amounted to Rp1,663,126, with
Rp1.663.126 dengan biaya emisi sebesar issuance cost of Rp42,351.
Rp42.351.
Pada periode 1 Januari hingga 31 Desember In the period between January 1 to
2016, 11.654.379 Waran Seri II dikonversikan December 31, 2016, 11,654,379 Warrants
menjadi saham Bank yang dilaksanakan Series II were converted into the Bank’s
dengan harga pelaksanaan sebesar Rp190 shares which were exercised using exercise
(nilai penuh) per saham untuk Waran Seri II price of Rp190 (full amount) per share for
menggunakan nilai nominal sebesar Rp100 Warrant Series II using par value of Rp100
(nilai penuh) per saham. (full amount) per share.
Pada tanggal 11 Oktober 2019, Bank telah On October 11, 2019, the Bank has obtained
memperoleh persetujuan pemegang saham the approval of the Bank's shareholders for
Bank atas rencana Penawaran Umum Terbatas the Limited Public Offering V plan as
V sebagaimana ternyata dalam Akta Berita evidenced in the Deed of Minutes of
Acara Rapat Umum Pemegang Saham Luar Extraordinary General Meeting of
Biasa no.35 tanggal 11 Oktober 2019 yang Shareholders no.35 dated October 11, 2019
telah dilaporkan kepada OJK sebagaimana which has been reported to OJK as
dibuktikan berdasarkan tanda terima OJK evidenced by OJK's receipt No.081322
No.081322 tertanggal 18 Oktober 2019 dibuat dated October 18, 2019 made before
di hadapan Eliwaty Tjitra S.H, Notaris di Jakarta Eliwaty Tjitra SH, Notary in Jakarta where at
di mana pada poin b para pemegang saham point b the shareholders of the Bank decided
Bank memutuskan untuk menyetujui rencana to approve the Bank's plan to conduct a
Bank untuk melakukan Penawaran Umum Limited Public Offering by issuing a
Terbatas dengan mengeluarkan sebanyak- maximum of 32,000,000,000 (thirty two
banyaknya 32.000.000.000 (tiga puluh dua billion) new shares to the shareholders of the
miliar) saham baru kepada para pemegang Bank by issuing Pre-emptive Rights
saham Bank dengan menerbitkan Hak (HMETD).
Memesan Efek Terlebih Dahulu (HMETD).
Sehubungan dengan Penawaran Umum In connection with this Limited Public
Terbatas V ini, Bank menawarkan sebanyak Offering V, the Bank offers 21,288,269,763
21.288.269.763 (dua puluh satu miliar dua ratus (twenty-one billion two hundred and eighty-
delapan puluh delapan juta dua ratus enam eight million two hundred and sixty-nine
puluh sembilan ribu tujuh ratus enam puluh tiga) thousand seven hundred and sixty-three)
Saham Baru atas nama dengan nilai nominal New Shares on behalf of a par value of
Rp100 (seratus Rupiah) setiap saham yang Rp100 (one hundred Rupiah) per share
merupakan 56,14% dari jumlah saham Bank which represents 56.14% of the total shares
yang telah beredar setelah PUT V.
of the Bank that have been outstanding after
Limited Public Offering V.
16
Page 294
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
1. UMUM (lanjutan) 1. GENERAL (continued)
c. Penawaran umum efek (lanjutan) c. Public offering of the shares (continued)
Setiap pemegang 100 (seratus) Saham Lama Each holder of 100 (one hundred) Old Bank
Bank berhak atas 128 (seratus dua puluh Shares is entitled to 128 (one hundred and
delapan) HMETD dimana 1 (satu) HMETD twenty eight) Pre-emptive Rights in which 1
berhak untuk membeli 1 (satu) Saham Baru (one) HMETD is entitled to purchase 1 (one)
dengan Harga Pelaksanaan sebesar Rp150 New Share at an Exercise Price of Rp150
(seratus lima puluh Rupiah) per saham. (one hundred and fifty Rupiah) per share.
Dengan Penawaran Umum Terbatas ini, modal With this Limited Public Offering, the issued
saham ditempatkan dan disetor penuh menjadi and fully paid-up share capital amounted to
sebesar Rp3.791.973 yang terdiri dari Rp3,791,973 consisting of 37,919,730,514
37.919.730.514 lembar saham. Penawaran shares. Limited Public Offering V with Pre-
Umum Terbatas V dengan Hak Memesan Efek emptive Rights has obtained an effective
Terlebih Dahulu tersebut telah memperoleh statement from the OJK Board of
pernyataan efektif dari Dewan Komisioner OJK Commissioners on June 16, 2020 through
pada tanggal 16 Juni 2020 melalui surat letter No. S-162/D.04/2020.
No. S-162/D.04/2020.
China Construction Bank Corporation (CCB China Construction Bank Corporation (CCB
Corp.) adalah Pemegang Saham Utama Bank. Corp) is the Bank's Main Shareholder. At the
Pada saat Penawaran Umum Terbatas V time PUT V was implemented, CCB Corp.
dilaksanakan, CCB Corp. memiliki owned 9,978,756,012 (nine billion nine
9.978.756.012 (sembilan miliar sembilan ratus hundred and seventy-eight million seven
tujuh puluh delapan juta tujuh ratus lima puluh hundred and fifty-six thousand twelve)
enam ribu dua belas) saham dalam Bank. CCB shares in the Bank. CCB Corp. has
Corp. telah melaksanakan seluruh haknya exercised all of its rights in accordance with
sesuai dengan porsi kepemilikan sahamnya its shareholding in the Bank.
dalam Bank.
Jumlah dana yang diperoleh dari hasil The amount of funds obtained from the
Penawaran Umum Terbatas ini sebesar Limited Public Offering amounted to
Rp3.193.240 dengan biaya emisi sebesar Rp3,193,240 with an emission fee of
Rp35.383. Hasil emisi Penawaran Umum Rp35,383. Limited Public Offering V
Terbatas V mencapai 100% (seratus persen) emissions reached 100% (one hundred
dari target dana yang direncanakan. percent) of the planned fund target.
Setelah pelaksanaan Penawaran Umum After the implementation of Limited Public
Terbatas V, jumlah saham yang telah Offering V, the number of fully issued and
ditempatkan dan disetor penuh Bank adalah paid-up shares is 37,919,730,514 (thirty-
sebanyak 37.919.730.514 (tiga puluh tujuh seven billion nine hundred and nineteen
miliar sembilan ratus sembilan belas juta tujuh million seven hundred and thirty thousand
ratus tiga puluh ribu lima ratus empat belas) five hundred and fourteen) shares, which
saham, telah dicatatkan pada Bursa Efek were listed on the Indonesia Stock
Indonesia. Exchange.
Pada tanggal 31 Desember 2024 dan 2023, As of December 31, 2024 and 2023, the
masing-masing total saham yang telah Bank’s fully issued and paid-up shares is
ditempatkan dan disetor penuh Bank adalah 37,919,730,514 and 37,919,730,514,
sebanyak 37.919.730.514 dan 37.919.730.514 respectively, which were listed on the
lembar saham, telah dicatatkan pada Bursa Indonesia Stock Exchange (Note 27).
Efek Indonesia (Catatan 27).
17
Page 295
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
1. UMUM (lanjutan) 1. GENERAL (continued)
d. Dewan Komisaris, Direksi, dan karyawan d. The Board of Commissioners, the Board
of Directors, and employees
Susunan Dewan Komisaris dan Direksi Bank The composition of the Bank’s Board of
pada tanggal 31 Desember 2024 dan 2023 Commissioners and the board of Directors as
adalah sebagai berikut: of December 31, 2024 and 2023 are as
follows:
31 Desember/December 31
2024 2023
Dewan Komisaris Board of Commissioners
Komisaris Utama - Sun Jianzheng* President Commissioner
Komisaris Guo Meijun Qi Jiangong** Commissioner
Komisaris Independen Mohamad Hasan Mohamad Hasan Independent Commissioner
Komisaris Independen Yudo Sutanto, Nyoo Yudo Sutanto, Nyoo Independent Commissioner
Direksi Board of Directors
Direktur Utama Jiang Yongdong You Wennan*** President Director
Direktur Corporate and Corporate and International
International Banking Zhu Yong Zhu Yong Banking Director
Direktur Keuangan - Chandra N.T. Siagian**** Finance Director
Direktur Operasional Junianto Junianto Operational Director
Direktur Commercial and Commercial and Retail
Retail Banking Setiawati Samahita Setiawati Samahita Banking Director
Direktur Kepatuhan Agresius R. Kadiaman Agresius R. Kadiaman Compliance Director
* Sun Jianzheng telah mengundurkan diri dari jabatan Komisaris Utama efektif tanggal 7 Juni 2024./ Sun Jianzheng has resigned from the
position of President Commissioner, effective as of June 7, 2024.
** Qi Jiangong telah mengundurkan diri dari jabatan Komisaris efektif tanggal 20 Desember 2024 dan digantikan oleh Guo Meijun efektif
tanggal 2 Desember 2024./ Qi Jiangong has resigned from the position of Commissioner, effective as of December 20,2024, and has been
replaced by Guo Meijun, effective as of December 2,2024.
*** You Wennan telah mengundurkan diri efektif tanggal 20 Desember 2024 dan digantikan oleh Jiang Yongdong melalui Rapat Umum
Pemegang Saham Luar Biasa (RUPSLB) tanggal 20 Desember 2024. Saat ini Jiang Yongdong masih menunggu persetujuan dari instansi
yang berwenang./ You Wennan has resigned, effective as of December 20,2024, and was replaced by Jiang Yongdong through the
Extraordinary General Meeting of Shareholders (EGMS) on December 20, 2024. Jiang Yongdong is currently waiting for approval from the
competent authority.
**** Chandra N.T. Siagian telah meninggal dunia pada tanggal 2 Mei 2024./Chandra N.T. Siagian passed away on May 2, 2024.
Pada tanggal 31 Desember 2024 dan 2023, As of December 31, 2024 and 2023, the total
jumlah karyawan Bank (termasuk karyawan number of the Bank’s employees (including
kontrak) masing-masing sebanyak 1.131 dan contract employees) are 1,131 and 1,183
1.183 orang (tidak diaudit). employees, respectively (unaudited).
e. Komite Audit e. Audit Committee
Pada tanggal 31 Desember 2024 dan 2023, As of December 31, 2024 and 2023, the
susunan Komite Audit adalah sebagai berikut: composition of the Audit Committee are as
follows:
31 Desember/December 31
2024 2023
Ketua Mohamad Hasan Mohamad Hasan Chairman
Anggota Mohamad Hassan Mohamad Hassan Member
Anggota Mohammad Sumarsono* - Member
* Mohammad Sumarsono digantikan oleh Oen Indra Widjaja efektif tanggal 22 Januari 2025./ Mohammad Sumarsono was replaced by Oen
Indra Widjaja, effective January 22, 2025.
Pembentukan Komite Audit Bank telah sesuai The establishment of the Bank’s Audit
dengan Peraturan Otoritas Jasa Keuangan Committee is in compliance Regulation of
(“POJK”) No. 55/POJK.04/2015. Financial Services Authority (“POJK”)
No. 55/POJK.04/2015.
18
Page 296
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
1. UMUM (lanjutan) 1. GENERAL (continued)
f. Sekretaris Perusahaan f. Corporate Secretary
Sekretaris Perusahaan Bank pada tanggal The Bank’s Corporate Secretary as of
31 Desember 2024 adalah Thomas Widianto December 31, 2024 is Thomas Widianto
menggantikan yang sebelumnya menjabat replaces the previous incumbent, Andreas
yaitu, Andreas Herman Basuki efektif tanggal Herman Basuki effective as of
13 November 2024 berdasarkan Keputusan November 13, 2024 based on Board of
Direksi No. 103/CCBI/XI/2024 tanggal Directors' Decree No. 103/CCBI/XI/2024
1 November 2024. dated November 1, 2024.
g. Satuan Kerja Audit Internal g. Internal Audit
31 Desember/December 31
2024 2023
Kepala Satuan Kerja Audit
Internal Rita Fitria Rita Fitria Head of Internal Audit
h. Komite Pemantau Risiko h. Risk Monitoring Committee
Pada tanggal 31 Desember 2024 dan 2023, As of December 31, 2024 and 2023, the
susunan Komite Pemantau Risiko adalah composition of the Risk Monitoring
sebagai berikut: Committee are as follows:
31 Desember/December 31
2024 2023
Ketua Yudo Sutanto, Nyoo Yudo Sutanto, Nyoo Chairman
Anggota Mohammad Sumarsono* Mohamad Hassan Member
Anggota Mulyadi Mohammad Sumarsono Member
* Mohammad Sumarsono digantikan oleh Oen Indra Widjaja efektif tanggal 22 Januari 2025./ Mohammad Sumarsono was replaced by Oen
Indra Widjaja, effective January 22, 2025.
i. Komite Remunerasi dan Nominasi i. Remuneration and Nomination
Committee
Pada tanggal 31 Desember 2024 dan 2023, As of December 31, 2024 and 2023, the
susunan Komite Remunerasi dan Nominasi composition of the Remuneration and
adalah sebagai berikut: Nomination Committee are as follows:
31 Desember/December 31
2024 2023
Ketua Mohamad Hasan Mohamad Hasan Chairman
Anggota - Qi Jiangong Member
Anggota Irwan Ignatius Bonto Irwan Ignatius Bonto Member
19
Page 297
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL POLICIES
Kebijakan akuntansi material yang diterapkan The material accounting policies applied
secara konsisten untuk tahun yang berakhir pada consistently in preparing the financial statements
tanggal 31 Desember 2024 dan 2023 dalam of the Bank for the year ended December 31,
penyusunan laporan keuangan Bank adalah 2024 and 2023 are as follows:
sebagai berikut:
a. Dasar penyusunan laporan keuangan a. Basis of preparation of the financial
statements
Laporan keuangan telah disusun dan disajikan The financial statements have been
sesuai dengan Standar Akuntansi Keuangan di prepared and presented in accordance with
Indonesia. yang mencakup Pernyataan dan the Indonesian Financial Accounting
Interpretasi yang dikeluarkan oleh Dewan Standards including Statements and
Standar Akuntansi Keuangan Ikatan Akuntan Interpretations issued by the Board of
Indonesia (“DSAK-IAI”) dan peraturan Financial Accounting Standards of the
Bapepam-LK No. VIII.G.7, Lampiran Keputusan Indonesian Institute of Accountants
Ketua Bapepam-LK No. KEP-347/BL/2012 (“DSAK-IAI”) and Bapepam-LK’s regulation
tanggal 25 Juni 2012 tentang “Penyajian dan No. VIII G.7, Appendix of the Decision of the
Pengungkapan Laporan Keuangan Emiten atau Chairman of Bapepam-LK No. KEP-
Perusahaan Publik”. 347/BL/2012 dated June 25, 2012 regarding
“Guidelines on Financial Statements
Presentations and Disclosures for Issuers or
Public Companies”.
Laporan keuangan disusun berdasarkan basis The financial statements have been prepared
akrual dengan menggunakan konsep nilai on accrual basis under the historical cost
historis, kecuali untuk revaluasi aset tetap dan convention, except for the revaluation of fixed
jika standar akuntansi mensyaratkan assets and where accounting standards
pengukuran nilai wajar. require fair value measurement.
Laporan arus kas disusun dengan The statements of cash flows are prepared
menggunakan metode langsung yang based on the modified direct method by
dimodifikasi dengan mengelompokkan arus kas classifying cash flows on the basis of
ke dalam aktivitas operasi, investasi dan operating, investing and financing activities.
pendanaan.
Untuk tujuan penyajian laporan arus kas, kas For the purpose of presentation of the
dan setara kas meliputi kas, giro pada Bank statements of cash flows, cash and cash
Indonesia, giro pada bank lain, penempatan equivalents consist of cash, current accounts
pada Bank Indonesia dan bank lain yang jatuh with Bank Indonesia, current accounts with
tempo dalam waktu tiga bulan sejak tanggal other banks, placements with Bank Indonesia
perolehan, sepanjang tidak digunakan sebagai and other banks that mature within three
jaminan serta tidak dibatasi penggunaannya. months from the date of acquisition, as long
as they are neither being pledged as
collateral nor restricted.
Bank telah menetapkan mata uang fungsional The Bank has determined that its functional
dan penyajian adalah mata uang Rupiah. and presentation currency is Rupiah. Figures
Seluruh angka dalam laporan keuangan ini in the financial statements are rounded to and
dibulatkan menjadi dan dinyatakan dalam stated in millions of Rupiah, unless otherwise
jutaan Rupiah, kecuali dinyatakan lain. specified.
20
Page 298
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
a. Dasar penyusunan laporan keuangan a. Basis of preparation of the financial
(lanjutan) statements (continued)
Penyusunan laporan keuangan sesuai dengan The preparation of financial statements in
Standar Akuntansi Keuangan di Indonesia conformity with Indonesian Financial
mengharuskan penggunaan estimasi dan Accounting Standards requires the use of
asumsi. Hal tersebut juga mengharuskan certain critical accounting estimates and
manajemen untuk membuat pertimbangan assumptions. It also requires management to
dalam proses penerapan kebijakan akuntansi exercise its judgment in the process of
Bank. Area yang kompleks atau memerlukan applying the Bank’s accounting policies. The
tingkat pertimbangan yang lebih tinggi, atau areas involving a higher degree of judgment
area di mana asumsi dan estimasi dapat or complexity, or areas where assumptions
berdampak material terhadap laporan and estimates are material to the financial
keuangan diungkapkan di Catatan 3, kecuali statements are disclosed in Note 3, except as
dinyatakan dibawah ini. Kebijakan akuntansi described below. The accounting policies
telah diterapkan secara konsisten pada laporan applied are consistent with the annual
keuangan tahunan untuk tahun yang berakhir financial statements for the years ended
pada tanggal 31 Desember 2024 dan 2023, December 31, 2024 and 2023, which confirm
sesuai dengan Pernyataan Standar Akuntansi to the Statements of Financial Accounting
Keuangan di Indonesia (PSAK). Standards (SFAS).
b. Perubahan pada pernyataan standar b. Changes to the statements of financial
akuntansi keuangan dan interpretasi accounting standards and interpretations
pernyataan standar akuntansi keuangan of statement of financial accounting
standards
Penerapan dari standar dan interpretasi baru The adoption of these new and revised
berikut sejak 1 Januari 2024, tidak standards and interpretation since
menimbulkan perubahan substansial terhadap January 1, 2024 did not result in substansial
kebijakan akuntansi Bank dan tidak berdampak changes to Bank’s accounting policies and
material terhadap jumlah yang dilaporkan pada had no material effect on the amounts
periode berjalan atau tahun sebelumnya: reported for the current or prior financial
period/years:
Pilar Standar Akuntansi Keuangan Financial Accounting Standards Pillars
Standar ini memberikan persyaratan dan These standards provide requirements
pedoman bagi entitas untuk menerapkan and guidelines for entities to apply the
standar akuntansi keuangan yang benar correct financial accounting standards in
dalam menyusun laporan keuangan preparing general purpose financial
bertujuan umum. Akan ada 4 (empat) statements. There will be 4 (four)
standar akuntansi keuangan yang saat ini financial accounting standards that are
diterapkan di Indonesia, yaitu: currently applied in Indonesia, namely:
- Pilar 1 Standar Akuntansi - Pillar 1 International Financial
Keuangan Internasional, Accounting Standards,
- Pilar 2 Standar Akuntansi - Pillar 2 Indonesian Financial
Keuangan Indonesia (PSAK), Accounting Standards (SFAS),
- Pilar 3 Standar Akuntansi - Pillar 3 Indonesian Financial
Keuangan Indonesia untuk Entitas Accounting Standards for
Swasta/Standar Akuntansi Private Entities/Indonesian
Keuangan Indonesia untuk Entitas Financial AccountingStandards
Tanpa Akuntabilitas Publik, dan for Entities without Public
- Pilar 4 Standar Akuntansi Accountability, and
Keuangan Indonesia untuk Entitas - Pillar 4 Indonesian Financial
Mikro Kecil dan Menengah. Accounting Standards for Micro
Small and Medium Entities
21
Page 299
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
b. Perubahan pada pernyataan standar b. Changes to the statements of financial
akuntansi keuangan dan interpretasi accounting standards and interpretations
pernyataan standar akuntansi keuangan of statement of financial accounting
(lanjutan) standards (continued)
Penerapan dari standar dan interpretasi baru The adoption of these new and revised
berikut sejak 1 Januari 2024, tidak standards and interpretation since
menimbulkan perubahan substansial terhadap January 1, 2024 did not result in substansial
kebijakan akuntansi Bank dan tidak berdampak changes to Bank’s accounting policies and
material terhadap jumlah yang dilaporkan pada had no material effect on the amounts
periode berjalan atau tahun sebelumnya: reported for the current or prior financial
(lanjutan) period/years: (continued)
Nomenklatur Standar Akuntansi Keuangan Financial Accounting Standards
Nomenclature
Standar ini mengatur penomoran baru This standard regulates the new
untuk standar akuntansi keuangan yang numbering for financial accounting
berlaku di Indonesia yang diterbitkan oleh standards applicable in Indonesia issued
DSAK IAI. by DSAK IAI.
Amandemen PSAK No. 207, “Laporan Amendments to PSAK No. 207, “Cash
Arus Kas” dan Amandemen PSAK No. 60 Flow Statement” and Amendment to
“Instrumen Keuangan: Pengungkapan PSAK No. 60 “Financial Instruments:
tentang Pengaturan Pembiayaan Disclosures about Supplier Financing
Pemasok”. Penerapan lebih dini Arrangements”. Early application is
diperkenankan permitted.
Amandemen PSAK No. 116, ”Sewa” Amendments of SFAS No 116, “Lease”
tentang liabilitas sewa pada transaksi jual regarding lease liabilities in sale-and-
dan sewa balik lease back transactions
c. Kombinasi bisnis c. Business combination
Metode akuisisi Acquisition method
Bank menerapkan metode akuisisi untuk The Bank applies the acquisition method to
mencatat kombinasi bisnis. Imbalan yang account for business combinations. The
dialihkan untuk akuisisi suatu entitas anak consideration transferred for the acquisition
adalah sebesar nilai wajar aset yang dialihkan, of a subsidiary is the fair value of the assets
liabilitas yang diakui terhadap pemilik pihak transferred, the liabilities incurred to the
yang diakusisi sebelumnya, dan kepentingan former owners of the acquiree, and the
ekuitas yang diterbitkan oleh Bank. Imbalan equity interests issued by the Bank. The
yang dialihkan termasuk nilai wajar aset atau consideration transferred includes the fair
liabilitas yang timbul dari kesepakatan imbalan value of any asset or liability resulting from a
kontinjensi. Aset teridentifikasi yang diperoleh contingent consideration arrangement.
dan liabilitas serta liabilitas kontinjensi yang Identifiable assets acquired and liabilities
diambil alih dalam suatu kombinasi bisnis and contingent liabilities assumed in a
diukur pada awalnya sebesar nilai wajar pada business combination are measured initially
tanggal akuisisi. at their fair values at the acquisition date.
22
Page 300
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
c. Kombinasi bisnis (lanjutan) c. Business combination (continued)
Imbalan kontinjensi yang dialihkan oleh pihak Any contingent consideration to be
pengakuisisi diakui pada nilai wajar tanggal transferred by the acquirer will be recognised
akuisisi. Perubahan nilai wajar atas imbalan at fair value at the acquisition date.
kontinjensi setelah tanggal akuisisi yang Subsequent changes to the fair value of the
diklasifikasikan sebagai aset atau liabilitas contingent consideration which is deemed to
akan diakui sebagai laba rugi sesuai dengan be an asset or liability will be recognised in
PSAK 239. Jika diklasifikasikan sebagai accordance with SFAS 239 either in profit or
ekuitas, imbalan kontinjensi tidak diukur loss. If the contingent consideration is
kembali dan penyelesaian selanjutnya classified as equity, it should not be
diperhitungkan dalam ekuitas. remeasured until it is finally settled within
equity.
Pada tanggal akuisisi, goodwill awalnya diukur At acquisition date, goodwill is initially
pada harga perolehan yang merupakan selisih measured at cost being the excess of the
lebih nilai agregat dari imbalan yang dialihkan aggregate of the consideration transferred
dan total setiap Kepentingan Non-pengendali and the amount recognised for Non-
(KNP) atas selisih total dari aset teridentifikasi controlling Interest (NCI) over the net
yang diperoleh dan liabilitas yang diambil alih. identifiable assets acquired and liabilities
Jika imbalan tersebut kurang dari nilai wajar assumed. If this consideration is lower than
aset neto entitas anak yang diakuisisi, selisih the fair value of the net assets of the
tersebut diakui sebagai laba rugi. subsidiary acquired, the difference is
recognised in profit or loss.
Peninjauan atas penurunan nilai pada goodwill Goodwill impairment reviews are undertaken
dilakukan setahun sekali atau dapat lebih annually or more frequently if events or
sering apabila terdapat peristiwa atau changes in circumstances indicate a potential
perubahan keadaan yang mengindikasikan impairment. Goodwill is carried at cost less
adanya potensi penurunan nilai. Goodwill impairment losses.
dinyatakan sebesar nilai perolehan dikurangi
kerugian penurunan nilai.
Untuk pengujian penurunan nilai, goodwill yang For the purpose of impairment testing,
diperoleh dalam kombinasi bisnis dialokasikan goodwill acquired in a business combination
pada setiap unit penghasil kas atau kelompok is allocated to each of the cash-generating
unit penghasil kas, yang diharapkan dapat units (“CGU”) or groups of CGUs, that is
memberikan manfaat dari sinergi kombinasi expected to benefit from the synergies of the
bisnis tersebut. Setiap unit atau kelompok unit combination. Each unit or group of units to
yang memperoleh alokasi goodwill merupakan which the goodwill is allocated represents the
tingkat terendah dalam entitas yang goodwill- lowest level within the entity at which the
nya dipantau untuk tujuan manajemen internal. goodwill is monitored for internal
Goodwill dipantau pada level segmen operasi. management purposes. Goodwill is
monitored at the operating segment level.
23
Page 301
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
c. Kombinasi bisnis (lanjutan) c. Business combination (continued)
Metode penyatuan kepemilikan Pooling of interest method
Transaksi integrasi usaha dan operasi antara Business integration transaction and
PT Bank Windu Kentjana International Tbk dan operation between PT Bank Windu Kentjana
PT Bank Antardaerah (Catatan 1b) merupakan International Tbk and PT Bank Antardaerah
transaksi kombinasi bisnis entitas (Note 1b) is a business combination under
sepengendali. Transaksi kombinasi bisnis common control transaction. Business
antar entitas sepengendali berupa pengalihan combination transaction between entities
bisnis termasuk aset maupun liabilitas terkait under common control in form of business
dalam rangka reorganisasi entitas-entitas yang transfer including the related assets and
berada dalam suatu kelompok yang sama liabilities in the event of reorganisation of
bukan merupakan perubahan kepemilikan entities under the same group does not
dalam arti substansi ekonomi. Berdasarkan consitute change in ownership by economic
PSAK 338 “Kombinasi Bisnis Entitas substance definition. According to SFAS 338
Sepengendali”, transaksi tersebut diakui pada “Business Combination of Entities Under
jumlah tercatat berdasarkan metode Common Control”, such transaction is
penyatuan kepemilikan. recognised at carrying value under pooling of
interest method.
d. Aset dan liabilitas keuangan d. Financial assets and liabilities
Bank menerapkan PSAK 109 “Instrumen The Bank has applied SFAS 109 “Financial
Keuangan”, PSAK 107 “Instrumen Keuangan: Instrumens” SFAS 107, “Financial
Pengungkapan”, dan PSAK 113, “Pengukuran Instruments: Disclosures”, and SFAS 113,
Nilai Wajar”. “Fair Value Measurement”.
(i) Klasifikasi (i) Classification
Aset keuangan Bank terdiri dari kas, giro The Bank’s financial assets consist of
pada Bank Indonesia, giro pada bank lain, cash, current accounts with Bank
penempatan pada Bank Indonesia dan Indonesia, current accounts with other
bank lain. Efek-efek terdiri dari efek-efek banks, placements with Bank Indonesia
yang dibeli dengan janji dijual kembali and other banks, marketable securities,
(reverse repo), tagihan derivatif, kredit securities purchased under agreements
yang diberikan, efek-efek yang dijual to resale (reverse repo), derivative
dengan janji dibeli kembali, pendapatan receivables, loans, securities sold under
bunga yang masih akan diterima, dan aset repurchase agreements, interest
lain-lain. receivables and other assets.
Liabilitas keuangan Bank terdiri dari The Bank’s financial liabilities consist of
liabilitas segera, simpanan dari nasabah, obligation due immediately, deposits
simpanan dari bank lain, liabilitas atas from customers, deposits from other
efek-efek yang dijual dengan janji dibeli banks, liabilities on securities sold under
kembali, liabilitas derivatif, liabilitas agreements to repurchase, derivative
akseptasi, bunga yang masih harus payables, acceptance payables, interest
dibayar, surat berharga subordinasi dan payables, subordinated securities and
liabilitas lain-lain. other liabilities.
Bank mengklasifikasikan aset The Bank classifies its financial assets
keuangannya berdasarkan kategori according to the following categories at
sebagai berikut pada saat pengakuan initial recognition:
awal:
- Aset keuangan yang diukur pada nilai - Financial assets measured at fair
wajar melalui laba rugi; value through profit or loss;
- Aset keuangan yang diukur pada nilai - Financial assets that are measured
wajar melalui penghasilan at fair value through other
komprehensif lain; comprehensive income;
- Aset keuangan yang diukur pada biaya - Financial assets measured at
perolehan diamortisasi. amortised cost.
24
Page 302
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
d. Aset dan liabilitas keuangan (lanjutan) d. Financial assets and liabilities
(continued)
(i) Klasifikasi (lanjutan) (i) Classification (continued)
Aset keuangan diukur pada biaya Financial assets are measured at
perolehan diamortisasi jika memenuhi amortized cost if they meet the following
kondisi sebagai berikut: conditions:
- Aset keuangan dikelola dalam model - Financial assets are managed in a
bisnis yang bertujuan untuk memiliki business model that aims to have
aset keuangan dalam rangka financial assets in order to obtain
mendapatkan arus kas kontraktual contractual cash flow (“hold to
(“hold to collect”); dan collect”); and
- Persyaratan kontraktual dari aset - The contractual terms of the
keuangan tersebut memberikan hak financial assets provide rights on a
pada tanggal tertentu atas arus kas certain date for cash flow obtained
yang diperoleh semata dari solely from payment of principal and
pembayaran pokok dan bunga (SPPI) interest (SPPI) on the principal
dari jumlah pokok terutang. amount owed.
Aset keuangan diukur pada nilai wajar Financial assets are measured at fair
melalui penghasilan komprehensif lain jika value through other comprehensive
memenuhi kondisi sebagai berikut: income if they meet the following
conditions:
- Aset keuangan dikelola dalam model - Financial assets are managed in a
bisnis yang bertujuan untuk business model that aims to obtain
mendapatkan arus kas kontraktual dan contractual cash flow and sell
menjual aset keuangan (“hold to collect financial assets (“hold to collect and
and sell”); dan sell”); and
- Persyaratan kontraktual dari aset - The contractual requirements of the
keuangan tersebut memenuhi kriteria financial assets meet the SPPI
SPPI. criteria.
Pada saat pengakuan awal, Bank dapat At initial recognition, the Bank may make
membuat pilihan yang tidak dapat an irrevocable choice to present equity
dibatalkan untuk menyajikan instrumen instruments that are not held for trading
ekuitas yang bukan dimiliki untuk at fair value through other
diperdagangkan pada nilai wajar melalui comprehensive income.
penghasilan komprehensif lain.
25
Page 303
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
d. Aset dan liabilitas keuangan (lanjutan) d. Financial assets and liabilities
(continued)
(i) Klasifikasi (lanjutan) (i) Classification (continued)
Aset keuangan lainnya yang tidak Other financial assets that do not meet
memenuhi persyaratan untuk the requirements to be classified as
diklasifikasikan sebagai aset keuangan financial assets measured at amortized
diukur pada biaya perolehan diamortisasi cost or fair value through other
atau nilai wajar melalui penghasilan comprehensive income are classified as
komprehensif lain diklasifikasikan sebagai measured at fair value through profit or
diukur pada nilai wajar melalui laba rugi. loss.
Saat pengakuan awal Bank dapat At initial recognition, the Bank can make
membuat penetapan yang tidak dapat an irrevocable determination to measure
dibatalkan untuk mengukur aset yang assets that meet the requirements to be
memenuhi persyaratan untuk diukur pada measured at amortized cost or fair value
biaya perolehan diamortisasi atau nilai through other comprehensive income at
wajar melalui penghasilan komprehensif fair value through profit or loss, if the
lain pada nilai wajar melalui laba rugi, determination eliminates or materially
apabila penetapan tersebut mengeliminasi reduces the measurement or
atau secara material mengurangi recognition inconsistencies (sometimes
inkonsistensi pengukuran atau pengakuan referred to as "accounting mismatch").
(kadang disebut sebagai “accounting
mismatch”).
Penilaian model bisnis Business models evaluation
Model bisnis ditentukan pada level yang The business model is determined at a
mencerminkan bagaimana kelompok aset level that reflects how groups of financial
keuangan dikelola bersama-sama untuk assets are managed together to achieve
mencapai tujuan bisnis tertentu. certain business objectives.
Penilaian model bisnis dilakukan dengan The evaluation of the business model is
mempertimbangkan, tetapi tidak terbatas carried out by considering, but not
pada hal-hal berikut: limited to the following:
- Bagaimana kinerja dari model bisnis - How the performance of the business
dan aset keuangan yang dimiliki dalam model and financial assets held in the
model bisnis dievaluasi dan dilaporkan business model are evaluated and
kepada personil manajemen kunci reported to the Bank's key
Bank; management personnel;
26
Page 304
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
d. Aset dan liabilitas keuangan (lanjutan) d. Financial assets and liabilities
(continued)
(i) Klasifikasi (lanjutan) (i) Classification (continued)
Penilaian model bisnis (lanjutan) Business models evaluation
(continued)
Penilaian model bisnis dilakukan dengan The evaluation of the business model is
mempertimbangkan, tetapi tidak terbatas carried out by considering, but not
pada hal-hal berikut: (lanjutan) limited to the following: (continued)
- Apakah risiko yang memengaruhi - What risks affect the performance of
kinerja dari model bisnis (termasuk aset the business model (including
keuangan yang dimiliki dalam model financial assets held in the business
bisnis) dan khususnya bagaimana cara model) and specifically how the
aset keuangan tersebut dikelola; dan financial assets are managed; and
- Bagaimana penilaian kinerja pengelola - How to evaluate the performance of
aset keuangan (sebagai contoh, managers of financial assets (for
apakah penilaian kinerja berdasarkan example, whether performance
nilai wajar dari aset yang dikelola atau appraisals are based on the fair value
arus kas kontraktual yang diperoleh). of the assets being managed or the
contractual cash flows obtained).
Aset keuangan yang dimiliki untuk Financial assets held for trading and
diperdagangkan dan penilaian kinerja which performance appraisals based on
berdasarkan nilai wajar diukur pada nilai fair value are measured at fair value
wajar melalui laba rugi. through profit or loss.
Derivatif juga dikategorikan dalam Derivatives are also categorised under
kelompok ini, kecuali derivatif yang this classification, unless they are
ditetapkan sebagai instrumen lindung nilai designated as effective hedging
efektif. instruments.
Penilaian mengenai arus kas Evaluation of contractual cash flows
kontraktual yang diperoleh semata- obtained solely from payment of
mata dari pembayaran pokok dan principal and interest (SPPI)
bunga (SPPI)
Untuk tujuan penilaian ini, pokok For the purpose of this evaluation,
didefinisikan sebagai nilai wajar dari aset principal is defined as the fair value of
keuangan pada saat pengakuan awal. financial assets at initial recognition.
Bunga didefinisikan sebagai imbalan untuk Interest is defined as compensation for
nilai waktu atas uang dan risiko kredit the time value of money and credit risk
terkait jumlah pokok terutang pada periode in relation to the principal amount owed
waktu tertentu dan juga risiko dan biaya over a certain period of time and also the
peminjaman standar, serta marjin laba. risk and standard Fund Borrowing costs,
as well as profit margins.
27
Page 305
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
d. Aset dan liabilitas keuangan (lanjutan) d. Financial assets and liabilities
(continued)
(i) Klasifikasi (lanjutan) (i) Classification (continued)
Penilaian mengenai arus kas Evaluation of contractual cash flows
kontraktual yang diperoleh semata- obtained solely from payment of
mata dari pembayaran pokok dan principal and interest (SPPI)
bunga (SPPI) (lanjutan) (continued)
Penilaian mengenai arus kas kontraktual An assessment of contractual cash
yang diperoleh semata dari pembayaran flows obtained solely from principal and
pokok dan bunga dilakukan dengan interest payments is made by
mempertimbangkan persyaratan considering contractual terms, including
kontraktual, termasuk apakah aset whether financial assets contain
keuangan mengandung persyaratan contractual terms that can change the
kontraktual yang dapat mengubah waktu timing or amount of contractual cash
atau jumlah arus kas kontraktual. Dalam flows. In assessing, the Bank considers:
melakukan penilaian, Bank
mempertimbangkan:
- Peristiwa kontinjensi yang akan - Contingency events that will change
mengubah waktu atau jumlah arus kas the timing or amount of contractual
kontraktual; cash flow;
- Fitur leverage; - Leverage feature;
- Persyaratan pembayaran di muka dan - Terms of advance payment and
perpanjangan kontraktual; contractual extension;
- Persyaratan mengenai klaim yang - Requirements regarding limited
terbatas atas arus kas yang berasal dari claims for cash flows from specific
aset spesifik; dan assets; and
- Fitur yang dapat mengubah nilai waktu - Features that can change the time
dari elemen uang. value of the money element.
Liabilitas keuangan diklasifikasikan ke Financial liabilities are classified into the
dalam kategori sebagai berikut pada saat following categories at initial recognition:
pengakuan awal:
- Liabilitas keuangan yang diukur pada - Financial liabilities at fair value
nilai wajar melalui laporan laba rugi, through profit or loss, which has 2
yang memiliki 2 (dua) sub-klasifikasi, (two) sub-classifications, i.e., those
yaitu liabilitas keuangan yang designated as such upon initial
ditetapkan demikian pada saat recognition and those classified as
pengakuan awal dan liabilitas held for trading;
keuangan yang telah diklasifikasikan
dalam kelompok diperdagangkan;
- Liabilitas keuangan lain yang tidak - Other financial liabilities that are not
diklasifikasikan sebagai liabilitas classified as financial liabilities at fair
keuangan yang diukur pada nilai wajar value through profit or loss are
melalui laba rugi dikategorikan dan categorised and measured at
diukur dengan biaya perolehan amortized cost.
diamortisasi.
28
Page 306
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
d. Aset dan liabilitas keuangan (lanjutan) d. Financial assets and liabilities
(continued)
(i) Klasifikasi (lanjutan) (i) Classification (continued)
Berikut klasifikasi instrumen keuangan Below are financial instruments
Bank berdasarkan PSAK 109: classification of the Bank based on
SFAS 109:
Instrumen keuangan/ Kategori yang didefinisikan oleh PSAK 109/
Financial instruments Category as defined by SFAS 109
Aset keuangan yang diukur pada biaya perolehan
Kas/Cash
yang diamortisasi/Financial assets at amortized cost
Giro pada Bank Indonesia/
Aset keuangan yang diukur pada biaya perolehan
Current accounts with Bank
yang diamortisasi/Financial assets at amortized cost
Indonesia
Giro pada bank lain/ Aset keuangan yang diukur pada biaya perolehan
Current accounts with other banks yang diamortisasi/Financial assets at amortized cost
Penempatan pada Bank Indonesia
dan bank lain/ Aset keuangan yang diukur pada biaya perolehan
Placements with Bank Indonesia and yang diamortisasi/Financial assets at amortized cost
other banks
Aset keuangan yang diukur pada biaya perolehan
yang diamortisasi/Financial assets at amortized cost
Efek-efek/Marketable securities
Aset keuangan yang diukur pada nilai wajar melalui
Aset keuangan/ penghasilan komprehensif lain/Financial assets at fair
Financial assets value through other comprehensive income
Tagihan akseptasi/Acceptance Aset keuangan yang diukur pada biaya perolehan
receivables yang diamortisasi/Financial assets at amortized cost
Tagihan atas efek-efek yang dibeli
dengan janji dijual Aset keuangan yang diukur pada biaya perolehan
kembali/Receivables on securities yang diamortisasi/Financial assets at amortized cost
purchased with agreements to resell
Kredit yang diberikan/ Aset keuangan yang diukur pada biaya perolehan
Loans yang diamortisasi/Financial assets at amortized cost
Pendapatan bunga yang masih Aset keuangan yang diukur pada biaya perolehan
akan diterima/Interest receivables yang diamortisasi/Financial assets at amortized cost
Aset lain-lain/ Aset keuangan yang diukur pada biaya perolehan
Other assets yang diamortisasi/Financial assets at amortized cost
29
Page 307
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
d. Aset dan liabilitas keuangan (lanjutan) d. Financial assets and liabilities
(continued)
(i) Klasifikasi (lanjutan) (i) Classification (continued)
Berikut klasifikasi instrumen keuangan Below are financial instruments
Bank berdasarkan PSAK 109: (lanjutan) classification of the Bank based on
SFAS 109: (continued)
Instrumen keuangan/ Kategori yang didefinisikan oleh PSAK 109/
Financial instruments Category as defined by SFAS 109
Liabilitas keuangan yang diukur pada biaya perolehan
Liabilitas segera/
yang diamortisasi/Financial liabilities at amortized
Obligation due immediately
cost
Liabilitas keuangan yang diukur pada nilai wajar
Liabilitas derivatif/
melalui laba rugi/Financial liabilities at fair value
Derivative payables
through profit or loss
Liabilitas keuangan yang diukur pada biaya perolehan
Liabilitas akseptasi/
yang diamortisasi/Financial liabilities at amortized
Acceptance payables
cost
Liabilitas keuangan yang diukur pada biaya perolehan
Simpanan dari nasabah/
yang diamortisasi/Financial liabilities at amortized
Deposits from customers
cost
Liabilitas keuangan yang diukur pada biaya perolehan
Simpanan dari bank lain/
yang diamortisasi/Financial liabilities at amortized
Deposits from other banks
cost
Liabilitas keuangan/
Financial liabilities Liabilitas atas efek-efek yang dijual
Liabilitas keuangan yang diukur pada biaya perolehan
dengan janji dibeli kembali/Liabilities
yang diamortisasi/Financial liabilities at amortized
on securities sold under repurchase
cost
agreements
Liabilitas keuangan yang diukur pada biaya perolehan
Bunga yang masih harus
yang diamortisasi/Financial liabilities at amortized
dibayar/Interest payables
cost
Liabilitas keuangan yang diukur pada biaya perolehan
Pinjaman yang diterima/Fund
yang diamortisasi/Financial liabilities at amortized
borrowing
cost
Liabilitas keuangan yang diukur pada biaya perolehan
Surat berharga subordinasi/
yang diamortisasi/Financial liabilities at amortized
Subordinated securities
cost
Liabilitas keuangan yang diukur pada biaya perolehan
Liabilitas lain-lain/
yang diamortisasi/Financial liabilities at amortized
Other liabilities
cost
30
Page 308
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
d. Aset dan liabilitas keuangan (lanjutan) d. Financial assets and liabilities
(continued)
(ii) Pengakuan awal (ii) Initial recognition
Aset dan liabilitas keuangan pada awalnya Financial assets and liabilities are initially
diukur pada nilai wajarnya. Dalam hal aset recognized at fair value. For those
atau liabilitas keuangan tidak financial assets or liabilities not classified
diklasifikasikan sebagai nilai wajar melalui as fair value through profit or loss, the fair
laba rugi, nilai wajar tersebut value is added/deducted with directly
ditambah/dikurangi biaya transaksi yang attributable transaction costs to the
dapat diatribusikan secara langsung issuance of financial assets or liabilities.
dengan perolehan atau penerbitan aset
atau liabilitas keuangan.
Bank pada pengakuan awal dapat The Bank upon initial recognition may
menetapkan aset dan keuangan liabilitas designate certain financial assets and
tertentu sebagai nilai wajar melalui laba liabilities at fair value through profit or
rugi (opsi nilai wajar). Opsi nilai wajar dapat loss (fair value option). The fair value
digunakan hanya bila memenuhi ketetapan option is only applied when the following
sebagai berikut: conditions are met:
- Penetapan sebagai opsi nilai wajar - The application of the fair value
mengurangi atau mengeliminasi option reduces or eliminates an
inkonsistensi pengukuran dan accounting mismatch that would
pengakuan (accounting mismatch) yang otherwise arise; or
dapat timbul; atau
- Aset dan liabilitas keuangan merupakan - The financial assets and liabilities are
bagian dari portofolio instrumen part of a portfolio of financial
keuangan yang risikonya dikelola dan instruments, the risks of which are
dilaporkan kepada manajemen kunci managed and reported to key
berdasarkan nilai wajar; atau management on a fair value basis; or
- Aset dan liabilitas keuangan terdiri dari - The financial assets and liabilities
kontrak utama dan derivatif melekat consist of a host contract and an
yang harus dipisahkan tetapi tidak embedded derivative that must be
dapat mengukur derivatif melekat bifurcated but are unable to measure
secara terpisah. the embedded derivative separately.
(iii) Pengukuran setelah pengakuan awal (iii) Subsequent measurement
Aset keuangan dalam kelompok aset Financial assets at fair value through
keuangan yang diukur pada nilai wajar other comprehensive income and
melalui penghasilan komprehensif lain dan financial assets and liabilities at fair value
aset dan liabilitas keuangan yang diukur through profit or loss are measured at fair
pada nilai wajar melalui laba rugi diukur value.
pada nilai wajarnya.
31
Page 309
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
d. Aset dan liabilitas keuangan (lanjutan) d. Financial assets and liabilities
(continued)
(iii) Pengukuran setelah pengakuan awal (iii) Subsequent measurement (continued)
(lanjutan)
Aset keuangan kelompok biaya perolehan Financial assets classified as amortized
diamortisasi dan liabilitas keuangan cost and other financial liabilities are
lainnya diukur pada biaya perolehan measured at amortized cost using the
diamortisasi dengan menggunakan effective interest rate method.
metode suku bunga efektif.
(iv) Penghentian pengakuan (iv) Derecognition
a. Aset keuangan dihentikan a. Financial assets are derecognized
pengakuannya jika: when:
Hak kontraktual atas arus kas The contractual rights to receive
yang berasal dari aset keuangan cash flows from the financial
tersebut berakhir; atau assets have expired; or
Bank telah mentransfer haknya The Bank has transferred its
untuk menerima arus kas yang rights to receive cash flows from
berasal dari aset keuangan atau the financial assets or have
menanggung kewajiban untuk assumed an obligation to pay the
membayarkan arus kas yang cash flows in full without material
diterima tersebut secara penuh delay to a third party under
tanpa penundaan berarti kepada a “pass through arrangement”.
pihak ketiga di bawah
kesepakatan pelepasan (pass
through arrangement).
b. Liabilitas keuangan dihentikan b. Financial liabilities are derecognized
pengakuannya jika liabilitas keuangan when they are extinguished i.e., when
tersebut berakhir, yaitu ketika liabilitas the liabilities stated in the contract are
yang ditetapkan dalam kontrak discharged, cancelled or has expired.
dilepaskan, dibatalkan atau
kadaluwarsa.
Jika suatu liabilitas keuangan yang Where an existing financial liability is
ada digantikan dengan yang lain oleh replaced by another from the same
pemberi pinjaman yang sama pada lender on substantially different terms or
keadaan yang secara substansial the terms of an existing liability are
berbeda atau berdasarkan suatu substantially modified, such an
liabilitas yang ada yang secara exchange or modification is treated as
substansial telah diubah, seperti derecognition of the original liability and
pertukaran atau modifikasi yang the recognition of a new liability, and the
diperlakukan sebagai penghentian difference in the respective carrying
pengakuan liabilitas awal, dan amounts is recognised in the statement
pengakuan liabilitas baru dan of profit or loss and other comprehensive
perbedaan nilai tercatat masing- income.
masing diakui dalam laporan laba rugi
dan penghasilan komprehensif lain.
32
Page 310
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
d. Aset dan liabilitas keuangan (lanjutan) d. Financial assets and liabilities
(continued)
(v) Pengakuan pendapatan dan beban (v) Income and expense recognition
a. Pendapatan dan beban bunga atas a. Interest income and expense on
aset keuangan yang diukur pada nilai financial assets measured at fair
wajar melalui penghasilan value through other comprehensive
komprehensif lain, serta aset dan income, as well as financial assets
liabilitas keuangan yang dicatat and liabilities measured at
berdasarkan biaya perolehan amortized cost are recognized in
diamortisasi diakui pada laporan laba the statement of profit or loss using
rugi dengan menggunakan metode the effective interest rate method.
suku bunga efektif.
Jumlah tercatat bruto aset keuangan The gross carrying amount of a
adalah biaya perolehan diamortisasi financial asset is the amortized cost
aset keuangan sebelum disesuaikan of a financial asset before adjusting
dengan cadangan penurunan nilai. for allowance for impairment.
Dalam menghitung pendapatan dan In calculating interest income and
beban bunga, tingkat suku bunga expenses, the effective interest rate
efektif diterapkan pada jumlah tercatat is applied to the gross carrying
bruto aset (ketika aset tersebut bukan amount of an asset (when the asset
aset keuangan yang memburuk) atau is not a deteriorated financial asset)
terhadap biaya perolehan diamortisasi or to the amortized cost of a liability.
dari liabilitas.
Untuk aset keuangan yang memburuk For financial assets that
setelah pengakuan awal, pendapatan deteriorated after initial recognition,
bunga dihitung dengan menerapkan interest income is calculated by
tingkat suku bunga efektif terhadap applying an effective interest rate to
biaya perolehan diamortisasi dari aset the amortized cost of the financial
keuangan tersebut. Jika aset tersebut assets. If the asset is no longer
tidak lagi memburuk, maka deteriorating, the calculation of
perhitungan pendapatan bunga akan interest income will be calculated by
dihitung dengan menerapkan tingkat applying an effective interest rate to
suku bunga efektif terhadap nilai the gross carrying amount of the
tercatat bruto dari aset keuangan financial asset.
tersebut.
Untuk aset keuangan yang telah For financial assets that have
memburuk pada saat pengakuan awal, deteriorated at initial recognition,
pendapatan bunga dihitung dengan interest income is calculated by
menerapkan tingkat bunga efektif applying the effective interest rate to
terhadap biaya perolehan diamortisasi the amortized cost of the financial
dari aset keuangan tersebut. Jika aset assets. If the asset no longer
tersebut tidak lagi memburuk, maka deteriorates, the calculation of
perhitungan pendapatan bunga akan interest income will still be
tetap dihitung dengan menerapkan calculated by applying the effective
tingkat bunga efektif terhadap biaya interest rate to the amortized cost of
perolehan diamortisasi dari aset the financial asset.
keuangan tersebut.
33
Page 311
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
d. Aset dan liabilitas keuangan (lanjutan) d. Financial assets and liabilities
(continued)
(v) Pengakuan pendapatan dan beban (v) Income and expense recognition
(lanjutan) (continued)
b. Keuntungan dan kerugian yang timbul b. Gains and losses arising from
dari perubahan nilai wajar aset changes in the fair value of financial
keuangan yang diukur pada nilai wajar asset measured at fair value
melalui penghasilan komprehensif lain through other comprehensive
selain keuntungan atau kerugian income other than foreign
selisih kurs atas instrumen utang exchange gains or losses on debt
diakui secara langsung dalam instruments are recognized directly
penghasilan komprehensif lain in other comprehensive income (as
(sebagai bagian dari ekuitas) hingga part of equity) until the financial
aset keuangan tersebut dihentikan asset is derecognized or impaired.
pengakuannya atau terdapat
penurunan nilai.
Pada saat aset keuangan dihentikan When a financial asset is
pengakuannya atau mengalami derecognized or impaired, the
penurunan nilai, keuntungan atau cumulative gains or losses
kerugian kumulatif yang sebelumnya previously recognized in equity are
diakui dalam ekuitas harus diakui pada recognized in statement of profit or
laporan laba rugi. loss.
Dalam menghitung pendapatan dan In calculating interest income and
beban bunga, tingkat suku bunga expenses, the effective interest rate
efektif diterapkan pada jumlah tercatat is applied to the gross carrying
bruto aset (ketika aset tersebut bukan amount of an asset (when the asset
aset keuangan yang memburuk) atau is not a deteriorated financial asset)
terhadap biaya perolehan diamortisasi or to the amortized cost of a liability.
dari liabilitas.
(vi) Reklasifikasi aset keuangan (vi) Reclassification of financial assets
Bank mereklasifikasi aset keuangan jika The Bank reclassifies financial assets if
dan hanya jika, model bisnis untuk and only if, the business model for
pengelolaan aset keuangan berubah. managing financial assets changes.
Tidak terdapat reklasifikasi untuk liabilitas There is no reclassification of financial
keuangan. liabilities.
Reklasifikasi aset keuangan dari Reclassifications of financial assets from
klasifikasi biaya perolehan yang amortized cost classifications to fair
diamortisasi ke klasifikasi nilai wajar value through profit or loss are recorded
melalui laba rugi dicatat sebesar nilai at fair value. The difference between the
wajarnya. Selisih antara nilai tercatat recorded value and fair value is
dengan nilai wajar diakui sebagai recognized in profit or loss on the
keuntungan atau kerugian pada laba rugi statement of profit or loss and other
dalam laporan laba rugi dan penghasilan comprehensive income.
komprehensif lainnya.
34
Page 312
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
d. Aset dan liabilitas keuangan (lanjutan) d. Financial assets and liabilities
(continued)
(vi) Reklasifikasi aset keuangan (lanjutan) (vi) Reclassification of financial assets
(continued)
Reklasifikasi aset keuangan dari Reclassifications of financial assets from
klasifikasi biaya perolehan yang amortized cost classifications to fair
diamortisasi ke klasifikasi nilai wajar value classifications through other
melalui penghasilan komprehensif lain comprehensive are recorded at their fair
dicatat sebesar nilai wajarnya. values.
Reklasifikasi aset keuangan dari Reclassification of financial assets from
klasifikasi nilai wajar melalui penghasilan fair value classification through other
komprehensif lain ke klasifikasi nilai wajar comprehensive income to fair value
melalui laba rugi dicatat pada wajar. classification through profit or loss is
Keuntungan atau kerugian yang belum recorded at fair value. Unrealized gains
direalisasi direklasifikasi ke laba rugi. or losses are reclassified to profit or loss.
Reklasifikasi aset keuangan dari Reclassification of financial assets from
klasifikasi nilai wajar melalui penghasilan fair value classifications through other
komprehensif lain ke klasifikasi biaya comprehensive income to the amortized
perolehan yang diamortisasi dicatat pada cost classification is recorded at carrying
nilai tercatat. Keuntungan atau kerugian value. Unrealized gains or losses are
yang belum direalisasi dihapus dari removed from equity and adjusted
ekuitas dan disesuaikan terhadap nilai agains the fair value.
wajar.
Reklasifikasi aset keuangan dari Reclassifications on financial assets
klasifikasi nilai wajar melalui laba rugi ke from fair value classification through
klasifikasi nilai wajar melalui penghasilan profit or loss to fair value classification
komprehensif lain dicatat pada wajar. through other comprehensive income
are recorded at fair value.
Reklasifikasi aset keuangan dari Reclassification of financial assets from
klasifikasi nilai wajar melalui laba rugi ke fair value classification through profit or
klasifikasi biaya perolehan yang loss to amortized cost classification is
diamortisasi dicatat pada wajar. recorded at fair value.
(vii) Saling hapus (vii) Offsetting
Aset keuangan dan liabilitas keuangan Financial assets and financial liabilities
saling hapus dan nilai netonya dilaporkan are offset and the net amount is reported
di laporan posisi keuangan jika dan hanya in the statement of financial position if
jika, saat ini terdapat hak yang and only if, there is currently an
berkekuatan hukum untuk saling hapus enforceable legal rights to offset the
jumlah keduanya dan terdapat intensi recognised amounts and there is an
untuk diselesaikan secara neto, atau intention to settle on a net basis, or to
untuk merealisasikan aset dan realise the assets and settle the liabilities
menyelesaikan liabilitas secara simultaneously. The legally enforceable
bersamaan. Hak saling hapus tidak right must not be contingent on the
kontinjen atas peristiwa di masa depan future events and must be enforceable
dan dapat dipaksakan secara hukum in the normal course of business and in
dalam situasi bisnis yang normal dan the event of default, insolvency or
dalam peristiwa gagal bayar atau bankruptcy of the Bank or the
peristiwa kepailitan atau kebangkrutan counterparty.
Bank atau pihak lawan.
35
Page 313
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
d. Aset dan liabilitas keuangan (lanjutan) d. Financial assets and liabilities (continued)
(vii) Saling hapus (lanjutan) (vii) Offsetting (continued)
Pendapatan dan beban disajikan dalam Income and expenses are presented on
jumlah bersih hanya jika diperkenankan a net basis only when permitted by
oleh standar akuntansi. accounting standards.
(viii) Pengukuran biaya diamortisasi (viii) Amortized cost measurement
Biaya perolehan diamortisasi dari aset The amortized cost of a financial assets
atau liabilitas keuangan adalah jumlah or liabilities are the amount at which the
aset atau liabilitas keuangan yang diukur financial assets or liabilities are
pada saat pengakuan awal dikurangi measured at initial recognition, minus
pembayaran pokok pinjaman, ditambah principal repayments, plus or minus the
atau dikurangi amortisasi kumulatif cummulative amortization using the
menggunakan metode suku bunga efektif effective interest rate method of any
yang dihitung dari selisih antara nilai difference between the initial amount
pengakuan awal dan nilai jatuh temponya recognized and the maturity amount,
dan dikurangi penurunan nilai. minus any reduction for impairment.
(ix) Pengukuran nilai wajar (ix) Fair value measurement
Nilai wajar adalah harga yang akan Fair value is the price that would be
diterima untuk menjual suatu aset atau received to sell an asset or paid to
harga yang akan dibayar untuk transfer a liability in an orderly
mengalihkan suatu liabilitas dalam transaction between market participants
transaksi teratur antara pelaku pasar pada at the measurement date.
tanggal pengukuran.
Pengukuran nilai wajar mengasumsikan The fair value measurement is based on
bahwa transaksi untuk menjual aset atau the presumption that the transaction to
mengalihkan liabilitas terjadi: sell the asset or transfer the liability
takes place either:
- Di pasar utama untuk aset dan liabilitas - In the principal market for the asset
tersebut; atau or liability; or
- Jika tidak terdapat pasar utama, di - In the absence of a principal market,
pasar yang paling menguntungkan in the most advantageous market for
untuk aset atau liabilitas tersebut. the asset or liability.
Nilai wajar suatu aset atau liabilitas diukur The fair value of an asset or a liability is
menggunakan asumsi yang akan measured using the assumptions that
digunakan pelaku pasar ketika market participants would use when
menentukan harga aset dan liabilitas pricing the asset or liability, assuming
tersebut dengan asumsi bahwa pelaku that market participants act in their
pasar bertindak dalam kepentingan economic best interest.
ekonomi terbaiknya.
Bank menggunakan teknik penilaian yang The Bank uses valuation techniques that
sesuai dalam keadaan dan dimana data are appropriate in the circumstances and
yang memadai tersedia untuk mengukur for which sufficient data are available to
nilai wajar, memaksimalkan penggunaan measure fair value, maximising the use
input yang dapat diobservasi yang relevan of relevant observable inputs and
dan meminimalkan penggunaan input minimising the use of unobservable
yang tidak dapat diobservasi. inputs.
36
Page 314
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
d. Aset dan liabilitas keuangan (lanjutan) d. Financial assets and liabilities
(continued)
(ix) Pengukuran nilai wajar (lanjutan) (ix) Fair value measurement (continued)
Semua aset dan liabilitas dimana nilai All assets and liabilities for which fair
wajar diukur atau diungkapkan dalam value which are measured or disclosed in
laporan keuangan dapat dikategorikan the financial statements are categorised
pada level hierarki nilai wajar, berdasarkan within the fair value hierarchy, described
tingkatan input terendah yang material atas based on the lowest level input that is
pengukuran nilai wajar secara material to the fair value measurement
keseluruhan, sebagai berikut: as a whole, as follows:
Tingkat 1 Level 1
Harga kuotasian (tanpa penyesuaian) di Quoted prices (unadjusted) in active
pasar aktif untuk aset atau liabilitas yang markets for identical asset and liability. A
identik. Suatu pasar dianggap aktif apabila market is regarded as active if quoted
informasi mengenai harga kuotasi dapat prices are readily and regularly available
dengan mudah dan secara berkala from an exchange dealer or broker,
tersedia dari suatu bursa pedagang efek industry group pricing service, or
atau broker, kelompok penilai harga pasar regulatory agency, in which those prices
industri tertentu, atau regulator dimana represent actual and regularly occurring
harga-harga tersebut mencerminkan market transaction on an arm’s length
transaksi pasar yang aktual dan reguler basis. The quoted market price used for
pada tingkat yang wajar. Harga pasar yang financial assets held by the Bank is the
dikutip untuk aset keuangan yang dimiliki current mid price.
Bank adalah harga tengah sekarang.
Tingkat 2 Level 2
Input selain harga yang dikutip dari pasar Inputs other than quoted prices included
yang disertakan pada Tingkat 1 yang dapat within Level 1 that are observable for the
diobservasi untuk aset dan liabilitas, baik asset or liability, either directly (i.e., as
secara langsung (yaitu sebagai sebuah prices) or indirectly (i.e., derived from
harga) atau secara tidak langsung (yaitu prices).
sebagai turunan dari harga).
Tingkat 3 Level 3
Input untuk aset atau liabilitas yang tidak Inputs for the assets or liabilities that are
didasarkan pada data pasar yang dapat not based on observable market data
diobservasi (yaitu informasi yang tidak (i.e., unobservable inputs).
dapat diobservasi).
Untuk aset dan liabilitas yang diakui pada For assets and liabilities that are
laporan keuangan secara berulang, Bank recognised in the financial statements
menentukan apakah terjadi transfer antara on a recurring basis, the Bank
level di dalam hierarki dengan cara determines whether transfers have
mengevaluasi kategori (berdasarkan input occurred between levels in the hierarchy
level terendah yang material dalam by re-assessing categorization (based
pengukuran nilai wajar) setiap akhir on the lowest level input that is material
periode pelaporan. to the fair value measurement as a
whole) at the end of each reporting
period.
37
Page 315
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
d. Aset dan liabilitas keuangan (lanjutan) d. Financial assets and liabilities
(continued)
(ix) Pengukuran nilai wajar (lanjutan) (ix) Fair value measurement (continued)
Untuk tujuan pengungkapan nilai wajar, For the purpose of fair value disclosures,
Bank telah menentukan kelas aset dan the Bank has determined classes of
liabilitas berdasarkan sifat, karakteristik assets and liabilities on the basis of the
risiko aset dan liabilitas, dan level hierarki nature, characteristics and risks of the
nilai wajar (Catatan 35). asset or liability, and the level of the fair
value hierarchy (Note 35).
e. Cadangan kerugian penurunan nilai atas e. Allowance for impairment losses on
aset keuangan financial assets
Pada setiap tanggal pelaporan, Bank At reporting date, the Bank calculates
menghitung kerugian kredit ekspektasian expected credit loss based on estimated 12
berdasarkan estimasi 12 bulan. Jika terjadi months. If there is a significant increase in
kenaikan risiko kredit yang signifikan sejak credit risk since initial recognition, the
pengakuan awal maka estimasi kerugian kredit estimated expected credit loss will be
ekspektasian akan dihitung sepanjang umur calculated throughout the life of the contract.
kontrak.
Kerugian kredit ekspektasian merupakan Expected credit losses are estimated
estimasi probabilitas tertimbang dari kerugian weighted probabilities of credit losses (is the
kredit (yaitu nilai kini dari seluruh kekurangan present value of all cash shortages) over the
kas) selama perkiraan umur instrumen estimated life of the financial instrument.
keuangan. Kekurangan kas adalah selisih Cash shortages are the difference between
antara arus kas yang terutang kepada Bank the cash flows owed to the Bank in
sesuai dengan kontrak dan arus kas yang accordance with the contract and the cash
diperkirakan akan diterima oleh Bank. flows that are expected to be received by the
Bank.
Bank menetapkan definisi peningkatan risiko The Bank has determined the definition of a
kredit instrumen keuangan secara material material increase in credit risk of financial
sejak pengakuan awal sebagai berikut: instruments since initial recognition as
follows:
sesuai dengan praduga (rebuttable in accordance with presumption
presumption) PSAK 109, yaitu ketika (rebuttable presumption) SFAS 109, i.e.
pembayaran kontraktual tertunggak lebih when contractual payments are
dari 30 hari; atau overdue for more than 30 days; or
ketika terjadi restrukturisasi aset when there is a restructuring of financial
keuangan yang disebabkan oleh assets caused by increased credit risk.
peningkatan risiko kredit.
Bank menerapkan definisi gagal bayar The Bank applies a definition of default (stage
(stage 3) yang konsisten dengan definisi yang 3) that is consistent with the definition used
digunakan untuk tujuan manajemen risiko for internal credit risk management for
kredit internal untuk instrumen keuangan yang relevant financial instruments, namely:
relevan, yaitu:
ketika instrumen keuangan telah when financial instruments are in 90
menunggak 90 hari; atau days in arrears; or
telah berada pada kolektibilitas BI 3, 4, is in BI collectibility 3, 4, or 5.
atau 5.
38
Page 316
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
e. Cadangan kerugian penurunan nilai atas e. Allowance for impairment losses on
aset keuangan (lanjutan) financial assets (continued)
Bank mengelompokkan aset keuangan dibeli The bank classifies a debt financial asset as
dari aset keuangan memburuk apabila: purchased or originated credit-impaired
financial asset if:
hilangnya pasar aktif dari aset keuangan; there is a loss of an active market from
dan financial assets; and
pembelian dengan diskon sangat besar; purchases with very large discounts;
pihak peminjam dinyatakan pailit; the borrower is declared bankrupt;
terdapat perubahan dari bentuk there is a change in the form of provision
penyediaan dana; atau of funds; or
debitur telah berada pada stage 3 dan the debtor is at stage 3 and meets one
memenuhi salah satu kondisi berikut: of the following conditions:
- telah dilakukan restrukturisasi secara - repeated restructuring and
berulang-ulang dan terjadi significant breach of contract; or
pelanggaran kontrak secara - for the restructuring that occurs,
signifikan; atau there is a negative difference of
- atas restrukturisasi yang terjadi, more than 20% of the present value
terdapat selisih negatif lebih dari 20% of future cash flows (discounted
atas nilai kini arus kas masa depan using the original effective interest
(yang didiskontokan menggunakan rate) between the initial terms and
suku bunga efektif awal) antara the terms of the restructuring.
persyaratan awal dan persyaratan
restrukturisasi.
Bank melakukan penurunan nilai secara The bank is impaired individually or
individu atau kolektif dengan collectively by considering all reasonable and
mempertimbangkan semua informasi yang supported information, including forward
wajar dan terdukung, termasuk informasi looking information.
yang bersifat perkiraan masa depan
(forward-looking).
Perhitungan cadangan kerugian penurunan Calculation of allowance for impairment
nilai atas aset keuangan yang dinilai secara losses on financial assets assessed
kolektif berdasarkan karakteristik risiko kredit collectively grouped based on similar credit
yang sama dengan mempertimbangkan risk characteristics and taking into account
segmentasi kredit berdasarkan permodelan the loan segmentation based on future loss
kerugian masa depan. model.
Bank menggunakan metode statistik, credit The Bank uses statistical method, credit
rating dan perkiraan makroekonomi untuk rating and macroeconomy forecast to assess
menilai cadangan kerugian penurunan nilai allowance for impairment losses on loans.
atas kredit yang diberikan.
39
Page 317
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
f. Giro pada Bank Indonesia dan bank lain f. Current accounts with Bank Indonesia
and other banks
Giro pada Bank Indonesia dan bank lain Current accounts with Bank Indonesia and
dinyatakan sebesar biaya perolehan other banks are stated at amortised cost
diamortisasi menggunakan metode suku bunga using the effective interest rate method less
efektif dikurangi cadangan kerugian penurunan allowance for impairment losses.
nilai.
g. Penempatan pada Bank Indonesia dan bank g. Placements with Bank Indonesia and
lain other banks
Penempatan pada Bank Indonesia dan bank Placements with Bank Indonesia and other
lain berupa deposito berjangka dan interbank banks are in the form of time deposits and
call money. interbank call money.
Penempatan pada Bank Indonesia dan bank Placements with Bank Indonesia and other
lain dinyatakan sebesar biaya perolehan banks are stated at amortised cost using the
diamortisasi menggunakan metode suku bunga effective interest rate method less allowance
efektif dikurangi cadangan kerugian penurunan for impairment losses.
nilai.
h. Efek-efek h. Marketable securities
Efek-efek terdiri dari surat berharga yang Marketable securities consist of securities
diperdagangkan dalam pasar modal dan pasar traded in the capital market and money
uang seperti obligasi pemerintah, dan obligasi market such as government bonds, and
yang diperdagangkan di bursa efek. bonds which are traded in the stock
exchange.
Obligasi pemerintah adalah obligasi yang Government bonds are bonds issued by the
diterbitkan oleh Pemerintah Indonesia termasuk Indonesian Government including
obligasi rekapitalisasi yang merupakan obligasi recapitalisation bonds that are issued by the
yang diterbitkan oleh Pemerintah dalam rangka Government for general bank
rekapitalisasi bank umum. recapitalisation.
Klasifikasi efek-efek diungkapkan di catatan 2d. The classification of marketable securities
are disclosed in note 2d.
i. Tagihan/Liabilitas atas efek-efek yang i. Receivables/Liabilities on securities
dibeli/dijual dengan janji dijual/dibeli purchased/sold under agreements to
kembali resale/repurchase
Efek-efek yang dibeli dengan janji untuk dijual Securities purchased under agreements to
kembali disajikan sebagai aset dalam laporan resale are presented as an asset in the
posisi keuangan sebesar harga beli ditambah statement of financial position at the
dengan pendapatan bunga yang sudah diakui purchase price added with interest income
tapi belum diterima, dikurangi dengan recognised but not yet received, less
cadangan kerugian penurunan nilai, jika allowance for impairment losses, where
diperlukan. appropriate.
40
Page 318
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
i. Tagihan/Liabilitas atas efek-efek yang i. Receivables/Liabilities on securities
dibeli/dijual dengan janji dijual/dibeli purchased/sold under agreements to
kembali (lanjutan) resale/repurchase (continued)
Pada pengukuran awal, efek-efek yang dibeli Securities purchased under agreements to
dengan janji dijual kembali disajikan sebesar resale are initially measured at fair value plus
nilai wajar ditambah dengan biaya transaksi directly attributable transaction costs.
yang dapat diatribusikan secara langsung.
Efek-efek yang dibeli dengan janji dijual kembali Securities purchased under agreements to
diklasifikasikan sebagai biaya perolehan resale are classified as amortized cost. Refer
diamortisasi. Lihat Catatan 2d untuk kebijakan to Note 2d for the accounting policy of loans.
akuntansi tersebut.
Efek-efek yang dijual dengan janji untuk dibeli Securities sold under repurchase
kembali disajikan sebagai liabilitas dalam agreements are presented as liabilities in the
laporan posisi keuangan sebesar jumlah statement of financial position, at the
pembelian kembali, dikurangi dengan bunga repurchase price, net of unamortized prepaid
dibayar di muka yang belum diamortisasi. interest. The difference between the selling
Selisih antara harga jual dan harga beli kembali price and the repurchase price is treated as
diperlakukan sebagai bunga dibayar di muka prepaid interest and recognized as interest
dan diakui sebagai beban bunga selama jangka expense over the period starting from when
waktu sejak efek-efek tersebut dijual hingga those securities are sold until they are
dibeli kembali menggunakan metode suku repurchased using effective interest rate
bunga efektif. method.
j. Kredit yang diberikan j. Loans
Kredit yang diberikan merupakan penyediaan Loans represent the lending of money or
uang atau tagihan yang dapat disamakan equivalent receivables under contracts with
dengan itu, berdasarkan kesepakatan dengan borrowers, where the borrowers are required
pihak penerima kredit dan mewajibkan pihak to repay their debts with interest after a
penerima kredit untuk melunasi setelah jangka specified period of time.
waktu tertentu dengan imbalan bunga.
Kredit yang diberikan (termasuk kredit yang Loans (including loans under syndication) are
diberikan dalam pinjaman sindikasi) pada initially measured at fair value plus
awalnya diukur pada nilai wajar ditambah transaction costs that are directly attributable
dengan biaya transaksi yang dapat to obtaining the financial asset. After initial
diatribusikan secara langsung dan biaya recognition, loans are measured at amortised
tambahan untuk memperoleh aset keuangan cost using the effective interest rate method,
tersebut. Setelah pengakuan awal, kredit yang net of allowance for impairment losses.
diberikan diukur pada biaya perolehan
diamortisasi menggunakan metode suku bunga
efektif dikurangi dengan cadangan kerugian
penurunan nilai.
Kredit yang diberikan diklasifikasikan sebagai Loans are classified as amortized costs.
diukur pada biaya perolehan amortisasi.
Kredit yang diberikan dalam pinjaman sindikasi Loans under syndication or channelling are
ataupun penerusan kredit dinyatakan sebesar stated at the principal amount according to
pokok kredit sesuai dengan porsi risiko yang the risk portion assumed by the Bank.
ditanggung oleh Bank.
41
Page 319
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
j. Kredit yang diberikan (lanjutan) j. Loans (continued)
Restrukturisasi kredit Loan restructuring
Restrukturisasi kredit meliputi adanya Loan restructuring may involve modified
penjadwalan ulang pembayaran pokok kredit through loans principal and interest
dan bunga, perpanjangan jangka waktu rescheduling, extending the payment
pembayaran dan ketentuan kredit yang baru. arrangements and new loan conditions.
Kerugian yang timbul dari restrukturisasi kredit Losses on loan restructuring in respect of
yang berkaitan dengan modifikasi persyaratan modification of the terms of the loans are
kredit hanya diakui bila nilai tunai penerimaan recognised only if the cash value of total
kas masa depan yang telah ditentukan dalam future cash receipts specified in the new
persyaratan kredit yang baru, termasuk terms of the loans, including both receipts
penerimaan yang diperuntukkan sebagai bunga designated as interest and those designated
maupun pokok lebih kecil dari nilai kredit yang as loan principal are less than the recorded
diberikan yang tercatat sebelum restrukturisasi. amounts of loans before restructuring.
Saat persyaratan kredit telah dinegosiasi ulang Once the terms of the loans have been
atau dimodifikasi (kredit restrukturisasi), renegotiated or modified (restructured loans).
penurunan nilai yang ada diukur dengan any impairment is measured using the
menggunakan suku bunga efektif awal yang original effective interest rate as calculated
digunakan sebelum persyaratan diubah dan before the modification of terms and the loan
kredit tidak lagi diperhitungkan sebagai is no longer considered past due.
menunggak. Manajemen secara berkelanjutan Management continuously reviews
meninjau kredit yang dinegosiasi ulang untuk renegotiated loans to ensure that all criteria
meyakinkan terpenuhinya seluruh kriteria dan are met and the future payments are likely to
pembayaran di masa depan. Kredit yang terus occur. The loans which continue to be subject
menjadi subjek penilaian penurunan nilai to an individual or collective impairment
individual atau kolektif, dihitung dengan assessment are calculated using the loan
menggunakan suku bunga efektif awal. original effective interest rate.
Kredit yang direstrukturisasi dinyatakan Restructured loans are presented at the
sebesar nilai yang lebih rendah antara nilai lower of the carrying value of the loan at the
tercatat kredit yang diberikan pada tanggal time of restructuring or the net present value
restrukturisasi atau nilai tunai penerimaan kas of the total future cash receipts after
masa depan setelah restrukturisasi. restructuring.
42
Page 320
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
j. Kredit yang diberikan (lanjutan) j. Loans (continued)
Kredit yang diberikan atau aset keuangan lain Loans and receivables or other financial
dihapusbukukan ketika tidak terdapat prospek assets are written off when there is no
yang realistis mengenai pengembalian kredit realistic prospect of collection in the near
dalam waktu dekat atau hubungan normal future or the normal relationship between the
antara Bank dan debitur telah berakhir. Kredit Bank and the borrowers have ceased to exist.
yang tidak dapat dilunasi dihapusbukukan When a loan is deemed uncollectible, it is
dengan mendebit cadangan kerugian written off against the related allowance for
penurunan nilai. Penerimaan kemudian atas impairment losses. Subsequent recoveries of
kredit yang telah dihapusbukukan sebelumnya, loans previously written off, if written off in the
jika dihapusbukukan pada tahun berjalan current year are credited to the allowance for
dikreditkan ke dalam akun cadangan kerugian impairment losses account in the statements
penurunan nilai atas kredit yang diberikan di of financial position, if written off in the prior
laporan posisi keuangan, sedangkan jika years are recognised in the statement of
dihapusbukukan di tahun sebelumnya, profit or loss and other comprehensive
dikreditkan sebagai pendapatan operasional income as other operational income, if
lainnya dalam laporan laba rugi dan recovered after the statements of financial
penghasilan komprehensif lain. position date.
k. Aset tetap k. Fixed assets
Bank menggunakan model revaluasi untuk aset The Bank uses the revaluation model for
tetap dimana aset tetap dinyatakan sebesar fixed asset where fixed assets are measured
nilai wajar dikurangi akumulasi penyusutan dan at fair value less accumulated depreciation
rugi penurunan nilai yang terjadi setelah tanggal and impairment losses recognised after the
revaluasi. Revaluasi akan dilakukan dengan date of the revaluation. Revaluation is carried
keteraturan yang cukup regular untuk out fairly regularly to ensure that the carrying
memastikan bahwa jumlah tercatat tidak amount does not differ materially from the
berbeda secara material dari jumlah yang amount determined using the fair value at the
ditentukan dengan menggunakan nilai wajar end of the reporting period. If the changes in
pada akhir periode pelaporan. Jika perubahan fair value are immaterial, the asset will be
nilai wajar tidak berbeda secara material, aset revaluated between 3 (three) or 5 (five) years.
tersebut akan direvaluasi paling kurang setiap 3
(tiga) atau 5 (lima) tahun sekali.
Kenaikan nilai tercatat yang timbul dari Increases in the carrying amount arising on
revaluasi tanah dan bangunan dikreditkan pada revaluation of land and buildings are credited
“surplus revaluasi aset” sebagai bagian dari to “asset revaluation surplus” as part of other
penghasilan komprehensif lainnya. Penurunan comprehensive income. Decreases that
yang menghapus nilai kenaikan yang offset previous increases of the same asset
sebelumnya atas aset yang sama dibebankan are debited against “asset revaluation
terhadap “surplus revaluasi aset” sebagai surplus” as part of other comprehensive
bagian dari laba komprehensif; penurunan income; while all other decreases are
lainnya dibebankan pada laporan laba rugi. charged to the profit or loss.
43
Page 321
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
k. Aset tetap (lanjutan) k. Fixed assets (continued)
Akumulasi penyusutan pada tanggal Accumulated depreciation as at the
revaluasian dieliminasi terhadap jumlah revaluation date is eliminated against the
tercatat bruto dari aset dan jumlah tercatat neto gross carrying amount of the asset and the
setelah eliminasi disajikan kembali sebesar net asset amount is restated to the revalued
jumlah revaluasian dari aset tersebut. Pada amount of the asset. Upon disposal, any
saat penghentian aset, surplus revaluasi untuk revaluation surplus relating to the particular
aset tetap yang dijual dipindahkan ke saldo asset being sold is transferred to retained
laba. earnings.
Penyusutan aset tetap dihitung dengan Depreciation of fixed assets is computed
menggunakan metode garis lurus (straight-line using the straight-line method based on the
method) berdasarkan taksiran masa manfaat estimated useful lives of the assets as
aset tetap sebagai berikut: follows:
Tahun/ Tarif penyusutan/
Years Depreciation rate
Bangunan dan prasarana 10 - 20 5% - 10% Buildings and leasehold improvements
Inventaris kantor Office equipment
dan kendaraan 3-5 20% - 33,3% and vehicles
Pada setiap akhir tahun buku, manajemen The residual values, useful lives and methods
melakukan pengkajian ulang atas nilai residu, of depreciation of fixed assets are reviewed
masa manfaat dan metode penyusutan yang by the management and adjusted
disesuaikan secara prospektif. prospectively, if appropriate, at the end of
each year.
Jumlah tercatat aset tetap dihentikan An item of fixed assets is derecognised upon
pengakuannya pada saat dilepaskan atau saat disposal or when no future economic benefits
tidak ada manfaat ekonomis masa depan yang are expected from its use or disposal. Any
diharapkan dari penggunaan atau gain or loss arising on derecognition of the
pelepasannya. Laba atau rugi yang timbul dari asset (calculated as the difference between
penghentian pengakuan aset (dihitung sebagai the net disposal proceeds and the carrying
perbedaan antara jumlah neto hasil pelepasan amount of the asset) is included in the
dan jumlah tercatat dari aset) diperhitungkan statement of profit or loss and other
dalam laporan laba rugi dan penghasilan comprehensive income in the period such
komprehensif lain pada periode aset tersebut asset is derecognised.
dihentikan pengakuannya.
Bila nilai tercatat suatu aset melebihi taksiran When the carrying amount of an asset
jumlah yang dapat diperoleh kembali, maka exceeds its estimated recoverable amount,
nilai tersebut diturunkan ke jumlah yang dapat the asset is written down to its estimated
diperoleh kembali tersebut, yang ditentukan recoverable amount, which is determined as
sebagai nilai tertinggi antara harga jual neto the higher of the fair value less cost to sell or
dan nilai pakai. value in use.
Aset dalam penyelesaian merupakan Construction in progress represents the
akumulasi biaya bahan dan biaya lainnya accumulated costs of materials and other
sampai dengan tanggal dimana aset tersebut relevant costs up to the date when the asset
telah selesai dan siap untuk digunakan. Biaya- is complete and ready for use. These costs
biaya tersebut direklasifikasi ke aset tetap yang are reclassified to the respective fixed assets
bersangkutan ketika aset tersebut telah siap accounts when the asset has been made
dipakai. ready for use.
44
Page 322
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
l. Aset tidak berwujud l. Intangible assets
Aset tidak berwujud terdiri dari goodwill dan Intangible assets consist of goodwill and
Core Deposits Intangible. Core Deposits Intangible.
Aset tidak berwujud diakui jika, dan hanya jika, Intangible assets are recognised if, and only
biaya perolehan aset tersebut dapat diukur if its cost can be measured reliably and it is
secara andal dan kemungkinan besar Bank probable that expected future benefits that
akan memperoleh manfaat ekonomis masa are attributable to it will flow to the Bank.
depan dari aset tersebut.
Goodwill Goodwill
Goodwill yang timbul dari kombinasi bisnis Goodwill arising in a business combination is
diakui sebagai aset pada tanggal diperolehnya recognised as an asset at the date that
pengendalian (tanggal akuisisi). Goodwill control is acquired (the acquisition date).
diukur sebagai selisih dari imbalan yang Goodwill is measured as the excess of the
dialihkan, jumlah setiap kepentingan non sum of the consideration transferred, the
pengendali pada pihak yang diakuisisi dan nilai amount of any non-controlling interest in the
wajar dari kepentingan ekuitas yang acquiree and the fair value of the acquirer’s
sebelumnya dimiliki pihak pengakuisisi pada previously held equity interest (if any) in the
pihak yang diakuisisi (jika ada) atas jumlah acquiree over net of the acquisition-date
selisih bersih dari aset teridentifikasi yang amounts of the identifiable assets acquired
diperoleh dan liabilitas yang diambil alih pada and the liabilities assumed.
tanggal akuisisi.
Untuk tujuan uji penurunan nilai, goodwill For the purpose of impairment testing,
dialokasikan pada setiap unit penghasil kas dari goodwill is allocated to each of the Bank’s
Bank yang diharapkan memberikan manfaat cash-generating units expected to benefit
dari sinergi kombinasi bisnis tersebut. Unit from the synergies of the combination. A
penghasil kas yang telah memperoleh alokasi cash-generating unit to which goodwill has
goodwill diuji penurunan nilainya secara been allocated is tested for impairment
tahunan dan ketika terdapat indikasi bahwa unit annually or more frequently when there is an
tersebut mengalami penurunan nilai. Jika indication that the unit may be impaired. If the
jumlah terpulihkan dari unit penghasil kas recoverable amount of the cash-generating
kurang dari jumlah tercatatnya, rugi penurunan unit is less than its carrying amount, the
nilai dialokasikan pertama untuk mengurangi impairment loss is allocated first to reduce
jumlah tercatat aset atas setiap goodwill yang the carrying amount of any goodwill allocated
dialokasikan pada unit, dan selanjutnya ke aset to the unit, and then to the other assets of the
lainnya dari unit dibagi prorata atas dasar unit pro-rate on the basis of the carrying
jumlah tercatat setiap aset dalam unit tersebut. amount of each asset in the unit. Any
Setiap kerugian penurunan nilai goodwill diakui impairment loss for goodwill is recognised
secara langsung dalam laba/rugi pada laporan directly in profit or loss in the statement of
laba rugi komprehensif. Rugi penurunan nilai comprehensive income. An impairment loss
yang diakui atas goodwill tidak dapat dipulihkan recognised for goodwill is not reversed in
pada periode berikutnya. subsequent period.
45
Page 323
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
l. Aset tidak berwujud (lanjutan) l. Intangible assets (continued)
Core Deposits Intangible Core Deposits Intangible
Core Deposits Intangible (CDI) adalah aset Core Deposits Intangible (CDI) is an
tidak berwujud yang timbul dari akuisisi suatu intangible asset that arise from acquisition of
bank. Aset ini merupakan nilai sekarang dari a bank. This asset is the present value of
pendapatan yang akan diterima dari dana pihak future income from third party fund,
ketiga, yang diakui sebagai aset pada tanggal recognised as an asset at the date that
diperolehnya pengendalian (tanggal akuisisi). control is acquired (the acquisition date).
CDI diamortisasi dengan menggunakan CDI is amortised by using straight-line
metode garis lurus selama estimasi umur method over its estimated useful life of 10
manfaatnya, yaitu 10 (sepuluh) tahun. (ten) years.
m. Penurunan nilai aset non keuangan m. Impairment of non-financial assets
Pada setiap tanggal pelaporan, Bank At each reporting date, the Bank assesses
melakukan penilaian apakah terdapat indikasi whether there is any indication that its non-
bahwa aset non keuangan mungkin mengalami financial assets may be impaired in
penurunan nilai sesuai dengan PSAK 236 accordance with SFAS 236 “Impairment of
tentang “Penurunan Nilai Aset”. Jika indikasi Assets”. If any such indication exists, then
tersebut ada, maka nilai yang dapat dipulihkan asset’s recoverable amount will be
dari aset tersebut akan diestimasi. estimated.
Nilai yang dapat dipulihkan adalah sebesar Recoverable amount is the higher of an
jumlah yang lebih tinggi dari nilai wajar aset asset’s (or cash-generating unit’s) fair value
(atau unit penghasil kas) dikurangi besarnya less cost to sell and its value in use and is
biaya untuk menjual dibandingkan dengan nilai determined for an individual asset, unless the
pakai yang ditentukan untuk aset individu, asset does not generate cash inflows that are
kecuali aset tersebut menghasilkan arus kas largely independent of those from other
masuk yang tidak tergantung lagi dari aset yang assets or groups of assets, in which case the
lain atau kumpulan aset, yang dalam hal jumlah recoverable amount is assessed as part of
terpulihkan dinilai sebagai bagian dari unit the cash generating unit to which it belongs.
penghasil kas. Apabila nilai tercatat suatu aset If the carrying amount of an asset (or cash-
(atau unit penghasil kas) melebihi jumlah generating unit) exceeds its recoverable
terpulihkan, maka aset (atau unit penghasil kas) amount, the asset (or cash-generating unit) is
tersebut dianggap mengalami penurunan nilai considered impaired and is written down to
dan diturunkan menjadi sebesar nilai yang its recoverable amount.
dapat dipulihkan.
Dalam menilai nilai pakai suatu aset, estimasi In assessing value in use, the estimated
terhadap arus kas dipulihkan di masa depan future cash flows are discounted to their
akan didiskontokan menjadi nilai kini dengan present value using a pre-tax discount rate
menggunakan tingkat suku bunga diskonto that reflects current market assessments of
sebelum pajak yang mencerminkan penilaian the time value of money and the risks specific
pasar terhadap nilai waktu dari kas dan risiko to the asset (or cash-generating unit).
spesifik aset (atau unit penghasil kas) tersebut.
Kerugian penurunan nilai atas aset yang tidak An impairment loss on a non-revalued asset
direvaluasi diakui pada laba/rugi. Namun, is recognised in profit or loss. However, an
kerugian penurunan nilai atas aset yang impairment loss on a revalued asset is
direvaluasi diakui pada penghasilan recognised in other comprehensive income
komprehensif lainnya sebatas penurunan nilai to the extent that the impairment loss does
tersebut tidak melebihi jumlah surplus revaluasi not exceed the amount in the revaluation
untuk aset yang sama. Kerugian penurunan surplus for that same asset. Such an
nilai untuk aset yang direvaluasi mengurangi impairment loss on a revalued asset reduces
surplus revaluasi untuk aset tersebut. the revaluation surplus for that asset.
46
Page 324
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
m. Penurunan nilai aset non keuangan m. Impairment of non-financial assets
(lanjutan) (continued)
Bank melakukan penelaahan pada setiap The Bank assesses at each reporting date as
tanggal pelaporan apakah terdapat indikasi to whether there is any indication that
bahwa pengakuan kerugian penurunan nilai previously recognised impairment losses
sebelumnya mungkin tidak lagi ada atau telah may no longer exist or may have decreased.
menurun. Bila terdapat indikasi tersebut, maka If such indication exists, the recoverable
jumlah terpulihkan akan diestimasi. amount is estimated.
Kerugian penurunan nilai, kecuali untuk A previously recognised impairment loss,
goodwill yang sebelumnya telah diakui akan except for goodwill is reversed only if there
dibalik hanya jika telah terjadi perubahan dalam has been a change in the estimates used to
estimasi yang digunakan untuk menentukan determine the asset’s recoverable amount
jumlah terpulihkan aset sejak kerugian since the last impairment loss was
penurunan nilai terakhir diakui. Jika demikian, recognised. If that is the case, the carrying
nilai tercatat aset akan ditingkatkan sejumlah amount of the asset is increased to its
nilai terpulihkan. recoverable amount.
Peningkatan nilai tercatat aset selain goodwill The increased carrying amount of an asset
yang disebabkan oleh pembalikan kerugian other than goodwill attributable to a reversal
penurunan nilai tidak dapat melebihi nilai of an impairment loss shall not exceed the
tercatat yang telah ditetapkan (setelah dikurangi carrying amount that would have been
amortisasi atau penyusutan) jika diasumsikan determined (net of amortisation or
tidak terdapat penurunan nilai pada tahun depreciation) had no impairment loss been
sebelumnya. Pembalikan tersebut diakui di recognised for the asset in prior years. Such
dalam laporan laba rugi dan penghasilan reversal is recognised in the statement of
komprehensif lain kecuali jika aset tersebut profit or loss and other comprehensive
dicatat sebesar nilai yang dipulihkan, dimana income unless the asset is carried at a
pembalikannya akan diakui sebagai revalued amount, in which case the reversal
peningkatan revaluasi. Setelah pembalikan is treated as a revaluation increase. After
tersebut dicatat, beban penyusutan akan such reversal, the depreciation expense is
disesuaikan ke depan untuk mengalokasikan adjusted in the future years to allocate the
nilai tercatat aset yang telah direvaluasi setelah asset’s revised carrying amount less any
dikurangi nilai sisa yang diperhitungkan secara residual value on a systematic basis over its
sistematis sepanjang masa manfaat aset remaining life.
tersebut.
n. Biaya dibayar di muka n. Prepaid expenses
Biaya dibayar di muka diamortisasi selama Prepaid expenses are amortised over the
masa manfaat dengan menggunakan metode expected period of benefits using the straight-
garis lurus (straight-line method). Termasuk line method. Included in prepaid expenses
dalam biaya dibayar di muka antara lain sewa, are rent, information technology maintenance
pemeliharaan informasi teknologi dan asuransi. and insurance.
o. Agunan yang diambil alih o. Foreclosed assets
Agunan yang diambil alih merupakan jaminan Foreclosed assets represent loan collateral
kredit yang diberikan yang telah diambil alih acquired in settlement of loans.
sebagai bagian dari penyelesaian kredit yang
diberikan.
47
Page 325
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
o. Agunan yang diambil alih (lanjutan) o. Foreclosed assets (continued)
Pada saat pengakuan awal, agunan yang Foreclosed assets acquired in conjunction
diambil alih sehubungan dengan penyelesaian with settlement of loans are initially recorded
kredit dicatat sebesar nilai wajar setelah at their fair value less cost to sell but not
dikurangi biaya untuk menjualnya tetapi tidak exceeding the carrying value of the loans.
melebihi nilai tercatat kredit yang diberikan. The Bank does not recognise any gains
Bank tidak mengakui keuntungan pada saat relating to the acquisition of foreclosed
pengambilalihan agunan. Selisih lebih antara assets. The excess between uncollectible
saldo kredit yang tidak dapat ditagih dengan loans balance and net realisable value of
nilai bersih agunan yang diambil alih yang dapat foreclosed assets is charged to allowance for
direalisasikan dibebankan pada penyisihan losses.
penghapusan.
Setelah pengakuan awal, agunan yang diambil Subsequent to initial recognition, foreclosed
alih dicatat pada nilai yang lebih rendah antara assets are stated at the lower of carrying
nilai tercatat dan nilai wajar setelah dikurangi amount and fair value less cost to sell. The
biaya untuk menjual. Selisih antara nilai agunan difference between the value of the
yang diambil alih dengan sisa pokok pinjaman foreclosed assets and the outstanding loan
yang diberikan, jika ada, dibebankan ke laporan principal, if any, is charged to the current year
laba rugi tahun berjalan. Selisih antara nilai statement of profit or loss. Any difference
agunan yang diambil alih dan hasil between the value of the foreclosed assets
penjualannya diakui sebagai keuntungan atau and the proceeds from its sale is recognised
kerugian pada saat penjualan agunan yang as a gain or loss on sale of the foreclosed
bersangkutan. assets.
Beban-beban sehubungan dengan perolehan Expenses in relation with the acquisition and
dan pemeliharaan agunan yang diambil alih maintenance of foreclosed assets are
dibebankan pada laba/rugi tahun berjalan pada charged in the current year profit or loss as
saat terjadinya. incurred.
p. Liabilitas segera p. Obligation due immediately
Liabilitas segera dicatat pada saat timbulnya This account is recorded at the time the
kewajiban atau diterima perintah dari pemberi obligations occur or upon receipt of transfer
amanat, baik dari masyarakat maupun dari orders from customers or other banks.
bank lain. Termasuk dalam liabilitas segera Included in this account is related to clearing
adalah liabilitas sehubungan dengan transaksi transactions and transfers.
kliring dan transfer.
Liabilitas segera dicatat berdasarkan biaya Obligation due immediately is stated at
perolehan diamortisasi dan diklasifikasikan amortised cost and classified as other
sebagai liabilitas keuangan lainnya. financial liabilities.
q. Simpanan dari nasabah q. Deposits from customers
Giro merupakan simpanan nasabah yang dapat Current accounts represent customer funds
digunakan sebagai alat pembayaran dan which can be used as payment instruments,
penarikannya dapat dilakukan setiap saat and can be withdrawn at any time through
melalui cek atau pemindahbukuan dengan cheque, or transferred through current
bilyet giro dan sarana perintah pembayaran account drafts and other transfer instruction
lainnya. Giro dinyatakan sebesar nilai titipan media. Current accounts are stated at the
pemegang giro di Bank. amounts entrusted to the Bank by the
depositors.
48
Page 326
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
q. Simpanan dari nasabah (lanjutan) q. Deposits from customers (continued)
Tabungan merupakan simpanan nasabah yang Savings accounts represent customer funds
penarikannya hanya dapat dilakukan nasabah which can be withdrawn by the depositors
sesuai dengan persyaratan tertentu yang only under certain conditions. Savings
disepakati. Tabungan dinyatakan sebesar nilai accounts are stated at the agreed amounts
liabilitas pada pemilik tabungan. due to the depositors.
Deposito berjangka merupakan simpanan Time deposits represent customers’ funds
nasabah yang penarikannya hanya dapat which can be withdrawn by the depositors
dilakukan nasabah pada waktu tertentu sesuai only on specific maturity dates based on the
dengan perjanjian antara pemegang deposito agreements between the depositors and the
berjangka dengan Bank. Deposito berjangka Bank. Time deposits are stated at the nominal
dinyatakan sebesar nilai nominal yang amounts stated in the certificate issued by the
tercantum dalam sertifikat yang diterbitkan oleh Bank in accordance with the agreements
Bank sesuai dengan perjanjian antara between the depositors and the Bank.
pemegang deposito berjangka dengan Bank.
Simpanan nasabah diklasifikasikan sebagai Deposits from customers are classified as
liabilitas keuangan lainnya dan diukur pada other financial liabilities and measured at
biaya perolehan diamortisasi menggunakan amortised cost using the effective interest
suku bunga efektif. rate method.
r. Simpanan dari bank lain r. Deposits from other banks
Simpanan dari bank lain merupakan kewajiban Deposits from other banks represent
kepada bank lain dalam bentuk tabungan, giro, liabilities to other banks in the form of savings
deposito berjangka, dan inter-bank call money. accounts, current accounts, time deposits,
and inter-bank call money.
Simpanan dari bank lain diklasifikasikan Deposits from other banks are classified as
sebagai liabilitas keuangan lain dan diukur pada other financial liabilities and measured at
biaya perolehan diamortisasi menggunakan amortised cost using the effective interest
suku bunga efektif. Biaya tambahan yang dapat rate method. Incremental costs that can be
diatribusikan secara langsung dengan attributed directly to the acquisition of
perolehan simpanan dari bank lain dikurangkan deposits from other banks are deducted from
dari jumlah simpanan yang diterima. the total deposits received.
s. Pinjaman yang diterima s. Fund Borrowing
Pinjaman yang diterima diakui sebesar nilai Fund borrowing are initially recognized at fair
wajar pada awalnya dan selanjutnya diukur value and subsequently measured at
sebesar biaya perolehan diamortisasi dengan amortised cost using the effective interest
menggunakan metode suku bunga efektif. rate method. Amortised cost is calculated by
Biaya perolehan diamortisasi dihitung degan taking into account any discount or premium
memperhitungkan adanya diskonto atau premi related to the initial recognition of fund
terkait dengan pengakuan awal pinjaman borrowing and transaction costs are an
diterima dan biaya transaksi merupakan integral part of the effective interest rate.
bagian dari metode suku bunga efektif.
49
Page 327
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
t. Surat berharga subordinasi t. Subordinated securities
Surat berharga subordinasi diakui sebesar nilai Subordinated securities are initially
wajar pada awalnya dan selanjutnya diukur recognised at fair value and subsequently
sebesar biaya perolehan diamortisasi dengan measured at amortised cost using the
menggunakan metode suku bunga efektif. effective interest rate method.
Biaya perolehan diamortisasi dihitung dengan Amortised cost is calculated by taking into
memperhitungkan adanya diskonto atau premi account any discount or premium on
terkait dengan pengakuan awal surat berharga subordinated securities and transaction costs
subordinasi dan biaya transaksi yang that are an integral part of the effective
merupakan bagian yang tidak terpisahkan dari interest rate.
suku bunga efektif.
u. Pendapatan dan beban bunga u. Interest income and expenses
Pendapatan dan beban bunga diakui pada Interest income and expenses are
laba/rugi dengan menggunakan metode suku recognised in the profit or loss using the
bunga efektif. Suku bunga efektif adalah suku effective interest rate method. The effective
bunga yang secara tepat mendiskontokan interest rate is the rate that exactly discounts
estimasi pembayaran atau penerimaan kas di the estimated future cash payments or
masa datang selama perkiraan umur dari aset receipts over the expected life of the financial
keuangan atau liabilitas keuangan (atau jika instrument (or where appropriate, a shorter
lebih tepat, digunakan periode yang lebih period) to obtain the carrying amount of the
singkat) untuk memperoleh nilai tercatat neto financial asset or financial liability.
dari aset keuangan atau liabilitas keuangan.
Pada saat menghitung suku bunga efektif, Bank When calculating the effective interest rate,
mengestimasi arus kas di masa datang dengan the Bank estimates future cash flows
mempertimbangkan seluruh persyaratan considering all contractual terms of the
kontraktual dalam instrumen keuangan tersebut financial instrument but not future credit
tetapi tidak mempertimbangkan kerugian kredit losses. This calculation includes all
di masa mendatang. Perhitungan ini mencakup commissions, fees and other forms received
seluruh komisi, provisi, dan bentuk lain yang by the parties in the contract that are an
diterima oleh para pihak dalam kontrak yang integral part of the effective interest rate.
merupakan bagian tidak terpisahkan dari suku
bunga efektif.
Jika aset keuangan atau nilai kelompok aset If a financial asset or group of similar financial
keuangan serupa telah diturunkan sebagai assets’ value has diminished as a result of
akibat kerugian penurunan nilai, maka impairment losses, interest income
pendapatan bunga yang diperoleh setelahnya subsequently obtained is recognised based
diakui berdasarkan suku bunga yang digunakan on the interest rate used to discount future
untuk mendiskonto arus kas masa datang cash flows in calculating impairment losses.
dalam menghitung kerugian penurunan nilai.
Kredit yang pembayaran angsuran pokok atau Loans for which the principal or interest has
bunganya telah lewat 90 (sembilan puluh) hari been past due for 90 (ninety) days or more,
atau lebih setelah jatuh tempo, atau kredit yang or when reasonable doubt exists as to the
pembayarannya secara tepat waktu diragukan timely collection are generally classified as
secara umum diklasifikasikan sebagai kredit impaired loans.
yang mengalami penurunan nilai (impairment).
50
Page 328
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
v. Pendapatan provisi dan komisi v. Fees and commissions
Pendapatan provisi dan komisi yang Fees and commissions that are an integral
merupakan bagian tak terpisahkan dari suku part of the effective of interest rate of a
bunga efektif atas instrumen keuangan, financial instrument, for examples loans or
contohnya kegiatan pinjaman atau pendapatan fee and commission income which relates to
provisi dan komisi yang berhubungan dengan a specific period are treated as an adjustment
jangka waktu tertentu, diperlakukan sebagai to the effective interest rate and classified as
penyesuaian terhadap suku bunga efektif dan part of interest income in the statement of
diklasifikasikan sebagai bagian dari profit or loss and other comprehensive
pendapatan bunga pada laporan laba rugi dan income.
penghasilan komprehensif lain.
Pendapatan provisi dan komisi lainnya Other fees and commission income including
termasuk provisi yang terkait dengan kegiatan credit related fees, export-import related fees,
perkreditan, kegiatan ekspor-impor, provisi syndication lead arranger fees and service
sebagai pengatur sindikasi, dan provisi atas fees are recognised as the related services
jasa diakui pada saat jasa tersebut dilakukan. are performed. Other fees and commission
Beban provisi dan komisi lainnya sehubungan expenses related mainly to interbank
dengan transaksi antar-bank diakui sebagai transaction fees are expensed as the service
beban pada saat jasa tersebut diterima. are received.
w. Imbalan kerja w. Employee benefits
Bank mencatat estimasi liabilitas imbalan kerja The Bank records employee benefits
karyawan sesuai dengan Undang-undang Cipta liabilities in accordance with Job Creation No.
Kerja No. 6 tahun 2023 tanggal 31 Maret 2023 6 year 2023 dated March 31, 2023 (“the
(“Undang-undang”) dan diakui sesuai dengan Law”) as accounted for under SFAS 219
PSAK 219 tentang “Imbalan Kerja Karyawan”. “Employee Benefits”.
Liabilitas imbalan pasca kerja dihitung sebesar Post-employment benefits liability is
nilai kini dari estimasi jumlah liabilitas imbalan calculated at present value of estimated
pasca kerja di masa depan yang timbul dari jasa future benefits that the employees have
yang telah diberikan oleh karyawan pada masa earned in return for their services in the
kini dan masa lalu dikurangi dengan nilai wajar current and past periods deducted by plan
aset program, jika ada. Perhitungan dilakukan assets, if any. Calculation is performed by an
oleh aktuaris independen dengan metode independent actuary using the projected unit
projected unit credit. credit method.
Nilai kini liabilitas imbalan pasti ditentukan The present value of the defined benefit
dengan mendiskontokan estimasi arus kas obligation is determined by discounting the
keluar masa depan dengan menggunakan estimated future cash outflows using interest
tingkat bunga obligasi Pemerintah (dengan rates of Government bonds (considering
pertimbangan bahwa saat ini tidak ada pasar currently there is no deep market for high
untuk obligasi korporasi berkualitas tinggi) quality corporate bonds) that are
dalam mata uang yang sama dengan mata denominated in the currency in which the
uang imbalan yang akan dibayarkan dan waktu benefits will be paid and have terms to
jatuh tempo yang kurang lebih sama dengan maturity approximately the same as the
waktu jatuh tempo imbalan yang bersangkutan. terms of the related pension liability.
Beban pensiun berdasarkan program dana Pension costs defined benefit pension plans
pensiun manfaat pasti ditentukan melalui are determined by periodic actuarial
perhitungan aktuaria secara periodik dengan calculation using the projected unit credit
menggunakan metode projected unit credit dan method and applying the assumptions on
menerapkan asumsi atas tingkat diskonto, hasil discount rate, expected return on plan assets
yang diharapkan atas aset dana pensiun dan and annual rate of increase in compensation.
tingkat kenaikan manfaat pasti pensiun
tahunan.
51
Page 329
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
w. Imbalan kerja (lanjutan) w. Employee benefits (continued)
Keuntungan dan kerugian atas pengukuran Remeasurement gains and losses arising
kembali yang timbul dari penyesuaian dan from experience adjustments and changes in
perubahan dalam asumsi-asumsi aktuarial dan actuarial assumptions and the return of plan
hasil atas aset dana pensiun (tidak termasuk assets (excluding net interest) are charged or
bunga bersih) langsung diakui seluruhnya credited to equity in other comprehensive
melalui penghasilan komprehensif lainnya pada income in the period in which they arise.
saat terjadinya.
Seluruh biaya jasa lalu diakui pada saat yang All past service costs are recognised at the
lebih dulu antara ketika amendemen/kurtailmen earlier of when the amendment/curtailment
terjadi atau ketika biaya restrukturisasi atau occurs and when the related restructuring or
pemutusan hubungan kerja diakui. Akibatnya, termination costs are recognised. As a result,
biaya jasa lalu yang belum vested tidak lagi unvested past service costs can no longer be
dapat ditangguhkan dan diakui selama periode deferred and recognised over the future
vesting masa depan. vesting period.
x. Transaksi dan saldo dalam mata uang asing x. Foreign currency transactions and
balances
Transaksi dalam mata uang asing dicatat Transactions involving foreign currencies are
berdasarkan kurs yang berlaku pada saat recorded at the rates of exchange prevailing
transaksi dilakukan. Pada tanggal laporan at the time the transactions are made. At
posisi keuangan, aset dan liabilitas moneter statement of financial position date, monetary
dalam mata uang asing dijabarkan ke dalam assets and liabilities denominated in foreign
mata uang Rupiah menggunakan kurs laporan currencies are translated into Rupiah using
(penutupan) yang ditetapkan oleh Bank the reporting (closing) rate determined by
Indonesia yaitu kurs tengah yang merupakan Bank of Indonesia which is middle rate from
rata-rata kurs beli dan kurs jual berdasarkan the average of bid and ask rate based on
Reuters pada pukul 16.00 WIB setiap hari. Laba Reuters at 16.00 WIB (Western Indonesia
atau rugi kurs yang terjadi diakui di dalam local time) everyday. The resulting gains or
laporan laba rugi dan penghasilan losses are recognised in the statement of
komprehensif lain tahun berjalan. profit or loss and other comprehensive
income for the current year.
Kurs yang digunakan Bank untuk menjabarkan The exchange rates used by the Bank as of
aset dan liabilitas dalam mata uang asing pada December 31, 2024 and 2023, amounted to:
tanggal 31 Desember 2024 dan 2023 sebesar:
31 Desember/December 31
2024 2023
1 Poundsterling Britania Raya 20.218,54 19.626,56 Great Britain Poundsterling 1
1 Euro Eropa 16.758,12 17.038,32 European Euro 1
1 Dolar Amerika Serikat 16.095,00 15.397,00 United States Dollar 1
1 Dolar Singapura 11.844,58 11.676,34 Singapore Dollar 1
1 Dolar Australia 10.013,51 10.520,77 Australian Dollar 1
1 Yuan Renminbi Cina 2.198,50 2.169,50 Chinese Yuan Renminbi 1
1 Dolar Hong Kong 2.073,11 1.970,73 Hong Kong Dollar 1
1 Yen Jepang 103,03 108,88 Japanese Yen 1
52
Page 330
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
y. Pajak penghasilan y. Income tax
Beban pajak terdiri dari pajak kini dan pajak The tax expense comprises current and
tangguhan. Pajak diakui dalam laporan laba deferred tax. Tax is recognised in the
rugi kecuali jika pajak tersebut terkait dengan statement of income except to the extent that
transaksi atau kejadian yang diakui ke it relates to items recognised in other
penghasilan komprehensif lain atau langsung comprehensive income or directly in equity.
diakui ke ekuitas. Dalam hal ini, pajak tersebut In this case, the tax is also recognised in
masing-masing diakui dalam penghasilan other comprehensive income or directly in
komprehensif lain atau ekuitas. equity, respectively.
Bank mengevaluasi secara periodik The Bank periodically evaluates the
implementasi terhadap peraturan perpajakan implementation of prevailing tax regulations
yang berlaku terutama yang memerlukan especially those that are subject to further
interpretasi lebih lanjut mengenai interpretation on its implementation including
pelaksanaannya termasuk juga evaluasi evaluation on tax assessment letters
terhadap surat ketetapan pajak yang diterima received from tax authorities. It establishes
dari kantor pajak. Jika perlu, manajemen provisions where appropriate on the basis of
menentukan provisi berdasarkan jumlah yang amounts expected to be paid to the tax
diharapkan akan dibayar kepada otoritas pajak. authorities.
Pajak penghasilan tangguhan disajikan dengan Deferred income tax is provided using the
menggunakan metode balance sheet liabilitas. balance sheet liability method. Deferred
Pajak penghasilan tangguhan timbul akibat income tax on temporary differences arising
perbedaan temporer antara aset dan liabilitas between the tax base of assets and liabilities
menurut ketentuan-ketentuan pajak dengan and their carrying amounts in the financial
nilai tercatat aset dan liabilitas dalam laporan statements. Currently enacted or
keuangan. Tarif pajak yang berlaku atau yang substantially enacted tax rates are used in
secara substansial telah berlaku digunakan the determination of deferred income tax.
dalam menentukan besarnya jumlah pajak
penghasilan tangguhan.
Aset pajak tangguhan diakui apabila terdapat Deferred tax assets are recognised to the
kemungkinan besar bahwa jumlah laba fiskal di extent that it is probable that future taxable
masa mendatang akan memadai untuk profit will be available against which the
mengkompensasi perbedaan temporer yang temporary differences can be utilised.
menimbulkan aset pajak tangguhan tersebut.
Jumlah tercatat aset pajak tangguhan ditelaah The carrying amount of deferred tax assets is
pada setiap tanggal neraca dan nilai tercatat reviewed at each reporting date and reduced
aset pajak tangguhan tersebut diturunkan to the extent that it is no longer probable that
apabila tidak lagi terdapat kemungkinan besar sufficient taxable profits will be available to
bahwa laba fiskal yang memadai akan tersedia compensate all or part of the benefit of the
untuk mengompensasi sebagian atau semua deferred tax assets.
manfaat aset pajak tangguhan.
Pengaruh pajak terkait dengan penyisihan The related tax effects of the provisions for
untuk dan/atau pembalikan seluruh perbedaan and/or reversals of all temporary differences
temporer selama tahun berjalan termasuk during the year including the effect of change
pengaruh perubahan tarif pajak, diakui sebagai in tax rates, are recognised as “Income Tax
“Manfaat/(Beban) Pajak Penghasilan - Benefit/(Expense) - Deferred” and included in
Tangguhan” dan termasuk dalam laba atau rugi the determination of net profit or loss for the
neto tahun berjalan, kecuali untuk transaksi - year, except to the extent that they relate to
transaksi yang sebelumnya telah langsung items previously charged or credited to equity.
dibebankan atau dikreditkan ke ekuitas.
53
Page 331
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
y. Pajak penghasilan (lanjutan) y. Income tax (continued)
Aset dan liabilitas pajak penghasilan tangguhan Deferred income tax assets and liabilities are
dapat saling hapus apabila terdapat hak yang offset when there is a legally enforceable right
berkekuatan hukum untuk melakukan saling to offset current tax assets against current tax
hapus antara aset pajak kini dengan liabilitas liabilities and when the deferred income tax
pajak kini dan apabila aset dan liabilitas assets and liabilities relate to income taxes
tangguhan terkait pajak penghasilan yang levied by the same taxation authority on either
dikenakan oleh otoritas perpajakan yang sama, the same taxable entity or different taxable
baik atas entitas kena pajak yang sama entities where there is an intention to settle
ataupun berbeda dan adanya niat untuk the balances on a net basis.
melakukan penyelesaian saldo-saldo tersebut
secara neto.
Perubahan terhadap kewajiban perpajakan Amendments to taxation obligations are
dicatat pada saat diterimanya surat ketetapan recorded when an assessment is received or
atau apabila dilakukan banding, ketika hasil if appeal is applied, when the results of the
banding diterima. appeal are received.
z. Aset hak guna dan liabilitas sewa z. Right-of-use assets and lease liabilities
Bank telah mengadopsi PSAK 116 mengenai The Bank has adopted SFAS 116 regarding
“Sewa”. Identifikasi dan pengukuran atas aset “Leases”. Identification and measurement of
hak guna dan liabilitas sewa diterapkan secara the rights-of-use assets and lease liabilities
modified retrospective tanpa penyajian kembali are applied on a modified retrospective basis
periode komparatif. without a comparative period representation.
Bank mengakui aset hak guna untuk sewa yang The Bank recognised the right-of-use assets
memenuhi kriteria PSAK 116 sebagai berikut: for lease that meet the criteria of
SFAS 116 as follows:
- Terdapat aset identifikasian; - There are identified assets;
- Bank secara substansial menikmati manfaat - The Banks substantially enjoy the
ekonomis dari penggunaan aset economic benefits of using identifying
identifikasian; assets;
- Bank memiliki hak untuk mengendalikan aset - The Bank has the right to control the
identifikasian dimaksud. identified assets in question.
Bank menerapkan pengecualian atas sewa The Bank applies exceptions to the lease as
sebagai berikut: follows:
- Dengan jangka waktu kurang atau sama - With a term less than or equal to 12
dengan 12 bulan dan tidak terdapat opsi beli; months and no purchase options;
- Dengan nilai pendasar rendah, yaitu kurang - With low base value, i.e., less or equal to
atau sama dengan USD5.000 (nilai penuh); USD5,000 (full amount).
Untuk sewa yang tidak memenuhi kriteria PSAK For lease that does not meet the criteria of
116, maka diperlakukan sebagai sewa operasi SFAS 116, then it is treated as a regular
biasa. operating lease.
54
Page 332
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
z. Aset hak guna dan liabilitas sewa (lanjutan) z. Right-of-use assets and lease liabilities
(continued)
Bank mengakui liabilitas sewa sebesar jumlah The Bank recognised lease liabilities at the
pembayaran sewa yang masih harus dibayar amount of lease payments accrued to the end
hingga akhir masa sewa yang didiskontokan of the lease term which discounted using the
dengan menggunakan suku bunga pinjaman incremental Fund Borrowing rate. The right-
inkremental. Sedangkan aset hak guna of-use assets includes the amount of lease
mencakup jumlah liabilitas sewa yang diakui, liabilities recognised, initial direct costs paid,
biaya langsung awal yang dibayarkan, biaya restoration costs and lease payments on or
pemulihan dan pembayaran sewa yang before the start date of the lease, less lease
dilakukan pada atau sebelum tanggal mulai incentives received. Right-of-use assets are
sewa, dikurangi insentif sewa yang diterima. depreciated using the straight-line method
Aset hak guna disusutkan dengan metode garis over the shorter period between the lease
lurus selama jangka waktu yang lebih pendek term and the estimated useful life of the asset.
antara masa sewa dengan estimasi masa
manfaat aset.
Jika kepemilikan aset sewa dialihkan ke Bank If the ownership of lease asset is transferred
pada akhir masa sewa atau pembayaran sewa to the Bank at the end of the lease term or the
mencerminkan pelaksanaan opsi pembelian, lease payments reflect the exercise of the
maka penyusutan dihitung menggunakan purchase option, then depreciation is
estimasi masa manfaat ekonomis aset. Aset calculated using the estimated useful life of
hak guna diuji penurunan nilainya sesuai the assets. Right-of-use assets are tested for
dengan PSAK 236 tentang “Penurunan Nilai impairment in accordance with SFAS 236
Aset”. regarding “Impairment of Assets”.
Pada tanggal dimulainya sewa, Bank mengakui On the initial of lease date, the Bank
liabilitas sewa yang diukur pada nilai kini dari recognised lease liabilities which measured at
pembayaran sewa masa depan yang akan the present value of future lease payments
dibayarkan selama masa sewa. Pembayaran that will be paid over the lease term. Lease
sewa termasuk pembayaran tetap (termasuk payments include fixed payments (including
pembayaran tetap secara substansi) dikurangi substantially fixed payments), less lease
piutang insentif sewa, pembayaran sewa incentive receivables, variable lease
variabel yang bergantung pada indeks atau payments that depends on index or interest
suku bunga dan jumlah yang diharapkan akan rate and the expected amount to be paid in a
dibayar dalam jaminan nilai residu. Pembayaran residual value guarantee. Lease payments
sewa juga termasuk harga eksekusi opsi also include the reasonable exercise price for
pembelian yang wajar jika dipastikan akan the purchase option if it is determined to be
dilakukan oleh Bank dan pembayaran penalti made by the Bank and the payment of a
untuk mengakhiri sewa, jika jangka waktu sewa penalty to terminate the lease, if the lease
mencerminkan Bank mengeksekusi opsi term reflects the Bank exercising the lease
penghentian sewa. termination option.
Pembayaran sewa variabel yang tidak Variable lease payments that are not depends
bergantung pada indeks atau suku bunga diakui on an index or interest rate are recognised as
sebagai beban pada periode di mana peristiwa an expense in the period in which the event or
atau kondisi yang memicu pembayaran terjadi. condition that triggers the payment occurs.
55
Page 333
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
z. Aset hak guna dan liabilitas sewa (lanjutan) z. Right-of-use assets and lease liabilities
(continued)
Dalam menghitung nilai kini dari pembayaran In calculating the present value of lease
sewa, Bank menggunakan suku bunga payments, the Bank uses the lessee
pinjaman inkremental penyewa pada tanggal incremental Fund Borrowing rate at the
dimulainya sewa karena suku bunga implisit inception date of the lease since the interest
dalam sewa tidak dapat ditentukan. Setelah rate implicit in the lease cannot be
tanggal dimulainya sewa, jumlah liabilitas sewa determined. After the inception date of the
ditingkatkan untuk mencerminkan pertambahan lease, the amount of the lease liability is
bunga dan dikurangi pembayaran sewa yang increased to reflect the interest increase and
dilakukan. Selain itu, jumlah tercatat liabilitas less lease payments made. Furthermore, the
sewa diukur kembali jika terdapat modifikasi, lease liabilities carrying amount is
perubahan jangka waktu sewa, perubahan remeasured if there are modifications,
pembayaran sewa, atau perubahan dalam changes in term of the lease, lease payments,
penilaian opsi untuk membeli aset pendasar. or the valuation of the option to purchase the
underlying asset.
Sewa jangka pendek (dengan jangka waktu Short-term leases (with term of less or equal
kurang atau sama dengan 12 bulan) dan sewa to 12 months) and leases of low-value assets,
aset bernilai rendah, serta elemen-elemen sewa and elements of those leases, partially or
tersebut, sebagian atau seluruhnya tidak entirely not applying the recognition principles
menerapkan prinsip-prinsip pengakuan yang stipulated by SFAS 116 will be treated the
ditentukan oleh PSAK 116 akan diperlakukan same as operating leases in SFAS 30. The
sama dengan sewa operasi pada PSAK 30. Bank will recognizes these lease payments
Bank akan mengakui pembayaran sewa on a straight-line basis during the lease period
tersebut dengan dasar garis lurus selama masa on the statement of profit or loss and other
sewa dalam laporan laba rugi dan penghasilan comprehensive income. This expense is
komprehensif lain. Beban ini dicatat pada beban recorded under general and administrative
umum dan administrasi dalam laporan laba rugi. expenses in profit or loss.
Penerapan pencatatan PSAK 116 berlaku untuk The recording implementation of SFAS 116 is
seluruh sewa (kecuali sebagaimana yang applied for all leases (except as stated earlier)
disebutkan sebelumnya) sebagai berikut: as follows:
- Menyajikan aset hak guna sebagai bagian - Presents right-of-use assets as part of
dari aset tetap dan liabilitas sewa disajikan fixed assets and lease liabilities presented
sebagai bagian dari liabilitas lain-lain dalam as part of other liabilities in the statement
laporan posisi keuangan, yang diukur pada of financial position which measured at
nilai kini dari pembayaran sewa masa depan; the present value of the future lease
payments;
- Mencatat penyusutan aset hak guna dan - Records depreciation of right-of-use
bunga atas liabilitas sewa dalam laporan assets and interest on lease liabilities in
laba rugi dan penghasilan komprehensif; the statement of profit or loss and other
dan comprehensive income; and
- Memisahkan jumlah total pembayaran ke - Separates the total amount of cash paid
bagian pokok (disajikan dalam kegiatan into a principal portion (presented within
pendanaan) dan bunga (disajikan dalam financing activities) and interest
kegiatan operasional) dalam laporan arus (presented within operating activities) in
kas. the statement of cash flows.
56
Page 334
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
aa. Pelaporan segmen aa. Segment reporting
Informasi segmen diungkapkan untuk Segment information is disclosed to enable
memungkinkan pengguna laporan keuangan users of financial statements to evaluate the
untuk mengevaluasi sifat dan dampak nature and financial effects of the business
keuangan dari aktivitas bisnis yang mana activities in which the Bank are involved in
Bank terlibat dalam lingkungan ekonomi and the economic environment where the
dimana Bank beroperasi. Bank operates.
Segmen operasi adalah komponen dari Bank An operating segment is a component of the
yang terlibat dalam aktivitas bisnis yang Bank that engages in business activities from
menghasilkan pendapatan dan menimbulkan which it may earns revenues and incurs
beban termasuk pendapatan dan beban yang expenses including revenues and expenses
terkait dengan transaksi dengan komponen that relate to transactions with any of the
lain Bank dimana hasil operasinya dikaji ulang Bank’s other components whose operating
secara berkala oleh manajemen kunci untuk results are reviewed regularly by the Bank’s
membuat keputusan mengenai sumber daya key managements to make decision about
yang akan dialokasikan pada segmen tersebut resources allocated to the segment and
dan menilai kinerjanya, serta tersedia assess its performance, and for which
informasi keuangan yang dapat dipisahkan. discrete financial information is available.
Hasil segmen yang dilaporkan kepada Segment’s results that are reported to the
manajemen kunci meliputi komponen- Bank’s key managements include items
komponen yang dapat diatribusikan secara directly attributable to a segment as well as
langsung kepada suatu segmen dan those that can be allocated on a reasonable
komponen-komponen yang dapat basis.
dialokasikan dengan dasar yang wajar.
Bank telah mengidentifikasi dan The Bank has identified and disclosed
mengungkapkan informasi keuangan financial information based on the business
berdasarkan kegiatan bisnis dimana Bank activities (business segments) in which the
terlibat (segmen usaha). Segmen pendapatan, Bank engages. The segments of revenues,
biaya, hasil aset dan liabilitas, termasuk expenses, income from assets and liabilities
bagian yang dapat diatribusikan langsung include ítems directly attributable to a
kepada segmen, serta yang dapat segment as well as those that can be
dialokasikan dengan dasar yang memadai allocated on a reasonable basis to that
untuk segmen tersebut. segment.
ab. Laba per saham ab. Earnings per share
Laba per saham dasar dihitung dengan Basic earnings per share is computed by
membagi laba tahun berjalan dengan rata-rata dividing income for the year with the
tertimbang jumlah saham yang ditempatkan weighted average number of outstanding
dan disetor penuh selama tahun berjalan. issued and fully paid-up common shares
during the year.
57
Page 335
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
ac. Provisi ac. Provisions
Provisi diakui jika Bank memiliki liabilitas kini Provisions are recognised when the Bank
(baik bersifat hukum maupun bersifat has a present obligation (legal or
konstruktif), dimana akibat peristiwa masa lalu, constructive), that as a result of a past event,
besar kemungkinan bahwa penyelesaian it is probable that the settlement of obligation
kewajiban tersebut mengakibatkan arus keluar cause an outflow of resources embodying
sumber daya yang mengandung manfaat economic benefits will be required to settle
ekonomi dan estimasi yang andal mengenai the obligation and a reliable estimate can be
jumlah kewajiban tersebut dapat dibuat. made of the amount of the obligation.
Provisi ditelaah pada setiap tanggal pelaporan Provisions are reviewed at each reporting
dan disesuaikan untuk mencerminkan estimasi date and adjusted to reflect the current best
terbaik yang paling kini. Jika arus keluar sumber estimate. If it is no longer probable that an
daya untuk menyelesaikan kewajiban outflow of resources embodying economic
kemungkinan besar tidak terjadi, maka provisi benefits will be required to settle the
dibatalkan. obligation, the provision is reversed.
ad. Biaya emisi penerbitan saham ad. Shares issuance costs
Biaya emisi saham yang terjadi sehubungan Shares issuance costs related to the public
dengan penawaran saham umum kepada offering of shares are deducted from the
masyarakat dikurangkan langsung dari hasil proceeds and presented as a deduction in
emisi dan disajikan sebagai pengurang pada the “Additional Paid-in-Capital” account
akun “Tambahan Modal Disetor” sebagai under equity section in the statement of
bagian dari ekuitas pada laporan posisi financial position.
keuangan.
ae. Transaksi dan saldo dengan pihak-pihak ae. Transactions and balances with related
berelasi parties
Bank melakukan transaksi dengan pihak-pihak The Bank enters into transactions with
berelasi. Dalam laporan keuangan ini, istilah related parties. In these financial statements,
pihak berelasi sesuai dengan PSAK 224 the term related parties are defined under
tentang “Pengungkapan Pihak-Pihak Berelasi”. SFAS 224 on “Related Party Disclosures”.
Transaksi ini dilakukan berdasarkan The transactions are made based on terms
persyaratan yang disetujui oleh kedua belah agreed by the parties, in which such terms
pihak, dimana persyaratan tersebut mungkin may not be the same as those transactions
tidak sama dengan transaksi yang dilakukan with non-related parties.
dengan pihak-pihak yang tidak berelasi.
Semua transaksi dan saldo yang material All material transactions and balances with
dengan pihak berelasi, baik yang dilakukan related parties, whether or not conducted
dengan syarat normal sebagaimana dilakukan under terms and conditions similar to those
dengan pihak ketiga maupun tidak telah granted to third parties are disclosed in the
diungkapkan pada catatan atas laporan notes to the financial statements.
keuangan.
58
Page 336
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
3. PENILAIAN, ESTIMASI, DAN ASUMSI 3. MATERIAL ACCOUNTING JUDGMENTS,
AKUNTANSI YANG MATERIAL ESTIMATES, AND ASSUMPTIONS
Penyusunan laporan keuangan Bank The preparation of the Bank financial statements
mengharuskan manajemen untuk membuat requires management to make judgments,
pertimbangan, estimasi, dan asumsi yang estimates, and assumptions that affect the
mempengaruhi jumlah yang dilaporkan dari reported amounts of revenues, expenses, assets
pendapatan, beban, aset dan liabilitas, dan and liabilities, and the disclosure of contingent
pengungkapan atas liabilitas kontinjensi pada akhir liabilities at the end of the reporting period.
periode pelaporan. Ketidakpastian mengenai Uncertainty about these assumptions and
asumsi dan estimasi tersebut dapat mengakibatkan estimations could result in outcomes that require
penyesuaian material terhadap nilai tercatat aset a material adjustment to the carrying amounts of
dan liabilitas dalam periode pelaporan berikutnya. the asset and liability affected in future periods.
Penentuan nilai wajar Determination of fair values
Kebijakan akuntansi Bank untuk pengukuran nilai The Bank’s accounting policy on fair value
wajar dibahas di Catatan 2d (ix). measurements is detailed in Note 2d (ix).
Dalam menentukan nilai wajar atas aset In determining the fair value for financial assets
keuangan dan liabilitas keuangan dimana and liabilities for which there is no observable
tidak terdapat harga pasar yang dapat market price, the Bank should use the valuation
diobservasi. Bank harus menggunakan teknik techniques. For financial instruments that are
penilaian. Untuk instrumen keuangan yang jarang traded infrequently and have little price
diperdagangkan dan tidak memiliki harga yang transparency, fair value is less objective and
transparan, nilai wajarnya menjadi kurang objektif requires varying degrees of judgment depending
sehingga membutuhkan tingkat pertimbangan yang on liquidity, concentration, uncertainly of market
beragam. Hal tersebut bergantung pada likuiditas, factors, pricing assumptions and other risks
konsentrasi, ketidakpastian faktor pasar, asumsi affecting the specific instrument.
penentuan harga, dan risiko lainnya yang
mempengaruhi instrumen tertentu.
Bila nilai wajar aset keuangan dan liabilitas When the fair values of financial assets and
keuangan yang tercatat pada laporan posisi financial liabilities recorded in the statement of
keuangan tidak tersedia di pasar aktif, nilainya financial position cannot be derived from active
ditentukan dengan menggunakan berbagai teknik markets, they are determined using a variety of
penilaian termasuk penggunaan model valuation techniques that include the use of
matematika. Masukan (input) untuk model ini mathematical models. The inputs to these models
berasal dari data pasar yang bisa diamati are derived from observable market data where
sepanjang data tersebut tersedia. possible.
Bila data pasar yang bisa diamati tersebut tidak When observable market data are not available,
tersedia, pertimbangan manajemen diperlukan management’s judgment is required to establish
untuk menentukan nilai wajar. Pertimbangan fair values. The management’s judgments
manajemen tersebut mencakup pertimbangan include considerations of liquidity and model
likuiditas dan masukan model seperti volatilitas inputs such as volatility for long-term derivatives
untuk transaksi derivatif yang berjangka waktu and discount rates, early payment rates, and
panjang dan tingkat diskonto, tingkat pelunasan default rate assumptions.
dipercepat, dan asumsi tingkat gagal bayar.
59
Page 337
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
3. PENILAIAN, ESTIMASI, DAN ASUMSI 3. MATERIAL ACCOUNTING JUDGMENTS,
AKUNTANSI YANG MATERIAL (lanjutan) ESTIMATES, AND ASSUMPTIONS (continued)
Kontinjensi Contingencies
Bank sedang terlibat dalam proses hukum. The Bank is currently involved in legal
Perkiraan biaya kemungkinan bagi penyelesaian proceedings. The estimate of the probable cost
klaim telah dikembangkan melalui konsultasi for the resolution of claims has been developed in
dengan bantuan konsultan hukum Bank didasarkan consultation with the aid of the external legal
pada analisis hasil yang potensial. Manajemen counsel handling the Bank’s defense in this
tidak berkeyakinan bahwa hasil dari hal ini akan matter and is based upon an analysis of potential
mempengaruhi hasil usaha. Besar kemungkinan, results. Management does not believe that the
bagaimanapun, bahwa hasil operasi di masa depan outcome of this matter will affect the results of
dapat secara material terpengaruh oleh perubahan operations. It is probable, however, that future
dalam estimasi atau efektivitas dari strategi yang results of operations could be materially affected
terkait dengan hal tersebut. by changes in the estimates or in the
effectiveness of the strategies relating to these
proceedings.
Cadangan kerugian penurunan nilai atas aset Allowance for impairment losses on financial
keuangan assets
Evaluasi atas kerugian penurunan nilai aset Financial assets accounted for at amortised cost
keuangan yang dicatat pada biaya perolehan are evaluated for impairment on a basis
diamortisasi dijelaskan di Catatan 2e. described in Note 2e.
Cadangan kerugian penurunan nilai terkait dengan The specific counterparty component of the total
pihak lawan spesifik dalam seluruh cadangan allowances for impairment applies to claims
kerugian penurunan nilai dibentuk atas tagihan evaluated individually for impairment and is
yang penurunan nilainya dievaluasi secara based upon management’s best estimate of the
individual berdasarkan estimasi terbaik manajemen present value of the cash flows that are expected
atas nilai tunai arus kas yang diharapkan akan to be received.
diterima.
Dalam mengestimasi arus kas ini, manajemen In estimating these cash flows, the management
membuat pertimbangan mengenai kondisi makes judgments about the counterparty’s
keuangan dari pihak lawan dan nilai neto yang financial situation and the net realisable value of
dapat direalisasi dari agunan yang diterima. Setiap any underlying collateral. Each impaired asset is
aset yang mengalami penurunan nilai dievaluasi assessed on its merits and the workout strategy
dan strategi penyelesaiannya serta estimasi arus and estimated cash flows considered recoverable
kas yang dinilai dapat diperoleh kembali secara are independently approved by the Credit Risk
independen disetujui oleh Bagian Risiko Kredit. Unit.
Evaluasi cadangan kerugian penurunan nilai Allowance for impairment collectively assessed
secara kolektif meliputi kerugian kredit yang cover credit losses inherent in portfolios of claims
melekat pada portofolio tagihan dengan with similar economic characteristics when there
karakteristik ekonomi yang serupa ketika terdapat is an objective evidence to suggest that they
bukti objektif bahwa telah terjadi penurunan nilai contain impaired receivables but the individual
tagihan dalam portofolio tersebut namun impaired items cannot yet be identified.
penurunan nilai secara individu belum dapat
diidentifikasi.
60
Page 338
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
3. PENILAIAN, ESTIMASI, DAN ASUMSI 3. MATERIAL ACCOUNTING JUDGMENTS,
AKUNTANSI YANG MATERIAL (lanjutan) ESTIMATES, AND ASSUMPTIONS (continued)
Cadangan kerugian penurunan nilai atas aset Allowance for impairment losses on financial
keuangan (lanjutan) assets (continued)
Dalam menentukan perlunya membentuk In assessing the need for collective loan loss
cadangan kerugian penurunan nilai kredit secara allowances, management considers factors such
kolektif, manajemen mempertimbangkan faktor- as credit quality, portfolio size, concentrations,
faktor seperti kualitas kredit, besarnya portofolio, and economic factors. In order to estimate the
konsentrasi kredit, dan faktor-faktor ekonomi. required allowance, assumptions are made to
ekonomi saat ini. Ketepatan dari cadangan ini define the way inherent losses are modeled and
bergantung pada seberapa tepat estimasi arus to determine the required input parameters based
kas masa depan untuk menentukan cadangan on historical experience and current economic
individual, serta asumsi model dan parameter conditions. The accuracy of the allowances
yang digunakan dalam menentukan cadangan depends on how well these estimates on future
kolektif. cash flows for specific counterparty’s allowances
and the model assumptions and parameters are
used in determining collective allowances.
Revaluasi aset tetap Revaluation of fixed assets
Revaluasi aset tetap Bank bergantung pada The Bank’s fixed assets revaluation depend on
pemilihan asumsi yang digunakan oleh penilai the selection of certain assumptions used by the
independen dalam menghitung jumlah-jumlah independent appraiser in calculating such
tersebut. Asumsi untuk tersebut termasuk harga amounts. Those assumptions include market
pasar tingkat diskonto, tingkat kenaikan value, discount rate, revenue and cost increase
pendapatan dan biaya, dan ekspektasi masa rate, and expected useful life. The Bank believes
manfaat. Bank berkeyakinan bahwa asumsi that the assumptions are reasonable and
tersebut adalah wajar dan sesuai. Perbedaan appropriate. Significant differences in the Bank’s
signifikan dalam asumsi yang ditetapkan Bank assumptions may materially affect the valuation
dapat mempengaruhi secara material nilai aset of its fixed assets.
tetap yang direvaluasi.
Penurunan nilai aset non keuangan Impairment of non-financial assets
Bank mengakui kerugian penurunan nilai apabila The Bank recognises an impairment loss
nilai tercatat aset melebihi nilai yang dapat whenever the carrying amount of an asset
dipulihkan. Jumlah terpulihkan adalah nilai yang exceeds its recoverable amount. The recoverable
lebih tinggi antara nilai wajar dikurang biaya untuk amount is the higher of an asset’s (or cash-
menjual dengan nilai pakai aset (atau unit penghasil generating units) fair value less cost to sell and its
kas). Jumlah terpulihkan diestimasi untuk aset value in use. Recoverable amounts are estimated
individual atau jika tidak memungkinkan, untuk unit for individual assets or if it is not possible, for the
penghasil kas yang mana aset tersebut merupakan cash-generating unit to which the asset belongs.
bagian daripada unit tersebut.
61
Page 339
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
3. PENILAIAN, ESTIMASI, DAN ASUMSI 3. MATERIAL ACCOUNTING JUDGMENTS,
AKUNTANSI YANG MATERIAL (lanjutan) ESTIMATES, AND ASSUMPTIONS (continued)
Imbalan kerja karyawan Employee benefits
Nilai kini atas imbalan kerja karyawan tergantung The present value of the employee benefit
dari banyaknya faktor yang dipertimbangkan oleh obligations depends on a number of factors that
aktuaris berdasarkan beberapa asumsi. Perubahan are determined on an actuarial basis using a
atas asumsi-asumsi tersebut akan mempengaruhi number of assumptions. Any changes in these
nilai tercatat atas imbalan kerja karyawan. assumptions will impact the carrying amount of
employee benefit obligations.
Asumsi yang digunakan dalam menentukan biaya The assumptions used in determining the net cost
atau pendapatan untuk imbalan kerja termasuk or income for employee benefits include the
tingkat diskonto dan tingkat kenaikan gaji masa discount rate and rate of future salary increase.
datang. Bank menentukan tingkat diskonto yang The Bank determines the appropriate discount
tepat pada setiap akhir periode pelaporan. Tingkat rate at the end of each reporting period. The
diskonto adalah tingkat suku bunga yang harus discount rate is interest rate that should be used
digunakan untuk menentukan nilai kini atas to determine the present value of estimated future
estimasi arus kas keluar masa depan yang cash outflows expected to be required to settle
diharapkan untuk menyelesaikan kewajiban the pension obligations. In determining the
pensiun. Dalam menentukan tingkat suku bunga appropriate discount rate, the Bank considers the
yang sesuai, Bank mempertimbangkan tingkat interest rates of government bonds that are
suku bunga obligasi pemerintah yang denominated in the currency in which the benefits
didenominasikan dalam mata uang imbalan akan will be paid and that have terms to maturity
dibayar dan memiliki jangka waktu yang serupa approximating the terms of the related pension
dengan jangka waktu kewajiban pensiun yang obligation. For the rate of future salary increases,
terkait. Untuk tingkat kenaikan gaji masa datang, the Bank collects all historical data relating to
Bank mengumpulkan data historis mengenai changes in base salaries and adjusts it for future
perubahan gaji dasar pekerja dan business plans. Other key assumptions for
menyesuaikannya dengan perencanaan bisnis pension obligations are based in part on current
masa datang. Asumsi kunci kewajiban pensiun market conditions. Additional information is
lainnya sebagian ditentukan berdasarkan kondisi disclosed in Note 36.
pasar saat ini. Informasi tambahan diungkapkan
pada Catatan 36.
Alokasi harga beli dan penurunan nilai goodwill Purchase price allocation and goodwill
impairment
Akuntansi akuisisi mensyaratkan penggunaan Acquisition accounting requires extensive use of
estimasi akuntansi secara ekstensif dalam accounting estimates to allocate the purchase
mengalokasikan harga beli kepada nilai pasar wajar price to the reliable fair market values of the
yang dapat diandalkan atas aset dan liabilitas yang assets and liabilities purchased including
diperoleh termasuk goodwill. Akuisisi bisnis tertentu intangible assets. Certain business acquisitions
oleh Grup menimbulkan goodwill. Sesuai dengan of the Group have resulted in goodwill. Under
PSAK 103 “Kombinasi Bisnis”, goodwill tidak SFAS 103 “Business Combinations”, such
diamortisasi dan diuji bagi penurunan nilai setiap goodwill is not amortised and subject to an annual
tahunnya. Penjelasan lebih rinci diungkapkan dalam impairment testing. Further details are disclosed
Catatan 14. in Note 14.
Uji penurunan nilai dilakukan apabila terdapat Impairment testing is performed when certain
indikasi penurunan nilai. Dalam hal goodwill, aset impairment indicators are present. In the case of
diuji untuk penurunan nilai setiap tahunnya. Jika goodwill, such assets are subject to annual
terdapat indikasi penurunan nilai, manajemen harus impairment testing and whenever there is an
menggunakan pertimbangan dalam mengestimasi indication that such asset may be impaired,
nilai terpulihkan dan menentukan jumlah penurunan management has to use its judgment in
nilai. estimating the recoverable value and determining
the amount of impairment.
62
Page 340
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
3. PENILAIAN, ESTIMASI, DAN ASUMSI 3. MATERIAL ACCOUNTING JUDGMENTS,
AKUNTANSI YANG MATERIAL (lanjutan) ESTIMATES, AND ASSUMPTIONS (continued)
Aset pajak tangguhan Deferred tax assets
Aset pajak tangguhan diakui atas jumlah pajak Deferred tax assets are recognised for the future
penghasilan terpulihkan pada periode mendatang recoverable taxable income arising from
sebagai akibat dari perbedaan temporer. Justifikasi temporary difference. Management’s judgment is
manajemen diperlukan untuk menentukan jumlah required to determine the amount of deferred tax
aset pajak tangguhan yang dapat diakui sesuai assets that can be recognised based upon the
dengan perkiraan waktu dan tingkat laba fiskal di likely timing and level of future taxable profits
masa mendatang sejalan dengan strategi rencana together with future tax strategy.
perpajakan ke depan.
Pajak penghasilan Income tax
Bank mengakui liabilitas atas pajak penghasilan The Bank recognised liabilities for corporate
badan berdasarkan estimasi apakah akan terdapat income tax based on estimation of whether
tambahan pajak penghasilan badan. additional corporate income tax will be due.
4. KAS 4. Cash
31 Desember/December 31
2024 2023
Jumlah Jumlah
nosional nosional
mata uang mata uang
asing asing
(nilai penuh)/ (nilai penuh)/
Notional Notional
amount in Ekuivalen amount in Ekuivalen
foreign Rupiah/ foreign Rupiah/
currencies Rupiah currencies Rupiah
(full amount) equivalent (full amount) equivalent
Rupiah 140.044 154.507 Rupiah
Mata uang asing Foreign currencies
Dolar Singapura 1.644.280 19.476 4.154.150 48.505 Singapore Dollar
Dolar Amerika Serikat 417.064 6.713 477.654 7.354 United States Dollar
Yuan Renminbi Cina 1.412.350 3.105 1.139.950 2.473 Chinese Yuan Renminbi
Jumlah 169.338 212.839 Total
Pada tanggal 31 Desember 2024 dan 2023, saldo As of December 31, 2024 and 2023, the balance
kas dalam mata uang Rupiah termasuk kas pada of cash in Rupiah include cash in ATM amounting
ATM, masing-masing sebesar Rp1.691 dan to Rp1,691 and Rp1,477, respectively.
Rp1.477.
63
Page 341
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
5. GIRO PADA BANK INDONESIA 5. CURRENT ACCOUNTS WITH BANK INDONESIA
31 Desember/December 31
2024 2023
Rupiah 1.126.864 1.314.035 Rupiah
Dolar Amerika Serikat 363.723 238.646 United States Dollar
Jumlah 1.490.587 1.552.681 Total
Giro Wajib Minimum (GWM) Bank sesuai dengan Minimum Statutory Reserves (GWM) in
Peraturan Bank Indonesia (PBI) dan Peraturan accordance with Bank Indonesia Regulation (PBI)
Anggota Dewan Gubernur (PADG) diungkapkan and Regulation of the Members of The Board of
pada Catatan 42. Governors (PADG) are disclosed in Note 42.
6. GIRO PADA BANK LAIN 6. CURRENT ACCOUNTS WITH OTHER BANKS
a. Berdasarkan mata uang: a. By currencies:
31 Desember/December 31
2024 2023
Jumlah Jumlah
nosional nosional
mata uang mata uang
asing asing
(nilai penuh)/ (nilai penuh)/
Notional Notional
amount in Ekuivalen amount in Ekuivalen
foreign Rupiah/ foreign Rupiah/
currencies Rupiah currencies Rupiah
(full amount) equivalent (full amount) equivalent
Rupiah - 470 - 39.990 Rupiah
Mata uang asing Foreign currencies
Dolar Amerika Serikat 5.925.393 95.369 2.720.846 41.893 United States Dollar
Yuan Renminbi Cina 23.864.995 52.467 13.587.353 29.478 Chinese Yuan Renminbi
Dolar Singapura 879.684 10.419 1.679.205 19.607 Singapore Dollar
Dolar Australia 441.883 4.425 156.687 1.647 Australian Dollar
Yen Jepang 17.075.969 1.759 14.978.638 1.631 Japanese Yen
Euro Eropa 36.691 615 66.609 1.135 European Euro
Poundsterling
Britania Raya 2.628 53 189.384 3.717 Great Britain Poundsterling
Dolar Hong Kong 23.520 49 22.211 44 Hong Kong Dollar
165.156 99.152
Jumlah 165.626 139.142 Total
Cadangan kerugian Allowance for
penurunan nilai (169) (126) impairment losses
Neto 165.457 139.016 Net
64
Page 342
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
6. GIRO PADA BANK LAIN (lanjutan) 6. CURRENT ACCOUNTS WITH OTHER BANKS
(continued)
b. Berdasarkan transaksi dengan pihak berelasi b. By related parties and third parties:
dan pihak ketiga:
31 Desember/December 31
2024 2023
Pihak berelasi Related parties
Mata uang asing Foreign currencies
China Construction Bank China Construction Bank
Corporation, Cabang Shenzhen 24.761 17.877 Corporation, Shenzhen Branch
China Construction Bank China Construction Bank
Corporation, Cabang Zhejiang 20.715 7.470 Corporation, Zhejiang Branch
China Construction Bank China Construction Bank
Corporation, Cabang Tokyo 1.759 1.631 Corporation, Tokyo Branch
China Construction Bank China Construction Bank
Corporation, Cabang London 53 3.717 Corporation, London Branch
47.288 30.695
Pihak ketiga Third parties
Rupiah Rupiah
PT Bank Central Asia Tbk 361 24.953 PT Bank Central Asia Tbk
PT Bank Maybank Indonesia Tbk 54 12.832 PT Bank Maybank Indonesia Tbk
PT Bank CIMB Niaga Tbk 31 39 PT Bank CIMB Niaga Tbk
PT Bank Mandiri (Persero) Tbk 24 2.166 PT Bank Mandiri (Persero) Tbk
Mata uang asing Foreign currencies
Citibank N.A., New York 76.576 8.861 Citibank N.A., New York
United Overseas Bank Ltd. United Overseas Bank Ltd.
Singapura 10.419 19.607 Singapore
J.P Morgan Chase Bank, J.P. Morgan Chase Bank,
New York 10.331 22.802 New York
PT Bank ICBC Indonesia 6.324 4.130 PT Bank ICBC Indonesia
PT Bank Central Asia Tbk 4.512 6.188 PT Bank Central Asia Tbk
ANZ Australia 4.425 1.648 ANZ Australia
PT Bank Mandiri (Persero) Tbk 3.222 3.086 PT Bank Mandiri (Persero) Tbk
Standard Chartered Bank, Standard Chartered Bank,
Amerika Serikat 728 956 United States
Bank of China Hongkong 667 - Bank of China Hongkong
Citibank N.A., London 615 1.135 Citibank N.A., London
Standard Chartered Bank, Standard Chartered Bank,
Hong Kong 49 44 Hong Kong
118.338 108.447
Jumlah 165.626 139.142 Total
Cadangan kerugian
penurunan nilai (169) (126) Allowance for impairment losses
Neto 165.457 139.016 Net
c. Tingkat suku bunga efektif rata-rata setahun: c. Average effective interest rates per annum:
31 Desember/December 31
2024 2023
Rupiah 0,64% 0,69% Rupiah
Mata uang asing 2,19% 1,40% Foreign currencies
65
Page 343
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
6. GIRO PADA BANK LAIN (lanjutan) 6. CURRENT ACCOUNTS WITH OTHER BANKS
(continued)
d. Perubahan nilai tercatat bruto atas giro pada d. Movements in the gross carrying amount of
bank lain adalah sebagai berikut: current accounts with other banks are as
follows:
Tahap 1/ Tahap 2/ Tahap 3/
Stage 1 Stage 2 Stage 3 Total
Nilai tercatat bruto awal Initial gross carrying amount
1 Januari 2023 279.436 - - 279.436 January 1, 2023
Aset baru 22.802 - - 22.802 New assets originated
Aset dihentikan
pengakuannya atau Assets derecognized
dilunasi (kecuali or repaid
hapus buku) (3) - - (3) (excluding write-offs)
Pengukuran kembali (163.093) - - (163.093) Remeasurement
31 Desember 2023 139.142 - - 139.142 December 31, 2023
Aset baru 667 - - 667 New assets originated
Aset dihentikan
pengakuannya atau Assets derecognized
dilunasi (kecuali or repaid
hapus buku) - - - - (excluding write-offs)
Pengukuran kembali 25.817 - - 25.817 Remeasurement
31 Desember 2024 165.626 - - 165.626 December 31, 2024
e. Perubahan cadangan kerugian penurunan nilai e. Movements in the allowance for
atas giro pada bank lain adalah sebagai berikut: impairment losses amount of current
accounts with other banks are as
follows:
Tahap 1/ Tahap 2/ Tahap 3/
Stage 1 Stage 2 Stage 3 Total
Saldo awal Beginning balance
1 Januari 2023 282 - - 282 January 1, 2023
Aset baru 19 - - 19 New assets originated
Aset dihentikan
pengakuannya atau Assets derecognized
dilunasi (kecuali or repaid
hapus buku) - - - - (excluding write-offs)
Pengukuran kembali (175) - - (175) Remeasurement
31 Desember 2023 126 - - 126 December 31, 2023
Aset baru 1 - - 1 New assets originated
Aset dihentikan
pengakuannya atau Assets derecognized
dilunasi (kecuali or repaid
hapus buku) - - - - (excluding write-offs)
Pengukuran kembali 42 - - 42 Remeasurement
31 Desember 2024 169 - - 169 December 31, 2024
f. Manajemen Bank berkeyakinan bahwa jumlah f. The Bank’s management believes that
cadangan kerugian penurunan nilai adalah the allowance for impairment losses is
cukup untuk menutup kemungkinan kerugian adequate to cover possible impairment
penurunan nilai atas tidak tertagihnya giro pada losses from uncollectible current
bank lain. accounts with other banks.
66
Page 344
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
7. PENEMPATAN PADA BANK INDONESIA DAN 7. PLACEMENTS WITH BANK INDONESIA AND
BANK LAIN OTHER BANKS
a. Berdasarkan jenis dan mata uang: a. By type and currency:
31 Desember/December 31
2024 2023
Rupiah Rupiah
Pihak ketiga Third parties
PT Bank DBS Indonesia - 45.000 PT Bank DBS Indonesia
- 45.000
Mata uang asing Foreign currencies
Pihak ketiga Third parties
PT Bank Shinhan Indonesia 241.425 - PT Bank Shinhan Indonesia
Bank Indonesia 96.582 - Bank Indonesia
338.007 -
Jumlah 338.007 45.000 Total
Cadangan kerugian penurunan nilai (1) (1) Allowance for impairment losses
Jumlah 338.006 44.999 Total
b. Tingkat suku bunga efektif setahun: b. Effective interest rates per annum:
31 Desember/December 31
2024 2023
Rupiah 1,36% - 2,30% 2,87% - 5,88% Rupiah
Mata uang asing 1,07% - 4,57% 1,60% - 4,34% Foreign currencies
c. Sisa umur hingga jatuh tempo atas penempatan c. The remaining period until maturity on
pada Bank Indonesia dan bank lain adalah di placements with Bank Indonesia and other
bawah 3 bulan. banks is under 3 months.
d. Perubahan nilai tercatat bruto atas penempatan d. Movements in the gross carrying amount of
pada Bank Indonesia dan bank lain adalah placement with Bank Indonesia and other
sebagai berikut: banks are as follows:
Tahap 1/ Tahap 2/ Tahap 3/
Stage 1 Stage 2 Stage 3 Total
Nilai tercatat bruto awal Initial gross carrying amount
1 Januari 2023 624.216 - - 624.216 January 1, 2023
Aset baru 45.000 - - 45.000 New assets originated
Aset dihentikan
pengakuannya atau Assets derecognized
dilunasi (kecuali or repaid
hapus buku) (624.216) - - (624.216) (excluding write-offs)
31 Desember 2023 45.000 - - 45.000 December 31, 2023
Aset baru 338.007 - - 338.007 New assets originated
Aset dihentikan
pengakuannya atau Assets derecognized
dilunasi (kecuali or repaid
hapus buku) (45.000) - - (45.000) (excluding write-offs)
31 Desember 2024 338.007 - - 338.007 December 31, 2024
67
Page 345
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
7. PENEMPATAN PADA BANK INDONESIA DAN 7. PLACEMENTS WITH BANK INDONESIA AND
BANK LAIN (lanjutan) OTHER BANKS (continued)
e. Perubahan cadangan kerugian penurunan nilai e. The movements in the allowance for
atas penempatan pada Bank Indonesia dan impairment losses of placement with Bank
bank lain adalah sebagai berikut: Indonesia and other banks are as follows:
Tahap 1/ Tahap 2/ Tahap 3/
Stage 1 Stage 2 Stage 3 Total
Saldo awal Beginning balance
1 Januari 2023 - - - - January 1, 2023
Aset baru 1 - - 1 New assets originated
Aset dihentikan
pengakuannya atau Assets derecognized
dilunasi (kecuali or repaid
hapus buku) - - - - (excluding write-offs)
31 Desember 2023 1 - - 1 December 31, 2023
Aset baru 1 - - 1 New assets originated
Aset dihentikan
pengakuannya atau Assets derecognized
dilunasi (kecuali or repaid
hapus buku) (1) - - (1) (excluding write-offs)
31 Desember 2024 1 - - 1 December 31, 2024
f. Manajemen Bank berkeyakinan bahwa jumlah f. The Bank’s management believes that the
cadangan kerugian penurunan nilai adalah allowance for impairment losses is adequate
cukup untuk menutup kemungkinan kerugian to cover possible impairment losses from
penurunan nilai atas tidak tertagihnya uncollectible placement with Bank Indonesia
penempatan pada Bank Indonesia dan bank and other banks.
lain.
8. EFEK-EFEK 8. MARKETABLE SECURITIES
a. Berdasarkan tujuan, jenis, dan mata uang: a. By purpose, type and currency:
31 Desember/December 31
2024 2023
Diukur pada Measured at fair value
nilai wajar melalui penghasilan through other
komprehensif lain comprehensive income
Pihak ketiga Third parties
Obligasi pemerintah Government bonds
IDSR071125364S 585.062 - IDSR071125364S
IDSR171025364S 498.683 - IDSR171025364S
IDSR141125364S 493.527 - IDSR141125364S
IDSR101025364S 488.566 - IDSR101025364S
IDSR260925364S 337.158 - IDSR260925364S
IDVB0314022025 321.846 - IDVB0314022025
IDSR311025364S 299.702 - IDSR311025364S
IDSR241025364S 299.469 - IDSR241025364S
IDSR240125364S 269.634 - IDSR240125364S
IDSR030125364S 234.514 - IDSR030125364S
IDSR190925364S 192.507 - IDSR190925364S
IDSR031025364S 192.110 - IDSR031025364S
IDSR170125364S 179.679 - IDSR170125364S
IDVB0310012025 161.013 - IDVB0310012025
IDVB0317012025 161.004 - IDVB0317012025
IDVB0324012025 160.996 - IDVB0324012025
IDVB0303012025 160.993 - IDVB0303012025
IDVB0321022025 160.956 - IDVB0321022025
PBS0017 130.690 131.942 PBS0017
VR0033 129.852 129.826 VR0033
PBS036 129.551 129.221 PBS036
68
Page 346
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
8. EFEK-EFEK (lanjutan) 8. MARKETABLE SECURITIES (continued)
a. Berdasarkan tujuan, jenis, dan mata uang: a. By purpose, type and currency: (continued)
(lanjutan)
31 Desember/December 31
2024 2023
Diukur pada Measured at fair value
nilai wajar melalui penghasilan through other
komprehensif lain comprehensive income
Pihak ketiga Third parties
Obligasi pemerintah Government bonds
IDSR080925367S 96.215 - IDSR080925367S
IDSR100125364S 73.604 - IDSR100125364S
IDSR310125364S 49.790 - IDSR310125364S
IDSR180924364S - 498.299 IDSR180924364S
IDSR081124364S - 300.068 IDSR081124364S
PBS031 - 226.224 PBS031
IDSR190624273S - 199.519 IDSR190624273S
SR015 - 181.588 SR015
IDSR111024364S - 149.454 IDSR111024364S
IDSR131224364S - 109.996 IDSR131224364S
IDSR301024364S - 105.076 IDSR301024364S
IDSR181024364S - 104.790 IDSR181024364S
IDSR070824273S - 100.058 IDSR070824273S
IDSR131124364S - 100.053 IDSR131124364S
IDSR041224364S - 100.019 IDSR041224364S
IDSR170524182S - 99.994 IDSR170524182S
IDSR210824273S - 99.972 IDSR210824273S
IDSR220524182S - 99.963 IDSR220524182S
IDSR030724273S - 99.787 IDSR030724273S
IDSR041024364S - 99.663 IDSR041024364S
IDSR090824273S - 90.020 IDSR090824273S
IDSR061224364S - 80.030 IDSR061224364S
IDSR161024364S - 79.734 IDSR161024364S
IDSR030524182S - 70.017 IDSR030524182S
IDSR020824273S - 60.034 IDSR020824273S
IDSR020524183S - 59.988 IDSR020524183S
IDSR271124364S - 51.566 IDSR271124364S
IDSR011124364S - 50.049 IDSR011124364S
IDSR070624182S - 50.021 IDSR070624182S
IDSR050624182S - 50.019 IDSR050624182S
IDSR251024364S - 50.017 IDSR251024364S
IDSR280824273S - 49.994 IDSR280824273S
IDSR270524185S - 49.977 IDSR270524185S
IDSR201124364S - 49.972 IDSR201124364S
IDSR290524182S - 49.971 IDSR290524182S
IDSR230824273S - 49.968 IDSR230824273S
SPN12240201 - 49.956 SPN12240201
IDSR231024364S - 49.910 IDSR231024364S
IDSR310724273S - 45.005 IDSR310724273S
FR0077 - 29.761 FR0077
ORI019 - 19.947 ORI019
IDSR140824273S - 6.685 IDSR140824273S
Total efek-efek yang Total marketable securities measured
diukur pada nilai wajar melalui at fair value through other
penghasilan komprehensif lain 5.807.121 4.208.153 comprehensive income
Diskonto yang belum diamortisasi (134.296) (152.164) Unamortised discount
Jumlah 5.672.825 4.055.989 Total
69
Page 347
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
8. EFEK-EFEK (lanjutan) 8. MARKETABLE SECURITIES (continued)
a. Berdasarkan tujuan, jenis, dan mata uang: a. By purpose, type and currency: (continued)
(lanjutan)
31 Desember/December 31
2024 2023
Diukur pada
biaya perolehan di amortisasi Measured at amortized cost
Pihak ketiga Third parties
Rupiah Rupiah
Efek-efek pemerintah Government securities
Obligasi Negara FR0104 358.296 - Government Bonds FR0104
Obligasi Negara PBSG001 250.000 250.000 Government Bonds PBSG001
Obligasi Negara FR0101 235.259 - Government Bonds FR0101
Obligasi korporasi Corporate bonds
PT Bank Rakyat Indonesia PT Bank Rakyat Indonesia
(Persero) Tbk 200.000 200.000 (Persero) Tbk
Wesel ekspor Export Bill
Wesel Ekspor 0053 42.027 - Export Bill 0053
Wesel Ekspor 0054 18.491 - Export Bill 0054
Wesel Ekspor 0066 38.648 - Export Bill 0066
Total efek-efek yang Total marketable securities measured
diukur pada biaya perolehan at fair value amortized cost
di amortisasi 1.142.721 450.000
Premi yang belum diamortisasi 74 630 Unamortised premium
Jumlah 1.142.795 450.630 Total
Jumlah efek-efek 6.815.620 4.506.619 Total marketable securities
Cadangan kerugian penurunan nilai (104) (152) Allowance for impairment losses
Neto 6.815.516 4.506.467 Net
b. Berdasarkan penerbit: b. By issuer:
31 Desember/December 31
2024 2023
Pemerintah 6.650.676 4.458.153 Government
Korporasi 299.166 200.000 Corporate
Jumlah 6.949.842 4.658.153 Total
Diskonto yang belum diamortisasi (134.222) (151.534) Unamortised discount
Jumlah efek-efek 6.815.620 4.506.619 Total marketable securities
Cadangan kerugian penurunan nilai (104) (152) Allowance for impairment losses
Neto 6.815.516 4.506.467 Net
c. Berdasarkan peringkat: c. By rating:
Peringkat obligasi korporasi yang dimiliki oleh The rating of corporate bonds owned by the
Bank dari PT Pemeringkat Efek Indonesia dan Bank is rated by PT Pemeringkat Efek
PT Fitch Ratings Indonesia, pihak ketiga, Indonesia and PT Fitch Ratings Indonesia,
adalah sebagai berikut: third parties, as follows:
Pemeringkat/ 31 Desember/ 31 Desember/
Rated by December 31, 2024 December 31, 2023
PT Bank Rakyat Fitch Ratings Indonesia BBB BBB PT Bank Rakyat Indonesia
Indonesia (Persero) Tbk PT Pemeringat Efek (Persero) Tbk
Indonesia idAAA idAAA
70
Page 348
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
8. EFEK-EFEK (lanjutan) 8. MARKETABLE SECURITIES (continued)
d. Tingkat suku bunga efektif setahun: d. Effective interest rates per annum:
31 Desember/December 31
2024 2023
Rupiah Rupiah
Obligasi korporasi 5,61% - 7,23% 4,75% - 5,59% Corporate bonds
Efek-efek pemerintah 0,00% - 8,74% 2,06% - 6,10% Government securities
e. Efek–efek yang telah dijual dengan janji dibeli e. Securities sold under agreement to
kembali masing-masing pada tanggal repurchase as of December 31, 2024 and
31 Desember 2024 dan 2023 berjumlah 2023 amounted to Rp2,104,183 and
Rp2.104.183 dan Rp100.000 (Catatan 22). Rp100,000 (Note 22).
f. Perubahan nilai tercatat bruto atas efek-efek f. Movements in the gross carrying amount of
adalah sebagai berikut: securities are as follows:
Tahap 1/ Tahap 2/ Tahap 3/
Stage 1 Stage 2 Stage 3 Total
Nilai tercatat bruto awal Initial gross carrying amount
1 Januari 2023 893.950 - - 893.950 January 1, 2023
Aset baru 3.791.073 - - 3.791.073 New assets originated
Aset dihentikan
pengakuannya atau Assets derecognized
dilunasi (kecuali or repaid
hapus buku) (186.523) - - (186.523) (excluding write-offs)
Pengukuran kembali 8.119 - - 8.119 Remeasurement
31 Desember 2023 4.506.619 - - 4.506.619 December 31, 2023
Aset baru 6.109.749 - - 6.109.749 New assets originated
Aset dihentikan
pengakuannya atau Assets derecognized
dilunasi (kecuali or repaid
hapus buku) (3.817.164) - - (3.817.164) (excluding write-offs)
Pengukuran kembali 16.416 - - 16.416 Remeasurement
31 Desember 2024 6.815.620 - - 6.815.620 December 31, 2024
g. Perubahan cadangan kerugian penurunan nilai g. The movements in the allowance for
atas efek-efek adalah sebagai berikut: impairment losses of securities are as
follows:
Tahap 1/ Tahap 2/ Tahap 3/
Stage 1 Stage 2 Stage 3 Total
Saldo awal Beginning balance
1 Januari 2023 - - - - January 1, 2023
Aset baru 152 - - 152 New assets originated
Aset dihentikan - - - -
pengakuannya atau Assets derecognized
dilunasi (kecuali or repaid
hapus buku) - - - - (excluding write-offs)
31 Desember 2023 152 - - 152 December 31, 2023
Aset baru 11 - - 11 New assets originated
Aset dihentikan
pengakuannya atau Assets derecognized
dilunasi (kecuali or repaid
hapus buku) - - - - (excluding write-offs)
Pengukuran kembali (59) - - (59) Remeasurements
31 Desember 2024 104 - - 104 December 31, 2024
h. Manajemen Bank berkeyakinan bahwa jumlah h. The Bank’s management believes that the
cadangan kerugian penurunan nilai adalah allowance for impairment losses is adequate
cukup untuk menutup kemungkinan kerugian to cover possible impairment losses from
penurunan nilai atas tidak tertagihnya efek-efek. uncollectible securities.
71
Page 349
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
9. TAGIHAN DAN LIABILITAS AKSEPTASI 9. ACCEPTANCE RECEIVABLES AND
PAYABLES
Tagihan dan liabilitas akseptasi merupakan Acceptance receivables and payables represent
akseptasi wesel impor atas dasar letters of credit acceptances arising from import bills, supported
berjangka yang berasal dari nasabah pihak ketiga by letters of credit, which are received from third
dengan rincian berdasarkan: party customers, with details as follows:
a. Berdasarkan mata uang a. By currencies
31 Desember/December 31
2024 2023
Yuan Renminbi Cina 12.262 - Chinese Yuan Renminbi
Jumlah 12.262 - Total
Cadangan kerugian
penurunan nilai (2) - Allowance for impairment losses
Jumlah 12.260 - Total
b. Berdasarkan jangka waktu b. By maturity
31 Desember/December 31
2024 2023
Mata uang asing Foreign currencies
≤ 1 bulan - - ≤ 1 month
> 1 bulan ≤ 3 bulan 12.262 - > 1 month ≤ 3 months
> 3 bulan ≤ 6 bulan - - > 3 months ≤ 6 months
> 6 bulan ≤ 12 bulan - - > 6 months ≤ 12 months
Jumlah 12.262 - Total
Cadangan kerugian
penurunan nilai (2) - Allowance for impairment losses
Jumlah 12.260 - Total
c. Perubahan nilai tercatat bruto atas tagihan c. Movements in the gross carrying amount of
akseptasi adalah sebagai berikut: acceptance receivables are as follows:
Tahap 1/ Tahap 2/ Tahap 3/
Stage 1 Stage 2 Stage 3 Total
Nilai tercatat bruto awal Initial gross carrying amount
1 Januari 2023 - - - - January 1, 2023
Aset baru - - - - New assets originated
Aset dihentikan - - - -
pengakuannya atau Assets derecognized
dilunasi (kecuali or repaid
hapus buku) - - - - (excluding write-offs)
31 Desember 2023 - - - - December 31, 2023
Aset baru 12.262 - - 12.262 New assets originated
Aset dihentikan
pengakuannya atau Assets derecognized
dilunasi (kecuali or repaid
hapus buku) - - - - (excluding write-offs)
31 Desember 2024 12.262 - - 12.262 December 31, 2024
72
Page 350
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
9. TAGIHAN DAN LIABILITAS AKSEPTASI 9. ACCEPTANCE RECEIVABLES AND
(lanjutan) PAYABLES (continued)
d. Perubahan cadangan kerugian penurunan nilai d. Movements in the allowance for impairment
tagihan akseptasi adalah sebagai berikut: losses of acceptance receivables are as
follows:
Tahap 1/ Tahap 2/ Tahap 3/
Stage 1 Stage 2 Stage 3 Total
Saldo awal Beginning balance
1 Januari 2023 - - - - January 1, 2023
Aset baru - - - - New assets originated
Aset dihentikan - - - -
pengakuannya atau Assets derecognized
dilunasi (kecuali or repaid
hapus buku) - - - - (excluding write-offs)
31 Desember 2023 - - - - December 31, 2023
Aset baru 2 - - 2 New assets originated
Aset dihentikan
pengakuannya atau Assets derecognized
dilunasi (kecuali or repaid
hapus buku) - - - - (excluding write-offs)
31 Desember 2024 2 - - 2 December 31, 2024
e. Manajemen Bank berkeyakinan bahwa jumlah e. The Bank’s management believes that the
cadangan kerugian penurunan nilai adalah allowance for impairment losses is adequate
cukup untuk menutup kemungkinan kerugian to cover possible impairment losses from
penurunan nilai atas tidak tertagihnya uncollectible acceptance.
akseptasi.
10. TAGIHAN ATAS EFEK-EFEK YANG DIBELI 10. RECEIVABLES ON SECURITIES PURCHASED
DENGAN JANJI DIJUAL KEMBALI UNDER AGREEMENTS TO RESALE
a. Berdasarkan jenis a. By type
Tagihan atas efek-efek yang dibeli dengan janji Receivables on securities purchased under
dijual kembali (reverse repo) adalah dalam mata agreements to resale (reverse repo) were
uang Rupiah dan ditempatkan pada Bank denominated in Rupiah and are placed at
Indonesia pada tanggal 31 Desember 2023 Bank Indonesia as of December 31, 2023
terdiri dari: consist of:
31 Desember 2023/December 31, 2023
Jenis Pendapatan
obligasi Nilai bunga yang
pemerintah/ Nilai penjualan belum Nilai
Type of nominal/ Tanggal Nilai beli/ kembali/ direalisasi/ tercatat/
Nasabah/ government Nominal dimulai/ Jatuh tempo/ Purchase Resale Unrealized Carrying
Counterparty bonds amount Start date Due date amount amount interest value
Bank Indonesia/ 11 Okt 2023/ 10 Jan 2024/
Bank Indonesia VR0052 300.000 Oct 11, 2023 Jan 10, 2024 288.862 293.353 444 292.909
Bank Indonesia/ 04 Okt 2023/ 3 Jan 2024/
Bank Indonesia VR0052 300.000 Oct 04, 2023 Jan 3, 2024 287.648 292.119 98 292.021
Bank Indonesia/ 25 Okt 2023/ 24 Jan 2024/
Bank Indonesia VR0063 180.000 Oct 25, 2023 Jan 24, 2024 172,074 174.850 701 174.149
Bank Indonesia/ 25 Okt 2023/ 24 Jan 2024/
Bank Indonesia VR0063 120.000 Oct 25, 2023 Jan 24, 2024 114.716 116.572 470 116.102
Bank Indonesia/ 18 Okt 2023/ 17 Jan 2024/
Bank Indonesia VR0056 100.000 Oct 18, 2023 Jan 17, 2024 96.031 97.524 262 97.262
Bank Indonesia/ 15 Nov 2023/ 15 Feb 2024/
Bank Indonesia VR0064 100.000 Nov 15, 2023 Feb 15, 2024 96.004 97.574 768 96.806
1.100.000 1.055.335 1.071.992 2.743 1.069.249
73
Page 351
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
10. TAGIHAN ATAS EFEK-EFEK YANG DIBELI 10. RECEIVABLES ON SECURITIES PURCHASED
DENGAN JANJI DIJUAL KEMBALI (lanjutan) UNDER AGREEMENTS TO RESALE
(continued)
b. Berdasarkan periode jatuh tempo b. By maturity period
Efek-efek yang dibeli dengan janji dijual kembali Securities purchased under resale
akan diselesaikan dalam waktu tidak lebih dari agreements will be settled no more than 12
12 bulan setelah tanggal laporan posisi months after the date of financial positions.
keuangan.
c. Tingkat suku bunga efektif rata-rata setahun c. Average effectives interest rate per annum
31 Desember/December 31
2024 2023
Rupiah - 6,02% Rupiah
d. Manajemen berpendapat bahwa cadangan d. Management believes that no allowance for
kerugian penurunan nilai tidak diperlukan. impairment losses is necessary.
11. KREDIT YANG DIBERIKAN 11. LOANS
a. Berdasarkan jenis kredit a. By type of loans
31 Desember/December 31
2024 2023
Pihak berelasi Related parties
Rupiah Rupiah
Konsumer 4.693 5.567 Consumer
Karyawan 938 1.002 Employee
5.631 6.569
Pihak ketiga Third parties
Rupiah Rupiah
Modal kerja 8.858.720 7.850.352 Working capital
Investasi 6.374.339 3.809.276 Investment
Konsumer 1.423.241 1.467.634 Consumer
Karyawan 1.420 2.185 Employee
16.657.720 13.129.447
Mata uang asing Foreign currencies
Investasi 5.077.951 5.237.672 Investment
Modal Kerja 1.722.499 986.290 Working capital
6.800.450 6.223.962
Jumlah 23.463.801 19.359.978 Total
Cadangan kerugian penurunan nilai (450.922) (513.561) Allowance for impairment losses
Neto 23.012.879 18.846.417 Net
74
Page 352
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
11. KREDIT YANG DIBERIKAN (lanjutan) 11. LOANS (continued)
b. Berdasarkan sektor ekonomi b. By economic sectors
31 Desember/December 31
2024 2023
Rupiah Rupiah
Perantara keuangan 3.768.705 3.078.621 Financial intermediary
Industri pengolahan 2.812.038 1.961.844 Manufacturing
Perdagangan besar dan eceran 2.603.129 1.768.553 Wholesale and retail
Transportasi, pergudangan, dan Transportation, warehousing and
komunikasi 1.801.034 871.094 communication
Konstruksi 1.793.546 1.234.578 Construction
Rumah tangga 1.430.292 1.476.387 Household
Listrik, gas, dan air 566.265 398.635 Electricity, gas and water
Real estate, usaha persewaan,
dan jasa perusahaan 783.724 1.436.608 Real estate, leasing and services
Penyediaan akomodasi dan Accommodation, food and
penyediaan makan minum 536.112 540.177 beverages
Pertambangan 313.170 142.879 Mining
Jasa kesehatan dan kegiatan
sosial 104.035 122.916 Health and social services
Jasa pendidikan 61.601 35.230 Education services
Pertanian, perburuan, dan kehutanan 58.543 42.408 Agriculture, hunting and forestry
Perikanan 17.564 17.585 Fishing
Jasa kemasyarakatan, sosial
budaya, hiburan, dan Social, art, culture, recreation
jasa lainnya 12.338 7.654 and other services
Lain-lain 1.255 847 Others
16.663.351 13.136.016
Mata uang asing Foreign currencies
Industri pengolahan 3.600.908 2.242.691 Manufacturing
Listrik, gas, dan air 1.736.978 2.901.778 Electricity, gas and water
Pertambangan dan penggalian 578.345 591.223 Mining and excavation
Perdagangan besar dan eceran 404.148 1.750 Wholesale and retail
Real estate, usaha persewaan,
dan jasa perusahaan 340.006 416.544 Real estate, leasing and services
Penyediaan akomodasi dan Accommodation, food, and
penyediaan makan minum 80.475 - beverages
Perantara keuangan 39.119 37.352 Financial intermediary
Transportasi, pergudangan, dan Transportation, warehousing
komunikasi 20.471 32.624 and communication
6.800.450 6.223.962
Jumlah 23.463.801 19.359.978 Total
Cadangan kerugian penurunan nilai (450.922) (513.561) Allowance for impairment losses
Neto 23.012.879 18.846.417 Net
75
Page 353
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
11. KREDIT YANG DIBERIKAN (lanjutan) 11. LOANS (continued)
c. Berdasarkan jatuh tempo perjanjian kredit c. By maturity based on loan agreement
31 Desember/December 31
2024 2023
Rupiah Rupiah
≤ 1 tahun 6.375.555 5.084.037 ≤ 1 year
> 1 - 2 tahun 830.628 980.170 > 1 - 2 years
> 2 - 5 tahun 3.928.029 3.673.694 > 2 - 5 years
> 5 tahun 5.529.139 3.398.115 > 5 years
16.663.351 13.136.016
Mata uang asing Foreign currencies
≤ 1 tahun 1.119.293 601.887 ≤ 1 year
> 1 - 2 tahun 126.740 187.105 > 1 - 2 years
> 2 - 5 tahun 3.301.957 1.012.715 > 2 - 5 years
> 5 tahun 2.252.460 4.422.255 > 5 years
6.800.450 6.223.962
Jumlah 23.463.801 19.359.978 Total
Cadangan kerugian penurunan nilai (450.922) (513.561) Allowance for impairment losses
Neto 23.012.879 18.846.417 Net
d. Kredit yang diberikan kepada karyawan d. Employee loans
Kredit yang diberikan kepada karyawan terdiri Loans to employees consist of loans with
dari kredit untuk tahun yang berakhir pada annual interest ranging from 5.00%-9.25%
tanggal 31 Desember 2024 dan 2023, untuk for the years ended December 31, 2024 and
membeli rumah, kendaraan bermotor, dan 2023, respectively, which are intended for
keperluan pribadi lainnya, dengan suku bunga acquisition of houses, motor vehicles and
per tahun masing-masing sebesar other personal needs of the employees.
5,00%-9,25%. Kredit ini berjangka waktu antara These loans will mature within 1 year to 19
1 tahun sampai dengan 19 tahun dan dilunasi years and are collected through monthly
melalui pemotongan gaji karyawan setiap payroll deductions.
bulan.
Kredit yang diberikan kepada pihak-pihak Loans to related parties as of December 31,
berelasi pada tanggal 31 Desember 2024 dan 2024 and 2023 amounted to Rp5,631 and
2023 masing-masing berjumlah Rp5.631 dan Rp6,569, (Note 34) respectively, which are
Rp6.569 (Catatan 34) yang diberikan kepada given to Board of Commissioners, Board of
dewan komisaris, direksi, dan pejabat eksekutif Directors and executive officers, and are
dan diklasifikasikan lancar. classified as current.
e. Tingkat suku bunga efektif rata-rata setahun: e. Average effective interest rates per annum:
31 Desember/December 31
2024 2023
Rupiah 8,05% 7,94% Rupiah
Mata uang asing 6,79% 6,81% Foreign currencies
76
Page 354
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
11. KREDIT YANG DIBERIKAN (lanjutan) 11. LOANS (continued)
f. Perubahan nilai tercatat bruto atas kredit yang f. Movements in the gross carrying amount of
diberikan adalah sebagai berikut: loans are as follows:
Tahap 1/ Tahap 2/ Tahap 3/
Stage 1 Stage 2 Stage 3 Total
Nilai tercatat bruto awal Initial gross carrying amount
1 Januari 2023 16.035.075 85.002 567.208 16.687.285 January 1, 2023
Aset baru 3.297.345 16.177 3.253 3.316.775 New assets originated
Aset dihentikan
pengakuannya atau Assets derecognized
dilunasi (kecuali or repaid
hapus buku) (3.772.572) (19.320) (58.081) (3.849.973) (excluding write-offs)
Pengalihan ke Tahap 1 2.879 (2.879) - - Transfers to Stage 1
Pengalihan ke Tahap 2 (309.032) 310.632 (1.600) - Transfers to Stage 2
Pengalihan ke Tahap 3 (58.664) (64.531) 123.195 - Transfers to Stage 3
Pengukuran kembali 3.231.889 4.528 (7.190) 3.229.227 Remeasurement
Penghapusbukuan - - (67.797) (67.797) Bad debts written-off
Perubahan valuta asing 42.697 - 1.764 44.461 Foreign exchange changes
31 Desember 2023 18.469.617 329.609 560.752 19.359.978 December 31, 2023
Aset baru 4.575.692 1.536 1.983 4.579.211 New assets originated
Aset dihentikan
pengakuannya atau Assets derecognized
dilunasi (kecuali or repaid
hapus buku) (2.518.232) (17.812) (41.104) (2.577.148) (excluding write-offs)
Pengalihan ke Tahap 1 4.407 (4.264) (143) - Transfers to Stage 1
Pengalihan ke Tahap 2 (17.766) 17.766 - - Transfers to Stage 2
Pengalihan ke Tahap 3 ` (500.539) (297.016) 797.555 - Transfers to Stage 3
Pengukuran kembali 2.533.787 (6.415) 16.759 2.544.131 Remeasurement
Penghapusbukuan - - (232.099) (232.099) Bad debts written-off
Perubahan valuta asing (192.402) - (17.870) (210.272) Foreign exchange changes
31 Desember 2024 22.354.564 23.404 1.085.833 23.463.801 December 31, 2024
g. Perubahan cadangan kerugian penurunan nilai g. The movements in the allowance for
atas kredit yang diberikan adalah sebagai impairment losses of loans are as follows:
berikut:
Tahap 1/ Tahap 2/ Tahap 3/
Stage 1 Stage 2 Stage 3 Total
Nilai tercatat bruto awal Initial gross carrying amount
1 Januari 2023 32.723 9.853 412.170 454.746 January 1, 2023
Aset baru 3.257 2.481 919 6.657 New assets originated
Aset dihentikan
pengakuannya atau Assets derecognized
dilunasi (kecuali or repaid
hapus buku) (9.070) (2.549) (17.538) (29.157) (excluding write-offs)
Pengalihan ke Tahap 1 6 (6) - - Transfers to Stage 1
Pengalihan ke Tahap 2 (71.650) 72.016 (366) - Transfers to Stage 2
Pengalihan ke Tahap 3 (24.537) (43.842) 68.379 - Transfers to Stage 3
Pengukuran kembali 99.716 36.969 14.663 151.348 Remeasurement
Penghapusbukuan - - (67.797) (67.797) Bad debts written-off
Perubahan valuta asing - - (2.236) (2.236) Foreign exchange changes
31 Desember 2023 30.445 74.922 408.194 513.561 December 31, 2023
Aset baru 5.636 230 574 6.440 New assets originated
Aset dihentikan
pengakuannya atau Assets derecognized
dilunasi (kecuali or repaid
hapus buku) (2.966) (2.075) 4.999 (42) (excluding write-offs)
Pengalihan ke Tahap 1 (87.719) 2.098 85.621 Transfers to Stage 1
Pengalihan ke Tahap 2 91 (81.480) 81.389 - Transfers to Stage 2
Pengalihan ke Tahap 3 - - - - Transfers to Stage 3
Pengukuran kembali 80.966 9.094 65.376 155.436 Remeasurement
Penghapusbukuan - - (232.099) (232.099) Bad debts written-off
Perubahan valuta asing 188 - 7.438 7.626 Foreign exchange changes
31 Desember 2024 26.641 2.789 421.492 450.922 December 31, 2024
77
Page 355
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
11. KREDIT YANG DIBERIKAN (lanjutan) 11. LOANS (continued)
h. Manajemen berpendapat bahwa jumlah h. Management believes that the allowance for
cadangan kerugian penurunan nilai yang impairment losses is adequate.
dibentuk telah memadai.
12. PENDAPATAN BUNGA YANG MASIH AKAN 12. INTEREST RECEIVABLES
DITERIMA
31 Desember/December 31
2024 2023
Bunga atas: Interest on:
Kredit yang diberikan 133.871 79.960 Loans
Efek-efek 24.897 18.462 Marketable securities
Interbank call money 62 22 Interbank call money
Jumlah 158.830 98.444 Total
Pendapatan bunga yang masih akan diterima dari Interest receivables from related parties as of
pihak berelasi adalah sebesar Rp12 dan Rp15 December 31, 2024 and 2023, amounted to
masing-masing pada tanggal 31 Desember 2024 Rp12 and Rp15, respectively (Note 34).
dan 2023 (Catatan 34).
Pendapatan bunga yang masih akan diterima dalam Interest receivables in foreign currencies as
mata uang asing adalah sebesar Rp87.033 dan of December 31, 2024 and 2023, amounted
Rp34.058 masing-masing pada tanggal to Rp87,033 and Rp34,058, respectively.
31 Desember 2024 dan 2023.
13. ASET TETAP DAN ASET HAK GUNA 13. FIXED ASSETS AND RIGHT-OF-USE ASSETS
Akun ini terdiri dari: This account consists of:
31 Desember 2024/December 31, 2024
31 Desember/
1 Januari/ Penambahan/ Pengurangan/ Reklasifikasi/ December 31,
January 1, 2024 Additions Deductions Reclassifications 2024
Kepemilikan langsung Direct ownership
Harga penilaian kembali Revalued amount
Tanah 432.990 - (18.217) - 414.773 Land
Bangunan 479.640 - (7.697) - 471.943 Buildings
Prasarana 25.074 2.394 (1.458) 13 26.023 Leasehold improvements
Inventaris kantor 126.509 13.470 (5.016) (13) 134.950 Office equipment
Kendaraan 67.067 84 (10.452) - 56.699 Vehicles
1.131.280 15.948 (42.840) - 1.104.388
Aset dalam penyelesaian 4.311 6.394 - (7.114) 3.591 Construction in progress
Total biaya perolehan
aset tetap 1.135.591 22.342 (42.840) (7.114) 1.107.979 Total cost of fixed assets
Aset hak guna 70.832 44.109 (29.456) - 85.485 Right-of-use of assets
Total biaya perolehan
aset tetap dan Total cost of fixed assets
aset hak guna 1.206.423 66.451 (72.296) (7.114) 1.193.464 and right-of-use of assets
Akumulasi penyusutan Accumulated depreciation
Bangunan (156.761) (28.716) 4.424 - (181.053) Buildings
Prasarana (24.441) (876) 1.458 (13) (23.872) Leasehold improvements
Inventaris kantor (113.431) (8.734) 5.008 13 (117.144) Office equipment
Kendaraan (66.267) (668) 10.384 - (56.551) Vehicles
(360.900) (38.994) 21.274 - (378.620)
Aset hak guna (43.198) (20.023) 29.456 - (33.765) Right-of-use of assets
Total akumulasi
penyusutan Total accumulated
aset tetap dan depreciation of fixed assets
aset hak guna (404.098) (59.017) 50.730 - (412.385) and right-of-use of assets
Nilai buku neto 802.325 781.079 Net book value
78
Page 356
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
13. ASET TETAP DAN ASET HAK GUNA (lanjutan) 13. FIXED ASSETS AND RIGHT-OF-USE ASSETS
(continued)
31 Desember 2023/December 31, 2023
1 Januari/ Penambahan/ Pengurangan/ Reklasifikasi/ Revaluasi/ 31 Desember/
January 1, 2023 Additions Deductions Reclassifications Revaluation December 31, 2023
Kepemilikan langsung Direct ownership
Harga penilaian kembali Revalued amount
Tanah 385.144 - (11.661) 21.963 37.544 432.990 Land
Bangunan 414.251 515 (7.280) 4.571 67.583 479.640 Buildings
Prasarana 49.685 134 (116) (24.629) - 25.074 Leasehold improvements
Inventaris kantor 118.136 8.003 (1.267) 1.637 - 126.509 Office equipment
Kendaraan 77.119 79 (10.131) - - 67.067 Vehicles
1.044.335 8.731 (30.455) 3.542 105.127 1.131.280
Aset dalam penyelesaian 422 7.635 (204) (3.542) - 4.311 Construction in progress
Total biaya perolehan
aset tetap 1.044.757 16.366 (30.659) - 105.127 1.135.591 Total cost of fixed assets
Aset hak guna 67.171 12.895 (9.234) - - 70.832 Right-of-use assets
Total biaya perolehan
aset tetap dan Total cost of fixed assets
aset hak guna 1.111.928 29.261 (39.893) - 105.127 1.206.423 and right-of-use of assets
Akumulasi penyusutan Accumulated depreciation
Bangunan (123.127) (22.660) 5.387 (16.361) - (156.761) Buildings
Prasarana (38.080) (2.764) 42 16.361 - (24.441) Leasehold improvements
Inventaris kantor (108.756) (5.935) 1.260 - - (113.431) Office equipment
Kendaraan (75.678) (720) 10.131 - - (66.267) Vehicles
(345.641) (32.079) 16.820 - - (360.900)
Aset hak guna (32.802) (18.650) 8.254 - - (43.198) Right-of-use assets
Total biaya perolehan Total accumulated
aset tetap dan depreciation of fixed assets
aset hak guna (378.443) (50.729) 25.074 - - (404.098) and right-of-use of assets
Nilai buku neto 733.485 802.325 Net book value
Aset tetap Bank, kecuali tanah, prasarana, dan All fixed assets, except for land, leasehold
inventaris kantor diasuransikan pada perusahaan improvements, and office equipment are insured
asuransi yaitu, PT Asuransi Bina Dana Arta, pihak with insurance company PT Asuransi Bina Dana
ketiga dengan nilai pertanggungan sebesar Arta, a third party for coverage amounting to
Rp313.614 dan Rp268.579 pada tanggal 31 Rp313,614 and Rp268,579 as of December 31,
Desember 2024 dan 2023. Manajemen berpendapat 2024 and 2023. All the insurance companies
bahwa nilai pertanggungan tersebut cukup untuk above are third parties. Management believes that
menutupi kemungkinan kerugian atas aset yang the insurance coverages are adequate to cover
dipertanggungkan. possible losses on the assets insured.
Rincian laba penjualan aset tetap untuk tahun-tahun The details of gain on sale of fixed assets for the
yang berakhir 31 Desember 2024 dan 2023 adalah years ended December 31, 2024 and 2023 are as
sebagai berikut: follows:
31 Desember/December 31
2024 2023
Hasil penjualan aset tetap 3.578 3.775 Proceeds from sale of fixed assets
Nilai buku bersih aset tetap - - Net book value of fixed assets
Laba penjualan aset tetap 3.578 3.775 Gain on sale of fixed assets
<
Nilai tercatat bruto dari aset tetap yang telah The gross carrying amount of the Bank fully
didepresiasi penuh oleh Bank namun masih depreciated fixed assets that are still in use
digunakan adalah sebesar Rp166.058 dan amounted to Rp166,058 and Rp524,290 as of
Rp524.290 pada tanggal 31 Desember 2024 dan December 31, 2024 and December 31, 2023,
31 Desember 2023 (tidak diaudit). respectively (unaudited).
79
Page 357
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
13. ASET TETAP DAN ASET HAK GUNA (lanjutan) 13. FIXED ASSETS AND RIGHT-OF-USE ASSETS
(continued)
Rekonsiliasi pengurangan aset tetap yang berasal Reconciliations of deduction to fixed assets which
dari penjualan dan reklasifikasi adalah sebagai comes from disposal an reclassification are as
berikut: follows:
31 Desember/December 31
2024 2023
Pengurangan melalui penjualan aset tetap 11.283 10.838 Deduction through sale of fixed assets
Penghapusan aset tetap 5.643 3.008 Write-off of fixed asets
Pengurangan aset dalam penyelesaian Deduction of construction in progress
melalui reklasifikasi aset tetap 7.114 - through reclassifications
Pengurangan aset hak guna 29.456 9.234 Deduction of right-of-uses assets
Reklasifikasi ke properti terbengkalai 25.914 16.813 Reclassification to abandoned assets
Total pengurangan 79.410 39.893 Total deductions
Sejak tahun 2014, Bank menerapkan model Since 2014, the Bank has applied revaluation
revaluasi untuk tanah dan bangunan, sehingga nilai model for land and buildings thus, the carrying
tercatat pada tanggal 31 Desember 2023 dan 2022 values as of December 31, 2023 and 2022 reflect
mencerminkan nilai wajar. Penilaian kembali atas the fair values. The revaluations of fixed assets
aset tetap selain inventaris kantor dan kendaraan except for office equipment and vehicles using
per tanggal 31 Desember 2023 dilakukan oleh cut-off December 31, 2023 are performed by
penilai independen eksternal, Kantor Jasa Penilai external independent appraiser, Public Appraiser
Publik (“KJPP”) Hari Utomo & Rekan dalam Laporan Firm (“KJPP”) Hari Utomo & Rekan as stated in
Penilaian tertanggal 3 Januari 2024. Penilaian the Valuation Report dated January 3, 2024.
dilakukan berdasarkan Standar Penilaian Indonesia, Valuations were performed based on Indonesian
ditentukan berdasarkan transaksi pasar terkini dan Valuation Standards which are appropriate with
dilakukan dengan ketentuan-ketentuan yang lazim. recent market transactions done on arm’s length
Pendekatan penilaian yang dipakai adalah terms. The valuation method used is market data
pendekatan data pasar dan pendekatan biaya. approach and cost approach.
Nilai wajar dari aset tetap dihitung dengan Fair values of fixed assets are calculated using
menggunakan pendekatan perbandingan harga the comparable market data approach and cost
pasar dan estimasi biaya reproduksi baru atau biaya reproduction or cost replacement approach. The
pengganti baru. Harga pasar dari aset tetap yang approximate market prices of comparable fixed
paling mendekati disesuaikan dengan perbedaan assets is adjusted for differences in key attributes
atribut utama seperti ukuran aset, lokasi, kondisi such as size, location, physical conditions,
fisik, faktor depresiasi, dan biaya penggantian. depreciation factor, and replacement costs. The
Pengukuran nilai wajar juga mempertimbangkan fair value measurement also considers highest
penggunaan tertinggi dan terbaik (highest and best and best use of the asset being valued.
use) dari aset yang dinilai.
Informasi mengenai penilaian kembali aset tetap Information of the revaluation of fixed assets as at
pada tanggal 31 Desember 2023 yang dilakukan December 31, 2023 performed by the Bank are as
oleh Bank adalah sebagai berikut: follows:
Nilai buku Nilai buku
sebelum setelah
revaluasi/ revaluasi/ Kenaikan
Carrying Carrying nilai revaluasi/
amount amount Increase
before after in revaluation
revaluation revaluation value
Tanah 395.446 432.990 37.544 Land
Bangunan 255.296 322.879 67.583 Buildings
Jumlah 650.742 755.869 105.127 Total
Kenaikan nilai revaluasi sebesar Rp105.127 dicatat Increase in revaluation value of Rp105,127 is
di penghasilan komprehensif lain di ekuitas, tidak recorded as part of other comprehensive income
ada penurunan nilai revaluasi untuk tahun yang in equity, there is no decrease in the revaluation
berakhir 31 Desember 2023. value for the year ended December 31, 2023.
80
Page 358
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
13. ASET TETAP DAN ASET HAK GUNA (lanjutan) 13. FIXED ASSETS AND RIGHT-OF-USE ASSETS
(continued)
Jumlah tercatat aset tetap apabila aset tersebut The amount of fixed assets if recorded using cost
dicatat dengan model biaya adalah sebagai berikut: method are the following:
31 Desember/December 31
2024 2023
Tanah 227.997 229.943 Land
Bangunan 235.955 255.721 Buildings
Prasarana 2.237 634 Leaseholds improvements
Inventaris kantor 16.776 10.757 Office equipment
Kendaraan 91 292 Vehicles
Jumlah 483.056 497.347 Total
Rincian aset dalam penyelesaian beserta The details of the construction in progress with
persentase penyelesaian dan nilai kontrak adalah percentage of completion and contract value are
sebagai berikut: as follows:
31 Desember/December 31, 2024
Persentase Akumulasi Estimasi
penyelesaian/ biaya/ penyelesaian/
Percentage of Accumulated Estimated timing
completion cost of completion
Renovasi Bangunan 80% 1.330 2025 Leasehold improvements
Software 80% 2.252 2025 Software
Mesin Kantor 50% 9 2025 Office machines
31 Desember/December 31, 2023
Persentase Akumulasi Estimasi
penyelesaian/ biaya/ penyelesaian/
Percentage of Accumulated Estimated timing
completion cost of completion
Renovasi Bangunan 80% 2.823 2024 Leasehold improvements
Software 80% 1.488 2024 Software
Manajemen juga berpendapat bahwa tidak terdapat Management believes that as of December 31,
penurunan nilai lainnya atas aset tersebut pada 2024 and 2023, no other impairment in value for
tanggal 31 Desember 2024 dan 2023. fixed assets.
Aset hak guna per 31 Desember 2024 dan 2023 Rights of use assets as of December 31, 2024
adalah sebagai berikut: and 2023 as follows:
Penambahan Pengurangan
1 Januari/ dan reklasifikasi/ dan reklasifikasi/ 31 Desember/
January 1, Additions Deductions December 31,
2024 and reclassification and reclassification 2024
Biaya perolehan Cost
Bangunan 51.287 20.349 (20.350) 51.286 Buildings
Kendaraan 4.824 4.096 (3.768) 5.152 Vehicles
Lain-lain 14.721 19.664 (5.338) 29.047 Others
Total biaya perolehan 70.832 44.109 (29.456) 85.485 Total cost
Akumulasi penyusutan Accumulated depreciation
Bangunan (29.642) (11.378) 20.350 (20.670) Buildings
Kendaraan (4.030) (1.608) 3.768 (1.870) Vehicles
Lain-lain (9.526) (7.037) 5.338 (11.225) Others
Total Akumulasi penyusutan (43.198) (20.023) 29.456 (33.765) Total Accumulated depreciation
Nilai buku - neto 27.634 51.720 Book value - net
81
Page 359
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
13. ASET TETAP DAN ASET HAK GUNA (lanjutan) 13. FIXED ASSETS AND RIGHT-OF-USE ASSETS
(continued)
Aset hak guna per 31 Desember 2024 dan 2023 Rights of use assets as of December 31, 2024 and
adalah sebagai berikut: (lanjutan) 2023 as follows: (continued)
Penambahan Pengurangan
1 Januari/ dan reklasifikasi/ dan reklasifikasi/ 31 Desember/
January 1, Additions Deductions December 31,
2023 and reclassification and reclassification 2023
Biaya perolehan Cost
Bangunan 47.392 12.478 (8.583) 51.287 Buildings
Kendaraan 5.272 - (448) 4.824 Vehicles
Lain-lain 14.507 417 (203) 14.721 Others
Total biaya perolehan 67.171 12.895 (9.234) 70.832 Total cost
Akumulasi penyusutan Accumulated depreciation
Bangunan (26.713) (10.681) 7.752 (29.642) Buildings
Kendaraan (2.870) (1.587) 427 (4.030) Vehicles
Lain-lain (3.219) (6.382) 75 (9.526) Others
Total Akumulasi penyusutan (32.802) (18.650) 8.254 (43.198) Total Accumulated depreciation
Nilai buku - neto 34.369 27.634 Book value - net
Bank menyewa beberapa aset termasuk gedung The Bank rent a number of assets including
kantor, rumah dinas, kendaraan dan lain-lain. offices, official houses, vehicles and others.
14. GOODWILL 14. GOODWILL
Seperti diungkapkan pada Catatan 1b, Bank As disclosed in Note 1b, the Bank acquired
melakukan akuisisi atas 100% kepemilikan saham 100% equity interests in PT Bank Antardaerah.
pada PT Bank Antardaerah. Nilai wajar dari aset dan The fair values of the identifiable assets and
liabilitas teridentifikasi PT Bank Antardaerah pada liabilities of PT Bank Antardaerah as at the date
tanggal akuisisi (24 Juni 2016) adalah: of acquisition (June 24, 2016) were:
Nilai wajar/
Fair value
Imbalan yang dialihkan 517.913 Consideration transferred
Nilai wajar aset bersih teridentifikasi (271.755) Total identifiable net assets at fair value
Goodwill atas akuisisi 246.158 Goodwill arising on acquisition
Core deposits Intangible (55.428) Core deposits intangible
Teknologi perangkat lunak dan Software technology and
teknologi pendukung lainnya (655 ) other supporting technologies
Residual goodwill 190.075 Residual goodwill
Tujuan dilakukannya akuisisi adalah meningkatkan The purpose of the acquisition is to increase the
potensi skala usaha Bank menjadi lebih besar serta potential scale of the Bank business as well as
meningkatnya jangkauan operasional Bank terutama increased in operational range of the Bank
pada area yang sebelumnya merupakan basis especially in the areas that were previously the
kekuatan utama yang dimiliki oleh PT Bank main power base owned by PT Bank
Antardaerah, baik itu untuk pemberian pinjaman Antardaerah, both for lending as well as source
maupun sebagai sumber perolehan dana pihak of third party funds.
ketiga.
Pengujian penurunan nilai atas goodwill dilakukan Goodwill is tested for impairment annually and
setiap tahun dan ketika terdapat suatu indikasi bahwa when circumstances indicate that the carrying
nilai tercatatnya mengalami penurunan nilai. Nilai value may be impaired. The recoverable amount
terpulihkan ditentukan berdasarkan perhitungan nilai was determined based on value in use that uses
pakai yang menggunakan metode discounted discounted cash flow method. The Bank
cash flow. Bank menentukan unit penghasil kas determined the cash generating unit aligned with
sejalan dengan segmen operasi, yaitu kredit. Tidak the operating segment of loans. There were no
terdapat pergerakan atas nilai tercatat goodwill movements on carrying amount of goodwill for
selama tahun 2024. the year 2024.
82
Page 360
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
14. GOODWILL (lanjutan) 14. GOODWILL (continued)
Nilai terpulihkan tersebut dikategorikan sebagai The recoverable amount is categorised as level 3
tingkat 3 dalam hierarki nilai wajar. Asumsi kunci in fair value hierarchy. Certain key assumptions
yang digunakan dalam perhitungan nilai pakai pada used in the value in use calculation at
tanggal 31 Desember 2024 adalah tingkat diskonto. December 31, 2024 is discount rate. The Bank
Bank telah memilih untuk menggunakan has chosen to use the Cost of Equity (COE) as
Cost of Equity (COE) sebagai tingkat diskonto untuk discount rate for the discounted cash flow. The
arus kas yang didiskontokan. COE yang ditentukan COE determined based on external source is
berdasarkan sumber eksternal adalah 11,40% pada 11.40% for the year ended December 31, 2024.
tanggal 31 Desember 2024.
Tidak ada kerugian penurunan nilai goodwill yang There is no impairment of the goodwill identified
diidentifikasi selama tahun yang berakhir pada for the years ended December 31, 2024 and
tanggal 31 Desember 2024 dan 2023. 2023.
15. BIAYA DIBAYAR DI MUKA 15. PREPAID EXPENSES
31 Desember/December 31
2024 2023
Pemeliharaan informasi teknologi 1.976 709 Information technology maintenance
Sewa 1.028 547 Rent
Asuransi 716 964 Insurance
Lain-lain 665 686 Others
Jumlah 4.385 2.906 Total
16. AGUNAN YANG DIAMBIL ALIH 16. FORECLOSED ASSETS
Agunan Yang Diambil Alih (“AYDA”) merupakan Foreclosed assets represent loan collaterals
agunan pinjaman berupa tanah dan bangunan yang taken over by the Bank in the form of land and
telah diambil alih oleh Bank. Rincian dalam akun ini buildings. The details in this account are as
sebagai berikut: follows:
31 Desember/December 31
2024 2023
Agunan yang diambil alih 82.358 135.580 Foreclosed assets
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (2.274) (27.274) impairment losses
80.084 108.306
Berdasarkan Peraturan Otoritas Jasa Keuangan Based on Financial Services Authority Repblic of
Republik Indonesia (“POJK”) No. 40/POJK.03 /2019 Indonesia (“POJK”) No. 40/POJK.03 /2019
tentang “Penilaian Kualitas Aset Bank Umum”, regarding “Asset Quality Ratings for Commercial
khususnya AYDA, Bank diwajibkan untuk Banks” and particularly on the foreclosed assets,
melakukan upaya penyelesaian terhadap AYDA the Bank is required to have an action plan for
yang dimiliki. settlement for its foreclosed assets.
83
Page 361
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
16. AGUNAN YANG DIAMBIL ALIH (lanjutan) 16. FORECLOSED ASSETS (continued)
Rincian rugi penjualan AYDA untuk tahun-tahun The details of on sale of foreclosed assets for the
yang berakhir 31 Desember 2024 dan 2023 adalah years ended December 31, 2024 and 2023 are as
sebagai berikut: follows:
31 Desember/December 31
2024 2023
Hasil penjualan 28.172 6.175 Proceeds from sale
Nilai buku bersih (28.222) (6.160) Net book value
(Rugi)/Laba penjualan (50) 15 (Loss)/Profit on sale
Mutasi cadangan kerugian penurunan nilai atas The changes in allowance for impairment losses
AYDA adalah: of foreclosed assets are as follows:
31 Desember/December 31
2024 2023
Saldo awal 27.274 2.434 Beginning balance
Penambahan selama tahun berjalan (25.000) 24.840 Addition during the year
Saldo akhir 2.274 27.274 Ending balance
Manajemen Bank berkeyakinan bahwa jumlah The Bank’s management believes that the
cadangan kerugian penurunan nilai adalah cukup allowance for impairment losses is adequate to
untuk menutup kemungkinan kerugian penurunan cover possible impairment losses from foreclosed
nilai atas agunan yang diambil alih. assets.
17. ASET LAIN-LAIN 17. OTHER ASSETS
31 Desember/December 31
2024 2023
Properti terbengkalai - neto 127.801 107.608 Abandoned properties - net
Tagihan trade finance 29.449 - Trade finance billing
Core deposits intangible (setelah Core deposits intangible
dikurangi akumulasi amortisasi (net of accumulated amortization of
masing-masing sebesar Rp41.571 Rp41,571 and Rp36,028
dan Rp36.028 pada 31 Desember as of December 31, 2024
2024 dan 2023) 13.857 19.399 and 2023, respectively)
Persediaan 5.291 5.595 Inventories
Uang jaminan 3.751 3.714 Refundable deposits
Tagihan transaksi ATM Prima 1.254 2.543 ATM Prima billing transaction
Lain-lain 8.459 1.944 Others
Jumlah - neto 189.862 140.803 Total - net
84
Page 362
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
17. ASET LAIN-LAIN (lanjutan) 17. OTHER ASSETS (continued)
Properti terbengkalai merupakan aset tetap yang The abandoned properties are fixed assets held
dimiliki Bank tetapi tidak digunakan untuk kegiatan by the Bank but not used for its customary
usaha perbankan yang lazim. Manajemen secara banking business. Management is actively trying
aktif berusaha untuk menjual properti terbengkalai to sell these abandoned properties.
tersebut.
Rincian laba penjualan properti terbengkalai untuk The details of gain on sale of abandoned
tahun-tahun yang berakhir 31 Desember 2024 dan properties for the years ended December 31,
2023 adalah sebagai berikut: 2024 and 2023 are as follows:
31 Desember/December 31
2024 2023
Hasil penjualan 1.946 - Proceeds from sale
Nilai buku bersih (1.296) - Net book value
Laba penjualan 650 - Gain on sale
Mutasi cadangan kerugian penurunan nilai properti The changes in allowance for impairment losses
terbengkalai adalah: of abandoned properties are as in follows:
31 Desember/December 31
2024 2023
Saldo awal 4.108 4.037 Beginning balance
Penambahan selama tahun berjalan - 71 Addition during the year
Saldo akhir 4.108 4.108 Ending balance
Manajemen berpendapat bahwa cadangan kerugian Management believes that the above allowance
penurunan nilai yang telah dibentuk cukup untuk for impairment losses is adequate to cover
menutup kemungkinan kerugian atas properti possible losses on abandoned properties.
terbengkalai.
Tagihan trade finance merupakan tagihan yang Trade finance bills are bills related to bank
terkait dengan fasilitas bank guarantee trade finance guarantee trade finance facilities from related
dari pihak berelasi (Catatan 34). party (Note 34).
Aset lain-lain dalam mata uang asing pada tanggal Other assets denominated in foreign currency as
31 Desember 2024 dan 2023 masing-masing adalah of December 31, 2024 and 2023 amounted to
sebesar Rp29.610 dan Rp154. Rp29,160 and Rp154, respectively.
85
Page 363
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
18. LIABILITAS SEGERA 18. OBLIGATION DUE IMMEDIATELY
Pada tanggal 31 Desember 2024 dan 2023 liabilitas As of December 31, 2024 and 2023, obligation
segera merupakan liabilitas sehubungan dengan due immediately are related to clearing
transaksi kliring dan transfer. transactions and transfers.
Liabilitas segera dalam mata uang asing pada Obligation due immediately denominated in
tanggal 31 Desember 2024 dan 2023 masing- foreign currencies as of December 31, 2024 and
masing adalah sebesar Rp57 dan Rp1.037. 2023 amounted to Rp57 and Rp1,037.
19. SIMPANAN DARI NASABAH 19. DEPOSITS FROM CUSTOMERS
31 Desember/December 31
2024 2023
Rupiah Rupiah
Deposito berjangka 11.105.113 11.517.998 Time deposits
Giro 2.485.190 2.122.979 Current accounts
Tabungan 1.059.292 1.004.153 Saving accounts
14.649.595 14.645.130
Mata uang asing Foreign currencies
Deposito berjangka 7.078.240 4.254.442 Time deposits
Giro 1.524.681 1.003.978 Current accounts
Tabungan 104.957 83.262 Saving accounts
8.707.878 5.341.682
Jumlah 23.357.473 19.986.812 Total
Berdasarkan Undang-Undang No. 24 tanggal Based on the Law No. 24, dated September 22,
22 September 2004, efektif sejak tanggal 2004, effective September 22, 2005, the
22 September 2005, Lembaga Penjamin Simpanan Indonesian Deposit Insurance Corporation
(”LPS”) dibentuk untuk menjamin kewajiban tertentu (“IDIC”) was formed to guarantee certain
bank-bank umum berdasarkan program penjaminan liabilities of commercial banks under the
yang berlaku dan saat ini Bank adalah peserta dari applicable guarantee program and currently, the
program tersebut. Bank is the participant of the program.
Suku bunga penjaminan LPS pada tanggal LPS guarantee interest rate as of December 31,
31 Desember 2024 dan 2023 masing-masing adalah 2024 and 2023 were 4.25% and 4.25%,
4,25% dan 4,25% untuk simpanan dalam mata uang repectively, for deposits in Rupiah. For deposits
Rupiah. Untuk simpanan dalam mata uang asing in foreign currency as of December 31, 2024 and
pada tanggal 31 Desember 2024 dan 2023 masing- 2023 were 2.25% and 2.25%, repectively.
masing adalah sebesar 2,25% dan 2,25%.
Berdasarkan Peraturan Pemerintah No. 66 Tahun Based on Government Regulation No. 66 Year
2008 tanggal 13 Oktober 2008 tentang Besaran Nilai 2008 dated October 13, 2008 regarding The
Simpanan yang Dijamin LPS yang disempurnakan Amount of Deposit Value Guaranteed by IDIC
melalui PLPS No. 1 Tahun 2023 tentang Program amended through IDIC Regulation No. 1 Year
Penjaminan Simpanan, bahwa saldo yang dijamin 2023 regarding Deposit Insurance Program,
untuk satu nasabah pada satu Bank adalah paling which stated the guaranteed balance for each
tinggi Rp2.000.000.000 (nilai penuh). customer in each bank is at most
Rp2,000,000,000 (full amount).
86
Page 364
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
19. SIMPANAN DARI NASABAH (lanjutan) 19. DEPOSITS FROM CUSTOMERS (continued)
a. Giro a. Current accounts
31 Desember/December 31
2024 2023
Pihak berelasi (Catatan 34) Related parties (Note 34)
Rupiah 2.519 3.046 Rupiah
Mata uang asing 15 549 Foreign currencies
2.534 3.595
Pihak ketiga Third parties
Rupiah 2.482.671 2.119.933 Rupiah
Mata uang asing 1.524.666 1.003.429 Foreign currencies
4.007.337 3.123.362
Jumlah 4.009.871 3.126.957 Total
Suku bunga efektif rata-rata per tahun: Average effective interest rate per annum:
31 Desember/December 31
2024 2023
Rupiah 2,93% 2,73% Rupiah
Mata uang asing 1,86% 0,79% Foreign currencies
Giro yang dijadikan jaminan kredit yang Total current accounts amounting to RpNil
diberikan pada tanggal 31 Desember 2024 dan and RpNil as of December 31, 2024 and
2023 masing-masing adalah RpNihil dan 2023, respectively, were pledged and used
RpNihil. as credit guarantee.
b. Tabungan b. Saving accounts
31 Desember/December 31
2024 2023
Pihak berelasi (Catatan 34) Related parties (Note 34)
Rupiah 6.587 4.185 Rupiah
Mata uang asing 40 64 Foreign currencies
6.627 4.249
Pihak ketiga Third parties
Rupiah 1.052.705 999.968 Rupiah
Mata uang asing 104.917 83.198 Foreign currencies
1.157.622 1.083.166
Jumlah 1.164.249 1.087.415 Total
Suku bunga efektif rata-rata per tahun: Average effective interest rate per annum:
31 Desember/December 31
2024 2023
Rupiah 1,83% 1,65% Rupiah
Mata uang asing 0,81% 0,84% Foreign currencies
Tabungan yang dijadikan jaminan kredit yang Total saving accounts amounting to RpNil
diberikan pada tanggal 31 Desember 2024 dan and RpNil as of December 31, 2024 and
2023 masing-masing adalah RpNihil dan 2023, respectively, were pledged and used
RpNihil. as credit guarantee.
87
Page 365
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
19. SIMPANAN DARI NASABAH (lanjutan) 19. DEPOSITS FROM CUSTOMERS (continued)
c. Deposito berjangka c. Time deposits
31 Desember/December 31
2024 2023
Pihak berelasi (Catatan 34) Related parties (Note 34)
Rupiah 9.135 8.752 Rupiah
Mata uang asing 33 192 Foreign currencies
9.168 8.944
Pihak ketiga Third parties
Rupiah 11.095.978 11.509.246 Rupiah
Mata uang asing 7.078.207 4.254.250 Foreign currencies
18.174.185 15.763.496
Jumlah 18.183.353 15.772.440 Total
Suku bunga efektif rata-rata per tahun: Average effective interest rates per annum:
31 Desember/December 31
2024 2023
Rupiah 5,13% 4,88% Rupiah
Mata uang asing 4,84% 4,61% Foreign currencies
Berdasarkan tanggal jatuh tempo: By maturity date:
31 Desember/December 31
2024 2023
≤ 1 bulan 9.820.885 9.601.332 ≤ 1 month
> 1 - 3 bulan 5.086.344 3.947.673 > 1 - 3 months
> 3 - 6 bulan 2.779.842 1.946.337 > 3 - 6 months
> 6 - 12 bulan 496.282 277.098 > 6 - 12 months
Jumlah 18.183.353 15.772.440 Total
Jumlah deposito berjangka yang dijadikan Total time deposits amounting to
jaminan kredit, bank garansi, dan letters of credit Rp1,157,155 and Rp648,391 as of
yang diterbitkan Bank pada tanggal December 31 ,2024 and 2023, respectively,
31 Desember 2024 dan 2023 masing-masing are pledged as collateral by the debtors on
adalah sebesar Rp1.157.155 dan Rp648.391 the credit facilities, bank guarantees and
letters of credit issued by the Bank.
20. SIMPANAN DARI BANK LAIN 20. DEPOSITS FROM OTHER BANKS
31 Desember/December 31
2024 2023
Pihak berelasi Related Parties
Rupiah Rupiah
Giro 171 70 Current accounts
Pihak ketiga Third parties
Rupiah Rupiah
Deposito berjangka 650.000 - Time deposits
Giro 52.369 20.887 Current accounts
Tabungan 21.421 26.547 Saving accounts
Mata uang asing Foreign currencies
Inter-bank Call Money 120.713 277.146 Inter-bank Call Money
844.503 324.580
Jumlah 844.674 324.650 Total
88
Page 366
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
20. SIMPANAN DARI BANK LAIN (lanjutan) 20. DEPOSITS FROM OTHER BANKS (continued)
Suku bunga efektif rata-rata per tahun: Average effective interest rates per annum:
31 Desember/December 31
2024 2023
Rupiah 6,20% 3,96% Rupiah
Mata uang asing 5,25% 3,37% Foreign currencies
Berdasarkan tanggal jatuh tempo: By maturity date:
31 Desember/December 31
2024 2023
≤ 1 bulan 844.674 47.504 ≤ 1 month
> 1 - 3 bulan - 277.146 > 1 - 3 months
Jumlah 844.674 324.650 Total
Pada tanggal 31 Desember 2024 dan 2023 tidak As of December 31, 2024 and 2023 there is no
ada simpanan dari bank lain yang dijadikan jaminan. deposit from other banks which was pledged as
collateral.
21. PERPAJAKAN 21. TAXATION
a. Utang pajak a. Taxes payable
31 Desember/December 31
2024 2023
Pajak penghasilan badan Corporate income tax
PPh pasal 25 9.584 3.935 Income tax article 25
PPh pasal 29 12.640 49.590 Income tax article 29
22.224 53.525
Pajak lain-lain Other income taxes
PPh pasal 4 (2) 16.489 13.425 Income tax article 4 (2)
PPh pasal 21 4.127 7.527 Income tax article 21
PPh pasal 23 dan 26 289 182 Income tax article 23 and 26
PPN 30 31 Value-added tax
Rekening khusus persepsi - 2 Special account of perception
Bea materai 1 1 Stamp duties
20.936 21.168
Jumlah 43.160 74.693 Total
b. Beban pajak penghasilan b. Income tax expense
31 Desember/December 31
2024 2023
Beban pajak kini 96.734 117.810 Current tax expense
Manfaat pajak tangguhan (9.847) (49.300) Deferred tax benefit
Jumlah 86.887 68.510 Total
89
Page 367
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
21. PERPAJAKAN (lanjutan) 21. TAXATION (continued)
c. Rekonsiliasi antara laba sebelum pajak c. Reconciliation between income before
penghasilan menurut laporan laba rugi dengan income tax as shown in the statements of
laba kena pajak adalah sebagai berikut: profit or loss and taxable income are as
follows:
31 Desember/December 31
2024 2023
Laba sebelum 382.289 309.801 Income before
pajak penghasilan income tax
Perbedaan temporer: Temporary differences:
Cadangan kerugian penurunan Provision for impairment
nilai atas aset produktif 66.634 171.518 losses on earning assets
Cadangan kerugian penurunan Provision for impairment
nilai atas aset non-produktif (25.000) 24.911 losses on non-earning assets
Provisi imbalan Provsion for employee benefit
kerja karyawan 1.639 10.895 liabilities
Penyusutan aset tetap (9.792) (2.766) Depreciation of fixed assets
Cadangan bonus dan tunjangan
hari raya 3.969 4.848 Bonus and festives provision
Lain-lain 7.308 16.152 Others
Jumlah perbedaan temporer 44.758 225.558 Total temporary differences
Perbedaan permanen: Permanent differences:
Penyusutan aset tetap 8.983 (2.485) Depreciation of fixed asset
Lain-lain 3.672 2.628 Others
Jumlah perbedaan permanen 12.655 143 Total permanent differences
Laba kena pajak 439.702 535.502 Taxable income
Beban pajak penghasilan
sesuai dengan Current income tax expense at
tarif pajak yang berlaku (22%) 96.734 117.810 statutory tax rate (22%)
Dikurangi: pajak penghasilan Less: prepayment of
yang dibayar di muka - Pasal 25 (84.094) (68.220) income tax - Article 25
Utang pajak penghasilan 12.640 49.590 Income tax payable
d. Perhitungan pajak penghasilan badan untuk d. The calculations of corporate income tax for
tahun yang berakhir tanggal 31 Desember 2024 the year ended December 31, 2024 are
adalah estimasi untuk pengisian SPT 2024 dan estimated numbers for 2024 annual tax
perhitungan pajak penghasilan badan 2023 return and 2023 corporate income tax which
adalah sesuai dengan SPT Bank. conform to the Bank’s Annual Tax Return.
e. Rekonsiliasi antara beban pajak e. Reconciliation of tax expense
Rekonsiliasi antara beban pajak penghasilan The reconciliation between income tax
dan hasil perhitungan teoritis laba sebelum expense and the theoretical tax amount on
pajak penghasilan adalah sebagai berikut: profit before income tax is as follows:
31 Desember/December 31
2024 2023
Laba sebelum beban pajak Income before income tax expense
penghasilan sebagaimana as shown in the statement of
disajikan dalam laporan laba rugi profit or loss and other
dan penghasilan komprehensif lain 382.289 309.801 comprehensive income
Pajak penghasiIan dengan Income tax expense at effective
tarif pajak yang berlaku 84.103 68.156 tax rates
Pengaruh pajak atas
perbedaan permanen 2.784 32 Tax effect of permanent differences
Penyesuaian - 322 Adjusments
Jumlah beban pajak 86.887 68.510 Total tax expense
90
Page 368
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
21. PERPAJAKAN (lanjutan) 21. TAXATION (continued)
e. Rekonsiliasi antara beban pajak (lanjutan) e. Reconciliation of tax expense (continued)
Menteri Keuangan Republik Indonesia The Minister of Finance of the Republic of
menerbitkan Peraturan Menteri Keuangan (PMK) Indonesia issued Minister of Finance
No. 74 pada tanggal 10 Oktober 2024. Regulation (PMK) No. 74 on October 10,
Berdasarkan peraturan tersebut, Bank harus 2024. based on this regulation, the Bank
menghitung cadangan piutang tak tertagih sesuai must calculate reserves for bad debt in
dengan batasan tertentu yang diatur di dalam accordance with certain limits regulated in
PMK 74. Bank juga harus mulai menerapkan PMK 74. The Bank must also implement the
perhitunagn nilai cadangaan piutang tak tertagih calculation of reserves for bad debts starting
tersebut mulai tanggal 1 Januari 2024. Pada January 1, 2024. On January 1, 2024, there
tanggal 1 Januari 2024, terdapat selisih lebih nilai is an excess value of reserves per fiscal
cadangan per fiskal sebesar Rp146.279. Sesuai amounting to Rp146,279. In accordance with
dengan ketentuan di dalam PMK 74, maka Bank the provisions in PMK 74, the Bank decided
memutuskan untuk membebankan selisih lebih to charge the excess value in the 2024
tersebut di dalam perhitungan pajak penghasilan income tax calculation.
tahun 2024.
f. Aset pajak tangguhan f. Deferred tax assets
Rincian dari aset pajak tangguhan Bank adalah The details of the Bank's deferred tax assets
sebagai berikut: are as follows:
31 Desember/December 31, 2024
Dikreditkan/
(dibebankan)
ke laporan laporan
laba rugi
Credited/(charged) Dibebankan ke
to statement of profit ekuitas/
31 Desember/ or loss and other Charged to 31 Desember/
December 31, 2023 income equity December 31, 2024
Cadangan kerugian
penurunan nilai Allowance for impairment
aset keuangan 63.720 14.659 - 78.379 losses on financial assets
Cadangan kerugian Allowance for impairment
penurunan nilai losses on non-financial
aset non-keuangan 6.903 (5.500) - 1.403 assets
Provisi imbalan Provisions for employee
kerja karyawan 21.730 572 (1.853) 20.449 benefits obligation
Penyusutan aset tetap 6.703 (2.154) - 4.549 Depreciation of fixed assets
Cadangan bonus Bonus allowance
dan tunjangan hari raya 9.365 874 - 10.239 and festives provision
Lain-lain 16.166 1.396 206 17.768 Others
Jumlah 124.587 9.847 (1.647) 132.787 Total
31 Desember/December 31, 2023
Dikreditkan/
(dibebankan)
ke laporan laporan
laba rugi
Credited/(charged) Dibebankan ke
to statement of profit ekuitas/
31 Desember/ or loss and other Charged to 31 Desember/
December 31, 2022 income equity December 31, 2023
Cadangan kerugian
penurunan nilai Allowance for impairment
aset keuangan 25.986 37.734 - 63.720 losses on financial assets
Cadangan kerugian Allowance for impairment
penurunan nilai losses on non-financial
aset non-keuangan 1.423 5.480 - 6.903 assets
Provisi imbalan Provisions for employee
kerja karyawan 18.230 2.397 1.103 21.730 benefits obligation
Penyusutan aset tetap 7.312 (609) - 6.703 Depreciation of fixed assets
Cadangan bonus Bonus allowance
dan tunjangan hari raya 8.298 1.067 - 9.365 and festives provision
Lain-lain 12.600 3.231 335 16.166 Others
Jumlah 73.849 49.300 1.438 124.587 Total
91
Page 369
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
21. PERPAJAKAN (lanjutan) 21. TAXATION (continued)
g. Administrasi g. Administration
Berdasarkan Undang-Undang Perpajakan yang Under the Taxation Laws of Indonesia, the
berlaku di Indonesia, Bank menghitung, Bank calculates, determines and submits tax
menetapkan dan membayar sendiri besarnya returns on the basis of self assessments. The
jumlah pajak yang terutang. Direktur Jendral Director General of Tax (DGT) may assess or
Pajak (DJP) dapat menetapkan atau mengubah amend taxes within 5 (five) years since the tax
liabilitas pajak dalam waktu 5 (lima) tahun sejak becomes due.
saat terutangnya pajak.
22. LIABILITAS ATAS EFEK-EFEK YANG DIJUAL 22. LIABILITAS ON SECURITIES SOLD UNDER
DENGAN JANJI DIBELI KEMBALI REPURCHASE AGREEMENTS
Liabilitas atas efek-efek yang dijual dengan janji Liabilities on securities sold under repurchase
dibeli kembali pada tanggal 31 Desember 2024 dan agreements as of December 31, 2024 and 2023
2023, terdiri dari : consists of :
31 Desember 2024/December 31, 2024
Jenis Beban
obligasi Nilai bunga yang
pemerintah/ Nilai pembelian belum Nilai
Type of nominal/ Tanggal Nilai jual/ kembali/ direalisasi/ tercatat/
Nasabah/ government Nominal dimulai/ Jatuh tempo/ Sale Repurchase Unrealized Carrying
Counterparty bonds amount Start date Due date amount amount interest value
expense
PT Bank Mandiri Tbk/ 19 Des 2024/ 16 Jan 2025/
PT Bank Mandiri Tbk IDSR24012536 100.000 Dec 19, 2024 Jan 16, 2025 99.322 99.828 271 99.557
PT Bank Negara
Indonesia Tbk/ 17 Des 2024/ 14 Jan 2025/
PT Bank Negara
Indonesia Tbk IDSR17012536 80.000 Dec 17, 2024 Jan 14, 2025 79.531 79.936 188 79.748
PT Bank Mandiri Tbk/ 16 Des 2024/ 13 Jan 2025/
PT Bank Mandiri Tbk IDSR17012536 50.000 Dec 16, 2024 Jan 13, 2025 49.669 49.926 110 49.816
PT Bank Danamon
Indonesia/ 16 Des 2024/ 13 Jan 2025/
PT Bank Danamon
Indonesia IDSR08092536 80.000 Dec 16, 2024 Jan 13, 2025 75.985 76.372 166 76.206
PT Bank Mandiri Tbk/ 12 Des 2024/ 9 Jan 2025/
PT Bank Mandiri Tbk IDSR19092536 150.000 Dec 12, 2024 Jan 9, 2025 142.392 143.117 207 142.910
PT Bank Mandiri Tbk/ 11 Des 2024/ 8 Jan 2025/
PT Bank Mandiri Tbk IDSR31012536 40.000 Dec 11, 2024 Jan 8, 2025 39.617 39.819 50 39.769
PT Bank Danamon
Indonesia/ 10 Des 2024/ 7 Jan 2025/
PT Bank Danamon
Indonesia IDSR26092536 100.000 Dec 10, 2024 Jan 7, 2025 94.800 95.283 103 95.180
PT Bank Negara
Indonesia Tbk/ 10 Des 2024/ 7 Jan 2025/
PT Bank Negara
Indonesia Tbk IDSR10102536 200.000 Dec 10, 2024 Jan 7, 2025 189.086 190.049 206 189.843
PT Bank Sinarmas Tbk/ 24 Des 2024/ 7 Jan 2025/
PT Bank SInarmas Tbk IDSR14112536 100.000 Dec 24, 2024 Jan 7, 2025 94.001 94.239 102 94.137
PT Bank Negara
Indonesia Tbk/ 9 Des 2024/ 6 Jan 2025/
PT Bank Negara
Indonesia Tbk IDSR26092536 150.000 Dec 9, 2024 Jan 6, 2025 142.174 142.898 129 142.769
PT Bank Negara
Indonesia Tbk/ 9 Des 2024/ 6 Jan 2025/
PT Bank Negara
Indonesia Tbk IDSR03102536 150.000 Dec 9, 2024 Jan 6, 2025 141.982 142.706 129 142.577
PT Bank Permata Tbk/ 20 Des 2024/ 3 Jan 2025/
PT Bank Permata Tbk IDSR07112536 250.000 Dec 20, 2024 Jan 3, 2025 235.197 235.787 84 235.703
PT Bank DBS
Indonesia/ 11 Okt 2024/ 13 Jan 2025/
PT Bank DBS
Indonesia FR0101 654.183 Oct 11, 2024 Jan 13, 2025 163.545 164.158 315 163.843
2.104.183 1.547.301 1.554.118 2.060 1.552.058
92
Page 370
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
22. LIABILITAS ATAS EFEK-EFEK YANG DIJUAL 22. LIABILITAS ON SECURITIES SOLD UNDER
DENGAN JANJI DIBELI KEMBALI (lanjutan) REPURCHASE AGREEMENTS (continued)
Liabilitas atas efek-efek yang dijual dengan janji Liabilities on securities sold under repurchase
dibeli kembali pada tanggal 31 Desember 2024 dan agreements as of December 31, 2024 and 2023
2023, terdiri dari : (lanjutan) consists of : (continued)
31 Desember 2023/December 31, 2023
Jenis Beban
obligasi Nilai bunga yang
pemerintah/ Nilai pembelian belum Nilai
Type of nominal/ Tanggal Nilai jual/ kembali/ direalisasi/ tercatat/
Nasabah/ government Nominal dimulai/ Jatuh tempo/ Sale Repurchase Unrealized Carrying
Counterparty bonds amount Start date Due date amount amount interest value
expense
PT Bank Rakyat
Indonesia Tbk/ 20 Des 2023/ 19 Jan 2024/
PT Bank Rakyat
Indonesia Tbk IDSR08112436 100.000 Dec 20, 2023 Jan 19, 2024 94.085 94.610 315 94.295
100.000 94.085 94.610 315 94.295
b. Berdasarkan periode jatuh tempo b. By maturity period
Efek-efek yang dibeli dengan janji dijual kembali Securities purchased under resale
akan diselesaikan dalam waktu tidak lebih dari agreements will be settled no more than 12
12 bulan setelah tanggal laporan posisi months after the date of financial positions.
keuangan.
c. Tingkat suku bunga efektif rata-rata setahun c. Average effectives interest rate per annum
31 Desember/December 31
2024 2023
Rupiah 6,55% 6,70% Rupiah
23. PINJAMAN YANG DITERIMA 23. FUND BORROWING
Pada tanggal 31 Desember 2024, pinjaman yang As of December 31, 2024, the Bank received fund
diterima oleh Bank adalah sebagai berikut: Fund Borrowing were as follows:
31 Desember/December 31, 2024
Tanggal / Date
Suku Nilai
Bunga (%)/ Penuh (US$)/ Ekuivalen Rp/
Penerimaan/ Jatuh Tempo/ Interest Full Amount Equivalent
Receipt Maturity Rate (%) (US$) in Rp
Pihak ketiga Third Parties
Mata Uang Asing Foreign currencies
23 Des 2024 / 21 Mar 2025 /
PT Bank Mandiri (Persero) Tbk Dec 23, 2024 Mar 21, 2025 5,23 30.000.000 482.850 PT Bank Mandiri (Persero) Tbk
Total 30.000.000 482.850 Total
Pada tanggal 18 Desember 2024, Bank On December 18, 2024, the Bank entered into a
menandatangani Perjanjian Kredit dengan PT Bank credit agreement with PT Bank Mandiri (Persero)
Mandiri (Persero) Tbk. Fasilitas kredit yang Tbk. The facility provided to the Bank is in the form
diberikan kepada Bank merupakan bank loan of committed non-revolving bank loan amounted to
berupa fasilitas commited non-revolving USD30,000,000 which which presented as fund
loan sebesar USD30.000.000 yang disajikan borrowing. The facility is used to support the Bank's
sebagai pinjaman yang diterima oleh Bank. Fasilitas business activities. The facility bears interest at
tersebut memiliki tingkat suku bunga term SOFR 3 SOFR 3 months + 90bps. The facility is effective
bulan + 90bps. Fasilitas tersebut digunakan untuk for 12 months since the signing date of the loan
mendukung aktivitas bisnis Bank. Fasilitas ini agreement.
memiliki jangka waktu selama 12 bulan sejak
penandatanganan perjanjian kredit.
93
Page 371
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
24. BUNGA YANG MASIH HARUS DIBAYAR 24. INTEREST PAYABLES
31 Desember/December 31
2024 2023
Simpanan dari nasabah Deposits from customers
Deposito berjangka 68.493 42.306 Time deposits
Giro 1.775 983 Current accounts
Tabungan 35 30 Saving accounts
Simpanan dari bank lain Deposits from other banks
Deposito berjangka 5 3 Time deposits
Giro 26 10 Current accounts
Call money 4.614 472 Call money
Pinjaman yang diterima 632 - Fund borrowing
Surat berharga subordinasi - 3.149 Subordinated securities
Jumlah 75.580 46.953 Total
Termasuk dalam bunga yang masih harus dibayar Included in interest payables from deposits from
dari simpanan dari nasabah adalah bunga yang customers and are interest payables to related
masih harus dibayar kepada pihak berelasi sebesar parties amounting to Rp12 and Rp3,149,
Rp12 dan Rp3.149 masing-masing pada tanggal 31 respectively as of December 31, 2024 and 2023
Desember 2024 dan 2023 (Catatan 34). (Note 34).
Bunga yang masih harus dibayar dalam mata uang Interest payables denominated in foreign
asing pada tanggal 31 Desember 2024 dan 2023 currencies as of December 31, 2024 and 2023
masing-masing adalah sebesar Rp39.110 dan amounted to Rp39,110 and Rp16,057.
Rp16.057.
25. SURAT BERHARGA SUBORDINASI 25. SUBORDINATED SECURITIES
Pada tanggal 26 Februari 2019, Bank menerbitkan On February 26, 2019, the Bank issued
surat berharga subordinasi sebesar USD30.000.000 subordinated securities of USD30,000,000 (full
(nilai penuh) dengan plafon sebesar amount) with plafond of USD50,000,000 (full
USD50.000.000 (nilai penuh) yang diambil oleh amount) that was subscribed by the ultimate
pemegang saham akhir, China Construction Bank shareholder, China Construction Bank
Corporation dalam rangka menambah modal Corporation to increase the Bank’s
pelengkap (Tier-2). Suku bunga pinjaman supplementary capital (Tier-2). Interest rate of
ditetapkan sebesar 3 (tiga) bulan LIBOR sampai subordinated securities is 3 (three) months
dengan 30 Juni 2023 dan selanjutnya menggunakan LIBOR up to June 30, 2023 and Secured
Secured Overnight Financing Rate (SOFR) Overnight Financing Financing Rate (SOFR)
ditambah 1,5% (150 bps) per tahun. Surat berharga onwards plus 1.5% (150 bps) per annum. The
subordinasi telah dilunasi pada tanggal subordinated securities has been fully paid on
26 Februari 2024. Pengakuan surat berharga February 26, 2024. Recognition of the
subordinasi sebagai tambahan komponen modal subordinated securities as part of the Bank’s
pelengkap (Tier-2) telah mendapat persetujuan OJK additional supplementary capital (Tier-2) was
melalui surat No. SR-80/PB.32/2019 tanggal approved by OJK in its letter
28 Juni 2019. No. SR-80/PB.32/2019 dated June 28, 2019.
94
Page 372
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
26. LIABILITAS LAIN-LAIN 26. OTHER LIABILITIES
31 Desember/December 31
2024 2023
Kewajiban trade dan Trade and treasury
treasuri operasional 17.158 7.652 operation liability
Liabilitas sewa 13.937 2.808 Lease liabilities
Provisi kredit diterima di muka 12.031 33.286 Advances on loan provision
Setoran jaminan 11.056 9.992 Security deposits
Cadangan kerugian penurunan nilai Allowance for impairment losses of
atas komitmen dan kontinjensi 4.893 7.354 commitments and contingencies
Biaya yang masih harus dibayar 4.446 5.102 Accrued expenses
Titipan nasabah 3.097 2.767 Customers deposits
Liabilitas kepada notaris 187 190 Liability to notary
Lain-lain 2.384 6.945 Others
Jumlah 69.189 76.096 Total
Lain-lain merupakan akrual biaya promosi, broker, Others represent accruals for promotion,
jasa profesional, dan lainnya. brokerage, professional expenses and others.
Liabilitas lain-lain dalam mata uang asing pada Other liabilities denominated in foreign currencies
tanggal 31 Desember 2024 dan 2023 as of December 31, 2024 and 2023 amounted to
masing-masing adalah sebesar Rp17.152 dan Rp17,152 and Rp31,393, respectively.
Rp31.393.
Pengungkapan liabilitas sewa pada tanggal Lease liabilities disclosed as of December 31,
31 Desember 2024 dan 2023 sebagai berikut: 2024 and 2023 are as follows:
31 Desember/December 31, 2024
Penambahan Liabilitas sewa
Saldo awal liabilitas Beban bunga yang telah Saldo akhir
1 Januari 2024/ sewa neto/ atas liabilitas dibayarkan/ 31 Desember 2024/
Beginning Addition of sewa/ Interest Lease Ending balance
balance lease payable on liabilities December 31,
Kategori aset pendasar January 1, 2024 liabilities net lease liabilities paid 2024 Category of underlying asset
Bangunan 1.953 - 92 (2.045) - Building
Kendaraan 835 4.096 216 (1.776) 3.371 Vehicle
Lainnya 20 18.120 411 (7.985) 10.566 Others
Jumlah 2.808 22.216 719 (11.806) 13.937 Total
31 Desember/December 31, 2023
Penambahan Liabilitas sewa
Saldo awal liabilitas Beban bunga yang telah Saldo akhir
1 Januari 2023/ sewa neto/ atas liabilitas dibayarkan/ 31 Desember 2023/
Beginning Addition of sewa/ Interest Lease Ending balance
balance lease payable on liabilities December 31,
Kategori aset pendasar January 1, 2023 liabilities net lease liabilities paid 2023 Category of underlying asset
Bangunan 123 3.823 182 (2.175) 1.953 Building
Kendaraan 2.509 - 115 (1.789) 835 Vehicle
Lainnya 6.058 47 580 (6.665) 20 Others
Jumlah 8.690 3.870 877 (10.629) 2.808 Total
95
Page 373
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
27. MODAL SAHAM 27. SHARE CAPITAL
Pada tanggal 11 Oktober 2019, Bank mendapatkan On October 11, 2019, the Bank has received
persetujuan Rapat Umum Pemegang Saham Luar approval from the Extraordinary General Meeting
Biasa sebagaimana termuat dalam Akta Berita of Shareholders as stated in Deed of Minutes of
Acara Rapat Umum Pemegang saham Luar Biasa Extraordinary General Meeting of Shareholders
No. 35 tanggal 11 Oktober 2019 yang dibuat di No. 35 dated October 11, 2019 made by Notary
hadapan Notaris Eliwaty Tjitra, S.H, Notaris di Eliwaty Tjitra SH, Notary in Jakarta, which
Jakarta yang menyetujui peningkatan modal approved to increase the Bank’s issued and paid-
ditempatkan dan disetor Bank dengan cara up capital by issuing new shares maximum of
mengeluarkan saham baru sebanyak-banyaknya 32,000,000,000 shares with nominal amount of
32.000.000.000 lembar saham dengan nilai nominal Rp100 (full amount) per share with offering price
masing-masing Rp100 (nilai penuh) per saham Rp150 (full amount) per share. Through Limited
dengan harga penawaran Rp150 (nilai penuh) per Public Offering (PUT) V in 2020, the Bank offers
saham. Melalui Penawaran Umum Terbatas (PUT) and issued 21,288,269,763 (twenty-one billion
V di 2020, Bank menawarkan dan menerbitkan two hundred and eighty-eight million two hundred
sebanyak 21.288.269.763 (dua puluh satu miliar dua and sixty-nine thousand seven hundred and sixty-
ratus delapan puluh delapan juta dua ratus enam three) New Shares.
puluh sembilan ribu tujuh ratus enam puluh tiga)
Saham Baru.
Hasil penerbitan saham tersebut telah diterima oleh The proceed of shares issuance has been
Bank sehingga dengan demikian jumlah seluruh received by the Bank so therefore the total
saham ditempatkan dan disetor penuh Bank number of issued and fully paid-up shares of the
meningkat menjadi 37.919.730.514 lembar saham Bank increases to 37,919,730,514 shares or
atau sebesar Rp3.791.973 dan terdapat Rp3,791,973 and increase the additional paid in
penambahan nilai tambahan modal disetor capital amounted to Rp1,029,030 to be
sebanyak Rp1.029.030 menjadi Rp1.267.378 Rp1,267,378 as stated in Deed of Resolutions
sebagaimana termuat dalam Akta Pernyataan Statement No. 87 dated December 16, 2020 by
Keputusan Rapat No. 87 tanggal 16 Desember 2020 Notary Eliwaty Tjitra SH, Notary in Jakarta, which
yang dibuat di hadapan Notaris Eliwaty Tjitra, SH has been approved by Ministry of Laws and
Notaris di Jakarta, yang telah mendapat persetujuan Human Rights No. AHU-AH.0221010. Year 2020
Menteri Hukum dan Hak Asasi Manusia dated December 30, 2020 and notice of the
No. AHU-AH.0221010 Tahun 2020 tanggal amendment has been received and recorded by
30 Desember 2020 dan pemberitahuan perubahan Ministry of Laws and Human Rights of the
anggaran dasarnya telah diterima dan dicatat dalam Republic of Indonesia as stated in the Letter
Sistem Administrasi Badan Hukum Menkumham AHU-AH.01.03-0425446 dated December 30,
No. AHU-AH.01.03-0425446 tanggal 2020.
30 Desember 2020.
Komposisi pemegang saham bank pada tanggal 31 The composition of banks’ shareholders as of
Desember 2024 dan 2023 adalah sebagai berikut: december 31, 2024 and 2023:
31 Desember 2024/December 31, 2024
Nilai nominal
per lembar saham
Jumlah lembar (nilai penuh)/ Jumlah nilai Persentase
saham/ Par value saham/ kepemilikan/
Number of per share Total shares Percentage of
shares (full amount) value ownership
Pemegang saham Shareholders
China Construction Bank China Construction Bank
Corporation 22.751.563.707 100 2.275.157 60,00% Corporation
UOB Kay Hian 3.112.832.456 100 311.283 8,21% UOB Kay Hian
Johnny Wiraatmadja 2.631.113.705 100 263.111 6,94% Johnny Wiraatmadja
Masyarakat (masing-masing
di bawah 5%) 9.424.220.646 100 942.422 24,85% Public (each below 5%)
Jumlah 37.919.730.514 100 3.791.973 100,00% Total
96
Page 374
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
27. MODAL SAHAM (lanjutan) 27. SHARE CAPITAL (continued)
Komposisi pemegang saham bank pada tanggal 31 The composition of banks’ shareholders as of
desember 2024 dan 2023 adalah sebagai berikut: december 31, 2024 and 2023: (continued)
(lanjutan)
31 Desember 2023/December 31, 2023
Nilai nominal
per lembar saham
Jumlah lembar (nilai penuh)/ Jumlah nilai Persentase
saham/ Par value saham/ kepemilikan/
Number of per share Total shares Percentage of
shares (full amount) value ownership
Pemegang saham Shareholders
China Construction Bank China Construction Bank
Corporation 22.751.563.707 100 2.275.157 60,00% Corporation
UOB Kay Hian 3.112.882.656 100 311.288 8,21% UOB Kay Hian
Johnny Wiraatmadja 2.631.113.705 100 263.111 6,94% Johnny Wiraatmadja
Masyarakat (masing-masing
di bawah 5%) 9.424.170.446 100 942.417 24,85% Public (each below 5%)
Jumlah 37.919.730.514 100 3.791.973 100,00% Total
28. PENDAPATAN BUNGA 28. INTEREST INCOME
Untuk Tahun yang berakhir 31 Desember/
For the year ended December, 31
2024 2023
Kredit yang diberikan 1.714.466 1.325.422 Loans
Efek-efek 364.434 90.564 Marketable securities
Penempatan pada Bank Indonesia Placements with Bank
dan bank lain 45.862 40.168 Indonesia and other banks
Giro pada Bank Indonesia Current accounts with Bank
dan bank lain 13.168 11.520 Indonesia and other banks
Tagihan atas efek-efek yang dibeli Receivables on securities
dengan janji dijual kembali 4.010 222.504 under agreements to resale
Jumlah 2.141.940 1.690.178 Total
Pendapatan bunga yang berasal dari pihak berelasi Interest income from related parties amounted to
sebesar Rp398 dan Rp485 masing-masing pada Rp398 and Rp485 as of December 31, 2024 and
tanggal 31 Desember 2024 dan 2023 (Catatan 34). 2023, respectively (Note 34).
29. BEBAN BUNGA 29. INTEREST EXPENSES
Untuk Tahun yang berakhir 31 Desember/
For the year ended December, 31
2024 2023
Deposito berjangka 882.140 587.476 Time deposits
Giro 87.419 45.939 Current accounts
Simpanan dari bank lain 69.565 15.334 Deposits from other banks
Premi penjaminan pemerintah 44.650 32.366 Premium on government guarantee
Liabilitas atas efek-efek yang dijual Liabilities on securities
dengan janji dibeli kembali 36.187 626 sold under repurchase agreements
Tabungan 19.599 17.405 Saving accounts
Surat berharga subordinasi 5.934 34.153 Subordinated securities
Pinjaman yang diterima 636 - Fund borrowing
Jumlah 1.146.130 733.299 Total
Beban bunga kepada pihak berelasi sebesar Rp418 Interest expenses to related parties amounted to
dan Rp34.607 masing-masing pada tanggal 31 Rp418 and Rp34,607 as of December 31, 2024
Desember 2024 dan 2023 (Catatan 34). and 2023, respectively (Note 34).
97
Page 375
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
30. BEBAN UMUM DAN ADMINISTRASI 30. GENERAL AND ADMINISTRATIVE EXPENSES
Untuk Tahun yang berakhir 31 Desember/
For the year ended December, 31
2024 2023
Biaya penyusutan aset tetap Depreciation of fixed assets
dan aset hak guna (Catatan 13) 59.017 50.729 and right-of-uses (Note 13)
Jasa profesional 24.750 22.643 Professional fees
Teknologi sistem informasi 22.686 26.491 IT system
Outsourcing 22.031 21.970 Outsourcing
Pungutan OJK 13.941 12.417 OJK levy
Biaya barang dan jasa 8.532 8.968 Cost of goods and services
Perjalanan dan transportasi 8.318 7.826 Travel and transportation
Latihan dan pendidikan 8.257 7.352 Training and education
Perbaikan dan pemeliharaan 7.612 6.847 Repairs and maintenance
Sewa kantor 7.289 6.271 Rental
Jasa transaksi ATM 6.251 6.686 ATM transaction fees
Core deposits intangible 5.543 5.543 Core deposits intangible
Pajak dan perizinan 3.868 2.307 Tax & license
Alat-alat tulis dan perlengkapan kantor 2.978 3.200 Stationery and office supplies
Biaya keanggotaan dan representasi 2.644 3.489 Membership and representation
Administrasi bank 2.197 7.632 Bank charges
Publikasi 2.195 2.610 Publications
Biaya premi asuransi 1.353 1.016 Insurance Premi
Iuran dana pensiun (Catatan 36) 1.293 1.321 Contribution pension plan (Note 36)
Lain-lain 33.125 30.991 Others
Jumlah 243.880 236.309 Total
31. BEBAN TENAGA KERJA 31. PERSONNEL EXPENSES
Untuk Tahun yang berakhir 31 Desember/
For the year ended December, 31
2024 2023
Gaji dan tunjangan lainnya 248.762 245.060 Salaries and other benefits
Bonus 31.200 32.400 Bonus
Tunjangan hari raya dan akhir tahun 30.182 30.022 Festives and year-end allowances
Jumlah 310.144 307.482 Total
98
Page 376
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
32. KOMITMEN DAN KONTINJENSI 32. COMMITMENTS AND CONTINGENCIES
Bank memiliki tagihan dan liabilitas komitmen dan The Bank has commitments and contingent
kontinjensi dengan rincian sebagai berikut: receivables and liabilities as follows:
31 Desember/December, 31
2024 2023
Komitmen Commitments
Tagihan komitmen Commitment receivables
Transaksi mata uang asing Unsettled foreign currencies
yang belum diselesaikan 2.417.450 1.317.853 transactions
Irrevocable letters of credit 5.396 22.354 Irrevocable letters of credit
Liabilitas komitmen Commitment liabilities
Fasilitas kredit kepada nasabah
yang belum digunakan (4.968.804) (6.861.882) Unused loan facilities
Irrevocable letters of credit (5.396) (22.354) Irrevocable letters of credit
Transaksi mata uang asing Unsettled foreign currencies
yang belum diselesaikan (2.435.096) (1.307.554) transactions
Liabilitas komitmen - neto (4.986.450) (6.851.583) Commitment liabilities - net
Kontinjensi Contingencies
Tagihan kontinjensi Contingent receivables
Pendapatan bunga
dalam penyelesaian 24.751 187.811 Past due interest revenues
Garansi yang diterima 3.676.296 4.776.848 Guarantee received
Liabilitas kontinjensi Contingent liabilities
Garansi yang diterbitkan (886.490) (966.878) Guarantee issued
Liabilitas kontinjensi - neto 2.814.557 3.997.781 Contingent liabilities - net
Saldo transaksi komitmen dan kontinjensi dengan Commitments and contingencies transactions
pihak berelasi sebesar RpNihil dan RpNihil masing- with related parties amounted to RpNil and RpNil
masing pada tanggal 31 Desember 2024 dan 2023. as of December 31, 2024 and 2023, respectively.
Perubahan nilai tercatat bruto atas tagihan dan Movements in the gross carrying amount of
liabilitas komitmen dan kontinjensi adalah sebagai commitments and contingencies are as follows:
berikut:
Tahap 1/ Tahap 2/ Tahap 3/
Stage 1 Stage 2 Stage 3 Total
Nilai tercatat bruto awal Initial gross carrying amount
1 Januari 2023 4.903.403 - - 4.903.403 1 January, 2023
Aset baru 3.153.554 - - 3.153.554 New assets originated
Aset dihentikan
pengakuannya atau Assets derecognized
dilunasi (kecuali or repaid
hapus buku) (205.843) - - (205.843) (excluding write-offs)
Pengalihan ke tahap 2 (3.463) 3.463 - - Transfer to stage 2
Pengukuran kembali - - - - Remeasurement
31 Desember 2023 7.847.651 3.463 - 7.851.114 December 31, 2023
Aset baru 1.315.806 - - 1.315.806 New assets originated
Aset dihentikan
pengakuannya atau Assets derecognized
dilunasi (kecuali or repaid
hapus buku) (1.401.409) (1.574) - (1.402.983) (excluding write-offs)
Pengalihan ke tahap 3 (5) - 5 - Transfer to stage 3
Pengukuran kembali (1.903.160) (87) - (1.903.247) Remeasurement
31 Desember 2024 5.858.883 1.802 5 5.860.690 December 31, 2024
99
Page 377
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
32. KOMITMEN DAN KONTINJENSI (lanjutan) 32. COMMITMENTS AND CONTINGENCIES
(continued)
Perubahan cadangan kerugian penurunan nilai atas The movements in the allowance for impairment
komitmen dan kontinjensi adalah sebagai berikut: losses of commitments and contingencies are as
follows:
Tahap 1/ Tahap 2/ Tahap 3/
Stage 1 Stage 2 Stage 3 Total
Saldo awal Beginning balance
1 Januari 2023 7.051 - - 7.051 1 January, 2023
Aset baru 173 - - 173 New assets originated
Aset dihentikan Assets derecognized
pengakuannya atau or repaid
dilunasi (kecuali hapus buku) - - - - (excluding write-offs)
Pengalihan ke tahap 2 (150) 150 - - Transfer to stage 2
Pengukuran kembali 130 - - 130 Remeasurement
31 Desember 2023 7.204 150 - 7.354 December 31, 2023
Aset baru 2.345 - - 2.345 New assets originated
Aset dihentikan Assets derecognized
pengakuannya atau or repaid
dilunasi (kecuali hapus buku) (4.001) (40) - (4.041) (excluding write-offs)
Pengalihan ke tahap 3 (1) - 1 Transfer to stage 3
Pengukuran kembali (689) (76) - (765) Remeasurement
31 Desember 2024 4.858 34 1 4.893 December 31, 2024
33. LABA BERSIH PER SAHAM 33. EARNINGS PER SHARE
Laba bersih per saham dasar dihitung dengan Basic earnings per share is calculated by dividing
membagi laba bersih tahun berjalan dengan rata- net income by the weighted average number of
rata tertimbang jumlah saham yang beredar pada outstanding shares during the related years.
tahun yang bersangkutan.
Pada tanggal 31 Desember 2024 dan 2023, tidak As of December 31, 2024 and 2023, there were
ada efek yang berpotensi menjadi saham biasa. no securities which can be converted into
Oleh karena ini, laba per saham dilusian sama common shares. Therefore, diluted earnings per
dengan laba per saham dasar. share is equivalent to basic earnings per share.
Untuk Tahun yang berakhir 31 Desember/
For the year ended December, 31
2024 2023
Laba bersih tahun berjalan 295.402 241.291 Net income for the year
Jumlah rata-rata tertimbang Weighted average number of shares
saham untuk perhitungan for the computation of
laba per saham 37.919.730.514 37.919.730.514 basic earnings per share
Laba bersih per saham dasar dan Basic and diluted earnings
dilusian (dalam Rupiah penuh) 7,79 6,36 per share (in full Rupiah)
100
Page 378
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
34. SIFAT DAN TRANSAKSI PIHAK BERELASI 34. NATURE OF RELATIONSHIP AND
TRANSACTIONS WITH RELATED PARTIES
Sifat hubungan berelasi Nature of relationship
Rincian sifat hubungan dan jenis transaksi yang The details of the relationship and type of
signifikan dengan pihak berelasi pada tanggal significant transactions with related parties as of
31 Desember 2024 dan 2023 adalah sebagai December 31, 2024 and 2023 are as follows:
berikut:
Pihak berelasi/ Sifat dari hubungan/ Sifat dari transaksi/
Related parties Nature of relationship Nature of transactions
China Construction Bank Corporation/ Pemegang saham akhir/Ultimate Surat berharga subordinasi,
China Construction Bank Corporation shareholder Simpanan dari bank
lain/Subordinated securities,
Deposits from other banks
China Construction Bank Corporation, Kantor cabang dari pemegang saham Giro pada bank lain/Current accounts
Cabang Tokyo/ akhir/Branch office of the ultimate with other banks
China Construction Bank Corporation, shareholder
Tokyo Branch
China Construction Bank Corporation, Kantor cabang dari pemegang saham Giro pada bank lain/Current accounts
Cabang Shenzhen/ akhir/Branch office of the ultimate with other banks
China Construction Bank Corporation, shareholder
Shenzhen Branch
China Construction Bank Corporation, Kantor cabang dari pemegang saham Giro pada bank lain/Current accounts
Cabang London/ akhir/Branch office of the ultimate with other banks
China Construction Bank Corporation, shareholder
London Branch
China Construction Bank Corporation, Kantor cabang dari pemegang saham Giro pada bank lain/Current accounts
Cabang Zhejiang/ akhir/Branch office of the ultimate with other banks
China Construction Bank Corporation, shareholder
Zhejiang Branch
China Construction Bank Corporation, Kantor cabang dari pemegang saham Tagihan trade finance/Trade Finance
Cabang Shaanxi/ akhir/Branch office of the ultimate Billing
China Construction Bank Corporation, shareholder
Shaanxi Branch
Dana Pensiun Bank Windu/ Dikelola oleh pejabat eksekutif Simpanan dari nasabah/Deposits
Bank Windu Pension Fund Bank/Controlled by Bank’s from customers
executive officers
Dewan Komisaris, Direksi dan Manajemen Bank/The Bank’s Kredit yang diberikan, Simpanan dari
karyawan kunci/Board of Management nasabah /Loans, Deposits from
Commissioners, Board of customers
Directors and the Bank’s key
personnel
101
Page 379
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
34. SIFAT DAN TRANSAKSI PIHAK BERELASI 34. NATURE OF RELATIONSHIP AND
(lanjutan) TRANSACTIONS WITH RELATED PARTIES
(continued)
Transaksi-transaksi dengan pihak berelasi Transactions with related parties
Dalam kegiatan usaha normal, Bank melakukan In the normal course of business, the Bank
transaksi-transaksi tertentu dengan pihak-pihak entered into certain transactions with related
berelasi, dimana dilaksanakan dengan syarat dan parties, whereby it was conducted under terms
kondisi yang sama sebagaimana dilakukan dengan and conditions similar to those granted to third
pihak yang tidak berelasi, kecuali untuk kredit yang parties, with the exception of loans granted to the
diberikan kepada karyawan. Bank’s employees.
a. Transaksi aset dengan pihak berelasi adalah a. Asset account balances of transactions with
sebagai berikut: related parties are as follows:
31 Desember/December 31
2024 2023
Aset Assets
Kredit yang diberikan 5.631 6.569 Loans
Giro pada bank lain: Current accounts with other banks:
China Construction Bank China Construction Bank
Corporation, Cabang Corporation,
Shenzhen 24.761 17.877 Shenzhen Branch
China Construction Bank China Construction Bank
Corporation, Cabang Zhejiang 20.715 7.470 Corporation, Zhejiang Branch
China Construction Bank China Construction Bank
Corporation, Cabang Tokyo 1.759 1.631 Corporation, Tokyo Branch
China Construction Bank China Construction Bank
Corporation, Cabang London 53 3.717 Corporation, London Branch
Pendapatan bunga yang
masih akan diterima 12 15 Interest receivables
Aset lain-lain: Other assets:
China Construction Bank China Construction Bank
Corporation, Cabang Shaanxi 29.449 - Corporation, Shaanxi Branch
Jumlah aset dari pihak-pihak Total assets with
berelasi 82.380 37.279 related parties
Jumlah aset 33.545.461 27.851.946 Total assets
Persentase atas saldo aset dari pihak-pihak The percentages of asset balances with
berelasi terhadap jumlah aset adalah sebagai related parties compared to total assets are
berikut: as follows:
31 Desember/December 31
2024 2023
Kredit yang diberikan 0,02% 0,02% Loans
Giro pada bank lain 0,14% 0,11% Current accounts with other banks
Pendapatan bunga yang masih
akan diterima 0,00% 0,00% Interest receivables
Aset lain - lain 0,09% - Other assets
Persentase aset dari pihak-pihak Total percentage of assets with
berelasi terhadap jumlah aset 0,25% 0,13% related parties to total assets
102
Page 380
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
34. SIFAT DAN TRANSAKSI PIHAK BERELASI 34. NATURE OF RELATIONSHIP AND
(lanjutan) TRANSACTIONS WITH RELATED PARTIES
(continued)
Transaksi-transaksi dengan pihak berelasi Transactions with related parties (continued)
(lanjutan)
b. Transaksi liabilitas dengan pihak berelasi b. Liabilities account balances of transactions
adalah sebagai berikut: with related parties are as follows:
31 Desember/December 31
2024 2023
Liabilitas Liabilities
Simpanan dari nasabah 18.329 16.788 Deposits from customers
Simpanan dari bank lain 171 70 Deposits from other banks
Bunga yang masih harus dibayar 12 3.149 Interest payables
Surat berharga subordinasi - 461.910 Subordinated securities
Jumlah liabilitas dari pihak-pihak
berelasi 18.512 481.917 Total liabilities with related parties
Jumlah liabilitas 26.703.665 21.311.389 Total liabilities
Persentase atas saldo liabilitas dari pihak-pihak The percentages of liability balances with
berelasi terhadap jumlah liabilitas adalah related parties compared to total liabilities are
sebagai berikut: as follows:
31 Desember/December 31
2024 2023
Simpanan dari nasabah 0,07% 0,08% Deposits from customers
Simpanan dari bank lain 0,00% 0,00% Deposits from other banks
Bunga yang masih harus dibayar 0,00% 0,01% Interest payables
Surat berharga subordinasi - 2,17% Subordinated securities
Persentase liabilitas dari pihak- Total percentage of liabilities
pihak berelasi terhadap with related parties to
jumlah liabilitas 0,07% 2,26% total liabilities
c. Transaksi laba rugi dengan pihak berelasi c. Statements of profit or loss transactions with
adalah sebagai berikut: related parties are as follows:
Untuk Tahun yang berakhir 31 Desember/
For the year ended December, 31
2024 2023
Laporan laba rugi Statements of profit or loss
Pendapatan bunga 398 485 Interest income
Beban bunga 418 34.607 Interest expenses
Persentase atas saldo laporan laba rugi dari The percentages of statements of profit and
pihak-pihak berelasi terhadap jumlah masing- loss balance with related parties compared to
masing adalah sebagai berikut: respective totals are as follows:
Untuk Tahun yang berakhir 31 Desember/
For the year ended December, 31
2024 2023
Pendapatan bunga 0,02% 0,03% Interest income
Beban bunga 0,04% 4,72% Interest expenses
103
Page 381
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
34. SIFAT DAN TRANSAKSI PIHAK BERELASI 34. NATURE OF RELATIONSHIP AND
(lanjutan) TRANSACTIONS WITH RELATED PARTIES
(continued)
Transaksi-transaksi dengan pihak berelasi Transactions with related parties (continued)
(lanjutan)
d. Kompensasi manajemen kunci: d. Compensation of key management
personnels:
Jumlah agregat dari kompensasi terhadap The aggregate compensation of key
manajemen kunci Bank pada tanggal management personnel of the Bank as of
31 Desember 2024 dan 2023 adalah sebagai December 31, 2024 and 2023 are as follows
berikut (tidak diaudit): (unaudited):
31 Desember/December 31
2024 2023
Imbalan jangka pendek Short-term employee benefits
Direksi 30.686 31.698 Board of Directors
Dewan Komisaris 3.012 2.872 Board of Commissioners
Komite Audit 755 622 Audit Committee
Karyawan kunci 61.760 63.471 Key management personnel
Imbalan jangka panjang Post-employment benefits
Karyawan kunci - 91 Key management personnels
Jumlah 96.213 98.754 Total
Nilai wajar adalah harga yang akan diterima untuk Fair value is the price that would be received to
menjual suatu aset atau harga yang akan dibayar sell an asset or paid to transfer a liability in an
untuk mengalihkan suatu liabilitas dalam transaksi orderly transaction between market participants
teratur antara pelaku pasar pada tanggal at the measurement date.
pengukuran.
104
Page 382
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
35. NILAI WAJAR ASET DAN LIABILITAS 35. FAIR VALUE OF FINANCIAL ASSETS AND
KEUANGAN LIABILITIES
Tabel berikut menunjukkan nilai tercatat dan The following table sets forth the carrying
estimasi nilai wajar aset dan liabilitas keuangan amounts and estimated fair values of Bank
Bank pada tanggal 31 Desember 2024 dan 2023: financial assets and liabilities as of
December 31, 2024 and 2023:
31 Desember/December 31
2024 2023
Nilai tercatat/ Nilai wajar/ Nilai tercatat/ Nilai wajar/
Carrying value Fair value Carrying value Fair value
Aset keuangan Financial assets
Nilai wajar melalui laba atau rugi Fair value through profit or loss
Tagihan derivatif 4.316 4.316 12.832 12.832 Derivative receivables
Nilai wajar melalui penghasilan Fair value through
komprehensif lain other comprehensive income
Efek-efek 5.807.121 5.807.121 4.208.153 4.208.153 Marketable securities
Diukur pada biaya perolehan
diamortisasi Measured at amortized cost
Kas 169.338 169.338 212.839 212.839 Cash
Giro pada Current accounts with
Bank Indonesia 1.490.587 1.490.587 1.552.681 1.552.681 Bank Indonesia
Current accounts with
Giro pada bank lain - neto 165.457 165.457 139.016 139.016 other banks - net
Penempatan pada
Bank Indonesia dan Placements with Bank Indonesia
bank lain - neto 338.006 338.006 44.999 44.999 and other banks - net
Efek-efek - neto 1.142.691 1.142.516 450.630 452.866 Marketable securities
Tagihan akseptasi - neto 12.260 12.260 - - Acceptance receivables
Tagihan atas efek-efek yang Receivables on securities purchased
dibeli dengan janji dijual kembali - - 1.069.249 1.069.249 under agreements to resale
Kredit yang diberikan - neto 23.012.879 23.012.879 18.846.417 18.846.417 Loans - net
Pendapatan bunga yang
masih akan diterima 158.830 158.830 98.444 98.444 Interest receivables
Aset lain-lain* 34.454 34.454 6.257 6.257 Other assets*
Jumlah aset keuangan 32.335.939 32.335.764 26.641.517 26.643.753 Total financial assets
Liabilitas keuangan Financial liabilities
Liabilitas segera 14.928 14.928 20.501 20.501 Obligation due immediately
Liabilitas derivatif 20.350 20.350 2.023 2.023 Derivative payables
Liabilitas akseptasi 12.262 12.262 - - Acceptance payables
Simpanan dari nasabah: Deposits from customers:
Giro 4.009.871 4.009.871 3.126.957 3.126.957 Current accounts
Tabungan 1.164.249 1.164.249 1.087.415 1.087.415 Saving account
Deposito berjangka 18.183.353 18.183.353 15.772.440 15.772.440 Time deposits
Simpanan dari bank lain 844.674 844.674 324.650 324.650 Deposits from other banks
Liabilitas atas efek-efek Receivables on securities
yang dijual dengan sold under repruchase
janji dibeli kembali 1.552.058 1.552.058 94.295 94.295 agreement
Pinjaman yang diterima 482.850 482.850 - - Fund borrowing
Surat berharga subordinasi - - 461.910 461.910 Subordinated securities
Bunga yang masih
harus dibayar 75.580 75.580 46.953 46.953 Interest payables
Liabilitas lain-lain** 11.243 11.243 10.182 10.182 Other liabilities**
Jumlah liabilitas keuangan 26.371.418 26.371.418 20.947.326 20.947.326 Total financial liabilities
*) Aset lain-lain terdiri dari tagihan transaksi ATM Prima, uang jaminan *)Other assets consist of ATM Prima billing transaction, deposit guarantee
dan tagihan trade finance and trade finance billing
**) Liabilitas lain-lain terdiri dari setoran jaminan dan liabilitas kepada notaris **)Other liabilities consist of deposits and liability to notary
105
Page 383
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
35. NILAI WAJAR ASET DAN LIABILITAS 35. FAIR VALUE OF FINANCIAL ASSETS AND
KEUANGAN (lanjutan) LIABILITIES (continued)
Instrumen keuangan Bank diakui pada nilai wajar The Bank’s financial instruments recognised at
berdasarkan hierarki sebagai berikut: fair value based on the hierarchy described
below:
(i) Tingkat 1: dikutip dari harga pasar aktif untuk (i) Level 1: quoted (unadjusted) prices in active
aset atau liabilitas keuangan yang identik; markets for identical financial assets or
liabilities;
(ii) Tingkat 2: yang melibatkan input selain dari (ii) Level 2: those involving inputs other than
harga pasar aktif yang dikutip yang termasuk quoted prices included in Level 1 that are
dalam tingkat 1 yang dapat diobservasi untuk observable for the asset or liability, either
aset dan liabilitas, baik secara langsung (seperti directly (as prices) or indirectly (derived from
harga) atau tidak langsung (turunan dari harga); prices);
(iii) Tingkat 3: input untuk aset dan liabilitas yang (iii) Level 3: those with inputs for the asset or
tidak didasarkan pada data yang dapat liability that are not based on observable
diobservasi di pasar (input yang tidak dapat market data (unobservable inputs).
diobservasi).
Instrumen keuangan yang diukur pada nilai wajar Financial instruments measured at fair value
Tabel di bawah ini menunjukkan instrumen The tables below show the financial instruments
keuangan yang diukur pada nilai wajar yang measured at fair value grouped according to the
dikelompokkan berdasarkan hierarki nilai wajar: fair value hierarchy:
31 Desember/December 31, 2024
Tingkat/ Tingkat/ Tingkat/ Jumlah/
Level 1 Level 2 Level 3 Total
Aset keuangan Financial assets
Nilai wajar melalui laba atau rugi Fair value through profit or loss
Tagihan derivatif - 4.316 - 4.316 Derivative receivables
Diukur pada nilai wajar melalui Measured at fair value through
penghasilan komprehensif lain other comprehensive income
Efek-efek 5.807.121 - - 5.807.121 Marketable securities
5.807.121 4.316 - 5.811.437
31 Desember/December 31, 2023
Tingkat/ Tingkat/ Tingkat/ Jumlah/
Level 1 Level 2 Level 3 Total
Aset keuangan Financial assets
Nilai wajar melalui laba atau rugi Fair value through profit or loss
Tagihan derivatif - 12.832 - 12.832 Derivative receivables
Diukur pada nilai wajar melalui Measured at fair value through
penghasilan komprehensif lain other comprehensive incomed
Efek-efek 4.208.153 - - 4.208.153 Marketable securities
4.208.153 12.832 - 4.220.985
106
Page 384
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
35. NILAI WAJAR ASET DAN LIABILITAS 35. FAIR VALUE OF FINANCIAL ASSETS AND
KEUANGAN (lanjutan) LIABILITIES (continued)
Instrumen keuangan yang tidak diukur pada nilai Financial instruments not measured at fair value
wajar
Kredit yang diberikan dan surat berharga Loans and subordinated securities which are
subordinasi yang merupakan instrumen keuangan financial instruments that are not measured at fair
yang tidak diukur pada nilai wajarnya value are classified as Level 3 in the fair value
dikelompokkan sebagai Tingkat 3 dalam hierarki hierarchy.
nilai wajar.
Nilai wajar aset dan liabilitas keuangan selain efek- Fair values of certain financial assets and
efek yang dimiliki hingga jatuh tempo, kredit yang liabilities other than held-to-maturity securities,
diberikan dan surat berharga subordinasi mendekati loans and subordinated securities are
nilai tercatat karena instrumen keuangan tersebut approximately the same with their carrying
memiliki jangka waktu jatuh tempo jangka pendek amounts due to the short-term maturities of these
(level 2) dan/atau suku bunganya sering ditinjau financial instruments and/or repriced frequently
ulang. (level 2).
Nilai wajar dari kredit yang diberikan dengan suku The carrying amounts of variable rate loans and
bunga mengambang dan nilai tercatat atas kredit short-term fixed rate loans are the reasonable
jangka pendek dengan suku bunga tetap adalah approximation of their fair values. The carrying
perkiraan yang layak atas nilai wajar. Nilai wajar dari amount of long term fixed rate loans shows the
kredit jangka panjang yang diberikan dengan suku discounted estimated future cash flows. The cash
bunga tetap menunjukkan nilai diskon dari perkiraan flows estimation is discounted at the market
arus kas masa depan yang diharapkan akan interest rate to determine fair value. Included in
diterima oleh Bank. Perkiraan arus kas ini loans are allowance for impairment losses which
didiskontokan dengan menggunakan suku bunga are calculated using the method as disclosed in
pasar untuk menentukan nilai wajar. Termasuk di Note 2.
dalam kredit yang diberikan adalah cadangan
kerugian penurunan nilai yang telah diperhitungkan
dengan metode yang disajikan pada Catatan 2.
Surat berharga subordinasi memiliki tingkat suku The subordinated securities bear variable rate.
bunga mengambang (level 2). Oleh karena itu, nilai Therefore (level 2), the amortized cost represent
tercatat mencerminkan nilai wajar. reasonable approximation of the fair value.
36. LIABILITAS IMBALAN KERJA KARYAWAN 36. EMPLOYMENT BENEFITS OBLIGATION
Liabilitas imbalan kerja karyawan terdiri dari: Employment benefits obligation consists of:
31 Desember/December 31
2024 2023
Liabilitas imbalan kerja - jangka panjang 92.949 98.769 Long-term employee benefits
Liabilitas imbalan kerja - lainnya 72.736 69.731 Long-term employee benefits - other
Jumlah 165.685 168.500 Total
107
Page 385
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
36. LIABILITAS IMBALAN KERJA KARYAWAN 36. EMPLOYMENT BENEFITS OBLIGATION
(lanjutan) (continued)
Imbalan kerja lainnya Other employee benefits
Imbalan kerja lainnya termasuk imbalan kerja Other employee benefits include short-term
jangka pendek untuk bonus dan imbalan kerja employee benefits for bonuses and long-term
jangka panjang untuk manajemen. Bank mengakui employee benefits for management. The Bank
liabilitas dan beban imbalan kerja jangka pendek recognises liabilities and expenses for short-term
untuk bonus berdasarkan rumusan yang employee benefits for bonuses based on a
mempertimbangkan kinerja karyawan dan laba formula that takes into consideration the
sebelum pajak Bank setelah penyesuaian tertentu employee’s performance and the Bank’s income
yang menyebabkan kewajiban konstruktif. Bank before tax expense after certain adjustments has
mengakui liabilitas dan beban imbalan kerja jangka created a constructive obligation. The Bank
panjang untuk manajemen berdasarkan rumusan recognises liabilities and expenses for long-term
yang mempertimbangkan masa kerja manajemen employee benefits for management based on a
pada akhir periode pelaporan. formula that takes into consideration the
management’s service periods at the end of
reporting period.
Program pensiun manfaat pasti Defined benefits pension plan
Bank mempunyai imbalan pasca-kerja manfaat As of December 31, 2024 and 2023 the Bank
pasti yang terdiri atas program pensiun imbalan provides post-employment defined benefits which
pasti dan imbalan pasca-kerja per tanggal consist of a defined benefits pension plan and
31 Desember 2024 dan 2023 sesuai dengan post-employments benefits in accordance with
Undang-Undang Nomor 6 tahun 2023, PP Nomor 35 Law No. 6 of 2023, PP No. 35 of 2021 on Job
tahun 2021 tentang Cipta Kerja dan Peraturan Creation and the Bank’s Regulation period
Perusahaan periode 2024-2026. 2024-2026.
Bank membentuk liabilitas atas imbalan pasca-kerja The Bank calculates the employee defined
manfaat pasti dan imbalan kerja jangka panjang benefits liabilities and long-term employee
untuk Pejabat dan karyawan yang memenuhi kriteria benefits for eligible Board level and employee
berdasarkan perhitungan aktuaria oleh based on the actuarial calculations of
PT Biro Pusat Aktuaria, pihak ketiga dalam PT Biro Pusat Aktuaria, a third party in their report
laporannya tertanggal 20 Januari 2025 dan dated January 20, 2025 and January 17, 2024 for
17 Januari 2024 untuk tahun yang berakhir pada the years ended on December 31, 2024 and
tanggal 31 Desember 2024 dan 2023. 2023.
Program pensiun imbalan pasti didanai, dikelola The defined benefits pension plan is funded and
oleh Dana Pensiun Bank Windu, pihak berelasi, managed by Dana Pensiun Bank Windu, a related
untuk karyawan Bank yang telah diangkat dan party, for registered employees. The employee’s
mendaftarkan diri sebagai peserta. Kontribusi contribution is 5.00% of the employee’s base
pegawai adalah sebesar 5,00% dari penghasilan salary and the remaining amounts required to
dasar karyawan dan sisa jumlah yang diperlukan fund the plan are contributed by the Bank.
untuk mendanai program tersebut dikontribusi oleh Employer’s contribution to this program
Bank. Kontribusi pemberi kerja pada program ini recognised in the statements of profit or loss and
yang dilaporkan dalam laporan laba rugi dan other comprehensive income for the years ended
penghasilan komprehensif lain untuk tahun yang December 31, 2024 and 2023 amounted to
berakhir pada tanggal 31 Desember 2024 dan 2023 Rp1,293 and Rp1,321, respectively.
masing-masing sebesar Rp1.293 dan Rp1.321.
108
Page 386
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
36. LIABILITAS IMBALAN KERJA KARYAWAN 36. EMPLOYMENT BENEFITS OBLIGATION
(lanjutan) (continued)
Berikut ini adalah asumsi utama yang digunakan The following are the key assumptions used in the
dalam laporan aktuaria: actuarial reports:
31 Desember/December 31
2024 2023
Tingkat diskonto imbalan kerja Long term employee benefit
jangka panjang karyawan 6,88% - 7,13% 6,37%-7,10% discount rate
Tingkat pengembalian aset program 7,06% 6,63% Expected return on plan assets
Tingkat kenaikan gaji per tahun 3,00% 3,00% Annual salary increase rates
Tingkat kematian TMI_2019*) TMI_2019*) Mortality rate
Usia pensiun (tahun) 55 55 Retirement age (years old)
*)
Tabel Mortalita Indonesia *) Mortality Table of Indonesia 2019
a. Liabilitas imbalan kerja a. Employee benefits liabilities
31 Desember/December 31, 2024
Program pensiun
Program pensiun Program pensiun imbalan pasti
imbalan pasti imbalan pasti tidak didanai
didanai/ tidak didanai/ lainnya/
Defined benefits Defined benefits Other defined
pension plan pension benefits pension
- funded plan - unfunded - unfunded
Nilai kini liabilitas
imbalan kerja 18.258 92.949 18.258 Present value of benefits obligation
Nilai wajar aset program (22.854) - - Fair value of plan assets
Pengaruh aset plafon 4.596 - - The effect of assets ceiling
Liabilitas - neto - 92.949 18.258 Liabilities - net
31 Desember/December 31, 2023
Program pensiun
Program pensiun Program pensiun imbalan pasti
imbalan pasti imbalan pasti tidak didanai
didanai/ tidak didanai/ lainnya/
Defined benefits Defined benefits Other defined
pension plan pension benefits pension
- funded plan - unfunded - unfunded
Nilai kini liabilitas
imbalan kerja 19.287 98.769 19.287 Present value of benefits obligation
Nilai wajar aset program (23.994) - - Fair value of plan assets
Pengaruh aset plafon 4.707 - - The effect of assets ceiling
Liabilitas - neto - 98.769 19.287 Liabilities - net
109
Page 387
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
36. LIABILITAS IMBALAN KERJA KARYAWAN 36. EMPLOYMENT BENEFITS OBLIGATION
(lanjutan) (continued)
b. Nilai kini liabilitas imbalan kerja b. Present value of benefits obligation
31 Desember/December 31, 2024
Program pensiun
Program pensiun Program pensiun imbalan pasti
imbalan pasti imbalan pasti tidak didanai
didanai/ tidak didanai/ lainnya/
Defined benefits Defined benefits Other defined
pension plan pension benefits pension
- funded plan - unfunded - unfunded
Nilai kini liabilitas imbalan Present value of benefits obligation,
kerja, awal tahun 19.287 98.769 27.155 beginning of the year
Biaya jasa kini 1.476 10.223 10.222 Current service cost
Beban bunga 1.147 5.860 - Interest cost
Pengukuran kembali manfaat Remeasurement of other long-term
jangka panjang lainnya - - - employee benefits
Kontribusi karyawan 448 - - Contribution by plan participants
Manfaat yang dibayarkan (2.868) (13.481) - Benefits paid
Kerugian (keuntungan)
aktuarial (1.232) (8.422) - Actuarial loss (gain)
Nilai kini liabilitas imbalan Present value of benefits obligation,
kerja, akhir tahun 18.258 92.949 37.377 end of year
31 Desember/December 31, 2023
Program pensiun
Program pensiun Program pensiun imbalan pasti
imbalan pasti imbalan pasti tidak didanai
didanai/ tidak didanai/ lainnya/
Defined benefits Defined benefits Other defined
pension plan pension benefits pension
- funded plan - unfunded - unfunded
Nilai kini liabilitas imbalan Present value of benefits obligation,
kerja, awal tahun 17.833 82.861 16.196 beginning of the year
Biaya jasa kini 1.514 10.149 10.959 Current service cost
Beban bunga 1.237 5.360 - Interest cost
Pengukuran kembali manfaat Remeasurement of other long-term
jangka panjang lainnya - - - employee benefits
Kontribusi karyawan 464 - - Contribution by plan participants
Manfaat yang dibayarkan (1.469) (4.614) - Benefits paid
Kerugian (keuntungan)
aktuarial (292) 5.013 - Actuarial loss (gain)
Nilai kini liabilitas imbalan Present value of benefits obligation,
kerja, akhir tahun 19.287 98.769 27.155 end of year
110
Page 388
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
36. LIABILITAS IMBALAN KERJA KARYAWAN 36. EMPLOYMENT BENEFITS OBLIGATION
(lanjutan) (continued)
c. Biaya imbalan kerja c. Employee benefits expense
31 Desember/December 31, 2024
Program pensiun
Program pensiun Program pensiun imbalan pasti
imbalan pasti imbalan pasti tidak didanai
didanai/ tidak didanai/ lainnya/
Defined benefits Defined benefits Other defined
pension plan pension benefits pension
- funded plan - unfunded - unfunded
Biaya jasa kini 1.476 10.223 10.222 Current service cost
Bunga atas kewajiban 1.147 5.860 - Interest on obligation
Beban atas aset (1.592) - - Interest on assets
Bunga dari plafon aset 312 - - Interest of assets ceiling
Jumlah 1.343 16.083 10.222 Total
31 Desember/December 31, 2023
Program pensiun
Program pensiun Program pensiun imbalan pasti
imbalan pasti imbalan pasti tidak didanai
didanai/ tidak didanai/ lainnya/
Defined benefits Defined benefits Other defined
pension plan pension benefits pension
- funded plan - unfunded - unfunded
Biaya jasa kini 1.514 10.149 10.959 Current service cost
Bunga atas kewajiban 1.237 5.360 - Interest on obligation
Beban atas aset (1.630) - - Interest on assets
Bunga dari plafon aset 393 - - Interest of assets ceiling
Jumlah 1.514 15.509 10.959 Total
d. Mutasi nilai wajar aset program adalah sebagai d. The movements in the fair value of plan
berikut: assets are as follow:
31 Desember/December 31
2024 2023
Saldo pada awal tahun 23.994 23.500 Balance at beginning of year
Tingkat pengembalian aset program 1.592 1.630 Return on plan assets
Kontribusi pemberi kerja 1.293 1.321 Contribution by employer
Kontribusi karyawan 448 464 Contribution by employee
Manfaat program pensiun yang
dibayarkan (2.868) (1.469) Program pension benefits paid
Kerugian aktuarial (1.605) (1.452) Actuarial loss
Saldo pada akhir tahun 22.854 23.994 Balance at end of year
111
Page 389
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
36. LIABILITAS IMBALAN KERJA KARYAWAN 36. EMPLOYMENT BENEFITS OBLIGATION
(lanjutan) (continued)
e. Tabel berikut menunjukan analisis sensitivitas e. The tables below show the sensitivity
nilai kini kewajiban imbalan kerja diasumsikan analysis of the present value of employee
terdapat perubahan atas asumsi aktuarial benefits obligation in the assumed changes
utama (tidak diaudit): in the key actuarial assumption (unaudited):
31 Desember/December 31, 2024
Pengaruh terhadap
Nilai kini kewajiban/
Perubahan Impact to present
persentase/ value of employee
Percentage change benefit obligation
Tingkat diskonto +1% (3.382) Discount rate
-1% 3.748
Tingkat kenaikan gaji +1% 3.517 Salary increase rate
-1% (3.223)
31 Desember/December 31, 2023
Pengaruh terhadap
Nilai kini kewajiban/
Perubahan Impact to present
persentase/ value of employee
Percentage change benefit obligation
Tingkat diskonto +1% (3.437) Discount rate
-1% 3.811
Tingkat kenaikan gaji +1% 3.508 Salary increase rate
-1% (3.214)
f. Tabel berikut menyajikan kajian f. The following tables show the portfolio of the
dari portofolio investasi aset program yang plan assets invested in financial instrument:
ditempatkan dalam bentuk instrumen
keuangan:
31 Desember/December 31
2024 2023
Deposito 1,79% 7,08% Time deposits
Efek-efek 98,21% 92,92% Marketable Securities
g. Analisa profil jatuh tempo pembayaran imbalan g. The maturity profile analysis of the employee
kerja karyawan pada tanggal benefits payments as of December 31, 2024
31 Desember 2024 dan 2023 (tidak diaudit) and 2023 (unaudited) are as follows:
adalah sebagai berikut:
31 Desember/December 31
2024 2023
Dalam waktu 12 bulan
berikutnya 39.426 41.932 Within the next 12 months
Antara 1 dan 5 tahun 34.860 42.259 Between 1 and 5 years
Di atas 5 tahun 213.749 211.910 Beyond 5 years
Jumlah 288.035 296.101 Total
Durasi rata-rata liabilitas imbalan kerja karyawan The average duration of employees’ benefits
pada tanggal 31 Desember 2024 dan 2023 adalah liability as of December 31, 2024 and 2023 9.36
9,36 dan 9,38 tahun, serta Durasi rata-rata liabilitas and 9.38 years, The average duration of
imbalan kerja manajemen pada tanggal management’s benefits liability as of
31 Desember 2024 adalah 1,12 tahun (tidak diaudit). December 31, 2024 is 1.12 years (unaudited).
112
Page 390
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
37. MASALAH HUKUM 37. LEGAL MATTERS
Pada Perkara Perdata No. In Civil Case No. 555/Pdt.G/2018/PN.Jkt.Utr
555/Pdt.G/2018/PN.Jkt.Utr (“Perkara 555”) di (“Case 555”) at the North Jakarta District Court,
Pengadilan Negeri Jakarta Utara, Bank selaku the Bank as Defendant I was sued by Fireworks
Tergugat I telah digugat oleh Fireworks Ventures Ventures Limited as the Plaintiff in connection
Limited selaku Penggugat sehubungan dengan with the sale of receivable assets from the
penjualan aset piutang dari kredit sindikasi untuk PT syndicated loan for PT Geria Wijaya Prestige
Geria Wijaya Prestige (“Aset Piutang”) kepada (“Receivable Assets”) to Tomy Winata as
Tomy Winata selaku Tergugat II. Pada Defendant II. On October 15, 2019 Case 555 was
15 Oktober 2019 Perkara 555 telah diputus oleh decided by the Central Jakarta District Court
Pengadilan Negeri Jakarta Pusat yang pada intinya which essentially decided as follows:
memutus sebagai berikut:
Bank dan Tergugat II telah melakukan The Bank and Defendant II have committed
perbuatan melawan hukum dengan an unlawful act by selling the Receivable
melakukan jual-beli Aset Piutang dan jual-beli Assets and the sale of the Receivable Assets
Aset Piutang oleh Bank dan Tergugat II by the Bank and Defendant I is declared
dinyatakan tidak sah dan tidak mempunyai invalid and has no binding legal force;
kekuatan hukum mengikat;
Bank dan Tergugat II tidak mempunyai hak TheBank and Defendant II have no rights
atas Aset Piutang, dan Bank dihukum over the Receivable Assets, and the Bank is
menyerahkan sertifikat jaminan aset piutang required to hand over the receivable asset
kepada Penggugat; security titles to the Plaintiff;
Pembelian aset piutang sehubungan kredit The purchase of receivable assets in
sindikasi PT Geria Wijaya Prestige yang telah connection with the syndicated loan of
dibeli oleh Penggugat dari Badan Penyehatan PT Geria Wijaya Prestige which have been
Perbankan Nasional dinyatakan sebagai purchased by the Plaintiff from the National
pembelian atas seluruh aset piutang yang Banking Restructuring Agency are declared
timbul dari kredit sindikasi untuk as the purchase of all receivable assets
PT Geria Wijaya Prestige; arising from the syndicated loan for
PT Geria Wijaya Prestige;
Bank dan Tergugat II dihukum untuk The Bank and Defendant II are ordered to
membayar secara tanggung renteng kerugian pay jointly and severally the Plaintiff's
material Penggugat yang terdiri atas: material losses consisting of:
- Kerugian material sebesar 6% (enam - Material damage of 6% (six percent)
persen) kali Rp249.600.209,98 (nilai times Rp249,600,209.98 (full amount) per
penuh) per tahun; year;
- Kerugian material sebesar 6% (enam - Material damage of 6% (six percent) times
persen) kali USD11.645.136,06 (nilai USD11,645,136.06 (full amount) per year.
penuh) per tahun.
Kerugian dihitung sejak gugatan itu Damages calculated since the lawsuit was
didaftarkan di Pengadilan Negeri Jakarta registered at the North Jakarta District Court.
Utara.
113
Page 391
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
37. MASALAH HUKUM (lanjutan) 37. LEGAL MATTERS (continued)
Atas putusan tersebut Bank mengajukan upaya For the above decision, the Bank filed an appeal
hukum Banding melalui Pengadilan Tinggi DKI through the DKI Jakarta High Court which has
Jakarta yang telah terdaftar dengan Perkara No. been registered with Case
272/PDT/2020/PT.DKI. Atas upaya hukum Banding, No. 272/PDT/2020/PT.DKI. For the appeal, on
pada tanggal 18 Mei 2020 Pengadilan Tinggi DKI May 18, 2020 the DKI Jakarta High Court has
Jakarta telah memutus menguatkan putusan decided to uphold the decision of the North
Pengadilan Negeri Jakarta Utara. Berkaitan dengan Jakarta District Court. In regard to appeal
keputusan Pengadilan Tinggi tersebut, Bank dan decision, the Bank and Defendant II have filed a
Tergugat II telah mengajukan upaya hukum Kasasi Cassation appeal to the Supreme Court of the
kepada Mahkamah Agung Republik Indonesia yang Republic of Indonesia which has been registered
telah terdaftar dengan Perkara with Case No. 3540K/Pdt/2021. For the
No. 3540K/Pdt/2021. Atas upaya hukum Kasasi, Cassation appeal, on December 6, 2021 the
pada tanggal 6 Desember 2021 Mahkamah Agung Supreme Court of the Republic of Indonesia has
Republik Indonesia telah memutus menolak decided to reject the cassation appeal from the
permohonan kasasi dari Bank dan Tergugat II. Bank and Defendant II.
Berkaitan dengan putusan Kasasi tersebut Bank In regard to the Cassation decision, the Bank filed
mengajukan upaya hukum Peninjauan Kembali a judicial review to the Supreme Court of the
kepada Mahkamah Agung Republik Indonesia yang Republic of Indonesia which has been registered
telah terdaftar dengan Perkara with Case No. 1206 PK/Pdt/2022. Regarding the
No. 1206 PK/Pdt/2022. Atas upaya hukum Kasasi, judicial review, on December 13, 2022 the
Pada tanggal 13 Desember 2022, Mahkamah Supreme Court of the Republic of Indonesia has
Agung Republik Indonesia telah memutus menolak decided to reject the request for reconsideration
permohonan Peninjauan Kembali dari Bank. from the Bank.
Berkaitan dengan putusan Peninjauan Kembali, In regards to the Judicial Review decision, the
Bank telah mengajukan Peninjauan Kembali Bank has submitted the Second Judicial Review
ke-II kepada Mahkamah Agung Republik to the Supreme Court of the Republic of
Indonesiayang telah terdaftar dengan Perkara Indonesia which has been registered with Case
No. 1360/PK/PDT/2024, sebagai upaya maksimal No. 1360/PK/PDT/2024, as the Bank's maximum
bank untuk menyelesaikan perkara tersebut. Saat effort to resolve the case. Currently, the Bank is
ini Bank masih menunggu Putusan atas upaya still waiting for a decision on the Second Judicial
Peninjauan Kembali ke-II terkait Perkara 555. Review effort related to Case 555.
Selain dari itu, pada tanggal 18 April 2023, Bank In further to the above, on April 18, 2023, the
telah menerima relaas panggilan aanmaning dari Bank received an aanmaning summons from the
Pengadilan Negeri Jakarta Utara terkait esekusi North Jakarta District Court regarding the
putusan Perkara 555. Bank telah mengajukan execution of the decision in Case 555.
permohonan penundaan eksekusi kepada Ketua The Bank has submitted a request for a stay of
Pengadilan Jakarta Utara execution to the Chairman of the North Jakarta
dan telah mengajukan gugatan perlawanan Court and has filed an execution objection
ekskusi di Pengadilan Negeri Jakarta lawsuit at the North Jakarta
Utara yang terdaftar dengan Perkara District Court registered as Case
No. 306/Pdt.Plw/2023/PN.Jkt.Utr.(“Perkara 306”). No. 306/Pdt.Plw/2023/PN.Jkt.Utr. (“Case 306”).
114
Page 392
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
37. MASALAH HUKUM (lanjutan) 37. LEGAL MATTERS (continued)
Atas Perkara 306, pada 11 Desember 2023 For Case 306, on December 11, 2023 the North
Pengadilan Negeri Jakarta Utara telah memutus Jakarta District Court has decided to reject the
menolak gugatan perlawanan Bank. Berkaitan Bank's objection. In regard to the decision of
dengan putusan Perkara 306, Bank telah Case 306, the Bank has filed an appeal to the DKI
mengajukan upaya hukum Banding ke Pengadilan Jakarta High Court which is registered with Case
Tinggi DKI Jakarta yang terdaftar dengan Perkara No. 557/PDT/2024/PT.DKI. for the appeal, on
No. 557/PDT/2024/PT.DKI. atas upaya hukum June 4, 2024 the DKI Jakarta High Court has
Banding, pada tanggal 4 Juni 2024 Pengadilan decided to uphold the decision of the North
Tinggi DKI Jakarta telah memutus menguatkan Jakarta District Court. In regard to the appeal
Putusan Pengadilan Negeri Jakarta Utara. decision, the Bank has filed a Cassation appeal
Berkaitan dengan putusan Banding tersebut, Bank to the Supreme Court of the Republic of
telah mengajukan upaya hukum Kasasi kepada Indonesia. On January 9, 2025, the Bank has
Mahkamah Agung Republik Indonesia. Pada received notification of the decision of Cassation
tanggal 9 Januari 2025, Bank telah menerima of Case 306 where on October 21, 2024, the
pemberitahuan putusan Kasasi Perkara 306 yang Supreme Court of the Republic of Indonesia has
dimana pada tanggal 21 Oktober 2024, Mahkamah decided to reject the Bank's Cassation
Agung Republik Indonesia telah memutus menolak application.
permohonan kasasi Bank.
Atas permohonan penundaan eksekusi, diketahui On the request for the stay of execution, it is
ternyata Gaston Investment Limited (“Gaston”) known that Gaston Investment Limited (“Gaston”)
selaku kreditor lainnya dalam kredit sindikasi untuk as another creditor in the syndicated loan for
PT Geria Wijaya Prestige telah juga mengajukan PT Geria Wijaya Prestige has also filed an
gugatan perlawanan eksekusi ke Pengadilan execution objection lawsuit to the North Jakarta
Negeri Jakarta Utara yang terdaftar dengan Perkara District Court registered with Case
No. 428/Pdt.Plw/2023/PN.Jkt.Utr (“Perkara 428”). No. 428/Pdt.Plw/2023/PN.Jkt.Utr (“Case 428”). In
Sehubungan dengan adanya Perkara 428 Bank regard to Case 428, the Bank has received a
telah menerima tanggapan permohonan response to the request for stay of execution with
penundaan eksekusi dengan Surat Letter No. W10.U4/6555/HK.02/9/2023 dated
No. W10.U4/6555/HK.02/9/2023 tertanggal September 1, 2023, stating that the execution is
1 September 2023, menyatakan bahwa eksekusi stayed until there is a legall binding decision in
ditunda sampai dengan adanya putusan Perkara Case 428.
428 yang berkuatan hukum tetap.
Terkait Perkara 428, pada tanggal Regarding Case 428, on January 17, 2024, the
17 Januari 2024, Pengadilan Negeri Jakarta Utara North Jakarta District Court has decided to reject
telah memutus menolak Gugatan dari Gaston. the lawsuit from Gaston. In connection with the
Berkaitan dengan putusan tersebut, Bank telah decision, the Bank has filed an appeal to the DKI
mengajukan upaya hukum Banding ke Pengadilan Jakarta High Court which is registered with Case
Tinggi DKI Jakarta yang terdaftar dengan Perkara No. 296/PDT/2024/PT.DKI, On the appeal, on
No. 296/PDT/2024/PT.DKI, Atas upaya hukum April 16, 2024, the DKI Jakarta High Court has
Banding, pada 16 April 2024, Pengadilan Tinggi DKI decided to uphold the decision of the North
Jakarta telah memutus menguatkan Putusan Jakarta District Court. In regards to the appeal
Pengadilan Negeri Jakarta Utara. Berkaitan dengan decision, the Bank has filed a cassation appeal to
putusan Banding, Bank telah mengajukan upaya the Supreme Court of the Republic of Indonesia.
hukum kasasi ke Mahkamah Agung Republik Until now, the Bank is still waiting for a decision
Indonesia. Hingga saat ini Bank masih menunggu on the cassation appeal related to Case 428.
putusan atas upaya hukum Kasasi terkait Perkara
428.
115
Page 393
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
38. SEGMEN OPERASI 38. OPERATING SEGMENT
Segmen operasi dilaporkan sesuai dengan laporan Operating segments are reported in accordance
internal Bank yang disiapkan untuk mengambil with the internal reporting provided to the chief
keputusan operasional, yaitu Direksi yang operating decision maker which is the Board of
bertanggung jawab untuk mengalokasikan sumber Directors who is responsible for allocating
daya ke segmen tertentu dan penilaian atas resources to certain segments and performance
performanya. assessments.
Untuk tahun yang berakhir 31 Desember 2024 dan For the years ended December 31, 2024 and
2023, Bank diorganisasikan kedalam empat 2023, the Bank is organised into four operating
segmen operasi berdasarkan produk dan jasa segments based on products and services as
sebagai berikut: follows:
- Segmen kredit - Loans segment
- Segmen treasuri - Treasury segment
- Segmen eskpor-impor - Trade finance segment
- Tidak dapat dialokasikan - Unallocated
Tidak ada pendapatan dari satu konsumen eksternal There is no revenue from transactions with a
atau pihak lain yang mencapai 10% atau lebih dari single external customer or counterparty
total pendapatan Bank untuk tahun yang berakhir amounting to 10% or more of the Bank’s total
31 Desember 2024 dan 2023. revenue for the years ended December 31, 2024
and 2023.
Berikut ini adalah informasi keuangan Bank Following is the financial information of the Bank
berdasarkan segmen operasi: based on operating segment:
a. Laporan laba dan rugi dan posisi keuangan a. Statement of profit or loss and financial
position
Untuk Tahun yang berakhir 31 Desember 2024/
For the year ended December 31, 2024
Aset, liabilitas,
pendapatan
dan beban
yang tidak
dapat
dialokasi/
Unallocated
Ekspor- assets, liabilities,
Kredit/ Treasuri/ impor/ income and
Loans Treasury Trade finance expenses Total
Pendapatan Income
Pendapatan bunga 1.714.466 427.474 - - 2.141.940 Interest income
Pendapatan lainnya - 3.351 6.828 89.828 100.007 Other income
Jumlah pendapatan 1.714.466 430.825 6.828 89.828 2.241.947 Total income
Beban Expenses
Beban bunga - (5.934) - (1.140.196) (1.146.130) Interest expense
Beban lainnya - - - (713.528) (713.528) Other expenses
Jumlah beban - (5.934) - (1.853.724) (1.859.658) Total expenses
Segmen - neto 1.714.466 424.891 6.828 (1.763.896) Segment - net
Laba sebelum beban Income before
pajak penghasilan 382.289 income tax expense
Beban pajak
penghasilan (86.887) Income tax expense
Laba bersih
tahun berjalan 295.402 Net income for the year
Aset segmen 23.012.879 8.809.658 - 1.722.924 33.545.461 Segment assets
Liabilitas segmen - (844.673) (11.056) (25.847.936) (26.703.665) Segment liabilities
Segmen - neto 23.012.879 7.964.985 (11.056) (24.125.012) 6.841.796 Segment - net
116
Page 394
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
38. SEGMEN OPERASI (lanjutan) 38. OPERATING SEGMENT (continued)
Berikut ini adalah informasi keuangan Bank Following is the financial information of the Bank
berdasarkan segmen operasi: (lanjutan) based on operating segment: (continued)
a. Laporan laba dan rugi dan posisi keuangan a. Statement of profit or loss and financial
(lanjutan) position (continued)
Untuk Tahun yang berakhir 31 Desember 2023/
For the year ended December 31, 2023
Aset, liabilitas,
pendapatan
dan beban
yang tidak
dapat
dialokasi/
Unallocated
Ekspor- assets, liabilities,
Kredit/ Treasuri/ impor/ income and
Loans Treasury Trade finance expenses Total
Pendapatan Income
Pendapatan bunga 1.325.422 364.756 - - 1.690.178 Interest income
Pendapatan lainnya - 1.802 4.813 49.052 55.667 Other income
Jumlah pendapatan 1.325.422 366.558 4.813 53.865 1.745.845 Total income
Beban Expenses
Beban bunga - (34.153) - (699.146) (733.299) Interest expense
Beban lainnya - - - (702.745) (702.745) Other expenses
Jumlah beban - (34.153) - (1.401.891) (1.436.044) Total expenses
Segmen - neto 1.325.422 328.801 4.813 (1.349.235) Segment - net
Laba sebelum beban Income before
pajak penghasilan 309.801 income tax expense
Beban pajak
penghasilan (68.510) Income tax expense
Laba bersih
tahun berjalan 241.291 Net income for the year
Aset segmen 18.846.417 7.312.413 - 1.693.116 27.851.946 Segment assets
Liabilitas segmen (461.910) (324.650) (9.992) (20.514.837) (21.311.389) Segment liabilities
Segmen - neto 18.384.507 6.987.763 (9.992) (18.821.721) 6.540.557 Segment - net
39. REKONSILIASI AKTIVITAS PENDANAAN 39. NET FINANCING ACTIVITIES
BERSIH RECONCILIATION
Rekonsiliasi dari aktivitas pendanaan adalah Reconciliation from financing activities are as
sebagai berikut: follows:
31 Desember/December 31, 2024
Arus kas/Cash flows Perubahan
1 Januari/ non-kas/ Selisih kurs/ 31 Desember/
1 January Penerimaan/ Pembayaran/ Non-cash Foreign 31 December
2024 Proceeds Payment changes exchange 2024
Surat berharga subordinasi 461.910 - (468.900) - 6.990 - Subordinated securities
Liabilitas sewa 2.808 - (11.806) 22.935 - 13.937 Lease liabilities
Pinjaman yang diterima - 485.700 - - (2.850) 482.850 Fund borrowing
Total 464.718 485.700 (480.706) 22.935 4.140 496.787 Total
31 Desember/December 31, 2023
Arus kas/Cash flows Perubahan
1 Januari/ non-kas/ Selisih kurs/ 31 Desember/
1 January Penerimaan/ Pembayaran/ Non-cash Foreign 31 December
2023 Proceeds Payment changes exchange 2023
Surat berharga subordinasi 467.025 - - - (5.115) 461.910 Subordinated securities
Liabilitas sewa 8.690 - (10.629) 4.747 - 2.808 Lease liabilities
Total 475.715 - (10.629) 4.747 (5.115) 464.718 Total
117
Page 395
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
40. MANAJEMEN RISIKO 40. RISK MANAGEMENT
a. Risiko kredit a. Credit risk
Penyaluran kredit oleh Bank berlandaskan The loans are distributed by the Bank
pada prinsip kehati-hatian, peraturan Otoritas prudently in accordance with Financial
Jasa Keuangan (POJK), dan kebijakan Services Authority (POJK) regulations, and
perkreditan yang disusun oleh manajemen. loan policies which were prepared by the
Komite Kredit merupakan komite tertinggi yang management. The Credit Committee is the
membantu Direksi dalam pengawasan highest committee who helps the Directors in
pengelolaan risiko kredit melalui keputusan dan monitoring the management of credit risk
rekomendasi yang dikeluarkannya. Secara through its decisions and recommendations.
periodik, Komite Kredit melakukan rapat antara The Credit Committee holds a meeting
lain untuk memantau Batas Maksimum regularly to monitor Legal Lending Limit and
Pemberian Kredit dan kualitas kredit, serta loan quality, and the adequacy of allowance
kecukupan cadangan kerugian penurunan nilai for impairment losses on assets. The Bank
aset. Bank selalu memonitor penyebaran risiko monitors the spread of risk in relation with the
yang timbul sejalan dengan pertumbuhan growth of economic sectors where the Bank
sektor ekonomi dimana Bank melakukan business focuses. The limit is applied
kegiatan bisnisnya. Batasan ditetapkan secara specifically based on customers and
spesifik berdasarkan nasabah dan sektor industrial sectors to avoid the high credit risk.
industri untuk menghindari konsentrasi risiko The limit is also applied to individual or
kredit yang berlebihan. Batasan tersebut juga corporate customers.
diterapkan bagi nasabah individu atau
korporasi.
(i) Eksposur maksimum risiko kredit tanpa (i) The maximum exposure to credit risk
memperhitungkan agunan pada tanggal without taking into account collateral
31 Desember 2024 dan 2023 adalah held as of December 31, 2024 and 2023
sebagai berikut: are presented below:
31 Desember/December 31
2024 2023
Nilai wajar melalui laba rugi Fair value through profit or loss
Tagihan derivatif 4.316 12.832 Derivative receivables
Nilai wajar melalui penghasilan Fair value through
komprehensif lain other comprehensive income
Efek-efek 5.672.825 4.055.989 Marketable securities
Diukur pada biaya perolehan
diamortisasi Measured at amortized cost
Efek-efek - neto 1.142.691 450.478 Marketable securities - net
Current accounts with
Giro pada Bank Indonesia 1.490.587 1.552.681 Bank Indonesia
Current accounts with
Giro pada bank lain - neto 165.457 139.016 other banks - net
Penempatan pada
Bank Indonesia Placements with Bank Indonesia
dan bank lain - neto 338.006 44.999 and other banks – net
Tagihan akseptasi - neto 12.260 - Acceptance receivables - net
Tagihan atas efek-efek Receivables on securities
yang dibeli dengan purchased under
janji dijual kembali - 1.069.249 agreements to resale
Kredit yang diberikan - neto 23.012.879 18.846.417 Loans - net
Pendapatan bunga yang
masih akan diterima 158.830 98.444 Interest receivables
Aset lain-lain* 34.454 6.257 Other assets*
Jumlah 32.032.305 26.276.362 Total
*) Aset lain-lain terdiri dari tagihan trade finance, tagihan transaksi ATM Prima *) Other asset consist of trade finance billing, ATM Prima billing transaction
dan uang jaminan and refundable deposits
31 Desember/December 31
2024 2023
Rekening administratif Administrative accounts
Fasilitas kredit yang
belum digunakan 4.968.804 6.861.882 Unused loan facilities
Garansi yang diterbitkan 886.490 966.878 Guarantees issued
Irrevocable letters of credit 5.396 22.354 Irrevocable letters of credit
Jumlah 5.860.690 7.851.114 Total
118
Page 396
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
40. MANAJEMEN RISIKO (lanjutan) 40. RISK MANAGEMENT (continued)
a. Risiko kredit (lanjutan) a. Credit risk (continued)
(i) Eksposur maksimum risiko kredit tanpa (i) The maximum exposure to credit risk
memperhitungkan agunan pada tanggal without taking into account collateral
31 Desember 2024 dan 2023 adalah held as of December 31, 2024 and 2023
sebagai berikut: (lanjutan) are presented below: (continued)
Untuk kredit yang diberikan, Bank For the loans, the Bank uses collateral to
menggunakan agunan untuk minimise the credit risk. The Bank’s
meminimalkan risiko kredit. Berdasarkan loans are classified into two major
klasifikasi, kredit Bank dapat dibedakan categories, which are:
menjadi dua kelompok besar, yaitu:
- Secured loans - Secured loans
- Unsecured loans - Unsecured loans
Untuk secured loans, Bank menetapkan For secured loans, the Bank determines
jenis dan nilai agunan yang dijaminkan the type and value of collateral
sesuai skema kredit. Jenis dari agunan according to the loan scheme. Types of
terdiri dari: collateral are as follows:
a. Agunan fisik antara lain tanah, a. Physical collateral, such as land,
bangunan, dan BPKB kendaraan buildings and proof of vehicle
bermotor; ownership;
b. Financial collateral antara lain b. Financial collateral, such as
simpanan dari nasabah (tabungan, deposits from customers (time
giro, dan deposito berjangka), surat deposit, savings, current accounts),
berharga, dan emas; securities, and gold;
c. Lainnya antara lain garansi, jaminan c. Others, such as guarantees,
pemerintah, dan lembaga penjamin. government guarantees and
guarantee institution.
Apabila terjadi default (gagal bayar), Bank In times of default, Bank will use the
akan menggunakan agunan tersebut collateral as the last resort in recovering
sebagai pilihan terakhir untuk pemenuhan the counterparty’s obligation.
kewajiban counterparty.
Unsecured loans terdiri dari fully unsecured Unsecured loans consist of fully
loans dan partially secured loans seperti unsecured loans and partially secured
kredit untuk karyawan golongan loans such as loans for fixed income
berpenghasilan tetap dan kredit konsumer employees and other consumer loans. In
lainnya. Dalam pembayaran kewajibannya, their payment obligations, partially
partially secured loans umumnya dilakukan secured loans are generally made
melalui pemotongan penghasilan secara through automatic payroll deduction.
otomatis.
Dengan demikian, meskipun kredit Although it is included in the unsecured
tersebut termasuk dalam kategori loans category, the risk level of partially
unsecured loans namun tingkat risiko dari secured loans is lower than the carrying
partially secured loans tidak sebesar nilai value. As for fully unsecured loan, the
tercatat kredit. Sedangkan untuk fully risk level is equal to the carrying value.
unsecured loans, tingkat risiko adalah
sebesar nilai tercatat kredit.
119
Page 397
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
40. MANAJEMEN RISIKO (lanjutan) 40. RISK MANAGEMENT (continued)
a. Risiko kredit (lanjutan) a. Credit risk (continued)
(i) Eksposur maksimum risiko kredit tanpa (i) The maximum exposure to credit risk
memperhitungkan agunan pada tanggal without taking into account collateral
31 Desember 2024 dan 2023 adalah held as of December 31, 2024 and 2023
sebagai berikut: (lanjutan) are presented below: (continued)
Proses penentuan peringkat kredit Bank The Bank’s credit rating determination
membedakan eksposur untuk menentukan processes differentiate exposures in
eksposur mana yang memiliki faktor risiko order to highlight those with greater risk
lebih besar dan tingkat kerugian potensial factors and higher potential severity of
yang lebih tinggi. Peringkat kredit setiap loss. The credit rating for each debtor is
debitur ditelaah secara berkala dan reviewed regularly and any amendments
perubahannya diimplementasikan are implemented promptly. The credit
secepatnya. Peringkat kredit yang rating applied for each debtor also
diterapkan atas setiap debitur juga considered credit quality of the
mempertimbangkan kualitas kredit dari respective debtor as determined by
debitur tersebut yang telah ditentukan oleh other banks.
bank-bank lain.
Peringkat kredit Bank sesuai dengan The Bank’s credit rating follows
peringkat kredit dari Otoritas Jasa Financial Services Authority (OJK) credit
Keuangan (OJK) sebagaimana diatur rating as stipulated in the prevailing
dalam peraturan Otoritas Jasa Keuangan Financial Services Authority (OJK)
(OJK) yang berlaku. regulation.
(ii) Konsentrasi risiko aset keuangan dengan (ii) Concentration of risks of financial assets
eksposur risiko kredit berdasarkan: with credit risk exposure as categorised
by:
a. Sektor geografis a. Geographical region
Tabel berikut menggambarkan rincian The following tables provide details
eksposur kredit Bank (tanpa of the Bank credit exposures at their
memperhitungkan agunan atau carrying amounts (without taking
pendukung kredit lainnya), yang into account any collateral held or
dikategorikan berdasarkan area other credit enhancements), as
geografis pada tanggal categorised by geographical region
31 Desember 2024 dan 2023: as of December 31, 2024 and 2023:
31 Desember/December 31, 2024
Kantor pusat/ Lain-lain/
Head office Jawa Sumatera Kalimantan Others Total
Nilai wajar melalui Fair value through
laba atau rugi profit or loss
Tagihan derivatif 4.316 - - - - 4.316 Derivative receivables
Nilai wajar melalui
penghasilan Fair value through
komprehensif lain other comprehensive income
Efek-efek 5.672.825 - - - - 5.672.825 Marketable securities
Diukur pada biaya perolehan
diamortisasi Measured at amortized cost
Efek-efek - neto 1.142.691 - - - - 1.142.691 Marketable securities - net
Giro pada Current accounts with
Bank Indonesia 1.490.587 - - - - 1.490.587 Bank Indonesia
Giro pada Current accounts with
bank lain - neto 165.457 - - - - 165.457 other banks - net
Penempatan pada Placements with
Bank Indonesia dan Bank Indonesia and
bank lain - neto 338.006 - - - - 338.006 other banks - net
Tagihan akseptasi 12.260 - - - - 12.260 Acceptance receivables
Kredit yang diberikan
- neto 11.258.854 5.688.255 1.759.161 1.174.781 3.131.828 23.012.879 Loans - net
Pendapatan bunga
yang masih akan
diterima 108.313 18.670 13.726 2.331 15.790 158.830 Interest receivables
Aset lain-lain* 34.454 - - - - 34.454 Other assets*
Jumlah 20.227.763 5.706.925 1.772.887 1.177.112 3.147.618 32.032.305 Total
*) Aset lain-lain terdiri dari tagihan trade finance, tagihan transaksi ATM Prima *) Other asset consist of trade finance billing, ATM Prima billing transaction
dan uang jaminan and refundable deposits
120
Page 398
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
40. MANAJEMEN RISIKO (lanjutan) 40. RISK MANAGEMENT (continued)
a. Risiko kredit (lanjutan) a. Credit risk (continued)
(ii) Konsentrasi risiko aset keuangan dengan (ii) Concentration of risks of financial assets
eksposur risiko kredit berdasarkan: with credit risk exposure as categorised
(lanjutan) by: (continued)
a. Sektor geografis (lanjutan) a. Geographical region (continued)
Tabel berikut menggambarkan rincian The following tables provide details
eksposur kredit Bank (tanpa of the Bank credit exposures at their
memperhitungkan agunan atau carrying amounts (without taking
pendukung kredit lainnya), yang into account any collateral held or
dikategorikan berdasarkan area other credit enhancements), as
geografis pada tanggal categorised by geographical region
31 Desember 2024 dan 2023: as of December 31, 2024 and 2023:
(lanjutan) (continued)
31 Desember/December 31, 2023
Kantor pusat/ Lain-lain/
Head office Jawa Sumatera Kalimantan Others Total
Nilai wajar melalui Fair value through
laba atau rugi profit or loss
Tagihan derivatif 12.832 - - - - 12.832 Derivative receivables
Nilai wajar melalui
penghasilan Fair value through
komprehensif lain other comprehensive income
Efek-efek 4.055.989 - - - - 4.055.989 Marketable securities
Diukur pada biaya perolehan
diamortisasi Measured at amortized cost
Efek-efek - neto 450.478 - - - - 450.478 Marketable securities - net
Giro pada Current accounts with
Bank Indonesia 1.552.681 - - - - 1.552.681 Bank Indonesia
Giro pada Current accounts with
bank lain - neto 139.016 - - - - 139.016 other banks - net
Penempatan pada Placements with
Bank Indonesia dan Bank Indonesia and
bank lain - neto 44.999 - - - - 44.999 other banks - net
Tagihan atas efek-efek Receivables on securities
dibeli dengan janji purchased under agreements
dijual kembali 1.069.249 - - - - 1.069.249 to resale
Kredit yang diberikan
- neto 10.341.065 4.439.779 1.201.140 371.982 2.492.451 18.846.417 Loans - net
Pendapatan bunga
yang masih akan
diterima 66.832 11.674 6.156 1.057 12.725 98.444 Interest receivables
Aset lain-lain* 6.257 - - - - 6.257 Other assets*
Jumlah 17.739.398 4.451.453 1.207.296 373.039 2.505.176 26.276.362 Total
*) Aset lain-lain terdiri dari tagihan trade finance, tagihan transaksi ATM Prima *) Other asset consist of trade finance billing, ATM Prima billing transaction
dan uang jaminan and refundable deposits
Tabel di bawah ini menunjukkan The tables below show the bank’s
eksposur maksimum risiko kredit bank maximum credit risk exposure for
untuk komitmen dan kontinjensi tanpa commitment and contingencies
meperhitungkan agunan atau without taking into account any
pendukung kredit lainnya: collateral held or other credit
enhancements:
31 Desember/December 31, 2024
Kantor pusat/ Lain-lain/
Head office Jawa Sumatera Kalimantan Others Total
Fasilitas kredit yang
belum digunakan 2.335.953 1.289.420 830.634 206.606 306.191 4.968.804 Unused loans facilities
Garansi yang diterbitkan 706.785 3.594 156.761 - 19.350 886.490 Guarantees issued
Irrevocable letters of Irrevocable letters of
credit 5.396 - - - - 5.396 credit
Jumlah 3.048.134 1.293.014 987.395 206.606 325.541 5.860.690 Total
31 Desember/December 31, 2023
Kantor pusat/ Lain-lain/
Head office Jawa Sumatera Kalimantan Others Total
Fasilitas kredit yang
belum digunakan 2.495.057 1.766.349 1.386.625 766.659 447.192 6.861.882 Unused loans facilities
Garansi yang diterbitkan 898.271 3.762 42.495 - 22.350 966.878 Guarantees issued
Irrevocable letters of Irrevocable letters of
credit 22.354 - - - - 22.354 credit
Jumlah 3.415.682 1.770.111 1.429.120 766.659 469.542 7.851.114 Total
121
Page 399
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
40. MANAJEMEN RISIKO (lanjutan) 40. RISK MANAGEMENT (continued)
a. Risiko kredit (lanjutan) a. Credit risk (continued)
(ii) Konsentrasi risiko aset keuangan dengan (ii) Concentration of risks of financial assets
eksposur risiko kredit berdasarkan: with credit risk exposure as categorised
(lanjutan) by: (continued)
b. Jenis counterparty b. Counterparty type
Tabel berikut menggambarkan rincian The following tables provide details
eksposur kredit Bank pada nilai of the Bank credit exposures at their
tercatat (tanpa memperhitungkan carrying amounts (without taking
agunan atau pendukung kredit into account any collateral held or
lainnya) yang dikategorikan other credit enhancements) as
berdasarkan jenis counterparty pada categorised by counterparty type as
tanggal 31 Desember 2024 dan 2023: of December 31, 2024 and 2023:
31 Desember/December 31, 2024
Pemerintah RI
(termasuk Bank
Indonesia)/ Lembaga
Government keuangan
of Republic of bukan bank/ Perusahaan
Indonesia Non-bank lainnya/
(including Bank/ financial Other Perseorangan/
Bank Indonesia) Banks institutions companies Individuals Total
Nilai wajar melalui Fair value through
laporan laba rugi profit or loss
Tagihan derivatif - 4.316 - - - 4.316 Derivative receivables
Nilai wajar melalui penghasilan Fair value through
komprehensif lain other comprehensive income
Efek-efek 5.672.825 - - - - 5.672.825 Marketable securities
Diukur pada biaya
perolehan diamortisasi Measured at amortized cost
Efek-efek - neto 843.629 199.907 - - 99.155 1.142.691 Marketable securities - net
Giro pada Current accounts with
Bank Indonesia 1.490.587 - - - - 1.490.587 Bank Indonesia
Giro pada Current accounts with
bank lain - neto - 165.457 - - - 165.457 other banks - net
Penempatan pada Placements with
Bank Indonesia dan Bank Indonesia and
bank lain - neto - 338.006 - - - 338.006 other banks
Tagihan akseptasi - - - 12.260 - 12.260 Acceptance receivables
Kredit yang diberikan
- neto 1.251 - 3.804.479 17.793.327 1.413.822 23.012.879 Loans - net
Pendapatan bunga
yang masih harus
diterima 2 - 9.058 145.000 4.770 158.830 Interest receivables
Aset lain-lain* 34.454 - - - 34.454 Other assets*
Jumlah 8.042.748 707.686 3.813.537 17.950.587 1.517.747 32.032.305 Total
*) Aset lain-lain terdiri dari tagihan trade finance, tagihan transaksi ATM Prima *) Other asset consist of trade finance billing, ATM Prima billing transaction
dan uang jaminan and refundable deposits
122
Page 400
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
40. MANAJEMEN RISIKO (lanjutan) 40. RISK MANAGEMENT (continued)
a. Risiko kredit (lanjutan) a. Credit risk (continued)
(ii) Konsentrasi risiko aset keuangan dengan (ii) Concentration of risks of financial assets
eksposur risiko kredit berdasarkan: with credit risk exposure as categorised
(lanjutan) by: (continued)
b. Jenis counterparty (lanjutan) b. Counterparty type (continued)
Tabel berikut menggambarkan rincian The following tables provide details
eksposur kredit Bank pada nilai of the Bank credit exposures at their
tercatat (tanpa memperhitungkan carrying amounts (without taking
agunan atau pendukung kredit into account any collateral held or
lainnya) yang dikategorikan other credit enhancements). as
berdasarkan jenis counterparty pada categorised by counterparty type as
tanggal 31 Desember 2024 dan 2023: of December 31, 2024 and 2023:
(lanjutan) (continued)
31 Desember/December 31, 2023
Pemerintah RI
(termasuk Bank
Indonesia)/ Lembaga
Government keuangan
of Republic of bukan bank/ Perusahaan
Indonesia Non-bank lainnya/
(including Bank/ financial Other Perseorangan/
Bank Indonesia) Banks institutions companies Individuals Total
Nilai wajar melalui Fair value through
laporan laba rugi profit or loss
Tagihan derivatif - 12.832 - - - 12.832 Derivative receivables
Nilai wajar melalui penghasilan Fair value through
komprehensif lain other comprehensive income
Efek-efek 4.055.989 - - - - 4.055.989 Marketable securities
Diukur pada biaya
perolehan diamortisasi Measured at amortized cost
Efek-efek - neto 250.630 199.848 - - - 450.478 Marketable securities - net
Giro pada Current accounts with
Bank Indonesia 1.552.681 - - - - 1.552.681 Bank Indonesia
Giro pada Current accounts with
bank lain - neto - 139.016 - - - 139.016 other banks - net
Penempatan pada Placements with
Bank Indonesia dan Bank Indonesia and
bank lain - neto - 44.999 - - - 44.999 other banks - net
Tagihan atas efek-efek Receivables on securities
yang dibeli dengan purchased under
janji dijual kembali 1.069.249 - - - - 1.069.249 agreements to resale
Kredit yang diberikan
- neto 845 - 3.113.141 14.278.221 1.454.210 18.846.417 Loans - net
Pendapatan bunga
yang masih harus
diterima 2 - 6.864 86.691 4.887 98.444 Interest receivables
Aset lain-lain* 6.257 - - - - 6.257 Other assets*
Jumlah 6.935.653 396.695 3.120.005 14.364.912 1.459.097 26.276.362 Total
*) Aset lain-lain terdiri dari tagihan trade finance, tagihan transaksi ATM Prima *) Other asset consist of trade finance billing, ATM Prima billing transaction
dan uang jaminan and refundable deposits
123
Page 401
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
40. MANAJEMEN RISIKO (lanjutan) 40. RISK MANAGEMENT (continued)
a. Risiko kredit (lanjutan) a. Credit risk (continued)
(ii) Konsentrasi risiko aset keuangan dengan (ii) Concentration of risks of financial assets
eksposur risiko kredit berdasarkan: with credit risk exposure as categorised
(lanjutan) by: (continued)
b. Jenis counterparty (lanjutan) b. Counterparty type (continued)
Tabel di bawah ini menunjukkan The tables below show the bank’s
eksposur maksimum risiko kredit bank maximum credit risk exposure for
untuk komitmen dan kontinjensi tanpa commitment and contingencies
meperhitungkan agunan atau without taking into account any
pendukung kredit lainnya: collateral held or other credit
enhancements:
31 Desember/December 31, 2024
Pemerintah RI
(termasuk Bank
Indonesia)/ Lembaga
Government keuangan
of Republic of bukan bank/ Perusahaan
Indonesia Non-bank lainnya/
(including Bank/ financial Other Perseorangan/
Bank Indonesia) Banks institutions companies Individuals Total
Fasilitas kredit yang
belum digunakan 746 - 321.301 4.646.757 - 4.968.804 Unused loans facilities
Garansi yang
diterbitkan - - - 886.490 - 886.490 Guarantees issued
Irrevocable letters of Irrevocable letters of
credit - - - 5.396 - 5.396 credit
Jumlah 746 - 321.301 5.538.643 - 5.860.690 Total
31 Desember/December 31, 2023
Pemerintah RI
(termasuk Bank
Indonesia)/ Lembaga
Government keuangan
of Republic of bukan bank/ Perusahaan
Indonesia Non-bank lainnya/
(including Bank/ financial Other Perseorangan/
Bank Indonesia) Banks institutions companies Individuals Total
Fasilitas kredit yang
belum digunakan - - 325.058 6.534.224 2.600 6.861.882 Unused loans facilities
Garansi yang
diterbitkan - - - 966.878 - 966.878 Guarantees issued
Irrevocable letters of Irrevocable letters of
credit - - - 22.354 - 22.354 credit
Jumlah - - 325.058 7.523.456 2.600 7.851.114 Total
(iii) Evaluasi cadangan kerugian penurunan (iii) Assessment of allowance for impairment
nilai losses
Pada tanggal 31 Desember 2024 dan As of December 31, 2024 and 2023,
2023, giro pada Bank Indonesia, giro pada current accounts with Bank Indonesia,
bank lain, penempatan pada Bank current accounts with other banks,
Indonesia dan bank lain, efek-efek, efek- placements with Bank Indonesia and
efek yang dibeli dengan janji dijual kembali, other banks, securities, securities
tagihan derivatif, tagihan akseptasi, dan purchased under resale agreements,
aset lain-lain berupa uang jaminan dan derivative receivables, acceptance
tagihan transaksi ATM Prima tidak memiliki receivables and other assets in form of
bukti objektif atas penurunan nilai secara refundable deposits and ATM Prima
individual dan kolektif. billing transaction have no objective
evidence of impairment individually as
well as collectively.
124
Page 402
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
40. MANAJEMEN RISIKO (lanjutan) 40. RISK MANAGEMENT (continued)
a. Risiko kredit (lanjutan) a. Credit risk (continued)
(iii) Evaluasi cadangan kerugian penurunan (iii) Assessment of allowance for impairment
nilai (lanjutan) losses (continued)
Pada tanggal 31 Desember 2024 dan As of December 31, 2024 and 2023,
2023, penurunan nilai secara individu dan loans individually and collectively
kolektif terhadap kredit yang diberikan impaired are as follows: (continued)
sebagai berikut: (lanjutan)
31 Desember/December 31, 2024
Individual/ Kolektif/
Individual Collective Total
Modal kerja 764.945 9.816.274 10.581.219 Working capital
Investasi 234.468 11.217.822 11.452.290 Investment
Konsumen 14.255 1.413.679 1.427.934 Consumer
Karyawan - 2.358 2.358 Employees
Jumlah 1.013.668 22.450.133 23.463.801 Total
Cadangan kerugian Allowance for
penurunan nilai (406.367) (44.555) (450.922) impairment losses
Neto 607.301 22.405.578 23.012.879 Net
31 Desember/December 31, 2023
Individual/ Kolektif/
Individual Collective Total
Modal kerja 721.852 8.114.790 8.836.642 Working capital
Investasi 255.235 8.791.713 9.046.948 Investment
Konsumen 15.080 1.458.121 1.473.201 Consumer
Karyawan - 3.187 3.187 Employees
Jumlah 992.167 18.367.811 19.359.978 Total
Cadangan kerugian Allowance for
penurunan nilai (459.591) (53.970) (513.561) impairment losses
Neto 532.576 18.313.841 18.846.417 Net
125
Page 403
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
40. MANAJEMEN RISIKO (lanjutan) 40. RISK MANAGEMENT (continued)
a. Risiko kredit (lanjutan) a. Credit risk (continued)
(iv) Tabel di bawah menunjukkan kualitas (iv) The tables below show credit quality per
kredit per jenis aset keuangan (diluar class of financial assets (gross of
cadangan kerugian penurunan nilai): allowance for impairment losses):
31 Desember/December 31, 2024
Belum jatuh tempo dan
tidak mengalami penurunan Jatuh tempo
nilai/Neither past due dan tidak
nor impaired mengalami
penurunan
Tingkat Tingkat nilai/ Mengalami
tinggi/ standar/ Past-due penurunan
High Standard but not nilai/
grade grade impaired Impaired Total
Nilai wajar melalui Fair value through
laporan laba rugi profit or loss
Tagihan derivatif 4.316 - - - 4.316 Derivative receivables
Nilai wajar melalui
penghasilan Fair value through
komprehensif lain other comprehensive income
Efek-efek 5.672.825 - - - 5.672.825 Marketable securities
Diukur pada biaya
perolehan diamortisasi Measured at amortized cost
Efek-efek 1.142.795 - - - 1.142.795 Marketable securities
Giro pada Current accounts with
Bank Indonesia 1.490.587 - - - 1.490.587 Bank Indonesia
Giro pada Current accounts with
bank lain - gross 165.626 - - - 165.626 other banks - gross
Penempatan pada Placements with
Bank Indonesia dan Bank Indonesia and
bank lain - gross 338.007 - - - 338.007 other banks - gross
Tagihan akseptasi 12.262 - - - 12.262 Acceptance receivables
Tagihan atas efek-efek Receivables on securities
yang dibeli dengan purchased under
janji dijual kembali agreements to resale
Kredit yang diberikan 21.986.063 307.543 84.362 1.085.833 23.463.801 Loans
Pendapatan bunga
yang masih akan
diterima 149.917 2.142 6.771 - 158.830 Interest receivables
Aset lain-lain* 34.454 - - - 34.454 Other assets*
Jumlah 30.996.852 309.685 91.133 1.085.833 32.483.503 Total
Cadangan kerugian
penurunan nilai (24.284) (318) (5.104) (421.492) (451.198) Allowance for impaiment losses
Neto 30.972.568 309.367 86.029 664.341 32.032.305 Net
*) Aset lain-lain terdiri dari tagihan trade finance, tagihan transaksi ATM Prima dan uang *) Other asset consist of trade finance billing, ATM Prima billing transaction and
jaminan refundable deposits
31 Desember/December 31, 2023
Belum jatuh tempo dan
tidak mengalami penurunan Jatuh tempo
nilai/Neither past due dan tidak
nor impaired mengalami
penurunan
Tingkat Tingkat nilai/ Mengalami
tinggi/ standar/ Past-due penurunan
High Standard but not nilai/
grade grade impaired Impaired Total
Nilai wajar melalui Fair value through
laporan laba rugi profit or loss
Tagihan derivatif 12.832 - - - 12.832 Derivative receivables
Nilai wajar melalui
penghasilan Fair value through
komprehensif lain other comprehensive income
Efek-efek 4.055.989 - - - 4.055.989 Marketable securities
Diukur pada biaya
perolehan diamortisasi Measured at amortized cost
Efek-efek 450.630 - - - 450.630 Marketable securities
Giro pada Current accounts with
Bank Indonesia 1.552.681 - - - 1.552.681 Bank Indonesia
Giro pada Current accounts with
bank lain - gross 139.142 - - - 139.142 other banks - gross
Penempatan pada Placements with
Bank Indonesia dan Bank Indonesia and
bank lain - gross 45.000 - - - 45.000 other banks - gross
Tagihan atas efek-efek Receivables on securities
yang dibeli dengan purchased under
janji dijual kembali 1.069.249 - - - 1.069.249 agreements to resale
Kredit yang diberikan 17.751.837 702.077 345.312 560.752 19.359.978 Loans
Pendapatan bunga
yang masih akan
diterima 82.416 2.327 13.701 - 98.444 Interest receivables
Aset lain-lain* 6.257 - - - 6.257 Other assets*
Jumlah 25.166.033 704.404 359.013 560.752 26.790.202 Total
Cadangan kerugian
penurunan nilai (24.372) (5.818) (75.455) (408.195) (513.840) Allowance for impaiment losses
Neto 25.141.661 698.586 283.558 152.557 26.276.362 Net
*) Aset lain-lain terdiri dari tagihan trade finance, tagihan transaksi ATM Prima dan uang *) Other asset consist of trade finance billing, ATM Prima billing transaction and
jaminan refundable deposits
126
Page 404
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
40. MANAJEMEN RISIKO (lanjutan) 40. RISK MANAGEMENT (continued)
a. Risiko kredit (lanjutan) a. Credit risk (continued)
(v) Tabel di bawah menunjukkan kualitas (v) The tables below show credit quality per
kredit per jenis aset keuangan (diluar class of financial assets (gross of
cadangan kerugian penurunan nilai): allowance for impairment losses):
(lanjutan) (continued)
Kualitas kredit didefinisikan sebagai The credit quality are defined as follows:
berikut:
Tingkat tinggi High grade
Ini berkaitan dengan rekening debitur pada This pertains to those accounts where
dimana kemampuan membayar pokok dan the debtors ability to pay the principal
bunga debitur sangat kuat. and interest is very strong.
Tingkat standar Standard grade
Ini berkaitan dengan rekening debitur This pertains to those accounts that
dengan potensi melemah. Debitur display potential weakness. The debtors
dianggap memiliki tingkat spekulasi yang are considered highly speculative in
tinggi dalam hal kapasitasnya untuk terms of capacity to pay interest and
membayar bunga dan pokok sesuai repay principal in accordance with the
dengan ketentuan kredit yang ada. credit terms.
(vi) Analisis umur pinjaman yang jatuh tempo (vi) The aging analysis of past due but not
tetapi tidak mengalami penurunan nilai impaired loans as of December 31, 2024
pada tanggal 31 Desember 2024 dan 2023, and 2023, are as follows:
sebagai berikut:
31 Desember/December 31, 2024
1 sampai 31 sampai 61 sampai
30 hari/ 60 hari/ 90 hari/
1 to 30 days 31 to 60 days 61 to 90 days Total
Modal kerja 22.968 1.095 1.739 25.802 Working capital
Investasi 19.689 - 288 19.977 Investment
Konsumen 20.406 11.476 6.701 38.583 Consumer
Jumlah 63.063 12.571 8.728 84.362 Total
Cadangan kerugian
penurunan nilai (2.415) (1.419) (1.270) (5.104) Allowance for impairment losses
Neto 60.648 11.152 7.458 79.258 Net
31 Desember/December 31, 2023
1 sampai 31 sampai 61 sampai
30 hari/ 60 hari/ 90 hari/
1 to 30 days 31 to 60 days 61 to 90 days Total
Modal kerja 257.741 14.281 17.293 289.315 Working capital
Investasi - - - - Investment
Konsumen 20.423 16.385 19.189 55.997 Consumer
Jumlah 278.164 30.666 36.482 345.312 Total
Cadangan kerugian
penurunan nilai (66.481) (3.409) (5.565) (75.455) Allowance for impairment losses
Neto 211.683 27.257 30.917 269.857 Net
127
Page 405
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
40. MANAJEMEN RISIKO (lanjutan) 40. RISK MANAGEMENT (continued)
b. Manajemen risiko pasar b. Market risk management
Risiko ini disebabkan oleh pergerakan variabel Market risk is caused by the movements in
pasar yang dapat merugikan portofolio yang market variables which are interest and
dimiliki Bank yaitu suku bunga dan nilai tukar. exchange rate which can cause losses on the
Ruang lingkup manajemen risiko pasar antara Bank portfolio. The scope of this risk includes
lain meliputi aktivitas fungsional kegiatan treasury activities and investment in
treasuri dan investasi dalam bentuk efek-efek. securities or funding. Asset and Liability
penyediaan dana dan kegiatan pendanaan. Committee (“ALCO”) is the committee which
Asset and Liability Committee (“ALCO”) will help the Directors in monitoring and
merupakan komite yang membantu Direksi managing market risk.
dalam mengawasi dan mengelola risiko pasar.
Bank juga menetapkan kebijakan limit terhadap The Bank also implement limit policy in
aktivitas treasuri untuk menghindari terjadinya treasury activities to avoid portfolio
konsentrasi portofolio pada suatu instrumen concentrated in one instrument or specific
ataupun counterparty tertentu. sehingga terjadi counterparty to achieve diversification in
diversifikasi pengelolaan aset dan liabilitas. assets and liabilities.
i. Risiko tingkat suku bunga i. Interest rate risk
Tabel di bawah ini mengikhtisarkan The tables below summarise the Bank
eksposur Bank terhadap risiko tingkat suku exposure to interest rate risk on financial
bunga atas instrumen keuangan pada instrument as of December 31, 2024 and
tanggal 31 Desember 2024 dan 2023: 2023:
31 Desember/December 31, 2024
Suku bunga mengambang/
Variable interest rate
Lebih dari Suku bunga Tidak dikenakan
Tidak lebih 3 bulan/ tetap/ bunga/
dari 3 bulan/ More than Fixed Non-interest
Up to 3 months 3 months interest rate bearing Total
Aset keuangan Financial assets
Kas - - - 169.338 169.338 Cash
Current accounts
Giro pada Bank Indonesia 1.490.587 - - - 1.490.587 with Bank Indonesia
Current accounts with
Giro pada bank lain - neto 165.457 - - - 165.457 other banks - net
Penempatan pada
Bank Indonesia dan Placements with Bank Indonesia
Bank lain - neto - - 338.006 - 338.006 and other banks - net
Tagihan derivatif 4.316 - - - 4.316 Derivative receivables
Tagihan akseptasi - neto - - - 12.260 12.260 Acceptance receivables - net
Efek-efek - neto - 6.815.516 - - 6.815.516 Marketable securities - net
Kredit yang diberikan - neto 6.279.268 15.334.846 1.398.765 - 23.012.879 Loans - net
Pendapatan bunga yang
masih akan diterima 13.439 140.672 4.719 - 158.830 Interest receivables
Aset lain-lain* 5.005 - - 29.449 34.454 Other assets*
Jumlah aset keuangan 7.958.072 22.291.034 1.741.490 211.047 32.201.643 Total financial assets
*) Aset lain-lain terdiri dari tagihan trade finance, tagihan transaksi ATM Prima *) Other asset consist of trade finance billing, ATM Prima billing transaction
dan uang jaminan and refundable deposits
128
Page 406
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
40. MANAJEMEN RISIKO (lanjutan) 40. RISK MANAGEMENT (continued)
b. Manajemen risiko pasar (lanjutan) b. Market risk management (continued)
i. Risiko tingkat suku bunga (lanjutan) i. Interest rate risk (continued)
Tabel di bawah ini mengikhtisarkan The tables below summarise the Bank
eksposur Bank terhadap risiko tingkat suku exposure to interest rate risk on financial
bunga atas instrumen keuangan pada instrument as of December 31, 2024 and
tanggal 31 Desember 2024 dan 2023: 2023: (continued)
(lanjutan)
31 Desember/December 31, 2024
Suku bunga mengambang/
Variable interest rate
Lebih dari Suku bunga Tidak dikenakan
Tidak lebih 3 bulan/ tetap/ bunga/
dari 3 bulan/ More than Fixed Non-interest
Up to 3 months 3 months interest rate bearing Total
Liabilitas segera - - - 14.928 14.928 Obligation due immediately
Liabilitas derivatif 20.350 - - - 20.350 Derivative payables
Liabilitas Akseptasi 12.262 - - - 12.262 Acceptance payables
Pinjaman yang diterima - 482.850 - - 482.850 Fund Borrowing
Liabilitas atas efek-efek Liabilities on securities
yang dijual dengan sold under repurchase
janji dibeli kembali 1.552.058 - - - 1.552.058 agreements
Simpanan dari nasabah Deposits from customers
Giro 4.009.871 - - - 4.009.871 Current accounts
Tabungan 1.164.249 - - - 1.164.249 Saving accounts
Deposito berjangka - 18.183.353 - 18.183.353 Time deposits
Simpanan dari bank lain 844.674 - - - 844.674 Deposits from other banks
Bunga yang masih harus
dibayar 75.580 - - - 75.580 Interest payables
Liabilitas lain-lain** 11.243 - - - 11.243 Other liabilities**
Jumlah liabilitas keuangan 7.690.287 482.850 18.183.353 14.928 26.371.418 Total financial liabilities
Gap repricing
suku bunga-kotor 267.785 21.808.184 (16.441.863) 196.119 5.830.225 Gross interest repricing gap
31 Desember/December 31, 2023
Suku bunga mengambang/
Variable interest rate
Lebih dari Suku bunga Tidak dikenakan
Tidak lebih 3 bulan/ tetap/ bunga/
dari 3 bulan/ More than Fixed Non-interest
Up to 3 months 3 months interest rate bearing Total
Aset keuangan Financial assets
Kas - - - 212.839 212.839 Cash
Current accounts
Giro pada Bank Indonesia 1.552.681 - - - 1.552.681 with Bank Indonesia
Current accounts with
Giro pada bank lain - neto 139.016 - - - 139.016 other banks - net
Penempatan pada
Bank Indonesia dan Placements with Bank Indonesia
Bank lain - neto - - 44.999 - 44.999 and other banks
Tagihan derivatif 12.832 - - - 12.832 Derivative receivables
Tagihan atas efek-efek Receivables on securities
yang dibeli dengan purchased under
janji dijual kembali - 1.069.249 - - 1.069.249 agreements to resale
Efek-efek - neto - 4.476.706 29.761 - 4.506.467 Marketable securities - net
Kredit yang diberikan - neto 564.705 16.833.084 1.448.628 - 18.846.417 Loans - net
Pendapatan bunga yang
masih akan diterima 805 92.837 4.802 - 98.444 Interest receivables
Aset lain-lain* 6.257 - - - 6.257 Other assets*
Jumlah aset keuangan 2.276.296 22.471.876 1.528.190 212.839 26.489.201 Total financial assets
*) Aset lain-lain terdiri dari tagihan trade finance, tagihan transaksi ATM Prima *) Other asset consist of trade finance billing, ATM Prima billing transaction
dan uang jaminan and refundable deposits
**) Liabilitas lain-lain terdiri dari setoran jaminan dan liabilitas kepada notaris **) Other liabiblities consist of security deposits and liability to notary
129
Page 407
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
40. MANAJEMEN RISIKO (lanjutan) 40. RISK MANAGEMENT (continued)
b. Manajemen risiko pasar (lanjutan) b. Market risk management (continued)
i. Risiko tingkat suku bunga (lanjutan) i. Interest rate risk (continued)
31 Desember/December 31, 2023
Suku bunga mengambang/
Variable interest rate
Lebih dari Suku bunga Tidak dikenakan
Tidak lebih 3 bulan/ tetap/ bunga/
dari 3 bulan/ More than Fixed Non-interest
Up to 3 months 3 months interest rate bearing Total
Liabilitas segera - - - 20.501 20.501 Obligation due immediately
Liabilitas derivatif 2.023 - - - 2.023 Derivative payables
Liabilitas Akseptasi - - - - - Acceptance payables
Liabilitas atas efek-efek Liabilities on securities
yang dijual dengan sold under repurchase
janji dibeli kembali 94.295 - - - 94.295 agreements
Simpanan dari nasabah Deposits from customers
Giro 3.126.957 - - - 3.126.957 Current accounts
Tabungan 1.087.415 - - - 1.087.415 Saving accounts
Deposito berjangka - - 15.772.440 - 15.772.440 Time deposits
Simpanan dari bank lain 324.650 - - - 324.650 Deposits from other banks
Bunga yang masih harus
dibayar 46.953 - - - 46.953 Interest payables
Surat berharga subordinasi - 461.910 - - 461.910 Subordinated securities
Liabilitas lain-lain** 10.182 - - - 10.182 Other liabilities**
Jumlah liabilitas keuangan 4.692.475 461.910 15.772.440 20.501 20.947.326 Total financial liabilities
Gap repricing
suku bunga-kotor (2.416.179) 22.009.966 (14.244.250) 192.338 5.541.875 Gross interest repricing gap
**) Liabilitas lain-lain terdiri dari setoran jaminan dan liabilitas kepada notaris **) Other liabiblities consist of security deposits and liability to notary
Analisis sensitivitas untuk beberapa faktor Sensitivity analysis for several market
pasar menunjukkan bagaimana laba atau factors showing how profit or loss could
rugi dapat dipengaruhi oleh perubahan dari be affected by changes in the relevant
beberapa faktor risiko sesuai dengan tabel risk factor are in the following tables
di bawah ini. Secara umum, sensitivitas below. In general, sensitivity is
diestimasi dengan membandingkan suatu estimated by comparing an initial value
nilai awal ke nilai tertentu setelah to the value derived after a specified
perubahan tertentu dari faktor pasar, change in the market factor, assuming
dengan mengasumsikan seluruh variabel all other variables are constant. The total
lainnya tetap. Total sensitivitas atas sensitivity of statement of profit or loss is
laporan laba rugi didasarkan pada asumsi based on the assumption that there are
bahwa terdapat perubahan paralel dalam parallel shifts in the yield curve.
kurva penghasilan.
Tabel di bawah ini menunjukkan The tables below demonstrates the
sensitivitas dari laporan laba rugi Bank sensitivity of the Bank’s statement of
terhadap kemungkinan perubahan suku profit or loss to reasonably possible
bunga untuk aset dan liabilitas keuangan changes in interest rates for financial
untuk tahun yang berakhir assets and liabilities for the years ended
31 Desember 2024 dan 2023: December 31, 2024 and 2023:
31 Desember/December 31, 2024
Dampak ke laporan
Perubahan laba rugi/
basis poin/ Impact to
Change the statement
in basis point of profit or loss
Rupiah +100 (12.207) Rupiah
-100 12.207
Mata uang asing +100 7.256 Foreign currencies
-100 (7.256)
130
Page 408
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
40. MANAJEMEN RISIKO (lanjutan) 40. RISK MANAGEMENT (continued)
b. Manajemen risiko pasar (lanjutan) b. Market risk management (continued)
i. Risiko tingkat suku bunga (lanjutan) i. Interest rate risk (continued)
Tabel di bawah ini menunjukkan The tables below demonstrates the
sensitivitas dari laporan laba rugi Bank sensitivity of the Bank’s statement of
terhadap kemungkinan perubahan suku profit or loss to reasonably possible
bunga untuk aset dan liabilitas keuangan changes in interest rates for financial
untuk tahun yang berakhir assets and liabilities for the years ended
31 Desember 2024 dan 2023: (lanjutan) December 31, 2024 and 2023:
(continued)
31 Desember/December 31, 2023
Dampak ke laporan
Perubahan laba rugi/
basis poin/ Impact to
Change the statement
in basis point of profit or loss
Rupiah +100 23.512 Rupiah
-100 (23.512)
Mata uang asing +100 11.287 Foreign currencies
-100 (11.287)
ii. Risiko mata uang ii. Foreign currency risk
Risiko mata uang adalah kemungkinan Foreign currency risk is the probability of
kerugian pendapatan yang timbul dari loss to earnings arising from changes in
perubahan kurs valuta asing. Bank foreign exchange rates. The Bank
mengelola paparan terhadap pengaruh manage exposure to effects of
fluktuasi nilai tukar mata uang asing fluctuations in foreign currency
dengan mempertahankan risiko mata uang exchange rates by maintaining foreign
asing dalam pedoman peraturan yang ada currency exposure within the existing
(yakni menjaga Posisi Devisa Neto sesuai regulatory guidelines (maintaining the
dengan peraturan Bank Indonesia). Net Open Position based on Bank
Indonesia regulations).
31 Desember/December 31, 2024
Perubahan
persentase
nilai tukar
mata uang
asing/ Pengaruh ke
Percentage laporan laba rugi/
change in Impact
foreign to the statement
currency rate of profit or loss
Mata uang asing +10% 409 Foreign currencies
-10% (409)
31 Desember/December 31, 2023
Perubahan
persentase
nilai tukar
mata uang
asing/ Pengaruh ke
Percentage laporan laba rugi/
change in Impact
foreign to the statement
currency rate of profit or loss
Mata uang asing +10% 264 Foreign currencies
-10% (264)
131
Page 409
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
40. MANAJEMEN RISIKO (lanjutan) 40. RISK MANAGEMENT (continued)
b. Manajemen risiko pasar (lanjutan) b. Market risk management (continued)
ii. Risiko mata uang (lanjutan) ii. Foreign currency risk
Sensitivitas atas laporan laba rugi The sensitivity of the statement of profit or
merupakan dampak yang diestimasi atas loss is the estimated effect of the assumed
perubahan yang diasumsikan atas change in foreign exchange rates on income
perubahan nilai tukar berdasarkan aset based on foreign currency denominated
dan liabilitas keuangan yang dalam mata assets and liabilities.
uang asing.
c. Risiko likuiditas c. Liquidity risk
Risiko likuiditas merupakan risiko yang timbul Liquidity risk arises from possible losses due
dari kemungkinan kerugian disebabkan oleh to the inability of Bank to fulfill their obligation
ketidakmampuan Bank memenuhi liabilitas as it falls due. Liquidity risk is being managed
yang telah jatuh waktu. Pengelolaan risiko through application of liquidity strategies
likuiditas dilakukan melalui suatu strategi such as the decision of pricing and gapping
likuiditas antara lain mencakup penetapan of fund resources and loans, analysis of
pricing dan gapping terhadap sumber dana dan sufficient capital and investments in portfolio
kredit, analisis kecukupan modal serta investasi and securities. The Bank maintains their
dalam portofolio dan efek-efek. Bank akan liquidity to access financial market through
senantiasa memelihara kemampuan their relationships with the other
likuiditasnya untuk melakukan akses pasar correspondent banks.
uang dengan memelihara hubungan dengan
bank-bank koresponden.
Tabel jatuh tempo berikut menyajikan informasi The following maturity tables provide
mengenai perkiraan sisa jatuh tempo dari aset information about the expected maturities of
dan liabilitas keuangan pada tanggal financial assets and liabilities as of
31 Desember 2024 dan 2023: December 31, 2024 and 2023:
31 Desember/December 31, 2024
> 1 bulan s.d. > 3 bulan s.d. > 6 bulan s.d. > 1 tahun s.d.
Sampai dengan 3 bulan/ 6 bulan/ 12 bulan/ 5 tahun/
1 bulan/ > 1 month up > 3 months up > 6 months up > 1 year up > 5 tahun/ Nilai tercatat/
Up to 1 month to 3 months to 6 months to 12 months to 5 years > 5 years Carrying value
Aset Assets
Kas 169.338 - - - - - 169.338 Cash
Giro pada Current accounts with
Bank Indonesia 1.490.587 - - - - - 1.490.587 Bank Indonesia
Current accounts with
Giro pada bank lain 165.626 - - - - - 165.626 other banks
Penempatan pada
Bank Indonesia dan Placements with Bank
bank lain 338.007 - - - - - 338.007 Indonesia and other banks
Tagihan derivatif 4.316 - - - - - 4.316 Derivative receivables
Tagihan akseptasi - 12.262 - - - - 12.262
Efek-efek 6.815.620 - - - - - 6.815.620 Marketable securities
Kredit yang diberikan 1.082.750 930.490 1.510.730 3.533.127 8.249.456 8.157.248 23.463.801 Loans
Pendapatan bunga yang
masih akan diterima 8.438 1.595 2.286 5.112 38.981 102.418 158.830 Interest receivables
Aset lain-lain* 5.005 29.449 - - - - 34.454 Other assets*
Jumlah 10.079.687 973.796 1.513.016 3.538.239 8.288.437 8.259.666 32.652.841 Total
Liabilitas Liabilities
Liabilitas segera 14.928 - - - - - 14.928 Obligation due immediately
Liabilitas derivatif 20.350 - - - - - 20.350 Derivative payable
Liabilitas akseptasi - 12.262 - - - - 12.262 Acceptance receivables
Pinjaman yang diterima - 482.850 - - - - 482.850 Fund borrowing
Liabilitas atas efek-efek Liabilities on securities
yang dijual dengan under repurchase
janji dibeli kembali 1.552.058 - - - - - 1.552.058 agreements
Simpanan dari nasabah 14.995.005 5.086.344 2.779.842 496.282 - 23.357.473 Deposits from customers
Simpanan dari bank lain 844.674 - - - - - 844.674 Deposits from other banks
Bunga yang masih harus
dibayar 75.580 - - - - - 75.580 Interest payables
Liabilitas lain-lain** 11.243 - - - - - 11.243 Other liabilities**
Jumlah 17.513.838 5.581.456 2.779.842 496.282 - - 26.371.418 Total
Aset/(liabilitas) - neto (7.434.151) (4.607.660) (1.266.826) 3.041.957 8.288.437 8.259.666 6.281.423 Assets/(liabilities) - net
*) Aset lain-lain terdiri dari tagihan trade finance, tagihan transaksi ATM Prima *) Other asset consist of trade finance billing, ATM Prima billing transaction
dan uang jaminan and refundable deposits
**) Liabilitas lain-lain terdiri dari setoran jaminan dan liabilitas kepada notaris **) Other liabiblities consist of security deposits and liability to notary
132
Page 410
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
40. MANAJEMEN RISIKO (lanjutan) 40. RISK MANAGEMENT (continued)
c. Risiko likuiditas (lanjutan) c. Liquidity risk (continued)
Tabel jatuh tempo berikut menyajikan informasi The following maturity tables provide
mengenai perkiraan sisa jatuh tempo dari aset information about the expected maturities of
dan liabilitas keuangan pada tanggal financial assets and liabilities as of
31 Desember 2024 dan 2023: (lanjutan) December 31, 2024 and 2023: (continued)
31 Desember/December 31, 2023
> 1 bulan s.d. > 3 bulan s.d. > 6 bulan s.d. > 1 tahun s.d.
Sampai dengan 3 bulan/ 6 bulan/ 12 bulan/ 5 tahun/
1 bulan/ > 1 month up > 3 months up > 6 months up > 1 year up > 5 tahun/ Nilai tercatat/
Up to 1 month to 3 months to 6 months to 12 months to 5 years > 5 years Carrying value
Aset Assets
Kas 212.839 - - - - - 212.839 Cash
Giro pada Current accounts with
Bank Indonesia 1.552.681 - - - - - 1.552.681 Bank Indonesia
Current accounts with
Giro pada bank lain 139.142 - - - - - 139.142 other banks
Penempatan pada
Bank Indonesia dan Placements with Bank
bank lain 45.000 - - - - - 45.000 Indonesia and other banks
Tagihan derivatif 12.832 - - - - - 12.832 Derivative receivables
Tagihan atas efek-efek Receivables on securities
yang dibeli dengan purchased under
janji dijual kembali 972.443 96.806 - - - - 1.069.249 agreements to resale
Efek-efek 4.506.619 - - - - - 4.506.619 Marketable securities
Kredit yang diberikan 343.634 503.185 1.164.581 2.972.045 2.234.107 12.142.426 19.359.978 Loans
Pendapatan bunga yang
masih akan diterima 450 729 2.051 4.717 6.268 84.229 98.444 Interest receivables
Aset lain-lain* 6.257 - - - - - 6.257 Other assets*
Jumlah 7.791.897 600.720 1.166.632 2.976.762 2.240.375 12.226.655 27.003.041 Total
Liabilitas Liabilities
Liabilitas segera 20.501 - - - - - 20.501 Obligation due immediately
Liabilitas derivatif 2.023 - - - - - 2.023 Derivative payable
Liabilitas atas efek-efek Liabilities on securities
yang dijual dengan under repurchase
janji dibeli kembali 94.295 - - - - - 94.295 agreements
Simpanan dari nasabah 13.815.704 3.947.673 1.946.337 277.098 - - 19.986.812 Deposits from customers
Simpanan dari bank lain 324.650 - - - - - 324.650 Deposits from other banks
Bunga yang masih harus
dibayar 46.953 - - - - - 46.953 Interest payables
Surat berharga subordinasi - 461.910 - - - - 461.910 Subordinated securities
Liabilitas lain-lain** 10.182 - - - - - 10.182 Other liabilities**
Jumlah 14.314.308 4.409.583 1.946.337 277.098 - - 20.947.326 Total
Aset/(liabilitas) - neto (6.522.411) (3.808.863) (779.705) 2.699.664 2.240.375 12.226.655 6.055.715 Assets/(liabilities) - net
Tabel di bawah ini menunjukkan sisa jatuh The table below shows the remaining
tempo kontraktual dari liabilitas keuangan contractual maturities of financial liabilities
berdasarkan pada undiscounted cash flows based on undiscounted cash flows as of
pada tanggal 31 Desember 2024 dan 2023: December 31, 2024 and 2023:
31 Desember/December 31, 2024
Sampai > 1 bulan > 3 bulan > 6 bulan
dengan s.d 3 bulan/ s.d 6 bulan/ s.d 12 bulan/
1 bulan/ > 1 month > 3 months > 6 months
Up to up to up to up to > 1 tahun/ Jumlah/
1 month 3 months 6 months 12 months > 1 year Total
Liabilitas keuangan Financial liabilites
Liabilitas segera 14.928 - - - - 14.928 Obligation due immediately
Liabilitas derivatif 20.350 - - - - 20.350 Derivative payables
Liabilitas akseptasi - - - 12.262 - 12.262 Acceptance payables
Pinjaman yang diterima - 483.486 - - - 483.486 Fund borrowing
Liabilitas atas efek-efek Liabilities on securities
yang dijual dengan sold under repurchase
janji dibeli kembali 1.554.118 - - - - 1.554.118 agreements
Simpanan dari nasabah 18.107.081 3.204.887 1.819.639 326.927 - 23.458.534 Deposits from customers
Simpanan dari bank lain 725.391 121.362 - - - 846.753 Deposits from other banks
Liabilitas lain-lain** 11.243 - - - - 11.243 Other liabilities**
Jumlah 20.433.111 3.809.735 1.819.639 339.189 - 26.401.674 Total
*) Aset lain-lain terdiri dari tagihan trade finance, tagihan transaksi ATM Prima *) Other asset consist of trade finance billing, ATM Prima billing transaction
dan uang jaminan and refundable deposits
**) Liabilitas lain-lain terdiri dari setoran jaminan dan liabilitas kepada notaris **) Other liabiblities consist of security deposits and liability to notar
133
Page 411
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
40. MANAJEMEN RISIKO (lanjutan) 40. RISK MANAGEMENT (continued)
c. Risiko likuiditas (lanjutan) c. Liquidity risk (continued)
Tabel di bawah ini menunjukkan sisa jatuh The table below shows the remaining
tempo kontraktual dari liabilitas keuangan contractual maturities of financial liabilities
berdasarkan pada undiscounted cash flows based on undiscounted cash flows as of
pada tanggal 31 Desember 2024 dan 2023: December 31, 2024 and 2023: (continued)
(lanjutan)
31 Desember/December 31, 2023
Sampai > 1 bulan > 3 bulan > 6 bulan
dengan s.d 3 bulan/ s.d 6 bulan/ s.d 12 bulan/
1 bulan/ > 1 month > 3 months > 6 months
Up to up to up to up to > 1 tahun/ Jumlah/
1 month 3 months 6 months 12 months > 1 year Total
Liabilitas keuangan Financial liabilites
Liabilitas segera 20.501 - - - - 20.501 Obligation due immediately
Liabilitas derivatif 2.023 - - - - 2.023 Derivative payables
Liabilitas atas efek-efek .Liabilities on securities
yang dijual dengan sold under repurchase
janji dibeli kembali 94.295 - - - - 94.295 agreements
Simpanan dari nasabah 14.752.208 3.134.743 1.982.627 278.224 - 20.147.802 Deposits from customers
Simpanan dari bank lain 324.650 - - - - 324.650 Deposits from other banks
Surat berharga subordinasi - 461.940 - - - 461.940 Subordinated securities
Liabilitas lain-lain** 10.182 - - - - 10.182 Other liabilities**
Jumlah 15.203.859 3.596.683 1.982.627 278.224 - 21.061.393 Total
**) Liabilitas lain-lain terdiri dari setoran jaminan dan liabilitas kepada notaris **) Other liabiblities consist of security deposits and liability to notary
41. PERNYATAAN STANDAR AKUNTANSI 41. STATEMENTS OF FINANCIAL ACCOUNTING
KEUANGAN YANG TELAH DISAHKAN NAMUN STANDARDS ISSUED BUT NOT YET
BELUM BERLAKU EFEKTIF EFFECTIVE
Standar akuntansi dan interpretasi yang telah The standards and interpretations that are issued
disahkan oleh DSAK-IAI, tetapi belum berlaku efektif by the DSAK-IAI, but not yet effective for current
untuk laporan keuangan tahun berjalan year financial statements are disclosed below.
diungkapkan di bawah ini.
Berlaku efektif pada atau setelah tanggal Effective on or after January 1, 2025:
1 Januari 2025:
- Amandemen PSAK 221 “Pengaruh Perubahan - Amendments of SFAS 221, “The Effect of
Kurs Valuta Asing” tentang kondisi ketika suatu Changes in Foreign Exchange Rates”
mata uang tidak tertukarkan regarding to conditions when currency is not
exchangeable
134
Page 412
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
41. PERNYATAAN STANDAR AKUNTANSI 41. STATEMENTS OF FINANCIAL ACCOUNTING
KEUANGAN YANG TELAH DISAHKAN NAMUN STANDARDS ISSUED BUT NOT YET
BELUM BERLAKU EFEKTIF EFFECTIVE
Berlaku efektif pada atau setelah tanggal Effective on or after January 1, 2026:
1 Januari 2026:
- Amandemen PSAK 109 “Instrumen Keuangan” - Amendments of SFAS 109, "Financial
dan PSAK 107 “Instrumen Keuangan Instruments," and SFAS 107, "Financial
Pengungkapan tentang Klasifikasi dan Instruments: Disclosures about the
Pengukuran Instrumen Keuangan” tentang Classification and Measurement of Financial
mengklarifikasi ketentuan dalam PSAK 109 Instruments" regarding derecognition of
terkait penghentian pengakuan liabilitas financial liabilities, as well as clarify the
keuangan, serta mengklarifikasi penilaian assessment of cash flow characteristics for
karakteristik arus kas untuk aset keuangan financial assets with ESG-linked features,
dengan fitur ESG-linked, aset keuangan dengan financial assets with non-recourse features,
fitur non-recourse, dan instrumen yang terikat and contractually bound instruments such as
secara kontraktual seperti tranche. Amendemen tranches. The amendments also revise the
ini juga mengubah ketentuan dalam PSAK 107 statement in SFAS 107 regarding the
terkait persyaratan pengungkapan investasi disclosure requirements for investments in
pada instrumen ekuitas yang diukur pada nilai equity instruments measured at fair value
wajar melalui penghasilan komprehensif lain through other comprehensive income and
dan menambah ketentuan terkait instrumen adding statament related to financial
keuangan dengan persyaratan kontraktual yang instruments with contractual terms that alter
mengubah waktu atau jumlah arus kas the timing or amount of contractual cash flows.
kontraktual.
Pada saat penerbitan laporan keuangan, Bank As at the authorisation date of this financial
masih mempelajari dampak yang mungkin timbul statements, the Bank is still evaluating the
dari penerapan standar akuntansi baru dan revisi potential impact of these new and revised
tersebut serta pengaruhnya pada laporan keuangan accounting standards to the financial statements
Bank. of the Bank.
42. PENGUNGKAPAN INFORMASI TAMBAHAN 42. ADDITIONAL DISCLOSURE ON NOTES TO
DALAM CATATAN ATAS LAPORAN KEUANGAN THE FINANCIAL STATEMENTS
Kegiatan usaha Bank senantiasa dihadapkan pada The Bank’s activities deal with risks associated
risiko-risiko yang berkaitan erat dengan fungsinya with its function as financial intermediary
sebagai lembaga intermediasi keuangan. Oleh institution. Thus, the operations are organised
karena itu, kegiatan operasional Bank dikelola carefully to prevent loss from operations of the
dengan baik agar tidak menimbulkan kerugian bagi Bank.
Bank.
135
Page 413
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
42. PENGUNGKAPAN INFORMASI TAMBAHAN 42. ADDITIONAL DISCLOSURE ON NOTES TO
DALAM CATATAN ATAS LAPORAN KEUANGAN THE FINANCIAL STATEMENTS (continued)
(lanjutan)
Berdasarkan POJK No. 18/POJK.03/2016 tanggal Based on POJK No. 18/POJK.03/2016 dated
16 Maret 2016, tentang Penerapan Manajemen March 16, 2016, the Bank’s application of its risk
Risiko Bagi Bank Umum, maka Bank menerapkan management policies is implementation based on
manajemen risiko sesuai dengan kompleksitasnya. it’s complexity. The Risk Management
Kebijakan Penerapan Manajemen Risiko mengacu Implementation Policy refers to the provisions and
pada ketentuan dan Peraturan Otoritas Jasa regulations of the Financial Services Authority,
Keuangan antara lain Nomor: 18/POJK.03/2016 No.18/POJK.03/2016 dated March 16, 2016
tanggal 16 Maret 2016 tentang Penerapan concerning the Implementation of Risk
Manajemen Risiko Bagi Bank Umum dan Surat Management for Commercial Banks and Circular
Edaran Otoritas Jasa Keuangan Letter of the Financial Services Authority Number:
Nomor: 34/SEOJK.03/2016 tanggal 01 September 34/SEOJK.03/2016 dated September 01, 2016
2016 tentang Penerapan Manajemen Risiko Bagi concerning Implementation of Risk Management
Bank Umum (beserta lampiran), Peraturan Otoritas for Commercial Banks (along with attachments),
Jasa Keuangan Nomor 55/POJK.03/2016 tertanggal Financial Services Authority Regulation
7 Desember 2016 yang telah dicabut dan digantikan No.55/POJK.03/2016 dated December 07, 2016
POJK Nomor 17 Tahun 2023 tertanggal has been revoked and replaced by POJK No. 17,
14 September 2023 tentang Penerapan Tata Kelola 2023 came into effect pn September 14, 2023
Bagi Bank Umum, Surat Edaran Otoritas Jasa concerning Implementation of Governance for
Keuangan Nomor 13/SEOJK.03/2017 tanggal Commercial Banks, Financial Services Authority
17 Maret 2017 tentang Penerapan Tata Kelola Bagi Circular Letter Number 13/SEOJK.03 /2017 dated
Bank Umum dan 13/POJK.03/2021 tentang March 17, 2017 concerning the Implementation of
Penyelenggaraan Produk Bank Umum. Bank Good Corporate Governance for Commercial
memiliki kebijakan internal berupa Kebijakan Umum Banks and 13/POJK.03/2021 concerning the
dan Pedoman-Pedoman Umum Manajemen Risiko Operation of Commercial Bank Products. The
yang bertujuan untuk memastikan risiko-risiko yang Bank has internal policies in the form of General
dihadapi Bank dapat diidentifikasi, diukur, Policies and General Guidelines for Risk
dikendalikan, dan dilaporkan dengan baik. Management which aim to ensure that the risks
faced by the Bank can be identified, measured,
controlled, and reported properly.
Berdasarkan POJK No. 18/POJK.03/2016 tanggal Based on POJK Regulation
16 Maret 2016, tentang Penerapan Manajemen No. 18/POJK.03/2016 dated March 16, 2016
Risiko Bagi Bank Umum, bank umum konvensional regarding, the risk management inplementation
diwajibkan untuk menerapkan delapan (8) jenis for commercial bank, conventional banks are
risiko dan lima (5) peringkat penetapan penilaian required to apply eight (8) type of risks and five
peringkat risiko. (5) grades to value risks.
Sebagaimana diamanatkan ketentuan Peraturan In relation to the implementation of risk
Otoritas Jasa Keuangan (POJK) terkait penerapan management as required by Financial Services
manajemen risiko, Bank menyusun laporan profil Authority (OJK), the Bank prepares quarterly risk
risiko triwulanan secara self assessment. Dari hasil profile report on self assesment basis. Based on
self assessment profil risiko triwulanan yang the self assessment results of the quarterly risk
disampaikan kepada Otoritas Jasa Keuangan (OJK) profile report submitted to Financial Services
posisi Juni 2024, predikat risiko Bank secara Authority (OJK) as of June 2024, the Bank’s
keseluruhan berada pada tingkat risiko komposit low overall risk profile is at the low to moderate
to moderate. composite risk level.
136
Page 414
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
42. PENGUNGKAPAN INFORMASI TAMBAHAN 42. ADDITIONAL DISCLOSURE ON NOTES TO
DALAM CATATAN ATAS LAPORAN KEUANGAN THE FINANCIAL STATEMENTS (continued)
(lanjutan)
Informasi tambahan berikut yang disajikan di bawah The following additional information below is
ini merupakan informasi yang disyaratkan oleh information required by applicable regulations and
regulasi berlaku dan tidak disyaratkan untuk is not required to be disclosed by Indonesian
diungkapkan oleh Standar Akuntansi Keuangan di Financial Accounting Standards.
Indonesia.
a. Giro pada Bank Indonesia a. Current Accounts with Bank Indonesia
Bank dipersyaratkan untuk memiliki Giro Wajib The Bank is required to maintain minimum
Minimum (GWM) dalam mata uang Rupiah statutory reserves (GWM) in Rupiah for
dalam kegiatannya sebagai bank umum dan conventional banking and statutory reserves
GWM dalam mata uang asing dalam in foreign currencies for foreign exchange
kegiatannya melakukan transaksi mata uang transactions.
asing.
Pada tanggal 31 Desember 2023 dan 2024, Giro As of December 31, 2023 and 2024, the
Wajib Minimum (GWM) Bank telah sesuai Bank's Minimum Statutory Reserve complies
dengan Peraturan Bank Indonesia (PBI) with Bank Indonesia (BI) Regulation No.
No.15/15/PBI/2013 tanggal 24 Desember 2013 15/15/PBI/2013 dated December 24, 2013
tentang Giro Wajib Minimum Bank Umum Dalam which have been further amended with PBI
Rupiah dan Valuta Asing Bagi Bank Umum No. 18/3/PBI/2016 dated March 10, 2016,
Konvensional sebagaimana telah diubah PBI No. 18/14/PBI/2016 dated August 18,
beberapa kali dengan PBI No.18/3/PBI/2016 2016, PBI No. 19/6/PBI/2017 dated April 17,
tanggal 10 Maret 2016, PBI No.18/14/PBI/2016 2017, PBI No. 20/3/PBI/2018 dated March
tanggal 18 Agustus 2016, PBI No. 19/6/PBI/2017 29, 2018, PBI No. 23/16/PBI/2021 dated
tanggal 17 April 2017, PBI No. 20/3/PBI/2018 December 21, 2021, PBI No. 24/4/PBI/2022
tanggal 29 Maret 2018, PBI No. 23/16/PBI/2021 dated February 25, 2022 and Regulation of
tanggal 21 Desember 2021, PBI No. Members of The Board of Governors (PADG)
24/4/PBI/2022 tanggal 25 Februari 2022 dan No.20/30/PADG/2018 dated November 30,
Peraturan Anggota Dewan Gubernur (PADG) 2018, No. 21/14/PADG/2019 dated
No. 20/30/PADG/2018 tanggal 30 November June 26, 2019, No. 21/27/PADG/2019 dated
2018, No.21/14/PADG/2019 tanggal 26 Juni December 26, 2019, No. 22/2/PADG/2020
2019, No. 21/27/PADG/2019 tanggal dated March 13, 2020, No. 22/10/PADG/2020
26 Desember 2019, No. 22/2/PADG/2020 dated April 30, 2020, 22/19/PADG/2020
tanggal 13 Maret 2020, No. 22/10/PADG/2020 dated July 29, 2020, No. 24/3/PADG/2022
tanggal 30 April 2020, PADG 22/19/PADG/2020 dated March 1, 2022, 24/8/PADG/2022 dated
tanggal 29 Juli 2020, 24/3/PADG/2022 tanggal 1 June 30, 2022, PADG No. 2, 2023 dated April
Maret 2022, 24/8/PADG/2022 tanggal 30 Juni 1, 2023, and the latest PADG No. 12 year
2022, PADG Nomor 2 Tahun 2023 tanggal 1 2023 date September 27, 2023 “Minimum
April 2023, dan PADG No. 12 Tahun 2023 Statutory Reserve Requirements in Rupiah
tanggal 27 September 2023 perubahan terakhir and Foreign Currencies of Conventional
tentang “Giro Wajib Minimum dalam Rupiah dan Commercial Banking, Sharia Commercial
Valuta Asing bagi Bank Umum Konvensional, Banking and Sharia Business Units”
Bank Umum Syariah, dan Unit Usaha Syariah” concerning Minimum Statutory Reserve of
yang masing-masing sebesar: Commercial Banks with BI in Rupiah and
foreign currency, which are as follows:
137
Page 415
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
42. PENGUNGKAPAN INFORMASI TAMBAHAN 42. ADDITIONAL DISCLOSURE ON NOTES TO
DALAM CATATAN ATAS LAPORAN KEUANGAN THE FINANCIAL STATEMENTS (continued)
(lanjutan)
a. Giro pada Bank Indonesia (lanjutan) a. Current Accounts with Bank Indonesia
(continued)
31 Desember/December 31
2024 2023
Rupiah Rupiah
- GWM Primer Primary Minimum Statutory Reserve -
Harian*) 0,00% 0,00% Daily*)
Rata-rata**) 9,00% 9,00% Average**)
- PLM***) 5,00% 5,00% PLM***) -
Mata uang asing 4,00% 4,00% Foreign Currencies
*) Mulai berlaku per 1 September 2022 *) Effective on September 1, 2022
**) Berdasarkan PADG Nomor 12 Tahun 2023 tanggal 27 September 2023. **) Based on PADG No. 12 year 2023 dated September 27, 2023.
Penyesuaian kebijakan pengaturan GWM Rupiah menjadi 4% mulai Adjusting Minimum Statuory Reserve to 4% (four percent) effective on
berlaku tanggal 1 Oktober 2023. October 1, 2023.
***) Berdasarkan Peraturan Anggota Dewan Gubernur (PADG) Nomor 18 ***) Based on Regulation of Members of The Board of Governors (PADG)
Tahun 2023 tentang Rasio Intermediasi Makroprudensial dan Penyangga No 18 2023 concerning Macroprudential Liquidity Buffer (PLM) for
Likuiditas Makroprudensial bagi Bank Umum Konvensional, Bank Umum Conventional Commercial Banks, Sharia Banks and Sharia Business
Syariah, dan Unit Usaha Syariah, PLM ditetapkan 5% mulai berlaku Unit, PLM is 5% (five percent) effective on December 1, 2023.
tanggal 1 Desember 2023.
GWM Primer adalah simpanan minimum yang Primary Minimum Statutory Reserve is a
wajib dipelihara oleh Bank dalam bentuk saldo minimum reserve that should be maintained
Rekening Giro pada Bank Indonesia. GWM by the Bank in Current Accounts with Bank
Sekunder dan Penyangga Likuiditas Indonesia. Secondary Minimum Statutory
Makroprudensial (PLM) adalah cadangan Reserve and Macroprudential Liquidity Buffer
minimum yang wajib dipelihara oleh Bank are the minimum reserves that should be
berupa SBI, Surat Utang Negara (SUN), Surat maintained by the Bank which comprised of
Berharga Syariah Negara (SBSN) dan/atau Certificates of Bank Indonesia (SBI),
excess reserve yang merupakan kelebihan Government Debenture Debt (SUN), Sharia
saldo Rekening Giro Rupiah Bank dari GWM Government Securities (SBSN), and/or
Primer, GWM LFR dan Rasio Intermediasi excess reserve which represent the excess
Makroprudensial (RIM). reserve of the Bank’s Current Accounts in
Rupiah over the Primary Minimum Statutory
Reserve, Minimum Statutory Reserve on LFR
and Macroprudential Intermediation Ratio
(RIM).
GWM LFR dan RIM adalah tambahan simpanan Minimum Statutory Reserve on LFR and RIM
minimum yang wajib dipelihara oleh Bank dalam is the additional reserve that should be
bentuk saldo Rekening Giro pada Bank maintained by the Bank in the form of Current
Indonesia, jika LFR dan RIM Bank dibawah Accounts with Bank Indonesia, if the Bank’s
minimum LFR dan RIM target Bank Indonesia LFR and RIM is below the minimum of LFR
(84%) atau jika di atas maksimum LFR dan RIM and RIM targeted by Bank Indonesia (84%)
target BI (94%) dan Kewajiban Penyediaan or if the Bank’s LFR and RIM is above the
Modal Minimum (KPMM) Bank lebih kecil dari maximum of LFR and RIM targeted by BI
KPMM Insentif BI sebesar 14%. (94%) and the Capital Adequacy Ratio (CAR)
is below BI requirement of 14%.
138
Page 416
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
42. PENGUNGKAPAN INFORMASI TAMBAHAN 42. ADDITIONAL DISCLOSURE ON NOTES TO
DALAM CATATAN ATAS LAPORAN KEUANGAN THE FINANCIAL STATEMENTS (continued)
(lanjutan)
a. Giro pada Bank Indonesia (lanjutan) a. Current Accounts with Bank Indonesia
(continued)
Rasio Giro Wajib Minimum untuk rekening The ratios of the Bank’s Minimum Statutory
Rupiah dan mata uang asing Bank pada tanggal Reserve requirement for its Rupiah and
31 Desember 2024 dan 2023 masing-masing foreign currencies accounts as of December
sebesar: 31, 2024 and 2023, respectively, are as
follows:
31 Desember/December 31
2024 2023
Rupiah Rupiah
- GWM Primer Primary Minimum Statutory Reserve -
Harian 7,67% 8,95% Daily
Rata-rata 7,85% 8,83% Average
- PLM 33,10% 29,32% PLM -
Mata uang asing 4,14% 4,38% Foreign Currencies
Bank telah memenuhi ketentuan Bank The Bank has fulfilled Bank Indonesia
Indonesia yang berlaku tentang Giro Wajib regulation regarding Statutory Reserves
Minimum Bank Umum pada tanggal Requirement on Commercial Banks as of
31 Desember 2024 dan 2023. December 31, 2024 and 2023.
b. Giro pada bank lain b. Current accounts with other banks
Seluruh giro pada bank lain pada tanggal All current accounts with other banks as of
31 Desember 2024 dan 2023 digolongkan December 31, 2024 and 2023 were
sebagai “lancar”. classified as “current”.
c. Penempatan pada Bank Indonesia dan bank c. Placements with Bank Indonesia and
lain other banks
Seluruh penempatan pada Bank Indonesia dan All placements with Bank Indonesia and
bank lain pada tanggal other banks as of December 31, 2024 and
31 Desember 2024 dan 2023 digolongkan 2023 were classified as “current”.
sebagai “lancar”.
d. Efek - efek d. Marketable Securities
Seluruh efek-efek milik Bank pada tanggal All of the marketable securities owned by
31 Desember 2024 dan 2023 diklasifikasikan the Bank as of December 31, 2024 and
sebagai “lancar”. 2023 are classified as “current”.
e. Tagihan atas efek-efek yang dibeli dengan e. Receivables on securities purchased
janji dijual kembali under agreements to resale
Efek-efek yang dibeli dengan janji dijual kembali All of the securities purchased under resale
(reverse repo) milik Bank pada tanggal 31 agreements (reverse repo) owned by the
Desember 2024 dan 2023 diklasifikasikan Bank as of December 31, 2024 and 2023
sebagai “lancar”. are classified as “current”.
139
Page 417
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
42. PENGUNGKAPAN INFORMASI TAMBAHAN 42. ADDITIONAL DISCLOSURE ON NOTES TO
DALAM CATATAN ATAS LAPORAN THE FINANCIAL STATEMENTS (continued)
KEUANGAN (lanjutan)
f. Kredit yang diberikan f. Loans
31 Desember/December 31
2024 2023
Lancar 22.235.207 18.266.779 Current
Dalam perhatian khusus 730.193 536.786 Special mention
Kurang lancar 12.872 245.676 Substandard
Diragukan 10.516 38.171 Doubtful
Macet 475.013 272.566 Loss
23.463.801 19.359.978
Cadangan kerugian Allowance for
penurunan nilai (450.922) (513.561) impairment losses
Neto 23.012.879 18.846.417 Net
Rasio kredit bermasalah bruto (rasio NPL - The ratio of gross non-performing loans
bruto) Bank terhadap total kredit yang (gross NPL ratio) of the Bank to total loans
diberikan adalah sebesar 2,12% dan 2,87%, are 2.12% and 2.87% as of December 31,
masing-masing pada tanggal 2024 and 2023, respectively, while the net
31 Desember 2024 dan 2023, sedangkan non-performing loans to total loans (net
rasio kredit bermasalah neto terhadap total NPL ratio) are 0.82%, and 0.77% as of
kredit (rasio NPL - neto) adalah sebesar December 31, 2024 and 2023, respectively.
0,82% dan 0,77%, masing-masing pada
tanggal 31 Desember 2024 dan 2023.
Rasio kredit usaha kecil terhadap jumlah The ratio of loans to small-scale businesses
kredit yang diberikan adalah sebesar 6,89% to total loans are 6.89% and 8.79% as of
dan 8,79% masing-masing pada tanggal December 31, 2024 and 2023, respectively.
31 Desember 2024 dan 2023.
140
Page 418
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
42. PENGUNGKAPAN INFORMASI TAMBAHAN 42. ADDITIONAL DISCLOSURE ON NOTES TO
DALAM CATATAN ATAS LAPORAN KEUANGAN THE FINANCIAL STATEMENTS (continued)
(lanjutan)
g. Kredit restrukturisasi g. Restructured loans
Pada tanggal 31 Desember 2024 dan 2023 As of December 31, 2024 and 2023 the
saldo kredit yang direstrukturisasi Bank adalah Bank’s restructured loans are as follows:
sebesar:
31 Desember/December 31
Kolektibilitas/
Jenis/Type Collectability 2024 2023
Modal kerja/Working capital Lancar/Current 195.990 724.674
Dalam perhatian khusus/
Special mention 517.367 326.694
Kurang lancar/
Substandard 5.298 230.868
Diragukan/Doubtful 2.399 17.042
Macet/Loss 285.109 89.856
1.006.163 1.389.134
Investasi/Investment Lancar/Current 2.120.916 2.209.500
Dalam perhatian khusus/
Special mention 112.412 139.814
Kurang lancar /
Substandard 313 -
Diragukan/Doubtful - 5.968
Macet/Loss 131.147 32.311
2.364.788 2.387.593
Konsumer/Consumer Lancar/Current 32.442 65.625
Dalam perhatian khusus/
Special mention 6.225 8.384
Kurang lancar/
Substandard - 8.581
Diragukan/Doubtful 966 1.853
Macet/Loss 1.779 14.406
41.412 98.849
Jumlah/Total 3.412.363 3.875.576
Cadangan kerugian penurunan nilai/
Allowance for impairment losses (402.537) (375.316)
Neto/Net 3.009.826 3.500.260
Seluruh restrukturisasi kredit dilakukan All restructured loans were modified through
melalui penjadwalan ulang pembayaran pokok loans principal and interest rescheduling,
kredit dan bunga, penambahan jangka waktu extension of loan maturity period and interest
kredit dan penyesuaian suku bunga. rate adjustment.
Termasuk dalam kredit restrukturisasi diatas Included in the above restructured loan are
adalah restrukturisasi untuk debitur yang restructured for debtors affected by
terdampak pandemi COVID-19 sesuai dengan COVID-19 pandemic in accordance with
POJK No. 11/POJK.03/2020 “Stimulus SFAS No. 11/POJK.03/2020 “National
Perekonomian Nasional sebagai kebijakan Economic stimulus as countercyclical policy
countercyclical dampak penyebaran Corona in the impact of the spread of
Virus Disease 2019” tertanggal 13 Maret 2020 Coronavirus Disease 2019 dated March 13,
yang telah diperbaharui beberapa kali dengan 2020 which was updated by SFAS No.
POJK No. 48/POJK.03/2020 “Perubahan 48/POJK.03/2020 “First Changes in POJK
Pertama Atas POJK No.11/POJK.03/2020” No. 11/POJK.03/2020” dated December, 1
tertanggal 1 Desember 2020 dan POJK 2020 and SFAS No. 17/POJK.03/2021
No. 17/POJK.03/2021 “Perubahan Kedua “Second Changes in POJK
Atas POJK No.11/POJK.03/2020” tertanggal No. 11/POJK.03/2020” dated September 10,
10 September 2021 serta Siaran Pers OJK 2021, also Press Release OJK No. SP
No. SP 85/DHMS/OJK/XI/2022 tertanggal 85/DHMS/OJK/XI/2022 dated November 28,
28 November 2022 tentang Perpanjangan 2022 as of December 31, 2024 the balance
Kebijakan Restrukturisasi Kredit dan of COVID-19 restructured loans amounted to
Pembiayaan Secara Targeted dan Sektoral Rp2,184,606 (2023: Rp2,460,964).
Atasi Dampak Lanjutan Pandemi COVID. Per
tanggal 31 Desember 2024 total saldo kredit
restrukturisasi COVID-19 adalah sebesar
Rp2.184.606 (2023: Rp2.460.964).
141
Page 419
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
42. PENGUNGKAPAN INFORMASI TAMBAHAN 42. ADDITIONAL DISCLOSURE ON NOTES TO
DALAM CATATAN ATAS LAPORAN KEUANGAN THE FINANCIAL STATEMENTS (continued)
(lanjutan)
h. Susunan Manajemen Risiko h. Risk Management Structure
Dari sudut pandang manajemen risiko, struktur From the point of view of risk management,
organisasi Bank dapat dibagi menjadi: the Bank organisational structure can be
divided into:
a. Dewan Komisaris merupakan badan a. The Board of Commissioners is the
manajemen terpenting yang mempunyai most important management agency
wewenang dan tanggung jawab: having authority and responsibility:
- Mengevaluasi kebijakan Manajemen - Evaluating Risk Management
Risiko dan strategi Manajemen Risiko policies and Risk Management
secara periodik atau dalam frekuensi strategies periodically or in a
tertentu yang lebih sering dalam hal certain frequency more frequently
terdapat perubahan faktor yang in the event that there are changes
mempengaruhi kegiatan bisnis Bank in factors that significantly affect
secara signifikan; the Bank's business activities;
- Mengevaluasi pertanggungjawaban - Evaluating the accountability of
Direksi dan memberikan arahan the Board of Directors and
perbaikan atas pelaksanaan providing directions for
kebijakan Manajemen Risiko secara improvement of the
berkala; implementation of Risk
Management policies on a regular
basis;
- Memastikan kebijakan dan proses - Ensuring that Risk management
manajemen Risiko dilaksanakan policies and processes are
secara efektif dan terintegrasi dalam implemented effectively and
proses manajemen risiko secara integrated into the overall risk
keseluruhan. Dewan Komisaris management process. the Board of
dibantu oleh Komite Pemantau Risiko. Commissioners is assisted by the
Risk Monitoring Committee.
b. Direksi dan komite-komite manajemen b. The board of Directors and management
sebagai struktur strategik. Direksi committees as strategic structure. The
menjalankan fungsi kebijakan risiko (risk Board of Directors carries out the function
policy) melalui komite-komite Direksi of risk policy (risk policy) through the
seperti Komite Manajemen Risiko (KMR), Board of Directors committees such as
Komite Asset & Liability (ALCO), Komite the Risk Management Committee (RMC),
Kebijakan Perkreditan (KKP). Fungsi Asset & Liability Committee (ALCO),
utamanya antara lain: Credit Policy Committee (CPC). Its main
function, among others:
- Bertanggung jawab atas pelaksanaan - Responsible for the
kebijakan Manajemen Risiko dan implementation of Risk
eksposur Risiko yang diambil oleh Management policies and Risk
Bank secara keseluruhan, sesuai exposures taken by the Bank as a
dengan tingkat Risiko yang akan whole, in accordance with the
diambil (risk appetite) dan toleransi level of Risk to be taken (risk
Risiko (risk tolerance) Bank; appetite) and the Bank's risk
tolerance;
- Mengevaluasi dan memutuskan - Evaluate and decide on
transaksi yang memerlukan transactions that require the
persetujuan Direksi; approval of the Board of Directors;
- Mengembangkan budaya Manajemen - Develop a Risk Management
Risiko pada seluruh jenjang culture at all levels of the
organisasi; organization;
142
Page 420
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
42. PENGUNGKAPAN INFORMASI TAMBAHAN 42. ADDITIONAL DISCLOSURE ON NOTES TO
DALAM CATATAN ATAS LAPORAN KEUANGAN THE FINANCIAL STATEMENTS (continued)
(lanjutan)
h. Susunan Manajemen Risiko (lanjutan) h. Risk Management Structure (continued)
b. Direksi dan komite-komite manajemen b. The board of Directors and management
sebagai struktur strategik. Direksi committees as strategic structure. The
menjalankan fungsi kebijakan risiko (risk Board of Directors carries out the function
policy) melalui komite-komite Direksi of risk policy (risk policy) through the
seperti Komite Manajemen Risiko (KMR), Board of Directors committees such as the
Komite Asset & Liability (ALCO), Komite Risk Management Committee (RMC),
Kebijakan Perkreditan (KKP). Fungsi Asset & Liability Committee (ALCO),
utamanya antara lain: (lanjutan) Credit Policy Committee (CPC). Its main
function, among others: (continued)
- Memastikan peningkatan kompetensi - Ensuring the improvement of
sumber daya manusia yang terkait human resource competencies
dengan Manajemen Risiko; related to Risk Management;
- Memastikan bahwa fungsi - Ensure that the Risk Management
Manajemen Risiko telah beroperasi function operates independently.
secara independen. Komite The Risk Management Committee
Manajemen Risiko akan memantau will monitor the implementation of
penerapan manajemen risiko antara risk management among others,
lain berdasarkan laporan yang according to a report prepared by
dipersiapkan oleh Divisi Manajemen the Risk Management Division.
Risiko.
c. Komite Pemantau Risiko, merupakan c. Risk Monitoring Committee, is a risk
fungsi pengawasan manajemen risiko management supervisory function at the
pada level Komisaris dan Pihak level of Commissioners and
Independen. Adapun kewenangan dan Independent Parties. The authorities
tugas dari Komite Pemantau Risiko antara and duties of the Risk Monitoring
lain: Committee include:
- Evaluasi tentang kesesuaian antara - Evaluation of conformity between
kebijakan manajemen risiko dengan risk management policies and the
pelaksanaan kebijakan Bank; implementation of Bank policies;
- Pemantauan dan evaluasi - Monitoring and evaluating the
pelaksanaan tugas komite implementation of the duties of the
manajemen risiko dan Divisi risk management committee and
Manajemen Risiko, guna the Risk Management Division, in
memberikan rekomendasi kepada order to provide recommendations
Dewan Komisaris. to the Board of Commissioners.
d. Divisi Manajemen Risiko merupakan d. Risk Management Division is a function
fungsi pengelolaan penerapan of managing the implementation of risk
manajemen risiko pada Bank CCB management at Bank CCB Indonesia
Indonesia yang independen terhadap which is independent of the Bank's
aktivitas operasional Bank, bertanggung operational activities, responsible for the
jawab secara berkelanjutan terhadap monitoring and analysis of continuous
pemantauan dan analisis eksposur risiko exposure to the risks faced by the Bank.
yang dihadapi oleh Bank.
e. Risk Taking Unit, merupakan unit bisnis e. Risk Taking Unit, is a business and
dan operasional, serta unit lain yang operational unit, as well as other units
termasuk dalam first line of defense yang included in the first line of defense which
bertanggung jawab atas masing-masing are responsible for each risk in the
risiko pada aktivitas bisnis dan bank's business activities and
operasional bank. operations.
143
Page 421
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
42. PENGUNGKAPAN INFORMASI TAMBAHAN 42. ADDITIONAL DISCLOSURE ON NOTES TO
DALAM CATATAN ATAS LAPORAN KEUANGAN THE FINANCIAL STATEMENTS (continued)
(lanjutan)
h. Susunan Manajemen Risiko (lanjutan) h. Risk Management Structure (continued)
f. Internal Control, merupakan sistem f. Internal Control, has the function to
Pengendalian Internal Bank di masing- control system in each Division and
masing Divisi dan Kantor didukung oleh Office supported by a supervisory
fungsi pengawasan dari Divisi Audit function from the Internal Audit Division,
Internal, pengawasan dari Divisi supervision from the Compliance
Kepatuhan, serta Satuan Kerja Anti- Division, and the Anti-Fraud Work Unit
Fraud.
i. Risiko operasional i. Operational risk
Bank terus meningkatkan tata kelola risiko The Bank continues to improve operational
operasional dengan kolaborasi aktif antara risk with an active collaboration between
perspektif bottom-up dari risk taking unit dan bottom-up perspective from risk taking unit
Divisi Manajemen Risiko dan pengawasan aktif and Risk Management Division and active
dari Manajemen secara top-down. supervision from top-down Management.
Implementasi internal control bottom-up Internal control of bottom-up is implemented
dilakukan melalui peningkatan pemahaman by increasing employee understanding and
dan keterampilan karyawan dalam skills in identifying and mitigating key
mengidentifikasi dan memitigasi risiko bisnis business risks through the Operational Risk
utama melalui proses Operational Risk Self- Self-Assessment (ORSA) process,
Assessment (ORSA), pemantauan Key monitoring Key Operational Risk Indicators
Operational Risk Indicator (KORI), serta kaji (KORI), as well as periodic review and
ulang dan pembaruan kebijakan dan prosedur updating of policies and procedures.
secara berkala.
Bank secara berkala, melakukan pemantauan From top-down perspective, the Bank
dan tindak lanjut oleh Direksi secara regularly conducted monitoring follow-up
komprehensif, dan pelaksanaan forum Komite from the Board of Directors comprehensively,
Manajemen Risiko (KMR) minimal 4 kali dalam and the implementation of Risk Management
setahun yang membahas mengenai isu Committee (RMC) forums that discuss
strategis terkait dengan pengelolaan risiko strategic issues related to corporate risk
Bank. management at minimum 4 times a year.
j. Risiko hukum j. Legal risk
Bank memastikan setiap produk dan transaksi The Bank ensures that all new and existing
baik yang baru maupun yang sudah ada telah products and transactions are in accordance
sesuai dengan peraturan dan perundangan with the applicable laws and regulations. The
yang berlaku. Bank mengelola risiko hukum Bank manages legal risk by minimizing the
dengan meminimalisasi potensi terjadinya potential for claims from parties that cause
gugatan dari para pihak yang menyebabkan losses to the Bank. All agreements are
kerugian terhadap Bank. Seluruh perjanjian processed and developed within the
diproses dan dikembangkan dengan kerangka framework of the agreement in accordance
perjanjian sesuai dengan peraturan with applicable laws and regulations in
perundangan yang berlaku di Indonesia. Bank Indonesia. The Bank manages every legal
mengelola setiap kasus hukum dan menangani case and handles litigation cases that are
kasus litigasi yang dihadapi sesuai dengan faced in accordance with the applicable laws
ketentuan dan peraturan perundang-undangan and regulations.
yang berlaku.
144
Page 422
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
42. PENGUNGKAPAN INFORMASI TAMBAHAN 42. ADDITIONAL DISCLOSURE ON NOTES TO
DALAM CATATAN ATAS LAPORAN KEUANGAN THE FINANCIAL STATEMENTS (continued)
(lanjutan)
k. Risiko kepatuhan k. Compliance risk
Bank melakukan berbagai upaya preventif The Bank carries out various preventive
dengan mematuhi kaidah-kaidah perbankan measures by complying with applicable
yang berlaku untuk memastikan bahwa banking rules to ensure that the policies,
kebijakan, ketentuan, sistem dan prosedur, regulations, systems and procedures, as well
serta kegiatan usaha yang dilakukan oleh Bank as business activities carried out by the Bank
telah sesuai dengan ketentuan OJK dan are in accordance with the provisions of the
ketentuan peraturan perundang-undangan OJK and the provisions of the legislation and
serta memastikan kepatuhan Bank terhadap ensure the Bank’s compliance with
komitmen yang dibuat oleh Bank kepada OJK commitments made by the Bank to the OJK
dan/atau otoritas pengawas lain yang and/or other authorised supervisory
berwenang. authorities.
Peran dan fungsi kepatuhan sangat dibutuhkan The role and function of compliance is
dalam mengelola risiko kepatuhan agar sejalan needed in managing compliance risk so that
dengan penerapan manajemen risiko Bank it is in line with the implementation of the
secara keseluruhan dalam rangka menjaga Bank’s overall risk management in order to
harmonisasi antara kepentingan komersial maintain harmonisation between the Bank’s
Bank dengan ketaatan terhadap ketentuan commercial interests and compliance with
peraturan perundang-undangan yang berlaku. applicable laws and regulations.
l. Risiko reputasi l. Reputation risk
Bank memiliki sistem untuk menangani The Bank has a system to handle customer
pengaduan nasabah dan didukung kebijakan complaints and is supported by policies and
serta prosedur penanganan dan penyelesaian procedures for handling and resolving
pengaduan nasabah yang memadai. customer complaints adequately.
Pelaporan secara rutin kepada manajemen Reporting on a regular basis to management
dilakukan melalui laporan bulanan dan is done through monthly and quarterly
triwulanan Manajemen Risiko kepada jajaran reports on Risk Management to the Board of
Direksi yaitu terkait data pengaduan dan Directors regarding data of value of the
penyelesaian pengaduan. complaint.
Bank melakukan monitoring secara sistematis The Bank does systematic media monitoring
dan mencakup media secara keseluruhan including online and offline media. Each
termasuk yang bersumber secara online potential reputation risk is managed by
maupun offline. Setiap potensi risiko reputasi escalating a predetermined problem based
dikelola dengan jalur eskalasi masalah yang on the significance of the problem for the
telah ditentukan berdasarkan signifikansi relevant members of the Board of Directors.
masalah kepada anggota Direksi terkait. Jalur Clean-cut lines of communication have also
komunikasi yang jelas juga telah disiapkan been prepared to ensure uniformity of
untuk memastikan keseragaman pesan communication messages to front-line
komunikasi kepada karyawan lini depan terkait employees related to media reporting or the
dengan pemberitaan media atau isu reputasi. issue that has potential reputation risk.
145
Page 423
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
42. PENGUNGKAPAN INFORMASI TAMBAHAN 42. ADDITIONAL DISCLOSURE ON NOTES TO
DALAM CATATAN ATAS LAPORAN KEUANGAN THE FINANCIAL STATEMENTS (continued)
(lanjutan)
m. Risiko strategik m. Strategic risk
Risiko strategik timbul antara lain disebabkan Strategic risk is caused by decision and
adanya penetapan dan pelaksanaan strategi application of improper strategy, improper
yang tidak tepat, pengambilan keputusan bisnis business decisions and unresponsive bank
yang tidak tepat atau kurang responsifnya Bank action against external changes. In
terhadap perubahan eksternal. Dalam addressing strategic risk, the Bank identifies
mengelola risiko strategik, Bank melakukan functional activities from loan, treasury,
identifikasi pada aktivitas fungsional tertentu investment, operation and services. The
seperti perkreditan, treasuri dan investasi, serta Bank record the change of performance as
operasional dan jasa. Bank melakukan result of unrealized strategic application and
pencatatan perubahan kinerja akibat tidak the control of financial position by monitoring
terealisasinya pelaksanaan strategi dan the realisation of the Bank’s goal.
melakukan pengendalian keuangan untuk
melakukan pemantauan realisasi target Bank.
Bank memperkuat implementasi strategi The Bank strengthens strategy
dengan pemantauan secara berkala, diiringi implementation by periodic monitoring,
dengan pengelolaan struktur biaya yang baik. accompanied by adequate cost structure
Inisiatif dari Bank dalam mendorong management. The initiative of the Bank in
implementasi strategi untuk mendukung misi encouraging the implementation of strategies
dan tujuan Bank diikuti dengan pengawasan to support the mission and objectives of the
yang kuat dan berkelanjutan. Pengawasan Bank is followed by strong and ongoing
tujuan strategis yang ketat dari Direksi akan supervision. Supervision of the strict strategic
memastikan Bank bergerak ke arah yang tepat. objectives of the Board of Directors will
ensure the Bank moves in the right direction.
Penilaian risiko Bank yang disampaikan kepada The Bank risks assessment which is
Otoritas Jasa Keuangan (OJK) yang disusun submitted to Financial Services Authority
melalui proses self-assessment untuk (OJK) is evaluated through self-assessment
menghasilkan profil risiko yang terdiri dari process by making a risk profile which
inherent risk yaitu risiko yang melekat pada consists of inherent risks to the bank industry
aktivitas bank dan risk control system yaitu as well as the corresponding controls to
pengendalian terhadap risiko inheren. Sesuai address those risks. According to Financial
dengan kriteria ukuran dan kompleksitas usaha Services Authority (OJK) regulation, on the
Bank berdasarkan peraturan Otoritas Jasa basis of Bank measurement and business
Keuangan (POJK) yang berlaku, penilaian complexity, the risks are evaluated on the
risiko dilakukan terhadap delapan jenis risiko basis of eight types of risk namely credit risk,
yaitu risiko kredit, risiko pasar, risiko likuiditas, market risk, liquidity risk, operational risk,
risiko operasional, risiko kepatuhan, risiko compliance risk, legal risk, reputation risk,
hukum, risiko reputasi, dan risiko strategik. and strategic risk.
Hasil penilaian profil risiko Bank yang The results of the evaluation of risk profile of
disampaikan kepada Otoritas Jasa Keuangan the Bank which has been submitted to
(POJK) pada periode Juni 2024 menunjukkan Financial Services Authority (OJK) in June
bahwa peringkat risiko secara keseluruhan 2024 indicated that the aggregate risk of the
bisnis Bank dinilai “Low to Moderate” dengan Bank's business is “Low to Moderate” with
kecenderungan tren stabil. tendency of a stable trend.
146
Page 424
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
42. PENGUNGKAPAN INFORMASI TAMBAHAN 42. ADDITIONAL DISCLOSURE ON NOTES TO
DALAM CATATAN ATAS LAPORAN KEUANGAN THE FINANCIAL STATEMENTS (continued)
(lanjutan)
n. Posisi Devisa Neto n. Net Open Position
Perhitungan Posisi Devisa Neto (“PDN”) The Net Open Position (“NOP”) is calculated
didasarkan pada Peraturan Bank Indonesia based on Bank Indonesia Regulation
No. 5/13/PBI/2003 tanggal 17 Juli 2003 No. 5/13/PBI/2003 dated July 17, 2003 which
sebagaimana telah diubah terakhir dengan was last amended by Bank Indonesia
Peraturan Bank Indonesia Regulation No. 17/5/PBI/2015 dated
No. 17/5/PBI/2015 tanggal 29 Mei 2015 tentang May 29, 2015 regarding Net Open Position for
Posisi Devisa Neto Bank Umum. Berdasarkan Commercial Bank. Based on this regulation,
peraturan tersebut, Bank diwajibkan untuk the Bank is required to maintain Net Open
menjaga rasio PDN laporan posisi keuangan Position ratio of the overall statements of
dan secara keseluruhan maksimum 20% dari financial position at a maximum of 20% of the
jumlah modal. PDN adalah penjumlahan nilai total capital. The NOP is the sum of the
absolut yang dinyatakan dalam Rupiah dari absolute values, which are stated in Rupiah,
selisih neto antara aset dan liabilitas dalam of the net difference between the assets and
mata uang asing dan selisih neto dari tagihan liabilities denominated in each foreign
dan liabilitas komitmen dan kontinjensi yang currency and the net difference of the
dicatat dalam rekening administratif yang receivables and payables of both
didenominasi dalam setiap mata uang asing. commitments and contingencies recorded in
Perhitungan Posisi Devisa Neto (“PDN”) the administrative accounts denominated in
didasarkan Peraturan Bank Indonesia No. 15 each foreign currency. The Net Open Position
Tahun 2023 Perubahan Ketiga Atas Peraturan (“NOP”) is calculated based on Bank
Bank Indonesia Nomor 22/14/PBI/2020 Indonesia Regulation No. 15 of 2023 which
Tentang Operasi Moneter . was third amendment to Bank Indonesia
regulation No 22/14/PBI/2020 regarding
Monetary Operation.
Berikut adalah PDN masing-masing pada The table below represent NOP as of
tanggal 31 Desember 2024 dan 2023 per mata December 31, 2024 and 2023, respectively
uang sebagai berikut: by currencies as follows:
31 Desember/December 31, 2024
Aset/ Liabilitasl Posisi Devisa Neto/
Assets Liabilities Net Open Position
Mata Uang Currencies
Keseluruhan (laporan posisi Aggregate (statement of
keuangan dan rekening financial position and
administratif) administrative accounts)
Dolar Amerika Serikat 9.593.491 9.593.102 389 United States Dollar
Dolar Singapura 937.468 937.310 158 Singapore Dollar
Yuan Renminbi Cina 381.860 381.249 611 Chinese Yuan Renminbi
Dolar Australia 19.444 19.426 18 Australian Dollar
Yen Jepang 1.759 1.703 56 Japanese Yen
Euro Eropa 615 586 29 European Euro
Dolar Hong Kong 49 2 47 Hong Kong Dollar
Poundsterling
Britania Raya 53 - 53 Great Britain Poundsterling
Jumlah 10.934.739 10.933.378 1.361 Total
Jumlah Modal Tier I dan Tier II Total Capital Tier I and Tier II
pada tanggal 31 Desember 2024 6.355.818 December 31, 2024
Rasio PDN pada tanggal NOP Ratio as of
31 Desember 2024 0.02% December 31, 2024
Jumlah Modal Tier I dan Tier II Total Capital Tier I and Tier II
pada tanggal 30 November 2024 6.455.896 November 30, 2024
Rasio PDN pada tanggal NOP Ratio as of
30 November 2024 0.05% November 30, 2024
147
Page 425
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
42. PENGUNGKAPAN INFORMASI TAMBAHAN 42. ADDITIONAL DISCLOSURE ON NOTES TO
DALAM CATATAN ATAS LAPORAN KEUANGAN THE FINANCIAL STATEMENTS (continued)
(lanjutan)
n. Posisi Devisa Neto (lanjutan) n. Net Open Position (continued)
Berikut adalah PDN masing-masing pada The table below represent NOP as of
tanggal 31 Desember 2024 dan 2023 per mata December 31, 2024 and 2023, respectively
uang sebagai berikut: (lanjutan) by currencies as follows: (continued)
31 Desember/December 31, 2023
Aset/ Liabilitasl Posisi Devisa Neto/
Assets Liabilities Net Open Position
Mata Uang Currencies
Keseluruhan (laporan posisi Aggregate (statement of
keuangan dan rekening financial position and
administratif) administrative accounts)
Dolar Amerika Serikat 6.283.503 6.280.086 3.417 United States Dollar
Dolar Singapura 794.272 796.900 2.628 Singapore Dollar
Yuan Renminbi Cina 266.925 264.115 2.810 Chinese Yuan Renminbi
Dolar Australia 1.122 746 376 Australian Dollar
Yen Jepang 1.631 1.323 308 Japanese Yen
Euro Eropa 1.136 552 584 European Euro
Dolar Hong Kong 44 - 44 Hong Kong Dollar
Poundsterling
Britania Raya 3.717 3.913 196 Great Britain Poundsterling
Jumlah 7.352.350 7.347.635 10.363 Total
Jumlah Modal Tier I dan Tier II Total Capital Tier I and Tier II
pada tanggal 31 Desember 2023 6.209.630 December 31, 2023
Rasio PDN pada tanggal NOP Ratio as of
31 Desember 2023 0,17% December 31, 2023
Jumlah Modal Tier I dan Tier II Total Capital Tier I and Tier II
pada tanggal 30 November 2023 6.147.957 November 30, 2023
Rasio PDN pada tanggal NOP Ratio as of
30 November 2023 0,17% November 30, 2023
o. Manajemen permodalan o. Capital management
Sasaran utama atas kebijakan pengelolaan The primary objectives of the Bank’s capital
permodalan yang dilakukan oleh Bank adalah management policy is to ensure that the
untuk mematuhi ketentuan permodalan Bank complies with applicable external
eksternal yang berlaku dan untuk capital requirements to maintain healthy
mempertahankan rasio permodalan yang sehat capital ratios in order to support their
agar dapat mendukung usaha dan
business and to maximise shareholder value.
memaksimalkan nilai bagi pemegang saham.
Bank mengelola struktur modal dan melakukan The Bank manages their capital structure
penyesuaian atas struktur tersebut terhadap and makes adjustments to it in the light of
perubahan kondisi ekonomi dan karakteristik changes in economic conditions and the risk
risiko aktivitasnya. Untuk mempertahankan characteristics of their activities. In order to
atau menyesuaikan struktur modal tersebut, maintain or adjust the capital structure, the
Bank dapat menyesuaikan jumlah pembayaran Bank may adjust the amount of dividend
dividen kepada pemegang saham, payment to shareholders, return capital to
mengembalikan modal kepada pemegang shareholders or issue new shares.
saham atau mengeluarkan saham baru.
Manajemen menggunakan rasio permodalan Management uses regulatory capital ratios in
yang diwajibkan regulator untuk memantau order to monitor its capital. OJK’s approach
permodalan Bank. Pendekatan OJK digunakan is used to measure it which is primarily based
untuk pengukuran tersebut terutama on monitoring the relationship of the capital
berdasarkan pengawasan atas hubungan adequacy to availability of capital resources.
antara kecukupan modal dengan ketersediaan
modal.
148
Page 426
The original financial statements included herein are in
Indonesian language.
PT BANK CHINA CONSTRUCTION PT BANK CHINA CONSTRUCTION
BANK INDONESIA Tbk BANK INDONESIA Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 As of December 31, 2024
dan untuk Tahun yang Berakhir and for the Year Then Ended
pada Tanggal Tersebut (Expressed in millions of Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
42. PENGUNGKAPAN INFORMASI TAMBAHAN 42. ADDITIONAL DISCLOSURE ON NOTES TO
DALAM CATATAN ATAS LAPORAN KEUANGAN THE FINANCIAL STATEMENTS (continued)
(lanjutan)
o. Manajemen permodalan (lanjutan) o. Capital management (continued)
Bank telah mematuhi semua persyaratan modal The Bank has complied with all applicable
yang ditetapkan sepanjang tahun pelaporan. external capital requirements throughout the
reporting year.
Rasio Kewajiban Penyediaan Modal Minimum The Capital Adequacy Ratio (”CAR”) is the
(”KPMM”) adalah rasio modal Bank terhadap ratio of Bank’s capital over its Risk
Aset Tertimbang Menurut Risiko (Risk Weighted Assets (”RWA”). The Bank’s
Weighted Assets/RWA). Kewajiban Capital Adequacy Ratio (”CAR”) in
Penyediaan Modal Minimum (”KPMM”) Bank accordance to POJK No.11/POJK.03/2016,
berdasarkan POJK No. 11/POJK.03/2016, POJK No. 34/POJK.03/2016 and POJK No.
POJK No. 34/POJK.03/2016, POJK No. 27 27 year 2022 is as follows:
tahun 2022 yang berlaku adalah sebagai
berikut:
31 Desember/December 31
2024 2023
Modal inti (Tier 1) 6.139.213 6.014.355 Core capital (Tier 1)
Modal pelengkap (Tier 2) 216.605 195.275 Supplementary capital (Tier 2)
Jumlah modal 6.355.818 6.209.630 Total capital
Aset tertimbang menurut risiko Risk weighted assets
Risiko kredit 19.390.306 15.235.593 Credit risk
Risiko pasar 349.855 382.744 Market risk
Risiko operasional 954.434 962.994 Operational risk
Jumlah aset tertimbang
menurut risiko 20.694.595 16.581.331 Total risk weighted assets
Rasio KPMM Capital adequacy ratio
Rasio Common Equity Tier 1 29,67% 36,27% Common Equity Tier 1 ratio
Rasio Tier 1 29,67% 36,27% Tier 1 ratio
Rasio Tier 2 1,05% 1,18% Tier 2 ratio
Rasio total 30,72% 37,45% Total ratio
Rasio KPMM yang diwajibkan
menurut profil risiko 9,00% - < 10,00% 9,00% - < 10,00% Required CAR based on risk profile
p. Batas Minimum Pemberian Kredit p. Legal Lending Limit
Pada tanggal 31 Desember 2024 dan 2023, tidak As of December 31, 2024 and 2023 there are
terdapat pelanggaran ataupun pelampauan no breach or violation of the Legal Lending
Batas Maksimum Pemberian Kredit (“BMPK”) Limit (“LLL”) to third parties and related parties
kepada pihak ketiga dan pihak berelasi sesuai as required by Bank Indonesia regulations.
dengan peraturan yang telah ditetapkan Bank
Indonesia.
43. PENYELESAIAN LAPORAN KEUANGAN 43. COMPLETION OF THE FINANCIAL
STATEMENTS
Manajemen bertanggung jawab atas penyajian The management is responsible for the
laporan keuangan yang telah diselesaikan dan preparation of financial statements which were
diotorisasi untuk diterbitkan oleh Direksi Bank pada completed and authorized for issuance by the
tanggal 19 Februari 2025. Bank’s Board of Directors on February 19, 2025.
149
Page 427
Corporate Governance Corporate Information Financial Statement Annual Report 265
Page 428
idn.ccb.com
Names mentioned 97 people and organisations named in the text · linked when the evidence is strong
unresolved
org
PT Pefindo
p.6 ×2
unresolved
org
Bank Indonesia
p.9 ×87
unresolved
org
Bank Windu Kentjana International Tbk
p.11 ×12
unresolved
org
Bank Windu
p.11 ×6
unresolved
org
PT Bank Antardaerah
p.11 ×2
unresolved
org
Financial Services Authority
p.11 ×22
unresolved
org
Are Implemented China Construction Bank Indonesia Tbk
p.12
unresolved
org
PT Bank China
p.12
unresolved
org
Association Construction Bank Indonesia Tbk.
p.12
unresolved
org
China Construction Bank Corporation
p.12 ×10
unresolved
org
Bank Multicor Tbk
p.12 ×6
unresolved
org
PT Bank Windu Kentjana
p.12 ×2
unresolved
org
Minister of Justice and Human
p.12
unresolved
org
Bank Indonesia Certificates
p.12
unresolved
org
PT Multinational Finance
p.12
unresolved
org
Bank Multicor. Subsequently
p.12
unresolved
person
Johnny Wiraatmadja
p.12 ×2
unresolved
org
Indonesia Stock Exchange
p.14 ×5
unresolved
org
PT Indonesian Central Securities Depository Indonesia Stock Exchange
p.15
unresolved
person
Eliwaty Tjitra
p.15
unresolved
person
H. Fachrudin
p.15
unresolved
org
Central Huijin Investment Ltd.
p.16 ×3
unresolved
org
HKSCC Nominees Limited
p.16 ×2
unresolved
org
CCB Corporation
p.16 ×9
unresolved
org
Central Huijin Asset Management Ltd.
p.16
unresolved
org
Hong Kong Securities Clearing Company Ltd.
p.16
unresolved
org
Shareholders China Construction Bank Corporation
p.16
unresolved
org
Brand Finance. CCB Corporation
p.16
unresolved
person
Sun Jianzheng
· President
p.17
unresolved
org
Corporation Limited
p.19
unresolved
org
Casualty Insurance Co., Ltd.
p.19
unresolved
org
CCB Private Equity Investment Management Co., Ltd.
p.19
unresolved
org
CCB Principal Asset Management Co., Ltd.
p.19
unresolved
org
CCB Financial Asset Investment Co., Ltd.
p.19
unresolved
org
CCB Financial Leasing Co., Ltd.
p.19
unresolved
org
CCB Wealth Management Co., Ltd.
p.19
unresolved
org
CCB Futures Co., Ltd.
p.19
unresolved
org
CCB Life Insurance Co., Ltd.
p.19
unresolved
org
Operation Subsidiaries CCB Consumer Finance Co., Ltd.
p.19
unresolved
org
CCB Trust Co., Ltd.
p.19
unresolved
org
CCB Pension Management Co., Ltd.
p.19
unresolved
org
CCB Housing Services Co., Ltd.
p.19
unresolved
org
CCB Housing Rental Private Fund Management Co., Ltd.
p.19
unresolved
org
CCB Engineering Consulting Co., Ltd.
p.19
unresolved
org
Limited Sino-German Bausparkasse Co., Ltd.
p.19
unresolved
org
Bank Award
p.31 ×2
unresolved
org
Bank KBMI II Category As
p.31
unresolved
org
Bank KBMI II
p.31
unresolved
org
Yayasan Benih Baik Indonesia
p.32 ×2
unresolved
person
Chandra N.T. Siagian
p.39
unresolved
org
CCB Indonesia's CCB Corporation
p.45
unresolved
org
Bank Indonesia Certificate
p.48
unresolved
org
Bank Indonesia's
p.49 ×2
unresolved
org
Bank Risk Management Approach
p.56
unresolved
org
Bank Capital Structure Standard Format
p.62 ×4
unresolved
org
Bank China Contruction Bank Indonesia
p.68
unresolved
org
Bank Sistemik
p.71
unresolved
org
Bank Individually
p.75 ×8
unresolved
org
Bank Individually Net Receivables Before
p.83
unresolved
org
Bank Individually Portfolio Category
p.84
unresolved
org
Bank Individually Net Receivables
p.86
unresolved
org
PT Bank China Construction Bank
p.268
unresolved
org
Indonesia Tbk
p.268
unresolved
org
PT BANK CHINA CONSTRUCTION
p.295 ×13
unresolved
person
Irwan Ignatius Bonto
· Anggota
p.296
unresolved
org
Tokyo Branch China Construction Bank Corporation
p.378
unresolved
org
Shenzhen Branch China Construction Bank Corporation
p.378
unresolved
org
London Branch China Construction Bank Corporation
p.378
unresolved
org
Zhejiang Branch China Construction Bank Corporation
p.378
unresolved
org
Billing China Construction Bank Corporation
p.378
unresolved
org
Dana Pensiun Bank Windu
p.378
unresolved
org
Bank Windu Pension Fund
p.378
unresolved
org
Bank CCB
p.420
unresolved
org
Bank CCB Indonesia Indonesia
p.420
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